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

2•••••• B••• I•••

BDCnon-tradedCIK 1950976file 814-01665NEW YORK, NYmanaged by 2•••••• D••••• L••••••

Fair value

$1.8B

as of Jun 30, 2026

Principal held

n/a

debt pieces, the filer's figure

Cost

$1.8B

99c on cost

Unfunded

n/a

commitments not yet drawn

Positions

144

55 borrowers

First lien

97%

97% debt by fair value

Quarters on the tape

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
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

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

Marked down (one lender)Jun 30, 2026
2•••••• B••• I•••: fair value markdown in A••••••• B•••••••• L•• (115 to 107 cents on cost)
Marked down (one lender)Jun 30, 2026
2•••••• B••• I•••: fair value markdown in C• B••••• I•• (86 to 80 cents on cost)
PIK interest appearsJun 30, 2026
2•••••• B••• I•••: pik added in L••••••••• I•• (0.00% to 7.50%)
Spread increasedJun 30, 2026
2•••••• B••• I•••: spread increased in C••• P••••••••• L•• (6.00% to 6.50%)
Spread increasedJun 30, 2026
2•••••• B••• I•••: spread increased in G•••• R•••• A•••••• M••••••••• I•• (5.00% to 6.00%)
Spread increasedJun 30, 2026
2•••••• B••• I•••: spread increased in P•••••••• B••••• I•• (4.50% to 6.00%)
Spread increasedJun 30, 2026
2•••••• B••• I•••: spread increased in G•••• R•••• A•••••• M••••••••• I•• (5.00% to 5.75%)
Spread increasedJun 30, 2026
2•••••• B••• I•••: spread increased in U•••••••• T••••••••• H•••••••• L•• (4.50% to 5.25%)
Spread increasedJun 30, 2026
2•••••• B••• I•••: spread increased in U•••••••• T••••••••• H•••••••• L•• (4.50% to 5.25%)
New lender joined a facilityJun 30, 2026
2•••••• B••• I••• joins A•••••• I•• term loan (first lien) held by 23 other BDCs
Maturity extended (observed)Jun 30, 2026
2•••••• B••• I•••: maturity extended in S•••••• P•••••• L•• (2030-05-13 to 2031-10-16)
New borrower on a BDC scheduleJun 30, 2026
P•••••••• H•••••• L•• first appears in a BDC schedule (1 lender)
New lender joined a facilityJun 30, 2026
2•••••• B••• I••• joins C•••••• P••••• I•• term loan (first lien) held by 6 other BDCs
Marked down (one lender)Mar 31, 2026
2•••••• B••• I•••: fair value markdown in P••• T•••• H••••••• L•• (99 to 94 cents on cost)
Marked down (one lender)Mar 31, 2026
2•••••• B••• I•••: fair value markdown in B••••• P••••••• S••••••• L•• (100 to 89 cents on cost)
Marked down (one lender)Mar 31, 2026
2•••••• B••• I•••: fair value markdown in C• B••••• I•• (107 to 86 cents on cost)
PIK interest appearsMar 31, 2026
2•••••• B••• I•••: pik added in U•••••••• T••••••••• H•••••••• L•• (0.00% to 2.75%)
New lender joined a facilityMar 31, 2026
2•••••• B••• I••• joins M•••••••• I•• revolver (first lien) held by 6 other BDCs
Lender left a facilityMar 31, 2026
2•••••• B••• I••• no longer holds M•••••••• I•• revolver after 2026-03-31; 1 BDC(s) still hold it
New lender joined a facilityMar 31, 2026
2•••••• B••• I••• joins M•••••••• I•• term loan (first lien) held by 10 other BDCs

Every position change, including routine ones

Largest facilities held, with co-lenders

C••• P••••••••• L•• first lien revolver
2 BDCs hold it · matures Mar 1, 2030
n/a 99c
A••••• P•••••• S•••••••• L•• first lien revolver
6 BDCs hold it · matures Aug 11, 2031
n/a 124c
P•••••••• B••••• I•• first lien delayed draw term loan
2 BDCs hold it · matures Dec 12, 2032 · A•••••••• C•••••• P•••••••
n/a 99c
A•••• S•• N•••• L•• first lien revolver
1 BDC hold it · matures Dec 11, 2030
n/a 101c
P•••••• A••••••• B••••• L•• first lien term loan
5 BDCs hold it · matures Aug 27, 2031 · W••••••••• C••••••• L•••
n/a 101c
P••• T•••• H••••••• L•• first lien revolver
2 BDCs hold it · matures Sep 27, 2030
n/a 94c
R• B••••• I•• first lien term loan
1 BDC hold it · matures Jan 17, 2031
n/a 98c
L• P•••• H•••••••• L•• first lien delayed draw term loan
1 BDC hold it · matures Jan 30, 2032
n/a 216c
P•••••••• B••••• I•• first lien term loan
3 BDCs hold it · matures Dec 12, 2032 · A•••••••• C•••••• P•••••••
n/a 100c
P•••• C•••••• I•• equity
1 BDC hold it · matures Aug 5, 2025 · F•••••• S••••• • C••
n/a 103c
S••••••• S••••••• B••••• I•• first lien term loan
6 BDCs hold it · matures Sep 30, 2031 · F•••••••• P•••••••
n/a 100c
S•••••• P•••••• L•• first lien term loan
7 BDCs hold it · matures Oct 16, 2031
n/a 98c

Schedule of investments at Jun 30, 2026

144 positions

Borrower	Instrument	Principal	Fair value	Rate	Maturity
A•••••• T••••••••• H••••••• C•••.	term loan first lien	n/a	$68.7M 101c	SOFR+650 bp	Nov 5, 2029
A••••••, Inc. Air Freight & Logistics	term loan first lien	n/a	$59.8M 100c	SOFR+600 bp	Jun 1, 2033
R• B••••• I••. Aerospace & Defense	term loan first lien	n/a	$56.7M 98c	SOFR+675 bp	Jan 17, 2031
M•••••••• I••. Hotels, Restaurants & Leisure	term loan first lien	n/a	$56.1M 100c	SOFR+600 bp	Mar 30, 2033
P•••••• A••••••• B•••• LLC Pharmaceuticals	term loan first lien	n/a	$54.4M 101c	SOFR+500 bp	Aug 27, 2031
D•••• B••••• I••. S•••••••	term loan first lien	n/a	$54.3M 100c	SOFR+575 bp	Jul 10, 2030
L••••••••• I••. IT Services	term loan first lien	n/a	$50.4M 93c	SOFR+750 bp PIK 7.50%	Jul 2, 2029
R•• S•••••••• I••. Life Sciences Tools & Services	term loan first lien	n/a	$50.3M 100c	SOFR+475 bp	Sep 25, 2032
C•••••• Acquiror, Inc. Pharmaceuticals	term loan first lien	n/a	$48.2M 100c	SOFR+600 bp	May 18, 2033
Z••• & Company S••••••• C••••••••• LLC Diversified Financial Services	term loan first lien	n/a	$48.1M 100c	SOFR+650 bp	Sep 13, 2030
P••• B••••• L•• Food Products	term loan first lien	n/a	$43.7M 100c	SOFR+475 bp	Aug 26, 2032
G•••• R•••• A•••••• M••••••••• I••. Pharmaceuticals	term loan first lien	n/a	$43.2M 99c	SOFR+575 bp	Mar 10, 2031
J••••••••• P•••••• I••. IT Services	term loan first lien	n/a	$42.1M 100c	SOFR+475 bp	Jan 31, 2033
A•••• B•••• Holdings,inc	term loan first lien	n/a	$39.1M 100c	SOFR+450 bp	Jan 22, 2033
F••• W•••• I••••••••• L•• I••••••••• Media & Services	term loan first lien	n/a	$36.4M 100c	SOFR+575 bp	Feb 20, 2030
A•• B••••• I••. Semiconductors & Semiconductor Equipment	term loan first lien	n/a	$36.0M 101c	SOFR+500 bp	Oct 17, 2031
G•••••••• Inc S•••••••	term loan first lien	n/a	$35.9M 98c	SOFR+550 bp	Jul 30, 2027
C••••• S•••••••• A••••••••• Inc	term loan first lien	n/a	$34.2M 101c	SOFR+500 bp	Aug 7, 2031
C•••• S•••••••• I••. IT Services	term loan first lien	n/a	$32.8M 100c	SOFR+600 bp	Jul 18, 2030
P•••••••• H•••••• L•• H••••• Care Providers & Services	term loan first lien	n/a	$32.5M 100c	SOFR+600 bp	May 31, 2030
C••• P••••••••• L•• S•••••••	term loan first lien	n/a	$32.4M 100c	SOFR+650 bp	Mar 1, 2030
S••••••• S••••••• B•••• Inc IT Services	term loan first lien	n/a	$29.9M 100c	SOFR+500 bp	Sep 30, 2031
S•••••• P••••• LLC IT Services	term loan first lien	n/a	$29.6M 100c	SOFR+625 bp	Oct 16, 2031
H••••••• S••••••• S•••••••• L•• H••••• Care T•••••••••	term loan first lien	n/a	$28.7M 100c	SOFR+525 bp	Jun 16, 2031
CI (MG) Group, LLC Diversified Consumer Services	term loan first lien	n/a	$28.3M 100c	SOFR+550 bp	Mar 27, 2030
C• B••••• I•• S•••••••	term loan first lien	n/a	$27.4M 98c	SOFR+525 bp	Jul 1, 2031
S•••••• P••••• LLC IT Services	term loan first lien	n/a	$26.7M 96c	SOFR+650 bp	May 13, 2030
S•••••• L•• First Lien Senior Secured Term Loan Food & Staples Retailing	unstated lien unstated	n/a	$25.6M 100c	SOFR+500 bp	Sep 2, 2032
X••••• C••••••••• Professional Services	term loan first lien	n/a	$24.8M 99c	SOFR+625 bp	Jul 30, 2027
I•••••• P•••••• I••. Diversified Financial Services	term loan first lien	n/a	$24.0M 101c	SOFR+450 bp	Jan 25, 2030
A••••••• B•••••••• L••	term loan first lien	n/a	$23.8M 100c	SOFR+625 bp	May 8, 2030
P••• T•••• H••••••• L•• Diversified Financial Services	term loan first lien	n/a	$23.8M 96c	SOFR+775 bp	Sep 27, 2030
P•••••••• B••••• I••. Construction & Engineering	term loan first lien	n/a	$23.2M 100c	SOFR+450 bp	Dec 12, 2032
P•••• C•••••• I••.	term loan first lien	n/a	$22.9M 100c	SOFR+475 bp	Aug 6, 2031
A•••• S•• N•••• L•• Commercial Services & Supplies	term loan first lien	n/a	$21.9M 100c	SOFR+500 bp	Dec 11, 2030
G•••• D••• I••••••••• H•••••• I• L•• S•••••••	preferred equity equity	n/a	$21.5M 97c		Jul 21, 2025
Univista I••••••••• Holdco, LLC Insurance	term loan first lien	n/a	$20.3M 99c	SOFR+653 bp	Jan 10, 2030
A•• F••••• I• I•• Chemicals	term loan first lien	n/a	$20.3M 102c	9.75%	Mar 1, 2033
A••••••• B••••• I••. S•••••••	term loan first lien	n/a	$20.2M 100c	SOFR+550 bp	Dec 3, 2032
P••• P•••••• I••. Airlines	term loan first lien	n/a	$20.2M 100c	SOFR+475 bp	Dec 9, 2032
R••••• B•••• LLC S•••••••	term loan first lien	n/a	$19.4M 98c	SOFR+450 bp	Dec 17, 2031
Univista I••••••••• Holdco, LLC Insurance	term loan first lien	n/a	$18.2M 100c	SOFR+385 bp	Jan 10, 2030
L••••••••• B••••• I•• H••••• Care T•••••••••	term loan first lien	n/a	$17.3M 100c	SOFR+475 bp	Feb 6, 2032
U•••••••• T••••••••• H•••••••• L•• H••••• Care T•••••••••	term loan first lien	n/a	$16.9M 98c	SOFR+525 bp PIK 2.75%	Mar 12, 2032
T•••••• B•••• Inc Life Sciences Tools & Services	term loan first lien	n/a	$16.1M 100c	SOFR+475 bp	Oct 17, 2030
L• B•••••••• B••••• L•• Professional Services	term loan first lien	n/a	$15.9M 100c	SOFR+600 bp	May 29, 2033
P•••••••• B••••• I••. Construction & Engineering	term loan first lien	n/a	$15.1M 100c	SOFR+600 bp	Dec 12, 2032
U•• B•••• L•• Multi-Utilities	term loan first lien	n/a	$13.5M 100c	SOFR+500 bp PIK 2.75%	Dec 6, 2032
C••• P••••••••• L••	revolver first lien	n/a	$13.4M 99c	SOFR+600 bp	Mar 1, 2030
G•••• R•••• A•••••• M••••••••• I••. Pharmaceuticals	term loan first lien	n/a	$13.3M 100c	SOFR+600 bp	Mar 10, 2031
A•••••• I••••••••• H•••••••• I••. IT Services	delayed draw term loan first lien	n/a	$12.7M 99c	SOFR+600 bp	Mar 19, 2031
G•••••••• P•••••• L•• Life Sciences Tools & Services	term loan first lien	n/a	$12.6M 100c	SOFR+475 bp	Mar 31, 2032
FH DMI B•••• Inc H••••• Care Equipment & Supplies	term loan first lien	n/a	$12.1M 101c	SOFR+500 bp	Oct 11, 2030
P••• B••••• L•• Food Products	delayed draw term loan first lien	n/a	$11.1M 100c	SOFR+475 bp	Aug 26, 2032
A••••• Partner Services LLC	delayed draw term loan first lien	n/a	$10.2M 100c	SOFR+450 bp	Aug 11, 2031
A•••• S•• N•••• L•• Commercial Services & Supplies	delayed draw term loan first lien	n/a	$8.6M 100c	SOFR+500 bp	Dec 11, 2030
CI (MG) Group, LLC	delayed draw term loan first lien	n/a	$8.5M 100c	SOFR+550 bp	Mar 27, 2030
P•••••••• B••••• I••. Construction & Engineering	delayed draw term loan first lien	n/a	$8.0M 99c	SOFR+450 bp	Dec 12, 2032
B••••• P••••••• S••••••• L••	term loan first lien	n/a	$7.7M 89c	SOFR+625 bp PIK 3.38%	May 20, 2031
G••••••• R••••••••• Partners B•••• Diversified Consumer Services	delayed draw term loan first lien	n/a	$7.6M 97c	SOFR+500 bp	Nov 3, 2031
A•••• S•• N•••• L•• Commercial Services & Supplies	delayed draw term loan first lien	n/a	$7.1M 100c	SOFR+500 bp	Dec 11, 2030
F••• W•••• I••••••••• L•• I••••••••• Media & Services	delayed draw term loan first lien	n/a	$7.1M 100c	SOFR+575 bp	Feb 20, 2030
FH DMI B•••• Inc H••••• Care Equipment & Supplies	delayed draw term loan first lien	n/a	$6.7M 101c	SOFR+500 bp	Oct 11, 2030
R• B••••• I••. Aerospace & Defense	revolver first lien	n/a	$6.0M 98c	SOFR+675 bp	Jan 17, 2031
A••••• Partner Services LLC Professional Services	term loan first lien	n/a	$5.9M 100c	SOFR+450 bp	Aug 11, 2031
A•••••• I••••••••• H•••••••• I••. IT Services	term loan first lien	n/a	$5.6M 99c	SOFR+600 bp	Mar 19, 2031
FH DMI B•••• Inc H••••• Care Equipment & Supplies	term loan first lien	n/a	$5.5M 100c	SOFR+475 bp	Oct 11, 2030
C••• P••••••••• L•• S•••••••	delayed draw term loan first lien	n/a	$4.9M 97c	SOFR+625 bp	Mar 1, 2030
G••••••• R••••••••• Partners B•••• Diversified Consumer Services	term loan first lien	n/a	$4.5M 97c	SOFR+500 bp	Nov 3, 2031
P••• T•••• H••••••• L•• Diversified Financial Services	delayed draw term loan first lien	n/a	$4.2M 93c	SOFR+775 bp	Sep 27, 2030
C• B••••• I•• S•••••••	delayed draw term loan first lien	n/a	$3.9M 98c	SOFR+525 bp	Jul 1, 2031
C••• P••••••••• L•• S•••••••	delayed draw term loan first lien	n/a	$3.2M 96c	SOFR+600 bp	Mar 1, 2030
Z••• & Company S••••••• C••••••••• LLC Diversified Financial Services	delayed draw term loan first lien	n/a	$3.0M 99c	SOFR+650 bp	Sep 13, 2030
P•••• C•••••• I••. Hotels, Restaurants & Leisure	equity equity	n/a	$2.7M 103c		Aug 5, 2025
C•••• S•••••••• I••.	delayed draw term loan first lien	n/a	$2.5M 98c	SOFR+600 bp	Jul 18, 2030
P••• T•••• H••••••• L•• Diversified Financial Services	revolver first lien	n/a	$2.5M 94c	SOFR+675 bp	Sep 27, 2030
A•••• Advisory Group LLC Professional Services	delayed draw term loan first lien	n/a	$2.2M 92c	SOFR+475 bp	Aug 1, 2031
A••••• Partner Services LLC Professional Services	delayed draw term loan first lien	n/a	$2.1M 100c	SOFR+450 bp	Aug 11, 2031
A•••• B•••• Holding Inc Diversified Consumer Services	revolver first lien	n/a	$1.8M 100c	SOFR+450 bp	Jan 22, 2033
CI (MG) Group, LLC	revolver first lien	n/a	$1.7M 101c	SOFR+550 bp	Mar 27, 2030
C••• P••••••••• L•• S•••••••	term loan first lien	n/a	$1.6M 97c	SOFR+600 bp	Mar 1, 2030
C•••• S•••••••• I••. IT Services	delayed draw term loan first lien	n/a	$1.5M 99c	SOFR+550 bp	Jul 18, 2030
S••••••••• Inc S•••••••	delayed draw term loan first lien	n/a	$1.4M 98c	SOFR+625 bp	Oct 16, 2031
T•••••• B•••• Inc Life Sciences Tools & Services	revolver first lien	n/a	$1.3M 100c	SOFR+475 bp	Oct 17, 2030
C••••• S•••••••• A••••••••• Inc	term loan first lien	n/a	$1.2M 101c	SOFR+500 bp	Aug 7, 2031
U•• B•••• L•• Multi-Utilities	delayed draw term loan first lien	n/a	$1.1M 98c	SOFR+500 bp PIK 2.75%	Dec 6, 2032
P•••••••• B••••• I••. Construction & Engineering	revolver first lien	n/a	$835,000 104c	SOFR+450 bp	Dec 12, 2032
L••••••••• B••••• I•• H••••• Care T•••••••••	revolver first lien	n/a	$807,000 100c	SOFR+475 bp	Feb 6, 2032
T•••••• B•••• Inc Life Sciences Tools & Services	delayed draw term loan first lien	n/a	$655,000 94c	SOFR+475 bp	Oct 17, 2030
F• D•• B••••• I•• H••••• Care Equipment & Supplies	equity equity	n/a	$587,000 96c		Oct 11, 2024
S•••••• L•• Food & Staples Retailing	revolver first lien	n/a	$524,000 99c	SOFR+500 bp	Sep 2, 2032
FH DMI B•••• Inc H••••• Care Equipment & Supplies	revolver first lien	n/a	$506,000 100c	SOFR+475 bp	Oct 11, 2030
A•••• S•• N•••• L•• Commercial Services & Supplies	revolver first lien	n/a	$268,000 101c	SOFR+500 bp	Dec 11, 2030
A••••••• B•••••••• L•• Multi-Utilities	revolver first lien	n/a	$233,000 107c	SOFR+625 bp	May 8, 2030
C• B••••• I•• S•••••••	revolver first lien	n/a	$161,000 80c	SOFR+525 bp	Jul 1, 2031
C••••• S•••••••• A••••••••• Inc H••••• Care T•••••••••	revolver first lien	n/a	$0 0c	SOFR+500 bp	Aug 7, 2031
C••••• S•••••••• A••••••••• Inc H••••• Care T•••••••••	delayed draw term loan first lien	n/a	$0 0c	SOFR+500 bp	Aug 7, 2031
P•••••• A••••••• B•••• LLC Pharmaceuticals	revolver first lien	n/a	$-0 0c	SOFR+500 bp	Aug 27, 2031
J••••••••• P•••••• I••.	delayed draw term loan first lien	n/a	$-0	SOFR+475 bp	Jan 30, 2033
C••••• S•••••••• A••••••••• Inc	delayed draw term loan first lien	n/a	$0 0c	SOFR+500 bp	Aug 7, 2031

Page 1 of 2Next

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