BDC·info
CGBD

Carlyle Secured Lending

Period
SEC EDGAR ↗
Portfolio Fair Value
$1.80B
188 holdings
Avg Spread
+6.98%
FV-weighted, debt
Avg Coupon
11.20%
FV-weighted
% First Lien
59.9%
of debt FV
Unrealized P/L
-$44.67M
-2.42% of cost
Non-Accrual
4
text-detected

Balance sheet

Assets$1.93B
Liabilities + Equity$1.93B
First Lien
$1.08B · 56.1%
Other
$254.67M · 13.2%
Debt (Borrowings)
$960.95M · 49.9%
Net Assets (Equity)
$905.20M · 47.0%

Industry Composition

Unclassified
66.9%
LP Interest
23.0%
Investment Funds
10.1%

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

1.0%
 
2.5%
 
3.5%
 
4.5%
5.0%
5.5%
 
6.5%
 
7.5%
 
8.5%
 
10.0%
 
11.0%
 
14.0%
 
Schedule of Investments

All holdings

All holdings
Sortable, click headers to re-sort
188 of 262
IssuerIndustryType
Fair Value
Cost
Unrealized
Coupon
Spread
Maturity
Investment Funds, Middle Market Credit Fund, LLC
Investment Funds
Subordinated Loan and Member's Interest, Investment Funds
$182.64M
$193.00M
-$10.37M
11.40%+11.40%
—
Investment Funds, Middle Market Credit Fund II, LLC
Investment Funds
Member's Interest, Investment Funds
$64.00M
$78.10M
-$14.10M
20.86%+20.86%
—
First Lien Debt, NMI AcquisitionCo, Inc. - High Tech Industries
Credit Fund II
First Lien Debt (70.8% of fair value)
$37.68M
$37.70M
-$14.0K
9.36%+5.00%
—
First Lien Debt, Kaseya, Inc. - High Tech Industries
—
First Lien Debt (70.8% of fair value)
$36.85M
$36.30M
$543.0K
10.08%+5.50%
—
First Lien Debt, Appriss Health, LLC - Healthcare & Pharmaceuticals
Credit Fund II
First Lien Debt (70.8% of fair value)
$35.84M
$35.72M
$120.0K
11.70%+7.00%
—
Second Lien, AQA Acquisition Holdings, Inc., High Tech Industries
—
Second Lien Debt (6.5% of fair value)
$34.91M
$34.45M
$459.0K
10.84%+6.25%
—
Second Lien, AP Plastics Acquisition Holdings, LLC, Chemicals, Plastics & Rubber
—
Second Lien Debt (6.5% of fair value)
$33.68M
$33.05M
$627.0K
11.61%+7.25%
—
First Lien Debt, Greenhouse Software, Inc. - Software
—
First Lien Debt (70.8% of fair value)
$33.00M
$32.28M
$727.0K
10.58%+6.25%
—
First Lien Debt, Aurora Lux FinCo S.Á.R.L. (Luxembourg) - Software
Credit Fund II
First Lien Debt (70.8% of fair value)
$32.58M
$33.38M
-$796.0K
11.33%+3.00%
—
First Lien, SPF Borrower, LLC
—
Healthcare & Pharmaceuticals #1
$31.37M
$31.37M
$0.00
10.58%+6.25%
—
First Lien Debt, Park County Holdings, LLC, Media: Diversified & Production
—
First Lien Debt (70.8% of fair value)
$28.61M
$28.25M
$366.0K
11.62%+7.28%
—
First Lien Debt, Spotless Brands, LLC, Consumer Services1
—
First Lien Debt (70.8% of fair value)
$28.44M
$27.87M
$573.0K
10.03%+5.75%
—
First Lien Debt, Tufin Software North America, Inc. - Software
—
First Lien Debt (70.8% of fair value)
$28.20M
$27.94M
$259.0K
11.29%+6.95%
—
First Lien Debt, Comar Holding Company, LLC - Containers, Packaging & Glass
Credit Fund II
First Lien Debt (70.8% of fair value)
$27.79M
$30.70M
-$2.91M
11.23%+2.00%
—
First Lien Debt, iCIMS, Inc.
—
Software #1
$27.42M
$27.66M
-$242.0K
10.38%+5.75%
—
First Lien Debt, Hadrian Acquisition Limited (United Kingdom) - Diversified Financial Services
—
First Lien Debt (70.8% of fair value)
GBP 27.36M
GBP 28.31M
-GBP 950.0K
13.08%+5.16%
—
Equity Investments, SPF HoldCo LLC, Healthcare & Pharmaceuticals
—
Equity Investments (1.4% of fair value)
$25.83M
$20.83M
$5.00M
——
—
First Lien Debt, Maverick Acquisition, Inc. - Aerospace & Defense
Credit Fund II
First Lien Debt (70.8% of fair value)
$25.46M
$34.66M
-$9.21M
10.58%+6.25%
—
First Lien Debt, SPay, Inc. - Leisure Products & Services
—
First Lien Debt (70.8% of fair value)
$25.11M
$29.20M
-$4.09M
13.84%+2.88%
—
First Lien Debt, Galileo Parent, Inc., Telecommunications
—
First Lien Debt (70.8% of fair value)
$24.56M
$24.56M
$0.00
10.08%+5.75%
—
First Lien Debt, Avalara, Inc., Diversified Financial Services
—
First Lien Debt (70.8% of fair value)
$23.85M
$23.42M
$435.0K
10.58%+6.25%
—
First Lien Debt, Apex Companies Holdings, LLC, Environmental Industries
—
First Lien Debt (70.8% of fair value)
$23.73M
$23.43M
$304.0K
9.78%+5.25%
—
First Lien Debt, Tank Holding Corp. - Capital Equipment
Credit Fund II
First Lien Debt (70.8% of fair value)
$21.21M
$20.96M
$257.0K
10.00%+5.75%
—
First Lien Debt, Medical Manufacturing Technologies, LLC - Healthcare & Pharmaceuticals
Credit Fund II
First Lien Debt (70.8% of fair value)
$20.26M
$20.35M
-$89.0K
10.09%+5.75%
—
First Lien Debt, Barnes & Noble, Inc. - Retail
—
First Lien Debt (70.8% of fair value)
$20.00M
$19.81M
$186.0K
13.17%+8.81%
—
First Lien Debt, LVF Holdings, Inc. - Beverage & Food
Credit Fund II
First Lien Debt (70.8% of fair value)
$19.96M
$19.76M
$203.0K
9.83%+5.50%
—
Equity Investments, Integrity Marketing Group, LLC, Banking, Finance, Insurance & Real Estate
—
Equity Investments (5.0% of fair value)
$19.94M
$20.50M
-$554.0K
—+10.50%
—
First Lien Debt, World 50, Inc., - Business Services
—
First Lien Debt (70.8% of fair value)
$18.79M
$18.64M
$148.0K
10.11%+5.75%
—
First Lien Debt, Vensure Employer Services, Inc., Business Services
—
First Lien Debt (70.8% of fair value)
$18.11M
$17.93M
$187.0K
9.34%+5.00%
—
First Lien Debt, Speedstar Holding LLC, Auto Aftermarket & Services
—
First Lien Debt (70.8% of fair value)
$17.94M
$17.95M
-$9.0K
10.59%+6.00%
—
First Lien Debt, Hercules Borrower LLC - Environmental Industries
—
First Lien Debt (70.8% of fair value)
$17.89M
$17.68M
$213.0K
9.83%+5.50%
—
First Lien Debt, U.S. Legal Support, Inc., Business Services
Credit Fund II
First Lien Debt (70.8% of fair value)
$17.42M
$17.45M
-$36.0K
10.08%+5.75%
—
First Lien Debt, Prophix Software Inc.
—
(Canada), Software #1
$17.13M
$17.05M
$79.0K
10.35%+6.00%
—
First Lien Debt, North Haven Fairway Buyer, LLC
—
Consumer Services #1
$16.18M
$15.97M
$215.0K
10.90%+6.50%
—
First Lien Debt, NEFCO Holding Comapny LLC - Construction & Building
—
First Lien Debt (70.8% of fair value)
$15.58M
$15.35M
$239.0K
10.31%+5.75%
—
First Lien Debt, Regency Entertainment, Inc., Media: Advertising, Printing & Publishing
—
First Lien Debt (70.8% of fair value)
$15.45M
$14.71M
$736.0K
13.33%+6.75%
—
First Lien Debt, Advanced Web Technologies Holding Company - Containers, Packaging & Glass
—
First Lien Debt (70.8% of fair value)
$15.03M
$14.86M
$169.0K
10.56%+4.00%
—
First Lien Debt, Quantic Electronics, LLC
—
Aerospace & Defense #1
$14.92M
$14.79M
$125.0K
10.33%+6.00%
—
First Lien Debt, CoreWeave Compute Acquisition Co. IV, LLC, High Tech Industries
—
First Lien Debt (70.8% of fair value)
$14.72M
$14.77M
-$49.0K
10.54%+6.00%
—
First Lien Debt, CircusTrix Holdings, LLC
—
Leisure Products & Services #2
$14.71M
$14.23M
$480.0K
10.86%+6.50%
—
First Lien, SPF Borrower, LLC
—
Healthcare & Pharmaceuticals #2
$14.66M
$14.66M
$0.00
13.83%+9.50%
—
Equity Investments, Diligent Corporation, Telecommunications
—
Equity Investments (5.0% of fair value)
$14.32M
$14.33M
-$5.0K
—+10.50%
—
Equity Investments, Blackbird Holdco, Inc., Capital Equipment
—
Equity Investments (5.0% of fair value)
$14.01M
$14.01M
-$3.0K
—+12.50%
—
First Lien Debt, Bayside OPCP, LLC
—
Healthcare & Pharmaceuticals #2
$13.87M
$13.87M
$0.00
11.73%+7.25%
—
First Lien Debt, Associations, Inc. - Construction & Building
—
First Lien Debt (70.8% of fair value)
$13.78M
$13.63M
$149.0K
11.05%+6.50%
—
First Lien Debt, DCA Investment Holding LLC - Healthcare & Pharmaceuticals
—
First Lien Debt (70.8% of fair value)
$13.57M
$14.05M
-$475.0K
10.73%+6.41%
—
First Lien Debt, Dwyer Instruments, Inc. - Capital Equipment
Credit Fund II
First Lien Debt (70.8% of fair value)
$13.10M
$12.91M
$184.0K
9.14%+4.75%
—
First Lien Debt, Rialto Management Group, LLC, Diversified Financial Services
—
First Lien Debt (70.8% of fair value)
$12.95M
$12.95M
-$2.0K
9.53%+5.00%
—
Second Lien, PAI Holdco, Inc., Auto Aftermarket & Services
—
Second Lien Debt (6.5% of fair value)
$12.89M
$14.44M
-$1.55M
12.09%+5.50%
—
First Lien Debt, Cority Software Inc.
—
(Canada) - Software #2
$12.72M
$12.68M
$37.0K
9.34%+4.75%
—
First Lien Debt, Seahawk Bidco, LLC, Consumer Services
—
First Lien Debt (70.8% of fair value)
$12.31M
$12.31M
$0.00
9.10%+4.75%
—
First Lien Debt, Ellkay, LLC - Healthcare & Pharmaceuticals
—
First Lien Debt (70.8% of fair value)
$12.28M
$13.88M
-$1.60M
12.55%+5.50%
—
Equity Investments, Titan DI Preferred Holdings, Inc. - Energy: Oil & Gas
—
Equity Investments (5.0% of fair value)
$12.03M
$11.93M
$98.0K
—+13.50%
—
Second Lien, TruGreen Limited
—
Partnership, Consumer Services
$11.48M
$12.85M
-$1.36M
13.09%+8.50%
—
First Lien Debt, PF Atlantic Holdco 2, LLC - Leisure Products & Services
Credit Fund II
First Lien Debt (70.8% of fair value)
$11.46M
$11.31M
$147.0K
10.04%+5.50%
—
First Lien Debt, Radwell Parent, LLC, Wholesale
Credit Fund II
First Lien Debt (70.8% of fair value)
$10.95M
$10.77M
$179.0K
9.83%+5.50%
—
First Lien Debt, TCFI Aevex LLC - Aerospace & Defense
Credit Fund II
First Lien Debt (70.8% of fair value)
$10.82M
$10.77M
$49.0K
10.36%+6.00%
—
First Lien Debt, ADPD Holdings, LLC - Consumer Services
—
First Lien Debt (70.8% of fair value)
$10.40M
$11.24M
-$847.0K
10.79%+6.00%
—
First Lien Debt, The Chartis Group, LLC, Healthcare & Pharmaceuticals
—
First Lien Debt (70.8% of fair value)
$10.32M
$10.26M
$58.0K
8.85%+4.50%
—
First Lien Debt, Accession Risk Management Group, Inc.. - Diversified Financial Services
Credit Fund II
First Lien Debt (70.8% of fair value)
$10.16M
$10.00M
$168.0K
9.28%+4.75%
—
Second Lien, 11852604 Canada Inc. (Canada), Healthcare & Pharmaceuticals
—
Second Lien Debt (6.5% of fair value)
$9.96M
$10.09M
-$136.0K
13.98%+9.50%
—
First Lien Debt, Hoosier Intermediate, LLC, Healthcare & Pharmaceuticals
Credit Fund II
First Lien Debt (70.8% of fair value)
$9.71M
$9.56M
$146.0K
9.52%+5.00%
—
First Lien Debt, Quantic Electronics, LLC
—
Aerospace & Defense #2
$9.63M
$9.54M
$81.0K
10.33%+6.00%
—
First Lien Debt, Heartland Home Services, Inc
—
Consumer Services #2
$9.62M
$10.07M
-$459.0K
10.08%+5.75%
—
First Lien Debt, PXO Holdings I Corp. - Chemicals, Plastics & Rubber
Credit Fund II
First Lien Debt (70.8% of fair value)
$9.50M
$9.36M
$133.0K
9.90%+5.50%
—
First Lien Debt, Bradyifs Holdings, LLC, Wholesale
—
First Lien Debt (70.8% of fair value)
$9.03M
$8.84M
$187.0K
9.52%+5.00%
—
First Lien Debt, Rotation Buyer, LLC, Capital Equipment
—
First Lien Debt (70.8% of fair value)
$8.92M
$8.92M
-$1.0K
9.08%+4.75%
—
First Lien Debt, Infront Luxembourg Finance S.À R.L. (Luxembourg) - Leisure Products & Services
—
First Lien Debt (70.8% of fair value)
EUR 8.79M
EUR 10.14M
-EUR 1.35M
12.91%+4.50%
—
First Lien Debt, Coupa Holdings, LLC, Software
—
First Lien Debt (70.8% of fair value)
$8.73M
$8.40M
$331.0K
10.09%+5.50%
—
First Lien Debt, Denali Midco 2, LLC - Consumer Services
—
First Lien Debt (70.8% of fair value)
$8.36M
$8.27M
$94.0K
9.61%+5.25%
—
First Lien Debt, Oranje Holdco, Inc., Business Services
—
First Lien Debt (70.8% of fair value)
$8.12M
$7.88M
$233.0K
12.32%+7.75%
—
First Lien Debt, Icefall Parent, Inc. - Software
—
First Lien Debt (70.8% of fair value)
$7.80M
$7.66M
$143.0K
10.86%+6.50%
—
First Lien Debt, Big Bus Tours Group Limited
—
(United Kingdom), Leisure Products & Services #3
$7.79M
$7.78M
$8.0K
12.75%+8.25%
—
First Lien Debt, Smarsh Inc. - Software
—
First Lien Debt (70.8% of fair value)
$7.51M
$7.40M
$113.0K
10.08%+5.75%
—
First Lien Debt, US INFRA SVCS Buyer, LLC, Environmental Industries
Credit Fund II
First Lien Debt (70.8% of fair value)
$7.40M
$8.15M
-$749.0K
12.04%+2.50%
—
First Lien Debt, Athlete Buyer, LLC - Construction & Building
—
First Lien Debt (70.8% of fair value)
$7.40M
$7.38M
$18.0K
10.08%+5.75%
—
First Lien Debt, Oak Purchaser, Inc. - Business Services
—
First Lien Debt (70.8% of fair value)
$7.35M
$7.43M
-$73.0K
9.81%+5.50%
—
First Lien Debt, Jeg's Automotive, LLC - Auto Aftermarket & Services
—
First Lien Debt (70.8% of fair value)
$7.30M
$7.30M
-$2.0K
11.29%+7.00%
—
First Lien Debt, Material Holdings, LLC - Business Services
Credit Fund II
First Lien Debt (70.8% of fair value)
$7.26M
$7.26M
$0.00
10.33%+1.35%
—
First Lien Debt, BlueCat Networks, Inc. (Canada), High Tech Industries
—
First Lien Debt (70.8% of fair value)
$7.25M
$7.27M
-$18.0K
10.40%+5.00%
—
First Lien Debt, IQN Holding Corp. - Business Services
—
First Lien Debt (70.8% of fair value)
$7.03M
$6.98M
$49.0K
9.76%+5.25%
—
First Lien Debt, Heartland Home Services, Inc - Consumer Services
—
First Lien Debt (70.8% of fair value)
$6.86M
$7.17M
-$317.0K
10.33%+6.00%
—
First Lien Debt, Alpine Acquisition Corp II - Transportation: Cargo
Credit Fund II
First Lien Debt (70.8% of fair value)
$6.73M
$8.74M
-$2.01M
10.55%+2.00%
—
First Lien Debt, Performance Health Holdings, Inc. - Healthcare & Pharmaceuticals
—
First Lien Debt (70.8% of fair value)
$6.44M
$6.38M
$63.0K
10.11%+5.75%
—
First Lien Debt, Project Castle, Inc., Capital Equipment
—
First Lien Debt (70.8% of fair value)
$6.39M
$6.78M
-$388.0K
10.09%+5.50%
—
First Lien Debt, YLG Holdings, Inc. - Consumer Services
—
First Lien Debt (70.8% of fair value)
$6.27M
$6.32M
-$48.0K
9.32%+4.75%
—
Equity Investments, Appriss Health, LLC, Healthcare & Pharmaceuticals
—
Equity Investments (5.0% of fair value)
$6.14M
$6.27M
-$124.0K
—+11.00%
—
First Lien Debt, QNNECT, LLC, Aerospace & Defense
—
First Lien Debt (70.8% of fair value)
$6.13M
$5.97M
$162.0K
10.26%+5.25%
—
First Lien Debt, Excel Fitness Holdings, Inc.
—
Leisure Products & Services #1
$6.09M
$6.05M
$49.0K
9.58%+5.25%
—
First Lien Debt, Auditboard, Inc, Software
—
First Lien Debt (70.8% of fair value)
$5.94M
$5.91M
$36.0K
9.07%+4.75%
—
Second Lien, Bayside OPCP, LLC, Healthcare & Pharmaceuticals
—
Second Lien Debt (6.5% of fair value)
$5.67M
$5.13M
$536.0K
14.48%+10.00%
—
First Lien Debt, Total Power Limited (Canada), Energy: Electricity
—
First Lien Debt (70.8% of fair value)
CAD 5.49M
CAD 5.71M
-CAD 220.0K
10.16%+5.25%
—
Second Lien, Associations, Inc., Construction & Building
—
Second Lien Debt (6.5% of fair value)
$5.47M
$5.47M
-$2.0K
14.25%+14.25%
—
First Lien Debt, United Flow Technologies Intermediate Holdco II, LLC, Environmental Industries
—
First Lien Debt (70.8% of fair value)
$5.27M
$5.17M
$98.0K
9.59%+5.25%
—
Equity Investments, Atlas Ontario LP (Canada), Business Services
—
Equity Investments (5.0% of fair value)
$5.11M
$5.11M
$0.00
——
—
First Lien Debt, Pestco Intermediate, LLC
—
Environmental Industries #1
$5.08M
$4.92M
$164.0K
10.78%+6.25%
—
First Lien Debt, Big Bus Tours Group Limited
—
(United Kingdom), Leisure Products & Services #2
EUR 4.99M
EUR 5.24M
-EUR 247.0K
11.21%+8.25%
—
First Lien Debt, Bayside OPCP, LLC
—
Healthcare & Pharmaceuticals #1
$4.91M
$4.91M
$0.00
11.73%+7.25%
—
First Lien Debt, CST Holding Company, Consumer Goods: Non-Durable
—
First Lien Debt (70.8% of fair value)
$4.89M
$4.77M
$118.0K
9.36%+5.00%
—
First Lien Debt, Wineshipping.com LLC - Beverage & Food2
Credit Fund II
First Lien Debt (70.8% of fair value)
$4.80M
$5.79M
-$995.0K
10.29%+5.75%
—
First Lien Debt, BMS Holdings III Corp. - Construction & Building
Credit Fund II
First Lien Debt (70.8% of fair value)
$4.57M
$4.70M
-$129.0K
9.83%+5.50%
—
First Lien Debt, Celerion Buyer, Inc., Healthcare & Pharmaceuticals
—
First Lien Debt (70.8% of fair value)
$4.53M
$4.48M
$46.0K
9.53%+5.00%
—
First Lien Debt, Optimizely North America Inc.
—
High Tech Industries #2
$4.45M
$4.43M
$20.0K
9.36%+5.00%
—
First Lien Debt, iRobot Corporation, Consumer Goods: Durable
—
First Lien Debt (70.8% of fair value)
$4.26M
$4.40M
-$144.0K
13.63%+6.50%
—
First Lien Debt, Ascend Buyer, LLC - Containers, Packaging & Glass
Credit Fund II
First Lien Debt (70.8% of fair value)
$3.77M
$3.73M
$47.0K
10.17%+5.75%
—
First Lien Debt, Lifelong Learner Holdings, LLC - Business Services
—
First Lien Debt (70.8% of fair value)
$3.77M
$4.09M
-$323.0K
12.44%+7.75%
—
First Lien Debt, Azurite Intermediate Holdings, Inc. - Software
—
First Lien Debt (70.8% of fair value)
$3.65M
$3.52M
$130.0K
10.86%+6.50%
—
First Lien Debt, Dance Midco S.a.r.l. (United Kingdom), Media: Diversified & Production
—
First Lien Debt (70.8% of fair value)
EUR 3.51M
EUR 3.63M
-EUR 123.0K
8.54%+5.50%
—
First Lien Debt, Bingo Group Buyer, Inc., Environmental Industries
—
First Lien Debt (70.8% of fair value)
$3.50M
$3.39M
$107.0K
9.33%+5.00%
—
Equity Investments, Tank Holding Corp. - Capital Equipment
—
Equity Investments (5.0% of fair value)
$3.48M
—
—
——
—
First Lien Debt, Tank Holding Corp.
—
Capital Equipment #2
$3.40M
$3.36M
$34.0K
10.35%+6.00%
—
First Lien Debt, North Haven Stallone Buyer, LLC
—
Consumer Services #2
$3.39M
$3.31M
$77.0K
9.66%+5.25%
—
First Lien Debt, Oranje Holdco, Inc.
—
Business Services #1
$3.34M
$3.31M
$31.0K
11.82%+7.25%
—
First Lien Debt, Excelitas Technologies Corp.
—
Capital Equipment #2
$3.31M
$3.29M
$13.0K
9.61%+5.25%
—
First Lien Debt, USR Parent Inc. - Retail
—
First Lien Debt (70.8% of fair value)
$3.29M
$3.31M
-$25.0K
12.15%+7.60%
—
First Lien Debt, Birsa S.p.A. (Italy), Healthcare & Pharmaceuticals
—
First Lien Debt (70.8% of fair value)
EUR 3.09M
EUR 3.19M
-EUR 96.0K
8.58%+6.00%
—
First Lien Debt, Atlas US Finco, Inc., High Tech Industries
—
First Lien Debt (70.8% of fair value)
$2.89M
$2.81M
$77.0K
9.63%+5.00%
—
First Lien Debt, IG Investments Holdings, LLC, Business Services
—
First Lien Debt (70.8% of fair value)
$2.78M
$2.78M
$0.00
9.57%+5.00%
—
First Lien Debt, PAM Bidco Limited
—
(United Kingdom), Utilities: Water #2
GBP 2.30M
GBP 2.39M
-GBP 88.0K
12.24%+7.30%
—
First Lien Debt, AI Grace AUS Bidco Pty LTD (Australia), - Consumer Goods: Non-Durable
—
First Lien Debt (70.8% of fair value)
$2.29M
$2.23M
$60.0K
9.62%+5.25%
—
Equity Investments, Bayside HoldCo, LLC, Healthcare & Pharmaceuticals
—
Equity Investments (5.0% of fair value)
$2.24M
—
—
——
—
First Lien Debt, Eliassen Group, LLC - Business Services
—
First Lien Debt (70.8% of fair value)
$2.15M
$2.16M
-$15.0K
10.10%+5.75%
—
First Lien Debt, Turbo Buyer, Inc., Auto Aftermarket & Services
Credit Fund II
First Lien Debt (70.8% of fair value)
$2.10M
$2.27M
-$179.0K
10.47%+6.00%
—
Equity Investments, Talon MidCo 1 Limited, Software
—
Equity Investments (5.0% of fair value)
$1.96M
$1.46M
$499.0K
——
—
Equity Investments, Zenith American Holding, Inc., Business Services
—
Equity Investments (5.0% of fair value)
$1.96M
$752.0K
$1.20M
——
—
First Lien Debt, Pestco Intermediate, LLC
—
Environmental Industries #2
$1.88M
$1.87M
$8.0K
9.50%+5.25%
—
First Lien Debt, Excelitas Technologies Corp. - Capital Equipment
—
First Lien Debt (70.8% of fair value)
EUR 1.84M
EUR 1.87M
-EUR 28.0K
8.11%+5.25%
—
First Lien Debt, CoreWeave Compute Acquisition Co. II, LLC, High Tech Industries
—
First Lien Debt (70.8% of fair value)
$1.79M
$1.75M
$41.0K
14.10%+9.62%
—
First Lien Debt, Allied Benefit Systems Intermediate LLC, - Healthcare & Pharmaceuticals
—
First Lien Debt (70.8% of fair value)
$1.59M
$1.55M
$36.0K
9.63%+5.25%
—
First Lien Debt, Orthrus Limited
—
(United Kingdom), Diversified Financial Services #2
$1.56M
$1.57M
-$1.0K
10.72%+3.50%
—
First Lien Debt, Optimizely North America Inc.
—
High Tech Industries #1
EUR 1.56M
EUR 1.63M
-EUR 69.0K
8.11%+5.25%
—
Equity Investments, Buckeye Group Holdings, L.P.
—
Auto Aftermarket & Services #1
$1.52M
$1.52M
$0.00
—+11.29%
—
First Lien Debt, Generator US Buyer, Inc, Energy: Electricity
—
First Lien Debt (70.8% of fair value)
$1.51M
$1.50M
$8.0K
9.58%+5.25%
—
First Lien Debt, Atlas US Finco, Inc.
—
High Tech Industries #1
$1.34M
$1.31M
$25.0K
9.63%+5.00%
—
Second Lien, Denali Midco 2, LLC, Consumer Services
—
Second Lien Debt (6.5% of fair value)
$1.29M
$1.30M
-$1.0K
13.00%+13.00%
—
Equity Investments, Turbo Buyer, Inc. - Auto Aftermarket & Services
—
Equity Investments (5.0% of fair value)
$1.27M
$933.0K
$341.0K
——
—
First Lien Debt, Applied Technical Services, LLC
—
Business Services #2
$1.25M
$1.25M
-$2.0K
10.12%+5.75%
—
Second Lien, Aimbridge Acquisition Co., Inc., Hotel, Gaming & Leisure
—
Second Lien Debt (6.5% of fair value)
$1.12M
$9.12M
-$8.00M
11.79%+7.50%
—
First Lien Debt, GS AcquisitionCo, Inc., - Software
—
First Lien Debt (70.8% of fair value)
$1.10M
$1.09M
$9.0K
9.58%+5.25%
—
Equity Investments, ANLG Holdings, LLC, Capital Equipment
—
Equity Investments (5.0% of fair value)
$1.03M
$592.0K
$443.0K
——
—
First Lien Debt, Pushpay USA Inc., Diversified Financial Services
—
First Lien Debt (70.8% of fair value)
$1.00M
$990.0K
$10.0K
8.83%+4.50%
—
First Lien Debt, Oak Purchaser, Inc.
—
Business Services #1
$997.0K
$1.00M
-$3.0K
9.82%+5.50%
—
First Lien Debt, Orthrus Limited
—
(United Kingdom), Diversified Financial Services #3
GBP 825.0K
GBP 840.0K
-GBP 15.0K
10.95%+3.50%
—
Equity Investments,U.S. Legal Support Investment Holdings, LLC - Business Services
—
Equity Investments (5.0% of fair value)
$819.0K
$640.0K
$179.0K
——
—
Equity Investments, Pascal Ultimate Holdings, L.P - Capital Equipment
—
Equity Investments (5.0% of fair value)
$766.0K
$346.0K
$420.0K
——
—
First Lien Debt, Essential Services Holding Corporation, Consumer Services
—
First Lien Debt (70.8% of fair value)
$756.0K
$749.0K
$7.0K
9.65%+5.00%
—
First Lien Debt, Optimizely North America Inc.
—
High Tech Industries #3
GBP 755.0K
GBP 778.0K
-GBP 23.0K
10.20%+5.50%
—
Equity Investments, HIG Intermediate, Inc., Diversified Financial Services
—
Equity Investments (5.0% of fair value)
$751.0K
$751.0K
$0.00
—+10.50%
—
Equity Investments, Cority Software Inc. (Canada), Software
—
Equity Investments (5.0% of fair value)
$735.0K
$250.0K
$485.0K
——
—
First Lien Debt, Artifact Bidco, Inc., Software
—
First Lien Debt (70.8% of fair value)
$697.0K
$695.0K
$2.0K
8.83%+4.50%
—
First Lien Debt, AmpersCap LLC, Diversified Financial Services
—
First Lien Debt (70.8% of fair value)
$653.0K
$697.0K
-$44.0K
9.54%+5.25%
—
First Lien Debt, Diligent Corporation - Telecommunications
—
First Lien Debt (70.8% of fair value)
$642.0K
$627.0K
$15.0K
10.09%+5.00%
—
Equity Investments, NearU Holdings LLC - Consumer Services
—
Equity Investments (5.0% of fair value)
$625.0K
$2.47M
-$1.84M
——
—
First Lien Debt, Orthrus Limited
—
(United Kingdom), Diversified Financial Services #1
EUR 614.0K
EUR 627.0K
-EUR 13.0K
9.13%+3.50%
—
Equity Investments, NEFCO Holding Comapny LLC - Construction & Building
—
Equity Investments (5.0% of fair value)
$608.0K
$608.0K
$0.00
—+8.00%
—
First Lien Debt, PDI TA Holdings, Inc, - Software
—
First Lien Debt (70.8% of fair value)
$514.0K
$509.0K
$5.0K
10.08%+5.50%
—
Equity Investments, Profile Holdings I, LP - Chemicals, Plastics & Rubber
—
Equity Investments (5.0% of fair value)
$474.0K
$523.0K
-$49.0K
——
—
First Lien Debt, Applied Technical Services, LLC
—
Business Services #1
$470.0K
$468.0K
$2.0K
10.37%+6.00%
—
First Lien Debt, Material Holdings, LLC
—
Business Services #1
$453.0K
$677.0K
-$224.0K
10.29%+6.00%
—
First Lien Debt, Yellowstone Buyer Acquisition, LLC - Consumer Goods: Durable
—
First Lien Debt (70.8% of fair value)
$402.0K
$431.0K
-$29.0K
10.48%+5.75%
—
First Lien Debt, Chemical Computing Group ULC (Canada) - Software
—
First Lien Debt (70.8% of fair value)
$380.0K
$380.0K
$0.00
8.96%+4.50%
—
First Lien Debt, Excel Fitness Holdings, Inc. - Leisure Products & Services
—
First Lien Debt (70.8% of fair value)
$346.0K
$324.0K
$22.0K
9.83%+5.50%
—
First Lien Debt, HS Spa Holdings Inc.
—
Consumer Services #1
$313.0K
$308.0K
$5.0K
9.54%+5.25%
—
Equity Investments, CIP Revolution Holdings, LLC, Media: Advertising, Printing & Publishing
—
Equity Investments (5.0% of fair value)
$267.0K
$318.0K
-$51.0K
——
—
First Lien Debt, HS Spa Holdings Inc. - Consumer Services
Credit Fund II
First Lien Debt (70.8% of fair value)
$255.0K
$233.0K
$22.0K
9.76%+5.25%
—
First Lien Debt, FPG Intermediate Holdco, LLC - Consumer Services
—
First Lien Debt (70.8% of fair value)
$250.0K
$383.0K
-$133.0K
11.10%+1.00%
—
First Lien Debt, Ardonagh Midco 3 PLC (United Kingdom) - Diversified Financial Services
—
First Lien Debt (70.8% of fair value)
$237.0K
$232.0K
$5.0K
9.90%+4.75%
—
Equity Investments, Sinch AB (Sweden) - High Tech Industries
—
Equity Investments (5.0% of fair value)
$199.0K
$1.17M
-$969.0K
——
—
Equity Investments, ECP Parent, LLC, Healthcare & Pharmaceuticals
—
Equity Investments (5.0% of fair value)
$197.0K
—
—
——
—
Equity Investments, Summit K2 Midco, Inc., Diversified Financial Services
—
Equity Investments (5.0% of fair value)
$177.0K
$99.0K
$78.0K
——
—
First Lien Debt, SCP Eye Care HoldCo, LLC, Healthcare & Pharmaceuticals
—
First Lien Debt (70.8% of fair value)
$157.0K
$154.0K
$3.0K
9.90%+5.50%
—
Equity Investments, FS NU Investors, LP, Consumer Services
—
Equity Investments (5.0% of fair value)
$145.0K
$137.0K
$8.0K
—+20.00%
—
Equity Investments, GB Vino Parent, L.P., Beverage, Food & Tobacco
—
Equity Investments (5.0% of fair value)
$86.0K
$274.0K
-$188.0K
——
—
First Lien Debt, Guidehouse LLP - Sovereign & Public Finance
—
First Lien Debt (70.8% of fair value)
$81.0K
$79.0K
$2.0K
10.11%+3.75%
—
Equity Investments, EvolveIP, LLC, Telecommunications
Credit Fund II
Equity Investments (5.0% of fair value)
$45.0K
$153.0K
-$108.0K
——
—
First Lien Debt, PAM Bidco Limited
—
(United Kingdom), Utilities: Water #1
$28.0K
$29.0K
-$1.0K
10.75%+10.75%
—
Equity Investments, North Haven Goldfinch Topco, LLC - Containers, Packaging & Glass
—
Equity Investments (5.0% of fair value)
$0.00
$2.31M
-$2.31M
——
—
First Lien Debt, QBS Parent, Inc., Energy: Oil & Gas
—
First Lien Debt (70.8% of fair value)
-$5.0K
-$5.0K
$0.00
9.27%+4.75%
—
First Lien Debt, Prophix Software Inc. (Canada), Software
—
First Lien Debt (70.8% of fair value)
-$8.0K
-$10.0K
$2.0K
10.36%+6.00%
—
First Lien Debt, Spotless Brands, LLC, Consumer Services2
—
First Lien Debt (70.8% of fair value)
-$25.0K
-$63.0K
$38.0K
10.06%+5.50%
—
First Lien Debt, Big Bus Tours Group Limited
—
(United Kingdom), Leisure Products & Services #1
-$38.0K
-$38.0K
$0.00
12.54%+8.25%
—
First Lien Debt, iCIMS, Inc.
—
Software #2
-$82.0K
—
—
10.38%+5.75%
—
Equity Investments, 48forty Intermediate Holdings, Inc., Transportation: Cargo
Credit Fund II
Equity Investments (5.0% of fair value)
—
—
—
——
—
Equity Investments, Buckeye Group Holdings, L.P.
—
Auto Aftermarket & Services #2
—
—
—
——
—
Equity Investments, Buckeye Group Holdings, L.P.
—
Auto Aftermarket & Services #3
—
—
—
——
—
Equity Investments, TW LRW Holdings, LLC, Business Services
Credit Fund II
Equity Investments (5.0% of fair value)
—
—
—
——
—
First Lien Debt, PPV Intermediate Holdings, LLC, Healthcare & Pharmaceuticals
—
First Lien Debt (70.8% of fair value)
—
-$80.0K
—
9.54%+5.25%
—
Investment Funds, Middle Market Credit Fund, Mezzanine Loan, Investment Funds
Investment Funds
Equity Investments (1.4% of fair value)
—
—
—
9.79%+5.50%
—
Disclosed holdings FV
$1.80B
Parsed holdings FV
$1.80B
Residual gap
$0.00
Balance-sheet cash
$56.58M
CIK
0001544206
Accession
0001544206-25-000011
Form type
10-K
Period
2024-12-31