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.
BDC portfolio
AG Twin Brook BDC, Inc.
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
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Mar 31, 2023 | $184M | 150 | 99c | 2 | 606 bp |
| Dec 31, 2022 | $190M | 150 | 100c | 2 | 601 bp |
| Mar 31, 2022 | n/a | 2 | n/a | 0 | n/a |
| Dec 31, 2021 | n/a | 2 | 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
- Marked down (one lender)Mar 31, 2023
- Marked down (one lender)Mar 31, 2023
- Marked down (one lender)Mar 31, 2023
- Marked down (one lender)Mar 31, 2023
- Marked down (one lender)Mar 31, 2023
- Marked down (one lender)Mar 31, 2023
- Marked down (one lender)Mar 31, 2023
- Marked down (one lender)Mar 31, 2023
- Marked down (one lender)Mar 31, 2023
- Marked down (one lender)Mar 31, 2023
- Marked down (one lender)Mar 31, 2023
- Marked down (one lender)Mar 31, 2023
- Marked down (one lender)Mar 31, 2023
- Marked down (one lender)Mar 31, 2023
- Spread increasedMar 31, 2023
- Spread increasedMar 31, 2023
- Spread increasedMar 31, 2023
- Spread increasedMar 31, 2023
- Spread increasedMar 31, 2023
- Spread increasedMar 31, 2023
Largest facilities held, with co-lenders
Schedule of investments at Mar 31, 2023
526 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| Reliable Medical Supply LLC | term loan first lien | $749,000 | $741,000 101c | S+700 bp | |
| Universal Pure, LLC | term loan first lien | $758,000 | $739,000 100c | S+600 bp | |
| SCA Buyer, LLC | term loan first lien | $755,000 | $737,000 100c | S+650 bp | |
| Rose Paving, LLC | term loan first lien | $749,000 | $733,000 100c | S+575 bp | |
| Gold Medal Holdings, Inc. | term loan first lien | $722,000 | $716,000 100c | S+700 bp | |
| SAMGI Buyer, Inc. | term loan first lien | $718,000 | $711,000 100c | S+550 bp | |
| Altamira Material Solutions, LP | term loan first lien | $720,000 | $710,000 100c | S+550 bp | |
| Montway LLC | term loan first lien | $714,000 | $704,000 100c | S+625 bp | |
| Engelman Baking Co., LLC | term loan first lien | $711,000 | $702,000 100c | S+550 bp | |
| Soccer Post Acquisition, LLC | term loan first lien | $703,000 | $694,000 100c | S+550 bp | |
| Brightview, LLC | term loan first lien | $691,000 | $685,000 101c | S+575 bp | |
| Beacon Oral Specialists Management LLC | delayed draw term loan first lien | $686,000 | $679,000 100c | S+650 bp | |
| Icelandirect, LLC | term loan first lien | $683,000 | $674,000 100c | S+600 bp | |
| ITSavvy LLC | term loan first lien | $674,000 | $670,000 100c | S+525 bp | |
| Montway LLC | delayed draw term loan first lien | $673,000 | $664,000 100c | S+625 bp | |
| Endodontic Practice Partners, LLC | term loan first lien | $660,000 | $649,000 100c | S+575 bp | |
| P and R Dental Strategies, LLC | term loan first lien | $652,000 | $642,000 100c | S+600 bp | |
| SIMKO Merger Sub, LLC | term loan first lien | $653,000 | $641,000 100c | S+700 bp | |
| EMSAR Acquisition LLC | term loan first lien | $637,000 | $628,000 100c | S+650 bp | |
| Exclusive Concepts, LLC | term loan first lien | $625,000 | $616,000 100c | S+600 bp | |
| Apex Dental Partners, LLC | term loan first lien | $620,000 | $614,000 100c | S+650 bp | |
| Southern Sports Medicine Partners, LLC | term loan first lien | $636,000 | $611,000 97c | S+600 bp | |
| Behavior Frontiers, LLC | term loan first lien | $657,000 | $605,000 94c | S+750 bp | |
| PPW Acquisition, LLC | term loan first lien | $603,000 | $588,000 99c | S+675 bp | |
| Peak Dental Services, LLC | term loan first lien | $584,000 | $577,000 100c | S+675 bp | |
| Banner Buyer, LLC | delayed draw term loan first lien | $568,000 | $567,000 101c | S+575 bp | |
| Domino Equipment Company, LLC | term loan first lien | $573,000 | $565,000 100c | S+625 bp | |
| ASP Global Acquisition, LLC | delayed draw term loan first lien | $561,000 | $551,000 99c | S+650 bp | |
| Qin's Buffalo, LLC | term loan first lien | $535,000 | $527,000 100c | S+575 bp | |
| Peak Dental Services, LLC | delayed draw term loan first lien | $523,000 | $516,000 100c | S+675 bp | |
| Guardian Dentistry Practice Management, LLC | term loan first lien | $519,000 | $514,000 101c | S+650 bp | |
| ASC Ortho Management, LLC | term loan first lien | $517,000 | $510,000 100c | S+600 bp | |
| Western Veterinary Partners, LLC | delayed draw term loan first lien | $506,000 | $500,000 100c | S+625 bp | |
| AvCarb, LLC | term loan first lien | $493,000 | $487,000 100c | S+600 bp | |
| Dykstra's Auto, LLC | term loan first lien | $490,000 | $483,000 100c | S+575 bp | |
| AM Buyer, LLC | term loan first lien | $472,000 | $469,000 100c | S+675 bp | |
| Formulated Buyer, LLC | term loan first lien | $460,000 | $453,000 100c | S+525 bp | |
| MacNeill Pride Group Corp. | delayed draw term loan first lien | $499,000 | $452,000 100c | S+650 bp | |
| Raneys, LLC | term loan first lien | $452,000 | $443,000 100c | S+600 bp | |
| Apex Dental Partners, LLC | delayed draw term loan first lien | $444,000 | $439,000 100c | S+650 bp | |
| NutriScience Innovations, LLC | term loan first lien | $434,000 | $429,000 100c | S+700 bp | |
| Spectrum Solutions, LLC | term loan first lien | $477,000 | $426,000 91c | S+600 bp | |
| CCG Acquisition, Inc. | term loan first lien | $424,000 | $420,000 100c | S+600 bp | |
| SCP Beverage Buyer, LLC | term loan first lien | $411,000 | $405,000 100c | S+525 bp | |
| Yard-Nique, Inc | term loan first lien | $404,000 | $400,000 100c | S+600 bp | |
| Medical Technology Associates, Inc. | term loan first lien | $399,000 | $391,000 100c | S+625 bp | |
| Network Partners Acquisition, LLC | term loan first lien | $391,000 | $385,000 100c | S+600 bp | |
| Icreon Holdings, LLC | term loan first lien | $366,000 | $358,000 100c | S+650 bp | |
| Cosmetic Solutions, LLC | delayed draw term loan first lien | $363,000 | $349,000 97c | S+650 bp | |
| Purpose Home Health Acquisition, LLC | term loan first lien | $352,000 | $345,000 100c | S+625 bp | |
| AFC Industries, Inc. | delayed draw term loan first lien | $351,000 | $342,000 99c | S+625 bp | |
| ASC Ortho Management, LLC | delayed draw term loan first lien | $359,000 | $321,000 100c | S+600 bp | |
| Guardian Dentistry Practice Management, LLC | delayed draw term loan first lien | $318,000 | $315,000 101c | S+650 bp | |
| Dermatology Medical Partners OpCo, LLC | term loan first lien | $320,000 | $314,000 100c | S+650 bp | |
| United Land Services Opco Parent, LLC | term loan first lien | $302,000 | $298,000 100c | S+600 bp | |
| Southeast Primary Care Partners, LLC | delayed draw term loan first lien | $297,000 | $292,000 100c | S+625 bp | |
| Endodontic Practice Partners, LLC | delayed draw term loan first lien | $374,000 | $288,000 100c | S+575 bp | |
| SCA Buyer, LLC | delayed draw term loan first lien | $395,000 | $271,000 99c | S+650 bp | |
| CPS HVAC Group, LLC | term loan first lien | $271,000 | $267,000 100c | S+675 bp | |
| Bulk Lift International, LLC | term loan first lien | $258,000 | $252,000 100c | S+675 bp | |
| Innovative FlexPak, LLC | revolver first lien | $627,000 | $247,000 57c | S+700 bp | |
| Agility Intermediate, Inc. | term loan first lien | $241,000 | $233,000 98c | S+675 bp | |
| Custom Agronomics Holdings, LLC | term loan first lien | $235,000 | $231,000 100c | S+650 bp | |
| AvCarb, LLC | delayed draw term loan first lien | $664,000 | $222,000 100c | S+600 bp | |
| BBG Intermediate Holdings, Inc. | revolver first lien | $233,000 | $222,000 98c | S+650 bp | |
| Kaizen Auto Care, LLC | delayed draw term loan first lien | $224,000 | $221,000 100c | S+650 bp | |
| Kaizen Auto Care, LLC | delayed draw term loan first lien | $223,000 | $220,000 100c | S+650 bp | |
| EMSAR Acquisition LLC | delayed draw term loan first lien | $215,000 | $212,000 100c | S+650 bp | |
| Canadian Orthodontic Partners Corp. | delayed draw term loan first lien | $278,000 | $199,000 92c | S+700 bp | |
| Southeast Primary Care Partners, LLC | delayed draw term loan first lien | $224,000 | $198,000 100c | S+625 bp | |
| Canadian Orthodontic Partners Corp. | revolver first lien | $273,000 | $194,000 93c | S+700 bp | |
| Dykstra's Auto, LLC | delayed draw term loan first lien | $186,000 | $183,000 100c | S+575 bp | |
| Aquatic Sales Solutions, LLC | revolver first lien | $188,000 | $178,000 99c | S+650 bp | |
| Guardian Dentistry Practice Management, LLC | delayed draw term loan first lien | $179,000 | $177,000 100c | S+650 bp | |
| IPC Pain Acquistion, LLC | term loan first lien | $177,000 | $175,000 101c | S+600 bp | |
| Exclusive Concepts, LLC | delayed draw term loan first lien | $224,000 | $169,000 100c | S+600 bp | |
| Golden Bear PT Partners, LLC | delayed draw term loan first lien | $174,000 | $168,000 99c | S+775 bp | |
| Starwest Botanicals Acquisition, LLC | revolver first lien | $174,000 | $166,000 97c | S+525 bp | |
| Community Care Partners, LLC | delayed draw term loan first lien | $223,000 | $165,000 101c | S+600 bp | |
| Canadian Orthodontic Partners Corp. | term loan first lien | $229,000 | $164,000 91c | S+700 bp | |
| Empire Equipment Company, LLC | revolver first lien | $439,000 | $153,000 100c | S+550 bp | |
| Hydromax USA, LLC | revolver first lien | $228,000 | $149,000 96c | S+675 bp | |
| Signature Dental Partners LLC | delayed draw term loan first lien | $179,000 | $149,000 101c | S+625 bp | |
| Beacon Oral Specialists Management LLC | delayed draw term loan first lien | $149,000 | $148,000 101c | S+650 bp | |
| 626 Holdings Equity, LLC | delayed draw term loan first lien | $314,000 | $147,000 100c | S+600 bp | |
| Steel City Wash, LLC | delayed draw term loan first lien | $143,000 | $141,000 101c | S+625 bp | |
| Peak Dental Services, LLC | revolver first lien | $133,000 | $131,000 100c | S+675 bp | |
| AFC Industries, Inc. | delayed draw term loan first lien | $128,000 | $125,000 98c | S+625 bp | |
| Silver Falls MSO, LLC | revolver first lien | $235,000 | $125,000 92c | S+675 bp | |
| Formulated Buyer, LLC | delayed draw term loan first lien | $299,000 | $121,000 100c | S+525 bp | |
| Copperweld Group, Inc. | revolver first lien | $462,000 | $120,000 104c | S+600 bp | |
| Southeast Primary Care Partners, LLC | revolver first lien | $225,000 | $119,000 100c | S+625 bp | |
| EMSAR Acquisition LLC | revolver first lien | $134,000 | $118,000 100c | S+650 bp | |
| Hydromax USA, LLC | delayed draw term loan first lien | $112,000 | $106,000 96c | S+675 bp | |
| Canadian Orthodontic Partners Corp. | revolver first lien | $109,000 | $106,000 98c | S+700 bp | |
| 50Floor, LLC | revolver first lien | $199,000 | $106,000 100c | S+725 bp | |
| AFC Industries, Inc. | delayed draw term loan first lien | $106,000 | $103,000 100c | S+625 bp | |
| Nelson Name Plate Company | delayed draw term loan first lien | $119,000 | $102,000 100c | S+550 bp | |
| Trademark Global, LLC | revolver first lien | $115,000 | $99,000 94c | S+750 bp | |
| Southern Orthodontic Partners Management, LLC | revolver first lien | $171,000 | $99,000 102c | S+600 bp |
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