| Commitments and Contingencies |
7. COMMITMENTS AND CONTINGENCIES Capital Commitments The Company had aggregate capital commitments and undrawn capital commitments from investors as follows:
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June 30, 2026 |
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December 31, 2025 |
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Capital
Commitments |
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Unfunded
Capital
Commitments |
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% of Capital
Commitments
Funded |
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Capital
Commitments |
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Unfunded
Capital
Commitments |
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% of Capital
Commitments
Funded |
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Common Units |
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$ |
1,475,812 |
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$ |
132,823 |
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91 |
% |
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$ |
1,475,812 |
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$ |
132,823 |
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91 |
% |
Portfolio Company Commitments The Company may enter into investment commitments through executed credit agreements or commitment letters. In many circumstances for executed commitment letters, borrower acceptance and final terms are subject to transaction-related contingencies. As of June 30, 2026, the Company believed that it had adequate financial resources to satisfy its unfunded commitments. The Company had the following unfunded commitments by investment types:
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Unfunded Commitment Balances(1) |
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June 30, 2026 |
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December 31, 2025 |
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1st Lien/Senior Secured Debt |
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Abacus Data Holdings, Inc. (dba Clutch Intermediate Holdings) |
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$ |
1,100 |
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$ |
1,100 |
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Admiral Buyer, Inc. (dba Fidelity Payment Services) |
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2,881 |
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2,881 |
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AQ Helios Buyer, Inc. (dba SurePoint) |
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832 |
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832 |
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BSI3 Menu Buyer, Inc (dba Kydia) |
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1,924 |
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1,603 |
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Chess.com, LLC (fka Checkmate Finance Merger Sub, LLC) |
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2,831 |
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2,831 |
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Coding Solutions Acquisition, Inc. (dba CorroHealth) |
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1,187 |
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1,187 |
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Diligent Corporation |
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3,180 |
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9,494 |
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ESO Solutions, Inc. |
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1,053 |
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329 |
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Everest Clinical Research Corporation (fka 1272775 B.C. LTD.) |
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1,160 |
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1,160 |
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Experity, Inc. |
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3,023 |
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3,023 |
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FS WhiteWater Borrower, LLC (fka Whitewater Holding Company LLC) |
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2,100 |
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2,100 |
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Gainsight, Inc. |
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5,182 |
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5,182 |
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GovDelivery Holdings, LLC (dba Granicus, Inc.) |
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1,513 |
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1,645 |
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GS AcquisitionCo, Inc. (dba Insightsoftware) |
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1 |
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575 |
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Honor HN Buyer, Inc |
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2,542 |
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2,224 |
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iCIMS, Inc. |
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1,320 |
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1,358 |
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IMO Investor Holdings, Inc. (fka Intelligent Medical Objects, Inc.) |
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1,396 |
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1,396 |
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NFM & J, L.P. (dba the Facilities Group) |
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1,258 |
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1,685 |
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Pacvue Intermediate LLC (fka Assembly Intermediate LLC) |
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3,991 |
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3,991 |
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Pluralsight, Inc. |
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7,663 |
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7,663 |
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Riverpoint Medical, LLC |
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1,807 |
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1,806 |
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Rodeo Buyer Company (dba Absorb Software) |
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3,065 |
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3,065 |
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Southeast Mechanical, LLC |
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1,700 |
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1,700 |
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SpendMend Holdings LLC |
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1,337 |
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1,338 |
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Streamland Media Midco LLC |
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171 |
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275 |
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Summit Buyer, LLC (dba Classic Collision) |
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1,416 |
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3,299 |
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Sundance Group Holdings, Inc. (dba NetDocuments) |
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6,443 |
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5,576 |
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Superman Holdings, LLC (dba Foundation Software) |
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4,365 |
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4,365 |
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Sweep Purchaser LLC |
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2,941 |
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3,361 |
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VRC Companies, LLC (dba Vital Records Control) |
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858 |
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858 |
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WebPT, Inc. |
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2,146 |
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276 |
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Zarya HoldCo, Inc. (dba Eptura) |
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4,790 |
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8,383 |
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Elemica Parent, Inc. |
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— |
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31 |
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Heartland Home Services, Inc. (fka Helios Buyer, Inc.) |
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— |
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1,284 |
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USN Opco LLC (dba Global Nephrology Solutions) |
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— |
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2,812 |
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Volt Bidco, Inc. (dba Power Factors) |
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— |
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3,593 |
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Total 1st Lien/Senior Secured Debt |
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$ |
77,176 |
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$ |
94,281 |
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1st Lien/Last-Out Unitranche |
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EDB Parent, LLC (dba Enterprise DB) |
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$ |
62 |
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$ |
214 |
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Total 1st Lien/Last-Out Unitranche |
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$ |
62 |
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$ |
214 |
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Total |
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$ |
77,238 |
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$ |
94,495 |
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(1)Unfunded commitments denominated in currencies other than USD have been converted to USD using the exchange rate as of the applicable reporting date. Contingencies In the normal course of business, the Company enters into contracts that provide a variety of general indemnifications. Any exposure to the Company under these arrangements could involve future claims that may be made against the Company. Currently, no such claims exist or are expected to arise and, accordingly, the Company has not accrued any liability in connection with such indemnifications.
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