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Blackstone appoints Jon Korngold as senior managing director

Blackstone Group LP named Jon Korngold senior managing director.

He most recently worked at General Atlantic Service Co. LP as a member of the management committee, chairman of the portfolio committee and global head of financial services and healthcare sectors.

At Blackstone, Korngold will also run the firm's growth equity investing platform, which will finance companies in between venture capital investments and traditional buyouts.