BlackRock Hires Ex-Hedge Fund Founder Ferrier for Private Credit

(Bloomberg) BlackRock Inc., the world’s largest asset manager, hired former hedge fund manager Justin Ferrier as a managing director for Asian private credit investment, according to an e-mailed statement.

Ferrier will start in BlackRock’s Singapore office in June, focusing on mid-market and special-situations investments in the region, according to the statement from BlackRock. Ferrier early this year said he is shutting Myo Capital Advisers’ eight-year-old hedge fund he founded, after a big investor pulled its money.

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