Private company

CCS IX Portfolio Holdings, LLC

In its 2026 annual report the company says: “We are a Delaware limited liability company formed on March 12, 2024. We are structured as an externally managed specialty finance company focused on lending to middle market companies. Our investment objective is to provide unitholders with current income and long-term capital appreciation through investments in securities related to the financing of leveraged buyouts, acquisitions, refinancings, recapitalizations and later-stage growth capital opportunities.”4 It is headquartered in Los Angeles, California.1

Last updated Oct 20, 2026.

Overview

  • HeadquartersLos Angeles, California1
  • Incorporated inDE2
  • Business address11100 Santa Monica Blvd, Ste 2000, Los Angeles, Ca 900252
  • Filer categoryNon-accelerated filer, Emerging growth company2

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We are a Delaware limited liability company formed on March 12, 2024. We are structured as an externally managed specialty finance company focused on lending to middle market companies. We elected to be regulated as a BDC under the 1940 Act on December 31, 2024. In addition, we intend to elect to be treated for U.S. federal income tax purposes as a RIC under Subchapter M of the Code.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Fiscal year202420252026
Operating expenses$10.8M5
Net income$23.8M5
Earnings per share$1,879,100.005
Earnings per share (diluted)$1,879,100.005
Shares (weighted, basic)10 shares5
Shares (weighted, diluted)10 shares5

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Corporate structure

CCS IX Portfolio Holdings, LLC sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • CCS IX Portfolio Holdings, LLC Los Angeles, California
    • CCS IX SPV, LLC Subsidiary · Delaware, United States
    • CCS IX Universal Equity LLC Subsidiary · Delaware, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What CCS IX Portfolio Holdings, LLC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$21.7M5 Dec 31, 2025$10.0K5 Dec 31, 2024+216740.0%

Properties, in its own words

We maintain our principal executive office at 11100 Santa Monica Boulevard, Suite 2000, Los Angeles, California 90025. We do not own any real estate or other physical properties materially important to our operations.

Item 2 of the 10-K filed Mar 6, 2026.4

Leadership

Who has led CCS IX Portfolio Holdings, LLC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Raymond Barrios2025–2026
  2. Eric R. Hall2026–now

Chief financial officer

  1. Justin Vandenberg2025–now
Board members and other officers (6)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • CCS IX SPV, LLC Delaware3
  • CCS IX Universal Equity LLC Delaware3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Aug 18, 2026New chief executive Eric R. Hall becomes CEO8
  2. Aug 14, 20268-K Executive or director change15
  3. Dec 19, 20258-K Other events16
  4. May 27, 20258-K Entered a material agreement; New debt or obligation17
  5. Apr 1, 2025New chief executive Raymond Barrios becomes CEO9
  6. Mar 25, 20258-K Entered a material agreement; Ended a material agreement; New debt or obligation18

Filings

28 filings to the SEC since October 2021: 1 annual reports, 5 quarterly reports, 4 major events, 10 insider forms, 8 other. The latest 20:

  1. Aug 18, 20263 EDGAR
  2. Aug 14, 202610-Q EDGAR
  3. Aug 14, 20268-K EDGAR
  4. May 15, 202610-Q EDGAR
  5. Mar 6, 202610-K EDGAR
  6. Feb 27, 202640-17G EDGAR
  7. Dec 19, 20258-K EDGAR
  8. Nov 14, 202510-Q EDGAR
  9. Aug 14, 202510-Q EDGAR
  10. May 27, 20258-K EDGAR
  11. May 15, 202510-Q EDGAR
  12. Apr 2, 20253 EDGAR
  13. Apr 1, 20253 EDGAR
  14. Apr 1, 20253 EDGAR
  15. Apr 1, 20253 EDGAR
  16. Apr 1, 20253 EDGAR
  17. Apr 1, 20253 EDGAR
  18. Apr 1, 20253 EDGAR
  19. Apr 1, 20253 EDGAR
  20. Apr 1, 20253 EDGAR

The 28 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How CCS IX Portfolio Holdings, LLC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCCS IX Portfolio Holdings, LLC1
  • CIK0002017636
  • Employer ID (EIN)99-24418324
  • Filer statusNon-accelerated filer an emerging growth company; not a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Business address11100 Santa Monica Blvd, Ste 2000, Los Angeles, CA 900251
  • Phone31023559711
  • Shares outstanding10 as of Aug 14, 20267
  • Public float$0 as of Dec 31, 20255
  • AuditorErnst & Young LLP, Los Angeles, California PCAOB ID 424
  • On EDGAR sinceAug 9, 20241
  • Filings33 in all: 3 (10), 10-Q (5), 8-K (4), 40-APP/A (3), 40-17G (2), 40-APP (2), CORRESP (2), 10-12G (1)1
    All 12 form types

    10-12G/A (1), 10-K (1), N-54A (1), UPLOAD (1)

  • Latest filingsAnnual report (10-K) Mar 6, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Latest 8-K (8-K) Aug 14, 2026

Risk factors and legal proceedings

The risks CCS IX Portfolio Holdings, LLC names in Item 1A of its 10-K filed Mar 6, 2026: 62 risks under these headings, as written.4

  • Risks Relating to Our Business and Structure
  • We have a limited operating history.
  • Our Board may change our investment objectives, operating policies and strategies without prior notice or unitholder approval.
  • We and the Adviser are subject to regulations and SEC oversight. If we or the Adviser fail to comply with applicable requirements, it may adversely impact our results relative to companies that are not subject to such regulations.
  • Changes in interest rates may adversely affect the value of our portfolio investments which could have an adverse effect on our business, financial condition and results of operations.
  • We are dependent upon key personnel of Crescent.
  • We may not replicate the historical performance achieved by Crescent.
  • We depend on Crescent to manage our business effectively.
  • The Adviser, the investment committee of the Company, and the Adviser’s affiliates, officers, directors and employees may face certain conflicts of interest.
  • Conflicts may arise related to other arrangements with Crescent and our investment adviser and other affiliates.
  • Crescent’s principals and employees, or its affiliates may, from time to time, possess material non-public information, limiting our investment discretion.
  • The Adviser has limited liability and is entitled to indemnification under the Investment Advisory and Management Agreement.
The other 51 risks
  • Our ability to enter into transactions with our affiliates is restricted.
  • Conflicts of interest may be created by the valuation process for certain portfolio holdings.
  • Our Common Units are illiquid investments for which there is not a secondary market.
  • We operate in an increasingly competitive market for investment opportunities, which could make it difficult for us to identify and make investments that are consistent with our investment objectives.
  • Our failure to make follow-on investments in our portfolio companies could impair the value of our portfolio.
  • Regulations governing our operation as a BDC affect our ability to, and the way in which we may, raise additional capital.
  • We will be subject to corporate level income tax if we are unable to qualify as a RIC.
  • We may have difficulty paying our required distributions if we recognize income before, or without, receiving cash representing such income.
  • Our investments in OID and PIK interest income may expose us to risks associated with such income being required to be included in accounting income and taxable income prior to receipt of cash.
  • Our business could be adversely affected in the event we default under our existing credit facility or any future credit or other borrowing facility.
  • We are subject to a 150% asset coverage requirement.
  • We are and may be subject to restrictions under our credit facility and any future credit or other borrowing facility that could adversely impact our business.
  • In addition to regulatory or existing credit facility requirements that restrict our ability to raise capital, any future debt facilities may contain various covenants that, if not complied with, could accelerate repayment under such debt facilities, thereby materially and adversely affecting our liquidity, financial condition and results of operations.
  • We intend to finance our investments with borrowed money, which magnifies the potential for gain or loss on amounts invested and increase the risk of investing in us. The risks of investment in a highly leveraged fund include volatility and possible distribution restrictions.
  • Investors in our Common Units may not receive dividends, or our dividends may not grow over time.
  • The majority of our portfolio investments are recorded at fair value as determined in good faith by the Adviser as Valuation Designee subject to the oversight of our Board and, as a result, there may be uncertainty as to the value of our portfolio investments.
  • Legislative or other actions relating to taxes could have a negative effect on us.
  • Changes to United States tariff and import/export regulations may have a negative effect on our portfolio companies and, in turn, harm us.
  • The lack of liquidity in our investments may adversely affect our business.
  • Our Adviser and Administrator each have the ability to resign on 120 days’ and 60 days’ notice, respectively, and we may not be able to find a suitable replacement within that time, resulting in a disruption in operations that could adversely affect our financial condition, business and results of operations.
  • We may not be able to obtain all required state licenses.
  • We are exposed to risks associated with changes in interest rates.
  • We may be the target of litigation.
  • Risks Relating to Our Investments
  • Price declines and illiquidity in the corporate debt markets may adversely affect the fair value of our portfolio investments, reducing NAV through increased net unrealized depreciation.
  • Our portfolio companies may be unable to repay or refinance outstanding principal on their loans at or prior to maturity, and rising interests rates may make it more difficult for portfolio companies to make periodic payments on their loans.
  • Inflation may adversely affect the business, results of operations and financial condition of our portfolio companies.
  • We typically invest in middle-market companies, which involves higher risk than investments in large companies.
  • Our investments may be risky and we could lose all or part of our investment.
  • Investments in equity securities, many of which are illiquid with no readily available market, involve a substantial degree of risk.
  • We may be subject to risks associated with syndicated loans.
  • The disposition of our investments may result in contingent liabilities.
  • Our subordinated investments may be subject to greater risk than investments that are not similarly subordinated.
  • There may be circumstances in which our debt investments could be subordinated to claims of other creditors or we could be subject to lender liability claims.
  • We may hold the debt securities of leveraged companies.
  • Our portfolio companies may incur debt or issue equity securities that rank equally with, or senior to, our investments in such companies.
  • When we are a debt or minority equity investor in a portfolio company, we are often not in a position to exert influence on the entity, and other equity holders and management of the company may make decisions that could decrease the value of our investment in such portfolio company.
  • Our portfolio companies may be highly leveraged.
  • Our investments in foreign companies may involve significant risks in addition to the risks inherent in U.S. investments.
  • The due diligence process that the Adviser undertakes in connection with our investments may not reveal all the facts that may be relevant in connection with an investment.
  • We may be subject to additional risks from investing in non-U.S. securities.
  • We may not realize anticipated gains on the equity interests in which we invest.
  • Changes in healthcare laws and other regulations applicable to some of our portfolio companies businesses may constrain their ability to offer their products and services.
  • Our investments in the consumer products and services sector are subject to various risks including cyclical risks associated with the overall economy.
  • Our investments in technology companies are subject to many risks, including volatility, intense competition, shortened product life cycles, litigation risk and periodic downturn.
  • The effect of global climate change may impact the operations of our portfolio companies.
  • General Risk Factors
  • Economic recessions or downturns could impair our portfolio companies, and defaults by our portfolio companies will harm our operating results.
  • We are dependent on information systems and systems failures could significantly disrupt our business, which may, in turn, negatively affect our liquidity, financial condition or results of operations.
  • Cybersecurity risks and cyber incidents may adversely affect our business by causing a disruption to our operations, a compromise or corruption of our confidential information and/or damage to our business relationships.
  • We will face costs associated with our reporting obligations.
  • New or modified laws or regulations governing our operations may adversely affect our business.
  • We are subject to risks associated with artificial intelligence and machine learning technology.

Legal proceedings

We are not currently subject to any material legal proceedings, nor, to our knowledge, are any material legal proceedings threatened against us. We may be a party to certain lawsuits in the normal course of business, including proceedings relating to the enforcement of our rights under loans to or other contracts with our portfolio companies. Furthermore, third parties may try to seek to impose liability on us in connection with our activities or the activities of our portfolio companies. Regardless of the outcome, litigation can have an adverse impact on us because of defense and settlement costs, diversion of management resources, and other factors.

The opening of Item 3, Legal Proceedings.4

Sources

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    SEC EDGAROther events
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