Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Elements Finco Limited (IRIS Software) | Software and Computer Services | 1st Lien Senior Secured Debt | SN + 5.00% | £48,261 | 41,260 | 41,863 | 0.39% |
Rithum Holdings Inc (Commercehub) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 6.25% | $42,491 | 40,348 | 42,287 | 0.39% |
Prism Parent Co., Inc. (Unison Software) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 5.00% | $53,517 | 41,876 | 42,683 | 0.40% |
Floating Infrastructure Holdings Finance LLC (NFE VesselCo) | Gas, Water and Multi-utilities | 1st Lien Senior Secured Debt | SF + 5.75% | $42,928 | 42,390 | 42,928 | 0.40% |
CC WDW Borrower, Inc. (Advantek, LLC) | Technology Hardware and Equipment | 1st Lien Senior Secured Debt | SF + 6.75% | $72,947 | 48,446 | 44,778 | 0.42% |
DAPHNE S.P.A. (Dainese) | Personal Goods | 1st Lien Senior Secured Debt | E + 6.25% | €49,333 | 47,641 | 45,003 | 0.42% |
Frontgrade Technologies Holdings Inc. (CAES Space) | Aerospace and Defense | 1st Lien Senior Secured Debt | SF + 5.00% | $52,059 | 44,013 | 45,195 | 0.42% |
Spirit RR Holdings, Inc. (Reorg Research) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.00% | $52,551 | 45,167 | 45,980 | 0.43% |
TriMech Acquisition Corp. (TriMech) | Software and Computer Services | 1st Lien Senior Secured Debt | SN + 4.75% | £36,162 | 43,821 | 46,088 | 0.43% |
Trupanion, Inc. (Trupanion) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 5.00% | $53,109 | 46,076 | 46,482 | 0.43% |
Quail Buyer, Inc. (Quicken Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 5.50% | $47,230 | 46,548 | 46,856 | 0.43% |
AI Circle Bidco Limited (myPOS) | Industrial Support Services | 1st Lien Senior Secured Debt | E + 6.75% | €50,994 | 45,968 | 47,386 | 0.44% |
Arcfield Acquisition Corp (TigerCub) | Aerospace and Defense | 1st Lien Senior Secured Debt | SF + 6.25% | $54,447 | 47,910 | 47,624 | 0.44% |
Cadence - Southwick, Inc. (Cadence Engines) | Aerospace and Defense | 1st Lien Senior Secured Debt | SF + 6.75% | $52,612 | 47,367 | 48,171 | 0.45% |
Camin Cargo Control Holdings, Inc. (Camin Cargo) | Oil, Gas and Coal | 1st Lien Senior Secured Debt | SF + 6.00% | $59,885 | 46,915 | 48,273 | 0.45% |
Oil Changer Holding Corporation | Automobiles and Parts | 1st Lien Senior Secured Debt | SF + 6.75% | $48,994 | 48,713 | 48,994 | 0.45% |
The One Group, LLC | Travel and Leisure | 1st Lien Senior Secured Debt | SF + 6.50% | $50,920 | 49,418 | 49,417 | 0.46% |
Cube Industrials Buyer, Inc. (Circor International Inc.) | General Industrials | 1st Lien Senior Secured Debt | SF + 6.00% | $54,750 | 48,338 | 49,577 | 0.46% |
Auerlia Netherlands Midco 2 B.V. (Adevinta ASA) | Software and Computer Services | 1st Lien Senior Secured Debt | E + 5.75% | €46,878 | 49,726 | 49,849 | 0.46% |
Summit Acquisition Inc. (K2 Insurance Services LLC) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 6.75% | $66,304 | 46,961 | 49,850 | 0.46% |
More Cowbell II, LLC (Standish) | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 6.00% | $63,290 | 49,080 | 50,216 | 0.47% |
Accession Risk Management Group, Inc. (Business Risk Strategies Ltd) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 5.50% | $54,253 | 53,545 | 53,786 | 0.50% |
American Academy Holdings, LLC (American Academy of Professional Coders) | Consumer Services | 1st Lien Senior Secured Debt | SF + 9.75% (incl 5.25% PIK) | $55,112 | 55,112 | 55,104 | 0.51% |
Esdec Solar Group B.V. (Esdec) | Construction and Materials | 1st Lien Senior Secured Debt | E + 6.00% | €68,474 | 54,824 | 55,253 | 0.51% |
WCAS XIV Primary Care Investors, L.P. | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.25% | $56,433 | 55,329 | 55,328 | 0.51% |
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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 other secured investments.
- All figures are as of May 31, 2024 unless otherwise indicated. % of total portfolio shown above is measured as total fair value of investments.