NA Partners Group Lending Fund, LLC - 8-K

Item 1.01

Entry into a Material Definitive Agreement

On April 1, 2026, Partners Group Lending Fund, LLC (the
“Fund”) and Partners Group (USA) Inc. (the “Adviser”) entered into an Amended and Restated Expense Support
and Conditional Reimbursement Agreement (the “Amended Expense Agreement”), which amended certain provisions of the
original Expense Support and Conditional Reimbursement Agreement dated August 31, 2023 (the “Original Agreement”)

Under the Original Agreement, the Adviser waived the Base Management Fee,
paid and/or absorbed a portion of the Fund’s Other Operating Expenses in order that such expenses do not exceed 1.00% (on an annualized
basis) of the Fund’s Aggregate Capital Commitments (as such terms were defined in the Original Agreement, and, such limit, the “Expense
Limitation”).

The Amended Expense Agreement modifies the Expense Limitation such that
Other Operating Expenses shall not exceed 1.00% of the Fund’s net asset value rather than capital commitments. The Amended Expense
Agreement has a term of one year and will automatically renew for additional one-year periods unless terminated on 30 days’ written
notice.

The information set forth above with respect to the Amended Expense Agreement
does not purport to be complete in scope and is qualified in its entirety by the full text of the Amended Expense Agreement, which is
attached hereto as Exhibit 10.1 and is incorporated herein by reference.

Item 9.01 - Financial Statements and Exhibits

(d) Exhibits

Exhibit

Number

Description

10.1

Amended
and Restated Expense Support and Conditional Reimbursement Agreement, dated as of April 1, 2026, by and between Partners
Group Lending Fund, LLC and Partners Group (USA) Inc.

104

Cover Page Interactive Data File (embedded within the Inline XBRL Document)