Blackstone Creates Combined Division Called Structured Finance Group

Posted on 11/07/2021

Blackstone Group (NYSE:BX) created the Structured Finance Group in its organization. The move links Blackstone Real Estate Debt Strategies (BREDS) and the firm’s various asset backed finance activities. Jonathan Pollack, currently the Global Head of BREDS, has been named Global Head of the Structured Finance Group. Timothy Johnson, currently the Global Head of Originations for BREDS, will become Global Head of BREDS, overseeing all commercial and residential lending activities. Rob Camacho will continue to lead the firm’s investment activities in asset based finance. Mike Wiebolt, who currently manages the Real Estate Group’s liquid securities activities, will now also manage asset backed securities. The unit aims to capitalize on information across asset classes to deliver unique financing solutions to their clients.

Increasingly asset owners such as sovereign wealth funds and pensions are seeking out structured credit investments.

Keywords: Blackstone Inc., Blackstone Group LP.

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