Blackstone Appoints Marshall as Head of 17-Year Direct Lending Business Amid Booming Credit Unit Activity

Blackstone, one of the world’s largest private equity firms, recently announced the appointment of Marshall as the head of its 17-year direct lending business. This move comes amid a period of booming activity in the firm’s credit unit.

Marshall has been with Blackstone since 2011 and has been instrumental in the growth of the firm’s direct lending business. He has been responsible for leading the origination, structuring, and execution of investments in a variety of sectors, including technology, healthcare, and energy. He has also been involved in the development of Blackstone’s credit platform, which includes private debt funds, direct lending, and other credit products.

The appointment of Marshall as head of the direct lending business is a testament to Blackstone’s commitment to providing innovative financing solutions to companies across a range of industries. The firm has seen tremendous growth in its credit unit over the past few years, with assets under management increasing from $6.5 billion in 2016 to $19.5 billion in 2020.

The appointment of Marshall is also indicative of Blackstone’s focus on providing tailored financing solutions to companies that may not be able to access traditional sources of capital. The firm has a long history of providing flexible financing solutions to companies across a range of industries, including healthcare, energy, and technology.

Blackstone’s direct lending business has been a key driver of growth for the firm over the past few years. With Marshall at the helm, the firm is well-positioned to continue to provide innovative financing solutions to companies across a range of industries. This move is sure to be beneficial for both Blackstone and its clients.

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