(Bloomberg) -- Blackstone Group Inc. named Snowflake Inc. Chief Executive Officer Frank Slootman as a senior adviser.
Slootman, who’s retaining his post at the software maker, will assist Blackstone’s portfolio companies, with a particular focus on its platform for investing in fast-growing firms, the asset manager said Wednesday in an emailed statement.
“Given this period of high growth and innovation, Blackstone is well positioned to help entrepreneurs realize their potential and execute on their visions,” Slootman said in the statement.
Slootman led Snowflake’s initial public offering in September, the largest for a software maker at the time. He has more than 25 years of experience in the enterprise software industry, including as CEO of cloud-computing firm ServiceNow Inc.
See also: Snowflake Soars Into Tech Big Leagues With $70 Billion Value
Blackstone, the world’s largest alternative asset manager, is seeking to bolster its investments in emerging companies poised to benefit from changing consumer behaviors. Its growth-focused platform, which debuted in 2019, has almost 30 employees in New York, San Francisco and London. Recent investments include dating app Bumble and Oatly AB, the Swedish maker of vegan food and drinks.
Últimas Noticias
Debanhi Escobar: they secured the motel where she was found lifeless in a cistern
Members of the Specialized Prosecutor's Office in Nuevo León secured the Nueva Castilla Motel as part of the investigations into the case
The oldest person in the world died at the age of 119
Kane Tanaka lived in Japan. She was born six months earlier than George Orwell, the same year that the Wright brothers first flew, and Marie Curie became the first woman to win a Nobel Prize
Macabre find in CDMX: they left a body bagged and tied in a taxi
The body was left in the back seats of the car. It was covered with black bags and tied with industrial tape
The eagles of America will face Manchester City in a duel of legends. Here are the details
The top Mexican football champion will play a match with Pep Guardiola's squad in the Lone Star Cup
Why is it good to bring dogs out to know the world when they are puppies
A so-called protection against the spread of diseases threatens the integral development of dogs
