DFX Intelligence
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2•••••• B••• I•••
A non-traded business development company, managed by 2•••••• D••••• L••••••, holding $1.8B across 55 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
- $1.8B
- Borrowers
- 55
- Mark on cost
- 99.3¢
- First lien
- 97%
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
- $981M → $1.8Bfair value, 4 quarters
Its portfolio grew 80% at fair value over the last four quarters.
Q2 2026 · A fast-growing book is deploying new capital.
Every headline figure, and the identifiersCIK 1950976 · file 814-01665ShowHide
Fair value
$1.8B
as of Jun 30, 2026
Principal held
Not disclosed
debt pieces, the filer's figure
Cost
$1.8B
99c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
Positions
144
55 borrowers
First lien
97%
97% debt by fair value
Quarters on the tape
11
since Dec 31, 2023
Facilities held
127
14 sponsors financed
Portfolio through time
Fair value by quarter end$1.8B as of Jun 30, 2026
Dec 31, 2023$158M then
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2026 | $1.8B | 55 | 99c | 5 | 540 bp |
| Mar 31, 2026 | $1.6B | 52 | 99c | 4 | 532 bp |
| Dec 31, 2025 | $1.6B | 46 | 100c | 3 | 535 bp |
| Sep 30, 2025 | $1.2B | 41 | 100c | 3 | 546 bp |
All 11 quartersShow fewer
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2025 | $981M | 34 | 100c | 2 | 558 bp |
| Mar 31, 2025 | $1.8B | 33 | 100c | 3 | 566 bp |
| Dec 31, 2024 | $1.6B | 26 | 100c | 3 | 575 bp |
| Sep 30, 2024 | $494M | 19 | 100c | 2 | 598 bp |
| Jun 30, 2024 | $218M | 10 | 100c | 2 | 629 bp |
| Mar 31, 2024 | $115M | 5 | 100c | 0 | 660 bp |
| Dec 31, 2023 | $158M | 2 | 100c | 0 | 695 bp |
Sponsors financed
No borrower on this schedule has a sponsor attribution yet.
What changed
- Marked down (one lender)Jun 30, 2026
- Marked down (one lender)Jun 30, 2026
- PIK interest appearsJun 30, 2026
- Spread increasedJun 30, 2026
- Spread increasedJun 30, 2026
Full timeline · 20 eventsShow fewer
- Spread increasedJun 30, 2026
- Spread increasedJun 30, 2026
- Spread increasedJun 30, 2026
- Spread increasedJun 30, 2026
- New lender joined a facilityJun 30, 2026
- Maturity extended (observed)Jun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New lender joined a facilityJun 30, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down (one lender)Mar 31, 2026
- PIK interest appearsMar 31, 2026
- New lender joined a facilityMar 31, 2026
- Lender left a facilityMar 31, 2026
- New lender joined a facilityMar 31, 2026
Largest facilities held, with co-lenders
- A••••••• B••••• I•• first lien revolver8 BDCs hold it · matures Dec 3, 2032Not disclosed 107c
- A••••••• B•••••••• L•• first lien revolver2 BDCs hold it · matures May 8, 2030Not disclosed 107c
- L• B•••••••• B••••• L•• first lien revolver2 BDCs hold it · matures May 30, 2033Not disclosed 103c
- P•••••••• H•••••• L•• first lien delayed draw term loan1 BDC hold it · matures May 31, 2030Not disclosed 208c
- P•••••••• B••••• I•• first lien revolver3 BDCs hold it · matures Dec 12, 2032 · possible sponsor A•••••••• C•••••• P•••••••Not disclosed 104c
- C•••••• P••••• I•• first lien term loan7 BDCs hold it · matures May 18, 2033Not disclosed 100c
- P••• T•••• H••••••• L•• first lien term loan2 BDCs hold it · matures Sep 27, 2030Not disclosed 96c
- A•• B••••• I•• first lien revolver2 BDCs hold it · matures Oct 17, 2031Not disclosed n/a
- A•••• A••••••• G••••• L•• first lien delayed draw term loan12 BDCs hold it · matures Aug 1, 2031Not disclosed 92c
- U•• B•••• L•• first lien term loan7 BDCs hold it · matures Dec 6, 2032 · possible sponsor B•••••••• P••••••• L••Not disclosed 100c
- J••••••••• P•••••• I•• first lien revolver10 BDCs hold it · matures Jan 31, 2033 · possible sponsor F•••••••• P•••••••Not disclosed 106c
- G•••••••• P•••••• L•• first lien term loan4 BDCs hold it · matures Mar 31, 2032Not disclosed 100c
Schedule of investments at Mar 31, 2026
138 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| F• D•• B•••• I•• | revolver first lien | Not disclosed | -$10,000 100c | SOFR+475 bp | Oct 11, 2030 |
| U•••••••• T••••••••• H•••••••• L•• H••••• C••• T••••••••• | revolver first lien | Not disclosed | -$11,000 110c | SOFR+450 bp | Mar 12, 2032 |
| I•••••• P•••••• I••• | revolver first lien | Not disclosed | -$12,000 32c | SOFR+450 bp | Jan 25, 2030 |
| F• D•• B•••• I•• | revolver first lien | Not disclosed | -$20,000 80c | SOFR+500 bp | Oct 11, 2030 |
| A•• B••••• I••• | revolver first lien | Not disclosed | -$26,000 39c | SOFR+500 bp | Oct 17, 2031 |
| L••••••••• B••••• I•• | revolver first lien | Not disclosed | -$26,000 104c | SOFR+475 bp | Feb 6, 2032 |
| A••••••• B••••• I••• S••••••• | revolver first lien | Not disclosed | -$30,000 103c | SOFR+550 bp | Dec 3, 2032 |
| S••••••••• I•• S••••••• | revolver first lien | Not disclosed | -$35,000 109c | SOFR+625 bp | Oct 16, 2031 |
| S••••••• S••••••• B•••• I•• | revolver first lien | Not disclosed | -$37,000 123c | SOFR+500 bp | Sep 30, 2031 |
| A•••••• I••••••••• H•••••••• I••• | revolver first lien | Not disclosed | -$42,000 162c | SOFR+600 bp | Mar 19, 2031 |
| C•••• S•••••••• I••• IT Services | delayed draw term loan first lien | Not disclosed | -$46,000 219c | SOFR+550 bp | Jul 18, 2030 |
| P••• B••••• L•• | delayed draw term loan first lien | Not disclosed | -$54,000 108c | SOFR+475 bp | Aug 26, 2032 |
| C•••• S•••••••• I••• | revolver first lien | Not disclosed | -$55,000 108c | SOFR+550 bp | Jul 18, 2030 |
| J••••••••• P•••••• I••• | delayed draw term loan first lien | Not disclosed | -$55,000 204c | SOFR+475 bp | Jan 31, 2033 |
| J••••••••• P•••••• I••• | revolver first lien | Not disclosed | -$55,000 102c | SOFR+475 bp | Jan 31, 2033 |
| L• P•••• H•••••••• L•• | revolver first lien | Not disclosed | -$56,000 104c | SOFR+475 bp | Jan 30, 2032 |
| A•••• B•••• H•••••• I•• D••••••••• C••••••• Services | delayed draw term loan first lien | Not disclosed | -$59,000 203c | SOFR+450 bp | Jan 22, 2033 |
| D•••• B••••• I••• | revolver first lien | Not disclosed | -$68,000 100c | SOFR+575 bp | Jul 10, 2030 |
| F• D•• B•••• I•• | delayed draw term loan first lien | Not disclosed | -$75,000 214c | SOFR+475 bp | Oct 11, 2030 |
| L••••••••• B••••• I•• | delayed draw term loan first lien | Not disclosed | -$78,000 205c | SOFR+475 bp | Feb 6, 2032 |
| Z••• • C•••••• S••••••• C••••••••• L•• D••••••••• Financial Services | revolver first lien | Not disclosed | -$79,000 89c | SOFR+600 bp | Sep 13, 2030 |
| P•••••••• B••••• I••• | delayed draw term loan first lien | Not disclosed | -$81,000 208c | SOFR+450 bp | Dec 12, 2032 |
| P•••••• A••••••• B•••• L•• | revolver first lien | Not disclosed | -$93,000 81c | SOFR+500 bp | Aug 27, 2031 |
| F••• W•••• I••••••••• L•• | revolver first lien | Not disclosed | -$97,000 129c | SOFR+575 bp | Feb 20, 2030 |
| R••••• B•••• L•• | revolver first lien | Not disclosed | -$101,000 481c | SOFR+500 bp | Dec 17, 2031 |
| R•• S•••••••• I••• L••• S••••••• T•••• & Services | revolver first lien | Not disclosed | -$102,000 109c | SOFR+475 bp | Sep 25, 2032 |
| P••• B••••• L•• | revolver first lien | Not disclosed | -$126,000 217c | SOFR+475 bp | Aug 26, 2032 |
| J••••••••• P•••••• I••• | delayed draw term loan first lien | Not disclosed | -$138,000 103c | SOFR+475 bp | Jan 30, 2033 |
| F••• W•••• I••••••••• L•• | delayed draw term loan first lien | Not disclosed | -$145,000 254c | SOFR+575 bp | Feb 20, 2030 |
| Z••• • C•••••• S••••••• C••••••••• L•• D••••••••• Financial Services | delayed draw term loan first lien | Not disclosed | -$148,000 178c | SOFR+600 bp | Sep 13, 2030 |
| M•••••••• I••• | revolver first lien | Not disclosed | -$173,000 101c | SOFR+600 bp | Mar 30, 2033 |
| P•••• C•••••• I••• | delayed draw term loan first lien | Not disclosed | -$177,000 224c | SOFR+475 bp | Aug 6, 2031 |
| B••••• P••••••• S••••••• L•• | revolver first lien | Not disclosed | -$177,000 983c | SOFR+575 bp | May 20, 2031 |
| B••••• P••••••• S••••••• L•• | delayed draw term loan first lien | Not disclosed | -$180,000 2000c | SOFR+575 bp | May 20, 2031 |
| R••••• B•••• L•• | delayed draw term loan first lien | Not disclosed | -$201,000 957c | SOFR+500 bp | Dec 17, 2031 |
| L••••••••• I••• | revolver first lien | Not disclosed | -$260,000 211c | SOFR+750 bp | Jul 2, 2029 |
| L• P•••• H•••••••• L•• | delayed draw term loan first lien | Not disclosed | -$279,000 207c | SOFR+475 bp | Jan 30, 2032 |
| A•••• A••••••• G•••• L•• P••••••••• Services | delayed draw term loan first lien | Not disclosed | -$387,000 213c | SOFR+475 bp | Aug 1, 2031 |
Page 2 of 2Previous
Registration
- Fiscal year end
- 1231reported
- Incorporated
- MDreported
- On the SEC BDC report
- 2025 to 2026reported
- Filings listed
- 11reported10-Q and 10-K since 2022
- Latest schedule
- 0001193125-26-340235reported