v3.26.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities:    
Net increase (decrease) in members' capital from operations: $ 32,087 $ 29,591
Adjustments to reconcile net increase (decrease) in members' capital from operations to net cash provided by (used for) operating activities:    
Purchases of investments (172,501) (250,929)
Payment-in-kind interest capitalized (1,448) (1,089)
Investments in affiliated money market fund, net (887) (1,848)
Proceeds from sales of investments and principal repayments 77,996 94,967
Net realized (gain) loss on investments 0 (19)
Net change in unrealized (appreciation) depreciation on investments 6,059 600
Net change in unrealized (appreciation) depreciation on foreign currency translations 54 (39)
Amortization of premium and accretion of discount, net (2,137) (2,354)
Amortization of deferred financing costs 1,119 892
Change in operating assets and liabilities:    
(Increase) decrease in interest and dividends receivable 284 (1,587)
(Increase) decrease in other assets 173 2,122
Increase (decrease) in interest and other debt expenses payable 600 2,183
Increase (decrease) in professional fees payable (67) (34)
Increase (decrease) in management fees payable (144) 168
Increase (decrease) in incentive fees payable 170 255
Increase (decrease) in accrued expenses and other liabilities (202) 443
Net cash provided by (used for) operating activities (58,844) (126,678)
Cash flows from financing activities:    
Proceeds from issuance of common units 52,500 0
Distributions paid (50) (116)
Financing costs paid (1,270) (115)
Borrowings on debt 120,000 182,500
Repayments of debt (118,800) (30,500)
Net cash provided by (used for) financing activities 52,380 151,769
Net increase (decrease) in cash (6,464) 25,091
Effect of foreign exchange rate changes on cash and cash equivalents (54) 39
Cash, beginning of period 16,353 11,353
Cash, end of period 9,835 36,483
Supplemental and non-cash activities    
Interest expense paid 18,021 12,737
Reinvestment of common unit distributions 34,721 28,717
Exchange of investments $ 14,954 $ 0