v3.25.4
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Investments, Fair Value Disclosure [Abstract]    
Investments, at fair value $ 329,255 $ 582,495
Investments in affiliated money market fund 139,844 288
Cash 7,396 79,248
Interest and dividends receivable 3,620 5,705
Deferred financing costs 649 840
Other assets 543 87
Total assets 481,307 668,663
Liabilities    
Debt 148,432 293,132
Interest and other debt expenses payable 2,548 2,822
Management fees payable 737 957
Incentive fees payable 7,317 4,420
Distribution payable   5,359
Secured borrowings 2,095 1,818
Accrued expenses and other liabilities 775 4,130
Payable for units subscribed (Note 12)   6,315
Total liabilities 161,904 318,953
Commitments and contingencies (Note 8)
Members' capital    
Units (14,884,897 and 14,884,897 units issued and outstanding as of December 31, 2025 and December 31, 2024 457,806 506,006
Distributable earnings (loss) (138,403) (156,296)
Total members' capital 319,403 349,710
Total liabilities and members' capital $ 481,307 $ 668,663
Net asset value per unit [1] $ 21.46 $ 23.49
Non-Controlled/Non-Affiliated Investments    
Investments, Fair Value Disclosure [Abstract]    
Investments, at fair value $ 325,901 $ 579,141
Non-Controlled Affiliated Investments    
Investments, Fair Value Disclosure [Abstract]    
Investments, at fair value $ 3,354 $ 3,354
[1] The per Unit data was derived by using the weighted average Units outstanding during the applicable period, except for distributions recorded, which reflects the actual amount of distributions recorded per Unit for the applicable period.