v3.26.1
Consolidated Statements of Assets and Liabilities (Parenthetical) - USD ($)
$ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Non-affiliated investments, Cost $ 426,361 [1],[2],[3],[4] $ 357,097 [5],[6],[7]
Cash equivalents 4,157  
Foreign currency, Cost 275 2,132
Payable for reverse repurchase agreements $ 0 $ 7,670
Common shares, par value $ 0.001 $ 0.001
Common shares, shares authorized Unlimited Unlimited
Common shares, shares issued 11,893,415 8,230,021
Common shares, shares outstanding 11,893,415 8,230,021
Non-controlled/non-affiliated investments    
Non-affiliated investments, Cost $ 424,964 $ 355,367
Controlled/affiliated investments    
Non-affiliated investments, Cost $ 1,397 $ 1,730
Class I Shares    
Common shares, par value $ 0.001 $ 0.001
Common shares, shares authorized Unlimited Unlimited
Common shares, shares issued 11,792,006 8,225,237
Common shares, shares outstanding 11,792,006 8,225,237
Net assets $ 291,845 $ 204,548
Net asset value per share $ 24.75 $ 24.87
Class S Shares    
Common shares, par value $ 0.001 $ 0.001
Common shares, shares authorized Unlimited Unlimited
Common shares, shares issued 100,740 4,143
Common shares, shares outstanding 100,740 4,143
Net assets $ 2,551 $ 105
Net asset value per share $ 25.33 $ 25.42
Class D Shares    
Common shares, par value $ 0.001 $ 0.001
Common shares, shares authorized Unlimited Unlimited
Common shares, shares issued 669 641
Common shares, shares outstanding 669 641
Net assets $ 17 $ 16
Net asset value per share $ 25.24 $ 25.36
[1] All investments are valued using unobservable inputs (Level 3), unless otherwise noted (see “Note 2. Accounting Policies” and “Note 5. Fair Value Measurements”).
[2] The cost represents the original cost adjusted for the accretion of discounts and amortization of premiums, as applicable, on debt investments using the effective interest method in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).
[3] Unless otherwise indicated, issuers of debt held by the Company are domiciled in the United States.
[4] Unless otherwise indicated, issuers of debt investments held by the Company are denominated in USD. All debt investments are income producing unless otherwise indicated.
[5] The cost represents the original cost adjusted for the accretion of discounts and amortization of premiums, as applicable, on debt investments using the effective interest method in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).
[6] Under the Investment Company Act of 1940, as amended (together with the rules and regulations promulgated thereunder, the “1940 Act”), the Company is deemed to “control” a portfolio company if the Company owns more than 25% of its outstanding voting securities and/or held the power to exercise control over the management or policies of the portfolio company. Under the 1940 Act, the Company is deemed an “affiliated person” of a portfolio company if the Company owns 5% or more of the portfolio company’s outstanding voting securities.
[7] Unless otherwise indicated, issuers of debt investments held by the Company are denominated in USD. All debt investments are income producing unless otherwise indicated.