Blackstone and Legal & General Join Forces in Credit Investment

British insurer Legal & General partners with Blackstone in private credit, targeting U.S. market. L&G, managing 1.1 trillion pounds in assets, plans to invest billions in credit assets, enhancing annuities business. Finance firms like Citi and BlackRock are also expanding in private credit, meeting client demand for investment products.

Read more at Yahoo Finance: Blackstone and Legal & General agree private credit tie-up