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.

BDC portfolio

BlackRock Private Credit Fund

BDCnon-tradedCIK 1902649file 814-01485NEW YORK, NYmanaged by BLACKROCK CAPITAL INVESTMENT ADVISORS, LLC
Fair value
$2.5B
as of Jun 30, 2026
Principal held
$2.6B
debt pieces, the filer's figure
Cost
$2.6B
98c on cost
Unfunded
n/a
commitments not yet drawn
Positions
480
295 borrowers
First lien
100%
100% debt by fair value
Quarters on the tape
15
since Dec 31, 2022
Facilities held
425
48 sponsors financed
Portfolio through time
Fair value by quarter end$2.5B as of Jun 30, 2026
Dec 31, 2022$1.1B then
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Jun 30, 2026$2.5B29598c26423 bp
Mar 31, 2026$2.4B28798c26426 bp
Dec 31, 2025$2.2B271100c16436 bp
Sep 30, 2025$2.1B259100c22451 bp
Jun 30, 2025$1.7B257100c21461 bp
Mar 31, 2025$6.7B234100c23457 bp
Dec 31, 2024$5.2B200101c31476 bp
Sep 30, 2024$3.9B180100c14499 bp
Jun 30, 2024$2.5B146100c13546 bp
Mar 31, 2024$2.2B151101c11535 bp
Dec 31, 2023$2.1B148100c12538 bp
Sep 30, 2023$1.7B146101c9529 bp
Jun 30, 2023$1.3B138100c8501 bp
Mar 31, 2023$1.2B13799c8487 bp
Dec 31, 2022$1.1B13198c6462 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
Every position change, including routine ones
Largest facilities held, with co-lenders
Schedule of investments at Jun 30, 2026
480 positions
BorrowerInstrumentPrincipalFair valueRateMaturity
Motive Technologies, Inc. (Keep Truckin)
Road and Rail
term loan first lien$44.9M$44.6M
100c
SOFR+736 bpApr 8, 2027
PMA Parent Holdings, LLC
Capital Markets
term loan first lien$45.0M$44.2M
99c
SOFR+475 bpJan 31, 2031
Showtime Acquisition LLC (World Choice)
Hotels, Restaurants and Leisure
term loan first lien$44.3M$44.0M
100c
SOFR+475 bpAug 13, 2031
OpenMarket, Inc. (Infobip) (United Kingdom)
Wireless Telecommunication Services
term loan first lien$43.6M$42.9M
100c
SOFR+525 bpJun 11, 2029
Allied Benefit Systems Intermediate, LLC
Professional Services
term loan first lien$41.5M$41.8M
101c
SOFR+500 bpOct 31, 2030
As1 Sports Bidco Ltd (United Kingdom)
Media
term loan first lien$34.9M$39.5M
98c
EURIBOR+550 bpApr 9, 2033
Mpulse Mobile Inc.
Health Care Technology
term loan first lien$39.9M$38.9M
98c
SOFR+475 bpAug 26, 2032
IQN Holding Corporation (Beeline)
Software
delayed draw term loan first lien$39.0M$38.4M
99c
SOFR+525 bpMay 2, 2029
JF Acquisition, LLC (JF Petroleum)
Construction and Engineering
term loan first lien$38.0M$37.7M
100c
SOFR+575 bpJun 18, 2030
Aryeh Bidco Investment Ltd (DentalCorp) (Canada)
Healthcare Providers and Services
term loan first lien$52.0M$36.2M
97c
//tcpcapital.com/20260630#Canadian Overnight Repo Rate Average CORRAThree Months+500 bpJan 14, 2033
Wharf Street Rating Acquisition, LLC (KBRA)
Capital Markets
term loan first lien$35.3M$35.3M
101c
SOFR+450 bpSep 16, 2032
Logicmonitor, Inc
Software
term loan first lien$36.6M$35.3M
97c
SOFR+550 bpNov 19, 2031
MRO Parent Corporation
Health Care Technology
term loan first lien$34.5M$34.3M
101c
SOFR+450 bpJun 9, 2032
Hyphen Solutions, LLC
Software
term loan first lien$34.5M$34.0M
99c
SOFR+450 bpAug 6, 2032
SitusAMC Holdings Corporation
Diversified Financial Services
term loan first lien$32.4M$32.3M
100c
SOFR+550 bpMay 14, 2031
Digicert Inc
Communications Equipment
term loan first lien$33.7M$31.8M
95c
SOFR+575 bpSep 12, 2030
Chronicle Parent LLC (Lexitas)
Professional Services
term loan first lien$30.5M$30.2M
100c
SOFR+500 bpApr 15, 2031
Dragos, Inc.
Software
term loan first lien$29.9M$30.0M
101c
SOFR+525 bpJun 30, 2030
Syndigo, LLCterm loan first lien$31.1M$29.7M
96c
SOFR+500 bpSep 2, 2032
Shackleton Bidco Inc. (Payworks) (Canada)
Software
term loan first lien$43.1M$29.5M
97c
//tcpcapital.com/20260630#Canadian Overnight Repo Rate Average CORRAOne Month+450 bpNov 5, 2032
SRS Acquiom Holdings LLC
Capital Markets
term loan first lien$28.9M$28.6M
100c
SOFR+475 bpJan 14, 2032
ABC Technologies Inc. (TI Automotive) (Canada)
Automobiles
term loan first lien$29.1M$27.6M
98c
SOFR+600 bpAug 22, 2031
WH Borrower, LLC (WHP)
Textiles, Apparel and Luxury Goods
term loan first lien$26.5M$26.6M
101c
SOFR+450 bpFeb 20, 2032
Emburse Inc.
Software
term loan first lien$26.0M$25.8M
99c
SOFR+425 bpApr 10, 2032
Griffon Bidco Inc. (Layerzero)
Electrical Equipment
term loan first lien$25.2M$25.2M
101c
SOFR+500 bpJul 31, 2031
Flexport Capital, LLC
Software
term loan first lien$25.3M$25.1M
100c
SOFR+550 bpJun 30, 2029
Advanced Cooling Technologies Inc.
Machinery
term loan first lien$25.1M$24.9M
100c
SOFR+450 bpMay 19, 2033
TWG Sports LLC
Hotels, Restaurants and Leisure
term loan first lien$24.3M$23.9M
100c
SOFR+650 bpJun 26, 2027
AmeriLife Holdings, LLC
Insurance
term loan first lien$23.6M$23.5M
100c
SOFR+500 bpAug 31, 2029
Cohnreznick Advisory LLC
Commercial Services and Supplies
term loan first lien$23.0M$22.5M
98c
SOFR+325 bpMar 31, 2032
Zenith AcquisitionCo LLC
Aerospace and Defense
term loan first lien$22.8M$22.5M
99c
SOFR+450 bpJan 13, 2033
RBS Buyer Inc.
Construction and Engineering
term loan first lien$21.2M$21.8M
104c
SOFR+475 bpJul 31, 2031
Corinthia Bidco Limited (Walkers Professional Services) (Cayman Islands)
Professional Services
term loan first lien$21.6M$21.5M
100c
SOFR+400 bpJun 2, 2033
Brown & Settle, Inc.
Construction and Engineering
term loan first lien$21.3M$21.2M
102c
SOFR+650 bpMay 16, 2030
Freedom Bidco Limited (Ireland)
Software
delayed draw term loan first lien$20.8M$20.6M
100c
SOFR+628 bpDec 31, 2028
Modigent, LLC (Pueblo)
Commercial Services and Supplies
term loan first lien$20.5M$20.2M
101c
SOFR+525 bpAug 23, 2028
Express Wash Acquisition Company, LLC (Whistle)
Diversified Consumer Services
term loan first lien$21.5M$20.1M
94c
SOFR+625 bpApr 10, 2031
DTI Holdco, Inc. (Epiq)
Professional Services
term loan first lien$21.9M$20.1M
92c
SOFR+400 bpApr 26, 2029
Dragos, Inc.
Software
delayed draw term loan first lien$19.9M$20.0M
101c
SOFR+525 bpJun 30, 2030
RBS Buyer Inc.
Construction and Engineering
term loan first lien$19.2M$19.7M
104c
SOFR+475 bpJul 31, 2031
Engineering Research Holding LLC (Astrion, Inc.)
Aerospace and Defense
term loan first lien$22.7M$19.2M
86c
SOFR+500 bpAug 29, 2031
HP PHRG Borrower LLC
Diversified Financial Services
term loan first lien$19.1M$19.0M
100c
SOFR+400 bpFeb 20, 2032
GC Waves Holdings, Inc. (Mercer)
Diversified Financial Services
term loan first lien$18.8M$19.0M
101c
SOFR+450 bpOct 4, 2030
ABC Technologies Inc. (TI Automotive) (Canada)
Automobiles
term loan first lien$17.2M$18.6M
96c
EURIBOR+613 bpAug 22, 2031
Ensono Holdings, Inc.
IT Services
term loan first lien$18.8M$18.4M
99c
SOFR+411 bpMay 26, 2028
Avalon Borrower LLC (Gaming Labs)
Professional Services
term loan first lien$16.2M$18.3M
100c
EURIBOR+450 bpJun 18, 2033
Vensure Employer Services, Inc.
Professional Services
term loan first lien$17.8M$17.8M
100c
SOFR+500 bpSep 27, 2031
Bluefin Holding, LLC (Allvue)
Software
term loan first lien$17.6M$17.6M
101c
SOFR+425 bpSep 12, 2029
IvyRehab Intermediate II, LLC
Healthcare Providers and Services
delayed draw term loan first lien$17.8M$17.6M
101c
SOFR+510 bpApr 23, 2029
Oak Funding LLC
Diversified Financial Services
term loan first lien$17.4M$17.3M
100c
SOFR+450 bpDec 2, 2032
GI Consilio Parent LLC (Skopima Consilio Parent LLC)
Professional Services
term loan first lien$20.4M$17.0M
83c
SOFR+375 bpMay 12, 2028
Anthracite Buyer, Inc. (Coalfire)
IT Services
term loan first lien$17.2M$16.8M
98c
8.18%
PIK 4.50%
Dec 3, 2032
Deepl Se (Germany)
Software
term loan first lien$16.9M$16.7M
100c
SOFR+500 bpJun 26, 2030
Kid Distro Holdings, LLC
Media
term loan first lien$16.6M$16.4M
99c
SOFR+425 bpOct 1, 2029
Higginbotham Insurance Agency, Inc.
Insurance
term loan first lien$15.3M$15.3M
100c
SOFR+450 bpJun 11, 2031
TA TT Buyer, LLC (TouchTunes, Octave Music)
Commercial Services and Supplies
term loan first lien$16.6M$15.3M
92c
SOFR+475 bpApr 1, 2029
SitusAMC Holdings Corporation
Diversified Financial Services
term loan first lien$14.7M$14.7M
100c
SOFR+550 bpMay 14, 2031
Honey Intermediate, Inc. (iLobby) (Canada)
Software
term loan first lien$14.9M$14.6M
99c
9.89%
PIK 3.38%
Sep 30, 2030
EBS Parent Holdings Inc. (The Difference Card)
Insurance
term loan first lien$14.5M$14.5M
101c
SOFR+500 bpJul 1, 2032
Avalon Borrower LLC (Gaming Labs)
Professional Services
term loan first lien$14.6M$14.5M
100c
SOFR+450 bpJun 18, 2033
Applause App Quality, Inc.
Professional Services
term loan first lien$15.0M$14.0M
95c
SOFR+600 bpOct 24, 2029
IvyRehab Intermediate II, LLC
Healthcare Providers and Services
delayed draw term loan first lien$13.9M$13.9M
101c
SOFR+535 bpApr 23, 2029
Wealth Enhancement Group, LLC
Diversified Financial Services
delayed draw term loan first lien$13.9M$13.8M
100c
SOFR+425 bpOct 4, 2028
G-3 Apollo Acquisition Corp (Appriss
Software
term loan first lien$13.3M$13.4M
102c
SOFR+500 bpMar 10, 2031
Gympass US, LLC
Internet Software and Services
delayed draw term loan first lien$13.0M$13.0M
100c
10.26%
PIK 3.25%
Aug 29, 2029
Compsych Holdings Corp
Construction and Engineering
term loan first lien$12.9M$12.9M
100c
SOFR+475 bpJul 22, 2031
Onward Acquireco Inc (Onestream Inc)
Software
term loan first lien$13.0M$12.9M
100c
8.69%
PIK 2.68%
Apr 1, 2033
SumUp Holdings Luxembourg S.A.R.L. (Luxembourg)
Technology Hardware, Storage and Peripherals
delayed draw term loan first lien$12.8M$12.8M
100c
SOFR+550 bpApr 25, 2031
Alliant Holdings Intermediate, LLC
Insurance
term loan first lien$12.3M$12.1M
99c
SOFR+250 bpSep 19, 2031
Bullhorn, Inc.
Professional Services
delayed draw term loan first lien$12.1M$11.9M
98c
SOFR+500 bpSep 30, 2029
TL Voltron Purchaser, LLC (GES)
Media
term loan first lien$11.6M$11.3M
99c
SOFR+525 bpDec 31, 2030
GC Waves Holdings, Inc. (Mercer)
Diversified Financial Services
delayed draw term loan first lien$10.8M$11.1M
104c
SOFR+450 bpOct 4, 2030
Vortex Companies, LLC
Construction and Engineering
delayed draw term loan first lien$11.0M$11.0M
101c
SOFR+500 bpSep 4, 2029
Intercept Bidco, Inc.
IT Services
term loan first lien$11.2M$11.0M
100c
SOFR+575 bpJun 3, 2030
Civicplus LLC
Internet Software and Services
term loan first lien$10.9M$10.8M
100c
9.67%
PIK 2.75%
Aug 24, 2030
Community Merger Sub Debt LLC (CINC Systems)
Real Estate Management and Development
term loan first lien$10.1M$10.0M
100c
SOFR+525 bpJan 18, 2030
Bullhorn, Inc.
Professional Services
term loan first lien$10.3M$10.0M
98c
SOFR+500 bpOct 1, 2029
GC Champion Acquisition LLC (Numerix)
Diversified Financial Services
term loan first lien$10.0M$9.9M
99c
SOFR+500 bpAug 21, 2028
Integrity Marketing Acquisition, LLC
Insurance
term loan first lien$9.6M$9.6M
100c
SOFR+500 bpAug 25, 2028
Titan Home Improvement, LLC (Renuity)
Construction and Engineering
term loan first lien$9.5M$9.5M
101c
SOFR+475 bpMay 31, 2030
Spark Buyer, LLC (Sparkstone)
Electrical Equipment
term loan first lien$11.6M$9.4M
82c
SOFR+525 bpOct 15, 2031
IVXS UK Limited (ComplyAdvantage) (United Kingdom)
Software
term loan first lien$9.5M$9.3M
99c
SOFR+575 bpMay 19, 2029
Vortex Companies, LLC
Construction and Engineering
term loan first lien$9.0M$9.0M
101c
SOFR+500 bpSep 4, 2029
Crewline Buyer, Inc. (New Relic)
IT Services
term loan first lien$9.6M$8.9M
95c
SOFR+675 bpNov 8, 2030
FirstUp, Inc
Software
term loan first lien$9.8M$8.9M
92c
SOFR+675 bpJul 13, 2027
Trulite Holding Corp.
Building Products
term loan first lien$9.8M$8.8M
91c
SOFR+600 bpMar 1, 2030
GC Champion Acquisition LLC (Numerix)
Diversified Financial Services
term loan first lien$8.7M$8.6M
100c
SOFR+500 bpAug 21, 2028
Charter Next Generation, Inc. (fka Charter NEX US, Inc.)
Chemicals
term loan first lien$8.1M$8.1M
100c
SOFR+250 bpDec 1, 2030
Douglas Holdings, Inc (Docupace)
Software
term loan first lien$8.6M$8.1M
95c
SOFR+575 bpAug 27, 2030
e-Discovery AcquireCo, LLC (Reveal)
Internet Software and Services
term loan first lien$8.5M$7.9M
94c
SOFR+625 bpAug 23, 2029
Skydio, Inc
Aerospace and Defense
term loan first lien$7.8M$7.9M
101c
9.12%
PIK 2.75%
Dec 4, 2029
White Cap Supply Holdings, LLC
Trading Companies and Distributors
term loan first lien$7.8M$7.8M
100c
SOFR+325 bpOct 19, 2029
Sedgwick Claims Management Services, Inc. (Lightning Cayman Merger Sub, Ltd.)
IT Services
term loan first lien$7.6M$7.5M
99c
SOFR+250 bpJul 13, 2031
Truist Insurance Holdings, LLC
Insurance
term loan first lien$7.7M$7.5M
98c
SOFR+275 bpMay 6, 2031
Clearwater Analytics Holdings, Inc.
Software
term loan first lien$7.5M$7.4M
100c
SOFR+450 bpJun 27, 2033
Payroc, LLC
Diversified Financial Services
term loan first lien$7.5M$7.4M
100c
SOFR+475 bpNov 1, 2027
Secretariat Advisors LLC
Professional Services
term loan first lien$7.3M$7.1M
99c
SOFR+400 bpFeb 24, 2032
AI Aqua Merger Sub, Inc. (Osmosis Buyer) (United Kingdom)
Machinery
term loan first lien$7.1M$7.1M
100c
SOFR+250 bpJul 31, 2028
Trident Technologies LLC
IT Services
term loan first lien$7.3M$7.1M
97c
SOFR+450 bpFeb 6, 2032
CoreLogic, Inc. (fka First American Corporation)
Professional Services
term loan first lien$7.1M$7.0M
99c
SOFR+361 bpJun 2, 2028
Page 1 of 5Next
Registration
Fiscal year end
1231reported
Incorporated
DEreported
On the SEC BDC report
2022 to 2026reported
Filings listed
17reported10-Q and 10-K since 2022
Latest schedule
0001193125-26-338073reported