From Dow Jones & Company:

Blackstone, a trillion-dollar asset manager, is promoting two senior executives to co-chief investment officers. Ken Caplan and Lionel Assant will oversee investments across the firm’s private-equity, real-estate, and hedge-fund arms in their new roles. This move comes as Blackstone adjusts to its new status as a trillion-dollar asset manager.



Read more: Blackstone Taps Two Firm Veterans to Help Oversee Trillion-Dollar Asset Pile