Audax Private Debt Named a Top Private Credit Firm of 2025 by GrowthCap

Audax Private Debt is pleased to announce that it has been named one of GrowthCap’s Top Private Credit Firms of 2025. This recognition highlights firms that exemplify excellence in private credit investing through partnership-driven approaches, disciplined underwriting, and demonstrated success across market cycles.

GrowthCap’s annual list honors firms that have played a meaningful role in shaping the rapidly expanding private credit landscape—now exceeding $2 trillion in size. Nominated firms were evaluated on their ability to deliver effective financing solutions to portfolio companies, organizational strength, investment experience, and long-term partnership orientation. The selected firms are recognized as best-in-class for their institutional expertise and commitment to the craft of private credit investing.

Based in New York, Audax Private Debt is a leading debt capital partner to North American middle market companies. Independently owned and operated since 2000, the firm provides customized financing solutions across the capital structure—including first lien and stretch senior, unitranche, second lien, subordinated debt, and equity co-investments. As of June 30, 2025, Audax Private Debt has approximately $26 billion in AUM and has invested more than $48 billion across over 1,300 investments with 300 private equity sponsors.

A key differentiator for Audax Private Debt is its leadership depth and tenure. The firm’s Managing Directors average roughly 15 years at Audax, while its senior leadership team brings an average of 35 years of industry experience, with more than two decades working together. This continuity fosters a culture of collaboration, consistency, and disciplined underwriting that underpins Audax’s approach to private credit investing.

“Receiving this recognition from GrowthCap in our 25th year is especially meaningful. For a quarter century, Audax Private Debt has focused on the core middle market, prioritizing capital preservation with a credit-first, relationship-driven mindset. Our team’s dedication and long-standing partnerships with private equity sponsors and investors remain the foundation of our business.”
— Kevin Magid, President