The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Credit Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.

T••••••••• P•••••• V•••••• C••••• I•••

Business development companymanaged by T••••••••• A••••••• L••Non-traded· MENLO PARK, CA

A non-traded business development company, managed by T••••••••• A••••••• L••, holding $387M across 193 borrowers at Jun 30, 2026.

Composed from this BDC's filings and its latest schedule of investments.

Fair value
$387M
Schedule of investments, 10-Q and 10-K
Borrowers
193
Schedule of investments, 10-Q and 10-K
Mark on cost
92.2¢
Schedule of investments, 10-Q and 10-K
Schedule of investments (492)Quarter by quarterSponsors
As of · the latest schedule of investments read for this BDC

What matters now

  1. $24M
    on non-accrual, 4 borrowers

    4 borrowers on non-accrual, $24M principal; the largest is S••••• I•• ($9.61M).

    Q2 2026 · Loans that have stopped paying interest; they set the book's credit losses.

    FactBDC schedules of investments, 30 Jun 2026For LPs and shareholders in these BDCs, co-lenders on the same namesOpen S••••• I•• →
  2. $7M
    newly on non-accrual

    1 borrower newly placed on non-accrual in Q2 2026, $7M principal: M••••• I•• ($7M).

    Q2 2026 · The newest credit problems in the book.

    FactBDC schedules of investments, 30 Jun 2026Open M••••• I•• →
  3. 33 below 80¢
    $33.5M principal

    33 positions across 9 borrowers marked below 80¢ on cost, $33.5M principal.

    Q2 2026 · Marks this low usually come before non-accrual or a restructuring.

    Derivedeach position's fair value over cost, 30 Jun 2026
Every headline figure, and the identifiersCIK 1792509 · file 814-01327Show
Fair value
$387M
as of Jun 30, 2026
Principal held
$334M
debt pieces, the filer's figure
Cost
$381M
92c on cost, debt pieces
Unfunded
$92.1M
commitments not yet drawn
Positions
492
193 borrowers
First lien
not established
80% debt by fair value
Quarters on the tape
15
since Dec 31, 2022
Facilities held
332
12 sponsors financed
Portfolio through time
Fair value by quarter end$387M as of Jun 30, 2026
Dec 31, 2022$442M then
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Jun 30, 2026$387M19392c36474 bp
Mar 31, 2026$394M19191c43473 bp
Dec 31, 2025$772M19792c87484 bp
Sep 30, 2025$362M19590c42517 bp
All 15 quarters
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Jun 30, 2025$347M18292c42520 bp
Mar 31, 2025$417M17790c28525 bp
Dec 31, 2024$1.2B21394c109523 bp
Sep 30, 2024$438M17596c33545 bp
Jun 30, 2024$415M17096c27557 bp
Mar 31, 2024$444M16397c19573 bp
Dec 31, 2023$548M18697c5573 bp
Sep 30, 2023Not disclosed68n/a0n/a
Jun 30, 2023Not disclosed56n/a0n/a
Mar 31, 2023Not disclosed56n/a0n/a
Dec 31, 2022$442M17597c1611 bp
Sponsors financed
No borrower on this schedule has a sponsor attribution yet.
What changed
Full timeline · 20 events
Every position change, including routine ones
Largest facilities held, with co-lenders
Schedule of investments at Sep 30, 2024
528 positions
BorrowerInstrumentPrincipalFair valueRateMaturity
V•••••• F•••••••• I•••term loan lien unstated$1.0M$1.0M
100c
S+250 bp
E••••• M•••• T••••••••• I•••unstated lien unstated$1.0M$998,000
100c
S+625 bp
PIK 6.25%
L••• O•••••• S••••••••• I•••unstated lien unstated$1.0M$990,000
100c
S+675 bp
L••• O•••••• S••••••••• I•••unstated lien unstated$1.0M$988,000
100c
S+675 bp
L••• O•••••• S••••••••• I•••unstated lien unstated$1.0M$988,000
100c
S+675 bp
P••• R•••••••• I•••unstated lien unstated$960,000$953,000
88c
S+600 bp
K••••• M••••• C••••••equity equityNot disclosed$941,000
134c
S••••• I•••unstated lien unstated$984,000$919,000
90c
S+550 bp
B••• G••••••••• I•••unstated lien unstated$875,000$917,000
100c
S+525 bp
F•••• S•term loan lien unstated$1.3M$899,000
66c
9.75%
F•••• S•term loan lien unstated$1.3M$899,000
66c
9.75%
F•••• B•••••• L••unstated lien unstated$947,000$898,000
91c
12.00%
T••• F••••••• I•••unstated lien unstated$800,000$841,000
100c
11.00%
A•• I•••••••••unstated lien unstatedNot disclosed$830,000
100c
S••••• I•••unstated lien unstated$903,000$830,000
90c
S+325 bp
N•• G•••equity equityNot disclosed$826,000
120c
F•••• B•••••• L••unstated lien unstated$848,000$804,000
91c
12.00%
T••• P••••••• L••••••term loan lien unstated$484,000$802,000
101c
10.00%
B••• G••••••••• I••••unstated lien unstated$750,000$800,000
100c
S+750 bp
T••• F••••••• I•••unstated lien unstated$760,000$799,000
100c
11.00%
S••••• I•••unstated lien unstated$795,000$742,000
90c
S+550 bp
T••• F••••••• I•••unstated lien unstated$720,000$732,000
100c
11.00%
K•••• F•••••••• T••••••••• I••••••••• 1•warrants equityNot disclosed$713,000
784c
W•••••••• F•••••• L•••••••• L••••••unstated lien unstated$633,000$713,000
110c
S+475 bp
R••••••••• G••••warrants equityNot disclosed$697,000
104c
F•• H••••• U• L••••••unstated lien unstated$700,000$687,000
100c
S+575 bp
T••••• M••••••• I•••unstated lien unstated$702,000$678,000
97c
S+242 bp
PIK 2.33%
F•••• B•••••• L••unstated lien unstated$700,000$663,000
92c
12.00%
F•• H••••• U• L••••••unstated lien unstated$667,000$656,000
100c
S+575 bp
D•••• R•• O••• I•••unstated lien unstated$575,000$637,000
100c
S+500 bp
Q•••• C••••••• L•••unstated lien unstated$796,000$615,000
93c
PIK 6.00%
F••••••••• I•••term loan lien unstated$600,000$596,000
100c
S+400 bp
F••••••••• I•••term loan lien unstated$600,000$595,000
100c
S+400 bp
S•••• I•••warrants equityNot disclosed$583,000
1023c
N•••••• O•• W•••• A•unstated lien unstated$635,000$582,000
98c
S+825 bp
PIK 8.25%
F••••••••• I••• 1•warrants equityNot disclosed$582,000
159c
A••••••• S•••• T••••••••• C••••warrants equityNot disclosed$578,000
608c
T••• F••••••• I•••unstated lien unstated$565,000$576,000
100c
11.00%
M••••• I•••warrants equityNot disclosed$563,000
96c
F••••• I•••unstated lien unstated$556,000$545,000
100c
S+400 bp
P••••• A• F•••• G•••unstated lien unstated$525,000$540,000
100c
S+775 bp
P••••• G•••• I•••unstated lien unstated$550,000$540,000
100c
S+350 bp
Q•••• C••••••• L••• 1•equity equityNot disclosed$537,000
88c
R•••• N••••••• I•••revolver lien unstated$2.4M$529,000
21c
S+575 bp
PIK 5.75%
J•••• S•••••••• I•••unstated lien unstated$500,000$520,000
99c
10.00%
J•••• S•••••••• I•••unstated lien unstated$500,000$514,000
101c
13.75%
A•••• H•••••• I•••unstated lien unstated$500,000$510,000
100c
S+800 bp
A•••• H•••••• I•••unstated lien unstated$500,000$505,000
100c
S+800 bp
T••• P••••••• L••••••equity equityNot disclosed$505,000
98c
F•• H•••••• I•••equity equityNot disclosed$500,000
100c
T••• S•••••• I•••equity equityNot disclosed$500,000
100c
E••••••••• I•••equity equityNot disclosed$500,000
100c
H••••••••• I••unstated lien unstated$500,000$493,000
99c
17.25%
F••••• I•••unstated lien unstated$500,000$489,000
100c
S+400 bp
P••• R•••••••• I•••unstated lien unstated$493,000$489,000
92c
S+600 bp
P•••• B•••••• I•••warrants equityNot disclosed$479,000
154c
T••• F••••••• I•••unstated lien unstated$440,000$467,000
100c
11.00%
T•• B•••• T•• H•••••••• I•••warrants equityNot disclosed$460,000
331c
S•••••• I•••unstated lien unstated$455,000$451,000
100c
S+150 bp
S•••••• I••• 2•equity equityNot disclosed$450,000
100c
F•• H••••• U• L••••••unstated lien unstated$460,000$450,000
100c
S+575 bp
T••• F••••••• I•••unstated lien unstated$434,000$440,000
100c
11.00%
F•••••••• I•••term loan lien unstated$372,000$378,000
100c
S+675 bp
T••• F••••••• I•••unstated lien unstated$361,000$370,000
100c
11.00%
M••••••• T••••••••• C••••••••• 3•equity equityNot disclosed$366,000
73c
F•••••••• I•••warrants equityNot disclosed$353,000
2353c
N•••••• O•• W•••• A•unstated lien unstated$356,000$347,000
105c
S+825 bp
PIK 8.25%
A••• H•••••••• I•••warrants equityNot disclosed$343,000
95c
O•••••••• I•••term loan lien unstated$334,000$336,000
100c
S+350 bp
E•••••••• A• I•••warrants equityNot disclosed$336,000
181c
M• M•••• L••••••term loan lien unstated$1.7M$331,000
57c
W••• D••• I•••equity equityNot disclosed$322,000
129c
A••••••••• I••• 1•warrants equityNot disclosed$319,000
247c
T••• F••••••• I•••unstated lien unstated$300,000$315,000
100c
11.00%
O••••••• H•••••• I••• 4•warrants equityNot disclosed$315,000
100c
F•••• B•••••• L••unstated lien unstated$324,000$307,000
91c
12.00%
F•••• L•••• I•••equity equityNot disclosed$303,000
121c
F•••• B•••••• L••unstated lien unstated$315,000$299,000
91c
12.00%
T••• F••••••• I•••warrants equityNot disclosed$287,000
235c
Q•••••• C•••••••• I•••unstated lien unstated$283,000$286,000
100c
S+575 bp
P•• F••• I•••equity equityNot disclosed$285,000
143c
W•••••••• F•••••• L•••••••• L••••••unstated lien unstated$244,000$273,000
110c
S+675 bp
D•••••• H•••••••• I•••warrants equityNot disclosed$272,000
296c
O••• C•••• ••••• G••••• C••••• 4•warrants equityNot disclosed$270,000
321c
F••••••••• I•••equity equityNot disclosed$268,000
99c
B••• G••••••••• I•••••unstated lien unstated$250,000$265,000
100c
S+525 bp
T••• F••••••• I•••unstated lien unstated$250,000$265,000
100c
11.00%
C••••••• I•••unstated lien unstated$228,000$263,000
100c
S+325 bp
K• H•••••• I•••warrants equityNot disclosed$263,000
141c
K•••• F•••••••• T••••••••• I•••••••••unstated lien unstated$281,000$263,000
100c
S+375 bp
H•••• G•••equity equityNot disclosed$255,000
58c
J••• S••••••• 1•equity equityNot disclosed$252,000
67c
C••••• I••••••••• I•••equity equityNot disclosed$250,000
100c
P••••• A• F•••• G•••equity equityNot disclosed$250,000
100c
E••••••••• I•••warrants equityNot disclosed$250,000
100c
F•••• B•••••• L••unstated lien unstated$263,000$250,000
92c
12.00%
O•••••• F••• I• L•equity equityNot disclosed$250,000
100c
F•••• B•••••• L••unstated lien unstated$263,000$249,000
91c
12.00%
D•••• G•••unstated lien unstated$723,000$249,000
34c
H••••••••• I•••unstated lien unstated$250,000$246,000
100c
18.00%
Page 2 of 6PreviousNext
Registration
Fiscal year end
1231reported
Incorporated
MDreported
On the SEC BDC report
2021 to 2026reported
Filings listed
19reported10-Q and 10-K since 2022
Former names
T••••••••• Global Venture Credit, LLCreported
Latest schedule
0001792509-26-000024reported

Not yet on record: first lien.