Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Sedgwick Claims Management Services, Inc. (Sedgwick) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 3.75% | $19,205 | 19,055 | 19,255 | 0.20% |
New Era Technology, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 6.25% | $19,210 | 19,210 | 18,787 | 0.20% |
Perforce Software Inc | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.50% | $19,700 | 19,409 | 19,436 | 0.21% |
LSF12 Donnelly Bidco, LLC (Carlisle Fluid) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 6.50% | $19,878 | 19,415 | 19,621 | 0.21% |
Artisan Bidco, Inc. (Avid Technology, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | E + 7.00% | €18,614 | 19,438 | 19,780 | 0.21% |
Medline Borrower LP (Medline) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 3.00% | $19,648 | 19,488 | 19,672 | 0.21% |
Amynta Agency Borrower Inc (Amynta) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 4.25% | $20,116 | 19,621 | 20,153 | 0.21% |
Aventine Intermediate LLC (Blackstone Media) | Media | 1st Lien Senior Secured Debt | SF + 6.00% | $19,928 | 19,692 | 18,568 | 0.20% |
PCP CW Aggregator Holdings II, L.P. (CardWorks, Inc.) | Finance and Credit Services | 1st Lien Senior Secured Debt | SF + 9.25% (incl 9.25% PIK) | $20,123 | 19,904 | 19,825 | 0.21% |
GoTo Group Inc (LogMeIn, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.75% | $2,016 | 2,016 | 1,676 | 0.02% |
Osaic Holdings Inc (Advisor Group Holdings, Inc) | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 4.00% | $2,179 | 2,169 | 2,182 | 0.02% |
CD&R MADISON UK BIDCO LTD (OCS) | Industrial Support Services | 1st Lien Senior Secured Debt | SN + 8.25% | £9,965 | 2,257 | 2,445 | 0.03% |
Dryden 108 CLO Ltd (Dryden Senior Loan Fund) | Structured Finance | Structured Finance investments | $2,900 | 2,291 | 1,999 | 0.02% | |
Southern Graphics Holdings LLC (Southern Graphics Inc.) | Industrial Support Services | Equity and other investments | $0 | 2,333 | 2,333 | 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% |
Tenneco Inc | Automobiles and Parts | 1st Lien Senior Secured Debt | SF + 4.75% | $2,992 | 2,440 | 2,805 | 0.03% |
Shackleton 2019-XV CLO Ltd (Shackleton CLO LTD) | Structured Finance | Structured Finance investments | SF + 6.92% | $3,000 | 2,655 | 2,985 | 0.03% |
Tenet Healthcare Corp | Health Care Providers | 1st Lien Senior Secured Debt | 5.13% | $2,695 | 2,722 | 2,642 | 0.03% |
CENT CLO 16, L.P. | Structured Finance | Structured Finance investments | SF + 8.07% | $3,000 | 2,826 | 2,809 | 0.03% |
Thrasio LLC (Thras IO Inc) | Consumer Services | 1st Lien Senior Secured Debt | SF + 7.00% | $2,912 | 2,903 | 999 | 0.01% |
AmWINS Group, Inc. | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 2.75% | $2,977 | 2,971 | 2,981 | 0.03% |
Allied Universal Holdco LLC (Allied Universal) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 3.75% | $3,001 | 2,994 | 2,993 | 0.03% |
ABB/CON-CISE Optical Group LLC (ABB Optical) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 7.50% | $21,259 | 20,885 | 19,244 | 0.20% |
ASSOCIATIONS INC. | Media | 1st Lien Senior Secured Debt | SF + 6.50% | $403 | 204 | 207 | 0.00% |
ERC Topco Holdings, LLC (Eating Recovery Center) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.25% (incl 6.25% PIK) | $205 | 205 | 152 | 0.00% |
Engage with HLEND
Financial advisors can submit an inquiry using this form or engage with HPS at hlend@hpspartners.com. Individual investors should contact their financial advisor for more information.
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.