BDCNON-TRADED
TCW Direct Lending LLC
CIK 0001603480TCW
TCW Direct Lending LLC is a non-traded business development company advised by TCW. With $681 million in total assets, it is one of the smaller funds in the coverage universe. The portfolio is equity-oriented, with 67% in equity positions.
NAV/Share
$23.96
AUM
$680.8M
Positions
44
Strategy
Private Equity / Private Credit
Wtd. Avg. Coupon
10.2%
Wtd. Avg. Spread
9 bps
Wtd. Avg. Maturity
1.7 yrs
33% coverage
Top 10 Concentration
61.8%
Instrument type
Share of portfolio fair value
First Lien
33%
of fair value
First Lien Senior Loans33.3%
Equity66.7%
Maturity profile
Share of debt fair value by years to maturity.
Risk & Credit Indicators
PIK in Terms
18.9%