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
Automobiles Vehlo Purchaser, LLCterm loan first lien$2.2M$2.2M
99c
SOFR+525 bpMay 24, 2028
Software Granicus, Inc.term loan first lien$2.1M$2.1M
100c
SOFR+575 bp
PIK 2.25%
Jan 17, 2031
Any Hour, LLC
Diversified Consumer Services
term loan first lien$2.4M$2.1M
90c
SOFR+575 bp
PIK 3.25%
May 23, 2030
DCA TopCo, LP
Health Care Providers & Services
equity equityn/a$2.1M
100c
Jun 2, 2026
Software Artifact Bidco, Inc.term loan first lien$2.1M$2.1M
101c
SOFR+415 bpJul 28, 2031
DA Blocker Corp.
Diversified Consumer Services
term loan first lien$2.1M$2.1M
99c
SOFR+475 bpFeb 10, 2032
VRC Companies, LLC
Commercial Services & Supplies
term loan first lien$2.0M$2.0M
100c
SOFR+550 bpJun 29, 2027
Hercules Borrower, LLC
Commercial Services & Supplies
term loan first lien$2.0M$2.0M
99c
SOFR+475 bpDec 15, 2028
GI DI Cornfield Acquisition, LLC
IT Services
term loan first lien$2.0M$2.0M
100c
SOFR+450 bpMar 9, 2029
PPV Intermediate Holdings, LLC
Health Care Providers & Services
term loan first lien$2.0M$1.9M
99c
SOFR+575 bpAug 31, 2029
Software Coupa Holdings, LLCterm loan first lien$1.9M$1.9M
99c
SOFR+525 bpFeb 27, 2030
NDT Global Holding, Inc.
Electronic Equipment, Instruments & Components
term loan first lien$1.9M$1.8M
99c
SOFR+450 bpJun 4, 2032
Software Formstack Acquisition, Co.term loan first lien$1.8M$1.8M
100c
SOFR+525 bpMar 28, 2030
Beverages Vamos Bidco, Inc.term loan first lien$1.9M$1.8M
99c
SOFR+450 bpJan 30, 2032
Tamarack Intermediate, LLC
Commercial Services & Supplies
term loan first lien$1.8M$1.8M
100c
SOFR+475 bpMar 12, 2029
Accel International Holdings, Inc.
Electrical Equipment
term loan first lien$1.7M$1.7M
100c
SOFR+425 bpApr 26, 2032
Invictus Buyer, LLC
Health Care Providers & Services
term loan first lien$1.6M$1.6M
101c
SOFR+450 bpJun 3, 2031
Ascend Partner Services, LLC
Professional Services
term loan first lien$1.6M$1.6M
99c
SOFR+450 bpAug 11, 2031
Automobiles COP Collisionright Parent, LLCterm loan first lien$1.5M$1.5M
100c
SOFR+475 bpJan 29, 2030
OEConnection, LLC
Automobile Components
term loan first lien$1.5M$1.5M
98c
SOFR+450 bpDec 23, 2032
Foundation Risk Partners Corp.
Insurance Services
term loan first lien$1.4M$1.4M
101c
SOFR+475 bpOct 29, 2030
Software AuditBoard, Inc.term loan first lien$1.4M$1.4M
98c
SOFR+500 bpJul 14, 2031
Stepping Stones Healthcare Services, LLC
Health Care Providers & Services
term loan first lien$1.3M$1.3M
100c
SOFR+475 bpJan 5, 2033
Vessco Midco Holdings, LLC
Multi-Utilities
term loan first lien$1.3M$1.3M
98c
SOFR+450 bpJul 24, 2031
LJ Avalon Holdings, LLC
Construction & Engineering
term loan first lien$1.3M$1.2M
99c
SOFR+475 bpFeb 1, 2030
Kodiak Buyer, LLC
Diversified Consumer Services
term loan first lien$1.2M$1.2M
101c
SOFR+425 bpJul 26, 2032
PPV Intermediate Holdings, LLC
Health Care Providers & Services
term loan first lien$1.2M$1.2M
99c
SOFR+575 bpAug 31, 2029
Software LogRhythm, Inc.term loan first lien$1.4M$1.2M
89c
SOFR+750 bp
PIK 6.75%
Jul 2, 2029
MRI Software, LLC
Real Estate Management & Development
term loan first lien$1.2M$1.2M
100c
SOFR+475 bpFeb 10, 2028
Software Banyan Software Holdings, LLCterm loan first lien$1.2M$1.2M
99c
SOFR+550 bpJan 2, 2031
MAI Capital Management Intermediate, LLC
Financial Services
term loan first lien$1.1M$1.1M
99c
SOFR+475 bpAug 29, 2031
Raptor Merger Sub Debt, LLC
Industrial Conglomerates
term loan first lien$1.1M$1.1M
99c
SOFR+475 bpApr 1, 2030
MAI Capital Management Intermediate, LLC
Financial Services
term loan first lien$1.0M$1.0M
99c
SOFR+475 bpAug 29, 2031
Machinery TK Elevator US Newco, Inc.term loan first lien$975,000$979,000
100c
SOFR+275 bpApr 30, 2030
Project Ruby Ultimate Parent Corp.
Health Care Technology
term loan first lien$977,000$976,000
100c
SOFR+275 bpMar 10, 2028
Les Schwab Tire Centers
Specialty Retail
term loan first lien$978,000$973,000
99c
SOFR+250 bpApr 23, 2031
USI, Inc.
Insurance Services
term loan first lien$973,000$969,000
99c
SOFR+225 bpNov 21, 2029
Automobiles COP Collisionright Parent, LLCterm loan first lien$986,000$964,000
99c
SOFR+475 bpJan 29, 2030
Alliant Holdings Intermediate, LLC
Insurance Services
term loan first lien$975,000$961,000
98c
SOFR+250 bpSep 19, 2031
Inszone Mid, LLC
Insurance Services
term loan first lien$983,000$958,000
99c
SOFR+525 bpNov 30, 2029
Parexel International Corporation
Life Sciences Tools & Services
term loan first lien$937,000$937,000
100c
SOFR+250 bpDec 12, 2031
Eclipse Buyer, Inc.
Diversified Consumer Services
term loan first lien$943,000$928,000
99c
SOFR+450 bpSep 8, 2031
Chemicals Tank Holding Corp.term loan first lien$966,000$925,000
97c
SOFR+575 bpMar 31, 2028
IG Investment Holdings, LLC
Professional Services
term loan first lien$886,000$886,000
101c
SOFR+500 bpSep 22, 2028
Pharmaceuticals Real Chemistry Intermediate III, Inc.term loan first lien$900,000$886,000
99c
SOFR+450 bpApr 12, 2032
TA Polaris Buyer, Inc.
Health Care Providers & Services
term loan first lien$901,000$875,000
98c
SOFR+425 bpDec 12, 2032
Associations, Inc.
Real Estate Management & Development
term loan first lien$858,000$858,000
100c
SOFR+650 bpJul 3, 2028
Superman Holdings, LLC
Construction & Engineering
term loan first lien$863,000$856,000
100c
SOFR+450 bpAug 29, 2031
Cerity Partners, LLC
Financial Services
term loan first lien$800,000$796,000
100c
SOFR+450 bpJul 28, 2031
PerkinElmer U.S., LLC
Health Care Equipment & Supplies
term loan first lien$798,000$794,000
100c
SOFR+450 bpMar 13, 2029
Bullhorn, Inc.
Professional Services
term loan first lien$771,000$766,000
99c
SOFR+500 bpOct 1, 2029
Astra Service Partners, LLC
Commercial Services & Supplies
term loan first lien$770,000$764,000
100c
SOFR+450 bpNov 26, 2032
GarageCo Intermediate II, LLC
Diversified Consumer Services
term loan first lien$773,000$761,000
99c
SOFR+425 bpAug 2, 2032
EnergySolutions, LLC
Commercial Services & Supplies
term loan first lien$756,000$757,000
100c
SOFR+325 bpSep 20, 2030
Two Six Labs, LLC
Aerospace & Defense
term loan first lien$759,000$755,000
100c
SOFR+500 bpAug 20, 2030
Spark Buyer, LLC
Electrical Equipment
term loan first lien$770,000$710,000
93c
SOFR+525 bpOct 15, 2031
Consor Intermediate II, LLC
Commercial Services & Supplies
term loan first lien$701,000$701,000
101c
SOFR+450 bpMay 12, 2031
Corporation Service Company
Professional Services
term loan first lien$706,000$701,000
99c
SOFR+200 bpNov 2, 2029
Inhabitiq, Inc.
Real Estate Management & Development
term loan first lien$682,000$682,000
100c
SOFR+450 bpJan 12, 2032
Invictus Buyer, LLC
Health Care Providers & Services
term loan first lien$673,000$673,000
101c
SOFR+450 bpJun 3, 2031
Sonny's Enterprises, LLC
Automobile Components
term loan first lien$654,000$637,000
98c
SOFR+550 bpAug 5, 2028
Any Hour, LLC
Diversified Consumer Services
subordinated debt unsecured or subordinated$774,000$637,000
83c
13.00%
PIK 13.00%
May 23, 2031
High Street Buyer, Inc.
Insurance Services
term loan first lien$642,000$636,000
100c
SOFR+425 bpApr 14, 2028
Accordion Partners, LLC
Professional Services
term loan first lien$639,000$625,000
99c
SOFR+500 bpNov 17, 2031
Thrive Buyer, Inc. (Thrive Networks)
IT Services
term loan first lien$637,000$605,000
96c
SOFR+500 bp
PIK 2.50%
Feb 2, 2032
Tamarack Intermediate, LLC
Commercial Services & Supplies
term loan first lien$605,000$600,000
101c
SOFR+475 bpMar 12, 2029
Firebird Acquisition Corp, Inc.
Commercial Services & Supplies
term loan first lien$581,000$581,000
100c
SOFR+500 bp
PIK 2.75%
Feb 2, 2032
DCA Buyer, LLC
Health Care Providers & Services
term loan first lien$573,000$567,000
100c
8.75%Jun 2, 2031
Carr, Riggs and Ingram Capital, LLC
Professional Services
term loan first lien$568,000$564,000
100c
SOFR+450 bpNov 18, 2031
Software Espresso Bidco, Inc.term loan first lien$552,000$540,000
99c
SOFR+575 bp
PIK 3.13%
Mar 25, 2032
Blue River PetCare, LLC
Health Care Providers & Services
term loan first lien$537,000$532,000
99c
SOFR+500 bpAug 1, 2029
GTCR ABC Holdings, LLC
Financial Services
preferred equity equityn/a$508,000
100c
Apr 14, 2026
KWOR Acquisition, Inc.
Professional Services
term loan second lien$496,000$496,000
100c
9.92%
PIK 5.25%
Feb 28, 2030
Software GS AcquisitionCo, Inc.term loan first lien$487,000$457,000
94c
SOFR+525 bpMay 25, 2028
Sonny's Enterprises, LLC
Automobile Components
term loan first lien$464,000$449,000
98c
SOFR+550 bpAug 5, 2027
UHY Advisors, Inc.
Professional Services
term loan first lien$436,000$433,000
100c
SOFR+475 bpNov 21, 2031
Software Diligent Corporationterm loan first lien$442,000$421,000
96c
12.09%
PIK 8.42%
Aug 2, 2030
Tidi Legacy Products, Inc.
Health Care Equipment & Supplies
term loan first lien$360,000$360,000
101c
SOFR+450 bpDec 19, 2029
Bridgepointe Technologies, LLC
IT Services
term loan first lien$371,000$358,000
100c
SOFR+475 bpApr 18, 2033
NDT Global Holding, Inc.
Electronic Equipment, Instruments & Components
term loan first lien$366,000$353,000
98c
SOFR+450 bpJun 4, 2032
KWOR Acquisition, Inc.
Professional Services
subordinated debt unsecured or subordinated$527,000$345,000
65c
11.67%
PIK 8.00%
Feb 28, 2030
Leaf Home, LLC
Diversified Consumer Services
preferred equity equityn/a$331,000
122c
Sep 5, 2025
Routeware, Inc
Commercial Services & Supplies
term loan first lien$347,000$330,000
97c
SOFR+525 bpSep 18, 2031
Higginbotham Insurance Agency, Inc.
Insurance Services
term loan first lien$322,000$322,000
101c
SOFR+450 bpJun 11, 2031
CRCI Longhorn Holdings, Inc.
Commercial Services & Supplies
term loan first lien$309,000$309,000
101c
SOFR+475 bpAug 27, 2031
Deerfield Dakota Holding, LLC
Professional Services
term loan first lien$314,000$298,000
97c
SOFR+575 bp
PIK 2.75%
Sep 13, 2032
Iris Specialty Acquisition, LLC
Insurance Services
term loan first lien$297,000$295,000
101c
SOFR+450 bpNov 22, 2032
UHY Advisors, Inc.
Professional Services
term loan first lien$293,000$290,000
100c
SOFR+475 bpNov 21, 2031
PDI TA Holdings, Inc.
Consumer Staples Distribution & Retail
term loan first lien$304,000$289,000
96c
SOFR+600 bp
PIK 2.50%
Feb 3, 2031
Software Rivet Bidco Limitedterm loan first lien$292,000$285,000
100c
SOFR+450 bpApr 8, 2032
Any Hour, LLC
Diversified Consumer Services
term loan first lien$318,000$281,000
89c
SOFR+575 bp
PIK 3.25%
May 23, 2030
Pharmaceuticals Real Chemistry Intermediate III, Inc.term loan first lien$268,000$262,000
98c
SOFR+450 bpApr 12, 2032
FMG Suite Holdings, LLC
Interactive Media & Services
preferred equity equityn/a$256,000
96c
Sep 9, 2025
Railpros Parent, LLC
Commercial Services & Supplies
term loan first lien$252,000$250,000
101c
SOFR+425 bpMay 24, 2032
CSHC Buyerco, LLC
Health Care Equipment & Supplies
term loan first lien$235,000$231,000
100c
SOFR+500 bpApr 29, 2033
Mobile Communications America, Inc.
Wireless Telecommunication Services
term loan first lien$217,000$217,000
102c
SOFR+475 bpOct 16, 2029
Firebird Acquisition Corp, Inc.
Commercial Services & Supplies
term loan first lien$196,000$196,000
101c
SOFR+500 bp
PIK 2.75%
Feb 2, 2032
MRI Software, LLC
Real Estate Management & Development
term loan first lien$196,000$194,000
100c
SOFR+475 bpFeb 10, 2028
SV Newco 2, Inc.
Ground Transportation
term loan first lien$196,000$193,000
101c
SOFR+500 bpJun 2, 2031
Software Apryse Software Corp.term loan first lien$180,000$180,000
102c
SOFR+450 bpJun 28, 2032
Page 2 of 6PreviousNext
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