Blackstone Appoints Dan Heintzelman as Senior Advisor

Blackstone (NYSE:BX) today announced the appointment of Daniel C. Heintzelman as a Senior Advisor to the firm, providing strategic and operational counsel on the aerospace and industrials sectors. Mr. Heintzelman will also serve as the Chairman of Blackstone private equity portfolio company, MB Aerospace, a leading Tier I engine component manufacturer and repair business.

With over 35 years of industry experience, Mr. Heintzelman joins Blackstone from General Electric (“GE”) where he served as Vice Chairman and was responsible for services and operations. In his most recent role, Mr. Heintzelman worked across GE’s industrial businesses to strengthen the company’s services, advanced manufacturing, and product development capabilities. Prior to his role as Vice Chairman, Heintzelman served as President & CEO of GE Oil & Gas and a GE Senior Vice President, and previously led GE Energy Services and GE Aircraft Engines Services.

“Dan brings with him a powerful knowledge base and network of relationships in aerospace and a number of other industrial businesses, cultivated over his nearly 40 year career in the space,” said Joe Baratta, Blackstone’s Global Head of Private Equity. “Dan's experience will be invaluable as we continue to see expanding opportunities in these sectors, and we are thrilled to welcome him to the team.”

“I’m pleased to be joining the impressive team at Blackstone,” added Dan Heintzelman. “I look forward to working closely with Blackstone to both explore investment opportunities and provide strategic and operational support to existing portfolio companies.”

Heintzelman earned a B.S. in Industrial Distribution from Clarkson University and currently serves as a Trustee of Clarkson University. Heintzelman is a member of LORD Corporation's Board of Directors.

About Blackstone

Blackstone has been a global leader in private equity since 1985, with $95 billion of assets under management. We uncover value by identifying great companies and enhancing their performance by providing strategic capital and outstanding management talent. We aim to grow stronger enterprises, create jobs, and enable our portfolio companies to build lasting value for our investors, their employees and all stakeholders.

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 asset management businesses, with over $340 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, 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.

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