TCAP Q2 2025 portfolio: 0.2% non-accrual, 2.3x interest coverage, 1.0x leverage

TPG Twin Brook Capital Income Fund

100% first lien senior secured debt portfolio; average issuer EBITDA $17.9M.
Non-accrual rate 0.2% at cost; PIK interest 1.2% of investment income.
Interest coverage ratio 2.3x; loan-to-value 40%; debt-to-equity 1.0x.
Q2 excess total return vs leveraged loans index of 60 bps; 1-year excess 340 bps.
~97% of portfolio low/moderately impacted by tariffs; Q2 new loans $405M committed, $216M raised.

item 7.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.