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

Blackstone closes energy transition fund at over $7.1 billion
Blackstone builds on sustainable credit platform with the final close of a new $7.1 billion green fund 

Blackstone Credit hires Euro capital markets head in newly created role
An experienced official from Morgan Stanley has landed at Blackstone Credit to oversee capital markets origination in Europe across liquid and private strategies

Blackstone launches rated-note feeder for direct lending strategy
Blackstone has launched a rated feeder fund, which is linked to a direct lending strategy

Calpers allocates $2.5 billion to two large private debt managers
Pension giant Calpers has revealed $2.5 billion allocations to two private debt managers

Blackstone promotes Marshall to global head of private credit strategies
Blackstone has promoted Brad Marshall to global head of private credit strategies

Major fund withdrawals undermine credit momentum
Credit funds are extending their run of inflows into the end of the year, but investment grade momentum took a dent last week due to investors in one big fund pulling their money

LP round up: two managers terminated as 20 win $2.5 billion
US institutional investors allocated over $2.5 billion to 20 credit managers in October, according to documents seen by Creditflux. Two credit fund managers however were terminated in the month

Credit funds at a glance (November 2022)
A round up of fundraising and people moves in credit

Blackstone collects $4 billion on inaugural private credit green energy fund first close
Investors are big fans of Blackstone's new private credit green energy strategy, which focuses on renewables and energy transition 

LP round up: $2.7bn flows to 20 credit managers as investors battle PE overallocation
Investors faced huge headwinds in September with inflation, rising interest rates, and geopolitical turmoil, alongside the UK gilts sell-off at month end

Senior PM leaves Blackstone to join growing hedge fund
The capital formation head at Blackstone has parted ways with the firm to join another fund manager

Pimco loan ETF finds good entry point for deployment
Pimco’s loan ETF, launched earlier this month appears well positioned to capitalise on the volatility that has hit the loan market in the last two weeks

Credit funds at a glance (June 2022)
A round up of fundraising and people moves in credit
 
   

Blackstone names senior Anchorage official as head of Asia Pacific origination
Blackstone Credit has hired a senior official from Anchorage to work lead Asia Pacific origination out of Sydney