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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

BDC portfolio

N•• M••••••• G••••••• I• B••• L•••••

BDCnon-tradedCIK 1925531file 814-01528NEW YORK, NYmanaged by N•• M••••••• F•••••• A•••••••• L•••••
Fair value
$2.1B
as of Jun 30, 2026
Principal held
$2.5B
debt pieces, the filer's figure
Cost
$2.1B
99c on cost
Unfunded
n/a
commitments not yet drawn
Positions
445
140 borrowers
First lien
95%
99% debt by fair value
Quarters on the tape
15
since Dec 31, 2022
Facilities held
153
32 sponsors financed
Portfolio through time
Fair value by quarter end$2.1B as of Jun 30, 2026
Dec 31, 2022$123M then
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Jun 30, 2026$2.1B14099c26484 bp
Mar 31, 2026$2.0B13899c21493 bp
Dec 31, 2025$2.1B135100c17498 bp
Sep 30, 2025$1.6B126100c19500 bp
Jun 30, 2025$1.6B120100c17512 bp
Mar 31, 2025$1.6B114101c16518 bp
Dec 31, 2024$3.0B115101c27525 bp
Sep 30, 2024$1.2B109101c10537 bp
Jun 30, 2024$974M96101c11555 bp
Mar 31, 2024$696M84102c8584 bp
Dec 31, 2023$1.1B75102c14576 bp
Sep 30, 2023$349M59102c9570 bp
Jun 30, 2023$241M46101c7583 bp
Mar 31, 2023$192M37101c1618 bp
Dec 31, 2022$123M30100c1598 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
445 positions
BorrowerInstrumentPrincipalFair valueRateMaturity
A•••• A• B•••• P•• L••term loan first lien$740,000$-15,000
500c
Dec 1, 2028
M•• S••••••• L••term loan first lien$898,000$-15,000
375c
Feb 1, 2028
D•••• A••••••••• C•••••••••term loan first lien$1.3M$-15,000Jul 1, 2026
S••••• B••••••• H••••••• L••term loan first lien$2.7M$-17,000Dec 1, 2032
P••• C•••orationterm loan first lien$6.9M$-17,000Dec 1, 2028
P•••••• C•••••••••term loan first lien$1.5M$-18,000Oct 1, 2027
A•••• B••••••• 2025, Inc.term loan first lien$1.1M$-18,000
1800c
Oct 1, 2032
M••• B•••• L••term loan first lien$3.7M$-18,000
100c
Dec 1, 2031
P•••••••• C••••••••• M••••• I••.term loan first lien$3.8M$-19,000Jul 1, 2027
P•••••••• C••••••••• M••••• I••.term loan first lien$3.9M$-19,000Jul 1, 2027
B••••••• L••term loan first lien$807,000$-19,000
950c
Mar 1, 2032
D••••••• C•••••••••term loan first lien$759,000$-20,000
667c
Aug 1, 2030
P•••••• C•••••••••term loan first lien$1.6M$-20,000
182c
Oct 1, 2032
O••••••••• N•••• A•••••• Inc.term loan first lien$750,000$-20,000
667c
Oct 1, 2031
F••••• I••.term loan first lien$4.1M$-20,000Sep 1, 2028
M••• H•••••••• L••term loan first lien$1.0M$-21,000
525c
Jul 1, 2032
L•••••• H••••••••• H•••••• C••••••• L••term loan first lien$1.2M$-24,000
200c
Aug 1, 2030
V•••• B••••• I••.term loan first lien$1.3M$-28,000
400c
Jan 1, 2032
M••• B•••• L••term loan first lien$5.8M$-29,000Dec 1, 2027
M•••• N• I••.term loan first lien$3.5M$-29,000
223c
Jun 1, 2031
X••••• C•••••••••term loan first lien$538,000$-30,000Jul 1, 2027
D•••••• B••••term loan first lien$5.2M$-32,000Oct 1, 2029
S••••• B••••••• H••••••• L••term loan first lien$5.4M$-34,000Dec 1, 2027
N• T••••• L••term loan first lien$3.5M$-35,000
269c
Sep 1, 2031
O••••••••• L••term loan first lien$2.8M$-38,000Dec 1, 2028
B••••••• L••term loan first lien$1.8M$-41,000Oct 1, 2027
E•••••• B••••• I••.term loan first lien$2.9M$-43,000Sep 1, 2026
A••••••• I••.term loan first lien$2.5M$-48,000Jun 1, 2028
O••••••••• L••term loan first lien$3.5M$-48,000
436c
Dec 1, 2032
M••• H•••••••• L••term loan first lien$2.4M$-48,000Jul 1, 2027
L••••••••• B••••, Inc.term loan first lien$9.8M$-49,000Dec 1, 2028
B•••• T•••• A••••••• G••••• L•term loan first lien$3.2M$-51,000
319c
Jun 1, 2030
L••••••••• I••.term loan first lien$420,000$-65,000
1625c
Jul 1, 2029
R••••• B••••• L••term loan first lien$3.6M$-69,000
493c
Dec 1, 2031
B•••• P••••• H•••••••• I••.term loan first lien$2.1M$-70,000
1750c
Nov 1, 2030
i••••• I••.term loan first lien$1.2M$-73,000
730c
Aug 1, 2028
E••••••• P•••••• I••.term loan first lien$3.6M$-85,000
315c
Jan 1, 2031
D••••••••• A••••••••• I••.term loan first lien$2.7M$-108,000
1543c
Sep 1, 2032
V•••• B••••• I••.term loan first lien$5.2M$-111,000Feb 1, 2027
R••••• B••••• L••term loan first lien$7.3M$-139,000Dec 1, 2026
V•••• B••••• I••.term loan first lien$7.9M$-172,000Sep 1, 2027
P••••• C••• C••••••• L••term loan first lien$1.7M$-239,000
1406c
Nov 1, 2029
D••••••••• A••••••••• I••.term loan first lien$6.1M$-243,000Sep 1, 2027
FS W••••••••• Holdings, LLCterm loan first lienn/an/a
D•••••• B••••term loan first lien$28.5Mn/a
Page 5 of 5Previous
Registration
Fiscal year end
1231reported
Incorporated
DEreported
On the SEC BDC report
2022 to 2026reported
Filings listed
17reported10-Q and 10-K since 2022
Former names
New M••••••• G••••••• IV BDC L.L.C.reported
Latest schedule
0001925531-26-000014reported