Sit Investment Associates Inc Reports New 5.0% Passive Stake in Blackstone Long-Short Credit Income Fund (BGX)

2026-04-06SEC Filing SCHEDULE 13G (0000897101-26-000130)

Sit Investment Associates, Inc. (SIA) and its subsidiary, Sit Fixed Income Advisors II, LLC (SFI), have filed a Schedule 13G reporting a new 5.0% ownership stake in Blackstone Long-Short Credit Income Fund (BGX). As of March 31, 2026, the filers beneficially own 640,105 shares of common stock. The reporting entities are investment advisers that manage various client accounts, which hold the securities. SIA and SFI share voting and dispositive power over these shares but disclaim beneficial ownership pursuant to Rule 13d-4. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The ownership calculation is based on a total of 12,708,275 shares outstanding as of year-end 2025. This filing marks an increase from a previously unreported or zero position, establishing a significant passive holding in the credit-focused fund.