Blackstone targets Germany

Blackstone Group is opening its first continental European office in Hamburg, Germany. Hanns Ostmeier has joined the firm as managing director and will serve as senior adviser and head of the Hamburg office. Blackstone is headquartered in New York and also has an office in London.

Prior to joining Blackstone Ostmeier worked for seven years in the European private equity group BC Partners and prior to that was at Boston Consulting as manager of the Düsseldorf office.