BlackRock hires Credit Suisse exec to bolster hedge fund unit
March 22 (Reuters) - BlackRock , the world's largest money manager, hired Andy Stewart, the head of one of Credit Suisse's hedge fund units, to bolster its own alternatives business.
Stewart will co-head New York-based BlackRock's hedge fund and private equity division alongside current leader Matt Botein, who will take on the additional title of chief investment officer for alternatives, the firm said in a memo on Friday.
(Reporting by Aaron Pressman)
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Keywords: BLACKROCK ALTERNATIVES/
Stewart will co-head New York- based BlackRock's hedge fund and private equity division alongside current leader Matt Botein, who will take on the additional title of chief investment officer for alternatives, the firm said in a memo on Friday.