v3.26.1
Consolidated Statements of Assets and Liabilities - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Investments – non-controlled/non-affiliated, at fair value:    
Cash $ 18 $ 535
Restricted Cash 1,572 1,451
Prefunded investments 5,049 0
Receivable for interest and other income 711 483
Deferred offering costs 249 0
Prepaid expenses and other assets 53 29
Other receivables 30 28
Total assets 133,228 97,711
Liabilities    
Promissory note (Note 5) 0 50,000
Credit facility, net of deferred financing costs of $1,647 and $478, respectively (Note 5) 67,603 43,272
Due to affiliates (Note 4) 814 844
Distributions payable (Note 8) 460 0
Accrued expenses and other liabilities 458 314
Interest and credit facility fees payable 289 202
Management fee payable 125 0
Incentive fees payable 109 0
Total liabilities 69,858 94,632
Commitments and contingencies (Note 6)
Class I Shares (par value $0.01 per share, 3,067,397 shares issued and outstanding as of June 30, 2026) 31 0
Preferred Shares (par value $0.01 per share, 515 shares issued and outstanding as of June 30, 2026) 0 0
Additional paid in capital 62,878 0
Distributable earnings (loss) 461 3,079
Total net assets 63,370 3,079
Total liabilities and net assets $ 133,228 $ 97,711
Common Class I [Member]    
Liabilities    
Net assets per Class I Share $ 20.2 $ 0
First Lien Loans [Member]    
Investments – non-controlled/non-affiliated, at fair value:    
Investments – non-controlled/non-affiliated, at fair value $ 124,593 $ 95,185
Short-Term Investments [Member]    
Investments – non-controlled/non-affiliated, at fair value:    
Investments – non-controlled/non-affiliated, at fair value $ 953 $ 0