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What check size do private credit funds write?

Sourced check-size bands on TerraNova cluster in the lower and core middle market: the median sourced band across 656 funds is $10M–$100M. Percentiles by fund type are published at /learn/what-check-size-do-private-credit-funds-write. Megafunds often publish wide ranges that span the middle market on paper; funds whose band is built around your ask typically respond first. Estimated ranges are flagged ~ (est.).

Figures from the researched book · updated Sep 14, 2026 · refreshed daily · rendered Sep 15, 2026