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Platinum Equity Names New Executive

Los Angeles-based private equity investor Platinum Equity announced this morning that it has added Michael Fabiano, to head up a new credit investing division. Fabiano was most recently Managing Director at GSO Capital Partners LP, which is part of Blackstone, and also has served as an investment banker at Morgan Stanley. Fabiano had been at GSO Capital Partners for more than a decade, according to Platinum Equity. Platinum Equity manages more than $13 billion in assets.