David F. Fox, a senior managing director in Blackstone's secondary market alternative investment business will be leaving the firm at the end of the year, said Kate Holderness, spokesman for the $1 trillion alternative investment manager.
Holderness did not immediately answer questions as to Fox's replacement. Fox joined the secondary business known as Strategic Partners in 2007 when it was part of Credit Suisse. Blackstone acquired the business from Credit Suisse in 2013.
At Blackstone, Fox sits on the investment committee for each of the Strategic Partners funds. the firm's website shows. In January, Blackstone closed its latest secondary market fund, Blackstone Strategic Partners IX with $22.2 billion as well as its inaugural GP-led continuation fund strategy, Strategic Partners GP Solutions fund with $2.7 billion.
Blackstone's secondary business, known as Blackstone Strategic Partners, has $68 billion in assets under management.