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April 27, 2021 02:08 PM

Blackstone bulks up ESG team with 5 new positions

James Comtois
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    Blackstone Group appointed people to five new senior positions within its environmental, social and governance team, a news release said.

    The new team members are:

    • Elizabeth Lewis, managing director of ESG (corporate).
    • James Mandel, managing director of sustainability (portfolio operations).
    • Nina James, managing director and head of real estate ESG (real estate, Asia).
    • Caroline Hill, managing director and head of real estate ESG (real estate, Europe).
    • Rita Mangalick, managing director and global head of ESG for Blackstone Alternative Asset Management and Blackstone Credit.

    Ms. Lewis will implement ESG policies within Blackstone. She was previously senior engagement officer, climate and impact investing at International Finance Corp.

    Mr. Mandel will support Don Anderson, an operating partner and chief sustainability officer, in leading the firm's carbon emissions reduction program. Prior to taking on this role, he was managing director of the global carbon-free buildings program for Rocky Mountain Institute.

    Ms. James will partner with Eric Duchon, global head of real estate ESG, in building out Blackstone's Asia-based capabilities on the firm's asset management team, while Ms. Hill will partner with Mr. Duchon in building out the firm's ESG capabilities in Europe in real estate asset management.

    Ms. James was general manager of responsible investment and corporate sustainability for Investa Property Group, while Ms. Hill was head of responsible business for Lloyds Banking Group.

    Ms. Mangalick will partner with BAAM and Blackstone Credit to lead ESG diligence, policy development, reporting and engagement. She was head of ESG for hedge fund solutions at BAAM and Blackstone Credit.

    Emilie Stanton, a spokeswoman for Blackstone, could not be immediately reached for additional information, nor could representatives from IFC, Rocky Mountain Institute, Investa or Lloyds.

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