Golub Capital Private Credit Fund is a non-diversified, closed-end BDC formed in May 2022 and externally managed by GC Advisors LLC, an affiliate of Golub Capital. Its investment objective is to generate current income and capital appreciation. Under normal circumstances, the Fund will invest at least 80% of its total assets in private credit investments, with a primary focus on directly originated and privately negotiated loans to U.S. middle-market companies, especially one stop and other senior secured loans. The Fund may also invest in liquid credit instruments such as broadly syndicated loans, securitized products and corporate bonds, and it has commenced a quarterly share repurchase program at the Board’s discretion.
News and Notices
Golub Capital
2024
'40 Act
Non-Traded BDC
USD
Quarterly
Daily
1.25%
September 30
News and Notices
Portfolio Holdings
Portfolio Composition
Growth
Capital Flows
Share Classes
Returns
Fees
Ownership
Operating Metrics
Per Page
10
Notices
Oct 10, 2025
16:14
Compliance
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Golub Capital Private Credit Fund renewed its fidelity bond with Continental Insurance for September 1, 2026 to September 1, 2027, providing $2.5 million per-loss coverage. The renewal maintains required fidelity coverage beyond the prior expiration date.
Mar 24, 2024
17:51
Marketing Materials, Performance
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Golub Capital Private Credit Fund’s Q2 2026 quarterly update reported a 2.47% Class I quarterly return, net asset value per share rising from $24.14 to $24.17, and $9.6 billion of total investments. Investors must review the prospectus before investing.
Jan 24, 2025
16:19
Distributions
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Golub Capital Private Credit Fund declared August 2026 distributions of $0.1875 per Class I and Class S common share, with net Class S distributions of $0.1704. Record shareholders on August 31 will receive cash or reinvested distributions around September 29.
Oct 17, 2024
17:27
Subscriptions
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Golub Capital Private Credit Fund added exhibits for its continuous common share registration, which includes $5 billion of additional registered common shares and $10 billion total registered common shares. The update leaves other offering disclosures unchanged.
Oct 11, 2025
16:14
Redemptions
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Golub Capital Private Credit Fund reported final tender offer results: 9,042,171 shares were validly tendered and fully accepted, with $218.5 million of aggregate net asset value repurchased at $24.17 per share.
Aug 06, 2024
16:33
Distributions
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Golub Capital Private Credit Fund declared August, September and October 2026 regular distributions of $0.1875 per share for Class I and Class S common shares. Month-end recordholders will receive cash or reinvest distributions into the same share class if enrolled.
Jan 03, 2026
08:32
Marketing Materials, Redemptions
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Golub Capital Private Credit Fund reported July 29, 2026 tender-period repurchase requests decreased from 8.5% to 4.8% of common shares outstanding, below its 5.0% quarterly repurchase limit. All repurchase requests will be honored at June 30, 2026 net asset value.
Mar 24, 2026
16:14
Distributions
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Golub Capital Private Credit Fund announced July distributions of $0.1875 per Class I common share and a $0.1704 net distribution per Class S common share. Record date is July 31, with payment around August 28 in cash or reinvested shares.
Sep 17, 2024
17:00
Subscriptions
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Golub Capital Private Credit Fund added Ernst & Young’s July 17, 2026 consent to offering materials for registered common shares increasing from $5 billion to $10 billion. The amendment became effective immediately and makes no other changes.
Jan 07, 2025
17:26
Debt Issuances
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Golub Capital Private Credit Fund amended its $300 million unsecured revolving credit agreement with GC Advisors, extending the maturity from July 3, 2026 to July 3, 2029. Borrowing availability continues until the day before the revised date, subject to conditions.
Preview
News
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Debt
BDCs
Capital Flows
North America
Redemptions ease at Golub BDC in July tender
Aug 4, 2026

GCRED will accept all of the 4.8% in withdrawal requests received at its June 30 NAV, down from 8.5% in the prior quarter.

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Contributors
Research & Stats
Debt
BDCs
Capital Flows
After the Storm: Why Private Credit Redemption Queues Will Endure
Jul 8, 2026

Mark Goldberg of Alternative Investments Market Intelligence analyzes why redemption queues across non-traded BDCs could take years to clear despite easing withdrawal demand.

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Debt
BDCs
Capital Flows
North America
Golub Capital's BDC caps quarterly repurchases
May 7, 2026

Withdrawal requests in the $10 billion Golub Capital Private Credit Fund reached 8.5% of outstanding shares in Q2.

Golub Capital Private Credit Fund
Golub Capital is responsible for managing Golub Capital Private Credit Fund.
Golub Capital Private Credit Fund launched in 2024.
Golub Capital Private Credit Fund is registered as a '40 Act fund.
Golub Capital Private Credit Fund is structured as a Non-Traded BDC fund.
You can invest in Golub Capital Private Credit Fund by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in Golub Capital Private Credit Fund daily, subject to eligibility and fund subscription deadlines.
You can redeem shares of Golub Capital Private Credit Fund quarterly, subject to redemption limits and notice requirements.
Shares of Golub Capital Private Credit Fund can be purchased in USD.
Golub Capital Private Credit Fund's fiscal year end is September 30.
Golub Capital Private Credit Fund's net asset value was $4,474.9 million and its portfolio had a fair value of $8,870.6 million as of June 30, 2026.
Among other deal types, Golub Capital Private Credit Fund primarily makes Debt Investments.
Among other asset classes, Golub Capital Private Credit Fund primarily invests in Energy and Direct Lending.
Among other regions, Golub Capital Private Credit Fund primarily invests in the USA and United Kingdom.
Golub Capital Private Credit Fund charges a 1.25% annual management fee, which is calculated based on NAV.
You can invest in GCRED-S shares with a minimum initial investment of $2,500.
You will be subject to paying an early repurchase/redemption fee of 2%.
Golub Capital Private Credit Fund's GCRED-I share class generated an annualized 1-month return of 10.15% and 3-year return of 8.91% as of June 30, 2026.
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