Blackstone Publicizes Len Laufer, a Chief in Knowledge Science and Know-how Throughout the Monetary Providers Business, as Senior Advisor

NEW YORK–(BUSINESS WIRE)–Blackstone (NYSE: BX) at the moment introduced the appointment of Len Laufer, a pioneer in knowledge science and long-time govt throughout the monetary companies business, as a senior advisor. He’ll advise throughout Blackstone’s companies, with a give attention to Blackstone Development (BXG), the agency’s development fairness investing platform.

Mr. Laufer brings a uncommon mixture of expertise as each a profitable entrepreneur and Fortune 100 chief throughout industries. In 1997, he based Argus Data and Advisory Providers and grew the corporate over the subsequent 15 years into a number one supplier of knowledge and analytical options to the funds business. After promoting the enterprise in 2012, Mr. Laufer went on to guide JPMorgan Chase’s machine studying and knowledge science efforts as Head of Clever Options. Most lately, he served as CEO of Cerberus Know-how Options, the working subsidiary of Cerberus Capital Administration, which targeted on using know-how, knowledge and synthetic intelligence in funding actions and on the agency’s portfolio firms. Mr. Laufer additionally served as Co-Chairman of the Board for Alberstons Firms, one of many largest meals and drug retailers in North America, till 2021.

Vini Letteri, Senior Managing Director and Head of Monetary Providers for Blackstone Development, mentioned: “Len’s breadth of expertise and first-hand understanding of the challenges of scaling a enterprise might be invaluable to our portfolio firms and their founders. All firms, no matter their business, need to higher use know-how to enhance their enterprise and shield towards disruption. Len’s information might be an actual profit as they face these challenges.”

Len Laufer added: “I applaud Blackstone’s emphasis on the significance of knowledge and know-how as each an investing theme and as an operational crucial for the businesses throughout its portfolio. I sit up for working with the BXG staff and others throughout the agency in these efforts.”

Mr. Laufer graduated cum laude with honors from Harvard Faculty with an AB in Social Research, and earned an MBA from the Wharton Enterprise College on the College of Pennsylvania.

About Blackstone

Blackstone is the world’s largest various asset supervisor. We search to create constructive financial impression and long run worth for our traders, the businesses we put money into, and the communities wherein we work. We do that through the use of extraordinary individuals and versatile capital to assist firms clear up issues. Our $915 billion in belongings below administration embody funding automobiles targeted on personal fairness, actual property, public debt and fairness, infrastructure, life sciences, development fairness, opportunistic, non-investment grade credit score, actual belongings and secondary funds, all on a worldwide foundation. Additional info is offered at www.blackstone.com. Observe @blackstone on LinkedIn, Twitter, and Instagram.

https://www.businesswire.com/information/residence/20220426006116/en/Blackstone-Publicizes-Len-Laufer-a-Chief-in-Knowledge-Science-and-Know-how-Throughout-the-Monetary-Providers-Business-as-Senior-Advisor

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