Rob Zable Set to Leave Blackstone After Nearly Two Decades

Robert Zable, global head of liquid credit strategies at Blackstone Inc., is set to leave the world’s largest alternative asset manager after nearly two decades.

Zable will help the liquid credit strategies unit transition before exiting by the end of this year, according to people familiar with the matter, declining to be identified as the details are private. The unit is part of the recently-formed Blackstone Credit and Insurance (BXCI) platform.

Dan Leiter, who joined Blackstone earlier this year from Morgan Stanley, will take on Zable’s responsibilities, one of the people said. Leiter is currently head ...