Bonds

Blackstone’s Dwight Scott to Retire After Building Credit Colossus

  • Now chairman of BXCI, he joined through 2008 GSO acquisition
  • Assets grew to $330 billion during tenure as remit expanded
Dwight ScottSource: Bloomberg
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Dwight Scott, who helped build Blackstone Inc.’s credit operation into a $330 billion behemoth, is retiring from the firm, according to an internal memo seen by Bloomberg.

Scott, 61, came to Blackstone in 2008 through its acquisition of GSO Capital Partners, an asset-management firm that jumpstarted its credit business.