Net Assets (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Net Assets [Abstract] |
|
| Summary of Shares Issued and Net Proceeds |
The table below summarizes the Shares issued and net proceeds during the following periods:
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($ in thousands) |
|
Subscriptions Effective |
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Shares Issued |
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Net Proceeds |
|
Year ended December 31, 2025 |
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|
|
|
|
|
August 1, 2025 |
|
|
30,501,210 |
|
|
$ |
762,530 |
|
September 1, 2025 |
|
|
31,969 |
|
|
|
800 |
|
October 1, 2025 |
|
|
1,358,688 |
|
|
|
33,976 |
|
November 1, 2025 |
|
|
1,004,436 |
|
|
|
25,000 |
|
December 1, 2025 |
|
|
1,852,351 |
|
|
|
46,010 |
|
|
|
|
34,748,654 |
|
|
$ |
868,316 |
|
|
| Schedule of Net Asset Value Per Share |
The below table details net asset value per Share since the Initial Share Issuance:
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Period from Initial Share Issuance to December 31, 2025 |
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NAV Per Share |
|
August 1, 2025 |
|
$ |
25.00 |
|
August 31, 2025 |
|
|
|
|
25.02 |
|
September 30, 2025 |
|
|
25.01 |
|
October 31, 2025 |
|
|
24.89 |
|
November 30, 2025 |
|
|
24.84 |
|
December 31, 2025 |
|
|
24.64 |
|
|
| Summary of Company's Distributions |
The following tables summarize the Company’s distributions with a record date during the following periods:
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Declaration Date1 |
|
Record Date |
|
Payment Date |
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Shares
Outstanding |
|
|
Distribution
Per Share |
|
|
Total
Distributions
Declared |
|
August 27, 2025 |
|
August 31, 2025 |
|
September 30, 2025 |
|
|
30,501,210 |
|
|
|
0.1458 |
|
|
$ |
4,448 |
|
September 30, 2025 |
|
September 30, 2025 |
|
October 31, 2025 |
|
|
30,566,728 |
|
|
|
0.1512 |
|
|
|
4,621 |
|
October 23, 2025 |
|
October 31, 2025 |
|
November 25, 2025 |
|
|
31,960,592 |
|
|
|
0.1563 |
|
|
|
4,995 |
|
November 19, 2025 |
|
November 30, 2025 |
|
December 23, 2025 |
|
|
33,002,936 |
|
|
|
0.1659 |
|
|
|
5,476 |
|
December 17, 2025 |
|
December 31, 2025 |
|
January 27, 2026 |
|
|
34,892,021 |
|
|
|
0.1708 |
|
|
|
5,958 |
|
Total distributions declared for from the period of Initial Share Issuance to December 31, 2025 |
|
|
$ |
25,499 |
|
|
| Summary of Distributions Reinvested |
The following table summarizes the Company's distributions reinvested for the year ended December 31, 2025:
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($ in thousands) |
|
Record Date |
|
Reinvest Date |
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DRIP Shares Issued |
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|
Amount ($) per share |
|
|
DRIP Shares Value |
|
August 31, 2025 |
|
September 1, 2025 |
|
|
33,548 |
|
|
$ |
25.02 |
|
|
$ |
840 |
|
September 30, 2025 |
|
October 1, 2025 |
|
|
35,175 |
|
|
|
25.01 |
|
|
|
880 |
|
October 31, 2025 |
|
November 1, 2025 |
|
|
37,908 |
|
|
|
24.89 |
|
|
|
944 |
|
November 30, 2025 |
|
December 1, 2025 |
|
|
36,735 |
|
|
|
24.84 |
|
|
|
912 |
|
|
|
|
|
|
143,367 |
|
|
|
|
|
$ |
3,575 |
|
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