Crown Partners served as exclusive financial advisor to Blackstone Credit & Insurance (BXCI) in the formation and launch of SablePointe Credit Strategies, a newly established platform focused on asset-based and first-out direct lending credit strategies.
“Crown provided deep industry research, extensive support and thoughtful leadership throughout the process,” James Garlick, president of SablePointe Credit Strategies, said. “They are trusted advisors in every sense of the term.”
SablePointe will support BXCI in sourcing, structuring and managing senior secured asset-based and first-out credit facilities for corporate borrowers, drawing on the longstanding sponsor and intermediary relationships of the BXCI and SablePointe teams.
