v3.26.1
Borrowings (Tables)
 12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt and Interest and Financing Costs
The following tables show the Fund’s outstanding debt as of December 31, 2025:
December 31, 2025
Aggregate Principal CommittedOutstanding Principal
Amount Available (1)
Net Carrying Value(2)(3)
Credit Facility$500,000,000 $343,426,395 $156,573,605 $340,608,437 
Total$500,000,000 $343,426,395 $156,573,605 $340,608,437 
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(1)The amount available may be subject to limitations related to the borrowing base under the Credit Facility (as defined below), outstanding letters of credit issued and asset coverage requirements.
(2)As of December 31, 2025, all of the Fund’s outstanding debt was categorized as Level 3 within the fair value hierarchy.
(3)As of December 31, 2025, the Fund recorded $16,120 of unrealized translation gain/(loss) on borrowings denominated in foreign currency.
The following table shows additional information about the interest and financing costs related to the Credit Facility from the Commencement of Operations through December 31, 2025:

For the Period January 22, 2025 (Commencement of Operations) through December 31, 2025
Interest expense related to the Credit Facility$13,143,586 
Financing expenses related to the Credit Facility648,012 
Total interest and financing expenses related to the Credit Facility$13,791,598