Blackstone hires ex-Lazard co-head of US financial institutions
Joseph Cassanelli will work on the team behind Blackstone’s Tactical Opportunities strategy, which allows Blackstone to invest across asset classes, industries and geographies

ABF specialist Balbec names new CEO
Peter Troisi to take the helm as Charles Rusbasan transitions to an executive chairman role

Oaktree expands asset-based finance team with hires from Atalaya and Goldman
Oaktree Capital Management has increased staff for its asset-backed finance group

Reed Smith hires Winston & Strawn CLO lawyer
The recruitment of a New York-based partner will help Reed Smith build out the law firm's CLO and ABS capabilities

West Coast CLO investor leaves firm
A California-based portfolio manager focusing on non-agency RMBS along with CLOs has left his role