trending Market Intelligence /marketintelligence/en/news-insights/trending/SZP9eYaa3W_cMFKcsk_cdQ2 content esgSubNav
In This List

GSO Capital fund closes acquisition of $2.4B investment portfolio from NewStar

Blog

Spotlight on sustainability: How banks can overcome the challenges of achieving net-zero emissions by 2050

Blog

Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears

Podcast

Street Talk | Episode 100 - KBW CEO offers optimism for bears fearful of bank liquidity, credit

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


GSO Capital fund closes acquisition of $2.4B investment portfolio from NewStar

GSO Capital Partners LP-sponsored GSO Diamond Portfolio Fund LP on Dec. 22 closed the acquisition of about $2.4 billion in corporate loans and other credit investments from NewStar Financial Inc.

Following the asset sale, First Eagle Investment Management LLC acquired NewStar.

GSO Capital Partners engaged First Eagle and the former NewStar team to assist in servicing the assets acquired by the fund.

GSO Capital Partners is the global credit investment platform of Blackstone Group LP.