The information in the following tables is presented on an aggregate portfolio basis, without regard to whether they are non-controlled, non-affiliated; non-controlled, affiliated; or controlled affiliated, investments.

Investments at fair value consisted of the following (in thousands):


	As of June 30, 2024							As of December 31, 2023
Investment Type	Cost		Fair Value		Unrealized Appreciation/ (Depreciation)			Cost		Fair Value		Unrealized Appreciation/ (Depreciation)
Senior Secured First Lien	$	439,999	$	432,906	$	(7,093	)	$	436,249	$	429,210	$	(7,039	)
Unitranche First Lien		1,003,730		1,005,267		1,537			976,366		973,864		(2,502	)
Unitranche First Lien - Last Out		5,436		5,604		168			15,627		13,544		(2,083	)
Senior Secured Second Lien		53,948		49,487		(4,461	)		62,659		58,212		(4,447	)
Unsecured Debt		14,681		15,633		952			3,915		4,061		146
Equity & Other		42,861		57,156		14,295			40,165		50,050		9,885
LLC/LP Equity Interests		52,233		44,722		(7,511	)		57,707		53,134		(4,573	)
Total investments	$	1,612,888	$	1,610,775	$	(2,113	)	$	1,592,688	$	1,582,075	$	(10,613	)

The industry composition of investments at fair value is as follows (in thousands):


Industry	Fair Value as of June 30, 2024		Percentage of Fair Value			Fair Value as of December 31, 2023		Percentage of Fair Value
Health Care Equipment & Services	$	446,793		27.7	%	$	409,925		25.9	%
Software & Services		349,145		21.7			335,803		21.2
Commercial & Professional Services		201,709		12.5			219,937		14.0
Consumer Services		157,180		9.8			150,719		9.5
Insurance		95,110		5.9			74,421		4.7
Diversified Financials		94,330		5.9			88,169		5.6
Retailing		55,810		3.5			56,340		3.6
Pharmaceuticals, Biotechnology & Life Sciences		51,235		3.2			60,866		3.8
Automobiles & Components		37,797		2.3			38,076		2.4
Capital Goods		27,814		1.7			41,441		2.6
Materials		22,778		1.4			25,706		1.6
Consumer Durables & Apparel		19,244		1.2			19,244		1.2
Food, Beverage & Tobacco		15,742		1.0			15,562		1.0
Technology, Hardware & Equipment		8,489		0.5			9,349		0.6
Energy		8,000		0.5			11,264		0.7
Household & Personal Products		7,141		0.4			7,186		0.5
Semiconductor and Semiconductor Equipment		5,557		0.3			8,253		0.5
Transportation		3,997		0.3			3,938		0.2
Food & Staples Retailing		2,657		0.2			2,546		0.2
Telecommunication Services		247		0.0			3,330		0.2
Total investments	$	1,610,775		100.0	%	$	1,582,075		100.0	%

The geographic composition of investments at fair value is as follows (in thousands):


Geographic Region	Fair Value as of June 30, 2024		Percentage of Fair Value			Fair Value as of December 31, 2023		Percentage of Fair Value
United States	$	1,449,832		90.1	%	$	1,410,306		89.0	%
United Kingdom		72,914		4.5			70,797		4.5
Australia		19,561		1.2			20,079		1.3
New Zealand		18,416		1.1			19,081		1.2
Sweden		15,431		1.0			14,152		0.9
Belgium		13,226		0.8			14,759		0.9
Netherlands		10,002		0.6			18,340		1.2
Canada		7,243		0.4			10,378		0.7
France		4,150		0.3			4,183		0.3
Total investments	$	1,610,775		100.0	%	$	1,582,075		100.0	%