Sixth Street Specialty Lending (NYSE:TSLX) Inc. (NYSE: TSLX) is a closed-end, externally managed business development company that provides flexible debt financing solutions to middle-market companies. The fund primarily targets senior secured loans, unitranche facilities, mezzanine debt, second-lien financings and equity co-investment opportunities. By structuring tailored capital solutions, Sixth Street Specialty Lending seeks to support growth initiatives, recapitalizations and refinancings across a diverse set of industries, including technology, healthcare and business services.
As an affiliate of Sixth Street Partners, a global alternative investment firm, the company leverages the broader platform’s credit research, operational expertise and industry relationships. Sixth Street Partners brings decades of experience in direct lending, structured credit and special situations, enabling the fund to deploy capital with disciplined underwriting standards and active portfolio monitoring. This partnership underpins Sixth Street Specialty Lending’s ability to originate bespoke financing structures and to work collaboratively with management teams.
Since commencing operations in late 2020, Sixth Street Specialty Lending has focused on U.S. middle-market borrowers, while maintaining the flexibility to consider select opportunities in Europe. The fund’s external management structure offers investors alignment through fee-based arrangements tied to assets under management and performance incentives designed to reward long-term value creation. A dedicated board of directors oversees corporate governance and compliance in accordance with regulatory requirements for business development companies.
Headquartered in San Francisco, California, Sixth Street Specialty Lending draws upon Sixth Street Partners’ global network, which includes offices across North America, Europe and Asia. Through a combination of experienced investment professionals, robust credit analytics and proactive asset management, the firm aims to deliver attractive risk-adjusted returns while providing middle-market companies with reliable access to capital.
