We are one of the world’s largest credit-oriented asset managers, with a focus on capital preservation and delivering attractive risk-adjusted returns for our clients regardless of market conditions.
Assets Under Management*
In Dry Powder
WHAT WE DO
We invest across the entire corporate credit market, from public loans and bonds to large-scale, private debt financings.
Our business has a deep reservoir of credit and industry expertise. With an average of 21 years of industry experience, our investment professionals have operated through multiple industry cycles and have developed a long-term view of the market.
We believe that the scale of our platform offers a competitive advantage in sourcing proprietary investment opportunities and allows us to achieve favorable terms on our investments. We have become a long-term partner to companies and sponsors around the world with flexible solutions to help them grow and thrive in today’s market.
The solutions we offer are not often available elsewhere in the credit markets. Our breadth is our competitive advantage – drawing upon a wide range of disciplines, including loans, high yield and investment grade bonds, structured credit, mezzanine lending and opportunistic / stressed financing.
Our activities span both the liquid and private credit spectrum and range from investing in public securities to providing highly customized and structured credit investments. This allows us to maximize potential in various market conditions and deliver attractive risk-adjusted returns to our investors.
Note: All figures as of December 31, 2022, unless otherwise indicated.
*Figure reflects the AUM only of the Blackstone Credit business. This figure does not include the AUM of Harvest Fund Advisors, Blackstone Insurance Solutions and Asset-Based Finance, which are included in Blackstone’s publicly reported Credit and Insurance segment AUM.
**Reflects unique corporate issuers across funds and accounts managed by Liquid Credit Strategies and Private Credit Strategies as of December 31, 2022.
We seek to make companies stronger by providing capital when other funding is unavailable or where our expertise and scale enable uniquely flexible capital solutions.
Blackstone Credit has been a long-standing partner to Altus Power, one of the nation’s premier clean electrification companies serving commercial, industrial, public sector and community solar customers. Blackstone Credit provided its initial financing to Altus in 2014, followed by an $850 million recapitalization in 2019. Altus went public in 2021, with Blackstone Credit remaining a significant shareholder and lender. Our ongoing partnership with Altus is enabling the company to meet growing demand for low-cost, renewable energy in North America.
In early 2021, Blackstone Credit provided long-term financing to family-owned Westland Insurance, one of the largest property and casualty insurance brokers in Canada. Westland provides expert advice to home, business, farm, life and auto insurance clients across 200+ offices. We look forward to partnering with Westland to strengthen their business and support their expansion across Canada.
Blackstone Credit led the debt financing for Auctane (formerly Stamps.com), a leading provider of e-commerce shipping software solutions, to support the acquisition of Stamps.com for approximately $6.6 billion. Auctane debt financing ranks as one the largest direct loans done in the private market.
Updates from Credit
Harnessing Credit: Driving the Energy Transition to Create Value
Blackstone Credit highlights the role of private credit in the energy transition and the use of ESG financing tools to build value and resilience at our portfolio companies.
One-on-One with Dwight Scott: The Loan Market in an Era of Rising Rates
In an environment marked by rising rates and increased volatility, Dwight Scott, Global Head of Credit, discusses the evolution of the institutional loan market and how Blackstone is positioned.
PRIVATE DEBT INVESTOR
Blackstone Credit Wins Five 2021 PDI Awards
Blackstone Credit received several honors in the 2021 PDI Awards: Global Fund Manager of the Year, Global Responsible Investor of the Year, BDC Manager of the Year (Americas), Global CLO Manager of the year and Deal of the Year (Americas).
“Our capital enables transactions of all sizes, helps stabilize viable businesses and allows companies to grow while producing attractive returns for our investors.”DWIGHT SCOTT
GLOBAL HEAD OF CREDIT