Blackstone Plans Asia Hiring Push to Tap Private Market Demand

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 high-net-worth individuals seeking diversification beyond traditional stock-and-bond portfolios.

Blackstone Asia hiring efforts remain focused on themes such as artificial intelligence, energy and life sciences as the firm scales to meet growing private market demand.