MidCap Financial Investment Corp

For the period ended Dec 31, 2024. Filed Feb 25, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 25, 2025

MFIC$10.36+0.9%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Schedules of Investments

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Advertising, Printing & Publishing
Accelerate360 Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor		02/11/27		$		3,875		$		3,875		$		3,836			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor		02/11/27				1,382				1,382				1,356			(9)(21)(23)(31)
													5,257				5,192
Acosta
Acosta Holdings Corp.	Preferred Equity - Preferred Equity	N/A		N/A			10,213 Shares				473				491			(13)(24)
	Common Equity - Common Stock	N/A		N/A			6,266 Shares				77				80			(13)(24)
													550				571
FingerPaint Marketing
KL Charlie Acquisition Company	First Lien Secured Debt - Term Loan	SOFR+560, 1.00% Floor		12/30/26				18,185				18,041				18,003			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+560, 1.00% Floor		12/30/26				5,399				5,360				5,294			(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor		12/30/26				—				(17)				(20)			(8)(9)(21)(23)
KL Charlie Co-Invest, L.P.	Common Equity - Common Stock	N/A		N/A			218,978 Shares				220				320			(9)(13)
													23,604				23,597
Hero Digital
HRO (Hero Digital) Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+210 Cash plus 5.00% PIK, 1.00% Floor		11/18/28				19,182				18,961				18,365			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+210 Cash plus 5.00% PIK, 1.00% Floor		11/18/28				6,980				6,895				6,683			(9)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+210 Cash plus 5.00% PIK, 1.00% Floor		11/18/26				2,545				2,523				2,412			(9)(20)(21)(23)(31)
HRO Holdings I LP	Common Equity - Common Stock	N/A		N/A			213 Shares				213				269			(9)(13)
													28,592				27,729
Houghton Mifflin
Houghton Mifflin Harcourt Company	First Lien Secured Debt - Term Loan	SOFR+525, 0.50% Floor		04/09/29				6,151				5,863				6,074			(10)(30)
			Total Advertising, Printing & Publishing		$	63,866			$	63,163
Automotive
Club Car Wash
Club Car Wash Operating, LLC	First Lien Secured Debt - Term Loan	SOFR+565, 1.00% Floor		06/16/27		$		12,463		$		12,361		$		12,353			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+565, 1.00% Floor		06/16/27				18,065				17,800				17,851			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor		06/16/27				—				(14)				(14)			(8)(9)(21)(23)
													30,147				30,190

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
K&N Parent, Inc.
K&N Holdco, LLC	Common Equity - Common Stock	N/A	N/A		125,967 Shares					23,718				252			(13)
Truck-Lite Co., LLC
TL Lighting Holdings, LLC	Common Equity - Equity	N/A	N/A		350 Shares					350				828			(9)(13)
Truck-Lite Co., LLC	First Lien Secured Debt - Term Loan	SOFR+575, 0.75% Floor	02/13/31			2,448					2,412				2,426			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 0.75% Floor	02/13/31			—					(4)				(2)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+575, 0.75% Floor	02/13/30			—					(4)				(2)			(8)(9)(21)(23)
												2,754				3,250
Ultra Clean Newco
Ultra Clean Holdco LLC	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor	07/01/30			2,488					2,447				2,450			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor	07/01/30			4,423					4,296				4,257			(9)(21)(23)(30)(31)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor	07/01/30			—					(23)				(21)			(8)(9)(21)(23)
												6,720				6,686
		Total Automotive	$	63,339			$		40,378
Aviation and Consumer Transport
Bird
Bird Scooter Acquisition Corp. (4)	Common Equity - Common Stock	N/A	N/A		4,656,670 Shares			$		366			$	373			(9)(13)(24)
Blue Jay Transit Inc. (4)	First Lien Secured Debt - Term Loan	SOFR+300, 1.00% Floor	03/22/28			19,940					19,676				19,939			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+300, 1.00% Floor	03/22/28			—					—				—			(9)(23)
												20,042				20,312
GAT-Airline Ground Support Inc
GAT-Airline Ground Support Inc	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor	05/09/29			15,162					14,956				15,010			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 1.00% Floor	05/09/29			951					929				927			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+550, 1.00% Floor	05/09/29			—					(31)				(24)			(8)(9)(21)(23)
												15,854				15,913
Merx Aviation Finance, LLC
Merx Aviation Finance, LLC (5)	First Lien Secured Debt - Revolver	10.00%	10/31/25			59,575					59,575				59,576			(23)
	Common Equity - Membership Interests	N/A	N/A			—					146,500				123,815			(13)(24)
												206,075				183,391

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Primeflight
PrimeFlight Acquisition, LLC	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor		05/01/29				10,358				10,142				10,358			(9)(31)(32)
	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		05/01/29				3,250				3,206				3,218			(9)(31)
													13,348				13,576
			Total Aviation and Consumer Transport		$		255,319		$		233,192
Beverage, Food & Tobacco
Berner Foods
Berner Food & Beverage, LLC	First Lien Secured Debt - Term Loan	SOFR+565, 1.00% Floor		07/30/27		$		34,302		$		33,923		$		33,531			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+565, 1.00% Floor		07/30/26				—				(22)				(50)			(8)(9)(21)(23)
													33,901				33,481
Bolthouse Farms
Wm. Bolthouse Farms, Inc.	Common Equity - Equity Interests	N/A		N/A			1,086,122 Shares				1,147				1,423			(13)
Cave
Cave Enterprises Operations, LLC	First Lien Secured Debt - Term Loan	SOFR+660, 1.50% Floor		08/09/28				8,551				8,425				8,551			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+660, 1.50% Floor		08/09/28				—				(1)				—			(9)(23)
													8,424				8,551
Hive
FCP-Hive Holdings, LLC	Preferred Equity - Preferred Equity	N/A		N/A			589 Shares				448				229			(9)(13)
	Common Equity - Common Stock	N/A		N/A			589 Shares				3				—			(9)(13)
Hive Intermediate, LLC	First Lien Secured Debt - Term Loan	SOFR+610 Cash plus 2.00% PIK, 1.00% Floor		09/22/27				14,126				13,988				13,914			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+610 Cash plus 2.00% PIK, 1.00% Floor		09/22/27				843				822				809			(9)(21)(23)(30)
													15,261				14,952
Nutpods
Green Grass Foods, Inc.	First Lien Secured Debt - Term Loan	SOFR+625, 1.00% Floor		12/26/29				3,713				3,648				3,703			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+650, 1.00% Floor		12/26/29				—				(21)				(3)			(8)(9)(21)(23)
Nutpods Holdings, Inc.	Common Equity - Common Stock	N/A		N/A			125 Shares				125				153			(9)(13)
													3,752				3,853
Orgain, Inc.
Butterfly Fighter Co-Invest, L.P.	Common Equity - Membership Interests	N/A		N/A			490,000 Shares				90				1,999			'(13)

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Patriot Pickle
Patriot Foods Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor		12/24/29				248				243				245			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+600, 1.00% Floor		12/24/29				—				(4)				(5)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor		12/24/29				—				(4)				(2)			(8)(9)(21)(23)
													235				238
Turkey Hill
IC Holdings LLC	Common Equity - Series A Units	N/A		N/A			169 Shares				169				-			(9)(13)
THLP CO. LLC	First Lien Secured Debt - Term Loan	SOFR+600 Cash plus 2.00% PIK, 1.00% Floor		05/31/25				26,172				26,127				25,911			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+600 Cash plus 6.00% PIK, 1.00% Floor		05/31/25				1,453				1,449				1,453			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+600 Cash plus 2.00% PIK, 1.00% Floor		05/31/25				1,921				1,915				1,876			(9)(20)(21)(23)(31)
													29,660				29,240
			Total Beverage, Food & Tobacco		$		92,470		$		93,737
Business Services
Accelerate Learning
Eagle Purchaser, Inc.	First Lien Secured Debt - Term Loan	SOFR+675, 1.00% Floor		03/22/30		$		3,361		$		3,281		$		3,344			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+675, 1.00% Floor		03/22/30				469				455				464			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+675, 1.00% Floor		03/22/29				658				643				648			(9)(23)(31)
													4,379				4,456
AlpineX
Alpinex Opco, LLC	First Lien Secured Debt - Term Loan	SOFR+626, 1.00% Floor		12/27/27				17,308				17,069				17,271			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+626, 1.00% Floor		12/27/27				4,374				4,323				4,374			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+626, 1.00% Floor		12/27/27				1,102				1,081				1,103			(9)(21)(23)(31)
													22,473				22,748
AML Rightsource
Gabriel Partners, LLC	First Lien Secured Debt - Term Loan	SOFR+640, 1.00% Floor		09/21/26				29,956				29,739				29,503			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+640, 1.00% Floor		09/21/26				1,270				1,260				1,251			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+640, 1.00% Floor		09/21/26				338				332				328			(9)(21)(23)(31)
													31,331				31,082

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Atlas Technical Consultants
GI Apple Midco LLC	First Lien Secured Debt - Term Loan	SOFR+675, 1.00% Floor	04/19/30		7,556		7,465			7,556			(9)(30)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+675, 1.00% Floor	04/19/30		86		67			86			(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+675, 1.00% Floor	04/19/29		214		202			214			(9)(20)(21)(23)(30)
								7,734			7,856
Avenu
ACP Avenu Buyer, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor	10/02/29		1,238		1,209			1,219			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor	10/02/29		2,240		2,158			2,158			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor	10/02/29		167		150			156			(9)(21)(23)(31)
								3,517			3,533
BDO USA
BDO USA, P.A.	First Lien Secured Debt - Term Loan	SOFR+500, 2.00% Floor	08/31/28		11,850		11,850			11,850			(9)(30)
Best Trash
Bingo Group Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor	07/10/31		7,009		6,926			6,939			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor	07/10/31		—		(13)			(21)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor	07/10/31		25		15			17			(9)(21)(23)(31)
								6,928			6,935
Carestream Health
Carestream Health Holdings, Inc.	Common Equity - Common Stock	N/A	N/A	173,887 Shares		1,426			1,443			(17)(24)
Carestream Health, Inc.	First Lien Secured Debt - Term Loan	SOFR+750, 1.00% Floor	09/30/27		167		151			128			(10)(17)(31)
								1,577			1,571
Core Roofing
CRS Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor	06/06/30		1,918		1,882			1,889			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor	06/06/30		—		(65)			(106)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor	06/06/30		—		(17)			(14)			(8)(9)(20)(21)(23)
								1,800			1,769
CoreTrust
Coretrust Purchasing Group LLC (HPG Enterprises LLC)	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor	10/01/29		5,373		5,323			5,319			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 0.75% Floor	10/01/29		—		(10)			(12)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor	10/01/29		—		(6)			(7)			(8)(9)(21)(23)
								5,307			5,300

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Distinct
Distinct Holdings Inc	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor	07/18/29	13,209	12,994		12,996		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+575, 1.00% Floor	07/18/29	—	(28)		(28)		(8)(9)(21)(23)
						12,966		12,968
Escalent
M&M OPCO, LLC	First Lien Secured Debt - Term Loan	SOFR+810, 1.00% Floor	04/07/29	12,226	11,952		11,982		(9)(31)(32)
	First Lien Secured Debt - Revolver	SOFR+810, 1.00% Floor	04/07/29	—	(5)		(5)		(8)(9)(21)(23)
						11,947		11,977
G&A
G&A Partners Holding Company II, LLC	First Lien Secured Debt - Term Loan	SOFR+550, 0.75% Floor	03/01/31	3,223	3,165		3,167		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 0.75% Floor	03/01/31	574	514		462		(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+550, 0.75% Floor	03/01/30	—	(6)		(6)		(8)(9)(21)(23)
						3,673		3,623
Apiom, Inc.	First Lien Secured Debt - Term Loan	SOFR+745, 2.00% Floor	05/02/28	2,500	2,485		2,513		(9)(17)(30)
Heritage Environmental Services
Heritage Environmental Services, Inc.	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor	01/31/31	1,749	1,745		1,763		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+550, 4.50% Floor	01/31/30	—	(1)		—		(9)(20)(21)(23)
						1,744		1,763
HMA
Health Management Associates Superholdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+635, 1.00% Floor	03/30/29	3,897	3,810		3,877		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+635, 1.00% Floor	03/30/29	350	335		347		(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+010, 0.00% Floor	03/30/29	135	129		134		(9)(20)(21)(23)(28)
						4,274		4,358
Ingenovis Health
Ingenovis Health, Inc. (CCRR Parent Inc)	First Lien Secured Debt - Term Loan	SOFR+425, 0.75% Floor	03/06/28	2,880	2,608		1,711		(10)(31)
	First Lien Secured Debt - Term Loan	SOFR+425, 0.50% Floor	03/06/28	980	887		603		(10)(31)
						3,495		2,314

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
IRP
Precision Refrigeration & Air Conditioning LLC	First Lien Secured Debt - Term Loan	SOFR+690, 1.00% Floor	03/08/28		10,956		10,804			10,683			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+690, 1.00% Floor	03/08/28		4,950		4,880			4,826			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+690, 1.00% Floor	03/08/28		1,932		1,912			1,875			(9)(21)(23)(31)
SMC IR Holdings, LLC	Common Equity - Common Stock	N/A	N/A	153 Shares		179			270			(9)(13)
								17,775			17,654
Jacent
Jacent Strategic Merchandising	First Lien Secured Debt - Term Loan	SOFR+510 Cash plus 0.75% PIK, 1.00% Floor	10/23/25		22,207		22,199			22,050			(9)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+660, 1.00% Floor	10/23/25		1,564		1,559			1,541			(9)(23)(30)
	Common Equity - Common Stock	N/A	N/A	498 Shares		500			151			(9)(13)
JSM Equity Investors, L.P.	Preferred Equity - Class P Partnership Units	N/A	N/A	11 Shares		11			1			(9)(13)
								24,269			23,743
Jones & Frank
JF Acquisition, LLC	First Lien Secured Debt - Term Loan	SOFR+560, 1.00% Floor	07/31/26		7,730		7,705			7,721			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+560, 1.00% Floor	07/31/26		5,101		5,082			5,094			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor	07/31/26		879		872			877			(9)(23)(31)
								13,659			13,692
North Highland
The North Highland Company LLC	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor	12/22/31		3,065		3,034			3,034			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+475, 0.75% Floor	12/22/31			(6)			(6)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+475, 0.75% Floor	12/20/30		161		153			153			(9)(21)(23)(31)
								3,181			3,181
PSI Services, LLC
Lifelong Learner Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+790, 1.00% Floor	10/20/25		4,354		4,305			4,344			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+790, 1.00% Floor	10/20/25		927		913			924			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+790, 1.00% Floor	10/20/25		537		536			536			(9)(21)(23)(31)
								5,754			5,804
SafetyCo
HEF Safety Ultimate Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor	11/19/29		7,425		7,265			7,425			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 1.00% Floor	11/19/29		—		(56)			—			(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor	11/17/29		710		679			710			(9)(21)(23)(31)
								7,888			8,135

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Schlesinger Group
Schlesinger Global, LLC	First Lien Secured Debt - Term Loan	SOFR+275 Cash plus 5.85% PIK, 1.00% Floor	07/12/25		11,942		11,957			11,705			(9)(30)
SEER
GS SEER Group Borrower LLC	First Lien Secured Debt - Term Loan	SOFR+675, 1.00% Floor	04/29/30		3,208		3,128			3,160			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+675, 1.00% Floor	04/29/30		709		676			688			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+675, 1.00% Floor	04/30/29		—		(8)			(6)			(8)(9)(21)(23)
GS SEER Group Holdings, LLC	Common Equity - Common Stock	N/A	N/A	42 Shares		42			43			(9)(13)
								3,838			3,885
Smith System
Smith Topco, Inc.	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor	11/06/29		8,783		8,616			8,783			(9)(32)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor	11/06/29		—		(21)			—			(9)(21)(23)
								8,595			8,783
Solera
Polaris Newco, LLC	First Lien Secured Debt - Term Loan	SOFR+426, 0.50% Floor	06/02/28		6,716		6,733			6,737			(10)(31)
Solera, LLC	Second Lien Secured Debt - Term Loan	SOFR+910, 1.00% Floor	06/04/29		5,686		5,636			5,627			(10)(31)
								12,369			12,364
Trench Plate
Trench Plate Rental Co.	First Lien Secured Debt - Term Loan	SOFR+560, 1.00% Floor	12/03/26		17,727		17,581			17,417			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor	12/03/26		1,427		1,414			1,395			(9)(20)(21)(23)(31)
Trench Safety Solutions Holdings, LLC	Common Equity - Common Stock	N/A	N/A	331 Shares		50			32			(9)(13)
								19,045			18,844
US Legal Support
US Legal Support Investment Holdings, LLC	Common Equity - Series A-1 Units	N/A	N/A	631,972 Shares		632			1,055			(9)(13)
USLS Acquisition, Inc.	First Lien Secured Debt - Term Loan	SOFR+590, 1.00% Floor	06/01/26		28,370		28,225			28,235			(9)(31)(32)
	First Lien Secured Debt - Delayed Draw	SOFR+590, 1.00% Floor	06/01/26		4,428		4,412			4,411			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+590, 1.00% Floor	12/01/27		804		796			798			(9)(20)(23)(31)
								34,065			34,499
Vixxo
Vixxo Corporation	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor	08/01/30		3,750		3,697			3,694			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor	08/01/30		—		(9)			(19)			(8)(9)(21)(23)
								3,688			3,675

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Wilson Language Training
Owl Acquisition, LLC	First Lien Secured Debt - Term Loan	SOFR+535, 1.00% Floor		02/04/28				9,635				9,515				9,586			(9)(30)
Owl Parent Holdings, LLC	Common Equity - Common Stock	N/A		N/A			100 Shares				100				172			(9)(13)
													9,615				9,758
			Total Business Services		$		313,178		$		312,338
Chemicals, Plastics & Rubber
Aspen Aerogels, Inc.
Aspen Aerogels, Inc.	First Lien Secured Debt - Term Loan	SOFR+450, 4.50% Floor		08/19/29		$		23,605		$		23,161		$		23,133			(9)(17)(30)
	First Lien Secured Debt - Revolver	SOFR+460, 2.50% Floor		08/19/29				43				43				43			(9)(17)(21)(23)(30)
													23,204				23,176
Carbonfree Chemicals SPE I LLC (f/k/a Maxus Capital Carbon SPE I LLC)
Carbonfree Chemicals Holdings LLC (4)	Common Equity - Common Equity / Interest	N/A		N/A			1,246 Shares				56,505				18,933			(13)(16)(24)
FC2 LLC (4)	Common Equity - Common Stock	N/A		N/A			5 Shares				-				-			(24)
	Secured Debt - Promissory Note	6.50%		10/14/27				12,500				12,501				12,459
													69,006				31,392
Heubach
Heubach Holdings USA LLC	First Lien Secured Debt - Term Loan	10.00%		04/30/24				1,631				383				815			(14)(17)(18)
SK Neptune Husky Group Sarl (Luxembourg Investment Company 428 S.a r.l.)	First Lien Secured Debt - Term Loan	7.00%		01/03/29				9,438				—				—			(14)(17)
													383				815
IPS
SI Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+585, 1.00% Floor		12/31/27				34,624				34,495				34,552			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor		12/31/27				—				(12)				(15)			(8)(9)(21)(23)
													34,483				34,537
Meristem Crop Performance
Lunar Buyer, LLC	First Lien Secured Debt - Term Loan	SOFR+550, 0.75% Floor		10/03/30				9,091				8,915				8,909			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 0.75% Floor		10/03/30				—				(65)				(68)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+550, 0.75% Floor		10/03/30				455				376				373			(9)(21)(23)(30)
													9,226				9,214
W.R. Grace
W.R. Grace Holdings LLC	First Lien Secured Debt - Corporate Bond	4.88%		06/15/27				2,000				1,943				1,938			(10)
			Total Chemicals, Plastics & Rubber		$		138,245		$		101,072

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Construction & Building
Allstar Holdings
Athlete Buyer, LLC	First Lien Secured Debt - Term Loan	SOFR+585, 1.00% Floor	04/26/29	$	1,927	$	1,890		$	1,908		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+585, 1.00% Floor	04/26/29		23,681		23,172			23,442		(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor	04/26/29		3,292		3,211			3,240		(9)(20)(21)(23)(31)
								28,273			28,590
American Restoration
American Restoration Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+510, 1.00% Floor	07/24/30		6,463		6,340			6,350		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+510, 1.00% Floor	07/24/30		5,222		5,109			5,105		(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+510, 1.00% Floor	07/24/30		389		356			358		(9)(21)(23)(31)
								11,805			11,813
OmniMax International, LLC
Omnimax International, LLC	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor	12/06/30		15,280		14,977			14,975		(9)(32)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 1.00% Floor	12/06/30		—		(47)			(47)		(8)(9)(23)
								14,930			14,928
Pave America
Pave America Interco, LLC (f/k/a Pavement Partners Interco, LLC)	First Lien Secured Debt - Term Loan	SOFR+690, 1.00% Floor	02/07/28		14,310		13,993			14,095		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+690, 1.00% Floor	02/07/28		1,423		1,394			1,402		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+690, 1.00% Floor	02/07/28		1,371		1,321			1,332		(9)(21)(23)(31)
								16,708			16,829
Pavement Preservation
Pavement Preservation Acquisition, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor	08/09/30		8,999		8,826			8,819		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor	08/09/30		2,155		2,114			2,112		(9)(30)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor	08/09/30		—		(24)			(26)		(8)(9)(21)(23)
								10,916			10,905
Renovo
HomeRenew Buyer, Inc.	First Lien Secured Debt - Term Loan	8.65%	11/23/27		9,073		8,177			4,900		(9)(14)(30)
	First Lien Secured Debt - Term Loan	SOFR+900, 2.50% Floor	03/13/25		1,276		1,241			1,244		(9)(30)
	First Lien Secured Debt - Delayed Draw	8.65%	11/23/27		7,998		7,198			4,319		(9)(14)(30)
	First Lien Secured Debt - Revolver	8.65%	11/23/27		2,161		1,975			1,167		(9)(14)(23)(30)
								18,591			11,630

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
RF Fager
R.F. Fager Company, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		03/04/30				930				911				914			(9)(30)(31)(32)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor		03/04/30				—				(17)				(32)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		03/04/30				—				(5)				(4)			(8)(9)(21)(23)
													889				878
Traffic Management Solutions, LLC
Traffic Management Solutions, LLC	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor		11/26/30				7,379				7,269				7,268			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor		11/26/30				—				(45)				(46)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor		11/26/30				121				100				100			(9)(21)(23)(31)
													7,324				7,322
			Total Construction & Building		$		109,436		$		102,895
Consumer Goods - Durable
Club Champion
Club Champion LLC	First Lien Secured Debt - Term Loan	SOFR+500, 0.75% Floor		06/14/29		$		8,152		$		8,039		$		8,009			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+500, 0.75% Floor		06/14/29				663				638				631			(9)(21)(23)(32)
													8,677				8,640
KLO Holdings, LLC
1244311 B.C. Ltd. (4)	Common Equity - Common Stock	N/A		N/A			1,000,032 Shares				1,000				202			(13)(17)(24)(26)
Polywood
Poly-Wood, LLC	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor		03/20/30				2,165				2,120				2,165			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 1.00% Floor		03/20/30				—				(13)				—			(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+575, 1.00% Floor		03/20/30				—				(8)				—			(9)(21)(23)
													2,099				2,165
Sorenson Holdings, LLC
Sorenson Holdings, LLC	First Lien Secured Debt - Term Loan	8.00% PIK		04/01/30				247				197				203
	First Lien Secured Debt - Term Loan	10.00% PIK		04/01/30				60				54				55
	Common Equity - Membership Interests	N/A		N/A			279 Shares				108				119			(13)
													359				377
			Total Consumer Goods – Durable		$		12,135		$		11,384

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Consumer Goods - Non-durable
3D Protein
Protein For Pets Opco, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor	09/20/30	$		8,561	$		8,410		$		8,411			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor	09/20/30			—			(15)				(16)			(8)(9)(21)
										8,395				8,395
Dan Dee
Project Comfort Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+710, 1.00% Floor	02/01/26			17,757			17,716				17,653			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+710, 1.00% Floor	02/01/26			—			(3)				(9)			(8)(9)(21)(23)
	Preferred Equity - Preferred Equity	N/A	N/A		491,405 Shares			493				246			(9)(13)
										18,206				17,890
Elida Beauty
PHOENIX YW BUYER, INC.	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor	05/31/30			8,137			7,968				7,975			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor	05/31/30			—			(23)				(23)			(8)(9)(21)(23)
										7,945				7,952
Excelligence
Excelligence Learning Corporation	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor	01/18/30			15,418			15,123				15,264			(9)(31)
	First Lien Secured Debt - Revolver	P+475	01/18/30			148			101				123			(9)(20)(21)(23)(28)
										15,224				15,387
Iconix Brand Group
IBG Borrower LLC	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor	08/22/29			5,953			5,897				5,894			(9)(31)
LashCo
Lash OpCo, LLC	First Lien Secured Debt - Term Loan	SOFR+275 Cash plus 5.10% PIK, 1.00% Floor	03/18/26			42,662			42,398				41,794			(9)(32)
	First Lien Secured Debt - Delayed Draw	SOFR+275 Cash plus 5.10% PIK, 1.00% Floor	03/18/26			2,302			2,293				2,256			(9)(32)
	First Lien Secured Debt - Revolver	SOFR+275 Cash plus 5.10% PIK, 1.00% Floor	03/18/26			1,673			1,658				1,637			(9)(23)(32)
										46,349				45,687
Paladone
Paladone Group Bidco Limited	First Lien Secured Debt - Term Loan	SOFR+560, 1.00% Floor	11/12/27			5,936			5,867				5,913			(9)(17)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+560, 1.00% Floor	11/12/27			930			924				926			(9)(17)(31)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor	11/12/27			659			645				653			(9)(17)(21)(23)(28)(31)
	First Lien Secured Debt - Revolver	SON+550, 1.00% Floor	11/12/27	£		353			469				439			(9)(17)(23)(29)
Paladone Group Holdings Limited	Common Equity - Common Stock	N/A	N/A		94,151 Shares			92				121			(9)(13)(17)
										7,997				8,052

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
RoC Skincare
RoC Holdco LLC	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor		02/21/31				12,709				12,480				12,486			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor		02/21/30				—				(38)				(38)			(8)(9)(21)(23)
													12,442				12,448
Sequential Brands Group, Inc.
Gainline Galaxy Holdings LLC	Common Equity - Common Stock	N/A		N/A			10,854 Shares				2,041				106			(16)(17)
Galaxy Universal LLC	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor		11/12/26				1,241				1,229				1,237			(17)(31)
Swisstech IP CO, LLC	First Lien Secured Debt - Term Loan	6.00% PIK		05/28/25				201				154				201			(17)
													3,424				1,544
Suave
Silk Holdings I Corp.	Common Equity - Common Stock	N/A		N/A			100 Shares				100				215			(9)(13)
Silk Holdings III Corp.	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor		05/01/29				29,652				29,046				29,355			(9)(31)
													29,146				29,570
Tailored Brands
The Men's Wearhouse, LLC	First Lien Secured Debt - Term Loan	SOFR+650, 0.00% Floor		02/26/29				1,270				1,268				1,271			(10)(31)
			Total Consumer Goods – Non-durable		$		156,293		$		154,090
Consumer Services
Clarus Commerce
Marlin DTC-LS Midco 2, LLC	First Lien Secured Debt - Term Loan	SOFR+660, 1.00% Floor		07/01/25		$		21,078		$		21,012		$		21,075			(31)
	First Lien Secured Debt - Revolver	SOFR+660, 1.00% Floor		07/01/25				—				(2)				—			(21)(23)
													21,010				21,075
Gateway Services
Gateway US Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor		09/22/28				10,225				10,184				10,172			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor		09/22/26				2,349				2,340				2,337			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+475, 0.75% Floor		09/22/26				533				532				531			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+475, 0.75% Floor		11/14/26				—				(9)				(5)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+650, 0.75% Floor		09/22/26				—				(1)				(2)			(8)(9)(21)(23)
													13,046				13,033

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Go Car Wash
Go Car Wash Management Corp.	First Lien Secured Debt - Term Loan	SOFR+585, 1.00% Floor	12/31/26		1,600		1,588			1,557		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+585, 1.00% Floor	12/31/26		9,318		9,243			9,080		(9)(30)
	First Lien Secured Debt - Revolver	SOFR+635, 1.00% Floor	12/31/26			—			(11)		(8)(9)(21)(23)
								10,831			10,626
Legacy.com
Lotus Topco Inc.	First Lien Secured Debt - Term Loan	SOFR+475, 1.00% Floor	06/07/30		2,926		2,886			2,883		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+475, 1.00% Floor	06/07/30		—		(10)		(22)		(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+475, 1.00% Floor	06/07/30		—		(8)		(9)		(8)(9)(21)(23)
								2,868			2,852
Regis
Regis Corporation	First Lien Secured Debt - Term Loan	SOFR+450, 2.50% Floor	06/24/29		6,942		6,814			6,802		(9)(30)(31)
	First Lien Secured Debt - Revolver	SOFR+450, 2.50% Floor	06/24/29		721		646			638		(9)(20)(21)(23)(31)
								7,460			7,440
SEV
SEV Intermediate Holdco, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor	06/21/30		8,292		8,148			8,147		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor	06/21/30		633		605			604		(9)(21)(23)(31)(32)
								8,753			8,751
Team Car Wash
TCW Midco LLC	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor	10/22/29		5,000		4,952			4,950		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 1.00% Floor	10/22/29		—		(40)		(42)		(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+575, 1.00% Floor	10/22/29		—		(8)		(8)		(8)(9)(21)(23)
								4,904			4,900
The Club Company
Eldrickco Limited	First Lien Secured Debt - Term Loan	SON+578, 0.50% Floor	11/26/26	£	9,057		11,696			11,038		(9)(17)(29)
	First Lien Secured Debt - Delayed Draw	SON+578, 0.50% Floor	11/26/26	£	8,497		10,516			10,275		(9)(17)(21)(23)(29)
	First Lien Secured Debt - Revolver	SON+578, 0.50% Floor	11/26/26	£	356		416			433		(9)(17)(23)(29)
	First Lien Secured Debt - Revolver	SON+553, 0.50% Floor	05/26/26	£	—		(1)		(11)		(8)(9)(17)(21)(23)
								22,627			21,735

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
The Weather Company
Zephyr Buyer, L.P.	First Lien Secured Debt - Term Loan	SOFR+650, 1.00% Floor		01/31/30				30,816				30,134				30,272		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+675, 1.00% Floor		01/31/30				—				(84)			(69)		(8)(9)(21)(23)
													30,050				30,203
Village Pet Care
Village Pet Care, LLC	First Lien Secured Debt - Term Loan	SOFR+650, 1.00% Floor		09/22/29				1,500				1,475				1,485		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+650, 1.00% Floor		09/22/29				750				708				700		(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	P+550		09/22/29				800				784				790		(9)(21)(23)(28)
													2,967				2,975
Walters Wedding Estates
WH BorrowerCo, LLC	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor		08/01/30				14,348				14,140				14,129		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor		08/01/30							(114)			(122)		(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor		08/01/30				1,223				1,188				1,185		(9)(21)(23)(31)
													15,214				15,192
			Total Consumer Services		$		139,730		$		138,782
Containers, Packaging & Glass
Truvant
NPPI Buyer, LLC	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor		08/20/29		$		22,050		$		21,737		$		21,719		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor		08/20/29				—				(33)			(71)		(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		08/20/29				—				(44)			(47)		(8)(9)(21)(23)
			Total Containers, Packaging & Glass		$		21,660		$		21,601
Diversified Investment Vehicles, Banking, Finance, Real Estate
Basswood Park CLO Ltd
Basswood Park CLO Ltd 2021-1	Asset Backed Security - CLO Debt			04/20/34		$		2,000		$		2,011		$		2,003		(10)(17)
Celink
Compu-Link Corporation (dba Celink)	First Lien Secured Debt - Term Loan	SOFR+610, 1.00% Floor		11/30/29				18,076				17,695				17,819		(9)(30)
	First Lien Secured Debt - Revolver	SOFR+610, 1.00% Floor		11/30/29				—				(5)			(41)		(8)(9)(21)(23)
Peer Advisors, LLC	First Lien Secured Debt - Term Loan	SOFR+610, 1.00% Floor		11/30/29				4,347				4,340				4,285		(9)(30)
													22,030				22,063

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Churchill Middle Market CLO Lt
Churchill Middle Market CLO Ltd 2021-1	Asset Backed Security - CLO Debt		10/24/33			4,000		4,000			4,002			(10)(17)
Definiti LLC
Greylock Holdings LLC	Common Equity - Common Stock	N/A	N/A		100,000 Shares		100			96			(9)(13)
RHI Acquisition LLC	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor	03/16/29			5,985		5,843			5,864			(9)(32)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 1.00% Floor	03/16/29			1,302		1,259			1,240			(9)(21)(23)(32)
	First Lien Secured Debt - Revolver	SOFR+660, 1.00% Floor	03/16/29			—		(14)			(13)			(8)(9)(21)(23)
									7,188			7,187
Fortress Credit BSL Limited
Fortress Credit BSL Limited 2021-3	Asset Backed Security - CLO Debt		07/20/34			3,000		3,001			3,005			(10)(17)
Fortress Credit Opportunities
Fortress Credit Opportunities CLO LLC 2024-25	Asset Backed Security - CLO Debt		01/15/37			4,000		4,000			4,000			(10)(17)
Generator Buyer, Inc.
Generator Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor	07/22/30	C$		16,086		12,536			12,188			(9)(17)(31)(33)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 0.75% Floor	07/22/30	C$		416		286			259			(9)(17)(21)(23)(33)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor	07/22/30	C$		—		(21)			(15)			(8)(9)(17)(20)(21)(23)
									12,801			12,432
Golden Bear
Golden Bear 2016-R, LLC (4)	Structured Products and Other - Membership Interests	N/A	09/20/42		N/A		15,451			9,736			(3)(17)
Golub Capital Partners CLO, LT
Golub Capital Partners CLO, LTD 2021-55	Asset Backed Security - CLO Debt		07/20/34			2,000		2,016			2,013			(10)(17)
Insight XI Aggregator, L.P.
Insight XI Aggregator, L.P.	First Lien Secured Debt - Term Loan	SOFR+325, 0.00% Floor	08/28/25			3,041		3,041			3,041			(9)(17)(31)
Lending Point
LendingPoint 2018-1 Funding Trust	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor	12/31/27			36,294		35,918			36,109			(9)(31)
LendingPoint LLC	First Lien Secured Debt - Term Loan	0.00%	12/30/26			2,197		2,197			2,192			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+300, 1.00% Floor	12/31/27			6,971		6,971			6,945			(9)(21)(23)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor	12/31/27			—		—			(8)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+300, 1.00% Floor	12/31/27			—		—			(21)			(8)(9)(21)(23)
									45,086			45,217

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Nexity
Evoriel	First Lien Secured Debt - Term Loan	EURIBOR+525, 0.00% Floor		04/02/31		€		2,283			2,438			2,335			(9)(17)(34)
	First Lien Secured Debt - Delayed Draw	EURIBOR+525, 0.00% Floor		04/02/31		€		391			402			390			(9)(17)(21)(23)(34)
												2,840			2,725
Origami Opportunities Fund III
Origami Opportunities Fund III, L.P.	First Lien Secured Debt - Term Loan	SOFR+625, 2.00% Floor		10/25/27				6,667			6,572			6,567			(9)(17)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+625, 2.00% Floor		10/25/27				—			(47)			(50)			(8)(9)(17)(21)(23)
												6,525			6,517
PMA
PMA Parent Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor		01/31/31				14,013			13,869			13,865			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+550, 0.75% Floor		01/31/31				—			(10)			(10)			(8)(9)(21)(23)
												13,859			13,855
Purchasing Power, LLC
Purchasing Power Funding I, LLC	First Lien Secured Debt - Revolver	SOFR+710, 0.00% Floor		02/26/27				2,825			2,825			2,825			(9)(21)(23)(30)
Redfin
Redfin Corporation	First Lien Secured Debt - Term Loan	SOFR+575, 1.50% Floor		10/20/28				3,456			3,385			3,378			(9)(17)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 1.50% Floor		10/20/28				3,474			3,402			3,396			(9)(17)(31)
												6,787			6,774
Renew Financial LLC (f/k/a Renewable Funding, LLC)
AIC SPV Holdings II, LLC	Preferred Equity - Preferred Stock	N/A		N/A			142 Shares			534			193			(15)(17)
Renew Financial LLC (f/k/a Renewable Funding, LLC)	Common Equity - Common Stock	N/A		N/A			1,368,286 Shares			16,813			69			(13)(17)
Renew JV LLC	Common Equity - Membership Interests	N/A		N/A			233,308 Shares			233			400			(13)(17)
												17,580			662
Spectrum Automotive
Shelby 2021 Holdings Corp.	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor		06/29/28				14,109			13,985			14,039			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 0.75% Floor		06/29/28				412			357			393			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+575, 0.75% Floor		06/29/27				—			(3)			(2)			(8)(9)(21)(23)
												14,339			14,430
Stretto
Stretto, Inc.	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor		10/13/28				11,194			11,143			11,138			(9)(31)
US Auto
Auto Pool 2023 Trust (Del. Stat. Trust) (4)	Structured Products and Other - Membership Interests	N/A		02/28/29			N/A			23,192			16,366			(9)(25)
			Total Diversified Investment Vehicles, Banking, Finance, Real Estate		$		219,715		$	189,991

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Energy - Electricity
Solarplicity Group Limited (f/k/a AMP Solar UK)
Solarplicity UK Holdings Limited	First Lien Secured Debt - Term Loan	4.00%		03/08/23		£		5,562		$		7,231		$		1,997			(11)(14)(17)
	Preferred Equity - Preferred Stock	N/A		N/A			4,286 Shares				5,623				—			(13)(17)(26)
	Common Equity - Ordinary Shares	N/A		N/A			2,825 Shares				4				—			(13)(17)(26)
			Total Energy – Electricity		$		12,858		$		1,997
Environmental Industries
Liberty Tire Recycling
LTR Intermediate Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+450, 1.00% Floor		05/05/28		$		2,067		$		2,030		$		2,036			(10)(30)
			Total Environmental Industries		$		2,030		$		2,036
Healthcare & Pharmaceuticals
Akoya
Akoya Biosciences, Inc.	First Lien Secured Debt - Term Loan	SOFR+691, 2.50% Floor		11/01/27		$		13,125		$		13,142		$		13,093			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+691, 2.50% Floor		11/01/27				9,375				9,357				9,353			(9)(30)
													22,499				22,446
Alcami
Alcami Corporation	First Lien Secured Debt - Term Loan	SOFR+710, 1.00% Floor		12/21/28				8,055				7,853				7,874			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+710, 1.00% Floor		12/21/28				593				578				579			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+710, 1.00% Floor		12/21/28				82				56				58			(9)(21)(23)(30)
													8,487				8,511
Alcresta Therapeutics Inc.
Alcresta Holdings, LP	Preferred Equity - Preferred Equity	N/A		N/A			116 Shares				116				124			(9)(24)
	Common Equity - Common Stock	N/A		N/A			1,176 Shares				1				28			(9)(24)
Alcresta Therapeutics Inc.	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor		03/12/30				2,276				2,236				2,242			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+575, 1.00% Floor		03/12/30				—				(123)				(106)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+575, 1.00% Floor		03/31/29				—				(7)				(7)			(8)(9)(21)(23)
													2,223				2,281
All Star
All Star Recruiting Locums, LLC	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor		05/01/30				6,922				6,793				6,887			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 1.00% Floor		05/01/30				—				(15)				(9)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+550, 1.00% Floor		05/01/30				217				194				211			(9)(21)(23)(31)
													6,972				7,089

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Allied Benefit Systems
Allied Benefit Systems Intermediate LLC	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor	10/31/30	5,873	5,873		5,873		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 0.75% Floor	10/31/30	1,077	1,069		1,077		(9)(30)
						6,942		6,950
August Bio
August Bioservices, LLC	First Lien Secured Debt - Term Loan	SOFR+595, 2.00% Floor	06/01/29	12,000	11,945		11,850		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+595, 2.00% Floor	06/01/29	3,000	2,987		2,963		(9)(30)
	First Lien Secured Debt - Revolver	SOFR+400, 2.00% Floor	06/01/29	—	(2)		(7)		(8)(9)(21)(23)
						14,930		14,806
Azurity Pharmaceuticals
Azurity Pharmaceuticals, Inc.	First Lien Secured Debt - Term Loan	SOFR+662, 0.75% Floor	09/20/27	4,765	4,729		4,670		(10)(30)
Bausch Health
Bausch Health Companies Inc. (f/k/a Valeant Pharmaceuticals International, Inc.)	First Lien Secured Debt - Term Loan	SOFR+525, 0.50% Floor	02/01/27	7,200	6,747		7,047		(10)(17)(30)
	First Lien Secured Debt - Corporate Bond	5.50%	11/01/25	1,088	1,048		1,061		(10)(17)
						7,795		8,108
Cato Research
LS Clinical Services Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+751, 1.00% Floor	12/16/27	14,782	14,612		14,227		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+751, 1.00% Floor	06/16/27	1,609	1,585		1,544		(9)(21)(23)(31)
						16,197		15,771
Celerion
Celerion Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+500, 0.75% Floor	11/05/29	11,117	10,908		11,006		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 0.75% Floor	11/05/29	—	(27)		(13)		(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+550, 0.75% Floor	11/03/28	—	(12)		(6)		(8)(9)(21)(23)
						10,869		10,987
Cerus
Cerus Corporation	First Lien Secured Debt - Term Loan	SOFR+660, 1.80% Floor	03/01/28	12,000	11,978		12,000		(9)(17)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+660, 1.80% Floor	03/01/28	4,500	4,492		4,500		(9)(17)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+660, 1.00% Floor	03/01/28	3,000	2,980		3,000		(9)(17)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+385, 1.00% Floor	03/01/28	415	414		415		(9)(17)(21)(23)(30)
						19,864		19,915

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
CNSI
Acentra Holdings, LLC (fka CNSI Holdings, LLC)	First Lien Secured Debt - Term Loan	SOFR+550, 0.50% Floor	12/17/29		17,640		17,167			17,462			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+575, 0.50% Floor	12/17/28		3,960		3,912			3,940			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+550, 0.50% Floor	12/17/29		213		163			193			(9)(21)(23)(31)
								21,242			21,595
Compass Health
Roscoe Medical, Inc	First Lien Secured Debt - Term Loan	SOFR+636, 1.00% Floor	03/31/25		7,391		7,309			7,354			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+011, 0.00% Floor	03/31/25		492		482			488			(9)(21)(23)(28)
								7,791			7,842
EmpiRx
EmpiRx Health LLC	First Lien Secured Debt - Term Loan	SOFR+510, 1.00% Floor	08/05/27		8,818		8,721			8,818			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+510, 1.00% Floor	08/05/27		—		(8)			-			(9)(20)(21)(23)
								8,713			8,818
ExactCare
ExactCare Parent, Inc.	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor	11/05/29		17,898		17,468			17,808			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+650, 1.00% Floor	11/05/29		—		(44)			(10)			(8)(9)(21)(23)
								17,424			17,798
Gainwell
Gainwell Acquisition Corp. (Milano Acquisition Corp)	First Lien Secured Debt - Term Loan	SOFR+400, 0.75% Floor	10/01/27		16,778		15,875			16,293			(10)(31)
Health & Safety Institute
HSI Halo Holdings, LLC	Common Equity - Common Stock	N/A	N/A	104 Shares		16			21			(9)
HSI HALO Acquisition, Inc.	Common Equity - Common Stock	N/A	N/A	500 Shares		31			2,026			(9)(13)
								47			2,047
KureSmart
Clearway Corporation (f/k/a NP/Clearway Holdings, Inc.)	Common Equity - Common Stock	N/A	N/A	133 Shares		133			305			(9)(13)
Kure Pain Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+610, 1.00% Floor	08/27/27		21,047		21,006			21,047			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+510, 1.00% Floor	08/27/27		—		(6)			-			(9)(21)(23)
								21,133			21,352
LucidHealth
Premier Imaging, LLC	First Lien Secured Debt - Term Loan	SOFR+426 Cash plus 2.00% PIK, 1.00% Floor	03/31/26		7,057		7,025			5,716			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+426 Cash plus 2.00% PIK, 1.00% Floor	03/31/26		1,911		1,837			1,548			(9)(31)
								8,862			7,264

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Mannkind Corporation
Mannkind Corporation	Common Equity - Common Stock	N/A	N/A	34,226 Shares		-			220			(9)(10)(13)(17)
Maxor National Pharmacy Services, LLC
Maxor Acquisition, Inc.	First Lien Secured Debt - Term Loan	SOFR+610, 1.00% Floor	03/01/29		10,000		9,900			9,900			(9)(13)
Maxor National Pharmacy Services, LLC	First Lien Secured Debt - Term Loan	SOFR+610, 1.00% Floor	03/01/29		13,185		12,882			13,053			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+700, 1.00% Floor	03/01/29		—		(32)			(15)			(8)(9)(21)(23)
Maxor Topco, L.P.	Preferred Equity - Preferred Equity	N/A	N/A	50,000 Shares		50			75			(9)(13)
								22,800			23,013
Medical Guardian
Medical Guardian, LLC	First Lien Secured Debt - Term Loan	SOFR+585, 1.00% Floor	04/26/28		31,062		30,844			30,902			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+585, 1.00% Floor	04/26/28		4,738		4,690			4,714			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+635, 1.00% Floor	04/26/28		—		(24)			(19)			(8)(9)(21)(23)
								35,510			35,597
Midwest Vision
Midwest Vision Partners Management, LLC	First Lien Secured Debt - Term Loan	SOFR+450 Cash plus 2.00% PIK, 1.00% Floor	01/12/27		20,776		20,548			20,517			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+650 PIK, 1.00% Floor	01/12/27		1,127		1,115			899			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+650, 1.00% Floor	01/12/27		612		606			595			(9)(23)(31)
								22,269			22,011
Omega Healthcare
OMH-Healthedge Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor	10/08/29		9,850		9,804			9,850			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor	10/08/29		—		(5)			—			(9)(21)(23)
								9,799			9,850
Ora LLC
Orion Buyer, LLC	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor	07/18/30		6,901		6,771			6,763			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor	07/18/30			(15)			(34)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	P+400	07/18/30		280		254			252			(9)(21)(23)(28)
TVG Orion Blocker, Inc.	Common Equity - Common Stock	N/A	N/A	2 Shares		110			103			(9)(24)
	Unsecured Debt - Promissory Note	11.34%	07/18/30		21		21			21			(9)
								7,141			7,105

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Partner Therapeutics, Inc
Partner Therapeutics, Inc	Preferred Equity - Preferred Equity	N/A	N/A		55,556 Shares		333			333			(9)(13)
	Warrants - Warrants				73,333 Shares		389			136			(9)(13)
									722			469
PHS
PHS Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+410 Cash plus 1.00% PIK, 1.00% Floor	01/31/27			25,785		25,598			21,853			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+410 Cash plus 1.00% PIK, 1.00% Floor	01/31/27			1,441		1,417			1,136			(9)(21)(23)(31)
									27,015			22,989
Rarebreed
Rarebreed Veterinary Partners, Inc.	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor	04/18/30			4,237		4,160			4,152			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor	04/18/30			6,457		6,286			6,088			(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor	04/18/30			—		(17)			(19)			(8)(9)(21)(23)
									10,429			10,221
RHA Health Services
Pace Health Companies, LLC	First Lien Secured Debt - Term Loan	SOFR+565, 1.00% Floor	08/02/25			1,389		1,381			1,384			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+540, 1.00% Floor	08/02/25			464		463			461			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+540, 1.00% Floor	08/02/25			3,231		3,221			3,209			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+565, 1.00% Floor	08/02/25			195		190			191			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+540, 1.00% Floor	08/02/25			—		(30)			(3)			(8)(9)(20)(21)(23)
									5,225			5,242
Rigel Pharmaceuticals
Rigel Pharmaceuticals, Inc.	First Lien Secured Debt - Term Loan	SOFR+661, 1.50% Floor	09/01/27			3,000		3,019			3,000			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+661, 1.50% Floor	09/01/27			15,000		14,981			15,000			(9)(30)
									18,000			18,000
Sterling Pharma
Saffron Bidco Ltd	First Lien Secured Debt - Term Loan	SOFR+575, 0.75% Floor	09/11/31			13,467		13,216			13,201			(9)(17)(30)(35)
	First Lien Secured Debt - Delayed Draw	SON+575, 0.75% Floor	09/11/31	£		—		(79)			(154)			(8)(9)(17)(21)(23)
									13,137			13,047

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Team Select
TS Investors, LLC	First Lien Secured Debt - Term Loan	SOFR+560, 1.00% Floor		05/04/29			9,526			9,372			9,407			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+560, 1.00% Floor		05/04/29			110			92			76			(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor		05/04/29			—			(4)			(2)			(8)(9)(21)(23)
											9,460			9,481
TELA Bio, Inc.
TELA Bio, Inc.	First Lien Secured Debt - Term Loan	SOFR+635, 1.00% Floor		05/01/27			13,333			13,296			13,333			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+635, 1.00% Floor		05/01/27			—			(1)			-			(9)(23)
											13,295			13,333
TersSera
TerSera Therapeutics LLC	First Lien Secured Debt - Term Loan	SOFR+575, 1.00% Floor		04/04/29			16,750			16,373			16,750			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+575, 1.00% Floor		04/04/29			—			(24)			—			(9)(21)(23)
											16,349			16,750
Treace
Treace Medical Concepts, Inc.	First Lien Secured Debt - Term Loan	SOFR+610, 1.00% Floor		04/01/27			14,583			14,543			14,438			(9)(17)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+610, 1.00% Floor		04/01/27					(3)			(87)			(8)(9)(17)(23)
	First Lien Secured Debt - Revolver	SOFR+410, 1.00% Floor		04/01/27			400			393			370			(9)(17)(21)(23)(27)(30)
											14,933			14,721
Trillium
AHP Timberwolf Bidco Corp.	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		08/06/31			8,125			7,969			7,963			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		08/06/31			—			(35)			(37)			(8)(9)(21)(23)
											7,934			7,926
Unchained Labs
Unchained Labs, LLC	First Lien Secured Debt - Term Loan	SOFR+555, 1.00% Floor		08/09/27			1,868			1,850			1,854			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+555, 1.00% Floor		08/09/27			2,212			2,200			2,195			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+555, 1.00% Floor		08/09/27			—			(6)			(5)			(8)(9)(21)(23)
											4,044			4,044
WellDyneRx, LLC
WelldyneRX, LLC	First Lien Secured Debt - Term Loan	SOFR+685, 0.75% Floor		03/09/27			17,580			17,387			17,228			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+685, 0.75% Floor		03/09/26			—			(12)			(24)			(8)(9)(21)(23)
											17,375			17,204
			Total Healthcare & Pharmaceuticals		$	478,031		$	475,766

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
High Tech Industries
Acronis AG
ACRONIS AG	First Lien Secured Debt - Term Loan	SOFR+595 Cash plus 1.00% PIK, 1.00% Floor	04/01/27	$		27,213	$		27,096		$		27,211			(9)(17)(30)
AGDATA
AGDATA Midco, LLC	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor	07/01/30			2,653			2,615				2,613			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+475, 0.75% Floor	07/01/30			—			(12)				(27)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+475, 0.75% Floor	07/01/30			—			(7)				(8)			(8)(9)(21)(23)
										2,596				2,578
Align
RMCF V CIV L, L.P.	Common Equity - Common Stock	N/A	N/A		241 Shares			500				508			(13)(24)
American Megatrends
AMI Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor	10/17/31			13,095			12,903				12,899			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor	10/17/31			463			435				435			(9)(21)(23)(32)
										13,338				13,334
Anaplan
Anaplan, Inc.	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor	06/21/29			11,301			11,301				11,273			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+575, 0.75% Floor	06/21/28			—			-				(2)			(8)(9)(21)(23)
										11,301				11,271
Avalara
Avalara, Inc.	First Lien Secured Debt - Term Loan	SOFR+625, 0.75% Floor	10/19/28			9,091			9,153				9,091			(31)
	First Lien Secured Debt - Revolver	SOFR+625, 0.75% Floor	10/19/28			—			—				—			(21)(23)
										9,153				9,091
BarTender
Sigma Buyer LLC	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor	01/04/28			13,584			13,339				13,414			(9)(32)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 0.75% Floor	01/04/28			7,273			7,135				7,182			(9)(32)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor	01/04/28			700			672				681			(9)(21)(23)(32)
										21,146				21,277
Beeline
IQN Holding Corp.	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor	05/02/29			4,007			4,007				4,007			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor	05/02/28			126			126				126			(9)(21)(23)(31)
										4,133				4,133

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Biamp
Biamp	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor	04/30/30			873		857			850			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor	04/30/30			—		(2)			(3)			(8)(9)(21)(23)
									855			847
BusPatrol
BusPatrol Holdco	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor	08/02/29			8,333		8,254			8,249			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+600, 1.00% Floor	08/02/29			—		(31)			(33)			(8)(9)(23)
	First Lien Secured Debt - Revolver	SOFR+400, 1.00% Floor	08/02/29			300		286			285			(9)(21)(23)(30)
									8,509			8,501
Calero Holdings, Inc.
Telesoft Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+585, 1.00% Floor	12/16/26			21,648		21,536			21,507			(30)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor	12/16/26			568		557			553			(21)(23)(30)
									22,093			22,060
Carbon6 Technologies, Inc.	Preferred Equity - Preferred Equity	N/A	N/A		280,899 Shares		250			250			(9)(13)
ChyronHego Corporation
ChyronHego Corporation (5)	Preferred Equity - Preferred Equity	N/A	N/A		7,800 Shares		6,000			19,456			(13)(24)
ChyronHego US Holding Corporation (5)	First Lien Secured Debt - Term Loan	SOFR+350, 1.75% Floor	06/30/26			106,406		106,196			106,406			(31)
	First Lien Secured Debt - Revolver	SOFR+600, 1.75% Floor	06/30/26			15,500		15,483			15,500			(20)(21)(23)(31)
	First Lien Secured Debt - Revolver	3.50%	11/14/25	€		—		—			—			(23)
									127,679			141,362
Dairy.com
Momentx Corporation	First Lien Secured Debt - Term Loan	SOFR+585, 1.00% Floor	06/24/27			14,892		14,754			14,594			(9)(31)
	First Lien Secured Debt - Term Loan	SOFR+635, 1.00% Floor	06/24/27			1,343		1,325			1,330			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor	06/24/27			1,257		1,245			1,232			(9)(23)(31)
									17,324			17,156
DigiCert
Dcert Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+400, 0.00% Floor	10/16/26			8,591		8,259			8,275			(10)(30)
	Second Lien Secured Debt - Term Loan	SOFR+700, 0.00% Floor	02/19/29			7,860		7,057			6,406			(10)(30)
									15,316			14,681

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Digital.ai
Digital.ai Software Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor	08/10/28		22,931		22,588			22,475			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor	08/10/28		242		206			194			(9)(21)(23)(31)
								22,794			22,669
ELECTRONICS FOR IMAGING
Electronics for Imaging, Inc.	First Lien Secured Debt - Term Loan	SOFR+500, 0.00% Floor	07/23/28		2,861		2,451			2,335			(10)(31)
G2CI
Evergreen IX Borrower 2023, LLC	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor	09/30/30		7,133		7,133			7,062			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+475, 0.75% Floor	10/01/29		—		—			(8)			(8)(9)(21)(23)
								7,133			7,054
GrayMatter Systems
Genius Bidco LLC	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor	05/01/30		1,334		1,309			1,310			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor	05/01/30			(44)			(87)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor	05/01/30			(21)			(20)			(8)(9)(20)(21)(23)
	Common Equity - Common Stock	N/A	N/A	773 Shares		77			68			(9)(24)
								1,321			1,271
Gtreasury
G Treasury SS LLC	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor	06/29/29		250		246			246			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 1.00% Floor	06/29/29		591		576			582			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 1.00% Floor	12/31/25		—		(20)			(21)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+550, 1.00% Floor	06/29/29		—		(4)			(4)			(8)(9)(21)(23)
								798			803
Inovalon
Inovalon Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+625, 0.75% Floor	11/24/28		6,704		6,597			6,318			(31)
	First Lien Secured Debt - Delayed Draw	SOFR+350, 0.75% Floor	11/24/28		509		504			484			(31)
	Second Lien Secured Debt - Term Loan	SOFR+1050, 0.75% Floor	11/25/33		153		146			132			(31)
								7,247			6,934
Litify
Litify Holdings Inc.	Common Equity - Common Stock	N/A	N/A	217,892 Shares		107			447			(9)(13)
Litify LLC	First Lien Secured Debt - Term Loan	SOFR+660, 1.00% Floor	02/02/29		29,167		28,494			28,657			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+660, 1.00% Floor	02/02/29		—		(17)			(15)			(8)(9)(21)(23)
								28,584			29,089

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Lookout
Lookout, Inc.	First Lien Secured Debt - Term Loan	SOFR+625, 3.00% Floor	06/01/29		5,000		4,977			5,000			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+625, 3.00% Floor	06/01/29		5,000		4,978			5,000			(9)(30)
								9,955			10,000
Modern Campus
Destiny Solutions U.S., Inc.	First Lien Secured Debt - Term Loan	SOFR+560, 1.00% Floor	06/08/26		13,100		12,996			13,100			(19)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+560, 1.00% Floor	06/08/26		12,026		11,913			12,026			(19)(30)
RMCF IV CIV XXXV, L.P.	Common Equity - Common Stock	N/A	N/A	482 Shares		1,000			1,868			(13)
								25,909			26,994
MYCOM
Magnate Holding Corp.	First Lien Secured Debt - Term Loan	SOFR+615, 0.50% Floor	02/28/25		18,748		18,755			18,337			(9)(17)(31)
Naviga
Colonnade Parent Inc (fka Naviga Inc.)	First Lien Secured Debt - Term Loan	7.10%	04/27/24		11,200		11,176			8,848			(9)(14)(18)(31)
	First Lien Secured Debt - Delayed Draw	7.10%	04/27/24		1,926		1,909			1,522			(9)(14)(18)(31)
	First Lien Secured Debt - Revolver	7.10%	04/27/24		500		500			395			(9)(14)(18)(23)(28)(31)
								13,585			10,765
New Era Technology, Inc.
New Era Technology, Inc.	First Lien Secured Debt - Term Loan	SOFR+640, 1.00% Floor	10/31/26		13,773		13,686			13,463			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+640, 1.00% Floor	10/31/26		17,811		17,663			17,410			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+640, 1.00% Floor	10/30/26		1,732		1,720			1,693			(9)(23)(31)
								33,069			32,566
New Relic
Crewline Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+675, 1.00% Floor	11/08/30		5,623		5,573			5,623			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+675, 1.00% Floor	11/08/30		—		—			—			(9)(21)(23)
								5,573			5,623
Omada
Omada Health, Inc.	First Lien Secured Debt - Term Loan	SOFR+710, 2.50% Floor	06/01/28		1,450		1,439			1,450			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+710, 2.50% Floor	06/01/28		—		(10)			—			(9)(23)
	First Lien Secured Debt - Revolver	SOFR+410, 2.50% Floor	06/01/28		5		4			5			(9)(21)(23)(30)
								1,433			1,455

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Pro Vigil
Pro-Vigil Holding Company, LLC	First Lien Secured Debt - Term Loan	SOFR+860, 1.00% Floor	01/11/26	7,700	7,643		7,570		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+860, 1.00% Floor	01/11/26	18,791	18,601		18,419		(9)(21)(23)(31)
						26,244		25,989
Riverbed Technology, Inc.
Riverbed Technology, Inc.	First Lien Secured Debt - Revolver	6.00%	04/03/28	—	(5)		(6)		(8)(14)(21)(23)
Simeio
Simeio Group Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+310 Cash plus 4.00% PIK, 1.00% Floor	02/02/26	8,128	8,105		7,539		(9)(30)
	First Lien Secured Debt - Revolver	SOFR+310 Cash plus 4.00% PIK, 1.00% Floor	02/02/26	884	881		820		(9)(23)(30)
						8,986		8,359
Team LINX, LLC
TeamLINX Buyer, LLC	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor	12/18/30	8,571	8,444		8,443		(9)(30)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor	12/18/30	—	(21)		(21)		(8)(9)(21)(23)
						8,423		8,422
Texada
Texada Software LLC	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor	04/30/30	6,923	6,794		6,802		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 1.00% Floor	04/30/30	—	(18)		(36)		(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+550, 1.00% Floor	04/30/30	—	(18)		(18)		(8)(9)(21)(23)
						6,758		6,748
Uniguest
Uniguest Holdings, Inc	First Lien Secured Debt - Term Loan	SOFR+500, 1.00% Floor	11/27/30	19,841	19,547		19,544		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 1.00% Floor	11/27/30	—	(28)		(30)		(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+500, 1.00% Floor	11/27/30	—	(18)		(18)		(8)(9)(21)(23)
						19,501		19,496
Uplight
Uplight, Inc.	First Lien Secured Debt - Term Loan	SOFR+610, 4.00% Floor	06/01/29	10,000	9,908		9,900		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+610, 4.00% Floor	06/01/29	—	-		(100)		(8)(9)(23)
	First Lien Secured Debt - Revolver	SOFR+360, 4.00% Floor	06/01/29	120	120		110		(9)(21)(23)(30)
						10,028		9,910

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
VikingCloud
Bullcave Limited	First Lien Secured Debt - Term Loan	SOFR+500, 0.75% Floor		08/06/30				29,400				28,981				28,959			(9)(31)
Sysnet North America, Inc.	First Lien Secured Debt - Revolver	SOFR+500, 0.75% Floor		08/06/30				2,947				2,870				2,864			(9)(21)(23)(31)
													31,851				31,823
Wolfspeed
Wolfspeed, Inc.	First Lien Secured Debt - Corporate Bond	10.88%		06/23/30				11,045				10,716				11,045			(9)(17)
Zendesk
Zendesk, Inc.	First Lien Secured Debt - Term Loan	SOFR+500, 0.75% Floor		11/22/28				7,550				7,550				7,531			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+500, 0.75% Floor		11/22/28				—				—				(5)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+500, 0.75% Floor		11/22/28				—				—				(2)			(8)(9)(20)(21)(23)
													7,550				7,524
Zinnia
Zinnia Corporate Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+800, 2.00% Floor		09/23/29				17,647				17,308				17,294			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+800, 2.00% Floor		09/23/29				—				(24)				(47)			(8)(9)(23)
													17,284				17,247
			Total High Tech Industries		$		607,232		$		616,712
Hotel, Gaming, Leisure, Restaurants
CircusTrix
CircusTrix Holdings LLC	First Lien Secured Debt - Term Loan	SOFR+650, 1.00% Floor		07/18/28		$		987		$		968		$		987			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+650, 1.00% Floor		07/18/28				2,388				2,339				2,388			(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+650, 1.00% Floor		07/18/28				1,000				982				1,000			(9)(23)(30)
													4,289				4,375
Guernsey
Guernsey Holdings SDI LA LLC	First Lien Secured Debt - Term Loan	6.95%		11/18/26				1,691				1,684				1,619			(9)
	First Lien Secured Debt - Delayed Draw	SOFR+595, 1.00% Floor		11/18/26				—				(1)				—			(9)(23)
													1,683				1,619
International Cruise & Excursion Gallery, Inc.
Arrivia, Inc. (International Cruise & Excursion Gallery, Inc) (4)	First Lien Secured Debt - Term Loan	6.00%		12/31/28				4,250				9,255				4,183			(14)(30)
	Common Equity - Membership Interests	N/A		N/A			531,312 Shares				4,740				2,143			(13)
													13,995				6,326

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Munson
Munson Buffalo Restaurant Group LLC	First Lien Secured Debt - Term Loan	SOFR+625, 1.00% Floor		05/31/29				3,503				3,456			3,468		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+625, 1.00% Floor		05/31/29				5,510				5,440			5,446		(9)(21)(23)(30)
													8,896			8,914
PARS Group LLC
PARS Group LLC	First Lien Secured Debt - Term Loan	SOFR+685, 1.50% Floor		04/03/28				8,794				8,706			8,662		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+685, 1.50% Floor		04/03/28				—				—			(14)		(8)(9)(23)
													8,706			8,648
Taco Cabana
YTC Enterprises, LLC	First Lien Secured Debt - Term Loan	SOFR+636, 1.00% Floor		08/16/26				8,900				8,858			8,589		(9)(30)
Tasty Chick'n
Tasty Chick'n LLC	First Lien Secured Debt - Term Loan	SOFR+600, 1.00% Floor		05/16/29				11,768				11,607			11,562		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+600, 1.00% Floor		05/16/29				549				540			442		(9)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor		05/16/29				—				(27)			(36)		(8)(9)(23)
													12,120			11,968
			Total Hotel, Gaming, Leisure, Restaurants		$		58,547		$		50,439
Insurance
GoHealth
Norvax, LLC	First Lien Secured Debt - Revolver	SOFR+660, 1.00% Floor		06/30/25		$		539		$		536		$	539		(9)(21)(23)(31)
High Street Insurance
High Street Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor		04/14/28				10,100				9,990			10,049		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 0.75% Floor		04/14/28				19,180				18,990			19,084		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor		04/16/27				—				(17)			(11)		(8)(9)(21)(23)
													28,963			29,122
KCF Puerto Rico, LLC
KCF Puerto Rico, LLC	Secured Debt - Promissory Note	N/A		06/28/28				1,697				700			634		(17)
PGM Holdings Corporation
Turbo Buyer, Inc.	First Lien Secured Debt - Term Loan	SOFR+625, 1.00% Floor		12/02/25				16,681				16,591			16,347		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+625, 1.00% Floor		12/02/25				2,010				1,997			1,970		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+625, 1.00% Floor		12/02/25				462				458			443		(9)(21)(23)(31)
													19,046			18,760
			Total Insurance		$		49,245		$		49,055

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Manufacturing, Capital Equipment
AVAD, LLC
Surf Opco, LLC	First Lien Secured Debt - Term Loan	SOFR+411, 1.00% Floor		09/10/26		$		9,633		$		14,612		$		9,633			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+411, 1.00% Floor		09/10/26				15,677				15,677				15,677			(9)(20)(21)(23)(30)
	Preferred Equity - Class P-1 Preferred	N/A		N/A			13,195 Shares				1,713				3,405			(9)(13)(16)
	Common Equity - Class A-1 Common	N/A		N/A			3,333 Shares				—				375			(9)(13)(16)
													32,002				29,090
Carlisle Fluid Technologies
LSF12 Donnelly Bidco, LLC	First Lien Secured Debt - Term Loan	SOFR+650, 1.00% Floor		10/02/29				14,813				14,499				14,561			(9)(30)
International Wire Group
IW Buyer LLC	First Lien Secured Debt - Term Loan	SOFR+510, 1.00% Floor		06/28/29				2,521				2,472				2,496			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+510, 1.00% Floor		06/28/29				—				(9)				(4)			(8)(9)(20)(21)(23)
													2,463				2,492
JPW
JPW Industries Holding Corporation	First Lien Secured Debt - Term Loan	SOFR+588, 2.00% Floor		11/22/28				2,463				2,463				2,444			(9)(31)
Kauffman
Kauffman Holdco, LLC	Common Equity - Common Stock	N/A		N/A			250,000 Shares				250				43			(9)(13)
Kauffman Intermediate, LLC	First Lien Secured Debt - Term Loan	SOFR+660, 1.00% Floor		05/08/25				16,758				16,723				15,903			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+660, 1.00% Floor		05/08/25				1,246				1,240				1,182			(9)(21)(23)(31)
													18,213				17,128
US MetalCo Holdings
US MetalCo Holdings LLC	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor		10/31/29				13,611				13,347				13,407			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+550, 1.00% Floor		10/31/29				—				(26)				(20)			(8)(9)(21)(23)
													13,321				13,387
			Total Manufacturing, Capital Equipment		$		82,961		$		79,102
Media - Diversified & Production
DHX
WildBrain Ltd.	First Lien Secured Debt - Term Loan	SOFR+600, 0.50% Floor		07/23/29		$		13,486		$		13,235		$		13,250			(9)(17)(31)
	First Lien Secured Debt - Revolver	SOFR+600, 0.50% Floor		07/23/29				217				190				192			(9)(17)(21)(23)(31)
			Total Media – Diversified & Production		$		13,425		$		13,442

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Retail
EG Group
EG Global Finance PLC	First Lien Secured Debt - Corporate Bond	SOFR+750, 0.50% Floor		11/30/28		$		6,267		$		6,436		$		6,564			(17)(31)
PetSmart
PetSmart Inc / PetSmart Finance Corp	Unsecured Debt - Corporate Bond	7.75%		02/15/29				2,000				1,958				1,937			(10)
PetSmart LLC	First Lien Secured Debt - Term Loan	SOFR+375, 0.75% Floor		02/11/28				8,961				8,936				8,942			(10)(30)
													10,894				10,879
			Total Retail		$		17,330		$		17,443
Telecommunications
Cablevision Systems
CSC Holdings, LLC	First Lien Secured Debt - Term Loan	SOFR+450, 0.00% Floor		01/18/28		$		984		$		955		$		967			(10)(17)(30)
	First Lien Secured Debt - Revolver	SOFR+235, 0.00% Floor		07/13/27				77				60				69			(17)(23)(30)
	Unsecured Debt - Corporate Bond	4.13%		12/01/30				2,000				1,408				1,448			(10)(17)
													2,423				2,484
CommScope
Commscope, LLC (f/k/a Commscope, Inc.)	First Lien Secured Debt - Term Loan	SOFR+550, 2.00% Floor		12/17/29				7,046				6,511				7,148			(10)(17)(30)
	First Lien Secured Debt - Corporate Bond	9.50%		12/15/31				54				53				56			(10)(17)
													6,564				7,204
Global Eagle
Anuvu Corp. (fka GEE Acquisition Holdings Corp.)	Common Equity - Common Stock	N/A		N/A			211,026 Shares				—				—			(13)(24)
Anuvu Holdings 2 LLC (fka GEE Holdings 2 LLC)	First Lien Secured Debt - Term Loan	4.00%		09/27/27				4,974				3,971				4,277			(14)(31)
	First Lien Secured Debt - Term Loan	8.25%		03/23/26				4,770				2,221				1,431			(14)
													6,192				5,708
MCA
Mobile Communications America, Inc.	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		10/16/29				2,475				2,422				2,469			(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor		10/16/29				1,648				1,561				1,626			(9)(21)(23)(30)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		10/16/29				340				312				336			(9)(21)(23)(31)
													4,295				4,431
Mitel Networks
MLN US Holdco LLC	First Lien Secured Debt - Term Loan	6.44%		10/18/27				1,021				899				745			(14)(17)(31)
	Second Lien Secured Debt - Term Loan	6.70%		10/18/27				6,092				2,912				914			(14)(17)
													3,811				1,659

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Securus Technologies Holdings, Inc.
Securus Technologies Holdings, Inc.	Second Lien Secured Debt - Term Loan	1.26%		11/01/25				7,998				7,703			4,719		(14)(31)
			Total Telecommunications		$		30,988		$		26,205
Transportation - Cargo, Distribution
Beacon Mobility
Beacon Mobility Corp.	First Lien Secured Debt - Term Loan	SOFR+635, 1.00% Floor		12/31/25		$		12,767		$		12,741		$	12,684		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+635, 1.00% Floor		12/31/25				23,833				23,854			23,678		(9)(30)
	First Lien Secured Debt - Revolver	SOFR+635, 0.00% Floor		12/31/25				2,146				2,126			2,120		(9)(20)(21)(23)(28)
	First Lien Secured Debt - Revolver	4.10%		05/22/25				—				—			—		(9)(23)
													38,721			38,482
Boasso
Channelside AcquisitionCo, Inc. (fka Gruden Acquisition, Inc.)	First Lien Secured Debt - Term Loan	SOFR+475, 0.75% Floor		06/30/28				3,542				3,534			3,533		(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+475, 0.75% Floor		06/30/28				—				—			—		(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+475, 0.75% Floor		07/01/26				—				(1)			(1)		(8)(9)(20)(21)(23)
													3,533			3,532
Camin Cargo
Camin Cargo Control Holdings, Inc.	First Lien Secured Debt - Term Loan	SOFR+550, 1.00% Floor		12/07/29				990				971			978		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+550, 1.00% Floor		12/07/29				—				(26)			(35)		(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+550, 1.00% Floor		12/07/29				553				534			542		(9)(21)(23)(28)(31)
													1,479			1,485
Heniff and Superior
Heniff Holdco, LLC	First Lien Secured Debt - Term Loan	SOFR+585, 1.00% Floor		12/03/26				29,133				28,940			28,987		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor		12/03/26				2,584				2,576			2,564		(9)(20)(21)(23)(30)
													31,516			31,551
IronClad
Ironhorse Purchaser, LLC	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		09/30/27				3,037				2,991			2,976		(9)(30)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor		09/30/27				—				(21)			(29)		(8)(9)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		09/30/27				157				150			147		(9)(20)(21)(23)(30)
													3,120			3,094

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
Meritus Gas Partners
MGP Holdings III Corp.	First Lien Secured Debt - Term Loan	SOFR+525, 1.00% Floor		03/01/30				7,846				7,706					7,729			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 1.00% Floor		03/01/30				963				943					944			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+525, 1.00% Floor		03/01/30				183				170					171			(9)(21)(23)(28)(31)
													8,819					8,844
Olympus Terminals
Olympus Terminals Holdco II LLC	First Lien Secured Debt - Term Loan	SOFR+525, 0.75% Floor		12/17/30				18,627				18,255					18,255			(9)(16)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+525, 0.75% Floor		12/17/30				—				(34)					(34)			(8)(9)(16)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+525, 0.75% Floor		12/17/30				—				(59)					(59)			(8)(9)(16)(21)(23)
													18,162					18,162
			Total Transportation – Cargo, Distribution		$		105,350		$		105,150
Utilities - Electric
Congruex
Congruex Group LLC	First Lien Secured Debt - Term Loan	SOFR+165 Cash plus 5.00% PIK, 0.75% Floor		05/03/29		$		14,923		$		14,688			$		11,612			(9)(10)(31)
			Total Utilities – Electric		$		14,688		$		11,612
Wholesale
Ambrosia Buyer Corp.
Ambrosia Buyer Corp.	Common Equity - Common Stock	N/A		N/A			152,029 Shares		$		11,961			$		—			(13)(24)
	Unsecured Debt - Term Loan	11% PIK		12/15/31				363				2,672					96			(14)
	Warrants - Warrants	N/A		N/A			58,773 Shares				576					—
													15,209					96
Banner Solutions
Banner Buyer, LLC	First Lien Secured Debt - Term Loan	SOFR+590 Cash plus 0.50% PIK, 1.00% Floor		10/31/25				11,968				11,929					11,692			(9)(31)
	First Lien Secured Debt - Delayed Draw	SOFR+590 Cash plus 0.50% PIK, 1.00% Floor		10/31/25				2,921				2,910					2,854			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+590 Cash plus 0.50% PIK, 1.00% Floor		10/31/25				388				381					343			(9)(21)(23)(31)
Banner Parent Holdings, Inc.	Common Equity - Common Stock	N/A		N/A			6,125 Shares				613					140			(9)(13)
													15,833					15,029

Industry/Company · Investment Type · Interest Rate (6) · Maturity Date · Par/Shares (2) · Cost (37) · Fair Value (1)(38)
ORS Nasco
WC ORS Buyer, Inc.	First Lien Secured Debt - Term Loan		SOFR+500, 0.75% Floor			08/07/31				25,281					24,918				24,902			(9)(31)
	First Lien Secured Debt - Delayed Draw		SOFR+500, 0.75% Floor			08/07/31				—					(34)				(72)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver		SOFR+500, 0.75% Floor			08/07/31				1,255					1,187				1,183			(9)(21)(23)(30)(31)
WC ORS Holdings, L.P.	Common Equity - Common Stock		N/A			N/A			100,000 Shares					100				103			(9)(24)
																26,171				26,116
PSE
Graffiti Buyer, Inc.	First Lien Secured Debt - Term Loan		SOFR+560, 1.00% Floor			08/10/27				10,858					10,732				10,696			(9)(31)
	First Lien Secured Debt - Delayed Draw		SOFR+560, 1.00% Floor			08/10/27				3,663					3,619				3,553			(9)(21)(23)(30)(31)
	First Lien Secured Debt - Revolver		SOFR+560, 1.00% Floor			08/10/27				828					815				808			(9)(21)(23)(30)(31)
Graffiti Parent, LP	Common Equity - Common Stock		N/A			N/A			2,439 Shares					244				296			(9)(13)
																15,410				15,353
Thomas Scientific
BSP-TS, LP	Preferred Equity - Preferred Equity		N/A			N/A			30 Shares					25				28			(9)(13)(24)
	Common Equity - Common Stock		N/A			N/A			185 Shares					185				97			(9)(13)
Thomas Scientific, LLC	First Lien Secured Debt - Term Loan		SOFR+340 Cash plus 4.50% PIK, 1.00% Floor			12/14/27				31,448					31,083				30,746			(9)(31)
	First Lien Secured Debt - Revolver		SOFR+335 Cash plus 4.50% PIK, 1.00% Floor			12/14/27				2,239					2,209				2,176			(9)(20)(21)(23)(31)
																33,502				33,047
Universal Air Conditioner
Cool Acquisition Holdings, LP	Common Equity - Common Stock		N/A			N/A			137,931 Shares					138				138			(9)(24)
Cool Buyer, Inc.	First Lien Secured Debt - Term Loan		SOFR+475, 1.00% Floor			10/31/30				13,333					13,138				13,133			(9)(31)
	First Lien Secured Debt - Delayed Draw		SOFR+475, 1.00% Floor			10/31/30				—					(22)				(23)			(8)(9)(21)(23)
	First Lien Secured Debt - Revolver		SOFR+475, 1.00% Floor			10/31/30				—					(53)				(55)			(8)(9)(21)(23)
																13,201				13,193
				Total Wholesale			$		119,326			$		102,834
Total Investments before Cash Equivalents				$		3,177,397			$		3,014,416
J.P. Morgan U.S. Government Money Market Fund		N/A		N/A				147			$		147			$	147			(36)
Goldman Sachs Financial Square Government Fund		N/A		N/A				2,663			$		2,663			$	2,663			(36)
Total Investments after Cash Equivalents					$		3,180,207			$		3,017,226			(7)(12)

(1)

Fair value is determined in good faith subject to the oversight of the Board of Directors of the Company (See Note 2 to the consolidated financial statements).

(2)

Par amount is denominated in USD unless otherwise noted, and represents funded commitments. See Note 23 in the Consolidated Schedule of Investments and Note 9 to the consolidated financial statements for further information on undrawn revolving and delayed draw loan commitments, including commitments to issue letters of credit through a financial intermediary on behalf of certain portfolio companies.

(3)

Denotes investments in which the Company owns greater than 25% of the equity, where the governing documents of each entity preclude the Company from exercising a controlling influence over the management or policies of such entity. The Company does not have the right to elect or appoint more than 25% of the directors or another party has the right to elect or appoint more directors than the Company and has the right to appoint certain members of senior management. Therefore, the Company has determined that these entities are not controlled affiliates. As of December 31, 2024 we had a 100% equity ownership interest in Golden Bear 2016-R, LLC, a collateralized loan obligation.

(4)

Denotes investments in which we are an “Affiliated Person,” as defined in the Investment Company Act of 1940, as amended (the "1940 Act"), due to holding the power to vote or owning 5% or more of the outstanding voting securities of the investment but not controlling the company. Fair value as of December 31, 2023 and December 31, 2024 along with transactions during the year ended December 31, 2024 in these affiliated investments are as follows:

Name of Issuer · Fair Value at December 31, 2023 · Gross Additions ● · Gross Reductions ■ · Net Change in Unrealized Gains (Losses) · Fair Value at December 31, 2024 · Net Realized Gains (Losses) · Interest/Dividend/Other Income
1244311 B.C. Ltd.,Common Stock	$	1,087	$	—	$	—	$	(885)	$	202	$	—	$	—
1244311 B.C. Ltd.,Term Loan		3,740		168		(4,016)		107		—		—		271
Carbonfree Chemicals Holdings LLC,Common Equity / Interest		18,727		—		—		206		18,933		—		—
FC2 LLC,Common Stock		—		—		—		—		—		—		—
FC2 LLC,Term Loan		12,501		—		—		(41)		12,459		—		812
Golden Bear 2016-R, LLC,Membership Interests		10,712		21		(1,698)		700		9,736		—		726
Pelican Energy, LLC,Membership Interests		140		—		(134)		11,662		—		(11,668)		—
Auto Pool 2023 Trust (Del. Stat. Trust) ,Membership Interests		30,621		2,533		(7,206)		(9,582)		16,366		—		—
Blue Jay Transit Inc.,Term Loan		—		22,140		(2,464)		264		19,940		—		1,737
Blue Jay Transit Inc.,Unfunded Delayed Draw		—		—		—		—		—		—		—
Bird Scooter Acquisition Corp.,Common Stock		—		366		—		6		373		—		4
Arrivia, Inc. (International Cruise & Excursion Gallery, Inc),Membership Interests		—		4,740		—		(2,598)		2,144		—		—
Arrivia, Inc. (International Cruise & Excursion Gallery, Inc),Term Loan		—		9,255		—		(5,071)		4,183		—		—
	$	77,528	$	39,223	$	(15,518)	$	(5,232)	$	84,334	$	(11,668)	$	3,551

Gross additions includes increases in the basis of investments resulting from new portfolio investments, payment-in-kind interest or dividends, 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.

Gross reductions include decreases in the basis of investments resulting from principal collections related to investment repayments or sales, the amortization of premiums, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company out of this category into a different category.

(5)

Denotes investments in which we are deemed to exercise a controlling influence over the management or policies of a company, as defined in the 1940 Act, due to beneficially owning, either directly or through one or more controlled companies, more than 25% of the outstanding voting securities of the investment. Fair value as of December 31, 2023 and December 31, 2024 along with transactions during the year ended December 31, 2024 in these controlled investments are as follows:

Name of Issuer · Fair Value at December 31, 2023 · Gross Additions ● · Gross Reductions ■ · Net Change in Unrealized Gains (Losses) · Fair Value at December 31, 2024 · Net Realized Gains (Losses) · Interest/Dividend/Other Income
Majority Owned Company
ChyronHego US Holding Corporation	$	1,300	$	14,183	$	—	$	17	$	15,500	$	—	$	747
ChyronHego US Holding Corporation		106,906		—		(494)		(6)		106,406		—		9,505
ChyronHego US Holding Corporation		—		—		—		—		—		—		—
ChyronHego Corporation		20,628		—		—		(1,172)		19,456		—		—
Merx Aviation Finance, LLC		—		—		—		—		—		—		—
Merx Aviation Finance, LLC		117,043		—		—		6,772		123,815		—		—
Merx Aviation Finance, LLC		74,076		(0)		(14,500)		0		59,576		—		6,624
MSEA Tankers LLC		45		—		(91)		15,746		—		(15,700)		—
Controlled Company
SHD Oil & Gas, LLC		346		—		(79)		43,108		—		(43,376)		—
SHD Oil & Gas, LLC		—		—		—		1,411		—		(1,411)		—
	$	320,344	$	14,183	$	(15,164)	$	65,876	$	324,753	$	(60,487)	$	16,876

As of December 31, 2024, the Company had a 87% and 100% equity ownership interest in ChyronHego Corporation and Merx Aviation Finance, LLC, respectively.

(6)

Unless otherwise indicated, loans contain a variable rate structure, and the terms in the Consolidated Schedule of Investments disclose the actual interest rate in effect as of the reporting period which may be subject to interest floors. Variable rate loans bear interest at a rate that may be determined by reference to the Secured Overnight Financing Rate (“SOFR” or “S”) or an alternate base rate (which can include but is not limited to LIBOR, the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement. Certain borrowers may elect to borrow Prime rate on select contracts and switch to an alternative base rate contract in the future.

(7)

Substantially all securities are pledged as collateral to the Company's credit facilities (see Note 7 to the consolidated financial statements). For investments that are pledged to the Company's credit facilities, a single investment may be divided into parts that are individually pledged as collateral to separate credit facilities. As such, these securities are not available as collateral to our general creditors.

(8)

The negative fair value is the result of the commitment being valued below par.

(9)

These are co-investments made with the Company’s affiliates in accordance with the terms of the exemptive order the Company received from the Securities and Exchange Commission (the “SEC”) permitting us to do so. (See Note 4 to the consolidated financial statements for discussion of the exemptive order from the SEC.)

(10)

Other than the investments noted by this footnote, the fair value of the Company’s investments is determined using unobservable inputs that are significant to the overall fair value measurement. See Note 2 to the consolidated financial statements for more information regarding ASC 820, Fair Value Measurements (“ASC 820”).

(11)

The investment have a maturity date prior to the end of the current period. Additional proceeds are expected from Solarplicity Group after the resolution of bankruptcy proceedings, or other corporate actions, at each respective issuer.

(12)

Aggregate gross unrealized gain and loss for federal income tax purposes is $38,550 and $259,520, respectively. Net unrealized loss is $220,970 based on a tax cost of $3,235,403.

(13)

Non-income producing security.

(14)

Non-accrual status (See Note 2 to the consolidated financial statements).

(15)

The underlying investment of AIC SPV Holdings II, LLC is a securitization in which the Company owns preferred shares representing 14.25% economic interest.

(16)

AIC SB Holdings LLC, AP Surf Investments, LLC, and MFIC Poseidon SPV LLC are wholly-owned special purpose vehicles which only hold investments of the underlying portfolio companies and have no other significant assets or liabilities. AP Surf Investments, LLC holds equity investments in Surf Opco, LLC. AIC SB Holdings LLC holds equity investments in Gainline Galaxy Holdings LLC. MFIC Poseidon SPV LLC holds investments in Olympus Terminals.

(17)

Investments that the Company has determined are not “qualifying assets” under Section 55(a) of the 1940 Act. Under the 1940 Act, we may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. The status of these assets under the 1940 Act is subject to change. The Company monitors the status of these assets on an ongoing basis. As of December 31, 2024, non-qualifying assets represented approximately 8.5% of the total assets of the Company.

(18)

These investments have a maturity date prior to the end of the current period. The final terms of an extension, restructuring or exit are still under negotiation with the respective portfolio company.

(19)

In addition to the interest earned based on the stated rate of this loan, the Company may be entitled to receive additional interest as a result of its arrangement with other lenders in a syndication.

(20)

As of December 31, 2024, there were letters of credit issued and outstanding through the Company under this first lien senior secured revolving loan.

(21)

The undrawn portion of these committed revolvers and delayed draw term loans includes a commitment and unused fee rate.

(22)

A letter of credit associated with this investment has been issued through the Company’s Senior Secured Facility. In the event of draw of funds the related funding would be pro-rated for all existing lenders in the investment.

(23)

As of December 31, 2024, the Company had the following commitments to fund various revolving and delayed draw senior secured and subordinated loans, including commitments to issue letters of credit through a financial intermediary on behalf of certain portfolio companies. Such commitments are subject to the satisfaction of certain conditions set forth in the documents governing these loans and letters of credit and there can be no assurance that such conditions will be satisfied. See Note 9 to the consolidated financial statements for further information on revolving and delayed draw loan commitments, including commitments to issue letters of credit, related to certain portfolio companies.

Name of Issuer · Total Commitment · Drawn Commitment · Letters of Credit ** · Undrawn Commitment
ACP Avenu Buyer, LLC	$	3,999	$	167	$	—	$	3,832
AGDATA Midco, LLC		2,334		—		—		2,334
AHP Timberwolf Bidco Corp.		1,875		—		—		1,875
AMI Buyer, Inc.		1,905		463		—		1,442
Accelerate360 Holdings, LLC		2,545		1,382		—		1,163
Acentra Holdings, LLC (fka CNSI Holdings, LLC)		2,000		213		—		1,787
Alcami Corporation		1,096		82		—		1,014
Alcresta Therapeutics Inc.		7,529		—		—		7,529
All Star Recruiting Locums, LLC		3,043		217		—		2,826
Alpinex Opco, LLC		1,489		1,102		—		387
American Restoration Holdings, LLC		3,285		389		—		2,896
Anaplan, Inc.		699		—		—		699
Aspen Aerogels, Inc.		100		43		—		57
Athlete Buyer, LLC		5,437		3,292		181		1,964
August Bioservices, LLC		500		—		—		500
Avalara, Inc.		909		—		—		909
Banner Buyer, LLC		1,936		388		—		1,548
Beacon Mobility Corp.		59,146		2,146		4,842		52,158
Berner Food & Beverage, LLC		2,881		—		—		2,881
Biamp		120		—		—		120
Bingo Group Buyer, Inc.		2,973		25		—		2,948
Blue Jay Transit Inc.		667		—		—		667
BusPatrol Holdco		4,833		300		—		4,533
CRS Holdings, Inc.		8,000		—		125		7,875
CSC Holdings, LLC		100		77		—		23
Camin Cargo Control Holdings, Inc.		4,000		553		—		3,447
Cave Enterprises Operations, LLC		1,333		—		—		1,333
Celerion Buyer, Inc.		1,918		—		—		1,918
Cerus Corporation		5,000		415		—		4,585
Channelside AcquisitionCo, Inc. (fka Gruden Acquisition, Inc.)		396		—		73		323
ChyronHego US Holding Corporation		20,633		15,500		3,212		1,921
ChyronHego US Holding Corporation*		1,578		—		—		1,578
CircusTrix Holdings LLC		1,600		1,000		—		600
Club Car Wash Operating, LLC		7,875		—		—		7,875
Club Champion LLC		1,808		663		—		1,145
Colonnade Parent Inc (fka Naviga Inc.)		500		500		—		—
Compu-Link Corporation (dba Celink)		2,883		—		—		2,883
Cool Buyer, Inc.		6,667		—		—		6,667
Coretrust Purchasing Group LLC (HPG Enterprises LLC)		1,805		—		—		1,805
Crewline Buyer, Inc.		377		—		—		377
Digital.ai Software Holdings, Inc.		2,419		242		—		2,177
Distinct Holdings Inc		1,758		—		—		1,758
Eagle Purchaser, Inc.		1,105		658		—		447
Eldrickco Limited*		3,693		445		—		3,248
EmpiRx Health LLC		909		—		227		682
Evergreen IX Borrower 2023, LLC		795		—		—		795
Evoriel*		811		—		—		811
ExactCare Parent, Inc.		1,967		—		—		1,967

Name of Issuer	Total Commitment	Drawn Commitment	Letters of Credit **	Undrawn Commitment
Excelligence Learning Corporation	2,466	148	259	2,059
G Treasury SS LLC	1,659	—	—	1,659
G&A Partners Holding Company II, LLC	6,184	—	—	6,184
GAT-Airline Ground Support Inc	3,810	—	—	3,810
GI Apple Midco LLC	1,262	214	41	1,007
GS SEER Group Borrower LLC	1,028	—	—	1,028
Gabriel Partners, LLC	665	338	—	327
Gateway US Holdings, Inc.	1,416	—	—	1,416
Generator Buyer, Inc.*	3,360	—	27	3,333
Genius Bidco LLC	6,160	—	77	6,083
Go Car Wash Management Corp.	417	—	—	417
Graffiti Buyer, Inc.	4,973	828	—	4,145
Green Grass Foods, Inc.	1,250	—	—	1,250
Guernsey Holdings SDI LA LLC	1,167	—	—	1,167
HEF Safety Ultimate Holdings, LLC	7,500	710	—	6,790
HRO (Hero Digital) Holdings, LLC	2,579	2,545	31	3
Health Management Associates Superholdings, Inc.	640	135	5	500
Heniff Holdco, LLC	3,925	2,584	164	1,177
Heritage Environmental Services, Inc.	242	—	4	238
High Street Buyer, Inc.	2,203	—	—	2,203
Hive Intermediate, LLC	2,326	843	—	1,483
HomeRenew Buyer, Inc.	2,161	2,161	—	—
IQN Holding Corp.	321	126	—	195
IW Buyer LLC	393	—	9	384
Ironhorse Purchaser, LLC	1,932	157	15	1,760
JF Acquisition, LLC	1,569	879	—	690
Jacent Strategic Merchandising	3,500	1,564	—	1,936
KL Charlie Acquisition Company	6,962	—	—	6,962
Kauffman Intermediate, LLC	1,248	1,246	—	2
Kure Pain Holdings, Inc.	2,654	—	—	2,654
LS Clinical Services Holdings, Inc.	1,875	1,609	—	266
Lash OpCo, LLC	1,673	1,673	—	—
LendingPoint LLC	15,904	—	—	15,904
Lifelong Learner Holdings, LLC	597	537	—	60
Litify LLC	833	—	—	833
Lotus Topco Inc.	2,059	—	—	2,059
Lunar Buyer, LLC	10,909	455	—	10,454
M&M OPCO, LLC	238	—	—	238
MGP Holdings III Corp.	1,126	183	—	943
Marlin DTC-LS Midco 2, LLC	685	—	—	685
Maxor National Pharmacy Services, LLC	1,530	—	—	1,530
Medical Guardian, LLC	3,810	—	—	3,810
Merx Aviation Finance, LLC	59,575	59,575	—	—
Midwest Vision Partners Management, LLC	612	612	—	—
Mobile Communications America, Inc.	8,345	340	—	8,005
Momentx Corporation	1,257	1,257	—	—
Munson Buffalo Restaurant Group LLC	947	—	—	947
NPPI Buyer, LLC	7,895	—	—	7,895
New Era Technology, Inc.	1,732	1,732	—	—
Norvax, LLC	1,591	539	—	1,052
OMH-Healthedge Holdings, Inc.	1,075	—	—	1,075
Olympus Terminals Holdco II LLC	6,373	—	—	6,373
Omada Health, Inc.	1,550	5	—	1,545
Omnimax International, LLC	4,720	—	—	4,720
Origami Opportunities Fund III, L.P.	3,333	—	—	3,333

Name of Issuer	Total Commitment	Drawn Commitment	Letters of Credit **	Undrawn Commitment
Orion Buyer, LLC	3,081	280	—	2,801
PARS Group LLC	952	—	—	952
PHOENIX YW BUYER, INC.	1,136	—	—	1,136
PHS Buyer, Inc.	2,000	1,441	—	559
PMA Parent Holdings, LLC	987	—	—	987
Pace Health Companies, LLC	1,400	—	118	1,282
Paladone Group Bidco Limited	1,412	659	—	753
Paladone Group Bidco Limited*	442	442	—	—
Patriot Foods Buyer, Inc.	750	—	—	750
Pave America Interco, LLC (f/k/a Pavement Partners Interco, LLC)	1,995	1,371	—	624
Pavement Preservation Acquisition, LLC	1,293	—	—	1,293
Poly-Wood, LLC	818	—	—	818
Precision Refrigeration & Air Conditioning LLC	2,273	1,932	—	341
Pro-Vigil Holding Company, LLC	3,248	—	—	3,248
Project Comfort Buyer, Inc.	1,731	—	—	1,731
Protein For Pets Opco, LLC	896	—	—	896
Purchasing Power Funding I, LLC	9,113	2,825	—	6,288
R.F. Fager Company, LLC	2,063	—	—	2,063
RHI Acquisition LLC	2,495	—	—	2,495
Rarebreed Veterinary Partners, Inc.	12,930	—	—	12,930
Regis Corporation	4,167	721	625	2,821
Riverbed Technology, Inc.	160	—	—	160
RoC Holdco LLC	2,195	—	—	2,195
Roscoe Medical, Inc	819	492	—	327
SEV Intermediate Holdco, LLC	1,667	633	—	1,034
SI Holdings, Inc.	4,246	—	—	4,246
Saffron Bidco Ltd*	7,697	—	—	7,697
Shelby 2021 Holdings Corp.	3,933	—	—	3,933
Sigma Buyer LLC	1,500	700	—	800
Simeio Group Holdings, Inc.	884	884	—	—
Smith Topco, Inc.	1,128	—	—	1,128
Surf Opco, LLC	23,333	15,677	667	6,989
Sysnet North America, Inc.	5,526	2,947	—	2,579
TCW Midco LLC	5,000	—	—	5,000
TELA Bio, Inc.	3,333	—	—	3,333
THLP CO. LLC	4,494	1,921	182	2,391
TS Investors, LLC	2,796	—	—	2,796
Tasty Chick'n LLC	7,614	—	—	7,614
TeamLINX Buyer, LLC	1,429	—	—	1,429
Telesoft Holdings, LLC	2,273	568	—	1,705
TerSera Therapeutics LLC	1,395	—	—	1,395
Texada Software LLC	3,077	—	—	3,077
The North Highland Company LLC	1,935	161	—	1,774
Thomas Scientific, LLC	2,963	2,239	296	428
Traffic Management Solutions, LLC	7,621	121	—	7,500
Treace Medical Concepts, Inc.	11,750	400	—	11,350
Trench Plate Rental Co.	1,818	1,427	125	266
Truck-Lite Co., LLC	533	—	—	533
Turbo Buyer, Inc.	923	462	—	461
US MetalCo Holdings LLC	1,320	—	—	1,320
USLS Acquisition, Inc.	1,608	804	73	731
Ultra Clean Holdco LLC	8,071	—	—	8,071
Unchained Labs, LLC	726	—	—	726
Uniguest Holdings, Inc	5,159	—	—	5,159
Uplight, Inc.	11,000	120	—	10,880

Name of Issuer · Total Commitment · Drawn Commitment · Letters of Credit ** · Undrawn Commitment
Village Pet Care, LLC		5,250		800		—		4,450
Vixxo Corporation		1,250		—		—		1,250
WC ORS Buyer, Inc.		9,655		1,255		—		8,400
WH BorrowerCo, LLC		10,652		1,223		—		9,429
WelldyneRX, LLC		1,923		—		—		1,923
WildBrain Ltd.		1,446		217		—		1,229
Zendesk, Inc.		2,603		—		5		2,598
Zephyr Buyer, L.P.		3,952		—		—		3,952
Zinnia Corporate Holdings, LLC		2,353		—		—		2,353
Total Commitments	$	641,639	$	155,979	$	11,383	$	474,277

*These investments are in a foreign currency and the total commitment has been converted to USD using the December 31, 2024 exchange rate.

**For all letters of credit issued and outstanding on December 31, 2024, $8,169 will expire in 2025 and $3,214 will expire in 2026.

(24)

Securities that are exempt from registration under the Securities Act of 1933 (the “Securities Act”), and may be deemed to be “restricted securities” under the Securities Act. As of December 31, 2024, the aggregate fair value of these securities is $168,016 or 12% of the Company's net assets. The acquisition dates of the restricted securities are as follows:

Issuer	Investment Type	Acquisition Date
1244311 B.C. Ltd.	Common Equity - Common Stock	9/30/2020
Acosta Holdings Corp.*	Preferred Equity - Preferred Equity	7/22/2024
Alcresta Holdings, LP	Preferred Equity - Preferred Equity	3/12/2024
Ambrosia Buyer Corp.	Common Equity - Common Stock	2/1/2024
Anuvu Corp. (fka GEE Acquisition Holdings Corp.)*	Common Equity - Common Stock	7/22/2024
Arrivia, Inc. (International Cruise & Excursion Gallery, Inc)	Common Equity - Membership Interests	12/31/2024
Bird Scooter Acquisition Corp.	Common Equity - Common Stock	3/22/2024
BSP-TS, LP	Preferred Equity - Preferred Equity	12/23/2024
Carbonfree Chemicals Holdings LLC	Common Equity - Common Equity / Interest	11/1/2019
Carestream Health Holdings, Inc.*	Common Equity - Common Stock	7/22/2024
ChyronHego Corporation	Preferred Equity - Preferred Equity	12/29/2020
Cool Acquisition Holdings, LP	Common Equity - Common Stock	10/31/2024
FC2 LLC	Common Equity - Common Stock	10/14/2022
Fortress Credit BSL Limited 2021-3	Asset Backed Security - CLO Debt	7/22/2024
Fortress Credit Opportunities CLO LLC 2024-25	Asset Backed Security - CLO Debt	11/12/2024
Genius Bidco LLC	Common Equity - Common Stock	5/1/2024
Merx Aviation Finance, LLC	Common Equity - Membership Interests	9/1/2022
RMCF V CIV L, L.P.	Common Equity - Common Stock	9/5/2024
TVG Orion Blocker, Inc.	Common Equity - Common Stock	7/18/2024
WC ORS Holdings, L.P.	Common Equity - Common Stock	8/7/2024

*Securities acquired as part of the AFT and AIF mergers on July 22, 2024.

(25)

The Company has approximately 22.5% ownership interest in the Auto Pool 2023. Auto Pool 2023 Trust holds underlying assets that consist of a pool of retail auto loans and residual interests in auto loan trusts. The Company also continues to have an interest in any residual assets from the bankruptcy proceedings related to U.S. Auto Finance.

(26)

Common shares in 1244311 B.C. Ltd. are CAD denominated equity investments. Preferred and ordinary shares in Solarplicity UK Holdings Limited are GBP denominated equity investments.

(27)

Treace Medical Concepts, Inc. is subject to an interest rate cap. The investment is capped at the lesser of stated interest rate and 3.00% plus the applicable margin.

(28)

The interest rate on these loans is subject to Prime, which as of December 31, 2024 was 7.50%.

(29)

The interest rate on these loans is subject to SONIA, which as of December 31, 2024 was 4.70%.

(30)

The interest rate on these loans is subject to 1 month SOFR, which as of December 31, 2024 was 4.33%.

(31)

The interest rate on these loans is subject to 3 months SOFR, which as of December 31, 2024 was 4.31%.

(32)

The interest rate on these loans is subject to 6 months SOFR, which as of December 31, 2024 was 4.25%.

(33)

The interest rate on these loans is subject to 1 month CORRA, which as of December 31, 2024 was 4.25%.

(34)

The interest rate on these loans is subject to 3 months EURIBOR, which as of December 31, 2024 was 2.71%.

(35)

The interest rate on these loans is subject to 6 months EURIBOR, which as of December 31, 2024 was 2.57%.

(36)

This security is included in the Cash and Cash Equivalents on the Consolidated Statements of Assets and Liabilities.

(37)

The following shows the composition of the Company’s portfolio at cost by control designation, investment type and industry as of December 31, 2024:

Industry · First Lien - Secured Debt · Second Lien - Secured Debt · Unsecured Debt · Structured Products and Other · Preferred Equity · Common Equity/Interests · Warrants · Total
Non-Controlled / Non-Affiliated Investments
Advertising, Printing & Publishing	$	62,883	$	—	$	—	$	—	$	473	$	510	$	—	$	63,866
Automotive		39,271		—		—		—		—		24,068		—		63,339
Aviation and Consumer Transport		29,202		—		—		—		—		—		—		29,202
Beverage, Food & Tobacco		90,488		—		—		—		448		1,534		—		92,470
Business Services		304,602		5,636		—		—		11		2,929		—		313,178
Chemicals, Plastics & Rubber		69,239		—		—		—		—		—		—		69,239
Construction & Building		109,436		—		—		—		—		—		—		109,436
Consumer Goods – Durable		11,027		—		—		—		—		108		—		11,135
Consumer Goods – Non-durable		153,567		—		—		—		493		2,233		—		156,293
Consumer Services		139,730		—		—		—		—		—		—		139,730
Containers, Packaging & Glass		21,660		—		—		—		—		—		—		21,660
Diversified Investment Vehicles, Banking, Finance, Real Estate		148,364		—		—		15,028		534		17,146		—		181,072
Energy – Electricity		7,231		—		—		—		5,623		4		—		12,858
Environmental Industries		2,030		—		—		—		—		—		—		2,030
Healthcare & Pharmaceuticals		476,831		—		21		—		499		291		389		478,031
High Tech Industries		470,416		7,203		—		—		250		1,684		—		479,553
Hotel, Gaming, Leisure, Restaurants		44,552		—		—		—		—		—		—		44,552
Insurance		49,245		—		—		—		—		—		—		49,245
Manufacturing, Capital Equipment		80,998		—		—		—		1,713		250		—		82,961
Media – Diversified & Production		13,425		—		—		—		—		—		—		13,425
Retail		15,372		—		1,958		—		—		—		—		17,330
Telecommunications		18,965		10,615		1,408		—		—		—		—		30,988
Transportation – Cargo, Distribution		105,350		—		—		—		—		—		—		105,350
Utilities – Electric		14,688		—		—		—		—		—		—		14,688
Wholesale		102,812		—		2,672		—		25		13,241		576		119,326
Total Non-Controlled / Non-Affiliated Investments	$	2,581,384	$	23,454	$	6,059	$	15,028	$	10,069	$	63,998	$	965	$	2,700,957
Non-Controlled / Affiliated Investments
Aviation and Consumer Transport	$	19,676	$	—	$	—	$	—	$	—	$	366	$	—	$	20,042
Chemicals, Plastics & Rubber		12,501		—		—		—		—		56,505		—		69,006
Consumer Goods – Durable		—		—		—		—		—		1,000		—		1,000
Consumer Services		—		—		—		—		—		—		—		—
Diversified Investment Vehicles, Banking, Finance, Real Estate		—		—		—		38,643		—		—		—		38,643
Hotel, Gaming, Leisure, Restaurants		9,255		—		—		—		—		4,740		—		13,995
Total Non-Controlled / Affiliated Investments	$	41,432	$	—	$	—	$	38,643	$	—	$	62,611	$	—	$	142,686

Industry · First Lien - Secured Debt · Second Lien - Secured Debt · Unsecured Debt · Structured Products and Other · Preferred Equity · Common Equity/Interests · Warrants · Total
Controlled Investments
Aviation and Consumer Transport	$	59,575	$	—	$	—	$	—	$	—	$	146,500	$	—	$	206,075
High Tech Industries		121,679		—		—		—		6,000		—		—		127,679
Total Controlled Investments	$	181,254	$	—	$	—	$	—	$	6,000	$	146,500	$	—	$	333,754
Total	$	2,804,070	$	23,454	$	6,059	$	53,671	$	16,069	$	273,109	$	965	$	3,177,397

(38)

The following shows the composition of the Company’s portfolio at fair value by control designation, investment type and industry as of December 31, 2024:

Industry · First Lien - Secured Debt · Second Lien - Secured Debt · Unsecured Debt · Structured Products and Other · Preferred Equity · Common Equity/Interests · Warrants · Total · % of Net Assets
Non-Controlled / Non-Affiliated Investments
Advertising, Printing & Publishing	$	62,003	$	—	$	—	$	—	$	491	$	669	$	—	$	63,163	4.50%
Automotive		39,298		—		—		—		—		1,080		—		40,378	2.87%
Aviation and Consumer Transport		29,489		—		—		—		—		—		—		29,489	2.10%
Beverage, Food & Tobacco		89,933		—		—		—		229		3,575		—		93,737	6.67%
Business Services		303,544		5,627		—		—		1		3,166		—		312,338	22.24%
Chemicals, Plastics & Rubber		69,680		—		—		—		—		—		—		69,680	4.96%
Construction & Building		102,895		—		—		—		—		—		—		102,895	7.33%
Consumer Goods – Durable		11,063		—		—		—		—		119		—		11,182	0.80%
Consumer Goods – Non-durable		153,402		—		—		—		246		442		—		154,090	10.96%
Consumer Services		138,782		—		—		—		—		—		—		138,782	9.88%
Containers, Packaging & Glass		21,601		—		—		—		—		—		—		21,601	1.54%
Diversified Investment Vehicles, Banking, Finance, Real Estate		148,108		—		—		15,023		193		565		—		163,889	11.67%
Energy – Electricity		1,997		—		—		—		—		—		—		1,997	0.14%
Environmental Industries		2,036		—		—		—		—		—		—		2,036	0.14%
Healthcare & Pharmaceuticals		472,374		—		21		—		532		2,703		136		475,766	33.87%
High Tech Industries		465,671		6,538		—		—		250		2,891		—		475,350	33.84%
Hotel, Gaming, Leisure, Restaurants		44,113		—		—		—		—		—		—		44,113	3.14%
Insurance		49,055		—		—		—		—		—		—		49,055	3.49%
Manufacturing, Capital Equipment		75,279		—		—		—		3,405		418		—		79,102	5.63%
Media – Diversified & Production		13,442		—		—		—		—		—		—		13,442	0.96%
Retail		15,506		—		1,937		—		—		—		—		17,443	1.24%
Telecommunications		19,124		5,633		1,448		—		—		—		—		26,205	1.87%
Transportation – Cargo, Distribution		105,150		—		—		—		—		—		—		105,150	7.49%
Utilities – Electric		11,612		—		—		—		—		—		—		11,612	0.83%
Wholesale		101,936		—		96		—		28		774		—		102,834	7.32%
Total Non-Controlled / Non-Affiliated Investments	$	2,547,093	$	17,798	$	3,502	$	15,023	$	5,375	$	16,402	$	136	$	2,605,329	185.48%
% of Net Assets		181.33%		1.27%		0.25%		1.07%		0.38%		1.17%		0.01%		185.48%

Industry · First Lien - Secured Debt · Second Lien - Secured Debt · Unsecured Debt · Structured Products and Other · Preferred Equity · Common Equity/Interests · Warrants · Total · % of Net Assets
Non-Controlled / Affiliated Investments
Aviation and Consumer Transport	$	19,939	$	—	$	—	$	—	$	—	$	373	$	—	$	20,312	1.45%
Chemicals, Plastics & Rubber		12,459		—		—		—		—		18,933		—		31,392	2.23%
Consumer Goods – Durable		—		—		—		—		—		202		—		202	0.01%
Consumer Services		—		—		—		—		—		—		—		—	0.00%
Diversified Investment Vehicles, Banking, Finance, Real Estate		—		—		—		26,102		—		—		—		26,102	1.86%
Hotel, Gaming, Leisure, Restaurants		4,183		—		—		—		—		2,143		—		6,326	0.45%
Total Non-Controlled / Affiliated Investments	$	36,581	$	—	$	—	$	26,102	$	—	$	21,651	$	—	$	84,334	6.00%
% of Net Assets		2.60%		0.00%		0.00%		1.86%		0.00%		1.54%		0.00%		6.00%
Controlled Investments
Aviation and Consumer Transport	$	59,576	$	—	$	—	$	—	$	—	$	123,815	$	—	$	183,391	13.06%
High Tech Industries		121,906		—		—		—		19,456		—		—		141,362	10.06%
Total Controlled Investments	$	181,482	$	—	$	—	$	—	$	19,456	$	123,815	$	—	$	324,753	23.12%
% of Net Assets		12.92%		0.00%		0.00%		0.00%		1.39%		8.81%		0.00%		23.12%
Total	$	2,765,156	$	17,798	$	3,502	$	41,125	$	24,831	$	161,868	$	136	$	3,014,416	214.60%
% of Net Assets		196.85%		1.27%		0.25%		2.93%		1.77%		11.52%		0.01%		214.60%

Industry Classification	Percentage of Total Investments (at Fair Value) as of December 31, 2024
High Tech Industries	20.5%
Healthcare & Pharmaceuticals	15.8%
Business Services	10.3%
Aviation and Consumer Transport	7.7%
Diversified Investment Vehicles, Banking, Finance, Real Estate	6.3%
Consumer Goods – Non-durable	5.1%
Consumer Services	4.6%
Transportation – Cargo, Distribution	3.5%
Construction & Building	3.4%
Wholesale	3.4%
Chemicals, Plastics & Rubber	3.4%
Beverage, Food & Tobacco	3.1%
Manufacturing, Capital Equipment	2.6%
Advertising, Printing & Publishing	2.1%
Hotel, Gaming, Leisure, Restaurants	1.7%
Insurance	1.6%
Automotive	1.3%
Telecommunications	0.9%
Containers, Packaging & Glass	0.7%
Retail	0.6%
Media – Diversified & Production	0.4%
Utilities – Electric	0.4%
Consumer Goods – Durable	0.4%
Environmental Industries	0.1%
Energy – Electricity	0.1%
Total Investments	100.0%

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Advertising, Printing & Publishing
FingerPaint Marketing
KL Charlie Acquisition Company	First Lien Secured Debt	SOFR+635, 1.00% Floor		12/30/26		$		23,280		$		23,020		$		22,699			(9)(31)
	First Lien Secured Debt	SOFR+685, 1.00% Floor		12/30/26				715				703				701			(9)(31)
	First Lien Secured Debt - Revolver	P+525		12/30/26				1,962				1,409				1,390			(9)(21)(23)(28)
KL Charlie Co-Invest, L.P.	Common Equity - Common Stock	N/A		N/A			218,978 Shares				220				357			(9)(13)
													25,352				25,147
Hero Digital
HRO (Hero Digital) Holdings, LLC	First Lien Secured Debt	SOFR+610, 1.00% Floor		11/18/28				26,842				19,463				18,608			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+610, 1.00% Floor		11/18/26				2,553				2,487				2,407			(9)(20)(21)(23)(31)
HRO Holdings I LP	Common Equity - Common Stock	N/A		N/A			213 Shares				213				167			(9)(13)
													22,163				21,182
			Total Advertising, Printing & Publishing		$	47,515			$	46,329
Automotive
Club Car Wash
Club Car Wash Operating, LLC	First Lien Secured Debt	SOFR+665, 1.00% Floor		06/16/27		$		27,847		$		26,226		$		26,134			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+665, 1.00% Floor		06/16/27				1,625				1,607				1,600			(9)(23)(31)
													27,833				27,734
Crowne Automotive
Vari-Form Group, LLC	First Lien Secured Debt	11.00% (7.00% Cash plus 4.00% PIK)		02/02/23				5,860				893				293			(9)(11)(14)
Vari-Form Inc.	First Lien Secured Debt	11.00% (7.00% Cash plus 4.00% PIK)		02/02/23				2,110				391				105			(9)(11)(14)
													1,284				398
K&N Parent, Inc.
K&N Holdco, LLC	Common Equity - Common Stock	N/A		N/A			77,622 Shares				23,621				1,515			(13)
Truck-Lite Co., LLC
TL Lighting Holdings, LLC	Common Equity - Equity	N/A		N/A			350 Shares				350				464			(9)(13)
Truck-Lite Co., LLC	First Lien Secured Debt	SOFR+635, 1.00% Floor		12/14/26				31,409				31,035				30,979			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+635, 1.00% Floor		12/13/24				3,052				—				(14)			(8)(9)(20)(21)(23)
													31,385				31,429
			Total Automotive		$	84,123			$	61,076
Aviation and Consumer Transport
Merx Aviation Finance, LLC
Merx Aviation Finance, LLC (5)	First Lien Secured Debt - Revolver	10.00%		10/31/25		$		106,177		$		74,075		$		74,076			(20)(23)
	Common Equity - Membership Interests	N/A		N/A							146,500				117,043			(24)
													220,575				191,119
Primeflight
PrimeFlight Acquisition, LLC	First Lien Secured Debt	SOFR+685, 1.00% Floor		05/01/29				5,450				5,300				5,286			(9)(31)(32)
			Total Aviation and Consumer Transport		$	225,875			$	196,405

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Beverage, Food & Tobacco
Berner Foods
Berner Food & Beverage, LLC	First Lien Secured Debt	SOFR+565, 1.00% Floor	07/30/27	$		30,418	$		29,960		$		29,202			(9)(31)
	First Lien Secured Debt - Revolver	P+450	07/30/26			801			791				769			(9)(28)
	First Lien Secured Debt - Revolver	SOFR+565, 1.00% Floor	07/30/26			2,080			550				493			(9)(21)(23)(31)
										31,301				30,464
Bolthouse Farms
Wm. Bolthouse Farms, Inc.	Common Equity - Equity Interests	N/A	N/A		1,086,122 Shares			1,147				1,043			(13)
Hive
FCP-Hive Holdings, LLC	Preferred Equity - Preferred Equity	N/A	N/A		589 Shares			448				148			(9)(13)
	Common Equity - Common Stock	N/A	N/A		589 Shares			3				—			(9)(13)
Hive Intermediate, LLC	First Lien Secured Debt	SOFR+610 Cash plus 2.00% PIK, 1.00% Floor	09/22/27			13,925			13,745				13,368			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+610 Cash plus 2.00% PIK, 1.00% Floor	09/22/27			2,326			603				539			(9)(21)(23)(30)
										14,799				14,055
Nutpods
Green Grass Foods, Inc.	First Lien Secured Debt	SOFR+625, 1.00% Floor	12/26/29			3,750			3,675				3,675			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+625, 1.00% Floor	12/26/29			1,250			(25)				(25)			(8)(9)(21)(23)
Nutpods Holdings, Inc.	Common Equity - Common Stock	N/A	N/A		125 Shares			125				125			(9)(13)(24)
										3,775				3,775
Orgain, Inc.
Butterfly Fighter Co-Invest, L.P.	Common Equity - Membership Interests	N/A	N/A		490,000 Shares			90				1,142
Patriot Pickle
Patriot Foods Buyer, Inc.	First Lien Secured Debt	SOFR+600, 1.00% Floor	12/22/29			750			240				235			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor	12/22/29			250			(5)				(5)			(8)(9)(21)(23)
										235				230
Rise Baking
Ultimate Baked Goods Midco LLC	First Lien Secured Debt	SOFR+635, 1.00% Floor	08/13/27			26,222			25,787				26,193			(9)(30)
	First Lien Secured Debt	SOFR+560, 1.00% Floor	08/13/27			5,661			5,584				5,550			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+635, 1.00% Floor	08/13/27			3,243			(50)				(5)			(8)(9)(20)(21)(23)
										31,321				31,738

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Turkey Hill
IC Holdings LLC	Common Equity - Series A Units	N/A		N/A			169 Shares				169				—			(9)(13)
THLP CO. LLC	First Lien Secured Debt	SOFR+600 Cash plus 2.00% PIK, 1.00% Floor		05/31/25				25,921				25,778				25,791			(9)(32)
	First Lien Secured Debt	SOFR+600 Cash plus 6.00% PIK, 1.00% Floor		05/31/24				1,383				1,379				1,383			(9)(32)
	First Lien Secured Debt - Revolver	SOFR+600 Cash plus 2.00% PIK, 1.00% Floor		05/31/24				4,494				2,101				2,107			(9)(20)(21)(23)(31)(32)
													29,427				29,281
			Total Beverage, Food & Tobacco		$		112,095		$		111,728
Business Services
Accelerate Learning
Eagle Purchaser, Inc.	First Lien Secured Debt	SOFR+675, 1.00% Floor		03/22/30		$		4,316		$		3,372		$		3,442			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+675, 1.00% Floor		03/22/29				658				246				252			(9)(21)(23)(31)
													3,618				3,694
Access Information
Access CIG, LLC	Second Lien Secured Debt	SOFR+775, 0.00% Floor		02/27/26				15,900				15,859				15,701			(31)
AlpineX
Alpinex Opco, LLC	First Lien Secured Debt	SOFR+626, 1.00% Floor		12/27/27				21,273				20,922				20,889			(9)(31)
	First Lien Secured Debt	SOFR+752, 1.00% Floor		12/27/27				630				614				614			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+626, 1.00% Floor		12/27/27				1,489				568				584			(9)(21)(23)(31)
													22,104				22,087
Ambrosia Buyer Corp.
Ambrosia Buyer Corp.	Second Lien Secured Debt	8.00%		08/28/25				21,429				15,201				2,207			(14)
AML Rightsource
Gabriel Partners, LLC	First Lien Secured Debt	SOFR+615, 1.00% Floor		09/21/26				30,729				30,388				30,495			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+615, 1.00% Floor		09/21/26				665				258				259			(9)(21)(23)(30)(31)
													30,646				30,754
Avenu
ACP Avenu Buyer, LLC	First Lien Secured Debt	SOFR+625, 1.00% Floor		10/02/29				6,750				1,146				1,140			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+625, 1.00% Floor		10/02/29				750				(20)				(21)			(8)(9)(21)(23)
													1,126				1,119
Continuum
Continuum Global Solutions, LLC	Preferred Equity - Preferred Equity	N/A		N/A			775 Shares				78				78			(9)(13)
Escalent
M&M OPCO, LLC	First Lien Secured Debt	SOFR+810, 1.00% Floor		04/07/29				9,452				9,195				9,240			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+810, 1.00% Floor		04/07/29				476				(13)				(11)			(8)(9)(21)(23)
													9,182				9,229

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Apiom, Inc.	First Lien Secured Debt	SOFR+745, 2.00% Floor	05/02/28		2,500		2,482			2,481			(9)(17)(30)
HMA
Health Management Associates Superholdings, Inc.	First Lien Secured Debt	SOFR+635, 1.00% Floor	03/30/29		4,624		4,016			4,025			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+635, 1.00% Floor	03/30/29		284		(8)			(7)			(8)(9)(20)(21)(23)
								4,008			4,018
IRP
Precision Refrigeration & Air Conditioning LLC	First Lien Secured Debt	SOFR+690, 1.00% Floor	03/08/28		21,048		15,679			15,417			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+690, 1.00% Floor	03/08/28		1,705		828			801			(9)(21)(23)(31)
SMC IR Holdings, LLC	Common Equity - Common Stock	N/A	N/A	148 Shares		170			263			(9)
								16,677			16,481
Jacent
Jacent Strategic Merchandising	First Lien Secured Debt	SOFR+585 Cash plus 0.75% PIK, 1.00% Floor	04/23/24		22,263		22,231			21,807			(9)(30)(31)
	First Lien Secured Debt - Revolver	SOFR+660, 1.00% Floor	04/23/24		3,500		1,560			1,502			(9)(21)(23)(30)
	Common Equity - Common Stock	N/A	N/A	5,000 Shares		500			4			(9)(13)
JSM Equity Investors, L.P.	Preferred Equity - Class P Partnership Units	N/A	N/A	114 Shares		11			11			(9)(13)
								24,302			23,324
Jones & Frank
JF Acquisition, LLC	First Lien Secured Debt	SOFR+560, 1.00% Floor	07/31/26		12,964		12,887			12,823			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor	07/31/26		1,569		(11)			(17)			(8)(9)(21)(23)
								12,876			12,806
Naviga
Naviga Inc. (fka Newscycle Solutions, Inc.)	First Lien Secured Debt	SOFR+710, 1.00% Floor	02/27/24		13,160		13,144			13,292			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+710, 1.00% Floor	02/27/24		500		450			450			(9)(23)(31)
								13,594			13,742
PSE
Graffiti Buyer, Inc.	First Lien Secured Debt	SOFR+560, 1.00% Floor	08/10/27		8,305		8,203			8,222			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor	08/10/27		1,307		434			437			(9)(21)(23)(31)
Graffiti Parent, LP	Common Equity - Common Stock	N/A	N/A	2,439 Shares		244			398			(9)(13)
								8,881			9,057
PSI Services, LLC
Lifelong Learner Holdings, LLC	First Lien Secured Debt	SOFR+590, 1.00% Floor	10/19/26		33,367		33,063			32,786			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+590, 1.00% Floor	10/20/25		2,985		2,962			2,945			(9)(21)(23)(31)
								36,025			35,731

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
SafetyCo
HEF Safety Ultimate Holdings, LLC	First Lien Secured Debt	SOFR+575, 1.00% Floor		11/17/29			13,500			7,243			7,238			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+575, 1.00% Floor		11/17/29			1,500			363			363			(9)(21)(23)(31)
											7,606			7,601
SEER
GS SEER Group Borrower LLC	First Lien Secured Debt	SOFR+675, 1.00% Floor		04/29/30			4,616			3,331			3,333			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+675, 1.00% Floor		04/30/29			367			(10)			(10)			(8)(9)(21)(23)
GS SEER Group Holdings, LLC	Common Equity - Common Stock	N/A		N/A		42 Shares			42			39			(9)(13)(24)
											3,363			3,362
Smith System
Smith Topco, Inc.	First Lien Secured Debt	SOFR+600, 1.00% Floor		11/06/29			8,872			8,675			8,673			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor		11/06/29			1,128			(25)			(25)			(8)(9)(21)(23)
											8,650			8,648
Soliant
Soliant Health, Inc.	Common Equity - Membership Interests	N/A		N/A		300 Shares			300			1,428			(9)
Trench Plate
Trench Plate Rental Co.	First Lien Secured Debt	SOFR+560, 1.00% Floor		12/03/26			17,909			17,709			17,640			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+560, 1.00% Floor		12/03/26			1,818			573			564			(9)(20)(21)(23)(31)
Trench Safety Solutions Holdings, LLC	Common Equity - Common Stock	N/A		N/A		331 Shares			50			50			(9)(13)
											18,332			18,254
US Legal Support
US Legal Support Investment Holdings, LLC	Common Equity - Series A-1 Units	N/A		N/A		631,972 Shares			632			935			(9)(13)
USLS Acquisition, Inc.	First Lien Secured Debt	SOFR+590, 1.00% Floor		12/02/24			23,569			23,428			23,407			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+590, 1.00% Floor		12/02/24			1,608			952			954			(9)(20)(21)(23)(30)(31)
											25,012			25,296
Wilson Language Training
Owl Acquisition, LLC	First Lien Secured Debt	SOFR+540, 1.00% Floor		02/04/28			9,635			9,486			9,562			(9)(31)
Owl Parent Holdings, LLC	Common Equity - Common Stock	N/A		N/A		100 Shares			100			195			(9)(13)
											9,586			9,757
			Total Business Services		$	289,508		$	276,855

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Chemicals, Plastics & Rubber
Carbonfree Chemicals SPE I LLC (f/k/a Maxus Capital Carbon SPE I
Carbonfree Chemicals Holdings LLC (4)	Common Equity - Common Equity / Interest	N/A		N/A			1,246 Shares		$		56,505			$		18,727			(13)(16)(24)
FC2 LLC (4)	Common Equity - Common Stock	N/A		N/A			5 Shares				—					—			(13)(24)
	Secured Debt - Promissory Note	6.50%		10/14/27				12,500				12,500					12,501
													69,005					31,228
Westfall Technik, Inc.
Westfall Technik, Inc.	First Lien Secured Debt	SOFR+760 Cash plus 0.75% PIK, 1.00% Floor		09/13/24				21,459				21,381					20,850			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+760 Cash plus 0.75% PIK, 1.00% Floor		09/13/24				2,042				2,037					1,984			(9)(23)(30)
													23,418					22,834
			Total Chemicals, Plastics & Rubber		$		92,423		$		54,062
Construction & Building
Allstar Holdings
Athlete Buyer, LLC	First Lien Secured Debt	SOFR+610, 1.00% Floor		04/26/29		$		5,323		$		5,189			$		5,190			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+610, 1.00% Floor		04/26/29				652				(14)					(16)			(8)(9)(21)(23)
													5,175					5,174
Englert
Gutter Buyer, Inc.	First Lien Secured Debt	SOFR+635, 1.00% Floor		03/06/25				28,669				28,525					28,125			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+635, 1.00% Floor		03/06/24				2,727				2,622					2,615			(9)(20)(21)(23)(31)
Gutter Holdings, LP	Common Equity - Common Stock	N/A		N/A			500 Shares				500					137			(9)(13)
													31,647					30,877
Pave America
Pave America Interco, LLC (f/k/a Pavement Partners Interco, LLC)	First Lien Secured Debt	SOFR+690, 1.00% Floor		02/07/28				11,035				10,744					10,704			(9)(31)
	First Lien Secured Debt	SOFR+700, 1.00% Floor		02/07/28				1,438				1,402					1,394			(9)(32)
	First Lien Secured Debt - Revolver	SOFR+690, 1.00% Floor		02/07/28				942				(24)					(28)			(8)(9)(21)(23)
													12,122					12,070
Yak Access
Yak Access LLC	First Lien Secured Debt - Revolver	SOFR+486, 1.00% Floor		09/10/27				5,000				1,187					1,225			(9)(21)(23)(30)
			Total Construction & Building		$		50,131		$		49,346

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Consumer Goods - Durable
A&V
A&V Holdings Midco, LLC	First Lien Secured Debt - Revolver	SOFR+461, 1.00% Floor		03/10/25		$		1,505		$		327		$		337			(21)(23)(30)
KLO Holdings, LLC
1244311 B.C. Ltd. (4)	First Lien Secured Debt	SOFR+500, 1.00% Floor		09/30/25				2,600				2,600				2,529			(17)(30)
	First Lien Secured Debt	SOFR+500 PIK, 1.00% Floor		09/30/25				1,248				1,248				1,211			(17)(30)
	Common Equity - Common Stock	N/A		N/A			1,000,032 Shares				1,000				1,087			(2)(13)(17)(24)
													4,848				4,827
NSi Industries
Wildcat BuyerCo, Inc.	First Lien Secured Debt	SOFR+575, 1.00% Floor		02/26/27				27,059				24,387				24,405			(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+575, 1.00% Floor		02/26/27				725				(7)				(14)			(8)(20)(21)(23)
Wildcat Parent LP	Common Equity - Common Stock	N/A		N/A			1,070 Shares				107				231
													24,487				24,622
Sorenson Holdings, LLC
Sorenson Holdings, LLC	Common Equity - Membership Interests	N/A		N/A			587 Shares				—				595
			Total Consumer Goods – Durable		$		29,662		$		30,381
Consumer Goods - Non-durable
3D Protein
Protein For Pets Opco, LLC	First Lien Secured Debt - Revolver	SOFR+450, 1.00% Floor		05/31/24		$		2,219		$		(5)		$		—			(9)(21)(23)
Dan Dee
Project Comfort Buyer, Inc.	First Lien Secured Debt	SOFR+725, 1.00% Floor		02/01/25				18,172				18,041				17,888			(9)(32)
	First Lien Secured Debt	SOFR+710, 1.00% Floor		02/01/25				3,116				3,100				3,068			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+710, 1.00% Floor		02/01/25				1,731				(8)				(27)			(8)(9)(21)(23)
	Preferred Equity - Preferred Equity	N/A		N/A			491,405 Shares				492				73			(9)(13)
													21,625				21,002
LashCo
Lash OpCo, LLC	First Lien Secured Debt	SOFR+710, 1.00% Floor		03/18/26				42,702				42,213				42,189			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+710, 1.00% Floor		09/18/25				1,612				1,192				1,199			(9)(21)(23)(31)(32)
													43,405				43,388
Paladone
Paladone Group Bidco Limited	First Lien Secured Debt	SOFR+585, 1.00% Floor		11/12/27				6,937				6,843				6,853			(9)(17)(31)
	First Lien Secured Debt - Revolver	SON+585, 1.00% Floor		11/12/27		£		353				(6)				(5)			(8)(9)(17)(21)(23)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor		11/12/27				1,412				(18)				(17)			(8)(9)(17)(21)(23)
Paladone Group Holdings Limited	Common Equity - Common Stock	N/A		N/A			94,151 Shares				94				58			(9)(13)(17)
													6,913				6,889

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Sequential Brands Group, Inc.
Gainline Galaxy Holdings LLC	Common Equity - Common Stock	N/A		N/A			10,854 Shares				2,041				72			(13)(16)(17)
Galaxy Universal LLC	First Lien Secured Debt	SOFR+500, 1.00% Floor		11/12/26				1,241				1,224				1,235			(17)(31)
Sequential Brands Group, Inc.	Second Lien Secured Debt	8.75%		02/07/24				1,293				—				238			(14)(17)
Swisstech IP CO, LLC	First Lien Secured Debt	6.00% PIK		11/29/24				189				55				186			(17)
													3,320				1,731
Suave
Silk Holdings I Corp.	Common Equity - Common Stock	N/A		N/A			100 Shares				100				172			(9)(13)(24)
Silk Holdings III Corp.	First Lien Secured Debt	SOFR+775, 1.00% Floor		05/01/29				9,851				9,570				9,703			(9)(13)
	First Lien Secured Debt	SOFR+650, 1.00% Floor		05/01/29				20,125				—				—			(9)(23)
													9,670				9,875
Village Pet Care
Village Pet Care, LLC	First Lien Secured Debt	SOFR+650, 1.00% Floor		09/22/29				6,500				2,168				2,088			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+650, 1.00% Floor		09/22/29				1,000				(19)				(25)			(8)(9)(21)(23)
													2,149				2,063
			Total Consumer Goods – Non-durable		$		87,077		$		84,948
Consumer Services
Activ
Activ Software Holdings, LLC	First Lien Secured Debt	SOFR+650, 1.00% Floor		05/04/27		$		32,119		$		31,633		$		31,812			(9)(32)
	First Lien Secured Debt - Revolver	SOFR+650, 1.00% Floor		05/04/27				2,407				(27)				(24)			(8)(9)(21)(23)
													31,606				31,788
Atlas Technical Consultants
GI Apple Midco LLC	First Lien Secured Debt	SOFR+675, 1.00% Floor		04/19/30				4,426				3,593				3,642			(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+675, 1.00% Floor		04/19/29				556				295				300			(9)(20)(21)(23)(30)
													3,888				3,942
Bird
Bird Rides, Inc.	First Lien Secured Debt	SOFR+760, 1.00% Floor		07/12/25				13,118				13,032				12,725			(9)(30)
	First Lien Secured Debt	15.00% (6.00% Cash plus 9.00% PIK)		03/18/24				6,540				1,333				1,177			(9)(23)
	First Lien Secured Debt	15.00%		09/12/25				667				667				647			(9)
													15,032				14,549

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Clarus Commerce
Marlin DTC-LS Midco 2, LLC	First Lien Secured Debt	SOFR+660, 1.00% Floor		07/01/25				21,410				21,250				21,232			(31)
	First Lien Secured Debt - Revolver	SOFR+660, 1.00% Floor		07/01/25				685				—				(6)			(8)(21)(23)
													21,250				21,226
Go Car Wash
Go Car Wash Management Corp.	First Lien Secured Debt	SOFR+635, 1.00% Floor		12/31/26				23,756				10,724				10,622			(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+635, 1.00% Floor		12/31/26				417				(1)				(7)			(8)(9)(21)(23)
													10,723				10,615
Lending Point
LendingPoint LLC	First Lien Secured Debt	SOFR+1065, 1.00% Floor		12/30/26				32,229				31,908				31,946			(9)(31)
	First Lien Secured Debt	SOFR+590, 1.00% Floor		12/30/26				4,167				4,140				4,131			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+590, 1.00% Floor		12/30/26				8,333				8,285				8,263			(9)(23)(31)
													44,333				44,340
Renovo
HomeRenew Buyer, Inc.	First Lien Secured Debt	SOFR+665, 1.00% Floor		11/23/27				15,323				15,116				14,863			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+665, 1.00% Floor		11/23/27				1,958				1,929				1,899			(9)(23)(31)
													17,045				16,762
The Club Company
Eldrickco Limited	First Lien Secured Debt	SON+603, 0.50% Floor		11/26/25		£		14,858				15,695				15,566			(9)(17)(21)(23)(29)
	First Lien Secured Debt - Revolver	SON+603, 0.50% Floor		11/26/25		£		356				415				447			(9)(17)(23)(29)
	First Lien Secured Debt - Revolver	SON+603, 0.50% Floor		05/26/25		£		345				—				(5)			(8)(9)(17)(21)(23)
													16,110				16,008
US Auto
Auto Pool 2023 Trust (Del. Stat. Trust) (4)	Structured Products and Other - Membership Interests	N/A		02/28/29			N/A				27,865				30,621			(9)(25)
			Total Consumer Services		$		187,852		$		189,851
Diversified Investment Vehicles, Banking, Finance, Real Estate
Celink
Compu-Link Corporation	First Lien Secured Debt - Revolver	SOFR+610, 1.00% Floor		06/11/24		$		2,273		$		(5)		$		(43)			(8)(9)(21)(23)
Compu-Link Corporation (dba Celink)	First Lien Secured Debt	SOFR+610, 1.00% Floor		11/30/28				9,501				9,311				9,320			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+610, 1.00% Floor		11/30/28				610				(12)				(12)			(8)(9)(21)(23)
Peer Advisors, LLC	First Lien Secured Debt	SOFR+610, 1.00% Floor		06/11/24				5,114				5,101				5,016			(9)(30)
													14,395				14,281

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Definiti LLC
Greylock Holdings LLC	Common Equity - Common Stock	N/A			N/A			100,000 Shares			100				86			(9)(13)(24)
RHI Acquisition LLC	First Lien Secured Debt	SOFR+660, 1.00% Floor			03/16/29				9,192			6,343				6,230			(9)(21)(23)(32)
	First Lien Secured Debt - Revolver	SOFR+660, 1.00% Floor			03/16/29				660			(17)				(23)			(8)(9)(21)(23)
													6,426				6,293
Golden Bear
Golden Bear 2016-R, LLC (4)	Structured Products and Other - Membership Interests	N/A			09/20/42			N/A			17,128				10,712			(3)(17)
Purchasing Power, LLC
Purchasing Power Funding I, LLC	First Lien Secured Debt - Revolver	SOFR+710, 0.00% Floor			02/24/25				9,113			9,112				9,113			(9)(23)(30)
Spectrum Automotive
Shelby 2021 Holdings Corp.	First Lien Secured Debt	SOFR+586, 0.75% Floor			06/29/28				14,252			13,546				13,490			(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+586, 0.75% Floor			06/29/27				420			(4)				(6)			(8)(9)(21)(23)
													13,542				13,484
	Total Diversified Investment Vehicles, Banking, Finance, Real Estate	$		60,603			$		53,883
Energy - Electricity
Renew Financial LLC (f/k/a Renewable Funding, LLC)
AIC SPV Holdings II, LLC	Preferred Equity - Preferred Stock	N/A			N/A			142 Shares		$	534			$	109			(15)(17)
Renew Financial LLC (f/k/a Renewable Funding, LLC)	Common Equity - Common Stock	N/A			N/A			1,368,286 Shares			16,813				96			(13)(17)
Renew JV LLC	Common Equity - Membership Interests	N/A			N/A			305,832 Shares			306				412			(13)(17)
													17,653				617
Solarplicity Group Limited (f/k/a AMP Solar UK)
Solarplicity UK Holdings Limited	First Lien Secured Debt	4.00%			03/08/23		£		5,562			7,231				2,146			(11)(14)(17)
	Preferred Equity - Preferred Stock	N/A			N/A			4,286 Shares			5,623				—			(2)(13)(17)
	Common Equity - Ordinary Shares	N/A			N/A			2,825 Shares			4				—			(2)(13)(17)
													12,858				2,146
			Total Energy – Electricity			$		30,511		$	2,763
Energy - Oil & Gas
Pelican
Pelican Energy, LLC (4)	Common Equity - Membership Interests	N/A			N/A			1,444 Shares			11,802				140			(13)(16)(17)(24)

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Spotted Hawk
SHD Oil & Gas, LLC (5)	Common Equity - Series C Units	N/A		N/A			50,952,525 Shares				43,454				346			(13)(16)(24)
	Common Equity - Series A Units	N/A		N/A			7,600,000 Shares				1,411				—			(13)(16)(24)
													44,865				346
			Total Energy – Oil & Gas		$		56,667		$		486
Healthcare & Pharmaceuticals
83bar
83Bar, Inc.	First Lien Secured Debt	SOFR+586, 1.50% Floor		07/02/26		$		3,108		$		3,101		$		3,054			(9)(30)
Akoya
Akoya Biosciences, Inc.	First Lien Secured Debt	SOFR+691, 2.50% Floor		11/01/27				22,500				22,493				22,498			(9)(30)
Alcami
Alcami Corporation	First Lien Secured Debt	SOFR+710, 1.00% Floor		12/21/28				8,822				7,872				7,960			(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+710, 1.00% Floor		12/21/28				1,096				(32)				(22)			(8)(9)(21)(23)
													7,840				7,938
Carbon6 Technologies, Inc.	Preferred Equity - Preferred Equity	N/A		N/A			280,899 Shares				250				250			(9)(13)
Cato Research
LS Clinical Services Holdings, Inc.	First Lien Secured Debt	SOFR+651 Cash plus 1.00% PIK, 1.00% Floor		12/16/27				13,285				13,074				12,696			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+651 Cash plus 1.00% PIK, 1.00% Floor		06/16/27				1,875				719				672			(9)(21)(23)(31)
													13,793				13,368
Celerion
Celerion Buyer, Inc.	First Lien Secured Debt	SOFR+650, 0.75% Floor		11/05/29				9,280				7,763				7,908			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+650, 0.75% Floor		11/03/28				639				(16)				(6)			(8)(9)(21)(23)
													7,747				7,902
Cerus
Cerus Corporation	First Lien Secured Debt	SOFR+660, 1.80% Floor		03/01/28				16,500				16,464				16,500			(9)(17)(30)
	First Lien Secured Debt	SOFR+660, 1.00% Floor		03/01/28				6,000				1,474				1,500			(9)(17)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+385, 1.00% Floor		03/01/28				2,000				1,761				1,763			(9)(17)(21)(23)(30)
													19,699				19,763
CNSI
Acentra Holdings, LLC (fka CNSI Holdings, LLC)	First Lien Secured Debt	SOFR+650, 0.50% Floor		12/15/28				17,820				17,287				17,462			(9)(31)
	First Lien Secured Debt	SOFR+650, 0.50% Floor		12/17/28				4,000				3,920				3,920			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+650, 0.50% Floor		12/17/27				2,000				677				693			(9)(21)(23)(30)
													21,884				22,075

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Compass Health
Roscoe Medical, Inc	First Lien Secured Debt	SOFR+636, 1.00% Floor	09/30/24		7,468		7,199			7,281			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+636, 1.00% Floor	09/30/24		1,393		480			498			(9)(23)(30)
								7,679			7,779
EmpiRx
EmpiRx Health LLC	First Lien Secured Debt	SOFR+510, 1.00% Floor	08/05/27		8,909		8,784			8,865			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+510, 1.00% Floor	08/05/27		909		(11)			(5)			(8)(9)(20)(21)(23)
								8,773			8,860
ExactCare
ExactCare Parent, Inc.	First Lien Secured Debt	SOFR+650, 1.00% Floor	11/03/29		18,033		17,543			17,537			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+650, 1.00% Floor	11/03/29		1,967		(53)			(54)			(8)(9)(21)(23)
								17,490			17,483
Gateway Services
Gateway US Holdings, Inc.	First Lien Secured Debt	SOFR+665, 0.75% Floor	09/22/26		9,632		9,565			9,585			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+665, 0.75% Floor	09/22/26		304		(2)			(2)			(8)(9)(21)(23)
								9,563			9,583
Gossamer
GB001, Inc.	First Lien Secured Debt	SOFR+711, 2.00% Floor	01/01/25		26,516		2,477			2,516			(9)(17)(23)(30)
Health & Safety Institute
HSI HALO Acquisition, Inc.	First Lien Secured Debt	SOFR+585, 1.00% Floor	08/31/26		16,101		15,950			15,862			(9)(31)
	First Lien Secured Debt	SOFR+635, 1.00% Floor	08/31/26		2,441		2,400			2,429			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor	09/02/25		677		675			674			(9)(23)(32)
	First Lien Secured Debt - Revolver	P+475	09/02/25		135		135			135			(9)(23)(28)
	Common Equity - Common Stock	N/A	N/A	500 Shares		31			1,356			(9)(13)
HSI Halo Holdings, LLC	Common Equity - Common Stock	N/A	N/A	104 Shares		16			14			(9)(13)
								19,207			20,470
KureSmart
Clearway Corporation (f/k/a NP/Clearway Holdings, Inc.)	Common Equity - Common Stock	N/A	N/A	133 Shares		133			242			(9)(13)
Kure Pain Holdings, Inc.	First Lien Secured Debt	SOFR+610, 1.00% Floor	08/27/25		21,269		21,171			21,264			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+610, 1.00% Floor	08/27/24		2,654		(10)			—			(9)(21)(23)
								21,294			21,506
LucidHealth
Premier Imaging, LLC	First Lien Secured Debt	SOFR+611, 1.00% Floor	01/02/25		8,032		7,972			7,932			(9)(31)

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Mannkind Corporation
Mannkind Corporation	First Lien Secured Debt	SOFR+635, 1.00% Floor	08/01/25		11,556		11,523			11,555			(9)(26)(30)
	Common Equity - Common Stock	N/A	N/A	334,226 Shares		76			1,217			(9)(10)(13)(17)
								11,599			12,772
Maxor National Pharmacy Services, LLC
Maxor National Pharmacy Services, LLC	First Lien Secured Debt	SOFR+700, 1.00% Floor	03/01/29		13,319		12,956			12,986			(9)(32)
	First Lien Secured Debt - Revolver	SOFR+700, 1.00% Floor	03/01/29		1,530		(40)			(38)			(8)(9)(21)(23)
Maxor Topco, L.P.	Preferred Equity - Preferred Equity	N/A	N/A	50,000 Shares		50			60			(9)(13)(24)
								12,966			13,008
Medical Guardian
Medical Guardian, LLC	First Lien Secured Debt	SOFR+635, 1.00% Floor	10/26/26		35,562		30,499			30,444			(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+635, 1.00% Floor	10/26/26		3,810		519			514			(9)(21)(23)(30)
								31,018			30,958
Midwest Vision
Midwest Vision Partners Management, LLC	First Lien Secured Debt	SOFR+665, 1.00% Floor	01/12/27		21,624		21,358			21,083			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+665, 1.00% Floor	01/12/27		612		605			595			(9)(23)(31)
								21,963			21,678
Orchard
Orchard Therapeutics PLC	First Lien Secured Debt	SOFR+605, 1.00% Floor	05/28/26		7,595		7,580			8,006			(9)(17)(30)
Partner Therapeutics, Inc
Partner Therapeutics, Inc	Preferred Equity - Preferred Equity	N/A	N/A	55,556 Shares		333			399			(9)(13)
	Warrants - Warrants			73,333 Shares		389			199			(9)(13)
								722			598
PHS
PHS Buyer, Inc.	First Lien Secured Debt	SOFR+610 Cash plus 1.50% PIK, 1.00% Floor	01/31/27		23,908		23,643			23,848			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+610 Cash plus 1.50% PIK, 1.00% Floor	01/31/27		2,000		1,301			1,330			(9)(21)(23)(30)
								24,944			25,178
RHA Health Services
Pace Health Companies, LLC	First Lien Secured Debt	SOFR+640, 1.00% Floor	08/02/25		3,731		3,707			3,667			(9)(31)
	First Lien Secured Debt	SOFR+665, 1.00% Floor	08/02/25		2,500		1,567			1,563			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+640, 1.00% Floor	08/02/25		500		(5)			(9)			(8)(9)(20)(21)(23)
								5,269			5,221
Rigel Pharmaceuticals
Rigel Pharmaceuticals, Inc.	First Lien Secured Debt	SOFR+576, 1.50% Floor	09/01/26		18,000		17,998			18,000			(9)(30)

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Team Select
TS Investors, LLC	First Lien Secured Debt	SOFR+660, 1.00% Floor		05/04/29			2,306			1,872		1,913		(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+660, 1.00% Floor		05/04/29			185			(5)		(2)		(8)(9)(21)(23)
											1,867		1,911
TELA Bio, Inc.
TELA Bio, Inc.	First Lien Secured Debt	SOFR+635, 1.00% Floor		05/01/27			16,667			13,283		13,333		(9)(23)(30)
TersSera
TerSera Therapeutics LLC	First Lien Secured Debt	SOFR+675, 1.00% Floor		04/04/29			13,860			13,478		13,756		(9)(30)
	First Lien Secured Debt - Revolver	SOFR+675, 1.00% Floor		04/04/29			1,140			(30)		(9)		(8)(9)(21)(23)
											13,448		13,747
TissueTech
TissueTech, Inc.	First Lien Secured Debt	SOFR+586, 1.00% Floor		04/01/27			17,500			12,205		12,250		(9)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+411, 1.00% Floor		04/01/27			1,000			497		500		(9)(21)(23)(30)
											12,702		12,750
Treace
Treace Medical Concepts, Inc.	First Lien Secured Debt	SOFR+610, 1.00% Floor		04/01/27			35,000			14,528		14,146		(9)(17)(23)(27)(30)
	First Lien Secured Debt - Revolver	SOFR+410, 1.00% Floor		04/01/27			3,000			390		355		(9)(17)(21)(23)(27)(30)
											14,918		14,501
Unchained Labs
Unchained Labs, LLC	First Lien Secured Debt	SOFR+555, 1.00% Floor		08/09/27			4,121			4,079		4,080		(9)(30)
	First Lien Secured Debt - Revolver	SOFR+555, 1.00% Floor		08/09/27			726			(9)		(7)		(8)(9)(21)(23)
											4,070		4,073
US Fertility
US Fertility Enterprises, LLC	First Lien Secured Debt	SOFR+660, 1.00% Floor		12/21/27			2,958			2,896		2,913		(9)(30)(31)
	First Lien Secured Debt - Revolver	SOFR+651, 1.00% Floor		12/21/27			63			28		28		(9)(21)(23)(31)
											2,924		2,941
ViewRay
ViewRay Inc.	First Lien Secured Debt	3.50%		11/01/27			9,583			7,852		717		(9)(14)(17)
WellDyneRx, LLC
WelldyneRX, LLC	First Lien Secured Debt	SOFR+685, 0.75% Floor		03/09/27			17,761			17,499		17,272		(9)(31)
	First Lien Secured Debt - Revolver	SOFR+685, 0.75% Floor		03/09/26			1,923			(21)		(53)		(8)(9)(21)(23)
											17,478		17,219
			Total Healthcare & Pharmaceuticals		$	413,863		$	409,588

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
High Tech Industries
Acronis AG
ACRONIS AG	First Lien Secured Debt	SOFR+595, 1.00% Floor	04/01/27	$		21,000	$		20,945		$		21,000			(9)(17)(30)
American Megatrends
AMI US Holdings Inc.	First Lien Secured Debt	SOFR+535, 1.00% Floor	04/01/25			21,044			20,925				21,044			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+535, 0.00% Floor	04/01/24			2,907			(3)				—			(9)(21)(23)
										20,922				21,044
BarTender
Sigma Buyer LLC	First Lien Secured Debt	SOFR+675, 0.75% Floor	01/04/28			5,955			5,804				5,940			(9)(32)
	First Lien Secured Debt - Revolver	SOFR+675, 0.75% Floor	01/04/28			1,500			64				96			(9)(21)(23)(32)
										5,868				6,036
Calero Holdings, Inc.
Telesoft Holdings, LLC	First Lien Secured Debt	SOFR+585, 1.00% Floor	12/16/25			21,875			21,696				21,548			(30)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor	12/16/25			2,273			308				291			(21)(23)(30)
										22,004				21,839
ChyronHego Corporation
ChyronHego Corporation (5)	Preferred Equity - Preferred Equity	N/A	N/A		7,800 Shares			6,000				20,628			(13)(24)
ChyronHego US Holding Corporation (5)	First Lien Secured Debt	SOFR+350, 1.75% Floor	06/30/26			106,906			106,690				106,906			(31)
	First Lien Secured Debt - Revolver	P+600	06/30/26			5,000			1,300				1,300			(21)(23)(28)
										113,990				128,834
Dairy.com
Momentx Corporation	First Lien Secured Debt	SOFR+585, 1.00% Floor	06/24/27			15,046			14,859				14,886			(9)(31)
	First Lien Secured Debt	SOFR+635, 1.00% Floor	06/24/27			1,357			1,333				1,357			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor	06/24/27			1,257			1,242				1,243			(9)(23)(31)
										17,434				17,486
Digital.ai
Digital.ai Software Holdings, Inc.	First Lien Secured Debt	SOFR+710, 1.00% Floor	02/10/27			21,960			21,589				21,356			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+710, 1.00% Floor	02/10/27			2,419			990				950			(9)(21)(23)(31)
										22,579				22,306
GoHealth
Norvax, LLC	First Lien Secured Debt - Revolver	SOFR+660, 1.00% Floor	09/13/24			3,182			(11)				—			(9)(21)(23)

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Gtreasury
G Treasury SS LLC	First Lien Secured Debt	SOFR+600, 1.00% Floor	06/29/29		2,250		208			205			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor	06/29/29		250		(5)			(5)			(8)(9)(21)(23)
								203			200
International Cruise & Excursion Gallery, Inc.
International Cruise & Excursion Gallery, Inc.	First Lien Secured Debt	SOFR+535, 1.00% Floor	06/06/25		14,175		14,105			13,935			(31)
Litify
Litify Holdings Inc.	Common Equity - Common Stock	N/A	N/A	217,892 Shares		107			255			(9)(13)(24)
Litify LLC	First Lien Secured Debt	SOFR+710, 1.00% Floor	02/02/29		11,667		11,354			11,346			(9)(31)
	First Lien Secured Debt	SOFR+760, 1.00% Floor	02/02/29		7,500		7,278			7,313			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+710, 1.00% Floor	02/02/29		833		(21)			(23)			(8)(9)(21)(23)
								18,718			18,891
Modern Campus
Destiny Solutions U.S., Inc.	First Lien Secured Debt	SOFR+585, 1.00% Floor	06/08/26		25,382		25,031			24,935			(19)(30)
RMCF IV CIV XXXV, L.P.	Common Equity - Common Stock	N/A	N/A	482 Shares		1,000			1,745			(13)
								26,031			26,680
MYCOM
Magnate Holding Corp.	First Lien Secured Debt	SOFR+615, 0.50% Floor	12/16/24		18,873		18,858			18,790			(9)(17)(31)
	First Lien Secured Debt - Revolver	SOFR+615, 0.50% Floor	02/14/24		3,150		3,146			3,145			(9)(17)(23)(31)
								22,004			21,935
New Era Technology, Inc.
New Era Technology, Inc.	First Lien Secured Debt	SOFR+640, 1.00% Floor	10/31/26		31,911		31,550			31,111			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+640, 1.00% Floor	10/30/26		1,732		(19)			(43)			(8)(9)(21)(23)
								31,531			31,068
Omada
Omada Health, Inc.	First Lien Secured Debt	SOFR+710, 2.50% Floor	06/01/28		2,900		1,423			1,422			(9)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+410, 2.50% Floor	06/01/28		100		4			4			(9)(21)(23)(30)
								1,427			1,426
Pro Vigil
Pro-Vigil Holding Company, LLC	First Lien Secured Debt	SOFR+860, 1.00% Floor	01/11/25		22,939		22,699			22,744			(9)(31)
Schlesinger Group
Schlesinger Global, LLC	First Lien Secured Debt	SOFR+615 Cash plus 1.00% PIK, 1.00% Floor	07/12/25		10,260		10,175			10,200			(9)(31)
	First Lien Secured Debt	SOFR+790, 1.00% Floor	07/12/25		944		937			944			(9)(31)
								11,112			11,144

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Simeio
Simeio Group Holdings, Inc.	First Lien Secured Debt	SOFR+585, 1.00% Floor		02/02/26				8,116				8,069			8,015		(9)(30)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor		02/02/26				1,731				1,146			1,125		(9)(21)(23)(30)
													9,215			9,140
Sirsi Corporation
Sirsi Corporation	First Lien Secured Debt	SOFR+635, 1.00% Floor		03/15/25				4,658				4,655			4,611		(9)(30)
	First Lien Secured Debt - Revolver	SOFR+635, 1.00% Floor		03/15/25				429				(1)			(4)		(8)(9)(21)(23)
													4,654			4,607
Springbrook
Springbrook Holding Company, LLC	First Lien Secured Debt	SOFR+561, 1.00% Floor		12/23/26				15,647				15,494			15,406		(31)
	First Lien Secured Debt	SOFR+661, 1.00% Floor		12/23/26				2,331				2,306			2,341		(30)
	First Lien Secured Debt - Revolver	SOFR+561, 1.00% Floor		12/23/26				1,463				(11)			(23)		(8)(21)(23)
													17,789			17,724
UpStack
Upstack Holdco Inc.	First Lien Secured Debt	SOFR+635, 1.00% Floor		08/20/27				31,390				30,819			31,076		(9)(32)
	First Lien Secured Debt - Revolver	SOFR+635, 1.00% Floor		08/20/27				3,000				849			870		(9)(20)(21)(23)
													31,668			31,946
			Total High Tech Industries		$		434,887		$		449,985
Hotel, Gaming, Leisure, Restaurants
Cave
Cave Enterprises Operations, LLC	First Lien Secured Debt	SOFR+660, 1.50% Floor		08/09/28		$		9,971		$		8,484		$	8,635		(9)(23)(30)
CircusTrix
CircusTrix Holdings LLC	First Lien Secured Debt	SOFR+675, 1.00% Floor		07/18/28				3,998				943			938		(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+675, 1.00% Floor		07/18/28				1,000				(23)			(15)		(8)(9)(21)(23)
													920			923
Guernsey
Guernsey Holdings SDI LA LLC	First Lien Secured Debt	6.95%		11/18/26				1,821				1,810			1,716		(9)
	First Lien Secured Debt	SOFR+595, 1.00% Floor		11/18/26				1,167				—			—		(9)(23)
													1,810			1,716
PARS Group LLC
PARS Group LLC	First Lien Secured Debt	SOFR+685, 1.50% Floor		04/03/28				9,932				8,869			8,831		(9)(23)(30)
Taco Cabana
YTC Enterprises, LLC	First Lien Secured Debt	SOFR+636, 1.00% Floor		08/16/26				9,483				9,412			9,294		(9)(30)
			Total Hotel, Gaming, Leisure, Restaurants		$		29,495		$		29,399

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Insurance
High Street Insurance
High Street Buyer, Inc.	First Lien Secured Debt	SOFR+590, 0.75% Floor		04/14/28		$		29,582			$		29,207			$		29,138			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+590, 0.75% Floor		04/16/27				2,203					(24)					(33)			(8)(9)(21)(23)
														29,183					29,105
PGM Holdings Corporation
Turbo Buyer, Inc.	First Lien Secured Debt	SOFR+625, 1.00% Floor		12/02/25				18,887					18,703					18,462			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+625, 1.00% Floor		12/02/25				923					(7)					(21)			(8)(9)(21)(23)
														18,696					18,441
					Total Insurance			$		47,879			$		47,546
Manufacturing, Capital Equipment
AVAD, LLC
Surf Opco, LLC	First Lien Secured Debt - Revolver	SOFR+411, 1.00% Floor		03/17/26		$		20,000			$		15,820			$		15,786			(9)(16)(20)(21)(23)(30)
	Preferred Equity - Class P-1 Preferred	N/A		N/A			33,333 Shares					3,333					6,667			(9)(13)(16)
	Preferred Equity - Class P-2 Preferred	N/A		N/A			85,164 Shares					8,516					3,964			(9)(13)(16)
	Common Equity - Class A-1 Common	N/A		N/A			3,333 Shares					—					185			(9)(13)(16)
														27,669					26,602
Carlisle Fluid Technologies
LSF12 Donnelly Bidco, LLC	First Lien Secured Debt	SOFR+650, 1.00% Floor		10/02/29				14,963					14,601					14,588			(9)(30)
International Wire Group
IW Buyer LLC	First Lien Secured Debt	SOFR+685, 1.00% Floor		06/28/29				2,096					2,037					2,054			(9)(30)
	First Lien Secured Debt - Revolver	SOFR+685, 1.00% Floor		06/28/29				393					(11)					(8)			(8)(9)(20)(21)(23)
														2,026					2,046
Kauffman
Kauffman Holdco, LLC	Common Equity - Common Stock	N/A		N/A			250,000 Shares					250					248			(9)
Kauffman Intermediate, LLC	First Lien Secured Debt	SOFR+585, 1.00% Floor		05/08/25				15,976					15,894					15,779			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor		05/08/25				1,243					311					295			(9)(21)(20)(23)(30)
														16,455					16,322
MedPlast Holdings Inc.
Viant Medical Holdings, Inc. (fka MedPlast Holdings, Inc.)	Second Lien Secured Debt	SOFR+786, 0.00% Floor		07/02/26				8,000					7,976					7,710			(30)
			Total Manufacturing, Capital Equipment		$		68,727			$		67,268
Retail
IPS
SI Holdings, Inc.	First Lien Secured Debt	SOFR+610, 1.00% Floor		12/30/27		$		30,789			$		30,311			$		30,460			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+610, 1.00% Floor		12/30/27				3,413					503					469			(9)(21)(23)(30)
						Total Retail			$		30,814			$		30,929

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Telecommunications
MCA
Mobile Communications America, Inc.	First Lien Secured Debt	SOFR+600, 1.00% Floor		10/16/29		$		11,141		$		2,338		$		2,330			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor		10/16/29				1,359				(33)				(34)			(8)(9)(21)(23)
													2,305				2,296
Securus Technologies Holdings, Inc.
Securus Technologies Holdings, Inc.	Second Lien Secured Debt	SOFR+865, 1.00% Floor		11/01/25				7,266				7,238				6,031			(31)
			Total Telecommunications		$		9,543		$		8,327
Transportation - Cargo, Distribution
Beacon Mobility
Beacon Mobility Corp.	First Lien Secured Debt	SOFR+635, 1.00% Floor		12/31/25		$		37,049		$		36,895		$		36,940			(9)(31)
	First Lien Secured Debt - Revolver	4.10%		05/22/24				55,000				—				—			(9)(22)(23)
	First Lien Secured Debt - Revolver	SOFR+635, 1.00% Floor		12/31/25				4,145				(42)				(15)			(8)(9)(20)(21)(23)
													36,853				36,925
Camin Cargo
Camin Cargo Control Holdings, Inc.	First Lien Secured Debt	SOFR+600, 1.00% Floor		12/06/29		$		4,000		$		945		$		911			(9)(21)(23)(30)
	First Lien Secured Debt - Revolver	SOFR+600, 1.00% Floor		12/06/29				1,000				(22)				(22)			(8)(9)(21)(23)
													923				889
Heniff and Superior
Heniff Holdco, LLC	First Lien Secured Debt	SOFR+585, 1.00% Floor		12/03/26				29,443				29,153				29,296			(9)(31)
	First Lien Secured Debt - Revolver	SOFR+585, 1.00% Floor		12/03/24				3,925				1,488				1,495			(9)(20)(21)(23)(30)
													30,641				30,791
IronClad
Ironhorse Purchaser, LLC	First Lien Secured Debt	SOFR+650, 1.00% Floor		09/30/27				4,517				2,978				2,977			(9)(21)(23)(31)
	First Lien Secured Debt - Revolver	SOFR+650, 1.00% Floor		09/30/27				483				268				268			(9)(20)(21)(23)(31)
													3,246				3,245
MSEA Tankers LLC
MSEA Tankers LLC (5)	Common Equity - Class A Units	N/A		N/A							15,791				45			(13)(17)(18)(24)
			Total Transportation – Cargo, Distribution		$		87,454		$		71,895
Utilities - Electric
Congruex
Congruex Group LLC	First Lien Secured Debt	SOFR+590, 0.75% Floor		05/03/29		$		14,775		$		14,489		$		14,369			(9)(31)
			Total Utilities – Electric		$		14,489		$		14,369

Industry/Company · Investment Type · Interest Rate · Maturity Date · Par/Shares (12) · Cost (34) · Fair Value (1)(35)
Wholesale
Banner Solutions
Banner Buyer, LLC	First Lien Secured Debt		SOFR+585, 1.00% Floor		10/31/25		$		15,025			$		14,933			$		14,934			(9)(30)
	First Lien Secured Debt - Revolver		SOFR+585, 0.00% Floor		10/31/25				1,935					(13)					(12)			(8)(9)(21)(23)
Banner Parent Holdings, Inc.	Common Equity - Common Stock		N/A		N/A			6,125 Shares					613					549			(9)(13)
															15,533					15,471
Thomas Scientific
BSP-TS, LP	Preferred Equity - Preferred Equity		N/A		N/A			17 Shares					17					18			(9)(13)(24)
	Common Equity - Common Stock		N/A		N/A			185 Shares					185					161			(9)(13)
Thomas Scientific, LLC	First Lien Secured Debt		SOFR+640, 1.00% Floor		12/14/27				31,254					30,809					30,735			(9)(31)
	First Lien Secured Debt - Revolver		P+525		12/14/27				2,963					405					395			(9)(21)(23)(28)
															31,416					31,309
				Total Wholesale		$		46,949			$		46,780
Total Investments before Cash Equivalents										$		2,538,142			$		2,334,199
J.P. Morgan U.S. Government Money Market Fund		N/A		N/A			140			$		140			$		140			(34)
Goldman Sachs Financial Square Government Fund		N/A		N/A			112			$		112			$		112			(34)
Total Investments after Cash Equivalents									$		2,538,394			$		2,334,451			(6)(7)

(1)

Fair value is determined in good faith by or under the direction of the board of directors of the Company (the "Board") (See Note 2 to the consolidated financial statements).

(2)

Preferred and ordinary shares in Solarplicity UK Holdings Limited are GBP denominated equity investments. Common shares in 1244311 B.C. Ltd. are CAD denominated equity investments.

(3)

Denotes investments in which the Company owns greater than 25% of the equity, where the governing documents of each entity preclude the Company from exercising a controlling influence over the management or policies of such entity. The Company does not have the right to elect or appoint more than 25% of the directors or another party has the right to elect or appoint more directors than the Company and has the right to appoint certain members of senior management. Therefore, the Company has determined that these entities are not controlled affiliates. As of December 31, 2024, we had a 100% equity ownership interest in Golden Bear 2016-R, LLC, a collateralized loan obligation.

(4)

Denotes investments in which we are an “Affiliated Person,” as defined in the 1940 Act, due to holding the power to vote or owning 5% or more of the outstanding voting securities of the investment but not controlling the company. Fair value as of December 31, 2022 and December 31, 2023 along with transactions during the twelve months ended December 31, 2023 in these affiliated investments are as follows:

Name of Issuer · Fair Value at December 31, 2022 · Gross Additions ● · Gross Reductions ■ · Net Change in Unrealized Gains (Losses) · Fair Value at December 31, 2023 · Net Realized Gains (Losses) · Interest/Dividend/Other Income
1244311 B.C. Ltd., Common Stock	$	339	$	—	$	—	$	748	$	1,087	$	—	$	—
1244311 B.C. Ltd., Term Loan		3,830		115		(378)		173		3,740		—		421
AIC SPV Holdings II, LLC, Preferred Equity*		74		—		(74)		—		—		—		—
Carbonfree Chemicals Holdings LLC, Common Stock		20,202		—		—		(1,475)		18,727		—		—
FC2 LLC, Term Loan		12,500		—		—		1		12,501		—		817
FC2 LLC, Common Stock		—		—		—		—		—		—		—
Golden Bear 2016-R, LLC, Membership Interests		9,413		131		—		1,168		10,712		—		—
GSC Technologies Inc., Term Loan		177		7		(198)		14		—		—		13
Pelican Energy, LLC, Common Stock		195		—		(469)		414		140		—		—
Renew Financial LLC (f/k/a Renewable Funding, LLC), Series B Preferred Stock*		—		—		—		—		—		—		—
Renew Financial LLC (f/k/a Renewable Funding, LLC), Series D Preferred Stock*		—		—		—		—		—		—		—
Renew Financial LLC (f/k/a Renewable Funding, LLC), Series E Preferred Stock		—		—		—		—		—		—		—
Renew Financial LLC (f/k/a Renewable Funding, LLC), Preferred Equity*		1,961		—		(1,961)		—		—		—		—
Renew Financial LLC (f/k/a Renewable Funding, LLC), Common Stock*		—		—		—		—		—		—		—
Renew JV LLC, Membership Interests*		449		—		(449)		—		—		—		—
Auto Pool 2023 Trust (Del. Stat. Trust)		—		29,946		(2,082)		2,757		30,621		—		1,010
	$	49,141	$	30,199	$	(5,611)	$	3,799	$	77,528	$	—	$	2,261

As of December 31, 2023 this investment was not considered to be an “Affiliated Person” to the Company. The Company’s ownership of, or power to vote, the outstanding voting securities of the investment was reduced below 5% during the current period.

Gross additions include increases in the basis of investments resulting from new portfolio investments, payment-in-kind interest or dividends, 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.

■ Gross reductions include decreases in the basis of investments resulting from principal collections related to investment repayments or sales, the amortization of premiums, the exchange of one or more existing securities for one or more new securities and the movement of an existing portfolio company out of this category into a different category.

(5)

Denotes investments in which we are deemed to exercise a controlling influence over the management or policies of a company, as defined in the 1940 Act, due to beneficially owning, either directly or through one or more controlled companies, more than 25% of the outstanding voting securities of the investment. Fair value as of December 31, 2022 and December 31, 2023 along with transactions during the twelve months ended December 31, 2023 in these controlled investments are as follows:

Name of Issuer · Fair Value at December 31, 2022 · Gross Additions ● · Gross Reductions ■ · Net Change in Unrealized Gains (Losses) · Fair Value at December 31, 2023 · Net Realized Gains (Losses) · Interest/Dividend/Other Income
Majority Owned Company
ChyronHego Corporation, Preferred Equity	$	22,500	$	—	$	—	$	(1,872)	$	20,628	$	—	$	—
ChyronHego Corporation, Revolver		8,956		1,044		(9,989)		(11)		—		—		440
ChyronHego Corporation, Term Loan		91,042		1,246		(91,833)		(455)		—		—		4,823
ChyronHego US Holding Corporation, Term Loan		—		106,691		—		215		106,906		—		5,379
ChyronHego US Holding Corporation, Revolver		—		1,300		—		—		1,300		—		18
Merx Aviation Finance, LLC, Letter of Credit		—		—		—		—		—		—		30
Merx Aviation Finance, LLC, Membership Interests		111,446		—		—		5,597		117,043		—		—
Merx Aviation Finance, LLC, Revolver		150,000		—		(75,926)		2		74,076		—		8,321
MSEA Tankers LLC, Class A Units		4,256		—		(3,605)		(606)		45		—		—
Controlled Company
SHD Oil & Gas, LLC, Series C Units		580		—		—		(234)		346		—		—
SHD Oil & Gas, LLC, Series A Units		—		—		—		—		—		—		—
	$	388,780	$	110,281	$	(181,353)	$	2,636	$	320,344	$	—	$	19,011

As of December 31, 2023, the Company had an 87%,100%,100% and 38% equity ownership interest in ChyronHego Corporation; Merx Aviation Finance, LLC; MSEA Tankers, LLC; and SHD Oil & Gas, LLC (f/k/a Spotted Hawk Development LLC), respectively.

(6)

Aggregate gross unrealized gain and loss for federal income tax purposes is $60,869 and $271,663, respectively. Net unrealized loss is $210,794 based on a tax cost of $2,545,245.

(7)

(8)

The negative fair value is the result of the commitment being valued below par.

(9)

(10)

(11)

These investments have a maturity date prior to the end of the current period. Sonar Entertainment is expected to be paid down in a series of payments subsequent to the stated maturity date. Additional proceeds are expected from Crowne Automotive and Solarplicity Group after the resolution of bankruptcy proceedings, or other corporate actions, at each respective issuer.

(12)

Par amount is denominated in USD unless otherwise noted, Euro (“€”), British Pound (“£”), Canadian Dollar (“C$”), and Australian Dollar (“A$”) .

(13)

Non-income producing security.

(14)

Non-accrual status (See Note 2 to the consolidated financial statements).

(15)

The underlying investments of AIC SPV Holdings II, LLC is a securitization in which the Company owns preferred shares representing 14.25% economic interest.

(16)

AIC Spotted Hawk Holdings, LLC, AIC SHD Holdings, LLC, AIC Pelican Holdings, LLC, AIC SB Holdings LLC and AP Surf Investments, LLC are wholly owned special purpose vehicles which only hold investments of the underlying portfolio companies and have no other significant assets or liabilities. AIC Spotted Hawk Holdings, LLC holds equity and debt investments in SHD Oil & Gas, LLC. AIC SHD Holdings LLC holds equity investments in SHD Oil & Gas, LLC. and equity investments in both Carbonfree Chemicals Holdings, LLC and Carbonfree Chemicals SA, LLC. AIC Pelican Holdings, LLC holds an equity investment in Pelican Energy, LLC. AP Surf Investments, LLC holds equity investments in Surf Opco, LLC. AIC SB Holdings LLC holds equity investments in Gainline Galaxy Holdings LLC.

(17)

Investments that the Company has determined are not “qualifying assets” under Section 55(a) of the 1940 Act. Under the 1940 Act, we may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of our total assets. The status of these assets under the 1940 Act is subject to change. The Company monitors the status of these assets on an ongoing basis. As of December 31, 2023, non-qualifying assets represented approximately 5.5% of the total assets of the Company.

(18)

As of December 31, 2023, MSEA Tankers, LLC had various classes of limited liability interests outstanding of which the Company holds Class A-1 and Class A-2 units which are identical except that Class A-1 unit is voting and Class A-2 unit is non-voting. The units entitle the Company to appoint two out of three managers to the board of managers.

(19)

(20)

As of December 31, 2023, there were letters of credit issued and outstanding through the Company under Senior Secured Facility.

(21)

The undrawn portion of these committed revolvers and delayed draw term loans includes a commitment and unused fee rate.

(22)

(23)

As of December 31, 2023, the Company had the following commitments to fund various revolving and delayed draw senior secured and subordinated loans, including commitments to issue letters of credit through a financial intermediary on behalf of certain portfolio companies. Such commitments are subject to the satisfaction of certain conditions set forth in the documents governing these loans and letters of credit and there can be no assurance that such conditions will be satisfied. See Note 9 to the consolidated financial statements for further information on revolving and delayed draw loan commitments, including commitments to issue letters of credit, related to certain portfolio companies.

Name of Issuer · Total Commitment · Drawn Commitment · Letters of Credit ** · Undrawn Commitment
A&V Holdings Midco, LLC	$	1,505	$	361	$	—	$	1,144
ACP Avenu Buyer, LLC		6,250		—		—		6,250
AMI US Holdings Inc.		2,907		—		—		2,907
Acentra Holdings, LLC (fka CNSI Holdings, LLC)		2,000		733		—		1,267
Activ Software Holdings, LLC		2,407		—		—		2,407
Alcami Corporation		1,781		—		—		1,781
Alpinex Opco, LLC		1,489		596		—		893
Athlete Buyer, LLC		652		—		—		652
Banner Buyer, LLC		1,935		—		—		1,935
Beacon Mobility Corp.		59,145		—		34,336		24,809
Berner Food & Beverage, LLC		2,881		1,377		—		1,504
Bird Rides, Inc.		5,167		—		—		5,167
Camin Cargo Control Holdings, Inc.		4,000		—		—		4,000
Cave Enterprises Operations, LLC		1,333		—		—		1,333
Celerion Buyer, Inc.		1,918		—		—		1,918
Cerus Corporation		6,500		1,763		—		4,737
ChyronHego US Holding Corporation		5,000		1,300		—		3,700
CircusTrix Holdings LLC		4,000		—		—		4,000
Club Car Wash Operating, LLC		2,900		1,625		—		1,275
Compu-Link Corporation		2,273		—		—		2,273
Compu-Link Corporation (dba Celink)		610		—		—		610
Digital.ai Software Holdings, Inc.		2,419		1,028		—		1,391
Eagle Purchaser, Inc.		1,500		263		—		1,237
Eldrickco Limited*		4,051		452		—		3,599
EmpiRx Health LLC		909		—		227		682
ExactCare Parent, Inc.		1,967		—		—		1,967
G Treasury SS LLC		2,250		—		—		2,250
GB001, Inc.		24,000		—		—		24,000
GI Apple Midco LLC		1,262		310		39		913
GS SEER Group Borrower LLC		1,523		—		—		1,523
Gabriel Partners, LLC		665		266		—		399
Gateway US Holdings, Inc.		304		—		—		304
Go Car Wash Management Corp.		13,142		—		—		13,142
Graffiti Buyer, Inc.		1,307		451		—		856
Green Grass Foods, Inc.		1,250		—		—		1,250
Guernsey Holdings SDI LA LLC		1,167		—		—		1,167
Gutter Buyer, Inc.		2,727		2,625		102		—
HEF Safety Ultimate Holdings, LLC		7,500		400		—		7,100
HRO (Hero Digital) Holdings, LLC		9,617		2,520		31		7,066
HSI HALO Acquisition, Inc.		813		813		—		—
Health Management Associates Superholdings, Inc.		768		—		5		763
Heniff Holdco, LLC		3,925		1,504		164		2,257
High Street Buyer, Inc.		2,203		—		—		2,203
Hive Intermediate, LLC		2,326		633		—		1,693
HomeRenew Buyer, Inc.		1,958		1,958		—		—
IW Buyer LLC		393		—		9		384
Ironhorse Purchaser, LLC		1,932		277		13		1,642
JF Acquisition, LLC		1,569		—		—		1,569
Jacent Strategic Merchandising		3,500		1,564		—		1,936
KL Charlie Acquisition Company		1,962		1,439		—		523
Kauffman Intermediate, LLC		1,243		311		155		777
Kure Pain Holdings, Inc.		2,654		—		—		2,654

Name of Issuer	Total Commitment	Drawn Commitment	Letters of Credit **	Undrawn Commitment
LS Clinical Services Holdings, Inc.	1,875	750	—	1,125
Lash OpCo, LLC	1,612	1,216	—	396
LendingPoint LLC	8,333	8,333	—	—
Lifelong Learner Holdings, LLC	2,985	2,982	—	3
Litify LLC	833	—	—	833
M&M OPCO, LLC	476	—	—	476
Magnate Holding Corp.	3,150	3,150	—	—
Marlin DTC-LS Midco 2, LLC	685	—	—	685
Maxor National Pharmacy Services, LLC	1,530	—	—	1,530
Medical Guardian, LLC	8,571	552	—	8,019
Merx Aviation Finance, LLC	80,252	74,075	6,177	—
Midwest Vision Partners Management, LLC	612	612	—	—
Mobile Communications America, Inc.	10,000	—	—	10,000
Momentx Corporation	1,257	1,257	—	—
Naviga Inc. (fka Newscycle Solutions, Inc.)	500	450	—	50
New Era Technology, Inc.	1,732	—	—	1,732
Norvax, LLC	3,182	—	—	3,182
Omada Health, Inc.	1,550	5	—	1,545
PARS Group LLC	952	—	—	952
PHS Buyer, Inc.	2,000	1,335	—	665
Pace Health Companies, LLC	1,400	—	118	1,282
Paladone Group Bidco Limited	1,412	—	—	1,412
Paladone Group Bidco Limited*	449	—	—	449
Patriot Foods Buyer, Inc.	750	—	—	750
Pave America Interco, LLC (f/k/a Pavement Partners Interco, LLC)	942	—	—	942
Precision Refrigeration & Air Conditioning LLC	6,705	853	—	5,852
Project Comfort Buyer, Inc.	1,731	—	—	1,731
Protein For Pets Opco, LLC	2,219	—	—	2,219
Purchasing Power Funding I, LLC	9,112	9,112	—	—
RHI Acquisition LLC	3,300	—	—	3,300
Roscoe Medical, Inc	1,393	533	—	860
SI Holdings, Inc.	3,413	512	—	2,901
Shelby 2021 Holdings Corp.	969	—	—	969
Sigma Buyer LLC	1,500	100	—	1,400
Silk Holdings III Corp.	20,125	—	—	20,125
Simeio Group Holdings, Inc.	1,731	1,156	—	575
Sirsi Corporation	429	—	—	429
Smith Topco, Inc.	1,128	—	—	1,128
Springbrook Holding Company, LLC	1,463	—	—	1,463
Surf Opco, LLC	20,000	15,882	333	3,785
TELA Bio, Inc.	3,333	—	—	3,333
THLP CO. LLC	4,494	2,106	180	2,208
TS Investors, LLC	554	—	—	554
Telesoft Holdings, LLC	2,273	326	—	1,947
TerSera Therapeutics LLC	1,140	—	—	1,140
Thomas Scientific, LLC	2,963	444	—	2,519
TissueTech, Inc.	6,250	500	—	5,750
Treace Medical Concepts, Inc.	23,417	400	—	23,017
Trench Plate Rental Co.	1,818	590	125	1,103
Truck-Lite Co., LLC	3,052	—	95	2,957
Turbo Buyer, Inc.	923	—	—	923
US Fertility Enterprises, LLC	62	28	—	34
USLS Acquisition, Inc.	1,608	965	27	616
Ultimate Baked Goods Midco LLC	3,244	—	645	2,599
Unchained Labs, LLC	726	—	—	726

Name of Issuer · Total Commitment · Drawn Commitment · Letters of Credit ** · Undrawn Commitment
Upstack Holdco Inc.		3,000		900		110		1,990
Village Pet Care, LLC		5,250		—		—		5,250
WelldyneRX, LLC		1,923		—		—		1,923
Westfall Technik, Inc.		2,042		2,042		—		—
Wildcat BuyerCo, Inc.		2,851		—		30		2,821
Yak Access LLC		5,000		1,250		—		3,750
Total Commitments	$	507,640	$	156,985	$	42,921	$	307,734

*These investments are in a foreign currency and the total commitment has been converted to USD using the December 31, 2023 exchange rate.

**For all letters of credit issued and outstanding on December 31, 2023, $42,921 will expire in 2024.

(24)

Securities that are exempt from registration under the Securities Act of 1933 (the “Securities Act”), and may be deemed to be “restricted securities” under the Securities Act. As of December 31, 2023, the aggregate fair value of these securities is $158,77 or 16 of the Company's net assets. The acquisition dates of the restricted securities are as follows:

Issuer	Investment Type	Acquisition Date
1244311 B.C. Ltd.	Common Equity - Common Stock	9/30/2020
BSP-TS, LP	Preferred Equity - Preferred Equity	10/23/2023
Carbonfree Chemicals Holdings LLC	Common Equity - Common Equity / Interest	11/1/2019
ChyronHego Corporation	Preferred Equity - Preferred Equity	12/29/2020
FC2 LLC	Common Equity - Common Stock	10/14/2022
Greylock Holdings LLC	Common Equity - Common Stock	3/16/2023
GS SEER Group Holdings, LLC	Common Equity - Common Stock	4/28/2023
Litify Holdings Inc.	Common Equity - Common Stock	2/3/2023
Maxor Topco, L.P.	Preferred Equity - Preferred Equity	3/1/2023
Merx Aviation Finance, LLC	Common Equity - Membership Interests	9/1/2022
MSEA Tankers LLC	Common Equity - Class A Units	12/12/2014
Nutpods Holdings, Inc.	Common Equity - Common Stock	12/26/2023
Pelican Energy, LLC	Common Equity - Membership Interests	3/28/2012
SHD Oil & Gas, LLC	Common Equity - Series A Units	11/18/2016
SHD Oil & Gas, LLC	Common Equity - Series C Units	12/27/2012
Silk Holdings I Corp.	Common Equity - Common Stock	5/1/2023

(25)

The Company has approximately 22.5% ownership interest in the Auto Pool 2023 Trust (Del. Stat. Trust). Auto Pool 2023 Trust holds underlying assets that consist of a pool of retail auto loans and residual interests in auto loan trusts. The Company also continues to have an interest in any residual assets from the bankruptcy proceedings related to U.S. Auto Finance.

(26)

Mannkind Corporation is subject to an interest rate cap. The investment is capped at the lesser of 8.25% and the stated interest rate.

(27)

Treace Medical Concepts, Inc. is subject to an interest rate cap. The investment is capped at the lesser of stated interest rate and 3.00% plus the applicable margin.

(28)

The interest rate on these loans is subject to Prime, which as of December 31, 2024 was 8.50%.

(29)

The interest rate on these loans is subject to SONIA, which as of December 31, 2024 was 5.19%.

(30)

The interest rate on these loans is subject to 1 month SOFR, which as of December 31, 2024 was 5.35%.

(31)

The interest rate on these loans is subject to 3 months SOFR, which as of December 31, 2024 was 5.33%.

(32)

The interest rate on these loans is subject to 6 months SOFR, which as of December 31, 2024 was 5.16%.

(33)

The interest rate on these loans is subject to 12 months SOFR, which as of December 31, 2024 was 4.77%.

(34)

The following shows the composition of the Company’s portfolio at cost by control designation, investment type and industry as of December 31, 2023:

Industry · First Lien - Secured Debt · Second Lien - Secured Debt · Unsecured Debt · Structured Products and Other · Preferred Equity · Common Equity/Interests · Warrants · Total
Non-Controlled / Non-Affiliated Investments
Advertising, Printing & Publishing	$	47,082	$	—	$	—	$	—	$	—	$	433	$	—	$	47,515
Automotive		60,152		—		—		—		—		23,971		—		84,123
Aviation and Consumer Transport		5,300		—		—		—		—		—		—		5,300
Beverage, Food & Tobacco		110,113		—		—		—		448		1,534		—		112,095
Business Services		256,321		31,060		—		—		89		2,038		—		289,508
Chemicals, Plastics & Rubber		23,418		—		—		—		—		—		—		23,418
Construction & Building		49,631		—		—		—		—		500		—		50,131
Consumer Goods – Durable		24,707		—		—		—		—		107		—		24,814
Consumer Goods – Non-durable		84,351		—		—		—		492		2,234		—		87,077
Consumer Services		159,987		—		—		—		—		—		—		159,987
Diversified Investment Vehicles, Banking, Finance, Real Estate		43,375		—		—		—		—		100		—		43,475
Energy – Electricity		7,231		—		—		—		6,157		17,123		—		30,511
Healthcare & Pharmaceuticals		412,585		—		—		—		633		256		389		413,863
High Tech Industries		319,790		—		—		—		—		1,107		—		320,897
Hotel, Gaming, Leisure, Restaurants		29,495		—		—		—		—		—		—		29,495
Insurance		47,879		—		—		—		—		—		—		47,879
Manufacturing, Capital Equipment		48,652		7,976		—		—		11,849		250		—		68,727
Retail		30,814		—		—		—		—		—		—		30,814
Telecommunications		2,305		7,238		—		—		—		—		—		9,543
Transportation – Cargo, Distribution		71,663		—		—		—		—		—		—		71,663
Utilities – Electric		14,489		—		—		—		—		—		—		14,489
Wholesale		46,134		—		—		—		17		798		—		46,949
Total Non-Controlled / Non-Affiliated Investments	$	1,895,474	$	46,274	$	—	$	—	$	19,685	$	50,451	$	389	$	2,012,273
Non-Controlled / Affiliated Investments
Chemicals, Plastics & Rubber	$	12,500	$	—	$	—	$	—	$	—	$	56,505	$	—	$	69,005
Consumer Goods – Durable		3,848		—		—		—		—		1,000		—		4,848
Consumer Services		—		—		—		27,865		—		—		—		27,865
Diversified Investment Vehicles, Banking, Finance, Real Estate		—		—		—		17,128		—		—		—		17,128
Energy – Oil & Gas		—		—		—		—		—		11,802		—		11,802
Total Non-Controlled / Affiliated Investments	$	16,348	$	—	$	—	$	44,993	$	—	$	69,307	$	—	$	130,648
Controlled Investments
Aviation and Consumer Transport	$	74,075	$	—	$	—	$	—	$	—	$	146,500	$	—	$	220,575
Energy – Oil & Gas		—		—		—		—		—		44,865		—		44,865
High Tech Industries		107,990		—		—		—		6,000		—		—		113,990
Transportation – Cargo, Distribution		—		—		—		—		—		15,791		—		15,791
Total Controlled Investments	$	182,065	$	—	$	—	$	—	$	6,000	$	207,156	$	—	$	395,221
Total	$	2,093,887	$	46,274	$	—	$	44,993	$	25,685	$	326,914	$	389	$	2,538,142

(35)The following shows the composition of the Company’s portfolio at fair value by control designation, investment type and industry as of December 31, 2023:

Industry · First Lien - Secured Debt · Second Lien - Secured Debt · Unsecured Debt · Structured Products and Other · Preferred Equity · Common Equity/Interests · Warrants · Total · % of Net Assets
Non-Controlled / Non-Affiliated Investments
Advertising, Printing & Publishing	$	45,805	$	—	$	—	$	—	$	—	$	524	$	—	$	46,329	4.61%
Automotive		59,097		—		—		—		—		1,979		—		61,076	6.08%
Aviation and Consumer Transport		5,286		—		—		—		—		—		—		5,286	0.53%
Beverage, Food & Tobacco		109,270		—		—		—		148		2,310		—		111,728	11.11%
Business Services		255,546		17,908		—		—		89		3,312		—		276,855	27.54%
Chemicals, Plastics & Rubber		22,834		—		—		—		—		—		—		22,834	2.27%
Construction & Building		49,209		—		—		—		—		137		—		49,346	4.91%
Consumer Goods – Durable		24,728		—		—		—		—		826		—		25,554	2.54%
Consumer Goods – Non-durable		84,335		238		—		—		73		302		—		84,948	8.45%
Consumer Services		159,230		—		—		—		—		—		—		159,230	15.84%
Diversified Investment Vehicles, Banking, Finance, Real Estate		43,085		—		—		—		—		86		—		43,171	4.29%
Energy – Electricity		2,146		—		—		—		109		508		—		2,763	0.27%
Healthcare & Pharmaceuticals		405,851		—		—		—		709		2,829		199		409,588	40.74%
High Tech Industries		319,151		—		—		—		—		2,000		—		321,151	31.95%
Hotel, Gaming, Leisure, Restaurants		29,399		—		—		—		—		—		—		29,399	2.92%
Insurance		47,546		—		—		—		—		—		—		47,546	4.73%
Manufacturing, Capital Equipment		48,494		7,710		—		—		10,631		433		—		67,268	6.69%
Retail		30,929		—		—		—		—		—		—		30,929	3.08%
Telecommunications		2,296		6,031		—		—		—		—		—		8,327	0.83%
Transportation – Cargo, Distribution		71,850		—		—		—		—		—		—		71,850	7.15%
Utilities – Electric		14,369		—		—		—		—		—		—		14,369	1.43%
Wholesale		46,052		—		—		—		18		710		—		46,780	4.65%
Total Non-Controlled / Non-Affiliated Investments	$	1,876,508	$	31,887	$	—	$	—	$	11,777	$	15,956	$	199	$	1,936,327	192.61%
% of Net Assets		186.66%		3.17%		0.00%		0.00%		1.17%		1.59%		0.02%		192.61%
Non-Controlled / Affiliated Investments
Chemicals, Plastics & Rubber	$	12,501	$	—	$	—	$	—	$	—	$	18,727	$	—	$	31,228	3.11%
Consumer Goods – Durable		3,740		—		—		—		—		1,087		—		4,827	0.48%
Consumer Services		—		—		—		30,621		—		—		—		30,621	3.05%
Diversified Investment Vehicles, Banking, Finance, Real Estate		—		—		—		10,712		—		—		—		10,712	1.07%
Energy – Oil & Gas		—		—		—		—		—		140		—		140	0.01%
Total Non-Controlled / Affiliated Investments	$	16,241	$	—	$	—	$	41,333	$	—	$	19,954	$	—	$	77,528	7.72%
% of Net Assets		1.62%		0.00%		0.00%		4.11%		0.00%		1.99%		0.00%		7.72%
Controlled Investments
Aviation and Consumer Transport	$	74,076	$	—	$	—	$	—	$	—	$	117,043	$	—	$	191,119	19.01%
Energy – Oil & Gas		—		—		—		—		—		346		—		346	0.03%
High Tech Industries		108,206		—		—		—		20,628		—		—		128,834	12.82%
Transportation – Cargo, Distribution		—		—		—		—		—		45		—		45	0.00%
Total Controlled Investments	$	182,282	$	—	$	—	$	—	$	20,628	$	117,434	$	—	$	320,344	31.86%
% of Net Assets		18.13%		0.00%		0.00%		0.00%		2.05%		11.68%		0.00%		31.86%
Total	$	2,075,031	$	31,887	$	—	$	41,333	$	32,405	$	153,344	$	199	$	2,334,199	232.19%
% of Net Assets		206.41%		3.17%		0.00%		4.11%		3.22%		15.26%		0.02%		232.19%

Industry Classification	Percentage of Total Investments (at Fair Value) as of December 31, 2023
High Tech Industries	19.3%
Healthcare & Pharmaceuticals	17.6%
Business Services	11.9%
Aviation and Consumer Transport	8.4%
Consumer Services	8.1%
Beverage, Food & Tobacco	4.8%
Consumer Goods – Non-durable	3.6%
Transportation – Cargo, Distribution	3.1%
Manufacturing, Capital Equipment	2.9%
Automotive	2.6%
Chemicals, Plastics & Rubber	2.3%
Diversified Investment Vehicles, Banking, Finance, Real Estate	2.3%
Construction & Building	2.1%
Insurance	2.0%
Wholesale	2.0%
Advertising, Printing & Publishing	2.0%
Retail	1.3%
Consumer Goods – Durable	1.3%
Hotel, Gaming, Leisure, Restaurants	1.3%
Utilities – Electric	0.6%
Telecommunications	0.4%
Energy – Electricity	0.1%
Energy – Oil & Gas	0.0%
Total Investments	100.0%

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.