# Idirect Private Credit Advisors LLC

> Idirect Private Credit Advisors LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 30, 2026.

- CRD: 333824
- Filed as: IDIRECT PRIVATE CREDIT ADVISORS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: June 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/333824
- AdvisorCensus page: https://advisorcensus.com/firm/idirect-private-credit-advisors-llc-new-york-ny-333824

## Quick answers

**How is Idirect Private Credit Advisors LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Idirect Private Credit Advisors LLC reports these compensation arrangements: a percentage of assets under its management.

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

**Is Idirect Private Credit Advisors LLC registered with the SEC or a state?**
Idirect Private Credit Advisors LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 333824.

**How much does Idirect Private Credit Advisors LLC manage?**
Idirect Private Credit Advisors LLC reports $290,944,474 in regulatory assets under management in its Form ADV filing dated June 30, 2026 (100% discretionary).

**How have Idirect Private Credit Advisors LLC's assets and staff changed since 2025?**
In the Form ADV data for Idirect Private Credit Advisors LLC: Regulatory assets under management: $12,948,705 in the October 2025 data and $290,944,474 in the October 2026 data, up 2147%. Total employees: 113 in October 2025 and 158 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Idirect Private Credit Advisors LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (1).

**Does Idirect Private Credit Advisors LLC 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/333824

**What changed in Idirect Private Credit Advisors LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $12,948,705 to $290,944,474 (+2147%). Employees performing advisory functions went from 10 to 21. 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

### Regulatory assets under management (Item 5.F)
- Total: $290,944,474
- Discretionary: $290,944,474
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 1 | $290,944,474 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2024 (1 year)
- Employees: 158 total, 21 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Greenwich, CT

### Websites listed on Form ADV (Item 1.I)
- icapitalnetwork.com
- idirectinvestments.com
- LinkedIn @icapital-network-inc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $12,948,705 | 113 | July 16, 2025 |
| October 2026 | $290,944,474 | 158 | June 30, 2026 |

Regulatory assets under management: $12,948,705 in the October 2025 data and $290,944,474 in the October 2026 data, up 2147%.
Total employees: 113 in October 2025 and 158 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $12,948,705 to $290,944,474 (+2147%).
- Employees performing advisory functions went from 10 to 21.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Idirect Private Credit Advisors LLC (CRD 333824): Form ADV filing data as of October 2026.