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.
N••••• C•••••••• P•••••• C•••••• I••••• F•••
A non-traded business development company, managed by C•••••••• P••• A•••••• L••, holding $3.3B across 412 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
- $3.3B
- Borrowers
- 412
- Mark on cost
- 98.8¢
- First lien
- 93%
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
- $33.9Mon non-accrual, 3 borrowers
3 borrowers on non-accrual, $33.9M principal; the largest is I•••• I••••••••• I••••••••• H••••• I•• L•• ($18.2M).
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 I•••• I••••••••• I••••••••• H••••• I•• L•• → - $26.8Mnewly on non-accrual
2 borrowers newly placed on non-accrual in Q2 2026, $26.8M principal: I•••• I••••••••• I••••••••• H••••• I•• L•• ($18.2M), D••••• I••••••••• G•••• L•• ($8.54M).
Q2 2026 · The newest credit problems in the book.
- 12 below 80¢$57.8M principal
12 positions across 9 borrowers marked below 80¢ on cost, $57.8M principal.
Q2 2026 · Marks this low usually come before non-accrual or a restructuring.
Derivedeach position's fair value over cost, 30 Jun 2026 - 38 → 45loans paying in kind
Loans paying in kind rose from 38 to 45 positions in the quarter to Jun 30, 2026.
Q2 2026 · Borrowers paying interest in more debt rather than cash is an early sign of strain.
- 382 → 412borrowers
Added a net 30 borrowers in the quarter to Jun 30, 2026, to 412.
Q2 2026 · The book is turning over faster than usual.
Every headline figure, and the identifiersCIK 1911066 · file 814-01494ShowHide
Fair value
$3.3B
as of Jun 30, 2026
Principal held
$3.6B
debt pieces, the filer's figure
Cost
$3.3B
99c on cost, debt pieces
Unfunded
$383M
commitments not yet drawn
Positions
874
412 borrowers
First lien
93%
97% debt by fair value
Quarters on the tape
15
since Dec 31, 2022
Facilities held
610
64 sponsors financed
Portfolio through time
Fair value by quarter end$3.3B as of Jun 30, 2026
Dec 31, 2022$350M then
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2026 | $3.3B | 412 | 99c | 45 | 443 bp |
| Mar 31, 2026 | $2.4B | 382 | 99c | 38 | 440 bp |
| Dec 31, 2025 | $2.2B | 383 | 100c | 38 | 447 bp |
| Sep 30, 2025 | $2.0B | 343 | 99c | 22 | 454 bp |
All 15 quartersShow fewer
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2025 | $2.0B | 327 | 99c | 27 | 461 bp |
| Mar 31, 2025 | $1.9B | 316 | 99c | 28 | 463 bp |
| Dec 31, 2024 | $3.4B | 356 | 100c | 53 | 469 bp |
| Sep 30, 2024 | $1.1B | 240 | 99c | 22 | 469 bp |
| Jun 30, 2024 | $946M | 243 | 99c | 19 | 466 bp |
| Mar 31, 2024 | $634M | 213 | 99c | 19 | 485 bp |
| Dec 31, 2023 | $523M | 268 | 99c | 15 | 524 bp |
| Sep 30, 2023 | $446M | 159 | 99c | 12 | 494 bp |
| Jun 30, 2023 | $390M | 93 | 98c | 10 | 581 bp |
| Mar 31, 2023 | $378M | 83 | 99c | 10 | 581 bp |
| Dec 31, 2022 | $350M | 122 | 99c | 10 | 566 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
- Placed on non-accrualJun 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
- 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
- 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
Largest facilities held, with co-lenders
- A•••••• I•• first lien term loan2 BDCs hold it · matures Feb 3, 2032$34.1M 100c
- H••••• M••••••••• A••••••••• first lien term loan3 BDCs hold it · matures Mar 30, 2029$32.6M 100c
- C••••••••• B••••••• C••• first lien term loan2 BDCs hold it · matures Sep 25, 2029$31.9M 100c
- A••• B••••• L•• first lien term loan4 BDCs hold it · matures Feb 18, 2033$31.0M 101c
- L••••• S•••••• P•••••••• L•• first lien term loan6 BDCs hold it · matures Feb 17, 2033$29.3M 100c
- R•••• I••••••••• H•••••• C••••••• L•• first lien term loan2 BDCs hold it · matures Apr 4, 2029$29.0M 99c
- H••••••••• B••••• L•• first lien term loan7 BDCs hold it · matures Oct 16, 2030$28.6M 100c
- L•• C••••••••• first lien term loan2 BDCs hold it · matures Dec 17, 2027$26.6M 100c
- R•••• L••••• I•• first lien term loan2 BDCs hold it · matures Feb 6, 2032$26.1M 100c
- E••••••• I•• first lien term loan4 BDCs hold it · matures Jun 1, 2027$25.6M 99c
- F•••• E••••••••• B••••••• L•• first lien term loan3 BDCs hold it · matures Oct 21, 2032$25.6M 97c
- A• C•••••• A••••••••• C••••••••• first lien term loan10 BDCs hold it · matures Jul 2, 2031$25.5M 99c
Schedule of investments at Dec 31, 2025
821 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| A••••••• L•• •••••••• P••••••• a•• E••••••••• | subordinated debt unsecured or subordinated | $1.0M | $899,000 86c | PIK 15.00% | Sep 30, 2027 |
| E••••• B••••• A••••••••• I••• •••••••• E••••••••• | equity equity | Not disclosed | $899,000 104c | ||
| E••••• H••••••• P••••••••• L••• ••••••••• G••••• I•••• | unstated lien unstated | Not disclosed | $887,000 88c | ||
| E••••• H••••••• p••••••••• L••• ••••••••• G••••• I•••• | equity equity | Not disclosed | $887,000 88c | ||
| P••••••• A••••••••• I••• ••••••• | delayed draw term loan first lien | $924,000 | $885,000 99c | S+575 bp | Sep 18, 2029 |
| A• C•••••• A••••••••• C••••••••• •••••• B••••••• C••••••• | delayed draw term loan first lien | $2.5M | $881,000 98c | S+525 bp | Jul 2, 2031 |
| G••••••• T••• H••••••• | equity equity | Not disclosed | $854,000 99c | ||
| N•••• I• H••••••• I• L••• | equity equity | Not disclosed | $854,000 100c | ||
| M•••• L•• A••••••••• L• | equity equity | Not disclosed | $839,000 98c | ||
| O•••••• H•••••••• I•• | term loan first lien | $830,000 | $829,000 101c | S+500 bp | Feb 4, 2030 |
| S••••• I••••••••• S••••••• I••••••••• L•• | delayed draw term loan first lien | $3.5M | $829,000 90c | S+500 bp | Jul 21, 2028 |
| M••••••• P••••••• Q• C••••••••• L••• ••••••••• | equity equity | Not disclosed | $821,000 84c | ||
| S••••••• C••••••••• L•• ••• H•••••••• L••• | equity equity | Not disclosed | $802,000 150c | ||
| C••••••• D•••••• C•••••••• L••• | unstated lien unstated | Not disclosed | $802,000 100c | ||
| A••• G•• | term loan first lien | $792,000 | $796,000 101c | S+250 bp | Jul 25, 2031 |
| E•• I••••••••• L•• ••• P••••••••• | delayed draw term loan first lien | $786,000 | $787,000 100c | S+475 bp | Jul 25, 2030 |
| I•••••• S•••••••• L•• | term loan first lien | $799,000 | $781,000 98c | S+225 bp | Sep 20, 2030 |
| K••• A••••••••• I••• ••• E••••••• | delayed draw term loan first lien | $777,000 | $773,000 101c | S+475 bp | Feb 7, 2031 |
| N••• H•••••••• L•• | equity equity | Not disclosed | $765,000 116c | ||
| E•• I••••••••• L•• ••• P••••••••• | term loan first lien | $734,000 | $736,000 101c | S+475 bp | Jul 25, 2030 |
| H••••• C••••••••• L• | equity equity | Not disclosed | $729,000 142c | ||
| R•••••• H•••••• C••••••••• | term loan first lien | $718,000 | $720,000 100c | S+225 bp | Jan 15, 2031 |
| F•• H••••••• L•• | equity equity | Not disclosed | $703,000 100c | ||
| N•••••• B••••••••• I••• | term loan first lien | $700,000 | $703,000 101c | S+250 bp | Feb 16, 2032 |
| S•••••• H••••• I•• B••• | term loan first lien | $700,000 | $703,000 101c | S+250 bp | Feb 16, 2032 |
| L••••••••• P••••• H••••••• L•• | equity equity | Not disclosed | $700,000 100c | ||
| Q•• B••••••• P•••••••• I••• | term loan first lien | $688,000 | $691,000 101c | S+200 bp | Apr 30, 2032 |
| G••••••• S••••• | term loan first lien | $695,000 | $686,000 99c | S+300 bp | Jun 17, 2031 |
| G••••••••• C•••••• N•••• C•••••••• L• •••••••• | equity equity | Not disclosed | $680,000 118c | ||
| E••••• B••••• A••••••••• I••• •••••••• E••••••••• | subordinated debt unsecured or subordinated | $700,000 | $677,000 98c | S+900 bp PIK 4.00% | Jan 28, 2030 |
| B•• O••• I••• | delayed draw term loan first lien | $655,000 | $655,000 100c | S+450 bp | Nov 17, 2027 |
| I•••• C••••••••• •••••• 3•• I••• | term loan first lien | $643,000 | $638,000 100c | S+350 bp | Mar 27, 2032 |
| U••• P••••• L•• ••• W••••• | equity equity | Not disclosed | $631,000 149c | ||
| N•• S••••••• H••••••• L•• | term loan first lien | $642,000 | $629,000 98c | S+100 bp PIK 4.25% | Sep 30, 2030 |
| T•••••• E••••• S••••••••• I••• | subordinated debt unsecured or subordinated | $628,000 | $627,000 102c | S+950 bp | Mar 1, 2029 |
| A•• G•••• H•••••••• I••• | delayed draw term loan first lien | $629,000 | $623,000 100c | S+450 bp | Dec 23, 2030 |
| L•• C••••••••• •••• M••••• S••• I•••• | term loan first lien | $618,000 | $615,000 100c | S+525 bp | Dec 17, 2027 |
| T•• B••••• L•• ••••••••• S••••• S•••••••• | delayed draw term loan first lien | $611,000 | $611,000 100c | S+550 bp | Jun 22, 2029 |
| C••••• S•••••••• A••••••••• I••• | term loan first lien | $609,000 | $604,000 100c | S+500 bp | Aug 7, 2031 |
| K••• A••••••••• I••• ••• E••••••• | term loan first lien | $599,000 | $596,000 100c | S+475 bp | Feb 7, 2031 |
| T• V•••••• T••••• L••• | equity equity | Not disclosed | $592,000 118c | ||
| U••••• | term loan first lien | $589,000 | $592,000 101c | S+350 bp | Sep 30, 2031 |
| A••••• A••••••••• L•• ••••••••• | delayed draw term loan first lien | $864,000 | $576,000 100c | S+475 bp | Oct 8, 2029 |
| F••••••••• H•••••••• L•• ••••••••• | preferred equity equity | Not disclosed | $555,000 93c | ||
| C•••••• E••••• C••• | term loan first lien | $548,000 | $550,000 101c | S+225 bp | Nov 30, 2028 |
| A•• S••• R••••••••• L•••••• L•• ••• S••• H••••••••• S••••••••• | term loan first lien | $548,000 | $548,000 101c | S+550 bp | May 1, 2030 |
| M••••• C••••••••• A••••••• I••• | delayed draw term loan first lien | $4.5M | $546,000 96c | S+475 bp | Oct 16, 2029 |
| E••••• B••••• A••••••••• I••• •••••••• E••••••••• | delayed draw term loan unsecured or subordinated | $535,000 | $517,000 98c | S+900 bp PIK 4.00% | Jan 28, 2030 |
| F••••••••• H•••••••• L•• ••••••••• | preferred equity equity | Not disclosed | $515,000 132c | ||
| P••• I••••••• H•••••• C•••• | term loan first lien | $510,000 | $512,000 101c | S+275 bp | Nov 15, 2032 |
| J•••••• C••••••• I•• ••• P•••• S••••••••• | term loan first lien | $499,000 | $502,000 101c | S+275 bp | Jan 28, 2032 |
| B••••••••• I••• | delayed draw term loan first lien | $488,000 | $488,000 100c | S+475 bp | Aug 2, 2029 |
| A••• B••••• L•• | delayed draw term loan first lien | $2.1M | $486,000 98c | S+425 bp | Jan 23, 2032 |
| E•• I••••••••• L•• ••• P••••••••• | delayed draw term loan first lien | $1.0M | $481,000 101c | S+475 bp | Jul 25, 2030 |
| S••• B••••• I••• | delayed draw term loan first lien | $2.7M | $477,000 115c | S+475 bp | Mar 28, 2031 |
| S•••••••• F•••••••• H••••••• L• | equity equity | Not disclosed | $471,000 115c | ||
| M•• B•••• L•• | delayed draw term loan first lien | $1.9M | $462,000 100c | S+425 bp | Jun 29, 2029 |
| T•• W•••••••• H•••••••• L•• | term loan first lien | $460,000 | $462,000 101c | S+200 bp | Nov 21, 2031 |
| M•••••• S••••• • F••• L•• | term loan first lien | $446,000 | $450,000 101c | S+250 bp | Sep 26, 2031 |
| P••••••••• T••••••••• | term loan first lien | $447,000 | $448,000 100c | S+275 bp | Nov 3, 2031 |
| C•• T••••••• P••••••• I• L• ••••••• I••••••••• I•••• | equity equity | Not disclosed | $438,000 114c | ||
| C• H•••••• L•• ••••• V••••••••• | subordinated debt unsecured or subordinated | $444,000 | $430,000 97c | 11.00% | Mar 31, 2028 |
| C••• A••••••••• H•••••••• L• ••••••••• A•• C••••••••• L•••••• | unstated lien unstated | Not disclosed | $419,000 76c | ||
| I••••• P••••• C••••••••• •••••• E••••••••• G••••• | term loan first lien | $417,000 | $415,000 101c | S+525 bp | Mar 23, 2029 |
| L•••• G••••• I••• | delayed draw term loan first lien | $650,000 | $400,000 99c | S+500 bp | Oct 10, 2029 |
| N•• S••••••• H••••••• L•• | term loan first lien | $383,000 | $383,000 102c | S+700 bp | Mar 31, 2030 |
| A•• G•• H•••••••• L• | equity equity | Not disclosed | $377,000 100c | ||
| P•••• S••••••• S••••••• B•••••••• L•• • F•••• L••• D••• | term loan first lien | $374,000 | $374,000 101c | S+175 bp | Mar 7, 2032 |
| M•• G•••• H••••••••• | equity equity | Not disclosed | $367,000 100c | ||
| O••••••••• P••••••• C•••••••• I•• L• ••••••• F••••••• | equity equity | Not disclosed | $365,000 140c | ||
| N••••• L••• L••• | term loan first lien | $359,000 | $360,000 100c | S+175 bp | Sep 12, 2029 |
| P• T•••• L••• | equity equity | Not disclosed | $358,000 104c | ||
| H•• E•••••• L• •••••• M••••••••• A••••••••• | unstated lien unstated | Not disclosed | $330,000 93c | ||
| P••••••••• I••••••• B••••• I••• | delayed draw term loan first lien | $314,000 | $314,000 100c | S+600 bp | Sep 1, 2027 |
| B••••••••• I••• | term loan first lien | $299,000 | $299,000 100c | S+475 bp | Aug 2, 2029 |
| A••• S•••••• P•••••••• L•• | revolver lien unstated | $1.1M | $294,000 105c | S+500 bp | Oct 24, 2029 |
| U••••• H••••• H•••••••• L•• | preferred equity equity | Not disclosed | $291,000 224c | ||
| S•••• P•• F• I••••••• L•• ••••• F••••• | equity equity | Not disclosed | $284,000 142c | ||
| V•••••• B••••• L•• •••••••• | delayed draw term loan first lien | $1.6M | $284,000 100c | S+525 bp | Mar 1, 2030 |
| K••• C•••••••• H•••••••• L••• •••••••• | equity equity | Not disclosed | $279,000 140c | ||
| R•••• T•••• U• B••••• I••• ••••••• I•• | revolver lien unstated | $1.1M | $278,000 100c | S+450 bp | Mar 31, 2031 |
| M••••• C••••••• L• ••••••• I••••••••• L••• | equity equity | Not disclosed | $276,000 138c | ||
| C•• R•• P••••••• I•• L• ••• C••••••••• L••• | equity equity | Not disclosed | $271,000 253c | ||
| G••• E••••• I••••••••• L• ••••••• D••••••••• S•••••••• | unstated lien unstated | Not disclosed | $271,000 85c | ||
| T•• B••••• L•• | revolver lien unstated | $1.7M | $270,000 104c | S+475 bp | Feb 2, 2032 |
| O••••• L••••• G••••• L•• | delayed draw term loan first lien | $541,000 | $270,000 101c | S+475 bp | Dec 19, 2029 |
| L••••• P••••• H•••••••• L•• •••••• S•••••• P•••••••• | equity equity | Not disclosed | $262,000 134c | ||
| O••••• P••••••••• L•• | subordinated debt unsecured or subordinated | $277,000 | $258,000 95c | PIK 13.00% | Jan 6, 2029 |
| O•• G•••••• A••••••••• L• ••••••• F••••••• | equity equity | Not disclosed | $257,000 144c | ||
| V•• S•••••••• M•••••• H••••••• L•• | equity equity | Not disclosed | $231,000 100c | ||
| T•••••• B••••• L•• ••••••• M•••••••• | delayed draw term loan first lien | $1.1M | $230,000 102c | S+500 bp | Jan 31, 2029 |
| E••••••• G••••• L•• | delayed draw term loan first lien | $227,000 | $223,000 98c | S+575 bp | Apr 14, 2028 |
| I••••• P••••• C••••••••• •••••• E••••••••• G••••• | delayed draw term loan first lien | $282,000 | $197,000 100c | S+525 bp | Mar 23, 2029 |
| B••••••••• H•••••• L•• | preferred equity equity | Not disclosed | $194,000 30c | ||
| C•••• A•••••••• L•• | delayed draw term loan first lien | Not disclosed | $190,000 110c | S+450 bp | Dec 31, 2031 |
| W•• F•••••• A••••••••• B• L•• ••••• E•••• | preferred equity equity | Not disclosed | $177,000 38c | ||
| G•• H•• H•••••••• L•• | equity equity | Not disclosed | $172,000 100c | ||
| V•• T••••• C•••••••• A••••••••• L• ••••••• | unstated lien unstated | Not disclosed | $169,000 85c | ||
| N•• • J• L••• ••• F••••••••• G••••• | delayed draw term loan first lien | $171,000 | $169,000 99c | S+575 bp | Nov 30, 2027 |
| S•••• W•••• | equity equity | Not disclosed | $163,000 129c |
Registration
- Fiscal year end
- 1231reported
- Incorporated
- unknownreported
- On the SEC BDC report
- 2022 to 2026reported
- Filings listed
- 17reported10-Q and 10-K since 2022
- Latest schedule
- 0001628280-26-055912reported