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Portfolio Companies7
Company Name
|
Industry
|
Investment Type
|
Reference Rate & Spread
|
Par Amount (thousands)
|
Amortized Cost (thousands)
|
Fair Value (thousands)
|
% of Total Portfolio
|
---|---|---|---|---|---|---|---|
Directv Financing, LLC | Telecommunications Service Providers | 1st Lien Senior Secured Debt | SF + 5.00% | $7,973 | 7,850 | 7,979 | 0.08% |
Employbridge, LLC (Employbridge LLC) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 4.75% | $9,807 | 9,767 | 8,492 | 0.09% |
Galaxy US Opco Inc. (Vialto Partners) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 4.75% | $25,971 | 25,471 | 22,855 | 0.24% |
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% |
LHS Borrower LLC (Leaf Home Solutions LLC) | Household Goods and Home Construction | 1st Lien Senior Secured Debt | SF + 4.75% | $6,948 | 6,898 | 6,515 | 0.07% |
Learning Care Group, Inc. (Learning Care Group (US) No. 2 Inc.) | Consumer Services | 1st Lien Senior Secured Debt | SF + 4.75% | $1,995 | 1,968 | 1,998 | 0.02% |
Mav Acquisition Corporation (McGraw-Hill Education) | Media | 1st Lien Senior Secured Debt | SF + 4.75% | $15,724 | 15,522 | 15,686 | 0.17% |
Project Alpha Intermediate Holding, Inc. (Qlik Technologies Inc) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.75% | $15,061 | 14,774 | 15,122 | 0.16% |
Tenneco Inc | Automobiles and Parts | 1st Lien Senior Secured Debt | SF + 4.75% | $2,992 | 2,440 | 2,805 | 0.03% |
TriMech Acquisition Corp. (TriMech) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.75% | $21,331 | 21,104 | 21,030 | 0.22% |
Acrisure LLC | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 4.50% | $4,000 | 3,962 | 4,030 | 0.04% |
Barracuda Networks, Inc. | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.50% | $13,827 | 13,503 | 13,625 | 0.14% |
Cloud Software Group Inc (Citrix) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.50% | $13,658 | 12,753 | 13,559 | 0.14% |
Hamilton Projects Acquiror, LLC (Hamilton Projects Acquiror LLC) | Electricity | 1st Lien Senior Secured Debt | SF + 4.50% | $55,588 | 51,954 | 55,725 | 0.59% |
Osaic Holdings Inc (Advisor Group Holdings, Inc) | Investment Banking and Brokerage Services | 1st Lien Senior Secured Debt | SF + 4.50% | $10,841 | 10,796 | 10,855 | 0.11% |
Perforce Software Inc | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.50% | $19,700 | 19,409 | 19,436 | 0.21% |
Accelerated Health Systems LLC (Athletico) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 4.25% | $7,951 | 7,935 | 5,959 | 0.06% |
Amynta Agency Borrower Inc (Amynta) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 4.25% | $20,116 | 19,621 | 20,153 | 0.21% |
MPH Acquisition Holdings LLC (Multiplan, Inc.) | Health Care Providers | 1st Lien Senior Secured Debt | SF + 4.25% | $4,586 | 4,495 | 4,447 | 0.05% |
OneDigital Borrower LLC (OneDigital) | Life Insurance | 1st Lien Senior Secured Debt | SF + 4.25% | $5,880 | 5,872 | 5,891 | 0.06% |
PECF USS Intermediate Holding III Corp (United Site Services) | Consumer Services | 1st Lien Senior Secured Debt | SF + 4.25% | $3,528 | 3,517 | 2,760 | 0.03% |
Renaissance Holding Corp. (Renaissance Learning, Inc.) | Media | 1st Lien Senior Secured Debt | SF + 4.25% | $7,980 | 7,820 | 7,972 | 0.08% |
FinThrive Software Intermediate Holdings Inc (nThrive, Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.00% | $12,970 | 12,772 | 10,903 | 0.12% |
Roper Industrial Products Investment Co (Indicor) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 4.00% | $18,044 | 17,503 | 18,125 | 0.19% |
Verscend Holding Corp. (Verscend Holding Corp) | Finance and Credit Services | 1st Lien Senior Secured Debt | SF + 4.00% | $3,939 | 3,929 | 3,947 | 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 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.