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Published on 9/13/2007 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Blackstone hires financing specialist Vikrant Sawhney

By Devika Patel

Knoxville, Tenn., Sept. 12 - Blackstone Group announced it has appointed Vikrant Sawhney as a managing director in the firm's private equity group. He will lead Blackstone's activities in financing and capital markets and help oversee certain credit market-related investment activities.

Sawhney previously was with Deutsche Bank for nine years. He was a managing director in Deutsche Bank's financial sponsors group. Before joining Deutsche Bank, he was an associate with Simpson Thacher & Bartlett.

"Vik has built a reputation as one of the leading leveraged finance professionals on Wall Street and will further enhance our private equity, client advisory and debt investment capabilities. We have worked closely with Vik through the years and are delighted to have someone of Vik's experience and stature in this important role," Blackstone's president and chief operating officer Tony James said in a press release.

Blackstone is a New York-based global alternative asset manager and provider of financial advisory services.


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