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Muzinich Direct Lending Adviser, LLC
Filed as MUZINICH DIRECT LENDING ADVISER, LLC
Muzinich Direct Lending Adviser, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2023, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated June 17, 2026.
Quick answers
From the filingHow is Muzinich Direct Lending Adviser, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Muzinich Direct Lending Adviser, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.
Where is Muzinich Direct Lending Adviser, LLC located?
Muzinich Direct Lending Adviser, LLC's principal office is in New York, NY, according to its Form ADV.
Is Muzinich Direct Lending Adviser, LLC registered with the SEC or a state?
Muzinich Direct Lending Adviser, LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 327891.
How much does Muzinich Direct Lending Adviser, LLC manage?
Muzinich Direct Lending Adviser, LLC reports $98,041,168 in regulatory assets under management in its Form ADV filing dated June 17, 2026 (100% discretionary).
How have Muzinich Direct Lending Adviser, LLC's assets and staff changed since 2023?
In the Form ADV data for Muzinich Direct Lending Adviser, LLC: Regulatory assets under management: $1,000 in the October 2024 data and $98,041,168 in the October 2026 data, up 9804017%. Total employees: 24 in October 2023 and 48 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Muzinich Direct Lending Adviser, LLC serve?
By number of clients on Form ADV Item 5.D: business development companies (1).
Does Muzinich Direct Lending Adviser, 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/327891
What changed in Muzinich Direct Lending Adviser, LLC's recent Form ADV filings?
In the July 2026 filing data: Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Regulatory assets under management
Item 5.F$98,041,168 as of October 2026, filing dated June 17, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for investment companies (and business development companies)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2023 (3 years)
- Employees
- Total: 48. Performing investment advisory functions: 26.
- Wrap fee program participation
- No.
- States registered or notice-filed
- Not reported.
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $98,041,168 | 48 | June 17, 2026 |
| October 2025 | $101,081,739 | 47 | May 12, 2025 |
| October 2024 | $1,000 | 41 | June 5, 2024 |
| October 2023 | Not reported | 24 | September 19, 2023 |
Regulatory assets under management: $1,000 in the October 2024 data and $98,041,168 in the October 2026 data, up 9804017%.
Total employees: 24 in October 2023 and 48 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- July 2026
- Updated its list of owners and control persons (Schedule A).
- April 2026
- Employees performing advisory functions went from 27 to 26.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Muzinich Direct Lending Adviser, LLC (CRD 327891): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/muzinich-direct-lending-adviser-llc-new-york-ny-327891