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.
Borrower
H•• I••••••••• L••••••
Insurancegroup grade Aon a schedule nowsponsor unattributed
Also written as: Emerald JV LP; Verdelite JV LP
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
101¢ · 100¢ · 101¢ · 100¢ · 100¢Q2 2025 to Q2 2026
Where each lender marks it, 3 points apart
99¢102¢
Principal held
at least $88.0M
sum of BDC pieces, a lower bound
Fair value
$88.2M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
16
8 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Jun 1, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
3
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2026, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| B••••••••• P•••••• C••••• F••• | $26.9M | 100¢ | 0 pts |
| H•• C•••••••• L•••••• F••• | $22.1M | 102¢ | 0 pts |
| G•••••• S•••• P•••••• C••••• C•••• | $17.6M | 100¢ | +1 pts |
| H•• C•••••••• C•••••• S•••••••• F••• | $7.98M | 100¢ | 0 pts |
| G•••• C•••••• P•••••• C••••• F••• | $6.94M | 100¢ | 0 pts |
View all 8 lendersShow fewerlargest exposure first
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| N•••• H•••• P•••••• I••••• F••• L•• | $4.18M | 100¢ | 0 pts |
| B•••••••• P•••••• C••••• F••• | $1.86M | 100¢ | 0 pts |
| N•••• H•••• P•••••• I••••• F••• A• L•• | $418K | 99¢ | 0 pts |
Every BDC piece · 11 positions across 8 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••••••••• P•••••• C••••• F••• | unstated lien unstated | $23.6M | $23.6M 100c | S+225 bp |
| G•••••• S•••• P•••••• C••••• C•••• | term loan first lien 1st L•••/S••••• S•••••• D••• I••••••• I•••••••• I••••••• R••• 5.92% R•••••••• R••• and S•• | $17.6M | $17.6M 100c | SOFR+225 bp |
| H•• C•••••••• L•••••• F••• | unstated lien unstated N••••••••• I••••• | $11.6M | $11.6M 101c | S+225 bp |
| H•• C•••••••• L•••••• F••• | unstated lien unstated N••••••••• I••••• | $10.5M | $10.8M 103c | S+725 bp |
| H•• C•••••••• C•••••• S•••••••• F••• | unstated lien unstated N••••••••• I••••• | $8.0M | $8.0M 100c | S+225 bp |
View all 11 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| G•••• C•••••• P•••••• C••••• F••• | term loan first lien S••••• secured | $6.9M | $6.9M 100c | S+225 bp |
| N•••• H•••• P•••••• I••••• F••• L•• | term loan first lien Investment F•••• L••• D••• R•••••••• R••• & S••••• S + 2.25% I••••••• R••• 5.92% M••••••• | $4.2M | $4.2M 100c | SOFR+225 bp |
| B••••••••• P•••••• C••••• F••• | unstated lien unstated | $2.4M | $2.4M 101c | S+225 bp |
| B•••••••• P•••••• C••••• F••• | term loan first lien I••••••••• F•••• L••• T••• L••• Ref S•••(Q) S••••• 2.25% T•••• C••••• 5.92% M••••••• 6/20/ | $1.9M | $1.9M 100c | SOFR+225 bp |
| B••••••••• P•••••• C••••• F••• | unstated lien unstated N••••••••• I••••• | $844,000 | $844,000 102c | S+225 bp |
| N•••• H•••• P•••••• I••••• F••• A• L•• | term loan first lien Investment F•••• L••• D••• R•••••••• R••• and S••••• S + 2.25% I••••••• R••• 5.92% M•••••• | $418,000 | $417,000 99c | SOFR+225 bp |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| other lien unstated | at least $56.9M | 100c | S+225 bp | Jun 20, 2030 | 5 |
| first lien term loan first lien | at least $31.0M | 100c | SOFR+225 bp | Jun 20, 2030 | 11 |
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2026 | 8 | $88.0M | $88.2M | 100c | 0 |
| Mar 31, 2026 | 10 | $95.0M | $94.8M | 100c | 0 |
| Dec 31, 2025 | 9 | $205M | $206M | 101c | 0 |
| Sep 30, 2025 | 10 | $198M | $199M | 100c | 0 |
All 17 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 10 | $179M | $180M | 101c | 0 |
| Mar 31, 2025 | 9 | $124M | $124M | 100c | 0 |
| Dec 31, 2024 | 12 | $219M | $221M | 101c | 0 |
| Sep 30, 2024 | 10 | $164M | $165M | 100c | 0 |
| Jun 30, 2024 | 9 | $64.9M | $65.3M | 101c | 0 |
| Mar 31, 2024 | 7 | $50.5M | $50.8M | 101c | 0 |
| Dec 31, 2023 | 7 | $58.1M | $58.9M | 102c | 0 |
| Sep 30, 2023 | 6 | $53.6M | $53.7M | 101c | 0 |
| Jun 30, 2023 | 5 | $53.5M | $53.9M | 102c | 0 |
| Mar 31, 2023 | 5 | $36.7M | $36.6M | 100c | 0 |
| Dec 31, 2022 | 5 | $34.3M | $34.0M | 100c | 0 |
| Sep 30, 2022 | 1 | $21.3M | $20.5M | 97c | 0 |
| Dec 31, 2021 | 1 | $15.6M | $15.5M | 100c | 0 |
What changed
- Lender left a facilityMar 31, 2026
- New lender joined a facilityMar 31, 2026
- Lender left a facilityMar 31, 2026
- Lender left a facilityDec 31, 2025
- Lender left a facilitySep 30, 2025
Full timeline · 30 eventsShow fewer
- Lender left a facilityDec 31, 2024
- Lender left a facilityDec 31, 2024
- New lender joined a facilityDec 31, 2024
- New lender joined a facilityDec 31, 2024
- Lender left a facilityDec 31, 2024
- New lender joined a facilityDec 31, 2024
- Spread increasedDec 31, 2024
- New lender joined a facilitySep 30, 2024
- Spread increasedSep 30, 2024
- New lender joined a facilityJun 30, 2024
- Spread changed (observed)Mar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- Maturity extended (observed)Mar 31, 2024
- Lender left a facilityDec 31, 2023
- New lender joined a facilitySep 30, 2023
- New lender joined a facilitySep 30, 2023
- Maturity extended (observed)Sep 30, 2023
- Maturity extended (observed)Jun 30, 2023
- New lender joined a facilityJun 30, 2023
- New lender joined a facilityJun 30, 2023
- Spread increasedJun 30, 2023
- Maturity extended (observed)Jun 30, 2023
- Maturity extended (observed)Jun 30, 2023
- Spread changed (observed)Mar 31, 2023
- Spread increasedMar 31, 2023
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- H•• I••••••••• #UKderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 16 BDCsderived
- Industry
- Insurancereportedas one filer wrote it