| Schedule of Investments |
Investments at fair value and amortized cost consisted of the following as of June 30, 2026 and December 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | (Amounts in thousands) | Amortized Cost | | Fair Value | | Amortized Cost | | Fair Value | | First lien senior secured debt | $ | 4,698,541 | | | $ | 4,685,584 | | | $ | 4,189,885 | | | $ | 4,173,995 | | | Sponsor subordinated note | 415 | | | 65 | | | 413 | | | 59 | | | Investment in affiliated funds | 88,338 | | | 103,083 | | | 87,345 | | | 103,670 | | | Joint ventures | 32,550 | | | 32,615 | | | — | | | — | | | Total investments | $ | 4,819,844 | | | $ | 4,821,347 | | | $ | 4,277,643 | | | $ | 4,277,724 | |
The industry composition of investments based on fair value as of June 30, 2026 and December 31, 2025 was as follows: | | | | | | | | | | | | | June 30, 2026(1) | | December 31, 2025(1) | | Aerospace and defense | 1.8 | % | | 2.0 | % | | Air freight and logistics | 0.5 | % | | 0.5 | % | | Auto components | 2.3 | % | | 2.7 | % | | Building products | 0.5 | % | | 0.5 | % | | Chemicals | 2.1 | % | | 2.3 | % | | Commercial services and supplies | 3.3 | % | | 3.3 | % | | Construction and engineering | 3.9 | % | | 4.3 | % | | Containers and packaging | 2.5 | % | | 2.5 | % | | Distributors | — | % | | — | % | | Diversified consumer services | 6.4 | % | | 6.8 | % | | Diversified financial services | 0.3 | % | | — | % | | Electrical equipment | 2.0 | % | | 1.6 | % | | Electronic equipment, instruments and components | 0.9 | % | | 1.0 | % | | Electric utilities | 0.2 | % | | — | % | | Food and staples retailing | 1.8 | % | | 2.1 | % | | Food products | 2.1 | % | | 2.3 | % | | Gas utilities | — | % | | — | % | | Health care equipment and supplies | 3.0 | % | | 2.7 | % | | Health care providers and services | 26.2 | % | | 25.2 | % | | Health care technology | 2.8 | % | | 1.1 | % | | Household durables | 3.0 | % | | 3.5 | % | | Industrial Conglomerates | 0.3 | % | | 0.4 | % | | Insurance | 0.8 | % | | 0.5 | % | | Interactive Media & Services | 0.5 | % | | 0.5 | % |
| | | | | | | | | | | | | June 30, 2026(1) | | December 31, 2025(1) | | Internet and direct marketing retail | 0.4 | % | | 0.5 | % | | IT services | 3.0 | % | | 2.9 | % | | Leisure equipment and products | 0.4 | % | | 0.2 | % | | Leisure products | — | % | | — | % | | Life sciences tools and services | 1.6 | % | | 1.5 | % | | Machinery | 3.2 | % | | 3.3 | % | | Media | 7.5 | % | | 7.8 | % | | Multiline Retail | 1.1 | % | | 1.3 | % | | Multisector holdings | 2.8 | % | | 2.4 | % | | Pharmaceuticals | — | % | | — | % | | Personal products | — | % | | — | % | | Professional services | 1.0 | % | | 0.9 | % | | Real estate management and development | 0.1 | % | | 0.1 | % | | Road and rail | — | % | | — | % | | Semiconductors and semiconductor equipment | — | % | | — | % | | Software | 2.0 | % | | 2.3 | % | | Specialty retail | 1.3 | % | | 0.6 | % | | Textiles, apparel and luxury goods | 0.6 | % | | 0.8 | % | | Trading companies and distributors | 7.5 | % | | 9.5 | % | | Water utilities | 0.1 | % | | 0.1 | % | | Total | 100.0 | % | | 100.0 | % |
(1)Certain industries round to less than 0.1% as of June 30, 2026 and December 31, 2025.
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