Blackstone bdc.

Jan 11, 2022 · BXSL is a welcome addition to the broader BDC sector. The company's strong credit portfolio profile, low debt interest expense, low level of PIK, and no non-accruals as well as a positive NII beta ...

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23 Feb, 2023, 16:15 ET. NEW YORK, Feb. 23, 2023 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with ...Nov 8, 2023 · August 10, 2023. Blackstone Secured Lending Fund (NYSE:BXSL) (the “Company” or “BXSL”) announced today that it has priced a public offering of 6,500,000 shares of its common shares of beneficial interest (“common shares”) for total gross proceeds of approximately $177.6 million. The price to the public was $27.33 per common share. Blackstone continued to lead alternative investment fundraising with $25.0 billion raised year-to-date. Its non-traded REIT, Blackstone Real Estate Income Trust, has raised $15.4 billion, while its perpetual-life BDC, Blackstone Private Credit Fund, has raised $9.6 billion.Sep 13, 2023 · Steve Schwarzman, Co-Founder, Chairman and CEO of Blackstone said: “We see the opportunity for BXCI, along with Real Estate Credit, to reach $1 trillion in the next ten years.” Jon Gray, President & COO of Blackstone, said: “Exceptional demand from our clients has made Credit and Insurance the fastest-growing segment at Blackstone.

Carlyle Secured Lending 3.7 Crescent Capital BDC, Inc. 40.2 Crescent Capital BDC, Inc. 32.0 BlackRock TCP Capital Corp. 3.6 Bain Capital Specialty Finance, Inc. 37.9 Blackstone Secured Lending Fund 30.4 TriplePoint Venture Growth BDC Corp. 3.3 Great Elm Capital Corp. 36.7 CION Investment Corporation 26.8Blackstone Secured Lending Fund. 345 Park Avenue 31st Floor New York, ... ( BDC ) under the Investment Company Act of 1940, as amended (the 1940 Act ). In addition, the Fund elected to be treated ...BXSL is a recently IPO'd private fund from Blackstone that has been delivering strong results for several years. The portfolio is almost entirely in floating-rate …

One of the largest managers of BDCs. FS/KKR serves as the investment adviser to FS KKR Capital Corp. (NYSE: FSK), a publicly listed BDC. The Advisor manages over $15 billion in assets under management as of September 30, 2023. FS/KKR seeks to leverage its size, scale and market reach to invest primarily in upper middle market companies. FS/KKR ...Source: Blackstone, September 2020. Created by Congress to encourage capital flow to small and middle market companies Bank consolidations and regulatory pressure allow BDCs to surface as an alternative source of capital Aggregate assets of total BDC market reach $111B, up from $4B in 2002. Gross BDC assets across structure reaches $121B2

By Chibuike Oguh and Herbert Lash. NEW YORK (Reuters) - Blackstone Inc limited withdrawals from its $69 billion unlisted real estate income trust (REIT) on Thursday after a surge in redemption ...Blackstone Private Credit Fund (“BCRED”) is a non-exchange traded business develo pment company (“BDC”) that expects to invest a t least 80% of its total assets (net assets plus borrowings for investment purposes) in private cred it investments (loans, bonds and other credit instruments that ar e issued in private offerings or issued byDBRS Morningstar views BCRED’s strong franchise as supported by, and reliant on, its external advisor, Blackstone Credit BDC Advisors LLC (the Advisor), an affiliate of Blackstone. Blackstone has a well-established investment management franchise with $159 billion dedicated to credit strategies and an investment track record …The Blackstone 22 Tabletop Griddle is a great tool for outdoor cooking. It’s perfect for tailgating, camping, and backyard barbecues. With its large cooking surface and two adjustable heat zones, it’s easy to cook up delicious meals for you...GSO Blackstone sub-advises four BDCs in the FS Investments fund family, one of which is listed and three of which are not. Combined, those four companies have roughly $14 billion in assets.

When BXSL was formed in 2018, Brad Marshall stated that Blackstone would lead the BDC market with best practices. And in my professional opinion, they've done exactly that. I'm thrilled to join ...

1 Total return of 10.9% annualized inception to date based on NAV. Total return is calculated as the change in NAV per share during the period, plus dividends per share (assuming dividends and distributions are reinvested in accordance with the Company's dividend reinvestment plan), divided by the beginning NAV per share.

August 12, 2022. - 9:56 am. Deals, Intelligence. Blackstone is to acquire a majority stake in CoreTrust, a bulk-buy specialist that controls how many businesses owned by private equity firms secure and pay for goods and services as varied as printers, pallets and postage, according to a report by PE Insights. The world’s largest alternative ...FS and KKR will offer a suite of what are known as BDC funds, typically closed-end funds that accept investors’ money and invest it in small- and medium-size companies. The combined funds will total $24 billion in assets, FS executives said. KKR takes the place of FS Investments’ sub-advisory agreement with Blackstone. FS will pay ...Dwight Scott, Global Head of Blackstone Credit, said: “Blackstone Credit and our BDCs have seen extraordinary growth over the past five years. Elevating Brad …BLACKSTONE PRIVATE CREDIT FUND . SUPPLEMENT NO. 5 DATED JANUARY 12, 2023 . ... Prior to joining Blackstone, Mr. Bock was the Chief Executive Officer of Barings BDC. In addition to this role, he served as the Co-Chief Executive Officer and President of Barings Private Credit Corporation, and Chief Financial Officer of Barings Capital …Photo: Amir Hamja/Bloomberg News. Blackstone Inc. towers over most of its private-equity peers with $731 billion in assets, but the firm has had a soft underbelly for years: its sluggish lending ...BXSL is externally managed by Blackstone Credit BDC Advisors LLC, an SEC-registered investment company that is an affiliate of Blackstone Inc. (formerly, The Blackstone Group Inc.).

Goldman Sachs BDC (GSBD) Tops Q2 Earnings and Revenue Estimates Aug. 3, 2023 at 7:05 p.m. ET on ... Blackstone Secured Lending Fund is a non-diversified closed-end investment company. Its ...The issue became a live one for BDCs last year when redemption requests at Blackstone’s perpetual non-traded BDC, Blackstone Private Credit Fund, were around the 5 percent limit. Meanwhile, some perpetual non-traded REITs – including Blackstone Real Estate Income Trust, KKR Real Estate Select Trust and Starwood Real Estate Income …BXC manages Blackstone Private Credit Fund (BCRED), a continuously offered non-trade BDC and Blackstone Secured Lending Fund (BXSL), a publicly traded BDC. This individual will work with the ...Blackstone is one of the world’s leading investment firms, with Total Assets Under Management of $880.9 billion as of December 31, 2021. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible ...Blackstone issued a full detailed presentation of its first quarter 2022 results, which can be viewed at www.blackstone.com. Dividend Blackstone has declared a quarterly dividend of $1.32 per share to record holders of common stock at the close of business on May 2, 2022. This dividend will be paid on May 9, 2022. Quarterly Investor Call DetailsKate Rubenstein is a Managing Director in Blackstone Credit and the Chief Operating Officer of North America Private Credit. Ms. Rubenstein serves as Chief Operating Officer of Blackstone Private Credit Fund (BCRED) and Blackstone Secured Lending Fund (BXSL). Since joining Blackstone in 2015, Ms. Rubenstein created and led the GSO Advantage …FS KKR is an average BDC that earns its dividend with adjusted NII. Read more to see why I think FSK offers better margin of safety at these levels. ... such as Blackstone Secured Lending or ...

Find the latest Blackstone Secured Lending Fund (BXSL) stock quote, history, news and other vital information to help you with your stock trading and investing. 1 Total return of 10.9% annualized inception to date based on NAV. Total return is calculated as the change in NAV per share during the period, plus dividends per share (assuming dividends and distributions are reinvested in accordance with the Company's dividend reinvestment plan), divided by the beginning NAV per share.

Sep 13, 2023 · Steve Schwarzman, Co-Founder, Chairman and CEO of Blackstone said: “We see the opportunity for BXCI, along with Real Estate Credit, to reach $1 trillion in the next ten years.” Jon Gray, President & COO of Blackstone, said: “Exceptional demand from our clients has made Credit and Insurance the fastest-growing segment at Blackstone. Steve Schwarzman, the founder of Blackstone—one of the world’s largest owners of commercial real estate—is doubling down on the asset class in which he …The Largest Publicly Traded Business Development Companies. A business development company (BDC) is a specific corporate structure for companies that provide capital to smaller and midsize ...1 Jun 2023 ... ... Blackstone. Jon Bock is a Senior Managing Director, co-CEO of the firm's two business development companies (BDCs), Blackstone Private ...NEW YORK, Dec 6 (Reuters) - Blackstone Inc (BX.N) said redemptions from its $50 billion non-traded business development company reached its pre-set limit for the …Jul 23, 2021 · Blackstone Private Credit Fund (“BCRED”) is a non-exchange traded business development company (“BDC”) that expects to invest at least 80% of its total assets (net assets plus borrowings for investment purposes) in private credit investments (loans, bonds and other credit instruments that are issued in private offerings or issued by ... Blackstone Private-Credit BDC Raised $32 Billion of Cash in 2021 Lender participated in 19 loans above $1 billion last year BCRED fund delivered 12.4% total net return to investors Outside the...

Mar 13, 2023 · When BXSL was formed in 2018, Brad Marshall stated that Blackstone would lead the BDC market with best practices. And in my professional opinion, they've done exactly that. I'm thrilled to join ...

Prior to joining Blackstone, Mr. Bock was the Chief Executive Officer of Barings BDC. In addition to this role, he served as the Co-Chief Executive Officer and President of Barings Private Credit Corporation, and Chief Financial Officer of Barings Capital Investment Corporation, Barings Corporate Investors, and Barings Participation Investors.

Blackstone Secured Lending (NYSE: BXSL) is a business development company (BDC) that primarily invests in the first lien senior secured debt of private U.S. companies. investor Resources. Q3 2023 Earnings Presentation.BXSL has 181 companies in the portfolio, vs. 132 for the median BDC in our coverage. Blackstone allocates to upper middle-market companies, such as the other larger BDCs ARCC and ORCC. There is ...BXSL is externally managed by Blackstone Credit BDC Advisors LLC, an SEC-registered investment company that is an affiliate of Blackstone Inc. (formerly, The Blackstone Group Inc.). Blackstone Inc ...BXSL is externally managed by Blackstone Credit BDC Advisors LLC, an SEC-registered investment adviser that is an affiliate of Blackstone Inc. (formerly, The Blackstone Group Inc.). Blackstone Inc., together with its subsidiaries, is the world’s largest alternative investment firm with approximately $915 billion of assets under …The quality of BX's private debt portfolio is mirrored in Blackstone Secured Lending fund investment-grade rating, rendering it one of the few Business Development Companies "BDC" to earn such a ...BDC - Debt Focused BDC. Data as of Dec. 1, 2023. Current. Market Price ...Blackstone Private Credit Fund is the industry’s first perpetual-life BDC and broke escrow on January 7, 2021. The fund is part of Blackstone Credit’s direct lending platform, which provides privately originated, senior secured, floating rate loans to U.S. and European middle market companies.Delivering for advisors and their clients. Private Wealth Solutions offers financial advisors the same discipline and foresight, that Blackstone has brought to institutional investors for nearly 40 years. We equip advisors with differentiated solutions designed by leading investment teams, so they can help individual investors achieve their goals.

A high-level overview of Blackstone Secured Lending Fund. (BXSL) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools.All Form Types 2023. Filing Description Date Filed View. 4. Statement of Changes in Beneficial Ownership. Nov 27, 2023. pdf. word. excel. All Form Types 2023. Filing Description Date Filed View. 4. Statement of Changes in Beneficial Ownership. Nov 27, 2023. pdf. word. excel.Instagram:https://instagram. classes on trading stocksshort term health insurance mdinteractive brokers foundermsft historical prices BXSL is externally managed by Blackstone Credit BDC Advisors LLC, an SEC-registered investment company that is an affiliate of Blackstone Inc. (formerly, The Blackstone Group Inc.). Blackstone Inc ...BXSL is externally managed by Blackstone Credit BDC Advisors LLC, an SEC-registered investment adviser that is an affiliate of Blackstone Inc. (formerly, The Blackstone Group Inc.). Blackstone Inc ... best robotics etfreit investment platform Rebranding reflects GSO’s long-standing position as Blackstone’s global credit platform. Blackstone announced today that GSO Capital Partners, our global credit business, is changing its name to Blackstone Credit. When Blackstone first acquired GSO in 2008, the group had $9.6 billion in assets under management and fewer than 150 …Blackstone Private Credit Fund (“BCRED”) is a non-exchange traded business develo pment company (“BDC”) that expects to invest a t least 80% of its total assets (net assets plus borrowings for investment purposes) in private cred it investments (loans, bonds and other credit instruments that ar e issued in private offerings or issued by cci stock dividend NEW YORK, October 20, 2022 – To view the full report please click the following link – Blackstone’s Third Quarter 2022 results. Blackstone will host its third quarter 2022 investor conference call via public webcast on October 20, 2022 at 9:00 a.m. ET. To register and listen to the call, please use the following link here.Blackstone Inc. (Exact name of registrant as specified in its charter) Delaware 20-8875684 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 345 Park Avenue New York, New York 10154 (Address of principal executive offices)(Zip Code) (212) 583-5000 (Registrant’s telephone number, including area ...