v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net increase/(decrease) in Net Assets resulting from operations $ 26,561 $ 1,004
Adjustments to reconcile net increase/(decrease) in Net Assets resulting from operations to net cash, cash equivalents provided by/(used in) operating activities:    
Amortization of debt issuance and financing costs 994 513
Accretion/amortization of original issue discount/premium on investments (2,445) (86)
Paid-in-kind interest on investments (244) (25)
Net realized gain/(loss) on investments 28,605 (14)
Net change in unrealized gain/(loss) on investments (6,511) (704)
Net change in unrealized gain/(loss) on forward foreign currency contracts (546) 44
Net change in unrealized gain/(loss) on foreign currency translation on loans payable (905)  
Purchases of investments and derivatives (720,909) (348,380)
Proceeds from sales and paydowns of investments 271,286 13,822
Changes in operating assets and liabilities:    
(Increase)/decrease in interest receivable (15,502) (1,719)
(Increase)/decrease in receivable for investments sold 9,079  
(Increase)/decrease in deferred offering costs 428 (997)
(Increase)/decrease in other assets 661 (141)
Increase/(decrease) in interest payable 4,270 984
Increase/(decrease) in due to affiliates   30,365
Increase/(decrease) in payable for investments purchased (78,474) 3,358
Increase/(decrease) in subscription received in advance   50
Increase/(decrease) in incentive fee payable 1,015 88
Increase/(decrease) in accrued expenses and other liabilities (393) 1,505
Net cash provided by/(used in) operating activities (483,030) (300,333)
Cash flows from financing activities    
Proceeds from issuance of common shares 221,313  
Distribution paid to Shareholders, net of distribution payable (34,796)  
Payment for debt issuance and financing costs (3,620) (1,940)
Drawdown on loans 592,011 311,000
Repayment of loans (360,100)  
Net cash provided by/(used in) financing activities 414,808 309,060
Net increase/(decrease) in cash, foreign currencies, cash equivalents and restricted cash, restricted foreign currencies, restricted cash equivalents (68,222) 8,727
Cash, foreign currencies, cash equivalents and restricted cash, restricted foreign currencies, restricted cash equivalents at beginning of the period 95,213  
Cash, foreign currencies, cash equivalents and restricted cash, restricted foreign currencies, restricted cash equivalents at end of the period 26,991 8,727
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 16,536 $ 943
Cash paid during the period for taxes 95  
Distributions declared for the period 44,498  
Supplemental disclosure of non-cash financing activities:    
Shares issued in connection with the reinvestment plan 7,636  
Change in distribution payable $ 2,066