Blackstone, Legal & General Sign Up to $20 Billion Private-Credit Partnership
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 10 2025
0mins
Source: WSJ
Partnership Announcement: Blackstone and Legal & General have formed a private-credit partnership potentially valued at $20 billion.
Investment Strategy: The deal allows Legal & General's annuities business to access U.S. investment-grade assets through Blackstone’s lending platform, with plans to invest up to 10% of new business flows into this initiative.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
