The vehicle also reported a uniform net asset value of $23.65 across all three of its share classes as of April 30.

May 27, 2026

BlackRock Private Credit Fund delivered a trio of updates to investors this week, disclosing the issuance of nearly $9 million in newly sold shares to feeder vehicles, a modest increase in its monthly distribution, and a uniform net asset value across all of its share classes.

Nearly $9 Million in Private Placement Shares Issued

The non-traded business development company, which operates out of BlackRock’s 50 Hudson Yards offices in New York, reported that on May 1, 2026 it sold 376,795.093 Institutional Class shares of beneficial interest, with the final share count confirmed on May 20. The transaction generated total consideration of roughly $8.91 million.

The shares were issued to feeder vehicles created primarily to hold the fund’s Institutional Class stock, and the offering was conducted as a private placement exempt from federal registration requirements under Section 4(a)(2) of the Securities Act of 1933 and Regulation S. The fund also continues to issue shares to those feeder vehicles through its distribution reinvestment plan.

Monthly Distribution Ticks Higher

On May 21, the fund’s board declared a regular distribution of $0.1931 per share on a gross basis, applied uniformly to its Institutional, Class S, and Class D shares. The figure represents a modest step up from the $0.1921 per share gross distribution announced in late April.

The net amount delivered to shareholders varies by class due to differences in servicing and distribution fees:

• Institutional Shares: No servicing or distribution fee, with shareholders receiving the full $0.1931 per share.
• Class S Shares: A $0.0168 per-share fee leaves a net distribution of $0.1763 per share — the lowest of the three classes.
• Class D Shares: A smaller $0.0049 per-share fee yields a net distribution of $0.1882 per share.

The distribution is payable to shareholders of record at the close of business on May 28, 2026, with payment scheduled for June 26, 2026. Investors enrolled in the fund’s distribution reinvestment plan will receive additional fund shares rather than cash.

Net Asset Value Uniform Across Share Classes

Alongside the distribution news, the fund disclosed that its net asset value per share, calculated as of April 30, 2026 in accordance with the fund’s valuation policy, stood at $23.65 for each of the three share classes. The identical per-share NAV reflects the underlying mechanics of the fund’s multi-class structure, in which each class holds a pro rata claim on the same pool of investment assets.

Signatory and Corporate Status

The disclosure was signed on May 26, 2026 by Erik L. Cuellar, the fund’s Chief Financial Officer and Treasurer. BlackRock Private Credit Fund remains organized as an emerging growth company under federal securities rules and does not list any of its share classes on a public exchange.