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Blackstone brings in Bain & Co veteran della Cava as senior managing director

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Buyout giant Blackstone has brought in Bain & Company partner Courtney della Cava as senior managing director and global head of talent and leadership for its portfolio operations group.

Della Cava will be responsible for building and enhancing executive leadership teams and boards for Blackstone’s more than 200 portfolio companies.

She previously spent more than 20 years at Bain & Company, advising corporate and private equity clients on CEO succession, CEO and board effectiveness and broader organizational talent strategies and solutions.

She also built and led several of the firm’s global human capital teams and capabilities.

Jennifer Morgan, Global Head of Portfolio Operations, said, “Making sure our portfolio companies have best-in-class talent is one of the most important ways we can help them accelerate growth and create value for our investors.

“Courtney is a widely recognized expert in her field who is a trusted advisor to many of the world’s most respected businesses and executives, and she is the perfect person to take on this critical role for Blackstone.”

Della Cava added, “I’m thrilled to join Blackstone and collaborate with portfolio companies and investment teams on value-creating talent and leadership initiatives.

“Blackstone has invested in some of the most innovative and dynamic businesses around the world, and I look forward to working across the portfolio in accelerating human capital development and extending the firm’s impressive results track record.”

Earlier this week Blackstone agreed to acquire ESG software provider and consultation firm Sphera for $1.4bn from Genstar using its flagship private equity vehicle.

Blackstone made seven senior hires this year to boost ESG efforts, including the hiring of engineering and construction industry veteran Alasdair Cathcart as senior advisor to Blackstone Energy Partners in May.

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Source: https://www.altassets.net/private-equity-news/by-news-type/people-news/blackstone-brings-in-bain-co-veteran-della-cava-as-senior-managing-director.html

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