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
M••••••• C•••••••• L•••••• I••••• F•••• I•••
Fair value
$605M
as of Jun 30, 2026
Principal held
$98.5M
debt pieces, the filer's figure
Cost
$497M
122c on cost
Unfunded
n/a
commitments not yet drawn
Positions
118
26 borrowers
First lien
27%
39% debt by fair value
Quarters on the tape
6
since Dec 31, 2024
Facilities held
33
3 sponsors financed
Portfolio through time
Fair value by quarter end$605M as of Jun 30, 2026
Dec 31, 2024$554M then
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2026 | $605M | 26 | 101c | 4 | n/a |
| Mar 31, 2026 | $579M | 65 | 100c | 3 | n/a |
| Dec 31, 2025 | $677M | 57 | 102c | 3 | n/a |
| Sep 30, 2025 | $444M | 28 | 101c | 2 | n/a |
| Jun 30, 2025 | $432M | 25 | 101c | 2 | n/a |
| Dec 31, 2024 | $554M | 24 | 100c | 2 | 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
- New borrower on a BDC scheduleJun 30, 2026
- Marked down (one lender)Jun 30, 2026
- Maturity shortened (observed)Jun 30, 2026
- New borrower on a BDC scheduleMar 31, 2026
- New borrower on a BDC scheduleMar 31, 2026
- New lender joined a facilityMar 31, 2026
- New borrower on a BDC scheduleMar 31, 2026
- New lender joined a facilityMar 31, 2026
- New borrower on a BDC scheduleMar 31, 2026
- New borrower on a BDC scheduleMar 31, 2026
- New borrower on a BDC scheduleMar 31, 2026
- New borrower on a BDC scheduleMar 31, 2026
- New borrower on a BDC scheduleMar 31, 2026
- New borrower on a BDC scheduleMar 31, 2026
- New borrower on a BDC scheduleMar 31, 2026
- New lender joined a facilityMar 31, 2026
- New lender joined a facilityMar 31, 2026
- New borrower on a BDC scheduleMar 31, 2026
- New borrower on a BDC scheduleMar 31, 2026
- New borrower on a BDC scheduleMar 31, 2026
Largest facilities held, with co-lenders
- T••••••••• E•••••••• A•• first lien term loan1 BDC hold it · matures Feb 6, 2030$17.5M 102c
- H••••••••• first lien term loan1 BDC hold it · matures Jan 30, 2031$6.5M 102c
- P•• W•••••••• T• first lien term loan1 BDC hold it · matures Mar 19, 2029$5.8M 101c
- C••••••• C••••• f•• A••••• S•••••••• L•• first lien term loan1 BDC hold it · matures Nov 21, 2027$5.6M 102c
- P••••• L•• first lien term loan3 BDCs hold it · matures May 22, 2031$4.6M 100c
- T••••••••• E•••••••• A•• preferred equity1 BDC hold it$2.6M 113c
- B••••••• M•••••••• • T•••• B••••••• P•••••••• L•• first lien term loan1 BDC hold it · matures Sep 20, 2030$1.5M 99c
- C••••••• C••••• f•• A••••• S•••••••• L•• first lien delayed draw term loan1 BDC hold it · matures Nov 21, 2027$1.4M 103c
- F••• I••••••••• I•• first lien term loan4 BDCs hold it · matures Jun 27, 2031$1.2M 99c
- C••••••••• • V•••••• O•••••••• C• first lien term loan1 BDC hold it · matures Nov 29, 2030$1.2M 94c
- F••• first lien term loan4 BDCs hold it · matures Nov 30, 2032$1.0M 100c
- N•••• T•••••• L•• first lien term loan2 BDCs hold it · matures Jan 30, 2032$1.0M 100c
Schedule of investments at Jun 30, 2026
118 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| Investments - non-controlled/non-affiliated - C•••••••• Bond | notes lien unstated | $350,000 | $354,410 98c | 7.88% | Nov 1, 2029 |
| Investments - non-controlled/non-affiliated - C•••••••• Bond | notes lien unstated | $325,000 | $339,524 104c | 9.38% | Sep 1, 2029 |
| Investments - non-controlled/non-affiliated - Equity Investm Diversified Support Services | preferred equity equity | n/a | $309,312 62c | ||
| P•• H•••••••• L•• Diversified Support Services | preferred equity equity | $495,570 | $309,312 62c | 8.00% | |
| Investments - non-controlled/non-affiliated - C•••••••• Bond | notes lien unstated | $325,000 | $296,633 93c | 4.25% | Feb 15, 2029 |
| Investments - non-controlled/non-affiliated - C•••••••• Bond | notes lien unstated | $294,990 | $294,621 101c | 9.25% PIK 1.00% | Mar 9, 2030 |
| Investments - non-controlled/non-affiliated - Telecommunicat Telecommunications | unstated lien unstated | n/a | $294,621 101c | ||
| Investments - non-controlled/non-affiliated - C•••••••• Bond | notes lien unstated | $300,000 | $268,500 101c | 8.75% | Apr 17, 2032 |
| T••••••••• E•••••••• A••/Rail | warrants equity | n/a | $256,052 | ||
| Investments - non-controlled/non-affiliated - Warrants | warrants equity | n/a | $256,052 | ||
| T••••••••• E•••••••• A••/Rail - Guardian Fleet Services, Inc. | warrants equity | $241,912 | $256,052 | ||
| Investments - non-controlled/non-affiliated - C•••••••• Bond | notes lien unstated | $250,000 | $242,843 98c | 6.50% | Mar 31, 2029 |
| Investments - non-controlled/non-affiliated - C•••••••• Bond | notes lien unstated | $200,000 | $202,728 101c | 7.00% | Jul 15, 2032 |
| Investments - non-controlled/non-affiliated - C•••••••• Bond | notes lien unstated | $200,000 | $194,004 100c | 4.25% | Oct 1, 2027 |
| C•••••• G•••• • R••••••••• P••••• L•• | term loan first lien | $152,174 | $151,809 100c | 6.42% | Feb 28, 2033 |
| F•••/Beverage/Tobacco - Savor Acquisition Inc. | term loan first lien | $46,647 | $46,868 100c | 6.92% | Feb 19, 2032 |
| Investments - non-controlled/non-affiliated - Warrants - Div Diversified Financial Services | warrants equity | n/a | n/a | ||
| PayArc Holdings, LLC Diversified Financial Services | warrants equity | $88,718 | n/a | May 22, 2036 |
Page 2 of 2Previous
Registration
- Fiscal year end
- 1231reported
- Incorporated
- DEreported
- On the SEC BDC report
- 2024 to 2026reported
- Filings listed
- 12reported10-Q and 10-K since 2022
- Former names
- Muzinich Direct Lending Income Fund, Inc.reported
- Latest schedule
- 0001213900-26-089203reported