DFX Intelligence
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.
M•• I••••••••• C••••
Business development companyNon-traded· NEW YORK, NY
A non-traded business development company, holding $6.9B across 112 borrowers at Jun 30, 2026.
Composed from this BDC's filings and its latest schedule of investments.
As of · the latest schedule of investments read for this BDC
- Fair value
- $6.9B
- Borrowers
- 112
- Mark on cost
- 99.1¢
- First lien
- 98%
As of · the latest schedule of investments read for this BDC
What matters now
- 5 below 80¢$134M principal
5 positions across 5 borrowers marked below 80¢ on cost, $134M principal.
Q2 2026 · Marks this low usually come before non-accrual or a restructuring.
Derivedeach position's fair value over cost, 30 Jun 2026 - $5.1B → $6.9Bfair value, 4 quarters
Its portfolio grew 35% at fair value over the last four quarters.
Q2 2026 · A fast-growing book is deploying new capital.
Every headline figure, and the identifiersCIK 1849894 · file 814-01481ShowHide
Fair value
$6.9B
as of Jun 30, 2026
Principal held
$6.9B
debt pieces, the filer's figure
Cost
$6.9B
99c on cost, debt pieces
Unfunded
$682M
commitments not yet drawn
Positions
349
112 borrowers
First lien
98%
100% debt by fair value
Quarters on the tape
15
since Dec 31, 2022
Facilities held
186
14 sponsors financed
Portfolio through time
Fair value by quarter end$6.9B as of Jun 30, 2026
Dec 31, 2022$4.9B then
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2026 | $6.9B | 112 | 99c | 21 | 556 bp |
| Mar 31, 2026 | $6.8B | 112 | 99c | 28 | 550 bp |
| Dec 31, 2025 | $6.4B | 109 | 100c | 24 | 549 bp |
| Sep 30, 2025 | $5.6B | 102 | 100c | 25 | 559 bp |
All 15 quartersShow fewer
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2025 | $5.1B | 97 | 100c | 22 | 561 bp |
| Mar 31, 2025 | $25B | 94 | 100c | 22 | 562 bp |
| Dec 31, 2024 | $23B | 102 | 100c | 22 | 564 bp |
| Sep 30, 2024 | $21B | 93 | 100c | 13 | 570 bp |
| Jun 30, 2024 | $17B | 82 | 100c | 13 | 574 bp |
| Mar 31, 2024 | $13B | 67 | 100c | 10 | 599 bp |
| Dec 31, 2023 | $11B | 62 | 100c | 8 | 619 bp |
| Sep 30, 2023 | $8.8B | 56 | 99c | 8 | 625 bp |
| Jun 30, 2023 | $7.9B | 55 | 99c | 8 | 627 bp |
| Mar 31, 2023 | $6.0B | 46 | 97c | 6 | 642 bp |
| Dec 31, 2022 | $4.9B | 40 | 96c | 6 | 647 bp |
Sponsors financed
- 4 borrowers $168M
- H••••• C••••••• L•• possible2 borrowers $141M
- P••••••• E••••• A•••••••• L•• possible1 borrower $174M
- F•• C•••••• possible1 borrower $124M
- S•• P•••••••• L•• possible1 borrower $124M
All 15 sponsorsShow fewer
- L••••••••• • C••• L•• possible1 borrower $92.7M
- W•••••• P••••• L•• possible1 borrower $83.5M
- N•••••• M••••••••• I••• possible1 borrower $75.0M
- I••••••• H••••••• L• inferred1 borrower $70.7M
- P•••• S••••••• P•••••••• L•• possible1 borrower $69.4M
- 1 borrower $55.3M
- O•••••• I••••••••• P•••••••• L•• possible1 borrower $34.2M
- R•••••••• P•••••••• L•• possible1 borrower $29.8M
- M••••••••• T•• M••••••••• C••• L•• possible1 borrower $26.9M
- A••••••• M••••••••• H••••••• L• possible1 borrower $25.1M
What changed
- New sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
Full timeline · 20 eventsShow fewer
- New lender joined a facilityJun 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 sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
- 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
- New borrower on a BDC scheduleJun 30, 2026
Largest facilities held, with co-lenders
- A••••••••• F• L•• first lien delayed draw term loan1 BDC hold it · matures Aug 15, 2030$195M 100c
- P••••••••• first lien term loan1 BDC hold it · matures Oct 15, 2032$185M 102c
- B•••• • R••• first lien term loan3 BDCs hold it · matures Oct 3, 2030$175M 100c
- R•••••• first lien term loan1 BDC hold it · matures Mar 23, 2028$156M 98c
- M••••••••• first lien term loan1 BDC hold it · matures Nov 3, 2032$149M 100c
- V•••••• G••••• L•• first lien term loan1 BDC hold it · matures Oct 18, 2031$148M 100c
- J• • J• V••••••• G••••• first lien term loan3 BDCs hold it · matures Apr 30, 2030$133M 102c
- E••••••• C•••• T••••••••• I•• first lien term loan2 BDCs hold it · matures Nov 15, 2029$132M 100c
- E•••• first lien term loan1 BDC hold it · matures Dec 30, 2029$131M 100c
- S•••••• A• first lien term loan2 BDCs hold it · matures Feb 29, 2032$130M 111c
- O•••• I•• first lien term loan2 BDCs hold it · matures Jul 25, 2031$128M 100c
- S••••••••• G••••• I•• first lien term loan1 BDC hold it · matures May 31, 2030 · possible sponsor S••••••• E•••••$124M 98c
Schedule of investments at Jun 30, 2026
349 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| F••• W•••• I••••••••• L•• | revolver first lien | Not disclosed | Not disclosed | S+575 bp | |
| A•••••••• | revolver first lien | Not disclosed | Not disclosed | S+550 bp | |
| E••••••• C•••• T••••••••• I•• | revolver first lien | Not disclosed | Not disclosed | S+600 bp | |
| C•••••••• B•••• L•• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+550 bp | |
| C•••••• T••• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+575 bp | |
| S••••••• M••••••••• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+475 bp | |
| D••• H••••••• C•••• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+500 bp | |
| F••••••••• T••••••••• I••• | revolver first lien | Not disclosed | Not disclosed | S+500 bp | |
| S•• H••••••• C••• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+525 bp | |
| S••••••••• G••••• I••• | revolver first lien | Not disclosed | Not disclosed | S+575 bp | |
| U•• D••••• L•• | revolver first lien | Not disclosed | Not disclosed | S+525 bp | |
| B••• T•••• L•• | revolver first lien | Not disclosed | Not disclosed | S+475 bp | |
| S•••••• A• | revolver first lien | Not disclosed | Not disclosed | S+550 bp | |
| C•••••••• H••••••• L•• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+700 bp | |
| S••••••• M••••••••• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+475 bp | |
| S•••••• A• | revolver first lien | Not disclosed | Not disclosed | S+550 bp | |
| K••• U• B•••• L•• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+575 bp | |
| B••••• G••••• | revolver first lien | Not disclosed | Not disclosed | S+475 bp | |
| S•••••• B••••••• B••••••• C•• C••••••• Services | revolver first lien | Not disclosed | Not disclosed | SOFR+475 bp | Dec 27, 2030 |
| F•••••••• | revolver first lien | Not disclosed | Not disclosed | S+525 bp | |
| H••••••• I••••••••• L•• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+575 bp | |
| T•••• U••••••• C••••••••• | unstated lien unstated | Not disclosed | Not disclosed | ||
| S•••••• P••••••• a•• A•••••••• I••• | revolver first lien | Not disclosed | Not disclosed | S+475 bp | |
| S•• C•••• | revolver first lien | Not disclosed | Not disclosed | S+450 bp | |
| S•• C•••• | revolver first lien | Not disclosed | Not disclosed | S+450 bp | |
| P•••••• H•••••• C• I•• | revolver first lien | Not disclosed | Not disclosed | S+525 bp | |
| S•••••• P••••••• a•• A•••••••• I••• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+475 bp | |
| T••• T••••• A••••••• B•••••••• L•• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+525 bp | |
| R•• F•• C• A••••••••• C•••• | delayed draw term loan first lien | Not disclosed | Not disclosed | ||
| C•••••••• H••••••• L•• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+700 bp | |
| F••••••••• R••• P••••••• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+475 bp | |
| F••••••••• R••• P••••••• | revolver first lien | Not disclosed | Not disclosed | S+475 bp | |
| S•••••• B••••••• B••••••• C•• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+475 bp | |
| C•••••• T••• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+575 bp | |
| B•••• • R••• | revolver first lien | Not disclosed | Not disclosed | S+500 bp | |
| I••••••• P•• N•••••••• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+550 bp | |
| A•••••• I••••••••• H•••••••• I••• | revolver first lien | Not disclosed | Not disclosed | ||
| C•••••• L•• | revolver first lien | Not disclosed | Not disclosed | S+600 bp | |
| F••• W•••• I••••••••• L•• | revolver first lien | Not disclosed | Not disclosed | S+575 bp | |
| F•••••••• | revolver first lien | Not disclosed | Not disclosed | S+525 bp | |
| S•••••• P••••••• a•• A•••••••• I••• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+475 bp | |
| A••••••••• F• L•• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+475 bp | |
| B••• T•••• L•• | revolver first lien | Not disclosed | Not disclosed | S+475 bp | |
| L••••••••• | revolver first lien | Not disclosed | Not disclosed | S+525 bp | |
| S•••••• B••••••• B••••••• C•• | revolver first lien | Not disclosed | Not disclosed | S+475 bp | |
| K••• U• B•••• L•• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+575 bp | |
| R•• F•• C• A••••••••• C•••• | delayed draw term loan first lien | Not disclosed | Not disclosed | ||
| N•••••• P•••••••• I••• | revolver first lien | Not disclosed | Not disclosed | S+450 bp | |
| L• P•••••••• B••••• I•• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+565 bp |
Page 4 of 4Previous
Registration
- Fiscal year end
- 1231reported
- Incorporated
- MDreported
- On the SEC BDC report
- 2022 to 2026reported
- Filings listed
- 18reported10-Q and 10-K since 2022
- Former names
- M•• I•••••••••, LLC; M•• I••••••••• C••••, LLCreported
- Latest schedule
- 0001193125-26-352436reported
Across the graphs
M•• I••••••••• C•••• is the same institution as 1 record in Family Offices.
Family Offices1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
Checking your plan…
Capital chain
M•• I••••••••• C•••• sits on 47 traced paths of capital across the graphs.
Sponsor to borrower to facility to lenderPE sponsor to borrower to facility to lender
Every record on each path, what it committed or lent, and as of when. The capital chain is a join across the graphs and opens with the Data Factory.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Position history
946 field-level changes across filed schedules, latest first
- 2026-06-30
- 2026-06-30
- 2026-06-30
- 2026-06-30
- 2026-06-30
- 2026-06-30
- 2026-06-30
- Position exitedC••••••• H••••••• I••2026-06-30
- Position exitedC••••••• H••••••• I••2026-06-30
- 2026-06-30
Each line is one position compared between two consecutive BDC schedules of investments: principal, fair value mark, spread, PIK and maturity, as filed with the SEC.