Blackstone has announced three appointments to key firm-wide roles and the creation of two new functions to enhance client coverage and capital raising.
Blackstone veterans Farhad Karim and Chris Sullivan will step into new roles, and the firm is pleased to welcome Adam Lane.
Karim will become global COO of private wealth solutions (PWS). Blackstone’s PWS business provides financial advisers access to institutional-quality alternative investments for their clients, including dedicated products across real estate, credit, private equity and infrastructure. Blackstone launched this business more than a decade ago and today manages an industry-leading $250 billion in assets across the private wealth channel. The PWS team of nearly 300 professionals partners with financial advisers across the globe to help build wealth for their clients. As COO of PWS, Karim will be responsible for overseeing the group’s day-to-day operations, including continued product and regional e
