Future Standard Taps BlackRock Veteran Conway as CEO Amid Expansion Push
Event summary
- Future Standard appoints Edwin Conway, former BlackRock and Blackstone executive, as CEO on July 14, 2026.
- Co-founder Michael Forman transitions to full-time Executive Chairman to focus on strategy and client relationships.
- Conway brings 30+ years of private markets experience, including leading $350B alternatives business at BlackRock.
- Appointment follows acquisitions in 2023 (Portfolio Advisors) and 2025 (Post Road Group), plus global expansion.
The big picture
Future Standard's CEO transition comes as private markets assets under management continue to shift from public markets. With $94B in AUM, the firm is positioning itself as a consolidator in middle-market alternatives, competing directly with BlackRock and Blackstone's platforms. Conway's appointment suggests an emphasis on scaling distribution capabilities globally.
What we're watching
- Execution Risk
- How Conway will integrate recent acquisitions while maintaining Future Standard's middle-market focus.
- Growth Strategy
- Whether Forman's strategic oversight can sustain the firm's 20%+ AUM growth rate post-transition.
- Market Positioning
- The pace at which Future Standard expands digital infrastructure offerings following Post Road Group acquisition.