Sep 15, 2011

Blackstone Hosts Inaugural Tech Forum in Silicon Valley

Participants include CEOs of leading technology companies, CIOs from Blackstone portfolio companies and selected venture capital firms

Menlo Park, CA, September 15:  Today Blackstone is hosting its inaugural Technology Forum in Silicon Valley for Blackstone portfolio companies and clients.  The event is part of Blackstone’s continued efforts to support innovation in Silicon Valley, provide unique opportunities for our clients and drive performance at portfolio companies through technology investments.

In addition to Blackstone Operating Partners and Technology Advisory Group, the event features CEOs from more than twenty-five leading technology companies who are delivering keynote speeches and leading panel discussions on topics including Cloud Computing, Enterprise Mobility, Next Generation Enterprise Applications, and Desktop Virtualization.  CIOs from Blackstone portfolio companies will discuss best practices, technology trends, and strategies for successful technology investment.

Scott Weiss, General Partner at venture capital firm Andreessen Horowitz, will deliver a keynote address titled “Enterprise Software Massacre” and Dave Johnson, Senior Vice President of Corporate Strategy at Dell, will deliver a keynote address on Dell’s strategic transformation.

Ivan Brockman, a Senior Managing Director of Blackstone Advisory Partners, said: “Silicon Valley is the epicenter of global technology innovation.  Our advisory team works with executives from leading companies across the technology landscape, and we’re excited to see what ideas come from the collaboration between our advisory clients and CIOs across Blackstone’s portfolio."

Patrick Bourke, an Operating Partner in Blackstone’s Private Equity Group, said:  “This event highlights the approach we take to managing and supporting portfolio companies.  We leverage Blackstone’s proprietary resources, including our Operating Partners, CIO network, Advisory Group and client network, to create a unique opportunity for portfolio companies to collaborate on strategies to drive continued growth and efficiency.”

Blackstone’s Portfolio Operations Group is a specialized team providing portfolio companies with strategic advice, leadership support, operational support and joint purchasing and cross-selling programs. 

Blackstone’s Technology Advisory Group provides financial advisory services in mergers, acquisitions, private placements and other corporate transactions to leading technology companies. 

Contact:

Oriane Schwartzman
212-390-2250
Oriane.Schwartzman@blackstone.com

Christine Anderson
212-583-5182
Christine.Anderson@blackstone.com

About Blackstone

Blackstone (NYSE:BX) is one of the world’s leading investment and advisory firms. Blackstone seeks to create positive economic impact and long-term value for its investors, the companies they invest in, the companies they advise and the broader global economy. Blackstone does this through the commitment of their extraordinary people and flexible capital. Their alternative asset management businesses include the management of private equity funds, real estate funds, hedge fund solutions, credit-oriented funds and closed-end mutual funds. Blackstone also provides various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory and fund placement services. Further information is available at www.blackstone.com.  Follow us on Twitter @Blackstone.