Commitments and Contingencies |
6 Months Ended | ||
|---|---|---|---|
Jun. 30, 2026 | |||
| ISQ Open Infrastructure Company LLC - Series I [Member] | |||
| Commitments and Contingencies [line Items] | |||
| COMMITMENTS AND CONTINGENCIES |
The Company and Series were not subject to any litigation nor were the Company and Series aware of any material litigation threatened against them.
Indemnifications
Under the LLC Agreement and organizational documents, members of each Series’ Board, the Manager, I Squared, and their respective affiliates, directors, officers, representatives, agents and employees are indemnified against all liabilities unless these persons’ actions constitute actual fraud or willful misconduct. In the normal course of business, the Company (on behalf of each Series) enters into contracts that contain a variety of representations and that provide general indemnifications. Each Series’ maximum liability exposure under these arrangements is unknown, as future claims that have not yet occurred may be made against either Series. |
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| ISQ Open Infrastructure Company LLC - Series II [Member] | |||
| Commitments and Contingencies [line Items] | |||
| COMMITMENTS AND CONTINGENCIES |
As of June 30, 2026, the Company and Series were not subject to any litigation nor were the Company and Series aware of any material litigation threatened against them.
Delayed draw term loan - unfunded commitment
The investment in Galaxy Helios I LLC includes a delayed draw term loan component where an additional principal of $627,350 was unfunded as of June 30, 2026. The unfunded loan commitment rate is 0.75%.
The investment in Substantial Holdco Limited includes a delayed draw term loan component where an additional principal of $1,505,918 was unfunded as of June 30, 2026. The unfunded loan commitment rate is 2.00%.
Equity – unfunded commitment
The investment in ISQ Orchid Fund, L.P. was for a commitment amount of $18,900,000. An amount of $900,000 was unfunded as of June 30, 2026.
Indemnifications
Under the LLC Agreement and organizational documents, members of each Series’ Board, the Manager, I Squared, and their respective affiliates, directors, officers, representatives, agents and employees are indemnified against all liabilities unless these persons’ actions constitute actual fraud or willful misconduct. In the normal course of business, the Company (on behalf of each Series) enters into contracts that contain a variety of representations and that provide general indemnifications. Each Series’ maximum liability exposure under these arrangements is unknown, as future claims that have not yet occurred may be made against either Series. |