Sep 08, 2022

Blackstone Opportunistic Credit?

Was hoping someone on this forum would know something about Blackstone's Opportunistic Credit group. Seems like whatever I can find on their strategy is somewhat vague.

Any insight on comp, culture, and/or hours too would be much appreciated!

12 Comments
 

Group doesn’t really exist anymore. Got rolled into liquid credit. BX is out of the strategy 

 

90% of the people are gone. The group didn’t perform well (look at Blackstone’s IR decks….). I don’t think anyone in that team was from the Blackstone opportunistic credit or distressed team. From what someone who works at Blackstone told me, they don’t do their own work and it’s really a PM just joining along what the liquid or private credit team is doing. 

 

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