v3.26.1
CONSOLIDATED FINANCIAL HIGHLIGHTS (Tables)
 3 Months Ended
Mar. 31, 2026
Investment Company [Abstract]  
Schedule of Financial Highlights The following financial highlights relate to investment performance and operations for each class of Unit outstanding for
the three months ended March 31, 2026.
For the three months ended March 31, 2026
Class A-S Units
Class A-I Units
Class E-S Units
Class E-I Units
Class E-A Units
Class C Units
Class Inception Date
Oct 1, 2025
Oct 1, 2025
Dec 1, 2025
Nov 3, 2025
Mar 2, 2026
Oct 1, 2025
Per Unit Data:
Net asset value per Unit,
beginning of period
$21.89
$23.84
$25.46
$27.24
$—
$26.20
Proceeds from Units issued (1)
—
—
—
0.38
28.40
0.74
Net investment loss (2)
(0.73)
(0.78)
(0.87)
(0.92)
(0.31)
(0.67)
Net realized and unrealized
gain on investments, including
derivative contracts (2)
1.25
1.35
1.45
1.56
0.63
1.53
Servicing fees
(0.08)
—
(0.06)
—
(1.16)
—
Net asset value per Unit, end of
period
$22.33
$24.41
$25.98
$28.26
$27.56
$27.80
Number of Units outstanding, end
of period
29,000
868,820
11,050
1,923,732
48,143
148,072
Total return based on net asset
value (3)
2.01%
2.39%
2.04%
3.74%
(2.96)%
6.11%
Ratio to Weighted-Average Net
Assets(4):
Incentive Allocation
(0.85)%
(0.78)%
(0.70)%
(0.65)%
(0.25)%
—%
Total Expenses before waived
expenses
(3.82)%
(3.73)%
(3.64)%
(3.57)%
(1.19)%
(2.72)%
Total waived expenses
0.24%
0.22%
—%
—%
—%
—%
Total Expenses after waived
expenses
(3.57)%
(3.50)%
(3.64)%
(3.57)%
(1.19)%
(2.72)%
Net investment loss
(3.31)%
(3.24)%
(3.37)%
(3.31)%
(1.11)%
(2.46)%
________________
(1)Represents the per Unit impact of subscriptions during the period. The difference between issuance price (Transactional NAV) and U.S. GAAP net asset
value throughout the period, as well as the timing of Unit issuances, may result in subscriptions may be accretive (or dilutive) to net asset value per Unit. 
(2)Net investment loss per Unit was calculated as net investment loss for the period divided by the weighted average number of Units outstanding for the
period.
(3)Total return based on net asset value (not annualized) is calculated as the change in net asset value per Unit during the period divided by the net asset
value per Unit at the beginning of the period. For unit classes with an inception date during the period, total return is calculated as the change in net asset
value per Unit from the Class inception date through March 31, 2026 divided by the net asset value per Unit at the Class inception date. Total return does
not include upfront transaction fees, if any.as of the beginning of the period. For unit classes with an inception date during the period, total return is
calculated from the class inception date.
(4)These ratios to average net assets have not been annualized.