v3.26.1
Investments - Schedule of Changes in Fair Value of Investments (Details) - Level 3 - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Schedule of Investments [Line Items]        
Fair value, beginning balance $ 601,679 $ 420,123 $ 583,775 $ 0
Net realized gains (losses) 151 527 177 564
Net change in unrealized gains (losses) 362 (251) (6,296) (135)
Net amortization on investments 229 355 470 364
Purchases, including capitalized PIK 61,774 [1] 28,459 [2] 92,794 [1] 452,061 [2]
Sales (18,192) [1] (3,763) [2] (24,917) [1] (7,404) [2]
Transfers out of Level 3 (24,434) 0 [3] (24,434) 0 [3]
Transfers into Level 3 0 [4] 0 [3] 0 [4] 0 [3]
Fair value, ending balance 621,569 445,450 621,569 445,450
Net change in unrealized gains (losses) on Level 3 investments still held $ 362 $ (251) $ (6,296) $ (135)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax Unrealized Gain (Loss), Investment, Derivative, and Foreign Currency Transaction Price Change, Operating, after Tax
First Lien Secured Debt        
Schedule of Investments [Line Items]        
Fair value, beginning balance $ 599,800 [5] $ 420,108 [6] $ 582,999 [5] $ 0 [6]
Net realized gains (losses) 151 [5] 527 [6] 177 [5] 564 [6]
Net change in unrealized gains (losses) 483 [5] (251) [6] (6,193) [5] (135) [6]
Net amortization on investments 229 [5] 355 [6] 470 [5] 364 [6]
Purchases, including capitalized PIK 61,745 [1],[5] 28,459 [2],[6] 91,680 [1],[5] 452,046 [2],[6]
Sales (18,192) [1],[5] (3,763) [2],[6] (24,917) [1],[5] (7,404) [2],[6]
Transfers out of Level 3 (24,434) 0 [3],[6] (24,434) 0 [3],[6]
Transfers into Level 3 0 [4],[5] 0 [3],[6] 0 [4],[5] 0 [3],[6]
Fair value, ending balance 619,782 [5] 445,435 [6] 619,782 [5] 445,435 [6]
Net change in unrealized gains (losses) on Level 3 investments still held 483 [5] (251) [6] (6,193) [5] (135) [6]
Preferred Equity        
Schedule of Investments [Line Items]        
Fair value, beginning balance 15 15 15 0
Net realized gains (losses) 0 0 0 0
Net change in unrealized gains (losses) 0 0 0 0
Net amortization on investments 0 0 0 0
Purchases, including capitalized PIK 0 [1] 0 [2] 0 [1] 15 [2]
Sales 0 [1] 0 [2] 0 [1] 0 [2]
Transfers out of Level 3 0 [3] 0 [3]
Transfers into Level 3 0 [4] 0 [3] 0 [4] 0 [3]
Fair value, ending balance 15 15 15 15
Net change in unrealized gains (losses) on Level 3 investments still held 0 0 0 0
Common Equity        
Schedule of Investments [Line Items]        
Fair value, beginning balance 1,864 0 761 0
Net realized gains (losses) 0 0 0 0
Net change in unrealized gains (losses) (121) 0 (103) 0
Net amortization on investments 0 0 0 0
Purchases, including capitalized PIK 29 [1] 0 [2] 1,114 [1] 0 [2]
Sales 0 [1] 0 [2] 0 [1] 0 [2]
Transfers out of Level 3 0 [3] 0 [3]
Transfers into Level 3 0 [4] 0 [3] 0 [4] 0 [3]
Fair value, ending balance 1,772 0 1,772 0
Net change in unrealized gains (losses) on Level 3 investments still held $ (121) $ 0 $ (103) $ 0
[1] Includes reorganizations and restructuring of investments.
[2] Includes reorganizations and restructuring of investments.
[3] Transfers out (if any) of Level 3 are due to an increase in the quantity and reliability of broker quotes obtained and transfers into (if any) Level 3 are due to a decrease in the quantity and reliability of broker quotes obtained as assessed by the Adviser. Transfers are assumed to have occurred at the end of the period. There were no transfers between Level 1 and Level 2 fair value measurements during the periods shown.
[4] Transfers out (if any) of Level 3 are due to an increase in the quantity and reliability of broker quotes obtained and transfers into (if any) Level 3 are due to a
decrease in the quantity and reliability of broker quotes obtained as assessed by the Adviser. Transfers are assumed to have occurred at the end of the period. There were no transfers between Level 1 and Level 2 fair value measurements during the periods shown.
[5] Includes unfunded commitments measured at fair value.
[6] Includes unfunded commitments measured at fair value.