The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.

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Borrower

J••• S••••• G••••• L••

Financial Servicesgroup grade Aon a schedule nowsponsor unattributed
Also written as: Emerald JV LP
Principal held
at least $42.0M
sum of BDC pieces, a lower bound
Fair value
$41.6M
100c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
8
4 on the latest quarter
Facilities
2
0 equity pieces beside them
Next maturity
Dec 15, 2031
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
1
dated, non-routine
Capital structure as the BDCs see it
latest quarter end Jun 30, 2026
FacilityHeldOn costPricingMaturityBDCs
first lien term loan first lienat least $24.5M100cSOFR+200 bpDec 15, 20313
other lien unstatedat least $17.5M99cS+200 bpDec 15, 20313
Lenders
every BDC piece at the latest quarter end
BDCInstrumentPrincipalFair valueRate
B••••••••• P•••••• C••••• F•••unstated lien unstated
Non-Affiliated Issuer
$987,000$979,000
100c
S+200 bp
B••••••••• P•••••• C••••• F•••unstated lien unstated$8.2M$8.1M
100c
S+200 bp
B••••••••• P•••••• C••••• F•••unstated lien unstated$285,000$283,000
100c
S+200 bp
F••••••• B•• C•••••• C•••unstated lien unstated$8.0M$8.0M
99c
S+200 bp
G•••••• S•••• P•••••• C••••• C••••term loan first lien
1st Lien/Senior Secured Debt Industry Financial Services Interest Rate 5.67% Reference Rat
$23.8M$23.5M
100c
SOFR+200 bp
S••••• C•••• C•••••• C•••term loan first lien
First Lien - Term Loan
$732,000$727,000
99c
2.00%
Through time
the borrower's pieces summed across BDCs, every quarter end
Quarter endBDCsPrincipal heldFair valueOn costPIK pieces
Jun 30, 20264$42.0M$41.6M100c0
Mar 31, 20265$42.6M$41.8M99c0
Dec 31, 20254$66.1M$65.8M100c0
Sep 30, 20254$40.8M$40.4M100c0
Jun 30, 20254$29.1M$29.0M101c0
Mar 31, 20251$6.1M$6.1M99c0
Dec 31, 20242$34.5M$33.5M99c0
Sep 30, 20241$7.0M$6.7M101c0
Jun 30, 20241$7.0M$6.6M98c0
Mar 31, 20241$7.0M$6.5M97c0
Dec 31, 20231$7.0M$6.5M98c0
Sep 30, 20231$7.0M$6.0M90c0
Jun 30, 20231$7.0M$6.0M91c0
Mar 31, 20231$5.0M$4.5M92c0
Dec 31, 20221$10.0M$8.7M89c0
Dec 31, 20211$4.9M$4.9M99c0
What changed
Identity
Group key
JANE STREETderivedthe codename stem after legal suffixes and deal words
Spellings
1 across 8 BDCsderived
Industry
Financial Servicesreportedas one filer wrote it