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        <name>BLASTONE</name>
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      </invstOrSec>
      <invstOrSec>
        <name>CARE ADVANTAGE</name>
        <lei>N/A</lei>
        <title>CARE ADVANTAGE (DD)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="LXCARE               00013"/>
        </identifiers>
        <balance>2758837.41000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2731961.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.60198800</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAPACITY SPORTS</name>
        <lei>N/A</lei>
        <title>CAPACITY SPORTS (TL)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="LXCBSPORT"/>
        </identifiers>
        <balance>2583595.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2564218.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-19</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CERTIFIED COLLISION GROUP</name>
        <lei>N/A</lei>
        <title>CERTIFIED COLLISION (TL)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="LXCCG"/>
        </identifiers>
        <balance>6052346.57000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6052346.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMMUNITY MGMT HOLDINGS MIDCO 2, LLC</name>
        <lei>N/A</lei>
        <title>CCMC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="LXCCMC"/>
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        <balance>3959441.50000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3974347.89000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.60383100</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COMMUNITY MGMT HOLDINGS MIDCO 2, LLC</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="LXCCMC               00013"/>
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        <balance>186170.21000000</balance>
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        <curCd>USD</curCd>
        <valUSD>186170.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.60383100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COMMUNITY MGMT HOLDINGS MIDCO 2, LLC</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="LXCCMC               00014"/>
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        <balance>767353.73000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>770242.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.63163000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COMMUNITY MGMT HOLDINGS MIDCO 2, LLC</name>
        <lei>N/A</lei>
        <title>CCMC (RC)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="LXCCMC               00015"/>
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        <balance>79787.24000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>79787.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.60383100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COMMUNITY MGMT HOLDINGS MIDCO 2, LLC</name>
        <lei>N/A</lei>
        <title>CCMC (DDTL)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="LXCCMC               00016"/>
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        <balance>11612.23000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11655.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.48173000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITY BARBEQUE, LLC</name>
        <lei>N/A</lei>
        <title>CITY BARBEQUE, LLC</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal ID" value="LXCITYBBQ"/>
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        <balance>1708148.60000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1703258.87000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-04</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.10012000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CLUB CAR WASH</name>
        <lei>N/A</lei>
        <title>CLUB CAR WASH (DD)</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Internal ID" value="LXCLUBCAR            00011"/>
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        <balance>372102.08000000</balance>
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        <curCd>USD</curCd>
        <valUSD>370757.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-16</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLUB CAR WASH</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal ID" value="LXCLUBCAR            00012"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>CLUB CAR WASH</name>
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          <other otherDesc="Internal ID" value="LXCLUBCAR            00013"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>CLUB CAR WASH</name>
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          <other otherDesc="Internal ID" value="LXCLUBCAR            00014"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COADVANTAGE RESOURCES, INC</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COREPOWER YOGA, INC</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CRH HEALTHCARE</name>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>EASY ICE, LLC</name>
        <lei>N/A</lei>
        <title>EASY ICE, LLC</title>
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        <curCd>USD</curCd>
        <valUSD>2049755.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
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      <invstOrSec>
        <name>EASY ICE, LLC</name>
        <lei>N/A</lei>
        <title>EASY ICE, LLC</title>
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        <curCd>USD</curCd>
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      <invstOrSec>
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      <invstOrSec>
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        <name>ODYSSEY BEHAVIORAL HEALTHCARE</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>PARETO BUYER LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>PEARL MEYER &amp; PARTNERS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PETRA FUNDS GROUP, LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>PETRA FUNDS GROUP, LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>PSYCHIATRIC MEDICAL CARE</name>
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        <name>RBFD BUYER, LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>RBFD BUYER, LLC</name>
        <lei>N/A</lei>
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      <invstOrSec>
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        <name>RUSSELL LANDSCAPE</name>
        <lei>N/A</lei>
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      <invstOrSec>
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      <invstOrSec>
        <name>RUSSELL LANDSCAPE</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>RUSSELL LANDSCAPE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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        <name>SURGICAL CENTER SOLUTIONS</name>
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        <name>TCP ANALYTICAL</name>
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        <name>Vortex Companies LLC</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-04</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.91572000</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>VORTEX INTERMEDIATE, LLC</name>
        <lei>N/A</lei>
        <title>VORTEX INTERMEDIATE (DD)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="LXVORTEX             00014"/>
        </identifiers>
        <balance>356250.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>356580.39000000</valUSD>
        <pctVal>0.122559602155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-04</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.91572000</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>WILSON LANGUAGE (OWL ACQUISITION, LLC)</name>
        <lei>N/A</lei>
        <title>WILSON LANGUAGE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="LXWILSON"/>
        </identifiers>
        <balance>4851295.64000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4697376.11000000</valUSD>
        <pctVal>1.614526663166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.63163000</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>WILSON LANGUAGE (OWL ACQUISITION, LLC)</name>
        <lei>N/A</lei>
        <title>WILSON LANGUAGE (TL)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="LXWILSON             00013"/>
        </identifiers>
        <balance>80977.63000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>78408.41000000</valUSD>
        <pctVal>0.026949613059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.68532000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Returns are reported without deducting sales loads and redemption fees, if any." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-01-28</ncom:dateSigned>
      <ncom:nameOfApplicant>iDirect Private Credit Fund</ncom:nameOfApplicant>
      <ncom:signature>Indira Mahadeo</ncom:signature>
      <ncom:signerName>Indira Mahadeo</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
