LGAM Private Credit LLC (the “Company”) is a non-diversified, externally managed specialty finance company 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, as amended (the “1940 Act”). In addition, for US federal income tax purposes, the Company intends to elect to be treated, and 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 (SIC)
Former names
DHC Acquisition Corp.
SEC CIK
Corporate docs
Subsidiaries
LGAM SPV CA LLC • LGAM Financing SPV LLC ...
Latest filings (excl ownership)
SC TO-I/A
Issuer tender offer statement (amended)
1 Nov 24
8-K
Unregistered Sales of Equity Securities
30 Oct 24
8-K
Unregistered Sales of Equity Securities
26 Sep 24
SC TO-I
Issuer tender offer statement
29 Aug 24
8-K
Unregistered Sales of Equity Securities
28 Aug 24
10-Q
2024 Q2
Quarterly report
12 Aug 24
SC TO-I/A
Issuer tender offer statement (amended)
6 Aug 24
8-K
Unregistered Sales of Equity Securities
30 Jul 24
8-K
Entry into a Material Definitive Agreement
8 Jul 24
8-K
Unregistered Sales of Equity Securities
28 Jun 24
Financial summary
| Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | |
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| Diluted EPS |
| Annual (USD) | Dec 23 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | |||
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 6.10 mm | |||||
| Cash burn (monthly) | 67.00 k | |||||
| Cash used (since last report) | 280.54 k | |||||
| Cash remaining | 5.82 mm | |||||
| Runway (months of cash) | 86.8 | |||||