BlackRock BDC starts 2017 with new CEO

Michael Zugay, former head of US investments at BlackRock, became chief executive officer on New Year’s Day.

BlackRock Capital Investment Corporation (BCIC) has started the new year with a new chief executive at the helm, the business development company said.

Michael Zugay, formerly the head of investments for the US Private Capital Group at BlackRock, replaced Steven Sterling as chief executive officer on 1 January.

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