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 97% in first-lien senior secured loans and 96% in floating-rate debt by fair value, 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%

PIK in Terms

8.8%

Instrument type

Share of portfolio fair value

First Lien

97%

of fair value

First Lien97.0%

Second Lien0.3%

Unsecured0.1%

Equity2.5%

Industry exposure

Share of holdings fair value

Top 5

94%

of holdings

Industrials20.9%

Information Technology19.6%

Financials12.5%

Health Care7.0%

Other1.4%

Consumer Discretionary1.1%

Communication Services0.9%

Energy0.9%

Materials0.7%

Utilities0.7%

Consumer Staples0.1%

Unknown34.3%

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.