Blackstone announced that Tyler Dickson, formerly Global Head of Investment Banking and Vice Chair of Banking & International at Citi, will join Blackstone Credit & Insurance (āBXCIā) in a newly created role leading client relations for the group.
Dickson will oversee BXCIās Institutional Client Solutions team, serving our investors globally, and more broadly partner on BXCI’s origination efforts with borrowers around the world.
Gilles Dellaert, Global Head of BXCI, said: āTyler has incredible insights, experience and relationships from his three decades in the industry. He will be an important part of our mission to serve clients and borrowers seamlessly across the full credit spectrum.ā
Jon Gray, President & COO of Blackstone, added: āThis announcement adds to the exceptional momentum of our BXCI business, driven by strong demand from institutional, insurance and private wealth clients. Tyler will help us build a one-stop solution across corporate and asset-based, as well as investment grade and non-investment grade, private credit.ā
Most recently, Dickson was Global Head of Investment Banking, Vice Chair of Banking & International, and an Operating Team member at Citi. He led investment banking activities including mergers and acquisitions, equity and debt capital raising, structured finance and syndicated lending, supporting Citiās broader banking client base and international businesses in over 95 countries. In the past, Dickson held numerous markets and banking leadership positions including running corporate and investment banking, equity and debt capital markets, leveraged finance, structured finance and securitization businesses.
Tyler Dickson added: āIāve admired Blackstoneās innovation since leading the firmās IPO in 2007. Iām excited to join Gilles and the rapidly growing BXCI business which is remarkably well positioned to serve clients and borrowers at a time of extraordinary opportunity in private credit.ā
Credit & Insurance is Blackstoneās fastest-growing segment ā more than doubling to $330 billion in assets under management over the last three years. Blackstoneās market-leading businesses include: the largest BDC (BCRED), largest private credit energy transition fund (BGREEN), largest manager of CLOs and senior loans in the world, and the second-largest alternative manager of insurance assets. With Blackstoneās real estate debt business, the firm manages nearly $420 billion in credit assets in total (figures as of March 31, 2024).
BXCI announced earlier this year thatĀ Dan LeiterĀ will be joining as Head of International, leading activity and expansion in EMEA and APAC, andĀ Philip SherrillĀ will be joining as Global Head of Insurance, focusing on growing the firmās insurance platform which recently surpassed $200 billion in assets under management.
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