v3.26.1
Consolidated Statements of Assets and Liabilities - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Investments at fair value: [1],[2] $ 690,969 $ 1,576,550
Cash 34,015 55,380
Foreign cash (cost of $236 and $3,923, respectively) 232 3,982
Interest and dividend receivable 4,775 11,866
Prepaid expenses and other assets 4,189 1,057
Total Assets 734,180 1,648,835
Liabilities    
Debt (net of deferred unamortized debt issuance costs of $3,018 and $7,791, respectively) 147,482 668,807
Distribution payable 3,469 0
Accrued expenses and other liabilities 14,593 17,455
Total Liabilities 171,104 698,445
Commitments and contingencies (Note 7)
Net Assets    
Common shares $0.01 par value, 450,000,000 shares authorized; 115,645,897 and 114,946,017 shares issued and outstanding, respectively 1,156 1,149
Additional paid-in-capital 689,423 1,021,360
Accumulated undistributed (overdistributed) earnings (127,503) (72,119)
Total Net Assets 563,076 950,390
Total Liabilities and Net Assets $ 734,180 $ 1,648,835
Net Asset Value Per Share (in usd per share) $ 4.87 $ 8.27
Affiliated Entity    
Liabilities    
Payables to affiliates $ 5,560 $ 12,183
Non-controlled, non-affiliated investments    
Assets    
Investments at fair value: 664,902 1,538,232
Non-controlled, affiliated investments    
Assets    
Investments at fair value: 25,756 37,981
Investment income from controlled, affiliated investments:    
Assets    
Investments at fair value: $ 311 $ 337
[1] Certain portfolio company investments are subject to contractual restrictions on sales. Refer to footnote 30 for additional information on the Company’s restricted securities.
[2] Unless otherwise indicated, all or a portion of the Company’s portfolio companies are pledged as collateral supporting the available capacity under the SPV Asset Facility. See “Note 5 — Debt.”