Blackstone has announced a new leader of Southeast Asia for private wealth solutions (PWS), following the appointment of a regional head for the business last week. The private equity giant said on Monday that Herbert Suen would become the new head of Southeast Asia, PWS. Suen was most recently the APAC PWS head for the firm. Meanwhile, Manali Parekh has been […]

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Private equity giant Blackstone has named a new head of private wealth solutions (PWS) for Asia Pacific. Effective 1 January 2024, Ed Huang will be promoted from his current role of chief operating officer (COO) for the region. The APAC wealth team is currently run by Herbert Suen, who will take on an unspecified senior role at PWS after Huang’s […]

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The surging demand for alternatives in Asia is unlocking substantial opportunities for private banks and global private equity houses. In Herbert Suen’s view, Blackstone’s track record and expertise in Asia puts it ahead of its peers in the race to grab them. “Blackstone was among the first to pave the way for alternatives in the private wealth space. We started […]

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