N-2 - $ / shares |
6 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2025 |
Dec. 31, 2024 |
[1] | Jun. 30, 2024 |
Dec. 31, 2023 |
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Cover [Abstract] | ||||||||||
Entity Central Index Key | 0001603480 | |||||||||
Amendment Flag | false | |||||||||
Securities Act File Number | 814-01069 | |||||||||
Document Type | 10-Q | |||||||||
Entity Registrant Name | TCW DIRECT LENDING LLC | |||||||||
Entity Address, Address Line One | 200 Clarendon Street | |||||||||
Entity Address, City or Town | Boston | |||||||||
Entity Address, State or Province | MA | |||||||||
Entity Address, Postal Zip Code | 02116 | |||||||||
City Area Code | 617 | |||||||||
Local Phone Number | 936-2275 | |||||||||
Entity Emerging Growth Company | false | |||||||||
General Description of Registrant [Abstract] | ||||||||||
Risk Factors [Table Text Block] | Item 1A. Risk Factors In addition to the other information set forth in this report, you should carefully consider the risk factors discussed below and the risk factors in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, which could materially affect our business, financial condition and/or operating results. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially and adversely affect our business, financial condition and/or operating results. Changes to U.S. tariff and import/export regulations may have a negative effect on our portfolio companies and, in turn, on our performance. There have been significant changes to United States trade policies, agreements and tariffs, and in the future there may be additional significant changes. These and any future developments, and continued uncertainty surrounding trade policies, agreements and tariffs, may have a material adverse effect on global economic conditions, inflation and the stability of global financial markets, and may significantly reduce global trade and, in particular, trade between the impacted nations and the United States. Any of these factors could depress economic activity and restrict our portfolio companies' access to suppliers or customers, increase their supply-chain costs and expenses and could have material adverse effects on our business, financial condition and results of operations. Restructured portfolio investments can create greater equity risks and reduce income. Certain of the Company’s portfolio investments have been and will be restructured to address loan defaults or for other reasons considered by the Company to have the potential to better protect or preserve the value of the Company’s investment. Often, a restructured investment will result in an equity holding rather than debt. Equity investments can increase volatility in the value of the investment, will not be secured by assets, create a greater risk of loss, and can produce reduced or no income for the Company. As a result of these restructured investments, the Company has generally experienced reduced interest income. |
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NAV Per Share | [2] | $ 25.23 | [1] | $ 25.22 | $ 29.3 | $ 31.38 | ||||
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