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Blackstone Hires Global Co-Head of Blackstone Alternative Asset Management


Blackstone Hires Global Co-Head of Blackstone Alternative Asset Management
Submitted
12/01/2021 - 10:18am
Blackstone has appointed Joe Dowling, the former Chief Executive Officer of Brown University’s Investment Office, as Global Co-Head of Blackstone Alternative Asset Management (BAAM) alongside John McCormick. 
Dowling will oversee BAAM’s investment activities going forward, while McCormick will oversee BAAM’s business and investor functions.
BAAM invests in primarily liquid and semi-liquid investment strategies for institutional and retail investors seeking attractive risk-adjusted returns. BAAM manages USD78 billion of AUM and is a global market leader in allocating to hedge funds. It has also diversified into newer businesses including special situations, GP stakes, liquid alternatives, and equity capital markets. ....

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