Stone Point Capital Credit LLC

CIK 0001825384Stone Point

Stone Point Capital Credit LLC is a non-traded business development company advised by Stone Point. With $3.0 billion in total assets, it is a mid-sized fund in the coverage universe. The portfolio is concentrated in direct lending, with 91% in first-lien senior secured loans and 94% floating-rate, at a weighted-average spread of 510 bps over the base rate. Its largest sector exposure is Financials (24% of holdings).

NAV/Share

$19.83

AUM

$3.0B

Positions

342

Strategy

Private Credit

Wtd. Avg. Coupon

8.9%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

4.4 yrs

98% coverage

Top 10 Concentration

17.0%

Instrument type

Share of portfolio fair value

First Lien

89%

of fair value

First Lien Senior Loans89.1%

Second Lien Loans4.7%

Unsecured Loans4.5%

Structured Credit0.2%

Equity1.2%

Fund Vehicles0.2%

Industry exposure

Share of holdings fair value

Top 5

95%

of holdings

Financials23.7%

Information Technology14.8%

Industrials12.1%

Health Care10.2%

Other2.7%

Communication Services1.1%

Real Estate0.9%

Unknown34.5%

Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.

Risk & Credit Indicators

PIK in Terms

5.9%