NEW YORK Blackstone Group has hired Stephen W. Sullens as a vice president in its alternative asset management group, which manages $2 billion of hedge funds.
His duties include helping to identify hedge fund managers for the firms nontraditional group-managed funds and to aid in portfolio construction and risk management.
Mr. Sullens began at Blackstone Group last Monday. He was previously a director at Citi Alternative Investment Strategies, Citigroup Inc.s hedge fund investment center, where he managed $650 million of assets.