Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer (Alliant Ins Services Inc.) | Non-life Insurance | Unsecured Debt | 6.75% | $6,255 | 5,773 | 6,083 | 0.06% |
CCO Holdings LLC / CCO Holdings Capital Corp (Charter Communications Inc) | Telecommunications Service Providers | Unsecured Debt | 5.50% | $7,000 | 7,067 | 6,884 | 0.07% |
DCA Acquisition Holdings LLC (Dental Care Alliance) | Medical Equipment and Services | Unsecured Debt | 13.13% PIK | $1,322 | 1,300 | 1,261 | 0.01% |
VetCor Group Holdings LLC (VetCor) | Health Care Providers | Unsecured Debt | 13.75% PIK | $1,175 | 1,156 | 1,076 | 0.01% |
VetCor Group Holdings LLC (VetCor) | Health Care Providers | Unsecured Debt | 14.75% PIK | $239 | 233 | 229 | 0.00% |
Wildcat Car Wash Holdings, LLC (Wildcat Car Wash) | Consumer Services | Unsecured Debt | 15.00% PIK | $13,718 | 13,718 | 13,718 | 0.14% |
ALM 2020 Ltd (ALM Loan Funding) | Structured Finance | Structured Finance investments | SF + 6.26% | $3,330 | 3,046 | 3,332 | 0.04% |
AMMC CLO 21 LTD (American Money Management Corp) | Structured Finance | Structured Finance investments | SF + 6.76% | $4,126 | 3,676 | 3,919 | 0.04% |
AMMC CLO 21 LTD (American Money Management Corp) | Structured Finance | Structured Finance investments | SF + 3.36% | $2,150 | 1,932 | 2,162 | 0.02% |
CENT CLO 16, L.P. | Structured Finance | Structured Finance investments | SF + 8.07% | $3,000 | 2,826 | 2,809 | 0.03% |
Carlyle Global Market Strategies (Carlyle US CLO 2021-7, Ltd.) | Structured Finance | Structured Finance investments | SF + 5.66% | $1,200 | 946 | 1,120 | 0.01% |
Catskill Park CLO, LTD. | Structured Finance | Structured Finance investments | SF + 6.26% | $1,350 | 1,233 | 1,347 | 0.01% |
Dryden 108 CLO Ltd (Dryden Senior Loan Fund) | Structured Finance | Structured Finance investments | $2,900 | 2,291 | 1,999 | 0.02% | |
Marble Point CLO XI Ltd | Structured Finance | Structured Finance investments | SF + 3.06% | $1,850 | 1,575 | 1,737 | 0.02% |
Monroe Capital MML CLO XIV LLC (Monroe Capital MML CLO) | Structured Finance | Structured Finance investments | SF + 10.02% | $2,500 | 2,344 | 2,473 | 0.03% |
OCP CLO 2017-14 Ltd | Structured Finance | Structured Finance investments | SF + 6.80% | $1,469 | 1,292 | 1,481 | 0.02% |
Shackleton 2019-XV CLO Ltd (Shackleton CLO LTD) | Structured Finance | Structured Finance investments | SF + 6.92% | $3,000 | 2,655 | 2,985 | 0.03% |
Voya CLO Ltd | Structured Finance | Structured Finance investments | SF + 3.81% | $1,500 | 1,339 | 1,489 | 0.02% |
BCPE VIRGINIA HOLDCO, INC. (Guidehouse Inc.) | Industrial Support Services | Preferred Equity | 13.75% PIK | $2,000 | 1,960 | 2,031 | 0.02% |
CG PARENT INTERMEDIATE HOLDINGS, INC. (Colibri Group) | Consumer Services | Preferred Equity | 13.75% PIK | $2,000 | 1,940 | 2,030 | 0.02% |
CLUB CAR WASH PREFERRED, LLC (Wildcat Car Wash) | Consumer Services | Preferred Equity | 15.00% PIK | $19,474 | 16,225 | 16,225 | 0.17% |
OneTeam Partners, LLC (OneTeam Partners) | Media | Preferred Equity | 8.00% | $1,000 | 1,000 | 1,149 | 0.01% |
Picard Holdco, Inc. (Citrix) | Software and Computer Services | Preferred Equity | SF + 12.00% (incl 12.00% PIK) | $334 | 325 | 378 | 0.00% |
RAPID EXPRESS PREFERRED, LLC (Wildcat Car Wash) | Consumer Services | Preferred Equity | 15.00% PIK | $7,694 | 5,837 | 5,837 | 0.06% |
ULTRA III, LLC (Unitranche Holdings III, LLC) | Joint Ventures | Joint Ventures | $400,000 | 158,113 | 158,961 | 1.68% |
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Footnotes
- Computed as (a) the annual stated interest rate or yield plus the annual accretion of discounts and less any annual amortization of premiums, as applicable, on accruing (i) debt and (ii) other income producing securities, divided by (b) total accruing (i) debt and (ii) other income producing securities (at fair value or amortized cost, as applicable). Actual yields earned over the life of each investment could differ materially from the yields presented above.
- Private Investments represents level 3 investments in the investment portfolio where inputs to the valuation methodology are unobservable and significant to overall fair value measurement. Measured as total fair value of investments.
- Measured as the fair value of investments for each category relative to the total fair value of investments. Totals may not sum due to rounding.
- Measured as the fair value of debt investments.
- Calculated with respect to all private investments, including investments for which fair value is determined by HPS (in its capacity as the investment manager of HLEND) (with assistance, at least quarterly, from a third-party valuation firm, and overseen by HLEND’s Board of Trustees) and, in the case of weighted average EBITDA only, excludes investments where net debt to EBITDA may not be the appropriate measure of credit risk. Figures are derived from the financial statements most recently obtained by the Adviser. Weighted average EBITDA is weighted based on the fair value of our total applicable private debt investments.
- Other includes structured finance investments and investments in joint ventures.
- All figures are as of February 29, 2024 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.