Blackstone Taps Vast Source of Cash in $1 Trillion Credit Push

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Blackstone Taps Vast Source of Cash in $1 Trillion Credit Push
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Like Apollo and KKR, the buyout giant is forging close ties with insurance firms as it hunts for new business and ready money. Regulators are starting to worry.

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Blackstone Plans $1 Billion-Plus Loan Backed by Flagship BetsBlackstone Plans $1 Billion-Plus Loan Backed by Flagship BetsBlackstone Inc. intends to borrow more than $1 billion against investments in an older private equity fund as a once-unorthodox form of lending gains traction among the biggest money managers.
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