DFX Intelligence

Data Factory

Private creditBorrowerservices: businessaunknown

Pave America Holding, LLC

sponsor (inference, pe portfolio stem): AEA Qp Advisers LLC

Search this name across graphsid dfx:pc:bedc7a30-c814-4ef9-f74d-766d006edd30

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, 10:55 PM UTC and rebuilt at most every 15 minutes.

Relationships: 3
Dated events: 40
On other graphs: 1
Observed: Mar 31, 2023 to Jun 30, 2026
28 observations

Across DFX

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

Private Equityidentity

Pave America

name equal in sponsor portfolio · confidence 95% · family precision 100%

Facts

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

Lenders: 10
BDCs: 7
Facilities: 6
Principal, latest: $229Mpieces as filed; a lower bound
Fair value, latest: $221M
Mark ratio: 101%fair value over cost, latest
Next maturity: Aug 1, 2032
First on a schedule: Mar 31, 2023
Last on a schedule: Jun 30, 2026
Sponsor basis: pe_portfolio_steminferencedeal party is a fact; a portfolio stem or a Form D signer is an inference

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
other	unknown	$122M	$122M	Aug 27, 2032	Html schedule	0	0	4	8	Unknown	Jun 30, 2026
Term loan	First lien	$98.1M	$90.5M	Aug 27, 2032	Xbrl fact	0	0	5	6	Unknown	Jun 30, 2026
revolver	First lien	$7.5M	$7.4M	Aug 27, 2032	Xbrl fact	0	n/a	3	4	Unknown	Jun 30, 2026
Delayed draw	First lien	$1.6M	$1.6M	Aug 27, 2032	Xbrl fact	0	n/a	1	2	Unknown	Jun 30, 2026
Delayed draw	unknown	n/a	n/a	n/a	n/a	n/a	n/a	4	4	Unknown	Jun 30, 2026
revolver	unknown	n/a	n/a	n/a	n/a	n/a	n/a	4	4	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; 28 rows folded into 7

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
Blackstone Private Credit Fund	5	$103M	$103M	$23.7M	Aug 27, 2032	Jun 30, 2026
T. Rowe Price OHA Select Private Credit Fund	5	$35.1M	$28.3M	$6.6M	Aug 27, 2032	Jun 30, 2026
ARES CAPITAL CORP	3	$30.2M	$30.2M	$7.3M	Aug 1, 2032	Jun 30, 2026
ARES STRATEGIC INCOME FUND	3	$25.4M	$25.4M	$6.1M	Aug 1, 2032	Jun 30, 2026
Blackstone Secured Lending Fund	4	$18.8M	$18.8M	$4.3M	Aug 27, 2032	Jun 30, 2026
Stepstone Private Credit Fund LLC	3	$12.3M	$12.2M	$0	Aug 27, 2032	Jun 30, 2026
OHA Senior Private Lending Fund (U) LLC	5	$4.2M	$3.4M	$793,000	n/a	Jun 30, 2026

Relationships

Sponsors (3)

← AEA Qp Advisers LLCSponsor of borrowersPE portfolio stem
Sep 13, 2026 to presentinferenceDFX's own graph
← AEA Investors Sbf LPSponsor of borrowersPE portfolio stem
Sep 15, 2026 to presentinferenceDFX's own graph
← Trivest Investment Advisors, LLCSponsor of borrowersPE portfolio stem
inferenceDFX's own graph

Dated events

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

Occurred
Mar 31, 2026
Spread increased
Stepstone Private Credit Fund LLC: spread increased in Pave America Holding, LLC (4.75% to 5.25%)
BDC schedule of investmentsobserved 4 months ago
0.0525 usd
Occurred
Mar 31, 2026
BDC left a facility
T. Rowe Price OHA Select Private Credit Fund no longer holds Pave America Holding, LLC other after 2026-03-31; 4 BDC(s) still hold it
BDC schedule of investments
$35.0M
Occurred
Mar 31, 2026
BDC left a facility
OHA Senior Private Lending Fund (U) LLC no longer holds Pave America Holding, LLC other after 2026-03-31; 4 BDC(s) still hold it
BDC schedule of investments
$4.2M
Occurred
Dec 31, 2025
PIK interest added
Pave America Holding, LLC delayed draw: PIK interest of 2.88% appears (was cash pay)
BDC schedule of investments
$956,000
Occurred
Dec 31, 2025
PIK interest added
Stepstone Private Credit Fund LLC: pik added in Pave America Holding, LLC (0.00% to 2.88%)
BDC schedule of investmentsobserved 4 months ago
0.0288 usd
Occurred
Dec 31, 2025
PIK interest added
OHA Senior Private Lending Fund (U) LLC: pik added in Pave America Holding, LLC (0.00% to 2.88%)
BDC schedule of investmentsobserved 4 months ago
0.0288 usd
Occurred
Dec 31, 2025
PIK interest added
Stepstone Private Credit Fund LLC: pik added in Pave America Holding, LLC (0.00% to 2.88%)
BDC schedule of investmentsobserved 4 months ago
0.0288 usd
Occurred
Dec 31, 2025
BDC joined a facility
T. Rowe Price OHA Select Private Credit Fund joins Pave America Holding, LLC term loan (first lien) held by 5 other BDCs
BDC schedule of investments
$35.1M
Occurred
Dec 31, 2025
BDC joined a facility
OHA Senior Private Lending Fund (U) LLC joins Pave America Holding, LLC term loan (first lien) held by 5 other BDCs
BDC schedule of investments
$4.2M

Show 31 bookkeeping events

Occurred
Jun 30, 2026
OHA Senior Private Lending Fund (U) LLC: new position in Pave America Holding, LLC
Occurred
Jun 30, 2026
T. Rowe Price OHA Select Private Credit Fund: position exited in Pave America Holding, LLC ($35.0M principal)
Occurred
Jun 30, 2026
ARES STRATEGIC INCOME FUND: principal increased in Pave America Holding, LLC ($2.9M principal)
Occurred
Jun 30, 2026
OHA Senior Private Lending Fund (U) LLC: position exited in Pave America Holding, LLC ($4.2M principal)
Occurred
Jun 30, 2026
Blackstone Secured Lending Fund: principal increased in Pave America Holding, LLC ($18.8M principal)
Occurred
Jun 30, 2026
ARES CAPITAL CORP: principal increased in Pave America Holding, LLC ($3.4M principal)
Occurred
Jun 30, 2026
Stepstone Private Credit Fund LLC: principal increased in Pave America Holding, LLC ($1.2M principal)
Occurred
Jun 30, 2026
OHA Senior Private Lending Fund (U) LLC: new position in Pave America Holding, LLC ($4.2M principal)
Occurred
Jun 30, 2026
ARES STRATEGIC INCOME FUND: principal increased in Pave America Holding, LLC ($22.5M principal)
Occurred
Jun 30, 2026
Blackstone Private Credit Fund: principal increased in Pave America Holding, LLC ($102.8M principal)
Occurred
Jun 30, 2026
Stepstone Private Credit Fund LLC: principal increased in Pave America Holding, LLC ($1.6M principal)
Occurred
Jun 30, 2026
ARES CAPITAL CORP: principal increased in Pave America Holding, LLC ($26.8M principal)
Occurred
Jun 30, 2026
T. Rowe Price OHA Select Private Credit Fund: new position in Pave America Holding, LLC ($35.1M principal)
Occurred
Mar 31, 2026
Stepstone Private Credit Fund LLC: principal decreased in Pave America Holding, LLC ($9.4M principal)
Occurred
Mar 31, 2026
Stepstone Private Credit Fund LLC: principal decreased in Pave America Holding, LLC ($.9M principal)
Occurred
Mar 31, 2026
T. Rowe Price OHA Select Private Credit Fund: position exited in Pave America Holding, LLC ($34.8M principal)
Occurred
Mar 31, 2026
ARES CAPITAL CORP: principal increased in Pave America Holding, LLC ($2.8M principal)
Occurred
Mar 31, 2026
OHA Senior Private Lending Fund (U) LLC: position exited in Pave America Holding, LLC ($4.2M principal)
Occurred
Mar 31, 2026
ARES STRATEGIC INCOME FUND: principal increased in Pave America Holding, LLC ($2.0M principal)
Occurred
Mar 31, 2026
OHA Senior Private Lending Fund (U) LLC: position exited in Pave America Holding, LLC
Occurred
Mar 31, 2026
Stepstone Private Credit Fund LLC: principal decreased in Pave America Holding, LLC ($1.0M principal)
Occurred
Dec 31, 2025
Stepstone Private Credit Fund LLC: principal increased in Pave America Holding, LLC ($1.5M principal)
Occurred
Dec 31, 2025
Stepstone Private Credit Fund LLC: principal increased in Pave America Holding, LLC ($18.8M principal)
Occurred
Dec 31, 2025
Stepstone Private Credit Fund LLC: principal increased in Pave America Holding, LLC ($1.0M principal)
Occurred
Dec 31, 2025
ARES STRATEGIC INCOME FUND: principal decreased in Pave America Holding, LLC ($1.7M principal)
Occurred
Dec 31, 2025
T. Rowe Price OHA Select Private Credit Fund: new position in Pave America Holding, LLC ($34.8M principal)
Occurred
Dec 31, 2025
ARES CAPITAL CORP: principal increased in Pave America Holding, LLC ($24.9M principal)
Occurred
Dec 31, 2025
ARES STRATEGIC INCOME FUND: principal increased in Pave America Holding, LLC ($21.0M principal)
Occurred
Dec 31, 2025
Blackstone Secured Lending Fund: principal increased in Pave America Holding, LLC ($16.9M principal)
Occurred
Dec 31, 2025
Blackstone Private Credit Fund: principal increased in Pave America Holding, LLC ($92.3M principal)
Occurred
Dec 31, 2025
ARES CAPITAL CORP: principal decreased in Pave America Holding, LLC ($2.0M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:bedc7a30-c814-4ef9-f74d-766d006edd30
First observed: Mar 31, 2023
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.

Pave America Holding, LLC

sponsor (inference, pe portfolio stem): AEA Qp Advisers LLC

Search this name across graphsid dfx:pc:bedc7a30-c814-4ef9-f74d-766d006edd30

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

other

unknown

$122M

Aug 27, 2032

Html schedule

Unknown

Jun 30, 2026

Term loan

First lien

$98.1M

$90.5M

Aug 27, 2032

Xbrl fact

Unknown

Jun 30, 2026

revolver

First lien

$7.5M

$7.4M

Aug 27, 2032

Xbrl fact

n/a

Unknown

Jun 30, 2026

Delayed draw

First lien

$1.6M

Aug 27, 2032

Xbrl fact

n/a

Unknown

Jun 30, 2026

Delayed draw

unknown

n/a

Unknown

Jun 30, 2026

revolver

unknown

n/a

Unknown

Jun 30, 2026

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

Blackstone Private Credit Fund

$103M

$23.7M

Aug 27, 2032

Jun 30, 2026

T. Rowe Price OHA Select Private Credit Fund

$35.1M

$28.3M

$6.6M

Aug 27, 2032

Jun 30, 2026

ARES CAPITAL CORP

$30.2M

$7.3M

Aug 1, 2032

Jun 30, 2026

ARES STRATEGIC INCOME FUND

$25.4M

$6.1M

Aug 1, 2032

Jun 30, 2026

Blackstone Secured Lending Fund

$18.8M

$4.3M

Aug 27, 2032

Jun 30, 2026

Stepstone Private Credit Fund LLC

$12.3M

$12.2M

Aug 27, 2032

Jun 30, 2026

OHA Senior Private Lending Fund (U) LLC

$4.2M

$3.4M

$793,000

n/a

Jun 30, 2026