Business & Finance
Business and Finance
Business and Finance
Wed, September 1, 2010
Tue, August 31, 2010 
NEW YORK--([ BUSINESS WIRE ])--The Blackstone Group (NYSE: BX) today announced that Jitesh Gadhia has joined the firm as a Senior Managing Director in Blackstone Advisory Partners. Mr Gadhia was most recently Managing Director and Head of Advisory at Barclays Capital. Mr Gadhia will be based in Blackstonea™s London office.
"I am excited to be joining Blackstonea™s successful and growing advisory franchise. Blackstonea™s powerful network of relationships, access to capital and expanding geographic reach, across developed and emerging markets, offers a unique proposition for clients."
Commenting on the appointment, John Studzinski, Global Head of Blackstone Advisory Partners, said: aWe are delighted that someone of Jitesha™s experience and reputation is joining us. Not only does Jitesh bring an extensive track record in UK and Europe, across multiple industry sectors, but he has also been at the forefront of developing cross border activity with emerging markets such as India, which are increasingly important for Blackstone. Jitesh will add to the strength of our existing platform and have the opportunity to develop our advisory presence in new markets.a
Jitesh Gadhia added: aI am excited to be joining Blackstonea™s successful and growing advisory franchise. Blackstonea™s powerful network of relationships, access to capital and expanding geographic reach, across developed and emerging markets, offers a unique proposition for clients.a
Jitesh Gadhia has almost 20 yearsa™ investment banking experience, having held senior positions at Barclays Capital, ABN AMRO and Baring Brothers. He graduated from Cambridge University with a degree in Economics and attended the London Business School as a Sloan Fellow. Mr Gadhia also serves as a Trustee of the UKa™s National Endowment for Science, Technology and the Arts and, in 2008, was selected as a Young Global Leader by the World Economic Forum.
About Blackstone
Blackstone is one of the worlda™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 private equity funds, real estate funds, funds of hedge funds, credit-oriented funds, collateralized loan obligation vehicles (CLOs) and closed-end mutual funds. The Blackstone Group also provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory and fund placement services. Further information is available at [ www.blackstone.com ]
