DFX Intelligence

Data Factory

Private creditBorrowersoftwareaunknown

NC Topco, LLC

Private Credit

Search this name across graphsid dfx:pc:b5512413-45d0-c230-0ece-7be6b63d5b0d

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 19, 2026, 5:26 AM UTC and rebuilt at most every 15 minutes.

Relationships: 0
Dated events: 40
On other graphs: 0
Observed: Sep 30, 2024 to Jun 30, 2026
29 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

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

Lenders: 11
BDCs: 10
Facilities: 3
Principal, latest: $226Mpieces as filed; a lower bound
Fair value, latest: $207M
Mark ratio: 100%fair value over cost, latest
Next maturity: Aug 29, 2031
First on a schedule: Sep 30, 2024
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	PIK	Lenders	BDCs	Status	Last seen
Term loan	First lien	$223M	$203M	Sep 2, 2031	Xbrl fact	n/a	10	11	Unknown	Jun 30, 2026
Delayed draw	First lien	$3.6M	$3.6M	Aug 29, 2031	Xbrl fact	n/a	2	2	Unknown	Jun 30, 2026
revolver	First lien	$0	$0	Sep 1, 2031	Xbrl fact	n/a	2	2	Unknown	Jun 30, 2026

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; 32 rows folded into 11

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
Goldman Sachs Private Credit Corp.	3	$78.0M	$70.7M	$0	Sep 2, 2031	Jun 30, 2026
New Mountain Guardian IV BDC, L.L.C.	3	$42.7M	$38.7M	$0	Sep 1, 2031	Jun 30, 2026
Goldman Sachs BDC, Inc.	3	$35.3M	$32.0M	$0	Sep 2, 2031	Jun 30, 2026
Phillip Street BDC LLC	3	$22.4M	$20.3M	$0	Sep 2, 2031	Jun 30, 2026
Goldman Sachs Middle Market Lending Corp. II	3	$21.3M	$15.1M	$0	Sep 1, 2031	Jun 30, 2025
AB Private Credit Investors Corp	3	$14.5M	$14.5M	$0	Aug 29, 2031	Jun 30, 2026
New Mountain Private Credit Fund	3	$13.6M	$12.3M	$0	Sep 1, 2031	Jun 30, 2026
New Mountain Guardian IV Income Fund, L.L.C.	4	$9.9M	$9.0M	$0	n/a	Jun 30, 2026
New Mountain Finance Corp	3	$8.2M	$7.4M	$0	Sep 1, 2031	Jun 30, 2026
AB Private Lending Fund	3	$1.7M	$1.7M	$0	Aug 29, 2031	Jun 30, 2026
NMF SLF I, Inc.	1	$0	$23,000	$0	Sep 1, 2031	Jun 30, 2026

Relationships

No published relationship touches this entity yet.

Dated events

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

Occurred
Mar 31, 2026
Spread increased
AB Private Lending Fund: spread increased in NC Topco, LLC (2.50% to 4.75%)
BDC schedule of investmentsobserved 4 months ago
0.0475 usd
Occurred
Dec 31, 2025
Coupon changed
NC Topco, LLC delayed draw: spread moved from 2.50% to 4.50%
BDC schedule of investments
0 usd
Occurred
Dec 31, 2025
Spread increased
AB Private Credit Investors Corp: spread increased in NC Topco, LLC (2.50% to 4.50%)
BDC schedule of investmentsobserved 1 months ago
0.045 usd
Occurred
Dec 31, 2025
BDC joined a facility
New Mountain Private Credit Fund joins NC Topco, LLC term loan (first lien) held by 10 other BDCs
BDC schedule of investments
$13.6M
Occurred
Jun 30, 2025
Coupon changed
NC Topco, LLC revolver: spread moved from 2.50% to 4.50%
BDC schedule of investments
0 usd
Occurred
Jun 30, 2025
Coupon changed
NC Topco, LLC term loan: spread moved from 2.50% to 4.50%
BDC schedule of investments
$252M
Occurred
Jun 30, 2025
Spread increased
AB Private Lending Fund: spread increased in NC Topco, LLC (2.50% to 4.50%)
BDC schedule of investmentsobserved 1.1 years ago
0.045 usd
Occurred
Jun 30, 2025
Spread increased
New Mountain Guardian IV BDC, L.L.C.: spread increased in NC Topco, LLC (2.50% to 4.50%)
BDC schedule of investmentsobserved 1.1 years ago
0.045 usd
Occurred
Jun 30, 2025
Spread increased
NMF SLF I, Inc.: spread increased in NC Topco, LLC (2.50% to 4.50%)
BDC schedule of investmentsobserved 1.1 years ago
0.045 usd
Occurred
Jun 30, 2025
Spread increased
AB Private Credit Investors Corp: spread increased in NC Topco, LLC (2.50% to 4.50%)
BDC schedule of investmentsobserved 1.1 years ago
0.045 usd
Occurred
Jun 30, 2025
Spread increased
AB Private Credit Investors Corp: spread increased in NC Topco, LLC (2.50% to 4.50%)
BDC schedule of investmentsobserved 1.1 years ago
0.045 usd
Occurred
Jun 30, 2025
Spread increased
New Mountain Finance Corp: spread increased in NC Topco, LLC (2.50% to 4.50%)
BDC schedule of investmentsobserved 1.1 years ago
0.045 usd
Occurred
Jun 30, 2025
Spread increased
New Mountain Guardian IV Income Fund, L.L.C.: spread increased in NC Topco, LLC (2.50% to 4.50%)
BDC schedule of investmentsobserved 1.1 years ago
0.045 usd
Occurred
Jun 30, 2025
BDC joined a facility
Goldman Sachs Middle Market Lending Corp. II joins NC Topco, LLC term loan (first lien) held by 10 other BDCs
BDC schedule of investments
$21.3M
Occurred
Jun 30, 2025
BDC joined a facility
Goldman Sachs BDC, Inc. joins NC Topco, LLC term loan (first lien) held by 10 other BDCs
BDC schedule of investments
$35.3M
Occurred
Jun 30, 2025
BDC joined a facility
Phillip Street BDC LLC joins NC Topco, LLC term loan (first lien) held by 10 other BDCs
BDC schedule of investments
$22.4M
Occurred
Jun 30, 2025
BDC joined a facility
Goldman Sachs Private Credit Corp. joins NC Topco, LLC term loan (first lien) held by 10 other BDCs
BDC schedule of investments
$78.0M
Occurred
Jun 30, 2025
Spread increased
AB Private Lending Fund: spread increased in NC Topco, LLC (2.50% to 4.50%)
BDC schedule of investmentsobserved 1.1 years ago
0.045 usd

Show 22 bookkeeping events

Occurred
Jun 30, 2026
New Mountain Guardian IV Income Fund, L.L.C.: principal increased in NC Topco, LLC ($9.9M principal)
Occurred
Jun 30, 2026
Phillip Street BDC LLC: principal increased in NC Topco, LLC ($22.4M principal)
Occurred
Mar 31, 2026
AB Private Lending Fund: principal increased in NC Topco, LLC ($.4M principal)
Occurred
Mar 31, 2026
AB Private Credit Investors Corp: principal decreased in NC Topco, LLC ($11.3M principal)
Occurred
Mar 31, 2026
AB Private Credit Investors Corp: principal increased in NC Topco, LLC ($3.2M principal)
Occurred
Mar 31, 2026
New Mountain Private Credit Fund: principal decreased in NC Topco, LLC ($13.6M principal)
Occurred
Mar 31, 2026
New Mountain Guardian IV Income Fund, L.L.C.: principal decreased in NC Topco, LLC ($.8M principal)
Occurred
Mar 31, 2026
Goldman Sachs Private Credit Corp.: principal decreased in NC Topco, LLC ($78.2M principal)
Occurred
Mar 31, 2026
Phillip Street BDC LLC: principal decreased in NC Topco, LLC ($.0M principal)
Occurred
Dec 31, 2025
New Mountain Guardian IV Income Fund, L.L.C.: principal increased in NC Topco, LLC ($20.0M principal)
Occurred
Dec 31, 2025
Goldman Sachs BDC, Inc.: principal decreased in NC Topco, LLC ($35.4M principal)
Occurred
Dec 31, 2025
New Mountain Private Credit Fund: new position in NC Topco, LLC ($27.3M principal)
Occurred
Dec 31, 2025
Goldman Sachs Private Credit Corp.: principal increased in NC Topco, LLC ($156.6M principal)
Occurred
Dec 31, 2025
AB Private Credit Investors Corp: principal increased in NC Topco, LLC ($22.6M principal)
Occurred
Dec 31, 2025
NMF SLF I, Inc.: principal decreased in NC Topco, LLC ($25.4M principal)
Occurred
Jun 30, 2025
Goldman Sachs Middle Market Lending Corp. II: new position in NC Topco, LLC ($21.3M principal)
Occurred
Jun 30, 2025
Goldman Sachs BDC, Inc.: new position in NC Topco, LLC ($50.6M principal)
Occurred
Jun 30, 2025
Phillip Street BDC LLC: new position in NC Topco, LLC ($22.6M principal)
Occurred
Jun 30, 2025
Goldman Sachs Private Credit Corp.: new position in NC Topco, LLC ($57.3M principal)
Occurred
Mar 31, 2025
New Mountain Finance Corp: principal decreased in NC Topco, LLC ($8.2M principal)
Occurred
Mar 31, 2025
New Mountain Guardian IV BDC, L.L.C.: principal decreased in NC Topco, LLC ($42.9M principal)
Occurred
Mar 31, 2025
New Mountain Guardian IV Income Fund, L.L.C.: principal decreased in NC Topco, LLC ($10.0M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:b5512413-45d0-c230-0ece-7be6b63d5b0d
First observed: Sep 30, 2024
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.

NC Topco, LLC

Private Credit

Search this name across graphsid dfx:pc:b5512413-45d0-c230-0ece-7be6b63d5b0d

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

First lien

$223M

$203M

Sep 2, 2031

Xbrl fact

n/a

Unknown

Jun 30, 2026

Delayed draw

First lien

$3.6M

Aug 29, 2031

Xbrl fact

n/a

Unknown

Jun 30, 2026

revolver

First lien

Sep 1, 2031

Xbrl fact

n/a

Unknown

Jun 30, 2026

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

Goldman Sachs Private Credit Corp.

$78.0M

$70.7M

Sep 2, 2031

Jun 30, 2026

New Mountain Guardian IV BDC, L.L.C.

$42.7M

$38.7M

Sep 1, 2031

Jun 30, 2026

Goldman Sachs BDC, Inc.

$35.3M

$32.0M

Sep 2, 2031

Jun 30, 2026

Phillip Street BDC LLC

$22.4M

$20.3M

Sep 2, 2031

Jun 30, 2026

Goldman Sachs Middle Market Lending Corp. II

$21.3M

$15.1M

Sep 1, 2031

Jun 30, 2025

AB Private Credit Investors Corp

$14.5M

Aug 29, 2031

Jun 30, 2026

New Mountain Private Credit Fund

$13.6M

$12.3M

Sep 1, 2031

Jun 30, 2026

New Mountain Guardian IV Income Fund, L.L.C.

$9.9M

$9.0M

n/a

Jun 30, 2026

New Mountain Finance Corp

$8.2M

$7.4M

Sep 1, 2031

Jun 30, 2026

AB Private Lending Fund

$1.7M

Aug 29, 2031

Jun 30, 2026

NMF SLF I, Inc.

$23,000

Sep 1, 2031

Jun 30, 2026