Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(To read more on the debt and equity markets, click here.)

NEW YORK CITY-The Blackstone Group has expanded its debt group by entering the European marketplace. The group was established in 1998 and has grown to nearly $5 billion in commitments and assets under management.

According to published reports, the locally based firm has hired Debra Anderson to serve as managing director in an effort to establish Blackstone’s presence as a manager of non-investment grade assets issued by companies throughout Europe. She will be based in London.

“We’ve been preparing to enter that market for years,” explains Howard Gellis, head of Blackstone’s Corporate Debt Group. He says the expansion was based on the success of the firm’s private equity and real estate businesses in Europe as well as an assessment of the growing institutionalization of the European debt market.

In her most recent position, Anderson was the leveraged loan portfolio manager for Intermediate Capital Group PLC where she was responsible for four European CDOs. Prior to that she established and ran an acquisition finance lending business for a major European bank. Blackstone’s debt group currently manages five CDOs, with approximately $3 billion of assets and a mezzanine fund which is currently investing in excess of $1 billion of commitments.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.