Blackstone Grows Asset-Based Lending With New Unit, Taps Garlick
Blackstone Inc. rolled out a platform to lend against physical assets like inventory and equipment, as alternative asset managers increasingly muscle into territory long dominated by banks.
By Rene Ismail, Scott Carpenter · Bloomberg Markets
Blackstone Inc. rolled out a platform to lend against physical assets like inventory and equipment, as alternative asset managers increasingly muscle into territory long dominated by banks.