MSC Income Fund Reports $74 Million in New Private Loan Commitments

The capital allocations focused on three primary sectors, including a national custom power systems provider, a mechanical, electrical, and plumbing services firm, and a structural restoration specialist. The latter transaction included both secured debt and a $1 million equity stake. By the close of the quarter on June 30, the Fund’s private loan portfolio reached a total cost basis of approximately $856.3 million. First lien senior secured debt remains the core of the strategy, accounting for 92.4% of the portfolio, while equity and other securities comprise the remaining 7.6%. The Fund, which operates under the guidance of MSC Adviser I, targets companies with annual revenues typically ranging from $25 million to $500 million, often partnering with private equity sponsors to support leveraged buyouts and growth capital initiatives.