Ward Young has been promoted CIO, announced Joe Dowling, global head of Blackstone Alternative Asset Management (BAAM), on his LinkedIn.
Previously, Young was a senior managing director of Blackstone’s GP Stakes, focusing on the acquisition of minority ownership interests in private equity and other private-market alternative asset management firms. Before joining Blackstone in 2019, Young spent more than 12 years at The Carlyle Group, where he focused on investments in the infrastructure and power sectors. Before joining Carlyle, he began his career at UBS Investment Bank.
In addition, Joe Blaine was named head of Blackstone’s GP Stakes business. Previously, Blaine was a senior managing director, having joined Strategic Partners in 2001. Prior to joining Strategic Partne