DFX Intelligence
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Borrower
G••• E•••••• B•••••••• L••
Services: Businessgroup grade Aon a schedule nowsponsor unattributed
Also written as: Emerald JV LP; LLC Asset Type; Verdelite JV LP
Nothing material in the last 200 days. No dated change on record yet.
Mark path, consensus per quarter end
102¢ · 100¢ · 101¢ · 100¢ · 100¢Q2 2025 to Q2 2026
Where each lender marks it, 1 points apart
99¢100¢
Principal held
at least $50.6M
sum of BDC pieces, a lower bound
Fair value
$50.3M
100c on cost, debt pieces
Unfunded
$6.0M
commitments not yet drawn
BDC lenders
11
7 on the latest quarter
Facilities
6
1 equity pieces beside them
Next maturity
Sep 1, 2031
no dated debt inside 24 months
On the tape since
Jun 30, 2024
latest Jun 30, 2026
Events
6
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••• | $44.8M | 100¢ | 0 pts |
| G•••• C•••••• P•••••• C••••• F••• | $3.48M | 99¢ | 0 pts |
| B•••••• P•••••• C••••• C••• | $1.49M | 99¢ | 0 pts |
| S••••• C•••• C•••••• C••• | $493K | 100¢ | 0 pts |
| A• P•••••• L•••••• F••• | $356K | 100¢ | +1 pts |
View all 7 lendersShow fewerlargest exposure first
| Lender | Exposure | Current mark | QoQ change |
|---|---|---|---|
| A••• C•••••• C••• | no principal filed | no cost filed | new this quarter |
| A••• S•••••••• I••••• F••• | no principal filed | no cost filed | new this quarter |
Every BDC piece · 10 positions across 7 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B••••••••• P•••••• C••••• F••• | revolver lien unstated | $24.5M | $24.4M 100c | S+250 bp |
| B••••••••• P•••••• C••••• F••• | revolver lien unstated N••••••••• I••••• | $16.2M | $16.0M 101c | S+250 bp |
| B••••••••• P•••••• C••••• F••• | revolver lien unstated | $4.1M | $4.1M 100c | S+250 bp |
| G•••• C•••••• P•••••• C••••• F••• | term loan first lien S••••• secured | $3.5M | $3.5M 99c | S+250 bp |
| B•••••• P•••••• C••••• C••• | term loan first lien F•••• L••• S••••• S•••••• T••• L••• | $1.5M | $1.5M 99c | S+250 bp |
View all 10 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| S••••• C•••• C•••••• C••• | term loan first lien F•••• L••• - T••• L••• | $493,000 | $491,000 100c | S+250 bp |
| A• P•••••• L•••••• F••• | term loan first lien US C•••••••• D••• | 1st L•••/S••••• S•••••• D••• | T••• L••• | 6.23% (S + 2.50%) | 9/5/203 | $356,409 | $354,684 100c | SOFR+250 bp |
| A••• C•••••• C••• | unstated lien unstated | Not disclosed | Not disclosed | |
| A••• S•••••••• I••••• F••• | unstated lien unstated | Not disclosed | Not disclosed | |
| B••••••••• P•••••• C••••• F••• | revolver lien unstated R••••••• | Not disclosed | Not disclosed | S+250 bp |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| revolver lien unstated | at least $44.8M | 100c | S+250 bp | Sep 5, 2031 | 2 |
| first lien term loan first lien | at least $5.8M | 99c | SOFR+250 bp | Sep 5, 2031 | 9 |
| other lien unstated | unknown | n/a | unstated | 3 | |
| first lien delayed draw term loan first lien exited Sep 30, 2025 | at least $3.4M | n/a | SOFR+500 bp | Jun 30, 2032 | 1 |
| first lien revolver first lien exited Sep 30, 2025 | at least $1.4M | n/a | SOFR+500 bp | Jun 30, 2032 | 1 |
All 6 facilitiesShow fewerheld first, largest first
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| delayed draw term loan lien unstated exited Sep 30, 2025 | unknown | n/a | unstated | 1 |
Equity pieces beside the debt: preferred equity ($913,000 fair value, 1 BDC)
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 | 7 | $50.6M | $50.3M | 100c | 0 |
| Mar 31, 2026 | 9 | $53.3M | $52.9M | 100c | 0 |
| Dec 31, 2025 | 9 | $88.6M | $89.0M | 101c | 0 |
| Sep 30, 2025 | 8 | $95.6M | $90.8M | 100c | 0 |
All 9 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 7 | $34.4M | $34.5M | 102c | 0 |
| Mar 31, 2025 | 6 | $34.0M | $33.8M | 101c | 0 |
| Dec 31, 2024 | 7 | $63.7M | $64.0M | 102c | 0 |
| Sep 30, 2024 | 5 | $47.5M | $46.9M | 99c | 0 |
| Jun 30, 2024 | 3 | $28.3M | $28.3M | 100c | 0 |
What changed
- Lender left a facilityMar 31, 2026
- Lender left a facilityMar 31, 2026
- New lender joined a facilityDec 31, 2025
- Maturity shortened (observed)Dec 31, 2025
- Maturity extended (observed)Sep 30, 2025
Full timeline · 28 eventsShow fewer
- Facility left every BDC scheduleSep 30, 2025
- Facility left every BDC scheduleSep 30, 2025
- New lender joined a facilitySep 30, 2025
- New lender joined a facilitySep 30, 2025
- Spread increasedSep 30, 2025
- Facility left every BDC scheduleSep 30, 2025
- Lender left a facilitySep 30, 2025
- Maturity extended (observed)Sep 30, 2025
- New lender joined a facilitySep 30, 2025
- Lender left a facilityJun 30, 2025
- New lender joined a facilityDec 31, 2024
- Maturity extended (observed)Dec 31, 2024
- Maturity extended (observed)Sep 30, 2024
- Lender left a facilitySep 30, 2024
- Lender left a facilitySep 30, 2024
- New lender joined a facilitySep 30, 2024
- New lender joined a facilitySep 30, 2024
- Maturity extended (observed)Sep 30, 2024
- New lender joined a facilitySep 30, 2024
- New lender joined a facilitySep 30, 2024
- Maturity extended (observed)Sep 30, 2024
- New borrower on a BDC scheduleJun 30, 2024
- Lender left a facilityJun 30, 2024
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- G••• EVERESTderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 11 BDCsderived
- Industry
- Services: Businessreportedas one filer wrote it