Gautam Banerjee to Join as Chairman of Blackstone Singapore

  Gautam Banerjee to Join as Chairman of Blackstone Singapore

Business Wire

SINGAPORE -- January 8, 2013

Blackstone (NYSE:BX) today announced that Gautam Banerjee has become the
Chairman ofBlackstone Singapore. Mr. Banerjee was most recently theExecutive
Chairman of PricewaterhouseCoopers (PwC) Singapore, where he also served as a
member of the firm’s Global Strategy Council and as Chief Operating Officer
for PwC for China, Japan, Korea, Australia and Southeast Asia. He will also
join Blackstone’s International Advisory Board.

Michael Chae, the Head of International Private Equity for Blackstone said,
“We are delighted to have Mr. Banerjee join Blackstone in Singapore. Through
his extraordinary 30-year career, he has become one of the senior leaders of
the business and broader community in the region. His deep knowledge of the
region, extensive relationships, and superb judgment will be invaluable to our
investing and advisory businesses in Southeast Asia and throughout the

Added Mr. Banerjee, “Blackstone is the world’s largest alternative asset
manager and a global leader in each one of its businesses. I am looking
forward to working with the firm to drive its strategy and help develop its
businesses in this vibrant region.”

Mr. Banerjee is a Vice Chairman of the Singapore Business Federation and
serves on the boards of Singapore Airlines, the Government of Singapore
Investment Corporation, the Economic Development Board,the Straits Trading
Company Ltd., the APEC Business Advisory Council and the Yale-NUS College. He
has served on the Corporate Governance Council of the Monetary Authority of
Singapore and the Companies Act Reform Steering Committee. He was a Nominated
Member of Parliament in Singapore from 2007 to 2009. He served as a member of
the Economic Strategies Committee chaired by the Finance Minister of Singapore
from 2009 to 2010.

He is alsoa fellow of the Institute of Chartered Accountants in England and
Wales and the Institute of Certified Public Accountants in Singapore. He
graduated with a Bachelor of Science (Honours) degree in Accounting and
Financial Analysis from the University of Warwick in Great Britain.

About Blackstone

Blackstone is one of the world’s leading investment and advisory firms. We
seek to create positive economic impact and long-term value for our investors,
the companies we invest in, the companies we advise and the broader global
economy. We do this through the commitment of our extraordinary people and
flexible capital. Our alternative asset management businesses include the
management of private equity funds, real estate funds, hedge fund solutions,
credit-oriented funds and closed-end funds. Blackstone also provides various
financial advisory services, including financial and strategic advisory,
restructuring and reorganization advisory and fund placement services. Further
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New York
Charlotte Bilney, 852 3103 0103
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Hong Kong
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