Blackstone Credit

Blackstone Credit, formerly known as GSO Capital Partners, stands as a global leader in credit investing and is the dedicated credit arm of Blackstone, one of the world's largest alternative asset managers. Renowned for its comprehensive suite of credit strategies, the firm provides flexible financing solutions across a broad spectrum of industries and company sizes, ranging from middle-market enterprises to large corporations. Its investment approach encompasses performing credit, opportunistic credit, and direct lending, allowing it to engage in diverse debt instruments such as senior loans, high-yield bonds, distressed debt, and bespoke private credit facilities.

The firm's strategic focus is on generating attractive risk-adjusted returns by leveraging its deep credit expertise, extensive network, and robust analytical capabilities. Blackstone Credit plays a crucial role in the global credit markets, often acting as a significant capital provider for companies seeking growth capital, refinancing, or liquidity solutions. Their direct lending platform, in particular, has grown substantially, offering an alternative to traditional bank financing for companies that may not access public debt markets. This segment of their business provides substantial capital, with typical initial commitments often starting from tens of millions of dollars.

Blackstone Credit's scale is immense, benefiting from the broader Blackstone platform, which reported over $1 trillion in assets under management (AUM) as of the first quarter of 2024. Specifically, Blackstone's Credit & Insurance segment, which includes Blackstone Credit, managed approximately $326.5 billion in AUM at the end of 2023. This vast capital base enables the firm to execute large-scale transactions and participate in complex credit opportunities globally. Their investment philosophy emphasizes rigorous due diligence and active portfolio management, aiming to protect capital while maximizing returns for their institutional investors.