Deals
Blackstone Names Scott GSO President, Deepening Credit Bench
- ‘We always want to have a player-coach model’: Bennett Goodman
- Firm promotes new energy co-heads; Scott to focus more broadly
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Blackstone Group LP promoted Dwight Scott, head of its energy debt practice, to president of its credit unit as it lays the groundwork for future leadership.
Scott, 53, will remain involved in energy credit investing but will also focus more on various parts of the unit, known as GSO Capital Partners, co-founder Bennett Goodman said in an interview Monday. The shift will allow co-founder Tripp Smith to focus more on distressed-debt opportunities, Goodman said. He and Smith will continue to oversee the business.