DFX Intelligence
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Borrower
L•••
Softwaregroup grade Con a schedule nowsponsor unattributed
Also written as: Inc - Physician Compensation Management; Inc - Physician Compensation Management Software - Total Physician Compensation Management
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
100¢ · 100¢Q1 2026 to Q2 2026
Principal held
at least $2.9M
sum of BDC pieces, a lower bound
Fair value
$5.8M
100c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
1
1 on the latest quarter
Facilities
1
1 equity pieces beside them
Next maturity
Dec 31, 2030
no dated debt inside 24 months
On the tape since
Feb 28, 2026
latest May 31, 2026
Events
0
dated, non-routine
Lender marks
each lender's own fair value over cost at May 31, 2026, folded to one row per lender
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| S••••••• I••••••••• C•••• | $2.9M | 100¢ | 0 pts |
Every BDC piece · 2 positions across 1 lenderlargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| S••••••• I••••••••• C•••• | revolver lien unstated R•••••••• Credit F••••••• (3M USD T••• S•••+5.00%), 8.66% C•••, 12/31/2030 | $2.9M | $2.9M 100c | S+500 bp |
| S••••••• I••••••••• C•••• | unstated lien unstated | Not disclosed | $2.9M 100c |
Capital structure as the BDCs see it
latest quarter end May 31, 2026
Through time
the borrower's pieces summed across BDCs, every quarter end
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| May 31, 2026 | 1 | $2.9M | $2.9M | 100c | 0 |
| Feb 28, 2026 | 1 | $1.4M | $1.4M | 100c | 0 |
What changed
No non-routine event yet: the borrower has been held without a facility-level change since it appeared.
Every change including routine onesSponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- LUDIderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 1 BDCderived
- Industry
- Softwarereportedas one filer wrote it