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
C••••••• C•••••• B••• I•••
Fair value
$1.6B
as of Jun 30, 2026
Principal held
$1.5B
debt pieces, the filer's figure
Cost
$1.6B
97c on cost
Unfunded
n/a
commitments not yet drawn
Positions
859
198 borrowers
First lien
91%
94% debt by fair value
Quarters on the tape
15
since Dec 31, 2022
Facilities held
509
49 sponsors financed
Portfolio through time
Fair value by quarter end$1.6B as of Jun 30, 2026
Dec 31, 2022$6.3B then
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2026 | $1.6B | 198 | 97c | 57 | 555 bp |
| Mar 31, 2026 | $1.6B | 199 | 97c | 55 | 556 bp |
| Dec 31, 2025 | $1.7B | 192 | 98c | 64 | 523 bp |
| Sep 30, 2025 | $1.6B | 195 | 98c | 57 | 562 bp |
| Jun 30, 2025 | $1.6B | 193 | 98c | 66 | 525 bp |
| Mar 31, 2025 | $9.7B | 197 | 98c | 74 | 530 bp |
| Dec 31, 2024 | $10B | 199 | 98c | 156 | 587 bp |
| Sep 30, 2024 | $9.5B | 186 | 99c | 71 | 587 bp |
| Jun 30, 2024 | $9.6B | 186 | 99c | 45 | 591 bp |
| Mar 31, 2024 | $9.3B | 189 | 99c | 49 | 603 bp |
| Dec 31, 2023 | $9.4B | 190 | 99c | 12 | 598 bp |
| Sep 30, 2023 | $9.3B | 193 | 98c | 38 | 598 bp |
| Jun 30, 2023 | $7.8B | 192 | 98c | 18 | 596 bp |
| Mar 31, 2023 | $6.2B | 190 | 97c | 28 | 595 bp |
| Dec 31, 2022 | $6.3B | 130 | 97c | 24 | 591 bp |
| Sep 30, 2022 | 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
- Repeat sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
Largest facilities held, with co-lenders
- V•••••• A•• P•• L•• first lien term loan10 BDCs hold it · matures Mar 31, 2028$33.5M 95c
- R•••• N•••••••• L•• first lien term loan1 BDC hold it · matures May 31, 2029$23.8M 100c
- I•• H••••• M••••• S••• I•• first lien term loan3 BDCs hold it · matures Jun 30, 2030 · L••••• C•••••• P•••••••$23.6M 103c
- S••••• B••••••• I•• first lien term loan19 BDCs hold it · matures Dec 1, 2031 · V•••• E••••• P••••••• M••••••••• L••$22.0M 100c
- N•••••• L••••••••• first lien delayed draw term loan1 BDC hold it · matures Jun 30, 2028 · A•• S••• C••••••$21.4M 103c
- M•• S••••••• L•• first lien term loan36 BDCs hold it · matures Feb 29, 2028$20.6M 98c
- K•••• I•• first lien term loan9 BDCs hold it · matures Nov 30, 2032$20.6M 100c
- I•••••••• M•••••••• A••••••••• L•• first lien term loan45 BDCs hold it · matures Aug 31, 2028 · S••••• L••• T••••••••• M••••••••• L••$19.9M 100c
- S•••••• A• first lien term loan2 BDCs hold it · matures Feb 29, 2032$19.0M 115c
- C•• A•••••••• first lien term loan2 BDCs hold it · matures May 31, 2030$18.1M 101c
- P•••••• A••••••••• T•••• S•••••• first lien delayed draw term loan3 BDCs hold it · matures Jan 31, 2028$17.7M 101c
- H•••••• C••• B••••• I•• first lien term loan2 BDCs hold it · matures Mar 31, 2028 · B•••••••• E••••• P••••••• L••$17.4M 100c
Schedule of investments at Jun 30, 2026
859 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| I••••••••• P••• M••••••••• M•••••• G••••• I••. H••••• C••• E•••••••• & S••••••s | revolver first lien | $442,000 | $426,000 96c | SOFR+650 bp | Dec 31, 2026 |
| J••• B••••• I••. Commercial & Professional S••••••s | delayed draw term loan first lien | $419,000 | $412,000 100c | SOFR+475 bp | Dec 31, 2030 |
| P• B••••• L•• Diversified Financials | delayed draw term loan first lien | $433,000 | $412,000 96c | SOFR+500 bp | Aug 31, 2032 |
| C•••••• III, LLC S••••••• & S••••••s | revolver first lien | $413,000 | $412,000 100c | SOFR+625 bp | Dec 31, 2028 |
| T•• H••• G••••• L•• (5) Insurance | revolver first lien | $411,000 | $409,000 103c | SOFR+475 bp | Oct 31, 2031 |
| BVI M•••••• Inc. H••••• C••• E•••••••• & S••••••s | equity equity | n/a | $404,000 36c | ||
| M•• A••••••••• H•••••••• L•• Commercial & Professional S••••••s | subordinated debt unsecured or subordinated | $481,000 | $399,000 83c | 13.50% PIK 13.50% | Mar 31, 2027 |
| N•• C••••••• Commercial & Professional S••••••s | term loan first lien | $399,000 | $399,000 100c | SOFR+525 bp | Oct 31, 2030 |
| F••••••• F•••••••• S••• F••• L• Diversified Financials | equity equity | n/a | $395,000 47c | ||
| S••••••• P••••• Pharmaceuticals, Biotechnology & Life Sciences | equity equity | n/a | $393,000 96c | ||
| L••••••••• B••••••••• H••••• S••••••••• L•• H••••• C••• E•••••••• & S••••••s | delayed draw term loan first lien | $466,000 | $392,000 84c | SOFR+650 bp PIK 0.75% | Mar 31, 2028 |
| D••••••• S••••••• & S••••••s | delayed draw term loan first lien | $397,000 | $392,000 99c | SOFR+575 bp | Jan 31, 2029 |
| N•• E•• T••••••••• I••. S••••••• & S••••••s | preferred equity equity | n/a | $383,000 8c | ||
| E•••••••• B••••••• I••. Insurance | term loan first lien | $387,000 | $383,000 100c | SOFR+475 bp | Apr 30, 2030 |
| H•••••• C••• B••••• I••. H••••• C••• E•••••••• & S••••••s | term loan first lien | $381,000 | $381,000 101c | SOFR+650 bp | Mar 31, 2028 |
| A••••• S•••••••• A••••••••• I••. (9) Materials | term loan first lien | $4.0M | $376,000 12c | Dec 31, 2027 | |
| L••••••••• D•••••• • E••••••••• I••. Energy | term loan second lien | $375,000 | $375,000 100c | 12.00% | Mar 31, 2031 |
| E•••••••• S••••••• H•••••• C••••••••• Diversified Financials | revolver first lien | $409,000 | $374,000 93c | SOFR+500 bp | Jun 30, 2031 |
| O•••• S•••••• I••••••••• H•••••••• I••. S••••••• & S••••••s | delayed draw term loan first lien | $378,000 | $362,000 97c | SOFR+500 bp | Jan 31, 2031 |
| PPV I••••••••• Holdings LLC (Vetcor) Consumer S••••••s | subordinated debt unsecured or subordinated | $372,000 | $358,000 101c | 14.75% PIK 14.75% | Aug 31, 2030 |
| J••• R•••• H•••• L•• Consumer S••••••s | delayed draw term loan first lien | $357,000 | $357,000 100c | SOFR+475 bp | Feb 28, 2029 |
| B••••• F•••••• (Texas) Inc. Consumer S••••••s | revolver first lien | $402,000 | $357,000 89c | SOFR+650 bp PIK 0.50% | Jul 31, 2028 |
| P•••••• A••••••••• T•••• S•••••• H••••• C••• E•••••••• & S••••••s | term loan first lien | $356,000 | $356,000 101c | SOFR+475 bp | Jan 31, 2028 |
| American R••••••••• Commercial & Professional S••••••s | term loan first lien | $350,000 | $350,000 100c | SOFR+625 bp | May 31, 2027 |
| M•••• P••••••••• L•• Consumer S••••••s | revolver first lien | $411,000 | $348,000 87c | SOFR+600 bp PIK 2.00% | Apr 30, 2029 |
| G• E•••• B••••• I••. Capital Goods | delayed draw term loan first lien | $333,000 | $336,000 101c | SOFR+450 bp | Dec 31, 2030 |
| H•• P••••••••• I••. Consumer S••••••s | equity equity | n/a | $334,000 80c | ||
| I••• B••••• L•• Commercial & Professional S••••••s | equity equity | n/a | $332,000 | ||
| F••• S•••••• P••••••• I••••••••• H••••• L•• Commercial & Professional S••••••s | revolver first lien | $331,000 | $331,000 102c | SOFR+500 bp | Nov 30, 2030 |
| A••• I•••• I•••••••• I• L•• Diversified Financials | equity equity | n/a | $330,000 124c | ||
| I••••••••• P••• M••••••••• M•••••• G••••• I••. H••••• C••• E•••••••• & S••••••s | delayed draw term loan first lien | $333,000 | $321,000 96c | SOFR+650 bp | Dec 31, 2026 |
| D••••••• L•• Commercial & Professional S••••••s | revolver first lien | $321,000 | $319,000 101c | SOFR+475 bp | Jun 30, 2030 |
| R•• B••••••••• H•••••• L•• H••••• C••• E•••••••• & S••••••s | revolver first lien | $314,000 | $314,000 104c | SOFR+475 bp | Dec 31, 2030 |
| C••• S••••• P••••••• F•••••••• L•• Diversified Financials | delayed draw term loan first lien | $309,000 | $309,000 104c | SOFR+475 bp | May 31, 2031 |
| BVI M•••••• Inc. H••••• C••• E•••••••• & S••••••s | delayed draw term loan first lien | $335,000 | $305,000 92c | SOFR+625 bp PIK 5.00% | Mar 31, 2032 |
| M•• S••••••• L•• (5) S••••••• & S••••••s | revolver first lien | $386,000 | $301,000 79c | SOFR+475 bp | Feb 29, 2028 |
| I••• B••••• L•• Commercial & Professional S••••••s | term loan first lien | $300,000 | $300,000 101c | SOFR+525 bp | Oct 31, 2030 |
| C••••• C••••••••• L•• Commercial & Professional S••••••s | delayed draw term loan first lien | $297,000 | $297,000 100c | SOFR+500 bp | Feb 28, 2031 |
| R••••••••• S••••••••• I••. Commercial & Professional S••••••s | revolver first lien | $290,000 | $290,000 100c | Prime+450 bp | Jun 30, 2027 |
| T••• A••••••••• C••• I•• Pharmaceuticals, Biotechnology & Life Sciences | term loan first lien | $288,000 | $288,000 100c | SOFR+625 bp | Sep 30, 2028 |
| S••••• I••••••••• G••••• I••. S••••••• & S••••••s | delayed draw term loan first lien | $314,000 | $287,000 92c | SOFR+450 bp | Dec 31, 2030 |
| B•••••• I••. S••••••• & S••••••s | term loan first lien | $284,000 | $283,000 100c | SOFR+525 bp | Apr 30, 2027 |
| E•••••••• S••••• S•••••••• L•• Consumer S••••••s | revolver first lien | $290,000 | $279,000 96c | SOFR+550 bp | Nov 30, 2027 |
| O••••• L••••• G••••• L•• (5) Materials | delayed draw term loan first lien | $259,000 | $259,000 100c | SOFR+500 bp | Dec 31, 2029 |
| U•• A•••••••• I••. Commercial & Professional S••••••s | revolver first lien | $253,000 | $252,000 103c | SOFR+475 bp | Nov 30, 2031 |
| H•••••••• B••••• I••. H••••• C••• E•••••••• & S••••••s | equity equity | n/a | $251,000 122c | ||
| S•••• D••••• S•••••• L•• H••••• C••• E•••••••• & S••••••s | revolver first lien | $342,000 | $250,000 74c | SOFR+700 bp PIK 4.00% | Jun 30, 2028 |
| D••••••• S••••••• & S••••••s | revolver first lien | $252,000 | $248,000 99c | SOFR+575 bp | Jan 31, 2029 |
| H••• B••••• I••. Commercial & Professional S••••••s | revolver first lien | $243,000 | $247,000 105c | SOFR+600 bp | Feb 28, 2029 |
| M•• D••••• H••••• C••• E•••••••• & S••••••s | delayed draw term loan first lien | $244,000 | $244,000 102c | SOFR+550 bp | Feb 28, 2031 |
| A••• A••••••••• L•• S••••••• & S••••••s | revolver first lien | $240,000 | $240,000 101c | SOFR+550 bp | Jul 31, 2027 |
| M•• M••••••••• L•• (United Derm) H••••• C••• E•••••••• & S••••••s | revolver first lien | $240,000 | $240,000 102c | SOFR+500 bp | Jun 30, 2027 |
| N•• C••••••• Commercial & Professional S••••••s | revolver first lien | $225,000 | $225,000 102c | SOFR+525 bp | Oct 31, 2030 |
| M•• A••••••••• H•••••••• L•• Commercial & Professional S••••••s | delayed draw term loan first lien | $215,000 | $215,000 101c | SOFR+600 bp | Jul 31, 2027 |
| O••• O••••••••• M••••••••• C••••••••• L•• H••••• C••• E•••••••• & S••••••s | subordinated debt unsecured or subordinated | $301,000 | $212,000 70c | Feb 28, 2027 | |
| O••• O••••••••• M••••••••• C••••••••• L•• H••••• C••• E•••••••• & S••••••s | equity equity | n/a | $202,000 100c | ||
| T••••••••• I••••••• L•• S••••••• & S••••••s | revolver first lien | $197,000 | $197,000 100c | SOFR+700 bp PIK 10.70% | Jan 31, 2029 |
| American R••••••••• Commercial & Professional S••••••s | term loan first lien | $196,000 | $196,000 100c | SOFR+640 bp | May 31, 2027 |
| W•••••• H••••••• L•• S••••••• & S••••••s | term loan first lien | $188,000 | $189,000 101c | SOFR+550 bp | Dec 31, 2026 |
| M•••• P••••••••• L•• Consumer S••••••s | equity equity | n/a | $184,000 18c | ||
| W••••• G•••• L•• Consumer S••••••s | equity equity | n/a | $181,000 270c | ||
| U•• H••••••• E••••••• I•• Consumer S••••••s | revolver first lien | $180,000 | $180,000 103c | SOFR+525 bp | Nov 30, 2029 |
| P••••• B•••• L•• (PathGroup) H••••• C••• E•••••••• & S••••••s | delayed draw term loan first lien | $176,000 | $176,000 100c | SOFR+625 bp PIK 6.25% | Mar 31, 2027 |
| N•• E•• T••••••••• I••. S••••••• & S••••••s | revolver first lien | $171,000 | $171,000 100c | SOFR+625 bp | Jun 30, 2030 |
| P••••••• S••••• • E•••••••• C•••••• Capital Goods | delayed draw term loan first lien | $169,000 | $164,000 97c | SOFR+550 bp | Apr 30, 2030 |
| B•••••• I••. S••••••• & S••••••s | revolver first lien | $163,000 | $162,000 97c | SOFR+525 bp | Apr 30, 2027 |
| R••••••••• S••••••••• I••. Commercial & Professional S••••••s | revolver first lien | $160,000 | $160,000 100c | Prime+500 bp | Jun 30, 2027 |
| P••••• B•••• L•• (PathGroup) H••••• C••• E•••••••• & S••••••s | delayed draw term loan first lien | $295,000 | $159,000 57c | May 31, 2029 | |
| G•••••• L•• T•••••••••, Hardware & E•••••••• | revolver first lien | $1.3M | $151,000 12c | May 31, 2026 | |
| B•••••• I••. S••••••• & S••••••s | revolver first lien | $150,000 | $150,000 100c | SOFR+525 bp | Apr 30, 2027 |
| L••••••••• B••••• I••. H••••• C••• E•••••••• & S••••••s | revolver first lien | $150,000 | $145,000 100c | SOFR+475 bp | Feb 29, 2032 |
| PPV I••••••••• Holdings LLC (Vetcor) Consumer S••••••s | equity equity | n/a | $142,000 45c | ||
| M•••••• I• (5) S••••••• & S••••••s | revolver first lien | $138,000 | $137,000 106c | SOFR+500 bp | Jun 30, 2032 |
| G• P••••• H••••••• I••. Commercial & Professional S••••••s | revolver first lien | $153,000 | $136,000 96c | SOFR+525 bp | May 31, 2029 |
| American R••••••••• Commercial & Professional S••••••s | delayed draw term loan first lien | $124,000 | $124,000 100c | SOFR+625 bp | May 31, 2027 |
| S••••••• P••••• Pharmaceuticals, Biotechnology & Life Sciences | preferred equity equity | n/a | $117,000 118c | ||
| S••• G••••• L•••••••• N••••••• L•• Commercial & Professional S••••••s | term loan first lien | $114,000 | $114,000 100c | SOFR+1050 bp PIK 9.50% | Nov 30, 2029 |
| B•••••• O•••• L•• H••••• C••• E•••••••• & S••••••s | revolver first lien | $113,000 | $113,000 100c | SOFR+725 bp | May 31, 2027 |
| E•• B••••• I••. H••••• C••• E•••••••• & S••••••s | revolver first lien | $110,000 | $110,000 102c | SOFR+525 bp | Nov 30, 2027 |
| i••••••• L•• Diversified Financials | revolver first lien | $108,000 | $108,000 100c | SOFR+750 bp PIK 1.00% | Dec 31, 2028 |
| M••••••• C••••••••• Commercial & Professional S••••••s | preferred equity equity | n/a | $104,000 142c | ||
| A•••••• A••••••••• B••. Commercial & Professional S••••••s | delayed draw term loan first lien | $90,000 | $103,000 98c | EURIBOR+525 bp | Mar 31, 2032 |
| A••••• S•••••••• A••••••••• I••. (9) Materials | term loan first lien | $1.0M | $98,000 12c | Dec 31, 2027 | |
| A••••• B•••• P•• L•• Commercial & Professional S••••••s | equity equity | n/a | $96,000 137c | ||
| O••••• P•••••••• L•• Capital Goods | revolver first lien | $154,000 | $93,000 62c | SOFR+600 bp PIK 4.25% | Jul 31, 2029 |
| M•• A••••••••• H•••••••• L•• Commercial & Professional S••••••s | revolver first lien | $90,000 | $90,000 100c | SOFR+600 bp | Jul 31, 2027 |
| C••••••• I••. S••••••• & S••••••s | equity equity | n/a | $83,000 34c | ||
| H•••••• C••• B••••• I••. H••••• C••• E•••••••• & S••••••s | equity equity | n/a | $81,000 108c | ||
| M•••••• M••• H•••••••• L•• Diversified Financials | revolver first lien | $80,000 | $80,000 101c | SOFR+500 bp | Nov 30, 2028 |
| S• M•••• O• S••••••• & S••••••s | delayed draw term loan first lien | $70,000 | $80,000 96c | EURIBOR+525 bp | Mar 31, 2032 |
| Q••••• H••••• R•••••••• H••••• C••• E•••••••• & S••••••s | revolver first lien | $77,000 | $77,000 103c | SOFR+525 bp | May 31, 2027 |
| O•••• S•••••• I••••••••• H•••••••• I••. S••••••• & S••••••s | revolver first lien | $80,000 | $75,000 97c | SOFR+500 bp | Jan 31, 2031 |
| G•••••• L•• T•••••••••, Hardware & E•••••••• | term loan first lien | $265,000 | $74,000 29c | May 31, 2026 | |
| PPV I••••••••• Holdings LLC (Vetcor) Consumer S••••••s | revolver first lien | $80,000 | $71,000 91c | SOFR+575 bp | Aug 31, 2029 |
| T•• F•••• Capital Goods | revolver first lien | $71,000 | $71,000 100c | SOFR+500 bp | May 31, 2030 |
| BVI M•••••• Inc. H••••• C••• E•••••••• & S••••••s | revolver first lien | $126,000 | $71,000 61c | SOFR+625 bp PIK 5.00% | Mar 31, 2032 |
| O••••• P•••••••• L•• Capital Goods | term loan first lien | $80,000 | $70,000 89c | SOFR+600 bp PIK 4.25% | Jul 31, 2029 |
| J••• R•••• H•••• L•• Consumer S••••••s | revolver first lien | $70,000 | $70,000 103c | Prime+475 bp | Feb 28, 2029 |
| S••••••• R••• A••••••• I•••• L•• T•••••••••, Hardware & E•••••••• | revolver first lien | $67,000 | $67,000 106c | SOFR+450 bp | Sep 30, 2031 |
| M•••••• I• (5) S••••••• & S••••••s | revolver first lien | $66,000 | $66,000 105c | SOFR+500 bp | Jun 30, 2032 |
Registration
- Fiscal year end
- 1231reported
- Incorporated
- MDreported
- On the SEC BDC report
- 2015 to 2026reported
- Filings listed
- 19reported10-Q and 10-K since 2022
- Latest schedule
- 0001193125-26-342351reported