A boarding school based in the Midwest has promoted its controller to cfo following a search for the position from last year.
The new hire will support the group’s growing client base.
They will help build on the firm’s existing client relationships by offering bottom-up fixed-income investment solutions.
The transaction is expected to close in the third quarter.
The group is searching for ways to help private equity firms fully realize their growth potential.
They will focus on sourcing opportunities, deal underwriting and portfolio management.
The current ceo will stay on as an advisor until the end of the year.
The new hire will lead Blackstone Alternative Asset Management’s limited partner relationships and business development globally.
The plan announced its new executive director at a board meeting yesterday.
She provides investment ideas for several of the firm’s global equity strategies.