Michael S. Chae is the Chief Financial Officer of Blackstone. He is a member of the firm’s Management Committee and investment committees across most of the firm’s businesses. Since joining Blackstone in 1997, Mr. Chae has served in a broad range of leadership roles including Head of International Private Equity, Head of Private Equity for Asia Pacific, and as a senior partner in the U.S. Private Equity business, where he led numerous Blackstone investments and served on the boards of many private and publicly traded portfolio companies. Before joining Blackstone, Mr. Chae previously worked at The Carlyle Group and Dillon, Read & Co. Mr. Chae received an AB from Harvard College, an MPhil. in International Relations from Cambridge University and a JD from Yale Law School. He has been active in the non-profit world with a focus on education and policy. Mr. Chae served as the President of the Board of Trustees of the Lawrenceville School, and remains a Trustee Emeritus and co-chair of its capital campaign. He serves on the boards of the Robin Hood Foundation, the St. Bernard’s School, the Asia Society, and the Harvard Management Company. He is a member of the Council on Foreign Relations, and recently founded the Chae Initiative in Private Sector Leadership at Yale Law School.
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Centers and Practice Areas
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Asia Center
Extends the reach and impact of the Milken Institute to the Asia-Pacific region
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Center for Financial Markets
Conducts research and constructs programs designed to facilitate smooth and efficient operation of financial markets
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Center for the Future of Aging
Advances healthy longevity and financial security for all through high-impact policies, research, convenings, and multisector partnerships.
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Center for Public Health
Develops research, programs, and initiatives designed to envision and activate sustainable solutions leading to better health for individuals and communities worldwide.
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Center for Regional Economics and California Center
Analyzes the dynamics that drive job creation and promote industry expansion
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Center for Strategic Philanthropy
Empowers philanthropists to effectively address some of the world's most urgent problems
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FasterCures
Clears roadblocks that prevent medical breakthroughs from reaching patients sooner
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Financial Innovations Labs
Addressing society's greatest challenges through a financial lens
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Global Market Development
Working with government partners in emerging and developing economies to build strong, domestic financial markets.
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Milken Center for Advancing the American Dream
Anyone with a dream should have the opportunity to make it come true—through determination and an economic system that works for all
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Research Department
Addressing global policy issues on Health Economics, International Finance, and Regional Economics
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