Blackstone Private Credit Fund

Blackstone Private Credit Fund (BCRED) is a non-diversified, closed-end management investment company that has elected to be regulated as a BDC, externally managed by affiliates of Blackstone Credit & Insurance. It seeks to generate current income and, to a lesser extent, long-term capital appreciation by investing primarily in directly originated, floating-rate, first lien senior secured loans to private U.S. middle- and upper-middle-market companies, with additional exposure to second lien, unsecured, mezzanine and broadly syndicated loans.