Blackstone Hires Coady as Global Head of CLOs From Jefferies (1)

Blackstone Inc. has hired a senior Jefferies executive to become global head of CLOs, according to a person familiar with the matter.

Laura Coady will be joining Blackstone later this year, the person said, who spoke on condition of anonymity. She will report to Dan Leiter, global head of liquid credit strategies and head of international at Blackstone.

Based in London, Coady will also serve as European head of liquid credit strategies.

Issuance of collateralized loan obligations, which bundle leveraged loans into bonds of varying risk and reward, has been strong so far this year. US and European deal ...