Blackstone Secured Lending Fund current report, 10 January 2023

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Business Context and Reporting Period

Blackstone Secured Lending Fund filed a Form 8-K dated January 10, 2023, reporting a change in executive leadership. The Fund is a Delaware business development company whose common shares trade on the New York Stock Exchange under the symbol BXSL.

Material Corporate Action

  • On January 5, 2023, the Board of Trustees appointed Jonathan Bock as Co-Chief Executive Officer, effective January 10, 2023.
  • Mr. Bock will serve alongside Brad Marshall, who remains Chairman of the Board and Co-Chief Executive Officer.
  • Mr. Bock is a Senior Managing Director and Global Head of Market Research for Blackstone’s credit investment platform.
  • His prior experience includes serving as Chief Executive Officer of Barings BDC, Co-Chief Executive Officer and President of Barings Private Credit Corporation, and chief financial officer roles at several Barings-affiliated investment companies.

Financial Metrics and Liquidity

The filing does not provide revenue, net investment income, earnings, cash flow, margins, debt, liquidity, asset values, or other financial metrics for the reporting period.

Guidance, Outlook, Risks and Unusual Items

The filing does not provide financial guidance, an operating outlook, risk-factor updates, contingencies, or unusual financial items. Exhibit 99.1 is identified as a Blackstone Inc. press release dated January 10, 2023, but its substantive contents are not included in the provided filing text.

Investor Verification Items

  • Verify the effective date and scope of Jonathan Bock’s Co-Chief Executive Officer appointment.
  • Confirm that Brad Marshall continues as Chairman and Co-Chief Executive Officer.
  • Review Exhibit 99.1 for any additional commentary or information not included in the filing text.
  • Use a separate periodic report to assess BXSL’s financial performance, leverage, liquidity, portfolio quality, and dividend outlook.
  • Confirm the absence of disclosed related-party transactions or family relationships involving Mr. Bock; the filing states that neither applies.