Blackstone has set a goal to grow its total credit assets to $1 trillion in the next decade. To do so, the firm has made sweeping changes atop the unit. Gilles Dellaert, the new head of credit and insurance at the fund, says Blackstone can coexist with banks returning to lending markets, while the industry faces diverging fortunes as rates stay higher for longer. Dellaert spoke exclusively with Bloomberg's Dani Burger. Read more: https://www.bloomberg.com/news/articles/2024-04-26/blackstone-credit-chief-dellaert-downplays-rivalry-with-banks -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com/ for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Bloomberg Originals: https://www.youtube.com/channel/UCUMZ7gohGI9HcU9VNsr2FJQ Bloomberg Quicktake: https://www.youtube.com/channel/UChirEOpgFCupRAk5etXqPaA Bloomberg Espanol: https://www.youtube.com/channel/UCp6zvh6_oW2pXbk0gPSjzyg Bloomberg Podcasts: https://www.youtube.com/channel/UChF5O40UBqAc82I7-i5ig6A