Blackstone Multi-Asset Investing (BXMA) Hires Monica Issar as Senior Managing Director

July 14, 2025 at 16:05 PM EDT

Blackstone (NYSE: BX) today announced that Monica Issar will join Blackstone Multi-Asset Investing (“BXMA”) as a Senior Managing Director based in New York where she will be the Head of Total Portfolio Management (“TPM”). Monica will join the TPM leadership team partnering closely with Co-Chief Investment Officers, Joe Dowling and David Ben-Ur. She will report directly to Joe Dowling, Global Head of Blackstone Multi-Asset Investing.

"Monica is a proven leader with a remarkable track record of driving innovation in investment solutions and scaling multi-asset platforms," says Joe Dowling. "Her expertise will be pivotal in advancing BXMA's portfolio management capabilities and delivering value to our clients worldwide. We are thrilled to welcome her to the team."

Monica brings over 25 years of experience in multi-asset investing, portfolio solutions, and leadership within the financial services industry, including building and scaling investment platforms for institutional and private clients globally.

Monica joins Blackstone from J.P. Morgan Global Private Bank, where she served as the Global Head of Multi-Asset & Portfolio Solutions. In this role, she managed a $55 billion Outsourced Chief Investment Office and a team of over 300 professionals managing $600 billion in single- and multi-asset portfolios.

Monica Issar adds: “I am honored to join Blackstone, a firm renowned for its scale, innovation, and client-first approach. I look forward to working with Joe and the BXMA team to deliver cutting-edge portfolio solutions and drive meaningful outcomes for our clients across asset classes.”

BXMA’s Total Portfolio Management platform manages large-scale total portfolios across asset classes in both public and private markets. The TPM platform is a natural extension of BXMA’s business as clients increasingly look for strategic investment partners who can deliver tailored solutions across a wide variety of opportunities. TPM leverages Blackstone’s strength and position as the world’s largest alternative asset manager.

About Blackstone Multi-Asset Investing

Blackstone Multi-Asset Investing (BXMA) manages $88 billion across a diversified set of businesses. We strive to generate attractive risk-adjusted returns for our clients across market cycles. Our strategies include Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets.