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.
Facility
NE Ortho Management Services, LLC delayed draw term loan
lien unstatedheld todayHealth Care Services
Principal held
at least $31.4M
sum of BDC pieces, a lower bound
Fair value
$31.0M
139c on cost
Unfunded
n/a
pieces' unfunded commitments
Pricing
SOFR+500 bp
modal across pieces
PIK
none stated
Maturity
Dec 13, 2030
tagged by the filer
Lenders
3 holding
0 exited · 0 named on a deal
On the tape
7 quarters
Dec 31, 2024 to Jun 30, 2026
Lender group
every BDC that holds or held a piece; each row is that lender's own figures
| Lender | Status | Principal | Fair value | Spread | Held |
|---|---|---|---|---|---|
| Fidelity Private Credit Fund FIDELITY DIVERSIFYING SOLUTIONS LLC | held · 3 pieces | $22.6M | $22.3M 100c | 500 bp | Dec 31, 2024 to Jun 30, 2026 |
| Fidelity Private Credit Co LLC FIDELITY DIVERSIFYING SOLUTIONS LLC | held · 3 pieces | $9.6M | $9.5M 100c | 500 bp | Dec 31, 2024 to Mar 31, 2026 |
| Manulife Private Credit Fund Manulife Investment Management | held | $8.9M | $8.7M | 500 bp | Mar 31, 2026 to Jun 30, 2026 |
Facility through time
pieces summed per quarter end across the BDCs holding it
| Quarter end | BDCs | Principal held | On cost | Spread | PIK | Maturity |
|---|---|---|---|---|---|---|
| Jun 30, 2026 | 2 | $31.4M | 139c | 500 bp | Dec 13, 2030 | |
| Mar 31, 2026 | 3 | $40.9M | 128c | 500 bp | Dec 13, 2030 | |
| Dec 31, 2025 | 2 | $8.2M | 99c | 500 bp | Dec 13, 2030 | |
| Sep 30, 2025 | 2 | $8.2M | 103c | 500 bp | Dec 13, 2030 | |
| Jun 30, 2025 | 2 | n/a | n/a | Dec 13, 2030 | ||
| Mar 31, 2025 | 2 | n/a | n/a | Dec 13, 2030 | ||
| Dec 31, 2024 | 2 | n/a | n/a | Dec 13, 2030 |
What changed on this facility
position and facility grain, including routine
- New lender joined a facility Mar 31, 2026Manulife Private Credit Fund joins NE Ortho Management Services, LLC delayed draw (unknown) held by 3 other BDCs
Other pieces of this borrower's structure
- at least $12.4M
- at least $3.1M
- at least $1.0M
- at least $136,000
How this facility is known
- Grain
- NE Ortho Management Services, LLC x delayed draw term loanderivedborrower group x kind x lien; tranches with different maturities sit under it
- Size
- lower bound: sum of BDC piecesderived
- Status
- unknownsignalnon-accrual, default and restructuring are not on this tape and are never inferred from a mark
- Origin
- bdc tapereported