NEW: Jon Korngold is driving Blackstone's growth-investing push. We asked insiders why he was a must-have hire.

Jon Korngold has been busy building out a division within Blackstone dedicated to investing in fast-growing companies.

Jon Korngold is the face of Blackstone's big push into backing fast-growing companies like Bumble. We talked to a dozen insiders to learn what made him a must-have hire. Jon Korngold has been busy building out a division within Blackstone dedicated to investing in fast-growing companies. Business Insider spoke with more than a dozen people who know Korngold to learn more about the 45-year-old investor behind Blackstone Growth, or "BXG" for short. Fresh off purchasing a $3 billion controlling stake in the owner of dating app Bumble, Korngold, who joined Blackstone in January, says he'd like to do four to five deals a year, writing checks between $200 million and $500 million. Read more on BI Prime → Email sent to: ipat39@gmail.com   |   Unsubscribe Terms of Service   |   Privacy Policy © 2019 Insider Inc. 1 Liberty Plaza, New York, NY 10006