Credit & Insurance

Blackstone is one of the largest credit asset managers in the world. We aim to provide investors with attractive risk-adjusted returns and borrowers with the capital they need to strengthen and grow their businesses.

City Bridge
AUM Across Blackstone’s Credit Platform1


Issuers Across Portfolios2


Sponsor/Advisor Relationships2


Note: All figures as of March 31, 2024, unless otherwise indicated

1. AUM is a combined figure inclusive of Blackstone Credit & Insurance “BXCI” and Real Estate Debt businesses.
2. Reflects issuers and sponsors across all asset types within Private Corporate Credit, Liquid Corporate Credit, and Infrastructure & Asset Based Credit, excluding FX derivatives and LP interests.


We invest across the credit markets, managing leading strategies that target sectors with strong fundamentals.

City Bridge Perspective


Our platform has evolved alongside the credit markets. This longevity allows us to draw from a deep well of trusted relationships to originate opportunities on behalf of our clients.


Our complete capital solutions span the liquidity and risk spectrum, and our close partnerships with borrowers allow us to pinpoint additional opportunities to create value.


In addition to more than 20 years’ experience on average, BXCI investment professionals leverage the expertise of the broader Blackstone network, which includes over 100 senior advisors and 50 data scientists.

Blackstone’s Credit STRATEGIES

The breadth of Blackstone’s strategies helps us build solutions optimized for various market conditions and customized for our clients’ needs.

We provide financing solutions to companies and help banks manage risk. Our position as one of the world’s largest direct lenders gives us visibility across markets and access to large, complex opportunities available to few others.

Senior Direct Lending

Opportunistic Credit

We are the largest global loan manager. This market leadership generates technical insights that inform our investment decisions across liquid credit markets.

Investment Grade

High Yield

Leveraged Loans

CLO Debt/Equity

We invest in energy transition and climate solutions, essential infrastructure and loans backed by diversified financial and physical collateral, benefiting from Blackstone’s view across these sectors.

Infrastructure Debt

Asset Based Lending

Sustainable Resources

Blackstone’s real estate credit business issues debt and debt securities backed by commercial and residential mortgages, drawing on the competitive advantages of the Blackstone Real Estate platform, the world’s largest owner of commercial real estate.

Real Estate Lending

Real Estate Debt Securities

Residential Mortgages

Blackstone Insurance

We provide insurance-specific investment opportunities across the risk spectrum, with a focus on investment grade private credit.

Proven track record

Our 70+ dedicated insurance professionals offer deep expertise across investments, portfolio analytics, relationship management and product development.

Tailored approach

Our scalable solutions span from customized separately managed accounts (SMAs) to full portfolio management, allowing us to forge long-term, strategic partnerships with our clients.

Global perspective

Our view across industries, asset classes and markets positions us to see trends and craft products aligned with each insurer’s objectives, risk and outlook.

News & Insights

Updates from Credit & Insurance

Dellaert: Blackstone Always Going to Coexist With Banks

Gilles Dellaert, Global Head of Blackstone Credit & Insurance, spoke to Bloomberg about how private credit has evolved over the past two decades – and what’s driving the growing opportunity we’re seeing today. 

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

Gilles Dellaert, Global Head of Blackstone Credit & Insurance, explains how – contrary to what you might read in the headlines – private credit can help create a more resilient financial system.

Delivering Flexible Capital During Difficult Times

Amid challenging market conditions, private credit is an efficient way to deliver capital to firms, say Blackstone’s Michael Zawadzki and Brad Marshall.


“Our aim is to be a one-stop shop, building comprehensive solutions that deliver for our clients and enable our borrowers to achieve their goals.”

Gilles Dellaert

Global Head of Blackstone Credit & Insurance