Key Takeaways
- • Golub Capital, a private credit manager with more than $90 billion in capital under management as of July 1, 2026, will invest $5 million in F2, an agentic AI operating system for global credit, according to a Business Wire release.
- • The strategic partnership lets Golub Capital deploy F2's technology and AI capabilities across its investment workflows, using its proprietary data and institutional knowledge.
- • The partnership establishes the Global Credit AI Council, an invitation-only forum for senior executives from a small number of private markets institutions, with Golub Capital co-CEO David Golub as inaugural Chair.
- • F2 follows its June announcement of $24 million in total equity funding, including a $14 million seed round led by HighlandX.
Summary
F2, which describes itself as the agentic operating system for global credit, announced a strategic partnership with Golub Capital alongside a $5 million investment from the private credit manager, according to a Business Wire release dated September 28, 2026. Golub Capital reported more than $90 billion of capital under management as of July 1, 2026, a gross measure of invested capital including leverage, and more than 1,100 employees across offices in North America, Europe, Asia and the Middle East.
Under the partnership, Golub Capital will deploy F2 technology and AI capabilities to augment its established investment processes. The stated aim is to apply AI across investment workflows while leveraging the firm's institutional knowledge and proprietary data. David Golub, Co-Chief Executive Officer of Golub Capital, said the goal is to enhance the agility, rigor and scalability of the firm's processes while maintaining its risk discipline. He emphasized that proprietary knowledge should remain under the firm's control even as underlying models evolve, and credited F2's model-agnostic architecture with providing that flexibility.
The partnership also creates the Global Credit AI Council, an invitation-only forum for senior executives from a small number of private markets institutions. David Golub will serve as its inaugural Chair. The Council is intended to discuss emerging AI applications and how institutions can responsibly integrate the technology, and it is expected to announce founding members in the coming months.
Don Muir, Co-Founder and Chief Executive Officer of F2, said that AI should be built around what makes each institution unique and that institutions should retain control of their proprietary data without tying their future to a single model provider. The company describes its architecture as LLM-agnostic and finance-grade, designed for auditability, data sovereignty and token efficiency. The partnership follows F2's June announcement of $24 million in total equity funding, including a $14 million seed round led by HighlandX, with participation from Y Combinator, Left Lane Capital and NFX, to scale customized deployments across private credit funds and commercial banks.
Under the partnership, Golub Capital will deploy F2 technology and AI capabilities to augment its established investment processes. The stated aim is to apply AI across investment workflows while leveraging the firm's institutional knowledge and proprietary data. David Golub, Co-Chief Executive Officer of Golub Capital, said the goal is to enhance the agility, rigor and scalability of the firm's processes while maintaining its risk discipline. He emphasized that proprietary knowledge should remain under the firm's control even as underlying models evolve, and credited F2's model-agnostic architecture with providing that flexibility.
The partnership also creates the Global Credit AI Council, an invitation-only forum for senior executives from a small number of private markets institutions. David Golub will serve as its inaugural Chair. The Council is intended to discuss emerging AI applications and how institutions can responsibly integrate the technology, and it is expected to announce founding members in the coming months.
Don Muir, Co-Founder and Chief Executive Officer of F2, said that AI should be built around what makes each institution unique and that institutions should retain control of their proprietary data without tying their future to a single model provider. The company describes its architecture as LLM-agnostic and finance-grade, designed for auditability, data sovereignty and token efficiency. The partnership follows F2's June announcement of $24 million in total equity funding, including a $14 million seed round led by HighlandX, with participation from Y Combinator, Left Lane Capital and NFX, to scale customized deployments across private credit funds and commercial banks.
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