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.
F•••• E•••• P•••••• C••••• F•••
Business development companymanaged by F•••• E•••• I••••••••• M••••••••• L••Non-traded· NEW YORK, NY
A non-traded business development company, managed by F•••• E•••• I••••••••• M••••••••• L••, holding $553M across 106 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
- $553M
- Borrowers
- 106
- Mark on cost
- 99.6¢
- First lien
- 100%
Schedule of investments, 10-Q and 10-K
Schedule of investments, 10-Q and 10-K
Schedule of investments, 10-Q and 10-K
Schedule of investments, 10-Q and 10-K
As of · the latest schedule of investments read for this BDC
What matters now
- 8 below 80¢$10.8M principal
8 positions across 5 borrowers marked below 80¢ on cost, $10.8M principal.
Q2 2026 · Marks this low usually come before non-accrual or a restructuring.
Derivedeach position's fair value over cost, 30 Jun 2026 - 95 → 106borrowers
Added a net 11 borrowers in the quarter to Jun 30, 2026, to 106.
Q2 2026 · The book is turning over faster than usual.
Every headline figure, and the identifiersCIK 1890107 · file 814-01642ShowHide
Fair value
$553M
as of Jun 30, 2026
Principal held
$560M
debt pieces, the filer's figure
Cost
$555M
100c on cost, debt pieces
Unfunded
$137M
commitments not yet drawn
Positions
249
106 borrowers
First lien
100%
100% debt by fair value
Quarters on the tape
12
since Sep 30, 2023
Facilities held
184
12 sponsors financed
Portfolio through time
Fair value by quarter end$553M as of Jun 30, 2026
Sep 30, 2023$21.0M then
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2026 | $553M | 106 | 100c | 4 | 501 bp |
| Mar 31, 2026 | $537M | 95 | 100c | 4 | 527 bp |
| Dec 31, 2025 | $567M | 108 | 100c | 6 | 519 bp |
| Sep 30, 2025 | $645M | 132 | 100c | 6 | 518 bp |
All 12 quartersShow fewer
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2025 | $658M | 156 | 99c | 3 | 486 bp |
| Mar 31, 2025 | $2.5B | 156 | 99c | 0 | 476 bp |
| Dec 31, 2024 | $3.3B | 166 | 100c | 0 | 472 bp |
| Sep 30, 2024 | $2.0B | 119 | 100c | 0 | 499 bp |
| Jun 30, 2024 | $1.8B | 100 | 100c | 0 | 411 bp |
| Mar 31, 2024 | $794M | 47 | 100c | 0 | 561 bp |
| Dec 31, 2023 | $598M | 23 | 100c | 0 | 608 bp |
| Sep 30, 2023 | $21.0M | 6 | 100c | 0 | 663 bp |
Sponsors financed
No borrower on this schedule has a sponsor attribution yet.
What changed
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
Full timeline · 20 eventsShow fewer
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
Largest facilities held, with co-lenders
- I••••• P•••••• C••• first lien term loan2 BDCs hold it · matures Mar 11, 2031$16.5M 99c
- S•••••••• F••• P••••••••• L•• first lien term loan2 BDCs hold it · matures Dec 31, 2029$16.2M 101c
- V••••• U•••••• B••••• L•• first lien term loan1 BDC hold it · matures Jul 24, 2031$15.0M 99c
- 8•• P••••••••• M•• L•• first lien term loan1 BDC hold it · matures Oct 9, 2027$13.8M 101c
- B•••••• S••• P•••••• L•• first lien term loan10 BDCs hold it · matures Aug 31, 2030$13.3M 101c
- S••••••••• I••••••••• I•• first lien term loan1 BDC hold it · matures Apr 1, 2030$12.3M 101c
- A•••••• L•• first lien term loan6 BDCs hold it · matures Sep 13, 2029$11.5M 101c
- A•••••••• B•••• I•• first lien term loan1 BDC hold it · matures Feb 14, 2031 · possible sponsor B•••• C•••••• A•••• M••••••••• L••$11.5M 100c
- S•••••• I••••••••• H•••••••• L•• first lien term loan1 BDC hold it · matures Sep 17, 2030$10.2M 96c
- E•••• P•••••••• L•• first lien term loan2 BDCs hold it · matures May 23, 2030$9.9M 101c
- H•••••• B•••••• H•••••••• I•• first lien term loan1 BDC hold it · matures Jul 11, 2029$9.8M 100c
- C• G••••• L•• first lien term loan5 BDCs hold it · matures Mar 27, 2030$9.7M 101c
Schedule of investments at Jun 30, 2025
248 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| M•••••• H•••••••• L•• D••••••••• C••••••• Services | revolver first lien | $132,000 | $109,000 89c | SOFR+600 bp | Nov 15, 2029 |
| W•••• R••••••• M••••••••• I••• C••••••••• Services & S••••••• | revolver first lien | $106,000 | $106,000 109c | SOFR+575 bp | Dec 28, 2029 |
| X•• P•••••••• L•• Financial Services | revolver first lien | $109,000 | $103,000 98c | SOFR+575 bp | Sep 13, 2028 |
| U• F•••••••• E••••••••• L•• H••••• C••• P•••••••• & Services | delayed draw term loan first lien | $97,000 | $98,000 102c | SOFR+450 bp | Oct 11, 2031 |
| S••••••••• I••••••••• I•• D••••••••• C••••••• Services | revolver first lien | $113,000 | $92,000 99c | SOFR+525 bp | Apr 1, 2030 |
| E•••••• H• P•••••• I••• H••••• C••• P•••••••• & Services | delayed draw term loan first lien | $84,000 | $84,000 102c | SOFR+600 bp | Aug 20, 2029 |
| G••••••••• O••••••••• L•• B••••••• P••••••• | delayed draw term loan first lien | $74,000 | $74,000 99c | SOFR+300 bp | Mar 14, 2031 |
| S••••••• C••••• L•• P••••••••• Services | revolver first lien | $82,000 | $58,000 91c | SOFR+550 bp | Jun 28, 2030 |
| E•••••• H• P•••••• I••• H••••• C••• P•••••••• & Services | revolver first lien | $27,000 | $27,000 113c | SOFR+600 bp | Aug 20, 2029 |
| E•••••• H• P•••••• I••• H••••• C••• P•••••••• & Services | delayed draw term loan first lien | $23,000 | $23,000 100c | SOFR+600 bp | Aug 20, 2029 |
| E•••••• H•••••••• I••• S••••••• | revolver first lien | $21,000 | $14,000 78c | SOFR+550 bp | Dec 24, 2029 |
| C••••••••• C••••••••• A•••••••• & D•••••• | term loan first lien | $7,000 | $7,000 100c | SOFR+375 bp | Mar 27, 2031 |
| X••• B•••••• I••• S•••••••• R••••• | warrants equity | $8,000 | $5,000 16c | ||
| M••••••• L•• H••••• C••• P•••••••• & Services | revolver first lien | $0 | $0 0c | SOFR+600 bp | Oct 20, 2029 |
| R•••• H••••• I••• H••••• C••• P•••••••• & Services | revolver first lien | $0 | $0 0c | SOFR+650 bp | Jan 8, 2029 |
| T•• M••••• G••••• L•• I•••••••• | revolver first lien | $0 | $0 0c | SOFR+550 bp | Jan 31, 2030 |
| W•••• R••••••• M••••••••• I••• C••••••••• Services & S••••••• | delayed draw term loan first lien | $0 | $0 0c | SOFR+575 bp | Dec 28, 2029 |
| V•••••• A••••••••• L•• H••••• C••• T••••••••• | revolver first lien | $0 | $0 0c | SOFR+575 bp | Jan 31, 2030 |
| R•••• H••••• I••• H••••• C••• P•••••••• & Services | delayed draw term loan first lien | $0 | $0 0c | SOFR+650 bp | Jan 8, 2029 |
| S•••••••• B••••• L•• Financial Services | revolver first lien | $0 | $0 0c | SOFR+500 bp | Jul 1, 2030 |
| E•••••• H•••••••• I••• S••••••• | delayed draw term loan first lien | $0 | $0 | SOFR+550 bp | Dec 24, 2029 |
| 8•• P••••••••• M•• L•• Real Estate Management & D••••••••• | delayed draw term loan first lien | $0 | $0 0c | SOFR+650 bp | Oct 9, 2027 |
| E••••••••• A••• H•••••••• L•• A••••••••• C••••••••• | revolver first lien | $0 | -$1,000 100c | SOFR+475 bp | Dec 19, 2026 |
| E••••• A••••••••• E••••••••• E•••••••• | delayed draw term loan first lien | $0 | -$2,000 67c | SOFR+650 bp | May 10, 2029 |
| H••••••••• H••••••• H••••• C••• P•••••••• & Services | delayed draw term loan first lien | $0 | -$2,000 67c | SOFR+525 bp | Dec 15, 2028 |
| A•••••• L•• S••••••• | revolver first lien | $0 | -$3,000 50c | SOFR+575 bp | Sep 13, 2029 |
| P••• G•••••• I•• Financial Services | delayed draw term loan first lien | $0 | -$6,000 200c | SOFR+550 bp | Dec 20, 2030 |
| P••••••••• I••• H••••• C••• E•••••••• & S••••••• | revolver first lien | $0 | -$7,000 78c | SOFR+475 bp | Dec 30, 2030 |
| R• J••••• I••• C••••••••• & E••••••••• | revolver first lien | $0 | -$8,000 57c | SOFR+600 bp | Dec 15, 2028 |
| A•• A••••••••• H•••••••• L•• C••••••••• Services & S••••••• | revolver first lien | $0 | -$9,000 43c | SOFR+550 bp | Jul 11, 2029 |
| U•••••• P••••••• L•• P••••••••• Services | revolver first lien | $0 | -$10,000 125c | SOFR+500 bp | Dec 23, 2027 |
| H•• H•••••••• L•• P••••••••• Services | revolver first lien | $0 | -$11,000 110c | SOFR+500 bp | May 1, 2031 |
| G••• D••••• P••••••• O•••• L•• H••••• C••• P•••••••• & Services | revolver first lien | $0 | -$11,000 138c | SOFR+550 bp | May 13, 2030 |
| T•• S•••••• L•• P••••••••• Services | revolver first lien | $0 | -$12,000 80c | SOFR+550 bp | Jul 12, 2030 |
| S••••• G•••• A••••••••• I••• P••••••••• Services | revolver first lien | $0 | -$13,000 108c | SOFR+475 bp | Apr 9, 2031 |
| A•• B•••• I••• Air F•••••• & L•••••••• | revolver first lien | $0 | -$16,000 267c | SOFR+525 bp | Jul 23, 2030 |
| O•• V•••• L•• A••••••••• C••••••••• | revolver first lien | $0 | -$16,000 107c | SOFR+525 bp | Dec 31, 2030 |
| M•••••• C••••••• G••••• L•• E••••••• U•••••••• | revolver first lien | $0 | -$16,000 100c | SOFR+600 bp | Apr 17, 2030 |
| T•• S•••••• L•• P••••••••• Services | delayed draw term loan first lien | $0 | -$24,000 80c | SOFR+550 bp | Jul 12, 2030 |
| P••••••••• I••• H••••• C••• E•••••••• & S••••••• | delayed draw term loan first lien | $0 | -$27,000 225c | SOFR+475 bp | Dec 30, 2030 |
| A•••••••• B•••• I•• H••••• C••• T••••••••• | revolver first lien | $0 | -$29,000 107c | SOFR+500 bp | Feb 14, 2031 |
| I••••• P•••••• C•••• S••••••• | revolver first lien | $0 | -$36,000 106c | SOFR+525 bp | Mar 11, 2031 |
| M•••••• C••••••• G••••• L•• E••••••• U•••••••• | delayed draw term loan first lien | $0 | -$40,000 200c | SOFR+600 bp | Apr 17, 2030 |
| G••• D••••• P••••••• O•••• L•• H••••• C••• P•••••••• & Services | delayed draw term loan first lien | $0 | -$42,000 280c | SOFR+575 bp | May 13, 2030 |
| S••••••• C••••• L•• P••••••••• Services | delayed draw term loan first lien | $0 | -$49,000 544c | SOFR+525 bp | Jun 28, 2030 |
| S••••• G•••• A••••••••• I••• P••••••••• Services | delayed draw term loan first lien | $0 | -$51,000 319c | SOFR+475 bp | Apr 9, 2031 |
| I• V•••• S•••••••• L•• H••••• C••• P•••••••• & Services | revolver first lien | $0 | -$63,000 1050c | SOFR+700 bp | Feb 28, 2029 |
| S•••••• I••••••••• H•••••••• L•• P••••••••• | revolver first lien | $0 | -$75,000 682c | SOFR+500 bp | Sep 17, 2030 |
Page 3 of 3Previous
Registration
- Fiscal year end
- 1231reported
- Incorporated
- DEreported
- On the SEC BDC report
- 2023 to 2026reported
- Filings listed
- 13reported10-Q and 10-K since 2022
- Latest schedule
- 0001193125-26-349367reported