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.

Borrower

APCF SPV I

Professional Servicesgroup grade Con a schedule nowsponsor unattributed
Also written as: 20; Gas & Consumable Fuels Palmdale Oil; LLC BANK LNS: NCNA Inv; LLC BANK LNS: NCNA Inv Internet Software & Services Argano; LLC BANK LNS: NCNA Inv Internet Software & Services Dun & Bradstreet; LLC BANK LNS: NCNA Inv Internet Software & Services Power Digital; LLC BANK LNS: NCNA Inv IT Services GoldenSource; LLC BANK LNS: NCNA Inv IT Services Trace3 2025
Principal held
at least $944M
sum of BDC pieces, a lower bound
Fair value
$926M
99c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
3
0 equity pieces beside them
Next maturity
Dec 22, 2026
$97.3M inside 24 months
On the tape since
Dec 31, 2025
latest Jun 30, 2026
Events
1
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lienat least $882M99cSOFR+650 bp
PIK 3.54%
Jun 30, 20331
first lien delayed draw term loan first lienat least $61.9M95cSOFR+650 bp
PIK 3.54%
Nov 25, 20321
first lien revolver first lienat least $464,286100cSOFR+550 bpMay 31, 20331
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$1.9M$1.9M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type Unitranche DDTL Index S+ Spread 5.75% Interest Rate 9.48% Acquisition Date
$3.6M$3.6M
100c
SOFR+575 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$6.1M$6.1M
101c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$5.1M$5.1M
100c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition D
$4.0M$4.0M
100c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition
$5.7M$5.6M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.00% Interest Rate 7.73% Acquisition D
$3.7M$3.7M
100c
SOFR+400 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.50% Interest Rate 9.23% Acquisition D
$2.2M$2.2M
100c
SOFR+550 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 5.50% Interest Rate 9.23% Acquisition Date 1
$2.1M$2.1M
101c
SOFR+550 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$2.0M$2.0M
101c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$15.1M$15.1M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.50% Interest Rate 9.23% Acquisition D
$4.0M$4.0M
100c
SOFR+550 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$5.7M$5.7M
101c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$5.5M$5.5M
101c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 6.00% Interest Rate 9.73% Acquisition
$6.3M$6.3M
100c
SOFR+600 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$4.2M$4.1M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition D
$13.7M$13.7M
100c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition D
$2.0M$2.0M
99c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition
$9.2M$9.1M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.50% Interest Rate 9.23% Acquisition D
$4.9M$4.8M
99c
SOFR+550 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.75% Interest Rate 9.48% Acquisition D
$6.0M$5.9M
102c
SOFR+575 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 5.00% Interest Rate 8.73% Acquisition Date 1
$0$0
0c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Instruments & Components TRG Solutions Investment Type Unitranche Term Loan Index S+ Sprea
$8.1M$8.0M
100c
SOFR+450 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 5.25% Interest Rate 8.98% Acquisition Date 1
$0$0
0c
SOFR+525 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.50% Interest Rate 9.23% Acquisition D
$4.3M$4.2M
100c
SOFR+550 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 3.75% Interest Rate 7.48% Acquisition Date 5
$95,355$95,116
100c
SOFR+375 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 3.75% Interest Rate 7.48% Acquisition D
$57,731$57,586
100c
SOFR+375 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 3.75% Interest Rate 7.48% Acquisition D
$1.5M$1.5M
100c
SOFR+375 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$934,107$931,772
101c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$8.2M$8.2M
101c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition
$24.9M$24.9M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$8.1M$8.1M
100c
SOFR+500 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type Unitranche DDTL Index S+ Spread 4.75% Interest Rate 8.48% Acquisition Date
$637,290$637,290
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition
$6.7M$6.7M
101c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition
$3.2M$3.2M
100c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.25% Interest Rate 8.98% Acquisition D
$9.1M$9.0M
100c
SOFR+525 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$617,021$612,394
100c
SOFR+475 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 5.50% Interest Rate 9.23% Acquisition Date 5
$0$0
0c
SOFR+550 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.50% Interest Rate 9.23% Acquisition
$18.6M$18.6M
101c
SOFR+550 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$14.0M$14.0M
101c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 0.00% Interest Rate 3.54% PIK Acquisi
$13.1M$6.6M
52c
SOFR+0 bp
PIK 3.54%
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$8.7M$8.7M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition D
$8.7M$8.7M
100c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.25% Interest Rate 7.98% Acquisition
$3.3M$3.3M
101c
SOFR+425 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.50% Interest Rate 9.23% Acquisition
$14.1M$13.9M
101c
SOFR+550 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$8.0M$8.0M
101c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.00% Interest Rate 7.73% Acquisition D
$3.0M$3.0M
101c
SOFR+400 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition
$8.6M$8.6M
101c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.25% Interest Rate 7.98% Acquisition D
$3.5M$3.5M
100c
SOFR+425 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition D
$2.0M$2.0M
100c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.25% Interest Rate 7.98% Acquisition
$4.1M$4.1M
101c
SOFR+425 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 4.75% Interest Rate 8.48% Acquisition Date 4
$2.0M$2.0M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$4.9M$4.8M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition D
$9.9M$8.5M
95c
SOFR+450 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 5.18% Interest Rate 8.92% Acquisition Date 1
$8.0M$8.0M
100c
SOFR+518 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Term Loan Index S+ Spread 5.18% Interest Rate 8.92% Acq
$14.3M$14.3M
100c
SOFR+518 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition D
$1.7M$1.7M
101c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$15.1M$15.1M
100c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$94,800$94,089
99c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition D
$498,750$495,009
100c
SOFR+450 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type Unitranche DDTL Index S+ Spread 0.00% Interest Rate 3.54% PIK Acquisition
$6.2M$3.1M
52c
SOFR+0 bp
PIK 3.54%
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition
$7.7M$7.7M
101c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.25% Interest Rate 7.98% Acquisition D
$2.0M$2.0M
100c
SOFR+425 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type Unitranche DDTL Index S+ Spread 6.00% Interest Rate 9.73% Acquisition Date
$605,607$601,065
101c
SOFR+600 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$4.1M$4.0M
99c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$5.1M$5.1M
101c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 3.75% Interest Rate 7.48% Acquisition D
$3.6M$3.5M
100c
SOFR+375 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition
$3.1M$3.1M
100c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$12.2M$12.1M
100c
SOFR+500 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type Unitranche DDTL Index S+ Spread 4.75% Interest Rate 8.48% Acquisition Date
$1.0M$1.0M
101c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.25% Interest Rate 7.98% Acquisition
$5.1M$5.1M
100c
SOFR+425 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition
$12.4M$12.4M
101c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.50% Interest Rate 9.23% Acquisition D
$4.5M$4.5M
100c
SOFR+550 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 5.00% Interest Rate 8.73% Acquisition Date 1
$4.2M$4.2M
101c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition
$20.7M$20.7M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type Unitranche DDTL Index S+ Spread 5.75% Interest Rate 9.48% Acquisition Date
$3.3M$3.3M
100c
SOFR+575 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition D
$2.0M$2.0M
102c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition D
$4.9M$4.8M
100c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$16.9M$16.9M
102c
SOFR+500 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 5.50% Interest Rate 9.23% Acquisition Date 1
$41,057$27,172
66c
SOFR+550 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.00% Interest Rate 7.73% Acquisition
$3.6M$3.6M
99c
SOFR+400 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition D
$9.4M$9.4M
103c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition D
$0$0
0c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$2.4M$2.4M
100c
SOFR+500 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 4.50% Interest Rate 8.23% Acquisition Date 1
$3.8M$3.8M
100c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition
$12.4M$12.4M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type Unitranche DDTL Index S+ Spread 5.00% Interest Rate 8.73% Acquisition Date
$0$0
0c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$5.8M$5.8M
99c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition D
$3.8M$3.8M
105c
SOFR+500 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type Unitranche DDTL Index S+ Spread 4.75% Interest Rate 8.48% Acquisition Date
$6.3M$6.3M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type Unitranche DDTL Index S+ Spread 4.50% Interest Rate 8.23% Acquisition Date
$1.6M$1.6M
100c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Prime Electric Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.
$1.5M$1.5M
101c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition D
$3.7M$3.6M
100c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.25% Interest Rate 8.98% Acquisition
$4.1M$4.1M
101c
SOFR+525 bp
Audax Private Credit Fund, LLCrevolver first lien
Investment Type 1st Lien Revolver Index S+ Spread 5.50% Interest Rate 9.23% Acquisition Da
$464,286$459,643
100c
SOFR+550 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$4.1M$4.0M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.00% Interest Rate 7.73% Acquisition D
$2.0M$2.0M
100c
SOFR+400 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.75% Interest Rate 9.48% Acquisition
$19.5M$19.5M
100c
SOFR+575 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 6.50% Interest Rate 10.23% Acquisitio
$5.8M$5.8M
100c
SOFR+650 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition D
$4.5M$4.5M
102c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition
$6.2M$6.1M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$8.2M$8.1M
101c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition
$395,925$395,925
101c
SOFR+475 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 4.75% Interest Rate 8.48% Acquisition Date 2
$0$0
0c
SOFR+475 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 4.25% Interest Rate 7.98% Acquisition Date 1
$0$0
0c
SOFR+425 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type Unitranche DDTL Index S+ Spread 5.00% Interest Rate 8.73% Acquisition Date
$1.5M$1.5M
101c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$2.7M$2.7M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition D
$7.5M$7.4M
100c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$1.2M$1.2M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$14.7M$14.6M
99c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition
$24.8M$24.8M
100c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.25% Interest Rate 8.98% Acquisition
$11.6M$11.6M
101c
SOFR+525 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$9.7M$9.6M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.25% Interest Rate 7.98% Acquisition D
$1.3M$1.3M
101c
SOFR+425 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition D
$8.2M$8.2M
102c
SOFR+500 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 4.50% Interest Rate 8.23% Acquisition Date 2
$0$0
0c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition D
$2.8M$2.8M
101c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Industry & Valor PayTech Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest
$2.6M$2.6M
101c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition
$9.9M$9.9M
101c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$2.0M$2.0M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$8.9M$8.9M
101c
SOFR+500 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 4.75% Interest Rate 8.48% Acquisition Date 1
$0$0
0c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 6.00% Interest Rate 9.73% Acquisition
$22.9M$22.9M
100c
SOFR+600 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$1.9M$1.9M
101c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.50% Interest Rate 9.23% Acquisition D
$1.8M$1.8M
100c
SOFR+550 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.25% Interest Rate 8.98% Acquisition
$5.8M$5.8M
102c
SOFR+525 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 6.00% Interest Rate 9.73% Acquisition
$3.0M$2.9M
100c
SOFR+600 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$4.2M$4.2M
101c
SOFR+475 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type Unitranche DDTL Index S+ Spread 5.25% Interest Rate 8.98% Acquisition Date
$1.3M$1.3M
101c
SOFR+525 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition
$2.9M$2.9M
101c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.50% Interest Rate 9.23% Acquisition
$4.2M$4.2M
101c
SOFR+550 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition D
$4.5M$4.4M
100c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 3.25% Interest Rate 6.98% Acquisition D
$1.2M$1.2M
100c
SOFR+325 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition D
$13.4M$13.4M
100c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition
$3.7M$3.7M
100c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.50% Interest Rate 9.23% Acquisition
$14.9M$14.9M
100c
SOFR+550 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition D
$2.1M$2.1M
100c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$6.3M$6.3M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.50% Interest Rate 9.23% Acquisition D
$4.2M$4.2M
102c
SOFR+550 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.50% Interest Rate 9.23% Acquisition D
$12.9M$8.5M
66c
SOFR+550 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$7.1M$7.1M
102c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition D
$3.4M$3.4M
100c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.25% Interest Rate 8.98% Acquisition D
$6.5M$6.4M
99c
SOFR+525 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition
$11.1M$11.1M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition
$647,242$647,242
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.00% Interest Rate 7.73% Acquisition D
$4.0M$3.9M
101c
SOFR+400 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.50% Interest Rate 9.23% Acquisition D
$3.1M$3.1M
100c
SOFR+550 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type Unitranche DDTL Index S+ Spread 6.50% Interest Rate 10.23% Acquisition Dat
$1.0M$1.0M
100c
SOFR+650 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition
$4.7M$4.7M
100c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.50% Interest Rate 9.23% Acquisition
$5.0M$5.0M
101c
SOFR+550 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.00% Interest Rate 7.73% Acquisition D
$905,235$827,385
104c
SOFR+400 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type Unitranche DDTL Index S+ Spread 5.00% Interest Rate 8.73% Acquisition Date
$5.6M$5.5M
101c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition D
$4.8M$4.8M
100c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acq
$2.0M$2.0M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition
$844,076$837,745
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$3.7M$3.7M
101c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.50% Interest Rate 9.23% Acquisition D
$5.5M$5.5M
101c
SOFR+550 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.00% Interest Rate 7.73% Acquisition D
$3.0M$3.0M
100c
SOFR+400 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 4.50% Interest Rate 8.23% Acquisition Date 1
$0$0
0c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition
$6.1M$6.1M
100c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition
$11.4M$11.4M
101c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.75% Interest Rate 8.48% Acquisition D
$1.2M$1.1M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.25% Interest Rate 8.98% Acquisition D
$1.6M$1.6M
100c
SOFR+525 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition D
$7.4M$7.3M
100c
SOFR+500 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type Unitranche DDTL Index S+ Spread 5.00% Interest Rate 8.73% Acquisition Date
$4.7M$4.7M
101c
SOFR+500 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 5.75% Interest Rate 9.48% Acquisition
$7.0M$7.0M
100c
SOFR+575 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition D
$6.0M$6.0M
101c
SOFR+500 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 4.75% Interest Rate 8.48% Acquisition Date 1
$0$0
0c
SOFR+475 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type Unitranche DDTL Index S+ Spread 4.50% Interest Rate 8.23% Acquisition Date
$0$0
0c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type Unitranche Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition
$6.3M$6.3M
101c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.00% Interest Rate 8.73% Acquisition D
$2.5M$2.5M
101c
SOFR+500 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 6.00% Interest Rate 9.73% Acquisition Date 1
$1.0M$923,035
95c
SOFR+600 bp
Audax Private Credit Fund, LLCdelayed draw term loan first lien
Investment Type 1st Lien DDTL Index S+ Spread 4.75% Interest Rate 8.48% Acquisition Date 0
$3.1M$3.1M
100c
SOFR+475 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 4.50% Interest Rate 8.23% Acquisition D
$6.0M$6.0M
101c
SOFR+450 bp
Audax Private Credit Fund, LLCterm loan first lien
Investment Type 1st Lien Term Loan Index S+ Spread 5.25% Interest Rate 8.98% Acquisition D
$1.4M$1.4M
100c
SOFR+525 bp
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20261$944M$926M99c2
Dec 31, 20251$785M$769M99c2
What changed
Identity
Group key
APCF SPV Iderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 1 BDCderived
Industry
Professional Servicesreportedas one filer wrote it