Blackstone Credit and Insurance appoints Dan Leiter as Head of International
24 Abril 2024 - 4:45PM
Business Wire
Blackstone (NYSE:BX) today announced the appointment of Dan
Leiter as Head of International for Blackstone Credit and Insurance
(BXCI). In this role, reporting to Gilles Dellaert, Global Head of
BXCI, Mr. Leiter will lead the activity and expansion of BXCI in
EMEA and APAC. Additionally, Michael Carruthers is appointed as
European Head of Private Credit, reporting to Mr. Leiter.
Blackstone is one of the world’s leading credit investors with
nearly $420 billion in assets under management across corporate and
real estate credit. The investments of BXCI span the credit
markets, including direct lending, opportunistic, CLOs, high yield,
infrastructure and asset-based credit. BXCI is also a leading
provider of investment management services for insurers through its
capabilities in investment grade private credit.
Gilles Dellaert, Global Head of Blackstone Credit and Insurance,
said: “We have seen extraordinary growth across our business
globally, and our operations in Europe, the Middle East and Asia
have been significant drivers of our success. We expect that trend
to further accelerate globally, and it is fantastic to have Dan
join us to lead our efforts as we expand our activity and serve
more clients internationally. In Europe, we are delighted to also
have Mike lead our private credit team.”
Dan Leiter said: “I am thrilled to join Blackstone Credit and
Insurance to oversee the firm’s efforts to further capitalize on
the international opportunity set. The growth of private credit is
still in its infancy on a global scale, and I look forward to
leading the team in EMEA and APAC.”
Michael Carruthers said: “Our private credit business in Europe
is seeing strong momentum and opportunity both from a fundraising
and deployment perspective. I’m delighted to head our European
private credit team to build on our success and further grow our
presence and activity in this region.”
Mr. Leiter was previously Global Head of Securitized Products
Trading in Morgan Stanley’s Fixed Income Division. Prior to this,
he was Head of European Sales and Trading in the Securitized
Products Group from 2015 to 2021. Mr. Leiter graduated
Phi-Beta-Kappa from Middlebury College.
Mr. Carruthers was previously Co-Chief Investment Officer for
BXCI’s European and APAC private credit businesses. He has been
with the firm since 2006 working in the Toronto and London offices.
Mr. Carruthers graduated with Honors in Business Administration
from the Richard Ivey School of Business at the University of
Western Ontario.
About Blackstone
Blackstone is the world’s largest alternative asset manager. We
seek to deliver compelling returns for institutional and individual
investors by strengthening the companies in which we invest. Our
more than $1 trillion in assets under management include global
investment strategies focused on real estate, private equity,
infrastructure, life sciences, growth equity, credit, real assets,
secondaries and hedge funds. Further information is available at
www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter),
and Instagram.
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version on businesswire.com: https://www.businesswire.com/news/home/20240424583872/en/
Felix Lettau Felix.Lettau@Blackstone.com +44 (0) 7587 020020
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