v3.25.4
Borrowings - SPV V Credit Facility (Details) - USD ($)
$ in Thousands
Feb. 21, 2025
Dec. 31, 2025
Dec. 31, 2024
 [3],[4]
Borrowings      
Fair value   $ 5,819,755 [1],[2] $ 4,008,973
SPV V Credit Facility      
Borrowings      
Maximum borrowing capacity $ 250,000    
Debt instrument, accordion feature facility $ 350,000    
Interest rate, basis spread 2.15%    
Maximum percentage of advance rate on the portfolio 75.00%    
Weighted average interest rate   5.80%  
SPV V Credit Facility | Asset pledged as collateral      
Borrowings      
Fair value   $ 301,767  
SPV V Credit Facility | Minimum      
Borrowings      
Commitment fee (in percent) 0.25%    
SPV V Credit Facility | Maximum      
Borrowings      
Commitment fee (in percent) 0.75%    
[1] All of the Company’s investments are issued by eligible portfolio companies, as defined in the Investment Company Act of 1940, as amended, (the “1940 Act”), unless otherwise noted. All of the Company’s investments are issued by U.S. portfolio companies unless otherwise noted.
[2] Except as otherwise noted, because there is no readily available market value for these investments, the fair value of each of these investments is determined in good faith using significant unobservable inputs by the Valuation Designee. (See Note 4 in the accompanying notes to the consolidated financial statements).
[3] All of the Company’s investments are issued by eligible portfolio companies, as defined in the Investment Company Act of 1940, as amended, (the “1940 Act”), unless otherwise noted. All of the Company’s investments are issued by U.S. portfolio companies unless otherwise noted.
[4] Except as otherwise noted, because there is no readily available market value for these investments, the fair value of each of these investments is determined in good faith using significant unobservable inputs by the Valuation Designee. (See Note 4 in the accompanying notes to the consolidated financial statements).