Earn passive income from leading private credit funds to protect against market volatility
Up to 12.5% returns
High yield
3000+ loans
High diversification
12 of the world's best funds
High quality
Get a personalized, automated portfolio built for you.
- Get a personalized private credit portfolio
- Invest and start earning from 12+ funds
- Receive monthly income payments or automatically reinvest your earnings
“Easy onboarding, easy diversification, full transparency and control over how to allocate your funds. If I want to add more money, I can just do it myself, don't need to fill out forms or pay wire transfer fees like I do with other private credit funds.”
Oleg
From Trustpilot “Easy to sign up and transfer funds in, now I'm passively earning a higher rate of return than I'd get anywhere else. Straightforward, does what it says it's going to do, and the team has been communicative in answering all my questions.”
Will T.
From Trustpilot “Interesting investment model with low minimum investment amounts. Private credit opportunities with high rates sourced along side institutional buyers.”
Jason H.
From Trustpilot “I've had a great experience using Heron Finance so far. I didn't have access to private credit before and they have opened this up. Their materials have also helped me understand how to think about allocating to this asset class vs others. I'm excited to see how they evolve the platform from here.”
Sina H.
From Trustpilot “I've had an incredible experience with Blake, Mike and the rest of the Heron Finance team. Heron tremendously lowers the barrier to entry for people to earn interest on their money, above what a traditional high yield savings account or CD can provide. I have no doubt that I can trust Heron with my money. Big fan!”
Mike J.
From Trustpilot “Heron Finance has provided me with a great way to diversify my portfolio into the private credit space. The platform is modern, easy to use, constantly enhanced and has a handful of active deals.”
Smik
From Trustpilot Private credit delivers consistent returns in volatile markets.
- Higher returns than bonds
- Lower volatility than stocks
- Consistent monthly income
Invest with confidence.
SEC
Registered
Heron Finance is an SEC-registered investment advisor (RIA).
$1 trillion
Aggregate manager AUM
Exposure to managers that oversee over half of the private credit market.
<1%
Low loss rates
Highest quality funds chosen for their industry-leading low loss rates.
21 years
Avg manager track record
Private credit managers with experience navigating market cycles.
As seen on:
Access to proven, high-quality private credit funds.
Our private credit analysts implement an ongoing review and monitoring process of private credit managers, selecting only top-tier funds for our clients portfolios.
Allocation
Apollo Debt Solutions BDC
$250B
10.53%
+17 years
26.5%
Apollo Debt Solutions BDC (ADS) focuses on senior secured large corporate direct origination, broadly syndicated loans, and, to a lesser extent, middle market direct lending. While most BDCs concentrate on middle market lending, ADS focuses predominately on large-cap origination. Apollo believes investing in large-scale corporations comes with distinct advantages: it creates a more sustainable product, avoids a fragmented middle market that can often lead to price compression, and potentially reduces risk because the entities involved are typically more stable. Apollo is considered the largest global alternative credit manager.
$250B
AUM
+17 years
Track record
9.1
Quality score
10.53%
Returns
0.93%
Premium to benchmark
Golub Capital Private Credit Fund
$75B
9.93%
+31 years
25.7%
Golub Capital Private Credit Fund (GCRED) primarily targets borrowers in the middle market and upper middle market. GCRED intends to focus on resilient companies in growing, non-cyclical sectors it believes can perform in various market environments. The fund seeks to lend to companies that are market leaders with diversified revenue sources and loyal customer bases. GCRED is actively managed by Golub, which is a true pioneer in private credit, having been making loans since the mid-1990s.
$75B
AUM
+31 years
Track record
8.0
Quality score
9.93%
Returns
-1.57%
Premium to benchmark
Stellus Private Credit BDC
$3B
13.08%
+13 years
13.0%
Stellus Private Credit BDC (SPCB) originates and invests primarily in lower middle-market companies in the U.S. These companies generally have EBITDA between $5 million and $50 million. SPCB seeks to invest in businesses with strong operating and financial fundamentals, high quality management teams, sustainable competitive advantages and the ability to deleverage over the investment hold period through high levels of free cash flow generation. The fund is actively managed by Stellus, which has been focused on direct lending since the mid-2000s.
$3B
AUM
+13 years
Track record
8.1
Quality score
13.08%
Returns
1.51%
Premium to benchmark
Ares Strategic Income Fund
$231B
10.91%
+21 years
8.2%
Ares Strategic Income Fund (ASIF) seeks to generate current income, the potential for capital appreciation, and attractive risk-adjusted returns through market cycles. ASIF primarily invests in directly originated, senior secured, floating rate loans to U.S. companies. The fund is actively managed by Ares, one of the most experienced private credit firms in the world.
$231B
AUM
+21 years
Track record
8.6
Quality score
10.91%
Returns
1.50%
Premium to benchmark
HPS Corporate Lending Fund
$98B
11.73%
+15 years
6.4%
HPS Corporate Lending Fund (HLEND) seeks to generate attractive risk-adjusted returns, predominately in the form of current income, with select investments exhibiting the ability to capture long-term capital appreciation. HLEND's investment strategy focuses primarily on newly originated, privately negotiated senior credit investments in high-quality, established upper middle market companies and, in select situations, companies in special situations. While HLEND's strategy primarily focuses on companies in the U.S., the fund also intends to HPS's global presence to invest, to a lesser extent, in companies in Europe, Australia and other locations outside the U.S. HLEND also includes a smaller allocation to more liquid credit investments such as broadly syndicated loans and corporate bonds to maintain liquidity. The fund is actively managed by HPS, which was established in 2007 as a unit of Highbridge Capital, a subsidiary of J.P. Morgan Asset Management. In 2024, BlackRock and HPS entered into a definitive agreement for BlackRock to acquire HPS.
$98B
AUM
+15 years
Track record
8.4
Quality score
11.73%
Returns
0.49%
Premium to benchmark
KKR FS Income Trust
$106B
13.20%
+20 years
5.3%
KKR FS Income Trust (KFIT) seeks to generate current income by primarily investing in senior secured loans. The fund aims to invest (i) at least 60% of its total assets in first lien, senior secured loans of private middle-market U.S. companies, (ii) up to 30% of its total assets in non-corporate lending opportunities within the private asset-based finance sector, and (iii) to a lesser extent, in subordinated loans of private U.S. companies. The fund is jointly managed by KKR and FS Investments.
$106B
AUM
+20 years
Track record
8.9
Quality score
13.20%
Returns
2.59%
Premium to benchmark
Monroe Capital Income Plus Corp
$15B
12.97%
+19 years
3.7%
Monroe Capital Income Plus Corp (MCIP) is focused on providing financing solutions primarily to lower middle-market companies in the U.S. and Canada. MCIP seeks to generate attractive risk-adjusted returns and downside protection by investing primarily in secured private credit transactions and assets. The fund is actively managed by Monroe Capital, which was founded in 2004, is headquartered in Chicago, and currently maintains 10 offices across the U.S. and Asia.
$15B
AUM
+19 years
Track record
8.0
Quality score
12.97%
Returns
-1.07%
Premium to benchmark
PGIM Private Credit Fund
$8B
14.36%
+25 years
3.1%
PGIM Private Credit Fund (PGIM) seeks to generate current income and, to a lesser extent, long-term capital appreciation. PGIM primarily invests in privately placed floating rate leveraged debt, including, but not limited to, senior secured, first lien, debt issuances in middle market companies primarily in the U.S., as well as up to 30% of its total assets in investments in other countries (primarily Canada, Europe, Australia and Latin America). The fund is actively managed by PGIM Private Capital, with over $100 billion in credit AUM and an established direct-lending track record since 2000. PGIM Private Capital is part of Prudential's investment management business, which is one of the top 10 largest asset managers worldwide, managing more than $1 trillion of assets.
$8B
AUM
+25 years
Track record
8.6
Quality score
14.36%
Returns
4.54%
Premium to benchmark
T. Rowe Price OHA Select Private Credit Fund
$33B
9.28%
+23 years
2.8%
T. Rowe Price OHA Select Private Credit Fund (OCREDIT) seeks to generate attractive risk-adjusted returns, predominately in the form of current income, with select investments capturing long-term capital appreciation, while maintaining a strong focus on downside protection. OCREDIT invests primarily in directly originated and customized private financing solutions, including loans and other debt securities with a strong focus on senior secured lending to larger companies. To a lesser extent, OCREDIT also invests in equity interests, which generally would be obtained as part of providing a broader financing solution. While most of its investments are in U.S. companies, from time to time, OCREDIT also expects to invest in European and other non-U.S. companies. The fund is actively managed by Oak Hill Advisors, which has been making private credit investments for more than two decades. Oak Hill Advisors is part of T. Rowe Price's $1+ trillion asset management platform.
$33B
AUM
+23 years
Track record
8.7
Quality score
9.28%
Returns
-0.99%
Premium to benchmark
TPG Twin Brook Capital Income Fund
$88B
10.94%
+19 years
2.7%
TPG Twin Brook Capital Income Fund (TCAP) invests principally in privately originated senior secured loans to U.S. middle market companies. TCAP's origination strategy focuses on private equity-backed middle market companies with revenue generally under $500 million. The fund is actively managed by TPG Angelo Gordon, a diversified credit and real estate investing platform that was acquired by TPG in 2023. TPG, founded in 1992, is a leading global alternative investment firm with over $200 billion in AUM.
$88B
AUM
+19 years
Track record
8.6
Quality score
10.94%
Returns
-0.01%
Premium to benchmark
Crescent Private Credit Income Corp
$32B
10.07%
+33 years
2.3%
Crescent Private Credit Income Corp (CPCI) seeks to generate current income and, to a lesser extent, long-term capital appreciation through debt and related equity investments. CPCI invests primarily in directly originated assets, with a focus on first lien senior secured loans (including unitranche loans). CPCI's primary focus is to invest in companies with EBITDA of $35 million to $120 million; however, the fund may invest in larger or smaller companies. The fund is actively managed by Crescent, which is one of the most experienced private credit firms in the U.S., having been making middle market loans since the early 1990s.
$32B
AUM
+33 years
Track record
8.6
Quality score
10.07%
Returns
1.17%
Premium to benchmark
Blackstone Private Credit Fund
$178B
10.56%
+19 years
0.3%
Blackstone Private Credit Fund (BCRED) primarily seeks to generate current income by generally investing at least 80% of its total assets in private credit investments such as loans and bonds that are issued in private offerings or issued by private companies. To a lesser extent, BCRED also invests in publicly traded securities of large corporate issuers; these investments are generally liquid, and may be used for the purposes of maintaining liquidity while also presenting an opportunity for attractive investment returns. The fund is currently the world's largest business development company (BDC), and is actively managed by Blackstone, which, for two decades, has remained one of the world's preeminent credit platforms.
$178B
AUM
+19 years
Track record
7.7
Quality score
10.56%
Returns
-4.17%
Premium to benchmark
Learn more
How Private Credit Can Help Investors Weather Volatile Markets
See how private credit has historically performed during market volatility.
Monthly insights from Heron: Tariff talk
In our first Monthly Insights, we dive into how Trump's tariffs are impacting private credit and Heron's portfolios
Private credit: 5 charts all investors need to see in 2025
From outperforming returns to lower volatility, private credit as an asset class has proven its stability over the long run compared to other investments. Here's the data to prove it.
How Private Credit Can Help Investors Weather Volatile Markets
See how private credit has historically performed during market volatility.
Monthly insights from Heron: Tariff talk
In our first Monthly Insights, we dive into how Trump's tariffs are impacting private credit and Heron's portfolios
Private credit: 5 charts all investors need to see in 2025
From outperforming returns to lower volatility, private credit as an asset class has proven its stability over the long run compared to other investments. Here's the data to prove it.
Your questions answered.
$5000 minimum investment.
Get exposure to 12 funds in a single portfolio with only a $5000 initial deposit.
1% annual management fee.
Simple flat rate, already deducted from your projected returns.
Request to sell at any time.
We aim to fulfill requests within one quarter. View the full redemption policy.
We support tax advantaged accounts like IRAs and 401ks.
Heron has partnered with AltoIRA to make this very easy. If you have an existing IRA or 401(k) account, you can transfer funds for free, or you can deposit cash through Alto. For more information, see our help center article here.
With Heron, defaults are rare, most of our loans are first in line for repayment, and with this level of diversification, impact would be minimal.
When you open a private credit portfolio with Heron, you gain exposure to multiple high-quality funds with over 3000 loans. These loans are 95% or more first lien. First lien debt holders are paid back before all other debt holders making the chance of a loss very low. And if one loan does have a loss, your Heron portfolio has over 3000 more loans, providing protection from a high level of diversification. Read our article to learn more about our approach to risk mitigation.
In the unlikely event that Heron goes out of business, your money is safe.
To start, we don't plan to go out of business! We are backed by large institutional investors, generating revenue, and maintaining an ample runway. As any business should, we maintain a continuity plan.
In the highly unlikely event that we did wind down the business, your money is still safe. At a high level, here's what you need to know and how it would wind down:
- All LP shares of funds are held in a separate, bankruptcy-remote legal entity from the one that we use to run our day-to-day operations. Second, Heron Finance works with a qualified custodian, Inspira, that custodies said LP shares.
- In the event that Heron Finance's operating entity were to shut down, we would submit redemption requests to all of the funds.
- Then that separate holding entity and Inspira would work to identify a backup service provider that could manage the redemptions and work to facilitate the return of your capital.
Heron is available to US accredited investors. See what is required to qualify.
Anyone automatically qualifies as an “accredited investor” if they meet just one of the following criteria:
- Income: Individual income of $200,000, or joint (with a spouse or partner) income of $300,000 for the two prior years, with the same anticipated in the current year
- Net Worth: Individual or combined (with a spouse or partner) net worth of $1 million or greater, excluding your primary residence
- Exam: A Series 7, 65, or 82 in good standing
You can verify your status as an accredited investor as a part of our sign-up process. The documents you need will depend on the method of verification. You only need to verify via one of the following:
- Income verification: Connect your payroll provider, or upload W-2s, K-1s, 1099s, paystubs, or tax returns to verify your income
- Net worth verification: Bank statements, brokerage statements, securities holdings statements, certificates of deposit, tax assessments, or appraisal reports (Note: when you use the net worth verification, we pull a “soft” credit report that will not impact your credit score.)
- 3rd party letter: A letter from an attorney or accountant testifying that you are accredited
To learn more about how to become accredited, see our article: 4 Easy Steps to Becoming an Accredited Investor.
Get a private credit portfolio built for you.
- Up to 12.5% returns
- 3000+ loans in each portfolio
- 12 of the world's largest private credit funds
See how Heron works.
- Share your goals and ask questions
- Understand the data and past performance
- Get a personalized platform tour
The information on this website does not constitute an offer to sell securities or a solicitation of an offer to buy securities. Further, none of the information contained on this website is a recommendation to invest in any securities or a recommendation of any interest in any investment offered by Warbler Labs, Inc. or any of its subsidiaries (collectively, “Warbler”).
Any financial forecasts or financial returns, whether in the form of dividend yield or capital appreciation displayed on this website are for illustrative purposes only and are not a guarantee of future results. Private credit investments are subject to credit, liquidity, and interest rate risk. In the event of any default by a borrower, you will bear a risk of loss of principal and accrued interest on such loan, which could have a material adverse effect on your investment. A borrower may default for a variety of reasons, including non-payment of principal or interest, as well as breaches of contractual covenants. Credit risks associated with the investments include (among others): (i) the possibility that earnings of a borrower may be insufficient to meet its debt service obligations; (ii) a borrower's assets declining in value; and (iii) the declining creditworthiness, default, and potential for insolvency of a borrower during periods of rising interest rates and economic downturn.
Any investment target yield presented here is intended for informational purposes only and does not guarantee future performance or results. This model assumes no variability, including no loan defaults, fluctuations in interest rate, customer withdrawal requests, late payments, or penalties, and our management fees have remained unchanged throughout this projection. Please be aware that all investment involves inherent risks, and past performance is not indicative of future outcomes. Customers are advised to consult their own legal and tax advisers regarding their specific circumstances and needs. We do not accept any liability for any loss or damage arising from the use of this information or for any actions taken based on this information without seeking professional advice.
No communication by Heron or any of its affiliates through this website should be construed or is intended to be investment, tax, financial, accounting, or legal advice. Heron Advisory, Inc., d.b.a. Heron Finance is an SEC-registered investment advisor (RIA). Such registration should in no way imply that the SEC has endorsed the entities, products or services discussed herein.