Portfolio reports show the current active book. Closed and archived borrowers, including their history, are available in All Borrowers.
Equity Co-Invest Ledger
Cost basis, distributions and MOIC across the co-invest book — the equity side of names the credit pages track
NSNS SBIC Fund · Q4 2025 · entire fund values
The fund population is not complete for this quarter. Partial sourced values below do not establish complete coverage.
- Known cost
- Missing
- 0 missing
- Reported SBA
- Missing
- 0 missing
- Reported GAAP
- Missing
- 0 missing
- Computed SBA depreciation
- Missing
- 0 missing
0 positions have covenant definitions or results. Missing inputs are excluded from totals; reported zeros are included.
NSNS SBIC Fund equity subset, 2025-Q4: 0/0 marked. 0 missing marks excluded from known unrealized value; missing inputs prevent a complete MOIC.
Missing acquisition costs: 0. Missing marks: 0. Known invested and unrealized totals exclude missing inputs.
Co-Invest Positions
No equity co-invests recorded. Positions appear here once a borrower carries an equity instrument with a cost basis.
MOIC is (realized + unrealized) / invested, blended across the book as the ratio of the sums rather than the average of the ratios — averaging would weight a small write-off the same as a large winner. Unrealized value is the latest recorded mark for the selected quarter; NSight never proposes one. There is deliberately no IRR: the dates in this book are too sparse to make one honest, and a wrong IRR is worse than none.