Masters in Business

Joan Solotar on Private Equity Funds (Podcast)

Aug 27, 2021
Joan Solotar, Global Head of Private Wealth Solutions at Blackstone, shares her wealth of knowledge in the private equity sector. She discusses the shift in investment strategies post-financial crisis, emphasizing personalized service for diverse clients. Solotar delves into alternatives to traditional equities, the rise of private credit, and the importance of ESG impact investing. She also shares insights on defining work-life boundaries and the empowerment of women in finance, blending career advice with engaging personal anecdotes.
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ANECDOTE

Joan Solotar's Research Background

  • Joan Solotar covered financial services, specifically non-bank entities, at Credit Suisse and DLJ.
  • Her coverage began with insurance and transitioned to the brokerage and asset management industries.
ANECDOTE

Joining Blackstone

  • Tony James, President of Blackstone, invited Joan Solotar to join the firm two weeks before its IPO.
  • Initially, she ran shareholder relations and strategy.
INSIGHT

Blackstone's Private Wealth Strategy

  • Blackstone strategically expanded into private wealth management after the 2008 financial crisis.
  • This move aimed to diversify their investor base and cater to increasing demand from high-net-worth individuals.
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