Exhibit 99.1
North Haven Private Income Fund LLC
Consolidated Schedule of Investments
February 1, 2022
(in thousands)
(Unaudited)
| Investments-non-controlled/non- affiliated(1) | Footnotes | Reference Rate and Spread | Interest Rate | Maturity Date | Par Amount / Shares | Cost | Fair Value | Percentage of Fair Value | ||||||||||||||||||
| First Lien Debt | ||||||||||||||||||||||||||
| Air Freight & Logistics | ||||||||||||||||||||||||||
| Omni Intermediate Holdings, LLC | (2) | L + 5.00% | 6.00 | % | 12/30/2026 | $ | 7,081 | $ | 7,010 | $ | 7,010 | 3.75 | % | |||||||||||||
| Omni Intermediate Holdings, LLC | (2) | L + 5.00% | 6.00 | % | 12/30/2026 | 796 | 793 | 793 | 0.42 | |||||||||||||||||
| Omni Intermediate Holdings, LLC | (2) | L + 5.00% | 6.00 | % | 12/30/2025 | 115 | 111 | 111 | 0.06 | |||||||||||||||||
| 7,914 | 7,914 | 4.23 | ||||||||||||||||||||||||
| Auto Components | ||||||||||||||||||||||||||
| Continental Battery Company | (2) | L + 6.75% | 7.75 | % | 1/20/2027 | 6,250 | 6,125 | 6,125 | 3.27 | |||||||||||||||||
| Sonny's Enterprises, Inc. | (2) | L + 6.75% | 7.75 | % | 8/5/2026 | 2,175 | 2,134 | 2,134 | 1.14 | |||||||||||||||||
| Sonny's Enterprises, Inc. | (2) | L + 6.75% | 7.75 | % | 8/5/2026 | — | (124 | ) | (124 | ) | (0.07 | ) | ||||||||||||||
| 8,135 | 8,135 | 4.35 | ||||||||||||||||||||||||
| Automobiles | ||||||||||||||||||||||||||
| ARI Network Services, Inc. | (3) (2) | L + 5.75% | 6.50 | % | 2/28/2025 | 14,338 | 14,052 | 14,052 | 7.51 | |||||||||||||||||
| Turbo Buyer, Inc. | (2) | L + 6.00% | 7.00 | % | 12/2/2025 | — | (25 | ) | (25 | ) | (0.01 | ) | ||||||||||||||
| 14,027 | 14,027 | 7.50 | ||||||||||||||||||||||||
| Biotechnology | ||||||||||||||||||||||||||
| GraphPad Software, LLC | (2) | L + 5.50% | 6.50 | % | 4/27/2027 | 8,088 | 8,007 | 8,007 | 4.28 | |||||||||||||||||
| GraphPad Software, LLC | (2) | L + 5.50% | 6.50 | % | 4/27/2027 | — | (43 | ) | (43 | ) | (0.02 | ) | ||||||||||||||
| 7,964 | 7,964 | 4.26 | ||||||||||||||||||||||||
| Commercial Services & Supplies | ||||||||||||||||||||||||||
| FLS Holding, Inc. | (2) | L + 5.25% | 6.25 | % | 12/17/2028 | 9,583 | 9,395 | 9,395 | 5.02 | |||||||||||||||||
| FLS Holding, Inc. | (2) | L + 5.25% | 6.25 | % | 12/17/2028 | — | (21 | ) | (21 | ) | (0.01 | ) | ||||||||||||||
| FLS Holding, Inc. | (2) | L + 5.25% | 6.25 | % | 12/17/2027 | — | (16 | ) | (16 | ) | (0.01 | ) | ||||||||||||||
| KWOR Acquisition, Inc. | (3) | L + 5.25% | 6.00 | % | 12/22/2028 | 7,024 | 6,921 | 6,921 | 3.70 | |||||||||||||||||
| KWOR Acquisition, Inc. | (3) | L + 5.25% | 6.00 | % | 12/22/2027 | 44 | 44 | 44 | 0.02 | |||||||||||||||||
| MHE Intermediate Holdings, LLC | (2) | L + 5.75% | 6.75 | % | 7/21/2027 | 4,988 | 4,939 | 4,939 | 2.64 | |||||||||||||||||
| Sherlock Buyer Corp. | (3) | L + 5.75% | 6.50 | % | 12/8/2028 | 7,116 | 6,975 | 6,975 | 3.73 | |||||||||||||||||
| Sherlock Buyer Corp. | (3) | L + 5.75% | 6.50 | % | 12/8/2028 | — | (20 | ) | (20 | ) | (0.01 | ) | ||||||||||||||
| Sherlock Buyer Corp. | (3) | L + 5.75% | 6.50 | % | 12/8/2027 | — | (16 | ) | (16 | ) | (0.01 | ) | ||||||||||||||
| Sweep Purchaser LLC | (2) | L + 5.75% | 6.75 | % | 11/30/2026 | — | (17 | ) | (17 | ) | (0.01 | ) | ||||||||||||||
| 28,184 | 28,184 | 15.07 | ||||||||||||||||||||||||
North Haven Private Income Fund LLC
Consolidated Schedule of Investments (continued)
February 1, 2022
(in thousands)
(Unaudited)
| Investments-non-controlled/non- affiliated(1) | Footnotes | Reference Rate and Spread | Interest Rate | Maturity Date | Par Amount / Shares | Cost | Fair Value | Percentage of Fair Value | ||||||||||||||||||
| Construction & Engineering | ||||||||||||||||||||||||||
| KPSKY Acquisition, Inc. | (3) | L + 5.50% | 6.25 | % | 10/19/2028 | $ | 6,582 | $ | 6,452 | $ | 6,452 | 3.45 | % | |||||||||||||
| KPSKY Acquisition, Inc. | P + 4.50% | 7.75 | % | 10/19/2028 | 376 | 365 | 365 | 0.20 | ||||||||||||||||||
| 6,817 | 6,817 | 3.64 | ||||||||||||||||||||||||
| Containers & Packaging | ||||||||||||||||||||||||||
| BP Purchaser, LLC | (3) | L + 5.50% | 6.25 | % | 12/10/2028 | 9,891 | 9,696 | 9,696 | 5.18 | |||||||||||||||||
| Fortis Solutions Group, LLC | L + 5.50% | 5.72 | % | 10/13/2028 | 4,626 | 4,538 | 4,538 | 2.43 | ||||||||||||||||||
| Fortis Solutions Group, LLC | L + 5.50% | 5.72 | % | 10/13/2028 | — | (18 | ) | (18 | ) | (0.01 | ) | |||||||||||||||
| Fortis Solutions Group, LLC | L + 5.50% | 5.72 | % | 10/15/2027 | — | (12 | ) | (12 | ) | (0.01 | ) | |||||||||||||||
| 14,204 | 14,204 | 7.59 | ||||||||||||||||||||||||
| Distributors | ||||||||||||||||||||||||||
| PT Intermediate Holdings III, LLC | (3) | L + 5.50% | 6.25 | % | 11/1/2028 | 3,760 | 3,724 | 3,724 | 1.99 | |||||||||||||||||
| PT Intermediate Holdings III, LLC | (3) | L + 5.50% | 6.25 | % | 11/1/2028 | 5,954 | 5,896 | 5,896 | 3.15 | |||||||||||||||||
| 9,620 | 9,620 | 5.14 | ||||||||||||||||||||||||
| Diversified Financial Services | ||||||||||||||||||||||||||
| SitusAMC Holdings Corporation | (3) | L + 5.75% | 6.50 | % | 12/22/2027 | 5,600 | 5,544 | 5,544 | 2.96 | |||||||||||||||||
| 5,544 | 5,544 | 2.96 | ||||||||||||||||||||||||
| Health Care Providers & Services | ||||||||||||||||||||||||||
| Heartland Veterinary Partners, LLC | (2) | L + 4.75% | 5.75 | % | 12/10/2026 | 2,610 | 2,583 | 2,583 | 1.38 | |||||||||||||||||
| Heartland Veterinary Partners, LLC | (2) | L + 4.75% | 5.75 | % | 12/10/2026 | 993 | 936 | 936 | 0.50 | |||||||||||||||||
| Heartland Veterinary Partners, LLC | (2) | L + 4.75% | 5.75 | % | 12/10/2026 | — | (5 | ) | (5 | ) | (0.00 | ) | ||||||||||||||
| Stepping Stones Healthcare Services, LLC | (2) | L + 6.25% | 7.25 | % | 1/2/2029 | 4,375 | 4,310 | 4,310 | 2.30 | |||||||||||||||||
| Stepping Stones Healthcare Services, LLC | (2) | L + 6.25% | 7.25 | % | 1/2/2029 | — | (6 | ) | (6 | ) | (0.00 | ) | ||||||||||||||
| Stepping Stones Healthcare Services, LLC | (2) | L + 6.25% | 7.25 | % | 12/30/2026 | 150 | 141 | 141 | 0.08 | |||||||||||||||||
| 7,959 | 7,959 | 4.26 | ||||||||||||||||||||||||
| Insurance | ||||||||||||||||||||||||||
| Foundation Risk Partners, Corp. | (3) | L + 5.75% | 6.50 | % | 10/29/2028 | 6,184 | 6,092 | 6,092 | 3.26 | |||||||||||||||||
| Foundation Risk Partners, Corp. | (3) | L + 5.75% | 6.50 | % | 10/29/2028 | 768 | 753 | 753 | 0.40 | |||||||||||||||||
| Foundation Risk Partners, Corp. | (3) | L + 5.75% | 6.50 | % | 10/29/2027 | — | (9 | ) | (9 | ) | (0.00 | ) | ||||||||||||||
| Higginbotham Insurance Agency, Inc. | (3) | L + 5.50% | 6.25 | % | 11/25/2026 | 1,234 | 1,221 | 1,221 | 0.65 | |||||||||||||||||
| Higginbotham Insurance Agency, Inc. | (3) | L + 5.50% | 6.25 | % | 11/25/2026 | 353 | 337 | 337 | 0.18 | |||||||||||||||||
| Integrity Marketing Acquisition, LLC | (3) | L + 5.50% | 6.25 | % | 8/27/2025 | 4,988 | 4,915 | 4,915 | 2.63 | |||||||||||||||||
North Haven Private Income Fund LLC
Consolidated Schedule of Investments (continued)
February 1, 2022
(in thousands)
(Unaudited)
| Investments-non-controlled/non- affiliated(1) | Footnotes | Reference Rate and Spread | Interest Rate | Maturity Date | Par Amount / Shares | Cost | Fair Value | Percentage of Fair Value | ||||||||||||||||||
| Integrity Marketing Acquisition, LLC | (3) | L + 5.50% | 6.25 | % | 8/27/2025 | $ | — | $ | (27 | ) | $ | (27 | ) | (0.01 | )% | |||||||||||
| Keystone Agency Investors | (2) | L + 5.50% | 6.50 | % | 5/3/2027 | 2,003 | 1,974 | 1,974 | 1.06 | |||||||||||||||||
| Keystone Agency Investors | (2) | L + 5.50% | 6.50 | % | 5/3/2027 | — | (38 | ) | (38 | ) | (0.02 | ) | ||||||||||||||
| Patriot Growth Insurance Services, LLC | (3) | L + 5.50% | 6.25 | % | 10/16/2028 | 4,945 | 4,685 | 4,685 | 2.50 | |||||||||||||||||
| Patriot Growth Insurance Services, LLC | (3) | L + 5.50% | 6.25 | % | 10/16/2028 | — | 150 | 150 | 0.08 | |||||||||||||||||
| Patriot Growth Insurance Services, LLC | (3) | L + 5.50% | 6.25 | % | 10/16/2028 | — | (9 | ) | (9 | ) | (0.00 | ) | ||||||||||||||
| Peter C. Foy & Associates Insurance Services, LLC | (3) | L + 6.00% | 6.75 | % | 11/1/2028 | 3,994 | 3,954 | 3,954 | 2.11 | |||||||||||||||||
| Peter C. Foy & Associates Insurance Services, LLC | (3) | L + 6.00% | 6.75 | % | 11/1/2028 | 937 | 927 | 927 | 0.50 | |||||||||||||||||
| Peter C. Foy & Associates Insurance Services, LLC | (3) | L + 6.00% | 6.75 | % | 11/1/2027 | — | (2 | ) | (2 | ) | (0.00 | ) | ||||||||||||||
| RSC Acquisition, Inc. | (3) | L + 5.50% | 6.25 | % | 10/30/2026 | 2,903 | 2,847 | 2,847 | 1.52 | |||||||||||||||||
| RSC Acquisition, Inc. | (3) | L + 5.50% | 6.25 | % | 10/30/2026 | — | 1 | 1 | 0.00 | |||||||||||||||||
| World Insurance Associates, LLC | (2) | L + 5.75% | 6.75 | % | 4/1/2026 | 2,254 | 2,211 | 2,211 | 1.18 | |||||||||||||||||
| World Insurance Associates, LLC | (2) | L + 5.75% | 6.75 | % | 4/1/2026 | 3,311 | 3,179 | 3,179 | 1.70 | |||||||||||||||||
| 33,161 | 33,161 | 17.73 | ||||||||||||||||||||||||
| IT Services | ||||||||||||||||||||||||||
| Govbrands Intermediate, Inc. | (3) | L + 5.50% | 6.25 | % | 8/4/2027 | 6,892 | 6,724 | 6,724 | 3.59 | |||||||||||||||||
| Govbrands Intermediate, Inc. | (3) | L + 5.50% | 6.25 | % | 8/4/2027 | 1,551 | 1,516 | 1,516 | 0.81 | |||||||||||||||||
| Govbrands Intermediate, Inc. | (3) | L + 5.50% | 6.25 | % | 8/4/2027 | — | — | — | — | |||||||||||||||||
| 8,240 | 8,240 | 4.41 | ||||||||||||||||||||||||
| Leisure Products | ||||||||||||||||||||||||||
| GSM Acquisition Corp. (GSM Outdoors) | L + 5.50% | 1.00 | % | 11/16/2026 | — | — | — | — | ||||||||||||||||||
| — | — | — | ||||||||||||||||||||||||
| Machinery | ||||||||||||||||||||||||||
| Answer Target Holdco, LLC | (2) | L + 6.00% | 7.00 | % | 12/30/2027 | 17,336 | 16,994 | 16,994 | 9.09 | |||||||||||||||||
| Answer Target Holdco, LLC | (2) | L + 6.00% | 7.00 | % | 12/30/2026 | — | (26 | ) | (26 | ) | (0.01 | ) | ||||||||||||||
| 16,968 | 16,968 | 9.07 | ||||||||||||||||||||||||
| Real Estate Management & Development | ||||||||||||||||||||||||||
| Associations, Inc. | (2) | L + 4.00%; 2.50% PIK | 6.50 | % | 7/2/2027 | 1,772 | 1,763 | 1,763 | 0.94 | |||||||||||||||||
| 1,763 | 1,763 | 0.94 | ||||||||||||||||||||||||
| Software | ||||||||||||||||||||||||||
| Cordeagle US Finco, Inc. | (2) | L + 6.75% | 7.75 | % | 7/30/2027 | 4,839 | 4,743 | 4,743 | 2.54 | |||||||||||||||||
| Revalize, Inc. | (2) | L + 5.25% | 6.25 | % | 4/15/2027 | 4,698 | 4,617 | $ | 4,617 | 2.47 | ||||||||||||||||
| Revalize, Inc. | (2) | L + 5.25% | 6.25 | % | 4/15/2027 | — | (7 | ) | (7 | ) | (0.00 | ) | ||||||||||||||
| Trunk Acquisition, Inc. | (2) | L + 6.00% | 7.00 | % | 2/19/2027 | 6,857 | 6,789 | 6,789 | 3.63 | |||||||||||||||||
North Haven Private Income Fund LLC
Consolidated Schedule of Investments (continued)
February 1, 2022
(in thousands)
(Unaudited)
| Investments-non-controlled/non- affiliated(1) | Footnotes | Reference Rate and Spread | Interest Rate | Maturity Date | Par Amount / Shares | Cost | Fair Value | Percentage of Fair Value | ||||||||||||||||||
| Trunk Acquisition, Inc. | (2) | L + 6.00% | 7.00 | % | 2/19/2026 | $ | — | $ | (6 | ) | $ | (6 | ) | (0.00 | )% | |||||||||||
| 16,136 | 16,136 | 8.63 | ||||||||||||||||||||||||
| Total First Lien Debt | 186,636 | 186,636 | 99.78 | |||||||||||||||||||||||
| Second Lien Debt | ||||||||||||||||||||||||||
| Health Care Providers & Services | ||||||||||||||||||||||||||
| Heartland Veterinary Partners, LLC | L + 8.00% | 8.47 | % | 12/10/2027 | 360 | 353 | 353 | 0.19 | ||||||||||||||||||
| Heartland Veterinary Partners, LLC | L + 8.00% | 9.00 | % | 12/10/2027 | 53 | 52 | 52 | 0.03 | ||||||||||||||||||
| 405 | 405 | 0.22 | ||||||||||||||||||||||||
| Total Second Lien Debt | 405 | 405 | 0.22 | |||||||||||||||||||||||
| Total Portfolio Investments | $ | 187,041 | $ | 187,041 | 100.00 | % | ||||||||||||||||||||
| (1) | Acquisition date of February 1, 2022. |
| (2) | Loan includes interest rate floor of 1.00%. |
| (3) | Loan includes interest rate floor of 0.75%. |
