NEW YORK–(Business Wire)–
The Blackstone Group (NYSE: BX) today announced that Jitesh Gadhia has joined
the firm as a Senior Managing Director in Blackstone Advisory Partners. Mr
Gadhia was most recently Managing Director and Head of Advisory at Barclays
Capital. Mr Gadhia will be based in Blackstone`s London office.
Commenting on the appointment, John Studzinski, Global Head of Blackstone
Advisory Partners, said: “We are delighted that someone of Jitesh`s experience
and reputation is joining us. Not only does Jitesh bring an extensive track
record in UK and Europe, across multiple industry sectors, but he has also been
at the forefront of developing cross border activity with emerging markets such
as India, which are increasingly important for Blackstone. Jitesh will add to
the strength of our existing platform and have the opportunity to develop our
advisory presence in new markets.”
Jitesh Gadhia added: “I am excited to be joining Blackstone`s successful and
growing advisory franchise. Blackstone`s powerful network of relationships,
access to capital and expanding geographic reach, across developed and emerging
markets, offers a unique proposition for clients.”
Jitesh Gadhia has almost 20 years` investment banking experience, having held
senior positions at Barclays Capital, ABN AMRO and Baring Brothers. He graduated
from Cambridge University with a degree in Economics and attended the London
Business School as a Sloan Fellow. Mr Gadhia also serves as a Trustee of the
UK`s National Endowment for Science, Technology and the Arts and, in 2008, was
selected as a Young Global Leader by the World Economic Forum.
About Blackstone
Blackstone is one of the world`s leading investment and advisory firms. We seek
to create positive economic impact and long-term value for our investors, the
companies we invest in, the companies we advise and the broader global economy.
We do this through the commitment of our extraordinary people and flexible
capital. Our alternative asset management businesses include the management of
private equity funds, real estate funds, funds of hedge funds, credit-oriented
funds, collateralized loan obligation vehicles (CLOs) and closed-end mutual
funds. The Blackstone Group 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
The Blackstone Group L.P.
New York
Peter Rose, 212-583-5871
rose@blackstone.com
or
London
Natasha Baxter, 44 (0) 20 7451 4026
baxtern@blackstone.com
or
Mumbai
Vinod K. Moorthy, 91 22 2266 1755 40661755
vinod.moorthy@ipan.com
Copyright Business Wire 2010
