Blackstone Secured Lending Fund BXSL Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Investments at fair value by Geography | ||||||
| Asia | $12.09M-0.1% | $12.1M-0.2% | $12.12M+1,756% | $653K+5.7% | $618K+1.0% | |
| Bermuda/Cayman Islands | $148.61M-0.2% | $148.97M-0.3% | $149.37M-0.3% | $149.75M-0.2% | $150.12M+0.3% | |
| Canada | $151.49M+7.9% | $140.44M+16.4% | $120.69M-1.6% | $122.67M+2.7% | $119.47M-50.7% | |
| Europe | $1.71B+3.9% | $1.65B+21.4% | $1.36B+11.9% | $1.21B+1.9% | $1.19B+7.6% | |
| United States | $11.92B-2.8% | $12.26B+0.7% | $12.17B+3.4% | $11.77B+3.5% | $11.38B-1.9% | |
| Cost by Geography | ||||||
| Asia | $11.88M-0.2% | $11.9M-0.1% | $11.91M+1,766% | $638K+0.2% | $637K+0.2% | |
| Bermuda/Cayman Islands | $147.88M-0.2% | $148.22M-0.2% | $148.56M-0.2% | $148.91M-0.2% | $149.25M-0.2% | |
| Canada | $149.78M+8.3% | $138.27M+16.0% | $119.17M+0.1% | $119.03M+0.8% | $118.11M-51.0% | |
| Europe | $1.69B+5.4% | $1.6B+22.1% | $1.31B+12.9% | $1.16B-2.9% | $1.2B+5.1% | |
| United States | $12.3B-1.5% | $12.49B+1.2% | $12.34B+3.7% | $11.9B+3.6% | $11.49B-1.5% | |
| Fair Value as % of Net Assets by Geography | ||||||
| Asia | 0.2%0.0pp | 0.2%0.0pp | 0.2%— | 0%— | 0%— | |
| Bermuda/Cayman Islands | 2.4%0.0pp | 2.4%0.0pp | 2.4%0.0pp | 2.4%0.0pp | 2.4%-0.1pp | |
| Canada | 2.5%+0.2pp | 2.3%+0.3pp | 2%0.0pp | 2%+0.1pp | 1.9%-2.1pp | |
| Europe | 28.1%+1.8pp | 26.3%+4.7pp | 21.6%+2.4pp | 19.2%+0.2pp | 19%+0.8pp | |
| United States | 195.4%-0.9pp | 196.3%+2.2pp | 194.1%+6.9pp | 187.2%+4.9pp | 182.3%-8.5pp | |
| Concentration Risk, Percentage by Geography | ||||||
| Asia | 0.1%— | 0%-0.1pp | 0.1%— | 0%— | 0%— | |
| Bermuda/Cayman Islands | 1.1%— | —— | —— | —— | 1.2%0.0pp | |
| Europe | 12.2%+10.4pp | 1.8%+1.2pp | 0.6%— | 0%-9.3pp | 9.3%+8.7pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Blackstone Secured Lending Fund break its business down?
- Blackstone Secured Lending Fund (BXSL) reports investments at fair value by geography across 5 parts — Asia, Bermuda/Cayman Islands, Canada, Europe and United States. Each is extracted from the segment footnotes and tracked over time.
- Where does Blackstone Secured Lending Fund's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Blackstone Secured Lending Fund's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.