($ in thousands)

Portfolio Company

Type of Investment

June 30, 2025 Par

December 31, 2024 Par

Accordion Partners LLC

First Lien Delayed Draw Term Loan

$

4,581

$

5,454

Accordion Partners LLC

First Lien Revolving Loan

3,636

3,636

Accuserve Solutions, Inc.

First Lien Delayed Draw Term Loan

4,226

4,876

Accuserve Solutions, Inc.

First Lien Revolving Loan

2,629

6,573

Acentra Holdings, LLC

First Lien Delayed Draw Term Loan

8,715

8,715

Acentra Holdings, LLC

First Lien Revolving Loan

1,037

1,287

Action Behavior Centers Therapy LLC

First Lien Delayed Draw Term Loan

3,928

5,722

Action Behavior Centers Therapy LLC

First Lien Revolving Loan

3,071

3,071

Alkeme Intermediary Holdings, LLC

First Lien Delayed Draw Term Loan

4,057

-

Alkeme Intermediary Holdings, LLC

First Lien Delayed Draw Term Loan

-

12,511

Amerilife Holdings LLC

First Lien Delayed Draw Term Loan

1,200

4,753

Amerilife Holdings LLC

First Lien Revolving Loan

5,199

6,891

Anaplan Inc.

First Lien Revolving Loan

1,546

1,546

Aprio Advisory Group, LLC

First Lien Delayed Draw Term Loan

10,915

-

Aprio Advisory Group, LLC

First Lien Delayed Draw Term Loan

-

4,741

Aprio Advisory Group, LLC

First Lien Revolving Loan

4,402

2,994

Arden Insurance Services LLC

First Lien Revolving Loan

1,829

1,463

ARMStrong Receivable Management

First Lien Delayed Draw Term Loan

901

1,020

ARMStrong Receivable Management

First Lien Revolving Loan

299

299

Babylon Buyer, Inc.

First Lien Revolving Loan

1,183

-

Baker Tilly Advisory Group, L.P.

First Lien Delayed Draw Term Loan

-

2,736

Baker Tilly Advisory Group, L.P.

First Lien Delayed Draw Term Loan

2,726

-

Baker Tilly Advisory Group, L.P.

First Lien Revolving Loan

1,050

-

Baker Tilly Advisory Group, L.P.

First Lien Revolving Loan

3,835

3,835

Beacon Pointe Harmony, LLC

First Lien Delayed Draw Term Loan

9,390

9,390

Beacon Pointe Harmony, LLC

First Lien Revolving Loan

3,000

3,000

Bellwether Buyer, LLC

First Lien Delayed Draw Term Loan

7,530

-

Bellwether Buyer, LLC

First Lien Revolving Loan

3,012

-

Belmont Buyer, Inc.

First Lien Delayed Draw Term Loan

4,235

4,235

Belmont Buyer, Inc.

First Lien Revolving Loan

1,018

1,453

Bottomline Technologies, Inc.

First Lien Revolving Loan

3,849

7,365

Captive Resources Midco, LLC

First Lien Revolving Loan

2,203

2,203

Chartis Group, LLC

First Lien Delayed Draw Term Loan

2,518

2,517

Chartis Group, LLC

First Lien Revolving Loan

1,259

1,259

Cherry Bekaert Advisory LLC

First Lien Delayed Draw Term Loan

-

638

Choreo Buyer LLC.

First Lien Delayed Draw Term Loan

15,560

15,560

Cliffwater, LLC

First Lien Revolving Loan

5,966

2,857

Congress Buyer, Inc

First Lien Delayed Draw Term Loan

7,383

-

Continental Buyer, Inc

First Lien Delayed Draw Term Loan

-

8,153

Continental Buyer, Inc

First Lien Delayed Draw Term Loan

3,237

-

Continental Buyer, Inc

First Lien Revolving Loan

4,545

3,057

Diligent Corporation

First Lien Revolving Loan

5,547

5,997

Diligent Corporation

First Lien Delayed Draw Term Loan

4,124

4,124

Eclipse Buyer, Inc.

First Lien Delayed Draw Term Loan

2,134

2,134

Eclipse Buyer, Inc.

First Lien Revolving Loan

1,083

1,083

Ellkay, LLC

First Lien Revolving Loan

-

2,167

Exeter Short Term Funding LLC

First Lien Revolving Loan

14,163

8,797

($ in thousands)

Portfolio Company

Type of Investment

June 30, 2025 Par

December 31, 2024 Par

Foundation Risk Partners, Corp.

First Lien Delayed Draw Term Loan

421

4,686

Foundation Risk Partners, Corp.

First Lien Revolving Loan

3,526

4,407

Galway Borrower LLC

First Lien Revolving Loan

2,072

2,767

Galway Borrower LLC

First Lien Delayed Draw Term Loan

9,038

10,596

GovDelivery Holdings LLC

First Lien Revolving Loan

1,886

2,193

GS Acquisitionco, Inc.

First Lien Delayed Draw Term Loan

893

1,109

GS Acquisitionco, Inc.

First Lien Revolving Loan

1,000

1,080

Guardian Restoration Partners Buyers, LLC

First Lien Delayed Draw Term Loan

5,370

9,082

Guardian Restoration Partners Buyers, LLC

First Lien Revolving Loan

1,756

2,057

HBWM Intermediate II, LLC

First Lien Delayed Draw Term Loan

-

5,498

HBWM Intermediate II, LLC

First Lien Revolving Loan

742

1,017

Heights Buyer, LLC

First Lien Delayed Draw Term Loan

-

2,554

Heights Buyer, LLC

First Lien Revolving Loan

2,043

2,235

Hyland Software, Inc

First Lien Revolving Loan

1,199

1,199

IG Investments Holdings, LLC

First Lien Revolving Loan

3,509

3,509

Imagine Acquisition, Inc.

First Lien Revolving Loan

4,630

4,399

Kona Buyer, LLC

First Lien Delayed Draw Term Loan

3,188

-

Kona Buyer, LLC

First Lien Revolving Loan

355

-

KRIV Acquisition Inc.

First Lien Delayed Draw Term Loan

24,923

24,923

Kwol Acquisition Inc

First Lien Revolving Loan

329

329

LENDINGTREE, INC.

First Lien Delayed Draw Term Loan

-

3,000

Low Voltage Holdings Inc.

First Lien Delayed Draw Term Loan

1,119

-

Low Voltage Holdings Inc.

First Lien Revolving Loan

606

-

MAI Capital Management Intermediate LLC

First Lien Delayed Draw Term Loan

2,460

2,782

MAI Capital Management Intermediate LLC

First Lien Delayed Draw Term Loan

4,536

-

MAI Capital Management Intermediate LLC

First Lien Revolving Loan

1,570

1,331

MB2 Dental Solutions, LLC

First Lien Delayed Draw Term Loan

7,226

8,932

MB2 Dental Solutions, LLC

First Lien Revolving Loan

2,244

2,244

Ministry Brands Holdings, LLC

First Lien Revolving Loan

1,554

1,695

Minotaur Acquisition, Inc.

First Lien Delayed Draw Term Loan

3,401

3,401

Minotaur Acquisition, Inc.

First Lien Revolving Loan

2,041

2,041

MIRRA-PRIMEACCESS Holdings, LLC

First Lien Revolving Loan

685

685

New Mountain Capital LLC

First Lien Delayed Draw Term Loan

250

350

New Mountain Capital LLC

First Lien Delayed Draw Term Loan

557

557

New Mountain Capital LLC

First Lien Delayed Draw Term Loan

2,657

2,657

New Mountain Capital LLC

First Lien Delayed Draw Term Loan

1,942

1,942

NextGen Healthcare

First Lien Delayed Draw Term Loan

2,370

2,370

NextGen Healthcare

First Lien Revolving Loan

889

889

NXGen Buyer, Inc.

First Lien Revolving Loan

326

326

Omega Systems Intermediate Holdings, INC

First Lien Delayed Draw Term Loan

6,333

-

Omega Systems Intermediate Holdings, INC

First Lien Revolving Loan

1,900

-

oneZero Financial Systems, LLC

First Lien Delayed Draw Term Loan

3,123

4,712

oneZero Financial Systems, LLC

First Lien Revolving Loan

3,365

3,365

Orion Advisor Solutions, LLC

Second Lien Delayed Draw Term Loan

4,847

6,524

PAS Parent Inc.

First Lien Delayed Draw Term Loan

1,112

1,476

PAS Parent Inc.

First Lien Delayed Draw Term Loan

5,625

5,625

PAS Parent Inc.

First Lien Revolving Loan

934

1,000

Petra Borrower, LLC

First Lien Delayed Draw Term Loan

3,193

3,193

Petra Borrower, LLC

First Lien Revolving Loan

1,597

2,456

Project K Buyerco, INC.

First Lien Revolving Loan

7,727

7,727

($ in thousands)

Portfolio Company

Type of Investment

June 30, 2025 Par

December 31, 2024 Par

Propio LS, LLC

First Lien Revolving Loan

184

-

RCP Nats Purchaser, LLC

First Lien Delayed Draw Term Loan

8,209

-

RCP Nats Purchaser, LLC

First Lien Revolving Loan

5,746

-

Redwood Purchaser, INC

First Lien Delayed Draw Term Loan

10,663

-

Redwood Purchaser, INC

First Lien Revolving Loan

5,022

-

Redwood Services Group, LLC

First Lien Delayed Draw Term Loan

7,404

-

Simplifi Holdings, Inc.

First Lien Revolving Loan

2,060

2,892

Skywalker Purchaser, LLC

First Lien Delayed Draw Term Loan

1,881

-

Skywalker Purchaser, LLC

First Lien Delayed Draw Term Loan

2,112

-

Southpaw AP Buyer, LLC

First Lien Delayed Draw Term Loan

198

260

Southpaw AP Buyer, LLC

First Lien Revolving Loan

486

868

SpecialtyCare, Inc.

First Lien Revolving Loan

510

446

Standish Management US, LLC

First Lien Delayed Draw Term Loan

5,444

5,444

Standish Management US, LLC

First Lien Revolving Loan

5,662

4,247

Stepping Stones Healthcare Services, LLC

First Lien Delayed Draw Term Loan

5,075

6,300

Stepping Stones Healthcare Services, LLC

First Lien Revolving Loan

3,500

3,500

TA/WEG Holdings, LLC

First Lien Delayed Draw Term Loan

-

5,602

TA/WEG Holdings, LLC

First Lien Delayed Draw Term Loan

-

5

TA/WEG Holdings, LLC

First Lien Revolving Loan

2,000

1,995

TA/WEG Holdings, LLC

First Lien Revolving Loan

1,135

1,135

Tamarack Intermediate, L.L.C.

First Lien Revolving Loan

3,069

3,516

THG Acquisition, LLC

First Lien Delayed Draw Term Loan

5,660

5,847

THG Acquisition, LLC

First Lien Revolving Loan

2,707

2,706

Titan Home Improvement, LLC

First Lien Delayed Draw Term Loan

4,605

4,605

Titan Home Improvement, LLC

First Lien Revolving Loan

3,837

3,837

TRAK Purchaser, Inc.

First Lien Revolving Loan

1,094

-

Trinity Partners Holdings, LLC

First Lien Delayed Draw Term Loan

7,447

6,625

TST Intermediate Holdings, LLC

First Lien Delayed Draw Term Loan

5,817

5,817

TST Intermediate Holdings, LLC

First Lien Revolving Loan

748

890

Vital Care Buyer LLC

First Lien Revolving Loan

874

874

World Insurance Associates, LLC

First Lien Delayed Draw Term Loan

12,000

-

World Insurance Associates, LLC

First Lien Revolving Loan

649

-

Worldwide Insurance Network, LLC

First Lien Delayed Draw Term Loan

5,917

Worldwide Insurance Network, LLC

First Lien Delayed Draw Term Loan

15,000

12,174

Total Par.

$

452,505

$

402,618