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

G•••• C•••••• B•• 3• I•••

BDCnon-tradedCIK 1715268file 814-01244NEW YORK, NYmanaged by G• A••••••• L••

Fair value

$2.7B

as of Mar 31, 2024

Principal held

$2.6B

debt pieces, the filer's figure

Cost

$2.7B

100c on cost

Unfunded

n/a

commitments not yet drawn

Positions

1,354

319 borrowers

First lien

93%

94% debt by fair value

Quarters on the tape

since Sep 30, 2022

Facilities held

0 sponsors financed

Portfolio through time

Fair value by quarter end$2.7B as of Mar 31, 2024

Sep 30, 2022$2.3B then

Quarter	Fair value	Borrowers	On cost	PIK pos.	Avg spread
Mar 31, 2024	$2.7B	319	99c	135	599 bp
Dec 31, 2023	$2.7B	308	99c	135	604 bp
Sep 30, 2023	$2.6B	291	98c	119	602 bp
Jun 30, 2023	$2.5B	281	99c	97	600 bp
Mar 31, 2023	$2.5B	280	98c	92	599 bp
Sep 30, 2022	$2.3B	271	98c	44	594 bp

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 lender joined a facilityMar 31, 2024
G•••• C•••••• B•• 3• I••• joins P•••••• H••••• H•••••• C••• term loan (first lien) held by 13 other BDCs
Marked down (one lender)Mar 31, 2024
G•••• C•••••• B•• 3• I•••: fair value markdown in H•••• U• L•• (104 to 88 cents on cost)
Marked down (one lender)Mar 31, 2024
G•••• C•••••• B•• 3• I•••: fair value markdown in N••••• I•• (100 to 77 cents on cost)
Marked down (one lender)Mar 31, 2024
G•••• C•••••• B•• 3• I•••: fair value markdown in N•••• H•••• F••••• B••••• L•• (87 to 76 cents on cost)
Marked down (one lender)Mar 31, 2024
G•••• C•••••• B•• 3• I•••: fair value markdown in V••••• C• M•••• L•••••• (87 to 76 cents on cost)
PIK interest increasedMar 31, 2024
G•••• C•••••• B•• 3• I•••: pik increased in I•••••••• C••••••••• (6.00% to 12.57%)
Spread increasedMar 31, 2024
G•••• C•••••• B•• 3• I•••: spread increased in B••••• U• B•••• L•• (6.00% to 6.75%)
Spread increasedMar 31, 2024
G•••• C•••••• B•• 3• I•••: spread increased in J•••••• L•• (5.75% to 6.25%)
Spread increasedMar 31, 2024
G•••• C•••••• B•• 3• I•••: spread increased in P••••• B•••• L•• (5.75% to 6.25%)
Spread increasedMar 31, 2024
G•••• C•••••• B•• 3• I•••: spread increased in W•••••••• E••••••• L•• (5.00% to 5.75%)
Spread increasedMar 31, 2024
G•••• C•••••• B•• 3• I•••: spread increased in P•• T• H•••••••• I•• (4.50% to 5.50%)
PIK interest increasedMar 31, 2024
G•••• C•••••• B•• 3• I•••: pik increased in N•••• H•••• F••••• B••••• L•• (3.75% to 5.00%)
PIK interest appearsMar 31, 2024
G•••• C•••••• B•• 3• I•••: pik added in F•• I••••••••• H•••••• L•• (0.00% to 4.00%)
PIK interest appearsMar 31, 2024
G•••• C•••••• B•• 3• I•••: pik added in B••••• U• B•••• L•• (0.00% to 3.38%)
PIK interest increasedMar 31, 2024
G•••• C•••••• B•• 3• I•••: pik increased in R••••••••• B•••• L•••••• (1.93% to 2.55%)
Maturity extended (observed)Mar 31, 2024
G•••• C•••••• B•• 3• I•••: maturity extended in S•••••• B•••• A••••••••• C• (2026-12-01 to 2027-06-01)
Maturity shortened (observed)Mar 31, 2024
G•••• C•••••• B•• 3• I•••: maturity shortened in S••••••• B•••• O• (2029-07-01 to 2029-04-01)
Maturity extended (observed)Mar 31, 2024
G•••• C•••••• B•• 3• I•••: maturity extended in N•• B•••• G••• (2028-07-01 to 2029-12-01)
Maturity extended (observed)Mar 31, 2024
G•••• C•••••• B•• 3• I•••: maturity extended in M•••••• (2027-09-01 to 2028-09-01)
Maturity extended (observed)Mar 31, 2024
G•••• C•••••• B•• 3• I•••: maturity extended in W•••••••• E••••••• L•• (2027-04-01 to 2029-07-01)

Every position change, including routine ones

Largest facilities held, with co-lenders

Schedule of investments at Mar 31, 2024

1,354 positions

Borrower	Instrument	Principal	Fair value	Rate	Maturity
P•• H•••••••• L••	term loan first lien	$1.2M	$1.2M 101c	S+550 bp	Nov 1, 2027
D••••• M•••• 2• L••	term loan first lien	$1.2M	$1.2M 101c	S+575 bp	Dec 1, 2027
Q•••• B••••• I••.	term loan first lien	$1.2M	$1.2M 99c	S+600 bp	Jun 1, 2029
S•••• B•••• L••••••	term loan first lien	$1.3M	$1.2M 105c	S+475 bp	Aug 1, 2028
Q•••• Q•••• C•• W••• H•••••••• L••	term loan first lien	$1.2M	$1.2M 101c	S+650 bp	Oct 1, 2026
S••••• S•••••••• I••.	preferred equity equity	n/a	$1.2M 143c	S+1050 bp PIK 15.80%
C••••• C•••••••• A••••••• L••	term loan first lien	$1.2M	$1.2M 102c	S+500 bp	Oct 1, 2027
T••••••••• H•••••••• L••	term loan first lien	$1.2M	$1.2M 101c	S+600 bp	Mar 1, 2025
I••••••• O•••••• M•••• I••.	term loan first lien	$1.4M	$1.2M 86c	S+875 bp PIK 7.75%	May 1, 2024
Q•••• Q•••• C•• W••• H•••••••• L••	term loan first lien	$1.2M	$1.2M 101c	S+650 bp	Oct 1, 2026
B••• R•••• P•• C•••• L••	term loan first lien	$1.2M	$1.2M 101c	S+500 bp	Aug 1, 2026
A•• T••••• L••	subordinated debt unsecured or subordinated	$1.3M	$1.2M 93c	PIK 11.50%	Dec 1, 2031
D••••• M•••• 2• L••	term loan first lien	$1.2M	$1.2M 101c	S+575 bp	Dec 1, 2027
D••••• M•••• 2• L••	term loan first lien	$1.2M	$1.2M 101c	S+575 bp	Dec 1, 2027
M••• H•••••••• I••.	term loan first lien	$1.2M	$1.2M 101c	S+500 bp	Dec 1, 2026
H••• B•• B••••• O••••••••• L••	term loan first lien	$1.2M	$1.2M 102c	S+525 bp	Dec 1, 2029
R•••• A•••••••• L••	term loan first lien	$1.2M	$1.2M 99c	S+425 bp	Dec 1, 2024
W• H•••••• I••.	term loan first lien	$1.2M	$1.2M 97c	S+550 bp	Mar 1, 2027
C•• H••••••• A••••••••• I••.	term loan first lien	$1.1M	$1.1M 102c	S+550 bp	Jul 1, 2027
New L••• (Delaware) Corporation and NL1 AcquireCo, Inc.	term loan first lien	$1.2M	$1.1M 97c	S+550 bp	May 1, 2028
C••••• B•••• S••• I••.	term loan first lien	$1.1M	$1.1M 103c	S+600 bp	Oct 1, 2028
I•••••••• C•••••••••	term loan first lien	$1.3M	$1.1M 86c	S+700 bp PIK 12.57%	Sep 1, 2027
C•••••••• C••• P•••••••• L••	term loan first lien	$1.2M	$1.1M 94c	S+600 bp	Jun 1, 2026
A•••• M••••• S•• I••.	term loan first lien	$1.1M	$1.1M 101c	S+525 bp	Apr 1, 2026
I•••••••• M•••••••• A••••••••• L••	term loan first lien	$1.1M	$1.1M 101c	S+602 bp	Aug 1, 2026
K••••••• A••••• P••••••• L••	term loan first lien	$1.1M	$1.1M 101c	S+550 bp	May 1, 2027
S••• E•••••• S••••••• L••	term loan first lien	$1.1M	$1.1M 99c	S+475 bp	Jun 1, 2027
D••••• B•••• L••••••	term loan first lien	$1.1M	$1.1M 102c	S+600 bp	Aug 1, 2030
B••••• B••••• I••.	term loan first lien	$1.1M	$1.1M 100c	S+500 bp	Mar 1, 2028
G•• T••••••••• H•••••••• I••.	term loan first lien	$1.1M	$1.1M 101c	S+688 bp PIK 4.30%	Jul 1, 2029
I•••••• I• I••.	term loan first lien	$1.1M	$1.1M 100c	S+550 bp	Jul 1, 2025
P•••••• A••••••••• I••.	term loan first lien	$1.1M	$1.1M 101c	S+500 bp	Dec 1, 2028
E•• G••••• P••••••• L••	term loan first lien	$1.1M	$1.1M 100c	S+600 bp	Mar 1, 2026
E•••••••• G•••• L••	term loan first lien	$1.1M	$1.1M 97c	S+675 bp	Feb 1, 2027
P••••• C•••••••••	term loan first lien	$1.1M	$1.1M 99c	S+600 bp	Feb 1, 2028
C••• M••••• L••	term loan first lien	$1.1M	$1.1M 100c	S+500 bp	Jan 1, 2026
S•••• B•••• L••••••	term loan first lien	$1.1M	$1.1M 98c	S+475 bp	Aug 1, 2028
B••• H•••••• C••••••• I••.	equity equity	n/a	$1.0M 127c
F•• O•••••• A••••••••• I••. & FYI USA, Inc.	term loan first lien	$1.0M	$1.0M 101c	S+575 bp	Mar 1, 2027
M•• G• H••••••• L••	term loan first lien	$1.0M	$1.0M 99c	S+575 bp	Nov 1, 2026
D•••• A••••••••• C•••••••••^	term loan first lien	$1.0M	$1.0M 99c	S+550 bp	Oct 1, 2028
Q•••• B••••• I••.	term loan first lien	$1.0M	$1.0M 99c	S+600 bp	Jun 1, 2029
I••••••• O•••••• M•••• I••.	term loan first lien	$1.2M	$1.0M 86c	S+875 bp PIK 7.75%	May 1, 2024
P•••• G••• H•••••••• I••.	term loan first lien	$1.0M	$1.0M 100c	S+475 bp	Dec 1, 2030
M•• G• H••••••• L••	term loan first lien	$1.0M	$996,000 99c	S+575 bp	Nov 1, 2026
S•••• L•••• G••••• L••	term loan second lien	$990,000	$990,000 102c	S+900 bp	Sep 1, 2029
A•••••• H••••• I••••••••• Holdings, Inc	preferred equity equity	n/a	$980,000 103c	PIK 11.00%
D••••• M•••• 2• L••	term loan first lien	$975,000	$975,000 101c	S+575 bp	Dec 1, 2027
C••• H•••••••• L••	term loan first lien	$974,000	$973,000 102c	S+575 bp	Dec 1, 2028
R•••••••• I••.	term loan first lien	$1.0M	$958,000 94c	S+575 bp	Apr 1, 2027
C•• H••••••• A••••••••• I••.	term loan first lien	$964,000	$957,000 100c	S+525 bp	Jul 1, 2027
A•••• M••••• S•• I••.	term loan first lien	$957,000	$957,000 100c	S+525 bp	Apr 1, 2026
A•••••••• B•••• L••••••	term loan first lien	$978,000	$957,000 106c	S+525 bp	Jun 1, 2029
H••••••••• I•••••••• A•••••• I••.	term loan first lien	$946,000	$949,000 101c	S+550 bp	Nov 1, 2028
Q•••• Q•••• C•• W••• H•••••••• L••	term loan first lien	$947,000	$947,000 101c	S+650 bp	Oct 1, 2026
P•••••• G••••• I•••••••• S•••••••• L••	term loan first lien	$951,000	$946,000 100c	S+575 bp	Oct 1, 2028
F••••••• F••••• C•••••• L••	term loan first lien	$950,000	$945,000 100c	S+500 bp	Mar 1, 2027
B•••••• P•••••• L••	term loan first lien	$950,000	$943,000 100c	S+475 bp	Feb 1, 2031
I••••••• O•••••• M•••• I••.	term loan first lien	$853,000	$939,000 110c	S+1300 bp PIK 10.50%	May 1, 2024
F•••••••• I••••••••• T••••••••• L••	term loan first lien	$939,000	$939,000 101c	S+550 bp	Jun 1, 2030
A•••• M•••••• P•••••••• L••	term loan first lien	$937,000	$937,000 100c	S+500 bp	Jun 1, 2025
P•••••• H••••• H•••••• C•••	term loan first lien	$950,000	$936,000 100c	S+550 bp	Mar 1, 2031
P• I••••••••• H••••••• I••• L••	equity equity	n/a	$933,000 120c
I•••••• P•••••• I••	term loan first lien	$950,000	$931,000 100c	S+650 bp	Jan 1, 2030
G•• A••••••• H••••• 2• L••	term loan first lien	$929,000	$929,000 102c	S+600 bp	Nov 1, 2027
C•• H••••••• A••••••••• I••.	term loan first lien	$926,000	$926,000 102c	S+550 bp	Jul 1, 2027
Q••• I••.	preferred equity equity	n/a	$925,000 110c	PIK 9.00%
B•••••••• I••.	term loan first lien	$924,000	$924,000 99c	S+550 bp	Sep 1, 2026
A•• I••••••••• H••••••• • A•• S••••••••• H••••••• L••	subordinated debt unsecured or subordinated	$930,000	$924,000 100c	13.75%	Mar 1, 2028
Z•••• H•••••• I••.	term loan first lien	$920,000	$920,000 102c	S+650 bp	Jul 1, 2027
N•• B••••• I••.	equity equity	n/a	$907,000 114c
I•••••••• M•••••••• A••••••••• L••	term loan first lien	$899,000	$899,000 101c	S+605 bp	Aug 1, 2026
E•••••••• G•••• L••	term loan first lien	$920,000	$888,000 97c	S+675 bp	Feb 1, 2027
I•••••• I• I••.	term loan first lien	$883,000	$883,000 100c	S+550 bp	Jul 1, 2025
V••••• M•••• H•••••••• L••	term loan first lien	$889,000	$878,000 100c	S+450 bp	Nov 1, 2026
A••• G••••• C•• H••••••• C•••.	term loan first lien	$891,000	$873,000 98c	S+475 bp	Apr 1, 2026
W•••••••• E••••••• L••	term loan first lien	$871,000	$871,000 101c	S+575 bp	Jul 1, 2029
P••••••••• H•••••••• L••	term loan first lien	$868,000	$868,000 101c	S+675 bp	Sep 1, 2028
R••••••••• L••	term loan first lien	$859,000	$859,000 101c	S+650 bp	Dec 1, 2025
B•••••••• I••.	term loan first lien	$850,000	$850,000 100c	S+550 bp	Sep 1, 2026
B•••••••• I••.	term loan first lien	$848,000	$848,000 100c	S+550 bp	Sep 1, 2026
A••••••• I••.	equity equity	n/a	$846,000 147c
T••••••••• H•••••••• L••	term loan first lien	$839,000	$839,000 100c	S+600 bp	Mar 1, 2025
C••• H•••••••• L••	term loan first lien	$837,000	$837,000 102c	S+575 bp	Dec 1, 2028
C•• H••••••••• P••••••••• I••.	term loan first lien	$835,000	$835,000 100c	S+625 bp	Jun 1, 2025
C••••• M•••• 3• S••••••.	term loan first lien	$853,000	$834,000 100c	S+575 bp	May 1, 2029
R•• B•••• L••••••	term loan first lien	$841,000	$834,000 89c	S+550 bp	Aug 1, 2028
R••••••••• B•••• L••••••	term loan first lien	$857,000	$828,000 104c	S+605 bp PIK 2.55%	Jul 1, 2029
N•• H••••• A••••••••• C•••.	term loan first lien	$836,000	$827,000 99c	S+575 bp	Dec 1, 2025
C•• H••••••• A••••••••• I••.	term loan first lien	$821,000	$821,000 102c	S+550 bp	Jul 1, 2027
C••••••• M•••• L••••••	term loan first lien	$824,000	$816,000 100c	S+575 bp	May 1, 2028
C••••••• S••••• I••.	term loan first lien	$815,000	$807,000 101c	S+675 bp PIK 3.63%	May 1, 2028
C••••• S•••••••• A••••••••• I••.	term loan first lien	$811,000	$805,000 100c	S+550 bp	May 1, 2028
E•••• D••••• P••••••• L••	term loan first lien	$2.1M	$797,000 42c	S+525 bp PIK 10.70%	Sep 1, 2024
S•••••• B•••• A••••••••• C•.	term loan first lien	$819,000	$795,000 99c	S+850 bp PIK 2.00%	Jun 1, 2027
N•••• H•••• S•••• B••••• L••	term loan second lien	$792,000	$792,000 101c	10.00% PIK 2.50%	Jan 1, 2028
Q•••• Q•••• C•• W••• H•••••••• L••	term loan first lien	$787,000	$787,000 101c	S+650 bp	Oct 1, 2026
K••••••••• H••••• P••••••• L••	term loan first lien	$782,000	$782,000 101c	S+575 bp	May 1, 2026
H•• H••• A••••••••• I••.	term loan first lien	$782,000	$782,000 100c	S+575 bp	Aug 1, 2026
K••••••• A••••• P••••••• L••	term loan first lien	$770,000	$770,000 101c	S+550 bp	May 1, 2027

Page 5 of 14Previous Next

Registration

Fiscal year end: 0930reported
Incorporated: MDreported
On the SEC BDC report: 2018 to 2023reported
Filings listed: 10reported10-Q and 10-K since 2022
Latest schedule: 0001715268-24-000036reported