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+861% | $25.48M+561% | $14M— | $3.85M— | $3.85M— | |
| Bermuda/Cayman Islands | $596.7M+98.2% | $598.21M+295% | $598.98M+27,720% | $450.2M— | $301.02M— | |
| Canada | $535.29M-42.3% | $503.27M-53.5% | $604.93M-45.9% | $762.47M-32.1% | $926.96M-19.7% | |
| Europe | $5.92B+54.9% | $5.4B+78.7% | $4.86B+122% | $4.44B+202% | $3.82B+250% | |
| United States | $48.12B+9.0% | $47.58B+11.8% | $46.91B+16.5% | $45.5B+18.2% | $44.14B+19.8% | |
| Cost by Geography | ||||||
| Asia | $36.32M+845% | $25.08M+553% | $13.82M— | $3.84M— | $3.84M— | |
| Bermuda/Cayman Islands | $593.57M+98.0% | $594.95M+294% | $596.32M+34,034% | $448.2M— | $299.72M— | |
| Canada | $526.24M-42.5% | $494.57M-53.8% | $597.43M-45.9% | $749.98M-32.5% | $914.57M-19.9% | |
| Europe | $5.76B+49.0% | $5.27B+71.6% | $4.81B+118% | $4.42B+193% | $3.87B+246% | |
| United States | $49.03B+10.4% | $48.22B+12.8% | $47.39B+17.2% | $45.86B+18.5% | $44.4B+19.8% | |
| Fair Value as % of Net Assets by Geography | ||||||
| Asia | 0.6%— | 0.4%— | 0.2%— | 0%— | 0%— | |
| Bermuda/Cayman Islands | 9.6%+4.7pp | 9.6%+7.1pp | 9.7%— | 7.3%— | 4.9%— | |
| Canada | 8.8%-7.3pp | 8.2%-11.3pp | 9.9%-11.2pp | 12.8%-9.5pp | 16.1%-8.2pp | |
| Europe | 95.2%+30.6pp | 86.1%+33.0pp | 78%+37.6pp | 72.8%+44.1pp | 64.6%+42.0pp | |
| United States | 773%+18.1pp | 759.9%-2.3pp | 754.4%-5.2pp | 749.1%-17.3pp | 754.9%-19.7pp | |
| Concentration Risk, Percentage by Geography | ||||||
| Asia | 0.2%— | 0.1%— | 0.1%— | 0%— | 0%— | |
| Europe | 14.6%+0.6pp | 11.7%+3.3pp | 10.5%+2.2pp | 12.4%+6.6pp | 14%+9.7pp |
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.