CreditDetail · Portfolio
MFIC — Schedule of Investments
As of March 31, 2026, with quarter-over-quarter movement against December 31, 2025 — both schedules from the same filed 10-Q. Dollar figures in millions; mark = fair value as % of cost; avg maturity = fair-value-weighted years to maturity from 3/31/26, with equity and other undated positions excluded.
By security type
The filing's own instrument taxonomy. Expand a row for its positions.
First Lien Secured Debt 526 $2,947.3m $2,811.2m 94.6% 3.3y ($178.6m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan controlled | SOFR + 350 , 1.75 % Floor | 2029-06-30 | $105.7m | $105.5m | $105.7m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 510 Cash plus 2.00 % PIK, 1.00 % Floor | 2027-09-17 | $45.2m | $45.0m | $41.6m | 92 |
| First Lien Secured Debt - Term Loan | SOFR + 615 , 1.00 % Floor | 2027-07-30 | $33.9m | $33.6m | $33.3m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 640 , 1.00 % Floor | 2027-12-14 | $32.9m | $32.6m | $31.6m | 97 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2028-04-26 | $30.7m | $30.5m | $30.7m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 635 , 1.00 % Floor | 2027-05-17 | $31.2m | $31.1m | $30.5m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.50 % Floor | 2031-01-31 | $30.4m | $29.8m | $29.8m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2030-08-06 | $29.0m | $28.7m | $28.7m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2029-02-02 | $29.2m | $28.7m | $28.1m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 565 , 1.00 % Floor | 2026-06-01 | $28.0m | $28.0m | $27.9m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 600 , 1.00 % Floor | 2028-01-31 | $27.5m | $27.5m | $27.3m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 610 , 1.00 % Floor | 2026-12-03 | $27.9m | $27.8m | $26.2m | 94 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-02-13 | $26.4m | $25.9m | $25.6m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.50 % Floor | 2032-12-03 | $25.6m | $25.2m | $25.4m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2028-11-18 | $24.5m | $24.3m | $23.7m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2028-11-01 | $23.1m | $23.0m | $22.9m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-05-16 | $23.0m | $22.7m | $22.6m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 565 , 1.00 % Floor | 2027-06-16 | $22.7m | $22.5m | $22.6m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 860 (Inclusive of 12.04 % PIK), 1.00 % Floor | 2026-06-30 | $22.6m | $22.6m | $22.3m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 585 , 1.00 % Floor | 2027-01-31 | $22.2m | $22.2m | $21.9m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 600 , 1.00 % Floor | 2028-08-10 | $22.6m | $22.3m | $21.8m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.00 % Floor | 2032-03-31 | $22.5m | $22.2m | $21.8m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2029-08-20 | $21.8m | $21.5m | $21.6m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 585 , 1.00 % Floor | 2026-12-16 | $21.4m | $21.3m | $21.1m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 510 , 1.00 % Floor | 2027-06-24 | $20.5m | $20.4m | $20.3m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 500 PIK, 1.00 % Floor | 2029-12-31 | $20.9m | $38.4m | $20.1m | 52 |
| First Lien Secured Debt - Term Loan | SOFR + 550 , 2.00 % Floor | 2030-05-27 | $20.0m | $19.9m | $19.8m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 625 , 0.50 % Floor | 2026-12-31 | $20.7m | $20.7m | $19.6m | 95 |
| First Lien Secured Debt - Term Loan | SOFR + 660 , 1.00 % Floor | 2026-07-01 | $20.3m | $20.3m | $19.6m | 96 |
| First Lien Secured Debt - Delayed Draw | SOFR + 610 , 1.00 % Floor | 2029-04-26 | $22.9m | $22.5m | $19.1m | 85 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2028-04-14 | $18.9m | $18.8m | $18.8m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-11-27 | $19.6m | $19.3m | $18.8m | 97 |
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2030-03-27 | $18.8m | $18.6m | $18.5m | 100 |
| First Lien Secured Debt - Revolver controlled | SOFR + 600 , 1.75 % Floor | 2029-06-30 | $18.5m | $18.5m | $18.5m | 100 |
| First Lien Secured Debt - Revolver affiliated | SOFR + 411 , 1.00 % Floor | 2027-05-10 | $18.4m | $18.4m | $18.3m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2030-12-17 | $18.4m | $18.1m | $18.0m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-04-18 | $18.3m | $18.1m | $18.0m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2030-08-30 | $17.9m | $17.9m | $17.7m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2029-11-05 | $17.7m | $17.3m | $17.7m | 102 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-12-18 | $17.8m | $17.6m | $17.5m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 550 , 0.50 % Floor | 2029-12-17 | $17.4m | $17.0m | $17.4m | 102 |
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2028-12-04 | $17.5m | $17.4m | $17.3m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 685 , 0.75 % Floor | 2027-12-31 | $17.4m | $17.2m | $17.1m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2032-02-03 | $17.2m | $17.0m | $16.9m | 100 |
| First Lien Secured Debt - Term Loan non-accrual | 10.45 % | 2028-01-12 | $21.9m | $21.8m | $16.8m | 77 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-03-18 | $16.9m | $16.8m | $16.7m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 4.50 % Floor | 2029-08-19 | $17.1m | $16.9m | $16.6m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2031-02-14 | $16.7m | $16.5m | $16.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 400 , 0.75 % Floor | 2027-10-01 | $16.6m | $16.0m | $16.1m | 100 |
| First Lien Secured Debt - Term Loan non-accrual | 12.27 % | 2027-01-31 | $26.8m | $25.9m | $15.9m | 62 |
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2028-05-12 | $16.2m | $16.2m | $15.3m | 94 |
| First Lien Secured Debt - Term Loan | SOFR + 650 , 1.00 % Floor | 2029-10-02 | $14.6m | $14.4m | $14.3m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2031-02-04 | $14.8m | $14.7m | $14.3m | 98 |
| First Lien Secured Debt - Delayed Draw | SON + 528 , 0.50 % Floor | 2029-11-26 | $10.7m | $13.4m | $14.1m | 105 |
| First Lien Secured Debt - Term Loan | SOFR + 525, 1.00 % Floor | 2029-05-01 | $14.1m | $13.9m | $14.0m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2031-01-31 | $14.0m | $13.9m | $13.8m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2028-06-29 | $13.9m | $13.8m | $13.8m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-03-01 | $14.0m | $13.8m | $13.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2029-05-04 | $13.7m | $13.6m | $13.6m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2027-09-22 | $13.5m | $13.5m | $13.5m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2029-05-04 | $13.6m | $13.4m | $13.5m | 100 |
| First Lien Secured Debt - Term Loan non-accrualaffiliated | 15.84 % | 2028-03-22 | $22.1m | $20.4m | $13.5m | 66 |
| First Lien Secured Debt - Term Loan | SOFR + 510 , 1.00 % Floor | 2029-06-28 | $13.6m | $13.4m | $13.5m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 325 Cash plus 2.50 % PIK, 0.75 % Floor | 2031-09-24 | $13.7m | $13.5m | $13.3m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2030-01-18 | $15.2m | $15.0m | $13.1m | 88 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 2.00 % Floor | 2030-04-01 | $13.3m | $13.3m | $13.1m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 610 , 1.00 % Floor | 2029-03-01 | $13.0m | $12.8m | $12.9m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2031-06-30 | $13.2m | $13.0m | $12.9m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 640 PIK, 1.00 % Floor | 2030-06-30 | $13.3m | $13.3m | $12.9m | 97 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2032-06-30 | $13.0m | $12.8m | $12.8m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 875 (Inclusive of 9.95 % PIK), 1.00 % Floor | 2029-12-16 | $16.8m | $16.7m | $12.8m | 77 |
| First Lien Secured Debt - Term Loan | SOFR + 510 , 1.00 % Floor | 2029-12-30 | $12.8m | $12.7m | $12.7m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2031-10-17 | $13.0m | $12.8m | $12.7m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2030-10-31 | $13.2m | $13.0m | $12.7m | 97 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-02-21 | $12.5m | $12.3m | $12.4m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2028-09-22 | $12.5m | $12.5m | $12.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2031-03-12 | $12.5m | $12.4m | $12.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 660 , 1.80 % Floor | 2028-03-01 | $12.0m | $12.0m | $12.0m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2029-07-18 | $13.0m | $12.8m | $11.8m | 92 |
| First Lien Secured Debt - Term Loan | SON + 528 , 0.50 % Floor | 2029-11-26 | $8.9m | $11.5m | $11.7m | 102 |
| First Lien Secured Debt - Term Loan | SOFR + 600 , 1.00 % Floor | 2029-04-07 | $11.9m | $11.7m | $11.6m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 565 , 1.00 % Floor | 2027-06-16 | $11.7m | $11.6m | $11.6m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 1.00 % Floor | 2030-04-01 | $11.9m | $11.9m | $11.5m | 97 |
| First Lien Secured Debt - Term Loan | SOFR + 595 , 2.00 % Floor | 2029-06-01 | $12.0m | $12.0m | $11.4m | 96 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 2.00 % Floor | 2028-08-31 | $11.7m | $11.7m | $11.4m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 550 , 0.75 % Floor | 2032-12-30 | $11.5m | $11.3m | $11.3m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 650 , 4.00 % Floor | 2027-09-01 | $11.2m | $11.2m | $11.2m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 510 , 1.00 % Floor | 2030-07-24 | $11.2m | $11.1m | $11.0m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-11-26 | $11.0m | $10.9m | $10.9m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2029-11-05 | $11.0m | $10.8m | $10.9m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 590 , 1.50 % Floor | 2029-05-03 | $16.0m | $15.8m | $10.9m | 69 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-08-02 | $11.2m | $11.1m | $10.8m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2031-06-10 | $10.9m | $10.8m | $10.8m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 690 , 1.00 % Floor | 2028-03-08 | $10.8m | $10.7m | $10.6m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-08-09 | $10.8m | $10.6m | $10.5m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2028-10-13 | $10.8m | $10.8m | $10.5m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-08-01 | $10.7m | $10.7m | $10.5m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2032-08-12 | $10.7m | $10.6m | $10.5m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-10-22 | $10.6m | $10.5m | $10.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2027-08-10 | $10.7m | $10.6m | $10.4m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2032-02-05 | $10.5m | $10.4m | $10.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 550, 1.00 % Floor | 2029-05-01 | $10.2m | $10.0m | $10.2m | 102 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2031-01-07 | $10.6m | $10.4m | $10.2m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 485 , 1.00 % Floor | 2026-09-08 | $10.2m | $10.2m | $10.1m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2028-04-14 | $10.0m | $9.9m | $9.9m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 860 (Inclusive of 12.04 % PIK), 1.00 % Floor | 2026-06-30 | $10.0m | $10.0m | $9.9m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 600 , 4.00 % Floor | 2029-06-01 | $10.0m | $9.9m | $9.8m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 610 , 1.00 % Floor | 2029-03-01 | $9.9m | $9.8m | $9.8m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-01-14 | $9.7m | $9.6m | $9.6m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2029-11-06 | $9.5m | $9.4m | $9.4m | 100 |
| First Lien Secured Debt - Term Loan affiliated | SOFR + 411 , 1.00 % Floor | 2027-05-10 | $9.4m | $14.3m | $9.4m | 66 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2031-08-07 | $9.4m | $9.3m | $9.3m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2031-07-10 | $9.3m | $9.3m | $9.3m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2031-03-12 | $9.3m | $9.2m | $9.2m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2031-01-02 | $9.2m | $9.0m | $9.1m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 510 , 1.00 % Floor | 2029-12-30 | $9.2m | $9.2m | $9.1m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-05-05 | $9.2m | $9.1m | $9.0m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 585 , 1.00 % Floor | 2028-06-30 | $9.2m | $9.1m | $9.0m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2029-06-14 | $9.0m | $8.9m | $8.9m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 300 , 1.00 % Floor | 2029-12-31 | $9.0m | $9.0m | $8.8m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 550 , 0.75 % Floor | 2030-10-03 | $9.0m | $8.8m | $8.7m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2029-08-05 | $8.7m | $8.6m | $8.6m | 100 |
| First Lien Secured Debt - Term Loan | CORRA + 450 , 0.75 % Floor | 2030-07-22 | $12.1m | $8.7m | $8.5m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2029-12-08 | $8.9m | $8.7m | $8.4m | 97 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2032-12-31 | $8.5m | $8.4m | $8.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 600 , 1.00 % Floor | 2029-08-07 | $8.6m | $8.5m | $8.3m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-09-20 | $8.5m | $8.3m | $8.3m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2029-08-02 | $8.3m | $8.3m | $8.2m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2030-06-21 | $8.2m | $8.1m | $8.1m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 1.00 % Floor | 2031-05-16 | $8.2m | $8.1m | $8.0m | 99 |
| First Lien Secured Debt - Term Loan | SON + 500 , 0.00 % Floor | 2031-07-30 | $6.0m | $7.8m | $7.9m | 102 |
| First Lien Secured Debt - Term Loan | SOFR + 710 , 1.00 % Floor | 2028-12-21 | $8.0m | $7.8m | $7.9m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-08-06 | $8.0m | $7.9m | $7.8m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2032-08-26 | $8.1m | $8.0m | $7.7m | 96 |
| First Lien Secured Debt - Term Loan non-accrual | 10.30 % | 2026-09-30 | $18.3m | $16.9m | $7.7m | 45 |
| First Lien Secured Debt - Term Loan | SOFR + 636 , 1.00 % Floor | 2026-08-16 | $8.0m | $8.0m | $7.6m | 96 |
| First Lien Secured Debt - Delayed Draw non-accrualaffiliated | 15.84 % | 2026-07-31 | $7.6m | $7.6m | $7.6m | 100 |
| First Lien Secured Debt - Term Loan non-accrual | 9.91 % | 2029-05-16 | $11.6m | $11.3m | $7.5m | 66 |
| First Lien Secured Debt - Term Loan | SOFR + 510 , 1.00 % Floor | 2030-07-24 | $7.5m | $7.4m | $7.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 675 , 1.00 % Floor | 2030-04-19 | $7.5m | $7.4m | $7.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2029-11-19 | $7.3m | $7.2m | $7.3m | 102 |
| First Lien Secured Debt - Term Loan | SOFR + 685 , 1.50 % Floor | 2028-04-03 | $8.6m | $8.5m | $7.3m | 86 |
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2030-05-01 | $7.3m | $7.2m | $7.3m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 575 , 0.75 % Floor | 2030-02-20 | $7.5m | $7.4m | $7.3m | 98 |
| First Lien Secured Debt - Term Loan non-accrual | 10.24 % | 2027-05-31 | $12.4m | $11.9m | $7.1m | 60 |
| First Lien Secured Debt - Term Loan | SOFR + 426 , 0.50 % Floor | 2028-06-02 | $8.0m | $8.0m | $7.1m | 89 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2030-09-30 | $7.0m | $7.0m | $6.9m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2031-04-15 | $7.0m | $6.9m | $6.8m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 500, 0.75 % Floor | 2031-02-03 | $6.9m | $6.8m | $6.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 675 , 1.00 % Floor | 2028-07-18 | $6.9m | $6.8m | $6.8m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 1.00 % Floor | 2031-12-08 | $6.8m | $6.7m | $6.7m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 575 , 1.00 % Floor | 2032-02-05 | $6.9m | $6.8m | $6.7m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 625 , 2.00 % Floor | 2027-10-25 | $6.8m | $6.7m | $6.7m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2030-04-30 | $6.9m | $6.8m | $6.6m | 97 |
| First Lien Secured Debt - Corporate Bond | SOFR + 750 , 0.50 % Floor | 2028-11-30 | $6.3m | $6.4m | $6.6m | 104 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2031-03-03 | $6.6m | $6.5m | $6.6m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2029-08-02 | $6.7m | $6.6m | $6.6m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 426 Cash plus 2.00 % PIK, 1.00 % Floor | 2027-10-31 | $8.8m | $8.7m | $6.6m | 76 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 2.00 % Floor | 2030-04-01 | $6.7m | $6.6m | $6.5m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 2.50 % Floor | 2029-06-24 | $6.6m | $6.5m | $6.5m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 575 , 1.00 % Floor | 2029-10-22 | $6.6m | $6.5m | $6.5m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-07-18 | $6.8m | $6.7m | $6.3m | 94 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2031-12-03 | $6.4m | $6.4m | $6.3m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 0.75 % Floor | 2028-06-29 | $6.4m | $6.3m | $6.3m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2028-11-22 | $6.6m | $6.6m | $6.3m | 95 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2029-10-16 | $6.5m | $6.4m | $6.2m | 96 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2029-10-01 | $6.1m | $6.1m | $6.1m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 2.00 % Floor | 2030-07-01 | $6.0m | $5.9m | $6.0m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2032-06-12 | $6.0m | $6.0m | $5.9m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 585 Cash plus 0.50 % PIK, 1.00 % Floor | 2027-03-31 | $6.3m | $6.3m | $5.9m | 94 |
| First Lien Secured Debt - Term Loan non-accrual | 4.65 % | 2026-09-30 | $12.9m | $10.7m | $5.8m | 54 |
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2029-03-16 | $5.9m | $5.8m | $5.8m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 585 , 1.00 % Floor | 2027-11-12 | $5.9m | $5.8m | $5.8m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 300 , 1.00 % Floor | 2029-12-31 | $5.9m | $6.0m | $5.8m | 97 |
| First Lien Secured Debt - Term Loan non-accrual | 11.03 % | 2026-02-02 | $8.1m | $8.1m | $5.7m | 70 |
| First Lien Secured Debt - Term Loan | SOFR + 286 Cash plus 2.75 % PIK, 0.75 % Floor | 2028-11-24 | $6.3m | $6.2m | $5.6m | 90 |
| First Lien Secured Debt - Term Loan | SOFR + 515 , 1.00 % Floor | 2029-08-22 | $5.8m | $5.7m | $5.6m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2031-03-24 | $5.8m | $5.7m | $5.6m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 565 , 1.00 % Floor | 2026-06-01 | $5.5m | $5.5m | $5.5m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 675 , 1.00 % Floor | 2030-11-08 | $5.6m | $5.6m | $5.5m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2030-07-01 | $5.4m | $5.3m | $5.3m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-07-01 | $5.5m | $5.4m | $5.3m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2029-11-19 | $5.3m | $5.2m | $5.3m | 102 |
| First Lien Secured Debt - Term Loan | SOFR + 450, 1.00 % Floor | 2031-03-17 | $5.3m | $5.2m | $5.2m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-05-01 | $5.3m | $5.2m | $5.2m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2030-06-07 | $5.2m | $5.1m | $5.1m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2029-10-02 | $5.4m | $5.3m | $5.1m | 95 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2029-08-06 | $5.0m | $4.9m | $5.0m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.00 % Floor | 2032-12-20 | $5.0m | $5.0m | $5.0m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 625 , 3.00 % Floor | 2029-06-01 | $5.0m | $5.0m | $5.0m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 625 , 3.00 % Floor | 2029-06-01 | $5.0m | $5.0m | $5.0m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2027-11-01 | $5.0m | $4.9m | $4.9m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2029-10-22 | $4.9m | $4.9m | $4.8m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-05-01 | $5.0m | $4.9m | $4.8m | 98 |
| First Lien Secured Debt - Corporate Bond | 9.88 % Cash plus 4.00 % PIK | 2030-06-23 | $4.3m | $4.2m | $4.8m | 113 |
| First Lien Secured Debt - Delayed Draw | SOFR + 690 , 1.00 % Floor | 2028-03-08 | $4.9m | $4.8m | $4.8m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 115 Cash plus 6.75 % PIK, 1.00 % Floor | 2027-04-12 | $5.7m | $5.7m | $4.7m | 83 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2028-04-26 | $4.7m | $4.6m | $4.7m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 1.00 % Floor | 2030-03-27 | $4.7m | $4.6m | $4.6m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 660 , 1.80 % Floor | 2028-03-01 | $4.5m | $4.5m | $4.5m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 263 Cash plus 3.13 % PIK, 0.75 % Floor | 2029-05-02 | $4.5m | $4.5m | $4.3m | 95 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-06-09 | $4.2m | $4.2m | $4.2m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2030-08-31 | $4.3m | $4.2m | $4.2m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 1.00 % Floor | 2029-12-23 | $4.2m | $4.1m | $4.1m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-04-18 | $4.2m | $4.1m | $4.1m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2032-02-13 | $4.1m | $4.1m | $4.1m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2031-12-15 | $4.2m | $4.1m | $4.1m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-09-30 | $4.1m | $4.1m | $4.1m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2031-02-21 | $4.1m | $4.1m | $4.1m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-08-02 | $4.3m | $4.3m | $4.1m | 95 |
| First Lien Secured Debt - Term Loan affiliated | SOFR + 600 , 1.00 % Floor | 2028-12-31 | $4.0m | $8.7m | $3.9m | 45 |
| First Lien Secured Debt - Term Loan | SOFR + 575 , 0.50 % Floor | 2029-12-17 | $3.9m | $3.9m | $3.9m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2029-03-30 | $3.9m | $3.8m | $3.9m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.50 % Floor | 2030-03-25 | $3.9m | $3.9m | $3.8m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.75 % Floor | 2031-10-01 | $3.9m | $3.8m | $3.8m | 100 |
| First Lien Secured Debt - Delayed Draw non-accrual | 10.16 % | 2029-05-31 | $5.5m | $5.4m | $3.8m | 70 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2030-07-22 | $3.8m | $3.8m | $3.8m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 250 Cash plus 4.75 % PIK, 1.00 % Floor | 2030-03-22 | $4.0m | $4.0m | $3.7m | 94 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2029-12-26 | $3.7m | $3.6m | $3.7m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2030-08-06 | $3.7m | $3.6m | $3.6m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2032-11-12 | $3.6m | $3.5m | $3.5m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 610 , 1.00 % Floor | 2026-12-03 | $3.8m | $3.8m | $3.5m | 94 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2029-10-02 | $3.7m | $3.6m | $3.5m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 551 , 1.00 % Floor | 2028-01-07 | $3.5m | $3.5m | $3.5m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2030-10-31 | $3.6m | $3.6m | $3.5m | 97 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2028-06-30 | $3.5m | $3.5m | $3.5m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-06-06 | $3.5m | $3.4m | $3.4m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 560 , 1.00 % Floor | 2027-08-10 | $3.6m | $3.6m | $3.4m | 95 |
| First Lien Secured Debt - Delayed Draw | SOFR + 540 , 1.00 % Floor | 2027-08-02 | $3.4m | $3.4m | $3.3m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 626 , 1.00 % Floor | 2027-02-11 | $3.4m | $3.4m | $3.3m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2031-08-22 | $3.4m | $3.3m | $3.3m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-11-26 | $3.4m | $3.3m | $3.3m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2032-02-13 | $3.2m | $3.2m | $3.2m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 600 , 1.00 % Floor | 2028-01-31 | $3.2m | $3.1m | $3.1m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2032-10-21 | $3.1m | $3.1m | $3.1m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 675 , 1.00 % Floor | 2030-04-29 | $3.2m | $3.1m | $3.0m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 660 , 1.00 % Floor | 2028-03-01 | $3.0m | $3.0m | $3.0m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2031-12-20 | $3.0m | $3.0m | $3.0m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2027-09-30 | $3.0m | $2.9m | $2.9m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 595 , 2.00 % Floor | 2029-06-01 | $3.0m | $3.0m | $2.9m | 96 |
| First Lien Secured Debt - Term Loan | EURIBOR + 525 , 0.00 % Floor | 2031-01-07 | $2.5m | $2.6m | $2.8m | 109 |
| First Lien Secured Debt - Term Loan | SOFR + 488 , 1.00 % Floor | 2030-03-20 | $2.7m | $2.7m | $2.7m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-01-14 | $3.8m | $2.7m | $2.7m | 100 |
| First Lien Secured Debt - Term Loan | EURIBOR + 525 , 0.00 % Floor | 2031-04-02 | $2.3m | $2.4m | $2.6m | 107 |
| First Lien Secured Debt - Term Loan non-accrual | 10.16 % | 2029-05-31 | $3.5m | $3.4m | $2.6m | 75 |
| First Lien Secured Debt - Term Loan | SOFR + 575 , 2.00 % Floor | 2029-10-04 | $2.5m | $2.5m | $2.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-07-01 | $2.5m | $2.4m | $2.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 625 , 1.00 % Floor | 2028-05-12 | $2.5m | $2.5m | $2.4m | 95 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2029-10-16 | $2.4m | $2.4m | $2.4m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 588 , 2.00 % Floor | 2028-11-22 | $2.4m | $2.4m | $2.4m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 610 , 1.00 % Floor | 2029-04-26 | $3.2m | $3.1m | $2.3m | 74 |
| First Lien Secured Debt - Term Loan | SOFR+ 1026 , 1.00 % Floor | 2026-09-30 | $2.2m | $2.2m | $2.3m | 106 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2031-03-01 | $2.3m | $2.3m | $2.3m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 0.75 % Floor | 2030-06-21 | $2.3m | $2.3m | $2.3m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 660 , 1.00 % Floor | 2027-01-31 | $2.3m | $2.3m | $2.3m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 650 , 4.00 % Floor | 2027-09-01 | $2.2m | $2.3m | $2.2m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 510 , 1.00 % Floor | 2030-07-24 | $2.3m | $2.3m | $2.2m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 640 , 1.00 % Floor | 2027-12-14 | $2.4m | $2.3m | $2.2m | 96 |
| First Lien Secured Debt - Delayed Draw | SOFR + 510 Cash plus 2.00 % PIK, 1.00 % Floor | 2027-09-17 | $2.4m | $2.4m | $2.2m | 92 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2031-01-02 | $2.2m | $2.2m | $2.2m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 625 , 2.00 % Floor | 2027-10-25 | $2.2m | $2.2m | $2.2m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 555 , 1.00 % Floor | 2027-08-09 | $2.2m | $2.2m | $2.1m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2031-07-10 | $2.1m | $2.1m | $2.1m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-08-09 | $2.2m | $2.1m | $2.1m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 575 , 1.00 % Floor | 2029-03-16 | $2.1m | $2.1m | $2.1m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 610 , 1.00 % Floor | 2028-11-18 | $2.1m | $2.1m | $2.0m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 1.00 % Floor | 2029-12-07 | $2.1m | $2.0m | $2.0m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 1.00 % Floor | 2030-04-30 | $2.1m | $2.0m | $2.0m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500, 0.75 % Floor | 2031-02-03 | $1.9m | $1.9m | $1.9m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-06-06 | $1.9m | $1.8m | $1.9m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-12-31 | $1.9m | $1.8m | $1.8m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 555 , 1.00 % Floor | 2027-08-09 | $1.8m | $1.8m | $1.8m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 615 , 1.00 % Floor | 2026-07-30 | $1.8m | $1.8m | $1.8m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 375 , 0.75 % Floor | 2031-03-24 | $1.9m | $1.9m | $1.8m | 95 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-03-01 | $1.8m | $1.8m | $1.8m | 99 |
| First Lien Secured Debt - Delayed Draw non-accrual | 10.24 % | 2027-05-31 | $3.0m | $2.9m | $1.7m | 60 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2031-01-31 | $1.7m | $1.7m | $1.7m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 400 , 1.00 % Floor | 2029-08-02 | $1.7m | $1.7m | $1.7m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 1.00 % Floor | 2030-05-01 | $1.7m | $1.7m | $1.7m | 101 |
| First Lien Secured Debt - Term Loan non-accrualaffiliated | 15.84 % | 2026-07-31 | $2.8m | $2.6m | $1.7m | 64 |
| First Lien Secured Debt - Revolver | P + 460 , 1.00 % Floor | 2026-11-18 | $1.8m | $1.8m | $1.7m | 94 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 0.75 % Floor | 2030-10-03 | $1.7m | $1.7m | $1.6m | 96 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2028-11-22 | $1.7m | $1.7m | $1.6m | 95 |
| First Lien Secured Debt - Term Loan | SOFR + 610 , 1.00 % Floor | 2029-04-26 | $1.9m | $1.9m | $1.6m | 85 |
| First Lien Secured Debt - Revolver | SOFR + 560 , 1.00 % Floor | 2028-12-04 | $1.6m | $1.6m | $1.5m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 585 , 1.00 % Floor | 2028-06-30 | $1.6m | $1.6m | $1.5m | 98 |
| First Lien Secured Debt - Delayed Draw | CORRA + 450 , 0.75 % Floor | 2030-07-22 | $2.2m | $1.6m | $1.5m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-03-04 | $1.5m | $1.5m | $1.5m | 100 |
| First Lien Secured Debt - Term Loan | SOFR+ 500 , 1.00 % Floor | 2029-11-06 | $1.5m | $1.5m | $1.5m | 99 |
| First Lien Secured Debt - Term Loan | 6.95 % | 2026-11-18 | $1.5m | $1.5m | $1.5m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 650 , 1.00 % Floor | 2029-09-22 | $1.5m | $1.5m | $1.5m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2031-03-24 | $1.5m | $1.5m | $1.4m | 97 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-08-01 | $1.4m | $1.4m | $1.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 565 , 1.00 % Floor | 2027-08-02 | $1.4m | $1.4m | $1.4m | 100 |
| First Lien Secured Debt - Term Loan non-accrual | 8.18 % | 2028-03-06 | $3.8m | $3.3m | $1.4m | 42 |
| First Lien Secured Debt - Delayed Draw | EURIBOR + 525 , 0.00 % Floor | 2031-04-02 | $1.2m | $1.3m | $1.4m | 108 |
| First Lien Secured Debt - Term Loan | EURIBOR + 500 , 0.75 % Floor | 2032-06-12 | $1.2m | $1.3m | $1.3m | 98 |
| First Lien Secured Debt - Revolver | P + 400 , 1.00 % Floor | 2030-07-18 | $1.4m | $1.4m | $1.3m | 94 |
| First Lien Secured Debt - Revolver | SOFR + 626 , 1.00 % Floor | 2027-02-11 | $1.3m | $1.3m | $1.3m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 635 , 1.00 % Floor | 2027-05-17 | $1.3m | $1.3m | $1.3m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 575 , 1.00 % Floor | 2030-01-18 | $1.6m | $1.6m | $1.3m | 81 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-05-01 | $1.3m | $1.3m | $1.3m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.00 % Floor | 2032-03-31 | $1.3m | $1.3m | $1.2m | 95 |
| First Lien Secured Debt - Revolver | SOFR + 1260 PIK, 1.00 % Floor | 2027-01-31 | $1.3m | $1.2m | $1.2m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 560 , 1.00 % Floor | 2027-09-22 | $1.1m | $1.1m | $1.1m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2030-03-27 | $1.2m | $1.2m | $1.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 585 , 1.00 % Floor | 2027-11-12 | $1.1m | $1.1m | $1.1m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 675 , 1.00 % Floor | 2030-04-29 | $1.2m | $1.1m | $1.1m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 575 , 1.00 % Floor | 2029-07-18 | $1.3m | $1.2m | $1.1m | 88 |
| First Lien Secured Debt - Revolver | SOFR + 690 , 1.00 % Floor | 2028-03-08 | $1.1m | $1.1m | $1.1m | 96 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2030-06-07 | $1.1m | $1.1m | $1.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 560 Cash plus 1.00 % PIK, 1.00 % Floor | 2028-03-01 | $1.0m | $1.0m | $1.0m | 100 |
| First Lien Secured Debt - Delayed Draw non-accrual | 4.65 % | 2026-09-30 | $2.2m | $1.8m | $1.0m | 55 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.00 % Floor | 2029-05-01 | $1.0m | $1.0m | $1.0m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2029-05-01 | $1.0m | $1.0m | $1.0m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2031-08-06 | $1.0m | $1.0m | $1.0m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 675 , 1.00 % Floor | 2028-07-18 | $1.0m | $1.0m | $1.0m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2029-12-07 | $1.0m | $1.0m | $0.9m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 650 , 1.00 % Floor | 2029-09-22 | $1.1m | $1.0m | $0.9m | 91 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2030-05-01 | $0.9m | $0.9m | $0.9m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 585 , 1.00 % Floor | 2027-11-12 | $0.9m | $0.9m | $0.9m | 99 |
| First Lien Secured Debt - Term Loan non-accrual | 10.20 % | 2028-01-12 | $1.1m | $1.1m | $0.9m | 77 |
| First Lien Secured Debt - Term Loan | SOFR + 550 , 3.00 % Floor | 2029-08-05 | $0.8m | $0.8m | $0.8m | 93 |
| First Lien Secured Debt - Revolver | SOFR + 650 , 1.00 % Floor | 2029-09-22 | $0.8m | $0.8m | $0.8m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-04-30 | $0.8m | $0.8m | $0.8m | 95 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2031-05-01 | $0.8m | $0.8m | $0.8m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2031-01-02 | $0.8m | $0.7m | $0.8m | 102 |
| First Lien Secured Debt - Delayed Draw | SOFR + 575 , 1.00 % Floor | 2028-05-12 | $0.8m | $0.7m | $0.7m | 95 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2028-09-22 | $0.7m | $0.7m | $0.7m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-03-04 | $0.7m | $0.7m | $0.7m | 100 |
| First Lien Secured Debt - Revolver non-accrual | 12.27 % | 2027-01-31 | $1.5m | $1.4m | $0.7m | 48 |
| First Lien Secured Debt - Revolver | SOFR + 635 , 1.00 % Floor | 2027-05-17 | $0.7m | $0.7m | $0.7m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2029-06-14 | $0.7m | $0.7m | $0.7m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 250 Cash plus 4.75 % PIK, 1.00 % Floor | 2029-03-22 | $0.7m | $0.7m | $0.6m | 96 |
| First Lien Secured Debt - Revolver | SOFR + 875 (Inclusive of 9.95 % PIK), 1.00 % Floor | 2029-06-16 | $1.1m | $1.0m | $0.6m | 62 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2029-12-07 | $0.7m | $0.7m | $0.6m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2030-07-01 | $0.7m | $0.7m | $0.6m | 92 |
| First Lien Secured Debt - Revolver non-accrual | 11.03 % | 2026-02-02 | $0.9m | $0.9m | $0.6m | 71 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 0.75 % Floor | 2032-12-30 | $0.7m | $0.6m | $0.6m | 96 |
| First Lien Secured Debt - Delayed Draw | SOFR + 710 , 1.00 % Floor | 2028-12-21 | $0.6m | $0.6m | $0.6m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 675 , 1.00 % Floor | 2028-07-18 | $0.6m | $0.6m | $0.6m | 98 |
| First Lien Secured Debt - Revolver non-accrual | 10.30 % | 2026-09-30 | $1.4m | $1.2m | $0.6m | 46 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 1.00 % Floor | 2031-03-17 | $0.6m | $0.6m | $0.6m | 102 |
| First Lien Secured Debt - Revolver | SOFR + 590 , 1.00 % Floor | 2026-06-01 | $0.6m | $0.6m | $0.6m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2031-06-30 | $0.6m | $0.6m | $0.6m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2029-03-30 | $0.5m | $0.5m | $0.5m | 101 |
| First Lien Secured Debt - Revolver non-accrual | 10.45 % | 2028-01-12 | $0.6m | $0.6m | $0.5m | 77 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2030-08-02 | $0.6m | $0.6m | $0.5m | 88 |
| First Lien Secured Debt - Revolver | SOFR + 560 , 1.00 % Floor | 2030-08-30 | $0.5m | $0.5m | $0.5m | 102 |
| First Lien Secured Debt - Revolver | SOFR + 115 Cash plus 6.75 % PIK, 1.00 % Floor | 2027-04-12 | $0.6m | $0.6m | $0.5m | 82 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2030-06-21 | $0.5m | $0.5m | $0.5m | 100 |
| First Lien Secured Debt - Revolver | SON + 528 , 0.50 % Floor | 2029-11-26 | $0.4m | $0.4m | $0.5m | 111 |
| First Lien Secured Debt - Revolver | SON + 585 , 1.00 % Floor | 2027-11-12 | $0.4m | $0.5m | $0.5m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 540 , 1.00 % Floor | 2027-08-02 | $0.5m | $0.5m | $0.5m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2031-06-12 | $0.5m | $0.4m | $0.4m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2032-10-21 | $0.5m | $0.4m | $0.4m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 610 , 1.00 % Floor | 2029-04-24 | $0.5m | $0.5m | $0.4m | 84 |
| First Lien Secured Debt - Revolver | SOFR + 625 , 0.00 % Floor | 2030-06-30 | $0.5m | $0.5m | $0.4m | 87 |
| First Lien Secured Debt - Term Loan | SOFR + 200 Cash plus 6.00 % PIK, 1.00 % Floor | 2030-06-20 | $0.9m | $0.8m | $0.4m | 51 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2032-02-13 | $0.4m | $0.4m | $0.4m | 103 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2031-12-31 | $0.4m | $0.4m | $0.4m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2028-04-26 | $0.4m | $0.4m | $0.4m | 104 |
| First Lien Secured Debt - Revolver | SOFR + 600 , 1.00 % Floor | 2029-08-07 | $0.4m | $0.4m | $0.4m | 94 |
| First Lien Secured Debt - Revolver | SOFR + 400 , 2.00 % Floor | 2029-06-01 | $0.4m | $0.4m | $0.3m | 94 |
| First Lien Secured Debt - Revolver | SOFR + 710 , 1.00 % Floor | 2028-12-21 | $0.3m | $0.3m | $0.3m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 460 , 1.00 % Floor | 2026-09-30 | $0.3m | $0.3m | $0.3m | 109 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2031-06-10 | $0.3m | $0.3m | $0.3m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 350 , 4.00 % Floor | 2029-06-01 | $0.3m | $0.3m | $0.3m | 95 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-05-01 | $0.3m | $0.3m | $0.3m | 92 |
| First Lien Secured Debt - Term Loan non-accrual | 8.00 % | 2030-04-01 | $0.3m | $0.3m | $0.3m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-02-13 | $0.3m | $0.3m | $0.3m | 84 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2031-04-15 | $0.3m | $0.3m | $0.3m | 88 |
| First Lien Secured Debt - Revolver | SOFR + 675 , 1.00 % Floor | 2029-04-19 | $0.2m | $0.2m | $0.2m | 102 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2029-12-24 | $0.2m | $0.2m | $0.2m | 100 |
| First Lien Secured Debt - Term Loan non-accrual | 13.72 % | 2029-01-03 | $0.5m | $0.1m | $0.2m | 443 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2032-06-30 | $0.3m | $0.2m | $0.2m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 585 , 1.00 % Floor | 2026-12-16 | $0.3m | $0.3m | $0.2m | 91 |
| First Lien Secured Debt - Revolver non-accrual | 4.65 % | 2026-09-30 | $0.5m | $0.5m | $0.2m | 47 |
| First Lien Secured Debt - Revolver | EURIBOR + 500 , 0.75 % Floor | 2031-06-12 | $0.2m | $0.2m | $0.2m | 96 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2032-10-21 | $0.2m | $0.2m | $0.2m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-03-01 | $0.2m | $0.2m | $0.2m | 96 |
| First Lien Secured Debt - Revolver | SOFR + 488 , 1.00 % Floor | 2030-03-20 | $0.2m | $0.2m | $0.2m | 103 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 3.00 % Floor | 2029-08-05 | $0.2m | $0.2m | $0.2m | 95 |
| First Lien Secured Debt - Delayed Draw non-accrual | 9.91 % | 2029-05-16 | $0.3m | $0.3m | $0.2m | 66 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2030-07-01 | $0.2m | $0.2m | $0.2m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2029-12-24 | $0.2m | $0.2m | $0.2m | 99 |
| First Lien Secured Debt - Revolver non-accrual | 9.91 % | 2029-05-16 | $0.9m | $0.8m | $0.2m | 18 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2028-05-02 | $0.2m | $0.2m | $0.1m | 92 |
| First Lien Secured Debt - Revolver | P + 425 , 1.00 % Floor | 2030-04-18 | $0.1m | $0.1m | $0.1m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 675 , 1.00 % Floor | 2029-04-30 | $0.1m | $0.1m | $0.1m | 91 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2030-12-20 | $0.1m | $0.1m | $0.1m | 95 |
| First Lien Secured Debt - Term Loan | EURIBOR + 325 Cash plus 2.50 % PIK, 0.75 % Floor | 2031-09-24 | $0.1m | $0.1m | $0.1m | 103 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 2.50 % Floor | 2029-06-24 | $0.2m | $0.1m | $0.1m | 93 |
| First Lien Secured Debt - Revolver non-accrual | 15.21 % | 2029-08-06 | $1.0m | $1.0m | $0.1m | 11 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2031-03-12 | $0.1m | $0.1m | $0.1m | 104 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 1.00 % Floor | 2031-05-16 | $0.2m | $0.2m | $0.1m | 53 |
| First Lien Secured Debt - Delayed Draw | SOFR + 675 , 1.00 % Floor | 2030-04-19 | $0.1m | $0.1m | $0.1m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-08-09 | $0.1m | $0.1m | $0.1m | 85 |
| First Lien Secured Debt - Term Loan non-accrual | 10.00 % | 2030-04-01 | $0.1m | $0.1m | $0.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 585 , 1.00 % Floor | 2028-06-30 | $0.1m | $0.1m | $0.1m | 88 |
| First Lien Secured Debt - Revolver | SOFR + 225 , 0.00 % Floor | 2027-07-13 | $0.1m | $0.1m | $0.1m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2029-12-24 | $0.0m | $0.0m | $0.0m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2030-04-30 | $0.1m | $0.1m | $0.0m | 57 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-04-30 | $0.0m | $0.0m | $0.0m | 84 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2030-03-04 | $0.0m | $0.0m | $0.0m | 104 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2031-07-10 | $0.0m | $0.0m | $0.0m | 124 |
| First Lien Secured Debt - Revolver | SOFR + 510 , 2.50 % Floor | 2029-08-19 | $0.0m | $0.0m | $0.0m | 71 |
| First Lien Secured Debt - Term Loan non-accrual | 10.72 % | 2029-01-03 | $9.4m | $0.0m | $0.0m | 0 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2030-01-31 | $0.0m | $0.0m | $0.0m | — |
| First Lien Secured Debt - Revolver | SON + 500 , 0.00 % Floor | 2031-07-30 | $0.0m | ($0.0m) | $0.0m | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.00 % Floor | 2029-12-26 | $0.0m | ($0.0m) | $0.0m | — |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2029-11-05 | $0.0m | ($0.0m) | $0.0m | — |
| First Lien Secured Debt - Revolver | SOFR + 550 , 0.50 % Floor | 2029-12-17 | $0.0m | ($0.0m) | $0.0m | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2032-06-09 | $0.0m | ($0.0m) | $0.0m | — |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-06-09 | $0.0m | ($0.0m) | $0.0m | — |
| First Lien Secured Debt - Revolver controlled | 10 % | 2026-10-31 | $0.0m | $0.0m | $0.0m | — |
| First Lien Secured Debt - Revolver | SOFR + 618 , 0.75 % Floor | 2030-03-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2032-02-13 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2029-11-19 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 510 , 1.00 % Floor | 2029-06-28 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2032-09-30 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-09-30 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2028-11-03 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 0.75 % Floor | 2029-10-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2029-03-30 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2028-09-22 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2028-03-31 | $0.0m | $0.0m | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2027-06-29 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 540 , 1.00 % Floor | 2027-08-02 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.75 % Floor | 2031-10-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2031-12-31 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2032-11-12 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SON + 500 , 0.50 % Floor | 2029-11-26 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2029-10-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 565 , 1.00 % Floor | 2027-06-16 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2030-06-07 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2029-08-05 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2032-11-12 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2031-02-03 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 1.00 % Floor | 2029-12-23 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.75 % Floor | 2031-10-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2027-09-30 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2031-01-31 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 450 , 1.00 % Floor | 2031-12-08 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 600 , 1.00 % Floor | 2029-04-07 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 675 , 1.00 % Floor | 2030-11-08 | $0.0m | $0.0m | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 600 , 1.00 % Floor | 2028-04-03 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 610 , 1.00 % Floor | 2029-03-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2027-04-16 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 555 , 1.00 % Floor | 2027-08-09 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-06-06 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 575 , 1.00 % Floor | 2029-03-16 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2031-12-15 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2029-05-04 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 510 , 1.00 % Floor | 2027-06-24 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 2.00 % Floor | 2030-07-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-05-05 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2028-11-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2031-04-15 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-08-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2031-06-10 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2029-11-06 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 575 , 1.00 % Floor | 2029-10-22 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2031-12-20 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-09-20 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2031-05-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 510 , 1.00 % Floor | 2029-12-30 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | CORRA + 525 , 1.00 % Floor | 2031-08-06 | $0.0m | $0.0m | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 1.00 % Floor | 2031-12-08 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2029-10-01 | $0.0m | $0.0m | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2032-12-31 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2030-12-18 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 550 , 2.00 % Floor | 2030-05-27 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-02-21 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-07-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-03-18 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 660 , 1.00 % Floor | 2026-07-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2031-12-03 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2031-12-03 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2031-05-16 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2031-10-22 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2032-06-12 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 685 , 0.75 % Floor | 2027-12-31 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 450 , 1.00 % Floor | 2031-05-16 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 560 , 1.00 % Floor | 2029-02-02 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 2.00 % Floor | 2030-07-01 | $0.0m | ($0.1m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | CORRA + 450 , 0.75 % Floor | 2030-07-22 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2030-11-26 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2029-08-20 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 575 , 0.75 % Floor | 2030-02-20 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2031-03-12 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2028-11-22 | $0.0m | $0.0m | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2032-06-30 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 560 , 1.00 % Floor | 2027-08-10 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2032-08-26 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 450 , 1.00 % Floor | 2030-04-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-01-14 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2032-08-12 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2031-10-17 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2029-08-20 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2029-10-16 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 575 , 1.00 % Floor | 2031-02-05 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 575 , 0.75 % Floor | 2030-02-20 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2031-01-07 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2031-02-14 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2029-10-02 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2030-11-27 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2032-03-18 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2032-02-03 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2032-08-26 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2030-12-17 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2030-07-22 | $0.0m | $0.0m | ($0.1m) | -6900 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 0.75 % Floor | 2030-12-17 | $0.0m | ($0.1m) | ($0.1m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2032-02-03 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.50 % Floor | 2031-01-31 | $0.0m | ($0.1m) | ($0.1m) | — |
| First Lien Secured Debt - Revolver | SOFR + 600 , 1.00 % Floor | 2028-08-10 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-08-01 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 0.75 % Floor | 2031-01-07 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2030-10-31 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-07-18 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Revolver | SOFR + 510 Cash plus 2.00 % PIK, 1.00 % Floor | 2027-09-17 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 600 , 4.00 % Floor | 2029-06-01 | $0.0m | $0.0m | ($0.1m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-11-27 | $0.0m | ($0.0m) | ($0.2m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 0.75 % Floor | 2030-10-03 | $0.0m | ($0.1m) | ($0.2m) | — |
| First Lien Secured Debt - Revolver non-accrual | 10.24 % | 2027-05-31 | $0.6m | $0.6m | ($0.2m) | -40 |
| First Lien Secured Debt - Delayed Draw | SON + 325 Cash plus 2.50 % PIK, 0.75 % Floor | 2031-09-24 | $0.0m | ($0.1m) | ($0.2m) | — |
Common Equity 54 $184.0m $108.9m 3.7% — ($7.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Membership Interests controlled | N/A | — | $0.0m | $71.5m | $80.7m | 113 |
| Common Equity - Common Equity / Interest affiliated | N/A | — | 12,456,274 sh | $56.5m | $16.2m | 29 |
| Common Equity - Membership Interests affiliated | N/A | — | 531,312 sh | $4.7m | $2.6m | 55 |
| Common Equity - Equity Interests | N/A | — | 1,369,301 sh | $1.5m | $1.5m | 104 |
| Common Equity - Common Stock | N/A | — | 1,010 sh | $0.0m | $1.4m | 3030 |
| Common Equity - Series A-1 Units | N/A | — | 631,972 sh | $0.6m | $1.2m | 197 |
| Common Equity - Common Stock | N/A | — | 241 sh | $0.5m | $0.5m | 109 |
| Common Equity - Common Stock | N/A | — | 217,892 sh | $0.1m | $0.4m | 395 |
| Common Equity - Membership Interests | N/A | — | 96,956 sh | $0.1m | $0.3m | 347 |
| Common Equity - Common Stock | N/A | — | 218,978 sh | $0.2m | $0.3m | 149 |
| Common Equity - Common Stock | N/A | — | 3,060 sh | $0.6m | $0.2m | 42 |
| Common Equity - Common Stock | N/A | — | 100 sh | $0.1m | $0.2m | 237 |
| Common Equity - Common Stock | N/A | — | 133 sh | $0.1m | $0.2m | 171 |
| Common Equity - Common Stock | N/A | — | 158 sh | $0.2m | $0.2m | 122 |
| Common Equity - Common Stock | N/A | — | 100,000 sh | $0.1m | $0.2m | 207 |
| Common Equity - Common Stock | N/A | — | 213 sh | $0.2m | $0.2m | 94 |
| Common Equity - Common Stock | N/A | — | 2,439 sh | $0.2m | $0.2m | 70 |
| Common Equity - Common Stock | N/A | — | 100 sh | $0.1m | $0.2m | 166 |
| Common Equity - Common Stock | N/A | — | 5,000 sh | $0.5m | $0.1m | 30 |
| Common Equity - Common Stock | N/A | — | 125,967 sh | $23.7m | $0.1m | 1 |
| Common Equity - Class A-1 Common affiliated | N/A | — | 5,000 sh | $0.0m | $0.1m | — |
| Common Equity - Common Stock | N/A | — | 125 sh | $0.1m | $0.1m | 106 |
| Common Equity - Common Stock | N/A | — | 1,088 sh | $0.1m | $0.1m | 114 |
| Common Equity - Common Stock | N/A | — | 70,183 sh | $0.1m | $0.1m | 127 |
| Common Equity - Common Stock | N/A | — | 1,176 sh | $0.0m | $0.1m | 11300 |
| Common Equity - Membership Interests | N/A | — | 100,000 sh | $0.1m | $0.1m | 104 |
| Common Equity - Common Stock | N/A | — | 100,000 sh | $0.1m | $0.1m | 100 |
| Common Equity - Common Stock | N/A | — | 1,368,286 sh | $16.8m | $0.1m | 1 |
| Common Equity - Common Stock | N/A | — | 100,000 sh | $0.1m | $0.1m | 90 |
| Common Equity - Common Stock | N/A | — | 34,226 sh | $0.0m | $0.1m | — |
| Common Equity - Common Stock | N/A | — | 100 sh | $0.1m | $0.1m | 83 |
| Common Equity - Membership Interests | N/A | — | 279 sh | $0.1m | $0.1m | 72 |
| Common Equity - Common Stock affiliated | N/A | — | 1,000,032 sh | $1.0m | $0.1m | 6 |
| Common Equity - Common Stock | N/A | — | 837 sh | $0.1m | $0.0m | 76 |
| Common Equity - Common Stock | N/A | — | 773 sh | $0.1m | $0.0m | 56 |
| Common Equity - Common Stock | N/A | — | 6,266 sh | $0.1m | $0.0m | 51 |
| Common Equity - Common Stock | N/A | — | 331 sh | $0.1m | $0.0m | 70 |
| Common Equity - Common Stock | N/A | — | 137,931 sh | $0.1m | $0.0m | 24 |
| Common Equity - Common Stock | N/A | — | 42 sh | $0.0m | $0.0m | 76 |
| Common Equity - Common Stock | N/A | — | 98,860 sh | $0.5m | $0.0m | 6 |
| Common Equity - Common Stock | N/A | — | 185 sh | $0.2m | $0.0m | 5 |
| Common Equity - Common Stock | N/A | — | 741 sh | $0.0m | $0.0m | 300 |
| Common Equity - Common Stock | N/A | — | 1,000 sh | $0.0m | $0.0m | 100 |
| Common Equity - Common Stock | N/A | — | 107 sh | $0.0m | $0.0m | — |
| Common Equity - Common Stock affiliated | N/A | — | 5 sh | $0.0m | $0.0m | — |
| Common Equity - Common Stock | N/A | — | 1,106,939 sh | $0.8m | $0.0m | 0 |
| Common Equity - Series A Units | N/A | — | 169 sh | $0.2m | $0.0m | 0 |
| Common Equity - Common Stock | N/A | — | 250,000 sh | $0.2m | $0.0m | 0 |
| Common Equity - Common Stock | N/A | — | 589 sh | $0.0m | $0.0m | 0 |
| Common Equity - Common Stock affiliated | N/A | — | 5,012,171 sh | $0.7m | $0.0m | 0 |
| Common Equity - Common Stock | N/A | — | 8,648 sh | $0.0m | $0.0m | — |
| Common Equity - Common Stock | N/A | — | 11,937 sh | $0.0m | $0.0m | — |
| Common Equity - Common Stock | N/A | — | 2 sh | $0.1m | $0.0m | 0 |
| Common Equity - Common Stock | N/A | — | 6,125 sh | $0.6m | $0.0m | 0 |
Preferred Equity 18 $24.4m $18.6m 0.6% — ($8.5m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Preferred Equity - Preferred Equity controlled | N/A | — | 7,800 sh | $6.0m | $6.8m | 114 |
| Preferred Equity - Preferred Equity | N/A | — | 11,937 sh | $10.8m | $6.1m | 56 |
| Preferred Equity - Class P-1 Preferred affiliated | N/A | — | 13,195 sh | $1.7m | $2.9m | 169 |
| Preferred Equity - Preferred Equity | N/A | — | 11,749 sh | $0.5m | $0.7m | 138 |
| Preferred Equity - Preferred Equity | N/A | — | 589 sh | $0.4m | $0.5m | 106 |
| Preferred Equity - Preferred Stock | N/A | — | 534,375 sh | $0.5m | $0.5m | 88 |
| Preferred Equity - Preferred Equity | N/A | — | 55,556 sh | $0.3m | $0.3m | 100 |
| Preferred Equity - Preferred Equity | N/A | — | 491,405 sh | $0.5m | $0.2m | 43 |
| Preferred Equity - Preferred Equity | N/A | — | 1,000 sh | $0.1m | $0.1m | 100 |
| Preferred Equity - Preferred Equity | N/A | — | 99,000 sh | $0.1m | $0.1m | 98 |
| Preferred Equity - Preferred Equity | N/A | — | 50,000 sh | $0.1m | $0.1m | 178 |
| Preferred Equity - Preferred Equity | N/A | — | 116 sh | $0.1m | $0.1m | 72 |
| Preferred Equity - Preferred Equity | N/A | — | 5,405 sh | $0.1m | $0.1m | 81 |
| Preferred Equity - Preferred Equity | N/A | — | 30 sh | $0.0m | $0.1m | 236 |
| Preferred Equity - Preferred Equity | N/A | — | 36,288 sh | $0.0m | $0.0m | 98 |
| Preferred Equity - Preferred Equity | N/A | — | 40 sh | $0.0m | $0.0m | 200 |
| Preferred Equity - Class P Partnership Units | N/A | — | 11 sh | $0.0m | $0.0m | 9 |
| Preferred Equity - Preferred Equity | N/A | — | 10,710 sh | $2.9m | $0.0m | 0 |
Structured Products and Other 2 $32.5m $16.6m 0.6% — ($1.8m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Structured Products and Other - Membership Interests affiliated | N/A | — | $0.0m | $19.0m | $9.1m | 48 |
| Structured Products and Other - Membership Interests affiliated | N/A | — | $0.0m | $13.5m | $7.5m | 55 |
Secured Debt 2 $13.5m $13.0m 0.4% 1.6y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Secured Debt - Promissory Note affiliated | 6.50 % | 2027-10-14 | $12.5m | $12.5m | $12.3m | 99 |
| Secured Debt - Promissory Note | N/A | 2028-06-28 | $1.7m | $1.0m | $0.7m | 70 |
Unsecured Debt 3 $3.4m $3.0m 0.1% 4.7y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Unsecured Debt - Term Loan | N/A | 2030-12-31 | $1.8m | $1.8m | $1.8m | 100 |
| Unsecured Debt - Corporate Bond | 4.13 % | 2030-12-01 | $2.0m | $1.5m | $1.2m | 80 |
| Unsecured Debt - Promissory Note | 11.34 % | 2030-07-11 | $0.0m | $0.0m | $0.0m | 0 |
Warrants 2 $0.4m $0.1m 0.0% — ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Warrants - Warrants | N/A | — | 73,333 sh | $0.4m | $0.1m | 34 |
| Warrants - Warrants affiliated | N/A | — | 970,252 sh | $0.0m | $0.0m | — |
Second Lien Secured Debt 2 $7.8m $0.1m 0.0% 7.7y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Second Lien Secured Debt - Term Loan non-accrual | 12.28 % | 2033-11-24 | $0.1m | $0.1m | $0.1m | 56 |
| Second Lien Secured Debt - Term Loan non-accrual | 12.98 % | 2026-09-30 | $9.5m | $7.7m | $0.0m | 0 |
By industry
Each industry foots to the subtotal printed in the filing (gate PF-001).
Software 58 $342.7m $327.4m 11.0% 3.3y ($33.8m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Zephyr Buyer, L.P. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.50 % Floor | 2031-01-31 | $30.4m | $29.8m | $29.8m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.50 % Floor | 2031-01-31 | $0.0m | ($0.1m) | ($0.1m) | — |
| Litify LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2029-02-02 | $29.2m | $28.7m | $28.1m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 560 , 1.00 % Floor | 2029-02-02 | $0.0m | ($0.0m) | ($0.0m) | — |
| Digital.ai Software Holdings, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 600 , 1.00 % Floor | 2028-08-10 | $22.6m | $22.3m | $21.8m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 600 , 1.00 % Floor | 2028-08-10 | $0.0m | ($0.0m) | ($0.1m) | — |
| Telesoft Holdings, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 585 , 1.00 % Floor | 2026-12-16 | $21.4m | $21.3m | $21.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 585 , 1.00 % Floor | 2026-12-16 | $0.3m | $0.3m | $0.2m | 91 |
| EVER.AG Corporation | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 510 , 1.00 % Floor | 2027-06-24 | $20.5m | $20.4m | $20.3m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 510 , 1.00 % Floor | 2027-06-24 | $0.0m | ($0.0m) | ($0.0m) | — |
| Asure Software, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 2.00 % Floor | 2030-04-01 | $6.7m | $6.6m | $6.5m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 2.00 % Floor | 2030-04-01 | $13.3m | $13.3m | $13.1m | 99 |
| Magnate Holding Corp. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 625 , 0.50 % Floor | 2026-12-31 | $20.7m | $20.7m | $19.6m | 95 |
| Uniguest Holdings, Inc | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-11-27 | $19.6m | $19.3m | $18.8m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-11-27 | $0.0m | ($0.0m) | ($0.2m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2030-11-27 | $0.0m | ($0.0m) | ($0.1m) | — |
| F&M Buyer LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-03-18 | $16.9m | $16.8m | $16.7m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2032-03-18 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-03-18 | $0.0m | ($0.0m) | ($0.0m) | — |
| Zafin Labs Americas Incorporated | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2031-02-14 | $16.7m | $16.5m | $16.4m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2031-02-14 | $0.0m | ($0.0m) | ($0.0m) | — |
| AMI Buyer, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2031-10-17 | $13.0m | $12.8m | $12.7m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2031-10-17 | $0.0m | ($0.0m) | ($0.0m) | — |
| Uplight, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 600 , 4.00 % Floor | 2029-06-01 | $10.0m | $9.9m | $9.8m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 600 , 4.00 % Floor | 2029-06-01 | $0.0m | $0.0m | ($0.1m) | — |
| First Lien Secured Debt - Revolver | SOFR + 350 , 4.00 % Floor | 2029-06-01 | $0.3m | $0.3m | $0.3m | 95 |
| Lookout, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 625 , 3.00 % Floor | 2029-06-01 | $5.0m | $5.0m | $5.0m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 625 , 3.00 % Floor | 2029-06-01 | $5.0m | $5.0m | $5.0m | 99 |
| Texada Software LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2030-04-30 | $6.9m | $6.8m | $6.6m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 1.00 % Floor | 2030-04-30 | $2.1m | $2.0m | $2.0m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2030-04-30 | $0.1m | $0.1m | $0.0m | 57 |
| Ichor Management Limited | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2029-12-08 | $8.9m | $8.7m | $8.4m | 97 |
| Zendesk, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2028-11-22 | $6.6m | $6.6m | $6.3m | 95 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2028-11-22 | $1.7m | $1.7m | $1.6m | 95 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2028-11-22 | $0.0m | $0.0m | ($0.0m) | — |
| mPulse Mobile, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2032-08-26 | $8.1m | $8.0m | $7.7m | 96 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2032-08-26 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2032-08-26 | $0.0m | ($0.0m) | ($0.1m) | — |
| Four Winds Interactive LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 575 , 0.75 % Floor | 2030-02-20 | $7.5m | $7.4m | $7.3m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 575 , 0.75 % Floor | 2030-02-20 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 575 , 0.75 % Floor | 2030-02-20 | $0.0m | ($0.0m) | ($0.0m) | — |
| Polaris Newco, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 426 , 0.50 % Floor | 2028-06-02 | $8.0m | $8.0m | $7.1m | 89 |
| Colonnade Parent Inc (fka Naviga Inc.) | ||||||
| First Lien Secured Debt - Term Loan non-accrual | 4.65 % | 2026-09-30 | $12.9m | $10.7m | $5.8m | 54 |
| First Lien Secured Debt - Delayed Draw non-accrual | 4.65 % | 2026-09-30 | $2.2m | $1.8m | $1.0m | 55 |
| First Lien Secured Debt - Revolver non-accrual | 4.65 % | 2026-09-30 | $0.5m | $0.5m | $0.2m | 47 |
| Evergreen IX Borrower 2023, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2030-09-30 | $7.0m | $7.0m | $6.9m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2029-10-01 | $0.0m | $0.0m | ($0.0m) | — |
| Simeio Group Holdings, Inc. | ||||||
| First Lien Secured Debt - Term Loan non-accrual | 11.03 % | 2026-02-02 | $8.1m | $8.1m | $5.7m | 70 |
| First Lien Secured Debt - Revolver non-accrual | 11.03 % | 2026-02-02 | $0.9m | $0.9m | $0.6m | 71 |
| Crewline Buyer, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 675 , 1.00 % Floor | 2030-11-08 | $5.6m | $5.6m | $5.5m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 675 , 1.00 % Floor | 2030-11-08 | $0.0m | $0.0m | ($0.0m) | — |
| Angel Lux Bidco S.a.r.l. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.00 % Floor | 2032-12-20 | $5.0m | $5.0m | $5.0m | 100 |
| IQN Holding Corp. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 263 Cash plus 3.13 % PIK, 0.75 % Floor | 2029-05-02 | $4.5m | $4.5m | $4.3m | 95 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2028-05-02 | $0.2m | $0.2m | $0.1m | 92 |
| RMCF V CIV L, L.P. | ||||||
| Common Equity - Common Stock | N/A | — | 241 sh | $0.5m | $0.5m | 109 |
| Litify Holdings Inc. | ||||||
| Common Equity - Common Stock | N/A | — | 217,892 sh | $0.1m | $0.4m | 395 |
| SPS Commerce, Inc. | ||||||
| Common Equity - Common Stock | N/A | — | 837 sh | $0.1m | $0.0m | 76 |
| Riverbed Technology, Inc. | ||||||
| First Lien Secured Debt - Revolver | SOFR + 600 , 1.00 % Floor | 2028-04-03 | $0.0m | ($0.0m) | ($0.0m) | — |
Health Care Providers & Services 55 $306.0m $280.3m 9.4% 2.9y ($6.5m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Thomas Scientific, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 640 , 1.00 % Floor | 2027-12-14 | $32.9m | $32.6m | $31.6m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 640 , 1.00 % Floor | 2027-12-14 | $2.4m | $2.3m | $2.2m | 96 |
| TS Investors, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2029-05-04 | $13.6m | $13.4m | $13.5m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2029-05-04 | $13.7m | $13.6m | $13.6m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2029-05-04 | $0.0m | ($0.0m) | ($0.0m) | — |
| Kure Pain Holdings, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2030-08-30 | $17.9m | $17.9m | $17.7m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2030-08-31 | $4.3m | $4.2m | $4.2m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 560 , 1.00 % Floor | 2030-08-30 | $0.5m | $0.5m | $0.5m | 102 |
| Rarebreed Veterinary Partners, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-04-18 | $4.2m | $4.1m | $4.1m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-04-18 | $18.3m | $18.1m | $18.0m | 100 |
| First Lien Secured Debt - Revolver | P + 425 , 1.00 % Floor | 2030-04-18 | $0.1m | $0.1m | $0.1m | 98 |
| Midwest Vision Partners Management, LLC | ||||||
| First Lien Secured Debt - Term Loan non-accrual | 10.45 % | 2028-01-12 | $21.9m | $21.8m | $16.8m | 77 |
| First Lien Secured Debt - Term Loan non-accrual | 10.20 % | 2028-01-12 | $1.1m | $1.1m | $0.9m | 77 |
| First Lien Secured Debt - Revolver non-accrual | 10.45 % | 2028-01-12 | $0.6m | $0.6m | $0.5m | 77 |
| Amplity Parent, Inc. | ||||||
| First Lien Secured Debt - Term Loan non-accrual | 12.27 % | 2027-01-31 | $26.8m | $25.9m | $15.9m | 62 |
| First Lien Secured Debt - Revolver | SOFR + 1260 PIK, 1.00 % Floor | 2027-01-31 | $1.3m | $1.2m | $1.2m | 99 |
| First Lien Secured Debt - Revolver non-accrual | 12.27 % | 2027-01-31 | $1.5m | $1.4m | $0.7m | 48 |
| ExactCare Parent, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2029-11-05 | $17.7m | $17.3m | $17.7m | 102 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2029-11-05 | $0.0m | ($0.0m) | $0.0m | — |
| WellDyneRx, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 685 , 0.75 % Floor | 2027-12-31 | $17.4m | $17.2m | $17.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 685 , 0.75 % Floor | 2027-12-31 | $0.0m | ($0.0m) | ($0.0m) | — |
| EmpiRx Health LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2029-08-05 | $8.7m | $8.6m | $8.6m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2029-08-06 | $5.0m | $4.9m | $5.0m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2029-08-05 | $0.0m | ($0.0m) | ($0.0m) | — |
| LS Clinical Services Holdings, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 875 (Inclusive of 9.95 % PIK), 1.00 % Floor | 2029-12-16 | $16.8m | $16.7m | $12.8m | 77 |
| First Lien Secured Debt - Revolver | SOFR + 875 (Inclusive of 9.95 % PIK), 1.00 % Floor | 2029-06-16 | $1.1m | $1.0m | $0.6m | 62 |
| Maxor National Pharmacy Services, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 610 , 1.00 % Floor | 2029-03-01 | $13.0m | $12.8m | $12.9m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 610 , 1.00 % Floor | 2029-03-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| OMH-Healthedge Holdings, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 450 , 1.00 % Floor | 2030-04-01 | $11.9m | $11.9m | $11.5m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 1.00 % Floor | 2030-04-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| All Star Recruiting Locums, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2030-05-01 | $7.3m | $7.2m | $7.3m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 1.00 % Floor | 2030-05-01 | $1.7m | $1.7m | $1.7m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2030-05-01 | $0.9m | $0.9m | $0.9m | 101 |
| Maxor Acquisition, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 610 , 1.00 % Floor | 2029-03-01 | $9.9m | $9.8m | $9.8m | 100 |
| Alcami Corporation | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 710 , 1.00 % Floor | 2028-12-21 | $8.0m | $7.8m | $7.9m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 710 , 1.00 % Floor | 2028-12-21 | $0.6m | $0.6m | $0.6m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 710 , 1.00 % Floor | 2028-12-21 | $0.3m | $0.3m | $0.3m | 101 |
| Premier Imaging, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 426 Cash plus 2.00 % PIK, 1.00 % Floor | 2027-10-31 | $8.8m | $8.7m | $6.6m | 76 |
| Pure Upper Holdco LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2031-12-03 | $6.4m | $6.4m | $6.3m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2031-12-03 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2031-12-03 | $0.0m | ($0.0m) | ($0.0m) | — |
| Pace Health Companies, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 565 , 1.00 % Floor | 2027-08-02 | $1.4m | $1.4m | $1.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 540 , 1.00 % Floor | 2027-08-02 | $0.5m | $0.5m | $0.5m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 540 , 1.00 % Floor | 2027-08-02 | $3.4m | $3.4m | $3.3m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 540 , 1.00 % Floor | 2027-08-02 | $0.0m | ($0.0m) | ($0.0m) | — |
| Tarrytown Acquisition Holdings, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2032-11-12 | $3.6m | $3.5m | $3.5m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2032-11-12 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2032-11-12 | $0.0m | ($0.0m) | ($0.0m) | — |
| Ingenovis Health, Inc. (CCRR Parent Inc) | ||||||
| First Lien Secured Debt - Term Loan non-accrual | 8.18 % | 2028-03-06 | $3.8m | $3.3m | $1.4m | 42 |
| KCF Puerto Rico, LLC | ||||||
| Secured Debt - Promissory Note | N/A | 2028-06-28 | $1.7m | $1.0m | $0.7m | 70 |
| Clearway Corporation (f/k/a NP/Clearway Holdings, Inc.) | ||||||
| Common Equity - Common Stock | N/A | — | 133 sh | $0.1m | $0.2m | 171 |
| Xanitos TopCo, LLC | ||||||
| Common Equity - Membership Interests | N/A | — | 100,000 sh | $0.1m | $0.1m | 104 |
| Maxor Topco, L.P. | ||||||
| Preferred Equity - Preferred Equity | N/A | — | 50,000 sh | $0.1m | $0.1m | 178 |
| BSP-TS, LP | ||||||
| Preferred Equity - Preferred Equity | N/A | — | 30 sh | $0.0m | $0.1m | 236 |
| Common Equity - Common Stock | N/A | — | 185 sh | $0.2m | $0.0m | 5 |
Diversified Consumer Services 42 $206.9m $203.6m 6.9% 2.3y ($0.5m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Club Car Wash Operating, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 565 , 1.00 % Floor | 2027-06-16 | $11.7m | $11.6m | $11.6m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 565 , 1.00 % Floor | 2027-06-16 | $22.7m | $22.5m | $22.6m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 565 , 1.00 % Floor | 2027-06-16 | $0.0m | ($0.0m) | ($0.0m) | — |
| USLS Acquisition, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 565 , 1.00 % Floor | 2026-06-01 | $28.0m | $28.0m | $27.9m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 565 , 1.00 % Floor | 2026-06-01 | $5.5m | $5.5m | $5.5m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 590 , 1.00 % Floor | 2026-06-01 | $0.6m | $0.6m | $0.6m | 99 |
| CI (MG) GROUP, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2030-03-27 | $18.8m | $18.6m | $18.5m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 1.00 % Floor | 2030-03-27 | $4.7m | $4.6m | $4.6m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2030-03-27 | $1.2m | $1.2m | $1.1m | 99 |
| Marlin DTC-LS Midco 2, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 660 , 1.00 % Floor | 2026-07-01 | $20.3m | $20.3m | $19.6m | 96 |
| First Lien Secured Debt - Revolver | SOFR + 660 , 1.00 % Floor | 2026-07-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| Excelligence Learning Corporation | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2030-01-18 | $15.2m | $15.0m | $13.1m | 88 |
| First Lien Secured Debt - Revolver | SOFR + 575 , 1.00 % Floor | 2030-01-18 | $1.6m | $1.6m | $1.3m | 81 |
| Gateway US Holdings, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2028-09-22 | $12.5m | $12.5m | $12.4m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2028-09-22 | $0.7m | $0.7m | $0.7m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2028-09-22 | $0.0m | ($0.0m) | ($0.0m) | — |
| TCW Midco LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2029-10-22 | $4.9m | $4.9m | $4.8m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 575 , 1.00 % Floor | 2029-10-22 | $6.6m | $6.5m | $6.5m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 575 , 1.00 % Floor | 2029-10-22 | $0.0m | ($0.0m) | ($0.0m) | — |
| SEV Intermediate Holdco, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2030-06-21 | $8.2m | $8.1m | $8.1m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 0.75 % Floor | 2030-06-21 | $2.3m | $2.3m | $2.3m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2030-06-21 | $0.5m | $0.5m | $0.5m | 100 |
| Go Car Wash Management, Corp. | ||||||
| First Lien Secured Debt - Delayed Draw | SOFR + 585 , 1.00 % Floor | 2028-06-30 | $9.2m | $9.1m | $9.0m | 98 |
| Ultra Clean Holdco LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-07-01 | $2.5m | $2.4m | $2.4m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-07-01 | $5.5m | $5.4m | $5.3m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-07-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| Regis Corporation | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 450 , 2.50 % Floor | 2029-06-24 | $6.6m | $6.5m | $6.5m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 2.50 % Floor | 2029-06-24 | $0.2m | $0.1m | $0.1m | 93 |
| Lotus Topco Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2030-06-07 | $5.2m | $5.1m | $5.1m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2030-06-07 | $1.1m | $1.1m | $1.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2030-06-07 | $0.0m | ($0.0m) | ($0.0m) | — |
| Eagle Purchaser, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 250 Cash plus 4.75 % PIK, 1.00 % Floor | 2030-03-22 | $4.0m | $4.0m | $3.7m | 94 |
| First Lien Secured Debt - Revolver | SOFR + 250 Cash plus 4.75 % PIK, 1.00 % Floor | 2029-03-22 | $0.7m | $0.7m | $0.6m | 96 |
| Village Pet Care, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 650 , 1.00 % Floor | 2029-09-22 | $1.5m | $1.5m | $1.5m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 650 , 1.00 % Floor | 2029-09-22 | $1.1m | $1.0m | $0.9m | 91 |
| First Lien Secured Debt - Revolver | SOFR + 650 , 1.00 % Floor | 2029-09-22 | $0.8m | $0.8m | $0.8m | 98 |
| Birch Group of Clinics Acquireco Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-12-31 | $1.9m | $1.8m | $1.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2031-12-31 | $0.4m | $0.4m | $0.4m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2031-12-31 | $0.0m | ($0.0m) | ($0.0m) | — |
| Go Car Wash Management Corp. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 585 , 1.00 % Floor | 2028-06-30 | $1.6m | $1.6m | $1.5m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 585 , 1.00 % Floor | 2028-06-30 | $0.1m | $0.1m | $0.1m | 88 |
| US Legal Support Investment Holdings, LLC | ||||||
| Common Equity - Series A-1 Units | N/A | — | 631,972 sh | $0.6m | $1.2m | 197 |
Media 18 $194.6m $194.9m 6.6% 3.1y ($15.5m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| ChyronHego US Holding Corporation | ||||||
| First Lien Secured Debt - Term Loan controlled | SOFR + 350 , 1.75 % Floor | 2029-06-30 | $105.7m | $105.5m | $105.7m | 100 |
| First Lien Secured Debt - Revolver controlled | SOFR + 600 , 1.75 % Floor | 2029-06-30 | $18.5m | $18.5m | $18.5m | 100 |
| HRO (Hero Digital) Holdings, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2028-11-18 | $24.5m | $24.3m | $23.7m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 610 , 1.00 % Floor | 2028-11-18 | $2.1m | $2.1m | $2.0m | 98 |
| First Lien Secured Debt - Revolver | P + 460 , 1.00 % Floor | 2026-11-18 | $1.8m | $1.8m | $1.7m | 94 |
| KL Charlie Acquisition Company | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 510 , 1.00 % Floor | 2029-12-30 | $12.8m | $12.7m | $12.7m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 510 , 1.00 % Floor | 2029-12-30 | $9.2m | $9.2m | $9.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 510 , 1.00 % Floor | 2029-12-30 | $0.0m | ($0.0m) | ($0.0m) | — |
| HALO Buyer, Inc | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 600 , 1.00 % Floor | 2029-08-07 | $8.6m | $8.5m | $8.3m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 600 , 1.00 % Floor | 2029-08-07 | $0.4m | $0.4m | $0.4m | 94 |
| ChyronHego Corporation | ||||||
| Preferred Equity - Preferred Equity controlled | N/A | — | 7,800 sh | $6.0m | $6.8m | 114 |
| Accelerate360 Holdings, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 626 , 1.00 % Floor | 2027-02-11 | $3.4m | $3.4m | $3.3m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 626 , 1.00 % Floor | 2027-02-11 | $1.3m | $1.3m | $1.3m | 97 |
| Acosta Holdings Corp. | ||||||
| Preferred Equity - Preferred Equity | N/A | — | 11,749 sh | $0.5m | $0.7m | 138 |
| Common Equity - Common Stock | N/A | — | 6,266 sh | $0.1m | $0.0m | 51 |
| KL Charlie Co-Invest, L.P. | ||||||
| Common Equity - Common Stock | N/A | — | 218,978 sh | $0.2m | $0.3m | 149 |
| HRO Holdings I LP | ||||||
| Common Equity - Common Stock | N/A | — | 213 sh | $0.2m | $0.2m | 94 |
| Owl Parent Holdings, LLC | ||||||
| Common Equity - Common Stock | N/A | — | 100 sh | $0.1m | $0.2m | 166 |
Personal Care Products 12 $134.7m $131.2m 4.4% 3.7y ($2.7m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Lash OpCo, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 510 Cash plus 2.00 % PIK, 1.00 % Floor | 2027-09-17 | $45.2m | $45.0m | $41.6m | 92 |
| First Lien Secured Debt - Delayed Draw | SOFR + 510 Cash plus 2.00 % PIK, 1.00 % Floor | 2027-09-17 | $2.4m | $2.4m | $2.2m | 92 |
| First Lien Secured Debt - Revolver | SOFR + 510 Cash plus 2.00 % PIK, 1.00 % Floor | 2027-09-17 | $0.0m | ($0.0m) | ($0.1m) | — |
| Silk Holdings III Corp. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.50 % Floor | 2032-12-03 | $25.6m | $25.2m | $25.4m | 101 |
| DRS Holdings III, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2028-11-01 | $23.1m | $23.0m | $22.9m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2028-11-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| Summer Fridays, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-05-16 | $23.0m | $22.7m | $22.6m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2031-05-16 | $0.0m | ($0.0m) | ($0.0m) | — |
| RoC Holdco LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-02-21 | $12.5m | $12.3m | $12.4m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2031-02-21 | $4.1m | $4.1m | $4.1m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-02-21 | $0.0m | ($0.0m) | ($0.0m) | — |
| Silk Holdings I Corp. | ||||||
| Common Equity - Common Stock | N/A | — | 100 sh | $0.1m | $0.2m | 237 |
Commercial Services & Supplies 42 $131.8m $130.8m 4.4% 3.2y ($17.8m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Jacent Strategic Merchandising, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 585 , 1.00 % Floor | 2027-01-31 | $22.2m | $22.2m | $21.9m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 660 , 1.00 % Floor | 2027-01-31 | $2.3m | $2.3m | $2.3m | 99 |
| Common Equity - Common Stock | N/A | — | 5,000 sh | $0.5m | $0.1m | 30 |
| Precision Refrigeration & Air Conditioning LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 690 , 1.00 % Floor | 2028-03-08 | $10.8m | $10.7m | $10.6m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 690 , 1.00 % Floor | 2028-03-08 | $4.9m | $4.8m | $4.8m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 690 , 1.00 % Floor | 2028-03-08 | $1.1m | $1.1m | $1.1m | 96 |
| Pavement Preservation Acquisition, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-08-09 | $10.8m | $10.6m | $10.5m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-08-09 | $2.2m | $2.1m | $2.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-08-09 | $0.1m | $0.1m | $0.1m | 85 |
| HEF Safety Ultimate Holdings, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2029-11-19 | $7.3m | $7.2m | $7.3m | 102 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2029-11-19 | $5.3m | $5.2m | $5.3m | 102 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2029-11-19 | $0.0m | ($0.0m) | ($0.0m) | — |
| Bingo Group Buyer, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2031-07-10 | $9.3m | $9.3m | $9.3m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2031-07-10 | $2.1m | $2.1m | $2.1m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2031-07-10 | $0.0m | $0.0m | $0.0m | 124 |
| Smith Topco, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2029-11-06 | $9.5m | $9.4m | $9.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR+ 500 , 1.00 % Floor | 2029-11-06 | $1.5m | $1.5m | $1.5m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2029-11-06 | $0.0m | ($0.0m) | ($0.0m) | — |
| Overhaul Group, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-08-01 | $10.7m | $10.7m | $10.5m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-08-01 | $0.0m | ($0.0m) | ($0.1m) | — |
| Preferred Equity - Preferred Equity | N/A | — | 5,405 sh | $0.1m | $0.1m | 81 |
| GI Apple Midco LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 675 , 1.00 % Floor | 2030-04-19 | $7.5m | $7.4m | $7.4m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 675 , 1.00 % Floor | 2030-04-19 | $0.1m | $0.1m | $0.1m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 675 , 1.00 % Floor | 2029-04-19 | $0.2m | $0.2m | $0.2m | 102 |
| Coretrust Purchasing Group LLC (HPG Enterprises LLC) | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2029-10-01 | $6.1m | $6.1m | $6.1m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 0.75 % Floor | 2029-10-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2029-10-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| Health Management Associates Superholdings, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2029-03-30 | $3.9m | $3.8m | $3.9m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2029-03-30 | $0.5m | $0.5m | $0.5m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2029-03-30 | $0.0m | ($0.0m) | ($0.0m) | — |
| Flatworld Intermediate Corp | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.50 % Floor | 2030-03-25 | $3.9m | $3.9m | $3.8m | 99 |
| CARDS-Live Oak Holdings, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2032-10-21 | $3.1m | $3.1m | $3.1m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2032-10-21 | $0.5m | $0.4m | $0.4m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2032-10-21 | $0.2m | $0.2m | $0.2m | 98 |
| Ironhorse Purchaser, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2027-09-30 | $3.0m | $2.9m | $2.9m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2027-09-30 | $0.0m | ($0.0m) | ($0.0m) | — |
| Arcwood Environmental, Inc. (f/k/a Heritage Environmental Services, Inc.) | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2031-01-31 | $1.7m | $1.7m | $1.7m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2030-01-31 | $0.0m | $0.0m | $0.0m | — |
| Vixxo Corporation | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-08-01 | $1.4m | $1.4m | $1.4m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-08-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| SMC IR Holdings, LLC | ||||||
| Common Equity - Common Stock | N/A | — | 158 sh | $0.2m | $0.2m | 122 |
| JSM Equity Investors, L.P. | ||||||
| Preferred Equity - Class P Partnership Units | N/A | — | 11 sh | $0.0m | $0.0m | 9 |
Health Care Equipment & Supplies 20 $112.0m $111.8m 3.8% 2.8y ($7.6m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Medical Guardian, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2028-04-26 | $30.7m | $30.5m | $30.7m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2028-04-26 | $4.7m | $4.6m | $4.7m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2028-04-26 | $0.4m | $0.4m | $0.4m | 104 |
| Cerus Corporation | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 660 , 1.80 % Floor | 2028-03-01 | $12.0m | $12.0m | $12.0m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 660 , 1.80 % Floor | 2028-03-01 | $4.5m | $4.5m | $4.5m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 660 , 1.00 % Floor | 2028-03-01 | $3.0m | $3.0m | $3.0m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 560 Cash plus 1.00 % PIK, 1.00 % Floor | 2028-03-01 | $1.0m | $1.0m | $1.0m | 100 |
| NeuroPace, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 550 , 2.00 % Floor | 2030-05-27 | $20.0m | $19.9m | $19.8m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 2.00 % Floor | 2030-05-27 | $0.0m | ($0.0m) | ($0.0m) | — |
| Natus Sensory, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2031-01-07 | $10.6m | $10.4m | $10.2m | 98 |
| First Lien Secured Debt - Term Loan | EURIBOR + 525 , 0.00 % Floor | 2031-01-07 | $2.5m | $2.6m | $2.8m | 109 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 0.75 % Floor | 2031-01-07 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2031-01-07 | $0.0m | ($0.0m) | ($0.0m) | — |
| CSHC Buyerco, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 485 , 1.00 % Floor | 2026-09-08 | $10.2m | $10.2m | $10.1m | 100 |
| Tyber Medical LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2032-06-12 | $6.0m | $6.0m | $5.9m | 99 |
| First Lien Secured Debt - Term Loan | EURIBOR + 500 , 0.75 % Floor | 2032-06-12 | $1.2m | $1.3m | $1.3m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2032-06-12 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2031-06-12 | $0.5m | $0.4m | $0.4m | 98 |
| First Lien Secured Debt - Revolver | EURIBOR + 500 , 0.75 % Floor | 2031-06-12 | $0.2m | $0.2m | $0.2m | 96 |
| BW ISO Acquisition LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2027-11-01 | $5.0m | $4.9m | $4.9m | 100 |
Electronic Equipment, Instruments & Components 17 $108.6m $104.7m 3.5% 2.2y ($4.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Pro-Vigil Holding Company, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 860 (Inclusive of 12.04 % PIK), 1.00 % Floor | 2026-06-30 | $10.0m | $10.0m | $9.9m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 860 (Inclusive of 12.04 % PIK), 1.00 % Floor | 2026-06-30 | $22.6m | $22.6m | $22.3m | 99 |
| Surf Opco, LLC | ||||||
| First Lien Secured Debt - Term Loan affiliated | SOFR + 411 , 1.00 % Floor | 2027-05-10 | $9.4m | $14.3m | $9.4m | 66 |
| First Lien Secured Debt - Revolver affiliated | SOFR + 411 , 1.00 % Floor | 2027-05-10 | $18.4m | $18.4m | $18.3m | 100 |
| Preferred Equity - Class P-1 Preferred affiliated | N/A | — | 13,195 sh | $1.7m | $2.9m | 169 |
| Common Equity - Class A-1 Common affiliated | N/A | — | 5,000 sh | $0.0m | $0.1m | — |
| TeamLINX Buyer, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-12-18 | $17.8m | $17.6m | $17.5m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2030-12-18 | $0.0m | ($0.0m) | ($0.0m) | — |
| Total Power Limited | ||||||
| First Lien Secured Debt - Term Loan | CORRA + 450 , 0.75 % Floor | 2030-07-22 | $12.1m | $8.7m | $8.5m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2030-07-22 | $3.8m | $3.8m | $3.8m | 100 |
| First Lien Secured Debt - Delayed Draw | CORRA + 450 , 0.75 % Floor | 2030-07-22 | $2.2m | $1.6m | $1.5m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2030-07-22 | $0.0m | $0.0m | ($0.1m) | -6900 |
| First Lien Secured Debt - Revolver | CORRA + 450 , 0.75 % Floor | 2030-07-22 | $0.0m | ($0.0m) | ($0.0m) | — |
| Evolv Technologies Holdings, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 2.00 % Floor | 2030-07-01 | $6.0m | $5.9m | $6.0m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 2.00 % Floor | 2030-07-01 | $0.0m | ($0.1m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 2.00 % Floor | 2030-07-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| Wolfspeed Inc | ||||||
| First Lien Secured Debt - Corporate Bond | 9.88 % Cash plus 4.00 % PIK | 2030-06-23 | $4.3m | $4.2m | $4.8m | 113 |
Hotels, Restaurants & Leisure 22 $111.4m $96.1m 3.2% 3.3y ($5.7m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Eldrickco Limited | ||||||
| First Lien Secured Debt - Term Loan | SON + 528 , 0.50 % Floor | 2029-11-26 | $8.9m | $11.5m | $11.7m | 102 |
| First Lien Secured Debt - Delayed Draw | SON + 528 , 0.50 % Floor | 2029-11-26 | $10.7m | $13.4m | $14.1m | 105 |
| First Lien Secured Debt - Revolver | SON + 528 , 0.50 % Floor | 2029-11-26 | $0.4m | $0.4m | $0.5m | 111 |
| First Lien Secured Debt - Revolver | SON + 500 , 0.50 % Floor | 2029-11-26 | $0.0m | ($0.0m) | ($0.0m) | — |
| WH BorrowerCo, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-08-02 | $11.2m | $11.1m | $10.8m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-08-02 | $4.3m | $4.3m | $4.1m | 95 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2030-08-02 | $0.6m | $0.6m | $0.5m | 88 |
| Crumbl Enterprises LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-05-05 | $9.2m | $9.1m | $9.0m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-05-05 | $0.0m | ($0.0m) | ($0.0m) | — |
| CircusTrix Holdings LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 675 , 1.00 % Floor | 2028-07-18 | $1.0m | $1.0m | $1.0m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 675 , 1.00 % Floor | 2028-07-18 | $6.9m | $6.8m | $6.8m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 675 , 1.00 % Floor | 2028-07-18 | $0.6m | $0.6m | $0.6m | 98 |
| Tasty Chick'n LLC | ||||||
| First Lien Secured Debt - Term Loan non-accrual | 9.91 % | 2029-05-16 | $11.6m | $11.3m | $7.5m | 66 |
| First Lien Secured Debt - Delayed Draw non-accrual | 9.91 % | 2029-05-16 | $0.3m | $0.3m | $0.2m | 66 |
| First Lien Secured Debt - Revolver non-accrual | 9.91 % | 2029-05-16 | $0.9m | $0.8m | $0.2m | 18 |
| YTC Enterprises, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 636 , 1.00 % Floor | 2026-08-16 | $8.0m | $8.0m | $7.6m | 96 |
| PARS Group LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 685 , 1.50 % Floor | 2028-04-03 | $8.6m | $8.5m | $7.3m | 86 |
| Arrivia, Inc. (International Cruise & Excursion Gallery, Inc) | ||||||
| First Lien Secured Debt - Term Loan affiliated | SOFR + 600 , 1.00 % Floor | 2028-12-31 | $4.0m | $8.7m | $3.9m | 45 |
| Common Equity - Membership Interests affiliated | N/A | — | 531,312 sh | $4.7m | $2.6m | 55 |
| Munson Buffalo Restaurant Group LLC | ||||||
| First Lien Secured Debt - Term Loan non-accrual | 10.16 % | 2029-05-31 | $3.5m | $3.4m | $2.6m | 75 |
| First Lien Secured Debt - Delayed Draw non-accrual | 10.16 % | 2029-05-31 | $5.5m | $5.4m | $3.8m | 70 |
| Guernsey Holdings SDI LA LLC | ||||||
| First Lien Secured Debt - Term Loan | 6.95 % | 2026-11-18 | $1.5m | $1.5m | $1.5m | 99 |
Financial Services 18 $109.2m $86.0m 2.9% 2.4y ($2.7m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Gabriel Partners, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 635 , 1.00 % Floor | 2027-05-17 | $31.2m | $31.1m | $30.5m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 635 , 1.00 % Floor | 2027-05-17 | $1.3m | $1.3m | $1.3m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 635 , 1.00 % Floor | 2027-05-17 | $0.7m | $0.7m | $0.7m | 99 |
| PMA Parent Holdings, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2031-01-31 | $14.0m | $13.9m | $13.8m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2031-01-31 | $0.0m | ($0.0m) | ($0.0m) | — |
| Stretto, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2028-10-13 | $10.8m | $10.8m | $10.5m | 98 |
| Origami Opportunities Fund III, L.P. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 625 , 2.00 % Floor | 2027-10-25 | $6.8m | $6.7m | $6.7m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 625 , 2.00 % Floor | 2027-10-25 | $2.2m | $2.2m | $2.2m | 100 |
| RHI Acquisition LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2029-03-16 | $5.9m | $5.8m | $5.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 575 , 1.00 % Floor | 2029-03-16 | $2.1m | $2.1m | $2.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 575 , 1.00 % Floor | 2029-03-16 | $0.0m | ($0.0m) | ($0.0m) | — |
| Golden Bear 2016-R, LLC | ||||||
| Structured Products and Other - Membership Interests affiliated | N/A | — | $0.0m | $13.5m | $7.5m | 55 |
| Evoriel | ||||||
| First Lien Secured Debt - Term Loan | EURIBOR + 525 , 0.00 % Floor | 2031-04-02 | $2.3m | $2.4m | $2.6m | 107 |
| First Lien Secured Debt - Delayed Draw | EURIBOR + 525 , 0.00 % Floor | 2031-04-02 | $1.2m | $1.3m | $1.4m | 108 |
| AIC SPV Holdings II, LLC | ||||||
| Preferred Equity - Preferred Stock | N/A | — | 534,375 sh | $0.5m | $0.5m | 88 |
| Renew JV LLC | ||||||
| Common Equity - Membership Interests | N/A | — | 96,956 sh | $0.1m | $0.3m | 347 |
| Renew Financial LLC (f/k/a Renewable Funding, LLC) | ||||||
| Common Equity - Common Stock | N/A | — | 1,368,286 sh | $16.8m | $0.1m | 1 |
| Greylock Holdings LLC | ||||||
| Common Equity - Common Stock | N/A | — | 100,000 sh | $0.1m | $0.1m | 90 |
Pharmaceuticals 23 $83.6m $82.0m 2.8% 5.5y ($0.7m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Pai Middle Tier, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-02-13 | $26.4m | $25.9m | $25.6m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-02-13 | $0.3m | $0.3m | $0.3m | 84 |
| Space Finco, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2032-02-05 | $10.5m | $10.4m | $10.4m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 575 , 1.00 % Floor | 2032-02-05 | $6.9m | $6.8m | $6.7m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 575 , 1.00 % Floor | 2031-02-05 | $0.0m | ($0.0m) | ($0.0m) | — |
| Saffron Bidco Ltd | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 325 Cash plus 2.50 % PIK, 0.75 % Floor | 2031-09-24 | $13.7m | $13.5m | $13.3m | 99 |
| First Lien Secured Debt - Term Loan | EURIBOR + 325 Cash plus 2.50 % PIK, 0.75 % Floor | 2031-09-24 | $0.1m | $0.1m | $0.1m | 103 |
| First Lien Secured Debt - Delayed Draw | SON + 325 Cash plus 2.50 % PIK, 0.75 % Floor | 2031-09-24 | $0.0m | ($0.1m) | ($0.2m) | — |
| Alcresta Therapeutics Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2031-03-12 | $9.3m | $9.2m | $9.2m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2031-03-12 | $0.1m | $0.1m | $0.1m | 104 |
| Trillium Health Care Products Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-08-06 | $8.0m | $7.9m | $7.8m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2031-08-06 | $1.0m | $1.0m | $1.0m | 98 |
| First Lien Secured Debt - Revolver | CORRA + 525 , 1.00 % Floor | 2031-08-06 | $0.0m | $0.0m | ($0.0m) | — |
| Orion Buyer, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-07-18 | $6.8m | $6.7m | $6.3m | 94 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-07-18 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Revolver | P + 400 , 1.00 % Floor | 2030-07-18 | $1.4m | $1.4m | $1.3m | 94 |
| Alcresta Holdings, LP | ||||||
| Preferred Equity - Preferred Equity | N/A | — | 116 sh | $0.1m | $0.1m | 72 |
| Common Equity - Common Stock | N/A | — | 1,176 sh | $0.0m | $0.1m | 11300 |
| Space Parent, LP | ||||||
| Preferred Equity - Preferred Equity | N/A | — | 99,000 sh | $0.1m | $0.1m | 98 |
| Common Equity - Common Stock | N/A | — | 1,000 sh | $0.0m | $0.0m | 100 |
| PAI Co-Investor FT Aggregator LLC | ||||||
| Common Equity - Common Stock | N/A | — | 100 sh | $0.1m | $0.1m | 83 |
| TVG Orion Blocker, Inc. | ||||||
| Common Equity - Common Stock | N/A | — | 2 sh | $0.1m | $0.0m | 0 |
| Unsecured Debt - Promissory Note | 11.34 % | 2030-07-11 | $0.0m | $0.0m | $0.0m | 0 |
Passenger Airlines 2 $71.5m $80.7m 2.7% — ($22.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Merx Aviation Finance, LLC | ||||||
| First Lien Secured Debt - Revolver controlled | 10 % | 2026-10-31 | $0.0m | $0.0m | $0.0m | — |
| Common Equity - Membership Interests controlled | N/A | — | $0.0m | $71.5m | $80.7m | 113 |
Professional Services 24 $80.4m $79.7m 2.7% 3.8y ($1.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| DCM Parent, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2031-03-12 | $12.5m | $12.4m | $12.4m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2031-03-12 | $0.0m | ($0.0m) | ($0.0m) | — |
| M&M OPCO, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 600 , 1.00 % Floor | 2029-04-07 | $11.9m | $11.7m | $11.6m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 600 , 1.00 % Floor | 2029-04-07 | $0.0m | ($0.0m) | ($0.0m) | — |
| BDO USA, P.A. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 2.00 % Floor | 2028-08-31 | $11.7m | $11.7m | $11.4m | 98 |
| G&A Partners Holding Company II, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2031-03-03 | $6.6m | $6.5m | $6.6m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2031-03-01 | $2.3m | $2.3m | $2.3m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 618 , 0.75 % Floor | 2030-03-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| Chronicle Parent LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2031-04-15 | $7.0m | $6.9m | $6.8m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2031-04-15 | $0.3m | $0.3m | $0.3m | 88 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2031-04-15 | $0.0m | ($0.0m) | ($0.0m) | — |
| DecisionHR Holdings, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 450 , 1.00 % Floor | 2031-12-08 | $6.8m | $6.7m | $6.7m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 1.00 % Floor | 2031-12-08 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 450 , 1.00 % Floor | 2031-12-08 | $0.0m | ($0.0m) | ($0.0m) | — |
| AGDATA Midco, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2030-07-01 | $5.4m | $5.3m | $5.3m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2030-07-01 | $0.7m | $0.7m | $0.6m | 92 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2030-07-01 | $0.2m | $0.2m | $0.2m | 97 |
| Schlesinger Global, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 585 Cash plus 0.50 % PIK, 1.00 % Floor | 2027-03-31 | $6.3m | $6.3m | $5.9m | 94 |
| Lifelong Learner Holdings, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 115 Cash plus 6.75 % PIK, 1.00 % Floor | 2027-04-12 | $5.7m | $5.7m | $4.7m | 83 |
| First Lien Secured Debt - Revolver | SOFR + 115 Cash plus 6.75 % PIK, 1.00 % Floor | 2027-04-12 | $0.6m | $0.6m | $0.5m | 82 |
| The North Highland Company LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2031-12-20 | $3.0m | $3.0m | $3.0m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2031-12-20 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2030-12-20 | $0.1m | $0.1m | $0.1m | 95 |
| HSI Halo Holdings, LLC | ||||||
| Common Equity - Common Stock | N/A | — | 1,010 sh | $0.0m | $1.4m | 3030 |
IT Services 15 $86.5m $79.5m 2.7% 4.0y $2.1m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Bullcave Limited | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2030-08-06 | $29.0m | $28.7m | $28.7m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2030-08-06 | $3.7m | $3.6m | $3.6m | 100 |
| New Era Technology, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 640 PIK, 1.00 % Floor | 2030-06-30 | $13.3m | $13.3m | $12.9m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 625 , 0.00 % Floor | 2030-06-30 | $0.5m | $0.5m | $0.4m | 87 |
| Preferred Equity - Preferred Equity | N/A | — | 11,937 sh | $10.8m | $6.1m | 56 |
| Common Equity - Common Stock | N/A | — | 11,937 sh | $0.0m | $0.0m | — |
| Distinct Holdings Inc | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2029-07-18 | $13.0m | $12.8m | $11.8m | 92 |
| First Lien Secured Debt - Revolver | SOFR + 575 , 1.00 % Floor | 2029-07-18 | $1.3m | $1.2m | $1.1m | 88 |
| ACP Avenu Buyer, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2029-10-02 | $3.7m | $3.6m | $3.5m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2029-10-02 | $5.4m | $5.3m | $5.1m | 95 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2029-10-02 | $0.0m | ($0.0m) | ($0.1m) | — |
| Genius Bidco LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-05-01 | $1.3m | $1.3m | $1.3m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-05-01 | $5.0m | $4.9m | $4.8m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-05-01 | $0.3m | $0.3m | $0.3m | 92 |
| Common Equity - Common Stock | N/A | — | 773 sh | $0.1m | $0.0m | 56 |
Construction & Engineering 17 $75.2m $75.2m 2.5% 4.1y $2.2m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| American Restoration Holdings, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 510 , 1.00 % Floor | 2030-07-24 | $7.5m | $7.4m | $7.4m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 510 , 1.00 % Floor | 2030-07-24 | $11.2m | $11.1m | $11.0m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 510 , 1.00 % Floor | 2030-07-24 | $2.3m | $2.3m | $2.2m | 99 |
| Trench Plate Rental Co. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2028-12-04 | $17.5m | $17.4m | $17.3m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 560 , 1.00 % Floor | 2028-12-04 | $1.6m | $1.6m | $1.5m | 99 |
| Traffic Management Solutions, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-11-26 | $11.0m | $10.9m | $10.9m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-11-26 | $3.4m | $3.3m | $3.3m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2030-11-26 | $0.0m | ($0.0m) | ($0.0m) | — |
| Accelevation LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2031-01-02 | $9.2m | $9.0m | $9.1m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2031-01-02 | $2.2m | $2.2m | $2.2m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2031-01-02 | $0.8m | $0.7m | $0.8m | 102 |
| CRS Holdings, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-06-06 | $1.9m | $1.8m | $1.9m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-06-06 | $3.5m | $3.4m | $3.4m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-06-06 | $0.0m | ($0.0m) | ($0.0m) | — |
| Megavolt Borrower, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2032-02-13 | $4.1m | $4.1m | $4.1m | 101 |
| Trench Safety Solutions Holdings, LLC | ||||||
| Preferred Equity - Preferred Equity | N/A | — | 40 sh | $0.0m | $0.0m | 200 |
| Common Equity - Common Stock | N/A | — | 331 sh | $0.1m | $0.0m | 70 |
Ground Transportation 12 $84.4m $73.8m 2.5% 1.9y $1.9m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Heniff Holdco, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 610 , 1.00 % Floor | 2026-12-03 | $27.9m | $27.8m | $26.2m | 94 |
| First Lien Secured Debt - Revolver | SOFR + 610 , 1.00 % Floor | 2026-12-03 | $3.8m | $3.8m | $3.5m | 94 |
| Blue Jay Transit Inc. | ||||||
| First Lien Secured Debt - Term Loan non-accrualaffiliated | 15.84 % | 2028-03-22 | $22.1m | $20.4m | $13.5m | 66 |
| First Lien Secured Debt - Term Loan non-accrualaffiliated | 15.84 % | 2026-07-31 | $2.8m | $2.6m | $1.7m | 64 |
| First Lien Secured Debt - Delayed Draw non-accrualaffiliated | 15.84 % | 2026-07-31 | $7.6m | $7.6m | $7.6m | 100 |
| Olympus Terminals Holdco II LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2030-12-17 | $18.4m | $18.1m | $18.0m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 0.75 % Floor | 2030-12-17 | $0.0m | ($0.1m) | ($0.1m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2030-12-17 | $0.0m | ($0.0m) | ($0.1m) | — |
| Channelside AcquisitionCo, Inc. (fka Gruden Acquisition, Inc.) | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2028-06-30 | $3.5m | $3.5m | $3.5m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2028-03-31 | $0.0m | $0.0m | ($0.0m) | — |
| Third Lane Mobility Inc. | ||||||
| Common Equity - Common Stock affiliated | N/A | — | 5,012,171 sh | $0.7m | $0.0m | 0 |
| Warrants - Warrants affiliated | N/A | — | 970,252 sh | $0.0m | $0.0m | — |
Food Products 19 $71.4m $71.3m 2.4% 2.4y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Berner Food & Beverage, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 615 , 1.00 % Floor | 2027-07-30 | $33.9m | $33.6m | $33.3m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 615 , 1.00 % Floor | 2026-07-30 | $1.8m | $1.8m | $1.8m | 99 |
| Hive Intermediate, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2027-09-22 | $13.5m | $13.5m | $13.5m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 560 , 1.00 % Floor | 2027-09-22 | $1.1m | $1.1m | $1.1m | 101 |
| Amylu Borrower Sub, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2031-06-10 | $10.9m | $10.8m | $10.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2031-06-10 | $0.3m | $0.3m | $0.3m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2031-06-10 | $0.0m | ($0.0m) | ($0.0m) | — |
| Justin's LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2031-12-15 | $4.2m | $4.1m | $4.1m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2031-12-15 | $0.0m | ($0.0m) | ($0.0m) | — |
| Common Equity - Common Stock | N/A | — | 100,000 sh | $0.1m | $0.1m | 100 |
| Green Grass Foods, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2029-12-26 | $3.7m | $3.6m | $3.7m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.00 % Floor | 2029-12-26 | $0.0m | ($0.0m) | $0.0m | — |
| Wm. Bolthouse Farms, Inc. | ||||||
| Common Equity - Equity Interests | N/A | — | 1,369,301 sh | $1.5m | $1.5m | 104 |
| FCP-Hive Holdings, LLC | ||||||
| Preferred Equity - Preferred Equity | N/A | — | 589 sh | $0.4m | $0.5m | 106 |
| Common Equity - Common Stock | N/A | — | 589 sh | $0.0m | $0.0m | 0 |
| Patriot Foods Buyer, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2029-12-24 | $0.2m | $0.2m | $0.2m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2029-12-24 | $0.2m | $0.2m | $0.2m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2029-12-24 | $0.0m | $0.0m | $0.0m | 100 |
| Nutpods Holdings, Inc. | ||||||
| Common Equity - Common Stock | N/A | — | 125 sh | $0.1m | $0.1m | 106 |
Containers & Packaging 14 $70.1m $69.7m 2.3% 4.9y $11.7m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| NPPI Buyer, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2029-08-20 | $21.8m | $21.5m | $21.6m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2029-08-20 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2029-08-20 | $0.0m | ($0.0m) | ($0.0m) | — |
| Vybond Buyer, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2032-02-03 | $17.2m | $17.0m | $16.9m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2032-02-03 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2032-02-03 | $0.0m | ($0.0m) | ($0.1m) | — |
| ePac Holdings LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-01-14 | $9.7m | $9.6m | $9.6m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-01-14 | $3.8m | $2.7m | $2.7m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-01-14 | $0.0m | ($0.0m) | ($0.0m) | — |
| ACP Packaging Intermediateco, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-10-22 | $10.6m | $10.5m | $10.4m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2031-10-22 | $0.0m | ($0.0m) | ($0.0m) | — |
| NCP-MSI Buyer | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2031-03-24 | $5.8m | $5.7m | $5.6m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2031-03-24 | $1.5m | $1.5m | $1.4m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 375 , 0.75 % Floor | 2031-03-24 | $1.9m | $1.9m | $1.8m | 95 |
Trading Companies & Distributors 19 $74.9m $67.1m 2.3% 3.7y ($14.4m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| MGP Holdings III Corp. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-03-01 | $14.0m | $13.8m | $13.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-03-01 | $1.8m | $1.8m | $1.8m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-03-01 | $0.2m | $0.2m | $0.2m | 96 |
| Painters Supply and Equipment Co. (fka Graffiti Buyer, Inc.) | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2027-08-10 | $10.7m | $10.6m | $10.4m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 560 , 1.00 % Floor | 2027-08-10 | $3.6m | $3.6m | $3.4m | 95 |
| First Lien Secured Debt - Revolver | SOFR + 560 , 1.00 % Floor | 2027-08-10 | $0.0m | ($0.0m) | ($0.0m) | — |
| Lindstrom, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 550 , 0.75 % Floor | 2032-12-30 | $11.5m | $11.3m | $11.3m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 0.75 % Floor | 2032-12-30 | $0.7m | $0.6m | $0.6m | 96 |
| WC ORS Buyer, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2031-08-07 | $9.4m | $9.3m | $9.3m | 100 |
| Banner Buyer, LLC | ||||||
| First Lien Secured Debt - Term Loan non-accrual | 10.24 % | 2027-05-31 | $12.4m | $11.9m | $7.1m | 60 |
| First Lien Secured Debt - Delayed Draw non-accrual | 10.24 % | 2027-05-31 | $3.0m | $2.9m | $1.7m | 60 |
| First Lien Secured Debt - Revolver non-accrual | 10.24 % | 2027-05-31 | $0.6m | $0.6m | ($0.2m) | -40 |
| Patriot MCN Buyer Corp. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.75 % Floor | 2031-10-01 | $3.9m | $3.8m | $3.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.75 % Floor | 2031-10-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.75 % Floor | 2031-10-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| MacQueen Equipment, LLC | ||||||
| First Lien Secured Debt - Delayed Draw | SOFR + 551 , 1.00 % Floor | 2028-01-07 | $3.5m | $3.5m | $3.5m | 100 |
| WC ORS Holdings, L.P. | ||||||
| Common Equity - Common Stock | N/A | — | 100,000 sh | $0.1m | $0.2m | 207 |
| Graffiti Parent, LP | ||||||
| Common Equity - Common Stock | N/A | — | 2,439 sh | $0.2m | $0.2m | 70 |
| Banner Parent Holdings, Inc. | ||||||
| Common Equity - Common Stock | N/A | — | 6,125 sh | $0.6m | $0.0m | 0 |
Machinery 13 $67.5m $66.8m 2.2% 5.2y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| IOTA HOLDINGS 3 | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.00 % Floor | 2032-03-31 | $22.5m | $22.2m | $21.8m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.00 % Floor | 2032-03-31 | $1.3m | $1.3m | $1.2m | 95 |
| LSF12 Donnelly Bidco, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 650 , 1.00 % Floor | 2029-10-02 | $14.6m | $14.4m | $14.3m | 100 |
| Ideal Components Acquisition, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2032-06-30 | $13.0m | $12.8m | $12.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2032-06-30 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2032-06-30 | $0.3m | $0.2m | $0.2m | 99 |
| Relevant Industrial, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 450 , 1.00 % Floor | 2031-05-16 | $8.2m | $8.1m | $8.0m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 1.00 % Floor | 2031-05-16 | $0.2m | $0.2m | $0.1m | 53 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 1.00 % Floor | 2031-05-16 | $0.0m | ($0.0m) | ($0.0m) | — |
| Flow Control Intermediate Holdings 2.0, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-05-01 | $5.3m | $5.2m | $5.2m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2031-05-01 | $0.8m | $0.8m | $0.8m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2031-05-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| JPW Industries Holding Corporation | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 588 , 2.00 % Floor | 2028-11-22 | $2.4m | $2.4m | $2.4m | 98 |
Health Care Technology 14 $62.1m $61.9m 2.1% 3.8y ($0.7m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Acentra Holdings, LLC (fka CNSI Holdings, LLC) | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 550 , 0.50 % Floor | 2029-12-17 | $17.4m | $17.0m | $17.4m | 102 |
| First Lien Secured Debt - Term Loan | SOFR + 575 , 0.50 % Floor | 2029-12-17 | $3.9m | $3.9m | $3.9m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 0.50 % Floor | 2029-12-17 | $0.0m | ($0.0m) | $0.0m | — |
| Gainwell Acquisition Corp. (Milano Acquisition Corp) | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 400 , 0.75 % Floor | 2027-10-01 | $16.6m | $16.0m | $16.1m | 100 |
| Arcadia Solutions, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2032-08-12 | $10.7m | $10.6m | $10.5m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2032-08-12 | $0.0m | ($0.0m) | ($0.0m) | — |
| Inovalon Holdings, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 286 Cash plus 2.75 % PIK, 0.75 % Floor | 2028-11-24 | $6.3m | $6.2m | $5.6m | 90 |
| Second Lien Secured Debt - Term Loan non-accrual | 12.28 % | 2033-11-24 | $0.1m | $0.1m | $0.1m | 56 |
| MRO Parent Corporation | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-06-09 | $4.2m | $4.2m | $4.2m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2032-06-09 | $0.0m | ($0.0m) | $0.0m | — |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-06-09 | $0.0m | ($0.0m) | $0.0m | — |
| Merative L.P. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-09-30 | $4.1m | $4.1m | $4.1m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2032-09-30 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-09-30 | $0.0m | ($0.0m) | ($0.0m) | — |
Chemicals 10 $96.4m $55.5m 1.9% 3.1y ($4.8m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Aspen Aerogels, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 4.50 % Floor | 2029-08-19 | $17.1m | $16.9m | $16.6m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 510 , 2.50 % Floor | 2029-08-19 | $0.0m | $0.0m | $0.0m | 71 |
| Carbonfree Chemicals Holdings LLC | ||||||
| Common Equity - Common Equity / Interest affiliated | N/A | — | 12,456,274 sh | $56.5m | $16.2m | 29 |
| FC2 LLC | ||||||
| Common Equity - Common Stock affiliated | N/A | — | 5 sh | $0.0m | $0.0m | — |
| Secured Debt - Promissory Note affiliated | 6.50 % | 2027-10-14 | $12.5m | $12.5m | $12.3m | 99 |
| Lunar Buyer, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 550 , 0.75 % Floor | 2030-10-03 | $9.0m | $8.8m | $8.7m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 0.75 % Floor | 2030-10-03 | $0.0m | ($0.1m) | ($0.2m) | — |
| First Lien Secured Debt - Revolver | SOFR + 550 , 0.75 % Floor | 2030-10-03 | $1.7m | $1.7m | $1.6m | 96 |
| Heubach Holdings USA LLC | ||||||
| First Lien Secured Debt - Term Loan non-accrual | 13.72 % | 2029-01-03 | $0.5m | $0.1m | $0.2m | 443 |
| SK Neptune Husky Group Sarl (Luxembourg Investment Company 428 S.a r.l.) | ||||||
| First Lien Secured Debt - Term Loan non-accrual | 10.72 % | 2029-01-03 | $9.4m | $0.0m | $0.0m | 0 |
Insurance 10 $50.9m $49.9m 1.7% 2.2y ($20.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| High Street Buyer, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2028-04-14 | $10.0m | $9.9m | $9.9m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2028-04-14 | $18.9m | $18.8m | $18.8m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2027-04-16 | $0.0m | ($0.0m) | ($0.0m) | — |
| Shelby 2021 Holdings Corp. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2028-06-29 | $13.9m | $13.8m | $13.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 0.75 % Floor | 2028-06-29 | $6.4m | $6.3m | $6.3m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2027-06-29 | $0.0m | ($0.0m) | ($0.0m) | — |
| Norvax, LLC (dba GoHealth) | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 550 , 3.00 % Floor | 2029-08-05 | $0.8m | $0.8m | $0.8m | 93 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 3.00 % Floor | 2029-08-05 | $0.2m | $0.2m | $0.2m | 95 |
| First Lien Secured Debt - Revolver non-accrual | 15.21 % | 2029-08-06 | $1.0m | $1.0m | $0.1m | 11 |
| Common Equity - Common Stock | N/A | — | 8,648 sh | $0.0m | $0.0m | — |
Consumer Finance 7 $77.9m $45.7m 1.5% 3.8y $1.2m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| LendingPoint LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 PIK, 1.00 % Floor | 2029-12-31 | $20.9m | $38.4m | $20.1m | 52 |
| Unsecured Debt - Term Loan | N/A | 2030-12-31 | $1.8m | $1.8m | $1.8m | 100 |
| LendingPoint 2018-1 Funding Trust | ||||||
| First Lien Secured Debt - Delayed Draw | SOFR + 300 , 1.00 % Floor | 2029-12-31 | $5.9m | $6.0m | $5.8m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 300 , 1.00 % Floor | 2029-12-31 | $9.0m | $9.0m | $8.8m | 98 |
| Auto Pool 2023 Trust (Del. Stat. Trust) | ||||||
| Structured Products and Other - Membership Interests affiliated | N/A | — | $0.0m | $19.0m | $9.1m | 48 |
| LendingPoint Consolidated, Inc. | ||||||
| Preferred Equity - Preferred Equity | N/A | — | 10,710 sh | $2.9m | $0.0m | 0 |
| Common Equity - Common Stock | N/A | — | 1,106,939 sh | $0.8m | $0.0m | 0 |
Consumer Staples Distribution & Retail 7 $43.2m $42.8m 1.4% 2.5y $5.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| THLP CO., LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 600 , 1.00 % Floor | 2028-01-31 | $27.5m | $27.5m | $27.3m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 600 , 1.00 % Floor | 2028-01-31 | $3.2m | $3.1m | $3.1m | 99 |
| Protein For Pets Opco, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-09-20 | $8.5m | $8.3m | $8.3m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-09-20 | $0.0m | ($0.0m) | ($0.0m) | — |
| Metz Culinary Management, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 450 , 1.00 % Floor | 2029-12-23 | $4.2m | $4.1m | $4.1m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 1.00 % Floor | 2029-12-23 | $0.0m | ($0.0m) | ($0.0m) | — |
| IC Holdings LLC | ||||||
| Common Equity - Series A Units | N/A | — | 169 sh | $0.2m | $0.0m | 0 |
Electrical Equipment 8 $39.9m $30.0m 1.0% 3.0y ($3.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| IW Buyer LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 510 , 1.00 % Floor | 2029-06-28 | $13.6m | $13.4m | $13.5m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 510 , 1.00 % Floor | 2029-06-28 | $0.0m | ($0.0m) | ($0.0m) | — |
| Kauffman Intermediate, LLC | ||||||
| First Lien Secured Debt - Term Loan non-accrual | 10.30 % | 2026-09-30 | $18.3m | $16.9m | $7.7m | 45 |
| First Lien Secured Debt - Term Loan | SOFR + 460 , 1.00 % Floor | 2026-09-30 | $0.3m | $0.3m | $0.3m | 109 |
| First Lien Secured Debt - Revolver non-accrual | 10.30 % | 2026-09-30 | $1.4m | $1.2m | $0.6m | 46 |
| Brush Group Bidco Limited | ||||||
| First Lien Secured Debt - Term Loan | SON + 500 , 0.00 % Floor | 2031-07-30 | $6.0m | $7.8m | $7.9m | 102 |
| First Lien Secured Debt - Revolver | SON + 500 , 0.00 % Floor | 2031-07-30 | $0.0m | ($0.0m) | $0.0m | — |
| Kauffman Holdco, LLC | ||||||
| Common Equity - Common Stock | N/A | — | 250,000 sh | $0.2m | $0.0m | 0 |
Textiles, Apparel & Luxury Goods 6 $29.1m $27.5m 0.9% 2.8y ($0.7m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Galaxy Universal LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2028-05-12 | $16.2m | $16.2m | $15.3m | 94 |
| First Lien Secured Debt - Term Loan | SOFR + 625 , 1.00 % Floor | 2028-05-12 | $2.5m | $2.5m | $2.4m | 95 |
| First Lien Secured Debt - Delayed Draw | SOFR + 575 , 1.00 % Floor | 2028-05-12 | $0.8m | $0.7m | $0.7m | 95 |
| IBG Borrower LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 515 , 1.00 % Floor | 2029-08-22 | $5.8m | $5.7m | $5.6m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2031-08-22 | $3.4m | $3.3m | $3.3m | 99 |
| Gainline Galaxy Holdings LLC | ||||||
| Common Equity - Common Stock | N/A | — | 3,060 sh | $0.6m | $0.2m | 42 |
Household Durables 6 $30.9m $26.4m 0.9% 3.2y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Athlete Buyer, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 610 , 1.00 % Floor | 2029-04-26 | $1.9m | $1.9m | $1.6m | 85 |
| First Lien Secured Debt - Delayed Draw | SOFR + 610 , 1.00 % Floor | 2029-04-26 | $22.9m | $22.5m | $19.1m | 85 |
| First Lien Secured Debt - Delayed Draw | SOFR + 610 , 1.00 % Floor | 2029-04-24 | $0.5m | $0.5m | $0.4m | 84 |
| First Lien Secured Debt - Revolver | SOFR + 610 , 1.00 % Floor | 2029-04-26 | $3.2m | $3.1m | $2.3m | 74 |
| Poly-Wood, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 488 , 1.00 % Floor | 2030-03-20 | $2.7m | $2.7m | $2.7m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 488 , 1.00 % Floor | 2030-03-20 | $0.2m | $0.2m | $0.2m | 103 |
Air Freight & Logistics 4 $26.0m $26.2m 0.9% 3.1y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| PrimeFlight Acquisition, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525, 1.00 % Floor | 2029-05-01 | $14.1m | $13.9m | $14.0m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 550, 1.00 % Floor | 2029-05-01 | $10.2m | $10.0m | $10.2m | 102 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.00 % Floor | 2029-05-01 | $1.0m | $1.0m | $1.0m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2029-05-01 | $1.0m | $1.0m | $1.0m | 99 |
Biotechnology 7 $25.0m $25.0m 0.8% 2.4y ($2.8m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Rigel Pharmaceuticals, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 650 , 4.00 % Floor | 2027-09-01 | $2.2m | $2.3m | $2.2m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 650 , 4.00 % Floor | 2027-09-01 | $11.2m | $11.2m | $11.2m | 100 |
| Celerion Buyer, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2029-11-05 | $11.0m | $10.8m | $10.9m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2028-11-03 | $0.0m | ($0.0m) | ($0.0m) | — |
| Partner Therapeutics, Inc | ||||||
| Preferred Equity - Preferred Equity | N/A | — | 55,556 sh | $0.3m | $0.3m | 100 |
| Warrants - Warrants | N/A | — | 73,333 sh | $0.4m | $0.1m | 34 |
| Mannkind Corporation | ||||||
| Common Equity - Common Stock | N/A | — | 34,226 sh | $0.0m | $0.1m | — |
Automobile Components 8 $44.1m $19.9m 0.7% 4.8y $1.7m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Cool Buyer, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2030-10-31 | $13.2m | $13.0m | $12.7m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2030-10-31 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2030-10-31 | $3.6m | $3.6m | $3.5m | 97 |
| Truck-Lite Co., LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2032-02-13 | $3.2m | $3.2m | $3.2m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2032-02-13 | $0.4m | $0.4m | $0.4m | 103 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2032-02-13 | $0.0m | ($0.0m) | ($0.0m) | — |
| K&N Holdco, LLC | ||||||
| Common Equity - Common Stock | N/A | — | 125,967 sh | $23.7m | $0.1m | 1 |
| Cool Acquisition Holdings, LP | ||||||
| Common Equity - Common Stock | N/A | — | 137,931 sh | $0.1m | $0.0m | 24 |
Life Sciences Tools & Services 6 $19.3m $18.6m 0.6% 2.8y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| August Bioservices, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 595 , 2.00 % Floor | 2029-06-01 | $12.0m | $12.0m | $11.4m | 96 |
| First Lien Secured Debt - Delayed Draw | SOFR + 595 , 2.00 % Floor | 2029-06-01 | $3.0m | $3.0m | $2.9m | 96 |
| First Lien Secured Debt - Revolver | SOFR + 400 , 2.00 % Floor | 2029-06-01 | $0.4m | $0.4m | $0.3m | 94 |
| Unchained Labs, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 555 , 1.00 % Floor | 2027-08-09 | $1.8m | $1.8m | $1.8m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 555 , 1.00 % Floor | 2027-08-09 | $2.2m | $2.2m | $2.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 555 , 1.00 % Floor | 2027-08-09 | $0.0m | ($0.0m) | ($0.0m) | — |
Technology Hardware, Storage & Peripherals 5 $17.5m $17.3m 0.6% 3.4y $3.3m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| BusPatrol Holdco | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2029-08-02 | $8.3m | $8.3m | $8.2m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2029-08-02 | $6.7m | $6.6m | $6.6m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 400 , 1.00 % Floor | 2029-08-02 | $1.7m | $1.7m | $1.7m | 100 |
| Biamp | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-04-30 | $0.8m | $0.8m | $0.8m | 95 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-04-30 | $0.0m | $0.0m | $0.0m | 84 |
Aerospace & Defense 8 $17.2m $17.2m 0.6% 5.8y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Sperry Acquisition, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500, 0.75 % Floor | 2031-02-03 | $6.9m | $6.8m | $6.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500, 0.75 % Floor | 2031-02-03 | $1.9m | $1.9m | $1.9m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2031-02-03 | $0.0m | ($0.0m) | ($0.0m) | — |
| Eagle U.S. Purchaser, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2032-12-31 | $8.5m | $8.4m | $8.4m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2032-12-31 | $0.0m | ($0.0m) | ($0.0m) | — |
| Sperry Parent Holdings, L.P. | ||||||
| Common Equity - Common Stock | N/A | — | 1,088 sh | $0.1m | $0.1m | 114 |
| Eagle Aggregator Ltd | ||||||
| Preferred Equity - Preferred Equity | N/A | — | 36,288 sh | $0.0m | $0.0m | 98 |
| Common Equity - Common Stock | N/A | — | 741 sh | $0.0m | $0.0m | 300 |
Specialty Retail 3 $15.9m $16.2m 0.5% 3.0y ($0.8m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Club Champion LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2029-06-14 | $9.0m | $8.9m | $8.9m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2029-06-14 | $0.7m | $0.7m | $0.7m | 100 |
| EG Global Finance PLC | ||||||
| First Lien Secured Debt - Corporate Bond | SOFR + 750 , 0.50 % Floor | 2028-11-30 | $6.3m | $6.4m | $6.6m | 104 |
Multi-Utilities 5 $20.3m $15.2m 0.5% 3.4y ($1.8m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Congruex Group LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 590 , 1.50 % Floor | 2029-05-03 | $16.0m | $15.8m | $10.9m | 69 |
| GS SEER Group Borrower LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 675 , 1.00 % Floor | 2030-04-29 | $3.2m | $3.1m | $3.0m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 675 , 1.00 % Floor | 2030-04-29 | $1.2m | $1.1m | $1.1m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 675 , 1.00 % Floor | 2029-04-30 | $0.1m | $0.1m | $0.1m | 91 |
| GS SEER Group Holdings, LLC | ||||||
| Common Equity - Common Stock | N/A | — | 42 sh | $0.0m | $0.0m | 76 |
Paper & Forest Products 1 $14.7m $14.3m 0.5% 4.8y ($0.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Complete Paper Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2031-02-04 | $14.8m | $14.7m | $14.3m | 98 |
Entertainment 2 $13.6m $13.4m 0.5% 5.2y ($13.7m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Shout! Factory LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2031-06-30 | $13.2m | $13.0m | $12.9m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2031-06-30 | $0.6m | $0.6m | $0.6m | 98 |
Communications Equipment 8 $10.5m $9.3m 0.3% 3.6y ($0.9m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Mobile Communications America, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2029-10-16 | $2.4m | $2.4m | $2.4m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2029-10-16 | $6.5m | $6.4m | $6.2m | 96 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2029-10-16 | $0.0m | ($0.0m) | ($0.0m) | — |
| Sorenson Holdings, LLC | ||||||
| First Lien Secured Debt - Term Loan non-accrual | 8.00 % | 2030-04-01 | $0.3m | $0.3m | $0.3m | 99 |
| First Lien Secured Debt - Term Loan non-accrual | 10.00 % | 2030-04-01 | $0.1m | $0.1m | $0.1m | 99 |
| Common Equity - Membership Interests | N/A | — | 279 sh | $0.1m | $0.1m | 72 |
| MLN US Holdco LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 200 Cash plus 6.00 % PIK, 1.00 % Floor | 2030-06-20 | $0.9m | $0.8m | $0.4m | 51 |
| Mitel Networks (International) Limited | ||||||
| Common Equity - Common Stock | N/A | — | 98,860 sh | $0.5m | $0.0m | 6 |
Leisure Products 7 $9.9m $8.7m 0.3% 1.6y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Paladone Group Bidco Limited | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 585 , 1.00 % Floor | 2027-11-12 | $5.9m | $5.8m | $5.8m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 585 , 1.00 % Floor | 2027-11-12 | $0.9m | $0.9m | $0.9m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 585 , 1.00 % Floor | 2027-11-12 | $1.1m | $1.1m | $1.1m | 99 |
| First Lien Secured Debt - Revolver | SON + 585 , 1.00 % Floor | 2027-11-12 | $0.4m | $0.5m | $0.5m | 98 |
| Project Comfort Buyer, Inc. | ||||||
| Preferred Equity - Preferred Equity | N/A | — | 491,405 sh | $0.5m | $0.2m | 43 |
| Paladone Group Holdings Limited | ||||||
| Common Equity - Common Stock | N/A | — | 70,183 sh | $0.1m | $0.1m | 127 |
| 1244311 B.C. Ltd. | ||||||
| Common Equity - Common Stock affiliated | N/A | — | 1,000,032 sh | $1.0m | $0.1m | 6 |
Beverages 4 $5.9m $5.9m 0.2% 5.0y $0.3m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Ronnoco Holdings, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 450, 1.00 % Floor | 2031-03-17 | $5.3m | $5.2m | $5.2m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 1.00 % Floor | 2031-03-17 | $0.6m | $0.6m | $0.6m | 102 |
| Preferred Equity - Preferred Equity | N/A | — | 1,000 sh | $0.1m | $0.1m | 100 |
| Common Equity - Common Stock | N/A | — | 107 sh | $0.0m | $0.0m | — |
Building Products 4 $4.7m $4.7m 0.2% 3.7y ($20.4m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| D&D Buyer, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 575 , 2.00 % Floor | 2029-10-04 | $2.5m | $2.5m | $2.4m | 100 |
| R.F. Fager Company, LLC | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-03-04 | $0.7m | $0.7m | $0.7m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-03-04 | $1.5m | $1.5m | $1.5m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2030-03-04 | $0.0m | $0.0m | $0.0m | 104 |
Energy Equipment & Services 3 $3.6m $3.6m 0.1% 3.7y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Camin Cargo Control Holdings, Inc. | ||||||
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2029-12-07 | $1.0m | $1.0m | $0.9m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 1.00 % Floor | 2029-12-07 | $2.1m | $2.0m | $2.0m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2029-12-07 | $0.7m | $0.7m | $0.6m | 97 |
Interactive Media & Services 2 $9.9m $2.3m 0.1% 0.5y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Aventiv Technologies, LLC (fka Securus Technologies Holdings, LLC) | ||||||
| First Lien Secured Debt - Term Loan | SOFR+ 1026 , 1.00 % Floor | 2026-09-30 | $2.2m | $2.2m | $2.3m | 106 |
| Second Lien Secured Debt - Term Loan non-accrual | 12.98 % | 2026-09-30 | $9.5m | $7.7m | $0.0m | 0 |
Diversified Telecommunication Services 2 $1.6m $1.3m 0.0% 4.5y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| CSC Holdings, LLC | ||||||
| First Lien Secured Debt - Revolver | SOFR + 225 , 0.00 % Floor | 2027-07-13 | $0.1m | $0.1m | $0.1m | 101 |
| Unsecured Debt - Corporate Bond | 4.13 % | 2030-12-01 | $2.0m | $1.5m | $1.2m | 80 |
By company
Every instrument the fund holds in a name — term loans, revolvers, and the equity that sometimes follows a restructuring.
ChyronHego US Holding Corporation 2 $123.9m $124.1m 4.2% 3.2y ($1.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan controlled | SOFR + 350 , 1.75 % Floor | 2029-06-30 | $105.7m | $105.5m | $105.7m | 100 |
| First Lien Secured Debt - Revolver controlled | SOFR + 600 , 1.75 % Floor | 2029-06-30 | $18.5m | $18.5m | $18.5m | 100 |
Merx Aviation Finance, LLC 2 $71.5m $80.7m 2.7% — ($22.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Membership Interests controlled | N/A | — | $0.0m | $71.5m | $80.7m | 113 |
| First Lien Secured Debt - Revolver controlled | 10 % | 2026-10-31 | $0.0m | $0.0m | $0.0m | — |
Lash OpCo, LLC 3 $47.4m $43.7m 1.5% 1.5y ($1.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 510 Cash plus 2.00 % PIK, 1.00 % Floor | 2027-09-17 | $45.2m | $45.0m | $41.6m | 92 |
| First Lien Secured Debt - Delayed Draw | SOFR + 510 Cash plus 2.00 % PIK, 1.00 % Floor | 2027-09-17 | $2.4m | $2.4m | $2.2m | 92 |
| First Lien Secured Debt - Revolver | SOFR + 510 Cash plus 2.00 % PIK, 1.00 % Floor | 2027-09-17 | $0.0m | ($0.0m) | ($0.1m) | — |
Medical Guardian, LLC 3 $35.5m $35.7m 1.2% 2.1y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2028-04-26 | $30.7m | $30.5m | $30.7m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2028-04-26 | $4.7m | $4.6m | $4.7m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2028-04-26 | $0.4m | $0.4m | $0.4m | 104 |
Berner Food & Beverage, LLC 2 $35.4m $35.1m 1.2% 1.3y $0.4m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 615 , 1.00 % Floor | 2027-07-30 | $33.9m | $33.6m | $33.3m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 615 , 1.00 % Floor | 2026-07-30 | $1.8m | $1.8m | $1.8m | 99 |
Club Car Wash Operating, LLC 3 $34.1m $34.2m 1.2% 1.2y ($0.6m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 565 , 1.00 % Floor | 2027-06-16 | $22.7m | $22.5m | $22.6m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 565 , 1.00 % Floor | 2027-06-16 | $11.7m | $11.6m | $11.6m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 565 , 1.00 % Floor | 2027-06-16 | $0.0m | ($0.0m) | ($0.0m) | — |
USLS Acquisition, Inc. 3 $34.0m $34.0m 1.1% 0.2y ($0.4m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 565 , 1.00 % Floor | 2026-06-01 | $28.0m | $28.0m | $27.9m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 565 , 1.00 % Floor | 2026-06-01 | $5.5m | $5.5m | $5.5m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 590 , 1.00 % Floor | 2026-06-01 | $0.6m | $0.6m | $0.6m | 99 |
Thomas Scientific, LLC 2 $34.9m $33.9m 1.1% 1.7y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 640 , 1.00 % Floor | 2027-12-14 | $32.9m | $32.6m | $31.6m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 640 , 1.00 % Floor | 2027-12-14 | $2.4m | $2.3m | $2.2m | 96 |
Gabriel Partners, LLC 3 $33.1m $32.5m 1.1% 1.1y $0.4m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 635 , 1.00 % Floor | 2027-05-17 | $31.2m | $31.1m | $30.5m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 635 , 1.00 % Floor | 2027-05-17 | $1.3m | $1.3m | $1.3m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 635 , 1.00 % Floor | 2027-05-17 | $0.7m | $0.7m | $0.7m | 99 |
Bullcave Limited 2 $32.3m $32.3m 1.1% 4.4y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2030-08-06 | $29.0m | $28.7m | $28.7m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2030-08-06 | $3.7m | $3.6m | $3.6m | 100 |
Pro-Vigil Holding Company, LLC 2 $32.6m $32.2m 1.1% 0.2y $1.3m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 860 (Inclusive of 12.04 % PIK), 1.00 % Floor | 2026-06-30 | $22.6m | $22.6m | $22.3m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 860 (Inclusive of 12.04 % PIK), 1.00 % Floor | 2026-06-30 | $10.0m | $10.0m | $9.9m | 99 |
Surf Opco, LLC 4 $34.4m $30.7m 1.0% 1.1y ($1.4m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Revolver affiliated | SOFR + 411 , 1.00 % Floor | 2027-05-10 | $18.4m | $18.4m | $18.3m | 100 |
| First Lien Secured Debt - Term Loan affiliated | SOFR + 411 , 1.00 % Floor | 2027-05-10 | $9.4m | $14.3m | $9.4m | 66 |
| Preferred Equity - Class P-1 Preferred affiliated | N/A | — | 13,195 sh | $1.7m | $2.9m | 169 |
| Common Equity - Class A-1 Common affiliated | N/A | — | 5,000 sh | $0.0m | $0.1m | — |
THLP CO., LLC 2 $30.6m $30.4m 1.0% 1.8y $1.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 600 , 1.00 % Floor | 2028-01-31 | $27.5m | $27.5m | $27.3m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 600 , 1.00 % Floor | 2028-01-31 | $3.2m | $3.1m | $3.1m | 99 |
Zephyr Buyer, L.P. 2 $29.8m $29.7m 1.0% 4.8y ($0.6m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.50 % Floor | 2031-01-31 | $30.4m | $29.8m | $29.8m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.50 % Floor | 2031-01-31 | $0.0m | ($0.1m) | ($0.1m) | — |
Heniff Holdco, LLC 2 $31.6m $29.7m 1.0% 0.7y ($1.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 610 , 1.00 % Floor | 2026-12-03 | $27.9m | $27.8m | $26.2m | 94 |
| First Lien Secured Debt - Revolver | SOFR + 610 , 1.00 % Floor | 2026-12-03 | $3.8m | $3.8m | $3.5m | 94 |
High Street Buyer, Inc. 3 $28.7m $28.7m 1.0% 2.0y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2028-04-14 | $18.9m | $18.8m | $18.8m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2028-04-14 | $10.0m | $9.9m | $9.9m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2027-04-16 | $0.0m | ($0.0m) | ($0.0m) | — |
Litify LLC 2 $28.6m $28.1m 0.9% 2.8y ($0.4m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2029-02-02 | $29.2m | $28.7m | $28.1m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 560 , 1.00 % Floor | 2029-02-02 | $0.0m | ($0.0m) | ($0.0m) | — |
HRO (Hero Digital) Holdings, LLC 3 $28.1m $27.4m 0.9% 2.5y $0.1m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2028-11-18 | $24.5m | $24.3m | $23.7m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 610 , 1.00 % Floor | 2028-11-18 | $2.1m | $2.1m | $2.0m | 98 |
| First Lien Secured Debt - Revolver | P + 460 , 1.00 % Floor | 2026-11-18 | $1.8m | $1.8m | $1.7m | 94 |
TS Investors, LLC 3 $27.0m $27.1m 0.9% 3.1y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2029-05-04 | $13.7m | $13.6m | $13.6m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2029-05-04 | $13.6m | $13.4m | $13.5m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2029-05-04 | $0.0m | ($0.0m) | ($0.0m) | — |
Eldrickco Limited 4 $25.4m $26.3m 0.9% 3.7y ($0.6m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SON + 528 , 0.50 % Floor | 2029-11-26 | $10.7m | $13.4m | $14.1m | 105 |
| First Lien Secured Debt - Term Loan | SON + 528 , 0.50 % Floor | 2029-11-26 | $8.9m | $11.5m | $11.7m | 102 |
| First Lien Secured Debt - Revolver | SON + 528 , 0.50 % Floor | 2029-11-26 | $0.4m | $0.4m | $0.5m | 111 |
| First Lien Secured Debt - Revolver | SON + 500 , 0.50 % Floor | 2029-11-26 | $0.0m | ($0.0m) | ($0.0m) | — |
PrimeFlight Acquisition, LLC 4 $26.0m $26.2m 0.9% 3.1y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525, 1.00 % Floor | 2029-05-01 | $14.1m | $13.9m | $14.0m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 550, 1.00 % Floor | 2029-05-01 | $10.2m | $10.0m | $10.2m | 102 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.00 % Floor | 2029-05-01 | $1.0m | $1.0m | $1.0m | 101 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2029-05-01 | $1.0m | $1.0m | $1.0m | 99 |
Pai Middle Tier, LLC 2 $26.2m $25.9m 0.9% 5.9y $9.2m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-02-13 | $26.4m | $25.9m | $25.6m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-02-13 | $0.3m | $0.3m | $0.3m | 84 |
Silk Holdings III Corp. 1 $25.2m $25.4m 0.9% 6.7y ($1.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.50 % Floor | 2032-12-03 | $25.6m | $25.2m | $25.4m | 101 |
Jacent Strategic Merchandising, LLC 3 $24.9m $24.4m 0.8% 0.8y $0.6m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 585 , 1.00 % Floor | 2027-01-31 | $22.2m | $22.2m | $21.9m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 660 , 1.00 % Floor | 2027-01-31 | $2.3m | $2.3m | $2.3m | 99 |
| Common Equity - Common Stock | N/A | — | 5,000 sh | $0.5m | $0.1m | 30 |
CI (MG) GROUP, LLC 3 $24.3m $24.2m 0.8% 4.0y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2030-03-27 | $18.8m | $18.6m | $18.5m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 1.00 % Floor | 2030-03-27 | $4.7m | $4.6m | $4.6m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2030-03-27 | $1.2m | $1.2m | $1.1m | 99 |
Athlete Buyer, LLC 4 $28.0m $23.5m 0.8% 3.1y ($0.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 610 , 1.00 % Floor | 2029-04-26 | $22.9m | $22.5m | $19.1m | 85 |
| First Lien Secured Debt - Revolver | SOFR + 610 , 1.00 % Floor | 2029-04-26 | $3.2m | $3.1m | $2.3m | 74 |
| First Lien Secured Debt - Term Loan | SOFR + 610 , 1.00 % Floor | 2029-04-26 | $1.9m | $1.9m | $1.6m | 85 |
| First Lien Secured Debt - Delayed Draw | SOFR + 610 , 1.00 % Floor | 2029-04-24 | $0.5m | $0.5m | $0.4m | 84 |
IOTA HOLDINGS 3 2 $23.5m $23.0m 0.8% 6.0y ($0.4m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.00 % Floor | 2032-03-31 | $22.5m | $22.2m | $21.8m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.00 % Floor | 2032-03-31 | $1.3m | $1.3m | $1.2m | 95 |
DRS Holdings III, Inc. 2 $23.0m $22.9m 0.8% 2.6y ($0.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2028-11-01 | $23.1m | $23.0m | $22.9m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2028-11-01 | $0.0m | ($0.0m) | ($0.0m) | — |
Blue Jay Transit Inc. 3 $30.6m $22.7m 0.8% 1.3y $3.4m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan non-accrualaffiliated | 15.84 % | 2028-03-22 | $22.1m | $20.4m | $13.5m | 66 |
| First Lien Secured Debt - Delayed Draw non-accrualaffiliated | 15.84 % | 2026-07-31 | $7.6m | $7.6m | $7.6m | 100 |
| First Lien Secured Debt - Term Loan non-accrualaffiliated | 15.84 % | 2026-07-31 | $2.8m | $2.6m | $1.7m | 64 |
Summer Fridays, LLC 2 $22.6m $22.6m 0.8% 5.1y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-05-16 | $23.0m | $22.7m | $22.6m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2031-05-16 | $0.0m | ($0.0m) | ($0.0m) | — |
Kure Pain Holdings, Inc. 3 $22.6m $22.4m 0.8% 4.4y ($0.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2030-08-30 | $17.9m | $17.9m | $17.7m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2030-08-31 | $4.3m | $4.2m | $4.2m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 560 , 1.00 % Floor | 2030-08-30 | $0.5m | $0.5m | $0.5m | 102 |
Rarebreed Veterinary Partners, Inc. 3 $22.3m $22.2m 0.7% 4.0y $1.5m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-04-18 | $18.3m | $18.1m | $18.0m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-04-18 | $4.2m | $4.1m | $4.1m | 100 |
| First Lien Secured Debt - Revolver | P + 425 , 1.00 % Floor | 2030-04-18 | $0.1m | $0.1m | $0.1m | 98 |
LendingPoint LLC 2 $40.3m $22.0m 0.7% 3.8y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 PIK, 1.00 % Floor | 2029-12-31 | $20.9m | $38.4m | $20.1m | 52 |
| Unsecured Debt - Term Loan | N/A | 2030-12-31 | $1.8m | $1.8m | $1.8m | 100 |
KL Charlie Acquisition Company 3 $21.9m $21.8m 0.7% 3.8y ($7.6m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 510 , 1.00 % Floor | 2029-12-30 | $12.8m | $12.7m | $12.7m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 510 , 1.00 % Floor | 2029-12-30 | $9.2m | $9.2m | $9.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 510 , 1.00 % Floor | 2029-12-30 | $0.0m | ($0.0m) | ($0.0m) | — |
Digital.ai Software Holdings, Inc. 2 $22.3m $21.8m 0.7% 2.4y ($1.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 600 , 1.00 % Floor | 2028-08-10 | $22.6m | $22.3m | $21.8m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 600 , 1.00 % Floor | 2028-08-10 | $0.0m | ($0.0m) | ($0.1m) | — |
NPPI Buyer, LLC 3 $21.4m $21.5m 0.7% 3.4y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2029-08-20 | $21.8m | $21.5m | $21.6m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2029-08-20 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2029-08-20 | $0.0m | ($0.0m) | ($0.0m) | — |
Telesoft Holdings, LLC 2 $21.6m $21.3m 0.7% 0.7y ($0.4m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 585 , 1.00 % Floor | 2026-12-16 | $21.4m | $21.3m | $21.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 585 , 1.00 % Floor | 2026-12-16 | $0.3m | $0.3m | $0.2m | 91 |
Acentra Holdings, LLC (fka CNSI Holdings, LLC) 3 $20.9m $21.3m 0.7% 3.7y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 550 , 0.50 % Floor | 2029-12-17 | $17.4m | $17.0m | $17.4m | 102 |
| First Lien Secured Debt - Term Loan | SOFR + 575 , 0.50 % Floor | 2029-12-17 | $3.9m | $3.9m | $3.9m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 0.50 % Floor | 2029-12-17 | $0.0m | ($0.0m) | $0.0m | — |
American Restoration Holdings, LLC 3 $20.8m $20.7m 0.7% 4.3y $1.6m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 510 , 1.00 % Floor | 2030-07-24 | $11.2m | $11.1m | $11.0m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 510 , 1.00 % Floor | 2030-07-24 | $7.5m | $7.4m | $7.4m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 510 , 1.00 % Floor | 2030-07-24 | $2.3m | $2.3m | $2.2m | 99 |
Cerus Corporation 4 $20.5m $20.5m 0.7% 1.9y $0.6m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 660 , 1.80 % Floor | 2028-03-01 | $12.0m | $12.0m | $12.0m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 660 , 1.80 % Floor | 2028-03-01 | $4.5m | $4.5m | $4.5m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 660 , 1.00 % Floor | 2028-03-01 | $3.0m | $3.0m | $3.0m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 560 Cash plus 1.00 % PIK, 1.00 % Floor | 2028-03-01 | $1.0m | $1.0m | $1.0m | 100 |
EVER.AG Corporation 2 $20.4m $20.3m 0.7% 1.2y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 510 , 1.00 % Floor | 2027-06-24 | $20.5m | $20.4m | $20.3m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 510 , 1.00 % Floor | 2027-06-24 | $0.0m | ($0.0m) | ($0.0m) | — |
Shelby 2021 Holdings Corp. 3 $20.1m $20.1m 0.7% 2.2y $0.3m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2028-06-29 | $13.9m | $13.8m | $13.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 0.75 % Floor | 2028-06-29 | $6.4m | $6.3m | $6.3m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2027-06-29 | $0.0m | ($0.0m) | ($0.0m) | — |
NeuroPace, Inc. 2 $19.9m $19.7m 0.7% 4.2y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 550 , 2.00 % Floor | 2030-05-27 | $20.0m | $19.9m | $19.8m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 2.00 % Floor | 2030-05-27 | $0.0m | ($0.0m) | ($0.0m) | — |
Asure Software, Inc. 2 $19.9m $19.6m 0.7% 4.0y ($0.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 2.00 % Floor | 2030-04-01 | $13.3m | $13.3m | $13.1m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 2.00 % Floor | 2030-04-01 | $6.7m | $6.6m | $6.5m | 99 |
Magnate Holding Corp. 1 $20.7m $19.6m 0.7% 0.8y ($0.6m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 625 , 0.50 % Floor | 2026-12-31 | $20.7m | $20.7m | $19.6m | 95 |
Marlin DTC-LS Midco 2, LLC 2 $20.3m $19.5m 0.7% 0.3y ($0.6m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 660 , 1.00 % Floor | 2026-07-01 | $20.3m | $20.3m | $19.6m | 96 |
| First Lien Secured Debt - Revolver | SOFR + 660 , 1.00 % Floor | 2026-07-01 | $0.0m | ($0.0m) | ($0.0m) | — |
New Era Technology, Inc. 4 $24.6m $19.4m 0.7% 4.2y ($1.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 640 PIK, 1.00 % Floor | 2030-06-30 | $13.3m | $13.3m | $12.9m | 97 |
| Preferred Equity - Preferred Equity | N/A | — | 11,937 sh | $10.8m | $6.1m | 56 |
| First Lien Secured Debt - Revolver | SOFR + 625 , 0.00 % Floor | 2030-06-30 | $0.5m | $0.5m | $0.4m | 87 |
| Common Equity - Common Stock | N/A | — | 11,937 sh | $0.0m | $0.0m | — |
Trench Plate Rental Co. 2 $18.9m $18.9m 0.6% 2.7y $0.5m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2028-12-04 | $17.5m | $17.4m | $17.3m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 560 , 1.00 % Floor | 2028-12-04 | $1.6m | $1.6m | $1.5m | 99 |
Uniguest Holdings, Inc 3 $19.3m $18.6m 0.6% 4.7y ($0.7m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-11-27 | $19.6m | $19.3m | $18.8m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2030-11-27 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-11-27 | $0.0m | ($0.0m) | ($0.2m) | — |
Galaxy Universal LLC 3 $19.5m $18.4m 0.6% 2.1y ($0.8m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2028-05-12 | $16.2m | $16.2m | $15.3m | 94 |
| First Lien Secured Debt - Term Loan | SOFR + 625 , 1.00 % Floor | 2028-05-12 | $2.5m | $2.5m | $2.4m | 95 |
| First Lien Secured Debt - Delayed Draw | SOFR + 575 , 1.00 % Floor | 2028-05-12 | $0.8m | $0.7m | $0.7m | 95 |
Midwest Vision Partners Management, LLC 3 $23.5m $18.2m 0.6% 1.8y ($5.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan non-accrual | 10.45 % | 2028-01-12 | $21.9m | $21.8m | $16.8m | 77 |
| First Lien Secured Debt - Term Loan non-accrual | 10.20 % | 2028-01-12 | $1.1m | $1.1m | $0.9m | 77 |
| First Lien Secured Debt - Revolver non-accrual | 10.45 % | 2028-01-12 | $0.6m | $0.6m | $0.5m | 77 |
Olympus Terminals Holdco II LLC 3 $18.0m $17.9m 0.6% 4.7y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2030-12-17 | $18.4m | $18.1m | $18.0m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2030-12-17 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 0.75 % Floor | 2030-12-17 | $0.0m | ($0.1m) | ($0.1m) | — |
Amplity Parent, Inc. 3 $28.6m $17.8m 0.6% 0.8y $0.3m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan non-accrual | 12.27 % | 2027-01-31 | $26.8m | $25.9m | $15.9m | 62 |
| First Lien Secured Debt - Revolver | SOFR + 1260 PIK, 1.00 % Floor | 2027-01-31 | $1.3m | $1.2m | $1.2m | 99 |
| First Lien Secured Debt - Revolver non-accrual | 12.27 % | 2027-01-31 | $1.5m | $1.4m | $0.7m | 48 |
ExactCare Parent, Inc. 2 $17.2m $17.7m 0.6% 3.6y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2029-11-05 | $17.7m | $17.3m | $17.7m | 102 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2029-11-05 | $0.0m | ($0.0m) | $0.0m | — |
TeamLINX Buyer, LLC 2 $17.5m $17.5m 0.6% 4.7y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-12-18 | $17.8m | $17.6m | $17.5m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2030-12-18 | $0.0m | ($0.0m) | ($0.0m) | — |
WellDyneRx, LLC 2 $17.2m $17.1m 0.6% 1.8y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 685 , 0.75 % Floor | 2027-12-31 | $17.4m | $17.2m | $17.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 685 , 0.75 % Floor | 2027-12-31 | $0.0m | ($0.0m) | ($0.0m) | — |
Space Finco, Inc. 3 $17.1m $17.1m 0.6% 5.9y $6.8m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2032-02-05 | $10.5m | $10.4m | $10.4m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 575 , 1.00 % Floor | 2032-02-05 | $6.9m | $6.8m | $6.7m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 575 , 1.00 % Floor | 2031-02-05 | $0.0m | ($0.0m) | ($0.0m) | — |
Vybond Buyer, LLC 3 $16.9m $16.8m 0.6% 5.8y ($0.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2032-02-03 | $17.2m | $17.0m | $16.9m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2032-02-03 | $0.0m | ($0.0m) | ($0.1m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2032-02-03 | $0.0m | ($0.0m) | ($0.1m) | — |
F&M Buyer LLC 3 $16.7m $16.7m 0.6% 6.0y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-03-18 | $16.9m | $16.8m | $16.7m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-03-18 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2032-03-18 | $0.0m | ($0.0m) | ($0.1m) | — |
Aspen Aerogels, Inc. 2 $16.9m $16.6m 0.6% 3.4y ($1.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 4.50 % Floor | 2029-08-19 | $17.1m | $16.9m | $16.6m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 510 , 2.50 % Floor | 2029-08-19 | $0.0m | $0.0m | $0.0m | 71 |
BusPatrol Holdco 3 $16.6m $16.5m 0.6% 3.3y $3.3m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2029-08-02 | $8.3m | $8.3m | $8.2m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2029-08-02 | $6.7m | $6.6m | $6.6m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 400 , 1.00 % Floor | 2029-08-02 | $1.7m | $1.7m | $1.7m | 100 |
RoC Holdco LLC 3 $16.4m $16.5m 0.6% 4.9y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-02-21 | $12.5m | $12.3m | $12.4m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2031-02-21 | $4.1m | $4.1m | $4.1m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-02-21 | $0.0m | ($0.0m) | ($0.0m) | — |
Precision Refrigeration & Air Conditioning LLC 3 $16.7m $16.4m 0.6% 1.9y ($0.5m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 690 , 1.00 % Floor | 2028-03-08 | $10.8m | $10.7m | $10.6m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 690 , 1.00 % Floor | 2028-03-08 | $4.9m | $4.8m | $4.8m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 690 , 1.00 % Floor | 2028-03-08 | $1.1m | $1.1m | $1.1m | 96 |
Zafin Labs Americas Incorporated 2 $16.4m $16.4m 0.6% 4.9y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2031-02-14 | $16.7m | $16.5m | $16.4m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2031-02-14 | $0.0m | ($0.0m) | ($0.0m) | — |
Carbonfree Chemicals Holdings LLC 1 $56.5m $16.2m 0.5% — ($2.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Equity / Interest affiliated | N/A | — | 12,456,274 sh | $56.5m | $16.2m | 29 |
Gainwell Acquisition Corp. (Milano Acquisition Corp) 1 $16.0m $16.1m 0.5% 1.5y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 400 , 0.75 % Floor | 2027-10-01 | $16.6m | $16.0m | $16.1m | 100 |
Cool Buyer, Inc. 3 $16.6m $16.1m 0.5% 4.6y $1.7m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2030-10-31 | $13.2m | $13.0m | $12.7m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2030-10-31 | $3.6m | $3.6m | $3.5m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2030-10-31 | $0.0m | ($0.0m) | ($0.1m) | — |
MGP Holdings III Corp. 3 $15.9m $15.8m 0.5% 3.9y $0.1m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-03-01 | $14.0m | $13.8m | $13.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-03-01 | $1.8m | $1.8m | $1.8m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-03-01 | $0.2m | $0.2m | $0.2m | 96 |
WH BorrowerCo, LLC 3 $15.9m $15.4m 0.5% 4.3y ($2.8m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-08-02 | $11.2m | $11.1m | $10.8m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-08-02 | $4.3m | $4.3m | $4.1m | 95 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2030-08-02 | $0.6m | $0.6m | $0.5m | 88 |
Hive Intermediate, LLC 2 $14.6m $14.7m 0.5% 1.5y ($0.9m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2027-09-22 | $13.5m | $13.5m | $13.5m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 560 , 1.00 % Floor | 2027-09-22 | $1.1m | $1.1m | $1.1m | 101 |
August Bioservices, LLC 3 $15.3m $14.6m 0.5% 3.2y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 595 , 2.00 % Floor | 2029-06-01 | $12.0m | $12.0m | $11.4m | 96 |
| First Lien Secured Debt - Delayed Draw | SOFR + 595 , 2.00 % Floor | 2029-06-01 | $3.0m | $3.0m | $2.9m | 96 |
| First Lien Secured Debt - Revolver | SOFR + 400 , 2.00 % Floor | 2029-06-01 | $0.4m | $0.4m | $0.3m | 94 |
LendingPoint 2018-1 Funding Trust 2 $15.0m $14.6m 0.5% 3.8y $4.5m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Revolver | SOFR + 300 , 1.00 % Floor | 2029-12-31 | $9.0m | $9.0m | $8.8m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 300 , 1.00 % Floor | 2029-12-31 | $5.9m | $6.0m | $5.8m | 97 |
Excelligence Learning Corporation 2 $16.6m $14.4m 0.5% 3.8y ($0.6m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2030-01-18 | $15.2m | $15.0m | $13.1m | 88 |
| First Lien Secured Debt - Revolver | SOFR + 575 , 1.00 % Floor | 2030-01-18 | $1.6m | $1.6m | $1.3m | 81 |
LSF12 Donnelly Bidco, LLC 1 $14.4m $14.3m 0.5% 3.5y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 650 , 1.00 % Floor | 2029-10-02 | $14.6m | $14.4m | $14.3m | 100 |
Complete Paper Inc. 1 $14.7m $14.3m 0.5% 4.8y ($0.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2031-02-04 | $14.8m | $14.7m | $14.3m | 98 |
Traffic Management Solutions, LLC 3 $14.2m $14.2m 0.5% 4.7y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-11-26 | $11.0m | $10.9m | $10.9m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-11-26 | $3.4m | $3.3m | $3.3m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2030-11-26 | $0.0m | ($0.0m) | ($0.0m) | — |
PMA Parent Holdings, LLC 2 $13.8m $13.8m 0.5% 4.8y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2031-01-31 | $14.0m | $13.9m | $13.8m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2031-01-31 | $0.0m | ($0.0m) | ($0.0m) | — |
Painters Supply and Equipment Co. (fka Graffiti Buyer, Inc.) 3 $14.2m $13.8m 0.5% 1.4y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 560 , 1.00 % Floor | 2027-08-10 | $10.7m | $10.6m | $10.4m | 98 |
| First Lien Secured Debt - Delayed Draw | SOFR + 560 , 1.00 % Floor | 2027-08-10 | $3.6m | $3.6m | $3.4m | 95 |
| First Lien Secured Debt - Revolver | SOFR + 560 , 1.00 % Floor | 2027-08-10 | $0.0m | ($0.0m) | ($0.0m) | — |
Total Power Limited 5 $14.0m $13.7m 0.5% 4.3y ($0.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | CORRA + 450 , 0.75 % Floor | 2030-07-22 | $12.1m | $8.7m | $8.5m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2030-07-22 | $3.8m | $3.8m | $3.8m | 100 |
| First Lien Secured Debt - Delayed Draw | CORRA + 450 , 0.75 % Floor | 2030-07-22 | $2.2m | $1.6m | $1.5m | 97 |
| First Lien Secured Debt - Revolver | CORRA + 450 , 0.75 % Floor | 2030-07-22 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2030-07-22 | $0.0m | $0.0m | ($0.1m) | -6900 |
EmpiRx Health LLC 3 $13.6m $13.6m 0.5% 3.3y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2029-08-05 | $8.7m | $8.6m | $8.6m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2029-08-06 | $5.0m | $4.9m | $5.0m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2029-08-05 | $0.0m | ($0.0m) | ($0.0m) | — |
Rigel Pharmaceuticals, Inc. 2 $13.5m $13.5m 0.5% 1.4y ($2.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 650 , 4.00 % Floor | 2027-09-01 | $11.2m | $11.2m | $11.2m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 650 , 4.00 % Floor | 2027-09-01 | $2.2m | $2.3m | $2.2m | 100 |
IW Buyer LLC 2 $13.4m $13.5m 0.5% 3.2y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 510 , 1.00 % Floor | 2029-06-28 | $13.6m | $13.4m | $13.5m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 510 , 1.00 % Floor | 2029-06-28 | $0.0m | ($0.0m) | ($0.0m) | — |
LS Clinical Services Holdings, Inc. 2 $17.7m $13.4m 0.5% 3.7y ($1.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 875 (Inclusive of 9.95 % PIK), 1.00 % Floor | 2029-12-16 | $16.8m | $16.7m | $12.8m | 77 |
| First Lien Secured Debt - Revolver | SOFR + 875 (Inclusive of 9.95 % PIK), 1.00 % Floor | 2029-06-16 | $1.1m | $1.0m | $0.6m | 62 |
Shout! Factory LLC 2 $13.6m $13.4m 0.5% 5.2y $0.2m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2031-06-30 | $13.2m | $13.0m | $12.9m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2031-06-30 | $0.6m | $0.6m | $0.6m | 98 |
Saffron Bidco Ltd 3 $13.5m $13.1m 0.4% 5.5y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 325 Cash plus 2.50 % PIK, 0.75 % Floor | 2031-09-24 | $13.7m | $13.5m | $13.3m | 99 |
| First Lien Secured Debt - Term Loan | EURIBOR + 325 Cash plus 2.50 % PIK, 0.75 % Floor | 2031-09-24 | $0.1m | $0.1m | $0.1m | 103 |
| First Lien Secured Debt - Delayed Draw | SON + 325 Cash plus 2.50 % PIK, 0.75 % Floor | 2031-09-24 | $0.0m | ($0.1m) | ($0.2m) | — |
Gateway US Holdings, Inc. 3 $13.2m $13.1m 0.4% 2.5y $0.1m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2028-09-22 | $12.5m | $12.5m | $12.4m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2028-09-22 | $0.7m | $0.7m | $0.7m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2028-09-22 | $0.0m | ($0.0m) | ($0.0m) | — |
Ideal Components Acquisition, LLC 3 $13.1m $13.0m 0.4% 6.3y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2032-06-30 | $13.0m | $12.8m | $12.8m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2032-06-30 | $0.3m | $0.2m | $0.2m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2032-06-30 | $0.0m | ($0.0m) | ($0.0m) | — |
Maxor National Pharmacy Services, LLC 2 $12.7m $12.9m 0.4% 2.9y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 610 , 1.00 % Floor | 2029-03-01 | $13.0m | $12.8m | $12.9m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 610 , 1.00 % Floor | 2029-03-01 | $0.0m | ($0.0m) | ($0.0m) | — |
Natus Sensory, Inc. 4 $13.0m $12.9m 0.4% 4.8y ($0.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2031-01-07 | $10.6m | $10.4m | $10.2m | 98 |
| First Lien Secured Debt - Term Loan | EURIBOR + 525 , 0.00 % Floor | 2031-01-07 | $2.5m | $2.6m | $2.8m | 109 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2031-01-07 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 0.75 % Floor | 2031-01-07 | $0.0m | ($0.0m) | ($0.1m) | — |
Distinct Holdings Inc 2 $14.1m $12.8m 0.4% 3.3y ($1.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2029-07-18 | $13.0m | $12.8m | $11.8m | 92 |
| First Lien Secured Debt - Revolver | SOFR + 575 , 1.00 % Floor | 2029-07-18 | $1.3m | $1.2m | $1.1m | 88 |
Pavement Preservation Acquisition, LLC 3 $12.8m $12.7m 0.4% 4.4y $1.8m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-08-09 | $10.8m | $10.6m | $10.5m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-08-09 | $2.2m | $2.1m | $2.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-08-09 | $0.1m | $0.1m | $0.1m | 85 |
AMI Buyer, Inc. 2 $12.8m $12.7m 0.4% 5.5y ($0.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2031-10-17 | $13.0m | $12.8m | $12.7m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2031-10-17 | $0.0m | ($0.0m) | ($0.0m) | — |
HEF Safety Ultimate Holdings, LLC 3 $12.4m $12.6m 0.4% 3.6y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2029-11-19 | $7.3m | $7.2m | $7.3m | 102 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2029-11-19 | $5.3m | $5.2m | $5.3m | 102 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2029-11-19 | $0.0m | ($0.0m) | ($0.0m) | — |
FC2 LLC 2 $12.5m $12.3m 0.4% 1.5y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Secured Debt - Promissory Note affiliated | 6.50 % | 2027-10-14 | $12.5m | $12.5m | $12.3m | 99 |
| Common Equity - Common Stock affiliated | N/A | — | 5 sh | $0.0m | $0.0m | — |
DCM Parent, LLC 2 $12.3m $12.3m 0.4% 4.9y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2031-03-12 | $12.5m | $12.4m | $12.4m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2031-03-12 | $0.0m | ($0.0m) | ($0.0m) | — |
ePac Holdings LLC 3 $12.3m $12.3m 0.4% 5.8y $12.3m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-01-14 | $9.7m | $9.6m | $9.6m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-01-14 | $3.8m | $2.7m | $2.7m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-01-14 | $0.0m | ($0.0m) | ($0.0m) | — |
Accelevation LLC 3 $12.0m $12.1m 0.4% 4.8y $0.2m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2031-01-02 | $9.2m | $9.0m | $9.1m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2031-01-02 | $2.2m | $2.2m | $2.2m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2031-01-02 | $0.8m | $0.7m | $0.8m | 102 |
Lindstrom, LLC 2 $11.9m $11.8m 0.4% 6.8y ($0.7m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 550 , 0.75 % Floor | 2032-12-30 | $11.5m | $11.3m | $11.3m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 0.75 % Floor | 2032-12-30 | $0.7m | $0.6m | $0.6m | 96 |
M&M OPCO, LLC 2 $11.7m $11.6m 0.4% 3.0y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 600 , 1.00 % Floor | 2029-04-07 | $11.9m | $11.7m | $11.6m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 600 , 1.00 % Floor | 2029-04-07 | $0.0m | ($0.0m) | ($0.0m) | — |
OMH-Healthedge Holdings, Inc. 2 $11.9m $11.5m 0.4% 4.0y ($0.4m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 450 , 1.00 % Floor | 2030-04-01 | $11.9m | $11.9m | $11.5m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 1.00 % Floor | 2030-04-01 | $0.0m | ($0.0m) | ($0.0m) | — |
Bingo Group Buyer, Inc. 3 $11.4m $11.4m 0.4% 5.3y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2031-07-10 | $9.3m | $9.3m | $9.3m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2031-07-10 | $2.1m | $2.1m | $2.1m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2031-07-10 | $0.0m | $0.0m | $0.0m | 124 |
BDO USA, P.A. 1 $11.7m $11.4m 0.4% 2.4y ($0.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 2.00 % Floor | 2028-08-31 | $11.7m | $11.7m | $11.4m | 98 |
TCW Midco LLC 3 $11.4m $11.3m 0.4% 3.6y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 575 , 1.00 % Floor | 2029-10-22 | $6.6m | $6.5m | $6.5m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2029-10-22 | $4.9m | $4.9m | $4.8m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 575 , 1.00 % Floor | 2029-10-22 | $0.0m | ($0.0m) | ($0.0m) | — |
Amylu Borrower Sub, LLC 3 $11.1m $11.1m 0.4% 5.2y $0.1m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2031-06-10 | $10.9m | $10.8m | $10.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2031-06-10 | $0.3m | $0.3m | $0.3m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2031-06-10 | $0.0m | ($0.0m) | ($0.0m) | — |
Celerion Buyer, Inc. 2 $10.8m $10.9m 0.4% 3.6y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2029-11-05 | $11.0m | $10.8m | $10.9m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2028-11-03 | $0.0m | ($0.0m) | ($0.0m) | — |
Congruex Group LLC 1 $15.8m $10.9m 0.4% 3.1y ($1.7m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 590 , 1.50 % Floor | 2029-05-03 | $16.0m | $15.8m | $10.9m | 69 |
Smith Topco, Inc. 3 $10.9m $10.9m 0.4% 3.6y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2029-11-06 | $9.5m | $9.4m | $9.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR+ 500 , 1.00 % Floor | 2029-11-06 | $1.5m | $1.5m | $1.5m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2029-11-06 | $0.0m | ($0.0m) | ($0.0m) | — |
SEV Intermediate Holdco, LLC 3 $10.8m $10.8m 0.4% 4.2y $1.2m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2030-06-21 | $8.2m | $8.1m | $8.1m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 0.75 % Floor | 2030-06-21 | $2.3m | $2.3m | $2.3m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2030-06-21 | $0.5m | $0.5m | $0.5m | 100 |
Stretto, Inc. 1 $10.8m $10.5m 0.4% 2.5y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2028-10-13 | $10.8m | $10.8m | $10.5m | 98 |
Overhaul Group, Inc. 3 $10.7m $10.5m 0.4% 4.3y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-08-01 | $10.7m | $10.7m | $10.5m | 98 |
| Preferred Equity - Preferred Equity | N/A | — | 5,405 sh | $0.1m | $0.1m | 81 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-08-01 | $0.0m | ($0.0m) | ($0.1m) | — |
Arcadia Solutions, Inc. 2 $10.6m $10.4m 0.4% 6.4y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2032-08-12 | $10.7m | $10.6m | $10.5m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2032-08-12 | $0.0m | ($0.0m) | ($0.0m) | — |
ACP Packaging Intermediateco, LLC 2 $10.4m $10.4m 0.4% 5.6y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-10-22 | $10.6m | $10.5m | $10.4m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2031-10-22 | $0.0m | ($0.0m) | ($0.0m) | — |
CSHC Buyerco, LLC 1 $10.2m $10.1m 0.3% 0.4y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 485 , 1.00 % Floor | 2026-09-08 | $10.2m | $10.2m | $10.1m | 100 |
Lunar Buyer, LLC 3 $10.4m $10.1m 0.3% 4.5y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 550 , 0.75 % Floor | 2030-10-03 | $9.0m | $8.8m | $8.7m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 0.75 % Floor | 2030-10-03 | $1.7m | $1.7m | $1.6m | 96 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 0.75 % Floor | 2030-10-03 | $0.0m | ($0.1m) | ($0.2m) | — |
Uplight, Inc. 3 $10.2m $10.0m 0.3% 3.2y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 600 , 4.00 % Floor | 2029-06-01 | $10.0m | $9.9m | $9.8m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 350 , 4.00 % Floor | 2029-06-01 | $0.3m | $0.3m | $0.3m | 95 |
| First Lien Secured Debt - Delayed Draw | SOFR + 600 , 4.00 % Floor | 2029-06-01 | $0.0m | $0.0m | ($0.1m) | — |
All Star Recruiting Locums, LLC 3 $9.8m $9.9m 0.3% 4.1y $0.1m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2030-05-01 | $7.3m | $7.2m | $7.3m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 1.00 % Floor | 2030-05-01 | $1.7m | $1.7m | $1.7m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2030-05-01 | $0.9m | $0.9m | $0.9m | 101 |
Lookout, Inc. 2 $10.0m $9.9m 0.3% 3.2y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 625 , 3.00 % Floor | 2029-06-01 | $5.0m | $5.0m | $5.0m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 625 , 3.00 % Floor | 2029-06-01 | $5.0m | $5.0m | $5.0m | 99 |
Maxor Acquisition, Inc. 1 $9.8m $9.8m 0.3% 2.9y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 610 , 1.00 % Floor | 2029-03-01 | $9.9m | $9.8m | $9.8m | 100 |
Club Champion LLC 2 $9.6m $9.6m 0.3% 3.2y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2029-06-14 | $9.0m | $8.9m | $8.9m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2029-06-14 | $0.7m | $0.7m | $0.7m | 100 |
WC ORS Buyer, Inc. 1 $9.3m $9.3m 0.3% 5.4y ($11.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2031-08-07 | $9.4m | $9.3m | $9.3m | 100 |
Alcresta Therapeutics Inc. 2 $9.3m $9.3m 0.3% 4.9y $0.1m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2031-03-12 | $9.3m | $9.2m | $9.2m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2031-03-12 | $0.1m | $0.1m | $0.1m | 104 |
Auto Pool 2023 Trust (Del. Stat. Trust) 1 $19.0m $9.1m 0.3% — ($1.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Structured Products and Other - Membership Interests affiliated | N/A | — | $0.0m | $19.0m | $9.1m | 48 |
Crumbl Enterprises LLC 2 $9.1m $9.0m 0.3% 6.1y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-05-05 | $9.2m | $9.1m | $9.0m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-05-05 | $0.0m | ($0.0m) | ($0.0m) | — |
Go Car Wash Management, Corp. 1 $9.1m $9.0m 0.3% 2.3y $9.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 585 , 1.00 % Floor | 2028-06-30 | $9.2m | $9.1m | $9.0m | 98 |
IBG Borrower LLC 2 $9.0m $8.9m 0.3% 4.1y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 515 , 1.00 % Floor | 2029-08-22 | $5.8m | $5.7m | $5.6m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2031-08-22 | $3.4m | $3.3m | $3.3m | 99 |
G&A Partners Holding Company II, LLC 3 $8.8m $8.9m 0.3% 4.9y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2031-03-03 | $6.6m | $6.5m | $6.6m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2031-03-01 | $2.3m | $2.3m | $2.3m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 618 , 0.75 % Floor | 2030-03-01 | $0.0m | ($0.0m) | ($0.0m) | — |
Origami Opportunities Fund III, L.P. 2 $8.9m $8.9m 0.3% 1.6y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 625 , 2.00 % Floor | 2027-10-25 | $6.8m | $6.7m | $6.7m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 625 , 2.00 % Floor | 2027-10-25 | $2.2m | $2.2m | $2.2m | 100 |
NCP-MSI Buyer 3 $9.1m $8.8m 0.3% 5.0y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2031-03-24 | $5.8m | $5.7m | $5.6m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 375 , 0.75 % Floor | 2031-03-24 | $1.9m | $1.9m | $1.8m | 95 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2031-03-24 | $1.5m | $1.5m | $1.4m | 97 |
Alcami Corporation 3 $8.7m $8.8m 0.3% 2.7y $0.1m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 710 , 1.00 % Floor | 2028-12-21 | $8.0m | $7.8m | $7.9m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 710 , 1.00 % Floor | 2028-12-21 | $0.6m | $0.6m | $0.6m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 710 , 1.00 % Floor | 2028-12-21 | $0.3m | $0.3m | $0.3m | 101 |
Trillium Health Care Products Inc. 3 $8.9m $8.7m 0.3% 5.3y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-08-06 | $8.0m | $7.9m | $7.8m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2031-08-06 | $1.0m | $1.0m | $1.0m | 98 |
| First Lien Secured Debt - Revolver | CORRA + 525 , 1.00 % Floor | 2031-08-06 | $0.0m | $0.0m | ($0.0m) | — |
HALO Buyer, Inc 2 $8.9m $8.7m 0.3% 3.4y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 600 , 1.00 % Floor | 2029-08-07 | $8.6m | $8.5m | $8.3m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 600 , 1.00 % Floor | 2029-08-07 | $0.4m | $0.4m | $0.4m | 94 |
Sperry Acquisition, LLC 3 $8.7m $8.7m 0.3% 4.8y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500, 0.75 % Floor | 2031-02-03 | $6.9m | $6.8m | $6.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500, 0.75 % Floor | 2031-02-03 | $1.9m | $1.9m | $1.9m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2031-02-03 | $0.0m | ($0.0m) | ($0.0m) | — |
Texada Software LLC 3 $8.9m $8.7m 0.3% 4.1y ($0.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2030-04-30 | $6.9m | $6.8m | $6.6m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 1.00 % Floor | 2030-04-30 | $2.1m | $2.0m | $2.0m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2030-04-30 | $0.1m | $0.1m | $0.0m | 57 |
Banner Buyer, LLC 3 $15.4m $8.6m 0.3% 1.2y ($2.4m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan non-accrual | 10.24 % | 2027-05-31 | $12.4m | $11.9m | $7.1m | 60 |
| First Lien Secured Debt - Delayed Draw non-accrual | 10.24 % | 2027-05-31 | $3.0m | $2.9m | $1.7m | 60 |
| First Lien Secured Debt - Revolver non-accrual | 10.24 % | 2027-05-31 | $0.6m | $0.6m | ($0.2m) | -40 |
Kauffman Intermediate, LLC 3 $18.4m $8.5m 0.3% 0.5y ($3.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan non-accrual | 10.30 % | 2026-09-30 | $18.3m | $16.9m | $7.7m | 45 |
| First Lien Secured Debt - Revolver non-accrual | 10.30 % | 2026-09-30 | $1.4m | $1.2m | $0.6m | 46 |
| First Lien Secured Debt - Term Loan | SOFR + 460 , 1.00 % Floor | 2026-09-30 | $0.3m | $0.3m | $0.3m | 109 |
ACP Avenu Buyer, LLC 3 $8.9m $8.5m 0.3% 3.5y ($0.4m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2029-10-02 | $5.4m | $5.3m | $5.1m | 95 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2029-10-02 | $3.7m | $3.6m | $3.5m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2029-10-02 | $0.0m | ($0.0m) | ($0.1m) | — |
Mobile Communications America, Inc. 3 $8.8m $8.5m 0.3% 3.5y ($0.6m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2029-10-16 | $6.5m | $6.4m | $6.2m | 96 |
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2029-10-16 | $2.4m | $2.4m | $2.4m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2029-10-16 | $0.0m | ($0.0m) | ($0.0m) | — |
Ichor Management Limited 1 $8.7m $8.4m 0.3% 3.7y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2029-12-08 | $8.9m | $8.7m | $8.4m | 97 |
Eagle U.S. Purchaser, Inc. 2 $8.4m $8.4m 0.3% 6.8y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2032-12-31 | $8.5m | $8.4m | $8.4m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2032-12-31 | $0.0m | ($0.0m) | ($0.0m) | — |
CircusTrix Holdings LLC 3 $8.4m $8.3m 0.3% 2.3y $0.1m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 675 , 1.00 % Floor | 2028-07-18 | $6.9m | $6.8m | $6.8m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 675 , 1.00 % Floor | 2028-07-18 | $1.0m | $1.0m | $1.0m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 675 , 1.00 % Floor | 2028-07-18 | $0.6m | $0.6m | $0.6m | 98 |
Paladone Group Bidco Limited 4 $8.3m $8.3m 0.3% 1.6y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 585 , 1.00 % Floor | 2027-11-12 | $5.9m | $5.8m | $5.8m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 585 , 1.00 % Floor | 2027-11-12 | $1.1m | $1.1m | $1.1m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 585 , 1.00 % Floor | 2027-11-12 | $0.9m | $0.9m | $0.9m | 99 |
| First Lien Secured Debt - Revolver | SON + 585 , 1.00 % Floor | 2027-11-12 | $0.4m | $0.5m | $0.5m | 98 |
Protein For Pets Opco, LLC 2 $8.3m $8.3m 0.3% 4.5y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-09-20 | $8.5m | $8.3m | $8.3m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-09-20 | $0.0m | ($0.0m) | ($0.0m) | — |
Relevant Industrial, LLC 3 $8.2m $8.0m 0.3% 5.1y ($0.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 450 , 1.00 % Floor | 2031-05-16 | $8.2m | $8.1m | $8.0m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 1.00 % Floor | 2031-05-16 | $0.2m | $0.2m | $0.1m | 53 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 1.00 % Floor | 2031-05-16 | $0.0m | ($0.0m) | ($0.0m) | — |
Brush Group Bidco Limited 2 $7.8m $7.9m 0.3% 5.3y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SON + 500 , 0.00 % Floor | 2031-07-30 | $6.0m | $7.8m | $7.9m | 102 |
| First Lien Secured Debt - Revolver | SON + 500 , 0.00 % Floor | 2031-07-30 | $0.0m | ($0.0m) | $0.0m | — |
Tyber Medical LLC 5 $8.0m $7.9m 0.3% 6.1y $7.9m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2032-06-12 | $6.0m | $6.0m | $5.9m | 99 |
| First Lien Secured Debt - Term Loan | EURIBOR + 500 , 0.75 % Floor | 2032-06-12 | $1.2m | $1.3m | $1.3m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2031-06-12 | $0.5m | $0.4m | $0.4m | 98 |
| First Lien Secured Debt - Revolver | EURIBOR + 500 , 0.75 % Floor | 2031-06-12 | $0.2m | $0.2m | $0.2m | 96 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2032-06-12 | $0.0m | ($0.0m) | ($0.0m) | — |
RHI Acquisition LLC 3 $7.9m $7.9m 0.3% 3.0y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 575 , 1.00 % Floor | 2029-03-16 | $5.9m | $5.8m | $5.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 575 , 1.00 % Floor | 2029-03-16 | $2.1m | $2.1m | $2.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 575 , 1.00 % Floor | 2029-03-16 | $0.0m | ($0.0m) | ($0.0m) | — |
Zendesk, Inc. 3 $8.3m $7.8m 0.3% 2.6y $0.1m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2028-11-22 | $6.6m | $6.6m | $6.3m | 95 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 0.75 % Floor | 2028-11-22 | $1.7m | $1.7m | $1.6m | 95 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.75 % Floor | 2028-11-22 | $0.0m | $0.0m | ($0.0m) | — |
Tasty Chick'n LLC 3 $12.4m $7.8m 0.3% 3.1y ($1.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan non-accrual | 9.91 % | 2029-05-16 | $11.6m | $11.3m | $7.5m | 66 |
| First Lien Secured Debt - Delayed Draw non-accrual | 9.91 % | 2029-05-16 | $0.3m | $0.3m | $0.2m | 66 |
| First Lien Secured Debt - Revolver non-accrual | 9.91 % | 2029-05-16 | $0.9m | $0.8m | $0.2m | 18 |
GI Apple Midco LLC 3 $7.7m $7.7m 0.3% 4.0y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 675 , 1.00 % Floor | 2030-04-19 | $7.5m | $7.4m | $7.4m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 675 , 1.00 % Floor | 2029-04-19 | $0.2m | $0.2m | $0.2m | 102 |
| First Lien Secured Debt - Delayed Draw | SOFR + 675 , 1.00 % Floor | 2030-04-19 | $0.1m | $0.1m | $0.1m | 101 |
Ultra Clean Holdco LLC 3 $7.8m $7.7m 0.3% 4.3y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-07-01 | $5.5m | $5.4m | $5.3m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-07-01 | $2.5m | $2.4m | $2.4m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-07-01 | $0.0m | ($0.0m) | ($0.0m) | — |
YTC Enterprises, LLC 1 $8.0m $7.6m 0.3% 0.4y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 636 , 1.00 % Floor | 2026-08-16 | $8.0m | $8.0m | $7.6m | 96 |
mPulse Mobile, Inc. 3 $8.0m $7.6m 0.3% 6.4y ($0.4m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2032-08-26 | $8.1m | $8.0m | $7.7m | 96 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2032-08-26 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2032-08-26 | $0.0m | ($0.0m) | ($0.1m) | — |
Orion Buyer, LLC 3 $8.1m $7.5m 0.3% 4.3y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-07-18 | $6.8m | $6.7m | $6.3m | 94 |
| First Lien Secured Debt - Revolver | P + 400 , 1.00 % Floor | 2030-07-18 | $1.4m | $1.4m | $1.3m | 94 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-07-18 | $0.0m | ($0.0m) | ($0.1m) | — |
Golden Bear 2016-R, LLC 1 $13.5m $7.5m 0.3% — ($0.6m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Structured Products and Other - Membership Interests affiliated | N/A | — | $0.0m | $13.5m | $7.5m | 55 |
PARS Group LLC 1 $8.5m $7.3m 0.2% 2.0y ($0.7m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 685 , 1.50 % Floor | 2028-04-03 | $8.6m | $8.5m | $7.3m | 86 |
Four Winds Interactive LLC 3 $7.4m $7.2m 0.2% 3.9y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 575 , 0.75 % Floor | 2030-02-20 | $7.5m | $7.4m | $7.3m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 575 , 0.75 % Floor | 2030-02-20 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 575 , 0.75 % Floor | 2030-02-20 | $0.0m | ($0.0m) | ($0.0m) | — |
Polaris Newco, LLC 1 $8.0m $7.1m 0.2% 2.2y ($0.7m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 426 , 0.50 % Floor | 2028-06-02 | $8.0m | $8.0m | $7.1m | 89 |
Chronicle Parent LLC 3 $7.2m $7.1m 0.2% 5.0y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2031-04-15 | $7.0m | $6.9m | $6.8m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2031-04-15 | $0.3m | $0.3m | $0.3m | 88 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2031-04-15 | $0.0m | ($0.0m) | ($0.0m) | — |
Colonnade Parent Inc (fka Naviga Inc.) 3 $13.0m $7.0m 0.2% 0.5y ($0.8m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan non-accrual | 4.65 % | 2026-09-30 | $12.9m | $10.7m | $5.8m | 54 |
| First Lien Secured Debt - Delayed Draw non-accrual | 4.65 % | 2026-09-30 | $2.2m | $1.8m | $1.0m | 55 |
| First Lien Secured Debt - Revolver non-accrual | 4.65 % | 2026-09-30 | $0.5m | $0.5m | $0.2m | 47 |
Evergreen IX Borrower 2023, LLC 2 $7.0m $6.8m 0.2% 4.5y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2030-09-30 | $7.0m | $7.0m | $6.9m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2029-10-01 | $0.0m | $0.0m | ($0.0m) | — |
ChyronHego Corporation 1 $6.0m $6.8m 0.2% — ($6.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Preferred Equity - Preferred Equity controlled | N/A | — | 7,800 sh | $6.0m | $6.8m | 114 |
DecisionHR Holdings, Inc. 3 $6.7m $6.7m 0.2% 5.7y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 450 , 1.00 % Floor | 2031-12-08 | $6.8m | $6.7m | $6.7m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 1.00 % Floor | 2031-12-08 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 1.00 % Floor | 2031-12-08 | $0.0m | ($0.0m) | ($0.0m) | — |
EG Global Finance PLC 1 $6.4m $6.6m 0.2% 2.7y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Corporate Bond | SOFR + 750 , 0.50 % Floor | 2028-11-30 | $6.3m | $6.4m | $6.6m | 104 |
Regis Corporation 2 $6.6m $6.6m 0.2% 3.2y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 450 , 2.50 % Floor | 2029-06-24 | $6.6m | $6.5m | $6.5m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 2.50 % Floor | 2029-06-24 | $0.2m | $0.1m | $0.1m | 93 |
Arrivia, Inc. (International Cruise & Excursion Gallery, Inc) 2 $13.5m $6.6m 0.2% 2.8y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan affiliated | SOFR + 600 , 1.00 % Floor | 2028-12-31 | $4.0m | $8.7m | $3.9m | 45 |
| Common Equity - Membership Interests affiliated | N/A | — | 531,312 sh | $4.7m | $2.6m | 55 |
Premier Imaging, LLC 1 $8.7m $6.6m 0.2% 1.6y ($1.4m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 426 Cash plus 2.00 % PIK, 1.00 % Floor | 2027-10-31 | $8.8m | $8.7m | $6.6m | 76 |
Genius Bidco LLC 4 $6.6m $6.4m 0.2% 4.1y $5.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-05-01 | $5.0m | $4.9m | $4.8m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-05-01 | $1.3m | $1.3m | $1.3m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-05-01 | $0.3m | $0.3m | $0.3m | 92 |
| Common Equity - Common Stock | N/A | — | 773 sh | $0.1m | $0.0m | 56 |
Munson Buffalo Restaurant Group LLC 2 $8.8m $6.3m 0.2% 3.2y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw non-accrual | 10.16 % | 2029-05-31 | $5.5m | $5.4m | $3.8m | 70 |
| First Lien Secured Debt - Term Loan non-accrual | 10.16 % | 2029-05-31 | $3.5m | $3.4m | $2.6m | 75 |
Simeio Group Holdings, Inc. 2 $9.0m $6.3m 0.2% -0.2y ($0.5m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan non-accrual | 11.03 % | 2026-02-02 | $8.1m | $8.1m | $5.7m | 70 |
| First Lien Secured Debt - Revolver non-accrual | 11.03 % | 2026-02-02 | $0.9m | $0.9m | $0.6m | 71 |
Pure Upper Holdco LLC 3 $6.3m $6.3m 0.2% 5.7y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2031-12-03 | $6.4m | $6.4m | $6.3m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2031-12-03 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2031-12-03 | $0.0m | ($0.0m) | ($0.0m) | — |
Lotus Topco Inc. 3 $6.2m $6.2m 0.2% 4.2y $0.7m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2030-06-07 | $5.2m | $5.1m | $5.1m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.00 % Floor | 2030-06-07 | $1.1m | $1.1m | $1.1m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.00 % Floor | 2030-06-07 | $0.0m | ($0.0m) | ($0.0m) | — |
AGDATA Midco, LLC 3 $6.2m $6.1m 0.2% 4.3y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2030-07-01 | $5.4m | $5.3m | $5.3m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2030-07-01 | $0.7m | $0.7m | $0.6m | 92 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2030-07-01 | $0.2m | $0.2m | $0.2m | 97 |
Coretrust Purchasing Group LLC (HPG Enterprises LLC) 3 $6.1m $6.1m 0.2% 3.5y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2029-10-01 | $6.1m | $6.1m | $6.1m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 0.75 % Floor | 2029-10-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2029-10-01 | $0.0m | ($0.0m) | ($0.0m) | — |
Flow Control Intermediate Holdings 2.0, LLC 3 $6.0m $6.0m 0.2% 5.1y $0.7m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-05-01 | $5.3m | $5.2m | $5.2m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2031-05-01 | $0.8m | $0.8m | $0.8m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2031-05-01 | $0.0m | ($0.0m) | ($0.0m) | — |
Evolv Technologies Holdings, Inc. 3 $5.9m $5.9m 0.2% 4.3y $0.1m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 2.00 % Floor | 2030-07-01 | $6.0m | $5.9m | $6.0m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 2.00 % Floor | 2030-07-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 2.00 % Floor | 2030-07-01 | $0.0m | ($0.1m) | ($0.0m) | — |
Schlesinger Global, LLC 1 $6.3m $5.9m 0.2% 1.0y ($0.4m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 585 Cash plus 0.50 % PIK, 1.00 % Floor | 2027-03-31 | $6.3m | $6.3m | $5.9m | 94 |
Ronnoco Holdings, Inc. 4 $5.9m $5.9m 0.2% 5.0y $0.3m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 450, 1.00 % Floor | 2031-03-17 | $5.3m | $5.2m | $5.2m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 450 , 1.00 % Floor | 2031-03-17 | $0.6m | $0.6m | $0.6m | 102 |
| Preferred Equity - Preferred Equity | N/A | — | 1,000 sh | $0.1m | $0.1m | 100 |
| Common Equity - Common Stock | N/A | — | 107 sh | $0.0m | $0.0m | — |
Inovalon Holdings, Inc. 2 $6.3m $5.7m 0.2% 2.7y ($0.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 286 Cash plus 2.75 % PIK, 0.75 % Floor | 2028-11-24 | $6.3m | $6.2m | $5.6m | 90 |
| Second Lien Secured Debt - Term Loan non-accrual | 12.28 % | 2033-11-24 | $0.1m | $0.1m | $0.1m | 56 |
Crewline Buyer, Inc. 2 $5.6m $5.5m 0.2% 4.6y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 675 , 1.00 % Floor | 2030-11-08 | $5.6m | $5.6m | $5.5m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 675 , 1.00 % Floor | 2030-11-08 | $0.0m | $0.0m | ($0.0m) | — |
CRS Holdings, Inc. 3 $5.3m $5.3m 0.2% 4.2y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2030-06-06 | $3.5m | $3.4m | $3.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-06-06 | $1.9m | $1.8m | $1.9m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-06-06 | $0.0m | ($0.0m) | ($0.0m) | — |
Lifelong Learner Holdings, LLC 2 $6.3m $5.2m 0.2% 1.0y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 115 Cash plus 6.75 % PIK, 1.00 % Floor | 2027-04-12 | $5.7m | $5.7m | $4.7m | 83 |
| First Lien Secured Debt - Revolver | SOFR + 115 Cash plus 6.75 % PIK, 1.00 % Floor | 2027-04-12 | $0.6m | $0.6m | $0.5m | 82 |
Pace Health Companies, LLC 4 $5.1m $5.1m 0.2% 1.3y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 540 , 1.00 % Floor | 2027-08-02 | $3.4m | $3.4m | $3.3m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 565 , 1.00 % Floor | 2027-08-02 | $1.4m | $1.4m | $1.4m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 540 , 1.00 % Floor | 2027-08-02 | $0.5m | $0.5m | $0.5m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 540 , 1.00 % Floor | 2027-08-02 | $0.0m | ($0.0m) | ($0.0m) | — |
Angel Lux Bidco S.a.r.l. 1 $5.0m $5.0m 0.2% 6.7y $5.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.00 % Floor | 2032-12-20 | $5.0m | $5.0m | $5.0m | 100 |
BW ISO Acquisition LLC 1 $4.9m $4.9m 0.2% 1.6y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 0.75 % Floor | 2027-11-01 | $5.0m | $4.9m | $4.9m | 100 |
Wolfspeed Inc 1 $4.2m $4.8m 0.2% 4.2y ($3.7m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Corporate Bond | 9.88 % Cash plus 4.00 % PIK | 2030-06-23 | $4.3m | $4.2m | $4.8m | 113 |
Accelerate360 Holdings, LLC 2 $4.7m $4.6m 0.2% 0.9y ($0.2m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 626 , 1.00 % Floor | 2027-02-11 | $3.4m | $3.4m | $3.3m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 626 , 1.00 % Floor | 2027-02-11 | $1.3m | $1.3m | $1.3m | 97 |
IQN Holding Corp. 2 $4.6m $4.4m 0.1% 3.1y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 263 Cash plus 3.13 % PIK, 0.75 % Floor | 2029-05-02 | $4.5m | $4.5m | $4.3m | 95 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2028-05-02 | $0.2m | $0.2m | $0.1m | 92 |
Eagle Purchaser, Inc. 2 $4.6m $4.4m 0.1% 3.8y $0.1m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 250 Cash plus 4.75 % PIK, 1.00 % Floor | 2030-03-22 | $4.0m | $4.0m | $3.7m | 94 |
| First Lien Secured Debt - Revolver | SOFR + 250 Cash plus 4.75 % PIK, 1.00 % Floor | 2029-03-22 | $0.7m | $0.7m | $0.6m | 96 |
Health Management Associates Superholdings, Inc. 3 $4.3m $4.3m 0.1% 3.0y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2029-03-30 | $3.9m | $3.8m | $3.9m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2029-03-30 | $0.5m | $0.5m | $0.5m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2029-03-30 | $0.0m | ($0.0m) | ($0.0m) | — |
GS SEER Group Borrower LLC 3 $4.4m $4.2m 0.1% 4.0y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 675 , 1.00 % Floor | 2030-04-29 | $3.2m | $3.1m | $3.0m | 97 |
| First Lien Secured Debt - Delayed Draw | SOFR + 675 , 1.00 % Floor | 2030-04-29 | $1.2m | $1.1m | $1.1m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 675 , 1.00 % Floor | 2029-04-30 | $0.1m | $0.1m | $0.1m | 91 |
MRO Parent Corporation 3 $4.2m $4.2m 0.1% 6.2y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-06-09 | $4.2m | $4.2m | $4.2m | 101 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2032-06-09 | $0.0m | ($0.0m) | $0.0m | — |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-06-09 | $0.0m | ($0.0m) | $0.0m | — |
Justin's LLC 3 $4.2m $4.2m 0.1% 5.7y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2031-12-15 | $4.2m | $4.1m | $4.1m | 100 |
| Common Equity - Common Stock | N/A | — | 100,000 sh | $0.1m | $0.1m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2031-12-15 | $0.0m | ($0.0m) | ($0.0m) | — |
Metz Culinary Management, LLC 2 $4.1m $4.1m 0.1% 3.7y $4.1m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 450 , 1.00 % Floor | 2029-12-23 | $4.2m | $4.1m | $4.1m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 1.00 % Floor | 2029-12-23 | $0.0m | ($0.0m) | ($0.0m) | — |
Megavolt Borrower, LLC 1 $4.1m $4.1m 0.1% 5.9y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.00 % Floor | 2032-02-13 | $4.1m | $4.1m | $4.1m | 101 |
Merative L.P. 3 $4.1m $4.1m 0.1% 6.5y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 450 , 0.75 % Floor | 2032-09-30 | $4.1m | $4.1m | $4.1m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 450 , 0.75 % Floor | 2032-09-30 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Revolver | SOFR + 450 , 0.75 % Floor | 2032-09-30 | $0.0m | ($0.0m) | ($0.0m) | — |
Evoriel 2 $3.7m $4.0m 0.1% 5.0y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | EURIBOR + 525 , 0.00 % Floor | 2031-04-02 | $2.3m | $2.4m | $2.6m | 107 |
| First Lien Secured Debt - Delayed Draw | EURIBOR + 525 , 0.00 % Floor | 2031-04-02 | $1.2m | $1.3m | $1.4m | 108 |
Unchained Labs, LLC 3 $4.0m $4.0m 0.1% 1.4y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 555 , 1.00 % Floor | 2027-08-09 | $2.2m | $2.2m | $2.1m | 99 |
| First Lien Secured Debt - Term Loan | SOFR + 555 , 1.00 % Floor | 2027-08-09 | $1.8m | $1.8m | $1.8m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 555 , 1.00 % Floor | 2027-08-09 | $0.0m | ($0.0m) | ($0.0m) | — |
Flatworld Intermediate Corp 1 $3.9m $3.8m 0.1% 4.0y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.50 % Floor | 2030-03-25 | $3.9m | $3.9m | $3.8m | 99 |
Patriot MCN Buyer Corp. 3 $3.8m $3.8m 0.1% 5.5y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 1.75 % Floor | 2031-10-01 | $3.9m | $3.8m | $3.8m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 1.75 % Floor | 2031-10-01 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 1.75 % Floor | 2031-10-01 | $0.0m | ($0.0m) | ($0.0m) | — |
CARDS-Live Oak Holdings, Inc. 3 $3.8m $3.7m 0.1% 6.6y $0.4m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2032-10-21 | $3.1m | $3.1m | $3.1m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2032-10-21 | $0.5m | $0.4m | $0.4m | 97 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2032-10-21 | $0.2m | $0.2m | $0.2m | 98 |
Green Grass Foods, Inc. 2 $3.6m $3.7m 0.1% 3.7y $0.1m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2029-12-26 | $3.7m | $3.6m | $3.7m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 0.00 % Floor | 2029-12-26 | $0.0m | ($0.0m) | $0.0m | — |
Truck-Lite Co., LLC 3 $3.6m $3.6m 0.1% 5.9y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2032-02-13 | $3.2m | $3.2m | $3.2m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2032-02-13 | $0.4m | $0.4m | $0.4m | 103 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2032-02-13 | $0.0m | ($0.0m) | ($0.0m) | — |
Camin Cargo Control Holdings, Inc. 3 $3.6m $3.6m 0.1% 3.7y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 1.00 % Floor | 2029-12-07 | $2.1m | $2.0m | $2.0m | 98 |
| First Lien Secured Debt - Term Loan | SOFR + 550 , 1.00 % Floor | 2029-12-07 | $1.0m | $1.0m | $0.9m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 550 , 1.00 % Floor | 2029-12-07 | $0.7m | $0.7m | $0.6m | 97 |
Tarrytown Acquisition Holdings, LLC 3 $3.5m $3.5m 0.1% 6.6y $0.2m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2032-11-12 | $3.6m | $3.5m | $3.5m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2032-11-12 | $0.0m | ($0.0m) | ($0.0m) | — |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2032-11-12 | $0.0m | ($0.0m) | ($0.0m) | — |
MacQueen Equipment, LLC 1 $3.5m $3.5m 0.1% 1.8y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 551 , 1.00 % Floor | 2028-01-07 | $3.5m | $3.5m | $3.5m | 100 |
Channelside AcquisitionCo, Inc. (fka Gruden Acquisition, Inc.) 2 $3.5m $3.5m 0.1% 2.3y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2028-06-30 | $3.5m | $3.5m | $3.5m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2028-03-31 | $0.0m | $0.0m | ($0.0m) | — |
Village Pet Care, LLC 3 $3.3m $3.2m 0.1% 3.5y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 650 , 1.00 % Floor | 2029-09-22 | $1.5m | $1.5m | $1.5m | 99 |
| First Lien Secured Debt - Delayed Draw | SOFR + 650 , 1.00 % Floor | 2029-09-22 | $1.1m | $1.0m | $0.9m | 91 |
| First Lien Secured Debt - Revolver | SOFR + 650 , 1.00 % Floor | 2029-09-22 | $0.8m | $0.8m | $0.8m | 98 |
The North Highland Company LLC 3 $3.1m $3.1m 0.1% 5.7y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 475 , 0.75 % Floor | 2031-12-20 | $3.0m | $3.0m | $3.0m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 475 , 0.75 % Floor | 2030-12-20 | $0.1m | $0.1m | $0.1m | 95 |
| First Lien Secured Debt - Delayed Draw | SOFR + 475 , 0.75 % Floor | 2031-12-20 | $0.0m | ($0.0m) | ($0.0m) | — |
Poly-Wood, LLC 2 $2.9m $2.9m 0.1% 4.0y $0.2m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 488 , 1.00 % Floor | 2030-03-20 | $2.7m | $2.7m | $2.7m | 101 |
| First Lien Secured Debt - Revolver | SOFR + 488 , 1.00 % Floor | 2030-03-20 | $0.2m | $0.2m | $0.2m | 103 |
Ironhorse Purchaser, LLC 2 $2.9m $2.9m 0.1% 1.5y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2027-09-30 | $3.0m | $2.9m | $2.9m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2027-09-30 | $0.0m | ($0.0m) | ($0.0m) | — |
D&D Buyer, LLC 1 $2.5m $2.4m 0.1% 3.5y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 575 , 2.00 % Floor | 2029-10-04 | $2.5m | $2.5m | $2.4m | 100 |
JPW Industries Holding Corporation 1 $2.4m $2.4m 0.1% 2.6y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 588 , 2.00 % Floor | 2028-11-22 | $2.4m | $2.4m | $2.4m | 98 |
Aventiv Technologies, LLC (fka Securus Technologies Holdings, LLC) 2 $9.9m $2.3m 0.1% 0.5y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR+ 1026 , 1.00 % Floor | 2026-09-30 | $2.2m | $2.2m | $2.3m | 106 |
| Second Lien Secured Debt - Term Loan non-accrual | 12.98 % | 2026-09-30 | $9.5m | $7.7m | $0.0m | 0 |
R.F. Fager Company, LLC 3 $2.2m $2.2m 0.1% 3.9y $0.9m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-03-04 | $1.5m | $1.5m | $1.5m | 100 |
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-03-04 | $0.7m | $0.7m | $0.7m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 500 , 1.00 % Floor | 2030-03-04 | $0.0m | $0.0m | $0.0m | 104 |
Birch Group of Clinics Acquireco Inc. 3 $2.2m $2.2m 0.1% 5.8y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2031-12-31 | $1.9m | $1.8m | $1.8m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2031-12-31 | $0.4m | $0.4m | $0.4m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2031-12-31 | $0.0m | ($0.0m) | ($0.0m) | — |
Arcwood Environmental, Inc. (f/k/a Heritage Environmental Services, Inc.) 2 $1.7m $1.7m 0.1% 4.8y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 0.75 % Floor | 2031-01-31 | $1.7m | $1.7m | $1.7m | 100 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 0.75 % Floor | 2030-01-31 | $0.0m | $0.0m | $0.0m | — |
Go Car Wash Management Corp. 2 $1.7m $1.6m 0.1% 2.3y ($9.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 585 , 1.00 % Floor | 2028-06-30 | $1.6m | $1.6m | $1.5m | 98 |
| First Lien Secured Debt - Revolver | SOFR + 585 , 1.00 % Floor | 2028-06-30 | $0.1m | $0.1m | $0.1m | 88 |
Wm. Bolthouse Farms, Inc. 1 $1.5m $1.5m 0.1% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Equity Interests | N/A | — | 1,369,301 sh | $1.5m | $1.5m | 104 |
Guernsey Holdings SDI LA LLC 1 $1.5m $1.5m 0.1% 0.6y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | 6.95 % | 2026-11-18 | $1.5m | $1.5m | $1.5m | 99 |
Vixxo Corporation 2 $1.4m $1.4m 0.0% 4.3y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 500 , 1.00 % Floor | 2030-08-01 | $1.4m | $1.4m | $1.4m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 500 , 1.00 % Floor | 2030-08-01 | $0.0m | ($0.0m) | ($0.0m) | — |
HSI Halo Holdings, LLC 1 $0.0m $1.4m 0.0% — ($0.3m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 1,010 sh | $0.0m | $1.4m | 3030 |
Ingenovis Health, Inc. (CCRR Parent Inc) 1 $3.3m $1.4m 0.0% 1.9y $0.2m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan non-accrual | 8.18 % | 2028-03-06 | $3.8m | $3.3m | $1.4m | 42 |
CSC Holdings, LLC 2 $1.6m $1.3m 0.0% 4.5y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Unsecured Debt - Corporate Bond | 4.13 % | 2030-12-01 | $2.0m | $1.5m | $1.2m | 80 |
| First Lien Secured Debt - Revolver | SOFR + 225 , 0.00 % Floor | 2027-07-13 | $0.1m | $0.1m | $0.1m | 101 |
US Legal Support Investment Holdings, LLC 1 $0.6m $1.2m 0.0% — ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Series A-1 Units | N/A | — | 631,972 sh | $0.6m | $1.2m | 197 |
Norvax, LLC (dba GoHealth) 4 $2.0m $1.1m 0.0% 3.3y ($1.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 550 , 3.00 % Floor | 2029-08-05 | $0.8m | $0.8m | $0.8m | 93 |
| First Lien Secured Debt - Delayed Draw | SOFR + 550 , 3.00 % Floor | 2029-08-05 | $0.2m | $0.2m | $0.2m | 95 |
| First Lien Secured Debt - Revolver non-accrual | 15.21 % | 2029-08-06 | $1.0m | $1.0m | $0.1m | 11 |
| Common Equity - Common Stock | N/A | — | 8,648 sh | $0.0m | $0.0m | — |
Biamp 2 $0.8m $0.8m 0.0% 4.1y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2030-04-30 | $0.8m | $0.8m | $0.8m | 95 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2030-04-30 | $0.0m | $0.0m | $0.0m | 84 |
Acosta Holdings Corp. 2 $0.6m $0.8m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Preferred Equity - Preferred Equity | N/A | — | 11,749 sh | $0.5m | $0.7m | 138 |
| Common Equity - Common Stock | N/A | — | 6,266 sh | $0.1m | $0.0m | 51 |
KCF Puerto Rico, LLC 1 $1.0m $0.7m 0.0% 2.2y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Secured Debt - Promissory Note | N/A | 2028-06-28 | $1.7m | $1.0m | $0.7m | 70 |
RMCF V CIV L, L.P. 1 $0.5m $0.5m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 241 sh | $0.5m | $0.5m | 109 |
FCP-Hive Holdings, LLC 2 $0.5m $0.5m 0.0% — $0.1m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Preferred Equity - Preferred Equity | N/A | — | 589 sh | $0.4m | $0.5m | 106 |
| Common Equity - Common Stock | N/A | — | 589 sh | $0.0m | $0.0m | 0 |
AIC SPV Holdings II, LLC 1 $0.5m $0.5m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Preferred Equity - Preferred Stock | N/A | — | 534,375 sh | $0.5m | $0.5m | 88 |
Partner Therapeutics, Inc 2 $0.7m $0.5m 0.0% — ($0.4m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Preferred Equity - Preferred Equity | N/A | — | 55,556 sh | $0.3m | $0.3m | 100 |
| Warrants - Warrants | N/A | — | 73,333 sh | $0.4m | $0.1m | 34 |
Patriot Foods Buyer, Inc. 3 $0.4m $0.4m 0.0% 3.7y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 525 , 1.00 % Floor | 2029-12-24 | $0.2m | $0.2m | $0.2m | 100 |
| First Lien Secured Debt - Delayed Draw | SOFR + 525 , 1.00 % Floor | 2029-12-24 | $0.2m | $0.2m | $0.2m | 99 |
| First Lien Secured Debt - Revolver | SOFR + 525 , 1.00 % Floor | 2029-12-24 | $0.0m | $0.0m | $0.0m | 100 |
Litify Holdings Inc. 1 $0.1m $0.4m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 217,892 sh | $0.1m | $0.4m | 395 |
Sorenson Holdings, LLC 3 $0.5m $0.4m 0.0% 4.0y ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan non-accrual | 8.00 % | 2030-04-01 | $0.3m | $0.3m | $0.3m | 99 |
| Common Equity - Membership Interests | N/A | — | 279 sh | $0.1m | $0.1m | 72 |
| First Lien Secured Debt - Term Loan non-accrual | 10.00 % | 2030-04-01 | $0.1m | $0.1m | $0.1m | 99 |
MLN US Holdco LLC 1 $0.8m $0.4m 0.0% 4.2y ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan | SOFR + 200 Cash plus 6.00 % PIK, 1.00 % Floor | 2030-06-20 | $0.9m | $0.8m | $0.4m | 51 |
Renew JV LLC 1 $0.1m $0.3m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Membership Interests | N/A | — | 96,956 sh | $0.1m | $0.3m | 347 |
KL Charlie Co-Invest, L.P. 1 $0.2m $0.3m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 218,978 sh | $0.2m | $0.3m | 149 |
Gainline Galaxy Holdings LLC 1 $0.6m $0.2m 0.0% — $0.2m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 3,060 sh | $0.6m | $0.2m | 42 |
Heubach Holdings USA LLC 1 $0.1m $0.2m 0.0% 2.8y $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan non-accrual | 13.72 % | 2029-01-03 | $0.5m | $0.1m | $0.2m | 443 |
Silk Holdings I Corp. 1 $0.1m $0.2m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 100 sh | $0.1m | $0.2m | 237 |
Clearway Corporation (f/k/a NP/Clearway Holdings, Inc.) 1 $0.1m $0.2m 0.0% — ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 133 sh | $0.1m | $0.2m | 171 |
SMC IR Holdings, LLC 1 $0.2m $0.2m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 158 sh | $0.2m | $0.2m | 122 |
Project Comfort Buyer, Inc. 1 $0.5m $0.2m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Preferred Equity - Preferred Equity | N/A | — | 491,405 sh | $0.5m | $0.2m | 43 |
WC ORS Holdings, L.P. 1 $0.1m $0.2m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 100,000 sh | $0.1m | $0.2m | 207 |
HRO Holdings I LP 1 $0.2m $0.2m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 213 sh | $0.2m | $0.2m | 94 |
Alcresta Holdings, LP 2 $0.1m $0.2m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 1,176 sh | $0.0m | $0.1m | 11300 |
| Preferred Equity - Preferred Equity | N/A | — | 116 sh | $0.1m | $0.1m | 72 |
Graffiti Parent, LP 1 $0.2m $0.2m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 2,439 sh | $0.2m | $0.2m | 70 |
Owl Parent Holdings, LLC 1 $0.1m $0.2m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 100 sh | $0.1m | $0.2m | 166 |
K&N Holdco, LLC 1 $23.7m $0.1m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 125,967 sh | $23.7m | $0.1m | 1 |
Nutpods Holdings, Inc. 1 $0.1m $0.1m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 125 sh | $0.1m | $0.1m | 106 |
Sperry Parent Holdings, L.P. 1 $0.1m $0.1m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 1,088 sh | $0.1m | $0.1m | 114 |
Paladone Group Holdings Limited 1 $0.1m $0.1m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 70,183 sh | $0.1m | $0.1m | 127 |
Xanitos TopCo, LLC 1 $0.1m $0.1m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Membership Interests | N/A | — | 100,000 sh | $0.1m | $0.1m | 104 |
Space Parent, LP 2 $0.1m $0.1m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Preferred Equity - Preferred Equity | N/A | — | 99,000 sh | $0.1m | $0.1m | 98 |
| Common Equity - Common Stock | N/A | — | 1,000 sh | $0.0m | $0.0m | 100 |
Renew Financial LLC (f/k/a Renewable Funding, LLC) 1 $16.8m $0.1m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 1,368,286 sh | $16.8m | $0.1m | 1 |
Greylock Holdings LLC 1 $0.1m $0.1m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 100,000 sh | $0.1m | $0.1m | 90 |
Maxor Topco, L.P. 1 $0.1m $0.1m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Preferred Equity - Preferred Equity | N/A | — | 50,000 sh | $0.1m | $0.1m | 178 |
Mannkind Corporation 1 $0.0m $0.1m 0.0% — ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 34,226 sh | $0.0m | $0.1m | — |
PAI Co-Investor FT Aggregator LLC 1 $0.1m $0.1m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 100 sh | $0.1m | $0.1m | 83 |
BSP-TS, LP 2 $0.2m $0.1m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Preferred Equity - Preferred Equity | N/A | — | 30 sh | $0.0m | $0.1m | 236 |
| Common Equity - Common Stock | N/A | — | 185 sh | $0.2m | $0.0m | 5 |
1244311 B.C. Ltd. 1 $1.0m $0.1m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock affiliated | N/A | — | 1,000,032 sh | $1.0m | $0.1m | 6 |
Eagle Aggregator Ltd 2 $0.1m $0.1m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Preferred Equity - Preferred Equity | N/A | — | 36,288 sh | $0.0m | $0.0m | 98 |
| Common Equity - Common Stock | N/A | — | 741 sh | $0.0m | $0.0m | 300 |
SPS Commerce, Inc. 1 $0.1m $0.0m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 837 sh | $0.1m | $0.0m | 76 |
Trench Safety Solutions Holdings, LLC 2 $0.1m $0.0m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 331 sh | $0.1m | $0.0m | 70 |
| Preferred Equity - Preferred Equity | N/A | — | 40 sh | $0.0m | $0.0m | 200 |
Cool Acquisition Holdings, LP 1 $0.1m $0.0m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 137,931 sh | $0.1m | $0.0m | 24 |
GS SEER Group Holdings, LLC 1 $0.0m $0.0m 0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 42 sh | $0.0m | $0.0m | 76 |
Mitel Networks (International) Limited 1 $0.5m $0.0m 0.0% — ($0.1m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 98,860 sh | $0.5m | $0.0m | 6 |
JSM Equity Investors, L.P. 1 $0.0m $0.0m 0.0% — $0.0m
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Preferred Equity - Class P Partnership Units | N/A | — | 11 sh | $0.0m | $0.0m | 9 |
SK Neptune Husky Group Sarl (Luxembourg Investment Company 428 S.a r.l.) 1 $0.0m $0.0m 0.0% — —
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Term Loan non-accrual | 10.72 % | 2029-01-03 | $9.4m | $0.0m | $0.0m | 0 |
LendingPoint Consolidated, Inc. 2 $3.7m $0.0m 0.0% — ($2.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Preferred Equity - Preferred Equity | N/A | — | 10,710 sh | $2.9m | $0.0m | 0 |
| Common Equity - Common Stock | N/A | — | 1,106,939 sh | $0.8m | $0.0m | 0 |
IC Holdings LLC 1 $0.2m $0.0m 0.0% — —
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Series A Units | N/A | — | 169 sh | $0.2m | $0.0m | 0 |
Kauffman Holdco, LLC 1 $0.2m $0.0m 0.0% — —
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 250,000 sh | $0.2m | $0.0m | 0 |
Third Lane Mobility Inc. 2 $0.7m $0.0m 0.0% — —
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock affiliated | N/A | — | 5,012,171 sh | $0.7m | $0.0m | 0 |
| Warrants - Warrants affiliated | N/A | — | 970,252 sh | $0.0m | $0.0m | — |
TVG Orion Blocker, Inc. 2 $0.1m $0.0m 0.0% — —
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 2 sh | $0.1m | $0.0m | 0 |
| Unsecured Debt - Promissory Note | 11.34 % | 2030-07-11 | $0.0m | $0.0m | $0.0m | 0 |
Banner Parent Holdings, Inc. 1 $0.6m $0.0m 0.0% — —
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| Common Equity - Common Stock | N/A | — | 6,125 sh | $0.6m | $0.0m | 0 |
Riverbed Technology, Inc. 1 ($0.0m) ($0.0m) -0.0% — ($0.0m)
| Investment | Rate | Maturity | Par/Shares | Cost | Fair value | Mark |
|---|---|---|---|---|---|---|
| First Lien Secured Debt - Revolver | SOFR + 600 , 1.00 % Floor | 2028-04-03 | $0.0m | ($0.0m) | ($0.0m) | — |
Non-accrual
Positions the filing flags as non-accrual. Mark = fair value as % of cost — how deeply the book already carries the impairment.
By security type
| Positions | Cost | Fair value | Mark | |
|---|---|---|---|---|
| First Lien Secured Debt | 29 | $162.8m | $104.0m | 64 |
| Second Lien Secured Debt | 2 | $7.8m | $0.1m | 1 |
| Total | 31 | $170.5m | $104.0m | 61 |
By industry
| Positions | Cost | Fair value | Mark | |
|---|---|---|---|---|
| Health Care Providers & Services | 6 | $54.1m | $36.2m | 67 |
| Ground Transportation | 3 | $30.6m | $22.7m | 74 |
| Hotels, Restaurants & Leisure | 5 | $21.1m | $14.1m | 67 |
| Software | 5 | $22.0m | $13.3m | 61 |
| Trading Companies & Distributors | 3 | $15.4m | $8.6m | 56 |
| Electrical Equipment | 2 | $18.2m | $8.2m | 45 |
| Communications Equipment | 2 | $0.3m | $0.3m | 99 |
| Chemicals | 2 | $0.1m | $0.2m | 288 |
| Insurance | 1 | $1.0m | $0.1m | 11 |
| Health Care Technology | 1 | $0.1m | $0.1m | 56 |
| Interactive Media & Services | 1 | $7.7m | $0.0m | 0 |
| Total | 31 | $170.5m | $104.0m | 61 |
All non-accrual positions
| Position | Cost | Fair value |
|---|---|---|
| Midwest Vision Partners Management, LLCFirst Lien Secured Debt - Term Loan | $21.8m | $16.8m |
| Amplity Parent, Inc.First Lien Secured Debt - Term Loan | $25.9m | $15.9m |
| Blue Jay Transit Inc.First Lien Secured Debt - Term Loan | $20.4m | $13.5m |
| Kauffman Intermediate, LLCFirst Lien Secured Debt - Term Loan | $16.9m | $7.7m |
| Blue Jay Transit Inc.First Lien Secured Debt - Delayed Draw | $7.6m | $7.6m |
| Tasty Chick'n LLCFirst Lien Secured Debt - Term Loan | $11.3m | $7.5m |
| Banner Buyer, LLCFirst Lien Secured Debt - Term Loan | $11.9m | $7.1m |
| Colonnade Parent Inc (fka Naviga Inc.)First Lien Secured Debt - Term Loan | $10.7m | $5.8m |
| Simeio Group Holdings, Inc.First Lien Secured Debt - Term Loan | $8.1m | $5.7m |
| Munson Buffalo Restaurant Group LLCFirst Lien Secured Debt - Delayed Draw | $5.4m | $3.8m |
| Munson Buffalo Restaurant Group LLCFirst Lien Secured Debt - Term Loan | $3.4m | $2.6m |
| Banner Buyer, LLCFirst Lien Secured Debt - Delayed Draw | $2.9m | $1.7m |
| Blue Jay Transit Inc.First Lien Secured Debt - Term Loan | $2.6m | $1.7m |
| Ingenovis Health, Inc. (CCRR Parent Inc)First Lien Secured Debt - Term Loan | $3.3m | $1.4m |
| Colonnade Parent Inc (fka Naviga Inc.)First Lien Secured Debt - Delayed Draw | $1.8m | $1.0m |
| Midwest Vision Partners Management, LLCFirst Lien Secured Debt - Term Loan | $1.1m | $0.9m |
| Amplity Parent, Inc.First Lien Secured Debt - Revolver | $1.4m | $0.7m |
| Simeio Group Holdings, Inc.First Lien Secured Debt - Revolver | $0.9m | $0.6m |
| Kauffman Intermediate, LLCFirst Lien Secured Debt - Revolver | $1.2m | $0.6m |
| Midwest Vision Partners Management, LLCFirst Lien Secured Debt - Revolver | $0.6m | $0.5m |
| Sorenson Holdings, LLCFirst Lien Secured Debt - Term Loan | $0.3m | $0.3m |
| Heubach Holdings USA LLCFirst Lien Secured Debt - Term Loan | $0.1m | $0.2m |
| Colonnade Parent Inc (fka Naviga Inc.)First Lien Secured Debt - Revolver | $0.5m | $0.2m |
| Tasty Chick'n LLCFirst Lien Secured Debt - Delayed Draw | $0.3m | $0.2m |
| Tasty Chick'n LLCFirst Lien Secured Debt - Revolver | $0.8m | $0.2m |
| Norvax, LLC (dba GoHealth)First Lien Secured Debt - Revolver | $1.0m | $0.1m |
| Sorenson Holdings, LLCFirst Lien Secured Debt - Term Loan | $0.1m | $0.1m |
| Inovalon Holdings, Inc.Second Lien Secured Debt - Term Loan | $0.1m | $0.1m |
| SK Neptune Husky Group Sarl (Luxembourg Investment Company 428 S.a r.l.)First Lien Secured Debt - Term Loan | $0.0m | $0.0m |
| Aventiv Technologies, LLC (fka Securus Technologies Holdings, LLC)Second Lien Secured Debt - Term Loan | $7.7m | $0.0m |
| Banner Buyer, LLCFirst Lien Secured Debt - Revolver | $0.6m | ($0.2m) |
Mark movements — Q1 2026 vs Q4 2025
Positions matched across the two schedules inside this 10-Q (gate PF-008 reconciles the join). Largest fair-value declines and increases.
Write-downs
| Position | 12/31 FV | 3/31 FV | Δ |
|---|---|---|---|
| Merx Aviation Finance, LLCFirst Lien Secured Debt - Revolver | $18.6m | $0.0m | ($18.6m) |
| Athlete Buyer, LLCFirst Lien Secured Debt - Delayed Draw | $18.9m | $0.4m | ($18.5m) |
| Kauffman Intermediate, LLCFirst Lien Secured Debt - Term Loan | $10.8m | $0.3m | ($10.5m) |
| WC ORS Buyer, Inc.First Lien Secured Debt - Term Loan | $19.7m | $9.3m | ($10.4m) |
| Smith Topco, Inc.First Lien Secured Debt - Term Loan | $10.9m | $1.5m | ($9.4m) |
| ChyronHego CorporationPreferred Equity - Preferred Equity | $13.0m | $6.8m | ($6.2m) |
| KL Charlie Acquisition CompanyFirst Lien Secured Debt - Term Loan | $17.9m | $12.7m | ($5.2m) |
| EmpiRx Health LLCFirst Lien Secured Debt - Term Loan | $13.6m | $8.6m | ($5.0m) |
| Midwest Vision Partners Management, LLCFirst Lien Secured Debt - Term Loan | $21.4m | $16.8m | ($4.6m) |
| Wolfspeed IncFirst Lien Secured Debt - Corporate Bond | $8.5m | $4.8m | ($3.7m) |
| Blue Jay Transit Inc.First Lien Secured Debt - Term Loan | $17.2m | $13.5m | ($3.7m) |
| Merx Aviation Finance, LLCCommon Equity - Membership Interests | $84.2m | $80.7m | ($3.5m) |
| WH BorrowerCo, LLCFirst Lien Secured Debt - Term Loan | $14.0m | $10.8m | ($3.2m) |
| KL Charlie Acquisition CompanyFirst Lien Secured Debt - Delayed Draw | $11.5m | $9.1m | ($2.4m) |
| HRO (Hero Digital) Holdings, LLCFirst Lien Secured Debt - Term Loan | $26.1m | $23.7m | ($2.4m) |
| Carbonfree Chemicals Holdings LLCCommon Equity - Common Equity / Interest | $18.3m | $16.2m | ($2.2m) |
| Tasty Chick'n LLCFirst Lien Secured Debt - Term Loan | $9.4m | $7.5m | ($1.9m) |
| Rigel Pharmaceuticals, Inc.First Lien Secured Debt - Delayed Draw | $13.1m | $11.2m | ($1.9m) |
| Congruex Group LLCFirst Lien Secured Debt - Term Loan | $12.6m | $10.9m | ($1.7m) |
| Banner Buyer, LLCFirst Lien Secured Debt - Term Loan | $8.8m | $7.1m | ($1.7m) |
Write-ups
| Position | 12/31 FV | 3/31 FV | Δ |
|---|---|---|---|
| Athlete Buyer, LLCFirst Lien Secured Debt - Delayed Draw | $0.9m | $19.1m | $18.3m |
| Pai Middle Tier, LLCFirst Lien Secured Debt - Term Loan | $16.2m | $25.6m | $9.4m |
| Blue Jay Transit Inc.First Lien Secured Debt - Delayed Draw | $0.0m | $7.6m | $7.5m |
| Space Finco, Inc.First Lien Secured Debt - Delayed Draw | ($0.2m) | $6.7m | $6.9m |
| Go Car Wash Management, Corp.First Lien Secured Debt - Delayed Draw | $3.1m | $9.0m | $5.9m |
| Genius Bidco LLCFirst Lien Secured Debt - Delayed Draw | ($0.1m) | $4.8m | $4.9m |
| LendingPoint 2018-1 Funding TrustFirst Lien Secured Debt - Revolver | $5.2m | $8.8m | $3.7m |
| Pace Health Companies, LLCFirst Lien Secured Debt - Delayed Draw | ($0.0m) | $3.3m | $3.3m |
| BusPatrol HoldcoFirst Lien Secured Debt - Delayed Draw | $3.2m | $6.6m | $3.3m |
| HRO (Hero Digital) Holdings, LLCFirst Lien Secured Debt - Term Loan | $0.1m | $2.0m | $1.9m |
| Cool Buyer, Inc.First Lien Secured Debt - Revolver | $1.7m | $3.5m | $1.8m |
| Pavement Preservation Acquisition, LLCFirst Lien Secured Debt - Term Loan | $8.8m | $10.5m | $1.7m |
| SEV Intermediate Holdco, LLCFirst Lien Secured Debt - Delayed Draw | $0.9m | $2.3m | $1.3m |
| Rarebreed Veterinary Partners, Inc.First Lien Secured Debt - Delayed Draw | $16.7m | $18.0m | $1.3m |
| Tasty Chick'n LLCFirst Lien Secured Debt - Delayed Draw | ($0.9m) | $0.2m | $1.0m |
| Excelligence Learning CorporationFirst Lien Secured Debt - Revolver | $0.3m | $1.3m | $1.0m |
| R.F. Fager Company, LLCFirst Lien Secured Debt - Delayed Draw | $0.6m | $1.5m | $0.9m |
| THLP CO., LLCFirst Lien Secured Debt - Revolver | $2.2m | $3.1m | $0.9m |
| Pro-Vigil Holding Company, LLCFirst Lien Secured Debt - Delayed Draw | $21.4m | $22.3m | $0.9m |
| LendingPoint 2018-1 Funding TrustFirst Lien Secured Debt - Delayed Draw | $4.9m | $5.8m | $0.9m |
New this quarter (17)
| Position | Cost | Fair value |
|---|---|---|
| ePac Holdings LLCFirst Lien Secured Debt - Term Loan | $9.6m | $9.6m |
| Smith Topco, Inc.First Lien Secured Debt - Term Loan | $9.4m | $9.4m |
| Kauffman Intermediate, LLCFirst Lien Secured Debt - Term Loan | $16.9m | $7.7m |
| Tyber Medical LLCFirst Lien Secured Debt - Term Loan | $6.0m | $5.9m |
| EmpiRx Health LLCFirst Lien Secured Debt - Term Loan | $4.9m | $5.0m |
| Angel Lux Bidco S.a.r.l.First Lien Secured Debt - Term Loan | $5.0m | $5.0m |
| Metz Culinary Management, LLCFirst Lien Secured Debt - Term Loan | $4.1m | $4.1m |
| ePac Holdings LLCFirst Lien Secured Debt - Term Loan | $2.7m | $2.7m |
| D&D Buyer, LLCFirst Lien Secured Debt - Term Loan | $2.5m | $2.4m |
| Tyber Medical LLCFirst Lien Secured Debt - Term Loan | $1.3m | $1.3m |
| Eldrickco LimitedFirst Lien Secured Debt - Revolver | $0.4m | $0.5m |
| Tyber Medical LLCFirst Lien Secured Debt - Revolver | $0.4m | $0.4m |
| Tyber Medical LLCFirst Lien Secured Debt - Revolver | $0.2m | $0.2m |
| Eldrickco LimitedFirst Lien Secured Debt - Revolver | ($0.0m) | ($0.0m) |
| Metz Culinary Management, LLCFirst Lien Secured Debt - Delayed Draw | ($0.0m) | ($0.0m) |
| Tyber Medical LLCFirst Lien Secured Debt - Delayed Draw | ($0.0m) | ($0.0m) |
| ePac Holdings LLCFirst Lien Secured Debt - Revolver | ($0.0m) | ($0.0m) |
Exited (40)
| Position | Cost | Fair value |
|---|---|---|
| Acronis AGFirst Lien Secured Debt - Term Loan | $27.4m | $27.5m |
| Turbo Buyer, Inc.First Lien Secured Debt - Term Loan | $18.5m | $18.5m |
| OmniMax International, LLCFirst Lien Secured Debt - Term Loan | $16.8m | $16.7m |
| TerSera Therapeutics LLCFirst Lien Secured Debt - Term Loan | $16.2m | $16.6m |
| GAT-Airline Ground Support IncFirst Lien Secured Debt - Term Loan | $14.8m | $15.0m |
| Alpinex Opco, LLCFirst Lien Secured Debt - Term Loan | $14.6m | $14.8m |
| WildBrain Ltd.First Lien Secured Debt - Term Loan | $13.0m | $13.0m |
| Roscoe Medical, IncFirst Lien Secured Debt - Term Loan | $6.8m | $7.0m |
| Titan Luxco I SARLFirst Lien Secured Debt - Term Loan | $6.0m | $6.0m |
| Go Car Wash Management Corp.First Lien Secured Debt - Delayed Draw | $6.0m | $6.0m |
| OmniMax International, LLCFirst Lien Secured Debt - Delayed Draw | $4.6m | $4.6m |
| Alpinex Opco, LLCFirst Lien Secured Debt - Delayed Draw | $3.7m | $3.7m |
| GAT-Airline Ground Support IncFirst Lien Secured Debt - Delayed Draw | $3.4m | $3.5m |
| Pace Health Companies, LLCFirst Lien Secured Debt - Delayed Draw | $3.4m | $3.4m |
| Apiom, Inc.First Lien Secured Debt - Term Loan | $2.5m | $2.5m |
| D&D Buyer, LLCFirst Lien Secured Debt - Delayed Draw | $2.4m | $2.4m |
| Purchasing Power Funding I, LLCFirst Lien Secured Debt - Revolver | $2.1m | $2.1m |
| Premier Imaging, LLCFirst Lien Secured Debt - Delayed Draw | $1.9m | $1.7m |
| Titan Luxco I SARLFirst Lien Secured Debt - Term Loan | $1.4m | $1.4m |
| W.R. Grace Holdings LLCFirst Lien Secured Debt - Corporate Bond | $1.3m | $1.3m |