v3.26.1
CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Investments    
Non-controlled/non-affiliate company investments, at fair value (cost of $3,290,792 and $2,164,611, respectively) $ 3,255,885 $ 2,155,846
Cash 9,092 7,627
Cash equivalents 58,122 46,560
Interest receivable 20,447 13,332
Due from affiliate for expense support (See Note 5) 2,611 2,316
Receivable for investments sold 4,945 431
Deferred offering costs 189 404
Prepaid expenses 206 46
Total assets 3,351,497 2,226,562
Liabilities    
Secured borrowings (net of $10,796 and $9,022 deferred financing and issuance costs, respectively) (See Note 6) 1,795,204 786,478
Payable for investments purchased 5,154 10,809
Management fees payable 924 868
Incentive fees payable 4,722 4,425
Interest payable 16,097 6,783
Due to affiliate for expense support (See Note 5) 2,611 2,316
Distributions payable 10,711 9,764
Payable for share repurchases 33,392 13,999
Board of Trustees' fees payable 127 128
Offering costs payable 185 0
Accounts payable and accrued expenses 6,702 2,863
Total liabilities 1,875,829 838,433
Commitments and contingencies (See Note 7)
Net Assets: (See Note 8)    
Paid-in-capital in excess of par value 1,524,366 1,408,419
Total distributable earnings (loss) (49,316) (20,861)
Total net assets 1,475,668 1,388,129
Total liabilities and net assets 3,351,497 2,226,562
Class S Common Shares    
Net Assets: (See Note 8)    
Common shares of beneficial interest 18 18
Class D Common Shares    
Net Assets: (See Note 8)    
Common shares of beneficial interest 13 13
Class I Common Shares    
Net Assets: (See Note 8)    
Common shares of beneficial interest 587 540
Non-controlled/Non-affiliated    
Investments    
Non-controlled/non-affiliate company investments, at fair value (cost of $3,290,792 and $2,164,611, respectively) $ 3,255,885 $ 2,155,846