UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

_______________________________________________

FORM 8-K

______________________________________________

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

March 327, 2026

_______________________________________________

Partners Group Lending Fund, LLC
(Exact name of registrant as specified in its charter)

_______________________________________________

Delaware

000-56792

88-3153051

(State or other jurisdiction of

incorporation or organization)

(Commission
file number)

(I.R.S. Employer

Identification No.)

1114 Avenue of the Americas, 37^th Floor, New York, NY		10036
(Address of principal executive officers)		(Zip Code)

(877) 748-7209
Registrant’s telephone number, including area code

Not Applicable

(Former name or former address, if changed since last report)

________________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR ~~230~~240.~~425~~14a-12)

[ ] ~~Soliciting~~Pre-commencement ~~material~~communications pursuant to Rule ~~14a~~14d-122(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.~~14a~~13e-124(c))

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

(17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

(17 CFR 240.13e-4(c))

Securities Registered pursuant to section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
N/A	N/A	N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

[X]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

Item 53.02 ~~Departure~~Unregistered ofSales ~~Directors or Certain Officers; Election~~ of ~~Directors;~~Unregistered ~~Appointment of Certain Officers; Compensatory Arrangements of Certain Officers~~Securities.

~~Appointment~~As of ~~New~~March ~~Director~~1, 2026, Partners Group Lending Fund, LLC (the “Fund”) sold its Class M and Class I units (the “Units”) as listed in the table below. The number of Units to be issued was finalized on March 27, 2026. The offer and sale of the Units was made pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), Regulation D promulgated thereunder and other available exemptions from the registration requirements of the Securities Act to investors who are “accredited investors” within the meaning of Regulation D under the Securities Act.

On March 3, 2026, Ruth E. Goodstein was appointed to serve as an independent member of the board of directors (the “Board”) of Partners Group Lending Fund, LLC (the “Fund”). Ms. Goodstein will join the audit committee and nominating committee of the Board.

Unit Class	Number of Units¹	Total Consideration
Class I Units	326,371	$	500,000
Class M Units	62,507	$	95,760

~~Ms.~~Item ~~Goodstein is the founding partner of Lower Loop Partners, LLC, a consulting firm launched in 2025~~8.01 ~~She~~Other ~~currently serves as an Independent Director of VistaOne and CVC-PEF~~Events. Previously, Ms. Goodstein served as Chief Operating Officer of Macquarie Asset Management Wealth Solutions between 2022 and 2025. Ms. Goodstein joined Macquarie Asset Management as part of Macquarie’s 2022 acquisition of Central Park Group, where she was Chief Operating Officer for over 15 years. Ms. Goodstein has more than 25 years of experience in the financial services industry. Prior to joining Central Park Group in 2006, Ms. Goodstein served as Chief Operating Officer of Robeco-Sage Capital, an institutional hedge fund-of-funds firm. Before that, she was a Senior Vice President in the UBS Financial Services Alternative Investment Group, where she was responsible for overseeing product development, product management, and marketing. Prior to this, Ms. Goodstein held legal and compliance roles at J.P. Morgan Investment Management, Bankers Trust Company and Oppenheimer & Co. Ms. Goodstein graduated from Cornell University and earned her juris doctor degree from Brooklyn Law School. Ms. Goodstein has served on NASD District 10 and has been a speaker at industry conferences.

AsNet anAsset independent member of the Board, Ms. Goodstein will be entitled to compensation in accordance with our director compensation programs described in Item 6 of our Registration Statement on Form 10 filed with the SEC on December 19, 2025.Value

~~There~~The ~~are~~NAV noper ~~arrangements~~Unit oras ~~understandings~~of ~~between~~February ~~Ms.~~28, ~~Goodstein~~2026, ~~and any other person pursuant to which she was selected~~ as ~~directors.~~determined in ~~There~~accordance ~~are~~with ~~no transactions involving any of~~ the ~~individuals~~valuation ~~listed~~policies ~~above that~~and ~~would~~procedures beapproved ~~required~~by tothe beFund’s ~~reported~~board ~~under Item~~of ~~404(a)~~directors, ~~of Regulation S-K of~~was ~~the Securities~~as ~~Act.~~follows:

SIGNATURES

	NAV as of
Unit Class	February 28, 2026
Class I Units	$	1.5320
Class M Units	$	1.5320

~~Pursuant~~As ~~to the requirements~~ of ~~the~~February ~~Securities~~28, ~~Exchange Act of 1934~~2026, the ~~registrant~~Fund’s ~~has~~aggregate NAV ~~duly~~was ~~caused~~approximately ~~this~~$278.4 ~~report~~million toincluding beapproximately ~~signed~~$236.0 onmillion ~~its~~of ~~behalf by~~debt ~~the undersigned hereunto duly authorized~~outstanding.

		Partners Group Lending Fund, LLC
		By:	/s/ Brian Igoe
Dated:	March 9, 2026		Brian Igoe
			Chief Financial Officer

Distributions

On March 27, 2026, Partners Group Lending Fund, LLC (the “Fund”) announced a distribution on its common units (the “Distribution”) in the amount per Unit set forth below:

Unit Class		Per Unit Distribution
Class I Units	$	0.0364
Class M Units	$	0.0364

The Distribution is payable to Company unitholders of record as of the closing of business on March 26, 2026 and will be paid on or about April 30, 2026. The Distribution will be paid in cash or reinvested in additional units of the Fund for unitholders participating in the Fund’s distribution reinvestment plan.

Figures rounded to the nearest whole Unit

Portfolio and Business Commentary

Portfolio Statistics

As of February 28, 2026, the Fund had investments in 55 portfolio companies¹. The geographic allocations of the Fund’s portfolio companies, represented as a percentage of fair value, were as follows: 97% in North America, 0% in Europe, and 3% in Asia and Rest of World¹.

Portfolio Summary as of February 28, 2026

Total Portfolio Size	$479.9 million
Borrowers¹	55
Weighted Average Credit Spread²	5.1%
Median LTM EBITDA (at entry)³	$92.4 million
Weighted Average First Lien Net Leverage Ratio (at entry)³	5.8x
Weighted Average Total Net Leverage Ratio (at entry)³	6.0x
Weighted Average loan to value ("LTV") (at entry) ³	40.0%

Asset Allocations

As of February 28, 2026, based on fair value, the Fund’s portfolio investments consisted of the following:

Portfolio Investments
First lien / Unitranche Loans	92.5%
Opportunistic Credit	1.5%
Broadly Syndicated Loans	0.0%
CLO tranches	6.0%
Total	100.0%

As of February 28, 2026, the ten largest industries in which the Fund was invested, represented as a percentage of fair value¹, were as follows:

Industry⁴
Software	26.5%
Health Care Providers & Services	11.5%
Professional Services	10.5%
IT Services	9.2%
Capital Markets	6.6%
Trading Companies & Distributors	5.8%
Diversified Consumer Services	5.3%
Financial Services	4.3%
Commercial Services & Supplies	3.6%
Electrical Equipment	3.2%

Calculation excludes CLO tranches

Calculation includes all instruments with floating rate spreads

Calculation excludes CLO tranches, opportunistic credit, and recurring revenue loans

⁴

Reflects minor adjustments to the categorization of certain investments between industries

As of February 28, 2026, the ten largest portfolio company investments in which the Fund was committed, based on par value or, in the case of equity investments, cost, were as follows:

Issuer	Par or Cost ($ in millions)	% of Total
Diligent Corporation	22.3	3.9%
PT Intermediate Holdings III, LLC	22.1	3.8%
PMA Parent Holdings, LLC	20.7	3.6%
DigiCert, Inc.	19.6	3.4%
Ascend Partner Services LLC	18.5	3.2%
Optimizely North America Inc.	18.2	3.2%
Ruby Buyer, LLC	16.0	2.8%
MRI Software LLC	15.1	2.6%
CSAFE Acquisition Company, Inc.	14.9	2.6%
GovCIO Buyer Company	14.5	2.5%

As of February 28, 2026, based on fair value, investments by vintage year were as follows¹:

Investments Split by Year
2023		14.8%
2024		44.2%
2025		38.0%
2026		3.0%

Calculation excludes CLO tranches

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		Partners Group Lending Fund, LLC

		By:	/s/ Robert Collins
Dated:	March 31, 2026		Robert Collins
			President (Principal Executive Officer)

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