{"url_path":"/sec/cik-0001938649/8-k/2026-07-02/item-8-01","section_key":"item-8-01","section_title":"Item 8.01 ****Other Events.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-02","source_url":"https://www.sec.gov/Archives/edgar/data/1938649/0001398344-26-011631-index.html","accession_number":"0001398344-26-011631","cik":"0001938649","ticker":null,"issuer_name":"Partners Group Lending Fund, LLC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1938649/0001398344-26-011631-index.html","primary_entity_key":"0001938649","primary_entity_name":"Partners Group Lending Fund, LLC"},"word_count":569,"has_tables":true,"body_markdown":"**Item 8.01****Other Events.**\n\n** **\n\n**Net Asset Value **\n\n \n\nThe NAV per Unit as of May 31, 2026, as determined\nin accordance with the valuation policies and procedures approved by the Fund’s board of directors, was as follows: \n\n \n\n \n \n**NAV as of**\n\n**Unit Class**\n \n**May 31, 2026**\n\nClass I Units\n \n$\n1.5117\n\nClass M Units\n \n$\n1.5117\n\n \n\nAs of May 31, 2026, the Fund’s aggregate\nNAV was approximately $319.4 million including approximately $209.0 million of debt outstanding.\n\n \n\n****\n\n*Distributions*\n\n****\n\n \n\nOn June 26, 2026, the Fund announced a distribution\non its common units (the “Distribution”) in the amount per Unit set forth below:\n\n \n\n**Unit Class**\n \n**Per Unit Distribution**\n\nClass I Units\n \n$\n0.0237\n\nClass M Units\n \n$\n0.0237\n\n \n\nThe Distribution is payable to Fund unitholders of record as of the closing\nof 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\nunits of the Fund for unitholders participating in the Fund’s distribution reinvestment plan.\n\n \n\n**Portfolio and Business Commentary**\n\n** **\n\n****\n\n*Portfolio Statistics*\n\n* *\n\nAs\nof May 31, 2026, the Fund had investments in 60 portfolio companies1. The geographic allocations of the Fund’s\nportfolio companies, represented as a percentage of fair value, were as follows: 97% in North America, 0% in Europe, and 3% in Asia\nand Rest of World1.\n\n \n\n*Portfolio Summary as of May 31, 2026*\n\nTotal Portfolio Size\n$504.0 million\n\nBorrowers1\n60\n\nWeighted Average Credit Spread2\n5.2%\n\nMedian LTM EBITDA (at entry)3\n$100.3 million\n\nWeighted Average First Lien Net Leverage Ratio (at entry)3\n5.9x\n\nWeighted Average Total Net Leverage Ratio (at entry)3\n6.1x\n\nWeighted Average loan to value (\"LTV\") (at entry) 3\n39.9%\n\n* *\n\n* *\n\n \n\n \n\n**\n\n*Asset Allocations*\n\n* *\n\nAs of May 31, 2026, based on fair value, the Fund’s\nportfolio investments consisted of the following:\n\n \n\n**Portfolio Investments**\n \n\nFirst Lien / Unitranche Loans\n93.3%\n\nOpportunistic Credit\n1.6%\n\nCLO debt tranches\n5.1%\n\nTotal\n100.0%\n\n \n\nAs\nof May 31, 2026, the ten largest industries in which the Fund was invested, represented as a percentage of fair value1,\nwere as follows:\n\n \n\n**Industry**\n \n\nSoftware\n26.4%\n\nHealth Care Providers & Services\n11.3%\n\nProfessional Services\n10.4%\n\nIT Services\n8.7%\n\nTrading Companies & Distributors\n7.0%\n\nDiversified Consumer Services\n5.7%\n\nCapital Markets\n4.9%\n\nCommercial Services & Supplies\n3.8%\n\nElectrical Equipment\n3.0%\n\nMachinery\n2.9%\n\n \n\nAs of May 31, 2026, the ten largest portfolio company investments\nin which the Fund was committed, based on par value or, in the case of equity investments, cost, were as follows:\n\n \n\n**Issuer**\n \n Par or Cost ($ in millions)\n % of Total\n\nPT Intermediate Holdings III, LLC\n \n21.0\n3.5%\n\nPMA Parent Holdings, LLC\n \n20.7\n3.5%\n\nDiligent Corporation\n \n19.7\n3.3%\n\nDigiCert, Inc.\n \n19.5\n3.3%\n\nAscend Partner Services LLC\n \n18.5\n3.1%\n\nOptimizely North America Inc.\n \n18.2\n3.1%\n\nRuby Buyer, LLC\n \n15.9\n2.7%\n\nMRI Software LLC\n \n15.0\n2.5%\n\nCSafe Acquisition Company, Inc.\n \n14.9\n2.5%\n\nXCL Education Holdings Pte Ltd\n \n14.6\n2.4%\n\n \n\nAs of May 31, 2026, based on fair value, investments by vintage\nyear were as follows1:\n\n \n\n**Investments Split by Year**\n \n\n2023\n13.9%\n\n2024\n42.1%\n\n2025\n31.9%\n\n2026\n12.1%\n\n \n\n \n\n1Calculation excludes CLO debt tranches\n\n2Calculation includes all instruments with floating rate spreads\n\n3Calculation excludes CLO debt tranches, opportunistic credit,\nand recurring revenue loans\n\n \n\n \n\n \n\n**SIGNATURES**\n\n \n\nPursuant to the requirements of the Securities Exchange\nAct of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.\n\n \n\n \n\n \n \n**Partners Group Lending Fund, LLC**\n \n\n \n \n \n \n \n\n \n \nBy:\n/s/ Brian Igoe\n \n\nDated:\nJuly 2, 2026\n \n\nBrian Igoe\n\nChief Financial Officer"}