Ares’ new DE&I head; today’s CFO & COO networking event

Ares hires new global chief DE&I officer; Blackstone fundraising volume takes a hit in 2020; CFO All Access event today.

DE&I: Ares Management announced it has hired a new global chief diversity, equity and inclusion officer. Connor Hussey has the details.

Earnings: Blackstone’s fundraising volume dropped by almost a third in 2020 from 2019, reports Carmela Mendoza. President and COO John Gray also noted on the firm’s earnings call that Blackstone “isn’t anywhere near the end for secondaries, in terms of growth.”

CFO All Access: Private Equity International launches its year-round networking program for CFOs and COOs today. The event kicks off with EY’s presentation of results from its annual global CFO and COO benchmarking survey.

Email prepared by Graham Bippart