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Blackstone opens Beijing office, appoints Shan Fu as chief representative04/08/2008. Source: AltAssets. 
 The Blackstone Group has established a representative office in Beijing, to be headed by Shan Fu, who has joined the firm as its Beijing chief representative.
Fu joins from China real estate investment firm Beijing Mainstreets Investment Group, where he was vice president. Before that, Fu worked for a variety of Chinese government agencies and commissions, including the National Development and Reform Commission and the State Economic and Trade Commission.
Antony Leung, Blackstone's chairman for Greater China, said, 'We see tremendous opportunities both in China and to partner with Chinese companies outside of China. The opening of our Beijing office and the appointment of Shan gives us another great resource to take advantage of those opportunities.'
Last year, sovereign wealth fund China Investment Corp agreed to invest $3bn in Blackstone in the form of non-voting common units. The agreement was made just prior to Blackstone's IPO.
Copyright © 2008 AltAssets
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