1. Blackstone's BCRED Fund Expands $450M CLO Deal, Signaling Private Credit Demand
Blackstone's flagship private credit fund, BCRED, has successfully priced and upsized a new collateralized loan obligation (CLO) deal, raising the total to $450 million. The transaction, which was increased by $50 million from its initial target, indicates robust investor appetite for private credit assets in a complex...