Every 10-Q that BCP Investment Corporation (BCIC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BCIC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BCIC filings page.
BCIC lists a broad portfolio of non-control, non-affiliate and affiliated investments across debt and equity. Positions include first lien and second lien senior secured loans, subordinated debt, preferred stock and units, common equity, warrants, derivatives and interests in joint ventures.
Many loans are floating-rate obligations tied to SOFR plus stated spreads, with cash or PIK interest such as 9.64%, 10.48%, 13.73% and 15.00%. Examples span health care providers like VBC Spine Opco LLC and American Academy Holdings, software issuers including Ivanti Software and Morae Global, and financial services names such as Advantage Capital Holdings and Payarc.
The portfolio also holds collateralized loan obligations, including Catamaran CLO 2014-1 Ltd, Catamaran CLO 2018-1 Ltd and multiple tranches of JNTR 2026-1 LLC, as well as joint ventures such as KCAP Freedom 3 LLC and Great Lakes Funding II LLC. Reported maturities extend into 2049, indicating long-dated, interest-bearing investments.
BCIC’s quarterly report details a highly diversified investment portfolio spanning non-control, affiliated and controlled holdings. The company primarily invests in first lien and second lien senior secured loans, subordinated debt, preferred units, common equity and warrants across many industries, including health care, software, consumer, industrials, media and financial services.
Most debt positions are floating-rate, referencing SOFR plus contractual spreads, with stated cash and PIK interest rates often in the high single to mid-teens. Maturities are laddered mainly between 2025 and 2032 and include term loans and revolving credit facilities, as well as interests in collateralized loan obligations and joint ventures.
BCP Investment Corporation, formerly Portman Ridge Finance Corporation, filed its Quarterly Report on Form 10-Q as a business development company listed on the NASDAQ Global Select Market under the symbol BCIC. The report covers the period ended September 30, 2025 and includes full consolidated financial statements and detailed schedules of investments.
The company holds a large, diversified portfolio of primarily first lien and second lien senior secured debt, subordinated debt, preferred equity, common equity and warrants across sectors such as healthcare, high tech, consumer goods, energy, media, finance and services. Many loans reference SOFR plus substantial spreads, often with paid-in-kind (PIK) components, and maturities that extend into the late 2020s and early 2030s.
BCP highlights typical BDC risks, including credit performance of portfolio companies, valuation of illiquid investments, interest rate sensitivity and liquidity. The filing also notes the expected benefits and integration risks related to the merger of Logan Ridge Finance Corporation into BCP Investment Corporation under a previously signed merger agreement.