Blackstone Poaches Brown’s Joe Dowling
Chair of university’s investment office tapped to co-lead firm’s $78 billion alternative asset unit.
Blackstone has named Joseph Dowling, the chair of Brown University’s Investment Office, as its new global co-head of Blackstone Alternative Asset Management along with John McCormick, effective Tuesday.
Dowling, who also served as Brown’s vice president and CIO from 2013 to 2018, has been a key part of the growth of the endowment, which has been among the top-performing universities in the country in recent years. Since July, Dowling has been serving in a part-time role at Brown as chair of the investment office and senior adviser to Brown President Christina Paxson.