Blackstone Credit Systematic Strategies (formerly DCI) is an asset management firm specializing in investment grade and high yield corporate credit strategies. The firm manages long-only and long/ short strategies for some of the world‘s largest institutional and private wealth investors.
Blackstone Credit Systematic Strategies deploys a fundamental based, systematic approach seeking to exploit potential inefficiencies in the corporate credit markets. The firm offers daily dealing funds including regulated UCITS V compliant funds, offshore funds, onshore funds, and custom managed accounts. The cofounders‘ achievements include the creation of the world‘s first equity index fund at Wells Fargo in 1971, cofounding Dimensional Fund Advisors in 1981 and cofounding KMV in 1989. While at KMV between 1989 and 2002, a group of DCI‘s founders and principals developed the world‘s first credit default probability model. This model was empirically shown to predict corporate defaults with more precision and accuracy than any previous methods.
After Moody‘s acquired KMV, the team co-founded DCI in 2004 with the singular objective of creating well-diversified portfolios that seek to produce consistent, low-volatility alpha. On December 18, 2020, The Blackstone Group Inc. acquired DCI, LLC which has become a part of Blackstone Credit the creditfocused business of Blackstone. DCI, LLC was subsequently renamed Blackstone Credit Systematic Strategies LLC.