NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) today announced that it has agreed to acquire DCI, a pioneer in quantitative credit investing with approximately $7.5 billion in AUM across the global ...

Blackstone has agreed to acquire DCI, an independent asset management firm focused on credit investing. No financial terms were disclosed. At the closing, DCI will become part of Blackstone Credit.

Blackstone Group Inc. is adding some quant firepower in the biggest deal by its credit unit in almost a decade. The investing titan acquired technology-driven credit investing firm DCI, which oversees ...

When Tim Kasta, CEO of DCI, first met Blackstone Credit’s Dan Smith in the summer of 2019, he pitched Smith on the idea of subadvising investments for the firm’s growing insurance business. Blackstone ...