XML 19 R13.htm IDEA: XBRL DOCUMENT v3.24.2.u1
N-2 - $ / shares
 6 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Cover [Abstract]    
Entity Central Index Key 0001902649  
Amendment Flag false  
Securities Act File Number 814-01485  
Document Type 10-Q  
Entity Registrant Name BLACKROCK PRIVATE CREDIT FUND  
Entity Address, Address Line One 50 Hudson Yards  
Entity Address, City or Town New York  
Entity Address, State or Province NY  
Entity Address, Postal Zip Code 10001  
City Area Code 212  
Local Phone Number 810-5300  
Entity Emerging Growth Company true  
Entity Ex Transition Period true  
General Description of Registrant [Abstract]    
Risk Factors [Table Text Block]

Item 1A. Risk Factors

In addition to other information set forth in this report, you should carefully consider the risk factors in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the “Annual Report”), which could materially affect our business, financial condition and/or operating results. The risks described in our Annual Report and discussed below are not the only risks facing us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially and adversely affect our business, financial condition and/or operating results.

We are dependent upon senior management personnel of the Advisor for our future success; if the Advisor is unable to retain qualified personnel or if the Advisor loses any member of its senior management team, our ability to achieve our investment objective could be significantly harmed.

The success of the Fund is highly dependent on the financial and managerial expertise of the Advisor. The loss of one or more of the voting members of the Investment Committee could have a material adverse effect on the performance of the Fund. Although the Advisor and the voting members of the Investment Committee devote a significant amount of their respective efforts to the Fund, they actively manage investments for other clients and are not required to (and will not) devote all of their time to the Fund’s affairs. In addition, in connection with the acquisition of TCP (a wholly-owned subsidiary of the Advisor) by BlackRock in August 2018, certain senior members of the Advisor's investment team and other key advisory personnel were granted retention bonuses. As the last of such retention bonuses have recently been paid, there may be less economic incentive for certain senior investment team members and certain other key personnel to remain with the Advisor than in prior periods. Certain members of the Advisor's investment team that received such bonuses have left the firm. The loss of key members of the Advisor’s investment team, or a material portion of other key advisory personnel, could have a material adverse effect on the performance of the Fund if the Advisor were unable to replace such persons in a timely manner. 		 
NAV Per Share $ 24.84 $ 24.85