v3.26.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities    
Net increase/(decrease) in Net Assets resulting from operations $ 53,333 $ 9,911
Adjustments to reconcile net increase/(decrease) in Net Assets resulting from operations to net cash, cash equivalents provided by/(used in) operating activities:    
Amortization of debt issuance and financing costs 1,634 631
Accretion/amortization of original issue discount/premium on investments (3,613) (470)
Paid-in-kind interest on investments (386) (126)
Net realized gain/(loss) on investments 28,609 75
Net realized gain/(loss) on foreign currency translation on loans payable 136  
Net change in unrealized gain/(loss) on investments (6,564) 731
Net change in unrealized gain/(loss) on forward foreign currency contracts 581 (118)
Net change in unrealized gain/(loss) on foreign currency translation on loans payable (1,495)  
Purchases of investments and derivatives (822,158) (1,032,687)
Proceeds from sales and paydowns of investments 273,274 53,638
Changes in operating assets and liabilities:    
(Increase)/decrease in interest receivable (6,779) (7,809)
(Increase)/decrease in receivable for investments sold 4,882 (15,686)
(Increase)/decrease in deferred offering costs 528 (830)
(Increase)/decrease in other assets 316 (1,096)
Increase/(decrease) in interest payable 5,750 240
Increase/(decrease) in payable for investments purchased (49,666) 41,129
Increase/(decrease) in incentive fee payable 1,165 1,333
Increase/(decrease) in accrued expenses and other liabilities (808) 2,666
Net cash provided by/(used in) operating activities (521,261) (948,468)
Cash flows from financing activities    
Proceeds from issuance of common shares 279,460 764,170
Distribution paid to Shareholders, net of distribution payable (54,898) (4,448)
Repurchase of common shares, net of early repurchase deduction (38)  
Capital Allocation paid to Shareholders   (658)
Payment for debt issuance and financing costs (5,420) (4,500)
Drawdown on loans 765,826 721,200
Repayment of loans (510,851) (470,700)
Net cash provided by/(used in) financing activities 474,079 1,005,064
Net increase/(decrease) in cash, foreign currencies, cash equivalents and restricted cash, restricted foreign currencies, restricted cash equivalents (47,182) 56,596
Cash, foreign currencies, cash equivalents and restricted cash, restricted foreign currencies, restricted cash equivalents at beginning of the period 95,213  
Cash, foreign currencies, cash equivalents and restricted cash, restricted foreign currencies, restricted cash equivalents at end of the period 48,031 56,596
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 28,369 4,389
Cash paid/(received) during the period for taxes, net of refunds (1)  
Distributions declared for the period 69,804 9,069
Supplemental disclosure of non-cash financing activities:    
Shares issued in connection with the reinvestment plan 12,268 840
Change in distribution payable $ 2,638 $ 4,621