v3.26.3
Consolidated Statements of Assets and Liabilities - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Assets    
Investments at fair value: [1],[2] $ 597,194 $ 1,576,550
Cash 20,697 55,380
Foreign cash (cost of $547 and $3,923, respectively) 544 3,982
Interest and dividend receivable 3,913 11,866
Prepaid expenses and other assets 11,804 1,057
Total Assets 634,152 1,648,835
Liabilities    
Debt (net of deferred unamortized debt issuance costs of $2,795 and $7,791, respectively) 125,705 668,807
Accrued expenses and other liabilities 12,803 17,455
Total Liabilities 142,951 698,445
Commitments and contingencies (Note 7)
Net Assets    
Common shares $0.01 par value, 450,000,000 shares authorized; 115,645,897 and 114,946,017 shares issued and outstanding, respectively 1,156 1,149
Additional paid-in-capital 617,723 1,021,360
Accumulated undistributed (overdistributed) earnings (127,678) (72,119)
Total Net Assets 491,201 950,390
Total Liabilities and Net Assets $ 634,152 $ 1,648,835
Net Asset Value Per Share (in usd per share) $ 4.25 $ 8.27
Affiliated Entity    
Liabilities    
Payables to affiliates $ 4,443 $ 12,183
Non-controlled, non-affiliated investments    
Assets    
Investments at fair value: 570,961 1,538,232
Non-controlled, affiliated investments    
Assets    
Investments at fair value: 25,919 37,981
Controlled, affiliated investments    
Assets    
Investments at fair value: $ 314 $ 337
[1] Certain portfolio company investments are subject to contractual restrictions on sales. Refer to footnote 30 for additional information on the Company’s restricted securities.
[2] otherwise indicated, all or a portion of the Company’s portfolio companies are pledged as collateral supporting the available capacity under the SPV Asset Facility. See “Note 5 — Debt.”