CION
CION Investment
Portfolio Fair Value
$1.85B
230 holdings
Avg Spread
+7.19%
FV-weighted, debt
Avg Coupon
9.28%
FV-weighted
% First Lien
80.3%
of debt FV
Unrealized P/L
-$50.62M
-2.67% of cost
Non-Accrual
12
text-detected
Balance sheet
Assets$1.90B
Liabilities + Equity$1.90B
First Lien
$1.48B · 78.1%
First Lien
$1.48B · 78.1%
Second Lien
$152.98M · 8.1%
Subordinated
$1.21M · 0.1%
Other Debt
$14.62M · 0.8%
Equity
$194.41M · 10.3%
Equity
$194.41M · 10.3%
Other
$497.8K · 0.0%
Cash & Equivalents
$6.80M · 0.4%
Other Assets
$44.66M · 2.4%
Debt (Borrowings)
$1.00B · 52.7%
Debt (Borrowings)
$1.00B · 52.7%
Other Liabilities
$35.37M · 1.9%
Net Assets (Equity)
$860.76M · 45.4%
Net Assets (Equity)
$860.76M · 45.4%
Industry Composition
Services: Business
15.8%
Healthcare & Pharmaceuticals
12.6%
Media: Diversified & Production
6.7%
Unclassified
6.4%
Media: Advertising, Printing & Publishing
6.2%
Construction & Building
5.9%
Services: Consumer
5.7%
Retail
5.5%
Chemicals, Plastics & Rubber
4.5%
Diversified Financials
4.4%
Energy: Oil & Gas
4.0%
Consumer Goods: Durable
3.2%
Other industries
19.0%
Spread Distribution
0.5%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
10.0%
12.0%
Schedule of Investments
All holdings
All holdings
Sortable, click headers to re-sort
230 of 258
| Issuer | Industry | Type | Fair Value | Cost | Unrealized | Coupon | Spread | Maturity |
|---|---|---|---|---|---|---|---|---|
First American Treasury Obligations Fund, Class Z Shares, Short Term Investments | — | Senior Secured Second Lien Debt | $116.93M | $116.93M | $0.00 | 5.22% | — | — |
CION/EagleTree Partners, LLC. | Diversified Financials | Senior Secured First Lien Debt, 12/21/2026 Maturity | $54.83M | $54.83M | $0.00 | 14.00% | — | 2026-12-21 |
Anthem Sports & Entertainment Inc. | Media: Diversified & Production | Senior Secured First Lien Debt, 11/15/2026 Maturity #1 | $36.69M | $39.00M | -$2.31M | — | +9.50% | 2026-11-15 |
Coyote Buyer, LLC. | Chemicals, Plastics & Rubber | Senior Secured First Lien Debt, 2/6/2025 Maturity #1 | $33.52M | $33.65M | -$128.0K | — | +6.00% | 2026-02-06 |
LAV Gear Holdings, Inc. | Services: Business | Senior Secured First Lien Debt, 10/31/2024 Maturity #1 | $27.67M | $27.52M | $148.0K | — | +6.28% | 2024-10-31 |
Instant Web, LLC. | Media: Advertising, Printing & Publishing | Senior Secured First Lien Debt, 2/25/2027 Maturity #1 | $27.62M | $43.58M | -$15.96M | — | +7.00% | 2027-02-25 |
Service Compression, LLC. | Energy: Oil & Gas | Senior Secured First Lien Debt, 5/6/2027 Maturity #1 | $25.54M | $23.02M | $2.52M | — | +10.00% | 2027-05-06 |
CION/EagleTree Partners, LLC | Diversified Financials | Participating Preferred Shares Equity | $25.04M | $22.07M | $2.97M | — | — | — |
Pentec Acquisition Corp. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 10/8/2026 Maturity | $24.56M | $24.41M | $158.0K | — | +6.00% | 2026-10-08 |
Hilliard, Martinez & Gonzales, LLP. | Services: Consumer | Senior Secured First Lien Debt, 9/16/2024 Maturity | $24.55M | $24.76M | -$204.0K | — | +12.00% | 2024-09-16 |
Usalco, LLC. | Chemicals, Plastics & Rubber | Senior Secured First Lien Debt, 10/19/2027 Maturity | $24.53M | $24.38M | $149.0K | — | +6.00% | 2027-10-19 |
Wok Holdings Inc. | Beverage, Food & Tobacco | Senior Secured First Lien Debt, 3/1/2026 Maturity | $23.84M | $24.30M | -$461.0K | — | +6.25% | 2026-03-01 |
Flatworld Intermediate Corp. | Services: Business | Senior Secured First Lien Debt, 10/3/2027 Maturity #1 | $23.27M | $23.27M | $0.00 | — | +7.00% | 2027-10-03 |
Lift Brands, Inc. | Services: Consumer | Senior Secured First Lien Debt, 6/29/2025 Maturity #1 | $23.11M | $23.11M | $0.00 | — | +7.50% | 2025-06-29 |
SRA Holdings, LLC | Banking, Finance, Insurance & Real Estate | Membership Units, Equity | $23.00M | $23.61M | -$611.0K | — | — | — |
Cennox, Inc. | Services: Business | Senior Secured First Lien Debt, 5/4/2026 Maturity #1 | $22.41M | $22.46M | -$56.0K | — | +6.25% | 2026-05-04 |
Entertainment Studios P&A LLC. | Media: Diversified & Production | Senior Secured First Lien Debt, 9/28/2027 Maturity | $22.38M | $22.58M | -$202.0K | 9.00% | — | 2027-09-28 |
David's Bridal Holdings, LLC | Retail | Common Units, Equity | $22.34M | $23.13M | -$792.0K | — | — | — |
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 |
Longview Intermediate Holdings C, LLC | Energy: Oil & Gas | Membership Units., Equity | $21.86M | $2.70M | $19.16M | — | — | — |
Mimeo.com, Inc. | Media: Advertising, Printing & Publishing | Senior Secured First Lien Debt, 12/21/2024 Maturity #1 | $21.70M | $21.81M | -$109.0K | — | +6.60% | 2024-12-21 |
Klein Hersh, LLC. | Services: Business | Senior Secured First Lien Debt, 4/27/2027 Maturity | $21.20M | $21.25M | -$53.0K | — | +11.20% | 2027-04-27 |
Carestream Health Holdings Inc. | Healthcare & Pharmaceuticals | Common Stock, Equity Securities | $20.94M | $21.76M | -$815.0K | — | — | — |
Cabi, LLC | Retail | Senior Secured First Lien Debt, 2/28/2027 Maturity | $20.69M | $20.74M | -$50.0K | — | +4.50% | 2027-02-28 |
Thrill Holdings LLC. | Media: Diversified & Production | Senior Secured First Lien Debt, 5/27/2027 Maturity #1 | $20.36M | $20.08M | $274.0K | — | +6.50% | 2027-05-27 |
PRA Acquisition, LLC, 5/12/2028 Maturity | Hotel, Gaming & Leisure | Senior Secured First Lien Debt | $19.95M | $19.95M | $0.00 | — | +6.50% | 2028-05-12 |
BDS Solutions Intermediateco, LLC | Services: Business | Senior Secured First Lien Debt, 2/7/2027 Maturity #1 | $19.57M | $19.67M | -$98.0K | — | +7.00% | 2027-02-07 |
Future Pak, LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 9/22/2026 Maturity | $19.55M | $19.55M | $0.00 | — | +9.00% | 2026-09-22 |
ICA Foam Holdings, LLC. | Containers, Packaging & Glass | Senior Secured First Lien Debt, 11/5/2025 Maturity | $19.40M | $19.52M | -$112.0K | — | +7.25% | 2025-11-05 |
Moss Holding Company., Senior Secured First Lien Debt, 4/17/2024 Maturity, | Services: Business | Senior Secured First Lien Debt #1 | $19.23M | $19.39M | -$162.0K | — | +6.25% | 2024-04-17 |
FuseFX, LLC. | Media: Diversified & Production | Senior Secured First Lien Debt, 4/1/2025 Maturity | $19.10M | $19.60M | -$495.0K | — | +6.00% | 2025-04-01 |
Playboy Enterprises, Inc. | Consumer Goods: Non-Durable | Senior Secured First Lien Debt, 5/25/2027 Maturity | $19.04M | $19.20M | -$157.0K | — | +4.25% | 2027-05-25 |
Archer Systems, LLC | Services: Business | Senior Secured First Lien Debt, 8/11/2027 Maturity #1 | $18.91M | $18.68M | $226.0K | — | +6.00% | 2027-08-11 |
MacNeill Pride Group Corp. | Services: Consumer | Senior Secured First Lien Debt, 4/22/2026 Maturity #1 | $17.01M | $17.02M | -$16.0K | — | +6.25% | 2026-04-22 |
Hollander Intermediate LLC. | Consumer Goods: Durable | Senior Secured First Lien Debt, 9/19/2026 Maturity | $16.61M | $16.65M | -$43.0K | — | +8.75% | 2026-09-19 |
INW Manufacturing, LLC. | Services: Business | Senior Secured First Lien Debt, 3/25/2027 Maturity | $16.58M | $17.64M | -$1.06M | — | +5.75% | 2027-03-25 |
American Health Staffing Group, Inc. | Services: Business | Senior Secured First Lien Debt, 11/19/2026 Maturity #1 | $16.42M | $16.31M | $109.0K | — | +6.00% | 2026-11-19 |
Yak Access, LLC. | Construction & Building | Senior Secured First Lien Debt, 3/10/2028 Maturity | $16.32M | $14.87M | $1.45M | — | +6.40% | 2028-03-10 |
ALM Media, LLC | Media: Advertising, Printing & Publishing | Senior Secured First Lien Debt, 11/25/2024 Maturity | $16.25M | $16.17M | $82.0K | — | +6.00% | 2024-11-25 |
Celerity Acquisition Holdings, LLC | Services: Business | Senior Secured First Lien Debt, 5/28/2026 Maturity | $15.96M | $15.94M | $23.0K | — | +8.50% | 2026-05-28 |
Inotiv, Inc. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 11/5/2026 Maturity | $15.80M | $16.17M | -$363.0K | — | +6.75% | 2026-11-05 |
Optio Rx, LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 6/28/2028 Maturity #1 | $15.53M | $15.57M | -$40.0K | — | +7.00% | 2024-06-28 |
Gold Medal Holdings, Inc. | Environmental Industries | Senior Secured First Lien Debt, 3/17/2027 Maturity | $15.38M | $15.25M | $125.0K | — | +7.00% | 2027-03-17 |
HW Acquisition, LLC. | Capital Equipment | Senior Secured First Lien Debt, 9/28/2026 Maturity #1 | $15.21M | $18.66M | -$3.44M | — | +5.00% | 2026-09-28 |
Trademark Global, LLC. | Consumer Goods: Non-Durable | Senior Secured First Lien Debt, 7/30/2024 Maturity | $15.19M | $15.64M | -$453.0K | — | +7.50% | 2024-07-30 |
Rogers Mechanical Contractors, LLC. | Construction & Building | Senior Secured First Lien Debt, 9/9/2025 Maturity #1 | $15.05M | $15.10M | -$57.0K | — | +8.00% | 2025-09-09 |
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 |
Trammell, P.C. | Services: Consumer | Senior Secured First Lien Debt, 4/28/2026 Maturity | $14.45M | $14.45M | $0.00 | — | +15.50% | 2026-04-28 |
Sleep Opco, LLC. | Retail | Senior Secured First Lien Debt, 10/12/2026 Maturity #1 | $13.60M | $13.50M | $100.0K | — | +6.50% | 2026-10-12 |
Invincible Boat Company LLC. | Consumer Goods: Durable | Senior Secured First Lien Debt, 8/28/2025 Maturity #1 | $13.54M | $13.47M | $67.0K | — | +6.50% | 2025-08-28 |
WorkGenius, Inc. | Services: Business | Senior Secured First Lien Debt, 6/7/2027 Maturity #1 | $13.36M | $13.36M | $0.00 | — | +7.50% | 2027-06-07 |
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 | $13.00M | $13.25M | -$247.0K | — | +9.00% | 2025-02-14 |
Critical Nurse Staffing, LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 11/1/2026 Maturity #1 | $12.83M | $12.83M | $0.00 | — | +5.75% | 2026-11-01 |
Cadence Aerospace, LLC | Aerospace & Defense | Senior Secured First Lien Debt, 11/14/2024 Maturity | $12.68M | $12.66M | $18.0K | — | +6.50% | 2024-11-14 |
Bradshaw International Parent Corp. | Consumer Goods: Durable | Senior Secured First Lien Debt, 10/21/2027 Maturity #3 | $12.67M | $12.66M | $17.0K | — | +5.75% | 2027-10-21 |
NWN Parent Holdings LLC. | High Tech Industries | Senior Secured First Lien Debt, 5/7/2026 Maturity #1 | $12.54M | $12.54M | $2.0K | — | +9.00% | 2026-05-07 |
Associated Asphalt Partners, LLC | Construction & Building | Senior Secured First Lien Debt, 4/5/2024 Maturity | $12.49M | $14.06M | -$1.57M | — | +5.25% | 2024-04-05 |
Manus Bio Inc. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 8/20/2026 Maturity | $12.44M | $12.38M | $61.0K | 13.00% | — | 2026-08-20 |
NewsCycle Solutions, Inc. | Media: Advertising, Printing & Publishing | Senior Secured First Lien Debt, 12/29/2023 Maturity | $12.38M | $12.35M | $33.0K | — | +7.00% | 2023-12-29 |
URS Topco, LLC | Transportation: Cargo | Common Equity | $12.16M | $9.67M | $2.49M | — | — | — |
R. R. Donnelley & Sons Company , 3/22/2028 Maturity | Media: Advertising, Printing & Publishing | Senior Secured First Lien Debt | $12.03M | $11.97M | $54.0K | — | +7.25% | 2028-03-22 |
IPP Buyer Holdings, LLC. | Retail | Equity | $11.73M | $10.74M | $993.0K | — | — | — |
OpCo Borrower, LLC. | Healthcare & Pharmaceuticals | Senior Secured Second Lien Debt, 2/19/2028 Maturity | $11.72M | $11.76M | -$43.0K | 12.50% | — | 2028-02-19 |
Cennox, Inc. | Services: Business | Senior Secured First Lien Debt, 5/4/2026 Maturity #2 | $11.64M | $11.66M | -$25.0K | — | +6.25% | 2026-05-04 |
Community Tree Service, LLC. | Construction & Building | Senior Secured First Lien Debt, 6/17/2027 Maturity | $11.45M | $11.48M | -$29.0K | — | +11.00% | 2027-06-17 |
Global Tel*Link Corp. | Telecommunications | Senior Secured Second Lien Debt, 11/29/2026 Maturity | $11.43M | $11.40M | $30.0K | — | +10.00% | 2026-11-29 |
Carestream Health, Inc. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 9/30/2027 Maturity | $11.42M | $10.41M | $1.01M | — | +7.50% | 2027-09-30 |
LGC US Finco, LLC. | Capital Equipment | Senior Secured First Lien Debt, 12/20/2025 Maturity | $11.29M | $11.09M | $193.0K | — | +6.50% | 2025-12-20 |
JP Intermediate B, LLC. | Beverage, Food & Tobacco | Senior Secured First Lien Debt, 11/20/2027 Maturity | $11.16M | $12.59M | -$1.43M | — | +5.50% | 2027-11-20 |
Ancile Solutions, Inc. | High Tech Industries | Senior Secured First Lien Debt, 6/11/2026 Maturity | $11.15M | $11.06M | $91.0K | — | +10.00% | 2026-06-11 |
Adapt Laser Acquisition, Inc. | Capital Equipment | Senior Secured First Lien Debt, 12/31/2025 Maturity #1 | $11.15M | $10.93M | $219.0K | — | +11.00% | 2025-12-31 |
RA Outdoors, LLC. | Media: Diversified & Production | Senior Secured First Lien Debt, 4/8/2026 Maturity #1 | $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 | $204.0K | — | +6.50% | 2027-08-19 |
Appalachian Resource Company, LLC | Metals & Mining | Senior Secured First Lien Debt, 9/30/2024 Maturity | $10.73M | $11.12M | -$388.0K | — | +5.00% | 2024-09-30 |
David's Bridal Holdings, LLC | Retail | Preferred Units, Equity | $10.50M | $10.82M | -$322.0K | — | — | — |
RumbleOn, Inc. | Automotive | Senior Secured First Lien Debt, 8/31/2026 Maturity #1 | $10.39M | $10.34M | $49.0K | — | +8.75% | 2026-08-31 |
H.W. Lochner, Inc. | Construction & Building | Senior Secured First Lien Debt, 7/2/2027 Maturity #1 | $10.35M | $10.07M | $272.0K | — | +6.75% | 2027-07-02 |
STATinMED, LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 7/1/2027 Maturity | $10.11M | $10.29M | -$180.0K | — | +9.50% | 2027-07-01 |
Dermcare Management, LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 4/22/2028 Maturity #1 | $9.29M | $9.13M | $157.0K | — | +6.00% | 2028-04-22 |
Retail Services WIS Corp. | Services: Business | Senior Secured First Lien Debt, 5/20/2025 Maturity | $9.16M | $9.04M | $121.0K | — | +8.35% | 2025-05-20 |
Isagenix Worldwide, Inc. | Beverage, Food & Tobacco | Equity | $8.97M | $8.99M | -$13.0K | — | — | — |
PH Beauty Holdings III. Inc. | Consumer Goods: Non-Durable | Senior Secured First Lien Debt, 9/28/2025 Maturity | $8.86M | $9.22M | -$359.0K | — | +5.00% | 2025-09-28 |
Harland Clarke Holdings Corp. | Media: Advertising, Printing & Publishing | Senior Secured First Lien Debt, 6/16/2026 Maturity | $8.85M | $9.18M | -$328.0K | — | +7.75% | 2026-06-16 |
H.W. Lochner, Inc. | Construction & Building | Senior Secured First Lien Debt, 7/2/2027 Maturity #2 | $8.74M | $8.72M | $15.0K | — | +6.25% | 2027-07-02 |
Avison Young (USA) Inc. | Banking, Finance, Insurance & Real Estate | Senior Secured First Lien Debt, 1/31/2026 Maturity | $8.68M | $8.41M | $268.0K | — | +6.50% | 2026-01-31 |
Homer City Generation, L.P. | Energy: Oil & Gas | Senior Secured First Lien Debt, 10/16/2023 Maturity #1 | $8.56M | $12.02M | -$3.46M | 15.00% | — | 2023-10-16 |
Allen Media, LLC | Media: Diversified & Production | Senior Secured First Lien Debt, 2/10/2027 Maturity | $8.55M | $8.74M | -$185.0K | — | +5.50% | 2027-02-10 |
ESP Associates, Inc. | Construction & Building | Senior Secured First Lien Debt, 7/24/2028 Maturity #1 | $8.51M | $8.51M | -$2.0K | — | +6.50% | 2028-07-24 |
Isagenix International, LLC. | Beverage, Food & Tobacco | Senior Secured First Lien Debt, 4/14/2028 Maturity | $8.39M | $8.41M | -$21.0K | — | +5.50% | 2028-04-14 |
Spinal USA, Inc. | Healthcare & Pharmaceuticals | / Precision Medical Inc., Senior Secured First Lien Debt, 11/29/2024 Maturity #1 | $8.26M | $14.88M | -$6.62M | — | +9.50% | 2024-11-29 |
TMK Hawk Parent, Corp. | Services: Business | Senior Secured Second Lien Debt, 9/26/2025 Maturity | $8.24M | $13.29M | -$5.05M | — | +8.00% | 2025-09-26 |
HUMC Holdco, LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 11/4/2023 Maturity | $7.80M | $7.80M | $0.00 | 8.00% | — | 2023-11-04 |
Sequoia Healthcare Management, LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 11/4/2023 Maturity | $7.76M | $8.51M | -$752.0K | 12.75% | — | 2023-11-04 |
Service Compression, LLC. | Energy: Oil & Gas | Senior Secured First Lien Debt, 5/6/2027 Maturity #2 | $7.67M | $6.91M | $757.0K | — | +10.00% | 2027-05-06 |
Heritage Power, LLC. | Energy: Oil & Gas | Senior Secured First Lien Debt, 7/30/2026 Maturity | $7.49M | $8.03M | -$541.0K | — | +5.00% | 2026-07-30 |
WPLM Acquisition Corp. | Media: Advertising, Printing & Publishing | Unsecured Debt, 11/24/2025 Maturity | $7.42M | $7.58M | -$157.0K | 15.00% | — | 2025-11-24 |
Ironhorse Purchaser, LLC. | Services: Business | Senior Secured First Lien Debt, 9/30/2027 Maturity #1 | $7.11M | $7.01M | $96.0K | — | +6.50% | 2027-09-30 |
Project Castle, Inc. | Capital Equipment | Senior Secured First Lien Debt, 6/1/2029 Maturity | $7.06M | $7.18M | -$123.0K | — | +5.50% | 2029-06-01 |
TMK Hawk Parent, Corp. | Services: Business | Senior Secured First Lien Debt, 8/28/2024 Maturity #1 | $6.71M | $5.03M | $1.68M | — | +3.50% | 2024-08-28 |
MacNeill Pride Group Corp. | Services: Consumer | Senior Secured First Lien Debt, 4/22/2026 Maturity #2 | $6.28M | $6.28M | $3.0K | — | +6.25% | 2026-04-22 |
Lift Brands, Inc. | Services: Consumer | Senior Secured First Lien Debt, 6/29/2025 Maturity #3 | $6.24M | $6.47M | -$238.0K | 9.50% | — | 2025-06-29 |
Coyote Buyer, LLC. | Chemicals, Plastics & Rubber | Senior Secured First Lien Debt, 8/6/2026 Maturity | $6.08M | $6.01M | $69.0K | — | +8.00% | 2026-08-06 |
K&N Holdco, LLC | Consumer Goods: Durable | Membership Units, Equity | $5.99M | $8.36M | -$2.37M | — | — | — |
American Clinical Solutions LLC | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 12/31/2024 Maturity | $5.58M | $5.73M | -$143.0K | — | +7.00% | 2025-06-30 |
Lift Brands, Inc. | Services: Consumer | Senior Secured First Lien Debt, 6/29/2025 Maturity #2 | $5.58M | $5.87M | -$292.0K | 9.50% | — | 2025-06-29 |
K&N Parent, Inc. | Consumer Goods: Durable | Senior Secured First Lien Debt, 8/14/2027 Maturity #1 | $5.28M | $5.44M | -$163.0K | — | +5.25% | 2027-08-14 |
Appalachian Resource Company, LLC | Metals & Mining | Senior Secured First Lien Debt, 9/15/2024 Maturity | $5.00M | $5.00M | $0.00 | — | +10.00% | 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 | $4.89M | $4.79M | $102.0K | — | +3.75% | 2025-07-02 |
Snap Fitness Holdings, Inc. | Services: Consumer | Class A Common Stock., Equity | $4.58M | $3.08M | $1.50M | — | — | — |
Afore Insurance Services, LLC. | Banking, Finance, Insurance & Real Estate | Senior Secured First Lien Debt, 3/24/2025 Maturity | $4.58M | $4.58M | -$5.0K | — | +6.00% | 2025-03-24 |
LAV Gear Holdings, Inc. | Services: Business | Senior Secured First Lien Debt, 10/31/2024 Maturity #2 | $4.54M | $4.52M | $20.0K | — | +6.28% | 2024-10-31 |
K&N Parent, Inc. | Consumer Goods: Durable | Senior Secured First Lien Debt, 2/14/2027 Maturity #2 | $4.36M | $4.10M | $254.0K | — | +8.00% | 2027-02-14 |
Lucky Bucks Holdings LLC. | Hotel, Gaming & Leisure | Unsecured Debt, 5/29/2028 Maturity | $4.20M | $22.86M | -$18.66M | 12.50% | — | 2028-05-29 |
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 | $3.85M | $33.0K | — | +5.25% | 2027-12-17 |
Securus Technologies Holdings, Inc. | Telecommunications | Senior Secured First Lien Debt, 11/1/2024 Maturity | $3.84M | $3.54M | $301.0K | — | +4.50% | 2024-11-01 |
RumbleOn, Inc. | Automotive | Senior Secured First Lien Debt, 8/31/2026 Maturity #2 | $3.82M | $3.98M | -$155.0K | — | +8.75% | 2026-08-31 |
Mimeo.com, Inc. | Media: Advertising, Printing & Publishing | Senior Secured First Lien Debt, 12/21/2024 Maturity #2 | $3.74M | $3.76M | -$19.0K | — | +6.60% | 2024-12-21 |
Dermcare Management, LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 4/22/2028 Maturity #2 | $3.51M | $3.44M | $74.0K | — | +6.00% | 2028-04-22 |
Palmetto Clean Technology, Inc. | High Tech Industries | Warrants., Equity | $3.01M | $471.0K | $2.54M | — | — | — |
Lucky Bucks Holdings LLC. | Hotel, Gaming & Leisure | Unsecured Debt, 7/30/2027 Maturity | $3.01M | $4.20M | -$1.19M | — | +7.50% | 2027-07-30 |
Cennox, Inc. | Services: Business | Senior Secured First Lien Debt, 5/4/2026 Maturity #3 | $2.98M | $2.99M | -$7.0K | — | +6.25% | 2026-05-04 |
Anthem Sports & Entertainment Inc. | Media: Diversified & Production | Senior Secured First Lien Debt, 11/15/2026 Maturity #2 | $2.97M | $3.16M | -$197.0K | — | +9.50% | 2026-11-15 |
Securus Technologies Holdings, Inc. | Telecommunications | Senior Secured Second Lien Debt, 11/1/2025 Maturity | $2.91M | $2.93M | -$26.0K | — | +8.25% | 2025-11-01 |
TMK Hawk Parent, Corp. | Services: Business | Senior Secured First Lien Debt, 8/28/2024 Maturity #2 | $2.83M | $2.15M | $673.0K | — | +3.50% | 2024-08-28 |
STATinMed Parent, LLC | Healthcare & Pharmaceuticals | Class A Preferred Units, Equity | $2.79M | $6.18M | -$3.39M | — | — | — |
Emerald Technologies (U.S.) Acquisitionco, Inc. | Services: Business | Senior Secured First Lien Debt, 12/29/2027 Maturity | $2.77M | $2.84M | -$70.0K | — | +6.25% | 2027-12-29 |
Instant Web, LLC. | Media: Advertising, Printing & Publishing | Senior Secured First Lien Debt, 2/25/2027 Maturity #2 | $2.75M | $2.82M | -$71.0K | — | +6.50% | 2027-02-25 |
AHF Parent Holding, Inc. | Construction & Building | Senior Secured First Lien Debt, 2/1/2028 Maturity | $2.70M | $2.73M | -$36.0K | — | +6.25% | 2028-02-01 |
NS NWN Acquisition, LLC | High Tech Industries | Class A Preferred Units., Equity | $2.60M | $110.0K | $2.49M | — | — | — |
Optio Rx, LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 6/28/2028 Maturity #2 | $2.56M | $2.51M | $53.0K | — | +10.00% | 2024-06-28 |
GSC Technologies Inc. | Chemicals, Plastics & Rubber | Senior Secured First Lien Debt, 9/30/2025 Maturity #1 | $2.20M | $2.34M | -$139.0K | — | +5.00% | 2025-09-30 |
Hudson Hospital Opco, LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 11/4/2023 Maturity | $2.16M | $2.14M | $15.0K | — | +8.00% | 2023-11-04 |
Adapt Laser Acquisition, Inc. | Capital Equipment | Senior Secured First Lien Debt, 12/31/2025 Maturity #2 | $2.07M | $2.10M | -$29.0K | — | +11.00% | 2025-12-31 |
Robert C. Hilliard, L.L.P. | Services: Consumer | Senior Secured First Lien Debt, 12/17/2023 Maturity | $2.04M | $2.06M | -$18.0K | — | +12.00% | 2024-09-16 |
Ironhorse Purchaser, LLC. | Services: Business | Senior Secured First Lien Debt, 9/30/2027 Maturity #2 | $2.04M | $2.01M | $26.0K | — | +6.50% | 2027-09-30 |
New Giving Acquisition, Inc. | Healthcare & Pharmaceuticals | Warrants, Equity, 8/19/2029 Maturity | $2.02M | $633.0K | $1.38M | — | — | 2029-08-19 |
Yak Holding II, LLC | Construction & Building | Series B-1 Preferred Units, Equity | $1.99M | $1.97M | $20.0K | — | — | — |
Mount Logan Capital Inc. | Banking, Finance, Insurance & Real Estate | Common Stock., Equity | $1.86M | $3.53M | -$1.67M | — | — | — |
Snap Fitness Holdings, Inc. | Services: Consumer | Warrants., Equity | $1.86M | $1.25M | $609.0K | — | — | — |
RA Outdoors, LLC | Media: Diversified & Production | Senior Secured Second Lien Debt, 10/8/2026 Maturity | $1.82M | $1.81M | $12.0K | — | +9.00% | 2026-10-08 |
Coyote Buyer, LLC. | Chemicals, Plastics & Rubber | Senior Secured First Lien Debt, 2/6/2025 Maturity #2 | $1.74M | $1.75M | -$13.0K | — | +6.00% | 2025-02-06 |
HW Acquisition, LLC. | Capital Equipment | Senior Secured First Lien Debt, 9/28/2026 Maturity #2 | $1.55M | $1.92M | -$364.0K | — | +5.00% | 2026-09-28 |
IJKG Opco LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 11/4/2023 Maturity | $1.44M | $1.43M | $10.0K | — | +8.00% | 2023-11-04 |
BDS Solutions Intermediateco, LLC | Services: Business | Senior Secured First Lien Debt, 2/7/2027 Maturity #2 | $1.40M | $1.33M | $69.0K | — | +7.00% | 2027-02-07 |
Language Education Holdings LP | Services: Business | Ordinary Common Units., Equity | $1.38M | $825.0K | $557.0K | — | — | — |
Homer City Generation, L.P. | Energy: Oil & Gas | Senior Secured First Lien Debt, 10/16/2023 Maturity #2 | $1.26M | $1.26M | $0.00 | 17.00% | — | 2023-10-16 |
Galaxy XV CLO Ltd. | Diversified Financials | Class A Subordinated Notes., Collateralized Securities and Structured Products - Equity, 4/15/2025 Maturity | $1.21M | $1.21M | -$1.0K | — | — | 2025-04-15 |
Williams Industrial Services Group, Inc. | Services: Business | Senior Secured First Lien Debt, 12/16/2025 Maturity #1 | $1.15M | $2.30M | -$1.15M | — | +11.00% | 2025-12-16 |
Critical Nurse Staffing, LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 11/1/2026 Maturity #2 | $991.0K | $991.0K | $0.00 | — | +5.75% | 2026-11-01 |
H.W. Lochner, Inc. | Construction & Building | Senior Secured First Lien Debt, 7/2/2027 Maturity #3 | $970.0K | $965.0K | $5.0K | — | +6.25% | 2027-07-02 |
NSG Co-Invest (Bermuda) LP | Consumer Goods: Durable | Partnership Interests., Equity | $939.0K | $1.00M | -$61.0K | — | — | — |
Dermcare Management, LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 4/22/2028 Maturity #3 | $896.0K | $896.0K | $0.00 | — | +6.00% | 2028-04-22 |
Rogers Mechanical Contractors, LLC. | Construction & Building | Senior Secured First Lien Debt, 9/9/2025 Maturity #2 | $887.0K | $890.0K | -$3.0K | — | +8.00% | 2025-09-09 |
GSC Technologies Inc. | Chemicals, Plastics & Rubber | Senior Secured First Lien Debt, 9/30/2025 Maturity #2 | $883.0K | $957.0K | -$74.0K | — | +5.00% | 2025-09-30 |
Yak Holding II, LLC | Construction & Building | Series A Common Units, Equity | $871.0K | — | — | — | — | — |
Ascent Resources - Marcellus, LLC | Energy: Oil & Gas | Membership Units., Equity | $777.0K | $1.64M | -$865.0K | — | — | — |
Entertainment Studios P&A LLC. | Media: Diversified & Production | Senior Secured First Lien Debt, 5/18/2037 Maturity | $776.0K | — | — | 5.00% | — | 2037-05-18 |
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 | $688.0K | $1.32M | -$634.0K | — | +9.50% | 2024-11-29 |
CF Arch Holdings LLC | Services: Business | Class A Units, Equity | $640.0K | $381.0K | $259.0K | — | — | — |
Service Compression, LLC | Energy: Oil & Gas | Warrants., Equity | $635.0K | $509.0K | $126.0K | — | — | — |
Spinal USA, Inc. | Healthcare & Pharmaceuticals | / Precision Medical Inc., Senior Secured First Lien Debt, 11/29/2024 Maturity #6 | $621.0K | $615.0K | $6.0K | — | +9.50% | 2024-11-29 |
NS NWN Holdco LLC | High Tech Industries | Non-Voting Units, Equity | $574.0K | $504.0K | $70.0K | — | — | — |
Ironhorse Purchaser, LLC. | Services: Business | Senior Secured First Lien Debt, 9/30/2027 Maturity #3 | $517.0K | $510.0K | $7.0K | — | +6.50% | 2027-09-30 |
First American Treasury Obligations Fund | — | Class Z Shares | $498.0K | $498.0K | $0.00 | — | — | — |
Instant Web, LLC. | Media: Advertising, Printing & Publishing | Senior Secured First Lien Debt, 2/25/2027 Maturity #3 | $495.0K | $482.0K | $13.0K | — | +3.75% | 2027-02-25 |
Spinal USA, Inc. | Healthcare & Pharmaceuticals | / Precision Medical Inc., Senior Secured First Lien Debt, 11/29/2024 Maturity #3 | $442.0K | $816.0K | -$374.0K | — | +9.50% | 2024-11-29 |
FWS Parent Holdings, LLC | Services: Business | Class A Membership Interests, Equity | $430.0K | $800.0K | -$370.0K | — | — | — |
Spinal USA, Inc. | Healthcare & Pharmaceuticals | / Precision Medical Inc., Senior Secured First Lien Debt, 11/29/2024 Maturity #4 | $420.0K | $807.0K | -$387.0K | — | +9.50% | 2024-11-29 |
RA Outdoors, LLC. | Media: Diversified & Production | Senior Secured First Lien Debt, 4/8/2026 Maturity #2 | $415.0K | $414.0K | $1.0K | — | +6.75% | 2026-04-08 |
Sleep Opco, LLC. | Retail | Senior Secured First Lien Debt, 10/12/2026 Maturity #2 | $402.0K | $386.0K | $16.0K | — | +7.00% | 2026-10-12 |
WorkGenius, LLC | Services: Business | Class A Units., Equity | $394.0K | $500.0K | -$106.0K | — | — | — |
Spinal USA, Inc. | Healthcare & Pharmaceuticals | / Precision Medical Inc., Senior Secured First Lien Debt, 11/29/2024 Maturity #5 | $377.0K | $647.0K | -$270.0K | — | +9.50% | 2024-11-29 |
GSC Technologies Inc. | Chemicals, Plastics & Rubber | Common Shares., Equity | $323.0K | — | — | — | — | — |
Instant Web, LLC. | Media: Advertising, Printing & Publishing | Senior Secured First Lien Debt, 2/25/2027 Maturity #4 | $316.0K | $325.0K | -$9.0K | — | — | 2027-02-25 |
KNB Holdings Corp. | Consumer Goods: Durable | Senior Secured First Lien Debt, 4/26/2024 Maturity | $305.0K | $7.39M | -$7.08M | — | +5.50% | 2024-04-26 |
RumbleOn, Inc. | Automotive | Warrants, Equity, 8/14/2028 Maturity | $257.0K | $378.0K | -$121.0K | — | — | 2028-08-14 |
Instant Web, LLC | Media: Advertising, Printing & Publishing | First Lien Delayed Draw Term Loan, Non-Controlled, Affiliated Investments | $243.0K | — | — | — | — | — |
Invincible Boat Company LLC. | Consumer Goods: Durable | Senior Secured First Lien Debt, 8/28/2025 Maturity #2 | $239.0K | $239.0K | $0.00 | — | +6.50% | 2025-08-28 |
Williams Industrial Services Group, Inc. | Services: Business | Senior Secured First Lien Debt, 12/16/2025 Maturity #2 | $214.0K | $428.0K | -$214.0K | — | +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 |
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 |
Thrill Holdings LLC. | Media: Diversified & Production | Senior Secured First Lien Debt, 5/27/2024 Maturity #3 | $98.0K | — | — | — | — | 2024-05-27 |
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, 5/27/2027 Maturity #2 | $52.0K | — | — | — | — | 2027-05-27 |
Service Compression, LLC. | Energy: Oil & Gas | Senior Secured First Lien Debt, 5/5/2025 Maturity | $40.0K | — | — | — | — | 2025-05-06 |
Country Fresh Holdings, LLC. | Beverage, Food & Tobacco | Senior Secured First Lien Debt, 4/30/2024 Maturity #1 | $36.0K | $645.0K | -$609.0K | — | +6.00% | 2024-04-30 |
APIDOS CLO XVI Subordinated Notes., Collateralized Securities and Structured Products | Diversified Financials | Equity, 1/19/2025 Maturity | $18.0K | $1.22M | -$1.20M | — | — | 2025-01-19 |
Country Fresh Holdings, LLC. | Beverage, Food & Tobacco | Senior Secured First Lien Debt, 4/30/2024 Maturity #2 | $15.0K | $268.0K | -$253.0K | — | +6.00% | 2024-04-30 |
OpCo Borrower, LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 8/19/2027 Maturity #3 | $10.0K | — | — | — | — | 2027-08-19 |
Archer Systems, LLC | Services: Business | Senior Secured First Lien Debt, 8/11/2027 Maturity #2 | $7.0K | -$15.0K | $22.0K | — | — | 2027-08-11 |
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 |
Coyote Buyer, LLC. | Chemicals, Plastics & Rubber | Senior Secured First Lien Debt, 2/6/2025 Maturity #3 | -$6.0K | — | — | — | — | 2025-02-06 |
Mimeo.com, Inc. | Media: Advertising, Printing & Publishing | Senior Secured First Lien Debt, 12/21/2024 Maturity #3 | -$8.0K | — | — | — | — | 2024-12-21 |
NWN Parent Holdings LLC. | High Tech Industries | Senior Secured First Lien Debt, 5/7/2026 Maturity #3 | -$9.0K | -$13.0K | $4.0K | — | — | 2026-05-07 |
Rogers Mechanical Contractors, LLC. | Construction & Building | Senior Secured First Lien Debt, 9/9/2025 Maturity #4 | -$9.0K | — | — | — | — | 2025-09-09 |
Sleep Opco, LLC. | Retail | Senior Secured First Lien Debt, 10/12/2026 Maturity #4 | -$9.0K | -$21.0K | $12.0K | — | — | 2026-10-12 |
Anthem Sports & Entertainment Inc. | Media: Diversified & Production | Senior Secured First Lien Debt, 11/15/2026 Maturity #3 | -$10.0K | — | — | — | — | 2026-11-15 |
MacNeill Pride Group Corp. | Services: Consumer | Senior Secured First Lien Debt, 4/30/2024 Maturity | -$10.0K | -$12.0K | $2.0K | — | — | 2024-04-30 |
Cennox, Inc. | Services: Business | Senior Secured First Lien Debt, 11/22/2023 Maturity #4 | -$18.0K | -$41.0K | $23.0K | — | — | 2023-11-22 |
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 |
ESP Associates, Inc. | Construction & Building | Senior Secured First Lien Debt, 7/24/2028 Maturity #2 | -$26.0K | -$26.0K | $0.00 | — | — | 2028-07-24 |
Bradshaw International Parent Corp. | Consumer Goods: Durable | Senior Secured First Lien Debt, 10/21/2026 Maturity #1 | -$32.0K | -$29.0K | -$3.0K | — | — | 2026-10-21 |
BDS Solutions Intermediateco, LLC | Services: Business | Senior Secured First Lien Debt, 2/7/2027 Maturity #3 | -$63.0K | — | — | — | — | 2027-02-07 |
Instant Web, LLC. | Media: Advertising, Printing & Publishing | Senior Secured First Lien Debt, 2/25/2027 Maturity #5 | -$73.0K | — | — | — | — | 2027-02-25 |
HW Acquisition, LLC. | Capital Equipment | Senior Secured First Lien Debt, 9/28/2026 Maturity #3 | -$193.0K | -$18.0K | -$175.0K | — | — | 2026-09-28 |
American Health Staffing Group, Inc. | Services: Business | Senior Secured First Lien Debt, 11/19/2026 Maturity #2 | — | -$21.0K | — | — | — | 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% | — | — |
Critical Nurse Staffing, LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 11/1/2026 Maturity #4 | — | — | — | — | — | 2026-11-01 |
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, 10/22/2023 Maturity #4 | — | — | — | — | — | 2023-10-22 |
Dermcare Management, LLC. | Healthcare & Pharmaceuticals | Senior Secured First Lien Debt, 4/22/2028 Maturity #5 | — | — | — | — | — | 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, 10/16/2023 Maturity #3 | — | — | — | 0.00% | — | 2023-10-16 |
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 |
Jenny C Acquisition, Inc. | Services: Consumer | Senior Secured First Lien Debt, 10/1/2024 Maturity #1 | — | — | — | — | +9.00% | 2024-10-01 |
Language Education Holdings GP LLC | Services: Business | Common Units., Equity | — | — | — | — | — | — |
RA Outdoors, LLC. | Media: Diversified & Production | Senior Secured First Lien Debt, 4/8/2026 Maturity #3 | — | -$86.0K | — | — | — | 2026-04-08 |
Robert C. Hilliard | L.L.P. | Senior Secured First Lien Debt | — | — | — | 17.44% | — | — |
Disclosed holdings FV
$1.84B
Parsed holdings FV
$1.85B
Residual gap
-$826.0K
Balance-sheet cash
$6.80M
CIK
0001534254
Accession
0001534254-23-000018
Form type
10-Q
Period
2023-09-30