v3.25.2
Consolidated Statements of Changes in Net Assets - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
 [2],[3]
Jun. 30, 2025
Jun. 30, 2024
 [2],[3]
Operations:        
Net investment income $ 14,626,034 [1] $ 7,417,493 $ 26,920,654 [1] $ 12,776,694
Net realized gain (loss) (561,667) [1] 610,459 770,171 [1] 1,657,169
Net unrealized appreciation/(depreciation) on investments 3,994,306 [1] (1,149,056) (442,877) [1] (911,204)
Net increase (decrease) in net assets resulting from operations 18,058,673 [1] 6,878,896 27,247,948 [1] 13,522,659
Capital transactions        
Total increase (decrease) in net assets 51,594,299 [1] 101,463,251 119,355,553 [1] 116,619,884
Net Assets, beginning of period 514,827,007 [1] 236,772,553 447,065,753 [1] 221,615,920
Net Assets, end of period 566,421,306 [1] 338,235,804 566,421,306 [1] 338,235,804
Class I Shares [Member]        
Capital transactions        
Proceeds from issuance of common shares 37,622,000 [1] 97,359,157 91,754,996 [1] 104,522,157
Distribution of earnings 14,563,609 [1] 8,136,028 28,663,218 [1] 14,550,475
Repurchase of common shares 0 [1] 0 (14,875) [1] 0
Reinvestments of distributions 10,419,716 [1] 5,361,226 28,973,183 [1] 13,125,543
Net increase (decrease) from share transactions 33,478,107 [1] 94,584,355 92,050,086 [1] 103,097,225
Net Assets, beginning of period [4],[5]     447,065,753  
Net Assets, end of period [6] 566,362,224   566,362,224  
Class S Shares [Member]        
Capital transactions        
Proceeds from issuance of common shares 57,900 [1] 0 57,900 [1] 0
Distribution of earnings 1,523 [1] 0 1,523 [1] 0
Repurchase of common shares 0 [1] 0 0 [1] 0
Reinvestments of distributions 1,142 [1] 0 1,142 [1] 0
Net increase (decrease) from share transactions 57,519 [1] 0 57,519 [1] 0
Net Assets, beginning of period [4],[5]     0  
Net Assets, end of period [6] 59,082   59,082  
Class D Shares [Member]        
Capital transactions        
Proceeds from issuance of common shares 0 [1] 0 0 [1] 0
Distribution of earnings 0 [1] 0 0 [1] 0
Repurchase of common shares 0 [1] 0 0 [1] 0
Reinvestments of distributions 0 [1] 0 0 [1] 0
Net increase (decrease) from share transactions 0 [1] $ 0 0 [1] $ 0
Net Assets, beginning of period [4],[5]     0  
Net Assets, end of period [6] $ 0   $ 0  
[1] There were no Class D shares outstanding as of June 30, 2025.
[2] Common Shares issued and outstanding as of June 30, 2024, were issued pursuant to the Private Offering. As part of the Public Offering effective June 24, 2024, the Common Shares issued pursuant to the Private Offering became Class I shares. Common Shares issued pursuant to the Private Offering are reclassified as Class I shares to conform with current period presentation.
[3] There were no Class S or Class D shares outstanding as of June 30, 2024.
[4] Common Shares issued and outstanding as of June 23, 2024, were issued pursuant to the Private Offering. As part of the Public Offering effective June 24, 2024, the Common Shares issued pursuant to the Private Offering became Class I shares. Common Shares issued pursuant to the Private Offering are reclassified as Class I shares to conform with current period presentation.
[5] There were no Class S or Class D shares outstanding as of December 31, 2024.
[6] There were no Class D shares outstanding as of June 30, 2025