Credit & Insurance
AUM Across Blackstone’s Credit Platform[1]
$453B
Issuers Across Portfolios[2]
4,800+
Sponsor/Advisor Relationships[2]
400+
Note: All figures as of December 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.
WHAT WE DO
We invest across the credit markets, managing leading strategies that target sectors with strong fundamentals.
Incumbency
Innovation
Expertise
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.
Private Corporate Credit
Liquid Corporate Credit
Infrastructure and Asset Based Credit
Real Estate Credit
3. Numbers presented are since inception of the Value Creation program in 2016. Data presented is based on internal Blackstone data recorded and not from financial statements of portfolio companies. Represents the sum of (a) estimated identified total cost reduction at the time cost is benchmarked with portfolio companies multiplied by the average enterprise value multiple across the portfolio, by finding the mean of the enterprise value multiples at time of BXCI’s initial investments, and (b) total revenue from introductions across Blackstone portfolio companies multiplied by EBITDA margin and multiple at investment of the portfolio company, with the exception of significantly longer term projects (projects that are greater than or equal to 10 years in project duration) in which total revenue is multiplied by EBITDA margin. The number is presented for illustrative purposes and does not reflect actual realized proceeds to BXCI, to a fund, or to the equity sponsor or the company, and there can be no assurance that realized proceeds received by Blackstone or any investor in a Blackstone fund will be increased as a result.
Blackstone Insurance
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
McKinsey: Gilles Dellaert on Private Credit and Insurance
Gilles Dellaert, Global Head of Credit & Insurance, discusses the evolution of the credit and insurance markets and the future of BXCI.
Jon Gray on the Private Credit Markets
Jon Gray, Blackstone President & COO, believes private credit reduces risk in the system because of its lower leverage and better duration matching.
Zawadzki Sees M&A Rebounding
Chief Investment Officer for Credit & Insurance Michael Zawadzki identifies the ingredients he believes will fuel M&A activity in 2025.
Dellaert On Why Private Credit Is Here to Stay
Global Head of Credit & Insurance Gilles Dellaert shares with Bloomberg why – despite potentially lower rates – he believes we’re still in the early days of a secular shift to private credit.
How Rate Cuts Can Drive Direct Lending Activity
Falling interest rates can spark more M&A activity – which in turn creates opportunity for direct lending, explains Blackstone Credit & Insurance’s Chief Investment Officer Michael Zawadzki.
Blackstone’s Zawadzki on the Rapid Growth of Private Credit
Michael Zawadzki, Blackstone Credit & Insurance’s Chief Investment Officer, shares why we believe the private-lending industry is still in early stages.
