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Marshall Promoted to Lead 17-Year Blackstone Direct Lending Arm Amid Booming Activity

Source Node: https://zephyrnet.com/blackstone-promotes-17-year-direct-lending-lead-marshall-amid-booming-credit-arm-activity/
Time Stamp: January 13, 2023 10:26 AM - Modified On: January 13, 2023 - Published By:
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Published by Plato

In a major move, Blackstone Group Inc. has promoted Marshall Huebner to lead its 17-year-old direct lending arm. This move comes at a time when the direct lending business is booming, with Blackstone's direct lending arm having seen a significant increase in activity over the past year.Marshall Huebner has been with Blackstone since 2003 and has held various roles within the firm. Most recently, he was the head of Blackstone's European direct lending business. In his new role, he will be responsible for overseeing the firm's direct lending activities across

Blackstone Appoints Marshall as Head of 17-Year Direct Lending Division Amid Growing Credit Arm Activity

Source Node: https://zephyrnet.com/blackstone-promotes-17-year-direct-lending-lead-marshall-amid-booming-credit-arm-activity/
Time Stamp: January 13, 2023 6:26 AM - Modified On: January 13, 2023 - Published By:
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Published by Plato

In a move to expand its direct lending capabilities, Blackstone Group Inc. has appointed former Goldman Sachs executive Marshall Wace as the head of its 17-year-old direct lending division. The move comes as the private equity giant continues to build out its credit arm and make strategic investments in the space. Marshall Wace, who was most recently a managing director at Goldman Sachs, will lead Blackstone’s direct lending division. The division, which has been active since 2003, provides financing to companies that are unable to access traditional bank financing. The