
	For the Six Months Ended June 30,
($ in thousands, except share and per share amounts)	2025			2024
Per share data:
Net asset value, beginning of period	$	17.09		$	17.03
Net investment income (loss)(1)	0.74			0.93
Net realized and unrealized gain (loss)(1)	0.06			(0.46)
Total from operations	0.80			0.47
Issuance of common shares in connection with the Mergers(2)	(0.03)			—
Distributions declared from net investment income	(0.69)			(0.76)
Total increase (decrease) in net assets	0.08			(0.29)
Net asset value, end of period	$	17.17		$	16.74
Shares outstanding, end of period	465,126,583			209,654,978
Per share market value at end of period	$	15.25		N/A
Total Return, based on net market value(3)	(9.1)		%	N/A
Total Return, based on net asset value(4)	4.8		%	2.8		%
Ratios / Supplemental Data

Ratio of total expenses to average net assets(5)(6)	7.6		%	8.6		%
Ratio of net investment income to average net assets(5)	8.0		%	11.0		%
Net assets, end of period	$	7,985,418		$	3,510,357
Weighted-average shares outstanding	350,872,326			208,572,273
Total capital commitments, end of period	N/A			$	3,134,815
Ratio of total contributed capital to total committed capital, end of period	N/A			100.0		%
Portfolio turnover rate	10.8		%	15.8		%
Year of formation	2018			2018

(2)The amount shown at this caption is the balancing amount derived from the other figures in the schedule. The amount shown at this caption for a share outstanding throughout the period may not agree with the issuance of common stock because of the timing of sales of the Company’s shares.

(3)Total return based on market value is calculated as the change in market value per share during the respective periods, taking into account dividends and distributions, if any, reinvested in accordance with the Company’s dividend reinvestment plan. The beginning market value per share is based on the listing price of $17.15 per share on the listing date of June 12, 2025.

(4)Total return is calculated as the change in net asset value (“NAV”) per share during the period, plus distributions per share (assuming dividends and distributions, if any, are reinvested in accordance with the Company’s dividend reinvestment plan), if any, divided by the beginning NAV per share. Total return is not annualized.