BDC·info
MSIF

MSC Income Fund

Period
SEC EDGAR ↗
Portfolio Fair Value
$1.29B
432 holdings
Avg Spread
+6.82%
FV-weighted, debt
Avg Coupon
11.55%
FV-weighted
% First Lien
75.3%
of debt FV
Unrealized P/L
+$81.10M
+6.73% of cost
Non-Accrual
23
text-detected

Balance sheet

Assets$1.32B
Liabilities + Equity$1.32B
First Lien
$949.44M · 71.8%
Equity
$259.69M · 19.6%
Debt (Borrowings)
$570.22M · 43.1%
Net Assets (Equity)
$718.94M · 54.4%

Industry Composition

Commercial & Professional Services
23.9%
Capital Goods
17.2%
Materials
10.3%
Consumer Durables & Apparel
6.5%
Technology Hardware & Equipment
4.7%
Health Care Equipment & Services
4.6%
Consumer Services
4.2%
Software & Services
4.1%
Transportation
3.0%
Unclassified
2.6%
Diversified Financials
2.4%
Consumer Discretionary Distribution & Retail
2.4%
Other industries
14.2%

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
Q1 '26
Q2 '26

Spread Distribution

3.5%
4.0%
4.5%
5.0%
5.5%
6.0%
6.5%
7.0%
7.5%
8.0%
8.5%
9.0%
9.5%
10.0%
11.0%
Schedule of Investments

All holdings

All holdings
Sortable, click headers to re-sort
432 of 508
IssuerIndustryType
Fair Value
Cost
Unrealized
Coupon
Spread
Maturity
South Coast Terminals Holdings, LLC
Materials
Secured Debt #2
$33.21M
$33.19M
$29.0K
9.67%+5.25%
2029-08-08
Gamber-Johnson Holdings, LLC
Technology Hardware & Equipment
Member Unit
$28.69M
$4.42M
$24.27M
——
—
Electro Technical Industries, LLC
Capital Goods
Secured Debt #2
$26.52M
$26.52M
$0.00
10.30%+6.00%
2030-03-31
GRT Rubber Technologies LLC
Materials
Member Units
$22.60M
$6.43M
$16.16M
——
—
SI East, LLC
Materials
Secured Debt #2
$22.55M
$22.53M
$20.0K
12.82%—
2028-06-16
GRT Rubber Technologies LLC
Materials
Secured Debt #2
$19.94M
$19.86M
$79.0K
12.48%+8.00%
2026-10-29
UPS Intermediate, LLC
Capital Goods
Secured Debt
$19.11M
$19.09M
$24.0K
10.57%+6.25%
2029-07-27
Gamber-Johnson Holdings, LLC
Technology Hardware & Equipment
Secured Debt #2
$18.28M
$18.18M
$106.0K
11.50%+7.50%
2028-01-01
JDC Power Services, LLC
Capital Goods
Secured Debt #2
$17.56M
$17.19M
$367.0K
10.80%+6.50%
2029-06-28
Ansira Partners II, LLC
Commercial & Professional Services
Secured Debt #2
$17.40M
$17.26M
$135.0K
11.07%+6.75%
2029-07-01
Cody Pools, Inc.
Other
Preferred Member Units
$17.37M
$2.08M
$15.29M
——
—
Creative Foam Corporation
Capital Goods
Secured Debt #3
$17.11M
$16.77M
$337.0K
10.57%+6.25%
2029-06-27
Invincible Boat Company, LLC.
Consumer Durables & Apparel
Secured Debt #2
$15.87M
$16.59M
-$727.0K
11.97%+7.50%
2026-12-31
Insight Borrower Corporation
Capital Goods
Secured Debt #3
$15.60M
$16.52M
-$919.0K
10.54%+6.25%
2029-07-19
Hornblower Sub, LLC
Transportation
Secured Debt #2
$15.21M
$15.31M
-$96.0K
9.81%+5.50%
2029-07-03
Computer Data Source, LLC
Commercial & Professional Services
Secured Debt #2
$15.01M
$16.24M
-$1.23M
12.70%+8.25%
2026-08-06
Integral Energy Services
Commercial & Professional Services
Secured Debt #1
$14.89M
$15.00M
-$115.0K
12.07%+7.50%
2026-08-20
West Star Aviation Acquisition, LLC
Capital Goods
Secured Debt #2
$14.81M
$14.78M
$32.0K
9.32%+5.00%
2028-03-01
NinjaTrader, LLC
Diversified Financials
Secured Debt #2
$14.40M
$14.30M
$101.0K
10.96%+6.50%
2026-12-18
GradeEight Corp.
Consumer Services
Secured Debt #3
$14.37M
$14.47M
-$96.0K
11.57%+7.25%
2029-10-04
First American Treasury Obligations Fund Class Z
Money market funds (included in cash and cash equivalents)
—
$13.97M
$13.97M
$0.00
4.21%—
—
Titan Meter Midco Corp.
Energy
Secured Debt #2
$13.05M
$12.69M
$360.0K
10.80%+6.50%
2029-03-11
BDB Holdings, LLC
Consumer Services
Preferred Equity
$12.61M
$13.03M
-$415.0K
——
—
Vitesse Systems
Capital Goods
Secured Debt #2
$12.34M
$12.11M
$230.0K
11.44%+7.00%
2028-12-22
Implus Footcare, LLC
Consumer Durables & Apparel
Secured Debt
$12.26M
$17.02M
-$4.76M
13.73%+7.75%
2025-07-31
Northwind Midstream Partners LLC
Energy
Secured Debt
$12.25M
$12.25M
$0.00
10.70%—
2030-03-18
RA Outdoors LLC
Software & Services
Secured Debt #3
$12.12M
$13.28M
-$1.15M
11.25%+6.75%
2026-04-08
Obra Capital, Inc.
Diversified Financials
Secured Debt #2
$11.76M
$11.65M
$105.0K
11.93%+7.50%
2029-06-21
Logix Acquisition Company, LLC
Telecommunication Services
Secured Debt
$11.32M
$12.67M
-$1.35M
12.25%+4.25%
2024-12-22
BP Loenbro Holdings Inc.
Commercial & Professional Services
Secured Debt #3
$11.14M
$10.97M
$173.0K
10.14%+5.75%
2029-02-01
Burning Glass Intermediate Holding Company, Inc.
Commercial & Professional Services
Secured Debt #2
$10.96M
$10.86M
$94.0K
9.45%+5.00%
2028-06-10
Mills Fleet Farm Group, LLC
Consumer Discretionary Distribution & Retail
Common Equity
$10.77M
$11.17M
-$396.0K
——
2026-12-31
Creative Foam Corporation
Capital Goods
Secured Debt #2
$10.73M
$10.55M
$179.0K
10.55%+6.25%
2029-06-27
Richardson Sales Solutions
Commercial & Professional Services
Secured Debt #2
$10.22M
$10.01M
$213.0K
10.80%+6.50%
2028-08-24
Flame King Holdings, LLC
Consumer Discretionary Distribution & Retail
Preferred Equity
$9.84M
$2.60M
$7.24M
——
—
Hawk Ridge Systems, LLC
Commercial & Professional Services
Secured Debt #2
$9.74M
$9.73M
$18.0K
12.50%—
2026-01-15
Garyline, LLC
Consumer Durables & Apparel
Secured Debt #2
$9.54M
$9.34M
$207.0K
11.17%+6.75%
2028-11-10
Winter Services LLC
Commercial & Professional Services
Secured Debt #3
$8.88M
$8.93M
-$44.0K
11.57%+7.00%
2026-11-19
Winter Services LLC
Commercial & Professional Services
Secured Debt #4
$8.88M
$8.93M
-$44.0K
13.57%+9.00%
2026-11-19
IG Investor, LLC
Consumer Durables & Apparel
Secured Debt #2
$8.77M
$8.60M
$168.0K
13.00%—
2028-06-21
LL Management, Inc.
Health Care Equipment & Services
Secured Debt #5
$8.70M
$8.64M
$52.0K
11.67%+7.25%
2025-12-31
Harris Preston Fund Investments, LP
—
Interests (2717 MH, L.P.)
$8.65M
$3.42M
$5.23M
——
—
Chamberlin Holding LLC
Commercial & Professional Services
Member Units #1
$8.56M
$2.86M
$5.70M
——
—
Coregistics Buyer LLC
Commercial & Professional Services
Secured Debt #4
$8.20M
$8.41M
-$210.0K
10.57%+6.25%
2029-06-28
FCC Intermediate Holdco, LLC
Commercial & Professional Services
Secured Debt
$8.10M
$7.11M
$993.0K
13.00%—
2029-05-29
Rug Doctor, LLC.
Household & Personal Products
Secured Debt #2
$8.09M
$8.08M
$11.0K
12.49%+8.00%
2025-11-16
Hybrid Promotions, LLC
Consumer Durables & Apparel
Secured Debt
$8.00M
$7.87M
$129.0K
12.82%+8.25%
2027-12-31
Power System Solutions
Utilities
Secured Debt #3
$7.84M
$7.69M
$150.0K
10.82%+6.50%
2028-06-07
LL Management, Inc.
Health Care Equipment & Services
Secured Debt #2
$7.83M
$7.78M
$44.0K
11.67%+7.25%
2025-12-31
Brightwood Capital Fund Investments, LP
—
Interests (Brightwood Capital Fund IV, LP)
$7.70M
$7.74M
-$33.0K
——
—
Victory Energy Operations, LLC
Capital Goods
Secured Debt #2
$7.54M
$7.54M
$0.00
13.00%—
2029-10-03
American Health Staffing Group, Inc.
Commercial & Professional Services
Secured Debt #2
$7.38M
$7.36M
$25.0K
12.50%+5.00%
2026-11-19
West Star Aviation Acquisition, LLC
Capital Goods
Secured Debt #3
$7.37M
$7.35M
$21.0K
9.32%+5.00%
2028-03-01
ArborWorks, LLC
Commercial & Professional Services
Preferred Equity #1
$7.35M
$7.47M
-$119.0K
——
—
Pinnacle TopCo, LLC
Consumer Staples Distribution & Retail
Secured Debt #2
$7.16M
$7.03M
$132.0K
13.00%—
2028-12-31
Harris Preston Fund Investments, LP
—
Interests (HPEP 3, L.P.)
$7.09M
$6.54M
$550.0K
——
—
Independent Pet Partners Intermediate Holdings, LLC
Consumer Services
Common Equity
$7.09M
—
—
——
—
CQ Fluency, LLC
Commercial & Professional Services
Secured Debt #3
$7.02M
$6.99M
$30.0K
11.15%+6.75%
2027-06-27
Escalent, Inc.
Commercial & Professional Services
Secured Debt #3
$6.84M
$6.70M
$140.0K
12.40%+8.00%
2029-04-07
Nello Industries Investco, LLC
Capital Goods
Secured Debt #2
$6.63M
—
—
13.50%—
—
Mystic Logistics Holdings, LLC
Transportation
Common Stock
$6.59M
$680.0K
$5.91M
——
—
Rug Doctor, LLC.
Household & Personal Products
Secured Debt #1
$6.58M
$6.57M
$8.0K
12.49%+8.00%
2025-11-16
Slick Innovations, LLC
Commercial & Professional Services
Secured Debt
$6.47M
$6.35M
$119.0K
14.00%—
2030-03-21
VVS Holdco LLC
Consumer Staples Distribution & Retail
Secured Debt #2
$6.38M
$6.38M
$0.00
11.50%—
2026-12-01
Cody Pools, Inc.
Other
Secured Debt #2
$6.33M
$6.32M
$11.0K
12.50%—
2026-12-17
Computer Data Source, LLC
Commercial & Professional Services
Secured Debt #1
$6.17M
$6.67M
-$499.0K
12.70%+8.25%
2026-08-06
IG Parent Corporation
Software & Services
Secured Debt #2
$6.15M
$6.11M
$47.0K
10.17%+5.75%
2028-07-30
Centre Technologies Holdings, LLC
Technology Hardware & Equipment
Secured Debt #2
$6.12M
$6.09M
$23.0K
14.48%+10.00%
2028-01-04
KMS, LLC
Wholesaler of Closeout and Value-Priced Products
Preferred Equity
$6.11M
$6.11M
$0.00
——
—
PrimeFlight Aviation Services
Transportation
Secured Debt #1
$5.89M
$5.75M
$149.0K
10.58%+5.50%
2029-05-01
ZRG Partners, LLC
Commercial & Professional Services
Secured Debt #4
$5.83M
$5.74M
$97.0K
10.30%+6.00%
2029-06-14
Inspire Aesthetics Management, LLC
Health Care Equipment & Services
Secured Debt #2
$5.68M
$6.13M
-$456.0K
14.42%+10.00%
2028-04-03
Bettercloud, Inc.
Software & Services
Secured Debt #2
$5.66M
$9.14M
-$3.48M
14.76%+10.25%
2028-06-30
Orttech Holdings, LLC
Capital Goods
Secured Debt #2
$5.39M
$5.36M
$28.0K
15.48%+11.00%
2026-07-31
Hawk Ridge Systems, LLC
Commercial & Professional Services
Preferred Member Units #1
$5.28M
$713.0K
$4.57M
——
—
MonitorUS Holding, LLC
Software & Services
Secured Debt #3
$5.20M
$5.16M
$43.0K
10.81%+6.25%
2027-05-24
LL Management, Inc.
Health Care Equipment & Services
Secured Debt #3
$5.17M
$5.14M
$29.0K
11.67%+7.25%
2025-12-31
Richardson Sales Solutions
Commercial & Professional Services
Secured Debt #3
$5.03M
$4.95M
$86.0K
10.79%+6.50%
2028-08-24
Pinnacle TopCo, LLC
Consumer Staples Distribution & Retail
Preferred Equity
$5.03M
$3.13M
$1.90M
——
—
HEADLANDS OP-CO LLC
Health Care Equipment & Services
Secured Debt #4
$4.86M
$4.82M
$46.0K
10.82%+6.50%
2027-08-01
SPAU Holdings, LLC
Consumer Durables & Apparel
Secured Debt #2
$4.86M
$4.82M
$43.0K
11.95%+7.50%
2027-07-01
Direct Marketing Solutions, Inc.
Commercial & Professional Services
Preferred Stock
$4.62M
$2.10M
$2.52M
——
—
NuStep, LLC
Designer
Secured Debt #2
$4.61M
$4.61M
$0.00
12.00%—
2025-01-31
Direct Marketing Solutions, Inc.
Commercial & Professional Services
Secured Debt #2
$4.58M
$4.58M
$9.0K
14.00%—
2026-02-13
HPEP 3, L.P.
LP Interest
LP Interests (HPEP 3, L.P.)
$4.46M
—
—
——
—
Harris Preston Fund Investments
Diversified Financials
LP Interests (HPEP 3, L.P.)
$4.46M
$2.09M
$2.37M
——
—
IG Investor, LLC
Consumer Durables & Apparel
Common Equity
$4.45M
$3.60M
$850.0K
——
—
YS Garments, LLC
Consumer Durables & Apparel
Secured Debt
$4.41M
$5.01M
-$601.0K
11.90%+7.50%
2026-08-09
ArborWorks, LLC
Commercial & Professional Services
Secured Debt #2
$4.40M
$4.40M
$0.00
10.92%+6.50%
2028-11-06
Iron-Main Investments, LLC
Commercial & Professional Services
Secured Debt #4
$4.35M
$4.35M
$0.00
13.00%—
2028-01-31
Chamberlin Holding LLC
Commercial & Professional Services
Secured Debt #2
$4.30M
$4.30M
$3.0K
12.49%+8.00%
2026-02-26
Compass Systems & Sales, LLC
Capital Goods
Secured Debt #2
$4.21M
$4.21M
$0.00
13.50%—
2028-11-22
DMA Industries, LLC.
—
Secured Debt #2
$4.16M
$4.16M
$0.00
12.00%—
2029-06-18
SI East, LLC
Materials
Preferred Member Units
$4.15M
$508.0K
$3.64M
——
—
Nello Industries Investco, LLC
Capital Goods
Common Equity
$4.12M
$3.03M
$1.09M
——
—
Event Holdco, LLC
Software & Services
Secured Debt #2
$3.99M
$3.98M
$9.0K
12.56%+8.00%
2026-12-22
Bond Brand Loyalty ULC
Commercial & Professional Services
Secured Debt #2
$3.99M
$3.94M
$49.0K
10.46%+6.00%
2028-05-01
Bond Brand Loyalty ULC
Commercial & Professional Services
Secured Debt #3
$3.99M
$3.94M
$49.0K
12.46%+8.00%
2028-05-01
Charps, LLC
Commercial & Professional Services
Preferred Member Units
$3.90M
—
—
——
—
Roof Opco, LLC
Capital Goods
Secured Debt #2
$3.85M
$4.17M
-$323.0K
11.57%+7.00%
2026-08-27
Roof Opco, LLC
Capital Goods
Secured Debt #3
$3.82M
$4.17M
-$348.0K
13.57%+9.00%
2026-08-27
Infinity X1 Holdings, LLC
Capital Goods
Secured Debt
$3.71M
$3.66M
$43.0K
12.00%—
2028-03-31
FCC Intermediate Holdco, LLC
Commercial & Professional Services
Warrants
$3.66M
$980.0K
$2.68M
——
—
Victory Energy Operations, LLC
Capital Goods
Preferred Equity
$3.64M
$3.64M
$0.00
——
—
Jackmont Hospitality, Inc.
Consumer Services
Secured Debt #4
$3.63M
$3.60M
$37.0K
11.68%+7.00%
2026-11-04
LLFlex, LLC
Materials
Secured Debt
$3.63M
$4.60M
-$969.0K
12.46%+8.00%
2026-08-16
Colonial Electric Company LLC
Commercial & Professional Services
Preferred Member Units #1
$3.58M
—
—
——
—
Centre Technologies Holdings, LLC
Technology Hardware & Equipment
Preferred Member Units
$3.57M
$1.60M
$1.97M
——
—
Kickhaefer Manufacturing Company, LLC
Materials
Secured Debt #1
$3.54M
$3.54M
$0.00
11.50%—
2026-10-31
Colonial Electric Company LLC
Commercial & Professional Services
Secured Debt #2
$3.50M
$3.48M
$18.0K
12.00%—
2026-03-31
Orttech Holdings, LLC
Capital Goods
Preferred Stock
$3.36M
$2.50M
$860.0K
——
—
NexRev LLC
Utilities
Preferred Member Units
$3.35M
—
—
——
—
West Star Aviation Acquisition, LLC
Capital Goods
Secured Debt #1
$3.34M
$3.33M
$8.0K
9.32%+5.00%
2028-03-01
AVEX Aviation Holdings, LLC
Transportation
Secured Debt #2
$3.32M
$3.26M
$66.0K
11.70%+7.25%
2027-12-23
MonitorUS Holding, LLC
Software & Services
Secured Debt #2
$3.28M
$3.04M
$247.0K
10.55%+6.25%
2027-05-24
Winter Services LLC
Commercial & Professional Services
Secured Debt #1
$3.27M
$3.29M
-$18.0K
12.56%+8.00%
2026-11-19
Channel Partners Intermediateco, LLC
Consumer Services
Secured Debt #2
$3.25M
$3.29M
-$45.0K
11.55%+7.00%
2027-02-07
Kickhaefer Manufacturing Company, LLC
Materials
Preferred Equity
$3.22M
$3.06M
$160.0K
——
—
Mini Melts of America, LLC
Food, Beverage & Tobacco
Secured Debt #4
$3.08M
$3.13M
-$52.0K
11.56%+7.25%
2028-11-30
Mini Melts of America, LLC
Food, Beverage & Tobacco
Secured Debt #3
$3.08M
$3.14M
-$55.0K
9.56%+5.25%
2028-11-30
VVS Holdco LLC
Consumer Staples Distribution & Retail
Preferred Equity
$3.06M
$3.06M
$0.00
——
—
NuStep, LLC
Designer
Preferred Member Units #2
$3.05M
$2.97M
$84.0K
——
—
Digital Products Holdings LLC
Consumer Durables & Apparel
Secured Debt
$3.03M
$3.06M
-$35.0K
14.38%+10.00%
2026-04-27
UserZoom Technologies, Inc.
Software & Services
Secured Debt
$3.00M
$2.94M
$58.0K
11.80%+7.50%
2029-04-05
B-O-F Corporation
Capital Goods
Secured Debt #2
$2.95M
$2.95M
$0.00
9.04%+4.75%
2030-02-03
B-O-F Corporation
Capital Goods
Secured Debt #3
$2.95M
$2.95M
$0.00
11.04%+6.75%
2030-02-03
Connect Telecommunications Solutions Holdings, Inc.
Materials
Secured Debt
$2.94M
$2.94M
$0.00
13.00%—
2029-10-09
AAC Holdings, Inc.
Health Care Equipment & Services
Preferred Equity
$2.93M
$2.93M
$0.00
——
—
OnPoint Industrial Services, LLC
Commercial & Professional Services
Secured Debt #2
$2.91M
$2.89M
$20.0K
11.30%+7.00%
2027-11-16
Bluestem Brands, Inc.
Consumer Discretionary Distribution & Retail
Secured Debt #3
$2.90M
$4.23M
-$1.33M
12.95%+8.50%
2025-08-28
Coregistics Buyer LLC
Commercial & Professional Services
Secured Debt #2
$2.86M
$2.81M
$58.0K
10.32%+6.00%
2029-06-28
JTI Electrical & Mechanical, LLC
Capital Goods
Secured Debt #2
$2.79M
$2.92M
-$132.0K
10.80%+6.25%
2026-12-22
Clad-Rex Steel, LLC
Materials
Member Units #1
$2.76M
$1.82M
$940.0K
——
—
U.S. TelePacific Corp.
Technology Hardware & Equipment
Secured Debt #1
$2.70M
$2.01M
$693.0K
11.90%+7.40%
2027-05-02
Power System Solutions
Utilities
Secured Debt #2
$2.63M
$2.58M
$54.0K
10.82%+6.50%
2028-06-07
Garyline, LLC
Consumer Durables & Apparel
Secured Debt #1
$2.63M
$2.57M
$56.0K
11.16%+6.75%
2028-11-10
Bluestem Brands, Inc.
Consumer Discretionary Distribution & Retail
Secured Debt #2
$2.60M
$4.03M
-$1.43M
15.00%+7.50%
2025-08-28
JorVet Holdings, LLC
Health Care Equipment & Services
Secured Debt
$2.57M
$2.57M
$0.00
12.00%—
2027-03-28
American Nuts, LLC
Roaster
Preferred Equity
$2.56M
$2.56M
$0.00
——
—
Digital Products Holdings LLC
Consumer Durables & Apparel
Preferred Member Units
$2.46M
$2.38M
$84.0K
——
—
GFG Group, LLC
Materials
Preferred Member Units
$2.41M
$1.23M
$1.19M
——
—
Hornblower Sub, LLC
Transportation
Secured Debt #1
$2.40M
$2.41M
-$16.0K
9.80%+5.50%
2029-07-03
CenterPeak Holdings, LLC
Commercial & Professional Services
Secured Debt #2
$2.39M
$2.37M
$24.0K
15.00%—
2026-12-10
Microbe Formulas, LLC
Other
Secured Debt #3
$2.39M
$2.36M
$25.0K
10.07%+5.75%
2028-04-03
HEADLANDS OP-CO LLC
Health Care Equipment & Services
Secured Debt #5
$2.38M
$2.36M
$18.0K
10.82%+6.50%
2027-08-01
Xenon Arc, Inc.
Diversified Financials
Secured Debt #2
$2.32M
$2.30M
$22.0K
9.64%+5.25%
2028-12-20
Iron-Main Investments, LLC
Commercial & Professional Services
Secured Debt #5
$2.32M
$2.32M
$0.00
13.00%—
2028-01-31
Dynamic Communities, LLC
Commercial & Professional Services
Secured Debt #2
$2.30M
$2.26M
$40.0K
13.92%+9.50%
2026-12-31
Winter Services LLC
Commercial & Professional Services
Secured Debt #2
$2.30M
$2.31M
-$14.0K
12.57%+8.00%
2026-11-19
Tex Tech Tennis, LLC
Consumer Durables & Apparel
Preferred Equity
$2.29M
$1.00M
$1.29M
——
—
Dynamic Communities, LLC
Commercial & Professional Services
Secured Debt #1
$2.29M
$2.23M
$60.0K
11.92%+7.50%
2026-12-31
TEC Services, LLC
Commercial & Professional Services
Secured Debt #3
$2.27M
$2.29M
-$20.0K
10.13%+5.75%
2029-12-31
Iron-Main Investments, LLC
Commercial & Professional Services
Secured Debt #3
$2.24M
$2.24M
$0.00
13.00%—
2028-01-31
Volusion, LLC
Software & Services
Preferred Member Units #1
$2.22M
$1.57M
$646.0K
——
—
MoneyThumb Acquisition, LLC
Software & Services
Secured Debt
$2.21M
$2.21M
$0.00
14.00%—
2029-08-19
Urgent DSO LLC
Health Care Equipment & Services
Secured Debt
$2.15M
$2.15M
$0.00
13.50%—
2029-02-16
Mills Fleet Farm Group, LLC
Consumer Discretionary Distribution & Retail
Secured Debt
$2.14M
$2.14M
$0.00
9.79%+5.50%
2026-12-31
Trantech Radiator Topco, LLC
Capital Goods
Common Stock
$2.14M
$1.16M
$976.0K
——
—
Adams Publishing Group, LLC
Media & Entertainment
Secured Debt #2
$2.13M
$2.18M
-$44.0K
11.00%+7.00%
2027-03-11
Career Team Holdings, LLC
Commercial & Professional Services
Secured Debt #2
$2.12M
$2.12M
$0.00
12.50%—
2026-12-17
American Nuts, LLC
Roaster
Secured Debt #1
$2.11M
$2.11M
$0.00
12.95%+8.50%
2028-03-28
American Nuts, LLC
Roaster
Secured Debt #2
$2.11M
$2.11M
$0.00
12.95%+8.50%
2028-03-28
Watterson Brands, LLC
Commercial & Professional Services
Secured Debt #3
$2.09M
$2.21M
-$121.0K
12.00%—
2026-12-17
Island Pump and Tank, LLC
Commercial & Professional Services
Secured Debt #2
$2.06M
$2.08M
-$15.0K
10.07%+5.50%
2029-05-17
Island Pump and Tank, LLC
Commercial & Professional Services
Secured Debt #3
$2.06M
$2.08M
-$15.0K
11.07%+6.50%
2029-05-17
Island Pump and Tank, LLC
Commercial & Professional Services
Secured Debt #4
$2.06M
$2.08M
-$15.0K
12.07%+7.50%
2029-05-17
GFG Group, LLC
Materials
Secured Debt
$2.05M
$2.03M
$12.0K
8.00%—
2026-03-31
Infinity X1 Holdings, LLC
Capital Goods
Preferred Equity
$2.02M
$1.09M
$928.0K
——
—
HEADLANDS OP-CO LLC
Health Care Equipment & Services
Secured Debt #2
$1.97M
$1.95M
$21.0K
10.82%+6.50%
2027-08-01
Trantech Radiator Topco, LLC
Capital Goods
Secured Debt #2
$1.96M
$1.96M
$0.00
13.50%—
2027-05-31
VORTEQ Coil Finishers, LLC
Materials
Common Equity
$1.95M
$769.0K
$1.18M
——
—
Barfly Ventures, LLC
Consumer Services
Member Units
$1.92M
$528.0K
$1.39M
——
—
IG Parent Corporation
Software & Services
Secured Debt #3
$1.92M
$1.90M
$15.0K
10.17%+5.75%
2028-07-30
Coregistics Buyer LLC
Commercial & Professional Services
Secured Debt #3
$1.91M
$1.87M
$35.0K
10.31%+6.00%
2029-06-28
Watterson Brands, LLC
Commercial & Professional Services
Secured Debt #4
$1.89M
$2.00M
-$109.0K
12.00%—
2026-12-17
Compass Systems & Sales, LLC
Capital Goods
Preferred Equity
$1.86M
$1.86M
$0.00
——
—
CenterPeak Holdings, LLC
Commercial & Professional Services
Preferred Equity
$1.78M
$404.0K
$1.38M
——
—
Power System Solutions
Utilities
Common Equity
$1.78M
$532.0K
$1.25M
——
—
BP Loenbro Holdings Inc.
Commercial & Professional Services
Common Equity
$1.75M
$1.00M
$750.0K
——
—
Jackmont Hospitality, Inc.
Consumer Services
Preferred Eqiuty
$1.74M
$216.0K
$1.52M
——
—
Emerald Technologies Acquisition Co, Inc.
Capital Goods
Secured Debt
$1.73M
$2.29M
-$556.0K
10.67%+6.25%
2027-12-29
Titan Meter Midco Corp.
Energy
Secured Debt #3
$1.67M
$1.63M
$40.0K
10.80%+6.50%
2029-03-11
ITA Holdings Group, LLC
Health Care Equipment & Services
Warrants
$1.66M
$523.0K
$1.14M
——
2033-06-21
Interface Security Systems, L.L.C
Commercial & Professional Services
Secured Debt #1
$1.66M
$2.15M
-$494.0K
14.41%+10.00%
2023-08-07
Clad-Rex Steel, LLC
Materials
Secured Debt #2
$1.63M
$1.62M
$10.0K
9.00%—
2027-01-15
The Affiliati Network, LLC
Commercial & Professional Services
Preferred Stock #2
$1.60M
$1.60M
$0.00
——
—
Robbins Bros. Jewelry, Inc.
Consumer Durables & Apparel
Secured Debt #2
$1.59M
$3.58M
-$1.99M
12.50%—
2026-12-15
Fidelity Government Portfolio Fund Class III
Money market funds (included in cash and cash equivalents)
—
$1.56M
$1.56M
$0.00
3.98%—
—
Jackmont Hospitality, Inc.
Consumer Services
Secured Debt #1
$1.56M
$1.55M
$16.0K
11.58%+7.00%
2026-11-04
Purge Rite, LLC
Commercial & Professional Services
Common Equity
$1.56M
$13.0K
$1.55M
——
—
GRT Rubber Technologies LLC
Materials
Secured Debt #1
$1.55M
$1.54M
$10.0K
10.48%+6.00%
2026-10-29
Zips Car Wash, LLC
Consumer Services
Secured Debt #3
$1.54M
$2.08M
-$540.0K
11.91%+7.25%
2024-12-31
JorVet Holdings, LLC.
—
Preferred Eqiuty
$1.52M
$1.22M
$299.0K
——
—
NuStep, LLC
Designer
Preferred Member Units #1
$1.50M
$696.0K
$804.0K
——
—
Joerns Healthcare, LLC
Health Care Equipment & Services
Secured Debt #1
$1.49M
$1.49M
$0.00
13.14%+8.75%
2029-03-29
DMA Industries, LLC.
—
Preferred Equity #1
$1.49M
$1.49M
$0.00
——
—
Mystic Logistics Holdings, LLC
Transportation
Secured Debt #2
$1.44M
$1.43M
$3.0K
10.00%—
2027-01-31
KMS, LLC
Wholesaler of Closeout and Value-Priced Products
Secured Debt #7
$1.43M
—
—
12.50%—
—
PrimeFlight Aviation Services
Transportation
Secured Debt #5
$1.43M
$1.41M
$13.0K
9.54%+5.25%
2029-05-01
Connect Telecommunications Solutions Holdings, Inc.
Materials
Preferred Equity
$1.40M
$1.40M
$0.00
——
—
HEADLANDS OP-CO LLC
Health Care Equipment & Services
Secured Debt #3
$1.39M
$1.37M
$19.0K
10.82%+6.50%
2027-08-01
Metalforming Holdings, LLC
Capital Goods
Secured Debt #2
$1.38M
$1.38M
$0.00
9.75%—
2027-10-19
World Micro Holdings, LLC
Commercial & Professional Services
Secured Debt
$1.35M
$1.35M
$0.00
11.00%—
2027-12-12
KMS, LLC
Wholesaler of Closeout and Value-Priced Products
Secured Debt #1
$1.34M
$1.34M
$0.00
12.50%—
2028-10-01
Microbe Formulas, LLC
Other
Secured Debt #2
$1.34M
$1.32M
$16.0K
10.17%+5.75%
2028-04-03
Jackmont Hospitality, Inc.
Consumer Services
Secured Debt #3
$1.33M
$1.30M
$32.0K
11.45%+7.00%
2026-11-04
Analytical Systems Keco Holdings, LLC
Capital Goods
Preferred Member Units #1
$1.29M
$607.0K
$683.0K
——
—
Purge Rite, LLC
Commercial & Professional Services
Preferred Equity
$1.29M
$1.29M
$0.00
——
—
The Affiliati Network, LLC
Commercial & Professional Services
Secured Debt #2
$1.28M
$1.29M
-$15.0K
10.00%—
2026-08-09
Brewer Crane Holdings, LLC
Capital Goods
Secured Debt
$1.25M
$1.25M
$0.00
14.48%+10.00%
2025-12-31
Jackmont Hospitality, Inc.
Consumer Services
Secured Debt #2
$1.25M
$1.24M
$13.0K
11.45%+7.00%
2026-11-04
HDC/HW Intermediate Holdings
Software & Services
Secured Debt #1
$1.24M
$1.32M
-$88.0K
8.75%+3.50%
2026-06-21
Xenon Arc, Inc.
Diversified Financials
Secured Debt #1
$1.17M
$1.16M
$18.0K
9.65%+5.25%
2028-12-20
MonitorUS Holding, LLC
Software & Services
Secured Debt #1
$1.17M
$1.17M
$0.00
10.55%+6.25%
2027-05-24
Batjer TopCo, LLC
Commercial & Professional Services
Secured Debt #3
$1.17M
$1.17M
$0.00
11.00%—
2027-03-07
Elgin AcquireCo, LLC
Automobiles & Components
Secured Debt #2
$1.16M
$1.16M
$0.00
12.00%—
2027-10-03
RA Outdoors LLC
Software & Services
Secured Debt #1
$1.16M
$1.27M
-$111.0K
11.25%+6.75%
2026-04-08
Inspire Aesthetics Management, LLC
Health Care Equipment & Services
Secured Debt #3
$1.14M
$1.24M
-$92.0K
14.42%+10.00%
2028-04-03
Joerns Healthcare, LLC
Health Care Equipment & Services
Secured Debt #2
$1.13M
$1.13M
$0.00
13.14%+8.75%
2029-03-29
Iron-Main Investments, LLC
Commercial & Professional Services
Secured Debt #1
$1.11M
$1.11M
$0.00
13.00%—
2028-01-31
ITA Holdings Group, LLC
Health Care Equipment & Services
Secured Debt #3
$1.11M
$954.0K
$156.0K
11.96%+7.50%
2027-06-21
ITA Holdings Group, LLC
Health Care Equipment & Services
Secured Debt #4
$1.11M
$954.0K
$156.0K
13.96%+9.50%
2027-06-21
Urgent DSO LLC
Health Care Equipment & Services
Preferred Equity
$1.10M
$1.10M
$0.00
9.00%—
—
PTL US Bidco, Inc
Capital Goods
Secured Debt #2
$1.10M
$1.10M
$1.0K
12.84%+8.25%
2027-08-19
ArborWorks, LLC
Commercial & Professional Services
Secured Debt #1
$1.10M
$1.10M
$0.00
15.00%—
2028-11-06
AAC Holdings, Inc.
Health Care Equipment & Services
Secured Debt #1
$1.07M
$1.07M
$0.00
——
2030-03-31
AAC Holdings, Inc.
Health Care Equipment & Services
Secured Debt #2
$1.07M
$1.07M
$0.00
——
2030-03-31
OnPoint Industrial Services, LLC
Commercial & Professional Services
Secured Debt #1
$1.05M
$1.04M
$9.0K
11.30%+7.00%
2027-11-16
Brewer Crane Holdings, LLC
Capital Goods
Preferred Member Units
$1.03M
$1.07M
-$40.0K
——
—
Mini Melts of America, LLC
Food, Beverage & Tobacco
Secured Debt #1
$1.03M
$1.04M
-$16.0K
10.56%+6.25%
2028-11-30
Analytical Systems Keco Holdings, LLC
Capital Goods
Secured Debt #2
$1.00M
$1.00M
$0.00
17.50%—
2029-08-16
Student Resource Center, LLC
Commercial & Professional Services
Secured Debt #2
$1.00M
$5.42M
-$4.42M
8.50%—
2027-12-31
ZRG Partners, LLC
Commercial & Professional Services
Secured Debt #2
$1.00M
$975.0K
$25.0K
10.27%+6.00%
2029-06-14
Invincible Boat Company, LLC.
Consumer Durables & Apparel
Secured Debt #1
$988.0K
$1.03M
-$46.0K
11.97%+7.50%
2026-12-31
Student Resource Center, LLC
Commercial & Professional Services
Secured Debt #1
$980.0K
$232.0K
$748.0K
8.50%—
2027-12-31
Kickhaefer Manufacturing Company, LLC
Materials
Secured Debt #2
$979.0K
$979.0K
$0.00
9.00%—
2048-10-31
Brightwood Capital Fund Investments, LP
—
Interests (Brightwood Capital Fund III, LP)
$969.0K
$1.87M
-$901.0K
——
—
Adams Publishing Group, LLC
Media & Entertainment
Secured Debt #1
$928.0K
$948.0K
-$20.0K
11.00%+7.00%
2027-03-11
ATS Operating, LLC
Consumer Discretionary Distribution & Retail
Secured Debt #2
$925.0K
$917.0K
$8.0K
9.57%+5.00%
2027-01-18
ATS Operating, LLC
Consumer Discretionary Distribution & Retail
Secured Debt #3
$925.0K
$917.0K
$8.0K
11.57%+7.00%
2027-01-18
Chamberlin Holding LLC
Commercial & Professional Services
Member Units #2
$908.0K
$443.0K
$465.0K
——
—
NuStep, LLC
Designer
Secured Debt #1
$900.0K
$900.0K
$0.00
10.98%+6.50%
2025-01-31
Volusion, LLC
Software & Services
Secured Debt
$900.0K
$900.0K
$0.00
10.00%—
2025-03-31
Binswanger Enterprises, LLC
Commercial & Professional Services
Member Units
$880.0K
$1.05M
-$170.0K
——
—
Datacom, LLC
Technology Hardware & Equipment
Secured Debt #2
$876.0K
$876.0K
$0.00
10.00%—
2025-12-31
LL Management, Inc.
Health Care Equipment & Services
Secured Debt #4
$858.0K
$853.0K
$5.0K
11.67%+7.25%
2025-12-31
DMA Industries, LLC.
—
Preferred Equity #2
$840.0K
$840.0K
$0.00
15.00%—
—
Mini Melts of America, LLC
Food, Beverage & Tobacco
Secured Debt #2
$826.0K
$840.0K
-$14.0K
10.55%+6.25%
2028-11-30
ZRG Partners, LLC
Commercial & Professional Services
Secured Debt #3
$815.0K
$804.0K
$11.0K
10.28%+6.00%
2029-06-14
Tedder Industries, LLC
Consumer Durables & Apparel
Secured Debt #2
$802.0K
$3.76M
-$2.96M
12.00%—
2023-08-31
SI East, LLC
Materials
Secured Debt #1
$750.0K
$745.0K
$5.0K
11.75%—
2028-06-16
Iron-Main Investments, LLC
Commercial & Professional Services
Secured Debt #2
$726.0K
$726.0K
$0.00
13.00%—
2028-01-31
Electro Technical Industries, LLC
Capital Goods
Common Equity
$714.0K
$714.0K
$0.00
——
—
Iron-Main Investments, LLC
Commercial & Professional Services
Common Stock
$710.0K
$689.0K
$21.0K
——
—
LL Management, Inc.
Health Care Equipment & Services
Secured Debt #1
$701.0K
$701.0K
$0.00
11.67%+7.25%
2025-12-31
Oneliance, LLC
Commercial & Professional Services
Secured Debt
$700.0K
—
—
——
—
ZRG Partners, LLC
Commercial & Professional Services
Secured Debt #1
$691.0K
$670.0K
$21.0K
12.50%+5.00%
2029-06-14
Kickhaefer Manufacturing Company, LLC
Materials
Member Units
$678.0K
$248.0K
$430.0K
——
—
JTI Electrical & Mechanical, LLC
Capital Goods
Secured Debt #1
$665.0K
$697.0K
-$32.0K
10.80%+6.25%
2026-12-22
Classic H&G Holdings, LLC
Commercial & Professional Services
Preferred Member Units
$660.0K
—
—
——
—
Inspire Aesthetics Management, LLC
Health Care Equipment & Services
Secured Debt #1
$659.0K
$710.0K
-$51.0K
14.42%+10.00%
2028-04-03
PrimeFlight Aviation Services
Transportation
Secured Debt #4
$643.0K
$635.0K
$8.0K
9.83%+5.25%
2029-05-01
Imaging Business Machines, L.L.C.
Technology Hardware & Equipment
Common Equity
$640.0K
$580.0K
$60.0K
——
—
Integral Energy Services
Commercial & Professional Services
Common Stock
$640.0K
$1.58M
-$944.0K
——
—
West Star Aviation Acquisition, LLC
Capital Goods
Common Stock
$640.0K
$200.0K
$440.0K
——
—
Hawk Ridge Systems, LLC
Commercial & Professional Services
Secured Debt #1
$626.0K
$625.0K
$1.0K
10.48%+6.00%
2026-01-15
Xenon Arc, Inc.
Diversified Financials
Secured Debt #3
$608.0K
$596.0K
$12.0K
10.15%+5.75%
2028-12-20
CAI Software LLC
Software & Services
Preferred Equity #1
$594.0K
$454.0K
$140.0K
——
—
Batjer TopCo, LLC
Commercial & Professional Services
Preferred Stock
$570.0K
$455.0K
$115.0K
——
—
PrimeFlight Aviation Services
Transportation
Secured Debt #3
$566.0K
$554.0K
$12.0K
9.83%+5.50%
2029-05-01
PrimeFlight Aviation Services
Transportation
Secured Debt #2
$563.0K
$547.0K
$16.0K
9.83%+5.50%
2029-05-01
Channel Partners Intermediateco, LLC
Consumer Services
Secured Debt #1
$559.0K
$562.0K
-$3.0K
11.56%+7.00%
2027-02-07
Integral Energy Services
Commercial & Professional Services
Preferred Equity
$542.0K
$305.0K
$237.0K
10.00%—
—
Metalforming Holdings, LLC
Capital Goods
Common Stock
$540.0K
$113.0K
$427.0K
——
—
Titan Meter Midco Corp.
Energy
Preferred Equity
$540.0K
$469.0K
$71.0K
8.00%—
—
Career Team Holdings, LLC
Commercial & Professional Services
Common Stock
$530.0K
$500.0K
$30.0K
——
—
World Micro Holdings, LLC
Commercial & Professional Services
Preferred Equity
$530.0K
$530.0K
$0.00
——
—
GradeEight Corp.
Consumer Services
Secured Debt #1
$528.0K
$499.0K
$29.0K
13.75%+6.25%
2029-10-04
Copper Trail Fund Investments, LP
—
Interests (CTMH, LP)
$514.0K
$640.0K
-$126.0K
——
—
Slick Innovations, LLC
Commercial & Professional Services
Common Stock
$490.0K
—
—
——
—
GradeEight Corp.
Consumer Services
Common Equity
$471.0K
$471.0K
$0.00
——
—
Coregistics Buyer LLC
Commercial & Professional Services
Secured Debt #1
$449.0K
$429.0K
$20.0K
10.31%+6.00%
2029-06-28
PTL US Bidco, Inc
Capital Goods
Secured Debt #1
$441.0K
$439.0K
$2.0K
12.81%+8.25%
2027-08-19
MoneyThumb Acquisition, LLC
Software & Services
Preferred Member Units
$440.0K
$440.0K
$0.00
12.00%—
—
SPAU Holdings, LLC
Consumer Durables & Apparel
Secured Debt #1
$440.0K
$431.0K
$9.0K
11.96%+7.50%
2027-07-01
Channel Partners Intermediateco, LLC
Consumer Services
Secured Debt #4
$435.0K
$439.0K
-$4.0K
11.55%+7.00%
2027-02-07
Gulf Publishing Holdings, LLC
Media & Entertainment
Secured Debt #2
$434.0K
$555.0K
-$121.0K
12.50%—
2027-07-01
Metalforming Holdings, LLC
Capital Goods
Preferred Equity
$434.0K
$434.0K
$0.00
8.00%—
—
Isagenix International, LLC
Other
Secured Debt
$428.0K
$2.79M
-$2.36M
10.91%+6.60%
2028-04-14
Peaches Holding Corporation
Consumer Durables & Apparel
Common Equity
$410.0K
$1.80M
-$1.40M
——
—
Elgin AcquireCo, LLC
Automobiles & Components
Secured Debt #3
$405.0K
$405.0K
$0.00
9.00%—
2052-10-03
IG Investor, LLC
Consumer Durables & Apparel
Secured Debt #1
$400.0K
$381.0K
$19.0K
13.00%—
2028-06-21
Tedder Industries, LLC
Consumer Durables & Apparel
Secured Debt #1
$389.0K
$455.0K
-$66.0K
12.00%—
2023-08-31
Zips Car Wash, LLC
Consumer Services
Secured Debt #4
$387.0K
$522.0K
-$135.0K
11.91%+7.25%
2024-12-31
BP Loenbro Holdings Inc.
Commercial & Professional Services
Secured Debt #1
$385.0K
$366.0K
$19.0K
10.17%+5.75%
2029-02-01
UPS Intermediate, LLC
Capital Goods
Common Equity
$380.0K
$412.0K
-$32.0K
——
—
Escalent, Inc.
Commercial & Professional Services
Secured Debt #2
$363.0K
$357.0K
$6.0K
12.40%+8.00%
2029-04-07
Bond Brand Loyalty ULC
Commercial & Professional Services
Secured Debt #1
$360.0K
$349.0K
$11.0K
11.46%+7.00%
2028-05-01
Elgin AcquireCo, LLC
Automobiles & Components
Common Stock #1
$330.0K
$374.0K
-$44.0K
——
—
Clad-Rex Steel, LLC
Materials
Member Units #2
$317.0K
$127.0K
$190.0K
——
—
Bond Brand Loyalty ULC
Commercial & Professional Services
Preferred Equity
$310.0K
$360.0K
-$50.0K
——
—
Event Holdco, LLC
Software & Services
Secured Debt #1
$308.0K
$307.0K
$1.0K
12.56%+8.00%
2026-12-22
Freeport Financial Funds, LP
—
Interests (Freeport First Lien Loan Fund III LP)
$298.0K
—
—
——
—
ITA Holdings Group, LLC
Health Care Equipment & Services
Secured Debt #1
$295.0K
$291.0K
$4.0K
12.96%+8.50%
2027-06-21
Watterson Brands, LLC
Commercial & Professional Services
Secured Debt #1
$294.0K
$310.0K
-$16.0K
12.00%—
2026-12-17
Creative Foam Corporation
Capital Goods
Common Equity
$286.0K
$286.0K
$0.00
——
—
BDB Holdings, LLC
Consumer Services
Secured Debt
$280.0K
$280.0K
$0.00
12.00%—
2027-02-27
Boccella Precast Products LLC
Capital Goods
Member Units
$280.0K
$564.0K
-$284.0K
——
—
Hawk Ridge Systems, LLC
Commercial & Professional Services
Preferred Member Units #2
$280.0K
$38.0K
$242.0K
——
—
Inspire Aesthetics Management, LLC
Health Care Equipment & Services
Secured Debt #4
$264.0K
$290.0K
-$26.0K
14.42%+10.00%
2028-04-03
JTI Electrical & Mechanical, LLC
Capital Goods
Secured Debt #3
$262.0K
$270.0K
-$8.0K
10.80%+6.25%
2026-12-22
Obra Capital, Inc.
Diversified Financials
Secured Debt #1
$256.0K
$248.0K
$8.0K
11.93%+7.50%
2028-12-21
ITA Holdings Group, LLC
Health Care Equipment & Services
Secured Debt #2
$248.0K
$245.0K
$3.0K
12.96%+8.50%
2027-06-21
Clad-Rex Steel, LLC
Materials
Secured Debt #3
$241.0K
$239.0K
$2.0K
10.00%—
2036-12-20
Escalent, Inc.
Commercial & Professional Services
Common Equity
$240.0K
$174.0K
$66.0K
——
—
Zips Car Wash, LLC
Consumer Services
Secured Debt #2
$230.0K
$230.0K
$0.00
11.70%+7.25%
2025-10-10
Mini Melts of America, LLC
Food, Beverage & Tobacco
Common Equity
$220.0K
$343.0K
-$123.0K
——
—
SPAU Holdings, LLC
Consumer Durables & Apparel
Common Stock
$220.0K
$200.0K
$20.0K
——
—
Elgin AcquireCo, LLC
Automobiles & Components
Common Stock #2
$203.0K
$102.0K
$101.0K
——
—
Career Team Holdings, LLC
Commercial & Professional Services
Secured Debt #1
$197.0K
$197.0K
$0.00
10.38%+6.00%
2026-12-17
Iron-Main Investments, LLC
Commercial & Professional Services
Preferred Equity
$190.0K
$178.0K
$12.0K
25.00%—
—
CaseWorthy, Inc.
Software & Services
Common Equity
$186.0K
$106.0K
$80.0K
——
—
B-O-F Corporation
Capital Goods
Common Equity
$180.0K
$180.0K
$0.00
——
—
Channel Partners Intermediateco, LLC
Consumer Services
Secured Debt #3
$180.0K
$183.0K
-$3.0K
11.55%+7.00%
2027-02-07
AVEX Aviation Holdings, LLC
Transportation
Common Equity
$157.0K
$130.0K
$27.0K
——
—
Garyline, LLC
Consumer Durables & Apparel
Common Equity
$150.0K
$210.0K
-$60.0K
——
—
MoneyThumb Acquisition, LLC
Software & Services
Warrants
$148.0K
$148.0K
$0.00
——
2029-08-19
MonitorUS Holding, LLC
Software & Services
Common Stock
$141.0K
$268.0K
-$127.0K
——
—
Bluestem Brands, Inc.
Consumer Discretionary Distribution & Retail
Secured Debt #1
$139.0K
$138.0K
$1.0K
12.95%+8.50%
2025-08-28
DMA Industries, LLC.
—
Secured Debt #1
$138.0K
$138.0K
$0.00
——
2029-06-18
HDC/HW Intermediate Holdings
Software & Services
Secured Debt #2
$137.0K
$400.0K
-$263.0K
2.50%—
2026-06-21
Zips Car Wash, LLC
Consumer Services
Secured Debt #1
$132.0K
$132.0K
$0.00
11.70%+7.25%
2025-10-10
ATS Operating, LLC
Consumer Discretionary Distribution & Retail
Secured Debt #1
$125.0K
$125.0K
$0.00
10.56%+6.00%
2027-01-18
ATS Operating, LLC
Consumer Discretionary Distribution & Retail
Common Stock
$120.0K
$100.0K
$20.0K
——
—
Insight Borrower Corporation
Capital Goods
Common Equity
$120.0K
$239.0K
-$119.0K
——
—
Dynamic Communities, LLC
Commercial & Professional Services
Preferred Equity #1
$110.0K
$128.0K
-$18.0K
——
—
Joerns Healthcare, LLC
Health Care Equipment & Services
Common Stock
$110.0K
$166.0K
-$56.0K
——
—
Datacom, LLC
Technology Hardware & Equipment
Secured Debt #1
$104.0K
$104.0K
$0.00
7.50%—
2025-12-31
Archer Systems, LLC
Commercial & Professional Services
Common Stock
$100.0K
$62.0K
$38.0K
——
—
TEC Services, LLC
Commercial & Professional Services
Secured Debt #1
$91.0K
$87.0K
$4.0K
10.14%+5.75%
2029-12-31
The Affiliati Network, LLC
Commercial & Professional Services
Preferred Stock #1
$78.0K
$78.0K
$0.00
——
—
Boccella Precast Products LLC
Capital Goods
Secured Debt
$65.0K
$80.0K
-$15.0K
10.00%—
2027-02-28
South Coast Terminals Holdings, LLC
Materials
Common Equity
$62.0K
$61.0K
$1.0K
——
—
Dalton US Inc.
Commercial & Professional Services
Common Stock
$60.0K
$52.0K
$8.0K
——
—
Watterson Brands, LLC
Commercial & Professional Services
Secured Debt #2
$51.0K
$51.0K
$0.00
12.00%—
2026-12-17
B-O-F Corporation
Capital Goods
Secured Debt #1
$46.0K
$46.0K
$0.00
10.08%+5.75%
2030-02-03
MonitorUS Holding, LLC
Software & Services
Unsecured Debt #1
$34.0K
$34.0K
$0.00
8.00%—
2025-06-30
MonitorUS Holding, LLC
Software & Services
Unsecured Debt #2
$32.0K
$32.0K
$0.00
8.00%—
2025-12-21
Batjer TopCo, LLC
Commercial & Professional Services
Secured Debt #2
$30.0K
$30.0K
$0.00
11.00%—
2027-03-07
Datacom, LLC
Technology Hardware & Equipment
Preferred Member Units
$30.0K
$290.0K
-$260.0K
——
—
Inspire Aesthetics Management, LLC
Health Care Equipment & Services
Common Equity
$30.0K
$358.0K
-$328.0K
——
—
The Affiliati Network, LLC
Commercial & Professional Services
Secured Debt #1
$29.0K
$29.0K
$0.00
10.00%—
2026-08-09
MonitorUS Holding, LLC
Software & Services
Unsecured Debt #3
$22.0K
$22.0K
$0.00
8.00%—
2026-03-31
AMEREQUIP LLC.
—
Common Stock
$20.0K
$83.0K
-$63.0K
——
—
Batjer TopCo, LLC
Commercial & Professional Services
Secured Debt #1
$20.0K
$20.0K
$0.00
11.00%—
2027-03-07
Clarius BIGS, LLC
Diversified Financials
Secured Debt
$16.0K
$2.32M
-$2.31M
——
2015-01-05
Garyline, LLC
Consumer Durables & Apparel
Preferred Equity
$16.0K
$16.0K
$0.00
——
—
Interface Security Systems, L.L.C
Commercial & Professional Services
Secured Debt #2
$10.0K
$7.25M
-$7.24M
11.67%+7.00%
2023-08-07
JTI Electrical & Mechanical, LLC
Capital Goods
Common Eqiuty
$10.0K
$140.0K
-$130.0K
——
—
AAC Holdings, Inc.
Health Care Equipment & Services
Common Stock
$0.00
$3.15M
-$3.15M
——
—
Analytical Systems Keco Holdings, LLC
Capital Goods
Preferred Member Units #2
$0.00
$800.0K
-$800.0K
——
—
Analytical Systems Keco Holdings, LLC
Capital Goods
Warrants
$0.00
$79.0K
-$79.0K
——
2029-08-16
ArborWorks, LLC
Commercial & Professional Services
Common Equity
$0.00
$124.0K
-$124.0K
——
—
Berry Aviation, Inc.
Transportation
Preferred Member Units #1
$0.00
$286.0K
-$286.0K
——
—
Bluestem Brands, Inc.
Consumer Discretionary Distribution & Retail
Warrants
$0.00
$1.11M
-$1.11M
——
2032-10-19
Buca C, LLC
Consumer Services
Secured Debt #1
$0.00
$3.96M
-$3.96M
15.00%—
2024-11-04
Buca C, LLC
Consumer Services
Secured Debt #3
$0.00
$4.08M
-$4.08M
15.00%—
2023-08-31
Buca C, LLC
Consumer Services
Preferred Member Units
$0.00
$3.04M
-$3.04M
6.00%—
—
DTE Enterprises, LLC
Capital Goods
Class AA Preferred Member Units (non-voting)
$0.00
$1.32M
-$1.32M
10.00%—
—
DTE Enterprises, LLC
Capital Goods
Class A Preferred Member Units
$0.00
$776.0K
-$776.0K
8.00%—
—
Gulf Publishing Holdings, LLC
Media & Entertainment
Preferred Equity
$0.00
$1.40M
-$1.40M
——
—
Gulf Publishing Holdings, LLC
Media & Entertainment
Member Units
$0.00
$920.0K
-$920.0K
——
—
KMS, LLC
Wholesaler of Closeout and Value-Priced Products
Secured Debt #2
$0.00
$1.43M
-$1.43M
12.50%—
2028-10-01
Robbins Bros. Jewelry, Inc.
Consumer Durables & Apparel
Secured Debt #3
$0.00
$1.23M
-$1.23M
——
—
Tedder Industries, LLC
Consumer Durables & Apparel
Preferred Member Units #1
$0.00
$165.0K
-$165.0K
——
—
Tedder Industries, LLC
Consumer Durables & Apparel
Preferred Member Units #2
$0.00
$141.0K
-$141.0K
——
—
Tedder Industries, LLC
Consumer Durables & Apparel
Preferred Member Units #3
$0.00
$2.31M
-$2.31M
——
—
U.S. TelePacific Corp.
Technology Hardware & Equipment
Secured Debt #2
$0.00
$15.0K
-$15.0K
——
2027-05-02
Volusion, LLC
Software & Services
Preferred Member Units #3
$0.00
$6.00M
-$6.00M
——
—
Volusion, LLC
Software & Services
Common Stock
$0.00
$1.10M
-$1.10M
——
—
Trantech Radiator Topco, LLC
Capital Goods
Secured Debt #1
-$1.0K
-$1.0K
$0.00
——
2027-05-31
NinjaTrader, LLC
Diversified Financials
Secured Debt #1
-$2.0K
-$2.0K
$0.00
—+6.50%
2026-12-18
Microbe Formulas, LLC
Other
Secured Debt #1
-$4.0K
-$4.0K
$0.00
—+5.75%
2028-04-03
Island Pump and Tank, LLC
Commercial & Professional Services
Secured Debt #1
-$5.0K
-$5.0K
$0.00
—+5.50%
2029-05-17
TEC Services, LLC
Commercial & Professional Services
Secured Debt #2
-$5.0K
-$5.0K
$0.00
—+5.75%
2029-12-31
Victory Energy Operations, LLC
Capital Goods
Secured Debt #1
-$5.0K
-$5.0K
$0.00
——
2029-10-03
American Health Staffing Group, Inc.
Commercial & Professional Services
Secured Debt #1
-$6.0K
-$6.0K
$0.00
—+5.00%
2026-11-19
Escalent, Inc.
Commercial & Professional Services
Secured Debt #1
-$7.0K
-$7.0K
$0.00
—+8.00%
2029-04-07
Robbins Bros. Jewelry, Inc.
Consumer Durables & Apparel
Secured Debt #1
-$8.0K
-$8.0K
$0.00
——
2026-12-15
HEADLANDS OP-CO LLC
Health Care Equipment & Services
Secured Debt #1
-$9.0K
-$9.0K
$0.00
—+6.50%
2027-08-01
BP Loenbro Holdings Inc.
Commercial & Professional Services
Secured Debt #2
-$10.0K
-$10.0K
$0.00
—+5.75%
2029-02-01
AVEX Aviation Holdings, LLC
Transportation
Secured Debt #1
-$11.0K
-$11.0K
$0.00
—+7.25%
2027-12-23
Bettercloud, Inc.
Software & Services
Secured Debt #1
-$14.0K
-$14.0K
$0.00
—+10.25%
2028-06-30
Compass Systems & Sales, LLC
Capital Goods
Secured Debt #1
-$15.0K
-$15.0K
$0.00
——
2028-11-22
GradeEight Corp.
Consumer Services
Secured Debt #2
-$21.0K
-$21.0K
$0.00
—+7.25%
2029-10-04
Power System Solutions
Utilities
Secured Debt #1
-$25.0K
-$25.0K
$0.00
—+6.50%
2028-06-07
Creative Foam Corporation
Capital Goods
Secured Debt #1
-$26.0K
-$26.0K
$0.00
—+6.25%
2029-06-27
Insight Borrower Corporation
Capital Goods
Secured Debt #2
-$26.0K
-$26.0K
$0.00
—+6.25%
2029-07-19
CQ Fluency, LLC
Commercial & Professional Services
Secured Debt #1
-$28.0K
-$28.0K
$0.00
—+6.75%
2027-06-27
CQ Fluency, LLC
Commercial & Professional Services
Secured Debt #2
-$28.0K
-$28.0K
$0.00
—+6.75%
2027-06-27
Insight Borrower Corporation
Capital Goods
Secured Debt #1
-$29.0K
-$29.0K
$0.00
—+6.25%
2028-07-19
Titan Meter Midco Corp.
Energy
Secured Debt #1
-$38.0K
-$38.0K
$0.00
—+6.50%
2029-03-11
Ansira Partners II, LLC
Commercial & Professional Services
Secured Debt #1
-$42.0K
-$42.0K
$0.00
—+6.75%
2029-07-01
JDC Power Services, LLC
Capital Goods
Secured Debt #1
-$44.0K
-$44.0K
$0.00
—+6.50%
2029-06-28
Electro Technical Industries, LLC
Capital Goods
Secured Debt #1
-$93.0K
-$93.0K
$0.00
—+6.00%
2030-03-31
AAC Holdings, Inc.
Health Care Equipment & Services
Warrants
—
—
—
——
2025-12-11
ArborWorks, LLC
Commercial & Professional Services
Preferred Equity #2
—
—
—
——
—
Berry Aviation, Inc.
Transportation
Preferred Member Units #2
—
—
—
——
—
Berry Aviation, Inc.
Transportation
Preferred Member Units #3
—
—
—
——
—
Bluestem Brands, Inc.
Consumer Discretionary Distribution & Retail
Common Stock
—
—
—
——
—
Bond Brand Loyalty ULC
Commercial & Professional Services
Common Equity
—
—
—
——
—
Burning Glass Intermediate Holding Company, Inc.
Commercial & Professional Services
Secured Debt #1
—
-$6.0K
—
—+5.00%
2026-06-10
CAI Software LLC
Software & Services
Preferred Equity #2
—
—
—
——
—
CenterPeak Holdings, LLC
Commercial & Professional Services
Secured Debt #1
—
-$2.0K
—
——
2026-12-10
Chamberlin Holding LLC
Commercial & Professional Services
Secured Debt #1
—
-$21.0K
—
—+6.00%
2026-02-26
Cody Pools, Inc.
Other
Secured Debt #1
—
-$3.0K
—
——
2026-12-17
Direct Marketing Solutions, Inc.
Commercial & Professional Services
Secured Debt #1
—
-$1.0K
—
——
2026-02-13
Dynamic Communities, LLC
Commercial & Professional Services
Preferred Equity #2
—
—
—
——
—
Dynamic Communities, LLC
Commercial & Professional Services
Common Equity
—
—
—
——
—
HDC/HW Intermediate Holdings
Software & Services
Common Equity
—
—
—
——
—
IG Parent Corporation
Software & Services
Secured Debt #1
—
-$7.0K
—
—+5.75%
2026-07-30
Interface Security Systems, L.L.C
Commercial & Professional Services
Common Stock
—
—
—
——
—
Isagenix International, LLC
Other
Common Equity
—
—
—
——
—
Orttech Holdings, LLC
Capital Goods
Secured Debt #1
—
-$1.0K
—
—+11.00%
2026-07-31
Pinnacle TopCo, LLC
Consumer Staples Distribution & Retail
Secured Debt #1
—
-$7.0K
—
——
2028-12-31
RA Outdoors LLC
Software & Services
Common Equity
—
—
—
——
—
Richardson Sales Solutions
Commercial & Professional Services
Secured Debt #1
—
-$39.0K
—
—+6.50%
2028-08-24
Robbins Bros. Jewelry, Inc.
Consumer Durables & Apparel
Preferred Equity
—
—
—
——
—
Roof Opco, LLC
Capital Goods
Secured Debt #1
—
-$6.0K
—
—+8.00%
2026-08-27
Student Resource Center, LLC
Commercial & Professional Services
Preferred Equity
—
—
—
——
—
Vitesse Systems, Secured Debt
—
Secured Overnight Financing Rate #1
—
—
—
—+4.00%
—
Volusion, LLC
Software & Services
Preferred Member Units #2
—
—
—
——
—
Disclosed holdings FV
$1.26B
Parsed holdings FV
$1.29B
Residual gap
-$25.04M
Balance-sheet cash
$39.46M
CIK
0001535778
Accession
0001535778-25-000088
Form type
10-Q
Period
2025-03-31