NEW: Jon Korngold is driving Blackstone's growth-investing push. We asked insiders why he was a must-have hire.

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Jon Korngold has been busy building out a division within Blackstone dedicated to investing in fast-growing companies.
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Jon Korngold is the face of Blackstone's big push into backing fast-growing companies like Bumble. We talked to a dozen insiders to learn what made him a must-have hire.

Jon Korngold has been busy building out a division within Blackstone dedicated to investing in fast-growing companies.

Business Insider spoke with more than a dozen people who know Korngold to learn more about the 45-year-old investor behind Blackstone Growth, or "BXG" for short.

Fresh off purchasing a $3 billion controlling stake in the owner of dating app Bumble, Korngold, who joined Blackstone in January, says he'd like to do four to five deals a year, writing checks between $200 million and $500 million.

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