DFX Intelligence
The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Credit Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.
A•••••• S•••••••• C••••• F•••
A non-traded business development company, managed by A•••••• C•••••• C••••• A••••••• L••, holding $4.6B across 445 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
- $4.6B
- Borrowers
- 445
- Mark on cost
- 99.0¢
- First lien
- 96%
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
- 11 below 80¢$33.4M principal
11 positions across 11 borrowers marked below 80¢ on cost, $33.4M principal.
Q2 2026 · Marks this low usually come before non-accrual or a restructuring.
Derivedeach position's fair value over cost, 30 Jun 2026 - 36 → 39loans paying in kind
Loans paying in kind rose from 36 to 39 positions in the quarter to Jun 30, 2026.
Q2 2026 · Borrowers paying interest in more debt rather than cash is an early sign of strain.
- $3.2B → $4.6Bfair value, 4 quarters
Its portfolio grew 46% at fair value over the last four quarters.
Q2 2026 · A fast-growing book is deploying new capital.
Every headline figure, and the identifiersCIK 1993402 · file 814-01700ShowHide
Fair value
$4.6B
as of Jun 30, 2026
Principal held
$5.5B
debt pieces, the filer's figure
Cost
$4.7B
99c on cost, debt pieces
Unfunded
$992M
commitments not yet drawn
Positions
1,488
445 borrowers
First lien
96%
96% debt by fair value
Quarters on the tape
10
since Mar 31, 2024
Facilities held
939
70 sponsors financed
Portfolio through time
Fair value by quarter end$4.6B as of Jun 30, 2026
Mar 31, 2024$2.5B then
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2026 | $4.6B | 445 | 99c | 39 | 469 bp |
| Mar 31, 2026 | $4.5B | 452 | 99c | 36 | 467 bp |
| Dec 31, 2025 | $4.7B | 450 | 100c | 37 | 472 bp |
| Sep 30, 2025 | $3.6B | 418 | 100c | 29 | 469 bp |
All 10 quartersShow fewer
| Quarter | Fair value | Borrowers | On cost | PIK pos. | Avg spread |
|---|---|---|---|---|---|
| Jun 30, 2025 | $3.2B | 428 | 100c | 33 | 477 bp |
| Mar 31, 2025 | $13B | 404 | 100c | 25 | 484 bp |
| Dec 31, 2024 | $12B | 372 | 100c | 13 | 505 bp |
| Sep 30, 2024 | $7.8B | 359 | 100c | 17 | 517 bp |
| Jun 30, 2024 | $5.5B | 342 | 100c | 16 | 516 bp |
| Mar 31, 2024 | $2.5B | 278 | 100c | 16 | 556 bp |
Sponsors financed
No borrower on this schedule has a sponsor attribution yet.
What changed
- Repeat sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
Full timeline · 20 eventsShow fewer
- Repeat sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- New borrower on a BDC scheduleJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- New sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
- Repeat sponsor and lender pairJun 30, 2026
Largest facilities held, with co-lenders
- C•• P•••••• I•• first lien term loan2 BDCs hold it · matures Dec 7, 2028$51.1M 100c
- I••••••••• P•••• S••••••• H•••••••• I•• first lien term loan4 BDCs hold it · matures Nov 22, 2031 · possible sponsor S••••••••• C•••••• P•••••••$48.1M 99c
- M••••••• B•••• I•• first lien term loan9 BDCs hold it · matures Dec 2, 2031$47.3M 99c
- N• K••••• B••••• I•• first lien term loan3 BDCs hold it · matures Jan 31, 2033 · possible sponsor C••••••• C•••••• M••••••••• L••$46.5M 100c
- W••••• E••••••••• G••••• L•• first lien delayed draw term loan8 BDCs hold it · matures Oct 4, 2028 · possible sponsor L•••••••• C•••••• L••$43.3M 100c
- E•••••• H•••••••• I•• first lien term loan18 BDCs hold it · matures Dec 20, 2032 · possible sponsor V•••••• C•••••• L••$42.5M 99c
- K••• A••••••••• I•• first lien delayed draw term loan3 BDCs hold it · matures Dec 12, 2029 · possible sponsor K••••••• • C••••••$40.7M 99c
- O••••••••• L•• first lien term loan25 BDCs hold it · matures Dec 23, 2032 · possible sponsor F•••••••• P•••••••$38.5M 99c
- G•• H••••••• L•• first lien term loan2 BDCs hold it · matures Oct 18, 2030$38.4M 100c
- V••••• M•••• H•••••••• L•• first lien term loan25 BDCs hold it · matures Nov 3, 2032$37.8M 100c
- C••••• P••••••• E••••• H•••••• L•• first lien term loan5 BDCs hold it · matures Jul 28, 2031$37.3M 99c
- A••••••••• G•••••• L•• first lien term loan3 BDCs hold it · matures Oct 25, 2032$36.3M 99c
Schedule of investments at Mar 31, 2024
671 positions
| Borrower | Instrument | Principal | Fair value | Rate | Maturity |
|---|---|---|---|---|---|
| U••••••• B•••• G•••• M•••• L•• F••• P••••••• | revolver first lien | $373,000 | -$2,000 100c | S+625 bp | Aug 13, 2027 |
| W•• H•••••• C•••• C••••••••• S••••••s and S••••••• | revolver first lien | $189,000 | -$2,000 200c | S+500 bp | Jan 3, 2025 |
| P•••••••• F••••• O••••• L•• Capital M•••••• | delayed draw term loan first lien | $285,000 | -$2,000 67c | S+675 bp | May 15, 2029 |
| V•• I••••••••• H•••••••• L•• | revolver lien unstated | Not disclosed | -$2,000 | ||
| B••••• B••••• I•• | revolver lien unstated | Not disclosed | -$2,000 | ||
| K•• P••••• H•••••••• I••• S••••••• | revolver first lien | $403,000 | -$2,000 67c | S+600 bp | Jul 17, 2026 |
| P•••••••• F••••• O••••• L•• | delayed draw term loan lien unstated | Not disclosed | -$2,000 | ||
| C••• H•••••••• L•• D••••••••• Financial S••••••s | revolver first lien | $191,000 | -$2,000 67c | S+450 bp | Nov 2, 2027 |
| W•• H•••••• C••• | revolver lien unstated | Not disclosed | -$2,000 | ||
| C••• H•••••••• L•• | revolver lien unstated | Not disclosed | -$2,000 | ||
| V•• I••••••••• H•••••••• L•• D••••••••• C••••••• S••••••s | revolver first lien | $223,000 | -$2,000 | S+575 bp | Dec 1, 2027 |
| K••• A••••••••• I•• | revolver lien unstated | Not disclosed | -$2,000 | ||
| K•• P••••• H•••••••• I•• | revolver lien unstated | Not disclosed | -$2,000 | ||
| U••••••• B•••• G•••• M•••• L•• | revolver lien unstated | Not disclosed | -$2,000 | ||
| J••• H••••••• L•• | revolver lien unstated | Not disclosed | -$3,000 | ||
| A•• G•••• H•••••••• I•• | revolver lien unstated | Not disclosed | -$3,000 | ||
| P••••• L•• L•• | delayed draw term loan lien unstated | Not disclosed | -$3,000 | ||
| C••••• B•••••• A••••••• L•• | revolver lien unstated | Not disclosed | -$3,000 | ||
| O••••• P••••••••• S•••••••• L•• H••••••••• P•••••••• and S••••••s | revolver first lien | $297,000 | -$3,000 75c | S+525 bp | May 2, 2028 |
| I••••••••• P•••• S••••••• H•••••••• I••• | revolver lien unstated | Not disclosed | -$3,000 | ||
| O••••• P••••••••• S•••••••• L•• | revolver lien unstated | Not disclosed | -$3,000 | ||
| P••••• L•• L•• P••••••••• S••••••s | delayed draw term loan first lien | $250,000 | -$3,000 150c | S+600 bp | Jul 17, 2030 |
| P•••• I••••••••• I••• L•• | revolver lien unstated | Not disclosed | -$3,000 | ||
| L••••• B•••• L•• S••••••• | revolver first lien | $252,000 | -$4,000 400c | S+575 bp | May 31, 2025 |
| L••••• B•••• L•• | revolver lien unstated | Not disclosed | -$4,000 | ||
| M••••••••• I••••••••• I••• S••••••• | revolver first lien | $537,000 | -$5,000 83c | S+475 bp | Aug 21, 2026 |
| H••••• T••• C••••••• L•• | revolver lien unstated | Not disclosed | -$5,000 | ||
| K••• B••••• L•• | revolver lien unstated | Not disclosed | -$5,000 | ||
| K••• B••••• L••• S••••••• | revolver first lien | $365,000 | -$5,000 83c | S+500 bp | Jan 27, 2026 |
| A•• G•••• H•••••••• I•• | delayed draw term loan lien unstated | Not disclosed | -$5,000 | ||
| S••••••• A• B••••• L•• H•••••, R••••••••• and L•••••• | revolver first lien | $490,000 | -$5,000 83c | S+600 bp | Mar 2, 2026 |
| S••••••• A• B••••• L•• | revolver lien unstated | Not disclosed | -$5,000 | ||
| M••••••••• I••••••••• I•• | revolver lien unstated | Not disclosed | -$5,000 | ||
| H••••• T••• C••••••• L•• I••••••••• C••••••••• | revolver first lien | $414,000 | -$5,000 31c | S+550 bp | Oct 26, 2027 |
| R•• A••••••••• L•• | delayed draw term loan lien unstated | Not disclosed | -$6,000 | ||
| K••••• I••• M•••• | revolver first lien | $813,000 | -$6,000 | S+450 bp | Mar 31, 2026 |
| R•• A••••••••• L•• D••••••••• Financial S••••••s | delayed draw term loan first lien | $771,000 | -$6,000 86c | S+575 bp | Aug 31, 2030 |
| D••••••• G•••• H•••••••• I•• | revolver lien unstated | Not disclosed | -$6,000 | ||
| D••••••• G•••• H•••••••• I••• M•••••••• | revolver first lien | $1.2M | -$6,000 | S+450 bp | Jun 30, 2026 |
| K••••• I•• | revolver lien unstated | Not disclosed | -$6,000 | ||
| A••• S•••••• P•••••••• L•• | delayed draw term loan lien unstated | Not disclosed | -$8,000 | ||
| W•• U•• H•••••• I•• | delayed draw term loan lien unstated | Not disclosed | -$8,000 | ||
| D• A•••••• B••••• L•• | revolver lien unstated | Not disclosed | -$9,000 | ||
| D• A•••••• B••••• L••• S••••••• | revolver first lien | $218,000 | -$9,000 150c | S+650 bp | Mar 16, 2026 |
| F••••••• F•••••••• G••••• L•• | revolver lien unstated | Not disclosed | -$9,000 | ||
| F••••••• F•••••••• G••••• L•• D••••••••• Financial S••••••s | revolver first lien | $712,000 | -$9,000 75c | S+550 bp | Sep 30, 2027 |
| V••••• M•••• H•••••••• L•• | delayed draw term loan lien unstated | Not disclosed | -$10,000 | ||
| V•• I••••••••• H•••••••• L•• | delayed draw term loan lien unstated | Not disclosed | -$14,000 | ||
| M••••••• A••••••••• I•• | revolver lien unstated | Not disclosed | -$15,000 | ||
| M••••••• A••••••••• I••• D••••••••• Financial S••••••s | revolver first lien | $482,000 | -$15,000 150c | S+375 bp | Mar 27, 2026 |
| K••• A••••••••• I•• | delayed draw term loan lien unstated | Not disclosed | -$17,000 | ||
| M••••• B••••• I•• | revolver lien unstated | Not disclosed | -$18,000 | ||
| M••••• B••••• I••• M•••••••• | revolver first lien | $598,000 | -$18,000 257c | S+375 bp | Dec 14, 2026 |
| O••••••••• L•• | revolver lien unstated | Not disclosed | -$33,000 | ||
| O••••••••• L•• IT S••••••s | revolver first lien | $3.3M | -$33,000 | S+525 bp | Sep 25, 2025 |
| T•••• U••••••• C••••••••• | unstated lien unstated | Not disclosed | -$241,000 | ||
| I•••••• 3•• L•• | revolver lien unstated | Not disclosed | Not disclosed | ||
| I••••••••• P••••••• L•• | delayed draw term loan lien unstated | Not disclosed | Not disclosed | ||
| I•••••••• M•••••••• A••••••••• L•• I•••••••• | revolver first lien | $122,000 | Not disclosed n/a | S+650 bp | Aug 27, 2026 |
| V••••• G•••• H••••••• L•• D••••••••• C••••••• S••••••s | delayed draw term loan unsecured or subordinated | Not disclosed | Not disclosed | PIK 13.75% | Aug 31, 2030 |
| M• I••••••• H•••••••• I••• | delayed draw term loan lien unstated | Not disclosed | Not disclosed | ||
| H•••••• B••••• L•• | revolver lien unstated | Not disclosed | Not disclosed | ||
| N•••• S••• A••••••••• L•• S••••••• | revolver first lien | $521,000 | Not disclosed | S+500 bp | May 3, 2029 |
| m•••••••• H•••••••• L•• | revolver lien unstated | Not disclosed | Not disclosed | ||
| H••••••• B••••••• L•• | revolver lien unstated | Not disclosed | Not disclosed | ||
| n••••••• M•••••••• A••••••••• L•• | revolver lien unstated | Not disclosed | Not disclosed | ||
| P•••••••• F••••• O••••• L•• Capital M•••••• | delayed draw term loan first lien | Not disclosed | Not disclosed | S+675 bp | May 15, 2029 |
| H•••••• B••••• L•• | delayed draw term loan lien unstated | Not disclosed | Not disclosed | ||
| P•••• P••••• C•• I•• S••••••• | delayed draw term loan first lien | $1.0M | Not disclosed | S+600 bp | Sep 19, 2028 |
| U••• M••••••••• L•• H••••••••• P•••••••• and S••••••s | delayed draw term loan first lien | Not disclosed | Not disclosed | S+613 bp | Dec 23, 2027 |
| P••••• H••••• I••••••••• H•••••••• I••• I•••••••• | revolver first lien | $163,000 | Not disclosed | S+650 bp | Jun 1, 2029 |
Page 7 of 7Previous
Registration
- Fiscal year end
- 1231reported
- Incorporated
- DEreported
- On the SEC BDC report
- 2024 to 2026reported
- Filings listed
- 10reported10-Q and 10-K since 2022
- Latest schedule
- 0001193125-26-349216reported