Net Assets (Tables)
|
6 Months Ended |
Jun. 30, 2025 |
|---|
| Schedule of Investments [Abstract] |
|
| Schedule of the Issuance of Shares |
The following table summarizes the issuance of shares from the Public Offering and the Private Offering during the six months ended June 30, 2025 and 2024:
|
|
|
|
|
|
|
|
|
|
|
Class I |
|
Subscriptions Effective |
|
Shares Issued |
|
|
Net Proceeds |
|
For the six months ended June 30, 2025 |
|
|
|
|
|
|
January 1, 2025 |
|
|
37,241 |
|
|
$ |
901 |
|
May 1, 2025 |
|
|
283 |
|
|
|
6 |
|
June 1, 2025 |
|
|
278 |
|
|
|
7 |
|
Total |
|
|
37,802 |
|
|
$ |
914 |
|
|
|
|
|
|
|
|
For the six months ended June 30, 2024 |
|
|
|
|
|
|
March 1, 2024 |
|
|
2,058,460 |
|
|
$ |
50,000 |
|
Total |
|
|
2,058,460 |
|
|
$ |
50,000 |
|
|
|
|
|
|
|
|
|
|
|
|
Class D |
|
Subscriptions Effective |
|
Shares Issued |
|
|
Net Proceeds |
|
For the six months ended June 30, 2025 |
|
|
|
|
|
|
May 1, 2025 |
|
|
4,205 |
|
|
$ |
100 |
|
Total |
|
|
4,205 |
|
|
$ |
100 |
|
|
|
|
|
|
|
|
For the six months ended June 30, 2024 |
|
|
|
|
|
|
None |
|
|
— |
|
|
$ |
— |
|
Total |
|
|
— |
|
|
$ |
— |
|
|
| Schedule of NAV per share for Class I shares and Class D shares |
The following table presents each month-end NAV per share for Class I shares and Class D shares for the six months ended June 30, 2025 and 2024:
|
|
|
|
|
|
|
|
|
|
|
NAV Per Share |
|
For the Month Ended |
|
Class I |
|
|
Class D |
|
For the six months ended June 30, 2025 |
|
|
|
|
|
|
January 31, 2025 |
|
$ |
24.27 |
|
|
$ |
— |
|
February 28, 2025 |
|
|
24.37 |
|
|
|
— |
|
March 31, 2025 |
|
|
23.97 |
|
|
|
— |
|
April 30, 2025 |
|
|
23.78 |
|
|
|
— |
|
May 31, 2025 |
|
|
24.08 |
|
|
|
24.08 |
|
June 30, 2025 |
|
|
24.03 |
|
|
|
24.03 |
|
|
|
|
|
|
|
|
For the six months ended June 30, 2024 |
|
|
|
|
|
|
January 31, 2024 |
|
$ |
24.39 |
|
|
$ |
— |
|
February 29, 2024 |
|
|
24.20 |
|
|
|
— |
|
March 31, 2024 |
|
|
24.25 |
|
|
|
— |
|
April 30, 2024 |
|
|
24.25 |
|
|
|
— |
|
May 31, 2024 |
|
|
24.29 |
|
|
|
— |
|
June 30, 2024 |
|
|
24.25 |
|
|
|
— |
|
|
| Schedule of the Distributions were Declared and Payable |
Distributions The following table presents distributions that were declared and payable during the six months ended June 30, 2025 and 2024:
|
|
|
|
|
|
|
|
|
|
|
|
|
Class I |
|
Date Declared |
|
Record Date |
|
Payment Date |
|
Distribution Per Share |
|
|
Distribution Amount |
|
For the Six Months Ended June 30, 2025 |
|
|
|
|
|
|
|
|
|
|
January 31, 2025 |
|
January 31, 2025 |
|
February 27, 2025 |
|
$ |
0.205 |
|
|
$ |
2,548 |
|
March 26, 2025 |
|
March 26, 2025 |
|
March 28, 2025 |
|
$ |
0.205 |
|
|
$ |
2,550 |
|
March 31, 2025 |
|
March 31, 2025 |
|
April 29, 2025 |
|
$ |
0.205 |
|
|
$ |
2,551 |
|
April 23, 2025 |
|
April 30, 2025 |
|
May 29, 2025 |
|
$ |
0.205 |
|
|
$ |
2,551 |
|
May 22, 2025 |
|
May 30, 2025 |
|
June 27, 2025 |
|
$ |
0.205 |
|
|
$ |
2,551 |
|
June 25, 2025 |
|
June 30, 2025 |
|
July 30, 2025 |
|
$ |
0.205 |
|
|
$ |
2,551 |
|
|
|
|
|
|
|
|
|
|
$ |
15,302 |
|
For the Six Months Ended June 30, 2024 |
|
|
|
|
|
|
|
|
|
|
February 5, 2024 |
|
February 6, 2024 |
|
February 27, 2024 |
|
$ |
0.120 |
|
|
$ |
1,244 |
|
February 29, 2024 |
|
February 29, 2024 |
|
March 26, 2024 |
|
$ |
0.120 |
|
|
$ |
1,244 |
|
March 28, 2024 |
|
March 28, 2024 |
|
April 26, 2024 |
|
$ |
0.120 |
|
|
$ |
1,491 |
|
April 30, 2024 |
|
April 30, 2024 |
|
May 29, 2024 |
|
$ |
0.120 |
|
|
$ |
1,491 |
|
May 29, 2024 |
|
May 31, 2024 |
|
June 29, 2024 |
|
$ |
0.155 |
|
|
$ |
1,924 |
|
June 26, 2024 |
|
June 28, 2024 |
|
July 29, 2024 |
|
$ |
0.180 |
|
|
$ |
2,239 |
|
|
|
|
|
|
|
|
|
|
$ |
9,633 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class D |
|
Date Declared |
|
Record Date |
|
Payment Date |
|
Distribution Per Share (1) |
|
|
Distribution Amount |
|
For the Six Months Ended June 30, 2025 |
|
|
|
|
|
|
|
|
|
|
May 22, 2025 |
|
May 30, 2025 |
|
June 27, 2025 |
|
$ |
0.200 |
|
|
$ |
1 |
|
June 25, 2025 |
|
June 30, 2025 |
|
July 30, 2025 |
|
$ |
0.200 |
|
|
$ |
1 |
|
|
|
|
|
|
|
|
|
|
$ |
2 |
|
(1)Distribution per share is net of shareholder servicing and/or distribution fees.
|
| Schedule of Sources of Cash Distributions |
The following table presents the sources of cash distributions on a GAAP basis that the Company has declared on its Common Shares during the six months ended June 30, 2025 and 2024:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2025 |
|
|
June 30, 2024 |
|
|
|
Class I |
|
|
Class D |
|
|
Class I |
|
Ordinary income (including net short-term capital gains) |
|
$ |
14,762 |
|
|
$ |
2 |
|
|
$ |
9,633 |
|
Capital gains |
|
|
540 |
|
|
|
— |
|
|
|
— |
|
Return of capital |
|
|
— |
|
|
|
— |
|
|
|
— |
|
Total taxable distributions |
|
$ |
15,302 |
|
|
$ |
2 |
|
|
$ |
9,633 |
|
|
| Schedule of Share Repurchases |
The following table presents share repurchases completed under the share repurchase program during the six months ended June 30, 2025. There were no share repurchases completed during the six months ended June 30, 2024.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Repurchase Request Deadline |
|
Total Number of Shares Repurchased (all classes) |
|
|
Percentage of Outstanding Shares Repurchased(1) |
|
|
Price Paid Per Share |
|
|
Repurchase Pricing Date |
|
Amount Repurchased (all classes)(2) |
|
|
Maximum number of shares that may yet be purchased under the repurchase plan(3) |
|
May 30, 2025 |
|
|
3,036 |
|
|
|
0.02 |
% |
|
$ |
24.03 |
|
|
May 30, 2025 |
|
$ |
73 |
|
|
|
— |
|
(1)Percentage is based on total shares as of the close of the previous calendar quarter. (2)Amounts shown net of Early Repurchase Deductions, if any. (3)All repurchase requests were satisfied in full.
|