Identity floor
Borrower identity here is a normalised-name match — the majority join in the private-credit books, with roughly 10% measured error in each direction (two companies fused into one, or one company split across spellings). Figures built on it — crowding, overlap, the manager complex — are floors, not exact counts. How this is measured →
Fair value and share of that fund's resolved holdings book, each at the fund's own most recent reported period — the as-of column, because the holders of one company do not file on one date. The bar under each fair value is that fund's share of the $376M combined total across every holder — a different denominator from the share-of-book column — so one dominant lender vs an even syndicate is visible without reading the dollar figures.
| Fund | As of | Fair value | Share of book |
|---|---|---|---|
| Blackstone Private Credit Fund⚠ unreconciledBlackstone · matched: name | 2026-03-31 | $148M | 0.2% |
| Blue Owl Credit Income Corp.Blue Owl · matched: name | 2026-03-31 | $124M | 0.3% |
| Stone Point Credit CorpStone Point Credit · matched: name | 2026-03-31 | $25M | 0.9% |
| Fortress Private Lending FundFPLF Management LLC · matched: name | 2026-03-31 | $23M | 1.3% |
| Apollo Debt Solutions BDCApollo · matched: name | 2026-03-31 | $13M | 0.1% |
| HPS Corporate Lending FundHPS Investment Partners · matched: name | 2026-03-31 | $12M | <0.1% |
| Stone Point Credit Income FundStone Point Credit · matched: name | 2026-03-31 | $11M | 1.5% |
| Golub Capital Private Credit FundGolub Capital · matched: name | 2026-03-31 | $10M | 0.1% |
| Oaktree Specialty Lending Corp⚠ unreconciledOaktree · matched: name | 2026-03-31 | $4M | 0.1% |
| BlackRock HPS Credit Strategies Fund⚠ unreconciledBlackRock · matched: name | 2026-03-31 | $3M | 0.5% |
| HPS Corporate Capital Solutions FundHPS Investment Partners · matched: name | 2026-03-31 | $2M | 0.1% |
| Blackrock Private Credit FundBlackRock · matched: name | 2026-03-31 | $1M | <0.1% |
The range across reported debt positions in the same borrower — fair value over amortized cost as filed — for 10 funds holding it in Q1'26.
10 funds · 13 positions · Q1'26
Instrument stated on 3 of 13 positions (23%). With most positions untagged, the range above may reflect capital structure — a junior tranche marked down beside a senior one held whole — rather than funds disagreeing on this borrower.
Positions counted here filed a principal balance — the debt proxy used to find comparable marks, measured 82% precise as actual debt where an instrument label exists; the rest are equity or warrants filed with a principal amount.
| Fund | Instrument | Fair value | Mark | Band |
|---|---|---|---|---|
| Fortress Private Lending Fundmatched: name · 2026-03-31 | — | $23M | 91.1% | Watch |
| Blue Owl Credit Income Corp.matched: name · 2026-03-31 | First lien senior secured loan First lien | $124M | 91.2% | Watch |
| Golub Capital Private Credit Fundmatched: name · 2026-03-31 | — | $10M | 91.3% | Watch |
| Blackstone Private Credit Fund⚠ unreconciledmatched: name · 2026-03-31 | — | $65M | 91.5% | Watch |
| Blackstone Private Credit Fund⚠ unreconciledmatched: name · 2026-03-31 | — | $80M | 91.6% | Watch |
| Blackstone Private Credit Fund⚠ unreconciledmatched: name · 2026-03-31 | — | $3M | 91.6% | Watch |
| Apollo Debt Solutions BDCmatched: name · 2026-03-31 | — | $13M | 91.8% | Watch |
| HPS Corporate Capital Solutions Fundmatched: name · 2026-03-31 | — | $2M | 91.9% | Watch |
| Blackrock Private Credit Fundmatched: name · 2026-03-31 | — | $1M | 93.4% | Watch |
| Oaktree Specialty Lending Corp⚠ unreconciledmatched: name · 2026-03-31 | First Lien Term Loan First lien | $3M | 94.8% | Watch |
| Stone Point Credit Income Fundmatched: name · 2026-03-31 | First Lien Term Loan First lien | $11M | 95.7% | Unstressed |
| Oaktree Specialty Lending Corp⚠ unreconciledmatched: name · 2026-03-31 | — | $1M | 96.2% | Unstressed |
| Stone Point Credit Corpmatched: name · 2026-03-31 | — | $25M | 96.5% | Unstressed |
Source: AltsVault · SEC filings · as of 2026-01-01
AltsVault · SEC EDGAR public data · informational only, not investment advice. Reconciliation is marked per fund on each position row.