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.
D••••••• C••••• C•
A non-traded business development company, managed by D••••••• P•••••••• F•••••• L••, holding $2.8B across 79 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
- $2.8B
- Borrowers
- 79
- Mark on cost
- 99.6¢
- 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
- 4 below 80¢$4.03M principal
4 positions across 4 borrowers marked below 80¢ on cost, $4.03M principal.
Q2 2026 · Marks this low usually come before non-accrual or a restructuring.
Derivedeach position's fair value over cost, 30 Jun 2026 - $1.7B → $2.8Bfair value, 4 quarters
Its portfolio grew 66% at fair value over the last four quarters.
Q2 2026 · A fast-growing book is deploying new capital.
Every headline figure, and the identifiersCIK 1916099 · file 814-01510ShowHide
Fair value
$2.8B
as of Jun 30, 2026
Principal held
$2.6B
debt pieces, the filer's figure
Cost
$2.8B
100c on cost, debt pieces
Unfunded
$483M
commitments not yet drawn
Positions
261
79 borrowers
First lien
91%
92% debt by fair value
Quarters on the tape
10
since Mar 31, 2024
Facilities held
177
6 sponsors financed
Portfolio through time
Fair value by quarter end$2.8B as of Jun 30, 2026
Mar 31, 2024$669M then
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2026 | $2.8B | 79 | 100c | 7 | 502 bp |
| Mar 31, 2026 | $2.8B | 77 | 100c | 9 | 499 bp |
| Dec 31, 2025 | $2.8B | 73 | 100c | 6 | 502 bp |
| Sep 30, 2025 | $2.3B | 67 | 101c | 6 | 514 bp |
All 10 quartersShow fewer
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2025 | $1.7B | 51 | 101c | 5 | 512 bp |
| Mar 31, 2025 | $7.8B | 46 | 101c | 8 | 510 bp |
| Dec 31, 2024 | $6.2B | 42 | 101c | 4 | 512 bp |
| Sep 30, 2024 | $3.2B | 30 | 101c | 3 | 539 bp |
| Jun 30, 2024 | $1.7B | 19 | 101c | 0 | 568 bp |
| Mar 31, 2024 | $669M | 14 | 100c | 0 | 593 bp |
Sponsors financed
No borrower on this schedule has a sponsor attribution yet.
What changed
- New borrower on a BDC scheduleJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
Full timeline · 20 eventsShow fewer
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Spread increasedJun 30, 2026
- Spread increasedJun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- New borrower on a BDC scheduleJun 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 borrower on a BDC scheduleMar 31, 2026
- Lender left a facilityMar 31, 2026
- New borrower on a BDC scheduleMar 31, 2026
- New borrower on a BDC scheduleMar 31, 2026
- New borrower on a BDC scheduleMar 31, 2026
Largest facilities held, with co-lenders
- D•••••••• D••••• H••••••• L•• first lien term loan24 BDCs hold it · matures Sep 13, 2032$93.0M 99c
- D• G•••• S•••• first lien term loan1 BDC hold it · matures Jul 24, 2032$80.8M 99c
- R••••• B••••• I•• first lien term loan5 BDCs hold it · matures Oct 28, 2031$74.7M 101c
- B•• M••••••• I•• first lien term loan6 BDCs hold it · matures Mar 31, 2032$70.7M 92c
- R•• C••••••••• first lien term loan6 BDCs hold it · matures Aug 2, 2030$64.5M 101c
- D••••• M•••• 2• L•• first lien term loan23 BDCs hold it · matures Aug 26, 2032$63.3M 98c
- G••• A••••••• P•••••••• L•• first lien term loan1 BDC hold it · matures Jul 1, 2032$61.0M 97c
- B•• U•• first lien term loan6 BDCs hold it · matures Aug 31, 2028$55.8M 101c
- R••• D•••••••• • S••• C•••••• first lien term loan1 BDC hold it · matures Aug 8, 2029$54.8M 100c
- V••••••• R••••• B•••••• L•• first lien term loan7 BDCs hold it · matures May 31, 2032$54.5M 100c
- P•••••• H••••••• S•••••• first lien term loan1 BDC hold it · matures Nov 4, 2030$52.5M 101c
- S• A••••••••• I•• first lien term loan4 BDCs hold it · matures Apr 3, 2030$49.7M 100c
Schedule of investments at Mar 31, 2024
55 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| I••••••••• N••••••••• | unstated lien unstated | $170M | $167M 100c | ||
| I••••••••• N••••••••• F•••• L••• D••• | term loan first lien | $170M | $167M 100c | ||
| K•••• I••••••••• L•• C••••••••• & E••••••••• | term loan first lien | $37.0M | $36.3M 100c | S+650 bp | May 17, 2027 |
| I••••••••• N••••••••• F•••• L••• D••• C••••••••• • E•••••••• C••••••••• & E••••••••• | term loan first lien | $37.0M | $36.1M 100c | ||
| I••••••••• N••••••••• F•••• L••• D••• S••••••• S••••••• | term loan first lien | $27.9M | $27.4M 101c | ||
| I••••••••• N••••••••• F•••• L••• D••• H•••••• R••••••••• • L H•••••, R••••••••• & L•••••• | term loan first lien | $25.1M | $24.7M 100c | ||
| E•••••• H•••••••• I••• H•••••, R••••••••• & L•••••• | term loan first lien | $25.1M | $24.7M 100c | S+825 bp | Mar 8, 2029 |
| I••••••••• N••••••••• F•••• L••• D••• C••••••••• S••••••• • C••••••••• S••••••s & S••••••• | term loan first lien | $18.7M | $18.3M 100c | ||
| E•••••• H•••••••• I••• S••••••• | term loan first lien | $16.0M | $15.9M 101c | S+550 bp | Dec 24, 2029 |
| N•••••• H•••••••• I••• A••••••••• | term loan first lien | $15.0M | $14.8M 100c | 10.00% | Sep 30, 2026 |
| I••••••••• N••••••••• F•••• L••• D••• A••••••••• A••••••••• | term loan first lien | $15.0M | $14.8M 100c | ||
| I••••••••• N••••••••• F•••• L••• D••• I••••••••• M•••• • S•• I••••••••• M•••• & S••••••s | term loan first lien | $15.0M | $14.8M 100c | ||
| A••••• B•••• I••• I••••••••• M•••• & S••••••s | term loan first lien | $15.0M | $14.8M 100c | S+550 bp | Dec 6, 2027 |
| B•• U••• P••• Financial S••••••s | term loan first lien | $14.7M | $14.6M 101c | S+600 bp | Aug 31, 2028 |
| I••••••••• N••••••••• F•••• L••• D••• F•••••••• S••••••• Financial S••••••s | term loan first lien | $14.7M | $14.6M 101c | ||
| H••••• S•••••••• I••• S••••••• | term loan first lien | $11.9M | $11.9M 101c | S+600 bp | Sep 19, 2030 |
| I••••••••• N••••••••• F•••• L••• D••• I•••••••• I•••••••• | term loan first lien | $11.5M | $11.1M 101c | ||
| A•••••••• S••••••••• I••• I•••••••• | term loan first lien | $9.0M | $8.9M 100c | S+575 bp | Mar 15, 2030 |
| A••••• P••••• L•• C••••••••• S••••••s & S••••••• | term loan first lien | $7.8M | $7.8M 101c | S+575 bp | Dec 5, 2030 |
| O•• S••••• S••••• L•• C••••••••• S••••••s & S••••••• | term loan first lien | $7.0M | $6.9M 100c | S+600 bp | Dec 18, 2028 |
| N••• H•••••• L•• H••••• C••• T••••••••• | term loan first lien | $5.5M | $5.5M 100c | S+600 bp | Nov 11, 2030 |
| I••••••••• N••••••••• F•••• L••• D••• H••••• C••• T••••••••• H••••• C••• T••••••••• | term loan first lien | $5.5M | $5.5M 101c | ||
| O•• S••••• S••••• L•• C••••••••• S••••••s & S••••••• | delayed draw term loan first lien | $3.8M | $3.7M 100c | S+600 bp | Dec 18, 2028 |
| P•••••• G••••• I•••••••• S•••••••• L•• I•••••••• | delayed draw term loan first lien | $2.0M | $2.0M 105c | S+575 bp | Oct 14, 2028 |
| A•••••••• S••••••••• I••• I•••••••• | revolver first lien | $543,000 | $533,000 100c | S+575 bp | Mar 15, 2030 |
| N••• H•••••• L•• H••••• C••• T••••••••• | delayed draw term loan first lien | Not disclosed | -$1,000 13c | S+600 bp | Nov 11, 2030 |
| H••••• S•••••••• I••• S••••••• | revolver first lien | Not disclosed | -$1,000 14c | S+600 bp | Sep 19, 2029 |
| N••• H•••••• L•• H••••• C••• T••••••••• | revolver first lien | Not disclosed | -$4,000 57c | S+600 bp | Nov 9, 2029 |
| E•••••• H•••••••• I••• S••••••• | revolver first lien | Not disclosed | -$5,000 29c | S+550 bp | Dec 24, 2029 |
| A••••• P••••• L•• C••••••••• S••••••s & S••••••• | revolver first lien | Not disclosed | -$7,000 50c | S+575 bp | Dec 5, 2029 |
| O•• S••••• S••••• L•• C••••••••• S••••••s & S••••••• | revolver first lien | Not disclosed | -$32,000 107c | S+600 bp | Dec 18, 2028 |
| K•••• I••••••••• L•• C••••••••• & E••••••••• | delayed draw term loan first lien | Not disclosed | -$78,000 100c | S+650 bp | May 17, 2027 |
| K•••• I••••••••• L•• C••••••••• & E••••••••• | revolver first lien | Not disclosed | -$142,000 100c | S+650 bp | May 17, 2027 |
| A•••••••• S••••••••• I••• I•••••••• | delayed draw term loan first lien | Not disclosed | -$148,000 100c | S+575 bp | Mar 15, 2030 |
| H••••••••• I•••••••• A•••••• I••• I•••••••• | delayed draw term loan first lien | Not disclosed | -$150,000 100c | S+475 bp | Nov 24, 2028 |
| R••••••••• P•••••• L•• S••••••• | delayed draw term loan first lien | Not disclosed | -$393,000 100c | S+550 bp | Feb 28, 2031 |
| R••••••••• P•••••• L•• | delayed draw term loan lien unstated | Not disclosed | Not disclosed | ||
| E•••••• H•••••••• I••• | revolver lien unstated | Not disclosed | Not disclosed | ||
| H••••• S•••••••• I••• | revolver lien unstated | Not disclosed | Not disclosed | ||
| H••••••••• I•••••••• A•••••• I••• | delayed draw term loan lien unstated | Not disclosed | Not disclosed | ||
| N••• H•••••• L•• | delayed draw term loan lien unstated | Not disclosed | Not disclosed | ||
| N••• H•••••• L•• | revolver lien unstated | Not disclosed | Not disclosed | ||
| K•••• I••••••••• L•• | delayed draw term loan lien unstated | Not disclosed | Not disclosed | ||
| E•••••• H•••••••• I••• | delayed draw term loan lien unstated | Not disclosed | Not disclosed | ||
| A•••••••• S••••••••• I••• | revolver lien unstated | Not disclosed | Not disclosed | ||
| K•••• I••••••••• L•• | revolver lien unstated | Not disclosed | Not disclosed | ||
| O•• S••••• S••••• L•• | delayed draw term loan lien unstated | Not disclosed | Not disclosed | ||
| P•••••• G••••• I•••••••• S•••••••• L•• | delayed draw term loan lien unstated | Not disclosed | Not disclosed | ||
| A••••• P••••• L•• | revolver lien unstated | Not disclosed | Not disclosed | ||
| A••••• P••••• L•• C••••••••• S••••••s & S••••••• | delayed draw term loan first lien | Not disclosed | Not disclosed n/a | S+575 bp | Dec 5, 2030 |
| E•••••• H•••••••• I••• S••••••• | delayed draw term loan first lien | Not disclosed | Not disclosed n/a | S+550 bp | Dec 24, 2029 |
| A••••• P••••• L•• | delayed draw term loan lien unstated | Not disclosed | Not disclosed | ||
| O•• S••••• S••••• L•• | revolver lien unstated | Not disclosed | Not disclosed | ||
| A•••••••• S••••••••• I••• | delayed draw term loan lien unstated | Not disclosed | Not disclosed | ||
| T•••• U••••••• C••••••••• | unstated lien unstated | Not disclosed | Not disclosed |
Page 1 of 1
Registration
- Fiscal year end
- 1231reported
- Incorporated
- DEreported
- On the SEC BDC report
- 2022 to 2023reported
- Filings listed
- 10reported10-Q and 10-K since 2022
- Latest schedule
- 0001193125-26-342470reported