Headquartered in New York, NY, Fortress Private Lending Fund (“FPLF” or “the company”) was formed in January 2024 as a Delaware statutory trust and elected BDC status in August 2025.
FPLF is a non-traded perpetual-life, non-diversified, closed-end managed business development company (“BDC”) operating under the Investment Company Act of 1940 and has elected to be treated as a regulated investment company (RIC) for tax purposes. The company intends to commence a share repurchase program, offering up to 5% of its shares outstanding in each quarter.
FPLF is externally managed by FPLF Management LLC (“Adviser”), an indirect subsidiary of Fortress Investment Group LLC (“Fortress”), a global alternative asset manager with $54 billion in assets under management (AUM) across 10 investing platforms, working out of 13 global offices. The company’s AUM includes a wide range of investments including corporate ($20 billion), asset-backed finance ($13…
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