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):

~~June 26~~July 24, 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, 37th 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 240.14a-12)
[ ]	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 3.02

Unregistered Sales of Equity Securities.

As of ~~June~~July 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 ~~June~~July 2624, 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.

Unit Class	Number of Units1	Total Consideration
Class I Units	-	$	-
Class M Units	16131,~~233~~244	$	24196,~~540~~013

Figures rounded to the nearest whole Unit

Item 8.01

Other Events.

Net Asset Value

The NAV per Unit as of ~~May~~June 3130, 2026, as ~~determined~~ determined in accordance with the valuation policies and procedures approved by the Fund’s board of directors, was as follows:

	NAV as of
Unit Class	~~May~~June 3130, 2026
Class I Units	$	1.~~5117~~4935
Class M Units	$	1.~~5117~~4935

As of ~~May~~June 3130, 2026, the Fund’s aggregate NAV was approximately $~~319~~315.46 million including approximately $~~209~~214.0 million of debt outstanding.

Distributions

On June 26, 2026, 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	$	0.0237
Class M Units	$	0.0237

The Distribution is payable to Fund unitholders of record as of the closing of business on June 25, 2026 and will be paid on or about July 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.

Portfolio and Business Commentary

Portfolio Statistics

As of ~~May~~June 3130, 2026, the Fund had investments in 6062 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 ~~May~~June 3130, 2026

Total Portfolio Size	$~~504~~520.06 million
Borrowers1	6062
Weighted Average Credit Spread2	5.2%
Median LTM EBITDA (at entry)3	$~~100~~101.37 million
Weighted Average First Lien Net Leverage Ratio (at entry)3	5.9x
Weighted Average Total Net Leverage Ratio (at entry)3	6.1x2x
Weighted Average loan to value ("LTV") (at entry) 3	3940.93%

Asset Allocations

As of ~~May~~June 3130, 2026, based on fair value, the Fund’s portfolio investments consisted of the following:

Portfolio Investments
First Lien / Unitranche Loans	93.35%
Opportunistic Credit	1.6%
CLO debt tranches	54.19%
Total	100.0%

As of ~~May~~June 3130, 2026, the ten largest industries in which the Fund was invested, represented as a percentage of fair value1, were as follows:

Industry
Software		2625.45%
Health Care Providers & Services		11.3%
Professional Services		11.1%
Professional Services		10.4%
Health Care Providers & Services		11.0%
IT Services		8.76%
Trading Companies & Distributors		76.09%
Diversified Consumer Services		5.74%
Capital Markets		4.98%
Commercial Services & Supplies		3.8%
Electrical Equipment		4.2%
Electrical Equipment		3.0%
Commercial Services & Supplies		3.7%
Machinery		2.98%

As of ~~May~~June 3130, 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
PT Intermediate Holdings III, LLC	21.0	3.54%
PMA Parent Holdings, LLC	20.7	3.5%
Dwyer Instruments, LLC	20.8	3.3%
Diligent Corporation	19.7	3.3%
PMA Parent Holdings, LLC	20.7	3.3%
DigiCert, Inc.	19.5	3.3%
Cobalt Service Partners, LLC	20.2	3.2%
Ascend Partner Services LLC	18.5	3.1%
Diligent Corporation	19.7	3.1%
Optimizely North America Inc.	18.2	3.1%
DigiCert, Inc.	19.5	3.1%
Ruby Buyer, LLC	15.9	2.7%
Ascend Partner Services LLC	18.5	3.0%
MRI Software LLC	15.0	2.5%
Optimizely North America Inc.	18.2	2.9%
CSafe Acquisition Company, Inc.	14.9	2.5%
Ruby Buyer, LLC	15.9	2.5%
XCL Education Holdings Pte Ltd	14.6	2.4%
MRI Software LLC	15.0	2.4%

As of ~~May~~June 3130, 2026, based on fair value, investments by vintage year were as follows1:

Investments Split by Year
2023		13.94%
2024		4240.17%
2025		3130.94%
2026		1215.14%

Calculation excludes CLO debt tranches

Calculation includes all instruments with floating rate spreads

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

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/ ~~Brian~~Robert ~~Igoe~~Collins
Dated:	July 230, 2026		~~Brian~~Robert ~~Igoe~~Collins ~~Chief~~President ~~Financial~~(Principal Executive Officer)

Filing Compare · Partners Group Lending Fund, LLC