Morgan Stanley Direct Lending Fund — Form 8-K Summary
Business Context and Reporting Period
The Form 8-K was filed on December 11, 2023, under Item 5.02 to report a change in the Company’s executive officers. The filing does not provide quarterly or annual financial results.
Executive Officer Change
- David Pessah, age 38, was appointed Chief Financial Officer effective December 11, 2023.
- Orit Mizrachi relinquished her interim CFO role upon Mr. Pessah’s appointment and continues as Chief Operating Officer.
- Mr. Pessah was also appointed CFO of five affiliated business development companies that share the Company’s investment adviser.
Management Background and Disclosures
Mr. Pessah became a Managing Director of Morgan Stanley Investment Management in December 2023. Previously, he held positions at Goldman Sachs from September 2010 through November 2023, most recently serving as CFO, Treasurer and Chief Accounting Officer of its business development company complex within the Private Credit group. He began his career at Ernst & Young LLP.
The filing states that Mr. Pessah has no family relationships requiring disclosure with the Company’s directors or executive officers and has no disclosed material-interest transactions under Item 404(a) of Regulation S-K.
Financial Metrics, Guidance and Risks
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, investment portfolio data, guidance, outlook, contingencies or unusual financial items. It also does not describe a change in business strategy or operating performance.
Most Important Facts to Verify
- Confirm the effective date of Mr. Pessah’s CFO appointment: December 11, 2023.
- Confirm that Ms. Mizrachi remains Chief Operating Officer after leaving the interim CFO position.
- Review subsequent filings for any additional executive changes, compensation arrangements or related-party disclosures.
- Use the Company’s periodic reports, rather than this 8-K, to verify financial performance, leverage, liquidity and portfolio metrics.