Latest news with #JoeDowling
Irish Independent
16-07-2025
- Entertainment
- Irish Independent
Aurfest organisers launch GoFundMe appeal after inaugural Louth festival attracts small crowd
The Argus Organisers of the new music and comedy festival Aurfest which took place in north Louth earlier this month have set up a GoFundMe appeal after smaller than expected crowds meant that they didn't break even. The two-day festival at Bellurgan Park was headlined by Duke Special, Ispini na hEireann, Emma Doran, Joe Dowling and a host of local acts. Related topics Margaret Roddy
Business Wire
14-07-2025
- Business
- Business Wire
Blackstone Multi-Asset Investing (BXMA) Hires Monica Issar as Senior Managing Director
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced that Monica Issar will join Blackstone Multi-Asset Investing ('BXMA') as a Senior Managing Director based in New York where she will be the Head of Total Portfolio Management ('TPM'). Monica will join the TPM leadership team partnering closely with Co-Chief Investment Officers, Joe Dowling and David Ben-Ur. She will report directly to Joe Dowling, Global Head of Blackstone Multi-Asset Investing. "Monica is a proven leader with a remarkable track record of driving innovation in investment solutions and scaling multi-asset platforms," says Joe Dowling. "Her expertise will be pivotal in advancing BXMA's portfolio management capabilities and delivering value to our clients worldwide. We are thrilled to welcome her to the team." Monica brings over 25 years of experience in multi-asset investing, portfolio solutions, and leadership within the financial services industry, including building and scaling investment platforms for institutional and private clients globally. Monica joins Blackstone from J.P. Morgan Global Private Bank, where she served as the Global Head of Multi-Asset & Portfolio Solutions. In this role, she managed a $55 billion Outsourced Chief Investment Office and a team of over 300 professionals managing $600 billion in single- and multi-asset portfolios. Monica Issar adds: 'I am honored to join Blackstone, a firm renowned for its scale, innovation, and client-first approach. I look forward to working with Joe and the BXMA team to deliver cutting-edge portfolio solutions and drive meaningful outcomes for our clients across asset classes.' BXMA's Total Portfolio Management platform manages large-scale total portfolios across asset classes in both public and private markets. The TPM platform is a natural extension of BXMA's business as clients increasingly look for strategic investment partners who can deliver tailored solutions across a wide variety of opportunities. TPM leverages Blackstone's strength and position as the world's largest alternative asset manager. Blackstone Multi-Asset Investing (BXMA) manages $88 billion across a diversified set of businesses. We strive to generate attractive risk-adjusted returns for our clients across market cycles. Our strategies include Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets.
Bloomberg
01-05-2025
- Business
- Bloomberg
Blackstone's King of Hedge Funds on Alt Investing Right Now
By and Joe Weisenthal Save Listen to Odd Lots on Apple Podcasts Listen to Odd Lots on Spotify Subscribe to the newsletter Everyone knows by now that college endowment funds have gone big on alternative investing, pouring billions of dollars into private equity and hedge funds. But that investing model now seems to be under pressure and there are reports that Ivy League institutions like Yale and Harvard are looking to unload some of their more illiquid investments. So why did colleges get into alts in the first place? And how do they select which funds to invest in? In this episode, we speak with Joe Dowling, the former head of Brown University's endowment. Joe is now global head of multi-asset investing at Blackstone, one of the biggest institutional investors around. He talks about the rise of alts, how college funds got so invested, the pressures they're facing right now, and the boom in multi-strats.
Yahoo
17-04-2025
- Business
- Yahoo
Blackstone's alternatives unit BXMA reports 2.3% gain in Q1
By Svea Herbst-Bayliss NEW YORK (Reuters) -Blackstone Group's multi-asset investing BXMA unit, the world's largest investor in hedge funds, posted a 2.3% return after fees in the first quarter, handily outpacing the HFRX Global Hedge Fund Index 0.53% return. The numbers, released on Thursday when Blackstone reported first-quarter earnings, are noteworthy because they came during a period of great market volatility as investors fretted about the prospect of U.S. tariffs, rising unemployment, and the chance of a recession. For the full year 2024 BXMA, which oversees $88 billion in assets for pension funds, sovereign wealth funds and other big institutions, returned 12% after fees, more than double the average hedge fund's 5.3% return. Last year's return was also nearly double the 6.9% gain BXMA reported in 2023. BXMA, headed by Joe Dowling, reported its 20th straight quarter of positive composite performance in its largest strategy, Blackstone said. During the first quarter, BXMA assets rose by 12% to $88 billion, including $3.4 billion of inflows. Dowling, who joined Blackstone from Brown University's endowment fund in 2021, has overhauled the portfolio by shifting where assets are allocated and improving its risk metrics. As he reordered the business to invest more broadly in alternatives instead of primarily allocating capital in a fund of hedge funds, the unit was renamed Blackstone Multi-Asset Investing from Blackstone Alternative Asset Management. The BXMA unit invests in asset classes in public and private markets, including in alternatives like hedge funds.
Reuters
17-04-2025
- Business
- Reuters
Blackstone's alternatives unit BXMA reports 2.3% gain in Q1
NEW YORK, April 17 (Reuters) - Blackstone Group's multi-asset investing BXMA unit, the world's largest investor in hedge funds, posted a 2.3% return after fees in the first quarter, handily outpacing the HFRX Global Hedge Fund Index 0.53% return. The numbers, released on Thursday when Blackstone (BX.N), opens new tab reported first-quarter earnings, are noteworthy because they came during a period of great market volatility as investors fretted about the prospect of U.S. tariffs, rising unemployment, and the chance of a recession. For the full year 2024 BXMA, which oversees $88 billion in assets for pension funds, sovereign wealth funds and other big institutions, returned 12% after fees, more than double the average hedge fund's 5.3% return. Last year's return was also nearly double the 6.9% gain BXMA reported in 2023. BXMA, headed by Joe Dowling, reported its 20th straight quarter of positive composite performance in its largest strategy, Blackstone said. During the first quarter, BXMA assets rose by 12% to $88 billion, including $3.4 billion of inflows. Dowling, who joined Blackstone from Brown University's endowment fund in 2021, has overhauled the portfolio by shifting where assets are allocated and improving its risk metrics. As he reordered the business to invest more broadly in alternatives instead of primarily allocating capital in a fund of hedge funds, the unit was renamed Blackstone Multi-Asset Investing from Blackstone Alternative Asset Management.
