For the six months ended June 30,

2026

2025

Per Share Activity

Net asset value per share attributable to common shareholders, beginning of period

$

34.51

$

29.83

Net investment income (loss)1

0.31

0.39

Net realized and unrealized gain (loss)1

(0.07

)

3.88

Net increase (decrease) in net assets resulting from operations

0.24

4.27

Distributions paid (declared) to shareholders1

(0.03

)

(0.02

)

Incentive Allocation attributable to the Investment Adviser1

(0.11

)

(0.92

)

Net increase (decrease) in net assets attributable to common shareholders

0.10

3.33

Net asset value per share attributable to common shareholders, end of period

$

34.61

$

33.16

Number of Shares outstanding at end of period

4,917,011

3,662,571

Total return before Incentive Allocation2

0.70

%

14.31

%

Total return after Incentive Allocation2

0.38

%

11.16

%

Ratios to Average Net Assets Attributable to Common Shareholders:

Net assets attributable to common shareholders, end of period

$

170,157,278

$

121,441,778

Net investment income (loss) before Incentive Allocation3

1.81

%

2.53

%

Net investment income (loss) after Incentive Allocation3

1.47

%

(0.47

)%

Total expenses before Incentive Allocation3

2.49

%

2.95

%

Total expenses after Incentive Allocation3

2.83

%

5.95

%

Portfolio turnover4

0.00

%

0.00

%