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Insider finance: Wall Street's new dress code


Insider finance: Wall Street s new dress code
[email protected] (Dan DeFrancesco,Jordan Parker Erb)
© Reuters
Reuters
Good morning and welcome to Insider Finance. I m Dan DeFrancesco, and here s what s on the agenda today:
Wall Street has a new fashion code as bankers are stocking up on more comfortable work clothes.
Blackstone has set a date for when it wants employees back in the office.
Utilities investor Electron Capital details why the firm is betting big on renewable energy.
Like the newsletter? Hate the newsletter? Feel free to drop me a line at [email protected] or on Twitter @DanDeFrancesco. ....

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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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