v3.25.4
SIGNIFICANT AGREEMENTS AND RELATED PARTY TRANSACTIONS (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2023
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Related Party Transaction [Line Items]        
Management fees   $ 3,127 $ 1,449 $ 182
Management fees waived   2,380 931 182
Expense support   0 325 717
Management fees payable   420 518  
Expense waiver   2,380 1,044 94
Capital gains incentive fees   (182) 161 20
Administrative service fees   202 59 50
Payable to affiliates   210 40  
Unfunded commitments   137,450 62,566  
Capital gains based incentive fee payable   0 182  
Income based incentive fees   3,082 1,439 $ 94
Income based incentive fees payable   $ 415 $ 395  
Common units, units issued (in units)   14,945,887 8,811,503  
MS Credit Partners Holdings        
Related Party Transaction [Line Items]        
Aggregate Capital Contribution   $ 10,463    
Common units, units issued (in units)   518,492    
Related Party        
Related Party Transaction [Line Items]        
Base management fee rate   1.25%    
Related Party | MS Credit Partners Holdings        
Related Party Transaction [Line Items]        
Unfunded commitments   $ 25,000    
Related Party | Investment Advisory Agreement        
Related Party Transaction [Line Items]        
Initial term (in years) 2 years      
Related Party | Quarterly hurdle rate        
Related Party Transaction [Line Items]        
Incentive rate   1.25%    
Related Party | Annualized hurdle rate        
Related Party Transaction [Line Items]        
Incentive rate   5.00%    
Related Party | Incentive Fee Rate Pre Incentive Fee Net Investment Income Below Catch Up Threshold        
Related Party Transaction [Line Items]        
Incentive rate   100.00%    
Related Party | Incentive Fee Rate Quarterly Catch Up Threshold        
Related Party Transaction [Line Items]        
Incentive rate   1.4286%    
Related Party | Incentive Fee Rate Annualized Catch Up Threshold        
Related Party Transaction [Line Items]        
Incentive rate   5.7143%    
Related Party | Incentive Fee Rate Pre Incentive Fee Net Investment Income Exceeds Catch Up Threshold        
Related Party Transaction [Line Items]        
Incentive rate   12.50%    
Related Party | Incentive Fee Rate Realized Capital Gains        
Related Party Transaction [Line Items]        
Incentive rate   12.50%    
Related Party | Administration Agreement        
Related Party Transaction [Line Items]        
Initial term (in years)   2 years    
Payable to affiliates   $ 65 $ 2  
Related Party | Expense Support Agreement        
Related Party Transaction [Line Items]        
Minimum term subject to repayment (in years)   3 years