Private company

TCW Direct Lending LLC

TCW Direct Lending LLC is a limited liability company registered in the United States, active since 2014.2 It is headquartered in Los Angeles, United States.2

Last updated Oct 20, 2026.

Overview

  • HeadquartersLos Angeles, United States2
  • Incorporated inDE3
  • Business address515 South Flower St, Los Angeles, Ca 900713
  • Filer categoryNon-accelerated filer3
  • Legal formLimited Liability Company2
  • LEI549300D2HINOEXTIE8402
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O NATIONAL REGISTERED AGENTS, INC., 19801 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 55020082

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Financials

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

Financial statements

Net income567-$17.3M in 2025
-$100.0M-$50.0M0$50.0M$100.0M$150.0M2021: $104.0M$104.0M20212022: $43.4M$43.4M2022−58%2023: $20.5M$20.5M2023−53%2024: -$93.5M-$93.5M20242025: -$17.3M-$17.3M2025−81%
Fiscal year202120222023202420252026
Operating expenses$12.1M5$13.1M6$19.7M6$18.9M6
Net income$104.0M5$43.4M6$20.5M7-$93.5M7-$17.3M7
Earnings per share$5.175$2.416$1.147-$5.187-$0.967
Earnings per share (diluted)$5.175$2.416$1.147-$5.187-$0.967
Shares (weighted, basic)18.0M shares618.0M shares718.0M shares718.0M shares7
Shares (weighted, diluted)18.0M shares618.0M shares718.0M shares718.0M shares7

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Corporate structure

TCW Direct Lending LLC sits at the top of its group. 4 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of TCW Direct Lending LLC

  • TCW Direct Lending LLC Los Angeles, California, United States
    • Precision Products Machining Group, LLC Subsidiary · Delaware, United States
    • TCW DL CTH LLC Subsidiary · Delaware, United States
    • TCW DL VI Funding I, LLC Subsidiary · Delaware, 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 TCW Direct Lending LLC 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$21.0M7 Dec 31, 2025$17.7M7 Dec 31, 2024+18.4%
Marketable securities, current$395.5M7 Dec 31, 2025$420.5M7 Dec 31, 2024−5.9%

Properties, in its own words

We maintain our principal executive office at 200 Clarendon Street, 19th Floor, Boston, Massachusetts 02116. We do not own any real estate. We believe that our present facilities are adequate to meet our current needs. If new or additional space is required, we believe that adequate facilities are available at competitive prices in the same area.

Item 2 of the 10-K filed Apr 3, 2026.14

Leadership

Who has led TCW Direct Lending LLC, and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. James G. Krause2014
201520202025
Board members and other officers (9)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Precision Products Machining Group, LLC Delaware4
  • TCW DL CTH LLC Delaware4
  • TCW DL VI Funding I, LLC Delaware4

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

Timeline

  1. Jul 22, 20268-K Shareholder vote25
  2. Aug 7, 20258-K Other events26
  3. Aug 5, 20258-K Shareholder vote27
  4. Oct 3, 20248-K Shareholder vote28
  5. Jul 12, 20248-K Shareholder vote29
  6. Jan 3, 20248-K Executive or director change30
  7. May 16, 20238-K Shareholder vote31
  8. Oct 11, 20228-K Shareholder vote32
  9. Jul 14, 20228-K Shareholder vote33
  10. Mar 20, 2014Founded TCW Direct Lending LLC is founded2

Filings

69 filings to the SEC since October 2021: 9 annual reports, 15 quarterly reports, 9 major events, 4 insider forms, 1 large holders, 31 other. The latest 20:

  1. Aug 12, 202610-Q EDGAR
  2. Jul 22, 20268-K EDGAR
  3. Jun 25, 2026DEF 14A EDGAR
  4. Jun 10, 2026PRE 14A EDGAR
  5. May 20, 20263 EDGAR
  6. May 13, 202610-Q EDGAR
  7. Apr 30, 20263 EDGAR
  8. Apr 30, 202610-K/A EDGAR
  9. Apr 3, 202610-K EDGAR
  10. Mar 31, 2026NT 10-K EDGAR
  11. Jan 21, 202640-17G EDGAR
  12. Nov 13, 202510-Q EDGAR
  13. Sep 24, 2025APP ORDR EDGAR
  14. Aug 29, 2025APP NTC EDGAR
  15. Aug 13, 202510-Q EDGAR
  16. Aug 7, 20258-K EDGAR
  17. Aug 5, 20258-K EDGAR
  18. Jun 30, 2025DEF 14A EDGAR
  19. Jun 18, 2025PRE 14A EDGAR
  20. May 15, 202510-Q EDGAR

The 69 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.

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.

SEC filer profile

How TCW Direct Lending LLC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARTCW Direct Lending LLC1
  • CIK0001603480
  • Employer ID (EIN)46-532736614
  • Filer statusNon-accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company14
  • Incorporated inDelaware14
  • Fiscal year endsDecember 311
  • Business address515 South Flower St, Los Angeles, CA 900711
  • Phone213-244-00001
  • Shares outstanding18,034,649 as of Aug 12, 202610
  • Public float$0 as of Dec 31, 202513
  • AuditorDeloitte & Touche LLP, Los Angeles, California, United States of America PCAOB ID 34; no auditor attestation of internal control over financial reporting14
  • On EDGAR sinceApr 18, 20141
  • Filings196 in all: 10-Q (37), 8-K (34), DEF 14A (15), 3 (13), 10-K (12), 40-17G (12), CORRESP (10), 4 (9)1
    All 30 form types

    PRE 14A (8), 40-APP/A (7), 10-K/A (5), 40-APP (4), D/A (4), SC TO-I/A (4), APP NTC (3), APP ORDR (3), NT 10-K (2), SC 13G (2), 10-12G (1), 10-12G/A (1), 40-17G/A (1), D (1), DEFA14A (1), N-54A (1), N-6F (1), N-6F/A (1), SC 13D (1), SC 13D/A (1), SC TO-I (1), UPLOAD (1)

  • Latest filingsAnnual report (10-K) Apr 3, 2026
    Quarterly report (10-Q) Aug 12, 2026
    Proxy statement (DEF 14A) Jun 25, 2026
    Latest 8-K (8-K) Jul 22, 2026

Risk factors and legal proceedings

The risks TCW Direct Lending LLC names in Item 1A of its 10-K filed Apr 3, 2026: 4 risks under these headings, as written.14

  • RISKS RELATED TO OUR BUSINESS
  • RISKS RELATED TO OUR INVESTMENTS
  • RISKS RELATED TO UNITHOLDERS
  • GENERAL RISK FACTORS

Legal proceedings

We are not currently subject to any material legal proceedings, nor, to our knowledge, is any material legal proceeding threatened against us. 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. While the outcome of these legal proceedings cannot be predicted with certainty, we do not expect that these proceedings will have a material effect upon our financial condition or results of operations.

The opening of Item 3, Legal Proceedings.14

Sources

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    SEC EDGAROther events
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