NEW YORK–(BUSINESS WIRE)–Blackstone (NYSE: BX) today announced that its global credit platform, GSO Capital Partners (GSO), has hired Dan Oneglia as a Senior Managing Director and Co-Head of its Distressed Investing business. Mr. Oneglia joins from Goldman Sachs where he spent 20 years, and most recently served as a Portfolio Manager and Head of Multi-Strategy Investing in the Americas Special Situations Group. He started his career in the Debt Capital Markets group at Goldman before joining the Multi-Strategy Investing team in 2004.
Dwight Scott, President of GSO, said: “Dan’s experience in distressed credit and his approach to the broader debt markets make him an ideal fit for GSO. His addition will complement our already strong team and is another step as we look to build upon this important part of our business.”
David Posnick, Co-Head of Distressed Investing at GSO, said: “I’m excited to welcome Dan to Blackstone and look forward to working closely with him on growing our platform. With his addition and a number of other recent hires, we are well positioned to continue our leadership in these strategies.”
Blackstone is one of the world’s leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our asset management businesses, with $512 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.
About Blackstone GSO
GSO Capital Partners LP is the global credit investment platform of Blackstone. Our credit segment, which consists principally of GSO, has approximately $132 billion of assets under management. GSO is one of the largest alternative managers in the world focused on the leveraged-finance, or non-investment grade related, marketplace. GSO seeks to generate attractive risk-adjusted returns in its business by investing in a broad array of strategies including mezzanine debt, distressed investing, leveraged loans and other special-situation strategies. Its funds are major providers of credit for small and middle-market companies and they also advance rescue financing to help distressed companies.