DFX Intelligence
Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
BDC portfolio
B•••••••• T•• C•••••• C••••
Fair value
$1.3B
as of Jun 30, 2026
Principal held
$1.3B
debt pieces, the filer's figure
Cost
$1.4B
92c on cost
Unfunded
n/a
commitments not yet drawn
Positions
349
170 borrowers
First lien
84%
92% debt by fair value
Quarters on the tape
16
since Dec 31, 2021
Facilities held
278
25 sponsors financed
Portfolio through time
Fair value by quarter end$1.3B as of Jun 30, 2026
Dec 31, 2021$405M then
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2026 | $1.3B | 170 | 94c | 51 | 573 bp |
| Mar 31, 2026 | $1.4B | 170 | 93c | 49 | 576 bp |
| Dec 31, 2025 | $1.6B | 178 | 94c | 46 | 590 bp |
| Sep 30, 2025 | $1.8B | 187 | 99c | 53 | 596 bp |
| Jun 30, 2025 | $1.8B | 185 | 95c | 55 | 616 bp |
| Mar 31, 2025 | $9.0B | 173 | 93c | 68 | 630 bp |
| Dec 31, 2024 | $7.8B | 190 | 97c | 76 | 646 bp |
| Sep 30, 2024 | $9.7B | 183 | 93c | 53 | 661 bp |
| Jun 30, 2024 | $7.8B | 189 | 92c | 48 | 685 bp |
| Mar 31, 2024 | $8.2B | 184 | 95c | 46 | 692 bp |
| Dec 31, 2023 | $8.4B | 174 | 101c | 49 | 700 bp |
| Sep 30, 2023 | $6.3B | 170 | 95c | 43 | 695 bp |
| Jun 30, 2023 | $6.5B | 172 | 95c | 38 | 696 bp |
| Mar 31, 2023 | $6.6B | 173 | 96c | 37 | 693 bp |
| Dec 31, 2022 | $7.1B | 169 | 101c | 32 | 689 bp |
| Dec 31, 2021 | $405M | 10 | n/a | 0 | n/a |
Each quarter end is the schedule as filed for that instant; a restated year end is taken from the latest filing that carries it.
Sponsors financed
No borrower on this schedule has a sponsor attribution yet.
Counted at BDC level here; the adviser page counts across every BDC it manages. A sponsor named by Form D signer consensus is an inference.
What changed
- New borrower on a BDC scheduleJun 30, 2026
- New lender joined a facilityJun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Spread increasedJun 30, 2026
Largest facilities held, with co-lenders
- D•••• I•• first lien delayed draw term loan1 BDC hold it · matures Aug 19, 2028$64.6M 100c
- 3••• S••••• C•••••• P••••••• H•••••••• L•• notes1 BDC hold it · matures Nov 30, 2030$59.8M 100c
- M••••• T••••••••• I•• first lien term loan4 BDCs hold it · matures Apr 8, 2027$55.0M 100c
- P••• Q••••••••• T••••••• L•• first lien term loan2 BDCs hold it · matures Feb 8, 2027$39.6M 100c
- J••••••••• U••• I•• first lien term loan4 BDCs hold it · matures Oct 13, 2028$37.7M 89c
- S•••• H••••••• L••••••••• first lien delayed draw term loan6 BDCs hold it · matures May 23, 2031$34.7M 100c
- G••••• B••••••• F•••••• C•••••• unsecured or subordinated subordinated debt2 BDCs hold it · matures Aug 3, 2026$34.6M 1c
- E•• S••••••••• I•• first lien term loan5 BDCs hold it · matures May 3, 2027$32.2M 99c
- J••••••••• U••• I•• first lien delayed draw term loan3 BDCs hold it · matures Oct 15, 2028$29.8M 112c
- E•••••• W••• A••••••••• C••••••• L•• first lien term loan13 BDCs hold it · matures Apr 10, 2031$28.1M 99c
- S•• E•••• B•••• L•• first lien term loan2 BDCs hold it · matures May 9, 2028$28.0M 91c
- I••••••• C••••••• H••••••• L•• second lien term loan2 BDCs hold it · matures Dec 20, 2029$27.9M 0c
Schedule of investments at Jun 30, 2026
349 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| I•••••••• B••••• I••. Sr S•••••• IT Services | revolver lien unstated | $0 | $-5,000 | SOFR+575 bp | Jun 3, 2030 |
| P••••••• O•• C••••••• L•• Oil, Gas and Consumable Fuels | delayed draw term loan first lien | $0 | $-5,217 | SOFR+475 bp | Dec 12, 2031 |
| J• A••••••••• L•• (JF Petroleum) Sr S•••••• Construction and Engineering | revolver lien unstated | $0 | $-6,677 84c | SOFR+575 bp | Jun 18, 2030 |
| J• A••••••••• L•• (JF Petroleum) Construction and Engineering | delayed draw term loan first lien | $0 | $-7,234 102c | SOFR+575 bp | Jun 18, 2030 |
| M••••• M••••• Inc. Health Care Technology | delayed draw term loan first lien | $0 | $-9,672 138c | SOFR+475 bp | Aug 26, 2032 |
| C••••••• B••••• I••. (New Relic) Sr S•••••• IT Services | revolver lien unstated | $0 | $-10,465 755c | SOFR+675 bp | Nov 8, 2030 |
| A••••• C••••••••• S• S•••••• Life Sciences Tools & Services | revolver lien unstated | $0 | $-10,509 121c | SOFR+565 bp | Dec 21, 2029 |
| S••••••••• B•••• I••. (Payworks) (Canada) Sr S•••••• Software | revolver lien unstated | $0 | $-10,607 306c | //tcpcapital.com/20260630#Canadian Overnight Repo Rate Average+450 bp | Nov 5, 2032 |
| P•• P••••• H•••••••• L•• Sr S•••••• Capital Markets | revolver lien unstated | $0 | $-12,000 124c | SOFR+475 bp | Jan 31, 2031 |
| B••••• B•••• B.V. (Netherlands) Sr S•••••• Internet Software and Services | revolver lien unstated | $0 | $-12,750 102c | SOFR+600 bp | Jan 26, 2029 |
| C••••••• I••. Sr S•••••• Health Care Technology | revolver lien unstated | $0 | $-14,180 745c | SOFR+735 bp | Sep 14, 2027 |
| M••••• M••••• I••• S• S•••••• Health Care Technology | revolver lien unstated | $0 | $-14,771 139c | SOFR+475 bp | Aug 26, 2032 |
| A••••••••• B••••• I••. (Coalfire) Sr S•••••• IT Services | revolver lien unstated | $0 | $-20,000 214c | SOFR+450 bp | Dec 3, 2032 |
| D•••• S• (G••••••) Software | delayed draw term loan first lien | $0 | $-24,745 144c | SOFR+500 bp | Jun 26, 2030 |
| L••••••••• P••••• H•••••••• I•• (Aperture) Sr S•••••• Professional Services | revolver lien unstated | $0 | $-25,638 144c | SOFR+500 bp | Dec 20, 2031 |
| I•••••••• M•••••••• A••••••••• L•• Sr S•••••• Insurance | revolver lien unstated | $0 | $-27,482 76c | SOFR+500 bp | Aug 25, 2028 |
| F••••••• C••••••• L•• Software | delayed draw term loan first lien | $0 | $-39,000 464c | SOFR+550 bp | Jun 30, 2029 |
| S••••••••• B•••• I••. (Payworks) (Canada) Software | delayed draw term loan first lien | $0 | $-42,426 611c | //tcpcapital.com/20260630#Canadian Overnight Repo Rate Average+450 bp | Nov 5, 2032 |
| H•••• I••••••••• I••. (iLobby) (Canada) Sr S•••••• Software | revolver lien unstated | $0 | $-54,118 167c | 9.89% PIK 3.38% | Sep 30, 2030 |
| X••••• C••••••••• S• S•••••• IT Services | revolver lien unstated | $0 | $-55,568 407c | SOFR+635 bp | Feb 3, 2028 |
| D•••••• H•••••••• I•• (Docupace) Sr S•••••• Software | revolver lien unstated | $0 | $-74,306 536c | SOFR+575 bp | Aug 27, 2030 |
| E•••••• W••• A••••••••• C••••••• L•• (Whistle) Sr S•••••• Diversified Consumer Services | revolver lien unstated | $0 | $-108,330 119c | SOFR+625 bp | Apr 10, 2031 |
| M•••••• L•••• H•••••••• I••. Sr S•••••• IT Services | revolver lien unstated | $0 | $-121,124 3016c | SOFR+700 bp | Dec 30, 2027 |
| P•••••••••, Inc. Sr S•••••• Internet Software and Services | revolver lien unstated | $0 | $-355,087 | 8.14% PIK 1.50% | Aug 22, 2029 |
| S•• E•••• B•••• L••. (Beqom) (Switzerland) Sr S•••••• Software | revolver lien unstated | $0 | $-366,665 203c | 10.41% PIK 6.75% | May 9, 2028 |
| P•••••••••, Inc. Internet Software and Services | delayed draw term loan first lien | $0 | $-724,878 | 8.14% PIK 1.50% | Aug 22, 2029 |
| S•••• B••••• L•• (S••••stone) Electrical Equipment | delayed draw term loan first lien | $0 | $-829,310 171c | SOFR+525 bp | Oct 15, 2031 |
| S••••• C••••••••• L•• | equity equity | n/a | n/a | ||
| V••••• H•••••• 2• S• • r••. (S••••••) | equity equity | n/a | n/a | ||
| G••••• B••••••• F•••••• C•••••• | equity equity | n/a | n/a | ||
| A• A••••••••• A••••••••• L•• | equity equity | n/a | n/a | ||
| S•••••• P•••••••• N•• C••••••••• S••••• S••••• Z• | unstated lien unstated | n/a | n/a | ||
| T••••••••• H•••••••• L••, S••••• B-1 | equity equity | n/a | n/a | ||
| S•••••• P•••••••• N•• C••••••••• S••••• S••••• Z• | unstated lien unstated | n/a | n/a | ||
| G••••• B••••••• F•••••• C•••••• | preferred equity equity | n/a | n/a | ||
| H•••• Global LLC, P••••• | equity equity | n/a | n/a | ||
| S•••••• G•••••• G••• & Co. KG | revolver first lien | n/a | n/a | SOFR+500 bp | Nov 5, 2026 |
| V••••• H•••••• 2• S• • r••. (S••••••) | equity equity | n/a | n/a | ||
| T••••••••• H•••••••• L•• | preferred equity equity | n/a | n/a | ||
| V••••• H•••••• 2• S• • r••. (S••••••) | equity equity | n/a | n/a | ||
| S••••• C•••••••• LLC | term loan first lien | n/a | n/a | Mar 31, 2030 | |
| S•••••• G•••••• G••• & Co. KG | revolver first lien | n/a | n/a | Nov 5, 2026 | |
| 3••• S••••• C•••••• P••••••• H•••••••• L•• | equity equity | n/a | n/a | ||
| V••••• H•••••• 2• S• • r••. (S••••••) | equity equity | n/a | n/a | ||
| 3••• S••••• C•••••• P••••••• H•••••••• L•• | notes lien unstated | n/a | n/a | Nov 30, 2030 | |
| F••••••• INC., Common | equity equity | n/a | n/a | ||
| A••••••••• L•• | term loan first lien | n/a | n/a | Mar 31, 2028 | |
| T••••••••• H•••••••• L••, S••••• B-2 | equity equity | n/a | n/a | ||
| S••••• C••••••••• L•• | preferred equity equity | n/a | n/a |
Page 4 of 4Previous
Registration
- Fiscal year end
- 1231reported
- Incorporated
- DEreported
- On the SEC BDC report
- 2013 to 2026reported
- Filings listed
- 19reported10-Q and 10-K since 2022
- Former names
- TCP Capital Corp.; Special Value Continuation Fund, LLCreported
- Latest schedule
- 0001193125-26-336794reported