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+1,856% | $12.1M+1,876% | $12.12M+516% | $653K+0.3% | $618K-1.7% | |
| Bermuda/Cayman Islands | $148.61M-1.0% | $148.97M-0.5% | $149.37M+24,796% | $149.75M+26,218% | $150.12M+29,277% | |
| Canada | $151.49M+26.8% | $140.44M-42.0% | $120.69M-56.6% | $122.67M-57.3% | $119.47M-56.6% | |
| Europe | $1.71B+43.9% | $1.65B+49.0% | $1.36B+44.7% | $1.21B+104% | $1.19B+207% | |
| United States | $11.92B+4.8% | $12.26B+5.7% | $12.17B+13.1% | $11.77B+13.0% | $11.38B+16.4% | |
| Cost by Geography | ||||||
| Asia | $11.88M+1,765% | $11.9M+1,771% | $11.91M+518% | $638K-0.5% | $637K-0.3% | |
| Bermuda/Cayman Islands | $147.88M-0.9% | $148.22M-0.9% | $148.56M+33,741% | $148.91M+34,054% | $149.25M+34,133% | |
| Canada | $149.78M+26.8% | $138.27M-42.7% | $119.17M-56.1% | $119.03M-58.0% | $118.11M-56.9% | |
| Europe | $1.69B+41.0% | $1.6B+40.6% | $1.31B+41.8% | $1.16B+91.6% | $1.2B+198% | |
| United States | $12.3B+7.1% | $12.49B+7.1% | $12.34B+14.2% | $11.9B+14.0% | $11.49B+17.0% | |
| Fair Value as % of Net Assets by Geography | ||||||
| Asia | 0.2%— | 0.2%— | 0.2%— | 0%— | 0%— | |
| Bermuda/Cayman Islands | 2.4%0.0pp | 2.4%-0.1pp | 2.4%— | 2.4%— | 2.4%— | |
| Canada | 2.5%+0.6pp | 2.3%-1.7pp | 2%-2.9pp | 2%-3.3pp | 1.9%-3.4pp | |
| Europe | 28.1%+9.1pp | 26.3%+8.1pp | 21.6%+5.2pp | 19.2%+8.2pp | 19%+11.5pp | |
| United States | 195.4%+13.1pp | 196.3%+5.5pp | 194.1%+5.3pp | 187.2%-5.8pp | 182.3%-7.3pp | |
| Concentration Risk, Percentage by Geography | ||||||
| Asia | 0.1%— | 0%— | 0.1%— | 0%— | 0%— | |
| Bermuda/Cayman Islands | 1.1%-0.1pp | —— | —— | —— | 1.2%— | |
| Europe | 12.2%+2.9pp | 1.8%+1.2pp | 0.6%-1.9pp | 0%-1.6pp | 9.3%+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.