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Blackstone hires Olivier Meyo to head London office

10/09/2008Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityBlackstone Alternative Asset Management, the fund of hedge funds division of The Blackstone Group, has hired Olivier Meyo as a managing director to head its London office and lead its business in Europe, the Middle East and Africa.

Gideon Berger, who has headed the London office since 2006, has been named chief risk officer and will return to New York.

Meyohas will sit on BAAM's executive committee and investment committee. He will report to J Tomilson Hill, vice chairman of Blackstone and president and CEO of BAAM.

Prior to BAAM, Meyohas was at Goldman Sachs in London, where he was a managing director and last served as co-head of the Pension Advisory Group.

Tomilson Hill said, 'We are thrilled that Oli is joining us to build on the business momentum and success in Europe, the Middle East and Asia that BAAM has achieved under Gideon and his team. Oli's deep knowledge of pensions and his advisory approach naturally fit our customer solution focus.'

Meyohas added, 'The experience I have working with some of Europe's largest pension funds will hopefully be additive to BAAM's existing efforts to solve the complex investment challenges faced by the biggest institutional investors in the world - particularly in these challenging markets.'

BAAM has approximately $31bn under management. The firm's operations includes the management of corporate private equity funds, real estate funds, hedge funds, funds of funds, debt funds, collateralised loan obligation vehicles and closed-end mutual funds.

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