Private credit's golden run to continue post-rate cut, says Blackstone CEO

Private credit's golden run to continue post-rate cut, says Blackstone CEO

Stephen Schwarzman, Chairman, CEO and Co-Founder of Blackstone

Private credit continues to enjoy “golden” moment after the recent interest rate cut in the U.S., Blackstone CEO Stephen Schwarzman told Nikkei in an interview, anticipating strong borrowing demand in the corporate sector.