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.

S•••• P•••• C••••• I••••• F•••

Business development companymanaged by S•••• P•••• C••••• I••••• A•••••• L••Non-traded· GREENWICH, CT

A non-traded business development company, managed by S•••• P•••• C••••• I••••• A•••••• L••, holding $790M across 114 borrowers at Jun 30, 2026.

Composed from this BDC's filings and its latest schedule of investments.

Fair value
$790M
Schedule of investments, 10-Q and 10-K
Borrowers
114
Schedule of investments, 10-Q and 10-K
Mark on cost
99.2¢
Schedule of investments, 10-Q and 10-K
First lien
89%
Schedule of investments, 10-Q and 10-K
Schedule of investments (315)Quarter by quarterSponsors
As of · the latest schedule of investments read for this BDC

What matters now

  1. 1 below 80¢
    $5.09M principal

    1 position across 1 borrower marked below 80¢ on cost, $5.09M principal.

    Q2 2026 · Marks this low usually come before non-accrual or a restructuring.

    Derivedeach position's fair value over cost, 30 Jun 2026
  2. 103 → 114
    borrowers

    Added a net 11 borrowers in the quarter to Jun 30, 2026, to 114.

    Q2 2026 · The book is turning over faster than usual.

    Factthe schedule's borrowers, quarter on quarterSchedule of investments →
  3. $348M → $790M
    fair value, 4 quarters

    Its portfolio grew 127% at fair value over the last four quarters.

    Q2 2026 · A fast-growing book is deploying new capital.

    Factthe schedule's fair value, a year apartQuarter by quarter →
Every headline figure, and the identifiersCIK 2031283 · file 814-01783Show
Fair value
$790M
as of Jun 30, 2026
Principal held
$799M
debt pieces, the filer's figure
Cost
$793M
99c on cost, debt pieces
Unfunded
$233M
commitments not yet drawn
Positions
315
114 borrowers
First lien
89%
99% debt by fair value
Quarters on the tape
7
since Dec 31, 2024
Facilities held
225
17 sponsors financed
Portfolio through time
Fair value by quarter end$790M as of Jun 30, 2026
Dec 31, 2024$0 then
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Jun 30, 2026$790M11499c9490 bp
Mar 31, 2026$718M10399c8490 bp
Dec 31, 2025$600M106100c11493 bp
Sep 30, 2025$433M81100c0497 bp
All 8 quarters
QuarterFair valueBorrowersOn costPIK pos.Avg spread
Jun 30, 2025$348M67100c0500 bp
Mar 31, 2025$268M52100c0510 bp
Jan 21, 2025$01n/a0n/a
Dec 31, 2024$055n/a0n/a
Sponsors financed
No borrower on this schedule has a sponsor attribution yet.
What changed
Full timeline · 20 events
Every position change, including routine ones
Largest facilities held, with co-lenders
Schedule of investments at Dec 31, 2025
330 positions
BorrowerInstrumentPrincipalFair valueRateMaturity
B••••••••• B••••• L•••••revolver first lienNot disclosedNot disclosedS+450 bp
P•••• B•••••••• L••revolver first lienNot disclosedNot disclosedS+575 bp
A••••• I••••••••• H•••••••• L••delayed draw term loan first lienNot disclosedNot disclosedS+500 bp
T•••••••• I•••revolver first lienNot disclosedNot disclosed
S••••••• S••••• H••••••••• S•••••••• L••delayed draw term loan first lienNot disclosedNot disclosed
R•••••• S••••••• G••••• L••delayed draw term loan first lienNot disclosedNot disclosedS+525 bp
M••••• S••••••• L••delayed draw term loan first lienNot disclosedNot disclosed
C••••••••• B•••• I•••revolver first lienNot disclosedNot disclosedS+450 bp
A•••• I•••••••• S••••••• L••revolver first lienNot disclosedNot disclosedS+375 bp
C••••• E•••••••• C•• I• E••••• H••••••• F••••• B• L•••preferred equity equityNot disclosedNot disclosed
F•••••• S••••••• L••revolver first lienNot disclosedNot disclosedS+450 bp
M••• H•••••••• L••revolver first lienNot disclosedNot disclosedS+475 bp
R•• N••• P••••••••• L••revolver first lienNot disclosedNot disclosedS+500 bp
S•• H•••••• C••••••• I•••delayed draw term loan first lienNot disclosedNot disclosed
S••••••• S••••• H••••••••• S•••••••• L••revolver first lienNot disclosedNot disclosed
B••••• G••••• S••••••••• L••delayed draw term loan first lienNot disclosedNot disclosed
C••••• P•••••• E••••• B•••••delayed draw term loan first lienNot disclosedNot disclosed
C••••••••• B•••• I•••delayed draw term loan first lienNot disclosedNot disclosedS+450 bp
G••••• B••••••• L••delayed draw term loan first lienNot disclosedNot disclosedS+450 bp
S••• P••••••••• I••revolver first lienNot disclosedNot disclosedS+475 bp
W•••• I•••••••• A••••••••• L••revolver first lienNot disclosedNot disclosedS+500 bp
P•••••• P•••• P•••••••• L••revolver first lienNot disclosedNot disclosed
M••• C•••••• I• L••revolver first lienNot disclosedNot disclosedS+450 bp
L••••• B••••• L••revolver first lienNot disclosedNot disclosed
A•••••••• H••••••• L••revolver first lienNot disclosedNot disclosedS+500 bp
A•••••••• H••••••• L••delayed draw term loan first lienNot disclosedNot disclosedS+500 bp
A••• B••••• I•••delayed draw term loan first lienNot disclosedNot disclosed
A••• G••••• S••••••••• S•••••••• R••••notes lien unstatedNot disclosedNot disclosed
C••••• E•••••••• C•• I• L•••notes unsecured or subordinatedNot disclosedNot disclosed
R•• N••• P••••••••• L••revolver first lienNot disclosedNot disclosedS+500 bp
Page 4 of 4Previous
Registration
Fiscal year end
1231reported
Incorporated
DEreported
On the SEC BDC report
2025 to 2026reported
Filings listed
7reported10-Q and 10-K since 2022
Latest schedule
0002031283-26-000012reported