BEIJING & NEW YORK--(Business Wire)--
The Blackstone Group (NYSE: BX) today announced that it is opening
a representative office in Beijing with Mr. Shan Fu as its chief
representative, based in Beijing.
Before joining Blackstone in 2008, Mr. Fu was Vice President of
Beijing Mainstreets Investment Group. Before that, he worked in
China's National Development and Reform Commission ("NDRC"), the State
Economic and Trade Commission of China, the Office of Economic and
Trade in State Council of China, and the Office of Production of the
State Council of China.
Commenting on the office opening and the appointment of Mr. Fu,
Mr. Stephen A. Schwarzman, Chairman, CEO and Co- Founder, of
Blackstone, said: "The opening of our Beijing office and the
appointment of Shan further underlines our deep commitment to China
and the Chinese market. We welcome Shan to the firm and we look
forward to working together."
Mr. Antony Leung, Blackstone's Chairman for Greater China, added:
"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."
Mr. Shan Fu commented: "I am very excited about joining Blackstone
as its Chief Representative in Beijing. I look forward to working with
the Blackstone China team to channel the global reach and resources of
Blackstone's alternative asset and advisory platform and increase its
presence in the China markets."
Mr. Fu received a Bachelor's and Master's Degree in History from
Peking University in Beijing, China.
About The Blackstone Group
Blackstone is one of the world's leading investment and advisory
firms. We seek to create positive economic impact and long-term value
for our investors, the companies we invest in, the companies we advise
and the broader global economy. We do this through the commitment of
our extraordinary people and flexible capital. Our alternative asset
management businesses include the management of corporate private
equity funds, real estate funds, hedge funds, funds of funds, debt
funds, collateralized loan obligation vehicles (CLOs) and closed-end
mutual funds. The Blackstone Group also provides various financial
advisory services, including mergers and acquisitions advisory,
restructuring and reorganization advisory and fund placement service.
Further information is available at www.blackstone.com.
The Blackstone Group
New York:
Peter Rose, +1 212-583-5871
rose@blackstone.com
or
John Ford, +1 212-583-5559
ford@blackstone.com
or
London:
Sophia Harrison, +44 (0)20 7451 4295
harrison@blackstone.com
Copyright Business Wire 2008
