Quick Answer
Morgan Stanley Direct Lending Fund reported Total Assets of $3.92 billion for fiscal year 2025.
Morgan Stanley Direct Lending Fund Total Assets — Annual History
| Fiscal Year | Total Assets | YoY Change |
|---|---|---|
| 2025 | $3.92B | +0.2% |
| 2024 | $3.91B | +18.3% |
| 2023 | $3.31B | +10.7% |
| 2022 | $2.99B | — |
Quarterly Total Assets
| Quarter Ending | Total Assets | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $3.93B | +3.7% | +0.3% |
| June 30, 2025 | $3.92B | +7.3% | +0.2% |
| March 31, 2025 | $3.91B | +15.0% | +0.0% |
| December 31, 2024 | $3.91B | +18.3% | +3.1% |
| September 30, 2024 | $3.79B | +15.8% | +3.8% |
| June 30, 2024 | $3.66B | +19.0% | +7.5% |
| March 31, 2024 | $3.40B | +11.2% | +2.9% |
| December 31, 2023 | $3.31B | +10.7% | +0.9% |
- Morgan Stanley Direct Lending Fund showed an increase of +0.2% in Total Assets compared to the prior fiscal year.
- Over the 2022–2025 period, Morgan Stanley Direct Lending Fund’s total assets has grown by 31.3% (from $2.99 billion to $3.92 billion).
- The most recent figure is from Morgan Stanley Direct Lending Fund’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 26, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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