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ON THE MOVE: BNP Paribas AM Promotes Sandro Pierri; Paget MacColl to Blackstone

Traders Magazine BNP Paribas appointed Sandro Pierri as CEO of BNP Paribas Asset Management, effective July 1. Based in Paris, Pierri will report to Renaud Dumora, future Deputy COO of BNP Paribas, in charge of the Investment & Protection Services Division of the Group which includes BNP Paribas Asset Management, alongside BNP Paribas Cardif, BNP Paribas Wealth Management and BNP Paribas Real Estate. Pierri has more than 30 years’ experience in the asset management industry.  He joined BNPP AM in 2017 as Head of the Global Client Group. Blackstone named Paget MacColl as Global Head of Blackstone Alternative Asset Management’s (BAAM) Institutional Client Solutions. MacColl will lead BAAM’s Limited Partner relationships and business development globally, leveraging her nearly 20 years of experience working with investors across alternative investments. MacColl joins from Goldman Sachs Asset Management, where she was co-head of the Americas Institutional Client Business

Insider finance: Crypto's stumbling block

Insider finance: Crypto s stumbling block ddefrancesco@businessinsider.com (Dan DeFrancesco,Jordan Parker Erb) © Provided by Business Insider Mark Lennihan/AP Good morning and welcome to Insider Finance. I m Dan DeFrancesco, and here s what s on the agenda today: RBC dealmakers explain how increased interest in ESG-focused deals has changed how investment banks are operating. Goldman Sachs is rolling out a new crypto trading team. Asset managers are building crypto offerings to meet investor demand, but high carbon emissions are a stumbling block. . Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco.

BAAM names global head of institutional client solutions

BAAM names global head of institutional client solutions Paget Maccoll Paget MacColl was named senior managing director and global head of Blackstone Alternative Asset Management s institutional client solutions. She will lead limited partner relationships and business development for the alternative money manager, a news release said Tuesday. Ms. MacColl was previously managing director and co-head of the Americas institutional client business at Goldman Sachs Asset Management. GSAM spokesman Patrick Scanlan declined to comment. Parent company Blackstone Group has $649 billion in assets under management. Blackstone spokeswoman Paula Chirhart could not be immediately reached for further information. Related Articles

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