# Vista Credit BDC Management, L.P.

> Vista Credit BDC Management, L.P. is an SEC-registered investment advisory firm in New York, NY, registered since 2023, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 4, 2026.

- CRD: 326611
- Filed as: VISTA CREDIT BDC MANAGEMENT, L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: June 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/326611
- AdvisorCensus page: https://advisorcensus.com/firm/vista-credit-bdc-management-l-p-new-york-ny-326611

## Quick answers

**How is Vista Credit BDC Management, L.P. compensated?**
On its Form ADV (Item 5.E, October 2026), Vista Credit BDC Management, L.P. 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 Vista Credit BDC Management, L.P. located?**
Vista Credit BDC Management, L.P.'s principal office is in New York, NY, according to its Form ADV; the July 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Vista Credit BDC Management, L.P. registered with the SEC or a state?**
Vista Credit BDC Management, L.P. is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 326611.

**How much does Vista Credit BDC Management, L.P. manage?**
Vista Credit BDC Management, L.P. reports $1,773,966,992 in regulatory assets under management in its Form ADV filing dated June 4, 2026 (100% discretionary).

**How have Vista Credit BDC Management, L.P.'s assets and staff changed since 2023?**
In the Form ADV data for Vista Credit BDC Management, L.P.: Regulatory assets under management: $575,141,067 in the October 2024 data and $1,773,966,992 in the October 2026 data, up 208%. Total employees: 0 in October 2023 and 0 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Vista Credit BDC Management, L.P. serve?**
By number of clients on Form ADV Item 5.D: business development companies (1).

**Does Vista Credit BDC Management, L.P. 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/326611

**What changed in Vista Credit BDC Management, L.P.'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

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

### Regulatory assets under management (Item 5.F)
- Total: $1,773,966,992
- Discretionary: $1,773,966,992
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Business development companies | 1 | $1,773,966,992 |

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

### Firm details
- Registered since: 2023 (3 years)
- Employees: 0 total, 0 performing advisory functions
- Wrap fee program participation: No
- 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
- Chicago, IL
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- [vistaequitypartners.com](https://vistaequitypartners.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | Not reported | 0 | June 21, 2023 |
| October 2024 | $575,141,067 | 0 | March 27, 2024 |
| October 2025 | $1,150,148,869 | 0 | July 3, 2025 |
| October 2026 | $1,773,966,992 | 0 | June 4, 2026 |

Regulatory assets under management: $575,141,067 in the October 2024 data and $1,773,966,992 in the October 2026 data, up 208%.
Total employees: 0 in October 2023 and 0 in October 2026.

## Changes in the filing (last 12 months)

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

### April 2026
- Regulatory assets under management went from $1,150,148,869 to $1,773,966,992 (+54%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Vista Credit BDC Management, L.P. (CRD 326611): Form ADV filing data as of October 2026.