Blackstone Secured Lending Fund is a closed-end business development company (BDC) that is externally managed by Blackstone Private Credit Strategies LLC and invests according to Blackstone's credit and lending strategies. The fund generates revenue through management fees and performance-based incentive fees charged to investors, while providing investors with exposure to secured lending opportunities and credit assets aligned with Blackstone's investment approach. The company operates under SEC exemptive relief allowing co-investment with affiliated Blackstone entities and other regulated funds, with investment opportunities allocated proportionally among participating entities based on available capital.
| USD millions | FY2025 |
|---|---|
| Net Income | 563 |