Another member of Blackstone's hedge fund solutions group is leaving the firm in the wake of a change in leadership, according to a report by Bloomberg.
The latest MD to depart is Michael Pierog, head of Blackstone Alternative Asset Management’s hedge fund seeding business, whose joined the firm in 2013 from Barclays Plc after having previously worked at Davidson Kempner Capital Management.
Blackstone spokesperson Paula Chirhart confirmed in a statement that managing director Brian Snider will be promoted to succeed Pierog.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More
