Blackstone Names Oron Senior Managing Director to Lead New Office in Israel

Blackstone hired Yifat Oron, previously the CEO of LeumiTech, to head the firm’s new office in Tel Aviv, Israel, as senior managing director. Oron will lead Blackstone’s growth and tech investments in Israel for Blackstone Growth and assist with other investing efforts.

April 26, 2021 Blackstone | Blackstone Growth | Dan Gillerman | Jon Korngold | JPMorgan Chase | LeumiTech | Stephen A. Schwarzman | Vertex Venture Capital | Yifat Oron Ian Koplin

Funds Managed by Blackstone Acquire DESOTEC

Private equity funds managed by Blackstone have agreed to acquire DESOTEC, a European environmental services company, from EQT.

March 19, 2021 Blackstone | DESOTEC | Jürgen Pinker | Mario Hertegonne Rita Garwood

Citi and Goldman Sachs Close Debt Financing for Blackstone’s Acquisition of Interior Logic

Citi and Goldman Sachs provided debt financing for Blackstone’s acquisition of Interior Logic Group.

February 2, 2021 Alan Davenport | Alston & Bird | Bank of America Securities | Blackstone | Citi | Goldman Sachs | Interior Logic Group | Jacob Kotzubei | Kirkland & Ellis | Littlejohn | Platinum Equity | RBC Capital Markets | Seth Meisel | Steven Raich | Todd Golditch | Vikram Suresh Phil Neuffer

SPCM Provides Exit Financing for Centric Brands’ Chapter 11 Emergence

Centric Brands emerged from voluntary Chapter 11 proceedings. Sound Point Capital Management provided exit financing to the company, while Ropes & Gray, PJT Partners and Alvarez & Marsal served as legal, financial and restructuring advisors, respectively.

October 13, 2020 Alvarez & Marsal | Ares Management Corporation | Blackstone | Centric Brands | HPS Investment Partners | Jason Rabin | PJT Partners | Ropes & Gray | Sound Point Capital Management Ellie Delany

GSO Capital Partners Funds Blackstone’s New Portfolio Company with $250MM

GSO Capital Partners committed $250 million in capital to Blackstone’s new portfolio company, ClearGen, which will finance and own distributed and sustainable energy infrastructure assets focused on commercial, industrial and institutional customers.

September 18, 2020 Blackstone | ClearGen | Collin Franceschi | George Plattenburg | GSO Capital Partners | Rob Camacho | Robert Horn Phil Neuffer

Fuller Joins Blackstone/GSO Secured Lending Fund’s Board of Trustees

Vicki L. Fuller, former chief investment officer of the New York State Common Retirement Fund and AllianceBernstein executive, joined Blackstone/GSO Secured Lending Fund’s board of trustees.

August 28, 2020 Blackstone | Blackstone/GSO Secured Lending Fund | Brad Marshall | GSO Asset Management | GSO Capital Partners | Vicki L. Fuller Phil Neuffer

Blackstone Hires Former Amazon Executive Feng as Senior Managing Director

Blackstone hired Christine Feng, a former senior executive at Amazon focused on mergers and acquisitions, to the firm as senior managing director.

August 4, 2020 Blackstone | Christine Feng | David Blitzer | Dwight Scott | GSO Capital Partners | Tactical Opportunities Phil Neuffer

GSO/Blackstone Adds Post to Closed-End Fund Portfolio Management Team

GSO/Blackstone Debt Funds Management added Robert Post as a portfolio manager of the funds. Post is a principal and a portfolio manager at GSO with nine years of industry experience.

August 3, 2020 Blackstone | Gordon McKemie | GSO Capital Partners | Robert Post | Robert Zable Phil Neuffer

Blackstone/GSO Closed-End Funds Declare Monthly Distributions

GSO/Blackstone Debt Funds Management, an affiliate of GSO Capital Partners, announced monthly distributions for three closed-end funds it advises.

June 11, 2020 Blackstone | GSO Capital Partners Phil Neuffer

Blackstone, Ares, HPS to Provide $435 DIP to Centric Brands

Centric Brands entered into a restructuring support agreement, led by certain funds managed by Blackstone, Ares Management, and HPS Investment Partners, to recapitalize the company and provide $435 million in debtor-in-possession financing.

May 18, 2020 Alvarez & Marsal | Ares Management | Blackstone | Centric Brands | Dechert | HPS Investment Partners | Jason Rabin | PJT Partners | Ropes & Gray Phil Neuffer