DFX Intelligence
Private Credit Intelligence
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
A••••••• S•••••••• G•••• L••
Insurancegroup grade Aon a schedule nowsponsor unattributed
Also written as: 1; 2; Alacrity Solutions Group LLC 1.1; Alacrity Solutions Group LLC 1.2; Common Stock; Insurance; Preferred Equity
Principal held
at least $14.1M
sum of BDC pieces, a lower bound
Fair value
$12.1M
104c on cost, debt pieces
Unfunded
n/a
commitments not yet drawn
BDC lenders
2
2 on the latest quarter
Facilities
2
2 equity pieces beside them
Next maturity
Feb 1, 2030
no dated debt inside 24 months
On the tape since
Dec 31, 2021
latest Jun 30, 2026
Events
7
dated, non-routine
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 $11.8M | 92c | S+800 bp PIK 5.30% | Feb 1, 2030 | 1 |
| other lien unstated | at least $2.3M | n/a | S+525 bp PIK 8.00% | Feb 28, 2030 | 2 |
Equity pieces beside the debt: preferred equity ($0 fair value, 1 BDC), equity ($0 fair value, 1 BDC)
Lenders
every BDC piece at the latest quarter end
| BDC | Instrument | Principal | Fair value | Rate |
|---|---|---|---|---|
| F• K•• C•••••• C••• | equity equity Common Stock | n/a | $0 0c | |
| F• K•• C•••••• C••• | equity equity Common Stock | n/a | n/a | |
| F• K•• C•••••• C••• | unstated lien unstated | n/a | n/a | |
| F• K•• C•••••• C••• | term loan first lien | $1.7M | $1.7M 100c | S+530 bp |
| F• K•• C•••••• C••• | term loan first lien | $2.3M | $2.3M 100c | S+530 bp |
| F• K•• C•••••• C••• | preferred equity equity Preferred Equity | n/a | $0 0c | S+800 bp |
| F• K•• C•••••• C••• | unstated lien unstated | n/a | n/a | |
| F• K•• C•••••• C••• | unstated lien unstated | n/a | n/a | |
| F• K•• C•••••• C••• | term loan first lien | $3.8M | $3.8M 103c | S+630 bp PIK 5.30% |
| F• K•• C•••••• C••• | term loan first lien | $4.0M | $3.0M 75c | S+800 bp |
| F• K•• C•••••• C••• | preferred equity equity Preferred Equity | n/a | n/a | |
| K•• E••••••• U• D••••• L•••••• F••••• I••• | unstated lien unstated | $452,000 | $0 | S+525 bp |
| K•• E••••••• U• D••••• L•••••• F••••• I••• | unstated lien unstated | n/a | $0 | PIK 8.00% |
| K•• E••••••• U• D••••• L•••••• F••••• I••• | unstated lien unstated | $340,000 | $0 | S+525 bp |
| K•• E••••••• U• D••••• L•••••• F••••• I••• | unstated lien unstated | $741,000 | $741,000 | S+100 bp PIK 5.25% |
| K•• E••••••• U• D••••• L•••••• F••••• I••• | unstated lien unstated | n/a | $0 | |
| K•• E••••••• U• D••••• L•••••• F••••• I••• | unstated lien unstated | $788,000 | $583,000 | PIK 8.00% |
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 | 2 | $14.1M | $12.1M | 104c | 3 |
| Mar 31, 2026 | 2 | $13.9M | $12.4M | 107c | 3 |
| Dec 31, 2025 | 2 | $26.1M | $25.3M | 114c | 3 |
| Sep 30, 2025 | 2 | $22.0M | $21.2M | 117c | 3 |
| Jun 30, 2025 | 2 | $21.7M | $21.3M | 119c | 3 |
| Mar 31, 2025 | 2 | $21.4M | $21.4M | 121c | 2 |
| Dec 31, 2024 | 2 | $49.7M | $35.6M | 79c | 0 |
| Sep 30, 2024 | 2 | $27.1M | $23.1M | 103c | 0 |
| Jun 30, 2024 | 2 | $27.1M | $26.6M | 119c | 0 |
| Mar 31, 2024 | 1 | $22.7M | $22.3M | 100c | 0 |
| Dec 31, 2023 | 1 | $22.6M | $22.5M | 100c | 0 |
| Sep 30, 2023 | 1 | $22.7M | $22.3M | 99c | 0 |
| Jun 30, 2023 | 1 | $22.7M | $22.1M | 98c | 0 |
| Mar 31, 2023 | 1 | $39.1M | $37.8M | 98c | 0 |
| Dec 31, 2022 | 1 | $78.4M | $75.4M | 98c | 0 |
| Sep 30, 2022 | 1 | $39.2M | $38.0M | 98c | 0 |
| Dec 31, 2021 | 1 | $80.0M | $78.8M | 100c | 0 |
What changed
- Marked down across lendersMar 31, 2026
- Marked down (one lender)Mar 31, 2026
- PIK interest appearsJun 30, 2025
- PIK interest appearsJun 30, 2025
- Mark recoveredMar 31, 2025
- Maturity extended (observed)Mar 31, 2025
- Spread increasedMar 31, 2025
- PIK interest appearsMar 31, 2025
- Maturity extended (observed)Mar 31, 2025
- Maturity extended (observed)Mar 31, 2025
- Marked down across lendersDec 31, 2024
- Marked down (one lender)Dec 31, 2024
- Marked down across lendersSep 30, 2024
- Marked down (one lender)Sep 30, 2024
- New borrower on a BDC scheduleDec 31, 2021
Sponsor
No sponsor attribution: no portfolio page, deal announcement or Form D signer consensus names an owner for this borrower group.
Identity
- Group key
- ALACRITY SOLUTIONSderivedthe codename stem after legal suffixes and deal words
- Spellings
- 3 across 2 BDCsderived
- Industry
- Insurancereportedas one filer wrote it