v3.26.1
Consolidated Statements of Assets and Liabilities (Unaudited) (Parenthetical) - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Amortized cost [3] $ 622,185,130 [1],[2],[4] $ 339,711,331 [5],[6],[7],[8]
Cost 378,830 0
Unamortized debt issuance costs $ 94,497 $ 0
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized unlimited Unlimited Unlimited
Common stock, shares issued 15,534,956 7,598,987
Common stock, shares outstanding 15,534,956 7,598,987
Non-Controlled/Non-Affiliated Investments    
Amortized cost $ 622,185,130 $ 339,711,331
[1] As of March 31, 2026 the Fund held no investments on non-accrual status, meaning that the Fund has ceased accruing interest income on the investment (see Note 2 in the accompanying notes to the consolidated financial statements for additional information about the Fund's accounting policies).
[2] Cost represents amortized cost for debt investments less principal payments, plus capitalized PIK, if any. As of March 31, 2026, the aggregate gross unrealized appreciation for all investments where there was an excess of fair value over tax cost was $3,599,394; the aggregate gross unrealized depreciation for all investments where there was an excess of tax cost over fair value was $7,987,662; the net unrealized depreciation was $4,388,268; the aggregate tax cost of securities for Federal income tax purposes was $620,966,777.
[3] Geographic dispersion represents the country of the issuer and may not represent the operating domicile.
[4] Securities exempt from registration under the Securities Act of 1933, as amended, may be deemed to be “restricted securities." As of March 31, 2026, the Fund held no securities that would be deemed a restricted security.
[5] All of our investments are issued by eligible portfolio companies, as defined in the Investment Company Act of 1940 (the “1940 Act”), unless otherwise noted.
[6] As of December 31, 2025 the Fund held no investments on non-accrual status, meaning that the Fund has ceased accruing interest income on the investment (see Note 2 in the accompanying notes to the consolidated financial statements for additional information about the Fund's accounting policies).
[7] Cost represents amortized cost for debt investments less principal payments, plus capitalized PIK, if any. As of December 31, 2025, the aggregate gross unrealized appreciation for all investments where there was an excess of fair value over tax cost was $1,079,689; the aggregate gross unrealized depreciation for all investments where there was an excess of tax cost over fair value was $453,663; the net unrealized appreciation was $626,027; the aggregate tax cost of securities for Federal income tax purposes was $190,344,272.
[8] Securities exempt from registration under the Securities Act of 1933, as amended, may be deemed to be “restricted securities." As of December 31, 2025, the Fund held no securities that would be deemed a restricted security.