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 $1.7B 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 | $378M | 1.0% |
| Blackstone Private Credit Fund⚠ unreconciledBlackstone · matched: name | 2026-03-31 | $266M | 0.3% |
| Blackstone Secured LendingBlackstone · matched: name | 2026-03-31 | $164M | 1.1% |
| North Haven Private Income Fund LLCMorgan Stanley · matched: name | 2026-03-31 | $112M | 1.7% |
| Blue Owl Capital Corporation⚠ unreconciledBlue Owl · matched: name | 2026-03-31 | $97M | 0.5% |
| Blue Owl Technology Finance Corp.Blue Owl · matched: name | 2026-03-31 | $91M | 0.6% |
| Oaktree Strategic Credit FundOaktree · matched: name | 2026-03-31 | $81M | 1.2% |
| HPS Corporate Lending FundHPS Investment Partners · matched: name | 2026-03-31 | $64M | 0.2% |
| Blue Owl Technology Income Corp.Blue Owl · matched: name | 2026-03-31 | $62M | 1.1% |
| Oaktree Gardens Olp, LLCOaktree · matched: name | 2026-03-31 | $56M | 6.0% |
| Golub Capital BDCGolub Capital · matched: name | 2026-03-31 | $48M | 0.6% |
| Morgan Stanley Direct Lending Fund⚠ unreconciledMorgan Stanley · matched: name | 2026-03-31 | $39M | 1.0% |
| Golub Capital Private Credit FundGolub Capital · matched: name | 2026-03-31 | $28M | 0.3% |
| Oaktree Specialty Lending Corp⚠ unreconciledOaktree · matched: name | 2026-03-31 | $27M | 0.8% |
| Agl Private Credit Income Fund⚠ unreconciledAgl · matched: name | 2026-03-31 | $26M | 1.7% |
| Crescent Capital BDC, Inc.Crescent Capital · matched: name | 2026-03-31 | $24M | 1.6% |
| Amg Comvest Senior Lending FundComvest Credit Managers, LLC · matched: name | 2026-03-31 | $18M | 2.0% |
| Jefferies Credit Partners BDC Inc.Jefferies Credit · matched: name | 2026-03-31 | $18M | 1.0% |
| SL Investment Fund II LLCMorgan Stanley · matched: name | 2026-03-31 | $18M | 2.7% |
| Andalusian Credit Company, LLCAndalusian Credit · matched: name | 2026-03-31 | $13M | 3.5% |
| Stepstone Private Credit Fund LLC⚠ unreconciledStepStone · matched: name | 2026-03-31 | $12M | 0.3% |
| T. Rowe Price Oha Select Private Credit FundOha Private Credit Advisors LLC · matched: name | 2026-03-31 | $12M | 0.4% |
| Golub Capital BDC 4, Inc.Golub Capital · matched: name | 2026-03-31 | $12M | 0.5% |
| Blackrock Private Credit FundBlackRock · matched: name | 2026-03-31 | $10M | 0.4% |
| Antares Private Credit FundAntares Capital · matched: name | 2026-03-31 | $8M | 0.4% |
| Investcorp Credit Management BDC, Inc.⚠ unreconciledCM Investment Partners, LLC · matched: name | 2026-03-31 | $7M | 4.0% |
| Senior Credit Investments, LLCJefferies Credit · matched: name | 2026-03-31 | $7M | 1.2% |
| Oha Senior Private Lending Fund (u) LLCmatched: name | 2026-03-31 | $6M | 1.3% |
| Antares Strategic Credit FundAntares Capital · matched: name | 2026-03-31 | $5M | 0.1% |
| North Haven Private Income Fund A LLCMorgan Stanley · matched: name | 2026-03-31 | $5M | 0.8% |
| Lgam Private Credit LLCMorgan Stanley · matched: name | 2026-03-31 | $5M | 1.0% |
| Golub Capital Direct Lending CorpGolub Capital · matched: name | 2026-03-31 | $4M | 0.5% |
| StepStone Private Credit Income Fund⚠ unreconciledStepStone · matched: name | 2026-03-31 | $4M | 0.4% |
| Blue Owl Capital Corp IIBlue Owl · matched: name | 2026-03-31 | $4M | 0.4% |
| KKR Asset-Based Finance Fund⚠ unreconciledKKR · matched: name | 2026-04-30 | $3M | 0.7% |
| Investcorp US Private Credit BDC IImatched: name | 2026-03-31 | $3M | 7.3% |
| Golub Capital Direct Lending Unlevered CorpGolub Capital · matched: name | 2026-03-31 | $3M | 0.7% |
| Oaktree Diversified Income Fund Inc.⚠ unreconciledOaktree · matched: name | 2026-03-31 | $2M | 0.9% |
| Blackrock Direct Lending Corp.BlackRock · matched: name | 2026-03-31 | $1M | 0.6% |
The range across reported debt positions in the same borrower — fair value over amortized cost as filed — for 35 funds holding it in Q1'26.
35 funds · 36 positions · Q1'26
Instrument stated on 7 of 36 positions (19%). 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 |
|---|---|---|---|---|
| Antares Private Credit Fundmatched: name · 2026-03-31 | — | $8M | 99.5% | Unstressed |
| Antares Strategic Credit Fundmatched: name · 2026-03-31 | — | $5M | 99.6% | Unstressed |
| Stepstone Private Credit Fund LLC⚠ unreconciledmatched: name · 2026-03-31 | First Lien Senior Secured First lien | $12M | 99.9% | Unstressed |
| Blackrock Private Credit Fundmatched: name · 2026-03-31 | — | $10M | 99.9% | Unstressed |
| North Haven Private Income Fund LLCmatched: name · 2026-03-31 | — | $111M | 100.0% | Unstressed |
| North Haven Private Income Fund A LLCmatched: name · 2026-03-31 | — | $5M | 100.0% | Unstressed |
| Andalusian Credit Company, LLCmatched: name · 2026-03-31 | — | $13M | 100.0% | Unstressed |
| Lgam Private Credit LLCmatched: name · 2026-03-31 | — | $5M | 100.0% | Unstressed |
| Agl Private Credit Income Fund⚠ unreconciledmatched: name · 2026-03-31 | — | $2M | 100.0% | Unstressed |
| SL Investment Fund II LLCmatched: name · 2026-03-31 | — | $18M | 100.0% | Unstressed |
| Morgan Stanley Direct Lending Fund⚠ unreconciledmatched: name · 2026-03-31 | — | $36M | 100.0% | Unstressed |
| Amg Comvest Senior Lending Fundmatched: name · 2026-03-31 | — | $18M | 100.0% | Unstressed |
| Investcorp US Private Credit BDC IImatched: name · 2026-03-31 | — | $3M | 100.1% | Unstressed |
| Agl Private Credit Income Fund⚠ unreconciledmatched: name · 2026-03-31 | — | $24M | 100.2% | Unstressed |
| Blue Owl Technology Finance Corp.matched: name · 2026-03-31 | First lien senior secured loan First lien | $91M | 100.2% | Unstressed |
| Investcorp Credit Management BDC, Inc.⚠ unreconciledmatched: name · 2026-03-31 | — | $7M | 100.2% | Unstressed |
| Oha Senior Private Lending Fund (u) LLCmatched: name · 2026-03-31 | — | $6M | 100.3% | Unstressed |
| Oaktree Strategic Credit Fundmatched: name · 2026-03-31 | — | $81M | 100.3% | Unstressed |
| Oaktree Specialty Lending Corp⚠ unreconciledmatched: name · 2026-03-31 | — | $27M | 100.3% | Unstressed |
| Oaktree Gardens Olp, LLCmatched: name · 2026-03-31 | First Lien Term Loan First lien | $56M | 100.3% | Unstressed |
| Blue Owl Capital Corp IImatched: name · 2026-03-31 | First lien senior secured loan First lien | $4M | 100.3% | Unstressed |
| Blackrock Direct Lending Corp.matched: name · 2026-03-31 | — | $1M | 100.3% | Unstressed |
| Blue Owl Technology Income Corp.matched: name · 2026-03-31 | First lien senior secured loan First lien | $62M | 100.4% | Unstressed |
| Blue Owl Credit Income Corp.matched: name · 2026-03-31 | First lien senior secured loan First lien | $378M | 100.4% | Unstressed |
| Golub Capital BDCmatched: name · 2026-03-31 | — | $48M | 100.4% | Unstressed |
| Blackstone Secured Lendingmatched: name · 2026-03-31 | — | $164M | 100.4% | Unstressed |
| T. Rowe Price Oha Select Private Credit Fundmatched: name · 2026-03-31 | — | $12M | 100.4% | Unstressed |
| Golub Capital BDC 4, Inc.matched: name · 2026-03-31 | — | $12M | 100.4% | Unstressed |
| Golub Capital Direct Lending Unlevered Corpmatched: name · 2026-03-31 | — | $3M | 100.4% | Unstressed |
| Golub Capital Direct Lending Corpmatched: name · 2026-03-31 | — | $4M | 100.4% | Unstressed |
| Blackstone Private Credit Fund⚠ unreconciledmatched: name · 2026-03-31 | — | $266M | 100.5% | Unstressed |
| Golub Capital Private Credit Fundmatched: name · 2026-03-31 | — | $28M | 100.5% | Unstressed |
| Crescent Capital BDC, Inc.matched: name · 2026-03-31 | — | $20M | 100.6% | Unstressed |
| Jefferies Credit Partners BDC Inc.matched: name · 2026-03-31 | — | $18M | 100.7% | Unstressed |
| Senior Credit Investments, LLCmatched: name · 2026-03-31 | — | $7M | 100.7% | Unstressed |
| Blue Owl Capital Corporation⚠ unreconciledmatched: name · 2026-03-31 | First lien senior secured loan First lien | $97M | 100.9% | 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.