Private company
Who owns Varagon Capital Partners, L.P.
One company in the researched set discloses a stake in Varagon Capital Partners, L.P., none of it sized by anyone who discloses it. Varagon Capital Partners, L.P. is private, so no 13F reports it: a 13F covers exchange listed positions only. These figures exist because each holder disclosed the stake in its own filings.
Varagon Capital Partners, L.P. - Profile
- Type
- private company
- Based in
- United States
- Founded
- 2014
Varagon Capital Partners is a United States private credit manager that originates and manages direct loans to middle market companies, typically acting as lead or co lead lender on senior secured first lien, unitranche and second lien facilities for private equity backed borrowers in non cyclical industries. Founded in 2014 and operating from New York, Fort Worth and Chicago, it had 11.8 billion dollars of fee paying assets under management and 15.4 billion dollars of total client commitments at the end of 2022, having arranged 24.5 billion dollars of financings for more than 300 companies and 138 sponsors. Man Group agreed in 2023 to acquire the business, which now operates as Man Varagon.
Source
Varagon Capital Partners, L.P. files nothing with the SEC, so none of this comes from a filer record. The description was written for this site in August 2026 from Man Group: Man Group to acquire Varagon Capital Partners, Man Group: Man Varagon and Private Equity Insights: Goldman Sachs invests in direct lending firm Varagon Capital Partners. The ownership figures below come from the holders' filings instead, and are sourced row by row.
The disclosed stakes
One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.
Where each figure comes from
A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.
- Aflac Incorporated. Aflac Global Investments' own press release describes only 'a significant non-controlling minority interest', with no percentage or dollar figure disclosed for the equity stake itself; a Pensions & Investments article on the same deal states Aflac and AIG 'will have equal ownership stakes' in Varagon, but that phrasing is not corroborated by Aflac's own release and is not precise enough to record as a number, so pct_of_target is left null (see unknowns). Not named in Aflac's Q2 2026 10-Q or FY2025 10-K. source
What this page is not
It is not a complete register. It lists the holders who happen to be inside the researched set and disclosed the stake themselves. A private company can have many other shareholders, and nothing here rules them out: venture investors, founders and employees usually appear in no public filing at all. Percentages are of Varagon Capital Partners, L.P. where a holder stated one, and are missing where no holder did.