v3.26.3
Fair Value of Financial Instruments - Schedule of Consolidated Balance Sheet Information (Details) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Assets    
Investments at fair value (amortized cost of $2,138,270) $ 3,393,035 [1],[2] $ 3,347,317 [3],[4]
Cash and cash equivalents 40,499 19,662
Prepaid expenses and other assets 9,623 20,544
Total Assets 3,481,766 3,421,655
Liabilities and Members' Equity    
Accrued expenses and other liabilities 34,717 44,404
Total Liabilities and Net Assets 3,481,766 $ 3,421,655
Structured Credit Partners JV, LLC    
Assets    
Investments at fair value (amortized cost of $2,138,270) 2,135,823  
Cash and cash equivalents [5] 460,529  
Prepaid expenses and other assets 31,896  
Total Assets 2,628,248  
Liabilities and Members' Equity    
Secured borrowings 1,991,070  
Dividend payable 14,850  
Accrued expenses and other liabilities 396,839  
Members equity [6] 224,023  
Non-controlling interest [7] 1,466  
Total Liabilities and Net Assets $ 2,628,248  
[1] In accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 820, Fair Value Measurements (“ASC Topic 820”), unless otherwise indicated, the fair values of all investments were determined using significant unobservable inputs and are considered Level 3 investments. See Note 6 for further information related to investments at fair value.
[2] Unless otherwise indicated, the Company’s portfolio companies are domiciled in the United States. Certain portfolio company investments are subject to contractual restrictions on sales.
[3] Certain portfolio company investments are subject to contractual restrictions on sales.
[4] In accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 820, Fair Value Measurements (“ASC Topic 820”), unless otherwise indicated, the fair values of all investments were determined using significant unobservable inputs and are considered Level 3 investments. See Note 6 for further information related to investments at fair value.
[5] As of September 30, 2026, $39,609 of SCP’s cash and cash equivalents was restricted.
[6] As of September 30, 2026, the fair value of the Company’s ownership interest in the members’ equity was $79,990.
[7] As of September 30, 2026, a third-party investor had a 5% economic interest in Sixth Street SCP Warehouse 4, Ltd., a consolidated subsidiary of SCP.