As the alternative asset management giant sought to expand its business in the Gulf region, Blackstone Group's private wealth business executives gathered in Dubai to host the first promotion conference in the history of the business to solicit well-funded investors in the city. At the Waldorf Astoria in the Dubai International Financial Center, the US company promoted a range of core products, including private equity credit and infrastructure, to more than 100 high-net-worth individuals and representatives of platforms that distribute private equity investments to wealthy clients and family offices. At the promotion conference on Wednesday, a number of executives took turns speaking, including Farhard Karim, chief operating officer of Blackstone's private wealth business, Carlos Whittaker, president of BCRED, a flagship private equity fund for individual investors, and Greg Blank, CEO of BX, an infrastructure investment tool for retail investors. The promotion also coincided with the official opening of Blackstone's new Dubai office — this is also the company's first dedicated private wealth office outside of Zurich.

As the alternative asset management giant sought to expand its business in the Gulf region, Blackstone Group's private wealth business executives gathered in Dubai to host the first promotion conference in the history of the business to solicit well-funded investors in the city. At the Waldorf Astoria in the Dubai International Financial Center, the US company promoted a range of core products, including private equity credit and infrastructure, to more than 100 high-net-worth individuals and representatives of platforms that distribute private equity investments to wealthy clients and family offices. At the promotion conference on Wednesday, a number of executives took turns speaking, including Farhard Karim, chief operating officer of Blackstone's private wealth business, Carlos Whittaker, president of BCRED, a flagship private equity fund for individual investors, and Greg Blank, CEO of BX, an infrastructure investment tool for retail investors. The promotion also coincided with the official opening of Blackstone's new Dubai office — this is also the company's first dedicated private wealth office outside of Zurich.