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Bennett Goodman to Join Blackstone’s Board of Directors

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Blackstone (NYSE:BX) today announced that Bennett Goodman has joined its board of directors. Bennett is a co-founder of GSO Capital Partners, Blackstone’s credit investment platform, which currently manages over $70 billion in various direct lending strategies, leveraged loan vehicles and distressed investment funds. He joined Blackstone in 2008 when it acquired GSO and currently sits on the firm’s Management Committee.

Commenting on the appointment, Stephen A. Schwarzman, Blackstone’s Chairman, CEO and Co-Founder, said, “Bennett heads one of our largest and best performing businesses. His deep knowledge of markets and critical thinking about companies, institutions and economies has been invaluable to the Management Committee as the firm has expanded into new geographies and businesses and set a strategic direction. I look forward to his insights as he serves on the board.”

Mr. Goodman graduated from Lafayette College and the Harvard Business School. He currently sits on the board of Lincoln Center and the Central Park Conservancy. He received Institutional Investor’s 2012 Money Manager of The Year Award and the 2004 Lifetime Achievement Award from Euromoney Magazine for his career achievements in the global capital markets.

About Blackstone

Blackstone is one of the world’s 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 asset management businesses, with almost $300 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, non-investment grade credit, real assets and secondary funds, all on a global basis. Blackstone also provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory and fund placement services. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.

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