Related Party Transactions (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of the Fees and Expenses Accrued

The following table describes the fees and expenses accrued under the investment advisory agreement and the administration agreement, as applicable, during the three months ended March 31, 2025 and 2024:


			Three Months Ended
Related Party			March 31,
	Source Agreement	Description		2025		2024
The Adviser	Investment advisory agreement	Base Management Fee(1)		$	52	$	55

The Adviser	Investment advisory agreement	Subordinated Incentive Fee on Income(2)		$	39	$	43
The Adviser	Administration agreement	Administrative Services Expenses(3)		$	3	$	3

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(1)During the three months ended March 31, 2025 and 2024, $53 and $56 in base management fees were paid to the Adviser. As of March 31, 2025, $52 in base management fees were payable to the Adviser.

(2)During the three months ended March 31, 2025 and 2024, $35 and $41, respectively, of subordinated incentive fees on income were paid to the Adviser. As of March 31, 2025, subordinated incentive fees on income of $39 were payable to the Adviser.

(3)During the three months ended March 31, 2025 and 2024, $2 and $3, respectively, of administrative services expenses related to the allocation of costs of administrative personnel for services rendered to the Company by the Adviser and the remainder related to other reimbursable expenses, including reimbursement of fees related to transactional expenses for prospective investments, such as fees and expenses associated with performing due diligence reviews of investments that do not close, often referred to as “broken deal” costs. Broken deal costs were $0.4 for the three months ended March 31, 2025. The Company paid $1 and $2, respectively, in administrative services expenses to the Adviser during the three months ended March 31, 2025 and 2024.