Global alternative asset manager Blackstone has unveiled an office in Frankfurt, Germany.
The office will be a hub for Blackstone’s private wealth solutions business, which provides services to investment professionals and individual investors across Europe.
The operation will also house Blackstone’s private equity, real estate and credit businesses.
Juergen Pinker, senior managing director, will lead on private equity and Jurij Puth, senior managing director will lead on credit.
Blackstone, which has $975bn (£797bn, €909bn) in assets under management, has been investing in Germany for more than 20 years.
Jon Gray, president and chief operating officer of Blackstone, said: “Germany is an economic powerhouse, a great country to do business in and we look forward to investing here for a long time to come.”
