Blackstone Announces Appointment of Financial Services and Technology Executive Stuart Harvey as Senior Advisor
New York – May 7, 2021 – Blackstone (NYSE:BX) today announced the appointment of Stuart C. Harvey, Jr., a seasoned financial services and technology executive, as Senior Advisor. Mr. Harvey will advise across Blackstone’s business and portfolio companies, with a particular focus on Blackstone Growth (BXG), Private Equity and Tactical Opportunities.
Vini Letteri, a Senior Managing Director at Blackstone Growth (BXG), said: “We are excited to welcome Stuart as a Senior Advisor. Stuart has a keen ability to identify opportunities for value creation and a proven track record in the financial services and technology industries. His deep expertise will be a tremendous asset to our investment professionals and portfolio companies.”
Stuart C. Harvey, Jr. added: “I am thrilled to work with Blackstone in this advisory role. I’ve seen firsthand their ability to serve as a world-class partner to fast-growing businesses with innovative technology platforms. I’m excited to continue partnering with them moving forward to help deliver value for Blackstone’s portfolio companies and investors.”
Between 2018 and 2021, Mr. Harvey served as the Chairman of Paysafe Group, a multinational payments company and Blackstone private equity portfolio company, which recently went public via a successful special purpose acquisition company merger.
Martin Brand, Head of North America Private Equity at Blackstone, said: “Stuart has been an exceptional partner in helping Paysafe continue to expand globally and establish itself as a leader in the payments technology industry. We’re excited to continue working together with him in the years ahead.”
Prior to Paysafe, Mr. Harvey was the president and Chief Operating Officer of Piper Jaffray Companies. In this role, he led the operations of the firm’s global investment banking, equities, public finance, fixed income and asset management businesses. In 2010, Mr. Harvey was named the chairman, CEO and president of Ceridian Corporation, a provider of human capital management software and services. Following that, in 2013, he was named the chairman and CEO of Comdata, Inc., which manages fleet and corporate card payments and services. From 2003 to 2010, Mr. Harvey was with Elavon Global Acquiring Solutions, Inc., a subsidiary of U.S. Bancorp, and was named president in 2005 and CEO in 2008, where he had global responsibility for the business, including leading its international expansion efforts.
Mr. Harvey holds a bachelor’s degree from Saint John’s University, a Juris Doctorate from The George Washington University Law School and a Master of Business Administration degree from the Kellogg School of Management at Northwestern University.
Blackstone is one of the world’s leading investment firms. 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 $649 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, 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 Twitter @Blackstone.