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.

BDC portfolio

AG Twin Brook BDC, Inc.

BDCnon-tradedCIK 1666384file 814-01259NEW YORK, NYmanaged by AG TWIN BROOK MANAGER, LLC
Fair value
$184M
as of Mar 31, 2023
Principal held
$200M
debt pieces, the filer's figure
Cost
$183M
101c on cost
Unfunded
$21.4M
commitments not yet drawn
Positions
526
150 borrowers
First lien
95%
95% debt by fair value
Quarters on the tape
2
since Dec 31, 2022
Facilities held
0
0 sponsors financed
Portfolio through time
Fair value by quarter end$184M as of Mar 31, 2023
Dec 31, 2022$190M then
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Mar 31, 2023$184M15099c2606 bp
Dec 31, 2022$190M150100c2601 bp
Mar 31, 2022n/a2n/a0n/a
Dec 31, 2021n/a2n/a0n/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
Every position change, including routine ones
Largest facilities held, with co-lenders
    Schedule of investments at Mar 31, 2023
    526 positions
    BorrowerInstrumentPrincipalFair valueRateMaturity
    Twin Brook Equity Holdings, LLC, Equityequity equityn/a$9.6M
    136c
    ShiftKey, LLCterm loan first lien$3.7M$3.7M
    101c
    S+575 bp
    SCP ENT and Allergy Services, LLCterm loan first lien$2.8M$2.7M
    100c
    S+575 bp
    Cosmetic Solutions, LLCterm loan first lien$2.8M$2.7M
    97c
    S+650 bp
    Varsity DuvaSawko Operating Corp.term loan first lien$2.5M$2.5M
    100c
    S+625 bp
    Aquatic Sales Solutions, LLCterm loan first lien$2.5M$2.4M
    99c
    S+650 bp
    ALM Media, LLCterm loan first lien$2.4M$2.4M
    100c
    S+600 bp
    The Channel Company, LLCterm loan first lien$2.3M$2.3M
    100c
    S+550 bp
    Copperweld Group, Inc.term loan first lien$2.3M$2.3M
    101c
    S+600 bp
    ASP Global Acquisition, LLCterm loan first lien$2.3M$2.3M
    100c
    S+650 bp
    Affinitiv, Inc.term loan first lien$2.3M$2.2M
    100c
    S+650 bp
    Mattco Forge, Inc.term loan first lien$2.2M$2.1M
    99c
    S+575 bp
    Innovative FlexPak, LLCterm loan first lien$2.9M$2.0M
    70c
    S+700 bp
    Sun Orchard, LLCterm loan first lien$2.1M$2.0M
    100c
    S+525 bp
    Nimlok Company, LLCterm loan first lien$1.9M$1.9M
    100c
    S+550 bp
    USALCO, LLCterm loan first lien$1.9M$1.9M
    100c
    S+600 bp
    ACES Intermediate, LLCterm loan first lien$1.9M$1.9M
    100c
    S+550 bp
    Home Brands Group Holdings, Inc.term loan first lien$1.9M$1.8M
    100c
    S+475 bp
    BBG Intermediate Holdings, Inc.term loan first lien$1.9M$1.8M
    98c
    S+650 bp
    NH Kronos Buyer, Inc.term loan first lien$1.8M$1.8M
    100c
    S+625 bp
    Teel Plastics, LLCterm loan first lien$1.8M$1.8M
    101c
    S+500 bp
    Trademark Global, LLCterm loan first lien$1.9M$1.8M
    96c
    S+750 bp
    Change Academy at Lake of the Ozarks, LLCterm loan first lien$1.8M$1.7M
    100c
    S+525 bp
    RQM Buyer, Inc.term loan first lien$1.7M$1.7M
    101c
    S+575 bp
    Answer Acquisition, LLCterm loan first lien$1.7M$1.7M
    100c
    S+575 bp
    FreshAddress, LLCterm loan first lien$1.7M$1.7M
    100c
    S+550 bp
    Champion Motorsports Group, LLCterm loan first lien$1.7M$1.7M
    100c
    S+625 bp
    Vehicle Accessories, Inc.term loan first lien$1.7M$1.7M
    100c
    S+550 bp
    DNS IMI Acquisition Corpterm loan first lien$1.6M$1.6M
    100c
    S+575 bp
    DealerOn Inc.term loan first lien$1.6M$1.6M
    100c
    S+550 bp
    SASE Company, LLCterm loan first lien$1.6M$1.6M
    100c
    S+600 bp
    Leonard Group, Inc.term loan first lien$1.6M$1.6M
    101c
    S+650 bp
    Empire Equipment Company, LLCterm loan first lien$1.5M$1.5M
    100c
    S+550 bp
    Golden Bear PT Partners, LLCterm loan first lien$1.5M$1.4M
    99c
    S+775 bp
    AHR Intermediate, Incterm loan first lien$1.5M$1.4M
    100c
    S+525 bp
    Alliance Environmental Group, LLCterm loan first lien$1.4M$1.4M
    100c
    S+600 bp
    E-Phoenix Acquisition Co. Inc.term loan first lien$1.4M$1.4M
    100c
    S+575 bp
    ARC Healthcare Technologies, LLCterm loan first lien$1.4M$1.4M
    100c
    S+525 bp
    Banner Buyer, LLCterm loan first lien$1.4M$1.4M
    100c
    S+575 bp
    Southern Orthodontic Partners Management, LLCterm loan first lien$1.4M$1.3M
    101c
    S+600 bp
    Pink Lily Holdings, LLCterm loan first lien$1.4M$1.3M
    100c
    S+650 bp
    Triad Technologies, LLCterm loan first lien$1.4M$1.3M
    100c
    S+600 bp
    Western Veterinary Partners, LLCterm loan first lien$1.3M$1.3M
    101c
    S+625 bp
    Juniper Landscaping Holdings LLCterm loan first lien$1.3M$1.3M
    100c
    S+600 bp
    Peak Investment Holdings, LLCterm loan first lien$1.3M$1.3M
    99c
    S+700 bp
    AEP Passion Intermediate Holdings, Inc.term loan first lien$1.3M$1.2M
    99c
    S+650 bp
    SimiTree Acquisition LLCterm loan first lien$1.2M$1.2M
    100c
    S+675 bp
    Silver Falls MSO, LLCterm loan first lien$1.3M$1.2M
    95c
    S+675 bp
    Diamondback Buyer, LLCterm loan first lien$1.2M$1.2M
    101c
    S+550 bp
    Vanguard Packaging, LLCterm loan first lien$1.2M$1.2M
    100c
    S+500 bp
    Hydromax USA, LLCterm loan first lien$1.2M$1.2M
    97c
    S+675 bp
    Propio LS, LLCterm loan first lien$1.2M$1.2M
    100c
    S+550 bp
    Green Monster Acquisition, LLCterm loan first lien$1.2M$1.2M
    100c
    S+550 bp
    Franchise Fastlane, LLCterm loan first lien$1.2M$1.1M
    100c
    S+550 bp
    Infolinks Media Buyco, LLCterm loan first lien$1.1M$1.1M
    100c
    S+550 bp
    Edko Acquisition, LLCterm loan first lien$1.1M$1.1M
    100c
    S+575 bp
    Main Street Gourmet, LLCterm loan first lien$1.1M$1.1M
    100c
    S+525 bp
    Advanced Lighting Acquisition, LLCterm loan first lien$1.1M$1.1M
    101c
    S+500 bp
    Aptitude Health Holdings, LLCterm loan first lien$1.1M$1.1M
    100c
    S+525 bp
    PHGP MB Purchaser, Inc.term loan first lien$1.1M$1.1M
    100c
    S+600 bp
    Double E Company, LLCterm loan first lien$1.0M$1.0M
    100c
    S+600 bp
    Kalkomey Enterprises, LLCterm loan first lien$1.0M$1.0M
    100c
    S+675 bp
    Revival Animal Health, LLCterm loan first lien$1.0M$1.0M
    100c
    S+650 bp
    HLSG Intermediate, LLCterm loan first lien$1.0M$992,000
    100c
    S+650 bp
    Pentec Acquisition Corp.term loan first lien$993,000$985,000
    101c
    S+600 bp
    United Land Services Opco Parent, LLCdelayed draw term loan first lien$1.1M$984,000
    100c
    S+600 bp
    Millennia Patient Services, LLCterm loan first lien$988,000$976,000
    100c
    S+650 bp
    EH Management Company, LLCterm loan first lien$968,000$955,000
    100c
    S+550 bp
    Community Care Partners, LLCterm loan first lien$951,000$944,000
    100c
    S+600 bp
    Sage Dental Management, LLCterm loan first lien$944,000$940,000
    100c
    S+575 bp
    50Floor, LLCterm loan first lien$953,000$939,000
    100c
    S+725 bp
    Geriatric Medical and Surgical Supply, LLCterm loan first lien$941,000$929,000
    100c
    S+600 bp
    MetaSource, LLCterm loan first lien$934,000$928,000
    100c
    S+625 bp
    Beacon Oral Specialists Management LLCterm loan first lien$936,000$926,000
    100c
    S+650 bp
    Abrasive Technology Intermediate, LLCterm loan first lien$933,000$922,000
    100c
    S+625 bp
    Shearer Supply, LLCterm loan first lien$922,000$922,000
    102c
    S+425 bp
    Highland Acquisition, Inc.term loan first lien$935,000$920,000
    100c
    S+525 bp
    Mad Rose Company, LLCterm loan first lien$928,000$918,000
    100c
    S+625 bp
    Bio Agri Mix Holdings Inc.term loan first lien$1.2M$906,000
    93c
    S+575 bp
    ISSA, LLCterm loan first lien$920,000$906,000
    100c
    S+625 bp
    RTP Acquisition, LLCterm loan first lien$915,000$899,000
    100c
    S+650 bp
    Vital Care Buyer, LLCterm loan first lien$905,000$897,000
    100c
    S+525 bp
    Storm Smart Buyer LLCterm loan first lien$906,000$895,000
    100c
    S+600 bp
    MRC Keeler Acquisition, LLCterm loan first lien$904,000$895,000
    100c
    S+575 bp
    626 Holdings Equity, LLCterm loan first lien$882,000$868,000
    100c
    S+600 bp
    SimiTree Acquisition LLCdelayed draw term loan first lien$876,000$867,000
    101c
    S+675 bp
    BCI Burke Holding Corp.term loan first lien$872,000$863,000
    100c
    S+550 bp
    MacNeill Pride Group Corp.term loan first lien$865,000$861,000
    100c
    S+650 bp
    Southeast Primary Care Partners, LLCterm loan first lien$860,000$847,000
    100c
    S+625 bp
    Kaizen Auto Care, LLCterm loan first lien$857,000$845,000
    100c
    S+650 bp
    Signature Dental Partners LLCterm loan first lien$859,000$844,000
    100c
    S+625 bp
    Hultec Buyer, LLCterm loan first lien$855,000$829,000
    100c
    S+625 bp
    Benefit Plan Administrators of Eau Claire, LLCterm loan first lien$822,000$812,000
    100c
    S+550 bp
    Stax Holding Company, LLCterm loan first lien$815,000$807,000
    100c
    S+500 bp
    Load One Purchaser Corporationterm loan first lien$808,000$795,000
    100c
    S+600 bp
    Steel City Wash, LLCterm loan first lien$792,000$782,000
    100c
    S+625 bp
    Starwest Botanicals Acquisition, LLCterm loan first lien$805,000$768,000
    97c
    S+525 bp
    Nelson Name Plate Companyterm loan first lien$766,000$756,000
    100c
    S+550 bp
    Nimlok Company, LLCterm loan first lien$757,000$748,000
    100c
    S+550 bp
    AFC Industries, Inc.term loan first lien$765,000$746,000
    99c
    S+625 bp
    Page 1 of 6Next
    Registration
    Fiscal year end
    1231reported
    Incorporated
    DEreported
    On the SEC BDC report
    2018 to 2023reported
    Filings listed
    6reported10-Q and 10-K since 2022
    Former names
    1889 BDC, Increported
    Latest schedule
    0001666384-23-000008reported