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    New Vertical Practice

    Compliance for Private Credit Managers

    Fractional CCO, Form PF, valuation oversight, AML independent testing, LP reporting, and covenant monitoring for direct lenders, BDCs, rated-note feeders, and specialty finance platforms — from emerging managers to institutional platforms.

    Built for the full private credit stack

    Direct Lending Funds

    Middle-market, unitranche, and specialty finance

    BDCs

    Public non-listed, private, and interval BDCs

    Rated-Note Feeders / ICDFs

    Insurance dedicated funds and rated feeder structures

    Credit Opportunities & CLOs

    Opportunistic credit, distressed, CLO equity

    Consulting Tiers

    Monthly consulting scaled to AUM and fund complexity. All tiers include RegReview.io – Private Credit seats. Annual prepay saves 2 months.

    Bronze

    $1,500 / mo

    Emerging credit managers ($0–$50M AUM)

    • Quarterly compliance touchpoint
    • ADV & Form D annual filings
    • Investor disclosure & subscription doc review
    • RegReview.io – Private Credit (3 seats)
    • Ad-hoc regulatory Q&A
    Contact Us

    Silver

    $3,500 / mo

    Growing credit funds ($50M–$250M AUM)

    • Monthly compliance officer support
    • Annual 206(4)-7 review & mock exam
    • Covenant compliance monitoring templates
    • Portfolio company diligence workflows
    • RegReview.io – Private Credit (5 seats)
    • InvestPrep Credit Pro (2 seats)
    Contact Us

    Gold

    $6,500 / mo

    Established credit platforms ($250M–$1B AUM)

    • Dedicated fractional CCO (named on record)
    • Form PF (Section 3/4) preparation & filing
    • Annual AML program & independent testing coordination
    • Valuation policy & ASC 820 workpaper support
    • LP reporting & side-letter compliance
    • RegReview.io – Private Credit (10 seats)
    • InvestPrep Credit Pro (5 seats)
    Contact Us

    Platinum

    Custom

    Institutional platforms ($1B+ AUM, multi-strategy)

    • Multi-fund CCO with named backups
    • Full Form PF (all applicable sections)
    • Volcker & bank-affiliate coordination (if applicable)
    • Rated-note feeder & insurance dedicated fund support
    • SEC exam response & remediation
    • Bespoke RegReview + InvestPrep deployment
    • Board & IC materials review
    Contact Us

    FAQ

    Do you support BDCs and rated-note feeder structures?

    Yes. Gold and Platinum tiers cover BDC compliance program requirements (1940 Act §55–65) and rated-note feeder documentation, including insurance company dedicated fund (ICDF) structures.

    How do you handle valuation compliance?

    We coordinate with your valuation agent to maintain ASC 820 workpapers, Rule 2a-5 board oversight (if applicable), and quarterly valuation committee minutes—stored in RegReview Books & Records for audit and exam readiness.

    Do you file Form PF?

    Yes. Gold tier includes Form PF Section 3 (large private fund advisers) and Section 4 (large credit fund advisers) preparation and filing on the required cadence.

    Can you help with LP reporting & side letters?

    Yes. We maintain your side-letter matrix, MFN elections, and quarterly LP report compliance—flagging conflicts between side letters, LPA, and PPM.

    What about direct lending & warehouse facility oversight?

    Platinum includes covenant monitoring templates, warehouse facility compliance calendars, and reporting for CLO/warehouse trustees.

    Scope your private credit compliance program

    Book a scoping call — we'll benchmark your current state against tier deliverables and recommend a fit.