Blackstone Alternative Asset Management Gets on Pension Watchlists over Organizational Changes
Posted on 04/06/2022
Blackstone Alternative Asset Management (BAAM) is a unit of Blackstone Inc. Blackstone is the world’s biggest hedge fund investor and often backs and seeds new hedge funds. In April 2016, Los Angeles Water & Power Employees’ Retirement Plan awarded a mandate to Blackstone Alternative Asset Management for a customized hedge fund of fund portfolios called…
