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Retired as managing director of the Blackstone Group's Relative Value Fund, Steven Saslow is a graduate of the economics program at Rutgers College, where he authored a senior honors thesis on monetary transmission leads and lags. He accepted his first professional position as a market maker in 1978. Promoted to partner and head of a subsidiary trading business after only three years, Steven Saslow continued with the company through multiple mergers in the early to mid-1980s.
When HSBC completed its acquisition of his company in 1986, Steven Saslow accepted a promotion to executive managing director and manager of global fixed income trading. Also named to the executive committee of the firm's securities company, he joined a working group to integrate all capital markets activities of the bank following a relocation of the firm's holding company to London in 1990. Afterworking with a team to secure a Section 20 licence for the firm in 1995, he transitioned to management of a successful global trading team.
Steven Saslow joined the Blackstone Group in 2002 as creator and chief investment officer (CIO) of a new macro and relative value hedge fund. Named as managing director in the firm's alternative asset management solution group in 2005, he served in this role until retirement. He remains involved with the firm as a consultant and mentor to junior analysts and executives.