# Audax Private Debt

> Audax Private Debt is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 4, 2026.

- CRD: 159458
- Filed as: AUDAX PRIVATE DEBT
- Legal name: Audax Management Company (NY), LLC
- Also doing business as: AUDAX DIRECT LENDING SOLUTIONS, AUDAX EVERGREEN, AUDAX GROUP, AUDAX MEZZANINE
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: August 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159458
- AdvisorCensus page: https://advisorcensus.com/firm/audax-private-debt-new-york-ny-159458

## Quick answers

**How is Audax Private Debt compensated?**
On its Form ADV (Item 5.E, October 2026), Audax Private Debt reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Audax Private Debt located?**
Audax Private Debt's principal office is in New York, NY, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Audax Private Debt registered with the SEC or a state?**
Audax Private Debt is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 159458.

**How much does Audax Private Debt manage?**
Audax Private Debt reports $25,694,791,227 in regulatory assets under management in its Form ADV filing dated August 4, 2026 (98% discretionary).

**How have Audax Private Debt's assets and staff changed since 2021?**
In the Form ADV data for Audax Private Debt: Regulatory assets under management: $12,666,093,671 in the October 2021 data and $25,694,791,227 in the October 2026 data, up 103%. Total employees: 39 in October 2021 and 238 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Audax Private Debt serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (72); business development companies (1); pension and profit sharing plans (but not the plan participants or government pension plans) (1).

**Does Audax Private Debt report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/159458

**What changed in Audax Private Debt's recent Form ADV filings?**
In the September 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $25,694,791,227
- Discretionary: $25,113,171,169
- Non-discretionary: $581,620,058

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Business development companies | 1 | $422,871,621 |
| Pooled investment vehicles (other than investment companies and business development companies) | 72 | $25,104,774,050 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $167,145,556 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2012 (14 years)
- Employees: 238 total, 80 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, MA, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- audaxcreditbdc.com
- audaxprivatedebt.com
- LinkedIn @audax-private-debt
- X @AUDAXPD

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $12,666,093,671 | 39 | March 31, 2021 |
| October 2022 | $15,572,967,273 | 83 | May 5, 2022 |
| October 2023 | $19,499,766,298 | 107 | July 14, 2023 |
| October 2024 | $19,895,221,000 | 114 | June 4, 2024 |
| October 2025 | $22,593,161,361 | 206 | June 26, 2025 |
| October 2026 | $25,694,791,227 | 238 | August 4, 2026 |

Regulatory assets under management: $12,666,093,671 in the October 2021 data and $25,694,791,227 in the October 2026 data, up 103%.
Total employees: 39 in October 2021 and 238 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- No longer lists the business name Audax Senior Debt.
- Added the business name Audax Evergreen.
- Employees performing advisory functions went from 71 to 80.
- Regulatory assets under management went from $22,593,161,361 to $26,199,390,489 (+16%).
- Updated its list of owners and control persons (Schedule A).

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Audax Private Debt (CRD 159458): Form ADV filing data as of October 2026.