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        <name>Vetcor Professional Practices LLC</name>
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        <name>Mozart Debt Merger Sub Inc.</name>
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        <name>Altice France S.A.</name>
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        <name>Carlyle Global Market Strategies Euro</name>
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        <name>Mitchell International, Inc.</name>
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        <name>TERNA SPA</name>
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        <name>SABRE GLBL INC.</name>
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        <name>OT Luxco 3 &amp; Cy S.C.A.</name>
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        <name>MAJORDRIVE HOLDINGS IV LLC</name>
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        <name>FRAZIER HEALTHCARE VI LP LIMITED PARTNERSHIP</name>
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        <name>CLAYTON DUBLR RICE FUND X LIMITED PARTNERSHIP</name>
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        <name>Revelstoke Single Asset Fund I, L.P.</name>
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        <name>HARVEST PARTNERS V LP LIMITED PARTNERSHIP</name>
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        <name>Vetcor Professional Practices LLC</name>
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        <name>Italgas SpA</name>
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        <name>GENSTAR CAPITAL PARTNERS VII LIMITED PARTNERSHIP</name>
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        <name>BYJU's Alpha, Inc.</name>
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        <name>Magnetite CLO Ltd</name>
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        <name>Lux Total Opportunities, L.P.</name>
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        <name>Stiphout Finance LLC</name>
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        <name>Peraton Corp.</name>
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        <title>Peraton Corp. - Senior</title>
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        <name>Barclays Bank PLC</name>
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        <name>BAIN CAPITAL EUROPE FUND IV LP</name>
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        <name>Lucid Energy Group II Borrower, LLC</name>
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        <name>CONSTELLATION AUTOMOTIVE LTD</name>
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        <name>RLG Holdings, LLC</name>
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        <name>Banff Merger Sub Inc.</name>
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        <name>Gryphon Heritage Partners, L.P.</name>
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        <name>Brookfield WEC Holdings, Inc.</name>
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      <invstOrSec>
        <name>Genesis Care Finance Pty Ltd</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Quintiles IMS Incorporated</name>
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        <name>Flynn Restaurant Group LP</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Woof Holdings, Inc.</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>THOMPSON ST CAP PARTNERS IV LP</name>
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      <invstOrSec>
        <name>ARES CORPORATE OPPS FUND V LP LIMITED PARTNERSHIP</name>
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        <name>New Enterprise Associates 17, L.P.</name>
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        <name>Barclays Bank PLC</name>
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        <name>Carestream Dental Equipment, Inc</name>
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        <title>Carestream Dental Equipment, Inc - 2nd Lien</title>
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        <name>Global Blue Group Holding AG</name>
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        <name>Tank Holding Corp.</name>
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      <invstOrSec>
        <name>Pretium PKG Holdings, Inc.</name>
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        <name>Ceramtec Co-Investment (1) LP</name>
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        <name>Oaktree Specialty Lending Corp</name>
        <lei>549300J6MGCEU5928620</lei>
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        <name>WELSH CARSON AND STOWE XII LIMITED PARTNERSHIP</name>
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        <name>International Park Holdings B.V.</name>
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        <name>Team.blue Finco SARL</name>
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        <name>Bracket Intermediate Holding Corp.</name>
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        <name>Webhelp</name>
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        <name>CLAYTON DUBLR RICE FUND IX LIMITED PARTNERSHIP</name>
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        <name>Zenith Longitude Limited</name>
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        <name>PROVIDENCE EQ PARTNERS VI A LP LIMITED PARTNERSHIP</name>
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        <name>Checkers Holdings, Inc.</name>
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        <name>Graphite Capital Partners IX L.P.</name>
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        <name>Husky Injection Molding Systems Ltd.</name>
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        <name>American Tower Corp</name>
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        <name>Pearl Intermediate Parent LLC</name>
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        <name>RIVERSIDE EUROPE FUND IV LP LIMITED PARTNERSHIP</name>
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        <name>MAVERICK BIDCO INC</name>
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        <name>SSH Group Holdings, Inc.</name>
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        <name>Huntress Co-Investment L.P., 1</name>
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        <name>Waste Management Inc</name>
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        <title>Waste Management Inc</title>
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        <name>CapitalSpring Finance Company, LLC</name>
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        <name>NTS Holding Corporation, Inc.</name>
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        <name>First Student Bidco Inc.</name>
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        <name>Refficiency Holdings LLC</name>
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        <name>Deerfield Dakota Holding, LLC</name>
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        <name>DCert Buyer, Inc.</name>
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        <name>WARBURG PINCUS PE X LP D LIMITED PARTNERSHIP</name>
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        <name>TricorBraun Holdings, Inc.</name>
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        <name>Voya Euro CLO</name>
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        <name>ThyssenKrupp Elevator</name>
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        <name>Delta Topco, Inc.</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>WP CityMD Bidco LLC</name>
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      <invstOrSec>
        <name>CapitalSpring Finance Company, LLC</name>
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      <invstOrSec>
        <name>Barclays Bank PLC</name>
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          <other otherDesc="Internal Identifier" value="943EMR908"/>
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        <name>HGCAPITAL MERCURY 2</name>
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      <invstOrSec>
        <name>INSIGHT VENTURE PARTNERS X, L.</name>
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        <name>Root JVCo S.a r.l.</name>
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        <name>Merrill Lynch International</name>
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        <name>GRAPHITE CAPITAL PARTNERS VII LIMITED PARTNERSHIP</name>
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        <name>Merrill Lynch International</name>
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        <name>HOLDING SOCOTEC</name>
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        <name>GTS II Cayman Corporation</name>
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        <name>Redstone Holdco 2 LP</name>
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        <name>ADAGIA PARTNERS</name>
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        <name>Unified Women's Healthcare, LLC</name>
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        <name>MADISON DEARBORN CAP V LP C LIMITED PARTNERSHIP</name>
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        <name>Bach Finance Limited</name>
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      <invstOrSec>
        <name>Root JVCo S.a r.l.</name>
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        <name>Delta 2 (Lux) S.a r.l.</name>
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        <name>KKR EUROPEAN FUND III LP LIMITED PARTNERSHIP</name>
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        <name>AI Sirona (Luxembourg) Acquisition S.a.r.l.</name>
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        <name>HGCAPITAL TRUST PLC</name>
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        <name>The Baring Asia Private Equity Fund VI Co-Investment L.P.</name>
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        <name>MBK Partners Colonel Fund, L.P.</name>
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        <name>SILVER LAKE PARTNERS III LP C LIMITED PARTNERSHIP</name>
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        <name>Madison Dearborn Capital Partners VIII, L.P.</name>
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        <name>Apax Global Alpha Ltd</name>
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        <name>NSM Top Holdings Corp.</name>
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        <name>Stark Perseus Investment</name>
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        <name>Global Blue Holding LP</name>
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      <invstOrSec>
        <name>Restaurant Technologies Inc.</name>
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      <invstOrSec>
        <name>GEI SIDE CF</name>
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        <title>GEI SIDE CF</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Virgin Media Bristol LLC</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Energy Capital Partners III, L.P.</name>
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        <name>Engineered Machinery Holdings, Inc.</name>
        <lei>5493008AR0NPSLW8EW07</lei>
        <title>Engineered Machinery Holdings, Inc. - Senior</title>
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          <isin value="US26658NAP42"/>
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        <fairValLevel>3</fairValLevel>
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        <name>VS Buyer, LLC</name>
        <lei>N/A</lei>
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          <isin value="US91834WAC47"/>
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        <fairValLevel>3</fairValLevel>
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        <name>Palmer Square European Loan Funding 2020-1 DAC</name>
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        <title>Palmer Square European Loan Funding 2021-1 DAC</title>
        <cusip>000000000</cusip>
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          <isin value="XS2372349527"/>
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        <invCountry>IE</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <maturityDt>2031-04-15</maturityDt>
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      <invstOrSec>
        <name>TRIDENT VII, L.P.</name>
        <lei>N/A</lei>
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        <name>Icon Partners V, L.P.</name>
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        <name>DexKo Global Inc.</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Sitel Group</name>
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        <title>Sitel Group -  Senior</title>
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          <isin value="US82981MAC64"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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        <name>Stonepeak Tiger (Co-Invest) Holdings (I-B) LP</name>
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        <name>Ciddan S.a.r.l.</name>
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        <name>Help/Systems Holdings, Inc</name>
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        <name>National Mentor Holdings, Inc.</name>
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        <name>VEPF VII Co Invest 2-A, L.P.</name>
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        <name>BAIN CAPITAL FUND X LP</name>
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        <name>VISTRIA FUND II, L.P.</name>
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        <name>Compass IV Limited</name>
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        <name>Avantor, Inc.</name>
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        <name>Charter NEX US, Inc.</name>
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        <name>Tahoe Subco 1 Ltd.</name>
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        <name>Merrill Lynch International</name>
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        <name>TA Select Opportunities Fund II-B, L.P.</name>
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        <name>KKR NORTH AMERICA FUND XI LP LIMITED PARTNERSHIP</name>
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        <name>Magenta Buyer LLC</name>
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        <name>Ministry Brands, LLC</name>
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        <name>Elm Park CLO DAC 0.000 15 Apr 2034 Class C 144A</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Barracuda Networks, Inc.</name>
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      <invstOrSec>
        <name>LogMeIn, Inc.</name>
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        <name>ADVENT INTERNATIONAL GPE VI LP LIMITED PARTNERSHIP</name>
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        <name>Capri Acquisitions Topco Limited</name>
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        <name>AVISTA CAPITAL PARTNERS II LP LIMITED PARTNERSHIP</name>
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        <name>DPE Deutschland IV</name>
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        <name>MedRisk, Inc.</name>
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        <name>ABINGWORTH BIOVENTURES V LP LIMITED PARTNERSHIP</name>
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        <name>MONOMOY CAPITAL PARTNERS II LP LIMITED PARTNERSHIP</name>
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        <name>TDC A/S</name>
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        <name>SABRE GLBL INC.</name>
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        <name>BAIN XIII</name>
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        <name>KKR European Fund V (EUR) SCSp</name>
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        <name>Femur Buyer, Inc.</name>
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        <name>Root JVCo S.a r.l.</name>
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        <name>AENA SA</name>
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        <name>PERMIRA IV LP D LIMITED PARTNERSHIP</name>
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        <name>ALTRA PRIVATE EQUITY FUND II LIMITED PARTNERSHIP</name>
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        <name>APPLOVIN CORPORATION</name>
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        <name>Berkshire Fund VIII, L.P.</name>
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        <name>Rouge Beachhouse B.V.</name>
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        <name>MHS Blocker Purchaser L.P.</name>
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        <name>Insight Venture Partners Continuation Fund, L.P.</name>
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        <name>Trident TPI Holdings, Inc.</name>
        <lei>549300TPLK304J3RNC85</lei>
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        <name>Osmosis Buyer Limited</name>
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        <name>INSIGHT XII CO INVEST</name>
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      <invstOrSec>
        <name>MADISON DEARBORN CAP PRTNRS V LIMITED PARTNERSHIP</name>
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      <invstOrSec>
        <name>Netsmart, Inc.</name>
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        <name>APOLLO OVRSEAS PARTNERS VII DE LIMITED PARTNERSHIP</name>
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        <name>Autoform Lux S.a.r.l / Autofoform Holding AG</name>
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        <name>PetVet Care Centers, LLC</name>
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        <name>Gopher Resource, LLC</name>
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        <name>Root JVCo S.a r.l.</name>
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        <name>The Baring Asia Private Equity Fund VI Co-Investment L.P.</name>
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        <name>ADVENT INTERNATIONAL GPE VII LIMITED PARTNERSHIP</name>
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        <name>Vinci SA</name>
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        <name>Merrill Lynch International</name>
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        <name>Autoform Lux S.a.r.l / Autofoform Holding AG</name>
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        <name>CARLYLE EUROPE PARTNERS V LP</name>
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        <name>VOYAGE AUSTRALIA PTY LIMITED</name>
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      <invstOrSec>
        <name>SILVER LAKE SUMERU FUND LP LIMITED PARTNERSHIP</name>
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      <invstOrSec>
        <name>GC EOS Buyer, Inc.</name>
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        <name>ASTORG VI, FCPI</name>
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      <invstOrSec>
        <name>TRG GROWTH PARTNERSHIP II LP LIMITED PARTNERSHIP</name>
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      <invstOrSec>
        <name>Lerer Hippeau VII, LP</name>
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        <name>OAK HILL CAPITAL PARTNERS IV</name>
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      <invstOrSec>
        <name>NATIONAL GRID PLC</name>
        <lei>8R95QZMKZLJX5Q2XR704</lei>
        <title>NATIONAL GRID PLC</title>
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      <invstOrSec>
        <name>Palmer Square European Loan Funding 2021-2 DAC</name>
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      <invstOrSec>
        <name>Crown Subsea Communications Holding, Inc.</name>
        <lei>3912006DWJ216KSA8A82</lei>
        <title>Crown Subsea Communications Holding, Inc. - Senior</title>
        <cusip>000000000</cusip>
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          <isin value="XAD1463UAC18"/>
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        <invCountry>DE</invCountry>
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      <invstOrSec>
        <name>MONTAGU III LP LIMITED PARTNERSHIP</name>
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        <name>PAMLICO CAPITAL II LP LIMITED PARTNERSHIP</name>
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        <name>Astorg Mid-Cap</name>
        <lei>N/A</lei>
        <title>Astorg Mid-Cap</title>
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        <name>Paysafe Group Holdings II Limited</name>
        <lei>549300N8UN7DUDH51357</lei>
        <title>Paysafe Group Holdings II Limited - Senior</title>
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      <invstOrSec>
        <name>ARES CORPORATE OPPS FUND IV LP LIMITED PARTNERSHIP</name>
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        <name>Weld North Education LLC</name>
        <lei>254900W855WLN58WNJ32</lei>
        <title>Weld North Education LLC - Senior</title>
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        <name>SSH Group Holdings, Inc.</name>
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      <invstOrSec>
        <name>Merrill Lynch International</name>
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        <title>PURCHASED USD / SOLD EUR</title>
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        <name>EQT IX Co-Investment (F) SCSp</name>
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        <name>VeriFone Systems, Inc.</name>
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        <name>ADVENT LATIN AMRCN PE FND VI H LIMITED PARTNERSHIP</name>
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        <name>Telenet Financing USD LLC</name>
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        <name>Astorg VII Co-Invest ERT</name>
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        <name>Palmer Square European Loan Funding 2021-2 DAC</name>
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        <name>HIG Finance 2 Limited</name>
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        <name>WELSH CARSON AND STOWE XIII LIMITED PARTNERSHIP</name>
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        <name>Campaign Monitor (UK) Limited</name>
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        <name>Equinix Inc</name>
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        <name>AAVAS Financiers Limited</name>
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        <name>National Spine and Pain Centers, LLC</name>
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        <name>Neuberger Berman Loan Advisers CLO 45 Ltd</name>
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        <name>SCIH Salt Holdings Inc.</name>
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        <name>ADMI Corp.</name>
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        <name>Nielsen Consumer LLC</name>
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        <name>Standard Industries Inc.</name>
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          <other otherDesc="CommitmentIQID" value="4C8F4D340D3942B8A73550B69BA07132"/>
        </identifiers>
        <balance>145.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1.00000000</valUSD>
        <pctVal>0.000000009510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>POLYUSUS LUX XXIII SARL</name>
        <lei>N/A</lei>
        <title>POLYUSUS LUX XXIII SARL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="943EVV909"/>
        </identifiers>
        <balance>264367.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87935300"/>
        <valUSD>1.14000000</valUSD>
        <pctVal>0.000000010842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>The Baring Asia Private Equity Fund VI Co-Investment L.P.</name>
        <lei>N/A</lei>
        <title>The Baring Asia Private Equity Fund VI Co-Investment L.P.</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="CommitmentIQID" value="0479FD0DF4324294858EAC116137A09E"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>OU</units>
        <descOthUnits>Ownership through limited partnership interest</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>822199.01000000</valUSD>
        <pctVal>0.007819726634</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="equity-other"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Frontmatec Holding III ApS</name>
        <lei>N/A</lei>
        <title>Frontmatec Holding III ApS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="CommitmentIQID" value="B8187998A7D14DD99C6EAE8BE558AA85"/>
        </identifiers>
        <balance>248257489.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.54025000"/>
        <valUSD>2936880.15000000</valUSD>
        <pctVal>0.027931923600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Barings Transportation Fund, L.P.</name>
        <lei>N/A</lei>
        <title>Barings Transportation Fund, L.P.</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="943GZX005"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>OU</units>
        <descOthUnits>Primary - Limited Partnership</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>9351712.28000000</valUSD>
        <pctVal>0.088941767997</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Primary - Limited Partnership"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mirion Technologies, Inc.</name>
        <lei>549300EBD5JHM14L3R48</lei>
        <title>MIRION TECHNOLOGIES INC - First Lien</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX195937"/>
        </identifiers>
        <balance>1197600.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1196534.14000000</valUSD>
        <pctVal>0.011379933288</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Livingbridge 7 LP</name>
        <lei>N/A</lei>
        <title>Livingbridge 7 LP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="CommitmentIQID" value="BE3B91F752024DB387576DCEA446E698"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>OU</units>
        <descOthUnits>Primary - Limited Partnership</descOthUnits>
        <currencyConditional curCd="GBP" exchangeRt="0.73830700"/>
        <valUSD>6891208.87000000</valUSD>
        <pctVal>0.065540542970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Primary - Limited Partnership"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Apax X USD L.P.</name>
        <lei>N/A</lei>
        <title>Apax X USD L.P.</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="966UFW901"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>OU</units>
        <descOthUnits>Primary - Limited Partnership</descOthUnits>
        <curCd>USD</curCd>
        <valUSD>10686287.52000000</valUSD>
        <pctVal>0.101634575241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Primary - Limited Partnership"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>GG</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Preferred equity asset types with the same issuer name (C.1.a) and number of shares (C.2.a.i) represent one investment. In these instances, the various rows represent add-on acquisitions. The sum of the market value for the corresponding rows is the total market value of the fund's investment." noteItem="C.2.a"/>
      <explntrNote note="Common equity asset types with the same issuer name (C.1.a) and number of shares (C.2.a.i) represent one investment. In these instances, the various rows represent add-on acquisitions. The sum of the market value for the corresponding rows is the total market value of the fund's investment." noteItem="C.2.a"/>
      <explntrNote note="Debt asset types with the same issuer name (C.1.a) and principal amount (C.2.a.i) represent one investment. In these instances, the various rows represent add-on acquisitions. The sum of the market value for the corresponding rows is the total market value of the fund's investment." noteItem="C.2.a"/>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>

    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-01-27</ncom:dateSigned>
      <ncom:nameOfApplicant>Partners Group Private Equity (Master Fund), LLC</ncom:nameOfApplicant>
      <ncom:signature>Lan-Ping Wu</ncom:signature>
      <ncom:signerName>Lan-Ping Wu</ncom:signerName>
      <ncom:title>Vice President</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
