v3.25.2
Consolidated Statements of Assets and Liabilities - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Non-controlled/non-affiliated investments (amortized cost of $1,274,561 and $952,308, respectively) $ 1,243,460 $ 942,128
Cash and cash equivalents 48,814 92,946
Interest income receivable 7,619 6,311
Receivable for investment sold 202 156
Deferred financing costs 441 1,150
Prepaid and other assets 1 74
Total Assets 1,300,537 1,042,765
Liabilities    
Incentive fee payable 25,794 21,675
Interest and credit facility expense payable 6,452 5,910
Management fees payable 3,947 2,970
Unrealized depreciation on unfunded commitments 1,218 1,110
Directors’ fees payable 99 0
Other accrued expenses and other liabilities 574 952
Total Liabilities 476,967 431,536
Commitments and Contingencies (Note 5)
Members’ Capital    
Common Unitholders' commitment: (12,745,660 units issued and outstanding) 1,274,566 1,274,566
Common Unitholders' undrawn commitment: (12,745,660 units issued and outstanding) (384,504) (623,504)
Common Unitholders' return of capital (5,941) (5,941)
Common Unitholders’ offering costs (347) (347)
Common Unitholders’ capital 883,774 644,774
Accumulated overdistributed earnings (60,204) (33,545)
Total Members’ Capital 823,570 611,229
Total Liabilities and Members’ Capital $ 1,300,537 $ 1,042,765
Net Asset Value Per Unit (accrual base) (Note 10) $ 94.78 $ 96.87
Term Loan    
Liabilities    
Revolving credit facilities payable and term loan $ 399,683 $ 398,919
Revolving Credit Facilities    
Liabilities    
Revolving credit facilities payable and term loan $ 39,200 $ 0