Blackstone Secured Lending Fund BXSL Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Investments at fair value by Geography | ||||||
| Asia | $36.96M+45.0% | $25.48M+82.0% | $14M+264% | $3.85M+0.1% | $3.85M-0.3% | |
| Bermuda/Cayman Islands | $596.7M-0.3% | $598.21M-0.1% | $598.98M+33.0% | $450.2M+49.6% | $301.02M+98.8% | |
| Canada | $535.29M+6.4% | $503.27M-16.8% | $604.93M-20.7% | $762.47M-17.7% | $926.96M-14.4% | |
| Europe | $5.92B+9.7% | $5.4B+11.1% | $4.86B+9.4% | $4.44B+16.1% | $3.82B+26.5% | |
| United States | $48.12B+1.1% | $47.58B+1.4% | $46.91B+3.1% | $45.5B+3.1% | $44.14B+3.8% | |
| Cost by Geography | ||||||
| Asia | $36.32M+44.8% | $25.08M+81.5% | $13.82M+260% | $3.84M-0.1% | $3.84M-0.1% | |
| Bermuda/Cayman Islands | $593.57M-0.2% | $594.95M-0.2% | $596.32M+33.0% | $448.2M+49.5% | $299.72M+98.6% | |
| Canada | $526.24M+6.4% | $494.57M-17.2% | $597.43M-20.3% | $749.98M-18.0% | $914.57M-14.6% | |
| Europe | $5.76B+9.3% | $5.27B+9.6% | $4.81B+8.7% | $4.42B+14.4% | $3.87B+25.9% | |
| United States | $49.03B+1.7% | $48.22B+1.7% | $47.39B+3.3% | $45.86B+3.3% | $44.4B+3.9% | |
| Fair Value as % of Net Assets by Geography | ||||||
| Asia | 0.6%+0.2pp | 0.4%+0.2pp | 0.2%— | 0%— | 0%— | |
| Bermuda/Cayman Islands | 9.6%0.0pp | 9.6%-0.1pp | 9.7%+2.4pp | 7.3%+2.4pp | 4.9%+2.4pp | |
| Canada | 8.8%+0.6pp | 8.2%-1.7pp | 9.9%-2.9pp | 12.8%-3.3pp | 16.1%-3.4pp | |
| Europe | 95.2%+9.1pp | 86.1%+8.1pp | 78%+5.2pp | 72.8%+8.2pp | 64.6%+11.5pp | |
| United States | 773%+13.1pp | 759.9%+5.5pp | 754.4%+5.3pp | 749.1%-5.8pp | 754.9%-7.3pp | |
| Concentration Risk, Percentage by Geography | ||||||
| Asia | 0.2%+0.1pp | 0.1%0.0pp | 0.1%— | 0%— | 0%— | |
| Europe | 14.6%+2.9pp | 11.7%+1.2pp | 10.5%-1.9pp | 12.4%-1.6pp | 14%+5.6pp |
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.