AG Direct Lending Fund V, L.P.
Raised
$779M
Investors
285
Min Invest
$5,000,000
AltStreet Analysis
·Generated from EDGAR primary sources
AG Direct Lending Fund V, L.P. is a Delaware-domiciled private credit fund that has raised $779.0M from 285 investors under Rule 506(b) and Section 3(c) exemptions, with a $5.0M minimum investment. This amended filing discloses a substantial institutional vehicle managed through AG Direct Lending Fund V GP, LLC, with eight named executive officers including Adam Schwartz, Frank Stadelmaier, and Christopher Moore.
This private credit fund operates at the institutional tier with a $5.0M minimum investment, consistent with established direct lending platforms targeting qualified purchasers. The 506(b) exemption combined with 3(c) status is standard for institutional credit funds avoiding general solicitation, and the $779M raise across 285 investors reflects a diversified institutional and qualified purchaser base typical of upper-mid-market direct lending vehicles.
Data Flags
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
Capital Raise Timeline
6 Form D filings from May 18, 2022 to May 19, 2026, the latest a D/A.
In the Terminal
Filing events
9
latest May 19, 2026
Critical / warning
0 / 0
7 watch · 2 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
raising
Latest event Sold increase · May 19, 2026
SEC.govInvestor
- 9 filing events with values and deltas, latest 2026-05-19, and alerts on the next one
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
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Regulatory Activity
Filing events on this entity detected by AltStreet's EDGAR monitoring.
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Get the signal feedRelated Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Adam Schwartz
Executive Officer · New York, NY
Frank Stadelmaier
Executive Officer · New York, NY
Christopher Moore
Executive Officer · New York, NY
Brian Sigman
Executive Officer · New York, NY
Jean-Baptiste Garcia
Executive Officer · New York, NY
Martin Davidson
Executive Officer · Fort Worth, TX
Joann Harris
Executive Officer · Fort Worth, TX
Steven Willmann
Executive Officer · Fort Worth, TX
N/A AG Direct Lending Fund V GP, LLC
Executive Officer, Director, Promoter · New York, NY
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
Piper Sandler & Co.CRD 665 on BrokerCheck
Associated broker-dealer: None · New York, NY · Soliciting in all states
BFinance US LTD.CRD 159903 on BrokerCheck
Associated broker-dealer: None · London, X0 · Soliciting in IL, NY
BNK Securities Co., Ltd
Associated broker-dealer: None · Seoul, M5 and outside the United States
Questions About AG Direct Lending Fund V, L.P.
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is AG Direct Lending Fund V, L.P.?
AG Direct Lending Fund V, L.P. is a Delaware limited partnership that filed a Form D with the SEC on May 19, 2026 as a private equity fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of pooled investment fund interests. AltStreet links the issuer to AG Direct Lending Fund V, L.P..
Is AG Direct Lending Fund V, L.P. legit?
AltStreet does not rate legitimacy; it reports the public record. AG Direct Lending Fund V, L.P. filed a Form D with the SEC on May 19, 2026 claiming Rule 506(b), Section 3(c), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $779,024,348 sold to 285 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to AG Direct Lending Fund V, L.P., which AltStreet has reviewed. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is AG Direct Lending Fund V, L.P. registered with or approved by the SEC?
No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that AG Direct Lending Fund V, L.P. claimed Rule 506(b), Section 3(c), Section 3(c)(7) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has AG Direct Lending Fund V, L.P. raised?
AG Direct Lending Fund V, L.P. reported $779,024,348 sold from 285 investors in an offering of indefinite size as of the Form D filed May 19, 2026.
Who can invest in AG Direct Lending Fund V, L.P.?
The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $5,000,000.
What is the minimum investment in AG Direct Lending Fund V, L.P.?
The Form D lists $5,000,000 as the minimum investment accepted from any outside investor as of May 19, 2026. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling AG Direct Lending Fund V, L.P. and how are they paid?
The Form D names Piper Sandler & Co. (CRD 665), associated with None; BFinance US LTD. (CRD 159903), associated with None; BNK Securities Co., Ltd, associated with None as recipients of sales compensation soliciting in all states. Sales commissions are reported as $487,750 and finders' fees as $0. Form D allows these to be estimates.
Who is behind AG Direct Lending Fund V, L.P.?
The Form D lists 9 related persons: Adam Schwartz, executive officer (Officer of the Issuer's General Partner); Frank Stadelmaier, executive officer (Officer of the Issuer's General Partner); Christopher Moore, executive officer (Officer of the Issuer's General Partner); Brian Sigman, executive officer (Officer of the Issuer's General Partner); Jean-Baptiste Garcia, executive officer (Officer of the Issuer's General Partner); Martin Davidson, executive officer (Officer of the Issuer's General Partner); Joann Harris, executive officer (Officer of the Issuer's General Partner); Steven Willmann, executive officer (Officer of the Issuer's General Partner), and 1 more. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is AG Direct Lending Fund V, L.P. located?
The issuer's address on its SEC filings is C/O Angelo, Gordon & Co., L.P., 245 Park Avenue, 26th Floor, New York, NY 10167. Its phone number of record is 2126922000. It is organized under the laws of Delaware.
How long is the AG Direct Lending Fund V, L.P. offering open?
The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 5 amendments are on record for this CIK.
How large is AG Direct Lending Fund V, L.P.?
The issuer declined to disclose its revenue range on the Form D, which the form permits.
Is this your offering?
Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.
Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.