| Schedule of Outstanding Redeemable Common Shares |
The following tables detail the movement of and net proceeds received from the Company’s outstanding common shares for the three and six months ended June 30, 2025 and 2024 (dollars in thousands except share amounts):
|
|
|
|
|
|
|
|
|
|
|
Class S
Common Shares |
|
Class I
Common Shares |
|
Total |
|
Shares outstanding as of March 31, 2025 |
|
5,566,962 |
|
|
4,321,249 |
|
|
9,888,211 |
|
Common shares issued |
|
603,392 |
|
|
523,782 |
|
|
1,127,174 |
|
DRIP shares issued |
|
74,704 |
|
|
49,945 |
|
|
124,649 |
|
Common shares repurchased |
|
(6,419 |
) |
|
(6,238 |
) |
|
(12,657 |
) |
Shares outstanding as of June 30, 2025 |
|
6,238,639 |
|
|
4,888,738 |
|
|
11,127,377 |
|
|
|
|
|
|
|
|
Proceeds from issuance of common shares |
$ |
13,744 |
|
$ |
11,546 |
|
$ |
25,290 |
|
|
|
|
|
|
|
|
|
|
|
|
Class S
Common Shares |
|
Class I
Common Shares |
|
Total |
|
Shares outstanding as of March 31, 2024 |
|
1,969,181 |
|
|
868,544 |
|
|
2,837,725 |
|
Common shares issued |
|
1,830,698 |
|
|
1,842,452 |
|
|
3,673,150 |
|
DRIP shares issued |
|
30,581 |
|
|
18,603 |
|
|
49,184 |
|
Shares outstanding as of June 30, 2024 |
|
3,830,460 |
|
|
2,729,599 |
|
|
6,560,059 |
|
|
|
|
|
|
|
|
Proceeds from issuance of common shares |
$ |
37,603 |
|
$ |
37,269 |
|
$ |
74,872 |
|
|
|
|
|
|
|
|
|
|
|
|
Class S
Common Shares |
|
Class I
Common Shares |
|
Total |
|
Shares outstanding as of December 31, 2024 |
|
5,064,764 |
|
|
3,823,418 |
|
|
8,888,182 |
|
Common shares issued |
|
1,043,901 |
|
|
977,947 |
|
|
2,021,848 |
|
DRIP shares issued |
|
136,393 |
|
|
93,611 |
|
|
230,004 |
|
Common shares repurchased |
|
(6,419 |
) |
|
(6,238 |
) |
|
(12,657 |
) |
Shares outstanding as of June 30, 2025 |
|
6,238,639 |
|
|
4,888,738 |
|
|
11,127,377 |
|
|
|
|
|
|
|
|
Proceeds from issuance of common shares |
$ |
23,895 |
|
$ |
21,520 |
|
$ |
45,415 |
|
|
|
|
|
|
|
|
|
|
|
|
Class S
Common Shares |
|
Class I
Common Shares |
|
Total |
|
Shares outstanding as of December 31, 2023 |
|
259,750 |
|
|
67,050 |
|
|
326,800 |
|
Common shares issued |
|
3,530,004 |
|
|
2,641,010 |
|
|
6,171,014 |
|
DRIP shares issued |
|
40,706 |
|
|
21,539 |
|
|
62,245 |
|
Shares outstanding as of June 30, 2024 |
|
3,830,460 |
|
|
2,729,599 |
|
|
6,560,059 |
|
|
|
|
|
|
|
|
Proceeds from issuance of common shares |
$ |
72,226 |
|
$ |
53,325 |
|
$ |
125,551 |
|
|
| Schedule of Outstanding Redeemable Common Shares |
The following tables detail the movement in the Company’s outstanding redeemable common shares during the three and six months ended June 30, 2025 and 2024 (dollars in thousands except share amounts):
|
|
|
|
|
Redeemable Common Shares |
|
Shares outstanding as of March 31, 2025 |
|
1,675,423 |
|
Redeemable common shares issued |
|
12,081 |
|
DRIP shares issued |
|
460 |
|
Shares outstanding as of June 30, 2025 |
|
1,687,964 |
|
|
|
|
Proceeds from issuance of redeemable common shares |
$ |
260 |
|
|
|
|
|
|
Redeemable Common Shares |
|
Shares outstanding as of March 31, 2024 |
|
1,628,286 |
|
Redeemable common shares issued |
|
— |
|
Redeemable common shares issued as performance fee compensation |
|
6,342 |
|
DRIP shares issued |
|
305 |
|
Shares outstanding as of June 30, 2024 |
|
1,634,933 |
|
|
|
|
Proceeds from issuance of redeemable common shares |
$ |
6 |
|
|
|
|
|
|
Redeemable Common Shares |
|
Shares outstanding as of December 31, 2024 |
|
1,670,897 |
|
Redeemable common shares issued |
|
16,230 |
|
DRIP shares issued |
|
837 |
|
Shares outstanding as of June 30, 2025 |
|
1,687,964 |
|
|
|
|
Proceeds from issuance of redeemable common shares |
$ |
352 |
|
|
|
|
|
|
Redeemable Common Shares |
|
Shares outstanding as of December 31, 2023 |
|
1,603,050 |
|
Redeemable common shares issued |
|
24,934 |
|
Redeemable common shares issued as performance fee compensation |
|
6,342 |
|
DRIP shares issued |
|
607 |
|
Shares outstanding as of June 30, 2024 |
|
1,634,933 |
|
|
|
|
Proceeds from issuance of redeemable common shares |
$ |
512 |
|
|