As a Senior Managing Director at the Blackstone Group, the largest alternative asset investment firm in the world, Bill Mulrow raises capital for the firm’s private investment funds. While retaining his position at Blackstone Group, he agreed to put his skills and experience to work on behalf the people of New York. His acceptance of the Governor’s appointment as Chairman of the Housing Finance Agency and the State of New York Mortgage Agency puts one of the nation’s leading public-finance and investment-banking experts to work solving housing finance issues on behalf of the people of New York.
The importance of making affordable housing available to residents is one of the keys to the growth of business in New York. For that reason, Governor Cuomo selected Mulrow as Chairman of the state’s Housing Finance Agency (HFA) and the State of New York Mortgage Agency (SONYMA). SONYMA is responsible for the development of low-interest financing options for homebuyers. HFA meets the challenge of making affordable homes available in communities throughout the state through grants to organizations for the construction, rehabilitation or preservation of housing. He brings a wealth of experience and expertise to these positions through his 30-year career in finance and investment banking.
Bill Mulrow balances a highly successful full-time career as Senior Managing Director at the Blackstone Group along with his commitments as Chairman of the New York Housing Finance Agency, along with being the Chairman of Sterling Suffolk Racecourse. Opened in 1935, Suffolk Downs Racecourse remains the only thoroughbred racetrack in New England. As Chairman of the Board of Sterling Suffolk Racecourse LLC, he oversees the development and implementation of long-term planning and strategy to ensure the continued growth and success of this historic racetrack.
He does manage to find some time in his hectic schedule to spend time with his family and to enjoy leisure activities away from the frenetic pace of his private- and public-sector obligations. Besides traveling to such destinations as Paris, Vienna and Rome, Mulrow finds time to cheer for the New York Yankees, Giants, Knicks and teams at Yale University.
Most investment professionals are familiar with Bill Mulrow as a Senior Managing Director for the Blackstone Group. He also serves as the Chairman of the State of New York Mortgage Agency, the New York State Housing Finance Agency and the Affordable
Housing Corporation, putting his expertise to work to help New Yorkers achieve their homeownership dreams. Mulrow’s commitment to public sector finance is no surprise to those who know him. He began his career with a master’s degree in public administration from Harvard University and a position with the New York State Division of the Budget. His commitment to public service continues today and sets him apart from many of his peers in the investment banking and financial services world.
During the course of an average week, Bill Mulrow might be found in his offices at the Blackstone Group, overseeing the activities at the New York State Housing Finance Agency or chairing a board meeting for the Sterling Suffolk Racecourse. When he’s not hard at work attending to one of his numerous professional commitments, he enjoys reading, traveling and spending time with his family. A Yale University alumnus, he takes pride in the sports victories of his alma mater and is a diehard Knicks, Giants and New York Yankees fan.
William Mulrow has spent the better part of his 30-year career working in various financial firms and serving on the boards of a vast array of corporate and governmental agencies. Before becoming a Senior Managing Director at Blackstone, a position he has held since 2011, he fulfilled executive positions for Paladin Capital Group and Citigroup. Prior to that, he acted as a Managing Director of corporate finance for Rothschild Inc. and as the head of new product development for Gabelli Asset Management. Currently, Mulrow resides as the Chairman of two agencies within the New York State Homes and Community Renewal.
As a Senior Managing Director at the Blackstone Group, Bill Mulrow puts his experience and talents to work for this world leader in alternative asset management and investment.
His duties range from working with public sector agencies and labor as well as raising capital for the firm’s private investment portfolios. He has more than 30 years of experience working in public and private sector positions and has developed an in-depth understanding of the various factors at play in both arenas.
In March 2012, William Mulrow was unanimously voted in by the New York State Senate to become the Chairman of the State of New York Mortgage Agency and the New York State Housing Finance Agency (HFA). Appointed by Governor Cuomo, Mulrow was chosen for his vast experience working in the public and private sectors and his keen ability to invest state dollars wisely. Both agencies are included within the New York State Homes and Community Renewal. He takes great pride in serving the people of New York, and working toward providing safe, affordable housing for its citizens.