v3.25.1
Consolidated Statements of Assets and Liabilities - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets    
Investments at fair value $ 29,460,409 $ 26,378,894 [1],[2],[3],[4],[5]
Cash (restricted cash of $89,903 and $182,030, respectively) 533,686 1,003,117
Foreign cash (cost of $2,173 and $3,554, respectively) 2,125 3,366
Interest receivable 208,795 180,178
Receivable from controlled affiliates 9,800 16,299
Receivable for investments sold 104,451 473,053
Prepaid expenses and other assets 63,869 8,974
Total Assets 30,383,135 28,063,881
Liabilities    
Debt (net of unamortized debt issuance costs of $173,758 and $178,732, respectively) 12,615,717 12,681,822
Distribution payable 172,412 152,477
Payable for investments purchased 896,055 129,625
Payables to affiliates 74,409 73,430
Tender offer payable 203,955 193,203
Accrued expenses and other liabilities 150,995 311,722
Total Liabilities 14,113,543 13,542,279
Commitments and contingencies (Note 7)
Net Assets    
Additional paid-in-capital 16,077,001 14,191,257
Accumulated undistributed (overdistributed) earnings 175,424 315,152
Total Net Assets 16,269,592 14,521,602
Total Liabilities and Net Assets 30,383,135 28,063,881
Class S common stock    
Net Assets    
Common stock, value $ 5,703 $ 5,157
Net Asset Value Per Share (in usd per share) $ 9.46 $ 9.54
Class D common stock    
Net Assets    
Common stock, value $ 572 $ 511
Net Asset Value Per Share (in usd per share) $ 9.47 $ 9.55
Class I common stock    
Net Assets    
Common stock, value $ 10,892 $ 9,525
Net Asset Value Per Share (in usd per share) $ 9.49 $ 9.57
Non-controlled/non-affiliated portfolio company investments    
Assets    
Investments at fair value $ 28,510,177 $ 25,384,902
Non-controlled, affiliated investments    
Assets    
Investments at fair value 8,210 8,248
Controlled, affiliated investments    
Assets    
Investments at fair value $ 942,022 $ 985,744
[1] Certain portfolio company investments are subject to contractual restrictions on sales.
[2] Unless otherwise indicated, all investments are considered Level 3 investments.
[3] Unless otherwise indicated, all investments are non-controlled, non-affiliated investments. Non-controlled, non-affiliated investments are defined as investments in which the Company owns less than 5% of the portfolio company’s outstanding voting securities and does not have the power to exercise control over the management or policies of such portfolio company.
[4] Unless otherwise indicated, represents a co-investment made with the Company’s affiliates in accordance with the terms of exemptive relief that the Company received from the U.S. Securities and Exchange Commission. See Note 3 “Agreements and Related Party Transactions”.
[5] Unless otherwise indicated, the Company’s portfolio companies are pledged as collateral supporting the amounts outstanding under the Revolving Credit Facility, SPV Asset Facilities and CLOs. See Note 5 “Debt”.