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2018-02-14  15:34

CIJ USA

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Jon Gray named President and COO at Blackstone

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Jon Gray has been promoted to the duel role of President and Chief Operating Officer of Blackstone. Gray came to Blackstone in 1992 straight out of college where he started in the private equity, mergers and acquisition areas before joining the real estate group at its inception. He has led this area since 2005, helping build the world’s largest real estate business with more than $115 billion of investor capital. He graduated from the University of Pennsylvania and received a a B.S. from the Wharton School. Gray sits on Blackstone’s Board of Directors and Management Committee, playing a critical role in firm-wide management, strategy and decision-making.

Stephen A. Schwarzman, Co-Founder, Chairman and Chief Executive Officer, Blackstone said “I’ve learned over the last 26 years that Jon Gray has great judgment, enormous energy and unique personal charisma, which has enabled him to garner enormous respect within the global financial community. His strong values and passion for excellence are the embodiment of Blackstone’s core principles. The appointment of Jon as President and COO lays the foundation for the next generation of senior management and positions the firm well for future leadership.”

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