DFX Intelligence

Private Credit Intelligence

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

P•••••• S••••• B•• L••

BDCnon-tradedCIK 1948368file 814-01579NEW YORK, NYmanaged by G•••••• S•••• A•••• M••••••••• L••

Fair value

$987M

as of Jun 30, 2026

Principal held

$1.2B

debt pieces, the filer's figure

Cost

$995M

99c on cost

Unfunded

n/a

commitments not yet drawn

Positions

291

99 borrowers

First lien

100%

100% debt by fair value

Quarters on the tape

since Dec 31, 2022

Facilities held

103

28 sponsors financed

Portfolio through time

Fair value by quarter end$987M as of Jun 30, 2026

Oct 5, 2022$0 then

Quarter	Fair value	Borrowers	On cost	PIK pos.	Avg spread
Jun 30, 2026	$987M	99	99c	15	506 bp
Mar 31, 2026	$927M	99	99c	11	504 bp
Dec 31, 2025	$912M	99	100c	12	507 bp
Sep 30, 2025	$763M	88	100c	7	518 bp
Jun 30, 2025	$710M	80	100c	8	541 bp
Mar 31, 2025	$4.1B	75	100c	11	553 bp
Dec 31, 2024	$3.7B	69	100c	8	565 bp
Sep 30, 2024	$2.8B	65	100c	7	570 bp
Jun 30, 2024	$2.0B	48	100c	1	608 bp
Mar 31, 2024	$1.2B	36	101c	3	641 bp
Dec 31, 2023	$1.1B	33	100c	3	657 bp
Sep 30, 2023	$499M	21	100c	7	684 bp
Jun 30, 2023	n/a	12	n/a	0	n/a
Mar 31, 2023	n/a	5	n/a	0	n/a
Dec 31, 2022	$530M	5	100c	0	707 bp
Oct 5, 2022	$0	1	n/a	0	n/a

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

Spread increasedJun 30, 2026
P•••••• S••••• B•• L••: spread increased in N••• I••••••••• I•• (5.50% to 7.50%)
PIK interest appearsJun 30, 2026
P•••••• S••••• B•• L••: pik added in O••••• A••••••••• I•• (0.00% to 2.68%)
Maturity extended (observed)Jun 30, 2026
P•••••• S••••• B•• L••: maturity extended in B•••••• P•••••• C• (2031-03-19 to 2031-06-30)
Maturity extended (observed)Jun 30, 2026
P•••••• S••••• B•• L••: maturity extended in S••••• A••••••••• I•• (2031-06-02 to 2032-10-25)
New borrower on a BDC scheduleMar 31, 2026
A••••••• C•••••• T••••••••• I•• first appears in a BDC schedule (3 lenders)
New lender joined a facilityMar 31, 2026
P•••••• S••••• B•• L•• joins I••••••••• D••• I••••••••• • 1••••• U••••• S••••• • 1••••• term loan (first lien) held by 1 other BDC
Spread increasedMar 31, 2026
P•••••• S••••• B•• L••: spread increased in E••••••••• I•• (6.50% to 7.25%)
Spread increasedMar 31, 2026
P•••••• S••••• B•• L••: spread increased in U•• B•••• L•• (4.50% to 5.00%)
PIK interest appearsMar 31, 2026
P•••••• S••••• B•• L••: pik added in U•• B•••• L•• (0.00% to 2.75%)
Maturity extended (observed)Mar 31, 2026
P•••••• S••••• B•• L••: maturity extended in A• S••••••• (2031-07-24 to 2033-07-24)
New lender joined a facilityDec 31, 2025
P•••••• S••••• B•• L•• joins K••• A••••••••• I•• term loan (first lien) held by 15 other BDCs
Lender left a facilityDec 31, 2025
P•••••• S••••• B•• L•• no longer holds K••• A••••••••• I•• term loan after 2025-12-31; 3 BDC(s) still hold it
New lender joined a facilityDec 31, 2025
P•••••• S••••• B•• L•• joins B••••••••• I•• term loan (first lien) held by 14 other BDCs
New lender joined a facilityDec 31, 2025
P•••••• S••••• B•• L•• joins A•••• B•••• H•••••••• I•• term loan (first lien) held by 4 other BDCs
New lender joined a facilityDec 31, 2025
P•••••• S••••• B•• L•• joins S••••••• G•••• H•••••••• I•• term loan (first lien) held by 8 other BDCs
New lender joined a facilityDec 31, 2025
P•••••• S••••• B•• L•• joins e••••••••• L•• term loan (first lien) held by 14 other BDCs
Lender left a facilityDec 31, 2025
P•••••• S••••• B•• L•• no longer holds T•••••• I• H•••••••• L•• term loan after 2025-12-31; 1 BDC(s) still hold it
Lender left a facilityDec 31, 2025
P•••••• S••••• B•• L•• no longer holds O••• C••••••••• I•• term loan after 2025-12-31; 1 BDC(s) still hold it
New lender joined a facilityDec 31, 2025
P•••••• S••••• B•• L•• joins P••••••••• T••••• LLC term loan (first lien) held by 2 other BDCs
Marked down (one lender)Dec 31, 2025
P•••••• S••••• B•• L••: fair value markdown in T• R••••••••• G•••• L•• (94 to 84 cents on cost)

Every position change, including routine ones

Largest facilities held, with co-lenders

K• T••••• I••• L•• first lien term loan
5 BDCs hold it · matures May 2, 2029 · S••••••• C•••••• A•••••••• L••
$31.4M 99c
S••••• A••••••••• I•• first lien term loan
17 BDCs hold it · matures Oct 25, 2032
$27.3M 99c
F•••••••• R••• S••••• O••••••••• L•• first lien term loan
7 BDCs hold it · matures Mar 4, 2032
$23.1M 97c
G•• T•••• C••••••••• first lien term loan
7 BDCs hold it · matures Oct 15, 2031
$22.5M 100c
E•••••• P•••••••• C••••••• L•• first lien term loan
3 BDCs hold it · matures Jun 2, 2031
$22.5M 100c
A•• D••• C••••••• L•• first lien term loan
5 BDCs hold it · matures Nov 27, 2030
$22.5M 97c
P•••• A••••••••• B••••• I•• first lien term loan
10 BDCs hold it · matures Dec 31, 2032 · A•••• C•••••• P•••••••• L•
$22.5M 99c
O•••• M•••••• B••••• L•• first lien term loan
3 BDCs hold it · matures Dec 31, 2031 · R•••••• C•••••• P••••••• L•
$22.4M 100c
N• T••••• L•• first lien term loan
11 BDCs hold it · matures Sep 2, 2031
$22.4M 99c
S••••••••• S•••••••• L•• first lien term loan
4 BDCs hold it · matures May 10, 2030
$22.4M 100c
V•••• B••••• I•• first lien term loan
18 BDCs hold it · matures Jan 31, 2032
$22.4M 99c
S••••••••• I•• first lien term loan
11 BDCs hold it · matures Dec 18, 2029
$22.3M 99c

Schedule of investments at Jun 30, 2026

291 positions

Borrower	Instrument	Principal	Fair value	Rate	Maturity
C••••• C••••••• L•• Financial Services	term loan first lien	$515,000	$-1,000 33c	SOFR+500 bp	Feb 28, 2031
C••••• S•••••••• A••••••••• I••. (dba CorroHealth) Health Care Providers & Services	term loan first lien	$149,000	$-1,000 33c	SOFR+500 bp	Aug 7, 2031
H••••••• T•••••• I••. Health Care E•••••••• & Supplies	term loan first lien	$28,000	$-1,000	EURIBOR+550 bp	Nov 28, 2031
T• S••••••• H•••••••• I••. (dba SouthernCarlson) Trading Companies & Distributors	term loan first lien	$218,000	$-2,000 100c	SOFR+500 bp	Jan 24, 2033
A•• K• B••••••• L•• (dba KUIU) Textiles, Apparel & Luxury Goods	term loan first lien	$105,000	$-2,000 200c	SOFR+475 bp	Dec 5, 2031
Z••••••• U• B•••• I••• ••• G••••• C••••••• Logistics)	term loan first lien	$202,000	$-2,000 100c	SOFR+475 bp	Aug 2, 2032
C••••••••• P••••••• A••••••••• I••. S•••••••	term loan first lien	$164,000	$-2,000	SOFR+600 bp	Dec 31, 2026
R••••••• B•••• I••. (dba RBMedia) Media	term loan first lien	$259,000	$-3,000 75c	SOFR+500 bp	Sep 3, 2030
V••• F•••••• B••••• I••. Diversified Consumer Services	term loan first lien	$511,000	$-3,000 50c	SOFR+625 bp	Aug 15, 2030
C••••• S•••••••• A••••••••• I••. (dba CorroHealth) Health Care Providers & Services	term loan first lien	$334,000	$-3,000 75c	SOFR+500 bp	Aug 7, 2031
W••••••• P••••••••• Services Inc. P••••••••• Services	term loan first lien	$617,000	$-3,000 60c	SOFR+475 bp	Sep 19, 2031
C•••• B••••• L•• Household Products	term loan first lien	$374,000	$-4,000 133c	SOFR+500 bp	Apr 2, 2031
N••••• M••••••• S••••••••• L•• (dba N•••••One) Financial Services	term loan first lien	$391,000	$-4,000 133c	SOFR+550 bp	Sep 26, 2030
W••••••• A••••••••• I••. (dba SPINS) IT Services	term loan first lien	$458,000	$-5,000 500c	SOFR+475 bp	Jan 22, 2029
e••••••••• L•• Air Freight & Logistics Rate	term loan first lien	$468,000	$-5,000 250c	SOFR+450 bp	Dec 23, 2032
P•••••• A••••••••• P•••••• L•• (dba ABC F••••••) Financial Services	term loan first lien	$625,000	$-5,000 125c	SOFR+525 bp	Feb 24, 2031
A•••••• B••••• I••. (dba Fidelity Payment Services) Financial Services	term loan first lien	$1.2M	$-6,000 120c	SOFR+500 bp	Dec 6, 2029
S•••• A••••••••• I••. (dba SimPRO) Construction & Engineering	term loan first lien	$566,000	$-6,000 150c	//fasb.org/us-gaap/2025#Base Rate+500 bp	Oct 24, 2030
R••••••• B•••• I••. (dba RBMedia) Media	term loan first lien	$623,000	$-6,000 67c	SOFR+500 bp	Sep 3, 2030
U•• B•••• L•• (dba United Flow T•••••••••) Trading Companies & Distributors	term loan first lien	$597,000	$-7,000 140c	SOFR+450 bp	Dec 6, 2032
T••••••• L•• Electrical E••••••••	term loan first lien	$652,000	$-7,000 233c	SOFR+425 bp	Aug 6, 2031
165.4.5% C•••• B••••• L•• Household Products	term loan first lien	$748,000	$-7,000 233c	SOFR+500 bp	Apr 2, 2031
S•••••• F•••••• G•••• N• H•••••••• L•• Hotels, R•••••••••s & Leisure	term loan first lien	$527,000	$-7,000 140c	SOFR+500 bp	Apr 14, 2031
W•••••• S•••••••• H•••••••• L•• (dba O6 Environmental) Commercial Services & Supplies	term loan first lien	$751,000	$-8,000 114c	SOFR+475 bp	Aug 5, 2032
S••••• C•• W•••• I••. Diversified Consumer Services	term loan first lien	$1.1M	$-8,000 114c	SOFR+500 bp	Mar 17, 2031
W•••••• S•••••••• H•••••••• L•• (dba O6 Environmental) Commercial Services & Supplies	term loan first lien	$858,000	$-9,000 225c	SOFR+475 bp	Aug 5, 2032
T• S••••••• H•••••••• I••. (dba SouthernCarlson) Trading Companies & Distributors	term loan first lien	$872,000	$-9,000 113c	Prime+500 bp	Jan 24, 2033
P•• P••••• I••. (dba Pace Analytical) P••••••••• Services	term loan first lien	$1.2M	$-9,000 90c	SOFR+450 bp	Aug 18, 2031
A••••••• B••••• I••. (dba Avetta) S•••••••	term loan first lien	$591,000	$-9,000 225c	SOFR+415 bp	Jul 26, 2030
e••••••••• L•• Air Freight & Logistics Rate	term loan first lien	$858,000	$-9,000 225c	SOFR+450 bp	Dec 23, 2032
V••••••••• H•••••••• I••. Aerospace & Defense	term loan first lien	$509,000	$-10,000 143c	SOFR+550 bp	Apr 18, 2030
Q•• P•••••• I••. (dba Quorum S•••••••)	term loan first lien	$2.1M	$-11,000 122c	SOFR+450 bp	Jun 3, 2032
I•••• C••••••••• A••••••••• L•• (dba I•••• Tridon) Machinery	term loan first lien	$1.1M	$-11,000 220c	SOFR+500 bp	Jun 30, 2032
S••••••••• I••. Health Care Providers & Services	term loan first lien	$1.4M	$-11,000 275c	SOFR+475 bp	Dec 18, 2029
B•••• B•••• I••. (dba Bazooka Candy B•••••) Consumer Staples Distribution & Retail	term loan first lien	$522,000	$-12,000 171c	SOFR+600 bp	Oct 5, 2029
T••••••• L•• Electrical E••••••••	term loan first lien	$1.2M	$-12,000 133c	SOFR+425 bp	Aug 6, 2031
K•• P••••• H•••••••• I••. S•••••••	term loan first lien	$851,000	$-13,000 186c	SOFR+450 bp	Mar 12, 2032
A••••••••• P••• T••••••••• L•• S•••••••	term loan first lien	$879,000	$-13,000 163c	SOFR+525 bp	May 28, 2032
One, Inc. S••••••• Corporation S•••••••	term loan first lien	$954,000	$-14,000 156c	SOFR+450 bp	Dec 6, 2032
B••• B••••••• B••••, Inc. (dba Ren) Financial Services	term loan first lien	$948,000	$-14,000 175c	SOFR+450 bp	Jul 30, 2032
A•• I••••••••• H••••• I••. (dba ABC Plumbing) Diversified Consumer Services	term loan first lien	$722,000	$-14,000 175c	SOFR+600 bp	Apr 26, 2029
A• S•••••••, Inc. (dba Relation Insurance)	term loan first lien	$1.9M	$-14,000 100c	SOFR+500 bp	Jul 24, 2032
R••••••• B•••• I••. (dba RBMedia) Media	term loan first lien	$1.5M	$-15,000 83c	SOFR+500 bp	Aug 31, 2029
A• T•••• P•••••• I••. (dba Prometheus) S•••••••	term loan first lien	$734,000	$-15,000 300c	SOFR+450 bp	Aug 29, 2031
B••••••••• I••. Health Care Technology	term loan first lien	$1.2M	$-15,000 250c	SOFR+450 bp	Dec 3, 2032
S••••••• C•••••• H•••••, LLC (dba C•••••• Education)	term loan first lien	$1.6M	$-16,000 160c	SOFR+500 bp	May 1, 2030
R••••• B••••• L•• (dba Redwood S•••••••)	term loan first lien	$1.7M	$-17,000 131c	SOFR+450 bp	Dec 17, 2031
O••••• A••••••••• I••. (dba OneStream) S••••••• Corporation S•••••••	term loan first lien	$2.3M	$-17,000 100c	SOFR+505 bp PIK 2.68%	Apr 1, 2033
R•••• F••••• L•• Food Products	term loan first lien	$846,000	$-17,000 243c	SOFR+475 bp	Apr 30, 2031
S••••• C•• W•••• I••. Diversified Consumer Services	term loan first lien	$2.2M	$-17,000 121c	SOFR+500 bp	Mar 17, 2032
K•• P••••• H•••••••• I••. S•••••••	term loan first lien	$1.1M	$-17,000 340c	SOFR+450 bp	Mar 12, 2032
E•••• L•• Commercial Services & Supplies	term loan first lien	$1.8M	$-18,000 120c	SOFR+475 bp	Oct 2, 2031
Z••••••• U• B•••• I••• ••• G••••• C••••••• Logistics)	term loan first lien	$1.8M	$-18,000 225c	SOFR+475 bp	Aug 2, 2032
T••••••• B••••• L•• (dba T••••••• Cheese) Food Products	term loan first lien	$965,000	$-19,000 173c	SOFR+475 bp	Dec 11, 2030
A••••••• B••••• I••. (dba Avetta) S•••••••	term loan first lien	$1.3M	$-19,000 211c	SOFR+415 bp	Jul 26, 2030
B•••••• A••••••• L•• (dba Superior Environmental S••••••••) Commercial Services & Supplies	term loan first lien	$699,000	$-19,000 475c	SOFR+650 bp	Aug 1, 2029
M• H•••••• L•• (dba MeridianLink) S•••••••	term loan first lien	$1.4M	$-21,000 700c	SOFR+425 bp	Oct 25, 2032
O••••• A••••••••• I••. (dba OneStream) S••••••• Corporation S•••••••	term loan first lien	$5.6M	$-21,000 105c	SOFR+505 bp PIK 2.68%	Apr 1, 2033
B•••••• P•••••• LLC Chemicals	term loan first lien	$2.1M	$-21,000 105c	SOFR+500 bp	Jun 30, 2031
E•••• Family F•••• Group LLC Food Products	term loan first lien	$2.3M	$-23,000 144c	SOFR+475 bp	Aug 12, 2030
N• T••••• L•• (dba NContracts) S•••••••	term loan first lien	$1.8M	$-23,000 164c	SOFR+450 bp	Sep 2, 2031
P•• P••••• I••. (dba Pace Analytical) P••••••••• Services	term loan first lien	$3.1M	$-23,000 177c	SOFR+450 bp	Aug 18, 2032
T••••••• L•• Electrical E••••••••	term loan first lien	$2.4M	$-24,000 400c	SOFR+425 bp	Aug 6, 2031
O••••• P••••••••• I••. (dba Office Ally) Health Care Technology	term loan first lien	$1.0M	$-25,000 625c	SOFR+435 bp	May 19, 2032
e••••••••• L•• Air Freight & Logistics	term loan first lien	$2.7M	$-27,000 450c	SOFR+450 bp	Dec 23, 2032
S••••••• H•••••••• L•• (dba Foundation S•••••••)	term loan first lien	$2.2M	$-27,000 338c	SOFR+450 bp	Aug 29, 2031
A••••••• C•••••• T••••••••• I••. Aerospace & Defense	term loan first lien	$3.0M	$-30,000 200c	SOFR+450 bp	May 19, 2033
M••••••• B••••• I••. (dba Miratech) Machinery	term loan first lien	$3.1M	$-31,000 148c	SOFR+450 bp	Aug 20, 2030
B••••••••• I••. Health Care Technology	term loan first lien	$2.7M	$-34,000 567c	SOFR+450 bp	Dec 3, 2032
R••••• B••••• L•• (dba Redwood S•••••••)	term loan first lien	$3.4M	$-34,000 262c	SOFR+450 bp	Dec 17, 2031
E•••• L•• Commercial Services & Supplies	term loan first lien	$3.5M	$-35,000 233c	SOFR+475 bp	Oct 2, 2031
O••••• P•••••••• a•• E•••••••• C••••••• L•• (fka Buffalo Merger Sub, LLC) Containers & P••••••••	term loan first lien	$2.3M	$-35,000 135c	SOFR+525 bp	Nov 1, 2030
C••••••• B••••• I••. (dba New Relic) S•••••••	term loan first lien	$725,000	$-36,000 327c	SOFR+675 bp	Nov 8, 2030
One, Inc. S••••••• Corporation S•••••••	term loan first lien	$2.4M	$-36,000 327c	SOFR+450 bp	Dec 6, 2032
A••••••• B••••• I••. (dba Avetta) S•••••••	term loan first lien	$2.6M	$-39,000 433c	SOFR+415 bp	Jul 28, 2031
A•••• B•••• H•••••••• I••. (dba Raptor T•••••••••) S•••••••	term loan first lien	$3.5M	$-44,000 550c	SOFR+450 bp	Jan 22, 2033
P•••• A••••••••• B••••• I••. (dba Alliance Technical Group) Energy E•••••••• & Services	term loan first lien	$4.6M	$-46,000 383c	SOFR+450 bp	Dec 31, 2032
F•••••••• O••••••••• LLC Financial Services	term loan first lien	$3.7M	$-65,000 406c	SOFR+525 bp	Aug 8, 2031
F•••••••• R••• S••••• O••••••••• L•• Commercial Services & Supplies	term loan first lien	$2.3M	$-81,000 426c	SOFR+475 bp PIK 2.00%	Mar 4, 2032
S••••• B••••, LLC Diversified Consumer Services	term loan first lien	$8.2M	$-82,000 482c	SOFR+500 bp	Jun 2, 2031
V•••• B••••• I••. (dba VIP) S•••••••	term loan first lien	$6.1M	$-91,000 379c	SOFR+450 bp	Jan 30, 2032
E•••••• P•••••••• C••••••• L•• Wireless Telecommunication Services	term loan first lien	$9.7M	$-121,000 102c	SOFR+500 bp	Jun 2, 2031
T• R••••••••• G•••• L•• Hotels, R•••••••••s & Leisure	term loan first lien	$1.3M	$-199,000 1421c	SOFR+725 bp	Jul 26, 2028
G•••••• S•••• F•••••••• S••••• G••••••••• F•••	equity equity	n/a	n/a
1• M•••• B••• M•••••	unstated lien unstated	n/a	n/a
3• M••••	unstated lien unstated	n/a	n/a
3• M••••	unstated lien unstated	n/a	n/a
6• M••••	unstated lien unstated	n/a	n/a
3• M••••	unstated lien unstated	n/a	n/a
1• M••••	unstated lien unstated	n/a	n/a
RPC A•• I••••••••• H••••• I••. (dba ABC Plumbing)	unstated lien unstated	n/a	n/a

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Registration

Fiscal year end: 1231reported
Incorporated: DEreported
On the SEC BDC report: 2024 to 2026reported
Filings listed: 15reported10-Q and 10-K since 2022
Former names: P•••••• S••••• Middle Market Lending Fund LLCreported
Latest schedule: 0001193125-26-344614reported