v3.25.4
COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2025
COMMITMENTS AND CONTINGENCIES  
Schedule of unfunded commitments

Unfunded Commitments ($ in thousands)

  ​ ​ ​

As of December 31, 2025

  ​ ​ ​

As of December 31, 2024

Revolving Loan Commitments:

Bridgepoint Healthcare, LLC

$

$

1,350

BUSA Acquisition Co. (d/b/a BankCard USA Merchant Services Inc.)

643

459

Claridge Products and Equipment, LLC

140

70

Coastal Television Broadcasting Group LLC

309

EducationDynamics, LLC

840

1,199

Four Winds Health, LLC

625

Gulf Winds International Acquisition LLC (d/b/a Gulf Winds International, Inc.)

235

194

Infotree Holdco LLC (d/b/a Infotree Global Solutions LLC)

530

Juniper Landscaping Holdings LLC

677

Leviathan Intermediate Holdco, LLC

570

570

LogicMonitor, Inc.

778

778

Media Source, LLC (d/b/a Media Source Inc.)

825

Meta Buyer LLC (d/b/a Metagenics, LLC)

1,475

Midwest Texas Tea CA, LLC (d/b/a US Petroleum Partners, LLC)

246

Motivational Marketing, LLC (d/b/a Motivational Fulfillment)

945

M&M OpCo, LLC (d/b/a Escalent, Inc.)

238

238

PANOS Brands, LLC

412

384

PGI Parent LLC (d/b/a Prime Electric, Inc.)

923

Unfunded Commitments ($ in thousands)

  ​ ​ ​

As of December 31, 2025

  ​ ​ ​

As of December 31, 2024

Quest Events, LLC

88

Rewards Network Inc.

1,915

Ribbon Communications Operating Company, Inc. (d/b/a Ribbon Communications Inc.)

880

880

Salon Republic Holdings, LLC (d/b/a Salon Republic, LLC)

861

861

Sleep OpCo LLC (d/b/a Brooklyn Bedding LLC)

1,545

2,646

Surge Amuze Holdings Inc. (d/b/a Amuze Products II, Inc.)

281

146

Telestream Holdings Corporation

241

Telestream 2 LLC (d/b/a Telestream Holdings Corporation)

497

Texas Express Wash, LLC (d/b/a ClearWater Express Wash)

311

The Kyjen Company, LLC (d/b/a Outward Hound)

798

TOT Group, Inc. (d/b/a Netevia Group LLC)

553

553

Trailhead Media LLC

870

W&A Intermediate Co., LLC (d/b/a Wakefield & Associates, LLC)

428

515

W Electric Intermediate Holdings, LLC (d/b/a Westinghouse Electric Corporation)

1,195

Zephyr Buyer, L.P. (d/b/a The Weather Company, LLC)

1,806

1,806

Total unfunded revolving loan commitments

19,819

15,510

Delayed Draw Loan Commitments:

Arcserve Cayman Opco LP (d/b/a Arcserve (USA), LLC)

1,422

1,422

Avision Holdings, LLC (d/b/a Avision Sales Group)

1,756

Buckeye Acquiror LLC (d/b/a Superior Environmental Solutions, LLC)

601

Camarillo Fitness Holdings, LLC (f/k/a Honors Holdings, LLC)

486

Four Winds Health, LLC

2,250

Juniper Landscaping Holdings LLC

2,769

Kelso Industries LLC

1,389

LogicMonitor, Inc.

1,000

Meta Buyer LLC (d/b/a Metagenics, LLC)

3,380

MGT Merger Target, LLC (d/b/a MGT Consulting Group)

1,076

Rewards Network Inc.

2,553

Salon Republic Holdings, LLC (d/b/a Salon Republic, LLC)

861

861

Surge Amuze Holdings Inc. (d/b/a Amuze Products II, Inc.)

451

878

Texas Express Wash, LLC (d/b/a ClearWater Express Wash)

2,485

TOT Group, Inc. (d/b/a Netevia Group LLC)

553

1,107

Trailhead Media LLC

2,174

W&A Intermediate Co., LLC (d/b/a Wakefield & Associates, LLC)

1,288

1,288

Total unfunded delayed draw loan commitments

21,175

10,875

Total Unfunded Commitments

$

40,994

$

26,385

(1)Unfunded commitments denominated in non-USD currencies have been converted to USD using the exchange rate as of the applicable reporting date.