Blackstone Inc., the world’s largest alternative-asset manager, is implementing strategic changes in its leadership to bolster revenue from affluent clients in the Asia-Pacific region.
![Blackstone executives Jonathan Gray, Ken Caplan, and Kathleen McCarthy strategizing to unlock Asia-Pacific private wealth opportunities. PHOTO: Patrick James Miller/FORTUNE](https://krugmaninsights.com/wp-content/uploads/2023/10/BLA03.20.Blackstone-1024x683.webp)
These changes include the appointment of Ed Huang, formerly the head of China private equity investments and the Chief Operating Officer (COO) for Asia private equity.
Huang will now oversee the company’s private wealth division in the