Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Atlas Intermediate III, L.L.C. (Actylis) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 7.50% | $13,445 | (317) | (183) | 0.00% |
Coupa Holdings, LLC | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.50% | $93,111 | 77,883 | 79,021 | 0.83% |
Oranje Holdco, Inc. (KnowBe4, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.50% | $38,494 | 33,049 | 33,496 | 0.35% |
ATI Holdings Acquisition, Inc. (ATI Physical Therapy) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 7.25% | $41,092 | 40,538 | 39,758 | 0.42% |
Arc Media Holdings Limited | Media | 1st Lien Senior Secured Debt | SF + 7.25% | $43,738 | 42,649 | 40,850 | 0.43% |
Avalara, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.25% | $63,242 | 55,672 | 56,779 | 0.60% |
Certinia Inc. (FinancialForce) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.25% | $45,771 | 39,081 | 39,772 | 0.42% |
Formerra, LLC (Formerra) | General Industrials | 1st Lien Senior Secured Debt | SF + 7.25% | $121,969 | 109,195 | 111,774 | 1.18% |
IEHL US Holdings, Inc. (Ambassador Theatre Group Ltd) | Media | 1st Lien Senior Secured Debt | SF + 7.25% | $6,604 | 6,430 | 6,559 | 0.07% |
International Entertainment Investments Ltd (Ambassador Theatre Group Ltd) | Media | 1st Lien Senior Secured Debt | SF + 7.25% | $35,558 | 29,543 | 30,235 | 0.32% |
Showtime Acquisition, L.L.C. (World Choice Investments LLC) | Media | 1st Lien Senior Secured Debt | SF + 7.25% | $4,263 | 4,179 | 4,178 | 0.04% |
TruckPro, LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 7.25% | $70,533 | 68,645 | 69,570 | 0.73% |
Zips Car Wash, LLC | Consumer Services | 1st Lien Senior Secured Debt | SF + 7.25% | $42,348 | 42,343 | 41,332 | 0.44% |
Calabrio, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.13% | $28,273 | 25,523 | 25,523 | 0.27% |
Artisan Bidco, Inc. (Avid Technology, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.00% | $46,000 | 38,910 | 39,216 | 0.41% |
DS ADMIRAL BIDCO, LLC (Drake Software, LLC) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.00% | $39,345 | 38,375 | 39,272 | 0.41% |
Jam City, Inc. | Leisure Goods | 1st Lien Senior Secured Debt | SF + 7.00% | $1,996 | 1,984 | 1,999 | 0.02% |
Kobalt London Limited (Kobalt Music Group Limited) | Media | 1st Lien Senior Secured Debt | SF + 7.00% | $26,274 | 25,943 | 26,800 | 0.28% |
Ping Identity Holding Corp. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.00% | $65,072 | 57,650 | 60,184 | 0.64% |
Sequa Corp (Chromalloy Gas Turbine, LLC) | Aerospace and Defense | 1st Lien Senior Secured Debt | SF + 7.00% | $140,702 | 124,020 | 130,360 | 1.38% |
Thrasio LLC (Thras IO Inc) | Consumer Services | 1st Lien Senior Secured Debt | SF + 7.00% | $2,912 | 2,903 | 999 | 0.01% |
User Zoom Technologies, Inc. (User Testing, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 7.00% | $18,948 | 18,656 | 18,945 | 0.20% |
Shackleton 2019-XV CLO Ltd (Shackleton CLO LTD) | Structured Finance | Structured Finance investments | SF + 6.92% | $3,000 | 2,655 | 2,985 | 0.03% |
Becklar, LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 6.85% | $6,711 | 6,623 | 6,677 | 0.07% |
OCP CLO 2017-14 Ltd | Structured Finance | Structured Finance investments | SF + 6.80% | $1,469 | 1,292 | 1,481 | 0.02% |
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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.