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

B•••••• P•••••• C••••• C•••

BDCnon-tradedCIK 1859919file 814-01397CHARLOTTE, NCmanaged by B•••••• L••
Fair value
$5.4B
as of Jun 30, 2026
Principal held
$5.1B
debt pieces, the filer's figure
Cost
$5.3B
101c on cost
Unfunded
$987M
commitments not yet drawn
Positions
1,061
530 borrowers
First lien
84%
93% debt by fair value
Quarters on the tape
16
since Dec 31, 2021
Facilities held
964
72 sponsors financed
Portfolio through time
Fair value by quarter end$5.4B as of Jun 30, 2026
Jul 8, 2021$76.2M then
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Jun 30, 2026$5.4B53099c67481 bp
May 27, 2026$20.0M1n/a0n/a
Mar 31, 2026$5.3B49498c67493 bp
Dec 31, 2025$4.9B517100c69502 bp
Nov 25, 2025$35.0M1n/a0n/a
Sep 30, 2025$4.6B398100c70527 bp
Jun 30, 2025$4.1B355100c66545 bp
Mar 31, 2025$3.5B32499c63558 bp
Dec 31, 2024$6.5B39399c117567 bp
Sep 30, 2024$3.0B32299c58577 bp
Jun 30, 2024$2.8B30699c56582 bp
Mar 31, 2024$2.7B31299c57586 bp
Dec 31, 2023$3.3B341100c59586 bp
Sep 30, 2023$2.3B30698c39586 bp
Jun 30, 2023$2.2B29698c30583 bp
Mar 31, 2023$2.2B29598c29585 bp
Feb 1, 2023$12.0M1n/a0n/a
Dec 31, 2022$2.6B31598c32581 bp
Aug 12, 2022$16.0M1n/a0n/a
Dec 31, 2021$117M3n/a0n/a
Sep 1, 2021n/a2n/a0n/a
Jul 8, 2021$76.2M1n/a0n/a

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
1,061 positions
BorrowerInstrumentPrincipalFair valueRateMaturity
C••• U••••••• G•••delayed draw term loan lien unstatedn/an/a
H••••••••• I••.delayed draw term loan lien unstatedn/an/a
J•• B•••• L••••••delayed draw term loan lien unstatedn/an/a
P••••••• B••••• I••.delayed draw term loan lien unstatedn/an/a
C••••••• • G•••••• L••delayed draw term loan lien unstatedn/an/a
EMI P•••• H•••••, LLCequity equityn/an/a
R•••• A••••••••• H•••••••• L••delayed draw term loan lien unstatedn/an/a
T•••••••• R••••• L••unstated lien unstatedn/an/a
U•• A•••••••• I••.delayed draw term loan lien unstatedn/an/a
A•• L•••• H•••••••• L••delayed draw term loan lien unstatedn/an/a
C•••• P••••• N•delayed draw term loan lien unstatedn/an/a
F••••• H••••••delayed draw term loan lien unstatedn/an/a
G• E•••• B••••• I••.delayed draw term loan lien unstatedn/an/a
M•• B••••• L••delayed draw term loan lien unstatedn/an/a
P•••••••• F••• • S••••• L••delayed draw term loan lien unstatedn/an/a
T••••••• R••••• L••unstated lien unstatedn/an/a
H• A••••••• B•••• L••delayed draw term loan lien unstatedn/an/a
G•••••••••delayed draw term loan lien unstatedn/an/a
B••• P•••••, LLCdelayed draw term loan lien unstatedn/an/a
B••••••• B••••• L••delayed draw term loan lien unstatedn/an/a
D••• H••••••• C•••.delayed draw term loan lien unstatedn/an/a
H••••••••• B•••• P•• L••delayed draw term loan lien unstatedn/an/a
T•••••• E•••••••• C••• I••.delayed draw term loan lien unstatedn/an/a
M••• L••• C••••••••• P•••• L••delayed draw term loan lien unstatedn/an/a
A•• I•••••• P••••••••• L••delayed draw term loan lien unstatedn/an/a
E••••• N••••delayed draw term loan lien unstatedn/an/a
E•••••• M•••• L••••••delayed draw term loan lien unstatedn/an/a
I• S•••••unstated lien unstatedn/an/a
I•• H•••• A••••••, L.L.C.delayed draw term loan lien unstatedn/an/a
K••••••• B•••• B••.revolver lien unstatedn/an/a
P••••• S••••••• C••••••• L••equity equityn/an/a
S••• P•••••• M•••• L••••••delayed draw term loan lien unstatedn/an/a
S••••• M•••• 2• I••.delayed draw term loan lien unstatedn/an/a
V•••• B••••• L••delayed draw term loan lien unstatedn/an/a
Z•••• L•••• S••••delayed draw term loan lien unstatedn/an/a
I••••••••• G•••• B••.delayed draw term loan lien unstatedn/an/a
L•••••• G•••• H••••••• B•••• L••••••delayed draw term loan lien unstatedn/an/a
S••• A••••••••• I••.delayed draw term loan lien unstatedn/an/a
E• D•••••••••unstated lien unstatedn/an/a
Arc
Education
delayed draw term loan lien unstatedn/an/a
D••• S•••••• L••delayed draw term loan lien unstatedn/an/a
A• B••••• I••.revolver lien unstatedn/an/a
B•••• I••••••••• G••••• L••delayed draw term loan lien unstatedn/an/a
B••• F•••• B•revolver lien unstatedn/an/a
B••••••••• I••.delayed draw term loan lien unstatedn/an/a
S•• H••••••• L•delayed draw term loan lien unstatedn/an/a
S••••• E••••• S••••••••• L••delayed draw term loan lien unstatedn/an/a
T••••••• M•••••••• C••••••• L••delayed draw term loan lien unstatedn/an/a
U•• L•••••• H•••••• A•delayed draw term loan lien unstatedn/an/a
E•• H•••••••• L••delayed draw term loan lien unstatedn/an/a
E•••••• B••••••• C••••••• L••delayed draw term loan lien unstatedn/an/a
I•• S••••••• E••••••••• L••delayed draw term loan lien unstatedn/an/a
S••••• I•••••delayed draw term loan lien unstatedn/an/a
S•••••• B••••••• S•••••• L••revolver lien unstatedn/an/a
W••••••• R•••• L••unstated lien unstatedn/an/a
L••• P••••••••• I••.delayed draw term loan lien unstatedn/an/a
M••••• S••• H••••••• B•••• P•• L••••••term loan lien unstatedn/an/a
O•• H••••••• P••••••••• L••delayed draw term loan lien unstatedn/an/a
P•••••• C•••••••••delayed draw term loan lien unstatedn/an/a
P••••• S••••••• C••••••• L••warrants equityn/an/a
R••••• H•••••••• I••.delayed draw term loan lien unstatedn/an/a
R••••• H••••••• L••delayed draw term loan lien unstatedn/an/a
S••• P••••••••• I••.delayed draw term loan lien unstatedn/an/a
C••• B••••• L••delayed draw term loan lien unstatedn/an/a
M•••••• H•••••• A•unstated lien unstatedn/an/a
R••••• H••••••• L••term loan lien unstatedn/an/a
T••••••••• S•••••• S••••• B•••• P•• L••delayed draw term loan lien unstatedn/an/a
T••••• Group LLCdelayed draw term loan lien unstatedn/an/a
A•••• B•••• L••••••delayed draw term loan lien unstatedn/an/a
L••• S•••••••• P•••••• C••• L••delayed draw term loan lien unstatedn/an/a
M• G•••• V••••••• C•••••••••delayed draw term loan lien unstatedn/an/a
M••••••••• H•••••• B••.delayed draw term loan lien unstatedn/an/a
N•• I••••••••• 2• B••.delayed draw term loan lien unstatedn/an/a
P•••••• B•••• P•• L••unstated lien unstatedn/an/a
Q••• F•••••• L••unstated lien unstatedn/an/a
R••• C•••••••• I••••••••• I••• I••.delayed draw term loan lien unstatedn/an/a
T• K•• A••••••••• L••.delayed draw term loan lien unstatedn/an/a
T•••••• B••.unstated lien unstatedn/an/a
C•••••••term loan lien unstatedn/an/a
C•••••• M••••• H•••••••• L••term loan unsecured or subordinatedn/an/a
M• P••••••••• L••delayed draw term loan lien unstatedn/an/a
A••••••••• L••delayed draw term loan lien unstatedn/an/a
G•••••••• I• B•delayed draw term loan lien unstatedn/an/a
U••• A••••••••• I••. (f/k/a US L•••• Support, Inc.)term loan lien unstatedn/an/a
B••• F•••• B•unstated lien unstatedn/an/a
B••••• R••• M••••••••• I••.delayed draw term loan lien unstatedn/an/a
C••••••• O••••••••• P••••••• C•••.delayed draw term loan lien unstatedn/an/a
C•••••• M••••• H•••••••• L••equity equityn/an/a
K•••••• S••••• • S••••••• L••delayed draw term loan lien unstatedn/an/a
M••• B•••• L••••••delayed draw term loan lien unstatedn/an/a
N••••••••• L•••• S•••••••• L••delayed draw term loan lien unstatedn/an/a
R•• S••• M••••• S•• L••delayed draw term loan lien unstatedn/an/a
S•• C•• B••••• I••.delayed draw term loan lien unstatedn/an/a
S•••••• F•••••••• T••••••••• I••.delayed draw term loan lien unstatedn/an/a
T•••• B•••• L••delayed draw term loan lien unstatedn/an/a
US F•••••••• E••••••••• LLCdelayed draw term loan lien unstatedn/an/a
X••••••• B•••• L••••••delayed draw term loan lien unstatedn/an/a
H•• T••••••••• • I•••••••••delayed draw term loan lien unstatedn/an/a
H••••••• H••••••• L••delayed draw term loan lien unstatedn/an/a
L••••• B••••• L••delayed draw term loan lien unstatedn/an/a
Page 10 of 11PreviousNext
Registration
Fiscal year end
1231reported
Incorporated
MDreported
On the SEC BDC report
2021 to 2025reported
Filings listed
19reported10-Q and 10-K since 2022
Former names
B•••••• P•••••• Credit LLCreported
Latest schedule
0001859919-26-000068reported