Ben Black Weighs Opening NYC Office for US Development Lender

Ben Black has made it clear he wants to connect Wall Street with the obscure federal agency he’s preparing to lead. Now, the son of billionaire Leon Black is hunting to find a spot for the International Development Finance Corp. closer to the financial hub.

The DFC is exploring opening an office in New York City, according to an official. An office in the city would help put the agency closer to the workers it’s seeking to hire from big banks and specialist areas, as well as the investors it wants to attract, according to people familiar with the matter ...