Private company

Jefferies Credit Partners BDC Inc.

Investment fund that raised $1.2 billion in 2023 (SEC Form D)2

In its 2026 annual report the company says: “Jefferies Credit Partners BDC Inc. is a private, perpetually offered, externally managed, non-diversified, closed-end management investment company, which has elected to be regulated as a BDC under the Investment Company Act of 1940, as amended. The Company has elected to be treated, and expects to qualify annually, as a RIC under Subchapter M of the Code. Our investment objective is to generate both current income and capital appreciation by investing primarily in senior secured loans to U.S. companies in the upper middle market.”6 It is headquartered in New York, United States.2

Last updated Oct 20, 2026.

Overview

$46.3MNet income, fiscal 20253
  • HeadquartersNew York, United States2
  • Incorporated inMD4
  • Business address520 Madison Avenue, New York, Ny 100224
  • Filer category, Emerging growth company4
  • Legal formCorporation2
  • Kind of organizationInvestment fund2
  • LEI254900SOHTS2CKGHVC862
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O CSC-LAWYERS INCORPORATING SERVICE COMPANY, 21202 Baltimore, United States2
  • Registered withSecurities and Exchange Commission, 00019596042

Jefferies Credit Partners BDC Inc. is a private, perpetually offered, externally managed, non-diversified, closed-end management investment company, which has elected to be regulated as a BDC under the Investment Company Act of 1940, as amended (the “Investment Company Act”). The Company has elected to be treated, and expects to qualify annually, as a RIC under Subchapter M of the Code.6 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income3$46.3M in 2025+79% since 2024
0$20.0M$40.0M$60.0M2024: $25.9M$25.9M20242025: $46.3M$46.3M2025+79%
Fiscal year202320242025
Operating expenses$34.8M3$64.1M3
Interest$22.4M3$44.8M3
Net income$25.9M3$46.3M3
Earnings per share$1.723$1.353
Earnings per share (diluted)$1.723$1.353
Shares (weighted, basic)15.1M shares334.4M shares3
Shares (weighted, diluted)15.1M shares334.4M shares3

Compare Jefferies Credit Partners BDC Inc. with another company

Corporate structure

Jefferies Credit Partners BDC Inc. sits at the top of its group. 7 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Jefferies Credit Partners BDC Inc.

  • Abu Dhabi Investment Authority Filed SCHEDULE 13D/A on Jefferies Credit Partners BDC Inc., latest Jul 27, 2026 (12 filings since Dec 13, 2023)
  • Jefferies Credit Partners Structured Solutions LLC Filed SCHEDULE 13D on Jefferies Credit Partners BDC Inc., latest Jul 2, 2026
  • DANSKE BANK A/S Filed SC 13G on Jefferies Credit Partners BDC Inc., latest Oct 7, 2024
  • JEFFERIES FINANCE LLC Filed SC 13D/A on Jefferies Credit Partners BDC Inc., latest Feb 6, 2024 (2 filings since Feb 2, 2024)
  • Jefferies Credit Partners BDC Inc. New York, New York, United States
    • JCP BDC Blocker LLC Subsidiary · Delaware, United States
    • JCP BDC SPV I LLC Subsidiary · Delaware, United States
    • JCP BDC SPV II LLC Subsidiary · Delaware, United States
    • Jefferies Credit Partners BDC CLO I Ltd. Subsidiary · Cayman Islands
    • Jefferies Credit Partners BDC CLO II Ltd. Subsidiary · Cayman Islands
    • JEFFERIES CREDIT PARTNERS STRUCTURED SOLUTIONS BDC FEEDER LP Fund · New York, New York, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Jefferies Credit Partners BDC Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$8.6M3 Dec 31, 2025$8.0M3 Dec 31, 2024+8.0%

Properties, in its own words

We do not own any real estate or other properties materially important to our operations. Our executive offices are located at 520 Madison Avenue, 12th Floor New York, New York and our telephone number is (212) 284-3474. We believe that our office facilities will be suitable and adequate for our business as it is contemplated to be conducted.

Item 2 of the 10-K filed Mar 20, 2026.6

Leadership

Who has led Jefferies Credit Partners BDC Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Jason Kennedy2023

Chief financial officer

  1. John Merritt Dalton2023

Chief operating officer

  1. Edmund Joseph Hess2023
2025
Board members and other officers (7)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorJonathan T. Lucas named Aug 11, 202622
  • DirectorRobert S. Franklin named Aug 11, 202622

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • JCP BDC Blocker LLC Delaware5
  • JCP BDC SPV I LLC Delaware5
  • JCP BDC SPV II LLC Delaware5
  • Jefferies Credit Partners BDC CLO I Ltd. Cayman Islands5
  • Jefferies Credit Partners BDC CLO II Ltd. Cayman Islands5

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Oct 1, 20268-K Unregistered sale of shares23
  2. Oct 1, 20268-K Other events24
  3. Sep 2, 20268-K Unregistered sale of shares25
  4. Sep 2, 20268-K Other events26
  5. Aug 5, 20268-K Other events27
  6. Jul 28, 20268-K Unregistered sale of shares28
  7. Jul 2, 20268-K Other events29
  8. Jun 30, 20268-K Unregistered sale of shares30
  9. Jun 2, 20268-K Other events31
  10. Jun 1, 20268-K Unregistered sale of shares32
  11. Apr 24, 20268-K Unregistered sale of shares33
  12. Apr 24, 20268-K Other events34
  13. Oct 10, 2023New chief executive Jason Kennedy becomes CEO12
  14. Aug 10, 2022Founded Jefferies Credit Partners BDC Inc. is founded2

Calendar

When it reported results

  1. Dec 8, 2023Reported quarterly or annual results35

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

152 filings to the SEC since October 2021: 3 annual reports, 9 quarterly reports, 65 major events, 26 insider forms, 16 large holders, 4 private raises, 29 other. The latest 20:

  1. Oct 1, 2026SC TO-I EDGAR
  2. Oct 1, 20268-K EDGAR
  3. Oct 1, 20268-K EDGAR
  4. Sep 2, 20268-K EDGAR
  5. Sep 2, 20268-K EDGAR
  6. Aug 18, 2026CORRESP EDGAR
  7. Aug 12, 202610-Q EDGAR
  8. Aug 11, 2026D/A EDGAR
  9. Aug 5, 20268-K EDGAR
  10. Aug 4, 2026SC TO-I/A EDGAR
  11. Jul 28, 20268-K EDGAR
  12. Jul 27, 20264 EDGAR
  13. Jul 27, 2026SCHEDULE 13D/A EDGAR
  14. Jul 2, 2026SCHEDULE 13D EDGAR
  15. Jul 2, 20263 EDGAR
  16. Jul 2, 20268-K EDGAR
  17. Jul 1, 2026SC TO-I EDGAR
  18. Jun 30, 20268-K EDGAR
  19. Jun 2, 20268-K EDGAR
  20. Jun 1, 20268-K EDGAR

The 152 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

10 open-market trades by officers, directors and large owners since October 2021: 10 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 23, 2026Platinum International Investment Holding RSC Ltd10% ownerBuy1,748,155$14.30$25.0MForm 4
Oct 22, 2025Platinum International Investment Holding RSC Ltd10% ownerBuy5,540,093$14.44$80.0MForm 4
Jul 22, 2025Platinum Falcon B 2018 RSC Ltd10% ownerBuy1,727,039$14.48$25.0MForm 4
Apr 23, 2025Platinum International Investment Holding RSC Ltd10% ownerBuy344,001$14.53$5.0MForm 4
Jan 21, 2025Abu Dhabi Investment Authority10% ownerBuy1,713,598$14.59$25.0MForm 4
Dec 24, 2024Platinum Falcon B 2018 RSC Ltd10% ownerBuy2,734,188$14.63$40.0MForm 4
Oct 21, 2024Platinum Falcon B 2018 RSC Ltd10% ownerBuy666,498$15.00$10.0MForm 4
Sep 23, 2024Platinum International Investment Holding RSC Ltd10% ownerBuy1,344,203$14.88$20.0MForm 4
Aug 26, 2024Platinum International Investment Holding RSC Ltd10% ownerBuy823,857$15.17$12.5MForm 4
Jan 23, 2024Abu Dhabi Investment Authority10% ownerBuy1,492,436$14.74$22.0MForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Dec 7, 2023Raised $1.2 billion in a private offering of equity Form D: 1,262 investors so far Form D

SEC filer profile

How Jefferies Credit Partners BDC Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARJefferies Credit Partners BDC Inc.1
  • CIK0001959604
  • Employer ID (EIN)92-18524836
  • Filer statusNon-accelerated filer an emerging growth company; not a smaller reporting company; not a shell company6
  • Incorporated inMaryland6
  • Fiscal year endsDecember 311
  • Business address520 Madison Avenue, New York, NY 100221
  • Phone(212) 708-26121
  • Shares outstanding48,609,341 Common Class I shares; 0 Common Class S shares; 0 Common Class D shares as of Mar 10, 20266
  • Public float$0 as of Dec 31, 20253
  • AuditorDeloitte & Touche LLP, New York, New York PCAOB ID 34; no auditor attestation of internal control over financial reporting6
  • On EDGAR sinceAug 11, 20231
  • Filings162 in all: 8-K (65), 3 (16), 4 (12), 10-Q (9), SC TO-I (9), SC TO-I/A (8), SC 13D/A (6), SCHEDULE 13D/A (6)1
    All 23 form types

    40-17G (4), CORRESP (4), 10-K (3), 40-APP (3), 40-APP/A (3), D/A (3), 10-12G/A (2), SC 13D (2), 10-12G (1), 3/A (1), APP WD (1), D (1), N-54A (1), SC 13G (1), SCHEDULE 13D (1)

  • Latest filingsAnnual report (10-K) Mar 20, 2026
    Quarterly report (10-Q) Aug 12, 2026
    Latest 8-K (8-K) Oct 1, 2026

Risk factors and legal proceedings

The risks Jefferies Credit Partners BDC Inc. names in Item 1A of its 10-K filed Mar 20, 2026: 74 risks under these headings, as written.6

  • We are a relatively new company and have a limited operating history.
  • We are dependent upon management personnel of our Investment Adviser for our success, and our financial condition and results of operations depend on our Investment Adviser’s ability to manage our future growth effectively.
  • We operate in a highly competitive market for investment opportunities and prospective investors.
  • The origination of new investment opportunities is dependent on the relationships that JFG has with its existing clients, including private equity sponsors.
  • General economic conditions could adversely affect the performance of our investments and operations.
  • Our ability to grow depends on our access to adequate capital.
  • A stockholder’s ownership percentage interest in us will be diluted if we issue additional shares.
  • Our ability to enter into transactions involving derivatives and financial commitment transactions may be limited.
  • Compliance with Rule 18f-4 may limit our investment discretion.
  • Beneficial owners of our equity securities may be subject to certain regulatory requirements based on their ownership percentages.
  • Stockholders may be subject to filing requirements under the Exchange Act as a result of their investment in us.
  • Certain investors will be limited in their ability to make significant investments in us.
The other 62 risks
  • Our Board of Directors may change our investment objective, operating policies and strategies without prior notice or stockholder approval.
  • Changes in laws or regulations governing our operations or the operations of our Portfolio Companies, changes in the interpretation thereof or newly enacted laws or regulations, or any failure by us or our Portfolio Companies to comply with these laws or regulations, could require changes to certain of our or our Portfolio Companies’ business practices, negatively impact our or our Portfolio Companies’ operations, cash flows or
  • financial condition, impose additional costs on us or our Portfolio Companies or otherwise adversely affect our business or the business of our Portfolio Companies.
  • We may experience fluctuations in our quarterly results.
  • We could be subject to review and approval by CFIUS or other regulatory agencies resulting in limitations or restrictions on our voting interests or management and information rights, including under certain default and foreclosure scenarios.
  • We may fail to satisfy an exception to holding “plan assets” within the meaning of ERISA.
  • Commodity Futures Trading Commission rules may have a negative impact on us and our Investment Adviser.
  • We are dependent on information systems, and systems failures, as well as operating failures, could significantly disrupt our business, which may, in turn, negatively affect our liquidity, financial condition or results of operations.
  • To the extent OID and PIK interest will constitute a portion of our income, we will be exposed to typical risks associated with such income being required to be included in taxable and accounting income prior to receipt of cash representing such income.
  • Risks Relating to Our Portfolio Company Investments
  • Our investments are risky and speculative.
  • Investing in companies in the middle market involves a number of significant risks.
  • We will generally not be in a position to exercise control over our Portfolio Companies or to prevent decisions by management of our Portfolio Companies that could decrease the value of our investments.
  • Many of our portfolio securities may not have a readily available market price and we will value these securities at fair value as determined in good faith under procedures adopted by our Board of Directors, which valuation is inherently subjective and may not reflect what we may actually realize for the sale of the investment.
  • The lack of liquidity in our investments may adversely affect our business.
  • We are a non-diversified investment company within the meaning of the Investment Company Act, and therefore we are not limited with respect to the proportion of our assets that may be invested in securities of a single issuer.
  • Our portfolio may be invested in a limited number of industries, which may subject us to a risk of significant loss if there is a downturn in a particular industry in which we invest.
  • Terrorist attacks, acts of war, global health emergencies or natural disasters may impact the businesses in which we invest and harm our business, operating results and financial condition.
  • Cybersecurity risks and cyber incidents may adversely affect our business or the business of our Portfolio Companies by causing a disruption to our operations or the operations of our Portfolio Companies, a compromise or corruption of our confidential information or the confidential information of our Portfolio Companies and/or damage to our business relationships or the business relationships of our Portfolio Companies, all of which could negatively impact the business, financial condition and operating results of us or our Portfolio Companies.
  • The development and use of artificial intelligence presents risks and challenges that could adversely impact our business, financial condition, and results of operations.
  • Artificial Intelligence and Machine Learning Developments may adversely affect our business.
  • Technological disruptions and innovations in established industries can impact the Company’s investment strategy.
  • Political Elections could create significant uncertainty with respect to legal, tax and regulatory policies.
  • Political Risks in General may adversely affect our business.
  • We may form one or more CLOs, which may subject us to certain structured financing risks.
  • Our failure to make follow-on investments in our Portfolio Companies could impair the value of our portfolio.
  • Our Portfolio Companies may prepay loans, which may reduce stated yields in the future if the capital returned cannot be invested in transactions with equal or greater expected yields.
  • Investments in common and preferred equity securities, many of which are illiquid with no readily available market, involve a substantial degree of risk.
  • By originating loans to companies that are experiencing significant financial or business difficulties, we may be exposed to distressed lending risks.
  • We may be exposed to special risks associated with bankruptcy cases.
  • We will have broad discretion over the use of proceeds of the funds we raise from investors and will use proceeds in part to satisfy operating expenses.
  • We may be exposed to unique conflicts of interest associated with certain investment opportunities in funded debt and related unfunded commitment financing transactions.
  • Declines in market prices and liquidity in the corporate debt markets can result in significant net unrealized depreciation of our portfolio, which in turn would affect our results of operations.
  • Economic recessions or downturns could impair our Portfolio Companies and harm our operating results.
  • Our Portfolio Companies may have incurred or issued, or may in the future incur or issue, debt or equity securities that rank equally with, or senior to, our investments in such companies, which could have an adverse effect on us in any liquidation of a Portfolio Company.
  • Our Portfolio Companies may be highly leveraged.
  • Portfolio Companies with floating rate debt may be exposed to a higher cost of debt due to a rise in interest rates.
  • We may expose ourselves to risks if we engage in hedging transactions.
  • We may initially invest a significant portion of the net proceeds from the offering of common stock primarily in high-quality short-term investments, which will generate lower rates of return than those expected from the interest generated on our intended investment program.
  • Inflation may adversely affect the business, results of operations and financial conditions of Portfolio Companies.
  • Trade negotiations and related government actions may create global supply chain issues and regulatory uncertainty for our Portfolio Companies and our investment strategies and adversely affect the profitability of our Portfolio Companies.
  • Complex restructurings.
  • Private equity sponsor concentrations.
  • Risks Related to the Investment Adviser and its Affiliates; Conflicts of Interest
  • Our Investment Adviser, its principals, investment professionals and employees and the members of its Investment Committee have certain conflicts of interest.
  • Our Investment Adviser will be paid the management fee even if the values of investments decline, and our Investment Adviser’s incentive fee may create incentives for it to make certain kinds of investments.
  • The incentive fee is based on pre-incentive fee net investment income.
  • Jefferies Financial Group Inc. and its affiliates may earn fees from Portfolio Companies and may earn fees in connection with sourcing investments for us.
  • Potential conflicts of interest with other businesses of JFG could impact our investment returns.
  • Our Investment Adviser can resign on 60 days’ notice. We may not be able to find a suitable replacement within that time, resulting in a disruption in our operations that could adversely affect our financial condition, business and results of operations.
  • Our Investment Adviser’s responsibilities and its liability to us are limited under the Investment Advisory Agreement, which may lead our Investment Adviser to act in a riskier manner on our behalf than it would when acting for its own account.
  • Our ability to enter into transactions with our affiliates is restricted.
  • Risks Related to Our Operation as a Business Development Company
  • Our operation as a BDC imposes numerous constraints on us and significantly reduces our operating flexibility. In addition, if we fail to maintain our status as a BDC, we might be regulated as a closed-end investment company, which would subject us to additional regulatory restrictions.
  • Regulations governing our operation as a BDC and RIC affect our ability to, and the way in which we, raise additional capital. These constraints may hinder our Investment Adviser’s ability to take advantage of attractive investment opportunities and to achieve our investment objective.
  • If we do not invest a sufficient portion of our assets in qualifying assets, we could fail to qualify as a BDC or be precluded from investing according to our current business strategy, which would have a material adverse effect on our business, financial condition and results of operations.
  • The Company may enter into individual Stockholder Agreements that result in different investment terms then provided in the organizational documents.
  • Risks Related to Debt Financing
  • We borrow money, which may magnify the potential for gain or loss and may increase the risk of investing in us.
  • We may be exposed to risks associated with changes in interest rates.
  • Although we do not intend to do so, we may also use leverage in the form of the issuance of shares of preferred stock, which could adversely affect the market value of our common stock.
  • Federal Income Tax Risks
  • The Company will be subject to corporate-level US federal income tax on all of its net income if it is unable to maintain RIC tax treatment under the Code.
  • Tax laws are subject to changes which may adversely affect the Company.
  • Risks Relating to the Offering and to Our Common Stock
  • Investors in offerings after the initial closing could receive fewer shares of common stock than anticipated.
  • Our common stock is subject to significant transfer restrictions, and an investment in our common stock generally will be illiquid.
  • An investor may be subject to the short-swing profits rules under the Exchange Act as a result of its investment in the shares of common stock.

Legal proceedings

We are not currently subject to any material pending legal proceedings. From time to time, we may be a party to certain legal proceedings in the ordinary course of business, including proceedings relating to the enforcement of our rights under loans to or other contracts with our Portfolio Companies.

The opening of Item 3, Legal Proceedings.6

Sources

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    SEC EDGAROther events
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