Blackstone (NYSE:BX) has hired Amisha Parekh to the firm as global head of ESG for private equity. Parekh will be a managing director sitting within the firm’s portfolio operations group to lead ESG diligence, policy development and strategy, and reporting for all businesses in its private equity reporting segment.
Joseph Baratta, global head of private equity, said, “Executing against our ESG efforts and creating positive impact across our portfolio is imperative to delivering value to our clients. Amisha will be a critical partner in these efforts and I’m thrilled to welcome her to the firm as we continue to build and operationalize an industry-leading ESG platform at scale.”
Jennifer Morgan, global head of portfolio operations, said, “I’m thrilled to welcome such strong talent to help us scale our efforts while bringing all of Blackstone’s resources to bear. I look forward to working with Amisha to help make our companies stronger and more sustainable for the long term.”
Parekh said, “I look forward to deploying Blackstone’s scale and expertise to help drive value for our investors by creating impact across our Private Equity portfolios. I’m impressed by Blackstone’s commitment to ESG integration across the firm and look forward to contributing to the growth of their ESG efforts.”
Parekh joins from Bloomberg, where she most recently led ESG data acquisition and curation efforts and helped launch Bloomberg’s sustainable finance product offering as head of sustainable finance product incubation.