v3.26.1
CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Assets    
Total investments, at fair value (amortized cost of $1,886,113 and $1,460,156, respectively) $ 1,863,644,000 [1],[2] $ 1,468,228,000 [3],[4],[5]
Cash and cash equivalents 23,421,000 19,482,000
Restricted cash and cash equivalents 17,563,000 30,160,000
Receivable for interest, other income, and investments sold 18,660,000 6,695,000
Subscription receivable 0 800,000
Deferred offering costs 351,000 478,000
Prepaid expenses and other assets 8,542,000 5,864,000
Expense support reimbursement (Note 5) 3,600,000 3,600,000
Total assets 1,935,781,000 1,535,307,000
Liabilities    
Debt (Note 6) 959,410,000 544,819,000
Payable for investments purchased 4,297,000 19,775,000
Interest and credit facility fees payable (Note 6) 17,975,000 4,306,000
Net Unrealized Depreciation On Derivatives 6,257,000 480,000
Management and incentive fees payable (Note 5) 5,722,000 5,441,000
Due to Adviser (Note 5) 5,316,000 4,931,000
Distribution payable 7,164,000 5,994,000
Accrued expenses and other liabilities 2,626,000 1,936,000
Administrative service fees payable (Note 5) 425,000 401,000
Common stock proceeds received in advance 3,801,000 521,000
Total liabilities 1,012,993,000 588,604,000
Commitments and contingencies (Note 7)
Net Assets (Note 9)    
Common Stock, Value 482,000 479,000
Paid-in-capital in excess of par value 947,394,000 940,156,000
Total distributable earnings (25,088,000) 6,068,000
Total net assets 922,788,000 946,703,000
Total liabilities and net assets 1,935,781,000 1,535,307,000
Non-Controlled/Non-Affiliated Investments    
Assets    
Total investments, at fair value (amortized cost of $1,886,113 and $1,460,156, respectively) 1,834,575,000 [1],[2] 1,438,228,000 [3],[4],[5]
Non-controlled/affiliated    
Assets    
Total investments, at fair value (amortized cost of $1,886,113 and $1,460,156, respectively) 29,069,000 [1],[2] 30,000,000 [3],[4],[5]
Class I Common Stock [Member]    
Net Assets (Note 9)    
Common Stock, Value 42,868,973,313 42,785,889,544
Total net assets $ 820,114,000 $ 845,177,000
Net asset value per share $ 19.13 $ 19.75
Class S Common Stock [Member]    
Net Assets (Note 9)    
Common Stock, Value $ 5,366,988,719 $ 5,139,570,361
Total net assets $ 102,674,000 $ 101,526,000
Net asset value per share $ 19.13 $ 19.75
[1] The Company uses an internally developed industry classification system which was developed using the Global Industry Classification Standard (“GICS”®) as a reference. All investments are ultimately focused in enterprise software, data and technology-enabled business sectors.
[2] Unless otherwise indicated, all investments held by the Company (the “Company” includes the Company’s consolidated subsidiaries for purposes of this Consolidated Schedule of Investments) are denominated in U.S. dollars and headquartered in the United States. All investments are income producing unless otherwise indicated. Certain portfolio company investments are subject to contractual restrictions on sales. The total par amount (in thousands) is presented for all debt investment and preferred equity. Unit amount is presented for Other Equity, with the exception of HPC GPFS Arsenal Co-Invest (Cayman) LP, HPC Preferred Opportunities, L.P. and Tactical Equipment III, L.P., which presents investment cost.
[3] The Company uses an internally developed industry classification system which was developed using the Global Industry Classification Standard (“GICS”®) as a reference. All investments are ultimately focused in enterprise software, data and technology-enabled business sectors.
[4] The following table shows the portfolio composition by geographic region at amortized cost and fair value as a percentage of total investments in portfolio companies. The geographic composition is determined by the location of the corporate headquarters of the portfolio company, which is not always indicative of the primary source of the portfolio company’s business:
[5] Unless otherwise indicated, all investments held by the Company (the “Company” includes the Company’s consolidated subsidiaries for purposes of this Consolidated Schedule of Investments) are denominated in U.S. dollars and headquartered in the United States. All investments are income producing unless otherwise indicated. Certain portfolio company investments are subject to contractual restrictions on sales. The total par amount (in thousands) is presented for all debt investment and preferred equity. Unit amount is presented for Other Equity, with the exception of HPC GPFS Arsenal Co-Invest (Cayman) LP and Tactical Equipment III, L.P., which presents investment cost.