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 + 8.25% (incl 4.00% PIK) | $114,369 | 111,841 | 111,980 | 1.04% |
Guidehouse Inc. | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.75% (incl 2.00% PIK) | $188,035 | 185,653 | 186,130 | 1.73% |
Vaco Holdings LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 5.00% | $12,463 | 12,423 | 12,455 | 0.12% |
E.S.G. Movilidad, S.L.U. (EYSA) | Industrial Transportation | 1st Lien Senior Secured Debt | E + 6.50% | €41,605 | 31,584 | 32,941 | 0.31% |
Truck-Lite Co, LLC (Clarience Technologies) | Industrial Transportation | 1st Lien Senior Secured Debt | SF + 5.75% | $107,684 | 85,829 | 87,983 | 0.82% |
Apex Group Treasury LLC (Apex Group) | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 5.00% | $6,965 | 6,873 | 7,000 | 0.06% |
Ascensus Holdings, Inc. (AqGen Ascensus, Inc.) | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 3.50% | $7,623 | 7,567 | 7,645 | 0.07% |
EISNER ADVISORY GROUP LLC | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 4.00% | $6,063 | 6,004 | 6,133 | 0.06% |
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% |
Osaic Holdings Inc (Advisor Group Holdings, Inc) | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 4.00% | $12,993 | 12,940 | 13,117 | 0.12% |
Rockefeller Capital Management | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 5.00% | $70,000 | 69,310 | 69,317 | 0.64% |
Transnetwork LLC | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 5.50% | $62,072 | 61,152 | 62,538 | 0.58% |
Travelex Issuerco 2 PLC (Travelex) | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SN + 8.00% | £23,080 | 27,279 | 29,474 | 0.27% |
ULTRA III, LLC (Unitranche Holdings III, LLC) | Investments in Joint Ventures | Joint Ventures | $400,000 | 190,681 | 199,214 | 1.85% | |
Jam City, Inc. | Leisure Goods | 1st Lien Senior Secured Debt | SF + 7.00% | $1,988 | 1,977 | 2,008 | 0.02% |
OneDigital Borrower LLC (OneDigital) | Life Insurance | 1st Lien Senior Secured Debt | SF + 4.25% | $6,460 | 6,453 | 6,505 | 0.06% |
Aventine Intermediate LLC (Blackstone Media) | Media | 1st Lien Senior Secured Debt | SF + 6.00% (incl 4.00% PIK) | $20,143 | 19,924 | 19,550 | 0.18% |
IEHL US Holdings, Inc. (Ambassador Theatre Group Ltd) | Media | 1st Lien Senior Secured Debt | SF + 7.00% | $6,604 | 6,437 | 6,670 | 0.06% |
International Entertainment Investments Ltd (Ambassador Theatre Group Ltd) | Media | 1st Lien Senior Secured Debt | E + 7.00% | €5,588 | 5,913 | 6,123 | 0.06% |
International Entertainment Investments Ltd (Ambassador Theatre Group Ltd) | Media | 1st Lien Senior Secured Debt | SF + 7.00% | $35,558 | 29,585 | 30,834 | 0.29% |
LOCI Bidco Limited (Law Business Research) | Media | 1st Lien Senior Secured Debt | SN + 5.25% | £73,522 | 91,095 | 91,374 | 0.85% |
OneTeam Partners, LLC (OneTeam Partners) | Media | 1st Lien Senior Secured Debt | SF + 5.50% | $73,875 | 72,731 | 73,875 | 0.69% |
OneTeam Partners, LLC (OneTeam Partners) | Media | Preferred Equity | 8.00% | $1,000 | 1,000 | 1,175 | 0.01% |
Renaissance Holding Corp. (Renaissance Learning, Inc.) | Media | 1st Lien Senior Secured Debt | SF + 4.25% | $7,960 | 7,807 | 7,971 | 0.07% |
Showtime Acquisition, L.L.C. (World Choice Investments LLC) | Media | 1st Lien Senior Secured Debt | SF + 6.25% | $4,263 | 4,183 | 4,263 | 0.04% |
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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.