Global investment firm Blackstone has roped in Amisha Parekh 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 our Private Equity reporting segment.
Parekh’s hire represents Blackstone’s continued commitment to value creation through deepening ESG integration across the investment lifecycle and placing ESG at the core of its operational intervention and asset management strategy, the statement said.
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.”
Amisha Parekh, Global Head of ESG for Private Equity, 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 was instrumental in launching Bloomberg’s sustainable finance product offering as Head of Sustainable Finance Product Incubation. Prior to Bloomberg, Parekh was a Senior Manager at Deloitte where she worked on corporate strategy projects and helped manufacturing, consumer goods, and retail clients develop sustainability strategies and improve operational performance. She is the co-author of High Performance Hospitality: Sustainable Hotel Case Studies and is an Adjunct Professor of Business Strategy for Sustainability at Glasgow Caledonian New York College.
She earned her MBA from the Ross School of Business, University of Michigan, an MS in Environmental Policy and Behavior (also from the University of Michigan), and a BS in Computer Science from SUNY Binghamton.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.