Finance
Blackstone Bets on Growth in Private Credit Business Outside US
- Firm would like same scale in credit around world: Dellaert
- It eyes high-grade private debt, local-currency opportunities
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Blackstone Inc. is “doubling down” on opportunities in its international credit business, as it targets growth in a broader array of debt including local-currency investments, according the firm’s global credit head.
“There’s a lot more to do for us in Europe and in Asia,” Gilles Dellaert, global head of credit & insurance at Blackstone, said in an interview in Tokyo. “We want to ensure that we’re of the same scale and breadth everywhere around the world.”