Blackstone Announces Len Laufer, a Leader in Data Science and Technology Across the Financial Services Industry, as Senior Advisor
27 April 2022 - 3:50AM
Business Wire
Blackstone (NYSE: BX) today announced the appointment of Len
Laufer, a pioneer in data science and long-time executive across
the financial services industry, as a senior advisor. He will
advise across Blackstone’s businesses, with a focus on Blackstone
Growth (BXG), the firm’s growth equity investing platform.
Mr. Laufer brings a rare combination of experience as both a
successful entrepreneur and Fortune 100 leader across industries.
In 1997, he founded Argus Information and Advisory Services and
grew the company over the next 15 years into a leading provider of
information and analytical solutions to the payments industry.
After selling the business in 2012, Mr. Laufer went on to lead
JPMorgan Chase’s machine learning and data science efforts as Head
of Intelligent Solutions. Most recently, he served as CEO of
Cerberus Technology Solutions, the operating subsidiary of Cerberus
Capital Management, which focused on the use of technology, data
and artificial intelligence in investment activities and at the
firm’s portfolio companies. Mr. Laufer also served as Co-Chairman
of the Board for Alberstons Companies, one of the largest food and
drug retailers in North America, until 2021.
Vini Letteri, Senior Managing Director and Head of Financial
Services for Blackstone Growth, said: “Len’s breadth of experience
and first-hand understanding of the challenges of scaling a
business will be invaluable to our portfolio companies and their
founders. All companies, regardless of their industry, are looking
to better use technology to improve their business and protect
against disruption. Len’s knowledge will be a real benefit as they
face these challenges.”
Len Laufer added: “I applaud Blackstone’s emphasis on the
importance of data and technology as both an investing theme and as
an operational imperative for the companies across its portfolio. I
look forward to working with the BXG team and others across the
firm in these efforts.”
Mr. Laufer graduated cum laude with honors from Harvard College
with an AB in Social Studies, and earned an MBA from the Wharton
Business School at the University of Pennsylvania.
About Blackstone Blackstone is the world’s largest
alternative asset manager. We seek to create positive economic
impact and long term value for our investors, the companies we
invest in, and the communities in which we work. We do this by
using extraordinary people and flexible capital to help companies
solve problems. Our $915 billion in assets under management include
investment vehicles focused on private equity, real estate, public
debt and equity, infrastructure, life sciences, growth equity,
opportunistic, non-investment grade credit, real assets and
secondary funds, all on a global basis. Further information is
available at www.blackstone.com. Follow @blackstone on LinkedIn,
Twitter, and Instagram.
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Tom Clements (646) 482-6088 Thomas.Clements@blackstone.com
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