Consensus lender mark moved from 85 to 74 cents on cost at 2026-03-31

Why now: State NEW at the 2026-03-31 quarter end, readable when the filing landed on 2026-05-11.

Buyer classes for this family: Private credit lenders, PE sponsors, Special situations funds, Restructuring advisers, LPs and allocators.

funded debt at cost held by BDC lenders

$38.5M known

basis KNOWN

State

New

Historical signal

2.38x subsequent non accrual rate vs population

median 139 days of warning

Lenders

6

Sponsor

Freeman Spogli & Co.

Confidence

0.90

6 BDC lender(s) hold $38M of funded debt at cost; sponsor Freeman Spogli & Co. through the 40-of-40 name bridge. Borrowers this screen flags reached non-accrual at 2.38x the population rate within a year, median warning 139.0 days (stage-6 harness, non-accrual outcome). Non-accrual is the lender's own determination, not a court's: this is a mark signal, not a default prediction.

DFX product: Credit Attention / portfolio monitor

• Thomas James Gahan · Chairman, Chief Investment Officer · FRANKLIN BSP CAPITAL ADVISER LLC
• James Charles Zelter · Co-President of Apollo Asset Management, Inc. · APOLLO CREDIT MANAGEMENT, LLC
• Marc Jeffrey Rowan · Chief Executive Officer of Apollo Global Management, Inc. · APOLLO CREDIT MANAGEMENT, LLC
• Scott Martin Kleinman · Co-President of Apollo Asset Management, Inc. · APOLLO CREDIT MANAGEMENT, LLC
• J Brent Humphries · President, Ab Private Credit Investors · AB PRIVATE CREDIT INVESTORS LLC