New York-headquartered Blackstone has announced the appointment of a new head of private wealth for the Asia Pacific region.

Blackstone appoints Ed Huang as head of APAC in the private wealth solutions group, according to a statement, effective 1 January 2024. He replaces Herbert Suen, who will stay with the firm in a senior role that will be announced later. 

Huang is currently the head of China private equity investments and chief operating officer for Asia private equity. 

Succeeding Huang is Haide Hong who has also been named as head of acquisitions for China. Hong is a senior managing director and a 10-year veteran at Blackstone.