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.

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

O•••••• S•••••••• C••••• F•••

BDCnon-tradedCIK 1872371file 814-01471LOS ANGELES, CAmanaged by O•••••• F••• A•••••••• L••

Fair value

$6.8B

as of Jun 30, 2026

Principal held

$7.3B

debt pieces, the filer's figure

Cost

$6.9B

99c on cost

Unfunded

$825M

commitments not yet drawn

Positions

454

159 borrowers

First lien

87%

99% debt by fair value

Quarters on the tape

since Sep 30, 2022

Facilities held

330

23 sponsors financed

Portfolio through time

Fair value by quarter end$6.8B as of Jun 30, 2026

Sep 30, 2022$429M then

Quarter	Fair value	Borrowers	On cost	PIK pos.	Avg spread
Jun 30, 2026	$6.8B	159	99c	17	518 bp
Mar 31, 2026	$7.0B	163	99c	10	514 bp
Dec 31, 2025	$7.4B	169	100c	11	518 bp
Sep 30, 2025	$7.4B	189	100c	10	527 bp
Jun 30, 2025	$6.4B	175	101c	12	544 bp
Mar 31, 2025	$6.1B	181	100c	14	552 bp
Dec 31, 2024	$5.4B	172	100c	15	562 bp
Sep 30, 2024	$4.6B	210	101c	14	580 bp
Jun 30, 2024	$4.2B	173	100c	11	604 bp
Mar 31, 2024	$3.5B	161	101c	13	618 bp
Dec 31, 2023	$2.9B	142	101c	10	622 bp
Sep 30, 2023	$1.9B	155	100c	15	629 bp
Jun 30, 2023	$1.3B	109	100c	13	619 bp
Mar 31, 2023	$900M	105	99c	13	604 bp
Sep 30, 2022	$429M	115	96c	2	558 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

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

New lender joined a facilityJun 30, 2026
O•••••• S•••••••• C••••• F••• joins A•••••• I•• term loan (first lien) held by 23 other BDCs
New lender joined a facilityJun 30, 2026
O•••••• S•••••••• C••••• F••• joins B•••••••• 2••••• L•• notes (unknown) held by 1 other BDC
New lender joined a facilityJun 30, 2026
O•••••• S•••••••• C••••• F••• joins A•• E••••••••• H•••••••• I•• term loan (first lien) held by 2 other BDCs
Marked down (one lender)Jun 30, 2026
O•••••• S•••••••• C••••• F•••: fair value markdown in B••••• U• B•••• L•• (110 to 100 cents on cost)
Marked down (one lender)Jun 30, 2026
O•••••• S•••••••• C••••• F•••: fair value markdown in I••••• I•• (97 to 88 cents on cost)
Marked down (one lender)Jun 30, 2026
O•••••• S•••••••• C••••• F•••: fair value markdown in P••••• L•• L•• (92 to 84 cents on cost)
Marked down (one lender)Jun 30, 2026
O•••••• S•••••••• C••••• F•••: fair value markdown in H••••• P•••••••• I•• (87 to 81 cents on cost)
Marked down (one lender)Jun 30, 2026
O•••••• S•••••••• C••••• F•••: fair value markdown in 1••• F•••• T••••• L•• (87 to 77 cents on cost)
Marked down (one lender)Jun 30, 2026
O•••••• S•••••••• C••••• F•••: fair value markdown in T••••••• C•• V• L•• (83 to 73 cents on cost)
Marked down (one lender)Jun 30, 2026
O•••••• S•••••••• C••••• F•••: fair value markdown in K••••• I•• (81 to 61 cents on cost)
PIK interest appearsJun 30, 2026
O•••••• S•••••••• C••••• F•••: pik added in B•••••• T••••••••• I•• (0.00% to 13.00%)
PIK interest appearsJun 30, 2026
O•••••• S•••••••• C••••• F•••: pik added in R••••• T•••• P••••••••• L• (0.00% to 10.39%)
PIK interest appearsJun 30, 2026
O•••••• S•••••••• C••••• F•••: pik added in E••••••••• L••• H••••••• I•• (0.00% to 8.75%)
Spread increasedJun 30, 2026
O•••••• S•••••••• C••••• F•••: spread increased in R••••• T•••• P••••••••• L• (6.00% to 6.75%)
Spread increasedJun 30, 2026
O•••••• S•••••••• C••••• F•••: spread increased in A•••••, Inc (5.00% to 6.00%)
Spread increasedJun 30, 2026
O•••••• S•••••••• C••••• F•••: spread increased in O••••••••• S••••• H••••••• A• (5.50% to 6.00%)
Spread increasedJun 30, 2026
O•••••• S•••••••• C••••• F•••: spread increased in G•••• R•••• A•••••• M••••••••• I•• (5.00% to 5.75%)
Spread increasedJun 30, 2026
O•••••• S•••••••• C••••• F•••: spread increased in G•••• R•••• A•••••• M••••••••• I•• (5.00% to 5.75%)
Spread increasedJun 30, 2026
O•••••• S•••••••• C••••• F•••: spread increased in O••••••••• N•••• A••••••• I•• (5.00% to 5.50%)
Spread increasedJun 30, 2026
O•••••• S•••••••• C••••• F•••: spread increased in e••••••••• L•• (3.50% to 4.50%)

Every position change, including routine ones

Largest facilities held, with co-lenders

E••••• B•••• A• first lien term loan
2 BDCs hold it · matures Sep 22, 2032
$344M 97c
K••••• I••••••••• A• first lien term loan
1 BDC hold it · matures Apr 22, 2032
$206M 99c
S••••• B•••• I• I•• first lien term loan
7 BDCs hold it · matures Jan 30, 2032
$137M 100c
N•••• S••• A••••••••• L•• first lien term loan
10 BDCs hold it · matures May 29, 2030
$130M 100c
C•••• P•••••• I•• first lien term loan
19 BDCs hold it · matures Dec 18, 2031
$105M 100c
P•••••• P•••••• L•• first lien term loan
3 BDCs hold it · matures Nov 25, 2032
$101M 100c
P•• A••• B••••• I•• first lien term loan
15 BDCs hold it · matures Sep 30, 2031 · G••••••••• E••••• G••••
$97.6M 101c
R••••• T•••• P••••••••• L• unsecured or subordinated term loan
2 BDCs hold it · matures Jan 26, 2032
$97.1M 100c
A••• H•••••• C••• first lien term loan
13 BDCs hold it · matures Dec 5, 2031
$95.9M 100c
B•••••• P•••••• L•• first lien term loan
7 BDCs hold it · matures Feb 27, 2031
$92.8M 101c
A••••• B•••• I•• first lien term loan
7 BDCs hold it · matures Dec 31, 2027
$92.1M 101c
A•••••• N••••••••• M•••• 2• B•• first lien term loan
10 BDCs hold it · matures May 29, 2031
$90.5M 101c

Schedule of investments at Jun 30, 2026

454 positions

Borrower	Instrument	Principal	Fair value	Rate	Maturity
S••••• B•••• I Inc. Health C••• Equipment	term loan first lien	$116M	$115M 100c	S+475 bp	Jan 30, 2032
C•••• P•••••• I••. Life Sciences Tools & Services	term loan first lien	$105M	$104M 100c	S+500 bp	Dec 18, 2031
A•••••• N••••••••• B.V. Interactive Media & Services	term loan first lien	$90.5M	$102M 101c	S+475 bp	May 29, 2031
P•••••• P•••••• L•• Health C••• Services	term loan first lien	$101M	$99.6M 100c	S+650 bp	Nov 25, 2032
R••••• T•••• P••••••••• L• Passenger Ground Transportation	term loan unsecured or subordinated	$97.1M	$95.3M 100c	S+675 bp PIK 10.39%	Jan 26, 2032
A••• H•••••• C•••. Specialized Consumer Services	term loan first lien	$95.9M	$94.3M 100c	S+500 bp	Dec 5, 2031
A••••• B•••• I••. Interactive Media & Services	term loan first lien	$92.1M	$92.1M 101c	S+550 bp	Dec 6, 2027
H•••• V•••••• F•••••••• I•• Specialized Finance	revolver unsecured or subordinated	$85.7M	$85.3M 99c	9.28%	Jun 28, 2028
B•••••• S••• P•••••• L•• Drug Retail	term loan first lien	$84.8M	$83.0M 100c	S+700 bp	Aug 28, 2030
I•••••••• M•••••••• A••••••••• L•• I•••••••• Brokers	term loan first lien	$81.0M	$81.0M 100c	S+500 bp	Aug 25, 2028
F•••• I••••••••• H•••••••• L•• Alternative Carriers	term loan second lien	$80.5M	$78.1M 100c	S+675 bp	May 1, 2031
E•••••••••, Inc. Application S•••••••	term loan first lien	$77.8M	$77.0M 99c	S+500 bp	Jul 2, 2031
P••• C•••oration Construction & E•••••••••	term loan first lien	$76.4M	$76.8M 100c	S+425 bp	Dec 20, 2032
S••••••• C•••••••••, LLC C••••••••• Equipment	term loan first lien	$77.8M	$76.7M 100c	S+575 bp	Apr 19, 2029
T••••••••• C••• L•• Construction Machinery & Heavy Transportation Equipment	term loan first lien	$76.1M	$75.4M 100c	S+475 bp	Feb 13, 2032
A•••••• Holdings, LLC Air Freight & Logistics	term loan first lien	$76.0M	$74.9M 100c	S+575 bp	Jun 1, 2033
P•• F•••••••• M••••• S•• L•• Pharmaceuticals	term loan first lien	$73.7M	$72.6M 100c	S+475 bp	Feb 13, 2032
D••••• I••••••••• L•• A•••space & Defense	term loan first lien	$54.4M	$72.2M 101c	S+500 bp	May 19, 2032
M••••• P••••• Holdings 2026, Inc. Cable & Satellite	term loan unsecured or subordinated	$73.2M	$71.7M 100c	S+675 bp	Jun 24, 2029
I••••••• P••••• I••. Electrical Components & Equipment	term loan first lien	$70.3M	$69.1M 100c	S+575 bp	Apr 15, 2033
E••••••••• L••• H••••••• I••. Health C••• Equipment	term loan first lien	$69.6M	$69.0M 100c	0.50% PIK 8.75%	Apr 30, 2031
M••••••• I•••••• H••••••• I••. Application S•••••••	term loan first lien	$70.8M	$68.1M 98c	S+525 bp	Feb 28, 2031
J•••• E••••• S•••• T•••• L•• Oil & Gas Exploration & Production	term loan first lien	$68.5M	$67.8M 100c	S+600 bp	Mar 30, 2030
W•••••• M••••• S••• I••. Application S•••••••	term loan first lien	$68.1M	$66.7M 99c	S+475 bp	Jul 3, 2032
W••• S••• A••••••• A••••••••• LLC A•••space & Defense	term loan first lien	$65.6M	$65.2M 100c	S+450 bp	May 20, 2032
P••••• C••• C••••••• L•• Health C••• Services	term loan first lien	$71.8M	$64.3M 91c	S+600 bp	Nov 15, 2030
E•••••• H•••••••• I••. Application S•••••••	term loan first lien	$64.1M	$63.8M 100c	S+450 bp	Dec 18, 2032
U••• H•••••••• I••. Diversified Support Services	term loan first lien	$62.4M	$61.5M 100c	S+550 bp	Sep 10, 2031
P•••••• F•• P••• O•••• L•• Packaged F•••• & Meats	term loan first lien	$62.5M	$61.3M 99c	S+525 bp	Sep 20, 2030
B•••••• P•••••• L•• Application S•••••••	term loan first lien	$60.4M	$60.4M 101c	S+475 bp	Feb 27, 2031
L••••••• I••••••••• L••. Real Estate Services	term loan first lien	$58.8M	$57.3M 98c	S+500 bp	Jan 13, 2030
S••••• E••••••••• L•• Soft Drinks & Non-alcoholic Beverages	term loan first lien	$56.8M	$56.8M 101c	S+575 bp	May 20, 2030
L•••••• H••••••••• H•••••• C••••••• L•• Specialized Consumer Services	term loan first lien	$57.5M	$56.4M 100c	S+550 bp PIK 2.75%	Aug 22, 2031
W• C•• H•••••••• L•• A•••space & Defense	term loan first lien	$56.3M	$56.2M 101c	S+700 bp PIK 3.88%	Nov 28, 2029
M•• S••••••• L•• Application S•••••••	term loan first lien	$57.2M	$56.0M 98c	S+475 bp	Feb 10, 2028
S••••••• Diversified Financial Services	subordinated debt unsecured or subordinated	$55.2M	$55.8M 102c	S+533 bp	Dec 31, 2029
G•• T•••• C••••••••• Building Products	term loan first lien	$56.2M	$55.6M 100c	S+450 bp	Oct 15, 2031
T•••• I••. Health C••• Supplies	term loan first lien	$56.0M	$55.5M 100c	S+475 bp	Nov 24, 2031
K•••• B••••• L•• Environmental & Facilities Services	term loan first lien	$57.4M	$54.2M 95c	S+525 bp	Oct 29, 2027
I••••••• C•••••• L••••••••• S••. Casinos & Gaming	term loan first lien	$41.5M	$54.1M 99c	S+550 bp	Oct 7, 2031
A•••• B•••••••, LLC Health C••• Services	term loan first lien	$54.5M	$53.6M 99c	S+425 bp	Sep 4, 2032
S•••• H••••••• L••••••••• Diversified Financial Services	term loan first lien	$47.3M	$53.4M 105c	S+550 bp	Apr 25, 2031
P••••••• M•••• A• Pharmaceuticals	term loan first lien	$46.6M	$53.2M 105c	S+550 bp	Sep 17, 2031
P•••••• H••••••• I•• L•• Industrial Machinery & Supplies & Components	term loan first lien	$52.7M	$51.9M 99c	S+725 bp	Jan 23, 2029
I•••••• P•••••• I••. Application S•••••••	term loan first lien	$52.3M	$51.9M 99c	S+450 bp	Jan 25, 2030
H••••••• I••. Health C••• Equipment	term loan second lien	$52.2M	$51.8M 100c	S+500 bp	Apr 7, 2034
M•• F••••••• I••. A•••space & Defense	term loan first lien	$51.3M	$50.5M 99c	S+450 bp	Oct 2, 2032
T•• A••••••••• L•• I•••••••• Brokers	term loan first lien	$50.2M	$50.1M 101c	S+475 bp	Oct 31, 2031
J••••••• H•••••••• L•• Application S•••••••	term loan first lien	$49.6M	$48.3M 98c	S+475 bp	Oct 31, 2032
W••••• F•••• L• Building Products	term loan first lien	$48.5M	$47.9M 100c	S+525 bp	Jun 16, 2031
N•••••• N••••••••• L•• Packaged F•••• & Meats	term loan first lien	$48.2M	$47.7M 100c	S+575 bp	Apr 17, 2031
B••••• I••• I•••••••• S•••••••• L•• Property & Casualty I••••••••	term loan first lien	$47.7M	$47.4M 100c	S+475 bp	Jan 24, 2031
A••••• S•••••••• L•• Construction & E•••••••••	term loan first lien	$53.1M	$47.1M 89c	S+450 bp	Feb 15, 2031
R•• M•••• A• Life Sciences Tools & Services	term loan first lien	$48.0M	$47.0M 99c	S+475 bp	Jul 1, 2032
A•• I•••••••• A••••••••• C• L•• Diversified Support Services	term loan first lien	$47.3M	$45.7M 98c	S+500 bp	Mar 6, 2032
1••• F•••• T••••• L•• Packaged F•••• & Meats	term loan first lien	$61.4M	$45.5M 77c	S+500 bp	Oct 31, 2031
N••• H•••••• L•• Health C••• Technology	term loan first lien	$45.6M	$45.2M 100c	S+525 bp	Nov 12, 2030
C•••• B•••• L•••••• Building Products	term loan first lien	$33.8M	$44.4M 98c	S+475 bp	Mar 31, 2032
P•••••• A••••••••• P•••••• L•• Systems S•••••••	term loan first lien	$42.9M	$42.9M 101c	S+525 bp	Feb 24, 2031
L••••• B••••• L•• Advertising	term loan first lien	$43.0M	$42.6M 100c	S+500 bp	Jun 24, 2033
C••••••• B••••• I••. Application S•••••••	term loan first lien	$43.9M	$41.7M 96c	S+675 bp	Nov 8, 2030
L•• B••••• L•• Air Freight & Logistics	term loan first lien	$41.6M	$41.1M 100c	S+500 bp	Feb 9, 2032
B•••••••• P•••••• L•• Systems S•••••••	term loan first lien	$48.9M	$40.7M 85c	S+650 bp	Aug 15, 2029
M••••••• A••••••••• I••. Diversified Financial Services	term loan first lien	$40.9M	$40.5M 100c	S+500 bp	Jun 3, 2030
D•••• L•••••• S•• I• L•• Specialized Finance	term loan unsecured or subordinated	$40.4M	$40.4M 100c	8.00% PIK 3.00%	Aug 31, 2029
A•••• H•••••• 4• S••••••. Health C••• Services	term loan first lien	$35.6M	$40.3M 98c	S+575 bp	Sep 30, 2031
R••••••••• H•••••••• I••. Pharmaceuticals	term loan first lien	$40.7M	$40.1M 100c	S+500 bp	Mar 17, 2031
O••••••••• N•••• A•••••• Inc. Application S•••••••	term loan first lien	$41.6M	$39.4M 96c	S+550 bp PIK 2.50%	Oct 30, 2031
F•••••• S••••••• L•• Application S•••••••	term loan first lien	$40.8M	$39.1M 96c	S+475 bp	Aug 15, 2032
K••• M•••• I• I••. R••••••• & C••••••••• Services	term loan first lien	$39.0M	$38.7M 100c	S+450 bp	Nov 25, 2031
J•••• B•••• L•••••• Application S•••••••	term loan first lien	$38.6M	$38.6M 102c	S+550 bp	Apr 25, 2031
B•••• I••••••••• I•• L•• Health C••• Supplies	term loan first lien	$38.8M	$38.4M 100c	S+475 bp	Sep 30, 2032
NFO O••••• B•••• LLC Distributors	term loan first lien	$37.5M	$37.3M 100c	S+450 bp	Jan 13, 2033
P•• A••• B••••• I••. A•••space & Defense	term loan first lien	$36.5M	$36.5M 100c	S+500 bp	Sep 30, 2031
C•••••• H•••••• I• L•• Alternative Carriers	term loan first lien	$38.3M	$36.0M 101c	S+425 bp	Apr 3, 2031
T••••••• P••••••• I••. Distillers & Vintners	term loan first lien	$36.7M	$36.0M 100c	S+100 bp	Mar 6, 2031
S••• Holdings III LLC Personal C••• Products	term loan first lien	$35.7M	$35.4M 100c	S+450 bp	Dec 1, 2032
K••••• I••••••••• A• Health C••• Supplies	term loan first lien	$31.0M	$35.2M 98c	S+475 bp	Apr 22, 2032
E•••••••• I• B••••••• 2•••• L•• Application S•••••••	term loan first lien	$35.4M	$35.1M 101c	S+475 bp	Sep 30, 2030
T••••••• P••••••• I••. Distillers & Vintners	term loan first lien	$35.8M	$35.1M 100c	S+950 bp	Mar 6, 2031
A•••• H•••••• 4• S••••••. Health C••• Services	term loan first lien	$30.5M	$34.5M 103c	S+575 bp	Sep 27, 2031
ACP F••••• B•••• Inc Systems S•••••••	term loan first lien	$33.8M	$33.7M 101c	S+550 bp	Aug 1, 2029
M••••• B•••• L•• Application S•••••••	term loan first lien	$36.3M	$33.6M 94c	S+425 bp	Jul 1, 2031
I• B•••• L•• Electrical Components & Equipment	term loan first lien	$33.0M	$32.9M 101c	S+500 bp	Jun 28, 2029
H••••• P•••••••• I••. Education Services	term loan first lien	$41.1M	$32.7M 81c	S+525 bp	Apr 9, 2029
M••••••• International Inc Application S•••••••	term loan second lien	$35.3M	$32.6M 93c	S+525 bp	Jun 17, 2032
B•••••• P•••••• L•• Application S•••••••	term loan first lien	$32.5M	$32.5M 101c	S+475 bp	Feb 27, 2031
E••••• B•••• A• Life Sciences Tools & Services	term loan first lien	$319M	$32.4M 97c	S+525 bp	Sep 22, 2032
E••••• B•••• A• Life Sciences Tools & Services	term loan first lien	$24.8M	$32.3M 98c	S+525 bp	Sep 22, 2032
N•••• S••• A••••••••• L•• Education Services	term loan first lien	$32.4M	$31.8M 99c	S+475 bp	May 3, 2029
B••• B•••• G••• Diversified Chemicals	term loan first lien	$29.1M	$31.4M 109c	S+450 bp	Oct 31, 2030
N•••••• B•••• US Inc. A•••space & Defense	term loan first lien	$30.7M	$30.3M 100c	S+475 bp	Jan 19, 2031
C••••••••• T••••••••• L•• Application S•••••••	term loan first lien	$30.8M	$30.0M 99c	S+575 bp	Apr 12, 2030
G•••• R•••• A•••••• M••••••••• I••. Health C••• Equipment	term loan first lien	$30.0M	$29.7M 100c	S+575 bp	Mar 10, 2031
N•••• B•••• L•• Specialized Finance	term loan second lien	$30.1M	$29.4M 98c	S+575 bp	Feb 16, 2032
I•••• Inc Application S•••••••	term loan first lien	$32.1M	$28.3M 88c	S+450 bp	Oct 30, 2031
R••••••••• H•••••• C•••. Education Services	term loan first lien	$35.3M	$28.2M 89c	S+400 bp	Apr 5, 2030
K••••• I••. Systems S•••••••	term loan second lien	$43.8M	$26.8M 61c	S+500 bp	Mar 21, 2033
E••••••••• R••••••• and C••••••••• LLC Construction & E•••••••••	term loan first lien	$31.5M	$26.7M 86c	S+500 bp	Aug 29, 2031
1•••••• B• L•• Pharmaceuticals	term loan first lien	$27.4M	$26.7M 99c	S+625 bp	Oct 8, 2030

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Registration

Fiscal year end: 0930reported
Incorporated: unknownreported
On the SEC BDC report: 2022 to 2026reported
Filings listed: 19reported10-Q and 10-K since 2022
Former names: O•••••• Opportunistic Income Fundreported
Latest schedule: 0001872371-26-000013reported