Hedge Funds

Blackstone taps debt experts Keefe and Lee

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In an effort to boost its distressed and high-yield capabilities, the New York-based Blackstone Group recently added a number of distressed-debt specialists. Among the more high-profile and senior members of the new team are distressed-debt veterans Jeremiah Keefe and Il Lee. Additional traders and analysts are expected to be added to augment the Keefe-Lee team in the near future.