Stay updated with breaking news from Menes Chee. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Blackstone would also maintain a minority stake in the Company. The Company has strong and growing merchant relationships formed over 30 years and has nearly doubled its annual loan originations since Blackstone first invested in 2018, with originations expected to reach $2 billion in 2021.. Menes Chee, a Senior Managing Director at Blackstone, and C. C....
The Allstate Corporation has agreed to sell Allstate Life Insurance Company to entities managed by Blackstone for $2.8 billion, the company said in a news release. ALIC holds approximately 80% (or $23 billion) of Allstate’s life and annuity reserves and generated net income of $467 million in 2019 and a net loss of $23 million in the first nine months of 2020. The transaction is subject to regulatory approval with an expected closing in the second half of 2021. “Allstate is deploying capital out of lower growth and return businesses while continuing to execute our strategy to grow market ...
Blackstone’s head of tactical opportunities in Asia, Kishore Moorjani, resigns after 9 years Photo: Bloomberg Premium Blackstone Group Inc.’s Kishore Moorjani has resigned from the firm after leading the efforts for its opportunistic investment platform in Asia for nine years. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday REGISTER stories_left_placeholder...
(Jan 10): Blackstone Group Inc’s Kishore Moorjani (pictured) has resigned from the firm, after leading the efforts for its opportunistic investment platform in Asia for nine years. Moorjani, 48, who’s the Asia head of Tactical Opportunities, will leave the firm in June and pursue other interests, a Hong Kong-based spokeswoman confirmed. He will be succeeded by Menes Chee, a senior partner who will relocate from the firm’s New York headquarters to Hong Kong in February, Blackstone said.
Asia head of Blackstone unit Kishore Moorjani quits Moorjani resigns after leading efforts for its opportunistic investment platform for nine years 10 January 2021 - 19:59 Cathy Chan Picture: BLOOMBERG Hong Kong — Blackstone Group’s Kishore Moorjani has resigned from the investment management firm after leading the efforts for its opportunistic investment platform in Asia for nine years. Moorjani, 48, Asia head of Tactical Opportunities, will leave the firm in June and pursue other interests, a Hong Kong-based spokesperson confirmed. He will be succeeded by Menes ...