Blackstone Hires Co-head From University for Hedge Fund Unit

Blackstone Group, the world’s biggest hedge fund investor, is bringing in a former endowment chief at Brown University as the co-head of its Blackstone Alternative Asset Management (BAAM) unit.

The company has hired Joe Dowling to join John McCormick who has run the $78 billion hedge fund unit since early 2018, the company confirmed on Monday...