Speed and conviction
We evaluate opportunities quickly, decide with conviction and provide certainty of execution.
Direct Lending
Delivering customized, flexible financing with speed and conviction for large-cap and middle-market companies
A pioneering direct lending partner to companies and key partners across private equity and venture capital
$45b+
Direct Lending investments since 20111
370+
Direct Lending investments since 20112
$50m - $2.5b
Flexible range of capital solutions
1. Direct Lending platform equity invested and committed as of 8/31/26
2. Direct Lending platform investments as of 8/31/26
What we do
We invest across a range of transaction types and sizes, combining sector-specific knowledge with flexible capital to support companies and sponsors as their needs evolve.
Why partner with Sixth Street?
For more than two decades, the Sixth Street Direct Lending team has paired rigorous underwriting with the flexibility to solve complex financing needs at scale.
Full-platform depth
Our team draws on the expertise and depth of Sixth Street’s sector teams to source and underwrite opportunities across sponsor finance, direct-to-company lending and asset based lending.
Disciplined underwriting
Selective deployment focused on defensive themes and structures designed to protect downside through changing market conditions.
Collaboration in action
Working in close collaboration with companies to craft creative capital solutions to support businesses across any point in their lifecycle
Walgreens
Walgreens is one of the largest retail pharmacy businesses in the U.S., with a national footprint and a deeply established consumer brand. Sixth Street acted as administrative agent on the $2.5b term loan financing supporting Sycamore Partners’ acquisition of Walgreens Boots Alliance, delivering a large-scale capital solution for a leading retail healthcare platform.
Kyriba
In 2019, Sixth Street provided a customized financing solution to support Bridgepoint’s acquisition of Kyriba, drawing on collaboration across its Direct Lending and Growth teams to underwrite a high-growth, subscription-based software business. Sixth Street later partnered with the company and Bridgepoint to refinance the existing facilities. The transactions reflect Sixth Street’s ability to build long-term company relationships, provide flexible capital for complex technology businesses and support leading companies through multiple stages of growth.
Bourque Logistics
Bourque Logistics is a leading provider of rail logistics and freight management systems across North America. In a direct-to-company transaction, Sixth Street provided a highly customized growth capital solution to fund Bourque’s strategic acquisition of AllTranstek. The bespoke financing supported the combination of two complementary rail platforms, demonstrating Sixth Street’s ability to partner directly with corporate leadership teams to design tailored capital structures that enable transformative growth.
Playlist
Sixth Street served as administrative agent on a $900m senior secured credit facility to support Playlist’s recapitalization and merger with EGYM SE. The transaction highlights Sixth Street’s ability to provide flexible, large-scale capital solutions through close collaboration across our direct lending and consumer investing teams. The financing backs a scaled, diversified wellness platform, bolstered by substantial new equity investment and sustained momentum across Mindbody, ClassPass and Wellpass.
Essential Pharma
Essential Pharma is an international specialty pharmaceutical company focused on expanding patient access to clinically differentiated medicines in underserved therapeutic areas. Sixth Street’s global Direct Lending and Healthcare teams collaborated to deliver a customized strategic financing solution supporting the company’s recapitalization and continued growth. The partnership provides Essential Pharma with flexible capital to advance its mission across existing and new markets.
SEDIVER
SEDIVER is a leading European manufacturer of glass insulators for high-voltage overhead electricity transmission lines. Sixth Street provided financing to support Blackstone’s acquisition of SEDIVER in October 2024 as well as additional financing to support the company’s growth.
Sector expertise
Business services
Consumer and retail
Energy
Financial services
Healthcare
Industrials
Software and technology
Specialty finance
Learn more about Sixth Street’s business development companies
Let’s work together
Every great partnership starts with a conversation. Let’s discuss how we can accelerate your ambitions.