Investment Management Operations John Fitzpatrick, Sr. Managing Director & CTO AAMT – Blackstone (EP.51)
May 13, 2025
John Fitzpatrick is the Senior Managing Director and Chief Technology Officer at Blackstone, specializing in alternative asset management technology. He discusses the evolving landscape of data acquisition and automation, emphasizing strategic integration to enhance investment decisions. Key topics include the challenges of technology adoption, zero-based budgeting for impactful projects, and fostering a culture of innovation. Fitzpatrick also addresses the future threats posed by quantum computing on cybersecurity, urging proactive adaptations in security protocols.
AI Snips
Chapters
Transcript
Episode notes
From Capital IQ To Blackstone Data Thesis
- John described moving from Capital IQ to Blackstone to apply proprietary data to investment decisions.
- He said investing is pattern recognition that starts with quality data shaping Blackstone's competitive edge.
Buy And Integrate, Build Sparingly
- Blackstone prefers buying software then heavily customizing and integrating it into their ecosystem.
- They build only when the market lacks a solution or it creates a genuine competitive advantage.
AI: Short-Term Hype, Long-Term Platform
- AI will likely underwhelm in the next two years but overdeliver across the next decade as a platform shift.
- LLMs will become an application layer and agentic workflows will evolve, though current hype outpaces capability.