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ADG, LLC

Private Credit

Search this name across graphsid dfx:pc:d17da907-bfdb-6bff-1f6c-5cb47855b91c

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 18, 2026, 10:36 PM UTC and rebuilt at most every 15 minutes.

Relationships: 0
Dated events: 40
On other graphs: 0
Observed: Dec 31, 2021 to Jun 30, 2026
4 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: 2
BDCs: 1
Facilities: 5
Principal, latest: $73.9Mpieces as filed; a lower bound
Fair value, latest: $31.5M
Mark ratio: 45%fair value over cost, latest
Next maturity: Sep 1, 2026
Maturing inside 12 months: $73.9Mtagged maturities only
First on a schedule: Dec 31, 2021
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	Second lien	$58.1M	$15.7M	Mar 1, 2027	Html schedule	n/a	n/a	1	2	Unknown	Jun 30, 2026
Term loan	First lien	$15.8M	$15.8M	Sep 1, 2026	Html schedule	0	0	1	2	Unknown	Jun 30, 2026
Common equity	equity	n/a	$0	n/a	n/a	n/a	n/a	1	1	Unknown	Jun 30, 2026
other	unknown	n/a	n/a	n/a	n/a	n/a	n/a	1	1	Unknown	Jun 30, 2026
revolver	First lien	$14.8M	$14.8M	Sep 1, 2026	Html schedule	0	0	1	1	Unknown	Jun 30, 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; 5 rows folded into 2

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
ARES CAPITAL CORP	4	$73.9M	$31.5M	$0	Sep 1, 2026	Jun 30, 2026
New Mountain Finance Corp	1	$18.3M	$13.6M	$0	Sep 1, 2026	Jun 30, 2026

Relationships

No published relationship touches this entity yet.

Dated events

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

Scheduled
Mar 1, 2027
Facility matures inside 24 months
ADG, LLC term loan (second lien) matures 2027-03-01 (inside 12 months; $58.1M held by 2 BDCs)
BDC schedule of investments
$58.1M
Scheduled
Mar 1, 2027
Facility matures inside 24 months
ADG, LLC term loan (second lien) matures 2027-03-01 (inside 18 months; $58.1M held by 2 BDCs)
BDC schedule of investments
$58.1M
Scheduled
Mar 1, 2027
Facility matures inside 24 months
ADG, LLC term loan (second lien) matures 2027-03-01 (inside 24 months; $58.1M held by 2 BDCs)
BDC schedule of investments
$58.1M
Scheduled
Sep 1, 2026
Facility matures inside 24 months
ADG, LLC term loan (first lien) matures 2026-09-01 (inside 12 months; $15.8M held by 2 BDCs)
BDC schedule of investments
$15.8M
Scheduled
Sep 1, 2026
Facility matures inside 24 months
ADG, LLC term loan (first lien) matures 2026-09-01 (inside 18 months; $15.8M held by 2 BDCs)
BDC schedule of investments
$15.8M
Scheduled
Sep 1, 2026
Facility matures inside 24 months
ADG, LLC term loan (first lien) matures 2026-09-01 (inside 24 months; $15.8M held by 2 BDCs)
BDC schedule of investments
$15.8M
Occurred
Jun 30, 2026
Marked down across lenders
ADG, LLC term loan: marked from 56 to 29 cents on cost across 1 lender(s)
BDC schedule of investments
$58.1M
Occurred
Jun 30, 2026
Marked down by a BDC
ARES CAPITAL CORP: fair value markdown in ADG, LLC (56 to 29 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.289667896678967 usd
Occurred
Mar 31, 2026
Marked down across lenders
ADG, LLC term loan: marked from 86 to 56 cents on cost across 1 lender(s)
BDC schedule of investments
$54.2M
Occurred
Mar 31, 2026
Marked down by a BDC
ARES CAPITAL CORP: fair value markdown in ADG, LLC (86 to 56 cents on cost)
BDC schedule of investmentsobserved 4 months ago
0.564796905222437 usd
Occurred
Sep 30, 2025
Marked down across lenders
ADG, LLC term loan: marked from 100 to 91 cents on cost across 1 lender(s)
BDC schedule of investments
$49.7M
Occurred
Sep 30, 2025
Marked down by a BDC
ARES CAPITAL CORP: fair value markdown in ADG, LLC (100 to 91 cents on cost)
BDC schedule of investmentsobserved 10 months ago
0.909456740442656 usd
Occurred
Jun 30, 2024
Coupon changed
ADG, LLC term loan: spread moved from 4.00% to 7.00%
BDC schedule of investments
$15.2M
Occurred
Jun 30, 2024
Spread increased
ARES CAPITAL CORP: spread increased in ADG, LLC (4.00% to 7.00%)
BDC schedule of investmentsobserved 2.1 years ago
0.07 usd
Occurred
Sep 30, 2023
PIK interest added
ADG, LLC term loan: PIK interest of 10.00% appears (was cash pay)
BDC schedule of investments
$31.1M
Occurred
Sep 30, 2023
Mark recovered
ADG, LLC term loan: marked from 83 to 100 cents on cost
BDC schedule of investments
$14.9M
Occurred
Sep 30, 2023
Maturity extended
ADG, LLC term loan: maturity moved from 2023-09-01 to 2026-09-01
BDC schedule of investments
$14.9M
Occurred
Sep 30, 2023
PIK interest added
ARES CAPITAL CORP: pik added in ADG, LLC (0.00% to 10.00%)
BDC schedule of investmentsobserved 2.9 years ago
0.1 usd
Occurred
Jun 30, 2023
Borrower left every BDC schedule
ADG, LLC revolver (first lien) left every BDC schedule after 2023-06-30 (1 lender, $14.8M last held)
BDC schedule of investments
$14.8M
Occurred
Jun 30, 2023
Mark recovered
ADG, LLC term loan: marked from 49 to 100 cents on cost
BDC schedule of investments
$30.4M
Occurred
Jun 30, 2023
Maturity extended
ADG, LLC term loan: maturity moved from 2024-03-01 to 2027-03-01
BDC schedule of investments
$30.4M
Occurred
Jun 30, 2023
Mark recovered
ADG, LLC revolver: marked from 83 to 100 cents on cost
BDC schedule of investments
$14.8M
Occurred
Jun 30, 2023
Maturity extended
ADG, LLC revolver: maturity moved from 2023-09-01 to 2026-09-01
BDC schedule of investments
$14.8M
Occurred
Jun 30, 2023
PIK interest increased
ADG, LLC revolver: PIK interest rose from 0.51% to 12.50%
BDC schedule of investments
$14.8M
Occurred
Jun 30, 2023
Maturity extended
ARES CAPITAL CORP: maturity extended in ADG, LLC (2023-09-01 to 2026-09-01)
BDC schedule of investmentsobserved 3.2 years ago
Occurred
Jun 30, 2023
Mark recovered
ARES CAPITAL CORP: fair value recovery in ADG, LLC (83 to 100 cents on cost)
BDC schedule of investmentsobserved 3.2 years ago
1 usd
Occurred
Jun 30, 2023
Maturity extended
ARES CAPITAL CORP: maturity extended in ADG, LLC (2024-03-01 to 2027-03-01)
BDC schedule of investmentsobserved 3.2 years ago
Occurred
Jun 30, 2023
Mark recovered
ARES CAPITAL CORP: fair value recovery in ADG, LLC (50 to 100 cents on cost)
BDC schedule of investmentsobserved 3.2 years ago
1 usd
Occurred
Jun 30, 2023
PIK interest increased
ARES CAPITAL CORP: pik increased in ADG, LLC (0.51% to 12.50%)
BDC schedule of investmentsobserved 3.2 years ago
0.125 usd

Show 11 bookkeeping events

Occurred
Jun 30, 2026
ARES CAPITAL CORP: principal increased in ADG, LLC ($58.1M principal)
Occurred
Mar 31, 2026
ARES CAPITAL CORP: principal increased in ADG, LLC ($54.2M principal)
Occurred
Jun 30, 2025
ARES CAPITAL CORP: principal increased in ADG, LLC ($48.4M principal)
Occurred
Dec 31, 2024
ARES CAPITAL CORP: principal increased in ADG, LLC ($43.4M principal)
Occurred
Mar 31, 2024
ARES CAPITAL CORP: principal increased in ADG, LLC ($36.8M principal)
Occurred
Sep 30, 2023
ARES CAPITAL CORP: position exited in ADG, LLC ($14.8M principal)
Occurred
Sep 30, 2023
ARES CAPITAL CORP: new position in ADG, LLC ($14.9M principal)
Occurred
Jun 30, 2023
New Mountain Finance Corp: position exited in ADG, LLC ($.7M principal)
Occurred
Jun 30, 2023
ARES CAPITAL CORP: principal decreased in ADG, LLC ($30.4M principal)
Occurred
Jun 30, 2023
New Mountain Finance Corp: position exited in ADG, LLC ($7.4M principal)
Occurred
Jun 30, 2023
ARES CAPITAL CORP: principal increased in ADG, LLC ($14.8M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:d17da907-bfdb-6bff-1f6c-5cb47855b91c
First observed: Dec 31, 2021
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.

ADG, LLC

Private Credit

Search this name across graphsid dfx:pc:d17da907-bfdb-6bff-1f6c-5cb47855b91c

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

Second lien

$58.1M

$15.7M

Mar 1, 2027

Html schedule

n/a

Unknown

Jun 30, 2026

Term loan

First lien

$15.8M

Sep 1, 2026

Html schedule

Unknown

Jun 30, 2026

Common equity

equity

n/a

Unknown

Jun 30, 2026

other

unknown

n/a

Unknown

Jun 30, 2026

revolver

First lien

$14.8M

Sep 1, 2026

Html schedule

Unknown

Jun 30, 2023

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

ARES CAPITAL CORP

$73.9M

$31.5M

Sep 1, 2026

Jun 30, 2026

New Mountain Finance Corp

$18.3M

$13.6M

Sep 1, 2026

Jun 30, 2026