DFX Intelligence

Data Factory

NEP Group

Private Credit

Search this name across graphsid dfx:pc:dfd75cac-7b85-1078-23ac-692e96890d21

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, 2:02 AM UTC and rebuilt at most every 15 minutes.

Relationships: 0
Dated events: 40
On other graphs: 0
Observed: Dec 31, 2022 to Jun 30, 2026
1 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: 7
BDCs: 1
Facilities: 3
Principal, latest: $27.5Mpieces as filed; a lower bound
Fair value, latest: $25.8M
Mark ratio: 96%fair value over cost, latest
Next maturity: Oct 1, 2031
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	PIK	Lenders	BDCs	Status	Last seen
Term loan	First lien	$27.5M	$25.8M	Oct 1, 2031	Html schedule	n/a	1	7	Unknown	Jun 30, 2026
Term loan	Second lien	$17.8M	$17.1M	Oct 19, 2026	Xbrl fact	n/a	2	3	Unknown	Sep 30, 2025
revolver	First lien	$4.4M	$4.2M	Aug 19, 2026	Xbrl fact	n/a	1	1	Unknown	Mar 31, 2024

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; 3 rows folded into 2

BDC	Pieces	Principal	Fair value	Unfunded	Nearest maturity	As of
ARES STRATEGIC INCOME FUND	1	$27.5M	$25.8M	$0	Oct 1, 2031	Jun 30, 2026
BlackRock Capital Investment Corp	2	$3.8M	$3.1M	$0	Aug 19, 2026	Dec 31, 2023

Relationships

No published relationship touches this entity yet.

Dated events

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

Occurred
Dec 31, 2025
Marked down across lenders
NEP Group term loan: marked from 102 to 94 cents on cost across 3 lender(s)
BDC schedule of investments
$51.0M
Occurred
Dec 31, 2025
Maturity extended
NEP Group term loan: maturity moved from 2026-08-01 to 2031-10-17
BDC schedule of investments
$51.0M
Occurred
Dec 31, 2025
BDC joined a facility
Oaktree Specialty Lending Corp joins NEP Group term loan (first lien) held by 6 other BDCs
BDC schedule of investments
$4.7M
Occurred
Dec 31, 2025
BDC joined a facility
Oaktree Strategic Credit Fund joins NEP Group term loan (first lien) held by 6 other BDCs
BDC schedule of investments
$18.8M
Occurred
Dec 31, 2025
Marked down by a BDC
ARES STRATEGIC INCOME FUND: fair value markdown in NEP Group (102 to 94 cents on cost)
BDC schedule of investmentsobserved 1 months ago
0.93711233375082 usd
Occurred
Dec 31, 2025
BDC left a facility
Oaktree Specialty Lending Corp no longer holds NEP Group term loan after 2025-12-31; 2 BDC(s) still hold it
BDC schedule of investments
$4.7M
Occurred
Dec 31, 2025
BDC left a facility
Oaktree Strategic Credit Fund no longer holds NEP Group term loan after 2025-12-31; 2 BDC(s) still hold it
BDC schedule of investments
$18.8M
Occurred
Dec 31, 2025
Maturity extended
ARES STRATEGIC INCOME FUND: maturity extended in NEP Group (2026-08-01 to 2031-10-01)
BDC schedule of investmentsobserved 1 months ago
Occurred
Sep 30, 2025
Borrower left every BDC schedule
NEP Group term loan (second lien) left every BDC schedule after 2025-09-30 (3 lenders, $17.8M last held)
BDC schedule of investments
$17.8M
Occurred
Sep 30, 2025
Coupon changed
NEP Group term loan: spread moved from 5.50% to 4.00%
BDC schedule of investments
$44.8M
Occurred
Sep 30, 2025
Mark recovered
BlackRock Direct Lending Corp.: fair value recovery in NEP Group (55 to 98 cents on cost)
BDC schedule of investmentsobserved 10 months ago
0.978676991874352 usd
Occurred
Sep 30, 2025
Spread decreased
ARES STRATEGIC INCOME FUND: spread decreased in NEP Group (5.50% to 4.75%)
BDC schedule of investmentsobserved 10 months ago
0.0475 usd
Occurred
Sep 30, 2025
Mark recovered
BlackRock TCP Capital Corp.: fair value recovery in NEP Group (56 to 99 cents on cost)
BDC schedule of investmentsobserved 10 months ago
0.985148412566535 usd
Occurred
Sep 30, 2025
BDC left a facility
BlackRock Direct Lending Corp. no longer holds NEP Group term loan after 2025-09-30; 1 BDC(s) still hold it
BDC schedule of investments
$130,856
Occurred
Sep 30, 2025
Mark recovered
ARES STRATEGIC INCOME FUND: fair value recovery in NEP Group (95 to 102 cents on cost)
BDC schedule of investmentsobserved 10 months ago
1.02137213755776 usd
Occurred
Sep 30, 2025
BDC left a facility
BlackRock TCP Capital Corp. no longer holds NEP Group term loan after 2025-09-30; 1 BDC(s) still hold it
BDC schedule of investments
$17.6M
Occurred
Jun 30, 2025
Marked down across lenders
NEP Group term loan: marked from 80 to 56 cents on cost across 2 lender(s)
BDC schedule of investments
$17.8M
Occurred
Jun 30, 2025
Coupon changed
NEP Group term loan: spread moved from 5.50% to 4.75%
BDC schedule of investments
$44.8M
Occurred
Jun 30, 2025
Marked down by a BDC
BlackRock TCP Capital Corp.: fair value markdown in NEP Group (80 to 56 cents on cost)
BDC schedule of investmentsobserved 1.1 years ago
0.557093716946669 usd
Occurred
Jun 30, 2025
Marked down by a BDC
BlackRock Direct Lending Corp.: fair value markdown in NEP Group (79 to 55 cents on cost)
BDC schedule of investmentsobserved 1.1 years ago
0.55269888696822 usd
Occurred
Mar 31, 2025
Marked down across lenders
NEP Group term loan: marked from 85 to 80 cents on cost across 2 lender(s)
BDC schedule of investments
$17.8M
Occurred
Mar 31, 2025
Coupon changed
NEP Group term loan: spread moved from 3.25% to 5.50%
BDC schedule of investments
$42.9M
Occurred
Mar 31, 2025
Marked down by a BDC
BlackRock Direct Lending Corp.: fair value markdown in NEP Group (84 to 79 cents on cost)
BDC schedule of investmentsobserved 1.4 years ago
0.788666917954517 usd
Occurred
Mar 31, 2025
Marked down by a BDC
BlackRock TCP Capital Corp.: fair value markdown in NEP Group (85 to 80 cents on cost)
BDC schedule of investmentsobserved 1.4 years ago
0.79585349033693 usd
Occurred
Dec 31, 2024
Marked down across lenders
NEP Group term loan: marked from 100 to 95 cents on cost across 4 lender(s)
BDC schedule of investments
$45.9M
Occurred
Dec 31, 2024
Coupon changed
NEP Group term loan: spread moved from 5.50% to 3.25%
BDC schedule of investments
$45.9M

Show 14 bookkeeping events

Occurred
Mar 31, 2026
Oaktree Strategic Credit Fund: position exited in NEP Group ($18.8M principal)
Occurred
Mar 31, 2026
Oaktree Specialty Lending Corp: position exited in NEP Group ($4.7M principal)
Occurred
Dec 31, 2025
BlackRock TCP Capital Corp.: position exited in NEP Group ($17.6M principal)
Occurred
Dec 31, 2025
Oaktree Strategic Credit Fund: new position in NEP Group ($18.8M principal)
Occurred
Dec 31, 2025
ARES STRATEGIC INCOME FUND: principal decreased in NEP Group ($27.5M principal)
Occurred
Dec 31, 2025
Oaktree Specialty Lending Corp: new position in NEP Group ($4.7M principal)
Occurred
Dec 31, 2025
BlackRock Direct Lending Corp.: position exited in NEP Group ($.1M principal)
Occurred
Sep 30, 2025
NEP Group term loan: marked from 56 to 99 cents on cost
Occurred
Sep 30, 2025
NEP Group term loan: marked from 95 to 102 cents on cost
Occurred
Mar 31, 2025
BlackRock Direct Lending Corp.: position exited in NEP Group ($.6M principal)
Occurred
Mar 31, 2025
BlackRock Direct Lending Corp.: principal decreased in NEP Group ($.1M principal)
Occurred
Mar 31, 2025
BlackRock Private Credit Fund: position exited in NEP Group ($4.4M principal)
Occurred
Mar 31, 2025
BlackRock TCP Capital Corp.: position exited in NEP Group ($.7M principal)
Occurred
Mar 31, 2025
ARES STRATEGIC INCOME FUND: principal increased in NEP Group ($42.9M principal)

Provenance

Graph: Private Credit
Canonical id: dfx:pc:dfd75cac-7b85-1078-23ac-692e96890d21
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.

NEP Group

Private Credit

Search this name across graphsid dfx:pc:dfd75cac-7b85-1078-23ac-692e96890d21

Kind

Lien

Size, lower bound

Fair value

Maturity

Maturity basis

Spread

PIK

Lenders

BDCs

Status

Last seen

Term loan

First lien

$27.5M

$25.8M

Oct 1, 2031

Html schedule

n/a

Unknown

Jun 30, 2026

Term loan

Second lien

$17.8M

$17.1M

Oct 19, 2026

Xbrl fact

n/a

Unknown

Sep 30, 2025

revolver

First lien

$4.4M

$4.2M

Aug 19, 2026

Xbrl fact

n/a

Unknown

Mar 31, 2024

BDC

Pieces

Principal

Fair value

Unfunded

Nearest maturity

As of

ARES STRATEGIC INCOME FUND

$27.5M

$25.8M

Oct 1, 2031

Jun 30, 2026

BlackRock Capital Investment Corp

$3.8M

$3.1M

Aug 19, 2026

Dec 31, 2023