Company: BXSL
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001736035-25-000008
Chunk: 699

Company: Blackstone Secured Lending Fund
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1B
Chunk 699
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 to the extent committees meet on regular meeting dates) and (iv) $10,000 per year for the Chairperson of the Audit Committee. On May 1, 2024, the Compensation Committee approved an update to compensation paid by the Company to each Independent Trustee. Effective April 1, 2024, the Company pays each Independent Trustee: (i) $200,000 per year (prorated for any partial year), (ii) $2,500 for each regular meeting of the Board attended, (iii) $1,000 for each committee meeting attended (in addition to regular meeting fees to the extent committees meet on regular meeting dates) and (iv) $15,000 per year for the Chairperson of the Audit Committee. We are also authorized to pay the reasonable out-of-pocket expenses of each Independent Trustee incurred by such trustee in connection with the fulfillment of his or her duties as an Independent Trustee.

Total Compensation earned from the Company for Fiscal Year 2024 (3)Total Compensation earned from Fund Complex for Fiscal Year 2024 (4)Interested TrusteesBrad Marshall (1)$— $— Vikrant Sawhney (1)$— $— Independent TrusteesRobert Bass (2)$229,250 $414,750 Tracy Collins$215,500 $393,500 Vicki Fuller$208,500 $379,500 James F. Clark$215,500 $393,500 Michelle Greene$215,500 $393,500 

(1)These are interested trustees and, as such, do not receive compensation from the Company or the Fund Complex for their services as trustees.

(2)Includes compensation as Chairman of the Audit Committee.

(3)The Company does not have a profit-sharing plan, and trustees do not receive any pension or retirement benefits from the Company.

(4)Total compensation paid from the Fund Complex includes compensation paid by the Company and $185,500, $178,000, ,$171,000, $178,000 and $178,000 of compensation paid to Mr. Bass, Ms. Collins, Ms. Fuller, Mr. Clark, and Ms. Greene, respectively, by BCRED for the fiscal year ended December 31, 2024. The Blackstone Credit & Insurance Closed-End Funds and Blackstone Alternative Multi Strategy Fund do not pay compensation to the trustees.

Compensation Committee Interlocks and Insider Participation 

During 2024, the Compensation Committee