In the latest instance of a finance veteran moving into the political sphere, Austin Beutner, a co-founder of Evercore Partners and former partner of the Blackstone Group, has been tapped by Mayor Antonio Villaraigosa of Los Angeles to guide his effort to attract for more business to the city, The Los Angeles Times reported. Mr. Beutner will serve as Mayor Villaraigosa’s deputy mayor of economic development and oversee the Port of Los Angeles and the Department of Water and Power, as well as Los Angeles World Airports.
