v3.25.2
FAIR VALUE DISCLOSURES - Fair Value Measurement Inputs and Valuation Techniques (Details)
 6 Months Ended 12 Months Ended
Jun. 30, 2025
USD ($)
loan
Dec. 31, 2024
USD ($)
loan
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 104,793,954 [1] $ 151,064,673 [2]
Number of loans within the industry | loan 1 1
Level 3    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 104,793,954 $ 151,064,673
Level 3 | Biotechnology | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 1,377,389 $ 3,497,275
Level 3 | Biotechnology | Minimum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input   0.16
Level 3 | Biotechnology | Maximum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.15  
Level 3 | Biotechnology | Weighted Average | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.15 0.16
Level 3 | Computers & Storage | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 9,917,339 $ 10,763,242
Level 3 | Computers & Storage | Minimum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.15 0.14
Level 3 | Computers & Storage | Minimum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.30  
Level 3 | Computers & Storage | Maximum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input   0.16
Level 3 | Computers & Storage | Maximum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.40  
Level 3 | Computers & Storage | Weighted Average | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.15 0.14
Level 3 | Enterprise Networking | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 3,121,953 $ 3,310,413
Level 3 | Enterprise Networking | Minimum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.10 0.10
Level 3 | Enterprise Networking | Maximum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.50 0.50
Level 3 | Internet | Valuation, Most Advantageous Market Analysis and Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 22,021,583 $ 29,154,761
Level 3 | Internet | Minimum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.18 0.19
Level 3 | Internet | Minimum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.10 0.05
Level 3 | Internet | Maximum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.20 0.20
Level 3 | Internet | Maximum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 1 1
Level 3 | Internet | Weighted Average | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.19 0.19
Level 3 | Medical Devices | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 0 $ 310,783
Level 3 | Medical Devices | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 1  
Level 3 | Medical Devices | Minimum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input   1
Level 3 | Other Healthcare | Valuation, Most Advantageous Market Analysis and Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 1,860,898 $ 4,351,720
Level 3 | Other Healthcare | Minimum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.16 0.12
Level 3 | Other Healthcare | Minimum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.05 0.25
Level 3 | Other Healthcare | Maximum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.22 0.22
Level 3 | Other Healthcare | Maximum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 1 1
Level 3 | Other Healthcare | Weighted Average | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.18 0.17
Level 3 | Other Technology | Valuation, Most Advantageous Market Analysis and Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 48,184,150 $ 67,570,223
Level 3 | Other Technology | Minimum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.11 0.11
Level 3 | Other Technology | Minimum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.05 0.05
Level 3 | Other Technology | Maximum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.25 0.38
Level 3 | Other Technology | Maximum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 1 1
Level 3 | Other Technology | Weighted Average | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.16 0.16
Level 3 | Security | Valuation, Most Advantageous Market Analysis and Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 780,965 $ 1,785,026
Level 3 | Security | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.13  
Level 3 | Security | Minimum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input   0.13
Level 3 | Security | Minimum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 1 0.25
Level 3 | Security | Maximum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input   1
Level 3 | Security | Weighted Average | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.13 0.13
Level 3 | Software | Valuation, Most Advantageous Market Analysis and Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 15,630,241 $ 25,664,750
Level 3 | Software | Minimum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.13 0.13
Level 3 | Software | Minimum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.05 0.05
Level 3 | Software | Maximum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.25 0.26
Level 3 | Software | Maximum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 1 0.95
Level 3 | Software | Weighted Average | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.17 0.17
Level 3 | Technology Services | Valuation, Most Advantageous Market Analysis and Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 810,836 $ 3,346,503
Level 3 | Technology Services | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.16  
Level 3 | Technology Services | Minimum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input   0.16
Level 3 | Technology Services | Minimum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.05 0.13
Level 3 | Technology Services | Maximum | Probability weighting of alternative outcomes | Asset Recovery    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.85 0.50
Level 3 | Technology Services | Weighted Average | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.16 0.16
Level 3 | Wireless | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Fair Value $ 1,088,600 $ 1,309,977
Level 3 | Wireless | Minimum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input   0.16
Level 3 | Wireless | Maximum | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.19  
Level 3 | Wireless | Weighted Average | Most advantageous market effective yield rate | Most advantageous market analysis    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 0.19 0.16
[1] There is no readily available market price or secondary market for the Fund’s loan investments, hence the Manager determines fair value of all loan investments presented in the Condensed Schedule of Investments based on a most advantageous market and the estimates may include the use of significant unobservable inputs.
[2] There is no readily available market price or secondary market for the Fund’s loan investments, hence the Manager determines fair value of all loan investments presented in the Condensed Schedule of Investments based on a most advantageous market and the estimates may include the use of significant unobservable inputs.