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 $1.2B 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 |
|---|---|---|---|
| Blue Owl Credit Income Corp.Blue Owl · matched: name | 2026-03-31 | $493M | 1.3% |
| HPS Corporate Lending FundHPS Investment Partners · matched: name | 2026-03-31 | $231M | 0.9% |
| Blackstone Private Credit Fund⚠ unreconciledBlackstone · matched: name | 2026-03-31 | $115M | 0.1% |
| Blue Owl Technology Finance Corp.Blue Owl · matched: name | 2026-03-31 | $75M | 0.5% |
| Franklin BSP Capital Corp⚠ unreconciledFranklin BSP · matched: name | 2026-03-31 | $52M | 0.9% |
| North Haven Private Income Fund LLCMorgan Stanley · matched: name | 2026-03-31 | $37M | 0.5% |
| T. Rowe Price Oha Select Private Credit FundOha Private Credit Advisors LLC · matched: name | 2026-03-31 | $35M | 1.2% |
| Antares Strategic Credit FundAntares Capital · matched: name | 2026-03-31 | $34M | 0.8% |
| Crescent Private Credit Income CorpCrescent Capital · matched: name | 2026-03-31 | $28M | 3.2% |
| Blue Owl Technology Income Corp.Blue Owl · matched: name | 2026-03-31 | $24M | 0.4% |
| Blackstone Secured LendingBlackstone · matched: name | 2026-03-31 | $22M | 0.2% |
| Morgan Stanley Direct Lending Fund⚠ unreconciledMorgan Stanley · matched: name | 2026-03-31 | $13M | 0.3% |
| SL Investment Fund II LLCMorgan Stanley · matched: name | 2026-03-31 | $11M | 1.7% |
| Antares Private Credit FundAntares Capital · matched: name | 2026-03-31 | $10M | 0.6% |
| North Haven Private Income Fund A LLCMorgan Stanley · matched: name | 2026-03-31 | $5M | 0.8% |
| Antares Strategic Credit Fund II LLCAntares Capital · matched: name | 2026-03-31 | $5M | 2.9% |
| Lgam Private Credit LLCMorgan Stanley · matched: name | 2026-03-31 | $3M | 0.7% |
| HPS Corporate Capital Solutions FundHPS Investment Partners · matched: name | 2026-03-31 | $2M | 0.1% |
The range across reported debt positions in the same borrower — fair value over amortized cost as filed — for 17 funds holding it in Q1'26.
17 funds · 18 positions · Q1'26
Instrument stated on 2 of 18 positions (11%). 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 |
|---|---|---|---|---|
| Morgan Stanley Direct Lending Fund⚠ unreconciledmatched: name · 2026-03-31 | — | $11M | 99.0% |
| North Haven Private Income Fund A LLCmatched: name · 2026-03-31 | — | $5M | 99.3% | Unstressed |
| North Haven Private Income Fund LLCmatched: name · 2026-03-31 | — | $37M | 99.4% | Unstressed |
| SL Investment Fund II LLCmatched: name · 2026-03-31 | — | $11M | 99.4% | Unstressed |
| Morgan Stanley Direct Lending Fund⚠ unreconciledmatched: name · 2026-03-31 | — | $3M | 99.4% | Unstressed |
| Lgam Private Credit LLCmatched: name · 2026-03-31 | — | $3M | 99.4% | Unstressed |
| HPS Corporate Capital Solutions Fundmatched: name · 2026-03-31 | — | $2M | 99.8% | Unstressed |
| Antares Strategic Credit Fund II LLCmatched: name · 2026-03-31 | — | $5M | 99.9% | Unstressed |
| Antares Strategic Credit Fundmatched: name · 2026-03-31 | — | $34M | 100.0% | Unstressed |
| Antares Private Credit Fundmatched: name · 2026-03-31 | — | $10M | 100.0% | Unstressed |
| T. Rowe Price Oha Select Private Credit Fundmatched: name · 2026-03-31 | — | $35M | 100.2% | Unstressed |
| Blackstone Secured Lendingmatched: name · 2026-03-31 | — | $22M | 100.4% | Unstressed |
| Blackstone Private Credit Fund⚠ unreconciledmatched: name · 2026-03-31 | — | $115M | 100.4% | Unstressed |
| Blue Owl Technology Income Corp.matched: name · 2026-03-31 | First lien senior secured loan First lien | $24M | 100.7% | Unstressed |
| Blue Owl Credit Income Corp.matched: name · 2026-03-31 | First lien senior secured loan First lien | $493M | 100.7% | Unstressed |
| Blue Owl Technology Finance Corp.matched: name · 2026-03-31 | — | $75M | 100.7% | Unstressed |
| Franklin BSP Capital Corp⚠ unreconciledmatched: name · 2026-03-31 | — | $52M | 100.9% | Unstressed |
| Crescent Private Credit Income Corpmatched: name · 2026-03-31 | — | $28M | 101.1% | 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.