Former Future Fund boss goes to Blackstone
Former Future Fund general manager Paul Costello has been appointed as non-executive chairman of global investment and advisory firm, Blackstone.
Blackstone announced Costello's appointment today, saying he would report to Blackstone's president Tony James and the company's private equity head in the Asia-Pacific, Michael Chae.
Commenting on Costello's appointment, Chae said Australia represented a market of long-term importance to Blackstone because of the increasing number of institutions which were choosing to invest with the company and "as a source of attractive investment opportunities for our funds".
"Paul's background superbly positions him to guide us as we grow the business in Australia and New Zealand," he said.
Recommended for you
The RBA assistant governor (business services) is set to speak at the Women in Finance Summit 2025, taking place this November.
Momentum Media’s wealth publishing network is pleased to announce the launch of the annual Australian Wealth Management Summit 2025.
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
