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Blackstone Attract Investment Bank with Good Compensation for London Operations

U.S investment firm expands its European operations as private equity deals boom still intact despite the political situation.

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Blackstone Attract Investment Bank with Good Compensation for London Operations

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  1. Blackstone Attract Investment Bank with Good Compensation for London Operations Blackstone Inc. has increased its staff in its London office to nearly 500 people during the Covid-19 pandemic. According to Farhad Karim, Chief Operating Officer, Europe will be the best bet in delivering investment opportunities. What is this all about? Since March 2020, Blackstone has recruited around 200 people in London and expanded in Frankfurt, Paris, and other locations in Europe. The recruitment spree is happening when buyout firms attract deal Makers from investment banks with lucrative offers. Blackstone, KKR & Co, Carlyle Group Inc., Ares Management Corp, Apollo Global Management Inc., and others paid an average compensation of near $ 2million per employee in 2021. The average pay at the top five U.S. investment banks was $232,000 in comparison.

  2. According to Bloomberg News, Blackstone has been among the aggressive poachers on Wall Street. Their prominent recruits include Catherine Chiurco and Tata Morrison from JPMorgan Chase, Heather Von Zuben from Goldman Sachs, and Caroline Hill from Lloyds banking group. Karim says that Blackstone’s talent is coming from the investment banking world. There are combined factors attracting bankers to the firm, and one of the components is compensation. You can read the full content: https://businessupside.com/2022/03/07/blackstone-attract- investment-bank-with-good-compensation-for-london-operations/ -------------------------- Business Upside Email ID: support@businessupside.com Phone No.: +1-425-605-0775 Visit Us: https://www.businessupside.com/ Stay Connected Via: https://www.facebook.com/businessupside https://www.youtube.com/channel/UCuSkeS5oU- B2tRIBDYntmaw https://twitter.com/BusinessUpside1

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