| Commitments and Contingencies |
6. Commitments and Contingencies Commitments The Fund may enter into commitments to fund investments. As of June 30, 2026 and December 31, 2025 the Adviser believed that the Fund had adequate financial resources to satisfy its unfunded commitments. Since these commitments and the associated amounts may expire without being drawn upon, the total commitment amount does not necessarily represent a future cash requirement. The Fund had the following unfunded commitments by investment types as of June 30, 2026 and December 31, 2025:
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|
6/30/2026 |
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|
12/31/2025 |
|
Investment Type |
|
Facility Type |
|
Commitment
Expiration
Date (1) |
|
Unfunded
Commitment (2) |
|
|
Fair Value (3) |
|
|
Unfunded
Commitment (2) |
|
|
Fair Value (3) |
|
123.Net, LLC |
|
Delayed Draw Term Loan |
|
7/19/2026 |
|
|
- |
|
|
|
- |
|
|
|
622,304 |
|
|
|
(7,779 |
) |
AAH Topco, LLC |
|
Delayed Draw Term Loan |
|
3/31/2027 |
|
|
1,175,782 |
|
|
|
- |
|
|
|
2,298,207 |
|
|
|
- |
|
AAH Topco, LLC |
|
Revolver |
|
12/22/2027 |
|
|
787,273 |
|
|
|
- |
|
|
|
787,273 |
|
|
|
- |
|
Admiral Buyer, Inc. |
|
Delayed Draw Term Loan |
|
8/17/2026 |
|
|
533,691 |
|
|
|
- |
|
|
|
533,691 |
|
|
|
- |
|
Admiral Buyer, Inc. |
|
Delayed Draw Term Loan |
|
2/8/2027 |
|
|
257,534 |
|
|
|
- |
|
|
|
257,534 |
|
|
|
- |
|
Admiral Buyer, Inc. |
|
Revolver |
|
12/6/2029 |
|
|
1,401,522 |
|
|
|
(7,008 |
) |
|
|
1,401,522 |
|
|
|
(7,008 |
) |
Airwavz Solutions Inc. |
|
Revolver |
|
3/31/2027 |
|
|
434,778 |
|
|
|
- |
|
|
|
434,778 |
|
|
|
- |
|
Airwavz Solutions Inc. |
|
Delayed Draw Term Loan |
|
12/31/2026 |
|
|
1,183,334 |
|
|
|
- |
|
|
|
1,775,001 |
|
|
|
- |
|
Amercare Royal LLC |
|
Revolver |
|
9/10/2030 |
|
|
357,121 |
|
|
|
(5,357 |
) |
|
|
791,878 |
|
|
|
(11,878 |
) |
Amercare Royal LLC |
|
Delayed Draw Term Loan |
|
9/10/2026 |
|
|
- |
|
|
|
- |
|
|
|
1,925,351 |
|
|
|
(19,254 |
) |
Amivie Acquisition, Inc. |
|
Delayed Draw Term Loan |
|
7/23/2027 |
|
|
- |
|
|
|
- |
|
|
|
158,346 |
|
|
|
- |
|
Amivie Acquisition, Inc. |
|
Revolver |
|
9/16/2027 |
|
|
863,813 |
|
|
|
(4,319 |
) |
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|
863,813 |
|
|
|
- |
|
Amivie Acquisition, Inc. |
|
Delayed Draw Term Loan |
|
5/5/2027 |
|
|
3,438,375 |
|
|
|
(17,192 |
) |
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|
- |
|
|
|
- |
|
AppViewX, Inc. |
|
Revolver |
|
12/24/2031 |
|
|
1,846,640 |
|
|
|
(50,783 |
) |
|
|
1,846,640 |
|
|
|
(18,466 |
) |
AppViewX, Inc. |
|
Delayed Draw Term Loan |
|
3/31/2027 |
|
|
1,908,194 |
|
|
|
(33,393 |
) |
|
|
1,908,194 |
|
|
|
- |
|
Artifact Bidco, Inc. |
|
Delayed Draw Term Loan |
|
7/26/2027 |
|
|
983,608 |
|
|
|
- |
|
|
|
983,608 |
|
|
|
- |
|
Artifact Bidco, Inc. |
|
Revolver |
|
7/26/2030 |
|
|
477,753 |
|
|
|
- |
|
|
|
477,753 |
|
|
|
- |
|
Artifact Bidco, Inc. |
|
Revolver |
|
7/26/2030 |
|
|
233,786 |
|
|
|
- |
|
|
|
233,786 |
|
|
|
- |
|
Azara Healthcare, LLC |
|
Delayed Draw Term Loan |
|
5/15/2028 |
|
|
5,753,780 |
|
|
|
(43,153 |
) |
|
|
- |
|
|
|
- |
|
Azara Healthcare, LLC |
|
Revolver |
|
5/13/2032 |
|
|
1,816,983 |
|
|
|
(27,255 |
) |
|
|
- |
|
|
|
- |
|
Azurite Intermediate Holdings, Inc. |
|
Revolver |
|
3/19/2031 |
|
|
1,137,723 |
|
|
|
(25,599 |
) |
|
|
1,137,723 |
|
|
|
(5,689 |
) |
Bastille Buyer, Inc |
|
Revolver |
|
4/30/2032 |
|
|
1,601,384 |
|
|
|
(24,021 |
) |
|
|
- |
|
|
|
- |
|
Bastille Buyer, Inc |
|
Delayed Draw Term Loan |
|
4/30/2029 |
|
|
6,405,536 |
|
|
|
(48,042 |
) |
|
|
- |
|
|
|
- |
|
BHG Holdings, LLC |
|
Delayed Draw Term Loan |
|
4/22/2027 |
|
|
3,667,902 |
|
|
|
(9,170 |
) |
|
|
3,667,902 |
|
|
|
- |
|
BHG Holdings, LLC |
|
Revolver |
|
4/22/2032 |
|
|
1,619,055 |
|
|
|
(16,191 |
) |
|
|
1,619,055 |
|
|
|
(12,143 |
) |
Bonterra LLC |
|
Revolver |
|
3/5/2032 |
|
|
854,208 |
|
|
|
(8,542 |
) |
|
|
907,596 |
|
|
|
(2,269 |
) |
Bridgepointe Technologies, LLC |
|
Delayed Draw Term Loan |
|
7/3/2026 |
|
|
- |
|
|
|
- |
|
|
|
961,130 |
|
|
|
- |
|
|
|
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|
|
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|
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|
|
|
|
|
|
|
|
|
|
|
6/30/2026 |
|
|
12/31/2025 |
|
Investment Type |
|
Facility Type |
|
Commitment
Expiration
Date (1) |
|
Unfunded
Commitment (2) |
|
|
Fair Value (3) |
|
|
Unfunded
Commitment (2) |
|
|
Fair Value (3) |
|
Bridgepointe Technologies, LLC |
|
Revolver |
|
12/31/2027 |
|
|
- |
|
|
|
- |
|
|
|
777,494 |
|
|
|
- |
|
Bridgepointe Technologies, LLC |
|
Delayed Draw Term Loan |
|
7/3/2026 |
|
|
- |
|
|
|
- |
|
|
|
10,053 |
|
|
|
- |
|
Bridgepointe Technologies, LLC |
|
Delayed Draw Term Loan |
|
4/17/2028 |
|
|
4,457,710 |
|
|
|
(22,734 |
) |
|
|
- |
|
|
|
- |
|
Bridgepointe Technologies, LLC |
|
Revolver |
|
4/18/2033 |
|
|
1,769,307 |
|
|
|
(17,693 |
) |
|
|
- |
|
|
|
- |
|
Brightspot Buyer, Inc. |
|
Revolver |
|
11/16/2027 |
|
|
566,910 |
|
|
|
(9,921 |
) |
|
|
680,292 |
|
|
|
(10,204 |
) |
BRP2 HOLD JONQUIL, INC. |
|
Revolver |
|
8/26/2030 |
|
|
1,648,091 |
|
|
|
(119,487 |
) |
|
|
1,521,314 |
|
|
|
(22,820 |
) |
BRP2 HOLD JONQUIL, INC. |
|
Delayed Draw Term Loan |
|
8/26/2026 |
|
|
1,541,024 |
|
|
|
(104,019 |
) |
|
|
2,358,620 |
|
|
|
(17,690 |
) |
BSI2 Hold Nettle, LLC |
|
Revolver |
|
6/30/2028 |
|
|
588,923 |
|
|
|
(2,945 |
) |
|
|
471,138 |
|
|
|
- |
|
Businessolver.com, Inc. |
|
Delayed Draw Term Loan |
|
12/3/2027 |
|
|
1,267,138 |
|
|
|
(22,175 |
) |
|
|
1,267,138 |
|
|
|
(3,168 |
) |
Businessolver.com, Inc. |
|
Revolver |
|
12/3/2032 |
|
|
564,347 |
|
|
|
(11,287 |
) |
|
|
564,347 |
|
|
|
(2,822 |
) |
BV EMS Buyer, Inc |
|
Revolver |
|
11/23/2027 |
|
|
336,510 |
|
|
|
- |
|
|
|
231,350 |
|
|
|
- |
|
CallTower, Inc. |
|
Revolver |
|
11/30/2028 |
|
|
- |
|
|
|
- |
|
|
|
622,259 |
|
|
|
- |
|
Caregiver 2, Inc. |
|
Delayed Draw Term Loan |
|
5/12/2028 |
|
|
170,160 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Choice Health at Home, LLC |
|
Delayed Draw Term Loan |
|
10/23/2026 |
|
|
- |
|
|
|
- |
|
|
|
878,578 |
|
|
|
- |
|
CHV Holdings LLC |
|
Revolver |
|
3/27/2029 |
|
|
1,241,546 |
|
|
|
(86,908 |
) |
|
|
1,241,546 |
|
|
|
- |
|
Coding Solutions Acquisition, Inc. |
|
Delayed Draw Term Loan |
|
8/7/2026 |
|
|
312,991 |
|
|
|
(782 |
) |
|
|
312,991 |
|
|
|
- |
|
Coding Solutions Acquisition, Inc. |
|
Revolver |
|
8/7/2031 |
|
|
703,351 |
|
|
|
(5,275 |
) |
|
|
703,351 |
|
|
|
- |
|
Contruent Intermediate Company |
|
Delayed Draw Term Loan |
|
11/12/2027 |
|
|
686,196 |
|
|
|
(18,870 |
) |
|
|
857,745 |
|
|
|
- |
|
Contruent Intermediate Company |
|
Revolver |
|
11/14/2031 |
|
|
571,830 |
|
|
|
(15,725 |
) |
|
|
571,830 |
|
|
|
(8,577 |
) |
Coretelligent Intermediate LLC |
|
Revolver |
|
10/21/2027 |
|
|
379,926 |
|
|
|
(22,796 |
) |
|
|
379,926 |
|
|
|
(20,896 |
) |
Coupa Holdings, LLC |
|
Delayed Draw Term Loan |
|
6/3/2027 |
|
|
- |
|
|
|
- |
|
|
|
948,020 |
|
|
|
- |
|
Coupa Holdings, LLC |
|
Revolver |
|
2/27/2029 |
|
|
241,963 |
|
|
|
- |
|
|
|
725,890 |
|
|
|
- |
|
Crewline Buyer, Inc. |
|
Revolver |
|
11/8/2030 |
|
|
1,366,496 |
|
|
|
(27,330 |
) |
|
|
1,366,496 |
|
|
|
- |
|
DA Blocker Corp. |
|
Revolver |
|
2/10/2032 |
|
|
1,353,066 |
|
|
|
(13,531 |
) |
|
|
1,573,333 |
|
|
|
(11,800 |
) |
DA Blocker Corp. |
|
Delayed Draw Term Loan |
|
2/10/2027 |
|
|
4,719,998 |
|
|
|
- |
|
|
|
4,719,998 |
|
|
|
- |
|
Datacor, Inc. |
|
Delayed Draw Term Loan |
|
3/10/2028 |
|
|
2,105,709 |
|
|
|
(15,793 |
) |
|
|
- |
|
|
|
- |
|
Datacor, Inc. |
|
Revolver |
|
3/11/2030 |
|
|
2,031,336 |
|
|
|
(15,235 |
) |
|
|
1,692,780 |
|
|
|
- |
|
Dearborn TopCo, LLC |
|
Revolver |
|
5/22/2029 |
|
|
476,028 |
|
|
|
(4,760 |
) |
|
|
616,037 |
|
|
|
(1,540 |
) |
DeLorean Purchaser, Inc. |
|
Revolver |
|
12/16/2031 |
|
|
2,409,819 |
|
|
|
(36,147 |
) |
|
|
2,409,819 |
|
|
|
(12,049 |
) |
Dispatchtrack, LLC |
|
Revolver |
|
12/17/2026 |
|
|
301,930 |
|
|
|
- |
|
|
|
301,930 |
|
|
|
- |
|
DLRdmv, LLC |
|
Delayed Draw Term Loan |
|
5/7/2027 |
|
|
805,500 |
|
|
|
- |
|
|
|
805,500 |
|
|
|
- |
|
DLRdmv, LLC |
|
Revolver |
|
5/7/2032 |
|
|
805,500 |
|
|
|
- |
|
|
|
805,500 |
|
|
|
(4,027 |
) |
Dorado Buyer LLC |
|
Revolver |
|
2/6/2030 |
|
|
248,309 |
|
|
|
(9,312 |
) |
|
|
248,308 |
|
|
|
(7,449 |
) |
Dorado Buyer LLC |
|
Delayed Draw Term Loan |
|
2/6/2026 |
|
|
- |
|
|
|
- |
|
|
|
2,427,222 |
|
|
|
(12,136 |
) |
Duetto Research, Inc |
|
Delayed Draw Term Loan |
|
6/26/2026 |
|
|
- |
|
|
|
- |
|
|
|
2,017,640 |
|
|
|
(10,088 |
) |
Duetto Research, Inc |
|
Revolver |
|
6/26/2030 |
|
|
1,008,820 |
|
|
|
(27,743 |
) |
|
|
1,008,820 |
|
|
|
(10,088 |
) |
EAGAN PARENT, INC |
|
Delayed Draw Term Loan |
|
9/10/2027 |
|
|
3,564,443 |
|
|
|
(71,289 |
) |
|
|
3,564,443 |
|
|
|
(8,911 |
) |
EAGAN PARENT, INC |
|
Revolver |
|
9/8/2032 |
|
|
1,901,036 |
|
|
|
(42,773 |
) |
|
|
1,901,036 |
|
|
|
(9,505 |
) |
EET Buyer, Inc. |
|
Delayed Draw Term Loan |
|
1/29/2027 |
|
|
378,394 |
|
|
|
(4,730 |
) |
|
|
378,394 |
|
|
|
(2,838 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6/30/2026 |
|
|
12/31/2025 |
|
Investment Type |
|
Facility Type |
|
Commitment
Expiration
Date (1) |
|
Unfunded
Commitment (2) |
|
|
Fair Value (3) |
|
|
Unfunded
Commitment (2) |
|
|
Fair Value (3) |
|
EET Buyer, Inc. |
|
Revolver |
|
11/8/2029 |
|
|
1,036,629 |
|
|
|
(18,141 |
) |
|
|
1,036,629 |
|
|
|
(7,775 |
) |
EET Buyer, Inc. |
|
Delayed Draw Term Loan |
|
6/23/2028 |
|
|
1,247,125 |
|
|
|
(12,471 |
) |
|
|
- |
|
|
|
- |
|
Einstein Parent, Inc. |
|
Revolver |
|
1/22/2031 |
|
|
1,066,183 |
|
|
|
(29,320 |
) |
|
|
1,066,183 |
|
|
|
(23,989 |
) |
Engage2Excel, Inc. |
|
Revolver |
|
7/2/2029 |
|
|
184,278 |
|
|
|
(2,764 |
) |
|
|
184,278 |
|
|
|
(1,382 |
) |
Exterro, Inc. |
|
Revolver |
|
6/1/2027 |
|
|
1,107,844 |
|
|
|
(22,157 |
) |
|
|
1,107,844 |
|
|
|
- |
|
Exterro, Inc. |
|
Delayed Draw Term Loan |
|
9/10/2026 |
|
|
1,408,670 |
|
|
|
(21,130 |
) |
|
|
1,408,670 |
|
|
|
- |
|
Firebird Midco, Inc |
|
Revolver |
|
7/18/2030 |
|
|
921,390 |
|
|
|
(13,821 |
) |
|
|
1,228,520 |
|
|
|
(15,356 |
) |
FirstEnroll LLC |
|
Revolver |
|
9/19/2031 |
|
|
726,695 |
|
|
|
(14,534 |
) |
|
|
726,695 |
|
|
|
(7,267 |
) |
Foundation Risk Partners, Corp. |
|
Revolver |
|
10/29/2029 |
|
|
681,228 |
|
|
|
(1,703 |
) |
|
|
778,547 |
|
|
|
- |
|
Fullsteam Operations, LLC |
|
Delayed Draw Term Loan |
|
8/6/2027 |
|
|
3,339,004 |
|
|
|
(58,433 |
) |
|
|
3,339,004 |
|
|
|
(16,695 |
) |
Fullsteam Operations, LLC |
|
Revolver |
|
8/8/2031 |
|
|
751,276 |
|
|
|
(16,904 |
) |
|
|
1,113,001 |
|
|
|
(8,348 |
) |
Fusion Holding, Corp. |
|
Revolver |
|
9/15/2028 |
|
|
999,915 |
|
|
|
(74,994 |
) |
|
|
620,637 |
|
|
|
(26,377 |
) |
Galway Borrower LLC |
|
Revolver |
|
9/29/2028 |
|
|
- |
|
|
|
- |
|
|
|
366,401 |
|
|
|
(916 |
) |
Galway Borrower LLC |
|
Delayed Draw Term Loan |
|
2/6/2026 |
|
|
- |
|
|
|
- |
|
|
|
1,095,753 |
|
|
|
- |
|
GH Parent Holdings Inc. |
|
Delayed Draw Term Loan |
|
4/23/2027 |
|
|
420,986 |
|
|
|
(6,315 |
) |
|
|
1,323,099 |
|
|
|
(6,615 |
) |
Greenhouse Software, Inc. |
|
Revolver |
|
9/1/2028 |
|
|
604,499 |
|
|
|
(7,556 |
) |
|
|
604,499 |
|
|
|
- |
|
Greenhouse Software, Inc. |
|
Revolver |
|
9/1/2028 |
|
|
1,232,251 |
|
|
|
(15,403 |
) |
|
|
1,232,251 |
|
|
|
- |
|
Greenlight Intermediate II, Inc. |
|
Delayed Draw Term Loan |
|
7/2/2027 |
|
|
3,556,317 |
|
|
|
- |
|
|
|
5,752,865 |
|
|
|
(28,764 |
) |
GS AcquisitionCo, Inc. |
|
Revolver |
|
5/25/2028 |
|
|
504 |
|
|
|
(32 |
) |
|
|
441,259 |
|
|
|
(3,309 |
) |
GS AcquisitionCo, Inc. |
|
Delayed Draw Term Loan |
|
3/26/2026 |
|
|
- |
|
|
|
- |
|
|
|
201,810 |
|
|
|
- |
|
Heartland PPC Buyer LLC |
|
Revolver |
|
12/12/2029 |
|
|
882,287 |
|
|
|
(11,029 |
) |
|
|
1,389,132 |
|
|
|
(13,891 |
) |
Heartland PPC Buyer LLC |
|
Delayed Draw Term Loan |
|
11/12/2027 |
|
|
1,932,086 |
|
|
|
(14,491 |
) |
|
|
1,932,086 |
|
|
|
(9,660 |
) |
HireVue, Inc. |
|
Delayed Draw Term Loan |
|
1/29/2027 |
|
|
1,382,168 |
|
|
|
(141,672 |
) |
|
|
- |
|
|
|
- |
|
HITRUST Services, LLC |
|
Revolver |
|
3/14/2031 |
|
|
2,419,131 |
|
|
|
(12,096 |
) |
|
|
2,419,131 |
|
|
|
(24,191 |
) |
Honor HN Buyer, Inc. |
|
Delayed Draw Term Loan |
|
5/18/2026 |
|
|
- |
|
|
|
- |
|
|
|
2,330,767 |
|
|
|
- |
|
Honor HN Buyer, Inc. |
|
Delayed Draw Term Loan |
|
10/15/2026 |
|
|
2,869,775 |
|
|
|
- |
|
|
|
3,638,803 |
|
|
|
- |
|
Honor HN Buyer, Inc. |
|
Revolver |
|
10/15/2027 |
|
|
304,093 |
|
|
|
- |
|
|
|
266,081 |
|
|
|
- |
|
Hunter Communications & Technologies LLC |
|
Delayed Draw Term Loan |
|
3/31/2028 |
|
|
2,754,381 |
|
|
|
(13,772 |
) |
|
|
- |
|
|
|
- |
|
Hunter Communications & Technologies LLC |
|
Revolver |
|
3/31/2032 |
|
|
640,554 |
|
|
|
(6,406 |
) |
|
|
- |
|
|
|
- |
|
Hyscaleix Data Centers Holdings LLC |
|
Revolver |
|
1/29/2031 |
|
|
805,233 |
|
|
|
(10,065 |
) |
|
|
- |
|
|
|
- |
|
Joink, LLC |
|
Revolver |
|
10/4/2030 |
|
|
- |
|
|
|
- |
|
|
|
727,761 |
|
|
|
(5,458 |
) |
Joink, LLC |
|
Delayed Draw Term Loan |
|
4/2/2027 |
|
|
1,637,461 |
|
|
|
(28,656 |
) |
|
|
3,820,743 |
|
|
|
(19,104 |
) |
JS Parent, Inc. |
|
Revolver |
|
4/24/2031 |
|
|
528,354 |
|
|
|
(1,321 |
) |
|
|
528,354 |
|
|
|
- |
|
Juniper Square, Inc. |
|
Revolver |
|
11/6/2031 |
|
|
1,203,557 |
|
|
|
(6,018 |
) |
|
|
1,203,557 |
|
|
|
(12,036 |
) |
Juniper Square, Inc. |
|
Delayed Draw Term Loan |
|
11/8/2027 |
|
|
4,212,448 |
|
|
|
- |
|
|
|
5,416,005 |
|
|
|
(27,080 |
) |
Juniper Square, Inc. |
|
Delayed Draw Term Loan |
|
11/6/2028 |
|
|
3,305,507 |
|
|
|
- |
|
|
|
3,610,670 |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6/30/2026 |
|
|
12/31/2025 |
|
Investment Type |
|
Facility Type |
|
Commitment
Expiration
Date (1) |
|
Unfunded
Commitment (2) |
|
|
Fair Value (3) |
|
|
Unfunded
Commitment (2) |
|
|
Fair Value (3) |
|
Kalkomey Borrower, LLC |
|
Delayed Draw Term Loan |
|
6/18/2026 |
|
|
- |
|
|
|
- |
|
|
|
1,830,937 |
|
|
|
(9,155 |
) |
Kalkomey Borrower, LLC |
|
Revolver |
|
6/18/2031 |
|
|
1,464,749 |
|
|
|
(14,647 |
) |
|
|
1,464,749 |
|
|
|
(14,647 |
) |
KPA Parent Holdings, Inc |
|
Delayed Draw Term Loan |
|
3/15/2027 |
|
|
1,368,942 |
|
|
|
(10,267 |
) |
|
|
1,480,258 |
|
|
|
- |
|
KPA Parent Holdings, Inc |
|
Revolver |
|
3/12/2032 |
|
|
1,036,180 |
|
|
|
(12,952 |
) |
|
|
1,036,180 |
|
|
|
- |
|
Labvantage Solutions Inc. |
|
Revolver |
|
11/23/2030 |
|
|
1,522,509 |
|
|
|
(3,806 |
) |
|
|
1,522,509 |
|
|
|
(11,419 |
) |
Last Dance Intermediate I(c), LLC |
|
Delayed Draw Term Loan |
|
6/30/2027 |
|
|
- |
|
|
|
- |
|
|
|
4,861,503 |
|
|
|
- |
|
Last Dance Intermediate I(c), LLC |
|
Revolver |
|
3/31/2031 |
|
|
1,720,521 |
|
|
|
- |
|
|
|
1,720,521 |
|
|
|
(4,301 |
) |
Last Dance Intermediate I(c), LLC |
|
Delayed Draw Term Loan |
|
1/31/2028 |
|
|
2,822,819 |
|
|
|
(28,228 |
) |
|
|
- |
|
|
|
- |
|
LeadVenture, Inc. |
|
Delayed Draw Term Loan |
|
6/23/2027 |
|
|
1,891,568 |
|
|
|
(61,476 |
) |
|
|
2,465,662 |
|
|
|
- |
|
LeadVenture, Inc. |
|
Revolver |
|
6/23/2032 |
|
|
1,743,073 |
|
|
|
(61,008 |
) |
|
|
1,472,037 |
|
|
|
- |
|
Level Data, LLC |
|
Delayed Draw Term Loan |
|
3/5/2027 |
|
|
2,404,526 |
|
|
|
(48,091 |
) |
|
|
2,404,526 |
|
|
|
(12,023 |
) |
Level Data, LLC |
|
Revolver |
|
3/5/2031 |
|
|
300,566 |
|
|
|
(7,514 |
) |
|
|
420,792 |
|
|
|
(4,208 |
) |
Lightspeed Buyer, Inc. |
|
Delayed Draw Term Loan |
|
2/7/2028 |
|
|
5,802,283 |
|
|
|
(29,011 |
) |
|
|
- |
|
|
|
- |
|
Lightspeed Buyer, Inc. |
|
Revolver |
|
2/6/2032 |
|
|
1,315,184 |
|
|
|
(13,152 |
) |
|
|
- |
|
|
|
- |
|
LivTech Purchaser, Inc. |
|
Delayed Draw Term Loan |
|
11/23/2026 |
|
|
- |
|
|
|
- |
|
|
|
1,567,473 |
|
|
|
(11,756 |
) |
LivTech Purchaser, Inc. |
|
Revolver |
|
11/24/2031 |
|
|
1,999,327 |
|
|
|
(49,983 |
) |
|
|
1,999,327 |
|
|
|
(14,995 |
) |
Lotus HPI Buyer, Inc |
|
Delayed Draw Term Loan |
|
1/19/2026 |
|
|
- |
|
|
|
- |
|
|
|
3,767,841 |
|
|
|
(395,623 |
) |
Lotus HPI Buyer, Inc |
|
Revolver |
|
1/21/2030 |
|
|
1,004,758 |
|
|
|
(135,642 |
) |
|
|
- |
|
|
|
- |
|
Magaya Corporation |
|
Delayed Draw Term Loan |
|
7/24/2026 |
|
|
2,314,841 |
|
|
|
(52,084 |
) |
|
|
2,314,841 |
|
|
|
(34,723 |
) |
Magaya Corporation |
|
Revolver |
|
7/26/2030 |
|
|
159,708 |
|
|
|
(4,392 |
) |
|
|
245,704 |
|
|
|
(4,914 |
) |
Mastery Acquisition Corp. |
|
Revolver |
|
9/7/2029 |
|
|
851,781 |
|
|
|
- |
|
|
|
851,781 |
|
|
|
- |
|
Mastery Acquisition Corp. |
|
Delayed Draw Term Loan |
|
4/30/2026 |
|
|
- |
|
|
|
- |
|
|
|
802,394 |
|
|
|
- |
|
Mavenlink, Inc. |
|
Revolver |
|
6/1/2029 |
|
|
715,926 |
|
|
|
(23,268 |
) |
|
|
715,926 |
|
|
|
(17,898 |
) |
MBS Holdings, Inc. |
|
Revolver |
|
4/16/2027 |
|
|
779,335 |
|
|
|
- |
|
|
|
974,169 |
|
|
|
(2,435 |
) |
MedBridge Holdings, LLC |
|
Revolver |
|
12/23/2026 |
|
|
1,376,227 |
|
|
|
- |
|
|
|
1,376,227 |
|
|
|
- |
|
MediaLab Solutions, LLC |
|
Revolver |
|
8/11/2031 |
|
|
- |
|
|
|
- |
|
|
|
769,796 |
|
|
|
(7,698 |
) |
Medical Management Resource Group, L.L.C. |
|
Revolver |
|
9/30/2026 |
|
|
291,102 |
|
|
|
(728 |
) |
|
|
189,849 |
|
|
|
(1,898 |
) |
Medsuite Purchaser, LLC (FKA Millin Purchaser, LLC) |
|
Revolver |
|
10/22/2026 |
|
|
680,400 |
|
|
|
(1,701 |
) |
|
|
680,400 |
|
|
|
(1,701 |
) |
Mist Holding Co. |
|
Revolver |
|
12/23/2030 |
|
|
904,795 |
|
|
|
(2,262 |
) |
|
|
904,795 |
|
|
|
- |
|
Mist Holding Co. |
|
Delayed Draw Term Loan |
|
8/12/2028 |
|
|
2,547,120 |
|
|
|
- |
|
|
|
2,547,120 |
|
|
|
- |
|
MMP Intermediate, LLC |
|
Revolver |
|
2/15/2029 |
|
|
552,880 |
|
|
|
- |
|
|
|
552,880 |
|
|
|
- |
|
Momentus Technologies, LLC |
|
Revolver |
|
4/30/2029 |
|
|
229,387 |
|
|
|
(3,441 |
) |
|
|
229,387 |
|
|
|
- |
|
Moon Buyer, Inc. |
|
Revolver |
|
4/21/2031 |
|
|
1,779,259 |
|
|
|
- |
|
|
|
1,779,259 |
|
|
|
- |
|
Mr. Greens Intermediate, LLC |
|
Delayed Draw Term Loan |
|
8/2/2027 |
|
|
1,230,919 |
|
|
|
- |
|
|
|
2,083,094 |
|
|
|
- |
|
Mr. Greens Intermediate, LLC |
|
Revolver |
|
5/1/2031 |
|
|
1,342,616 |
|
|
|
- |
|
|
|
805,570 |
|
|
|
- |
|
Mr. Greens Intermediate, LLC |
|
Delayed Draw Term Loan |
|
8/2/2027 |
|
|
675,992 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6/30/2026 |
|
|
12/31/2025 |
|
Investment Type |
|
Facility Type |
|
Commitment
Expiration
Date (1) |
|
Unfunded
Commitment (2) |
|
|
Fair Value (3) |
|
|
Unfunded
Commitment (2) |
|
|
Fair Value (3) |
|
MSP Global Holdings, Inc. |
|
Delayed Draw Term Loan |
|
4/8/2026 |
|
|
- |
|
|
|
- |
|
|
|
1,211,850 |
|
|
|
(18,178 |
) |
MSP Global Holdings, Inc. |
|
Revolver |
|
4/9/2029 |
|
|
1,331,300 |
|
|
|
(36,611 |
) |
|
|
1,212,693 |
|
|
|
(18,190 |
) |
MyKaarma Acquisition LLC |
|
Revolver |
|
12/24/2030 |
|
|
1,188,307 |
|
|
|
(8,912 |
) |
|
|
1,188,307 |
|
|
|
- |
|
Nasuni Corporation |
|
Revolver |
|
9/10/2030 |
|
|
2,619,806 |
|
|
|
(13,099 |
) |
|
|
2,619,806 |
|
|
|
(32,748 |
) |
Navigate360, LLC |
|
Revolver |
|
3/17/2028 |
|
|
604,235 |
|
|
|
(24,169 |
) |
|
|
604,235 |
|
|
|
(3,021 |
) |
NC Topco, LLC |
|
Revolver |
|
9/1/2031 |
|
|
1,291,959 |
|
|
|
- |
|
|
|
1,291,959 |
|
|
|
- |
|
NC Topco, LLC |
|
Delayed Draw Term Loan |
|
8/31/2026 |
|
|
- |
|
|
|
- |
|
|
|
3,229,897 |
|
|
|
- |
|
Netwrix Corporation |
|
Revolver |
|
6/11/2029 |
|
|
774,755 |
|
|
|
(32,927 |
) |
|
|
774,755 |
|
|
|
(1,937 |
) |
Netwrix Corporation |
|
Delayed Draw Term Loan |
|
12/16/2026 |
|
|
735,566 |
|
|
|
(27,584 |
) |
|
|
735,566 |
|
|
|
- |
|
Next Holdco, LLC |
|
Revolver |
|
11/9/2029 |
|
|
893,559 |
|
|
|
(20,105 |
) |
|
|
893,559 |
|
|
|
(15,637 |
) |
OPOC Acquisition, LLC |
|
Revolver |
|
12/20/2030 |
|
|
605,987 |
|
|
|
- |
|
|
|
605,987 |
|
|
|
(6,060 |
) |
OPOC Acquisition, LLC |
|
Delayed Draw Term Loan |
|
12/21/2026 |
|
|
1,193,795 |
|
|
|
- |
|
|
|
1,333,172 |
|
|
|
(3,333 |
) |
Pace Health Companies, LLC |
|
Revolver |
|
8/2/2027 |
|
|
616,682 |
|
|
|
- |
|
|
|
616,682 |
|
|
|
- |
|
Pace Health Companies, LLC |
|
Delayed Draw Term Loan |
|
6/2/2027 |
|
|
888,879 |
|
|
|
- |
|
|
|
888,879 |
|
|
|
- |
|
Pace Health Companies, LLC |
|
Delayed Draw Term Loan |
|
6/2/2027 |
|
|
1,708,092 |
|
|
|
- |
|
|
|
1,708,092 |
|
|
|
- |
|
Pamlico Avant Holdings, L.P. |
|
Revolver |
|
12/31/2032 |
|
|
2,209,241 |
|
|
|
(16,569 |
) |
|
|
1,988,317 |
|
|
|
(19,883 |
) |
Patriot Acquireco L.L.C. |
|
Revolver |
|
9/3/2032 |
|
|
1,093,706 |
|
|
|
(10,937 |
) |
|
|
1,020,792 |
|
|
|
(10,208 |
) |
PDI TA Holdings, Inc |
|
Revolver |
|
2/3/2031 |
|
|
- |
|
|
|
- |
|
|
|
251,620 |
|
|
|
(3,774 |
) |
Penn TRGRP Holdings LLC |
|
Revolver |
|
9/27/2030 |
|
|
316,303 |
|
|
|
(18,187 |
) |
|
|
474,455 |
|
|
|
(21,350 |
) |
Penn TRGRP Holdings LLC |
|
Delayed Draw Term Loan |
|
9/27/2030 |
|
|
250,064 |
|
|
|
(14,379 |
) |
|
|
488,766 |
|
|
|
(21,994 |
) |
Pharmalogic Holdings Corp |
|
Delayed Draw Term Loan |
|
12/31/2026 |
|
|
2,080,383 |
|
|
|
(5,201 |
) |
|
|
5,547,689 |
|
|
|
- |
|
Pieper Memorial, LLC |
|
Delayed Draw Term Loan |
|
11/4/2027 |
|
|
458,852 |
|
|
|
(2,294 |
) |
|
|
458,852 |
|
|
|
- |
|
Pieper Memorial, LLC |
|
Delayed Draw Term Loan |
|
11/4/2027 |
|
|
9,251,733 |
|
|
|
- |
|
|
|
9,251,740 |
|
|
|
- |
|
Pieper Memorial, LLC |
|
Revolver |
|
11/2/2028 |
|
|
986,852 |
|
|
|
(4,934 |
) |
|
|
986,852 |
|
|
|
- |
|
Pinnacle Treatment Centers, Inc. |
|
Revolver |
|
1/4/2027 |
|
|
369,074 |
|
|
|
(19,376 |
) |
|
|
404,224 |
|
|
|
(9,095 |
) |
Point Quest Group, Inc |
|
Delayed Draw Term Loan |
|
11/15/2027 |
|
|
2,268,077 |
|
|
|
(5,670 |
) |
|
|
2,612,992 |
|
|
|
(13,065 |
) |
Point Quest Group, Inc |
|
Revolver |
|
11/13/2031 |
|
|
1,567,795 |
|
|
|
(15,678 |
) |
|
|
1,567,795 |
|
|
|
(15,678 |
) |
Priority OnDemand Midco 2, L.P. |
|
Delayed Draw Term Loan |
|
7/15/2026 |
|
|
1,920,795 |
|
|
|
- |
|
|
|
2,541,108 |
|
|
|
- |
|
QualDerm Partners, LLC |
|
Revolver |
|
12/8/2028 |
|
|
161,309 |
|
|
|
(2,016 |
) |
|
|
422,475 |
|
|
|
(5,281 |
) |
Quest Analytics Inc. |
|
Delayed Draw Term Loan |
|
11/10/2027 |
|
|
6,890,797 |
|
|
|
(68,908 |
) |
|
|
6,890,797 |
|
|
|
(17,227 |
) |
Quest Analytics Inc. |
|
Revolver |
|
11/10/2032 |
|
|
2,756,319 |
|
|
|
(34,454 |
) |
|
|
2,756,319 |
|
|
|
(13,782 |
) |
Quirch Foods Holdings, LLC |
|
Delayed Draw Term Loan |
|
11/12/2027 |
|
|
1,035,511 |
|
|
|
(5,178 |
) |
|
|
1,035,511 |
|
|
|
(5,178 |
) |
Race Finco, LLC |
|
Revolver |
|
8/16/2029 |
|
|
609,798 |
|
|
|
(10,671 |
) |
|
|
609,798 |
|
|
|
(12,196 |
) |
Race Finco, LLC |
|
Delayed Draw Term Loan |
|
8/17/2026 |
|
|
4,564,563 |
|
|
|
(57,057 |
) |
|
|
7,853,011 |
|
|
|
(78,530 |
) |
Ranger Buyer, Inc. |
|
Revolver |
|
11/18/2027 |
|
|
1,199,233 |
|
|
|
(2,998 |
) |
|
|
1,199,233 |
|
|
|
- |
|
Redwood Family Care Network, Inc. |
|
Revolver |
|
6/19/2028 |
|
|
588,705 |
|
|
|
- |
|
|
|
588,705 |
|
|
|
- |
|
REP TEC Intermediate Holdings, Inc. |
|
Revolver |
|
5/30/2031 |
|
|
2,451,325 |
|
|
|
(18,385 |
) |
|
|
2,451,325 |
|
|
|
(6,128 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6/30/2026 |
|
|
12/31/2025 |
|
Investment Type |
|
Facility Type |
|
Commitment
Expiration
Date (1) |
|
Unfunded
Commitment (2) |
|
|
Fair Value (3) |
|
|
Unfunded
Commitment (2) |
|
|
Fair Value (3) |
|
RevauAdvanced Underwriting Inc. |
|
Delayed Draw Term Loan |
|
5/7/2027 |
|
|
3,594,544 |
|
|
|
(89,864 |
) |
|
|
4,144,298 |
|
|
|
(20,721 |
) |
Ridge Trail US Bidco, Inc. |
|
Delayed Draw Term Loan |
|
3/30/2027 |
|
|
1,917,450 |
|
|
|
- |
|
|
|
2,227,866 |
|
|
|
- |
|
Ridge Trail US Bidco, Inc. |
|
Revolver |
|
3/30/2031 |
|
|
742,622 |
|
|
|
- |
|
|
|
542,114 |
|
|
|
- |
|
Saab Purchaser, Inc. |
|
Revolver |
|
11/12/2031 |
|
|
2,699,315 |
|
|
|
(67,483 |
) |
|
|
2,699,315 |
|
|
|
- |
|
Saab Purchaser, Inc. |
|
Delayed Draw Term Loan |
|
9/22/2027 |
|
|
887,146 |
|
|
|
(17,743 |
) |
|
|
887,146 |
|
|
|
- |
|
Sako and Partners Lower Holdings LLC |
|
Revolver |
|
9/15/2028 |
|
|
1,829,730 |
|
|
|
- |
|
|
|
1,354,000 |
|
|
|
- |
|
Salisbury House, LLC |
|
Delayed Draw Term Loan |
|
8/18/2027 |
|
|
2,365,604 |
|
|
|
- |
|
|
|
3,112,637 |
|
|
|
- |
|
Salisbury House, LLC |
|
Revolver |
|
8/18/2032 |
|
|
2,075,092 |
|
|
|
- |
|
|
|
1,763,828 |
|
|
|
(17,638 |
) |
Sandstone Care Holdings, LLC |
|
Delayed Draw Term Loan |
|
7/1/2026 |
|
|
- |
|
|
|
- |
|
|
|
156,340 |
|
|
|
- |
|
Sandstone Care Holdings, LLC |
|
Revolver |
|
6/28/2028 |
|
|
1,177,845 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Sapphire Software Buyer, Inc. |
|
Revolver |
|
9/30/2031 |
|
|
1,723,759 |
|
|
|
(99,116 |
) |
|
|
1,723,759 |
|
|
|
(12,928 |
) |
Sauce Labs Inc |
|
Revolver |
|
8/16/2027 |
|
|
705,002 |
|
|
|
(22,913 |
) |
|
|
1,281,821 |
|
|
|
(35,250 |
) |
Saviynt, Inc. |
|
Revolver |
|
2/18/2030 |
|
|
609,798 |
|
|
|
- |
|
|
|
609,798 |
|
|
|
- |
|
SDC Atlas Acquistionco, LLC |
|
Delayed Draw Term Loan |
|
8/20/2027 |
|
|
7,475,854 |
|
|
|
(130,827 |
) |
|
|
7,475,854 |
|
|
|
(130,827 |
) |
Second Nature Brands, Inc. |
|
Revolver |
|
2/6/2031 |
|
|
608,642 |
|
|
|
(9,130 |
) |
|
|
608,642 |
|
|
|
(4,565 |
) |
Securonix, Inc |
|
Revolver |
|
4/5/2029 |
|
|
1,025,558 |
|
|
|
(251,262 |
) |
|
|
1,538,337 |
|
|
|
(323,051 |
) |
Serrano Parent, LLC |
|
Revolver |
|
5/13/2030 |
|
|
1,585,346 |
|
|
|
(110,974 |
) |
|
|
2,085,981 |
|
|
|
(93,869 |
) |
Single Digits, Inc. |
|
Revolver |
|
9/30/2026 |
|
|
416,149 |
|
|
|
- |
|
|
|
416,149 |
|
|
|
- |
|
Slipstream IT, LLC |
|
Delayed Draw Term Loan |
|
8/2/2027 |
|
|
1,132,053 |
|
|
|
- |
|
|
|
1,132,053 |
|
|
|
(5,660 |
) |
Slipstream IT, LLC |
|
Revolver |
|
8/1/2031 |
|
|
1,132,053 |
|
|
|
- |
|
|
|
1,132,053 |
|
|
|
(11,321 |
) |
Smile Brands, Inc. |
|
Revolver |
|
7/12/2029 |
|
|
141,306 |
|
|
|
(28,261 |
) |
|
|
16,215 |
|
|
|
(1,662 |
) |
Soar Buyer, Inc. |
|
Delayed Draw Term Loan |
|
5/19/2028 |
|
|
8,775,448 |
|
|
|
(65,816 |
) |
|
|
- |
|
|
|
- |
|
Soar Buyer, Inc. |
|
Revolver |
|
5/20/2032 |
|
|
1,755,090 |
|
|
|
(26,326 |
) |
|
|
- |
|
|
|
- |
|
Soladoc, LLC |
|
Revolver |
|
6/12/2028 |
|
|
353,354 |
|
|
|
(9,717 |
) |
|
|
588,923 |
|
|
|
(11,778 |
) |
Stratus Networks, Inc. |
|
Revolver |
|
12/15/2028 |
|
|
990,098 |
|
|
|
(4,950 |
) |
|
|
990,098 |
|
|
|
(2,475 |
) |
Stratus Networks, Inc. |
|
Delayed Draw Term Loan |
|
12/23/2026 |
|
|
2,555,790 |
|
|
|
- |
|
|
|
3,003,053 |
|
|
|
- |
|
SugarCrm, Inc. |
|
Revolver |
|
7/30/2027 |
|
|
310,244 |
|
|
|
(3,102 |
) |
|
|
310,244 |
|
|
|
(1,551 |
) |
Sundance Group Holdings, Inc. |
|
Revolver |
|
7/2/2029 |
|
|
2,928,297 |
|
|
|
(7,321 |
) |
|
|
2,197,666 |
|
|
|
(5,494 |
) |
Tau Buyer, LLC |
|
Delayed Draw Term Loan |
|
2/1/2027 |
|
|
- |
|
|
|
- |
|
|
|
1,837,594 |
|
|
|
- |
|
Tau Buyer, LLC |
|
Revolver |
|
2/2/2032 |
|
|
1,243,078 |
|
|
|
(111,877 |
) |
|
|
1,702,477 |
|
|
|
(4,256 |
) |
Telcor Buyer, Inc. |
|
Revolver |
|
8/20/2027 |
|
|
- |
|
|
|
- |
|
|
|
290,770 |
|
|
|
- |
|
Telesoft Holdings, LLC |
|
Revolver |
|
5/31/2027 |
|
|
487,441 |
|
|
|
(2,437 |
) |
|
|
507,336 |
|
|
|
(1,268 |
) |
The Center for Orthopedic and Research Excellence, Inc. |
|
Revolver |
|
6/30/2028 |
|
|
69,053 |
|
|
|
- |
|
|
|
362,529 |
|
|
|
- |
|
TMA Buyer LLC |
|
Delayed Draw Term Loan |
|
4/30/2027 |
|
|
936,394 |
|
|
|
(4,682 |
) |
|
|
936,394 |
|
|
|
- |
|
TMA Buyer LLC |
|
Revolver |
|
4/30/2031 |
|
|
1,208,250 |
|
|
|
(18,124 |
) |
|
|
1,208,250 |
|
|
|
(12,082 |
) |
ToolWatch Intermediate, LLC |
|
Revolver |
|
7/31/2030 |
|
|
1,228,520 |
|
|
|
(15,356 |
) |
|
|
1,228,520 |
|
|
|
(6,143 |
) |
Towerco IV Holdings, LLC |
|
Delayed Draw Term Loan |
|
9/23/2028 |
|
|
1,289,903 |
|
|
|
- |
|
|
|
2,277,098 |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6/30/2026 |
|
|
12/31/2025 |
|
Investment Type |
|
Facility Type |
|
Commitment
Expiration
Date (1) |
|
Unfunded
Commitment (2) |
|
|
Fair Value (3) |
|
|
Unfunded
Commitment (2) |
|
|
Fair Value (3) |
|
UFS, LLC |
|
Revolver |
|
10/10/2031 |
|
|
698,691 |
|
|
|
(8,734 |
) |
|
|
524,018 |
|
|
|
(5,240 |
) |
Unanet, Inc |
|
Delayed Draw Term Loan |
|
12/9/2026 |
|
|
1,086,591 |
|
|
|
(16,299 |
) |
|
|
1,086,591 |
|
|
|
(10,866 |
) |
Unanet, Inc |
|
Revolver |
|
12/9/2030 |
|
|
2,063,584 |
|
|
|
(36,113 |
) |
|
|
2,063,584 |
|
|
|
(30,954 |
) |
Unanet, Inc |
|
Delayed Draw Term Loan |
|
12/9/2026 |
|
|
539,918 |
|
|
|
(6,749 |
) |
|
|
539,918 |
|
|
|
(5,399 |
) |
Unlimited Technology Holdings, LLC |
|
Revolver |
|
3/12/2032 |
|
|
1,925,180 |
|
|
|
(38,504 |
) |
|
|
1,925,180 |
|
|
|
- |
|
UpStack Holdco Inc. |
|
Revolver |
|
8/25/2031 |
|
|
576,999 |
|
|
|
(4,327 |
) |
|
|
692,399 |
|
|
|
- |
|
UpStack Holdco Inc. |
|
Delayed Draw Term Loan |
|
8/24/2026 |
|
|
1,463,270 |
|
|
|
(7,316 |
) |
|
|
1,463,270 |
|
|
|
- |
|
Vectra AI, Inc. |
|
Revolver |
|
3/2/2028 |
|
|
1,200,106 |
|
|
|
(18,002 |
) |
|
|
1,200,106 |
|
|
|
(12,001 |
) |
Vectra AI, Inc. |
|
Delayed Draw Term Loan |
|
10/29/2026 |
|
|
2,418,368 |
|
|
|
(36,276 |
) |
|
|
2,418,368 |
|
|
|
(24,184 |
) |
Vehlo Purchaser, LLC |
|
Revolver |
|
5/24/2028 |
|
|
1,523,664 |
|
|
|
(15,237 |
) |
|
|
1,523,664 |
|
|
|
- |
|
Venture Buyer LLC |
|
Revolver |
|
3/1/2030 |
|
|
680,954 |
|
|
|
(1,702 |
) |
|
|
756,615 |
|
|
|
(5,675 |
) |
Venture Buyer LLC |
|
Delayed Draw Term Loan |
|
3/1/2027 |
|
|
832,277 |
|
|
|
(2,081 |
) |
|
|
832,277 |
|
|
|
- |
|
Veracross LLC |
|
Delayed Draw Term Loan |
|
12/28/2027 |
|
|
1,335,591 |
|
|
|
(13,356 |
) |
|
|
1,772,559 |
|
|
|
- |
|
Veracross LLC |
|
Revolver |
|
12/28/2027 |
|
|
346,767 |
|
|
|
(3,468 |
) |
|
|
1,387,067 |
|
|
|
- |
|
Vhagar Purchaser, LLC |
|
Revolver |
|
6/11/2029 |
|
|
373,356 |
|
|
|
(5,600 |
) |
|
|
373,356 |
|
|
|
(1,867 |
) |
Vhagar Purchaser, LLC |
|
Delayed Draw Term Loan |
|
6/5/2027 |
|
|
936,687 |
|
|
|
- |
|
|
|
936,687 |
|
|
|
- |
|
Visionary Buyer, LLC |
|
Revolver |
|
3/21/2030 |
|
|
1,413,418 |
|
|
|
(10,601 |
) |
|
|
1,413,418 |
|
|
|
(7,067 |
) |
Visionary Buyer, LLC |
|
Delayed Draw Term Loan |
|
3/31/2027 |
|
|
3,224,946 |
|
|
|
(8,062 |
) |
|
|
7,359,493 |
|
|
|
- |
|
Waldo Buyer, LLC |
|
Delayed Draw Term Loan |
|
4/3/2028 |
|
|
3,251,250 |
|
|
|
(16,256 |
) |
|
|
- |
|
|
|
- |
|
Waldo Buyer, LLC |
|
Revolver |
|
4/1/2033 |
|
|
1,950,750 |
|
|
|
(19,507 |
) |
|
|
- |
|
|
|
- |
|
Wealth Enhancement Group, LLC |
|
Delayed Draw Term Loan |
|
12/30/2026 |
|
|
250,893 |
|
|
|
- |
|
|
|
1,039,688 |
|
|
|
- |
|
Wealth Enhancement Group, LLC |
|
Delayed Draw Term Loan |
|
8/30/2027 |
|
|
624,893 |
|
|
|
- |
|
|
|
624,893 |
|
|
|
- |
|
Wealth Enhancement Group, LLC |
|
Revolver |
|
10/2/2028 |
|
|
623,162 |
|
|
|
- |
|
|
|
623,162 |
|
|
|
- |
|
Wolverine Seller Holdings, LLC |
|
Revolver |
|
1/17/2030 |
|
|
1,425,401 |
|
|
|
(7,127 |
) |
|
|
1,609,949 |
|
|
|
(4,025 |
) |
Wolverine Seller Holdings, LLC |
|
Delayed Draw Term Loan |
|
10/1/2027 |
|
|
3,788,278 |
|
|
|
(9,471 |
) |
|
|
5,298,794 |
|
|
|
- |
|
Your Part-Time Controller, LLC |
|
Revolver |
|
11/14/2029 |
|
|
960,980 |
|
|
|
- |
|
|
|
960,980 |
|
|
|
(4,805 |
) |
Zendesk, Inc. |
|
Revolver |
|
11/22/2028 |
|
|
1,372,628 |
|
|
|
(10,295 |
) |
|
|
1,372,628 |
|
|
|
- |
|
Zendesk, Inc. |
|
Delayed Draw Term Loan |
|
5/15/2026 |
|
|
- |
|
|
|
- |
|
|
|
1,143,721 |
|
|
|
- |
|
|
|
|
|
|
|
$ |
318,602,991 |
|
|
$ |
(4,042,805 |
) |
|
$ |
326,912,123 |
|
|
$ |
(2,235,796 |
) |
(1)Commitments are generally subject to borrowers meeting certain criteria such as compliance with covenants and certain operational metrics. These amounts may remain outstanding until the commitment period of an applicable loan expires, which may be shorter than its maturity. (2)Net of capitalized fees, expenses and original issue discount (“OID”). (3)A negative fair value was reflected as investments, at fair value in the consolidated statements of assets and liabilities. The negative fair value is the result of the capitalized discount on the loan. The Fund had the following unfunded commitment for its equity investments, including investment companies, as of June 30, 2026 and December 31, 2025:
|
|
|
|
|
|
|
|
|
|
|
6/30/2026 |
|
|
12/31/2025 |
|
Investment |
|
Unfunded Commitment |
|
|
Unfunded Commitment |
|
AB Equity Investors L.P. |
|
$ |
553,649 |
|
|
$ |
784,521 |
|
CN Co-Invest, LP |
|
|
35,238 |
|
|
|
35,238 |
|
Community Based Care Holdings, LP |
|
|
59,890 |
|
|
|
59,890 |
|
Falcon Co-Investment Partners, L.P. |
|
|
264,391 |
|
|
|
271,997 |
|
GHP SPV-2, L.P. |
|
|
34,208 |
|
|
|
34,208 |
|
GTCR A-1 Investors LP |
|
|
110,000 |
|
|
|
220,000 |
|
Orangewood WWB Co-Invest, L.P. |
|
|
25,668 |
|
|
|
25,668 |
|
QCS Co-Invest Aggregator, L.P. |
|
|
105,823 |
|
|
|
105,823 |
|
REP Coinvest III OMNI, L.P. |
|
|
13,325 |
|
|
|
13,325 |
|
REP RO Coinvest IV-A, L.P. |
|
|
1,661 |
|
|
|
1,661 |
|
Total |
|
$ |
1,203,853 |
|
|
$ |
1,552,331 |
|
Contingencies In the normal course of business, the Fund enters into contracts that provide a variety of general indemnifications. Any exposure to the Fund under these arrangements could involve future claims that may be made against the Fund. Currently, no such claims exist or are expected to arise and, accordingly, the Fund has not accrued any liability in connection with such indemnifications.
|