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Marshall, a 17-year direct lending lead, promoted by Blackstone amidst thriving credit arm operations.

Blackstone, one of the world’s leading investment firms, has recently announced the promotion of Marshall, a 17-year direct lending lead, amidst the thriving credit arm operations. The move is a testament to Marshall’s exceptional leadership skills and his contribution to the growth of Blackstone’s credit business.

Marshall joined Blackstone in 2004 and has been instrumental in building the firm’s direct lending business. Under his leadership, the direct lending team has grown to become one of the largest and most successful in the industry. The team has invested over $50 billion in direct lending transactions across various sectors, including healthcare, technology, and energy.

Blackstone’s credit business has been thriving in recent years, driven by the increasing demand for alternative sources of financing. The firm’s credit arm manages over $150 billion in assets and has delivered strong returns for its investors. The credit business includes direct lending, distressed debt, mezzanine financing, and other credit-related strategies.

Marshall’s promotion is a recognition of his contribution to the success of Blackstone’s credit business. He will now oversee the firm’s global direct lending platform, which includes over 100 investment professionals across North America, Europe, and Asia. In his new role, Marshall will focus on expanding the direct lending business and delivering strong returns for Blackstone’s investors.

The promotion of Marshall comes at a time when Blackstone is looking to capitalize on the growing demand for alternative sources of financing. The COVID-19 pandemic has disrupted traditional lending channels, leading to an increase in demand for private credit. Blackstone is well-positioned to take advantage of this trend, given its strong track record in direct lending and other credit-related strategies.

In conclusion, Marshall’s promotion is a testament to his exceptional leadership skills and his contribution to the growth of Blackstone’s credit business. His appointment as the head of the global direct lending platform is a strategic move that will help Blackstone capitalize on the growing demand for alternative sources of financing. With Marshall at the helm, Blackstone’s direct lending business is poised for continued success in the years to come.

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