v3.26.1
Investments (Tables)
 6 Months Ended
Jun. 30, 2026
Investments, All Other Investments [Abstract]  
Schedule of investment portfolio at cost
               
   June 30, 2026 
Investment Type  Cost   Fair Value   % of Total Investments at Fair Value 
Asset Backed Securities  $25,536   $25,760    4.95%
Senior Secured Debt   490,443    486,556    93.47 
Common Equity   125    125    0.02 
Preferred Equity   1,173    1,190    0.23 
Partnership   7,068    6,940    1.33 
Total investments  $524,345   $520,571    100.00%

 

   December 31, 2025 
Investment Type  Cost   Fair Value   % of Total Investments at Fair Value 
Asset Backed Securities  $10,008   $10,047    2.19%
Senior Secured Debt   431,960    433,567    94.59 
Preferred Equity   7,270    7,368    1.61 
Partnership   7,399    7,364    1.61 
Total investments  $456,637   $458,346    100.00%
Schedule of industry composition of investments based on fair value
     
   June 30, 2026 
Software   24.20%
Professional Services   10.55 
Health Care Providers & Services   10.44 
IT Services   8.14 
Trading Companies & Distributors   6.59 
Diversified Consumer Services   5.15 
Industrial Conglomerates   4.95 
Capital Markets   4.58 
Electrical Equipment   3.99 
Financial Services   3.65 
Commercial Services & Supplies   3.50 
Machinery   2.63 
Building Products   1.95 
Health Care Technology   1.86 
Health Care Equipment & Supplies   1.65 
Construction & Engineering   1.24 
Hotels, Restaurants & Leisure   1.22 
Electronic Equipment, Instruments & Components   1.19 
Automobile Components   0.82 
Containers & Packaging   0.51 
Insurance   0.50 
Personal Care Products   0.50 
Interactive Media & Services   0.15 
Semiconductors & Semiconductor Equipment   0.04 
Total   100.00%

 

   December 31, 2025 
Software   25.17%
Health Care Providers & Services   11.26 
IT Services   9.21 
Professional Services   8.93 
Capital Markets   6.42 
Diversified Consumer Services   5.19 
Trading Companies & Distributors   4.55 
Financial Services   4.34 
Electronic Equipment, Instruments & Components   4.28 
Commercial Services & Supplies   3.34 
Electrical Equipment   3.12 
Machinery   2.90 
Building Products   2.21 
Industrial Conglomerates   2.19 
Health Care Technology   2.14 
Health Care Equipment & Supplies   1.88 
Hotels, Restaurants & Leisure   1.39 
Automobile Components   0.91 
Containers & Packaging   0.57 
Total   100.00%
Schedule of geographic composition of investments at cost and fair value
                    
   June 30, 2026 
Geographic  Cost   Fair Value   % of Total
Investments at
Fair Value		   Fair Value
as % of Net
Assets		 
North America  $509,952   $505,997    97.20%   160.33%
Asia - Pacific   14,393    14,574    2.80    4.61 
Total  $524,345   $520,571    100.00%   164.94%

 

   December 31, 2025 
Geographic  Cost   Fair Value   % of Total
Investments at
Fair Value		   Fair Value
as % of Net
Assets		 
North America  $444,517   $446,164    97.34%   162.34%
Asia - Pacific   12,120    12,182    2.66    4.43 
Total  $456,637   $458,346    100.00%   166.77%