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.

BDC portfolio

LGAM Private Credit LLC

BDCnon-tradedCIK 1983514file 814-01674NEW YORK, NYmanaged by MS CAPITAL PARTNERS ADVISER INC.
Fair value
$527M
as of Jun 30, 2026
Principal held
$532M
debt pieces, the filer's figure
Cost
$532M
99c on cost
Unfunded
$122M
commitments not yet drawn
Positions
576
182 borrowers
First lien
99%
99% debt by fair value
Quarters on the tape
11
since Dec 31, 2023
Facilities held
361
25 sponsors financed
Portfolio through time
Fair value by quarter end$527M as of Jun 30, 2026
Dec 31, 2023$99.7M then
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Jun 30, 2026$527M18299c31480 bp
Mar 31, 2026$506M17599c23480 bp
Dec 31, 2025$462M166100c15478 bp
Sep 30, 2025$353M145100c15482 bp
Jun 30, 2025$294M110100c14488 bp
Mar 31, 2025$817M102100c13496 bp
Dec 31, 2024$491M113100c9498 bp
Sep 30, 2024$235M84100c7506 bp
Jun 30, 2024$180M70100c4522 bp
Mar 31, 2024$123M52100c4543 bp
Dec 31, 2023$99.7M43100c4542 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
576 positions
BorrowerInstrumentPrincipalFair valueRateMaturity
Pareto Health Intermediate Holdings, Inc.
Health Care Providers & Services
term loan first lien$10.8M$10.7M
100c
SOFR+500 bpJun 3, 2030
Software Diligent Corporationterm loan first lien$10.2M$10.0M
98c
12.09%
PIK 8.42%
Aug 2, 2030
Jeppesen Holdings, LLC
Transportation Infrastructure
term loan first lien$9.8M$9.7M
99c
SOFR+475 bpNov 1, 2032
Deerfield Dakota Holding, LLC
Professional Services
term loan first lien$9.3M$9.1M
99c
SOFR+575 bp
PIK 2.75%
Sep 13, 2032
MRI Software, LLC
Real Estate Management & Development
term loan first lien$8.9M$8.9M
100c
SOFR+475 bpFeb 10, 2028
Iris Specialty Acquisition, LLC
Insurance Services
term loan first lien$8.8M$8.8M
100c
SOFR+450 bpNov 22, 2032
Software Jawbreaker Parent, Inc.term loan first lien$7.9M$7.8M
99c
SOFR+475 bpJan 31, 2033
Fetch, Inc.
Insurance Services
term loan first lien$7.5M$7.4M
100c
SOFR+475 bpMar 31, 2033
365 Retail Market, LLC
Financial Services
term loan first lien$7.1M$7.1M
100c
SOFR+475 bpMay 6, 2033
TA Polaris Buyer, Inc.
Health Care Providers & Services
term loan first lien$7.0M$6.9M
100c
SOFR+425 bpDec 12, 2032
Software Everbridge Holdings, LLCterm loan first lien$6.7M$6.7M
100c
SOFR+500 bpJul 2, 2031
Software AuditBoard, Inc.term loan first lien$6.4M$6.2M
98c
SOFR+500 bpJul 14, 2031
Merative. LP
Health Care Providers & Services
term loan first lien$6.1M$6.1M
100c
SOFR+450 bpSep 30, 2032
Bullhorn, Inc.
Professional Services
term loan first lien$6.2M$6.1M
100c
SOFR+500 bpOct 1, 2029
Goose Borrower, LP
Industrial Conglomerates
term loan first lien$6.2M$6.1M
100c
Prime+475 bpMar 2, 2033
Software GS AcquisitionCo, Inc.term loan first lien$6.4M$6.0M
94c
SOFR+525 bpMay 25, 2028
Bridgepointe Technologies, LLC
IT Services
term loan first lien$5.9M$5.9M
100c
SOFR+475 bpApr 18, 2033
Essential Services Holding Corporation
Diversified Consumer Services
term loan first lien$5.9M$5.5M
95c
SOFR+575 bp
PIK 2.88%
Jun 17, 2031
World Insurance Associates, LLC
Insurance Services
term loan first lien$5.4M$5.4M
101c
SOFR+500 bpApr 3, 2030
SV Newco 2, Inc.
Ground Transportation
term loan first lien$5.4M$5.4M
100c
SOFR+500 bpJun 2, 2031
iCIMS, Inc.
Health Care Providers & Services
term loan first lien$5.5M$5.3M
97c
SOFR+625 bpAug 18, 2028
Project Potter Buyer, LLC
Building Products
term loan first lien$5.2M$5.2M
100c
SOFR+525 bpApr 23, 2027
Software Banyan Software Holdings, LLCterm loan first lien$5.4M$5.2M
98c
SOFR+550 bpJan 2, 2031
Higginbotham Insurance Agency, Inc.
Insurance Services
term loan first lien$5.2M$5.2M
100c
SOFR+450 bpJun 11, 2031
One, Inc. Software Corporation
Insurance Services
term loan first lien$5.1M$5.0M
99c
SOFR+450 bpDec 6, 2032
Vessco Midco Holdings, LLC
Multi-Utilities
term loan first lien$5.1M$5.0M
99c
SOFR+450 bpJul 24, 2031
Majesco, Inc.
Insurance Services
term loan first lien$5.0M$4.9M
99c
SOFR+450 bpJan 7, 2033
EVDR Purchaser, Inc.
Diversified Consumer Services
term loan first lien$4.9M$4.9M
101c
SOFR+450 bpFeb 14, 2031
Integrity Marketing Acquisition, LLC
Insurance Services
term loan first lien$4.9M$4.9M
100c
SOFR+500 bpAug 25, 2028
Software Onit, Inc.term loan first lien$4.8M$4.8M
100c
SOFR+475 bpJan 27, 2032
BCTO Bluebill Midco, Inc.
Financial Services
term loan first lien$4.9M$4.8M
99c
SOFR+450 bpJul 30, 2032
Pamlico Avant Holdings, LP
Electronic Equipment, Instruments & Components
term loan first lien$4.8M$4.8M
99c
SOFR+425 bpDec 31, 2032
Model N, Inc.
Life Sciences Tools & Services
term loan first lien$4.8M$4.7M
100c
SOFR+475 bpJun 27, 2031
Software Fullsteam Operations, LLCterm loan first lien$4.8M$4.7M
98c
SOFR+525 bpAug 8, 2031
mPulse Mobile, Inc.
Health Care Providers & Services
term loan first lien$4.8M$4.6M
97c
SOFR+475 bpFeb 25, 2033
ComPsych Investment Corp.
Professional Services
term loan first lien$4.6M$4.6M
100c
SOFR+475 bpJul 22, 2031
Victors Purchaser, LLC
IT Services
term loan first lien$4.5M$4.5M
101c
SOFR+450 bpDec 23, 2032
HSI Halo Acquisition, Inc.
Commercial Services & Supplies
term loan first lien$4.5M$4.5M
101c
SOFR+500 bpJun 30, 2031
Astra Service Partners, LLC
Commercial Services & Supplies
term loan first lien$4.5M$4.5M
100c
SOFR+450 bpNov 26, 2032
Ascend Partner Services, LLC
Professional Services
term loan first lien$4.1M$4.1M
99c
SOFR+450 bpAug 11, 2031
Verdantas, LLC
Professional Services
term loan first lien$4.2M$4.1M
98c
SOFR+525 bpMay 6, 2031
Software Nasuni Corporationterm loan first lien$4.1M$4.1M
99c
SOFR+500 bpSep 10, 2030
Automobiles Drivecentric Holdings, LLCterm loan first lien$4.0M$4.0M
101c
SOFR+450 bpAug 15, 2031
Cyber US Bidco, LLC
IT Services
term loan first lien$4.0M$4.0M
99c
SOFR+500 bpDec 30, 2032
DCA Buyer, LLC
Health Care Providers & Services
term loan first lien$3.9M$3.9M
100c
10.25%
PIK 2.25%
Jun 2, 2031
Ridge Trail US Bidco, Inc.
IT Services
term loan first lien$3.9M$3.9M
101c
SOFR+450 bpSep 30, 2031
GI DI Cornfield Acquisition, LLC
IT Services
term loan first lien$3.9M$3.9M
100c
SOFR+450 bpMar 9, 2029
Orbcomm, Inc.
Diversified Telecommunication Services
term loan first lien$3.8M$3.8M
100c
SOFR+525 bpApr 27, 2032
Aptean, Inc.
Industrial Conglomerates
term loan first lien$3.8M$3.7M
99c
SOFR+475 bpJan 30, 2031
Hyland Software, Inc.
Health Care Technology
term loan first lien$3.7M$3.7M
101c
SOFR+475 bpSep 19, 2030
LHS Borrower, LLC
Diversified Consumer Services
term loan first lien$3.8M$3.7M
99c
SOFR+525 bpSep 4, 2031
Software Apryse Software Corp.term loan first lien$3.7M$3.7M
101c
SOFR+450 bpJun 28, 2032
Trintech, Inc.
Financial Services
term loan first lien$3.8M$3.7M
99c
SOFR+475 bpJan 28, 2033
Software Archduke Buyer, Inc.term loan first lien$3.8M$3.7M
98c
SOFR+550 bpDec 3, 2032
Pharmaceuticals Specialty Pharma III, Inc.term loan first lien$3.7M$3.7M
99c
Prime+475 bpDec 23, 2032
Accordion Partners, LLC
Professional Services
term loan first lien$3.7M$3.7M
100c
SOFR+500 bpNov 17, 2031
Software Vanco Payment Solutions, LLCterm loan first lien$3.7M$3.6M
99c
SOFR+475 bpDec 1, 2031
Superman Holdings, LLC
Construction & Engineering
term loan first lien$3.6M$3.6M
100c
SOFR+450 bpAug 29, 2031
Cliffwater, LLC
Financial Services
term loan first lien$3.6M$3.6M
100c
SOFR+450 bpApr 22, 2032
Jonathan Acquisition Company
Aerospace & Defense
term loan first lien$3.5M$3.5M
100c
SOFR+450 bpNov 12, 2029
AWP Group Holdings, Inc.
Commercial Services & Supplies
term loan first lien$3.5M$3.5M
100c
SOFR+591 bp
PIK 3.28%
Dec 22, 2032
PDI TA Holdings, Inc.
Consumer Staples Distribution & Retail
term loan first lien$3.6M$3.5M
96c
SOFR+600 bp
PIK 2.50%
Feb 3, 2031
CCI Buyer, Inc.
Wireless Telecommunication Services
term loan first lien$3.5M$3.4M
100c
SOFR+500 bpMay 13, 2032
FMG Suite Holdings, LLC
Interactive Media & Services
term loan first lien$3.5M$3.4M
99c
SOFR+450 bpSep 9, 2032
SV Newco 2, Inc.
Ground Transportation
term loan first lien$3.4M$3.3M
99c
SOFR+500 bpJun 2, 2031
Raptor Merger Sub Debt, LLC
Industrial Conglomerates
term loan first lien$3.4M$3.3M
99c
SOFR+475 bpApr 1, 2030
Tidi Legacy Products, Inc.
Health Care Equipment & Supplies
term loan first lien$3.3M$3.3M
101c
SOFR+450 bpDec 19, 2029
Chemicals Tank Holding Corp.term loan first lien$3.4M$3.2M
97c
SOFR+575 bpMar 31, 2028
Imagine 360, LLC
Health Care Providers & Services
term loan first lien$3.2M$3.2M
101c
SOFR+475 bpOct 2, 2028
Routeware, Inc
Commercial Services & Supplies
term loan first lien$3.2M$3.1M
100c
SOFR+525 bpSep 18, 2031
Software Saturn Borrower, Inc.term loan first lien$3.2M$3.1M
98c
SOFR+600 bpNov 10, 2028
Software Rivet Bidco Limitedterm loan first lien$3.2M$3.1M
100c
SOFR+450 bpApr 8, 2032
Transit Technologies, LLC
Commercial Services & Supplies
term loan first lien$3.2M$3.1M
98c
SOFR+500 bpAug 20, 2031
Arcoro Holdings Corp.
Construction & Engineering
term loan first lien$3.2M$3.1M
98c
SOFR+550 bpMar 28, 2030
PMA Parent Holdings, LLC
Financial Services
term loan first lien$3.0M$3.0M
100c
SOFR+475 bpJan 31, 2031
GTCR ABC Buyer, LLC
Financial Services
term loan first lien$3.0M$3.0M
100c
SOFR+450 bpApr 14, 2033
Software Emburse, Inc.term loan first lien$2.9M$2.9M
100c
SOFR+425 bpMay 28, 2032
Sonny's Enterprises, LLC
Automobile Components
term loan first lien$3.0M$2.9M
99c
SOFR+550 bpAug 5, 2028
eShipping, LLC
Ground Transportation
term loan first lien$2.8M$2.8M
99c
SOFR+450 bpDec 23, 2032
VRC Companies, LLC
Commercial Services & Supplies
term loan first lien$2.8M$2.8M
101c
SOFR+550 bpJun 29, 2027
Patriot Growth Insurance Services, LLC
Insurance Services
term loan first lien$2.9M$2.8M
98c
SOFR+500 bpOct 16, 2028
CRCI Longhorn Holdings, Inc.
Commercial Services & Supplies
term loan first lien$2.8M$2.8M
101c
SOFR+475 bpAug 27, 2031
WIPFLI Advisory, LLC
Professional Services
term loan first lien$2.8M$2.7M
99c
SOFR+425 bpOct 1, 2032
Railpros Parent, LLC
Commercial Services & Supplies
term loan first lien$2.7M$2.7M
101c
SOFR+425 bpMay 24, 2032
Automobiles Vehlo Purchaser, LLCterm loan first lien$2.7M$2.7M
99c
SOFR+525 bpMay 24, 2028
CSHC Buyerco, LLC
Health Care Equipment & Supplies
term loan first lien$2.7M$2.7M
100c
SOFR+500 bpApr 29, 2033
Software Icefall Parent, Inc.term loan first lien$2.7M$2.7M
101c
SOFR+450 bpJan 25, 2030
Banks Computer Services, Inc.term loan first lien$2.7M$2.7M
99c
SOFR+450 bpNov 17, 2031
Thrive Buyer, Inc. (Thrive Networks)
IT Services
term loan first lien$2.8M$2.6M
96c
SOFR+500 bp
PIK 2.50%
Feb 2, 2032
ManTech International CP
Aerospace & Defense
term loan first lien$2.6M$2.6M
99c
SOFR+450 bpSep 14, 2029
Software Hootsuite, Inc.term loan first lien$2.6M$2.6M
100c
SOFR+550 bpMay 22, 2030
Apollo Acquisition, Inc.
IT Services
term loan first lien$2.6M$2.5M
99c
SOFR+525 bpDec 30, 2031
Vensure Employer Services, Inc.
Commercial Services & Supplies
term loan first lien$2.5M$2.5M
100c
SOFR+500 bpSep 29, 2031
GC Waves Holdings, Inc.
Financial Services
term loan first lien$2.4M$2.4M
99c
SOFR+450 bpOct 4, 2030
Software Granicus, Inc.term loan first lien$2.4M$2.4M
101c
SOFR+575 bp
PIK 2.25%
Jan 17, 2031
Galway Borrower, LLC
Insurance Services
term loan first lien$2.4M$2.4M
99c
SOFR+450 bpSep 29, 2028
LJ Avalon Holdings, LLC
Construction & Engineering
term loan first lien$2.4M$2.3M
100c
SOFR+475 bpFeb 1, 2030
GC Waves Holdings, Inc.
Financial Services
term loan first lien$2.3M$2.3M
98c
SOFR+450 bpOct 4, 2030
Galway Borrower, LLC
Insurance Services
term loan first lien$2.3M$2.2M
99c
SOFR+450 bpSep 29, 2028
Software Espresso Bidco, Inc.term loan first lien$2.2M$2.2M
99c
SOFR+575 bp
PIK 3.13%
Mar 25, 2032
Page 1 of 6Next
Registration
Fiscal year end
1231reported
Incorporated
DEreported
On the SEC BDC report
2024 to 2026reported
Filings listed
11reported10-Q and 10-K since 2022
Latest schedule
0001193125-26-344644reported