J. Tomilson Hill

James ("Tom") Tomilson Hill III is the Vice Chairman of the Blackstone Group, and President and CEO of Blackstone Alternative Asset Management (BAAM), the firm’s Hedge Funds Solutions business. He sits on the firm’s Management and Executive Committees, and is also a member of the Board of Directors of Blackstone.[1][2][3][4][5]

Early life and education

Hill was born in New York, New York and attended The Buckley School and Milton Academy, where he was a varsity wrestler. Hill received his B.A., cum laude, from Harvard College, where he wrote for The Harvard Lampoon and studied history, literature, and Japanese studies. He received his M.B.A. from Harvard Business School.

Career

Hill started his career at First Boston in 1973, where he was one of the founding principals of its mergers and acquisitions department, and then moved to Smith Barney, where he served as the head of its mergers and acquisitions department. In 1982, he joined Lehman Brothers as a partner in its M&A department and later became head of M&A, head of Investment Banking and co-CEO.

In 1993 Hill joined Blackstone, where he served as Co-Head of the corporate mergers and acquisitions advisory group. In 2007, he became Vice Chairman of the firm. Since 2000, he has served as President and Chief Executive of Blackstone’s Hedge Fund Solutions business, Blackstone Alternative Asset Management (BAAM), and has grown that business’s assets under management from $1.3 billion in 2000 to $56 billion as of December 31, 2013.

BAAM is currently the world’s largest discretionary allocator to hedge funds, with investors including mostly corporate and public pension funds, sovereign wealth funds and central banks. The business’s growth from 2007-2013, at a time when the industry generally contracted substantially, was featured in a June 2013 Harvard Business Review case study. Hill has appeared at the 2014 Credit Suisse Financial Services Forum, the 2011 Milken Institute Global Conference, and the 2012 Bloomberg Hedge Fund Summit, among others. In 2014, Hill was inducted into Institutional Investor's Alpha's "Hedge Fund Hall of Fame." [6]

Philanthropy

Hill is the Chairman of Lincoln Center Theater and has served as Chairman of the Smithsonian’s Hirshhorn Museum and Sculpture Garden. He serves on the Board of Directors of the Metropolitan Museum of Art, the Council on Foreign Relations, the Telluride Foundation, the Advantage Testing Foundation, and Our Lady Queen of Angels School, a Catholic school in East Harlem that is part of the Partnership for Inner-City Education school network.

In 2014, the Frick Collection presented “Renaissance and Baroque Bronzes from the Hill Collection,” a group of thirty-three statuettes from Hill’s personal collection that date from the mid-fifteenth to the eighteenth centuries.

Personal life

Hill lives in Manhattan with his wife, Saint Louis native Janine W. Hill, who serves as director of fellowship affairs and studies strategic planning at the Council on Foreign Relations.[7] They have two daughters: Margot Langdon Hill Kirby[8] and Astrid Hill Dattilo.[9]

Additional Reading

Additional Links

References

  1. ↑ CNN
  2. ↑ Council on Foreign Relations biography
  3. ↑ Forbes biography
  4. ↑ Blackstone biography
  5. ↑ Advantage Testing Foundation Board of Trustees
  6. ↑ http://www.marketwired.com/press-release/institutional-investors-alpha-hedge-fund-hall-of-fame-inducts-four-new-members-1943597.htm
  7. ↑ Council on Foreign Relations: "Janine Hill" retrieved October 23, 2014
  8. ↑ New York Times: "Margot Hill, Colin Kirby" August 18, 2013
  9. ↑ New York Times: "Astrid Hill and Ryan Dattilo" April 14, 2013
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