v3.26.1
Equity (Tables)
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Schedule of Common Shares Outstanding

The table below details activity related to the Company's outstanding common share classes for the three months ended March 31, 2026 and 2025:

 

 

 

For the Three Months Ended March 31, 2026

 

 

Class S

 

 

Class F-S

 

 

Class I

 

 

Class F-I

 

 

Class E

 

 

Total

 

December 31, 2025

 

 

11,271,609

 

 

 

18,363,286

 

 

 

7,043,621

 

 

 

10,741,516

 

 

 

4,711,151

 

 

 

52,131,183

 

Common shares issued

 

 

3,672,951

 

 

 

 

 

 

2,077,044

 

 

 

38,932

 

 

 

1,415,847

 

 

 

7,204,774

 

Distribution reinvestment

 

 

110,700

 

 

 

187,341

 

 

 

66,636

 

 

 

92,153

 

 

 

87,848

 

 

 

544,678

 

Common shares repurchased

 

 

(20,915

)

 

 

(111,766

)

 

 

(288,696

)

 

 

 

 

 

(73,818

)

 

 

(495,195

)

Share class transfers

 

 

 

 

 

(225,823

)

 

 

(5,131

)

 

 

225,824

 

 

 

5,119

 

 

 

(11

)

March 31, 2026

 

 

15,034,345

 

 

 

18,213,038

 

 

 

8,893,474

 

 

 

11,098,425

 

 

 

6,146,147

 

 

 

59,385,429

 

 

 

 

For the Three Months Ended March 31, 2025

 

 

Class S

 

 

Class F-S

 

 

Class I

 

 

Class F-I

 

 

Class E

 

 

Total

 

December 31, 2024

 

 

2,540,134

 

 

 

18,504,342

 

 

 

1,060,070

 

 

 

9,723,315

 

 

 

2,878,124

 

 

 

34,705,985

 

Common shares issued

 

 

1,889,046

 

 

 

 

 

 

894,822

 

 

 

687,347

 

 

 

374,461

 

 

 

3,845,676

 

Distribution reinvestment

 

 

27,797

 

 

 

145,659

 

 

 

9,502

 

 

 

64,684

 

 

 

34,153

 

 

 

281,795

 

Common shares repurchased

 

 

(1,273

)

 

 

(57,474

)

 

 

 

 

 

 

 

 

(19,138

)

 

 

(77,885

)

March 31, 2025

 

 

4,455,704

 

 

 

18,592,527

 

 

 

1,964,394

 

 

 

10,475,346

 

 

 

3,267,600

 

 

 

38,755,571

 

Schedule of Stock by Class

The below table details shares issued and outstanding for the classes of common shares outstanding as of March 31, 2026 and December 31, 2025:

 

Share Class

 

March 31, 2026

 

 

December 31, 2025

 

Class S common shares, $0.01 par value per share

 

 

15,034,345

 

 

 

11,271,609

 

Class F-S common shares, $0.01 par value per share

 

 

18,213,038

 

 

 

18,363,286

 

Class I common shares, $0.01 par value per share

 

 

8,893,474

 

 

 

7,043,621

 

Class F-I common shares, $0.01 par value per share

 

 

11,098,425

 

 

 

10,741,516

 

Class E common shares, $0.01 par value per share

 

 

6,146,147

 

 

 

4,711,151

 

Total:

 

 

59,385,429

 

 

 

52,131,183

 

The following table details the shares issued subsequent to the end of the period through the date of this report:

 

Title of Securities

 

Number of Shares Sold

 

 

Aggregate Consideration(1)

 

Class S common shares

 

 

3,599,341

 

 

$

74,710

 

Class I common shares

 

 

1,566,338

 

 

 

32,295

 

Class F-I common shares

 

 

541,550

 

 

 

11,207

 

Class E common shares

 

 

797,087

 

 

 

16,486

 

Total:

 

 

6,504,316

 

 

$

134,698

 

 

(1)
Class S common shares include aggregate upfront selling commissions of $500.
Schedule of Distribution Per Share

The table below details the Company's distribution per share for the Company's common share classes for the three months ended March 31, 2026 and 2025:

 

 

For the Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

 

 

Aggregate gross distributions declared per share

 

 

Shareholder servicing fee per share

 

 

Net distributions declared per share

 

 

Aggregate gross distributions declared per share

 

 

Shareholder servicing fee per share

 

 

Net distributions declared per share

 

Class S

 

$

0.3463

 

 

$

(0.0436

)

 

$

0.3027

 

 

$

0.3033

 

 

$

(0.0429

)

 

$

0.2604

 

Class F-S

 

$

0.3816

 

 

$

(0.0438

)

 

$

0.3378

 

 

$

0.3033

 

 

$

(0.0429

)

 

$

0.2604

 

Class I

 

$

0.3463

 

 

$

-

 

 

$

0.3463

 

 

$

0.3033

 

 

$

-

 

 

$

0.3033

 

Class F-I

 

$

0.3816

 

 

$

-

 

 

$

0.3816

 

 

$

0.3033

 

 

$

-

 

 

$

0.3033

 

Class E

 

$

0.4630

 

 

$

-

 

 

$

0.4630

 

 

$

0.3033

 

 

$

-

 

 

$

0.3033