v3.25.4
CONSOLIDATED FINANCIAL HIGHLIGHTS (Details) - USD ($)
$ / shares in Units, $ in Thousands
 1 Months Ended 12 Months Ended
Dec. 31, 2022
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Investment Company, Financial Highlights [Roll Forward]        
Net asset value, beginning of period (in dollars per unit) [1] $ 0 $ 20.28 $ 20.1 $ 20
Net investment income (loss) (in dollars per unit) [1] 0 1.9 1.87 0.92
Net unrealized and realized gain (loss) (in dollars per unit) [1],[2] 0 (0.14) 0.23 (0.04)
Net increase (decrease) in net assets resulting from operations (in dollars per unit) [1] 0 1.76 2.1 0.88
Dividends declared (in dollars per unit) [1] 0 (1.9) (1.92) (0.78)
Total increase (decrease) in net assets (in dollars per unit) [1] 0 (0.14) 0.18 0.1
Net asset value, end of period (in dollars per unit) [1] $ 20 $ 20.14 $ 20.28 $ 20.1
Units outstanding, end of period (in units) [1] 0 14,945,887 8,811,503 2,157,873
Weighted average units outstanding - basic (in units) [1] 0 12,696,315 6,036,393 1,667,184
Weighted average units outstanding - diluted (in units) [1] 0 12,696,315 6,036,393 1,667,184
Total return based on net asset value [1],[3] 0.00% 9.08% 10.90% 4.49%
Ratio/Supplemental Data:        
Members' Capital, end of period $ (194) $ 301,045 $ 178,726 $ 43,368
Ratio of expenses before waivers to average Members' Capital [4] 0.00% 7.39% 6.51% 9.87%
Ratio of net expenses to average Members' Capital [4] 0.00% 5.54% 4.64% 3.78%
Ratio of net investment income to average Members' Capital [4] 0.00% 9.36% 9.19% 10.93%
Asset coverage ratio 0.00% 210.00% 296.00% 494.00%
Portfolio turnover rate 0.00% 8.25% 11.61% 5.75%
[1] The per unit data was derived by using the weighted average units outstanding during the period, except otherwise noted.
[2] The amount shown does not correspond with the aggregate amount for the period as it includes the effect of the timing of capital transactions.
[3] Total return (not annualized) is calculated assuming a purchase of units at the opening of the first day of the period and a sale on the closing of the last business day of the period. Distributions, if any, are assumed for purposes of this calculation, to be reinvested at prices obtained under the Company’s DRIP.
[4] Effective January 31, 2023, in accordance with Section 61(a)(2) of the 1940 Act, with certain limited exceptions, the Company is allowed to borrow amounts such that its asset coverage, as defined in the 1940 Act, is at least 150% after such borrowing. Prior to January 31, 2023, in accordance with the 1940 Act, with certain limited exceptions, the Company was allowed to borrow amounts such that its asset coverage, as defined in the 1940 Act, was at least 200% after such borrowing.