v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 2 Months Ended 3 Months Ended 11 Months Ended
Mar. 31, 2025
Mar. 31, 2026
Dec. 31, 2025
Cash flows from operating activities:      
Net increase in net assets resulting from operations $ 0 $ 1,625 $ 0
Adjustments to reconcile net increase in net assets resulting from operations to net cash used in operating activities:      
Net realized gain on investments 0 (54) 0
Net realized gain on derivative contracts 0 (486) 0
Net change in unrealized appreciation on investments 0 (3,441) 0
Net change in unrealized depreciation on derivative contracts 0 172 0
Cost of investments purchased 0 (25,685)  
Proceeds from sales and repayments of investments 0 505  
Proceeds from settlement of derivative contracts 0 486  
Changes in operating assets:      
Interest and other income receivable 0 10  
Deferred offering costs 0 392  
Receivable from investment   (230) 0
Changes in operating liabilities:      
Payable for investments purchased 0 (5,770)  
Management fee payable 0 18  
Incentive allocation payable 0 10  
Offering costs payable 0 384  
Due to affiliate 0 705  
Accrued expenses and other liabilities 0 200  
Net cash used in operating activities 0 (31,159)  
Cash flows from financing activities:      
Proceeds from issuance of units 1 34,205  
Redemption of units   (1) 0
Servicing fees paid 0 (2)  
Net cash provided by financing activities 1 34,202  
Net increase in cash and cash equivalents 1 3,043  
Cash and cash equivalents, beginning of period 0 11,176 0
Cash and cash equivalents, end of period 1 14,219 11,176
Supplemental disclosures of non-cash information      
Servicing fees payable $ 0 $ 131 $ 74