Sep 23 2024 46 mins
In the latest episode of The Astute Investor, Todd Hoare, Head of Public Markets at LGT Crestone, sits down with John Stecher, Chief Technology Officer at Blackstone - the world’s largest alternative asset manager, which oversees more than $1 trillion in assets. John provides valuable insights into how Blackstone leverages its size and scale to access proprietary private markets data, which gives it a competitive edge in identifying unique investment opportunities. He also discusses the firm’s growing focus on real estate, particularly data centres and industrial warehouses, a theme which has proven newsworthy in recent weeks following Blackstone’s $23.5 billion acquisition of Australian company AirTrunk.
A key theme of the discussion is Blackstone's use of artificial intelligence to enhance its investment strategies, allowing it to uncover more opportunities across markets. John also emphasises the critical importance of cybersecurity and how Blackstone supports its portfolio companies in managing tech-related risks in an increasingly data-driven world. This episode offers a deep dive into Blackstone's cutting-edge approach to investing, technology, and the future of alternative assets, providing valuable insights for high-net-worth investors who are seeking to navigate these evolving trends.