v3.26.1
Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Schedule of transactions related to investments in affiliated companies

Transactions during the six months ended June 30, 2026 in which the issuer was either an Affiliated Person, as defined in the 1940 Act, or an Affiliated Person that the Company is deemed to control are as follows:

 

Portfolio Company

 

Fair Value
as of
December 31,
2025

 

 

Gross
Additions
(2)

 

 

Gross
Reductions

 

 

Change in
Unrealized
Appreciation

 

 

Realized
Gains
(Losses)

 

 

Fair Value
as of
June 30,
2026

 

 

Dividend,
Interest, and
PIK Income

 

 

Other
Income

 

Non-Controlled/affiliate investment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Abracon Borrower, LLC. First Lien Senior Secured Loan - Revolver

$

 

 

$

 

983

 

$

 

(1,178

)

$

 

944

 

$

 

(705

)

$

 

44

 

$

 

 

$

 

44

 

Abracon Borrower, LLC. First Lien Senior Secured Loan

 

 

 

 

 

6,651

 

 

 

(860

)

 

 

6,737

 

 

 

(6,605

)

 

 

5,923

 

 

 

36

 

 

 

 

Abracon TopCo, LLC Equity Interest (1)

 

 

 

 

 

1,908

 

 

 

 

 

 

704

 

 

 

(16

)

 

 

2,596

 

 

 

 

 

 

 

ADT Pizza, LLC Equity Interest (1)

 

 

 

 

 

20

 

 

 

 

 

 

 

 

 

(20

)

 

 

 

 

 

 

 

 

 

Ansett Aviation Training Equity Interest (1)

 

 

18,384

 

 

 

 

 

 

 

 

 

721

 

 

 

 

 

 

19,105

 

 

 

 

 

 

 

Blackbrush Oil & Gas, L.P. Preferred Equity (1)

 

 

 

 

 

 

 

 

(137

)

 

 

 

 

 

137

 

 

 

 

 

 

 

 

 

 

DC Blox Equity Interest (1)

 

 

 

 

 

10

 

 

 

 

 

 

 

 

 

(10

)

 

 

 

 

 

 

 

 

 

DC Blox Preferred Equity (1)

 

 

 

 

 

 

 

 

(464

)

 

 

 

 

 

464

 

 

 

 

 

 

 

 

 

 

DC Blox Preferred Equity (1)

 

 

 

 

 

 

 

 

(67

)

 

 

 

 

 

67

 

 

 

 

 

 

 

 

 

 

DC Blox Preferred Equity (1)

 

 

 

 

 

 

 

 

(90

)

 

 

 

 

 

90

 

 

 

 

 

 

 

 

 

 

PPX Preferred Equity (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PPX Preferred Equity (1)

 

 

 

 

 

3,250

 

 

 

 

 

 

(425

)

 

 

 

 

 

2,825

 

 

 

 

 

 

 

PPX Preferred Equity (1)

 

 

 

 

 

532

 

 

 

 

 

 

214

 

 

 

 

 

 

746

 

 

 

 

 

 

 

Walker Edison First Lien Senior Secured Loan - Delayed Draw (1)

 

 

290

 

 

 

232

 

 

 

 

 

 

 

 

 

 

 

 

522

 

 

 

2

 

 

 

21

 

Total Non-Controlled/affiliate investment

$

 

18,674

 

$

 

13,586

 

$

 

(2,796

)

$

 

8,895

 

$

 

(6,598

)

$

 

31,761

 

$

 

38

 

$

 

65

 

Controlled affiliate investment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Bain Capital Senior Loan Program, LLC Subordinated Note Investment Vehicles

$

 

157,925

 

$

 

8,985

 

$

 

 

$

 

(3,105

)

$

 

 

$

 

163,805

 

$

 

8,979

 

$

 

 

Bain Capital Senior Loan Program, LLC Preferred Equity Interest Investment Vehicles

 

 

1,836

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,836

 

 

 

1,829

 

 

 

 

Bain Capital Senior Loan Program, LLC Equity Interest Investment Vehicles

 

 

5,007

 

 

 

 

 

 

 

 

 

(5,007

)

 

 

 

 

 

 

 

 

5,183

 

 

 

 

BCC Jetstream Holdings Aviation (On II), LLC First Lien Senior Secured Loan (1)

 

 

4,583

 

 

 

 

 

 

 

 

 

350

 

 

 

 

 

 

4,933

 

 

 

 

 

 

 

BCC Jetstream Holdings Aviation (On II), LLC Equity Interest (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BCC Jetstream Holdings Aviation (Off I), LLC Equity Interest (1)

 

 

7,539

 

 

 

 

 

 

 

 

 

577

 

 

 

 

 

 

8,116

 

 

 

 

 

 

 

Gale Aviation (Offshore) Co Equity Interest (1)

 

 

55,758

 

 

 

 

 

 

(53,307

)

 

 

10,997

 

 

 

(13,448

)

 

 

 

 

 

 

 

 

 

International Senior Loan Program, LLC Equity Interest Investment Vehicles (1)

 

 

43,554

 

 

 

 

 

 

 

 

 

(12,820

)

 

 

 

 

 

30,734

 

 

 

857

 

 

 

 

International Senior Loan Program, LLC Subordinated Note Investment Vehicles

 

 

190,729

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

190,729

 

 

 

8,390

 

 

 

 

Legacy Corporate Lending HoldCo, LLC Equity Interest (1)

 

 

1,287

 

 

 

 

 

 

 

 

 

104

 

 

 

 

 

 

1,391

 

 

 

 

 

 

 

Legacy Corporate Lending HoldCo, LLC Preferred Equity

 

 

68,748

 

 

 

13,049

 

 

 

 

 

 

2,207

 

 

 

 

 

 

84,004

 

 

 

2,700

 

 

 

 

Legacy Corporate Lending HoldCo, LLC Equity Interest (1)

 

 

 

 

 

 

 

 

 

 

 

4,133

 

 

 

 

 

 

4,133

 

 

 

 

 

 

 

Lightning Holdings B, LLC Equity Interest (1)

 

 

47,423

 

 

 

 

 

 

(1,150

)

 

 

6,722

 

 

 

 

 

 

52,995

 

 

 

2,600

 

 

 

 

Parcel2Go First Lien Senior Secured Loan

 

 

56

 

 

 

4

 

 

 

(2

)

 

 

(1

)

 

 

 

 

 

57

 

 

 

1

 

 

 

 

Parcel2Go Equity Interest (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Parcel2Go Preferred Equity (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SG Global Midco Limited First Lien Senior Secured Loan

 

 

3

 

 

 

 

 

 

 

 

 

(3

)

 

 

 

 

 

 

 

 

 

 

 

 

Surrey Bidco Limited First Lien Senior Secured Loan (1)

 

 

22

 

 

 

 

 

 

 

 

 

55

 

 

 

(77

)

 

 

 

 

 

 

 

 

 

Voltaire Topco Limited Equity Interest (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Controlled affiliate investment

$

 

584,470

 

$

 

22,038

 

$

 

(54,459

)

$

 

4,209

 

$

 

(13,525

)

$

 

542,733

 

$

 

30,539

 

$

 

 

Total

$

 

603,144

 

$

 

35,624

 

$

 

(57,255

)

$

 

13,104

 

$

 

(20,123

)

$

 

574,494

 

$

 

30,577

 

$

 

65

 

(1) Non-income producing.

(2) Gross additions may include increases in the cost basis of investments resulting from new portfolio investments, PIK, the accretion of discounts, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company into this category from a different category.

Transactions during the year ended December 31, 2025 in which the issuer was either an Affiliated Person or an Affiliated Person that the Company is deemed to control are as follows:

 

 

Fair Value

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value

 

 

 

 

 

 

 

as of

 

 

 

 

 

 

 

Change in

 

Realized

 

as of

 

Dividend,

 

 

 

 

 

December 31,

 

Gross

 

Gross

 

Unrealized

 

Gains

 

December 31,

 

Interest, and

 

Other

 

Portfolio Company

2024

 

Additions

 

Reductions

 

Appreciation

 

(Losses)

 

2025

 

PIK Income

 

Income

 

Non-Controlled/affiliate investment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ADT Pizza, LLC Equity Interest (1)

$

 

8,429

 

$

 

 

$

 

(3,361

)

$

 

(5,068

)

$

 

 

$

 

 

$

 

 

$

 

3

 

Ansett Aviation Training First Lien Senior Secured Loan

 

 

4,374

 

 

 

 

 

 

(4,601

)

 

 

934

 

 

 

(707

)

 

 

 

 

 

176

 

 

 

 

Ansett Aviation Training Equity Interest (1)

 

 

8,617

 

 

 

 

 

 

 

 

 

9,767

 

 

 

 

 

 

18,384

 

 

 

 

 

 

5

 

Blackbrush Oil & Gas C/S Equity Interest (1)

 

 

 

 

 

3,209

 

 

 

 

 

 

 

 

 

(3,209

)

 

 

 

 

 

 

 

 

 

DC Blox Equity Interest (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DC Blox First Lien Senior Secured Loan

 

 

1,408

 

 

 

68

 

 

 

(1,384

)

 

 

(92

)

 

 

 

 

 

 

 

 

30

 

 

 

 

DC Blox Preferred Equity (1)

 

 

38,523

 

 

 

 

 

 

(37,794

)

 

 

(623

)

 

 

(106

)

 

 

 

 

 

 

 

 

 

DC Blox Preferred Equity (1)

 

 

5,230

 

 

 

 

 

 

(5,440

)

 

 

(1,371

)

 

 

1,581

 

 

 

 

 

 

10

 

 

 

 

DC Blox Preferred Equity (1)

 

 

4,277

 

 

 

 

 

 

(7,346

)

 

 

(4,265

)

 

 

7,334

 

 

 

 

 

 

5

 

 

 

 

Direct Travel, Inc First Lien Senior Secured Loan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

101

 

Walker Edison First Lien Senior Secured Loan - Delayed Draw (1)

 

 

 

 

 

656

 

 

 

 

 

 

 

 

 

(656

)

 

 

 

 

 

 

 

 

 

Walker Edison Equity Interest (1)

 

 

 

 

 

 

 

 

 

 

 

5,592

 

 

 

(5,592

)

 

 

 

 

 

 

 

 

 

Walker Edison First Lien Senior Secured Loan (1)

 

 

 

 

 

52

 

 

 

 

 

 

 

 

 

(52

)

 

 

 

 

 

 

 

 

 

Walker Edison First Lien Senior Secured Loan (1)

 

 

1,040

 

 

 

187

 

 

 

 

 

 

5,393

 

 

 

(6,620

)

 

 

 

 

 

 

 

 

 

Walker Edison First Lien Senior Secured Loan - Revolver (1)

 

 

3,182

 

 

 

 

 

 

(93

)

 

 

 

 

 

(3,089

)

 

 

 

 

 

(61

)

 

 

 

Walker Edison First Lien Senior Secured Loan - Delayed Draw (1)

 

 

278

 

 

 

447

 

 

 

 

 

 

 

 

 

(725

)

 

 

 

 

 

8

 

 

 

 

Walker Edison First Lien Senior Secured Loan - Delayed Draw (1)

 

 

238

 

 

 

104

 

 

 

 

 

 

1,703

 

 

 

(2,045

)

 

 

 

 

 

 

 

 

 

Walker Edison First Lien Senior Secured Loan - Delayed Draw (1)

 

 

137

 

 

 

 

 

 

 

 

 

736

 

 

 

(873

)

 

 

 

 

 

(3

)

 

 

 

Walker Edison First Lien Senior Secured Loan - Delayed Draw (1)

 

 

 

 

 

290

 

 

 

 

 

 

 

 

 

 

 

 

290

 

 

 

 

 

 

9

 

Walker Edison First Lien Senior Secured Loan - Delayed Draw (1)

 

 

 

 

 

266

 

 

 

(266

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Non-Controlled/affiliate investment

$

 

75,733

 

$

 

5,279

 

$

 

(60,285

)

$

 

12,706

 

$

 

(14,759

)

$

 

18,674

 

$

 

165

 

$

 

118

 

Controlled affiliate investment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Bain Capital Senior Loan Program, LLC Subordinated Note Investment Vehicles

$

 

146,495

 

$

 

23,500

 

$

 

 

$

 

(12,070

)

$

 

 

$

 

157,925

 

$

 

16,131

 

$

 

 

Bain Capital Senior Loan Program, LLC Preferred Equity Interest Investment Vehicles

 

 

10

 

 

 

 

 

 

 

 

 

1,826

 

 

 

 

 

 

1,836

 

 

 

2,631

 

 

 

 

Bain Capital Senior Loan Program, LLC Equity Interest Investment Vehicles

 

 

(4,849

)

 

 

 

 

 

 

 

 

9,856

 

 

 

 

 

 

5,007

 

 

 

5,009

 

 

 

 

BCC Jetstream Holdings Aviation (On II), LLC First Lien Senior Secured Loan (1)

 

 

6,933

 

 

 

 

 

 

 

 

 

(2,350

)

 

 

 

 

 

4,583

 

 

 

 

 

 

 

BCC Jetstream Holdings Aviation (On II), LLC Equity Interest (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BCC Jetstream Holdings Aviation (Off I), LLC Equity Interest (1)

 

 

11,405

 

 

 

 

 

 

 

 

 

(3,866

)

 

 

 

 

 

7,539

 

 

 

 

 

 

 

Gale Aviation (Offshore) Co Equity Interest (1)

 

 

71,813

 

 

 

 

 

 

(7,640

)

 

 

(8,415

)

 

 

 

 

 

55,758

 

 

 

2,200

 

 

 

 

International Senior Loan Program, LLC Equity Interest Investment Vehicles

 

 

55,408

 

 

 

 

 

 

 

 

 

(11,854

)

 

 

 

 

 

43,554

 

 

 

3,623

 

 

 

 

International Senior Loan Program, LLC Subordinated Note Investment Vehicles

 

 

190,729

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

190,729

 

 

 

23,289

 

 

 

 

Legacy Corporate Lending HoldCo, LLC Equity Interest (1)

 

 

900

 

 

 

 

 

 

 

 

 

387

 

 

 

 

 

 

1,287

 

 

 

 

 

 

 

Legacy Corporate Lending HoldCo, LLC Preferred Equity

 

 

45,009

 

 

 

23,850

 

 

 

(6,750

)

 

 

6,639

 

 

 

 

 

 

68,748

 

 

 

2,700

 

 

 

 

Legacy Corporate Lending HoldCo, LLC Equity Interest (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lightning Holdings B, LLC Equity Interest (1)

 

 

57,807

 

 

 

150

 

 

 

(15,249

)

 

 

4,715

 

 

 

 

 

 

47,423

 

 

 

 

 

 

 

Parcel2Go First Lien Senior Secured Loan

 

 

54

 

 

 

8

 

 

 

 

 

 

(6

)

 

 

 

 

 

56

 

 

 

10

 

 

 

 

Parcel2Go Equity Interest (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Parcel2Go Preferred Equity (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SG Global Midco Limited First Lien Senior Secured Loan (1)

 

 

 

 

 

3

 

 

 

 

 

 

 

 

 

 

 

 

3

 

 

 

 

 

 

 

Surrey Bidco Limited First Lien Senior Secured Loan (1)

 

 

 

 

 

76

 

 

 

 

 

 

(54

)

 

 

 

 

 

22

 

 

 

 

 

 

 

Voltaire Topco Limited Equity Interest (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Controlled affiliate investment

$

 

581,714

 

$

 

47,587

 

$

 

(29,639

)

$

 

(15,192

)

$

 

 

$

 

584,470

 

$

 

55,593

 

$

 

 

Total

$

 

657,447

 

$

 

52,866

 

$

 

(89,924

)

$

 

(2,486

)

$

 

(14,759

)

$

 

603,144

 

$

 

55,758

 

$

 

118

 

 

(1) Non-income producing.