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Fortress Private Lending Fund

Fortress Investment Group · BDC

Program Overview

BDC
Fortress Private Lending Fund
Sponsor/Manager
Asset Class
Private Credit
Issuer
Fortress Private Lending Fund
Issuer Legal Structure
Delaware Statutory Trust
Program Life Structure
Evergreen
Securities Offered
Target Leverage
Minimum 150% asset coverage 150% coverage; actual 231% at 12/31/2025. $657.5M drawn of $1.15B committed: Scotiabank revolver ($400M, 2030), BAML ABL ($150M, 2029), Scotiabank ABL ($600M, 2034).
Strategy Risk/Return Profile
—
Managing Broker-Dealer
Scale
40,766,377 Class I shares outstanding
Raised To Date
$868,300,000
Strategy Overview

Externally managed, non-diversified, perpetual-life BDC seeking current income and, to a lesser extent, capital appreciation. It lends mainly first lien senior secured (including unitranche) and some second lien loans to U.S. middle-market companies ($25M-$250M EBITDA). At 12/31/2025: $1.49B fair value, 76 companies, 98.9% first lien floating-rate debt, 1.1% preferred equity, all debt performing; weighted average net LTV 45.0%.

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