US asset management giant Blackstone has announced that Tony James, president and COO, will be handing over day-to-day management of the firm to Jon Gray, currently global head of real estate.
US asset management giant Blackstone has announced that Tony James, president and COO, will be handing over day-to-day management of the firm to Jon Gray, currently global head of real estate.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.