04:16 PM EDT, 09/30/2024 (MT Newswires) -- Blackstone (BX) hired two new managing partners with extensive experience in asset-based lending and infrastructure finance as part of an initiative within Blackstone Credit and Insurance division to expand private credit portfolios, Bloomberg reported Monday, citing a person with knowledge of the matter.

Aneek Mamik reportedly will join Blackstone Credit and Insurance in November as a senior managing director from Varde Partners and will focus on asset-based finance investments, the source told Bloomberg.

Chris Yonan is slated to become the head of Blackstone's European infrastructure finance unit in London, building on his experience as the co-head of power, utilities and infrastructure at Jefferies Financial Group (JEF).

Blackstone did not immediately respond to a request from MT Newswires seeking comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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