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

N•• M••••••• F•••••• C•••

BDCNMFC, NMFCZCIK 1496099file 814-00832NEW YORK, NYmanaged by N•• M••••••• F•••••• A•••••••• L•••••

Fair value

$2.3B

as of Jun 30, 2026

Principal held

$2.0B

debt pieces, the filer's figure

Cost

$2.5B

92c on cost

Unfunded

n/a

commitments not yet drawn

Positions

391

121 borrowers

First lien

63%

83% debt by fair value

Quarters on the tape

since Dec 31, 2021

Facilities held

156

23 sponsors financed

Portfolio through time

Fair value by quarter end$2.3B as of Jun 30, 2026

Dec 31, 2021$3.2B then

Quarter	Fair value	Borrowers	On cost	PIK pos.	Avg spread
Jun 30, 2026	$2.3B	121	95c	49	502 bp
Mar 31, 2026	$2.3B	124	94c	46	514 bp
Dec 31, 2025	$2.8B	125	97c	49	514 bp
Sep 30, 2025	$3.0B	140	97c	55	507 bp
Jun 30, 2025	$3.0B	136	98c	52	529 bp
Mar 31, 2025	$3.1B	132	98c	49	527 bp
Dec 31, 2024	$7.1B	132	104c	118	533 bp
Sep 30, 2024	$3.3B	140	99c	58	544 bp
Jun 30, 2024	$3.2B	138	99c	66	565 bp
Mar 31, 2024	$3.1B	130	96c	68	574 bp
Dec 31, 2023	$4.8B	125	96c	96	589 bp
Sep 30, 2023	$3.1B	125	96c	66	616 bp
Jun 30, 2023	$3.2B	128	95c	38	628 bp
Mar 31, 2023	$3.3B	131	95c	33	635 bp
Dec 31, 2022	$3.3B	126	95c	48	607 bp
Sep 30, 2022	$3.2B	122	95c	20	615 bp
Jun 30, 2022	n/a	1	n/a	0	n/a
Dec 31, 2021	$3.2B	124	98c	23	622 bp
Sep 30, 2021	n/a	2	n/a	0	n/a
Mar 31, 2021	n/a	1	n/a	0	n/a
Mar 30, 2020	n/a	1	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
F•••••• P•••• L•• first appears in a BDC schedule (3 lenders)
New lender joined a facilityJun 30, 2026
N•• M••••••• F•••••• C••• joins A•• G•••• H•••••••• I•• term loan (first lien) held by 19 other BDCs
New borrower on a BDC scheduleJun 30, 2026
S•••• P••••••••• L•• first appears in a BDC schedule (3 lenders)
Marked down (one lender)Jun 30, 2026
N•• M••••••• F•••••• C•••: fair value markdown in D••• D••••• H••••••• L•• (98 to 89 cents on cost)
Marked down (one lender)Jun 30, 2026
N•• M••••••• F•••••• C•••: fair value markdown in C••••••• P•••••• I•• (99 to 87 cents on cost)
Marked down (one lender)Jun 30, 2026
N•• M••••••• F•••••• C•••: fair value markdown in H••••••• M•••••• H••••••• C•••••• (90 to 81 cents on cost)
Marked down (one lender)Jun 30, 2026
N•• M••••••• F•••••• C•••: fair value markdown in H• P••••••••• L•• (83 to 62 cents on cost)
Marked down (one lender)Jun 30, 2026
N•• M••••••• F•••••• C•••: fair value markdown in F•••• C••••• I•• (88 to 62 cents on cost)
Marked down (one lender)Jun 30, 2026
N•• M••••••• F•••••• C•••: fair value markdown in C••••• H••••• S••••••••• I•• (73 to 13 cents on cost)
PIK interest appearsJun 30, 2026
N•• M••••••• F•••••• C•••: pik added in D••••••• C••••••••• (0.00% to 8.42%)
PIK interest appearsJun 30, 2026
N•• M••••••• F•••••• C•••: pik added in L••••••••• I•• (0.00% to 6.38%)
Spread increasedJun 30, 2026
N•• M••••••• F•••••• C•••: spread increased in C•• M••••••••• L•• (3.41% to 6.25%)
Spread increasedJun 30, 2026
N•• M••••••• F•••••• C•••: spread increased in F••••••••• E•••••••• G••••• I•• (3.75% to 4.25%)
PIK interest increasedJun 30, 2026
N•• M••••••• F•••••• C•••: pik increased in P•• T• H•••••••• I•• (2.50% to 3.50%)
PIK interest appearsJun 30, 2026
N•• M••••••• F•••••• C•••: pik added in C••••••• I••••••••• I•• L•• (0.00% to 3.25%)
Maturity shortened (observed)Jun 30, 2026
N•• M••••••• F•••••• C•••: maturity shortened in P••••••• P•••••• I•• (2028-12-01 to 2027-12-01)
Maturity extended (observed)Jun 30, 2026
N•• M••••••• F•••••• C•••: maturity extended in A•••••• I•• (2028-10-01 to 2033-06-01)
New lender joined a facilityJun 30, 2026
N•• M••••••• F•••••• C••• joins A••••••• H••••• C••• subordinated (unsecured or subordinated) held by 1 other BDC
Maturity extended (observed)Jun 30, 2026
N•• M••••••• F•••••• C•••: maturity extended in F••••••• F•••••••• G••••• L•• (2027-09-01 to 2029-10-01)
Lender left a facilityMar 31, 2026
N•• M••••••• F•••••• C••• no longer holds A•• G•••• H•••••••• I•• term loan after 2026-03-31; 1 BDC(s) still hold it

Every position change, including routine ones

Largest facilities held, with co-lenders

T••••••••• H•••••••• L•• equity
2 BDCs hold it
$77.8M 7c
A••••••• A••••••••• C••••••••• first lien term loan
1 BDC hold it · matures Sep 1, 2027
$65.5M 51c
E••••••• P•••••• I•• first lien term loan
23 BDCs hold it · matures Jan 22, 2031 · V•••• E••••• P••••••• M••••••••• L••
$61.3M 98c
N•• P•••••• H••••• first lien term loan
1 BDC hold it · matures Dec 1, 2027
$55.2M 100c
M•••• N• I•• first lien term loan
11 BDCs hold it · matures Jun 27, 2031
$52.9M 100c
D••• D••••• H••••••• L•• first lien term loan
6 BDCs hold it · matures Aug 28, 2028
$43.5M 89c
N•••••• H•••••• C•••••• first lien term loan
9 BDCs hold it · matures Mar 1, 2032
$42.3M 104c
T••••••••• I•• first lien term loan
9 BDCs hold it · matures Aug 16, 2029 · V•••• E••••• P••••••• M••••••••• L••
$41.0M 99c
T•• H••• P•••••• C••• first lien term loan
5 BDCs hold it · matures Jul 1, 2029
$40.3M 79c
C••••••••• T••••••••• L•• first lien term loan
11 BDCs hold it · matures Apr 12, 2030
$40.3M 101c
M•• S••••••• L•• first lien term loan
35 BDCs hold it · matures Feb 29, 2028
$38.9M 98c
I• I••••••••• H•••••••• L•• first lien term loan
26 BDCs hold it · matures Dec 1, 2029 · D••••••• C•••••• M••••••••• L•••
$38.6M 100c

Schedule of investments at Jun 30, 2026

391 positions

Borrower	Instrument	Principal	Fair value	Rate	Maturity
FS W••••••••• Holdings, LLC	equity equity	n/a	$6.1M 122c
G••••••• H•••••• L••	term loan first lien	$6.2M	$6.1M 99c	S+675 bp	Apr 1, 2029
V•••• P••••••••• L••	term loan first lien	$6.0M	$6.0M 100c	S+525 bp	May 1, 2028
A•• T••••• L••	term loan first lien	$6.0M	$6.0M 100c	S+525 bp	Dec 1, 2027
F••••••••• E•••••••• G••••• I••.	term loan first lien	$6.3M	$5.9M 99c	S+425 bp	Aug 1, 2028
R••••••• P•••••• L••	term loan first lien	$5.8M	$5.8M 100c	S+425 bp	May 1, 2032
N• T••••• L••	term loan first lien	$5.8M	$5.8M 99c	S+450 bp	Sep 1, 2031
N•••••••• B••••, LLC	equity equity	n/a	$5.7M 77c
B•••• T•••• A••••••• G••••• L•	term loan first lien	$5.8M	$5.7M 99c	S+425 bp	Jun 1, 2031
C••••• I••.	term loan first lien	$5.3M	$5.3M 101c	S+700 bp	Feb 1, 2030
T••••••••• H•••••••• L••	equity equity	$48.1M	$5.0M 12c
H••••••••• B••••• L••	term loan first lien	$5.0M	$5.0M 101c	S+475 bp	Oct 1, 2030
W•• S•• I••••••••• H•••••••• L••	subordinated debt unsecured or subordinated	$5.0M	$5.0M 101c	13.00% PIK 13.00%	May 1, 2033
Consumer Products \| First lien Consumer Products	term loan first lien	$5.0M	$5.0M 100c	11.13% PIK 7.25%	Dec 1, 2030
C••••• C•••••• H•••••••• I••. (f/k/a NMC C•••••• Holdings, Inc.)	term loan first lien	$5.0M	$4.9M 99c	S+609 bp	Mar 1, 2028
A••••••• P••••••• M••••••••• I••.	term loan first lien	$5.2M	$4.9M 95c	S+550 bp	Feb 1, 2028
I•••••• P•••••• I••.	term loan first lien	$4.8M	$4.8M 104c	S+450 bp	Jan 1, 2030
A••••••• B•••••••• L••	term loan first lien	$4.8M	$4.7M 100c	S+600 bp	May 1, 2030
F• W••••••••• B•••••••• L••	term loan first lien	$4.7M	$4.7M 101c	S+500 bp	Dec 1, 2029
C••••• C•••••• H•••••••• I••. (f/k/a NMC C•••••• Holdings, Inc.)	term loan first lien	$4.7M	$4.6M 99c	S+624 bp	Mar 1, 2028
G• A••••••••• I••.	term loan first lien	$4.8M	$4.5M 94c	S+525 bp	May 1, 2028
M•••• N• I••.	term loan first lien	$4.5M	$4.5M 100c	S+475 bp	Jun 1, 2031
I•• F•••••••• G••••• I••.	equity equity	n/a	$4.4M 100c
M•• S••••••• L••	term loan first lien	$4.5M	$4.4M 98c	S+475 bp	Feb 1, 2028
A•••• A• B•••• P•• L••	term loan first lien	$4.4M	$4.4M 98c	S+450 bp	Dec 1, 2029
Y•• H•••••••• I••.	term loan first lien	$4.3M	$4.3M 100c	S+475 bp	Dec 1, 2030
F••••••• C•••••••• L••.	equity equity	n/a	$4.2M 125c
R•• H•••••••• L••	term loan first lien	$7.1M	$4.1M 68c	S+425 bp	Jul 1, 2028
E•••••• T•••• Holdings, Inc. (fka Transcendia Holdings, Inc.)	preferred equity equity	n/a	$3.8M 100c	15.00% PIK 15.00%
A••••••••• I••.	subordinated debt unsecured or subordinated	$3.8M	$3.8M 100c	14.25% PIK 14.25%	May 1, 2030
J••••••••• P•••••• I••.	term loan first lien	$3.7M	$3.7M 99c	S+475 bp	Jan 1, 2033
T••••••••• I••.	term loan first lien	$3.7M	$3.7M 99c	S+625 bp	Aug 1, 2029
New ACI Holdings LLC	equity equity	n/a	$3.6M 100c
C••••••• B•••••••, Inc.	term loan first lien	$3.8M	$3.6M 110c	S+800 bp	Jun 1, 2030
L••••••••• I••.	term loan first lien	$4.2M	$3.6M 85c	S+112 bp PIK 6.38%	Jul 1, 2029
N•• A•• B•••• L••	term loan first lien	$3.6M	$3.6M 100c	S+313 bp PIK 3.13%	Jun 1, 2031
A•• T••••• L••	term loan first lien	$3.5M	$3.5M 100c	S+525 bp	Dec 1, 2027
D••• D••••• H••••••• L••	term loan first lien	$3.9M	$3.4M 89c	S+575 bp	Aug 1, 2028
B•••••••• I••.	term loan first lien	$3.4M	$3.4M 99c	S+500 bp	Oct 1, 2029
A•••• A• B•••• P•• L••	term loan first lien	$3.4M	$3.3M 99c	S+450 bp	Dec 1, 2029
D••••••• C•••••••••	term loan first lien	$3.4M	$3.3M 98c	12.09% PIK 8.42%	Aug 1, 2030
P••••••• P•••••• I••.	term loan first lien	$3.8M	$3.2M 104c	S+350 bp	Dec 1, 2027
C•• M••••••••• L••	term loan first lien	$3.7M	$3.2M 87c	S+625 bp PIK 2.25%	Sep 1, 2026
D•••, MSO, LLC	term loan first lien	$3.2M	$3.2M 100c	S+500 bp	Jun 1, 2028
I•• H••• M••••• M••••• C••••• F•••• L•• Structured finance (CLO)	notes lien unstated	$3.2M	$3.2M 99c		Jan 1, 2037
N•• A•• B•••• L••	subordinated debt unsecured or subordinated	$3.2M	$3.2M 100c	10.00% PIK 10.00%	Jun 1, 2032
B••••• H••••• H•••••••• L•• (f/k/a Appriss H•••••, LLC)	term loan first lien	$3.0M	$3.0M 100c	S+475 bp	May 1, 2028
T••••••••• I••.	term loan first lien	$3.1M	$3.0M 100c	S+625 bp	Aug 1, 2029
D• I••••••••• I••••••••• H••••••• 2• I••.	term loan second lien	$3.0M	$3.0M 100c	S+550 bp	Jul 1, 2033
E•••••• T•••• Holdings, Inc. (fka Transcendia Holdings, Inc.)	preferred equity equity	n/a	$3.0M 117c	11.50% PIK 11.50%
M•• S••••••• L••	term loan first lien	$3.1M	$3.0M 98c	S+475 bp	Feb 1, 2028
R•• H•••••••• L••	term loan second lien	$10.8M	$3.0M 195c	S+750 bp	Jul 1, 2029
M••• B•••• L••	term loan first lien	$3.0M	$3.0M 100c	S+525 bp	Dec 1, 2031
H• P••••••••• L•• / Help/Systems Holdings, Inc.	term loan second lien	$4.6M	$2.9M 62c	12.74% PIK 9.00%	May 1, 2029
F• W••••••••• B•••••••• L••	term loan first lien	$2.8M	$2.8M 100c	S+500 bp	Dec 1, 2029
F• W••••••••• B•••••••• L••	term loan first lien	$2.8M	$2.8M 100c	S+500 bp	Dec 1, 2029
F••••••• A••••••••• C•••• I••.	term loan first lien	$2.8M	$2.8M 100c	S+450 bp	Feb 1, 2032
T•••••• A•• C••••••••• H••••••• C•••••••••	term loan first lien	$2.8M	$2.8M 100c	S+425 bp	Jun 1, 2029
P••• B•••• Elk (Equity) LLC	subordinated debt unsecured or subordinated	n/a	$2.8M 19c
P••• B•••• Elk (Equity) LLC	subordinated debt unsecured or subordinated	$14.5M	$2.8M 19c
F• W••••••••• B•••••••• L••	term loan first lien	$2.7M	$2.7M 101c	S+500 bp	Dec 1, 2029
D••• D••••• H••••••• L••	term loan first lien	$3.0M	$2.7M 90c	S+575 bp	Aug 1, 2027
I• I••••••••• H•••••••• L••	term loan first lien	$2.5M	$2.5M 100c	S+500 bp	Sep 1, 2028
J••••••••• T••••, L.P.	equity equity	n/a	$2.5M 100c
Consumer Products \| Subordinated Consumer Products	subordinated debt unsecured or subordinated	$2.4M	$2.4M 100c	12.88% PIK 9.00%	Dec 1, 2031
R•• H•••••••• L••	term loan first lien	$4.1M	$2.4M 58c	S+500 bp	Jul 1, 2028
V•••• B••••. Inc.	term loan first lien	$2.3M	$2.2M 98c	S+450 bp	Nov 1, 2031
N•••••• H•••••• C••••••	term loan first lien	$2.2M	$2.2M 101c	S+550 bp	Mar 1, 2031
A••••••••• I••.	term loan first lien	$2.0M	$2.0M 100c	S+650 bp	Jul 1, 2028
Mai Capital Management I••••••••• LLC	term loan first lien	$1.9M	$1.9M 101c	S+475 bp	Aug 1, 2031
R•••••••• I••.	term loan first lien	$2.0M	$1.8M 101c	S+375 bp	Apr 1, 2028
N•• A•• B•••• L••	term loan first lien	$1.8M	$1.8M 100c	S+550 bp	Jun 1, 2031
S••••• H••••••• H••••••• C•••••••••	equity equity	n/a	$1.8M 16c
P•• T• H•••••••• I••.	term loan first lien	$1.8M	$1.7M 96c	S+550 bp	Feb 1, 2031
N•• A•• B•••• L••	term loan first lien	$1.7M	$1.7M 100c	S+313 bp PIK 3.13%	Jun 1, 2031
N• T••••• L••	term loan first lien	$1.7M	$1.7M 99c	S+450 bp	Sep 1, 2031
C••••• H••••• S••••••••• I••.	term loan first lien	$13.1M	$1.6M 13c	S+131 bp PIK 3.94%	Jul 1, 2029
E•••••• T••••, Inc.	preferred equity equity	n/a	$1.6M 101c	12.50% PIK 12.50%
P•••••• T•••• I, L.P.	equity equity	n/a	$1.6M 80c
D•••, MSO, LLC	term loan first lien	$1.6M	$1.6M 100c	S+500 bp	Jun 1, 2028
B••••••• L••	term loan first lien	$1.6M	$1.6M 98c	S+475 bp	Mar 1, 2032
F••••• S•••••••• G••••• L••	term loan first lien	$1.6M	$1.6M 101c	S+550 bp	Oct 1, 2028
N•• A•• B•••• L••	subordinated debt unsecured or subordinated	$1.5M	$1.5M 100c	10.00% PIK 10.00%	Jun 1, 2032
C•••••••• P••••••••• G•••• L••	term loan first lien	$1.5M	$1.5M 100c	S+525 bp	Oct 1, 2029
D•• M•••• C•••	term loan first lien	$1.3M	$1.3M 100c	S+525 bp	Dec 1, 2031
A•••• A• B•••• P•• L••	term loan first lien	$1.3M	$1.3M 99c	S+450 bp	Dec 1, 2029
C•••••••• M••••••••• H••••••• M•••• 2• L••	term loan first lien	$1.3M	$1.3M 101c	S+500 bp	Nov 1, 2031
C•••• H•••••••• L••	term loan first lien	$1.3M	$1.3M 99c	S+525 bp	Feb 1, 2030
B•••• T•••• A••••••• G••••• L•	term loan first lien	$1.3M	$1.2M 99c	S+425 bp	Jun 1, 2031
B•••• T•••• A••••••• G••••• L•	term loan first lien	$1.2M	$1.2M 99c	S+425 bp	Jun 1, 2031
F•••• C•••• Inc. (fka Idera, Inc.)	term loan second lien	$1.9M	$1.2M 62c	S+675 bp	Mar 1, 2029
K••• H•••••• I••.	term loan first lien	$1.1M	$1.1M 100c	S+450 bp	Feb 1, 2028
K••• H•••••• I••.	term loan first lien	$1.1M	$1.1M 100c	S+450 bp	Feb 1, 2028
D•••• A••••••••• C•••••••••	term loan first lien	$1.1M	$1.1M 99c	S+475 bp	Oct 1, 2028
K•••• A••••••••• I••.	term loan first lien	$1.1M	$1.0M 92c	S+550 bp	Oct 1, 2028
B•••••••• I••.	term loan first lien	$1.0M	$1.0M 99c	S+500 bp	Oct 1, 2029
F••••• S•••••••• G••••• L••	term loan first lien	$967,000	$967,000 100c	S+550 bp	Oct 1, 2028
i••••• I••.	term loan first lien	$1.0M	$959,000 94c	S+575 bp	Aug 1, 2028
D•• T•••• L•	term loan first lien	$957,000	$957,000 100c	S+425 bp PIK 2.25%	Apr 1, 2031
P••••• C••• C••••••• L••	term loan first lien	$1.1M	$957,000 87c	S+600 bp	Nov 1, 2029

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Registration

Fiscal year end: 1231reported
Incorporated: X1reported
On the SEC BDC report: 2012 to 2026reported
Filings listed: 19reported10-Q and 10-K since 2022
Former names: New Mountain Guardian Corpreported
Latest schedule: 0001496099-26-000029reported