Lord Abbett Private Credit Fund S Files Q2 2025 10-Q

TL;DR

**Lord Abbett Private Credit Fund S dropped its Q2 10-Q. Check financials.**

AI Summary

Lord Abbett Private Credit Fund S filed its quarterly report on Form 10-Q for the period ending June 30, 2025. The filing, submitted on August 14, 2025, details the company's financial status and operations. The fund is incorporated in Delaware and its principal executive offices are located at 30 Hudson Street, Jersey City, NJ.

Why It Matters

This filing provides investors and analysts with a crucial update on the financial health and performance of Lord Abbett Private Credit Fund S for the second quarter of 2025.

Risk Assessment

Risk Level: low — This is a routine quarterly filing providing standard financial information, not indicating any immediate or unusual risks.

Key Numbers

• 814-01843 — SEC File Number (Identifies the specific SEC filing for the company.)
• 99-5126353 — EIN (Employer Identification Number for tax purposes.)

Key Players & Entities

• Lord Abbett Private Credit Fund S (company) — Registrant
• June 30, 2025 (date) — Quarterly period end date
• August 14, 2025 (date) — Filing date
• Lord Abbett Private Credit Fund A, LP (company) — Former company name
• 30 Hudson Street, Jersey City, NJ 07302 (location) — Principal executive offices address

FAQ

Key Financial Figures

• $0.01 — t had 4,076,979 shares of common stock, $0.01 par value per share, outstanding. Lord

Filing Documents

• c113542_10q-ixbrl.htm (10-Q) — 1164KB
• c113542_ex31-1.htm (EX-31.1) — 12KB
• c113542_ex31-2.htm (EX-31.2) — 12KB
• c113542_ex32-1.htm (EX-32.1) — 5KB
• c113542_ex32-2.htm (EX-32.2) — 5KB
• 0000930413-25-002471.txt ( ) — 7267KB
• lordabbett-20250630.xsd (EX-101.SCH) — 74KB
• lordabbett-20250630_cal.xml (EX-101.CAL) — 35KB
• lordabbett-20250630_def.xml (EX-101.DEF) — 349KB
• lordabbett-20250630_lab.xml (EX-101.LAB) — 457KB
• lordabbett-20250630_pre.xml (EX-101.PRE) — 279KB
• c113542_10q-ixbrl_htm.xml (XML) — 1532KB

Financial Information

Part I. Financial Information 4 Item 1. CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) 4 Consolidated Statements of Assets and Liabilities (Unaudited) 4 Consolidated Statements of Operations (Unaudited) 5 Consolidated Statements of Changes in Net Assets (Unaudited) 6 Consolidated Statements of Cash Flows (Unaudited) 7 Consolidated Schedules of Investments (Unaudited) 8 Notes to the Consolidated Financial Statements (Unaudited) 14 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 31 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 37 Item 4.

Controls and Procedures

Controls and Procedures 38

Other Information

Part II. Other Information 38 Item 1.

Legal Proceedings

Legal Proceedings 38 Item 1A.

Risk Factors

Risk Factors 38 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 38 Item 3. Defaults Upon Senior Securities 38 Item 4. Mine Safety Disclosures 38 Item 5. Other Information 38 Item 6. Exhibits 38

Signatures

Signatures 40 1 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING This Quarterly Report on Form 10-Q contains forward-looking statements that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and you should not place undue reliance on such statements. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about us, our current and prospective portfolio investments, our industry, our beliefs and opinions and our assumptions. We are externally managed by the Adviser, a registered investment adviser under the Investment Advisers Act of 1940, as amended (the "Advisers Act"). Words such as "anticipates," "expects," "intends," "plans," "will," "may," "continue," "believes," "seeks," "estimates," "would," "could," "should," "targets," "projects," "potential," "predicts," and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including: our future operating results; our business prospects and the prospects of our portfolio companies; risk associated with possible disruptions in our operations or the economy generally; changes in the general interest rate environment; general economic, political and industry trends and other external factors, including uncertainty surrounding the financial and political stability of the United States and other countries; our contractual arrangements and relationships with third parties; actual and potential conflicts of interest with our Adviser and its affiliates; the dependence of our future success on the general

- FINANCIAL INFORMATION

PART I - FINANCIAL INFORMATION

Consolidated Financial

Item 1. Consolidated Financial June 30, 2025 December 31, 2024 ASSETS Investments at fair value Non-controlled/non-affiliated investments (cost $ 213,449 and $ 43,714 , respectively) $ 213,810 $ 43,714 Controlled/affiliated investments (cost $ 13,137 and $ 0 , respectively) 13,137 — Total investments at fair value (cost of $ 226,586 , $ 43,714 , respectively) $ 226,947 $ 43,714 Cash and cash equivalents 3,484 3,855 Interest receivable from non-controlled/non-affiliated investments 1,583 299 Dividend receivable from controlled/affiliated investments 137 — Due from adviser 193 95 Receivable for investments sold 88 — Total assets $ 232,432 $ 47,963 LIABILITIES Debt (net of deferred financing costs of $ 1,831 and $ 111 , respectively) (Note 5) $ 126,308 $ 27,189 Distribution payable 1,850 152 Interest payable 813 210 Income incentive fees payable (Note 3) 283 — Capital gains incentive fees payable (Note 3) 35 — Management fees payable (Note 3) 68 — Professional fees payable 169 34 Due to adviser 161 161 Administration fees payable (Note 3) 34 — Distribution and shareholder servicing fees payable (Note 3) 58 — Accrued expense and other liabilities 252 17 Total liabilities $ 130,031 $ 27,763 Total net assets $ 102,401 $ 20,200 Commitments and contingencies (Note 6) NET ASSETS Common shares, $ 0.01 par value ( 4,076,979 and 0 shares issued and outstanding, unlimited number of authorized shares) $ 41 $ — Paid in capital in excess of par value 101,959 20,200 Total distributable earnings /(accumulated loss) 401 — Total net assets $ 102,401 $ 20,200 Total liabilities and net assets $ 232,432 $ 47,963 Net asset value per share $ 25.12 N/A 4 The accompanying notes are an integral part of these consolidated financial statements. Lord Abbett Private Credit Fund S Consolidated Statements of Operations (Unaudited) (in thousands, except share amounts,

View Full Filing

View this 10-Q filing on SEC EDGAR