Blackstone's GSO Raising Energy-focused Credit Fund
January 28, 2015
GSO Capital Partners, the credit arm of Blackstone, is reportedly raising an energy-focused credit fund between $500 million and $1 billion to invest in traded debt securities. This wouldn't be the only way Blackstone could target opportunities in distressed energy assets as oil prices plummet. Earlier this week it was reported the firm has completed fundraising for its Blackstone Energy Partners II fund with $4.5 billion in commitments.