Reported about 1 month ago
Blackstone and Apollo Global Management are increasingly targeting investment-grade loans, moving beyond their traditional focus on distressed debt. Blackstone has grown its investment-grade private credit assets significantly to over $90 billion, while Apollo's 'high grade capital solutions' has originated around $100 billion in recent years. With insurers seeking yield from private markets, both firms aim to capture more market share from traditional banks, offering businesses flexible lending options at competitive rates.
Source: YAHOO