v3.26.1
Consolidated Statements of Assets and Liabilities (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Investments, at fair value    
Non-controlled/non-affiliated investments (cost of $524,345 and $456,637 at June 30, 2026 and December 31, 2025, respectively) $ 520,571 $ 458,346
Total investments, at fair value (cost of $524,345 and $456,637 at June 30, 2026 and December 31, 2025, respectively) 520,571 [1] 458,346 [2]
Cash 5,744 6,124
Cash equivalents 8,209 65,588
Cash denominated in foreign currencies (cost of $159 and $1,625 at June 30, 2026 and December 31, 2025, respectively) 157 1,641
Receivable for investments sold 104 112
Interest receivable 3,168 2,935
Deferred financing costs 1,239 968
Other assets 315
Total assets 539,192 536,029
LIABILITIES    
Debt 214,000 226,000
Payable for investments purchased 1,146
Interest and borrowing expenses payable 2,181 2,509
Incentive fee payable 1,377
Management fees payable 791 690
Distribution payable 5,008 25,503
Administrator and custodian fees payable 55 45
Professional fees payable 172 209
Current income tax liability 4,568
Deferred income tax liability 265
Accrued expenses and other liabilities 231 20
Total liabilities 223,584 261,186
NET ASSETS    
Common units, $0.01 par value (211,322,722 and 180,615,551 units issued and outstanding at June 30, 2026 and December 31, 2025, respectively) [3] 2,113 1,806
Additional paid in capital 318,881 273,194
Distributable earnings (loss) (5,386) (157)
Total net assets 315,608 274,843
Total liabilities and net assets 539,192 536,029
Class I units (Note 9):    
Net assets $ 315,608 $ 274,843
Common shares outstanding 211,322,722 180,615,551
Class I Units [Member]    
NET ASSETS    
Total net assets $ 315,240 $ 274,843
Class I units (Note 9):    
Net assets $ 315,240 $ 274,843
Common shares outstanding [3] 211,076,548 180,615,551
Net asset value per unit [3] $ 1.49 $ 1.52
Class M Units [Member]    
NET ASSETS    
Total net assets $ 368
Class I units (Note 9):    
Net assets $ 368
Common shares outstanding [3] 246,174
Net asset value per unit [3] $ 1.49
[1] Unless otherwise indicated, investments held by the Fund (which such term “Fund” shall include the Fund’s consolidated subsidiaries for purposes of this Consolidated Schedule of Investments) are denominated in U.S.dollars ("$" or "USD"). All investments are income producing unless otherwise indicated. Certain portfolio company investments are subject to contractual restrictions on sales. The total par amount/units are presented for investments. Par amount is denominated in USD unless otherwise noted, Canadian Dollars (“CAD”).
[2] Unless otherwise indicated, investments held by the Fund (which such term “Fund” shall include the Fund’s consolidated subsidiaries for purposes of this Consolidated Schedule of Investments) are denominated in U.S. dollars ("$" or "USD"). All investments are income producing unless otherwise indicated. Certain portfolio company investments are subject to contractual restrictions on sales. The total par amount/units are presented for investments. Par amount is denominated in USD unless otherwise noted, Canadian Dollars (“CAD”).
[3] The Fund completed a 5-for-1 stock split effective February 27, 2026, the common units and net asset value per unit have been adjusted retroactively to reflect the split for all periods presented.