Portfolio reports show the current active book. Closed and archived borrowers, including their history, are available in All Borrowers.
Valuation Pack
Q3 2026 whole-portfolio approved marks and covenant context
Credit performance and covenant context
Known marks only: 1/1 credit positions and 1/1 equity positions. Missing marks are unavailable; movements require complete comparable credit marks.
Marks and Support
Q3 2026| Company▲ | Credit FV | QoQ Δ | Method | Implied Multiple | Covenant | Flag |
|---|---|---|---|---|---|---|
| Kilnbrace Specialty Products Industrials | $6.0M | -$0.1M -1.6% | Cost | 0.50x LTM EBITDA, unadjusted | Tight | — |
Reconciliation to Portfolio Fair Value
Portfolio fair value combines debt and equity marks. The credit comparison above covers debt positions; equity details are available in the equity ledger.
Credit FV is the mark on debt positions. Equity co-invests are carried in the equity ledger on cost basis and MOIC, not on covenant headroom. Implied multiples use four consecutive quarters of unadjusted EBITDA. They are unavailable with incomplete history or marks, and not meaningful when EBITDA is at or below zero.