# EDGAR Filing Document

**Accession Number:** 0002040278
**File Stem:** 0001003715-25-001264
**Filing Date:** 2025-11
**Character Count:** 77578
**Document Hash:** fb475efd05e6dfa194e7c080b9a5850d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001003715-25-001264.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0001003715-25-001264

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HL Scope RIC LLC
- **CENTRAL INDEX KEY:** 0002040278

**ORGANIZATION NAME:**
- **EIN:** 991195467
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-24008
- **FILM NUMBER:** 251510040

**BUSINESS ADDRESS:**
- **STREET 1:** 110 WASHINGTON STREET
- **STREET 2:** STE 1300
- **CITY:** CONSHOHOCKEN
- **STATE:** PA
- **ZIP:** 19428
- **BUSINESS PHONE:** (888) 882-8212

**MAIL ADDRESS:**
- **STREET 1:** 110 WASHINGTON STREET
- **STREET 2:** STE 1300
- **CITY:** CONSHOHOCKEN
- **STATE:** PA
- **ZIP:** 19428

## Nport-Ex

![](image_001.jpg)

**HL SCOPE RIC LLC**

**Schedule of Investments (Unaudited)**

**September 30, 2025**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest <br> rate** | **Maturity** <br> **date** | **Acquisition** <br> **date** | **Principal<br> amount** | **Cost** | **Fair Value** |  |
| **Investments<sup>†</sup> – 118.72%** | **Investments<sup>†</sup> – 118.72%** |  |  | | | |  |
| **Term Loans\* – 111.61%** | **Term Loans\* – 111.61%** |  |  | | | |  |
| **Direct Credit – 111.61%** | **Direct Credit – 111.61%** |  |  | | | |  |
| AIS Holdco, LLC<br> (Initial Term Loan)<sup>1</sup> | 6% + CME Term SOFR | 5/21/2029 | 5/21/2024 | $8613000 | $8487720 | $8422653 | <sup>#</sup> |
| Apex Service Partners, LLC <br> (2024 Revolving Credit Loan)<sup>1,2</sup> | 4% + CME Term SOFR | 10/24/2029 | 10/22/2024 | 298647 | 298647 | 298647 | <sup>#</sup> |
| Apex Service Partners, LLC <br> (2024 Term Loan)<sup>1</sup> | 5% + CME Term SOFR | 10/24/2030 | 10/22/2024 | 3759534 | 3727807 | 3730209 | <sup>#</sup> |
| Apex Service Partners, LLC <br> (First Amendment Incremental DDTL Loan)<sup>1</sup> | 5% + CME Term SOFR | 10/24/2030 | 9/24/2024 | 4980426 | 4959694 | 4941578 | <sup>#</sup> |
| Apex Service Partners, LLC<br> (Initial DDTL)<sup>1</sup> | 5% + CME Term SOFR | 10/24/2030 | 10/22/2024 | 894805 | 887254 | 887826 | <sup>#</sup> |
| Apex Service Partners, LLC<br> (Second Amendment Incremental DDTL Loan)<sup>1,2</sup> | 5% + CME Term SOFR | 10/24/2030 | 4/29/2025 | 10603978 | 10555059 | 10534117 | <sup>#</sup> |
| Apex Service Partners, LLC<br> (Second Amendment Incremental Term Loan)<sup>1</sup> | 5% + CME Term SOFR | 10/24/2030 | 4/29/2025 | 3614093 | 3580747 | 3585903 | <sup>#</sup> |
| Arctic Holdco, LLC<br> (2025 DDTL)<sup>1,2</sup> | 5.25% + CME Term SOFR | 1/31/2032 | 1/31/2025 | 3809809 | 3792571 | 3778029 | <sup>#</sup> |
| Arctic Holdco, LLC<br> (Initial Refinancing Revolving Loan)<sup>1,2</sup> | 5.25% + CME Term SOFR | 1/31/2031 | 1/31/2025 | 2547771 | 2525119 | 2522212 | <sup>#</sup> |
| Arctic Holdco, LLC<br> (Tranche B Term Loan)<sup>1</sup> | 5.25% + CME Term SOFR | 1/31/2032 | 1/31/2025 | 33378344 | 33076293 | 33031209 | <sup>#</sup> |
| Associations, Inc.<br> (Revolving Loan (2024))<sup>1,2</sup> | 6.5% + CME Term SOFR | 7/2/2028 | 5/3/2024 | 813783 | 813783 | 813783 | <sup>#</sup> |
| Associations, Inc.<br> (Special Purpose DDTL)<sup>1,2</sup> | 6.5% + CME Term SOFR | 7/2/2028 | 5/3/2024 | 1012742 | 1012742 | 1011439 | <sup>#</sup> |
| Associations, Inc.<br> (Term Loan A)<sup>1</sup> | 6.5% + CME Term SOFR | 7/2/2028 | 5/3/2024 | 12951380 | 12951380 | 12907345 | <sup>#</sup> |
| BDO USA, PC<br> (2024 Term Loan)<sup>1</sup> | 5% + CME Term SOFR | 8/31/2028 | 10/4/2024 | 14848485 | 14848485 | 14842545 | <sup>#</sup> |
| Bristol Hospice, LLC<br> (Initial Term Loan)<sup>1</sup> | 5% + CME Term SOFR | 8/26/2032 | 8/26/2025 | 18257840 | 18078863 | 18077832 |  |
| Bristol Hospice, LLC <br> (Revolving Credit Loan)<sup>1,2</sup> | 5% + CME Term SOFR | 8/26/2032 | 8/26/2025 | 1742160 | 1725082 | 1724739 |  |
| Celero Commerce, LLC<br> (Multi-Draw Term Loan (2025))<sup>1,2</sup> | 5% + CME Term SOFR | 2/28/2031 | 3/14/2025 | 3614458 | 3602155 | 3600904 | <sup>#</sup> |
| Celero Commerce, LLC<br> (Revolving Loan (2025))<sup>1,2</sup> | 5% + CME Term SOFR | 2/28/2031 | 3/14/2025 | 1204819 | 1196617 | 1195783 | <sup>#</sup> |
| Celero Commerce, LLC<br> (Term Loan (2025))<sup>1</sup> | 5% + CME Term SOFR | 2/28/2031 | 3/14/2025 | 15180723 | 15077380 | 15101783 | <sup>#</sup> |
| Continental Cafe Holdings, LLC<br> (DDTL)<sup>1,2</sup> | 5% + CME Term SOFR | 12/31/2029 | 12/19/2024 | 4545455 | 4521466 | 4508864 | <sup>#</sup> |
| Continental Cafe Holdings, LLC<br> (Initial Term Loan)<sup>1</sup> | 5% + CME Term SOFR | 12/31/2029 | 12/19/2024 | 10376136 | 10266617 | 10272375 | <sup>#</sup> |
| Dealer Services Network, LLC<br> (Second Amendment Incremental Term Loan)<sup>1</sup> | 5.5% + CME Term SOFR | 2/9/2027 | 9/5/2024 | 15880000 | 15791201 | 15721200 |  |
| Diligent Corporation <br> (fka Diamond Merger Sub II, Corp.)<br> (A-1 Cash Pay Term Loan)<sup>1</sup> | 5% + CME Term SOFR | 8/2/2030 | 4/23/2024 | 6374113 | 6337115 | 6298899 | <sup>#</sup> |

---

<br> www.hamiltonlane.com HL SCOPE RIC LLC 1

![](image_001.jpg)

**HL SCOPE RIC LLC**

**Schedule of Investments (Unaudited) (Continued)**

**September 30, 2025**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest <br> rate** | **Maturity** <br> **date** | **Acquisition** <br> **date** | **Principal<br> amount** | **Cost** | **Fair Value** |  |
| **Investments<sup>†</sup> – 118.72% (Continued)** | **Investments<sup>†</sup> – 118.72% (Continued)** |  |  | | | |  |
| **Term Loans\* – 111.61% (Continued)** | **Term Loans\* – 111.61% (Continued)** |  |  | | | |  |
| **Direct Credit – 111.61% (Continued)** | **Direct Credit – 111.61% (Continued)** |  |  | | | |  |
| Diligent Corporation<br> (fka Diamond Merger Sub II, Corp.)<br> (A-1 PIK Option Term Loan)<sup>1</sup> | 5% + CME Term SOFR | 8/2/2030 | 4/23/2024 | $1092701 | $1086359 | $1079807 | <sup>#</sup> |
| DTI Holdco, Inc. <br> (2025 Refinancing Term Loan (First Lien))<sup>1</sup> | 4% + CME Term SOFR | 4/26/2029 | 2/7/2025 | 19849364 | 19813397 | 18293174 | <sup>#</sup> |
| Engineering Research And Consulting, LLC <br> (Term B Loan)<sup>1</sup> | 5% + CME Term SOFR | 8/29/2031 | 8/16/2024 | 9925000 | 9756956 | 9678860 | <sup>#</sup> |
| ESCP DTFS, Inc. <br> (Initial Term Loan)<sup>1</sup> | 5.5% + CME Term SOFR | 9/28/2029 | 9/30/2024 | 9900000 | 9761514 | 9792090 | <sup>#</sup> |
| Finastra USA, Inc. <br> (Initial USD Term Loan (First Lien))<sup>1</sup> | 4% + CME Term SOFR | 9/15/2032 | 7/31/2025 | 10000000 | 9900519 | 9900519 |  |
| Frazier & Deeter Advisory, LLC<br> (DDTL)<sup>1,2</sup> | 4.5% + CME Term SOFR | 5/3/2032 | 5/1/2025 | 12975000 | 12853017 | 12845250 |  |
| Frazier & Deeter Advisory, LLC <br> (Initial Term Loan)<sup>1</sup> | 4.5% + CME Term SOFR | 5/3/2032 | 5/1/2025 | 30525000 | 30285264 | 30285170 |  |
| Frazier & Deeter Advisory, LLC<br> (Revolving Loan)<sup>1,2</sup> | 4.5% + CME Term SOFR | 5/2/2031 | 5/1/2025 | 4500000 | 4457694 | 4455000 |  |
| Harris & Co., LLC <br> (DDTL B)<sup>1</sup> | 5% + CME Term SOFR | 8/9/2030 | 8/21/2025 | 2882271 | 2882271 | 2882271 |  |
| Harris & Co., LLC <br> (DDTL C)<sup>1,2</sup> | 5% + CME Term SOFR | 8/9/2030 | 8/21/2025 | 1444756 | 1439461 | 1439338 |  |
| Harris & Co., LLC <br> (Revolving Loan)<sup>1,2</sup> | 5% + CME Term SOFR | 8/9/2030 | 8/21/2025 | 310522 | 308245 | 308202 |  |
| Innovative Systems, LLC <br> (DDTL)<sup>1,2</sup> | 4.75% + CME Term SOFR | 8/20/2032 | 8/20/2025 | 8011364 | 7971965 | 7971307 |  |
| Innovative Systems, LLC <br> (Initial Term Loan)<sup>1</sup> | 4.75% + CME Term SOFR | 8/20/2032 | 8/20/2025 | 18693182 | 18509320 | 18509320 |  |
| Innovative Systems, LLC <br> (Revolving Loan)<sup>1,2</sup> | 4.75% + CME Term SOFR | 8/20/2032 | 8/20/2025 | 2670455 | 2644189 | 2643750 |  |
| IVC Acquisition, Ltd. <br> (Facility B12)<sup>1</sup> | 3.75% + CME Term SOFR | 12/12/2028 | 1/17/2025 | 7370263 | 7370263 | 7370263 |  |
| KAMC Holdings, Inc. <br> (Initial Term Loan)<sup>1</sup> | 5.25% + CME Term SOFR | 8/1/2031 | 8/1/2025 | 20496183 | 20197300 | 20197300 |  |
| KAMC Holdings, Inc. <br> (Revolving Credit Loan)<sup>1,2</sup> | 5.25% + CME Term SOFR | 8/1/2031 | 8/1/2025 | 2003817 | 1974596 | 1973975 |  |
| Kleinfelder Intermediate, LLC <br> (DDTL)<sup>1,2</sup> | 5% + CME Term SOFR | 9/18/2030 | 6/12/2025 | 3725751 | 3725751 | 3725751 |  |
| Kleinfelder Intermediate, LLC <br> (Initial Revolving Loan)<sup>1,2</sup> | 6.25% + CME Term SOFR | 9/18/2028 | 6/12/2025 | 2487150 | 2487150 | 2487150 |  |
| Kleinfelder Intermediate, LLC <br> (Initial Term Loan)<sup>1</sup> | 5% + CME Term SOFR | 9/18/2030 | 6/12/2025 | 18686784 | 18686784 | 18686784 |  |
| KnowBe4, Inc. <br> (Term Loan (First Lien))<sup>1</sup> | 3.75% + CME Term SOFR | 7/23/2032 | 7/22/2025 | 10000000 | 9975561 | 9975560 |  |
| LHS Borrower, LLC <br> (Initial Term Loan)<sup>1</sup> | 5.25% + CME Term SOFR | 9/4/2031 | 9/4/2025 | 51738462 | 50971948 | 50971949 |  |
| LHS Borrower, LLC <br> (Revolving Credit Loan)<sup>1,2</sup> | 5.25% + CME Term SOFR | 9/4/2031 | 9/4/2025 | 4084615 | 4024101 | 4023346 |  |
| LSCS Holdings, Inc. <br> (2025 Refinancing Term Loan (First Lien))<sup>1</sup> | 4.5% + CME Term SOFR | 3/4/2032 | 2/21/2025 | 19747587 | 19679101 | 19747587 |  |
| Minds Buyer, LLC <br> (Revolving Loan (2024) (First Lien))<sup>1,2</sup> | 5.25% + CME Term SOFR | 5/3/2029 | 10/29/2024 | 520833 | 516691 | 515625 | <sup>#</sup> |

---

<br> www.hamiltonlane.com HL SCOPE RIC LLC 2

![](image_001.jpg)

**HL SCOPE RIC LLC**

**Schedule of Investments (Unaudited) (Continued)**

**September 30, 2025**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest <br> rate** | **Maturity** <br> **date** | **Acquisition** <br> **date** | **Principal<br> amount** | **Cost** | **Fair Value** |  |
| **Investments<sup>†</sup> – 118.72% (Continued)** | **Investments<sup>†</sup> – 118.72% (Continued)** |  |  | | | |  |
| **Term Loans\* – 111.61% (Continued)** | **Term Loans\* – 111.61% (Continued)** |  |  | | | |  |
| **Direct Credit – 111.61% (Continued)** | **Direct Credit – 111.61% (Continued)** |  |  | | | |  |
| Minds Buyer, LLC <br> (Second Amendment Incremental Term Loan (First Lien))<sup>1</sup> | 5% + CME Term SOFR | 5/3/2029 | 10/25/2024 | $9408073 | $9333242 | $9350684 | <sup>#</sup> |
| Monarch Buyer, Inc. <br> (DDTL)<sup>1,2</sup> | 4.75% + CME Term SOFR | 6/2/2032 | 6/2/2025 | 12500000 | 12440458 | 12437500 |  |
| Monarch Buyer, Inc. <br> (Initial Term Loan)<sup>1</sup> | 4.75% + CME Term SOFR | 6/2/2032 | 6/2/2025 | 30000000 | 29714196 | 29714196 |  |
| Monarch Buyer, Inc. <br> (Revolving Credit Loan)<sup>1,2</sup> | 4.75% + CME Term SOFR | 6/2/2032 | 6/2/2025 | 5625000 | 5571412 | 5568750 |  |
| NDT Global Holding, Inc.<br> (DDTL)<sup>1,2</sup> | 4.5% + CME Term SOFR | 6/4/2032 | 6/4/2025 | 9333333 | 9288838 | 9268045 |  |
| NDT Global Holding, Inc. <br> (Initial Term Loan)<sup>1</sup> | 4.5% + CME Term SOFR | 6/4/2032 | 6/4/2025 | 21000000 | 20799773 | 20799773 |  |
| NDT Global Holding, Inc.<br> (Revolving Credit Loan)<sup>1,2</sup> | 4.75% + CME Term SOFR | 6/4/2032 | 6/3/2025 | 4666667 | 4622172 | 4620000 |  |
| NS and Associates, LLC <br> (New Term A Loan)<sup>1</sup> | 5.25% + CME Term SOFR | 8/6/2030 | 8/6/2025 | 44961538 | 44525712 | 44525712 |  |
| NS and Associates, LLC<br> (Revolving Loan (2025))<sup>1,2</sup> | 5.25% + CME Term SOFR | 8/6/2030 | 8/6/2025 | 4038462 | 3999315 | 3998077 |  |
| OneZero Financial Systems, LLC<br> (DDTL)<sup>1,2</sup> | 5% + CME Term SOFR | 10/7/2031 | 10/7/2024 | 1579064 | 1572278 | 1569153 | <sup>#</sup> |
| OneZero Financial Systems, LLC<br> (Initial Term Loan)<sup>1</sup> | 5% + CME Term SOFR | 10/7/2031 | 10/7/2024 | 8993269 | 8915968 | 8914128 | <sup>#</sup> |
| OneZero Financial Systems, LLC<br> (Revolving Loan)<sup>1,2</sup> | 5% + CME Term SOFR | 10/7/2031 | 10/7/2024 | 1129808 | 1120096 | 1118510 | <sup>#</sup> |
| Perforce Software, Inc. <br> (2024-1 Refinancing Term Loan (First Lien))<sup>1</sup> | 4.75% + CME Term SOFR | 7/2/2029 | 12/18/2024 | 4962500 | 4899974 | 4890544 | <sup>#</sup> |
| PestCo, LLC <br> (DDTL)<sup>1,2</sup> | 4.75% + CME Term SOFR | 8/6/2030 | 8/6/2025 | 4295302 | 4274484 | 4273826 |  |
| PestCo, LLC <br> (Revolving Loan)<sup>1,2</sup> | 4.75% + CME Term SOFR | 8/6/2030 | 8/6/2025 | 1718121 | 1709794 | 1709530 |  |
| PestCo, LLC <br> (Term A Loan)<sup>1</sup> | 4.75% + CME Term SOFR | 8/6/2030 | 8/6/2025 | 19586577 | 19491648 | 19491648 |  |
| Priority Holdings, LLC <br> (2025-1 Refinancing Term Loan)<sup>1</sup> | 3.75% + CME Term SOFR | 7/30/2032 | 7/23/2025 | 4000000 | 3990193 | 3990193 |  |
| PT Intermediate Holdings III, LLC<br> (2024 DDTL)<sup>1,2</sup> | 5% + CME Term SOFR | 4/9/2030 | 4/3/2024 | 985930 | 985037 | 984698 | <sup>#</sup> |
| PT Intermediate Holdings III, LLC<br> (2024 Term Loan)<sup>1</sup> | 3.25% + CME Term SOFR | 4/9/2030 | 4/3/2024 | 16818146 | 16788217 | 16651646 | <sup>#</sup> |
| Redwood Services, LP <br> (Closing Date Term Loan)<sup>1</sup> | 4.75% + CME Term SOFR | 6/16/2032 | 6/16/2025 | 34200000 | 33872311 | 33872311 |  |
| Redwood Services, LP <br> (DDTL)<sup>1,2</sup> | 4.75% + CME Term SOFR | 6/16/2032 | 6/16/2025 | 10800000 | 10748260 | 10746000 |  |
| Redwood Services, LP <br> (Revolving Loan)<sup>1,2</sup> | 4.75% + CME Term SOFR | 6/16/2032 | 6/16/2025 | 4500000 | 4456883 | 4455000 |  |
| SGA Dental Partners Opco, LLC<br> (2025 DDTL)<sup>1,2</sup> | 5.5% + CME Term SOFR | 7/17/2029 | 4/1/2025 | 11622188 | 11519530 | 11491272 |  |
| SGA Dental Partners Opco, LLC<br> (Initial DDTL)<sup>1</sup> | 5.5% + CME Term SOFR | 7/17/2029 | 7/17/2024 | 2363042 | 2345118 | 2321266 |  |
| SGA Dental Partners Opco, LLC<br> (Initial Term Loan)<sup>1</sup> | 5.5% + CME Term SOFR | 7/17/2029 | 7/17/2024 | 12492857 | 12303343 | 12272001 |  |
| Smartronix, LLC <br> (Term Loan)<sup>1</sup> | 4.5% + CME Term SOFR | 2/6/2032 | 2/6/2025 | 6467500 | 6408522 | 6403472 | <sup>#</sup> |

---

<br> www.hamiltonlane.com HL SCOPE RIC LLC 3

![](image_001.jpg)

**HL SCOPE RIC LLC**

**Schedule of Investments (Unaudited) (Continued)**

**September 30, 2025**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest <br> rate** | **Maturity <br> date** | **Acquisition<br> date** | **Principal<br> amount** | **Cost** | **Fair Value** |  |
| **Investments<sup>†</sup> – 118.72% (Continued)** | **Investments<sup>†</sup> – 118.72% (Continued)** |  |  | | | |  |
| **Term Loans\* – 111.61% (Continued)** | **Term Loans\* – 111.61% (Continued)** |  |  | | | |  |
| **Direct Credit – 111.61% (Continued)** | **Direct Credit – 111.61% (Continued)** |  |  | | | |  |
| Solidcore Topco, LLC <br> (Amendment No. 1 Incremental Term Loan)<sup>1</sup> | 5.75% + CME Term SOFR | 9/5/2031 | 9/5/2025 | $3831649 | $3755926 | $3756032 |  |
| Solidcore Topco, LLC <br> (Amendment No. 1 DDTL)<sup>1,2</sup> | 5.75% + CME Term SOFR | 9/5/2031 | 9/5/2025 | 1468723 | 1454210 | 1454036 |  |
| Solidcore Topco, LLC <br> (Closing Date DDTL)<sup>1,2</sup> | 5.75% + CME Term SOFR | 11/4/2030 | 11/1/2024 | 2000000 | 1983021 | 1980000 |  |
| Solidcore Topco, LLC <br> (Initial Revolving Loan)<sup>1,2</sup> | 5.75% + CME Term SOFR | 11/4/2030 | 11/1/2024 | 1000000 | 983021 | 980000 |  |
| Solidcore Topco, LLC <br> (Initial Term Loan)<sup>1</sup> | 5.75% + CME Term SOFR | 11/4/2030 | 11/1/2024 | 9950000 | 9781063 | 9753638 |  |
| SPLAT Super Holdco, LLC <br> (DDTL)<sup>1,2</sup> | 5% + CME Term SOFR | 7/2/2032 | 7/16/2025 | 3001980 | 3001980 | 3001980 |  |
| SPLAT Super Holdco, LLC <br> (Initial Term Loan)<sup>1</sup> | 5% + CME Term SOFR | 7/2/2032 | 7/16/2025 | 15948020 | 15484106 | 15484066 |  |
| Starlight Parent, LLC <br> (Initial Term Loan (First Lien))<sup>1</sup> | 4% + CME Term SOFR | 4/16/2032 | 3/13/2025 | 15000000 | 14557412 | 14471135 |  |
| Summit Buyer, LLC <br> (2025 Incremental DDTL)<sup>1,2</sup> | 4.75% + CME Term SOFR | 6/2/2031 | 5/9/2025 | 7010870 | 6994490 | 6993343 | <sup>#</sup> |
| Summit Buyer, LLC <br> (Closing Date DDTL)<sup>1,2</sup> | 5% + CME Term SOFR | 6/2/2031 | 5/31/2024 | 6972234 | 6944024 | 6907809 | <sup>#</sup> |
| Summit Buyer, LLC <br> (Closing Date Term Loan)<sup>1</sup> | 5% + CME Term SOFR | 6/2/2031 | 5/31/2024 | 12724728 | 12621760 | 12584756 | <sup>#</sup> |
| Summit Buyer, LLC<br> (Revolving Loan)<sup>1,2</sup> | 4.75% + CME Term SOFR | 5/31/2030 | 5/31/2024 | 1635870 | 1623154 | 1619511 | <sup>#</sup> |
| Sunshine Cadence Holdco, LLC<br> (DDTL)<sup>1,2</sup> | 5% + CME Term SOFR | 5/1/2031 | 5/1/2024 | 4299982 | 4299982 | 4290617 | <sup>#</sup> |
| Sunshine Cadence Holdco, LLC<br> (Initial Term Loan)<sup>1</sup> | 5% + CME Term SOFR | 5/1/2031 | 5/1/2024 | 11472353 | 11380879 | 11427611 | <sup>#</sup> |
| Tau Buyer, LLC <br> (DDTL)<sup>1,2</sup> | 4.75% + CME Term SOFR | 2/2/2032 | 1/29/2025 | 2352941 | 2342295 | 2336676 | <sup>#</sup> |
| Tau Buyer, LLC <br> (Revolving Credit Loan)<sup>1,2</sup> | 4.75% + CME Term SOFR | 2/2/2032 | 1/29/2025 | 882353 | 874368 | 873577 | <sup>#</sup> |
| Tau Buyer, LLC <br> (Term B Loan)<sup>1</sup> | 4.75% + CME Term SOFR | 2/2/2032 | 1/29/2025 | 6764706 | 6703490 | 6700441 | <sup>#</sup> |
| TEAM Services Group, LLC<br> (Incremental Term Loan (First Lien))<sup>1</sup> | 5.25% + CME Term SOFR | 12/20/2027 | 6/28/2024 | 8932500 | 8807104 | 8827097 | <sup>#</sup> |
| Ultimus Group Midco, LLC <br> (Initial DDTL)<sup>1,2</sup> | 4.75% + CME Term SOFR | 7/1/2032 | 7/1/2025 | 8000000 | 7961455 | 7960000 |  |
| Ultimus Group Midco, LLC <br> (Initial Term Loan)<sup>1</sup> | 4.75% + CME Term SOFR | 7/1/2032 | 7/1/2025 | 24000000 | 23768727 | 23768727 |  |
| Ultimus Group Midco, LLC, <br> (Revolving Credit Loan)<sup>1,2</sup> | 4.75% + CME Term SOFR | 7/1/2032 | 7/1/2025 | 3000000 | 2971091 | 2970000 |  |
| US Fitness Holdings, LLC <br> (2024 Refinancing Revolving Credit Loan)<sup>1,2</sup> | 5.5% + CME Term SOFR | 9/4/2030 | 9/4/2024 | 732143 | 726017 | 724821 | <sup>#</sup> |
| US Fitness Holdings, LLC <br> (DDTL)<sup>1,2</sup> | 5.5% + CME Term SOFR | 9/4/2031 | 9/4/2024 | 1522857 | 1516282 | 1515243 | <sup>#</sup> |
| US Fitness Holdings, LLC <br> (Initial Term Loan)<sup>1</sup> | 5.5% + CME Term SOFR | 9/4/2031 | 9/4/2024 | 7936941 | 7871691 | 7886145 | <sup>#</sup> |
| Vensure Employer Services, Inc. <br> (Initial Term Loan)<sup>1</sup> | 5% + CME Term SOFR | 9/27/2031 | 11/1/2024 | 11909816 | 11804534 | 11789527 | <sup>#</sup> |

---

<br> www.hamiltonlane.com HL SCOPE RIC LLC 4

![](image_001.jpg)

**HL SCOPE RIC LLC**

**Schedule of Investments (Unaudited) (Continued)**

**September 30, 2025**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest <br> rate** | **Maturity <br> date** | **Acquisition<br> date** | **Principal<br> amount** | **Cost** | **Fair Value** |  |
| **Investments<sup>†</sup> – 118.72% (Continued)** | **Investments<sup>†</sup> – 118.72% (Continued)** |  |  | | | |  |
| **Term Loans\* – 111.61% (Continued)** | **Term Loans\* – 111.61% (Continued)** |  |  | | | |  |
| **Direct Credit – 111.61% (Continued)** | **Direct Credit – 111.61% (Continued)** |  |  | | | |  |
| VSTG Intermediate Holdings, Inc.<br> (Initial Term Loan)<sup>1</sup> | 3.75% + CME Term SOFR | 7/13/2029 | 1/24/2025 | $9412037 | $9412037 | $9403566 | <sup>#</sup> |
| Vybond Buyer, LLC <br> (DDTL)<sup>1,2</sup> | 5% + CME Term SOFR | 2/3/2032 | 2/3/2025 | 2628505 | 2610642 | 2608791 | <sup>#</sup> |
| Vybond Buyer, LLC <br> (Initial Term Loan)<sup>1</sup> | 5% + CME Term SOFR | 2/3/2032 | 2/3/2025 | 10374117 | 10233116 | 10239253 | <sup>#</sup> |
| Vybond Buyer, LLC <br> (Revolving Credit Loan)<sup>1,2</sup> | 5% + CME Term SOFR | 2/3/2032 | 2/3/2025 | 1971379 | 1944584 | 1941808 | <sup>#</sup> |
| Wisdom Purchaser, LLC <br> (Initial Term Loan)<sup>1</sup> | 4.5% + CME Term SOFR | 7/24/2032 | 7/24/2025 | 18125000 | 18125000 | 18125000 |  |
| Wisdom Purchaser, LLC <br> (Revolving Credit Loan)<sup>1,2</sup> | 4.5% + CME Term SOFR | 7/24/2032 | 7/24/2025 | 1875000 | 1875000 | 1875000 |  |
| **Total Direct Credit** |  |  |  |  |  | **947257363** |  |
| **Total Term Loans** |  |  |  |  |  | **947257363** |  |
| **Fund of Funds – 4.80%** |  |  |  |  |  |  |  |
| **Direct Equity – 4.80%** |  |  |  |  |  |  |  |
| BCP Great Lakes II - Series B Holdings LP^<sup>1</sup> | N/A | N/A | 9/1/2025 | N/A | 6854849 | 6854849 |  |
| BSP Debt Fund IV CV LP^<sup>1</sup> | N/A | N/A | 8/26/2025 | N/A | 33883667 | 33883667 |  |
| **Total Direct Equity** |  |  |  |  |  | **40738516** |  |
| **Total Fund of Funds** |  |  |  |  |  | **40738516** |  |
| **Short Term Investments – 2.31%** |  |  |  |  |  |  |  |
| **Time Deposits – 2.31%** |  |  |  |  |  |  |  |
| JPMorgan Chase & Co. | 3.44% | 10/1/2025 | 9/30/2025 | 19601826 | 19601826 | 19601826 |  |
| **Total Time Deposits** |  |  |  |  |  | **19601826** |  |
| **Total Short Term Investments** |  |  |  |  |  | **19601826** |  |

---

---

| | |
|:---|:---|
| **Total Investments (Cost $1,009,842,791)** | $**1007597705** |
| Liabilities in excess of other asstes – (18.72)% | (158885251) |
| **Total Net Assets – 100%** | $**848712454** |

---

DDTL - Delayed Draw Term Loan

CME - Chicago Mercantile Exchange

SOFR - Secured Overnight Financing Rate (CME Term SOFR 3 Month was 3.98% at September 30, 2025)

<sup>†</sup> Direct Investments are private investments directly into the equity or debt of selected operating companies, often together with the management of the company.

\* These loans carry a variable rate of interest. These base lending rates are generally (i) the Prime Rate offered by one or more major United States banks, (ii) the lending rate offered by one or more European banks, (iii) the Certificate of Deposit rate, or (iv) SOFR.

<sup>#</sup> The Fair Value is estimated using significant unobservable inputs. Please see notes to financial statements for further details regarding the valuation policy of the Fund.

^ Investments do not issue shares.

<sup>1</sup> Restricted Security. Investments generally issued in private placement transactions and as such generally restricted as to resale. Each investment may have been purchased on various dates and for different amounts. The date of the first purchase is reflected under Acquisition Date as shown in the Schedule of Investments.

2 Investment has been committed to but has not been fully funded by the Fund as of period end.

Percentage based on net assets of $848,712,454.

<br> www.hamiltonlane.com HL SCOPE RIC LLC 5

![](image_001.jpg)

**HL SCOPE RIC LLC**

**Notes to Schedule of Investments (Unaudited)**

**September 30, 2025**

**1.** **Fair Value of Financial Instruments** 

The fair value of the Fund's assets which qualify as financial instruments approximates the carrying amounts presented in the Statement of Assets and Liabilities. The Fund values its investments in fund of funds at fair value in accordance with FASB ASC 820, Fair Value Measurement ("ASC 820").

Rule 2a-5 establishes requirements for determining fair value in good faith for purposes of the Investment Company Act. Rule 2a-5 permits fund boards to designate certain parties to perform fair value determinations, subject to board oversight and certain other conditions. Rule 2a-5 also defines when market quotations are "readily available" for purposes of the Investment Company Act and the threshold for determining whether a fund must fair value a security. Pursuant to the requirements of Rule 2a-5, the Board of Directors (the "Board") designated the Adviser as its valuation designee to perform fair value determinations and approved new valuation procedures for the Fund, subject to the oversight of the Board.

The Fund's investments are in private credit and equity-related investments that are generally not publicly traded, and thus, market quotations are not available to be used for valuation purposes. Therefore, the Adviser is required to value these investments at estimated fair values in accordance with ASC 820, consistently applying generally accepted valuation techniques that involve unobservable inputs. These may include references to market multiples, market yields, valuations for comparable companies, public market or private transactions, developments concerning the companies to which the securities relate, results of operations, financial condition, cash flows, and projections of such companies provided to the Adviser and such other factors as the Adviser may deem relevant. Depending on the circumstances, company multiples will not always be comparable due to the size of the related companies or associated transactions being used as comparable data in valuation.

The Adviser utilizes a valuation committee, consisting of senior members of the management team, to review and approve the valuation results related to the investments. The Adviser also utilizes independent valuation firms to provide third-party valuation consulting services for investments.

Certain fund of funds are valued based on the latest net asset value ("NAV") reported by the third-party fund manager or general partner. This is commonly referred to as using NAV as a practical expedient which allows for estimation of the fair value of a private investment based on NAV or its equivalent if the NAV of the private fund is calculated in a manner consistent with ASC 946.

In cases where the NAV of the fund of funds is not available as of the measurement date, the Valuation Designee estimates NAV based upon the most recent NAV provided from the third-party manager or general partner, as adjusted for other information available at the time the portfolio is valued. Such adjustments may include adjustments for additional capital contributions or distributions, as well as market adjustments determined by the Valuation Designee based upon the returns of public market indices and the historical alignment of such public market indices against private indices of a similar strategy to the investment.

**2.** **Portfolio Valuation** 

ASC 820 defines fair value as the value that the Fund would receive to sell an investment or pay to transfer a liability in a timely transaction with an independent buyer in the principal market, or in the absence of a principal market, the most advantageous market for the asset or liability. ASC 820 establishes a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability. Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund's own assumptions about the assumptions that market participants would use in valuing the asset or liability developed based on the best information available in the circumstances. Each investment is assigned a level based upon the observation of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below:

Level I: Quoted prices are available in active markets for identical investments as of the reporting date. The types of investments which would generally be included in Level I include listed equities.

<br> www.hamiltonlane.com HL SCOPE RIC LLC 6

![](image_001.jpg)

**HL SCOPE RIC LLC**

**Notes to Schedule of Investments (Unaudited) (Continued)**

**September 30, 2025**

**2.** **Portfolio Valuation (Continued)** 

Level II: Pricing inputs are other than quoted prices in active markets, which are either directly or indirectly observable as of the reporting date, and fair value is determined through the use of models or other valuation methodologies. The types of investments which would generally be included in Level II include corporate bonds and loans, and less liquid and restricted equity securities. This category also includes interests in special purpose vehicles whose fair value is predominantly attributable to investments in Level I type securities.

Level III: Pricing inputs are unobservable for the investment and include situations where there is little, if any, market activity for the investment. The inputs into the determination of fair value require significant management judgment or estimation. Those unobservable inputs, that are not corroborated by market data, generally reflect the reporting entity's own assumptions about the assumptions market participants would use in determining the fair value of the investment. The types of investments which would generally be included in Level III include equity and/or debt securities issued by private entities and investments in private equity partnerships.

The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities. The following is a summary of the inputs used, as of September 30, 2025, in valuing the Fund's assets and liabilities carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Assets** | **Level I** | **Level II** | **Level III** | **Total** |
| Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Term Loans | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | $947257363 | $947257363 |
| &nbsp;&nbsp;&nbsp;Time Deposits | 19601826 | - | - | 19601826 |
|  | 19601826 | - | 947257363 | 966859189 |
| Investments valued using practical expedient\* |  |  |  | 40738516 |
| **Total Investments** |  |  |  | $**1007597705** |

---

\* Certain investments that are measured at fair value using NAV per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented on the Statement of Assets and Liabilities.

The following is a reconciliation of assets in which significant unobservable inputs (Level III) were used in determining value:

---

| | |
|:---|:---|
| Balance as of June 30, 2025 | $522216022 |
| &nbsp;&nbsp;&nbsp;Total gains or losses for the period included in earnings (or changes in net assets) | (1778879) |
| &nbsp;&nbsp;&nbsp;Transfers into Level III |  |
| &nbsp;&nbsp;&nbsp;Transfers out of Level III |  |
| &nbsp;&nbsp;&nbsp;Purchases | 474114198 |
| &nbsp;&nbsp;&nbsp;Sales | (47293978) |
| Balance as of September 30, 2025 | $**947257363** |
| Change in unrealized gains or losses for the period included in earnings (or changes in partners' capital) for Level III assets held at the end of the reporting period | $**(1880548)** |

---

<br> www.hamiltonlane.com HL SCOPE RIC LLC 7

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** HL SCOPE RIC LLC

- **b. Investment Company Act file number:** 811-24008

- **c. CIK number of Registrant:** 0002040278

- **d. LEI of Registrant:** 2138007X343HI875WI08

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 110 Washington Street

  - **City:** Conshohocken

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19428

  - **Telephone number:** (888) 882-8212

**Item A.2. Information about the Series.**

- **a. Name of Series:** HL SCOPE RIC LLC

- **c. LEI of Series:** 2138007X343HI875WI08

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $849358670.66

**Total Liabilities:** $646217.08

**Net Assets:** $848712453.58

**Cash Not Reported:** $19677470.08

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 9813.21000000 | **5-Year:** 258679.69000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.73%                | 0.68%                | 0.58%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $50240.39                | $23800.97                                  |
| Month 2  | $-6677.74                | $-397422.64                                |
| Month 3  | $-311427.11              | $-1336871.66                               |

### Schedule of Portfolio Investments

| Name                                       | Title                                                                                | Identifiers                  | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| T/L SUNSHINE CAD 0% 05/01/31               | T/L SUNSHINE CADENCE HOLDCO    LLC REGD 0.00000000                                   | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   4299982 | PA      | $4290617.35   | 0.51%             | 2031-05-01      | Variable      | 5.58%                 | Yes           |                  3 | On Loan: No      |
| BCP GREAT LAKES II - SERIES B  HOLDINGS LP | BCP GREAT LAKES II - SERIES B  HOLDINGS LP                                           | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | RF                | US        |   6854849 | NS      | $6854848.72   | 0.81%             |  |  |  | Yes           |                  3 | On Loan: No      |
| T/L NDT GLOBAL HOL 0% 06/04/32             | T/L NDT GLOBAL HOLDING INC.    REGD 0.00000000                                       | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | CA        |   9333333 | PA      | $9268044.52   | 1.09%             | 2032-06-04      | Variable      | 4.37%                 | Yes           |                  3 | On Loan: No      |
| T/L ARCTIC HOLD 0% 01/31/2032              | T/L ARCTIC HOLDCO LLC REGD 0.00000000                                                | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   3809809 | PA      | $3778029.18   | 0.45%             | 2032-01-31      | Variable      | 6.21%                 | Yes           |                  3 | On Loan: No      |
| T/L TAU BUYER LLC 0% 02/02/32              | T/L TAU BUYER LLC REGD 0.00000000                                                    | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   2352941 | PA      | $2336676.47   | 0.28%             | 2032-02-02      | Variable      | 4.15%                 | Yes           |                  3 | On Loan: No      |
| T/L LHS BORROWER 0% 09/04/31               | T/L LHS BORROWER LLC REGD 0.00000000                                                 | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  51738462 | PA      | $50971948.47  | 6.01%             | 2031-09-04      | Variable      | 9.41%                 | Yes           |                  3 | On Loan: No      |
| T/L TAU BUYER LLC 0% 02/02/32              | T/L TAU BUYER LLC REGD 0.00000000                                                    | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |    882353 | PA      | $873576.94    | 0.10%             | 2032-02-02      | Variable      | 1.38%                 | Yes           |                  3 | On Loan: No      |
| T/L PT INTERMEDIAT 0% 04/09/30             | T/L PT INTERMEDIATE HOLDINGS   III LLC 0% 0.00000000                                 | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  16818146 | PA      | $16651645.96  | 1.96%             | 2030-04-09      | Variable      | 7.25%                 | Yes           |                  3 | On Loan: No      |
| T/L NDT GLOBAL HOL 0% 06/04/32             | T/L NDT GLOBAL HOLDING INC.    REGD 0.00000000                                       | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | CA        |   4666667 | PA      | $4620000.00   | 0.54%             | 2032-06-04      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L APEX SERVICE 0% 10/24/30               | T/L APEX SERVICE PARTNERS LLC 0.00000000                                             | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |    894805 | PA      | $887826.00    | 0.10%             | 2030-10-24      | Variable      | 9.20%                 | Yes           |                  3 | On Loan: No      |
| T/L SMX GROUP LLC 0% 02/06/32              | T/L SMX GROUP LLC REGD 0.00000000                                                    | CUSIP: 89617EAB3<br>LEI: N/A | Long             | LON              | CORP              | US        |   6467500 | PA      | $6403472.01   | 0.75%             | 2032-02-06      | Variable      | 8.66%                 | Yes           |                  3 | On Loan: No      |
| T/L CELERO LLC     0% 02/28/31             | T/L CELERO COMMERCE LLC REGD 0.00000000                                              | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  15180723 | PA      | $15101782.98  | 1.78%             | 2031-02-28      | Variable      | 9.31%                 | Yes           |                  3 | On Loan: No      |
| T/L ASSOCIATIONS 0% 07/02/28               | T/L ASSOCIATIONS INC REGD 0.00000000                                                 | CUSIP: BLM6ZKM58<br>LEI: N/A | Long             | LON              | CORP              | US        |    813783 | PA      | $813783.43    | 0.10%             | 2028-07-02      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L SUMMIT BUYER 0% 05/31/30               | T/L SUMMIT BUYER L.L.C. REGD 0.00000000                                              | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   1635870 | PA      | $1619510.87   | 0.19%             | 2030-05-31      | Variable      | 0.75%                 | Yes           |                  3 | On Loan: No      |
| T/L TEAM SERVICES  0% 12/20/27             | T/L TEAM SERVICES GROUP LLC REGD 0.00000000                                          | CUSIP: 87821AAB7<br>LEI: N/A | Long             | LON              | CORP              | US        |   8932500 | PA      | $8827097.04   | 1.04%             | 2027-12-20      | Variable      | 9.56%                 | Yes           |                  3 | On Loan: No      |
| T/L VYBOND BUYER 0% 02/03/32               | T/L VYBOND BUYER LLC 0.00000000                                                      | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   2628505 | PA      | $2608790.88   | 0.31%             | 2032-02-03      | Variable      | 1.00%                 | Yes           |                  3 | On Loan: No      |
| T/L REDWOOD SER 0% 06/16/32                | T/L REDWOOD SERVICES LP REGD 0.00000000                                              | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  10800000 | PA      | $10746000.00  | 1.27%             | 2032-06-16      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L ULTIMUS GROUP 0% 07/01/32              | T/L ULTIMUS GROUP MIDCO LLC    0% 0.00000000                                         | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  24000000 | PA      | $23768727.36  | 2.80%             | 2032-07-01      | Variable      | 8.75%                 | Yes           |                  3 | On Loan: No      |
| T/L REDWOOD SER 0% 06/16/32                | T/L REDWOOD SERVICES LP REGD 0.00000000                                              | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   4500000 | PA      | $4455000.00   | 0.52%             | 2032-06-16      | Variable      | 0.77%                 | Yes           |                  3 | On Loan: No      |
| T/L SGA DENTAL P 0% 07/17/29               | T/L SGA DENTAL PARTNERS        HOLDINGS LLC REGD 0.00000000                          | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  12492857 | PA      | $12272001.29  | 1.45%             | 2029-07-17      | Variable      | 9.81%                 | Yes           |                  3 | On Loan: No      |
| T/L BRISTOL HOSP 0% 08/26/32               | T/L BRISTOL HOSPICE L.L.C.     REGD 0.00000000                                       | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  18257840 | PA      | $18077831.84  | 2.13%             | 2032-08-26      | Variable      | 9.16%                 | Yes           |                  3 | On Loan: No      |
| T/L DTI HOLDCO 00.00% 04/26/29             | T/L DTI HOLDCO INC. 0.00000000                                                       | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  19849364 | PA      | $18293174.03  | 2.16%             | 2029-04-26      | Variable      | 8.16%                 | Yes           |                  3 | On Loan: No      |
| T/L LSCS HOLDINGS 0% 03/04/32              | T/L LSCS HOLDINGS INC  REGD 0.00000000                                               | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  19747587 | PA      | $19747586.71  | 2.33%             | 2032-03-04      | Variable      | 8.50%                 | Yes           |                  3 | On Loan: No      |
| T/L FINASTRA   00.00% 09/15/32             | T/L FINASTRA USA  INC 0.00000000                                                     | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  10000000 | PA      | $9900518.50   | 1.17%             | 2032-09-15      | Variable      | 8.04%                 | Yes           |                  3 | On Loan: No      |
| T/L ESCP DTFS INC 0% 09/28/29              | T/L ESCP DTFS INC 0% 0.00000000                                                      | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   9900000 | PA      | $9792090.00   | 1.15%             | 2029-09-28      | Variable      | 9.50%                 | Yes           |                  3 | On Loan: No      |
| T/L WISDOM PURCH 0% 07/24/32               | T/L WISDOM PURCHASER LLC REGD 0.00000000                                             | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   1875000 | PA      | $1875000.00   | 0.22%             | 2032-07-24      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L FRAZIER & DE 0% 05/03/32               | T/L FRAZIER & DEETER ADVISORY  LLC REGD 0.00000000                                   | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  30525000 | PA      | $30285170.26  | 3.57%             | 2032-05-03      | Variable      | 8.55%                 | Yes           |                  3 | On Loan: No      |
| T/L VSTG 0% 07/13/29                       | T/L VSTG INTERMEDIATE HOLDINGS 0.00000000                                            | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   9412037 | PA      | $9403566.00   | 1.11%             | 2029-07-13      | Variable      | 7.75%                 | Yes           |                  3 | On Loan: No      |
| T/L REDWOOD SE 0% 06/16/32                 | T/L REDWOOD SERVICES LP REGD 0.00000000                                              | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  34200000 | PA      | $33872311.33  | 3.99%             | 2032-06-16      | Variable      | 8.75%                 | Yes           |                  3 | On Loan: No      |
| T/L ARCTIC HOLD 0% 01/31/2032              | T/L ARCTIC HOLDCO LLC REGD 0.00000000                                                | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  33378344 | PA      | $33031208.85  | 3.89%             | 2032-01-31      | Variable      | 9.25%                 | Yes           |                  3 | On Loan: No      |
| T/L MONARCH BUY 0% 06/02/32                | T/L MONARCH BUYER INC.REGD 0.00000000                                                | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  30000000 | PA      | $29714196.30  | 3.50%             | 2032-06-02      | Variable      | 9.03%                 | Yes           |                  3 | On Loan: No      |
| T/L US FITNESS 0% 09/04/31                 | T/L US FITNESS HOLDINGS LLC    REGD 0.00000000                                       | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   1522857 | PA      | $1515242.86   | 0.18%             | 2031-09-04      | Variable      | 1.00%                 | Yes           |                  3 | On Loan: No      |
| T/L BDO USA P C 0% 08/31/28                | T/L BDO USA P C REGD 0.00000000                                                      | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  14848485 | PA      | $14842545.00  | 1.75%             | 2028-08-31      | Variable      | 9.22%                 | Yes           |                  3 | On Loan: No      |
| T/L PESTCO LLC 0% 08/06/2030               | T/L PESTCO LLC REGD 0.00000000                                                       | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  19586577 | PA      | $19491647.70  | 2.30%             | 2030-08-06      | Variable      | 8.91%                 | Yes           |                  3 | On Loan: No      |
| T/L PERFORCE SO 0.00% 07/02/29             | T/L PERFORCE SOFTWARE INC. 0.00000000                                                | CUSIP: 71376GAK7<br>LEI: N/A | Long             | LON              | CORP              | US        |   4962500 | PA      | $4890544.00   | 0.58%             | 2029-07-02      | Variable      | 8.91%                 | Yes           |                  3 | On Loan: No      |
| T/L MINDS BUYER 0% 05/03/29                | T/L MINDS BUYER LLC 0% 0.00000000                                                    | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |    520833 | PA      | $515625.00    | 0.06%             | 2029-05-03      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L IVC ACQUISITIO 0% 12/12/28             | T/L IVC ACQUISITION LTD REGD   TERM LOAN 0.00000000                                  | CUSIP: C9600DAD5<br>LEI: N/A | Long             | LON              | CORP              | GB        |   7370262 | PA      | $7370262.50   | 0.87%             | 2028-12-12      | Variable      | 7.75%                 | Yes           |                  3 | On Loan: No      |
| T/L VENSURE EMPLOY 0% 09/27/31             | T/L VENSURE EMPLOYER SERVICES  INC 0% 0.00000000                                     | CUSIP: 92276AAU5<br>LEI: N/A | Long             | LON              | CORP              | US        |  11909816 | PA      | $11789527.02  | 1.39%             | 2031-09-27      | Variable      | 9.00%                 | Yes           |                  3 | On Loan: No      |
| T/L STARLIGHT 0% 04/16/32                  | T/L STARLIGHT PARENT LLC REGD 0.00000000                                             | CUSIP: 85554UAB0<br>LEI: N/A | Long             | LON              | CORP              | US        |  15000000 | PA      | $14471134.95  | 1.71%             | 2032-04-16      | Variable      | 8.03%                 | Yes           |                  3 | On Loan: No      |
| T/L LHS BORROWER 0% 09/04/31               | T/L LHS BORROWER LLC REGD 0.00000000                                                 | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   4084615 | PA      | $4023346.15   | 0.47%             | 2031-09-04      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L ASSOCIATIONS 0% 07/02/28               | T/L ASSOCIATIONS INC REGD 0.00000000                                                 | CUSIP: BLM6ZKM33<br>LEI: N/A | Long             | LON              | CORP              | US        |  12951380 | PA      | $12907345.01  | 1.52%             | 2028-07-02      | Variable      | 11.08%                | Yes           |                  3 | On Loan: No      |
| T/L INNOVATIVE 0% 08/20/32                 | T/L INNOVATIVE SYSTEMS L.L.C.  REGD 0.00000000                                       | CUSIP: 45778SAD5<br>LEI: N/A | Long             | LON              | CORP              | US        |   2670455 | PA      | $2643749.99   | 0.31%             | 2032-08-20      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L INNOVATIVE 0% 08/20/32                 | T/L INNOVATIVE SYSTEMS L.L.C.  REGD 0.00000000                                       | CUSIP: 45778SAB9<br>LEI: N/A | Long             | LON              | CORP              | US        |  18693182 | PA      | $18509320.36  | 2.18%             | 2032-08-20      | Variable      | 8.75%                 | Yes           |                  3 | On Loan: No      |
| BSP DEBT FUND IV CV L.P.                   | BSP DEBT FUND IV CV L.P. 0.00000000                                                  | CUSIP: N/A<br>LEI: N/A       | Long             | EC               | RF                | US        |  33883667 | NS      | $33883667.00  | 3.99%             |  |  |  | Yes           |                  3 | On Loan: No      |
| T/L APEX SERVICE 0% 10/24/30               | T/L APEX SERVICE PARTNERS LLC  REGD 0.00000000                                       | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  10603978 | PA      | $10534117.46  | 1.24%             | 2030-10-24      | Variable      | 5.65%                 | Yes           |                  3 | On Loan: No      |
| T/L CONTINENTA 0% 12/31/29                 | T/L CONTINENTAL CAFE HOLDINGS  LLC REGD 0.00000000                                   | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   4545455 | PA      | $4508863.64   | 0.53%             | 2029-12-31      | Variable      | 4.92%                 | Yes           |                  3 | On Loan: No      |
| T/L CELERO MULTI   0% 02/28/31             | T/L CELERO COMMERCE LLC REGD   MULTI DRAW 0.00000000                                 | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   3614458 | PA      | $3600903.61   | 0.42%             | 2031-02-28      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L KLEINFELDERIN 0% 09/18/30              | T/L KLEINFELDER INTERMEDIATE   LLC REGD 0.00000000                                   | CUSIP: 49855KAD0<br>LEI: N/A | Long             | LON              | CORP              | US        |  18686784 | PA      | $18686783.78  | 2.20%             | 2030-09-18      | Variable      | 9.31%                 | Yes           |                  3 | On Loan: No      |
| T/L VYBOND BUYER 0% 02/03/32               | T/L VYBOND BUYER LLC 0.00000000                                                      | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  10374117 | PA      | $10239253.02  | 1.21%             | 2032-02-03      | Variable      | 9.00%                 | Yes           |                  3 | On Loan: No      |
| T/L NDT GLOBAL HOL 0% 06/04/32             | T/L NDT GLOBAL HOLDING INC.    REGD 0.00000000                                       | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | CA        |  21000000 | PA      | $20799773.19  | 2.45%             | 2032-06-04      | Variable      | 8.65%                 | Yes           |                  3 | On Loan: No      |
| T/L ULTIMUS 0.00% 07/01/32                 | T/L ULTIMUS GROUP MIDCO LLC    0% 0.00000000                                         | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   3000000 | PA      | $2970000.00   | 0.35%             | 2032-07-01      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L CELERO REVOLVE 0% 02/28/31             | T/L CELERO COMMERCE LLC REGD   REVOLVING LOAN 0.00000000                             | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   1204819 | PA      | $1195783.14   | 0.14%             | 2031-02-28      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L DEALER SERV 0% 02/09/27                | T/L DEALER SERVICES NETWORK    LLC REGD 0.00000000                                   | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  15880000 | PA      | $15721200.00  | 1.85%             | 2027-02-09      | Variable      | 9.79%                 | Yes           |                  3 | On Loan: No      |
| T/L KLEINFELDER 0% 09/18/30                | T/L KLEINFELDER INTERMEDIATE   LLC REGD 0.00000000                                   | CUSIP: 49855KAB4<br>LEI: N/A | Long             | LON              | CORP              | US        |   3725751 | PA      | $3725750.99   | 0.44%             | 2030-09-18      | Variable      | 5.43%                 | Yes           |                  3 | On Loan: No      |
| T/L HARRIS & CO. LLC                       | T/L HARRIS & CO. LLC                                                                 | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   2882271 | PA      | $2882271.08   | 0.34%             | 2030-08-09      | Variable      | 9.16%                 | Yes           |                  3 | On Loan: No      |
| T/L ULTIMUS GROUP 0.0% 07/01/32            | T/L ULTIMUS GROUP MIDCO LLC 0.00000000                                               | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   8000000 | PA      | $7960000.00   | 0.94%             | 2032-07-01      | Variable      | 1.00%                 | Yes           |                  3 | On Loan: No      |
| T/L APEX SERVICE 0% 10/24/30               | T/L APEX SERVICE PARTNERS LLC  0% 0.00000000                                         | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   4980426 | PA      | $4941577.97   | 0.58%             | 2030-10-24      | Variable      | 9.17%                 | Yes           |                  3 | On Loan: No      |
| T/L APEX SERVICE 0% 10/24/30               | T/L APEX SERVICE PARTNERS LLC  REGD 0.00000000                                       | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   3614093 | PA      | $3585903.02   | 0.42%             | 2030-10-24      | Variable      | 9.31%                 | Yes           |                  3 | On Loan: No      |
| T/L DILIGENT CORPO 0% 08/02/30             | T/L DILIGENT CORPORATION       (FKA DIAMOND MERGER SUB II     CORP) REGD 0.00000000  | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   1092701 | PA      | $1079807.00   | 0.13%             | 2030-08-02      | Variable      | 9.20%                 | Yes           |                  3 | On Loan: No      |
| T/L SIZZLING 0.00% 07/02/32                | T/L SIZZLING PLATTER LLC 0% 0.00000000                                               | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  15948020 | PA      | $15484066.07  | 1.82%             | 2032-07-02      | Variable      | 9.16%                 | Yes           |                  3 | On Loan: No      |
| T/L SOLIDCORE 0% 11/04/30                  | T/L SOLIDCORE TOPCO LLC REGD 0.00000000                                              | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   1000000 | PA      | $980000.00    | 0.12%             | 2030-11-04      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L FRAZIER & DEE 0% 05/02/31              | T/L FRAZIER & DEETER ADVISORY  LLC REGD 0.00000000                                   | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   4500000 | PA      | $4455000.00   | 0.52%             | 2031-05-02      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L BRISTOL HOSP 0% 08/26/32               | T/L BRISTOL HOSPICE L.L.C.     REGD 0.00000000                                       | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   1742160 | PA      | $1724738.68   | 0.20%             | 2032-08-26      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L CONTINENTAL 0% 12/31/29/               | T/L CONTINENTAL CAFE HOLDINGS  LLC REGD 0.00000000                                   | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  10376136 | PA      | $10272375.02  | 1.21%             | 2029-12-31      | Variable      | 9.16%                 | Yes           |                  3 | On Loan: No      |
| T/L DILIGENT 0% 08/02/30                   | T/L DILIGENT CORPORATION       (FKA DIAMOND MERGER SUB II     CORP ) REGD 0.00000000 | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   6374113 | PA      | $6298898.97   | 0.74%             | 2030-08-02      | Variable      | 9.20%                 | Yes           |                  3 | On Loan: No      |
| T/L US FITNESS 0% 09/04/31                 | T/L US FITNESS HOLDINGS LLC    REGD 0.00000000                                       | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   7936941 | PA      | $7886144.96   | 0.93%             | 2031-09-04      | Variable      | 9.51%                 | Yes           |                  3 | On Loan: No      |
| T/L SGA DENTAL PAR 0% 07/17/29             | T/L SGA DENTAL PARTNERS        HOLDINGS LLC REGD 0.00000000                          | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   2363042 | PA      | $2321266.40   | 0.27%             | 2029-07-17      | Variable      | 9.77%                 | Yes           |                  3 | On Loan: No      |
| T/L ONEZERO FIN 0% 10/07/2031              | T/L ONEZERO FINANCIAL SYSTEMS  LLC REGD 0.00000000                                   | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   8993269 | PA      | $8914128.02   | 1.05%             | 2031-10-07      | Variable      | 9.31%                 | Yes           |                  3 | On Loan: No      |
| T/L MONARCH BUYER 0% 06/02/32              | T/L MONARCH BUYER INC.REGD 0.00000000                                                | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   5625000 | PA      | $5568750.00   | 0.66%             | 2032-06-02      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L AIS HOLDCO  0% 05/21/29                | T/L AIS HOLDCO  LLC REGD 0.00000000                                                  | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   8613000 | PA      | $8422652.96   | 0.99%             | 2029-05-21      | Variable      | 10.00%                | Yes           |                  3 | On Loan: No      |
| T/L ENGINEERING 0% 8/29/31                 | T/L ENGINEERING RESEARCH AND   CONSULTING LLC 0.00000000                             | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   9925000 | PA      | $9678860.00   | 1.14%             | 2031-08-29      | Variable      | 9.29%                 | Yes           |                  3 | On Loan: No      |
| T/L KAMC HOLDI 00.00% 08/01/31             | T/L KAMC HOLDINGS INC. 0% 0.00000000                                                 | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  20496183 | PA      | $20197300.08  | 2.38%             | 2031-08-01      | Variable      | 9.55%                 | Yes           |                  3 | On Loan: No      |
| T/L SUMMIT BUYER 0% 06/02/31               | T/L SUMMIT BUYER L.L.C. REGD 0.00000000                                              | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   6972234 | PA      | $6907808.77   | 0.81%             | 2031-06-02      | Variable      | 6.66%                 | Yes           |                  3 | On Loan: No      |
| T/L SIZZLING PLAT 0% 07/02/32              | T/L SIZZLING PLATTER  LLC      REGD TERM LOAN 0.00000000                             | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   3001980 | PA      | $3001980.20   | 0.35%             | 2032-07-02      | Variable      | 2.50%                 | Yes           |                  3 | On Loan: No      |
| T/L SOLIDCORE TOPC 0% 11/04/30             | T/L SOLIDCORE TOPCO LLC 0.00000000                                                   | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   2000000 | PA      | $1980000.00   | 0.23%             | 2030-11-04      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L SUNSHINE CAD 0% 05/01/31               | T/L SUNSHINE CADENCE HOLDCO    LLC REGD 0.00000000                                   | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  11472353 | PA      | $11427610.98  | 1.35%             | 2031-05-01      | Variable      | 9.30%                 | Yes           |                  3 | On Loan: No      |
| T/L SUMMIT BUYER 0% 06/02/31               | T/L SUMMIT BUYER L.L.C. REGD 0.00000000                                              | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  12724728 | PA      | $12584756.00  | 1.48%             | 2031-06-02      | Variable      | 9.00%                 | Yes           |                  3 | On Loan: No      |
| T/L APEX SERVICE 0% 10/24/29               | T/L APEX SERVICE PARTNERS LLC 0.00000000                                             | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |    298647 | PA      | $298647.30    | 0.04%             | 2029-10-24      | Variable      | 0.66%                 | Yes           |                  3 | On Loan: No      |
| T/L PT INTERMEDIAT 0% 04/09/30             | T/L PT INTERMEDIATE HOLDINGS   III LLC 2024 DELAYED DRAW 0% 0.00000000               | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |    985930 | PA      | $984697.84    | 0.12%             | 2030-04-09      | Variable      | 1.00%                 | Yes           |                  3 | On Loan: No      |
| T/L US FITNESS 0% 09/04/30                 | T/L US FITNESS HOLDINGS LLC    REGD 0.00000000                                       | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |    732143 | PA      | $724821.43    | 0.09%             | 2030-09-04      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L VYBOND BUYER 0% 02/03/32               | T/L VYBOND BUYER LLC 0.00000000                                                      | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   1971378 | PA      | $1941807.82   | 0.23%             | 2032-02-03      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L APEX SERVICE 0% 10/24/30               | T/L APEX SERVICE PARTNERS LLC  0% 0.00000000                                         | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   3759534 | PA      | $3730209.00   | 0.44%             | 2030-10-24      | Variable      | 9.20%                 | Yes           |                  3 | On Loan: No      |
| T/L FRAZIER & DE 0% 05/03/32               | T/L FRAZIER & DEETER ADVISORY  LLC REGD 0.00000000                                   | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  12975000 | PA      | $12845250.30  | 1.51%             | 2032-05-03      | Variable      | 1.00%                 | Yes           |                  3 | On Loan: No      |
| T/L PESTCO LLC 0% 08/06/2030               | T/L PESTCO LLC REGD 0.00000000                                                       | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   4295302 | PA      | $4273825.50   | 0.50%             | 2030-08-06      | Variable      | 0.75%                 | Yes           |                  3 | On Loan: No      |
| T/L ARCTIC HOLDC 0% 01/31/2031             | T/L ARCTIC HOLDCO LLC REGD 0.00000000                                                | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   2547771 | PA      | $2522211.57   | 0.30%             | 2031-01-31      | Variable      | 1.21%                 | Yes           |                  3 | On Loan: No      |
| T/L PESTCO LLC 0% 08/06/2030               | T/L PESTCO LLC REGD 0.00000000                                                       | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   1718121 | PA      | $1709530.21   | 0.20%             | 2030-08-06      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L WISDOM PURCH 0% 07/24/32               | T/L WISDOM PURCHASER LLC REGD 0.00000000                                             | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  18125000 | PA      | $18125000.00  | 2.14%             | 2032-07-24      | Variable      | 8.82%                 | Yes           |                  3 | On Loan: No      |
| T/L SOLIDCORE TOPC 0% 09/05/31             | T/L SOLIDCORE TOPCO LLC REGD 0.00000000                                              | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   1468723 | PA      | $1454036.17   | 0.17%             | 2031-09-05      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L SOLIDCORE 0% 11/04/30                  | T/L SOLIDCORE TOPCO LLC REGD 0.00000000                                              | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   9950000 | PA      | $9753638.04   | 1.15%             | 2030-11-04      | Variable      | 10.07%                | Yes           |                  3 | On Loan: No      |
| T/L HARRIS & CO LL 0% 08/09/30             | T/L HARRIS & CO LLC REGD 0.00000000                                                  | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   1444756 | PA      | $1439338.40   | 0.17%             | 2030-08-09      | Variable      | 1.00%                 | Yes           |                  3 | On Loan: No      |
| T/L ONEZERO FIN 0% 10/07/2031              | T/L ONEZERO FINANCIAL SYSTEMS  LLC REGD 0.00000000                                   | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   1579064 | PA      | $1569153.24   | 0.18%             | 2031-10-07      | Variable      | 3.79%                 | Yes           |                  3 | On Loan: No      |
| T/L NS AND ASSOC 0% 08/06/30               | T/L NS AND ASSOCIATES LLC REGD 0.00000000                                            | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  44961538 | PA      | $44525711.88  | 5.25%             | 2030-08-06      | Variable      | 9.50%                 | Yes           |                  3 | On Loan: No      |
| T/L PRIORITY HOLDIN 0% 7/30/32             | T/L PRIORITY HOLDINGS LLC REGD 0.00000000                                            | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   4000000 | PA      | $3990193.28   | 0.47%             | 2032-07-30      | Variable      | 7.91%                 | Yes           |                  3 | On Loan: No      |
| T/L HARRIS & CO LL 0% 08/09/30             | T/L HARRIS & CO LLC REGD 0.00000000                                                  | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |    310522 | PA      | $308201.71    | 0.04%             | 2030-08-09      | Variable      | 2.02%                 | Yes           |                  3 | On Loan: No      |
| T/L ONEZERO FIN 0% 10/07/2031              | T/L ONEZERO FINANCIAL SYSTEMS  LLC REGD 0.00000000                                   | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   1129808 | PA      | $1118509.61   | 0.13%             | 2031-10-07      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L SUMMIT BUYER 0% 06/02/31               | T/L SUMMIT BUYER  L.L.C REGD 0.00000000                                              | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   7010870 | PA      | $6993342.83   | 0.82%             | 2031-06-02      | Variable      | 1.00%                 | Yes           |                  3 | On Loan: No      |
| T/L SOLIDCORE TOP 0% 09/05/31              | T/L SOLIDCORE TOPCO LLC 0.00000000                                                   | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   3831649 | PA      | $3756032.24   | 0.44%             | 2031-09-05      | Variable      | 9.90%                 | Yes           |                  3 | On Loan: No      |
| T/L MINDS BUYER LL 0% 05/03/29             | T/L MINDS BUYER LLC REGD 0.00000000                                                  | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   9408073 | PA      | $9350683.95   | 1.10%             | 2029-05-03      | Variable      | 9.00%                 | Yes           |                  3 | On Loan: No      |
| T/L MONARCH BUYER 0% 06/02/32              | T/L MONARCH BUYER INC.REGD 0.00000000                                                | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  12500000 | PA      | $12437500.00  | 1.47%             | 2032-06-02      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L TAU BUYER LLC 0% 02/02/32              | T/L TAU BUYER LLC REGD 0.00000000                                                    | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   6764706 | PA      | $6700440.97   | 0.79%             | 2032-02-02      | Variable      | 8.75%                 | Yes           |                  3 | On Loan: No      |
| T/L KLEINFELDER 0% 09/18/28                | T/L KLEINFELDER INTERMEDIATE   LLC REGD 0.00000000                                   | CUSIP: 49855KAC2<br>LEI: N/A | Long             | LON              | CORP              | US        |   2487150 | PA      | $2487150.19   | 0.29%             | 2028-09-18      | Variable      | 2.33%                 | Yes           |                  3 | On Loan: No      |
| T/L NS AND ASSOC 0% 08/06/30               | T/L NS AND ASSOCIATES LLC REGD 0.00000000                                            | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   4038462 | PA      | $3998076.92   | 0.47%             | 2030-08-06      | Variable      | 0.50%                 | Yes           |                  3 | On Loan: No      |
| T/L KAMC HOLDI 00.00% 08/01/31             | T/L KAMC HOLDINGS INC. 0% 0.00000000                                                 | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |   2003817 | PA      | $1973974.73   | 0.23%             | 2031-08-01      | Variable      | 2.80%                 | Yes           |                  3 | On Loan: No      |
| T/L SGA DENTAL PAR 0% 07/17/29             | T/L SGA DENTAL PARTNERS OPCO   LLC REGD 0.00000000                                   | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  11622188 | PA      | $11491271.96  | 1.35%             | 2029-07-17      | Variable      | 2.43%                 | Yes           |                  3 | On Loan: No      |
| T/L INNOVATIVE 0% 08/20/32                 | T/L INNOVATIVE SYSTEMS L.L.C.  REGD 0.00000000                                       | CUSIP: 45778SAC7<br>LEI: N/A | Long             | LON              | CORP              | US        |   8011364 | PA      | $7971306.82   | 0.94%             | 2032-08-20      | Variable      | 0.00%                 | Yes           |                  3 | On Loan: No      |
| T/L KNOWBE4 INC 0% 07/23/32                | T/L KNOWBE4 INC REGD 0.00000000                                                      | CUSIP: N/A<br>LEI: N/A       | Long             | LON              | CORP              | US        |  10000000 | PA      | $9975560.10   | 1.18%             | 2032-07-23      | Variable      | 8.07%                 | Yes           |                  3 | On Loan: No      |
| T/L ASSOCIATIONS 0% 07/02/28               | T/L ASSOCIATIONS INC REGD 0.00000000                                                 | CUSIP: BLM6ZKM41<br>LEI: N/A | Long             | LON              | CORP              | US        |   1012742 | PA      | $1011438.65   | 0.12%             | 2028-07-02      | Variable      | 4.20%                 | Yes           |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** Hamilton Lane

**Signature:** Kaylin Liu

**Name of Signer:** Kaylin Liu

**Title:** Treasurer