Cover
Cover - shares | 6 Months Ended | |
Jun. 30, 2024 | Aug. 08, 2024 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Document Quarterly Report | true | |
Document Period End Date | Jun. 30, 2024 | |
Document Transition Report | false | |
Entity File Number | 814-01327 | |
Entity Registrant Name | TriplePoint Private Venture Credit Inc. | |
Entity Incorporation, State or Country Code | MD | |
Entity Tax Identification Number | 84-3383695 | |
Entity Address, Address Line One | 2755 Sand Hill Road | |
Entity Address, Address Line Two | Suite 150 | |
Entity Address, City or Town | Menlo Park | |
Entity Address, State or Province | CA | |
Entity Address, Postal Zip Code | 94025 | |
City Area Code | 650 | |
Local Phone Number | 854-2090 | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | false | |
Entity Emerging Growth Company | true | |
Entity Ex Transition Period | true | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 23,689,363 | |
Amendment Flag | false | |
Entity Central Index Key | 0001792509 | |
Current Fiscal Year End Date | --12-31 | |
Document Fiscal Year Focus | 2024 | |
Document Fiscal Period Focus | Q2 |
CONSOLIDATED STATEMENTS OF ASSE
CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 | |||
Assets | |||||
Investments at fair value (amortized cost of $392,703 and $406,433, respectively) | [1] | $ 382,206 | [2] | $ 400,195 | [3],[4] |
Cash and cash equivalents | 41,409 | 45,398 | |||
Restricted cash | 8,980 | 15,447 | |||
Deferred credit facility costs | 2,503 | 2,988 | |||
Prepaid expenses and other assets | 791 | 1,000 | |||
Total assets | 435,889 | 465,028 | |||
Liabilities | |||||
Revolving Credit Facility | 68,500 | 87,500 | |||
2027 Notes, net | 74,442 | 74,350 | |||
Base management fee payable | 1,548 | 1,471 | |||
Other accrued expenses and liabilities | 3,587 | 11,165 | |||
Total liabilities | 148,077 | 174,486 | |||
Commitments and Contingencies (Note 7) | |||||
Net assets | |||||
Preferred stock, par value $0.01 per share (50,000,000 shares authorized; 525 shares issued and outstanding) | 0 | 0 | |||
Common stock, par value $0.01 per share | 237 | 237 | |||
Paid-in capital in excess of par value | 352,037 | 352,037 | |||
Total distributable loss | (64,462) | (61,732) | |||
Total net assets | 287,812 | 290,542 | |||
Total liabilities and net assets | $ 435,889 | $ 465,028 | |||
Shares of common stock outstanding (par value $0.01 per share and 450,000,000 shares authorized) (in shares) | 23,689,363 | 23,689,363 | |||
Net asset value per common share (in dollars per share) | $ 12.13 | $ 12.24 | |||
[1] All investments were valued at fair value using Level 3 significant unobservable inputs as determined in good faith by the Company’s board of directors (the “Board”). The Company generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). Unless otherwise indicated, all of the Company’s portfolio company investments are subject to restrictions on sales. As of June 30, 2024, the Company’s portfolio company investments that were subject to restrictions on sales totaled $382.2 million at fair value and represented 132.8% of the Company’s net assets. In addition, unless otherwise indicated, as of June 30, 2024, all investments are pledged as collateral as part of the Company’s revolving credit facility. Non-income producing investments. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act. Unless otherwise indicated, all of the Company’s portfolio company investments are subject to restrictions on sales. As of December 31, 2023, the Company’s portfolio company investments that were subject to restrictions on sales totaled $400.2 million at fair value and represented 137.7% of the Company’s net assets. In addition, unless otherwise indicated, as of December 31, 2023, all investments are pledged as collateral as part of the Company’s revolving credit facility. |
CONSOLIDATED STATEMENTS OF AS_2
CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES (Parenthetical) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 | |||
Statement of Financial Position [Abstract] | |||||
Cost | [1] | $ 392,703 | [2],[3] | $ 406,433 | [4],[5],[6] |
Preferred stock, par value (in dollars per share) | $ 0.01 | $ 0.01 | |||
Preferred stock, shares authorized (in shares) | 50,000,000 | 50,000,000 | |||
Preferred stock, shares issued (in shares) | 525 | 525 | |||
Preferred stock, shares outstanding (in shares) | 525 | 525 | |||
Common stock par value (in dollars per share) | $ 0.01 | $ 0.01 | |||
Common stock, shares authorized (in shares) | 450,000,000 | 450,000,000 | |||
[1] All investments were valued at fair value using Level 3 significant unobservable inputs as determined in good faith by the Company’s board of directors (the “Board”). Gross unrealized gains, gross unrealized losses, and net unrealized losses for federal income tax purposes totaled $9.5 million, $18.0 million and $8.5 million, respectively, for the June 30, 2024 investment portfolio. The tax cost of investments is $395.0 million. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). Unless otherwise indicated, all of the Company’s portfolio company investments are subject to restrictions on sales. As of June 30, 2024, the Company’s portfolio company investments that were subject to restrictions on sales totaled $382.2 million at fair value and represented 132.8% of the Company’s net assets. In addition, unless otherwise indicated, as of June 30, 2024, all investments are pledged as collateral as part of the Company’s revolving credit facility. Gross unrealized gains, gross unrealized losses, and net unrealized losses for federal income tax purposes totaled $9.3 million, $16.7 million and $7.4 million, respectively, for the December 31, 2023 investment portfolio. The tax cost of investments is $407.6 million. Non-income producing investments. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act. Unless otherwise indicated, all of the Company’s portfolio company investments are subject to restrictions on sales. As of December 31, 2023, the Company’s portfolio company investments that were subject to restrictions on sales totaled $400.2 million at fair value and represented 137.7% of the Company’s net assets. In addition, unless otherwise indicated, as of December 31, 2023, all investments are pledged as collateral as part of the Company’s revolving credit facility. |
CONSOLIDATED STATEMENTS OF OPER
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | |
Investment income | ||||
Interest income from investments | $ 15,135 | $ 17,320 | $ 30,284 | $ 33,960 |
Payment-in-kind interest income | 954 | 81 | 1,839 | 101 |
Other income | ||||
Expirations/terminations of unfunded commitments | 46 | 121 | 196 | 1,199 |
Other fees | 306 | 71 | 457 | 75 |
Total investment and other income | 16,441 | 17,593 | 32,776 | 35,335 |
Operating expenses | ||||
Base management fee | 1,548 | 1,363 | 3,095 | 2,711 |
Interest expense and amortization of fees | 3,947 | 4,269 | 7,627 | 8,240 |
Administration agreement expenses | 590 | 484 | 1,172 | 966 |
General and administrative expenses | 688 | 485 | 1,576 | 1,090 |
Total operating expenses | 6,773 | 6,601 | 13,470 | 13,007 |
Net investment income | 9,668 | 10,992 | 19,306 | 22,328 |
Net realized and unrealized losses | ||||
Net realized losses on investments | (3,347) | (19,027) | (6,978) | (18,524) |
Net change in unrealized losses on investments | (1,666) | (229) | (3,892) | (5,486) |
Net realized and unrealized losses | (5,013) | (19,256) | (10,870) | (24,010) |
Net increase (decrease) in net assets resulting from operations | $ 4,655 | $ (8,264) | $ 8,436 | $ (1,682) |
Net investment income per common share, Basic (in dollars per share) | $ 0.41 | $ 0.54 | $ 0.81 | $ 1.10 |
Net investment income per common share, Diluted (in dollars per share) | 0.41 | 0.54 | 0.81 | 1.10 |
Net increase (decrease) in net assets per common share (in dollars per share) | $ 0.20 | $ (0.41) | $ 0.35 | $ (0.08) |
Weighted average shares of common stock outstanding, Basic (in shares) | 23,689,363 | 20,297,200 | 23,689,363 | 20,297,200 |
Weighted average shares of common stock outstanding, Diluted (in shares) | 23,689,363 | 20,297,200 | 23,689,363 | 20,297,200 |
CONSOLIDATED STATEMENTS OF CHAN
CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||
Beginning balance (in shares) | 23,689,363 | |||
Beginning balance | $ 294,306 | $ 291,200 | $ 290,542 | $ 284,635 |
Preferred stock, shares outstanding, Beginning balance (in shares) | 525 | |||
Common stock distributions from distributable earnings | (11,134) | (8,525) | $ (11,134) | (8,525) |
Preferred stock distributions from distributable earnings | (15) | (15) | (32) | (32) |
Net increase (decrease) in net assets resulting from operations | $ 4,655 | $ (8,264) | $ 8,436 | $ (1,682) |
Preferred stock, shares outstanding, Ending balance (in shares) | 525 | 525 | ||
Ending balance (in shares) | 23,689,363 | 20,297,200 | 23,689,363 | 20,297,200 |
Ending balance | $ 287,812 | $ 274,396 | $ 287,812 | $ 274,396 |
Common stock | ||||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||
Beginning balance (in shares) | 23,689,363 | 20,297,200 | 23,689,363 | 20,297,200 |
Beginning balance | $ 237 | $ 203 | $ 237 | $ 203 |
Ending balance (in shares) | 23,689,363 | 20,297,200 | 23,689,363 | 20,297,200 |
Ending balance | $ 237 | $ 203 | $ 237 | $ 203 |
Preferred stock | ||||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||
Beginning balance | $ 0 | $ 0 | $ 0 | $ 0 |
Preferred stock, shares outstanding, Beginning balance (in shares) | 525 | 525 | 525 | 525 |
Preferred stock, shares outstanding, Ending balance (in shares) | 525 | 525 | 525 | 525 |
Ending balance | $ 0 | $ 0 | $ 0 | $ 0 |
Paid-in capital in excess of par value | ||||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||
Beginning balance | 352,037 | 310,370 | 352,037 | 310,370 |
Ending balance | 352,037 | 310,370 | 352,037 | 310,370 |
Total distributable earnings (loss) | ||||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||
Beginning balance | (57,968) | (19,373) | (61,732) | (25,938) |
Common stock distributions from distributable earnings | (11,134) | (8,525) | (11,134) | (8,525) |
Preferred stock distributions from distributable earnings | (15) | (15) | (32) | (32) |
Net increase (decrease) in net assets resulting from operations | 4,655 | (8,264) | 8,436 | (1,682) |
Ending balance | $ (64,462) | $ (36,177) | $ (64,462) | $ (36,177) |
CONSOLIDATED STATEMENTS OF CASH
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | |
Cash Flows from Operating Activities: | ||||
Net increase (decrease) in net assets resulting from operations | $ 4,655 | $ (8,264) | $ 8,436 | $ (1,682) |
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities: | ||||
Fundings and purchases of investments | (63,241) | (60,918) | ||
Principal payments and proceeds from investments | 75,002 | 34,412 | ||
Payment-in-kind interest on investments | (1,792) | (101) | ||
Net change in unrealized losses on investments | 1,666 | 229 | 3,892 | 5,486 |
Net realized losses on investments | 6,978 | 18,524 | ||
Amortization and accretion of premiums and discounts, net | (2,849) | (4,059) | ||
Amortization of debt fees and issuance costs | 576 | 607 | ||
Change in operating assets and liabilities: | ||||
Prepaid expenses and other assets | 209 | (119) | ||
Base management fee payable | 77 | 51 | ||
Other accrued expenses and liabilities | (7,578) | (766) | ||
Net cash provided by (used in) operating activities | 19,710 | (8,565) | ||
Cash Flows from Financing Activities: | ||||
Borrowings under revolving credit facility | 19,000 | 20,000 | ||
Repayments under revolving credit facility | (38,000) | (17,000) | ||
Common stock distributions paid | (11,134) | (8,525) | ||
Preferred stock distributions paid | (32) | (32) | ||
Net cash provided by (used in) financing activities | (30,166) | (7,745) | ||
Net change in cash, cash equivalents and restricted cash | (10,456) | (16,310) | ||
Cash, cash equivalents and restricted cash at beginning of period | 60,845 | 37,066 | ||
Cash, cash equivalents and restricted cash at end of period | 50,389 | 20,756 | 50,389 | 20,756 |
Cash and cash equivalents | 41,409 | 14,773 | 41,409 | 14,773 |
Restricted cash | 8,980 | 5,983 | 8,980 | 5,983 |
Total cash, cash equivalents and restricted cash shown in the statements of cash flows | $ 50,389 | $ 20,756 | 50,389 | 20,756 |
Supplemental Disclosures of Cash Flow Information: | ||||
Cash paid for interest | 6,779 | 7,357 | ||
Excise taxes paid | 572 | 250 | ||
Unsecured Debt | ||||
Cash Flows from Financing Activities: | ||||
Payments of debt issuance/ Deferred credit facility costs | 0 | (16) | ||
Revolving Credit Facility | ||||
Cash Flows from Financing Activities: | ||||
Payments of debt issuance/ Deferred credit facility costs | $ 0 | $ (2,172) |
CONSOLIDATED SCHEDULE OF INVEST
CONSOLIDATED SCHEDULE OF INVESTMENTS - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 | |||
Cost | [1] | $ 392,703 | [2],[3] | $ 406,433 | [4],[5],[6] |
Fair Value | [1] | 382,206 | [3] | $ 400,195 | [5],[6] |
Percentage of net assets | [5],[7] | 137.74% | |||
Total Portfolio Companies | |||||
Fair Value | $ 382,200 | $ 400,200 | |||
Percentage of net assets | 132.80% | [8],[9] | 137.70% | ||
Foreign currency forward contracts | |||||
Percentage of net assets | (0.02%) | (0.15%) | |||
Warrant Investments | |||||
Fair Value | $ 18,378 | $ 16,915 | |||
Investment, Identifier [Axis]: AI2 Incorporated | |||||
Cost | [2],[8] | 830 | |||
Fair Value | [8] | $ 830 | |||
Shares | [8] | 280,424 | |||
Investment, Identifier [Axis]: Activehours, Inc. | |||||
Interest rate margin | [10] | 4.25% | |||
Interest rate floor | [10] | 8.50% | |||
Outstanding Principal | $ 0 | ||||
Cost | [4] | 0 | |||
Fair Value | 0 | ||||
Investment, Identifier [Axis]: Activehours, Inc. , Equity Investments | |||||
Cost | [4],[5] | 100 | |||
Fair Value | [5] | $ 151 | |||
Shares | [5] | 9,859 | |||
Investment, Identifier [Axis]: Activehours, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 129 | |||
Fair Value | [5],[11] | $ 319 | |||
Shares | [5],[11] | 49,296 | |||
Investment, Identifier [Axis]: Activehours, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 129 | |||
Fair Value | [8],[12] | $ 319 | |||
Shares | [8],[12] | 49,296 | |||
Investment, Identifier [Axis]: Activehours, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 16 | |||
Fair Value | [5],[11] | $ 40 | |||
Shares | [5],[11] | 6,162 | |||
Investment, Identifier [Axis]: Activehours, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 16 | |||
Fair Value | [8],[12] | $ 40 | |||
Shares | [8],[12] | 6,162 | |||
Investment, Identifier [Axis]: Activehours, Inc. 3 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 80 | |||
Fair Value | [5],[11] | $ 96 | |||
Shares | [5],[11] | 14,800 | |||
Investment, Identifier [Axis]: Activehours, Inc. 3, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 80 | |||
Fair Value | [8],[12] | $ 96 | |||
Shares | [8],[12] | 14,800 | |||
Investment, Identifier [Axis]: Activehours, Inc. 4, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 16 | |||
Fair Value | [8],[12] | $ 16 | |||
Shares | [8],[12] | 3,907 | |||
Investment, Identifier [Axis]: Activehours, Inc., Equity Investments | |||||
Cost | [2],[8] | $ 100 | |||
Fair Value | [8] | $ 151 | |||
Shares | [8] | 9,859 | |||
Investment, Identifier [Axis]: AllPlants Ltd , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 77 | |||
Fair Value | [5],[11],[13],[14] | $ 39 | |||
Shares | [5],[11],[13],[14] | 4,635 | |||
Investment, Identifier [Axis]: AllPlants Ltd 1 | |||||
Interest rate margin | 2.50% | [15],[16],[17] | 2.50% | [10],[13],[14] | |
Interest rate floor | 11% | [15],[16],[17] | 9.50% | [10],[13],[14] | |
Interest rate EOT | 7.50% | [15],[16],[17] | 5% | [10],[13],[14] | |
Outstanding Principal | $ 1,390 | [16],[17] | $ 1,291 | [13],[14] | |
Cost | 1,402 | [2],[16],[17] | 1,338 | [4],[13],[14] | |
Fair Value | $ 1,259 | [16],[17] | $ 1,213 | [13],[14] | |
Investment, Identifier [Axis]: AllPlants Ltd 2 | |||||
Interest rate EOT | 7% | [15],[16],[17] | 7% | [10],[13],[14] | |
Interest rate PIK | [15],[16],[17] | 6.50% | |||
Outstanding Principal | $ 140 | [16],[17] | $ 173 | [13],[14] | |
Cost | 146 | [2],[16],[17] | 185 | [4],[13],[14] | |
Fair Value | $ 130 | [16],[17] | $ 169 | [13],[14] | |
Investment interest rate | 5.50% | [15],[16],[17] | 10% | [10],[13],[14] | |
Investment, Identifier [Axis]: AllPlants Ltd 3 | |||||
Interest rate margin | 5.50% | [15],[16],[17] | 5.50% | [10],[13],[14] | |
Interest rate floor | 19.30% | [15],[16],[17] | 11% | [10],[13],[14] | |
Interest rate EOT | 9% | [15],[16],[17] | 8% | [10],[13],[14] | |
Interest rate PIK | [15],[16],[17] | 8.30% | |||
Outstanding Principal | $ 914 | [16],[17] | $ 901 | [13],[14] | |
Cost | 915 | [2],[16],[17] | 925 | [4],[13],[14] | |
Fair Value | 970 | [16],[17] | $ 1,017 | [13],[14] | |
Investment, Identifier [Axis]: AllPlants Ltd, 1 Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | 158 | |||
Fair Value | [8],[12],[16],[17] | $ 75 | |||
Shares | [8],[12],[16],[17] | 74,534 | |||
Investment, Identifier [Axis]: AllPlants Ltd, 2 Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 18 | |||
Fair Value | [8],[12],[16],[17] | $ 18 | |||
Shares | [8],[12],[16],[17] | 17,620 | |||
Investment, Identifier [Axis]: Alloy Technologies, Inc. | |||||
Interest rate margin | 6.25% | ||||
Interest rate floor | 11% | ||||
Interest rate EOT | 6% | ||||
Outstanding Principal | $ 2,000 | ||||
Cost | [4] | 2,042 | |||
Fair Value | 2,042 | ||||
Investment, Identifier [Axis]: Alloy Technologies, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 50 | |||
Fair Value | [5],[11] | $ 32 | |||
Shares | [5],[11] | 40,748 | |||
Investment, Identifier [Axis]: Alloy Technologies, Inc., | |||||
Interest rate margin | 6.25% | ||||
Interest rate floor | 11% | ||||
Interest rate EOT | 6% | ||||
Outstanding Principal | $ 2,000 | ||||
Cost | [2] | 2,093 | |||
Fair Value | 2,093 | ||||
Investment, Identifier [Axis]: Alloy Technologies, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 50 | |||
Fair Value | [8],[12] | $ 32 | |||
Shares | [8],[12] | 40,748 | |||
Investment, Identifier [Axis]: Angle Health, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 29 | |||
Fair Value | [5],[11] | $ 28 | |||
Shares | [5],[11] | 140,450 | |||
Investment, Identifier [Axis]: Angle Health, Inc. 1 | |||||
Interest rate margin | 8% | [15] | 8% | [10] | |
Interest rate floor | 11.25% | [15] | 11.25% | [10] | |
Interest rate EOT | 8% | [15] | 8% | [10] | |
Outstanding Principal | $ 500 | $ 500 | |||
Cost | 504 | [2] | 495 | [4] | |
Fair Value | $ 504 | $ 495 | |||
Investment, Identifier [Axis]: Angle Health, Inc. 2 | |||||
Interest rate margin | 8% | [15] | 8% | [10] | |
Interest rate floor | 11.25% | [15] | 11.25% | [10] | |
Interest rate EOT | 8% | [15] | 8% | [10] | |
Outstanding Principal | $ 500 | $ 500 | |||
Cost | 500 | [2] | 491 | [4] | |
Fair Value | 500 | 491 | |||
Investment, Identifier [Axis]: Angle Health, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 29 | |||
Fair Value | [8],[12] | $ 28 | |||
Shares | [8],[12] | 140,450 | |||
Investment, Identifier [Axis]: Appex Group, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 0 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 14,621 | |||
Investment, Identifier [Axis]: Appex Group, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 132 | |||
Fair Value | [8],[12] | $ 173 | |||
Shares | [8],[12] | 62,115 | |||
Investment, Identifier [Axis]: Appex Group, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11],[18] | $ 0 | |||
Fair Value | [5],[11],[18] | $ 0 | |||
Shares | [5],[11],[18] | 0 | |||
Investment, Identifier [Axis]: Appex Group, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 36 | |||
Fair Value | [8],[12] | $ 36 | |||
Shares | [8],[12] | 11,004 | |||
Investment, Identifier [Axis]: Arcadia Power, Inc. , Equity Investments | |||||
Cost | [4],[5] | $ 167 | |||
Fair Value | [5] | $ 174 | |||
Shares | [5] | 16,438 | |||
Investment, Identifier [Axis]: Arcadia Power, Inc. 1 | |||||
Interest rate EOT | 7.75% | 7% | [10] | ||
Outstanding Principal | $ 1,319 | $ 5,000 | |||
Cost | 1,197 | [2] | 5,098 | [4] | |
Fair Value | $ 1,197 | $ 4,994 | |||
Investment interest rate | 11.75% | 9.75% | [10] | ||
Investment, Identifier [Axis]: Arcadia Power, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 77 | |||
Fair Value | [5],[11] | $ 133 | |||
Shares | [5],[11] | 30,810 | |||
Investment, Identifier [Axis]: Arcadia Power, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 77 | |||
Fair Value | [8],[12] | $ 79 | |||
Shares | [8],[12] | 30,810 | |||
Investment, Identifier [Axis]: Arcadia Power, Inc. 2 | |||||
Interest rate EOT | 7.75% | 7% | [10] | ||
Outstanding Principal | $ 5,000 | $ 5,000 | |||
Cost | 5,084 | [2] | 5,034 | [4] | |
Fair Value | $ 5,084 | $ 4,946 | |||
Investment interest rate | 11.75% | 11% | [10] | ||
Investment, Identifier [Axis]: Arcadia Power, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 117 | |||
Fair Value | [5],[11] | $ 52 | |||
Shares | [5],[11] | 19,795 | |||
Investment, Identifier [Axis]: Arcadia Power, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 117 | |||
Fair Value | [8],[12] | $ 29 | |||
Shares | [8],[12] | 19,795 | |||
Investment, Identifier [Axis]: Arcadia Power, Inc. 3 | |||||
Interest rate EOT | 3.25% | ||||
Outstanding Principal | $ 2,610 | ||||
Cost | [4] | 2,729 | |||
Fair Value | $ 2,709 | ||||
Investment interest rate | 8.75% | ||||
Investment, Identifier [Axis]: Arcadia Power, Inc., Equity Investments | |||||
Cost | [2],[8] | $ 167 | |||
Fair Value | [8] | $ 105 | |||
Shares | [8] | 16,438 | |||
Investment, Identifier [Axis]: Astranis Space Technologies Corp. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 95 | |||
Fair Value | [5],[11] | $ 578 | |||
Shares | [5],[11] | 70,959 | |||
Investment, Identifier [Axis]: Astranis Space Technologies Corp., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 95 | |||
Fair Value | [8],[12] | $ 578 | |||
Shares | [8],[12] | 70,959 | |||
Investment, Identifier [Axis]: Athletic Greens International, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 4 | |||
Fair Value | [5],[11] | $ 4 | |||
Shares | [5],[11] | 113 | |||
Investment, Identifier [Axis]: Athletic Greens International, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 4 | |||
Fair Value | [8],[12] | $ 4 | |||
Shares | [8],[12] | 113 | |||
Investment, Identifier [Axis]: Aven Holdings , Warrant Investments | |||||
Cost | [4],[5],[11],[14] | $ 361 | |||
Fair Value | [5],[11],[14] | $ 343 | |||
Shares | [5],[11],[14] | 35,857 | |||
Investment, Identifier [Axis]: Aven Holdings, Inc., Warrant Investments | |||||
Cost | [2],[8],[12],[17] | $ 361 | |||
Fair Value | [8],[12],[17] | $ 343 | |||
Shares | [8],[12],[17] | 35,857 | |||
Investment, Identifier [Axis]: Baby Generation, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 10 | |||
Fair Value | [5],[11] | $ 10 | |||
Shares | [5],[11] | 13,587 | |||
Investment, Identifier [Axis]: Baby Generation, Inc. 1 | |||||
Interest rate margin | 7.50% | ||||
Interest rate floor | 10.75% | ||||
Interest rate EOT | 8% | ||||
Outstanding Principal | $ 750 | ||||
Cost | [4] | 781 | |||
Fair Value | $ 784 | ||||
Investment, Identifier [Axis]: Baby Generation, Inc. 2 | |||||
Interest rate margin | [10] | 5.25% | |||
Interest rate floor | [10] | 8.50% | |||
Interest rate EOT | [10] | 7.50% | |||
Outstanding Principal | $ 250 | ||||
Cost | [4] | 257 | |||
Fair Value | $ 258 | ||||
Investment, Identifier [Axis]: Baby Generation, Inc. 3 | |||||
Interest rate margin | 5.25% | [15] | 5.25% | [10] | |
Interest rate floor | 8.50% | [15] | 8.50% | [10] | |
Interest rate EOT | 7.50% | [15] | 7.50% | [10] | |
Outstanding Principal | $ 875 | $ 875 | |||
Cost | 906 | [2] | 886 | [4] | |
Fair Value | 906 | 890 | |||
Investment, Identifier [Axis]: Baby Generation, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 10 | |||
Fair Value | [8],[12] | $ 10 | |||
Shares | [8],[12] | 13,587 | |||
Investment, Identifier [Axis]: Baby Generation, Inc..2 | |||||
Interest rate margin | [15] | 5.25% | |||
Interest rate floor | [15] | 8.50% | |||
Interest rate EOT | [15] | 7.50% | |||
Outstanding Principal | $ 250 | ||||
Cost | [2] | 262 | |||
Fair Value | $ 262 | ||||
Investment, Identifier [Axis]: Baby Generation, Inc.1 | |||||
Interest rate margin | 7.50% | ||||
Interest rate floor | 10.75% | ||||
Interest rate EOT | 8% | ||||
Outstanding Principal | $ 750 | ||||
Cost | [2] | 793 | |||
Fair Value | 793 | ||||
Investment, Identifier [Axis]: Beam Technologies Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 57 | |||
Fair Value | [5],[11] | $ 107 | |||
Shares | [5],[11] | 5,344 | |||
Investment, Identifier [Axis]: Beam Technologies Inc. ,Equity Investments | |||||
Cost | [4],[5] | $ 80 | |||
Fair Value | [5] | $ 87 | |||
Shares | [5] | 1,901 | |||
Investment, Identifier [Axis]: Beam Technologies Inc., Equity Investments | |||||
Cost | [2],[8] | 80 | |||
Fair Value | [8] | $ 87 | |||
Shares | [8] | 1,901 | |||
Investment, Identifier [Axis]: Beam Technologies Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 57 | |||
Fair Value | [8],[12] | $ 107 | |||
Shares | [8],[12] | 5,344 | |||
Investment, Identifier [Axis]: Belong Home, Inc. , Equity Investments | |||||
Cost | [4],[5] | $ 29 | |||
Fair Value | [5] | $ 29 | |||
Shares | [5] | 6,033 | |||
Investment, Identifier [Axis]: Belong Home, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 6 | |||
Fair Value | [5],[11] | $ 15 | |||
Shares | [5],[11] | 7,730 | |||
Investment, Identifier [Axis]: Belong Home, Inc., Equity Investments | |||||
Cost | [2],[8] | $ 29 | |||
Fair Value | [8] | $ 29 | |||
Shares | [8] | 6,033 | |||
Investment, Identifier [Axis]: Belong Home, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 6 | |||
Fair Value | [8],[12] | $ 15 | |||
Shares | [8],[12] | 7,730 | |||
Investment, Identifier [Axis]: Bloom and Wild Midco 2 Limited , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 9 | |||
Fair Value | [5],[11],[13],[14] | $ 4 | |||
Shares | [5],[11],[13],[14] | 192 | |||
Investment, Identifier [Axis]: Bloom and Wild Midco 2 Limited 1 | |||||
Interest rate EOT | 2% | [15],[16],[17] | 2% | [10],[13],[14] | |
Outstanding Principal | $ 2,327 | [16],[17] | $ 2,520 | [13],[14] | |
Cost | 2,345 | [2],[16],[17] | 2,523 | [4],[13],[14] | |
Fair Value | $ 2,625 | [16],[17] | $ 2,825 | [13],[14] | |
Investment interest rate | 9% | [15],[16],[17] | 9% | [10],[13],[14] | |
Investment, Identifier [Axis]: Bloom and Wild Midco 2 Limited 2 | |||||
Interest rate EOT | 2% | [15],[16],[17] | 2% | [10],[13],[14] | |
Outstanding Principal | $ 1,398 | [16],[17] | $ 1,512 | [13],[14] | |
Cost | 1,408 | [2],[16],[17] | 1,513 | [4],[13],[14] | |
Fair Value | $ 1,576 | [16],[17] | $ 1,694 | [13],[14] | |
Investment interest rate | 10.50% | [15],[16],[17] | 10.50% | [10],[13],[14] | |
Investment, Identifier [Axis]: Bloom and Wild Midco 2 Limited 3 | |||||
Interest rate EOT | 2% | [15],[16],[17] | 2% | [10],[13],[14] | |
Outstanding Principal | $ 1,518 | [16],[17] | $ 1,642 | [13],[14] | |
Cost | 1,529 | [2],[16],[17] | 1,644 | [4],[13],[14] | |
Fair Value | $ 1,707 | [16],[17] | $ 1,836 | [13],[14] | |
Investment interest rate | 10.50% | [15],[16],[17] | 10.50% | [10],[13],[14] | |
Investment, Identifier [Axis]: Bloom and Wild Midco 2 Limited, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 9 | |||
Fair Value | [8],[12],[16],[17] | $ 4 | |||
Shares | [8],[12],[16],[17] | 192 | |||
Investment, Identifier [Axis]: Blueboard Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 42 | |||
Fair Value | [5],[11] | $ 25 | |||
Shares | [5],[11] | 209,302 | |||
Investment, Identifier [Axis]: Blueboard Inc. 1 | |||||
Interest rate margin | 4.75% | ||||
Interest rate floor | 8.75% | ||||
Interest rate EOT | 2.50% | ||||
Outstanding Principal | $ 3,000 | ||||
Cost | [4] | 3,024 | |||
Fair Value | $ 3,024 | ||||
Investment, Identifier [Axis]: Blueboard Inc. 2 | |||||
Interest rate margin | [10] | 4.75% | |||
Interest rate floor | [10] | 8.75% | |||
Interest rate EOT | [10] | 2.50% | |||
Outstanding Principal | $ 1,000 | ||||
Cost | [4] | 1,000 | |||
Fair Value | 1,000 | ||||
Investment, Identifier [Axis]: Calibrate Health, Inc. , Equity Investments | |||||
Cost | [4],[5] | 333 | |||
Fair Value | [5] | $ 1 | |||
Shares | [5] | 62,252 | |||
Investment, Identifier [Axis]: Calibrate Health, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 253 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 118,190 | |||
Investment, Identifier [Axis]: Calibrate Health, Inc., Equity Investments | |||||
Cost | [2],[8] | $ 333 | |||
Fair Value | [8] | $ 1 | |||
Shares | [8] | 62,252 | |||
Investment, Identifier [Axis]: Calibrate Health, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 253 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 118,190 | |||
Investment, Identifier [Axis]: Callsign, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 180 | |||
Fair Value | [5],[11],[13],[14] | $ 180 | |||
Shares | [5],[11],[13],[14] | 21,604 | |||
Investment, Identifier [Axis]: Callsign, Inc., Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 180 | |||
Fair Value | [8],[12],[16],[17] | $ 180 | |||
Shares | [8],[12],[16],[17] | 21,604 | |||
Investment, Identifier [Axis]: Canvas Construction Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 79 | |||
Fair Value | [5],[11] | $ 21 | |||
Shares | [5],[11] | 92,940 | |||
Investment, Identifier [Axis]: Canvas Construction Inc. 1 | |||||
Interest rate floor | [10] | 12% | |||
Interest rate EOT | [10] | 5% | |||
Interest rate PIK | [10] | 8.75% | |||
Outstanding Principal | $ 3,179 | ||||
Cost | [4] | 3,125 | |||
Fair Value | $ 3,015 | ||||
Investment, Identifier [Axis]: Canvas Construction Inc. 2 | |||||
Interest rate floor | [10] | 12% | |||
Interest rate EOT | [10] | 5% | |||
Interest rate PIK | [10] | 8.75% | |||
Outstanding Principal | $ 2,649 | ||||
Cost | [4] | 2,604 | |||
Fair Value | $ 2,513 | ||||
Investment, Identifier [Axis]: Canvas Construction Inc. 3 | |||||
Interest rate floor | 12% | [15] | 12% | [10] | |
Interest rate EOT | 5% | [15] | 5% | [10] | |
Interest rate PIK | 8.75% | [15] | 8.75% | [10] | |
Outstanding Principal | $ 1,156 | $ 1,060 | |||
Cost | 1,149 | [2] | 1,042 | [4] | |
Fair Value | $ 1,122 | $ 1,006 | |||
Investment, Identifier [Axis]: Canvas Construction Inc., 1 | |||||
Interest rate floor | [15] | 12% | |||
Interest rate EOT | [15] | 5% | |||
Interest rate PIK | [15] | 8.75% | |||
Outstanding Principal | $ 3,467 | ||||
Cost | [2] | 3,446 | |||
Fair Value | $ 3,365 | ||||
Investment, Identifier [Axis]: Canvas Construction Inc., 2 | |||||
Interest rate floor | [15] | 12% | |||
Interest rate EOT | [15] | 5% | |||
Interest rate PIK | [15] | 8.75% | |||
Outstanding Principal | $ 2,889 | ||||
Cost | [2] | 2,871 | |||
Fair Value | 2,805 | ||||
Investment, Identifier [Axis]: Canvas Construction Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 79 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 92,940 | |||
Investment, Identifier [Axis]: Capsule Corporation | |||||
Interest rate margin | 7.75% | 7.75% | |||
Interest rate floor | 13% | 13% | |||
Interest rate EOT | 13% | 13% | |||
Outstanding Principal | $ 5,000 | $ 5,000 | |||
Cost | 5,531 | [2] | 5,425 | [4] | |
Fair Value | 5,488 | 5,343 | |||
Investment, Identifier [Axis]: Capsule Corporation , Warrant Investments | |||||
Cost | [4],[5],[11] | 119 | |||
Fair Value | [5],[11] | $ 8 | |||
Shares | [5],[11] | 45,008 | |||
Investment, Identifier [Axis]: Capsule Corporation 1 , Equity Investments | |||||
Cost | [4],[5] | $ 13 | |||
Fair Value | [5] | $ 2 | |||
Shares | [5] | 863 | |||
Investment, Identifier [Axis]: Capsule Corporation 1, Equity Investments | |||||
Cost | [2],[8] | 13 | |||
Fair Value | [8] | $ 2 | |||
Shares | [8] | 863 | |||
Investment, Identifier [Axis]: Capsule Corporation 2 , Equity Investments | |||||
Cost | [4],[5] | $ 2 | |||
Fair Value | [5] | $ 1 | |||
Shares | [5] | 519 | |||
Investment, Identifier [Axis]: Capsule Corporation 2, Equity Investments | |||||
Cost | [2],[8] | $ 2 | |||
Fair Value | [8] | $ 1 | |||
Shares | [8] | 519 | |||
Investment, Identifier [Axis]: Capsule Corporation, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 119 | |||
Fair Value | [8],[12] | $ 8 | |||
Shares | [8],[12] | 45,008 | |||
Investment, Identifier [Axis]: Cardless Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 28 | |||
Fair Value | [5],[11] | $ 7 | |||
Shares | [5],[11] | 12,903 | |||
Investment, Identifier [Axis]: Cardless Inc. 1 | |||||
Interest rate margin | 3.25% | ||||
Interest rate floor | 6.50% | ||||
Interest rate EOT | 2% | ||||
Outstanding Principal | $ 1,199 | ||||
Cost | [4] | 1,224 | |||
Fair Value | $ 1,224 | ||||
Investment, Identifier [Axis]: Cardless Inc. 2 | |||||
Interest rate margin | 5.25% | ||||
Interest rate floor | 8.50% | ||||
Interest rate EOT | 5.75% | ||||
Outstanding Principal | $ 4,200 | ||||
Cost | [4] | 4,404 | |||
Fair Value | 4,404 | ||||
Investment, Identifier [Axis]: Cardless Inc., | |||||
Interest rate margin | 3.25% | ||||
Interest rate floor | 6.50% | ||||
Interest rate EOT | 2% | ||||
Outstanding Principal | $ 561 | ||||
Cost | [2] | 593 | |||
Fair Value | $ 593 | ||||
Investment, Identifier [Axis]: Cardless Inc., | |||||
Interest rate margin | 5.25% | ||||
Interest rate floor | 8.50% | ||||
Interest rate EOT | 5.75% | ||||
Outstanding Principal | $ 4,200 | ||||
Cost | [2] | 4,436 | |||
Fair Value | 4,436 | ||||
Investment, Identifier [Axis]: Cardless Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 28 | |||
Fair Value | [8],[12] | $ 11 | |||
Shares | [8],[12] | 20,619 | |||
Investment, Identifier [Axis]: Cart.com, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 119 | |||
Fair Value | [5],[11] | $ 160 | |||
Shares | [5],[11] | 8,183 | |||
Investment, Identifier [Axis]: Cart.com, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 119 | |||
Fair Value | [8],[12] | $ 160 | |||
Shares | [8],[12] | 8,183 | |||
Investment, Identifier [Axis]: Cart.com, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 6 | |||
Fair Value | [5],[11] | $ 10 | |||
Shares | [5],[11] | 907 | |||
Investment, Identifier [Axis]: Cart.com, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 6 | |||
Fair Value | [8],[12] | $ 10 | |||
Shares | [8],[12] | 907 | |||
Investment, Identifier [Axis]: Certamen Ventures Inc. | |||||
Interest rate margin | 6.50% | ||||
Interest rate floor | 15% | ||||
Interest rate EOT | 4% | ||||
Outstanding Principal | $ 6,945 | ||||
Cost | [4] | 6,868 | |||
Fair Value | 6,868 | ||||
Investment, Identifier [Axis]: Certamen Ventures Inc. , Equity Investments | |||||
Cost | [4],[5] | 200 | |||
Fair Value | [5] | $ 112 | |||
Shares | [5] | 97,195 | |||
Investment, Identifier [Axis]: Certamen Ventures Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 42 | |||
Fair Value | [5],[11] | $ 32 | |||
Shares | [5],[11] | 90,266 | |||
Investment, Identifier [Axis]: Certamen Ventures Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 42 | |||
Fair Value | [8],[12] | $ 42 | |||
Shares | [8],[12] | 90,266 | |||
Investment, Identifier [Axis]: Certamen Ventures Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 85 | |||
Fair Value | [5],[11] | $ 53 | |||
Shares | [5],[11] | 229,881 | |||
Investment, Identifier [Axis]: Certamen Ventures Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 85 | |||
Fair Value | [8],[12] | $ 97 | |||
Shares | [8],[12] | 229,881 | |||
Investment, Identifier [Axis]: Certamen Ventures Inc. 3 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 205 | |||
Fair Value | [5],[11] | $ 205 | |||
Shares | [5],[11] | 538,703 | |||
Investment, Identifier [Axis]: Certamen Ventures Inc. 3, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 205 | |||
Fair Value | [8],[12] | $ 232 | |||
Shares | [8],[12] | 538,703 | |||
Investment, Identifier [Axis]: Certamen Ventures Inc., | |||||
Interest rate margin | 6.50% | ||||
Interest rate floor | 15% | ||||
Interest rate EOT | 4% | ||||
Outstanding Principal | $ 6,945 | ||||
Cost | [2] | 6,939 | |||
Fair Value | 6,939 | ||||
Investment, Identifier [Axis]: Certamen Ventures Inc., Equity Investments | |||||
Cost | [2],[8] | 200 | |||
Fair Value | [8] | $ 136 | |||
Shares | [8] | 97,195 | |||
Investment, Identifier [Axis]: Cherry Technologies Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 195 | |||
Fair Value | [5],[11] | $ 432 | |||
Shares | [5],[11] | 77,891 | |||
Investment, Identifier [Axis]: Cherry Technologies Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 195 | |||
Fair Value | [8],[12] | $ 432 | |||
Shares | [8],[12] | 77,891 | |||
Investment, Identifier [Axis]: ClassPass Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 43 | |||
Fair Value | [5],[11] | $ 25 | |||
Shares | [5],[11] | 14,085 | |||
Investment, Identifier [Axis]: ClassPass Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 43 | |||
Fair Value | [8],[12] | $ 25 | |||
Shares | [8],[12] | 14,085 | |||
Investment, Identifier [Axis]: Cleo AI Ltd. , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 82 | |||
Fair Value | [5],[11],[13],[14] | $ 66 | |||
Shares | [5],[11],[13],[14] | 41,041 | |||
Investment, Identifier [Axis]: Cleo AI Ltd., Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 82 | |||
Fair Value | [8],[12],[16],[17] | $ 66 | |||
Shares | [8],[12],[16],[17] | 41,041 | |||
Investment, Identifier [Axis]: Cohesity, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 21 | |||
Fair Value | [5],[11] | $ 21 | |||
Shares | [5],[11] | 3,789 | |||
Investment, Identifier [Axis]: Cohesity, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 21 | |||
Fair Value | [8],[12] | $ 21 | |||
Shares | [8],[12] | 3,789 | |||
Investment, Identifier [Axis]: Common Living Inc. 1 | |||||
Interest rate margin | 6.50% | [19] | 6.50% | ||
Interest rate floor | 9.75% | [19] | 9.75% | ||
Interest rate EOT | 9.25% | [19] | 9.25% | ||
Outstanding Principal | $ 2,500 | [19] | $ 2,500 | ||
Cost | 2,668 | [2],[19] | 2,659 | [4] | |
Fair Value | $ 2,521 | [19] | $ 2,462 | ||
Investment, Identifier [Axis]: Common Living Inc. 2 | |||||
Interest rate margin | 6.50% | [19] | 6.50% | ||
Interest rate floor | 9.75% | [19] | 9.75% | ||
Interest rate EOT | 7.25% | [19] | 7.25% | ||
Outstanding Principal | $ 4,742 | [19] | $ 4,742 | ||
Cost | 4,967 | [2],[19] | 4,948 | [4] | |
Fair Value | 4,694 | [19] | $ 4,584 | ||
Investment, Identifier [Axis]: Construction Finance Corporation | |||||
Interest rate margin | [10] | 5.25% | |||
Interest rate floor | [10] | 13.75% | |||
Interest rate EOT | [10] | 1.50% | |||
Outstanding Principal | $ 4,428 | ||||
Cost | [4] | 4,350 | |||
Fair Value | 4,350 | ||||
Investment, Identifier [Axis]: Construction Finance Corporation 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 14 | |||
Fair Value | [5],[11] | $ 14 | |||
Shares | [5],[11] | 38,060 | |||
Investment, Identifier [Axis]: Construction Finance Corporation 1, Warrant Investments | |||||
Cost | [2],[8],[12] | 14 | |||
Fair Value | [8],[12] | $ 20 | |||
Shares | [8],[12] | 38,060 | |||
Investment, Identifier [Axis]: Construction Finance Corporation 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 40 | |||
Fair Value | [5],[11] | $ 40 | |||
Shares | [5],[11] | 105,723 | |||
Investment, Identifier [Axis]: Construction Finance Corporation 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 48 | |||
Fair Value | [8],[12] | $ 67 | |||
Shares | [8],[12] | 126,868 | |||
Investment, Identifier [Axis]: Construction Finance Corporation, Revolver | |||||
Interest rate margin | [15] | 6.75% | |||
Interest rate floor | [15] | 15.25% | |||
Interest rate EOT | [15] | 2.50% | |||
Outstanding Principal | $ 5,000 | ||||
Cost | [2] | 5,066 | |||
Fair Value | 5,066 | ||||
Investment, Identifier [Axis]: Cresta Intelligence, Inc. Warrant Investments | |||||
Cost | [2],[8],[12] | 4 | |||
Fair Value | [8],[12] | $ 4 | |||
Shares | [8],[12] | 4,967 | |||
Investment, Identifier [Axis]: Curology, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 19 | |||
Fair Value | [5],[11] | $ 8 | |||
Shares | [5],[11] | 12,007 | |||
Investment, Identifier [Axis]: Curology, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 19 | |||
Fair Value | [8],[12] | $ 7 | |||
Shares | [8],[12] | 12,007 | |||
Investment, Identifier [Axis]: Dance GmbH 1 | |||||
Interest rate margin | 7.75% | [15],[16],[17],[19] | 6.75% | [10],[13],[14],[20] | |
Interest rate floor | 11% | [15],[16],[17],[19] | 10% | [10],[13],[14],[20] | |
Interest rate EOT | 6.25% | [15],[16],[17],[19] | 6.25% | [10],[13],[14],[20] | |
Outstanding Principal | $ 723 | [16],[17],[19] | $ 723 | [13],[14],[20] | |
Cost | 724 | [2],[16],[17],[19] | 724 | [4],[13],[14],[20] | |
Fair Value | $ 451 | [16],[17],[19] | $ 401 | [13],[14],[20] | |
Investment, Identifier [Axis]: Dance GmbH 2 | |||||
Interest rate margin | 7.75% | [15],[16],[17],[19] | 6.75% | [10],[13],[14],[20] | |
Interest rate floor | 11% | [15],[16],[17],[19] | 10% | [10],[13],[14],[20] | |
Interest rate EOT | 6.25% | [15],[16],[17],[19] | 6.25% | [10],[13],[14],[20] | |
Outstanding Principal | $ 268 | [16],[17],[19] | $ 268 | [13],[14],[20] | |
Cost | 266 | [2],[16],[17],[19] | 266 | [4],[13],[14],[20] | |
Fair Value | $ 177 | [16],[17],[19] | $ 154 | [13],[14],[20] | |
Investment, Identifier [Axis]: Dance GmbH 3 | |||||
Interest rate margin | [10],[13],[14],[20] | 6.75% | |||
Interest rate floor | 11% | [15],[16],[17],[19] | 10% | [10],[13],[14],[20] | |
Interest rate EOT | 6.25% | [15],[16],[17],[19] | 6.25% | [10],[13],[14],[20] | |
Outstanding Principal | $ 69 | [16],[17],[19] | $ 69 | [13],[14],[20] | |
Cost | 67 | [2],[16],[17],[19] | 67 | [4],[13],[14],[20] | |
Fair Value | $ 43 | [16],[17],[19] | $ 37 | [13],[14],[20] | |
Investment, Identifier [Axis]: Dance GmbH 4 | |||||
Interest rate margin | 7.75% | [15],[16],[17],[19] | 6.75% | [10],[13],[14],[20] | |
Interest rate floor | 11% | [15],[16],[17],[19] | 10% | [10],[13],[14],[20] | |
Interest rate EOT | 6.25% | [15],[16],[17],[19] | 6.25% | [10],[13],[14],[20] | |
Outstanding Principal | $ 529 | [16],[17],[19] | $ 529 | [13],[14],[20] | |
Cost | 502 | [2],[16],[17],[19] | 502 | [4],[13],[14],[20] | |
Fair Value | 317 | [16],[17],[19] | 262 | [13],[14],[20] | |
Investment, Identifier [Axis]: Dance Gmbh 2 , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | 21 | |||
Fair Value | [5],[11],[13],[14] | $ 11 | |||
Shares | [5],[11],[13],[14] | 45 | |||
Investment, Identifier [Axis]: Dance Gmbh 1 , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 37 | |||
Fair Value | [5],[11],[13],[14] | $ 8 | |||
Shares | [5],[11],[13],[14] | 35 | |||
Investment, Identifier [Axis]: Dance Gmbh 1, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | 37 | |||
Fair Value | [8],[12],[16],[17] | $ 0 | |||
Shares | [8],[12],[16],[17] | 35 | |||
Investment, Identifier [Axis]: Dance Gmbh 2, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 21 | |||
Fair Value | [8],[12],[16],[17] | $ 0 | |||
Shares | [8],[12],[16],[17] | 45 | |||
Investment, Identifier [Axis]: Dance Gmbh 3, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 8 | |||
Fair Value | [8],[12],[16],[17] | $ 0 | |||
Shares | [8],[12],[16],[17] | 34 | |||
Investment, Identifier [Axis]: Dedrone Holdings, Inc. | |||||
Interest rate margin | 4.25% | ||||
Interest rate floor | 7.50% | ||||
Interest rate EOT | 5.50% | ||||
Outstanding Principal | $ 476 | ||||
Cost | [4] | 737 | |||
Fair Value | 737 | ||||
Investment, Identifier [Axis]: Dedrone Holdings, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 92 | |||
Fair Value | [5],[11] | $ 197 | |||
Shares | [5],[11] | 71,018 | |||
Investment, Identifier [Axis]: Dedrone Holdings, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 92 | |||
Fair Value | [8],[12] | $ 272 | |||
Shares | [8],[12] | 71,018 | |||
Investment, Identifier [Axis]: Dia Styling Co. , Warrant Investments | |||||
Cost | [4],[5],[11],[18] | $ 0 | |||
Fair Value | [5],[11],[18] | $ 0 | |||
Shares | [5],[11],[18] | 0 | |||
Investment, Identifier [Axis]: DialPad, Inc. , Equity Investments | |||||
Cost | [4],[5] | $ 70 | |||
Fair Value | [5] | $ 62 | |||
Shares | [5] | 9,016 | |||
Investment, Identifier [Axis]: DialPad, Inc., Equity Investments | |||||
Cost | [2],[8] | $ 70 | |||
Fair Value | [8] | $ 62 | |||
Shares | [8] | 9,016 | |||
Investment, Identifier [Axis]: Dialpad, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 51 | |||
Fair Value | [5],[11] | $ 12 | |||
Shares | [5],[11] | 14,490 | |||
Investment, Identifier [Axis]: Dialpad, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 51 | |||
Fair Value | [8],[12] | $ 12 | |||
Shares | [8],[12] | 14,490 | |||
Investment, Identifier [Axis]: Divvy Homes Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 470 | |||
Fair Value | [5],[11] | $ 1,124 | |||
Shares | [5],[11] | 128,289 | |||
Investment, Identifier [Axis]: Divvy Homes Inc. 1 ,Equity Investments | |||||
Cost | [4],[5] | $ 95 | |||
Fair Value | [5] | $ 95 | |||
Shares | [5] | 4,965 | |||
Investment, Identifier [Axis]: Divvy Homes Inc. 1, Equity Investments | |||||
Cost | [2],[8] | $ 95 | |||
Fair Value | [8] | $ 95 | |||
Shares | [8] | 4,965 | |||
Investment, Identifier [Axis]: Divvy Homes Inc. 2 , Equity Investments | |||||
Cost | [4],[5] | $ 5 | |||
Fair Value | [5] | $ 5 | |||
Shares | [5] | 261 | |||
Investment, Identifier [Axis]: Divvy Homes Inc. 2, Equity Investments | |||||
Cost | [2],[8] | $ 5 | |||
Fair Value | [8] | $ 5 | |||
Shares | [8] | 261 | |||
Investment, Identifier [Axis]: Divvy Homes Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 470 | |||
Fair Value | [8],[12] | $ 1,124 | |||
Shares | [8],[12] | 128,289 | |||
Investment, Identifier [Axis]: Don't Run Out, Inc. 1 | |||||
Interest rate margin | 7.75% | [15] | 7.75% | [10] | |
Interest rate floor | 11% | [15] | 11% | [10] | |
Interest rate EOT | 10% | [15] | 10% | [10] | |
Outstanding Principal | $ 1,000 | $ 1,000 | |||
Cost | 1,057 | [2] | 1,038 | [4] | |
Fair Value | 1,057 | 1,038 | |||
Investment, Identifier [Axis]: Don't Run Out, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 14 | |||
Fair Value | [5],[11] | $ 6 | |||
Shares | [5],[11] | 18,398 | |||
Investment, Identifier [Axis]: Don't Run Out, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | 14 | |||
Fair Value | [8],[12] | $ 6 | |||
Shares | [8],[12] | 18,398 | |||
Investment, Identifier [Axis]: Don't Run Out, Inc. 2 | |||||
Interest rate margin | 5% | [15] | 5% | [10] | |
Interest rate floor | 10.50% | [15] | 10.50% | [10] | |
Interest rate EOT | 9% | [15] | 9% | [10] | |
Outstanding Principal | $ 696 | $ 927 | |||
Cost | 749 | [2] | 959 | [4] | |
Fair Value | 749 | 959 | |||
Investment, Identifier [Axis]: Don't Run Out, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | 16 | |||
Fair Value | [5],[11] | $ 7 | |||
Shares | [5],[11] | 24,531 | |||
Investment, Identifier [Axis]: Don't Run Out, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | 16 | |||
Fair Value | [8],[12] | $ 7 | |||
Shares | [8],[12] | 24,531 | |||
Investment, Identifier [Axis]: Dumpling, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 6 | |||
Fair Value | [5],[11] | $ 6 | |||
Shares | [5],[11] | 17,003 | |||
Investment, Identifier [Axis]: Dumpling, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 6 | |||
Fair Value | [8],[12] | $ 6 | |||
Shares | [8],[12] | 17,003 | |||
Investment, Identifier [Axis]: Earth Funeral Group, Inc. | |||||
Interest rate margin | [15] | 3.25% | |||
Interest rate floor | [15] | 11.75% | |||
Interest rate EOT | [15] | 5.50% | |||
Outstanding Principal | $ 1,430 | ||||
Cost | [2] | 1,406 | |||
Fair Value | 1,406 | ||||
Investment, Identifier [Axis]: Earth Funeral Group, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 63 | |||
Fair Value | [8],[12] | $ 63 | |||
Shares | [8],[12] | 143,196 | |||
Investment, Identifier [Axis]: Eightfold AI Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 186 | |||
Fair Value | [5],[11] | $ 336 | |||
Shares | [5],[11] | 69,577 | |||
Investment, Identifier [Axis]: Eightfold AI Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 186 | |||
Fair Value | [8],[12] | $ 336 | |||
Shares | [8],[12] | 69,577 | |||
Investment, Identifier [Axis]: Elektra Mobility Inc. , Warrant Investments | |||||
Cost | [4],[5],[11],[18] | $ 0 | |||
Fair Value | [5],[11],[18] | $ 0 | |||
Shares | [5],[11],[18] | 0 | |||
Investment, Identifier [Axis]: Elektra Mobility Inc., Warrant Investments | |||||
Cost | [2],[8],[12],[21] | $ 0 | |||
Fair Value | [8],[12],[21] | $ 0 | |||
Shares | [8],[12],[21] | 0 | |||
Investment, Identifier [Axis]: Elodie Games, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 48 | |||
Fair Value | [5],[11] | $ 48 | |||
Shares | [5],[11] | 22,874 | |||
Investment, Identifier [Axis]: Elodie Games, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 48 | |||
Fair Value | [8],[12] | $ 48 | |||
Shares | [8],[12] | 22,874 | |||
Investment, Identifier [Axis]: Elsker, Inc. , Equity Investments | |||||
Cost | [4],[5] | $ 55 | |||
Fair Value | [5] | $ 55 | |||
Shares | [5] | 44,444 | |||
Investment, Identifier [Axis]: Elsker, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 18 | |||
Fair Value | [5],[11] | $ 16 | |||
Shares | [5],[11] | 35,492 | |||
Investment, Identifier [Axis]: Elsker, Inc., Equity Investments | |||||
Cost | [2],[8] | $ 55 | |||
Fair Value | [8] | $ 55 | |||
Shares | [8] | 44,444 | |||
Investment, Identifier [Axis]: Elsker, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 18 | |||
Fair Value | [8],[12] | $ 16 | |||
Shares | [8],[12] | 35,492 | |||
Investment, Identifier [Axis]: Encore Music Technologies, Inc. 1 | |||||
Interest rate floor | 13.75% | [15],[19] | 13.75% | [10],[20] | |
Interest rate EOT | 4.50% | [15],[19] | 4.50% | [10],[20] | |
Interest rate PIK | 6.25% | [15],[19] | 6.25% | [10],[20] | |
Outstanding Principal | $ 1,000 | [19] | $ 1,000 | [20] | |
Cost | 1,002 | [2],[19] | 1,002 | [4],[20] | |
Fair Value | 998 | [19] | 987 | [20] | |
Investment, Identifier [Axis]: Encore Music Technologies, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 15 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 15,280 | |||
Investment, Identifier [Axis]: Encore Music Technologies, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | 15 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 15,280 | |||
Investment, Identifier [Axis]: Encore Music Technologies, Inc. 2 | |||||
Interest rate floor | 14.25% | [15],[19] | 14.25% | [10],[20] | |
Interest rate EOT | 4.50% | [15],[19] | 4.50% | [10],[20] | |
Interest rate PIK | 5.75% | [15],[19] | 5.75% | [10],[20] | |
Outstanding Principal | $ 75 | [19] | $ 75 | [20] | |
Cost | 75 | [2],[19] | 75 | [4],[20] | |
Fair Value | 74 | [19] | 73 | [20] | |
Investment, Identifier [Axis]: Encore Music Technologies, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | 1 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 4,475 | |||
Investment, Identifier [Axis]: Encore Music Technologies, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | 1 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 4,475 | |||
Investment, Identifier [Axis]: Encore Music Technologies, Inc. 3 | |||||
Interest rate floor | 14.25% | [15],[19] | 14.25% | [10],[20] | |
Interest rate EOT | 4.50% | [15],[19] | 4.50% | [10],[20] | |
Interest rate PIK | 5.75% | [15],[19] | 5.75% | [10],[20] | |
Outstanding Principal | $ 50 | [19] | $ 50 | [20] | |
Cost | 50 | [2],[19] | 50 | [4],[20] | |
Fair Value | 49 | [19] | 50 | [20] | |
Investment, Identifier [Axis]: Encore Music Technologies, Inc. 3, Warrant Investments | |||||
Cost | [2],[8],[12] | 1 | |||
Fair Value | [8],[12] | $ 1 | |||
Shares | [8],[12] | 79,668 | |||
Investment, Identifier [Axis]: Ephemeral Solutions, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 12 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 2,286 | |||
Investment, Identifier [Axis]: Ephemeral Solutions, Inc. 1 | |||||
Interest rate margin | [10],[20] | 4.75% | |||
Interest rate floor | 15% | [15],[19] | 8% | [10],[20] | |
Interest rate EOT | 5.25% | [15],[19] | 5.25% | [10],[20] | |
Interest rate PIK | [15],[19] | 6.50% | |||
Outstanding Principal | $ 322 | [19] | $ 322 | [20] | |
Cost | 325 | [2],[19] | 325 | [4],[20] | |
Fair Value | $ 140 | [19] | $ 108 | [20] | |
Investment, Identifier [Axis]: Ephemeral Solutions, Inc. 2 | |||||
Interest rate margin | [10],[20] | 4.75% | |||
Interest rate floor | 15% | [15],[19] | 8% | [10],[20] | |
Interest rate EOT | 5.25% | [15],[19] | 5.25% | [10],[20] | |
Interest rate PIK | [15],[19] | 6.50% | |||
Outstanding Principal | $ 107 | [19] | $ 107 | [20] | |
Cost | 108 | [2],[19] | 108 | [4],[20] | |
Fair Value | $ 47 | [19] | $ 36 | [20] | |
Investment, Identifier [Axis]: Ephemeral Solutions, Inc. 3 | |||||
Interest rate margin | [10],[20] | 4.75% | |||
Interest rate floor | 15% | [15],[19] | 8% | [10],[20] | |
Interest rate EOT | 5.25% | [15],[19] | 5.25% | [10],[20] | |
Interest rate PIK | [15],[19] | 6.50% | |||
Outstanding Principal | $ 215 | [19] | $ 215 | [20] | |
Cost | 213 | [2],[19] | 213 | [4],[20] | |
Fair Value | $ 93 | [19] | $ 72 | [20] | |
Investment, Identifier [Axis]: Ephemeral Solutions, Inc. 4 | |||||
Interest rate margin | [10],[20] | 4.75% | |||
Interest rate floor | [10],[20] | 8% | |||
Interest rate EOT | [10],[20] | 5.25% | |||
Outstanding Principal | [20] | $ 322 | |||
Cost | [4],[20] | 318 | |||
Fair Value | [20] | $ 108 | |||
Investment, Identifier [Axis]: Ephemeral Solutions, Inc. 5 | |||||
Interest rate margin | [10],[20] | 4.75% | |||
Interest rate floor | [10],[20] | 13.25% | |||
Interest rate EOT | [10],[20] | 5.25% | |||
Outstanding Principal | [20] | $ 11 | |||
Cost | [4],[20] | 11 | |||
Fair Value | [20] | $ 3 | |||
Investment, Identifier [Axis]: Ephemeral Solutions, Inc. 6 | |||||
Interest rate margin | [10],[20] | 6.50% | |||
Interest rate floor | [10],[20] | 15% | |||
Interest rate EOT | [10],[20] | 5.25% | |||
Outstanding Principal | [20] | $ 18 | |||
Cost | [4],[20] | 18 | |||
Fair Value | [20] | 6 | |||
Investment, Identifier [Axis]: Ephemeral Solutions, Inc., 7 | |||||
Interest rate floor | [15],[19] | 15% | |||
Interest rate EOT | [15],[19] | 5% | |||
Interest rate PIK | [15],[19] | 6.50% | |||
Outstanding Principal | [19] | $ 59 | |||
Cost | [2],[19] | 58 | |||
Fair Value | [19] | $ 24 | |||
Investment, Identifier [Axis]: Ephemeral Solutions, Inc., 8 | |||||
Interest rate floor | [15] | 15% | |||
Interest rate EOT | [15] | 5% | |||
Interest rate PIK | [15] | 6.50% | |||
Outstanding Principal | [19] | $ 33 | |||
Cost | [2],[19] | 31 | |||
Fair Value | [19] | $ 12 | |||
Investment, Identifier [Axis]: Ephemeral Solutions, Inc., 4 | |||||
Interest rate floor | [15],[19] | 15% | |||
Interest rate EOT | [15],[19] | 5.25% | |||
Interest rate PIK | [15],[19] | 6.50% | |||
Outstanding Principal | [19] | $ 322 | |||
Cost | [2],[19] | 318 | |||
Fair Value | [19] | $ 140 | |||
Investment, Identifier [Axis]: Ephemeral Solutions, Inc., 5 | |||||
Interest rate floor | [15],[19] | 15% | |||
Interest rate EOT | [15],[19] | 5% | |||
Interest rate PIK | [15],[19] | 6.50% | |||
Outstanding Principal | [19] | $ 11 | |||
Cost | [2],[19] | 11 | |||
Fair Value | [19] | $ 5 | |||
Investment, Identifier [Axis]: Ephemeral Solutions, Inc., 6 | |||||
Interest rate floor | [15],[19] | 15% | |||
Interest rate EOT | [15],[19] | 5% | |||
Interest rate PIK | [15],[19] | 6.50% | |||
Outstanding Principal | [19] | $ 18 | |||
Cost | [2],[19] | 18 | |||
Fair Value | [19] | 7 | |||
Investment, Identifier [Axis]: Ephemeral Solutions, Inc., Warrant Investments 1 | |||||
Cost | [2],[8],[12] | 12 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 2,286 | |||
Investment, Identifier [Axis]: Ephemeral Solutions, Inc., Warrant Investments 2 | |||||
Cost | [2],[8],[12] | $ 1 | |||
Fair Value | [8],[12] | $ 1 | |||
Shares | [8],[12] | 135,353 | |||
Investment, Identifier [Axis]: Etched.ai, Inc. Warrant Investments | |||||
Cost | [2],[8],[12] | $ 250 | |||
Fair Value | [8],[12] | $ 250 | |||
Shares | [8],[12] | 30,757 | |||
Investment, Identifier [Axis]: Etched.ai, Inc., Equity Investments | |||||
Cost | [2],[8] | $ 500 | |||
Fair Value | [8] | $ 500 | |||
Shares | [8] | 30,757 | |||
Investment, Identifier [Axis]: Ever/Body, Inc. , Equity Investments | |||||
Cost | [4],[5] | 350 | |||
Fair Value | [5] | $ 141 | |||
Shares | [5] | 195,574 | |||
Investment, Identifier [Axis]: Ever/Body, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 138 | |||
Fair Value | [5],[11] | $ 45 | |||
Shares | [5],[11] | 281,262 | |||
Investment, Identifier [Axis]: Ever/Body, Inc. 1 | |||||
Interest rate margin | 3.75% | ||||
Interest rate floor | 7% | ||||
Interest rate EOT | 2% | ||||
Outstanding Principal | $ 302 | ||||
Cost | [4] | 314 | |||
Fair Value | $ 313 | ||||
Investment, Identifier [Axis]: Ever/Body, Inc. 2 | |||||
Interest rate margin | [10] | 5% | |||
Interest rate floor | [10] | 8.25% | |||
Interest rate EOT | [10] | 7.75% | |||
Outstanding Principal | $ 4,800 | ||||
Cost | [4] | 4,864 | |||
Fair Value | $ 4,809 | ||||
Investment, Identifier [Axis]: Ever/Body, Inc. 3 | |||||
Interest rate margin | [10] | 5% | |||
Interest rate floor | [10] | 8.25% | |||
Interest rate EOT | [10] | 7.75% | |||
Outstanding Principal | $ 2,250 | ||||
Cost | [4] | 2,277 | |||
Fair Value | 2,251 | ||||
Investment, Identifier [Axis]: Ever/Body, Inc., 1 | |||||
Interest rate margin | 3.75% | ||||
Interest rate floor | 7% | ||||
Interest rate EOT | 2% | ||||
Outstanding Principal | $ 104 | ||||
Cost | [2] | 118 | |||
Fair Value | $ 118 | ||||
Investment, Identifier [Axis]: Ever/Body, Inc., 4 | |||||
Interest rate margin | [15] | 5% | |||
Interest rate floor | [15] | 8.25% | |||
Interest rate EOT | [15] | 7.75% | |||
Outstanding Principal | $ 3,200 | ||||
Cost | [2] | 3,175 | |||
Fair Value | 3,175 | ||||
Investment, Identifier [Axis]: Ever/Body, Inc., Equity Investments | |||||
Cost | [2],[8] | 350 | |||
Fair Value | [8] | $ 141 | |||
Shares | [8] | 195,574 | |||
Investment, Identifier [Axis]: Ever/Body, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 175 | |||
Fair Value | [8],[12] | $ 57 | |||
Shares | [8],[12] | 357,970 | |||
Investment, Identifier [Axis]: Ever/Body, Inc.,2 | |||||
Interest rate margin | 5% | ||||
Interest rate floor | 8.25% | ||||
Interest rate EOT | 7.75% | ||||
Outstanding Principal | $ 4,800 | ||||
Cost | [2] | 4,958 | |||
Fair Value | $ 4,958 | ||||
Investment, Identifier [Axis]: Ever/Body, Inc.,3 | |||||
Interest rate margin | 5% | ||||
Interest rate floor | 8.25% | ||||
Interest rate EOT | 7.75% | ||||
Outstanding Principal | $ 2,250 | ||||
Cost | [2] | 2,322 | |||
Fair Value | $ 2,322 | ||||
Investment, Identifier [Axis]: Ever/Body, Inc.,5 | |||||
Interest rate margin | [15] | 5% | |||
Interest rate floor | [15] | 8.25% | |||
Interest rate EOT | [15] | 7.75% | |||
Outstanding Principal | $ 3,000 | ||||
Cost | [2] | 2,977 | |||
Fair Value | 2,977 | ||||
Investment, Identifier [Axis]: Everdrop GmbH , Equity Investments | |||||
Cost | [4],[5],[13],[14] | 52 | |||
Fair Value | [5],[13],[14] | $ 55 | |||
Shares | [5],[13],[14] | 13 | |||
Investment, Identifier [Axis]: Everdrop GmbH , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 24 | |||
Fair Value | [5],[11],[13],[14] | $ 25 | |||
Shares | [5],[11],[13],[14] | 14 | |||
Investment, Identifier [Axis]: Everdrop GmbH, Equity Investments | |||||
Cost | [2],[8],[16],[17] | 52 | |||
Fair Value | [8],[16],[17] | $ 54 | |||
Shares | [8],[16],[17] | 13 | |||
Investment, Identifier [Axis]: Everdrop GmbH, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 24 | |||
Fair Value | [8],[12],[16],[17] | $ 24 | |||
Shares | [8],[12],[16],[17] | 14 | |||
Investment, Identifier [Axis]: FRVR Limited | |||||
Interest rate margin | 8.25% | [15],[16],[17] | 6.25% | [10],[13],[14] | |
Interest rate floor | 11.50% | [15],[16],[17] | 9.50% | [10],[13],[14] | |
Interest rate EOT | 11% | [15],[16],[17] | 6% | [10],[13],[14] | |
Outstanding Principal | $ 2,870 | [16],[17] | $ 2,851 | [13],[14] | |
Cost | 2,918 | [2],[16],[17] | 2,880 | [4],[13],[14] | |
Fair Value | 2,918 | [16],[17] | 2,872 | [13],[14] | |
Investment, Identifier [Axis]: FRVR Limited , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | 60 | |||
Fair Value | [5],[11],[13],[14] | $ 62 | |||
Shares | [5],[11],[13],[14] | 37,335 | |||
Investment, Identifier [Axis]: FRVR Limited, 1 Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | 60 | |||
Fair Value | [8],[12],[16],[17] | $ 23 | |||
Shares | [8],[12],[16],[17] | 37,335 | |||
Investment, Identifier [Axis]: FRVR Limited, 2 Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 33 | |||
Fair Value | [8],[12],[16],[17] | $ 33 | |||
Shares | [8],[12],[16],[17] | 53,335 | |||
Investment, Identifier [Axis]: FabFitFun, Inc. | |||||
Interest rate margin | 7% | 7% | |||
Interest rate floor | 12% | 12% | |||
Interest rate EOT | 6.50% | 6.50% | |||
Outstanding Principal | $ 8,750 | $ 8,750 | |||
Cost | 8,644 | [2] | 8,552 | [4] | |
Fair Value | 8,644 | 8,552 | |||
Investment, Identifier [Axis]: FabFitFun, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 217 | |||
Fair Value | [5],[11] | $ 114 | |||
Shares | [5],[11] | 81,572 | |||
Investment, Identifier [Axis]: FabFitFun, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | 217 | |||
Fair Value | [8],[12] | $ 77 | |||
Shares | [8],[12] | 81,572 | |||
Investment, Identifier [Axis]: FabFitFun, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 194 | |||
Fair Value | [5],[11] | $ 194 | |||
Shares | [5],[11] | 60,692 | |||
Investment, Identifier [Axis]: FabFitFun, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 194 | |||
Fair Value | [8],[12] | $ 160 | |||
Shares | [8],[12] | 60,692 | |||
Investment, Identifier [Axis]: Fabletics, Inc. | |||||
Interest rate EOT | [15] | 2.50% | |||
Interest rate PIK | [15] | 9% | |||
Outstanding Principal | $ 1,249 | ||||
Cost | [2] | 1,110 | |||
Fair Value | 1,086 | ||||
Investment, Identifier [Axis]: Federated Government Obligations Fund | |||||
Cost | $ 45,013 | ||||
Fair Value | 45,013 | ||||
Investment, Identifier [Axis]: Federated Government Obligations Fund, Cash Equivalents | |||||
Cost | 38,539 | ||||
Fair Value | 38,539 | ||||
Investment, Identifier [Axis]: Filevine, Inc. , Equity Investments | |||||
Cost | [4],[5] | 143 | |||
Fair Value | [5] | $ 111 | |||
Shares | [5] | 22,541 | |||
Investment, Identifier [Axis]: Filevine, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 15 | |||
Fair Value | [5],[11] | $ 101 | |||
Shares | [5],[11] | 74,462 | |||
Investment, Identifier [Axis]: Filevine, Inc., Equity Investments | |||||
Cost | [2],[8] | 143 | |||
Fair Value | [8] | $ 195 | |||
Shares | [8] | 22,541 | |||
Investment, Identifier [Axis]: Filevine, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 15 | |||
Fair Value | [8],[12] | $ 353 | |||
Shares | [8],[12] | 74,462 | |||
Investment, Identifier [Axis]: FireHydrant, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 115 | |||
Fair Value | [5],[11] | $ 125 | |||
Shares | [5],[11] | 113,050 | |||
Investment, Identifier [Axis]: FireHydrant, Inc. 1 | |||||
Interest rate margin | 4% | ||||
Interest rate floor | 12.25% | ||||
Interest rate EOT | 7.25% | ||||
Outstanding Principal | $ 5,200 | ||||
Cost | [4] | 5,164 | |||
Fair Value | $ 5,164 | ||||
Investment, Identifier [Axis]: FireHydrant, Inc. 2 | |||||
Interest rate margin | [10] | 4% | |||
Interest rate floor | [10] | 12.25% | |||
Interest rate EOT | [10] | 7.25% | |||
Outstanding Principal | $ 1,600 | ||||
Cost | [4] | 1,577 | |||
Fair Value | 1,577 | ||||
Investment, Identifier [Axis]: FireHydrant, Inc., Growth Capital Loan 1 | |||||
Interest rate margin | 4% | ||||
Interest rate floor | 12.25% | ||||
Interest rate EOT | 7.25% | ||||
Outstanding Principal | $ 5,200 | ||||
Cost | [2] | 5,245 | |||
Fair Value | $ 5,130 | ||||
Investment, Identifier [Axis]: FireHydrant, Inc., Growth Capital Loan 2 | |||||
Interest rate margin | [15] | 4% | |||
Interest rate floor | [15] | 12.25% | |||
Interest rate EOT | [15] | 7.25% | |||
Outstanding Principal | $ 1,600 | ||||
Cost | [2] | 1,601 | |||
Fair Value | $ 1,561 | ||||
Investment, Identifier [Axis]: FireHydrant, Inc., Growth Capital Loan 3 | |||||
Interest rate margin | [15] | 4% | |||
Interest rate floor | [15] | 12.25% | |||
Interest rate EOT | [15] | 7.25% | |||
Outstanding Principal | $ 600 | ||||
Cost | [2] | 592 | |||
Fair Value | $ 573 | ||||
Investment, Identifier [Axis]: FireHydrant, Inc., Growth Capital Loan 4 | |||||
Interest rate margin | [15] | 4% | |||
Interest rate floor | [15] | 12.25% | |||
Interest rate EOT | [15] | 7.25% | |||
Outstanding Principal | $ 600 | ||||
Cost | [2] | 590 | |||
Fair Value | 571 | ||||
Investment, Identifier [Axis]: FireHydrant, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 115 | |||
Fair Value | [8],[12] | $ 125 | |||
Shares | [8],[12] | 113,050 | |||
Investment, Identifier [Axis]: Firemaps, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 33 | |||
Fair Value | [5],[11] | $ 33 | |||
Shares | [5],[11] | 24,539 | |||
Investment, Identifier [Axis]: Firemaps, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 33 | |||
Fair Value | [8],[12] | $ 33 | |||
Shares | [8],[12] | 24,539 | |||
Investment, Identifier [Axis]: FitOn, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 74 | |||
Fair Value | [8],[12] | $ 74 | |||
Shares | [8],[12] | 33,548 | |||
Investment, Identifier [Axis]: FitOn, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 7 | |||
Fair Value | [8],[12] | $ 7 | |||
Shares | [8],[12] | 3,355 | |||
Investment, Identifier [Axis]: FitOn, Inc., 1 | |||||
Interest rate margin | [15] | 4% | |||
Interest rate floor | [15] | 11.25% | |||
Interest rate EOT | [15] | 2% | |||
Outstanding Principal | $ 4,444 | ||||
Cost | [2] | 4,350 | |||
Fair Value | $ 4,350 | ||||
Investment, Identifier [Axis]: FitOn, Inc., 2 | |||||
Interest rate margin | [15] | 4% | |||
Interest rate floor | [15] | 11.25% | |||
Interest rate EOT | [15] | 2% | |||
Outstanding Principal | $ 556 | ||||
Cost | [2] | 544 | |||
Fair Value | $ 544 | ||||
Investment, Identifier [Axis]: FitOn, Inc., 3 | |||||
Interest rate margin | [15] | 4% | |||
Interest rate floor | [15] | 11.25% | |||
Interest rate EOT | [15] | 2% | |||
Outstanding Principal | $ 500 | ||||
Cost | [2] | 488 | |||
Fair Value | $ 488 | ||||
Investment, Identifier [Axis]: FlashParking, Inc. | |||||
Interest rate margin | 1.75% | ||||
Interest rate floor | 12.75% | ||||
Interest rate PIK | 2.50% | ||||
Outstanding Principal | $ 10,003 | ||||
Cost | [2] | 9,835 | |||
Fair Value | 9,945 | ||||
Investment, Identifier [Axis]: FlashParking, Inc. 1 | |||||
Interest rate margin | 7% | ||||
Interest rate floor | 10.25% | ||||
Interest rate EOT | 7% | ||||
Outstanding Principal | $ 10,000 | ||||
Cost | [4] | 10,468 | |||
Fair Value | 10,489 | ||||
Investment, Identifier [Axis]: FlashParking, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 360 | |||
Fair Value | [5],[11] | $ 576 | |||
Shares | [5],[11] | 93,767 | |||
Investment, Identifier [Axis]: FlashParking, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | 360 | |||
Fair Value | [8],[12] | $ 584 | |||
Shares | [8],[12] | 93,767 | |||
Investment, Identifier [Axis]: FlashParking, Inc. 2 | |||||
Interest rate margin | 5% | ||||
Interest rate floor | 8.25% | ||||
Interest rate EOT | 4.50% | ||||
Outstanding Principal | $ 347 | ||||
Cost | [4] | 360 | |||
Fair Value | 361 | ||||
Investment, Identifier [Axis]: FlashParking, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | 90 | |||
Fair Value | [5],[11] | $ 144 | |||
Shares | [5],[11] | 23,442 | |||
Investment, Identifier [Axis]: FlashParking, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 90 | |||
Fair Value | [8],[12] | $ 146 | |||
Shares | [8],[12] | 23,442 | |||
Investment, Identifier [Axis]: FlashParking, Inc. 3 | |||||
Interest rate margin | 5% | ||||
Interest rate floor | 8.25% | ||||
Interest rate EOT | 4.50% | ||||
Outstanding Principal | $ 1,209 | ||||
Cost | [4] | 1,210 | |||
Fair Value | 1,213 | ||||
Investment, Identifier [Axis]: FlashParking, Inc. 3, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 70 | |||
Fair Value | [8],[12] | $ 70 | |||
Shares | [8],[12] | 25,838 | |||
Investment, Identifier [Axis]: Flashparking, Inc. , Equity Investments | |||||
Cost | [4],[5] | 272 | |||
Fair Value | [5] | $ 264 | |||
Shares | [5] | 19,870 | |||
Investment, Identifier [Axis]: Flashparking, Inc., Equity Investments | |||||
Cost | [2],[8] | $ 273 | |||
Fair Value | [8] | $ 270 | |||
Shares | [8] | 19,870 | |||
Investment, Identifier [Axis]: Flink SE , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 23 | |||
Fair Value | [5],[11],[13],[14] | $ 0 | |||
Shares | [5],[11],[13],[14] | 18 | |||
Investment, Identifier [Axis]: Flink SE 1 | |||||
Interest rate EOT | [10],[13],[14] | 6.75% | |||
Outstanding Principal | [13],[14] | $ 1,250 | |||
Cost | [4],[13],[14] | 1,274 | |||
Fair Value | [13],[14] | $ 1,034 | |||
Investment interest rate | [10],[13],[14] | 9.75% | |||
Investment, Identifier [Axis]: Flink SE 2 | |||||
Interest rate EOT | [10],[13],[14] | 6.75% | |||
Outstanding Principal | [13],[14] | $ 1,250 | |||
Cost | [4],[13],[14] | 1,263 | |||
Fair Value | [13],[14] | $ 977 | |||
Investment interest rate | [10],[13],[14] | 9.75% | |||
Investment, Identifier [Axis]: Flink SE, Growth Capital Loan 1 | |||||
Interest rate EOT | [15],[16],[17] | 6.75% | |||
Outstanding Principal | [16],[17] | $ 1,250 | |||
Cost | [2],[16],[17] | 1,297 | |||
Fair Value | [16],[17] | $ 909 | |||
Investment interest rate | [15],[16],[17] | 9.75% | |||
Investment, Identifier [Axis]: Flink SE, Growth Capital Loan 2 | |||||
Interest rate EOT | [15],[16],[17] | 6.75% | |||
Outstanding Principal | [16],[17] | $ 1,250 | |||
Cost | [2],[16],[17] | 1,286 | |||
Fair Value | [16],[17] | $ 909 | |||
Investment interest rate | [15],[16],[17] | 9.75% | |||
Investment, Identifier [Axis]: Flink SE, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 23 | |||
Fair Value | [8],[12],[16],[17] | $ 0 | |||
Shares | [8],[12],[16],[17] | 18 | |||
Investment, Identifier [Axis]: Flo Health UK Limited , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 10 | |||
Fair Value | [5],[11],[13],[14] | $ 14 | |||
Shares | [5],[11],[13],[14] | 1,163 | |||
Investment, Identifier [Axis]: Flo Health UK Limited 1 | |||||
Interest rate margin | 5.75% | [15],[16],[17] | 5.75% | [10],[13],[14] | |
Interest rate floor | 9% | [15],[16],[17] | 9% | [10],[13],[14] | |
Interest rate EOT | 3% | [15],[16],[17] | 3% | [10],[13],[14] | |
Outstanding Principal | $ 667 | [16],[17] | $ 667 | [13],[14] | |
Cost | 650 | [2],[16],[17] | 662 | [4],[13],[14] | |
Fair Value | $ 653 | [16],[17] | $ 662 | [13],[14] | |
Investment, Identifier [Axis]: Flo Health UK Limited 2 | |||||
Interest rate margin | 5.75% | [15],[16],[17] | 5.75% | [10],[13],[14] | |
Interest rate floor | 9% | [15],[16],[17] | 9% | [10],[13],[14] | |
Interest rate EOT | 3% | [15],[16],[17] | 3% | [10],[13],[14] | |
Outstanding Principal | $ 700 | [16],[17] | $ 700 | [13],[14] | |
Cost | 701 | [2],[16],[17] | 692 | [4],[13],[14] | |
Fair Value | $ 704 | [16],[17] | $ 692 | [13],[14] | |
Investment, Identifier [Axis]: Flo Health UK Limited 3 | |||||
Interest rate margin | 5.75% | [15],[16],[17] | 5.75% | [10],[13],[14] | |
Interest rate floor | 9% | [15],[16],[17] | 9% | [10],[13],[14] | |
Interest rate EOT | 3% | [15],[16],[17] | 3% | [10],[13],[14] | |
Outstanding Principal | $ 460 | [16],[17] | $ 460 | [13],[14] | |
Cost | 459 | [2],[16],[17] | 453 | [4],[13],[14] | |
Fair Value | $ 461 | [16],[17] | $ 453 | [13],[14] | |
Investment, Identifier [Axis]: Flo Health UK Limited 4 | |||||
Interest rate margin | 5.75% | [15],[16],[17] | 5.75% | [10],[13],[14] | |
Interest rate floor | 9% | [15],[16],[17] | 9% | [10],[13],[14] | |
Interest rate EOT | 3% | [15],[16],[17] | 3% | [10],[13],[14] | |
Outstanding Principal | $ 173 | [16],[17] | $ 173 | [13],[14] | |
Cost | 176 | [2],[16],[17] | 174 | [4],[13],[14] | |
Fair Value | 176 | [16],[17] | 174 | [13],[14] | |
Investment, Identifier [Axis]: Flo Health UK Limited, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | 10 | |||
Fair Value | [8],[12],[16],[17] | $ 20 | |||
Shares | [8],[12],[16],[17] | 1,163 | |||
Investment, Identifier [Axis]: Foodology Inc. , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | 12 | |||
Fair Value | [5],[11],[13],[14] | $ 9 | |||
Shares | [5],[11],[13],[14] | 2,869 | |||
Investment, Identifier [Axis]: Foodology Inc. 1 | |||||
Interest rate margin | [10],[13],[14] | 5.75% | |||
Interest rate floor | [10],[13],[14] | 9% | |||
Interest rate EOT | [10],[13],[14] | 5.50% | |||
Outstanding Principal | [13],[14] | $ 22 | |||
Cost | [4],[13],[14] | 23 | |||
Fair Value | [13],[14] | $ 23 | |||
Investment, Identifier [Axis]: Foodology Inc. 2 | |||||
Interest rate margin | [10],[13],[14] | 5.75% | |||
Interest rate floor | [10],[13],[14] | 9% | |||
Interest rate EOT | [10],[13],[14] | 5.50% | |||
Outstanding Principal | [13],[14] | $ 56 | |||
Cost | [4],[13],[14] | 58 | |||
Fair Value | [13],[14] | $ 58 | |||
Investment, Identifier [Axis]: Foodology Inc. 3 | |||||
Interest rate margin | [10],[13],[14] | 6.25% | |||
Interest rate floor | [10],[13],[14] | 9.50% | |||
Interest rate EOT | [10],[13],[14] | 6% | |||
Outstanding Principal | [13],[14] | $ 369 | |||
Cost | [4],[13],[14] | 383 | |||
Fair Value | [13],[14] | $ 383 | |||
Investment, Identifier [Axis]: Foodology Inc. 4 | |||||
Interest rate margin | [10],[13],[14] | 6.75% | |||
Interest rate floor | [10],[13],[14] | 10% | |||
Interest rate EOT | [10],[13],[14] | 6.50% | |||
Outstanding Principal | [13],[14] | $ 372 | |||
Cost | [4],[13],[14] | 369 | |||
Fair Value | [13],[14] | 369 | |||
Investment, Identifier [Axis]: Foodology Inc., Growth Capital Loan 1 | |||||
Interest rate margin | [15],[16],[17] | 5.75% | |||
Interest rate floor | [15],[16],[17] | 9% | |||
Interest rate EOT | [15],[16],[17] | 5.50% | |||
Outstanding Principal | [16],[17] | $ 14 | |||
Cost | [2],[16],[17] | 15 | |||
Fair Value | [16],[17] | $ 15 | |||
Investment, Identifier [Axis]: Foodology Inc., Growth Capital Loan 2 | |||||
Interest rate margin | [15],[16],[17] | 5.75% | |||
Interest rate floor | [15],[16],[17] | 9% | |||
Interest rate EOT | [15],[16],[17] | 5.50% | |||
Outstanding Principal | [16],[17] | $ 37 | |||
Cost | [2],[16],[17] | 40 | |||
Fair Value | [16],[17] | $ 40 | |||
Investment, Identifier [Axis]: Foodology Inc., Growth Capital Loan 3 | |||||
Interest rate margin | [15],[16],[17] | 6.25% | |||
Interest rate floor | [15],[16],[17] | 9.50% | |||
Interest rate EOT | [15],[16],[17] | 6% | |||
Outstanding Principal | [16],[17] | $ 248 | |||
Cost | [2],[16],[17] | 269 | |||
Fair Value | [16],[17] | $ 269 | |||
Investment, Identifier [Axis]: Foodology Inc., Growth Capital Loan 4 | |||||
Interest rate margin | [15],[16],[17] | 6.75% | |||
Interest rate floor | [15],[16],[17] | 10% | |||
Interest rate EOT | [15],[16],[17] | 6.50% | |||
Outstanding Principal | [16],[17] | $ 372 | |||
Cost | [2],[16],[17] | 375 | |||
Fair Value | [16],[17] | 375 | |||
Investment, Identifier [Axis]: Foodology Inc., Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | 12 | |||
Fair Value | [8],[12],[16],[17] | $ 9 | |||
Shares | [8],[12],[16],[17] | 2,869 | |||
Investment, Identifier [Axis]: Forte Labs, Inc. Equity Investments | |||||
Cost | [4],[5] | 250 | |||
Fair Value | [5] | $ 303 | |||
Shares | [5] | 184,679 | |||
Investment, Identifier [Axis]: Forte Labs, Inc., Equity Investments | |||||
Cost | [2],[8] | $ 250 | |||
Fair Value | [8] | $ 303 | |||
Shares | [8] | 184,679 | |||
Investment, Identifier [Axis]: Forte Labs, Inc., Warrant Investments | |||||
Cost | $ 65 | [2],[8],[12] | $ 65 | [4],[5],[11] | |
Fair Value | $ 223 | [8],[12] | $ 223 | [5],[11] | |
Shares | 318,571 | [8],[12] | 318,571 | [5],[11] | |
Investment, Identifier [Axis]: Forum Brands, LLC , Equity Investments | |||||
Cost | [4],[5] | $ 90 | |||
Fair Value | [5] | $ 31 | |||
Shares | [5] | 493 | |||
Investment, Identifier [Axis]: Forum Brands, LLC 1 | |||||
Interest rate EOT | 6% | 6% | |||
Outstanding Principal | $ 1,669 | $ 1,669 | |||
Cost | 1,698 | [2] | 1,669 | [4] | |
Fair Value | $ 1,683 | $ 1,649 | |||
Investment interest rate | 12% | 12% | |||
Investment, Identifier [Axis]: Forum Brands, LLC 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 149 | |||
Fair Value | [5],[11] | $ 204 | |||
Shares | [5],[11] | 14,143 | |||
Investment, Identifier [Axis]: Forum Brands, LLC 1, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 146 | |||
Fair Value | [8],[12] | $ 209 | |||
Shares | [8],[12] | 14,143 | |||
Investment, Identifier [Axis]: Forum Brands, LLC 10 | |||||
Interest rate EOT | 6% | [15] | 6% | [10] | |
Outstanding Principal | $ 1,836 | $ 1,836 | |||
Cost | 1,897 | [2] | 1,877 | [4] | |
Fair Value | $ 1,881 | $ 1,854 | |||
Investment interest rate | 12% | [15] | 12% | [10] | |
Investment, Identifier [Axis]: Forum Brands, LLC 11 | |||||
Interest rate EOT | 6% | [15] | 6% | [10] | |
Outstanding Principal | $ 700 | $ 700 | |||
Cost | 717 | [2] | 709 | [4] | |
Fair Value | $ 709 | $ 699 | |||
Investment interest rate | 12% | [15] | 12% | [10] | |
Investment, Identifier [Axis]: Forum Brands, LLC 12 | |||||
Interest rate EOT | 6% | [15] | 6% | [10] | |
Outstanding Principal | $ 263 | $ 263 | |||
Cost | 270 | [2] | 267 | [4] | |
Fair Value | $ 267 | $ 263 | |||
Investment interest rate | 12% | [15] | 12% | [10] | |
Investment, Identifier [Axis]: Forum Brands, LLC 13 | |||||
Interest rate EOT | 6% | [15] | 6% | [10] | |
Outstanding Principal | $ 1,710 | $ 1,710 | |||
Cost | 1,726 | [2] | 1,705 | [4] | |
Fair Value | $ 1,702 | $ 1,676 | |||
Investment interest rate | 12% | [15] | 12% | [10] | |
Investment, Identifier [Axis]: Forum Brands, LLC 14 | |||||
Interest rate EOT | 6% | [15] | 6% | [10] | |
Outstanding Principal | $ 3,078 | $ 3,078 | |||
Cost | 3,096 | [2] | 3,057 | [4] | |
Fair Value | $ 3,052 | $ 3,005 | |||
Investment interest rate | 12% | [15] | 12% | [10] | |
Investment, Identifier [Axis]: Forum Brands, LLC 15 | |||||
Interest rate EOT | 6% | [15] | 6% | [10] | |
Outstanding Principal | $ 184 | $ 184 | |||
Cost | 184 | [2] | 182 | [4] | |
Fair Value | $ 181 | $ 178 | |||
Investment interest rate | 12% | [15] | 12% | [10] | |
Investment, Identifier [Axis]: Forum Brands, LLC 16 | |||||
Interest rate margin | 5.25% | [15] | 5.25% | [10] | |
Interest rate floor | 11.50% | [15] | 11.50% | [10] | |
Interest rate EOT | 5% | [15] | 5% | [10] | |
Outstanding Principal | $ 180 | $ 180 | |||
Cost | 176 | [2] | 173 | [4] | |
Fair Value | $ 176 | $ 173 | |||
Investment, Identifier [Axis]: Forum Brands, LLC 17 | |||||
Interest rate margin | 5.25% | [15] | 5.25% | [10] | |
Interest rate floor | 11.50% | [15] | 11.50% | [10] | |
Interest rate EOT | 5% | [15] | 5% | [10] | |
Outstanding Principal | $ 1,369 | $ 1,369 | |||
Cost | 1,337 | [2] | 1,315 | [4] | |
Fair Value | $ 1,337 | $ 1,315 | |||
Investment, Identifier [Axis]: Forum Brands, LLC 18 | |||||
Interest rate margin | 5.25% | [15] | 5.25% | [10] | |
Interest rate floor | 11.50% | [15] | 11.50% | [10] | |
Interest rate EOT | 5% | [15] | 5% | [10] | |
Outstanding Principal | $ 104 | $ 104 | |||
Cost | 102 | [2] | 100 | [4] | |
Fair Value | 102 | 100 | |||
Investment, Identifier [Axis]: Forum Brands, LLC 19 | |||||
Outstanding Principal | 2,179 | 2,179 | [5] | ||
Cost | 2,179 | [2] | 2,179 | [4],[5] | |
Fair Value | $ 1,693 | $ 1,573 | [5] | ||
Investment, Identifier [Axis]: Forum Brands, LLC 2 | |||||
Interest rate EOT | 6% | 6% | |||
Outstanding Principal | $ 263 | $ 263 | |||
Cost | 274 | [2] | 272 | [4] | |
Fair Value | $ 272 | $ 269 | |||
Investment interest rate | 12% | 12% | |||
Investment, Identifier [Axis]: Forum Brands, LLC 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 188 | |||
Fair Value | [5],[11] | $ 192 | |||
Shares | [5],[11] | 12,964 | |||
Investment, Identifier [Axis]: Forum Brands, LLC 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 188 | |||
Fair Value | [8],[12] | $ 192 | |||
Shares | [8],[12] | 12,964 | |||
Investment, Identifier [Axis]: Forum Brands, LLC 20 | |||||
Interest rate margin | [15] | 5.25% | |||
Interest rate floor | [15] | 11.50% | |||
Interest rate EOT | [15] | 5% | |||
Outstanding Principal | $ 147 | ||||
Cost | [2] | 140 | |||
Fair Value | $ 140 | ||||
Investment, Identifier [Axis]: Forum Brands, LLC 3 | |||||
Interest rate EOT | 6% | 6% | |||
Outstanding Principal | $ 315 | $ 315 | |||
Cost | 328 | [2] | 326 | [4] | |
Fair Value | $ 325 | $ 322 | |||
Investment interest rate | 12% | 12% | |||
Investment, Identifier [Axis]: Forum Brands, LLC 3 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 42 | |||
Fair Value | [5],[11] | $ 42 | |||
Shares | [5],[11] | 2,829 | |||
Investment, Identifier [Axis]: Forum Brands, LLC 3, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 42 | |||
Fair Value | [8],[12] | $ 42 | |||
Shares | [8],[12] | 2,829 | |||
Investment, Identifier [Axis]: Forum Brands, LLC 4 | |||||
Interest rate EOT | 6% | 6% | |||
Outstanding Principal | $ 1,458 | $ 1,458 | |||
Cost | 1,515 | [2] | 1,505 | [4] | |
Fair Value | $ 1,499 | $ 1,484 | |||
Investment interest rate | 12% | 12% | |||
Investment, Identifier [Axis]: Forum Brands, LLC 5 | |||||
Interest rate EOT | 6% | 6% | |||
Outstanding Principal | $ 947 | $ 947 | |||
Cost | 981 | [2] | 975 | [4] | |
Fair Value | $ 970 | $ 960 | |||
Investment interest rate | 12% | 12% | |||
Investment, Identifier [Axis]: Forum Brands, LLC 6 | |||||
Interest rate EOT | 6% | 6% | |||
Outstanding Principal | $ 2,540 | $ 2,540 | |||
Cost | 2,633 | [2] | 2,615 | [4] | |
Fair Value | $ 2,603 | $ 2,576 | |||
Investment interest rate | 12% | 12% | |||
Investment, Identifier [Axis]: Forum Brands, LLC 7 | |||||
Interest rate EOT | 6% | 6% | |||
Outstanding Principal | $ 848 | $ 848 | |||
Cost | 879 | [2] | 870 | [4] | |
Fair Value | $ 872 | $ 860 | |||
Investment interest rate | 12% | 12% | |||
Investment, Identifier [Axis]: Forum Brands, LLC 8 | |||||
Interest rate EOT | 6% | 6% | |||
Outstanding Principal | $ 324 | $ 324 | |||
Cost | 336 | [2] | 332 | [4] | |
Fair Value | $ 333 | $ 329 | |||
Investment interest rate | 12% | 12% | |||
Investment, Identifier [Axis]: Forum Brands, LLC 9 | |||||
Interest rate EOT | 6% | 6% | |||
Outstanding Principal | $ 57 | $ 57 | |||
Cost | 59 | [2] | 58 | [4] | |
Fair Value | $ 59 | $ 58 | |||
Investment interest rate | 12% | 12% | |||
Investment, Identifier [Axis]: Forum Brands, LLC, Equity Investments | |||||
Cost | [2],[8] | $ 90 | |||
Fair Value | [8] | $ 31 | |||
Shares | [8] | 493 | |||
Investment, Identifier [Axis]: Found Health, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 1 | |||
Fair Value | [5],[11] | $ 1 | |||
Shares | [5],[11] | 2,465 | |||
Investment, Identifier [Axis]: Found Health, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 1 | |||
Fair Value | [8],[12] | $ 1 | |||
Shares | [8],[12] | 2,465 | |||
Investment, Identifier [Axis]: GoEuro Corp. 1 | |||||
Interest rate EOT | [13],[14] | 10.50% | |||
Outstanding Principal | [13],[14] | $ 5,000 | |||
Cost | [4],[13],[14] | 5,207 | |||
Fair Value | [13],[14] | $ 5,257 | |||
Investment interest rate | [13],[14] | 12% | |||
Investment, Identifier [Axis]: GoEuro Corp. 1 , Equity Investments | |||||
Cost | [4],[5],[13],[14] | $ 82 | |||
Fair Value | [5],[13],[14] | $ 133 | |||
Shares | [5],[13],[14] | 1,326 | |||
Investment, Identifier [Axis]: GoEuro Corp. 1 , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 90 | |||
Fair Value | [5],[11],[13],[14] | $ 93 | |||
Shares | [5],[11],[13],[14] | 2,775 | |||
Investment, Identifier [Axis]: GoEuro Corp. 2 | |||||
Interest rate EOT | [13],[14] | 10.50% | |||
Outstanding Principal | [13],[14] | $ 2,500 | |||
Cost | [4],[13],[14] | 2,603 | |||
Fair Value | [13],[14] | $ 2,629 | |||
Investment interest rate | [13],[14] | 12% | |||
Investment, Identifier [Axis]: GoEuro Corp. 2 , Equity Investments | |||||
Cost | [4],[5],[13],[14] | $ 79 | |||
Fair Value | [5],[13],[14] | $ 103 | |||
Shares | [5],[13],[14] | 1,027 | |||
Investment, Identifier [Axis]: GoEuro Corp. 2 , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 65 | |||
Fair Value | [5],[11],[13],[14] | $ 105 | |||
Shares | [5],[11],[13],[14] | 2,439 | |||
Investment, Identifier [Axis]: GoEuro Corp. 3 , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 167 | |||
Fair Value | [5],[11],[13],[14] | $ 167 | |||
Shares | [5],[11],[13],[14] | 3,902 | |||
Investment, Identifier [Axis]: Good Eggs, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 142 | |||
Fair Value | [5],[11] | $ 12 | |||
Shares | [5],[11] | 83,265 | |||
Investment, Identifier [Axis]: Good Eggs, Inc. 1 | |||||
Interest rate margin | 0.50% | ||||
Interest rate floor | 8% | ||||
Interest rate EOT | 7.75% | ||||
Outstanding Principal | $ 3,532 | ||||
Cost | [4] | 3,691 | |||
Fair Value | $ 3,605 | ||||
Investment, Identifier [Axis]: Good Eggs, Inc. 2 | |||||
Interest rate margin | [10] | 0.50% | |||
Interest rate floor | [10] | 8% | |||
Interest rate EOT | [10] | 6% | |||
Outstanding Principal | $ 3,000 | ||||
Cost | [4] | 3,066 | |||
Fair Value | 3,004 | ||||
Investment, Identifier [Axis]: Good Eggs, Inc., Growth Capital Loan 1 | |||||
Interest rate margin | [19] | 0.50% | |||
Interest rate floor | [19] | 8% | |||
Interest rate EOT | [19] | 7.75% | |||
Outstanding Principal | [19] | $ 3,452 | |||
Cost | [2],[19] | 3,638 | |||
Fair Value | [19] | $ 1,944 | |||
Investment, Identifier [Axis]: Good Eggs, Inc., Growth Capital Loan 2 | |||||
Interest rate margin | [15],[19] | 0.50% | |||
Interest rate floor | [15],[19] | 8% | |||
Interest rate EOT | [15],[19] | 6% | |||
Outstanding Principal | [19] | $ 2,932 | |||
Cost | [2],[19] | 3,022 | |||
Fair Value | [19] | 1,458 | |||
Investment, Identifier [Axis]: Good Eggs, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 142 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 83,265 | |||
Investment, Identifier [Axis]: Grey Orange International Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 92 | |||
Fair Value | [5],[11] | $ 32 | |||
Shares | [5],[11] | 13,940 | |||
Investment, Identifier [Axis]: Grey Orange International Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 92 | |||
Fair Value | [8],[12] | $ 61 | |||
Shares | [8],[12] | 26,386 | |||
Investment, Identifier [Axis]: Grove Collaborative, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 72 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 33,038 | |||
Investment, Identifier [Axis]: Grove Collaborative, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 72 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 33,038 | |||
Investment, Identifier [Axis]: HI LLC (Kernel) | |||||
Interest rate margin | 1.50% | ||||
Interest rate floor | 15.50% | 15.50% | |||
Interest rate EOT | 8.50% | 8.50% | |||
Interest rate PIK | 6.50% | 6.50% | |||
Outstanding Principal | $ 2,452 | $ 2,373 | |||
Cost | 2,597 | [2] | 2,482 | [4] | |
Fair Value | 2,568 | $ 2,432 | |||
Investment interest rate | 1.50% | ||||
Investment, Identifier [Axis]: HI LLC (Kernel) 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 48 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 49,425 | |||
Investment, Identifier [Axis]: HI LLC (Kernel) 1, Warrant Investments | |||||
Cost | [2],[8],[12] | 48 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 49,425 | |||
Investment, Identifier [Axis]: HI LLC (Kernel) 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 44 | |||
Fair Value | [5],[11] | $ 2 | |||
Shares | [5],[11] | 175,000 | |||
Investment, Identifier [Axis]: HI LLC (Kernel) 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 44 | |||
Fair Value | [8],[12] | $ 2 | |||
Shares | [8],[12] | 175,000 | |||
Investment, Identifier [Axis]: Habyt GmbH , Equity Investments | |||||
Cost | [4],[5] | $ 443 | |||
Fair Value | [5] | $ 252 | |||
Shares | [5] | 400 | |||
Investment, Identifier [Axis]: Habyt GmbH, Equity Investments | |||||
Cost | [2],[8] | $ 443 | |||
Fair Value | [8] | $ 245 | |||
Shares | [8] | 400 | |||
Investment, Identifier [Axis]: Headout Inc. | |||||
Cost | [2],[8],[12] | $ 58 | |||
Fair Value | [8],[12] | $ 20 | |||
Shares | [8],[12] | 8,991 | |||
Investment, Identifier [Axis]: Headout Inc., Growth Capital Loan | |||||
Interest rate margin | [15] | 3.25% | |||
Interest rate floor | [15] | 11.75% | |||
Interest rate EOT | [15] | 4.25% | |||
Outstanding Principal | $ 2,351 | ||||
Cost | [2] | 2,307 | |||
Fair Value | $ 2,307 | ||||
Investment, Identifier [Axis]: Highbeam, Inc. | |||||
Interest rate margin | [10] | 4.25% | |||
Interest rate floor | [10] | 12% | |||
Outstanding Principal | $ 2,688 | ||||
Cost | [4] | 2,665 | |||
Fair Value | 2,665 | ||||
Investment, Identifier [Axis]: Highbeam, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 2 | |||
Fair Value | [5],[11] | $ 2 | |||
Shares | [5],[11] | 37,361 | |||
Investment, Identifier [Axis]: Highbeam, Inc., Revolver | |||||
Interest rate margin | [15] | 4.25% | |||
Interest rate floor | [15] | 12.75% | |||
Outstanding Principal | $ 2,553 | ||||
Cost | [2] | 2,546 | |||
Fair Value | 2,546 | ||||
Investment, Identifier [Axis]: Highbeam, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 2 | |||
Fair Value | [8],[12] | $ 6 | |||
Shares | [8],[12] | 40,380 | |||
Investment, Identifier [Axis]: Hiya, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 54 | |||
Fair Value | [5],[11] | $ 54 | |||
Shares | [5],[11] | 115,073 | |||
Investment, Identifier [Axis]: Hiya, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 54 | |||
Fair Value | [8],[12] | $ 54 | |||
Shares | [8],[12] | 115,073 | |||
Investment, Identifier [Axis]: Homelight, Inc 1 | |||||
Outstanding Principal | $ 500 | ||||
Cost | [2] | 495 | |||
Fair Value | $ 492 | ||||
Investment interest rate | [15] | 17.25% | |||
Investment, Identifier [Axis]: Homelight, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 8 | |||
Fair Value | [5],[11] | $ 1 | |||
Shares | [5],[11] | 2,446 | |||
Investment, Identifier [Axis]: Homelight, Inc. 2 | |||||
Outstanding Principal | $ 250 | ||||
Cost | [2] | 247 | |||
Fair Value | $ 245 | ||||
Investment interest rate | [15] | 18% | |||
Investment, Identifier [Axis]: Homelight, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 8 | |||
Fair Value | [8],[12] | $ 1 | |||
Shares | [8],[12] | 2,446 | |||
Investment, Identifier [Axis]: Homelight, Inc.1 | |||||
Outstanding Principal | $ 500 | ||||
Cost | [4] | 494 | |||
Fair Value | $ 490 | ||||
Investment interest rate | [10] | 17.25% | |||
Investment, Identifier [Axis]: Homelight, Inc.2 | |||||
Outstanding Principal | $ 250 | ||||
Cost | [4] | 246 | |||
Fair Value | $ 244 | ||||
Investment interest rate | [10] | 18% | |||
Investment, Identifier [Axis]: Homeward, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 148 | |||
Fair Value | [5],[11] | $ 18 | |||
Shares | [5],[11] | 38,302 | |||
Investment, Identifier [Axis]: Homeward, Inc. 1 | |||||
Interest rate margin | 6.50% | 6.50% | |||
Interest rate floor | 9.75% | 9.75% | |||
Interest rate EOT | 9.75% | 9.75% | |||
Outstanding Principal | $ 4,000 | $ 4,000 | |||
Cost | 4,206 | [2] | 4,163 | [4] | |
Fair Value | $ 3,979 | $ 4,016 | |||
Investment, Identifier [Axis]: Homeward, Inc. 2 | |||||
Interest rate margin | 6.25% | 6.25% | [10] | ||
Interest rate floor | 9.50% | 9.50% | [10] | ||
Interest rate EOT | 2.25% | 2.25% | [10] | ||
Outstanding Principal | $ 2,073 | $ 4,000 | |||
Cost | 2,136 | [2] | 4,007 | [4] | |
Fair Value | 2,118 | 3,971 | |||
Investment, Identifier [Axis]: Homeward, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 148 | |||
Fair Value | [8],[12] | $ 3 | |||
Shares | [8],[12] | 38,302 | |||
Investment, Identifier [Axis]: Honor Technology, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 50 | |||
Fair Value | [5],[11] | $ 192 | |||
Shares | [5],[11] | 130,618 | |||
Investment, Identifier [Axis]: Honor Technology, Inc. 1 , Equity Investments | |||||
Cost | [4],[5] | $ 198 | |||
Fair Value | [5] | $ 228 | |||
Shares | [5] | 82,443 | |||
Investment, Identifier [Axis]: Honor Technology, Inc. 1, Equity Investments | |||||
Cost | [2],[8] | $ 198 | |||
Fair Value | [8] | $ 228 | |||
Shares | [8] | 82,443 | |||
Investment, Identifier [Axis]: Honor Technology, Inc. 2 , Equity Investments | |||||
Cost | [4],[5] | $ 66 | |||
Fair Value | [5] | $ 66 | |||
Shares | [5] | 20,932 | |||
Investment, Identifier [Axis]: Honor Technology, Inc. 2, Equity Investments | |||||
Cost | [2],[8] | $ 66 | |||
Fair Value | [8] | $ 66 | |||
Shares | [8] | 20,932 | |||
Investment, Identifier [Axis]: Honor Technology, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 50 | |||
Fair Value | [8],[12] | $ 192 | |||
Shares | [8],[12] | 130,618 | |||
Investment, Identifier [Axis]: Hover Inc , Equity Investments | |||||
Cost | [4],[5] | $ 58 | |||
Fair Value | [5] | $ 66 | |||
Shares | [5] | 10,595 | |||
Investment, Identifier [Axis]: Hover Inc. | |||||
Interest rate margin | 4.75% | 4.75% | |||
Interest rate floor | 9.50% | 9.50% | |||
Interest rate EOT | 5.50% | 5.50% | |||
Outstanding Principal | $ 5,000 | $ 5,000 | |||
Cost | 5,039 | [2] | 4,988 | [4] | |
Fair Value | 5,039 | 4,988 | |||
Investment, Identifier [Axis]: Hover Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 77 | |||
Fair Value | [5],[11] | $ 90 | |||
Shares | [5],[11] | 45,910 | |||
Investment, Identifier [Axis]: Hover Inc., Equity Investments | |||||
Cost | [2],[8] | 58 | |||
Fair Value | [8] | $ 66 | |||
Shares | [8] | 10,595 | |||
Investment, Identifier [Axis]: Hover Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 77 | |||
Fair Value | [8],[12] | $ 90 | |||
Shares | [8],[12] | 45,910 | |||
Investment, Identifier [Axis]: Hydrow, Inc. 1 | |||||
Interest rate margin | 7.75% | ||||
Interest rate floor | 11% | ||||
Interest rate EOT | 10% | ||||
Outstanding Principal | $ 1,650 | ||||
Cost | [4] | 1,757 | |||
Fair Value | 1,705 | ||||
Investment, Identifier [Axis]: Hydrow, Inc. 1 , Equity Investments | |||||
Cost | [4],[5] | 166 | |||
Fair Value | [5] | $ 6 | |||
Shares | [5] | 42,642 | |||
Investment, Identifier [Axis]: Hydrow, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 70 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 50,863 | |||
Investment, Identifier [Axis]: Hydrow, Inc. 1, Equity Investments | |||||
Cost | [2],[8] | $ 166 | |||
Fair Value | [8] | $ 6 | |||
Shares | [8] | 42,642 | |||
Investment, Identifier [Axis]: Hydrow, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 70 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 74,157 | |||
Investment, Identifier [Axis]: Hydrow, Inc. 2 | |||||
Interest rate margin | 7.75% | ||||
Interest rate floor | 11% | ||||
Interest rate EOT | 10% | ||||
Outstanding Principal | $ 3,300 | ||||
Cost | [4] | 3,491 | |||
Fair Value | 3,388 | ||||
Investment, Identifier [Axis]: Hydrow, Inc. 2 , Equity Investments | |||||
Cost | [4],[5] | 165 | |||
Fair Value | [5] | $ 6 | |||
Shares | [5] | 22,881 | |||
Investment, Identifier [Axis]: Hydrow, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 35 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 22,299 | |||
Investment, Identifier [Axis]: Hydrow, Inc. 2, Equity Investments | |||||
Cost | [2],[8] | $ 165 | |||
Fair Value | [8] | $ 6 | |||
Shares | [8] | 22,881 | |||
Investment, Identifier [Axis]: Hydrow, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 35 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 22,299 | |||
Investment, Identifier [Axis]: Hydrow, Inc. 3 | |||||
Interest rate margin | 7% | ||||
Interest rate floor | 10.25% | ||||
Interest rate EOT | 10% | ||||
Outstanding Principal | $ 5,025 | ||||
Cost | [4] | 5,300 | |||
Fair Value | 5,118 | ||||
Investment, Identifier [Axis]: Hydrow, Inc. 3 , Warrant Investments | |||||
Cost | [4],[5],[11] | 25 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 13,936 | |||
Investment, Identifier [Axis]: Hydrow, Inc. 3, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 25 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 13,936 | |||
Investment, Identifier [Axis]: Hydrow, Inc. 4 | |||||
Interest rate margin | 7% | ||||
Interest rate floor | 10.25% | ||||
Interest rate EOT | 10% | ||||
Outstanding Principal | $ 5,025 | ||||
Cost | [4] | 5,297 | |||
Fair Value | $ 5,116 | ||||
Investment, Identifier [Axis]: Hydrow, Inc., Growth Capital Loan 1 | |||||
Interest rate margin | 7.75% | ||||
Interest rate floor | 11% | ||||
Interest rate EOT | 10% | ||||
Outstanding Principal | $ 1,650 | ||||
Cost | [2] | 1,785 | |||
Fair Value | $ 1,757 | ||||
Investment, Identifier [Axis]: Hydrow, Inc., Growth Capital Loan 2 | |||||
Interest rate margin | 7.75% | ||||
Interest rate floor | 11% | ||||
Interest rate EOT | 10% | ||||
Outstanding Principal | $ 3,300 | ||||
Cost | [2] | 3,557 | |||
Fair Value | $ 3,501 | ||||
Investment, Identifier [Axis]: Hydrow, Inc., Growth Capital Loan 3 | |||||
Interest rate margin | 7% | ||||
Interest rate floor | 10.25% | ||||
Interest rate EOT | 10% | ||||
Outstanding Principal | $ 5,025 | ||||
Cost | [2] | 5,392 | |||
Fair Value | $ 5,281 | ||||
Investment, Identifier [Axis]: Hydrow, Inc., Growth Capital Loan 4 | |||||
Interest rate margin | 7% | ||||
Interest rate floor | 10.25% | ||||
Interest rate EOT | 10% | ||||
Outstanding Principal | $ 5,025 | ||||
Cost | [2] | 5,390 | |||
Fair Value | 5,279 | ||||
Investment, Identifier [Axis]: Idelic Inc. 1 | |||||
Interest rate margin | [10] | 8.25% | |||
Interest rate floor | [10] | 11.50% | |||
Interest rate EOT | [10] | 9.50% | |||
Outstanding Principal | $ 4,000 | ||||
Cost | [4] | 4,080 | |||
Fair Value | 4,080 | ||||
Investment, Identifier [Axis]: Idelic Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 46 | |||
Fair Value | [5],[11] | $ 11 | |||
Shares | [5],[11] | 30,551 | |||
Investment, Identifier [Axis]: Idelic Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | 46 | |||
Fair Value | [8],[12] | $ 5 | |||
Shares | [8],[12] | 30,551 | |||
Investment, Identifier [Axis]: Idelic Inc. 2 | |||||
Interest rate margin | [10] | 2.50% | |||
Interest rate floor | [10] | 10% | |||
Interest rate EOT | [10] | 2.50% | |||
Outstanding Principal | $ 2,800 | ||||
Cost | [4] | 2,775 | |||
Fair Value | 2,775 | ||||
Investment, Identifier [Axis]: Idelic Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | 13 | |||
Fair Value | [5],[11] | $ 13 | |||
Shares | [5],[11] | 36,661 | |||
Investment, Identifier [Axis]: Idelic Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 13 | |||
Fair Value | [8],[12] | $ 7 | |||
Shares | [8],[12] | 36,661 | |||
Investment, Identifier [Axis]: Idelic Inc., Growth Capital Loan 2 | |||||
Interest rate margin | [15] | 2.50% | |||
Interest rate floor | [15] | 10% | |||
Interest rate EOT | [15] | 2.50% | |||
Outstanding Principal | $ 2,800 | ||||
Cost | [2] | 2,795 | |||
Fair Value | $ 2,795 | ||||
Investment, Identifier [Axis]: Idelic Inc., Growth Capital Loan 1 | |||||
Interest rate margin | 8.25% | ||||
Interest rate floor | 11.50% | ||||
Interest rate EOT | 9.50% | ||||
Outstanding Principal | $ 4,000 | ||||
Cost | [2] | 4,141 | |||
Fair Value | 4,141 | ||||
Investment, Identifier [Axis]: Immersive Group Gaming LTD , Warrant Investments | |||||
Cost | [4],[5],[11],[14] | $ 115 | |||
Fair Value | [5],[11],[14] | $ 86 | |||
Shares | [5],[11],[14] | 451,039 | |||
Investment, Identifier [Axis]: Immersive Group Gaming LTD, Warrant Investments | |||||
Cost | [2],[8],[12],[17] | 115 | |||
Fair Value | [8],[12],[17] | $ 86 | |||
Shares | [8],[12],[17] | 451,039 | |||
Investment, Identifier [Axis]: InFarm - Indoor Urban Farming GMBH 1 | |||||
Investment interest rate | [10],[13],[14],[20] | 6% | |||
Investment, Identifier [Axis]: InFarm Technologies Limited | |||||
Cost | [2],[8],[16],[17] | $ 0 | |||
Fair Value | [8],[16],[17] | $ 0 | |||
Shares | [8],[16],[17] | 8,750 | |||
Investment, Identifier [Axis]: InFarm Technologies Limited 1 | |||||
Outstanding Principal | [16],[17],[19] | $ 3,886 | |||
Cost | [2],[16],[17],[19] | 1,217 | |||
Fair Value | [16],[17],[19] | $ 1,168 | |||
Investment interest rate | [15],[16],[17],[19] | 6% | |||
Investment, Identifier [Axis]: InFarm Technologies Limited 2 | |||||
Outstanding Principal | [16],[17],[19] | $ 15 | |||
Cost | [2],[16],[17],[19] | 15 | |||
Fair Value | [16],[17],[19] | $ 5 | |||
Investment interest rate | [15],[16],[17],[19] | 6% | |||
Investment, Identifier [Axis]: InFarm Technologies Limited 3 | |||||
Outstanding Principal | [16],[17],[19] | $ 349 | |||
Cost | [2],[16],[17],[19] | 109 | |||
Fair Value | [16],[17],[19] | $ 105 | |||
Investment interest rate | [15],[16],[17],[19] | 6% | |||
Investment, Identifier [Axis]: InFarm Technologies Limited 4 | |||||
Interest rate EOT | [15],[16],[17],[19] | 50% | |||
Outstanding Principal | [16],[17],[19] | $ 22 | |||
Cost | [2],[16],[17],[19] | 22 | |||
Fair Value | [16],[17],[19] | 30 | |||
Investment, Identifier [Axis]: Infinite Athlete, Inc. (f/k/a Tempus Ex Machina, Inc.) | |||||
Cost | [2],[8],[12] | 38 | |||
Fair Value | [8],[12] | $ 22 | |||
Shares | [8],[12] | 53,879 | |||
Investment, Identifier [Axis]: JOKR S.a.r.l. , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 538 | |||
Fair Value | [5],[11],[13],[14] | $ 81 | |||
Shares | [5],[11],[13],[14] | 14,763 | |||
Investment, Identifier [Axis]: JOKR S.a.r.l. 1 | |||||
Interest rate margin | [10],[13],[14] | 5.75% | |||
Interest rate floor | [10],[13],[14] | 9% | |||
Interest rate EOT | [10],[13],[14] | 3% | |||
Outstanding Principal | [13],[14] | $ 1,252 | |||
Cost | [4],[13],[14] | 1,303 | |||
Fair Value | [13],[14] | 1,290 | |||
Investment, Identifier [Axis]: JOKR S.a.r.l. 1 ,Equity Investments | |||||
Cost | [4],[5],[13],[14] | 375 | |||
Fair Value | [5],[13],[14] | $ 328 | |||
Shares | [5],[13],[14] | 5,688 | |||
Investment, Identifier [Axis]: JOKR S.a.r.l. 1, Equity Investments | |||||
Cost | [2],[8],[16],[17] | $ 375 | |||
Fair Value | [8],[16],[17] | $ 252 | |||
Shares | [8],[16],[17] | 5,688 | |||
Investment, Identifier [Axis]: JOKR S.a.r.l. 2 | |||||
Interest rate margin | [13],[14] | 7.75% | |||
Interest rate floor | [13],[14] | 11% | |||
Interest rate EOT | [13],[14] | 6% | |||
Outstanding Principal | [13],[14] | $ 4,817 | |||
Cost | [4],[13],[14] | 4,830 | |||
Fair Value | [13],[14] | 4,741 | |||
Investment, Identifier [Axis]: JOKR S.a.r.l. 2 ,Equity Investments | |||||
Cost | [4],[5],[13],[14] | 75 | |||
Fair Value | [5],[13],[14] | $ 95 | |||
Shares | [5],[13],[14] | 1,575 | |||
Investment, Identifier [Axis]: JOKR S.a.r.l. 2, Equity Investments | |||||
Cost | [2],[8],[16],[17] | $ 75 | |||
Fair Value | [8],[16],[17] | $ 70 | |||
Shares | [8],[16],[17] | 1,575 | |||
Investment, Identifier [Axis]: JOKR S.a.r.l. 3 | |||||
Interest rate margin | [10],[13],[14] | 7.75% | |||
Interest rate floor | [10],[13],[14] | 11% | |||
Interest rate EOT | [10],[13],[14] | 6% | |||
Outstanding Principal | [13],[14] | $ 1,000 | |||
Cost | [4],[13],[14] | 1,005 | |||
Fair Value | [13],[14] | 990 | |||
Investment, Identifier [Axis]: JOKR S.a.r.l., 1 | |||||
Interest rate margin | [16],[17] | 7.40% | |||
Interest rate EOT | [16],[17] | 8% | |||
Interest rate PIK | [16],[17] | 7.10% | |||
Outstanding Principal | [16],[17] | $ 4,522 | |||
Cost | [2],[16],[17] | 4,523 | |||
Fair Value | [16],[17] | $ 4,477 | |||
Investment, Identifier [Axis]: JOKR S.a.r.l., 2 | |||||
Interest rate margin | [15],[16],[17] | 9.31% | |||
Interest rate EOT | [15],[16],[17] | 8% | |||
Interest rate PIK | [15],[16],[17] | 8.94% | |||
Outstanding Principal | [16],[17] | $ 1,023 | |||
Cost | [2],[16],[17] | 1,017 | |||
Fair Value | [16],[17] | 1,017 | |||
Investment, Identifier [Axis]: JOKR S.a.r.l., 1 Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | 538 | |||
Fair Value | [8],[12],[16],[17] | $ 240 | |||
Shares | [8],[12],[16],[17] | 14,763 | |||
Investment, Identifier [Axis]: JOKR S.a.r.l., 2 Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 96 | |||
Fair Value | [8],[12],[16],[17] | $ 96 | |||
Shares | [8],[12],[16],[17] | 5,905 | |||
Investment, Identifier [Axis]: JOKR S.a.r.l., Revolver | |||||
Interest rate margin | [15],[16],[17] | 5.75% | |||
Interest rate floor | [15],[16],[17] | 9% | |||
Interest rate EOT | [15],[16],[17] | 3% | |||
Outstanding Principal | [16],[17] | $ 1,252 | |||
Cost | [2],[16],[17] | 1,386 | |||
Fair Value | [16],[17] | 1,196 | |||
Investment, Identifier [Axis]: Jerry Services, Inc, Warrant Investments | |||||
Cost | [2],[8],[12] | 8 | |||
Fair Value | [8],[12] | $ 5 | |||
Shares | [8],[12] | 2,235 | |||
Investment, Identifier [Axis]: Jerry Services, Inc. , Equity Investments | |||||
Cost | [4],[5] | 8 | |||
Fair Value | [5] | $ 6 | |||
Shares | [5] | 656 | |||
Investment, Identifier [Axis]: Jerry Services, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 8 | |||
Fair Value | [5],[11] | $ 5 | |||
Shares | [5],[11] | 2,235 | |||
Investment, Identifier [Axis]: Jerry Services, Inc. 1 | |||||
Interest rate EOT | 8.25% | [15] | 8.25% | [10] | |
Outstanding Principal | $ 500 | $ 500 | |||
Cost | 520 | [2] | 512 | [4] | |
Fair Value | $ 512 | $ 501 | |||
Investment interest rate | 10% | [15] | 10% | [10] | |
Investment, Identifier [Axis]: Jerry Services, Inc. 2 | |||||
Interest rate EOT | 8.25% | [15] | 8.25% | [10] | |
Outstanding Principal | $ 500 | $ 500 | |||
Cost | 507 | [2] | 501 | [4] | |
Fair Value | $ 506 | $ 498 | |||
Investment interest rate | 13.75% | [15] | 13.75% | [10] | |
Investment, Identifier [Axis]: Jerry Services, Inc., Equity Investments | |||||
Cost | [2],[8] | $ 8 | |||
Fair Value | [8] | $ 6 | |||
Shares | [8] | 656 | |||
Investment, Identifier [Axis]: K Health, Inc. | |||||
Interest rate margin | 2.25% | [15] | 2.25% | ||
Interest rate floor | 10% | [15] | 10% | ||
Interest rate EOT | 4.75% | [15] | 4.75% | ||
Outstanding Principal | $ 5,000 | $ 5,000 | |||
Cost | 4,946 | [2] | 4,843 | [4] | |
Fair Value | 4,946 | 4,843 | |||
Investment, Identifier [Axis]: K Health, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 187 | |||
Fair Value | [5],[11] | $ 187 | |||
Shares | [5],[11] | 61,224 | |||
Investment, Identifier [Axis]: K Health, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 187 | |||
Fair Value | [8],[12] | $ 187 | |||
Shares | [8],[12] | 61,224 | |||
Investment, Identifier [Axis]: Karat Financial Technologies Incorporated 2, Warrant Investments | |||||
Cost | [4],[5],[11] | $ 18 | |||
Fair Value | [5],[11] | $ 18 | |||
Shares | [5],[11] | 8,012 | |||
Investment, Identifier [Axis]: Karat Financial Technologies Incorporated , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 91 | |||
Fair Value | [5],[11] | $ 713 | |||
Shares | [5],[11] | 156,720 | |||
Investment, Identifier [Axis]: Karat Financial Technologies Incorporated 1 | |||||
Interest rate margin | 3.75% | [15] | 3.75% | [10] | |
Interest rate floor | 10% | [15] | 10% | [10] | |
Interest rate EOT | 2.85% | [15] | 2.85% | [10] | |
Outstanding Principal | $ 3,000 | $ 3,000 | |||
Cost | 3,025 | [2] | 3,003 | [4] | |
Fair Value | 3,025 | $ 3,003 | |||
Investment, Identifier [Axis]: Karat Financial Technologies Incorporated 1, Warrant Investments | |||||
Cost | [2],[8],[12] | 91 | |||
Fair Value | [8],[12] | $ 713 | |||
Shares | [8],[12] | 156,720 | |||
Investment, Identifier [Axis]: Karat Financial Technologies Incorporated 2 | |||||
Interest rate margin | 3.75% | [15] | 3.75% | [10] | |
Interest rate floor | 10% | [15] | 10% | [10] | |
Interest rate EOT | 2.85% | [15] | 2.85% | [10] | |
Outstanding Principal | $ 281 | $ 281 | |||
Cost | 242 | [2] | 279 | [4] | |
Fair Value | 242 | 279 | |||
Investment, Identifier [Axis]: Karat Financial Technologies Incorporated 2, Warrant Investments | |||||
Cost | [2],[8],[12] | 18 | |||
Fair Value | [8],[12] | $ 18 | |||
Shares | [8],[12] | 8,012 | |||
Investment, Identifier [Axis]: Kasa Living, Inc. , Equity Investments | |||||
Cost | [4],[5] | 150 | |||
Fair Value | [5] | $ 150 | |||
Shares | [5] | 22,725 | |||
Investment, Identifier [Axis]: Kasa Living, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 72 | |||
Fair Value | [5],[11] | $ 69 | |||
Shares | [5],[11] | 25,832 | |||
Investment, Identifier [Axis]: Kasa Living, Inc., Equity Investments | |||||
Cost | [2],[8] | $ 150 | |||
Fair Value | [8] | $ 150 | |||
Shares | [8] | 22,725 | |||
Investment, Identifier [Axis]: Kasa Living, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 72 | |||
Fair Value | [8],[12] | $ 69 | |||
Shares | [8],[12] | 25,832 | |||
Investment, Identifier [Axis]: Koatji, Inc. ,Equity Investments | |||||
Cost | [4],[5],[13],[14] | $ 50 | |||
Fair Value | [5],[13],[14] | $ 50 | |||
Shares | [5],[13],[14] | 155,164 | |||
Investment, Identifier [Axis]: Koatji, Inc., Equity Investments | |||||
Cost | [2],[8],[16],[17] | $ 50 | |||
Fair Value | [8],[16],[17] | $ 50 | |||
Shares | [8],[16],[17] | 155,164 | |||
Investment, Identifier [Axis]: Kobold Metals Company , Equity Investments | |||||
Cost | [4],[5] | $ 700 | |||
Fair Value | [5] | $ 941 | |||
Shares | [5] | 25,537 | |||
Investment, Identifier [Axis]: Kobold Metals Company , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 37 | |||
Fair Value | [5],[11] | $ 1,035 | |||
Shares | [5],[11] | 37,287 | |||
Investment, Identifier [Axis]: Kobold Metals Company, Equity Investments | |||||
Cost | [2],[8] | $ 699 | |||
Fair Value | [8] | $ 940 | |||
Shares | [8] | 25,537 | |||
Investment, Identifier [Axis]: Kobold Metals Company, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 37 | |||
Fair Value | [8],[12] | $ 1,035 | |||
Shares | [8],[12] | 37,287 | |||
Investment, Identifier [Axis]: LeoLabs, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 66 | |||
Fair Value | [5],[11] | $ 76 | |||
Shares | [5],[11] | 72,837 | |||
Investment, Identifier [Axis]: LeoLabs, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 66 | |||
Fair Value | [8],[12] | $ 76 | |||
Shares | [8],[12] | 72,837 | |||
Investment, Identifier [Axis]: Levels Health Inc. , Equity Investments | |||||
Cost | [4],[5] | $ 187 | |||
Fair Value | [5] | $ 187 | |||
Shares | [5] | 17,953 | |||
Investment, Identifier [Axis]: Levels Health Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 37 | |||
Fair Value | [5],[11] | $ 216 | |||
Shares | [5],[11] | 47,162 | |||
Investment, Identifier [Axis]: Levels Health Inc., Equity Investments | |||||
Cost | [2],[8] | $ 187 | |||
Fair Value | [8] | $ 187 | |||
Shares | [8] | 17,953 | |||
Investment, Identifier [Axis]: Levels Health Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 37 | |||
Fair Value | [8],[12] | $ 216 | |||
Shares | [8],[12] | 47,162 | |||
Investment, Identifier [Axis]: Loft Orbital Solutions Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 58 | |||
Fair Value | [5],[11] | $ 20 | |||
Shares | [5],[11] | 6,747 | |||
Investment, Identifier [Axis]: Loft Orbital Solutions Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 58 | |||
Fair Value | [8],[12] | $ 24 | |||
Shares | [8],[12] | 6,747 | |||
Investment, Identifier [Axis]: Loft Orbital Solutions, Inc. 1 | |||||
Interest rate margin | 6.75% | [15] | 6.75% | [10] | |
Interest rate floor | 10% | [15] | 10% | [10] | |
Interest rate EOT | 5% | [15] | 5% | [10] | |
Outstanding Principal | $ 1,000 | $ 1,000 | |||
Cost | 984 | [2] | 973 | [4] | |
Fair Value | $ 984 | $ 973 | |||
Investment, Identifier [Axis]: Loft Orbital Solutions, Inc. 2 | |||||
Interest rate margin | 6.75% | [15] | 6.75% | [10] | |
Interest rate floor | 10% | [15] | 10% | [10] | |
Interest rate EOT | 5% | [15] | 5% | [10] | |
Outstanding Principal | $ 1,000 | $ 1,000 | |||
Cost | 982 | [2] | 971 | [4] | |
Fair Value | $ 982 | $ 971 | |||
Investment, Identifier [Axis]: Loft Orbital Solutions, Inc. 3 | |||||
Interest rate margin | 6.75% | [15] | 6.75% | [10] | |
Interest rate floor | 10% | [15] | 10% | [10] | |
Interest rate EOT | 5% | [15] | 5% | [10] | |
Outstanding Principal | $ 1,000 | $ 1,000 | |||
Cost | 982 | [2] | 971 | [4] | |
Fair Value | $ 982 | $ 971 | |||
Investment, Identifier [Axis]: Lower Holding Company | |||||
Interest rate margin | [10] | 3.75% | |||
Interest rate floor | [10] | 11.25% | |||
Interest rate EOT | [10] | 5% | |||
Outstanding Principal | $ 2,000 | ||||
Cost | [4] | 2,012 | |||
Fair Value | 1,968 | ||||
Investment, Identifier [Axis]: Lower Holding Company , Warrant Investments | |||||
Cost | [4],[5],[11] | 47 | |||
Fair Value | [5],[11] | $ 7 | |||
Shares | [5],[11] | 36,608 | |||
Investment, Identifier [Axis]: Lower Holding Company, Growth Capital Loan | |||||
Interest rate margin | 3.75% | ||||
Interest rate floor | 11.25% | ||||
Interest rate EOT | 5% | ||||
Outstanding Principal | $ 1,740 | ||||
Cost | [2] | 1,782 | |||
Fair Value | 1,755 | ||||
Investment, Identifier [Axis]: Lower Holding Company, Warrant Investments | |||||
Cost | [2],[8],[12] | 47 | |||
Fair Value | [8],[12] | $ 7 | |||
Shares | [8],[12] | 36,608 | |||
Investment, Identifier [Axis]: Luxury Presence, Inc. | |||||
Interest rate margin | 2.75% | ||||
Interest rate floor | 9.25% | ||||
Interest rate EOT | 5.75% | ||||
Outstanding Principal | $ 1,500 | ||||
Cost | [2] | 1,465 | |||
Fair Value | 1,465 | ||||
Investment, Identifier [Axis]: Luxury Presence, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 40 | |||
Fair Value | [5],[11] | $ 25 | |||
Shares | [5],[11] | 7,734 | |||
Investment, Identifier [Axis]: Luxury Presence, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 58 | |||
Fair Value | [8],[12] | $ 36 | |||
Shares | [8],[12] | 11,215 | |||
Investment, Identifier [Axis]: MA Micro Limited 1 | |||||
Outstanding Principal | [13],[14] | $ 1,666 | |||
Cost | [4],[13],[14] | 577 | |||
Fair Value | [13],[14] | 577 | |||
Investment, Identifier [Axis]: MA Micro Limited 2 | |||||
Outstanding Principal | [13],[14] | 1,666 | |||
Cost | [4],[13],[14] | 1,085 | |||
Fair Value | [13],[14] | 1,085 | |||
Investment, Identifier [Axis]: MA Micro Limited 3 | |||||
Outstanding Principal | [13],[14] | 555 | |||
Cost | [4],[13],[14] | 474 | |||
Fair Value | [13],[14] | 474 | |||
Investment, Identifier [Axis]: MA Micro Limited, Convertible Note | |||||
Outstanding Principal | [16],[17] | $ 1,666 | |||
Cost | [2],[16],[17] | 1,085 | |||
Fair Value | [16],[17] | 1,053 | |||
Investment, Identifier [Axis]: MA Micro Limited, Growth Capital Loan 1 | |||||
Outstanding Principal | [16],[17] | 1,666 | |||
Cost | [2],[16],[17] | 577 | |||
Fair Value | [16],[17] | 560 | |||
Investment, Identifier [Axis]: MA Micro Limited, Growth Capital Loan 2 | |||||
Outstanding Principal | [16],[17] | 555 | |||
Cost | [2],[16],[17] | 474 | |||
Fair Value | [16],[17] | 461 | |||
Investment, Identifier [Axis]: MXP Prime Platform GmbH 1 , Equity Investments | |||||
Cost | [4],[5],[13],[14] | 570 | |||
Fair Value | [5],[13],[14] | $ 6 | |||
Shares | [5],[13],[14] | 83 | |||
Investment, Identifier [Axis]: MXP Prime Platform GmbH 1, Equity Investments | |||||
Cost | [2],[8],[16],[17] | 570 | |||
Fair Value | [8],[16],[17] | $ 6 | |||
Shares | [8],[16],[17] | 83 | |||
Investment, Identifier [Axis]: MXP Prime Platform GmbH 2 ,Equity Investments | |||||
Cost | [4],[5],[13],[14] | $ 0 | |||
Fair Value | [5],[13],[14] | $ 64 | |||
Shares | [5],[13],[14] | 11 | |||
Investment, Identifier [Axis]: MXP Prime Platform GmbH 2, Equity Investments | |||||
Cost | [2],[8],[16],[17] | $ 0 | |||
Fair Value | [8],[16],[17] | $ 62 | |||
Shares | [8],[16],[17] | 11 | |||
Investment, Identifier [Axis]: MXP Prime Platform GmbH 3 , Equity Investments | |||||
Cost | [4],[5],[13],[14] | $ 25 | |||
Fair Value | [5],[13],[14] | $ 25 | |||
Shares | [5],[13],[14] | 23 | |||
Investment, Identifier [Axis]: MXP Prime Platform GmbH 3, Equity Investments | |||||
Cost | [2],[8],[16],[17] | $ 25 | |||
Fair Value | [8],[16],[17] | $ 25 | |||
Shares | [8],[16],[17] | 23 | |||
Investment, Identifier [Axis]: Machinify, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 36 | |||
Fair Value | [5],[11] | $ 36 | |||
Shares | [5],[11] | 27,040 | |||
Investment, Identifier [Axis]: Machinify, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 36 | |||
Fair Value | [8],[12] | $ 36 | |||
Shares | [8],[12] | 27,040 | |||
Investment, Identifier [Axis]: Manufactured Networks, Inc. | |||||
Interest rate margin | [10] | 5.75% | |||
Interest rate floor | [10] | 14.25% | |||
Outstanding Principal | $ 5,000 | ||||
Cost | [4] | 4,962 | |||
Fair Value | 4,982 | ||||
Investment, Identifier [Axis]: Manufactured Networks, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 89 | |||
Fair Value | [5],[11] | $ 41 | |||
Shares | [5],[11] | 99,657 | |||
Investment, Identifier [Axis]: Manufactured Networks, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 89 | |||
Fair Value | [8],[12] | $ 41 | |||
Shares | [8],[12] | 99,657 | |||
Investment, Identifier [Axis]: Manufactured Networks, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 25 | |||
Fair Value | [5],[11] | $ 22 | |||
Shares | [5],[11] | 73,666 | |||
Investment, Identifier [Axis]: Manufactured Networks, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 25 | |||
Fair Value | [8],[12] | $ 22 | |||
Shares | [8],[12] | 73,666 | |||
Investment, Identifier [Axis]: Manufactured Networks, Inc., | |||||
Interest rate margin | [15] | 7.25% | |||
Interest rate floor | [15] | 15.75% | |||
Outstanding Principal | $ 3,286 | ||||
Cost | [2] | 3,270 | |||
Fair Value | 3,273 | ||||
Investment, Identifier [Axis]: Material Technologies Corporation , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 156 | |||
Fair Value | [5],[11] | $ 140 | |||
Shares | [5],[11] | 23,576 | |||
Investment, Identifier [Axis]: Material Technologies Corporation 1 , Equity Investments | |||||
Cost | [4],[5] | $ 261 | |||
Fair Value | [5] | $ 217 | |||
Shares | [5] | 12,822 | |||
Investment, Identifier [Axis]: Material Technologies Corporation 1, Equity Investments | |||||
Cost | [2],[8] | 261 | |||
Fair Value | [8] | $ 217 | |||
Shares | [8] | 12,822 | |||
Investment, Identifier [Axis]: Material Technologies Corporation 2 , Equity Investments | |||||
Cost | [4],[5] | $ 189 | |||
Fair Value | [5] | $ 157 | |||
Shares | [5] | 9,285 | |||
Investment, Identifier [Axis]: Material Technologies Corporation 2, Equity Investments | |||||
Cost | [2],[8] | $ 189 | |||
Fair Value | [8] | $ 157 | |||
Shares | [8] | 9,285 | |||
Investment, Identifier [Axis]: Material Technologies Corporation 3 , Equity Investments | |||||
Cost | [4],[5] | $ 500 | |||
Fair Value | [5] | $ 366 | |||
Shares | [5] | 15,050 | |||
Investment, Identifier [Axis]: Material Technologies Corporation 3, Equity Investments | |||||
Cost | [2],[8] | $ 500 | |||
Fair Value | [8] | $ 366 | |||
Shares | [8] | 15,050 | |||
Investment, Identifier [Axis]: Material Technologies Corporation, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 156 | |||
Fair Value | [8],[12] | $ 140 | |||
Shares | [8],[12] | 23,576 | |||
Investment, Identifier [Axis]: May Acquisitions Limited , Equity Investments | |||||
Cost | [4],[5],[13],[14] | $ 0 | |||
Fair Value | [5],[13],[14] | $ 0 | |||
Shares | [5],[13],[14] | 8,750 | |||
Investment, Identifier [Axis]: May Acquisitions Limited 1 | |||||
Outstanding Principal | [13],[14],[20] | $ 3,887 | |||
Cost | [4],[13],[14],[20] | 1,221 | |||
Fair Value | [13],[14],[20] | 1,204 | |||
Investment, Identifier [Axis]: May Acquisitions Limited 2 | |||||
Outstanding Principal | [13],[14],[20] | 15 | |||
Cost | [4],[13],[14],[20] | 15 | |||
Fair Value | [13],[14],[20] | $ 5 | |||
Investment interest rate | [10],[13],[14],[20] | 6% | |||
Investment, Identifier [Axis]: May Acquisitions Limited 3 | |||||
Outstanding Principal | [13],[14],[20] | $ 349 | |||
Cost | [4],[13],[14],[20] | 109 | |||
Fair Value | [13],[14],[20] | $ 108 | |||
Investment interest rate | [10],[13],[14],[20] | 6% | |||
Investment, Identifier [Axis]: McN Investments Ltd. , Equity Investments | |||||
Cost | [4],[5],[13],[14] | $ 20 | |||
Fair Value | [5],[13],[14] | $ 14 | |||
Shares | [5],[13],[14] | 749 | |||
Investment, Identifier [Axis]: McN Investments Ltd. , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 15 | |||
Fair Value | [5],[11],[13],[14] | $ 6 | |||
Shares | [5],[11],[13],[14] | 1,874 | |||
Investment, Identifier [Axis]: McN Investments Ltd., Equity Investments | |||||
Cost | [2],[8],[16],[17] | $ 20 | |||
Fair Value | [8],[16],[17] | $ 14 | |||
Shares | [8],[16],[17] | 749 | |||
Investment, Identifier [Axis]: McN Investments Ltd., Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 15 | |||
Fair Value | [8],[12],[16],[17] | $ 6 | |||
Shares | [8],[12],[16],[17] | 1,874 | |||
Investment, Identifier [Axis]: Medly Health Inc. 1 | |||||
Interest rate floor | [10] | 11% | |||
Interest rate EOT | [10] | 6% | |||
Interest rate PIK | [10] | 4.75% | |||
Outstanding Principal | $ 8,614 | ||||
Cost | [4] | 8,707 | |||
Fair Value | $ 8,707 | ||||
Investment, Identifier [Axis]: Medly Health Inc. 2 | |||||
Interest rate floor | [10] | 11% | |||
Interest rate EOT | [10] | 6% | |||
Interest rate PIK | [10] | 4.75% | |||
Outstanding Principal | $ 648 | ||||
Cost | [4] | 637 | |||
Fair Value | 637 | ||||
Investment, Identifier [Axis]: Merama Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 589 | |||
Fair Value | [5],[11] | $ 563 | |||
Shares | [5],[11] | 71,728 | |||
Investment, Identifier [Axis]: Merama Inc. 1 | |||||
Interest rate EOT | 7.50% | ||||
Outstanding Principal | $ 1,563 | ||||
Cost | [4] | 1,649 | |||
Fair Value | $ 1,640 | ||||
Investment interest rate | 10% | ||||
Investment, Identifier [Axis]: Merama Inc. 1 , Equity Investments | |||||
Cost | [4],[5] | $ 31 | |||
Fair Value | [5] | $ 57 | |||
Shares | [5] | 5,433 | |||
Investment, Identifier [Axis]: Merama Inc. 1, Equity Investments | |||||
Cost | [2],[8] | $ 31 | |||
Fair Value | [8] | $ 63 | |||
Shares | [8] | 5,433 | |||
Investment, Identifier [Axis]: Merama Inc. 2 | |||||
Interest rate EOT | 7.50% | ||||
Outstanding Principal | $ 732 | ||||
Cost | [4] | 771 | |||
Fair Value | $ 766 | ||||
Investment interest rate | 10% | ||||
Investment, Identifier [Axis]: Merama Inc. 2 , Equity Investments | |||||
Cost | [4],[5] | $ 13 | |||
Fair Value | [5] | $ 80 | |||
Shares | [5] | 6,944 | |||
Investment, Identifier [Axis]: Merama Inc. 2, Equity Investments | |||||
Cost | [2],[8] | $ 13 | |||
Fair Value | [8] | $ 73 | |||
Shares | [8] | 6,944 | |||
Investment, Identifier [Axis]: Merama Inc. 3 | |||||
Interest rate EOT | 7.50% | ||||
Outstanding Principal | $ 1,561 | ||||
Cost | [4] | 1,636 | |||
Fair Value | $ 1,624 | ||||
Investment interest rate | 10% | ||||
Investment, Identifier [Axis]: Merama Inc. 3 , Equity Investments | |||||
Cost | [4],[5] | $ 62 | |||
Fair Value | [5] | $ 60 | |||
Shares | [5] | 3,862 | |||
Investment, Identifier [Axis]: Merama Inc. 3, Equity Investments | |||||
Cost | [2],[8] | $ 62 | |||
Fair Value | [8] | $ 60 | |||
Shares | [8] | 3,862 | |||
Investment, Identifier [Axis]: Merama Inc. 4 | |||||
Interest rate EOT | 7.50% | ||||
Outstanding Principal | $ 3,635 | ||||
Cost | [4] | 3,634 | |||
Fair Value | $ 3,575 | ||||
Investment interest rate | 10% | ||||
Investment, Identifier [Axis]: Merama Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 589 | |||
Fair Value | [8],[12] | $ 563 | |||
Shares | [8],[12] | 71,728 | |||
Investment, Identifier [Axis]: Metropolis Technologies, Inc. | |||||
Interest rate margin | [10] | 4.85% | |||
Interest rate floor | [10] | 11.75% | |||
Interest rate PIK | [10] | 4.66% | |||
Outstanding Principal | $ 1,131 | ||||
Cost | [4] | 1,144 | |||
Fair Value | $ 1,153 | ||||
Accretion of end-of-term payments | [10] | 7% | |||
Investment, Identifier [Axis]: Metropolis Technologies, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 3 | |||
Fair Value | [5],[11] | $ 21 | |||
Shares | [5],[11] | 3,495 | |||
Investment, Identifier [Axis]: Metropolis Technologies, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 3 | |||
Fair Value | [8],[12] | $ 42 | |||
Shares | [8],[12] | 3,495 | |||
Investment, Identifier [Axis]: Minted, Inc. | |||||
Interest rate margin | 8% | 8% | |||
Interest rate floor | 11.50% | 11.50% | |||
Interest rate EOT | 6% | 6% | |||
Outstanding Principal | $ 10,000 | $ 10,000 | |||
Cost | 10,212 | [2] | 10,154 | [4] | |
Fair Value | 10,212 | 10,154 | |||
Investment, Identifier [Axis]: Minted, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 300 | |||
Fair Value | [5],[11] | $ 143 | |||
Shares | [5],[11] | 29,702 | |||
Investment, Identifier [Axis]: Minted, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 300 | |||
Fair Value | [8],[12] | $ 143 | |||
Shares | [8],[12] | 29,702 | |||
Investment, Identifier [Axis]: Morty, Inc. | |||||
Interest rate margin | [10] | 5.75% | |||
Interest rate floor | [10] | 9% | |||
Interest rate EOT | [10] | 10% | |||
Investment, Identifier [Axis]: Morty, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 66 | |||
Fair Value | [5],[11] | $ 4 | |||
Shares | [5],[11] | 88,980 | |||
Investment, Identifier [Axis]: Morty, Inc., Growth Capital Loan | |||||
Interest rate margin | 5.75% | ||||
Interest rate floor | 9% | ||||
Interest rate EOT | 10% | ||||
Outstanding Principal | $ 7,000 | $ 7,000 | |||
Cost | 7,226 | [2] | 7,098 | [4] | |
Fair Value | 6,861 | $ 6,873 | |||
Investment, Identifier [Axis]: Morty, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 66 | |||
Fair Value | [8],[12] | $ 4 | |||
Shares | [8],[12] | 88,980 | |||
Investment, Identifier [Axis]: Mynd Management, Inc. 1 | |||||
Interest rate margin | [10] | 6% | |||
Interest rate floor | [10] | 9.50% | |||
Interest rate EOT | [10] | 6% | |||
Outstanding Principal | $ 1,000 | ||||
Cost | [4] | 1,031 | |||
Fair Value | 1,031 | ||||
Investment, Identifier [Axis]: Mynd Management, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 83 | |||
Fair Value | [5],[11] | $ 113 | |||
Shares | [5],[11] | 43,472 | |||
Investment, Identifier [Axis]: Mynd Management, Inc. 2 | |||||
Interest rate margin | [10] | 6% | |||
Interest rate floor | [10] | 9.50% | |||
Interest rate EOT | [10] | 6% | |||
Outstanding Principal | $ 1,000 | ||||
Cost | [4] | 1,007 | |||
Fair Value | 1,007 | ||||
Investment, Identifier [Axis]: Mynd Management, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | 1 | |||
Fair Value | [5],[11] | $ 1 | |||
Shares | [5],[11] | 1,544 | |||
Investment, Identifier [Axis]: Mynd Management, Inc. 3 | |||||
Interest rate margin | 5.25% | ||||
Interest rate floor | 13.50% | ||||
Interest rate EOT | 4% | ||||
Outstanding Principal | $ 8,000 | ||||
Cost | [4] | 7,978 | |||
Fair Value | 7,978 | ||||
Investment, Identifier [Axis]: Mynd Management, Inc. 3 , Warrant Investments | |||||
Cost | [4],[5],[11] | 11 | |||
Fair Value | [5],[11] | $ 11 | |||
Shares | [5],[11] | 16,471 | |||
Investment, Identifier [Axis]: N26 GmbH , Equity Investments | |||||
Cost | [4],[5],[13],[14] | $ 690 | |||
Fair Value | [5],[13],[14] | $ 817 | |||
Shares | [5],[13],[14] | 12 | |||
Investment, Identifier [Axis]: N26 GmbH , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 173 | |||
Fair Value | [5],[11],[13],[14] | $ 128 | |||
Shares | [5],[11],[13],[14] | 6 | |||
Investment, Identifier [Axis]: N26 GmbH, Equity Investments | |||||
Cost | [2],[8],[16],[17] | $ 690 | |||
Fair Value | [8],[16],[17] | $ 793 | |||
Shares | [8],[16],[17] | 12 | |||
Investment, Identifier [Axis]: N26 GmbH, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 173 | |||
Fair Value | [8],[12],[16],[17] | $ 125 | |||
Shares | [8],[12],[16],[17] | 6 | |||
Investment, Identifier [Axis]: Nakdcom One World AB 1 | |||||
Interest rate margin | [15],[16],[17] | 8.25% | |||
Interest rate floor | 11.50% | [15],[16],[17] | 11.50% | [10],[13],[14] | |
Interest rate EOT | 10% | [15],[16],[17] | 10% | [10],[13],[14] | |
Interest rate PIK | [10],[13],[14] | 8.25% | |||
Outstanding Principal | $ 609 | [16],[17] | $ 560 | [13],[14] | |
Cost | 556 | [2],[16],[17] | 490 | [4],[13],[14] | |
Fair Value | 519 | [16],[17] | 461 | [13],[14] | |
Investment, Identifier [Axis]: Nakdcom One World AB 1 , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | 20 | |||
Fair Value | [5],[11],[13],[14] | $ 0 | |||
Shares | [5],[11],[13],[14] | 14,709 | |||
Investment, Identifier [Axis]: Nakdcom One World AB 1, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | 20 | |||
Fair Value | [8],[12],[16],[17] | $ 0 | |||
Shares | [8],[12],[16],[17] | 14,709 | |||
Investment, Identifier [Axis]: Nakdcom One World AB 2 | |||||
Interest rate margin | [15],[16],[17] | 8.25% | |||
Interest rate floor | 11.50% | [15],[16],[17] | 11.50% | [10],[13],[14] | |
Interest rate EOT | 10% | [15],[16],[17] | 10% | [10],[13],[14] | |
Interest rate PIK | [10],[13],[14] | 8.25% | |||
Outstanding Principal | $ 342 | [16],[17] | $ 314 | [13],[14] | |
Cost | 310 | [2],[16],[17] | 273 | [4],[13],[14] | |
Fair Value | 309 | [16],[17] | 275 | [13],[14] | |
Investment, Identifier [Axis]: Nakdcom One World AB 2 , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | 26 | |||
Fair Value | [5],[11],[13],[14] | $ 27 | |||
Shares | [5],[11],[13],[14] | 14,709 | |||
Investment, Identifier [Axis]: Nakdcom One World AB 2, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | 26 | |||
Fair Value | [8],[12],[16],[17] | $ 26 | |||
Shares | [8],[12],[16],[17] | 14,709 | |||
Investment, Identifier [Axis]: Nakdcom One World AB 3 , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 0 | |||
Fair Value | [5],[11],[13],[14] | $ 0 | |||
Shares | [5],[11],[13],[14] | 15,000 | |||
Investment, Identifier [Axis]: Nakdcom One World AB 3, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 0 | |||
Fair Value | [8],[12],[16],[17] | $ 0 | |||
Shares | [8],[12],[16],[17] | 15,000 | |||
Investment, Identifier [Axis]: Nakdcom One World AB 4 , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 79 | |||
Fair Value | [5],[11],[13],[14] | $ 83 | |||
Shares | [5],[11],[13],[14] | 45,000 | |||
Investment, Identifier [Axis]: Nakdcom One World AB 4, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 79 | |||
Fair Value | [8],[12],[16],[17] | $ 81 | |||
Shares | [8],[12],[16],[17] | 45,000 | |||
Investment, Identifier [Axis]: Narvar, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 102 | |||
Fair Value | [5],[11] | $ 51 | |||
Shares | [5],[11] | 43,580 | |||
Investment, Identifier [Axis]: Narvar, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 102 | |||
Fair Value | [8],[12] | $ 51 | |||
Shares | [8],[12] | 43,580 | |||
Investment, Identifier [Axis]: Noho Dental, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 228 | |||
Fair Value | [5],[11] | $ 228 | |||
Shares | [5],[11] | 56,109 | |||
Investment, Identifier [Axis]: Noho Dental, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 228 | |||
Fair Value | [8],[12] | $ 228 | |||
Shares | [8],[12] | 56,109 | |||
Investment, Identifier [Axis]: Omio Corp. (f/k/a GoEuro Corp.) 1 | |||||
Interest rate EOT | [16],[17] | 10.50% | |||
Outstanding Principal | [16],[17] | $ 5,000 | |||
Cost | [2],[16],[17] | 5,254 | |||
Fair Value | [16],[17] | $ 5,360 | |||
Investment interest rate | [16],[17] | 12% | |||
Investment, Identifier [Axis]: Omio Corp. (f/k/a GoEuro Corp.) 1, Equity Investments | |||||
Cost | [2],[8],[16],[17] | $ 82 | |||
Fair Value | [8],[16],[17] | $ 133 | |||
Shares | [8],[16],[17] | 1,326 | |||
Investment, Identifier [Axis]: Omio Corp. (f/k/a GoEuro Corp.) 1, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 90 | |||
Fair Value | [8],[12],[16],[17] | $ 93 | |||
Shares | [8],[12],[16],[17] | 2,775 | |||
Investment, Identifier [Axis]: Omio Corp. (f/k/a GoEuro Corp.) 2 | |||||
Interest rate EOT | [16],[17] | 10.50% | |||
Outstanding Principal | [16],[17] | $ 2,500 | |||
Cost | [2],[16],[17] | 2,627 | |||
Fair Value | [16],[17] | $ 2,680 | |||
Investment interest rate | [16],[17] | 12% | |||
Investment, Identifier [Axis]: Omio Corp. (f/k/a GoEuro Corp.) 2, Equity Investments | |||||
Cost | [2],[8],[16],[17] | $ 79 | |||
Fair Value | [8],[16],[17] | $ 103 | |||
Shares | [8],[16],[17] | 1,027 | |||
Investment, Identifier [Axis]: Omio Corp. (f/k/a GoEuro Corp.) 2, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 65 | |||
Fair Value | [8],[12],[16],[17] | $ 105 | |||
Shares | [8],[12],[16],[17] | 2,439 | |||
Investment, Identifier [Axis]: Omio Corp. (f/k/a GoEuro Corp.) 3, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 84 | |||
Fair Value | [8],[12],[16],[17] | $ 84 | |||
Shares | [8],[12],[16],[17] | 1,951 | |||
Investment, Identifier [Axis]: Omio Corp. (f/k/a GoEuro Corp.) 4, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 84 | |||
Fair Value | [8],[12],[16],[17] | $ 270 | |||
Shares | [8],[12],[16],[17] | 4,476 | |||
Investment, Identifier [Axis]: OnSiteIQ, Inc. | |||||
Interest rate margin | 3.50% | ||||
Interest rate floor | 11.75% | ||||
Interest rate EOT | 6.75% | ||||
Outstanding Principal | $ 2,416 | ||||
Cost | [4] | 2,417 | |||
Fair Value | 2,417 | ||||
Investment, Identifier [Axis]: OnSiteIQ, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 14 | |||
Fair Value | [5],[11] | $ 64 | |||
Shares | [5],[11] | 102,864 | |||
Investment, Identifier [Axis]: OnSiteIQ, Inc., Growth Capital Loan 1 | |||||
Interest rate margin | 3.50% | ||||
Interest rate floor | 11.75% | ||||
Interest rate EOT | 6.75% | ||||
Outstanding Principal | $ 2,416 | ||||
Cost | [2] | 2,456 | |||
Fair Value | $ 2,456 | ||||
Investment, Identifier [Axis]: OnSiteIQ, Inc., Growth Capital Loan 2 | |||||
Interest rate margin | [15] | 3.50% | |||
Interest rate floor | [15] | 11.75% | |||
Interest rate EOT | [15] | 6.75% | |||
Outstanding Principal | $ 334 | ||||
Cost | [2] | 333 | |||
Fair Value | 333 | ||||
Investment, Identifier [Axis]: OnSiteIQ, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 14 | |||
Fair Value | [8],[12] | $ 64 | |||
Shares | [8],[12] | 102,864 | |||
Investment, Identifier [Axis]: OpenLoop Health, Inc. 1 | |||||
Interest rate margin | 3.50% | ||||
Interest rate floor | 11.25% | ||||
Interest rate EOT | 7.50% | ||||
Outstanding Principal | $ 2,000 | ||||
Cost | [2] | 2,007 | |||
Fair Value | 2,015 | ||||
Investment, Identifier [Axis]: OpenLoop Health, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 51 | |||
Fair Value | [5],[11] | $ 60 | |||
Shares | [5],[11] | 11,186 | |||
Investment, Identifier [Axis]: OpenLoop Health, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | 51 | |||
Fair Value | [8],[12] | $ 81 | |||
Shares | [8],[12] | 11,186 | |||
Investment, Identifier [Axis]: OpenLoop Health, Inc. 2 | |||||
Interest rate margin | [15] | 1.50% | |||
Interest rate floor | [15] | 9.25% | |||
Interest rate EOT | [15] | 3.25% | |||
Outstanding Principal | $ 2,000 | ||||
Cost | [2] | 2,065 | |||
Fair Value | 2,000 | ||||
Investment, Identifier [Axis]: OpenLoop Health, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 25 | |||
Fair Value | [5],[11] | $ 30 | |||
Shares | [5],[11] | 5,593 | |||
Investment, Identifier [Axis]: OpenLoop Health, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | 25 | |||
Fair Value | [8],[12] | $ 40 | |||
Shares | [8],[12] | 5,593 | |||
Investment, Identifier [Axis]: OpenLoop Health, Inc. 3 | |||||
Interest rate margin | 3.50% | ||||
Interest rate floor | 11.25% | ||||
Interest rate EOT | 7.50% | ||||
Outstanding Principal | $ 3,000 | ||||
Cost | [2] | 2,937 | |||
Fair Value | 2,954 | ||||
Investment, Identifier [Axis]: OpenLoop Health, Inc. 3 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 89 | |||
Fair Value | [5],[11] | $ 89 | |||
Shares | [5],[11] | 16,779 | |||
Investment, Identifier [Axis]: OpenLoop Health, Inc. 3, Warrant Investments | |||||
Cost | [2],[8],[12] | 89 | |||
Fair Value | [8],[12] | $ 121 | |||
Shares | [8],[12] | 16,779 | |||
Investment, Identifier [Axis]: Openloop Health Inc. 1 | |||||
Interest rate margin | [10] | 3.50% | |||
Interest rate floor | [10] | 11.25% | |||
Interest rate EOT | [10] | 7.50% | |||
Outstanding Principal | $ 2,000 | ||||
Cost | [4] | 1,958 | |||
Fair Value | $ 1,958 | ||||
Investment, Identifier [Axis]: Openloop Health Inc. 2 | |||||
Interest rate margin | [10] | 1.50% | |||
Interest rate floor | [10] | 9.25% | |||
Interest rate EOT | [10] | 3.25% | |||
Outstanding Principal | $ 2,000 | ||||
Cost | [4] | 2,002 | |||
Fair Value | $ 2,002 | ||||
Investment, Identifier [Axis]: Openloop Health Inc. 3 | |||||
Interest rate margin | [10] | 3.50% | |||
Interest rate floor | [10] | 11.25% | |||
Interest rate EOT | [10] | 7.50% | |||
Outstanding Principal | $ 3,000 | ||||
Cost | [4] | 2,865 | |||
Fair Value | 2,865 | ||||
Investment, Identifier [Axis]: Overtime Sports, Inc. , Equity Investments | |||||
Cost | [4],[5] | 150 | |||
Fair Value | [5] | $ 150 | |||
Shares | [5] | 19,148 | |||
Investment, Identifier [Axis]: Overtime Sports, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 5 | |||
Fair Value | [5],[11] | $ 5 | |||
Shares | [5],[11] | 2,234 | |||
Investment, Identifier [Axis]: Overtime Sports, Inc., Equity Investments | |||||
Cost | [2],[8] | $ 150 | |||
Fair Value | [8] | $ 150 | |||
Shares | [8] | 19,148 | |||
Investment, Identifier [Axis]: Overtime Sports, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 5 | |||
Fair Value | [8],[12] | $ 5 | |||
Shares | [8],[12] | 2,234 | |||
Investment, Identifier [Axis]: Pair Eyewear, Inc. | |||||
Cost | [2],[8],[16],[17] | $ 10 | |||
Fair Value | [8],[16],[17] | $ 10 | |||
Shares | [8],[16],[17] | 1,880 | |||
Investment, Identifier [Axis]: Pair Eyewear, Inc. , Equity Investments | |||||
Cost | [4],[5] | $ 250 | |||
Fair Value | [5] | $ 250 | |||
Shares | [5] | 48,598 | |||
Investment, Identifier [Axis]: Pair Eyewear, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 5 | |||
Fair Value | [5],[11] | $ 7 | |||
Shares | [5],[11] | 2,288 | |||
Investment, Identifier [Axis]: Pair Eyewear, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 5 | |||
Fair Value | [8],[12] | $ 7 | |||
Shares | [8],[12] | 2,288 | |||
Investment, Identifier [Axis]: Parker Group Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 9 | |||
Fair Value | [5],[11] | $ 9 | |||
Shares | [5],[11] | 2,667 | |||
Investment, Identifier [Axis]: Parker Group Inc. 1 | |||||
Interest rate margin | 3.50% | 3.50% | |||
Interest rate floor | 6.75% | 6.75% | |||
Outstanding Principal | $ 62 | $ 151 | |||
Cost | 62 | [2] | 150 | [4] | |
Fair Value | $ 62 | $ 150 | |||
Investment, Identifier [Axis]: Parker Group Inc. 2 | |||||
Interest rate margin | 5.25% | 5.25% | |||
Interest rate floor | 8.50% | 8.50% | |||
Interest rate EOT | 8.25% | 8.25% | |||
Outstanding Principal | $ 407 | $ 629 | |||
Cost | 451 | [2] | 661 | [4] | |
Fair Value | 451 | $ 661 | |||
Investment, Identifier [Axis]: Parker Group Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 9 | |||
Fair Value | [8],[12] | $ 5 | |||
Shares | [8],[12] | 2,667 | |||
Investment, Identifier [Axis]: Parsable, Inc. | |||||
Interest rate margin | [10] | 5% | |||
Interest rate floor | [10] | 13.50% | |||
Interest rate EOT | [10] | 4% | |||
Outstanding Principal | $ 3,333 | ||||
Cost | [4] | 3,272 | |||
Fair Value | 3,272 | ||||
Investment, Identifier [Axis]: Parsable, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 61 | |||
Fair Value | [5],[11] | $ 23 | |||
Shares | [5],[11] | 165,100 | |||
Investment, Identifier [Axis]: Parsable, Inc. 1 | |||||
Interest rate margin | [15] | 5% | |||
Interest rate floor | [15] | 13.50% | |||
Interest rate EOT | [15] | 4% | |||
Outstanding Principal | $ 3,333 | ||||
Cost | [2] | 3,306 | |||
Fair Value | $ 3,223 | ||||
Investment, Identifier [Axis]: Parsable, Inc. 2 | |||||
Interest rate margin | [15] | 5% | |||
Interest rate floor | [15] | 13.50% | |||
Interest rate EOT | [15] | 4% | |||
Outstanding Principal | $ 1,667 | ||||
Cost | [2] | 1,644 | |||
Fair Value | 1,597 | ||||
Investment, Identifier [Axis]: Parsable, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 61 | |||
Fair Value | [8],[12] | $ 23 | |||
Shares | [8],[12] | 165,100 | |||
Investment, Identifier [Axis]: Passport Labs, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 51 | |||
Fair Value | [5],[11] | $ 51 | |||
Shares | [5],[11] | 2,102 | |||
Investment, Identifier [Axis]: Passport Labs, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 51 | |||
Fair Value | [8],[12] | $ 51 | |||
Shares | [8],[12] | 2,102 | |||
Investment, Identifier [Axis]: Path Robotics, Inc 1 | |||||
Outstanding Principal | $ 1,655 | ||||
Cost | [4] | 1,734 | |||
Fair Value | 1,734 | ||||
Investment, Identifier [Axis]: Path Robotics, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 130 | |||
Fair Value | [5],[11] | $ 42 | |||
Shares | [5],[11] | 40,579 | |||
Investment, Identifier [Axis]: Path Robotics, Inc. 1 | |||||
Interest rate margin | [10] | 6% | |||
Interest rate floor | [10] | 9.25% | |||
Interest rate EOT | [10] | 8.75% | |||
Investment, Identifier [Axis]: Path Robotics, Inc. 2 | |||||
Interest rate margin | [10] | 6% | |||
Interest rate floor | [10] | 9.25% | |||
Interest rate EOT | [10] | 8.75% | |||
Outstanding Principal | $ 1,695 | ||||
Cost | [4] | 1,756 | |||
Fair Value | $ 1,756 | ||||
Investment, Identifier [Axis]: Path Robotics, Inc. 3 | |||||
Interest rate margin | [10] | 6% | |||
Interest rate floor | [10] | 9.25% | |||
Interest rate EOT | [10] | 8.75% | |||
Outstanding Principal | $ 705 | ||||
Cost | [4] | 721 | |||
Fair Value | $ 721 | ||||
Investment, Identifier [Axis]: Path Robotics, Inc. 4 | |||||
Interest rate margin | [10] | 6% | |||
Interest rate floor | [10] | 9.25% | |||
Interest rate EOT | [10] | 8.75% | |||
Outstanding Principal | $ 2,526 | ||||
Cost | [4] | 2,562 | |||
Fair Value | 2,562 | ||||
Investment, Identifier [Axis]: Path Robotics, Inc., 1 | |||||
Interest rate margin | 6% | ||||
Interest rate floor | 9.25% | ||||
Interest rate EOT | 8.75% | ||||
Outstanding Principal | $ 1,200 | ||||
Cost | [2] | 1,313 | |||
Fair Value | $ 1,313 | ||||
Investment, Identifier [Axis]: Path Robotics, Inc., 1 | |||||
Interest rate margin | 6% | ||||
Interest rate floor | 9.25% | ||||
Interest rate EOT | 8.75% | ||||
Outstanding Principal | $ 575 | ||||
Cost | [2] | 605 | |||
Fair Value | $ 605 | ||||
Investment, Identifier [Axis]: Path Robotics, Inc., 2 | |||||
Interest rate margin | 6% | ||||
Interest rate floor | 9.25% | ||||
Interest rate EOT | 8.75% | ||||
Outstanding Principal | $ 2,343 | ||||
Cost | [2] | 2,428 | |||
Fair Value | 2,428 | ||||
Investment, Identifier [Axis]: Path Robotics, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 130 | |||
Fair Value | [8],[12] | $ 50 | |||
Shares | [8],[12] | 40,579 | |||
Investment, Identifier [Axis]: Path Robotics, Inc.2 | |||||
Interest rate margin | 6% | ||||
Interest rate floor | 9.25% | ||||
Interest rate EOT | 8.75% | ||||
Outstanding Principal | $ 1,276 | ||||
Cost | [2] | 1,372 | |||
Fair Value | 1,372 | ||||
Investment, Identifier [Axis]: Perry Health, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 42 | |||
Fair Value | [5],[11] | $ 42 | |||
Shares | [5],[11] | 96,516 | |||
Investment, Identifier [Axis]: Perry Health, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 79 | |||
Fair Value | [8],[12] | $ 79 | |||
Shares | [8],[12] | 184,258 | |||
Investment, Identifier [Axis]: Pet Folk Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 13 | |||
Fair Value | [5],[11] | $ 29 | |||
Shares | [5],[11] | 169,684 | |||
Investment, Identifier [Axis]: Pet Folk Inc. ,Equity Investments | |||||
Cost | [4],[5] | $ 200 | |||
Fair Value | [5] | $ 285 | |||
Shares | [5] | 949,667 | |||
Investment, Identifier [Axis]: Pet Folk Inc., Equity Investments | |||||
Cost | [2],[8] | $ 200 | |||
Fair Value | [8] | $ 285 | |||
Shares | [8] | 949,667 | |||
Investment, Identifier [Axis]: Petfolk Inc. 1 | |||||
Interest rate margin | [15] | 6.50% | |||
Interest rate floor | [15] | 9.75% | |||
Outstanding Principal | $ 213 | ||||
Cost | [2] | 210 | |||
Fair Value | $ 210 | ||||
Investment, Identifier [Axis]: Petfolk Inc. 2 | |||||
Interest rate margin | [15] | 6.50% | |||
Interest rate floor | [15] | 9.75% | |||
Outstanding Principal | $ 176 | ||||
Cost | [2] | 174 | |||
Fair Value | $ 174 | ||||
Investment, Identifier [Axis]: Petfolk Inc. 3 | |||||
Interest rate margin | [15] | 6.50% | |||
Interest rate floor | [15] | 9.75% | |||
Outstanding Principal | $ 177 | ||||
Cost | [2] | 175 | |||
Fair Value | $ 175 | ||||
Investment, Identifier [Axis]: Petfolk Inc. 4 | |||||
Interest rate margin | [15] | 6.50% | |||
Interest rate floor | [15] | 9.75% | |||
Outstanding Principal | $ 247 | ||||
Cost | [2] | 243 | |||
Fair Value | $ 243 | ||||
Investment, Identifier [Axis]: Petfolk Inc. 5 | |||||
Interest rate margin | [15] | 6.50% | |||
Interest rate floor | [15] | 9.75% | |||
Outstanding Principal | $ 187 | ||||
Cost | [2] | 184 | |||
Fair Value | $ 184 | ||||
Investment, Identifier [Axis]: Petfolk Inc. 6 | |||||
Interest rate margin | [15] | 6.50% | |||
Interest rate floor | [15] | 9.75% | |||
Interest rate EOT | [15] | 3% | |||
Outstanding Principal | $ 39 | ||||
Cost | [2] | 39 | |||
Fair Value | $ 39 | ||||
Investment, Identifier [Axis]: Petfolk Inc. 7 | |||||
Interest rate margin | [15] | 6.50% | |||
Interest rate floor | [15] | 9.75% | |||
Interest rate EOT | [15] | 3% | |||
Outstanding Principal | $ 147 | ||||
Cost | [2] | 145 | |||
Fair Value | $ 145 | ||||
Investment, Identifier [Axis]: Petfolk Inc. 8 | |||||
Interest rate margin | [15] | 6.50% | |||
Interest rate floor | [15] | 9.75% | |||
Interest rate EOT | [15] | 3% | |||
Outstanding Principal | $ 150 | ||||
Cost | [2] | 148 | |||
Fair Value | 148 | ||||
Investment, Identifier [Axis]: Petfolk Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 13 | |||
Fair Value | [8],[12] | $ 29 | |||
Shares | [8],[12] | 169,684 | |||
Investment, Identifier [Axis]: Petfolk, Inc. 1 | |||||
Interest rate margin | [10] | 6.50% | |||
Interest rate floor | [10] | 9.75% | |||
Outstanding Principal | $ 213 | ||||
Cost | [4] | 210 | |||
Fair Value | $ 210 | ||||
Investment, Identifier [Axis]: Petfolk, Inc. 2 | |||||
Interest rate margin | [10] | 6.50% | |||
Interest rate floor | [10] | 9.75% | |||
Outstanding Principal | $ 176 | ||||
Cost | [4] | 174 | |||
Fair Value | $ 174 | ||||
Investment, Identifier [Axis]: Petfolk, Inc. 3 | |||||
Interest rate margin | [10] | 6.50% | |||
Interest rate floor | [10] | 9.75% | |||
Outstanding Principal | $ 177 | ||||
Cost | [4] | 174 | |||
Fair Value | $ 174 | ||||
Investment, Identifier [Axis]: Petfolk, Inc. 4 | |||||
Interest rate margin | [10] | 6.50% | |||
Interest rate floor | [10] | 9.75% | |||
Outstanding Principal | $ 247 | ||||
Cost | [4] | 242 | |||
Fair Value | $ 242 | ||||
Investment, Identifier [Axis]: Petfolk, Inc. 5 | |||||
Interest rate margin | [10] | 6.50% | |||
Interest rate floor | [10] | 9.75% | |||
Outstanding Principal | $ 187 | ||||
Cost | [4] | 184 | |||
Fair Value | $ 184 | ||||
Investment, Identifier [Axis]: Petfolk, Inc. 6 | |||||
Interest rate margin | [10] | 6.50% | |||
Interest rate floor | [10] | 9.75% | |||
Interest rate EOT | [10] | 3% | |||
Outstanding Principal | $ 39 | ||||
Cost | [4] | 38 | |||
Fair Value | $ 38 | ||||
Investment, Identifier [Axis]: Petfolk, Inc. 7 | |||||
Interest rate margin | [10] | 6.50% | |||
Interest rate floor | [10] | 9.75% | |||
Interest rate EOT | [10] | 3% | |||
Outstanding Principal | $ 147 | ||||
Cost | [4] | 144 | |||
Fair Value | $ 144 | ||||
Investment, Identifier [Axis]: Petfolk, Inc. 8 | |||||
Interest rate margin | [10] | 6.50% | |||
Interest rate floor | [10] | 9.75% | |||
Interest rate EOT | [10] | 3% | |||
Outstanding Principal | $ 150 | ||||
Cost | [4] | 147 | |||
Fair Value | $ 147 | ||||
Investment, Identifier [Axis]: Phantom Auto Inc. | |||||
Interest rate margin | 6.25% | ||||
Interest rate floor | 9.50% | ||||
Interest rate EOT | 6% | ||||
Outstanding Principal | $ 1,926 | ||||
Cost | [4] | 2,210 | |||
Fair Value | 2,210 | ||||
Investment, Identifier [Axis]: Phantom Auto Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 315 | |||
Fair Value | [5],[11] | $ 205 | |||
Shares | [5],[11] | 141,409 | |||
Investment, Identifier [Axis]: Phantom Auto Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 315 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 141,409 | |||
Investment, Identifier [Axis]: Phantom Auto Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 35 | |||
Fair Value | [5],[11] | $ 23 | |||
Shares | [5],[11] | 31,698 | |||
Investment, Identifier [Axis]: Phantom Auto Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 35 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 31,698 | |||
Investment, Identifier [Axis]: Phantom Auto Inc. 3 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 24 | |||
Fair Value | [5],[11] | $ 16 | |||
Shares | [5],[11] | 22,188 | |||
Investment, Identifier [Axis]: Phantom Auto Inc. 3, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 24 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 22,188 | |||
Investment, Identifier [Axis]: Phantom Auto Inc. 4, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 0 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 34,288 | |||
Investment, Identifier [Axis]: Phantom Auto Inc., | |||||
Interest rate margin | [15],[19] | 5% | |||
Interest rate floor | [15],[19] | 13.50% | |||
Interest rate EOT | [15],[19] | 4% | |||
Outstanding Principal | [19] | $ 4,858 | |||
Cost | [2],[19] | 4,732 | |||
Fair Value | [19] | $ 3,750 | |||
Investment, Identifier [Axis]: Placemakr, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 118 | |||
Fair Value | [5],[11] | $ 118 | |||
Shares | [5],[11] | 31,796 | |||
Investment, Identifier [Axis]: Placemakr, Inc. 1 | |||||
Interest rate margin | [15] | 3.50% | |||
Interest rate floor | [15] | 12% | |||
Interest rate EOT | [15] | 4.50% | |||
Outstanding Principal | $ 2,500 | ||||
Cost | [2] | 2,422 | |||
Fair Value | $ 2,422 | ||||
Investment, Identifier [Axis]: Placemakr, Inc. 2 | |||||
Interest rate margin | [15] | 4% | |||
Interest rate floor | [15] | 12.50% | |||
Interest rate EOT | [15] | 5.50% | |||
Outstanding Principal | $ 2,500 | ||||
Cost | [2] | 2,423 | |||
Fair Value | 2,423 | ||||
Investment, Identifier [Axis]: Placemakr, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 118 | |||
Fair Value | [8],[12] | $ 118 | |||
Shares | [8],[12] | 31,796 | |||
Investment, Identifier [Axis]: Planet A Foods GmbH | |||||
Cost | [2],[8],[16],[17] | $ 250 | |||
Fair Value | [8],[16],[17] | $ 250 | |||
Shares | [8],[16],[17] | 48,598 | |||
Investment, Identifier [Axis]: Planet A Foods GmbH , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 30 | |||
Fair Value | [5],[11],[13],[14] | $ 30 | |||
Shares | [5],[11],[13],[14] | 13,722 | |||
Investment, Identifier [Axis]: Planet A Foods GmbH ,Equity Investments | |||||
Cost | [4],[5],[13],[14] | $ 10 | |||
Fair Value | [5],[13],[14] | $ 10 | |||
Shares | [5],[13],[14] | 1,880 | |||
Investment, Identifier [Axis]: Planet A Foods GmbH 1 | |||||
Interest rate margin | 7.75% | [15],[16],[17] | 7.75% | [10],[13],[14] | |
Interest rate floor | 11% | [15],[16],[17] | 11% | [10],[13],[14] | |
Interest rate EOT | 8% | [15],[16],[17] | 8% | [10],[13],[14] | |
Outstanding Principal | $ 588 | [16],[17] | $ 588 | [13],[14] | |
Cost | 597 | [2],[16],[17] | 584 | [4],[13],[14] | |
Fair Value | $ 597 | [16],[17] | $ 584 | [13],[14] | |
Investment, Identifier [Axis]: Planet A Foods GmbH 2 | |||||
Interest rate margin | 7.75% | [15],[16],[17] | 7.75% | [10],[13],[14] | |
Interest rate floor | 11% | [15],[16],[17] | 11% | [10],[13],[14] | |
Interest rate EOT | 8% | [15],[16],[17] | 8% | [10],[13],[14] | |
Outstanding Principal | $ 207 | [16],[17] | $ 207 | [13],[14] | |
Cost | 207 | [2],[16],[17] | 203 | [4],[13],[14] | |
Fair Value | $ 207 | [16],[17] | $ 203 | [13],[14] | |
Investment, Identifier [Axis]: Planet A Foods GmbH 3 | |||||
Interest rate margin | 7.75% | [15],[16],[17] | 7.75% | [10],[13],[14] | |
Interest rate floor | 11% | [15],[16],[17] | 11% | [10],[13],[14] | |
Interest rate EOT | 8% | [15],[16],[17] | 8% | [10],[13],[14] | |
Outstanding Principal | $ 172 | [16],[17] | $ 172 | [13],[14] | |
Cost | 171 | [2],[16],[17] | 168 | [4],[13],[14] | |
Fair Value | 171 | [16],[17] | 168 | [13],[14] | |
Investment, Identifier [Axis]: Planet A Foods GmbH, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | 30 | |||
Fair Value | [8],[12],[16],[17] | $ 30 | |||
Shares | [8],[12],[16],[17] | 13,722 | |||
Investment, Identifier [Axis]: Printify, Inc. , Equity Investments | |||||
Cost | [4],[5] | 50 | |||
Fair Value | [5] | $ 50 | |||
Shares | [5] | 13,850 | |||
Investment, Identifier [Axis]: Printify, Inc., Equity Investments | |||||
Cost | [2],[8] | $ 50 | |||
Fair Value | [8] | $ 50 | |||
Shares | [8] | 13,850 | |||
Investment, Identifier [Axis]: Project 1920, Inc. | |||||
Interest rate margin | 5.75% | [15],[19] | 5.75% | [10],[20] | |
Interest rate floor | 9% | [15],[19] | 9% | [10],[20] | |
Interest rate EOT | 2% | [15],[19] | 2% | [10],[20] | |
Outstanding Principal | $ 350 | [19] | $ 350 | [20] | |
Cost | 357 | [2],[19] | 357 | [4],[20] | |
Fair Value | 196 | [19] | 196 | [20] | |
Investment, Identifier [Axis]: Project 1920, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 2 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 2,823 | |||
Investment, Identifier [Axis]: Project 1920, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 2 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 2,823 | |||
Investment, Identifier [Axis]: Prose Beauty, Inc. | |||||
Interest rate margin | 3.75% | ||||
Interest rate floor | 8.50% | ||||
Interest rate EOT | 8.50% | ||||
Outstanding Principal | $ 6,000 | ||||
Cost | [2] | 5,744 | |||
Fair Value | 5,744 | ||||
Investment, Identifier [Axis]: Prose Beauty, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 155 | |||
Fair Value | [5],[11] | $ 155 | |||
Shares | [5],[11] | 24,510 | |||
Investment, Identifier [Axis]: Prose Beauty, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 311 | |||
Fair Value | [8],[12] | $ 479 | |||
Shares | [8],[12] | 49,020 | |||
Investment, Identifier [Axis]: Quantum Circuits, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 40 | |||
Fair Value | [5],[11] | $ 40 | |||
Shares | [5],[11] | 31,067 | |||
Investment, Identifier [Axis]: Quantum Circuits, Inc. 1 | |||||
Interest rate margin | [15] | 5.75% | |||
Interest rate floor | [15] | 9% | |||
Interest rate EOT | [15] | 5% | |||
Outstanding Principal | $ 104 | ||||
Cost | [2] | 105 | |||
Fair Value | $ 105 | ||||
Investment, Identifier [Axis]: Quantum Circuits, Inc. 2 | |||||
Interest rate margin | 5.75% | [15] | 5.75% | [10] | |
Interest rate floor | 9% | [15] | 9% | [10] | |
Interest rate EOT | 5% | [15] | 5% | [10] | |
Outstanding Principal | $ 300 | $ 300 | |||
Cost | 301 | [2] | 297 | [4] | |
Fair Value | $ 301 | $ 297 | |||
Investment, Identifier [Axis]: Quantum Circuits, Inc. 3 | |||||
Interest rate margin | 7% | [15] | 7% | [10] | |
Interest rate floor | 10.25% | [15] | 10.25% | [10] | |
Interest rate EOT | 6.50% | [15] | 6.50% | [10] | |
Outstanding Principal | $ 1,000 | $ 1,000 | |||
Cost | 1,014 | [2] | 1,000 | [4] | |
Fair Value | 1,014 | $ 1,000 | |||
Investment, Identifier [Axis]: Quantum Circuits, Inc., Equity Investments | |||||
Cost | [2],[8] | 50 | |||
Fair Value | [8] | $ 50 | |||
Shares | [8] | 17,612 | |||
Investment, Identifier [Axis]: Quantum Circuits, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 40 | |||
Fair Value | [8],[12] | $ 41 | |||
Shares | [8],[12] | 31,067 | |||
Investment, Identifier [Axis]: Quantum Circuits, Inc.1 | |||||
Interest rate margin | [10] | 5.75% | |||
Interest rate floor | [10] | 9% | |||
Interest rate EOT | [10] | 5% | |||
Outstanding Principal | $ 110 | ||||
Cost | [4] | 110 | |||
Fair Value | 110 | ||||
Investment, Identifier [Axis]: Quick Commerce Ltd. , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | 26 | |||
Fair Value | [5],[11],[13],[14] | $ 9 | |||
Shares | [5],[11],[13],[14] | 108,238 | |||
Investment, Identifier [Axis]: Quick Commerce Ltd. 1 | |||||
Interest rate margin | [10],[13],[14] | 7.50% | |||
Interest rate floor | [10],[13],[14] | 10.75% | |||
Interest rate EOT | 3.75% | [15],[16],[17] | 7.50% | [10],[13],[14] | |
Interest rate PIK | [15],[16],[17] | 6% | |||
Outstanding Principal | $ 784 | [16],[17] | $ 1,500 | [13],[14] | |
Cost | 639 | [2],[16],[17] | 1,523 | [4],[13],[14] | |
Fair Value | 621 | [16],[17] | $ 1,451 | [13],[14] | |
Investment, Identifier [Axis]: Quick Commerce Ltd. 1, Equity Investments | |||||
Cost | [2],[8],[16],[17] | 611 | |||
Fair Value | [8],[16],[17] | $ 598 | |||
Shares | [8],[16],[17] | 31,818 | |||
Investment, Identifier [Axis]: Quick Commerce Ltd. 2 | |||||
Interest rate margin | [10],[13],[14] | 7.50% | |||
Interest rate floor | [10],[13],[14] | 10.75% | |||
Interest rate EOT | 3.75% | [15],[16],[17] | 7.50% | [10],[13],[14] | |
Interest rate PIK | [15],[16],[17] | 6% | |||
Outstanding Principal | $ 131 | [16],[17] | $ 250 | [13],[14] | |
Cost | 106 | [2],[16],[17] | 242 | [4],[13],[14] | |
Fair Value | 103 | [16],[17] | $ 231 | [13],[14] | |
Investment, Identifier [Axis]: Quick Commerce Ltd. 2, Equity Investments | |||||
Cost | [2],[8],[16],[17] | 26 | |||
Fair Value | [8],[16],[17] | $ 129 | |||
Shares | [8],[16],[17] | 112,770,108 | |||
Investment, Identifier [Axis]: Rally Network, Inc. 1 | |||||
Interest rate floor | [10],[20] | 9% | |||
Interest rate EOT | [10],[20] | 5.75% | |||
Interest rate PIK | [10],[20] | 5.75% | |||
Outstanding Principal | [20] | $ 2,422 | |||
Cost | [4],[20] | 2,469 | |||
Fair Value | [20] | $ 918 | |||
Investment, Identifier [Axis]: Rally Network, Inc. 2 | |||||
Interest rate floor | [10],[20] | 13.50% | |||
Interest rate EOT | [10],[20] | 5.75% | |||
Interest rate PIK | [10],[20] | 5.75% | |||
Outstanding Principal | [20] | $ 42 | |||
Cost | [4],[20] | 42 | |||
Fair Value | [20] | $ 16 | |||
Investment, Identifier [Axis]: Rally Network, Inc. 3 | |||||
Interest rate floor | [10],[20] | 14.25% | |||
Interest rate EOT | [10],[20] | 5.75% | |||
Interest rate PIK | [10],[20] | 5.75% | |||
Outstanding Principal | [20] | $ 25 | |||
Cost | [4],[20] | 25 | |||
Fair Value | [20] | 9 | |||
Investment, Identifier [Axis]: Rally Network, Inc., Revolver 3 | |||||
Interest rate margin | [15],[19] | 5.75% | |||
Interest rate floor | [15],[19] | 14.25% | |||
Interest rate EOT | [15],[19] | 5.75% | |||
Outstanding Principal | [19] | $ 25 | |||
Cost | [2],[19] | 25 | |||
Fair Value | [19] | $ 6 | |||
Investment, Identifier [Axis]: Rally Network, Inc., Revolver 4 | |||||
Interest rate margin | [15],[19] | 5.75% | |||
Interest rate floor | [15],[19] | 14.25% | |||
Interest rate EOT | [15],[19] | 5.75% | |||
Outstanding Principal | [19] | $ 8 | |||
Cost | [2],[19] | 8 | |||
Fair Value | [19] | $ 2 | |||
Investment, Identifier [Axis]: Rally Network, Inc., Revolver1 | |||||
Interest rate margin | [15],[19] | 5.75% | |||
Interest rate floor | [15],[19] | 9% | |||
Interest rate EOT | [15],[19] | 5.75% | |||
Outstanding Principal | [19] | $ 2,422 | |||
Cost | [2],[19] | 2,469 | |||
Fair Value | [19] | $ 578 | |||
Investment, Identifier [Axis]: Rally Network, Inc., Revolver2 | |||||
Interest rate margin | [15],[19] | 5.75% | |||
Interest rate floor | [15],[19] | 13.50% | |||
Interest rate EOT | [15],[19] | 5.75% | |||
Outstanding Principal | [19] | $ 42 | |||
Cost | [2],[19] | 42 | |||
Fair Value | [19] | 10 | |||
Investment, Identifier [Axis]: RedFish Labs, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 122 | |||
Fair Value | [5],[11] | $ 140 | |||
Shares | [5],[11] | 53,862 | |||
Investment, Identifier [Axis]: RedFish Labs, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 122 | |||
Fair Value | [8],[12] | $ 140 | |||
Shares | [8],[12] | 53,862 | |||
Investment, Identifier [Axis]: Redesign Health Inc. , Equity Investments | |||||
Cost | [4],[5] | $ 100 | |||
Fair Value | [5] | $ 100 | |||
Shares | [5] | 5,919 | |||
Investment, Identifier [Axis]: Redesign Health Inc., Equity Investments | |||||
Cost | [2],[8] | $ 100 | |||
Fair Value | [8] | $ 100 | |||
Shares | [8] | 5,919 | |||
Investment, Identifier [Axis]: Relay Commerce, Inc. 1 | |||||
Interest rate margin | 5.75% | [15] | 5.75% | [10] | |
Interest rate floor | 10.50% | [15] | 10.50% | [10] | |
Interest rate EOT | 5% | [15] | 5% | [10] | |
Outstanding Principal | $ 1,264 | $ 3,075 | |||
Cost | 1,267 | [2] | 3,110 | [4] | |
Fair Value | 1,267 | 3,110 | |||
Investment, Identifier [Axis]: Relay Commerce, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 60 | |||
Fair Value | [5],[11] | $ 28 | |||
Shares | [5],[11] | 123,047 | |||
Investment, Identifier [Axis]: Relay Commerce, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | 60 | |||
Fair Value | [8],[12] | $ 95 | |||
Shares | [8],[12] | 123,047 | |||
Investment, Identifier [Axis]: Relay Commerce, Inc. 2 | |||||
Interest rate margin | 6.75% | [15] | 5.75% | [10] | |
Interest rate floor | 14.25% | [15] | 10.50% | [10] | |
Interest rate EOT | 2% | [15] | 5% | [10] | |
Outstanding Principal | $ 4,500 | $ 1,463 | |||
Cost | 4,392 | [2] | 1,472 | [4] | |
Fair Value | 4,392 | 1,472 | |||
Investment, Identifier [Axis]: Relay Commerce, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | 4 | |||
Fair Value | [5],[11] | $ 3 | |||
Shares | [5],[11] | 12,305 | |||
Investment, Identifier [Axis]: Relay Commerce, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | 4 | |||
Fair Value | [8],[12] | $ 9 | |||
Shares | [8],[12] | 12,305 | |||
Investment, Identifier [Axis]: Relay Commerce, Inc. 3 | |||||
Interest rate margin | [10] | 5.75% | |||
Interest rate floor | [10] | 10.50% | |||
Interest rate EOT | [10] | 5% | |||
Outstanding Principal | $ 450 | ||||
Cost | [4] | 446 | |||
Fair Value | 446 | ||||
Investment, Identifier [Axis]: Relay Commerce, Inc. 3 , Warrant Investments | |||||
Cost | [4],[5],[11] | 7 | |||
Fair Value | [5],[11] | $ 6 | |||
Shares | [5],[11] | 24,610 | |||
Investment, Identifier [Axis]: Relay Commerce, Inc. 3, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 7 | |||
Fair Value | [8],[12] | $ 19 | |||
Shares | [8],[12] | 24,610 | |||
Investment, Identifier [Axis]: Relay Commerce, Inc. 4 | |||||
Interest rate margin | [10] | 5.75% | |||
Interest rate floor | [10] | 13.75% | |||
Interest rate EOT | [10] | 5% | |||
Outstanding Principal | $ 500 | ||||
Cost | [4] | 494 | |||
Fair Value | $ 494 | ||||
Investment, Identifier [Axis]: Relay Commerce, Inc. 4, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 26 | |||
Fair Value | [8],[12] | $ 26 | |||
Shares | [8],[12] | 36,200 | |||
Investment, Identifier [Axis]: Relay Commerce, Inc. 5 | |||||
Interest rate margin | [10] | 5.75% | |||
Interest rate floor | [10] | 14.25% | |||
Interest rate EOT | [10] | 5% | |||
Outstanding Principal | $ 750 | ||||
Cost | [4] | 734 | |||
Fair Value | $ 734 | ||||
Investment, Identifier [Axis]: RenoRun, Inc. | |||||
Interest rate margin | [13],[14],[20] | 10.50% | |||
Interest rate floor | [13],[14],[20] | 13.75% | |||
Interest rate EOT | [13],[14],[20] | 8.25% | |||
Outstanding Principal | [13],[14],[20] | $ 37 | |||
Cost | [4],[13],[14],[20] | 32 | |||
Fair Value | [13],[14],[20] | 96 | |||
Investment, Identifier [Axis]: Roadsurfer GmbH 1 | |||||
Interest rate margin | [15],[16],[17] | 2.50% | |||
Interest rate floor | [15],[16],[17] | 11% | |||
Interest rate EOT | [15],[16],[17] | 4.50% | |||
Outstanding Principal | [16],[17] | $ 5,015 | |||
Cost | [2],[16],[17] | 4,527 | |||
Fair Value | [16],[17] | $ 4,514 | |||
Investment, Identifier [Axis]: Roadsurfer GmbH 2 | |||||
Interest rate margin | [15],[16],[17] | 2.50% | |||
Interest rate floor | [15],[16],[17] | 11% | |||
Interest rate EOT | [15],[16],[17] | 4.50% | |||
Outstanding Principal | [16],[17] | $ 2,507 | |||
Cost | [2],[16],[17] | 2,264 | |||
Fair Value | [16],[17] | 2,257 | |||
Investment, Identifier [Axis]: Roadsurfer GmbH., Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | 669 | |||
Fair Value | [8],[12],[16],[17] | $ 667 | |||
Shares | [8],[12],[16],[17] | 90 | |||
Investment, Identifier [Axis]: Roofstock, Inc. (f/k/a Mynd Management, Inc.) 1, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 83 | |||
Fair Value | [8],[12] | $ 51 | |||
Shares | [8],[12] | 43,472 | |||
Investment, Identifier [Axis]: Roofstock, Inc. (f/k/a Mynd Management, Inc.) 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 1 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 1,544 | |||
Investment, Identifier [Axis]: Roofstock, Inc. (f/k/a Mynd Management, Inc.) 3, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 11 | |||
Fair Value | [8],[12] | $ 3 | |||
Shares | [8],[12] | 16,471 | |||
Investment, Identifier [Axis]: SafelyYou Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 21 | |||
Fair Value | [5],[11] | $ 187 | |||
Shares | [5],[11] | 69,346 | |||
Investment, Identifier [Axis]: SafelyYou Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 21 | |||
Fair Value | [8],[12] | $ 187 | |||
Shares | [8],[12] | 69,346 | |||
Investment, Identifier [Axis]: SiSense, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 95 | |||
Fair Value | [5],[11] | $ 233 | |||
Shares | [5],[11] | 0 | |||
Investment, Identifier [Axis]: SiSense, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 95 | |||
Fair Value | [8],[12] | $ 233 | |||
Shares | [8],[12] | 0 | |||
Investment, Identifier [Axis]: Side, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 57 | |||
Fair Value | [5],[11] | $ 583 | |||
Shares | [5],[11] | 71,501 | |||
Investment, Identifier [Axis]: Side, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 57 | |||
Fair Value | [8],[12] | $ 583 | |||
Shares | [8],[12] | 71,501 | |||
Investment, Identifier [Axis]: Sidecar Health, Inc. | |||||
Interest rate margin | 7.25% | ||||
Interest rate floor | 10.50% | ||||
Interest rate EOT | 8% | ||||
Outstanding Principal | $ 8,000 | ||||
Cost | [4] | 8,343 | |||
Fair Value | 8,343 | ||||
Investment, Identifier [Axis]: Sidecar Health, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 34 | |||
Fair Value | [5],[11] | $ 7 | |||
Shares | [5],[11] | 32,620 | |||
Investment, Identifier [Axis]: Sidecar Health, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 34 | |||
Fair Value | [8],[12] | $ 41 | |||
Shares | [8],[12] | 32,620 | |||
Investment, Identifier [Axis]: Skyflow Inc. | |||||
Cost | [2],[8] | $ 62 | |||
Fair Value | [8] | $ 62 | |||
Shares | [8] | 19,945 | |||
Investment, Identifier [Axis]: Skyflow Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 31 | |||
Fair Value | [5],[11] | $ 6 | |||
Shares | [5],[11] | 19,441 | |||
Investment, Identifier [Axis]: Skyflow Inc. 1 | |||||
Interest rate margin | 1.75% | 1.75% | |||
Interest rate floor | 9.75% | 9.75% | |||
Interest rate EOT | 4.50% | 4.50% | |||
Outstanding Principal | $ 4,545 | $ 4,545 | |||
Cost | 4,549 | [2] | 4,497 | [4] | |
Fair Value | $ 4,549 | $ 4,497 | |||
Investment, Identifier [Axis]: Skyflow Inc. 2 | |||||
Interest rate margin | 5% | 5% | |||
Interest rate floor | 13% | 13% | |||
Interest rate EOT | 4.50% | 4.50% | |||
Outstanding Principal | $ 455 | $ 455 | |||
Cost | 455 | [2] | 450 | [4] | |
Fair Value | 455 | $ 450 | |||
Investment, Identifier [Axis]: Skyflow Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 31 | |||
Fair Value | [8],[12] | $ 35 | |||
Shares | [8],[12] | 39,890 | |||
Investment, Identifier [Axis]: Spinn, Inc. | |||||
Interest rate margin | 4.75% | [15],[19] | 4.75% | [10],[20] | |
Interest rate floor | 8% | [15],[19] | 8% | [10],[20] | |
Interest rate EOT | 4.50% | [15],[19] | 4.50% | [10],[20] | |
Outstanding Principal | $ 794 | [19] | $ 794 | [20] | |
Cost | 819 | [2],[19] | 819 | [4],[20] | |
Fair Value | 36 | [19] | 500 | [20] | |
Investment, Identifier [Axis]: Spinn, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 10 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 8,142 | |||
Investment, Identifier [Axis]: Spinn, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 10 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 8,142 | |||
Investment, Identifier [Axis]: Spire Animation Studios, Inc. 1 | |||||
Interest rate margin | [20] | 6.50% | |||
Interest rate floor | 15% | [19] | 15% | [20] | |
Interest rate EOT | 6.87% | [19] | 6.87% | [20] | |
Interest rate PIK | [19] | 6.50% | |||
Outstanding Principal | $ 782 | [19] | $ 782 | [20] | |
Cost | 874 | [2],[19] | 874 | [4],[20] | |
Fair Value | 870 | [19] | 860 | [20] | |
Investment, Identifier [Axis]: Spire Animation Studios, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 80 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 21,084 | |||
Investment, Identifier [Axis]: Spire Animation Studios, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | 80 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 21,084 | |||
Investment, Identifier [Axis]: Spire Animation Studios, Inc. 2 | |||||
Interest rate margin | [20] | 6.50% | |||
Interest rate floor | [20] | 15% | |||
Interest rate EOT | [20] | 7.13% | |||
Outstanding Principal | [20] | $ 534 | |||
Cost | [4],[20] | 576 | |||
Fair Value | [20] | 568 | |||
Investment, Identifier [Axis]: Spire Animation Studios, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | 105 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 27,559 | |||
Investment, Identifier [Axis]: Spire Animation Studios, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 105 | |||
Fair Value | [8],[12] | $ 0 | |||
Shares | [8],[12] | 27,559 | |||
Investment, Identifier [Axis]: Spire Animation Studios, Inc.2 | |||||
Interest rate floor | [19] | 15% | |||
Interest rate EOT | [19] | 7.13% | |||
Interest rate PIK | [19] | 6.50% | |||
Outstanding Principal | [19] | $ 534 | |||
Cost | [2],[19] | 576 | |||
Fair Value | [19] | 574 | |||
Investment, Identifier [Axis]: Strata Identity, Inc. , Equity Investments | |||||
Cost | [4],[5] | $ 250 | |||
Fair Value | [5] | $ 244 | |||
Shares | [5] | 71,633 | |||
Investment, Identifier [Axis]: Strata Identity, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 4 | |||
Fair Value | [5],[11] | $ 4 | |||
Shares | [5],[11] | 4,297 | |||
Investment, Identifier [Axis]: Strata Identity, Inc., Equity Investments | |||||
Cost | [2],[8] | 250 | |||
Fair Value | [8] | $ 244 | |||
Shares | [8] | 71,633 | |||
Investment, Identifier [Axis]: Strata Identity, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 4 | |||
Fair Value | [8],[12] | $ 4 | |||
Shares | [8],[12] | 4,297 | |||
Investment, Identifier [Axis]: SubStack, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 6 | |||
Fair Value | [5],[11] | $ 6 | |||
Shares | [5],[11] | 1,141 | |||
Investment, Identifier [Axis]: SubStack, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 6 | |||
Fair Value | [8],[12] | $ 6 | |||
Shares | [8],[12] | 1,141 | |||
Investment, Identifier [Axis]: Swift Navigation, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 39 | |||
Fair Value | [5],[11] | $ 109 | |||
Shares | [5],[11] | 46,589 | |||
Investment, Identifier [Axis]: Swift Navigation, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 39 | |||
Fair Value | [8],[12] | $ 109 | |||
Shares | [8],[12] | 46,589 | |||
Investment, Identifier [Axis]: Sylva, Inc. 1 | |||||
Interest rate margin | 3.25% | ||||
Interest rate floor | 6.50% | 6.50% | |||
Interest rate EOT | 1% | 1% | |||
Interest rate PIK | 3.25% | ||||
Outstanding Principal | $ 903 | $ 885 | |||
Cost | 922 | [2] | 900 | [4] | |
Fair Value | 830 | 896 | |||
Investment, Identifier [Axis]: Sylva, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 30 | |||
Fair Value | [5],[11] | $ 113 | |||
Shares | [5],[11] | 44,872 | |||
Investment, Identifier [Axis]: Sylva, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | 30 | |||
Fair Value | [8],[12] | $ 4 | |||
Shares | [8],[12] | 44,872 | |||
Investment, Identifier [Axis]: Sylva, Inc. 2 | |||||
Interest rate margin | 5.50% | ||||
Interest rate floor | 8.75% | 8.75% | |||
Interest rate EOT | 3.50% | 3.50% | |||
Interest rate PIK | 5.50% | ||||
Outstanding Principal | $ 984 | $ 962 | |||
Cost | 1,018 | [2] | 988 | [4] | |
Fair Value | 916 | 980 | |||
Investment, Identifier [Axis]: Sylva, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | 30 | |||
Fair Value | [5],[11] | $ 113 | |||
Shares | [5],[11] | 44,872 | |||
Investment, Identifier [Axis]: Sylva, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | 30 | |||
Fair Value | [8],[12] | $ 4 | |||
Shares | [8],[12] | 44,872 | |||
Investment, Identifier [Axis]: Sylva, Inc. 3 | |||||
Interest rate margin | 5.50% | ||||
Interest rate floor | 8.75% | 8.75% | |||
Interest rate EOT | 3.50% | 3.50% | |||
Interest rate PIK | 5.50% | ||||
Outstanding Principal | $ 1,325 | $ 1,294 | |||
Cost | 1,370 | [2] | 1,329 | [4] | |
Fair Value | $ 1,233 | $ 1,318 | |||
Investment, Identifier [Axis]: Sylva, Inc. 4 | |||||
Interest rate margin | 5.50% | ||||
Interest rate floor | 8.75% | 8.75% | |||
Interest rate EOT | 3.50% | 3.50% | |||
Interest rate PIK | 5.50% | ||||
Outstanding Principal | $ 1,590 | $ 1,553 | |||
Cost | 1,644 | [2] | 1,595 | [4] | |
Fair Value | $ 1,480 | $ 1,582 | |||
Investment, Identifier [Axis]: Sylva, Inc. 5 | |||||
Interest rate margin | 5.50% | ||||
Interest rate floor | 8.75% | 8.75% | |||
Interest rate EOT | 3.50% | 3.50% | |||
Interest rate PIK | 5.50% | ||||
Outstanding Principal | $ 1,590 | $ 1,553 | |||
Cost | 1,644 | [2] | 1,595 | [4] | |
Fair Value | $ 1,480 | $ 1,582 | |||
Investment, Identifier [Axis]: Sylva, Inc. 6 | |||||
Interest rate margin | 5.50% | ||||
Interest rate floor | 8.75% | 8.75% | |||
Interest rate EOT | 3.50% | 3.50% | |||
Interest rate PIK | 5.50% | ||||
Outstanding Principal | $ 795 | $ 777 | |||
Cost | 822 | [2] | 797 | [4] | |
Fair Value | $ 740 | $ 791 | |||
Investment, Identifier [Axis]: Sylva, Inc. 7 | |||||
Interest rate margin | [15] | 9% | |||
Interest rate floor | 17.50% | [15] | 17.50% | [10] | |
Interest rate EOT | 4% | [15] | 4% | [10] | |
Interest rate PIK | [10] | 9% | |||
Outstanding Principal | $ 111 | $ 108 | |||
Cost | 115 | [2] | 109 | [4] | |
Fair Value | 104 | $ 108 | |||
Investment, Identifier [Axis]: TFG Holding, Inc 1 | |||||
Interest rate margin | [20] | 8.75% | |||
Interest rate floor | [20] | 12% | |||
Interest rate EOT | [20] | 7.50% | |||
Outstanding Principal | [20] | $ 4,433 | |||
Cost | [4],[20] | 4,714 | |||
Fair Value | [20] | $ 4,300 | |||
Investment, Identifier [Axis]: TFG Holding, Inc 2 | |||||
Interest rate margin | [20] | 8.75% | |||
Interest rate floor | [20] | 12% | |||
Interest rate EOT | [20] | 7.50% | |||
Outstanding Principal | [20] | $ 2,955 | |||
Cost | [4],[20] | 3,006 | |||
Fair Value | [20] | 2,887 | |||
Investment, Identifier [Axis]: TFG Holding, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 249 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 70,203 | |||
Investment, Identifier [Axis]: TFG Holding, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 26 | |||
Fair Value | [5],[11] | $ 0 | |||
Shares | [5],[11] | 9,360 | |||
Investment, Identifier [Axis]: TFG Holding, Inc. 3 | |||||
Interest rate margin | [20] | 7.25% | |||
Interest rate floor | [20] | 10.50% | |||
Interest rate EOT | [20] | 7% | |||
Outstanding Principal | [20] | $ 986 | |||
Cost | [4],[20] | 1,000 | |||
Fair Value | [20] | 958 | |||
Investment, Identifier [Axis]: TMRW Sports, Inc. | |||||
Cost | [2],[8] | 500 | |||
Fair Value | [8] | $ 500 | |||
Shares | [8] | 40,174 | |||
Investment, Identifier [Axis]: Tempo Interactive Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 25 | |||
Fair Value | [5],[11] | $ 4 | |||
Shares | [5],[11] | 4,413 | |||
Investment, Identifier [Axis]: Tempo Interactive Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 25 | |||
Fair Value | [8],[12] | $ 4 | |||
Shares | [8],[12] | 4,413 | |||
Investment, Identifier [Axis]: Tempus Ex Machina, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 38 | |||
Fair Value | [5],[11] | $ 38 | |||
Shares | [5],[11] | 53,879 | |||
Investment, Identifier [Axis]: Tempus Ex Machina, Inc. 1 | |||||
Interest rate margin | 5% | [15] | 5% | [10] | |
Interest rate floor | 10.50% | [15] | 10.50% | [10] | |
Interest rate EOT | 5.25% | [15] | 5.25% | [10] | |
Outstanding Principal | $ 2,000 | $ 2,000 | |||
Cost | 2,021 | [2] | 2,003 | [4] | |
Fair Value | $ 2,021 | $ 2,003 | |||
Investment, Identifier [Axis]: Tempus Ex Machina, Inc. 2 | |||||
Interest rate margin | 5.25% | [15] | 5.25% | [10] | |
Interest rate floor | 11.25% | [15] | 11.25% | [10] | |
Interest rate EOT | 5.50% | [15] | 5.50% | [10] | |
Outstanding Principal | $ 7,000 | $ 7,000 | |||
Cost | 7,045 | [2] | 6,980 | [4] | |
Fair Value | 7,045 | 6,980 | |||
Investment, Identifier [Axis]: The Aligned Company 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | 50 | |||
Fair Value | [5],[11] | $ 574 | |||
Shares | [5],[11] | 17,564 | |||
Investment, Identifier [Axis]: The Aligned Company 2, Warrant Investments | |||||
Cost | [4],[5],[11] | $ 8 | |||
Fair Value | [5],[11] | $ 6 | |||
Shares | [5],[11] | 569 | |||
Investment, Identifier [Axis]: The Black Tux Holdings, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 139 | |||
Fair Value | [5],[11] | $ 460 | |||
Shares | [5],[11] | 142,939 | |||
Investment, Identifier [Axis]: The Black Tux Holdings, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 139 | |||
Fair Value | [8],[12] | $ 460 | |||
Shares | [8],[12] | 142,939 | |||
Investment, Identifier [Axis]: Thirty Madison, Inc. 1 | |||||
Interest rate margin | [15] | 2.42% | |||
Interest rate floor | [15] | 6.25% | |||
Interest rate EOT | [15] | 6% | |||
Interest rate PIK | [15] | 2.33% | |||
Outstanding Principal | $ 9,208 | ||||
Cost | [2] | 9,342 | |||
Fair Value | $ 9,033 | ||||
Investment, Identifier [Axis]: Thirty Madison, Inc. 2 | |||||
Interest rate margin | [15] | 2.42% | |||
Interest rate floor | [15] | 6.25% | |||
Interest rate EOT | [15] | 6% | |||
Interest rate PIK | [15] | 2.33% | |||
Outstanding Principal | $ 693 | ||||
Cost | [2] | 687 | |||
Fair Value | $ 664 | ||||
Investment, Identifier [Axis]: Thoughtful Automation Inc. | |||||
Interest rate margin | 3.75% | ||||
Interest rate floor | 12.25% | ||||
Interest rate EOT | 6% | ||||
Outstanding Principal | $ 2,439 | ||||
Cost | [2] | 2,394 | |||
Fair Value | 2,394 | ||||
Investment, Identifier [Axis]: Thoughtful Automation Inc. Warrant Investments | |||||
Cost | [2],[8],[12] | 62 | |||
Fair Value | [8],[12] | $ 62 | |||
Shares | [8],[12] | 36,745 | |||
Investment, Identifier [Axis]: Tide Holdings Limited , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | $ 45 | |||
Fair Value | [5],[11],[13],[14] | $ 151 | |||
Shares | [5],[11],[13],[14] | 52,609 | |||
Investment, Identifier [Axis]: Tide Holdings Limited, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 45 | |||
Fair Value | [8],[12],[16],[17] | $ 150 | |||
Shares | [8],[12],[16],[17] | 52,609 | |||
Investment, Identifier [Axis]: Tide Platform Limited , Equity Investments | |||||
Cost | [4],[5],[13],[14] | $ 515 | |||
Fair Value | [5],[13],[14] | $ 481 | |||
Shares | [5],[13],[14] | 43,338 | |||
Investment, Identifier [Axis]: Tide Platform Limited 1 | |||||
Interest rate EOT | [13],[14] | 6.50% | |||
Outstanding Principal | [13],[14] | $ 1,863 | |||
Cost | [4],[13],[14] | 2,128 | |||
Fair Value | [13],[14] | $ 2,029 | |||
Investment interest rate | [13],[14] | 10% | |||
Investment, Identifier [Axis]: Tide Platform Limited 2 | |||||
Interest rate EOT | [13],[14] | 4% | |||
Outstanding Principal | [13],[14] | $ 1,768 | |||
Cost | [4],[13],[14] | 1,830 | |||
Fair Value | [13],[14] | $ 1,642 | |||
Investment interest rate | [13],[14] | 10.25% | |||
Investment, Identifier [Axis]: Tide Platform Limited, Equity Investments | |||||
Cost | [2],[8],[16],[17] | $ 515 | |||
Fair Value | [8],[16],[17] | $ 477 | |||
Shares | [8],[16],[17] | 43,338 | |||
Investment, Identifier [Axis]: Tide Platform Limited, Growth Capital Loan | |||||
Interest rate EOT | [16],[17] | 6.50% | |||
Outstanding Principal | [16],[17] | $ 955 | |||
Cost | [2],[16],[17] | 1,252 | |||
Fair Value | [16],[17] | $ 1,191 | |||
Investment interest rate | [16],[17] | 10% | |||
Investment, Identifier [Axis]: Tide Platform Limited, Revolver | |||||
Interest rate EOT | [16],[17] | 4% | |||
Outstanding Principal | [16],[17] | $ 1,768 | |||
Cost | [2],[16],[17] | 1,839 | |||
Fair Value | [16],[17] | $ 1,643 | |||
Investment interest rate | [16],[17] | 10.25% | |||
Investment, Identifier [Axis]: Trendly, Inc 1 | |||||
Interest rate margin | 7.75% | ||||
Interest rate floor | 11% | ||||
Interest rate EOT | 8.50% | ||||
Outstanding Principal | $ 6,500 | ||||
Cost | [2] | 6,943 | |||
Fair Value | $ 6,908 | ||||
Investment, Identifier [Axis]: Trendly, Inc 2 | |||||
Interest rate margin | [15] | 7.75% | |||
Interest rate floor | [15] | 11% | |||
Interest rate EOT | [15] | 8.50% | |||
Outstanding Principal | $ 1,000 | ||||
Cost | [2] | 1,032 | |||
Fair Value | 1,032 | ||||
Investment, Identifier [Axis]: Trendly, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 115 | |||
Fair Value | [5],[11] | $ 305 | |||
Shares | [5],[11] | 191,580 | |||
Investment, Identifier [Axis]: Trendly, Inc. 1 | |||||
Interest rate margin | 7.75% | ||||
Interest rate floor | 11% | ||||
Interest rate EOT | 8.50% | ||||
Outstanding Principal | $ 6,500 | ||||
Cost | [4] | 6,824 | |||
Fair Value | $ 6,824 | ||||
Investment, Identifier [Axis]: Trendly, Inc. 2 | |||||
Interest rate margin | [10] | 7.75% | |||
Interest rate floor | [10] | 11% | |||
Interest rate EOT | [10] | 8.50% | |||
Outstanding Principal | $ 1,000 | ||||
Cost | [4] | 1,018 | |||
Fair Value | 1,018 | ||||
Investment, Identifier [Axis]: Trendly, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 115 | |||
Fair Value | [8],[12] | $ 199 | |||
Shares | [8],[12] | 191,580 | |||
Investment, Identifier [Axis]: Tripscout, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 7 | |||
Fair Value | [5],[11] | $ 7 | |||
Shares | [5],[11] | 37,532 | |||
Investment, Identifier [Axis]: Tripscout, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 7 | |||
Fair Value | [8],[12] | $ 7 | |||
Shares | [8],[12] | 37,532 | |||
Investment, Identifier [Axis]: True Footage, Inc. , Equity Investments | |||||
Cost | [4],[5] | $ 100 | |||
Fair Value | [5] | $ 122 | |||
Shares | [5] | 18,366 | |||
Investment, Identifier [Axis]: True Footage, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 122 | |||
Fair Value | [5],[11] | $ 287 | |||
Shares | [5],[11] | 88,762 | |||
Investment, Identifier [Axis]: True Footage, Inc. 1 | |||||
Interest rate EOT | 7% | 7% | |||
Outstanding Principal | $ 250 | $ 250 | |||
Cost | 263 | [2] | 258 | [4] | |
Fair Value | $ 263 | $ 256 | |||
Investment interest rate | 11% | 11% | |||
Investment, Identifier [Axis]: True Footage, Inc. 10 | |||||
Interest rate EOT | 7% | 7% | |||
Outstanding Principal | $ 170 | $ 170 | |||
Cost | 178 | [2] | 175 | [4] | |
Fair Value | $ 179 | $ 173 | |||
Investment interest rate | 11% | 11% | |||
Investment, Identifier [Axis]: True Footage, Inc. 11 | |||||
Interest rate EOT | 8% | 8% | |||
Outstanding Principal | $ 116 | $ 116 | |||
Cost | 122 | [2] | 119 | [4] | |
Fair Value | $ 122 | $ 118 | |||
Investment interest rate | 11% | 11% | |||
Investment, Identifier [Axis]: True Footage, Inc. 12 | |||||
Interest rate EOT | 7% | 7% | |||
Outstanding Principal | $ 300 | $ 300 | |||
Cost | 313 | [2] | 307 | [4] | |
Fair Value | $ 314 | $ 304 | |||
Investment interest rate | 11% | 11% | |||
Investment, Identifier [Axis]: True Footage, Inc. 13 | |||||
Interest rate EOT | 7% | [15] | 7% | [10] | |
Outstanding Principal | $ 1,110 | $ 1,110 | |||
Cost | 1,153 | [2] | 1,134 | [4] | |
Fair Value | $ 1,157 | $ 1,119 | |||
Investment interest rate | 11% | [15] | 11% | [10] | |
Investment, Identifier [Axis]: True Footage, Inc. 14 | |||||
Interest rate EOT | 7% | [15] | 7% | [10] | |
Outstanding Principal | $ 991 | $ 991 | |||
Cost | 1,029 | [2] | 1,012 | [4] | |
Fair Value | $ 1,033 | $ 999 | |||
Investment interest rate | 11% | [15] | 11% | [10] | |
Investment, Identifier [Axis]: True Footage, Inc. 15 | |||||
Interest rate EOT | 8% | [15] | 8% | [10] | |
Outstanding Principal | $ 216 | $ 216 | |||
Cost | 225 | [2] | 221 | [4] | |
Fair Value | $ 226 | $ 218 | |||
Investment interest rate | 11% | [15] | 11% | [10] | |
Investment, Identifier [Axis]: True Footage, Inc. 16 | |||||
Interest rate EOT | 6% | [15] | 6% | [10] | |
Outstanding Principal | $ 200 | $ 200 | |||
Cost | 205 | [2] | 202 | [4] | |
Fair Value | $ 206 | $ 199 | |||
Investment interest rate | 11% | [15] | 11% | [10] | |
Investment, Identifier [Axis]: True Footage, Inc. 17 | |||||
Interest rate EOT | 7% | [15] | 7% | [10] | |
Outstanding Principal | $ 100 | $ 100 | |||
Cost | 103 | [2] | 101 | [4] | |
Fair Value | $ 103 | $ 100 | |||
Investment interest rate | 11% | [15] | 11% | [10] | |
Investment, Identifier [Axis]: True Footage, Inc. 18 | |||||
Interest rate EOT | 7% | [15] | 7% | [10] | |
Outstanding Principal | $ 150 | $ 150 | |||
Cost | 153 | [2] | 150 | [4] | |
Fair Value | $ 153 | $ 147 | |||
Investment interest rate | 11% | [15] | 11% | [10] | |
Investment, Identifier [Axis]: True Footage, Inc. 19 | |||||
Interest rate EOT | 7% | [15] | 7% | [10] | |
Outstanding Principal | $ 361 | $ 361 | |||
Cost | 367 | [2] | 362 | [4] | |
Fair Value | $ 370 | $ 355 | |||
Investment interest rate | 11% | [15] | 11% | [10] | |
Investment, Identifier [Axis]: True Footage, Inc. 2 | |||||
Interest rate EOT | 6% | 6% | |||
Outstanding Principal | $ 800 | $ 800 | |||
Cost | 834 | [2] | 822 | [4] | |
Fair Value | $ 836 | $ 813 | |||
Investment interest rate | 11% | 11% | |||
Investment, Identifier [Axis]: True Footage, Inc. 20 | |||||
Interest rate EOT | [10] | 6% | |||
Outstanding Principal | $ 565 | ||||
Cost | [4] | 565 | |||
Fair Value | $ 554 | ||||
Investment interest rate | [10] | 11% | |||
Investment, Identifier [Axis]: True Footage, Inc. 21 | |||||
Interest rate EOT | 6% | [15] | 6% | [10] | |
Outstanding Principal | $ 565 | $ 240 | |||
Cost | 572 | [2] | 238 | [4] | |
Fair Value | $ 576 | $ 232 | |||
Investment interest rate | 11% | [15] | 11% | [10] | |
Investment, Identifier [Axis]: True Footage, Inc. 22 | |||||
Interest rate EOT | 6% | [15] | 7% | [10] | |
Outstanding Principal | $ 240 | $ 434 | |||
Cost | 241 | [2] | 430 | [4] | |
Fair Value | $ 242 | $ 421 | |||
Investment interest rate | 11% | [15] | 11% | [10] | |
Investment, Identifier [Axis]: True Footage, Inc. 23 | |||||
Interest rate EOT | 7% | [15] | 8% | [10] | |
Outstanding Principal | $ 434 | $ 720 | |||
Cost | 436 | [2] | 715 | [4] | |
Fair Value | $ 440 | $ 699 | |||
Investment interest rate | 11% | [15] | 11% | [10] | |
Investment, Identifier [Axis]: True Footage, Inc. 24 | |||||
Interest rate EOT | [15] | 8% | |||
Outstanding Principal | $ 720 | ||||
Cost | [2] | 726 | |||
Fair Value | $ 732 | ||||
Investment interest rate | [15] | 11% | |||
Investment, Identifier [Axis]: True Footage, Inc. 3 | |||||
Interest rate EOT | 7% | 7% | |||
Outstanding Principal | $ 220 | $ 220 | |||
Cost | 231 | [2] | 227 | [4] | |
Fair Value | $ 232 | $ 225 | |||
Investment interest rate | 11% | 11% | |||
Investment, Identifier [Axis]: True Footage, Inc. 4 | |||||
Interest rate EOT | 8% | 8% | |||
Outstanding Principal | $ 105 | $ 105 | |||
Cost | 111 | [2] | 109 | [4] | |
Fair Value | $ 111 | $ 108 | |||
Investment interest rate | 11% | 11% | |||
Investment, Identifier [Axis]: True Footage, Inc. 5 | |||||
Interest rate EOT | 7% | 7% | |||
Outstanding Principal | $ 440 | $ 440 | |||
Cost | 462 | [2] | 455 | [4] | |
Fair Value | $ 463 | $ 450 | |||
Investment interest rate | 11% | 11% | |||
Investment, Identifier [Axis]: True Footage, Inc. 6 | |||||
Interest rate EOT | 7% | 7% | |||
Outstanding Principal | $ 208 | $ 208 | |||
Cost | 219 | [2] | 215 | [4] | |
Fair Value | $ 219 | $ 213 | |||
Investment interest rate | 11% | 11% | |||
Investment, Identifier [Axis]: True Footage, Inc. 7 | |||||
Interest rate EOT | 8% | 8% | |||
Outstanding Principal | $ 150 | $ 150 | |||
Cost | 159 | [2] | 156 | [4] | |
Fair Value | $ 159 | $ 154 | |||
Investment interest rate | 11% | 11% | |||
Investment, Identifier [Axis]: True Footage, Inc. 8 | |||||
Interest rate EOT | 6% | 6% | |||
Outstanding Principal | $ 1,372 | $ 1,372 | |||
Cost | 1,431 | [2] | 1,409 | [4] | |
Fair Value | $ 1,434 | $ 1,395 | |||
Investment interest rate | 11% | 11% | |||
Investment, Identifier [Axis]: True Footage, Inc. 9 | |||||
Interest rate EOT | 6% | 6% | |||
Outstanding Principal | $ 760 | $ 760 | |||
Cost | 793 | [2] | 780 | [4] | |
Fair Value | $ 794 | $ 772 | |||
Investment interest rate | 11% | 11% | |||
Investment, Identifier [Axis]: True Footage, Inc., Equity Investments | |||||
Cost | [2],[8] | $ 100 | |||
Fair Value | [8] | $ 122 | |||
Shares | [8] | 18,366 | |||
Investment, Identifier [Axis]: True Footage, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 122 | |||
Fair Value | [8],[12] | $ 287 | |||
Shares | [8],[12] | 88,762 | |||
Investment, Identifier [Axis]: Trueskin GmbH | |||||
Interest rate margin | 5.75% | [15],[16],[17] | 5.75% | [10],[13],[14] | |
Interest rate floor | 9% | [15],[16],[17] | 9% | [10],[13],[14] | |
Interest rate EOT | 8.25% | [15],[16],[17] | 8.25% | [10],[13],[14] | |
Outstanding Principal | $ 1,077 | [16],[17] | $ 1,077 | [13],[14] | |
Cost | 1,115 | [2],[16],[17] | 1,093 | [4],[13],[14] | |
Fair Value | 1,109 | [16],[17] | 1,120 | [13],[14] | |
Investment, Identifier [Axis]: Trueskin GmbH , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | 9 | |||
Fair Value | [5],[11],[13],[14] | $ 9 | |||
Shares | [5],[11],[13],[14] | 20 | |||
Investment, Identifier [Axis]: Trueskin GmbH, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | 9 | |||
Fair Value | [8],[12],[16],[17] | $ 9 | |||
Shares | [8],[12],[16],[17] | 20 | |||
Investment, Identifier [Axis]: Underground Enterprises, Inc. 1 | |||||
Interest rate margin | [10],[20] | 3% | |||
Interest rate floor | [10],[20] | 6.50% | |||
Interest rate EOT | [10],[20] | 1% | |||
Outstanding Principal | [20] | $ 372 | |||
Cost | [4],[20] | 371 | |||
Fair Value | [20] | $ 57 | |||
Investment, Identifier [Axis]: Underground Enterprises, Inc. 2 | |||||
Interest rate margin | [10],[20] | 3.75% | |||
Interest rate floor | [10],[20] | 7.25% | |||
Interest rate EOT | [10],[20] | 5.50% | |||
Outstanding Principal | [20] | $ 248 | |||
Cost | [4],[20] | 251 | |||
Fair Value | [20] | $ 38 | |||
Investment, Identifier [Axis]: Underground Enterprises, Inc. 3 | |||||
Interest rate margin | [10],[20] | 3.75% | |||
Interest rate floor | [10],[20] | 7.25% | |||
Interest rate EOT | [10],[20] | 5.50% | |||
Outstanding Principal | [20] | $ 371 | |||
Cost | [4],[20] | 374 | |||
Fair Value | [20] | 57 | |||
Investment, Identifier [Axis]: Uniphore Technologies, Inc. , Equity Investments | |||||
Cost | [4],[5] | 100 | |||
Fair Value | [5] | $ 82 | |||
Shares | [5] | 8,066 | |||
Investment, Identifier [Axis]: Uniphore Technologies, Inc. 1 | |||||
Interest rate EOT | 4% | ||||
Outstanding Principal | $ 1,028 | ||||
Cost | [4] | 1,095 | |||
Fair Value | $ 1,093 | ||||
Investment interest rate | 11% | ||||
Investment, Identifier [Axis]: Uniphore Technologies, Inc. 2 | |||||
Interest rate EOT | 4% | ||||
Outstanding Principal | $ 1,028 | ||||
Cost | [4] | 1,095 | |||
Fair Value | $ 1,093 | ||||
Investment interest rate | 11% | ||||
Investment, Identifier [Axis]: Uniphore Technologies, Inc., Equity Investments | |||||
Cost | [2],[8] | $ 100 | |||
Fair Value | [8] | $ 82 | |||
Shares | [8] | 8,066 | |||
Investment, Identifier [Axis]: Uniphore Technologies, Inc., Warrant Investments | |||||
Cost | $ 10 | [2],[8],[12] | $ 10 | [4],[5],[11] | |
Fair Value | $ 29 | [8],[12] | $ 29 | [5],[11] | |
Shares | 10,000 | [8],[12] | 10,000 | [5],[11] | |
Investment, Identifier [Axis]: Upgrade, Inc., Warrant Investments | |||||
Cost | $ 44 | [2],[8],[12] | $ 44 | [4],[5],[11] | |
Fair Value | $ 109 | [8],[12] | $ 108 | [5],[11] | |
Shares | 273,738 | [8],[12] | 273,738 | [5],[11] | |
Investment, Identifier [Axis]: Vecna Robotics, Inc. | |||||
Interest rate margin | [10] | 3.25% | |||
Interest rate floor | [10] | 10.75% | |||
Interest rate EOT | [10] | 9% | |||
Outstanding Principal | $ 4,500 | ||||
Cost | [4] | 4,376 | |||
Fair Value | 4,376 | ||||
Investment, Identifier [Axis]: Vecna Robotics, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 308 | |||
Fair Value | [5],[11] | $ 166 | |||
Shares | [5],[11] | 51,590 | |||
Investment, Identifier [Axis]: Vecna Robotics, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 308 | |||
Fair Value | [8],[12] | $ 70 | |||
Shares | [8],[12] | 51,590 | |||
Investment, Identifier [Axis]: Vestwell Holding Inc, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 54 | |||
Fair Value | [8],[12] | $ 30 | |||
Shares | [8],[12] | 36,715 | |||
Investment, Identifier [Axis]: Vestwell Holdings Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 54 | |||
Fair Value | [5],[11] | $ 30 | |||
Shares | [5],[11] | 36,715 | |||
Investment, Identifier [Axis]: Virtual Facility, Inc. | |||||
Interest rate margin | [10] | 2.50% | |||
Interest rate floor | [10] | 10.50% | |||
Interest rate EOT | [10] | 8.50% | |||
Outstanding Principal | $ 1,000 | ||||
Cost | [4] | 976 | |||
Fair Value | 976 | ||||
Investment, Identifier [Axis]: Virtual Facility, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 16 | |||
Fair Value | [5],[11] | $ 16 | |||
Shares | [5],[11] | 54,775 | |||
Investment, Identifier [Axis]: Virtual Facility, Inc., Growth Capital Loan | |||||
Interest rate margin | [15] | 2.50% | |||
Interest rate floor | [15] | 10.50% | |||
Interest rate EOT | [15] | 8.50% | |||
Outstanding Principal | $ 1,000 | ||||
Cost | [2] | 992 | |||
Fair Value | 992 | ||||
Investment, Identifier [Axis]: Virtual Facility, Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 16 | |||
Fair Value | [8],[12] | $ 16 | |||
Shares | [8],[12] | 54,775 | |||
Investment, Identifier [Axis]: Well Dot, Inc. | |||||
Cost | [2],[8] | $ 250 | |||
Fair Value | [8] | $ 322 | |||
Shares | [8] | 26,416 | |||
Investment, Identifier [Axis]: Well Dot, Inc. , Equity Investments | |||||
Cost | [4],[5] | $ 250 | |||
Fair Value | [5] | $ 322 | |||
Shares | [5] | 26,416 | |||
Investment, Identifier [Axis]: Well Dot, Inc. 1 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 55 | |||
Fair Value | [5],[11] | $ 67 | |||
Shares | [5],[11] | 12,680 | |||
Investment, Identifier [Axis]: Well Dot, Inc. 1, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 55 | |||
Fair Value | [8],[12] | $ 67 | |||
Shares | [8],[12] | 12,680 | |||
Investment, Identifier [Axis]: Well Dot, Inc. 2 , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 9 | |||
Fair Value | [5],[11] | $ 9 | |||
Shares | [5],[11] | 2,026 | |||
Investment, Identifier [Axis]: Well Dot, Inc. 2, Warrant Investments | |||||
Cost | [2],[8],[12] | $ 9 | |||
Fair Value | [8],[12] | $ 9 | |||
Shares | [8],[12] | 2,026 | |||
Investment, Identifier [Axis]: Wisetack, Inc. | |||||
Interest rate margin | 4.75% | [17] | 4.75% | [14] | |
Interest rate floor | 10.25% | [17] | 10.25% | [14] | |
Interest rate EOT | 6.75% | [17] | 6.75% | [14] | |
Outstanding Principal | $ 5,000 | [17] | $ 5,000 | [14] | |
Cost | 5,030 | [2],[17] | 4,960 | [4],[14] | |
Fair Value | 5,030 | [17] | 4,960 | [14] | |
Investment, Identifier [Axis]: Wisetack, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11],[14] | 84 | |||
Fair Value | [5],[11],[14] | $ 57 | |||
Shares | [5],[11],[14] | 23,086 | |||
Investment, Identifier [Axis]: Wisetack, Inc., Warrant Investments | |||||
Cost | [2],[8],[12],[17] | 84 | |||
Fair Value | [8],[12],[17] | $ 36 | |||
Shares | [8],[12],[17] | 23,086 | |||
Investment, Identifier [Axis]: Wispr AI, Inc. , Warrant Investments | |||||
Cost | [4],[5],[11],[18] | $ 0 | |||
Fair Value | [5],[11],[18] | $ 0 | |||
Shares | [5],[11],[18] | 0 | |||
Investment, Identifier [Axis]: Wispr AI, Inc., Warrant Investments | |||||
Cost | [2],[8],[12],[21] | $ 0 | |||
Fair Value | [8],[12],[21] | $ 0 | |||
Shares | [8],[12],[21] | 0 | |||
Investment, Identifier [Axis]: WorkStep Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | $ 12 | |||
Fair Value | [8],[12] | $ 31 | |||
Shares | [8],[12] | 17,244 | |||
Investment, Identifier [Axis]: WorkStep Inc., Warrant Investments , Warrant Investments | |||||
Cost | [4],[5],[11] | $ 12 | |||
Fair Value | [5],[11] | $ 31 | |||
Shares | [5],[11] | 17,244 | |||
Investment, Identifier [Axis]: Worldwide Freight Logistics Limited 1 | |||||
Interest rate margin | [10],[13],[14] | 6.75% | |||
Interest rate floor | [10],[13],[14] | 10% | |||
Interest rate EOT | [10],[13],[14] | 6% | |||
Outstanding Principal | [13],[14] | $ 377 | |||
Cost | [4],[13],[14] | 386 | |||
Fair Value | [13],[14] | 407 | |||
Investment, Identifier [Axis]: Worldwide Freight Logistics Limited 1 , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | 25 | |||
Fair Value | [5],[11],[13],[14] | $ 27 | |||
Shares | [5],[11],[13],[14] | 1,502 | |||
Investment, Identifier [Axis]: Worldwide Freight Logistics Limited 1, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 25 | |||
Fair Value | [8],[12],[16],[17] | $ 26 | |||
Shares | [8],[12],[16],[17] | 1,502 | |||
Investment, Identifier [Axis]: Worldwide Freight Logistics Limited 2 | |||||
Interest rate margin | [10],[13],[14] | 4.75% | |||
Interest rate floor | [10],[13],[14] | 8% | |||
Interest rate EOT | [10],[13],[14] | 3% | |||
Outstanding Principal | [13],[14] | $ 482 | |||
Cost | [4],[13],[14] | 485 | |||
Fair Value | [13],[14] | 513 | |||
Investment, Identifier [Axis]: Worldwide Freight Logistics Limited 2 , Warrant Investments | |||||
Cost | [4],[5],[11],[13],[14] | 9 | |||
Fair Value | [5],[11],[13],[14] | $ 10 | |||
Shares | [5],[11],[13],[14] | 542 | |||
Investment, Identifier [Axis]: Worldwide Freight Logistics Limited 2, Warrant Investments | |||||
Cost | [2],[8],[12],[16],[17] | $ 9 | |||
Fair Value | [8],[12],[16],[17] | $ 10 | |||
Shares | [8],[12],[16],[17] | 542 | |||
Investment, Identifier [Axis]: Worldwide Freight Logistics Limited 3 | |||||
Interest rate margin | [10],[13],[14] | 6.75% | |||
Interest rate floor | [10],[13],[14] | 10% | |||
Interest rate EOT | [10],[13],[14] | 6% | |||
Outstanding Principal | [13],[14] | $ 244 | |||
Cost | [4],[13],[14] | 245 | |||
Fair Value | [13],[14] | 256 | |||
Investment, Identifier [Axis]: Worldwide Freight Logistics Limited, 1 | |||||
Interest rate margin | [15],[16],[17] | 6.75% | |||
Interest rate floor | [15],[16],[17] | 10% | |||
Interest rate EOT | [15],[16],[17] | 6% | |||
Outstanding Principal | [16],[17] | $ 260 | |||
Cost | [2],[16],[17] | 279 | |||
Fair Value | [16],[17] | $ 291 | |||
Investment, Identifier [Axis]: Worldwide Freight Logistics Limited, 2 | |||||
Interest rate margin | [15],[16],[17] | 4.75% | |||
Interest rate floor | [15],[16],[17] | 8% | |||
Interest rate EOT | [15],[16],[17] | 3% | |||
Outstanding Principal | [16],[17] | $ 633 | |||
Cost | [2],[16],[17] | 641 | |||
Fair Value | [16],[17] | $ 666 | |||
Investment, Identifier [Axis]: Worldwide Freight Logistics Limited, 3 | |||||
Interest rate margin | [15],[16],[17] | 6.75% | |||
Interest rate floor | [15],[16],[17] | 10% | |||
Interest rate EOT | [15],[16],[17] | 6% | |||
Outstanding Principal | [16],[17] | $ 244 | |||
Cost | [2],[16],[17] | 248 | |||
Fair Value | [16],[17] | 257 | |||
Investment, Identifier [Axis]: Zolve Innovations Inc. , Warrant Investments | |||||
Cost | [4],[5],[11] | 9 | |||
Fair Value | [5],[11] | $ 9 | |||
Shares | [5],[11] | 3,172 | |||
Investment, Identifier [Axis]: Zolve Innovations Inc., Warrant Investments | |||||
Cost | [2],[8],[12] | 9 | |||
Fair Value | [8],[12] | $ 9 | |||
Shares | [8],[12] | 3,172 | |||
Debt Investments | |||||
Outstanding Principal | $ 365,302 | $ 382,144 | |||
Cost | 365,703 | [2] | 383,570 | [4] | |
Fair Value | $ 353,000 | $ 375,025 | |||
Percentage of net assets | 122.65% | [9] | 129.08% | [7] | |
Warrant Investments | |||||
Cost | $ 14,977 | [2] | $ 13,419 | [4] | |
Fair Value | $ 18,378 | $ 16,915 | |||
Percentage of net assets | 6.39% | [8],[9],[12] | 5.82% | [5],[7],[11] | |
Equity Investments | |||||
Cost | $ 12,023 | [2],[8] | $ 9,444 | [4],[5] | |
Fair Value | $ 10,828 | [8] | $ 8,255 | [5] | |
Percentage of net assets | 3.76% | [8],[9] | 2.84% | [5],[7] | |
Cash Equivalents | |||||
Cost | $ 38,539 | $ 45,013 | |||
Fair Value | $ 38,539 | $ 45,013 | |||
Percentage of net assets | 13.39% | [9] | 15.49% | [7] | |
Aerospace and Defense | Debt Investments | |||||
Outstanding Principal | $ 3,000 | $ 3,476 | |||
Cost | 2,948 | [2] | 3,652 | [4] | |
Fair Value | $ 2,948 | $ 3,652 | |||
Percentage of net assets | 1.02% | [9] | 1.26% | [7] | |
Aerospace and Defense | Debt Investments | Flo Health UK Limited | |||||
Outstanding Principal | $ 2,000 | ||||
Cost | [4] | 1,981 | |||
Fair Value | 1,981 | ||||
Aerospace and Defense | Debt Investments | FlashParking, Inc. | |||||
Outstanding Principal | 11,556 | ||||
Cost | [4] | 12,038 | |||
Fair Value | 12,063 | ||||
Aerospace and Defense | Debt Investments | Tide Platform Limited | |||||
Outstanding Principal | 3,631 | ||||
Cost | [4] | 3,958 | |||
Fair Value | 3,671 | ||||
Aerospace and Defense | Debt Investments | Cardless Inc. | |||||
Outstanding Principal | 5,399 | ||||
Cost | [4] | 5,628 | |||
Fair Value | 5,628 | ||||
Aerospace and Defense | Debt Investments | Uniphore Technologies, Inc. | |||||
Outstanding Principal | 2,056 | ||||
Cost | [4] | 2,190 | |||
Fair Value | 2,186 | ||||
Aerospace and Defense | Debt Investments | Loft Orbital Solutions, Inc. | |||||
Outstanding Principal | 3,000 | ||||
Cost | [4] | 2,915 | |||
Fair Value | 2,915 | ||||
Aerospace and Defense | Debt Investments | Blueboard Inc. | |||||
Outstanding Principal | 4,000 | ||||
Cost | [4] | 4,024 | |||
Fair Value | 4,024 | ||||
Aerospace and Defense | Warrant Investments | |||||
Cost | $ 311 | [2],[8],[12] | 311 | [4],[5],[11] | |
Fair Value | $ 950 | [8],[12] | $ 871 | [5],[11] | |
Percentage of net assets | 0.33% | [8],[9],[12] | 0.30% | [5],[7],[11] | |
Application Software | Debt Investments | |||||
Outstanding Principal | $ 7,000 | $ 5,333 | |||
Cost | 6,936 | [2] | 5,253 | [4] | |
Fair Value | $ 6,814 | $ 5,253 | |||
Percentage of net assets | 2.37% | [9] | 1.81% | [7] | |
Application Software | Debt Investments | Flo Health UK Limited | |||||
Outstanding Principal | $ 2,000 | ||||
Cost | [2] | 1,986 | |||
Fair Value | 1,994 | ||||
Application Software | Debt Investments | Parsable, Inc. | |||||
Outstanding Principal | 5,000 | ||||
Cost | [2] | 4,950 | |||
Fair Value | 4,820 | ||||
Application Software | Warrant Investments | |||||
Cost | 71 | [2],[8],[12] | $ 71 | [4],[5],[11] | |
Fair Value | $ 43 | [8],[12] | $ 37 | [5],[11] | |
Percentage of net assets | 0.01% | [8],[9],[12] | 0.01% | [5],[7],[11] | |
Business Applications Software | Debt Investments | |||||
Outstanding Principal | $ 19,726 | $ 28,243 | |||
Cost | 20,152 | [2] | 29,308 | [4] | |
Fair Value | $ 19,640 | $ 28,817 | |||
Percentage of net assets | 6.82% | [9] | 9.92% | [7] | |
Business Applications Software | Debt Investments | Tide Platform Limited | |||||
Outstanding Principal | [16],[17] | $ 2,723 | |||
Cost | [2],[16],[17] | 3,091 | |||
Fair Value | [16],[17] | 2,834 | |||
Business Applications Software | Warrant Investments | |||||
Cost | 809 | [2],[8],[12] | $ 781 | [4],[5],[11] | |
Fair Value | $ 1,399 | [8],[12] | $ 1,093 | [5],[11] | |
Percentage of net assets | 0.49% | [8],[9],[12] | 0.38% | [5],[7],[11] | |
Business Applications Software | Warrant Investments | FlashParking, Inc. | |||||
Cost | $ 520 | [2],[8],[12] | $ 450 | [4],[5],[11] | |
Fair Value | 800 | [8],[12] | 720 | [5],[11] | |
Business Applications Software | Equity Investments | |||||
Cost | 1,101 | [2],[8] | 1,100 | [4],[5] | |
Fair Value | $ 1,086 | [8] | $ 1,000 | [5] | |
Percentage of net assets | 0.38% | [8],[9] | 0.34% | [5],[7] | |
Business Products and Services | Debt Investments | |||||
Outstanding Principal | $ 28,507 | $ 32,730 | |||
Cost | 28,968 | [2] | 33,346 | [4] | |
Fair Value | $ 26,063 | $ 31,794 | |||
Percentage of net assets | 9.06% | [9] | 10.94% | [7] | |
Business Products and Services | Debt Investments | Cardless Inc. | |||||
Outstanding Principal | $ 4,761 | ||||
Cost | [2] | 5,029 | |||
Fair Value | 5,029 | ||||
Business Products and Services | Debt Investments | Path Robotics, Inc. | |||||
Outstanding Principal | 5,394 | $ 6,581 | |||
Cost | 5,718 | [2] | 6,773 | [4] | |
Fair Value | 5,718 | 6,773 | |||
Business Products and Services | Debt Investments | Quick Commerce Ltd. | |||||
Outstanding Principal | 915 | 1,750 | |||
Cost | 745 | [2] | 1,765 | [4] | |
Fair Value | 724 | 1,682 | |||
Business Products and Services | Debt Investments | Rally Network, Inc. | |||||
Outstanding Principal | 2,497 | 2,489 | |||
Cost | 2,544 | [2] | 2,536 | [4] | |
Fair Value | 596 | 943 | |||
Business Products and Services | Debt Investments | Worldwide Freight Logistics Limited | |||||
Outstanding Principal | 1,137 | [16],[17] | 1,103 | ||
Cost | 1,168 | [2],[16],[17] | 1,116 | [4] | |
Fair Value | 1,214 | [16],[17] | 1,176 | ||
Business Products and Services | Warrant Investments | |||||
Cost | 1,527 | [2],[8],[12] | 1,553 | [4],[5],[11] | |
Fair Value | $ 902 | [8],[12] | $ 1,159 | [5],[11] | |
Percentage of net assets | 0.31% | [8],[9],[12] | 0.40% | [5],[7],[11] | |
Business Products and Services | Warrant Investments | Worldwide Freight Logistics Limited | |||||
Cost | $ 34 | [2],[8],[12] | $ 34 | [4],[5],[11] | |
Fair Value | 36 | [8],[12] | 37 | [5],[11] | |
Business Products and Services | Warrant Investments | Cart.com, Inc. | |||||
Cost | 125 | [2],[8],[12] | 125 | [4],[5],[11] | |
Fair Value | 170 | [8],[12] | 170 | [5],[11] | |
Business Products and Services | Warrant Investments | Certamen Ventures Inc. | |||||
Cost | 332 | [2],[8],[12] | 332 | [4],[5],[11] | |
Fair Value | 371 | [8],[12] | 290 | [5],[11] | |
Business Products and Services | Warrant Investments | Phantom Auto Inc. | |||||
Cost | 374 | [2],[8],[12] | 374 | [4],[5],[11] | |
Fair Value | 0 | [8],[12] | 244 | [5],[11] | |
Business Products and Services | Equity Investments | |||||
Cost | 1,787 | [2],[8] | 1,150 | [4],[5] | |
Fair Value | $ 1,305 | [8] | $ 556 | [5] | |
Percentage of net assets | 0.45% | [8],[9] | 0.19% | [5],[7] | |
Business Products and Services | Equity Investments | Quick Commerce Ltd. | |||||
Cost | [2],[8] | $ 637 | |||
Fair Value | [8] | 727 | |||
Business Products and Services | Equity Investments | MXP Prime Platform GmbH | |||||
Cost | 595 | [2],[8] | $ 595 | [4],[5] | |
Fair Value | 93 | [8] | 95 | [5] | |
Business/Productivity Software | Debt Investments | |||||
Outstanding Principal | 33,328 | 30,263 | |||
Cost | 33,486 | [2] | 30,110 | [4] | |
Fair Value | $ 33,296 | $ 30,139 | |||
Percentage of net assets | 11.57% | [9] | 10.37% | [7] | |
Business/Productivity Software | Debt Investments | Idelic Inc. | |||||
Outstanding Principal | $ 6,800 | $ 6,800 | |||
Cost | 6,936 | [2] | 6,855 | [4] | |
Fair Value | 6,936 | 6,855 | |||
Business/Productivity Software | Debt Investments | OnSiteIQ, Inc. | |||||
Outstanding Principal | 2,750 | ||||
Cost | [2] | 2,789 | |||
Fair Value | 2,789 | ||||
Business/Productivity Software | Debt Investments | FireHydrant, Inc. | |||||
Outstanding Principal | 8,000 | 6,800 | |||
Cost | 8,028 | [2] | 6,741 | [4] | |
Fair Value | 7,835 | 6,741 | |||
Business/Productivity Software | Warrant Investments | |||||
Cost | 549 | [2],[8],[12] | 457 | [4],[5],[11] | |
Fair Value | $ 557 | [8],[12] | $ 434 | [5],[11] | |
Percentage of net assets | 0.19% | [8],[9],[12] | 0.15% | [5],[7],[11] | |
Business/Productivity Software | Warrant Investments | Idelic Inc. | |||||
Cost | $ 59 | [2],[8],[12] | $ 59 | [4],[5],[11] | |
Fair Value | 12 | [8],[12] | 24 | [5],[11] | |
Business/Productivity Software | Warrant Investments | Construction Finance Corporation | |||||
Cost | 62 | [2],[8],[12] | 54 | [4],[5],[11] | |
Fair Value | 87 | [8],[12] | 54 | [5],[11] | |
Business/Productivity Software | Warrant Investments | Manufactured Networks, Inc. | |||||
Cost | 114 | [2],[8],[12] | 114 | [4],[5],[11] | |
Fair Value | 63 | [8],[12] | 63 | [5],[11] | |
Business/Productivity Software | Equity Investments | |||||
Cost | [2],[8] | 830 | |||
Fair Value | [8] | $ 830 | |||
Percentage of net assets | [8],[9] | 0.29% | |||
Computer Hardware | Debt Investments | |||||
Outstanding Principal | $ 8,916 | 8,298 | |||
Cost | 8,886 | [2] | 8,178 | [4] | |
Fair Value | $ 8,712 | $ 7,941 | |||
Percentage of net assets | 3.03% | [9] | 2.73% | [7] | |
Computer Hardware | Debt Investments | Canvas Construction Inc. | |||||
Outstanding Principal | $ 7,512 | $ 6,888 | |||
Cost | 7,466 | [2] | 6,771 | [4] | |
Fair Value | 7,292 | 6,534 | |||
Computer Hardware | Debt Investments | Quantum Circuits, Inc. | |||||
Outstanding Principal | 1,404 | 1,410 | |||
Cost | 1,420 | [2] | 1,407 | [4] | |
Fair Value | 1,420 | 1,407 | |||
Computer Hardware | Warrant Investments | |||||
Cost | 250 | [2],[8],[12] | 250 | [4],[5],[11] | |
Fair Value | $ 211 | [8],[12] | $ 202 | [5],[11] | |
Percentage of net assets | 0.07% | [8],[9],[12] | 0.07% | [5],[7],[11] | |
Computer Hardware | Equity Investments | |||||
Cost | [2],[8] | $ 50 | |||
Fair Value | [8] | $ 50 | |||
Percentage of net assets | 0.02% | ||||
Consumer Finance | Debt Investments | |||||
Outstanding Principal | $ 0 | ||||
Cost | [4] | 0 | |||
Fair Value | $ 0 | ||||
Percentage of net assets | [7] | 0% | |||
Consumer Finance | Warrant Investments | |||||
Cost | $ 534 | [2],[8],[12] | $ 576 | [4],[5],[11] | |
Fair Value | $ 1,042 | [8],[12] | $ 1,605 | [5],[11] | |
Percentage of net assets | 0.36% | [8],[9],[12] | 0.55% | [5],[7],[11] | |
Consumer Finance | Warrant Investments | Activehours, Inc. | |||||
Cost | $ 241 | [2],[8],[12] | $ 225 | [4],[5],[11] | |
Fair Value | 471 | [8],[12] | 455 | [5],[11] | |
Consumer Finance | Warrant Investments | The Aligned Company | |||||
Cost | [4],[5],[11] | 58 | |||
Fair Value | [5],[11] | 580 | |||
Consumer Finance | Equity Investments | |||||
Cost | 100 | [2],[8] | 100 | [4],[5] | |
Fair Value | $ 151 | [8] | $ 151 | [5] | |
Percentage of net assets | 0.05% | [8],[9] | 0.05% | [5],[7] | |
Consumer Non-Durables | |||||
Percentage of net assets | [9] | 3.01% | |||
Consumer Non-Durables | Debt Investments | |||||
Outstanding Principal | $ 8,773 | $ 3,995 | |||
Cost | 8,665 | [2] | 4,086 | [4] | |
Fair Value | 8,659 | $ 3,269 | |||
Percentage of net assets | [7] | 1.13% | |||
Consumer Non-Durables | Debt Investments | Don't Run Out, Inc. | |||||
Outstanding Principal | 1,696 | $ 1,927 | |||
Cost | 1,806 | [2] | 1,997 | [4] | |
Fair Value | 1,806 | 1,997 | |||
Consumer Non-Durables | Debt Investments | Underground Enterprises, Inc. | |||||
Outstanding Principal | 991 | ||||
Cost | [4] | 996 | |||
Fair Value | 152 | ||||
Consumer Non-Durables | Warrant Investments | |||||
Cost | 354 | [2],[8],[12] | 198 | [4],[5],[11] | |
Fair Value | $ 505 | [8],[12] | $ 181 | [5],[11] | |
Percentage of net assets | 0.18% | [8],[9],[12] | 0.06% | [5],[7],[11] | |
Consumer Non-Durables | Warrant Investments | Don't Run Out, Inc. | |||||
Cost | $ 30 | [2],[8],[12] | $ 30 | [4],[5],[11] | |
Fair Value | 13 | [8],[12] | 13 | [5],[11] | |
Consumer Products and Services | Debt Investments | |||||
Outstanding Principal | 83,562 | 58,277 | |||
Cost | 82,686 | [2] | 57,763 | [4] | |
Fair Value | $ 76,471 | $ 55,139 | |||
Percentage of net assets | 26.57% | [9] | 18.98% | [7] | |
Consumer Products and Services | Debt Investments | Baby Generation, Inc. | |||||
Outstanding Principal | $ 1,875 | $ 1,875 | |||
Cost | 1,961 | [2] | 1,924 | [4] | |
Fair Value | 1,961 | 1,932 | |||
Consumer Products and Services | Debt Investments | Bloom and Wild Midco 2 Limited | |||||
Outstanding Principal | 5,243 | 5,674 | |||
Cost | 5,282 | [2] | 5,680 | [4] | |
Fair Value | 5,908 | 6,355 | |||
Consumer Products and Services | Debt Investments | Dance GmbH | |||||
Outstanding Principal | 1,589 | 1,589 | |||
Cost | 1,559 | [2] | 1,559 | [4] | |
Fair Value | 988 | 854 | |||
Consumer Products and Services | Debt Investments | Ephemeral Solutions, Inc. | |||||
Outstanding Principal | 1,087 | 995 | |||
Cost | 1,082 | [2] | 993 | [4] | |
Fair Value | 468 | 333 | |||
Consumer Products and Services | Debt Investments | Ever/Body, Inc. | |||||
Outstanding Principal | 13,354 | 7,352 | |||
Cost | 13,550 | [2] | 7,455 | [4] | |
Fair Value | 13,550 | 7,373 | |||
Consumer Products and Services | Debt Investments | FitOn, Inc. | |||||
Outstanding Principal | 5,500 | ||||
Cost | [2] | 5,382 | |||
Fair Value | 5,382 | ||||
Consumer Products and Services | Debt Investments | Flink SE | |||||
Outstanding Principal | 2,500 | [16],[17] | 2,500 | ||
Cost | 2,583 | [2],[16],[17] | 2,537 | [4] | |
Fair Value | 1,818 | [16],[17] | 2,011 | ||
Consumer Products and Services | Debt Investments | Foodology Inc. | |||||
Outstanding Principal | 671 | [16],[17] | 819 | ||
Cost | 699 | [2],[16],[17] | 833 | [4] | |
Fair Value | 699 | [16],[17] | 833 | ||
Consumer Products and Services | Debt Investments | Good Eggs, Inc. | |||||
Outstanding Principal | 6,384 | 6,532 | |||
Cost | 6,660 | [2] | 6,757 | [4] | |
Fair Value | 3,402 | 6,609 | |||
Consumer Products and Services | Debt Investments | Hydrow, Inc. | |||||
Outstanding Principal | 15,000 | 15,000 | |||
Cost | 16,124 | [2] | 15,845 | [4] | |
Fair Value | 15,818 | 15,327 | |||
Consumer Products and Services | Debt Investments | JOKR S.à r.l. | |||||
Outstanding Principal | 6,797 | 7,069 | |||
Cost | 6,926 | [2],[16] | 7,138 | [4] | |
Fair Value | 6,690 | 7,021 | |||
Consumer Products and Services | Debt Investments | MA Micro Limited | |||||
Outstanding Principal | 3,887 | 3,887 | |||
Cost | 2,136 | [2] | 2,136 | [4] | |
Fair Value | 2,074 | 2,136 | |||
Consumer Products and Services | Debt Investments | Nakdcom One World AB | |||||
Outstanding Principal | 951 | 874 | |||
Cost | 866 | [2],[16],[17] | 763 | [4] | |
Fair Value | 828 | 736 | |||
Consumer Products and Services | Debt Investments | Planet A Foods GmbH | |||||
Outstanding Principal | 967 | 967 | |||
Cost | 975 | [2] | 955 | [4] | |
Fair Value | 975 | 955 | |||
Consumer Products and Services | Debt Investments | Placemakr, Inc. | |||||
Outstanding Principal | 5,000 | ||||
Cost | [2] | 4,845 | |||
Fair Value | 4,845 | ||||
Consumer Products and Services | Debt Investments | Roadsurfer GmbH | |||||
Outstanding Principal | 7,522 | ||||
Cost | [2] | 6,791 | |||
Fair Value | 6,771 | ||||
Consumer Products and Services | Warrant Investments | |||||
Cost | 2,781 | [2],[8],[12] | 1,831 | [4],[5],[11] | |
Fair Value | $ 2,159 | [8],[12] | $ 1,158 | [5],[11] | |
Percentage of net assets | 0.75% | [8],[9],[12] | 0.40% | [5],[7],[11] | |
Consumer Products and Services | Warrant Investments | Dance GmbH | |||||
Cost | $ 66 | [2],[8],[12] | $ 58 | [4],[5],[11] | |
Fair Value | 0 | [8],[12] | 19 | [5],[11] | |
Consumer Products and Services | Warrant Investments | Ephemeral Solutions, Inc. | |||||
Cost | [2],[8],[12] | 13 | |||
Fair Value | [8],[12] | 1 | |||
Consumer Products and Services | Warrant Investments | FitOn, Inc. | |||||
Cost | [2],[8],[12] | 81 | |||
Fair Value | [8],[12] | 81 | |||
Consumer Products and Services | Warrant Investments | Hydrow, Inc. | |||||
Cost | 130 | [2],[8],[12] | 130 | [4],[5],[11] | |
Fair Value | 0 | [8],[12] | 0 | [5],[11] | |
Consumer Products and Services | Warrant Investments | JOKR S.à r.l. | |||||
Cost | [2],[8],[12] | 634 | |||
Fair Value | [8],[12] | 336 | |||
Consumer Products and Services | Warrant Investments | Nakdcom One World AB | |||||
Cost | 125 | [2],[8],[12] | 125 | [4],[5],[11] | |
Fair Value | 107 | [8],[12] | 110 | [5],[11] | |
Consumer Products and Services | Warrant Investments | Well Dot, Inc. | |||||
Cost | 64 | [2],[8],[12] | 64 | [4],[5],[11] | |
Fair Value | 76 | [8],[12] | 76 | [5],[11] | |
Consumer Products and Services | Equity Investments | |||||
Cost | 2,293 | [2],[8] | 1,793 | [4],[5] | |
Fair Value | $ 1,711 | [8] | $ 1,313 | [5] | |
Percentage of net assets | 0.59% | [8],[9] | 0.45% | [5],[7] | |
Consumer Products and Services | Equity Investments | Hydrow, Inc. | |||||
Cost | $ 331 | [2],[8] | $ 331 | [4],[5] | |
Fair Value | 12 | [8] | 12 | [5] | |
Consumer Products and Services | Equity Investments | JOKR S.à r.l. | |||||
Cost | 450 | [2],[8] | 450 | [4],[5] | |
Fair Value | 322 | [8] | 423 | [5] | |
Consumer Products and Services | Equity Investments | Divvy Homes Inc. | |||||
Cost | 100 | [2],[8] | 100 | [4],[5] | |
Fair Value | 100 | [8] | 100 | [5] | |
Cultivation | Debt Investments | |||||
Outstanding Principal | 4,272 | 4,251 | |||
Cost | 1,363 | [2] | 1,345 | [4] | |
Fair Value | $ 1,308 | $ 1,317 | |||
Percentage of net assets | 0.45% | [9] | 0.45% | [7] | |
Cultivation | Equity Investments | |||||
Cost | $ 0 | [2],[8] | $ 0 | [4],[5] | |
Fair Value | $ 0 | [8] | $ 0 | [5] | |
Percentage of net assets | 0% | [8],[9] | 0% | ||
E-Commerce - Clothing and Accessories | Debt Investments | |||||
Outstanding Principal | $ 27,499 | $ 34,624 | |||
Cost | 27,941 | [2] | 35,268 | [4] | |
Fair Value | $ 27,882 | $ 34,693 | |||
Percentage of net assets | 9.69% | [9] | 11.94% | [7] | |
E-Commerce - Clothing and Accessories | Debt Investments | TFG Holding, Inc. | |||||
Outstanding Principal | $ 8,374 | ||||
Cost | [4] | 8,720 | |||
Fair Value | 8,145 | ||||
E-Commerce - Clothing and Accessories | Debt Investments | Trendly, Inc. | |||||
Outstanding Principal | $ 7,500 | 7,500 | |||
Cost | 7,975 | [2] | 7,842 | [4] | |
Fair Value | 7,940 | 7,842 | |||
E-Commerce - Clothing and Accessories | Warrant Investments | |||||
Cost | 826 | [2],[8],[12] | 1,101 | [4],[5],[11] | |
Fair Value | $ 579 | [8],[12] | $ 756 | [5],[11] | |
Percentage of net assets | 0.20% | [8],[9],[12] | 0.26% | [5],[7],[11] | |
E-Commerce - Clothing and Accessories | Warrant Investments | TFG Holding, Inc. | |||||
Cost | [4],[5],[11] | $ 275 | |||
Fair Value | [5],[11] | 0 | |||
E-Commerce - Clothing and Accessories | Warrant Investments | FabFitFun, Inc. | |||||
Cost | $ 411 | [2],[8],[12] | 411 | [4],[5],[11] | |
Fair Value | 237 | [8],[12] | 308 | [5],[11] | |
Financial Software | Debt Investments | |||||
Outstanding Principal | 5,469 | 5,780 | |||
Cost | 5,543 | [2] | 5,771 | [4] | |
Fair Value | $ 5,543 | $ 5,771 | |||
Percentage of net assets | 1.93% | [9] | 1.99% | [7] | |
Financial Software | Debt Investments | Parker Group Inc. | |||||
Outstanding Principal | $ 469 | $ 780 | |||
Cost | 513 | [2] | 811 | [4] | |
Fair Value | 513 | 811 | |||
Financial Software | Warrant Investments | |||||
Cost | 102 | [2],[8],[12] | 102 | [4],[5],[11] | |
Fair Value | $ 50 | [8],[12] | $ 75 | [5],[11] | |
Percentage of net assets | 0.02% | [8],[9],[12] | 3% | [5],[7],[11] | |
Entertainment Software | Debt Investments | |||||
Outstanding Principal | $ 3,995 | $ 3,976 | |||
Cost | 4,045 | [2] | 4,007 | [4] | |
Fair Value | $ 4,039 | $ 3,982 | |||
Percentage of net assets | 1.40% | [9] | 1.37% | [7] | |
Entertainment Software | Debt Investments | Encore Music Technologies, Inc. | |||||
Outstanding Principal | $ 1,125 | $ 1,125 | |||
Cost | 1,127 | [2] | 1,127 | [4] | |
Fair Value | 1,121 | 1,110 | |||
Entertainment Software | Warrant Investments | |||||
Cost | 110 | [2],[8],[12] | 76 | [4],[5],[11] | |
Fair Value | $ 57 | [8],[12] | $ 62 | [5],[11] | |
Percentage of net assets | 0.02% | [8],[9],[12] | 2% | [5],[7],[11] | |
Entertainment Software | Warrant Investments | Encore Music Technologies, Inc. | |||||
Cost | $ 17 | [2],[8],[12] | $ 16 | [4],[5],[11] | |
Fair Value | 1 | [8],[12] | 0 | [5],[11] | |
Entertainment Software | Warrant Investments | FRVR Limited | |||||
Cost | [2],[8],[12] | 93 | |||
Fair Value | [8],[12] | 56 | |||
Environmental Services | Debt Investments | |||||
Outstanding Principal | 1,430 | ||||
Cost | [2] | 1,406 | |||
Fair Value | $ 1,406 | ||||
Percentage of net assets | [9] | 0.49% | |||
Environmental Services | Warrant Investments | |||||
Cost | [2],[8],[12] | $ 63 | |||
Fair Value | [8],[12] | $ 63 | |||
Percentage of net assets | [8],[9],[12] | 0.02% | |||
Energy | Debt Investments | |||||
Outstanding Principal | $ 6,319 | 12,610 | |||
Cost | 6,281 | [2] | 12,861 | [4] | |
Fair Value | $ 6,281 | $ 12,649 | |||
Percentage of net assets | 2.18% | [9] | 4.35% | [7] | |
Energy | Warrant Investments | |||||
Cost | $ 231 | [2],[8],[12] | $ 231 | [4],[5],[11] | |
Fair Value | $ 1,143 | [8],[12] | $ 1,220 | [5],[11] | |
Percentage of net assets | 0.40% | [8],[9],[12] | 42% | [5],[7],[11] | |
Energy | Warrant Investments | Arcadia Power, Inc. | |||||
Cost | $ 194 | [2],[8],[12] | $ 194 | [4],[5],[11] | |
Fair Value | 108 | [8],[12] | 185 | [5],[11] | |
Energy | Equity Investments | |||||
Cost | 866 | [2],[8] | 867 | [4],[5] | |
Fair Value | $ 1,045 | [8] | $ 1,115 | [5] | |
Percentage of net assets | 0.36% | [8],[9] | 0.38% | [5],[7] | |
Healthcare Services | Debt Investments | |||||
Outstanding Principal | $ 8,336 | $ 8,336 | |||
Cost | 8,327 | [2] | 8,138 | [4] | |
Fair Value | $ 8,287 | $ 8,138 | |||
Percentage of net assets | 2.88% | [9] | 2.80% | [7] | |
Healthcare Services | Debt Investments | Petfolk Inc. | |||||
Outstanding Principal | $ 1,336 | $ 1,336 | |||
Cost | 1,318 | [2] | 1,313 | [4] | |
Fair Value | 1,318 | 1,313 | |||
Healthcare Services | Debt Investments | OpenLoop Health, Inc. | |||||
Outstanding Principal | 7,000 | 7,000 | |||
Cost | 7,009 | [2] | 6,825 | [4] | |
Fair Value | 6,969 | 6,825 | |||
Healthcare Services | Warrant Investments | |||||
Cost | 295 | [2],[8],[12] | 258 | [4],[5],[11] | |
Fair Value | $ 567 | [8],[12] | $ 467 | [5],[11] | |
Percentage of net assets | 0.20% | [8],[9],[12] | 16% | [5],[7],[11] | |
Healthcare Services | Warrant Investments | OpenLoop Health, Inc. | |||||
Cost | $ 165 | [2],[8],[12] | $ 165 | [4],[5],[11] | |
Fair Value | 242 | [8],[12] | 179 | [5],[11] | |
Healthcare Services | Equity Investments | |||||
Cost | 720 | [2],[8] | 720 | [4],[5] | |
Fair Value | $ 473 | [8] | $ 473 | [5] | |
Percentage of net assets | 0.16% | [8],[9] | 0.16% | [5],[7] | |
Healthcare Technology Systems | Debt Investments | |||||
Outstanding Principal | $ 19,901 | $ 19,262 | |||
Cost | 20,506 | [2] | 19,612 | [4] | |
Fair Value | $ 20,131 | $ 19,530 | |||
Percentage of net assets | 6.99% | [9] | 6.72% | [7] | |
Healthcare Technology Systems | Debt Investments | Thirty Madison, Inc. | |||||
Outstanding Principal | $ 9,901 | $ 9,262 | |||
Cost | 10,029 | [2] | 9,344 | [4] | |
Fair Value | 9,697 | 9,344 | |||
Healthcare Technology Systems | Warrant Investments | |||||
Cost | 827 | [2],[8],[12] | 827 | [4],[5],[11] | |
Fair Value | $ 617 | [8],[12] | $ 618 | [5],[11] | |
Percentage of net assets | 0.21% | [8],[9],[12] | 0.21% | [5],[7],[11] | |
Healthcare Technology Systems | Equity Investments | |||||
Cost | $ 15 | [2],[8] | $ 15 | [4],[5] | |
Fair Value | $ 3 | [8] | $ 3 | [5] | |
Percentage of net assets | 0% | [8],[9] | 0% | [5],[7] | |
Information Services (B2C) | Debt Investments | |||||
Outstanding Principal | $ 9,000 | $ 9,000 | |||
Cost | 9,066 | [2] | 8,983 | [4] | |
Fair Value | $ 9,066 | $ 8,983 | |||
Percentage of net assets | 3.15% | [9] | 3.09% | [7] | |
Information Services (B2C) | Warrant Investments | |||||
Cost | $ 192 | [2],[8],[12] | $ 192 | [4],[5],[11] | |
Fair Value | $ 157 | [8],[12] | $ 173 | [5],[11] | |
Percentage of net assets | 0.05% | [8],[9],[12] | 0.06% | [5],[7],[11] | |
Information Services (B2C) | Equity Investments | |||||
Cost | $ 150 | [2],[8] | $ 150 | [4],[5] | |
Fair Value | $ 150 | [8] | $ 150 | [5] | |
Percentage of net assets | 0.05% | [8],[9] | 0.05% | [5],[7] | |
Information Technology | Warrant Investments | |||||
Cost | [2],[8],[12] | $ 250 | |||
Fair Value | [8],[12] | $ 250 | |||
Percentage of net assets | [8],[9],[12] | 0.09% | |||
Information Technology | Equity Investments | |||||
Cost | [2],[8] | $ 500 | |||
Fair Value | [8] | $ 500 | |||
Percentage of net assets | [8],[9] | 0.17% | |||
Life and Health Insurance | Debt Investments | |||||
Percentage of net assets | [7] | 3.21% | |||
Life and Health Insurance | Debt Investments | |||||
Outstanding Principal | $ 1,000 | $ 9,000 | |||
Cost | 1,004 | [2] | 9,329 | [4] | |
Fair Value | $ 1,004 | 9,329 | |||
Percentage of net assets | [9] | 0.35% | |||
Life and Health Insurance | Debt Investments | Angle Health, Inc. | |||||
Outstanding Principal | 1,000 | ||||
Cost | [4] | 986 | |||
Fair Value | 986 | ||||
Life and Health Insurance | Warrant Investments | |||||
Cost | $ 120 | [2],[8],[12] | 120 | [4],[5],[11] | |
Fair Value | $ 176 | [8],[12] | $ 142 | [5],[11] | |
Percentage of net assets | 0.06% | [8],[9],[12] | 0.05% | [5],[7],[11] | |
Life and Health Insurance | Equity Investments | |||||
Cost | $ 80 | [2],[8] | $ 80 | [4],[5] | |
Fair Value | $ 87 | [8] | $ 87 | [5] | |
Percentage of net assets | 0.03% | [8],[9] | 0.03% | [5],[7] | |
Omio Corp. (f/k/a GoEuro Corp.) | Debt Investments | |||||
Outstanding Principal | $ 7,500 | ||||
Cost | [2] | 7,881 | |||
Fair Value | $ 8,040 | ||||
Percentage of net assets | [9] | 2.79% | |||
Medical Software and Information Services | Debt Investments | |||||
Percentage of net assets | [7] | 0.84% | |||
Medical Software and Information Services | Debt Investments | |||||
Outstanding Principal | $ 2,452 | $ 2,373 | |||
Cost | 2,597 | [2] | 2,482 | [4] | |
Fair Value | $ 2,568 | 2,432 | |||
Percentage of net assets | [9] | 0.89% | |||
Medical Software and Information Services | Warrant Investments | |||||
Cost | $ 92 | [2],[8],[12] | 92 | [4],[5],[11] | |
Fair Value | $ 2 | [8],[12] | $ 2 | [5],[11] | |
Percentage of net assets | 0% | [8],[9],[12] | 0% | [5],[7],[11] | |
Multimedia and Design Software | Debt Investments | |||||
Outstanding Principal | $ 6,316 | $ 6,316 | |||
Cost | 6,489 | [2] | 6,438 | [4] | |
Fair Value | $ 6,483 | $ 6,416 | |||
Percentage of net assets | 2.25% | [9] | 2.21% | [7] | |
Multimedia and Design Software | Debt Investments | Spire Animation Studios, Inc. | |||||
Outstanding Principal | $ 1,316 | $ 1,316 | |||
Cost | 1,450 | [2] | 1,450 | [4] | |
Fair Value | 1,444 | 1,428 | |||
Multimedia and Design Software | Warrant Investments | |||||
Cost | 262 | [2],[8],[12] | 262 | [4],[5],[11] | |
Fair Value | $ 90 | [8],[12] | $ 90 | [5],[11] | |
Percentage of net assets | 0.03% | [8],[9],[12] | 0.03% | [5],[7],[11] | |
Multimedia and Design Software | Warrant Investments | Spire Animation Studios, Inc. | |||||
Cost | $ 185 | [2],[8],[12] | $ 185 | [4],[5],[11] | |
Fair Value | 0 | [8],[12] | 0 | [5],[11] | |
Multimedia and Design Software | Equity Investments | |||||
Cost | 58 | [2],[8] | 58 | [4],[5] | |
Fair Value | $ 66 | [8] | $ 66 | [5] | |
Percentage of net assets | 0.02% | [8],[9] | 0.02% | [5],[7] | |
Network Management Software | Debt Investments | |||||
Outstanding Principal | $ 5,000 | $ 5,000 | |||
Cost | 5,004 | [2] | 4,947 | [4] | |
Fair Value | $ 5,004 | $ 4,947 | |||
Percentage of net assets | 1.74% | [9] | 1.70% | [7] | |
Network Management Software | Warrant Investments | |||||
Cost | $ 211 | [2],[8],[12] | $ 211 | [4],[5],[11] | |
Fair Value | $ 215 | [8],[12] | $ 186 | [5],[11] | |
Percentage of net assets | 0.07% | [8],[9],[12] | 0.06% | [5],[7],[11] | |
Network Management Software | Equity Investments | |||||
Cost | [2],[8] | $ 62 | |||
Fair Value | [8] | $ 62 | |||
Percentage of net assets | [8],[9] | 0.02% | |||
Other Financial Services | Debt Investments | |||||
Outstanding Principal | $ 6,764 | $ 7,238 | |||
Cost | 6,686 | [2] | 7,269 | [4] | |
Fair Value | $ 6,677 | $ 7,255 | |||
Percentage of net assets | 2.32% | [9] | 2.50% | [7] | |
Other Financial Services | Debt Investments | Jerry Services, Inc. | |||||
Outstanding Principal | $ 1,000 | $ 1,000 | |||
Cost | 1,027 | [2] | 1,013 | [4] | |
Fair Value | 1,018 | 999 | |||
Other Financial Services | Debt Investments | Relay Commerce, Inc. | |||||
Outstanding Principal | 5,764 | 6,238 | |||
Cost | 5,659 | [2] | 6,256 | [4] | |
Fair Value | 5,659 | 6,256 | |||
Other Financial Services | Warrant Investments | |||||
Cost | 639 | [2],[8],[12] | 613 | [4],[5],[11] | |
Fair Value | $ 622 | [8],[12] | $ 513 | [5],[11] | |
Percentage of net assets | 0.22% | [8],[9],[12] | 0.18% | [5],[7],[11] | |
Other Financial Services | Warrant Investments | Relay Commerce, Inc. | |||||
Cost | $ 97 | [2],[8],[12] | $ 71 | [4],[5],[11] | |
Fair Value | 149 | [8],[12] | 37 | [5],[11] | |
Other Financial Services | Equity Investments | |||||
Cost | 698 | [2],[8] | 698 | [4],[5] | |
Fair Value | $ 799 | [8] | $ 823 | [5] | |
Percentage of net assets | 0.28% | [8],[9] | 0.28% | [5],[7] | |
Real Estate Services | Debt Investments | |||||
Outstanding Principal | $ 24,043 | $ 35,970 | |||
Cost | 25,045 | [2] | 36,695 | [4] | |
Fair Value | $ 24,413 | $ 35,807 | |||
Percentage of net assets | 8.48% | [9] | 12.32% | [7] | |
Real Estate Services | Debt Investments | Common Living Inc. | |||||
Outstanding Principal | $ 7,242 | $ 7,242 | |||
Cost | 7,635 | [2] | 7,607 | [4] | |
Fair Value | 7,215 | 7,046 | |||
Real Estate Services | Debt Investments | Homelight, Inc. | |||||
Outstanding Principal | 750 | 750 | |||
Cost | 742 | [2] | 740 | [4] | |
Fair Value | 737 | 734 | |||
Real Estate Services | Debt Investments | Homeward, Inc. | |||||
Outstanding Principal | 6,073 | 8,000 | |||
Cost | 6,342 | [2] | 8,170 | [4] | |
Fair Value | 6,097 | 7,987 | |||
Real Estate Services | Debt Investments | Mynd Management, Inc. | |||||
Outstanding Principal | 10,000 | ||||
Cost | [4] | 10,016 | |||
Fair Value | 10,016 | ||||
Real Estate Services | Debt Investments | True Footage, Inc. | |||||
Outstanding Principal | 9,978 | 9,978 | |||
Cost | 10,326 | [2] | 10,162 | [4] | |
Fair Value | 10,364 | 10,024 | |||
Real Estate Services | Warrant Investments | |||||
Cost | 954 | [2],[8],[12] | 954 | [4],[5],[11] | |
Fair Value | $ 2,106 | [8],[12] | $ 2,192 | [5],[11] | |
Percentage of net assets | 0.73% | [8],[9],[12] | 75% | [5],[7],[11] | |
Real Estate Services | Warrant Investments | Mynd Management, Inc. | |||||
Cost | $ 95 | [2],[8],[12] | $ 95 | [4],[5],[11] | |
Fair Value | 54 | [8],[12] | 125 | [5],[11] | |
Real Estate Services | Equity Investments | |||||
Cost | 592 | [2],[8] | 592 | [4],[5] | |
Fair Value | $ 410 | [8] | $ 417 | [5] | |
Percentage of net assets | 0.14% | [8],[9] | 0.14% | [5],[7] | |
Social/Platform Software | Debt Investments | Sylva, Inc. | |||||
Outstanding Principal | $ 7,298 | $ 7,132 | |||
Cost | 7,535 | [2] | 7,313 | [4] | |
Fair Value | $ 6,783 | $ 7,257 | |||
Percentage of net assets | 2.36% | [9] | 2.50% | [7] | |
Social/Platform Software | Warrant Investments | |||||
Cost | $ 103 | [2],[8],[12] | $ 103 | [4],[5],[11] | |
Fair Value | $ 33 | [8],[12] | $ 251 | [5],[11] | |
Percentage of net assets | 0.01% | [8],[9],[12] | 0.09% | [5],[7],[11] | |
Social/Platform Software | Warrant Investments | Sylva, Inc. | |||||
Cost | $ 60 | [2],[8],[12] | $ 60 | [4],[5],[11] | |
Fair Value | 8 | [8],[12] | 226 | [5],[11] | |
Social/Platform Software | Warrant Investments | Appex Group, Inc. | |||||
Cost | [4],[5],[11] | 0 | |||
Fair Value | [5],[11] | 0 | |||
Business to Business Marketplace | Warrant Investments | |||||
Cost | 156 | [2],[8],[12] | 156 | [4],[5],[11] | |
Fair Value | $ 140 | [8],[12] | $ 140 | [5],[11] | |
Percentage of net assets | 0.05% | [8],[9],[12] | 0.05% | [5],[7],[11] | |
Business to Business Marketplace | Equity Investments | |||||
Cost | $ 950 | [2],[8] | $ 950 | [4],[5] | |
Fair Value | $ 740 | [8] | $ 740 | [5] | |
Percentage of net assets | 0.26% | [8],[9] | 0.25% | [5],[7] | |
Commercial Services | Warrant Investments | |||||
Cost | $ 6 | [2],[8],[12] | $ 6 | [4],[5],[11] | |
Fair Value | $ 6 | [8],[12] | $ 6 | [5],[11] | |
Percentage of net assets | 0% | [8],[9],[12] | 0% | [5],[7],[11] | |
Communication Software | Warrant Investments | |||||
Cost | $ 54 | [2],[8],[12] | $ 54 | [4],[5],[11] | |
Fair Value | $ 54 | [8],[12] | $ 54 | [5],[11] | |
Percentage of net assets | 0.02% | [8],[9],[12] | 0.02% | [5],[7],[11] | |
Database Software | Warrant Investments | |||||
Cost | $ 116 | [2],[8],[12] | $ 116 | [4],[5],[11] | |
Fair Value | $ 254 | [8],[12] | $ 254 | [5],[11] | |
Percentage of net assets | 0.09% | [8],[9],[12] | 0.09% | [5],[7],[11] | |
E-Commerce - Personal Goods | Merama Inc. | |||||
Cost | $ 106 | [2],[8] | $ 106 | [4],[5] | |
Fair Value | $ 196 | [8] | 197 | [5] | |
E-Commerce - Personal Goods | Debt Investments | |||||
Outstanding Principal | 27,515 | ||||
Cost | [4] | 27,876 | |||
Fair Value | $ 26,948 | ||||
Percentage of net assets | 6.90% | [9] | 9.28% | [7] | |
E-Commerce - Personal Goods | Debt Investments | Forum Brands, LLC | |||||
Outstanding Principal | $ 20,171 | $ 20,024 | |||
Cost | 20,527 | [2] | 20,186 | [4] | |
Fair Value | 19,856 | 19,343 | |||
E-Commerce - Personal Goods | Debt Investments | Merama Inc. | |||||
Outstanding Principal | 7,491 | ||||
Cost | [4] | 7,690 | |||
Fair Value | 7,605 | ||||
E-Commerce - Personal Goods | Warrant Investments | |||||
Cost | 965 | [2],[8],[12] | 968 | [4],[5],[11] | |
Fair Value | $ 1,006 | [8],[12] | $ 1,001 | [5],[11] | |
Percentage of net assets | 0.35% | [8],[9],[12] | 0.34% | [5],[7],[11] | |
E-Commerce - Personal Goods | Warrant Investments | Forum Brands, LLC | |||||
Cost | $ 376 | [2],[8],[12] | $ 379 | [4],[5],[11] | |
Fair Value | 443 | [8],[12] | 438 | [5],[11] | |
E-Commerce - Personal Goods | Equity Investments | |||||
Cost | 196 | [2],[8] | 196 | [4],[5] | |
Fair Value | $ 227 | [8] | $ 228 | [5] | |
Percentage of net assets | 0.08% | [8],[9] | 0.08% | [5],[7] | |
Food Products | Debt Investments | |||||
Outstanding Principal | $ 2,444 | $ 2,365 | |||
Cost | 2,463 | [2] | 2,448 | [4] | |
Fair Value | $ 2,359 | $ 2,399 | |||
Percentage of net assets | 0.82% | [9] | 0.83% | [7] | |
Food Products | Warrant Investments | |||||
Cost | $ 176 | [2],[8],[12] | $ 77 | [4],[5],[11] | |
Fair Value | $ 93 | [8],[12] | $ 39 | [5],[11] | |
Percentage of net assets | 0.03% | [8],[9],[12] | 0.01% | [5],[7],[11] | |
Food Products | Equity Investments | |||||
Cost | $ 50 | [2],[8] | $ 50 | [4],[5] | |
Fair Value | $ 50 | [8] | $ 50 | [5] | |
Percentage of net assets | 0.02% | [8],[9] | 0.02% | ||
General Media and Content | Warrant Investments | |||||
Cost | $ 5 | [2],[8],[12] | $ 5 | [4],[5],[11] | |
Fair Value | $ 5 | [8],[12] | $ 5 | [5],[11] | |
Percentage of net assets | 0% | [8],[9],[12] | 0% | [5],[7],[11] | |
General Media and Content | Equity Investments | |||||
Cost | $ 100 | [2],[8] | $ 100 | [4],[5] | |
Fair Value | $ 100 | [8] | $ 100 | [5] | |
Percentage of net assets | 0.03% | [8],[9] | 0.03% | [5],[7] | |
Elder and Disabled Care | Warrant Investments | |||||
Cost | $ 50 | [2],[8],[12] | $ 50 | [4],[5],[11] | |
Fair Value | $ 192 | [8],[12] | $ 192 | [5],[11] | |
Percentage of net assets | 0.07% | [8],[9],[12] | 0.07% | [5],[7],[11] | |
Elder and Disabled Care | Equity Investments | |||||
Cost | $ 264 | [2],[8] | $ 264 | [4],[5] | |
Fair Value | $ 294 | [8] | $ 294 | [5] | |
Percentage of net assets | 0.10% | [8],[9] | 0.10% | [5],[7] | |
Household Products | Warrant Investments | |||||
Cost | $ 72 | [2],[8],[12] | $ 72 | [4],[5],[11] | |
Fair Value | $ 0 | [8],[12] | $ 0 | [5],[11] | |
Percentage of net assets | 0% | [8],[9],[12] | 0% | [5],[7],[11] | |
Human Capital Services | Debt Investments | |||||
Outstanding Principal | $ 3,281 | $ 3,281 | |||
Cost | 3,267 | [2] | 3,282 | [4] | |
Fair Value | $ 3,267 | $ 3,282 | |||
Percentage of net assets | 1.14% | [9] | 1.13% | [7] | |
Human Capital Services | Warrant Investments | |||||
Cost | $ 307 | [2],[8],[12] | $ 307 | [4],[5],[11] | |
Fair Value | $ 1,098 | [8],[12] | $ 1,098 | [5],[11] | |
Percentage of net assets | 0.38% | [8],[9],[12] | 0.38% | [5],[7],[11] | |
Human Capital Services | Warrant Investments | Karat Financial Technologies Incorporated | |||||
Cost | $ 109 | [2],[8],[12] | $ 109 | [4],[5],[11] | |
Fair Value | 731 | [8],[12] | 731 | [5],[11] | |
Infrastructure | Debt Investments | |||||
Outstanding Principal | 7,500 | ||||
Cost | [4] | 7,810 | |||
Fair Value | $ 7,886 | ||||
Percentage of net assets | [7] | 2.71% | |||
Infrastructure | Warrant Investments | |||||
Cost | 323 | [2],[8],[12] | $ 322 | [4],[5],[11] | |
Fair Value | $ 552 | [8],[12] | $ 365 | [5],[11] | |
Percentage of net assets | 0.19% | [8],[9],[12] | 0.13% | [5],[7],[11] | |
Infrastructure | Equity Investments | |||||
Cost | $ 161 | [2],[8] | $ 161 | [4],[5] | |
Fair Value | $ 236 | [8] | $ 236 | [5] | |
Percentage of net assets | 0.08% | [8],[9] | 0.08% | [5],[7] | |
Logistics | Warrant Investments | |||||
Cost | $ 51 | [2],[8],[12] | $ 51 | [4],[5],[11] | |
Fair Value | $ 51 | [8],[12] | $ 51 | [5],[11] | |
Percentage of net assets | 0.02% | [8],[9],[12] | 0.02% | [5],[7],[11] | |
Software Development Applications | Warrant Investments | |||||
Cost | $ 233 | [2],[8],[12] | $ 65 | [4],[5],[11] | |
Fair Value | $ 432 | [8],[12] | $ 223 | [5],[11] | |
Percentage of net assets | 0.15% | [8],[9],[12] | 0.08% | [5],[7],[11] | |
Software Development Applications | Warrant Investments | Appex Group, Inc. | |||||
Cost | [2],[8],[12] | $ 168 | |||
Fair Value | [8],[12] | 209 | |||
Software Development Applications | Equity Investments | |||||
Cost | 250 | [2],[8] | $ 250 | [4],[5] | |
Fair Value | $ 303 | [8] | $ 303 | [5] | |
Percentage of net assets | 0.11% | [8],[9] | 0.10% | [5],[7] | |
Financial Services | Equity Investments | |||||
Cost | $ 150 | [2],[8] | $ 150 | [4],[5] | |
Fair Value | $ 150 | [8] | $ 150 | [5] | |
Percentage of net assets | 0.05% | [8],[9] | 0.05% | [5],[7] | |
[1] All investments were valued at fair value using Level 3 significant unobservable inputs as determined in good faith by the Company’s board of directors (the “Board”). Gross unrealized gains, gross unrealized losses, and net unrealized losses for federal income tax purposes totaled $9.5 million, $18.0 million and $8.5 million, respectively, for the June 30, 2024 investment portfolio. The tax cost of investments is $395.0 million. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). Unless otherwise indicated, all of the Company’s portfolio company investments are subject to restrictions on sales. As of June 30, 2024, the Company’s portfolio company investments that were subject to restrictions on sales totaled $382.2 million at fair value and represented 132.8% of the Company’s net assets. In addition, unless otherwise indicated, as of June 30, 2024, all investments are pledged as collateral as part of the Company’s revolving credit facility. Gross unrealized gains, gross unrealized losses, and net unrealized losses for federal income tax purposes totaled $9.3 million, $16.7 million and $7.4 million, respectively, for the December 31, 2023 investment portfolio. The tax cost of investments is $407.6 million. Non-income producing investments. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act. Unless otherwise indicated, all of the Company’s portfolio company investments are subject to restrictions on sales. As of December 31, 2023, the Company’s portfolio company investments that were subject to restrictions on sales totaled $400.2 million at fair value and represented 137.7% of the Company’s net assets. In addition, unless otherwise indicated, as of December 31, 2023, all investments are pledged as collateral as part of the Company’s revolving credit facility. Non-income producing investments. As of December 31, 2023, this investment was not pledged as collateral as part of the Company’s revolving credit facility. Warrants are associated with funded debt instruments as well as certain commitments to provide future funding against certain unfunded obligations. Warrants are associated with funded debt instruments as well as certain commitments to provide future funding against certain unfunded obligations. Entity is not domiciled in the United States and does not have its principal place of business in the United States. Investment is a non-qualifying asset under Section 55(a) of the 1940 Act. As of December 31, 2023, non-qualifying assets represented 11.7% of the Company’s total assets, at fair value. As of June 30, 2024, this investment was not pledged as collateral as part of the Company’s revolving credit facility. Entity is not domiciled in the United States and does not have its principal place of business in the United States. Investment is a non-qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). As of June 30, 2024, non-qualifying assets represented 14.0% of the Company’s total assets, at fair value. Number of shares and/or fair value will be determined based on the occurrence of future events. Debt is on non-accrual status as of June 30, 2024 and is therefore considered non-income producing. Non-accrual investments as of June 30, 2024 had a total cost and fair value of $29.3 million and $20.5 million, respectively. Debt is on non-accrual status as of December 31, 2023 and is therefore considered non-income producing. Non-accrual investments as of December 31, 2023 had a total cost and fair value of $19.9 million and $15.1 million, respectively. Number of shares and/or fair value will be determined based on the occurrence of future events. |
CONSOLIDATED SCHEDULE OF INVE_2
CONSOLIDATED SCHEDULE OF INVESTMENTS - Narrative (Parentheticals) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended | |||
Jun. 30, 2024 | Dec. 31, 2023 | ||||
Percentage of net assets | [1],[2] | 137.74% | |||
Total portfolio company investments | [3] | $ 382,206 | [4] | $ 400,195 | [1],[5] |
Gross unrealized gains for tax purposes | 9,500 | 9,300 | |||
Gross unrealized losses for tax purposes | 18,000 | 16,700 | |||
Net unrealized losses for tax purposes | 8,500 | 7,400 | |||
Tax cost of investments | 395,000 | 407,600 | |||
Cost | [3] | 392,703 | [4],[6] | $ 406,433 | [1],[5],[7] |
Unrealized Gain/(Loss) | $ (64) | ||||
Non-qualifying assets percentage | 14% | 11.70% | |||
Total Portfolio Companies | |||||
Percentage of net assets | 132.80% | [8],[9] | 137.70% | ||
Total portfolio company investments | $ 382,200 | $ 400,200 | |||
Debt Investments | |||||
Cost of non-accrual investments | 29,300 | 19,900 | |||
Fair value of non-accrual investments | $ 20,500 | $ 15,100 | |||
Debt investments with floating interest rates | Minimum | |||||
Interest rate floor | 3.25% | 3.25% | |||
Debt investments with floating interest rates | Investment Owned, Balance, Principal Amount | Interest Rate Type Risk | |||||
Outstanding Principal | $ 294,900 | $ 304,500 | |||
Concentration risk percentage | 80.70% | 79.70% | |||
[1] Non-income producing investments. All investments were valued at fair value using Level 3 significant unobservable inputs as determined in good faith by the Company’s board of directors (the “Board”). The Company generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). Unless otherwise indicated, all of the Company’s portfolio company investments are subject to restrictions on sales. As of June 30, 2024, the Company’s portfolio company investments that were subject to restrictions on sales totaled $382.2 million at fair value and represented 132.8% of the Company’s net assets. In addition, unless otherwise indicated, as of June 30, 2024, all investments are pledged as collateral as part of the Company’s revolving credit facility. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act. Unless otherwise indicated, all of the Company’s portfolio company investments are subject to restrictions on sales. As of December 31, 2023, the Company’s portfolio company investments that were subject to restrictions on sales totaled $400.2 million at fair value and represented 137.7% of the Company’s net assets. In addition, unless otherwise indicated, as of December 31, 2023, all investments are pledged as collateral as part of the Company’s revolving credit facility. Gross unrealized gains, gross unrealized losses, and net unrealized losses for federal income tax purposes totaled $9.5 million, $18.0 million and $8.5 million, respectively, for the June 30, 2024 investment portfolio. The tax cost of investments is $395.0 million. Gross unrealized gains, gross unrealized losses, and net unrealized losses for federal income tax purposes totaled $9.3 million, $16.7 million and $7.4 million, respectively, for the December 31, 2023 investment portfolio. The tax cost of investments is $407.6 million. Non-income producing investments. |
CONSOLIDATED SCHEDULE OF INVE_3
CONSOLIDATED SCHEDULE OF INVESTMENTS - Derivatives (Parenthetical) € in Thousands, £ in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | |||||||
Mar. 31, 2024 USD ($) | Jun. 30, 2024 USD ($) | Jun. 30, 2024 GBP (£) | Jun. 30, 2024 USD ($) | Jun. 30, 2024 EUR (€) | Dec. 31, 2023 GBP (£) | Dec. 31, 2023 USD ($) | Dec. 31, 2023 EUR (€) | ||
Schedule of Investments [Line Items] | |||||||||
Percentage of net assets | [1],[2] | 137.74% | 137.74% | 137.74% | |||||
US $ Value at Settlement Date | $ 12,892 | $ 10,531 | |||||||
Unrealized Gain/(Loss) | $ (430) | $ (64) | |||||||
Foreign currency forward contracts | |||||||||
Schedule of Investments [Line Items] | |||||||||
Percentage of net assets | (0.02%) | (0.02%) | (0.02%) | (0.15%) | (0.15%) | (0.15%) | |||
Open Forward Foreign Currency Contract, Identifier [Axis]: British Pound Sterling Foreign Currency Contract, Maturing August 1, 2024 | |||||||||
Schedule of Investments [Line Items] | |||||||||
Amount | £ | £ 6 | ||||||||
US $ Value at Settlement Date | $ 7,531 | ||||||||
Unrealized Gain/(Loss) | (56) | ||||||||
Open Forward Foreign Currency Contract, Identifier [Axis]: British Pound Sterling Foreign Currency Contract, Maturing February 1, 2024 | |||||||||
Schedule of Investments [Line Items] | |||||||||
Amount | £ | £ 6 | ||||||||
US $ Value at Settlement Date | $ 7,300 | ||||||||
Unrealized Gain/(Loss) | (345) | ||||||||
Open Forward Foreign Currency Contract, Identifier [Axis]: Euro Foreign Currency Contract, Maturing August 1, 2024 | |||||||||
Schedule of Investments [Line Items] | |||||||||
Amount | € | € 3 | ||||||||
US $ Value at Settlement Date | 3,221 | ||||||||
Unrealized Gain/(Loss) | 3 | ||||||||
Open Forward Foreign Currency Contract, Identifier [Axis]: Euro Foreign Currency Contract, Maturing February 1, 2024 | |||||||||
Schedule of Investments [Line Items] | |||||||||
Amount | € | € 2 | ||||||||
US $ Value at Settlement Date | 2,127 | ||||||||
Unrealized Gain/(Loss) | (82) | ||||||||
Open Forward Foreign Currency Contract, Identifier [Axis]: Euro Foreign Currency Contract, Maturing March 28, 2024 | |||||||||
Schedule of Investments [Line Items] | |||||||||
Amount | € | € 1 | ||||||||
US $ Value at Settlement Date | $ 1,104 | ||||||||
Unrealized Gain/(Loss) | $ (3) | ||||||||
Open Forward Foreign Currency Contract, Identifier [Axis]: Euro Foreign Currency Contract, Maturing September 26, 2024 | |||||||||
Schedule of Investments [Line Items] | |||||||||
Amount | € | € 2 | ||||||||
US $ Value at Settlement Date | $ 2,140 | ||||||||
Unrealized Gain/(Loss) | $ (11) | ||||||||
[1] Non-income producing investments. |
Organization
Organization | 6 Months Ended |
Jun. 30, 2024 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Organization | Organization TriplePoint Global Venture Credit, LLC was formed on October 2, 2019 as a Maryland limited liability company. On May 27, 2020, TriplePoint Global Venture Credit, LLC changed its name to TriplePoint Private Venture Credit Inc. (the “Company”) in connection with its conversion from a Maryland limited liability company to a Maryland corporation and the commencement of its investment operations. The Company is structured as an externally-managed, closed-end investment company that has elected to be treated as a business development company (“BDC”) under the 1940 Act. The Company has elected to be treated, and intends 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’s investment objective is to maximize its total return to stockholders primarily in the form of current income from secured loans, and secondarily through capital gains from equity “kickers” in the form of warrants and direct equity investments to venture capital-backed companies. The Company is externally managed by TriplePoint Advisers LLC (the “Adviser”), which is registered as an investment adviser under the Investment Advisers Act of 1940, as amended, and is a wholly owned subsidiary of TriplePoint Capital LLC (“TPC”). The Adviser is responsible for sourcing, reviewing and structuring investment opportunities, underwriting and performing due diligence on investments and monitoring the investment portfolio on an ongoing basis. The Adviser was organized in August 2013 and, pursuant to an investment advisory agreement entered into between the Company and the Adviser (the “Advisory Agreement”), the Company pays the Adviser a base management fee and an incentive fee for its investment management services. The Company has also entered into an administration agreement (the “Administration Agreement”) with TriplePoint Administrator LLC (the “Administrator”), a wholly owned subsidiary of the Adviser, pursuant to which the Administrator provides or arranges for the provision of all administrative services necessary for the Company to operate. The Company has two wholly owned subsidiaries: TPVC Funding Company LLC (the “Financing Subsidiary”), a bankruptcy remote special purpose entity established for utilizing the Company’s revolving credit facility whose creditors have a claim on its assets prior to those assets becoming available to the Financing Subsidiary’s equity holders, and TPVC Investment LLC, an entity established for holding certain of the Company’s investments in order to benefit without negatively impacting the Company’s RIC tax status. These subsidiaries are consolidated in the financial statements of the Company. |
Significant Accounting Policies
Significant Accounting Policies | 6 Months Ended |
Jun. 30, 2024 | |
Accounting Policies [Abstract] | |
Significant Accounting Policies | Significant Accounting Policies Basis of Presentation and Principles of Consolidation The accompanying interim consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and pursuant to the requirements for reporting on Form 10-Q and Articles 6, 10 and 12 of Regulation S-X. Accordingly, certain disclosures required by GAAP for the annual reporting of consolidated financial statements are omitted. The consolidated financial statements include the accounts of the Company and its consolidated subsidiaries. All adjustments and reclassifications that are necessary for the fair representation of financial results as of and for the periods presented have been included and all intercompany account balances and transactions have been eliminated. Certain items in the prior period’s consolidated financial statements have been conformed to the current period’s presentation. These presentation changes, if any, did not impact any prior amounts of reported total assets, total liabilities, net assets or results of operations. These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes contained in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 13, 2024, including the significant accounting policies described in “Note 2. Significant Accounting Policies” in the Company’s consolidated financial statements included therein. |
Related Party Agreements and Tr
Related Party Agreements and Transactions | 6 Months Ended |
Jun. 30, 2024 | |
Related Party Transactions [Abstract] | |
Related Party Agreements and Transactions | Related Party Agreements and Transactions Investment Advisory Agreement In accordance with the Advisory Agreement, subject to the overall supervision of the Board and in accordance with the 1940 Act, the Adviser manages the day-to-day operations and provides investment advisory services to the Company. Under the terms of the Advisory Agreement, the Adviser: • determines the composition of the Company’s portfolio, the nature and timing of changes to the Company’s portfolio and the manner of implementing such changes; • identifies, evaluates and negotiates the structure of investments; • executes, closes, services and monitors investments; • determines the securities and other assets purchased, retained or sold; • performs due diligence on prospective investments; and • provides the Company with such other investment advisory, research and related services as the Company may, from time to time, reasonably require for the investment of its funds. As consideration for the investment advisory and management services provided, and pursuant to the Advisory Agreement, the Company has agreed to pay the Adviser a fee consisting of two components - a base management fee and an incentive fee. The cost of both the base management fee and incentive fee is ultimately borne by the Company’s stockholders. Base Management Fee The base management fee is calculated at an annual rate of 1.75% of the Company’s average invested equity capital (as defined below) as of the end of the then-current quarter and the prior calendar quarter. For this purpose, “invested equity capital” means the amounts drawn on the Company’s capital commitments from investors. Following the closing of the listing of shares of the Company’s common stock on a national securities exchange, including in connection with an initial public offering (“IPO”), the base management fee will be calculated at an annual rate of 1.75% of the Company’s average adjusted gross assets, including assets purchased with borrowed funds. The base management fee will be calculated based on the average value of the Company’s gross assets at the end of its two most recently completed calendar quarters. Incentive Fee The incentive fee, which provides the Adviser with a share of the income that it generates for the Company, consists of two components - investment income and capital gains - which are largely independent of each other, with the result that one component may be payable even if the other is not payable. Under the investment income component, the Company will pay the Adviser each quarter 20.0% of the amount by which the Company’s pre-incentive fee net investment income for the quarter exceeds a hurdle rate of 2.0% (which is 8.0% annualized) of its net assets at the end of the immediately preceding calendar quarter, subject to a “catch-up” provision pursuant to which the Adviser receives all of such income in excess of the 2.0% level but less than 2.5%. The effect of the “catch-up” provision is that if pre-incentive fee net investment income exceeds 2.5% in any calendar quarter, the Adviser receives 20.0% of the Company’s pre-incentive fee net investment income as if the 2.0% hurdle rate did not apply. Pre-incentive fee net investment income does not include any realized capital gains, realized capital losses or unrealized capital gains or losses. The investment income component of the incentive fee will be subject to a total return requirement, which will provide that no incentive fee in respect of the Company’s pre-incentive fee net investment income will be payable except to the extent that 20.0% of the cumulative net increase in net assets resulting from operations over the then current and 11 preceding quarters (the “Trailing Twelve Quarters”) exceeds the cumulative incentive fees accrued and/or paid for the 11 preceding quarters. In other words, any investment income incentive fee that is payable in a calendar quarter is limited to the lesser of (i) 20.0% of the amount by which the Company’s pre-incentive fee net investment income for such calendar quarter exceeds the 2.0% hurdle, subject to the “catch-up” provision and (ii) (x) 20.0% of the cumulative net increase in net assets resulting from operations for the Trailing Twelve Quarters minus (y) the cumulative incentive fees accrued and/or paid for the 11 preceding calendar quarters. For the foregoing purpose, the “cumulative net increase in net assets resulting from operations” is the sum of the Company’s pre-incentive fee net investment income, realized gains and losses and unrealized appreciation and depreciation for the Trailing Twelve Quarters. However, following the occurrence (if any) of an IPO, the Trailing Twelve Quarters will be “reset” so as to include, as of the end of any quarter, the calendar quarter then ending and the 11 preceding calendar quarters (or if shorter, the number of quarters that have occurred since the IPO, rather than the number of quarters that have occurred since May 27, 2020). The capital gains component of the incentive fee will be determined and paid annually in arrears at the end of each calendar year or, in the event of an Advanced Liquidity Event (as defined below), the date on which the closing of such Advanced Liquidity Event occurs. At the end of each calendar year (or upon the effectuation of an Advanced Liquidity Event), the Company will pay the Adviser (A) 20.0% of the difference, if positive, of the sum of aggregate cumulative realized capital gains, if any, computed net of aggregate cumulative realized capital losses, if any, and aggregate cumulative unrealized capital depreciation, in each case from May 27, 2020, the initial effective date of the Advisory Agreement, through the end of such year (or the date on which an Advanced Liquidity Event occurs), less (B) the aggregate amount of any previously paid capital gains incentive fees from May 27, 2020 until the end of such calendar year (or the date on which an Advanced Liquidity Event occurs). For the foregoing purpose, “aggregate cumulative realized capital gains” does not include any unrealized capital appreciation. An Advanced Liquidity Event could include: (1) a listing of the Company’s shares of capital stock on a national securities exchange, including through an IPO, (2) a merger with another entity, including an affiliated company, subject to any limitations under the 1940 Act or (3) the sale of all or substantially all of the assets of the Company. The Company will accrue, but not pay, a portion of the capital gains incentive fee with respect to net unrealized appreciation. Under GAAP, the Company is required to accrue a capital gains incentive fee that includes net realized capital gains and losses and net unrealized capital appreciation and depreciation on investments held at the end of each period. In calculating the accrual for the capital gains component of the incentive fee, the Company will consider the cumulative aggregate unrealized capital appreciation in the calculation, since an incentive fee based on capital gains would be payable if such unrealized capital appreciation were realized, even though such unrealized capital appreciation is not permitted to be considered in calculating the fee actually payable under the Advisory Agreement. This accrual is calculated using the aggregate cumulative realized capital gains and losses and aggregate cumulative unrealized capital appreciation or depreciation. If such amount is positive at the end of a period, then the Company will record a capital gains incentive fee equal to 20.0% of such amount, minus the aggregate amount of the actual capital gains incentive fee paid in all prior periods. If such amount is negative, then there is no accrual for such period and previous accruals for capital gains incentive fees may be reversed. There can be no assurance that such unrealized capital appreciation will be realized in the future. Additionally, if the Advisory Agreement is terminated as of a date that is not a calendar year end, including upon the effectuation of a merger of the Company with another entity (including an affiliated company, subject to any limitations under the 1940 Act) or the sale of all or substantially all of the Company’s assets, the termination date is treated as though it were a calendar year end for purposes of calculating and paying the capital gains incentive fee. Base management and incentive fees are paid in the quarter following that in which they are earned. The base management fee and income incentive fee earned by the Adviser and capital gains incentive fee accrual are included in the Company’s consolidated financial statements and summarized in the table below: For the Three Months Ended June 30, For the Six Months Ended June 30, Base Management and Incentive Fees (in thousands) 2024 2023 2024 2023 Base management fee $ 1,548 $ 1,363 $ 3,095 $ 2,711 Income incentive fee $ — $ — $ — $ — Capital gains incentive fee $ — $ — $ — $ — Administration Agreement The Administration Agreement provides that the Administrator is responsible for furnishing the Company with office facilities and equipment and providing the Company with clerical, bookkeeping, recordkeeping services and other administrative services at such facilities. Under the Administration Agreement, the Administrator performs, or oversees, or arranges for, the performance of the Company’s required administrative services, which includes being responsible for the financial and other records which the Company is required to maintain and preparing reports to the Company’s stockholders and reports and other materials filed with the SEC and any other regulatory authority. In addition, the Administrator assists the Company in determining and publishing net asset value (“NAV”), overseeing the preparation and filing of the Company’s tax returns and printing and disseminating reports and other materials to the Company’s stockholders, and generally oversees the payment of the Company’s expenses and the performance of administrative and professional services rendered to the Company by others. Under the Administration Agreement, the Administrator also provides significant managerial assistance on the Company’s behalf to those companies that have accepted the Company’s offer to provide such assistance. In consideration of the provision of the services of the Administrator, the Company reimburses the Administrator for the costs and expenses incurred by the Administrator in performing its obligations and providing personnel and facilities under the Administration Agreement. Payments under the Administration Agreement are equal to the Company’s allocable portion (subject to the review of the Board) of the Administrator’s overhead resulting from its obligations under the Administration Agreement, including rent and the allocable portion of the cost of the chief compliance officer and chief financial officer and their respective staffs. In addition, if requested to provide significant managerial assistance to the Company’s portfolio companies, the Administrator is paid an additional amount based on the services provided, which shall not exceed the amount the Company receives from such companies for providing this assistance. For the three months ended June 30, 2024 and 2023, expenses paid or payable by the Company to the Administrator under the Administration Agreement were $0.6 million and $0.5 million, respectively. For the six months ended June 30, 2024 and 2023, expenses paid or payable by the Company to the Administrator under the Administrative Agreement were $1.2 million and $1.0 million, respectively. |
Investments
Investments | 6 Months Ended |
Jun. 30, 2024 | |
Schedule of Investments [Abstract] | |
Investments | Investments The Company measures the fair value of its investments in accordance with Accounting Standards Codification Topic 820, Fair Value Measurements and Disclosure, or “ASC Topic 820,” issued by the FASB. ASC Topic 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Audit Committee of the Board is responsible for assisting the Board in valuing investments for which current market quotations are not readily available. Investments for which market quotations are readily available are valued using market quotations, which are generally obtained from pricing services, broker-dealers or market makers. The Company values its investments for which market quotations are not readily available at fair value as determined in good faith by the Board, with the assistance of the Adviser and independent valuation agents, in accordance with Rule 2a-5 of the 1940 Act and GAAP, and in accordance with the Company’s valuation methodologies. If more than one valuation method is used to measure fair value, the results are evaluated and weighted, as appropriate, considering the reasonableness of the range indicated by those results. The Adviser considers a range of fair values based upon the valuation techniques utilized and selects a value within that range that most accurately represents fair value based on current market conditions as well as other factors the Adviser’s valuation committee considers relevant. The Board determines fair value of its investments on at least a quarterly basis or at such other times when the Board feels it would be appropriate to do so given the circumstances. A determination of fair value involves subjective judgments and estimates and depends on the facts and circumstances present at each valuation date. Due to the inherent uncertainty of determining fair value of portfolio investments that do not have a readily available market value, fair value of investments may differ significantly from the values that would have been used had a readily available market value existed for such investments, and the differences could be material. ASC Topic 820 specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. ASC Topic 820 also provides guidance regarding a fair value hierarchy, which prioritizes information used to measure fair value and the effect of fair value measurements on earnings and provides for enhanced disclosures determined by the level of information used in the valuation. In accordance with ASC Topic 820, these inputs are summarized in the three levels listed below: Level 1 —Valuations are based on quoted prices in active markets for identical assets or liabilities that are accessible at the measurement date. Level 2 —Valuations are based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly and model-based valuation techniques for which all significant inputs are observable. Level 3 —Valuations are based on inputs that are unobservable and significant to the overall fair value measurement. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models incorporating significant unobservable inputs, such as discounted cash flow models and other similar valuations techniques. The valuation of Level 3 assets and liabilities generally requires significant management judgment due to the inability to observe inputs to valuation. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an investment’s level within the fair value hierarchy is based on the lowest level of observable input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and consideration of factors specific to the investment. Under ASC Topic 820, the fair value measurement also assumes that the transaction to sell an asset occurs in the principal market for the asset or, in the absence of a principal market, the most advantageous market for the asset, which may be a hypothetical market, excluding transaction costs. The principal market for any asset is the market with the greatest volume and level of activity for such asset in which the reporting entity would or could sell or transfer the asset. In determining the principal market for an asset or liability, it is assumed that the reporting entity has access to such market as of the measurement date. Market participants are defined as buyers and sellers in the principal or most advantageous market that are independent, knowledgeable and willing and able to transact. For purposes of Section 2(a)(41) and Rule 2a-5 under the 1940 Act, a market quotation is readily available only when that quotation is a quoted price (unadjusted) in active markets for identical investments that the Company can access at the measurement date, provided that a quotation will not be readily available if it is not reliable. Any portfolio investment that is not priced using a Level 1 input shall be subject to the fair value determination requirements under Rule 2a-5 and subject to the Company’s valuation procedures. With respect to investments for which market quotations are not readily available, the Board undertakes a multi-step valuation process each quarter, as described below: • The quarterly valuation process begins with each portfolio company or investment receiving a proposed valuation by the Adviser. The Adviser’s internal valuation committee (the “Adviser Valuation Committee”) is responsible for the valuation process, including making preliminary valuation conclusions and recommendations to the Audit Committee and Board. The Adviser Valuation Committee does not include any voting members who are portfolio managers or investment professionals. • The Adviser’s Portfolio Valuation, Monitoring and Analytics (“VMA”) group is responsible for aiding and supporting the Adviser Valuation Committee in the Adviser Valuation Committee’s role of overseeing the valuation process, including for calculating and overseeing the valuation process and valuation conclusions, and including making recommendations with respect to discount rates, liquidity adjustments and other key inputs into the valuation process. • Proposed valuations are then documented and discussed with the Adviser Valuation Committee and other members of the Adviser’s senior management, including members of the VMA and the Adviser’s Finance, Operations, Legal and Compliance groups. • At least 25% of the total dollar value of the Company’s investment portfolio will receive valuation recommendations from an independent third-party valuation firm each quarter, as selected in accordance with the Company’s valuation policy. Each new portfolio investment will be reviewed by an independent third-party valuation firm within 12 months of the date of investment, and thereafter will be reviewed by an independent third-party valuation firm no later than the fourth quarter following its most recent inclusion in such review process. However, a valuation review by an independent third-party valuation firm is not required for an investment whose total dollar value is less than 1% of the total dollar value of the Company’s aggregate investment portfolio (up to an aggregate of 10% of the total dollar value of the Company’s aggregate investment portfolio) or for those assets that the Board and/or Audit Committee has agreed to waive from such requirement. • The Adviser and the independent third-party valuation firms, if applicable, then present their proposed valuations to the Audit Committee and Board, and the Board makes a fair valuation determination for each portfolio investment that is to be fair valued. Debt Investments The debt investments identified on the consolidated schedules of investments are loans made to venture capital-backed companies focused in technology and other high growth industries which are backed by a select group of leading venture capital investors. These investments are considered Level 3 assets under ASC Topic 820 as there is no known or accessible market or market indices for these types of debt instruments and thus the Company must estimate the fair value of these investment securities based on models utilizing unobservable inputs. To estimate the fair value of debt investments, the Company compares the cost basis of each debt investment, including any OID, to the resulting fair value determined using a discounted cash flow model, unless another model is more appropriate based on the circumstances at the measurement date. The discounted cash flow approach entails analyzing the interest rate spreads for recently completed financing transactions which are similar in nature to these debt investments, in order to determine a comparable range of effective market interest rates. The range of interest rate spreads utilized is based on borrowers with similar credit profiles. All remaining expected cash flows of the investment are discounted using this range of interest rates to determine a range of fair values for the debt investment. The valuation process includes, among other things, evaluating the underlying investment performance of the portfolio company’s current financial condition and ability to raise additional capital, as well as macro-economic events that may impact valuations. These events include, but are not limited to, current market yields and interest rate spreads of similar securities as of the measurement date. Changes in these unobservable inputs could result in significantly different fair value measurements. Under certain circumstances, an alternative technique may be used to value certain debt investments that better reflect the fair value of the investment, such as the price paid or realized in a recently completed transaction or a binding offer received in an arm’s length transaction, the use of multiple probability weighted cash flow models when the expected future cash flows contain elements of variability or estimates of proceeds that would be received in a liquidation scenario. Warrant Investments Warrant fair values are primarily determined using a Black Scholes option pricing model. Privately held warrants and equity-related securities are valued based on an analysis of various factors, including, but not limited to, those listed below. Increases or decreases in any of the unobservable inputs described below could result in a material change in fair value: • Underlying enterprise value of the issuer based on available information, including any information regarding the most recent financing round of borrower. Valuation techniques to determine enterprise value include market multiple approaches, income approaches or the use of recent rounds of financing and the portfolio company’s capital structure. Valuation techniques are also utilized to allocate the enterprise fair value of a portfolio company to the specific class of common or preferred stock exercisable in the warrant. Such techniques take into account the rights and preferences of the portfolio company’s securities, expected exit scenarios, and volatility associated with such outcomes to allocate the fair value to the specific class of stock held in the portfolio. Such techniques include option pricing models, including back solve techniques, probability weighted expected return models and other techniques determined to be appropriate. • Volatility, or the amount of uncertainty or risk about the size of the changes in the warrant investment price, is based on comparable publicly traded companies within indices similar in nature to the underlying company issuing the warrant. • The risk-free interest rates are derived from the U.S. Treasury yield curve. The risk-free interest rates are calculated based on a weighted average of the risk-free interest rates that correspond closest to the expected remaining life of the warrant investment. • Other adjustments, including a marketability discount on private company warrant investments, are estimated based on the Adviser’s judgment about the general industry environment. • Historical portfolio experience on cancellations and exercises of warrant investments are utilized as the basis for determining the estimated life of the warrant investment in each financial reporting period. Warrant investments may be exercised in the event of acquisitions, mergers or initial public offerings, and cancelled due to events such as bankruptcies, restructuring activities or additional financings. These events cause the expected remaining life assumption to be shorter than the contractual term of the warrant investment. Under certain circumstances alternative techniques may be used to value certain warrants that more accurately reflect the warrants' fair values, such as an expected settlement of a warrant in the near term, a model that incorporates a put feature associated with the warrant, or the price paid or realized in a recently completed transaction or binding offer received in an arm’s-length transaction. The fair value may be determined based on the expected proceeds to be received from such settlement or based on the net present value of the expected proceeds from the put option. Equity Investments The fair value of an equity investment in a privately held company is initially the amount invested. The Company adjusts the fair value of equity investments in private companies upon the completion of a new third party round of equity financing subsequent to its investment. The Company may adjust the fair value of an equity investment absent a new equity financing event based upon positive or negative changes in a portfolio company’s financial or operational performance. The Company may also reference comparable transactions and/or secondary market transactions of comparable companies to estimate fair value. These valuation methodologies involve a significant degree of judgment. The fair value of an equity investment in a publicly traded company is based upon the closing public share price on the date of measurement. Investment Valuation The above-described valuation methodologies involve a significant degree of judgment. There is no single standard for determining the estimated fair value of investments that do not have an active observable market. Valuations of privately held investments are inherently uncertain, as they are based on estimates, and their values may fluctuate over time. The determination of fair value may differ materially from the values that would have been used if an active market for these investments existed. In some cases, the fair value of such investments is best expressed as a range of values derived utilizing different methodologies from which a single estimate may then be determined. Investments measured at fair value on a recurring basis are categorized in the following table based upon the lowest level of significant input to the valuations as of June 30, 2024 and December 31, 2023. The Company transfers investments in and out of Levels 1, 2 and 3 as of the beginning balance sheet date, based on changes in the use of observable and unobservable inputs utilized to perform the valuation for the period. Investment Type June 30, 2024 December 31, 2023 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Debt investments $ — $ — $ 353,000 $ 353,000 $ — $ — $ 375,025 $ 375,025 Warrant investments — — 18,378 18,378 — — 16,915 16,915 Equity investments — — 10,828 10,828 — — 8,255 8,255 Total portfolio company investments $ — $ — $ 382,206 $ 382,206 $ — $ — $ 400,195 $ 400,195 Derivative instruments (1) — (64) — (64) — (430) — (430) Total investments, including derivative instruments $ — $ (64) $ 382,206 $ 382,142 $ — $ (430) $ 400,195 $ 399,765 _______________ (1) Derivative instruments are carried at fair value and a level 2 security within the Company’s fair value hierarchy. The following table shows information about Level 3 portfolio company investments measured at fair value for the six months ended June 30, 2024 and 2023. Both observable and unobservable inputs were used to determine the fair value of positions that the Company has classified within the Level 3 category. As a result, the net unrealized gains and losses for assets within the Level 3 category may include changes in fair value that were attributable to both observable (e.g., changes in market interest rates) and unobservable (e.g., changes in unobservable long-dated volatilities) inputs. Level 3 For the Six Months Ended June 30, 2024 Debt Investments Warrant Investments Equity Investments Total Portfolio Company Investments Fair value as of December 31, 2023 $ 375,025 $ 16,915 $ 8,255 $ 400,195 Funding and purchases of investments, at cost 59,341 1,958 1,943 63,242 Principal payments and sale proceeds received from investments (74,996) (6) — (75,002) Amortization and accretion of premiums and discounts, net and end-of term payments 3,049 — — 3,049 Realized losses on investments (6,443) (368) — (6,811) Net change in unrealized gains (losses) included in earnings (4,157) (95) (7) (4,259) Payment-in-kind coupon 1,792 — — 1,792 Transfers between investments (611) (26) 637 — Gross transfers out of Level 3 (1) — — — — Fair value as of June 30, 2024 $ 353,000 $ 18,378 $ 10,828 $ 382,206 Net change in unrealized losses on Level 3 investments held as of June 30, 2024 $ (5,670) $ 118 $ (7) $ (5,559) Level 3 For the Six Months Ended June 30, 2023 Debt Investments Warrant Investments Equity Investments Total Portfolio Company Investments Fair value as of December 31, 2022 $ 413,558 $ 18,445 $ 9,366 $ 441,369 Funding and purchases of investments, at cost 59,057 1,081 780 60,918 Principal payments and sale proceeds received from investments (34,412) — — (34,412) Amortization and accretion of premiums and discounts, net and end-of term payments 3,695 — — 3,695 Realized losses on investments (18,083) (1,087) (500) (19,670) Net change in unrealized gains (losses) included in earnings (4,247) (829) (518) (5,594) Payment-in-kind coupon 1,779 — — 1,779 Gross transfers out of Level 3 (1) — — — — Fair value as of June 30, 2023 $ 421,347 $ 17,610 $ 9,128 $ 448,085 Net change in unrealized gains (losses) on Level 3 investments held as of June 30, 2023 $ (10,427) $ (830) $ (518) $ (11,775) _______________ (1) Transfers out of Level 3 are measured as of the date of the transfer. There were no transfers out of Level 3 during the six months ended June 30, 2024 or the six months ended June 30, 2023. Realized gains and losses are included in “net realized losses on investments” in the consolidated statements of operations. For the three months ended June 30, 2024 and 2023, the Company recognized net realized losses of $3.3 million and $19.0 million, respectively. For the six months ended June 30, 2024 and 2023, the Company recognized net realized losses of $7.0 million and $18.5 million, respectively. Unrealized gains and losses are included in “net change in unrealized losses on investments” in the consolidated statements of operations. Net change in unrealized losses for the three months ended June 30, 2024 and 2023 totaled $1.7 million and $0.2 million, respectively, resulting primarily from market rate adjustments and foreign currency adjustments. Net change in unrealized losses for the six months ended June 30, 2024 and 2023 totaled $3.9 million and $5.5 million, respectively. The following tables show a summary of quantitative information about the Level 3 fair value measurements of portfolio company investments as of June 30, 2024 and December 31, 2023. In addition to the techniques and inputs noted in the tables below, the Company may also use other valuation techniques and methodologies when determining fair value measurements. Level 3 Investments June 30, 2024 Fair Value Valuation Technique Unobservable Inputs Range Weighted Average Debt investments $ 337,639 Discounted Cash Flows Discount Rate 11.27% - 42.44% 18.88% 15,361 Probability-Weighted Expected Return Method Probability Weighting of Alternative Outcomes 0.00% - 100.00% 89.37% Warrant investments 18,378 Black Scholes Option Pricing Model Revenue Multiples 0.40x - 56.90x 5.55x Volatility 35.00% - 90.00% 63.60% Term 0.50 - 5.50 Years 3.45 Years Risk Free Rate 0.17% - 5.03% 2.98% Equity investments 10,828 Black Scholes Option Pricing Model Volatility 50.00% - 85.00% 61.87% Term 1.75 - 4.00 Years 3.18 Years Risk Free Rate 0.46% - 4.86% 3.12% Revenue Multiples 0.70x - 11.00x 3.80x Total portfolio company investments $ 382,206 Level 3 Investments December 31, 2023 Fair Value Valuation Technique Unobservable Inputs Range Weighted Average Debt investments $ 366,489 Discounted Cash Flows Discount Rate 11.71% - 44.09% 19.76% 8,536 Probability-Weighted Expected Return Method Probability Weighting of Alternative Outcomes 30.00% - 100.00% 72.26% Warrant investments 16,915 Black Scholes Option Pricing Model Revenue Multiples 0.18x - 56.90x 6.91 Volatility 45.00% - 90.00% 65.07% Term 0.50 - 5.50 Years 3.47 Years Risk Free Rate 0.17% - 5.03% 2.93% Equity investments 8,255 Black Scholes Option Pricing Model Volatility 50.00% - 85.00% 59.60% Term 1.75 - 4.00 Years 3.28 Years Risk Free Rate 0.46% - 4.86% 3.04% Revenue Multiples 1.09x - 14.00x 4.94x Total portfolio company investments $ 400,195 Increases or decreases in any of the above unobservable inputs in isolation would result in a lower or higher fair value measurement for such assets. Derivative Instruments The Company enters into forward currency contracts from time to time to help mitigate the impact that an adverse change in foreign exchange rates would have on the value of the Company’s investments denominated in foreign currencies. The notional amounts as of June 30, 2024 and December 31, 2023, as shown in the Consolidated Schedule of Investments, are representative of the average volume throughout the six months ended June 30, 2024 and year ended December 31, 2023, respectively. The following table shows a summary of the fair value and location of the Company’s derivative instruments in the Consolidated Statements of Assets and Liabilities held as of June 30, 2024 and December 31, 2023: Fair Value as of Derivative Instrument Statement Location June 30, 2024 December 31, 2023 Foreign currency forward contracts Other accrued expenses and liabilities $ (67) $ (430) Foreign currency forward contracts Prepaid expenses and other assets 3 — Total $ (64) $ (430) Net realized and unrealized gains and losses on derivative instruments recorded by the Company during six months ended June 30, 2024 and 2023 are in the following locations in the Consolidated Statements of Operations: For the Three Months Ended June 30, For the Six Months Ended June 30, Derivative Instrument Statement Location 2024 2023 2024 2023 Foreign currency forward contracts Net realized losses on investments $ 113 $ — $ (216) $ — Foreign currency forward contracts Net change in unrealized losses on investments (103) — 366 — Total $ 10 $ — $ 150 $ — Offsetting of Derivative Instruments The Company has derivative instruments that are subject to master netting agreements. These agreements include provisions to offset positions with the same counterparty in the event of default by one of the parties. The Company’s unrealized appreciation and depreciation on derivative instruments are reported as gross assets and liabilities, respectively, in the consolidated balance sheets. The following tables show the Company’s assets and liabilities related to derivatives by counterparty, net of amounts available for offset under a master netting arrangement and net of any collateral received or pledged by the Company for such assets and liabilities as of June 30, 2024 and December 31, 2023: As of June 30, 2024 Counterparty Derivative Assets Subject to Master Netting Agreement Derivatives Available for Offset Non-cash Collateral Received (1) Cash Collateral Received (1) Net Amount of Derivative Assets (2) Zions Bancorporation, N.A. $ 3 $ — $ — $ — $ 3 Total $ 3 $ — $ — $ — $ 3 Counterparty Derivative Liabilities Subject to Master Netting Agreement Derivatives Available for Offset Non-cash Collateral Received (1) Cash Collateral Received (1) Net Amount of Derivative Liabilities (3) Zions Bancorporation, N.A. $ (67) $ — $ — $ — $ (67) Total $ (67) $ — $ — $ — $ (67) As of December 31, 2023 Counterparty Derivative Assets Subject to Master Netting Agreement Derivatives Available for Offset Non-cash Collateral Received (1) Cash Collateral Received (1) Net Amount of Derivative Assets (2) Zions Bancorporation, N.A. $ — $ — $ — $ — $ — Total $ — $ — $ — $ — $ — Counterparty Derivative Liabilities Subject to Master Netting Agreement Derivatives Available for Offset Non-cash Collateral Received (1) Cash Collateral Received (1) Net Amount of Derivative Liabilities (3) Zions Bancorporation, N.A. $ (430) $ — $ — $ — $ (430) Total $ (430) $ — $ — $ — $ (430) _______________ (1) In some instances, the actual amount of the collateral received and/or pledged may be more than the amount shown due to overcollateralization. (2) Net amount of derivative assets represents the net amount due from the counterparty to the Company. (3) Net amount of derivative liabilities represents the net amount due from the Company to the counterparty. |
Credit Risk
Credit Risk | 6 Months Ended |
Jun. 30, 2024 | |
Credit Loss [Abstract] | |
Credit Risk | Credit Risk Debt investments may be affected by business, financial market or legal uncertainties. Prices of investments may be volatile, and a variety of factors that are inherently difficult to predict, such as domestic, economic and political developments, may significantly affect the value of these investments. In addition, the value of these investments may fluctuate as the general level of interest rates fluctuates. In many instances, the portfolio company’s ability to repay the debt investments is dependent on additional funding by its venture capital investors, a future sale or an initial public offering. The value of these investments may be detrimentally affected to the extent a borrower defaults on its obligations, there is insufficient collateral and/or there are extensive legal and other costs incurred in collecting on a defaulted loan. |
Borrowings
Borrowings | 6 Months Ended |
Jun. 30, 2024 | |
Debt Disclosure [Abstract] | |
Borrowings | Borrowings The following table shows the Company's outstanding debt as of June 30, 2024 and December 31, 2023: Liability June 30, 2024 December 31, 2023 Total Commitment Balance Outstanding Unused Commitment Total Commitment Balance Outstanding Unused Commitment Revolving Credit Facility $ 250,000 $ 68,500 $ 181,500 $ 250,000 $ 87,500 $ 162,500 2027 Notes 75,000 75,000 — 75,000 75,000 — Total $ 325,000 $ 143,500 $ 181,500 $ 325,000 $ 162,500 $ 162,500 Interest expense on these borrowings includes the interest cost charged on borrowings, the unused fee on the Credit Facility (as defined below), paying and administrative agent fees, and the amortization of deferred Credit Facility fees and expenses. These expenses are shown in the table below: For the Three Months Ended June 30, For the Six Months Ended June 30, Interest Expense and Amortization of Fees (in thousands) 2024 2023 2024 2023 Revolving Credit Facility Interest cost $ 2,354 $ 2,540 $ 4,435 $ 4,913 Unused fee 203 264 409 529 Amortization of costs and other fees 245 323 495 515 Revolving Credit Facility Total $ 2,802 $ 3,127 $ 5,339 $ 5,957 2027 Notes Interest cost $ 1,099 $ 1,099 $ 2,198 $ 2,198 Amortization of costs and other fees 46 43 90 85 2027 Notes Total $ 1,145 $ 1,142 $ 2,288 $ 2,283 Total interest expense and amortization of fees $ 3,947 $ 4,269 $ 7,627 $ 8,240 Credit Facility On July 15, 2020, the Company’s wholly-owned subsidiary, the Financing Subsidiary, as the borrower, entered into a secured revolving credit facility (as amended, the “Credit Facility”) pursuant to a Receivables Financing Agreement (the “Receivables Financing Agreement”), by and among the Financing Subsidiary, the Company, individually and as collateral manager and as equityholder, the lenders from time to time party thereto, Deutsche Bank AG, New York Branch (“DBNY”), as the facility agent, DBNY and MUFG Union Bank, N.A. (“MUFG”), as joint lead arrangers, Deutsche Bank Trust Company Americas, as paying agent and as collection account bank, the custodian party thereto, and Vervent Inc., as backup collateral manager. As of June 30, 2024, commitments available total $250.0 million from four lenders—DBNY, MUFG, KeyBank National Association (“KeyBank”) and TIAA, FSB—subject to an accordion feature, which allows the Financing Subsidiary to request an increase in the size of the Credit Facility to an amount not to exceed $400.0 million (including by adding additional lenders under the Credit Facility), subject to certain conditions and the consent of the lenders. The Credit Facility is collateralized by all of the assets of the Financing Subsidiary, including the loans and other investments acquired by the Financing Subsidiary from time to time and collections thereon. The revolving period under the Credit Facility is scheduled to expire on July 15, 2025, subject to an extension with the consent of the lenders and early termination if an event of default occurs or other adverse events, specified in the Receivables Financing Agreement, occur. The scheduled maturity date for the Credit Facility is January 15, 2027, unless earlier terminated in accordance with the terms of the Receivables Financing Agreement. Advances are made under the Credit Facility pursuant to a borrowing base, which generally utilizes a 55% advance rate on the applicable net loan balance of assets held by the Financing Subsidiary, subject to excess concentrations and other restrictions set forth in the Receivables Financing Agreement. Advances under the Credit Facility accrue interest at a per annum rate equal to the applicable margin plus the greater of 3-month Term SOFR The Credit Facility includes customary representations and warranties and requires the Company and the Financing Subsidiary to comply with various covenants, reporting requirements and other customary requirements for similar credit facilities. Borrowings under the Credit Facility are subject to the leverage restrictions contained in the 1940 Act. As of June 30, 2024 and December 31, 2023, the Company was in compliance with all covenants under the Credit Facility. As of June 30, 2024 and December 31, 2023, the Company had outstanding borrowings under the Credit Facility of $68.5 million and $87.5 million, respectively, excluding deferred credit facility costs of $2.5 million and $3.0 million, respectively, which are included as assets in the Company’s consolidated statements of assets and liabilities. The book value of the Credit Facility approximates fair value due to the relatively short maturity, cash repayments and market interest rates of the instrument. The fair value of the Credit Facility would be categorized as Level 3 in the fair value hierarchy if determined as of the reporting date. During the three months ended June 30, 2024 and 2023, the Company had average outstanding borrowings under the Credit Facility of $89.0 million and $110.6 million, respectively, at a weighted average interest rate of 8.57% and 8.25%, respectively. During the six months ended June 30, 2024 and 2023, the Company average outstanding borrowings under the Credit Facility of $88.3 million and $109.8 million, respectively, at a weighted average interest rate of 8.58% and 8.07%, respectively. As of June 30, 2024 and December 31, 2023, $236.6 million and $255.0 million, respectively, of the Company’s assets were pledged for borrowings under the Credit Facility. 2027 Notes On April 6, 2022, the Company issued $75.0 million in aggregate principal amount of senior unsecured notes due April 2027 with a fixed interest rate of 5.86% per year (the “2027 Notes”). The 2027 Notes were issued in a private placement to certain qualified institutional investors, pursuant to the terms of the Master Note Purchase Agreement, dated as of April 6, 2022 (the “Note Purchase Agreement”). The 2027 Notes will mature on April 6, 2027, unless redeemed, purchased or prepaid prior to such date in accordance with their terms. In the event that a Below Investment Grade Event (as defined in the Note Purchase Agreement) occurs, the 2027 Notes will bear interest at a fixed rate of 6.86% per year from the date of the occurrence of the Below Investment Grade Event to and until the date on which the Below Investment Grade Event is no longer continuing. Interest on the 2027 Notes is due semiannually on April 6 and October 6 each year, beginning on October 6, 2022. The 2027 Notes may be redeemed in whole or in part at any time or from time to time at the Company’s option at par plus accrued interest to the prepayment date and, if applicable, a make-whole premium. In addition, the Company is obligated to offer to prepay the 2027 Notes at par plus accrued and unpaid interest up to, but excluding, the date of prepayment, if certain change in control events occur. The 2027 Notes are general unsecured obligations of the Company that rank pari passu with all outstanding and future unsecured unsubordinated indebtedness issued by the Company; provided however, in the event that the Company creates, incurs, assumes or permits to exist liens on or with respect to any of its property or assets in connection with future secured indebtedness of more than an aggregate principal amount of $25 million, the 2027 Notes will generally become secured concurrently therewith, equally and ratably with such indebtedness. The Note Purchase Agreement contains customary terms and conditions for senior unsecured notes issued in a private placement, including, without limitation, affirmative and negative covenants such as information reporting, maintenance of the Company’s status as a business development company within the meaning of the 1940 Act, a minimum asset coverage ratio of 1.50 to 1.00, a minimum interest coverage ratio of 1.25 to 1.00, and minimum stockholders’ equity of $142.8 million, as adjusted upward by an amount equal to 65% of the net proceeds from the issuance of shares of the Company’s common stock subsequent to December 31, 2021. The Note Purchase Agreement also contains customary events of default with customary cure and notice periods, including, without limitation, nonpayment, incorrect representation in any material respect, breach of covenant, cross-default under other indebtedness of the Company or subsidiary guarantors, certain judgments and orders, certain events of bankruptcy, and breach of a key man clause relating to the Company’s Chief Executive Officer, James P. Labe, and the Company’s President and Chief Investment Officer, Sajal K. Srivastava. As of June 30, 2024 and December 31, 2023, the Company was in compliance with all covenants under the 2027 Notes. The 2027 Notes are recorded at amortized cost in the consolidated statements of assets and liabilities. Amortized cost includes $0.6 million and $0.6 million of deferred issuance cost as of June 30, 2024 and December 31, 2023, respectively, which is amortized and expensed over the five-year term of the 2027 Notes based on an effective yield method. As of June 30, 2024 and December 31, 2023, the fair value of the 2027 Notes was $71.0 million and $71.3 million, respectively, and would be categorized as Level 3 of the fair value hierarchy if determined as of the reporting date. The following table shows additional information about the level in the fair value hierarchy of the Company’s liabilities as of June 30, 2024 and December 31, 2023: Liability June 30, 2024 December 31, 2023 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Credit Facility $ — $ — $ 68,500 $ 68,500 $ — $ — $ 87,500 $ 87,500 2027 Notes — — 70,996 70,996 — — 71,333 71,333 Total $ — $ — $ 139,496 $ 139,496 $ — $ — $ 158,833 $ 158,833 |
Commitment and Contingencies
Commitment and Contingencies | 6 Months Ended |
Jun. 30, 2024 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments and Contingencies | Commitments and Contingencies Commitments As of June 30, 2024 and December 31, 2023, the Company’s unfunded commitments totaled $58.2 million to 17 portfolio companies and $72.2 million to 25 portfolio companies, respectively, of which $44,000 and $6.3 million, respectively, were dependent upon the applicable portfolio company reaching certain milestones before the debt commitment becomes available to them. The Company’s credit agreements contain customary lending provisions that allow it relief from funding obligations for previously made commitments in instances where the underlying company experiences material adverse events that affect the financial condition or business outlook for the company. Since these commitments may expire without being drawn upon, unfunded commitments do not necessarily represent future cash requirements or future earning assets for the Company. The following table shows the Company’s unfunded commitments by portfolio company as of June 30, 2024 and December 31, 2023: June 30, 2024 December 31, 2023 Unfunded Commitments (1) (in thousands) Unfunded Commitments Fair Value of Unfunded Commitment Liability Unfunded Commitments Fair Value of Unfunded Commitment Liability Activehours, Inc. $ 10,000 $ 41 $ 10,000 $ — Etched.ai, Inc. 10,000 350 — — Karat Financial Technologies, Inc. 6,719 84 6,719 84 Cresta Intelligence, Inc. 5,000 16 — — Machinify, Inc. 5,000 58 5,000 58 Luxury Presence, Inc. 4,500 63 6,000 65 Thoughtful Automation, Inc. 4,061 39 — — JOKR 3,748 238 3,748 238 Headout Inc. 2,649 20 — — Earth Funeral Group, Inc. 2,570 66 — — Overtime Sports, Inc. 1,143 8 1,143 8 Substack, Inc. 1,000 13 1,000 13 Highbeam, Inc. 948 4 813 10 Idelic, Inc. 400 4 1,200 7 Flashparking, Inc. 250 1 — — Worldwide Freight Logistics Ltd. 191 4 345 10 Ephemeral Solutions, Inc. 44 1 — — Dance GmbH — 8 — — Encore Music Technologies, Inc. — 2 — 1 Perry Health, Inc. — — 8,000 97 Ever/Body Inc. — — 6,200 102 Prose Beauty, Inc. — — 6,000 215 Placemakr, Inc. — — 5,000 168 Parsable, Inc. — — 2,667 37 Firemaps, Inc. — — 2,000 43 FireHydrant, Inc. — — 1,200 29 McN Investments Ltd. — — 1,000 5 Pair Eyewear, Inc. — — 1,000 10 Tempus Ex Machina, Inc. — — 1,000 — Virtual Facility, Inc. — — 1,000 — Construction Finance Corporation — — 575 10 OnSiteIQ, Inc. — — 334 5 Forum Brands, LLC — — 147 5 Allplants LTD — — 102 4 Total $ 58,223 $ 1,020 $ 72,193 $ 1,224 _______________ (1) As of June 30, 2024 and December 31, 2023, the Company did not have any backlog of potential future commitments. Refer to the “Backlog of Potential Future Commitments” below. The fair value at the inception of the delay draw credit agreements is equal to the fees and warrants received to enter into these agreements, taking into account the remaining terms of the agreements and the counterparties’ credit profile. The unfunded commitment liability reflects the fair value of these future funding commitments and is included in “Other accrued expenses and liabilities” in the Company’s consolidated statements of assets and liabilities. These liabilities are considered Level 3 liabilities under ASC Topic 820 as there is no known or accessible market or market indices for these types of financial instruments. Both observable and unobservable inputs were used to determine the fair value of positions that the Company has classified within the Level 3 category. The following table shows additional details regarding the Company's unfunded commitment activity for the periods presented: For the Three Months Ended June 30, For the Six Months Ended June 30, Commitments Activity (in thousands) 2024 2023 2024 2023 Unfunded commitments at beginning of period (1) $ 50,716 $ 105,430 $ 72,193 $ 142,102 New commitments (1) 44,302 57,776 68,438 69,220 Fundings (32,996) (45,413) (61,602) (59,724) Expirations / Terminations (3,800) (29,692) (20,803) (63,606) Foreign currency adjustments 1 37 (3) 146 Unfunded commitments and backlog of potential future commitments at end of period $ 58,223 $ 88,138 $ 58,223 $ 88,138 Backlog of potential future commitments — — — — Unfunded commitments at end of period $ 58,223 $ 88,138 $ 58,223 $ 88,138 _______________ (1) Includes backlog of potential future commitments. Refer to the “Backlog of Potential Future Commitments” below. The following table shows additional information on the Company’s unfunded commitments regarding milestones and expirations as of June 30, 2024 and December 31, 2023: Unfunded Commitments (1) (in thousands) June 30, 2024 December 31, 2023 Dependent on milestones $ 44 $ 6,300 Expiring during: 2024 31,050 64,331 2025 16,923 7,862 2026 10,250 — Unfunded commitments $ 58,223 $ 72,193 _______________ (1) Does not include backlog of potential future commitments. Refer to the “Backlog of Potential Future Commitments” below. Backlog of Potential Future Commitments |
Financial Highlights
Financial Highlights | 6 Months Ended |
Jun. 30, 2024 | |
Investment Company [Abstract] | |
Financial Highlights | Financial Highlights The following table shows the financial highlights for the six months ended June 30, 2024 and 2023: For the Six Months Ended June 30, Financial Highlights 2024 2023 Per Share Data (1) Net asset value at beginning of period $ 12.24 $ 14.00 Changes in net asset value due to: Net investment income 0.81 1.10 Net realized gains/(losses) on investments (0.29) (0.91) Net change in unrealized losses on investments (0.16) (0.28) Distributions to common shareholders (0.47) (0.42) Net asset value at end of period $ 12.13 $ 13.49 Net investment income per common share 0.81 $ 1.10 Net increase in net assets resulting from operations per common share $ 0.35 $ (0.08) Weighted average shares of common stock outstanding for period 23,689,363 20,297,200 Shares of common stock outstanding at end of period 23,689,363 20,297,200 Ratios / Supplemental Data (2) Net asset value at end of period $ 287,812 $ 274,396 Average net asset value $ 290,657 $ 287,785 Total return based on net asset value per share (3) 2.9 % (0.6) % Net investment income to average net asset value (4) 13.4 % 15.6 % Net increase in net assets to average net asset value (4) 5.8 % (1.2) % Ratio of expenses to average net asset value (4) 9.3 % 9.1 % Operating expenses excluding incentive fees to average net asset value (4) 9.3 % 9.1 % _____________ (1) All per share activity is calculated based on the weighted average common shares outstanding for the relevant period, except net increase (decrease) in net assets from capital share transactions, which is based on the common shares outstanding as of the relevant balance sheet date. (2) NAV used in ratios represents NAV to common shareholders and excludes preferred shareholders’ equity. (3) Total return based on NAV is the change in ending NAV per common share plus distributions per common share paid during the period by the beginning NAV per common share. Total return does not reflect sales charges that may be incurred by stockholders. The total return is for the period presented and is not annualized. (4) Percentage is presented on an annualized basis. The following table shows the weighted average portfolio yield on debt investments for the six months ended June 30, 2024 and 2023: For the Six Months Ended June 30, Ratios (Percentages, on an annualized basis) (1) 2024 2023 Weighted average portfolio yield on debt investments (2) 15.6 % 16.4 % Coupon income 11.8 % 12.7 % Accretion of discount 1.0 % 1.4 % Accretion of end-of-term payments 1.7 % 1.9 % Impact of prepayments during the period 1.1 % 0.4 % _____________ (1) Weighted average portfolio yields on debt investments for periods shown are the annualized rates of interest income recognized during the period divided by the average amortized cost of debt investments in the portfolio during the period. The calculation of weighted average portfolio yields on debt investments excludes any non-income producing debt investments, but includes debt investments on non-accrual status. The weighted average yields reported for these periods are annualized and reflect the weighted average yields to maturities. (2) The weighted average portfolio yields on debt investments reflected above do not represent actual investment returns to the Company's shareholders. |
Net Increase in Net Assets per
Net Increase in Net Assets per Share | 6 Months Ended |
Jun. 30, 2024 | |
Earnings Per Share [Abstract] | |
Net Increase in Net Assets per Share | Net Increase in Net Assets per Share The following table shows the computation of basic and diluted net increase (decrease) in net assets per common share for the periods presented: For the Three Months Ended June 30, For the Six Months Ended June 30, Basic and Diluted Share Information (in thousands, except share and per share data) 2024 2023 2024 2023 Net investment income $ 9,668 $ 10,992 $ 19,306 $ 22,328 Net increase (decrease) in net assets resulting from operations 4,655 $ (8,264) 8,436 (1,682) Basic and diluted weighted average shares of common stock outstanding 23,689,363 20,297,200 23,689,363 20,297,200 Basic and diluted net investment income per share of common stock $ 0.41 $ 0.54 $ 0.81 $ 1.10 Basic and diluted net increase (decrease) in net assets resulting from operations per share of common stock $ 0.20 $ (0.41) $ 0.35 $ (0.08) |
Equity
Equity | 6 Months Ended |
Jun. 30, 2024 | |
Equity [Abstract] | |
Equity | Equity During each of the three and six months ended June 30, 2024 and 2023, the Company did not issue any shares of common stock through the Company’s private placement offering. As of both June 30, 2024 and December 31, 2023, the Company had 23,689,363 shares of common stock outstanding. As of both June 30, 2024 and December 31, 2023, the Company had 525 shares of its Series A Preferred Stock outstanding. As of June 30, 2024, the Company had received capital commitments totaling $386.8 million, of which $354.7 million had been funded, with the Company’s stockholders released from funding obligations for any remaining undrawn capital commitments effective upon the expiration of the Company’s investment period in December 2023, subject to limited exceptions set forth in the stockholders’ subscription agreements with the Company. |
Common Distributions
Common Distributions | 6 Months Ended |
Jun. 30, 2024 | |
Equity [Abstract] | |
Common Distributions | Common Distributions The Company has elected to be treated, and intends to comply with the requirements to continue to qualify annually, as a RIC under the Code. In order to maintain its ability to be subject to tax as a RIC, among other things, the Company is required to distribute at least 90% of its net ordinary income and net realized short-term capital gains in excess of its net realized long-term capital losses, if any, to its shareholders. Additionally, to avoid a nondeductible 4% U.S. federal excise tax on certain of the Company’s undistributed income, the Company must distribute during each calendar year an amount at least equal to the sum of: (a) 98% of the Company’s ordinary income (not taking into account any capital gains or losses) for such calendar year; (b) 98.2% of the amount by which the Company’s capital gains exceed the Company’s capital losses (adjusted for certain ordinary losses) for a one-year period ending on October 31 of the calendar year (unless an election is made by the Company to use its taxable year); and (c) certain undistributed amounts from previous years on which the Company paid no U.S. federal income tax. For the tax years ended December 31, 2023 and 2022, the Company was subject to a 4% U.S. federal excise tax, and the Company may be subject to this tax in future years. In such cases, the Company is liable for the tax only on the amount by which the Company does not meet the foregoing distribution requirement. The character of income and gains that the Company distributes is determined in accordance with U.S. income tax regulations that may differ from GAAP. Book and tax basis differences relating to stockholder dividends and distributions and other permanent book and tax differences are reclassified to paid-in capital. The Company incurred a non-deductible U.S. federal excise tax of $0.6 million and $0.3 million for the years ended December 31, 2023 and 2022, respectively. The following table shows the Company’s cash distributions per common share that have been authorized by the Board since commencement of operations to June 30, 2024: Date Declared Record Date Payment Date Per Share Amount November 12, 2020 November 13, 2020 November 20, 2020 $ 0.15 December 21, 2020 December 22, 2020 December 30, 2020 0.30 December 21, 2020 December 22, 2020 December 30, 2020 0.14 (1) May 12, 2021 May 13, 2021 May 19, 2021 0.30 August 11, 2021 August 13, 2021 August 27, 2021 0.30 October 29, 2021 November 1, 2021 November 12, 2021 0.30 December 8, 2021 December 10, 2021 December 29, 2021 0.30 December 8, 2021 December 10, 2021 December 29, 2021 0.10 (2) April 28, 2022 May 13, 2022 May 19, 2022 0.33 July 26, 2022 August 5, 2022 August 26, 2022 0.40 October 28, 2022 November 1, 2022 November 11, 2022 0.40 December 9, 2022 December 15, 2022 December 30, 2022 0.40 December 9, 2022 December 15, 2022 December 30, 2022 0.10 (2) April 27, 2023 May 12, 2023 May 19, 2023 0.42 July 27, 2023 August 4, 2023 August 25, 2023 0.42 October 27, 2023 October 30, 2023 November 15, 2023 0.47 December 5, 2023 December 12, 2023 December 29, 2023 0.47 December 5, 2023 December 12, 2023 December 29, 2023 0.12 (2) April 25, 2024 April 29, 2024 May 17, 2024 0.47 Total cash distributions $ 5.89 _____________ (1) Represents a special distribution sourced from net realized short-term capital gains. (2) Represents a special distribution sourced from net investment income. It is the Company’s intention to distribute all or substantially all of its taxable income earned over the course of the year; thus, no provision for income tax has been recorded in the Company’s consolidated statements of operations during the three and six months ended June 30, 2024. However, the Company may choose not to distribute all of its taxable income for a number of reasons, including retaining excess taxable income for investment purposes and/or defer the payment of distributions associated with the excess taxable income for future calendar years. |
Subsequent Events
Subsequent Events | 6 Months Ended |
Jun. 30, 2024 | |
Subsequent Events [Abstract] | |
Subsequent Events | Subsequent Events Distribution On August 1, 2024, the Board declared a $0.41 per share distribution to the Company’s common stockholders, payable on August 23, 2024 to stockholders of record on August 5, 2024. |
Pay vs Performance Disclosure
Pay vs Performance Disclosure - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | |
Pay vs Performance Disclosure | ||||
Net Income (Loss) | $ 4,655 | $ (8,264) | $ 8,436 | $ (1,682) |
Insider Trading Arrangements
Insider Trading Arrangements | 3 Months Ended |
Jun. 30, 2024 | |
Trading Arrangements, by Individual | |
Rule 10b5-1 Arrangement Adopted | false |
Non-Rule 10b5-1 Arrangement Adopted | false |
Rule 10b5-1 Arrangement Terminated | false |
Non-Rule 10b5-1 Arrangement Terminated | false |
Significant Accounting Polici_2
Significant Accounting Policies (Policies) | 6 Months Ended |
Jun. 30, 2024 | |
Accounting Policies [Abstract] | |
Basis of Presentation and Principles of Consolidation | Basis of Presentation and Principles of Consolidation The accompanying interim consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and pursuant to the requirements for reporting on Form 10-Q and Articles 6, 10 and 12 of Regulation S-X. Accordingly, certain disclosures required by GAAP for the annual reporting of consolidated financial statements are omitted. |
Consolidation | The consolidated financial statements include the accounts of the Company and its consolidated subsidiaries. All adjustments and reclassifications that are necessary for the fair representation of financial results as of and for the periods presented have been included and all intercompany account balances and transactions have been eliminated. Certain items in the prior period’s consolidated financial statements have been conformed to the current period’s presentation. These presentation changes, if any, did not impact any prior amounts of reported total assets, total liabilities, net assets or results of operations. These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes contained in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 13, 2024, including the significant accounting policies described in “Note 2. Significant Accounting Policies” in the Company’s consolidated financial statements included therein. |
Related Party Agreements and _2
Related Party Agreements and Transactions (Tables) | 6 Months Ended |
Jun. 30, 2024 | |
Related Party Transactions [Abstract] | |
Schedule of Related Party Transactions | The base management fee and income incentive fee earned by the Adviser and capital gains incentive fee accrual are included in the Company’s consolidated financial statements and summarized in the table below: For the Three Months Ended June 30, For the Six Months Ended June 30, Base Management and Incentive Fees (in thousands) 2024 2023 2024 2023 Base management fee $ 1,548 $ 1,363 $ 3,095 $ 2,711 Income incentive fee $ — $ — $ — $ — Capital gains incentive fee $ — $ — $ — $ — |
Investments (Tables)
Investments (Tables) | 6 Months Ended |
Jun. 30, 2024 | |
Schedule of Investments [Abstract] | |
Schedule of Investments Measured at Fair Value on a Recurring Basis | Investments measured at fair value on a recurring basis are categorized in the following table based upon the lowest level of significant input to the valuations as of June 30, 2024 and December 31, 2023. The Company transfers investments in and out of Levels 1, 2 and 3 as of the beginning balance sheet date, based on changes in the use of observable and unobservable inputs utilized to perform the valuation for the period. Investment Type June 30, 2024 December 31, 2023 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Debt investments $ — $ — $ 353,000 $ 353,000 $ — $ — $ 375,025 $ 375,025 Warrant investments — — 18,378 18,378 — — 16,915 16,915 Equity investments — — 10,828 10,828 — — 8,255 8,255 Total portfolio company investments $ — $ — $ 382,206 $ 382,206 $ — $ — $ 400,195 $ 400,195 Derivative instruments (1) — (64) — (64) — (430) — (430) Total investments, including derivative instruments $ — $ (64) $ 382,206 $ 382,142 $ — $ (430) $ 400,195 $ 399,765 _______________ (1) Derivative instruments are carried at fair value and a level 2 security within the Company’s fair value hierarchy. |
Schedule of Rollforward of Level 3 Investments Measured at Fair Value | The following table shows information about Level 3 portfolio company investments measured at fair value for the six months ended June 30, 2024 and 2023. Both observable and unobservable inputs were used to determine the fair value of positions that the Company has classified within the Level 3 category. As a result, the net unrealized gains and losses for assets within the Level 3 category may include changes in fair value that were attributable to both observable (e.g., changes in market interest rates) and unobservable (e.g., changes in unobservable long-dated volatilities) inputs. Level 3 For the Six Months Ended June 30, 2024 Debt Investments Warrant Investments Equity Investments Total Portfolio Company Investments Fair value as of December 31, 2023 $ 375,025 $ 16,915 $ 8,255 $ 400,195 Funding and purchases of investments, at cost 59,341 1,958 1,943 63,242 Principal payments and sale proceeds received from investments (74,996) (6) — (75,002) Amortization and accretion of premiums and discounts, net and end-of term payments 3,049 — — 3,049 Realized losses on investments (6,443) (368) — (6,811) Net change in unrealized gains (losses) included in earnings (4,157) (95) (7) (4,259) Payment-in-kind coupon 1,792 — — 1,792 Transfers between investments (611) (26) 637 — Gross transfers out of Level 3 (1) — — — — Fair value as of June 30, 2024 $ 353,000 $ 18,378 $ 10,828 $ 382,206 Net change in unrealized losses on Level 3 investments held as of June 30, 2024 $ (5,670) $ 118 $ (7) $ (5,559) Level 3 For the Six Months Ended June 30, 2023 Debt Investments Warrant Investments Equity Investments Total Portfolio Company Investments Fair value as of December 31, 2022 $ 413,558 $ 18,445 $ 9,366 $ 441,369 Funding and purchases of investments, at cost 59,057 1,081 780 60,918 Principal payments and sale proceeds received from investments (34,412) — — (34,412) Amortization and accretion of premiums and discounts, net and end-of term payments 3,695 — — 3,695 Realized losses on investments (18,083) (1,087) (500) (19,670) Net change in unrealized gains (losses) included in earnings (4,247) (829) (518) (5,594) Payment-in-kind coupon 1,779 — — 1,779 Gross transfers out of Level 3 (1) — — — — Fair value as of June 30, 2023 $ 421,347 $ 17,610 $ 9,128 $ 448,085 Net change in unrealized gains (losses) on Level 3 investments held as of June 30, 2023 $ (10,427) $ (830) $ (518) $ (11,775) _______________ (1) Transfers out of Level 3 are measured as of the date of the transfer. There were no transfers out of Level 3 during the six months ended June 30, 2024 or the six months ended June 30, 2023. |
Schedule of Quantitative Information About the Level 3 Fair Value Measurements | The following tables show a summary of quantitative information about the Level 3 fair value measurements of portfolio company investments as of June 30, 2024 and December 31, 2023. In addition to the techniques and inputs noted in the tables below, the Company may also use other valuation techniques and methodologies when determining fair value measurements. Level 3 Investments June 30, 2024 Fair Value Valuation Technique Unobservable Inputs Range Weighted Average Debt investments $ 337,639 Discounted Cash Flows Discount Rate 11.27% - 42.44% 18.88% 15,361 Probability-Weighted Expected Return Method Probability Weighting of Alternative Outcomes 0.00% - 100.00% 89.37% Warrant investments 18,378 Black Scholes Option Pricing Model Revenue Multiples 0.40x - 56.90x 5.55x Volatility 35.00% - 90.00% 63.60% Term 0.50 - 5.50 Years 3.45 Years Risk Free Rate 0.17% - 5.03% 2.98% Equity investments 10,828 Black Scholes Option Pricing Model Volatility 50.00% - 85.00% 61.87% Term 1.75 - 4.00 Years 3.18 Years Risk Free Rate 0.46% - 4.86% 3.12% Revenue Multiples 0.70x - 11.00x 3.80x Total portfolio company investments $ 382,206 Level 3 Investments December 31, 2023 Fair Value Valuation Technique Unobservable Inputs Range Weighted Average Debt investments $ 366,489 Discounted Cash Flows Discount Rate 11.71% - 44.09% 19.76% 8,536 Probability-Weighted Expected Return Method Probability Weighting of Alternative Outcomes 30.00% - 100.00% 72.26% Warrant investments 16,915 Black Scholes Option Pricing Model Revenue Multiples 0.18x - 56.90x 6.91 Volatility 45.00% - 90.00% 65.07% Term 0.50 - 5.50 Years 3.47 Years Risk Free Rate 0.17% - 5.03% 2.93% Equity investments 8,255 Black Scholes Option Pricing Model Volatility 50.00% - 85.00% 59.60% Term 1.75 - 4.00 Years 3.28 Years Risk Free Rate 0.46% - 4.86% 3.04% Revenue Multiples 1.09x - 14.00x 4.94x Total portfolio company investments $ 400,195 |
Schedule of Derivative Instruments Not Designated as Hedging Instruments | The following table shows a summary of the fair value and location of the Company’s derivative instruments in the Consolidated Statements of Assets and Liabilities held as of June 30, 2024 and December 31, 2023: Fair Value as of Derivative Instrument Statement Location June 30, 2024 December 31, 2023 Foreign currency forward contracts Other accrued expenses and liabilities $ (67) $ (430) Foreign currency forward contracts Prepaid expenses and other assets 3 — Total $ (64) $ (430) Net realized and unrealized gains and losses on derivative instruments recorded by the Company during six months ended June 30, 2024 and 2023 are in the following locations in the Consolidated Statements of Operations: For the Three Months Ended June 30, For the Six Months Ended June 30, Derivative Instrument Statement Location 2024 2023 2024 2023 Foreign currency forward contracts Net realized losses on investments $ 113 $ — $ (216) $ — Foreign currency forward contracts Net change in unrealized losses on investments (103) — 366 — Total $ 10 $ — $ 150 $ — |
Schedule of Offsetting Assets | The following tables show the Company’s assets and liabilities related to derivatives by counterparty, net of amounts available for offset under a master netting arrangement and net of any collateral received or pledged by the Company for such assets and liabilities as of June 30, 2024 and December 31, 2023: As of June 30, 2024 Counterparty Derivative Assets Subject to Master Netting Agreement Derivatives Available for Offset Non-cash Collateral Received (1) Cash Collateral Received (1) Net Amount of Derivative Assets (2) Zions Bancorporation, N.A. $ 3 $ — $ — $ — $ 3 Total $ 3 $ — $ — $ — $ 3 Counterparty Derivative Liabilities Subject to Master Netting Agreement Derivatives Available for Offset Non-cash Collateral Received (1) Cash Collateral Received (1) Net Amount of Derivative Liabilities (3) Zions Bancorporation, N.A. $ (67) $ — $ — $ — $ (67) Total $ (67) $ — $ — $ — $ (67) As of December 31, 2023 Counterparty Derivative Assets Subject to Master Netting Agreement Derivatives Available for Offset Non-cash Collateral Received (1) Cash Collateral Received (1) Net Amount of Derivative Assets (2) Zions Bancorporation, N.A. $ — $ — $ — $ — $ — Total $ — $ — $ — $ — $ — Counterparty Derivative Liabilities Subject to Master Netting Agreement Derivatives Available for Offset Non-cash Collateral Received (1) Cash Collateral Received (1) Net Amount of Derivative Liabilities (3) Zions Bancorporation, N.A. $ (430) $ — $ — $ — $ (430) Total $ (430) $ — $ — $ — $ (430) _______________ (1) In some instances, the actual amount of the collateral received and/or pledged may be more than the amount shown due to overcollateralization. (2) Net amount of derivative assets represents the net amount due from the counterparty to the Company. (3) Net amount of derivative liabilities represents the net amount due from the Company to the counterparty. |
Borrowings (Tables)
Borrowings (Tables) | 6 Months Ended |
Jun. 30, 2024 | |
Debt Disclosure [Abstract] | |
Schedule of Long-Term Debt Instruments | The following table shows the Company's outstanding debt as of June 30, 2024 and December 31, 2023: Liability June 30, 2024 December 31, 2023 Total Commitment Balance Outstanding Unused Commitment Total Commitment Balance Outstanding Unused Commitment Revolving Credit Facility $ 250,000 $ 68,500 $ 181,500 $ 250,000 $ 87,500 $ 162,500 2027 Notes 75,000 75,000 — 75,000 75,000 — Total $ 325,000 $ 143,500 $ 181,500 $ 325,000 $ 162,500 $ 162,500 Interest expense on these borrowings includes the interest cost charged on borrowings, the unused fee on the Credit Facility (as defined below), paying and administrative agent fees, and the amortization of deferred Credit Facility fees and expenses. These expenses are shown in the table below: For the Three Months Ended June 30, For the Six Months Ended June 30, Interest Expense and Amortization of Fees (in thousands) 2024 2023 2024 2023 Revolving Credit Facility Interest cost $ 2,354 $ 2,540 $ 4,435 $ 4,913 Unused fee 203 264 409 529 Amortization of costs and other fees 245 323 495 515 Revolving Credit Facility Total $ 2,802 $ 3,127 $ 5,339 $ 5,957 2027 Notes Interest cost $ 1,099 $ 1,099 $ 2,198 $ 2,198 Amortization of costs and other fees 46 43 90 85 2027 Notes Total $ 1,145 $ 1,142 $ 2,288 $ 2,283 Total interest expense and amortization of fees $ 3,947 $ 4,269 $ 7,627 $ 8,240 |
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments | The following table shows additional information about the level in the fair value hierarchy of the Company’s liabilities as of June 30, 2024 and December 31, 2023: Liability June 30, 2024 December 31, 2023 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Credit Facility $ — $ — $ 68,500 $ 68,500 $ — $ — $ 87,500 $ 87,500 2027 Notes — — 70,996 70,996 — — 71,333 71,333 Total $ — $ — $ 139,496 $ 139,496 $ — $ — $ 158,833 $ 158,833 |
Commitment and Contingencies (T
Commitment and Contingencies (Tables) | 6 Months Ended |
Jun. 30, 2024 | |
Commitments and Contingencies Disclosure [Abstract] | |
Schedule of Financial Support For Nonconsolidated Entity | The following table shows the Company’s unfunded commitments by portfolio company as of June 30, 2024 and December 31, 2023: June 30, 2024 December 31, 2023 Unfunded Commitments (1) (in thousands) Unfunded Commitments Fair Value of Unfunded Commitment Liability Unfunded Commitments Fair Value of Unfunded Commitment Liability Activehours, Inc. $ 10,000 $ 41 $ 10,000 $ — Etched.ai, Inc. 10,000 350 — — Karat Financial Technologies, Inc. 6,719 84 6,719 84 Cresta Intelligence, Inc. 5,000 16 — — Machinify, Inc. 5,000 58 5,000 58 Luxury Presence, Inc. 4,500 63 6,000 65 Thoughtful Automation, Inc. 4,061 39 — — JOKR 3,748 238 3,748 238 Headout Inc. 2,649 20 — — Earth Funeral Group, Inc. 2,570 66 — — Overtime Sports, Inc. 1,143 8 1,143 8 Substack, Inc. 1,000 13 1,000 13 Highbeam, Inc. 948 4 813 10 Idelic, Inc. 400 4 1,200 7 Flashparking, Inc. 250 1 — — Worldwide Freight Logistics Ltd. 191 4 345 10 Ephemeral Solutions, Inc. 44 1 — — Dance GmbH — 8 — — Encore Music Technologies, Inc. — 2 — 1 Perry Health, Inc. — — 8,000 97 Ever/Body Inc. — — 6,200 102 Prose Beauty, Inc. — — 6,000 215 Placemakr, Inc. — — 5,000 168 Parsable, Inc. — — 2,667 37 Firemaps, Inc. — — 2,000 43 FireHydrant, Inc. — — 1,200 29 McN Investments Ltd. — — 1,000 5 Pair Eyewear, Inc. — — 1,000 10 Tempus Ex Machina, Inc. — — 1,000 — Virtual Facility, Inc. — — 1,000 — Construction Finance Corporation — — 575 10 OnSiteIQ, Inc. — — 334 5 Forum Brands, LLC — — 147 5 Allplants LTD — — 102 4 Total $ 58,223 $ 1,020 $ 72,193 $ 1,224 _______________ (1) As of June 30, 2024 and December 31, 2023, the Company did not have any backlog of potential future commitments. Refer to the “Backlog of Potential Future Commitments” below. |
Schedule of Level 3 Commitment Liabilities | The following table shows additional details regarding the Company's unfunded commitment activity for the periods presented: For the Three Months Ended June 30, For the Six Months Ended June 30, Commitments Activity (in thousands) 2024 2023 2024 2023 Unfunded commitments at beginning of period (1) $ 50,716 $ 105,430 $ 72,193 $ 142,102 New commitments (1) 44,302 57,776 68,438 69,220 Fundings (32,996) (45,413) (61,602) (59,724) Expirations / Terminations (3,800) (29,692) (20,803) (63,606) Foreign currency adjustments 1 37 (3) 146 Unfunded commitments and backlog of potential future commitments at end of period $ 58,223 $ 88,138 $ 58,223 $ 88,138 Backlog of potential future commitments — — — — Unfunded commitments at end of period $ 58,223 $ 88,138 $ 58,223 $ 88,138 _______________ (1) Includes backlog of potential future commitments. Refer to the “Backlog of Potential Future Commitments” below. |
Schedule of Contractual Obligation, Fiscal Year Maturity | The following table shows additional information on the Company’s unfunded commitments regarding milestones and expirations as of June 30, 2024 and December 31, 2023: Unfunded Commitments (1) (in thousands) June 30, 2024 December 31, 2023 Dependent on milestones $ 44 $ 6,300 Expiring during: 2024 31,050 64,331 2025 16,923 7,862 2026 10,250 — Unfunded commitments $ 58,223 $ 72,193 _______________ (1) Does not include backlog of potential future commitments. Refer to the “Backlog of Potential Future Commitments” below. |
Financial Highlights (Tables)
Financial Highlights (Tables) | 6 Months Ended |
Jun. 30, 2024 | |
Investment Company [Abstract] | |
Schedule of Financial Highlights | The following table shows the financial highlights for the six months ended June 30, 2024 and 2023: For the Six Months Ended June 30, Financial Highlights 2024 2023 Per Share Data (1) Net asset value at beginning of period $ 12.24 $ 14.00 Changes in net asset value due to: Net investment income 0.81 1.10 Net realized gains/(losses) on investments (0.29) (0.91) Net change in unrealized losses on investments (0.16) (0.28) Distributions to common shareholders (0.47) (0.42) Net asset value at end of period $ 12.13 $ 13.49 Net investment income per common share 0.81 $ 1.10 Net increase in net assets resulting from operations per common share $ 0.35 $ (0.08) Weighted average shares of common stock outstanding for period 23,689,363 20,297,200 Shares of common stock outstanding at end of period 23,689,363 20,297,200 Ratios / Supplemental Data (2) Net asset value at end of period $ 287,812 $ 274,396 Average net asset value $ 290,657 $ 287,785 Total return based on net asset value per share (3) 2.9 % (0.6) % Net investment income to average net asset value (4) 13.4 % 15.6 % Net increase in net assets to average net asset value (4) 5.8 % (1.2) % Ratio of expenses to average net asset value (4) 9.3 % 9.1 % Operating expenses excluding incentive fees to average net asset value (4) 9.3 % 9.1 % _____________ (1) All per share activity is calculated based on the weighted average common shares outstanding for the relevant period, except net increase (decrease) in net assets from capital share transactions, which is based on the common shares outstanding as of the relevant balance sheet date. (2) NAV used in ratios represents NAV to common shareholders and excludes preferred shareholders’ equity. (3) Total return based on NAV is the change in ending NAV per common share plus distributions per common share paid during the period by the beginning NAV per common share. Total return does not reflect sales charges that may be incurred by stockholders. The total return is for the period presented and is not annualized. (4) Percentage is presented on an annualized basis. The following table shows the weighted average portfolio yield on debt investments for the six months ended June 30, 2024 and 2023: For the Six Months Ended June 30, Ratios (Percentages, on an annualized basis) (1) 2024 2023 Weighted average portfolio yield on debt investments (2) 15.6 % 16.4 % Coupon income 11.8 % 12.7 % Accretion of discount 1.0 % 1.4 % Accretion of end-of-term payments 1.7 % 1.9 % Impact of prepayments during the period 1.1 % 0.4 % _____________ (1) Weighted average portfolio yields on debt investments for periods shown are the annualized rates of interest income recognized during the period divided by the average amortized cost of debt investments in the portfolio during the period. The calculation of weighted average portfolio yields on debt investments excludes any non-income producing debt investments, but includes debt investments on non-accrual status. The weighted average yields reported for these periods are annualized and reflect the weighted average yields to maturities. (2) The weighted average portfolio yields on debt investments reflected above do not represent actual investment returns to the Company's shareholders. |
Net Increase in Net Assets pe_2
Net Increase in Net Assets per Share (Tables) | 6 Months Ended |
Jun. 30, 2024 | |
Earnings Per Share [Abstract] | |
Schedule of Earnings Per Share, Basic and Diluted | The following table shows the computation of basic and diluted net increase (decrease) in net assets per common share for the periods presented: For the Three Months Ended June 30, For the Six Months Ended June 30, Basic and Diluted Share Information (in thousands, except share and per share data) 2024 2023 2024 2023 Net investment income $ 9,668 $ 10,992 $ 19,306 $ 22,328 Net increase (decrease) in net assets resulting from operations 4,655 $ (8,264) 8,436 (1,682) Basic and diluted weighted average shares of common stock outstanding 23,689,363 20,297,200 23,689,363 20,297,200 Basic and diluted net investment income per share of common stock $ 0.41 $ 0.54 $ 0.81 $ 1.10 Basic and diluted net increase (decrease) in net assets resulting from operations per share of common stock $ 0.20 $ (0.41) $ 0.35 $ (0.08) |
Common Distributions (Tables)
Common Distributions (Tables) | 6 Months Ended |
Jun. 30, 2024 | |
Equity [Abstract] | |
Schedule of Dividends Declared | The following table shows the Company’s cash distributions per common share that have been authorized by the Board since commencement of operations to June 30, 2024: Date Declared Record Date Payment Date Per Share Amount November 12, 2020 November 13, 2020 November 20, 2020 $ 0.15 December 21, 2020 December 22, 2020 December 30, 2020 0.30 December 21, 2020 December 22, 2020 December 30, 2020 0.14 (1) May 12, 2021 May 13, 2021 May 19, 2021 0.30 August 11, 2021 August 13, 2021 August 27, 2021 0.30 October 29, 2021 November 1, 2021 November 12, 2021 0.30 December 8, 2021 December 10, 2021 December 29, 2021 0.30 December 8, 2021 December 10, 2021 December 29, 2021 0.10 (2) April 28, 2022 May 13, 2022 May 19, 2022 0.33 July 26, 2022 August 5, 2022 August 26, 2022 0.40 October 28, 2022 November 1, 2022 November 11, 2022 0.40 December 9, 2022 December 15, 2022 December 30, 2022 0.40 December 9, 2022 December 15, 2022 December 30, 2022 0.10 (2) April 27, 2023 May 12, 2023 May 19, 2023 0.42 July 27, 2023 August 4, 2023 August 25, 2023 0.42 October 27, 2023 October 30, 2023 November 15, 2023 0.47 December 5, 2023 December 12, 2023 December 29, 2023 0.47 December 5, 2023 December 12, 2023 December 29, 2023 0.12 (2) April 25, 2024 April 29, 2024 May 17, 2024 0.47 Total cash distributions $ 5.89 _____________ (1) Represents a special distribution sourced from net realized short-term capital gains. (2) Represents a special distribution sourced from net investment income. |
Organization (Details)
Organization (Details) | Jun. 30, 2024 subsidiary |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Number of subsidiaries | 2 |
Related Party Agreements and _3
Related Party Agreements and Transactions - Narrative (Details) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2024 USD ($) component | Jun. 30, 2023 USD ($) | Jun. 30, 2024 USD ($) component | Jun. 30, 2023 USD ($) | |
Related Party Transaction [Line Items] | ||||
Administration agreement expenses | $ | $ 590 | $ 484 | $ 1,172 | $ 966 |
Investment Management Agreement | Affiliated Entity | ||||
Related Party Transaction [Line Items] | ||||
Number of components | component | 2 | 2 | ||
Advisory Agreement | Affiliated Entity | ||||
Related Party Transaction [Line Items] | ||||
Base management fee percentage | 1.75% | |||
Investment Management Agreement - Incentive Rate, Pre-Incentive Fee Net Investment Income | Affiliated Entity | ||||
Related Party Transaction [Line Items] | ||||
Incentive fee percentage | 20% | |||
Investment Management Agreement - Incentive Rate, Quarterly Hurdle Rate | Affiliated Entity | ||||
Related Party Transaction [Line Items] | ||||
Incentive fee percentage | 2% | |||
Investment Management Agreement - Incentive Rate, Annualized Hurdle Rate | Affiliated Entity | ||||
Related Party Transaction [Line Items] | ||||
Incentive fee percentage | 8% | |||
Investment Management Agreement - Incentive Rate, Quarterly Catch-Up Threshold | Affiliated Entity | ||||
Related Party Transaction [Line Items] | ||||
Incentive fee percentage | 2.50% | |||
Investment Management Agreement - Incentive Rate, Pre-Incentive Fee Net Investment Income Exceeds Catch-Up Threshold | Affiliated Entity | ||||
Related Party Transaction [Line Items] | ||||
Incentive fee percentage | 20% | |||
Investment Management Agreement - Incentive Rate, Realized Capital Gains, Net | Affiliated Entity | ||||
Related Party Transaction [Line Items] | ||||
Incentive fee percentage | 20% |
Related Party Agreements and _4
Related Party Agreements and Transactions - Schedule of Management and Incentive Fees (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | |
Related Party Transactions [Abstract] | ||||
Base management fee | $ 1,548 | $ 1,363 | $ 3,095 | $ 2,711 |
Income incentive fee | 0 | 0 | 0 | 0 |
Capital gains incentive fee | $ 0 | $ 0 | $ 0 | $ 0 |
Investments - Narrative (Detail
Investments - Narrative (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | |
Schedule of Investments [Abstract] | ||||
Percent of the investment portfolio that will receive valuation recommendations from a third party valuation firm each quarter | 25% | |||
Period from date of investment when each new portfolio investment will be reviewed by a third party valuation firm | 12 months | |||
Investment holdings percent of gross assets where third party valuation is not required (less than) | 1% | |||
Aggregated investment holdings percent of gross assets where third party valuation is not required | 10% | |||
Net realized losses on investments | $ 3,347 | $ 19,027 | $ 6,978 | $ 18,524 |
Net change in unrealized losses on investments | $ (1,700) | $ (200) | $ (3,892) | $ (5,500) |
Investments - Investments Measu
Investments - Investments Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | [1] | $ 382,206 | [2] | $ 400,195 | [3],[4] |
Derivative instruments | (64) | (430) | |||
Total investments, including derivative instruments | 382,142 | 399,765 | |||
Debt Investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | 353,000 | 375,025 | |||
Warrant Investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | 18,378 | 16,915 | |||
Equity Investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | 10,828 | 8,255 | |||
Level 1 | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | 0 | 0 | |||
Derivative instruments | 0 | 0 | |||
Total investments, including derivative instruments | 0 | 0 | |||
Level 1 | Debt Investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | 0 | 0 | |||
Level 1 | Warrant Investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | 0 | 0 | |||
Level 1 | Equity Investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | 0 | 0 | |||
Level 2 | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | 0 | 0 | |||
Derivative instruments | (64) | (430) | |||
Total investments, including derivative instruments | (64) | (430) | |||
Level 2 | Debt Investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | 0 | 0 | |||
Level 2 | Warrant Investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | 0 | 0 | |||
Level 2 | Equity Investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | 0 | 0 | |||
Level 3 | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | 382,206 | 400,195 | |||
Derivative instruments | 0 | 0 | |||
Total investments, including derivative instruments | 382,206 | 400,195 | |||
Level 3 | Debt Investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | 353,000 | 375,025 | |||
Level 3 | Warrant Investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | 18,378 | 16,915 | |||
Level 3 | Equity Investments | |||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Total portfolio company investments | $ 10,828 | $ 8,255 | |||
[1] All investments were valued at fair value using Level 3 significant unobservable inputs as determined in good faith by the Company’s board of directors (the “Board”). The Company generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). Unless otherwise indicated, all of the Company’s portfolio company investments are subject to restrictions on sales. As of June 30, 2024, the Company’s portfolio company investments that were subject to restrictions on sales totaled $382.2 million at fair value and represented 132.8% of the Company’s net assets. In addition, unless otherwise indicated, as of June 30, 2024, all investments are pledged as collateral as part of the Company’s revolving credit facility. Non-income producing investments. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act. Unless otherwise indicated, all of the Company’s portfolio company investments are subject to restrictions on sales. As of December 31, 2023, the Company’s portfolio company investments that were subject to restrictions on sales totaled $400.2 million at fair value and represented 137.7% of the Company’s net assets. In addition, unless otherwise indicated, as of December 31, 2023, all investments are pledged as collateral as part of the Company’s revolving credit facility. |
Investments - Rollforward of Le
Investments - Rollforward of Level 3 Investments Measured at Fair Value (Details) - USD ($) $ in Thousands | 6 Months Ended | |
Jun. 30, 2024 | Jun. 30, 2023 | |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Fair value, beginning balance | $ 400,195 | $ 441,369 |
Funding and purchases of investments, at cost | 63,242 | 60,918 |
Principal payments and sale proceeds received from investments | (75,002) | (34,412) |
Transfers between investments | 0 | |
Gross transfers out of Level 3 | 0 | 0 |
Fair value, ending balance | $ 382,206 | $ 448,085 |
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Net change in unrealized losses on investments | Net change in unrealized losses on investments |
Net change in unrealized gains (losses) on Level 3 investments held | $ (5,559) | $ (11,775) |
Amortization and accretion of premiums and discounts, net and end-of term payments | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | $ 3,049 | $ 3,695 |
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Interest expense and amortization of fees | Interest expense and amortization of fees |
Realized losses on investments | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | $ (6,811) | $ (19,670) |
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Net realized losses on investments | Net realized losses on investments |
Net change in unrealized gains (losses) included in earnings | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | $ (4,259) | $ (5,594) |
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Net change in unrealized losses on investments | Net change in unrealized losses on investments |
Payment-in-kind coupon | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | $ 1,792 | $ 1,779 |
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Interest income from investments | Interest income from investments |
Debt Investments | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Fair value, beginning balance | $ 375,025 | $ 413,558 |
Funding and purchases of investments, at cost | 59,341 | 59,057 |
Principal payments and sale proceeds received from investments | (74,996) | (34,412) |
Transfers between investments | (611) | |
Gross transfers out of Level 3 | 0 | 0 |
Fair value, ending balance | 353,000 | 421,347 |
Net change in unrealized gains (losses) on Level 3 investments held | (5,670) | (10,427) |
Debt Investments | Amortization and accretion of premiums and discounts, net and end-of term payments | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | 3,049 | 3,695 |
Debt Investments | Realized losses on investments | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | (6,443) | (18,083) |
Debt Investments | Net change in unrealized gains (losses) included in earnings | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | (4,157) | (4,247) |
Debt Investments | Payment-in-kind coupon | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | 1,792 | 1,779 |
Warrant Investments | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Fair value, beginning balance | 16,915 | 18,445 |
Funding and purchases of investments, at cost | 1,958 | 1,081 |
Principal payments and sale proceeds received from investments | (6) | 0 |
Transfers between investments | (26) | |
Gross transfers out of Level 3 | 0 | 0 |
Fair value, ending balance | 18,378 | 17,610 |
Net change in unrealized gains (losses) on Level 3 investments held | 118 | (830) |
Warrant Investments | Amortization and accretion of premiums and discounts, net and end-of term payments | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | 0 | 0 |
Warrant Investments | Realized losses on investments | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | (368) | (1,087) |
Warrant Investments | Net change in unrealized gains (losses) included in earnings | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | (95) | (829) |
Warrant Investments | Payment-in-kind coupon | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | 0 | 0 |
Equity Investments | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Fair value, beginning balance | 8,255 | 9,366 |
Funding and purchases of investments, at cost | 1,943 | 780 |
Principal payments and sale proceeds received from investments | 0 | 0 |
Transfers between investments | 637 | |
Gross transfers out of Level 3 | 0 | 0 |
Fair value, ending balance | 10,828 | 9,128 |
Net change in unrealized gains (losses) on Level 3 investments held | (7) | (518) |
Equity Investments | Amortization and accretion of premiums and discounts, net and end-of term payments | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | 0 | 0 |
Equity Investments | Realized losses on investments | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | 0 | (500) |
Equity Investments | Net change in unrealized gains (losses) included in earnings | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | (7) | (518) |
Equity Investments | Payment-in-kind coupon | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gain (loss) included in earnings | 0 | 0 |
Investments | ||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
Gross transfers out of Level 3 | $ 0 | $ 0 |
Investments - Quantitative Info
Investments - Quantitative Information About the Level 3 Fair Value Measurements (Details) $ in Thousands | Jun. 30, 2024 USD ($) year | Dec. 31, 2023 USD ($) year | |||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Fair Value | [1] | $ 382,206 | [2] | $ 400,195 | [3],[4] |
Debt Investments | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Fair Value | 353,000 | 375,025 | |||
Warrant Investments | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Fair Value | 18,378 | 16,915 | |||
Equity Investments | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Fair Value | 10,828 | 8,255 | |||
Level 3 | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Fair Value | 382,206 | 400,195 | |||
Level 3 | Debt Investments | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Fair Value | 353,000 | 375,025 | |||
Level 3 | Debt Investments | Discounted Cash Flows | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Fair Value | $ 337,639 | $ 366,489 | |||
Level 3 | Debt Investments | Discounted Cash Flows | Minimum | Discount Rate | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.1127 | 0.1171 | |||
Level 3 | Debt Investments | Discounted Cash Flows | Maximum | Discount Rate | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.4244 | 0.4409 | |||
Level 3 | Debt Investments | Discounted Cash Flows | Weighted Average | Discount Rate | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.1888 | 0.1976 | |||
Level 3 | Debt Investments | Probability-Weighted Expected Return Method | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Fair Value | $ 15,361 | $ 8,536 | |||
Level 3 | Debt Investments | Probability-Weighted Expected Return Method | Minimum | Probability Weighting of Alternative Outcomes | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0 | 0.3000 | |||
Level 3 | Debt Investments | Probability-Weighted Expected Return Method | Maximum | Probability Weighting of Alternative Outcomes | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 1 | 1 | |||
Level 3 | Debt Investments | Probability-Weighted Expected Return Method | Weighted Average | Probability Weighting of Alternative Outcomes | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.8937 | 0.7226 | |||
Level 3 | Warrant Investments | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Fair Value | $ 18,378 | $ 16,915 | |||
Level 3 | Warrant Investments | Black Scholes Option Pricing Model | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Fair Value | $ 18,378 | $ 16,915 | |||
Level 3 | Warrant Investments | Black Scholes Option Pricing Model | Minimum | Revenue Multiples | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.4 | 0.18 | |||
Level 3 | Warrant Investments | Black Scholes Option Pricing Model | Minimum | Volatility | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.3500 | 0.4500 | |||
Level 3 | Warrant Investments | Black Scholes Option Pricing Model | Minimum | Term | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | year | 0.50 | 0.50 | |||
Level 3 | Warrant Investments | Black Scholes Option Pricing Model | Minimum | Risk Free Rate | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.0017 | 0.0017 | |||
Level 3 | Warrant Investments | Black Scholes Option Pricing Model | Maximum | Revenue Multiples | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 56.9 | 56.9 | |||
Level 3 | Warrant Investments | Black Scholes Option Pricing Model | Maximum | Volatility | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.9000 | 0.9000 | |||
Level 3 | Warrant Investments | Black Scholes Option Pricing Model | Maximum | Term | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | year | 5.50 | 5.50 | |||
Level 3 | Warrant Investments | Black Scholes Option Pricing Model | Maximum | Risk Free Rate | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.0503 | 0.0503 | |||
Level 3 | Warrant Investments | Black Scholes Option Pricing Model | Weighted Average | Revenue Multiples | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 5.55 | 6.91 | |||
Level 3 | Warrant Investments | Black Scholes Option Pricing Model | Weighted Average | Volatility | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.6360 | 0.6507 | |||
Level 3 | Warrant Investments | Black Scholes Option Pricing Model | Weighted Average | Term | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | year | 3.45 | 3.47 | |||
Level 3 | Warrant Investments | Black Scholes Option Pricing Model | Weighted Average | Risk Free Rate | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.0298 | 0.0293 | |||
Level 3 | Equity Investments | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Fair Value | $ 10,828 | $ 8,255 | |||
Level 3 | Equity Investments | Black Scholes Option Pricing Model | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Fair Value | $ 10,828 | $ 8,255 | |||
Level 3 | Equity Investments | Black Scholes Option Pricing Model | Minimum | Revenue Multiples | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.7 | 1.09 | |||
Level 3 | Equity Investments | Black Scholes Option Pricing Model | Minimum | Volatility | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.5000 | 0.5000 | |||
Level 3 | Equity Investments | Black Scholes Option Pricing Model | Minimum | Term | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | year | 1.75 | 1.75 | |||
Level 3 | Equity Investments | Black Scholes Option Pricing Model | Minimum | Risk Free Rate | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.0046 | 0.0046 | |||
Level 3 | Equity Investments | Black Scholes Option Pricing Model | Maximum | Revenue Multiples | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 11 | 14 | |||
Level 3 | Equity Investments | Black Scholes Option Pricing Model | Maximum | Volatility | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.8500 | 0.8500 | |||
Level 3 | Equity Investments | Black Scholes Option Pricing Model | Maximum | Term | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | year | 4 | 4 | |||
Level 3 | Equity Investments | Black Scholes Option Pricing Model | Maximum | Risk Free Rate | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.0486 | 0.0486 | |||
Level 3 | Equity Investments | Black Scholes Option Pricing Model | Weighted Average | Revenue Multiples | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 3.8 | 4.94 | |||
Level 3 | Equity Investments | Black Scholes Option Pricing Model | Weighted Average | Volatility | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.6187 | 0.5960 | |||
Level 3 | Equity Investments | Black Scholes Option Pricing Model | Weighted Average | Term | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | year | 3.18 | 3.28 | |||
Level 3 | Equity Investments | Black Scholes Option Pricing Model | Weighted Average | Risk Free Rate | |||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | |||||
Measurement input | 0.0312 | 0.0304 | |||
[1] All investments were valued at fair value using Level 3 significant unobservable inputs as determined in good faith by the Company’s board of directors (the “Board”). The Company generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). Unless otherwise indicated, all of the Company’s portfolio company investments are subject to restrictions on sales. As of June 30, 2024, the Company’s portfolio company investments that were subject to restrictions on sales totaled $382.2 million at fair value and represented 132.8% of the Company’s net assets. In addition, unless otherwise indicated, as of June 30, 2024, all investments are pledged as collateral as part of the Company’s revolving credit facility. Non-income producing investments. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act. Unless otherwise indicated, all of the Company’s portfolio company investments are subject to restrictions on sales. As of December 31, 2023, the Company’s portfolio company investments that were subject to restrictions on sales totaled $400.2 million at fair value and represented 137.7% of the Company’s net assets. In addition, unless otherwise indicated, as of December 31, 2023, all investments are pledged as collateral as part of the Company’s revolving credit facility. |
Investments - Fair Value and Lo
Investments - Fair Value and Location of Derivative Instruments (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 |
Derivative [Line Items] | ||
Foreign currency forward contracts | $ 3 | $ 0 |
Foreign currency forward contracts | (67) | (430) |
Not Designated as Hedging Instrument | ||
Derivative [Line Items] | ||
Foreign currency forward contracts | (64) | |
Foreign currency forward contracts | (430) | |
Not Designated as Hedging Instrument | Other accrued expenses and liabilities | Foreign currency forward contracts | ||
Derivative [Line Items] | ||
Foreign currency forward contracts | (67) | |
Foreign currency forward contracts | (430) | |
Not Designated as Hedging Instrument | Prepaid expenses and other assets | Foreign currency forward contracts | ||
Derivative [Line Items] | ||
Foreign currency forward contracts | $ 3 | |
Foreign currency forward contracts | $ 0 |
Investments - Gains and Losses
Investments - Gains and Losses on Derivative Instruments (Details) - Not Designated as Hedging Instrument - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | |
Derivative [Line Items] | ||||
Net realized and unrealized gains and losses on derivative instruments | $ 10 | $ 0 | $ 150 | $ 0 |
Foreign currency forward contracts | Net realized losses on investments | ||||
Derivative [Line Items] | ||||
Net realized and unrealized gains and losses on derivative instruments | 113 | 0 | (216) | 0 |
Foreign currency forward contracts | Net change in unrealized losses on investments | ||||
Derivative [Line Items] | ||||
Net realized and unrealized gains and losses on derivative instruments | $ (103) | $ 0 | $ 366 | $ 0 |
Investments - Offsetting of Der
Investments - Offsetting of Derivative Instruments (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 |
Offsetting Assets [Line Items] | ||
Derivative Assets Subject to Master Netting Agreement | $ 3 | $ 0 |
Derivatives Available for Offset | 0 | 0 |
Non-cash Collateral Received | 0 | 0 |
Cash Collateral Received | 0 | 0 |
Net Amount of Derivative Assets | 3 | 0 |
Derivative Liabilities Subject to Master Netting Agreement | (67) | (430) |
Derivatives Available for Offset | 0 | 0 |
Non-cash Collateral Received | 0 | 0 |
Cash Collateral Received | 0 | 0 |
Derivative instruments | (67) | (430) |
Zions Bancorporation, N.A. | ||
Offsetting Assets [Line Items] | ||
Derivative Assets Subject to Master Netting Agreement | 3 | 0 |
Derivatives Available for Offset | 0 | 0 |
Non-cash Collateral Received | 0 | 0 |
Cash Collateral Received | 0 | 0 |
Net Amount of Derivative Assets | 3 | 0 |
Derivative Liabilities Subject to Master Netting Agreement | (67) | (430) |
Derivatives Available for Offset | 0 | 0 |
Non-cash Collateral Received | 0 | 0 |
Cash Collateral Received | 0 | 0 |
Derivative instruments | $ (67) | $ (430) |
Borrowings - Schedule of Debt (
Borrowings - Schedule of Debt (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 |
Debt Instrument [Line Items] | ||
Total Commitment | $ 325,000 | $ 325,000 |
Balance Outstanding | 143,500 | 162,500 |
Unused Commitment | 181,500 | 162,500 |
Revolving Credit Facility | Revolving Credit Facility | Revolving Credit Facility | ||
Debt Instrument [Line Items] | ||
Total Commitment | 250,000 | 250,000 |
Balance Outstanding | 68,500 | 87,500 |
Unused Commitment | 181,500 | 162,500 |
2027 Notes | 2027 Notes | ||
Debt Instrument [Line Items] | ||
Total Commitment | 75,000 | 75,000 |
Balance Outstanding | 75,000 | 75,000 |
Unused Commitment | $ 0 | $ 0 |
Borrowings - Schedule of Intere
Borrowings - Schedule of Interest Expense and Amortization Fees (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | |
Debt Instrument [Line Items] | ||||
Amortization of costs and other fees | $ 576 | $ 607 | ||
Total interest expense and amortization of fees | $ 3,947 | $ 4,269 | 7,627 | 8,240 |
Revolving Credit Facility | Revolving Credit Facility | Revolving Credit Facility | ||||
Debt Instrument [Line Items] | ||||
Interest cost | 2,354 | 2,540 | 4,435 | 4,913 |
Unused fee | 203 | 264 | 409 | 529 |
Amortization of costs and other fees | 245 | 323 | 495 | 515 |
Total interest expense and amortization of fees | 2,802 | 3,127 | 5,339 | 5,957 |
2027 Notes | 2027 Notes | ||||
Debt Instrument [Line Items] | ||||
Interest cost | 1,099 | 1,099 | 2,198 | 2,198 |
Amortization of costs and other fees | 46 | 43 | 90 | 85 |
Total interest expense and amortization of fees | $ 1,145 | $ 1,142 | $ 2,288 | $ 2,283 |
Borrowings - Narrative (Details
Borrowings - Narrative (Details) | 3 Months Ended | 6 Months Ended | ||||
Apr. 06, 2022 USD ($) | Jun. 30, 2024 USD ($) lender | Jun. 30, 2023 USD ($) | Jun. 30, 2024 USD ($) lender | Jun. 30, 2023 USD ($) | Dec. 31, 2023 USD ($) | |
Debt Instrument [Line Items] | ||||||
Commitments available, net | $ 325,000,000 | $ 325,000,000 | $ 325,000,000 | |||
Revolving credit facility | 68,500,000 | 68,500,000 | 87,500,000 | |||
Deferred credit facility costs | 2,503,000 | 2,503,000 | 2,988,000 | |||
Total | 139,496,000 | 139,496,000 | 158,833,000 | |||
Level 3 | ||||||
Debt Instrument [Line Items] | ||||||
Total | 139,496,000 | 139,496,000 | 158,833,000 | |||
2027 Notes | Unsecured Debt | ||||||
Debt Instrument [Line Items] | ||||||
Face amount | $ 75,000,000 | |||||
Interest rate | 5.86% | |||||
2027 Notes | 2027 Notes | ||||||
Debt Instrument [Line Items] | ||||||
Commitments available, net | 75,000,000 | 75,000,000 | 75,000,000 | |||
Aggregate principal balance, secured status threshold | $ 25,000,000 | |||||
Asset coverage ratio, minimum | 1.50 | |||||
Interest coverage ratio, minimum | 1.25 | |||||
Minimum stockholders' equity balance | $ 142,800,000 | |||||
Upward adjustment, percent of issuance proceeds | 65% | |||||
Deferred issuance costs | 600,000 | 600,000 | 600,000 | |||
Debt term | 5 years | |||||
Total | 70,996,000 | 70,996,000 | 71,333,000 | |||
2027 Notes | 2027 Notes | Level 3 | ||||||
Debt Instrument [Line Items] | ||||||
Total | 70,996,000 | 70,996,000 | 71,333,000 | |||
2027 Notes | 2027 Notes | Internal Noninvestment Grade | ||||||
Debt Instrument [Line Items] | ||||||
Interest rate | 6.86% | |||||
Revolving Credit Facility | Revolving Credit Facility | Revolving Credit Facility | ||||||
Debt Instrument [Line Items] | ||||||
Commitments available, net | $ 250,000,000 | $ 250,000,000 | 250,000,000 | |||
Number of lenders | lender | 4 | 4 | ||||
Accordion feature, higher borrowing capacity option | $ 400,000,000 | $ 400,000,000 | ||||
Advance rate | 55% | |||||
Debt instrument, variable interest rate, type flag | Secured Overnight Financing Rate (SOFR) [Member] | |||||
Basis spread on variable rate | 0.50% | |||||
Revolving credit facility | 68,500,000 | $ 68,500,000 | 87,500,000 | |||
Deferred credit facility costs | 2,500,000 | 2,500,000 | 3,000,000 | |||
Credit facility, average outstanding borrowings | $ 89,000,000 | $ 110,600,000 | $ 88,300,000 | $ 109,800,000 | ||
Credit facility, average interest rate | 8.57% | 8.25% | 8.58% | 8.07% | ||
Assets pledged as collateral | $ 236,600,000 | $ 236,600,000 | 255,000,000 | |||
Total | 68,500,000 | 68,500,000 | 87,500,000 | |||
Revolving Credit Facility | Revolving Credit Facility | Revolving Credit Facility | Level 3 | ||||||
Debt Instrument [Line Items] | ||||||
Total | $ 68,500,000 | $ 68,500,000 | $ 87,500,000 | |||
Revolving Credit Facility | Revolving Credit Facility | Revolving Credit Facility | Revolving Period | ||||||
Debt Instrument [Line Items] | ||||||
Basis spread on variable rate | 3.25% | |||||
Revolving Credit Facility | Revolving Credit Facility | Revolving Credit Facility | Amortization Period | ||||||
Debt Instrument [Line Items] | ||||||
Basis spread on variable rate | 4.25% |
Borrowings - Schedule of Debt F
Borrowings - Schedule of Debt Fair Value (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 |
Debt Instrument [Line Items] | ||
Total | $ 139,496 | $ 158,833 |
Level 1 | ||
Debt Instrument [Line Items] | ||
Total | 0 | 0 |
Level 2 | ||
Debt Instrument [Line Items] | ||
Total | 0 | 0 |
Level 3 | ||
Debt Instrument [Line Items] | ||
Total | 139,496 | 158,833 |
2027 Notes | 2027 Notes | ||
Debt Instrument [Line Items] | ||
Total | 70,996 | 71,333 |
2027 Notes | Level 1 | 2027 Notes | ||
Debt Instrument [Line Items] | ||
Total | 0 | 0 |
2027 Notes | Level 2 | 2027 Notes | ||
Debt Instrument [Line Items] | ||
Total | 0 | 0 |
2027 Notes | Level 3 | 2027 Notes | ||
Debt Instrument [Line Items] | ||
Total | 70,996 | 71,333 |
Revolving Credit Facility | Revolving Credit Facility | Revolving Credit Facility | ||
Debt Instrument [Line Items] | ||
Total | 68,500 | 87,500 |
Revolving Credit Facility | Revolving Credit Facility | Level 1 | Revolving Credit Facility | ||
Debt Instrument [Line Items] | ||
Total | 0 | 0 |
Revolving Credit Facility | Revolving Credit Facility | Level 2 | Revolving Credit Facility | ||
Debt Instrument [Line Items] | ||
Total | 0 | 0 |
Revolving Credit Facility | Revolving Credit Facility | Level 3 | Revolving Credit Facility | ||
Debt Instrument [Line Items] | ||
Total | $ 68,500 | $ 87,500 |
Commitment and Contingencies -
Commitment and Contingencies - Narrative (Details) $ in Thousands | Jun. 30, 2024 USD ($) company | Dec. 31, 2023 USD ($) company | Jun. 30, 2023 USD ($) |
Commitments and Contingencies Disclosure [Abstract] | |||
Unfunded commitments at end of period | $ 58,223 | $ 72,193 | $ 88,138 |
Number of portfolio companies | company | 17 | 25 | |
Unavailable commitments due to milestone restrictions | $ 44 | $ 6,300 | |
Backlog of potential future commitments | $ 0 | $ 0 | $ 0 |
Commitment and Contingencies _2
Commitment and Contingencies - Unfunded Commitments (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 | Jun. 30, 2023 |
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | $ 58,223 | $ 72,193 | $ 88,138 |
Fair Value of Unfunded Commitment Liability | 1,020 | 1,224 | |
Investment, Identifier [Axis]: Activehours, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 10,000 | 10,000 | |
Fair Value of Unfunded Commitment Liability | 41 | 0 | |
Investment, Identifier [Axis]: Allplants LTD | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 102 | |
Fair Value of Unfunded Commitment Liability | 0 | 4 | |
Investment, Identifier [Axis]: Construction Finance Corporation | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 575 | |
Fair Value of Unfunded Commitment Liability | 0 | 10 | |
Investment, Identifier [Axis]: Cresta Intelligence, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 5,000 | 0 | |
Fair Value of Unfunded Commitment Liability | 16 | 0 | |
Investment, Identifier [Axis]: Dance GmbH | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 0 | |
Fair Value of Unfunded Commitment Liability | 8 | 0 | |
Investment, Identifier [Axis]: Earth Funeral Group, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 2,570 | 0 | |
Fair Value of Unfunded Commitment Liability | 66 | 0 | |
Investment, Identifier [Axis]: Encore Music Technologies, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 0 | |
Fair Value of Unfunded Commitment Liability | 2 | 1 | |
Investment, Identifier [Axis]: Ephemeral Solutions, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 44 | 0 | |
Fair Value of Unfunded Commitment Liability | 1 | 0 | |
Investment, Identifier [Axis]: Etched.ai, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 10,000 | 0 | |
Fair Value of Unfunded Commitment Liability | 350 | 0 | |
Investment, Identifier [Axis]: Ever/Body Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 6,200 | |
Fair Value of Unfunded Commitment Liability | 0 | 102 | |
Investment, Identifier [Axis]: FireHydrant, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 1,200 | |
Fair Value of Unfunded Commitment Liability | 0 | 29 | |
Investment, Identifier [Axis]: Firemaps, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 2,000 | |
Fair Value of Unfunded Commitment Liability | 0 | 43 | |
Investment, Identifier [Axis]: Flashparking, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 250 | 0 | |
Fair Value of Unfunded Commitment Liability | 1 | 0 | |
Investment, Identifier [Axis]: Forum Brands, LLC | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 147 | |
Fair Value of Unfunded Commitment Liability | 0 | 5 | |
Investment, Identifier [Axis]: Headout Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 2,649 | 0 | |
Fair Value of Unfunded Commitment Liability | 20 | 0 | |
Investment, Identifier [Axis]: Highbeam, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 948 | 813 | |
Fair Value of Unfunded Commitment Liability | 4 | 10 | |
Investment, Identifier [Axis]: Idelic, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 400 | 1,200 | |
Fair Value of Unfunded Commitment Liability | 4 | 7 | |
Investment, Identifier [Axis]: JOKR | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 3,748 | 3,748 | |
Fair Value of Unfunded Commitment Liability | 238 | 238 | |
Investment, Identifier [Axis]: Karat Financial Technologies, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 6,719 | 6,719 | |
Fair Value of Unfunded Commitment Liability | 84 | 84 | |
Investment, Identifier [Axis]: Luxury Presence, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 4,500 | 6,000 | |
Fair Value of Unfunded Commitment Liability | 63 | 65 | |
Investment, Identifier [Axis]: Machinify, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 5,000 | 5,000 | |
Fair Value of Unfunded Commitment Liability | 58 | 58 | |
Investment, Identifier [Axis]: McN Investments Ltd. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 1,000 | |
Fair Value of Unfunded Commitment Liability | 0 | 5 | |
Investment, Identifier [Axis]: OnSiteIQ, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 334 | |
Fair Value of Unfunded Commitment Liability | 0 | 5 | |
Investment, Identifier [Axis]: Overtime Sports, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 1,143 | 1,143 | |
Fair Value of Unfunded Commitment Liability | 8 | 8 | |
Investment, Identifier [Axis]: Pair Eyewear, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 1,000 | |
Fair Value of Unfunded Commitment Liability | 0 | 10 | |
Investment, Identifier [Axis]: Parsable, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 2,667 | |
Fair Value of Unfunded Commitment Liability | 0 | 37 | |
Investment, Identifier [Axis]: Perry Health, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 8,000 | |
Fair Value of Unfunded Commitment Liability | 0 | 97 | |
Investment, Identifier [Axis]: Placemakr, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 5,000 | |
Fair Value of Unfunded Commitment Liability | 0 | 168 | |
Investment, Identifier [Axis]: Prose Beauty, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 6,000 | |
Fair Value of Unfunded Commitment Liability | 0 | 215 | |
Investment, Identifier [Axis]: Substack, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 1,000 | 1,000 | |
Fair Value of Unfunded Commitment Liability | 13 | 13 | |
Investment, Identifier [Axis]: Tempus Ex Machina, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 1,000 | |
Fair Value of Unfunded Commitment Liability | 0 | 0 | |
Investment, Identifier [Axis]: Thoughtful Automation, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 4,061 | 0 | |
Fair Value of Unfunded Commitment Liability | 39 | 0 | |
Investment, Identifier [Axis]: Virtual Facility, Inc. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 0 | 1,000 | |
Fair Value of Unfunded Commitment Liability | 0 | 0 | |
Investment, Identifier [Axis]: Worldwide Freight Logistics Ltd. | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Unfunded Commitments | 191 | 345 | |
Fair Value of Unfunded Commitment Liability | $ 4 | $ 10 |
Commitment and Contingencies _3
Commitment and Contingencies - Level 3 Changes of Unfunded Commitments (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | Dec. 31, 2023 | |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | |||||
Backlog of potential future commitments | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 |
Unfunded commitments at end of period | 58,223 | 88,138 | 58,223 | 88,138 | $ 72,193 |
Unfunded Commitments | |||||
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | |||||
Unfunded commitments at beginning of period | 50,716 | 105,430 | 72,193 | 142,102 | |
New commitments | 44,302 | 57,776 | 68,438 | 69,220 | |
Fundings | (32,996) | (45,413) | (61,602) | (59,724) | |
Expirations / Terminations | (3,800) | (29,692) | (20,803) | (63,606) | |
Foreign currency adjustments | 1 | 37 | (3) | 146 | |
Unfunded commitments and backlog of potential future commitments at end of period | $ 58,223 | $ 88,138 | $ 58,223 | $ 88,138 |
Commitment and Contingencies _4
Commitment and Contingencies - Expiring Unfunded Commitments (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 | Jun. 30, 2023 |
Expiring during: | |||
2024 | $ 31,050 | $ 64,331 | |
2025 | 16,923 | 7,862 | |
2026 | 10,250 | 0 | |
Unfunded commitments at end of period | 58,223 | 72,193 | $ 88,138 |
Unfunded Commitments | |||
Financial Support for Nonconsolidated Legal Entity [Line Items] | |||
Dependent on milestones | $ 44 | $ 6,300 |
Financial Highlights (Details)
Financial Highlights (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 6 Months Ended | 38 Months Ended | ||||||||||||||||||||
Apr. 25, 2024 | Dec. 05, 2023 | Oct. 27, 2023 | Jul. 27, 2023 | Apr. 27, 2023 | Dec. 09, 2022 | Oct. 28, 2022 | Jul. 26, 2022 | Apr. 28, 2022 | Dec. 08, 2021 | Oct. 29, 2021 | Aug. 11, 2021 | May 12, 2021 | Dec. 21, 2020 | Nov. 12, 2020 | Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | Dec. 31, 2023 | Mar. 31, 2024 | Mar. 31, 2023 | Dec. 31, 2022 | |
Per Share Data | |||||||||||||||||||||||
Net asset value, beginning of period (in dollars per share) | $ 12.24 | $ 14 | |||||||||||||||||||||
Changes in net asset value due to: | |||||||||||||||||||||||
Net investment income (in dollars per share) | 0.81 | 1.10 | |||||||||||||||||||||
Net realized gains/(losses) on investments (in dollars per share) | (0.29) | (0.91) | |||||||||||||||||||||
Net change in unrealized losses on investments (in dollars per share) | (0.16) | (0.28) | |||||||||||||||||||||
Distributions to common shareholders (in dollars per share) | $ (0.47) | $ (0.47) | $ (0.47) | $ (0.42) | $ (0.42) | $ (0.40) | $ (0.40) | $ (0.40) | $ (0.33) | $ (0.30) | $ (0.30) | $ (0.30) | $ (0.30) | $ (0.30) | $ (0.15) | (0.47) | (0.42) | $ (5.89) | |||||
Net asset value, end of period (in dollars per share) | $ 12.13 | $ 13.49 | 12.13 | 13.49 | $ 12.24 | ||||||||||||||||||
Net increase in net assets resulting from operations per common share (in dollars per share) | $ 0.20 | $ (0.41) | $ 0.35 | $ (0.08) | |||||||||||||||||||
Weighted average shares of common stock outstanding for period, basic (in shares) | 23,689,363 | 20,297,200 | 23,689,363 | 20,297,200 | |||||||||||||||||||
Weighted average shares of common stock outstanding for period, diluted (in shares) | 23,689,363 | 20,297,200 | 23,689,363 | 20,297,200 | |||||||||||||||||||
Shares of common stock outstanding at end of period (in shares) | 23,689,363 | 20,297,200 | 23,689,363 | 20,297,200 | 23,689,363 | ||||||||||||||||||
Ratios / Supplemental Data | |||||||||||||||||||||||
Net asset value at end of period | $ 287,812 | $ 274,396 | $ 287,812 | $ 274,396 | $ 290,542 | $ 294,306 | $ 291,200 | $ 284,635 | |||||||||||||||
Average net asset value | $ 290,657 | $ 287,785 | |||||||||||||||||||||
Total return based on net asset value per share | 2.90% | (0.60%) | |||||||||||||||||||||
Net investment income to average net asset value | 13.40% | 15.60% | |||||||||||||||||||||
Net increase in net assets to average net asset value | 5.80% | (1.20%) | |||||||||||||||||||||
Ratio of expenses to average net asset value | 9.30% | 9.10% | |||||||||||||||||||||
Operating expenses excluding incentive fees to average net asset value | 9.30% | 9.10% |
Financial Highlights - Weighted
Financial Highlights - Weighted-Average Yield (Details) | 6 Months Ended | |
Jun. 30, 2024 | Jun. 30, 2023 | |
Investment Company [Abstract] | ||
Weighted average portfolio yield on debt investments | 15.60% | 16.40% |
Coupon income | 11.80% | 12.70% |
Accretion of discount | 1% | 1.40% |
Accretion of end-of-term payments | 1.70% | 1.90% |
Impact of prepayments during the period | 1.10% | 0.40% |
Net Increase in Net Assets pe_3
Net Increase in Net Assets per Share (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | |
Earnings Per Share [Abstract] | ||||
Net investment income | $ 9,668 | $ 10,992 | $ 19,306 | $ 22,328 |
Net increase (decrease) in net assets resulting from operations | $ 4,655 | $ (8,264) | $ 8,436 | $ (1,682) |
Weighted average shares of common stock outstanding, Basic (in shares) | 23,689,363 | 20,297,200 | 23,689,363 | 20,297,200 |
Weighted average shares of common stock outstanding, Diluted (in shares) | 23,689,363 | 20,297,200 | 23,689,363 | 20,297,200 |
Basic net investment income per share of common stock (in dollars per share) | $ 0.41 | $ 0.54 | $ 0.81 | $ 1.10 |
Diluted net investment income per share of common stock (in dollars per share) | 0.41 | 0.54 | 0.81 | 1.10 |
Basic and diluted net increase (decrease) in net assets resulting from operations per share of common stock (in dollars per share) | $ 0.20 | $ (0.41) | $ 0.35 | $ (0.08) |
Equity - (Details)
Equity - (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | Dec. 31, 2023 | |
Class of Stock [Line Items] | |||||
Common stock issued (in shares) | 0 | 0 | 0 | 0 | |
Common stock outstanding (in shares) | 23,689,363 | 20,297,200 | 23,689,363 | 20,297,200 | 23,689,363 |
Preferred stock, shares outstanding (in shares) | 525 | 525 | 525 | ||
Common stock | |||||
Class of Stock [Line Items] | |||||
Common stock outstanding (in shares) | 23,689,363 | 23,689,363 | 23,689,363 | ||
Capital commitments | $ 386.8 | ||||
Called investments | $ 354.7 |
Common Distributions - Narrativ
Common Distributions - Narrative (Details) - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 |
Equity [Abstract] | ||
Excise tax payable | $ 0.6 | $ 0.3 |
Common Distributions - Schedule
Common Distributions - Schedule of Distributions (Details) - $ / shares | 6 Months Ended | 38 Months Ended | ||||||||||||||||
Apr. 25, 2024 | Dec. 05, 2023 | Oct. 27, 2023 | Jul. 27, 2023 | Apr. 27, 2023 | Dec. 09, 2022 | Oct. 28, 2022 | Jul. 26, 2022 | Apr. 28, 2022 | Dec. 08, 2021 | Oct. 29, 2021 | Aug. 11, 2021 | May 12, 2021 | Dec. 21, 2020 | Nov. 12, 2020 | Jun. 30, 2024 | Jun. 30, 2023 | Dec. 31, 2023 | |
Equity [Abstract] | ||||||||||||||||||
Distributions from distributable earnings (in dollars per share) | $ 0.47 | $ 0.47 | $ 0.47 | $ 0.42 | $ 0.42 | $ 0.40 | $ 0.40 | $ 0.40 | $ 0.33 | $ 0.30 | $ 0.30 | $ 0.30 | $ 0.30 | $ 0.30 | $ 0.15 | $ 0.47 | $ 0.42 | $ 5.89 |
Special distribution sourced from net realized short-term capital gains (in dollars per share) | $ 0.14 | |||||||||||||||||
Special distribution sourced from net investment income (in dollars per share) | $ 0.12 | $ 0.10 | $ 0.10 |
Subsequent Events (Details)
Subsequent Events (Details) - $ / shares | Aug. 23, 2024 | Aug. 01, 2024 |
Forecast | ||
Subsequent Event [Line Items] | ||
Dividend per share paid (in dollars per share) | $ 0.41 | |
Subsequent Event | ||
Subsequent Event [Line Items] | ||
Dividends declared (in dollars per share) | $ 0.41 |