Blackstone has announced two senior leadership appointments to support the acceleration of growth in its private wealth business. With more than $300 billion in assets under management from the private wealth channel globally, the business has been a pioneer in serving individual investors for more than two decades.
After overseeing the buildout of the Europe, Middle East and Africa (EMEA) private wealth business, Rashmi Madan, a 15-year Blackstone veteran, has been promoted to the newly created role of global head of portfolio solutions. In this new role, Madan will lead the scaling of Blackstone’s multi-strategy solutions, drawing on her deep expertise across asset classes and longstanding relationships with clients. The firm intends to develop several investment solutions as part of this newly formed initiative.
Simona Maellare will join Blackstone as head of EMEA for private wealth, where she will lead the firm’s efforts to further expand and deepen its private
