Blackstone Raises $1B for Private Credit Continuation Fund

Key Facts

1Blackstone raised approximately $1 billion for a private credit continuation fund, allowing existing investors to exit while retaining the underlying loans.

Blackstone Inc. raised approximately $1 billion for a private credit continuation fund, Benzinga reported. The fund is designed to allow existing investors in older credit vehicles to exit and obtain liquidity while the company retains management of the underlying loan portfolios.

The successful fundraising reflects a growing trend in the secondary market for private assets and demonstrates the firm's leadership in providing new liquidity tools for limited partners. BX closed at $112.68 on October 8, 2026, having reached a day high of $112.9 during that session.