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

N••••• C•••••••• D••••• L•••••• C••••

BDCNCDLCIK 1737924file 814-01338NEW YORK, NYmanaged by C•••••••• D•• A•••••• L••
Fair value
$1.9B
as of Jun 30, 2026
Principal held
$2.1B
debt pieces, the filer's figure
Cost
$2.0B
97c on cost
Unfunded
$137M
commitments not yet drawn
Positions
697
289 borrowers
First lien
89%
97% debt by fair value
Quarters on the tape
15
since Dec 31, 2022
Facilities held
475
53 sponsors financed
Portfolio through time
Fair value by quarter end$1.9B as of Jun 30, 2026
Dec 31, 2022$1.2B then
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Jun 30, 2026$1.9B28997c78498 bp
Mar 31, 2026$2.0B28198c83501 bp
Dec 31, 2025$2.0B28998c64499 bp
Sep 30, 2025$2.0B25898c52511 bp
Jun 30, 2025$2.0B25199c54514 bp
Mar 31, 2025$2.1B24599c54519 bp
Dec 31, 2024$4.2B29199c99520 bp
Sep 30, 2024$2.1B20298c49543 bp
Jun 30, 2024$2.1B22698c47545 bp
Mar 31, 2024$1.8B22199c52562 bp
Dec 31, 2023$1.9B29398c59579 bp
Sep 30, 2023$1.5B19998c34575 bp
Jun 30, 2023$1.4B18297c29567 bp
Mar 31, 2023$1.3B16797c25562 bp
Dec 31, 2022$1.2B21697c23558 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
Every position change, including routine ones
Largest facilities held, with co-lenders
Schedule of investments at Jun 30, 2026
697 positions
BorrowerInstrumentPrincipalFair valueRateMaturity
Q•• H•••••• L••term loan first lien$3.2M$3.2M
100c
S+525 bpMay 28, 2027
W•••••••• E••••••• L••delayed draw term loan first lien$3.1M$3.2M
100c
S+450 bpApr 30, 2031
D••••••••• I••••••••• H••••••• I••• I••. (Forefront D•••••••••)term loan first lien$3.2M$3.2M
99c
S+425 bpMar 30, 2029
S•••• W••• T••••••••• I••.term loan first lien$3.1M$3.1M
100c
S+475 bp
PIK 4.00%
Dec 30, 2031
H•••••• Group T•••• Holdings, LPpreferred equity equityn/a$3.1M
103c
C•••••••• V••••••• I••.term loan first lien$4.0M$3.1M
96c
S+600 bp
PIK 9.73%
Feb 28, 2029
T•••••• B••••• L•• (Propark Mobility)delayed draw term loan first lien$3.1M$3.1M
101c
S+450 bpJan 31, 2029
I••••• P••••• C••••••••• (I••••• E••••••mental Group)delayed draw term loan first lien$3.1M$3.1M
99c
S+525 bpMar 23, 2029
F••••••••• B•••• G••••• L••subordinated debt unsecured or subordinated$3.2M$3.1M
99c
10.00%
PIK 3.00%
Feb 8, 2030
M•• P••••• H•••••••• L•• (Market Performance Group)delayed draw term loan first lien$3.0M$3.0M
100c
S+500 bpJan 8, 2030
S•••••••• B••••• L•• (Province)term loan first lien$3.0M$3.0M
100c
S+475 bpJul 1, 2030
B••••••• S••• I••••••••• I••.term loan first lien$3.0M$3.0M
100c
S+475 bpAug 28, 2031
R••••• Ultimate LPequity equityn/a$3.0M
100c
C•••••• FLS TopCo, L.P.equity equityn/a$3.0M
99c
S••••• B•••••• A••• L••equity equityn/a$3.0M
99c
W••••••••• P••••••••• C•••••••••term loan first lien$3.0M$3.0M
101c
S+450 bpAug 22, 2028
E•••••• 7• P•••••••• L•• (E78)delayed draw term loan first lien$3.0M$3.0M
100c
S+550 bpDec 1, 2027
C•• M••••••••• S•••••••• L•• (Contract Land Staff)delayed draw term loan first lien$3.0M$3.0M
100c
S+500 bpMar 27, 2030
R•••••• S••••••• G••••• L•• (Evergreen S••••••s Group)delayed draw term loan first lien$2.9M$2.9M
100c
S+525 bpJun 15, 2029
A•• M••••••• H•••••••• I••.delayed draw term loan first lien$3.6M$2.9M
100c
S+475 bpMar 18, 2031
R••• P•••••• L••subordinated debt unsecured or subordinated$2.9M$2.9M
99c
12.00%May 7, 2030
V••••••• I•••••••••, LLCsubordinated debt unsecured or subordinated$2.9M$2.9M
99c
10.50%
PIK 1.00%
Nov 17, 2027
T•••••• I••.term loan first lien$3.0M$2.8M
95c
S+263 bp
PIK 3.13%
Dec 11, 2028
B•• K••••• L•• (T•••••• E••••• S•••••••••)equity equityn/a$2.8M
184c
A••• B••••• L••term loan first lien$2.8M$2.8M
100c
S+450 bpJan 23, 2032
R•••••• S••••••• G••••• L•• (Evergreen S••••••s Group)delayed draw term loan first lien$2.8M$2.8M
101c
S+475 bpJun 15, 2029
W•••••••• E••••••• L••term loan first lien$2.7M$2.7M
101c
S+450 bpApr 30, 2031
D•• H••••••• I••• I••.term loan first lien$2.7M$2.7M
100c
S+525 bpNov 1, 2028
L•• V•••••• H••••••• I••.term loan first lien$2.7M$2.7M
100c
S+450 bpApr 28, 2032
S•••••• R••••••••• L••term loan first lien$2.7M$2.7M
100c
S+450 bpDec 16, 2032
T• A••••••••• N•• L••term loan first lien$2.7M$2.7M
101c
S+425 bpMar 19, 2027
L•••• G••••• I••.term loan first lien$2.7M$2.7M
100c
S+500 bpOct 12, 2029
B••••••••• I••.delayed draw term loan first lien$2.7M$2.7M
100c
S+475 bpAug 2, 2029
O••••• P••••••••, LLCsubordinated debt unsecured or subordinated$3.0M$2.5M
87c
PIK 11.50%
Jan 6, 2029
C••••• S•••••• P•••••••• L••delayed draw term loan first lien$3.2M$2.5M
100c
S+475 bpOct 13, 2031
R•••• H••••• Corporation (RMA Companies)delayed draw term loan first lien$3.4M$2.5M
99c
S+450 bpDec 30, 2030
W••••••••• P••••••••• C•••••••••delayed draw term loan first lien$2.5M$2.5M
100c
S+450 bpAug 22, 2028
T•••••• E••••• S••••••••• I••.subordinated debt unsecured or subordinated$2.5M$2.5M
102c
S+950 bpMar 1, 2029
H••••••• M•••••••• • T••••••••• I••.term loan first lien$2.6M$2.5M
97c
S+475 bpAug 29, 2031
E•••••• E•••••• L••term loan first lien$2.5M$2.5M
100c
S+525 bpOct 1, 2031
H•••••••• H••• S•••••••• I••. (Helios B••••, Inc.)delayed draw term loan first lien$2.5M$2.5M
99c
S+600 bpDec 15, 2026
A•• H••••• O•••• L••subordinated debt unsecured or subordinated$2.5M$2.5M
100c
8.00%
PIK 5.00%
Apr 10, 2031
D••••• I••••••••• G•••• L•• (f/k/a Safety I••••••••• S••••••s I••••••••• LLC)term loan first lien$2.4M$2.4M
100c
S+500 bpJul 21, 2028
G•• H•• P•••••• L••term loan first lien$2.5M$2.4M
98c
S+450 bpOct 1, 2031
K• B••••• A••••••••• I••. (Elevation Labs)delayed draw term loan first lien$2.5M$2.4M
100c
S+500 bpJun 30, 2030
N•••• H•••• S•••••• U• H••••• L••term loan first lien$2.4M$2.4M
100c
S+575 bpDec 6, 2027
U•• W•••• I••••••••• H•••••••• L••delayed draw term loan first lien$3.0M$2.4M
99c
S+450 bpFeb 21, 2031
S•••• I••••••••• M••••• G•••• L••delayed draw term loan unsecured or subordinated$2.4M$2.4M
99c
10.00%
PIK 2.00%
Jun 30, 2028
A&R L•••••••• Holdings, Inc. (Quantix SCS, LLC)term loan first lien$4.5M$2.4M
54c
S+250 bp
PIK 4.25%
Feb 3, 2028
W•••••••• E••••••• L••delayed draw term loan first lien$2.4M$2.4M
101c
S+450 bpApr 30, 2031
P•••••••• S••••••• G••••• L••delayed draw term loan first lien$5.3M$2.4M
92c
S+450 bpDec 23, 2032
E••••••• E•• C••• H••••• L••delayed draw term loan first lien$2.4M$2.4M
99c
S+575 bpOct 5, 2029
E•••••• 7• P•••••••• L•• (E78)delayed draw term loan first lien$2.6M$2.3M
100c
S+550 bpDec 1, 2027
D• U••••• H•••••••• L•• (D&H United Fueling S••••••••)delayed draw term loan first lien$2.3M$2.3M
99c
S+500 bpSep 15, 2028
N••••••• R••••••••• L•• (Repipe S•••••••••)subordinated debt unsecured or subordinated$2.7M$2.3M
86c
10.00%
PIK 1.00%
Mar 18, 2029
A•••••• B••••• L•• (Allstar Holdings)subordinated debt unsecured or subordinated$2.7M$2.2M
84c
1.00%
PIK 13.00%
Apr 26, 2030
H•••••••• V••••••••• Partners LLCsubordinated debt unsecured or subordinated$2.2M$2.2M
99c
7.50%
PIK 7.00%
Sep 10, 2028
E•••••• D••••••••• S••••••••• L••subordinated debt unsecured or subordinated$2.2M$2.2M
100c
PIK 14.00%
Jun 30, 2029
B•••••• C••••••• H••••••••• I••••••••• L••delayed draw term loan first lien$2.7M$2.2M
99c
S+525 bpDec 22, 2031
R••• C•••••••• I••••••••• I••• I••.delayed draw term loan first lien$3.3M$2.2M
98c
S+450 bpApr 12, 2032
B••••••••• I••.term loan first lien$2.1M$2.1M
100c
S+475 bpAug 2, 2029
S•••• I••••••••• M••••• G•••• L••subordinated debt unsecured or subordinated$2.1M$2.1M
100c
10.00%
PIK 2.00%
Jun 30, 2028
A••• A•••••• D••••••••• M••••••••• L••delayed draw term loan unsecured or subordinated$2.4M$2.1M
103c
PIK 13.25%
Apr 16, 2029
N•• V••• C••• M••••••••• A••••••••• L•equity equityn/a$2.1M
138c
F••••••••• L••delayed draw term loan first lien$6.3M$2.1M
100c
S+475 bpNov 14, 2031
T•• B••••• L••delayed draw term loan first lien$2.3M$2.0M
90c
S+250 bp
PIK 2.50%
Feb 2, 2032
L• E••••• I••••••••• L••.equity equityn/a$2.0M
141c
J•• B••••• I••. (J. Knipper and Company Inc)delayed draw term loan first lien$2.1M$2.0M
98c
S+475 bpFeb 13, 2032
A••• A•••••• D••••••••• M••••••••• L••subordinated debt unsecured or subordinated$2.0M$2.0M
103c
PIK 13.25%
Apr 16, 2029
H••• B•• B••••• O••••••••• L••subordinated debt unsecured or subordinated$2.1M$2.0M
98c
13.00%Jun 19, 2030
C••••• NDT Group B••••, LLCsubordinated debt unsecured or subordinated$2.0M$2.0M
100c
9.00%
PIK 3.00%
Feb 11, 2033
C••••••••• B••••••• C•••.term loan first lien$2.0M$2.0M
100c
S+525 bpSep 25, 2029
F• D•• B••••• I••.term loan first lien$2.0M$2.0M
101c
S+500 bpOct 11, 2030
B•••••• S••••••••• C••••••• L••term loan first lien$2.0M$2.0M
100c
S+450 bpDec 31, 2027
I•• I••••••••• I•• L•• (Ergotech DBA I••••••••• N••••••ing S••••••••)delayed draw term loan first lien$1.9M$1.9M
99c
S+550 bpJan 19, 2029
3•• H•••••• I••. (360 Training)delayed draw term loan first lien$3.1M$1.9M
98c
S+450 bpAug 2, 2028
P••••••• S••••• P•••••••• L••delayed draw term loan first lien$2.0M$1.9M
96c
S+625 bpApr 3, 2030
O••••••••• P••••••• C•••••••• I•• L• (Gannett Fleming)equity equityn/a$1.9M
146c
E•••• F•••••• C••••••••• L••delayed draw term loan first lien$1.9M$1.9M
99c
S+475 bpApr 29, 2030
T•••••• I••.delayed draw term loan first lien$1.9M$1.8M
95c
S+263 bp
PIK 3.13%
Dec 11, 2028
O•••••• H•••••••• I••.delayed draw term loan first lien$1.9M$1.8M
100c
S+475 bpFeb 4, 2030
T•• B••••• L•• (Technical Safety S••••••s)term loan first lien$1.8M$1.8M
100c
S+500 bpJun 22, 2029
G•• H••••••••• L••delayed draw term loan first lien$2.0M$1.8M
93c
S+525 bpDec 9, 2027
N•• S••••••• H••••••• L••term loan first lien$2.5M$1.8M
74c
S+100 bp
PIK 4.25%
Sep 30, 2030
C••••• S•••••• P•••••••• L••term loan first lien$1.8M$1.8M
100c
S+475 bpOct 13, 2031
M•• I••••••••• H••••••• I•• L•• (Mosaic Dental)subordinated debt unsecured or subordinated$2.2M$1.8M
82c
PIK 12.25%
Feb 7, 2030
M•• B•••• L••delayed draw term loan first lien$1.8M$1.8M
100c
S+425 bpJun 29, 2029
M•• H•••••••• I••.term loan first lien$1.8M$1.8M
100c
S+500 bpApr 16, 2027
R•••• I••••••••• H•••••• C••••••• L•• (R•••• Tool House)delayed draw term loan first lien$1.8M$1.8M
99c
S+525 bpApr 4, 2029
G••••••• T••• H•••••••equity equityn/a$1.7M
199c
R•••••• B••••, LLC (Sunny Sky Products)delayed draw term loan first lien$1.8M$1.7M
98c
S+475 bpDec 23, 2028
A•• F••••••• C••••••••• F•••••• L••equity equityn/a$1.7M
95c
B•• O••• I••.delayed draw term loan first lien$1.7M$1.7M
100c
S+450 bpNov 17, 2027
R• P••••• H••••••• L• (S&S Truck Parts)delayed draw term loan first lien$1.7M$1.7M
100c
S+475 bpMar 1, 2029
I••••• P••••• C••••••••• (I••••• E••••••mental Group)term loan first lien$1.7M$1.7M
100c
S+525 bpMar 23, 2029
M•• A••••••••• I••. (Spectrio)delayed draw term loan first lien$2.9M$1.6M
56c
S+600 bpDec 9, 2026
C•• R•• P••••••• I•• L• (LMI Consulting, LLC)equity equityn/a$1.6M
256c
C••••• S•••••• P•••••••• L••term loan first lien$1.6M$1.6M
99c
S+450 bpFeb 28, 2033
O•••• G•••• F• H•••••••• L•• (Leo Facilities)term loan first lien$1.6M$1.6M
101c
S+475 bpJul 3, 2029
G•••••• P•••••••• L••delayed draw term loan first lien$1.6M$1.6M
100c
S+625 bpMay 17, 2027
Page 3 of 7PreviousNext
Registration
Fiscal year end
1231reported
Incorporated
MDreported
On the SEC BDC report
2020 to 2026reported
Filings listed
19reported10-Q and 10-K since 2022
Former names
N••••• C•••••••• BDC INC.; N••••• C•••••••• BDC LLCreported
Latest schedule
0001737924-26-000084reported