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
F••••••••• S••••••• • C•••• B•
Construction & Engineering Initialgroup grade Aoff every schedule since Jun 30, 2024sponsor unattributed
Also written as: Foundation S•••••••
Nothing material in the last 200 days. No dated change on record yet.
Principal held
unknown
sum of BDC pieces, a lower bound
Fair value
$3.1M
n/a on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
0
2 equity pieces beside them
Next maturity
unstated
no dated debt inside 24 months
On the tape since
Dec 31, 2022
latest Jun 30, 2024
Events
1
dated, non-routine
Lender marks
each lender's own fair value over cost at Jun 30, 2024, folded to one row per lender
Every BDC piece · 2 positions across 2 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| G•••••• S•••• B••• I••• | equity equity C••••• S•••• I••••••• C••••••••• & E••••••••• I•••••• A••••••••• D••• 08/31/20 | Not disclosed | $74,000 | |
| G•••••• S•••• P•••••• M••••• M••••• C••••• I• L•• | equity equity C••••• S•••• I••••••• C••••••••• & E••••••••• I•••••• A••••••••• D••• 08/31/20 | Not disclosed | $3.0M |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2024
No debt facility on the tape for this borrower; the BDC pieces are equity.
Equity pieces beside the debt: equity ($3.1M fair value, 2 BDCs), preferred equity ($1.3M fair value, 2 BDCs)
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, 2024 | 2 | $0 | $0 | n/a | 0 |
| Mar 31, 2024 | 2 | $0 | $0 | n/a | 0 |
| Dec 31, 2023 | 2 | $0 | $0 | n/a | 0 |
| Sep 30, 2023 | 2 | $0 | $0 | n/a | 0 |
All 7 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2023 | 2 | $0 | $0 | n/a | 0 |
| Mar 31, 2023 | 2 | $0 | $0 | n/a | 0 |
| Dec 31, 2022 | 2 | $0 | $0 | n/a | 0 |
What changed
- New borrower on a BDC scheduleDec 31, 2022
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- FOUNDATION SOFTWAREderivedthe codename stem after legal suffixes and deal words
- Spellings
- 2 across 2 BDCsderived
- Industry
- Construction & Engineering Initialreportedas one filer wrote it