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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
|
---|---|---|---|---|---|---|---|
Jones Deslauriers Insurance Management Inc. (Navacord Inc.) | Non-life Insurance | 1st Lien Senior Secured Debt | 8.50% | $14,487 | 14,467 | 15,082 | 0.16% |
Knitwell Borrower LLC (Knitwell) | Retailers | 1st Lien Senior Secured Debt | SF + 8.00% | $95,120 | 92,129 | 92,741 | 0.98% |
Kobalt London Limited (Kobalt Music Group Limited) | Media | 1st Lien Senior Secured Debt | SF + 7.00% | $26,274 | 25,943 | 26,800 | 0.28% |
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% |
LSF12 Donnelly Bidco, LLC (Carlisle Fluid) | Industrial Engineering | 1st Lien Senior Secured Debt | SF + 6.50% | $19,878 | 19,415 | 19,621 | 0.21% |
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% |
OEG Borrower LLC (Opry Entertainment Group) | Real Estate Investment and Services Development | 1st Lien Senior Secured Debt | SF + 5.00% | $39,500 | 38,258 | 39,500 | 0.42% |
Oil Changer Holding Corporation | Automobiles and Parts | 1st Lien Senior Secured Debt | SF + 6.75% | $49,120 | 48,811 | 48,858 | 0.52% |
OneDigital Borrower LLC (OneDigital) | Life Insurance | 1st Lien Senior Secured Debt | SF + 4.25% | $5,880 | 5,872 | 5,891 | 0.06% |
OneTeam Partners, LLC (OneTeam Partners) | Media | 1st Lien Senior Secured Debt | SF + 5.50% | $74,063 | 72,861 | 74,063 | 0.78% |
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% |
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% |
Pareto Health Intermediate Holdings, Inc. | Health Care Providers | 1st Lien Senior Secured Debt | SF + 6.50% | $44,254 | 39,038 | 39,867 | 0.42% |
Planet US Buyer LLC (Wood Mackenzie, Inc.) | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 3.50% | $7,500 | 7,481 | 7,505 | 0.08% |
Plasma Buyer LLC (Path Group Inc.) | Medical Equipment and Services | 1st Lien Senior Secured Debt | SF + 5.75% | $115,589 | 85,428 | 83,491 | 0.88% |
Quail Buyer, Inc. (Quicken Inc.) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 5.25% | $7,311 | 7,220 | 7,311 | 0.08% |
Thrasio LLC (Thras IO Inc) | Consumer Services | 1st Lien Senior Secured Debt | SF + 7.00% | $2,912 | 2,903 | 999 | 0.01% |
Travel Leaders Group, LLC (Travel Leaders) | Travel and Leisure | 1st Lien Senior Secured Debt | SF + 8.50% (incl 3.00% PIK) | $137,838 | 135,048 | 141,167 | 1.49% |
TriMech Acquisition Corp. (TriMech) | Software and Computer Services | 1st Lien Senior Secured Debt | P + 3.75% | $3,289 | 1,010 | 1,007 | 0.01% |
TriMech Acquisition Corp. (TriMech) | Software and Computer Services | 1st Lien Senior Secured Debt | SF + 4.75% | $21,331 | 21,104 | 21,030 | 0.22% |
TruGreen Limited Partnership (Tru Green LP) | Consumer Services | 1st Lien Senior Secured Debt | SF + 4.00% | $8,575 | 8,492 | 8,305 | 0.09% |
Truck-Lite Co, LLC (Clarience Technologies) | Industrial Transportation | 1st Lien Senior Secured Debt | SF + 5.75% | $21,311 | (24) | (24) | 0.00% |
Truck-Lite Co, LLC (Clarience Technologies) | Industrial Transportation | 1st Lien Senior Secured Debt | SF + 6.38% (incl 2.50% PIK) | $86,373 | 84,657 | 84,657 | 0.89% |
TruckPro, LLC | Industrial Support Services | 1st Lien Senior Secured Debt | SF + 7.25% | $70,533 | 68,645 | 69,570 | 0.73% |
Trupanion, Inc. (Trupanion) | Non-life Insurance | 1st Lien Senior Secured Debt | SF + 5.00% | $53,227 | 46,152 | 45,991 | 0.49% |
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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.