New Mountain Guardian III BDC, L.L.C. [Rocket]

Date	Name	Title	Type	Security	Shares	Price	Value	Ownership	Reported
03/10/2022	New Mountain Guardian Investments III, L.L.C.	10% Owner	Purchase	LLC Interests	5.6M	$10.00	$56.2M		12/18/2020
12/01/2021	New Mountain Guardian Investments III, L.L.C.	10% Owner	Purchase	LLC Interests	5.6M	$10.00	$56.2M		12/18/2020
10/11/2021	New Mountain Guardian Investments III, L.L.C.	10% Owner	Purchase	LLC Interests	7.6M	$10.00	$75.7M		12/18/2020
03/31/2021	Cliffwater Corporate Lending Fund	10% Owner	Other (acquisition)	UNITS	6M	$0.00	$0	See Footnote	03/31/2021
03/31/2021	Cliffwater Corporate Lending Fund	10% Owner	Other (disposition)	UNITS	6M	$0.00	$0		03/31/2021
12/18/2020	New Mountain Guardian Investments III, L.L.C.	10% Owner	Purchase	LLC Interests	4.5M	$10.00	$45M		12/18/2020
05/05/2020	Teachers' Retirement Allowances Fund		Purchase	Units of LLC Interests	800k	$10.00	$8M		05/05/2020
05/05/2020	GHL Investments Ltd	10% Owner	Purchase	Units of LLC Interest	1.4M	$10.00	$14M		05/05/2020
05/05/2020	New Mountain Guardian Investments III, L.L.C.	10% Owner	Grant	LLC Interests	1.6M	$10.00	$15.9M		05/05/2020