Kelley Morrell has joined Blackstone as a managing director and head of asset management for the firm’s tactical opportunities business.
Morrell will be responsible for ongoing management and oversight of the group’s investment portfolio. Additionally, she will be tasked with creating and driving added-value initiatives alongside the investment team.
Previously, she worked at CIT as executive vice president and chief strategy officer, helping the financial holding company shape its strategic direction following its emergence from bankruptcy.
Morrell also held the position of senior director of the U.S. Treasury’s Automotive Industry Financing Program during the Obama administration.