One-on-One with Gilles Dellaert: More Than Just a Moment in Time for Private Credit

Demand for private credit soared in 2023, unleashing fears about a bubble and broader systemic risk. Gilles Dellaert, Global Head of Blackstone Credit & Insurance, breaks down what we believe are common misconceptions and explains why we see recent demand for capital as just one part of a long-term secular shift towards private credit. He also identifies top-of-mind sectors for Blackstone as deal volume reaccelerates.