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

North Haven Private Income Fund LLC

BDCnon-tradedCIK 1851322file 814-01489NEW YORK, NYmanaged by MS CAPITAL PARTNERS ADVISER INC.
Fair value
$6.3B
as of Jun 30, 2026
Principal held
$6.3B
debt pieces, the filer's figure
Cost
$6.5B
98c on cost
Unfunded
$672M
commitments not yet drawn
Positions
1,112
378 borrowers
First lien
97%
97% debt by fair value
Quarters on the tape
15
since Dec 31, 2022
Facilities held
638
47 sponsors financed
Portfolio through time
Fair value by quarter end$6.3B as of Jun 30, 2026
Dec 31, 2022$2.0B then
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Jun 30, 2026$6.3B37898c67480 bp
Mar 31, 2026$6.6B37498c52480 bp
Dec 31, 2025$6.9B38899c49481 bp
Sep 30, 2025$6.7B37599c46487 bp
Jun 30, 2025$6.8B33599c52495 bp
Mar 31, 2025$6.5B33199c45499 bp
Dec 31, 2024$14B425100c84507 bp
Sep 30, 2024$5.9B296100c39520 bp
Jun 30, 2024$4.3B25999c28527 bp
Mar 31, 2024$3.8B24599c21539 bp
Dec 31, 2023$3.2B21999c21550 bp
Sep 30, 2023$2.8B21499c13543 bp
Jun 30, 2023$2.6B21098c7539 bp
Mar 31, 2023$2.1B21197c6530 bp
Dec 31, 2022$2.0B20996c5520 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

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
1,112 positions
BorrowerInstrumentPrincipalFair valueRateMaturity
Foundation Risk Partners Corp.
Insurance Services
term loan first lien$19.2M$19.2M
101c
SOFR+475 bpOct 29, 2030
SitusAMC Holdings Corporation
Financial Services
term loan first lien$19.1M$19.1M
100c
SOFR+550 bpMay 14, 2031
Automobiles COP Collisionright Parent, LLCterm loan first lien$19.3M$19.0M
100c
SOFR+475 bpJan 29, 2030
PPV Intermediate Holdings, LLC
Health Care Providers & Services
term loan first lien$19.1M$18.9M
99c
SOFR+575 bpAug 31, 2029
Pharmaceuticals Real Chemistry Intermediate III, Inc.term loan first lien$19.1M$18.8M
99c
SOFR+450 bpApr 12, 2032
KPSKY Acquisition, Inc.
Construction & Engineering
term loan first lien$20.4M$18.8M
94c
SOFR+550 bpOct 19, 2028
Patriot Growth Insurance Services, LLC
Insurance Services
term loan first lien$19.2M$18.8M
98c
SOFR+500 bpOct 16, 2028
HSI Halo Acquisition, Inc.
Commercial Services & Supplies
term loan first lien$18.7M$18.7M
101c
SOFR+500 bpJun 30, 2031
Syntax Systems, Ltd.
IT Services
term loan first lien$18.3M$18.3M
100c
SOFR+475 bpOct 27, 2028
Software RSK Holdings, Inc. (Riskonnect)preferred equity equityn/a$18.3M
103c
Software Hootsuite, Inc.term loan first lien$18.5M$18.2M
100c
SOFR+550 bpMay 22, 2030
Dwyer
Electronic Equipment, Instruments & Components
term loan first lien$18.0M$17.9M
100c
SOFR+475 bpJul 20, 2029
Cerity Partners, LLC
Financial Services
term loan first lien$17.8M$17.7M
100c
SOFR+450 bpJul 28, 2031
FMG Suite Holdings, LLC
Interactive Media & Services
term loan first lien$17.9M$17.7M
99c
SOFR+450 bpSep 9, 2032
Tivity Health, Inc.
Health Care Providers & Services
term loan first lien$17.7M$17.6M
100c
SOFR+500 bpJun 28, 2029
Essential Services Holding Corporation
Diversified Consumer Services
term loan first lien$18.7M$17.6M
95c
SOFR+575 bp
PIK 2.88%
Jun 17, 2031
Fetch, Inc.
Insurance Services
term loan first lien$17.7M$17.5M
100c
SOFR+475 bpMar 31, 2033
YI, LLC
Health Care Equipment & Supplies
term loan first lien$17.4M$17.4M
101c
SOFR+575 bpDec 3, 2029
Software Runway Bidco, LLCterm loan first lien$17.8M$17.4M
98c
SOFR+450 bpDec 17, 2031
Patriot Growth Insurance Services, LLC
Insurance Services
term loan first lien$17.5M$17.1M
98c
SOFR+500 bpOct 16, 2028
Inhabitiq, Inc.
Real Estate Management & Development
term loan first lien$17.1M$17.1M
100c
SOFR+450 bpJan 12, 2032
Software Riskonnect Parent, LLCterm loan first lien$17.1M$17.0M
101c
SOFR+475 bpDec 7, 2028
Software Saturn Borrower, Inc.term loan first lien$17.5M$17.0M
98c
SOFR+600 bpNov 10, 2028
Distributors ABB Concise Optical Group, LLCterm loan first lien$17.0M$16.6M
98c
SOFR+750 bpFeb 23, 2028
iCIMS, Inc.
Health Care Providers & Services
term loan first lien$17.0M$16.4M
97c
SOFR+625 bpAug 18, 2028
GI DI Cornfield Acquisition, LLC
IT Services
term loan first lien$16.2M$16.1M
100c
SOFR+450 bpMar 9, 2029
Accel International Holdings, Inc.
Electrical Equipment
term loan first lien$16.0M$16.0M
100c
SOFR+425 bpApr 26, 2032
Software CLEO Communications Holding, LLCterm loan first lien$15.9M$15.9M
100c
SOFR+550 bpJun 9, 2027
Software AuditBoard, Inc.term loan first lien$16.3M$15.8M
98c
SOFR+500 bpJul 14, 2031
DCA TopCo, LP
Electronic Equipment, Instruments & Components
equity equityn/a$15.5M
100c
Heartland Veterinary Partners, LLC
Health Care Providers & Services
term loan first lien$15.3M$15.3M
100c
SOFR+475 bpJun 12, 2028
Procure Acquireco, Inc. (Procure Analytics)
Commercial Services & Supplies
term loan first lien$15.2M$15.2M
100c
SOFR+475 bpDec 20, 2028
ComPsych Investment Corp.
Professional Services
term loan first lien$15.2M$15.2M
100c
SOFR+475 bpJul 22, 2031
Triple Lift, Inc.
Interactive Media & Services
term loan first lien$15.9M$15.1M
97c
SOFR+575 bpMay 5, 2028
BPG Holdings IV Corp.
Commercial Services & Supplies
term loan first lien$27.5M$15.0M
57c
11.58%
PIK 7.85%
Jul 30, 2029
KPSKY Acquisition, Inc.
Construction & Engineering
term loan first lien$16.3M$15.0M
93c
SOFR+550 bpOct 19, 2028
Transit Technologies, LLC
Commercial Services & Supplies
term loan first lien$15.2M$14.8M
98c
SOFR+500 bpAug 20, 2031
Pareto Health Intermediate Holdings, Inc.
Health Care Providers & Services
term loan first lien$14.8M$14.6M
100c
SOFR+500 bpJun 3, 2030
Advarra Holdings, Inc.
Health Care Providers & Services
term loan first lien$14.9M$14.6M
100c
SOFR+450 bpSep 15, 2031
Chemicals V Global Holdings, LLCterm loan first lien$15.9M$14.5M
93c
SOFR+575 bpJan 2, 2029
Carr, Riggs and Ingram Capital, LLC
Professional Services
term loan first lien$14.5M$14.4M
100c
SOFR+450 bpNov 18, 2031
Victors Purchaser, LLC
IT Services
term loan first lien$14.1M$14.1M
101c
SOFR+450 bpDec 23, 2032
Randy's Holdings, Inc.
Automobile Components
term loan first lien$14.0M$13.8M
100c
SOFR+500 bpNov 1, 2029
Software Granicus, Inc.term loan first lien$13.8M$13.8M
100c
SOFR+575 bp
PIK 2.25%
Jan 17, 2031
SV Newco 2, Inc.
Ground Transportation
term loan first lien$13.8M$13.7M
101c
SOFR+500 bpJun 2, 2031
Inszone Mid, LLC
Insurance Services
term loan first lien$13.6M$13.5M
101c
SOFR+525 bpNov 30, 2029
Software Project Leopard Holdings, Inc.term loan first lien$22.5M$13.5M
62c
SOFR+525 bpJul 20, 2029
Software Appfire Technologies, LLCterm loan first lien$13.5M$13.4M
100c
SOFR+475 bpMar 9, 2028
Mobile Communications America, Inc.
Wireless Telecommunication Services
term loan first lien$13.3M$13.3M
101c
SOFR+475 bpOct 16, 2029
Imagine 360, LLC
Health Care Providers & Services
term loan first lien$13.1M$13.1M
101c
SOFR+475 bpOct 2, 2028
Long Term Care Group, Inc.
Insurance Services
term loan first lien$14.6M$13.1M
91c
SOFR+600 bpSep 8, 2027
Software Revalize, Inc.term loan first lien$14.5M$13.1M
92c
SOFR+650 bp
PIK 1.75%
Apr 16, 2029
Software Trunk Acquisition, Inc.term loan first lien$13.0M$13.0M
100c
SOFR+575 bpFeb 19, 2030
Infinite Bidco, LLC
Electronic Equipment, Instruments & Components
term loan second lien$13.3M$13.0M
108c
SOFR+700 bpMar 2, 2029
Two Six Labs, LLC
Aerospace & Defense
term loan first lien$13.0M$12.9M
100c
SOFR+500 bpAug 20, 2030
Vertex Service Partners, LLC
Diversified Consumer Services
term loan first lien$13.1M$12.7M
98c
SOFR+600 bp
PIK 2.53%
Nov 8, 2030
Software Oak Purchaser, Inc.term loan first lien$12.5M$12.3M
99c
SOFR+550 bpMay 31, 2028
Applitools, Inc.
Financial Services
term loan first lien$14.9M$12.3M
83c
9.95%
PIK 6.25%
May 25, 2029
IQN Holding Corp.
Professional Services
term loan first lien$12.2M$12.2M
100c
SOFR+525 bpMay 2, 2029
Majesco, Inc.
Insurance Services
term loan first lien$12.2M$12.1M
99c
SOFR+450 bpJan 7, 2033
Pamlico Avant Holdings, LP
Electronic Equipment, Instruments & Components
term loan first lien$12.1M$11.9M
99c
SOFR+425 bpDec 31, 2032
Gateway US Holdings, Inc.
Health Care Providers & Services
term loan first lien$11.8M$11.7M
100c
SOFR+475 bpSep 22, 2028
Orbcomm, Inc.
Diversified Telecommunication Services
term loan first lien$11.4M$11.3M
100c
SOFR+525 bpApr 27, 2032
Beverages Vamos Bidco, Inc.term loan first lien$11.5M$11.2M
99c
SOFR+450 bpJan 30, 2032
Project Potter Buyer, LLC
Building Products
term loan first lien$11.2M$11.2M
100c
SOFR+525 bpApr 23, 2027
Galway Borrower, LLC
Insurance Services
term loan first lien$11.4M$11.2M
99c
SOFR+450 bpSep 29, 2028
Software Optimizely North America, Inc.term loan first lien$11.6M$11.2M
97c
SOFR+550 bp
PIK 3.00%
Oct 30, 2031
Distributors 48Forty TopCo, LLCpreferred equity equityn/a$11.1M
97c
Tidi Legacy Products, Inc.
Health Care Equipment & Supplies
term loan first lien$11.0M$11.0M
101c
SOFR+450 bpDec 19, 2029
Stepping Stones Healthcare Services, LLC
Health Care Providers & Services
term loan first lien$11.0M$10.9M
100c
SOFR+475 bpJan 5, 2033
Abracon Borrower, LLC
Electronic Equipment, Instruments & Components
term loan first lien$10.9M$10.9M
100c
SOFR+550 bpJun 10, 2030
Smarsh, Inc.
Financial Services
term loan first lien$11.3M$10.8M
96c
SOFR+475 bpFeb 16, 2029
Associations, Inc.
Real Estate Management & Development
term loan first lien$10.7M$10.7M
100c
SOFR+650 bpJul 3, 2028
KENG Acquisition, Inc.
Professional Services
term loan first lien$10.9M$10.7M
100c
SOFR+450 bpAug 1, 2029
Any Hour, LLC
Diversified Consumer Services
term loan first lien$11.9M$10.6M
90c
SOFR+575 bp
PIK 3.25%
May 23, 2030
TA Polaris Buyer, Inc.
Health Care Providers & Services
term loan first lien$10.4M$10.3M
100c
SOFR+425 bpDec 12, 2032
Pritchard Industries, LLC
Real Estate Management & Development
term loan first lien$10.6M$10.3M
98c
SOFR+575 bpOct 13, 2027
CSHC Buyerco, LLC
Health Care Equipment & Supplies
term loan first lien$10.4M$10.3M
100c
SOFR+500 bpApr 29, 2033
Software Knockout Intermediate Holdings I, Inc.preferred equity equityn/a$10.2M
87c
KENG Acquisition, Inc.
Professional Services
term loan first lien$10.2M$10.1M
100c
SOFR+450 bpAug 1, 2029
Vessco Midco Holdings, LLC
Multi-Utilities
term loan first lien$10.1M$9.9M
99c
SOFR+450 bpJul 24, 2031
Distributors Alpine Acquisition Corp. IIterm loan first lien$9.9M$9.9M
100c
SOFR+525 bpJan 14, 2031
Vardiman Black Holdings, LLC
Health Care Providers & Services
term loan first lien$16.9M$9.8M
58c
10.75%
PIK 7.00%
Mar 18, 2027
Spectrum Automotive Holdings Corp.
Automobile Components
term loan first lien$9.8M$9.8M
100c
SOFR+525 bpJun 29, 2028
Software Jawbreaker Parent, Inc.term loan first lien$9.9M$9.8M
99c
SOFR+475 bpJan 31, 2033
TA Polaris Buyer, Inc.
Health Care Providers & Services
term loan first lien$9.7M$9.6M
100c
SOFR+425 bpDec 12, 2032
Vertex Service Partners, LLC
Diversified Consumer Services
term loan first lien$10.0M$9.6M
98c
SOFR+600 bp
PIK 2.53%
Nov 8, 2030
Galway Borrower, LLC
Insurance Services
term loan first lien$9.6M$9.5M
99c
SOFR+450 bpSep 29, 2028
Accordion Partners, LLC
Professional Services
term loan first lien$9.5M$9.4M
100c
SOFR+500 bpNov 17, 2031
Software Oak Purchaser, Inc.term loan first lien$9.5M$9.3M
98c
SOFR+550 bpMay 31, 2028
Automobile Vehlo Purchaser, LLCterm loan first lien$9.4M$9.2M
98c
SOFR+525 bpMay 24, 2028
Kodiak Buyer, LLC
Diversified Consumer Services
term loan first lien$9.2M$9.2M
101c
SOFR+425 bpJul 26, 2032
Automobiles LeadVenture, Inc.term loan first lien$9.3M$9.1M
99c
SOFR+500 bpJun 23, 2032
Infinite Bidco, LLC
Electronic Equipment, Instruments & Components
term loan first lien$9.0M$9.0M
101c
SOFR+625 bpMar 2, 2028
365 Retail Market, LLC
Financial Services
term loan first lien$9.0M$8.9M
100c
SOFR+475 bpMay 6, 2033
Banks Computer Services, Inc.term loan first lien$9.0M$8.8M
99c
SOFR+450 bpNov 17, 2031
Iris Specialty Acquisiton, LLC
Insurance Services
term loan first lien$8.8M$8.8M
100c
SOFR+450 bpNov 22, 2032
CRCI Longhorn Holdings, Inc.
Commercial Services & Supplies
term loan first lien$8.7M$8.7M
101c
SOFR+475 bpAug 27, 2031
Eclipse Buyer, Inc.
Diversified Consumer Services
term loan first lien$8.4M$8.2M
99c
SOFR+450 bpSep 8, 2031
Spectrio, LLC
Interactive Media & Services
term loan first lien$11.5M$8.2M
72c
SOFR+600 bpDec 9, 2026
Page 2 of 12PreviousNext
Registration
Fiscal year end
1231reported
Incorporated
DEreported
On the SEC BDC report
2022 to 2026reported
Filings listed
18reported10-Q and 10-K since 2022
Former names
Morgan Stanley Private Income Fund LLCreported
Latest schedule
0001193125-26-342549reported