The Blackstone Group (NYSE: BX) today announced that Aaron Nieman will
be launching Blackstone Altius Advisors, a new event-driven strategy
focusing on opportunities in the Asia Pacific region. A global, highly
experienced investment team will be headquartered in Hong Kong, with
additional professionals based in Tokyo, Mumbai, and New York.
Mr. Nieman, a Senior Managing Director joined Blackstone from S.A.C.
Capital Management, where he was a Managing Director in the Canvas
Capital Management division. At S.A.C., Mr. Nieman was instrumental in
creating a successful investment team responsible for merger arbitrage
and event-driven investments in the Asia Pacific region. Before that
Mr. Nieman was largely responsible for building Lehman Brothers´ Tokyo-based Global Trading Strategies Division (formerly known as the
Risk Arbitrage Division), focusing on Asia Pacific investments. Mr.
Nieman began his career at Lehman Brothers in New York.
Stephen A. Schwarzman, Chairman, CEO and Co-founder of the Blackstone
Group, said, "Aaron has a superb history of
developing teams and investing in Asia. He will add greater depth and
intellectual capital to Blackstone´s wide
range of alternative investment businesses, and we are delighted that he
has chosen to join us."
Antony Leung, Chairman, Blackstone Greater China, added, "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."
"Blackstone has a superior global alternative
investment platform. It also employs some of the best professionals in
the industry. The synergies that exist within Blackstone´s
various businesses will provide us with a significant advantage
investing in the Asia Pacific markets," said
Aaron Nieman, Senior Managing Director and Chief Investment Officer of
Altius Advisors.
Mr. Nieman has recruited an experienced and talented team of investment
professionals to Altius, including Christopher Pesce as Chief Operating
Officer. Mr. Pesce was formerly Global Head of Prime Brokerage at Bank
of America and, before that, with Goldman Sachs both in New York and
Hong Kong.
In addition to Blackstone Altius Advisors, Blackstone´s other businesses
in Asia include its corporate private equity fund (Blackstone Capital
Partners), its real estate opportunity fund (Blackstone Real Estate
Partners), its fund of hedge funds business and two closed-end mutual
funds (The India Fund and The Asia Tigers Fund).
The Blackstone Group
The Blackstone Group L.P. is a leading global alternative asset manager
and provider of financial advisory services. Its alternative asset
management businesses include the management of corporate private equity
funds, real estate opportunity funds, funds of hedge funds, mezzanine
funds, senior debt funds, proprietary hedge funds and closed-end mutual
funds. The Blackstone Group also provides various financial advisory
services, including mergers and acquisitions advisory, restructuring and
reorganization advisory and fund placement service. Further information
is available at www.blackstone.com
