Filed pursuant to Rule 424(b)(3)
Registration No. 333-256702
BLACKSTONE LONG-SHORT CREDIT INCOME FUND
Supplement No. 1, dated November 24, 2021, to the
Prospectus (the “Prospectus”) and the Statement of Additional Information (the “SAI”), dated July 30, 2021,
for Common Shares of Beneficial Interest
Appointment of New Trustee
At a meeting of the Board of Trustees (the “Board”) held on November 18, 2021, the Board appointed Jane Siebels as a new Trustee to the Board, effective on that date.
The following information is added to the table under “Board of Trustees” on page 20 of the SAI:
Name and | Position(s) | Term of Office | Principal | Number of | Other | |||||
Jane Siebels Birth Year: 1960 | Trustee | Since November 2021 Class II | Ms. Siebels is a Consultant at Per4M and advises a small global equity hedge fund. Prior to 2019, she was CEO and CIO of Amber Asset Management, f/k/a Green Cay Asset Management. | 4 | Scotia Bank (Bahamas); Scotia Trust (Bahamas); First Trust Bank (Bahamas); Global Innovation Fund; JackPotJoy (Bahamas); Amber Asset Management (until 2019); Green Cay Asset Management (until 2017) |
The following sentence is added after the description of Mr. Schpero’s experience in the third sentence under “Experience of Trustees” on page 20 of the SAI:
Ms. Siebels, experience as an investment professional and service as a board member.
The following information is added to the table under “Share Ownership” on page 21 of the SAI:
Name of Trustee | Dollar Range(1) of Equity Securities in the Fund | Aggregate Dollar Range of Equity Securities Overseen by Trustee in the Family of Investment Companies(2) | ||
Jane Siebels | None | None |
The following information is added to the table under “Compensation of Trustees” on page 22 of the SAI:
Name of Trustee | Aggregate Compensation from the Fund | Total Compensation from the Fund and Fund Complex Paid to Trustees(1) | ||||||
Jane Siebels(2) | $ | 0 | $ | 0 |
(2) | Ms. Siebels became a Trustee of the Fund on November 18, 2021 and therefore was not compensated by the Fund during the year ended December 31, 2020. |
Under “Board Committees” on page 22 of the SAI, Ms. Siebels is added as a member of the Audit Committee and Nominating and Governance Committee.
Capitalized terms not defined herein have the meanings assigned to them in the Prospectus.
Please retain this supplement for future reference.