| Commitments and Contingencies |
Note 8. Commitments and Contingencies The Company had an aggregate of $40,971 and $40,922, respectively, of unfunded commitments, including $28,116 and $27,373, respectively, of unfunded commitments on revolvers, to provide debt financing to its portfolio companies as of June 30, 2026 and December 31, 2025. These commitments are not reflected in the Company’s consolidated statements of assets and liabilities but are generally incorporated into the Company’s determination of its liquidity. Consequently, such commitments result in an element of credit risk in excess of the amount recognized in the Company’s consolidated statements of assets and liabilities. The Company’s unfunded revolving commitments are generally available on a borrower’s demand and may remain outstanding until the maturity date of the underlying senior secured loan. The Company’s unfunded delayed draw term loan commitments are generally subject to the satisfaction of certain financial and nonfinancial covenants and certain operational metrics. The commitment period for unfunded delayed draw term loan commitments may be shorter than the maturity date if drawn or funded. A summary of the composition of the unfunded commitments as of June 30, 2026 and December 31, 2025 is shown in the table below.
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As of |
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As of |
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|
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June 30, 2026 |
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December 31, 2025 |
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Aegis Toxicology Sciences Corporation |
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$ |
213 |
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$ |
1,065 |
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AeriTek Global Holdings LLC |
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|
182 |
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133 |
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Alcami Corporation |
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|
574 |
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|
432 |
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Allcat Claims Service, LLC |
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|
2,173 |
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|
|
2,395 |
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Allentown, LLC |
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|
185 |
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|
276 |
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American Equipment Holdings LLC |
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|
600 |
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|
634 |
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Big Top Holdings, LLC |
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|
682 |
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|
|
- |
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Bloomington Holdco, LLC (BW Fusion) |
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|
1,865 |
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|
1,193 |
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BLP Buyer, Inc. (Bishop Lifting Products) |
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|
71 |
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|
163 |
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Brightview, LLC |
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|
593 |
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|
26 |
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Carton Packaging Buyer, Inc. (Century Box) |
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|
447 |
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|
447 |
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CCFF Buyer, LLC (California Custom Fruits & Flavors, LLC) |
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|
1,727 |
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|
|
1,757 |
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CGI Automated Manufacturing, LLC |
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|
80 |
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|
|
160 |
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CI (MG) Group, LLC (Mariani Premier Group) |
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|
708 |
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1,093 |
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City Line Distributors LLC |
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|
462 |
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|
533 |
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CMT Intermediate Holdings, LLC (Capital Machine Technologies) |
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|
756 |
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|
756 |
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CREO Group Inc. (HMS Manufacturing) |
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|
225 |
|
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|
182 |
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Curio Brands, LLC |
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|
569 |
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|
|
568 |
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Del-Air Heating, Air Conditioning & Refrigeration, LLC |
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|
652 |
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|
|
686 |
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As of |
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As of |
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|
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June 30, 2026 |
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December 31, 2025 |
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DISA Holdings Corp. |
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|
370 |
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|
277 |
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Diverzify Intermediate, LLC |
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|
- |
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|
811 |
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ECS Opco 1, LLC (Spectrum Vascular) |
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|
380 |
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|
|
630 |
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Envirotech Services, LLC |
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|
1,076 |
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|
|
1,180 |
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Evaaro US Bidco, Inc. (Keg Logistics LLC) |
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|
832 |
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|
|
- |
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Fastener Distribution Holdings, LLC |
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|
871 |
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|
871 |
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Gage CR Acquisition, LLC |
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|
1,050 |
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|
|
1,050 |
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Guardian Dentistry Practice Management, LLC |
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|
1,390 |
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|
|
62 |
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Gulf Pacific Acquisition, LLC |
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|
128 |
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|
77 |
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IF&P Foods, LLC (FreshEdge) |
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|
426 |
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|
|
256 |
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Improving Acquisition LLC |
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|
295 |
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|
295 |
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Integrated Dermatology LLC |
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|
1,878 |
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|
2,058 |
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J&K Ingredients, LLC |
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|
278 |
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|
278 |
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KAMC Holdings, Inc. (Franklin Energy) |
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|
270 |
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|
270 |
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Krayden Holdings, Inc. |
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|
360 |
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|
|
423 |
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Lakewood Acquisition Corporation (R&B Wholesale) |
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|
1,803 |
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1,803 |
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LEM Buyer, Inc. (CFS Technologies Intermediate, Inc.) |
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|
115 |
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|
|
383 |
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Light Wave Dental Management, LLC |
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|
63 |
|
|
|
63 |
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LSL Industries, LLC |
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|
448 |
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|
|
448 |
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MacNeill Pride Group Corp. |
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|
173 |
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|
346 |
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ML Buyer, LLC (Mama Lycha Foods, LLC) |
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|
673 |
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|
703 |
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Monza Purchaser, LLC (Smyth) |
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|
935 |
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1,223 |
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MRC Keystone Acquisition LLC (Automated Handling Solutions) |
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|
785 |
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|
785 |
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NMA Holdings, LLC (Neuromonitoring Associates) |
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1,128 |
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|
|
1,292 |
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OAO Acquisitions, Inc. (BearCom) |
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|
515 |
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|
515 |
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PGI Parent LLC (Prime Electric) |
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|
160 |
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|
178 |
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PH Beauty Holdings III, Inc. |
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|
352 |
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|
352 |
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Project Tahoe Acquisition Corp (Norton Packaging) |
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|
845 |
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- |
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Quatro Parent, Inc. (S3 AeroDefense) |
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2,143 |
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- |
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Redwood MSO, LLC (Smile Partners) |
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|
168 |
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|
275 |
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Refocus Management Services, LLC |
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|
323 |
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|
966 |
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RMH Systems, LLC |
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1,571 |
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1,571 |
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The Robinette Company |
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|
344 |
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|
|
344 |
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Ruff Roofers Buyer, LLC |
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1,825 |
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|
1,825 |
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Speedstar Holding LLC |
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|
111 |
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|
|
111 |
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Superior Intermediate LLC (Landmark Structures) |
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|
597 |
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|
|
1,885 |
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Tapco Buyer LLC |
|
|
471 |
|
|
|
1,734 |
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TL Atlas Merger Sub Corp. (Zep) |
|
|
1,430 |
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|
|
838 |
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United Titanium, LLC |
|
|
768 |
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|
|
768 |
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US Masonry & Building Products Co. (f/k/a US Anchors Group, Inc) |
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|
434 |
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|
1,054 |
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Workholding US Holdings, LLC (Forkardt Hardinge) |
|
|
63 |
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|
|
63 |
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Worldwide Produce Acquisition, LLC |
|
|
360 |
|
|
|
360 |
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|
|
$ |
40,971 |
|
|
$ |
40,922 |
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From time to time, the Company may become a party to certain legal proceedings incidental to the normal course of its business. As of June 30, 2026 and December 31, 2025, management was not aware of any material pending or threatened litigation that would require accounting recognition or financial statement disclosure.
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