Commitments, Contingencies and Indemnifications (Tables)

6 Months Ended

Jun. 30, 2024

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 June 30, 2024				As of December 31, 2023
Company	Investment Type	Commitment Expiration Date (1)		Unfunded Commitment (2)		Commitment Expiration Date (1)		Unfunded Commitment (2)
A&A Global Imports, LLC (5)	Revolver		—	$	—	6/1/2026		$	234
A&A Global Imports, LLC (5)	Revolver	6/1/2026			212		—		—
ABACUS Holdings I LLC (5)	Revolver	6/24/2028			300	6/24/2028			300
ABACUS Holdings I LLC (7)	Delayed Draw Term Loan	7/24/2024			347	6/24/2024			2,530
ACI Group Holdings, Inc. (5)	Revolver	8/2/2027			553	8/2/2027			627
ACI Group Holdings, Inc. (7)	Delayed Draw Term Loan		—		—	8/2/2024			912
ACI Group Holdings, Inc. (7)	Delayed Draw Term Loan	8/2/2028			617		—		—
Action Signature Acquisition, Inc. (5)	Revolver	6/17/2026			212	6/17/2026			652
Acu-Serve, LLC (5)	Revolver	10/18/2029			750	10/18/2029			750
Acu-Serve, LLC (7)	Delayed Draw Term Loan	10/18/2025			1,780	10/18/2025			2,000
Advanced Diabetes Supply (5)	Revolver	12/30/2027			350	12/30/2027			350
Advanced Web Technologies (5)	Revolver	12/17/2026			262	12/17/2026			342
Affinitiv, Inc. (5)	Revolver	8/26/2024			567	8/26/2024			567
Alcanza Clinical Research (5)	Revolver		—		—	12/15/2027			125
Alera Group Inc. (7)	Delayed Draw Term Loan		—		—	3/2/2024			1,275
Alera Group Inc. (7)	Delayed Draw Term Loan	11/17/2025			2,618	11/17/2025			3,130
Alpine SG, LLC (5)	Revolver	11/5/2027			105	11/5/2027			105
Alpine X (5)	Revolver	12/27/2027			137	12/27/2027			137
Alpine X (5)	Revolver	12/27/2027			64	12/27/2027			64
American Refrigeration (5)	Delayed Draw Term Loan	7/30/2024			74		—		—
Annuity Health (5)	Revolver	2/8/2029			800		—		—
APC Bidco Limited (11)	Delayed Draw Term Loan	11/10/2027			2,084	11/10/2027			2,102
APC Bidco Limited (11)	Revolver		—		—	11/4/2030			1,229
Apps Associates LLC (5)	Revolver	7/2/2027			800	7/2/2027			800
Arrow Management Acquisition, LLC (5)	Revolver	10/14/2027			663	10/14/2027			700
Arrow Management Acquisition, LLC (7)	Delayed Draw Term Loan	11/28/2025			3,350	11/28/2025			3,350
Automated Control Concepts, Inc. (5)	Revolver	10/22/2026			669	10/22/2026			667
Auveco Holdings (5)	Revolver	5/5/2028			465	5/5/2028			540
Auveco Holdings (7)	Delayed Draw Term Loan		—		—	5/5/2024			850
Avalign Technologies, Inc. (5)	Revolver	12/20/2028			1,671		—		—
AX VI INV2 Holding AB (Voff) (8)	Revolver	8/31/2029			398	8/31/2029			411
AX VI INV2 Holding AB (Voff) (10)	Delayed Draw Term Loan		—		—	8/31/2029			387
Balance Partners (5)	Delayed Draw Term Loan	4/3/2026			3,250		—		—
Balance Partners (5)	Revolver	4/3/2030			550		—		—
Bandon Fitness (Texas) Inc. (7)	Delayed Draw Term Loan		—		—	7/27/2028			727
Bandon Fitness (Texas) Inc. (5)	Revolver	7/27/2028			159	7/27/2028			159
Banker's Toolbox, Inc. (5)	Revolver	7/27/2027			1,480	7/27/2027			2,406
Bayside Opco, LLC (5)	Revolver	5/31/2026			634	5/31/2026			634
BCDI Rodeo Dental Buyer, LLC (5)	Revolver	5/14/2025			936	5/14/2025			1,583
Belay Inc. (5)	Revolver	11/15/2025			650	11/15/2025			650
Benesys Inc. (5)	Revolver	10/5/2024			13	10/5/2024			76
Benesys Inc. (5)	Revolver	10/5/2024			7	10/5/2024			82
C-4 Analytics (7)	Delayed Draw Term Loan	5/14/2026			4,650		—		—
C-4 Analytics (5)	Revolver	5/14/2030			925		—		—
CC Amulet Management, LLC (5)	Revolver	8/31/2027			55	8/31/2027			119
CC Amulet Management, LLC (7)	Delayed Draw Term Loan	8/31/2027			630	8/31/2027			722
Centria Subsidiary Holdings, LLC (5)	Revolver	12/9/2025			1,145	12/9/2025			1,974
Claritas, LLC (5)	Revolver	3/31/2026			1,560	3/31/2026			780
Concord III, LLC (5)	Revolver	12/20/2028			275	12/20/2028			550
ConvenientMD (5)	Revolver	6/15/2027			688	6/15/2027			138
CRA MSO, LLC (5)	Revolver		—		—	12/17/2024			92
DataVail (7)	Delayed Draw Term Loan	7/3/2025			2,300		—		—
DataVail (5)	Revolver	1/4/2029			183		—		—
DataVail (5)	Revolver	1/19/2029			220		—		—
Duraserv LLC (5)	Delayed Draw Term Loan	6/10/2026			1,786		—		—
Duraserv LLC (5)	Revolver	6/10/2030			893		—		—
Eagle Midco B.V. (Avania) (10)	Delayed Draw Term Loan	7/5/2029			2,638	7/5/2029			2,720
Eagle Midco B.V. (Avania) (10)	Revolver	1/5/2029			394	1/5/2029			812
Effective School Solutions LLC (5)	Revolver	11/30/2027			1,102	11/30/2027			580
Efor Holding (9)	Delayed Draw Term Loan	10/4/2026			124	10/4/2026			135
EMS Buyer, Inc. (5)	Revolver	11/23/2027			147	11/23/2027			55
Envocore Holding, LLC (5)	Revolver	12/31/2025			1,806	12/31/2025			2,778
Eshipping (5)	Revolver	11/5/2027			1,150	11/5/2027			1,150
Essential Services Holding Corporation (7)	Delayed Draw Term Loan	6/18/2026			1,487		—		—
Essential Services Holding Corporation (5)	Revolver	6/17/2030			929		—		—
Evergreen IX Borrower 2023, LLC (5)	Revolver	9/29/2029			1,500	9/29/2029			1,500
Everlast Parent Inc. (5)	Revolver	10/30/2026			1,013	10/30/2026			806
Evolution BuyerCo, Inc. (5)	Revolver	4/30/2027			729	4/30/2027			729
First Eagle Logan JV, LLC	Partnership Interest				9,400				9,400
Formulations Parent Corporation (5)	Revolver	11/15/2029			1,651	11/15/2029			1,651
Freeport Financial SBIC Fund LP	Partnership Interest				2,360				2,222
FS Whitewater Borrower, LLC (3)	Revolver	12/21/2027			112	12/21/2027			534
FS Whitewater Borrower, LLC (7)	Delayed Draw Term Loan		—		—	7/1/2024			399
Galway Borrower, LLC (5)	Revolver	9/30/2027			778	9/30/2027			926
Galway Borrower, LLC (5)	Delayed Draw Term Loan	2/7/2026			1,221		—		—
Galway Borrower, LLC (5)	Revolver	9/30/2028			66		—		—
Gener8, LLC (5)	Revolver	8/14/2024			301	8/14/2024			300
GH Parent Holdings Inc. (5)	Revolver	5/4/2027			1,750	5/4/2027			1,750
GH Parent Holdings Inc. (5)	Delayed Draw Term Loan	6/28/2026			1,900		—		—
Granicus, Inc. (5)	Revolver		—		—	1/29/2027			637
GrapeTree Medical Staffing, LLC (5)	Revolver	4/30/2026			600	5/29/2024			600

Great Lakes Dental Partners, LLC (5)	Revolver	6/23/2026		100	6/23/2026		100
Guardian Access Solutions (5)	Revolver	8/1/2029		563	8/1/2029		713
Guardian Access Solutions (7)	Delayed Draw Term Loan	8/1/2029		974	8/1/2029		2,050
HCOS Group Intermediate III LLC (5)	Revolver	9/30/2026		1,150	9/30/2026		639
Hepaco, LLC (5)	Revolver		—	—	8/18/2024		916
Hercules Borrower LLC (5)	Revolver	12/15/2026		2,222	12/15/2026		2,222
Hercules Borrower LLC (7)	Delayed Draw Term Loan		—	—			788
HGH Purchaser, Inc. (5)	Revolver	11/3/2025		1,547	11/3/2025		15
Homecare Partners Management, LLC (5)	Revolver	5/25/2027		477	5/25/2027		367
Homecare Partners Management, LLC (7)	Delayed Draw Term Loan	6/18/2026		1,895		—	—
Hospice Care Buyer, Inc. (5)	Revolver	12/9/2026		1,091	12/9/2026		1,255
HS Spa Holdings Inc. (Hand & Stone) (5)	Revolver	6/2/2028		1,160	6/2/2028		1,396
HS Spa Holdings Inc. (Hand & Stone) (5)	Delayed Draw Term Loan	3/12/2026		983		—	—
Hsid Acquisition, LLC (5)	Revolver	1/31/2026		750	1/31/2026		750
iLending LLC (5)	Revolver	6/21/2026		718	6/21/2026		718
Infobase (5)	Revolver	6/14/2028		189	6/14/2028		991
Infobase (7)	Delayed Draw Term Loan		—	—	6/14/2024		1,850
Integrated Pain Management Medical Group, Inc. (5)	Revolver	6/17/2026		442	6/17/2026		442
Integrity Marketing Acquisition, LLC (5)	Revolver	8/27/2025		1,409	8/27/2025		1,409
Iris Buyer, LLC (5)	Revolver	10/2/2029		1,514	10/2/2029		1,514
Iris Buyer, LLC (7)	Delayed Draw Term Loan	3/29/2025		515	3/29/2025		1,294
IVX Health Merger Sub, Inc. (5)	Revolver	6/7/2030		3,519		—	—
Jordan Bidco, Ltd. (10)	Delayed Draw Term Loan	8/31/2024		3,539	8/31/2024		3,569
JTM Foods LLC (5)	Revolver	5/14/2027		53	5/14/2027		80
King Mid LLC (5)	Revolver	12/15/2027		300	12/15/2027		300
King Mid LLC (7)	Delayed Draw Term Loan		—	—	6/17/2024		340
King Mid LLC (7)	Delayed Draw Term Loan	6/7/2026		3,600		—	—
Lash Opco LLC (5)	Revolver	9/18/2025		4	9/18/2025		91
Learn-It Systems, LLC (5)	Revolver	3/18/2025		900	3/18/2025		900
Lexipol (Ranger Buyer, Inc.) (5)	Revolver	11/18/2027		1,105	11/18/2027		1,105
Lighthouse Lab Services (5)	Revolver	10/25/2027		307	10/25/2027		614
Lightspeed Buyer, Inc. (5)	Revolver	2/3/2026		1,050	2/3/2026		1,050
Lion Cashmere Bidco Limited (10)	Delayed Draw Term Loan	9/23/2024		2,953	9/23/2024		3,044
List Partners, Inc. (5)	Revolver	6/30/2025		135	5/1/2024		270
Loadmaster Derrick & Equipment, Inc. (5)	Revolver			—			225
Mann Lake Ltd. (5)	Revolver	10/4/2024		56	10/4/2024		56
Mario Purchaser, LLC (14)	Revolver	4/26/2028		975	4/26/2028		731
Mario Purchaser, LLC (7)	Delayed Draw Term Loan		—	—	4/26/2024		2,819
Mario Purchaser, LLC (7)	Delayed Draw Term Loan	4/26/2028		4,305		—	—
Marlin DTC-LS Midco 2, LLC (5)	Revolver	7/1/2025		143	7/1/2025		143
MB2 Dental (7)	Delayed Draw Term Loan	2/13/2026		2,133		—	—
MB2 Dental (7)	Delayed Draw Term Loan	2/13/2027		1,280		—	—
MB2 Dental (5)	Revolver	2/13/2031		333		—	—
MHS Acquisition Holdings, LLC (5)	Revolver	7/21/2027		150	7/21/2027		150
Minuteman Security Technologies, Inc. (5)	Revolver	2/1/2029		1,000	2/1/2029		1,000
Minuteman Security Technologies, Inc. (7)	Delayed Draw Term Loan	2/2/2025		468	2/2/2025		1,209
MRI Software LLC (7)	Delayed Draw Term Loan	12/19/2025		1,223	12/19/2025		1,500
MRI Software LLC (5)	Revolver	2/10/2026		1,266	2/10/2026		1,266
Multi Specialty Healthcare (AMM LLC) (5)	Revolver	12/18/2026		250		—	—
MWD Management LLC (United Derm) (5)	Revolver	6/15/2027		320	6/15/2027		640
New Era Technology, Inc. (5)	Revolver	10/31/2026		46	10/31/2026		228
New Era Technology, Inc. (5)	Revolver	10/31/2026		97	10/31/2026		486
Newcleus, LLC (5)	Revolver	8/2/2026		435	8/2/2026		435
Newcleus, LLC (5)	Delayed Draw Term Loan	8/2/2026		458	8/2/2026		458
Nexant Volt MergerSub, Inc. (5)	Revolver		—	—	5/11/2027		229
Nurture Landscapes (12)	Delayed Draw Term Loan		—	—	6/3/2025		2,086
Odessa Technologies, Inc. (5)	Revolver	10/19/2027		2,500	10/19/2027		2,500
Oliver Packaging LLC (5)	Revolver	7/6/2028		1	7/6/2028		150
Safco Dental Supply, LLC (5)	Revolver	6/14/2025		345	6/14/2025		345
Online Labels Group, LLC (7)	Delayed Draw Term Loan	12/19/2025		525	12/19/2025		525
Online Labels Group, LLC (7)	Delayed Draw Term Loan	12/19/2025		525	12/19/2025		525
Online Labels Group, LLC (5)	Revolver	12/19/2029		650	12/19/2029		650
Painters Supply & Equipment Company (5)	Revolver	8/10/2027		500	8/10/2027		328
Painters Supply & Equipment Company (7)	Delayed Draw Term Loan	4/29/2026		750		—	—
Patriot Acquisition Topco S.A.R.L (5)	Revolver	1/29/2026		1,770	1/29/2026		1,390
Patriot Acquisition Topco S.A.R.L (7)	Delayed Draw Term Loan	10/13/2025		4,420		—	—
Patriot Growth Insurance Services, LLC (5)	Revolver	10/14/2028		660	10/14/2028		660
Patriot Growth Insurance Services, LLC (6)	Delayed Draw Term Loan	10/14/2028		694	11/16/2025		883
PCS Retirement (7)	Delayed Draw Term Loan	2/27/2026		1,520		—	—
PCS Retirement (5)	Revolver	3/1/2030		578		—	—
PDFTron Systems Inc. (5)	Revolver	7/15/2026		298	7/15/2026		149
Pinnacle Purchaser, LLC (5)	Revolver	12/28/2029		575	12/28/2029		575
Pitch MidCo B.V. (9)	Delayed Draw Term Loan	4/26/2028		1,534		—	—
Plasma Buyer LLC (PathGroup) (5)	Revolver	5/12/2029		357	5/12/2029		541
Plasma Buyer LLC (PathGroup) (7)	Delayed Draw Term Loan	9/12/2025		162	5/12/2024		1,892
Point Quest Acquisition, LLC (5)	Revolver	8/12/2028		600	8/12/2028		429
Point Quest Acquisition, LLC (7)	Delayed Draw Term Loan	11/9/2024		620		—	—
SuperHero Fire Protection, LLC (5)	Revolver	9/1/2026		59	9/1/2026		65
PPV Intermediate Holdings LLC (Vetcor) (5)	Revolver	8/31/2029		228	8/31/2029		228
Premier Dental Care Management, LLC (5)	Revolver	8/5/2028		2,361	8/5/2027		1,338
Premier Dental Care Management, LLC (5)	Delayed Draw Term Loan	8/5/2028		4,085		—	—
PromptCare Intermediate, LP (7)	Delayed Draw Term Loan	10/20/2025		2,111		—	—
Teal Acquisition Co., Inc (5)	Revolver	9/22/2026		584	9/22/2026		1,277
Pushpay USA, INC. (5)	Revolver	5/10/2030		1,429	5/10/2030		1,429
Pye-Barker Fire & Safety, LLC (13)	Delayed Draw Term Loan		—	—	6/15/2024		1,200
Pye-Barker Fire & Safety, LLC (13)	Delayed Draw Term Loan		—	—	11/1/2027		873

Pye-Barker Fire & Safety, LLC (5)	Revolver		—		—	11/26/2027			1,531
Pye-Barker Fire & Safety, LLC (5)	Revolver		—		—	10/1/2024			142
Pye-Barker Fire & Safety, LLC (5)	Revolver		—		—	11/26/2026			1,811
Pye-Barker Fire & Safety, LLC (7)	Delayed Draw Term Loan	12/1/2025			703		—		—
Pye-Barker Fire & Safety, LLC (5)	Revolver	5/24/2030			2,289		—		—
Quorum Health Resources (5)	Revolver	5/26/2027			522	5/26/2027			522
Receivable Solutions, Inc. (5)	Revolver	10/1/2024			180	10/1/2024			150
Right Networks, LLC (5)	Revolver	5/21/2026			233	5/21/2026			233
Saturn Borrower Inc (5)	Revolver	9/30/2026			121		—		—
Seko Global Logistics Network, LLC (5)	Revolver	12/20/2026			536	12/20/2026			943
Seniorlink Incorporated (5)	Revolver	12/31/2027			458	12/31/2027			458
Seniorlink Incorporated (5)	Revolver	12/31/2027			1,038	7/17/2026			1,038
Slickdeals Holdings, LLC (4)	Revolver	6/30/2025			727	6/12/2024			727
Smartronix, LLC (5)	Revolver	11/23/2027			3,290	11/23/2027			3,290
Vital Care Buyer, LLC (5)	Delayed Draw Term Loan		—		—	10/19/2025			2,222
Smile Doctors LLC (5)	Revolver	12/23/2027			1,262	12/23/2027			1,262
Smile Doctors LLC (7)	Delayed Draw Term Loan		—		—	2/24/2025			1
SolutionReach, Inc. (5)	Revolver	7/17/2025			467	1/17/2024			467
SQAD Holdco, Inc. (5)	Revolver	4/25/2028			1,050	4/25/2028			1,050
SQAD Holdco, Inc. (7)	Delayed Draw Term Loan		—		—	4/25/2024			2,425
Stepping Stones Healthcare Services, LLC (7)	Delayed Draw Term Loan		—		—	1/2/2024			833
Stepping Stones Healthcare Services, LLC (7)	Revolver	12/30/2026			1,887	12/30/2026			1,887
Stepping Stones Healthcare Services, LLC (7)	Delayed Draw Term Loan	4/25/2026			3,774		—		—
Summit 7 Systems, LLC (5)	Revolver	5/23/2028			528	5/23/2028			1,056
Sun Acquirer Corp. (5)	Revolver	9/8/2027			1,812	9/8/2027			1,449
Sydney US Buyer Corp. (3B Scientific) (10)	Delayed Draw Term Loan	7/8/2029			25	7/8/2029			98
Sydney US Buyer Corp. (3B Scientific) (10)	Delayed Draw Term Loan	12/14/2026			6,907	12/14/2026			10,000
Team Select (CSC TS Merger SUB, LLC) (5)	Revolver	5/4/2029			650	5/4/2029			650
Team Select (CSC TS Merger SUB, LLC) (7)	Delayed Draw Term Loan	11/4/2024			840	11/4/2024			1,200
Team Select (CSC TS Merger SUB, LLC) (7)	Delayed Draw Term Loan	12/17/2026			800		—		—
Technology Partners, LLC (5)	Delayed Draw Term Loan	11/16/2027			1,037	11/16/2027			1,037
Technology Partners, LLC (7)	Revolver	11/16/2027			747	11/16/2027			747
The Hilb Group, LLC (5)	Revolver	12/2/2025			219	12/2/2025			265
The Hilb Group, LLC (5)	Revolver	12/2/2025			92	12/2/2025			111
The Hilb Group, LLC (5)	Delayed Draw Term Loan		—		—	2/10/2024			498
The Hilb Group, LLC (5)	Revolver	12/2/2025			73	12/2/2025			88
The Mulch & Soil Company, LLC (5)	Revolver	4/30/2026			1,050	4/30/2026			853
TMA Buyer, LLC (5)	Revolver	9/30/2027			269	9/30/2027			385
Transportation Insight, LLC (5)	Revolver	12/3/2024			55	12/3/2024			55
Tricor Borrower, LLC (5)	Revolver	10/22/2026			75	10/22/2026			58
TriStrux, LLC (5)	Revolver	12/15/2026			97	12/15/2026			499
TriStrux, LLC (7)	Delayed Draw Term Loan		—		—	12/15/2026			483
Unifeye Vision Partners (5)	Revolver	9/13/2025			1,133	9/13/2025			1,133
United Flow Technologies (5)	Revolver		—		—	10/29/2027			616
USA Hometown Experts, Inc. (5)	Revolver	11/8/2029			900	11/8/2029			765
USA Hometown Experts, Inc. (7)	Delayed Draw Term Loan		—		—	11/8/2025			1,650
Vantage Insurance Partners, Inc. (5)	Delayed Draw Term Loan	3/20/2026			4,600		—		—
Vantage Insurance Partners, Inc. (5)	Revolver	12/22/2028			698		—		—
WCT Group Holdings, LLC (5)	Revolver	12/12/2029			343	12/12/2029			320
WhiteHawk III Onshore Fund L.P.	Partnership Interest				2,363	7/5/2024			2,123
Total				$	200,388			$	175,048

(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 June 30, 2024 and December 31, 2023.

(3)Investment pays 0.25% unfunded commitment fee on delayed draw term loan and/or revolving credit facilities.

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

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

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

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

(8)Investment pays 1.20% unfunded commitment fee on delayed draw term loan and/or revolving credit facilities.

(9)Investment pays 1.50% unfunded commitment fee on delayed draw term loan and/or revolving credit facilities.

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

(11)Investment pays 1.88% unfunded commitment fee on delayed draw term loan and/or revolving credit facilities.

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

(13)Investment pays 2.88% unfunded commitment fee on delayed draw term loan and/or revolving credit facilities.

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