
BlackRock's Head of APAC Private Credit Celia Yan to Leave Firm
BlackRock Inc. 's head of Asia Pacific private credit Celia Yan is leaving the firm, according to an internal memo seen by Bloomberg.
Hong Kong-based Yan has decided to pursue an an external opportunity, the internal memo showed. She will remain at the firm through the middle of June, ensuring an orderly transition of her responsibilities, which includes overseeing the firm's integration with HPS Investment Partners, the note showed.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Fed Being on Hold Is Bolstering Markets, Schwab's Sonders Says
"Cutting rates here isn't really the elixir" for markets, Charles Schwab Chief Investment Strategist Liz Ann Sonders says on "Bloomberg Open Interest." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
GE Vernova explores sale of Proficy software unit, Bloomberg News reports
(Reuters) -U.S. power equipment maker GE Vernova is exploring the sale of its industrial software business, Proficy, in a deal that could fetch as much as $1 billion, Bloomberg News reported on Friday, citing people familiar with the matter. Following its independence last year after a three-way split of General Electric, GE Vernova is benefiting from surging domestic power demand. This demand is expected to hit record highs in 2025, driven by rapid expansions in AI and cryptocurrency data centers, as well as increased energy consumption by households and businesses. The asset could be sold for between $900 million and $1 billion, the report said. The company is working with advisers and has reached out to industrial software firms and private equity investors, according to Bloomberg. GE Vernova declined to comment.


Bloomberg
an hour ago
- Bloomberg
A Big Win: Rep. Lawler on Tentative SALT Deal Reached
Representative Mike Lawler (R) NY shares his thoughts on tentatively reaching a deal on SALT with his Republican colleagues in the Senate. Rep. Lawler talks about how this deal could benefit additional states outside of New York, New Jersey, and California & the potential hurdle the House is facing as the self-imposed tax bill deadline looms. Representative Lawler speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)