Blackstone hires ex-Lazard co-head of US financial institutions
Joseph Cassanelli will work on the team behind Blackstone’s Tactical Opportunities strategy, which allows Blackstone to invest across asset classes, industries and geographies

Kayne Anderson to debut private BDC to tap affluent investors
EXCLUSIVE: Private BDCs, pioneered by some of the largest direct lenders in the market, are becoming a common vehicle across the private credit manager industry

Private credit’s golden era never really ended – Blackstone’s Michael Zawadzki
On the Credit Exchange podcast, Lisa Lee speaks with the CIO of Blackstone Credit and Insurance about opportunities in volatile markets and the durability of private credit premiums

JPMorgan enters private credit big leagues with USD 4bn Boeing unit financing
EXCLUSIVE: The bank takes down the third-largest piece of the giant unitranche, lending shoulder-to-shoulder with direct-lending giants

Tariffs will increase defaults – Blackstone
The alternative asset management giant also said the private credit market is providing financing that previously would not have been available in times of dislocation like this

Blackstone, Wellington and Vanguard partner on public-private investment products
The three asset management giants are joining forces to offer individual investors access to multi-asset portfolios once only available to institutional investors

Blackstone hires Goldman alum to head European private credit origination
Dominic Ashcroft previously served as head of leveraged finance for EMEA at Goldman Sachs

Blackstone receives SEC approval for private credit interval fund
The new fund will invest across private corporate credit, asset-based credit, real estate debt, structured credit and liquid credit

Blackstone partners with ITE to push into IG private credit
Blackstone Credit & Insurance has been focused on building its private origination pipeline for IG private credit

Blackstone plays ‘banker with a balance sheet’ to find lending deals
Blackstone’s BDC retreated to deploying in the upper middle market as the broadly syndicated market reclaimed large cap deals  

Blackstone buys billion dollar infra loan portfolio
Blackstone Credit & Insurance-managed funds agreed to acquire interests in a USD 1bn portfolio of global infrastructure loans from Santander

Blackstone survey shows PE sponsors expect private credit to take lion-share of financing deals
Blackstone sees a “super cycle” in private credit occurring next year, according to Brad Marshall, boosted by an expected pick-up in M&A and usage of direct lending

US direct lenders anticipate M&A “super cycle” in 2025
Senior direct lending deal flow has returned in the US with third quarter deployment rebounding to highs not seen since 2021

Blackstone raises USD 22bn for senior direct lending
Blackstone has raised USD 22bn, inclusive of leverage, for its institutional US direct lending fund and related vehicles

Blackstone makes two senior hires for infra lending and asset-based credit
Blackstone has hired two senior managing directors to focus on infrastructure and asset-based lending as members of the greater BXCI team

Blackstone reports 18% return from private credit over last 12 months
Blackstone's private credit and liquid credit returns outperform private equity investments in the last 12 months

Blackstone’s private credit fund for European retail investors gains traction
Blackstone has been eyeing one of the world’s biggest pools of wealth — and after a slow start, the asset manager’s push to sell private credit to affluent Europeans is gaining traction

Funds round up: private credit reaches for retail
A number of new credit funds launched last month to round out 2024's first quarter, including ones in Europe aimed at retail investors

Blackstone partners with Finland's S-Bank for European private credit fund
Blackstone has partnered with Finnish S-Bank, making it possible for individual investors in Finland to tap into the European private credit market

Blackstone sets sights on USD 10bn for opportunistic private credit fund
Blackstone will soon introduce the latest version of its opportunistic private credit fund, aiming to raise USD 10bn, Michael Chae, the firm's chief financial officer, told analysts 

Blackstone to close multi-strategy fund after assets fell nearly 90%
Blackstone plans to shut down its Blackstone Diversified Multi-strategy Fund by the end of the year after assets within the fund declined by nearly 90% in the last four years

Blackstone loses head of private credit in Europe and APAC
Senior managing director will stay until the end of the year before stepping back for personal reasons

Blackstone combines credit and insurance divisions in major reorganisation
The newly-created BXCI unit will be led by Blackstone veteran Gilles Dellaert and aims to grow assets under management to $1 trillion over the next decade.

Louisiana retire system commits $100 million to direct lending fund

The Louisiana Teachers’ Retirement System puts $100 million into direct lending fund. 

San Francisco retirement system sets aside $55 million for private credit
San Francisco Employees' Retirement System reserves hundreds of millions of dollars for alternative funds, including private credit