Blackstone Secured Lending Fund (NYSE:BXSL) Q4 2023 Earnings Call Transcript

Paul Johnson: Thanks for that, Brad, it’s very helpful description there. And then the last one I have to ask is because it happens every four years, I mean, how do you expect I guess the election kind of play into the pipeline this year? Do you think that will prompt any more transactions ahead of the election? I mean, just what do you kind of expect from sponsor behavior, if anything?

Brad Marshall: Yeah. I don’t think we know. In election year you should see deal flow get pulled forward because people are worried about change and volatility. So if you look at past history, that is what happens. And I guess we’re seeing a pickup in the pipeline that would suggest that that will hold true. But unclear if that’s an accelerator or more of the fact that private equity sponsors have been sitting on the sidelines for a couple of years. So we’ll wait and see.

Operator: Thank you. That will conclude our question-and-answer session. At this time, I’d like to turn the call back over to Ms. Wang for any additional or closing remarks.

Stacy Wang: Thank you. This concludes our fourth-quarter call. Thank you so much for dialing in and we look forward to speaking to you next quarter.