Tech banker Ivan Brockman just joined Blackstone Group LP as a senior managing director in the firm's corporate advisory business. He will open a new office for mergers and acquisitions advice in Menlo Park, Calif.
Before Blackstone, Brockman was co-head of West Coast technology investment banking for Citigroup Inc. and led its global investment banking efforts in the enterprise systems and software industries. Earlier, he was with Goldman, Sachs & Co.'s technology, media and telecom investment banking group. He also spent several years with technology-focused Palo Alto, Calif., law firm Wilson Sonsini Goodrich and Rosati PC.
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John Studzinski, head of Blackstone's advisory businesses,
said "with Ivan on the West Coast and Chris Pasko heading up the East
Coast effort, the Blackstone technology advisory group is now well
anchored." Brockman added, "I believe that many large and small
companies in the technology sector can benefit from the differentiated
advice and senior commitment that we can provide."
PeHub.com notes
Brockman is actually Blackstone's second senior professional in Silicon
Valley, joining John Hodge -- the firm also has a San Francisco office,
but it mostly focuses on real estate and asset management.
In other breaking Blackstone news, Reuters reports Blackstone joined a consortium bidding for publishing group Informa after its tie-up with Dubai fell through, a source familiar with the situation said. - Baz Hiralal
See press release: Blackstone hires Ivan Brockman
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