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Blackstone recruits 2 senior managing directors for infrastructure fund team

Blackstone Group recruited Wallace Henderson and Sebastien Sherman to join its Blackstone Infrastructure Partners fund team as senior managing directors, a news release said.

The positions are new. Mr. Henderson will be responsible for leading midstream infrastructure investments, while Mr. Sherman is responsible for leading Blackstone Infrastructure Partners' coverage of the utility, renewable energy and transportation sectors. They will report to Sean Klimczak, global head of infrastructure.

Blackstone Infrastructure Partners is an open-end fund that targets the infrastructure assets in the energy, transportation, water and waste, and communications sectors primarily across North America.

Mr. Henderson was a managing director at EIG Global Energy Partners, where he was head of midstream and a member of the executive committee. Mr. Sherman was head of the Americas at OMERS Infrastructure Management, a unit of the C$85.2 billion ($68.5 billion) Ontario Municipal Employees' Retirement System, Toronto, responsible for the origination, execution and oversight of large-scale infrastructure portfolio companies across North and South America. Mr. Sherman was replaced by Michael Ryder. It could not be learned whether Mr. Henderson was replaced; an EIG Global Energy Partners spokesman declined to comment.

A spokeswoman for Blackstone declined to comment beyond what was in the news release.

Blackstone Group had $434 billion in assets under management as of Dec. 31.