Blackstone Credit is a credit-oriented alternative asset manager, with a focus on delivering attractive risk-adjusted returns and capital preservation for their clients. Blackstone Credit provides financial solutions such as leveraged loans, high yield bonds, distressed debt, mezzanine lending, and rescue financing. The company also manages capital on behalf of insurance companies, banks, pension funds, endowments, foundations, family offices, and funds of funds. Founded in 2005, they have a global footprint with offices in New York, London, Dublin, and Houston. the firm caters to a wide array of industries such as apparel and accessories, information technology services, commercial transportation, telecommunication, software, industrial suppliers and parts, biotechnology, commercial services, biotechnology, pharmaceuticals, personal products, media, and many others. GSO Capital Partners changed its name to "Blackstone Credit".