London, July 5, 2016. Blackstone (NYSE:BX) announces the appointment of Marc Bolland as Head of European Portfolio Operations of its private equity businesses. Mr Bolland was formerly Chief Executive of Marks and Spencer plc and previously Chief Executive of Morrisons plc and Chief Operating Officer of Heineken plc. He will start on 19 September 2016.
Joseph Baratta, global Head of Private Equity at Blackstone, said: “We are delighted that Marc is joining us. He has had 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.”
Marc Bolland said: “I am very pleased to be joining a firm of the quality and scale of Blackstone. I look forward to working with its extraordinary team and the businesses owned by Blackstone funds to drive growth and to add value for investors.”
Blackstone is one of the world’s leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies in which we invest and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our asset management businesses, with over $340 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow Blackstone on twitter@Blackstone.
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