Inside Blackstone’s $150bn private credit business

Talking Heads 2023: Alts giant has around 10% of global market and hopes to expand its reach by porting quant insights from liquid credit

Credit: Timon Schneider/Alamy/ montage

This article is the second in a five-part series of interviews with people shaping the future of the credit markets. The others will be published here.

There are good reasons to fear the private credit boom is about to become a private credit bust.

The rising rates that have inflated returns from the sector’s floating rate loans are also hurting borrowers. Economic slowdown – and threat of recession – could choke off the earnings that companies need to pay down their debt. And the huge books

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here