SLR Investment · filed 2024-02-27
Total Fair Value
$10.19B
200 holdings
Unrealized P/L
-$440.40M
-4.14% vs cost
W. Avg Spread
+6.63%
debt, FV-weighted
W. Avg Coupon
11.64%
debt, FV-weighted
% First Lien
40.6%
by fair value
Non-Accrual
0
text-detected
Investment Type Allocation
Fair value by type
Industry Concentration
Top 10 industries by fair value
$10.19B
Total Fair Value
- Health Care Equipment&Supplies27.2%
- Vapotherm, Inc.Health Care Equipment & Supplies25.0%
- Net Assets - 100.0%19.4%
- Health Care Providers & Services3.6%
- Multi-Sector Holdings3.6%
- Diversified Financial Services3.6%
- Government3.3%
- Shares/Units2.5%
- Health Care Equipment & Supplies1.2%
- Unclassified0.9%
- Other industries9.7%
Spread Distribution
Floating-rate debt holdings by 50bp spread bucket
All holdings
Sortable, click headers to re-sort
200 of 201
| Issuer | Industry | Type | Fair Value | Cost | Unrealized | Coupon | Spread | Maturity |
|---|---|---|---|---|---|---|---|---|
Cash Equivalents - 33.7% | Net Assets - 100.0% | Common Equity/Equity Interests/Warrants (continued) | $2.49B | $2.52B | -$35.63M | — | — | — |
Common Equity/Equity Interests/Warrants-62.5% | Health Care Equipment&Supplies | Common Equity/Equity Interests/Warrants (continued) | $2.15B | $2.19B | -$35.63M | — | — | — |
Senior Secured Loans - 129.5% | Vapotherm, Inc.Health Care Equipment & Supplies | First Lien Life Science Senior Secured Loans | $1.28B | $1.27B | $8.90M | — | — | — |
Cash Equivalents - 33.7% | Net Assets - 100.0% | Common Equity/Equity Interests/Warrants (continued) | $986.64M | — | — | — | — | — |
Senior Secured Loans - 129.5% | Vapotherm, Inc.Health Care Equipment & Supplies | Total First Lien Bank Debt/Senior Secured Loans | $872.94M | $862.89M | $10.06M | — | — | — |
Common Equity/Equity Interests/Warrants-62.5% | Health Care Equipment&Supplies | Total Common Equity/Equity Interests/Warrants | $616.61M | $634.50M | -$17.89M | — | — | — |
Senior Secured Loans - 129.5% | Vapotherm, Inc.Health Care Equipment & Supplies | Total First Lien Life Science Senior Secured Loans | $359.24M | $355.96M | $3.27M | — | — | — |
Cash Equivalents - 33.7% | U.S. Treasury Bill | Government | Common Equity/Equity Interests/Warrants (continued) | $332.29M | $332.29M | $0.00 | — | — | — |
Common Equity/Equity Interests/Warrants-62.5% | SLR Credit Solutions | Diversified Financial Services | Common Equity/Equity Interests/Warrants | $284.00M | $80.74M | $203.26M | — | — | — |
Equipment Financing 26.0% | Shares/Units | First Lien Life Science Senior Secured Loans | $256.82M | $282.08M | -$25.26M | — | — | — |
Common Equity/Equity Interests/Warrants-62.5% | KBH Topco LLC (Kingsbridge). | Multi-Sector Holdings | Common Equity/Equity Interests/Warrants | $142.00M | $136.60M | $5.40M | — | — | — |
Equipment Financing 26.0% | Multi-Sector Holdings | SLR Equipment Finance Equity Interests | $120.82M | $145.00M | -$24.18M | — | — | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Kingsbridge Holdings, LLC | Multi-Sector Holdings | Senior Secured Loans (continued) | $96.00M | $95.90M | $103.0K | 12.52% | +7.00% | — |
Common Equity/Equity Interests/Warrants-62.5% | SLR Business Credit | Diversified Financial Services |4/1/2022 | — | Common Equity/Equity Interests/Warrants | $90.37M | $81.58M | $8.79M | — | — | — |
Senior Secured Loans - 129.5% | First Lien Life Science Senior Secured Loans | Arcutis Biotherapeutics, Inc. | Pharamceuticals | First Lien Life Science Senior Secured Loans | $68.19M | $68.17M | $17.0K | 12.90% | +7.45% | — |
Senior Secured Loans - 129.5% | First Lien Life Science Senior Secured Loans | Outset Medical, Inc. | Health Care Equipment & Supplies | First Lien Life Science Senior Secured Loans | $44.84M | $44.84M | $2.0K | 10.50% | +5.15% | — |
Common Equity/Equity Interests/Warrants-62.5% | Asset Management | SLR Senior Lending Program LLC | $43.90M | $42.88M | $1.02M | — | — | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Enhanced Permanent Capital, LLC | Capital Markets | First Lien Bank Debt/Senior Secured Loans | $42.52M | $41.86M | $657.0K | 12.44% | +7.00% | — |
Senior Secured Loans - 129.5% | First Lien Life Science Senior Secured Loans | BridgeBio Pharma, Inc. | Biotechnology | First Lien Life Science Senior Secured Loans | $40.85M | $40.57M | $287.0K | 9.00% | — | — |
Senior Secured Loans - 129.5% | Vapotherm, Inc.Health Care Equipment & Supplies | First Lien Life Science Senior Secured Loans | $38.23M | $38.09M | $141.0K | 14.75% | +9.30% | — |
Senior Secured Loans - 129.5% | First Lien Life Science Senior Secured Loans | Alimera Sciences, Inc. | Pharmaceuticals | First Lien Life Science Senior Secured Loans | $37.27M | $34.95M | $2.33M | 10.50% | +5.15% | — |
Senior Secured Loans - 129.5% | First Lien Life Science Senior Secured Loans | Cerapedics, Inc. | iotechnology | First Lien Life Science Senior Secured Loans | $36.16M | $36.26M | -$104.0K | 11.55% | +6.20% | — |
Common Equity/Equity Interests/Warrants-62.5% | SLR Healthcare ABL | Diversified Financial Services | Common Equity/Equity Interests/Warrants (continued) | $35.85M | $34.34M | $1.51M | — | — | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | iCIMS, Inc.| Software | Health Care Providers & Services | Senior Secured Loans (continued) | $31.06M | $30.64M | $417.0K | 12.10% | +7.25% | — |
Senior Secured Loans - 129.5% | First Lien Life Science Senior Secured Loans | Neuronetics, Inc. | Health Care Equipment & Supplies | First Lien Life Science Senior Secured Loans | $30.88M | $30.92M | -$43.0K | 11.00% | +5.65% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | CC SAG Holdings Corp. (Spectrum Automotive) | Diversified Consumer Services | First Lien Bank Debt/Senior Secured Loans | $30.51M | $30.03M | $479.0K | 11.22% | +5.75% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Luxury Asset Capital, LLC | Thrifts & Mortgage Finance | Senior Secured Loans (continued) | $30.50M | $30.03M | $468.0K | 12.21% | +6.75% | — |
Senior Secured Loans - 129.5% | Second Lien Asset-Based Senior Secured Loans | AMF Levered II, LLC | Diversified Financial Services | Second Lien Asset-Based Senior Secured Loans | $29.33M | $29.47M | -$148.0K | 12.52% | +7.05% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | ONS MSO, LLC | Health Care Providers & Services | Senior Secured Loans (continued) | $28.11M | $27.45M | $656.0K | 11.62% | +6.25% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Retina Midco, Inc. | Health Care Providers & Services | Senior Secured Loans (continued) | $27.58M | $27.59M | -$9.0K | 11.38% | +5.75% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Foundation Consumer Brands, LLC | Personal Products | First Lien Bank Debt/Senior Secured Loans | $26.73M | $26.18M | $545.0K | 11.79% | +6.25% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Ultimate Baked Goods Midco LLC (Rise Baking) | Packaged Foods & Meats | Senior Secured Loans (continued) | $26.09M | $25.81M | $284.0K | 10.96% | +6.25% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Stryten Resources LLC | Auto Parts and Equipment | Senior Secured Loans (continued) | $26.04M | $25.34M | $703.0K | 13.47% | +8.00% | — |
Senior Secured Loans - 129.5% | First Lien Life Science Senior Secured Loans | OmniGuide Holdings, Inc. | Health Care Equipment & Supplies | First Lien Life Science Senior Secured Loans | $24.62M | $24.87M | -$251.0K | 11.25% | +5.80% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Kaseya, Inc. | Software | Senior Secured Loans (continued) | $24.52M | $24.21M | $304.0K | 10.86% | +6.00% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | RQM+ Corp. | Life Sciences Tools & Services | Senior Secured Loans (continued) | $23.64M | $23.33M | $309.0K | 11.36% | +5.75% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Pinnacle Treatment Centers, Inc. | Health Care Providers & Services | Senior Secured Loans (continued) | $22.69M | $22.41M | $282.0K | 11.86% | +6.50% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Fertility (ITC) Investment Holdco, LLC | Health Care Providers & Services | First Lien Bank Debt/Senior Secured Loans | $22.60M | $22.00M | $596.0K | 11.97% | +6.50% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Higginbotham Insurance Agency, Inc.| Insurance | Health Care Providers & Services | Senior Secured Loans (continued) | $21.21M | $21.21M | $0.00 | 10.96% | +5.50% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | DeepIntent, Inc. | Media | First Lien Bank Debt/Senior Secured Loans | $21.07M | $21.07M | $0.00 | 10.25% | +1.75% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Kid Distro Holdings, LLC (Distro Kid) | Software | Senior Secured Loans (continued) | $20.21M | $19.93M | $273.0K | 11.00% | +5.50% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Human Interest Inc|Internet Software & Services | Health Care Providers & Services | Senior Secured Loans (continued) | $20.10M | $19.94M | $161.0K | 13.19% | +7.85% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Bayside Opco, LLC | Healthcare Providers & Services | First Lien Bank Debt/Senior Secured Loans | $19.41M | $19.41M | $0.00 | 12.75% | +7.25% | — |
Senior Secured Loans - 129.5% | First Lien Life Science Senior Secured Loans | Ardelyx, Inc. | Pharmaceuticals | First Lien Life Science Senior Secured Loans | $17.77M | $17.31M | $460.0K | 13.32% | +7.95% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Maxor Acquisition, Inc. | Health Care Providers & Services | Senior Secured Loans (continued) | $17.60M | $17.13M | $476.0K | 12.48% | +6.75% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | CVAUSA Management, LLC | Health Care Providers & Services | First Lien Bank Debt/Senior Secured Loans | $17.37M | $16.87M | $493.0K | 11.74% | +6.50% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Plastics Management, LLC | Health Care Providers & Services | Senior Secured Loans (continued) | $17.14M | $16.49M | $652.0K | 10.45% | +5.00% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Peter C. Foy & Associates Insurance Services, LLC | Insurance | Senior Secured Loans (continued) | $16.54M | $16.64M | -$97.0K | 11.47% | +6.00% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | UVP Management, LLC | Health Care Providers & Services | Senior Secured Loans (continued) | $16.50M | $16.55M | -$51.0K | 11.75% | +6.25% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Atria Wealth Solutions, Inc.| Diversified Financial Services | Health Care Providers & Services | First Lien Bank Debt/Senior Secured Loans | $16.24M | $16.16M | $84.0K | 11.97% | +6.50% | — |
Common Equity/Equity Interests/Warrants-62.5% | SLR-AMI Topco Blocker, LLC | Internet &Catalog Retail | Common Equity/Equity Interests/Warrants | $15.87M | $24.09M | -$8.22M | — | — | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Southern Orthodontic Partners Management, LLC | Health Care Providers & Services | Senior Secured Loans (continued) | $15.54M | $15.30M | $245.0K | 11.72% | +6.25% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | SunMed Group Holdings, LLC | Health Care Equipment & Supplies | Senior Secured Loans (continued) | $14.98M | $14.68M | $306.0K | 10.96% | +5.50% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Logix Holding Company, LLC | Communications Equipment | Senior Secured Loans (continued) | $13.73M | $13.61M | $116.0K | 13.25% | +4.75% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Aegis Toxicology Sciences Corporation | Health Care Providers & Services | First Lien Bank Debt/Senior Secured Loans | $13.36M | $13.19M | $172.0K | 11.13% | +5.50% | — |
Equipment Financing 26.0% | Signet Marine Corporation | Transportation Infrastructure | First Lien Life Science Senior Secured Loans | $12.27M | $12.31M | -$38.0K | 8.50% | — | — |
Equipment Financing 26.0% | Lux Credit Consultants, LLC | Road & Rail | 8.28-12.09 % | 12/1/2024-12/1/2026 | First Lien Life Science Senior Secured Loans | $10.91M | $10.91M | $0.00 | — | — | — |
Senior Secured Loans - 129.5% | First Lien Life Science Senior Secured Loans | Glooko, Inc. | Health Care Technology | First Lien Life Science Senior Secured Loans | $10.37M | $10.01M | $363.0K | 13.35% | +7.90% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | The Townsend Company, LLC | Commercial Services & Supplies | Senior Secured Loans (continued) | $10.28M | $10.03M | $246.0K | 11.61% | +6.25% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | SCP Eye Care, LLC | Health Care Providers & Services | Senior Secured Loans (continued) | $10.02M | $9.73M | $287.0K | 11.17% | +5.75% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | United Digestive MSO Parent, LLC | Health Care Providers & Services | Senior Secured Loans (continued) | $9.81M | $9.54M | $268.0K | 12.25% | +6.75% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Urology Management Holdings, Inc | Health Care Providers & Services | Senior Secured Loans (continued) | $9.14M | $8.98M | $153.0K | 11.93% | +6.50% | — |
Kaseya, Inc | Software | Common Equity/Equity Interests/Warrants | $9.06M | $9.06M | $0.00 | 11.38% | +6.00% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | West-NR Parent, Inc. | Insurance | Senior Secured Loans (continued) | $9.02M | $8.85M | $167.0K | 11.70% | +6.25% | — |
CC SAG Holdings Corp | Diversified Consumer Services | Common Equity/Equity Interests/Warrants | $8.97M | $8.97M | $0.00 | 11.22% | +5.75% | — |
RxSense Holdings LLC | Diversified Consumer Services | Common Equity/Equity Interests/Warrants | $8.97M | $8.97M | $0.00 | 10.48% | +5.00% | — |
SunMed Group Holdings, LLC | Health Care Equipment and Supplies | Common Equity/Equity Interests/Warrants | $8.95M | $8.95M | $0.00 | 10.96% | +5.50% | — |
Kid Distro Holdings, LLC | Software | Common Equity/Equity Interests/Warrants | $8.94M | $8.94M | $0.00 | 11.00% | +5.50% | — |
Equipment Financing 26.0% | Waste Pro of Florida, Inc. & Waste Pro USA, Inc | Commercial Services & Supplies | First Lien Life Science Senior Secured Loans | $8.91M | $9.06M | -$142.0K | 9.17% | — | — |
Ultimate Baked Goods Midco LLC | Packaged Foods and Meats | Common Equity/Equity Interests/Warrants | $8.87M | $8.95M | -$89.0K | 11.71% | +6.25% | — |
Foundation Consumer Brands, LLC | Personal Products | Common Equity/Equity Interests/Warrants | $8.64M | $8.64M | $0.00 | 11.79% | +6.25% | — |
GSM Acquisition Corp | Leisure Equipment and Products | Common Equity/Equity Interests/Warrants | $8.54M | $8.54M | $0.00 | 10.47% | +5.00% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Alkeme Intermediary Holdings, LLC | Insurance | S+650 | 1.00 % | 11.96 % | 9/20/2023 |10/28/2026 | Health Care Providers & Services | First Lien Bank Debt/Senior Secured Loans | $8.51M | $8.28M | $237.0K | 11.96% | +6.50% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | SPAR Marketing Force, Inc | Media | Senior Secured Loans (continued) | $8.46M | $8.46M | $0.00 | 10.40% | +1.90% | — |
Erie Construction Mid-west, LLC | Building Products | Common Equity/Equity Interests/Warrants | $8.46M | $8.46M | $0.00 | 10.20% | +4.75% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | BayMark Health Services, Inc. | Health Care Providers & Services | First Lien Bank Debt/Senior Secured Loans | $8.27M | $8.02M | $249.0K | 10.61% | +5.00% | — |
Senior Secured Loans - 129.5% | Second Lien Asset-Based Senior Secured Loans | FGI Worldwide LLC | Diversified Financial Services | Second Lien Asset-Based Senior Secured Loans | $8.21M | $8.02M | $183.0K | 11.86% | +6.50% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | BDG Media, Inc. | Media | First Lien Bank Debt/Senior Secured Loans | $7.85M | $7.85M | $0.00 | 13.75% | +5.25% | — |
Senior Secured Loans - 129.5% | Second Lien Bank Debt/Senior Secured Loans | RD Holdco, Inc. | Diversified Consumer Services | Second Lien Bank Debt/Senior Secured Loans | $7.83M | $12.30M | -$4.47M | — | +9.75% | — |
High Street Buyer, Inc | Insurance | Common Equity/Equity Interests/Warrants | $7.60M | $7.60M | $0.00 | 11.25% | +5.75% | — |
Higginbotham Insurance Agency, Inc | Insurance | Common Equity/Equity Interests/Warrants | $7.57M | $7.57M | $0.00 | 10.96% | +5.50% | — |
Equipment Financing 26.0% | Loyer Capital LLC | Multi-Sector Holdings | 8.73-11.52% | 5/16/2024-9/25/2024 | First Lien Life Science Senior Secured Loans | $7.36M | $7.50M | -$139.0K | — | — | — |
Pinnacle Treatment Centers, Inc | Health Care Providers and Services | Common Equity/Equity Interests/Warrants | $6.95M | $6.95M | $0.00 | 11.95% | +6.50% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Accession Risk Management Group, Inc. (f/k/a RSC Acquisition, Inc.)| Insurance | Health Care Providers & Services | First Lien Bank Debt/Senior Secured Loans | $6.93M | $6.93M | $0.00 | 11.00% | +5.50% | — |
West-NR Parent, Inc | Insurance | Common Equity/Equity Interests/Warrants | $6.82M | $6.69M | $131.0K | 11.70% | +6.25% | — |
Senior Secured Loans - 129.5% | First Lien Life Science Senior Secured Loans | Vertos Medical, Inc. | Health Care Equipment & Supplies | First Lien Life Science Senior Secured Loans | $6.65M | $6.60M | $47.0K | 10.50% | +5.15% | — |
Equipment Financing 26.0% | Clubcorp Holdings, Inc | Hotels, Restaurants & Leisure | 9.36-13.01% | 4/1/2025-5/1/2028 | First Lien Life Science Senior Secured Loans | $6.46M | $6.46M | $0.00 | — | — | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | TAUC Management, LLC | Health Care Providers & Services | P+450 | 1.00% | 13.00% | 4/1/2022| 2/12/2027 | Health Care Providers & Services | Senior Secured Loans (continued) | $6.41M | $6.65M | -$237.0K | 13.00% | +4.50% | — |
Maxor Acquisition, Inc | Health Care Providers and Services| S+675 | Ratios to average net assets: | Common Equity/Equity Interests/Warrants | $6.12M | $5.94M | $180.0K | 12.48% | +6.75% | — |
Equipment Financing 26.0% | C-Port/Stone LLC | Oil, Gas & Consumable Fuels | First Lien Life Science Senior Secured Loans | $6.06M | $6.10M | -$38.0K | 8.54% | — | — |
Fertility (ITC) Investment Holdco, LLC | Health Care Providers and Services | Common Equity/Equity Interests/Warrants | $5.96M | $5.79M | $164.0K | 11.97% | +6.50% | — |
RQM+ Corp | Life Sciences Tools and Services | Common Equity/Equity Interests/Warrants | $5.96M | $5.96M | $0.00 | 11.36% | +5.75% | — |
Equipment Financing 26.0% | Smiley Lifting Solutions, LLC | Commercial Services & Supplies | 7.82-8.61% | 9/15/2026-6/27/2030 | First Lien Life Science Senior Secured Loans | $5.95M | $5.95M | $0.00 | — | — | — |
ONS MSO, LLC | Health Care Providers and Services | Common Equity/Equity Interests/Warrants | $5.92M | $5.78M | $138.0K | 11.62% | +6.25% | — |
Tilley Distribution, Inc | Trading Companies and Distributors | Common Equity/Equity Interests/Warrants | $5.85M | $5.85M | $0.00 | 11.50% | +6.00% | — |
Plastics Management, LLC | Health Care Providers and Services | Common Equity/Equity Interests/Warrants | $5.64M | $5.47M | $166.0K | 10.45% | +5.00% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Orthopedic Care Partners Management, LLC | Health Care Providers & Services | Senior Secured Loans (continued) | $5.49M | $5.47M | $18.0K | 12.11% | +6.50% | — |
CVAUSA Management, LLC | Health Care Providers and Services | Common Equity/Equity Interests/Warrants | $5.41M | $5.25M | $161.0K | 11.74% | +6.50% | — |
Equipment Financing 26.0% | First National Capital, LLC | Diversified Financial Services | First Lien Life Science Senior Secured Loans | $5.29M | $5.29M | $0.00 | 9.00% | — | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Bayside Parent, LLC | Healthcare Providers & Services | First Lien Bank Debt/Senior Secured Loans | $5.15M | $5.15M | $0.00 | 15.50% | +10.00% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | SHO Holding I Corporation (Shoes for Crews) | Footwear | Senior Secured Loans (continued) | $5.09M | $5.56M | -$465.0K | 10.87% | +5.23% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Crewline Buyer, Inc. | IT Services | S+675 | 1.00% | 12.10% | 11/8/2023 |11/8/2030 | Health Care Providers & Services | First Lien Bank Debt/Senior Secured Loans | $4.96M | $4.96M | -$1.0K | 12.10% | +6.75% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt / Senior Secured Loans | Copper River Seafoods, Inc. | Food Products | First Lien Bank Debt/Senior Secured Loans | $4.95M | $4.95M | $0.00 | 11.25% | +2.75% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | One Touch Direct, LLC. | Commercial Services & Supplies | P+75 | -| 9.25% | Health Care Providers & Services | Senior Secured Loans (continued) | $4.92M | $4.92M | $0.00 | 9.25% | +75.00% | — |
Apex Service Partners, LLC | Diversified Consumer Services | S+700 | 1.00% | 11.87% |10/24/30 | Ratios to average net assets: | Common Equity/Equity Interests/Warrants | $4.78M | $4.78M | -$1.0K | 11.87% | +7.00% | — |
Equipment Financing 26.0% | Environmental Protection & Improvement Company, LLC | Road & Rail | First Lien Life Science Senior Secured Loans | $4.56M | $4.58M | -$21.0K | 8.25% | — | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | ENS Holdings III Corp. & ES Opco USA LLC (Bluefin) | Trading Companies & Distributors | First Lien Bank Debt/Senior Secured Loans | $4.50M | $4.40M | $107.0K | 10.20% | +4.75% | — |
Vessco Midco Holdings, LLC | Water Utilities | Common Equity/Equity Interests/Warrants | $4.30M | $4.30M | $0.00 | 9.96% | +4.50% | — |
BayMark Health Services, Inc | Health Care Providers and Services | Common Equity/Equity Interests/Warrants | $4.03M | $4.03M | $0.00 | 10.61% | +5.00% | — |
Equipment Financing 26.0% | SLR Equipment Finance | Multi-Sector Holdings | First Lien Life Science Senior Secured Loans | $3.85M | $3.85M | $0.00 | 8.50% | — | — |
Common Equity/Equity Interests/Warrants-62.5% | Bayside Parent, LLC | Health Care Providers&Services | Common Equity/Equity Interests/Warrants | $3.81M | $11.41M | -$7.60M | — | — | — |
Equipment Financing 26.0% | GMT Corporation | Machinery | First Lien Life Science Senior Secured Loans | $3.81M | $3.82M | -$3.0K | 10.71% | — | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Tilley Distribution, Inc. | Trading Companies & Distributors | Senior Secured Loans (continued) | $3.81M | $3.66M | $145.0K | 11.50% | +6.00% | — |
Preferred Equity - 0.4% | SOINT LLC | Aerospace & Defense | Preferred Equity | $3.80M | $5.18M | -$1.38M | 5.00% | — | — |
Equipment Financing 26.0% | International Automotive Components Group, North America, Inc | Auto Components | First Lien Life Science Senior Secured Loans | $3.71M | $3.80M | -$90.0K | 7.95% | — | — |
The Townsend Company, LLC | Commercial Services and Supplies | Common Equity/Equity Interests/Warrants | $3.64M | $3.56M | $87.0K | 11.61% | +6.25% | — |
Equipment Financing 26.0% | Carolinas Contracting, LLC | Diversified Consumer Services | 8.40-8.72% | 3/7/2028-5/18/2028 | First Lien Life Science Senior Secured Loans | $3.52M | $3.55M | -$31.0K | — | — | — |
United Digestive MSO Parent, LLC | Health Care Providers and Services | Common Equity/Equity Interests/Warrants | $3.41M | $3.31M | $100.0K | 12.25% | +6.75% | — |
Senior Secured Loans - 129.5% | First Lien Life Science Senior Secured Loans | Meditrina, Inc. | Health Care Equipment & Supplies | First Lien Life Science Senior Secured Loans | $3.40M | $3.37M | $27.0K | 10.85% | +5.50% | — |
Equipment Financing 26.0% | Equipment Operating Leases, LLC | Multi-Sector Holdings | First Lien Life Science Senior Secured Loans | $3.30M | $3.38M | -$85.0K | 8.37% | — | — |
Urology Management Holdings, Inc | Health Care Providers and Services | Common Equity/Equity Interests/Warrants | $3.15M | $3.10M | $53.0K | 11.93% | +6.50% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Exactcare Parent, Inc. | Health Care Providers & Services | First Lien Bank Debt/Senior Secured Loans | $3.14M | $3.14M | -$1.0K | 11.89% | +6.50% | — |
Equipment Financing 26.0% | Air Methods Corporation | Airlines | 7.08-7.13% | 11/3/2026-11/23/2026 | First Lien Life Science Senior Secured Loans | $3.10M | $3.14M | -$39.0K | — | — | — |
iCIMS, Inc | Software | Common Equity/Equity Interests/Warrants | $3.09M | $3.07M | $23.0K | 12.62% | +7.25% | — |
Equipment Financing 26.0% | Worldwide Flight Services, Inc | Transportation Infrastructure | 8.32-9.93% | 9/23/2027-8/16/2028 | First Lien Life Science Senior Secured Loans | $3.05M | $3.10M | -$44.0K | — | — | — |
Alkeme Intermediary Holdings, LLC | Insurance| S+650 | Ratios to average net assets: | Common Equity/Equity Interests/Warrants | $3.02M | $2.93M | $83.0K | 11.96% | +6.50% | — |
Aegis Toxicology Sciences Corporation | Health Care Providers and Services | Common Equity/Equity Interests/Warrants | $2.95M | $2.95M | $0.00 | 11.13% | +5.50% | — |
Equipment Financing 26.0% | CKD Holdings, Inc | Road & Rail | 8.10-8.60% | 6/22/2026-9/22/2027 | First Lien Life Science Senior Secured Loans | $2.86M | $2.86M | $0.00 | — | — | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | WCI-BXC Purchaser, LLC | Distributors | Senior Secured Loans (continued) | $2.83M | $2.83M | -$1.0K | 11.64% | +6.25% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | RxSense Holdings LLC | Diversified Consumer Services | Senior Secured Loans (continued) | $2.66M | $2.57M | $83.0K | 10.48% | +5.00% | — |
Equipment Financing 26.0% | U.S. Crane & Rigging, LLC | Commercial Services & Supplies | 8.73%-10.92% | 3/1/2027-9/1/2028 | First Lien Life Science Senior Secured Loans | $2.57M | $2.57M | $0.00 | — | — | — |
Atria Wealth Solutions, Inc | Diversified Financial Services | Common Equity/Equity Interests/Warrants | $2.47M | $2.47M | $0.00 | 11.97% | +6.50% | — |
Equipment Financing 26.0% | Boart Longyear Company | Metals & Mining | 8.31-10.44% | 7/1/2024-10/7/2026 | First Lien Life Science Senior Secured Loans | $2.45M | $2.45M | $0.00 | — | — | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | GSM Acquisition Corp. | Leisure Equipment & Products | First Lien Bank Debt/Senior Secured Loans | $2.37M | $2.30M | $75.0K | 10.47% | +5.00% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Medrina, LLC | Health Care Providers & Services | S+625 | 1.00%| 11.67% | Health Care Providers & Services | Senior Secured Loans (continued) | $2.35M | $2.35M | -$1.0K | 11.67% | +6.25% | — |
Equipment Financing 26.0% | PCX Aerostructures LLC | Aerospace & Defense | First Lien Life Science Senior Secured Loans | $2.31M | $2.31M | $0.00 | 9.32% | — | — |
Equipment Financing 26.0% | First American Commercial Bancorp, Inc | Diversified Financial Services | 7.50-9.02% | 10/1/2026-3/1/2027 | First Lien Life Science Senior Secured Loans | $2.28M | $2.28M | -$2.0K | — | — | — |
Equipment Financing 26.0% | Superior Transportation, Inc | Road & Rail | 10.22-10.63% | First Lien Life Science Senior Secured Loans | $2.28M | $2.28M | $0.00 | — | — | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | NSPC Intermediate Corp. (National Spine) | Health Care Providers & Services | Senior Secured Loans (continued) | $2.22M | $2.14M | $73.0K | 13.53% | +8.00% | — |
Equipment Financing 26.0% | Star Coaches Inc | Road & Rail | First Lien Life Science Senior Secured Loans | $2.21M | $2.33M | -$116.0K | 8.42% | — | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Basic Fun, Inc. | Specialty Retail | First Lien Bank Debt/Senior Secured Loans | $2.15M | $2.15M | $5.0K | 12.14% | +6.50% | — |
All States Ag Parts, LLC | Trading Companies and Distributors| S+600 | Ratios to average net assets: | Common Equity/Equity Interests/Warrants | $2.13M | $2.13M | $0.00 | 11.61% | +6.00% | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | All States Ag Parts, LLC | Trading Companies & Distributors | First Lien Bank Debt/Senior Secured Loans | $2.06M | $2.04M | $27.0K | 11.61% | +6.00% | — |
Equipment Financing 26.0% | Bazzini, LLC | Food & Staples Retailing |10.46% |12/23/2022 |1/1/2028 | — | First Lien Life Science Senior Secured Loans | $1.99M | $2.04M | -$58.0K | 10.46% | — | — |
Equipment Financing 26.0% | Drillers Choice, Inc | Commercial Services & Supplies | 8.00-10.08% | 11/1/2027-6/1/2029 | First Lien Life Science Senior Secured Loans | $1.87M | $1.88M | -$2.0K | — | — | — |
Equipment Financing 26.0% | Complete Equipment Rentals, LLC | Commercial Services & Supplies | 6.75-7.15% | 4/1/2028-6/1/2028 | First Lien Life Science Senior Secured Loans | $1.81M | $1.81M | -$4.0K | — | — | — |
Equipment Financing 26.0% | Ozzies, Inc | Commercial Services & Supplies | First Lien Life Science Senior Secured Loans | $1.62M | $1.67M | -$47.0K | 10.72% | — | — |
Equipment Financing 26.0% | Trinity Equipment, Inc | Commercial Services & Supplies | 8.78-8.93% | 5/4/2028-5/19/2028 | First Lien Life Science Senior Secured Loans | $1.34M | $1.34M | $0.00 | — | — | — |
Equipment Financing 26.6% | Aero Operating LLC | Commercial Services & Supplies | 8.47-9.64% | 3/1/2025-12/1/2026 | First Lien Life Science Senior Secured Loans | $1.34M | $1.34M | $0.00 | — | — | — |
Equipment Financing 26.0% | The Smedley Company & Smedley Services, Inc | Commercial Services & Supplies | First Lien Life Science Senior Secured Loans | $1.27M | $1.40M | -$127.0K | 4.07% | — | — |
Equipment Financing 26.0% | Dongwon Autopart Technology Inc | Auto Components | 7.96% | 2/2/2021 |1/1/2026 | Equipment Financing | First Lien Life Science Senior Secured Loans | $1.27M | $1.28M | -$11.0K | 7.96% | — | — |
Equipment Financing 26.0% | Capital City Jet Center, Inc | Airlines | First Lien Life Science Senior Secured Loans | $1.24M | $1.24M | $0.00 | 10.00% | — | — |
Equipment Financing 26.0% | Rutt Services, LLC | Commercial Services & Supplies | First Lien Life Science Senior Secured Loans | $1.18M | $1.18M | -$3.0K | 8.95% | — | — |
Equipment Financing 26.0% | AFG Dallas III, LLC | Diversified Consumer Services | 10.00-11.29% | 8/11/2026-3/1/2027 | First Lien Life Science Senior Secured Loans | $1.10M | $1.10M | $0.00 | — | — | — |
ENS Holdings III Corp and ES Opco USA LLC | Trading Companies and Distributors | Common Equity/Equity Interests/Warrants | $1.09M | $1.09M | $0.00 | 10.20% | +4.75% | — |
Equipment Financing 26.0% | Energy Drilling Services, LLC | Diversified Consumer Services | 6.58-9.16% | 11/9/2025-9/1/2027 | First Lien Life Science Senior Secured Loans | $1.08M | $1.08M | $0.00 | — | — | — |
Equipment Financing 26.0% | Nimble Crane LLC | Commercial Services & Supplies | First Lien Life Science Senior Secured Loans | $934.0K | $934.0K | $0.00 | 9.18% | — | — |
Equipment Financing 26.0% | Extreme Steel Crane & Rigging, LLC | Commercial Services & Supplies | First Lien Life Science Senior Secured Loans | $847.0K | $854.0K | -$7.0K | 9.52% | — | — |
Equipment Financing 26.0% | Miranda Logistics Enterprise, Inc | Construction & Engineering | First Lien Life Science Senior Secured Loans | $787.0K | $787.0K | $0.00 | 7.69% | — | — |
Equipment Financing 26.0% | Rayzors Edge LLC | Diversified Consumer Services | 7.69-8.27% | 5/18/2030-6/30/2030 | First Lien Life Science Senior Secured Loans | $711.0K | $711.0K | $0.00 | — | — | — |
Equipment Financing 26.0% | Hawkeye Contracting Company, LLC | Construction & Engineering | First Lien Life Science Senior Secured Loans | $689.0K | $689.0K | $0.00 | 10.50% | — | — |
Equipment Financing 26.0% | Loc Performance Products, LLC | Machinery | First Lien Life Science Senior Secured Loans | $636.0K | $636.0K | $0.00 | 10.50% | — | — |
Equipment Financing 26.0% | Lux Vending, LLC | Consumer Finance | 12.46-13.26% | 7/20/2024-10/1/2024 | First Lien Life Science Senior Secured Loans | $632.0K | $636.0K | -$4.0K | — | — | — |
Equipment Financing 26.0% | ST Coaches, LLC | Road & Rail | First Lien Life Science Senior Secured Loans | $583.0K | $583.0K | $0.00 | 8.50% | — | — |
Equipment Financing 26.0% | Zamborelli Enterprises Pacific Southern Foundation | Diversified Consumer Services | First Lien Life Science Senior Secured Loans | $566.0K | $570.0K | -$4.0K | 8.91% | — | — |
Equipment Financing 26.0% | Rango, Inc | Commercial Services & Supplies | First Lien Life Science Senior Secured Loans | $563.0K | $583.0K | -$20.0K | 9.33% | — | — |
Equipment Financing 26.0% | AmeraMex International, Inc | Commercial Services & Supplies |10.00% | — | First Lien Life Science Senior Secured Loans | $385.0K | $381.0K | $4.0K | 10.00% | — | — |
Equipment Financing 26.0% | Trinity Equipment Rentals, Inc | Commercial Services & Supplies | 7.94-8.75% | 11/1/2024-12/1/2026 | First Lien Life Science Senior Secured Loans | $361.0K | $361.0K | $0.00 | — | — | — |
Common Equity/Equity Interests/Warrants-62.5% | Health Care Technology | Essence Group Holdings Corporation (Lumeris) Warrants | $327.0K | $129.0K | $198.0K | — | — | — |
Equipment Financing 26.0% | Wind River Environmental, LLC | Diversified Consumer Services | 8.43-10.00% | 8/1/2024-10/5/2025 | First Lien Life Science Senior Secured Loans | $311.0K | $311.0K | $0.00 | — | — | — |
Common Equity/Equity Interests/Warrants-62.5% | Senseonics Holdings, Inc. | Health Care Equipment&Supplies | Common Equity/Equity Interests/Warrants | $268.0K | $235.0K | $33.0K | — | — | — |
Equipment Financing 26.0% | Mountain Air Helicopters Inc | Commercial Services & Supplies | First Lien Life Science Senior Secured Loans | $248.0K | $247.0K | $1.0K | 10.00% | — | — |
Equipment Financing 26.0% | Up Trucking Services, LLC | Road & Rail | First Lien Life Science Senior Secured Loans | $208.0K | $209.0K | -$1.0K | 11.21% | — | — |
Equipment Financing 26.0% | Womble Company, Inc | Energy Equipment & Services | First Lien Life Science Senior Secured Loans | $206.0K | $210.0K | -$4.0K | 9.11% | — | — |
Equipment Financing 26.0% | Rotten Rock Hardscaping & Tree Service | Diversified Consumer Services | First Lien Life Science Senior Secured Loans | $204.0K | $204.0K | $0.00 | 8.21% | — | — |
Equipment Financing 26.0% | HTI Logistics Corporation | Commercial Services & Supplies | 9.69-9.94% | 5/1/2024-9/1/2025 | First Lien Life Science Senior Secured Loans | $149.0K | $153.0K | -$4.0K | — | — | — |
Equipment Financing 26.0% | Royal Express Inc | Road & Rail | First Lien Life Science Senior Secured Loans | $148.0K | $148.0K | $0.00 | 9.53% | — | — |
Equipment Financing 26.0% | No Limit Construction Services, LLC | Commercial Services & Supplies | First Lien Life Science Senior Secured Loans | $118.0K | $118.0K | $0.00 | 7.73% | — | — |
Equipment Financing 26.0% | Bowman Energy Solutions, LLC | Commercial Services & Supplies | First Lien Life Science Senior Secured Loans | $114.0K | $114.0K | $0.00 | 7.42% | — | — |
Equipment Financing 26.0% | RH Land Construction, LLC & Harbor Dredging LA, Inc | Construction & Engineering | First Lien Life Science Senior Secured Loans | $114.0K | $114.0K | $0.00 | 8.08% | — | — |
Equipment Financing 26.0% | Double S Industrial Contractors, Inc | Commercial Services & Supplies | First Lien Life Science Senior Secured Loans | $112.0K | $112.0K | $0.00 | 8.60% | — | — |
Common Equity/Equity Interests/Warrants-62.5% | Health Care Equipment&Supplies | Delphinus Medical Technologies, Inc. Warrants | $80.0K | $74.0K | $6.0K | — | — | — |
Equipment Financing - 26.0% | A&A Crane and Rigging, LLC | Commercial Services & Supplies | First Lien Life Science Senior Secured Loans | $69.0K | $69.0K | $0.00 | 7.78% | — | — |
Equipment Financing 26.0% | Rane Light Metal Castings Inc | Machinery | First Lien Life Science Senior Secured Loans | $56.0K | $56.0K | $0.00 | 10.00% | — | — |
Common Equity/Equity Interests/Warrants-62.5% | Health Care Equipment&Supplies | Vertos Medical, Inc. Warrants | $51.0K | $51.0K | $0.00 | — | — | — |
Common Equity/Equity Interests/Warrants-62.5% | Pharmaceuticals | Centrexion Therapeutics, Inc. Warrants | $45.0K | $136.0K | -$91.0K | — | — | — |
Equipment Financing 26.0% | Kool Pak, LLC | Road & Rail | First Lien Life Science Senior Secured Loans | $29.0K | $29.0K | $0.00 | 8.58% | — | — |
Equipment Financing 26.0% | Georgia Jet, Inc | Airlines | First Lien Life Science Senior Secured Loans | $25.0K | $25.0K | $0.00 | 8.00% | — | — |
Common Equity/Equity Interests/Warrants-62.5% | Health Care Equipment&Supplies | Meditrina, Inc. Warrants | $19.0K | $23.0K | -$4.0K | — | — | — |
Senior Secured Loans - 129.5% | First Lien Bank Debt/Senior Secured Loans | Vessco Midco Holdings, LLC | Water Utilities | Senior Secured Loans (continued) | $15.0K | $15.0K | $0.00 | 12.00% | +3.50% | — |
Common Equity/Equity Interests/Warrants-62.5% | Assertio Holdings, Inc. | Pharmaceuticals | Common Equity/Equity Interests/Warrants | $13.0K | $51.0K | -$38.0K | — | — | — |
Common Equity/Equity Interests/Warrants-62.5% | Health Care Equipment&Supplies | Vapotherm, Inc. Warrants | $3.0K | $319.0K | -$316.0K | — | — | — |
Cash Equivalents - 33.7% | Net Assets - 100.0% | Common Equity/Equity Interests/Warrants (continued) | -$1.50B | — | — | — | — | — |
Common Equity/Equity Interests/Warrants-62.5% | Pharmaceuticals | aTyr Pharma, Inc. Warrants | — | $36.0K | — | — | — | — |
Common Equity/Equity Interests/Warrants-62.5% | Health Care Equipment&Supplies | CardioFocus, Inc. Warrants | — | $51.0K | — | — | — | — |
Common Equity/Equity Interests/Warrants-62.5% | Health Care Equipment&Supplies | Conventus Orthopaedics, Inc. Warrants | — | $65.0K | — | — | — | — |
Common Equity/Equity Interests/Warrants-62.5% | Health Care Equipment&Supplies | Venus Concept Ltd. Warrants (f/k/a Restoration Robotics) | — | $152.0K | — | — | — | — |
Common Equity/Equity Interests/Warrants-62.5% | NSPC Holdings, LLC (National Spine) | Health Care Providers&Services | Common Equity/Equity Interests/Warrants | — | $657.0K | — | — | — | — |
Common Equity/Equity Interests/Warrants-62.5% | RD Holdco, Inc. (Rug Doctor) | Diversified Consumer Services | Common Equity/Equity Interests/Warrants | — | $15.68M | — | — | — | — |
Common Equity/Equity Interests/Warrants-62.5% | RD Holdco, Inc. (Rug Doctor) ClassB | Diversified Consumer Services | Common Equity/Equity Interests/Warrants | — | $5.22M | — | — | — | — |