Remove 2015 Remove Collateral Remove Passive Investors
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Private Credit, Meet “Higher for Longer”

Blackstone

From March 2009 when the S&P 500 traded at 13x earnings to August 2020 when it peaked at 23x, a passive investor in the market earned 16% per annum. From 2015 to 2023, a portfolio that added a 20% allocation to private credit reduced volatility, increased annualized returns, and added 140 basis points of income.