Sixth Street Specialty Lending (TSLX) Q2 FY26 earnings call

Sixth Street Specialty Lending reported robust Q2 FY26 results, driven by strong portfolio credit quality and an uptick in repayment activity, which contributed to higher activity-based fees. While direct lending and M&A volumes remained constrained, management observes early signs of market inflection and an accelerating pipeline, positioning the company for increased origination and repayment activity in the second half of the year. The firm continues to leverage its platform for thematic sourcing and disciplined underwriting in a complex market.