Private Equity Firm Blackstone Looks To Grow Its Esg Team, Initiatives

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Summary List PlacementThe race among private-equity firms to show investors they are serious about sustainability has been heating up. Blackstone, the world's largest alternative asset manager, is considering adding three executives to its corporate ESG team, Christine Anderson, Blackstone's head of external relations, told Insider. The firm has been snapping up talent for its fast-growing ESG team this year, announcing the hire of five new ESG execs in early May. The search for talent comes as investors ramp up the pressure for private equity firms to double down on ESG and impact investing efforts.

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