Early Life and Education
Michael S. Chae, born in 1967, is a distinguished figure in the financial world, known for his strategic acumen and leadership. He pursued his education at some of the world's most prestigious institutions, laying a strong foundation for his future career. He earned a Bachelor of Arts from Harvard College, a Master of Philosophy in International Relations from Cambridge University, and a Juris Doctor from Yale Law School.
Rise to Success at Blackstone
Chae's career is predominantly associated with Blackstone, where he has spent over two decades. He joined the firm in 1997 and rapidly ascended through the ranks. His roles have included Head of International Private Equity, Head of Private Equity for Asia Pacific, and a senior partner in the U.S. Private Equity business. In 2015, he was appointed as the Chief Financial Officer (CFO) of Blackstone, and in January 2025, he was named Vice Chairman. During his tenure, he has overseen numerous investments and served on the boards of multiple portfolio companies. Forbes listed Michael Chae as #2790 on its 2025 Billionaires list.
Key Business Strategies
As CFO and Vice Chairman, Chae plays a critical role in Blackstone's financial strategy and investment decisions. His expertise extends to overseeing the firm's finances and serving on investment committees across various business segments. He has been instrumental in expanding Blackstone's footprint in Asia and Europe, contributing to the firm's substantial growth and success.
Philanthropy
Beyond his financial endeavors, Chae is involved in philanthropic activities. He serves on the boards of the Harvard Management Company, the Robin Hood Foundation, and the Asia Society. Additionally, he founded the Michael S. and Alexa B. Chae Initiative in Private Sector Leadership at Yale Law School, demonstrating his commitment to education and leadership development.
