Marc Bolland was appointed head of European portfolio operations of Blackstone Group’s private equity businesses, a spokesman said
It is a new position, and Mr. Bolland will start Sept. 19.
Blackstone’s money management businesses, which include private equity, real estate, public debt and equity, non-investment-grade credit, real assets and secondary funds, have more than $340 billion in assets under management.
“(Mr. Bolland) has an outstanding career leading and developing major international businesses, and I am sure he will add great value to our current and future portfolio businesses,” said Joseph Baratta, global head of private equity at Blackstone, in a news release.
Mr. Bolland was previously CEO at Marks and Spencer PLC.