Aaron Nieman, a senior managing director who joined Blackstone from S.A.C. Capital Management, will launch Blackstone Altius Advisors, the firm said in a statement Tuesday. Headquartered in Hong Kong, Altius will also have people on the ground in Tokyo, Mumbai and New York.
"As Blackstone continues to aggressively seek opportunities within Asia, Aaron and his team will provide additional investment capability that will bolster our presence in the region," Antony Leung, the chairman of Blackstone Greater China, said in the statement.
While this is a different sort of expansion, the news comes as many investors are increasing their presence in Asia-Pacific and raising funds dedicated to the region. For more, see
Dealwatch: PE and VC fundraising. -
Carolyn MurphyFull story coming shortly on
TheDeal.com See Blackstone press release
