Blackstone Credit launches asset-based lending platform

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Blackstone Credit launches asset-based lending platform

privateequitywire

2 weeks ago

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Blackstone is expanding its presence in asset-based finance with the launch of a dedicated platform focused on lending secured by physical collateral such as equipment, inventory, and other hard assets, according to a report by Bloomberg.
The report cites a company statement as revealing that the firm’s credit and insurance arm, Blackstone Credit & Insurance, has established a new strategy unit called SablePointe Credit Strategies, which will originate, structure, and manage senior secured a...

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