Blackstone Hires Michael Hovey, Former Co-Head of Insurance Investment Banking for North America at Morgan Stanley, to Lead Acquisitions for Blackstone Insurance Solutions

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) today announced that it has hired Michael Hovey as a Senior Managing Director to lead acquisitions and strategic partnerships for Blackstone Insurance Solutions (“BIS”). Mr. Hovey joins Blackstone from Morgan Stanley, where he was a Managing Director and most recently served as Co-Head of Insurance Investment Banking for North America. Inclusive of his nearly 17-year tenure with Morgan Stanley, Mr. Hovey brings over 23 years of insurance investmen