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Alternative Assets  + Private Equity  | 
Blackstone Establishes San Francisco Corporate Private Equity Office

Blackstone Establishes San Francisco Corporate Private Equity Office

Sachin Bavishi, senior managing director at Blackstone, will relocate to San Francisco to establish a new team to bolster its technology investment efforts.

Bavishi has been a member of Blackstone’s Private Equity team since 2013, focusing on investment opportunities in Technology, Media & Telecom (TMT). He has played a key role in executing many of the firm’s TMT investments, including Ancestry, Bumble, Liftoff/Vungle, Refinitiv, SESAC and Simpli.fi.

Bavishi will lead investments for Blackstone Private Equity out of the West Coast and Senior Managing Director Eli Nagler will lead that business’ technology investments out of the East Coast in partnership Senior Managing Director David Schwartz.

Blackstone currently has more than 70 employees based in San Francisco across its business units, including through its Growth, Tactical Opportunities, Credit, Strategic Partners, Life Sciences and BAAM investing platforms.

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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