Martin Alderson Smith is a Senior Managing Director and Head of the Corporate Development Group. Mr. Alderson Smith focuses on group strategy and evaluation of new business initiatives. Before taking up his current role, Mr. Alderson Smith was the Managing Partner of Blackstone’s M&A advisory business and a Senior Managing Director in the Financial Institutions Group. In that capacity, he worked on a wide array of insurance and asset management projects, including representing the State Regulators of New York, New Jersey, Iowa, Maryland and Washington on the proposed demutualization and conversion of John Hancock, MetLife, Prudential, Principal, Carefirst and Premera Blue Cross. He also was retained by the Commonwealth of Pennsylvania Insurance Department to review a number of corporate transactions including the affiliation of Highmark with West Penn Allegheny Health System, and Highmark’s acquisition of Blue Cross of Northeastern Pennsylvania. In addition, he has advised clients including Aviva, State Street, AIG and Ullico on a spectrum of acquisitions, divestitures and partnership transactions. He is a Blackstone designated Director of Patria Investimentos S.A., as well as a Blackstone designated Director of Harrington Reinsurance Holdings Ltd.
Before joining Blackstone in 1991, Mr. Alderson Smith was with First Boston in London and New York for eight years.
Mr. Alderson Smith holds an MA from Oxford University and an MBA from Harvard Business School.