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.
AUM Across Blackstone’s Credit Platform1
$400B+
Issuers Across Portfolios2
4,500+
Sponsor/Advisor Relationships2
350+
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.
WHAT WE DO
We invest across the credit markets, managing leading strategies that target sectors with strong fundamentals.
Incumbency
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.
Innovation
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.
Expertise
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.
The Blackstone Value Creation Program
The Blackstone Value Creation Program
We strive to be not just a capital provider but a capital partner, equipping borrowers with tools – from procurement to cybersecurity to operations – to help them unlock their potential. The program has generated approximately $5 billion in total illustrative value creation across the BXCI portfolio.3
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 values 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. The number is presented for illustrative purposes and does not reflect actual realized proceeds to BXCI 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
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.
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.
Pension Plans are in ‘Beginning Stages’ of Multi-Asset Private Credit
Blackstone’s CIO of Credit & Insurance, Michael Zawadzki, sees a massive addressable market in private investment-grade credit that could reach over $25 trillion.
One-on-One with Gilles Dellaert: More Than Just a Moment in Time for Private Credit
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.
“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.”