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Blackstone Credit & Insurance appoints Head of International

Blackstone, the world’s largest alternative asset manager and a leading credit investor with nearly $420bn in assets across corporate and real estate credit, has appointed Dan Leiter as Head of International for Blackstone Credit & Insurance (BXCI).

Leiter, who will report to Gilles Dellaert, Global Head of BXCI, will lead the activity and expansion of BXCI in the EMEA and APAC regions. Additionally, Michael Carruthers has been appointed as European Head of Private Credit and will report to Leiter.

BXCI’s investments include direct lending, opportunistic, CLOs, high yield, infrastructure and asset-based credit. BXCI also provides investment management services for insurers.

Prior to joining Blackstone, Leiter was Global Head of Securitised Products Trading for Morgan Stanley’s fixed income division, and Head of European Sales and Trading for its securitised products group from 2015 to 2021.

Carruthers was previously Co-Chief Investment Officer for BXCI’s European and APAC private credit businesses, having been with the firm since 2006 across its Toronto and London offices.

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