v3.26.1
Consolidated Statements of Assets and Liabilities - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Investments in securities of unaffiliated issuers at fair value (cost $3,806,401 and $3,008,238, respectively) $ 3,795,392 $ 3,008,628
Cash and restricted cash 22,635 24,169
Cash equivalents and restricted cash equivalents 133,904 145,625
Interest receivable 19,708 19,327
Receivables for investments sold 6,578 361
Prepaid and other assets 546 759
Total assets 3,978,763 3,198,869
Liabilities    
Lines of credit (net of unamortized debt issuance costs of $8,134 and $12,022, respectively) 484,787 774,648
Debt securitizations (net of unamortized debt issuance costs of $2,975 and $3,112, respectively) 345,025 344,888
Unsecured notes (net of unamortized debt issuance costs of $3,142 and $1,751, respectively) 291,331 147,949
Distributions payable 57,937 43,330
Interest payable 8,003 10,117
Management fee payable 6,393 4,422
Incentive fee payable 3,959 3,449
Derivative liabilities 5,586 316
Directors' fees payable 100 81
Subscriptions received in advance 0 2,100
Repurchase offer payable 0 142
Accrued expenses and other liabilities 3,929 2,960
Total liabilities 1,207,050 1,334,402
Commitments and contingencies (Note 8); Recoupments (Note 3)
Shareholders' equity    
Shares, no par value, unlimited shares authorized, 107,290,822 and 71,614,193, respectively, shares issued and outstanding 2,801,598 1,870,093
Distributable earnings (accumulated loss) (29,885) (5,626)
Total net assets 2,771,713 1,864,467
Total liabilities and net assets $ 3,978,763 $ 3,198,869
Net asset value per share $ 25.83 $ 26.03