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.
T• R••• P•••• O•• S••••• P•••••• C••••• F•••
A non-traded business development company, managed by O•• P•••••• C••••• A••••••• L••, holding $3.1B across 145 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
- $3.1B
- Borrowers
- 145
- Mark on cost
- 97.7¢
- First lien
- 91%
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
- $30.8Mon non-accrual, 1 borrower
1 borrower on non-accrual, $30.8M principal; the largest is A•• U•••••• H•••••••• I•• ($30.8M).
Q2 2026 · Loans that have stopped paying interest; they set the book's credit losses.
FactBDC schedules of investments, 30 Jun 2026For LPs and shareholders in these BDCs, co-lenders on the same namesOpen A•• U•••••• H•••••••• I•• → - $30.8Mnewly on non-accrual
1 borrower newly placed on non-accrual in Q2 2026, $30.8M principal: A•• U•••••• H•••••••• I•• ($30.8M).
Q2 2026 · The newest credit problems in the book.
- 11 below 80¢$122M principal
11 positions across 7 borrowers marked below 80¢ on cost, $122M principal.
Q2 2026 · Marks this low usually come before non-accrual or a restructuring.
Derivedeach position's fair value over cost, 30 Jun 2026 - $2.5B → $3.1Bfair value, 4 quarters
Its portfolio grew 26% at fair value over the last four quarters.
Q2 2026 · A fast-growing book is deploying new capital.
- 140 → 145borrowers
Added a net 5 borrowers in the quarter to Jun 30, 2026, to 145.
Q2 2026 · The book is turning over faster than usual.
Every headline figure, and the identifiersCIK 1901164 · file 814-01561ShowHide
Fair value
$3.1B
as of Jun 30, 2026
Principal held
$3.6B
debt pieces, the filer's figure
Cost
$3.2B
98c on cost, debt pieces
Unfunded
$414M
commitments not yet drawn
Positions
544
145 borrowers
First lien
91%
98% debt by fair value
Quarters on the tape
14
since Dec 31, 2022
Facilities held
301
43 sponsors financed
Portfolio through time
Fair value by quarter end$3.1B as of Jun 30, 2026
Dec 31, 2022$71.8M then
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2026 | $3.1B | 145 | 98c | 49 | 528 bp |
| Mar 31, 2026 | $3.0B | 140 | 98c | 50 | 521 bp |
| Dec 31, 2025 | $5.8B | 136 | 100c | 79 | 528 bp |
| Sep 30, 2025 | $2.7B | 126 | 100c | 31 | 533 bp |
All 14 quartersShow fewer
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2025 | $2.5B | 124 | 99c | 35 | 534 bp |
| Mar 31, 2025 | $2.2B | 108 | 100c | 29 | 551 bp |
| Dec 31, 2024 | $6.2B | 105 | 100c | 64 | 551 bp |
| Sep 30, 2024 | $1.9B | 104 | 101c | 18 | 568 bp |
| Jun 30, 2024 | $1.6B | 103 | 101c | 13 | 586 bp |
| Mar 31, 2024 | $1.4B | 91 | 101c | 18 | 572 bp |
| Dec 31, 2023 | $1.3B | 97 | 101c | 17 | 586 bp |
| Sep 30, 2023 | $930M | 87 | 101c | 0 | 634 bp |
| Jun 30, 2023 | $600M | 72 | 100c | 0 | 628 bp |
| Dec 31, 2022 | $71.8M | 24 | 99c | 0 | 600 bp |
Sponsors financed
No borrower on this schedule has a sponsor attribution yet.
What changed
- New borrower on a BDC scheduleJun 30, 2026
- New lender joined a facilityJun 30, 2026
- Placed on non-accrualJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New borrower on a BDC scheduleJun 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 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
- PIK interest appearsJun 30, 2026
- Spread increasedJun 30, 2026
- New lender joined a facilityJun 30, 2026
- New lender joined a facilityJun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Lender left a facilityMar 31, 2026
- Lender left a facilityMar 31, 2026
Largest facilities held, with co-lenders
- N••• I••••••••• I•• first lien term loan4 BDCs hold it · matures Dec 31, 2029$68.8M 93c
- T••••••••• C••• L•• first lien term loan11 BDCs hold it · matures Feb 13, 2032$63.7M 100c
- P•••••• N••••• L•• second lien term loan2 BDCs hold it · matures Jun 4, 2029 · possible sponsor N•••••• M••••••••• I•••$59.9M 80c
- B•••• T•••• A••••••• G••••• L• first lien term loan16 BDCs hold it · matures Jun 3, 2031 · H•••••• • F••••••• L••$59.3M 101c
- S•••• B•••• L•• first lien term loan2 BDCs hold it · matures Aug 21, 2031$58.0M 100c
- P•• I••••••••• H•••••••• L•• first lien term loan22 BDCs hold it · matures Aug 1, 2030$56.1M 99c
- M••••• A••••••••• L•• first lien term loan2 BDCs hold it · matures Jun 25, 2031$56.0M 100c
- A•••••• N••••••••• M•••• 2• B•• first lien term loan8 BDCs hold it · matures May 29, 2031$54.8M 104c
- S••••••• A••••••••• H••••••• C••• first lien term loan4 BDCs hold it · matures Jun 29, 2028 · possible sponsor C•••••• C••••••$53.3M 100c
- P•••••••• C••••••••• M••••• I•• first lien term loan19 BDCs hold it · matures Oct 15, 2032$52.6M 100c
- L•••••• F•••• H••••••• first lien term loan2 BDCs hold it · matures Apr 8, 2031$50.0M 99c
- N••••••• R••••••••• L•• first lien term loan2 BDCs hold it · matures Nov 21, 2030 · possible sponsor M•• C•••••• M••••••••• U• L••$50.0M 99c
Schedule of investments at Dec 31, 2025
911 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| G•••••••• I••• | unstated lien unstated | $5.1M | $5.1M 100c | S+550 bp PIK 2.00% | Jan 17, 2031 |
| M•••••• Y••••••••• B••••• I••• C••••••• G••••: D•••••• | term loan first lien | $5.6M | $5.0M 91c | S+700 bp PIK 3.25% | |
| M•••••• Y••••••••• B••••• I••• | unstated lien unstated | $5.6M | $5.0M 91c | S+700 bp PIK 3.25% | Jun 23, 2028 |
| O••••••• H••••••• L••• | unstated lien unstated | $4.9M | $4.9M 100c | ||
| O••••••• H••••••• L••• A•••••••• and D•••••• | equity equity | $4.9M | $4.9M 100c | ||
| E•••••• S•••••••• G•••• | unstated lien unstated | $4.7M | $4.7M 100c | S+475 bp | Dec 17, 2032 |
| E•••••• S•••••••• G•••• S••••••s: B••••••• | term loan first lien | $4.7M | $4.7M 100c | S+475 bp | |
| O•••• A•••••• S••••••••• I••• | unstated lien unstated | $4.5M | $4.5M 102c | S+550 bp | Oct 10, 2033 |
| O•••• A•••••• S••••••••• I••• | term loan second lien | $4.5M | $4.5M 102c | S+550 bp | |
| C•••• C••••••••• L•• S••••••s: C••••••• | term loan first lien | $4.8M | $4.5M 106c | S+475 bp | |
| C•••• C••••••••• L•• | unstated lien unstated | $4.8M | $4.5M 106c | S+475 bp | Feb 23, 2029 |
| D•• B•••• L•• | term loan first lien | $4.5M | $4.5M 101c | S+650 bp | |
| D•• B•••• L•• | revolver lien unstated | $4.5M | $4.5M 101c | S+650 bp | Oct 4, 2028 |
| O••• F••••• L•• T••••••••• | term loan first lien | $4.4M | $4.4M 99c | S+525 bp | |
| O••• F••••• L•• | delayed draw term loan lien unstated | $4.4M | $4.4M 99c | S+525 bp | Jul 3, 2029 |
| 1••••••••• I••• H•••••••••, E•••••••• and C•••••••• | term loan first lien | $6.0M | $4.3M 100c | S+500 bp | |
| 1••••••••• I••• | delayed draw term loan lien unstated | $6.0M | $4.3M 100c | S+500 bp | Aug 10, 2029 |
| I••••• P•••••••• C••••••••• | revolver lien unstated | $4.3M | $4.2M 102c | S+650 bp PIK 6.50% | Nov 16, 2028 |
| I••••• P•••••••• C••••••••• M••••: D••••••••• & P••••••••• | term loan first lien | $4.3M | $4.2M 102c | S+650 bp PIK 6.50% | |
| T••••••••• C••• L•• | unstated lien unstated | $10.7M | $4.2M 100c | S+475 bp | Feb 13, 2032 |
| T••••••••• C••• L•• Capital E•••••••• | term loan first lien | $10.7M | $4.2M 100c | S+475 bp | |
| I••••• P•••••••• C••••••••• M••••: D••••••••• & P••••••••• | term loan first lien | $4.3M | $4.0M 96c | S+650 bp PIK 6.50% | |
| I••••• P•••••••• C••••••••• | revolver lien unstated | $4.3M | $4.0M 96c | S+650 bp PIK 6.50% | Nov 16, 2028 |
| O•••• A•••••• S••••••••• I••• | unstated lien unstated | $4.0M | $4.0M 102c | S+575 bp | Dec 31, 2030 |
| O•••• A•••••• S••••••••• I••• | term loan second lien | $4.0M | $4.0M 102c | S+575 bp | |
| P•• F••••••• C•••••••••, P•••••••• and G•••• | term loan first lien | $4.0M | $4.0M 101c | S+525 bp | |
| P•• F••••••• P•••••••• | unstated lien unstated | $4.0M | $4.0M 101c | S+525 bp | Sep 29, 2028 |
| M•••••• Y••••••••• B••••• I••• C••••••• G••••: D•••••• | term loan first lien | $4.4M | $4.0M 90c | S+700 bp PIK 3.25% | |
| M•••••• Y••••••••• B••••• I••• | unstated lien unstated | $4.4M | $4.0M 90c | S+700 bp PIK 3.25% | Jun 23, 2028 |
| B••••• P••••• A•••••••• L•• | term loan first lien | $3.9M | $3.9M 101c | S+450 bp | |
| B••••• P••••• A•••••••• L•• | unstated lien unstated | $3.9M | $3.9M 101c | S+450 bp | Dec 29, 2028 |
| S•• A••••••• G•••• | unstated lien unstated | $3.9M | $3.9M 100c | S+500 bp | Oct 8, 2031 |
| S•• A••••••• G•••• A•••••••• and D•••••• | term loan first lien | $3.9M | $3.9M 100c | S+500 bp | |
| P•• I••••••••• H••••••• L•• | unstated lien unstated | $10.0M | $3.9M 100c | S+525 bp | Aug 31, 2029 |
| P•• I••••••••• H••••••• L•• H•••••••••, E•••••••• and C•••••••• | term loan first lien | $10.0M | $3.9M 100c | S+525 bp | |
| D••••• M•••• 2• L•• S••••••s: C••••••• | term loan first lien | $3.5M | $3.5M 101c | S+525 bp | |
| D••••• M•••• 2• L•• | delayed draw term loan lien unstated | $3.5M | $3.5M 101c | S+525 bp | Dec 22, 2028 |
| N•• H••••••• I•• C•••• C••••••••• & B••••••• | term loan first lien | $4.4M | $3.4M 100c | S+525 bp | |
| N•• H••••••• I•• C•••• | unstated lien unstated | $4.4M | $3.4M 100c | S+525 bp | Jul 15, 2030 |
| P•••••••• C••••••••• M••••• I••• | unstated lien unstated | $2.5M | $3.4M 102c | S+475 bp | Jul 9, 2032 |
| P•••••••• C••••••••• M••••• I••• H•••••••••, E•••••••• and C•••••••• | term loan first lien | $2.5M | $3.4M 102c | S+475 bp | |
| O••••••••• L•• | unstated lien unstated | $3.3M | $3.3M 100c | S+450 bp | Dec 23, 2032 |
| O••••••••• L•• S••••••s: B••••••• | term loan first lien | $3.3M | $3.3M 100c | S+450 bp | |
| P•• I••••••••• H••••••• L•• | unstated lien unstated | $3.2M | $3.2M 100c | S+600 bp | Aug 31, 2029 |
| P•• I••••••••• H••••••• L•• H•••••••••, E•••••••• and C•••••••• | term loan first lien | $3.2M | $3.2M 100c | S+600 bp | |
| F••••••••• I••• | preferred equity equity | $4,000 | $3.1M 100c | 14.50% PIK 14.50% | |
| F••••••••• I••• | unstated lien unstated | $4,000 | $3.1M 100c | 14.50% PIK 14.50% | |
| T•••• M•••••• L•• | unstated lien unstated | $2.6M | $3.0M 101c | S+500 bp | Jun 14, 2032 |
| T•••• M•••••• L•• H•••••••••, E•••••••• and C•••••••• | term loan first lien | $2.6M | $3.0M 101c | S+500 bp | |
| V••••••• B•••••• L•• T••••••••• | term loan second lien | $2.9M | $3.0M 103c | 8.87% | |
| V••••••• B•••••• L•• | unstated lien unstated | $2.9M | $3.0M 103c | 8.87% | May 15, 2054 |
| N••• H•••••• L•• | unstated lien unstated | $3.0M | $3.0M 100c | S+525 bp | Nov 12, 2030 |
| N••• H•••••• L•• H•••••••••, E•••••••• and C•••••••• | term loan first lien | $3.0M | $3.0M 100c | S+525 bp | |
| M•• S••••••• L•• H••• T••• | term loan first lien | $2.9M | $2.9M 99c | S+475 bp | |
| M•• S••••••• L•• | revolver lien unstated | $2.9M | $2.9M 99c | S+475 bp | Feb 10, 2028 |
| T• S•••••••• H•••••••• L•• | term loan first lien | $2.9M | $2.9M 102c | S+650 bp PIK 17.50% | |
| T• S•••••••• H•••••••• L•• | delayed draw term loan lien unstated | $2.9M | $2.9M 102c | 17.50% | May 4, 2028 |
| B••••• P•••••••• L•• C•••••••••, P•••••••• and G•••• | term loan second lien | $2.4M | $2.8M 107c | S+650 bp | |
| B••••• P•••••••• L•• | unstated lien unstated | $2.4M | $2.8M 107c | S+650 bp | Jun 7, 2032 |
| P•••••• C•••• | term loan second lien | $3.3M | $2.6M 82c | S+775 bp | Feb 1, 2029 |
| P•••••• C•••• A•••••••• and D•••••• | term loan second lien | $3.3M | $2.6M 82c | S+775 bp | |
| U••• H••••••• I••• | unstated lien unstated | $5.4M | $2.5M 100c | S+525 bp | Sep 10, 2031 |
| U••• H••••••• I••• S••••••s: B••••••• | term loan first lien | $5.4M | $2.5M 100c | S+525 bp | |
| A••••••••• I••• | unstated lien unstated | $2.3M | $2.3M 100c | 14.25% PIK 14.25% | May 3, 2030 |
| A••••••••• I••• | term loan first lien | $2.3M | $2.3M 100c | S+650 bp PIK 14.25% | |
| O••• F••••• L•• T••••••••• | term loan first lien | $2.2M | $2.2M 100c | S+525 bp | |
| O••• F••••• L•• | delayed draw term loan lien unstated | $2.2M | $2.2M 100c | S+525 bp | Jul 3, 2029 |
| P••• A•••••• L•• | unstated lien unstated | $7.5M | $2.2M 99c | S+475 bp PIK 2.88% | Aug 27, 2032 |
| P••• A•••••• L•• S••••••s: B••••••• | term loan first lien | $7.5M | $2.2M 99c | S+475 bp PIK 2.88% | |
| T•••••••• I•••••••• H••••••• L•• | unstated lien unstated | $2.0M | $2.0M 100c | S+325 bp | Jun 17, 2032 |
| T•••••••• I•••••••• H••••••• L•• I•••••••• | term loan first lien | $2.0M | $2.0M 100c | S+325 bp | |
| D••••• M•••• 2• L•• S••••••s: C••••••• | term loan first lien | $6.4M | $2.0M 102c | S+525 bp | |
| D••••• M•••• 2• L•• | delayed draw term loan lien unstated | $6.4M | $2.0M 102c | S+525 bp | Dec 22, 2028 |
| B••• H••• P•••••• I••• C••••••••, P••••••• and R••••• | term loan first lien | $2.0M | $2.0M 101c | S+575 bp | |
| B••• H••• P•••••• I••• | delayed draw term loan lien unstated | $2.0M | $2.0M 101c | S+575 bp | Oct 7, 2030 |
| D••••• M•••• 2• L•• S••••••s: C••••••• | term loan first lien | $2.0M | $2.0M 100c | S+525 bp | |
| D••••• M•••• 2• L•• | delayed draw term loan lien unstated | $2.0M | $2.0M 100c | S+525 bp | Dec 22, 2028 |
| R•••••••• I••• | revolver lien unstated | $2.0M | $1.9M 96c | S+650 bp | Apr 16, 2029 |
| R•••••••• I••• H••• T••• | term loan first lien | $2.0M | $1.9M 96c | S+650 bp PIK 1.75% | |
| C••••• B•••• H••••••• C•••••• | term loan first lien | $1.7M | $1.9M 115c | ||
| C••••• B•••• H••••••• C•••••• S••••••s: B••••••• | equity equity | $1.7M | $1.9M 115c | ||
| F••••••• I••••••••• C••••••••• & B••••••• | term loan first lien | $1.9M | $1.9M 100c | S+475 bp | |
| F••••••• I••••••••• | delayed draw term loan lien unstated | $1.9M | $1.9M 100c | S+475 bp | Nov 26, 2031 |
| G•••••• U• H•••••••• I••• | revolver lien unstated | $1.8M | $1.8M 100c | S+475 bp | Sep 22, 2028 |
| G•••••• U• H•••••••• I••• H•••••••••, E•••••••• and C•••••••• | term loan first lien | $1.8M | $1.8M 100c | S+475 bp | |
| A•• M• S••• M••••• a•• S•••••• o• K••••• L•• | unstated lien unstated | $1.7M | $1.7M 102c | S+775 bp | Oct 25, 2029 |
| A•• M• S••• M••••• a•• S•••••• o• K••••• L•• S••••••s: C••••••• | term loan second lien | $1.7M | $1.7M 102c | S+775 bp | |
| D••••• M•••• 2• L•• S••••••s: C••••••• | term loan first lien | $1.7M | $1.7M 100c | S+525 bp | |
| D••••• M•••• 2• L•• | delayed draw term loan lien unstated | $1.7M | $1.7M 100c | S+525 bp | Dec 22, 2028 |
| P••• A•••••• L•• | unstated lien unstated | $5.6M | $1.7M 100c | S+475 bp | Aug 27, 2032 |
| P••• A•••••• L•• S••••••s: B••••••• | term loan first lien | $5.6M | $1.7M 100c | S+475 bp | |
| M••••••• A•••••••• G••••• I••• | delayed draw term loan first lien | $1.6M | $1.6M 102c | S+600 bp | Sep 3, 2029 |
| M••••••• A•••••••• G••••• I••• C••••••••, P••••••• and R••••• | term loan first lien | $1.6M | $1.6M 102c | S+600 bp | |
| F• V••••• H•••••••• I••• | unstated lien unstated | $1.6M | $1.6M 100c | S+500 bp | Jan 20, 2031 |
| F• V••••• H•••••••• I••• S••••••s: B••••••• | term loan first lien | $1.6M | $1.6M 100c | S+500 bp | |
| T•• K••••••••• G••••• I••• | unstated lien unstated | $2.9M | $1.5M 100c | S+500 bp | Sep 18, 2030 |
| T•• K••••••••• G••••• I••• S••••••s: C••••••• | term loan first lien | $2.9M | $1.5M 100c | S+500 bp | |
| M••••••• B••••• P••••••••• L•• H••• T••• | term loan first lien | $1.6M | $1.5M 101c | S+550 bp | |
| M••••••• B••••• P••••••••• L•• | revolver lien unstated | $1.6M | $1.5M 101c | S+550 bp | Dec 29, 2028 |
| E••••••••• H•••••••• L•• H••• T••• | term loan first lien | $3.9M | $1.5M 100c | S+500 bp |
Registration
- Fiscal year end
- 1231reported
- Incorporated
- DEreported
- On the SEC BDC report
- 2023 to 2026reported
- Filings listed
- 13reported10-Q and 10-K since 2022
- Former names
- T. R••• P•••• O•• P•••••• C••••• Fundreported
- Latest schedule
- 0001901164-26-000022reported