NEW YORK – Blackstone (NYSE: BX) announced that the U.S. Securities and Exchange Commission has declared effective the Blackstone Private Multi-Asset Credit and Income Fund (BMACX).
BMACX is designed to provide individual investors with a private multi-asset credit solution, offering access to strategies across Blackstone’s $453 billion credit platform through an interval fund structure. The fund will invest in private corporate credit, asset-based and real estate credit, structured credit, and liquid credit.
BMACX builds on Blackstone’s track record of delivering private credit solutions to individual investors, following the introduction of dedicated direct lending vehicles in 2018.
Gilles Dellaert, Global Head of Blackstone Credit & Insurance, said:
“BMACX brings the full power of Blackstone’s credit platform to investors in a single fund. This multi-asset approach serves as a core portfolio building block, tapping into the expanding private credit markets, which we believe can offer enhanced yield with less volatility than traditional fixed income.”
Joan Solotar, Global Head of Blackstone Private Wealth Solutions, added:
“With this innovative product, BMACX further expands our private credit investment solutions tailored for individual investors. Now, alongside our private equity, infrastructure, and real estate strategies, Blackstone can serve as a one-stop solution for advisors seeking comprehensive alternative investment opportunities.”
Heather von Zuben, Chief Executive Officer of BMACX, noted:
“We have designed BMACX with daily subscriptions through an interval fund structure, low investment minimums, and immediate capital deployment. We believe this creates an investor-friendly way to access a wide variety of credit opportunities.”
Blackstone expects BMACX to be available for purchase in the second quarter of 2025.
