Sixth Street Specialty Lending - TSLX

Our creative financing delivers fully underwritten solutions in a variety of industries and across the spectrum of the capital structure. Our unique portfolio construction allows us to manage a well-diversified, low-volatility current yield portfolio. This approach provides benefits to both our financing partners and our investors.

Our Approach

Investment Type

Senior Secured Loans

First Lien
Second Lien
Unitranche

Mezzanine Debt

Non-control Structured Equity

Common Equity

Focus on Coinvestment

Investment Size

Company Size

$50MM-$1B+ Enterprise Value

EBITDA

$10-$250MM

Transaction Size

$15-$350MM

Capital Use

Organic Growth
Acquisitions
Market or Product Expansion
Restructuring Initiatives
Recapitalizations
Refinancing

Select Industries

Business Services
Software & Technology
Healthcare
Energy
Consumer & Retail
Manufacturing
Industrials
Royalty Related Businesses
Education
Specialty Finance

*Sixth Street assets under management excludes (1) TOP I, which was invested as a series of commitments across multiple TPG vehicles and (2) assets and commitments of certain vehicles established by Sixth Street for the purpose of facilitating third party co-invest opportunities and includes approximately $164.9MM in LP commitments committed to but not yet activated in a vehicle in the CMS business (“TSCO IV”). Calculation of assets under management differs from the calculation of regulatory assets under management and may differ from the calculations of other investment managers.

Creative, diversified, differentiated

Providing flexible, fully-committed financing solutions to middle market companies.