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Marshall, Blackstone’s 17-Year Direct Lending Lead, Promoted Amidst Increased Activity in the Credit Arm

Marshall, Blackstone’s 17-Year Direct Lending Lead, Promoted Amidst Increased Activity in the Credit Arm

Blackstone, one of the world’s leading investment firms, has recently promoted Dwight Scott to the position of President of GSO Capital Partners. GSO Capital Partners is the credit arm of Blackstone, and Scott has been leading the firm’s direct lending business for the past 17 years. This promotion comes amidst increased activity in the credit arm, as Blackstone seeks to expand its presence in the credit markets.

Direct lending is a type of financing where a lender provides a loan directly to a borrower, without the involvement of a traditional bank or financial institution. This type of financing has become increasingly popular in recent years, as borrowers seek alternative sources of funding and investors look for higher returns than those offered by traditional fixed-income investments.

Blackstone’s direct lending business has been a key part of its credit arm for many years. Under Scott’s leadership, the firm has built a strong track record of investing in middle-market companies and providing financing for leveraged buyouts. The firm has also been active in the real estate market, providing financing for commercial properties and other real estate projects.

In recent years, Blackstone has been looking to expand its presence in the credit markets. The firm has been raising capital for new credit funds and has been actively seeking new investment opportunities. This increased activity has led to the promotion of Scott to the position of President of GSO Capital Partners.

As President, Scott will be responsible for overseeing all aspects of GSO Capital Partners’ business, including its direct lending business. He will also be responsible for managing the firm’s relationships with investors and developing new investment opportunities.

Scott’s promotion comes at a time when the credit markets are facing significant challenges. The COVID-19 pandemic has led to a sharp increase in defaults and bankruptcies, and many investors are looking for safe havens for their capital. However, Blackstone’s strong track record and reputation for prudent risk management make it an attractive option for investors looking for exposure to the credit markets.

In conclusion, Dwight Scott’s promotion to the position of President of GSO Capital Partners is a significant development for Blackstone’s credit arm. With increased activity in the credit markets and a growing demand for alternative sources of financing, Blackstone’s direct lending business is well-positioned to continue its strong performance under Scott’s leadership. Investors looking for exposure to the credit markets should consider Blackstone’s credit funds as a potential investment opportunity.

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