Question 1

What is Sixth Street Specialty Lending's other general and administrative expense?

Accepted Answer

Sixth Street Specialty Lending (TSLX) reported other general and administrative expense of $1.37M in Q1 2026.

Question 2

How has Sixth Street Specialty Lending's other general and administrative expense changed year-over-year?

Accepted Answer

Sixth Street Specialty Lending's other general and administrative expense increased by 2.4% year-over-year, from $1.34M to $1.37M.

Question 3

What is the long-term trend for Sixth Street Specialty Lending's other general and administrative expense?

Accepted Answer

Over 3 years (2022 to 2025), Sixth Street Specialty Lending's other general and administrative expense has grown at a 1.2% compound annual growth rate (CAGR), from $5.43M to $5.63M.

Question 4

What does other general and administrative expense mean?

Accepted Answer

This category captures miscellaneous operational costs not classified under specific fee structures, such as legal, accounting, insurance, and office expenses. It provides insight into the company's ability to manage its fixed overhead and operational footprint.

Line item	Three Months Ended / March 31, 2026	Three Months Ended / March 31, 2025
Incentive fees on net capital gains	—	(3,686)
Professional fees	1,743	1,961
Directors’ fees	254	248
Other general and administrative	1,369	1,337
Total expenses	52,668	57,430
Management and incentive fees waived (Note 3)	(317)	(409)
Net Expenses	52,351	57,021
Net Investment Income Before Income Taxes	41,046	59,328

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Sixth Street Specialty Lending TSLX Other General and Administrative Expense