Blackstone Group LP is hiring a former top enforcement attorney at the U.S. Securities and Exchange Commission, months after the world’s biggest alternative-asset manager agreed to its first SEC penalty, two people with knowledge of the move said.
Marshall Sprung will be a managing director and global head of compliance at New York-based Blackstone, said the people, who asked not to be named because the hire hasn’t been announced. He worked as co-head of the asset management unit within the enforcement division of the SEC, which announced his departure last month.
via Blackstone Said to Hire Former SEC Official After First Penalty – Bloomberg.
