Blackstone’s GSO targets $7.5bn for mezzanine debt fund: Reuters

Blackstone's credit arm GSO Capital Partners is seeking to raise $7.5 billion for its fourth subordinated debt fund, reported Reuters.

Blackstone’s credit arm GSO Capital Partners is seeking to raise $7.5 billion for its fourth subordinated debt fund, reported Reuters. The fund will invest between $100 million and $450 million of mezzanine debt in North American and Western European businesses that have enterprise values between $500 million and $5 billion.

Source: Reuters