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Investments (Tables)

9 Months Ended

Sep. 30, 2024

Schedule of Investments [Abstract]

Schedule of Investments

At September 30, 2024, the Company's investments consisted of the following:

Investment Cost and Fair Value by Type

			Cost						Fair Value
First lien			$	2,083,293					$	2,072,485
Second lien			260,689						250,871
Subordinated			120,011						109,811
Equity and other			802,320						832,104
Total investments			$	3,266,313					$	3,265,271

Investment Cost and Fair Value by Industry

			Cost						Fair Value
Software			$	930,735					$	926,639
Business Services			583,812						575,852
Healthcare			521,248						508,572
Investment Funds (includes investments in joint ventures)			272,400						272,400
Consumer Services			198,419						198,868
Education			202,259						187,313
Financial Services			120,049						125,294
Net Lease			93,649						124,880
Distribution & Logistics			114,318						115,361
Packaging			67,398						68,538
Energy			66,746						64,808
Food & Beverage			38,612						40,852
Business Products			26,672						26,692
Consumer Products			20,639						19,177
Specialty Chemicals & Materials			9,357						10,025
Total investments			$	3,266,313					$	3,265,271

At December 31, 2023, the Company’s investments consisted of the following:

Investment Cost and Fair Value by Type

			Cost						Fair Value
First lien			$	1,709,247					$	1,683,952
Second lien			472,930						424,513
Subordinated			100,236						90,948
Equity and other			755,795						811,909
Total investments			$	3,038,208					$	3,011,322

Investment Cost and Fair Value by Industry

			Cost						Fair Value
Software			$	815,065					$	809,401
Business Services			561,492						539,926
Healthcare			516,086						477,854
Investment Funds (includes investments in joint ventures)			252,400						252,400
Education			188,851						211,550
Consumer Services			192,796						192,501
Net Lease			95,782						118,407
Distribution & Logistics			118,212						110,721
Financial Services			104,330						105,138
Energy			61,108						65,170
Packaging			43,181						36,007
Specialty Chemicals & Materials			25,329						28,452
Business Products			22,630						22,628
Food & Beverage			20,370						22,055
Consumer Products			20,576						19,112
Total investments			$	3,038,208					$	3,011,322

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 September 30, 2024 and December 31, 2023:

						September 30, 2024						December 31, 2023
First lien investments (1)						$	694,510					$	657,208
Weighted average interest rate on first lien investments (2)						9.07		%				9.79		%
Number of portfolio companies in SLP III						88						87
Largest portfolio company investment (1)						$	17,743					$	17,883
Total of five largest portfolio company investments (1)						$	80,382					$	79,458

(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 September 30, 2024:

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%						8.71%						12/2027						$	2,358					$	2,351					$	2,313
AG Parent Holdings, LLC						Healthcare						SOFR(Q)						5.00%						10.32%						07/2026						7,237						7,226						6,731
Ardonagh Midco 3 Limited						Financial Services						SOFR (Q)						3.75%						8.35%						02/2031						9,400						9,353						9,420
Aretec Group, Inc. (fka RCS Capital Corporation)						Financial Services						SOFR(M)						4.00%						8.85%						08/2030						6,577						6,444						6,453
Ascensus Group Holdings, Inc.						Business Services						SOFR(M)						3.50%						8.46%						08/2028						2,795						2,785						2,798
AssuredPartners, Inc						Business Services						SOFR(M)						3.50%						8.35%						02/2031						1,960						1,958						1,961
Aston FinCo S.a r.l.						Software						SOFR(M)						4.25%						9.21%						10/2026						5,730						5,711						5,469
Asurion, LLC						Business Services						SOFR(M)						4.25%						9.20%						08/2028						13,167						13,068						12,992
athenahealth Group Inc.						Healthcare						SOFR(M)						3.25%						8.10%						02/2029						6,790						6,589						6,759
Bach Finance Limited						Education						SOFR(Q)						3.75%						8.81%						02/2031						2,129						2,124						2,144
Bayou Intermediate II, LLC						Healthcare						SOFR(Q)						4.50%						10.01%						08/2028						3,969						3,947						3,890
BCPE Empire Holdings, Inc.						Distribution & Logistics						SOFR(M)						4.00%						8.85%						12/2028						7,421						7,362						7,433
Bella Holding Company, LLC						Healthcare						SOFR(M)						3.75%						8.70%						05/2028						7,820						7,799						7,834
BIFM CA Buyer Inc.						Business Services						SOFR(M)						4.25%						9.10%						05/2028						3,580						3,538						3,598
Boxer Parent Company Inc.						Software						SOFR(Q)						3.75%						9.01%						07/2031						15,321						15,283						15,301
Bracket Intermediate Holding Corp.						Healthcare						SOFR(Q)						5.00%						9.70%						05/2028						14,146						13,820						14,228
Brown Group Holding, LLC						Distribution & Logistics						SOFR(Q)						2.75%						7.84%						07/2031						2,704						2,653						2,701
BW Holding, Inc.						Packaging						SOFR(Q)						4.00%						9.21%						12/2028						2,750						2,591						2,542
Cardinal Parent, Inc.						Software						SOFR(Q)						4.50%						9.25%						11/2027						9,746						9,601						9,128
CE Intermediate I, LLC						Software						SOFR(Q)						3.50%						8.76%						11/2028						10,728						10,679						10,758
Chrysaor Bidco S.a r.l.						Information Services						SOFR (Q)						3.50%						8.10%						07/2031						2,131						2,131						2,143
Cloudera, Inc.						Software						SOFR(M)						3.75%						8.70%						10/2028						12,527						12,355						12,235
CommerceHub, Inc.						Software						SOFR(M)						6.25%						11.35%						12/2027						3,930						3,582						3,930
CommerceHub, Inc.						Software						SOFR(M)						4.00%						9.20%						12/2027						6,899						6,837						6,432
Confluent Health, LLC						Healthcare						SOFR(M)						4.00%						8.96%						11/2028						9,719						9,686						9,525
Confluent Medical Technologies, Inc.						Healthcare						SOFR(Q)						3.75%						8.35%						02/2029						6,825						6,802						6,853
ConnectWise, LLC						Software						SOFR(Q)						3.50%						8.37%						09/2028						7,979						7,960						7,983
Convey Health Solutions, Inc.						Healthcare						SOFR(Q)						1.00% + 4.25%/PIK						9.95%						07/2029						8,812						8,667						7,979
Cornerstone OnDemand, Inc.						Software						SOFR(M)						3.75%						8.71%						10/2028						2,566						2,558						2,406
CVET Midco 2, L.P.						Software						SOFR(Q)						5.00%						9.60%						10/2029						9,831						9,453						9,355
Dealer Tire Financial, LLC						Distribution & Logistics						SOFR(M)						3.50%						8.35%						07/2031						11,580						11,523						11,628
DG Investment Intermediate Holdings 2, Inc.						Business Services						SOFR(M)						3.75%						8.71%						03/2028						10,314						10,283						10,298
Discovery Purchaser Corporation						Specialty Chemicals & Materials						SOFR(Q)						4.38%						9.69%						10/2029						9,468						9,009						9,436
Dispatch Acquisition Holdings, LLC						Industrial Services						SOFR(Q)						4.25%						9.00%						03/2028						15,329						15,040						14,020
EAB Global, Inc.						Education						SOFR(M)						3.25%						8.10%						08/2028						2,823						2,804						2,816
Eagle Parent Corp.						Business Services						SOFR(Q)						4.25%						8.85%						04/2029						7,411						7,304						7,048
Eisner Advisory Group LLC						Financial Services						SOFR(M)						4.00%						8.85%						02/2031						8,654						8,591						8,690
eResearchTechnology, Inc.						Healthcare						SOFR(M)						4.00%						8.85%						02/2027						3,603						3,603						3,623
Flash Charm, Inc.						Software						SOFR(Q)						3.50%						8.75%						03/2028						16,549						16,537						16,247
Foundational Education Group, Inc.						Education						SOFR(Q)						3.75%						9.26%						08/2028						14,246						14,134						13,747
Groundworks, LLC						Business Services						SOFR(M)						3.50%						8.60%						03/2031						259						257						258
Groundworks, LLC						Business Services						SOFR(M)						3.50%						8.60%						03/2031						8,811						8,760						8,761
Heartland Dental, LLC						Healthcare						SOFR(M)						4.50%						9.35%						04/2028						14,072						13,639						13,846
Help/Systems Holdings, Inc.						Software						SOFR(M)						4.00%						8.95%						11/2026						17,743						17,677						16,939
Higginbotham Insurance Agency, Inc.						Business Services						SOFR(M)						4.50%						9.35%						11/2026						8,919						8,876						8,919
HighTower Holding, LLC						Financial Services						SOFR(Q)						3.50%						8.75%						08/2028						4,694						4,666						4,702
Houghton Mifflin Harcourt Company						Education						SOFR(M)						5.25%						10.20%						04/2029						8,089						7,866						7,890

Portfolio Company and Type of Investment						Industry						Reference						Spread						Interest Rate (1)						Maturity Date						Principal Amount or Par Value						Cost						Fair Value (2)
Inizio Group Limited						Healthcare						SOFR(Q)						4.25%						8.95%						08/2028						$	4,500					$	4,468					$	4,483
Kestra Advisor Services Holdings A, Inc.						Financial Services						SOFR(Q)						4.00%						9.06%						03/2031						10,022						9,998						10,068
LI Group Holdings, Inc.						Software						SOFR(M)						3.50%						8.46%						03/2028						3,714						3,709						3,728
LSCS Holdings, Inc.						Healthcare						SOFR(M)						4.50%						9.46%						12/2028						12,004						11,908						11,981
Marcel Bidco LLC (Marcel Bidco GmbH)						Software						SOFR(M)						4.00%						9.34%						11/2030						2,830						2,791						2,851
Maverick Bidco Inc.						Software						SOFR(Q)						5.00%						10.20%						05/2028						1,970						1,901						1,967
Maverick Bidco Inc.						Software						SOFR(Q)						3.75%						9.15%						05/2028						8,877						8,850						8,863
Maverick Bidco Inc.						Software						SOFR(Q)						4.25%						9.76%						05/2028						2,469						2,375						2,468
Mavis Tire Express Services Topco, Corp.						Retail						SOFR(M)						3.50%						8.35%						05/2028						4,100						4,089						4,103
MED ParentCo, LP						Healthcare						SOFR(M)						4.00%						8.85%						04/2031						9,954						9,907						9,981
MH Sub I, LLC (Micro Holding Corp.)						Business Services						SOFR(M)						4.25%						9.10%						05/2028						7,094						6,966						7,057
Nielsen Consumer Inc.						Business Services						SOFR(M)						4.75%						9.60%						03/2028						14,790						14,755						14,766
OMNIA Partners, LLC						Business Services						SOFR(Q)						3.25%						8.53%						07/2030						8,459						8,397						8,495
Osaic Holdings, Inc.						Financial Services						SOFR(M)						4.00%						8.85%						08/2028						11,597						11,474						11,490
Osmosis Buyer Limited						Consumer Products						SOFR(M)						3.50%						8.70%						07/2028						11,048						10,933						11,047
Pearls (Netherlands) Bidco B.V.						Specialty Chemicals & Materials						SOFR(Q)						4.00%						9.25%						02/2029						1,699						1,696						1,704
Peraton Corp.						Federal Services						SOFR(M)						3.75%						8.70%						02/2028						4,114						4,103						3,968
Perforce Software, Inc.						Software						SOFR(M)						4.75%						9.60%						03/2031						6,614						6,585						6,613
Physician Partners, LLC						Healthcare						SOFR(S)						4.00%						9.56%						12/2028						4,199						4,170						2,737
Plano Holdco, Inc.						Information Technology						SOFR (Q)						3.50%						8.09%						08/2031						4,625						4,602						4,636
Planview Parent, Inc.						Software						SOFR(Q)						3.75%						8.35%						12/2027						10,667						10,506						10,689
Project Alpha Intermediate Holding, Inc.						Software						SOFR(Q)						3.75%						9.00%						10/2030						13,676						13,428						13,724
Project Ruby Ultimate Parent Corp.						Healthcare						SOFR(M)						3.25%						8.21%						03/2028						4,274						4,262						4,274
Pushpay USA Inc.						Software						SOFR(Q)						4.50%						9.10%						08/2031						3,120						3,089						3,124
Quartz Holding Company						Software						SOFR(M)						4.00%						8.85%						10/2028						9,107						9,066						9,113
RealPage, Inc.						Software						SOFR(M)						3.00%						7.96%						04/2028						4,272						4,266						4,152
Renaissance Holding Corp.						Education						SOFR(M)						4.25%						9.10%						04/2030						5,042						4,915						5,046
RLG Holdings, LLC						Packaging						SOFR(M)						4.25%						9.21%						07/2028						5,683						5,666						5,562
RxB Holdings, Inc.						Healthcare						SOFR(M)						4.50%						9.47%						12/2027						6,290						6,214						6,304
RxB Holdings, Inc.						Healthcare						SOFR(M)						5.25%						10.10%						12/2027						3,642						3,572						3,642
Sierra Enterprises, LLC						Food & Beverage						SOFR(Q)						6.75%						12.00%						05/2027						2,546						2,546						2,444
Spring Education Group, Inc.						Education						SOFR(Q)						4.00%						8.60%						10/2030						12,256						12,119						12,360
Storable, Inc.						Software						SOFR(M)						3.50%						8.35%						04/2028						3,756						3,751						3,771
Symplr Software, Inc.						Healthcare						SOFR(Q)						4.50%						9.85%						12/2027						15,440						15,365						14,143
Syndigo LLC						Software						SOFR(M)						4.50%						9.46%						12/2027						14,713						14,656						14,694
Therapy Brands Holdings LLC						Healthcare						SOFR(M)						4.00%						8.96%						05/2028						4,026						4,014						3,317
Thermostat Purchaser III, Inc.						Business Services						SOFR(Q)						4.25%						9.00%						08/2028						6,527						6,506						6,539
TMF Sapphire Bidco B.V.						Business Services						SOFR(Q)						3.50%						8.82%						05/2028						2,647						2,604						2,660
TRC Companies LLC						Business Services						SOFR(M)						3.75%						8.71%						12/2028						13,920						13,869						13,932
UKG Inc.						Software						SOFR(Q)						3.25%						8.55%						02/2031						5,827						5,822						5,834
Valcour Packaging, LLC						Packaging						SOFR(Q)						5.25%						10.56%						10/2028						2,256						2,233						2,291
Valcour Packaging, LLC						Packaging						SOFR(Q)						1.50% + 2.25%/PIK						9.33%						10/2028						3,075						3,075						2,687
VSTG Intermediate Holdings, Inc.						Business Services						SOFR(Q)						4.75%						9.35%						07/2029						4,467						4,447						4,470
WatchGuard Technologies, Inc.						Software						SOFR(M)						5.25%						10.10%						07/2029						6,936						6,671						6,879
Wrench Group LLC						Consumer Services						SOFR(Q)						4.00%						8.87%						10/2028						14,144						14,120						14,155
Xplor T1, LLC						Software						SOFR(Q)						4.25%						8.85%						06/2031						5,601						5,573						5,643

Portfolio Company and Type of Investment						Industry						Reference						Spread						Interest Rate (1)						Maturity Date						Principal Amount or Par Value						Cost						Fair Value (2)
Zest Acquisition Corp.						Healthcare						SOFR(Q)						5.25%						10.51%						02/2028						$	4,042					$	3,918					$	4,066
Total Funded Investments																																				$	692,742					$	685,432					$	680,683
Unfunded Investments - First lien
Chrysaor Bidco S.a r.l.						Information Services						—						—						—						05/2031						$	158					$	—					$	1
DG Investment Intermediate Holdings 2, Inc.						Business Services						—						—						—						03/2026						246						(1)						—
Groundworks, LLC						Business Services						—						—						—						03/2026						1,364						(4)						(8)
Total Unfunded Investments																																				$	1,768					$	(5)					$	(7)
Total Investments																																				$	694,510					$	685,427					$	680,676

(1)All interest is payable in cash unless otherwise indicated. All of the variable rate debt investments bear interest at a rate that may be determined by reference to the Secured Overnight Financing Rate (SOFR). For each investment, the current interest rate provided reflects the rate in effect as of September 30, 2024.

(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, 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%						9.22%						12/2027						$	2,376					$	2,368					$	2,261
AG Parent Holdings, LLC						Healthcare						SOFR(Q)						5.00%						10.65%						07/2026						7,294						7,279						7,174
Aretec Group, Inc. (fka RCS Capital Corporation)						Financial Services						SOFR(M)						4.50%						9.96%						08/2030						6,626						6,480						6,634
Artera Services, LLC						Distribution & Logistics						SOFR(Q)						3.50%						8.95%						03/2025						5,273						5,259						4,968
Ascensus Group Holdings, Inc.						Business Services						SOFR(M)						3.50%						8.97%						08/2028						2,817						2,806						2,817
AssuredPartners, Inc						Insurance Services						SOFR(M)						3.75%						9.22%						02/2027						1,975						1,921						1,986
Aston FinCo S.a r.l.						Software						SOFR(M)						4.25%						9.72%						10/2026						5,775						5,749						4,929
athenahealth Group Inc.						Healthcare						SOFR(M)						3.25%						8.61%						02/2029						6,843						6,612						6,828
BCPE Empire Holdings, Inc.						Distribution & Logistics						SOFR(M)						4.75%						10.11%						12/2028						7,458						7,390						7,490
Bella Holding Company, LLC						Healthcare						SOFR(M)						3.75%						9.21%						05/2028						962						955						956
Boxer Parent Company Inc.						Software						SOFR(M)						4.25%						9.60%						12/2028						11,883						11,764						11,992
Bracket Intermediate Holding Corp.						Healthcare						SOFR(Q)						5.00%						10.45%						05/2028						14,253						13,870						14,280
Brown Group Holding, LLC						Distribution & Logistics						SOFR(Q)						3.75%						9.13%						07/2029						3,989						3,905						4,006
Cardinal Parent, Inc.						Software						SOFR(Q)						4.50%						10.00%						11/2027						9,821						9,646						9,048
CE Intermediate I, LLC						Software						SOFR(Q)						3.50%						9.02%						11/2028						10,810						10,754						10,729
CentralSquare Technologies, LLC						Software						SOFR(Q)						3.75%						9.25%						08/2025						14,250						14,240						13,817
CHA Holdings, Inc.						Business Services						SOFR(M)						4.50%						10.15%						04/2025						947						947						947
Cloudera, Inc.						Software						SOFR(M)						3.75%						9.21%						10/2028						5,692						5,553						5,654
CommerceHub, Inc.						Software						SOFR(Q)						4.00%						9.54%						12/2027						5,658						5,641						5,378
CommerceHub, Inc.						Software						SOFR(Q)						6.25%						11.79%						12/2027						3,960						3,548						3,960
Confluent Health, LLC						Healthcare						SOFR(M)						4.00%						9.47%						11/2028						10,962						10,919						10,771
Confluent Medical Technologies, Inc.						Healthcare						SOFR(Q)						3.75%						9.10%						02/2029						6,878						6,851						6,878
Convey Health Solutions, Inc.						Healthcare						SOFR(Q)						5.25%						10.74%						09/2026						12,838						12,559						11,483
Cornerstone OnDemand, Inc.						Software						SOFR(M)						3.75%						9.22%						10/2028						3,527						3,514						3,432
Covenant Surgical Partners, Inc.						Healthcare						SOFR(Q)						4.00%						9.38%						07/2026						9,583						9,545						7,539
Covenant Surgical Partners, Inc.						Healthcare						SOFR(Q)						4.00%						9.38%						07/2026						2,000						1,989						1,573
CRCI Longhorn Holdings, Inc.						Business Services						SOFR(M)						3.50%						8.96%						08/2025						14,213						14,194						14,261
CVET Midco 2, L.P.						Software						SOFR(Q)						5.00%						10.35%						10/2029						9,905						9,483						9,909
Dealer Tire Financial, LLC						Distribution & Logistics						SOFR(M)						4.50%						9.86%						12/2027						9,628						9,617						9,680
DG Investment Intermediate Holdings 2, Inc.						Business Services						SOFR(M)						3.75%						9.22%						03/2028						7,313						7,293						7,263
Discovery Purchaser Corporation						Specialty Chemicals & Materials						SOFR(Q)						4.38%						9.77%						10/2029						7,029						6,538						6,943
Dispatch Acquisition Holdings, LLC						Industrial Services						SOFR(Q)						4.25%						9.75%						03/2028						15,448						15,105						14,550
EAB Global, Inc.						Education						SOFR(M)						3.50%						8.97%						08/2028						3,960						3,929						3,958
Eagle Parent Corp.						Business Services						SOFR(Q)						4.25%						9.60%						04/2029						7,468						7,346						7,403
Eisner Advisory Group LLC						Financial Services						SOFR(M)						5.25%						10.72%						07/2028						2,190						2,113						2,195
eResearchTechnology, Inc.						Healthcare						SOFR(M)						4.50%						9.96%						02/2027						3,632						3,631						3,632
EyeCare Partners, LLC						Healthcare						SOFR(Q)						3.75%						9.39%						02/2027						12,210						12,202						6,114
Foundational Education Group, Inc.						Education						SOFR(Q)						4.25%						9.89%						08/2028						9,601						9,508						9,601
Groundworks, LLC						Consumer Services						SOFR(Q)						6.50%						11.90%						03/2030						1,432						1,395						1,419
Heartland Dental, LLC						Healthcare						SOFR(M)						5.00%						10.36%						04/2028						14,178						13,668						14,160
Help/Systems Holdings, Inc.						Software						SOFR(Q)						4.00%						9.48%						11/2026						17,883						17,795						17,048
Higginbotham Insurance Agency, Inc.						Business Services						SOFR(M)						5.50%						10.96%						11/2028						8,987						8,938						8,987
HighTower Holding, LLC						Financial Services						SOFR(Q)						4.00%						9.64%						04/2028						4,729						4,697						4,720
Houghton Mifflin Harcourt Company						Education						SOFR(M)						5.25%						10.71%						04/2029						8,151						7,898						8,009
Hub International Limited						Insurance Services						SOFR(Q)						4.25%						9.66%						06/2030						6,426						6,363						6,463
Hunter Holdco 3 Limited						Healthcare						SOFR(Q)						4.25%						9.70%						08/2028						3,000						2,978						2,998
Idera, Inc.						Software						SOFR(Q)						3.75%						9.28%						03/2028						15,642						15,633						15,584

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						SOFR(Q)						4.25%						9.70%						06/2026						$	11,811					$	11,778					$	11,841
LI Group Holdings, Inc.						Software						SOFR(M)						3.50%						8.97%						03/2028						3,749						3,743						3,763
LSCS Holdings, Inc.						Healthcare						SOFR(M)						4.50%						9.97%						12/2028						7,491						7,462						7,407
Marcel Bidco LLC (Marcel Bidco GmbH)						Software						SOFR(M)						4.50%						9.13%						11/2030						2,837						2,795						2,856
Maverick Bidco Inc.						Software						SOFR(Q)						3.75%						9.28%						05/2028						3,920						3,907						3,875
Maverick Bidco Inc.						Software						SOFR(Q)						4.25%						9.89%						05/2028						2,488						2,377						2,463
Maverick Bidco Inc.						Software						SOFR(Q)						5.00%						10.47%						05/2028						1,985						1,904						1,962
Mavis Tire Express Services Topco Corp.						Retail						SOFR(M)						4.00%						9.47%						05/2028						4,131						4,118						4,144
MED ParentCo, LP						Healthcare						SOFR(M)						4.25%						9.72%						08/2026						12,458						12,407						12,361
MH Sub I, LLC (Micro Holding Corp.)						Business Services						SOFR(M)						4.25%						9.61%						05/2028						3,558						3,479						3,505
Netsmart, Inc.						Healthcare						SOFR(M)						3.75%						9.22%						10/2027						3,900						3,900						3,913
Nielsen Consumer Inc.						Business Services						SOFR(M)						6.25%						11.61%						03/2028						14,925						13,402						14,639
OMNIA Partners, LLC						Business Services						SOFR(Q)						4.25%						9.63%						07/2030						5,919						5,862						5,960
Optiv Parent Inc.						Business Services						SOFR(Q)						5.25%						10.63%						07/2026						6,585						6,396						6,308
Osaic Holdings, Inc.						Financial Services						SOFR(M)						4.50%						9.86%						08/2028						9,650						9,559						9,693
Osmosis Buyer Limited						Food & Beverage						SOFR(M)						3.75%						9.09%						07/2028						2,494						2,457						2,499
Osmosis Buyer Limited						Food & Beverage						SOFR(M)						4.25%						9.60%						07/2028						2,405						2,333						2,418
Pearls (Netherlands) Bidco B.V.						Specialty Chemicals & Materials						SOFR(Q)						3.75%						9.13%						02/2029						1,710						1,707						1,698
Peraton Corp.						Federal Services						SOFR(M)						3.75%						9.21%						02/2028						4,147						4,133						4,161
Physician Partners, LLC						Healthcare						SOFR(Q)						4.00%						9.53%						12/2028						4,231						4,197						4,010
Planview Parent, Inc.						Software						SOFR(Q)						4.00%						9.61%						12/2027						10,721						10,528						10,669
Premise Health Holding Corp.						Healthcare						SOFR(Q)						3.75%						9.25%						07/2025						7,328						7,319						7,200
Project Alpha Intermediate Holding, Inc.						Software						SOFR(M)						4.75%						10.11%						10/2030						13,745						13,474						13,859
Project Ruby Ultimate Parent Corp.						Healthcare						SOFR(M)						5.75%						11.22%						03/2028						4,938						4,817						5,018
Project Ruby Ultimate Parent Corp.						Healthcare						SOFR(M)						3.25%						8.72%						03/2028						4,308						4,293						4,310
RealPage, Inc.						Software						SOFR(M)						3.00%						8.47%						04/2028						4,305						4,298						4,288
Renaissance Holding Corp.						Education						SOFR(M)						4.75%						10.11%						04/2030						6,612						6,429						6,644
RLG Holdings, LLC						Packaging						SOFR(M)						4.25%						9.72%						07/2028						5,727						5,707						5,403
RxB Holdings, Inc.						Healthcare						SOFR(M)						4.50%						9.97%						12/2027						6,339						6,247						6,327
RxB Holdings, Inc.						Healthcare						SOFR(M)						5.25%						10.61%						12/2027						3,669						3,586						3,669
Sierra Enterprises, LLC						Food & Beverage						SOFR(Q)						2.50% + 4.25% PIK						12.13%						05/2027						2,484						2,483						2,304
Snap One Holdings Corp.						Distribution & Logistics						SOFR(Q)						4.50%						10.00%						12/2028						6,556						6,506						6,425
Spring Education Group, Inc.						Education						SOFR(Q)						4.50%						9.85%						10/2030						12,349						12,198						12,390
Storable, Inc.						Software						SOFR(M)						3.50%						8.86%						04/2028						3,785						3,779						3,782
Symplr Software, Inc.						Healthcare						SOFR(Q)						4.50%						9.98%						12/2027						15,560						15,470						13,978
Syndigo LLC						Software						SOFR(M)						4.50%						9.97%						12/2027						14,588						14,519						14,588
Therapy Brands Holdings LLC						Software						SOFR(M)						4.00%						9.47%						05/2028						4,058						4,043						3,763
Thermostat Purchaser III, Inc.						Business Services						SOFR(Q)						4.50%						10.04%						08/2028						6,560						6,535						6,475
TMF Sapphire Bidco B.V.						Business Services						SOFR(Q)						5.00%						10.41%						05/2028						2,667						2,616						2,685
TRC Companies LLC						Business Services						SOFR(M)						3.75%						9.22%						12/2028						13,525						13,470						13,548
UKG Inc.						Software						SOFR(Q)						4.50%						9.99%						05/2026						4,975						4,880						5,004
USI, Inc.						Financial Services						SOFR(Q)						3.00%						8.35%						11/2029						2,446						2,403						2,456
Valcour Packaging, LLC						Packaging						SOFR(M)						3.75%						9.21%						10/2028						4,459						4,449						3,552
WatchGuard Technologies, Inc.						Software						SOFR(M)						5.25%						10.60%						07/2029						5,237						4,944						5,045
Waystar Technologies, Inc.						Healthcare						SOFR(M)						4.00%						9.47%						10/2026						3,983						3,978						4,003

Portfolio Company and Type of Investment						Industry						Reference						Spread						Interest Rate (1)						Maturity Date						Principal Amount or Par Value						Cost						Fair Value (2)
Wrench Group LLC						Consumer Services						SOFR(Q)						4.00%						9.61%						04/2026						$	7,743					$	7,732					$	7,772
Wrench Group LLC						Consumer Services						SOFR(Q)						4.50%						9.95%						04/2026						5,473						5,386						5,495
Zest Acquisition Corp.						Healthcare						SOFR(M)						5.50%						10.86%						02/2028						4,072						3,926						3,999
Total Funded Investments																																				$	656,081					$	646,319					$	636,554
Unfunded Investments - First lien
Groundworks, LLC						Consumer Services						—						—						—						09/2024						$	65					$	(1)					$	(1)
OMNIA Partners, LLC						Business Services						—						—						—						01/2024						556						(3)						4
Osmosis Buyer Limited						Food & Beverage						—						—						—						07/2028						506						—						3
Total Unfunded Investments																																				$	1,127					$	(4)					$	6
Total Investments																																				$	657,208					$	646,315					$	636,560

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

Below is certain summarized financial information for SLP III as of September 30, 2024 and December 31, 2023 and for the three and nine months ended September 30, 2024 and September 30, 2023:

Selected Balance Sheet Information:			September 30, 2024						December 31, 2023
Investments at fair value (cost of $685,427 and $646,315)			$	680,676					$	636,560
Cash and other assets			21,667						21,443
Receivable from unsettled securities sold			1,842						—
Total assets			$	704,185					$	658,003
Credit facility			$	473,200					$	453,200
Deferred financing costs (net of accumulated amortization of $6,196 and $5,650, respectively)			(4,005)						(943)
Payable for unsettled securities purchased			26,321						23,881
Distribution payable			6,959						6,672
Other liabilities			7,670						7,862
Total liabilities			510,145						490,672
Members' capital			$	194,040					$	167,331
Total liabilities and members' capital			$	704,185					$	658,003

Selected Statement of Operations Information:			Three Months Ended												Nine Months Ended
			September 30, 2024						September 30, 2023						September 30, 2024						September 30, 2023
Interest income			$	17,860					$	16,848					$	51,245					$	48,083
Other income			49						295						134						452
Total investment income			17,909						17,143						51,379						48,535
Interest and other financing expenses			8,888						9,061						26,599						26,336
Other expenses			229						317						737						853
Total expenses			9,117						9,378						27,336						27,189
Net investment income			8,792						7,765						24,043						21,346
Net realized gains (losses) on investments			74						(545)						(5,833)						(2,400)
Net change in unrealized (depreciation) appreciation of investments			(1,493)						11,856						5,005						27,810
Net increase in members' capital			$	7,373					$	19,076					$	23,215					$	46,756

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 September 30, 2024 and December 31, 2023:

						September 30, 2024						December 31, 2023
First lien investments (1)						$	478,284					$	482,776
Weighted average interest rate on first lien investments (2)						9.16		%				9.81		%
Number of portfolio companies in SLP IV						78						78
Largest portfolio company investment (1)						$	17,803					$	17,400
Total of five largest portfolio company investments (1)						$	62,735					$	67,838

(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 September 30, 2024:

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						SOFR(Q)						1.00% + 3.00%/ PIK						8.85%						09/2026						$	17,803					$	17,798					$	15,840
ADMI Corp. (aka Aspen Dental)						Healthcare						SOFR(M)						3.75%						8.71%						12/2027						1,819						1,814						1,784
Aretec Group, Inc. (fka RCS Capital Corporation)						Financial Services						SOFR(M)						4.00%						8.85%						08/2030						4,768						4,674						4,679
Ascensus Group Holdings, Inc.						Business Services						SOFR(M)						3.50%						8.46%						08/2028						4,138						4,125						4,143
Asurion, LLC						Business Services						SOFR(M)						4.25%						9.20%						08/2028						9,717						9,644						9,587
athenahealth Group Inc.						Healthcare						SOFR(M)						3.25%						8.10%						02/2029						2,355						2,347						2,344
Bach Finance Limited						Education						SOFR(Q)						3.75%						8.81%						02/2031						1,611						1,607						1,623
Barracuda Parent, LLC						Software						SOFR(S)						4.50%						9.81%						08/2029						4,913						4,800						4,791
Bayou Intermediate II, LLC						Healthcare						SOFR(Q)						4.50%						10.01%						08/2028						8,872						8,837						8,694
BCPE Empire Holdings, Inc.						Distribution & Logistics						SOFR(M)						4.00%						8.85%						12/2028						5,299						5,262						5,307
Bella Holding Company, LLC						Healthcare						SOFR(M)						3.75%						8.70%						05/2028						747						745						748
BIFM CA Buyer Inc.						Business Services						SOFR(M)						4.25%						9.10%						05/2028						2,709						2,678						2,723
Bleriot US Bidco Inc.						Federal Services						SOFR(Q)						3.25%						7.85%						10/2030						3,871						3,855						3,883
Boxer Parent Company Inc.						Software						SOFR(Q)						3.75%						9.01%						07/2031						10,440						10,414						10,426
Bracket Intermediate Holding Corp.						Healthcare						SOFR(Q)						5.00%						9.70%						05/2028						4,360						4,260						4,386
BW Holding, Inc.						Packaging						SOFR(Q)						4.00%						9.21%						12/2028						2,029						1,912						1,876
CE Intermediate I, LLC						Software						SOFR(Q)						3.50%						8.76%						11/2028						8,033						7,996						8,056
Chrysaor Bidco S.a r.l.						Information Services						SOFR (Q)						3.50%						8.10%						07/2031						1,573						1,573						1,581
Cloudera, Inc.						Software						SOFR(M)						3.75%						8.70%						10/2028						9,346						9,215						9,128
CommerceHub, Inc.						Software						SOFR(M)						6.25%						11.35%						12/2027						540						540						540
CommerceHub, Inc.						Software						SOFR(M)						4.00%						9.20%						12/2027						4,078						3,924						3,802
Confluent Health, LLC						Healthcare						SOFR(M)						4.00%						8.96%						11/2028						6,506						6,484						6,376
Confluent Medical Technologies, Inc.						Healthcare						SOFR(Q)						3.75%						8.35%						02/2029						6,825						6,802						6,853
Convey Health Solutions, Inc.						Healthcare						SOFR(Q)						1.00% + 4.25%/PIK						9.95%						07/2029						3,389						3,333						3,069
Cornerstone OnDemand, Inc.						Software						SOFR(M)						3.75%						8.71%						10/2028						1,833						1,827						1,718
CVET Midco 2, L.P.						Software						SOFR(Q)						5.00%						9.60%						10/2029						6,606						6,453						6,286
Dealer Tire Financial, LLC						Distribution & Logistics						SOFR(M)						3.50%						8.35%						07/2031						10,507						10,456						10,550
Discovery Purchaser Corporation						Specialty Chemicals & Materials						SOFR(Q)						4.38%						9.69%						10/2029						5,802						5,461						5,783
Dispatch Acquisition Holdings, LLC						Industrial Services						SOFR(Q)						4.25%						9.00%						03/2028						9,699						9,624						8,871
EAB Global, Inc.						Education						SOFR(M)						3.25%						8.10%						08/2028						998						992						995
Eagle Parent Corp.						Business Services						SOFR(Q)						4.25%						8.85%						04/2029						7,424						7,326						7,060
Eisner Advisory Group LLC						Financial Services						SOFR(M)						4.00%						8.85%						02/2031						5,039						4,992						5,060
eResearchTechnology, Inc.						Healthcare						SOFR(M)						4.00%						8.85%						02/2027						2,173						2,164						2,184
Flash Charm, Inc.						Software						SOFR(Q)						3.50%						8.75%						03/2028						10,082						10,034						9,897
Foundational Education Group, Inc.						Education						SOFR(Q)						3.75%						9.26%						08/2028						11,072						10,961						10,685
Geo Parent Corporation						Business Services						SOFR(Q)						5.25%						10.60%						12/2028						9,585						9,450						9,585
Groundworks, LLC						Business Services						SOFR(M)						3.50%						8.60%						03/2031						121						120						120
Groundworks, LLC						Business Services						SOFR(M)						3.50%						8.60%						03/2031						4,113						4,074						4,090
Heartland Dental, LLC						Healthcare						SOFR(M)						4.50%						9.35%						04/2028						10,036						9,805						9,875
Help/Systems Holdings, Inc.						Software						SOFR(M)						4.00%						8.95%						11/2026						9,632						9,616						9,195
Houghton Mifflin Harcourt Company						Education						SOFR(M)						5.25%						10.20%						04/2029						6,262						6,091						6,108
Inizio Group Limited						Healthcare						SOFR(Q)						4.25%						8.95%						08/2028						3,949						3,925						3,934
Kestra Advisor Services Holdings A, Inc.						Financial Services						SOFR(Q)						4.00%						9.06%						03/2031						4,560						4,549						4,581
LSCS Holdings, Inc.						Healthcare						SOFR(M)						4.50%						9.46%						12/2028						9,799						9,743						9,780
Mandolin Technology Intermediate Holdings, Inc.						Software						SOFR(Q)						3.75%						8.50%						07/2028						9,725						9,695						8,047
Marcel Bidco LLC (Marcel Bidco GmbH)						Software						SOFR(M)						4.00%						9.34%						11/2030						2,034						2,006						2,049

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						SOFR(Q)						5.00%						10.20%						05/2028						$	1,970					$	1,901					$	1,967
Maverick Bidco Inc.						Software						SOFR(Q)						3.75%						9.15%						05/2028						7,781						7,758						7,768
Mavis Tire Express Services Topco, Corp.						Retail						SOFR(M)						3.50%						8.35%						05/2028						8,201						8,177						8,206
MED ParentCo, LP						Healthcare						SOFR(M)						4.00%						8.85%						04/2031						7,346						7,310						7,365
MH Sub I, LLC (Micro Holding Corp.)						Business Services						SOFR(M)						4.25%						9.10%						05/2028						6,095						5,982						6,063
Nielsen Consumer Inc.						Business Services						SOFR(M)						4.75%						9.60%						03/2028						9,860						9,837						9,844
OMNIA Partners, LLC						Business Services						SOFR(Q)						3.25%						8.53%						07/2030						4,983						4,939						5,004
Osaic Holdings, Inc.						Financial Services						SOFR(M)						4.00%						8.85%						08/2028						11,460						11,367						11,355
Osmosis Buyer Limited						Consumer Products						SOFR(M)						3.50%						8.70%						07/2028						8,850						8,758						8,849
Pearls (Netherlands) Bidco B.V.						Specialty Chemicals & Materials						SOFR(Q)						4.00%						9.25%						02/2029						1,311						1,308						1,314
Perforce Software, Inc.						Software						SOFR(M)						4.75%						9.60%						03/2031						4,880						4,860						4,880
Physician Partners, LLC						Healthcare						SOFR(S)						4.00%						9.56%						12/2028						3,173						3,151						2,069
Project Alpha Intermediate Holding, Inc.						Software						SOFR(Q)						3.75%						9.00%						10/2030						9,831						9,651						9,865
Project Ruby Ultimate Parent Corp.						Healthcare						SOFR(M)						3.50%						8.46%						03/2028						4,975						4,953						4,981
Quartz Holding Company						Software						SOFR(M)						4.00%						8.85%						10/2028						6,892						6,861						6,897
RealPage, Inc.						Software						SOFR(M)						3.00%						7.96%						04/2028						1,361						1,358						1,322
Renaissance Holding Corp.						Education						SOFR(M)						4.25%						9.10%						04/2030						3,890						3,791						3,893
RxB Holdings, Inc.						Healthcare						SOFR(M)						4.50%						9.47%						12/2027						7,306						7,285						7,322
Sierra Enterprises, LLC						Food & Beverage						SOFR(Q)						6.75%						12.00%						05/2027						4,461						4,456						4,283
Spring Education Group, Inc.						Education						SOFR(Q)						4.00%						8.60%						10/2030						9,455						9,347						9,535
STATS Intermediate Holdings, LLC						Business Services						SOFR(Q)						5.25%						10.64%						07/2026						995						982						969
STATS Intermediate Holdings, LLC						Business Services						SOFR(Q)						7.25%						12.64%						07/2026						2,254						2,204						2,254
Storable, Inc.						Software						SOFR(M)						3.50%						8.35%						04/2028						3,890						3,876						3,905
Symplr Software, Inc.						Healthcare						SOFR(Q)						4.50%						9.85%						12/2027						3,697						3,692						3,387
Syndigo LLC						Software						SOFR(M)						4.50%						9.46%						12/2027						9,823						9,813						9,811
Therapy Brands Holdings LLC						Healthcare						SOFR(M)						4.00%						8.96%						05/2028						5,923						5,905						4,879
Thermostat Purchaser III, Inc.						Business Services						SOFR(Q)						4.25%						9.00%						08/2028						4,662						4,647						4,671
TRC Companies LLC						Business Services						SOFR(M)						3.75%						8.71%						12/2028						9,999						9,963						10,008
Valcour Packaging, LLC						Packaging						SOFR(Q)						5.25%						10.56%						10/2028						1,641						1,625						1,667
Valcour Packaging, LLC						Packaging						SOFR(Q)						1.50% + 2.25%/PIK						9.33%						10/2028						2,237						2,237						1,954
VSTG Intermediate Holdings, Inc.						Business Services						SOFR(Q)						4.75%						9.35%						07/2029						3,380						3,365						3,383
VT Topco, Inc.						Business Services						SOFR(M)						3.50%						8.35%						08/2030						5,738						5,689						5,762
WatchGuard Technologies, Inc.						Software						SOFR(M)						5.25%						10.10%						07/2029						4,009						3,808						3,977
Wrench Group LLC						Consumer Services						SOFR(Q)						4.00%						8.87%						10/2028						9,324						9,295						9,331
Xplor T1, LLC						Software						SOFR(Q)						4.25%						8.85%						06/2031						4,075						4,055						4,106
Zest Acquisition Corp.						Healthcare						SOFR(Q)						5.25%						10.51%						02/2028						3,118						3,037						3,136
Zone Climate Services, Inc.						Business Services						SOFR(Q)						5.50%						10.93%						03/2028						9,750						9,626						9,551
Zone Climate Services, Inc.						Business Services						SOFR(Q)						5.50%						10.93%						03/2028						2,143						2,116						2,100
Total Funded Investments																																				$	477,531					$	472,988					$	466,325
Unfunded Investments - First lien
Chrysaor Bidco S.a r.l.						Information Services						—						—						—						05/2031						$	116					$	—					$	1
Groundworks, LLC						Business Services						—						—						—						03/2026						637						(3)						(4)
																																				$	753					$	(3)					$	(3)
Total Unfunded Investments																																				$	478,284					$	472,985					$	466,322

(1)All interest is payable in cash unless otherwise indicated. All of the variable rate debt investments bear interest at a rate that may be determined by reference to the Secured Overnight Financing Rate (SOFR). For each investment, the current interest rate provided reflects the rate in effect as of September 30, 2024.

(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, 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						SOFR(Q)						1.00% + 3.00%/PIK						9.54%						09/2026						$	17,400					$	17,394					$	14,967
ADMI Corp. (aka Aspen Dental)						Healthcare						SOFR(M)						3.75%						9.22%						12/2027						1,833						1,827						1,744
Aretec Group, Inc. (fka RCS Capital Corporation)						Financial Services						SOFR(M)						4.50%						9.96%						08/2030						4,804						4,700						4,810
Artera Services, LLC						Distribution & Logistics						SOFR(Q)						3.50%						8.95%						03/2025						4,068						4,057						3,832
Ascensus Group Holdings, Inc.						Business Services						SOFR(M)						3.50%						8.97%						08/2028						4,171						4,156						4,171
athenahealth Group Inc.						Healthcare						SOFR(M)						3.25%						8.61%						02/2029						2,373						2,364						2,368
Barracuda Parent, LLC						Software						SOFR(Q)						4.50%						9.88%						08/2029						4,950						4,824						4,851
Bayou Intermediate II, LLC						Healthcare						SOFR(Q)						4.50%						10.15%						08/2028						8,940						8,899						8,549
BCPE Empire Holdings, Inc.						Distribution & Logistics						SOFR(M)						4.75%						10.11%						12/2028						4,353						4,313						4,371
Bella Holding Company, LLC						Healthcare						SOFR(M)						3.75%						9.21%						05/2028						753						751						748
Bleriot US Bidco Inc.						Federal Services						SOFR(Q)						4.00%						9.61%						10/2028						3,900						3,882						3,921
Boxer Parent Company Inc.						Software						SOFR(M)						4.25%						9.60%						12/2028						8,987						8,897						9,070
Bracket Intermediate Holding Corp.						Healthcare						SOFR(Q)						5.00%						10.45%						05/2028						4,394						4,275						4,402
Brown Group Holding, LLC						Distribution & Logistics						SOFR(Q)						3.75%						9.13%						07/2029						5,370						5,255						5,393
CE Intermediate I, LLC						Software						SOFR(Q)						3.50%						9.02%						11/2028						8,095						8,052						8,035
CentralSquare Technologies, LLC						Software						SOFR(Q)						3.75%						9.25%						08/2025						14,250						14,240						13,817
CHA Holdings, Inc.						Business Services						SOFR(M)						4.50%						10.15%						04/2025						10,692						10,682						10,692
CHA Holdings, Inc.						Business Services						SOFR(M)						4.50%						9.97%						04/2025						1,963						1,961						1,963
Cloudera, Inc.						Software						SOFR(M)						3.75%						9.21%						10/2028						4,308						4,202						4,279
Confluent Health, LLC						Healthcare						SOFR(M)						4.00%						9.47%						11/2028						7,338						7,309						7,210
Confluent Medical Technologies, Inc.						Healthcare						SOFR(Q)						3.75%						9.10%						02/2029						6,878						6,851						6,877
Convey Health Solutions, Inc.						Healthcare						SOFR(Q)						5.25%						10.74%						09/2026						4,938						4,830						4,417
Cornerstone OnDemand, Inc.						Software						SOFR(M)						3.75%						9.22%						10/2028						2,519						2,510						2,452
CVET Midco 2, L.P.						Software						SOFR(Q)						5.00%						10.35%						10/2029						6,656						6,481						6,659
Dealer Tire Financial, LLC						Distribution & Logistics						SOFR(M)						4.50%						9.86%						12/2027						10,559						10,538						10,617
Discovery Purchaser Corporation						Specialty Chemicals & Materials						SOFR(Q)						4.38%						9.77%						10/2029						5,346						4,972						5,280
Dispatch Acquisition Holdings, LLC						Industrial Services						SOFR(Q)						4.25%						9.75%						03/2028						9,774						9,686						9,206
EAB Global, Inc.						Education						SOFR(M)						3.50%						8.97%						08/2028						4,369						4,340						4,367
Eagle Parent Corp.						Business Services						SOFR(Q)						4.25%						9.60%						04/2029						7,481						7,369						7,415
Eisner Advisory Group LLC						Financial Services						SOFR(M)						5.25%						10.72%						07/2028						1,689						1,630						1,694
eResearchTechnology, Inc.						Healthcare						SOFR(M)						4.50%						9.96%						02/2027						2,190						2,179						2,190
EyeCare Partners, LLC						Healthcare						SOFR(Q)						3.75%						9.39%						11/2028						9,825						9,807						4,932
Foundational Education Group, Inc.						Education						SOFR(Q)						4.25%						9.89%						08/2028						8,453						8,344						8,453
Geo Parent Corporation						Business Services						SOFR(S)						5.25%						10.80%						12/2028						9,634						9,479						9,634
Heartland Dental, LLC						Healthcare						SOFR(M)						5.00%						10.36%						04/2028						7,605						7,332						7,596
Help/Systems Holdings, Inc.						Software						SOFR(Q)						4.00%						9.48%						11/2026						9,707						9,687						9,254
Houghton Mifflin Harcourt Company						Education						SOFR(M)						5.25%						10.71%						04/2029						6,310						6,116						6,200
Hub International Limited						Insurance Services						SOFR(Q)						4.25%						9.66%						06/2030						2,754						2,728						2,770
Hunter Holdco 3 Limited						Healthcare						SOFR(Q)						4.25%						9.70%						08/2028						3,949						3,921						3,947
Idera, Inc.						Software						SOFR(Q)						3.75%						9.28%						03/2028						9,130						9,079						9,096
Kestra Advisor Services Holdings A, Inc.						Financial Services						SOFR(Q)						4.25%						9.70%						06/2026						5,374						5,344						5,387
LSCS Holdings, Inc.						Healthcare						SOFR(M)						4.50%						9.97%						12/2028						8,582						8,551						8,485
Mandolin Technology Intermediate Holdings, Inc.						Software						SOFR(Q)						3.75%						9.25%						07/2028						9,800						9,765						8,942
Marcel Bidco LLC (Marcel Bidco GmbH)						Software						SOFR(M)						4.50%						9.13%						11/2030						2,039						2,009						2,053
Maverick Bidco Inc.						Software						SOFR(Q)						3.75%						9.28%						05/2028						7,841						7,814						7,750

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						SOFR(Q)						5.00%						10.47%						05/2028						$	1,985					$	1,904					$	1,962
Mavis Tire Express Services Topco Corp.						Retail						SOFR(M)						4.00%						9.47%						05/2028						8,263						8,235						8,288
MH Sub I, LLC (Micro Holding Corp.)						Business Services						SOFR(M)						4.25%						9.61%						05/2028						4,783						4,677						4,711
Netsmart, Inc.						Healthcare						SOFR(M)						3.75%						9.22%						10/2027						6,825						6,825						6,848
Nielsen Consumer Inc.						Business Services						SOFR(M)						6.25%						11.61%						03/2028						9,950						8,943						9,759
OEConnection LLC						Software						SOFR(M)						4.00%						9.46%						09/2026						4,039						4,020						4,037
OMNIA Partners, LLC						Business Services						SOFR(Q)						4.25%						9.63%						07/2030						4,566						4,523						4,598
Optiv Parent Inc.						Business Services						SOFR(Q)						5.25%						10.63%						07/2026						5,080						4,934						4,866
Osaic Holdings, Inc.						Financial Services						SOFR(M)						4.50%						9.86%						08/2028						11,518						11,410						11,569
Osmosis Buyer Limited						Food & Beverage						SOFR(M)						3.75%						9.09%						07/2028						2,494						2,457						2,499
Osmosis Buyer Limited						Food & Beverage						SOFR(M)						4.25%						9.60%						07/2028						1,726						1,674						1,735
Pearls (Netherlands) Bidco B.V.						Specialty Chemicals & Materials						SOFR(Q)						3.75%						9.13%						02/2029						1,319						1,317						1,310
Physician Partners, LLC						Healthcare						SOFR(Q)						4.00%						9.53%						12/2028						3,197						3,173						3,031
Premise Health Holding Corp.						Healthcare						SOFR(Q)						3.75%						9.25%						07/2025						1,926						1,923						1,892
Project Alpha Intermediate Holding, Inc.						Software						SOFR(M)						4.75%						10.11%						10/2030						9,880						9,684						9,962
RealPage, Inc.						Software						SOFR(M)						3.00%						8.47%						04/2028						1,371						1,368						1,366
Renaissance Holding Corp.						Education						SOFR(M)						4.75%						10.11%						04/2030						5,101						4,959						5,126
RxB Holdings, Inc.						Healthcare						SOFR(M)						4.50%						9.97%						12/2027						7,363						7,338						7,349
Sierra Enterprises, LLC						Food & Beverage						SOFR(Q)						2.50% + 4.25%/PIK						12.13%						05/2027						4,352						4,345						4,036
Snap One Holdings Corp.						Distribution & Logistics						SOFR(Q)						4.50%						10.00%						12/2028						8,498						8,433						8,328
Spring Education Group, Inc.						Education						SOFR(Q)						4.50%						9.85%						10/2030						9,526						9,408						9,558
STATS Intermediate Holdings, LLC						Business Services						SOFR(Q)						7.25%						12.88%						07/2026						2,271						2,203						2,271
Storable, Inc.						Software						SOFR(M)						3.50%						8.86%						04/2028						3,920						3,904						3,918
Symplr Software, Inc.						Healthcare						SOFR(Q)						4.50%						9.98%						12/2027						3,726						3,719						3,347
Syndigo LLC						Software						SOFR(M)						4.50%						9.97%						12/2027						9,660						9,648						9,660
Therapy Brands Holdings LLC						Software						SOFR(M)						4.00%						9.47%						05/2028						5,969						5,947						5,536
Thermostat Purchaser III, Inc.						Business Services						SOFR(Q)						4.50%						10.04%						08/2028						4,686						4,668						4,625
TRC Companies LLC						Business Services						SOFR(M)						3.75%						9.22%						12/2028						9,574						9,536						9,590
USIC Holdings, Inc.						Business Services						SOFR(Q)						3.50%						9.11%						05/2028						2,971						2,963						2,952
Valcour Packaging, LLC						Packaging						SOFR(M)						3.75%						9.21%						10/2028						3,244						3,236						2,584
VT Topco, Inc.						Business Services						SOFR(M)						4.25%						9.61%						08/2030						7,289						7,218						7,335
WatchGuard Technologies, Inc.						Software						SOFR(M)						5.25%						10.60%						07/2029						4,040						3,814						3,892
Wrench Group LLC						Consumer Services						SOFR(Q)						4.00%						9.61%						04/2026						9,371						9,337						9,406
Zest Acquisition Corp.						Healthcare						SOFR(M)						5.50%						10.86%						02/2028						3,142						3,039						3,085
Zone Climate Services, Inc.						Business Services						SOFR(Q)						5.25%						10.80%						03/2028						9,850						9,702						9,824
Zone Climate Services, Inc.						Business Services						SOFR(Q)						5.25%						10.80%						03/2028						2,165						2,133						2,160
Total Funded Investments																																				$	481,984					$	476,019					$	467,881
Unfunded Investments - First lien
OMNIA Partners, LLC						Business Services						—						—						—						01/2024						$	429					$	(2)					$	3
Osmosis Buyer Limited						Food & Beverage						—						—						—						07/2028						363						—						2
Total Unfunded Investments																																				$	792					$	(2)					$	5
Total Investments																																				$	482,776					$	476,017					$	467,886

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

Below is certain summarized consolidated financial information for SLP IV as of September 30, 2024 and December 31, 2023 and for the three and nine months ended September 30, 2024 and September 30, 2023:

Selected Consolidated Balance Sheet Information:			September 30, 2024						December 31, 2023
Investments at fair value (cost of $472,985 and $476,017, respectively)			$	466,322					$	467,886
Cash and other assets			18,078						16,227
Receivable from unsettled securities sold			2,929						1,445
Total assets			$	487,329					$	485,558
Credit facility			$	341,937					$	306,537
Deferred financing costs (net of accumulated amortization of $2,329 and $1,599, respectively)			(3,376)						(1,414)
Distribution payable			4,826						5,220
Payable for unsettled securities purchased			1,573						31,322
Other liabilities			6,872						6,676
Total liabilities			351,832						348,341
Members' capital			$	135,497					$	137,217
Total liabilities and members' capital			$	487,329					$	485,558

Selected Consolidated Statement of Operations Information:			Three Months Ended												Nine Months Ended
			September 30, 2024						September 30, 2023						September 30, 2024						September 30, 2023
Interest income			$	12,906					$	12,476					$	37,025					$	35,669
Other income			10						100						77						258
Total investment income			12,916						12,576						37,102						35,927
Interest and other financing expenses			6,694						6,447						19,436						18,455
Other expenses			202						221						651						653
Total expenses			6,896						6,668						20,087						19,108
Net investment income			6,020						5,908						17,015						16,819
Net realized gains (losses) on investments			133						(97)						(4,741)						(1,751)
Net change in unrealized (depreciation) appreciation of investments			(2,076)						10,361						1,468						19,942
Net increase in members' capital			$	4,077					$	16,172					$	13,742					$	35,010

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_
Data Type:	dtr-types:textBlockItemType
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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/1943274/2147478795/946-210-50-6

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/1943274/2147478795/946-210-50-6

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/1943274/2147478795/946-210-50-6

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/1943274/2147478795/946-210-50-6

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/1943274/2147478795/946-210-50-6

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
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- References

No definition available.

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