BlackRock Private Credit Fund

CIK 0001902649

BlackRock Private Credit Fund is a non-traded business development company. With $2.5 billion in total assets, it is a mid-sized fund in the coverage universe. The portfolio is concentrated in direct lending, with 100% in first-lien senior secured loans and 95% in floating-rate debt by fair value, at a weighted-average spread of 465 bps over the base rate. Its largest sector exposure is Information Technology (11% of holdings).

NAV/Share

$23.95

AUM

$2.5B

Positions

469

Strategy

Private Credit

Wtd. Avg. Coupon

8.0%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

4.6 yrs

100% coverage

Top 10 Concentration

17.2%

PIK in Terms

5.1%

Instrument type

Share of portfolio fair value

First Lien

100%

of fair value

First Lien99.8%

Industry exposure

Share of holdings fair value

Top 5

89%

of holdings

Information Technology11.3%

Industrials9.4%

Financials8.6%

Health Care6.2%

Other4.4%

Utilities1.7%

Materials1.5%

Communication Services1.3%

Consumer Discretionary1.1%

Energy0.8%

Real Estate0.3%

Consumer Staples0.1%

Unknown53.3%

Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.