v3.26.1
Consolidated Statement of Assets and Liabilities - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Non-controlled, non-affiliated investments (cost of $918,011 and $876,688 at June 30, 2026 and December 31, 2025, respectively) $ 921,452 $ 884,414
Cash 37,790 27,591
Receivable for investments sold 24,130 17,953
Deferred financing costs 5,556 6,496
Interest, dividends and fee receivable 5,206 5,363
Prepaid expenses and other assets 36 85
Total assets 994,170 941,902
Liabilities    
Borrowings 531,265 531,190
Distribution payable 11,166 9,242
Interest payable 7,112 7,831
Payable for investments purchased 3,045 0
Investment income incentive fees payable 2,154 1,616
Management fees payable 1,312 1,044
Contributions received in advance 475 0
Accrued capital gains incentive fees 468 969
Accrued expenses and other liabilities 2,779 2,366
Total liabilities 559,776 554,258
Commitments and contingencies (see Note 7)
Net Assets    
Common stock, $0.01 par value, 200,000,000 shares authorized, 27,234,435 and 24,058,078 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 272 241
Additional paid in capital 432,781 381,471
Distributable earnings (loss) 1,341 5,932
Total net assets 434,394 387,644
Total liabilities and net assets $ 994,170 $ 941,902
Net asset value per share (in dollars per share) $ 15.95 $ 16.11