Mr. Alderson Smith is an Executive Advisor to Blackstone. Prior to taking up his current role at Blackstone, Mr. Alderson Smith was Chief Operating Officer at Blackstone Insurance Solutions as well as Head of Corporate Development working on firm wide strategy and evaluation of new business initiatives.
Mr. Alderson Smith was formerly the Managing Partner of Blackstone’s M&A advisory business and a Senior Managing Director in the Financial Institutions Group. In that capacity, he worked on a wide array of insurance and asset management projects, including representing the State Regulators of New York, New Jersey, Iowa, Maryland and Washington on the proposed demutualization and conversion of John Hancock, MetLife, Prudential, Principal, Carefirst and Premera Blue Cross. He also was retained by the Commonwealth of Pennsylvania Insurance Department to review a number of corporate transactions including the affiliation of Highmark with West Penn Allegheny Health System, and Highmark’s acquisition of Blue Cross of Northeastern Pennsylvania. In addition, he has advised clients including Aviva, State Street, AIG and Ullico on a spectrum of acquisitions, divestitures and partnership transactions. Earlier in his career, Mr. Alderson Smith worked for First Boston in London and New York for eight years before joining Blackstone in 1991. Mr. Alderson Smith holds an MA from Oxford University and an MBA from Harvard Business School.