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
G•• A••••• A••••••••• C••• •••••••
Softwaregroup grade Aon a schedule nowsponsor unattributed
What matters now
- 100¢ → 103¢consensus mark
Consensus mark 103¢ on cost, up from 100¢ a year ago, 99¢ last quarter.
Q2 2026 · The lenders' own valuations moved back up.
Derived3 of 3 lenders' own marks, weighted by principal
Mark path, consensus per quarter end
100¢ · 101¢ · 101¢ · 99¢ · 103¢Q2 2025 to Q2 2026
Where each lender marks it, 1 points apart
102¢103¢
Principal held
at least $22.4M
sum of BDC pieces, a lower bound
Fair value
$22.7M
103c on cost, debt pieces
Unfunded
Not disclosed
commitments not yet drawn
BDC lenders
3
3 on the latest quarter
Facilities
4
0 equity pieces beside them
Next maturity
Mar 10, 2031
no dated debt inside 24 months
On the tape since
Mar 31, 2025
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••• | $13.7M | 102¢ | +4 pts |
| B•••••••• T•• C•••••• C•••• | $6.6M | 103¢ | +4 pts |
| B•••••••• D••••• L•••••• C•••• | $2.06M | 102¢ | +4 pts |
Every BDC piece · 8 positions across 3 lenderslargest principal first, with instrument and rate
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••••• P•••••• C••••• F••• | term loan first lien I••••••••• F•••• L••• T••• L••• Ref S•••(Q) F•••• 1.00% S••••• 5.00% T•••• C••••• 8.66% M• | $13.3M | $13.4M 102c | SOFR+500 bp |
| B•••••••• T•• C•••••• C•••• | term loan first lien F•••• L••• T••• L••• Ref S•••(Q) F•••• 1.00% S••••• 5.00% T•••• C••••• 8.66% M••••••• 3/10 | $6.6M | $6.7M 103c | SOFR+500 bp |
| B•••••••• D••••• L•••••• C•••• | term loan first lien I••••••••• F•••• L••• T••• L••• Ref S•••(Q) F•••• 1.00% S••••• 5.00% T•••• C••••• 8.66% M• | $2.0M | $2.0M 102c | SOFR+500 bp |
| B•••••••• P•••••• C••••• F••• | revolver first lien I••••••••• F•••• L••• R••••••• Ref S•••(Q) F•••• 1.00% S••••• 5.00% T•••• C••••• 8.74% M•• | $478,343 | $478,343 108c | SOFR+500 bp |
| B•••••••• D••••• L•••••• C•••• | revolver lien unstated I••••••••• Sr S•••••• R••••••• Ref S•••(Q) F•••• 1.00% S••••• 5.00% T•••• C••••• 8.74% M•• | $71,693 | $71,693 110c | SOFR+500 bp |
View all 8 positionsShow fewerlargest principal first
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| B•••••••• D••••• L•••••• C•••• | delayed draw term loan first lien I••••••••• F•••• L••• D•••••• D••• T••• L••• Ref S•••(Q) F•••• 1.00% S••••• 5.00% T•••• C• | $0 | $4,302 -85c | SOFR+500 bp |
| B•••••••• P•••••• C••••• F••• | delayed draw term loan first lien I••••••••• F•••• L••• D•••••• D••• T••• L••• Ref S•••(Q) F•••• 1.00% S••••• 5.00% T•••• C• | $0 | $28,701 -114c | SOFR+500 bp |
| B•••••••• T•• C•••••• C•••• | delayed draw term loan first lien F•••• L••• D•••••• D••• T••• L••• Ref S•••(Q) F•••• 1.00% S••••• 5.00% T•••• C••••• 8.66% | $0 | $14,286 -54c | SOFR+500 bp |
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
| Facility | Held | On cost | Pricing | Maturity | BDCs |
|---|---|---|---|---|---|
| first lien term loan first lien | at least $21.8M | 102c | SOFR+500 bp | Mar 10, 2031 | 3 |
| first lien revolver first lien | at least $478,343 | 108c | SOFR+500 bp | Mar 10, 2031 | 1 |
| revolver lien unstated | at least $71,693 | n/a | SOFR+500 bp | Mar 10, 2031 | 1 |
| first lien delayed draw term loan first lien | at least $0 | n/a | SOFR+500 bp | Mar 10, 2031 | 3 |
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 | 3 | $22.4M | $22.7M | 103c | 0 |
| Mar 31, 2026 | 3 | $22.2M | $21.5M | 98c | 0 |
| Dec 31, 2025 | 3 | $22.3M | $22.3M | 102c | 0 |
| Sep 30, 2025 | 3 | $23.1M | $22.2M | 102c | 0 |
All 6 quartersShow fewer
| Quarter end | BDCs | Principal held | Fair value | On cost | PIK pieces |
|---|---|---|---|---|---|
| Jun 30, 2025 | 3 | $22.8M | $22.1M | 100c | 0 |
| Mar 31, 2025 | 3 | $22.8M | $21.9M | 100c | 0 |
What changed
- Mark recoveredJun 30, 2026
- Marked down across lendersMar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down (one lender)Mar 31, 2026
- Marked down (one lender)Dec 31, 2025
Full timeline · 7 eventsShow fewer
- Marked down (one lender)Dec 31, 2025
- New borrower on a BDC scheduleMar 31, 2025
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 APOLLO APPRISSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 1 across 3 BDCsderived
- Industry
- Softwarereportedas one filer wrote it