{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets","title":"Blackstone's Farhad Karim - a \"relentless\" focus on serving private wealth","html":"","width":"100%","height":180,"duration":2338,"description":"Welcome back to the Alt Goes Mainstream podcast.\nToday’s podcast takes us to the heart of Mayfair in London, where Blackstone Private Wealth COO Farhad Karim shared the firm’s history and evolution in Europe. \nHe took a walk down memory lane to discuss the firm’s 25th anniversary in Europe as we walked through Berkeley Square from Blackstone’s current office to their new office at the other end of the square, highlighting how the firm has become the largest owner of commercial real estate in Europe and the importance of building a local presence in the region.\nFarhad took on the role of Chief Operating Officer of Blackstone Private Wealth in 2024 after a career at Blackstone that included serving as Chairman and Chief Operating Officer of Blackstone Europe and holding a senior leadership role in the firm’s Real Estate business.\nFarhad and I had a fascinating discussion about the evolution of Blackstone’s business in Europe and the firm’s Private Wealth business globally. We covered:\nWhy it’s important to “meet people where they are at.”\nWhat Farhad learned from his experience as chairman of Blackstone Europe.\nBuilding and expanding Blackstone’s Private Wealth business.\nHow Blackstone will continue to be a pioneer in private wealth.\nThe next phase of product innovation in the wealth channel.\nHow an international perspective has shaped Farhad's approach to building the Private Wealth business.\nHarmonizing the institutional and private wealth businesses when delivering solutions to LPs.\nThe human element of working with wealth.\nWhat it means to be “relentless.”\nPerspectives on evergreen funds.\nThe scale of opportunity, information, and access.\nThanks, Farhad, for sharing your wisdom, expertise, and passion about private markets and private wealth.\nShow Notes\n00:33 A Message from Our Sponsor, Ultimus Fund Solutions\n02:14 Farhad’s Blackstone Journey\n03:37 Speed and Certainty Culture\n04:07 Real Estate to Wealth Channel Parallels\n05:04 Building for Local Markets\n06:16...","thumbnail_url":"https://img.transistorcdn.com/AFAZ1vkAT92lFJtqt-r0HeFQ55KTdcbJHmgKXaMlAtY/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE5MDA4LzE2MTQ1/Mzk1MDUtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}