10:01 AM EDT, 10/15/2025 (MT Newswires) -- Blackstone (BX) said Wednesday it launched a business unit focused on expanding access to private markets for retirement savers via defined contribution plans.

The Defined Contribution unit will be housed within Blackstone's private wealth business, the asset management firm said.

Blackstone said Heather von Zuben will lead the unit as global head of retirement solutions while Tom Nides will serve as the unit's chairman and Paul Quinlan will lead US operations.

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