BXSLBlackstone Secured Lending Fund

Blackstone Secured Lending Fund is a business development company focused on providing financing to private U.S. companies through primarily first lien senior secured loans. The fund’s portfolio is concentrated in floating-rate debt investments, with exposure across a broad mix of industries and issuers, which helps it play a central role in the private credit market. It is externally managed by Blackstone Private Credit Strategies LLC and is structured as a non-diversified, closed-end investment company. Blackstone Secured Lending Fund primarily seeks to generate current income by originating or purchasing secured loans, including unitranche and other senior secured debt, while emphasizing lender protections and disciplined credit selection. Its business model makes it a significant participant in direct lending to middle-market borrowers that often rely on private capital rather than public bond markets.