North Haven Private Income Fund LLC 8-K

What Happened

• North Haven Private Income Fund LLC filed an 8‑K on February 26, 2026. The Fund sold approximately 489,573 Class S units for an aggregate price of about $9.06 million (purchase price $18.51/unit; final unit count determined Feb 23, 2026) in a Regulation D/Section 4(a)(2) exempt offering to accredited investors.
• The Fund declared a cash distribution of $0.1250 per unit on February 23, 2026, payable on or about March 4, 2026 to unitholders of record as of February 28, 2026.
• Dylan Cutinha notified the Board of his resignation as Principal Accounting Officer, effective March 9, 2026 (or earlier as determined by the Board); the filing states the resignation is not due to any disagreement with the Company.
• The filing also provided Regulation FD portfolio disclosures as of January 31, 2026: investments in 312 portfolio companies across 44 industries with aggregate par/cost of $7,556.8 million; estimated aggregate net asset value of ~$3,403.1 million; approximately 97.1% first‑lien debt and ~99.9% of debt investments at floating rates.

Key Details

• Units sold: ~489,573 Class S units for ~$9.06 million (purchase price $18.51 per unit).
• Distribution: $0.1250 per unit declared Feb 23, 2026; record date Feb 28, 2026; payable ~Mar 4, 2026.
• Officer change: Principal Accounting Officer Dylan Cutinha to resign effective Mar 9, 2026; no disagreement reported.
• Portfolio snapshot (as of Jan 31, 2026): $7,556.8M par/cost across 312 companies; NAV estimate ~$3,403.1M; $3,339.2M debt outstanding; ~99.9% of debt investments are floating‑rate.

Why It Matters

• The unit sale raises modest capital ($9.06M) and was made via an accredited‑investor exemption; relative to the Fund’s estimated NAV ($3.40B) this issuance is small.
• The declared $0.125/unit distribution is cash returned to investors and is relevant for income‑oriented unitholders.
• The portfolio disclosure highlights the Fund’s scale, concentration (largest industry: Software at $1,679.8M, 22.2% of assets), and that nearly all debt investments are floating‑rate—information that affects interest income sensitivity to market rates.
• The Principal Accounting Officer’s resignation is noted as non‑disagreeable; investors should watch for any interim appointment or impact on financial reporting cadence.