Investments at fair value consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
As of June 30, 2025 |
|
Investment Type |
Cost |
|
Fair Value |
|
Unrealized Appreciation/ (Depreciation) |
|
Unitranche First Lien |
$ |
276,354 |
|
$ |
277,560 |
|
$ |
1,206 |
|
Equity |
|
10,449 |
|
|
10,010 |
|
|
(439 |
) |
Total Investments |
$ |
286,803 |
|
$ |
287,570 |
|
$ |
767 |
|
The industry composition of investments at fair value is as follows (in thousands):
|
|
|
|
|
|
|
|
Industry |
Fair Value as of
June 30, 2025 |
|
Percentage of Fair Value |
|
|
Software and Services |
$ |
141,480 |
|
|
49.2 |
|
% |
Healthcare Equipment and Services |
|
75,666 |
|
|
26.3 |
|
|
Commercial and Professional Services |
|
70,424 |
|
|
24.5 |
|
|
Total Investments |
$ |
287,570 |
|
|
100.0 |
|
% |
The geographic composition of investments at fair value is as follows (in thousands):
|
|
|
|
|
|
|
|
Geographic Region |
Fair Value as of
June 30, 2025 |
|
Percentage of Fair Value |
|
|
United States |
$ |
287,570 |
|
|
100.00 |
|
% |
Total Investments |
$ |
287,570 |
|
|
100.00 |
|
% |
|