v3.26.1
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2026
Commitments and Contingencies [Abstract]  
Outstanding Commitments to Fund Investments in Current Portfolio

The Company may, from time to time, enter into commitments to fund investments. As of June 30, 2026 and December 31, 2025, the Company had the following outstanding commitments to fund investments in current portfolio companies:

 

 

June 30, 2026

 

 

December 31, 2025

 

Unfunded delayed draw term loan commitments

 

$

24,964,052

 

 

$

16,810,100

 

Unfunded revolver obligations

 

 

17,815,469

 

 

 

13,739,442

 

Total Unfunded

 

$

42,779,521

 

 

$

30,549,542

 

Schedule of Investments Include Certain Delayed Draw and Revolving Loan Facilities with Unfunded Balances

The Consolidated Schedule of Investments include certain delayed draw and revolving loan facilities with unfunded balances at June 30, 2026 and December 31, 2025, as follows:

 

Issuer

 

Commitment Type

 

Commitment Expiration Date

 

Unfunded Commitment as of June 30, 2026

 

 

Fair Value as of June 30, 2026

 

ASI JBE Holdings LLC

 

Revolver

 

7/28/2031

 

 

2,011,043

 

 

 

(96,530

)

Associations, Inc.

 

Delayed Draw Term Loan

 

7/2/2028

 

 

1,830,644

 

 

 

 

Associations, Inc.

 

Revolver

 

7/2/2028

 

 

3,119,449

 

 

 

 

BCPE HIPH Parent, Inc.

 

Delayed Draw Term Loan

 

7/5/2033

 

 

286,624

 

 

 

 

CC Interholdings LLC

 

Delayed Draw Term Loan

 

12/31/2029

 

 

3,966,692

 

 

 

 

Best Practices Associates, L.L.C.

 

Revolver

 

11/8/2029

 

 

2,589,371

 

 

 

(62,145

)

MEI Buyer LLC

 

Revolver

 

6/29/2029

 

 

2,168,676

 

 

 

(11,060

)

MEI Buyer LLC

 

Delayed Draw Term Loan

 

6/29/2029

 

 

1,214,850

 

 

 

(6,439

)

Mood Media Borrower, LLC

 

Revolver

 

5/30/2030

 

 

3,919,619

 

 

 

(63,890

)

Safari Borrower, LLC

 

Revolver

 

2/3/2031

 

 

4,007,311

 

 

 

 

Safari Borrower, LLC

 

Delayed Draw Term Loan

 

2/3/2031

 

 

17,665,242

 

 

 

(883

)

Total Unfunded Balances

 

 

 

 

 

$

42,779,521

 

 

$

(240,947

)

 

Issuer

 

Commitment Type

 

Commitment Expiration Date

 

Unfunded Commitment as of December 31, 2025

 

 

Fair Value as of December 31, 2025

 

ASI JBE Holdings LLC

 

Delayed Draw Term Loan

 

7/28/2031

 

 

10,055,213

 

 

 

(201,104

)

ASI JBE Holdings LLC

 

Revolver

 

7/28/2031

 

 

2,011,043

 

 

 

(40,221

)

Best Practices Associates, L.L.C.

 

Revolver

 

11/8/2029

 

 

2,589,371

 

 

 

(36,251

)

BP Loenbro Holdings Inc

 

Revolver

 

2/1/2029

 

 

2,568,807

 

 

 

 

CC Interholdings LLC

 

Delayed Draw Term Loan

 

12/31/2029

 

 

5,244,103

 

 

 

 

MEI Buyer LLC

 

Delayed Draw Term Loan

 

6/29/2029

 

 

1,214,849

 

 

 

(7,532

)

MEI Buyer LLC

 

Revolver

 

6/29/2029

 

 

2,650,602

 

 

 

(23,590

)

Mood Media Borrower, LLC

 

Revolver

 

5/30/2030

 

 

3,919,619

 

 

 

(37,236

)

MRP Buyer, LLC

 

Delayed Draw Term Loan

 

6/4/2032

 

 

295,935

 

 

 

(2,693

)

Total Unfunded Balances

 

 

 

 

 

$

30,549,542

 

 

$

(348,627

)