BlackRock loses top infrastructure investor to Manulife amid executive shakeup ...Middle East

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When Toronto-based Manulife Investment Management agreed to buy the $13.5 billion private credit firm CQS in November, the deal reflected the onslaught of traditional money managers looking for an edge in lending to and investing in private companies. Another step in bolstering Manulife’s private assets offerings: filling the key global head of private markets position that had been vacant since last summer. Anne Valentine Andrews, the veteran infrastructure investor who joined BlackRock nearly a decade ago, will join Manulife in that position in early March, Paul Lorentz, the president and chief executive of Manulife’s asset management arm, told employees in a memo on Tuesday. Valentine A

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