The Blackstone Group, Inc.

JCM seeks to add value versus benchmarks by actively pursuing alpha generation through their own intensive fundamental research for their fundamental investment strategies. They look for companies possessing the firm’s key investment criteria through proprietary research that emphasizes contact with a company’s management team, competitors, suppliers and consumers, as well as in-depth and ongoing financial modeling. Holdings are generally selected one at a time with all other factors (industry, sector, country and cash allocations) being a residual of the investment process. JCM favors businesses that their research reveals have sustainable, above-average earnings growth potential and outstanding free cash flow generation, recurring revenue, profit margins and return on invested capital for their equity strategies. To build a mosaic of information in an effort to identify macro trends and inform allocations across fixed income sectors, the firm uses fundamental credit research.

BIM uses fundamental and quantitative research that underpins their security selection process. Sector and country allocations are driven primarily by stock selection and secondarily by an assessment of top-down, fundamental prospects. The firm may employ various investment strategies to seek to achieve a client’s investment objective. BIM may invest in U.S. and non-U.S. companies (representing large, medium, and small market capitalizations), fixed-income securities and inflation-protected securities such as Treasury Inflation Protected Securities, commodity-linked instruments, convertible securities, structured notes, private placements, real estate investment trusts, municipal securities, and exchange-traded funds.

RBC GAM-UK employs fundamental analysis and quantitative analysis. Individual portfolio managers may emphasize one method of security analysis over another in providing investment management services to discretionary clients and recommendations to nondiscretionary clients. The firm’s investment teams are responsible for researching investment opportunities, and implementing their findings and views on specific issuers in the management of clients’ portfolios. RBC GAM-UK employs various investment strategies through our investment mandates that are based on the objectives and strategies of the clients involved. Client portfolios with similar investment mandates, strategies and guidelines are generally managed similarly. Their investment management teams continuously research available investment opportunities using fundamental and quantitative methods, including environmental, social and governance (ESG) factors. The portfolio managers consider the investment opportunities available and make an active investment decision focusing on each client account’s needs, as reflected in each account’s governing documents.

Senior Managing Director at Blackstone Advisory Partners LP

Executive Chairman at VBHC Value Homes Pvt Ltd.