Sixth Street Specialty Lending, Inc. Names Robert Stanley Co-CEO, Expands Board of Directors, and Elects Him as Board Member
Leadership Changes: Sixth Street Specialty Lending, Inc. announced that Robert ("Bo") Stanley will become Co-CEO alongside Joshua Easterly on November 4, 2025, with Stanley taking over as the sole CEO by the end of that year.
Background of Co-CEO: Bo Stanley has been with Sixth Street since 2011, previously serving in various roles at Wells Fargo Capital Finance, and is recognized for his leadership and investor-first mentality.
Board Expansion: The Board of Directors will increase from ten to eleven members on November 4, 2025, with Stanley being appointed as a Class III director until the 2026 Annual Meeting of Stockholders.
Company Overview: Sixth Street Specialty Lending focuses on lending to middle-market companies, generating income through senior secured loans and is regulated as a business development company under the Investment Company Act of 1940.
Trade with 70% Backtested Accuracy
Analyst Views on TSLX
About TSLX
About the author


Decline in BDC Valuations: Business development companies (BDCs) have seen their stock valuations drop significantly over the past year, from 103% of book value to 85%.
Concerns Over Loan Defaults: The primary reason for the decline in BDC shares is growing worries about potential loan defaults among borrowers.
Market Overview: Business development companies (BDCs) are currently facing a downturn due to concerns over economic slowdown, despite small businesses thriving and profits increasing, particularly aided by AI advancements.
BDC Portfolio Highlights: A seven-stock BDC portfolio yielding 13.5% is highlighted, with specific companies like Sixth Street Specialty Lending and Gladstone Investment noted for their strong performance and unique strategies in navigating the current interest-rate environment.
Challenges and Opportunities: While some BDCs like FS KKR Capital and Goldman Sachs BDC have faced dividend cuts and high non-accruals, others like BlackRock TCP Capital are struggling with losses but still offer high yields, indicating a mixed landscape for investors.
Investment Recommendation: The article suggests considering a specific fund with an 11% dividend yield that promises both income and potential stock-like gains, positioning it as a compelling investment opportunity amidst the current BDC challenges.

Upcoming Ex-Dividend Dates: On 12/15/25, Sixth Street Specialty Lending Inc (TSLX), Valley National Bancorp (VLY), and Stewart Information Services Corp (STC) will trade ex-dividend, with respective dividends of $0.46, $0.11, and $0.525 scheduled for payment on 12/31/25, 1/2/26, and 12/30/25.
Expected Price Adjustments: Following the ex-dividend date, TSLX is expected to open 2.02% lower, VLY 0.93% lower, and STC 0.71% lower based on their recent stock prices.
Dividend Yields: The estimated annualized yields for these companies are projected to be 8.08% for TSLX, 3.72% for VLY, and 2.85% for STC, indicating potential stability in their dividend payments.
Current Trading Performance: As of Thursday trading, shares of TSLX, VLY, and STC have seen increases of approximately 1%, 3.1%, and 1.9%, respectively.

52 Week Range: TSLX's stock has a 52-week low of $18.58 and a high of $25.165, with the last trade recorded at $22.77.
Dividend Stocks: The article mentions a link to find 9 other dividend stocks that have recently crossed above their 200-day moving average.
Author's Opinion: The views expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
Market Analysis: The information provided includes a brief analysis of TSLX's stock performance within the context of the broader market.
Current State of BDCs: Business Development Companies (BDCs) are facing increased pressure as rising base rates and competition in private credit create a more complex environment, leading to concerns about the sustainability of income streams and the quality of portfolio marks.
Insider Buying as a Signal: Despite the uncertainty, insider buying at firms like Sixth Street Specialty Lending, Blue Owl Capital Corp, and TriplePoint Venture Growth indicates confidence in their business models and suggests that management believes the market has overreacted to credit concerns.
Individual BDC Performance: Sixth Street Specialty Lending is noted for its disciplined lending and strong credit profile, while Blue Owl Capital Corp faces trust issues following a failed merger, and TriplePoint Venture Growth is experiencing elevated non-accruals but has seen significant insider purchases.
Investment Strategy: Investors are encouraged to focus on credit quality and insider activity during this turbulent period, as these factors can provide insights into the resilience and potential recovery of BDCs amidst market volatility.

Leadership Changes: Sixth Street Specialty Lending, Inc. announced that Robert ("Bo") Stanley will become Co-CEO alongside Joshua Easterly on November 4, 2025, with Stanley taking over as the sole CEO by the end of that year.
Background of Co-CEO: Bo Stanley has been with Sixth Street since 2011, previously serving in various roles at Wells Fargo Capital Finance, and is recognized for his leadership and investor-first mentality.
Board Expansion: The Board of Directors will increase from ten to eleven members on November 4, 2025, with Stanley being appointed as a Class III director until the 2026 Annual Meeting of Stockholders.
Company Overview: Sixth Street Specialty Lending focuses on lending to middle-market companies, generating income through senior secured loans and is regulated as a business development company under the Investment Company Act of 1940.







