Lido Advisors, LLC
1 BDC lends $1M to Lido Advisors, LLC at SOFR + 500 bps.
How each BDC lender prices its exposure to this borrower, from the latest SEC Schedule-of-Investments filings.
Figures as of the period ended 2026-09-30; filed 2026-11-05.
Lenders
Lido Advisors, LLC is held by 1 BDC lender in our parsed SEC filings: FSK.
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 per 100 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 Seniority and As of columns before reading a gap as disagreement. Source: SEC EDGAR (public). Lenders whose newest filing no longer names this borrower are listed separately under “Exited” below.
Marks are per 100 of par, current lenders only. Rows tagged “unfunded” or “n/m, not a price” are listed but left out of every average, range and comparison; a mark tagged “above 105, as filed” is shown but left out too.
| BDC | Seniority | Rate | Cash spread (bps) | Mark | Fair value | Maturity | As of |
|---|---|---|---|---|---|---|---|
| FSK | First lien | SOFR | 500 | n/m, not a price | $1M | May 2032 | 2026-09-30filed 2026-11-05 |
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 under the oversight of each BDC’s board (often by the adviser as valuation designee), so figures are estimates as of the period end each filing reports, not its filing date, and are not directly comparable across managers. Informational only; not investment advice or a valuation.
Equity and other positions
Current positions that are not funded debt (equity, preferred, units, and debt lines filed with no principal, such as a commitment not yet drawn) — counted among the BDCs that hold this borrower, but they carry no loan spread, so they sit outside the pricing table. Source: SEC EDGAR (public).
| BDC | Seniority | Fair value | As of |
|---|---|---|---|
| FSK | Equity Equity | $6M | 2026-09-30filed 2026-11-05 |
| FSK | Equity Equity | $6M | 2026-09-30filed 2026-11-05 |
| FSK | First lien First Lien Senior Secured Loan | $0 unpriced | 2026-09-30filed 2026-11-05 |
Exited
Exited or inactive lenders: last-filed positions, not current. Excluded from every count and figure above.
| BDC | Status | Positions | Last-filed fair value |
|---|---|---|---|
| ARCC | Exited (last filed 2026-02-04) | 6 | $34M |
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. SOFR + 575 vs SOFR + 525 bps) 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 Seniority and As of 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).
Terms in this table: SOFR (the floating benchmark most of these loans pay over); spread in basis points (bps; 100 bps is one percentage point); first lien and second lien; PIK (interest paid in more debt instead of cash); non-accrual; par (the face amount owed); and Level 3 fair value (a manager’s own estimate, not a market price). Also: mark (fair value per 100 of par, the lender's own estimate); seniority (where a position ranks for repayment); unfunded commitment (money promised but not yet drawn); basis point (one hundredth of a percentage point).
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.
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Other borrowers
Same industry: Financial Services
Borrowers held by two or more BDCs under the same industry label, most holders first.
Holder counts here are the borrower index’s. Or see the borrowers held most widely across BDCs.