BDC·info
MSIF

MSC Income Fund

Period
SEC EDGAR ↗
Portfolio Fair Value
$1.20B
418 holdings
Avg Spread
+7.10%
FV-weighted, debt
Avg Coupon
12.39%
FV-weighted
% First Lien
76.1%
of debt FV
Unrealized P/L
+$36.40M
+3.14% of cost
Non-Accrual
21
text-detected

Balance sheet

Assets$1.23B
Liabilities + Equity$1.23B
First Lien
$885.00M · 72.1%
Equity
$212.90M · 17.3%
Debt (Borrowings)
$556.07M · 45.3%
Net Assets (Equity)
$618.49M · 50.4%

Industry Composition

Commercial & Professional Services
25.2%
Capital Goods
11.4%
Materials
8.4%
Consumer Durables & Apparel
8.2%
Technology Hardware & Equipment
5.2%
Software & Services
5.1%
Health Care Equipment & Services
4.9%
Unclassified
3.2%
Consumer Services
2.9%
Consumer Discretionary Distribution & Retail
2.9%
Consumer Staples Distribution & Retail
2.9%
Transportation
2.9%
Other industries
16.7%

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%
4.5%
5.0%
5.5%
6.0%
6.5%
7.0%
7.5%
8.0%
8.5%
9.0%
9.5%
10.0%
11.0%
11.5%
16.0%
Schedule of Investments

All holdings

All holdings
Sortable, click headers to re-sort
418 of 434
IssuerIndustryType
Fair Value
Cost
Unrealized
Coupon
Spread
Maturity
Gamber-Johnson Holdings, LLC
Technology Hardware & Equipment
Member Units
$26.84M
$4.42M
$22.42M
——
—
SI East, LLC
Materials
Secured Debt #2
$22.55M
$22.53M
$23.0K
12.63%—
2028-06-16
GRT Rubber Technologies LLC
Materials
Member Units
$21.89M
$6.43M
$15.46M
——
—
Mako Steel, LP
Real Estate Management & Development
Secured Debt #2
$21.22M
$21.01M
$208.0K
12.59%+7.50%
2026-03-15
Fidelity Government Portfolio Fund Class III
Money market funds (included in cash and cash equivalents)
—
$20.40M
$20.40M
$0.00
4.58%—
—
GRT Rubber Technologies LLC
Materials
Secured Debt #2
$19.94M
$19.84M
$103.0K
13.35%+8.00%
2026-10-29
UPS Intermediate, LLC
Capital Goods
Secured Debt
$19.15M
$19.15M
$0.00
11.51%+6.25%
2029-07-27
Ansira Partners II, LLC
Commercial & Professional Services
Secured Debt #2
$17.60M
$17.60M
$0.00
12.08%+6.75%
2029-07-01
Cody Pools, Inc.
Other
Preferred Member Units
$17.49M
$2.08M
$15.41M
——
—
JDC Power Services, LLC
Capital Goods
Secured Debt #2
$17.08M
$17.37M
-$291.0K
11.35%+6.75%
2029-06-28
Mills Fleet Farm Group, LLC
Consumer Discretionary Distribution & Retail
Secured Debt
$16.24M
$17.93M
-$1.69M
12.56%+7.00%
2026-12-31
Invincible Boat Company, LLC.
Consumer Durables & Apparel
Secured Debt #2
$16.07M
$16.78M
-$709.0K
11.25%+6.50%
2025-08-28
Implus Footcare, LLC
Consumer Durables & Apparel
Secured Debt
$15.99M
$17.04M
-$1.05M
14.01%+9.25%
2025-07-31
Hornblower Sub, LLC
Transportation
Secured Debt #2
$15.37M
$15.37M
$0.00
10.82%+5.50%
2029-07-03
Computer Data Source, LLC
Commercial & Professional Services
Secured Debt #3
$14.82M
$14.97M
-$147.0K
13.28%+8.00%
2026-08-06
Integral Energy Services
Commercial & Professional Services
Secured Debt
$14.74M
$14.97M
-$232.0K
13.09%+7.50%
2026-08-20
NinjaTrader, LLC
Diversified Financials
Secured Debt #2
$14.65M
$14.52M
$130.0K
11.98%+6.50%
2026-12-18
Titan Meter Midco Corp.
Energy
Secured Debt #2
$12.84M
$12.68M
$168.0K
11.10%+6.50%
2029-03-11
Central Moloney, LLC.
—
Secured Debt
$12.77M
$12.64M
$134.0K
11.35%+6.75%
2028-10-20
RA Outdoors LLC
Software & Services
Secured Debt #2
$12.44M
$13.67M
-$1.23M
11.59%+6.75%
2026-04-08
Vitesse Systems
Capital Goods
Secured Debt #2
$12.41M
$12.15M
$260.0K
11.96%+7.00%
2028-12-22
Burning Glass Intermediate Holding Company, Inc.
Commercial & Professional Services
Secured Debt #2
$12.13M
$12.01M
$119.0K
9.95%+5.00%
2028-06-10
Gamber-Johnson Holdings, LLC
Technology Hardware & Equipment
Secured Debt #2
$12.12M
$11.99M
$134.0K
10.00%+7.00%
2028-01-01
Obra Capital, Inc.
Diversified Financials
Secured Debt #2
$11.51M
$11.64M
-$129.0K
12.53%+7.50%
2029-06-21
BP Loenbro Holdings Inc.
Commercial & Professional Services
Secured Debt #3
$11.29M
$11.09M
$197.0K
11.35%+6.00%
2029-02-01
Buca C, LLC
Consumer Services
Secured Debt #1
$10.82M
$13.05M
-$2.23M
15.00%—
2024-11-04
First American Treasury Obligations Fund Class Z
Money market funds (included in cash and cash equivalents)
—
$10.80M
$10.80M
$0.00
4.97%—
—
Creative Foam Corporation
Capital Goods
Secured Debt #2
$10.73M
$10.67M
$67.0K
10.35%+5.75%
2029-06-27
Imaging Business Machines, L.L.C.
Technology Hardware & Equipment
Secured Debt #2
$10.31M
$10.04M
$264.0K
11.62%+7.00%
2028-06-30
Richardson Sales Solutions
Commercial & Professional Services
Secured Debt #2
$10.19M
$10.11M
$85.0K
12.03%+6.75%
2028-08-24
Hawk Ridge Systems, LLC
Commercial & Professional Services
Secured Debt #2
$9.74M
$9.71M
$29.0K
12.50%—
2026-01-15
Garyline, LLC
Consumer Durables & Apparel
Secured Debt #2
$9.45M
$9.38M
$69.0K
11.95%+6.75%
2028-11-10
Flame King Holdings, LLC
Consumer Discretionary Distribution & Retail
Preferred Equity
$8.94M
$2.60M
$6.34M
——
—
Harris Preston Fund Investments, LP
—
Interests (2717 MH, L.P.)
$8.82M
$3.35M
$5.47M
——
—
Brightwood Capital Fund Investments, LP
—
Interests (Brightwood Capital Fund IV, LP)
$8.80M
$8.64M
$165.0K
——
—
IG Investor, LLC
Consumer Durables & Apparel
Secured Debt #2
$8.79M
$8.79M
$0.00
13.00%—
2028-06-21
LL Management, Inc.
Health Care Equipment & Services
Secured Debt #5
$8.74M
$8.65M
$86.0K
12.60%+7.25%
2025-12-31
Winter Services LLC
Commercial & Professional Services
Secured Debt #3
$8.68M
$8.89M
-$208.0K
12.59%+7.00%
2026-11-19
Winter Services LLC
Commercial & Professional Services
Secured Debt #4
$8.68M
$8.89M
-$208.0K
14.59%+9.00%
2026-11-19
Logix Acquisition Company, LLC
Telecommunication Services
Secured Debt
$8.58M
$11.49M
-$2.91M
13.25%+4.75%
2024-12-22
Rug Doctor, LLC.
Household & Personal Products
Secured Debt #2
$8.46M
$8.45M
$19.0K
12.79%+8.00%
2025-11-16
Coregistics Buyer LLC
Commercial & Professional Services
Secured Debt #4
$8.45M
$8.45M
-$1.0K
11.70%+6.75%
2029-06-28
Hybrid Promotions, LLC
Consumer Durables & Apparel
Secured Debt
$8.00M
$7.85M
$153.0K
13.84%+8.25%
2027-12-31
Insight Borrower Corporation
Capital Goods
Secured Debt #3
$7.88M
$8.11M
-$231.0K
11.53%+6.25%
2029-07-19
Power System Solutions
Utilities
Secured Debt #3
$7.88M
$7.71M
$174.0K
11.60%+6.50%
2028-06-07
LL Management, Inc.
Health Care Equipment & Services
Secured Debt #2
$7.87M
$7.80M
$74.0K
12.60%+7.25%
2025-12-31
American Health Staffing Group, Inc.
Commercial & Professional Services
Secured Debt #2
$7.70M
$7.67M
$34.0K
13.00%+5.00%
2026-11-19
Chamberlin Holding LLC
Commercial & Professional Services
Member Units #1
$7.63M
$2.86M
$4.77M
——
—
Bettercloud, Inc.
Software & Services
Secured Debt #2
$7.54M
$8.94M
-$1.40M
15.31%+10.25%
2028-06-30
Independent Pet Partners Intermediate Holdings, LLC
Consumer Services
Common Equity
$7.29M
$6.54M
$750.0K
——
—
Pinnacle TopCo, LLC
Consumer Staples Distribution & Retail
Secured Debt #2
$7.26M
$7.11M
$152.0K
13.00%—
2028-12-31
CQ Fluency, LLC
Commercial & Professional Services
LLC, Secured Debt #3
$7.17M
$7.14M
$28.0K
11.49%+6.75%
2027-06-27
FCC Intermediate Holdco, LLC
Commercial & Professional Services
Secured Debt
$7.07M
$7.07M
$0.00
13.00%—
2029-05-29
KMS, LLC
Consumer Staples Distribution & Retail
Secured Debt #2
$6.97M
$9.18M
-$2.21M
14.50%+9.75%
2026-10-04
ZRG Partners, LLC
Commercial & Professional Services
Secured Debt #4
$6.94M
$7.00M
-$56.0K
11.30%+6.00%
2029-06-14
Escalent, Inc.
Commercial & Professional Services
Secured Debt #2
$6.87M
$6.72M
$156.0K
12.70%+8.00%
2029-04-07
Cody Pools, Inc.
Other
Secured Debt #2
$6.71M
$6.70M
$14.0K
12.50%—
2026-12-17
VVS Holdco LLC
Consumer Staples Distribution & Retail
Secured Debt #2
$6.67M
$6.67M
$0.00
11.50%—
2026-12-01
ArborWorks, LLC
Commercial & Professional Services
Preferred Equity #1
$6.67M
$7.47M
-$801.0K
——
—
Nello Industries Investco, LLC
Capital Goods
Secured Debt #2
$6.61M
$6.61M
$0.00
13.50%—
2029-06-04
Mystic Logistics Holdings, LLC
Transportation
Common Stock
$6.53M
$680.0K
$5.85M
——
—
Rug Doctor, LLC.
Household & Personal Products
Secured Debt #1
$6.51M
$6.50M
$13.0K
12.79%+8.00%
2025-11-16
IG Parent Corporation
Software & Services
Secured Debt #2
$6.15M
$6.10M
$53.0K
10.70%+5.75%
2028-07-30
Computer Data Source, LLC
Commercial & Professional Services
Secured Debt #1
$6.12M
$6.17M
-$53.0K
13.29%+8.00%
2026-08-06
PrimeFlight Aviation Services
Transportation
Secured Debt #1
$5.92M
$5.76M
$168.0K
10.58%+5.50%
2029-05-01
AAC Holdings, Inc.
Health Care Equipment & Services
Secured Debt #2
$5.69M
$5.68M
$6.0K
18.00%—
2025-06-25
Inspire Aesthetics Management, LLC
Health Care Equipment & Services
Secured Debt #2
$5.59M
$6.09M
-$502.0K
13.27%+8.00%
2028-04-03
Lightbox Holdings, L.P.
Software & Services
Secured Debt
$5.55M
$5.70M
-$153.0K
10.11%+5.00%
2026-05-09
Orttech Holdings, LLC
Capital Goods
Secured Debt #2
$5.49M
$5.45M
$41.0K
16.35%+11.00%
2026-07-31
SI East, LLC
Materials
Preferred Member Units
$5.39M
$508.0K
$4.88M
——
—
INW Manufacturing, LLC
Consumer Staples Distribution & Retail
Secured Debt
$5.36M
$6.28M
-$928.0K
10.62%+5.75%
2027-03-25
LL Management, Inc.
Health Care Equipment & Services
Secured Debt #3
$5.19M
$5.14M
$50.0K
12.60%+7.25%
2025-12-31
Centre Technologies Holdings, LLC
Technology Hardware & Equipment
Secured Debt #2
$5.12M
$5.06M
$54.0K
15.35%+10.00%
2028-01-04
MonitorUS Holding, LLC
Software & Services
Secured Debt #3
$5.11M
$5.06M
$52.0K
14.00%—
2027-05-24
Richardson Sales Solutions
Commercial & Professional Services
Secured Debt #3
$5.02M
$5.00M
$21.0K
11.86%+6.75%
2028-08-24
SPAU Holdings, LLC
Consumer Durables & Apparel
Secured Debt #2
$4.89M
$4.83M
$54.0K
12.45%+7.50%
2027-07-01
HEADLANDS OP-CO LLC
Health Care Equipment & Services
Secured Debt #4
$4.89M
$4.83M
$55.0K
11.35%+6.50%
2027-08-01
Direct Marketing Solutions, Inc.
Commercial & Professional Services
Preferred Stock
$4.82M
$2.10M
$2.72M
——
—
Direct Marketing Solutions, Inc.
Commercial & Professional Services
Secured Debt #2
$4.75M
$4.74M
$16.0K
14.00%—
2026-02-13
Hawk Ridge Systems, LLC
Commercial & Professional Services
Preferred Member Units #1
$4.75M
$713.0K
$4.04M
——
—
YS Garments, LLC
Consumer Durables & Apparel
Secured Debt
$4.70M
$5.09M
-$388.0K
12.89%+7.50%
2026-08-09
NuStep, LLC
Consumer Durables & Apparel
Secured Debt #2
$4.61M
$4.61M
$0.00
12.00%—
2025-01-31
American Nuts, LLC
Food, Beverage & Tobacco
Secured Debt #1
$4.56M
$5.41M
-$855.0K
15.23%+9.75%
2026-04-10
HPEP 3, L.P.
LP Interest
LP Interests (HPEP 3, L.P.)
$4.47M
—
—
——
—
Harris Preston Fund Investments, LP
—
Interests (HPEP 3, L.P.)
$4.47M
$2.30M
$2.18M
——
—
South Coast Terminals Holdings, LLC
Materials
Secured Debt #2
$4.36M
$4.36M
$0.00
10.20%+5.25%
2029-08-08
Pinnacle TopCo, LLC
Consumer Staples Distribution & Retail
Preferred Equity
$4.34M
$3.13M
$1.21M
——
—
Iron-Main Investments, LLC
Commercial & Professional Services
Secured Debt #4
$4.34M
$4.34M
$0.00
13.00%—
2028-01-31
Slick Innovations, LLC
Commercial & Professional Services
Secured Debt
$4.20M
$4.09M
$113.0K
14.00%—
2027-12-22
Compass Systems & Sales, LLC
Capital Goods
Secured Debt #2
$4.19M
$4.19M
$0.00
13.50%—
2028-11-22
DMA Industries, LLC
Automobiles & Components
Secured Debt #2
$4.16M
$4.16M
$0.00
12.00%—
2029-06-19
ArborWorks, LLC
Commercial & Professional Services
Secured Debt #2
$4.16M
$4.16M
$0.00
11.76%+6.50%
2028-11-06
Kickhaefer Manufacturing Company, LLC
Materials
Secured Debt #1
$4.14M
$4.14M
$0.00
12.00%—
2026-10-31
Roof Opco, LLC
Capital Goods
Secured Debt #2
$4.06M
$4.16M
-$101.0K
12.59%+7.00%
2026-08-27
Colonial Electric Company LLC
Commercial & Professional Services
Secured Debt #2
$4.06M
$4.03M
$31.0K
12.00%—
2026-03-31
Roof Opco, LLC
Capital Goods
Secured Debt #3
$4.02M
$4.16M
-$142.0K
14.59%+9.00%
2026-08-27
Bond Brand Loyalty ULC
Commercial & Professional Services
Secured Debt #2
$4.01M
$3.95M
$58.0K
11.48%+6.00%
2028-05-01
Bond Brand Loyalty ULC
Commercial & Professional Services
Secured Debt #3
$4.01M
$3.95M
$58.0K
13.48%+8.00%
2028-05-01
Bluestem Brands, Inc.
Consumer Discretionary Distribution & Retail
Secured Debt #3
$3.98M
$4.00M
-$20.0K
13.82%+8.50%
2025-08-28
Event Holdco, LLC
Software & Services
Secured Debt #2
$3.91M
$3.89M
$16.0K
12.87%+8.00%
2026-12-22
Purge Rite, LLC
Commercial & Professional Services
Secured Debt #2
$3.91M
$3.83M
$78.0K
13.64%+8.00%
2028-10-02
Chamberlin Holding LLC
Commercial & Professional Services
Secured Debt #2
$3.90M
$3.90M
$1.0K
13.36%+8.00%
2026-02-26
Charps, LLC
Commercial & Professional Services
Preferred Member Units
$3.90M
$491.0K
$3.41M
——
—
Infinity X1 Holdings, LLC
Capital Goods
Secured Debt
$3.77M
$3.77M
$0.00
12.00%—
2028-03-31
Jackmont Hospitality, Inc.
Consumer Services
Secured Debt #3
$3.74M
$3.74M
$0.00
12.90%+7.50%
2024-11-04
Wall Street Prep, Inc.
Commercial & Professional Services
Secured Debt #2
$3.73M
$3.70M
$31.0K
12.48%+7.00%
2026-07-19
LLFlex, LLC
Materials
Secured Debt
$3.72M
$4.47M
-$748.0K
13.48%+8.00%
2026-08-16
IG Investor, LLC
Consumer Durables & Apparel
Common Equity
$3.72M
$3.60M
$120.0K
——
—
Orttech Holdings, LLC
Capital Goods
Preferred Stock
$3.67M
$2.50M
$1.17M
——
—
Nello Industries Investco, LLC
Capital Goods
Secured Debt #1
$3.59M
$3.59M
$0.00
11.75%+6.50%
2025-06-04
Bluestem Brands, Inc.
Consumer Discretionary Distribution & Retail
Secured Debt #2
$3.39M
$3.70M
-$315.0K
15.50%+7.50%
2025-08-28
AVEX Aviation Holdings, LLC
Transportation
Secured Debt #2
$3.37M
$3.29M
$78.0K
12.06%+7.25%
2027-12-23
MonitorUS Holding, LLC
Software & Services
Secured Debt #2
$3.32M
$2.97M
$349.0K
14.00%—
2027-05-24
Colonial Electric Company LLC
Commercial & Professional Services
Preferred Member Units #2
$3.28M
—
—
——
—
Mini Melts of America, LLC
Food, Beverage & Tobacco
Secured Debt #3
$3.21M
$3.14M
$65.0K
10.31%+5.25%
2028-11-30
Mini Melts of America, LLC
Food, Beverage & Tobacco
Secured Debt #4
$3.21M
$3.14M
$67.0K
12.31%+7.25%
2028-11-30
Digital Products Holdings LLC
Consumer Durables & Apparel
Secured Debt
$3.20M
$3.22M
-$17.0K
15.25%+10.00%
2026-04-27
Volusion, LLC
Software & Services
Preferred Member Units #1
$3.20M
$1.90M
$1.30M
——
—
Vistar Media, Inc.
Media & Entertainment
Preferred Stock
$3.18M
$767.0K
$2.41M
——
—
Channel Partners Intermediateco, LLC
Consumer Services
Secured Debt #2
$3.13M
$3.30M
-$178.0K
12.55%+7.00%
2027-02-07
Kickhaefer Manufacturing Company, LLC
Materials
Preferred Equity
$3.06M
$3.06M
$0.00
——
—
VVS Holdco LLC
Consumer Staples Distribution & Retail
Preferred Equity
$3.06M
$3.06M
$0.00
——
—
Nello Industries Investco, LLC
Capital Goods
Common Equity
$3.03M
$3.03M
$0.00
——
—
UserZoom Technologies, Inc.
Software & Services
Secured Debt
$3.00M
$2.93M
$66.0K
12.75%+7.50%
2029-04-05
Centre Technologies Holdings, LLC
Technology Hardware & Equipment
Preferred Member Units
$2.99M
$1.53M
$1.46M
——
—
West Star Aviation Acquisition, LLC
Capital Goods
Secured Debt #2
$2.92M
$2.89M
$37.0K
9.60%+5.00%
2028-03-01
OnPoint
Commercial & Professional Services
Secured Debt
$2.89M
$2.89M
$0.00
11.60%+7.00%
2027-11-16
American Nuts, LLC
Food, Beverage & Tobacco
Secured Debt #2
$2.85M
$4.24M
-$1.39M
17.20%+11.75%
2026-04-10
JTI Electrical & Mechanical, LLC
Capital Goods
Secured Debt #2
$2.82M
$2.95M
-$133.0K
12.85%+8.00%
2026-12-22
Coregistics Buyer LLC
Commercial & Professional Services
Secured Debt #2
$2.75M
$2.81M
-$61.0K
11.45%+6.50%
2029-06-28
JorVet Holdings, LLC
Health Care Equipment & Services
Secured Debt
$2.72M
$2.72M
$0.00
12.00%—
2027-03-28
U.S. TelePacific Corp.
Technology Hardware & Equipment
Secured Debt #1
$2.70M
$2.46M
$244.0K
12.50%+7.15%
2027-05-02
NuStep, LLC
Consumer Durables & Apparel
Preferred Member Units #2
$2.66M
$2.81M
-$148.0K
——
—
Power System Solutions
Utilities
Secured Debt #2
$2.65M
$2.58M
$63.0K
11.35%+6.50%
2028-06-07
GFG Group, LLC
Materials
Preferred Member Units
$2.64M
$1.23M
$1.42M
——
—
Microbe Formulas, LLC
Other
Secured Debt #2
$2.50M
$2.47M
$31.0K
10.95%+6.00%
2028-04-03
NexRev LLC
Utilities
Preferred Member Units
$2.46M
$2.05M
$407.0K
——
—
Digital Products Holdings LLC
Consumer Durables & Apparel
Preferred Member Units
$2.46M
$2.38M
$84.0K
——
—
NexRev LLC
Utilities
Secured Debt #2
$2.45M
$2.45M
$7.0K
10.00%—
2025-02-28
Iron-Main Investments, LLC
Commercial & Professional Services
Secured Debt #5
$2.43M
$2.43M
$0.00
13.00%—
2028-01-31
Tex Tech Tennis, LLC
Consumer Durables & Apparel
Preferred Equity
$2.41M
$1.00M
$1.41M
——
—
CenterPeak Holdings, LLC
Commercial & Professional Services
Secured Debt #2
$2.39M
$2.36M
$29.0K
15.00%—
2026-12-10
HEADLANDS OP-CO LLC
Health Care Equipment & Services
Secured Debt #5
$2.39M
$2.37M
$21.0K
11.35%+6.50%
2027-08-01
Trantech Radiator Topco, LLC
Capital Goods
Common Stock
$2.38M
$1.16M
$1.22M
——
—
Xenon Arc, Inc.
Diversified Financials
Secured Debt #2
$2.33M
$2.31M
$25.0K
10.63%+5.25%
2028-12-20
Adams Publishing Group, LLC
Media & Entertainment
Secured Debt #2
$2.27M
$2.32M
-$44.0K
11.00%+7.00%
2027-03-11
Winter Services LLC
Commercial & Professional Services
Secured Debt #2
$2.25M
$2.31M
-$57.0K
13.59%+8.00%
2026-11-19
Iron-Main Investments, LLC
Commercial & Professional Services
Secured Debt #3
$2.24M
$2.24M
$0.00
13.00%—
2028-01-31
Zips Car Wash, LLC
Consumer Services
Secured Debt #1
$2.22M
$2.36M
-$141.0K
12.46%+7.25%
2024-12-31
Clad-Rex Steel, LLC
Materials
Member Units #1
$2.21M
$1.82M
$390.0K
——
—
MoneyThumb Acquisition, LLC
Software & Services
Secured Debt
$2.19M
$2.19M
$0.00
14.00%—
2029-08-19
Career Team Holdings, LLC
Commercial & Professional Services
Secured Debt #2
$2.18M
$2.18M
$0.00
13.00%—
2026-12-17
Dynamic Communities, LLC
Commercial & Professional Services
Secured Debt #1
$2.15M
$2.09M
$61.0K
11.45%+6.50%
2026-12-31
Urgent DSO LLC
Health Care Equipment & Services
Secured Debt
$2.14M
$2.14M
$0.00
13.50%—
2029-02-16
Dynamic Communities, LLC
Commercial & Professional Services
Secured Debt #2
$2.14M
$2.10M
$39.0K
13.45%+8.50%
2026-12-31
ArborWorks, LLC
Commercial & Professional Services
Secured Debt #1
$2.11M
$2.11M
$0.00
15.00%—
2028-11-06
Watterson Brands, LLC
Commercial & Professional Services
Secured Debt #3
$2.06M
$2.16M
-$103.0K
12.00%—
2026-12-17
GFG Group, LLC
Materials
Secured Debt
$2.05M
$2.03M
$19.0K
8.00%—
2026-03-31
Compass Systems & Sales, LLC
Capital Goods
Preferred Equity
$1.98M
$1.86M
$117.0K
——
—
HEADLANDS OP-CO LLC
Health Care Equipment & Services
Secured Debt #2
$1.98M
$1.95M
$26.0K
11.35%+6.50%
2027-08-01
Trantech Radiator Topco, LLC
Capital Goods
Secured Debt #2
$1.98M
$1.96M
$20.0K
13.50%—
2027-05-31
Emerald Technologies Acquisition Co, Inc.
Capital Goods
Secured Debt
$1.94M
$2.33M
-$397.0K
11.20%+6.25%
2027-12-29
IG Parent Corporation
Software & Services
Secured Debt #3
$1.93M
$1.91M
$17.0K
10.70%+5.75%
2028-07-30
VORTEQ Coil Finishers, LLC
Materials
Common Equity
$1.91M
$769.0K
$1.14M
——
—
Freeport Financial Funds, LP
—
Interests (Freeport First Lien Loan Fund III LP)
$1.89M
$2.15M
-$262.0K
——
—
Watterson Brands, LLC
Commercial & Professional Services
Secured Debt #4
$1.86M
$1.95M
-$93.0K
12.00%—
2026-12-17
Interface Security Systems, L.L.C
Commercial & Professional Services
Secured Debt #1
$1.84M
$2.00M
-$156.0K
15.06%+10.00%
2023-08-07
Coregistics Buyer LLC
Commercial & Professional Services
Secured Debt #3
$1.83M
$1.88M
-$46.0K
11.62%+6.50%
2029-06-28
Student Resource Center, LLC
Commercial & Professional Services
Secured Debt #2
$1.83M
$5.42M
-$3.60M
8.50%—
2027-12-31
Peaches Holding Corporation
Consumer Durables & Apparel
Common Equity
$1.80M
$1.80M
$0.00
——
—
Barfly Ventures, LLC
Consumer Services
Member Units
$1.79M
$528.0K
$1.26M
——
—
Clad-Rex Steel, LLC
Materials
Secured Debt #2
$1.78M
$1.78M
$0.00
10.00%—
2027-01-15
Garyline, LLC
Consumer Durables & Apparel
Secured Debt #1
$1.75M
$1.72M
$34.0K
11.95%+6.75%
2028-11-10
Jackmont Hospitality, Inc.
Consumer Services
Preferred Equity
$1.74M
$216.0K
$1.52M
——
—
Infinity X1 Holdings, LLC
Capital Goods
Preferred Equity
$1.73M
$1.09M
$638.0K
——
—
Robbins Bros. Jewelry, Inc.
Consumer Durables & Apparel
Secured Debt #2
$1.71M
$3.70M
-$1.99M
12.50%—
2026-12-15
Island Pump and Tank, LLC
Commercial & Professional Services
Secured Debt #2
$1.69M
$1.71M
-$20.0K
11.09%+5.50%
2029-05-17
Island Pump and Tank, LLC
Commercial & Professional Services
Secured Debt #3
$1.69M
$1.71M
-$20.0K
12.09%+6.50%
2029-05-17
Island Pump and Tank, LLC
Commercial & Professional Services
Secured Debt #4
$1.69M
$1.71M
-$20.0K
13.09%+7.50%
2029-05-17
Joerns Healthcare, LLC
Health Care Equipment & Services
Secured Debt #3
$1.67M
$1.67M
$0.00
13.45%+8.75%
2029-03-29
Metalforming Holdings, LLC
Capital Goods
Secured Debt #2
$1.63M
$1.63M
$0.00
10.75%—
2027-10-19
Jackmont Hospitality, Inc.
Consumer Services
Secured Debt #1
$1.61M
$1.60M
$3.0K
12.86%+7.50%
2024-11-04
The Affiliati Network, LLC
Commercial & Professional Services
Preferred Stock #2
$1.60M
$1.60M
$0.00
——
—
CenterPeak Holdings, LLC
Commercial & Professional Services
Preferred Equity
$1.59M
$404.0K
$1.19M
——
—
World Micro Holdings, LLC
Commercial & Professional Services
Secured Debt
$1.59M
$1.59M
$0.00
13.00%—
2027-12-12
BP Loenbro Holdings Inc.
Commercial & Professional Services
Common Equity
$1.55M
$1.00M
$550.0K
——
—
GRT Rubber Technologies LLC
Materials
Secured Debt #1
$1.55M
$1.54M
$14.0K
11.35%+6.00%
2026-10-29
DMA Industries, LLC
Automobiles & Components
Preferred Equity #1
$1.49M
$1.49M
$0.00
——
—
West Star Aviation Acquisition, LLC
Capital Goods
Secured Debt #3
$1.46M
$1.43M
$26.0K
9.60%+5.00%
2028-03-01
NuStep, LLC
Consumer Durables & Apparel
Preferred Member Units #1
$1.44M
$645.0K
$795.0K
——
—
Mystic Logistics Holdings, LLC
Transportation
Secured Debt #2
$1.44M
$1.43M
$4.0K
10.00%—
2027-01-31
Analytical Systems Keco Holdings, LLC
Capital Goods
Preferred Member Units #1
$1.43M
$607.0K
$823.0K
——
—
PTL US Bidco, Inc
Capital Goods
Secured Debt #2
$1.40M
$1.40M
-$1.0K
12.13%+6.75%
2027-08-19
The Affiliati Network, LLC
Commercial & Professional Services
Secured Debt #2
$1.37M
$1.39M
-$16.0K
10.00%—
2026-08-09
Brewer Crane Holdings, LLC
Capital Goods
Preferred Member Units
$1.36M
$1.07M
$290.0K
——
—
Power System Solutions
Utilities
Common Equity
$1.36M
$532.0K
$828.0K
——
—
Richardson Sales Solutions
Commercial & Professional Services
Secured Debt #1
$1.31M
$1.29M
$25.0K
11.92%+6.75%
2028-08-24
HDC/HW Intermediate Holdings
Software & Services
Secured Debt #1
$1.29M
$1.29M
$0.00
8.75%+3.50%
2026-06-21
Purge Rite, LLC
Commercial & Professional Services
Preferred Equity
$1.29M
$1.29M
$0.00
——
—
Brewer Crane Holdings, LLC
Capital Goods
Secured Debt
$1.28M
$1.28M
$0.00
15.35%+10.00%
2025-01-09
Jackmont Hospitality, Inc.
Consumer Services
Secured Debt #2
$1.25M
$1.24M
$7.0K
15.28%+10.00%
2024-11-04
JorVet Holdings, LLC
Health Care Equipment & Services
Preferred Equity
$1.25M
$1.22M
$29.0K
——
—
RA Outdoors LLC
Software & Services
Secured Debt #1
$1.19M
$1.31M
-$118.0K
11.59%+6.75%
2026-04-08
MonitorUS Holding, LLC
Software & Services
Secured Debt #1
$1.18M
$1.14M
$38.0K
14.00%—
2027-05-24
Xenon Arc, Inc.
Diversified Financials
Secured Debt #1
$1.18M
$1.16M
$20.0K
10.16%+5.25%
2028-12-20
Batjer TopCo, LLC
Commercial & Professional Services
Secured Debt #3
$1.16M
$1.16M
$0.00
10.00%—
2027-03-07
Tedder Industries, LLC
Consumer Durables & Apparel
Secured Debt #2
$1.16M
$3.80M
-$2.64M
12.00%—
2023-08-31
Elgin AcquireCo, LLC
Automobiles & Components
Secured Debt #2
$1.16M
$1.16M
$0.00
12.00%—
2027-10-03
Wall Street Prep, Inc.
Commercial & Professional Services
Common Stock
$1.16M
$500.0K
$660.0K
——
—
Brightwood Capital Fund Investments, LP
—
Interests (Brightwood Capital Fund III, LP)
$1.16M
$1.97M
-$818.0K
——
—
Inspire Aesthetics Management, LLC
Health Care Equipment & Services
Secured Debt #3
$1.13M
$1.23M
-$101.0K
13.27%+8.00%
2028-04-03
Iron-Main Investments, LLC
Commercial & Professional Services
Secured Debt #1
$1.11M
$1.11M
$0.00
13.00%—
2028-01-31
Urgent DSO LLC
Health Care Equipment & Services
Preferred Equity
$1.06M
$1.06M
$0.00
9.00%—
—
Joerns Healthcare, LLC
Health Care Equipment & Services
Secured Debt #4
$1.05M
$1.05M
$0.00
13.45%+8.75%
2029-03-29
Analytical Systems Keco Holdings, LLC
Capital Goods
Secured Debt #2
$1.02M
$1.02M
$0.00
13.75%—
2029-08-16
Invincible Boat Company, LLC.
Consumer Durables & Apparel
Secured Debt #1
$991.0K
$1.04M
-$45.0K
11.29%+6.50%
2025-08-28
Kickhaefer Manufacturing Company, LLC
Materials
Secured Debt #2
$984.0K
$984.0K
$0.00
9.00%—
2048-10-31
FCC Intermediate Holdco, LLC
Commercial & Professional Services
Warrants
$980.0K
$980.0K
$0.00
——
—
Mini Melts of America, LLC
Food, Beverage & Tobacco
Secured Debt #1
$975.0K
$951.0K
$24.0K
11.37%+6.25%
2028-11-30
ZRG Partners, LLC
Commercial & Professional Services
Secured Debt #3
$969.0K
$977.0K
-$8.0K
11.26%+6.00%
2029-06-14
KMS, LLC
Consumer Staples Distribution & Retail
Secured Debt #1
$967.0K
$1.24M
-$271.0K
14.50%+9.75%
2026-10-04
ATS Operating, LLC
Consumer Discretionary Distribution & Retail
Secured Debt #2
$925.0K
$915.0K
$10.0K
10.59%+5.00%
2027-01-18
ATS Operating, LLC
Consumer Discretionary Distribution & Retail
Secured Debt #3
$925.0K
$915.0K
$10.0K
12.59%+7.00%
2027-01-18
Adams Publishing Group, LLC
Media & Entertainment
Secured Debt #1
$924.0K
$943.0K
-$19.0K
11.00%+7.00%
2027-03-11
ITA Holdings Group, LLC
Health Care Equipment & Services
Secured Debt #3
$915.0K
$915.0K
$0.00
14.53%+8.00%
2027-06-21
ITA Holdings Group, LLC
Health Care Equipment & Services
Secured Debt #4
$915.0K
$915.0K
$0.00
16.53%+10.00%
2027-06-21
NuStep, LLC
Consumer Durables & Apparel
Secured Debt #1
$900.0K
$900.0K
$0.00
11.85%+6.50%
2025-01-31
Volusion, LLC
Software & Services
Secured Debt
$900.0K
$900.0K
$0.00
10.00%—
2025-03-31
LL Management, Inc.
Health Care Equipment & Services
Secured Debt #4
$863.0K
$854.0K
$9.0K
12.60%+7.25%
2025-12-31
Mini Melts of America, LLC
Food, Beverage & Tobacco
Secured Debt #2
$860.0K
$842.0K
$18.0K
11.33%+6.25%
2028-11-30
Datacom, LLC
Technology Hardware & Equipment
Secured Debt #2
$845.0K
$881.0K
-$36.0K
10.00%—
2025-12-31
ITA Holdings Group, LLC
Health Care Equipment & Services
Warrants
$820.0K
$523.0K
$297.0K
——
2033-06-21
Chamberlin Holding LLC
Commercial & Professional Services
Member Units #2
$805.0K
$443.0K
$362.0K
——
—
Winter Services LLC
Commercial & Professional Services
Secured Debt #1
$800.0K
$778.0K
$22.0K
13.59%+8.00%
2026-11-19
Isagenix International, LLC
Other
Secured Debt
$797.0K
$2.70M
-$1.90M
11.89%+6.60%
2028-04-14
DMA Industries, LLC
Automobiles & Components
Preferred Equity #2
$781.0K
$781.0K
$0.00
15.00%—
—
SPAU Holdings, LLC
Consumer Durables & Apparel
Secured Debt #1
$780.0K
$769.0K
$11.0K
12.46%+7.50%
2027-07-01
BP Loenbro Holdings Inc.
Commercial & Professional Services
Secured Debt #1
$771.0K
$748.0K
$23.0K
11.22%+6.00%
2029-02-01
SI East, LLC
Materials
Secured Debt #1
$750.0K
$744.0K
$6.0K
11.75%—
2028-06-16
Iron-Main Investments, LLC
Commercial & Professional Services
Secured Debt #2
$724.0K
$724.0K
$0.00
13.00%—
2028-01-31
Iron-Main Investments, LLC
Commercial & Professional Services
Common Stock
$710.0K
$689.0K
$21.0K
——
—
DTE Enterprises, LLC
Capital Goods
Class AA Preferred Member Units (non-voting)
$681.0K
$1.32M
-$635.0K
10.00%—
—
JTI Electrical & Mechanical, LLC
Capital Goods
Secured Debt #1
$664.0K
$695.0K
-$31.0K
13.37%+8.00%
2026-12-22
West Star Aviation Acquisition, LLC
Capital Goods
Secured Debt #1
$662.0K
$652.0K
$10.0K
9.60%+5.00%
2028-03-01
Classic H&G Holdings, LLC
Commercial & Professional Services
Preferred Member Units
$660.0K
—
—
——
—
PrimeFlight Aviation Services
Transportation
Secured Debt #4
$646.0K
$637.0K
$9.0K
9.85%+5.25%
2029-05-01
Hawk Ridge Systems, LLC
Commercial & Professional Services
Secured Debt #1
$640.0K
$639.0K
$1.0K
11.35%+6.00%
2026-01-15
Integral Energy Services
Commercial & Professional Services
Common Stock
$640.0K
$1.58M
-$944.0K
——
—
Kickhaefer Manufacturing Company, LLC
Materials
Member Units
$623.0K
$248.0K
$375.0K
——
—
ZRG Partners, LLC
Commercial & Professional Services
Secured Debt #2
$613.0K
$598.0K
$15.0K
—+6.00%
2029-06-14
Inspire Aesthetics Management, LLC
Health Care Equipment & Services
Secured Debt #1
$609.0K
$662.0K
-$53.0K
13.03%+8.00%
2028-04-03
LL Management, Inc.
Health Care Equipment & Services
Secured Debt #1
$601.0K
$601.0K
$0.00
12.43%+7.25%
2025-12-31
Imaging Business Machines, L.L.C.
Technology Hardware & Equipment
Secured Debt #1
$593.0K
$593.0K
$0.00
12.08%+7.00%
2028-06-30
West Star Aviation Acquisition, LLC
Capital Goods
Common Stock
$590.0K
$200.0K
$390.0K
——
—
Binswanger Enterprises, LLC
Commercial & Professional Services
Member Units
$580.0K
$1.05M
-$470.0K
——
—
Batjer TopCo, LLC
Commercial & Professional Services
Preferred Stock
$570.0K
$455.0K
$115.0K
——
—
PrimeFlight Aviation Services
Transportation
Secured Debt #3
$569.0K
$556.0K
$13.0K
10.10%+5.50%
2029-05-01
PrimeFlight Aviation Services
Transportation
Secured Debt #2
$566.0K
$548.0K
$18.0K
10.10%+5.50%
2029-05-01
Zips Car Wash, LLC
Consumer Services
Secured Debt #2
$555.0K
$591.0K
-$36.0K
12.46%+7.25%
2024-12-31
Oneliance, LLC
Commercial & Professional Services
Preferred Stock
$550.0K
$282.0K
$268.0K
——
—
Imaging Business Machines, L.L.C.
Technology Hardware & Equipment
Common Equity
$540.0K
$580.0K
-$40.0K
——
—
Slick Innovations, LLC
Commercial & Professional Services
Common Stock
$540.0K
—
—
——
—
Copper Trail Fund Investments, LP
—
Interests (CTMH, LP)
$530.0K
$655.0K
-$125.0K
——
—
World Micro Holdings, LLC
Commercial & Professional Services
Preferred Equity
$530.0K
$530.0K
$0.00
——
—
Integral Energy Services
Commercial & Professional Services
Preferred Equity
$527.0K
$290.0K
$237.0K
10.00%—
—
Purge Rite, LLC
Commercial & Professional Services
Common Equity
$520.0K
$13.0K
$507.0K
——
—
Career Team Holdings, LLC
Commercial & Professional Services
Common Stock
$500.0K
$500.0K
$0.00
——
—
NexRev LLC
Utilities
Secured Debt #1
$490.0K
$490.0K
$0.00
10.00%—
2025-02-28
CAI Software LLC
Software & Services
Preferred Equity #1
$472.0K
$454.0K
$18.0K
——
—
Titan Meter Midco Corp.
Energy
Preferred Equity
$469.0K
$469.0K
$0.00
8.00%—
—
Metalforming Holdings, LLC
Capital Goods
Preferred Equity
$460.0K
$434.0K
$26.0K
8.00%—
—
PTL US Bidco, Inc
Capital Goods
Secured Debt #1
$442.0K
$441.0K
$1.0K
12.19%+6.75%
2027-08-19
Channel Partners Intermediateco, LLC
Consumer Services
Secured Debt #1
$437.0K
$455.0K
-$18.0K
12.02%+7.00%
2027-02-07
Tedder Industries, LLC
Consumer Durables & Apparel
Secured Debt #1
$432.0K
$460.0K
-$28.0K
12.00%—
2023-08-31
Coregistics Buyer LLC
Commercial & Professional Services
Secured Debt #1
$429.0K
$426.0K
$3.0K
—+6.50%
2029-06-28
Channel Partners Intermediateco, LLC
Consumer Services
Secured Debt #4
$418.0K
$439.0K
-$21.0K
12.55%+7.00%
2027-02-07
MoneyThumb Acquisition, LLC
Software & Services
Preferred Member Units
$414.0K
$414.0K
$0.00
12.00%—
—
UPS Intermediate, LLC
Capital Goods
Common Equity
$412.0K
$412.0K
$0.00
——
—
Elgin AcquireCo, LLC
Automobiles & Components
Secured Debt #3
$406.0K
$406.0K
$0.00
9.00%—
2052-10-03
IG Investor, LLC
Consumer Durables & Apparel
Secured Debt #1
$378.0K
$378.0K
$0.00
13.00%—
2028-06-21
Elgin AcquireCo, LLC
Automobiles & Components
Common Stock #1
$370.0K
$374.0K
-$4.0K
——
—
HDC/HW Intermediate Holdings
Software & Services
Secured Debt #2
$359.0K
$401.0K
-$42.0K
2.50%—
2026-06-21
Gulf Publishing Holdings, LLC
Media & Entertainment
Secured Debt #2
$351.0K
$600.0K
-$249.0K
12.50%—
2027-07-01
MH Corbin Holding LLC
Capital Goods
Secured Debt
$345.0K
$1.31M
-$965.0K
14.00%—
2025-12-31
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
$306.0K
$2.0K
12.87%+8.00%
2026-12-22
IG Parent Corporation
Software & Services
Secured Debt #1
$306.0K
$297.0K
$9.0K
10.95%+5.75%
2026-07-30
Mini Melts of America, LLC
Food, Beverage & Tobacco
Common Equity
$300.0K
$300.0K
$0.00
——
—
ITA Holdings Group, LLC
Health Care Equipment & Services
Secured Debt #1
$294.0K
$294.0K
$0.00
15.53%+9.00%
2027-06-21
Metalforming Holdings, LLC
Capital Goods
Common Stock
$290.0K
$113.0K
$177.0K
——
—
Watterson Brands, LLC
Commercial & Professional Services
Secured Debt #1
$290.0K
$303.0K
-$13.0K
12.00%—
2026-12-17
American Teleconferencing Services, Ltd.
Technology Hardware & Equipment
Secured Debt #2
$282.0K
$11.45M
-$11.17M
——
2023-06-08
JTI Electrical & Mechanical, LLC
Capital Goods
Secured Debt #3
$264.0K
$272.0K
-$8.0K
12.85%+8.00%
2026-12-22
Hawk Ridge Systems, LLC
Commercial & Professional Services
Preferred Member Units #2
$250.0K
$38.0K
$212.0K
——
—
ITA Holdings Group, LLC
Health Care Equipment & Services
Secured Debt #2
$248.0K
$248.0K
$0.00
15.53%+9.00%
2027-06-21
Clad-Rex Steel, LLC
Materials
Secured Debt #3
$244.0K
$244.0K
$0.00
10.00%—
2036-12-20
Escalent, Inc.
Commercial & Professional Services
Common Equity
$240.0K
$174.0K
$66.0K
——
—
Clad-Rex Steel, LLC
Materials
Member Units #2
$237.0K
$127.0K
$110.0K
——
—
Student Resource Center, LLC
Commercial & Professional Services
Secured Debt #1
$223.0K
$223.0K
$0.00
8.50%—
2027-12-31
MonitorUS Holding, LLC
Software & Services
Common Stock
$211.0K
$256.0K
-$45.0K
——
—
Elgin AcquireCo, LLC
Automobiles & Components
Common Stock #2
$196.0K
$102.0K
$94.0K
——
—
Iron-Main Investments, LLC
Commercial & Professional Services
Preferred Equity
$190.0K
$178.0K
$12.0K
25.00%—
—
SPAU Holdings, LLC
Consumer Durables & Apparel
Common Stock
$190.0K
$200.0K
-$10.0K
——
—
Bluestem Brands, Inc.
Consumer Discretionary Distribution & Retail
Secured Debt #1
$187.0K
$99.0K
$88.0K
13.82%+8.50%
2025-08-28
Channel Partners Intermediateco, LLC
Consumer Services
Secured Debt #3
$173.0K
$183.0K
-$10.0K
12.55%+7.00%
2027-02-07
AAC Holdings, Inc.
Health Care Equipment & Services
Secured Debt #1
$171.0K
$172.0K
-$1.0K
18.00%—
2025-06-25
Garyline, LLC
Consumer Durables & Apparel
Common Equity
$170.0K
$210.0K
-$40.0K
——
—
Joerns Healthcare, LLC
Health Care Equipment & Services
Common Stock #2
$166.0K
$166.0K
$0.00
——
—
CaseWorthy, Inc.
Software & Services
Common Equity
$160.0K
$80.0K
$80.0K
——
—
Ansira Partners II, LLC
Commercial & Professional Services
Secured Debt #1
$148.0K
$148.0K
$0.00
11.88%+6.75%
2029-07-01
MoneyThumb Acquisition, LLC
Software & Services
Warrants
$148.0K
$148.0K
$0.00
——
—
DMA Industries, LLC
Automobiles & Components
Secured Debt #1
$137.0K
$137.0K
$0.00
12.00%—
2029-06-19
Insight Borrower Corporation
Capital Goods
Common Equity
$130.0K
$239.0K
-$109.0K
——
—
AVEX Aviation Holdings, LLC
Transportation
Common Equity
$111.0K
$134.0K
-$23.0K
——
—
ATS Operating, LLC
Consumer Discretionary Distribution & Retail
Secured Debt #1
$105.0K
$105.0K
$0.00
11.59%+6.00%
2027-01-18
ATS Operating, LLC
Consumer Discretionary Distribution & Retail
Common Stock
$100.0K
$100.0K
$0.00
——
—
Archer Systems, LLC
Commercial & Professional Services
Common Stock
$100.0K
$62.0K
$38.0K
——
—
Boccella Precast Products LLC
Capital Goods
Member Units
$80.0K
$564.0K
-$484.0K
——
—
Career Team Holdings, LLC
Commercial & Professional Services
Secured Debt #1
$71.0K
$71.0K
$0.00
11.25%+6.00%
2026-12-17
Boccella Precast Products LLC
Capital Goods
Secured Debt
$66.0K
$80.0K
-$14.0K
10.00%—
2027-02-28
The Affiliati Network, LLC
Commercial & Professional Services
Preferred Stock #1
$65.0K
$65.0K
$0.00
——
—
Dalton US Inc.
Commercial & Professional Services
Common Stock
$60.0K
$52.0K
$8.0K
——
—
Dynamic Communities, LLC
Commercial & Professional Services
Preferred Equity #1
$60.0K
$128.0K
-$68.0K
——
—
American Teleconferencing Services, Ltd.
Technology Hardware & Equipment
Secured Debt #1
$59.0K
$2.38M
-$2.32M
——
2023-04-07
South Coast Terminals Holdings, LLC
Materials
Common Equity
$59.0K
$61.0K
-$2.0K
——
—
Watterson Brands, LLC
Commercial & Professional Services
Secured Debt #2
$50.0K
$48.0K
$2.0K
12.00%—
2026-12-17
Batjer TopCo, LLC
Commercial & Professional Services
Secured Debt #1
$49.0K
$49.0K
$0.00
10.00%—
2027-03-07
AMEREQUIP LLC
Capital Goods
Common Stock
$40.0K
$83.0K
-$43.0K
——
—
Datacom, LLC
Technology Hardware & Equipment
Preferred Member Units
$40.0K
$290.0K
-$250.0K
——
—
Datacom, LLC
Technology Hardware & Equipment
Secured Debt #1
$39.0K
$39.0K
$0.00
7.50%—
2025-12-31
MonitorUS Holding, LLC
Software & Services
Unsecured Debt #1
$32.0K
$32.0K
$0.00
8.00%—
2025-03-31
Acumera, Inc.
Technology Hardware & Equipment
Common Equity
$30.0K
—
—
——
—
Batjer TopCo, LLC
Commercial & Professional Services
Secured Debt #2
$30.0K
$30.0K
$0.00
10.00%—
2027-03-07
MonitorUS Holding, LLC
Software & Services
Unsecured Debt #3
$30.0K
$30.0K
$0.00
8.00%—
2025-12-21
JTI Electrical & Mechanical, LLC
Capital Goods
Common Equity
$20.0K
$140.0K
-$120.0K
——
—
Clarius BIGS, LLC
Diversified Financials
Secured Debt
$17.0K
$2.34M
-$2.32M
——
2015-01-05
MonitorUS Holding, LLC
Software & Services
Unsecured Debt #2
$16.0K
$16.0K
$0.00
8.00%—
2025-06-30
Interface Security Systems, L.L.C
Commercial & Professional Services
Secured Debt #2
$11.0K
$7.25M
-$7.24M
12.35%+7.00%
2023-08-07
Inspire Aesthetics Management, LLC
Health Care Equipment & Services
Common Equity
$10.0K
$322.0K
-$312.0K
——
—
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 #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 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
——
—
Joerns Healthcare, LLC
Health Care Equipment & Services
Secured Debt #1
$0.00
$942.0K
-$942.0K
21.59%+16.00%
2024-08-21
Joerns Healthcare, LLC
Health Care Equipment & Services
Secured Debt #2
$0.00
$906.0K
-$906.0K
21.59%+16.00%
2024-08-21
Joerns Healthcare, LLC
Health Care Equipment & Services
Common Stock #1
$0.00
$3.68M
-$3.68M
——
—
MH Corbin Holding LLC
Capital Goods
Preferred Member Units #1
$0.00
$1.10M
-$1.10M
——
—
MH Corbin Holding LLC
Capital Goods
Preferred Member Units #2
$0.00
$1.50M
-$1.50M
——
—
Robbins Bros. Jewelry, Inc.
Consumer Durables & Apparel
Preferred Equity
$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
——
—
The Affiliati Network, LLC
Commercial & Professional Services
Secured Debt #1
-$2.0K
-$2.0K
$0.00
——
2026-08-09
NinjaTrader, LLC
Diversified Financials
Secured Debt #1
-$3.0K
-$3.0K
$0.00
—+6.50%
2026-12-18
Wall Street Prep, Inc.
Commercial & Professional Services
Secured Debt #1
-$4.0K
-$4.0K
$0.00
—+7.00%
2026-07-19
Microbe Formulas, LLC
Other
Secured Debt #1
-$5.0K
-$5.0K
$0.00
—+6.00%
2028-04-03
Robbins Bros. Jewelry, Inc.
Consumer Durables & Apparel
Secured Debt #1
-$5.0K
-$5.0K
$0.00
——
2026-12-15
Island Pump and Tank, LLC
Commercial & Professional Services
Secured Debt #1
-$6.0K
-$6.0K
$0.00
—+6.50%
2029-05-17
American Health Staffing Group, Inc.
Commercial & Professional Services
Secured Debt #1
-$7.0K
-$7.0K
$0.00
—+5.00%
2026-11-19
Escalent, Inc.
Commercial & Professional Services
Secured Debt #1
-$8.0K
-$8.0K
$0.00
—+8.00%
2029-04-07
BP Loenbro Holdings Inc.
Commercial & Professional Services
Secured Debt #2
-$11.0K
-$11.0K
$0.00
—+6.00%
2029-02-01
HEADLANDS OP-CO LLC
Health Care Equipment & Services
Secured Debt #1
-$11.0K
-$11.0K
$0.00
—+6.50%
2027-08-01
Bond Brand Loyalty ULC
Commercial & Professional Services
Secured Debt #1
-$13.0K
-$13.0K
$0.00
—+7.00%
2028-05-01
AVEX Aviation Holdings, LLC
Transportation
Secured Debt #1
-$14.0K
-$14.0K
$0.00
—+7.25%
2027-12-23
Obra Capital, Inc.
Diversified Financials
Secured Debt #1
-$14.0K
-$14.0K
$0.00
—+7.50%
2028-12-21
Bettercloud, Inc.
Software & Services
Secured Debt #1
-$15.0K
-$15.0K
$0.00
—+10.25%
2028-06-30
Purge Rite, LLC
Commercial & Professional Services
Secured Debt #1
-$16.0K
-$16.0K
$0.00
—+8.00%
2028-10-02
Compass Systems & Sales, LLC
Capital Goods
Secured Debt #1
-$17.0K
-$17.0K
$0.00
——
2028-11-22
HEADLANDS OP-CO LLC
Health Care Equipment & Services
Secured Debt #3
-$18.0K
-$18.0K
$0.00
—+6.50%
2027-08-01
Hornblower Sub, LLC
Transportation
Secured Debt #1
-$24.0K
-$24.0K
$0.00
—+5.50%
2029-07-03
Creative Foam Corporation
Capital Goods
Secured Debt #1
-$29.0K
-$29.0K
$0.00
—+5.75%
2029-06-27
Insight Borrower Corporation
Capital Goods
Secured Debt #2
-$29.0K
-$29.0K
$0.00
—+6.25%
2029-07-19
Power System Solutions
Utilities
Secured Debt #1
-$29.0K
-$29.0K
$0.00
—+6.50%
2028-06-07
ZRG Partners, LLC
Commercial & Professional Services
Secured Debt #1
-$29.0K
-$29.0K
$0.00
—+6.00%
2029-06-14
Insight Borrower Corporation
Capital Goods
Secured Debt #1
-$34.0K
-$34.0K
$0.00
—+6.25%
2028-07-19
CQ Fluency, LLC
Commercial & Professional Services
LLC, Secured Debt #1
-$35.0K
-$35.0K
$0.00
—+6.75%
2027-06-27
CQ Fluency, LLC
Commercial & Professional Services
LLC, Secured Debt #2
-$35.0K
-$35.0K
$0.00
—+6.75%
2027-06-27
Titan Meter Midco Corp.
Energy
Secured Debt #1
-$43.0K
-$43.0K
$0.00
—+6.50%
2029-03-11
Computer Data Source, LLC
Commercial & Professional Services
Secured Debt #2
-$49.0K
-$49.0K
$0.00
—+8.00%
2026-08-06
JDC Power Services, LLC
Capital Goods
Secured Debt #1
-$49.0K
-$49.0K
$0.00
—+6.75%
2029-06-28
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
—
—
—
——
—
Buca C, LLC
Consumer Services
Secured Debt #2
—
—
—
15.00%—
2025-04-01
Burning Glass Intermediate Holding Company, Inc.
Commercial & Professional Services
Secured Debt #1
—
-$9.0K
—
—+5.00%
2026-06-10
CAI Software LLC
Software & Services
Preferred Equity #2
—
—
—
——
—
CenterPeak Holdings, LLC
Commercial & Professional Services
Secured Debt #1
—
-$3.0K
—
——
2026-12-10
Chamberlin Holding LLC
Commercial & Professional Services
Secured Debt #1
—
-$32.0K
—
—+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
—
-$2.0K
—
——
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
—
—
—
——
—
Interface Security Systems, L.L.C
Commercial & Professional Services
Common Stock
—
—
—
——
—
Isagenix International, LLC
Other
Common Equity
—
—
—
——
—
Mako Steel, LP
Real Estate Management & Development
Secured Debt #1
—
-$24.0K
—
—+7.50%
2026-03-15
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
—
-$8.0K
—
——
2028-12-31
RA Outdoors LLC
Software & Services
Common Equity
—
—
—
——
2026-04-08
Roof Opco, LLC
Capital Goods
Secured Debt #1
—
-$7.0K
—
—+8.00%
2026-08-27
Student Resource Center, LLC
Commercial & Professional Services
Preferred Equity
—
—
—
——
—
Trantech Radiator Topco, LLC
Capital Goods
Secured Debt #1
—
-$1.0K
—
——
2027-05-31
Vitesse Systems, Secured Debt
—
Secured Overnight Financing Rate #1
—
—
—
—+7.00%
—
Vitesse Systems, Secured Debt 1, Prime
—
—
—
—
—
—+6.00%
—
Volusion, LLC
Software & Services
Preferred Member Units #2
—
—
—
——
—
Disclosed holdings FV
$1.16B
Parsed holdings FV
$1.20B
Residual gap
-$33.96M
Balance-sheet cash
$48.93M
CIK
0001535778
Accession
0001535778-24-000189
Form type
10-Q
Period
2024-09-30