Financial Highlights (Tables)

12 Months Ended

Dec. 31, 2025

Investment Company, Financial Highlights [Abstract]

The following represents ratios to net assets for the period from January 1, 2025 to December 31, 2025. No ratios have been calculated for the period from January 25, 2024 (inception) to December 31, 2024 because there was no investment activity.


Per Share Data1	Year Ended December 31, 2025
Net asset value at Initial Share Issuance	$	25.00
Net investment income (loss)		0.89
Net change in unrealized gains (loss) and net realized gains (losses)		(0.44	)
Net increase (decrease) in net assets from operations		25.45
Capital Activity

Distributions		(0.81	)
Net increase (decrease) in capital activity		(0.81	)
Net asset value at end of period	$	24.64

Total return		4.2		%

Ratios3
Ratio of expenses before expense support and fee waivers to average net assets		9.1		%
Expense support and fee waivers to average net assets2		(2.9	)
Ratio of expenses after expense support and fee waivers to average net assets		6.2
Ratios of net investment income (loss) to average net assets		8.5
Portfolio turnover rate		30.1		%

1 The per share data was derived by using the weighted average shares outstanding for the period August 1, 2025 through December 31, 2025. August 1, 2025 constitutes the Initial Share Issuance.

'2 Represents expenses the Adviser has elected to pay (in accordance with the Expense Support Agreement) and fees elected to waive on behalf of the Company.

'3The ratios to average net assets were calculated using the average net assets for the year ended December 31, 2025. As the Company did not issue shares until August 1, 2025, the average net assets is lower and the ratios are higher than if the Company had issued capital at the beginning of the year.