Last of GSO's co-founders departs
It's the end of an era as GSO Capital Partners co-founder Bennett Goodman (the 'G' in GSO) will step down from the firm at the end of the year 

GSO adds $10 billion to inflows with direct lending, structured credit and energy
Blackstone grew its credit assets under management to $139.3 billion, up 13% on a year ago, according to the firm's second quarter earnings release

GSO makes big hire to co-lead distressed investing
Blackstone's credit platform has appointed an ex-Goldman Sachs official to co-lead its distressed debt business 

GSO generates $4.5 billion capital for energy-focused credit fund
GSO Capital Partners has closed its second energy-focused credit fund with $4.5 billion of capital commitments, the firm has announced. Creditflux understands that the fund originally targeted a $5 billion final close

Ohio pension backs GSO's upcoming European direct lending fund
Ohio Police & Fire Pension Fund (OP&F) has approved a $50 million commitment to GSO European Debt Fund II

GSO co-founder takes Iron throne with new manager launch
GSO co-founder Tripp Smith has launched a new firm - Iron Park Capital Partners. He brings hires from credit long/short hedge fund River Birch Capital, Oak Hill and Axar with him 

Owl Creek turns heads to special situations with new fund
The firm joins several other distressed investors preparing to take advantage of a potential downturn

Blackstone follows in footsteps of KKR and Ares by converting to corporation
The conversion is anticipated to be effective from 1 July

GSO makes senior hire to lead distressed trading
GSO Capital Partners has bolstered its distressed trading desk with two hires 

GSO to add two North American offices in 2019
The credit manager anticipates the offices will help expand the firm’s origination efforts in North America

Isda tables plans to rid CDS market of narrowly tailored credit events
After lengthy deliberation, a working group of major firms is today set to publish proposals aimed at ridding the market of ‘narrowly tailored credit events’, whereby borrowers are persuaded to default on debt payments in order to trigger pay-outs for CDS holders

Performing credit tops distressed credit for Blackstone, but credit AUM declines
The firm is looking to boost its direct lending business to gain $10 billion of available capital over the next couple of years

GSO co-founder plans new credit business
GSO Capital Partners co-founder Tripp Smith is launching his own credit management firm, according to a report by Bloomberg

Blackstone builds on multi-asset approach with fifth fund
The new vehicle will invest directly into Blackstone deals across its alternatives platform

Recent CLO debutant Vista brings in GSO official to lead credit team
Vista Credit Partners has hired a former GSO official to lead its credit team

PE firm hires direct lending specialist from GSO
Private equity firm AE Industrial Partners has appointed an experienced structured credit official as it looks to expand its structured credit offerings

Blackstone grows credit assets by 31% over year
The firm achieved strong fundraising in credit, taking credit-related assets under managment to $130.6 billion in the third quarter, a 31% increase year-on-year 

GSO CLO fund looks to wind up with offer to roll into manager's originator strategy
The board responsible for Carador Income Fund, managed by GSO Capital Partners, has given shareholders an opportunity to wind the fund up, alongside a rollover opportunity for shareholders into GSO's CLO originator fund, Blackstone/GSO Loan Financing

GSO registers new direct lending fund after going solo
After its partnership with FS Investments reached an end, GSO Capital Partners has registered a new direct lending fund with US regulators

GSO managing director set to join Platinum to build new credit unit
Platinum Equity has appointed Michael Fabiano to build out a new credit unit to complement the firm’s existing equity platform. He will join in January 2019 and will be based in New York

Participants resolve CDS market manipulation case which "threatened existence of the market"
The CDS market manipulation case that caused a stir in the market - involving GSO, Hovnanian and Solus -  has now been resolved. The underlying issue, however, has not

New York pension fund allocates $400 million to two private debt funds
New York State Common Retirement Fund has awarded $400 million to two private debt managers: GSO and Vista Equity Partners, Creditflux has learned

GSO launches new energy fund and picks up $75 million from US pension
The GSO Energy Select Opportunities Fund II is understood to be targeting $5 billion and has already been chosen by a Louisiana pension fund for a $75 million commitment

KKR and FS Investment close $18 billion BDC platform deal
New York-based KKR and Philadelphia-headquartered FS investments yesterday closed their deal to create the market's largest BDC platform

GSO raises $7 billion for third stressed/distressed fund
GSO Capital Partners on Thursday announced the final closing of GSO Capital Solutions Fund III at its hard cap of $7 billion