v3.26.1
SIGNIFICANT ACCOUNTING POLICIES (Details)
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
segment
Jun. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Cash equivalents $ 58,122,000 $ 115,770,000 $ 58,122,000 $ 115,770,000 $ 46,560,000
Payment-in-kind interest income 2,414,000 1,639,000 4,729,000 3,183,000  
Dividend income 3,000 9,000 3,000 9,000  
Other income 350,000 366,000 570,000 542,000  
Investment owned, fair value $ 3,255,885,000 [1],[2]   $ 3,255,885,000 [1],[2]   $ 2,155,846,000 [3],[4]
Fair Value as % of Net Assets 220.63% [1],[2],[5]   220.63% [1],[2],[5]   155.32% [3],[4],[6]
Offering costs $ 43,000 408,000 $ 240,000 419,000  
Noninterest expense offering cost 200,000 242,000 436,000 429,000  
Excise taxes 0 $ 0 $ 0 $ 0  
Number of reportable segments | segment     1    
Non-Accrual Loans          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
Investment owned, fair value $ 17,208,000   $ 17,208,000   $ 0
Fair Value as % of Net Assets 0.53%   0.53%   0.00%
Investments at Fair Value | Investment Type Concentration Risk          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
% of Fair Value     100.00%   100.00%
Investments at Fair Value | Investment Type Concentration Risk | Payment in Kind (PIK) Note          
New Accounting Pronouncements or Change in Accounting Principle [Line Items]          
% of Fair Value 3.66% 3.62% 4.05% 3.62%  
[1] All investments are non-controlled/non-affiliated investments as defined by the Investment Company Act of 1940, as amended (the “1940 Act”). The 1940 Act classifies investments based on the level of control that the Fund maintains in a particular portfolio company. As defined in the 1940 Act, a portfolio company is generally presumed to be “non-controlled” when the Fund owns 25% or less of the portfolio company’s voting securities and “controlled” when the Fund owns more than 25% of the portfolio company’s voting securities. The 1940 Act also classifies investments further based on the level of ownership that the Fund maintains in a particular portfolio company. As defined in the 1940 Act, a company is generally deemed as “non-affiliated” when the Fund owns less than 5% of a portfolio company’s voting securities and “affiliated” when the Fund owns 5% or more of a portfolio company’s voting securities.
[2] Refer to Note 3 “Investments” for the geographic composition of investments at cost and fair value.
[3] All investments are non-controlled/non-affiliated investments as defined by the Investment Company Act of 1940, as amended (the “1940 Act”). The 1940 Act classifies investments based on the level of control that the Fund maintains in a particular portfolio company. As defined in the 1940 Act, a portfolio company is generally presumed to be “non-controlled” when the Fund owns 25% or less of the portfolio company’s voting securities and “controlled” when the Fund owns more than 25% of the portfolio company’s voting securities. The 1940 Act also classifies investments further based on the level of ownership that the Fund maintains in a particular portfolio company. As defined in the 1940 Act, a company is generally deemed as “non-affiliated” when the Fund owns less than 5% of a portfolio company’s voting securities and “affiliated” when the Fund owns 5% or more of a portfolio company’s voting securities.
[4] Refer to Note 3 “Investments” for the geographic composition of investments at cost and fair value.
[5] Percentage is based on net assets of $1,475,668 as of June 30, 2026.
[6] Percentage is based on net assets of $1,388,129 as of December 31, 2025.