Blackstone hires Andrew Lapham to source Canadian deal opportunities

U.S. private equity firm The Blackstone Group has appointed Andrew Lapham as an executive adviser. Formerly a senior investment professional at Onex Corp, Lapham will focus primarily on sourcing and evaluating new investment opportunities in Canada for the New York-based Blackstone. He will operate from Toronto. Blackstone agreed earlier this month to acquire Gates Corp, a maker of a wide range of industrial products, from Onex and Canada Pension Plan Investment Board for US$5.4 billion.

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