Commitments, Contingencies and Indemnifications (Tables)

12 Months Ended

Dec. 31, 2022

Commitments Contingencies And Indemnifications [Abstract]

Summary of Unfunded Commitments to Portfolio Companies

The Company has the following unfunded commitments to portfolio companies (in thousands):
 

		As of December 31, 2022				As of December 31,2021
Company	Investment Type	Commitment Expiration Date (1)		Unfunded Commitment (2)		Commitment Expiration Date (1)		Unfunded Commitment (2)
ABACUS Holdings I LLC (7)	Delayed Draw Term Loan	6/24/2024		$	2,800		—		—
ABACUS Holdings I LLC (5)	Revolver	6/24/2028			720		—		—
ACI Group Holdings, Inc. (7)	Delayed Draw Term Loan	8/2/2023			1,688	8/2/2023		$	2,564
ACI Group Holdings, Inc. (5)	Revolver	8/2/2027			657	8/2/2027			738
Advanced Diabetes Supply (5)	Revolver	12/30/2027			88		—		—
Affinitiv, Inc. (5)	Revolver	8/26/2024			567	8/26/2024			567
Alera Group Inc. (7)	Delayed Draw Term Loan	3/2/2024			4,401		—		—
Ameda, Inc.	Revolver		—		—	9/29/2022			113
Ansira Partners, Inc. (12)	Delayed Draw Term Loan	12/20/2024			254		—		—
Apps Associates LLC (7)	Delayed Draw Term Loan	7/2/2023			900	7/2/2023			1,800
Apps Associates LLC (5)	Revolver	7/2/2027			800	7/2/2027			800
Arrow Management Acquisition, LLC	Delayed Draw Term Loan		—		—	10/14/2023			2,028
Arrow Management Acquisition, LLC (5)	Revolver	10/14/2027			700	10/14/2027			700
Auto-Vehicle Parts, LLC	Revolver		—		—	1/3/2023			600
Auveco Holdings (7)	Delayed Draw Term Loan	5/5/2024			850		—		—
Auveco Holdings (5)	Revolver	5/5/2028			450		—		—
AX VI INV2 Holding AB (Voff) (8)	Revolver	8/31/2029			398		—		—
AX VI INV2 Holding AB (Voff) (9)	Delayed Draw Term Loan	8/31/2029			1,593		—		—
Banker's Toolbox, Inc. (7)	Delayed Draw Term Loan	7/27/2023			4,184	7/27/2023			6,711
Banker's Toolbox, Inc. (5)	Revolver	7/27/2027			2,406	7/27/2027			2,406
Belay Inc. (5)	Revolver	11/15/2025			650	11/15/2025			650
Benesys Inc. (5)	Revolver	10/5/2024			66	10/5/2024			150
BioAgilytix (7)	Delayed Draw Term Loan	12/21/2023			1,865	12/21/2023			2,543
C-4 Analytics, LLC (5)	Revolver	8/22/2023			600	8/22/2023			600
CAT Buyer, LLC	Revolver		—		—	4/11/2024			550
Centria Subsidiary Holdings, LLC (5)	Revolver	12/9/2025			1,974	12/9/2025			1,974
Claritas, LLC	Revolver		—		—	12/21/2023			278
Claritas, LLC (5)	Delayed Draw Term Loan	9/30/2023			2,450		—		—
Claritas, LLC (5)	Revolver	3/31/2026			1,950		—		—
Consolidated Label Co., LLC (5)	Revolver	7/15/2026			650	7/15/2026			650
CRA MSO, LLC (5)	Revolver	12/17/2023			92	12/17/2023			140
Crusoe Bidco Limited	Delayed Draw Term Loan		—		—	12/10/2022			532

		As of December 31, 2022				As of December 31,2021
Company	Investment Type	Commitment Expiration Date (1)		Unfunded Commitment (2)		Commitment Expiration Date (1)		Unfunded Commitment (2)
Crusoe Bidco Limited	Delayed Draw Term Loan		—		—	12/10/2022			167
Eagle Midco B.V. (Avania) (9)	Delayed Draw Term Loan	7/5/2029			3,545		—		—
Eagle Midco B.V. (Avania) (9)	Revolver	1/5/2029			788		—		—
Effective School Solutions LLC (5)	Revolver	11/30/2027			1,276	11/30/2027			1,450
Effective School Solutions LLC (7)	Delayed Draw Term Loan	11/30/2023			2,200	11/30/2023			2,200
EMS Buyer, Inc. (5)	Revolver	11/23/2027			550	11/23/2027			550
Envocore Holding, LLC (5)	Revolver	12/31/2025			2,778	12/31/2025			2,169
Eshipping (7)	Delayed Draw Term Loan	11/5/2023			1,850	11/5/2023			1,850
Eshipping (5)	Revolver	11/5/2027			1,150	11/5/2027			953

		As of December 31, 2022				As of December 31,2021
Company	Investment Type	Commitment Expiration Date (1)		Unfunded Commitment (2)		Commitment Expiration Date (1)		Unfunded Commitment (2)
Everlast Parent Inc. (5)	Revolver	10/30/2026			1,151	10/30/2026			1,611
Evolution BuyerCo, Inc.	Revolver	4/30/2027			729	4/30/2027			729
Evolution BuyerCo, Inc.	Delayed Draw Term Loan		—		—	4/30/2023			1,072
Evolution BuyerCo, Inc. (7)	Delayed Draw Term Loan	12/23/2023			31		—		—
Explorer Investor, Inc. (7)	Delayed Draw Term Loan	6/28/2024			2,400		—		—
FS Whitewater Borrower, LLC	Delayed Draw Term Loan		—		—	12/21/2022			1,724
FS Whitewater Borrower, LLC	Delayed Draw Term Loan		—		—	12/21/2023			435
FS Whitewater Borrower, LLC (3)	Revolver	12/21/2027			448	12/21/2027			690
FS Whitewater Borrower, LLC (7)	Delayed Draw Term Loan	7/1/2024			1,662		—		—
Galway Borrower, LLC (5)	Delayed Draw Term Loan	9/30/2023			134	9/30/2023			1,945
Galway Borrower, LLC (5)	Revolver	9/30/2027			926	9/30/2027			926
GrapeTree Medical Staffing, LLC (5)	Revolver	5/29/2024			600	5/29/2024			600
GrapeTree Medical Staffing, LLC	Delayed Draw Term Loan		—		—	3/31/2022			2,750
GH Parent Holdings Inc. (5)	Revolver	5/4/2027			1,542	5/4/2027			1,875
GH Parent Holdings Inc.	Delayed Draw Term Loan		—		—	5/4/2023			5,542
Granicus, Inc. (5)	Revolver	1/29/2027			535	1/29/2027			805
Granicus, Inc.	Delayed Draw Term Loan		—		—	4/23/2023			3,135
Great Lakes Dental Partners, LLC	Delayed Draw Term Loan		—		—	6/23/2023			850
Great Lakes Dental Partners, LLC (5)	Revolver	6/23/2026			100	6/23/2026			190
HCOS Group Intermediate III LLC (5)	Revolver	9/30/2026			1,150	9/30/2026			1,150
Hepaco, LLC (5)	Revolver	8/18/2024			135	8/18/2024			152
Hercules Borrower LLC (5)	Revolver	12/15/2026			1,985	12/15/2026			2,222
Hercules Borrower LLC (7)	Delayed Draw Term Loan	9/10/2023			1,092	9/10/2023			2,252
HGH Purchaser, Inc.	Delayed Draw Term Loan		—		—	2/10/2023			557
HGH Purchaser, Inc. (5)	Revolver	11/3/2025			610	11/3/2025			733
Homecare Partners Management, LLC (5)	Revolver	5/25/2023			953	5/25/2027			807
Hospice Care Buyer, Inc. (5)	Revolver	12/9/2026			508	12/9/2026			624
Hsid Acquisition, LLC (5)	Revolver	1/31/2026			750	1/31/2026			750
HS Spa Holdings Inc. (Hand & Stone) (5)	Revolver	6/2/2028			1,511		—		—
Infobase (7)	Delayed Draw Term Loan	6/14/2024			1,850		—		—
Infobase (5)	Revolver	6/14/2028			1,450		—		—
Integrity Marketing Acquisition, LLC (5)	Revolver	8/27/2025			1,409	8/27/2025			1,409
ISS Compressors Industries, Inc.	Revolver		—		—	2/5/2026			833
IvyRehab Intermediate II, LLC	Revolver		—		—	12/4/2024			370
IvyRehab Intermediate II, LLC	Delayed Draw Term Loan		—		—	9/13/2023			1,351
Jordan Bidco, Ltd. (9)	Delayed Draw Term Loan	8/31/2024			3,692	8/31/2024			4,132
Jordan Bidco, Ltd.	Revolver		—		—	2/28/2028			964
JTM Foods LLC (5)	Revolver	5/14/2027			347	5/14/2027			480
JTM Foods LLC (5)	Delayed Draw Term Loan	5/14/2027			250	11/14/2022			750
Kestrel Parent, LLC	Revolver		—		—	11/13/2023			871
King Mid LLC (7)	Delayed Draw Term Loan	6/17/2024			2,356		—		—
King Mid LLC (5)	Revolver	12/15/2027			300		—		—
Learn-It Systems, LLC (5)	Revolver	3/18/2025			283	3/18/2025			270
Learn-It Systems, LLC	Delayed Draw Term Loan		—		—	3/18/2022			42
Learn-It Systems, LLC (6)	Delayed Draw Term Loan	5/4/2023			1,451	5/4/2023			1,924
Lexipol (Ranger Buyer, Inc.) (5)	Revolver	11/18/2027			1,105	11/18/2027			884
Lightspeed Buyer, Inc. (5)	Revolver	2/3/2026			595	2/3/2026			770
Lightspeed Buyer, Inc. (7)	Delayed Draw Term Loan	2/28/2023			5,101	2/28/2023			5,100
Lion Cashmere Bidco Limited	Revolver		—		—	2/23/2026			1,989
Lion Cashmere Bidco Limited (9)	Delayed Draw Term Loan	9/23/2024			2,952	9/23/2024			3,137
List Partners, Inc. (5)	Revolver	1/5/2023			450	1/5/2023			450
Mario Purchaser, LLC (7)	Delayed Draw Term Loan	4/26/2024			3,690		—		—
Mario Purchaser, LLC (5)	Revolver	4/26/2028			1,044		—		—
MHS Acquisition Holdings, LLC	Delayed Draw Term Loan		—		—	7/21/2023			95
MHS Acquisition Holdings, LLC (5)	Revolver	7/21/2027			129	7/21/2027			150
MRI Software LLC (5)	Revolver	2/10/2026			1,266	2/10/2026			1,266
MWD Management LLC (United Derm) (5)	Revolver	6/15/2027			560		—		—

		As of December 31, 2022				As of December 31,2021
Company	Investment Type	Commitment Expiration Date (1)		Unfunded Commitment (2)		Commitment Expiration Date (1)		Unfunded Commitment (2)
New Era Technology, Inc. (5)	Revolver	10/31/2026			265	10/31/2026			152
New Era Technology, Inc.	Delayed Draw Term Loan		—		—	10/31/2022			673
New Era Technology, Inc. (7)	Delayed Draw Term Loan	10/31/2026			504		—		—
Nexant Volt MergerSub, Inc. (5)	Revolver	5/11/2027			500	5/11/2027			100
Nurture Landscapes (10)	Delayed Draw Term Loan	6/2/2028			465	6/2/2028			11,411
Odessa Technologies, Inc. (7)	Delayed Draw Term Loan	10/19/2023			1,786	10/19/2023			1,786
Odessa Technologies, Inc. (5)	Revolver	10/19/2027			2,500	10/19/2027			2,500
Oliver Packaging LLC (5)	Revolver	7/6/2028			500		—		—
Omni Ophthalmic Management Consultants, LLC (7)	Delayed Draw Term Loan	3/7/2024			1,500		—		—
Omni Ophthalmic Management Consultants, LLC (5)	Revolver	5/31/2023			113	5/31/2023			510
Ontario Systems, LLC (5)	Revolver	8/30/2025			256	8/30/2025			500
Ontario Systems, LLC	Delayed Draw Term Loan		—		—	8/19/2023			213
Painters Supply & Equipment Company (7)	Delayed Draw Term Loan	8/10/2023			724	8/10/2023			900
Painters Supply & Equipment Company (5)	Revolver	8/10/2027			299	8/10/2027			408
Patriot Acquisition Topco S.A.R.L (5)	Revolver	1/29/2026			1,390	1/29/2026			1,770
Patriot Growth Insurance Services, LLC (5)	Revolver	10/14/2028			660	10/14/2028			660
Patriot Growth Insurance Services, LLC	Delayed Draw Term Loan		—		—	10/14/2023			2,594
Patriot Growth Insurance Services, LLC (6)	Delayed Draw Term Loan	7/8/2024			2,626		—		—
PharComp Parent B.V. (11)	Delayed Draw Term Loan	2/18/2023			1,432		—		—
PharComp Parent B.V. (11)	Delayed Draw Term Loan	2/18/2023			2,873		—		—
Pharmalogics Recruiting, LLC	Delayed Draw Term Loan		—		—	9/27/2023			4,644
Pilot Air Freight, LLC	Revolver		—		—	7/25/2024			100
Pinnacle Treatment Centers, Inc.	Delayed Draw Term Loan		—		—	1/17/2022			457
Pinnacle Treatment Centers, Inc.	Revolver		—		—	12/31/2022			571
Plasma Buyer LLC (PathGroup) (7)	Delayed Draw Term Loan	5/12/2024			1,892		—		—
Plasma Buyer LLC (PathGroup) (5)	Revolver	5/12/2029			811		—		—
Potter Electric Signal Company (5)	Revolver	12/19/2024			550	12/19/2024			462
PPV Intermediate Holdings LLC (Vetcor) (7)	Delayed Draw Term Loan	2/29/2024			415		—		—
PPV Intermediate Holdings LLC (Vetcor) (5)	Revolver	8/31/2029			166		—		—
PPV Intermediate Holdings LLC (Vetcor) (7)	Delayed Draw Term Loan	2/29/2024			234		—		—
Professional Physical Therapy (5)	Revolver	2/28/2023			188		—		—
Premier Dental Care Management, LLC (7)	Delayed Draw Term Loan	8/5/2023			793	8/5/2023			3,784
Premier Dental Care Management, LLC (5)	Revolver	8/5/2027			1,030	8/5/2027			1,266
Prism Bidco, Inc.	Revolver		—		—	6/25/2026			833
PromptCare Intermediate, LP (7)	Delayed Draw Term Loan	9/1/2023			2,778	9/1/2023			3,486
PT Network, LLC	Revolver		—		—	11/30/2023			280
Pye-Barker Fire & Safety, LLC	Delayed Draw Term Loan		—		—	11/26/2023			1,401
Pye-Barker Fire & Safety, LLC (5)	Revolver	11/26/2027			816	11/26/2027			1,531
Pye-Barker Fire & Safety, LLC (7)	Delayed Draw Term Loan	6/15/2024			1,200		—		—
Pye-Barker Fire & Safety, LLC (5)	Revolver	10/1/2024			75		—		—
Receivable Solutions, Inc. (5)	Revolver	10/1/2024			258	10/1/2024			300
Ruffalo Noel Levitz, LLC (5)	Revolver	5/29/2024			75	5/29/2022			300
Safco Dental Supply, LLC (5)	Revolver	6/14/2025			480	6/14/2025			600
Saturn Borrower Inc	Revolver		—		—	9/30/2026			605
Seko Global Logistics Network, LLC (5)	Revolver	12/20/2026			650	12/20/2026			1,300
Seniorlink Incorporated (5)	Revolver	7/17/2026			1,038	7/17/2026			1,038
Service Logic Acquisition, Inc.	Delayed Draw Term Loan		—		—	10/30/2022			389
Slickdeals Holdings, LLC (4)	Revolver	6/12/2023			727	6/12/2023			727
Smartronix, LLC (5)	Revolver	11/23/2027			3,290	11/23/2027			3,290
Smile Doctors LLC	Delayed Draw Term Loan		—		—	12/23/2023			1,654
Smile Doctors LLC (5)	Revolver	12/23/2027			646	12/23/2027			1,201
Smile Doctors LLC (7)	Delayed Draw Term Loan	12/23/2028			2,010		—		—
SQAD Holdco, Inc. (7)	Delayed Draw Term Loan	4/25/2024			2,425		—		—
SQAD Holdco, Inc. (5)	Revolver	4/25/2028			840		—		—
Spear Education	Delayed Draw Term Loan		—		—	2/26/2022			3,125

		As of December 31, 2022				As of December 31,2021
Company	Investment Type	Commitment Expiration Date (1)		Unfunded Commitment (2)		Commitment Expiration Date (1)		Unfunded Commitment (2)
Stepping Stones Healthcare Services, LLC (7)	Delayed Draw Term Loan	12/30/2023			2,226	12/30/2023			3,774
Stepping Stones Healthcare Services, LLC (7)	Revolver	12/30/2026			528	12/30/2026			1,887
Summit 7 Systems, LLC (5)	Revolver	5/23/2028			650		—		—
Sun Acquirer Corp. (7)	Delayed Draw Term Loan	9/8/2027			491	9/8/2023			4,466
Sun Acquirer Corp. (5)	Revolver	9/8/2027			1,812	9/8/2027			1,812
Sydney US Buyer Corp. (3B Scientific) (9)	Delayed Draw Term Loan	7/8/2029			1,961		—		—
Sydney US Buyer Corp. (3B Scientific) (9)	Revolver	7/8/2029			654		—		—
Teal Acquisition Co., Inc (5)	Revolver	9/22/2026			259	9/22/2026			967
Teal Acquisition Co., Inc	Delayed Draw Term Loan		—		—	9/22/2026			1,642
The Hilb Group, LLC (5)	Revolver	12/2/2025			340	12/2/2025			340
The Hilb Group, LLC (5)	Revolver	12/2/2025			143	12/2/2025			143
The Hilb Group, LLC (5)	Delayed Draw Term Loan	12/10/2023			1,880	12/10/2023			4,413
The Hilb Group, LLC (5)	Revolver	12/2/2025			113	12/2/2025			113
Transportation Insight, LLC (5)	Revolver	12/3/2024			750	12/3/2024			750
Tranzonic	Revolver		—		—	3/27/2023			356
Unifeye Vision Partners (5)	Revolver	9/13/2025			793	9/13/2025			1,700
Unifeye Vision Partners (6)	Delayed Draw Term Loan	9/7/2023			1,199	9/7/2023			4,286
United Flow Technologies (7)	Delayed Draw Term Loan	10/29/2023			82	10/29/2023			3,750
United Flow Technologies (5)	Revolver	10/29/2027			1,600	10/29/2027			1,600
UP Acquisition Corp. (5)	Revolver	5/23/2024			807	5/23/2024			807
VetStrategy	Delayed Draw Term Loan		—		—	1/31/2022			419
Vital Care Buyer, LLC (5)	Revolver	10/19/2025			1,852	10/19/2025			2,222
WhiteHawk III Onshore Fund L.P.	Partnership Interest	7/5/2024			1,700	7/5/2024			4,208
Winxnet Holdings LLC (5)	Revolver	6/29/2023			163	6/29/2023			400
Winxnet Holdings LLC	Revolver		—		—	6/29/2023			250
Total				$	158,905			$	195,622

(1)Commitments are generally subject to borrowers meeting certain criteria such as compliance with covenants and certain operational metrics. These amounts may remain outstanding until the commitment period of an applicable loan expires, which may be shorter than its maturity.

(2)Unfunded commitments denominated in currencies other than USD have been converted to USD using the applicable foreign currency exchange rate as of December 31, 2022 and 2021.

(3)Investment pays 0.38% unfunded commitment fee on delayed draw term loan and/or revolving credit facilities.

(4)Investment pays 0.50% unfunded commitment fee on delayed draw term loan and/or revolving credit facilities.

(5)Investment pays 0.75% unfunded commitment fee on delayed draw term loan and/or revolving credit facilities.

(6)Investment pays 1.00% unfunded commitment fee on delayed draw term loan and/or revolving credit facilities.

(7)Investment pays 1.25% unfunded commitment fee on delayed draw term loan and/or revolving credit facilities.

(8)Investment pays 1.80% unfunded commitment fee on delayed draw term loan and/or revolving credit facilities.

(9)Investment pays 1.95% unfunded commitment fee on delayed draw term loan and/or revolving credit facilities.

(10)Investment pays 2.25% unfunded commitment fee on delayed draw term loan and/or revolving credit facilities.

(11)Investment pays 4.25% unfunded commitment fee on delayed draw term loan and/or revolving credit facilities.

(12)Investment pays 5.00% unfunded commitment fee on delayed draw term loan and/or revolving credit facilities.