Blackstone Names Liping Zhang as its Chairman for Greater China
July 03 2015 - 8:00PM
Business Wire
Blackstone (NYSE:BX) today announced that it has named Liping
Zhang as a Senior Managing Director and its Chairman for Greater
China. Based in Hong Kong, Mr. Zhang will advise and provide
guidance to firm management and its regional business units as the
firm continues to expand its presence in the region.
Mr. Zhang has more than 30 years of financial industry,
corporate management and government sector experience. He joins
from Credit Suisse where he most recently served as Co-Chief
Executive Officer of Greater China and Vice Chairman of Global
Investment Banking.
“Liping Zhang is one of the preeminent figures in finance in
China, and his appointment underscores the strategic importance of
Greater China to Blackstone,” said Stephen A. Schwarzman, Chairman,
CEO and Co-Founder of Blackstone. “With his public and private
sector experience across the region, Liping possesses a unique
perspective and deep knowledge of the market that will serve us
well as we seek to build further upon our leading presence and
relationships in the region. We look forward to his many
contributions.”
“I am delighted to have this opportunity to join Blackstone,”
added Mr. Liping Zhang. “Blackstone has established a leading
platform in China and has a comprehensive understanding of the
region, which my own experience in the market will complement. I
look forward to partnering with management and the investment
professionals to help further grow the business.”
Mr. Zhang graduated from Beijing University’s School of
International Business & Economics and received a Master’s
degree in International Affairs and International Law from St.
John’s University. He also attended NYU’s Stern School of
Business.
About Blackstone
Blackstone is one of the world’s leading investment firms. We
seek to create positive economic impact and long-term value for our
investors, the companies we invest in, and the communities in which
we work. We do this by using extraordinary people and flexible
capital to help companies solve problems. Our asset management
businesses, with over $300 billion in assets under management,
include investment vehicles focused on private equity, real estate,
public debt and equity, non-investment grade credit, real assets
and secondary funds, all on a global basis. Blackstone also
provides various financial advisory services, including financial
and strategic advisory, restructuring and reorganization advisory
and fund placement services. Further information is available at
www.blackstone.com. Follow Blackstone on Twitter @Blackstone.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150703005236/en/
BlackstonePeter Rose, +1 212-583-5871Rose@Blackstone.com
Blackstone (NYSE:BX)
Historical Stock Chart
From Mar 2024 to Apr 2024
Blackstone (NYSE:BX)
Historical Stock Chart
From Apr 2023 to Apr 2024