Carador Income Fund’s manager has changed. GSO / Blackstone Debt Funds Management LLC has announced the appointment of J. Richard (“Dik”) Blewitt as the Company’s new portfolio adviser following the resignation of Mark Moffat from GSO Blackstone. Mr. Moffat will continue to advise the Company in a joint capacity with Mr. Blewitt for a 3 month hand over period. All other members of the GSO Blackstone structured credit investment team will remain unchanged. The announcement says Mr. Blewitt will, like his predecessor, continue to draw on GSO Blackstone’s credit analysis and due diligence resources and all investments made by the Company will continue to be approved by GSO Blackstone’s seven person Global Structured Credit Investment Committee, which includes Mr. Blewitt.
Mr. Blewitt, who is based in New York, is a Managing Director with GSO Capital Partners and focuses on structured finance/credit investments. Before joining GSO in 2014, Mr. Blewitt was a Managing Director and Co-Head of the Securitized Asset Team at Blackrock, as well as the Partner in charge of Securitization and Insurance Products for the R3 Capital Hedge Fund. Prior to Blackrock acquiring R3, Mr. Blewitt was Head of Securitization at R3/Lehman Brothers Global Principal Strategies. Mr. Blewitt was formerly a Managing Director and Global Head of Distribution for the Global Structured Products Group at Bank of America Securities, having previously worked at JP Morgan in Structured Finance.
CIFU : Change of manager for Carador