Market Chatter: Blackstone Raises About $14.62 Billion for European Direct Lending Fund

05:00 AM EST, 11/04/2026 (MT Newswires) -- Blackstone (BX) has raised about 13 billion euros ($14.62 billion) for its European direct lending strategy, completing its fourth fund targeting mid-market and upper-mid-market borrowers in the region, Bloomberg News reported Wednesday, citing a statement. Pension funds, sovereign wealth funds and insurance companies are still committing capital to direct lending strategies run by major managers despite turbulence in parts of the private credit market this year, the news outlet reported. Institutional investors remain interested in private credit as they take a long-term view and prioritize contractual cash yield over liquidity, Bloomberg News reported. Blackstone did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)