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

G•••••• S•••• M••••• M••••• L•••••• C•••• I•

BDCnon-tradedCIK 1865174file 814-01461NEW YORK, NYmanaged by G•••••• S•••• A•••• M••••••••• L••
Fair value
$883M
as of Jun 30, 2025
Principal held
$1.1B
debt pieces, the filer's figure
Cost
$882M
100c on cost
Unfunded
n/a
commitments not yet drawn
Positions
257
90 borrowers
First lien
99%
99% debt by fair value
Quarters on the tape
11
since Dec 31, 2022
Facilities held
0
0 sponsors financed
Portfolio through time
Fair value by quarter end$883M as of Jun 30, 2025
Dec 31, 2021$46.1M then
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Jun 30, 2025$883M90100c15555 bp
Mar 31, 2025$5.4B91100c19567 bp
Dec 31, 2024$5.2B91100c19572 bp
Sep 30, 2024$5.0B90101c16578 bp
Jun 30, 2024$3.7B84100c10596 bp
Mar 31, 2024$3.2B70101c12615 bp
Dec 31, 2023$4.2B65100c26636 bp
Sep 30, 2023$1.4B5099c15642 bp
Jun 30, 2023n/a42n/a8641 bp
Mar 31, 2023n/a37n/a9628 bp
Dec 31, 2022$809M3599c6631 bp
Dec 31, 2021$46.1M1n/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, 2025
    257 positions
    BorrowerInstrumentPrincipalFair valueRateMaturity
    K••• A••••••••• I••. (dba Entrust)
    Commercial Services & Supplies
    		term loan first lien$843,000$-4,000
    29c
    		SOFR+525 bpFeb 7, 2031
    C••••••••• L•• (fka Checkmate Finance Merger Sub, LLC)
    Entertainment
    		term loan first lien$367,000$-5,000
    167c
    		SOFR+600 bpDec 31, 2027
    C••••••••• H•••••••• L•• (dba SkyZone)
    Leisure Products
    		term loan first lien$364,000$-5,000
    83c
    		SOFR+650 bpJul 18, 2028
    A•••••• B••••• I••. (dba Fidelity Payment Services)
    Financial Services
    		term loan first lien$1.0M$-5,000
    63c
    		SOFR+500 bpDec 6, 2029
    A••••••• B••••• I••. (dba Avetta)
    S•••••••
    		term loan first lien$985,000$-5,000
    63c
    		SOFR+425 bpJul 26, 2030
    G••••••••• S••••••• H•••••••• L•• (fka GPS Phoenix B••••, Inc.)
    IT Services
    		term loan first lien$1.1M$-6,000
    38c
    		SOFR+525 bpOct 2, 2029
    A• T•••• P•••••• I••. (dba Prometheus)
    S•••••••
    		term loan first lien$638,000$-6,000
    100c
    		SOFR+450 bpAug 29, 2031
    O••••• P••••••••• I••. (dba Office Ally)
    Health Care Technology
    		term loan first lien$1.1M$-6,000
    100c
    		SOFR+425 bpMay 19, 2032
    I•• I••••••• H•••••••• I••. (fka Intelligent Medical Objects, Inc.)
    Health Care Technology
    		term loan first lien$400,000$-6,000
    150c
    		SOFR+500 bpMay 11, 2028
    R••••••• B•••• I••. (dba RBMedia)
    Media
    		term loan first lien$749,000$-7,000
    47c
    		SOFR+575 bpAug 31, 2028
    Q•• P•••••• I••. (dba Quorum
    S•••••••)
    		term loan first lien$1.4M$-7,000
    100c
    		SOFR+450 bpNov 7, 2031
    G••••••••• S••••••• H•••••••• L•• (fka GPS Phoenix B••••, Inc.)
    IT Services
    		term loan first lien$1.4M$-7,000
    70c
    		SOFR+525 bpOct 2, 2029
    G••••••••• I••. (dba NeoGov)
    S•••••••
    		term loan first lien$1.5M$-8,000
    800c
    		SOFR+500 bpDec 1, 2028
    H••••••• D••••• H•••••• L••
    Health Care Providers & Services
    		term loan first lien$463,000$-8,000
    100c
    		SOFR+675 bpJun 13, 2028
    Z•••• H•••••• I••. (dba Eptura)
    Real Estate Mgmt. & Development
    		term loan first lien$938,000$-9,000SOFR+650 bpJul 1, 2027
    V••••••••• H•••••••• I••.
    Aerospace & Defense
    		term loan first lien$443,000$-9,000
    129c
    		SOFR+550 bpApr 19, 2030
    M••••••• B••••• I••. (dba Miratech)
    Machinery
    		term loan first lien$690,000$-9,000
    150c
    		SOFR+475 bpAug 20, 2030
    N•••• S••• A••••••••• L•• (dba Everway)
    S•••••••
    		term loan first lien$1.8M$-9,000
    129c
    		SOFR+450 bpMay 3, 2029
    L•••••• H••••••••• H•••••• C••••••• L•• (fka ASM B••••, Inc.)
    Commercial Services & Supplies
    		term loan first lien$750,000$-9,000
    150c
    		SOFR+550 bp
    PIK 2.75%
    		Aug 22, 2031
    A••••••• B••••• I••. (dba Avetta)
    S•••••••
    		term loan first lien$2.1M$-10,000
    56c
    		SOFR+425 bpJul 26, 2030
    A• T•••• P•••••• I••. (dba Prometheus)
    S•••••••
    		term loan first lien$1.0M$-10,000
    200c
    		SOFR+450 bpAug 29, 2031
    C••••••• B••••• I••. (dba New Relic)
    S•••••••
    		term loan first lien$1.2M$-12,000
    55c
    		SOFR+675 bpNov 8, 2030
    S••••••••• S•••••••• L••
    S•••••••
    		term loan first lien$1.3M$-12,000
    50c
    		SOFR+525 bpMay 10, 2029
    C•••••••• P••••••••• G•••• L••
    Financial Services
    		term loan first lien$1.9M$-14,000
    39c
    		SOFR+525 bpOct 1, 2029
    S•••• A••••••••• I••. (dba SimPRO)
    Construction & Engineering
    		term loan first lien$1.4M$-14,000
    108c
    		SOFR+475 bpOct 24, 2030
    R••••• B••••• L•• (dba Redwood
    S•••••••)
    		term loan first lien$1.9M$-14,000
    82c
    		SOFR+500 bpDec 17, 2031
    P•••••• A••••••••• P•••••• L•• (dba ABC Fitness)
    Financial Services
    		term loan first lien$1.3M$-16,000
    160c
    		SOFR+525 bpFeb 24, 2031
    S••••••• C•••••• H•••••, LLC (dba C••••••
    Education)
    		term loan first lien$1.6M$-16,000
    123c
    		SOFR+500 bpMay 1, 2030
    Q•• P•••••• I••. (dba Quorum
    S•••••••)
    		term loan first lien$3.2M$-16,000SOFR+450 bpJun 3, 2032
    N• T••••• L•• (dba NContracts)
    S•••••••
    		term loan first lien$1.7M$-17,000
    113c
    		SOFR+450 bpSep 1, 2031
    P• I••••••••• H••••••• I••• L•• (dba Parts Town)
    Trading Companies & Distributors
    		term loan first lien$1.2M$-18,000
    1800c
    		SOFR+500 bp
    PIK 1.75%
    		Apr 9, 2030
    P•••• U• H•••••• I••. (dba Precinmac)
    Machinery
    		term loan first lien$1.9M$-19,000
    211c
    		SOFR+475 bpDec 2, 2031
    V•••• B••••• I••. (dba VIP)
    S•••••••
    		term loan first lien$2.0M$-20,000
    105c
    		SOFR+475 bpJan 30, 2032
    Z••• C•••••• L••
    Health Care Equipment & Supplies
    		term loan first lien$1.6M$-20,000
    111c
    		SOFR+550 bpFeb 28, 2030
    U••••• F••• T••••••••• I••••••••• H••••• I•• L••
    Trading Companies & Distributors
    		term loan first lien$1.7M$-21,000
    100c
    		SOFR+525 bpJun 21, 2030
    A••••••• B••••• I••. (dba Avetta)
    S•••••••
    		term loan first lien$4.3M$-22,000
    116c
    		SOFR+425 bpJul 28, 2031
    B•••• B•••• I••. (dba Bazooka Candy Brands)
    Consumer Staples Distribution & Retail
    		term loan first lien$1.0M$-23,000
    121c
    		SOFR+600 bpOct 5, 2029
    U• S••••• C••••••• L••
    IT Services
    		term loan first lien$2.5M$-25,000
    119c
    		SOFR+550 bpSep 4, 2029
    V•••• W•••• H•••••••• I••. (dba V•••• Living)
    Commercial Services & Supplies
    		term loan first lien$1.8M$-27,000
    270c
    		SOFR+600 bpMay 1, 2029
    R••••• B••••• L•• (dba Redwood
    S•••••••)
    		term loan first lien$3.8M$-28,000
    165c
    		SOFR+500 bpDec 17, 2031
    A••••• A••••••••• I••. (dba AuditBoard)
    S•••••••
    		term loan first lien$2.9M$-29,000
    116c
    		SOFR+475 bpJul 14, 2031
    F••••••••• T••••••••• H••••••• I••.
    Aerospace & Defense
    		term loan first lien$2.0M$-30,000
    115c
    		SOFR+500 bpJan 9, 2028
    C•••••••• P••••••••• G•••• L••
    Financial Services
    		term loan first lien$4.8M$-36,000
    64c
    		SOFR+525 bpOct 1, 2029
    N• T••••• L•• (dba NContracts)
    S•••••••
    		term loan first lien$4.3M$-43,000
    226c
    		SOFR+450 bpSep 1, 2031
    F• W••••••••• B•••••••• L•• (fka Whitewater Holding Company LLC)
    Diversified Consumer Services
    		term loan first lien$6.2M$-62,000
    105c
    		SOFR+500 bpDec 21, 2029
    i•••• I••••••••• S••••••• I••.
    S•••••••
    		term loan first lien$4.4M$-66,000
    440c
    		SOFR+625 bpNov 23, 2028
    V•••• B••••• I••. (dba VIP)
    S•••••••
    		term loan first lien$6.8M$-68,000
    213c
    		SOFR+475 bpJan 30, 2032
    N•••• S••• A••••••••• L•• (dba Everway)
    S•••••••
    		term loan first lien$13.6M$-68,000SOFR+450 bpMay 3, 2029
    A••••• A••••••••• I••. (dba AuditBoard)
    S•••••••
    		term loan first lien$7.1M$-71,000
    229c
    		SOFR+475 bpJul 14, 2031
    A•• I••••••••• H••••• I••. (dba ABC Plumbing)unstated lien unstatedn/an/a
    G•••••• S•••• F•••••••• S••••• G••••••••• F•••unstated lien unstatedn/an/a
    L•• V••••••• B••••• L•• (dba Specialty D••••• Brands)unstated lien unstatedn/an/a
    C••••••• S•••••••• I••.
    Financial Services
    		term loan first lien$5.4Mn/a
    n/a
    		SOFR+525 bpNov 15, 2029
    S•• H•••••• L•• (dba Specialty D••••• Brands)
    Health Care Providers & Services Initial
    		equity equityn/an/aMar 29, 2024
    S••••• B••••, LLC (dba Classic Collision)
    Specialty Retail
    		term loan first lien$1.8Mn/a
    n/a
    		SOFR+500 bpMay 31, 2030
    S•••••••• M••••••••• LLC Dba SEM Holdings LLCunstated lien unstatedn/an/a
    S•• H•••••• L•• (dba Specialty D••••• Brands)
    Health Care Providers & Services Initial
    		preferred equity equityn/an/a
    n/a
    		Mar 29, 2024
    Page 3 of 3Previous
    Registration
    Fiscal year end
    1231reported
    Incorporated
    DEreported
    On the SEC BDC report
    2023 to 2025reported
    Filings listed
    15reported10-Q and 10-K since 2022
    Former names
    G•••••• S•••• M••••• M••••• L•••••• LLC IIreported
    Latest schedule
    0000950170-25-107356reported