North Haven Private Income Fund LLC

CIK 0001851322

North Haven Private Income Fund LLC is a non-traded business development company. With $7.0 billion in total assets, it is a mid-sized fund in the coverage universe. The portfolio is concentrated in direct lending, with 100% in first-lien senior secured loans and 99% floating-rate, at a weighted-average spread of 498 bps over the base rate. Its largest sector exposure is Industrials (21% of holdings).

NAV/Share

$18.57

AUM

$7.0B

Positions

799

Strategy

Private Credit

Wtd. Avg. Coupon

8.7%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

4.0 yrs

97% coverage

Top 10 Concentration

12.3%

Instrument type

Share of portfolio fair value

First Lien

97%

of fair value

First Lien Senior Loans97.0%

Second Lien Loans0.3%

Unsecured Loans0.1%

Equity2.5%

Industry exposure

Share of holdings fair value

Top 5

95%

of holdings

Industrials20.9%

Information Technology17.7%

Financials12.5%

Health Care6.8%

Other1.2%

Consumer Discretionary1.1%

Communication Services0.9%

Energy0.7%

Materials0.7%

Utilities0.7%

Consumer Staples0.1%

Unknown36.8%

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

8.8%