BDC·info
CION

CION Investment

Period
SEC EDGAR ↗
Portfolio Fair Value
$1.96B
235 holdings
Avg Spread
+7.27%
FV-weighted, debt
Avg Coupon
9.50%
FV-weighted
% First Lien
80.0%
of debt FV
Unrealized P/L
-$20.26M
-1.02% of cost
Non-Accrual
11
text-detected

Balance sheet

Assets$2.00B
Liabilities + Equity$2.00B
First Lien
$1.56B · 78.1%
Equity
$230.16M · 11.5%
Debt (Borrowings)
$1.08B · 54.0%
Net Assets (Equity)
$879.56M · 43.9%

Industry Composition

Services: Business
14.4%
Healthcare & Pharmaceuticals
12.2%
Media: Diversified & Production
6.9%
Retail
6.9%
Media: Advertising, Printing & Publishing
6.0%
Unclassified
5.9%
Services: Consumer
5.5%
Energy: Oil & Gas
5.4%
Construction & Building
5.4%
Diversified Financials
4.4%
Chemicals, Plastics & Rubber
4.2%
Beverage, Food & Tobacco
3.5%
Other industries
19.4%

Fair Value History

Q2 '23
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
Q1 '25
Q2 '25
Q3 '25
Q4 '25

Spread Distribution

0.5%
 
3.5%
 
4.5%
 
5.5%
6.0%
6.5%
 
7.5%
 
8.5%
 
9.5%
 
10.5%
 
12.0%
 
15.5%
Schedule of Investments

All holdings

All holdings
Sortable, click headers to re-sort
235 of 264
IssuerIndustryType
Fair Value
Cost
Unrealized
Coupon
Spread
Maturity
First American Treasury Obligations Fund, Class Z Shares, Short Term Investments
Senior Secured Second Lien Debt
$113.45M
$113.45M
$0.00
5.24%
CION/EagleTree Partners, LLC.
Diversified Financials
Senior Secured First Lien Debt, 12/21/2026 Maturity
$59.60M
$59.60M
$0.00
14.00%
2026-12-21
David's Bridal Holdings, LLC
Retail
Common Units, Equity
$41.42M
$23.13M
$18.29M
Anthem Sports & Entertainment Inc.
Media: Diversified & Production
Senior Secured First Lien Debt, 11/15/2026 Maturity #1
$38.03M
$40.11M
-$2.08M
+9.50%
2026-11-15
Coyote Buyer, LLC.
Chemicals, Plastics & Rubber
Senior Secured First Lien Debt, 2/6/2025 Maturity #1
$33.69M
$33.57M
$119.0K
+6.00%
2026-02-06
Entertainment Studios P&A LLC.
Media: Diversified & Production
Senior Secured First Lien Debt, 9/28/2027 Maturity
$32.19M
$32.11M
$78.0K
+9.00%
2027-09-28
Instant Web, LLC.
Media: Advertising, Printing & Publishing
Senior Secured First Lien Debt, 2/25/2027 Maturity #1
$28.55M
$44.97M
-$16.41M
+7.00%
2027-02-25
LAV Gear Holdings, Inc.
Services: Business
Senior Secured First Lien Debt, 10/31/2024 Maturity #1
$27.38M
$27.48M
-$101.0K
+6.28%
2024-10-31
JP Intermediate B, LLC.
Beverage, Food & Tobacco
Senior Secured First Lien Debt, 8/21/2027 Maturity
$27.16M
$18.53M
$8.63M
+5.50%
2027-08-21
Nova Compression, LLC.
Energy: Oil & Gas
Senior Secured First Lien Debt, 10/13/2027 Maturity
$27.00M
$27.00M
$0.00
+10.50%
2027-10-13
Service Compression, LLC.
Energy: Oil & Gas
Senior Secured First Lien Debt, 5/6/2027 Maturity #1
$25.55M
$23.15M
$2.40M
+10.00%
2027-05-06
SRA Holdings, LLC
Banking, Finance, Insurance & Real Estate
Membership Units, Equity
$25.52M
$23.61M
$1.90M
Usalco, LLC.
Chemicals, Plastics & Rubber
Senior Secured First Lien Debt, 10/19/2027 Maturity
$25.43M
$25.24M
$192.0K
+6.00%
2027-10-19
CION/EagleTree Partners, LLC
Diversified Financials
Participating Preferred Shares Equity
$25.04M
$22.07M
$2.97M
NTM Acquisition Corp.
Hotel, Gaming & Leisure
Senior Secured First Lien Debt, 6/18/2026 Maturity
$25.00M
$25.00M
$0.00
+6.75%
2026-06-18
Hilliard, Martinez & Gonzales, LLP.
Services: Consumer
Senior Secured First Lien Debt, 9/16/2024 Maturity
$24.84M
$25.03M
-$186.0K
+12.00%
2024-09-16
Wok Holdings Inc.
Beverage, Food & Tobacco
Senior Secured First Lien Debt, 3/1/2026 Maturity
$24.67M
$24.29M
$382.0K
+6.25%
2026-03-01
Pentec Acquisition Corp.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 10/8/2026 Maturity
$24.50M
$24.35M
$149.0K
+6.00%
2026-10-08
Flatworld Intermediate Corp.
Services: Business
Senior Secured First Lien Debt, 10/3/2027 Maturity #1
$23.21M
$23.21M
$0.00
+7.00%
2027-10-03
Lift Brands, Inc.
Services: Consumer
Senior Secured First Lien Debt, 6/29/2025 Maturity #1
$23.05M
$23.05M
-$1.0K
+7.50%
2025-06-29
Cennox, Inc.
Services: Business
Senior Secured First Lien Debt, 5/4/2026 Maturity #1
$22.39M
$22.42M
-$27.0K
+6.25%
2026-05-04
David's Bridal, LLC.
Retail
Senior Secured First Lien Debt, 12/21/2027 Maturity #2
$22.05M
$22.05M
$0.00
+6.50%
2027-12-21
Moss Holding Company., Senior Secured First Lien Debt, 4/17/2024 Maturity,
Services: Business
Senior Secured First Lien Debt #1
$21.90M
$22.04M
-$134.0K
+6.25%
2024-04-17
Longview Intermediate Holdings C, LLC
Energy: Oil & Gas
Membership Units., Equity
$21.73M
$2.70M
$19.02M
Mimeo.com, Inc.
Media: Advertising, Printing & Publishing
Senior Secured First Lien Debt, 12/21/2024 Maturity #1
$21.64M
$21.64M
$0.00
+6.40%
2024-12-21
Carestream Health Holdings Inc.
Healthcare & Pharmaceuticals
Common Stock, Equity
$21.39M
$21.76M
-$372.0K
Yak Access, LLC.
Construction & Building
Senior Secured First Lien Debt, 3/10/2028 Maturity
$20.62M
$18.77M
$1.85M
+6.40%
2028-03-10
Thrill Holdings LLC.
Media: Diversified & Production
Senior Secured First Lien Debt, 5/27/2027 Maturity #1
$20.00M
$20.03M
-$29.0K
+6.50%
2027-05-27
PRA Acquisition, LLC, 5/12/2028 Maturity
Hotel, Gaming & Leisure
Senior Secured First Lien Debt
$19.75M
$19.90M
-$149.0K
+6.50%
2028-05-12
BDS Solutions Intermediateco, LLC
Services: Business
Senior Secured First Lien Debt, 2/7/2027 Maturity #1
$19.39M
$19.63M
-$235.0K
+7.00%
2027-02-07
FuseFX, LLC.
Media: Diversified & Production
Senior Secured First Lien Debt, 9/30/2026 Maturity
$19.11M
$19.64M
-$528.0K
+6.00%
2026-09-30
Playboy Enterprises, Inc.
Consumer Goods: Non-Durable
Senior Secured First Lien Debt, 5/25/2027 Maturity
$18.93M
$19.37M
-$446.0K
+4.25%
2027-05-25
Future Pak, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 9/22/2026 Maturity
$18.81M
$18.81M
$0.00
+9.00%
2026-09-22
Klein Hersh, LLC.
Services: Business
Senior Secured First Lien Debt, 4/27/2027 Maturity
$18.80M
$21.92M
-$3.12M
+13.13%
2027-04-27
Avison Young (USA) Inc.
Banking, Finance, Insurance & Real Estate
Senior Secured First Lien Debt, 1/31/2026 Maturity
$18.60M
$13.30M
$5.30M
+6.50%
2026-01-31
ICA Foam Holdings, LLC.
Containers, Packaging & Glass
Senior Secured First Lien Debt, 11/5/2025 Maturity
$18.48M
$18.83M
-$349.0K
+7.25%
2025-11-05
MacNeill Pride Group Corp.
Services: Consumer
Senior Secured First Lien Debt, 4/22/2026 Maturity #1
$16.97M
$16.99M
-$21.0K
+6.25%
2026-04-22
David's Bridal, LLC.
Retail
Senior Secured First Lien Debt, 12/21/2027 Maturity #1
$16.69M
$17.03M
-$340.0K
+6.00%
2027-12-21
Cabi, LLC
Retail
Senior Secured First Lien Debt, 2/28/2027 Maturity
$16.39M
$16.30M
$94.0K
+4.50%
2027-02-28
American Health Staffing Group, Inc.
Services: Business
Senior Secured First Lien Debt, 11/19/2026 Maturity #1
$16.38M
$16.27M
$104.0K
+5.00%
2026-11-19
Hollander Intermediate LLC.
Consumer Goods: Durable
Senior Secured First Lien Debt, 9/19/2026 Maturity
$16.33M
$16.39M
-$65.0K
+8.75%
2026-09-19
INW Manufacturing, LLC.
Services: Business
Senior Secured First Lien Debt, 3/25/2027 Maturity
$16.29M
$17.42M
-$1.13M
+5.75%
2027-03-25
Celerity Acquisition Holdings, LLC
Services: Business
Senior Secured First Lien Debt, 5/28/2026 Maturity
$16.12M
$16.10M
$22.0K
+10.00%
2026-05-28
ALM Media, LLC
Media: Advertising, Printing & Publishing
Senior Secured First Lien Debt, 11/25/2024 Maturity
$16.00M
$15.93M
$66.0K
+6.00%
2024-11-25
Inotiv, Inc.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 11/5/2026 Maturity
$15.77M
$16.15M
-$376.0K
+6.75%
2026-11-05
HW Acquisition, LLC.
Capital Equipment
Senior Secured First Lien Debt, 9/28/2026 Maturity #1
$15.66M
$18.66M
-$3.01M
+5.00%
2026-09-28
Gold Medal Holdings, Inc.
Environmental Industries
Senior Secured First Lien Debt, 3/17/2027 Maturity
$15.34M
$15.22M
$116.0K
+7.00%
2027-03-17
Optio Rx, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 6/28/2028 Maturity #1
$15.31M
$15.35M
-$45.0K
+9.00%
2024-06-28
Trammell, P.C.
Services: Consumer
Senior Secured First Lien Debt, 4/28/2026 Maturity
$15.21M
$15.21M
$0.00
+15.50%
2026-04-28
Stengel Hill Architecture, LLC
Construction & Building
Senior Secured First Lien Debt, 8/16/2028 Maturity
$15.00M
$15.00M
$0.00
+6.50%
2028-08-16
Rogers Mechanical Contractors, LLC.
Construction & Building
Senior Secured First Lien Debt, 9/9/2025 Maturity #1
$14.91M
$14.93M
-$19.0K
+7.00%
2025-09-09
WorkGenius, Inc.
Services: Business
Senior Secured First Lien Debt, 6/7/2027 Maturity #1
$14.82M
$14.82M
$0.00
+7.50%
2027-06-07
Trademark Global, LLC.
Consumer Goods: Non-Durable
Senior Secured First Lien Debt, 7/30/2024 Maturity
$14.35M
$15.72M
-$1.37M
+7.50%
2024-07-30
Sleep Opco, LLC.
Retail
Senior Secured First Lien Debt, 10/12/2026 Maturity #1
$13.63M
$13.47M
$166.0K
+6.50%
2026-10-12
Invincible Boat Company LLC.
Consumer Goods: Durable
Senior Secured First Lien Debt, 8/28/2025 Maturity #1
$13.47M
$13.41M
$60.0K
+6.50%
2025-08-28
Fluid Control II Inc.
Chemicals, Plastics & Rubber
Senior Secured First Lien Debt 8/3/2029 Maturity #1
$13.23M
$13.23M
$0.00
+6.50%
2029-08-03
Berlitz Holdings, Inc.
Services: Business
Senior Secured First Lien Debt, 2/14/2025 Maturity
$13.10M
$13.34M
-$244.0K
+9.00%
2025-02-14
Bradshaw International Parent Corp.
Consumer Goods: Durable
Senior Secured First Lien Debt, 10/21/2027 Maturity
$12.88M
$12.66M
$215.0K
+5.75%
2027-10-21
R. R. Donnelley & Sons Company , 3/22/2028 Maturity
Media: Advertising, Printing & Publishing
Senior Secured First Lien Debt
$12.85M
$12.79M
$60.0K
+7.25%
2028-03-22
H.W. Lochner, Inc.
Construction & Building
Senior Secured First Lien Debt, 7/2/2027 Maturity #1
$12.80M
$12.53M
$273.0K
+6.75%
2027-07-02
Critical Nurse Staffing, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 11/1/2026 Maturity #1
$12.80M
$12.80M
$0.00
+6.50%
2026-11-01
David's Bridal Holdings, LLC
Retail
Preferred Units, Equity
$12.49M
$10.82M
$1.67M
NewsCycle Solutions, Inc.
Media: Advertising, Printing & Publishing
Senior Secured First Lien Debt, 2/27/2024 Maturity
$12.32M
$12.32M
$0.00
+7.00%
2024-02-27
URS Topco, LLC
Transportation: Cargo
Common Equity
$12.20M
$9.67M
$2.53M
Tactical Air Support, Inc.
Aerospace & Defense
Senior Secured First Lien Debt, 12/22/2028 Maturity
$12.00M
$12.00M
$0.00
+8.50%
2028-12-22
IPP Buyer Holdings, LLC.
Retail
Equity
$11.91M
$10.74M
$1.17M
OpCo Borrower, LLC.
Healthcare & Pharmaceuticals
Senior Secured Second Lien Debt, 2/19/2028 Maturity
$11.81M
$11.79M
$18.0K
12.50%
2028-02-19
Community Tree Service, LLC.
Construction & Building
Senior Secured First Lien Debt, 6/17/2027 Maturity
$11.60M
$11.57M
$29.0K
+8.50%
2027-06-17
Cennox, Inc.
Services: Business
Senior Secured First Lien Debt, 5/4/2026 Maturity #2
$11.54M
$11.55M
-$11.0K
+6.25%
2026-05-04
AMCP Clean Acquisition Company, LLC
Services: Business
Senior Secured First Lien Debt, 6/15/2025 Maturity
$11.44M
$11.40M
$36.0K
+4.25%
2025-06-15
Carestream Health, Inc.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 9/30/2027 Maturity
$11.42M
$10.46M
$966.0K
+7.50%
2027-09-30
Global Tel*Link Corp.
Telecommunications
Senior Secured Second Lien Debt, 11/29/2026 Maturity
$11.41M
$11.40M
$13.0K
+10.00%
2026-11-29
LGC US Finco, LLC.
Capital Equipment
Senior Secured First Lien Debt, 12/20/2025 Maturity
$11.23M
$11.05M
$173.0K
+6.50%
2025-12-20
Adapt Laser Acquisition, Inc.
Capital Equipment
Senior Secured First Lien Debt, 12/31/2025 Maturity #1
$11.13M
$10.86M
$271.0K
+10.00%
2025-12-31
Manus Bio Inc.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 8/20/2026 Maturity
$11.09M
$11.04M
$51.0K
13.00%
2026-08-20
Ancile Solutions, Inc.
High Tech Industries
Senior Secured First Lien Debt, 6/11/2026 Maturity
$11.08M
$11.01M
$72.0K
+10.00%
2026-06-11
RA Outdoors, LLC.
Media: Diversified & Production
Senior Secured First Lien Debt, 4/8/2026 Maturity #2
$10.98M
$10.98M
$0.00
+6.75%
2026-04-08
OpCo Borrower, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 8/19/2027 Maturity #1
$10.94M
$10.73M
$200.0K
+6.50%
2027-08-19
STATinMED, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 7/1/2027 Maturity
$10.36M
$10.68M
-$320.0K
+9.50%
2027-07-01
Dermcare Management, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 4/22/2028 Maturity #1
$9.26M
$9.11M
$151.0K
+6.00%
2028-04-22
RumbleOn, Inc.
Automotive
Senior Secured First Lien Debt, 8/31/2026 Maturity #1
$9.24M
$9.09M
$150.0K
+8.75%
2026-08-31
PH Beauty Holdings III. Inc.
Consumer Goods: Non-Durable
Senior Secured First Lien Debt, 9/28/2025 Maturity
$9.11M
$9.23M
-$119.0K
+5.00%
2025-09-28
Appalachian Resource Company, LLC
Metals & Mining
Senior Secured First Lien Debt, 9/30/2024 Maturity
$8.96M
$11.12M
-$2.17M
+5.00%
2024-09-30
Retail Services WIS Corp.
Services: Business
Senior Secured First Lien Debt, 5/20/2025 Maturity
$8.96M
$8.93M
$30.0K
+8.35%
2025-05-20
Homer City Generation, L.P.
Energy: Oil & Gas
Senior Secured First Lien Debt, 4/16/2024 Maturity #1
$8.89M
$12.02M
-$3.13M
15.00%
2024-04-16
Harland Clarke Holdings Corp.
Media: Advertising, Printing & Publishing
Senior Secured First Lien Debt, 6/16/2026 Maturity
$8.89M
$9.24M
-$353.0K
+7.75%
2026-06-16
H.W. Lochner, Inc.
Construction & Building
Senior Secured First Lien Debt, 7/2/2027 Maturity #2
$8.76M
$8.70M
$56.0K
+6.25%
2027-07-02
WPLM Acquisition Corp.
Media: Advertising, Printing & Publishing
Unsecured Debt, 11/24/2025 Maturity
$8.74M
$8.83M
-$94.0K
15.00%
2025-11-24
ESP Associates, Inc.
Construction & Building
Senior Secured First Lien Debt, 7/24/2028 Maturity #1
$8.60M
$8.52M
$79.0K
+6.50%
2028-07-24
Spinal USA, Inc.
Healthcare & Pharmaceuticals
/ Precision Medical Inc., Senior Secured First Lien Debt, 11/29/2024 Maturity #1
$8.58M
$15.40M
-$6.82M
+9.50%
2024-11-29
Isagenix International, LLC.
Beverage, Food & Tobacco
Senior Secured First Lien Debt, 4/14/2028 Maturity
$8.52M
$8.58M
-$65.0K
+5.50%
2028-04-14
Allen Media, LLC
Media: Diversified & Production
Senior Secured First Lien Debt, 2/10/2027 Maturity
$8.49M
$8.72M
-$231.0K
+5.50%
2027-02-10
Isagenix Worldwide, Inc.
Beverage, Food & Tobacco
Equity
$8.40M
$8.99M
-$583.0K
HUMC Holdco, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 11/4/2023 Maturity
$7.78M
$7.78M
$0.00
8.00%
2023-11-04
Reorganized Heritage TopCo, LLC
Energy: Oil & Gas
Common Stock
$7.74M
$7.22M
$512.0K
Service Compression, LLC.
Energy: Oil & Gas
Senior Secured First Lien Debt, 5/6/2027 Maturity #2
$7.67M
$6.95M
$721.0K
+10.00%
2027-05-06
Sequoia Healthcare Management, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 11/4/2023 Maturity
$7.29M
$8.54M
-$1.25M
12.75%
2023-11-04
Ironhorse Purchaser, LLC.
Services: Business
Senior Secured First Lien Debt, 9/30/2027 Maturity #1
$7.05M
$7.00M
$59.0K
+6.50%
2027-09-30
Project Castle, Inc.
Capital Equipment
Senior Secured First Lien Debt, 6/1/2029 Maturity
$7.04M
$7.19M
-$144.0K
+5.50%
2029-06-01
Avalign Holdings, Inc.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 12/22/2025 Maturity
$6.27M
$6.32M
-$50.0K
+4.50%
2025-12-22
MacNeill Pride Group Corp.
Services: Consumer
Senior Secured First Lien Debt, 4/22/2026 Maturity #2
$6.26M
$6.26M
$2.0K
+6.25%
2026-04-22
Lift Brands, Inc.
Services: Consumer
Senior Secured First Lien Debt, 6/29/2025 Maturity #3
$6.26M
$6.67M
-$412.0K
9.50%
2025-06-29
American Clinical Solutions LLC
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 6/30/2025 Maturity
$6.11M
$6.32M
-$214.0K
+7.00%
2025-06-30
Coyote Buyer, LLC.
Chemicals, Plastics & Rubber
Senior Secured First Lien Debt, 8/6/2026 Maturity
$6.06M
$6.00M
$66.0K
+8.00%
2026-08-06
K&N Holdco, LLC
Consumer Goods: Durable
Membership Units, Equity
$6.06M
$8.36M
-$2.29M
Lift Brands, Inc.
Services: Consumer
Senior Secured First Lien Debt, 6/29/2025 Maturity #2
$5.81M
$6.01M
-$199.0K
9.50%
2025-06-29
TMK Hawk Parent, Corp.
Services: Business
Senior Secured First Lien Debt, 8/28/2024 Maturity #1
$5.36M
$6.00M
-$638.0K
+3.50%
2024-08-28
K&N Parent, Inc.
Consumer Goods: Durable
Senior Secured First Lien Debt, 8/16/2027 Maturity
$5.24M
$5.44M
-$197.0K
+8.25%
2027-08-16
Appalachian Resource Company, LLC
Metals & Mining
Senior Secured First Lien Debt, 9/15/2024 Maturity
$5.00M
$5.00M
$0.00
+5.00%
2024-09-15
Atlas Supply LLC
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 4/29/2025 Maturity
$4.94M
$5.00M
-$62.0K
11.00%
2025-04-29
Medplast Holdings, Inc.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 7/2/2025 Maturity
$4.91M
$4.80M
$113.0K
+3.75%
2025-07-02
Snap Fitness Holdings, Inc.
Services: Consumer
Class A Common Stock., Equity
$4.65M
$3.08M
$1.57M
Afore Insurance Services, LLC.
Banking, Finance, Insurance & Real Estate
Senior Secured First Lien Debt, 3/24/2025 Maturity
$4.58M
$4.58M
$0.00
+6.00%
2025-03-24
LAV Gear Holdings, Inc.
Services: Business
Senior Secured First Lien Debt, 10/31/2024 Maturity #2
$4.49M
$4.51M
-$22.0K
+6.28%
2024-10-31
K&N Parent, Inc.
Consumer Goods: Durable
Senior Secured First Lien Debt, 2/16/2027 Maturity
$4.38M
$4.10M
$282.0K
+8.00%
2027-02-16
Dermcare Management, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 4/22/2028 Maturity #2
$4.20M
$4.13M
$70.0K
+6.00%
2028-04-22
Lucky Bucks Holdings LLC.
Hotel, Gaming & Leisure
Unsecured Debt, 5/26/2028 Maturity
$4.13M
$22.86M
-$18.73M
12.50%
2028-05-26
NS NWN Acquisition, LLC
High Tech Industries
Class A Preferred Units., Equity
$4.05M
$110.0K
$3.94M
Yak Holding II, LLC
Construction & Building
Series A Preferred Units, Equity
$4.00M
$2.00M
$2.00M
Xenon Arc, Inc.
High Tech Industries
Senior Secured First Lien Debt, 12/17/2027 Maturity
$3.88M
$3.84M
$32.0K
+5.75%
2027-12-17
Securus Technologies Holdings, Inc.
Telecommunications
Senior Secured First Lien Debt, 11/1/2024 Maturity
$3.62M
$3.63M
-$4.0K
+4.89%
2024-11-01
WorkGenius, Inc.
Services: Business
Senior Secured First Lien Debt, 6/7/2027 Maturity #3
$3.50M
$3.50M
$0.00
+7.50%
2027-06-07
Anthem Sports & Entertainment Inc.
Media: Diversified & Production
Senior Secured First Lien Debt, 11/15/2026 Maturity #2
$3.08M
$3.26M
-$180.0K
+9.50%
2026-11-15
Cennox, Inc.
Services: Business
Senior Secured First Lien Debt, 5/4/2026 Maturity #4
$2.98M
$2.99M
-$4.0K
2026-05-04
Instant Web, LLC.
Media: Advertising, Printing & Publishing
Senior Secured First Lien Debt, 2/25/2027 Maturity #2
$2.83M
$2.91M
-$76.0K
+6.50%
2027-02-25
RumbleOn, Inc.
Automotive
Senior Secured First Lien Debt, 8/31/2026 Maturity #2
$2.79M
$2.86M
-$70.0K
+8.75%
2026-08-31
Palmetto Clean Technology, Inc.
High Tech Industries
Warrants., Equity
$2.77M
$471.0K
$2.30M
Mimeo.com, Inc.
Media: Advertising, Printing & Publishing
Senior Secured First Lien Debt, 12/21/2024 Maturity #2
$2.76M
$2.76M
$0.00
+6.40%
2024-12-21
New Giving Acquisition, Inc.
Healthcare & Pharmaceuticals
Warrants, Equity, 8/19/2029 Maturity
$2.69M
$633.0K
$2.05M
2029-08-19
AMCP Clean Acquisition Company, LLC
Services: Business
Senior Secured First Lien Debt, 6/15/2025 Maturity #1
$2.68M
$2.68M
$8.0K
+4.25%
2025-06-15
AHF Parent Holding, Inc.
Construction & Building
Senior Secured First Lien Debt, 2/1/2028 Maturity
$2.66M
$2.70M
-$35.0K
+6.25%
2028-02-01
Emerald Technologies (U.S.) Acquisitionco, Inc.
Services: Business
Senior Secured First Lien Debt, 12/29/2027 Maturity
$2.61M
$2.83M
-$215.0K
+6.25%
2027-12-29
Securus Technologies Holdings, Inc.
Telecommunications
Senior Secured Second Lien Debt, 11/1/2025 Maturity
$2.59M
$2.99M
-$399.0K
+8.91%
2025-11-01
Optio Rx, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 6/28/2028 Maturity #2
$2.50M
$2.48M
$27.0K
+12.00%
2024-06-28
HW Acquisition, LLC.
Capital Equipment
Senior Secured First Lien Debt, 9/28/2026 Maturity #2
$2.44M
$2.91M
-$472.0K
+5.00%
2026-09-28
Hudson Hospital Opco, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 11/4/2023 Maturity
$2.14M
$2.18M
-$39.0K
+8.00%
2023-11-04
Robert C. Hilliard, L.L.P.
Services: Consumer
Senior Secured First Lien Debt, 12/17/2023 Maturity
$2.13M
$2.15M
-$19.0K
+12.00%
2024-09-16
Adapt Laser Acquisition, Inc.
Capital Equipment
Senior Secured First Lien Debt, 12/31/2025 Maturity #2
$2.08M
$2.10M
-$19.0K
+10.00%
2025-12-31
Ironhorse Purchaser, LLC.
Services: Business
Senior Secured First Lien Debt, 9/30/2027 Maturity #2
$2.02M
$2.00M
$15.0K
+6.50%
2027-09-30
Macquarie Capital Funding LLC
Hotel, Gaming & Leisure
Senior Secured Second Lien Debt
$2.02M
$4.20M
-$2.18M
STATinMed Parent, LLC
Healthcare & Pharmaceuticals
Class A Preferred Units, Equity
$2.02M
$6.18M
-$4.16M
Yak Holding II, LLC
Construction & Building
Series B-1 Preferred Units, Equity
$1.99M
$1.97M
$20.0K
GSC Technologies Inc.
Chemicals, Plastics & Rubber
Senior Secured First Lien Debt, 9/30/2025 Maturity #1
$1.98M
$2.05M
-$68.0K
+5.00%
2025-09-30
Yak Holding II, LLC
Construction & Building
Series A Common Units, Equity
$1.97M
TMK Hawk Parent, Corp.
Services: Business
Senior Secured First Lien Debt, 8/28/2024 Maturity #2
$1.96M
$2.37M
-$411.0K
+1.00%
2024-08-28
Avison Young (USA) Inc.
Banking, Finance, Insurance & Real Estate
Senior Secured First Lien Debt, 1/31/2026 Maturity #1
$1.95M
$922.0K
$1.03M
+7.00%
2026-01-31
Homer City Generation, L.P.
Energy: Oil & Gas
Senior Secured First Lien Debt, 4/16/2024 Maturity #2
$1.94M
$1.94M
$0.00
17.00%
2024-04-16
Snap Fitness Holdings, Inc.
Services: Consumer
Warrants., Equity
$1.89M
$1.25M
$639.0K
RA Outdoors, LLC
Media: Diversified & Production
Senior Secured Second Lien Debt, 10/8/2026 Maturity
$1.82M
$1.81M
$11.0K
+9.00%
2026-10-08
Mount Logan Capital Inc.
Banking, Finance, Insurance & Real Estate
Common Stock., Equity
$1.62M
$3.53M
-$1.91M
TMK Hawk Parent, Corp.
Services: Business
Senior Secured Second Lien Debt, 8/26/2025 Maturity
$1.47M
$13.29M
-$11.81M
+8.00%
2025-08-26
Service Compression, LLC
Energy: Oil & Gas
Warrants., Equity
$1.43M
$509.0K
$917.0K
IJKG Opco LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 11/4/2023 Maturity
$1.42M
$1.44M
-$19.0K
+8.00%
2023-11-04
Language Education Holdings LP
Services: Business
Ordinary Common Units., Equity
$1.38M
$825.0K
$557.0K
First American Treasury Obligations Fund
Class Z Shares
$1.31M
$1.31M
$0.00
GSC Technologies Inc.
Chemicals, Plastics & Rubber
Common Shares., Equity
$1.25M
Heritage Power, LLC.
Energy: Oil & Gas
Senior Secured First Lien Debt, 7/20/2026 Maturity
$1.16M
$1.16M
$0.00
+5.50%
2026-07-20
Williams Industrial Services Group, Inc.
Services: Business
Senior Secured First Lien Debt, 12/16/2025 Maturity #1
$1.09M
$1.64M
-$544.0K
+11.00%
2025-12-16
Galaxy XV CLO Ltd.
Diversified Financials
Class A Subordinated Notes., Collateralized Securities and Structured Products - Equity, 4/15/2025 Maturity
$1.08M
$1.15M
-$69.0K
2025-04-15
Instant Web, LLC.
Media: Advertising, Printing & Publishing
Senior Secured First Lien Debt, 2/25/2027 Maturity #4
$1.06M
$1.13M
-$72.0K
+6.50%
2027-02-25
Instant Web, LLC
Media: Advertising, Printing & Publishing
First Lien Delayed Draw Term Loan, Non-Controlled, Affiliated Investments
$1.01M
Critical Nurse Staffing, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 11/1/2026 Maturity #2
$989.0K
$989.0K
$0.00
+6.50%
2026-11-01
Ascent Resources - Marcellus, LLC
Energy: Oil & Gas
Membership Units., Equity
$971.0K
$1.64M
-$671.0K
H.W. Lochner, Inc.
Construction & Building
Senior Secured First Lien Debt, 7/2/2027 Maturity #3
$964.0K
$914.0K
$50.0K
+6.25%
2027-07-02
NSG Co-Invest (Bermuda) LP
Consumer Goods: Durable
Partnership Interests., Equity
$962.0K
$1.00M
-$38.0K
GSC Technologies Inc.
Chemicals, Plastics & Rubber
Senior Secured First Lien Debt, 9/30/2025 Maturity #2
$942.0K
$985.0K
-$43.0K
+5.00%
2025-09-30
BDS Solutions Intermediateco, LLC
Services: Business
Senior Secured First Lien Debt, 2/7/2027 Maturity #2
$929.0K
$928.0K
$1.0K
+7.00%
2027-02-07
NS NWN Holdco LLC
High Tech Industries
Non-Voting Units, Equity
$893.0K
$504.0K
$389.0K
Rogers Mechanical Contractors, LLC.
Construction & Building
Senior Secured First Lien Debt, 9/9/2025 Maturity #2
$880.0K
$881.0K
-$1.0K
+7.00%
2025-09-09
WorkGenius, Inc.
Services: Business
Senior Secured First Lien Debt, 6/7/2027 Maturity #2
$750.0K
$738.0K
$12.0K
+7.50%
2027-06-07
Spinal USA, Inc.
Healthcare & Pharmaceuticals
/ Precision Medical Inc., Senior Secured First Lien Debt, 11/29/2024 Maturity #2
$721.0K
$1.37M
-$652.0K
+9.50%
2024-11-29
RA Outdoors, LLC.
Media: Diversified & Production
Senior Secured First Lien Debt, 4/8/2026 Maturity #1
$677.0K
$600.0K
$77.0K
+6.75%
2026-04-08
Dermcare Management, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 4/22/2028 Maturity #3
$672.0K
$672.0K
$0.00
+6.00%
2028-04-22
Nova Compression, LLC.
Energy: Oil & Gas
Senior Secured First Lien Debt, 10/13/2027 Maturity #2
$652.0K
$652.0K
$0.00
+10.50%
2027-10-13
Spinal USA, Inc.
Healthcare & Pharmaceuticals
/ Precision Medical Inc., Senior Secured First Lien Debt, 11/29/2024 Maturity #6
$645.0K
$639.0K
$6.0K
+9.50%
2024-11-29
CF Arch Holdings LLC
Services: Business
Class A Units, Equity
$606.0K
$381.0K
$225.0K
WorkGenius, LLC
Services: Business
Class A Units., Equity
$584.0K
$500.0K
$84.0K
Instant Web, LLC.
Media: Advertising, Printing & Publishing
Senior Secured First Lien Debt, 2/25/2027 Maturity #3
$513.0K
$497.0K
$16.0K
+3.75%
2027-02-25
Entertainment Studios P&A LLC.
Media: Diversified & Production
Senior Secured First Lien Debt, 5/18/2037 Maturity
$505.0K
5.00%
2037-05-18
Ironhorse Purchaser, LLC.
Services: Business
Senior Secured First Lien Debt, 9/30/2027 Maturity #3
$469.0K
$463.0K
$6.0K
+6.50%
2027-09-30
Spinal USA, Inc.
Healthcare & Pharmaceuticals
/ Precision Medical Inc., Senior Secured First Lien Debt, 11/29/2024 Maturity #3
$463.0K
$806.0K
-$343.0K
+9.50%
2024-11-29
Spinal USA, Inc.
Healthcare & Pharmaceuticals
/ Precision Medical Inc., Senior Secured First Lien Debt, 11/29/2024 Maturity #4
$440.0K
$838.0K
-$398.0K
+9.50%
2024-11-29
FWS Parent Holdings, LLC
Services: Business
Class A Membership Interests, Equity
$434.0K
$800.0K
-$366.0K
Sleep Opco, LLC.
Retail
Senior Secured First Lien Debt, 10/12/2026 Maturity #2
$405.0K
$392.0K
$13.0K
+7.00%
2026-10-12
Invincible Boat Company LLC.
Consumer Goods: Durable
Senior Secured First Lien Debt, 8/28/2025 Maturity #2
$399.0K
$399.0K
$0.00
+6.50%
2025-08-28
Spinal USA, Inc.
Healthcare & Pharmaceuticals
/ Precision Medical Inc., Senior Secured First Lien Debt, 11/29/2024 Maturity #5
$388.0K
$638.0K
-$250.0K
+9.50%
2024-11-29
RumbleOn, Inc.
Automotive
Warrants, Equity, 8/14/2028 Maturity
$376.0K
$378.0K
-$2.0K
2028-08-14
KNB Holdings Corp.
Consumer Goods: Durable
Senior Secured First Lien Debt, 4/26/2024 Maturity
$229.0K
$7.39M
-$7.16M
+5.50%
2024-04-26
Williams Industrial Services Group, Inc.
Services: Business
Senior Secured First Lien Debt, 12/16/2025 Maturity #2
$218.0K
$327.0K
-$109.0K
+11.00%
2025-12-16
American Teleconferencing Services, Ltd.
Telecommunications
Senior Secured First Lien Debt, 4/07/2023 Maturity #1
$140.0K
$3.12M
-$2.98M
+5.50%
2023-04-07
Heritage Litigation Trust
Energy: Oil & Gas
Restricted Stock
$132.0K
$119.0K
$13.0K
Jenny C Acquisition, Inc.
Services: Consumer
Senior Secured First Lien Debt, 10/1/2024 Maturity #2
$131.0K
$534.0K
-$403.0K
+9.00%
2024-10-01
DESG Holdings, Inc.
First Lien Term Loan, Non-Controlled, Affiliated Investments
$85.0K
Deluxe Entertainment Services, Inc.
Media: Diversified & Production
Senior Secured First Lien Debt, 3/25/2024 Maturity
$85.0K
$2.54M
-$2.46M
+5.50%
2024-03-25
Thrill Holdings LLC.
Media: Diversified & Production
Senior Secured First Lien Debt, 5/27/2024 Maturity
$49.0K
2024-05-27
Service Compression, LLC.
Energy: Oil & Gas
Senior Secured First Lien Debt, 5/5/2025 Maturity
$38.0K
2025-05-06
Thrill Holdings LLC.
Media: Diversified & Production
Senior Secured First Lien Debt, 5/27/2027 Maturity #2
$26.0K
2027-05-27
Country Fresh Holdings, LLC.
Beverage, Food & Tobacco
Senior Secured First Lien Debt, 4/30/2024 Maturity #1
$21.0K
$645.0K
-$624.0K
+6.00%
2024-04-30
APIDOS CLO XVI Subordinated Notes., Collateralized Securities and Structured Products
Diversified Financials
Equity, 1/19/2025 Maturity
$20.0K
$1.22M
-$1.20M
2025-01-19
OpCo Borrower, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 8/19/2027 Maturity #3
$10.0K
2027-08-19
Country Fresh Holdings, LLC.
Beverage, Food & Tobacco
Senior Secured First Lien Debt, 4/30/2024 Maturity #2
$9.0K
$268.0K
-$259.0K
+6.00%
2024-04-30
NS NWN Acquisition, LLC
High Tech Industries
Common Equity, Equity
$0.00
$393.0K
-$393.0K
STATinMed Parent, LLC
Healthcare & Pharmaceuticals
Class B Preferred Units, Equity
$0.00
$3.19M
-$3.19M
Moss Holding Company, Senior Secured First Lien Debt, 4/17/2024 Maturity,
Services: Business
Senior Secured First Lien Debt #2
-$1.0K
2024-04-17
Bradshaw International Parent Corp.
Consumer Goods: Durable
Senior Secured First Lien Debt, 10/21/2026 Maturity
-$2.0K
-$26.0K
$24.0K
2026-10-21
HW Acquisition, LLC.
Capital Equipment
Senior Secured First Lien Debt, 9/28/2026 Maturity #3
-$2.0K
-$2.0K
$0.00
2026-09-28
Rogers Mechanical Contractors, LLC.
Construction & Building
Senior Secured First Lien Debt, 9/9/2025 Maturity #4
-$3.0K
2025-09-09
American Clinical Solutions LLC
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 3/29/2024 Maturity #1
-$8.0K
-$8.0K
$0.00
2024-03-29
Anthem Sports & Entertainment Inc.
Media: Diversified & Production
Senior Secured First Lien Debt, 11/15/2026 Maturity #3
-$9.0K
2026-11-15
MacNeill Pride Group Corp.
Services: Consumer
Senior Secured First Lien Debt, 4/30/2024 Maturity
-$10.0K
-$11.0K
$1.0K
2024-04-30
ESP Associates, Inc.
Construction & Building
Senior Secured First Lien Debt, 7/24/2028 Maturity #2
-$13.0K
-$26.0K
$13.0K
2028-07-24
Moss Holding Company, Senior Secured First Lien Debt, 4/17/2024 Maturity,
Services: Business
Senior Secured First Lien Debt #3
-$21.0K
2024-04-17
Instant Web, LLC.
Media: Advertising, Printing & Publishing
Senior Secured First Lien Debt, 2/25/2027 Maturity #5
-$46.0K
-$49.0K
$3.0K
2027-02-25
BDS Solutions Intermediateco, LLC
Services: Business
Senior Secured First Lien Debt, 2/7/2027 Maturity #3
-$48.0K
-$48.0K
$0.00
2027-02-07
American Health Staffing Group, Inc.
Services: Business
Senior Secured First Lien Debt, 11/19/2026 Maturity #2
-$19.0K
2026-11-19
American Teleconferencing Services, Ltd.
Telecommunications
Senior Secured First Lien Debt, 4/07/2023 Maturity #2
2023-04-07
CION/EagleTree Partners, LLC
Diversified Financials
Senior Secured Note
14.00%
Coyote Buyer, LLC.
Chemicals, Plastics & Rubber
Senior Secured First Lien Debt, 2/6/2025 Maturity #3
2025-02-06
Critical Nurse Staffing, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 11/1/2026 Maturity #5
2026-11-01
Dermcare Management, LLC.
Healthcare & Pharmaceuticals
Senior Secured First Lien Debt, 4/22/2028 Maturity #4
2028-04-22
Flatworld Intermediate Corp.
Services: Business
Senior Secured First Lien Debt, 10/3/2027 Maturity #2
2027-10-03
Fluid Control II Inc.
Chemicals, Plastics & Rubber
Senior Secured First Lien Debt 8/3/2029 Maturity #2
2029-08-03
H.W. Lochner, Inc.
Construction & Building
Senior Secured First Lien Debt, 7/2/2027 Maturity #4
2027-07-02
Homer City Generation, L.P.
Energy: Oil & Gas
Senior Secured First Lien Debt, 4/16/2024 Maturity #3
0.00%
2024-04-16
Instant Web Holdings, LLC
Media: Advertising, Printing & Publishing
Class A Common Units., Equity
Invincible Boat Company LLC.
Consumer Goods: Durable
Senior Secured First Lien Debt, 8/28/2025 Maturity #3
2025-08-28
Ironhorse Purchaser, LLC.
Services: Business
Senior Secured First Lien Debt, 9/30/2027 Maturity #4
+0.50%
2027-09-30
Language Education Holdings GP LLC
Services: Business
Common Units., Equity
Mimeo.com, Inc.
Media: Advertising, Printing & Publishing
Senior Secured First Lien Debt, 12/21/2024 Maturity #3
2024-12-21
New HW Holdings Corp.
Capital Equipment
Common Stock, Equity
Nova Compression, LLC.
Energy: Oil & Gas
Senior Secured First Lien Debt, 10/13/2024 Maturity
2024-10-13
RA Outdoors, LLC.
Media: Diversified & Production
Senior Secured First Lien Debt, 4/8/2026 Maturity #3
2026-04-08
Robert C. Hilliard
L.L.P.
Senior Secured First Lien Debt
17.44%
Sleep Opco, LLC.
Retail
Senior Secured First Lien Debt, 10/12/2026 Maturity #4
-$20.0K
2026-10-12
Tactical Air Support, Inc.
Aerospace & Defense
Senior Secured First Lien Debt, 12/23/2024 Maturity
2024-12-23
Disclosed holdings FV
$1.95B
Parsed holdings FV
$1.96B
Residual gap
-$2.40M
Balance-sheet cash
$8.41M
CIK
0001534254
Accession
0001534254-24-000008
Form type
10-K
Period
2023-12-31