{"id":476697,"date":"2021-04-15T07:33:10","date_gmt":"2021-04-15T11:33:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-hires-paul-morrissey-to-lead-european-investing-for-blackstone-growth-bxg\/"},"modified":"2021-04-15T07:33:10","modified_gmt":"2021-04-15T11:33:10","slug":"blackstone-hires-paul-morrissey-to-lead-european-investing-for-blackstone-growth-bxg","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-hires-paul-morrissey-to-lead-european-investing-for-blackstone-growth-bxg\/","title":{"rendered":"Blackstone Hires Paul Morrissey to Lead European Investing for Blackstone Growth (BXG)"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Blackstone Hires Paul Morrissey to Lead European Investing for Blackstone Growth (BXG)<\/b><\/p>\n<p>LONDON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBlackstone (NYSE: BX) today announced that it has hired Paul Morrissey, a seasoned investment professional with extensive private equity and venture capital experience, as a Managing Director to lead investing across Europe for Blackstone Growth (BXG).\n<\/p>\n<p>\nThis newly created role will see Mr. Morrissey manage the European deployment for BXG, which recently completed the final close of its oversubscribed, inaugural <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackstone.com%2Fpress-releases%2Farticle%2Fblackstone-announces-4-5-billion-final-close-of-blackstone-growth-bxg-fund-largest-first-time-growth-equity-vehicle-in-history%2F&amp;esheet=52412369&amp;newsitemid=20210415005546&amp;lan=en-US&amp;anchor=%244.5+billion+growth+equity+fund&amp;index=1&amp;md5=d673488140b619b1c7e1b81a128f7dda\">$4.5 billion growth equity fund<\/a> \u2013 the largest first-time growth equity private vehicle ever raised. BXG has already made significant investments in fast-growing European companies, including Epidemic Sound, which delivers restriction-free music to internet content creators across the globe, and oat milk pioneer, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.blackstone.com%2Fpress-releases%2Farticle%2Foatly-gains-momentum-in-its-global-plant-based-movement-and-fuels-expansion-with-a-200-million-equity-investment-led-by-blackstone-growth%2F&amp;esheet=52412369&amp;newsitemid=20210415005546&amp;lan=en-US&amp;anchor=Oatly&amp;index=2&amp;md5=d7df2dbb1bd07a23b78f3f81a05abceb\">Oatly<\/a>.\n<\/p>\n<p>\nJon Korngold, Global Head of Blackstone Growth, said: \u201cI\u2019m delighted that Paul has joined us to lead BXG in Europe. Paul is a world-class growth equity investor and his appointment underlines Blackstone\u2019s already-strong commitment to partnering with fast-growing European companies to help them become global industry leaders by providing them with access to a scale of resources not typically available to this market.\u201d\n<\/p>\n<p>\nPaul Morrissey said: \u201cI\u2019m excited to join Blackstone and look forward to working with the team to extend BXG\u2019s leadership position as a highly strategic partner to growth-stage companies. Blackstone\u2019s immense scale and operational expertise affords entrepreneurs the ability to pursue transformational growth opportunities that might not have been available to them in the past.\u201d\n<\/p>\n<p>\nMr. Morrissey most recently served as a partner at the technology-focused investing firm, Battery Ventures, where he established Battery\u2019s London office and led many successful investments in global growth businesses. Prior to Battery, Mr. Morrissey spent time at Goldman Sachs, where he focused on advising companies in the technology industry. He graduated from Stanford University with a B.A. in Economics and was featured in Forbes \u201c30 under 30\u201d earlier in his career.\n<\/p>\n<p><b>About Blackstone<\/b><\/p>\n<p>\nBlackstone is one of the world\u2019s leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $619 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.blackstone.com&amp;esheet=52412369&amp;newsitemid=20210415005546&amp;lan=en-US&amp;anchor=www.blackstone.com&amp;index=3&amp;md5=a56c7e953a259ad78a179c98a0bc5fe2\">www.blackstone.com<\/a>. Follow Blackstone on Twitter @Blackstone.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210415005546r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210415005546\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210415005546\/en\/<\/a><\/span><\/p>\n<p>\nFelix Lettau<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Felix.Lettau@Blackstone.com\">Felix.Lettau@Blackstone.com<br \/>\n<\/a><br \/>+44 (0) 7587 020020\n<\/p>\n<p><b>KEYWORDS:<\/b> New York Europe United States United Kingdom North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210415005546\/en\/286215\/3\/bx_logo_jpeg.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Blackstone Hires Paul Morrissey to Lead European Investing for Blackstone Growth (BXG) LONDON&#8211;(BUSINESS WIRE)&#8211; Blackstone (NYSE: BX) today announced that it has hired Paul Morrissey, a seasoned investment professional with extensive private equity and venture capital experience, as a Managing Director to lead investing across Europe for Blackstone Growth (BXG). This newly created role will see Mr. Morrissey manage the European deployment for BXG, which recently completed the final close of its oversubscribed, inaugural $4.5 billion growth equity fund \u2013 the largest first-time growth equity private vehicle ever raised. BXG has already made significant investments in fast-growing European companies, including Epidemic Sound, which delivers restriction-free music to internet content creators across the globe, and oat milk pioneer, Oatly. Jon Korngold, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-hires-paul-morrissey-to-lead-european-investing-for-blackstone-growth-bxg\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Blackstone Hires Paul Morrissey to Lead European Investing for Blackstone Growth (BXG)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-476697","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Blackstone Hires Paul Morrissey to Lead European Investing for Blackstone Growth (BXG) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-hires-paul-morrissey-to-lead-european-investing-for-blackstone-growth-bxg\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blackstone Hires Paul Morrissey to Lead European Investing for Blackstone Growth (BXG) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Blackstone Hires Paul Morrissey to Lead European Investing for Blackstone Growth (BXG) LONDON&#8211;(BUSINESS WIRE)&#8211; Blackstone (NYSE: BX) today announced that it has hired Paul Morrissey, a seasoned investment professional with extensive private equity and venture capital experience, as a Managing Director to lead investing across Europe for Blackstone Growth (BXG). This newly created role will see Mr. Morrissey manage the European deployment for BXG, which recently completed the final close of its oversubscribed, inaugural $4.5 billion growth equity fund \u2013 the largest first-time growth equity private vehicle ever raised. BXG has already made significant investments in fast-growing European companies, including Epidemic Sound, which delivers restriction-free music to internet content creators across the globe, and oat milk pioneer, Oatly. Jon Korngold, &hellip; Continue reading &quot;Blackstone Hires Paul Morrissey to Lead European Investing for Blackstone Growth (BXG)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/blackstone-hires-paul-morrissey-to-lead-european-investing-for-blackstone-growth-bxg\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-15T11:33:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210415005546r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackstone-hires-paul-morrissey-to-lead-european-investing-for-blackstone-growth-bxg\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackstone-hires-paul-morrissey-to-lead-european-investing-for-blackstone-growth-bxg\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Blackstone Hires Paul Morrissey to Lead European Investing for Blackstone Growth (BXG)\",\"datePublished\":\"2021-04-15T11:33:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackstone-hires-paul-morrissey-to-lead-european-investing-for-blackstone-growth-bxg\\\/\"},\"wordCount\":464,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackstone-hires-paul-morrissey-to-lead-european-investing-for-blackstone-growth-bxg\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210415005546r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackstone-hires-paul-morrissey-to-lead-european-investing-for-blackstone-growth-bxg\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/blackstone-hires-paul-morrissey-to-lead-european-investing-for-blackstone-growth-bxg\\\/\",\"name\":\"Blackstone Hires Paul Morrissey to Lead European Investing for Blackstone Growth (BXG) - 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This newly created role will see Mr. Morrissey manage the European deployment for BXG, which recently completed the final close of its oversubscribed, inaugural $4.5 billion growth equity fund \u2013 the largest first-time growth equity private vehicle ever raised. BXG has already made significant investments in fast-growing European companies, including Epidemic Sound, which delivers restriction-free music to internet content creators across the globe, and oat milk pioneer, Oatly. 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