Blackstone senior managing director Ben Jenkins is leaving the global private equity heavyweight and returning to New York after four years one of the firm’s top dealmaker in Asia.
Jenkins is due to leave the firm’s Hong Kong office at the end of the year with his wife, who recently secured a senior position with the Carnegie Corporation in the US, according to Reuters.
Jenkins arrived in Hong Kong in 2007 as the firm was expanding its operations in Asia. He was in charge of Blackstone’s investments in the region, including the $600m high profile acquisition of China’s BlueStar Chemical.
Jenkins spent 12 years with Blackstone, and was regarded as the firm’s top manager in Asia until senior managing director Michael Chae was moved from New York to Hong Kong in December last year.
Most recently, Jenkins focused on deals in Australia, where the firm has had a significant presence in recent months. Last month, the group was reportedly seeking A$431m ($450) to finance the acquisition of Valad Property, the Australian real estate investment group.
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