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Blackstone Private Credit Fund Co-CEO Jonathan Bock Resigns

Jul 24, 2026 | Markets, Private Credit

Jonathan Bock, co-chief executive officer of Blackstone Inc.’s flagship $78 billion private credit fund, is leaving the firm, according to a filing Friday. Bock, who joined three years ago, resigned on July 20, the firm said. Blackstone won’t replace his role, with...

Wellington, Vanguard, and Blackstone Announce the Launch of Two Investment Solutions, Simplifying Access to Public and Private Markets

Jul 22, 2026 | Markets, Private Credit, Private Markets

Funds available at launch through Bank of America wealth management platforms BOSTON & VALLEY FORGE, Pa. & NEW YORK–(BUSINESS WIRE)–Wellington Management (“Wellington”), Vanguard, and Blackstone (NYSE: BX) today announced the launch of two new...

Blackstone Debuts Funds to Bring Private Markets to Main Street

Jul 22, 2026 | Markets, Private Credit, Private Markets

Blackstone Inc. teamed up with Wellington Management Co. and Vanguard Group to create two new funds that will give individual investors access to private assets as it looks to go beyond its roots as a money manager for pensions and institutions to become more of a...

Apollo Likens Risky Private Credit to Mere ‘Sprinkle’ on Cupcake

Jul 17, 2026 | Markets, Private Credit

Apollo Global Management Inc. is using a new confectionary-based metaphor to reiterate its longstanding claim that investors are vastly underestimating how much of the private-credit market carries an investment-grade rating. In a LinkedIn post this week that featured...

Private Credit Keeps $14 Billion Trapped in Bid to Outlast Storm

Jul 2, 2026 | Markets, Private Credit

Ahead of reporting their second-quarter results, private credit managers acknowledged a sobering reality: The redemption wave engulfing the $1.8 trillion market was unlikely to abate swiftly. Now, as the last half of 2026 gets underway, direct lenders are realizing...

BlackRock’s Tseng to Exit as CEO of Troubled Private Credit Fund

Jul 1, 2026 | Markets, Private Credit

The head of BlackRock Inc.’s beleaguered private credit fund is in the process of leaving the firm, a move that follows months of losses on soured loans and revelations of a US regulatory probe into the unit’s valuation practices. Phil Tseng, chief executive officer...
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