New York, September 3, 2008: The Blackstone Group (NYSE:BX) today announced that Ivan Brockman has joined as a Senior Managing Director in the firm’s corporate advisory business. He will open a new office for Blackstone in Menlo Park, California.
Mr. Brockman has over 14 years of experience in the technology business as an investment banker and as an attorney specializing in corporate securities and M&A. Before joining Blackstone, he was cohead of West Coast Technology Investment Banking for Citigroup, and led Citigroup’s global investment banking efforts in the enterprise systems and software industries. He also served on several of the firm’s investment banking committees. Before joining Citigroup, he was with Goldman Sachs’ technology, media and telecom investment banking group. He also spent several years with the technology-focused Palo Alto law firm, Wilson Sonsini Goodrich and Rosati.
John Studzinski, head of Blackstone’s advisory businesses, said, “We are delighted to have someone of Ivan’s stature join our firm. He brings a wealth of experience in technology to our rapidly growing global advisory capabilities. His long association with a multitude of technology industries will add significantly to our ability to advise clients in this area. With Ivan on the West Coast and Chris Pasko heading up the East Coast effort, the Blackstone Technology Advisory Group is now well anchored.”
Ivan Brockman added, “With Blackstone’s great reputation, and commitment to technology, I am looking forward to complementing the firm’s current outstanding efforts and successes in corporate advisory and M&A. I believe that many large and small companies in the technology sector can benefit from the differentiated advice and senior commitment that we can provide.”
Mr. Brockman received a BS with distinction from Cornell University and a JD from University of Pennsylvania Law School.
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.
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