| Schedule of Unfunded Commitments by Investment Types |
The Company had the following unfunded commitments by investment types:
|
|
|
|
|
|
|
|
|
|
|
|
Unfunded Commitment Balances (1) |
|
|
|
|
December 31, 2025 |
|
|
December 31, 2024 |
|
|
1st Lien/Senior Secured Debt |
|
|
|
|
|
|
|
123Dentist Inc. |
|
$ |
17,926 |
|
|
$ |
— |
|
|
A.C.N. 664 616 371 Pty Ltd (dba Aspen Pharmacare) |
|
|
193,851 |
|
|
|
— |
|
|
AAG KP Borrower LLC (dba KUIU) |
|
|
27,794 |
|
|
|
— |
|
|
ABC Investment Holdco Inc. (dba ABC Plumbing) |
|
|
6,128 |
|
|
|
6,781 |
|
|
Accommodations Plus Technologies LLC |
|
|
12,291 |
|
|
|
— |
|
|
Admiral Buyer, Inc. (dba Fidelity Payment Services) |
|
|
11,719 |
|
|
|
10,440 |
|
|
Advarra Holdings, Inc. |
|
|
7,087 |
|
|
|
7,087 |
|
|
AGS Health BCP Holdings, Inc. (dba AGS Health) |
|
|
11,249 |
|
|
|
— |
|
|
AGS Health BCP LLC (dba AGS Health) |
|
|
6,250 |
|
|
|
— |
|
|
AI Titan Parent, Inc. (dba Prometheus) |
|
|
4,743 |
|
|
|
3,845 |
|
|
Airwavz Solutions, Inc. |
|
|
3,791 |
|
|
|
— |
|
|
Algae BidCo (dba Solabia Group) |
|
|
3,347 |
|
|
|
— |
|
|
AP Kona Holdings LLC (dba Keurig Dr Pepper Inc.) |
|
|
118,890 |
|
|
|
— |
|
|
Apple Bidco Holdings, Inc. (dba Raptor Technologies) |
|
|
91,688 |
|
|
|
— |
|
|
Aptean, Inc. |
|
|
18,438 |
|
|
|
9,567 |
|
|
AQ Sunshine, Inc. (dba Relation Insurance) |
|
|
13,911 |
|
|
|
20,472 |
|
|
Ark Data Centers, LLC |
|
|
32,705 |
|
|
|
45,717 |
|
|
Artifact Bidco, Inc. (dba Avetta) |
|
|
19,212 |
|
|
|
11,823 |
|
|
Aryeh Bidco Investment Ltd. (dba Dentalcorp) |
|
|
58,420 |
|
|
|
— |
|
|
Aurora Acquireco, Inc. (dba AuditBoard) |
|
|
9,600 |
|
|
|
23,600 |
|
|
Bamboo US BidCo LLC (dba Baxter) |
|
|
5,406 |
|
|
|
12,522 |
|
|
BCTO Bluebill Buyer, Inc. (dba Ren) |
|
|
4,949 |
|
|
|
— |
|
|
Blast Bidco Inc. (dba Bazooka Candy Brands) |
|
|
8,410 |
|
|
|
7,366 |
|
|
Blazing Star Shields Direct Parent, LLC (dba Shields Health Solutions) |
|
|
8,650 |
|
|
|
— |
|
|
BSI3 Menu Buyer, Inc (dba Kydia) |
|
|
208 |
|
|
|
— |
|
|
Buckeye Acquiror LLC (dba Superior Environmental Solutions) |
|
|
7,258 |
|
|
|
6,878 |
|
|
Businessolver.com, Inc. |
|
|
5,578 |
|
|
|
— |
|
|
BX Frontier Member I LLC |
|
|
9,544 |
|
|
|
— |
|
|
Celero Commerce LLC |
|
|
30,353 |
|
|
|
— |
|
|
Chess.com, LLC (fka Checkmate Finance Merger Sub, LLC) |
|
|
367 |
|
|
|
— |
|
|
CI (Quercus) Intermediate Holdings, LLC (dba SavATree) |
|
|
72,841 |
|
|
|
36,250 |
|
|
Circustrix Holdings, LLC (dba SkyZone) |
|
|
1,182 |
|
|
|
642 |
|
|
Clearwater Analytics, LLC |
|
|
759,363 |
|
|
|
— |
|
|
Coding Solutions Acquisition, Inc. (dba CorroHealth) |
|
|
8,076 |
|
|
|
9,139 |
|
|
Computer Services, Inc. |
|
|
34,793 |
|
|
|
— |
|
|
Consilio Midco Limited (dba Cyncly) |
|
|
33,013 |
|
|
|
— |
|
|
Convenient Payments Acquisition, Inc. |
|
|
989 |
|
|
|
— |
|
|
Coretrust Purchasing Group LLC |
|
|
10,066 |
|
|
|
11,053 |
|
|
Creek Parent, Inc. (dba Catalent) |
|
|
9,980 |
|
|
|
9,980 |
|
|
Crewline Buyer, Inc. (dba New Relic) |
|
|
7,326 |
|
|
|
6,165 |
|
|
CST Holding Company (dba Intoxalock) |
|
|
4,949 |
|
|
|
4,310 |
|
|
CURiO Brands LLC |
|
|
5,176 |
|
|
|
— |
|
|
Curriculum Associates, LLC |
|
|
67,513 |
|
|
|
— |
|
|
Dawn Bidco, LLC (dba Dayforce) |
|
|
298,625 |
|
|
|
— |
|
|
Diamond Communications LLC |
|
|
24,950 |
|
|
|
— |
|
|
Dwyer Instruments, LLC |
|
|
11,992 |
|
|
|
26,366 |
|
|
Eagle Family Foods Group LLC |
|
|
22,753 |
|
|
|
22,753 |
|
|
Edition Holdings, Inc. (dba Enverus) |
|
|
20,539 |
|
|
|
— |
|
|
Edko, LLC |
|
|
19,800 |
|
|
|
— |
|
|
(1)Unfunded commitments denominated in currencies other than USD have been converted to USD using the exchange rate as of the applicable reporting date.
|
|
|
|
|
|
|
|
|
|
|
|
Unfunded Commitment Balances (1) |
|
|
|
|
December 31, 2025 |
|
|
December 31, 2024 |
|
|
1st Lien/Senior Secured Debt |
|
|
|
|
|
|
|
Engage2Excel, Inc. |
|
$ |
639 |
|
|
$ |
495 |
|
|
EnviroSmart, LLC (dba ES Integrated) |
|
|
8,403 |
|
|
|
— |
|
|
eResearch Technology, Inc. (dba Clario) |
|
|
40,214 |
|
|
|
— |
|
|
eShipping, LLC |
|
|
68,817 |
|
|
|
— |
|
|
Financière N (dba Nemera) |
|
|
3,630 |
|
|
|
— |
|
|
Frontgrade Technologies Holdings Inc. |
|
|
4,819 |
|
|
|
3,689 |
|
|
Frontline Road Safety Operations, LLC |
|
|
61,024 |
|
|
|
— |
|
|
FS WhiteWater Borrower, LLC (fka Whitewater Holding Company LLC) |
|
|
9,091 |
|
|
|
— |
|
|
Fullsteam Operations LLC |
|
|
78,803 |
|
|
|
35,960 |
|
|
Galway Borrower LLC |
|
|
6,865 |
|
|
|
8,069 |
|
|
GEMS Topco Limited (dba GEMS Education) |
|
|
59,400 |
|
|
|
— |
|
|
Geo TopCo Corporation (fka Geotechnical Merger Sub, Inc.) |
|
|
11,317 |
|
|
|
17,738 |
|
|
GovDelivery Holdings, LLC (dba Granicus, Inc.) |
|
|
4,299 |
|
|
|
3,863 |
|
|
Guidepoint Security Holdings, LLC (fka GPS Phoenix Buyer, Inc.) |
|
|
24,044 |
|
|
|
15,659 |
|
|
Hamilton Thorne, Inc. |
|
|
19,055 |
|
|
|
12,695 |
|
|
Highfive Dental Holdco, LLC |
|
|
7,838 |
|
|
|
979 |
|
|
Hyland Software, Inc. |
|
|
4,525 |
|
|
|
4,525 |
|
|
iCIMS, Inc. |
|
|
3,482 |
|
|
|
2,454 |
|
|
Ideal Components Acquisition, LLC (dba Ideal Tridon) |
|
|
8,981 |
|
|
|
— |
|
|
IMO Investor Holdings, Inc. (fka Intelligent Medical Objects, Inc.) |
|
|
400 |
|
|
|
— |
|
|
INK (BC) BIDCO S.R.L. (dba Namirial) |
|
|
5,288 |
|
|
|
— |
|
|
Iris Specialty Acquisition LLC (dba Integrated Specialty Coverages) |
|
|
35,082 |
|
|
|
— |
|
|
iWave Information Systems, Inc. |
|
|
6,094 |
|
|
|
2,391 |
|
|
Jeppesen Holdings, LLC |
|
|
11,333 |
|
|
|
— |
|
|
Jupiter Refuel Canada Buyer Inc. (dba 4Refuel) |
|
|
13,087 |
|
|
|
— |
|
|
Jupiter Refuel US Buyer, Inc. (dba 4Refuel) |
|
|
941 |
|
|
|
— |
|
|
Kene Acquisition, Inc. (dba Entrust) |
|
|
52,607 |
|
|
|
22,173 |
|
|
KPA Parent Holdings, Inc. |
|
|
6,311 |
|
|
|
— |
|
|
Kryptona Bidco US, LLC (dba Kyriba) |
|
|
72,879 |
|
|
|
10,825 |
|
|
Legends Hospitality Holding Company, LLC (fka ASM Buyer, Inc.) |
|
|
8,740 |
|
|
|
14,000 |
|
|
Lobos Parent, Inc. (dba NEOGOV) |
|
|
13,986 |
|
|
|
— |
|
|
Mandrake Bidco, Inc. (dba Miratech) |
|
|
6,600 |
|
|
|
5,910 |
|
|
ML Holdco, LLC (dba MeridianLink) |
|
|
26,057 |
|
|
|
— |
|
|
MRI Software LLC |
|
|
2,037 |
|
|
|
— |
|
|
NC Topco, LLC (dba NContracts) |
|
|
22,352 |
|
|
|
16,282 |
|
|
NCWS Intermediate, Inc. (dba National Carwash Solutions) |
|
|
33,087 |
|
|
|
29,149 |
|
|
Netrisk Group Luxco 4 S.à r.l. |
|
|
3,788 |
|
|
|
— |
|
|
Netsmart Technologies, Inc. |
|
|
47,843 |
|
|
|
47,843 |
|
|
Newtek Merchant Solutions, LLC (dba NewtekOne) |
|
|
1,990 |
|
|
|
— |
|
|
NFM & J, L.P. (dba the Facilities Group) |
|
|
227 |
|
|
|
— |
|
|
North Star Acquisitionco, LLC (dba Everway) |
|
|
314,420 |
|
|
|
11,202 |
|
|
Octane Purchaser, Inc. (dba Office Ally) |
|
|
70,934 |
|
|
|
— |
|
|
Oliver Packaging and Equipment Company, LLC (fka Buffalo Merger Sub, LLC) |
|
|
8,719 |
|
|
|
8,719 |
|
|
OMEGA II AB (dba Fortnox) |
|
|
4,116 |
|
|
|
— |
|
|
Omega Midwest Buyer, LLC (dba Omega Fitness Holdings) |
|
|
9,252 |
|
|
|
— |
|
|
One, Inc. Software Corporation |
|
|
66,158 |
|
|
|
— |
|
|
Onyx CenterSource, Inc. |
|
|
137 |
|
|
|
1,100 |
|
|
Optima S.P.A |
|
|
51,192 |
|
|
|
— |
|
|
Orthrus Limited (dba Ocorian) |
|
|
1,461 |
|
|
|
3,031 |
|
|
Pacific Group Bidco Pty Ltd (dba Magentus) |
|
|
28,685 |
|
|
|
— |
|
|
Packaging Coordinators Midco, Inc. (dba PCI Pharma) |
|
|
109,139 |
|
|
|
— |
|
|
(1)Unfunded commitments denominated in currencies other than USD have been converted to USD using the exchange rate as of the applicable reporting date.
|
|
|
|
|
|
|
|
|
|
|
|
Unfunded Commitment Balances (1) |
|
|
|
|
December 31, 2025 |
|
|
December 31, 2024 |
|
|
1st Lien/Senior Secured Debt |
|
|
|
|
|
|
|
Paris US Holdco, Inc. (dba Precinmac) |
|
|
64,819 |
|
|
|
63,690 |
|
|
PAS Parent Inc. (dba Pace Analytical) |
|
|
44,581 |
|
|
|
— |
|
|
PDDS Holdco, Inc. (dba Planet DDS) |
|
|
6,984 |
|
|
|
— |
|
|
Pearl Acquisition Buyer, Inc. (dba Alliance Technical Group) |
|
|
96,309 |
|
|
|
— |
|
|
Pike Corporation |
|
|
75,798 |
|
|
|
— |
|
|
PPW Aero Buyer, Inc. (dba Pursuit Aerospace) |
|
|
15,530 |
|
|
|
— |
|
|
Precision Concepts Parent Inc. |
|
|
2,856 |
|
|
|
— |
|
|
Project Accelerate Parent, LLC (dba ABC Fitness) |
|
|
6,250 |
|
|
|
5,000 |
|
|
Prophix Software Inc. (dba Pound Bidco) |
|
|
4,419 |
|
|
|
7,756 |
|
|
PT Intermediate Holdings III, LLC (dba Parts Town) |
|
|
7,802 |
|
|
|
7,953 |
|
|
QBS Parent, Inc. (dba Quorum Software) |
|
|
26,756 |
|
|
|
3,820 |
|
|
Ranch Bidco B.V. (dba Innovad) |
|
|
52,481 |
|
|
|
— |
|
|
Recorded Books Inc. (dba RBMedia) |
|
|
27,916 |
|
|
|
6,278 |
|
|
Rocket Bidco, Inc. (dba Recochem) |
|
|
18,493 |
|
|
|
14,807 |
|
|
Rotation Buyer, LLC (dba Rotating Machinery Services) |
|
|
45,975 |
|
|
|
58,598 |
|
|
Rubix Foods, LLC |
|
|
3,300 |
|
|
|
— |
|
|
Runner Bidco AB (dba nShift) |
|
|
14,585 |
|
|
|
— |
|
|
Runway Bidco, LLC (dba Redwood Software) |
|
|
24,431 |
|
|
|
18,750 |
|
|
Saber Parent Holdings Corp. (dba Service Logic) |
|
|
38,700 |
|
|
|
— |
|
|
Seven BidCo (dba Septeo) |
|
|
31,859 |
|
|
|
— |
|
|
SI Swan UK Bidco Limited (dba Sapiens International) |
|
|
29,560 |
|
|
|
— |
|
|
Singlewire Software, LLC |
|
|
7,560 |
|
|
|
3,226 |
|
|
Solar Holdings Bidco Limited (dba SLR Consulting) |
|
|
6,055 |
|
|
|
19,046 |
|
|
Sonar Acquisitionco, Inc. (dba SimPRO) |
|
|
4,811 |
|
|
|
29,434 |
|
|
Southeast Mechanical, LLC |
|
|
12,215 |
|
|
|
— |
|
|
SpecialtyCare, Inc. |
|
|
13,221 |
|
|
|
— |
|
|
Spectrum Safety Solutions Purchaser, LLC (dba Carrier Industrial Fire) |
|
|
18,189 |
|
|
|
15,976 |
|
|
SpendMend Holdings LLC |
|
|
380 |
|
|
|
— |
|
|
Splash Car Wash, Inc. |
|
|
6,765 |
|
|
|
— |
|
|
Spotless Brands, LLC |
|
|
51,454 |
|
|
|
— |
|
|
Summit Buyer, LLC (dba Classic Collision) |
|
|
147,136 |
|
|
|
35,389 |
|
|
Sundance Group Holdings, Inc. (dba NetDocuments) |
|
|
19,712 |
|
|
|
— |
|
|
Sunshine Cadence HoldCo, LLC (dba Cadence Education) |
|
|
13,548 |
|
|
|
16,326 |
|
|
Superman Holdings, LLC (dba Foundation Software) |
|
|
4,070 |
|
|
|
13,262 |
|
|
Supreme Fitness Group NY Holdings, LLC |
|
|
3,638 |
|
|
|
— |
|
|
TEI Intermediate LLC (dba Triumvirate Environmental) |
|
|
40,754 |
|
|
|
47,488 |
|
|
TL Sapphire Holdings, Inc. (dba SouthernCarlson) |
|
|
140,884 |
|
|
|
— |
|
|
Tropical Bidco, LLC (dba Tropical Cheese) |
|
|
17,538 |
|
|
|
14,615 |
|
|
Trystar, LLC |
|
|
40,600 |
|
|
|
18,837 |
|
|
UFT Buyer LLC (dba United Flow Technologies) |
|
|
40,079 |
|
|
|
— |
|
|
Unit4 Group Holding B.V. |
|
|
117,874 |
|
|
|
— |
|
|
US Signal Company, LLC |
|
|
8,637 |
|
|
|
13,579 |
|
|
USA DeBusk, LLC |
|
|
33,629 |
|
|
|
34,430 |
|
|
Valet Waste Holdings, Inc. (dba Valet Living) |
|
|
12,820 |
|
|
|
13,040 |
|
|
Vamos Bidco, Inc. (dba VIP) |
|
|
37,200 |
|
|
|
— |
|
|
Vardiman Black Holdings, LLC (dba Specialty Dental Brands) |
|
|
124 |
|
|
|
319 |
|
|
VASA Fitness Buyer, Inc. |
|
|
8,269 |
|
|
|
1,306 |
|
|
Victors Purchaser, LLC (dba Service Express) |
|
|
27,064 |
|
|
|
— |
|
|
VisionSafe Holdings, Inc. |
|
|
1,763 |
|
|
|
1,320 |
|
|
VRS Buyer, Inc. (dba LiquidTech) |
|
|
11,610 |
|
|
|
— |
|
|
WebPT, Inc. |
|
|
36 |
|
|
|
— |
|
|
(1)Unfunded commitments denominated in currencies other than USD have been converted to USD using the exchange rate as of the applicable reporting date.
|
|
|
|
|
|
|
|
|
|
|
|
Unfunded Commitment Balances (1) |
|
|
|
|
December 31, 2025 |
|
|
December 31, 2024 |
|
|
1st Lien/Senior Secured Debt |
|
|
|
|
|
|
|
Wellness AcquisitionCo, Inc. (dba SPINS) |
|
|
1,716 |
|
|
|
— |
|
|
Westwood Professional Services Inc. |
|
|
27,855 |
|
|
|
30,988 |
|
|
Wildcat Solutions Holdings, LLC (dba O6 Environmental) |
|
|
10,867 |
|
|
|
— |
|
|
Zarya HoldCo, Inc. (dba Eptura) |
|
|
938 |
|
|
|
— |
|
|
Zeppelin US Buyer Inc. (dba Global Critical Logistics) |
|
|
51,531 |
|
|
|
— |
|
|
Zeus Company LLC |
|
|
18,923 |
|
|
|
18,270 |
|
|
Amspec Parent, LLC |
|
— |
|
|
|
6,667 |
|
|
Arrow Buyer, Inc. (dba Archer Technologies) |
|
— |
|
|
|
1,460 |
|
|
BCPE HIPH Parent, Inc. (dba Harrington Industrial Plastics) |
|
— |
|
|
|
15,086 |
|
|
DFS Holding Company, Inc. |
|
— |
|
|
|
5,491 |
|
|
Easy Mile Fitness, LLC |
|
— |
|
|
|
4,650 |
|
|
Formulations Parent Corporation (dba Chase Corp) |
|
— |
|
|
|
9,068 |
|
|
HealthEdge Software, Inc. |
|
— |
|
|
|
4,580 |
|
|
NAVEX TopCo, Inc. |
|
— |
|
|
|
4,050 |
|
|
Rubrik, Inc. |
|
— |
|
|
|
627 |
|
|
United Flow Technologies Intermediate Holdco II, LLC |
|
— |
|
|
|
26,338 |
|
|
Total 1st Lien/Senior Secured Debt |
|
$ |
5,222,746 |
|
|
$ |
1,163,027 |
|
|
1st Lien/Last-Out Unitranche |
|
|
|
|
|
|
|
EDB Parent, LLC (dba Enterprise DB) |
|
$ |
1,169 |
|
|
$ |
— |
|
|
EIP Consolidated, LLC (dba Everest Infrastructure) |
|
|
1,417 |
|
|
|
7,500 |
|
|
K2 Towers II, LLC |
|
|
275 |
|
|
|
— |
|
|
K2 Towers III, LLC |
|
|
9,140 |
|
|
|
4,858 |
|
|
Octagon Towers LLC |
|
|
1,010 |
|
|
|
— |
|
|
Peppertree Towers, LLC |
|
|
807 |
|
|
|
— |
|
|
Skyway Towers Intermediate LLC |
|
|
18,880 |
|
|
|
7,349 |
|
|
Tarpon Towers II LLC |
|
|
8,438 |
|
|
|
10,063 |
|
|
Towerco IV Holdings, LLC |
|
|
2,350 |
|
|
|
2,982 |
|
|
Esperanto BidCo AG (dba BSI Software) |
|
— |
|
|
|
26,541 |
|
|
Thor FinanceCo LLC (dba Harmoni Towers) |
|
— |
|
|
|
17,167 |
|
|
Total 1st Lien/Last-Out Unitranche |
|
$ |
43,486 |
|
|
$ |
76,460 |
|
|
2nd Lien/Senior Secured Debt |
|
|
|
|
|
|
|
AP Kona Holdings LLC (dba Keurig Dr Pepper Inc.) |
|
$ |
28,861 |
|
|
$ |
— |
|
|
Consilio IntermediateCo Limited (dba Cyncly) |
|
|
6,603 |
|
|
|
— |
|
|
Total 2nd Lien/Senior Secured Debt |
|
$ |
35,464 |
|
|
$ |
— |
|
|
Membership Interest |
|
|
|
|
|
|
|
BX Frontier Member I Holdings LLC |
|
|
37,023 |
|
|
|
— |
|
|
Total Membership Interest |
|
$ |
37,023 |
|
|
$ |
— |
|
|
Total |
|
$ |
5,338,719 |
|
|
$ |
1,239,487 |
|
|
(1)Unfunded commitments denominated in currencies other than USD have been converted to USD using the exchange rate as of the applicable reporting date.
|