v3.26.1
Agreements and Related Party Transactions (Tables)
 6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Schedule of Shareholder Servicing and/or Distribution Fees
The following table shows the shareholder servicing and/or distribution fees we pay the Intermediary Manager under the Intermediary Manager Agreement with respect to the Class S, Class D and Class I shares on an annualized basis as a percentage of our NAV for such class. The shareholder servicing and/or distribution fees will be paid monthly in arrears, calculated using the NAV of the applicable class as of the beginning of the first calendar day of the month.
Shareholder Servicing
and/or Distribution
Fee as a % of NAV
 
Class S shares
0.85%
Class D shares
0.25%
Class I shares
—%
Schedule of Investments in and Affiliated Funds
Fair value for the three and six months ended June 30, 2026 and 2025, and transactions of the Company’s investments in affiliates were as follows:

Investment in Affiliated Funds at Fair Value for the Three Months Ended June 30, 2026
(Amounts in thousands)Fair Value as of April 1, 2026Gross AdditionsGross ReductionsNet Realized Gain (Loss)Net Change in Unrealized
Appreciation (Depreciation)		Fair Value as of
June 30, 2026		Dividend, Interest, PIK and Other
Income
Non-controlled/affiliated investments
Twin Brook Equity Holdings, LLC$98,589 $2,337 $(502)$2 $2,641 $103,067 $21 
Twin Brook Segregated Equity Holdings, LLC16 — — — — 16 — 
Total non-controlled/affiliated investments$98,605 $2,337 $(502)$2 $2,641 $103,083 $21 
Controlled/affiliated investments
TB Senior Loan Fund 1, LLC$— $32,550 $— $— $65 $32,615 $393 
Total controlled/affiliated investments$— $32,550 $— $— $65 $32,615 $393 
Investment in Affiliated Funds at Fair Value for the Six Months Ended June 30, 2026
(Amounts in thousands)Fair Value as of January 1, 2026Gross AdditionsGross ReductionsNet Realized Gain (Loss)Net Change in Unrealized
Appreciation (Depreciation)		Fair Value as of
June 30, 2026		Dividend, Interest, PIK and Other
Income
Non-controlled/affiliated investments
Twin Brook Equity Holdings, LLC$103,655 $5,157 $(8,963)$4,799 $(1,581)$103,067 $21 
Twin Brook Segregated Equity Holdings, LLC15 — — — 1 16 — 
Total non-controlled/affiliated investments$103,670 $5,157 $(8,963)$4,799 $(1,580)$103,083 $21 
Controlled/affiliated investments
TB Senior Loan Fund 1, LLC$— $32,550 $— $— $65 $32,615 $393 
Total controlled/affiliated investments$— $32,550 $— $— $65 $32,615 $393 

Investment in Affiliated Funds at Fair Value for the Three Months Ended June 30, 2025
(Amounts in thousands)Fair Value as of April 1, 2025Gross AdditionsGross ReductionsNet Realized Gain (Loss)Net Change in Unrealized
Appreciation (Depreciation)		Fair Value as of
June 30, 2025		Dividend, Interest, PIK and Other
Income
Non-controlled/affiliated investments
Twin Brook Equity Holdings, LLC$85,539 $4,271 $(1,540)$369 $3,214 $91,853 $— 
Twin Brook Segregated Equity Holdings, LLC19 — — — (4)15 — 
Total non-controlled/affiliated investments$85,558 $4,271 $(1,540)$369 $3,210 $91,868 $— 
Investment in Affiliated Funds at Fair Value for the Six Months Ended June 30, 2025
(Amounts in thousands)Fair Value as of January 1, 2025Gross AdditionsGross ReductionsNet Realized Gain (Loss)Net Change in Unrealized
Appreciation (Depreciation)		Fair Value as of
June 30, 2025		Dividend, Interest, PIK and Other
Income
Non-controlled/affiliated investments
Twin Brook Equity Holdings, LLC$80,638 $7,775 $(2,084)$714 $4,810 $91,853 $— 
Twin Brook Segregated Equity Holdings, LLC16 — — — (1)15 — 
Total non-controlled/affiliated investments$80,654 $7,775 $(2,084)$714 $4,809 $91,868 $—