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PC · PRIVATE CREDIT

KKR US Direct Lending Fund-U Inc.

KKR · Private Credit Tender Offer Fund (Master)

Program Overview

Private Credit Tender Offer Fund (Master)
KKR US Direct Lending Fund-U Inc.
Peer Group Filters
Objectives
Income
Asset Class
Private Credit
Vehicle
Tender Offer Fund
Single / Multi Asset
Multi-Asset
Sponsor/Manager
KKR
Asset Class
Private Credit
Issuer
KKR US Direct Lending Fund-U Inc.
Issuer Legal Structure
Delaware Corporation
Program Life Structure
Evergreen
Securities Offered
Target Leverage
Maximum 33% debt-to-total-assets Borrowings need 300% asset coverage (about 33.3% of total assets). Debt sits in wholly owned KKR US EVDL Funding LLC under a secured Citibank revolver at SOFR plus 2.25%: $74.5M drawn at June 30, 2026 against $1,849.5M of total assets.
Strategy Risk/Return Profile
-
Managing Broker-Dealer
Scale
1,709,515 Common Shares outstanding
Minimum Investment
$25,000
Common Shares · waivable
Strategy Overview

The PPM states the Company's investment objective is to generate current income. It invests primarily in direct lending investments in U.S. middle market companies and, under normal circumstances, invests at least 80% of net assets (plus borrowings for investment purposes) in loans to companies based in the United States. It focuses on directly originated and proprietary or limited syndicated transactions. It may invest without limit in subordinated debt, mezzanine and PIK debt and equity-linked instruments, may buy broadly syndicated and hard-asset financings, holds traded credit mainly for liquidity, and borrows within 1940 Act limits.

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