Meet the 8 Blackstone dealmakers who insiders say are the firm's future
- Blackstone, with $545 billion of assets under management, has its hands in everything from real estate, to private equity, credit, and hedge funds.
- Business Insider spoke with industry insiders, including recruiters, bankers, and competitors to compile a list of rising dealmakers at the private equity giant.
It seems the Blackstone Group, with more than half a trillion in assets, owns just about everything.
Whether you're spending a night in a hotel or just going to the office, there's a good chance you're inhabiting space owned, at least in part, by Blackstone.
In real estate alone, the firm has $154 billion of assets under management, comprised of office, hotel, retail and residential properties.
Its ever-expanding portfolio of companies also includes businesses from mobile advertising to data analytics, to firms that create the world's roads, tunnels, and wind farms.
While everyone knows the bold-face names behind Blackstone's dealmaking prowess like CEO Stephen Schwarzman and his lieutenant Tony James, there's a younger generation of scrappy upstarts helping shape some of the firm's biggest deals.
Business Insider spoke with industry insiders, including recruiters, sponsor bankers and competitors, to compile a list of rising dealmakers at Blackstone.
These professionals do not currently lead entire divisions at the firm, though some run smaller units. Most work alongside the firm's star players as a supporting cast, but their peers predict greatness ahead. Whatever their roles, sources expressed confidence that they may just become some of the firm's most successful dealmakers.
[A quick note on methodology: the list reflects only dealmakers based in the United States and does not include investment professionals across Blackstone's lines of credit, hedge fund and insurance solutions.]