Asset management giant BlackRock has announced the appointment of an Australasia head of private credit.
BlackRock appoints Stephen Allan as head of private credit for Australia and New Zealand, according to a statement, based in Sydney.
Allan has nearly 20 years of experience in credit deal origination and sourcing, most recently at Nomura. Prior to joining the Japanese bank in 2010, he also worked at Lloyds International in Sydney focusing on distressed corporate, real estate and leveraged finance accounts.
BlackRock’s global private debt team houses more than 200 investment professionals in over 18 cities worldwide, as of August 2023, overseeing a platform that manages $84 billion across the asset class.
