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 $1.3B 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 | $574M | 1.5% |
| Blue Owl Capital Corporation⚠ unreconciledBlue Owl · matched: name | 2026-03-31 | $176M | 1.0% |
| Blue Owl Technology Finance Corp.Blue Owl · matched: name | 2026-03-31 | $161M | 1.0% |
| Blue Owl Technology Income Corp.Blue Owl · matched: name | 2026-03-31 | $101M | 1.9% |
| Golub Capital Private Credit FundGolub Capital · matched: name | 2026-03-31 | $49M | 0.5% |
| T. Rowe Price Oha Select Private Credit FundOha Private Credit Advisors LLC · matched: name | 2026-03-31 | $40M | 1.3% |
| Antares Strategic Credit FundAntares Capital · matched: name | 2026-03-31 | $33M | 0.7% |
| Goldman Sachs Private Credit Corp.⚠ unreconciledGoldman Sachs · matched: name | 2026-03-31 | $28M | 0.2% |
| Golub Capital BDCGolub Capital · matched: name | 2026-03-31 | $19M | 0.2% |
| Jefferies Credit Partners BDC Inc.Jefferies Credit · matched: name | 2026-03-31 | $15M | 0.9% |
| Antares Private Credit FundAntares Capital · matched: name | 2026-03-31 | $11M | 0.7% |
| Oha Senior Private Lending Fund (u) LLCmatched: name | 2026-03-31 | $8M | 1.9% |
| New Mountain Guardian IV BDC, L.L.C.New Mountain · matched: name | 2026-03-31 | $7M | 0.3% |
| T. Rowe Price OHA Flexible Credit Income FundOha Private Credit Advisors LLC · matched: name | 2026-03-31 | $7M | 2.7% |
| New Mountain Private Credit Fund⚠ unreconciledNew Mountain · matched: name | 2026-03-31 | $7M | 0.3% |
| Senior Credit Investments, LLCJefferies Credit · matched: name | 2026-03-31 | $6M | 1.0% |
| Golub Capital Private Income Fund IGolub Capital · matched: name | 2026-03-31 | $5M | 1.3% |
| Golub Capital BDC 4, Inc.Golub Capital · matched: name | 2026-03-31 | $5M | 0.2% |
| StepStone Private Credit Co-Investment FundStepStone · matched: name | 2026-03-31 | $4M | 1.7% |
| NMF SLF I, Inc.matched: name | 2026-03-31 | $4M | 0.3% |
| Golub Capital Private Income Fund SGolub Capital · matched: name | 2026-03-31 | $4M | 1.5% |
| Golub Capital Direct Lending CorpGolub Capital · matched: name | 2026-03-31 | $2M | 0.2% |
| New Mountain Guardian IV Income Fund, L.L.C.New Mountain · matched: name | 2026-03-31 | $1M | 0.3% |
The range across reported debt positions in the same borrower — fair value over amortized cost as filed — for 21 funds holding it in Q1'26.
21 funds · 51 positions · Q1'26
Instrument stated on 9 of 51 positions (18%). 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 |
|---|---|---|---|---|
| Goldman Sachs Private Credit Corp.⚠ unreconciledmatched: name · 2026-03-31 | — | $3M | 1.0% |
| Antares Strategic Credit Fundmatched: name · 2026-03-31 | — | $0M | 85.9% | Stress |
| Antares Private Credit Fundmatched: name · 2026-03-31 | — | $0M | 91.6% | Watch |
| Golub Capital Private Income Fund Imatched: name · 2026-03-31 | — | $0M | 96.2% | Unstressed |
| Golub Capital Private Income Fund Smatched: name · 2026-03-31 | — | $0M | 96.3% | Unstressed |
| Golub Capital Private Credit Fundmatched: name · 2026-03-31 | — | $0M | 96.3% | Unstressed |
| Golub Capital BDCmatched: name · 2026-03-31 | — | $0M | 97.4% | Unstressed |
| Golub Capital Private Income Fund Imatched: name · 2026-03-31 | — | $5M | 98.0% | Unstressed |
| Golub Capital Private Income Fund Smatched: name · 2026-03-31 | — | $4M | 98.0% | Unstressed |
| Golub Capital Direct Lending Corpmatched: name · 2026-03-31 | — | $1M | 98.6% | Unstressed |
| Golub Capital BDCmatched: name · 2026-03-31 | — | $12M | 98.6% | Unstressed |
| Golub Capital BDC 4, Inc.matched: name · 2026-03-31 | — | $3M | 98.6% | Unstressed |
| Golub Capital Private Credit Fundmatched: name · 2026-03-31 | — | $16M | 98.6% | Unstressed |
| New Mountain Guardian IV BDC, L.L.C.matched: name · 2026-03-31 | — | $0M | 98.6% | Unstressed |
| Antares Strategic Credit Fundmatched: name · 2026-03-31 | — | $30M | 98.8% | Unstressed |
| Blue Owl Technology Income Corp.matched: name · 2026-03-31 | — | $10M | 99.2% | Unstressed |
| Blue Owl Credit Income Corp.matched: name · 2026-03-31 | — | $58M | 99.2% | Unstressed |
| Antares Private Credit Fundmatched: name · 2026-03-31 | — | $11M | 99.3% | Unstressed |
| Blue Owl Technology Finance Corp.matched: name · 2026-03-31 | — | $16M | 99.3% | Unstressed |
| Blue Owl Capital Corporation⚠ unreconciledmatched: name · 2026-03-31 | — | $19M | 99.3% | Unstressed |
| T. Rowe Price Oha Select Private Credit Fundmatched: name · 2026-03-31 | — | $0M | 99.3% | Unstressed |
| Golub Capital Direct Lending Corpmatched: name · 2026-03-31 | — | $1M | 99.5% | Unstressed |
| New Mountain Private Credit Fund⚠ unreconciledmatched: name · 2026-03-31 | First Lien First lien | $1M | 99.5% | Unstressed |
| Golub Capital Private Credit Fundmatched: name · 2026-03-31 | — | $33M | 99.5% | Unstressed |
| Golub Capital BDCmatched: name · 2026-03-31 | — | $6M | 99.5% | Unstressed |
| Golub Capital BDC 4, Inc.matched: name · 2026-03-31 | — | $2M | 99.6% | Unstressed |
| T. Rowe Price Oha Select Private Credit Fundmatched: name · 2026-03-31 | — | $3M | 99.8% | Unstressed |
| Oha Senior Private Lending Fund (u) LLCmatched: name · 2026-03-31 | — | $1M | 99.8% | Unstressed |
| NMF SLF I, Inc.matched: name · 2026-03-31 | — | $1M | 99.9% | Unstressed |
| New Mountain Guardian IV Income Fund, L.L.C.matched: name · 2026-03-31 | First Lien First lien | $1M | 99.9% | Unstressed |
| New Mountain Guardian IV BDC, L.L.C.matched: name · 2026-03-31 | First Lien First lien | $5M | 100.0% | Unstressed |
| NMF SLF I, Inc.matched: name · 2026-03-31 | — | $3M | 100.0% | Unstressed |
| New Mountain Private Credit Fund⚠ unreconciledmatched: name · 2026-03-31 | First Lien First lien | $6M | 100.0% | Unstressed |
| Golub Capital Direct Lending Corpmatched: name · 2026-03-31 | — | $0M | 100.0% | Unstressed |
| Golub Capital BDC 4, Inc.matched: name · 2026-03-31 | — | $0M | 100.0% | Unstressed |
| Oha Senior Private Lending Fund (u) LLCmatched: name · 2026-03-31 | — | $0M | 100.0% | Unstressed |
| New Mountain Guardian IV Income Fund, L.L.C.matched: name · 2026-03-31 | — | $0M | 100.0% | Unstressed |
| New Mountain Private Credit Fund⚠ unreconciledmatched: name · 2026-03-31 | — | $0M | 100.0% | Unstressed |
| Golub Capital Private Income Fund Smatched: name · 2026-03-31 | — | $0M | 100.0% | Unstressed |
| Golub Capital Private Income Fund Imatched: name · 2026-03-31 | — | $0M | 100.0% | Unstressed |
| Blue Owl Capital Corporation⚠ unreconciledmatched: name · 2026-03-31 | First lien senior secured loan First lien | $158M | 100.1% | Unstressed |
| Blue Owl Technology Finance Corp.matched: name · 2026-03-31 | First lien senior secured loan First lien | $145M | 100.2% | Unstressed |
| Blue Owl Credit Income Corp.matched: name · 2026-03-31 | First lien senior secured loan First lien | $516M | 100.2% | Unstressed |
| Blue Owl Technology Income Corp.matched: name · 2026-03-31 | — | $91M | 100.2% | Unstressed |
| Goldman Sachs Private Credit Corp.⚠ unreconciledmatched: name · 2026-03-31 | — | $25M | 100.4% | Unstressed |
| New Mountain Guardian IV BDC, L.L.C.matched: name · 2026-03-31 | First Lien First lien | $1M | 100.5% | Unstressed |
| New Mountain Guardian IV BDC, L.L.C.matched: name · 2026-03-31 | First Lien First lien | $1M | 100.5% | Unstressed |
| Oha Senior Private Lending Fund (u) LLCmatched: name · 2026-03-31 | — | $7M | 100.5% | Unstressed |
| T. Rowe Price Oha Select Private Credit Fundmatched: name · 2026-03-31 | — | $36M | 100.5% | Unstressed |
| Jefferies Credit Partners BDC Inc.matched: name · 2026-03-31 | — | $15M | 100.5% | Unstressed |
| Senior Credit Investments, LLCmatched: name · 2026-03-31 | — | $6M | 100.6% | 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.