Private Credit Portfolio Analysis | Senior Credit Investments Reports Q1 2025 Results
- Editor
- May 14
- 2 min read
Whats New:
Senior Credit Investments, LLC reported its Q1 2025 financial results, showing significant growth in net income and total assets compared to Q1 2024. The fund's net income increased to $3.934 million for Q1 2025, up from $1.360 million in Q1 2024. Total assets, including cash and cash equivalents, grew to $15.640 billion as of March 31, 2025, compared to $8.860 billion at the end of 2024.
Portfolio Dynamics:
Total assets increased to $15.640 billion as of March 31, 2025, up from $8.860 billion at the end of 2024.
Cash and cash equivalents rose to $7.322 billion from $2.162 billion at the end of 2024.
Restricted cash increased to $8.318 billion from $6.698 billion at the end of 2024.
Investment Activity:
Payments for purchase of investments were $48.061 million in Q1 2025, compared to $11.131 million in Q1 2024.
Proceeds from disposition of investments were $11.345 million in Q1 2025, up from $227,000 in Q1 2024.
Realized investment gains were $188,000 in Q1 2025, compared to $0 in Q1 2024.
Capital Structure:
Proceeds from issuance of debt were $29.500 million in Q1 2025, compared to $37.408 million in Q1 2024.
Repayments of long-term debt were $9.579 million in Q1 2025, down from $35.400 million in Q1 2024.
Proceeds from issuance of common stock were $22.500 million in Q1 2025, compared to $0 in Q1 2024.
Performance Profile:
Net income increased to $3.934 million in Q1 2025, up from $1.360 million in Q1 2024.
Interest and dividend income paid in kind was $165,000 in Q1 2025, compared to $0 in Q1 2024.
Payments of dividends were $5.024 million in Q1 2025, compared to $0 in Q1 2024.
Risk & Quality:
Unrealized loss on investments increased to $737,000 in Q1 2025 from $172,000 in Q1 2024.
Financing costs paid and deferred were $444,000 in Q1 2025, up from $8,000 in Q1 2024.
Increase in payable for investment purchased was $1.756 million in Q1 2025, compared to $0 in Q1 2024.
The Wrap:
Senior Credit Investments demonstrated strong growth in Q1 2025, with significant increases in total assets, net income, and investment activity compared to Q1 2024. The fund's capital structure saw changes with new debt issuance and common stock offerings. While performance improved, the fund also faced increased unrealized losses on investments and higher financing costs, indicating potential risks in its portfolio.
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