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Blackstone hires Jean-Manuel Richier in European advisory practice

The Blackstone Group has appointed Jean-Manuel Richier as senior managing director to its Paris office to work alongside Jean-Michel Steg and grow and develop the Blackstone Advisory bu

The Blackstone Group has appointed Jean-Manuel Richier as senior managing director to its Paris office to work alongside Jean-Michel Steg and grow and develop the Blackstone Advisory business in France and Europe.

Richier (pictured) has 18 years of investment banking experience in France. He was recently a managing director and deputy head of investment banking for France at Citigroup. Prior to this, he was a managing director with Goldman Sachs and the head of the financing group (equity and debt capital markets) for France and Belgium (1998-2005).

He started his career at JP Morgan in 1990 and held various positions within the investment banking department in Paris, London and New York.

John Studzinski, global head of Blackstone’s Corporate Advisory Group, says: ‘The appointment of a second French local advisory practitioner is another step in the increasing development of our global team. It also highlights the wider maturity and importance of the global advisory market. We’re delighted to have someone of Jean-Manuel’s calibre further strengthen our team.’

Richier says: ‘Blackstone’s Advisory business is a first-rate team advising a number of exciting businesses and governments at a time when the market needs solid senior-level advice. The firm has a unique position in the industry and has been expanding its business, particularly in Asia and Europe, and I’m thrilled to be a part of that development.’

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