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

Note: All figures as of September 30, 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

City Bridge Perspective

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

Private Corporate Credit

Liquid Corporate Credit

Infrastructure and Asset Based Credit

Real Estate Credit

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

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.

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.

Dellaert

“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