London: Blackstone (NYSE: BX) announced today that Laura Coady, formerly the Head of International Securitised Markets and Global Head of CLOs at Jefferies, has joined Blackstone Credit and Insurance (‘BXCI’) as the Global Head of CLOs and European Head of Liquid Credit Strategies (LCS).

According to BERNAMA News Agency, based in London, Coady will be responsible for overseeing BXCI’s global CLO (Collateralized Loan Obligation) activities, which include CLO formation and investing. Additionally, she will lead the liquid credit business in Europe. BXCI’s Liquid Credit Strategies business manages an impressive $120 billion across various financial instruments, including corporate bonds, leveraged loans, CLOs, and Multi-Asset Credit. Blackstone holds the distinction of being the world’s largest manager of CLOs and loans and is recognized as the most active loan trader. The firm achieved a milestone in global annual CLO issuance in 2024, surpassing its previous record set in 2021.