Blackstone Fund Of Funds Chief Quits

Feb 9 2009 | 2:10am ET

The head of the Blackstone Group’s fund of funds group is leaving the firm, Blackstone told investors last week.

Bruce Amlicke has resigned as chief investment officer of Blackstone Alternative Investment Management’s fund of funds division to spend more time with his family, The Wall Street Journal reports. Amlicke will remain with Blackstone for a transition period of a few months; his position will not be filled.

Amlicke has been with Blackstone since 2004, overseeing its 116-member fund of funds team.

“The extensive commute to the New York City office from his home in Connecticut and the demands of his job have weighed very heavily on Bruce and his family,” Blackstone said in a memo to clients. “As a result, he has made this important decision in order to allow him to spend much more time with his wife and children.”


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of