People on the Move: Patrick Dunne, Lending Club
Online loan marketplace Lending Club announced today that Patrick Dunne has joined the company as chief capital officer. In the role, Dunne will be responsible for managing Lending Club’s investor group, which spans individual investors, strategic partnerships with retail distribution partners, banks and other institutional investors including asset managers, pensions, foundations and endowments. With 25 years of investment experience, Dunne has held an array of senior investment leadership roles, including most recently serving as head of global asset manager BlackRock’s San Francisco office. He previously served with iShares’ global markets and investments business, where he oversaw more than 700 investment products with more than $1 trillion in assets under management. Prior to that he was global chief operating officer for iShares.