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BG Investment Services
BG Investment Services is the family office of Bennett Goodman, co-founder of GSO Capital Partners.
BG Investment Services
Bennett Goodman established BG Investment Services following his tenure at Blackstone, where he served as a senior managing director and co-head of GSO Capital Partners. GSO, which Goodman co-founded in 2005, grew to manage over $150B in assets and was acquired by Blackstone in 2008. The family office manages the personal fortune Goodman generated from building one of the largest credit platforms in alternative asset management. The firm's investment strategy centers on credit and special situations, with a focus on direct lending, distressed debt, structured credit, and private equity co-investments. BG Investment Services targets both performing and distressed credit, as well as opportunistic real estate and event-driven strategies. Known deals include co-investments alongside Blackstone and other large alternative managers, though specific portfolio companies are not publicly disclosed. The firm maintains a North American focus. Goodman operates a lean team, typical for a single-family office serving a principal who remains active in direct investing and advisory roles. He also sits on the board of several financial institutions and philanthropic organizations. A recent operational event: In 2024, Goodman stepped down from his role as non-executive chairman of GSO Capital Partners, signaling a shift in focus toward his family office (per Bloomberg, January 2024). A key structural differentiator: Goodman built his family office out of one of the largest credit platforms in private markets, giving him unique sourcing and co-investment access through his Blackstone and GSO relationships. This hybrid posture—neither a pure multi-family office nor a standard family office—allows BG Investment Services to operate with institutional-grade wisdom while retaining single-family agility.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
—
Corporate office
United States
Principals
Bennett Goodman
Founder and Managing Principal
Sector focus
Frequently asked questions
Who runs investment decisions at BG Investment Services?
Bennett Goodman is the founder and managing principal, making all key investment decisions. He previously co-founded GSO Capital Partners and served as a senior managing director at Blackstone.
What is the investment focus of BG Investment Services?
The firm focuses on credit-oriented investments, including direct lending, distressed debt, structured credit, and special situations. It also participates in private equity co-investments and opportunistic real estate.
How is BG Investment Services related to GSO Capital Partners and Blackstone?
Bennett Goodman co-founded GSO Capital Partners in 2005, which Blackstone acquired in 2008. BG Investment Services is an independent family office managing Goodman's personal wealth, separate from GSO or Blackstone.
Does BG Investment Services invest in external funds or only direct deals?
The firm engages in both direct investments and fund commitments. It has co-invested alongside Blackstone and other institutional managers, though specific holdings are not publicly reported.
Where does the underlying wealth of BG Investment Services come from?
The wealth originates from Bennett Goodman's career as a co-founder of GSO Capital Partners, which he built into one of the largest credit-focused alternative asset managers and later sold to Blackstone (per public record).
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