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Suited Connector, LLC

Private Credit

Search this name across graphsid dfx:pc:aee660d2-eba7-6e67-6254-54022955a23a

Data as of Jun 30, 2026 (this record's last observation) from The BDC tape; Adviser-reported credit funds; Deal parties; Pending. Page built Sep 21, 2026, 4:38 PM UTC and rebuilt at most every 15 minutes.

Relationships: 0
Dated events: 40
On other graphs: 1
Observed: Dec 31, 2022 to Jun 30, 2026
16 observations

Right now

6 signals name this record (all private credit signals)

#1IntensifiedSignalPrivate creditCredit deterioration (intensified)

Suited Connector, LLC: lender marks fell to 44 cents across 2 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2023-06-30 quarter end, readable when the filing landed on 2023-08-03.

Exposure: $19.4M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.53x non accrual, 138d median

BlackRock TCP Capital Corp. · lender BlackRock Direct Lending Corp. · lender Tenex Capital Management, L.P. · sponsor

Credit Attention / portfolio monitorJun 30, 2023 · seen 4 days ago

#2IntensifiedSignalPrivate creditCredit deterioration (intensified)

Suited Connector, LLC: lender marks fell to 29 cents across 2 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2025-06-30 quarter end, readable when the filing landed on 2025-08-07.

Exposure: $21.5M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.53x non accrual, 138d median

BlackRock TCP Capital Corp. · lender BlackRock Direct Lending Corp. · lender Tenex Capital Management, L.P. · sponsor

Credit Attention / portfolio monitorJun 30, 2025 · seen 4 days ago

#3IntensifiedSignalPrivate creditCredit deterioration (intensified)

Suited Connector, LLC: lender marks fell to 38 cents across 2 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2023-09-30 quarter end, readable when the filing landed on 2023-11-02.

Exposure: $19.4M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.53x non accrual, 138d median

BlackRock TCP Capital Corp. · lender BlackRock Direct Lending Corp. · lender Tenex Capital Management, L.P. · sponsor

Credit Attention / portfolio monitorSep 30, 2023 · seen 4 days ago

#4NewSignalPrivate creditCredit deterioration

Suited Connector, LLC: lender marks fell to 40 cents across 2 BDC lenders

State NEW at the 2025-03-31 quarter end, readable when the filing landed on 2025-05-08.

Exposure: $21.3M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.38x non accrual, 139d median

BlackRock TCP Capital Corp. · lender BlackRock Direct Lending Corp. · lender Tenex Capital Management, L.P. · sponsor

Credit Attention / portfolio monitorMar 31, 2025 · seen 4 days ago

#5NewSignalPrivate creditCredit deterioration

Suited Connector, LLC: lender marks fell to 64 cents across 2 BDC lenders

State NEW at the 2023-03-31 quarter end, readable when the filing landed on 2023-05-04.

Exposure: $19.3M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.38x non accrual, 139d median

BlackRock TCP Capital Corp. · lender BlackRock Direct Lending Corp. · lender Tenex Capital Management, L.P. · sponsor

Credit Attention / portfolio monitorMar 31, 2023 · seen 4 days ago

#6NewSignalPrivate creditCredit deterioration

Suited Connector, LLC: lender marks fell to 16 cents across 2 BDC lenders

State NEW at the 2025-12-31 quarter end, readable when the filing landed on 2026-08-06.

Exposure: $21.8M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 2.38x non accrual, 139d median

BlackRock TCP Capital Corp. · lender BlackRock Direct Lending Corp. · lender Tenex Capital Management, L.P. · sponsor

Credit Attention / portfolio monitorDec 31, 2025 · seen 4 days ago

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Private Equityidentity

Suited Connector

name equal multitoken · confidence 50% · family precision 100%

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Lenders: 4
BDCs: 3
Facilities: 9
Principal, latest: $2.8Mpieces as filed; a lower bound
Fair value, latest: $7.2M
Mark ratio: 100%fair value over cost, latest
Next maturity: Mar 29, 2030
First on a schedule: Dec 31, 2022
Last on a schedule: Jun 30, 2026

Facilities

one facility is one borrower, one kind and one lien; its size is the sum of the BDC pieces the tape can see, a lower bound, never the commitment

Kind	Lien	Size, lower bound	Fair value	Maturity	Maturity basis	Spread	PIK	Lenders	BDCs	Status	Last seen
Term loan	First lien	$2.6M	$4.6M	Mar 31, 2030	Xbrl fact	0	0	2	3	Unknown	Jun 30, 2026
Delayed draw	First lien	$206,476	$368,435	Mar 29, 2030	Xbrl fact	0	n/a	2	3	Unknown	Jun 30, 2026
Common equity	equity	n/a	$155	n/a	n/a	n/a	n/a	3	3	Unknown	Jun 30, 2026
preferred	equity	n/a	$2.3M	n/a	n/a	n/a	n/a	3	3	Unknown	Jun 30, 2026
Term loan	Second lien	$23.6M	$1.5M	Jun 1, 2028	Xbrl fact	n/a	0	1	1	Unknown	Dec 31, 2025
revolver	unknown	$1.2M	$381,683	Dec 1, 2027	Xbrl fact	0	0	2	2	Unknown	Dec 31, 2025
revolver	First lien	$233,755	$153,343	Dec 1, 2027	Xbrl fact	n/a	0	1	1	Unknown	Dec 31, 2023
other	unknown	n/a	$4.5M	n/a	n/a	n/a	n/a	1	1	Unknown	Mar 31, 2025
warrant	equity	n/a	n/a	n/a	n/a	n/a	n/a	1	1	Unknown	Mar 31, 2023

Lenders holding it now

each BDC's own pieces on its latest schedule, folded to one row per lender; every amount is that BDC's piece as filed, so a sum is a lower bound; 18 rows folded into 4

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
BlackRock TCP Capital Corp.	8	$2.2M	$4.7M	$0	Mar 29, 2030	Jun 30, 2026
BlackRock Capital Investment Corp	2	$1.7M	$1.1M	$0	Dec 1, 2027	Dec 31, 2023
BlackRock Direct Lending Corp.	6	$597,419	$640,709	$0	Mar 29, 2030	Jun 30, 2026
FIDUS INVESTMENT Corp	2	$0	$1.9M	$0	n/a	Jun 30, 2026

Relationships

No published relationship touches this entity yet.

Dated events

15 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Jun 30, 2026
PIK interest added
Suited Connector, LLC term loan: PIK interest of 6.00% appears (was cash pay)
BDC schedule of investments
$2.6M
Occurred
Jun 30, 2026
PIK interest added
BlackRock TCP Capital Corp.: pik added in Suited Connector, LLC (0.00% to 6.00%)
BDC schedule of investmentsobserved 1 months ago
0.06 usd
Occurred
Mar 31, 2026
Coupon changed
Suited Connector, LLC term loan: spread moved from 0.00% to 6.00%
BDC schedule of investments
$2.5M
Occurred
Mar 31, 2026
Spread increased
BlackRock Direct Lending Corp.: spread increased in Suited Connector, LLC (0.00% to 6.00%)
BDC schedule of investmentsobserved 4 months ago
0.06 usd
Occurred
Mar 31, 2026
Mark recovered
BlackRock TCP Capital Corp.: fair value recovery in Suited Connector, LLC (33 to 100 cents on cost)
BDC schedule of investmentsobserved 4 months ago
1 usd
Occurred
Mar 31, 2026
Mark recovered
BlackRock Direct Lending Corp.: fair value recovery in Suited Connector, LLC (32 to 100 cents on cost)
BDC schedule of investmentsobserved 4 months ago
1 usd
Occurred
Mar 31, 2026
Maturity extended
BlackRock Direct Lending Corp.: maturity extended in Suited Connector, LLC (2027-12-01 to 2030-03-31)
BDC schedule of investmentsobserved 4 months ago
Occurred
Dec 31, 2025
Maturity extended
Suited Connector, LLC delayed draw: maturity moved from 2027-12-01 to 2030-03-29
BDC schedule of investments
Occurred
Dec 31, 2025
Maturity extended
Suited Connector, LLC term loan: maturity moved from 2027-12-01 to 2030-03-31
BDC schedule of investments
$7.9M
Occurred
Dec 31, 2025
Borrower left every BDC schedule
Suited Connector, LLC term loan (second lien) left every BDC schedule after 2025-12-31 (1 lender, $23.6M last held)
BDC schedule of investments
$23.6M
Occurred
Dec 31, 2025
Borrower left every BDC schedule
Suited Connector, LLC revolver (unknown) left every BDC schedule after 2025-12-31 (2 lenders, $1.2M last held)
BDC schedule of investments
$1.2M
Occurred
Dec 31, 2025
Marked down across lenders
Suited Connector, LLC term loan: marked from 72 to 33 cents on cost across 2 lender(s)
BDC schedule of investments
$7.9M
Occurred
Dec 31, 2025
PIK interest increased
Suited Connector, LLC term loan: PIK interest rose from 4.20% to 7.20%
BDC schedule of investments
$7.9M
Occurred
Dec 31, 2025
Marked down across lenders
Suited Connector, LLC revolver: marked from 72 to 33 cents on cost across 2 lender(s)
BDC schedule of investments
$1.2M
Occurred
Dec 31, 2025
PIK interest increased
Suited Connector, LLC revolver: PIK interest rose from 4.20% to 7.20%
BDC schedule of investments
$1.2M
Occurred
Dec 31, 2025
Marked down by a BDC
BlackRock TCP Capital Corp.: fair value markdown in Suited Connector, LLC (73 to 33 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.333249750191956 usd
Occurred
Dec 31, 2025
Maturity extended
BlackRock TCP Capital Corp.: maturity extended in Suited Connector, LLC (2027-12-01 to 2030-03-31)
BDC schedule of investmentsobserved 1 months ago
Occurred
Dec 31, 2025
Marked down by a BDC
BlackRock TCP Capital Corp.: fair value markdown in Suited Connector, LLC (73 to 33 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.334442967414739 usd
Occurred
Dec 31, 2025
Marked down by a BDC
BlackRock Direct Lending Corp.: fair value markdown in Suited Connector, LLC (70 to 32 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.318920615728038 usd
Occurred
Dec 31, 2025
Marked down by a BDC
BlackRock Direct Lending Corp.: fair value markdown in Suited Connector, LLC (70 to 32 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.318236660753904 usd
Occurred
Dec 31, 2025
PIK interest increased
BlackRock TCP Capital Corp.: pik increased in Suited Connector, LLC (4.20% to 7.20%)
BDC schedule of investmentsobserved 1 months ago
0.072 usd
Occurred
Dec 31, 2025
PIK interest increased
BlackRock TCP Capital Corp.: pik increased in Suited Connector, LLC (4.20% to 7.20%)
BDC schedule of investmentsobserved 1 months ago
0.072 usd
Occurred
Sep 30, 2025
PIK interest increased
Suited Connector, LLC term loan: PIK interest rose from 1.00% to 4.20%
BDC schedule of investments
$7.7M
Occurred
Sep 30, 2025
PIK interest increased
Suited Connector, LLC revolver: PIK interest rose from 1.00% to 4.20%
BDC schedule of investments
$1.2M
Occurred
Sep 30, 2025
PIK interest increased
BlackRock Direct Lending Corp.: pik increased in Suited Connector, LLC (1.00% to 3.20%)
BDC schedule of investmentsobserved 10 months ago
0.032 usd

Show 15 bookkeeping events

Occurred
Jun 30, 2026
BlackRock Direct Lending Corp.: new position in Suited Connector, LLC ($.0M principal)
Occurred
Mar 31, 2026
Suited Connector, LLC term loan: marked from 33 to 100 cents on cost
Occurred
Mar 31, 2026
BlackRock Direct Lending Corp.: new position in Suited Connector, LLC
Occurred
Mar 31, 2026
FIDUS INVESTMENT Corp: position exited in Suited Connector, LLC ($23.6M principal)
Occurred
Mar 31, 2026
BlackRock Direct Lending Corp.: position exited in Suited Connector, LLC ($.3M principal)
Occurred
Mar 31, 2026
BlackRock Direct Lending Corp.: new position in Suited Connector, LLC
Occurred
Mar 31, 2026
BlackRock TCP Capital Corp.: position exited in Suited Connector, LLC ($.9M principal)
Occurred
Mar 31, 2026
BlackRock Direct Lending Corp.: principal decreased in Suited Connector, LLC ($.5M principal)
Occurred
Mar 31, 2026
FIDUS INVESTMENT Corp: new position in Suited Connector, LLC
Occurred
Mar 31, 2026
BlackRock TCP Capital Corp.: principal decreased in Suited Connector, LLC ($2.0M principal)
Occurred
Dec 31, 2025
FIDUS INVESTMENT Corp: principal increased in Suited Connector, LLC ($23.6M principal)
Occurred
Dec 31, 2025
BlackRock TCP Capital Corp.: new position in Suited Connector, LLC
Occurred
Dec 31, 2025
BlackRock TCP Capital Corp.: new position in Suited Connector, LLC
Occurred
Dec 31, 2025
FIDUS INVESTMENT Corp: new position in Suited Connector, LLC
Occurred
Dec 31, 2025
BlackRock TCP Capital Corp.: new position in Suited Connector, LLC

Provenance

Graph: Private Credit
Canonical id: dfx:pc:aee660d2-eba7-6e67-6254-54022955a23a
First observed: Dec 31, 2022
Last observed: Jun 30, 2026 2 months ago
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

Suited Connector, LLC

Private Credit

Search this name across graphsid dfx:pc:aee660d2-eba7-6e67-6254-54022955a23a

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

First lien

$2.6M

$4.6M

Mar 31, 2030

Xbrl fact

Unknown

Jun 30, 2026

Delayed draw

First lien

$206,476

$368,435

Mar 29, 2030

Xbrl fact

n/a

Unknown

Jun 30, 2026

Common equity

equity

n/a

$155

n/a

Unknown

Jun 30, 2026

preferred

equity

n/a

$2.3M

n/a

Unknown

Jun 30, 2026

Term loan

Second lien

$23.6M

$1.5M

Jun 1, 2028

Xbrl fact

n/a

Unknown

Dec 31, 2025

revolver

unknown

$1.2M

$381,683

Dec 1, 2027

Xbrl fact

Unknown

Dec 31, 2025

revolver

First lien

$233,755

$153,343

Dec 1, 2027

Xbrl fact

n/a

Unknown

Dec 31, 2023

other

unknown

n/a

$4.5M

n/a

Unknown

Mar 31, 2025

warrant

equity

n/a

Unknown

Mar 31, 2023

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

BlackRock TCP Capital Corp.

$2.2M

$4.7M

Mar 29, 2030

Jun 30, 2026

BlackRock Capital Investment Corp

$1.7M

$1.1M

Dec 1, 2027

Dec 31, 2023

BlackRock Direct Lending Corp.

$597,419

$640,709

Mar 29, 2030

Jun 30, 2026

FIDUS INVESTMENT Corp

$1.9M

n/a

Jun 30, 2026