Private, non-traded

NHPIF — North Haven Private Income Fund

North Haven Private Income Fund is a business development company managed by Morgan Stanley IM. Strategy: first lien and preferred equity.

What SpreadVista tracks for NHPIF

•Marks-to-par across the portfolio. Fair value as a fraction of par cost — the canonical health signal for a private-credit position — read from NHPIF's own iXBRL tags and tracked quarter-over-quarter. A mark needs a par basis to exist, and NHPIF reports one on 57.1% of the positions we serve; the rest (equity stakes, warrants, untagged principal) are shown without one rather than estimated.
•Non-accrual positions. The NHPIF positions we tied to a non-accrual disclosure in the filer's own footnotes, and the dollar exposure behind them. A position is flagged only where the filing says so — every other position is carried as unknown, never as performing — so read this as a floor on NHPIF's non-accruals, not a complete list.
•Top issuers by fair value. NHPIF's concentration profile — the largest 10/25/50 exposures with mark and maturity context.
•Spread surface vs comparable BDCs. Where NHPIF's positions sit on the credit-spread surface relative to peer-group BDCs holding similar credits, across the 72% of its positions that carry a tagged spread over a reference rate.
•Cross-vehicle issuer exposure. Which other BDCs and interval funds hold the same credits as NHPIF — a contagion-risk view incumbents charge $20K–200K per seat for.

What we can't show for NHPIF

SpreadVista only serves what the filer machine-tagged, and only computes a metric where there is enough of it to stand behind. Each item below is either under that bar for NHPIF or something we could not tie to any individual position — the note says which. We leave them blank rather than infer them:

•NAV per share. We have no NAV-per-share observation for NHPIF. Non-traded BDCs report NAV outside the tagged Schedule of Investments, so it doesn't reach us through the same pipeline as the positions.

See NHPIF's full analytics

Free to research. Every NHPIF position we serve, every cross-vehicle overlap — sourced directly from primary regulatory disclosures, with the methodology and the coverage gaps shown on every chart.

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About NHPIF

Ticker: NHPIF
Legal name: North Haven Private Income Fund
Manager / Advisor: Morgan Stanley IM
Category: Private, non-traded
Strategy: First lien and preferred equity
Fiscal year end: 12-31
SEC CIK: 1851322 (Primary filings) (opens in new tab)

Related concepts

Plain-English explanations of the concepts behind BDC analysis:

What SpreadVista tracks for NHPIF

•Marks-to-par across the portfolio. Fair value as a fraction of par cost — the canonical health signal for a private-credit position — read from NHPIF's own iXBRL tags and tracked quarter-over-quarter. A mark needs a par basis to exist, and NHPIF reports one on 57.1% of the positions we serve; the rest (equity stakes, warrants, untagged principal) are shown without one rather than estimated.

•Non-accrual positions. The NHPIF positions we tied to a non-accrual disclosure in the filer's own footnotes, and the dollar exposure behind them. A position is flagged only where the filing says so — every other position is carried as unknown, never as performing — so read this as a floor on NHPIF's non-accruals, not a complete list.

•Top issuers by fair value. NHPIF's concentration profile — the largest 10/25/50 exposures with mark and maturity context.

•Spread surface vs comparable BDCs. Where NHPIF's positions sit on the credit-spread surface relative to peer-group BDCs holding similar credits, across the 72% of its positions that carry a tagged spread over a reference rate.

•Cross-vehicle issuer exposure. Which other BDCs and interval funds hold the same credits as NHPIF — a contagion-risk view incumbents charge $20K–200K per seat for.

What we can't show for NHPIF

•NAV per share. We have no NAV-per-share observation for NHPIF. Non-traded BDCs report NAV outside the tagged Schedule of Investments, so it doesn't reach us through the same pipeline as the positions.