v3.25.2
Fair Value Measurements - Fair Value Measurements of Investments and Foreign Currency Forward Contracts, by Major Class According to the Fair Value Hierarchy (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Fair Value Measurements    
Investments, at fair value $ 367,700 [1],[2] $ 457,048 [3],[4],[5]
Senior secured loans    
Fair Value Measurements    
Investments, at fair value 270,091 357,994
Unitranche secured loans    
Fair Value Measurements    
Investments, at fair value 2,183 3,862
Junior secured loans    
Fair Value Measurements    
Investments, at fair value 31,679 29,634
Equity investments    
Fair Value Measurements    
Investments, at fair value 33,590 32,828
Fair Value, Recurring    
Fair Value Measurements    
Investments, at fair value 367,700 457,048
Fair Value, Recurring | Senior secured loans    
Fair Value Measurements    
Investments, at fair value 270,091 357,994
Fair Value, Recurring | Unitranche secured loans    
Fair Value Measurements    
Investments, at fair value 2,183 3,862
Fair Value, Recurring | Junior secured loans    
Fair Value Measurements    
Investments, at fair value 31,679 29,634
Fair Value, Recurring | Equity investments    
Fair Value Measurements    
Investments, at fair value 33,590 32,828
Level 1 | Fair Value, Recurring    
Fair Value Measurements    
Investments, at fair value 0 61
Level 1 | Fair Value, Recurring | Senior secured loans    
Fair Value Measurements    
Investments, at fair value 0 0
Level 1 | Fair Value, Recurring | Unitranche secured loans    
Fair Value Measurements    
Investments, at fair value 0 0
Level 1 | Fair Value, Recurring | Junior secured loans    
Fair Value Measurements    
Investments, at fair value 0 0
Level 1 | Fair Value, Recurring | Equity investments    
Fair Value Measurements    
Investments, at fair value 0 61
Level 2 | Fair Value, Recurring    
Fair Value Measurements    
Investments, at fair value 0 0
Level 2 | Fair Value, Recurring | Senior secured loans    
Fair Value Measurements    
Investments, at fair value 0 0
Level 2 | Fair Value, Recurring | Unitranche secured loans    
Fair Value Measurements    
Investments, at fair value 0 0
Level 2 | Fair Value, Recurring | Junior secured loans    
Fair Value Measurements    
Investments, at fair value 0 0
Level 2 | Fair Value, Recurring | Equity investments    
Fair Value Measurements    
Investments, at fair value 0 0
Level 3 | Fair Value, Recurring    
Fair Value Measurements    
Investments, at fair value 337,543 424,257
Level 3 | Fair Value, Recurring | Senior secured loans    
Fair Value Measurements    
Investments, at fair value 270,091 357,994
Level 3 | Fair Value, Recurring | Unitranche secured loans    
Fair Value Measurements    
Investments, at fair value 2,183 3,862
Level 3 | Fair Value, Recurring | Junior secured loans    
Fair Value Measurements    
Investments, at fair value 31,679 29,634
Level 3 | Fair Value, Recurring | Equity investments    
Fair Value Measurements    
Investments, at fair value 33,590 32,767
Investment measured at NAV | Fair Value, Recurring    
Fair Value Measurements    
Investments, at fair value $ 30,157 $ 32,730
[1] All of the Company’s investments are issued by eligible portfolio companies, as defined in the Investment Company Act of 1940 (the “1940 Act”), unless otherwise noted. All of the Company’s investments are issued by U.S. portfolio companies unless otherwise noted.
[2] Because there is no readily available market value for these investments, the fair value of these investments is determined in good faith using significant unobservable inputs by the Valuation Designee. (See Note 4 in the accompanying notes to the consolidated financial statements).
[3] All of the Company’s investments are issued by eligible portfolio companies, as defined in the Investment Company Act of 1940 (the “1940 Act”), unless otherwise noted. All of the Company’s investments are issued by U.S. portfolio companies unless otherwise noted.
[4] As defined in the 1940 Act, the Company is deemed to be both an “Affiliated Person” of and to “Control” this portfolio company as it owns more than 25% of the portfolio company’s voting securities. See Note 5 in the accompanying notes to the consolidated financial statements for additional information on transactions in which the issuer was both an Affiliated Person and a portfolio company that the Company is deemed to Control.
[5] Because there is no readily available market value for these investments, the fair value of these investments is determined in good faith using significant unobservable inputs by the Valuation Designee. (See Note 4 in the accompanying notes to the consolidated financial statements)