Blackstone has announced that it has appointed Michael Hovey as a senior managing director to lead acquisitions and strategic partnerships for Blackstone Insurance Solutions. In his new role, Hovey will be responsible for leading company's investments, strategic partnerships and other transactions with insurance companies. He will report to Gilles Dellaert, global head of Blackstone Insurance Solutions. Hovey has previously been a managing director at Morgan Stanley, serving most recently as co-head of Insurance Investment Banking for North America.