Exclusive: Dave Johnson Leaves The Blackstone Group

March 11, 2016, 8:35 PM UTC
Johnson, senior VP of Corporate Strategy for Dell Inc, smiles during the Reuters Global Technology Summit in New York
Dave Johnson (L), senior vice president of Corporate Strategy for Dell Inc, smiles during the Reuters Global Technology Summit in New York May 18, 2011. REUTERS/Brendan McDermid (UNITED STATES - Tags: BUSINESS SCI TECH HEADSHOT) - RTR2ML5K
Photograph by Brendan McDermid — Reuters

Dave Johnson has stepped down as a senior managing director with The Blackstone Group (BX), Fortune has learned from multiple sources.

He had joined Blackstone to lead tech investing in early 2013 from Dell, where he had spent the prior four years as senior VP of strategy. Soon after he tried leading a buyout of Dell on Blackstone’s behalf, but the firm never ultimately submitted an offer (Dell instead went private with the help of Silver Lake Partners, and more recently agreed to acquire EMC).

Prior to Dell, Johnson spent 27 years with IBM (IBM), including as VP of corporate development and M&A.

Get Term Sheet, our daily newsletter on deals and deal-makers.

Johnson is expected to remain as a senior advisor to Blackstone, with plans to make smaller technology investments on his own. It is unclear if such deals would be done with personal money, or if Johnson is hoping to raise a fund. He is no longer listed on the Blackstone website.

A Blackstone spokeswoman declined comment. Fortune reached out to Johnson via email, but did not receive a reply.

In other Blackstone news, operating partner Sandy Ogg has quietly left after a five-year run. He previously had been chief HR officer for Unilver (ADR) and, before that, was a senior VP with Motorola.

Update: Blackstone has provided the following statement: “Dave remains an important part of the Blackstone team. He will remain involved with the firm in a significant way, and we will continue leveraging his considerable expertise and talents as he advises our business segments on their technology investments.”

Subscribe to Well Adjusted, our newsletter full of simple strategies to work smarter and live better, from the Fortune Well team. Sign up today.

Read More

CryptocurrencyInvestingBanksReal Estate