Blackstone Appoints New Co-Chief Investment Officers
Blackstone has announced the appointment of Ken Caplan and Lionel Assant to the newly established positions of Global Co-Chief Investment Officers.
Blackstone has announced the appointment of Ken Caplan and Lionel Assant to the newly established positions of Global Co-Chief Investment Officers.
With investment firms seeking to attract
trillions from smaller investors, large allocators could have co-investment
opportunities, fee cuts reduced.
Adam
White previously worked at Bakkt and Coinbase.
Blackstone, KKR, TPG, Apollo, Ares, Brookfield, EQT and Carlyle have
more than $700 billion of dry powder.
Esdec generates annual sales of close to 506 million.
SERS had been set to commit $125 million to Sentinel
Capital Partners.
Pension fund also approves
commitments to three other funds.
System
backs Sentinel Capital Partners despite board concerns.
After a drop in 2021, capital raised but not committed
increases.
However, the world’s largest asset manager still favors
developed market equities and inflation-linked bonds on a long time horizon.