v3.25.2
CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Assets:    
Investments at Fair Value $ 4,083,453,000 [1],[2],[3] $ 3,966,075,000 [4],[5],[6]
Cash and cash equivalents 105,259,000 119,096,000
Restricted cash 16,158,000 11,664,000
Interest and dividends receivable 46,875,000 52,467,000
Receivable for unsettled trades 31,254,000 5,090,000
Prepaid expenses and other assets 6,542,000 6,916,000
Due from broker 0 7,690,000
Total assets 4,289,541,000 4,168,998,000
Liabilities:    
Debt (net of deferred financing costs of $12,574 and $8,547, respectively) 2,280,890,000 2,054,738,000
Secured borrowings 0 30,758,000
Management fees payable 15,272,000 15,181,000
Incentive fees on income payable 8,819,000 9,017,000
Accounts payable and accrued expenses 29,963,000 27,761,000
Payable for unsettled trades 0 23,995,000
Interest and debt fees payable 23,217,000 18,237,000
Directors' fees payable 16,000 16,000
Other liabilities 843,000 1,502,000
Unrealized loss on derivatives 349,000 0
Total liabilities 2,359,369,000 2,181,205,000
Commitments and Contingencies (Note 7)
Redeemable convertible preferred stock Series A, $0.001 par value, 50,000,000 shares authorized; 77,500 issued and outstanding at both June 30, 2025 and December 31, 2024 77,425,000 77,416,000
Net Assets attributable to common stock:    
Common stock, $0.001 par value, 450,000,000 shares authorized; $134,387,297 issued and outstanding at June 30, 2025, and $135,487,595 issued and outstanding at December 31, 2024 134,000 135,000
Additional paid in capital 2,502,271,000 2,517,890,000
Total distributable earnings (loss) (649,658,000) (607,648,000)
Total net assets attributable to common stock 1,852,747,000 1,910,377,000
Total liabilities, redeemable convertible preferred stock, and net assets attributable to common stock $ 4,289,541,000 $ 4,168,998,000
Net asset value per share attributable to common stock (in dollar per share) $ 13.79 $ 14.10
Series A Preferred Stock    
Liabilities:    
Redeemable convertible preferred stock Series A, $0.001 par value, 50,000,000 shares authorized; 77,500 issued and outstanding at both June 30, 2025 and December 31, 2024 $ 77,425,000 $ 77,416,000
Controlled    
Assets:    
Investments at Fair Value 714,858,000 785,556,000
Affiliated    
Assets:    
Investments at Fair Value 42,070,000 35,596,000
Non-affiliated    
Assets:    
Investments at Fair Value $ 3,326,525,000 $ 3,144,923,000
[1] Percentages are based on net assets attributable to common stock as of June 30, 2025.
[2] Unless otherwise indicated, all investments in the consolidated schedules of investments are non-affiliated, non-controlled investments.
[3] Unless otherwise indicated, all of the Company's investments or a portion thereof are pledged as collateral under the JPM Revolver Facility.
[4] Percentages are based on net assets attributable to common stock as of December 31, 2024.
[5] Unless otherwise indicated, all investments in the consolidated schedules of investments are non-affiliated, non-controlled investments.
[6] Unless otherwise indicated, all of the Company's investments or a portion thereof are pledged as collateral under the JPM Revolver Facility.