Sixth Street Specialty Lending, Inc.

What Do They Do?

Provides direct loans and other debt and equity financing to U.S. middle-market companies.

How Do They Make Money?

Earns mainly interest on loans and other investments it holds; it may also receive dividends, gains when investments are sold, and loan origination and other fees.

Who Are Their Customers?

Lends to U.S.-domiciled middle-market companies, generally through loans originated directly by its adviser rather than through investment banks or other traditional Wall Street sources.

Do Revenues Turn Into Profits?

Yes. It kept 79 cents of every revenue dollar as net income in FY2025.

How Are They Changing?