Subsequent Events |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Subsequent Events The Company's management has evaluated subsequent events through the date of issuance of the consolidated financial statements included herein. There have been no subsequent events that occurred during such period that would require disclosure in this Quarterly Report on Form 10-Q or would be required to be recognized in the consolidated financial statements as of and for the three and nine months ended September 30, 2026, except as discussed below. Distribution On October 14, 2026, the Board declared a $0.23 per share regular quarterly distribution payable on December 30, 2026 to stockholders of record at the close of business on December 16, 2026. Recent Portfolio Activity From October 1, 2026 through November 3, 2026, the Company closed $60.0 million of additional debt commitments, funded $57.4 million in new investments and received $72.6 million of principal prepayments generating more than $2.0 million of accelerated income. TPC’s direct originations platform entered into $125.0 million of additional non-binding signed term sheets with venture growth stage companies. These investment opportunities for the Company are subject to due diligence, definitive documentation and investment committee approval, as well as compliance with the Adviser’s allocation policy. Income Incentive Fee Waiver Subsequent to quarter-end, the Adviser amended its existing income incentive fee waiver to waive, in full, its quarterly income incentive fee through the end of fiscal year 2027.
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