v3.26.1
FAIR VALUE MEASUREMENTS - Unobservable Inputs (Details)
$ in Thousands
Jun. 30, 2026
USD ($)
Dec. 31, 2025
USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value $ 3,554,287 [1],[2] $ 3,771,546 [3],[4]
Level 3    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value 3,412,178 3,711,453
Level 3 | First Lien Debt [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value 3,305,047 3,611,829
Level 3 | First Lien Debt [Member] | Yield Analysis | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value $ 3,191,868 $ 3,489,094
Level 3 | First Lien Debt [Member] | Yield Analysis | Minimum | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 7.4 7.48
Level 3 | First Lien Debt [Member] | Yield Analysis | High | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 22 39.21
Level 3 | First Lien Debt [Member] | Yield Analysis | Weighted Average | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [6] 10.13 9.3
Level 3 | First Lien Debt [Member] | Market Approach | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value $ 99,798 $ 122,735
Level 3 | First Lien Debt [Member] | Market Approach | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value $ 13,381  
Level 3 | First Lien Debt [Member] | Market Approach | Minimum | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 6.25 6.25
Level 3 | First Lien Debt [Member] | Market Approach | Minimum | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 0.45  
Level 3 | First Lien Debt [Member] | Market Approach | High | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 12 10
Level 3 | First Lien Debt [Member] | Market Approach | High | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 0.6  
Level 3 | First Lien Debt [Member] | Market Approach | Weighted Average | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [6] 7.96 8.11
Level 3 | First Lien Debt [Member] | Market Approach | Weighted Average | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [6] 0.54  
Level 3 | Second Lien Debt [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value $ 52,861 $ 51,097
Level 3 | Second Lien Debt [Member] | Yield Analysis | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value $ 51,156 $ 46,786
Level 3 | Second Lien Debt [Member] | Yield Analysis | Minimum | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 13.45 12.27
Level 3 | Second Lien Debt [Member] | Yield Analysis | High | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 20.42 20.37
Level 3 | Second Lien Debt [Member] | Yield Analysis | Weighted Average | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [6] 15.48 18.69
Level 3 | Second Lien Debt [Member] | Market Approach | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value $ 1,705 $ 4,311
Level 3 | Second Lien Debt [Member] | Market Approach | Minimum | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 6.25 7.75
Level 3 | Second Lien Debt [Member] | Market Approach | High | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 9.5 10
Level 3 | Second Lien Debt [Member] | Market Approach | Weighted Average | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [6] 7.37 8.34
Level 3 | Other Debt Investments [Member]    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value $ 7,149 $ 10,114
Level 3 | Other Debt Investments [Member] | Yield Analysis | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value $ 6,372 $ 8,995
Level 3 | Other Debt Investments [Member] | Yield Analysis | Minimum | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5]   13.7
Level 3 | Other Debt Investments [Member] | Yield Analysis | High | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5]   14.95
Level 3 | Other Debt Investments [Member] | Yield Analysis | Weighted Average | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [6] 18.45 14.65
Level 3 | Other Debt Investments [Member] | Market Approach | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value $ 777 $ 1,119
Level 3 | Other Debt Investments [Member] | Market Approach | Minimum | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5]   6.25
Level 3 | Other Debt Investments [Member] | Market Approach | High | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5]   7.75
Level 3 | Other Debt Investments [Member] | Market Approach | Weighted Average | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [6] 6.25 7.75
Level 3 | Investment Preferred Equity [Member] | Income Approach | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value $ 13,655 $ 19,519
Level 3 | Investment Preferred Equity [Member] | Income Approach | Minimum | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 9.98 11.59
Level 3 | Investment Preferred Equity [Member] | Income Approach | High | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 18 15.66
Level 3 | Investment Preferred Equity [Member] | Income Approach | Weighted Average | Discount Rate    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 16.27 [6] 12.71 [5]
Level 3 | Investment Preferred Equity [Member] | Market Approach    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value   $ 2,900
Level 3 | Investment Preferred Equity [Member] | Market Approach | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value $ 13,238 $ 4,511
Level 3 | Investment Preferred Equity [Member] | Market Approach | Minimum | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 6.25 7.75
Level 3 | Investment Preferred Equity [Member] | Market Approach | High | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 18 15.43
Level 3 | Investment Preferred Equity [Member] | Market Approach | Weighted Average | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 13.79 [6] 13.23 [5]
Level 3 | Investments in Common Equity [Member] | Market Approach | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value $ 17,696 $ 11,802
Level 3 | Investments in Common Equity [Member] | Market Approach | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment Owned, Fair Value $ 2,532 $ 2,581
Level 3 | Investments in Common Equity [Member] | Market Approach | Minimum | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 6.25 1.2
Level 3 | Investments in Common Equity [Member] | Market Approach | Minimum | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 1 5
Level 3 | Investments in Common Equity [Member] | Market Approach | High | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 17.75 24.6
Level 3 | Investments in Common Equity [Member] | Market Approach | High | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input [5] 20.25 22.25
Level 3 | Investments in Common Equity [Member] | Market Approach | Weighted Average | EBITDA Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 12.09 [6] 11.51 [5]
Level 3 | Investments in Common Equity [Member] | Market Approach | Weighted Average | Revenue Multiple    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Measurement input 10.98 [6] 15.8 [5]
[1] Unless otherwise indicated, issuers of debt and equity investments held by the Company (which such term “Company” includes the Company’s consolidated subsidiaries for purposes of this Consolidated Schedule of Investments) are denominated in dollars. All debt investments are income producing unless otherwise indicated. All equity investments (including preferred equity investments) are non-income producing unless otherwise noted. Certain portfolio company investments are subject to contractual restrictions on sales. Under the Investment Company Act of 1940, as amended (together with the rules and regulations promulgated thereunder, the “1940 Act”), the Company would be deemed to “control” a portfolio company if the Company owned more than 25% of its outstanding voting securities and/or held the power to exercise control over the management or policies of the portfolio company. As of June 30, 2026, the Company “controls” one of its portfolio companies, as indicated below. Under the 1940 Act, the Company would be deemed an “affiliated person” of a portfolio company if the Company owns 5% or more of the portfolio company’s outstanding voting securities. As of June 30, 2026, the Company was an “affiliated person” of four of its portfolio companies, as indicated below.
[2] Unless otherwise indicated, the Company’s investments are pledged as collateral supporting the amounts outstanding under the Truist Credit Facility (as defined below). See Note 6 “Debt” for further information.
[3] Unless otherwise indicated, issuers of debt and equity investments held by the Company (which such term “Company” shall include the Company’s consolidated subsidiaries for purposes of this Consolidated Schedule of Investments) are denominated in dollars. All debt investments are income producing unless otherwise indicated. All equity investments (including preferred equity investments) are non-income producing unless otherwise noted. Certain portfolio
company investments are subject to contractual restrictions on sales. Under the 1940 Act, the Company would be deemed to “control” a portfolio company if the Company owned more than 25% of its outstanding voting securities and/or held the power to exercise control over the management or policies of the portfolio company. As of December 31, 2025, the Company does not “control” any of these portfolio companies. Under the 1940 Act, the Company would be deemed an “affiliated person” of a portfolio company if the Company owns 5% or more of the portfolio company’s outstanding voting securities. As of December 31, 2025, the Company is an “affiliated person” of one of its portfolio companies, as indicated below.
[4] Unless otherwise indicated, the Company’s investments are pledged as collateral supporting the amounts outstanding under the Truist Credit Facility (as defined below). See Note 6 “Debt”.
[5] For an asset category that contains a single investment, the range is not included.
[6] Weighted average for an asset category consisting of multiple investments is calculated by weighting the significant unobservable input by the relative fair value of the investment. Weighted average for an asset category consisting of a single investment represents the significant unobservable input used in the fair value of the investment.