Blackstone hires Debra Anderson as managing director in European corporate debt

By Jennifer Chiou

New York, Sept. 8 - The Blackstone Group LP said it added managing director Debra Anderson to its Corporate Debt Group to establish the company's presence as a manager of non-investment grade assets issued by European companies.

"Based on the successes of Blackstone's private equity and real estate businesses in Europe and our own assessment of the growing institutionalization of the European debt market, we've been preparing to enter that market for years," head of corporate debt Howard Gellis said in a news release.

"The key for us was finding the absolute best candidate to represent Blackstone, a leader that can build a business with scale. Debra's credit-based approach toward investing is in line with the way we run all our investment activities and her reputation and support within the market is outstanding."

Most recently, Anderson was the leveraged loan portfolio manager for Intermediate Capital Group plc.

Based in New York, Blackstone is a private investment and advisory firm.

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