Oklahoma system allocates USD 1.3bn as others set 2026 targets
OTRS commits USD 1.3bn to Blackstone, KKR private credit funds, while Los Angeles, New Hampshire, San Antonio pensions disclose recent moves

Blackstone starts new fundraising round for institutional, evergreen US direct lending fund
The alternative asset management giant is back to raise more capital for Blackstone Senior Direct Lending Fund after previously closing on USD 22bn in October 2024

Watch out for the cockroaches
After the collapse of First Brands, some of the biggest hitters in global finance have been quick to argue that any bugs in the system won’t affect them — but are bad news for everyone else

Regulators will see the benefits of private credit – Blackstone
The resilience of private credit will become clear following a review of the sector by UK regulators, says Blackstone’s Daniel Leiter

Blackstone raises USD 1.6bn for new high-yield ABF strategy
The alternative asset management giant is targeting USD 4bn for its new high yield, private-asset-based finance fund

Blackstone hires MD to lead private credit origination in India
This is Blackstone Credit & Insurance’s first hire in the country, as the India market becomes a priority

Blackstone IG private credit reaches USD 115bn off insurer interest
The alternative asset manager is focused on raising capital from this investor segment without becoming an insurer itself.

Bain taps veteran of DWS, Blackstone Credit for global credit COO role
The firm created the new role as the global credit platform scales

Blackstone prices US private credit CLO – its third static deal of 2025
The manager has issued its third non-reinvesting CLO for the year in a near-USD 600m transaction

Seven managers make up 90% of private credit fundraising – Morningstar
Over the last five years, Apollo alone accounted for 29% of all capital raised for private credit

Blackstone inks new private credit partnership with L&G
PRECIS: The partnership will see L&G gain access to IG private credit assets and the two firms create new public-private credit products.  

Barings moves toward second Euro private credit CLO as Blackstone, Apollo mull initial deals
EXCLUSIVE: The firm that cracked the European private credit CLO market open last year is working on its second such deal, while Blackstone and Apollo eye a market entry

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

News in brief
Blackstone plays offense amid volatility

Blackstone prices static BCRED CLO
The transaction is the first non-reinvesting deal to price under the BCRED shelf

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 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