Blackstone Asia hiring plans are accelerating as the alternative asset manager looks to capture rising private market demand from individual investors, Ed Huang, its Asia-Pacific private wealth head, said. Blackstone has roughly doubled its regional team over the past two years and is expanding in Japan, adding staff in Australia and placing people on the ground in South Korea. Huang said the firm sees strong potential in offering private equity and private credit products to

Family office expansion in Asia and the Middle East is accelerating as rising private wealth pushes families to diversify and professionalise investment, governance and operating models, recruiters say. Singapore and Hong Kong are competing aggressively for family office mandates, with Singapore’s single-family offices climbing to about 2,000 by end-2024, according to government data cited by Reuters. In the Gulf, Dubai and Abu Dhabi are attracting established regional famili