Investment firm Blackstone has announced a new Asia Pacific management structure to enhance management capabilities across the region.

The new APAC leadership structure of Private Equity firm Blackstone includes several promotions and comes on the back of the appointment last July of Zhang Liping from Credit Suisse as chairman for Greater China.

The current Head of Real Estate Asia, Chris Heady, has been named Blackstone’s Chairman of Asia Pacific. 

Jan Nielsen, who currently leads the firm’s private equity investing in Southeast Asia, Japan and Korea and acts as Chief Operating Officer for Blackstone Capital Partners in the region, will work closely with Heady as Chief Operating Officer for all Blackstone businesses and administrative functions in Asia Pacific.

Carol Kim, the ranking investor relations professional in Asia Pacific, has been named firm-wide Chief Operating Officer of investor relations across the region. 

Japanese Promotion

Current Head of the Real Estate group in Japan, Daisuke Kitta, has been named Head of Japan for all business and administrative functions along with his existing regulatory responsibility for the office.

Susannah Lindenfield, currently the Head of International Compliance, has been named General Counsel for Asia Pacific and will continue to oversee Compliance in the region.  

«As our business in Asia and Australia has grown and matured, we reached the scale where upgrading our regional management structure was crucial to our continuing growth and increasing presence in the region,» said Tony James, Blackstone’s President and Chief Operating Officer.

Blackstone has over $330 billion in assets under management.