How many private credit firms does DFX track?
DFX currently tracks 2,361 private credit firms, as of 7 October 2026.
2,361
As of
Definition
Non-bank lenders to private companies: BDC advisers, direct lenders and private credit fund managers.
Geography
United States.
Included
- Advisers to business development companies, from SEC filings.
- Managers of private credit funds, from Form D and Form ADV.
- Direct lenders named as lenders in loan and facility records.
Excluded
- Banks, which are counted separately.
- The BDCs and credit funds themselves, and their borrowers.
Methodology
Each firm is one entity on the private credit graph; a firm with a candidate class only is still counted here and marked as such on its record.
The graph behind this figure reads 30 registered sources, each listed with its rights determination on the sources page.
Update cadence
Recounted every time the graph's published totals are rebuilt, which happens several times a day; the date above is the latest rebuild.
The lists behind this figure
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