v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Net assets at beginning of period, Shares [1] 25,405,674    
Net assets at beginning of period $ 637,459 [1] $ 25  
Operations:      
Net Investment Income 72,273 10,244 $ 0 [2]
Net realized gain (loss) 616 0 0 [2]
Net change in unrealized appreciation (depreciation) (2,395) (350) 0 [2]
(Provision) benefit for taxes on unrealized appreciation of assets (374) 0 0 [2]
Net increase (decrease) in net assets resulting from operations 70,120 9,894 0 [2]
Capital Transactions:      
Issuance of shares 92,147 635,830 25
Common Shares issued from reinvestment of distributions, Value 1,187    
Distributions to shareholders (67,845) (8,290)  
Net increase (decrease) in net assets resulting from capital transactions $ 25,489 $ 627,540 25
Total net increase (decrease), Shares 3,706,631 25,404,674  
Total net increase (decrease) $ 95,609 $ 637,434 25
Net assets at end of period, Share 29,112,305 25,405,674 [1]  
Net assets at end of period $ 733,068 $ 637,459 [1] $ 25
Common Stock      
Net assets at beginning of period, Shares 25,405,674 1,000  
Net assets at beginning of period $ 254    
Capital Transactions:      
Issuance of shares, Shares 3,659,520 25,404,674 1,000
Issuance of shares $ 37 $ 254  
Common Shares issued from reinvestment of distributions, Shares 47,111    
Net increase (decrease) in net assets resulting from capital transactions, Shares 3,706,631 25,404,674 1,000
Net increase (decrease) in net assets resulting from capital transactions $ 37 $ 254  
Total net increase (decrease), Shares 3,706,631 25,404,674 1,000
Total net increase (decrease) $ 37 $ 254  
Net assets at end of period, Share 29,112,305 25,405,674 1,000
Net assets at end of period $ 291 $ 254  
Paid-in-Capital in Excess of Par Value      
Net assets at beginning of period 635,495 25  
Operations:      
Net Investment Income (1,023) (106)  
Net realized gain (loss) 810    
Net increase (decrease) in net assets resulting from operations (213) (106)  
Capital Transactions:      
Issuance of shares 92,110 635,576 $ 25
Common Shares issued from reinvestment of distributions, Value 1,187    
Net increase (decrease) in net assets resulting from capital transactions 93,297 635,576 25
Total net increase (decrease) 93,084 635,470 25
Net assets at end of period 728,579 635,495 $ 25
Accumulated Net Distributable Earnings (Losses)      
Net assets at beginning of period 1,710    
Operations:      
Net Investment Income 73,296 10,350  
Net realized gain (loss) (194)    
Net change in unrealized appreciation (depreciation) (2,395) (350)  
(Provision) benefit for taxes on unrealized appreciation of assets (374)    
Net increase (decrease) in net assets resulting from operations 70,333 10,000  
Capital Transactions:      
Distributions to shareholders (67,845) (8,290)  
Net increase (decrease) in net assets resulting from capital transactions (67,845) (8,290)  
Total net increase (decrease) $ 2,488 1,710  
Net assets at end of period   $ 1,710  
[1] The Company commenced operations on November 5, 2024. Metrics are based on the period of November 5, 2024 through December 31, 2024.
[2] Period from May 1, 2023 (inception) to December 31, 2023.