Kate Walsh's New Boyfriend Revealed

05/04/2007 at 08:00 AM EDT

Kate Walsh's New Boyfriend Revealed
Alex Young and Kate Walsh

Kate Walsh

Kate Walsh

Grey's Anatomy star Kate Walsh has been coy about the new man in her life, recently telling PEOPLE he's "a great guy, but I'm not giving you a name."

But now, PEOPLE reports in this week's issue, the mystery has been solved. Walsh, 39, is dating Alex Young, a production co-president at 20th Century Fox, with a string of blockbuster credits including X-Men: The Last Stand and Fantastic Four.

"He's a hotshot," says a friend. "But Alex also has substance. He's a good guy." (Walsh's rep declined to comment.)

Walsh, who stepped out with Young at an April 28 fund-raiser for Barack Obama in Los Angeles, has become pretty hot herself. On Thursday night, she starred in a two-hour special episode of Grey's, which featured her character, Dr. Addison Montgomery-Shepherd, contemplating a move to another hospital.

The storyline is the basis for a possible spinoff starring Walsh and Taye Diggs.

And Walsh recently told Best Life magazine she's a late-bloomer in love, but is finally ready for a serious relationship. "I don't need someone with a hot body," she said. "He can be fat or overweight and have a belly. It's very much about style and substance and humor, interest, curiosity and really being smart."

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