Largest private credit fund closes of 2026

The largest private credit fund close reported in 2026 so far is a fund from Barings at $19B, first reported May 19. FundOpsHQ has ranked 67 final closes in private credit this year, totalling $215B.

Final closes · 2026 to date

67 closes · $215B

#	Manager and fund	Size	Market	Reported	Source
1	BaringsFund not named in the reports	$19B	Credit	May 19	Pensions & Investments 2 sources
2	HayfinFund not named in the reports	≈$16.5B	Credit	Jul 2	WSJ 5 sources
3	Intermediate Capital GroupICG Europe Fund IX	≈$13.2B	Credit	Sep 9	Alternative Credit Investor 3 sources
4	Ares ManagementPathfinder III	$12.7B	Credit	Aug 11	Alternative Credit Investor
5	Crescent Capital GroupCrescent Direct Lending Fund IV	$10.8B	Credit	Jun 3	Pensions & Investments 6 sources
6	BlackstoneBlackstone Capital Opportunities Fund V	$10B	Credit	Apr 7	Pensions & Investments 8 sources
7	Antares Capital AdvisersAntares Senior Loan Fund III	$8.5B	Credit	May 12	Pensions & Investments 5 sources
8	Ares ManagementAres Special Opportunities Fund III	$8.3B†	Credit	Apr 1	Pensions & Investments 7 sources
9	Adams Street PartnersFund not named in the reports	$7.5B	Credit	Apr 13	Private Debt Investor 7 sources
10	17CapitalCredit Fund 2	$7.5B	Credit	Mar 31	Private Equity Wire 5 sources
11	ApolloFund not named in the reports	$6.5B	Credit	May 5	Private Debt Investor 4 sources
12	Tikehau CapitalEuropean Direct Lending Fund VI	≈$5.7B	Credit	Jul 24	Alternative Credit Investor 4 sources
13	BridgepointBridgepoint European Direct Lending Fund IV	≈$5.6B	Credit	Aug 3	Private Equity Wire 5 sources
14	AudaxFund not named in the reports	$5.4B†	Credit	Sep 30	AltAssets 8 sources
15	Manulife I ComvestFund not named in the reports	$5.4B	Credit	Aug 3	Private Debt Investor 3 sources
16	EurazeoFund not named in the reports	≈$4.3B	Credit	Jun 2	PitchBook 5 sources
17	AriniArini Direct Lending Fund I	$4B	Credit	Oct 21	Private Debt Investor 5 sources
18	Silver Rock Capital PartnersSilver Rock Capital Partners Tactical Allocation	$4B	Credit	Apr 29	AltAssets 2 sources
19	PembertonCredit Opportunities IV	≈$3.7B	Credit	May 28	Private Debt Investor 4 sources
20	Cheyne CapitalCheyne Real Estate Credit Holdings (CRECH) IX – Capital Solutions	≈$3.3B†	Credit	Sep 23	Alternative Credit Investor 4 sources
21	BNP Paribas AMFund not named in the reports	≈$3.3B	Credit	May 12	PERE
22	Pollen StreetCredit Fund IV	≈$3.2B	Credit	Apr 9	Private Debt Investor 2 sources
23	GoldenTree Asset ManagementGoldenTree Tactical Opportunities Fund	$3B	Credit	Apr 16	AltAssets
24	GoldenTree Asset ManagementPrivate Credit Fund II	$2.8B	Credit	Jul 20	Alternative Credit Investor 5 sources
25	Comvest PartnersComvest Credit Partners VII	$2.6B	Credit	Apr 16	Private Debt Investor
26	EurazeoEurazeo Direct Lending Fund VI	≈$2.5B	Credit	Aug 18	Private Debt Investor
27	Primary WavePrimary Wave Music Royalties Fund IV	$2.2B	Credit	Apr 29	Private Debt Investor
28	Oaktree Capital ManagementFund not named in the reports	$2B	Credit	Oct 1	Private Equity Wire 10 sources
29	HSBC Asset ManagementHSBC AM second UK direct lending fund	$2B	Credit	Jun 5	Alternative Credit Investor 2 sources
30	L Squared Capital PartnersL Squared Capital Partners Fund V	$2B	Credit	Apr 2	Business Wire
31	Truelink CapitalTruelink Fund II	$2B	Credit	Mar 9	WSJ 5 sources
32	ApolloApollo Liquid Credit Fund	$1.9B	Credit	May 4	Private Debt Investor 2 sources
33	OICCredit Opportunities Fund IV	$1.6B	Credit	Mar 31	Business Wire
34	Muzinich & CoFund not named in the reports	≈$1.5B	Credit	Jun 15	Private Equity Wire
35	Stellus Capital ManagementStellus Credit Fund IV	$1.5B	Credit	May 19	Alternative Credit Investor 5 sources
36	Sound Point Capital ManagementFund not named in the reports	$1.5B	Credit	Mar 5	Alternative Credit Investor 2 sources
37	BNP Paribas AM AltsFund not named in the reports	≈$1.3B	Credit	Sep 7	Infrastructure Investor 2 sources
38	S3 CapitalS3 LB RE Credit Fund III	$1.3B	Credit	May 7	Alternative Credit Investor 3 sources
39	HinesFund not named in the reports	$1.1B	Credit	Sep 14	PERE 6 sources
40	AllianzGIAllianzGI Impact Direct Lending Fund	≈$1.1B	Credit	Sep 9	New Private Markets 2 sources
41	Northwind GroupNorthwind Debt Fund III	$1B	Credit	Oct 21	Commercial Observer 6 sources
42	SlateFund not named in the reports	$1B	Credit	Jul 30	Private Debt Investor
43	S3Fund not named in the reports	$850M	Credit	May 7	PERE 2 sources
44	Prospect RidgeFund not named in the reports	$800M	Credit	Aug 19	PERE
45	Dwight CapitalFund not named in the reports	$723M	Credit	Sep 17	Business Wire
46	Crestline ManagementCrestline European Capital Solutions Fund II	$625M	Credit	Aug 20	Alternative Credit Investor 3 sources
47	Dwight CapitalFund not named in the reports	$624M	Credit	Oct 19	Business Wire
48	Eagle PointFund not named in the reports	$559M	Credit	Mar 10	Private Debt Investor 2 sources
49	Kotak Alternate Asset ManagersKotak Yield & Growth Fund	$522M	Credit	Sep 23	HedgeCo 2 sources
50	Granite AsiaLibra Hybrid	$500M	Credit	Sep 9	Private Equity Wire

Showing the largest 50 of 67. Final closes only, as reported; ≈ converted to dollars from another currency; † the reports also give a higher figure. What counts is set out on the league tables page. Updated Oct 22, 10:36 AM ET.