Inside the drama at Blackstone's $129 billion credit division, where pay changes, PR black eyes, and disapproval of its internal hedge fund preceded an exodus in distressed trading

A slew of talented distressed investors defected from Blackstone in recent years. Now, rival funds are raising billions amid the economic upheaval.

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Inside the drama at Blackstone's $129 billion credit division, where pay changes, PR black eyes, and disapproval of its internal hedge fund preceded an exodus in distressed trading A slew of talented distressed investors defected from Blackstone in recent years. Now, rival funds are raising billions amid the economic upheaval. Read More »

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