Blackstone Secured Lending – on its first anniversary as a public BDC – had a very good IIIQ 2022. Valuation-wise, though, this behemoth of a BDC is under-appreciated.
Blackstone Secured Lending Fund, in its IIQ 2022 earnings conference call described a quarter much like the one before. However, management also suggested that might all be about to change…
We’ve learned more about Blackstone Secured Lending Fund following the IQ 2022 conference call, and after a close look at its huge portfolio. Is the new-ish public BDC recession ready ? We have a great deal to say on the subject.
BDC sector prices edge upwards as the year draw to a close, not far from their highs. We discuss a market moving analyst call on a large cap BDC and provide some additional food for thought.
