v3.25.1
Consolidated Statements of Assets and Liabilities - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets    
Non-controlled/non-affiliated investments at fair value (amortized cost $922,170 and $665,676, respectively) $ 922,418 $ 666,141
Cash and cash equivalents 62,099 12,923
Interest and other income receivable from non-controlled/non-affiliated investments 6,837 3,509
Deferred financing costs 5,754 4,891
Prepaid assets 436 468
Subscriptions receivable 0 55
Total Assets 997,544 687,987
Liabilities    
Debt 519,630 328,390
Interest payable 4,431 3,667
Management fees payable 1,489 1,107
Other liabilities and accrued expenses 1,188 846
Investment income incentive fees payable 1,003 733
Accrued administrative services expense payable 646 516
Payable for securities purchased 103 0
Capital gains incentive fees payable 25 47
Expense reimbursement payable 0 558
Total Liabilities 528,515 335,864
Commitments and contingencies (Note 7)
Net Assets    
Common stock, $0.001 par value (1,000,000,000 shares authorized, 18,557,565 and 13,909,942 shares issued and outstanding, respectively) 19 14
Additional paid-in capital 464,481 347,648
Distributable earnings (loss) 4,529 4,461
Total Net Assets 469,029 352,123
Total Liabilities and Net Assets $ 997,544 $ 687,987
Net asset value per share $ 25.27 $ 25.31