North Haven Private Income Fund LLC (the “Company”) is a non-diversified, externally managed specialty finance company that is focused on lending to middle-market companies. The Company has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940 Act, as amended (the “1940 Act”). In addition, for US federal income tax purposes, the Company intends to elect to be treated, and intends to comply with the requirements to qualify annually, as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). The Company is not a subsidiary of, or consolidated with, Morgan Stanley.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry
Former names
Morgan Stanley Private Income Fund LLC
SEC CIK
Subsidiaries
PIF CA SPV LLC • NHPIF Equity Holdings SPV LLC • PIF Financing SPV LLC • PIF Financing II SPV LLC • Broadway Funding Holdings, LLC ...
Latest filings (excl ownership)
8-K
Unregistered Sales of Equity Securities
28 Mar 24
SC TO-I/A
Issuer tender offer statement (amended)
20 Mar 24
10-K
2023 FY
Annual report
4 Mar 24
8-K
Unregistered Sales of Equity Securities
29 Feb 24
D/A
Indefinite amount in equity, sold $2.44 bn, 14484 investors
9 Feb 24
SC TO-I
Issuer tender offer statement
2 Feb 24
SC TO-I/A
Issuer tender offer statement (amended)
31 Jan 24
8-K
Unregistered Sales of Equity Securities
31 Jan 24
8-K
Unregistered Sales of Equity Securities
29 Dec 23
8-K
Departure of Directors or Certain Officers
11 Dec 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 221.69 mm | 221.69 mm | 221.69 mm | 221.69 mm | 221.69 mm | |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 9.71 mm | |
Cash used (since last report) | n/a | n/a | n/a | n/a | 66.19 mm | |
Cash remaining | n/a | n/a | n/a | n/a | 155.50 mm | |
Runway (months of cash) | n/a | n/a | n/a | n/a | 16.0 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 May 23 | Michael Jr. Occi | Common Units | Grant | Acquire A | No | No | 18.82 | 5,313.496 | 100.00 k | 5,313.496 |