Welcome to our dedicated page for MORGAN STANLEY DIRECT LENDING SEC filings (Ticker: MSDL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Morgan Stanley Direct Lending Fund (NYSE: MSDL) SEC filings page provides direct access to the company’s regulatory disclosures as a publicly traded, externally managed Business Development Company. MSDL files annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, along with registration statements and exhibits related to its financing activities.
In its 10-K and 10-Q filings, MSDL details its investment portfolio of senior secured and second lien loans, other debt investments and equity positions in U.S. middle-market companies. These reports include information on investments at fair value, net assets, net asset value per share, leverage, non-accrual investments and the composition of the portfolio by asset type and industry, as well as disclosures on management and incentive fees paid to its external adviser, MS Capital Partners Adviser Inc.
Form 8-K filings highlight material events such as quarterly and annual financial results, regular dividend declarations, amendments to the BNP funding facility and other credit arrangements, the pricing and issuance of senior unsecured notes, and the completion or pricing of term debt securitizations (collateralized loan obligations) through subsidiaries like North Haven Private Credit CLO 1 LLC. 8-Ks also report changes in key officers, including the Chief Executive Officer, Chief Investment Officer, Co-Presidents and Chief Compliance Officer.
MSDL’s filings further describe its status as a non-diversified, closed-end investment management company regulated as a BDC and its election to be treated as a Regulated Investment Company for tax purposes. They explain that MSDL is not a subsidiary of Morgan Stanley, is not consolidated with Morgan Stanley and that Morgan Stanley has no obligation to provide financial support to the fund.
On Stock Titan, investors can review these filings alongside AI-powered summaries that help explain complex sections, highlight key metrics and track developments in MSDL’s leverage, portfolio quality, financing structures and governance over time.
Morgan Stanley Direct Lending Fund (MSDL) Form 4 shows that Kevin Shannon, a director, purchased 5,000 shares of the issuer's common stock on 08/14/2025 at $17.70 per share. After the reported purchase, Mr. Shannon directly beneficially owns 29,079 shares. The filing also discloses indirect holdings: 5,846.8891 shares held by the Kevin F Shannon Irrevocable Trust and 2,359.271 shares held by the Joanne F Shannon Qualified Personal Residence Trust, plus 2,051.54 shares held in a directed IRA. The filing includes standard disclaimers about trust ownership and is signed by Orit Mizrachi by power of attorney on 08/18/2025.
Morgan Stanley Direct Lending Fund (MSDL) reporting person David Pessah, identified as the fund's Chief Financial Officer, acquired 3,400 shares of the issuer's common stock on 08/14/2025 at a price of $17.7218 per share. After the purchase the reporting person beneficially owned 5,400 shares. The Form 4 was signed by a power of attorney on 08/15/2025.
Morgan Stanley Direct Lending Fund insider transaction: A Form 4 reports that reporting person Adam S. Metz, identified as a director, acquired 28,248 shares of the fund's common stock at a price of $17.6693 per share on 08/13/2025 under transaction code P (purchase). After the reported purchase, the filing shows Mr. Metz (indirectly) beneficially owns 28,248 shares from this transaction and an additional 48,505.553 shares held indirectly by related accounts, per the footnotes.
The filing discloses that Mr. Metz is a partner of the Metz Investments LP account and is settlor and trustee of the Adam Metz 2006 Trust, which holds the reported securities; he disclaims beneficial ownership of the trust-held shares except to the extent of his pecuniary interest.
Morgan Stanley Direct Lending Fund director David N. Miller reported an open-market purchase of 10,000 shares of common stock on 2025-08-12 at $17.69 per share. The filing shows these shares are held indirectly through the MSSB C/F David Nathan Miller IRA.
After this transaction, Miller’s indirect holdings reported in the IRA totaled 17,168.239 shares, and his direct ownership totaled 5,000 shares of common stock.
Jeff M. Day, Co‑President and reporting officer of Morgan Stanley Direct Lending Fund (MSDL), reported an indirect purchase of 5,650 shares of common stock on 08/12/2025 at approximately $17.70 per share. The transaction increased indirect beneficial ownership to 17,818 shares held by The Day Family Trust, and the Form 4 shows transaction code "P" for a purchase. A footnote states Mr. Day is co‑trustee of The Day Family Trust and disclaims beneficial ownership except to the extent of his pecuniary interest.
This Form 4 was filed by one reporting person and records a routine insider acquisition that modestly increases the officer's indirect stake in MSDL.
Joan A. Binstock, identified as a director of Morgan Stanley Direct Lending Fund (MSDL), is reported to have purchased 5,659 shares of MSDL common stock on 08/11/2025 at a price of $17.685 per share.
After the transaction, the filing shows 39,251 shares reported as beneficially owned indirectly through the Joan A Binstock Revocable Trust. The footnote states Ms. Binstock is the grantor and trustee of that trust and disclaims beneficial ownership except to the extent of her pecuniary interest.
Occi Michael Jr., an officer of Morgan Stanley Direct Lending Fund (MSDL), purchased 14,000 shares of the fund's common stock on 08/12/2025 at $17.7751 per share, increasing his direct beneficial ownership to 21,500 shares.
The Form 4 reports the purchase using transaction code P and shows no derivative securities reported in Table II.
Krishnan Ashwin, listed at C/O Morgan Stanley in New York, filed an Initial Statement of Beneficial Ownership (Form 3) related to Morgan Stanley Direct Lending Fund (MSDL) for the event dated 07/24/2025. He is reported as an officer (Chief Investment Officer) and director. The filing states no securities are beneficially owned as of the reporting date. The form was signed by power of attorney by Orit Mizrachi on 08/12/2025.
On 6 Aug 2025 Morgan Stanley Direct Lending Fund (NYSE: MSDL) filed an 8-K announcing that its wholly-owned subsidiary, North Haven Private Credit CLO 1 LLC, has priced a $401.2 million collateralised loan obligation scheduled to close on or about 17 Sep 2025.
The capital stack comprises:
- $182 m Class A-1 senior secured notes & loans at 3-m SOFR + 1.54%
- $16 m Class A-2 senior secured notes at SOFR + 1.70%
- $24 m Class B senior secured notes at SOFR + 1.90%
- $32 m Class C deferrable notes at SOFR + 2.40%
- $24 m Class D deferrable notes at SOFR + 3.55%
The deal provides term, floating-rate funding that will be consolidated onto MSDL’s balance sheet and counted in its Investment Company Act asset-coverage test. Management characterises the transaction as secured financing; no offer to sell the notes is being made in the filing.