v3.26.1
Borrowings - SPV Credit Facility (Details) - USD ($)
$ in Thousands
Feb. 10, 2026
Mar. 31, 2026
Feb. 09, 2026
Dec. 31, 2025
Borrowings        
Fair value   $ 5,804,557 [1],[2]   $ 5,819,755 [3],[4]
SPV Credit Facility        
Borrowings        
Maximum borrowing capacity $ 575,000 $ 575,000 $ 450,000  
Maximum borrowing capacity, percentage of the principal balance of company's portfolio company investments   72.00%    
Maximum percentage of advance rate on the portfolio   67.00%    
Increase in total facility amount $ 1,000,000      
Interest rate, basis spread 0.50%      
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] Adjusted Term SOFR      
Interest rate, floor 0.50%      
Commitment fee (in percent) 0.35%      
Weighted average interest rate   5.60%   6.30%
SPV Credit Facility | During the reinvestment period | Minimum        
Borrowings        
Interest rate, basis spread 1.90%      
SPV Credit Facility | During the reinvestment period | Maximum        
Borrowings        
Interest rate, basis spread 2.20%      
SPV Credit Facility | After the reinvestment period        
Borrowings        
Interest rate, basis spread 2.50%      
SPV Credit Facility | Asset pledged as collateral        
Borrowings        
Fair value   $ 654,765   $ 583,700
[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).