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Future Standard Taps Industry Veteran Edwin Conway as CEO

After two decades of building Future Standard into a $94 billion alternative asset manager, co-founder Michael Forman is stepping into a full-time Executive Chairman role. He hands the chief executive reins to Edwin Conway, a financial veteran with extensive leadership experience at BlackRock and Blackstone.

Future Standard Taps Industry Veteran Edwin Conway as CEO
Photo: Bio & News

The appointment marks a strategic pivot for the Philadelphia-based firm as it seeks to scale its private markets footprint. Conway brings a deep resume to the position, having previously overseen BlackRock’s $350 billion Alternatives business and held senior roles at Blackstone. His mandate is to leverage this experience to accelerate the firm’s growth, building on a recent wave of acquisitions including Portfolio Advisors and Post Road Group’s digital infrastructure unit.

Forman, who co-founded the firm to broaden access to private investment solutions, will now dedicate his time to long-term strategy, fund oversight, and maintaining high-level client relationships. This leadership shift follows the firm's recent expansion into new international markets, including Dubai, Seoul, and Tokyo. The executive transition is supported by a broader recruitment push at Future Standard, which has recently added several senior leaders to its management team, including Chris Keogh as Co-President and Tosin Orimogunje as Chief Commercial Officer of Investment Solutions.

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