Public, non-traded

TWNBDC — 26North BDC Inc

26North BDC Inc is a business development company managed by 26North Partners. Strategy: middle-market credit.

Research

Continue researching TWNBDC

Open TWNBDC's portfolio in the Market Monitor The Market Monitor scoped to TWNBDC: positions, spread surface, rich/cheap and credit health for this one portfolio. Signed-in workspace.
Research the credits it holds The portfolio table below: each credit links to its company page, with every other holder of that credit.

What SpreadVista tracks for TWNBDC

•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 TWNBDC's own iXBRL tags and tracked quarter-over-quarter. A mark needs a par basis to exist, and TWNBDC reports one on 60.7% of the positions we serve; the rest (equity stakes, warrants, untagged principal) are shown without one rather than estimated.
•Top issuers by fair value. TWNBDC's concentration profile — the largest 10/25/50 exposures with mark and maturity context.
•Spread surface vs comparable BDCs. Where TWNBDC's positions sit on the credit-spread surface relative to peer-group BDCs holding similar credits, across the 97.1% 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 TWNBDC — a contagion-risk view incumbents charge $20K–200K per seat for.

What we can't show for TWNBDC

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 TWNBDC or something we could not tie to any individual position — the note says which. We leave them blank rather than infer them:

•Non-accrual status. We haven't tied a non-accrual disclosure to any individual TWNBDC position, so this page doesn't show a non-accrual view. That is not a finding that TWNBDC has none — a filer can disclose non-accruals in prose, or as a portfolio-level total our footnote reader can't attribute to a row. The positions we serve are shown as filed, with accrual status left unknown.
•NAV per share. We have no NAV-per-share observation for TWNBDC. Non-traded BDCs report NAV outside the tagged Schedule of Investments, so it doesn't reach us through the same pipeline as the positions.

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Free to research. Every TWNBDC 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 TWNBDC

Ticker: TWNBDC
Legal name: 26North BDC Inc
Manager / Advisor: 26North Partners
Category: Public, non-traded
Strategy: Middle-market credit
Fiscal year end: 12-31
SEC CIK: 1950976 (Primary filings) (opens in new tab)

Related concepts

Plain-English explanations of the concepts behind BDC analysis:

Continue researching TWNBDC

Open TWNBDC's portfolio in the Market Monitor The Market Monitor scoped to TWNBDC: positions, spread surface, rich/cheap and credit health for this one portfolio. Signed-in workspace.

Research the credits it holds The portfolio table below: each credit links to its company page, with every other holder of that credit.

What SpreadVista tracks for TWNBDC

•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 TWNBDC's own iXBRL tags and tracked quarter-over-quarter. A mark needs a par basis to exist, and TWNBDC reports one on 60.7% of the positions we serve; the rest (equity stakes, warrants, untagged principal) are shown without one rather than estimated.

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

•Spread surface vs comparable BDCs. Where TWNBDC's positions sit on the credit-spread surface relative to peer-group BDCs holding similar credits, across the 97.1% 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 TWNBDC — a contagion-risk view incumbents charge $20K–200K per seat for.

What we can't show for TWNBDC

•Non-accrual status. We haven't tied a non-accrual disclosure to any individual TWNBDC position, so this page doesn't show a non-accrual view. That is not a finding that TWNBDC has none — a filer can disclose non-accruals in prose, or as a portfolio-level total our footnote reader can't attribute to a row. The positions we serve are shown as filed, with accrual status left unknown.

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