PE Tech Report


Like this article?

Sign up to our free newsletter

Blackstone to open new Frankfurt office

Blackstone, the world’s largest alternative asset manager, is to open a new office in Frankfurt, Germany. The new flagship location will occupy 1,300 square meters in the OMNITURM in Frankfurt’s financial district and serve as a hub for Blackstone in Germany.

The new office will host professionals across Blackstone’s private equity, real estate, and credit businesses, in addition to providing a hub for the firm’s private wealth solutions business, which serves investment professionals and individual investors across Europe. Juergen Pinker, Senior Managing Director, will lead on private equity, with Jurij Puth, Senior Managing Director, leading on credit.

Blackstone has been an active and significant investor in Germany for more than two decades, with currently more than 7,000 people employed by its portfolio companies in the country. To date, the firm has been involved in transactions worth more than €17 billion in Germany.

Current Blackstone investments in Germany include Leica and Schenck Process. In the past, the firm invested in Scout24, Gerresheimer, as well as Meerwind, the first privately financed offshore wind farm in Germany. 

Like this article? Sign up to our free newsletter