Portfolio company · Insurance Brokers

THG Acquisition, LLC (dba Hilb)

Identity floor

Borrower identity here is a normalised-name match — the majority join in the private-credit books, with roughly 10% measured error in each direction (two companies fused into one, or one company split across spellings). Figures built on it — crowding, overlap, the manager complex — are floors, not exact counts. How this is measured →

Holding funds

Known managers

1 fund’s manager unmapped

Combined fair value

$416M

Co-investment across companies →·Fund-pair overlaps →

Holding funds

Fair value and share of that fund's resolved holdings book, each at the fund's own most recent reported period — the as-of column, because the holders of one company do not file on one date. The bar under each fair value is that fund's share of the $416M combined total across every holder — a different denominator from the share-of-book column — so one dominant lender vs an even syndicate is visible without reading the dollar figures.

Fund	As of	Fair value	Share of book
Blue Owl Credit Income Corp.Blue Owl · matched: name	2026-03-31	$101M	0.3%
Blackstone Private Credit Fund⚠ unreconciledBlackstone · matched: name	2026-03-31	$74M	0.1%
Oaktree Strategic Credit FundOaktree · matched: name	2026-03-31	$55M	0.8%
Blue Owl Capital Corporation⚠ unreconciledBlue Owl · matched: name	2026-03-31	$40M	0.2%
Ares Capital Corporation⚠ unreconciledAres Management · matched: name	2026-03-31	$31M	0.1%
Stone Point Credit CorpStone Point Credit · matched: name	2026-03-31	$29M	1.0%
T. Rowe Price Oha Select Private Credit FundOha Private Credit Advisors LLC · matched: name	2026-03-31	$16M	0.6%
Antares Strategic Credit FundAntares Capital · matched: name	2026-03-31	$16M	0.4%
Blackstone Secured LendingBlackstone · matched: name	2026-03-31	$13M	0.1%
Stone Point Credit Income FundStone Point Credit · matched: name	2026-03-31	$12M	1.7%
Barings Private Credit CorpBarings · matched: name	2026-03-31	$11M	0.2%
Barings BDC, Inc.Barings · matched: name	2026-03-31	$6M	0.2%
Barings Capital Investment CorpBarings · matched: name	2026-03-31	$4M	0.3%
Antares Private Credit FundAntares Capital · matched: name	2026-03-31	$3M	0.2%
T. Rowe Price OHA Flexible Credit Income FundOha Private Credit Advisors LLC · matched: name	2026-03-31	$2M	0.9%
Blue Owl Capital Corp IIBlue Owl · matched: name	2026-03-31	$1M	0.1%
Oaktree Diversified Income Fund Inc.⚠ unreconciledOaktree · matched: name	2026-03-31	$1M	0.4%
Oha Senior Private Lending Fund (u) LLCmatched: name	2026-03-31	$0M	<0.1%

Credit marks

The range across reported debt positions in the same borrower — fair value over amortized cost as filed — for 16 funds holding it in Q1'26.

96.8% – 103.3%6.5 pts spread

16 funds · 37 positions · Q1'26

Instrument stated on 9 of 37 positions (24%). With most positions untagged, the range above may reflect capital structure — a junior tranche marked down beside a senior one held whole — rather than funds disagreeing on this borrower.

Positions counted here filed a principal balance — the debt proxy used to find comparable marks, measured 82% precise as actual debt where an instrument label exists; the rest are equity or warrants filed with a principal amount.

Fund	Instrument	Fair value	Mark	Band
Stone Point Credit Income Fundmatched: name · 2026-03-31	—	$0M	96.8%	Unstressed
Antares Private Credit Fundmatched: name · 2026-03-31	—	$0M	97.5%	Unstressed
Stone Point Credit Income Fundmatched: name · 2026-03-31	—	$1M	98.2%	Unstressed
T. Rowe Price Oha Select Private Credit Fundmatched: name · 2026-03-31	—	$1M	99.1%	Unstressed
Oaktree Strategic Credit Fundmatched: name · 2026-03-31	First Lien Term Loan First lien	$4M	99.2%	Unstressed
Antares Private Credit Fundmatched: name · 2026-03-31	—	$0M	99.2%	Unstressed
Stone Point Credit Corpmatched: name · 2026-03-31	—	$2M	99.3%	Unstressed
Blue Owl Capital Corp IImatched: name · 2026-03-31	First lien senior secured loan First lien	$1M	99.4%	Unstressed
Blue Owl Credit Income Corp.matched: name · 2026-03-31	First lien senior secured loan First lien	$101M	99.4%	Unstressed
Antares Private Credit Fundmatched: name · 2026-03-31	—	$3M	99.5%	Unstressed
Antares Strategic Credit Fundmatched: name · 2026-03-31	—	$0M	99.5%	Unstressed
T. Rowe Price Oha Select Private Credit Fundmatched: name · 2026-03-31	—	$0M	99.5%	Unstressed
Antares Strategic Credit Fundmatched: name · 2026-03-31	—	$1M	99.5%	Unstressed
Blue Owl Capital Corporation⚠ unreconciledmatched: name · 2026-03-31	First lien senior secured loan First lien	$40M	99.7%	Unstressed
Oaktree Strategic Credit Fundmatched: name · 2026-03-31	—	$1M	99.8%	Unstressed
Stone Point Credit Corpmatched: name · 2026-03-31	—	$1M	99.9%	Unstressed
Antares Strategic Credit Fundmatched: name · 2026-03-31	—	$15M	99.9%	Unstressed
T. Rowe Price Oha Select Private Credit Fundmatched: name · 2026-03-31	—	$15M	99.9%	Unstressed
Oaktree Strategic Credit Fundmatched: name · 2026-03-31	First Lien Term Loan First lien	$50M	99.9%	Unstressed
Stone Point Credit Income Fundmatched: name · 2026-03-31	First Lien Term Loan First lien	$11M	99.9%	Unstressed
Stone Point Credit Corpmatched: name · 2026-03-31	—	$26M	100.0%	Unstressed
Oha Senior Private Lending Fund (u) LLCmatched: name · 2026-03-31	—	$0M	100.0%	Unstressed
Oha Senior Private Lending Fund (u) LLCmatched: name · 2026-03-31	—	$0M	100.0%	Unstressed
Oha Senior Private Lending Fund (u) LLCmatched: name · 2026-03-31	—	$0M	100.0%	Unstressed
Ares Capital Corporation⚠ unreconciledmatched: name · 2026-03-31	—	$26M	100.0%	Unstressed
Ares Capital Corporation⚠ unreconciledmatched: name · 2026-03-31	—	$5M	100.0%	Unstressed
Barings Private Credit Corpmatched: name · 2026-03-31	—	$11M	100.3%	Unstressed
Barings Capital Investment Corpmatched: name · 2026-03-31	—	$4M	100.3%	Unstressed
Barings BDC, Inc.matched: name · 2026-03-31	—	$6M	100.4%	Unstressed
Barings Capital Investment Corpmatched: name · 2026-03-31	Revolver Other debt	$0M	100.8%	Unstressed
Blackstone Secured Lendingmatched: name · 2026-03-31	—	$12M	100.8%	Unstressed
Blackstone Private Credit Fund⚠ unreconciledmatched: name · 2026-03-31	—	$66M	100.8%	Unstressed
Barings Private Credit Corpmatched: name · 2026-03-31	Revolver Other debt	$0M	100.9%	Unstressed
Barings BDC, Inc.matched: name · 2026-03-31	Revolver Other debt	$0M	101.1%	Unstressed
Blackstone Private Credit Fund⚠ unreconciledmatched: name · 2026-03-31	—	$6M	101.5%	Unstressed
Blackstone Secured Lendingmatched: name · 2026-03-31	—	$1M	101.9%	Unstressed
Blackstone Private Credit Fund⚠ unreconciledmatched: name · 2026-03-31	—	$2M	103.3%	Unstressed

Source: AltsVault · SEC filings · as of 2026-01-01