Blackstone has promoted Brad Marshall, senior managing director, to the new role of global head of private credit strategies, after nearly two decades with the firm, according to a report by Pension & Investments Online.
The report cites Blackstone spokesperson Kate Holderness as confirming the appointment along with the addition of Jonathan Bock who has joined as co-CEO of the firm’s two business development companies, Blackstone Private Credit Fund and the Blackstone Secured Lending Fund.
Bock who joins from Barings BDC where he held the role of CEO, will work alongside Marshall, who had previously been the sole CEO of both Blackstone BDCs.