Blackstone has nearly doubled its London workforce during the pandemic, according to its chief operating officer, as it eyes the capital as the jewel of Europe.
Betting on Europe to keep pumping out sparkly investment opportunities, the now 500-strong team has been built by wooing dealmakers from investment banking rivals.
Blackstone doubled down on its support for its European logistics company Mileway with a €21bn (£17.6bn) reinvestment just weeks ago.
Across the continent, Blackstone oversaw takeovers valued at $22bn, making it the second biggest private equity spender in Europe behind EQT AB, according to data compiled by Bloomberg.
Read more: City A.M.
