NC SLF Inc. seeks current income and capital appreciation by originating and buying first lien and unitranche loans (excluding last-out positions) to private equity-owned U.S. middle market companies with about $10 million to $200 million of EBITDA. The Fund aims to hold no more than 2% of commitments plus target leverage in any one borrower and may not invest 25% or more in one industry. At June 30, 2026 it held first lien loans to 115 companies across 37 industries, 100% floating rate, with borrowings capped by the 1940 Act's 300% asset coverage test.