Shortlist

AI Solution

Blueflame AI
Cardo AI
Atominvest Software 
Clearwater Analytics

ABF Manager

Saluda Grade
Brevet Capital
Northleaf Capital Partners
TPG

Best Market Innovation

Opstream by Star Mountain Capital
Goldman Sachs Alternatives
Nera Capital
Churchill CFO III

BSL CLO Manager

Investcorp Credit Management
Ares Management
Canyon Partners
CIFC Asset Management

Direct Lending Deal (large cap)

Clearlake Capital – Dun & Bradstreet
Ares Management – Catalent
Blackstone – Dropbox

Direct Lending Deal (small cap)

Deerpath Capital – Ampleo Intermediate
Ares Management – Bluejack Fire & Life Safety
AVANA-Oaktree Private Credit Partnership – Spark by Hilton

Evergreen Fund

Goldman Sachs Private Credit Corp. 
Magnetar Constellation Fund
Canyon Evergreen Private Credit Fund
StepStone Private Credit Income Fund

Fund Administrator – Overall

Aztec Group
Alter Domus
Suntera Fund Services
Ocorian

Fund Manager

GoldenTree Asset Management
Ares Management
Adams Street Partners
Blackstone

Fund (sub $1bn)

Ellington Credit Opportunities Fund
Vibrant Opportunity Fund
Balbec Commercial Mortgage Opportunities Fund I
StepStone Private Credit Income Fund

Interval Fund

CION Ares Diversified Credit Fund 
StepStone Private Credit Income Fund
Blue Owl Alternative Credit Fund
TCW Private Asset Income Fund

Law Firm – Fund Structuring

Dechert
Morgan Lewis
Ropes & Gray
Kirkland & Ellis

Loan Agency Services

GLAS
S&P Global Market Intelligence: WSO Loan Agency Services
Oxane Partners
Vistra

Market Commentator

Oaktree Capital Management
Ares Management
Churchill Asset Management
Pimco

Middle Market CLO Manager

Deerpath Capital
Avana Companies
Churchill Asset Management
Antares Capital

Performance (sub $1bn)

Ellington Mortgage Opportunities Fund
Kerberos Capital Fund III
Goldman Sachs Alternatives’ Union Bridge Partners
LCC Latam Consumer Credit Fund

Private Credit Secondaries Fund

Tikehau Private Debt Secondaries II
Star Mountain Lower Middle-Market Secondary Fund III
Coller Credit Opportunities II
Ares Credit Secondaries Fund

Senior Lender

Andalusian Credit Partners
Metropolitan Partners Group
Blackstone
Kayne Anderson Private Credit

SRT Investor

Newmarket Investment Management
Ares Management
Magnetar
EJF Capital

Wealth Market Proposition

Goldman Sachs Alternatives
Ares Wealth Management Solutions
Nuveen Churchill Direct Lending Corp.
StepStone Private Credit Income Fund

ABF Deal

Manulife | Comvest Credit Partners – Beyond Finance
Apollo Global Management – Concord
Goldman Sachs Asset Management – Senior Asset Backed Finance strategy
Newmarket Capital – Scaling4Impact 

BDC

Trinity Capital
Blackstone Secured Lending Fund
Nuveen Churchill Direct Lending Corp.
Kayne Anderson BDC

BSL CLO Deal

Canyon CLO 2025-1
Obra CLO 2
Arini US CLO II
RBC BlueBay CLO 5

Compliance Service

Vigilant Compliance
S&P Global Market Intelligence – WSO Compliance Insights
Petra Funds Group
Vistra

Direct Lending Deal (mid cap)

Ares Management – SESAC Music Group
SLR Credit Solutions – The Children’s Place
Churchill Asset Management – Penta Group

Distressed Debt Manager

GoldenTree Asset Management
Oaktree Capital Management
Ares Management
Canyon Partners

Fund Administration Software

S&P Global Market Intelligence – WSO Software
Allvue Systems
Gen II
Vantage by Waystone

Fund Administrator – Tech Innovation

Aztec Group
Allvue Systems
Citco
Petra Funds Group

Fund ($1bn+) 

Comvest Credit Partners VII
Brinley Private Debt Fund I
Balbec InSolve Global Credit Fund VI
Magnetar Constellation Fund 

Infrastructure Debt Manager

Brookfield
Ares Management
Blackstone
IFM Investors

Junior Lender

Churchill Asset Management
Ares Management
o15 Capital Partners
AEA Private Debt

Law Firm – Transactions

Dechert
Latham & Watkins
Paul, Weiss
Paul Hastings

Lower Mid-market Lender

Star Mountain Capital
Napier Park Global Capital
TPG Twin Brook
VSS Capital Partners

Middle Market CLO

Churchill MA CLO 2025-1
Brinley Private Debt CLO 2025-1
Monroe Capital MML CLO XVII
Willow Tree CLO II

Performance ($1bn +)

Ares Management Alternative Credit
Magnetar Constellation Fund
Manulife | Comvest Credit Partners
Adams Street Partners

Portfolio Management Solution

Oxane Partners
Cardo AI
Atominvest Software 
Clearwater Analytics

Real Estate Debt Manager

Madison Realty Capital
Ellington Management Group
Napier Park Global Capital
Balbec Capital

Special Situations Debt Manager

Arena Investors
Colbeck Capital Management
GoldenTree Asset Management
Oaktree Capital Management

Tech Provider

Oxane Partners
Allvue Systems
Eleven
Octus