Blackstone Insurance Solutions expanding both their reach and team

The group is pushing forward with senior hires as its ‘esoteric’ credit products have gained traction in the market.

Blackstone further built out its insurance division with two fresh hires this week, as insurance clients are drawn to the firm’s suite of credit products.

The New York-based firm has seen particular interest in “esoteric” investment-grade asset-based securities alongside mortgage loans and private credit and structured credit strategies, a source familiar with the situation told Private Debt Investor.