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Blackstone Forms New AI-focused Unit, Growth Chief Korngold Departs
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Blackstone Forms New AI-focused Unit, Growth Chief Korngold Departs

The Information·Valida Pau·6 months ago
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Blackstone is folding its growth equity business into a new unit called BXN1 that will focus on AI-related investment, according to an internal memo reviewed by The Information. Jas Khaira, Blackstone’s head of Americas for tactical opportunities, will relocate from New York to San Francisco to oversee the new business, and continue to lead its tactical opportunities business in the Americas.