DYNAMIC COMMUNITIES, LLC
How each BDC lender prices its exposure to this borrower, from the latest SEC Schedule-of-Investments filings.
Lenders
DYNAMIC COMMUNITIES, LLC is held by 2 BDC lenders in our parsed SEC filings: CSWC, MAIN.
Cross-lender loan pricing
Each row is one debt tranche at the BDC’s most recent filing that holds this borrower, widest spread first. Mark is the position’s fair value as a percent of par (100 = par). Spread is shown in basis points over the benchmark in the Rate column, normalized from each filing’s as-reported units — rows quoting different benchmarks are still not directly comparable. Compare like-for-like: a second-lien tranche, a different vintage, or an older filing should price wider even when the credit view is identical — check the Type and Filing columns before reading a gap as disagreement. Source: SEC EDGAR (public).
| BDC | Type | Rate | Cash spread (bps) | Mark (% of par) | Fair Value | Maturity | Filing |
|---|---|---|---|---|---|---|---|
| CSWC | 1L Sr Secured | SOFR | 900 | 95.0 | $5M | 2026-12-31 | 2026-08-03 |
| MAIN | 1L Sr Secured | SOFR | 900 | 98.8 | $2M | 2026-12-31 | 2026-08-07 |
| CSWC | 1L Sr Secured | PIK | 800 | 95.0 | $5M | 2026-12-31 | 2026-08-03 |
| MAIN | 1L Sr Secured | PIK | 800 | 100.0 | $3M | 2026-12-31 | 2026-08-07 |
Marks reflect each BDC’s own fair-value estimates as reported to the SEC, not traded prices. Private-credit loans are predominantly Level 3 under ASC 820 — valued from unobservable inputs and determined in good faith by each BDC’s board, so figures are estimates as of the filing date and are not directly comparable across managers. Informational only; not investment advice or a valuation.
Ownership & deal activity
Ownership and acquisition events compiled from public sources and audited against the linked source. Each event links to its source; “(reported)” marks a lower-confidence item. Verify anything material against the original source.
- minority investmentTZP Group and Capital Southwest invest in Dynamic Communities (private equity round)Dynamic Communities raised a private equity round from TZP Group (sponsor) and Capital Southwest Corporation (BDC co-investor), marking the company's first institutional PE ownership.
- lboDynamic Communities / Dynamics 365 User Group buyout (reported)PitchBook records Dynamic Communities' most recent deal as a Buyout/LBO involving the Dynamics 365 User Group entity, dated January 8, 2019, consistent with TZP Group's initial platform investment.
- acquisitionDynamic Communities acquires eXtreme, LLCDynamic Communities acquired eXtreme, LLC, a Fargo, ND-based organization hosting the eXtreme365 events for the Microsoft Business Applications partner community, to expand its global event and education portfolio.
Headlines mentioning DYNAMIC COMMUNITIES, LLC
Public headlines that name DYNAMIC COMMUNITIES, LLC, matched by company name and shown most-recent first. A mention is not an endorsement, a rating, or investment advice — verify anything material against the original source. Source: Google News.
Reading this table
When two business development companies lend to the same borrower, comparing how each marks the loan is a starting question, not a verdict. In plain English: a wider spread (e.g. S+575 vs S+525) or a lower mark (e.g. 96 vs 100 cents on the dollar) can mean that lender is pricing in more risk — but marks can also differ for reasons other than a credit view: a different tranche (second lien should price wider than first lien on the same company), a different vintage or entry point, an older filing date, or each manager’s own fair-value methodology. Compare like-for-like — check the Type and Filing columns before reading a gap as disagreement. Each row is one debt position at one BDC’s most recent filing. Source: SEC EDGAR Schedule of Investments (public).
Want to read these numbers like an analyst? Free Oxford Ledge lessons: reading a BDC’s Schedule of Investments, key credit metrics, and the Five Cs of credit analysis.