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
Apollo Debt Solutions BDC
Fair value
$25B
as of Jun 30, 2026
Principal held
$26B
debt pieces, the filer's figure
Cost
$26B
99c on cost
Unfunded
n/a
commitments not yet drawn
Positions
835
425 borrowers
First lien
100%
100% debt by fair value
Quarters on the tape
15
since Dec 31, 2022
Facilities held
750
24 sponsors financed
Portfolio through time
Fair value by quarter end$25B as of Jun 30, 2026
Dec 31, 2022$22B then
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2026 | $25B | 425 | 99c | 30 | 459 bp |
| Mar 31, 2026 | $25B | 427 | 99c | 35 | 457 bp |
| Dec 31, 2025 | $26B | 450 | 100c | 28 | 452 bp |
| Sep 30, 2025 | $22B | 442 | 101c | 36 | 459 bp |
| Jun 30, 2025 | $20B | 399 | 101c | 33 | 475 bp |
| Mar 31, 2025 | $82B | 542 | 100c | 23 | 486 bp |
| Dec 31, 2024 | $73B | 524 | 100c | 25 | 499 bp |
| Sep 30, 2024 | $57B | 444 | 101c | 20 | 510 bp |
| Jun 30, 2024 | $52B | 394 | 100c | 13 | 533 bp |
| Mar 31, 2024 | $29B | 312 | 101c | 10 | 547 bp |
| Dec 31, 2023 | $30B | 261 | 101c | 8 | 575 bp |
| Sep 30, 2023 | $24B | 247 | 100c | 8 | 556 bp |
| Jun 30, 2023 | $21B | 231 | 99c | 5 | 554 bp |
| Mar 31, 2023 | $19B | 193 | n/a | 5 | 537 bp |
| Dec 31, 2022 | $22B | 180 | 98c | 9 | 525 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
- Warburg Pincus LLC carried3 borrowers $79.6M
- Leonard Green & Partners, L.P. carried3 borrowers $43.1M
- 2 borrowers $121M
- Clayton, Dubilier & Rice, LLC carried2 borrowers $63.4M
- H.I.G. Capital, LLC carried2 borrowers $57.9M
- AEA Qp Advisers LLC carried2 borrowers $17.8M
- The Sterling Group, L.P. carried2 borrowers $15.2M
- Francisco Partners carried2 borrowers n/a
- Alpha Wave Global, LP carried1 borrower $220M
- TPG Growth carried1 borrower $175M
- Stone Point Capital LLC carried1 borrower $114M
- Gamut Capital Management, L.P. carried1 borrower $92.2M
- Brentwood Private Equity, LLC carried1 borrower $89.5M
- 1 borrower $79.4M
- Clayton carried1 borrower $70.9M
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 sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
Largest facilities held, with co-lenders
- Karo Kairos Intermediateco AB first lien term loan1 BDC hold it · matures Aug 26, 2032$764M 99c
- Fortnox OMEGA II AB first lien term loan1 BDC hold it · matures Jun 17, 2032$659M 98c
- Valor VCI Asset Holdings 1 LLC first lien term loan1 BDC hold it · matures Apr 24, 2031$492M 105c
- Enverus Edition Holdings, Inc first lien term loan1 BDC hold it · matures Dec 20, 2032$358M 99c
- Greencross Vermont Aus Pty Ltd first lien term loan1 BDC hold it · matures Mar 23, 2028$324M 103c
- MRO Holdings MRO Holdings, Inc first lien term loan1 BDC hold it · matures Oct 4, 2032$324M 100c
- Mari Events Midco LLC first lien term loan3 BDCs hold it · matures Oct 1, 2032$318M 100c
- One Call Medical One Call Corporation first lien term loan1 BDC hold it · matures Sep 10, 2030$309M 100c
- Opseo Holding B.V first lien term loan1 BDC hold it · matures Jan 21, 2033$248M 98c
- Leaf Home LHS Borrower LLC first lien term loan1 BDC hold it · matures Sep 4, 2031$248M 100c
- Omega Healthcare OMH-Healthedge Holdings, Inc first lien term loan2 BDCs hold it · matures Apr 1, 2030$248M 97c
- BDO USA BDO USA first lien term loan2 BDCs hold it · matures Aug 31, 2028$230M 98c
Schedule of investments at Jun 30, 2026
835 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| Enverus Edition Holdings, Inc. Software | term loan first lien | $358M | $354M 99c | SOFR+450 bp | Dec 20, 2032 |
| MRO Holdings MRO Holdings, Inc. Aerospace & Defense | term loan first lien | $324M | $323M 100c | SOFR+450 bp | Oct 4, 2032 |
| Mari Events Midco LLC Media | term loan first lien | $318M | $314M 100c | SOFR+400 bp | Oct 1, 2032 |
| One Call Medical One Call Corporation Health Care Providers & Services | term loan first lien | $309M | $305M 100c | SOFR+575 bp | Sep 10, 2030 |
| Opseo Holding B.V. Health Care Providers & Services | term loan first lien | $248M | $280M 98c | //gwms.apollo.com/20260630#Euro Interbank Offered Rate+490 bp | Jan 21, 2033 |
| Leaf Home LHS Borrower LLC Building Products | term loan first lien | $248M | $244M 100c | SOFR+525 bp | Sep 4, 2031 |
| Adevinta Aurelia Netherlands BV Interactive Media & Services | term loan first lien | $212M | $243M 105c | //gwms.apollo.com/20260630#Euro Interbank Offered Rate+475 bp | May 29, 2031 |
| Omega Healthcare OMH-Healthedge Holdings, Inc. Health Care Providers & Services | term loan first lien | $248M | $241M 97c | SOFR+425 bp | Apr 1, 2030 |
| Valor VCI Asset Holdings 1 LLC Technology Hardware, Storage & Peripherals | term loan first lien | $225M | $240M 108c | 10.00% | Nov 20, 2030 |
| Greencross Vermont Aus Pty Ltd Diversified Consumer Services | term loan first lien | $324M | $225M 103c | //gwms.apollo.com/20260630#Bank Bill Swap Rate+450 bp | Mar 23, 2028 |
| Delivery Hero Finco LLC Hotels, Restaurants & Leisure | term loan first lien | $216M | $218M 104c | SOFR+500 bp | Jun 30, 2032 |
| Advarra Holdings, Inc. Health Care Technology | term loan first lien | $216M | $213M 99c | SOFR+450 bp | Sep 15, 2031 |
| ISC IRIS Specialty Acquisition LLC Insurance | term loan first lien | $215M | $212M 99c | SOFR+450 bp | Nov 20, 2032 |
| Suave Silk Holdings III Corp. Personal Care Products | term loan first lien | $210M | $209M 100c | SOFR+450 bp | Dec 3, 2032 |
| Triumph TITAN BW BORROWER L.P. Aerospace & Defense | term loan first lien | $202M | $201M 101c | SOFR+250 bp PIK 2.88% | Jul 24, 2032 |
| Valor VCI Asset Holdings 2 LLC Technology Hardware, Storage & Peripherals | term loan first lien | $196M | $201M 104c | 7.38% | Feb 18, 2031 |
| Encore AVSC Holding Corp. Commercial Services & Supplies | term loan first lien | $200M | $198M 101c | SOFR+500 bp | Dec 5, 2031 |
| Catalent Creek Parent, Inc. Pharmaceuticals | term loan first lien | $200M | $197M 100c | SOFR+500 bp | Dec 18, 2031 |
| Clarience Technologies Truck-Lite Co., LLC Automobile Components | term loan first lien | $194M | $193M 100c | SOFR+475 bp | Feb 13, 2032 |
| ASC Engineered Solutions Fire Flow Intermediate Corporation Construction & Engineering | term loan first lien | $193M | $192M 100c | SOFR+475 bp | Jul 10, 2031 |
| Jeppesen JEPPESEN HOLDINGS, LLC Software | term loan first lien | $194M | $191M 100c | SOFR+475 bp | Nov 1, 2032 |
| BDO USA BDO USA, P.A. Professional Services | term loan first lien | $196M | $191M 98c | SOFR+500 bp | Aug 31, 2028 |
| Accel International Holdings, LLC Aerospace & Defense | term loan first lien | $187M | $187M 101c | SOFR+425 bp | Apr 26, 2032 |
| Service Express Victors Purchaser, LLC Technology Hardware, Storage & Peripherals | term loan first lien | $183M | $182M 100c | SOFR+425 bp | Dec 23, 2032 |
| Hargreaves Lansdown Harp Finco Limited Financial Services | term loan first lien | $135M | $181M 105c | //gwms.apollo.com/20260630#Sterling Overnight Index Average+500 bp | Mar 27, 2032 |
| Crunch Fitness Merger Sub, LLC Hotels, Restaurants & Leisure | term loan first lien | $175M | $175M 100c | SOFR+450 bp | Sep 26, 2031 |
| Datavant CT Technologies Intermediate Holdings Health Care Technology | term loan first lien | $177M | $173M 98c | SOFR+475 bp | Sep 2, 2031 |
| Service Logic Saber Parent Holdings Corp Commercial Services & Supplies | term loan first lien | $170M | $171M 101c | SOFR+250 bp PIK 2.25% | Dec 16, 2032 |
| Gannett USA TODAY Co Inc Media | term loan first lien | $171M | $170M 101c | SOFR+450 bp | Oct 15, 2029 |
| Curia Global, Inc. Life Sciences Tools & Services | term loan first lien | $212M | $168M 81c | PIK 9.92% | Dec 6, 2029 |
| R.R. Donnelley R. R. Donnelley & Sons Company Commercial Services & Supplies | term loan first lien | $168M | $166M 101c | SOFR+475 bp | Aug 8, 2029 |
| Amey Project Ardent Bidco Limited Transportation Infrastructure | term loan first lien | $125M | $163M 104c | //gwms.apollo.com/20260630#Sterling Overnight Index Average+525 bp | Nov 12, 2031 |
| Biogaran Bastille Bidco SAS Pharmaceuticals | term loan first lien | $143M | $162M 96c | //gwms.apollo.com/20260630#Euro Interbank Offered Rate+475 bp | Oct 7, 2032 |
| Redwood Runway Bidco, LLC Software | term loan first lien | $165M | $159M 97c | SOFR+450 bp | Dec 17, 2031 |
| PDC Brands Parfums Holding Company, Inc. Personal Care Products | term loan first lien | $159M | $158M 100c | SOFR+500 bp | Jun 27, 2030 |
| Rise Baking Viking Baked Goods Acquisition Corporation Consumer Staples Distribution & Retail | term loan first lien | $158M | $158M 101c | SOFR+500 bp | Nov 4, 2031 |
| Busy Bees Eagle Bidco Limited Diversified Consumer Services | term loan first lien | $118M | $157M 100c | //gwms.apollo.com/20260630#Sterling Overnight Index Average+450 bp | Feb 29, 2032 |
| Allied Benefit Systems Intermediate LLC Health Care Providers & Services | term loan first lien | $158M | $157M 100c | SOFR+500 bp | Oct 31, 2030 |
| Vensure Employer Services, Inc. IT Services | term loan first lien | $161M | $156M 98c | SOFR+500 bp | Sep 29, 2031 |
| Quorum QBS Parent, Inc. Software | term loan first lien | $158M | $153M 97c | SOFR+450 bp | Jun 3, 2032 |
| Polywood Poly-Wood, LLC Household Durables | term loan first lien | $153M | $152M 101c | SOFR+488 bp | Mar 20, 2030 |
| ASDA Bellis Acquisition Company PLC Consumer Staples Distribution & Retail | term loan first lien | $117M | $151M 107c | //gwms.apollo.com/20260630#Sterling Overnight Index Average+603 bp | Oct 22, 2029 |
| PureStar AMCP Clean Acqusition Company, LLC Commercial Services & Supplies | term loan first lien | $146M | $149M 103c | SOFR+425 bp | Jun 15, 2030 |
| Couchbase Cascade Parent Inc. Software | term loan first lien | $153M | $147M 98c | SOFR+575 bp | Sep 24, 2031 |
| Databricks Databricks, Inc. Software | term loan first lien | $146M | $146M 100c | SOFR+450 bp | Jan 5, 2032 |
| JOA Joker Holdco 3 S.a r.l. Hotels, Restaurants & Leisure | term loan first lien | $127M | $144M 108c | //gwms.apollo.com/20260630#Euro Interbank Offered Rate+600 bp | Apr 19, 2031 |
| Grant Thornton UK Pacioli UK Midco Limited Professional Services | term loan first lien | $110M | $143M 100c | //gwms.apollo.com/20260630#Sterling Overnight Index Average+500 bp | Apr 14, 2032 |
| Iconix Brand Group IBG Borrower LLC Textiles, Apparel & Luxury Goods | term loan first lien | $142M | $139M 100c | //gwms.apollo.com/20260630#Canadian Overnight Repo Rate Average+515 bp | Aug 22, 2031 |
| Sabre Industries Tiger Acquisition, LLC Metals & Mining | term loan first lien | $135M | $135M 102c | SOFR+275 bp | Aug 23, 2032 |
| GridTek BGIF IV Fearless Utility Services, Inc. Electric Utilities | term loan first lien | $133M | $131M 99c | //gwms.apollo.com/20260630#Sterling Overnight Index Average+500 bp | Jun 9, 2031 |
| Qualus Qinetic, Inc. Professional Services | term loan first lien | $131M | $130M 100c | SOFR+475 bp | May 2, 2033 |
| Title Resource Group RE Closing Buyer Corp. Financial Services | term loan first lien | $131M | $128M 100c | SOFR+550 bp | Sep 27, 2031 |
| Delivery Hero Finco Germany GmbH Hotels, Restaurants & Leisure | term loan first lien | n/a | $128M 91c | //gwms.apollo.com/20260630#South Korea Short Term Interest Rate+500 bp | Dec 12, 2029 |
| Golden Hippo Pet, LLC Consumer Staples Distribution & Retail | term loan first lien | $127M | $125M 100c | SOFR+425 bp | Feb 5, 2031 |
| EG Group EG Global Finance PLC Specialty Retail | term loan first lien | $118M | $123M 107c | SOFR+750 bp | Nov 30, 2028 |
| Russell Investments US Institutional Holdco Inc Capital Markets | term loan first lien | $122M | $121M 101c | SOFR+500 bp PIK 0.75% | Dec 29, 2032 |
| Karo Kairos Intermediateco AB Pharmaceuticals | term loan first lien | $106M | $120M 98c | //gwms.apollo.com/20260630#Euro Interbank Offered Rate+475 bp | Aug 26, 2032 |
| Gainwell Acquisition Corp. Health Care Technology | term loan first lien | $121M | $119M 100c | SOFR+410 bp | Oct 1, 2027 |
| Higginbotham Insurance Agency, Inc. Insurance | term loan first lien | $120M | $119M 99c | SOFR+450 bp | Jun 11, 2031 |
| Zendesk Zendesk, Inc. Software | term loan first lien | $127M | $118M 94c | SOFR+500 bp | Nov 22, 2028 |
| G2CI Evergreen IX Borrower 2023, LLC Software | term loan first lien | $121M | $117M 99c | Sep 30, 2030 | |
| Stretto Stretto, Inc. Financial Services | term loan first lien | $120M | $117M 99c | SOFR+525 bp | Oct 13, 2028 |
| Cambrex Corp. Life Sciences Tools & Services | term loan first lien | $116M | $116M 101c | SOFR+475 bp | Mar 5, 2032 |
| MyDentist SPARKLE BIDCO LIMITED Health Care Providers & Services | term loan first lien | $87.5M | $114M 100c | //gwms.apollo.com/20260630#Sterling Overnight Index Average+525 bp | Oct 14, 2032 |
| Vantive Spruce Bidco II Inc. Health Care Equipment & Supplies | term loan first lien | $116M | $114M 100c | SOFR+475 bp | Jan 30, 2032 |
| Citation Group Rocket Bidco Limited Professional Services | term loan first lien | $85.9M | $114M 109c | //gwms.apollo.com/20260630#Sterling Overnight Index Average+475 bp | Jan 15, 2032 |
| Intralot Capital Luxembourg SA Intralot Capital Luxembourg SA Hotels, Restaurants & Leisure | term loan first lien | $86.0M | $112M 99c | //gwms.apollo.com/20260630#Sterling Overnight Index Average+550 bp | Sep 18, 2031 |
| Tivity Health Health, Inc. Health Care Providers & Services | term loan first lien | $111M | $111M 101c | SOFR+500 bp | Jun 28, 2029 |
| Eagle Railcar Elk Bidco, Inc Transportation Infrastructure | term loan first lien | $112M | $108M 97c | SOFR+450 bp | Jun 14, 2032 |
| ECS Group Quito Ground Transportation | term loan first lien | $95.3M | $107M 98c | //gwms.apollo.com/20260630#Euro Interbank Offered Rate+500 bp | Jan 22, 2033 |
| PIB Paisley Bidco Limited Financial Services | term loan first lien | $84.7M | $107M 101c | //gwms.apollo.com/20260630#Sterling Overnight Index Average+350 bp PIK 2.00% | May 7, 2031 |
| Champions Group LIDO Purchaser, Inc Commercial Services & Supplies | term loan first lien | $107M | $106M 100c | SOFR+475 bp | Apr 4, 2033 |
| MYOB US Borrower LLC Software | term loan first lien | $158M | $105M 103c | //gwms.apollo.com/20260630#Bank Bill Swap Rate+250 bp PIK 2.88% | Jun 6, 2030 |
| Stamps.com Auctane, Inc. Commercial Services & Supplies | term loan first lien | $107M | $105M 100c | SOFR+575 bp | Jun 1, 2033 |
| Kroll Deerfield Dakota Holding, LLC Professional Services | term loan first lien | $106M | $105M 99c | SOFR+300 bp PIK 2.75% | Sep 13, 2032 |
| PureStar AMCP Clean Acqusition Company, LLC Commercial Services & Supplies | delayed draw term loan first lien | $101M | $102M 102c | SOFR+425 bp | Jun 15, 2030 |
| Legends Hospitality Holding Company, LLC Diversified Consumer Services | term loan first lien | $101M | $100M 100c | SOFR+275 bp PIK 2.75% | Aug 22, 2031 |
| Legacy Service Partners Legacy Service Partners, LLC Diversified Consumer Services | term loan first lien | $98.9M | $98.9M 100c | SOFR+450 bp | Nov 10, 2031 |
| Quikrete Holdings, Inc. Building Products | term loan first lien | $97.7M | $97.7M 100c | SOFR+225 bp | Feb 10, 2032 |
| ORS Nasco WC ORS Buyer, Inc. Trading Companies & Distributors | term loan first lien | $95.7M | $95.1M 101c | SOFR+475 bp | Aug 7, 2031 |
| Consumer Cellular CCI Buyer, Inc. Wireless Telecommunication Services | term loan first lien | $94.1M | $94.6M 101c | SOFR+500 bp | May 13, 2032 |
| Keystone Koala Investment Holdings, Inc. Insurance | term loan first lien | $95.4M | $93.9M 99c | SOFR+425 bp | Aug 29, 2032 |
| Mace Consult Consult Bidco Ltd Professional Services | term loan first lien | $71.6M | $93.7M 100c | //gwms.apollo.com/20260630#Sterling Overnight Index Average+500 bp | Mar 7, 2033 |
| Howden Group Hyperion Refinance Sarl Insurance | delayed draw term loan first lien | $101M | $92.8M 93c | SOFR+475 bp | Feb 15, 2031 |
| JPW Industries Holding Corporation Machinery | term loan first lien | $92.2M | $91.3M 100c | SOFR+588 bp | Nov 22, 2028 |
| Tekni-Plex Trident TPI Holdings, Inc. Containers & Packaging | term loan first lien | $91.1M | $87.6M 97c | SOFR+375 bp | Sep 15, 2028 |
| Hilb Group Thg Acquisition, LLC Insurance | term loan first lien | $88.8M | $87.4M 99c | SOFR+475 bp | Oct 31, 2031 |
| Safe-Guard SG Acquisition, Inc. Insurance | term loan first lien | $86.9M | $86.2M 100c | SOFR+475 bp | Apr 3, 2030 |
| Uniti Group Inc. Windstream Services, LLC Diversified Telecommunication Services | term loan first lien | $84.6M | $85.2M 102c | SOFR+400 bp | Oct 6, 2032 |
| Aspen Apple SG Bidco Pte. Ltd. Pharmaceuticals | term loan first lien | $124M | $85.1M 98c | //gwms.apollo.com/20260630#Bank Bill Swap Rate+475 bp | Mar 19, 2033 |
| Suvoda Goldeneye Parent, LLC Health Care Technology | term loan first lien | $87.3M | $85.0M 98c | SOFR+475 bp | Mar 31, 2032 |
| Soho House & Co Inc. Soho House Hotels, Restaurants & Leisure | term loan first lien | $85.9M | $84.8M 100c | 5.38% PIK 5.38% | Jan 29, 2032 |
| Gateway Services Gateway US Holdings, Inc. Diversified Consumer Services | term loan first lien | $84.1M | $83.6M 100c | SOFR+475 bp | Sep 22, 2028 |
| Peloton Interactive, Inc. Leisure Products | term loan first lien | $81.2M | $81.6M 101c | SOFR+550 bp | May 30, 2029 |
| Interpath Pathfinder Bidco Limited Financial Services | term loan first lien | $62.2M | $81.2M 98c | //gwms.apollo.com/20260630#Sterling Overnight Index Average+500 bp | Apr 8, 2033 |
| True Potential Kane Bidco Limited Capital Markets | term loan first lien | $61.0M | $80.9M 104c | //gwms.apollo.com/20260630#Sterling Overnight Index Average+500 bp | Mar 21, 2030 |
| HHAeXchange Homecare Software Solutions LLC Software | term loan first lien | $78.3M | $76.6M 98c | SOFR+525 bp | Jun 16, 2031 |
| Waystone Sigma Irish Acquico Limited Professional Services | term loan first lien | $67.5M | $76.6M 106c | //gwms.apollo.com/20260630#Euro Interbank Offered Rate+525 bp | Mar 19, 2032 |
| Funecap Holding Diversified Consumer Services | term loan first lien | $68.7M | $76.6M 98c | //gwms.apollo.com/20260630#Euro Interbank Offered Rate+600 bp | Nov 13, 2032 |
| Jensen Hughes Jensen Hughes, Inc Professional Services | term loan first lien | $77.5M | $76.5M 100c | SOFR+475 bp | Sep 1, 2031 |
Page 1 of 9Next
Registration
- Fiscal year end
- 1231reported
- Incorporated
- unknownreported
- On the SEC BDC report
- 2022 to 2026reported
- Filings listed
- 19reported10-Q and 10-K since 2022
- Latest schedule
- 0001193125-26-341358reported