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
Blackstone Secured Lending Fund
Fair value
$14B
as of Jun 30, 2026
Principal held
$14B
debt pieces, the filer's figure
Cost
$14B
97c on cost
Unfunded
$1.4B
commitments not yet drawn
Positions
1,050
362 borrowers
First lien
n/a
97% debt by fair value
Quarters on the tape
17
since Dec 31, 2021
Facilities held
576
46 sponsors financed
Portfolio through time
Fair value by quarter end$14B as of Jun 30, 2026
Dec 31, 2021$10B then
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2026 | $14B | 362 | 96c | 91 | 528 bp |
| Mar 31, 2026 | $14B | 364 | 97c | 84 | 527 bp |
| Dec 31, 2025 | $15B | 366 | 99c | 90 | 533 bp |
| Sep 30, 2025 | $14B | 362 | 99c | 82 | 533 bp |
| Jun 30, 2025 | $13B | 346 | 99c | 65 | 535 bp |
| Mar 31, 2025 | $14B | 331 | 99c | 67 | 543 bp |
| Dec 31, 2024 | $26B | 326 | 99c | 120 | 552 bp |
| Sep 30, 2024 | $12B | 294 | 99c | 37 | 565 bp |
| Jun 30, 2024 | $12B | 270 | 99c | 33 | 578 bp |
| Mar 31, 2024 | $11B | 247 | 99c | 29 | 594 bp |
| Dec 31, 2023 | $10B | 233 | 99c | 22 | 598 bp |
| Sep 30, 2023 | $9.6B | 218 | 99c | 25 | 593 bp |
| Jun 30, 2023 | $9.4B | 204 | 99c | 13 | 593 bp |
| Mar 31, 2023 | $9.7B | 206 | 99c | 15 | 589 bp |
| Dec 31, 2022 | $9.7B | 202 | 99c | 11 | 593 bp |
| Sep 30, 2022 | $9.6B | 187 | 99c | 4 | 587 bp |
| Dec 31, 2021 | $10B | 164 | 101c | 2 | 591 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 borrower on a BDC scheduleJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- PIK interest appearsJun 30, 2026
- PIK interest appearsJun 30, 2026
- PIK interest increasedJun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Spread increasedJun 30, 2026
- Spread increasedJun 30, 2026
- Spread increasedJun 30, 2026
Largest facilities held, with co-lenders
- Medallia, Inc other4 BDCs hold it · matures Oct 29, 2028$395M 51c
- Snoopy Bidco, Inc delayed draw term loan2 BDCs hold it · matures Jun 1, 2028$365M 94c
- JSS Holdings, Inc delayed draw term loan2 BDCs hold it · matures Nov 8, 2031$332M 101c
- Guidehouse Inc other3 BDCs hold it · matures Dec 16, 2030$313M 97c
- Cambium Learning Group, Inc revolver2 BDCs hold it · matures Jul 20, 2028 · Veritas Capital Fund Management, L.L.C.$282M 93c
- Auctane Inc other3 BDCs hold it · matures Jun 1, 2033$282M 101c
- Navigator Acquiror, Inc delayed draw term loan2 BDCs hold it · matures Jul 16, 2030$270M 76c
- Corfin Holdings, Inc term loan2 BDCs hold it · matures Dec 27, 2027$262M 100c
- Bazaarvoice, Inc revolver2 BDCs hold it · matures May 7, 2029 · Lead Edge Capital Management, LLC$238M 99c
- Inovalon Holdings, Inc delayed draw term loan2 BDCs hold it · matures Nov 24, 2033$205M 94c
- IRI Group Holdings, Inc revolver2 BDCs hold it · matures Dec 3, 2029$197M 101c
- Redwood Services Group, LLC delayed draw term loan10 BDCs hold it · matures Jun 15, 2029$183M 101c
Schedule of investments at Jun 30, 2026
1,050 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| Trinity Air Consultants Holdings Corp. | revolver lien unstated | $34.4M | $34.4M 101c | S+425 bp | Jun 29, 2029 |
| Kattegat Project Bidco, AB | delayed draw term loan lien unstated | $29.8M | $34.0M 107c | S+550 bp | Apr 7, 2031 |
| Helix TS, LLC | delayed draw term loan lien unstated | $34.2M | $33.8M 100c | S+500 bp | Aug 5, 2030 |
| Magneto Components BuyCo, LLC | revolver lien unstated | $33.4M | $33.4M 102c | S+575 bp | Dec 5, 2030 |
| G&A Partners Holding Company II, LLC | revolver lien unstated | $33.3M | $33.3M 101c | S+500 bp | Mar 3, 2031 |
| JSS Holdings, Inc. | delayed draw term loan lien unstated | $32.2M | $32.1M 101c | S+500 bp | Nov 8, 2031 |
| Accuity Delivery Systems, LLC | unstated lien unstated | $31.7M | $31.7M 100c | S+475 bp | May 29, 2031 |
| Commander Buyer, Inc. | unstated lien unstated | $31.6M | $31.5M 101c | S+450 bp | Jun 25, 2032 |
| Flexera Software, LLC | revolver lien unstated | $32.2M | $31.3M 97c | S+450 bp | Aug 16, 2032 |
| Electro Switch Business Trust, LLC | revolver lien unstated | $31.3M | $31.2M 100c | S+475 bp | Sep 2, 2032 |
| Paramount Global Surfaces, Inc. | unstated lien unstated | $56.0M | $30.8M 57c | S+600 bp PIK 3.21% | Dec 31, 2028 |
| Fastener Distribution Holdings, LLC | delayed draw term loan lien unstated | $30.6M | $30.6M 101c | S+475 bp | Nov 4, 2031 |
| Apple SG Bidco Pte. Ltd. | unstated lien unstated | $44.2M | $30.3M 97c | S+475 bp | May 27, 2033 |
| Beacon Dc, Ltd. | unstated lien unstated | $30.0M | $29.3M 100c | S+475 bp | Dec 4, 2032 |
| Albireo Energy, LLC | delayed draw term loan lien unstated | $29.0M | $29.0M 100c | S+575 bp | Dec 23, 2029 |
| RWL Holdings, LLC | delayed draw term loan lien unstated | $29.6M | $28.7M 98c | S+575 bp | Dec 31, 2028 |
| Odevo, AB | delayed draw term loan lien unstated | $28.2M | $28.2M 100c | S+525 bp | Dec 31, 2030 |
| CT Technologies Intermediate Holdings, Inc. | unstated lien unstated | $27.9M | $27.9M 101c | S+500 bp | Sep 2, 2031 |
| CT Technologies Intermediate Holdings, Inc. | unstated lien unstated | $28.0M | $27.7M 100c | S+475 bp | Sep 2, 2031 |
| Falcon Parent Holdings, Inc. | unstated lien unstated | $28.3M | $27.6M 98c | S+550 bp PIK 2.75% | Nov 6, 2031 |
| Veregy Consolidated, Inc. | unstated lien unstated | $27.5M | $27.4M 101c | S+425 bp | Apr 16, 2031 |
| Bluefin Holding, LLC | revolver lien unstated | $27.3M | $27.3M 101c | S+425 bp | Sep 12, 2029 |
| Discovery Education, Inc. | revolver lien unstated | $35.5M | $26.7M 76c | S+675 bp PIK 5.74% | Apr 9, 2029 |
| Nintex Topco, Limited | unstated lien unstated | $34.0M | $26.7M 79c | S+600 bp | Nov 13, 2028 |
| Fern Bidco, Ltd. | delayed draw term loan lien unstated | $20.3M | $26.6M 105c | S+500 bp | Jul 1, 2031 |
| EMB Purchaser, Inc. | unstated lien unstated | $27.2M | $26.4M 98c | S+450 bp | Mar 12, 2032 |
| Elements Finco, Ltd. | delayed draw term loan lien unstated | $20.1M | $26.4M 106c | S+550 bp PIK 2.50% | Apr 29, 2031 |
| TEI Intermediate, LLC | unstated lien unstated | $26.4M | $26.4M 101c | S+525 bp PIK 2.88% | Dec 15, 2031 |
| LPW Group Holdings, Inc. | revolver lien unstated | $26.3M | $26.3M 102c | S+600 bp | Mar 14, 2031 |
| Red Fox CD Acquisition Corp. | delayed draw term loan lien unstated | $26.3M | $26.1M 101c | S+600 bp | Mar 4, 2030 |
| Scorpio BidCo SAS | delayed draw term loan lien unstated | $22.8M | $26.0M 107c | S+575 bp | Mar 26, 2031 |
| West Monroe Partners, LLC | revolver lien unstated | $25.7M | $25.6M 100c | S+475 bp | Nov 8, 2028 |
| Phoenix 1 Buyer Corp. | revolver lien unstated | $25.4M | $25.4M 101c | S+475 bp | Nov 20, 2030 |
| Bidco 76 S.p.A. | delayed draw term loan lien unstated | $22.0M | $25.1M 110c | S+475 bp | Dec 10, 2031 |
| Armada Parent, Inc. | revolver lien unstated | $25.1M | $25.1M 101c | S+475 bp | Oct 29, 2030 |
| ALKU, LLC | unstated lien unstated | $26.1M | $25.1M 97c | S+550 bp | May 23, 2029 |
| Iris Buyer, LLC | unstated lien unstated | $25.1M | $25.1M 102c | S+500 bp | Oct 2, 2030 |
| INK BC Bidco S.p.A. | delayed draw term loan lien unstated | $21.6M | $24.4M 99c | S+500 bp | Jul 16, 2032 |
| Themis Solutions, Inc. | unstated lien unstated | $24.7M | $24.3M 100c | S+550 bp PIK 3.75% | Oct 29, 2032 |
| Gorilla Investor, LLC | unstated lien unstated | $24.4M | $24.1M 101c | S+500 bp | Sep 30, 2031 |
| Netsmart Technologies, Inc. | unstated lien unstated | $24.6M | $24.1M 99c | S+520 bp PIK 2.70% | Aug 25, 2031 |
| Roadsafe Holdings, Inc. | delayed draw term loan lien unstated | $24.0M | $24.0M 100c | S+525 bp | Oct 18, 2030 |
| Tricentis Operations Holdings, Inc. | unstated lien unstated | $24.3M | $23.8M 99c | S+600 bp PIK 3.25% | Feb 11, 2032 |
| Anaplan, Inc. | revolver lien unstated | $24.1M | $23.8M 99c | S+450 bp | Jun 21, 2029 |
| STV Group, Inc. | revolver lien unstated | $23.9M | $23.7M 101c | S+475 bp | Mar 20, 2031 |
| Magic Bidco, Inc. | unstated lien unstated | $25.5M | $23.6M 94c | S+575 bp | Jul 1, 2030 |
| KKR Alberta Midstream Finance, Inc. | unstated lien unstated | $23.5M | $23.5M 101c | S+525 bp | Aug 15, 2028 |
| Sparta UK Bidco, Ltd. | delayed draw term loan lien unstated | $17.8M | $23.3M 99c | S+600 bp | Sep 25, 2031 |
| Denali Bidco, Ltd. | delayed draw term loan lien unstated | $17.7M | $23.2M 100c | S+475 bp | Sep 5, 2031 |
| Zeus, LLC | revolver lien unstated | $24.4M | $23.2M 96c | S+540 bp | Feb 28, 2031 |
| Biotouch Global Solutions, Inc. | unstated lien unstated | $23.7M | $22.9M 98c | S+550 bp | Aug 27, 2032 |
| MB2 Dental Solutions, LLC | revolver lien unstated | $22.8M | $22.8M 101c | S+550 bp | Feb 13, 2031 |
| New ACI Buyer, LLC | unstated lien unstated | $22.8M | $22.8M 100c | S+625 bp PIK 3.13% | Jun 30, 2031 |
| DTA Intermediate II, Ltd. | revolver lien unstated | $17.1M | $22.7M 100c | S+550 bp | Mar 27, 2030 |
| Castle Management Borrower, LLC | unstated lien unstated | $22.8M | $22.6M 101c | S+550 bp | Nov 5, 2029 |
| Cambrex Corp. | revolver lien unstated | $22.9M | $22.4M 99c | S+475 bp | Mar 5, 2032 |
| Unified Women's Healthcare, LP | unstated lien unstated | $22.2M | $22.2M 100c | S+500 bp | Jun 18, 2029 |
| Griffon Bidco, Inc. | unstated lien unstated | $22.3M | $22.2M 101c | S+500 bp | Jul 31, 2031 |
| Onex Baltimore Buyer, Inc. | delayed draw term loan lien unstated | $22.0M | $22.0M 101c | S+475 bp | Apr 29, 2033 |
| CCI Buyer, Inc. | revolver lien unstated | $21.9M | $21.9M 101c | S+500 bp | May 13, 2032 |
| Everbridge Holdings, LLC | unstated lien unstated | $21.9M | $21.9M 100c | S+500 bp | Jul 2, 2031 |
| Continental Buyer, Inc. | unstated lien unstated | $21.9M | $21.9M 100c | S+475 bp | Apr 2, 2031 |
| WHCG Purchaser III, Inc. | delayed draw term loan lien unstated | $21.6M | $21.6M 100c | S+650 bp PIK 5.12% | Jun 29, 2029 |
| Go Car Wash Management Corp. | delayed draw term loan lien unstated | $21.9M | $21.4M 98c | S+575 bp | Jun 30, 2028 |
| LogicMonitor, Inc. | unstated lien unstated | $21.4M | $20.9M 99c | S+550 bp | Nov 19, 2031 |
| Spitfire Parent, Inc. | delayed draw term loan lien unstated | $20.7M | $20.7M 100c | S+550 bp | Mar 11, 2027 |
| GCX Corporation Buyer, LLC | delayed draw term loan lien unstated | $21.0M | $20.5M 98c | S+550 bp | Sep 13, 2027 |
| G&A Partners Holding Company II, LLC | revolver lien unstated | $20.5M | $20.5M 100c | S+500 bp | Mar 3, 2031 |
| Ascend Buyer, LLC | revolver lien unstated | $20.6M | $20.4M 100c | S+525 bp | Sep 30, 2028 |
| Canadian Hospital Specialties, Ltd. | revolver lien unstated | $28.9M | $20.4M 89c | S+450 bp | Apr 14, 2028 |
| Helix TS, LLC | delayed draw term loan lien unstated | $20.5M | $20.3M 100c | S+500 bp | Aug 5, 2030 |
| New ACI Intermediate I, LLC | unstated lien unstated | $20.3M | $20.3M 100c | S+1000 bp PIK 10.00% | Jun 28, 2032 |
| SAFEbuilt, LLC | unstated lien unstated | $20.4M | $20.1M 99c | S+500 bp | Jan 8, 2032 |
| Odevo, AB | delayed draw term loan lien unstated | $17.6M | $20.0M 109c | S+525 bp | Dec 31, 2030 |
| Material Holdings, LLC | unstated lien unstated | $21.8M | $19.8M 91c | S+600 bp PIK 4.72% | Aug 19, 2027 |
| Tennessee Bidco, Limited | delayed draw term loan lien unstated | $19.9M | $19.7M 99c | S+550 bp PIK 2.00% | Jul 1, 2031 |
| Color Intermediate, LLC | unstated lien unstated | $19.7M | $19.5M 100c | S+475 bp | Oct 4, 2029 |
| Harp Finco, Ltd. | unstated lien unstated | $14.5M | $19.1M 103c | S+500 bp | Mar 27, 2032 |
| Endeavor Schools Holdings, LLC | delayed draw term loan lien unstated | $21.6M | $18.9M 89c | S+625 bp | Jul 18, 2029 |
| Channelside AcquisitionCo, Inc. | revolver lien unstated | $19.4M | $18.8M 98c | S+475 bp | Jun 30, 2028 |
| Grid Alliance Partners, LLC | unstated lien unstated | $19.4M | $18.8M 98c | S+475 bp | Jul 1, 2032 |
| Oxford Global Resources, Inc. | revolver lien unstated | $18.5M | $18.5M 100c | S+600 bp | Aug 17, 2027 |
| Connatix Buyer, Inc. | unstated lien unstated | $21.0M | $18.3M 87c | S+550 bp | Jul 14, 2027 |
| Razor Holdco, LLC | unstated lien unstated | $18.9M | $18.3M 97c | S+575 bp | Oct 25, 2027 |
| FusionSite Midco, LLC | unstated lien unstated | $18.6M | $18.0M 98c | S+550 bp | Nov 17, 2029 |
| DM Intermediate Parent, LLC | unstated lien unstated | $17.9M | $17.9M 101c | S+500 bp | Sep 30, 2030 |
| Granicus, Inc. | unstated lien unstated | $17.8M | $17.8M 101c | S+575 bp PIK 2.25% | Jan 17, 2031 |
| ELK Bidco, Inc. | unstated lien unstated | $17.9M | $17.8M 100c | S+450 bp | Jun 14, 2032 |
| Firmus Supercloud PTY, Ltd. | delayed draw term loan lien unstated | $19.1M | $17.8M 95c | S+513 bp | Mar 15, 2032 |
| DCA Investment Holding, LLC | unstated lien unstated | $17.8M | $17.8M 100c | S+650 bp PIK 2.25% | Jun 2, 2031 |
| Cronos Crimson Holdings, Inc. | unstated lien unstated | $17.6M | $17.5M 100c | S+609 bp | Mar 1, 2028 |
| KPSKY Acquisition, Inc. | delayed draw term loan lien unstated | $19.7M | $17.3M 88c | S+550 bp | Oct 19, 2028 |
| Pave America Holding, LLC | unstated lien unstated | $17.0M | $17.0M 101c | S+525 bp PIK 2.88% | Aug 27, 2032 |
| Spectrum Safety Solutions Purchaser, LLC | unstated lien unstated | $14.8M | $17.0M 108c | S+450 bp | Jul 1, 2031 |
| Noble Midco 3, Ltd. | unstated lien unstated | $16.9M | $16.9M 101c | S+525 bp PIK 2.97% | Jun 7, 2031 |
| Imagine 360, LLC | unstated lien unstated | $16.9M | $16.9M 100c | S+475 bp | Oct 2, 2028 |
| Denali TopCo, LLC | unstated lien unstated | $16.8M | $16.6M 100c | S+475 bp | Aug 26, 2032 |
| Denali Holdco, Ltd. | delayed draw term loan lien unstated | $14.6M | $16.4M 97c | S+980 bp PIK 9.80% | Sep 5, 2032 |
| Turing Holdco, Inc. | delayed draw term loan lien unstated | $21.6M | $16.3M 77c | S+600 bp PIK 2.50% | Oct 14, 2028 |
| Turing Holdco, Inc. | delayed draw term loan lien unstated | $16.2M | $16.2M 81c | S+600 bp PIK 2.50% | Oct 14, 2028 |
Registration
- Fiscal year end
- 1231reported
- Incorporated
- DEreported
- On the SEC BDC report
- 2019 to 2026reported
- Filings listed
- 19reported10-Q and 10-K since 2022
- Former names
- Blackstone / GSO Secured Lending Fundreported
- Latest schedule
- 0001736035-26-000016reported