Managing Partner, Alternative Asset Management, Headhunter/Recruiter | Advisor | Board Director
The family office boom has caught the attention of private equity firms and other alternatives managers who are looking to raise funds. Blackstone, KKR and The Carlyle Group have all been expanding their teams, funding events and building products catering specifically to family offices. Private equity firms are going after the family office market aggressively. Blackstone, which has served wealthy individuals for decades through its Private Wealth Solutions business, is ramping up its Private Capital Group, which serves family offices, billionaires and the largest, most sophisticated individual investors. That team has doubled to 25 people over the past few years and is likely to keep growing, according to Craig Russell, global head of Blackstone’s Private Capital Group. #assetmanagement?#alternativeinvestments?#investmentmanagement?#privatecredit?#privateequity
