Blackstone Strategic Credit 2027 Term Fund (NYSE: BGB) is a closed-end investment vehicle managed by Blackstone Credit, the credit arm of global alternative asset manager Blackstone Inc. Launched in mid-2022, the fund is structured with a defined maturity in 2027, allowing investors to participate in a diversified portfolio of corporate debt instruments over a finite term. The fund’s mandate focuses on generating current income and potential capital appreciation by selectively allocating capital across the credit spectrum.
The fund’s portfolio primarily consists of senior secured loans, high-yield corporate bonds, mezzanine debt and collateralized loan obligations (CLOs). Leveraging Blackstone Credit’s extensive origination and research platform, the fund seeks to identify opportunities in both primary and secondary markets. Investment decisions are supported by rigorous credit analysis, in-house risk management and active portfolio monitoring, with an emphasis on sectors and issuers exhibiting favorable risk-reward profiles.
Geographically, Blackstone Strategic Credit 2027 Term Fund maintains a global focus while emphasizing North American issuers. The strategy has the flexibility to pursue European and select Asia-Pacific credit markets when risk-adjusted opportunities arise, allowing the fund to benefit from relative value and market dislocations. This diversified geographic approach helps mitigate regional concentration risk and capture attractive yields across different economic cycles.
The fund is overseen by a senior leadership team from Blackstone Credit, led by seasoned credit professionals with decades of combined experience in corporate lending, structured credit and distressed investing. This team collaborates closely with Blackstone’s broader research, trading and risk management groups to capitalize on the firm’s global resources. As a term vehicle, Blackstone Strategic Credit 2027 Term Fund offers clarity of duration and a defined investment horizon, appealing to investors seeking structured credit exposure with an anticipated 2027 maturity.
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