Blackstone

Blackstone investors and clients benefit from synergies across a spectrum of businesses, including alternative asset management, principle investing, advisory, financing and restructuring activities.

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People News: Blackstone, Deutsche Bank, UBS

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Blackstone is hiring a former top enforcement attorney at the U.S. Securities and Exchange Commission, months after the world’s biggest alternative-asset manager agreed to its first SEC penalty, two people with knowledge of the move said.

Blackstone to shut mutual fund

Closed Sign

Blackstone Group, the asset manager run by Stephen Schwarzman, will shutter a mutual fund that allocates money to hedge fund managers as the vehicle’s main backer, Fidelity Investments, is pulling out.

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