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Investments (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Investments [Abstract]

Schedule of Investments

At June 30, 2023, the Company's investments consisted of the following:

Investment Cost and Fair Value by Type

			Cost						Fair Value
First lien			$	1,772,320					$	1,703,788
Second lien			610,377						563,333
Subordinated			94,369						84,683
Equity and other			741,138						827,661
Total investments			$	3,218,204					$	3,179,465

Investment Cost and Fair Value by Industry

			Cost						Fair Value
Software			$	855,934					$	841,263
Business Services			660,003						598,895
Healthcare			550,485						529,232
Investment Funds (includes investments in joint ventures)			252,400						252,400
Education			205,084						243,277
Consumer Services			161,085						159,373
Net Lease			95,782						120,349
Financial Services			102,915						103,728
Distribution & Logistics			111,445						103,342
Energy			58,692						64,754
Information Technology			58,671						58,706
Packaging			43,120						39,966
Specialty Chemicals & Materials			25,751						31,827
Consumer Products			20,668						19,262
Business Products			10,771						7,539
Food & Beverage			5,398						5,552
Total investments			$	3,218,204					$	3,179,465

At December 31, 2022, the Company’s investments consisted of the following:

Investment Cost and Fair Value by Type

			Cost						Fair Value
First lien			$	1,816,091					$	1,753,967
Second lien			632,990						561,207
Subordinated			85,774						76,659
Equity and other			725,112						829,414
Total investments			$	3,259,967					$	3,221,247

Investment Cost and Fair Value by Industry

			Cost						Fair Value
Software			$	916,259					$	897,008
Business Services			661,079						592,868
Healthcare			586,311						548,383
Investment Funds (includes investments in joint ventures)			252,400						252,400
Education			200,117						239,301
Consumer Services			126,392						123,880
Net Lease			96,041						120,986
Distribution & Logistics			111,096						102,410
Financial Services			96,021						95,839
Energy			55,507						61,564
Specialty Chemicals & Materials			25,363						60,268
Information Technology			58,638						58,165
Packaging			43,124						40,547
Consumer Products			20,850						20,624
Business Products			10,769						7,004
Total investments			$	3,259,967					$	3,221,247

Schedule of Summarized Financial Information for Nonconsolidated Entities

Below is a summary of SLP III's portfolio, along with a listing of the individual investments in SLP III's portfolio as of June 30, 2023 and December 31, 2022:

						June 30, 2023						December 31, 2022
First lien investments (1)						$	713,647					$	690,017
Weighted average interest rate on first lien investments (2)						9.53		%				8.51		%
Number of portfolio companies in SLP III						90						83
Largest portfolio company investment (1)						$	18,102					$	18,197
Total of five largest portfolio company investments (1)						$	82,968					$	85,948

(1)Reflects principal amount or par value of investment.

(2)Computed as the all in interest rate in effect on accruing investments divided by the total principal amount of investments.

The following table is a listing of the individual investments in SLP III's portfolio as of June 30, 2023:

Portfolio Company and Type of Investment						Industry						Reference						Spread						Interest Rate (1)						Maturity Date						Principal Amount or Par Value						Cost						Fair Value (2)
Funded Investments - First lien
ADMI Corp. (aka Aspen Dental)						Healthcare						SOFR(M)						3.75%						8.97%						12/2027						$	2,388					$	2,379					$	2,241
Advisor Group Holdings, Inc.						Financial Services						L(M)						4.50%						9.69%						07/2026						9,650						9,626						9,669
AG Parent Holdings, LLC						Healthcare						SOFR(M)						5.00%						10.22%						07/2026						12,063						12,033						11,753
Artera Services, LLC						Distribution & Logistics						SOFR(Q)						3.50%						8.84%						03/2025						6,802						6,778						6,004
Aretec Group, Inc. (fka RCS Capital Corporation)						Financial Services						SOFR(Q)						4.50%						9.89%						03/2030						4,935						4,838						4,932
AssuredPartners, Inc.						Insurance Services						SOFR(M)						4.25%						9.35%						02/2027						1,985						1,924						1,986
Aston FinCo S.a.r.l. / Aston US Finco, LLC						Software						L(M)						4.25%						9.44%						10/2026						5,805						5,775						4,992
athenahealth Group Inc.						Healthcare						SOFR(M)						3.50%						8.59%						02/2029						6,877						6,628						6,596
BCPE Empire Holdings, Inc.						Distribution & Logistics						SOFR(M)						4.75%						9.83%						12/2028						7,496						7,422						7,486
Bella Holding Company, LLC						Healthcare						SOFR(M)						3.75%						8.95%						05/2028						2,226						2,210						2,186
Bluefin Holding, LLC						Software						L(Q)						5.75%						11.29%						09/2026						9,650						9,577						9,630
Bluefin Holding, LLC						Software						L(Q)						5.75%						11.29%						09/2026						2,550						2,521						2,544
Bracket Intermediate Holding Corp.						Healthcare						SOFR(Q)						5.00%						10.17%						05/2028						14,325						13,905						14,140
Brave Parent Holdings, Inc.						Software						L(M)						4.00%						9.19%						04/2025						4,243						4,238						4,202
Brown Group Holding, LLC						Distribution & Logistics						SOFR(Q)						3.75%						8.85%						07/2029						7,010						6,851						7,004
Cardinal Parent, Inc.						Software						SOFR(Q)						4.50%						9.89%						11/2027						9,872						9,677						8,761
CE Intermediate I, LLC						Software						L(Q)						3.50%						8.84%						11/2028						10,865						10,804						10,702
CentralSquare Technologies, LLC						Software						SOFR(Q)						3.75%						9.14%						08/2025						14,325						14,312						13,439
CHA Holdings, Inc.						Business Services						SOFR(Q)						4.50%						10.00%						04/2025						952						952						952
CommerceHub, Inc.						Software						SOFR(Q)						4.00%						9.22%						12/2027						5,688						5,668						4,962
CommerceHub, Inc.						Software						SOFR(Q)						6.25%						11.47%						12/2027						3,990						3,561						3,561
Confluent Health, LLC						Healthcare						SOFR(M)						4.00%						9.22%						11/2028						14,524						14,462						13,217
Confluent Medical Technologies, Inc.						Healthcare						SOFR(Q)						3.75%						8.99%						02/2029						6,913						6,883						6,705
Convey Health Solutions, Inc.						Healthcare						SOFR(Q)						5.25%						10.59%						09/2026						12,903						12,578						12,600
Cornerstone OnDemand, Inc.						Software						SOFR(Q)						3.75%						9.25%						10/2028						4,489						4,471						4,169
Covenant Surgical Partners, Inc.						Healthcare						SOFR(S)						4.00%						8.82%						07/2026						2,000						1,987						1,610
Covenant Surgical Partners, Inc.						Healthcare						SOFR(S)						4.00%						8.82%						07/2026						9,630						9,586						7,753
CRCI Longhorn Holdings, Inc.						Business Services						SOFR(M)						3.50%						8.75%						08/2025						14,288						14,263						14,200
CVET Midco 2, L.P.						Software						SOFR(Q)						5.00%						10.24%						10/2029						6,948						6,561						6,490
DG Investment Intermediate Holdings 2, Inc.						Business Services						SOFR(M)						3.75%						8.97%						03/2028						7,350						7,328						7,231
Dealer Tire Financial, LLC						Distribution & Logistics						SOFR(M)						4.50%						9.60%						12/2027						9,676						9,664						9,652
Discovery Purchaser Corporation						Specialty Chemicals & Materials						SOFR(Q)						4.38%						9.62%						10/2029						7,064						6,540						6,800
Dispatch Acquisition Holdings, LLC						Industrial Services						SOFR(Q)						4.25%						9.64%						03/2028						15,527						15,150						13,897
Enverus Holdings, Inc. (fka Drilling Info Holdings, Inc.)						Business Services						SOFR(M)						4.25%						9.45%						07/2025						18,102						18,071						17,304
Eisner Advisory Group LLC						Financial Services						SOFR(M)						5.25%						10.47%						07/2028						2,201						2,117						2,201
EAB Global, Inc.						Education						L(Q)						3.50%						8.87%						08/2028						3,196						3,184						3,160
TRC Companies LLC						Business Services						SOFR(M)						3.75%						8.97%						12/2028						12,425						12,374						12,269
eResearchTechnology, Inc.						Healthcare						SOFR(M)						4.50%						9.72%						02/2027						7,234						7,212						6,971
EyeCare Partners, LLC						Healthcare						SOFR(Q)						3.75%						9.25%						02/2027						14,536						14,526						10,816
Foundational Education Group, Inc.						Education						SOFR(M)						4.25%						9.47%						08/2028						9,650						9,549						8,564
Greenway Health, LLC (fka Vitera Healthcare Solutions, LLC)						Healthcare						L(S)						3.75%						8.96%						02/2024						14,144						14,145						10,563
Groundworks, LLC						Consumer Services						SOFR(M)						6.50%						11.65%						03/2030						1,272						1,235						1,253
Heartland Dental, LLC						Healthcare						SOFR(M)						5.00%						10.10%						04/2028						14,249						13,690						13,761
Help/Systems Holdings, Inc.						Software						SOFR(Q)						4.00%						9.15%						11/2026						17,976						17,874						16,515
Higginbotham Insurance Agency, Inc.						Business Services						SOFR(M)						5.25%						10.45%						11/2026						9,033						8,979						9,033

Portfolio Company and Type of Investment						Industry						Reference						Spread						Interest Rate (1)						Maturity Date						Principal Amount or Par Value						Cost						Fair Value (2)
HighTower Holding, LLC						Financial Services						L(M)						4.00%						9.15%						04/2028						$	4,754					$	4,718					$	4,659
Houghton Mifflin Harcourt Company						Education						SOFR(M)						5.25%						10.45%						04/2029						6,689						6,461						5,742
Hub International Limited						Insurance Services						SOFR(M)						4.25%						9.34%						06/2030						6,442						6,377						6,461
Idera, Inc.						Software						SOFR(M)						3.75%						9.01%						03/2028						15,723						15,713						15,346
Kestra Advisor Services Holdings A, Inc.						Financial Services						SOFR(Q)						4.25%						9.59%						06/2026						11,873						11,833						11,776
LI Group Holdings, Inc.						Software						L(M)						3.75%						8.94%						03/2028						4,550						4,542						4,556
LSCS Holdings, Inc.						Healthcare						L(M)						4.50%						9.69%						12/2028						7,529						7,498						7,369
Mamba Purchaser, Inc.						Healthcare						SOFR(M)						3.50%						8.72%						10/2028						1,596						1,591						1,583
Maverick Bidco Inc.						Software						L(Q)						3.75%						9.02%						05/2028						3,939						3,926						3,796
Maverick Bidco Inc.						Software						SOFR(Q)						4.25%						9.56%						05/2028						2,500						2,379						2,447
Maverick Bidco Inc.						Software						SOFR(Q)						5.00%						10.17%						05/2028						1,995						1,907						1,922
Mavis Tire Express Services Topco Corp.						Retail						SOFR(M)						4.00%						9.22%						05/2028						4,153						4,137						4,119
MED ParentCo, LP						Healthcare						SOFR(M)						4.25%						9.47%						08/2026						12,523						12,463						11,657
Mercury Borrower, Inc.						Business Services						SOFR(M)						3.50%						8.72%						08/2028						4,158						4,140						4,098
MH Sub I, LLC (Micro Holding Corp.)						Software						SOFR(M)						4.25%						9.35%						05/2028						6,576						6,416						6,310
National Intergovernmental Purchasing Alliance Company						Business Services						SOFR(Q)						3.50%						8.74%						05/2025						2,414						2,401						2,406
Netsmart, Inc.						Healthcare						SOFR(M)						4.00%						9.22%						10/2027						3,920						3,920						3,907
Nielsen Consumer Inc.						Business Services						SOFR(M)						6.25%						11.35%						03/2028						4,897						4,379						4,640
Nielsen Consumer Inc.						Business Services						SOFR(M)						6.25%						11.35%						03/2028						10,103						8,992						9,573
Optiv Parent Inc.						Software						SOFR(S)						5.25%						10.34%						07/2026						6,897						6,666						6,589
Outcomes Group Holdings, Inc.						Healthcare						L(M)						3.50%						8.69%						10/2025						3,314						3,310						3,251
Pearls (Netherlands) Bidco B.V.						Specialty Chemicals & Materials						SOFR(Q)						3.75%						8.80%						02/2029						1,719						1,715						1,690
Peraton Corp.						Federal Services						SOFR(M)						3.75%						8.95%						02/2028						7,197						7,171						7,085
PetVet Care Centers, LLC (fka Pearl Intermediate Parent LLC)						Consumer Services						L(M)						3.50%						8.69%						02/2025						4,549						4,547						4,477
Physician Partners, LLC						Healthcare						SOFR(Q)						4.00%						9.39%						12/2028						4,252						4,216						4,004
Planview Parent, Inc.						Software						SOFR(Q)						4.00%						9.50%						12/2027						10,776						10,563						10,268
Premise Health Holding Corp.						Healthcare						SOFR(S)						3.75%						9.34%						07/2025						7,367						7,354						7,072
Project Ruby Ultimate Parent Corp.						Healthcare						SOFR(M)						3.25%						8.47%						03/2028						4,330						4,314						4,232
Project Ruby Ultimate Parent Corp.						Healthcare						SOFR(M)						5.75%						10.97%						03/2028						4,963						4,831						4,962
RealPage, Inc.						Software						SOFR(M)						3.00%						8.22%						04/2028						10,108						10,090						9,895
Renaissance Holding Corp.						Education						SOFR(Q)						4.75%						9.99%						04/2030						6,629						6,434						6,558
RLG Holdings, LLC						Packaging						SOFR(M)						4.25%						9.47%						07/2028						5,756						5,734						5,502
RxB Holdings, Inc.						Healthcare						SOFR(M)						4.50%						9.75%						12/2027						2,992						2,910						2,962
RxB Holdings, Inc.						Healthcare						SOFR(M)						5.25%						10.33%						03/2028						3,697						3,605						3,605
Sierra Enterprises, LLC						Food & Beverage						SOFR(Q)						2.50% + 4.25% PIK						11.80%						05/2027						2,442						2,442						1,881
Snap One Holdings Corp.						Distribution & Logistics						SOFR(Q)						4.50%						9.89%						12/2028						6,589						6,535						6,314
Sovos Brands Intermediate, Inc.						Food & Beverage						L(Q)						3.50%						8.77%						06/2028						7,365						7,351						7,325
Spring Education Group, Inc. (fka SSH Group Holdings, Inc.)						Education						L(Q)						4.00%						9.54%						07/2025						13,866						13,816						13,790
Storable, Inc.						Software						SOFR(M)						3.50%						8.68%						04/2028						3,804						3,797						3,715
Symplr Software, Inc.						Healthcare						SOFR(Q)						4.50%						9.65%						12/2027						15,640						15,540						14,128
Syndigo LLC						Software						L(M)						4.50%						9.65%						12/2027						14,663						14,587						14,196
Therapy Brands Holdings LLC						Software						L(M)						4.00%						9.15%						05/2028						4,077						4,063						3,854
Thermostat Purchaser III, Inc.						Business Services						SOFR(Q)						4.50%						9.91%						08/2028						5,973						5,949						5,927
TMF Sapphire Bidco B.V.						Business Services						SOFR(Q)						5.00%						9.64%						05/2028						2,667						2,613						2,667
UKG Inc.						Software						SOFR(Q)						4.50%						9.88%						05/2026						5,000						4,887						5,001
USI, Inc. (fka Compass Investors Inc.)						Financial Services						SOFR(Q)						3.75%						8.99%						11/2029						5,459						5,356						5,458
Valcour Packaging, LLC						Packaging						L(S)						3.75%						9.40%						10/2028						4,482						4,471						3,793
VT Topco, Inc.						Business Services						SOFR(M)						3.50%						8.72%						08/2025						2,715						2,715						2,687
VT Topco, Inc.						Business Services						SOFR(M)						3.75%						8.97%						08/2025						889						886						878

Portfolio Company and Type of Investment						Industry						Reference						Spread						Interest Rate (1)						Maturity Date						Principal Amount or Par Value						Cost						Fair Value (2)
WatchGuard Technologies, Inc.						Software						SOFR(S)						5.25%						10.11%						07/2029						$	5,263					$	4,950					$	5,030
Waystar Technologies, Inc.						Healthcare						SOFR(M)						4.00%						9.22%						10/2026						4,004						3,998						3,993
Wrench Group LLC						Consumer Services						SOFR(Q)						4.00%						9.50%						04/2026						7,783						7,770						7,710
Wrench Group LLC						Consumer Services						SOFR(Q)						4.50%						9.84%						04/2026						5,500						5,397						5,466
YI, LLC						Healthcare						SOFR(M)						4.00%						9.20%						11/2024						9,440						9,438						9,086
Zest Acquisition Corp.						Healthcare						SOFR(M)						5.50%						10.67%						02/2028						4,103						3,941						3,960
Total Funded Investments																																				$	711,631					$	701,863					$	675,854
Unfunded Investments - First lien
athenahealth Group Inc.						Healthcare												—						—						01/2024						$	847					$	(44)					$	(35)
Groundworks, LLC						Consumer Services												—						—						03/2025						232						(3)						(3)
Thermostat Purchaser III, Inc.						Business Services												—						—						08/2023						937						—						(7)
VT Topco, Inc.						Business Services												—						—						08/2023						—						—						—
Total Unfunded Investments																																				$	2,016					$	(47)					$	(45)
Total Investments																																				$	713,647					$	701,816					$	675,809

(1)All interest is payable in cash unless otherwise indicated. A majority of the variable rate debt investments bear interest at a rate that may be determined by reference to the LIBOR (L), the Prime Rate (P), SOFR, and the alternative base rate (Base). For each investment, the current interest rate provided reflects the rate in effect as of June 30, 2023.

(2)Represents the fair value in accordance with Accounting Standards Codification Topic 820, Fair Value Measurement and Disclosures ("ASC 820"). The Company's board of directors does not determine the fair value of the investments held by SLP III.

The following table is a listing of the individual investments in SLP III's portfolio as of December 31, 2022:

Portfolio Company and Type of Investment						Industry						Reference						Spread						Interest Rate (1)						Maturity Date						Principal Amount or Par Value						Cost						Fair Value (2)
Funded Investments - First lien
ADMI Corp. (aka Aspen Dental)						Healthcare						L(M)						3.75%						8.13%						12/2027						$	2,400					$	2,391					$	2,194
Advisor Group Holdings, Inc.						Financial Services						L(M)						4.50%						8.88%						07/2026						9,700						9,672						9,512
AG Parent Holdings, LLC						Healthcare						L(M)						5.00%						9.38%						07/2026						12,125						12,092						11,769
Artera Services, LLC						Distribution & Logistics						L(Q)						3.50%						8.23%						03/2025						6,838						6,806						5,624
AssuredPartners, Inc.						Insurance Services						SOFR(M)						4.25%						8.57%						02/2027						1,995						1,926						1,985
Aston FinCo S.a.r.l. / Aston US Finco, LLC						Software						L(M)						4.25%						8.63%						10/2026						5,835						5,801						4,989
athenahealth Group Inc.						Healthcare						SOFR(M)						3.50%						7.82%						02/2029						6,912						6,644						6,258
BCPE Empire Holdings, Inc.						Distribution & Logistics						L(M)						4.00%						8.38%						06/2026						4,258						4,235						4,141
BCPE Empire Holdings, Inc.						Distribution & Logistics						SOFR(M)						4.63%						9.05%						06/2026						3,257						3,156						3,205
Bella Holding Company, LLC						Healthcare						L(M)						3.75%						8.13%						05/2028						2,238						2,220						2,123
Bluefin Holding, LLC						Software						L(Q)						5.75%						10.48%						09/2026						9,700						9,617						9,418
Bluefin Holding, LLC						Software						L(Q)						5.75%						10.48%						09/2026						2,562						2,530						2,488
Bracket Intermediate Holding Corp.						Healthcare						L(Q)						4.25%						7.99%						09/2025						14,362						14,333						13,689
Brave Parent Holdings, Inc.						Software						L(M)						4.00%						8.38%						04/2025						4,266						4,260						4,145
Brown Group Holding, LLC						Distribution & Logistics						SOFR(Q)						3.75%						7.91%						07/2029						7,045						6,875						7,033
Cano Health, LLC						Healthcare						SOFR(M)						4.00%						8.42%						11/2027						9,508						9,476						7,642
Cardinal Parent, Inc.						Software						L(Q)						4.50%						9.23%						11/2027						9,922						9,709						9,522
CE Intermediate I, LLC						Software						L(Q)						4.00%						8.59%						11/2028						10,920						10,854						10,388
CentralSquare Technologies, LLC						Software						L(Q)						3.75%						8.48%						08/2025						14,400						14,385						12,488
CHA Holdings, Inc.						Business Services						L(Q)						4.50%						9.23%						04/2025						957						957						945
CommerceHub, Inc.						Software						SOFR(S)						4.00%						8.78%						12/2027						5,717						5,695						5,274
Confluent Health, LLC						Healthcare						L(M)						4.00%						8.38%						11/2028						11,962						11,909						10,212
Confluent Health, LLC						Healthcare						L(M)						4.00%						8.38%						11/2028						1,499						1,492						1,280
Confluent Medical Technologies, Inc.						Healthcare						SOFR(Q)						3.75%						8.33%						02/2029						6,947						6,916						6,617
Convey Health Solutions, Inc.						Healthcare						SOFR(Q)						5.25%						9.93%						09/2026						12,967						12,598						12,578
Cornerstone OnDemand, Inc.						Software						L(M)						3.75%						8.13%						10/2028						4,511						4,492						4,049
Covenant Surgical Partners, Inc.						Healthcare						L(Q)						4.00%						8.41%						07/2026						2,000						1,984						1,710
Covenant Surgical Partners, Inc.						Healthcare						L(Q)						4.00%						8.41%						07/2026						9,680						9,628						8,276
CRCI Longhorn Holdings, Inc.						Business Services						L(M)						3.50%						7.77%						08/2025						14,363						14,333						13,597
CVET Midco 2, L.P.						Software						SOFR(Q)						5.00%						9.58%						10/2029						6,965						6,556						6,539
DG Investment Intermediate Holdings 2, Inc.						Business Services						SOFR(M)						3.75%						8.13%						03/2028						7,388						7,364						7,088
Dealer Tire Financial, LLC						Distribution & Logistics						SOFR(M)						4.50%						8.82%						12/2027						9,725						9,690						9,628
Discovery Purchaser Corporation						Specialty Chemicals & Materials						SOFR(Q)						4.38%						7.97%						10/2029						7,100						6,543						6,499
Dispatch Acquisition Holdings, LLC						Industrial Services						L(Q)						4.25%						8.98%						03/2028						15,606						15,196						13,265
Drilling Info Holdings, Inc.						Business Services						L(M)						4.25%						8.63%						07/2025						18,197						18,159						17,560
EAB Global, Inc.						Education						L(M)						3.50%						7.88%						08/2028						3,212						3,199						3,098
Energize Holdco LLC						Business Services						L(M)						3.75%						8.13%						12/2028						12,488						12,433						11,863
eResearchTechnology, Inc.						Healthcare						L(M)						4.50%						8.88%						02/2027						7,271						7,247						6,459
EyeCare Partners, LLC						Healthcare						L(Q)						3.75%						8.48%						02/2027						14,611						14,599						12,431
Foundational Education Group, Inc.						Education						SOFR(Q)						3.75%						8.59%						08/2028						9,405						9,326						8,840
Greenway Health, LLC						Healthcare						L(Q)						3.75%						8.48%						02/2024						14,219						14,221						9,971
Heartland Dental, LLC						Healthcare						L(M)						3.75%						8.13%						04/2025						18,160						18,126						16,847
Help/Systems Holdings, Inc.						Software						SOFR(Q)						4.00%						8.19%						11/2026						18,068						17,953						16,335
Higginbotham Insurance Agency, Inc.						Business Services						L(M)						5.25%						9.63%						11/2026						9,079						9,018						8,972
HighTower Holding, LLC						Financial Services						L(Q)						4.00%						8.28%						04/2028						4,778						4,739						4,402
Houghton Mifflin Harcourt Company						Education						SOFR(M)						5.25%						9.67%						04/2029						5,652						5,493						5,394
Idera, Inc.						Software						L(Q)						3.75%						7.50%						03/2028						15,803						15,792						14,944

Portfolio Company and Type of Investment						Industry						Reference						Spread						Interest Rate (1)						Maturity Date						Principal Amount or Par Value						Cost						Fair Value (2)
Kestra Advisor Services Holdings A, Inc.						Financial Services						L(Q)						4.25%						8.98%						06/2026						$	11,935					$	11,889					$	11,572
LI Group Holdings, Inc.						Software						L(M)						3.75%						8.13%						03/2028						4,573						4,565						4,493
LSCS Holdings, Inc.						Healthcare						L(M)						4.50%						8.88%						12/2028						7,567						7,534						7,236
Mamba Purchaser, Inc.						Healthcare						L(M)						3.50%						7.89%						10/2028						5,730						5,706						5,486
Maverick Bidco Inc.						Software						L(Q)						3.75%						8.16%						05/2028						3,960						3,945						3,763
Maverick Bidco Inc.						Software						SOFR(Q)						5.00%						9.28%						05/2028						2,000						1,905						1,901
Mavis Tire Express Services Topco Corp.						Retail						SOFR(M)						4.00%						8.50%						05/2028						4,174						4,157						3,993
MED ParentCo, LP						Healthcare						L(M)						4.25%						8.63%						08/2026						12,588						12,520						10,800
Mercury Borrower, Inc.						Business Services						L(Q)						3.50%						8.25%						08/2028						4,179						4,160						3,996
MH Sub I, LLC (Micro Holding Corp.)						Software						L(M)						3.75%						8.13%						09/2024						10,695						10,677						10,406
Mitnick Corporate Purchaser, Inc.						Software						SOFR(Q)						4.75%						8.94%						05/2029						4,655						4,633						4,373
National Intergovernmental Purchasing Alliance Company						Business Services						SOFR(Q)						3.50%						8.08%						05/2025						8,485						8,483						8,416
Navex Topco, Inc.						Software						L(M)						3.25%						7.64%						09/2025						10,887						10,841						10,811
Netsmart, Inc.						Healthcare						L(M)						4.00%						8.38%						10/2027						3,940						3,940						3,805
Outcomes Group Holdings, Inc.						Healthcare						L(Q)						3.25%						7.98%						10/2025						3,331						3,327						3,237
Pearls (Netherlands) Bidco B.V.						Specialty Chemicals & Materials						SOFR(Q)						3.75%						7.84%						02/2029						1,728						1,724						1,682
Peraton Corp.						Federal Services						L(M)						3.75%						8.13%						02/2028						7,235						7,206						7,082
PetVet Care Centers, LLC (fka Pearl Intermediate Parent LLC)						Consumer Services						L(M)						3.50%						7.88%						02/2025						4,573						4,570						4,321
Physician Partners, LLC						Healthcare						SOFR(M)						4.00%						8.42%						12/2028						5,627						5,575						5,383
Planview Parent, Inc.						Software						L(Q)						4.00%						8.73%						12/2027						10,832						10,598						10,109
Premise Health Holding Corp.						Healthcare						L(S)						3.75%						7.92%						07/2025						7,405						7,390						7,183
Project Ruby Ultimate Parent Corp.						Healthcare						L(M)						3.25%						7.63%						03/2028						4,352						4,335						4,124
Project Ruby Ultimate Parent Corp.						Healthcare						SOFR(M)						5.75%						10.07%						03/2028						4,988						4,844						4,838
RealPage, Inc.						Software						L(M)						3.00%						7.38%						04/2028						10,159						10,139						9,687
RLG Holdings, LLC						Packaging						L(M)						4.00%						8.38%						07/2028						5,785						5,761						5,462
Sierra Enterprises, LLC						Food & Beverage						L(Q)						4.00%						8.41%						11/2024						2,381						2,380						1,661
Snap One Holdings Corp.						Distribution & Logistics						L(M)						4.50%						8.88%						12/2028						6,622						6,564						6,093
Sovos Brands Intermediate, Inc.						Food & Beverage						L(Q)						3.50%						7.91%						06/2028						9,429						9,410						9,225
Spring Education Group, Inc. (fka SSH Group Holdings, Inc.)						Education						L(Q)						4.00%						8.73%						07/2025						11,933						11,921						11,692
Storable, Inc.						Software						SOFR(M)						3.50%						7.98%						04/2028						3,823						3,816						3,657
Symplr Software, Inc.						Healthcare						SOFR(Q)						4.50%						8.69%						12/2027						15,720						15,610						13,205
Syndigo LLC						Software						L(M)						4.50%						8.84%						12/2027						14,738						14,655						14,340
Therapy Brands Holdings LLC						Software						L(M)						4.00%						8.35%						05/2028						4,099						4,082						3,853
Thermostat Purchaser III, Inc.						Business Services						L(Q)						4.50%						9.23%						08/2028						6,003						5,978						5,800
USI, Inc. (fka Compass Investors Inc.)						Insurance Services						SOFR(Q)						3.75%						8.33%						11/2029						5,486						5,377						5,441
Valcour Packaging, LLC						Packaging						L(S)						3.75%						7.98%						10/2028						4,504						4,492						3,772
VT Topco, Inc.						Business Services						L(M)						3.75%						8.13%						08/2025						31						31						30
VT Topco, Inc.						Business Services						L(M)						3.50%						7.88%						08/2025						2,729						2,729						2,647
VT Topco, Inc.						Business Services						L(M)						3.75%						8.13%						08/2025						838						835						815
WatchGuard Technologies, Inc.						Software						SOFR(M)						5.25%						9.57%						07/2029						5,290						4,957						5,075
Waystar Technologies, Inc.						Healthcare						L(M)						4.00%						8.38%						10/2026						4,025						4,018						3,972
WP CityMD Bidco LLC						Healthcare						L(M)						3.25%						7.63%						12/2028						4,148						4,123						4,145
Wrench Group LLC						Consumer Services						L(Q)						4.00%						8.73%						04/2026						7,824						7,809						7,565
YI, LLC						Healthcare						L(M)						4.00%						8.38%						11/2024						9,490						9,487						9,174
Total Funded Investments																																				$	687,069					$	681,338					$	639,607

Portfolio Company and Type of Investment						Industry						Reference						Spread						Interest Rate (1)						Maturity Date						Principal Amount or Par Value						Cost						Fair Value (2)
Unfunded Investments - First lien
athenahealth Group Inc.						Healthcare						—						—						—						01/2024						$	847					$	(44)					$	(80)
Confluent Health, LLC						Healthcare						—						—						—						11/2023						1,139						(6)						(167)
Thermostat Purchaser III, Inc.						Business Services						—						—						—						08/2023						937						—						(32)
VT Topco, Inc.						Business Services						—						—						—						08/2023						25						—						(1)
Total Unfunded Investments																																				$	2,948					$	(50)					$	(280)
Total Investments																																				$	690,017					$	681,288					$	639,327

(1)All interest is payable in cash unless otherwise indicated. A majority of the variable rate debt investments bear interest at a rate that may be determined by reference to the LIBOR (L), the Prime Rate (P), Secured Overnight Financing Rate (SOFR) and the alternative base rate (Base). For each investment, the current interest rate provided reflects the rate in effect as of December 31, 2022.

(2)Represents the fair value in accordance with ASC 820. The Company's board of directors does not determine the fair value of the investments held by SLP III.

Below is certain summarized financial information for SLP III as of June 30, 2023 and December 31, 2022 and for the three and six months ended June 30, 2023 and June 30, 2022:

Selected Balance Sheet Information:			June 30, 2023						December 31, 2022
Investments at fair value (cost of $701,816 and $681,288)			$	675,809					$	639,327
Cash and other assets			19,963						17,149
Receivable from unsettled securities sold			1,183						—
Total assets			$	696,955					$	656,476
Credit facility			$	505,300					$	512,100
Deferred financing costs (net of accumulated amortization of $5,414 and $4,840, respectively)			(1,160)						(1,695)
Payable for unsettled securities purchased			29,291						—
Distribution payable			6,672						5,688
Other liabilities			7,531						6,492
Total liabilities			547,634						522,585
Members' capital			$	149,321					$	133,891
Total liabilities and members' capital			$	696,955					$	656,476

Selected Statement of Operations Information:			Three Months Ended												Six Months Ended
			June 30, 2023						June 30, 2022						June 30, 2023						June 30, 2022
Interest income			$	16,149					$	8,724					$	31,235					$	16,654
Other income			66						223						157						353
Total investment income			16,215						8,947						31,392						17,007
Interest and other financing expenses			8,869						3,656						17,275						6,406
Other expenses			293						217						536						436
Total expenses			9,162						3,873						17,811						6,842
Net investment income			7,053						5,074						13,581						10,165
Net realized gains (losses) on investments			12						(4)						(1,855)						(17)
Net change in unrealized appreciation (depreciation) of investments			6,915						(29,943)						15,954						(35,438)
Net increase (decrease) in members' capital			$	13,980					$	(24,873)					$	27,680					$	(25,290)

Below is a summary of SLP IV's consolidated portfolio, along with a listing of the individual investments in SLP IV's consolidated portfolio as of June 30, 2023 and December 31, 2022:

						June 30, 2023						December 31, 2022
First lien investments (1)						$	511,983					$	510,372
Weighted average interest rate on first lien investments (2)						9.59		%				8.54		%
Number of portfolio companies in SLP IV						78						74
Largest portfolio company investment (1)						$	21,866					$	21,982
Total of five largest portfolio company investments (1)						$	93,362					$	93,734

(1)Reflects principal amount or par value of investment.

(2)Computed as the all in interest rate in effect on accruing investments divided by the total principal amount of investments.

The following table is a listing of the individual investments in SLP IV's consolidated portfolio as of June 30, 2023:

Portfolio Company and Type of Investment						Industry						Reference						Spread						Interest Rate (1)						Maturity Date						Principal Amount or Par Value						Cost						Fair Value (2)
Funded Investments - First lien
ADG, LLC						Healthcare						P(Q)						4.00% + 3.00% PIK						12.75%						09/2023						$	16,370					$	16,362					$	15,176
ADMI Corp. (aka Aspen Dental)						Healthcare						SOFR(M)						3.75%						8.97%						12/2027						1,842						1,835						1,729
Advisor Group Holdings, Inc.						Financial Services						L(M)						4.50%						9.69%						07/2026						11,518						11,461						11,540
Aretec Group, Inc. (fka RCS Capital Corporation)						Financial Services						SOFR(Q)						4.50%						9.89%						03/2030						3,808						3,732						3,804
Artera Services, LLC						Distribution & Logistics						SOFR(Q)						3.50%						8.84%						03/2025						5,248						5,229						4,632
athenahealth Group Inc.						Healthcare						SOFR(M)						3.50%						8.59%						02/2029						2,385						2,375						2,288
Barracuda Parent, LLC						Software						SOFR(Q)						4.50%						9.55%						08/2029						4,975						4,840						4,819
Bayou Intermediate II, LLC						Healthcare						SOFR(Q)						4.50%						9.69%						08/2028						8,986						8,941						8,447
BCPE Empire Holdings, Inc.						Distribution & Logistics						SOFR(M)						4.75%						9.83%						12/2028						4,375						4,332						4,370
Bella Holding Company, LLC						Healthcare						SOFR(M)						3.75%						8.95%						05/2028						1,742						1,737						1,711
Bleriot US Bidco Inc.						Federal Services						SOFR(Q)						4.00%						9.50%						10/2026						3,920						3,920						3,926
Bracket Intermediate Holding Corp.						Healthcare						SOFR(Q)						5.00%						10.17%						05/2028						4,416						4,286						4,359
Brave Parent Holdings, Inc.						Software						L(M)						4.00%						9.19%						04/2025						2,332						2,330						2,310
Brown Group Holding, LLC						Distribution & Logistics						SOFR(Q)						3.75%						8.85%						07/2029						5,397						5,274						5,393
CE Intermediate I, LLC						Software						L(Q)						3.50%						8.84%						11/2028						8,136						8,090						8,014
CentralSquare Technologies, LLC						Software						SOFR(Q)						3.75%						9.14%						08/2025						14,325						14,312						13,439
CHA Holdings, Inc.						Business Services						SOFR(Q)						4.50%						10.00%						04/2025						1,973						1,970						1,973
CHA Holdings, Inc.						Business Services						SOFR(Q)						4.50%						10.00%						04/2025						10,749						10,735						10,749
Confluent Health, LLC						Healthcare						SOFR(M)						4.00%						9.22%						11/2028						9,722						9,681						8,847
Confluent Medical Technologies, Inc.						Healthcare						SOFR(Q)						3.75%						8.99%						02/2029						6,913						6,883						6,705
Convey Health Solutions, Inc.						Healthcare						SOFR(Q)						5.25%						10.59%						09/2026						4,963						4,838						4,846
Cornerstone OnDemand, Inc.						Software						SOFR(Q)						3.75%						9.25%						10/2028						3,206						3,193						2,978
CVET Midco 2, L.P.						Software						SOFR(Q)						5.00%						10.24%						10/2029						2,680						2,531						2,503
Dealer Tire Financial, LLC						Distribution & Logistics						SOFR(M)						4.50%						9.60%						12/2027						10,613						10,589						10,586
Discovery Purchaser Corporation						Specialty Chemicals & Materials						SOFR(Q)						4.38%						9.62%						10/2029						5,373						4,974						5,172
Dispatch Acquisition Holdings, LLC						Industrial Services						SOFR(Q)						4.25%						9.64%						03/2028						9,825						9,727						8,793
EAB Global, Inc.						Education						L(Q)						3.50%						8.87%						08/2028						6,389						6,365						6,317
Eisner Advisory Group LLC						Financial Services						SOFR(M)						5.25%						10.47%						07/2028						1,698						1,633						1,698
Emerald 2 Limited						Business Services						SOFR(Q)						3.25%						8.75%						07/2028						438						438						436
Enverus Holdings, Inc. (fka Drilling Info Holdings, Inc.)						Business Services						SOFR(M)						4.25%						9.45%						07/2025						20,182						20,152						19,293
eResearchTechnology, Inc.						Healthcare						SOFR(M)						4.50%						9.72%						02/2027						4,362						4,337						4,204
EyeCare Partners, LLC						Healthcare						SOFR(Q)						3.75%						9.25%						11/2028						9,875						9,855						7,278
Foundational Education Group, Inc.						Education						SOFR(M)						4.25%						9.47%						08/2028						6,403						6,353						5,682
Geo Parent Corporation						Business Services						SOFR(S)						5.25%						10.17%						12/2025						9,659						9,481						9,659
Greenway Health, LLC (fka Vitera Healthcare Solutions, LLC)						Healthcare						L(S)						3.75%						8.96%						02/2024						20,619						20,608						15,400
Heartland Dental, LLC						Healthcare						SOFR(M)						5.00%						10.10%						04/2028						7,643						7,344						7,382
Help/Systems Holdings, Inc.						Software						SOFR(Q)						4.00%						9.15%						11/2026						9,758						9,735						8,965
Houghton Mifflin Harcourt Company						Education						SOFR(M)						5.25%						10.45%						04/2029						4,839						4,673						4,154
Hub International Limited						Insurance Services						SOFR(M)						4.25%						9.34%						06/2030						2,761						2,733						2,769
Hunter Holdco 3 Limited						Healthcare						SOFR(Q)						4.25%						9.59%						08/2028						3,949						3,919						3,934
Idera, Inc.						Software						SOFR(M)						3.75%						9.01%						03/2028						9,177						9,120						8,958
Kestra Advisor Services Holdings A, Inc.						Financial Services						SOFR(Q)						4.25%						9.59%						06/2026						5,402						5,366						5,358
LSCS Holdings, Inc.						Healthcare						L(M)						4.50%						9.69%						12/2028						8,626						8,593						8,443
Mamba Purchaser, Inc.						Healthcare						SOFR(M)						3.50%						8.72%						10/2028						1,141						1,136						1,131
Mandolin Technology Intermediate Holdings, Inc.						Software						SOFR(Q)						3.75%						9.14%						07/2028						9,850						9,812						8,274
Maverick Bidco Inc.						Software						SOFR(Q)						5.00%						10.17%						05/2028						1,995						1,907						1,922

Portfolio Company and Type of Investment						Industry						Reference						Spread						Interest Rate (1)						Maturity Date						Principal Amount or Par Value						Cost						Fair Value (2)
Maverick Bidco Inc.						Software						L(Q)						3.75%						9.02%						05/2028						$	7,881					$	7,851					$	7,592
Mavis Tire Express Services Topco Corp.						Retail						SOFR(M)						4.00%						9.22%						05/2028						8,305						8,275						8,238
Mercury Borrower, Inc.						Business Services						SOFR(M)						3.50%						8.72%						08/2028						6,156						6,133						6,068
MH Sub I, LLC (Micro Holding Corp.)						Software						SOFR(M)						4.25%						9.35%						05/2028						4,807						4,672						4,613
National Intergovernmental Purchasing Alliance Company						Business Services						SOFR(Q)						3.50%						8.74%						05/2025						375						374						374
Netsmart, Inc.						Healthcare						SOFR(M)						4.00%						9.22%						10/2027						6,860						6,860						6,837
Nielsen Consumer Inc.						Business Services						SOFR(M)						6.25%						11.35%						03/2028						3,265						2,916						3,093
Nielsen Consumer Inc.						Business Services						SOFR(M)						6.25%						11.35%						03/2028						6,735						5,995						6,382
OEConnection LLC						Software						SOFR(M)						4.00%						9.21%						09/2026						4,060						4,038						3,999
Optiv Parent Inc.						Software						SOFR(S)						5.25%						10.34%						07/2026						5,320						5,141						5,083
Pearls (Netherlands) Bidco B.V.						Specialty Chemicals & Materials						SOFR(Q)						3.75%						8.80%						02/2029						1,326						1,323						1,303
PetVet Care Centers, LLC (fka Pearl Intermediate Parent LLC)						Consumer Services						L(M)						3.50%						8.69%						02/2025						7,934						7,924						7,809
Physician Partners, LLC						Healthcare						SOFR(Q)						4.00%						9.39%						12/2028						3,214						3,187						3,026
Premise Health Holding Corp.						Healthcare						SOFR(S)						3.75%						9.34%						07/2025						1,936						1,932						1,858
Project Boost Purchaser, LLC						Business Services						SOFR(M)						3.50%						8.72%						05/2026						1,453						1,450						1,439
RealPage, Inc.						Software						SOFR(M)						3.00%						8.22%						04/2028						3,610						3,600						3,534
Renaissance Holding Corp.						Education						SOFR(Q)						4.75%						9.99%						04/2030						5,114						4,964						5,059
Sierra Enterprises, LLC						Food & Beverage						SOFR(Q)						6.75%						11.80%						05/2027						4,279						4,272						3,295
Snap One Holdings Corp.						Distribution & Logistics						SOFR(Q)						4.50%						9.89%						12/2028						8,541						8,471						8,185
Sovos Brands Intermediate, Inc.						Food & Beverage						L(Q)						3.50%						8.77%						06/2028						3,904						3,897						3,883
STATS Intermediate Holdings, LLC						Business Services						SOFR(Q)						7.25%						12.34%						07/2026						2,283						2,203						2,191
Storable, Inc.						Software						SOFR(M)						3.50%						8.68%						04/2028						3,940						3,922						3,847
Symplr Software, Inc.						Healthcare						SOFR(Q)						4.50%						9.65%						12/2027						3,745						3,738						3,383
Syndigo LLC						Software						L(M)						4.50%						9.65%						12/2027						9,710						9,696						9,401
Therapy Brands Holdings LLC						Software						L(M)						4.00%						9.15%						05/2028						5,999						5,976						5,669
Thermostat Purchaser III, Inc.						Business Services						SOFR(Q)						4.50%						9.91%						08/2028						4,266						4,249						4,233
TRC Companies LLC						Business Services						SOFR(M)						3.75%						8.97%						12/2028						8,955						8,918						8,843
USIC Holdings, Inc.						Business Services						L(M)						3.50%						8.69%						05/2028						3,781						3,770						3,588
Valcour Packaging, LLC						Packaging						L(S)						3.75%						9.40%						10/2028						3,260						3,252						2,759
VT Topco, Inc.						Business Services						SOFR(M)						3.75%						8.97%						08/2025						8,888						8,863						8,784
WatchGuard Technologies, Inc.						Software						SOFR(S)						5.25%						10.11%						07/2029						4,060						3,819						3,880
Wrench Group LLC						Consumer Services						SOFR(Q)						4.00%						9.50%						04/2026						9,420						9,379						9,331
YI, LLC						Healthcare						SOFR(M)						4.00%						9.20%						11/2024						21,866						21,860						21,046
Zest Acquisition Corp.						Healthcare						SOFR(M)						5.50%						10.67%						02/2028						3,165						3,045						3,055
Zone Climate Services, Inc.						Business Services						SOFR(Q)						4.75%						9.95%						03/2028						9,875						9,713						9,874
Zone Climate Services, Inc.						Business Services						SOFR(Q)						4.75%						9.95%						03/2028						2,171						2,134						2,171
Total Funded Investments																																				$	511,017					$	505,549					$	484,091
Unfunded Investments - First lien
athenahealth Group Inc.						Healthcare																								01/2024						$	294					$	—					$	(12)
Thermostat Purchaser III, Inc.						Business Services																								08/2023						669						—						(5)
VT Topco, Inc.						Business Services																								08/2023						4						—						—
Total Unfunded Investments																																				967						—						(17)
Total Investments																																				$	511,984					$	505,549					$	484,074

(1)All interest is payable in cash unless otherwise indicated. A majority of the variable rate debt investments bear interest at a rate that may be determined by reference to the LIBOR (L), the Prime Rate (P), SOFR, and the alternative base rate (Base). For each investment, the current interest rate provided reflects the rate in effect as of June 30, 2023.

(2)Represents the fair value in accordance with ASC 820. The Company's board of directors does not determine the fair value of the investments held by SLP IV.

The following table is a listing of the individual investments in SLP IV's consolidated portfolio as of December 31, 2022:

Portfolio Company and Type of Investment						Industry						Reference						Spread						Interest Rate (1)						Maturity Date						Principal Amount or Par Value						Cost						Fair Value (2)
Funded Investments - First lien
ADG, LLC						Healthcare						L (M)						4.75% + 0.50%/PIK						9.69%						09/2023						$	16,335					$	16,315					$	15,674
ADMI Corp. (aka Aspen Dental)						Healthcare						L (M)						3.75%						8.13%						12/2027						1,852						1,844						1,693
Advisor Group Holdings, Inc.						Financial Services						L (M)						4.50%						8.88%						07/2026						11,577						11,513						11,353
Artera Services, LLC						Distribution & Logistics						L (Q)						3.50%						8.23%						03/2025						5,275						5,251						4,339
athenahealth Group Inc.						Healthcare						SOFR (M)						3.50%						7.82%						02/2029						2,397						2,387						2,171
Barracuda Parent, LLC						Software						SOFR (Q)						4.50%						8.59%						08/2029						5,000						4,856						4,822
Bayou Intermediate II, LLC						Healthcare						L (Q)						4.50%						8.96%						08/2028						8,607						8,571						8,305
Bella Holding Company, LLC						Healthcare						L (M)						3.75%						8.13%						05/2028						1,751						1,746						1,661
Bleriot US Bidco Inc.						Federal Services						L (Q)						4.00%						8.73%						10/2026						3,940						3,940						3,907
Bracket Intermediate Holding Corp.						Healthcare						L (Q)						4.25%						7.99%						09/2025						4,427						4,418						4,220
Brave Parent Holdings, Inc.						Software						L (M)						4.00%						8.38%						04/2025						2,345						2,342						2,278
Brown Group Holding, LLC						Distribution & Logistics						SOFR (Q)						3.75%						7.91%						07/2029						5,424						5,293						5,416
Cano Health, LLC						Healthcare						SOFR (M)						4.00%						8.42%						11/2027						7,478						7,473						6,011
CE Intermediate I, LLC						Software						L (Q)						4.00%						8.59%						11/2028						8,178						8,127						7,779
CentralSquare Technologies, LLC						Software						P (Q)						3.75%						8.48%						08/2025						14,400						14,385						12,488
Certara Holdco, Inc.						Healthcare						L (M)						3.50%						7.88%						08/2026						3,900						3,893						3,849
CHA Holdings, Inc.						Business Services						L (Q)						4.50%						9.23%						04/2025						1,984						1,979						1,960
CHA Holdings, Inc.						Business Services						L (Q)						4.50%						9.23%						04/2025						10,806						10,788						10,679
Confluent Health, LLC						Healthcare						L (M)						4.00%						8.68%						11/2028						999						991						853
Confluent Health, LLC						Healthcare						L (M)						4.00%						8.38%						11/2028						8,014						7,979						6,842
Confluent Medical Technologies, Inc.						Healthcare						SOFR (Q)						3.75%						8.33%						02/2029						6,948						6,916						6,617
Convey Health Solutions, Inc.						Healthcare						SOFR (Q)						5.25%						9.83%						09/2026						4,988						4,846						4,838
Cornerstone OnDemand, Inc.						Software						L (M)						3.75%						8.13%						10/2028						3,222						3,209						2,892
CVET Midco 2, L.P.						Software						SOFR (Q)						5.00%						9.58%						10/2029						2,687						2,529						2,522
Dealer Tire Financial, LLC						Distribution & Logistics						SOFR (M)						4.50%						8.82%						12/2027						10,666						10,640						10,559
Discovery Purchaser Corporation						Specialty Chemicals & Materials						SOFR (Q)						4.38%						7.97%						10/2029						5,400						4,976						4,943
Dispatch Acquisition Holdings, LLC						Industrial Services						L (Q)						4.25%						8.98%						03/2028						9,875						9,769						8,393
Drilling Info Holdings, Inc.						Business Services						L (M)						4.25%						8.63%						07/2025						20,288						20,251						19,578
EAB Global, Inc.						Education						L (M)						3.50%						7.88%						08/2028						6,422						6,395						6,193
Emerald 2 Limited						Business Services						L (Q)						3.25%						7.98%						07/2028						441						440						437
Energize Holdco LLC						Business Services						L (M)						3.75%						8.13%						12/2028						9,000						8,961						8,550
eResearchTechnology, Inc.						Healthcare						L (M)						4.50%						8.88%						02/2027						4,384						4,357						3,895
EyeCare Partners, LLC						Healthcare						L (Q)						3.75%						8.48%						11/2028						9,925						9,904						8,445
Foundational Education Group, Inc.						Education						SOFR (Q)						3.75%						8.59%						08/2028						6,435						6,381						6,048
Geo Parent Corporation						Business Services						SOFR (Q)						5.25%						9.44%						12/2025						9,709						9,499						9,470
Greenway Health, LLC						Healthcare						L (Q)						3.75%						8.48%						02/2024						20,729						20,710						14,536
Heartland Dental, LLC						Healthcare						L (M)						3.75%						8.13%						04/2025						3,535						3,529						3,280
Heartland Dental, LLC						Healthcare						L (M)						4.00%						8.39%						04/2025						6,206						6,186						5,785
Help/Systems Holdings, Inc.						Software						SOFR (Q)						4.00%						8.19%						11/2026						9,808						9,782						8,867
Houghton Mifflin Harcourt Company						Education						SOFR (M)						5.25%						9.67%						04/2029						4,037						3,926						3,854
Hunter Holdco 3 Limited						Healthcare						L (Q)						4.25%						8.98%						08/2028						3,949						3,916						3,886
Idera, Inc.						Software						L (Q)						3.75%						7.50%						03/2028						9,224						9,162						8,723
Kestra Advisor Services Holdings A, Inc.						Financial Services						L (Q)						4.25%						8.98%						06/2026						5,430						5,389						5,265
LSCS Holdings, Inc.						Healthcare						L (M)						4.50%						8.88%						12/2028						8,669						8,634						8,290
Mamba Purchaser, Inc.						Healthcare						L (M)						3.50%						7.89%						10/2028						4,092						4,075						3,919
Mandolin Technology Intermediate Holdings, Inc.						Software						L (Q)						3.75%						8.16%						07/2028						9,900						9,859						9,281
Maverick Bidco Inc.						Software						SOFR (Q)						5.00%						9.28%						05/2028						2,000						1,905						1,901
Maverick Bidco Inc.						Software						L (Q)						3.75%						8.16%						05/2028						7,921						7,889						7,527

Portfolio Company and Type of Investment						Industry						Reference						Spread						Interest Rate (1)						Maturity Date						Principal Amount or Par Value						Cost						Fair Value (2)
Mavis Tire Express Services Topco Corp.						Retail						SOFR (M)						4.00%						8.50%						05/2028						$	8,348					$	8,314					$	7,985
Mercury Borrower, Inc.						Business Services						L (Q)						3.50%						8.25%						08/2028						6,188						6,162						5,917
MH Sub I, LLC (Micro Holding Corp.)						Software						L (M)						3.75%						8.13%						09/2024						7,818						7,805						7,606
National Intergovernmental Purchasing Alliance Company						Business Services						SOFR (Q)						3.50%						8.08%						05/2025						1,319						1,320						1,308
Netsmart, Inc.						Healthcare						L (M)						4.00%						8.38%						10/2027						6,894						6,895						6,658
OEConnection LLC						Software						SOFR (M)						4.00%						8.42%						09/2026						4,081						4,056						3,899
Pearls (Netherlands) Bidco B.V.						Specialty Chemicals & Materials						SOFR (Q)						3.75%						7.84%						02/2029						1,333						1,330						1,298
PetVet Care Centers, LLC (fka Pearl Intermediate Parent LLC)						Consumer Services						L (M)						3.50%						7.88%						02/2025						7,975						7,962						7,537
Physician Partners, LLC						Healthcare						SOFR (M)						4.00%						8.42%						12/2028						4,252						4,214						4,068
Premise Health Holding Corp.						Healthcare						L (S)						3.75%						7.92%						07/2025						1,946						1,942						1,888
Project Boost Purchaser, LLC						Business Services						L (M)						3.50%						7.88%						05/2026						2,463						2,458						2,377
RealPage, Inc.						Software						L (M)						3.00%						7.38%						04/2028						3,628						3,617						3,460
RLG Holdings, LLC						Packaging						L (M)						4.00%						8.38%						07/2028						4,719						4,700						4,456
Sierra Enterprises, LLC						Food & Beverage						L (Q)						4.00%						8.41%						11/2024						4,172						4,164						2,910
Snap One Holdings Corp.						Distribution & Logistics						L (M)						4.50%						8.88%						12/2028						8,584						8,509						7,898
Sovos Brands Intermediate, Inc.						Food & Beverage						L (Q)						3.50%						7.91%						06/2028						8,290						8,273						8,110
STATS Intermediate Holdings, LLC						Business Services						SOFR (Q)						7.25%						11.52%						07/2026						2,294						2,204						2,202
Storable, Inc.						Software						SOFR (M)						3.50%						7.98%						04/2028						3,960						3,940						3,788
Symplr Software, Inc.						Healthcare						SOFR (Q)						4.50%						8.69%						12/2027						3,765						3,756						3,163
Syndigo LLC						Software						L (M)						4.50%						8.84%						12/2027						9,760						9,744						9,497
Therapy Brands Holdings LLC						Software						L (M)						4.00%						8.35%						05/2028						6,030						6,004						5,668
Thermostat Purchaser III, Inc.						Business Services						L (Q)						4.50%						9.23%						08/2028						4,288						4,270						4,143
USIC Holdings, Inc.						Business Services						L (M)						3.50%						7.88%						05/2028						3,801						3,788						3,638
Valcour Packaging, LLC						Packaging						L (S)						3.75%						7.98%						10/2028						3,276						3,268						2,744
Virtusa Corporation						Information Technology						SOFR (M)						3.75%						8.17%						02/2029						2,281						2,260						2,208
VT Topco, Inc.						Business Services						L (M)						3.75%						6.16%						08/2025						308						306						293
VT Topco, Inc.						Business Services						L (M)						3.75%						8.13%						08/2025						8,378						8,350						8,154
WatchGuard Technologies, Inc.						Software						SOFR (M)						5.25%						9.57%						07/2029						4,081						3,824						3,915
Wrench Group LLC						Consumer Services						L (Q)						4.00%						8.73%						04/2026						9,469						9,421						9,155
YI, LLC						Healthcare						L (M)						4.00%						8.38%						11/2024						21,982						21,975						21,251
Zone Climate Services, Inc.						Business Services						SOFR (S)						4.75%						8.62%						03/2028						9,950						9,773						9,791
Zone Climate Services, Inc.						Business Services						SOFR (S)						4.75%						8.64%						03/2028						2,187						2,149						2,152
Total Funded Investments																																				$	508,399					$	504,879					$	473,931
Unfunded Investments - First lien
athenahealth Group Inc.						Healthcare						—						—						—						01/2024						$	294					$	—					$	(28)
Confluent Health, LLC						Healthcare						—						—						—						11/2023						759						(4)						(111)
Thermostat Purchaser III, Inc.						Business Services						—						—						—						08/2023						669						—						(23)
VT Topco, Inc.						Business Services						—						—						—						08/2023						251						—						(7)
Total Unfunded Investments																																				$	1,973					$	(4)					$	(169)
Total Investments																																				$	510,372					$	504,875					$	473,762

(1)All interest is payable in cash unless otherwise indicated. A majority of the variable rate debt investments bear interest at a rate that may be determined by reference to the LIBOR (L), the Prime Rate (P), Secured Overnight Financing Rate (SOFR) and the alternative base rate (Base). For each investment, the current interest rate provided reflects the rate in effect as of December 31, 2022.

(2)Represents the fair value in accordance with ASC 820. The Company's board of directors does not determine the fair value of the investments held by SLP IV.

Below is certain summarized consolidated financial information for SLP IV as of June 30, 2023 and December 31, 2022 and for the three and six months ended June 30, 2023 and June 30, 2022:

Selected Consolidated Balance Sheet Information:			June 30, 2023						December 31, 2022
Investments at fair value (cost of $505,549 and $504,875, respectively)			$	484,074					$	473,762
Receivable from unsettled securities sold			865						—
Cash and other assets			16,152						12,853
Total assets			$	501,091					$	486,615
Credit facility			$	356,637					$	365,537
Deferred financing costs (net of accumulated amortization of $1,295 and $997, respectively)			(1,718)						(2,008)
Payable for unsettled securities purchased			12,460						—
Distribution payable			5,273						4,648
Other liabilities			6,291						5,410
Total liabilities			378,943						373,587
Members' capital			$	122,148					$	113,028
Total liabilities and members' capital			$	501,091					$	486,615

Selected Consolidated Statement of Operations Information:			Three Months Ended												Six Months Ended
			June 30, 2023						June 30, 2022						June 30, 2023						June 30, 2022
Interest income			$	11,991					$	6,481					$	23,249					12,416
Other income			42						52						158						155
Total investment income			12,033						6,533						23,407						12,571
Interest and other financing expenses			6,176						2,545						12,008						4,348
Other expenses			227						187						432						408
Total expenses			6,403						2,732						12,440						4,756
Net investment income			5,630						3,801						10,967						7,815
Net realized gains (losses) on investments			15						10						(1,654)						8
Net change in unrealized appreciation (depreciation) of investments			4,160						(20,419)						9,638						(24,129)
Net increase (decrease) in members' capital			$	9,805					$	(16,608)					$	18,951					(16,306)

X

- Definition

Tabular disclosure of summarized financial information for nonconsolidated subsidiary of investment company. Excludes information consolidated by reporting entity.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(i))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

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Namespace Prefix:	us-gaap_
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X

- Definition

Tabular disclosure of data and information required in the supplementary schedule applicable to management investment companies listing holdings of unaffiliated investments.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480524/946-210-50-6

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480524/946-210-50-6

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480524/946-210-50-6

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)(4)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480524/946-210-50-6

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480524/946-210-50-6

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480524/946-210-50-1

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