All intelligence: every actionable signal on the DFX graph

#1IntensifiedSignalPrivate creditCredit deterioration (intensified)

Medallia, Inc: lender marks fell to 51 cents across 8 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-13.

Exposure: $1.4B knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

HPS Corporate Lending Fund · lender Blackstone Private Credit Fund · lender Apollo Debt Solutions BDC · lender Blackstone Secured Lending Fund · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#2IntensifiedSignalPrivate creditCredit deterioration (intensified)

Cornerstone OnDemand, Inc: lender marks fell to 63 cents across 10 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-12.

Exposure: $664M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

New Mountain Finance Corp · lender Blue Owl Capital Corp · lender Blue Owl Technology Finance Corp. · lender Blackstone Private Credit Fund · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#3IntensifiedSignalPrivate creditCredit deterioration (intensified)

Kaseya Inc: lender marks fell to 69 cents across 20 BDC lenders, second consecutive quarter

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-13.

Exposure: $540M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

Barings Private Credit Corp · lender Oaktree Strategic Credit Fund · lender New Mountain Finance Corp · lender Fidelity Private Credit Fund · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#4IntensifiedSignalCredit deterioration (intensified)

••• Locked

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-13.

Exposure: $61.5M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

B•••••• P•••••• C••••• C••• · lender N•• M••••••• F•••••• C••• · lender N•• M••••••• G••••••• I• I••••• F•••• L••••• · lender C••••••• C•••••• B••• I••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#5IntensifiedSignalCredit deterioration (intensified)

••• Locked

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-12.

Exposure: $101M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

N•• M••••••• F•••••• C••• · lender O•••••• S•••••••• L•••••• C••• · lender B••••••••• P•••••• C••••• F••• · lender G•••• C•••••• P•••••• C••••• F••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#6IntensifiedSignalCredit deterioration (intensified)

••• Locked

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-14.

Exposure: $200M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

S•••• P•••• C••••• C••• · lender L••• A••••• P•••••• C••••• F••• · lender A•• P•••••• C••••• I••••• F••• · lender L••• A••••• P•••••• C••••• F••• S• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#7IntensifiedSignalCredit deterioration (intensified)

••• Locked

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-12.

Exposure: $46.0M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

N•• M••••••• F•••••• C••• · lender B••••••••• P•••••• C••••• F••• · lender P••••• S••••• C•••••• B•• I••• · lender V•••• C••••• S•••••••• L•••••• C•••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#8IntensifiedSignalCredit deterioration (intensified)

••• Locked

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-13.

Exposure: $79.7M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

H•• C•••••••• C•••••• S•••••••• F••• · lender H•• C•••••••• L•••••• F••• · lender B•••••••• P•••••• C••••• F••• · lender A•••••• S•••••••• C••••• F••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#9IntensifiedSignalCredit deterioration (intensified)

••• Locked

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-07.

Exposure: $142M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

B••• O•• C•••••• C••• · lender B••• O•• C•••••• C••• I• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#10IntensifiedSignalCredit deterioration (intensified)

••• Locked

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-13.

Exposure: $224M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

B•••••• P•••••• C••••• C••• · lender H•• C•••••••• L•••••• F••• · lender B•••••••• P•••••• C••••• F••• · lender O•••••• S•••••••• L•••••• C••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#11IntensifiedSignalCredit deterioration (intensified)

••• Locked

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-10.

Exposure: $19.1M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

P••••••••• F••••••• R••• C•••••• L••• · lender P••••••••• I••••••••• C••• · lender M••••••• U• A••••••• L••• · sponsor R•••••• A••••••••• L•• · sponsor

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#12IntensifiedSignalCredit deterioration (intensified)

••• Locked

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-12.

Exposure: $129M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

O•••••• S•••••••• C••••• F••• · lender B••• O•• C•••••• C••• · lender B••• O•• T••••••••• F•••••• C•••• · lender O•••••• S•••••••• L•••••• C••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#13IntensifiedSignalCredit deterioration (intensified)

••• Locked

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-12.

Exposure: $16.1M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

N•• M••••••• F•••••• C••• · lender A••• C•••••• C••• · lender N•• S•• I• I••• · lender N•• M••••••• C••••••• L•• · sponsor

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#14IntensifiedSignalCredit deterioration (intensified)

••• Locked

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-14.

Exposure: $117M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

B• P••••••• L•••••• C••• · lender N•• M••••••• F•••••• C••• · lender A••• C•••••• C••• · lender G•••• C•••••• P•••••• C••••• F••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#15IntensifiedSignalCredit deterioration (intensified)

••• Locked

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-14.

Exposure: $36.3M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

B•••••• P•••••• C••••• C••• · lender S•••• P•••• C••••• C••• · lender F••••••• B•• C•••••• C••• · lender G•••• C•••••• P•••••• C••••• F••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#16IntensifiedSignalCredit deterioration (intensified)

••• Locked

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-12.

Exposure: $76.3M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

B••••••••• P•••••• C••••• F••• · lender A••••• D••• S•••••••• B•• · lender C•••••• C••••• S••••••••• I••• · lender C•••••• S•••••• L••••••• I••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#17IntensifiedSignalCredit deterioration (intensified)

••• Locked

State INTENSIFIED at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-12.

Exposure: $101M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.89x non accrual, 142d median

B• P••••••• L•••••• C••• · lender B••••••••• P•••••• C••••• F••• · lender B•• I••••••••• C••• · lender C•••••• C••••• S••••••••• I••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#18NewSignalCredit deterioration

••• Locked

State NEW at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-13.

Exposure: $143M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.36x non accrual, 142d median

N•• M••••••• F•••••• C••• · lender B••••••••• P•••••• C••••• F••• · lender A••• C•••••• C••• · lender N•• M••••••• P•••••• C••••• F••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#19NewSignalCredit deterioration

••• Locked

State NEW at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-11.

Exposure: $88.4M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.36x non accrual, 142d median

B• P••••••• L•••••• C••• · lender B••• C•••••• S•••••••• F••••••• I••• · lender B••• O•• C•••••• C••• · lender G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#20NewSignalCredit deterioration

••• Locked

State NEW at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-14.

Exposure: $97.3M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.36x non accrual, 142d median

N•••• H•••• P•••••• I••••• F••• A• L•• · lender S• I••••••••• F••• I• L•• · lender T• S••••• B•• L•• · lender G•••• C•••••• B••• I••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#21NewSignalCredit deterioration

••• Locked

State NEW at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-13.

Exposure: $158M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.36x non accrual, 142d median

H•• C•••••••• C•••••• S•••••••• F••• · lender H•• C•••••••• L•••••• F••• · lender O•••••• S•••••••• L•••••• C••• · lender F••••••• B•• C•••••• C••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#22NewSignalCredit deterioration

••• Locked

State NEW at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-14.

Exposure: $135M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.36x non accrual, 142d median

B•••••• P•••••• C••••• C••• · lender S•••• P•••• C••••• C••• · lender N•• M••••••• F•••••• C••• · lender A••• C•••••• C••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#23NewSignalCredit deterioration

••• Locked

State NEW at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-14.

Exposure: $306M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.36x non accrual, 142d median

A•• B••• L•• · lender D••••••• C••••• C• · lender C••••••• C•••••• B••• I••• · lender A••• C•••••• C••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

#24NewSignalCredit deterioration

••• Locked

State NEW at the 2026-06-30 quarter end, readable when the filing landed on 2026-08-12.

Exposure: $707M knownfunded debt at cost held by BDC lenders
Who this matters to: Private credit lenders, PE sponsors +3
Historical: 5.36x non accrual, 142d median

B••••••••• P•••••• C••••• F••• · lender B••••••••• S•••••• L•••••• F••• · lender

Credit Attention / portfolio monitorJun 30, 2026 · seen 7 days ago

Every actionable signal, ranked