v3.26.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating activities    
Net increase in net assets resulting from operations $ 110,842 $ 0
Adjustments to reconcile net increase in net assets from operations to net cash used in operating activities:    
Net change in unrealized (appreciation)/depreciation on investments (124,687) 0
Net change in unrealized (appreciation)/depreciation on foreign currency forward contracts (3,396)  
Net change in unrealized (appreciation)/depreciation on foreign currency translation 5,842 0
Net realized (gain)/loss on foreign currency transactions 539 0
Amortization of deferred offering costs 1,404 0
Acquisition of portfolio companies (671,486) 0
Proceeds from portfolio companies 3,144 0
Increase/(decrease) in deferred offering costs (1) 0
Changes in operating assets and liabilities:    
Increase in due from Manager (6,997) 3,536
Increase in interest receivable (3,541) 0
Increase in deferred offering costs 0 548
Increase in management fee payable, net 792 0
Increase in accrued performance allocation 13,624 0
Decrease in directors' fees and expenses payable (101) (239)
Increase in offering costs payable 0 (548)
Derease in organization costs payable (4,517) (2,309)
Increase in legal and professional fees payable 2,604 (626)
Increase in general and administrative expenses payable 463 (361)
Increase in other payables 384 0
Net cash used in operating activities (675,088) 1
Financing activities    
Shareholder servicing fees, paid (170) 0
Proceeds from issuance of shares 1,008,076 0
Net cash provided by financing activities 1,007,906 0
Net increase in cash and cash equivalents and foreign currencies at fair value 332,818 1
Cash and cash equivalents and foreign currencies at fair value, beginning of period 1 0
Cash and cash equivalents and foreign currencies at fair value, end of period 332,819 1
Supplemental disclosure of operating activities    
Class T Shares issued for director's fees [1] 174 0
Supplemental disclosure of non-cash financing activities    
Class E Shares issued in exchange for investment acquisitions 100,000 0
Change in shareholder servicing fees $ 6,681 $ 0
[1] During the period, the non-cash component of director fees was settled through the issuance of Class T Shares, recognized at grant‑date fair value as compensation expense and reflected as a non‑cash financing activity.