BGX

Blackstone Long Short Credit Income Fund is a closed-end management investment company managed by Blackstone Credit BDC Advisors LLC, an affiliate of Blackstone Inc. The fund employs a long-short credit strategy, taking both long positions in debt securities expected to appreciate and short positions in securities or indices expected to decline. This market-neutral approach aims to generate attractive risk-adjusted returns while reducing correlation to traditional fixed income and equity markets. The fund seeks to provide current income and capital appreciation through active credit selection and hedging strategies. The fund's long portfolio typically includes corporate bonds, loans, structured credit products, and other debt instruments across the credit spectrum, with emphasis on securities identified as undervalued or offering attractive risk-reward profiles. The short positions may include individual securities, credit derivatives, or index positions designed to hedge market risk, profit from overvalued situations, or manage portfolio duration and credit exposure. Blackstone's extensive credit platform, analytical capabilities, and global market presence enable sophisticated security selection and risk management across the strategy. As a closed-end fund, Blackstone Long Short Credit Income Fund trades on exchanges at prices that may differ from net asset value. The fund employs leverage to potentially enhance returns. The long-short approach differs from traditional long-only credit funds by incorporating short positions that can generate gains in declining markets or market dislocations while hedging portions of long credit exposure. The fund provides regular distributions sourced from net investment income and gains. Investors benefit from Blackstone's premier credit investment capabilities and a strategy designed to produce returns with lower volatility and correlation compared to traditional credit funds. The fund suits investors seeking income and capital appreciation with reduced market directionality through active long-short credit management by one of the world's leading alternative asset managers.