Manulife has appointed BlackRock veteran Anne Valentine Andrews as international head of personal markets.
Valentine Andrews was beforehand managing director, international head of infrastructure and actual property at BlackRock, and in addition served on the corporate’s international working committee, human capital committee, and the fairness non-public markets government committee.
She has greater than 25 years expertise in asset administration and alternate options. Previous to BlackRock, she labored on Morgan Stanley’s infrastructure platform and at Macquarie Financial institution in each Melbourne and New York.
Learn extra: Latham & Watkins appoints two new companions to personal credit score enterprise
At Manulife, she is going to lead all of the funding groups and direct the general non-public markets technique throughout retail, institutional and retirement channels. She might be primarily based in New York and can report on to Paul Lorentz, president and chief government of Manulife.
“We’re excited to welcome Anne to our agency given her experience and deep alternate options background,” mentioned Lorentz.
“We’re assured that her management will speed up the expansion of our non-public markets platform and ship extra for our purchasers. Particular person and institutional buyers alike are demanding broader entry to personal markets to strengthen their portfolios, discover various sources of alpha, and obtain their funding targets.
Learn extra: Amundi to amass non-public markets asset supervisor Alpha
“We’re dedicated to the continued enlargement of our international non-public markets platform to assist our purchasers pursue enticing alternatives for long-term returns.”
Manulife at present manages roughly $120bn (£94.96bn) of personal market belongings together with non-public credit score.
“I’m delighted to affix Manulife to guide non-public markets globally,” added Valentine Andrews.
“The agency has over a century of robust historical past from its roots as an insurer and has a basis of world-class funding efficiency, threat administration, sustainability, and client-centricity.
“Manulife’s capacity to handle different belongings for purchasers and inside its insurance coverage platform permits for extra scale that may create thrilling product improvement initiatives and co-investment alternatives.
“I stay up for working alongside the staff to proceed delivering for purchasers and to speed up the expansion this platform is uniquely poised to seize.”
Learn extra: White & Case bolsters debt finance experience with new rent in London
