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

Time Stamp: January 13, 2023 10:26 AM
Source Node: 2513490

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 the globe, including the US, Europe, and Asia.

The direct lending arm of Blackstone has seen a surge in activity over the past year due to the increasing demand for alternative financing solutions. Companies are increasingly turning to direct lenders as a way to access capital quickly and without the need for traditional bank financing. This has led to an increase in direct lending activity, with Blackstone’s direct lending arm seeing a significant increase in activity over the past year.

Marshall Huebner is well-suited to lead Blackstone’s direct lending arm. He has extensive experience in the financial services industry and has held various roles within Blackstone. He is also well-versed in the complexities of the direct lending business and has a deep understanding of the market dynamics and trends.

Blackstone’s decision to promote Marshall Huebner to lead its direct lending arm is a testament to the firm’s commitment to providing innovative financing solutions to its clients. With Marshall at the helm, Blackstone is well-positioned to capitalize on the increasing demand for alternative financing solutions and continue to be a leader in the direct lending space.