10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________________________________________

FORM 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal quarter ended June 30, 2023

OR

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number 814-01190

______________________________________________

BLUE OWL CAPITAL CORPORATION

(Exact name of Registrant as specified in its Charter) 

Maryland	47-5402460
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
399 Park Avenue, New York, New York	10022
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (212) 419-3000

______________________________________________

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 par value per share	OBDC	The New York Stock Exchange

______________________________________________

Indicate by check mark whether the Registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ NO ☐

Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit such files). Yes ☒ NO ☐

Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definition of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☒	Accelerated filer	☐
Non-accelerated filer	☐	Small reporting company	☐
Emerging growth company	☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YES ☐ NO ☒

As of August 9, 2023, the registrant had 389,732,868 shares of common stock, $0.01 par value per share, outstanding.

1

Table of Contents

		Page
PART I	FINANCIAL INFORMATION
Item 1.	Consolidated Financial Statements	1
	Consolidated Statements of Assets and Liabilities as of June 30, 2023 (Unaudited) and December 31, 2022	1
	Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2023 and 2022 (Unaudited)	2
	Consolidated Schedules of Investments as of June 30, 2023 (Unaudited) and December 31, 2022	3
	Consolidated Statements of Changes in Net Assets for the Three and Six Months Ended June 30, 2023 and 2022 (Unaudited)	54
	Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2023 and 2022 (Unaudited)	55
	Notes to Consolidated Financial Statements (Unaudited)	57
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	111
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	170
Item 4.	Controls and Procedures	171
PART II	OTHER INFORMATION
Item 1.	Legal Proceedings	171
Item 1A.	Risk Factors	171
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	171
Item 3.	Defaults Upon Senior Securities	172
Item 4.	Mine Safety Disclosures	172
Item 5.	Other Information	172
Item 6.	Exhibits	173
Signatures		174

2

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This report contains forward-looking statements that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about Blue Owl Capital Corporation (the “Company,” “we” or “our”), our current and prospective portfolio investments, our industry, our beliefs and opinions, and our assumptions. Words such as “anticipates,” “expects,” “intends,” “plans,” “will,” “may,” “continue,” “believes,” “seeks,” “estimates,” “would,” “could,” “should,” “targets,” “projects,” “outlook,” “potential,” “predicts” and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including without limitation:

•an economic downturn could impair our portfolio companies’ ability to continue to operate, which could lead to the loss of some or all of our investments in such portfolio companies;

•an economic downturn could disproportionately impact the companies that we intend to target for investment, potentially causing us to experience a decrease in investment opportunities and diminished demand for capital from these companies;

•the impact of rising interest rates, elevated inflation rates, ongoing supply chain and labor market disruptions, instability in the U.S. and international banking systems, and the risk of recession on our business prospects and the prospects of our portfolio companies;

•an economic downturn could also impact availability and pricing of our financing and our ability to access the debt and equity capital markets;

•a contraction of available credit and/or an inability to access the equity markets could impair our lending and investment activities;

•interest rate volatility, including the decommissioning of LIBOR, could adversely affect our results, particularly because we use leverage as part of our investment strategy;

•currency fluctuations could adversely affect the results of our investments in foreign companies, particularly to the extent that we receive payments denominated in foreign currency rather than U.S. dollars;

•our future operating results;

•our contractual arrangements and relationships with third parties;

•the ability of our portfolio companies to achieve their objectives;

•competition with other entities and our affiliates for investment opportunities;

•risks related to the uncertainty of the value of our portfolio investments, particularly those having no liquid trading market;;

•the use of borrowed money to finance a portion of our investments as well as any estimates regarding potential use of leverage;

•the adequacy of our financing sources and working capital;

•the loss of key personnel;

•the timing of cash flows, if any, from the operations of our portfolio companies;

•the ability of Blue Owl Credit Advisors LLC (“the Adviser” or “our Adviser”) to locate suitable investments for us and to monitor and administer our investments;

•the ability of the Adviser to attract and retain highly talented professionals;

•our ability to qualify for and maintain our tax treatment as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”), and as a business development company (“BDC”);

•the impact that environmental, social and governance matters could have on our brand and reputation and our portfolio companies;

•the effect of legal, tax and regulatory changes;

•the impact of information technology system failures, data security breaches, data privacy compliance, network disruptions, and cybersecurity attacks

•the impact of geo-political conditions, including revolution, insurgency, terrorism or war, including those arising out of the ongoing war between Russia and Ukraine and general uncertainty surrounding the financial and political stability of the United States, the United Kingdom, the European Union and China, on financial market volatility, global economic markets, and various markets for commodities globally such as oil and natural gas; and

•other risks, uncertainties and other factors previously identified in the reports and other documents we have filed with the Securities and Exchange Commission (“SEC”).

Although we believe that the assumptions on which these forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate, and as a result, the forward-looking statements based on those assumptions also could be inaccurate. In light of these and other uncertainties, the inclusion of a projection or forward-looking statement in this report should not be regarded as a representation by us that our plans and objectives will be achieved. These forward-looking statements apply only as of the date of this report. Moreover, we assume no duty and do not undertake to update the forward-looking statements. Because we are an investment company, the forward-looking statements and projections contained in this report are excluded from the safe harbor protection provided by Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”).

1

Item 1. Consolidated Financial Statements

Blue Owl Capital Corporation

Consolidated Statements of Assets and Liabilities

(Amounts in thousands, except share and per share amounts)

	June 30, 2023 (Unaudited)		December 31, 2022
Assets
Investments at fair value
Non-controlled, non-affiliated investments (amortized cost of $11,584,680 and $12,133,062, respectively)	$	11,550,563	$	12,010,369
Non-controlled, affiliated investments (amortized cost of $19,680 and $6,224, respectively)	19,626		6,175
Controlled, affiliated investments (amortized cost of $1,219,611, and $906,846, respectively)	1,322,754		993,801
Total investments at fair value (amortized cost of $12,823,971 and $13,046,132, respectively)	12,892,943		13,010,345
Cash (restricted cash of $92,975 and $96,420, respectively)	366,208		444,278
Foreign cash (cost of $1,675 and $809, respectively)	1,687		809
Interest receivable	107,767		108,085
Receivable from a controlled affiliate	19,302		17,709
Prepaid expenses and other assets	5,371		3,627
Total Assets	$	13,393,278	$	13,584,853
Liabilities
Debt (net of unamortized debt issuance costs of $85,969 and $95,647, respectively)	$	7,027,176	$	7,281,744
Distribution payable	128,612		129,517
Management fee payable	48,023		47,583
Incentive fee payable	39,598		34,462
Payables to affiliates	6,494		6,351
Accrued expenses and other liabilities	194,411		202,793
Total Liabilities	7,444,314		7,702,450
Commitments and contingencies (Note 7)
Net Assets
Common shares $0.01 par value, 500,000,000 shares authorized; 389,732,875 and 392,476,687 shares issued and outstanding, respectively	3,897		3,925
Additional paid-in-capital	5,936,644		5,970,674
Accumulated undistributed (overdistributed) earnings	8,423		(92,196)
Total Net Assets	5,948,964		5,882,403
Total Liabilities and Net Assets	$	13,393,278	$	13,584,853
Net Asset Value Per Share	$	15.26	$	14.99

The accompanying notes are an integral part of these consolidated financial statements.

1

Blue Owl Capital Corporation

Consolidated Statements of Operations

(Amounts in thousands, except share and per share amounts)

(Unaudited)

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2023		2022		2023		2022
Investment Income
Investment income from non-controlled, non-affiliated investments:
Interest income	$	297,992	$	206,103	$	586,670	$	414,704
Payment-in-kind interest income	44,803		26,748		87,858		49,159
Dividend income	17,607		9,685		35,440		21,413
Other income	7,243		5,538		10,207		9,386
Total investment income from non-controlled, non-affiliated investments	367,645		248,074		720,175		494,662
Investment income from non-controlled, affiliated investments:
Dividend income	177		—		177		—
Total investment income from non-controlled, affiliated investments	177		—		177		—
Investment income from controlled, affiliated investments:
Interest income	5,553		1,854		8,227		3,627
Dividend income	20,662		23,195		42,688		38,833
Other Income	186		163		578		325
Total investment income from controlled, affiliated investments	26,401		25,212		51,493		42,785
Total Investment Income	394,223		273,286		771,845		537,447
Expenses
Interest expense	110,017		67,347		213,972		128,726
Management fees	48,024		46,873		96,116		94,286
Performance based incentive fees	39,598		26,541		77,326		52,495
Professional fees	4,131		3,406		7,804		7,235
Directors’ fees	257		266		515		556
Other general and administrative	3,140		2,143		5,811		4,276
Total Operating Expenses	205,167		146,576		401,544		287,574
Net Investment Income (Loss) Before Taxes	189,056		126,710		370,301		249,873
Income tax expense (benefit), including excise tax expense (benefit)	2,380		1,586		5,765		2,394
Net Investment Income (Loss) After Taxes	$	186,676	$	125,124	$	364,536	$	247,479
Net Realized and Change in Unrealized Gain (Loss)
Net change in unrealized gain (loss):
Non-controlled, non-affiliated investments	$	3,869	$	(152,965)	$	69,292	$	(222,913)
Non-controlled, affiliated investments	(4)		—		(5)		—
Controlled, affiliated investments	6,127		(3,636)		16,381		(15,394)
Translation of assets and liabilities in foreign currencies	1,360		(3,221)		2,570		(3,702)
Income tax (provision) benefit	(2,415)		—		(2,696)		—
Total Net Change in Unrealized Gain (Loss)	8,937		(159,822)		85,542		(242,009)
Net realized gain (loss):
Non-controlled, non-affiliated investments	118		(51)		(52,365)		4,651
Foreign currency transactions	(169)		(197)		(308)		(1,082)
Total Net Realized Gain (Loss)	(51)		(248)		(52,673)		3,569
Total Net Realized and Change in Unrealized Gain (Loss)	8,886		(160,070)		32,869		(238,440)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	195,562	$	(34,946)	$	397,405	$	9,039
Earnings Per Share - Basic and Diluted	$	0.50	$	(0.09)	$	1.02	$	0.02
Weighted Average Shares Outstanding - Basic and Diluted	389,930,979		394,184,560		390,487,912		394,246,724

The accompanying notes are an integral part of these consolidated financial statements.

2

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Non-controlled/non-affiliated portfolio company investments
Debt Investments
Advertising and media
Circana Group, L.P. (fka The NPD Group, L.P.)(14)(27)	First lien senior secured loan	S +	6.25% (2.75% PIK)	12/2028	23,936	23,503	23,636	0.4	%
Circana Group, L.P. (fka The NPD Group, L.P.)(10)(14)(27)	First lien senior secured revolving loan	S +	5.75%	12/2027	121	96	102	—	%
Global Music Rights, LLC(15)(27)	First lien senior secured loan	S +	5.75%	8/2028	7,388	7,270	7,388	0.1	%
Global Music Rights, LLC(10)(23)(27)	First lien senior secured revolving loan	S +	5.75%	8/2027	—	(9)	—	—	%
					31,445	30,860	31,126	0.5	%
Aerospace and defense
Aviation Solutions Midco, LLC (dba STS Aviation)(14)(27)	First lien senior secured loan	S +	7.25%	1/2025	211,695	210,456	210,636	3.5	%
Peraton Corp.(6)(15)(27)	Second lien senior secured loan	S +	7.75%	2/2029	46,113	45,574	44,614	0.7	%
Valence Surface Technologies LLC(15)(27)	First lien senior secured loan	S +	7.75% (3.88% PIK)	6/2025	132,179	131,491	105,743	1.8	%
Valence Surface Technologies LLC(10)(15)(27)	First lien senior secured revolving loan	S +	7.75% (3.88% PIK)	6/2025	10,742	10,692	8,584	0.1	%
					400,729	398,213	369,577	6.1	%
Asset based lending and fund finance
Hg Genesis 8 Sumoco Limited(21)(27)(29)	Unsecured facility	SA +	6.00% PIK	8/2025	50,034	51,535	50,034	0.8	%
Hg Genesis 9 SumoCo Limited(19)(27)(29)	Unsecured facility	E +	7.00% PIK	3/2027	50,295	50,471	50,295	0.8	%
Hg Saturn Luchaco Limited(21)(27)(29)	Unsecured facility	SA +	7.50% PIK	3/2026	133,770	142,451	132,432	2.2	%
					234,099	244,457	232,761	3.8	%
Automotive
Spotless Brands, LLC(15)(27)	First lien senior secured loan	S +	6.50%	7/2028	48,242	47,395	47,759	0.8	%
Spotless Brands, LLC(10)(23)(27)	First lien senior secured revolving loan	S +	6.50%	7/2028	—	(22)	(13)	—	%
					48,242	47,373	47,746	0.8	%

3

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Buildings and real estate
Associations, Inc.(15)(27)	First lien senior secured loan	S +	6.50% (2.50% PIK)	7/2027	361,279	358,879	358,569	6.0	%
Associations, Inc.(10)(15)(24)(27)	First lien senior secured delayed draw term loan	S +	6.50% (2.50% PIK)	6/2024	32,242	31,851	31,870	0.5	%
Associations, Inc.(10)(23)(27)	First lien senior secured revolving loan	S +	6.50%	7/2027	—	(220)	(247)	—	%
REALPAGE, INC.(6)(14)(27)	Second lien senior secured loan	S +	6.50%	4/2029	34,500	34,092	33,319	0.6	%
					428,021	424,602	423,511	7.1	%
Business services
Access CIG, LLC(14)(27)	Second lien senior secured loan	S +	7.75%	2/2026	58,760	58,474	58,613	1.0	%
CIBT Global, Inc.(15)(27)(30)	First lien senior secured loan	S +	5.25% (4.25% PIK)	5/2026	903	602	582	—	%
CIBT Global, Inc.(15)(27)(30)	Second lien senior secured loan	S +	7.75% PIK	12/2026	63,678	26,732	6,049	0.1	%
Denali BuyerCo, LLC (dba Summit Companies)(12)(27)	First lien senior secured loan	L +	5.75%	9/2028	53,019	52,402	52,753	0.9	%
Denali BuyerCo, LLC (dba Summit Companies)(10)(23)(27)	First lien senior secured revolving loan	L +	5.75%	9/2027	—	(21)	(15)	—	%
Diamondback Acquisition, Inc. (dba Sphera)(14)(27)	First lien senior secured loan	S +	5.50%	9/2028	4,088	4,023	4,027	0.1	%
Diamondback Acquisition, Inc. (dba Sphera)(10)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	5.50%	9/2023	—	(8)	(5)	—	%
Entertainment Benefits Group, LLC(14)(27)	First lien senior secured loan	S +	4.75%	5/2028	858	851	858	—	%
Entertainment Benefits Group, LLC(10)(14)(27)	First lien senior secured revolving loan	S +	4.75%	4/2027	22	21	22	—	%
Fullsteam Operations, LLC(15)(27)	First lien senior secured loan	S +	7.50% (3.00% PIK)	10/2027	10,463	10,254	10,567	0.2	%
Gainsight, Inc.(12)(27)	First lien senior secured loan	L +	6.75% PIK	7/2027	22,438	22,191	22,214	0.4	%
Gainsight, Inc.(10)(14)(27)	First lien senior secured revolving loan	S +	6.75%	7/2027	2,398	2,358	2,364	—	%
Hercules Borrower, LLC (dba The Vincit Group)(15)(27)	First lien senior secured loan	S +	6.25%	12/2026	175,992	174,313	175,992	3.0	%
Hercules Borrower, LLC (dba The Vincit Group)(10)(15)(27)	First lien senior secured revolving loan	S +	6.25%	12/2026	2,231	2,050	2,231	—	%
Hercules Buyer, LLC (dba The Vincit Group)(22)(27)(33)	Unsecured notes		0.48% PIK	12/2029	5,160	5,160	5,772	0.1	%
Kaseya Inc.(14)(27)	First lien senior secured loan	S +	6.25% (2.50% PIK)	6/2029	18,732	18,398	18,685	0.3	%
Kaseya Inc.(10)(14)(24)(27)	First lien senior secured delayed draw term loan	S +	6.25% (2.50% PIK)	6/2024	69	59	69	—	%
Kaseya Inc.(10)(14)(27)	First lien senior secured revolving loan	S +	6.25% (2.50% PIK)	6/2029	283	264	281	—	%

4

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
KPSKY Acquisition, Inc. (dba BluSky)(15)(27)	First lien senior secured loan	S +	5.50%	10/2028	4,914	4,835	4,841	0.1	%
Ping Identity Holding Corp.(14)(27)	First lien senior secured loan	S +	7.00%	10/2029	909	896	900	—	%
Ping Identity Holding Corp.(10)(23)(27)	First lien senior secured revolving loan	S +	7.00%	10/2028	—	(1)	(1)	—	%
					424,917	383,853	366,799	6.2	%
Chemicals
Aruba Investments Holdings LLC (dba Angus Chemical Company)(11)(27)	Second lien senior secured loan	L +	7.75%	11/2028	10,000	9,889	8,800	0.1	%
Douglas Products and Packaging Company LLC(15)(27)	First lien senior secured loan	S +	7.00%	6/2025	18,594	18,445	18,501	0.3	%
Douglas Products and Packaging Company LLC(10)(17)(27)	First lien senior secured revolving loan	P +	6.00%	6/2025	245	226	232	—	%
Gaylord Chemical Company, L.L.C.(15)(27)	First lien senior secured loan	S +	6.00%	3/2027	137,136	136,201	137,136	2.3	%
Gaylord Chemical Company, L.L.C.(10)(23)(27)	First lien senior secured revolving loan	S +	6.00%	3/2026	—	(73)	—	—	%
Velocity HoldCo III Inc. (dba VelocityEHS)(15)(27)	First lien senior secured loan	S +	5.75%	4/2027	21,881	21,541	21,881	0.4	%
Velocity HoldCo III Inc. (dba VelocityEHS)(10)(14)(27)	First lien senior secured revolving loan	S +	5.75%	4/2026	893	876	893	—	%
					188,749	187,105	187,443	3.1	%
Consumer products
Conair Holdings LLC(12)(27)	Second lien senior secured loan	L +	7.50%	5/2029	187,500	186,373	176,250	3.0	%
Feradyne Outdoors, LLC(15)(27)	First lien senior secured loan	S +	6.25%	5/2026	73,911	73,904	69,846	1.2	%
Foundation Consumer Brands, LLC(15)(27)	First lien senior secured loan	S +	6.25%	2/2027	3,340	3,340	3,340	0.1	%
Lignetics Investment Corp.(15)(27)	First lien senior secured loan	S +	6.00%	11/2027	34,814	34,480	34,379	0.6	%
Lignetics Investment Corp.(10)(16)(27)	First lien senior secured revolving loan	S +	6.00%	10/2026	4,549	4,510	4,490	0.1	%
SWK BUYER, Inc. (dba Stonewall Kitchen)(16)(27)	First lien senior secured loan	S +	5.25%	3/2029	747	734	717	—	%
SWK BUYER, Inc. (dba Stonewall Kitchen)(10)(16)(27)	First lien senior secured revolving loan	S +	5.25%	3/2029	65	64	62	—	%
WU Holdco, Inc. (dba Weiman Products, LLC)(15)(27)	First lien senior secured loan	S +	5.50%	3/2026	201,822	199,771	195,262	3.3	%
WU Holdco, Inc. (dba Weiman Products, LLC)(10)(15)(27)	First lien senior secured revolving loan	S +	5.50%	3/2025	11,139	11,014	10,515	0.2	%
					517,887	514,190	494,861	8.5	%

5

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Containers and packaging
Ascend Buyer, LLC (dba PPC Flexible Packaging)(15)(27)	First lien senior secured loan	S +	6.40%	10/2028	5,470	5,426	5,470	0.1	%
Ascend Buyer, LLC (dba PPC Flexible Packaging)(10)(23)(27)	First lien senior secured revolving loan	S +	6.40%	9/2027	—	(4)	—	—	%
Fortis Solutions Group, LLC(15)(27)	First lien senior secured loan	S +	5.50%	10/2028	4,605	4,532	4,502	0.1	%
Fortis Solutions Group, LLC(10)(15)(27)	First lien senior secured revolving loan	S +	5.50%	10/2027	62	55	51	—	%
Indigo Buyer, Inc. (dba Inovar Packaging Group)(15)(27)	First lien senior secured loan	S +	6.25%	5/2028	893	884	893	—	%
Indigo Buyer, Inc. (dba Inovar Packaging Group)(10)(15)(27)	First lien senior secured revolving loan	S +	6.25%	5/2028	17	16	17	—	%
Pregis Topco LLC(11)(27)	Second lien senior secured loan	L +	7.02%	8/2029	160,000	157,836	159,329	2.7	%
					171,047	168,745	170,262	2.9	%
Distribution
ABB/Con-cise Optical Group LLC(15)(27)	First lien senior secured loan	S +	7.50%	2/2028	63,619	62,832	62,187	1.0	%
Endries Acquisition, Inc.(14)(27)	First lien senior secured loan	S +	6.25%	12/2025	236,381	234,699	236,381	4.0	%
BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC)(15)(27)	First lien senior secured loan	S +	6.25%	11/2025	132,753	131,540	132,753	2.2	%
BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC)(10)(15)(27)	First lien senior secured revolving loan	S +	6.25%	11/2024	2,277	2,147	2,277	—	%
Offen, Inc.(16)(27)	First lien senior secured loan	S +	5.00%	6/2026	18,668	18,582	18,668	0.3	%
					453,698	449,800	452,266	7.5	%
Education
Learning Care Group (US) No. 2 Inc.(6)(12)(27)	Second lien senior secured loan	L +	7.50%	3/2026	26,967	26,758	26,597	0.4	%
Pluralsight, LLC(15)(27)	First lien senior secured loan	S +	8.00%	4/2027	99,450	98,724	97,958	1.6	%
Pluralsight, LLC(10)(15)(27)	First lien senior secured revolving loan	S +	8.00%	4/2027	3,118	3,079	3,024	0.1	%
					129,535	128,561	127,579	2.1	%
Financial services
Adenza Group, Inc.(14)(27)	First lien senior secured loan	S +	5.75%	12/2027	199,718	198,035	199,718	3.4	%
Adenza Group, Inc.(10)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	5.75%	7/2023	—	(29)	—	—	%
Adenza Group, Inc.(10)(23)(27)	First lien senior secured revolving loan	S +	5.75%	12/2025	—	(117)	—	—	%
Blackhawk Network Holdings, Inc.(12)(27)	Second lien senior secured loan	L +	7.00%	6/2026	106,400	105,949	106,134	1.8	%

6

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Blend Labs, Inc.(14)(27)	First lien senior secured loan	S +	7.50%	6/2026	67,500	66,423	65,813	1.1	%
Blend Labs, Inc.(10)(23)(27)	First lien senior secured revolving loan	S +	7.50%	6/2026	—	(45)	(188)	—	%
Muine Gall, LLC(9)(16)(27)(29)	First lien senior secured loan	S +	7.00% PIK	9/2026	132,312	133,131	131,319	2.2	%
NMI Acquisitionco, Inc. (dba Network Merchants)(14)(27)	First lien senior secured loan	S +	5.75%	9/2025	24,916	24,820	24,730	0.4	%
NMI Acquisitionco, Inc. (dba Network Merchants)(10)(14)(24)(27)	First lien senior secured delayed draw term loan	S +	5.75%	10/2023	5,893	5,829	5,849	0.1	%
NMI Acquisitionco, Inc. (dba Network Merchants)(10)(23)(27)	First lien senior secured revolving loan	S +	5.75%	9/2025	—	(10)	(12)	—	%
Smarsh Inc.(16)(27)	First lien senior secured loan	S +	6.50%	2/2029	762	755	758	—	%
Smarsh Inc.(10)(16)(24)(27)	First lien senior secured delayed draw term loan	S +	6.50%	2/2024	95	94	94	—	%
Smarsh Inc.(10)(27)	First lien senior secured revolving loan	S +	6.50%	2/2029	—	—	—	—	%
					537,596	534,835	534,215	9.0	%
Food and beverage
Balrog Acquisition, Inc. (dba Bakemark)(15)(27)	Second lien senior secured loan	S +	7.00%	9/2029	22,000	21,846	21,780	0.4	%
BP Veraison Buyer, LLC (dba Sun World)(15)(27)	First lien senior secured loan	S +	5.50%	5/2027	68,335	67,745	67,993	1.1	%
BP Veraison Buyer, LLC (dba Sun World)(10)(23)(27)	First lien senior secured revolving loan	S +	5.50%	5/2027	—	(70)	(44)	—	%
H-Food Holdings, LLC(12)(27)	Second lien senior secured loan	L +	7.00%	3/2026	121,800	120,517	95,613	1.6	%
Hissho Sushi Merger Sub LLC(15)(27)	First lien senior secured loan	S +	5.50%	5/2028	897	889	897	—	%
Hissho Sushi Merger Sub LLC(10)(15)(27)	First lien senior secured revolving loan	S +	5.50%	5/2028	5	4	5	—	%
Hometown Food Company(11)(27)	First lien senior secured loan	L +	5.00%	8/2023	12,064	12,055	12,064	0.2	%
Hometown Food Company(10)(23)(27)	First lien senior secured revolving loan	L +	5.00%	8/2023	—	(3)	—	—	%
Innovation Ventures HoldCo, LLC (dba 5 Hour Energy)(14)(27)	First lien senior secured loan	S +	6.25%	3/2027	125,000	123,173	122,814	2.1	%
Nellson Nutraceutical, LLC(15)(27)	First lien senior secured loan	S +	5.75%	12/2025	25,884	25,715	25,689	0.4	%
The Better Being Co., LLC (fka Nutraceutical International Corporation)(14)(27)	First lien senior secured loan	S +	7.50% (4.00% PIK)	9/2026	188,353	186,698	160,571	2.7	%
The Better Being Co., LLC (fka Nutraceutical International Corporation)(14)(27)	First lien senior secured revolving loan	S +	7.50% (4.00% PIK)	9/2026	13,803	13,712	11,768	0.2	%

7

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Ole Smoky Distillery, LLC(14)(27)	First lien senior secured loan	S +	5.00%	3/2028	873	858	860	—	%
Ole Smoky Distillery, LLC(10)(23)(27)	First lien senior secured revolving loan	S +	5.00%	3/2028	—	(2)	(2)	—	%
Recipe Acquisition Corp. (dba Roland Corporation)(15)	Second lien senior secured loan	S +	9.00%	12/2023	32,000	31,980	31,760	0.5	%
Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC)(15)(27)	First lien senior secured loan	S +	4.50%	7/2025	43,182	42,892	40,915	0.7	%
Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC)(10)(15)(27)	First lien senior secured revolving loan	S +	4.50%	7/2025	6,300	6,297	5,828	0.1	%
Shearer's Foods, LLC(14)(27)	Second lien senior secured loan	S +	7.75%	9/2028	86,400	85,785	86,400	1.5	%
Tall Tree Foods, Inc.(15)(30)	First lien senior secured loan	S +	9.25% PIK	12/2023	63,065	59,541	54,867	0.9	%
Tall Tree Foods, Inc.(10)(15)(30)	First lien senior secured delayed draw term loan	S +	9.25% PIK	12/2023	4,615	3,017	4,015	0.1	%
Ultimate Baked Goods Midco, LLC(14)(27)	First lien senior secured loan	S +	6.25%	8/2027	80,823	79,328	79,813	1.3	%
Ultimate Baked Goods Midco, LLC(10)(23)(27)	First lien senior secured revolving loan	S +	6.25%	8/2027	—	(171)	(124)	—	%
					895,399	881,806	823,482	13.8	%
Healthcare equipment and services
Confluent Medical Technologies, Inc.(15)(27)	Second lien senior secured loan	S +	6.50%	2/2030	1,000	983	983	—	%
CSC MKG Topco LLC (dba Medical Knowledge Group)(14)(27)	First lien senior secured loan	S +	5.75%	2/2029	1,268	1,247	1,249	—	%
Medline Borrower, LP(10)(23)(27)	First lien senior secured revolving loan	S +	3.25%	10/2026	—	(107)	(198)	—	%
Nelipak Holding Company(15)(27)	First lien senior secured loan	S +	4.25%	7/2026	2,274	2,252	2,274	—	%
Nelipak Holding Company(15)(27)	Second lien USD senior secured loan	S +	8.25%	7/2027	67,006	66,404	67,006	1.1	%
Nelipak Holding Company(10)(14)(27)	First lien senior secured USD revolving loan	S +	4.25%	7/2024	1,206	1,176	1,206	—	%
Nelipak Holding Company(10)(18)(27)	First lien senior secured EUR revolving loan	E +	4.50%	7/2024	1,754	1,610	1,754	—	%
Nelipak Holding Company(19)(27)	Second lien EUR senior secured loan	E +	8.50%	7/2027	65,569	66,659	65,242	1.1	%
Packaging Coordinators Midco, Inc.(12)(27)	Second lien senior secured loan	L +	7.00%	12/2029	196,044	192,972	189,182	3.2	%

8

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.) (15)(27)(29)	First lien senior secured loan	S +	6.75%	1/2028	134,683	133,087	133,000	2.2	%
Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.) (10)(23)(27)(29)	First lien senior secured revolving loan	S +	6.75%	1/2026	—	(145)	(169)	—	%
PerkinElmer U.S. LLC(15)(27)	First lien senior secured loan	S +	6.75%	3/2029	913	897	897	—	%
Rhea Parent, Inc.(15)(27)	First lien senior secured loan	S +	5.75%	2/2029	766	753	758	—	%
					472,483	467,788	463,184	7.6	%
Healthcare providers and services
Covetrus Inc.(15)(27)	Second lien senior secured loan	S +	9.25%	10/2030	5,000	4,903	4,838	0.1	%
Diagnostic Services Holdings, Inc. (dba Rayus Radiology)(14)(27)	First lien senior secured loan	S +	5.50%	3/2025	996	996	989	—	%
Engage Debtco Limited(15)(27)(29)	First lien senior secured loan	S +	5.90%	7/2029	1,000	978	983	—	%
National Dentex Labs LLC (fka Barracuda Dental LLC)(15)(27)	First lien senior secured loan	S +	8.00% (3.00% PIK)	4/2026	107,108	106,237	104,431	1.8	%
National Dentex Labs LLC (fka Barracuda Dental LLC)(10)(15)(27)	First lien senior secured revolving loan	S +	7.00%	4/2026	7,493	7,378	7,258	0.1	%
Natural Partners, LLC(15)(27)(29)	First lien senior secured loan	S +	6.00%	11/2027	920	905	910	—	%
Natural Partners, LLC(10)(23)(27)(29)	First lien senior secured revolving loan	S +	6.00%	11/2027	—	(1)	(1)	—	%
OB Hospitalist Group, Inc.(14)(27)	First lien senior secured loan	S +	5.50%	9/2027	94,309	92,887	92,659	1.6	%
OB Hospitalist Group, Inc.(10)(15)(27)	First lien senior secured revolving loan	S +	5.50%	9/2027	6,665	6,451	6,400	0.1	%
Ex Vivo Parent Inc. (dba OB Hospitalist)(12)(27)	First lien senior secured loan	L +	9.75% PIK	9/2028	62,013	61,065	60,462	1.0	%
Pacific BidCo Inc.(15)(27)(29)	First lien senior secured loan	S +	5.75%	8/2029	30,924	30,224	30,460	0.5	%
Pacific BidCo Inc.(10)(23)(24)(27)(29)	First lien senior secured delayed draw term loan	S +	5.75%	8/2025	—	(37)	(9)	—	%
Phoenix Newco, Inc. (dba Parexel)(14)(27)	Second lien senior secured loan	S +	6.50%	11/2029	190,000	188,388	188,575	3.2	%
Plasma Buyer LLC (dba PathGroup)(15)(27)	First lien senior secured loan	S +	5.75%	5/2029	676	664	659	—	%
Plasma Buyer LLC (dba PathGroup)(10)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	5.75%	5/2024	—	(1)	(3)	—	%
Plasma Buyer LLC (dba PathGroup)(10)(23)(27)	First lien senior secured revolving loan	S +	5.75%	5/2028	—	(1)	(2)	—	%
PPV Intermediate Holdings, LLC(15)(27)	First lien senior secured loan	S +	5.75%	8/2029	933	916	921	—	%
PPV Intermediate Holdings, LLC(10)(23)(27)	First lien senior secured revolving loan	S +	5.75%	8/2029	—	(1)	(1)	—	%
Premier Imaging, LLC (dba LucidHealth)(14)(27)	First lien senior secured loan	S +	6.00%	1/2025	42,823	42,570	42,395	0.7	%

9

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Quva Pharma, Inc.(14)(27)	First lien senior secured loan	S +	5.50%	4/2028	39,300	38,427	38,711	0.7	%
Quva Pharma, Inc.(10)(14)(27)	First lien senior secured revolving loan	S +	5.50%	4/2026	1,840	1,773	1,780	—	%
Tivity Health, Inc.(15)(27)	First lien senior secured loan	S +	6.00%	6/2029	993	970	985	—	%
Unified Women's Healthcare, LP(14)(27)	First lien senior secured loan	S +	5.25%	6/2029	903	897	903	—	%
Unified Women's Healthcare, LP(10)(24)(27)	First lien senior secured delayed draw term loan	S +	5.25%	6/2024	—	—	—	—	%
Unified Women's Healthcare, LP(10)(23)(27)	First lien senior secured revolving loan	S +	5.25%	6/2029	—	(1)	—	—	%
Vermont Aus Pty Ltd(15)(27)(29)	First lien senior secured loan	S +	5.50%	3/2028	988	967	973	—	%
					594,884	587,554	585,276	9.8	%
Healthcare technology
BCPE Osprey Buyer, Inc. (dba PartsSource)(12)(27)	First lien senior secured loan	L +	5.75%	8/2028	112,341	110,929	110,375	1.9	%
BCPE Osprey Buyer, Inc. (dba PartsSource)(10)(23)(24)(27)	First lien senior secured delayed draw term loan	L +	5.75%	8/2023	—	(209)	(175)	—	%
BCPE Osprey Buyer, Inc. (dba PartsSource)(10)(12)(27)	First lien senior secured revolving loan	L +	5.75%	8/2026	4,479	4,350	4,271	0.1	%
GI Ranger Intermediate, LLC (dba Rectangle Health)(15)(27)	First lien senior secured loan	S +	5.75%	10/2028	4,562	4,489	4,482	0.1	%
GI Ranger Intermediate, LLC (dba Rectangle Health)(10)(15)(27)	First lien senior secured revolving loan	S +	5.75%	10/2027	147	142	141	—	%
Imprivata, Inc.(14)(27)	Second lien senior secured loan	S +	6.25%	12/2028	882	874	869	—	%
Ocala Bidco, Inc.(12)(27)	First lien senior secured loan	L +	6.25% (2.75% PIK)	11/2028	185,272	181,668	182,030	3.1	%
Ocala Bidco, Inc.(10)(23)(24)(27)	First lien senior secured delayed draw term loan	L +	5.75%	5/2024	—	(183)	(95)	—	%
Ocala Bidco, Inc.(15)(27)	Second lien senior secured loan	S +	10.50% PIK	11/2033	103,250	101,661	102,217	1.7	%
Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.)(15)(27)(29)	First lien senior secured loan	S +	6.50%	8/2026	117,198	116,316	115,733	1.9	%
Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.)(10)(15)(27)(29)	First lien senior secured revolving loan	S +	6.50%	8/2026	3,569	3,491	3,468	0.1	%
Interoperability Bidco, Inc. (dba Lyniate)(15)(27)	First lien senior secured loan	S +	7.00%	12/2026	66,120	65,795	65,459	1.1	%
Interoperability Bidco, Inc. (dba Lyniate)(10)(15)(27)	First lien senior secured revolving loan	S +	7.00%	12/2024	1,580	1,542	1,527	—	%
					599,400	590,865	590,302	10.0	%

10

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Household products
Aptive Environmental, LLC(22)(27)	First lien senior secured loan		12.00% (6.00% PIK)	1/2026	12,601	10,903	11,877	0.2	%
HGH Purchaser, Inc. (dba Horizon Services)(15)(27)	First lien senior secured loan	S +	6.50%	11/2025	188,658	187,354	187,715	3.2	%
HGH Purchaser, Inc. (dba Horizon Services)(10)(15)(27)	First lien senior secured revolving loan	S +	6.50%	11/2025	16,383	16,282	16,300	0.3	%
Mario Purchaser, LLC (dba Len the Plumber)(14)(27)	First lien senior secured loan	S +	5.75%	4/2029	12,976	12,750	12,911	0.2	%
Mario Purchaser, LLC (dba Len the Plumber)(10)(14)(24)(27)	First lien senior secured delayed draw term loan	S +	5.75%	4/2024	3,158	3,072	3,143	0.1	%
Mario Purchaser, LLC (dba Len the Plumber)(10)(23)(27)	First lien senior secured revolving loan	S +	5.75%	4/2028	—	(22)	(7)	—	%
Mario Midco Holdings, Inc. (dba Len the Plumber)(14)(27)	Unsecured facility	S +	10.75% PIK	4/2032	4,414	4,308	4,380	0.1	%
SimpliSafe Holding Corporation(14)(27)	First lien senior secured loan	S +	6.25%	5/2028	6,111	6,007	6,065	0.1	%
SimpliSafe Holding Corporation(10)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	6.25%	5/2024	—	(6)	—	—	%
					244,301	240,648	242,384	4.2	%
Human resource support services
Cornerstone OnDemand, Inc.(15)(27)	Second lien senior secured loan	S +	6.50%	10/2029	115,833	114,374	108,883	1.8	%
IG Investments Holdings, LLC (dba Insight Global)(15)(27)	First lien senior secured loan	S +	6.00%	9/2028	50,133	49,335	49,757	0.8	%
IG Investments Holdings, LLC (dba Insight Global)(10)(23)(27)	First lien senior secured revolving loan	S +	6.00%	9/2027	—	(56)	(30)	—	%
					165,966	163,653	158,610	2.6	%
Infrastructure and environmental services
GI Apple Midco LLC (dba Atlas Technical Consultants)(14)(27)	First lien senior secured loan	S +	6.75%	4/2030	730	716	715	—	%
GI Apple Midco LLC (dba Atlas Technical Consultants)(10)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	6.75%	4/2025	—	(1)	(1)	—	%
GI Apple Midco LLC (dba Atlas Technical Consultants)(10)(14)(27)	First lien senior secured revolving loan	S +	6.75%	4/2029	32	30	29	—	%
LineStar Integrity Services LLC(16)(27)	First lien senior secured loan	S +	7.25%	2/2026	52,162	52,279	49,814	0.8	%
Tamarack Intermediate, L.L.C. (dba Verisk 3E)(15)(27)	First lien senior secured loan	S +	5.25%	3/2028	851	837	840	—	%
Tamarack Intermediate, L.L.C. (dba Verisk 3E)(10)(15)(27)	First lien senior secured revolving loan	S +	5.25%	3/2028	23	21	21	—	%
					53,798	53,882	51,418	0.8	%

11

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Insurance
Alera Group, Inc.(14)(27)	First lien senior secured loan	S +	6.00%	10/2028	34,638	34,024	34,638	0.6	%
AmeriLife Holdings LLC(16)(27)	First lien senior secured loan	S +	5.75%	8/2029	724	710	716	—	%
AmeriLife Holdings LLC(10)(16)(24)(27)	First lien senior secured delayed draw term loan	S +	5.75%	9/2024	121	118	119	—	%
AmeriLife Holdings LLC(10)(16)(27)	First lien senior secured revolving loan	S +	5.75%	8/2028	15	14	14	—	%
Ardonagh Midco 3 PLC(16)(27)(29)	First lien senior secured USD term loan	S +	6.00%	7/2026	26,784	26,431	26,650	0.4	%
Ardonagh Midco 3 PLC(20)(27)(29)	First lien senior secured EUR term loan	E +	7.25%	7/2026	9,966	10,078	9,966	0.2	%
Ardonagh Midco 3 PLC(21)(27)(29)	First lien senior secured GBP term loan	SA +	7.25%	7/2026	110,173	107,434	110,173	1.9	%
Ardonagh Midco 3 PLC(20)(27)(29)	First lien senior secured GBP delayed draw term loan	E +	5.75%	7/2026	10,361	11,024	10,309	0.2	%
Ardonagh Midco 2 PLC(6)(22)(27)(29)	Unsecured notes		11.50%	1/2027	11,912	11,854	10,970	0.2	%
Brightway Holdings, LLC(15)(27)	First lien senior secured loan	S +	6.50%	12/2027	26,507	26,245	25,976	0.4	%
Brightway Holdings, LLC(10)(15)(27)	First lien senior secured revolving loan	S +	6.50%	12/2027	1,579	1,550	1,516	—	%
Evolution BuyerCo, Inc. (dba SIAA)(15)(27)	First lien senior secured loan	S +	6.25%	4/2028	140,997	139,495	139,588	2.3	%
Evolution BuyerCo, Inc. (dba SIAA)(10)(23)(27)	First lien senior secured revolving loan	S +	6.25%	4/2027	—	(97)	(107)	—	%
Integrity Marketing Acquisition, LLC(15)(27)	First lien senior secured loan	S +	5.80%	8/2025	215,526	214,067	215,526	3.6	%
Integrity Marketing Acquisition, LLC(10)(23)(27)	First lien senior secured revolving loan	S +	5.75%	8/2025	—	(80)	—	—	%
Norvax, LLC (dba GoHealth)(14)(27)	First lien senior secured loan	S +	7.50%	9/2025	74,319	72,949	73,390	1.2	%
Norvax, LLC (dba GoHealth)(10)(23)(27)	First lien senior secured revolving loan	S +	6.50%	9/2024	—	(44)	(153)	—	%
Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services)(14)(27)	First lien senior secured loan	S +	6.00%	11/2028	134,225	133,143	134,225	2.3	%
Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services)(10)(23)(27)	First lien senior secured revolving loan	S +	6.00%	11/2027	—	(45)	—	—	%
PCF Midco II, LLC (dba PCF Insurance Services)(22)(27)	First lien senior secured loan		9.00% PIK	10/2031	137,884	127,785	126,508	2.1	%

12

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Summit Acquisition Inc. (dba K2 Insurance Services)(15)(27)	First lien senior secured loan	S +	6.75%	5/2030	733	712	711	—	%
Summit Acquisition Inc. (dba K2 Insurance Services)(10)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	6.75%	11/2024	—	(3)	(3)	—	%
Summit Acquisition Inc. (dba K2 Insurance Services)(10)(23)(27)	First lien senior secured revolving loan	S +	6.75%	5/2029	—	(3)	(3)	—	%
Tempo Buyer Corp. (dba Global Claims Services)(15)(27)	First lien senior secured loan	S +	5.50%	8/2028	1,072	1,055	1,056	—	%
Tempo Buyer Corp. (dba Global Claims Services)(10)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	5.50%	8/2023	—	(2)	(2)	—	%
Tempo Buyer Corp. (dba Global Claims Services)(10)(17)(27)	First lien senior secured revolving loan	P +	4.25%	8/2027	58	56	56	—	%
THG Acquisition, LLC (dba Hilb)(14)(27)	First lien senior secured loan	S +	5.75%	12/2026	74,359	73,342	73,615	1.2	%
THG Acquisition, LLC (dba Hilb)(10)(14)(27)	First lien senior secured revolving loan	S +	5.75%	12/2025	1,913	1,820	1,827	—	%
USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners)(15)(27)	First lien senior secured loan	S +	5.75%	7/2027	38,500	37,938	38,115	0.6	%
USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners)(10)(23)(27)	First lien senior secured revolving loan	S +	5.75%	7/2027	—	(58)	(42)	—	%
KUSRP Intermediate, Inc. (dba U.S. Retirement and Benefits Partners)(14)(27)	First lien senior secured loan	S +	10.50% PIK	7/2030	33,150	32,746	32,984	0.6	%
					1,085,516	1,064,258	1,068,338	17.8	%
Internet software and services
3ES Innovation Inc. (dba Aucerna)(15)(27)(29)	First lien senior secured loan	S +	6.50%	5/2025	60,323	60,008	60,323	1.0	%
3ES Innovation Inc. (dba Aucerna)(10)(14)(27)(29)	First lien senior secured revolving loan	S +	6.50%	5/2025	1,700	1,685	1,700	—	%
Accela, Inc.(14)	First lien senior secured loan	S +	7.50% (4.25% PIK)	9/2024	28,205	28,097	28,064	0.5	%
Accela, Inc.(10)(23)	First lien senior secured revolving loan	S +	7.50%	9/2024	—	—	(15)	—	%
Anaplan, Inc.(14)(27)	First lien senior secured loan	S +	6.50%	6/2029	135,082	133,877	135,082	2.3	%
Anaplan, Inc.(10)(23)(27)	First lien senior secured revolving loan	S +	6.50%	6/2028	—	(81)	—	—	%
Apptio, Inc.(12)(27)	First lien senior secured loan	L +	5.00%	1/2025	50,916	50,521	50,916	0.9	%
Apptio, Inc.(10)(12)(27)	First lien senior secured revolving loan	L +	5.00%	1/2025	834	819	834	—	%
Armstrong Bidco Limited (dba The Access Group)(21)(27)(29)	First lien senior secured loan	SA +	5.25%	6/2029	2,473	2,340	2,454	—	%
Armstrong Bidco Limited (dba The Access Group)(10)(21)(24)(27)(29)	First lien senior secured delayed draw term loan	SA +	5.25%	6/2025	1,133	1,072	1,125	—	%

13

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Bayshore Intermediate #2, L.P. (dba Boomi)(15)(27)	First lien senior secured loan	S +	7.50% PIK	10/2028	99,015	97,501	97,530	1.6	%
Bayshore Intermediate #2, L.P. (dba Boomi)(10)(15)(27)	First lien senior secured revolving loan	S +	6.50%	10/2027	1,384	1,274	1,280	—	%
BCPE Nucleon (DE) SPV, LP(13)(27)(29)	First lien senior secured loan	L +	7.00%	9/2026	189,778	188,005	189,778	3.2	%
BCTO BSI Buyer, Inc. (dba Buildertrend)(15)(27)	First lien senior secured loan	S +	8.00% PIK	12/2026	55,101	54,723	55,101	0.9	%
BCTO BSI Buyer, Inc. (dba Buildertrend)(10)(23)(27)	First lien senior secured revolving loan	S +	7.00%	12/2026	—	(74)	—	—	%
Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.)(15)(27)	First lien senior secured loan	S +	5.50%	8/2027	10,498	10,306	9,868	0.2	%
Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.)(10)(15)(24)(27)	First lien senior secured delayed draw term loan	S +	5.50%	8/2023	2,362	2,311	2,168	—	%
Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.)(10)(14)(27)	First lien senior secured revolving loan	S +	5.50%	8/2027	714	700	666	—	%
Centrify Corporation(15)(27)	First lien senior secured loan	S +	5.75%	3/2028	65,892	64,689	65,399	1.1	%
Centrify Corporation(10)(23)(27)	First lien senior secured revolving loan	S +	5.75%	3/2027	—	(123)	(51)	—	%
CivicPlus, LLC(12)(27)	First lien senior secured loan	L +	6.75% (2.50% PIK)	8/2027	35,133	34,861	35,133	0.6	%
CivicPlus, LLC(10)(11)(27)	First lien senior secured revolving loan	L +	6.00%	8/2027	486	466	486	—	%
CP PIK DEBT ISSUER, LLC (dba CivicPlus, LLC)(16)(27)	Unsecured notes	S +	11.75% PIK	6/2034	19,587	19,126	19,489	0.3	%
Coupa Holdings, LLC(14)(27)	First lien senior secured loan	S +	7.50%	2/2030	785	766	766	—	%
Coupa Holdings, LLC(10)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	7.50%	8/2024	—	(1)	(1)	—	%
Coupa Holdings, LLC(10)(23)(27)	First lien senior secured revolving loan	S +	7.50%	2/2029	—	(1)	(1)	—	%
Delta TopCo, Inc. (dba Infoblox, Inc.)(16)(27)	Second lien senior secured loan	S +	7.25%	12/2028	15,000	14,945	14,550	0.2	%
EET Buyer, Inc. (dba e-Emphasys)(15)(27)	First lien senior secured loan	S +	6.50%	11/2027	4,489	4,454	4,489	0.1	%
EET Buyer, Inc. (dba e-Emphasys)(10)(23)(27)	First lien senior secured revolving loan	S +	6.50%	11/2027	—	(3)	—	—	%
Forescout Technologies, Inc.(12)(27)	First lien senior secured loan	L +	9.35% PIK	8/2026	108,635	107,801	109,178	1.8	%
Forescout Technologies, Inc.(10)(23)(24)(27)	First lien senior secured delayed draw term loan	L +	9.00%	7/2024	—	(185)	—	—	%
Forescout Technologies, Inc.(10)(23)(27)	First lien senior secured revolving loan	L +	8.50%	8/2025	—	(40)	—	—	%

14

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Genesis Acquisition Co. (dba Procare Software)(15)(27)	First lien senior secured loan	S +	5.00%	7/2025	17,848	17,776	17,804	0.3	%
Genesis Acquisition Co. (dba Procare Software)(15)(27)	First lien senior secured revolving loan	S +	5.00%	7/2025	2,637	2,627	2,630	—	%
Granicus, Inc.(15)(27)	First lien senior secured loan	S +	5.50%	1/2027	15,890	15,646	15,612	0.3	%
Granicus, Inc.(10)(15)(27)	First lien senior secured revolving loan	S +	6.50%	1/2027	368	351	347	—	%
H&F Opportunities LUX III S.À R.L (dba Checkmarx)(14)(27)(29)	First lien senior secured loan	S +	7.50%	4/2026	51,567	50,744	51,567	0.9	%
H&F Opportunities LUX III S.À R.L (dba Checkmarx)(10)(23)(27)(29)	First lien senior secured revolving loan	S +	7.50%	4/2026	—	(227)	—	—	%
Hyland Software, Inc.(6)(11)(27)	Second lien senior secured loan	L +	6.25%	7/2025	15,482	15,474	14,824	0.2	%
Litera Bidco LLC(14)(27)	First lien senior secured loan	S +	5.25%	5/2026	147,916	146,794	147,756	2.5	%
Litera Bidco LLC(10)(23)(27)	First lien senior secured revolving loan	S +	5.25%	5/2026	—	(25)	(14)	—	%
MessageBird BidCo B.V.(11)(27)(29)	First lien senior secured loan	L +	6.75%	5/2027	44,917	44,221	44,468	0.7	%
MINDBODY, Inc.(11)(27)	First lien senior secured loan	L +	7.00%	2/2025	67,637	67,387	67,298	1.1	%
MINDBODY, Inc.(10)(23)(27)	First lien senior secured revolving loan	L +	7.00%	2/2025	—	(16)	(30)	—	%
Ministry Brands Holdings, LLC(14)(27)	First lien senior secured loan	S +	5.50%	12/2028	697	686	683	—	%
Ministry Brands Holdings, LLC(10)(14)(24)(27)	First lien senior secured delayed draw term loan	S +	5.50%	12/2023	28	26	26	—	%
Ministry Brands Holdings, LLC(10)(15)(27)	First lien senior secured revolving loan	S +	5.50%	12/2027	25	24	24	—	%
Proofpoint, Inc.(14)(27)	Second lien senior secured loan	S +	6.25%	8/2029	19,600	19,519	18,963	0.3	%
QAD, Inc.(14)(27)	First lien senior secured loan	S +	5.38%	11/2027	26,239	25,835	25,714	0.4	%
QAD, Inc.(10)(23)(27)	First lien senior secured revolving loan	S +	5.38%	11/2027	—	(50)	(69)	—	%
SailPoint Technologies Holdings, Inc.(14)(27)	First lien senior secured loan	S +	6.25%	8/2029	45,640	44,763	45,070	0.8	%
SailPoint Technologies Holdings, Inc.(10)(23)(27)	First lien senior secured revolving loan	S +	6.25%	8/2028	—	(74)	(54)	—	%
Securonix, Inc.(15)(27)	First lien senior secured loan	S +	6.50%	4/2028	847	840	818	—	%
Securonix, Inc.(10)(23)(27)	First lien senior secured revolving loan	S +	6.50%	4/2028	—	(1)	(5)	—	%

15

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Tahoe Finco, LLC(11)(27)(29)	First lien senior secured loan	L +	6.00%	9/2028	123,256	122,270	122,023	2.1	%
Tahoe Finco, LLC(10)(23)(27)(29)	First lien senior secured revolving loan	L +	6.00%	10/2027	—	(66)	(92)	—	%
Thunder Purchaser, Inc. (dba Vector Solutions)(15)(27)	First lien senior secured loan	S +	5.75%	6/2028	63,825	63,339	63,347	1.1	%
Thunder Purchaser, Inc. (dba Vector Solutions)(10)(15)(24)(27)	First lien senior secured delayed draw term loan	S +	5.75%	8/2023	3,908	3,875	3,879	0.1	%
Thunder Purchaser, Inc. (dba Vector Solutions)(10)(15)(27)	First lien senior secured revolving loan	S +	5.75%	6/2027	3,235	3,209	3,206	0.1	%
When I Work, Inc.(12)(27)	First lien senior secured loan	L +	7.00% PIK	11/2027	5,384	5,346	5,290	0.1	%
When I Work, Inc.(10)(23)(27)	First lien senior secured revolving loan	L +	6.00%	11/2027	—	(7)	(16)	—	%
Zendesk, Inc.(15)(27)	First lien senior secured loan	S +	7.00% (3.50% PIK)	11/2028	70,017	68,737	68,791	1.2	%
Zendesk, Inc.(10)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	6.50%	11/2024	—	(578)	(130)	—	%
Zendesk, Inc.(10)(23)(27)	First lien senior secured revolving loan	S +	6.50%	11/2028	—	(128)	(125)	—	%
					1,616,488	1,598,156	1,605,916	26.9	%
Leisure and entertainment
Troon Golf, L.L.C.(15)(27)	First lien senior secured loan	S +	5.75%	8/2027	238,919	238,043	237,724	4.0	%
Troon Golf, L.L.C.(10)(23)(27)	First lien senior secured revolving loan	S +	5.75%	8/2026	—	(67)	(108)	—	%
					238,919	237,976	237,616	4.0	%
Manufacturing
BCPE Watson (DE) ORML, LP(9)(16)(27)(29)	First lien senior secured loan	S +	6.50%	7/2028	15,000	14,869	14,925	0.3	%
Gloves Buyer, Inc. (dba Protective Industrial Products)(14)(27)	Second lien senior secured loan	S +	8.25%	12/2028	29,250	28,687	28,811	0.5	%
Helix Acquisition Holdings, Inc. (dba MW Industries)(15)(27)	First lien senior secured loan	S +	7.00%	3/2030	1,000	971	973	—	%
Ideal Tridon Holdings, Inc.(16)(27)	First lien senior secured loan	S +	6.75%	4/2028	27,370	26,579	26,549	0.4	%
Ideal Tridon Holdings, Inc.(10)(14)(27)	First lien senior secured revolving loan	S +	6.75%	4/2028	732	659	655	—	%
MHE Intermediate Holdings, LLC (dba OnPoint Group)(15)(27)	First lien senior secured loan	S +	6.00%	7/2027	180,855	179,538	179,950	3.0	%
MHE Intermediate Holdings, LLC (dba OnPoint Group)(10)(15)(27)	First lien senior secured revolving loan	S +	6.00%	7/2027	4,039	3,934	3,962	0.1	%
PHM Netherlands Midco B.V. (dba Loparex)(12)(27)	First lien senior secured loan	L +	4.50%	7/2026	774	740	741	—	%
PHM Netherlands Midco B.V. (dba Loparex)(12)(27)	Second lien senior secured loan	L +	8.75%	7/2027	112,000	107,171	108,640	1.8	%

16

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Safety Products/JHC Acquisition Corp. (dba Justrite Safety Group)(6)(14)(27)	First lien senior secured loan	S +	4.50%	6/2026	13,709	13,644	12,925	0.2	%
Sonny's Enterprises, LLC(15)(27)	First lien senior secured loan	S +	6.75%	8/2028	228,739	226,253	225,308	3.8	%
Sonny's Enterprises, LLC(10)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	6.75%	11/2024	—	(15)	(15)	—	%
Sonny's Enterprises, LLC(10)(23)(27)	First lien senior secured revolving loan	S +	6.75%	8/2027	—	(162)	(270)	—	%
					613,468	602,868	603,154	10.1	%
Oil and gas
Project Power Buyer, LLC (dba PEC-Veriforce)(15)(27)	First lien senior secured loan	S +	7.00%	5/2026	44,403	44,109	43,959	0.7	%
Project Power Buyer, LLC (dba PEC-Veriforce)(10)(23)(27)	First lien senior secured revolving loan	S +	7.00%	5/2025	—	(12)	(32)	—	%
					44,403	44,097	43,927	0.7	%
Professional services
AmSpec Group, Inc. (fka AmSpec Services Inc.)(13)(27)	First lien senior secured loan	L +	5.75%	7/2024	108,556	108,153	108,556	1.8	%
AmSpec Group, Inc. (fka AmSpec Services Inc.)(10)(17)(27)	First lien senior secured revolving loan	P +	3.75%	7/2024	7,428	7,385	7,428	0.1	%
Apex Group Treasury LLC(12)(27)(29)	Second lien senior secured loan	L +	6.75%	7/2029	44,147	43,535	43,375	0.7	%
Apex Service Partners, LLC(15)(27)	First lien senior secured loan	S +	5.50%	7/2025	989	979	987	—	%
Apex Service Partners, LLC(10)(27)	First lien senior secured revolving loan	S +	5.25%	7/2025	—	—	—	—	%
Apex Service Partners Intermediate 2, LLC(22)(27)	First lien senior secured loan		12.50% PIK	7/2027	53,329	52,312	52,663	0.9	%
Gerson Lehrman Group, Inc.(15)(27)	First lien senior secured loan	S +	5.25%	12/2024	120,990	120,659	120,990	2.0	%
Gerson Lehrman Group, Inc.(10)(14)(27)	First lien senior secured revolving loan	S +	5.25%	12/2024	10,782	10,730	10,782	0.2	%
Guidehouse Inc.(14)(27)	First lien senior secured loan	S +	6.25%	10/2028	4,579	4,543	4,557	0.1	%
Relativity ODA LLC(14)(27)	First lien senior secured loan	S +	6.50%	5/2027	85,834	85,059	85,834	1.4	%
Relativity ODA LLC(10)(23)(27)	First lien senior secured revolving loan	S +	6.50%	5/2027	—	(71)	—	—	%
Sensor Technology Topco, Inc. (dba Humanetics)(15)(27)	First lien senior secured loan	S +	6.50%	5/2026	63,708	63,247	63,230	1.1	%
Sensor Technology Topco, Inc. (dba Humanetics)(19)(27)	First lien senior secured EUR term loan	E +	6.75%	5/2026	12,512	12,368	12,418	0.2	%
Sensor Technology Topco, Inc. (dba Humanetics)(10)(19)(27)	First lien senior secured revolving loan	E +	6.75%	5/2026	1,152	1,112	1,110	—	%
					514,006	510,011	511,930	8.5	%

17

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(2)(3)		Fair Value		Percentage of Net Assets
Specialty retail
Galls, LLC(15)(27)	First lien senior secured loan	S +	6.75% (0.50% PIK)	1/2025	112,291		111,808		111,449		1.9	%
Galls, LLC(10)(15)(27)	First lien senior secured revolving loan	S +	6.75%	1/2024	14,633		14,496		14,389		0.2	%
Ideal Image Development, LLC(14)(27)	First lien senior secured loan	S +	6.50%	9/2027	11,620		11,418		10,632		0.2	%
Ideal Image Development, LLC(14)(27)	First lien senior secured revolving loan	S +	6.50%	9/2027	1,829		1,799		1,674		—	%
Milan Laser Holdings LLC(14)(27)	First lien senior secured loan	S +	5.00%	4/2027	23,933		23,769		23,933		0.4	%
Milan Laser Holdings LLC(10)(23)(27)	First lien senior secured revolving loan	S +	5.00%	4/2026	—		(12)		—		—	%
Notorious Topco, LLC (dba Beauty Industry Group)(15)(27)	First lien senior secured loan	S +	6.75%	11/2027	108,803		107,524		106,899		1.8	%
Notorious Topco, LLC (dba Beauty Industry Group)(10)(15)(24)(27)	First lien senior secured delayed draw term loan	S +	6.75%	11/2023	9,482		9,308		9,284		0.2	%
Notorious Topco, LLC (dba Beauty Industry Group)(10)(15)(27)	First lien senior secured revolving loan	S +	6.75%	5/2027	638		537		471		—	%
The Shade Store, LLC(15)(27)	First lien senior secured loan	S +	6.00%	10/2027	8,955		8,869		8,575		0.1	%
The Shade Store, LLC(10)(15)(27)	First lien senior secured revolving loan	S +	6.00%	10/2026	473		465		434		—	%
					292,657		289,981		287,740		4.8	%
Transportation
Lightbeam Bidco, Inc. (dba Lazer Spot)(15)(27)	First lien senior secured loan	S +	6.25%	5/2030	3,929		3,890		3,887		0.1	%
Lightbeam Bidco, Inc. (dba Lazer Spot)(10)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	6.25%	11/2024	—		(3)		—		—	%
Lightbeam Bidco, Inc. (dba Lazer Spot)(10)(23)(27)	First lien senior secured revolving loan	S +	6.25%	5/2029	—		(5)		(5)		—	%
Lytx, Inc.(14)(27)	First lien senior secured loan	S +	6.75%	2/2028	71,005		70,394		70,651		1.2	%
Motus Group, LLC(11)(27)	Second lien senior secured loan	L +	6.50%	12/2029	10,810		10,717		10,649		0.2	%
					85,744		84,993		85,182		1.5	%
Total non-controlled/non-affiliated portfolio company debt investments					$	11,083,397	$	10,931,130	$	10,796,605	180.7	%
Equity Investments
Aerospace and defense
Space Exploration Technologies Corp.(27)(28)(31)	Class A Common Stock		N/A	N/A	46,605		2,556		3,588		0.1	%
Space Exploration Technologies Corp.(27)(28)(31)	Class C Common Stock		N/A	N/A	9,360		446		721		—	%
							3,002		4,309		0.1	%

18

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Asset based lending and fund finance
Amergin Asset Management, LLC(27)(28)(29)(31)	Class A Units		N/A	N/A	50,000,000	1	—	—	%
						1	—	—	%
Automotive
CD&R Value Building Partners I, L.P. (dba Belron)(27)(28)(29)(31)	LP Interest		N/A	N/A	32,912	32,911	35,154	0.6	%
Metis HoldCo, Inc. (dba Mavis Tire Express Services)(22)(27)(28)	Series A Convertible Preferred Stock		7.00% PIK	N/A	173,892	169,932	173,891	2.9	%
						202,843	209,045	3.5	%
Buildings and real estate
Associations Finance, Inc.(22)(27)(28)	Preferred Stock		13.50% PIK	N/A	54,800,000	58,876	59,631	1.0	%
Dodge Construction Network Holdings, L.P.(27)(28)(31)	Class A-2 Common Units		N/A	N/A	2,181,629	1,859	1,533	—	%
Dodge Construction Network Holdings, L.P.(27)(28)	Series A Preferred Units	S +	8.25%	N/A	—	45	45	—	%
						60,780	61,209	1.0	%
Business services
Denali Holding, LP (dba Summit Companies)(27)(28)(31)	Class A Units		N/A	N/A	337,460	3,430	4,649	0.1	%
Hercules Buyer, LLC (dba The Vincit Group)(27)(28)(31)(33)	Common Units		N/A	N/A	2,190,000	2,192	2,452	—	%
Knockout Intermediate Holdings I Inc. (dba Kaseya Inc.)(22)(27)(28)	Perpetual Preferred Stock		11.75% PIK	N/A	15,727	15,412	15,688	0.3	%
						21,034	22,789	0.4	%
Consumer Products
ASP Conair Holdings LP(27)(28)(31)	Class A Units		N/A	N/A	60,714	6,071	5,736	0.1	%
						6,071	5,736	0.1	%
Financial services
Blend Labs, Inc.(5)(27)(31)	Common stock		N/A	N/A	72,317	1,000	68	—	%
Blend Labs, Inc.(27)(28)(31)	Warrants		N/A	N/A	179,529	975	1	—	%
						1,975	69	—	%
Food and beverage
H-Food Holdings, LLC(27)(28)(31)	LLC interest		N/A	N/A	1,088	10,874	8,008	0.1	%
Hissho Sushi Holdings, LLC(27)(28)(31)	Class A units		N/A	N/A	7,502	75	91	—	%
						10,949	8,099	0.1	%

19

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Healthcare equipment and services
KPCI Holdings, L.P.(27)(28)(31)	Class A Units		N/A	N/A	32,285	32,285	35,112	0.6	%
Maia Aggregator, LP(27)(28)(31)	Class A-2 Units		N/A	N/A	168,539	169	179	—	%
Patriot Holdings SCSp (dba Corza Health, Inc.)(27)(28)(29)(31)	Class B Units		N/A	N/A	97,833	150	1,625	—	%
Patriot Holdings SCSp (dba Corza Health, Inc.)(22)(27)(28)(29)	Class A Units		8.00% PIK	N/A	7,104	9,230	9,219	0.2	%
Rhea Acquisition Holdings, LP(27)(28)(31)	Series A-2 Units		N/A	N/A	119,048	119	154	—	%
						41,953	46,289	0.8	%
Healthcare providers and services
KOBHG Holdings, L.P. (dba OB Hospitalist)(27)(28)(31)	Class A Interests		N/A	N/A	6,670	6,670	6,196	0.1	%
						6,670	6,196	0.1	%
Healthcare technology
BEHP Co-Investor II, L.P.(27)(28)(29)(31)	LP Interest		N/A	N/A	1,269,969	1,266	1,325	—	%
WP Irving Co-Invest, L.P.(27)(28)(29)(31)	Partnership Units		N/A	N/A	1,250,000	1,250	1,304	—	%
Minerva Holdco, Inc.(22)(27)(28)	Series A Preferred Stock		10.75% PIK	N/A	8,114	7,991	7,307	0.1	%
						10,507	9,936	0.1	%
Household products
Evology, LLC(27)(28)(31)	Class B Units		N/A	N/A	451	2,160	2,974	—	%
						2,160	2,974	—	%
Human resource support services
Sunshine Software Holdings, Inc. (dba Cornerstone OnDemand)(22)(27)(28)	Series A Preferred Stock		10.50% PIK	N/A	45,863	45,044	40,360	0.7	%
						45,044	40,360	0.7	%
Insurance
Accelerate Topco Holdings, LLC(27)(28)(31)	Common Units		N/A	N/A	513	14	15	—	%
Evolution Parent, LP (dba SIAA)(27)(28)(31)	LP Interest		N/A	N/A	42,838	4,284	4,793	0.1	%
GrowthCurve Capital Sunrise Co-Invest LP (dba Brightway)(27)(28)(31)	LP Interest		N/A	N/A	638	638	612	—	%
GoHealth, Inc. (5)(27)(31)	Common stock		N/A	N/A	68,125	5,234	1,343	—	%
PCF Holdco, LLC (dba PCF Insurance Services)(10)(22)(27)(28)	Series A Preferred Units		15.00% PIK	N/A	11,437,106	6,767	6,921	0.1	%
PCF Holdco, LLC (dba PCF Insurance Services)(27)(28)(31)	Class A Units		N/A	N/A	14,772,724	37,464	67,457	1.1	%
PCF Holdco, LLC (dba PCF Insurance Services)(27)(28)(31)	Class A Warrants		N/A	N/A	1,288,200	4,396	4,400	0.1	%
						58,797	85,541	1.4	%

20

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)		Fair Value		Percentage of Net Assets
Internet and software services
BCTO WIW Holdings, Inc. (dba When I Work)(27)(28)(31)	Class A Common Stock		N/A	N/A	13,000	1,300		1,171		—	%
Brooklyn Lender Co-Invest 2, L.P. (dba Boomi)(27)(28)(31)	Common Units		N/A	N/A	7,503,843	7,504		7,707		0.1	%
Elliott Alto Co-Investor Aggregator L.P.(27)(28)(29)(31)	LP Interest		N/A	N/A	3,227	3,153		2,970		—	%
Insight CP (Blocker) Holdings, L.P. (dba CivicPlus, LLC)(27)(28)(29)(31)	LP Interest		N/A	N/A	1,230	1,230		1,230		—	%
MessageBird Holding B.V.(27)(28)(29)(31)	Extended Series C Warrants		N/A	N/A	122,890	753		138		—	%
Picard Holdco, LLC(15)(27)(28)	Series A Preferred Stock	S +	12.00% PIK	N/A	27,580	26,875		25,167		0.4	%
Project Alpine Co-Invest Fund, LP(27)(28)(29)(31)	LP Interest		N/A	N/A	10,006	10,006		10,974		0.2	%
Project Hotel California Co-Invest Fund, L.P.(27)(28)(29)(31)	LP Interest		N/A	N/A	2,687	2,687		2,686		—	%
Thunder Topco L.P. (dba Vector Solutions)(27)(28)(31)	Common Units		N/A	N/A	3,829,614	3,830		3,922		0.1	%
VEPF Torreys Aggregator, LLC (dba MINDBODY, Inc.)(22)(27)(28)	Series A Preferred Stock		6.00% PIK	N/A	21,250	23,224		22,992		0.4	%
WMC Bidco, Inc. (dba West Monroe)(22)(27)(28)	Senior Preferred Stock		11.25% PIK	N/A	20,069	19,704		18,925		0.3	%
Zoro TopCo, Inc. (22)(27)(28)	Series A Preferred Stock		12.50% PIK	N/A	10,291	9,967		10,072		0.2	%
Zoro TopCo, Inc. (27)(28)(31)	Class A Common Units		N/A	N/A	796,165	7,962		7,962		0.1	%
						118,195		115,916		1.8	%
Manufacturing
Gloves Holdings, LP (dba Protective Industrial Products)(27)(28)(31)	LP Interest		N/A	N/A	325	3,250		3,851		0.1	%
Windows Entities(27)(28)(32)	LLC Units		N/A	N/A	31,849	60,319		131,639		2.2	%
						63,569		135,490		2.3	%
Total non-controlled/non-affiliated portfolio company equity investments						$	653,550	$	753,958	12.4	%
Total non-controlled/non-affiliated portfolio company investments						$	11,584,680	$	11,550,563	193.1	%

21

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(2)(3)		Fair Value		Percentage of Net Assets
Non-controlled/affiliated portfolio company investments
Equity Investments
Pharmaceuticals
LSI Financing 1 DAC(25)(27)(28)(29)	Preferred equity		N/A	N/A	6,174,611		19,680		19,626		0.3	%
							19,680		19,626		0.3	%
Total non-controlled/affiliated portfolio company investments							$	19,680	$	19,626	0.3	%
Controlled/affiliated portfolio company investments
Debt Investments
Advertising and media
Swipe Acquisition Corporation (dba PLI)(15)(26)(27)	First lien senior secured loan	S +	8.00%	6/2026	48,675		48,373		48,675		0.8	%
Swipe Acquisition Corporation (dba PLI)(10)(15)(24)(26)(27)	First lien senior secured delayed draw term loan	S +	8.00%	12/2023	14,493		14,493		14,493		0.2	%
Swipe Acquisition Corporation (dba PLI)(10)(26)(27)	Letter of Credit	S +	8.00%	6/2026	—		1		—		—	%
					63,168		62,867		63,168		1.0	%
Distribution
PS Operating Company LLC (fka QC Supply, LLC)(15)(26)	First lien senior secured loan	S +	6.00%	12/2024	13,241		12,976		12,678		0.2	%
PS Operating Company LLC (fka QC Supply, LLC)(10)(15)(26)	First lien senior secured revolving loan	S +	6.00%	12/2024	3,641		3,567		3,430		0.1	%
					16,882		16,543		16,108		0.3	%
Household products
Walker Edison Furniture Company LLC(14)(26)(27)(30)	First lien senior secured loan	S +	6.75% PIK	3/2027	22,116		20,667		21,673		0.4	%
Walker Edison Furniture Company LLC(10)(14)(26)(27)(30)	First lien senior secured delayed draw term loan	S +	6.75% PIK	3/2027	568		562		568		—	%
Walker Edison Furniture Company LLC(14)(26)(27)(30)	First lien senior secured revolving loan	S +	6.25% PIK	3/2027	11,241		11,241		11,241		0.2	%
					33,925		32,470		33,482		0.6	%
Infrastructure and environmental services
Eagle Infrastructure Services, LLC(15)(26)	First lien senior secured loan	S +	7.50%	4/2028	87,536		85,850		85,785		1.4	%
					87,536		85,850		85,785		1.4	%
Total controlled/affiliated portfolio company debt investments					$	201,511	$	197,730	$	198,543	3.3	%
Equity Investments
Advertising and media
New PLI Holdings, LLC (dba PLI)(26)(27)(28)(31)	Class A Common Units		N/A	N/A	86,745		48,007		97,691		1.6	%
							48,007		97,691		1.6	%

22

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Company(1)(4)(8)(34)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)		Fair Value		Percentage of Net Assets
Asset based lending and fund finance
AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC(10)(26)(27)(28)(29)(31)	LLC Interest		N/A	N/A	6,086	6,086		6,116		0.1	%
AAM Series 2.1 Aviation Feeder, LLC(10)(26)(27)(28)(29)(31)	LLC Interest		N/A	N/A	18,944	18,950		18,944		0.3	%
Wingspire Capital Holdings LLC(9)(10)(26)(28)	LLC Interest		N/A	N/A	400,145	400,145		476,530		8.0	%
						425,181		501,590		8.4	%
Distribution
PS Op Holdings LLC (fka QC Supply, LLC)(26)(28)(31)	Class A Common Units		N/A	N/A	248,271	4,300		3,725		0.1	%
						4,300		3,725		0.1	%
Household products
Walker Edison Holdco LLC(26)(27)(28)(31)	Common Units		N/A	N/A	245,906	23,762		21,485		0.4	%
						23,762		21,485		0.4	%
Infrastructure and environmental services
Eagle Infrastructure Super Holdco LLC(26)(27)(28)(31)	Common Units		N/A	N/A	576,276	24,058		24,058		0.4	%
						24,058		24,058		0.4	%
Insurance
Fifth Season Investments LLC(26)(27)(28)	Class A Units		N/A	N/A	28	111,234		111,234		1.9	%
						111,234		111,234		1.9	%
Joint ventures
Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)(7)(9)(26)(28)(29)	LLC Interest		N/A	N/A	385,339	385,339		364,428		6.1	%
						385,339		364,428		6.1	%
Total controlled/affiliated portfolio company equity investments						$	1,021,881	$	1,124,211	18.9	%
Total controlled/affiliated portfolio company investments						$	1,219,611	$	1,322,754	22.2	%
Total Investments						$	12,823,971	$	12,892,943	215.6	%

	Interest Rate Swaps as of June 30, 2023
	Company Receives	Company Pays	Maturity Date	Notional Amount	Hedged Instrument	Footnote Reference
Interest rate swap	5.25%	L + 2.937%	4/10/2024	400,000	2024 Notes	Note 6
Interest rate swap	2.63%	L + 1.655%	1/15/2027	500,000	2027 Notes	Note 6
Total				900,000

_______________

(1)Certain portfolio company investments are subject to contractual restrictions on sales. Refer to footnote 28 for additional information on our restricted securities.

(2)The amortized cost represents the original cost adjusted for the amortization or accretion of premium or discount, as applicable, on debt investments using the effective interest method.

(3)As of June 30, 2023, the net estimated unrealized loss for U.S. federal income tax purposes was $52.5 million based on a tax cost basis of $12.9 billion. As of June 30, 2023, the estimated aggregate gross unrealized loss for U.S. federal income tax purposes was $341.8 million and the estimated aggregate gross unrealized gain for U.S. federal income tax purposes was $289.3 million.

23

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

(4)Unless otherwise indicated, all investments are considered Level 3 investments.

(5)Level 1 investment.

(6)Level 2 investment.

(7)Investment measured at net asset value (“NAV”).

(8)Unless otherwise indicated, the Company’s portfolio companies are pledged as collateral supporting the amounts outstanding under the Revolving Credit Facility, SPV Asset Facilities and CLOs. See Note 6 “Debt”.

(9)Investment is not pledged as collateral for the credit facilities.

(10)Position or portion thereof is an unfunded loan or equity commitment. See Note 7 “Commitments and Contingencies”.

(11)The interest rate on these loans is subject to 1 month LIBOR, which as of June 30, 2023 was 5.22%.

(12)The interest rate on these loans is subject to 3 month LIBOR, which as of June 30, 2023 was 5.55%.

(13)The interest rate on these loans is subject to 6 month LIBOR, which as of June 30, 2023 was 5.76%.

(14)The interest rate on these loans is subject to 1 month SOFR, which as of June 30, 2023 was 5.14%.

(15)The interest rate on these loans is subject to 3 month SOFR, which as of June 30, 2023 was 5.27%.

(16)The interest rate on these loans is subject to 6 month SOFR, which as of June 30, 2023 was 5.39%.

(17)The interest rate on these loans is subject to Prime, which as of June 30, 2023 was 8.25%.

(18)The interest rate on this loan is subject to 1 month EURIBOR, which as of June 30, 2023 was 3.40%.

(19)The interest rate on this loan is subject to 3 month EURIBOR, which as of June 30, 2023 was 3.58%.

(20)The interest rate on this loan is subject to 6 month EURIBOR, which as of June 30, 2023 was 3.90%.

(21)The interest rate on this loan is subject to SONIA, which as of June 30, 2023 was 4.93%.

(22)Contains a fixed-rate structure.

(23)The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

(24)The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

(25)As defined in the 1940 Act, the Company is deemed to be an “affiliated person” of this portfolio company as the Company owns more than 5% but less than 25% of the portfolio company's voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“non-controlled affiliate”). Transactions related to investments in non-controlled affiliates for the period ended June 30, 2023 were as follows:

($ in thousands)	Fair value as of December 31, 2022		Gross Additions (a)		Gross Reductions(b)		Change in Unrealized Gains (Losses)		Fair value as of June 30, 2023		Interest Income		Dividend Income		Other Income
LSI Financing 1 DAC	6,175		15,045		(1,589)		(5)		19,626		—		177		—
Total Non-Controlled Affiliates	$	6,175	$	15,045	$	(1,589)	$	(5)	$	19,626	$	—	$	177	$	—

________________

(a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category.

(b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities.

(26)As defined in the 1940 Act, the Company is deemed to be both an “Affiliated Person” and has “Control” of this portfolio company as the Company owns more than 25% of the portfolio company’s outstanding voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“controlled affiliate”). The Company’s investment in controlled affiliates for the period ended June 30, 2023, were as follows:

24

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

($ in thousands)	Fair value as of December 31, 2022		Gross Additions (a)		Gross Reductions(b)		Change in Unrealized Gains (Losses)		Fair value as of June 30, 2023		Interest Income		Dividend Income		Other Income
Controlled Affiliates
AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC(d)	$	—	$	6,115	$	(35)	$	36	$	6,116	$	—	$	—	$	—
AAM Series 2.1 Aviation Feeder, LLC(d)	1,568		17,376		—		—		18,944		—		—		—
Eagle Infrastructure Super LLC	—		109,909		(2)		(64)		109,843		2,976		—		2
Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)	89,680		21,554		—		—		111,234		—		1,360		—
Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)(c)	288,981		75,250		(8,750)		8,947		364,428		—		20,659		—
PS Operating Company LLC (fka QC Supply, LLC)	20,361		24		(168)		(384)		19,833		963		—		3
Swipe Acquisition Corporation (dba PLI)	161,680		147		(890)		(78)		160,859		4,288		2,669		555
Walker Edison Furniture Company, LLC	—		56,042		—		(1,075)		54,967		—		—		18
Wingspire Capital Holdings LLC	431,531		53,000		(17,000)		8,999		476,530		—		18,000		—
Total Controlled Affiliates	$	993,801	$	339,417	$	(26,845)	$	16,381	$	1,322,754	$	8,227	$	42,688	$	578

________________

(a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category.

(b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities.

(c)For further description of the Company's investment in Blue Owl Capital Corporation Senior Loan Fund (fka ORCC Senior Loan Fund), see Note 4 "Investments."

(d)In connection with its investment in AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, “Amergin Assetco”) the Company made a minority investment in Amergin Asset Management, LLC which has entered into a Servicing Agreement with Amergin Assetco.

(27)Represents co-investment made with the Company’s affiliates in accordance with the terms of the exemptive relief that the Company received from the U.S. Securities and Exchange Commission. See Note 3 “Agreements and Related Party Transactions.”

(28)Securities acquired in transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”) and may be deemed to be “restricted securities” under the Securities Act. As of June 30, 2023, the aggregate fair value of these securities is $1.9 billion or 31.9% of the Company’s net assets. The acquisition dates of the restricted securities are as follows:

Portfolio Company	Investment	Acquisition Date
AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC**	LLC Interest	7/1/2022
AAM Series 2.1 Aviation Feeder, LLC**	LLC Interest	7/1/2022
Amergin Asset Management, LLC	Class A Units	7/1/2022
Accelerate topco Holdings, LLC	Common Units	9/1/2022
ASP Conair Holdings LP	Class A Units	5/17/2021
Associations Finance, Inc.	Preferred Stock	6/10/2022
Windows Entities	LLC Units	1/16/2020
BCTO WIW Holdings, Inc. (dba When I Work)	Class A Common Stock	11/2/2021
BEHP Co-Investor II, L.P.	LP Interest	5/11/2022
WP Irving Co-Invest, L.P.	Partnership Units	5/18/2022
Blend Labs, Inc.	Warrants	7/2/2021
Brooklyn Lender Co-Invest 2, L.P. (dba Boomi)	Common Units	10/1/2021
CD&R Value Building Partners I, L.P. (dba Belron)	LP Interest	12/2/2021
Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)**	Class A Units	7/18/2022

25

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Portfolio Company	Investment	Acquisition Date
Denali Holding, LP (dba Summit Companies)	Class A Units	9/15/2021
Dodge Construction Network Holdings, LP	Class A-2 Common Units	2/23/2022
Dodge Construction Network Holdings, LP	Series A Preferred Units	2/23/2022
Eagle Infrastructure Super LLC**	Common Units	3/31/2023
Elliott Alto Co-Investor Aggregator L.P.	LP Interest	9/27/2022
Picard Holdco, LLC	Series A Preferred Stock	9/30/2022
Evology, LLC	Class B Units	1/24/2022
Evolution Parent, LP (dba SIAA)	LP Interest	4/30/2021
Gloves Holdings, LP (dba Protective Industrial Products)	LP Interest	12/29/2020
GrowthCurve Capital Sunrise Co-Invest LP (dba Brightway)	LP Interest	12/16/2021
Hercules Buyer, LLC (dba The Vincit Group)	Common Units	12/15/2020
Hissho Sushi Holdings, LLC	Class A units	5/17/2022
Insight CP (Blocker) Holdings, L.P. (dba CivicPlus, LLC)	LP Interest	6/8/2022
Knockout Intermediate Holdings I Inc. (dba Kaseya)	Perpetual Preferred Stock	6/23/2022
KOBHG Holdings, L.P. (dba OB Hospitalist)	Class A Interests	9/27/2021
Maia Aggregator, LP	Class A-2 Units	2/1/2022
H-Food Holdings, LLC	LLC Interest	11/23/2018
LSI Financing 1 DAC**	Preferred equity	12/14/2022
MessageBird Holding B.V.	Extended Series C Warrants	5/5/2021
Metis HoldCo, Inc. (dba Mavis Tire Express Services)	Series A Convertible Preferred Stock	5/4/2021
Minerva Holdco, Inc.	Series A Preferred Stock	2/15/2022
KPCI Holdings, L.P.	Class A Units	11/30/2020
Patriot Holdings SCSp (dba Corza Health, Inc.)	Class B Units	1/29/2021
Patriot Holdings SCSp (dba Corza Health, Inc.)	Class A Units	1/29/2021
PCF Holdco, LLC (dba PCF Insurance Services)	Class A Units	11/1/2021
Project Alpine Co-Invest Fund, LP	LP Interest	6/10/2022
Project Hotel California Co-Invest Fund, L.P.	LP Interest	8/9/2022
PS Op Holdings LLC (fka QC Supply, LLC)**	Class A Common Units	12/21/2021
Rhea Acquisition Holdings, LP	Series A-2 Units	2/18/2022
Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)*	LLC Interest	6/20/2017
Space Exploration Technologies Corp.	Class A Common Stock	3/25/2021
Space Exploration Technologies Corp.	Class C Common Stock	3/25/2021
Sunshine Software Holdings, Inc. (dba Cornerstone OnDemand)	Series A Preferred Stock	10/14/2021
New PLI Holdings, LLC (dba PLI)**	Class A Common Units	12/23/2020
Thunder Topco L.P. (dba Vector Solutions)	Common Units	6/30/2021
VEPF Torreys Aggregator, LLC (dba MINDBODY, Inc.)	Series A Preferred Stock	10/15/2021
Walker Edison Holdco LLC**	Common Units	3/1/2023
Wingspire Capital Holdings LLC**	LLC Interest	9/24/2019
WMC Bidco, Inc. (dba West Monroe)	Senior Preferred Stock	11/9/2021
Zoro TopCo, L.P.	Series A Preferred Stock	11/22/2022
Zoro TopCo, L.P.	Class A Common Units	11/22/2022

* Refer to Note 4 “Investments – Blue Owl Capital Corporation Senior Loan Fund LLC,” for further information.

** Refer to Note 3 “Agreements and Related Party Transactions – Controlled/Affiliated Portfolio Companies”.

(29)This portfolio company is not a qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of total assets. As of June 30, 2023, non-qualifying assets represented 13.6% of total assets as calculated in accordance with the regulatory requirements.

(30)Loan was on non-accrual status as of June 30, 2023.

(31)Investment is non-income producing.

(32)Investment represents multiple underlying investments, including Midwest Custom Windows, LLC, Greater Toronto Custom Windows, Corp., Garden State Custom Windows, LLC, Long Island Custom Windows, LLC, Jemico, LLC, Atlanta Custom Windows, LLC and

26

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of June 30, 2023

(Amounts in thousands, except share amounts)

(Unaudited)

Fairchester Custom Windows. Greater Toronto Custom Windows, Corp. is considered a non-qualifying asset, with a fair value of $9.9 million as of June 30, 2023.

(33)We invest in this portfolio company through underlying blocker entities Hercules Blocker 1 LLC, Hercules Blocker 2 LLC, Hercules Blocker 3 LLC, Hercules Blocker 4 LLC, and Hercules Blocker 5 LLC.

(34)Unless otherwise indicated, loan contains a variable rate structure and may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the London Interbank Offered Rate (“LIBOR” or “L”, which can include one-, three-, six- or twelve- month LIBOR), Secured Overnight Financing Rate ("SOFR" or "S," which can include one-, three- or six- month SOFR), Euro Interbank Offered Rate (“EURIBOR”), Great Britain Pound London Interbank Offered Rate (“GBPLIBOR” or “G”, which can include three- or six-month GBPLIBOR), SONIA ("SONIA” or "SA") or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.

The accompanying notes are an integral part of these consolidated financial statements.

27

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(2)(3)		Fair Value		Percentage of Net Assets
Non-controlled/non-affiliated portfolio company investments
Debt Investments
Advertising and media
Global Music Rights, LLC(10)(12)(27)	First lien senior secured loan	L +	5.50%	8/2028	$	7,425	$	7,300	$	7,425	0.1	%
Global Music Rights, LLC(10)(22)(23)(27)	First lien senior secured revolving loan	L +	5.50%	8/2027	—		(10)		—		—	%
The NPD Group, L.P.(10)(14)(27)	First lien senior secured loan	S +	6.25% (incl. 2.75% PIK)	12/2028	23,717		23,252		23,243		0.4	%
The NPD Group, L.P.(10)(14)(22)(27)	First lien senior secured revolving loan	S +	5.75%	12/2027	181		153		151		—	%
					31,323		30,695		30,819		0.5	%
Aerospace and defense
Aviation Solutions Midco, LLC (dba STS Aviation)(10)(12)(27)	First lien senior secured loan	L +	7.25%	1/2025	212,678		211,054		205,233		3.5	%
Peraton Corp.(6)(10)(11)(27)	Second lien senior secured loan	L +	7.75%	2/2029	46,113		45,539		43,691		0.7	%
Valence Surface Technologies LLC(10)(15)(27)	First lien senior secured loan	S +	7.75% (incl. 3.875% PIK)	6/2025	128,074		127,233		102,459		1.7	%
Valence Surface Technologies LLC(10)(15)(22)(27)	First lien senior secured revolving loan	S +	7.75%	6/2025	10,408		10,345		8,316		0.1	%
					397,273		394,171		359,699		6.0	%
Asset based lending and fund finance
Hg Genesis 8 Sumoco Limited(10)(20)(27)(29)	Unsecured facility	SA +	6.00% (incl. 6.00% PIK)	8/2025	45,071		49,137		45,071		0.8	%
Hg Genesis 9 SumoCo Limited(10)(18)(27)(29)	Unsecured facility	E +	7.00% (incl. 7.00% PIK)	3/2027	46,914		48,136		46,914		0.8	%
Hg Saturn Luchaco Limited(10)(20)(27)(29)	Unsecured facility	SA +	7.50% (incl. 7.50% PIK)	3/2026	120,209		135,817		118,706		2.0	%
					212,194		233,090		210,691		3.6	%
Buildings and real estate
Associations, Inc.(10)(15)(27)	First lien senior secured loan	S +	6.50% (incl. 2.50% PIK)	7/2027	386,382		383,491		385,414		6.6	%
Associations, Inc.(10)(15)(22)(24)(27)	First lien senior secured delayed draw term loan	S +	6.50% (incl. 2.50% PIK)	6/2024	3,714		3,274		3,590		0.1	%
Associations, Inc.(10)(22)(23)(27)	First lien senior secured revolving loan	S +	4.00%	7/2027	—		(247)		(82)		—	%
REALPAGE, INC.(10)(11)(27)	Second lien senior secured loan	L +	6.50%	4/2029	34,500		34,067		33,033		0.6	%
					424,596		420,585		421,955		7.3	%

28

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Business services
Access CIG, LLC(10)(11)(27)	Second lien senior secured loan	L +	7.75%	2/2026	58,760	58,429	58,465	1.0	%
CIBT Global, Inc.(10)(12)(27)(30)	First lien senior secured loan	L +	5.25% (incl. 4.25% PIK)	6/2025	903	616	470	—	%
CIBT Global, Inc.(10)(12)(27)(30)	Second lien senior secured loan	L +	7.75% (incl. 7.75% PIK)	12/2025	63,678	26,736	6,048	0.1	%
Denali BuyerCo, LLC (dba Summit Companies)(10)(12)(27)	First lien senior secured loan	L +	5.75%	9/2028	43,339	42,786	42,905	0.7	%
Denali BuyerCo, LLC (dba Summit Companies)(10)(12)(22)(24)(27)	First lien senior secured delayed draw term loan	L +	5.75%	9/2023	8,229	8,122	8,147	0.1	%
Denali BuyerCo, LLC (dba Summit Companies)(10)(22)(23)(27)	First lien senior secured revolving loan	L +	5.75%	9/2027	—	(24)	(30)	—	%
Diamondback Acquisition, Inc. (dba Sphera)(10)(11)(27)	First lien senior secured loan	L +	5.50%	9/2028	4,109	4,039	4,068	0.1	%
Diamondback Acquisition, Inc. (dba Sphera)(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	L +	5.50%	9/2023	—	(9)	—	—	%
Entertainment Benefits Group, LLC(10)(14)(27)	First lien senior secured loan	S +	4.75%	5/2028	862	855	862	—	%
Entertainment Benefits Group, LLC(10)(14)(22)(27)	First lien senior secured revolving loan	S +	4.75%	4/2027	89	88	89	—	%
Fullsteam Operations, LLC(10)(12)(22)(24)(27)	First lien senior secured delayed draw term loan	L +	7.50% (incl. 3.00% PIK)	5/2024	6,121	5,940	5,994	0.1	%
Gainsight, Inc.(10)(12)(27)	First lien senior secured loan	L +	6.75% (incl. 6.75% PIK)	7/2027	21,222	20,951	20,902	0.4	%
Gainsight, Inc.(10)(22)(23)(27)	First lien senior secured revolving loan	L +	6.25%	7/2027	—	(45)	(50)	—	%
Hercules Borrower, LLC (dba The Vincit Group)(10)(12)(27)	First lien senior secured loan	L +	6.50%	12/2026	176,892	175,005	176,447	3.0	%
Hercules Borrower, LLC (dba The Vincit Group)(10)(13)(22)(27)	First lien senior secured revolving loan	L +	6.50%	12/2026	2,231	2,024	2,179	—	%
Hercules Buyer, LLC (dba The Vincit Group)(21)(27)(33)	Unsecured notes		0.48% (incl. 0.48% PIK)	12/2029	5,160	5,160	5,160	0.1	%

29

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Kaseya Inc.(10)(15)(27)	First lien senior secured loan	S +	5.75%	6/2029	18,732	18,377	18,544	0.3	%
Kaseya Inc.(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	5.75%	6/2024	—	(10)	—	—	%
Kaseya Inc.(10)(22)(23)(27)	First lien senior secured revolving loan	S +	5.75%	6/2029	—	(21)	(11)	—	%
KPSKY Acquisition, Inc. (dba BluSky)(10)(11)(27)	First lien senior secured loan	L +	5.50%	10/2028	4,941	4,856	4,817	0.1	%
Ping Identity Holding Corp.(10)(14)(27)	First lien senior secured loan	S +	7.00%	10/2029	909	896	895	—	%
Ping Identity Holding Corp.(10)(22)(23)(27)	First lien senior secured revolving loan	S +	7.00%	10/2028	—	(1)	(1)	—	%
					416,177	374,770	355,900	6.0	%
Chemicals
Aruba Investments Holdings LLC (dba Angus Chemical Company)(10)(11)(27)	Second lien senior secured loan	L +	7.75%	11/2028	10,000	9,880	9,850	0.2	%
Douglas Products and Packaging Company LLC(10)(14)(27)	First lien senior secured loan	S +	7.00%	6/2025	18,688	18,505	18,501	0.3	%
Douglas Products and Packaging Company LLC(10)(22)(23)(27)	First lien senior secured revolving loan	S +	7.00%	6/2025	—	(24)	(24)	—	%
Gaylord Chemical Company, L.L.C.(10)(12)(27)	First lien senior secured loan	L +	6.50%	3/2027	151,107	149,966	151,106	2.6	%
Gaylord Chemical Company, L.L.C.(10)(22)(23)(27)	First lien senior secured revolving loan	L +	6.00%	3/2026	—	(86)	—	—	%
Velocity HoldCo III Inc. (dba VelocityEHS)(10)(13)(27)	First lien senior secured loan	L +	5.75%	4/2027	21,992	21,614	21,992	0.4	%
Velocity HoldCo III Inc. (dba VelocityEHS)(10)(11)(22)(27)	First lien senior secured revolving loan	L +	5.75%	4/2026	268	248	268	—	%
					202,055	200,103	201,693	3.5	%
Consumer products
Conair Holdings, LLC(10)(12)(27)	Second lien senior secured loan	L +	7.50%	5/2029	187,500	186,310	170,626	2.9	%
Feradyne Outdoors, LLC(10)(14)(27)	First lien senior secured loan	S +	6.25%	2/2024	86,016	85,934	84,726	1.4	%
Foundation Consumer Brands, LLC(10)(12)(27)	First lien senior secured loan	L +	5.50%	2/2027	3,456	3,456	3,447	0.1	%
Lignetics Investment Corp.(10)(12)(27)	First lien senior secured loan	L +	6.00%	11/2027	31,059	30,733	30,438	0.5	%
Lignetics Investment Corp.(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	L +	6.00%	11/2023	—	(39)	(78)	—	%
Lignetics Investment Corp.(10)(11)(22)(27)	First lien senior secured revolving loan	L +	6.00%	10/2026	2,824	2,778	2,729	—	%

30

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
SWK BUYER, Inc. (dba Stonewall Kitchen)(10)(16)(27)	First lien senior secured loan	S +	5.25%	3/2029	751	737	728	—	%
SWK BUYER, Inc. (dba Stonewall Kitchen)(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	5.25%	3/2024	—	(2)	(4)	—	%
SWK BUYER, Inc. (dba Stonewall Kitchen)(10)(14)(22)(27)	First lien senior secured revolving loan	S +	5.25%	3/2029	25	23	22	—	%
WU Holdco, Inc. (dba Weiman Products, LLC)(10)(12)(27)	First lien senior secured loan	L +	5.50%	3/2026	202,864	200,481	197,793	3.4	%
WU Holdco, Inc. (dba Weiman Products, LLC)(10)(12)(22)(27)	First lien senior secured revolving loan	L +	5.50%	3/2025	9,987	9,826	9,507	0.2	%
					524,482	520,237	499,934	8.5	%
Containers and packaging
Ascend Buyer, LLC (dba PPC Flexible Packaging)(10)(14)(27)	First lien senior secured loan	S +	6.25%	10/2028	5,498	5,451	5,457	0.1	%
Ascend Buyer, LLC (dba PPC Flexible Packaging)(10)(22)(23)(27)	First lien senior secured revolving loan	S +	6.25%	9/2027	—	(4)	(4)	—	%
Fortis Solutions Group, LLC(10)(12)(27)	First lien senior secured loan	L +	5.50%	10/2028	4,616	4,536	4,489	0.1	%
Fortis Solutions Group, LLC(10)(22)(24)(27)	First lien senior secured delayed draw term loan	L +	5.50%	10/2023	—	—	—	—	%
Fortis Solutions Group, LLC(10)(13)(22)(27)	First lien senior secured revolving loan	L +	5.50%	10/2027	62	54	49	—	%
Indigo Buyer, Inc. (dba Inovar Packaging Group)(10)(15)(27)	First lien senior secured loan	S +	5.75%	5/2028	647	641	647	—	%
Indigo Buyer, Inc. (dba Inovar Packaging Group)(10)(22)(24)(27)	First lien senior secured delayed draw term loan	S +	5.75%	5/2024	—	—	—	—	%
Indigo Buyer, Inc. (dba Inovar Packaging Group)(10)(15)(22)(27)	First lien senior secured revolving loan	S +	5.75%	5/2028	17	16	17	—	%
Pregis Topco LLC(10)(11)(27)	Second lien senior secured loan	L +	7.02%	8/2029	160,000	157,716	158,193	2.7	%
					170,840	168,410	168,848	2.9	%
Distribution
ABB/Con-cise Optical Group LLC(10)(13)(27)	First lien senior secured loan	L +	7.50%	2/2028	67,415	66,517	67,247	1.1	%
ABB/Con-cise Optical Group LLC(10)(13)(22)(27)	First lien senior secured revolving loan	L +	7.50%	2/2028	6,722	6,631	6,704	0.1	%
Aramsco, Inc.(10)(11)(27)	First lien senior secured loan	L +	5.25%	8/2024	55,322	54,893	55,183	0.9	%
Aramsco, Inc.(10)(11)(22)(27)	First lien senior secured revolving loan	L +	5.25%	8/2024	1,676	1,618	1,655	—	%

31

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Endries Acquisition, Inc.(10)(15)(27)	First lien senior secured loan	S +	6.25%	12/2025	237,607	235,615	237,607	4.0	%
BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC)(10)(15)(27)	First lien senior secured loan	S +	6.25%	11/2025	133,438	131,992	133,104	2.3	%
BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC)(10)(22)(23)(27)	First lien senior secured revolving loan	S +	6.25%	11/2024	—	(176)	(54)	—	%
Offen, Inc.(10)(11)(27)	First lien senior secured loan	L +	5.00%	6/2026	18,695	18,596	18,695	0.3	%
					520,875	515,686	520,141	8.7	%
Education
Learning Care Group (US) No. 2 Inc.(10)(12)(27)	Second lien senior secured loan	L +	7.50%	3/2026	26,967	26,726	25,822	0.4	%
Pluralsight, LLC(10)(12)(27)	First lien senior secured loan	L +	8.00%	4/2027	99,450	98,455	97,958	1.7	%
Pluralsight, LLC(10)(11)(22)(27)	First lien senior secured revolving loan	L +	8.00%	4/2027	3,118	3,055	3,024	0.1	%
					129,535	128,236	126,804	2.2	%
Financial services
AxiomSL Group, Inc.(10)(11)(27)	First lien senior secured loan	L +	5.75%	12/2027	200,737	198,896	197,726	3.4	%
AxiomSL Group, Inc.(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	L +	5.75%	7/2023	—	(32)	(42)	—	%
AxiomSL Group, Inc.(10)(22)(23)(27)	First lien senior secured revolving loan	L +	5.75%	12/2025	—	(141)	(273)	—	%
Blackhawk Network Holdings, Inc.(10)(12)(27)	Second lien senior secured loan	L +	7.00%	6/2026	106,400	105,887	105,869	1.8	%
Blend Labs, Inc.(10)(14)(27)	First lien senior secured loan	S +	7.50%	6/2026	67,500	66,275	66,319	1.1	%
Blend Labs, Inc.(10)(22)(23)(27)	First lien senior secured revolving loan	S +	7.50%	6/2026	—	(52)	(131)	—	%
Muine Gall, LLC(9)(10)(13)(27)(29)	First lien senior secured loan	L +	7.00% (incl. 7.00% PIK)	9/2024	261,493	262,995	254,956	4.3	%
NMI Acquisitionco, Inc. (dba Network Merchants)(10)(11)(27)	First lien senior secured loan	L +	5.75%	9/2025	25,048	24,933	24,735	0.4	%
NMI Acquisitionco, Inc. (dba Network Merchants)(10)(11)(22)(24)(27)	First lien senior secured delayed draw term loan	L +	5.75%	10/2023	5,923	5,844	5,834	0.1	%
NMI Acquisitionco, Inc. (dba Network Merchants)(10)(22)(23)(27)	First lien senior secured revolving loan	L +	5.75%	9/2025	—	(13)	(21)	—	%

32

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Smarsh Inc.(10)(16)(27)	First lien senior secured loan	S +	6.50%	2/2029	762	755	754	—	%
Smarsh Inc.(10)(16)(22)(24)(27)	First lien senior secured delayed draw term loan	S +	6.50%	2/2024	95	93	94	—	%
Smarsh Inc.(10)(22)(27)	First lien senior secured revolving loan	S +	6.50%	2/2029	—	—	—	—	%
					667,958	665,440	655,820	11.1	%
Food and beverage
Balrog Acquisition, Inc. (dba Bakemark)(10)(12)(27)	Second lien senior secured loan	L +	7.00%	9/2029	22,000	21,838	21,780	0.4	%
BP Veraison Buyer, LLC (dba Sun World)(10)(12)(27)	First lien senior secured loan	L +	5.50%	5/2027	68,684	68,029	68,169	1.2	%
BP Veraison Buyer, LLC (dba Sun World)(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	L +	5.50%	5/2023	—	(26)	—	—	%
BP Veraison Buyer, LLC (dba Sun World)(10)(22)(23)(27)	First lien senior secured revolving loan	L +	5.50%	5/2027	—	(79)	(65)	—	%
H-Food Holdings, LLC(10)(11)(27)	Second lien senior secured loan	L +	7.00%	3/2026	121,800	120,316	105,053	1.8	%
Hissho Sushi Merger Sub LLC(10)(15)(27)	First lien senior secured loan	S +	5.75%	5/2028	901	893	899	—	%
Hissho Sushi Merger Sub LLC(10)(15)(22)(27)	First lien senior secured revolving loan	S +	5.75%	5/2028	14	13	14	—	%
Hometown Food Company(10)(11)(27)	First lien senior secured loan	L +	5.00%	8/2023	14,560	14,516	14,560	0.2	%
Hometown Food Company(10)(11)(22)(27)	First lien senior secured revolving loan	L +	5.00%	8/2023	847	836	847	—	%
Innovation Ventures HoldCo, LLC (dba 5 Hour Energy)(10)(14)(27)	First lien senior secured loan	S +	6.25%	3/2027	125,000	122,950	122,500	2.1	%
Nellson Nutraceutical, LLC(10)(14)(27)	First lien senior secured loan	S +	5.75%	12/2025	25,982	25,643	25,527	0.4	%
Nutraceutical International Corporation(10)(11)(27)	First lien senior secured loan	L +	7.00%	9/2026	186,644	184,758	169,845	2.9	%
Nutraceutical International Corporation(10)(11)(27)	First lien senior secured revolving loan	L +	7.00%	9/2025	13,578	13,467	12,356	0.2	%
Ole Smoky Distillery, LLC(10)(14)(27)	First lien senior secured loan	S +	5.25%	3/2028	877	861	860	—	%
Ole Smoky Distillery, LLC(10)(22)(23)(27)	First lien senior secured revolving loan	S +	5.25%	3/2028	—	(2)	(2)	—	%
Recipe Acquisition Corp. (dba Roland Corporation)(10)(15)	Second lien senior secured loan	S +	9.00%	12/2023	32,000	31,960	31,520	0.5	%

33

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC)(10)(12)(27)	First lien senior secured loan	L +	4.50%	7/2025	43,522	43,166	40,693	0.7	%
Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC)(10)(12)(22)(27)	First lien senior secured revolving loan	L +	4.50%	7/2023	7,020	6,997	6,435	0.1	%
Shearer's Foods, LLC(10)(11)(27)	Second lien senior secured loan	L +	7.75%	9/2028	115,200	114,325	114,624	1.9	%
Tall Tree Foods, Inc.(10)(11)	First lien senior secured loan	L +	7.25%	1/2023	39,084	39,084	39,084	0.7	%
Ultimate Baked Goods Midco, LLC(10)(11)(27)	First lien senior secured loan	L +	6.50%	8/2027	81,234	79,589	78,797	1.3	%
Ultimate Baked Goods Midco, LLC(10)(11)(22)(27)	First lien senior secured revolving loan	L +	6.50%	8/2027	2,611	2,420	2,312	—	%
					901,558	891,554	855,808	14.4	%
Healthcare equipment and services
Confluent Medical Technologies, Inc.(10)(15)(27)	Second lien senior secured loan	S +	6.50%	2/2030	1,000	983	948	—	%
CSC Mkg Topco LLC (dba Medical Knowledge Group)(10)(11)(27)	First lien senior secured loan	L +	5.75%	2/2029	1,274	1,252	1,246	—	%
Medline Borrower, LP(10)(22)(23)(27)	First lien senior secured revolving loan	L +	2.25%	10/2026	—	(123)	(485)	—	%
Nelipak Holding Company(10)(12)(27)	First lien senior secured loan	L +	4.25%	7/2026	2,286	2,260	2,269	—	%
Nelipak Holding Company(10)(12)(27)	Second lien USD senior secured loan	L +	8.25%	7/2027	67,006	66,348	66,503	1.1	%
Nelipak Holding Company(10)(12)(22)(27)	First lien senior secured USD revolving loan	L +	4.25%	7/2024	1,072	1,028	1,017	—	%
Nelipak Holding Company(10)(18)(22)(27)	First lien senior secured EUR revolving loan	E +	4.50%	7/2024	2,574	2,516	2,522	—	%
Nelipak Holding Company(10)(19)(27)	Second lien EUR senior secured loan	E +	8.50%	7/2027	64,142	66,603	63,340	1.1	%
Packaging Coordinators Midco, Inc.(10)(12)(27)	Second lien senior secured loan	L +	7.00%	12/2029	196,044	192,817	185,261	3.1	%
Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.) (10)(15)(27)(29)	First lien senior secured loan	S +	6.75%	1/2028	135,372	133,607	133,680	2.3	%
Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.) (10)(15)(22)(27)(29)	First lien senior secured revolving loan	S +	6.75%	1/2026	2,901	2,728	2,732	—	%
Rhea Parent, Inc.(10)(15)(27)	First lien senior secured loan	S +	5.75%	2/2029	770	756	753	—	%
					474,441	470,775	459,786	7.6	%

34

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Healthcare providers and services
Covetrus Inc.(10)(15)(27)	Second lien senior secured loan	S +	9.25%	10/2030	5,000	4,900	4,898	0.1	%
Diagnostic Service Holdings, Inc. (dba Rayus Radiology)(10)(11)(27)	First lien senior secured loan	L +	5.50%	3/2025	998	998	988	—	%
National Dentex Labs LLC (fka Barracuda Dental LLC)(10)(12)(27)	First lien senior secured loan	L +	8.00% (incl. 3.00% PIK)	10/2025	106,033	104,979	103,381	1.8	%
National Dentex Labs LLC (fka Barracuda Dental LLC)(10)(12)(22)(27)	First lien senior secured revolving loan	L +	7.00%	10/2025	9,195	9,055	8,961	0.2	%
Natural Partners, LLC(10)(13)(27)(29)	First lien senior secured loan	L +	6.00%	11/2027	924	908	906	—	%
Natural Partners, LLC(10)(22)(23)(27)(29)	First lien senior secured revolving loan	L +	6.00%	11/2027	—	(1)	(1)	—	%
OB Hospitalist Group, Inc.(10)(12)(27)	First lien senior secured loan	L +	5.50%	9/2027	95,029	93,464	93,841	1.6	%
OB Hospitalist Group, Inc.(10)(12)(22)(27)	First lien senior secured revolving loan	L +	5.50%	9/2027	5,251	5,012	5,062	0.1	%
Ex Vivo Parent Inc. (dba OB Hospitalist)(10)(12)(27)	First lien senior secured loan	L +	9.50%	9/2028	57,810	56,803	56,509	1.0	%
Pacific BidCo Inc.(10)(15)(27)(29)	First lien senior secured loan	S +	5.75%	8/2029	30,924	30,184	30,228	0.5	%
Pacific BidCo Inc.(10)(22)(23)(24)(27)(29)	First lien senior secured delayed draw term loan	S +	5.75%	8/2025	—	(41)	(34)	—	%
Phoenix Newco, Inc. (dba Parexel)(10)(11)(27)	Second lien senior secured loan	L +	6.50%	11/2029	190,000	188,302	186,200	3.2	%
Plasma Buyer LLC (dba PathGroup)(10)(14)(27)	First lien senior secured loan	S +	5.75%	5/2029	679	666	667	—	%
Plasma Buyer LLC (dba PathGroup)(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	5.75%	5/2024	—	(2)	(1)	—	%
Plasma Buyer LLC (dba PathGroup)(10)(22)(23)(27)	First lien senior secured revolving loan	S +	5.75%	5/2028	—	(1)	(1)	—	%
PPV Intermediate Holdings, LLC(10)(15)(27)	First lien senior secured loan	S +	5.75%	8/2029	823	808	807	—	%
PPV Intermediate Holdings, LLC(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	5.75%	9/2024	—	(2)	(1)	—	%
PPV Intermediate Holdings, LLC(10)(15)(22)(27)	First lien senior secured revolving loan	S +	5.75%	8/2029	18	17	17	—	%
Premier Imaging, LLC (dba LucidHealth)(10)(11)(27)	First lien senior secured loan	L +	5.75%	1/2025	42,998	42,666	42,460	0.7	%

35

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Quva Pharma, Inc.(10)(12)(27)	First lien senior secured loan	L +	5.50%	4/2028	39,500	38,554	38,710	0.7	%
Quva Pharma, Inc.(10)(12)(22)(27)	First lien senior secured revolving loan	L +	5.50%	4/2026	1,920	1,841	1,840	—	%
Tivity Health, Inc.(10)(15)(27)	First lien senior secured loan	S +	6.00%	6/2029	998	974	983	—	%
Unified Women's Healthcare, LP(10)(14)(27)	First lien senior secured loan	S +	5.25%	6/2029	878	872	878	—	%
Unified Women's Healthcare, LP(10)(22)(24)(27)	First lien senior secured delayed draw term loan	S +	5.25%	6/2024	—	—	—	—	%
Unified Women's Healthcare, LP(10)(22)(23)(27)	First lien senior secured revolving loan	S +	5.25%	6/2029	—	(1)	—	—	%
Vermont Aus Pty Ltd(10)(15)(27)(29)	First lien senior secured loan	S +	5.50%	3/2028	993	970	968	—	%
					589,971	581,925	578,266	9.9	%
Healthcare technology
BCPE Osprey Buyer, Inc. (dba PartsSource)(10)(12)(27)	First lien senior secured loan	L +	5.75%	8/2028	112,911	111,391	110,371	1.9	%
BCPE Osprey Buyer, Inc. (dba PartsSource)(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	L +	5.75%	8/2023	—	(229)	(315)	—	%
BCPE Osprey Buyer, Inc. (dba PartsSource)(10)(22)(23)(27)	First lien senior secured revolving loan	L +	5.75%	8/2026	—	(149)	(267)	—	%
Bracket Intermediate Holding Corp.(10)(12)(27)	First lien senior secured loan	L +	4.25%	9/2025	510	489	487	—	%
Bracket Intermediate Holding Corp.(10)(12)(27)	Second lien senior secured loan	L +	8.13%	9/2026	26,250	25,959	25,200	0.4	%
Engage Debtco Limited(10)(15)(27)(29)	First lien senior secured loan	S +	5.75%	7/2029	1,000	976	978	—	%
GI Ranger Intermediate, LLC (dba Rectangle Health)(10)(15)(27)	First lien senior secured loan	S +	6.00%	10/2028	4,585	4,506	4,471	0.1	%
GI Ranger Intermediate, LLC (dba Rectangle Health)(10)(15)(22)(27)	First lien senior secured revolving loan	S +	6.00%	10/2027	37	31	28	—	%
Imprivata, Inc.(10)(14)(27)	Second lien senior secured loan	S +	6.25%	12/2028	882	874	860	—	%
Inovalon Holdings, Inc.(10)(12)(27)	First lien senior secured loan	L +	6.25% (incl. 2.75% PIK)	11/2028	182,751	178,889	178,182	3.0	%
Inovalon Holdings, Inc.(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	L +	5.75%	5/2024	—	(200)	(237)	—	%
Inovalon Holdings, Inc.(10)(12)(27)	Second lien senior secured loan	L +	10.50% (incl. 10.50% PIK)	11/2033	95,535	93,916	94,102	1.6	%

36

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.)(10)(15)(27)(29)	First lien senior secured loan	S +	6.50%	8/2026	117,793	116,791	117,204	2.0	%
Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.)(10)(14)(27)(29)	First lien senior secured revolving loan	S +	6.50%	8/2026	4,590	4,559	4,567	0.1	%
Interoperability Bidco, Inc. (dba Lyniate)(10)(15)(27)	First lien senior secured loan	S +	7.00%	12/2026	66,455	66,088	65,957	1.1	%
Interoperability Bidco, Inc. (dba Lyniate)(10)(15)(22)(27)	First lien senior secured revolving loan	S +	7.00%	12/2024	1,522	1,509	1,499	—	%
					614,821	605,400	603,087	10.2	%
Household products
Aptive Environmental, LLC(21)(27)	First lien senior secured loan		12.00% (incl. 6.00% PIK)	1/2026	12,228	10,256	11,005	0.2	%
HGH Purchaser, Inc. (dba Horizon Services)(10)(14)(27)	First lien senior secured loan	S +	6.50%	11/2025	147,121	145,874	145,650	2.5	%
HGH Purchaser, Inc. (dba Horizon Services)(10)(14)(22)(27)	First lien senior secured delayed draw term loan	S +	6.50%	11/2025	38,681	38,407	38,284	0.7	%
HGH Purchaser, Inc. (dba Horizon Services)(10)(14)(22)(27)	First lien senior secured revolving loan	S +	6.50%	11/2025	10,028	9,906	9,863	0.2	%
Mario Purchaser, LLC (dba Len the Plumber)(10)(14)(27)	First lien senior secured loan	S +	5.75%	4/2029	13,042	12,800	12,911	0.2	%
Mario Purchaser, LLC (dba Len the Plumber)(10)(14)(22)(24)(27)	First lien senior secured delayed draw term loan	S +	5.75%	4/2024	2,021	1,939	2,000	—	%
Mario Purchaser, LLC (dba Len the Plumber)(10)(22)(23)(27)	First lien senior secured revolving loan	S +	5.75%	4/2028	—	(24)	(14)	—	%
Mario Midco Holdings, Inc. (dba Len the Plumber)(10)(14)(27)	Unsecured facility	S +	10.75% (incl. 10.75% PIK)	4/2032	4,081	3,973	4,020	0.1	%
SimpliSafe Holding Corporation(10)(14)(27)	First lien senior secured loan	S +	6.25%	5/2028	6,142	6,030	6,065	0.1	%
SimpliSafe Holding Corporation(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	6.25%	5/2024	—	(7)	(2)	—	%
Walker Edison Furniture Company LLC(10)(12)(27)(30)	First lien senior secured loan	L +	8.75% (incl. 3.00% PIK)	3/2027	86,203	83,193	43,963	0.7	%
					319,547	312,347	273,745	4.7	%

37

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Human resource support services
Cornerstone OnDemand, Inc.(10)(11)(27)	Second lien senior secured loan	L +	6.50%	10/2029	115,833	114,294	111,200	1.9	%
IG Investments Holdings, LLC (dba Insight Global)(10)(11)(27)	First lien senior secured loan	L +	6.00%	9/2028	50,388	49,519	49,758	0.8	%
IG Investments Holdings, LLC (dba Insight Global)(10)(11)(22)(27)	First lien senior secured revolving loan	L +	6.00%	9/2027	1,590	1,527	1,540	—	%
					167,811	165,340	162,498	2.7	%
Infrastructure and environmental services
FR Arsenal Holdings II Corp. (dba Applied-Cleveland Holdings, Inc.)(10)(11)(30)	First lien senior secured loan	L +	9.50% (incl. 2.00% PIK)	1/2023	115,847	115,422	103,104	1.8	%
LineStar Integrity Services LLC(10)(13)(27)	First lien senior secured loan	L +	7.25%	2/2026	56,897	57,036	53,768	0.9	%
Tamarack Intermediate, L.L.C. (dba Verisk 3E)(10)(16)(27)	First lien senior secured loan	S +	5.75%	3/2028	855	840	838	—	%
Tamarack Intermediate, L.L.C. (dba Verisk 3E)(10)(14)(22)(27)	First lien senior secured revolving loan	S +	5.75%	3/2028	25	23	22	—	%
					173,624	173,321	157,732	2.7	%
Insurance
Alera Group, Inc.(10)(14)(27)	First lien senior secured loan	S +	6.00%	10/2028	34,814	34,150	34,552	0.6	%
AmeriLife Holdings LLC(10)(15)(27)	First lien senior secured loan	S +	5.75%	8/2029	727	713	715	—	%
AmeriLife Holdings LLC(10)(16)(22)(24)(27)	First lien senior secured delayed draw term loan	S +	5.75%	9/2024	121	118	119	—	%
AmeriLife Holdings LLC(10)(22)(23)(27)	First lien senior secured revolving loan	S +	5.75%	8/2028	—	(2)	(2)	—	%
Ardonagh Midco 3 PLC(10)(13)(27)(29)	First lien senior secured USD term loan	L +	5.75%	7/2026	26,784	26,382	26,583	0.5	%
Ardonagh Midco 3 PLC(10)(19)(27)(29)	First lien senior secured EUR term loan	E +	7.00%	7/2026	9,749	10,056	9,724	0.2	%
Ardonagh Midco 3 PLC(10)(20)(27)(29)	First lien senior secured GBP term loan	S +	7.00%	7/2026	104,242	107,189	104,242	1.8	%
Ardonagh Midco 3 PLC(10)(18)(24)(27)(29)	First lien senior secured GBP delayed draw term loan	E +	5.75%	8/2023	9,803	11,009	9,729	0.2	%
Ardonagh Midco 2 PLC(6)(21)(27)(29)	Unsecured notes		11.50%	1/2027	11,198	11,134	10,579	0.2	%
Brightway Holdings, LLC(10)(11)(27)	First lien senior secured loan	L +	6.50%	12/2027	26,641	26,355	26,108	0.4	%
Brightway Holdings, LLC(10)(22)(23)(27)	First lien senior secured revolving loan	L +	6.50%	12/2027	—	(33)	(63)	—	%

38

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Evolution BuyerCo, Inc. (dba SIAA)(10)(15)(27)	First lien senior secured loan	S +	6.25%	4/2028	141,715	140,083	139,589	2.4	%
Evolution BuyerCo, Inc. (dba SIAA)(10)(22)(23)(27)	First lien senior secured revolving loan	S +	6.25%	4/2027	—	(110)	(161)	—	%
Integrity Marketing Acquisition, LLC(10)(13)(27)	First lien senior secured loan	L +	5.80%	8/2025	216,642	214,862	216,100	3.7	%
Integrity Marketing Acquisition, LLC(10)(22)(23)(27)	First lien senior secured revolving loan	L +	6.50%	8/2025	—	(98)	(37)	—	%
Norvax, LLC (dba GoHealth)(10)(12)(27)	First lien senior secured loan	L +	7.50%	9/2025	76,588	74,905	75,440	1.3	%
Norvax, LLC (dba GoHealth)(10)(22)(23)(27)	First lien senior secured revolving loan	L +	6.50%	9/2024	—	(63)	(184)	—	%
Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services)(10)(13)(27)	First lien senior secured loan	L +	6.00%	11/2028	134,907	133,740	134,570	2.3	%
Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services)(10)(22)(23)(27)	First lien senior secured revolving loan	L +	6.00%	11/2027	—	(50)	(15)	—	%
PCF Midco II, LLC (dba PCF Insurance Services)(21)(27)	First lien senior secured loan		9.00% (incl. 9.00% PIK)	10/2031	131,818	121,345	118,636	2.0	%
Tempo Buyer Corp. (dba Global Claims Services)(10)(12)(27)	First lien senior secured loan	L +	5.50%	8/2028	1,078	1,060	1,051	—	%
Tempo Buyer Corp. (dba Global Claims Services)(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	L +	5.50%	8/2023	—	(2)	(5)	—	%
Tempo Buyer Corp. (dba Global Claims Services)(10)(17)(22)(27)	First lien senior secured revolving loan	P +	4.50%	8/2027	12	10	8	—	%
THG Acquisition, LLC (dba Hilb)(10)(11)(27)	First lien senior secured loan	L +	5.75%	12/2026	74,744	73,593	73,810	1.3	%
THG Acquisition, LLC (dba Hilb)(10)(22)(23)(27)	First lien senior secured revolving loan	L +	5.75%	12/2025	—	(112)	(108)	—	%
USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners)(10)(12)(27)	First lien senior secured loan	L +	5.50%	7/2027	38,696	38,075	37,922	0.6	%
USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners)(10)(22)(23)(27)	First lien senior secured revolving loan	L +	5.50%	7/2027	—	(65)	(85)	—	%
KUSRP Intermediate, Inc. (dba U.S. Retirement and Benefits Partners)(10)(13)(27)	First lien senior secured loan	L +	9.50% (incl. 9.50% PIK)	7/2028	34,918	34,399	34,482	0.6	%
					1,075,197	1,058,643	1,053,299	18.1	%

39

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Internet software and services
3ES Innovation Inc. (dba Aucerna)(10)(12)(27)(29)	First lien senior secured loan	L +	6.50%	5/2025	60,635	60,243	60,332	1.0	%
3ES Innovation Inc. (dba Aucerna)(10)(12)(22)(27)(29)	First lien senior secured revolving loan	L +	6.50%	5/2025	1,700	1,681	1,681	—	%
Accela, Inc.(10)(11)	First lien senior secured loan	L +	7.50% (incl. 4.25% PIK)	9/2024	27,800	27,650	27,521	0.5	%
Accela, Inc.(10)(22)	First lien senior secured revolving loan	L +	7.00%	9/2024	—	—	(30)	—	%
Anaplan, Inc.(10)(14)(27)	First lien senior secured loan	S +	6.50%	6/2029	135,082	133,807	134,744	2.3	%
Anaplan, Inc.(10)(22)(23)(27)	First lien senior secured revolving loan	S +	6.50%	6/2028	—	(89)	(24)	—	%
Apptio, Inc.(10)(12)(27)	First lien senior secured loan	L +	6.00%	1/2025	50,916	50,404	50,916	0.9	%
Apptio, Inc.(10)(12)(22)(27)	First lien senior secured revolving loan	L +	6.00%	1/2025	1,667	1,649	1,667	—	%
Armstrong Bidco Limited (dba The Access Group)(10)(20)(27)(29)	First lien senior secured loan	SA +	5.25%	6/2029	2,340	2,336	2,310	—	%
Armstrong Bidco Limited (dba The Access Group)(10)(20)(22)(24)(27)(29)	First lien senior secured delayed draw term loan	SA +	5.25%	6/2025	947	945	935	—	%
Bayshore Intermediate #2, L.P. (dba Boomi)(10)(11)(27)	First lien senior secured loan	L +	7.75% (incl. 7.75% PIK)	10/2028	92,829	91,215	90,973	1.5	%
Bayshore Intermediate #2, L.P. (dba Boomi)(10)(11)(22)(27)	First lien senior secured revolving loan	L +	6.75%	10/2027	2,306	2,183	2,168	—	%
BCPE Nucleon (DE) SPV, LP(10)(13)(27)(29)	First lien senior secured loan	L +	7.00%	9/2026	189,778	187,787	189,303	3.2	%
BCTO BSI Buyer, Inc. (dba Buildertrend)(10)(15)(27)	First lien senior secured loan	S +	8.00% (incl. 8.00% PIK)	12/2026	52,752	52,332	52,752	0.9	%
BCTO BSI Buyer, Inc. (dba Buildertrend)(10)(22)(23)(27)	First lien senior secured revolving loan	S +	8.00%	12/2026	—	(84)	—	—	%
Centrify Corporation(10)(12)(27)	First lien senior secured loan	L +	6.00%	3/2028	66,229	64,922	65,401	1.1	%
Centrify Corporation(10)(12)(27)	First lien senior secured revolving loan	L +	6.00%	3/2027	6,817	6,678	6,732	0.1	%
CivicPlus, LLC(10)(12)(27)	First lien senior secured loan	L +	6.75% (incl. 2.50% PIK)	8/2027	34,693	34,394	34,606	0.6	%
CivicPlus, LLC(10)(22)(23)(27)	First lien senior secured revolving loan	L +	6.25%	8/2027	—	(22)	(7)	—	%
CP PIK DEBT ISSUER, LLC (dba CivicPlus, LLC)(10)(16)(27)	Unsecured notes	S +	11.75% (incl. 11.75% PIK)	6/2034	17,837	17,357	17,569	0.3	%

40

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Delta TopCo, Inc. (dba Infoblox, Inc.)(10)(15)(27)	Second lien senior secured loan	S +	7.25%	12/2028	15,000	14,941	13,950	0.2	%
EET Buyer, Inc. (dba e-Emphasys)(10)(13)(27)	First lien senior secured loan	L +	5.25%	11/2027	4,511	4,474	4,511	0.1	%
EET Buyer, Inc. (dba e-Emphasys)(10)(22)(23)(27)	First lien senior secured revolving loan	L +	5.25%	11/2027	—	(4)	—	—	%
Forescout Technologies, Inc.(10)(12)(27)	First lien senior secured loan	L +	9.50% (incl. 9.50% PIK)	8/2026	103,707	102,767	103,490	1.8	%
Forescout Technologies, Inc.(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	L +	8.00%	7/2024	—	(215)	—	—	%
Forescout Technologies, Inc.(10)(22)(23)(27)	First lien senior secured revolving loan	L +	8.50%	8/2025	—	(49)	—	—	%
Genesis Acquisition Co. (dba Procare Software)(10)(13)(27)	First lien senior secured loan	L +	3.75%	7/2024	17,942	17,838	17,583	0.3	%
Genesis Acquisition Co. (dba Procare Software)(10)(13)(27)	First lien senior secured revolving loan	L +	3.75%	7/2024	2,637	2,623	2,584	—	%
GovBrands Intermediate, Inc.(10)(12)(27)	First lien senior secured loan	L +	5.50%	8/2027	10,551	10,339	10,076	0.2	%
GovBrands Intermediate, Inc.(10)(12)(22)(24)(27)	First lien senior secured delayed draw term loan	L +	5.50%	8/2023	2,380	2,322	2,237	—	%
GovBrands Intermediate, Inc.(10)(12)(22)(27)	First lien senior secured revolving loan	L +	5.50%	8/2027	714	699	678	—	%
Granicus, Inc.(10)(11)(27)	First lien senior secured loan	L +	5.50%	1/2027	13,394	13,158	13,059	0.2	%
Granicus, Inc.(10)(11)(24)(27)	First lien senior secured delayed draw term loan	L +	6.00%	1/2023	2,530	2,491	2,467	—	%
Granicus, Inc.(10)(11)(22)(27)	First lien senior secured revolving loan	L +	6.50%	1/2027	398	379	369	—	%
H&F Opportunities LUX III S.À R.L (dba Checkmarx)(10)(11)(27)(29)	First lien senior secured loan	L +	7.50%	4/2026	51,567	50,623	51,567	0.9	%
H&F Opportunities LUX III S.À R.L (dba Checkmarx)(10)(22)(23)(27)(29)	First lien senior secured revolving loan	L +	7.50%	4/2026	—	(267)	—	—	%
Hyland Software, Inc.(10)(11)(27)	Second lien senior secured loan	L +	6.25%	7/2025	15,482	15,472	14,630	0.2	%
Litera Bidco LLC(10)(14)(27)	First lien senior secured loan	S +	5.75%	5/2026	148,677	147,381	148,354	2.5	%
Litera Bidco LLC(10)(12)(22)(27)	First lien senior secured revolving loan	L +	5.75%	5/2026	1,578	1,547	1,549	—	%
MessageBird BidCo B.V.(10)(11)(27)(29)	First lien senior secured loan	L +	6.75%	5/2027	77,000	75,685	75,268	1.3	%

41

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
MINDBODY, Inc.(10)(12)(27)	First lien senior secured loan	L +	7.00%	2/2025	67,637	67,330	67,637	1.1	%
MINDBODY, Inc.(10)(22)(23)(27)	First lien senior secured revolving loan	L +	7.00%	2/2025	—	(22)	—	—	%
Ministry Brands Holdings, LLC(10)(11)(27)	First lien senior secured loan	L +	5.50%	12/2028	701	689	683	—	%
Ministry Brands Holdings, LLC(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	L +	5.50%	12/2023	—	(2)	(3)	—	%
Ministry Brands Holdings, LLC(10)(11)(22)(27)	First lien senior secured revolving loan	L +	5.50%	12/2027	34	33	32	—	%
Proofpoint, Inc.(10)(12)(27)	Second lien senior secured loan	L +	6.25%	8/2029	19,600	19,514	18,767	0.3	%
QAD, Inc.(10)(11)(27)	First lien senior secured loan	L +	6.00%	11/2027	26,372	25,929	25,713	0.4	%
QAD, Inc.(10)(22)(23)(27)	First lien senior secured revolving loan	L +	6.00%	11/2027	—	(55)	(86)	—	%
SailPoint Technologies Holdings, Inc.(10)(14)(27)	First lien senior secured loan	S +	6.25%	8/2029	45,640	44,713	44,727	0.8	%
SailPoint Technologies Holdings, Inc.(10)(22)(23)(27)	First lien senior secured revolving loan	S +	6.25%	8/2028	—	(82)	(87)	—	%
Securonix, Inc.(10)(15)(27)	First lien senior secured loan	S +	6.50%	4/2028	847	840	839	—	%
Securonix, Inc.(10)(22)(23)(27)	First lien senior secured revolving loan	S +	6.50%	4/2028	—	(1)	(2)	—	%
Tahoe Finco, LLC(10)(11)(27)(29)	First lien senior secured loan	L +	6.00%	9/2028	123,256	122,199	121,099	2.1	%
Tahoe Finco, LLC(10)(22)(23)(27)(29)	First lien senior secured revolving loan	L +	6.00%	10/2027	—	(73)	(162)	—	%
Thunder Purchaser, Inc. (dba Vector Solutions)(10)(12)(27)	First lien senior secured loan	L +	5.75%	6/2028	64,151	63,623	62,868	1.1	%
Thunder Purchaser, Inc. (dba Vector Solutions)(10)(12)(22)(24)(27)	First lien senior secured delayed draw term loan	L +	5.75%	8/2023	3,928	3,891	3,779	0.1	%
Thunder Purchaser, Inc. (dba Vector Solutions)(10)(12)(22)(27)	First lien senior secured revolving loan	L +	5.75%	6/2027	1,316	1,287	1,239	—	%

42

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
When I Work, Inc.(10)(12)(27)	First lien senior secured loan	L +	7.00% (incl. 7.00% PIK)	11/2027	5,200	5,158	5,096	0.1	%
When I Work, Inc.(10)(22)(23)(27)	First lien senior secured revolving loan	L +	6.00%	11/2027	—	(7)	(18)	—	%
Zendesk, Inc.(10)(15)(27)	First lien senior secured loan	S +	6.50%	11/2028	69,409	68,040	67,674	1.2	%
Zendesk, Inc.(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	6.50%	11/2024	—	(631)	(260)	—	%
Zendesk, Inc.(10)(22)(23)(27)	First lien senior secured revolving loan	S +	6.50%	11/2028	—	(140)	(179)	—	%
					1,640,487	1,619,825	1,621,277	27.3	%
Leisure and entertainment
Troon Golf, L.L.C.(10)(13)(27)	First lien senior secured loan	L +	5.75%	8/2027	280,236	279,111	280,236	4.8	%
Troon Golf, L.L.C.(10)(22)(23)(27)	First lien senior secured revolving loan	L +	5.75%	8/2026	—	(78)	—	—	%
					280,236	279,033	280,236	4.8	%
Manufacturing
BCPE Watson (DE) ORML, LP(9)(10)(16)(27)(29)	First lien senior secured loan	S +	6.50%	7/2028	15,000	14,860	14,850	0.3	%
Gloves Buyer, Inc. (dba Protective Industrial Products)(10)(11)(27)	Second lien senior secured loan	L +	8.25%	12/2028	29,250	28,653	28,811	0.5	%
Ideal Tridon Holdings, Inc.(10)(12)(27)	First lien senior secured loan	L +	5.25%	7/2024	52,697	52,448	52,697	0.9	%
Ideal Tridon Holdings, Inc.(10)(11)(22)(27)	First lien senior secured revolving loan	L +	5.25%	7/2023	3,191	3,191	3,191	0.1	%
MHE Intermediate Holdings, LLC (dba OnPoint Group)(10)(16)(27)	First lien senior secured loan	S +	6.00%	7/2027	181,776	180,317	179,957	3.1	%
MHE Intermediate Holdings, LLC (dba OnPoint Group)(10)(16)(22)(27)	First lien senior secured revolving loan	S +	6.00%	7/2027	2,175	2,057	2,020	—	%
PHM Netherlands Midco B.V. (dba Loparex)(10)(12)(27)	First lien senior secured loan	L +	4.50%	7/2026	778	740	751	—	%
PHM Netherlands Midco B.V. (dba Loparex)(10)(12)(27)	Second lien senior secured loan	L +	8.75%	7/2027	112,000	106,756	109,200	1.9	%
Safety Products/JHC Acquisition Corp. (dba Justrite Safety Group)(10)(11)(27)	First lien senior secured loan	L +	4.50%	6/2026	13,781	13,706	13,470	0.2	%
Sonny's Enterprises LLC(10)(15)(27)	First lien senior secured loan	S +	6.75%	8/2026	229,908	226,995	229,908	3.9	%
Sonny's Enterprises LLC(10)(22)(23)(27)	First lien senior secured revolving loan	S +	6.75%	8/2025	—	(186)	—	—	%
					640,556	629,537	634,855	10.9	%

43

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Oil and gas
Project Power Buyer, LLC (dba PEC-Veriforce)(10)(11)(27)	First lien senior secured loan	L +	6.00%	5/2026	44,630	44,292	44,630	0.8	%
Project Power Buyer, LLC (dba PEC-Veriforce)(10)(22)(23)(27)	First lien senior secured revolving loan	L +	6.00%	5/2025	—	(16)	—	—	%
Zenith Energy U.S. Logistics Holdings, LLC(10)(11)(27)	First lien senior secured loan	L +	5.50%	12/2024	58,042	57,575	58,042	1.0	%
					102,672	101,851	102,672	1.8	%
Professional services
AmSpec Group, Inc. (fka AmSpec Services Inc.)(10)(12)(27)	First lien senior secured loan	L +	5.75%	7/2024	109,126	108,530	108,306	1.8	%
AmSpec Group, Inc. (fka AmSpec Services Inc.)(10)(12)(22)(27)	First lien senior secured revolving loan	L +	4.75%	7/2024	3,073	3,010	2,965	0.1	%
Apex Group Treasury, LLC(10)(12)(27)(29)	Second lien senior secured loan	L +	6.75%	7/2029	44,147	43,501	41,940	0.7	%
Apex Service Partners, LLC(10)(16)(24)(27)	First lien senior secured delayed draw term loan	S +	5.50%	10/2023	997	985	989	—	%
Apex Service Partners, LLC(10)(16)(22)(27)	First lien senior secured revolving loan	S +	5.25%	7/2025	31	31	31	—	%
Apex Service Partners Intermediate 2, LLC(21)(27)	First lien senior secured loan		12.50% (incl. 12.50% PIK)	7/2027	48,639	47,529	47,666	0.8	%
Gerson Lehrman Group, Inc.(10)(11)(27)	First lien senior secured loan	L +	5.25%	12/2024	121,623	121,184	121,623	2.1	%
Gerson Lehrman Group, Inc.(10)(22)(23)(27)	First lien senior secured revolving loan	L +	5.25%	12/2024	—	(69)	—	—	%
Guidehouse Inc.(10)(11)(27)	First lien senior secured loan	L +	6.25%	10/2028	4,603	4,563	4,557	0.1	%
Relativity ODA LLC(10)(11)(27)	First lien senior secured loan	L +	7.50% (incl. 7.50% PIK)	5/2027	83,982	83,128	83,772	1.4	%
Relativity ODA LLC(10)(22)(23)(27)	First lien senior secured revolving loan	L +	6.50%	5/2027	—	(80)	(18)	—	%
Spotless Brands, LLC(10)(15)(27)	First lien senior secured loan	S +	6.50%	7/2028	48,592	47,675	47,621	0.8	%
Spotless Brands, LLC(10)(22)(23)(27)	First lien senior secured revolving loan	S +	6.50%	7/2028	—	(24)	(26)	—	%
					464,813	459,963	459,426	7.8	%

44

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(2)(3)		Fair Value		Percentage of Net Assets
Specialty retail
Galls, LLC(10)(12)(27)	First lien senior secured loan	L +	6.75% (incl. 0.50% PIK)	1/2025	112,582		111,958		110,331		1.9	%
Galls, LLC(10)(12)(22)(27)	First lien senior secured revolving loan	L +	6.75%	1/2024	15,232		15,034		14,583		0.2	%
Ideal Image Development, LLC(10)(14)(27)	First lien senior secured loan	S +	6.50%	9/2027	11,678		11,457		11,474		0.2	%
Ideal Image Development, LLC(10)(22)(23)(24)(27)	First lien senior secured delayed draw term loan	S +	6.50%	3/2024	—		(7)		(4)		—	%
Ideal Image Development, LLC(10)(22)(23)(27)	First lien senior secured revolving loan	S +	6.50%	9/2027	—		(34)		(32)		—	%
Milan Laser Holdings LLC(10)(14)(27)	First lien senior secured loan	S +	5.00%	4/2027	24,055		23,873		24,055		0.4	%
Milan Laser Holdings LLC(10)(22)(23)(27)	First lien senior secured revolving loan	S +	5.00%	4/2026	—		(14)		—		—	%
Notorious Topco, LLC (dba Beauty Industry Group)(10)(15)(27)	First lien senior secured loan	S +	6.75%	11/2027	109,355		107,959		108,809		1.8	%
Notorious Topco, LLC (dba Beauty Industry Group)(10)(15)(22)(24)(27)	First lien senior secured delayed draw term loan	S +	6.75%	11/2023	9,530		9,336		9,482		0.2	%
Notorious Topco, LLC (dba Beauty Industry Group)(10)(15)(22)(27)	First lien senior secured revolving loan	S +	6.75%	5/2027	1,596		1,481		1,548		—	%
The Shade Store, LLC(10)(15)(27)	First lien senior secured loan	S +	6.00%	10/2027	9,000		8,907		8,753		0.1	%
The Shade Store, LLC(10)(15)(22)(27)	First lien senior secured revolving loan	S +	6.00%	10/2026	255		246		230		—	%
					293,283		290,196		289,229		4.8	%
Transportation
Lazer Spot Holdings, Inc. (f/k/a Lazer Spot GB Holdings, Inc.)(10)(13)(27)	First lien senior secured loan	L +	5.75%	12/2025	142,598		141,262		142,598		2.4	%
Lazer Spot Holdings, Inc. (f/k/a Lazer Spot GB Holdings, Inc.)(10)(22)(23)(27)	First lien senior secured revolving loan	L +	5.75%	12/2025	—		(227)		—		—	%
Lytx, Inc.(10)(14)(27)	First lien senior secured loan	S +	6.75%	2/2026	71,005		70,312		70,472		1.2	%
Motus Group, LLC(10)(11)(27)	Second lien senior secured loan	L +	6.50%	12/2029	10,810		10,712		10,594		0.2	%
					224,413		222,059		223,664		3.8	%
Total non-controlled/non-affiliated portfolio company debt investments					$	11,660,738	$	11,513,192	$	11,307,884	191.8	%

45

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Equity Investments
Aerospace and defense
Space Exploration Technologies Corp.(27)(28)(31)	Class A Common Stock		N/A	N/A	46,605	2,557	3,509	0.1	%
Space Exploration Technologies Corp.(27)(28)(31)	Class C Common Stock		N/A	N/A	9,360	446	705	—	%
						3,003	4,214	0.1	%
Asset based lending and fund finance
Amergin Asset Management, LLC(27)(28)(29)(31)	Class A Units		N/A	N/A	50,000,000	—	—	—	%
						—	—	—	%
Automotive
CD&R Value Building Partners I, L.P. (dba Belron)(27)(28)(29)(31)	LP Interest		N/A	N/A	33,108	33,107	33,955	0.6	%
Metis HoldCo, Inc. (dba Mavis Tire Express Services)(21)(27)(28)	Series A Convertible Preferred Stock		7.00% (incl. 7.00% PIK)	N/A	167,977	163,743	161,677	2.7	%
						196,850	195,632	3.3	%
Buildings and real estate
Associations Finance, Inc.(21)(27)(28)	Preferred Stock		12.00% (incl. 12.00% PIK)	N/A	54,800,000	55,348	55,641	0.9	%
Dodge Construction Network Holdings, LP(27)(28)(31)	Class A-2 Common Units		N/A	N/A	2,181,629	1,859	1,855	—	%
Dodge Construction Network Holdings, LP(21)(27)(28)	Series A Preferred Units		8.25% (incl. 8.25% PIK)	N/A	—	45	45	—	%
						57,252	57,541	0.9	%
Business services
Denali Holding, LP (dba Summit Companies)(27)(28)(31)	Class A Units		N/A	N/A	337,460	3,431	4,344	0.1	%
Hercules Buyer, LLC (dba The Vincit Group)(27)(28)(31)(33)	Common Units		N/A	N/A	2,190,000	2,192	2,302	—	%
Knockout Intermediate Holdings I Inc. (dba Kaseya)(21)(27)(28)	Perpetual Preferred Stock		11.75% (incl. 11.75% PIK)	N/A	14,000	13,667	13,825	0.2	%
						19,290	20,471	0.3	%
Consumer Products
ASP Conair Holdings LP(27)(28)(31)	Class A Units		N/A	N/A	60,714	6,071	5,444	0.1	%
						6,071	5,444	0.1	%
Financial services
Blend Labs, Inc.(5)(27)(31)	Common stock		N/A	N/A	72,317	1,000	104	—	%
Blend Labs, Inc.(27)(28)(31)	Warrants		N/A	N/A	179,529	975	5	—	%
						1,975	109	—	%

46

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)	Fair Value	Percentage of Net Assets
Food and beverage
H-Food Holdings, LLC(27)(28)(31)	LLC interest		N/A	N/A	10,875	10,874	9,337	0.2	%
Hissho Sushi Holdings, LLC(27)(28)(31)	Class A units		N/A	N/A	7,502	75	83	—	%
						10,949	9,420	0.2	%
Healthcare equipment and services
KPCI Holdings, L.P.(27)(28)(31)	Class A Units		N/A	N/A	30,425	32,284	34,497	0.6	%
Maia Aggregator, LP(27)(28)(31)	Class A-2 Units		N/A	N/A	168,539	169	179	—	%
Patriot Holdings SCSp (dba Corza Health, Inc.)(27)(28)(29)(31)	Class B Units		N/A	N/A	97,833	18	1,145	—	%
Patriot Holdings SCSp (dba Corza Health, Inc.)(21)(27)(28)(29)	Class A Units		8.00% (incl. 8.00% PIK)	N/A	7,104	8,265	8,534	0.1	%
Rhea Acquisition Holdings, LP(27)(28)(31)	Series A-2 Units		N/A	N/A	119,048	119	119	—	%
						40,855	44,474	0.7	%
Healthcare providers and services
KOBHG Holdings, L.P. (dba OB Hospitalist)(27)(28)(31)	Class A Interests		N/A	N/A	6,670	6,670	6,196	0.1	%
						6,670	6,196	0.1	%
Healthcare technology
BEHP Co-Investor II, L.P.(27)(28)(29)(31)	LP Interest		N/A	N/A	1,270	1,266	1,270	—	%
WP Irving Co-Invest, L.P.(27)(28)(29)(31)	Partnership Units		N/A	N/A	1,250,000	1,250	1,250	—	%
Minerva Holdco, Inc.(21)(27)(28)	Series A Preferred Stock		10.75% (incl. 10.75% PIK)	N/A	7,483	7,354	6,734	0.1	%
						9,870	9,254	0.1	%
Household products
Evology, LLC(27)(28)(31)	Class B Units		N/A	N/A	451	2,160	2,771	—	%
						2,160	2,771	—	%
Human resource support services
Sunshine Software Holdings, Inc. (dba Cornerstone OnDemand)(21)(27)(28)	Series A Preferred Stock		10.50% (incl. 10.50% PIK)	N/A	41,402	40,538	37,469	0.6	%
						40,538	37,469	0.6	%
Insurance
Accelerate topco Holdings, LLC(27)(28)(31)	Common Units		N/A	N/A	493	14	14	—	%
Evolution Parent, LP (dba SIAA)(27)(28)(31)	LP Interest		N/A	N/A	42,838	4,284	4,284	0.1	%
GrowthCurve Capital Sunrise Co-Invest LP (dba Brightway)(27)(28)(31)	LP Interest		N/A	N/A	638	638	632	—	%
GoHealth, Inc. (5)(27)(31)	Common stock		N/A	N/A	68,125	5,232	712	—	%
PCF Holdco, LLC (dba PCF Insurance Services)(27)(28)(31)	Class A Units		N/A	N/A	14,772,724	37,464	67,456	1.1	%
						47,632	73,098	1.2	%

47

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)		Fair Value		Percentage of Net Assets
Internet and software services
BCTO WIW Holdings, Inc. (dba When I Work)(27)(28)(31)	Class A Common Stock		N/A	N/A	13,000	1,300		1,171		—	%
Brooklyn Lender Co-Invest 2, L.P. (dba Boomi)(27)(28)(31)	Common Units		N/A	N/A	7,503,843	7,504		7,378		0.1	%
Elliott Alto Co-Investor Aggregator L.P.(27)(28)(29)(31)	LP Interest		N/A	N/A	3,134	3,144		3,133		0.1	%
Insight CP (Blocker) Holdings, L.P. (dba CivicPlus, LLC)(27)(28)(29)(31)	LP Interest		N/A	N/A	1,230	1,230		1,230		—	%
MessageBird Holding B.V.(27)(28)(29)(31)	Extended Series C Warrants		N/A	N/A	122,890	753		89		—	%
Picard Holdco, LLC(10)(15)(27)(28)	Series A Preferred Stock	S +	12.00% (incl. 12.00% PIK)	N/A	25,697	24,968		24,925		0.4	%
Project Alpine Co-Invest Fund, LP(27)(28)(29)(31)	LP Interest		N/A	N/A	10,006	10,006		10,000		0.2	%
Project Hotel California Co-Invest Fund, L.P. (27)(28)(29)(31)	LP Interest		N/A	N/A	2,687	2,687		2,685		—	%
Thunder Topco L.P. (dba Vector Solutions)(27)(28)(31)	Common Units		N/A	N/A	3,829,614	3,830		3,783		0.1	%
VEPF Torreys Aggregator, LLC (dba MINDBODY, Inc.)(21)(27)(28)	Series A Preferred Stock		6.00% (incl. 6.00% PIK)	N/A	21,250	22,544		22,319		0.4	%
WMC Bidco, Inc. (dba West Monroe)(21)(27)(28)	Senior Preferred Stock		11.25% (incl. 11.25% PIK)	N/A	18,427	18,039		17,230		0.3	%
Zoro TopCo, Inc. (dba Zendesk, Inc.)(21)(27)(28)	Series A Preferred Stock		12.50% (incl. 12.50% PIK)	N/A	9,554	9,220		9,220		0.2	%
Zoro TopCo, L.P. (dba Zendesk, Inc.)(27)(28)(31)	Class A Common Units		N/A	N/A	796,165	7,962		7,962		0.1	%
						113,187		111,125		1.9	%
Manufacturing
Gloves Holdings, LP (dba Protective Industrial Products)(27)(28)(31)	LP Interest		N/A	N/A	32,500	3,250		3,848		0.1	%
Windows Entities(27)(28)(32)	LLC Units		N/A	N/A	31,849	60,318		121,419		2.1	%
						63,568		125,267		2.2	%
Total non-controlled/non-affiliated portfolio company equity investments						$	619,870	$	702,485	11.7	%
Total non-controlled/non-affiliated portfolio company investments						$	12,133,062	$	12,010,369	203.5	%

48

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)		Fair Value		Percentage of Net Assets
Non-controlled/affiliated portfolio company investments
Equity Investments
Healthcare technology
LSI Financing 1 DAC(26)(27)(28)(29)(31)	Preferred equity		N/A	N/A	6,174,611	6,224		6,175		0.1	%
						6,224		6,175		0.1	%
Total non-controlled/affiliated portfolio company investments						$	6,224	$	6,175	0.1	%
Controlled/affiliated portfolio company investments
Debt Investments
Advertising and media
Swipe Acquisition Corporation (dba PLI)(10)(14)(26)(27)	First lien senior secured loan	S +	8.00%	6/2024	49,360	48,911		49,236		0.8	%
Swipe Acquisition Corporation (dba PLI)(10)(15)(22)(24)(26)(27)	First lien senior secured delayed draw term loan	S +	8.00%	5/2023	14,698	14,698		14,645		0.2	%
Swipe Acquisition Corporation (dba PLI)(10)(22)(26)(27)	Letter of Credit	S +	8.00%	6/2024	—	2		—		—	%
					64,058	63,611		63,881		1.0	%
Distribution
PS Operating Company LLC (fka QC Supply, LLC)(10)(12)(26)	First lien senior secured loan	L +	6.00%	12/2024	13,241	12,976		12,778		0.2	%
PS Operating Company LLC (fka QC Supply, LLC)(10)(12)(22)(26)	First lien senior secured revolving loan	L +	6.00%	12/2024	3,807	3,708		3,633		0.1	%
					17,048	16,684		16,411		0.3	%
Total controlled/affiliated portfolio company debt investments					81,106	$	80,295	$	80,292	1.3	%
Equity Investments
Advertising and media
New PLI Holdings, LLC (dba PLI)(26)(27)(28)(31)	Class A Common Units		N/A	N/A	86,745	48,008		97,799		1.7	%
						48,008		97,799		1.7	%
Asset based lending and fund finance
AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC(22)(26)(27)(28)(29)(31)	LLC Interest		N/A	N/A	5	5		—		—	%
AAM Series 2.1 Aviation Feeder, LLC(22)(26)(27)(28)(29)(31)	LLC Interest		N/A	N/A	1,568	1,574		1,568		—	%
Wingspire Capital Holdings LLC(9)(22)(26)(28)	LLC interest		N/A	N/A	364,145	364,145		431,531		7.3	%
						365,724		433,099		7.3	%
Distribution
PS Op Holdings LLC (fka QC Supply, LLC)(26)(28)(31)	Class A Common Units		N/A	N/A	248,271	4,300		3,950		0.1	%
						4,300		3,950		0.1	%

49

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Company(1)(4)(8)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(2)(3)		Fair Value		Percentage of Net Assets
Insurance
Fifth Season Investments LLC(9)(25)(27)(28)(31)	Class A Units		N/A	N/A	28	89,680		89,680		1.5	%
						89,680		89,680		1.5	%
Investment funds and vehicles
ORCC Senior Loan Fund LLC (fka Sebago Lake LLC)(7)(9)(26)(28)(29)	LLC Interest		N/A	N/A	318,839	318,839		288,981		4.9	%
						318,839		288,981		4.9	%
Total controlled/affiliated portfolio company equity investments						$	826,551	$	913,509	14.1	%
Total controlled/affiliated portfolio company investments						$	906,846	$	993,801	15.4	%
Total Investments						$	13,046,132	$	13,010,345	220.4	%

	Interest Rate Swaps as of December 31, 2022
	Company Receives	Company Pays		Maturity Date	Notional Amount	Hedged Instrument	Footnote Reference
Interest rate swap	5.25%	L +	2.937%	4/10/2024	400,000	2024 Notes	Note 6
Interest rate swap	2.63%	L +	1.655%	1/15/2027	500,000	2027 Notes	Note 6
Total					900,000

________________

(1)Certain portfolio company investments are subject to contractual restrictions on sales. Refer to footnote 28 for additional information on our restricted securities.

(2)The amortized cost represents the original cost adjusted for the amortization or accretion of premium or discount , as applicable, on debt investments using the effective interest method.

(3)As of December 31, 2022, the net estimated unrealized loss for U.S. federal income tax purposes was $126.2 million based on a tax cost basis of $13.1 billion. As of December 31, 2022, the estimated aggregate gross unrealized loss for U.S. federal income tax purposes was $382.2 million and the estimated aggregate gross unrealized gain for U.S. federal income tax purposes was $256.0 million.

(4)Unless otherwise indicated, all investments are considered Level 3 investments.

(5)Level 1 investment.

(6)Level 2 investment.

(7)Investment measured at net asset value (“NAV”).

(8)Unless otherwise indicated, the Company’s portfolio companies are pledged as collateral supporting the amounts outstanding under the Revolving Credit Facility, SPV Asset Facilities and CLOs. See Note 6 “Debt”.

(9)Investment is not pledged as collateral for the credit facilities.

(10)Loan contains a variable rate structure and may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the London Interbank Offered Rate (“LIBOR” or “L”, which can include one-, three-, six- or twelve- month LIBOR), Secured Overnight Financing Rate ("SOFR" or "S," which can include one-, three- or six- month SOFR), Euro Interbank Offered Rate (“EURIBOR”), Great Britain Pound London Interbank Offered Rate (“GBPLIBOR” or “G”, which can include three- or six-month GBPLIBOR), SONIA ("SONIA” or "SA") or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.

(11)The interest rate on these loans is subject to 1 month LIBOR, which as of December 31, 2022 was 4.39%.

(12)The interest rate on these loans is subject to 3 month LIBOR, which as of December 31, 2022 was 4.77%.

(13)The interest rate on these loans is subject to 6 month LIBOR, which as of December 31, 2022 was 5.14%.

(14)The interest rate on these loans is subject to 1 month SOFR, which as of December 31, 2022 was 4.36%.

(15)The interest rate on these loans is subject to 3 month SOFR, which as of December 31, 2022 was 4.59%.

(16)The interest rate on these loans is subject to 6 month SOFR, which as of December 31, 2022 was 4.78%.

(17)The interest rate on these loans is subject to Prime, which as of December 31, 2022 was 7.50%.

(18)The interest rate on this loan is subject to 3 month EURIBOR, which as of December 31, 2022 was 2.13%.

(19)The interest rate on this loan is subject to 6 month EURIBOR, which as of December 31, 2022 was 2.69%.

(20)The interest rate on this loan is subject to SONIA, which as of December 31, 2022 was 3.43%.

(21)Contains a fixed-rate structure.

(22)Position or portion thereof is an unfunded loan or equity commitment. See Note 7 “Commitments and Contingencies”.

(23)The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

50

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

(24)The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

(25)As defined in the 1940 Act, the Company is deemed to be an “affiliated person” of this portfolio company as the Company owns more than 5% but less than 25% of the portfolio company's voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“non-controlled affiliate”). Transactions related to investments in non-controlled affiliates for the period ended December 31, 2022 were as follows:

($ in thousands)	Fair value as of December 31, 2021		Gross Additions (a)		Gross Reductions(b)		Change in Unrealized Gains (Losses)		Fair value as of December 31, 2022		Interest Income		Dividend Income		Other Income
LSI Financing 1 DAC	—		6,224		—		(49)		6,175		—		—		—
Total Non-Controlled Affiliates	$	—	$	6,224	$	—	$	(49)	$	6,175	$	—	$	—	$	—

________________

(a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category.

(b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities.

(26)As defined in the 1940 Act, the Company is deemed to be both an “Affiliated Person” and has “Control” of this portfolio company as the Company owns more than 25% of the portfolio company’s outstanding voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“controlled affiliate”). The Company’s investment in controlled affiliates for the period ended December 31, 2022, were as follows:

($ in thousands)	Fair value as of December 31, 2021		Gross Additions (a)		Gross Reductions(b)		Change in Unrealized Gains (Losses)		Fair value as of December 31, 2022		Interest Income		Dividend Income		Other Income
Controlled Affiliates
AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC(d)	$	—	$	5	$	—	$	(5)	$	—	$	—	$	—	$	—
AAM Series 2.1 Aviation Feeder, LLC(d)	—		1,574		—		(6)		1,568		—		—		—
Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)	—		89,680		—		—		89,680		—		201		—
ORCC Senior Loan Fund LLC (fka Sebago Lake LLC)(c)	247,061		118,125		(49,000)		(27,205)		288,981		—		33,673		—
PS Operating Company LLC (fka QC Supply, LLC)	19,495		2,979		(1,444)		(669)		20,361		1,375		—		9
Swipe Acquisition Corporation (dba PLI)	108,061		4,284		(891)		50,226		161,680		6,831		6,673		680
Wingspire Capital Holdings LLC	242,163		201,107		(35,000)		23,261		431,531		—		36,500		—
Total Controlled Affiliates	$	616,780	$	417,754	$	(86,335)	$	45,602	$	993,801	$	8,206	$	77,047	$	689

________________

(a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category.

(b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities.

(c)For further description of the Company's investment in ORCC Senior Loan Fund LLC (fka Sebago Lake LLC), see Note 4 "Investments."

(d)In connection with its investment in AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, “Amergin Assetco”) the Company made a minority investment in Amergin Asset Management, LLC which has entered into a Servicing Agreement with Amergin Assetco.

(27)Represents co-investment made with the Company’s affiliates in accordance with the terms of the exemptive relief that the Company received from the U.S. Securities and Exchange Commission. See Note 3 “Agreements and Related Party Transactions.”

51

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

(28)Securities acquired in transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”) and may be deemed to be “restricted securities” under the Securities Act. As of December 31, 2022, the aggregate fair value of these securities is $1.6 billion or27.6% of the Company’s net assets. The acquisition dates of the restricted securities are as follows:

Portfolio Company	Investment	Acquisition Date
AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC**	LLC Interest	July 1, 2022
AAM Series 2.1 Aviation Feeder, LLC**	LLC Interest	July 1, 2022
Amergin Asset Management, LLC	Class A Units	July 1, 2022
Accelerate topco Holdings, LLC	Common Units	September 1, 2022
ASP Conair Holdings LP	Class A Units	May 17, 2021
Associations Finance, Inc.	Preferred Stock	June 10, 2022
Windows Entities	LLC Units	January 16, 2020
BCTO WIW Holdings, Inc. (dba When I Work)	Class A Common Stock	November 2, 2021
BEHP Co-Investor II, L.P.	LP Interest	May 11, 2022
WP Irving Co-Invest, L.P.	Partnership Units	May 18, 2022
Blend Labs, Inc.	Warrants	July 2, 2021
Brooklyn Lender Co-Invest 2, L.P. (dba Boomi)	Common Units	October 1, 2021
CD&R Value Building Partners I, L.P. (dba Belron)	LP Interest	December 2, 2021
Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)**	Class A Units	July 18, 2022
Denali Holding, LP (dba Summit Companies)	Class A Units	September 15, 2021
Dodge Construction Network Holdings, LP	Class A-2 Common Units	February 23, 2022
Dodge Construction Network Holdings, LP	Series A Preferred Units	February 23, 2022
Elliott Alto Co-Investor Aggregator L.P.	LP Interest	September 27, 2022
Picard Holdco, LLC	Series A Preferred Stock	September 30, 2022
Evology, LLC	Class B Units	January 24, 2022
Evolution Parent, LP (dba SIAA)	LP Interest	April 30, 2021
Gloves Holdings, LP (dba Protective Industrial Products)	LP Interest	December 29, 2020
GrowthCurve Capital Sunrise Co-Invest LP (dba Brightway)	LP Interest	December 16, 2021
Hercules Buyer, LLC (dba The Vincit Group)	Common Units	December 15, 2020
Hissho Sushi Holdings, LLC	Class A units	May 17, 2022
Insight CP (Blocker) Holdings, L.P. (dba CivicPlus, LLC)	LP Interest	June 8, 2022
Knockout Intermediate Holdings I Inc. (dba Kaseya)	Perpetual Preferred Stock	June 23, 2022
KOBHG Holdings, L.P. (dba OB Hospitalist)	Class A Interests	September 27, 2021
Maia Aggregator, LP	Class A-2 Units	February 1, 2022
H-Food Holdings, LLC	LLC Interest	November 23, 2018
LSI Financing 1 DAC**	Preferred equity	December 14, 2022
MessageBird Holding B.V.	Extended Series C Warrants	May 5, 2021
Metis HoldCo, Inc. (dba Mavis Tire Express Services)	Series A Convertible Preferred Stock	May 4, 2021
Minerva Holdco, Inc.	Series A Preferred Stock	February 15, 2022
KPCI Holdings, L.P.	Class A Units	November 30, 2020
Patriot Holdings SCSp (dba Corza Health, Inc.)	Class B Units	January 29, 2021
Patriot Holdings SCSp (dba Corza Health, Inc.)	Class A Units	January 29, 2021
PCF Holdco, LLC (dba PCF Insurance Services)	Class A Units	November 1, 2021
Project Alpine Co-Invest Fund, LP	LP Interest	June 10, 2022
Project Hotel California Co-Invest Fund, L.P.	LP Interest	August 9, 2022
PS Op Holdings LLC (fka QC Supply, LLC)**	Class A Common Units	December 21, 2021
Rhea Acquisition Holdings, LP	Series A-2 Units	February 18, 2022
Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)*	LLC Interest	June 20, 2017
Space Exploration Technologies Corp.	Class A Common Stock	March 25, 2021
Space Exploration Technologies Corp.	Class C Common Stock	March 25, 2021
Sunshine Software Holdings, Inc. (dba Cornerstone OnDemand)	Series A Preferred Stock	October 14, 2021
New PLI Holdings, LLC (dba PLI)**	Class A Common Units	December 23, 2020

52

Blue Owl Capital Corporation

Consolidated Schedule of Investments

As of December 31, 2022

(Amounts in thousands, except share amounts)

Portfolio Company	Investment	Acquisition Date
Thunder Topco L.P. (dba Vector Solutions)	Common Units	June 30, 2021
VEPF Torreys Aggregator, LLC (dba MINDBODY, Inc.)	Series A Preferred Stock	October 15, 2021
Wingspire Capital Holdings LLC**	LLC Interest	September 24, 2019
WMC Bidco, Inc. (dba West Monroe)	Senior Preferred Stock	November 9, 2021
Zoro TopCo, Inc. (dba Zendesk, Inc.)	Series A Preferred Stock	November 22, 2022
Zoro TopCo, L.P. (dba Zendesk, Inc.)	Class A Common Units	November 22, 2022

* Refer to Note 4 “Investments – ORCC Senior Loan Fund LLC,” for further information.

** Refer to Note 3 “Agreements and Related Party Transactions – Controlled/Affiliated Portfolio Companies”.

(29)This portfolio company is not a qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of total assets. As of December 31, 2022, non-qualifying assets represented 13.5% of total assets as calculated in accordance with the regulatory requirements.

(30)Loan was on non-accrual status as of December 31, 2022.

(31)Investment is non-income producing.

(32)Investment represents multiple underlying investments, including Midwest Custom Windows, LLC, Greater Toronto Custom Windows, Corp., Garden State Custom Windows, LLC, Long Island Custom Windows, LLC, Jemico, LLC, Atlanta Custom Windows, LLC and Fairchester Custom Windows (collectively, “Windows Entities”). Greater Toronto Custom Windows, Corp. is considered a non-qualifying asset, with a fair value of $9.1 million as of December 31, 2022.

(33)We invest in this portfolio company through underlying blocker entities Hercules Blocker 1 LLC, Hercules Blocker 2 LLC, Hercules Blocker 3 LLC, Hercules Blocker 4 LLC, and Hercules Blocker 5 LLC.

The accompanying notes are an integral part of these consolidated financial statements.

53

Blue Owl Capital Corporation

Consolidated Statements of Changes in Net Assets

(Amounts in thousands)

(Unaudited)

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2023		2022		2023		2022
Increase (Decrease) in Net Assets Resulting from Operations
Net investment income (loss)	$	186,676	$	125,124	$	364,536	$	247,479
Net change in unrealized gain (loss)	8,937		(159,822)		85,542		(242,009)
Net realized gain (loss)	(51)		(248)		(52,673)		3,569
Net Increase (Decrease) in Net Assets Resulting from Operations	195,562		(34,946)		397,405		9,039
Distributions
Distributions declared from earnings(1)	(152,000)		(122,085)		(296,786)		(244,404)
Net Decrease in Net Assets Resulting from Shareholders' Distributions	(152,000)		(122,085)		(296,786)		(244,404)
Capital Share Transactions
Repurchase of common shares	(11,968)		(10,017)		(34,058)		(10,017)
Reinvestment of distributions	—		—		—		11,951
Net Increase (Decrease) in Net Assets Resulting from Capital Share Transactions	(11,968)		(10,017)		(34,058)		1,934
Total Increase (Decrease) in Net Assets	31,594		(167,048)		66,561		(233,431)
Net Assets, at beginning of period	5,917,370		5,871,494		5,882,403		5,937,877
Net Assets, at end of period	$	5,948,964	$	5,704,446	$	5,948,964	$	5,704,446

_______________

(1)For the three and six months ended June 30, 2023 distributions declared from earnings were derived from net investment income. For the three and six months ended June 30, 2022 distributions declared from earnings were derived from net investment income and capital gains.

The accompanying notes are an integral part of these consolidated financial statements.

54

Blue Owl Capital Corporation

Consolidated Statements of Cash Flows

(Amounts in thousands)

(Unaudited)

	For the Six Months Ended June 30,
	2023		2022
Cash Flows from Operating Activities
Net Increase (Decrease) in Net Assets Resulting from Operations	$	397,405	$	9,039
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash used in operating activities:
Purchases of investments, net	(565,832)		(1,376,470)
Proceeds from investments and investment repayments, net	867,881		1,285,718
Net amortization/accretion of premium/discount on investments	(18,648)		(23,467)
Payment-in-kind interest and dividends	(113,628)		(69,210)
Net change in unrealized (gain) loss on investments	(85,668)		238,306
Net change in unrealized gain (loss) on interest rate swap attributed to unsecured notes	2,723		(65,238)
Net change in unrealized (gains) losses on translation of assets and liabilities in foreign currencies	(2,552)		4,071
Net realized (gain) loss on investments	52,365		(4,651)
Net realized (gain) loss on foreign currency transactions relating to investments	23		(6)
Amortization of debt issuance costs	14,426		14,807
Changes in operating assets and liabilities:
(Increase) decrease in interest receivable	318		12,654
(Increase) decrease in receivable from a controlled affiliate	(1,593)		(19,242)
(Increase) decrease in prepaid expenses and other assets	(1,744)		18,975
Increase (decrease) in management fee payable	440		103
Increase (decrease) in incentive fee payable	5,136		(2,701)
Increase (decrease) in payables to affiliate	143		(1,490)
Increase (decrease) in payables for investments purchased	—		—
Increase (decrease) in accrued expenses and other liabilities	(8,382)		53,544
Net cash provided by (used in) operating activities	542,813		74,742
Cash Flows from Financing Activities
Borrowings on debt	575,492		1,389,480
Payments on debt	(859,000)		(1,319,000)
Debt issuance costs	(4,748)		(6,658)
Repurchases of common stock	(34,058)		(10,015)
Cash distributions paid to shareholders	(297,691)		(232,435)
Net cash provided by (used in) financing activities	(620,005)		(178,628)
Net increase (decrease) in cash and restricted cash, including foreign cash (restricted cash of $(3,445) and $75,893, respectively)	(77,192)		(103,886)
Cash and restricted cash, including foreign cash, beginning of period (restricted cash of $96,420 and $21,481, respectively)	445,087		447,145
Cash and restricted cash, including foreign cash, end of period (restricted cash of $92,975 and $97,374, respectively)	$	367,895	$	343,259

The accompanying notes are an integral part of these consolidated financial statements.

55

Blue Owl Capital Corporation

Consolidated Statements of Cash Flows

(Amounts in thousands)

(Unaudited)

	For the Six Months Ended June 30,
	2023		2022
Supplemental and Non-Cash Information
Interest paid during the period	$	190,971	$	101,231
Distributions declared during the period	296,786		244,404
Reinvestment of distributions during the period	—		11,951
Distributions Payable	128,612		122,085
Taxes, including excise tax, paid during the period	1,495		1,266

56

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited)

Note 1. Organization

Blue Owl Capital Corporation (fka Owl Rock Capital Corporation) (the “Company”) is a Maryland corporation formed on October 15, 2015. The Company was formed primarily to originate and make loans to, and make debt and equity investments in, U.S. middle market companies. The Company invests in senior secured or unsecured loans, subordinated loans or mezzanine loans and, to a lesser extent, equity and equity-related securities including warrants, preferred stock and similar forms of senior equity, which may or may not be convertible into a portfolio company’s common equity. The Company’s investment objective is to generate current income and to a lesser extent, capital appreciation by targeting investment opportunities with favorable risk-adjusted returns.

The Company has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). In addition, for tax purposes, the Company is treated as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). Because the Company has elected to be regulated as a BDC and qualifies as a RIC under the Code, the Company’s portfolio is subject to diversification and other requirements.

On April 27, 2016, the Company formed a wholly-owned subsidiary, OR Lending LLC, a Delaware limited liability company, which holds a California finance lenders license. OR Lending LLC makes loans to borrowers headquartered in California. From time to time the Company may form wholly-owned subsidiaries to facilitate the normal course of business.

Blue Owl Credit Advisors LLC (fka Owl Rock Capital Advisors LLC) (the “Adviser”) serves as the Company’s investment adviser. The Adviser is registered with the Securities and Exchange Commission (“SEC”) as an investment adviser under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), an indirect affiliate of Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL) and part of Blue Owl’s Credit platform, which focuses on direct lending. Blue Owl consists of three investment platforms: (1) Credit, which focuses on direct lending, (2) GP Strategic Capital, which focuses on providing capital to institutional alternative asset managers, and (3) Real Estate, which focuses on real estate strategies. Subject to the overall supervision of the Company’s board of directors (the “Board”), the Adviser manages the day-to-day operations of, and provides investment advisory and management services to, the Company.

On July 22, 2019, the Company closed its initial public offering (“IPO”) and the Company’s common stock began trading on the New York Stock Exchange (“NYSE”) on July 18, 2019 ("Listing Date"). Since July 6, 2023, the Company's common stock has traded on the NYSE under the symbol "OBDC."

Note 2. Significant Accounting Policies

Basis of Presentation

The accompanying consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The Company is an investment company and, therefore, applies the specialized accounting and reporting guidance in Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies. In the opinion of management, all adjustments considered necessary for the fair presentation of the consolidated financial statements have been included. The Company was initially capitalized on March 1, 2016 and commenced operations on March 3, 2016. The Company’s fiscal year ends on December 31.

Use of Estimates

The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Actual amounts could differ from those estimates and such differences could be material.

Cash

Cash consists of deposits held at a custodian bank and restricted cash pledged as collateral. Cash is carried at cost, which approximates fair value. The Company deposits its cash with highly-rated banking corporations and, at times, may exceed the insured limits under applicable law.

57

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Investments at Fair Value

Investment transactions are recorded on the trade date. Realized gains or losses are measured by the difference between the net proceeds received and the amortized cost basis of the investment using the specific identification method without regard to unrealized gains or losses previously recognized, and include investments charged off during the period, net of recoveries. The net change in unrealized gains or losses primarily reflects the change in investment values, including the reversal of previously recorded unrealized gains or losses with respect to investments realized during the period. Rule 2a-5 under the 1940 Act was adopted by the SEC in January 2021 and establishes requirements for determining fair value in good faith for purposes of the 1940 Act. The Company complied with the mandatory provisions of Rule 2a-5 by the September 2022 compliance date. Additionally, commencing with the fourth quarter of 2022, pursuant to Rule 2a-5, the Board designated the Adviser as the Company's valuation designee to perform fair value determinations relating to the value of assets held by the Company for which market quotations are not readily available.

Investments for which market quotations are readily available are typically valued at the average bid price of those market quotations. To validate market quotations, the Company utilizes a number of factors to determine if the quotations are representative of fair value, including the source and number of the quotations. Debt and equity securities that are not publicly traded or whose market prices are not readily available, as is the case for substantially all of the Company’s investments, are valued at fair value as determined in good faith by the Adviser, as the valuation designee, based on, among other things, the input of the independent third-party valuation firm(s) engaged at the direction of the Adviser.

As part of the valuation process, the Adviser, as the valuation designee, takes into account relevant factors in determining the fair value of the Company’s investments, including: the estimated enterprise value of a portfolio company (i.e., the total fair value of the portfolio company’s debt and equity), the nature and realizable value of any collateral, the portfolio company’s ability to make payments based on its earnings and cash flow, the markets in which the portfolio company does business, a comparison of the portfolio company’s securities to any similar publicly traded securities, and overall changes in the interest rate environment and the credit markets that may affect the price at which similar investments may be made in the future. When an external event such as a purchase or sale transaction, public offering or subsequent equity sale occurs, the Adviser, as the valuation designee, considers whether the pricing indicated by the external event corroborates its valuation.

The Adviser, as the valuation designee, undertakes a multi-step valuation process, which includes, among other procedures, the following:

•With respect to investments for which market quotations are readily available, those investments will typically be valued at the average bid price of those market quotations;

•With respect to investments for which market quotations are not readily available, the valuation process begins with the independent valuation firm(s) providing a preliminary valuation of each investment to the Adviser’s valuation committee;

•Preliminary valuation conclusions are documented and discussed with the Adviser’s valuation committee;

•The Adviser, as the valuation designee, reviews the recommended valuations and determines the fair value of each investment;

•Each quarter, the Adviser, as the valuation designee, will provide the Audit Committee a summary or description of material fair value matters that occurred in the prior quarter and on an annual basis, the Adviser, as the valuation designee, will provide the Audit Committee with a written assessment of the adequacy and effectiveness of its fair value process; and

•The Audit Committee oversees the valuation designee and will report to the Board on any valuation matters requiring the Board’s attention.

The Company conducts this valuation process on a quarterly basis.

58

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

The Company applies Financial Accounting Standards Board (“FASB”) Accounting Standards Codification 820, Fair Value Measurements (“ASC 820”), as amended, which establishes a framework for measuring fair value in accordance with U.S. GAAP and required disclosures of fair value measurements. ASC 820 determines fair value to be the price that would be received for an investment in a current sale, which assumes an orderly transaction between market participants on the measurement date. Market participants are defined as buyers and sellers in the principal or most advantageous market (which may be a hypothetical market) that are independent, knowledgeable, and willing and able to transact. In accordance with ASC 820, the Company considers its principal market to be the market that has the greatest volume and level of activity. ASC 820 specifies a fair value hierarchy that prioritizes and ranks the level of observability of inputs used in determination of fair value. In accordance with ASC 820, these levels are summarized below:

•Level 1 – Valuations based on quoted prices in active markets for identical assets or liabilities that the Company has the ability to access.

•Level 2 – Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly.

•Level 3 – Valuations based on inputs that are unobservable and significant to the overall fair value measurement.

Transfers between levels, if any, are recognized at the beginning of the period in which the transfer occurs. In addition to using the above inputs in investment valuations, the Company applies the valuation policy approved by its Board that is consistent with ASC 820. Consistent with the valuation policy, the Adviser, as the valuation designee, evaluates the source of the inputs, including any markets in which its investments are trading (or any markets in which securities with similar attributes are trading), in determining fair value. When an investment is valued based on prices provided by reputable dealers or pricing services (such as broker quotes), the Adviser, as the valuation designee, subjects those prices to various criteria in making the determination as to whether a particular investment would qualify for treatment as a Level 2 or Level 3 investment. For example, the Adviser, as the valuation designee, or the independent valuation firm(s), reviews pricing support provided by dealers or pricing services in order to determine if observable market information is being used, versus unobservable inputs.

Due to the inherent uncertainty of determining the fair value of investments that do not have a readily available market value, the fair value of the Company’s investments may fluctuate from period to period. Additionally, the fair value of such investments may differ significantly from the values that would have been used had a ready market existed for such investments and may differ materially from the values that may ultimately be realized. Further, such investments are generally less liquid than publicly traded securities and may be subject to contractual and other restrictions on resale. If the Company were required to liquidate a portfolio investment in a forced or liquidation sale, it could realize amounts that are different from the amounts presented and such differences could be material.

In addition, changes in the market environment and other events that may occur over the life of the investments may cause the gains or losses ultimately realized on these investments to be different than the unrealized gains or losses reflected herein.

Financial and Derivative Instruments

Pursuant to ASC 815 Derivatives and Hedging, all derivative instruments entered into by the Company are designated as hedging instruments. For all derivative instruments designated as a hedge, the entire change in the fair value of the hedging instrument shall be recorded in the same line item of the Consolidated Statements of Operations as the hedged item. The Company’s derivative instruments are used to hedge the Company’s fixed rate debt, and therefore both the periodic payment and the change in fair value for the effective hedge, if applicable, will be recognized as components of interest expense in the Consolidated Statements of Operations. Fair value is estimated by discounting remaining payments using applicable current market rates, or market quotes, if available. Rule 18f-4 was adopted by the SEC in December 2020, and requires BDCs that use derivatives to, among other things, comply with a value-at-risk leverage limit, adopt a derivatives risk management program, and implement certain testing and board reporting procedures.

Foreign Currency

Foreign currency amounts are translated into U.S. dollars on the following basis:

•cash, fair value of investments, outstanding debt, other assets and liabilities: at the spot exchange rate on the last business day of the period; and

•purchases and sales of investments, borrowings and repayments of such borrowings, income and expenses: at the rates of exchange prevailing on the respective dates of such transactions.

59

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

The Company includes net changes in fair values on investments held resulting from foreign exchange rate fluctuations with the change in unrealized gains (losses) on translation of assets and liabilities in foreign currencies on the Consolidated Statements of Operations. The Company’s current approach to hedging the foreign currency exposure in its non-U.S. dollar denominated investments is primarily to borrow the par amount in local currency under the Company’s Revolving Credit Facility to fund these investments. Fluctuations arising from the translation of foreign currency borrowings are included with the net change in unrealized gains (losses) on translation of assets and liabilities in foreign currencies on the Consolidated Statements of Operations.

Investments denominated in foreign currencies and foreign currency transactions may involve certain considerations and risks not typically associated with those of domestic origin, including unanticipated movements in the value of the foreign currency relative to the U.S. dollar.

Interest and Dividend Income Recognition

Interest income is recorded on the accrual basis and includes amortization or accretion of premiums or discounts. Certain investments may have contractual payment-in-kind (“PIK”) interest or dividends. PIK interest and dividends represent accrued interest or dividends that are added to the principal amount or liquidation amount of the investment on the respective interest or dividend payment dates rather than being paid in cash and generally becomes due at maturity or at the occurrence of a liquidation event. For the three and six months ended June 30, 2023, PIK interest and PIK dividend income earned was $53.5 million and $106.4 million, representing 13.6% and 13.8% of investment income, respectively. For the three and six months ended June 30, 2022, PIK interest and PIK dividend income earned was $32.1 million and $59.6 million million, representing 11.7% and 11.1% of investment income, respectively. Discounts to par value on securities purchased are amortized into interest income over the contractual life of the respective security using the effective yield method. Premiums to par value on securities purchased are amortized to first call date. The amortized cost of investments represents the original cost adjusted for the amortization or accretion of premiums or discounts, if any. Upon prepayment of a loan or debt security, any prepayment premiums, unamortized upfront loan origination fees and unamortized discounts are recorded as interest income in the current period.

Loans are generally placed on non-accrual status when there is reasonable doubt that principal or interest will be collected in full. Accrued interest is generally reversed when a loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as income or applied to principal depending upon management’s judgment regarding collectability. If at any point the Company believes PIK interest or dividends are not expected to be realized, the investment generating PIK interest or dividends will be placed on non-accrual status. When a PIK investment is placed on non-accrual status, the accrued, uncapitalized interest or dividends are generally reversed through interest income. Non-accrual loans are restored to accrual status when past due principal and interest is paid current and, in management’s judgment, are likely to remain current. Management may make exceptions to this treatment and determine to not place a loan on non-accrual status if the loan has sufficient collateral value and is in the process of collection.

Dividend income on preferred equity securities is recorded on the accrual basis to the extent that such amounts are payable by the portfolio company and are expected to be collected. Dividend income on common equity securities is recorded on the record date for private portfolio companies or on the ex-dividend date for publicly-traded portfolio companies.

Other Income

From time to time, the Company may receive fees for services provided to portfolio companies. These fees are generally only available to the Company as a result of closing investments, are generally paid at the closing of the investments, are generally non-recurring and are recognized as revenue when earned upon closing of the investment. The services that the Adviser provides vary by investment, but can include closing, work, diligence or other similar fees and fees for providing managerial assistance to our portfolio companies.

Offering Expenses

Costs associated with the private placement offering of common shares of the Company were capitalized as deferred offering expenses and included in prepaid expenses and other assets in the Consolidated Statements of Assets and Liabilities and were amortized over a twelve-month period from incurrence. The Company records expenses related to public equity offerings as a reduction of capital upon completion of an offering of registered securities. The costs associated with renewals of the Company’s shelf registration statement will be expensed as incurred.

Debt Issuance Costs

The Company records origination and other expenses related to its debt obligations as deferred financing costs. These expenses are deferred and amortized utilizing the effective yield method, over the life of the related debt instrument. Debt issuance costs are presented on the Consolidated Statements of Assets and Liabilities as a direct deduction from the debt liability. In circumstances in which there is not an associated debt liability amount recorded in the consolidated financial statements when the debt issuance costs are incurred, such debt issuance costs will be reported on the Consolidated Statements of Assets and Liabilities as an asset until the debt liability is recorded.

60

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Reimbursement of Transaction-Related Expenses

The Company may receive reimbursement for certain transaction-related expenses in pursuing investments. Transaction-related expenses, which are generally expected to be reimbursed by the Company’s portfolio companies, are typically deferred until the transaction is consummated and are recorded in prepaid expenses and other assets on the date incurred. The costs of successfully completed investments not otherwise reimbursed are borne by the Company and are included as a component of the investment’s cost basis.

Cash advances received in respect of transaction-related expenses are recorded as cash with an offset to accrued expenses and other liabilities. Accrued expenses and other liabilities are relieved as reimbursable expenses are incurred.

Income Taxes

The Company has elected to be treated as a BDC under the 1940 Act. The Company has elected to be treated as a RIC under the Code beginning with its taxable year ending December 31, 2016 and intends to continue to qualify as a RIC. So long as the Company maintains its tax treatment as a RIC, it generally will not pay U.S. federal income taxes at corporate rates on any ordinary income or capital gains that it distributes at least annually to its shareholders as dividends. Instead, any tax liability related to income earned and distributed by the Company represents obligations of the Company’s investors and will not be reflected in the consolidated financial statements of the Company.

To qualify as a RIC, the Company must, among other things, meet certain source-of-income and asset diversification requirements. In addition, to qualify for RIC tax treatment, the Company must distribute to its shareholders, for each taxable year, at least 90% of its “investment company taxable income” for that year, which is generally its ordinary income plus the excess of its realized net short-term capital gains over its realized net long-term capital losses. In order for the Company not to be subject to U.S. federal excise taxes, it must distribute annually an amount at least equal to the sum of (i) 98% of its net ordinary income (taking into account certain deferrals and elections) for the calendar year, (ii) 98.2% of its capital gains in excess of capital losses for the one-year period ending on October 31 of the calendar year and (iii) any net ordinary income and capital gains in excess of capital losses for preceding years that were not distributed during such years. The Company, at its discretion, may carry forward taxable income in excess of calendar year dividends and pay a 4% nondeductible U.S. federal excise tax on this income.

Certain of the Company’s consolidated subsidiaries are subject to U.S. federal and state corporate-level income taxes.

The Company evaluates tax positions taken or expected to be taken in the course of preparing its consolidated financial statements to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions not deemed to meet the “more-likely-than-not” threshold are reserved and recorded as a tax benefit or expense in the current year. All penalties and interest associated with income taxes are included in income tax expense. Conclusions regarding tax positions are subject to review and may be adjusted at a later date based on factors including, but not limited to, on-going analyses of tax laws, regulations and interpretations thereof. There were no material uncertain tax positions through December 31, 2022. As applicable, the Company’s prior three tax years remain subject to examination by U.S. federal, state and local tax authorities.

Distributions to Common Shareholders

Distributions to common shareholders are recorded on the record date. The amount to be distributed is determined by the Board and is generally based upon the earnings estimated by the Adviser. In addition, the Board may consider the level of undistributed taxable income carried forward from the prior year for distribution in the current year. Net realized long-term capital gains, if any, would generally be distributed at least annually, although the Company may decide to retain such capital gains for investment.

The Company has adopted a dividend reinvestment plan that provides for reinvestment of any cash distributions on behalf of shareholders, unless a shareholder elects to receive cash. As a result, if the Board authorizes and declares a cash distribution, then the shareholders who have not “opted out” of the dividend reinvestment plan will have their cash distribution automatically reinvested in additional shares of the Company’s common stock, rather than receiving the cash distribution. The Company expects to use newly issued shares or shares purchased in the open-market to implement the dividend reinvestment plan.

Consolidation

As provided under Regulation S-X and ASC Topic 946 – Financial Services – Investment Companies, the Company will generally not consolidate its investment in a company other than a wholly-owned investment company or controlled operating company whose business consists of providing services to the Company. Accordingly, the Company consolidated the accounts of the Company’s wholly-owned subsidiaries that meet the aforementioned criteria in its consolidated financial statements. All significant intercompany balances and transactions have been eliminated in consolidation.

61

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

The Company does not consolidate its equity interest in Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC) ("OBDC SLF"), Wingspire Capital Holdings LLC (“Wingspire”), Fifth Season Investment LLC (fka Chapford SMA Partnership, L.P.) ("Fifth Season"), or AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, "Amergin AssetCo"). For further description of the Company’s investment in OBDC SLF, see Note 4 “Investments”. For further description of the Company’s investments in Wingspire, Amergin AssetCo and Fifth Season, see Note 3 “Agreements and Related Party Transactions – Controlled/Affiliated Portfolio Companies”.

New Accounting Pronouncements

In March 2020, the FASB issued ASU No. 2020-04, “Reference Rate Reform (Topic 848),” which provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts, hedging relationships, and other transactions that reference London Interbank Offered Rate (“LIBOR”) or another reference rate expected to be discontinued because of reference rate reform. In January 2021, the FASB issued ASU No. 2021-01, “Reference Rate Reform (Topic 848),” which expanded the scope of Topic 848 to include derivative instruments impacted by discounting transition. In December 2022, the FASB issued ASU No. 2022-06, “Reference Rate Reform (Topic 848),” which extended the transition period provided under ASU No. 2020-04 and 2021-01 for all entities from December 31, 2022 to December 31, 2024. ASU No. 2021-01 provides increased clarity as the Company continues to evaluate the transition of reference rates and is currently evaluating the impact of adopting ASU No. 2020-04, 2021-01 and 2022-06 on the consolidated financial statements.

In June 2022, the FASB issued ASU No. 2022-03, “Fair Value Measurement (Topic 820),” which clarifies the guidance in Topic 820 when measuring the fair value of an equity security subject to contractual restrictions that prohibit the sale of an equity security and introduces new disclosure requirements for equity securities subject to contractual sale restrictions that are measured at fair value in accordance with Topic 820. The amendments affect all entities that have investments in equity securities measured at fair value that are subject to a contractual sale restriction. ASU 2022-03 is effective for public business entities for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. For all other entities the amendments are effective for fiscal years beginning after December 15, 2024, and interim periods within those fiscal years. Early adoption is permitted for both interim and annual financial statements that have not yet been issued or made available for issuance. An entity that qualifies as an investment company under Topic 946 should apply the amendments in ASU No. 2022-03 to an investment in an equity security subject to a contractual sale restriction that is executed or modified on or after the date of adoption. The Company is currently evaluating the impact of adopting ASU No. 2022-03 on the consolidated financial statements.

Other than the aforementioned guidance, the Company’s management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the accompanying consolidated financial statements.

Note 3. Agreements and Related Party Transactions

Administration Agreement

The Company has entered into an amended and restated Administration Agreement (the “Administration Agreement”) with the Adviser. Under the terms of the Administration Agreement, the Adviser performs, or oversees, the performance of, required administrative services, which includes providing office space, equipment and office services, maintaining financial records, preparing reports to shareholders and reports filed with the SEC, and managing the payment of expenses and the performance of administrative and professional services rendered by others.

The Administration Agreement also provides that the Company reimburses the Adviser for certain offering costs.

The Company reimburses the Adviser for services performed for it pursuant to the terms of the Administration Agreement. In addition, pursuant to the terms of the Administration Agreement, the Adviser may delegate its obligations under the Administration Agreement to an affiliate or to a third party and the Company will reimburse the Adviser for any services performed for it by such affiliate or third party.

Unless earlier terminated as described below, the Administration Agreement will remain in effect for two years from the date it first became effective, and will remain in effect from year to year thereafter if approved annually by (1) the vote of the Board, or by the vote of a majority of its outstanding voting securities, and (2) the vote of a majority of the Company’s directors who are not “interested persons” of the Company, of the Adviser or of any of their respective affiliates, as defined in the 1940 Act. On May 8, 2023, the Board approved the continuation of the Administration Agreement. The Administration Agreement may be terminated at any time, without the payment of any penalty, on 60 days’ written notice, by the vote of a majority of the outstanding voting securities of the Company, or by the vote of the Board or by the Adviser.

62

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

No person who is an officer, director, or employee of the Adviser or its affiliates and who serves as a director of the Company receives any compensation from the Company for his or her services as a director. However, the Company reimburses the Adviser (or its affiliates) for an allocable portion of the compensation paid by the Adviser or its affiliates to the Company’s Chief Compliance Officer, Chief Financial Officer and their respective staffs (based on the percentage of time those individuals devote, on an estimated basis, to the business and affairs of the Company). Directors who are not affiliated with the Adviser receive compensation for their services and reimbursement of expenses incurred to attend meetings.

For the three and six months ended June 30, 2023 the Company incurred expenses of approximately $2.0 million and $3.9 million, respectively, for costs and expenses reimbursable to the Adviser under the terms of the Administration Agreement. For the three and six months ended June 30, 2022 the Company incurred expenses of approximately $1.4 million and $2.9 million, respectively, for costs and expenses reimbursable to the Adviser under the terms of the Administration Agreement.

Investment Advisory Agreement

The Investment Advisory Agreement became effective on May 18, 2021. Under the terms of the Investment Advisory Agreement, the Adviser is responsible for managing the Company’s business and activities, including sourcing investment opportunities, conducting research, performing diligence on potential investments, structuring its investments, and monitoring its portfolio companies on an ongoing basis through a team of investment professionals.

The Adviser’s services under the Investment Advisory Agreement are not exclusive, and it is free to furnish similar services to other entities so long as its services to the Company are not impaired.

Unless earlier terminated as described below, the Investment Advisory Agreement will remain in effect for two years from the date it first became effective, and will remain in effect from year-to-year thereafter if approved annually by a majority of the Board or by the holders of a majority of our outstanding voting securities and, in each case, by a majority of independent directors. On May 8, 2023, the Board approved the continuation of the Investment Advisory Agreement.

The Investment Advisory Agreement will automatically terminate within the meaning of the 1940 Act and related SEC guidance and interpretations in the event of its assignment. In accordance with the 1940 Act, without payment of any penalty, the Company may terminate the Investment Advisory Agreement with the Adviser upon 60 days’ written notice. The decision to terminate the agreement may be made by a majority of the Board or the shareholders holding a majority (as defined under the 1940 Act) of the outstanding shares of the Company’s common stock or the Adviser. In addition, without payment of any penalty, the Adviser may generally terminate the Investment Advisory Agreement upon 60 days’ written notice and, in certain circumstances, the Adviser may only be able to terminate the Investment Advisory Agreement upon 120 days’ written notice.

From time to time, the Adviser may pay amounts owed by the Company to third-party providers of goods or services, including the Board, and the Company will subsequently reimburse the Adviser for such amounts paid on its behalf. Amounts payable to the Adviser are settled in the normal course of business without formal payment terms.

Under the terms of the Investment Advisory Agreement, the Company will pay the Adviser a base management fee and may also pay to it certain incentive fees. The cost of both the management fee and the incentive fee will ultimately be borne by the Company’s shareholders.

The management fee is currently payable quarterly in arrears. The management fee is payable at an annual rate of (x) 1.50% of the Company’s average gross assets (excluding cash and cash equivalents, but including assets purchased with borrowed amounts) that is above an asset coverage ratio of 200% calculated in accordance with Sections 18 and 61 of the 1940 Act and (y) 1.00% of the Company’s average gross assets (excluding cash and cash equivalents, but including assets purchased with borrowed amounts) that is below an asset coverage ratio of 200% calculated in accordance with Section 18 and 61 of the 1940 Act, in each case, at the end of the two most recently completed calendar quarters. The management fee for any partial month or quarter, as the case may be, will be appropriately prorated and adjusted for any share issuances or repurchases during the relevant calendar months or quarters, as the case may be.

For the three and six months ended June 30, 2023, management fees were $48.0 million and $96.1 million, respectively. For the three and six months ended June 30, 2022, management fees were $46.9 million and $94.3 million, respectively.

The incentive fee consists of two components that are independent of each other, with the result that one component may be payable even if the other is not. A portion of the incentive fee is based on the Company’s pre-incentive fee net investment income and a portion is based on the Company’s capital gains. The portion of the incentive fee based on pre-incentive fee net investment income is determined and paid quarterly in arrears commencing with the first calendar quarter following the Listing Date, and equals 100% of the pre-incentive fee net investment income in excess of a 1.5% quarterly “hurdle rate,” until the Adviser has received 17.5% of the total pre-incentive fee net investment income for that calendar quarter and, for pre-incentive fee net investment income in excess of 1.82% quarterly, 17.5% of all remaining pre-incentive fee net investment income for that calendar quarter.

63

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

The second component of the incentive fee, the capital gains incentive fee, payable at the end of each calendar year in arrears, equals 17.5% of cumulative realized capital gains from the Listing Date to the end of each calendar year, less cumulative realized capital losses and unrealized capital depreciation from the Listing Date to the end of each calendar year, less the aggregate amount of any previously paid capital gains incentive fee for prior periods. In no event will the capital gains incentive fee payable pursuant to the Investment Advisory Agreement be in excess of the amount permitted by the Advisers Act of 1940, as amended, including Section 205 thereof.

While the Investment Advisory Agreement neither includes nor contemplates the inclusion of unrealized gains in the calculation of the capital gains incentive fee, as required by U.S. GAAP, the Company accrues capital gains incentive fees on unrealized gains. This accrual reflects the incentive fees that would be payable to the Adviser if the Company’s entire investment portfolio was liquidated at its fair value as of the balance sheet date even though the Adviser is not entitled to an incentive fee with respect to unrealized gains unless and until such gains are actually realized.

For the three and six months ended June 30, 2023, the Company incurred $39.6 million and 77.3 million of performance based incentive fees based on net investment income, respectively. For the three and six months ended June 30, 2022, the Company incurred $26.5 million and $52.5 million of performance based incentive fees based on net investment income, respectively.

For the three and six months ended June 30, 2023 and 2022, the Company did not accrue capital gains based incentive fees.

Affiliated Transactions

The Company may be prohibited under the 1940 Act from participating in certain transactions with its affiliates without prior approval of the directors who are not interested persons, and in some cases, the prior approval of the SEC. The Company, the Adviser and certain of their affiliates have been granted an order for exemptive relief (the “Order”) by the SEC for the Company to co-invest with other funds managed by the Adviser or certain affiliates in a manner consistent with the Company’s investment objective, positions, policies, strategies and restrictions as well as regulatory requirements and other pertinent factors. Pursuant to such Order, the Company generally is permitted to co-invest with certain of its affiliates if a “required majority” (as defined in Section 57(o) of the 1940 Act) of the Board make certain conclusions in connection with a co-investment transaction, including that (1) the terms of the transaction, including the consideration to be paid, are reasonable and fair to the Company and its shareholders and do not involve overreaching by the Company or its shareholders on the part of any person concerned, (2) the transaction is consistent with the interests of the Company’s shareholders and is consistent with its investment objective and strategies, (3) the investment by its affiliates would not disadvantage the Company, and the Company’s participation would not be on a basis different from or less advantageous than that on which its affiliates are investing and (4) the proposed investment by the Company would not benefit the Adviser or its affiliates or any affiliated person of any of them (other than the parties to the transaction), except to the extent permitted by the Order and applicable law, including the limitations set forth in Section 57(k) of the 1940 Act. In addition, the Company has received an amendment to its Order to permit it to participate in follow-on investments in its existing portfolio companies with certain affiliates that are private funds, if such private funds did not have an investment in such existing portfolio company.

The Adviser is affiliated with Blue Owl Technology Credit Advisors LLC (“OTCA”), Blue Owl Technology Credit Advisors II LLC ("OTCA II"), Blue Owl Credit Private Fund Advisors LLC (“OPFA”) and Blue Owl Diversified Credit Advisors LLC (“ODCA” together with OTCA, OTCA II, OPFA and the Adviser, the "Blue Owl Credit Advisers"), which are also registered investment advisers. The Blue Owl Credit Advisers are affiliates of Blue Owl and comprise part of Blue Owl's Credit platform, which focuses on direct lending. The Blue Owl Credit Advisers’ allocation policy seeks to ensure equitable allocation of investment opportunities over time between the Company and other funds managed by the Adviser or its affiliates. As a result of the Order, there could be significant overlap in the Company’s investment portfolio and the investment portfolio of the business development companies, private funds and separately managed accounts managed by the Blue Owl Credit Advisers (collectively, the "Blue Owl Credit Clients") and/or other funds managed by the Adviser or its affiliates that could avail themselves of the Order and that have an investment objective similar to the Company's.

License Agreement

On July 6, 2023, the Company entered into a license agreement (the “License Agreement”) with an affiliate of Blue Owl, pursuant to which we were granted a non-exclusive license to use the name “Blue Owl.” Under the License Agreement, the Company has a right to use the Blue Owl name for so long as the Adviser or one of its affiliates remains the Company’s investment adviser. Other than with respect to this limited license, the Company will have no legal right to the “Blue Owl” name or logo.

64

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Controlled/Affiliated Portfolio Companies

Under the 1940 Act, the Company is required to separately identify non-controlled investments where it owns 5% or more of a portfolio company’s outstanding voting securities and/or has the power to exercise control over the management or policies of such portfolio company as investments in “affiliated” companies. In addition, under the 1940 Act, the Company is required to separately identify investments where it owns more than 25% of a portfolio company’s outstanding voting securities and/or has the power to exercise control over the management or policies of such portfolio company as investments in “controlled” companies. Under the 1940 Act, “non-affiliated investments” are defined as investments that are neither controlled investments nor affiliated investments. Detailed information with respect to the Company’s non-controlled, non-affiliated; non-controlled, affiliated; and controlled affiliated investments is contained in the accompanying consolidated financial statements, including the consolidated schedule of investments.

The Company has made investments in controlled, affiliated companies, including OBDC SLF, Wingspire, Amergin AssetCo and Fifth Season and in a non-controlled, affiliated company, LSI Financing DAC 1 ("LSI Financing"). For further description of OBDC SLF, see “Note 4. Investments.”

Wingspire is an independent diversified direct lender focused on providing asset-based commercial finance loans and related senior secured loans to U.S.-based middle market borrowers. Wingspire offers a wide variety of asset-based financing solutions to businesses in an array of industries, including revolving credit facilities, machinery and equipment term loans, real estate term loans, first-in/last-out tranches, cash flow term loans, and opportunistic / bridge financings. Wingspire conducts its business through an indirectly owned subsidiary, Wingspire Capital LLC. The Company committed $50 million to Wingspire on September 24, 2019, and subsequently increased its commitment to $100 million on March 25, 2020, to $150 million on July 31, 2020, to $200 million on March 8, 2021, to $250 million on August 19, 2021, to $350 million on February 28, 2022, to $400 million on May 21, 2022 and again to $450 million on February 28, 2023. The Company does not consolidate its equity interest in Wingspire.

Amergin AssetCo was created to invest in a leasing platform focused on railcar and aviation assets. Amergin consists

of Amergin AssetCo and Amergin Asset Management LLC, which has entered into a Servicing Agreement with Amergin AssetCo. The Company made a $90 million equity commitment to Amergin AssetCo on July 1, 2022. The Company’s investment in Amergin is a co-investment made with the Company’s affiliates in accordance with the terms of the exemptive relief that the Company received from the SEC. The Company does not consolidate its equity interest in Amergin AssetCo.

Fifth Season is a portfolio company created to invest in life settlement assets. On July 18, 2022, the Company made a $15.9 million equity commitment to Fifth Season. The Company increased its investment in Fifth Season on October 17, 2022, November 9, 2022, November 15, 2022, November 29, 2022, February 9, 2023, May 3, 2023, June 1, 2023, June 13, 2023 and June 20, 2023 by $73.6 million, $1.7 million, $7.3 million, $7.0 million, $5.3 million, $5.3 million, $3.5 million, $3.5 million and $3.5 million, respectively. The Company’s investment in Fifth Season is a co-investment with its affiliates in accordance with the terms of the exemptive relief that the Company received from the SEC. The Company does not consolidate its equity interest in Fifth Season.

LSI Financing is a portfolio company formed to acquire contractual rights to revenue pursuant to earnout agreements generally in the life sciences space. On December 14, 2022, the Company made a $6.2 million investment in LSI Financing. The Company increased its investment in LSI Financing on February 17, 2023, February 24, 2023, and March 16, 2023 by $2.8 million, $0.3 million, and $11.9 million, respectively. The Company’s investment in LSI Financing is a co-investment with its affiliates in accordance with the terms of the exemptive relief that we received from the SEC. The Company does not consolidate its equity interest in LSI Financing.

65

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Note 4. Investments

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

The table below presents the composition of investments at fair value and amortized cost as of the following periods:

	June 30, 2023				December 31, 2022
($ in thousands)	Amortized Cost		Fair Value		Amortized Cost		Fair Value
First-lien senior secured debt investments	$	8,954,884	$	8,898,911	$	9,388,499	$	9,279,179
Second-lien senior secured debt investments	1,889,071		1,822,865		1,934,274		1,860,978
Unsecured debt investments	284,905		273,372		270,714		248,019
Preferred equity investments(3)	403,517		400,625		361,690		355,261
Common equity investments(1)	906,255		1,132,742		772,116		977,927
Joint ventures(2)(4)	385,339		364,428		318,839		288,981
Total Investments	$	12,823,971	$	12,892,943	$	13,046,132	$	13,010,345

_______________

(1)Includes equity investment in Wingspire, Amergin AssetCo, and Fifth Season.

(2)Includes equity investment in OBDC SLF. See below, within Note 4, for more information regarding OBDC SLF.

(3)Includes equity investment in LSI Financing.

(4)This was disclosed as “Investment funds and vehicles” as of December 31, 2022.

66

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

The table below presents the industry composition of investments based on fair value as of the following periods:

	June 30, 2023		December 31, 2022
Advertising and media	1.5	%	1.5	%
Aerospace and defense	2.9		2.8
Asset based lending and fund finance(1)	5.7		4.9
Automotive	2.0		1.5
Buildings and real estate	3.8		3.7
Business services	3.0		2.9
Chemicals	1.5		1.6
Consumer products	3.9		3.9
Containers and packaging	1.3		1.3
Distribution	3.6		4.2
Education	1.0		1.0
Financial services	4.1		5.0
Food and beverage	6.4		6.7
Healthcare equipment and services	4.0		3.9
Healthcare providers and services	4.6		4.5
Healthcare technology	4.7		4.8
Household products	2.3		2.1
Human resource support services	1.5		1.5
Infrastructure and environmental services	1.3		1.2
Insurance(3)	9.8		9.3
Internet software and services	13.4		13.3
Joint ventures(2)(5)	2.8		2.2
Leisure and entertainment	1.8		2.2
Manufacturing	5.7		5.8
Oil and gas	0.3		0.8
Pharmaceuticals(4)	0.2		—
Professional services	4.0		3.5
Specialty retail	2.2		2.2
Transportation	0.7		1.7
Total	100.0	%	100.0	%

_______________

(1)Includes equity investment in Wingspire and Amergin AssetCo.

(2)Includes equity investment in OBDC SLF. See below, within Note 4, for more information regarding OBDC SLF.

(3)Includes equity investment in Fifth Season.

(4)Includes equity investment in LSI Financing.

(5)This was disclosed as “Investment funds and vehicles” as of December 31, 2022.

The table below presents the geographic composition of investments based on fair value as of the following periods:

	June 30, 2023		December 31, 2022
United States:
Midwest	18.0	%	17.5	%
Northeast	21.1		20.4
South	32.9		34.4
West	20.7		20.6
International	7.3		7.1
Total	100.0	%	100.0	%

67

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)

Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC) ("OBDC SLF"), a Delaware limited liability company, was formed as a joint venture between the Company and The Regents of the University of California (“Regents”) and commenced operations on June 20, 2017. OBDC SLF’s principal purpose is to make investments, primarily in senior secured loans that are made to middle-market companies or in broadly syndicated loans. Through June 30, 2021, both the Company and Regents had a 50% economic ownership in OBDC SLF. Effective as of June 30, 2021, capital commitments to OBDC SLF were increased to an aggregate of $371.5 million. In connection with this change, the Company increased its economic ownership interest to 87.5% from 50.0% and Regents transferred its remaining economic interest of 12.5% to Nationwide Life Insurance Company (“Nationwide” and together with the Company, the “Members” and each a “Member”). On July 26, 2022, the Members increased their capital commitments in OBDC SLF to an aggregate of $571.5 million. OBDC SLF is managed by the Members, each of which have equal voting rights. Investment decisions must be approved by each of the Members. Except under certain circumstances, contributions to OBDC SLF cannot be redeemed.

The Company has determined that OBDC SLF is an investment company under ASC 946; however, in accordance with such guidance, the Company will generally not consolidate its investment in a company other than a wholly owned investment company subsidiary or a controlled operating company whose business consists of providing services to the Company. Other than for purposes of the 1940 Act, the Company does not believe that it has control over this portfolio company. Accordingly, the Company does not consolidate its non-controlling interest in OBDC SLF.

As of June 30, 2023 and December 31, 2022, OBDC SLF had total investments in senior secured debt at fair value of $1.1 billion and $997.4 million, respectively. The determination of fair value is in accordance with ASC 820; however, such fair value is not included in the Company’s valuation process described herein. The tables below presents a summary of OBDC SLF’s portfolio as well as a listing of the portfolio investments in its portfolio as of the following periods:

($ in thousands)	June 30, 2023			December 31, 2022
Total senior secured debt investments(1)	$	1,139,146		$	1,045,865
Weighted average spread over base rate(1)	4.17		%	4.05		%
Number of portfolio companies	61			56
Largest funded investment to a single borrower(1)	40,062			40,272

_______________

(1)At par.

68

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of June 30, 2023 ($ in thousands) (Unaudited)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Debt Investments
Aerospace and defense
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(15)	First lien senior secured loan	S +	6.00%	1/2025	$	33,932	$	33,812	$	29,191	7.0	%
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(13)(15)	First lien senior secured revolving loan	S +	6.00%	1/2025	3,000		2,997		2,581		0.6	%
Bleriot US Bidco Inc.(9)(15)	First lien senior secured loan	S +	4.00%	10/2026	25,239		25,162		25,201		6.1	%
Dynasty Acquisition Co., Inc. (dba StandardAero Limited)(9)(14)	First lien senior secured loan	S +	3.50%	4/2026	38,500		38,416		38,132		9.1	%
					100,671		100,387		95,105		22.8	%
Automotive
Holley, Inc.(9)(15)	First lien senior secured loan	S +	3.75%	11/2028	23,069		22,938		19,657		4.7	%
Mavis Tire Express Services Topco Corp.(9)(14)	First lien senior secured loan	S +	4.00%	5/2028	2,910		2,892		2,881		0.7	%
PAI Holdco, Inc.(7)(9)	First lien senior secured loan	L +	3.75%	10/2027	13,776		13,389		12,733		3.1	%
					39,755		39,219		35,271		8.5	%
Buildings and Real estate
CoreLogic Inc.(6)(9)	First lien senior secured loan	L +	3.50%	6/2028	7,307		6,853		6,588		1.6	%
Wrench Group, LLC.(9)(15)	First lien senior secured loan	S +	4.00%	4/2026	31,842		31,748		31,458		7.6	%
					39,149		38,601		38,046		9.2	%
Business Services
Capstone Acquisition Holdings, Inc.(14)	First lien senior secured loan	S +	4.75%	11/2027	14,296		14,195		14,260		3.4	%
Capstone Acquisition Holdings, Inc.(13)(14)	First lien senior secured delayed draw term loan	S +	4.75%	11/2027	913		907		911		0.2	%
CoolSys, Inc.(9)(15)	First lien senior secured loan	S +	4.75%	8/2028	23,141		22,314		21,186		5.1	%
CoolSys, Inc.(9)(10)(12)(13)(15)	First lien senior secured delayed draw term loan	S +	4.75%	8/2023	322		172		(30)		—	%
ConnectWise, LLC(6)(9)	First lien senior secured loan	L +	3.50%	9/2028	16,745		16,679		16,274		3.9	%
LABL, Inc.(9)(14)	First lien senior secured loan	S +	5.00%	10/2028	4,796		4,739		4,742		1.1	%
Packers Holdings, LLC(9)(14)	First lien senior secured loan	S +	3.25%	3/2028	16,100		15,800		11,106		2.7	%
					76,313		74,806		68,449		16.4	%
Chemicals
Aruba Investments Holdings LLC (dba Angus Chemical Company)(6)(9)	First lien senior secured loan	L +	4.00%	11/2027	17,784		17,407		17,131		4.1	%
Cyanco Intermediate Corp.(14)	First lien senior secured loan	S +	4.75%	7/2028	4,999		4,850		4,850		1.2	%
					22,783		22,257		21,981		5.3	%
Consumer Products
Olaplex, Inc.(9)(14)	First lien senior secured loan	S +	3.50%	2/2029	25,063		24,205		23,371		5.6	%
					25,063		24,205		23,371		5.6	%

69

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of June 30, 2023 ($ in thousands) (Unaudited)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(3)	Fair Value	Percentage of Members' Equity
Containers and Packaging
BW Holding, Inc.(15)	First lien senior secured loan	S +	4.00%	12/2028	12,135	11,924	11,063	2.7	%
Five Star Lower Holding LLC(9)(16)	First lien senior secured loan	S +	4.25%	5/2029	25,691	25,370	25,294	6.0	%
Ring Container Technologies Group, LLC (dba Ring Container Technologies)(9)(14)	First lien senior secured loan	S +	3.50%	8/2028	24,625	24,578	24,497	5.9	%
Valcour Packaging, LLC(8)(9)	First lien senior secured loan	L +	3.75%	10/2028	6,913	6,894	5,810	1.4	%
					69,364	68,766	66,664	16.0	%
Distribution
BCPE Empire Holdings, Inc. (dba Imperial-Dade)(9)(14)	First lien senior secured loan	S +	4.75%	12/2028	24,750	23,825	24,661	5.9	%
Dealer Tire, LLC(9)(14)	First lien senior secured loan	S +	4.50%	12/2027	35,803	35,005	35,624	8.6	%
SRS Distribution, Inc.(6)(9)	First lien senior secured loan	L +	3.50%	6/2028	9,825	9,770	9,530	2.3	%
					70,378	68,600	69,815	16.8	%
Education
Spring Education Group, Inc. (fka SSH Group Holdings, Inc.)(7)(9)	First lien senior secured loan	L +	4.00%	7/2025	33,337	33,303	33,039	7.9	%
Sophia, L.P.(14)	First lien senior secured loan	S +	4.25%	10/2027	19,800	19,639	19,751	4.7	%
					53,137	52,942	52,790	12.6	%
Food and beverage
Balrog Acquisition, Inc. (dba Bakemark)(9)(15)	First lien senior secured loan	S +	4.00%	9/2028	24,625	24,424	24,263	5.8	%
Dessert Holdings(7)	First lien senior secured loan	L +	4.00%	6/2028	25,588	25,443	23,413	5.6	%
Naked Juice LLC (dba Tropicana)(9)(15)	First lien senior secured loan	S +	3.25%	1/2029	1,980	1,976	1,838	0.4	%
Sovos Brands Intermediate, Inc.(7)(9)	First lien senior secured loan	L +	3.50%	6/2028	20,724	20,686	20,465	4.9	%
					72,917	72,529	69,979	16.7	%
Healthcare equipment and services
Cadence, Inc.(15)	First lien senior secured loan	S +	5.00%	5/2025	26,300	26,097	25,480	6.1	%
Cadence, Inc.(10)(15)	First lien senior secured revolving loan	S +	5.00%	5/2026	2,202	2,106	2,133	0.5	%
Cadence, Inc.(10)(13)(15)	First lien senior secured revolving loan	S +	5.04%	5/2024	4,095	4,076	3,867	0.9	%
Confluent Medical Technologies, Inc.(15)	First lien senior secured loan	S +	3.75%	2/2029	4,938	4,917	4,863	1.2	%
Medline Intermediate, LP(9)(14)	First lien senior secured loan	S +	3.25%	10/2028	24,688	24,593	24,386	5.9	%
Packaging Coordinators Midco, Inc.(9)(15)	First lien senior secured loan	S +	3.50%	11/2027	4,912	4,903	4,834	1.2	%
					67,135	66,692	65,563	15.8	%
Healthcare providers and services
Confluent Health, LLC(14)	First lien senior secured loan	S +	4.00%	11/2028	24,715	24,616	23,109	5.5	%
Corgi Bidco, Inc.(9)(15)	First lien senior secured loan	S +	5.00%	10/2029	14,963	14,136	13,903	3.3	%
HAH Group Holding Company LLC(14)	First lien senior secured loan	S +	5.00%	10/2027	8,986	8,730	8,761	2.1	%
Phoenix Newco, Inc. (dba Parexel)(9)(14)	First lien senior secured loan	S +	3.25%	11/2028	27,156	27,048	26,912	6.5	%
Physician Partners, LLC(9)(14)	First lien senior secured loan	S +	4.00%	12/2028	9,875	9,792	9,258	2.2	%
					85,695	84,322	81,943	19.6	%

70

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of June 30, 2023 ($ in thousands) (Unaudited)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(3)	Fair Value	Percentage of Members' Equity
Healthcare technology
Athenahealth, Inc.(14)	First lien senior secured loan	S +	3.50%	2/2029	17,651	17,581	16,968	4.1	%
Athenahealth, Inc.(9)(10)(11)(12)(13)	First lien senior secured delayed draw term loan	S +	3.50%	8/2023	—	(3)	(73)	—	%
Bracket Intermediate Holding Corp. (15)	First lien senior secured loan	S +	5.00%	5/2028	19,999	19,415	19,600	4.7	%
Imprivata, Inc.(9)(14)	First lien senior secured loan	S +	4.25%	12/2027	19,800	19,207	19,493	4.7	%
PointClickCare Technologies Inc.(15)	First lien senior secured loan	S +	4.00%	12/2027	9,875	9,755	9,875	2.4	%
					67,325	65,955	65,863	15.9	%
Infrastructure and environmental services
CHA Holding, Inc.(15)	First lien senior secured loan	S +	4.50%	4/2025	40,062	39,937	39,661	9.4	%
					40,062	39,937	39,661	9.4	%
Insurance
Acrisure, LLC(9)(15)	First lien senior secured loan	S +	5.75%	2/2027	9,950	9,513	9,975	2.4	%
AssuredPartners, Inc.(9)(14)	First lien senior secured loan	S +	4.25%	2/2027	4,963	4,811	4,947	1.2	%
Asurion, LLC(7)(9)	First lien senior secured loan	L +	3.00%	11/2024	7,910	7,902	7,898	1.9	%
Broadstreet Partners, Inc.(9)(14)	First lien senior secured loan	S +	4.00%	1/2029	4,999	4,939	4,964	1.2	%
Integro Parent Inc.(15)	First lien senior secured loan	S +	12.25% (PIK)	10/2024	3,446	3,446	3,440	0.8	%
Integro Parent Inc.(10)(15)	First lien senior secured revolving loan	S +	4.50%	10/2024	694	694	693	0.2	%
Hyperion Refinance S.à r.l (dba Howden Group)(9)(14)	First lien senior secured loan	S +	5.10%	4/2030	19,950	19,174	19,850	4.8	%
					51,912	50,479	51,767	12.5	%
Internet software and services
Barracuda Networks, Inc.(9)(15)	First lien senior secured loan	S +	4.50%	8/2029	24,875	24,203	23,962	5.8	%
CDK Global, Inc.(9)(15)	First lien senior secured loan	S +	4.25%	7/2029	24,875	24,211	24,788	6.0	%
DCert Buyer, Inc. (dba DigiCert)(9)(15)	First lien senior secured loan	S +	4.00%	10/2026	21,880	21,819	21,654	5.2	%
Fortra, LLC (f/k/a Help/Systems Holdings, Inc.)(9)(15)	First lien senior secured loan	S +	4.00%	11/2026	14,771	14,697	13,442	3.2	%
					86,401	84,930	83,846	20.2	%
Manufacturing
Engineered Machinery Holdings (dba Duravant)(7)(9)	First lien senior secured loan	L +	3.50%	5/2028	34,474	34,344	33,758	8.1	%
Gloves Buyer, Inc. (dba Protective Industrial Products)(14)	First lien senior secured loan	S +	4.00%	12/2027	14,800	14,647	14,689	3.6	%
Pro Mach Group, Inc.(6)(9)	First lien senior secured loan	L +	4.00%	8/2028	24,632	24,535	24,551	5.9	%
					73,906	73,526	72,998	17.6	%
Professional Services
Apex Group Treasury, LLC(7)(9)	First lien senior secured loan	L +	3.75%	7/2028	32,520	32,426	32,030	7.6	%
Sovos Compliance, LLC(9)(14)	First lien senior secured loan	S +	4.50%	8/2028	25,390	25,256	24,448	5.9	%
					57,910	57,682	56,478	13.5	%

71

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of June 30, 2023 ($ in thousands) (Unaudited)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Telecommunications
EOS U.S. Finco LLC(14)	First lien senior secured loan	S +	6.00%	10/2029	9,609		9,011		9,417		2.3	%
EOS U.S. Finco LLC(10)	First lien senior secured loan	S +	6.00%	10/2029	—		(63)		—		—	%
Park Place Technologies, LLC(9)(14)	First lien senior secured loan	S +	5.00%	11/2027	14,811		14,406		14,362		3.4	%
					24,420		23,354		23,779		5.7	%
Transportation
Safe Fleet Holdings(14)	First lien senior secured loan	S +	5.00%	2/2029	14,850		14,454		14,850		3.6	%
					14,850		14,454		14,850		3.6	%
Total Debt Investments					$	1,139,146	$	1,123,643	$	1,098,219	263.7	%
Total Investments					$	1,139,146	$	1,123,643	$	1,098,219	263.7	%

_______________

(1)Certain portfolio company investments are subject to contractual restrictions on sales.

(2)Unless otherwise indicated, OBDC SLF’s investments are pledged as collateral supporting the amounts outstanding under OBDC SLF’s credit facility.

(3)The amortized cost represents the original cost adjusted for the amortization or accretion of premiums or discounts, as applicable, on debt investments using the effective interest method.

(4)Unless otherwise indicated, all investments are considered Level 3 investments.

(5)Unless otherwise indicated, loan contains a variable rate structure and may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the London Interbank Offered Rate (“LIBOR” or “L”) (which can include one-, two-, three- or six-month LIBOR), Secured Overnight Financing Rate ("SOFR" or "S," which can include one-, three- or six- month SOFR), or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.

(6)The interest rate on these loans is subject to 1 month LIBOR, which as of June 30, 2023 was 5.22%.

(7)The interest rate on these loans is subject to 3 month LIBOR, which as of June 30, 2023 was 5.55%.

(8)The interest rate on these loans is subject to 6 month LIBOR, which as of June 30, 2023 was 5.76%.

(9)Level 2 investment.

(10)Position or portion thereof is an unfunded loan commitment.

(11)The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

(12)The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

(13)Investment is not pledged as collateral under OBDC SLF’s credit facilities.

(14)The interest rate on these loans is subject to 1 month SOFR, which as of June 30, 2023 was 5.14%.

(15)The interest rate on these loans is subject to 3 month SOFR, which as of June 30, 2023 was 5.27%.

(16)The interest rate on these loans is subject to 6 month SOFR, which as of June 30, 2023 was 5.39%.

72

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of December 31, 2022 ($ in thousands)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Debt Investments
Aerospace and defense
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(7)	First lien senior secured loan	L +	6.00%	1/2025	$	34,111	$	33,956	$	33,305	10.1	%
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(7)(13)	First lien senior secured revolving loan	L +	6.00%	1/2025	3,000		2,995		2,928		0.9	%
Bleriot US Bidco Inc.(7)	First lien senior secured loan	L +	4.00%	10/2026	25,368		25,282		25,049		7.6	%
Dynasty Acquisition Co., Inc. (dba StandardAero Limited)(14)	First lien senior secured loan	S +	3.50%	4/2026	38,700		38,602		36,813		11.0	%
					101,179		100,835		98,095		29.6	%
Automotive
Holley, Inc.(7)(9)	First lien senior secured loan	L +	3.75%	11/2028	23,202		23,060		20,025		6.1	%
Mavis Tire Express Services Topco Corp. (9) (14)	First lien senior secured loan	S +	4.00%	5/2028	2,925		2,905		2,785		0.8	%
PAI Holdco, Inc.(7)	First lien senior secured loan	L +	3.75%	10/2027	9,887		9,767		8,700		2.6	%
					36,014		35,732		31,510		9.5	%
Buildings and Real estate
CoreLogic Inc. (6)(9)	First lien senior secured loan	L +	3.50%	6/2028	12,357		11,545		10,273		3.1	%
Wrench Group, LLC.(7)	First lien senior secured loan	L +	4.00%	4/2026	32,008		31,898		30,890		9.5	%
					44,365		43,443		41,163		12.6	%
Business Services
Capstone Acquisition Holdings, Inc. (6)	First lien senior secured loan	L +	4.75%	11/2027	4,953		4,916		4,941		1.5	%
Capstone Acquisition Holdings, Inc. (6)	First lien senior secured delayed draw term loan	L +	4.75%	11/2027	334		331		333		0.1	%
CoolSys, Inc.(7)	First lien senior secured loan	L +	4.75%	8/2028	13,932		13,817		11,250		3.4	%
CoolSys, Inc.(10)(11)(12)(13)	First lien senior secured delayed draw term loan	L +	4.75%	8/2023	—		(19)		(467)		—	%
ConnectWise, LLC(6)(9)	First lien senior secured loan	L +	3.50%	9/2028	16,830		16,759		15,951		4.8	%
LABL, Inc.(6)	First lien senior secured loan	L +	5.00%	10/2028	7,920		7,819		7,496		2.3	%
Packers Holdings, LLC(6)	First lien senior secured loan	L +	3.25%	3/2028	21,066		20,679		18,327		5.5	%
					65,035		64,302		57,831		17.6	%
Chemicals
Aruba Investments Holdings LLC (dba Angus Chemical Company)(6)	First lien senior secured loan	L +	3.75%	11/2027	15,874		15,525		15,398		4.7	%
					15,874		15,525		15,398		4.7	%
Consumer Products
Olaplex, Inc.(14)	First lien senior secured loan	S +	3.50%	2/2029	14,925		14,892		14,030		4.2	%
					14,925		14,892		14,030		4.2	%
Containers and Packaging
BW Holding, Inc.(15)	First lien senior secured loan	S +	4.00%	12/2028	12,197		11,971		11,221		3.4	%
Five Star Lower Holding LLC (16)	First lien senior secured loan	S +	4.25%	5/2029	21,820		21,540		21,275		6.4	%
Ring Container Technologies Group, LLC (dba Ring Container Technologies)(6)	First lien senior secured loan	L +	3.50%	8/2028	24,750		24,699		24,379		7.4	%
Valcour Packaging, LLC (8)	First lien senior secured loan	L +	3.75%	10/2028	6,948		6,927		6,218		1.9	%
					65,715		65,137		63,093		19.1	%

73

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of December 31, 2022 ($ in thousands)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(3)	Fair Value	Percentage of Members' Equity
Distribution
BCPE Empire Holdings, Inc. (dba Imperial-Dade) (9)(14)	First lien senior secured loan	S +	4.63%	6/2026	24,813	24,044	24,068	7.3	%
Dealer Tire, LLC(14)	First lien senior secured loan	S +	4.50%	12/2025	35,982	35,091	35,563	10.7	%
SRS Distribution, Inc.(7)	First lien senior secured loan	L +	3.50%	6/2028	9,875	9,816	9,431	2.9	%
					70,670	68,951	69,062	20.9	%
Education
Spring Education Group, Inc. (fka SSH Group Holdings, Inc.)(7)	First lien senior secured loan	L +	4.00%	7/2025	33,512	33,470	32,646	9.9	%
Sophia, L.P. (14)	First lien senior secured loan	S +	4.25%	10/2027	19,900	19,723	19,850	6.0	%
					53,412	53,193	52,496	15.9	%
Food and beverage
Balrog Acquisition, Inc. (dba Bakemark)(7)	First lien senior secured loan	L +	4.00%	9/2028	24,750	24,533	24,193	7.3	%
Dessert Holdings(7)	First lien senior secured loan	L +	4.00%	6/2028	25,718	25,560	23,789	7.2	%
Eagle Parent Corp.(9)(15)	First lien senior secured loan	S +	4.25%	4/2029	2,722	2,661	2,668	0.8	%
Naked Juice LLC (dba Tropicana)(9)(15)	First lien senior secured loan	S +	3.25%	1/2029	1,990	1,986	1,775	0.5	%
Sovos Brands Intermediate, Inc.(7)(9)	First lien senior secured loan	L +	3.50%	6/2028	20,724	20,683	20,138	6.1	%
					75,904	75,423	72,563	21.9	%
Healthcare equipment and services
Cadence, Inc.(6)	First lien senior secured loan	L +	5.00%	5/2025	28,640	28,277	27,793	8.4	%
Cadence, Inc.(6)(10)(13)	First lien senior secured revolving loan	L +	5.00%	5/2024	2,921	2,892	2,704	0.8	%
Confluent Medical Technologies, Inc.(15)	First lien senior secured loan	S +	3.75%	2/2029	4,963	4,940	4,702	1.4	%
Medline Intermediate, LP(6)(9)	First lien senior secured loan	L +	3.25%	10/2028	24,813	24,710	23,547	7.1	%
Packaging Coordinators Midco, Inc.(7)(9)	First lien senior secured loan	L +	3.50%	11/2027	4,937	4,927	4,672	1.4	%
					66,274	65,746	63,418	19.1	%
Healthcare providers and services
Confluent Health, LLC(6)	First lien senior secured loan	L +	4.00%	11/2028	20,419	20,331	20,011	6.1	%
Confluent Health, LLC(6)(10)(12)(13)	First lien senior secured delayed draw term loan	L +	4.00%	11/2023	2,514	2,496	2,426	0.7	%
Corgi Bidco, Inc.(9)(15)	First lien senior secured loan	S +	5.00%	10/2029	15,000	14,126	14,018	4.2	%
Phoenix Newco, Inc. (dba Parexel)(6)(9)	First lien senior secured loan	L +	3.25%	11/2028	27,294	27,177	26,240	7.9	%
Physician Partners, LLC(9)(14)	First lien senior secured loan	S +	4.00%	12/2028	9,925	9,836	9,434	2.9	%
					75,152	73,966	72,129	21.8	%
Healthcare technology
Athenahealth, Inc.(9)(14)	First lien senior secured loan	S +	3.50%	2/2029	17,741	17,665	15,974	4.8	%
Athenahealth, Inc.(9)(10)(11)(12)(13)(14)	First lien senior secured delayed draw term loan	S +	3.50%	8/2023	—	(4)	(206)	—	%
Imprivata, Inc.(14)	First lien senior secured loan	S +	4.25%	12/2027	19,900	19,305	19,154	5.8	%
PointClickCare Technologies Inc.(15)	First lien senior secured loan	S +	4.00%	12/2027	9,925	9,794	9,751	3.0	%
					47,566	46,760	44,673	13.6	%

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Notes to Consolidated Financial Statements (Unaudited) - Continued

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of December 31, 2022 ($ in thousands)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Infrastructure and environmental services
CHA Holding, Inc.(7)	First lien senior secured loan	L +	4.50%	4/2025	40,272		40,115		39,466		11.9	%
					40,272		40,115		39,466		11.9	%
Insurance
Acrisure, LLC(15)	First lien senior secured loan	S +	5.75%	2/2027	10,000		9,513		9,900		3.0	%
AssuredPartners, Inc.(6)	First lien senior secured loan	L +	4.25%	2/2027	4,988		4,822		4,875		1.5	%
Integro Parent Inc.(15)	First lien senior secured loan	S +	10.25%	10/2024	3,649		3,648		3,638		1.1	%
Integro Parent Inc.(15)	First lien senior secured revolving loan	S +	10.25%	10/2024	736		736		733		0.2	%
					19,373		18,719		19,146		5.8	%
Internet software and services
Barracuda Networks, Inc. (15)	First lien senior secured loan	S +	4.50%	8/2029	25,000		24,282		24,063		7.3	%
CDK Global, Inc.(9)(15)	First lien senior secured loan	S +	4.50%	7/2029	25,000		24,292		24,745		7.5	%
DCert Buyer, Inc. (dba DigiCert)(9)(16)	First lien senior secured loan	S +	4.00%	10/2026	21,993		21,925		21,214		6.4	%
Help/Systems Holdings, Inc.(15)	First lien senior secured loan	S +	4.00%	11/2026	14,847		14,773		13,325		4.0	%
					86,840		85,272		83,347		25.2	%
Manufacturing
Engineered Machinery Holdings (dba Duravant)(7)	First lien senior secured loan	L +	3.75%	5/2028	34,649		34,508		33,483		10.1	%
Gloves Buyer, Inc. (dba Protective Industrial Products)(6)	First lien senior secured loan	L +	4.00%	12/2027	14,875		14,706		14,763		4.7	%
Pro Mach Group, Inc.(6)(9)	First lien senior secured loan	L +	4.00%	8/2028	24,757		24,652		24,039		7.3	%
					74,281		73,866		72,285		22.1	%
Professional Services
Apex Group Treasury, LLC(7)(9)	First lien senior secured loan	L +	3.75%	7/2028	32,685		32,584		31,050		9.4	%
Sovos Compliance, LLC(6)	First lien senior secured loan	L +	4.50%	8/2028	25,518		25,374		23,477		7.1	%
					58,203		57,958		54,527		16.5	%
Telecommunications
ETC Group(15)	First lien senior secured loan	S +	6.00%	10/2029	5,000		4,609		4,763		1.4	%
Park Place Technologies, LLC(9) (14)	First lien senior secured loan	S +	5.00%	11/2027	14,886		14,443		13,987		4.2	%
					19,886		19,052		18,750		5.6	%
Transportation
Safe Fleet Holdings(14)	First lien senior secured loan	S +	5.00%	2/2029	14,925		14,501		14,403		4.4	%
					14,925		14,501		14,403		4.4	%
Total Debt Investments					$	1,045,865	$	1,033,388	$	997,385	302.0	%
Total Investments					$	1,045,865	$	1,033,388	$	997,385	302.0	%

_______________

(1)Certain portfolio company investments are subject to contractual restrictions on sales.

(2)Unless otherwise indicated, OBDC SLF’s investments are pledged as collateral supporting the amounts outstanding under OBDC SLF’s credit facility.

(3)The amortized cost represents the original cost adjusted for the amortization or accretion of premiums or discounts, as applicable, on debt investments using the effective interest method.

(4)Unless otherwise indicated, all investments are considered Level 3 investments.

(5)Unless otherwise indicated, loan contains a variable rate structure and may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the London Interbank Offered Rate (“LIBOR” or “L”) (which can include

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Notes to Consolidated Financial Statements (Unaudited) - Continued

one-, two-, three- or six-month LIBOR), Secured Overnight Financing Rate ("SOFR" or "S," which can include one-, three- or six- month SOFR), or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.

(6)The interest rate on these loans is subject to 1 month LIBOR, which as of December 31, 2022 was 4.39%.

(7)The interest rate on these loans is subject to 3 month LIBOR, which as of December 31, 2022 was 4.77%.

(8)The interest rate on these loans is subject to 6 month LIBOR, which as of December 31, 2022 was 5.14%.

(9)Level 2 investment.

(10)Position or portion thereof is an unfunded loan commitment.

(11)The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

(12)The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

(13)Investment is not pledged as collateral under OBDC SLF’s credit facilities.

(14)The interest rate on these loans is subject to 1 month SOFR, which as of December 31, 2022 was 4.36%.

(15)The interest rate on these loans is subject to 3 month SOFR, which as of December 31, 2022 was 4.59%.

(16)The interest rate on these loans is subject to 6 month SOFR, which as of December 31, 2022 was 4.78%.

76

The table below presents selected balance sheet information for OBDC SLF as of the following periods:

($ in thousands)	June 30, 2023 (Unaudited)		December 31, 2022
Assets
Investments at fair value (amortized cost of $1,123,643 and $1,033,388, respectively)	$	1,098,219	$	997,385
Cash	48,187		27,914
Interest receivable	7,230		3,920
Prepaid expenses and other assets	4,736		6,108
Total Assets	$	1,158,372	$	1,035,327
Liabilities
Debt (net of unamortized debt issuance costs of $5,564 and $6,117, respectively)	$	712,319	$	685,265
Distributions payable	11,900		11,095
Payable for investments purchased	6,603		—
Accrued expenses and other liabilities	11,061		8,703
Total Liabilities	$	741,883	$	705,063
Members' Equity
Members' Equity	416,489		330,264
Members' Equity	416,489		330,264
Total Liabilities and Members' Equity	$	1,158,372	$	1,035,327

The table below presents selected statement of operations information for OBDC SLF for the following periods:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
($ in thousands)	2023		2022		2023		2022
Investment Income
Interest income	$	26,866	$	12,730	$	50,509	$	22,742
Other income	66		1,009		130		1,221
Total Investment Income	26,932		13,739		50,639		23,963
Expenses
Interest expense	12,737		4,816		24,056		7,546
Professional fees	246		198		488		476
Total Expenses	12,983		5,014		24,544		8,022
Net Investment Income Before Taxes	13,949		8,725		26,095		15,941
Tax expense (benefit)	482		(722)		1,191		(621)
Net Investment Income After Taxes	$	13,467	$	9,447	$	24,904	$	16,562
Net Realized and Change in Unrealized Gain (Loss) on Investments
Net change in unrealized gain (loss) on investments	1,903		(29,977)		10,578		(34,209)
Net realized gain on investments	(1,668)		1		(1,645)		20
Total Net Realized and Change in Unrealized Gain (Loss) on Investments	235		(29,976)		8,933		(34,189)
Net Increase in Members' Equity Resulting from Operations	$	13,702	$	(20,529)	$	33,837	$	(17,627)

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Notes to Consolidated Financial Statements (Unaudited) - Continued

Note 5. Fair Value of Investments

Investments

The tables below present the fair value hierarchy of investments as of the following periods:

	Fair Value Hierarchy as of June 30, 2023
($ in thousands)	Level 1		Level 2		Level 3		Total
First-lien senior secured debt investments	$	—	$	12,925	$	8,885,986	$	8,898,911
Second-lien senior secured debt investments	—		119,356		1,703,509		1,822,865
Unsecured debt investments	—		10,970		262,402		273,372
Preferred equity investments(3)	—		—		400,625		400,625
Common equity investments(1)	1,411		—		1,131,331		1,132,742
Subtotal	$	1,411	$	143,251	$	12,383,853	$	12,528,515
Investments measured at NAV(2)	—		—		—		364,428
Total Investments at fair value	$	1,411	$	143,251	$	12,383,853	$	12,892,943

_______________

(1)Includes equity investment in Wingspire, Amergin AssetCo, and Fifth Season.

(2)Includes equity investment in OBDC SLF.

(3)Includes equity investment in LSI Financing.

	Fair Value Hierarchy as of December 31, 2022
($ in thousands)	Level 1		Level 2		Level 3		Total
First-lien senior secured debt investments	$	—	$	—	$	9,279,179	$	9,279,179
Second-lien senior secured debt investments	—		43,692		1,817,286		1,860,978
Unsecured debt investments	—		10,579		237,440		248,019
Preferred equity investments	—		—		355,261		355,261
Common equity investments(1)	816		—		977,111		977,927
Subtotal	$	816	$	54,271	$	12,666,277	$	12,721,364
Investments measured at NAV(2)	—		—		—		288,981
Total Investments at fair value	$	816	$	54,271	$	12,666,277	$	13,010,345

_______________

(1)Includes equity investment in Wingspire.

(2)Includes equity investment in OBDC SLF.

The tables below present the changes in the fair value of investments for which Level 3 inputs were used to determine the fair value as of and for the following periods:

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Notes to Consolidated Financial Statements (Unaudited) - Continued

	As of and for the Three Months Ended June 30, 2023
($ in thousands)	First-lien senior secured debt investments		Second-lien senior secured debt investments		Unsecured debt investments		Preferred equity investments		Common equity investments		Total
Fair value, beginning of period	$	9,276,243	$	1,761,897	$	262,191	$	388,592	$	1,054,731	$	12,743,654
Purchases of investments, net	219,212		—		—		1,990		61,122		282,324
Payment-in-kind	42,671		3,924		5,259		10,094		179		62,127
Proceeds from investments, net	(643,017)		(35,851)		—		(1,589)		—		(680,457)
Net change in unrealized gain (loss)	(4,404)		(1,025)		5,707		1,302		15,299		16,879
Net realized gains (losses)	118		—		—		—		—		118
Net amortization/accretion of discount/premium on investments	8,168		1,126		115		236		—		9,645
Transfers between investment types	—		—		—		—		—		—
Transfers into (out of) Level 3(1)	(13,005)		(26,562)		(10,870)		—		—		(50,437)
Fair value, end of period	$	8,885,986	$	1,703,509	$	262,402	$	400,625	$	1,131,331	$	12,383,853

_______________

(1)Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the period ended June 30, 2023, transfers out of Level 3 into Level 2 were a result of changes in the observability of significant inputs for certain portfolio companies.

	As of and for the Six Months Ended June 30, 2023
($ in thousands)	First-lien senior secured debt investments		Second-lien senior secured debt investments		Unsecured debt investments		Preferred equity investments		Common equity investments		Total
Fair value, beginning of period	$	9,279,179	$	1,817,286	$	237,440	$	355,261	$	977,111	$	12,666,277
Purchases of investments, net	365,149		(10)		—		21,921		98,375		485,435
Payment-in-kind	70,253		7,715		13,458		21,072		342		112,840
Proceeds from investments, net	(784,653)		(55,050)		(193)		(1,590)		(12,400)		(853,886)
Net change in unrealized gain (loss)	53,988		5,002		11,491		3,538		20,084		94,103
Net realized gains (losses)	(52,365)		—		(23)		—		—		(52,388)
Net amortization/accretion of discount/premium on investments	15,625		2,051		229		471		—		18,376
Transfers between investment types	(47,819)		—		—		—		47,819		—
Transfers into (out of) Level 3(1)	(13,371)		(73,485)		—		(48)		—		(86,904)
Fair value, end of period	$	8,885,986	$	1,703,509	$	262,402	$	400,625	$	1,131,331	$	12,383,853

_______________

(1)Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the period ended June 30, 2023, transfers out of Level 3 into Level 2 were a result of changes in the observability of significant inputs for certain portfolio companies.

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Notes to Consolidated Financial Statements (Unaudited) - Continued

	As of and for the Three Months Ended June 30, 2022
($ in thousands)	First-lien senior secured debt investments		Second-lien senior secured debt investments		Unsecured debt investments		Preferred equity investments		Common equity investments		Total
Fair value, beginning of period	$	9,435,175	$	1,780,538	$	266,195	$	238,998	$	645,507	$	12,366,413
Purchases of investments, net	1,625,590		193,947		19,849		66,943		98,329		2,004,658
Payment-in-kind	27,417		3,307		2,916		5,845		155		39,640
Proceeds from investments, net	(1,773,839)		(193,072)		—		—		(25,753)		(1,992,664)
Net change in unrealized gain (loss)	(81,700)		(56,130)		(19,295)		(15,197)		12,088		(160,234)
Net realized gains (losses)	(49)		—		—		—		—		(49)
Net amortization of discount on investments	10,094		844		87		177		—		11,202
Transfers into (out of) Level 3(1)	—		34,545		—		—		—		34,545
Fair value, end of period	$	9,242,688	$	1,763,979	$	269,752	$	296,766	$	730,326	$	12,303,511

_______________

(1)Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the three months ended June 30, 2022, transfers in to and out of Level 3 into Level 2 were a result of changes in the observability of significant inputs for certain portfolio companies.

	As of and for the Six Months Ended June 30, 2022
($ in thousands)	First-lien senior secured debt investments		Second-lien senior secured debt investments		Unsecured debt investments		Preferred equity investments		Common equity investments		Total
Fair value, beginning of period	$	9,539,774	$	1,921,447	$	196,485	$	260,869	$	571,616	$	12,490,191
Purchases of investments, net	2,924,093		300,964		89,239		73,940		279,427		3,667,663
Payment-in-kind	44,953		5,741		8,778		9,431		308		69,211
Proceeds from investments, net	(3,152,864)		(324,109)		—		(33,693)		(128,731)		(3,639,397)
Net change in unrealized gain (loss)	(133,211)		(75,265)		(24,942)		(19,229)		7,706		(244,941)
Net realized gains (losses)	176		—		—		4,482		—		4,658
Net amortization of discount on investments	20,281		1,966		192		966		—		23,405
Transfers into (out of) Level 3(1)	(514)		(66,765)		—		—		—		(67,279)
Fair value, end of period	$	9,242,688	$	1,763,979	$	269,752	$	296,766	$	730,326	$	12,303,511

_______________

(1)Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the six months ended June 30, 2022, transfers in to and out of Level 3 into Level 2 were a result of changes in the observability of significant inputs for certain portfolio companies.

80

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

The table below presents the net change in unrealized gains on investments for which Level 3 inputs were used in determining the fair value that are still held by the Company for the following periods:

	Net change in unrealized gain (loss) for the Three Months Ended June 30, 2023 on Investments Held at June 30, 2023		Net change in unrealized gain (loss) for the Three Months Ended June 30, 2022 on Investments Held at June 30, 2022
First-lien senior secured debt investments	$	(2,231)	$	(75,853)
Second-lien senior secured debt investments	(1,139)		(53,333)
Unsecured debt investments	5,707		(19,293)
Preferred equity investments	1,302		(15,197)
Common equity investments	15,298		12,090
Total Investments	$	18,937	$	(151,586)

	Net change in unrealized gain (loss) for the Six Months Ended June 30, 2023 on Investments Held at June 30, 2023		Net change in unrealized gain (loss) for the Six Months Ended June 30, 2022 on Investments Held at June 30, 2022
First-lien senior secured debt investments	$	6,169	$	(126,594)
Second-lien senior secured debt investments	5,001		(72,553)
Unsecured debt investments	11,491		(24,942)
Preferred equity investments	3,538		(18,970)
Common equity investments	67,902		2,434
Total Investments	$	94,101	$	(240,625)

81

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

The following tables present quantitative information about the significant unobservable inputs of the Company’s Level 3 investments as of the following periods. The weighted average range of unobservable inputs is based on fair value of investments. The tables are not intended to be all-inclusive but instead capture the significant unobservable inputs relevant to the Company’s determination of fair value.

	As of June 30, 2023
($ in thousands)	Fair Value		Valuation Technique	Unobservable Input	(Range) Weighted Average	Impact to Valuation from an Increase in Input
First-lien senior secured debt investments	$	7,864,981	Yield Analysis	Market Yield	(9.1% - 27.2%) 13.3%	Decrease
	962,123		Recent Transaction	Transaction Price	(97.0% - 99.5%) 99.1%	Increase
	58,882		Collateral Analysis	Recovery Rate	(57.0% - 87.0%) 85.0%	Increase
Second-lien senior secured debt investments	$	1,697,460	Yield Analysis	Market Yield	(12.8% - 28.0%) 15.9%	Decrease
	6,049		Collateral Analysis	Recovery Rate	(9.5% - 9.5%) 9.5%	Increase
Unsecured debt investments	$	256,630	Yield Analysis	Market Yield	(11.5% - 20.9%) 13.5%	Decrease
	5,772		Market Approach	EBITDA Multiple	(13.0x - 13.0x) 13.0x	Increase
Preferred equity investments	$	380,954	Yield Analysis	Market Yield	(11.5% - 26.2%) 15.6%	Decrease
	19,626		Recent Transaction	Transaction Price	(100.0% - 100.0%) 100.0%	Increase
	45		Market Approach	EBITDA Multiple	(11.3x - 11.3x) 11.3x	Increase
Common equity investments	$	945,040	Market Approach	EBITDA Multiple	(1.3x - 20.3x) 4.7x	Increase
	34,705		Market Approach	Revenue	(1.0x - 15.8x) 10.8x	Increase
	147,138		Recent Transaction	Transaction Price	(100.0% - 131.1%) 100.3%	Increase
	4,310		Market Approach	Transaction Price	($77.00 - $77.00) $77.00	Increase
	138		Market Approach	Gross Profit	(10.0x - 10.0x) 10.0x	Increase

82

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

	As of December 31, 2022
($ in thousands)	Fair Value		Valuation Technique	Unobservable Input	Range (Weighted Average)	Impact to Valuation from an Increase in Input
First-lien senior secured debt investments	$	9,148,610	Yield Analysis	Market Yield	(8.2% - 42.0%) 13.1%	Decrease
	86,606		Recent Transaction	Transaction Price	(97.5% - 99.0%) 97.8%	Increase
	43,963		Collateral Analysis	Recovery Rate	(51.0% - 51.0%) 51.0%	Increase
Second-lien senior secured debt investments	$	1,806,340	Yield Analysis	Market Yield	(12.6% - 21.0%) 16.0%	Decrease
	6,048		Collateral Analysis	Recovery Rate	(9.5% - 9.5%) 9.5%	Increase
	4,898		Recent Transaction	Transaction Price	(98.0% - 98.0%) 98.0%	Increase
Unsecured debt investments	$	232,280	Yield Analysis	Market Yield	(10.4% - 20.2%) 12.4%	Decrease
	5,160		Market Approach	EBITDA Multiple	(14.3x - 14.3x) 14.3x	Increase
Preferred equity investments	$	339,821	Yield Analysis	Market Yield	(11.9% - 17.9%) 14.1%	Decrease
	15,395		Recent Transaction	Transaction Price	(96.5% - 100.0%) 97.9%	Increase
	45		Market Approach	EBITDA Multiple	(11.5x - 11.5x) 11.5x	Increase
Common equity investments	$	848,356	Market Approach	EBITDA Multiple	(1.2x - 23.3x) 5.5x	Increase
	25,241		Market Approach	Revenue	(0.8x - 16.6x) 12.2x	Increase
	99,210		Recent Transaction	Transaction Price	(100% - 100%) 100%	Increase
	4,215		Market Approach	Transaction Price	($75.31 - $75.31) $75.31	Increase
	89		Market Approach	Gross Profit	(8.5x - 8.5x) 8.5x	Increase

The Company typically determines the fair value of its performing Level 3 debt investments utilizing a yield analysis. In a yield analysis, a price is ascribed for each investment based upon an assessment of current and expected market yields for similar investments and risk profiles. Additional consideration is given to the expected life, portfolio company performance since close, and other terms and risks associated with an investment. Among other factors, a determinant of risk is the amount of leverage used by the portfolio company relative to its total enterprise value, and the rights and remedies of the Company’s investment within the portfolio company’s capital structure.

When the debtor is not performing or when there is insufficient value to cover the investment, the Company may utilize a net recovery approach to determine the fair value of debt investments in subject companies. A net recovery analysis typically consists of two steps. First, the total enterprise value for the subject company is estimated using standard valuation approaches, most commonly the market approach. Second, the fair value for each investment in the subject company is then estimated by allocating the subject company’s total enterprise value to the outstanding securities in the capital structure based upon various factors, including seniority, preferences, and other features if deemed relevant to each security in the capital structure.

Significant unobservable quantitative inputs typically used in the fair value measurement of the Company’s Level 3 debt investments primarily include current market yields, including relevant market indices, but may also include quotes from brokers, dealers, and pricing services as indicated by comparable investments. For the Company’s Level 3 equity investments, a market approach, based on comparable publicly-traded company and comparable market transaction multiples of revenues, earnings before income taxes, depreciation and amortization (“EBITDA”) or some combination thereof and comparable market transactions typically would be used.

83

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Debt Not Carried at Fair Value

Fair value is estimated by discounting remaining payments using applicable current market rates, which take into account changes in the Company’s marketplace credit ratings, or market quotes, if available. The table below presents the carrying and fair values of the Company’s debt obligations as of the following periods:

	June 30, 2023				December 31, 2022
($ in thousands)	Net Carrying Value(1)		Fair Value		Net Carrying Value(2)		Fair Value
Revolving Credit Facility	$	377,237	$	377,237	$	542,453	$	542,453
SPV Asset Facility II	135,524		135,524		245,368		245,368
SPV Asset Facility III	—		—		249,372		249,372
CLO I	387,487		387,487		387,321		387,321
CLO II	257,347		257,347		257,206		257,206
CLO III	258,207		258,207		258,145		258,145
CLO IV	287,987		287,987		287,777		287,777
CLO V	506,889		506,889		506,792		506,792
CLO VI	258,325		258,325		258,271		258,271
CLO VII	237,238		237,238		237,155		237,155
CLO X	258,072		258,072		—		—
2024 Notes	388,496		395,000		384,851		395,000
2025 Notes	422,050		399,500		421,242		399,500
July 2025 Notes	496,222		462,500		495,347		462,500
2026 Notes	494,232		462,500		493,162		461,250
July 2026 Notes	985,271		887,500		982,993		875,000
2027 Notes	439,434		425,000		438,332		412,500
2028 Notes	837,158		692,750		835,957		673,625
Total Debt	$	7,027,176	$	6,689,063	$	7,281,744	$	6,909,235

_______________

(1)The carrying value of the Company’s Revolving Credit Facility, SPV Asset Facility II, CLO I, CLO II, CLO III, CLO IV, CLO V, CLO VI, CLO VII, CLO X, 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes are presented net of deferred financing costs of $12.9 million, $4.5 million, $2.5 million, $2.7 million, $1.8 million, $4.5 million, $2.7 million, $1.7 million, $1.9 million, $1.9 million, $1.8 million, $3.0 million, $3.8 million, $5.8 million, $14.7 million, $7.0 million and $12.8 million, respectively.

(2)The carrying value of the Company’s Revolving Credit Facility, SPV Asset Facility II, SPV Asset Facility III, CLO I, CLO II, CLO III, CLO IV, CLO V, CLO VI, CLO VII, 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes are presented net of deferred financing costs of $14.7 million, $4.6 million, $0.6 million, $2.7 million, $2.8 million, $1.9 million, $4.7 million, $2.8 million, $1.7 million, $2.0 million, $2.9 million, $3.8 million, $4.7 million, $6.8 million, $17.0 million, $7.9 million and $14.0 million, respectively.

The below table presents the fair value measurements of the Company’s debt obligations as of the following periods:

($ in thousands)	June 30, 2023		December 31, 2022
Level 1	$	—	$	—
Level 2	3,724,750		3,679,375
Level 3	2,964,313		3,229,860
Total Debt	$	6,689,063	$	6,909,235

Financial Instruments Not Carried at Fair Value

As of June 30, 2023 and December 31, 2022, the carrying amounts of the Company’s assets and liabilities, other than investments at fair value and debt, approximate fair value due to their short maturities.

84

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Note 6. Debt

In accordance with the 1940 Act, with certain limitations, the Company is allowed to borrow amounts such that its asset coverage, as defined in the 1940 Act, is at least 150%. As of June 30, 2023 and December 31, 2022, the Company’s asset coverage was 183% and 179%, respectively.

The below tables present the debt obligations for the following periods:

	June 30, 2023
($ in thousands)	Aggregate Principal Committed		Outstanding Principal		Amount Available(1)		Net Carrying Value(2)
Revolving Credit Facility(3)(5)	$	1,795,000	$	390,175	$	1,359,048	$	377,237
SPV Asset Facility II	250,000		140,000		110,000		135,524
CLO I	390,000		390,000		—		387,487
CLO II	260,000		260,000		—		257,347
CLO III	260,000		260,000		—		258,207
CLO IV	292,500		292,500		—		287,987
CLO V	509,625		509,625		—		506,889
CLO VI	260,000		260,000		—		258,325
CLO VII	239,150		239,150		—		237,238
CLO X	260,000		260,000		—		258,072
2024 Notes(4)	400,000		400,000		—		388,496
2025 Notes	425,000		425,000		—		422,050
July 2025 Notes	500,000		500,000		—		496,222
2026 Notes	500,000		500,000		—		494,232
July 2026 Notes	1,000,000		1,000,000		—		985,271
2027 Notes(4)	500,000		500,000		—		439,434
2028 Notes	850,000		850,000		—		837,158
Total Debt	$	8,691,275	$	7,176,450	$	1,469,048	$	7,027,176

______________

(1)The amount available reflects any collateral related limitations at the Company level related to each credit facility’s borrowing base.

(2)The carrying value of the Company’s Revolving Credit Facility, SPV Asset Facility II, CLO I, CLO II, CLO III, CLO IV, CLO V, CLO VI, CLO VII, CLO X, 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes are presented net of deferred financing costs of $12.9 million, $4.5 million, $2.5 million, $2.7 million, $1.8 million, $4.5 million, $2.7 million, $1.7 million, $1.9 million, $1.9 million, $1.8 million, $3.0 million, $3.8 million, $5.8 million, $14.7 million, $7.0 million and $12.8 million respectively.

(3)Includes the unrealized translation gain (loss) on borrowings denominated in foreign currencies.

(4)Inclusive of change in fair market value of effective hedge.

(5)The amount available is reduced by $45.8 million of outstanding letters of credit.

85

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

	December 31, 2022
($ in thousands)	Aggregate Principal Committed		Outstanding Principal		Amount Available(1)		Net Carrying Value(2)
Revolving Credit Facility(3)(5)	$	1,855,000	$	557,144	$	1,253,057	$	542,453
SPV Asset Facility II	350,000		250,000		100,000		245,368
SPV Asset Facility III	250,000		250,000		—		249,372
CLO I	390,000		390,000		—		387,321
CLO II	260,000		260,000		—		257,206
CLO III	260,000		260,000		—		258,145
CLO IV	292,500		292,500		—		287,777
CLO V	509,625		509,625		—		506,792
CLO VI	260,000		260,000		—		258,271
CLO VII	239,150		239,150		—		237,155
2024 Notes(4)	400,000		400,000		—		384,851
2025 Notes	425,000		425,000		—		421,242
July 2025 Notes	500,000		500,000		—		495,347
2026 Notes	500,000		500,000		—		493,162
July 2026 Notes	1,000,000		1,000,000		—		982,993
2027 Notes(4)	500,000		500,000		—		438,332
2028 Notes	850,000		850,000		—		835,957
Total Debt	$	8,841,275	$	7,443,419	$	1,353,057	$	7,281,744

______________

(1)The amount available reflects any limitations related to each credit facility’s borrowing base.

(2)The carrying value of the Company’s Revolving Credit Facility, SPV Asset Facility II, SPV Asset Facility III, CLO I, CLO II, CLO III, CLO IV, CLO V, CLO VI, CLO VII, 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes are presented net of deferred financing costs of $14.7 million, $4.6 million, $0.6 million, $2.7 million, $2.8 million, $1.9 million, $4.7 million, $2.8 million, $1.7 million, $2.0 million, $2.9 million, $3.8 million, $4.7 million, $6.8 million, $17.0 million, $7.9 million and $14.0 million respectively.

(3)Includes the unrealized translation gain (loss) on borrowings denominated in foreign currencies.

(4)Inclusive of change in fair market value of effective hedge.

(5)The amount available is reduced by $44.8 million of outstanding letters of credit.

The table below presents the components of interest expense for the following periods:

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
($ in thousands)	2023			2022			2023			2022
Interest expense	$	102,141		$	58,185		$	200,468		$	110,832
Amortization of debt issuance costs	7,562			8,697			14,426			14,807
Net change in unrealized gain (loss) on effective interest rate swaps and hedged items(1)	314			465			(922)			3,087
Total Interest Expense	$	110,017		$	67,347		$	213,972		$	128,726
Average interest rate	5.4		%	3.2		%	5.3		%	3.1		%
Average daily borrowings	$	7,432,693		$	7,131,423		$	7,464,970		$	7,141,675

______________

(1)Refer to the 2023 Notes, 2024 Notes and 2027 Notes for details on each facility’s interest rate swap.

86

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Credit Facilities

The Company’s credit facilities contain customary covenants, including certain limitations on the incurrence by us of additional indebtedness and on our ability to make distributions to our shareholders, or redeem, repurchase or retire shares of stock, upon the occurrence of certain events, and customary events of default (with customary cure and notice provisions).

Description of Facilities

Revolving Credit Facility

On August 26, 2022, the Company entered into an Amended and Restated Senior Secured Revolving Credit Agreement (the “Revolving Credit Facility”), which amends and restates in its entirety that certain Senior Secured Revolving Credit Agreement, dated as of February 1, 2017 (as amended, restated, supplemented or otherwise modified prior to August 26, 2022). The parties to the Revolving Credit Facility include the Company, as Borrower, the lenders from time to time parties thereto (each a “Revolving Credit Lender” and collectively, the “Revolving Credit Lenders”) and Truist Bank, as Administrative Agent.

The Revolving Credit Facility is guaranteed by certain domestic subsidiaries of the Company in existence as of the closing date of the Revolving Credit Facility, and will be guaranteed by certain domestic subsidiaries of the Company that are formed or acquired by the Company in the future (collectively, the “Guarantors”). Proceeds of the Revolving Credit Facility may be used for general corporate purposes, including the funding of portfolio investments.

The maximum principal amount of the Revolving Credit Facility is $1.8 billion (decreased from $1.86 billion on April 4, 2023), subject to availability under the borrowing base, which is based on the Company’s portfolio investments and other outstanding indebtedness. Maximum capacity under the Revolving Credit Facility may be increased to $2.8 billion through the Company’s exercise of an uncommitted accordion feature through which existing and new lenders may, at their option, agree to provide additional financing. The Revolving Credit Facility includes a $200 million limit for swingline loans and is secured by a perfected first-priority interest in substantially all of the portfolio investments held by the Company and each Guarantor, subject to certain exceptions.

The availability period under the Revolving Credit Facility terminated on March 31, 2023, with respect to $60 million of commitments, and will terminate on September 3, 2024, with respect to $15 million of commitments (together, the "Non-Extending Commitments"), and on August 26, 2026, with respect to the remaining commitments (such remaining commitments, the "Extending Commitments") (together, the “Revolving Credit Facility Commitment Termination Date”). The Revolving Credit Facility will mature on September 3, 2025, with respect to $15 million of commitments, and on August 26, 2027, with respect to the remaining commitments (together, the “Revolving Credit Facility Maturity Date”). During the period from the earliest Revolving Credit Facility Commitment Termination Date to the final Revolving Credit Facility Maturity Date, the Company will be obligated to make mandatory prepayments under the Revolving Credit Facility out of the proceeds of certain asset sales and other recovery events and equity and debt issuances.

The Company may borrow amounts in U.S. dollars or certain other permitted currencies. Amounts drawn under the Revolving Credit Facility with respect to the Extending Commitments in U.S. dollars will bear interest at either (i) term SOFR plus any applicable credit adjustment spread plus margin of either 1.875% per annum or, if the gross borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 1.75% per annum or (ii) the alternative base rate plus margin of either 0.875% per annum or, if the gross borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 0.75% per annum. Amounts drawn under the Revolving Credit Facility with respect to the Non-Extending Commitments in U.S. Dollars will bear interest at either (i) term SOFR plus any applicable credit adjustment spread plus margin of 2.00% per annum or (ii) the alternative base rate plus margin of 1.00% per annum. With respect to loans denominated in U.S. dollars, the Company may elect either term SOFR or the alternative base rate at the time of drawdown, and such loans may be converted from one rate to another at any time at the Company’s option, subject to certain conditions. Amounts drawn under the Revolving Credit Facility with respect to the Extending Commitments in other permitted currencies will bear interest at the relevant rate specified therein (including any applicable credit adjustment spread) plus margin of either 1.875% per annum or, if the gross borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 1.75% per annum. Amounts drawn under the Revolving Credit Facility with respect to the Non-Extending Commitments in other permitted currencies will bear interest at the relevant rate specified therein (including any applicable credit adjustment spread) plus margin of 2.00% per annum. The Company will also pay a fee of 0.375% on undrawn amounts under the Revolving Credit Facility.

The Revolving Credit Facility includes customary covenants, including certain limitations on the incurrence by the Company of additional indebtedness and on the Company’s ability to make distributions to the Company’s shareholders, or redeem, repurchase or retire shares of stock, upon the occurrence of certain events and certain financial covenants related to asset coverage and other maintenance covenants, as well as customary events of default. The Revolving Credit Facility requires a minimum asset coverage ratio with respect to the consolidated assets of the Company and its subsidiaries to senior securities that constitute indebtedness of no less than 1.50 to 1.00 at any time.

87

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

SPV Asset Facilities

SPV Asset Facility II

On May 22, 2018, ORCC Financing II LLC (“ORCC Financing II”), a Delaware limited liability company and subsidiary of the Company, entered into a Credit Agreement (as amended, the “SPV Asset Facility II”), with ORCC Financing II, as Borrower, the lenders from time to time parties thereto (the “SPV Asset Facility II Lenders”), Natixis, New York Branch, as Administrative Agent, State Street Bank and Trust Company, as Collateral Agent, and Cortland Capital Market Services LLC as Document Custodian. The parties to the SPV Asset Facility II have entered into various amendments, including to admit new lenders, increase or decrease the maximum principal amount available under the facility, extend the availability period and maturity date, change the interest rate and make various other changes. The following describes the terms of SPV Asset Facility II amended through April 17, 2023 (the “SPV Asset Facility II Eighth Amendment Date”).

From time to time, the Company sells and contributes certain investments to ORCC Financing II pursuant to a sale and contribution agreement by and between the Company and ORCC Financing II. No gain or loss will be recognized as a result of the contribution. Proceeds from the SPV Asset Facility II will be used to finance the origination and acquisition of eligible assets by ORCC Financing II, including the purchase of such assets from the Company. The Company retains a residual interest in assets contributed to or acquired by ORCC Financing II through the Company’s ownership of ORCC Financing II. The maximum principal amount of the SPV Asset Facility II as of the SPV Asset Facility II Eighth Amendment Date is $250 million (which consists of $250 million of revolving commitments). The availability of this amount is subject to an overcollateralization ratio test, which is based on the value of ORCC Financing II’s assets from time to time, and satisfaction of certain conditions, including an interest coverage ratio test, certain concentration limits and collateral quality tests.

The SPV Asset Facility II provides for the ability to draw and redraw revolving loans under the SPV Asset Facility II through April 22, 2025, unless the revolving commitments are terminated sooner as provided in the SPV Asset Facility II (the “SPV Asset Facility II Commitment Termination Date”). Unless otherwise terminated, the SPV Asset Facility II will mature on April 17, 2033 (the “SPV Asset Facility II Stated Maturity”). Prior to the SPV Asset Facility II Stated Maturity, proceeds received by ORCC Financing II from principal and interest, dividends, or fees on assets must be used to pay fees, expenses and interest on outstanding borrowings, and the excess may be returned to the Company, subject to certain conditions. On the SPV Asset Facility II Stated Maturity, ORCC Financing II must pay in full all outstanding fees and expenses and all principal and interest on outstanding borrowings, and the excess may be returned to the Company.

With respect to revolving loans, amounts drawn bear interest at Term SOFR (or, in the case of certain lenders that are commercial paper conduits, the lower of their cost of funds and Term SOFR plus 0.40%) plus a spread of 2.75% during the period April 17, 2023 to the date on which the reinvestment period ends. From April 17, 2023 to the SPV Asset Facility II Commitment Termination Date, there is a commitment fee of 0.625% per annum on the undrawn amount, if any, of the revolving commitments in the SPV Asset Facility II. The SPV Asset Facility II contains customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing II, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Asset Facility II is secured by a perfected first priority security interest in the assets of ORCC Financing II and on any payments received by ORCC Financing II in respect of those assets. Assets pledged to the SPV Asset Facility II Lenders will not be available to pay the debts of the Company.

SPV Asset Facility III

On December 14, 2018 (the “SPV Asset Facility III Closing Date”), ORCC Financing III LLC (“ORCC Financing III”), a Delaware limited liability company and subsidiary of the Company, entered into a Loan Financing and Servicing Agreement (the “SPV Asset Facility III”), with ORCC Financing III, as borrower, the Company, as equity holder and services provider, the lenders from time to time parties thereto (the “SPV Asset Facility III Lenders”), Deutsche Bank AG, New York Branch, as Facility Agent, State Street Bank and Trust Company, as Collateral Agent and Cortland Capital Market Services LLC, as Collateral Custodian. The parties to the SPV Asset Facility III entered into various amendments, including those relating to the undrawn fee and make-whole fee and definition of “Change of Control.” The following describes the terms of SPV Asset Facility III as of its termination on March 9, 2023 (the “SPV Asset Facility III Termination Date”).

From time to time, the Company sold and contributed certain loan assets to ORCC Financing III pursuant to a Sale and Contribution Agreement by and between the Company and ORCC Financing III. No gain or loss was recognized as a result of the contribution. Proceeds from the SPV Asset Facility III were used to finance the origination and acquisition of eligible assets by ORCC Financing III, including the purchase of such assets from the Company. The Company retained a residual interest in assets contributed to or acquired by ORCC Financing III through its ownership of ORCC Financing III. The maximum principal amount of the SPV Asset Facility III was $250 million; the availability of this amount was subject to a borrowing base test, which was based on the value of ORCC Financing III’s assets from time to time, and satisfaction of certain conditions, including interest spread and weighted average coupon tests, certain concentration limits and collateral quality tests.

88

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

The SPV Asset Facility III provided for the ability to borrow, reborrow, repay and prepay advances under the SPV Asset Facility III until June 14, 2023 unless such period was extended or accelerated under the terms of the SPV Asset Facility III (the “SPV Asset Facility III Revolving Period”). Prior to the SPV Asset Facility III Termination Date, proceeds received by ORCC Financing III from principal and interest, dividends, or fees on assets were required to be used to pay fees, expenses and interest on outstanding advances, and the excess returned to the Company, subject to certain conditions. On the SPV Asset Facility III Termination Date, ORCC Financing III repaid in full all outstanding fees and expenses and all principal and interest on outstanding advances.

Amounts drawn bore interest at term SOFR (or, in the case of certain SPV Asset Facility III Lenders that are commercial paper conduits, the lower of (a) their cost of funds and (b) term SOFR, such term SOFR not to be lower than zero) plus a spread equal to 2.20% per annum, which spread would have increased (a) on and after the end of the SPV Asset Facility III Revolving Period by 0.15% per annum if no event of default had occurred and (b) by 2.00% per annum upon the occurrence of an event of default (such spread, the “Applicable Margin”). Term SOFR may have been replaced as a base rate under certain circumstances. The Company predominantly borrowed utilizing term SOFR rate loans, generally electing one-month SOFR upon borrowing. During the SPV Asset Facility III Revolving Period, ORCC Financing III paid an undrawn fee ranging from 0.25% to 0.50% per annum on the undrawn amount, if any, of the revolving commitments in the SPV Asset Facility III. During the SPV Asset Facility III Revolving Period, if the undrawn commitments were in excess of a certain portion (initially 20% and increasing in stages to 75%) of the total commitments under the SPV Asset Facility III, ORCC Financing III would have also paid a make-whole fee equal to the Applicable Margin multiplied by such excess undrawn commitment amount, reduced by the undrawn fee payable on such excess. The SPV Asset Facility III contained customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing III, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Asset Facility III was secured by a perfected first priority security interest in the assets of ORCC Financing III and on any payments received by ORCC Financing III in respect of those assets. Assets pledged to the SPV Asset Facility III Lenders were not available to pay the debts of the Company.

SPV Asset Facility IV

On August 2, 2019 (the “SPV Asset Facility IV Closing Date”), ORCC Financing IV LLC (“ORCC Financing IV”), a Delaware limited liability company and newly formed subsidiary of the Company entered into a Credit Agreement (the “SPV Asset Facility IV”), with ORCC Financing IV, as borrower, Société Générale, as initial Lender and as Administrative Agent, State Street Bank and Trust Company, as Collateral Agent, Collateral Administrator and Custodian, and Cortland Capital Market Services LLC as Document Custodian and the lenders from time to time party thereto pursuant to Assignment and Assumption Agreements (the “SPV Asset Facility IV Lenders”).

On March 11, 2022, (the “SPV Asset Facility IV Amendment Date”), the parties to the SPV Asset Facility IV amended the SPV Asset Facility IV to extend the reinvestment period from April 1, 2022 until October 3, 2022 and the stated maturity from April 1, 2030 to October 1, 2030. The amendment also changed the applicable interest rate from LIBOR plus an applicable margin of 2.15% during the reinvestment period and LIBOR plus an applicable margin of 2.40% after the reinvestment period to term SOFR plus an applicable margin of 2.30% during the reinvestment period and term SOFR plus an applicable margin of 2.55% after the reinvestment period.

From time to time, the Company sold and contributed certain investments to ORCC Financing IV pursuant to a Sale and Contribution Agreement by and between the Company and ORCC Financing IV. The SPV Asset Facility IV was terminated on October 3, 2022 (the “SPV Asset Facility IV Termination Date”). No gain or loss was recognized as a result of the contribution. Proceeds from the SPV Asset Facility IV were used to finance the origination and acquisition of eligible assets by ORCC Financing IV, including the purchase of such assets from the Company. The Company retained a residual interest in assets contributed to or acquired by ORCC Financing IV through its ownership of ORCC Financing IV. The maximum principal amount of the SPV Asset Facility IV was $250 million; the availability of this amount was subject to an overcollateralization ratio test, which was based on the value of ORCC Financing IV’s assets from time to time, and satisfaction of certain conditions, including an interest coverage ratio test, certain concentration limits and collateral quality tests.

The SPV Asset Facility IV provides for the ability to (1) draw term loans and (2) draw and redraw revolving loans under the SPV Asset Facility IV until the last day of the reinvestment period unless the revolving commitments are terminated or converted to term loans sooner as provided in the SPV Asset Facility IV (the “SPV Asset Facility IV Commitment Termination Date”). Prior to the SPV Asset Facility IV Termination Date, proceeds received by ORCC Financing IV from principal and interest, dividends, or fees on assets were required to be used to pay fees, expenses and interest on outstanding borrowings, and the excess may have been returned to the Company, subject to certain conditions. On the SPV Asset Facility IV Termination Date, ORCC Financing IV repaid in full all outstanding fees and expenses and all principal and interest on outstanding borrowings.

89

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

From the SPV Asset Facility IV Closing Date to the SPV Asset Facility IV Termination Date, there was a commitment fee ranging from 0.50% to 0.75% per annum on the undrawn amount, if any, of the revolving commitments in the SPV Asset Facility IV. The SPV Asset Facility IV contained customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing IV, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Asset Facility IV was secured by a perfected first priority security interest in the assets of ORCC Financing IV and on any payments received by ORCC Financing IV in respect of those assets. Assets pledged to the SPV Asset Facility IV Lenders were not available to pay the debts of the Company.

CLOs

CLO I

On May 28, 2019 (the “CLO I Closing Date”), the Company completed a $596 million term debt securitization transaction (the “CLO I Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO I Transaction and the secured loan borrowed in the CLO I Transaction were issued and incurred, as applicable, by the Company’s consolidated subsidiaries Owl Rock CLO I, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO I Issuer”), and Owl Rock CLO I, LLC, a Delaware limited liability company (the “CLO I Co-Issuer” and together with the CLO I Issuer, the “CLO I Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO I Issuer. The following describes the terms of the CLO I Transaction as amended through June 28, 2023 (the “CLO I Indenture Amendment Date”).

In the CLO I Transaction the CLO I Issuers (A) issued the following notes pursuant to an indenture and security agreement dated as of the CLO I Closing Date (as amended by the supplemental indenture dated as of the CLO I Indenture Amendment Date by and among the CLO I Issuer, the CLO I Co-Issuer and State Street Bank and Trust Company, the “CLO I Indenture”), by and among the CLO I Issuers and State Street Bank and Trust Company: (i) $242 million of AAA(sf) Class A Notes, which bear interest at term SOFR (plus a spread adjustment) plus 1.80%, (ii) $30 million of AAA(sf) Class A-F Notes, which bear interest at a fixed rate of 4.165%, and (iii) $68 million of AA(sf) Class B Notes, which bear interest at term SOFR (plus a spread adjustment) plus 2.70% (together, the “CLO I Notes”) and (B) borrowed $50 million under floating rate loans (the “Class A Loans” and together with the CLO I Notes, the “CLO I Debt”), which bear interest at term SOFR (plus a spread adjustment) plus 1.80%, under a credit agreement (the “CLO I Credit Agreement”), dated as of the CLO I Closing Date, by and among the CLO I Issuers, as borrowers, various financial institutions, as lenders, and State Street Bank and Trust Company, as collateral trustee and loan agent. The Class A Loans may be exchanged by the lenders for Class A Notes at any time, subject to certain conditions under the CLO I Credit Agreement and the CLO I Indenture. The CLO I Debt is scheduled to mature on May 20, 2031. The CLO I Notes were privately placed by Natixis Securities Americas, LLC and SG Americas Securities, LLC.

Concurrently with the issuance of the CLO I Notes and the borrowing under the Class A Loans, the CLO I Issuer issued approximately $206.1 million of subordinated securities in the form of 206,106 preferred shares at an issue price of U.S.$1,000 per share (the “CLO I Preferred Shares”). The CLO I Preferred Shares were issued by the CLO I Issuer as part of its issued share capital and are not secured by the collateral securing the CLO I Debt. The Company owns all of the CLO I Preferred Shares, and as such, these securities are eliminated in consolidation. The Company acts as retention holder in connection with the CLO I Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO I Preferred Shares.

The Adviser serves as collateral manager for the CLO I Issuer under a collateral management agreement dated as of the CLO I Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO I Issuers’ equity or notes owned by the Company.

The CLO I Debt is secured by all of the assets of the CLO I Issuer, which will consist primarily of middle market loans, participation interests in middle market loans, and related rights and the cash proceeds thereof. As part of the CLO I Transaction, ORCC Financing II LLC and the Company sold and contributed approximately $575 million par amount of middle market loans to the CLO I Issuer on the CLO I Closing Date. Such loans constituted the initial portfolio assets securing the CLO I Debt. The Company and ORCC Financing II LLC each made customary representations, warranties, and covenants to the CLO I Issuer regarding such sales and contributions under a loan sale agreement.

Through May 20, 2023, a portion of the proceeds received by the CLO I Issuer from the loans securing the CLO I Debt could be used by the CLO I Issuer to purchase additional middle market loans under the direction of the Adviser as the collateral manager for the CLO I Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

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Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

The CLO I Debt is the secured obligation of the CLO I Issuers, and the CLO I Indenture and the CLO I Credit Agreement include customary covenants and events of default. Assets pledged to holders of the CLO I Debt and the other secured parties under the CLO I Indenture will not be available to pay the debts of the Company.

The CLO I Notes were offered in reliance on Section 4(a)(2) of the Securities Act. The CLO I Notes have not been registered under the Securities Act or any state securities (e.g. “blue sky”) laws and, unless so registered, may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act as applicable.

CLO II Refinancing

On April 9, 2021 (the “CLO II Refinancing Date”), the Company completed a $398.1 million term debt securitization refinancing (the “CLO II Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO II Refinancing were issued by the Company’s consolidated subsidiaries Owl Rock CLO II, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO II Issuer”), and Owl Rock CLO II, LLC, a Delaware limited liability company (the “CLO II Co-Issuer” and together with the CLO II Issuer, the “CLO II Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO II Issuer.

The CLO II Refinancing was executed by the issuance of the following classes of notes pursuant to an indenture and security agreement dated as of December 12, 2019 (such date, the “CLO II Closing Date,” and such agreement,the “CLO II Indenture”), as supplemented by the supplemental indenture dated as of the CLO II Refinancing Date (the “CLO II Refinancing Indenture”), by and among the CLO II Issuers and State Street Bank and Trust Company: (i) $204 million of AAA(sf) Class A-LR Notes, which bear interest at three-month LIBOR plus 1.55%, (ii) $20 million of AAA(sf) Class A-FR Notes, which bear interest at a fixed rate of 2.48% and (iii) $36 million of AA(sf) Class B-R Notes, which bear interest at three-month LIBOR plus 1.90% (together, the “CLO II Refinancing Debt”). The CLO II Refinancing Debt is secured by the middle market loans, participation interests in middle market loans and other assets of the CLO II Issuer. The CLO II Refinancing Debt is scheduled to mature on April 20, 2033. The CLO II Refinancing Debt was privately placed by Deutsche Bank Securities Inc. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO II Refinancing Debt. The proceeds from the CLO II Refinancing were used to redeem in full the classes of notes issued on the CLO II Closing Date.

Concurrently with the issuance of the CLO II Refinancing Debt, the CLO II Issuer issued subordinated securities in the form of 1,500 additional preferred shares at an issue price of U.S.$1,000 per share (the “CLO II Refinancing Preferred Shares”) resulting in a total outstanding number of CLO II Preferred Shares of 138,100 ($138.1 million total issue price). The CLO II Refinancing Preferred Shares were issued by the CLO II Issuer as part of its issued share capital and are not secured by the collateral securing the CLO II Refinancing Debt. The Company purchased all of the CLO II Refinancing Preferred Shares. The Company acts as retention holder in connection with the CLO II Refinancing for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO II Preferred Shares. The proceeds from the CLO II Refinancing Preferred Shares were used to pay certain expenses incurred in connection with the CLO II Refinancing.

Through April 20, 2025, a portion of the proceeds received by the CLO II Issuer from the loans securing the CLO II Refinancing Debt may be used by the CLO II Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO II Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The CLO II Refinancing Debt is the secured obligation of the CLO II Issuers, and the CLO II Refinancing Indenture includes customary covenants and events of default. The CLO II Refinancing Debt has not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO II Issuer under a collateral management agreement dated as of the CLO II Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO II Issuers’ equity or notes owned by the Company.

91

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

CLO III

On March 26, 2020 (the “CLO III Closing Date”), the Company completed a $395.31 million term debt securitization transaction (the “CLO III Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO III Transaction were issued by the Company’s consolidated subsidiaries Owl Rock CLO III, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO III Issuer”), and Owl Rock CLO III, LLC, a Delaware limited liability company (the “CLO III Co-Issuer” and together with the CLO III Issuer, the “CLO III Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO III Issuer.

The CLO III Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO III Closing Date (the “CLO III Indenture”), by and among the CLO III Issuers and State Street Bank and Trust Company: (i) $166 million of AAA(sf) Class A-1L Notes, which bear interest at three-month LIBOR plus 1.80%, (ii) $40 million of AAA(sf) Class A-1F Notes, which bear interest at a fixed rate of 2.75%, (iii) $20 million of AAA(sf) Class A-2 Notes, which bear interest at three-month LIBOR plus 2.00%, and (iv) $34 million of AA(sf) Class B Notes, which bear interest at three-month LIBOR plus 2.45% (together, the “CLO III Debt”). The CLO III Debt is scheduled to mature on April 20, 2032. The CLO III Debt was privately placed by SG Americas Securities, LLC. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO III Debt.

Concurrently with the issuance of the CLO III Debt, the CLO III Issuer issued approximately $135.31 million of subordinated securities in the form of 135,310 preferred shares at an issue price of U.S.$1,000 per share (the “CLO III Preferred Shares”). The CLO III Preferred Shares were issued by the CLO III Issuer as part of its issued share capital and are not secured by the collateral securing the CLO III Debt. The Company owns all of the CLO III Preferred Shares, and as such, these securities are eliminated in consolidation. The Company acts as retention holder in connection with the CLO III Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO III Preferred Shares.

The Adviser serves as collateral manager for the CLO III Issuer under a collateral management agreement dated as of the CLO III Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO III Issuers’ equity or notes owned by the Company.

The CLO III Debt is secured by all of the assets of the CLO III Issuer, which will consist primarily of middle market loans, participation interests in middle market loans, and related rights and the cash proceeds thereof. As part of the CLO III Transaction, ORCC Financing IV LLC and the Company sold and contributed approximately $400 million par amount of middle market loans to the CLO III Issuer on the CLO III Closing Date. Such loans constituted the initial portfolio assets securing the CLO III Debt. The Company and ORCC Financing IV LLC each made customary representations, warranties, and covenants to the CLO III Issuer regarding such sales and contributions under a loan sale agreement.

Through April 20, 2024, a portion of the proceeds received by the CLO III Issuer from the loans securing the CLO III Debt may be used by the CLO III Issuer to purchase additional middle market loans under the direction of the Adviser as the collateral manager for the CLO III Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The CLO III Debt is the secured obligation of the CLO III Issuers, and the CLO III Indenture includes customary covenants and events of default. Assets pledged to holders of the CLO III Debt and the other secured parties under the CLO III Indenture will not be available to pay the debts of the Company.

The CLO III Debt was offered in reliance on Section 4(a)(2) of the Securities Act. The CLO III Debt has not been registered under the Securities Act or any state securities (e.g. “blue sky”) laws and, unless so registered, may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act as applicable.

CLO IV Refinancing

On July 9, 2021 (the “CLO IV Refinancing Date”), the Company completed a $440.5 million term debt securitization refinancing (the “CLO IV Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO IV Refinancing were issued by the Company’s consolidated subsidiaries Owl Rock CLO IV, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO IV Issuer”), and Owl Rock CLO IV, LLC, a Delaware limited liability company (the “CLO IV Co-Issuer” and together with the CLO IV Issuer, the “CLO IV Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO IV Issuer.

92

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

The CLO IV Refinancing was executed by the issuance of the following classes of notes pursuant to an indenture and security agreement dated as of May 28, 2020 (such date, the CLO IV Closing Date, and such agreement, the “CLO IV Indenture”), as supplemented by the supplemental indenture dated as of the CLO IV Refinancing Date (the “CLO IV Refinancing Indenture”), by and among the CLO IV Issuers and State Street Bank and Trust Company: (i) $252 million of AAA(sf) Class A-1-R Notes, which bear interest at three-month LIBOR plus 1.60% and (ii) $40.5 million of AA(sf) Class A-2-R Notes, which bear interest at three-month LIBOR plus 1.90% (together, the “CLO IV Refinancing Secured Notes”). The CLO IV Refinancing Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the Issuer. The CLO IV Refinancing Secured Notes are scheduled to mature on August 20, 2033. The CLO IV Refinancing Secured Notes were privately placed by Natixis Securities Americas LLC. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO IV Refinancing Secured Notes. The proceeds from the CLO IV Refinancing were used to redeem in full the classes of notes issued on the CLO IV Closing Date, to redeem a portion of the preferred shares of the CLO IV Issuer as described below and to pay expenses incurred in connection with the CLO IV Refinancing.

Concurrently with the issuance of the CLO IV Refinancing Secured Notes, the CLO IV Issuer redeemed 38,900 preferred shares held by the Company (the “CLO IV Preferred Shares”) at a total redemption price of $38.9 million ($1,000 per preferred share). The Company retains the 148,000 CLO IV Preferred Shares that remain outstanding and that the Company acquired on the CLO IV Closing Date. The CLO IV Preferred Shares were issued by the CLO IV Issuer as part of its issued share capital and are not secured by the collateral securing the CLO IV Refinancing Secured Notes. The Company acts as retention holder in connection with the CLO IV Refinancing for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the Preferred Shares.

Through August 20, 2025, a portion of the proceeds received by the CLO IV Issuer from the loans securing the CLO IV Refinancing Secured Notes may be used by the CLO IV Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO IV Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The CLO IV Refinancing Secured Notes are the secured obligation of the CLO IV Issuers, and the CLO IV Refinancing Indenture includes customary covenants and events of default. The CLO IV Refinancing Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO IV Issuer under a collateral management agreement dated as of the CLO IV Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO IV Issuers’ equity or notes owned by the Company.

CLO V

On November 20, 2020 (the “CLO V Closing Date”), the Company completed a $345.45 million term debt securitization transaction (the “CLO V Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO V Transaction were issued by the Company’s consolidated subsidiaries Owl Rock CLO V, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO V Issuer”), and Owl Rock CLO V, LLC, a Delaware limited liability company (the “CLO V Co-Issuer” and together with the CLO V Issuer, the “CLO V Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO V Issuer.

The CLO V Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO V Closing Date (the “CLO V Indenture”), by and among the CLO V Issuers and State Street Bank and Trust Company: (i) $182 million of AAA(sf)/AAAsf Class A-1 Notes, which bear interest at three-month LIBOR plus 1.85% and (ii) $14 million of AAA(sf) Class A-2 Notes, which bear interest at three-month LIBOR plus 2.20% (together, the “CLO V Secured Notes”). The CLO V Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the CLO V Issuer. The CLO V Secured Notes are scheduled to mature on November 20, 2029. The CLO V Secured Notes were privately placed by Natixis Securities Americas LLC.

The CLO V Secured Notes were redeemed in the CLO V Refinancing, described below.

Concurrently with the issuance of the CLO V Secured Notes, the CLO V Issuer issued approximately $149.45 million of subordinated securities in the form of 149,450 preferred shares at an issue price of U.S.$1,000 per share (the “CLO V Preferred Shares”). The CLO V Preferred Shares were issued by the CLO V Issuer as part of its issued share capital and are not secured by the collateral securing the CLO V Secured Notes. The Company owns all of the outstanding CLO V Preferred Shares, and as such, these securities are eliminated in consolidation. The Company acted as retention holder in connection with the CLO V Transaction for the

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Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such was required to retain a portion of the CLO V Preferred Shares while the CLO V Secured Notes were outstanding.

As part of the CLO V Transaction, the Company entered into a loan sale agreement with the CLO V Issuer dated as of the CLO V Closing Date, which provided for the sale and contribution of approximately $201.75 million par amount of middle market loans from the Company to the CLO V Issuer on the CLO V Closing Date and for future sales from the Company to the CLO V Issuer on an ongoing basis. Such loans constituted part of the initial portfolio of assets securing the CLO V Secured Notes. The remainder of the initial portfolio assets securing the CLO V Secured Notes consisted of approximately $84.74 million par amount of middle market loans purchased by the CLO V Issuer from ORCC Financing II LLC, a wholly-owned subsidiary of the Company, under an additional loan sale agreement executed on the CLO V Closing Date between the Issuer and ORCC Financing II LLC. The Company and ORCC Financing II LLC each made customary representations, warranties, and covenants to the Issuer under the applicable loan sale agreement.

Through July 20, 2022, a portion of the proceeds received by the CLO V Issuer from the loans securing the CLO V Secured Notes could be used by the CLO V Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO V Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The CLO V Secured Notes were the secured obligation of the CLO V Issuers, and the CLO V Indenture includes customary covenants and events of default. The CLO V Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration. Assets pledged to the holders of the CLO V Secured Notes were not available to pay the debts of the Company.

CLO V Refinancing

On April 20, 2022 (the “CLO V Refinancing Date”), the Company completed a $669.2 million term debt securitization refinancing (the “CLO V Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO V Refinancing were issued by the CLO V Co-Issuer, as Issuer (the “CLO V Refinancing Issuer”), and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO V Refinancing Issuer.

The CLO V Refinancing was executed by the issuance of the following classes of notes pursuant to the CLO V Indenture as supplemented by the supplemental indenture dated as of the CLO V Refinancing Date (the “CLO V Refinancing Indenture”), by and among the CLO V Refinancing Issuer and State Street Bank and Trust Company: (i) $354.4 million of AAA(sf) Class A-1R Notes, which bear interest at the Benchmark, as defined in the CLO V Refinancing Indenture, plus 1.78%, (ii) $30.4 million of AAA(sf) Class A-2R Notes, which bear interest at the Benchmark plus 1.95%, (iii) $49.0 million of AA(sf) Class B-1 Notes, which bear interest at the Benchmark plus 2.20%, (iv) $5.0 million of AA(sf) Class B-2 Notes, which bear interest at 4.25%, (v) $31.5 million of A(sf) Class C-1 Notes, which bear interest at the Benchmark plus 3.15% and (vi) $39.4 million of A(sf) Class C-2 Notes, which bear interest at 5.10% (together, the “CLO V Refinancing Secured Notes”). The CLO V Refinancing Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the Issuer. The CLO V Refinancing Secured Notes are scheduled to mature on April 20, 2034. The CLO V Refinancing Secured Notes were privately placed by Natixis Securities Americas LLC. The proceeds from the CLO V Refinancing were used to redeem in full the classes of notes issued on the CLO V Closing Date and to pay expenses incurred in connection with the CLO V Refinancing.

Concurrently with the issuance of the CLO V Refinancing Secured Notes, the CLO V Issuer issued approximately $10.2 million of additional subordinated securities, for a total of $159.6 million of subordinated securities in the form of 159,620 preferred shares at an issue price of U.S.$1,000 per share. The CLO V Preferred Shares are not secured by the collateral securing the CLO V Refinancing Secured Notes. The Company acts as retention holder in connection with the CLO V Refinancing for the purposes of satisfying certain U.S., European Union and United Kingdom regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO V Preferred Shares.

On the CLO V Closing Date, the CLO V Issuer entered into a loan sale agreement with Company, which provided for the sale and contribution of approximately $201.8 million par amount of middle market loans from the Company to the CLO V Issuer on the CLO V Closing Date and for future sales from the Company to the CLO V Issuer on an ongoing basis. As part of the CLO V Refinancing, the CLO V Refinancing Issuer, as the successor to the CLO V Issuer, and the Company entered into an amended and restated loan sale agreement with the Company dated as of the CLO V Refinancing Date, pursuant to which the CLO V Refinancing Issuer assumed all ongoing obligations of the CLO V Issuer under the original agreement and the Company sold and contributed approximately $275.67 million par amount middle market loans to the CLO V Refinancing Issuer on the CLO V Refinancing Date and provides for future sales from the Company to the CLO V Refinancing Issuer on an ongoing basis. Such loans constituted part of the portfolio of assets securing the CLO V Refinancing Secured Notes. A portion of the of the portfolio assets securing the CLO V

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Refinancing Secured Notes consists of middle market loans purchased by the CLO V Issuer from ORCC Financing II LLC, a wholly-owned subsidiary of the Company, under an additional loan sale agreement executed on the CLO V Closing Date between the CLO V Issuer and ORCC Financing II LLC and which the CLO V Refinancing Issuer and ORCC Financing II LLC amended and restated on the CLO V Refinancing Date in connection with the refinancing. The Company and ORCC Financing II LLC each made customary representations, warranties, and covenants to the CLO V Refinancing Issuer under the applicable loan sale agreement.

Through April 20, 2026, a portion of the proceeds received by the CLO V Issuer from the loans securing the CLO V Refinancing Secured Notes may be used by the Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO V Refinancing Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The CLO V Refinancing Secured Notes are the secured obligation of the CLO V Refinancing Issuer, and the CLO V Refinancing Indenture includes customary covenants and events of default. The CLO V Refinancing Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO V Refinancing Issuer under an amended and restated collateral management agreement dated as of the CLO V Refinancing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO V Refinancing Issuer’s equity or notes owned by the Company.

CLO VI

On May 5, 2021 (the “CLO VI Closing Date”), the Company completed a $397.78 million term debt securitization transaction (the “CLO VI Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO VI Transaction were issued by the Company’s consolidated subsidiaries Owl Rock CLO VI, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO VI Issuer”), and Owl Rock CLO VI, LLC, a Delaware limited liability company (the “CLO VI Co-Issuer” and together with the CLO VI Issuer, the “CLO VI Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO VI Issuer.

The CLO VI Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO VI Closing Date (the “CLO VI Indenture”), by and among the CLO VI Issuers and State Street Bank and Trust Company: (i) $224 million of AAA(sf) Class A Notes, which bear interest at three-month LIBOR plus 1.45%, (ii) $26 million of AA(sf) Class B-1 Notes, which bear interest at three-month LIBOR plus 1.75% and (iii) $10 million of AA(sf) Class B-F Notes, which bear interest at a fixed rate of 2.83% (together, the “CLO VI Secured Notes”). The CLO VI Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the CLO VI Issuer. The CLO VI Secured Notes are scheduled to mature on June 21, 2032. The CLO VI Secured Notes are privately placed by SG Americas Securities, LLC. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO VI Secured Notes.

Concurrently with the issuance of the CLO VI Secured Notes, the CLO VI Issuer issued approximately $137.78 million of subordinated securities in the form of 137,775 preferred shares at an issue price of U.S. $1,000 per share (the “CLO VI Preferred Shares”). The CLO VI Preferred Shares were issued by the CLO VI Issuer as part of its issued share capital and are not secured by the collateral securing the CLO VI Secured Notes. The Company purchased all of the CLO VI Preferred Shares, and as such, these securities are eliminated in consolidation. The Company acts as retention holder in connection with the CLO VI Transaction for the purposes of satisfying certain U.S., United Kingdom and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO VI Preferred Shares.

As part of the CLO VI Transaction, the Company entered into a loan sale agreement with the CLO VI Issuer dated as of the CLO VI Closing Date, which provides for the sale and contribution of approximately $205.6 million par amount of middle market loans from the Company to the CLO VI Issuer on the CLO VI Closing Date and for future sales from the Company to the CLO VI Issuer on an ongoing basis. Such loans constitute part of the initial portfolio of assets securing the CLO VI Secured Notes. The remainder of the initial portfolio assets securing the CLO VI Secured Notes consists of approximately $164.7 million par amount of middle market loans purchased by the CLO VI Issuer from ORCC Financing IV LLC, a wholly-owned subsidiary of the Company, under an additional loan sale agreement executed on the CLO VI Closing Date between the CLO VI Issuer and ORCC Financing IV LLC. The Company and ORCC Financing IV LLC each made customary representations, warranties, and covenants to the CLO VI Issuer under the applicable loan sale agreement.

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Through June 20, 2024, a portion of the proceeds received by the CLO VI Issuer from the loans securing the CLO VI Secured Notes may be used by the CLO VI Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO VI Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The Secured Notes are the secured obligation of the CLO VI Issuers, and the CLO VI Indenture includes customary covenants and events of default. The CLO VI Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO VI Issuer under a collateral management agreement dated as of the CLO VI Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO VI Issuers’ equity or notes owned by the Company.

CLO VII

On July 26, 2022 (the “CLO VII Closing Date”), the Company completed a $350.47 million term debt securitization transaction (the “CLO VII Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO VII Transaction and the secured loan borrowed in the CLO VII Transaction were issued and incurred, as applicable, by the Company’s consolidated subsidiary Owl Rock CLO VII, LLC, a limited liability organized under the laws of the State of Delaware (the “CLO VII Issuer”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO VII Issuer.

The CLO VII Transaction was executed by (A) the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO VII Closing Date (the “CLO VII Indenture”), by and among the CLO VII Issuer and State Street Bank and Trust Company: (i) $48 million of AAA(sf) Class A-1 Notes, which bear interest at three-month term SOFR plus 2.10%, (ii) $24 million of AAA(sf) Class A-2 Notes, which bear interest at 5.00%, (iii) $6 million of AA(sf) Class B-1 Notes, which bear interest at three-month term SOFR plus 2.85% and (iv) $26.15 million of AA(sf) Class B-2 Notes, which bear interest at 5.71% and (v) $10 million of A(sf) Class C Notes, which bear interest at 6.86% (together, the “CLO VII Secured Notes”) and (B) the borrowing by the CLO VII Issuer of $75 million under floating rate Class A-L1 loans (the “CLO VII Class A-L1 Loans”) and $50 million under floating rate Class A-L2 loans (the “CLO VII Class A-L2 Loans” and together with the CLO VII Class A-L1 Loans and the CLO VII Secured Notes, the “CLO VII Debt”). The CLO VII Class A-L1 Loans and the CLO VII Class A-L2 Loans bear interest at three-month term SOFR plus 2.10%. The CLO VII Class A-L1 Loans were borrowed under a credit agreement (the “CLO VII A-L1 Credit Agreement”), dated as of the CLO VII Closing Date, by and among the CLO VII Issuer, as borrower, various financial institutions, as lenders, and State Street Bank and Trust Company, as collateral trustee and loan agent and the CLO VII Class A-L2 Loans were borrowed under a credit agreement (the “CLO VII A-L2 Credit Agreement”), dated as of the CLO VII Closing Date, by and among the CLO VII Issuer, as borrower, various financial institutions, as lenders, and State Street Bank and Trust Company, as collateral trustee and loan agent. The CLO VII Debt is secured by middle market loans, participation interests in middle market loans and other assets of the CLO VII Issuer. The CLO VII Debt is scheduled to mature on July 20, 2033. The CLO VII Secured Notes were privately placed by SG Americas Securities, LLC as Initial Purchaser.

Concurrently with the issuance of the CLO VII Secured Notes and the borrowing under the CLO VII Class A-L1 Loans and CLO VII Class A-L2 Loans, the CLO VII Issuer issued approximately $111.32 million of subordinated securities in the form of 111,320 preferred shares at an issue price of U.S.$1,000 per share (the “CLO VII Preferred Shares”). The CLO VII Preferred Shares were issued by the CLO VII Issuer as part of its issued share capital and are not secured by the collateral securing the CLO VII Debt. The Company purchased all of the CLO VII Preferred Shares. The Company acts as retention holder in connection with the CLO VII Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO VII Preferred Shares.

As part of the CLO VII Transaction, the Company entered into a loan sale agreement with the CLO VII Issuer dated as of the CLO VII Closing Date, which provided for the sale and contribution of approximately $255.548 million par amount of middle market loans from the Company to the CLO VII Issuer on the CLO VII Closing Date and for future sales from the Company to the CLO VII Issuer on an ongoing basis. Such loans constituted part of the initial portfolio of assets securing the CLO VII Debt. The remainder of the initial portfolio assets securing the CLO VII Debt consisted of approximately $93.313 million par amount of middle market loans purchased by the CLO VII Issuer from ORCC Financing IV LLC, a wholly-owned subsidiary of the Company, under an additional loan sale agreement executed on the CLO VII Closing Date between the CLO VII Issuer and ORCC Financing IV LLC. The Company and ORCC Financing IV LLC each made customary representations, warranties, and covenants to the CLO VII Issuer under the applicable loan sale agreement.

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Through July 20, 2025, a portion of the proceeds received by the CLO VII Issuer from the loans securing the CLO VII Debt may be used by the CLO VII Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO VII Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The CLO VII Debt is the secured obligation of the CLO VII Issuer, and the CLO VII Indenture, the CLO VII A-L1 Credit Agreement and the CLO VII A-L2 Credit Agreement each include customary covenants and events of default. The CLO VII Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser will serve as collateral manager for the CLO VII Issuer under a collateral management agreement dated as of the CLO VII Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Amended and Restated Investment Advisory Agreement, between the Adviser and the Company will be offset by the amount of the collateral management fee attributable to the CLO VII Issuer’s equity or notes owned by the Company.

CLO X

On March 9, 2023 (the “CLO X Closing Date”), the Company completed a $397.7 million term debt securitization transaction (the “CLO X Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO X Transaction were issued by the Company’s consolidated subsidiary Owl Rock CLO X, LLC, a limited liability organized under the laws of the State of Delaware (the “CLO X Issuer”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO X Issuer.

The CLO X Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO X Closing Date (the “CLO X Indenture”), by and among the CLO X Issuer and State Street Bank and Trust Company: (i) $228 million of AAA(sf) Class A Notes, which bear interest at three-month term SOFR plus 2.45% and (ii) $32 million of AA(sf) Class B Notes, which bear interest at three-month term SOFR plus 3.60% (together, the “CLO X Secured Notes”). The Secured Notes are secured by middle market loans, participation interests in middle market loans and other assets of the CLO X Issuer. The CLO X Secured Notes are scheduled to mature on April 20, 2035. The CLO X Secured Notes were privately placed by Deutsche Bank Securities Inc. as Initial Purchaser.

Concurrently with the issuance of the CLO X Secured Notes, the CLO X Issuer issued approximately $137.7 million of subordinated securities in the form of 137,700 preferred shares at an issue price of U.S. $1,000 per share (the “CLO X Preferred Shares”). The CLO X Preferred Shares were issued by the CLO X Issuer as part of its issued share capital and are not secured by the collateral securing the CLO X Secured Notes. The Company purchased all of the CLO X Preferred Shares. The Company acts as retention holder in connection with the CLO X Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO X Preferred Shares.

As part of the CLO X Transaction, the Company entered into a loan sale agreement with the CLO X Issuer dated as of the CLO X Closing Date, which provided for the sale and contribution of approximately $245.9 million par amount of middle market loans from the Company to the CLO X Issuer on the CLO X Closing Date and for future sales from the Company to the CLO X Issuer on an ongoing basis. Such loans constituted part of the initial portfolio of assets securing the CLO X Secured Notes. The remainder of the initial portfolio assets securing the CLO X Secured Notes consisted of approximately $141.3 million par amount of middle market loans purchased by the CLO X Issuer from ORCC Financing III LLC, a wholly-owned subsidiary of the Company, under an additional loan sale agreement executed on the CLO X Closing Date between the CLO X Issuer and ORCC Financing III LLC. The Company and ORCC Financing III LLC each made customary representations, warranties, and covenants to the CLO X Issuer under the applicable loan sale agreement.

Through April 20, 2027, a portion of the proceeds received by the CLO X Issuer from the loans securing the CLO X Secured Notes may be used by the CLO X Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO X Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The CLO X Secured Notes are the secured obligation of the CLO X Issuer, and the CLO X Indenture includes customary covenants and events of default. The CLO X Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

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The Adviser will serve as collateral manager for the CLO X Issuer under a collateral management agreement dated as of the CLO X Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Amended and Restated Investment Advisory Agreement, between the Adviser and the Company will be offset by the amount of the collateral management fee attributable to the CLO X Issuer’s equity or notes owned by the Company.

Unsecured Notes

2023 Notes

On December 21, 2017, we entered into a Note Purchase Agreement governing the issuance of $150 million in aggregate principal amount of unsecured notes (the “2023 Notes”) to institutional investors in a private placement. The issuance of $138.5 million of the 2023 Notes occurred on December 21, 2017, and $11.5 million of the 2023 Notes were issued in January 2018. The 2023 Notes had a fixed interest rate of 4.75% and were due on June 21, 2023. Interest on the 2023 Notes was due and ranked semiannually. This interest rate was subject to increase (up to a maximum interest rate of 5.50%) in the event that, subject to certain exceptions, the 2023 Notes ceased to have an investment grade rating. We were obligated to offer to repay the 2023 Notes at par if certain change in control events occur. The 2023 Notes were our general unsecured obligations and ranked pari passu with all outstanding and future unsecured unsubordinated indebtedness issued by us.

The Note Purchase Agreement for the 2023 Notes contained customary terms and conditions for unsecured notes issued in a private placement, including, without limitation, affirmative and negative covenants such as information reporting, maintenance of our status as a BDC within the meaning of the 1940 Act and a RIC under the Code, minimum shareholders equity, minimum asset coverage ratio and prohibitions on certain fundamental changes at us or any subsidiary guarantor, as well as customary events of default with customary cure and notice, including, without limitation, nonpayment, misrepresentation in a material respect, breach of covenant, cross-default under other indebtedness of us or certain significant subsidiaries, certain judgments and orders, and certain events of bankruptcy.

The 2023 Notes were offered in reliance on Section 4(a)(2) of the Securities Act. In connection with the offering of the 2023 Notes, on December 21, 2017, we entered into a centrally cleared interest rate swap. The notional amount of the interest rate swap was $150 million. We received fixed rate interest semi-annually at 4.75% and paid variable rate interest monthly based on 1-month LIBOR plus 2.545%. The interest rate swap matured on December 21, 2021, and therefore, for the three months ended March 31, 2023 and 2022, we did not make any periodic payments. The interest expense related to the 2023 Notes was equally offset by proceeds received from the interest rate swap. The swap adjusted interest expense is included as a component of interest expense in our Consolidated Statements of Operations. Depending on the nature of the balance at period end, the fair value of the interest rate swap is either included as a component of accrued expenses and other liabilities or prepaid expenses and other assets on our Consolidated Statements of Assets and Liabilities. The change in fair value of the interest rate swap is offset by the change in fair value of the 2023 Notes, with the remaining difference included as a component of interest expense on the Consolidated Statements of Operations.

On November 23, 2021, we caused notice to be issued to the holders of the 2023 Notes regarding our exercise of the option to redeem in full all $150 million in aggregate principal amount of the 2023 Notes at 100% of their principal amount, plus the accrued and unpaid interest thereon through, but excluding, the redemption date, December 23, 2021. On December 23, 2021, we redeemed in full all $150 million in aggregate principal amount of the 2023 Notes at 100% of their principal amount, plus the accrued and unpaid interest thereon through, but excluding, December 23, 2021.

2024 Notes

On April 10, 2019, the Company issued $400 million aggregate principal amount of notes that mature on April 15, 2024 (the “2024 Notes”). The 2024 Notes bear interest at a rate of 5.25% per year, payable semi-annually on April 15 and October 15 of each year, commencing on October 15, 2019. The Company may redeem some or all of the 2024 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2024 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2024 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if the Company redeems any 2024 Notes on or after March 15, 2024 (the date falling one month prior to the maturity date of the 2024 Notes), the redemption price for the 2024 Notes will be equal to 100% of the principal amount of the 2024 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

In connection with the issuance of the 2024 Notes, on April 10, 2019 the Company entered into centrally cleared interest rate swaps. The notional amount of the interest rate swaps is $400 million. The Company will receive fixed rate interest at 5.25% and pay variable rate interest based on one-month LIBOR plus 2.937%. The interest rate swaps mature on April 10, 2024. For the three and six months ended June 30, 2023, the Company made periodic payments of $9.5 million and $9.5 million, respectively. For the three and six months ended June 30, 2022, the Company made periodic payments of $4.3 million and $4.3 million, respectively.The interest

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expense related to the 2024 Notes is equally offset by the proceeds received from the interest rate swaps. The swap adjusted interest expense is included as a component of interest expense on the Company’s Consolidated Statements of Operations. As of June 30, 2023 and December 31, 2022, the interest rate swap had a fair value of $(9.9) million and $(13.1) million, respectively. Depending on the nature of the balance at period end, the fair value of the interest rate swap is either included as a component of accrued expenses and other liabilities or prepaid expenses and other assets on the Company’s Consolidated Statements of Assets and Liabilities. The change in fair value of the interest rate swap is offset by the change in fair value of the 2024 Notes, with the remaining difference included as a component of interest expense on the Consolidated Statements of Operations.

2025 Notes

On October 8, 2019, the Company issued $425 million aggregate principal amount of notes that mature on March 30, 2025 (the “2025 Notes”). The 2025 Notes bear interest at a rate of 4.00% per year, payable semi-annually on March 30 and September 30 of each year, commencing on March 30, 2020. The Company may redeem some or all of the 2025 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2025 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2025 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 40 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if the Company redeems any 2025 Notes on or after February 28, 2025 (the date falling one month prior to the maturity date of the 2025 Notes), the redemption price for the 2025 Notes will be equal to 100% of the principal amount of the 2025 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

July 2025 Notes

On January 22, 2020, the Company issued $500 million aggregate principal amount of notes that mature on July 22, 2025 (the “July 2025 Notes”). The July 2025 Notes bear interest at a rate of 3.75% per year, payable semi-annually on January 22 and July 22, of each year, commencing on July 22, 2020. The Company may redeem some or all of the July 2025 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the July 2025 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the July 2025 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 35 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if the Company redeems any July 2025 Notes on or after June 22, 2025 (the date falling one month prior to the maturity date of the 2025 Notes), the redemption price for the July 2025 Notes will be equal to 100% of the principal amount of the July 2025 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

2026 Notes

On July 23, 2020, the Company issued $500 million aggregate principal amount of notes that mature on January 15, 2026 (the “2026 Notes”). The 2026 Notes bear interest at a rate of 4.25% per year, payable semi-annually on January 15 and July 15 of each year, commencing on January 15, 2021. The Company may redeem some or all of the 2026 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2026 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2026 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if the Company redeems any 2026 Notes on or after December, 15 2025 (the date falling one month prior to the maturity date of the 2026 Notes), the redemption price for the 2026 Notes will be equal to 100% of the principal amount of the 2026 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

July 2026 Notes

On December 8, 2020, the Company issued $1.0 billion aggregate principal amount of notes that mature on July 15, 2026 (the “July 2026 Notes”). The July 2026 Notes bear interest at a rate of 3.40% per year, payable semi-annually on January 15 and July 15 of each year, commencing on July 15, 2021. The Company may redeem some or all of the July 2026 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the July 2026 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the July 2026 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if the Company redeems any July 2026 Notes on or after June 15, 2026 (the date falling one month prior to the maturity date of the July 2026 Notes), the redemption price for the July 2026 Notes will be equal to 100% of the principal amount of the July 2026 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

99

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

2027 Notes

On April 26, 2021, the Company issued $500 million aggregate principal amount of notes that mature on January 15, 2027 (the “2027 Notes”). The 2027 Notes bear interest at a rate of 2.625% per year, payable semi-annually on January 15 and July 15, of each year, commencing on July 15, 2021. The Company may redeem some or all of the 2027 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2027 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2027 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 30 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if the Company redeems any 2027 Notes on or after December 15, 2026 (the date falling one month prior to the maturity date of the 2027 Notes), the redemption price for the 2027 Notes will be equal to 100% of the principal amount of the 2027 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

In connection with the issuance of the 2027 Notes, on April 26, 2021, the Company entered into centrally cleared interest rate swaps. The notional amount of the interest rate swaps is $500 million. The Company will receive fixed rate interest at 2.625% and pay variable rate interest based on one-month LIBOR plus 1.655%. The interest rate swaps mature on January 15, 2027. For the three months ended June 30, 2023 the Company made no periodic payments and for the six months ended June 30, 2023 the Company made $5.9 million in periodic payments. For the three months ended June 30, 2022 the Company made no periodic payments and for the six months ended June 30, 2022 the Company made $2.0 million in periodic payments. The interest expense related to the 2027 Notes is equally offset by the proceeds received from the interest rate swaps. The swap adjusted interest expense is included as a component of interest expense on the Company’s Consolidated Statements of Operations. As of June 30, 2023 and December 31, 2022, the interest rate swap had a fair value of $(55.9) million and $(56.4) million, respectively. Depending on the nature of the balance at period end, the fair value of the interest rate swaps is either included as a component of accrued expenses and other liabilities or prepaid expenses and other assets on the Company’s Consolidated Statements of Assets and Liabilities. The change in fair value of the interest rate swaps is offset by the change in fair value of the 2027 Notes, with the remaining difference included as a component of interest expense on the Consolidated Statements of Operations.

2028 Notes

On June 11, 2021, the Company issued $450 million aggregate principal amount of notes that mature on June 11, 2028 and on August 17, 2021, the Company issued an additional $400 million aggregate principal amount of the Company's 2.875% notes due 2028 (together, the “2028 Notes”). The 2028 Notes bear interest at a rate of 2.875% per year, payable semi-annually on June 11 and December 11, of each year, commencing on December 11, 2021. The Company may redeem some or all of the 2028 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2028 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2028 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 30 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if the Company redeems any 2028 Notes on or after April 11, 2028 (the date falling two months prior to the maturity date of the 2028 Notes), the redemption price for the 2028 Notes will be equal to 100% of the principal amount of the 2028 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

100

Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Note 7. Commitments and Contingencies

Portfolio Company Commitments

From time to time, the Company may enter into commitments to fund investments. The table below presents outstanding commitments to fund investments in current portfolio companies as of the following periods:

Portfolio Company	Investment	June 30, 2023		December 31, 2022
($ in thousands)
3ES Innovation Inc. (dba Aucerna)	First lien senior secured revolving loan	$	2,193	$	2,193
AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC	LLC Interest	38,884		45,000
AAM Series 2.1 Aviation Feeder, LLC	LLC Interest	26,056		43,432
ABB/Con-cise Optical Group LLC	First lien senior secured revolving loan	—		354
Accela, Inc.	First lien senior secured revolving loan	3,000		3,000
Adenza Group, Inc.	First lien senior secured delayed draw term loan	8,331		8,331
Adenza Group, Inc.	First lien senior secured revolving loan	18,227		18,227
AmeriLife Holdings LLC	First lien senior secured delayed draw term loan	61		61
AmeriLife Holdings LLC	First lien senior secured revolving loan	76		91
AmSpec Group, Inc. (fka AmSpec Services Inc.)	First lien senior secured revolving loan	7,034		11,388
Anaplan, Inc.	First lien senior secured revolving loan	9,722		9,722
Apex Service Partners, LLC	First lien senior secured revolving loan	50		19
Apptio, Inc.	First lien senior secured revolving loan	1,945		1,112
Aramsco, Inc.	First lien senior secured revolving loan	—		6,703
Armstrong Bidco Limited (dba The Access Group)	First lien senior secured delayed draw term loan	157		273
Ascend Buyer, LLC (dba PPC Flexible Packaging)	First lien senior secured revolving loan	565		565
Associations, Inc.	First lien senior secured delayed draw term loan	17,370		45,792
Associations, Inc.	First lien senior secured revolving loan	32,923		32,923
Bayshore Intermediate #2, L.P. (dba Boomi)	First lien senior secured revolving loan	5,530		4,607
BCPE Osprey Buyer, Inc. (dba PartsSource)	First lien senior secured delayed draw term loan	28,014		28,014
BCPE Osprey Buyer, Inc. (dba PartsSource)	First lien senior secured revolving loan	7,377		11,855
BCTO BSI Buyer, Inc. (dba Buildertrend)	First lien senior secured revolving loan	8,036		8,036
Blend Labs, Inc.	First lien senior secured revolving loan	7,500		7,500
BP Veraison Buyer, LLC (dba Sun World)	First lien senior secured delayed draw term loan	—		29,054
BP Veraison Buyer, LLC (dba Sun World)	First lien senior secured revolving loan	8,716		8,716
Brightway Holdings, LLC	First lien senior secured revolving loan	1,579		3,158
Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.)	First lien senior secured delayed draw term loan	1,111		1,111
Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.)	First lien senior secured revolving loan	79		79
Centrify Corporation	First lien senior secured revolving loan	6,817		—
Circana Group, L.P. (fka The NPD Group, L.P.)	First lien senior secured revolving loan	1,389		1,329
CivicPlus, LLC	First lien senior secured revolving loan	2,213		2,698
Coupa Holdings, LLC	First lien senior secured delayed draw term loan	70		—
Coupa Holdings, LLC	First lien senior secured revolving loan	54		—
Denali BuyerCo, LLC (dba Summit Companies)	First lien senior secured delayed draw term loan	—		1,719
Denali BuyerCo, LLC (dba Summit Companies)	First lien senior secured revolving loan	2,998		2,998

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Notes to Consolidated Financial Statements (Unaudited) - Continued

Portfolio Company	Investment	June 30, 2023	December 31, 2022
Diamondback Acquisition, Inc. (dba Sphera)	First lien senior secured delayed draw term loan	1,080	1,080
Douglas Products and Packaging Company LLC	First lien senior secured revolving loan	2,202	2,447
EET Buyer, Inc. (dba e-Emphasys)	First lien senior secured revolving loan	455	455
Entertainment Benefits Group, LLC	First lien senior secured revolving loan	111	44
Evolution BuyerCo, Inc. (dba SIAA)	First lien senior secured revolving loan	10,709	10,709
Forescout Technologies, Inc.	First lien senior secured delayed draw term loan	48,750	48,750
Forescout Technologies, Inc.	First lien senior secured revolving loan	5,345	5,345
Fortis Solutions Group, LLC	First lien senior secured delayed draw term loan	—	13
Fortis Solutions Group, LLC	First lien senior secured revolving loan	400	400
Fullsteam Operations, LLC	First lien senior secured delayed draw term loan	—	3,987
Gainsight, Inc.	First lien senior secured revolving loan	959	3,357
Galls, LLC	First lien senior secured revolving loan	17,791	17,192
Gaylord Chemical Company, L.L.C.	First lien senior secured revolving loan	13,202	13,202
Gerson Lehrman Group, Inc.	First lien senior secured revolving loan	10,782	21,563
GI Apple Midco LLC (dba Atlas Technical Consultants)	First lien senior secured delayed draw term loan	159	—
GI Apple Midco LLC (dba Atlas Technical Consultants)	First lien senior secured revolving loan	79	—
GI Ranger Intermediate, LLC (dba Rectangle Health)	First lien senior secured revolving loan	221	332
Global Music Rights, LLC	First lien senior secured revolving loan	667	667
Granicus, Inc.	First lien senior secured revolving loan	819	789
H&F Opportunities LUX III S.À R.L (dba Checkmarx)	First lien senior secured revolving loan	16,250	16,250
Hercules Borrower, LLC (dba The Vincit Group)	First lien senior secured revolving loan	18,685	18,685
HGH Purchaser, Inc. (dba Horizon Services)	First lien senior secured delayed draw term loan	—	3,824
HGH Purchaser, Inc. (dba Horizon Services)	First lien senior secured revolving loan	165	6,520
Hissho Sushi Merger Sub LLC	First lien senior secured revolving loan	65	56
Hometown Food Company	First lien senior secured revolving loan	4,235	3,388
Ideal Image Development, LLC	First lien senior secured delayed draw term loan	—	1,463
Ideal Image Development, LLC	First lien senior secured revolving loan	1,829	1,829
Ideal Tridon Holdings, Inc.	First lien senior secured revolving loan	—	2,536
IG Investments Holdings, LLC (dba Insight Global)	First lien senior secured revolving loan	3,974	2,384
Indigo Buyer, Inc. (dba Inovar Packaging Group)	First lien senior secured delayed draw term loan	—	250
Indigo Buyer, Inc. (dba Inovar Packaging Group)	First lien senior secured revolving loan	83	83
BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC)	First lien senior secured revolving loan	19,291	21,567
Inovalon Holdings, Inc.	First lien senior secured delayed draw term loan	18,988	18,988
Integrity Marketing Acquisition, LLC	First lien senior secured revolving loan	14,832	14,832
Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.)	First lien senior secured revolving loan	4,566	—
Interoperability Bidco, Inc. (dba Lyniate)	First lien senior secured revolving loan	3,686	1,522
Kaseya Inc.	First lien senior secured delayed draw term loan	1,065	1,134
Kaseya Inc.	First lien senior secured revolving loan	851	1,134
Lightbeam Bidco, Inc. (dba Lazer Spot)	First lien senior secured delayed draw term loan	595	—
Lightbeam Bidco, Inc. (dba Lazer Spot)	First lien senior secured revolving loan	476	26,833
Lignetics Investment Corp.	First lien senior secured delayed draw term loan	—	3,922
Lignetics Investment Corp.	First lien senior secured revolving loan	157	1,882

102

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Notes to Consolidated Financial Statements (Unaudited) - Continued

Portfolio Company	Investment	June 30, 2023	December 31, 2022
Litera Bidco LLC	First lien senior secured revolving loan	5,738	4,160
Mario Purchaser, LLC (dba Len the Plumber)	First lien senior secured delayed draw term loan	3,729	4,880
Mario Purchaser, LLC (dba Len the Plumber)	First lien senior secured revolving loan	1,381	1,381
Medline Borrower, LP	First lien senior secured revolving loan	7,190	7,190
MHE Intermediate Holdings, LLC (dba OnPoint Group)	First lien senior secured revolving loan	11,496	13,361
Milan Laser Holdings LLC	First lien senior secured revolving loan	2,078	2,078
MINDBODY, Inc.	First lien senior secured revolving loan	6,071	6,071
Ministry Brands Holdings, LLC	First lien senior secured delayed draw term loan	197	226
Ministry Brands Holdings, LLC	First lien senior secured revolving loan	43	34
National Dentex Labs LLC (fka Barracuda Dental LLC)	First lien senior secured revolving loan	1,873	171
Natural Partners, LLC	First lien senior secured revolving loan	68	68
Nelipak Holding Company	First lien senior secured USD revolving loan	6,165	6,299
Nelipak Holding Company	First lien senior secured EUR revolving loan	5,458	4,481
NMI Acquisitionco, Inc. (dba Network Merchants)	First lien senior secured delayed draw term loan	3,077	3,077
NMI Acquisitionco, Inc. (dba Network Merchants)	First lien senior secured revolving loan	1,652	1,652
Norvax, LLC (dba GoHealth)	First lien senior secured revolving loan	12,273	12,273
Notorious Topco, LLC (dba Beauty Industry Group)	First lien senior secured delayed draw term loan	6,385	6,385
Notorious Topco, LLC (dba Beauty Industry Group)	First lien senior secured revolving loan	8,939	7,981
OB Hospitalist Group, Inc.	First lien senior secured revolving loan	8,483	9,897
Ole Smoky Distillery, LLC	First lien senior secured revolving loan	116	116
Pacific BidCo Inc.	First lien senior secured delayed draw term loan	3,436	3,436
Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.)	First lien senior secured revolving loan	13,538	10,637
PCF Holdco, LLC (dba PCF Insurance Services)	Series A Preferred Units	5,825	—
Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services)	First lien senior secured revolving loan	6,161	6,161
Ping Identity Holding Corp.	First lien senior secured revolving loan	91	91
Plasma Buyer LLC (dba PathGroup)	First lien senior secured delayed draw term loan	176	176
Plasma Buyer LLC (dba PathGroup)	First lien senior secured revolving loan	76	76
Pluralsight, LLC	First lien senior secured revolving loan	3,118	3,118
PPV Intermediate Holdings, LLC	First lien senior secured delayed draw term loan	—	110
PPV Intermediate Holdings, LLC	First lien senior secured revolving loan	67	49
Project Power Buyer, LLC (dba PEC-Veriforce)	First lien senior secured revolving loan	3,188	3,188
PS Operating Company LLC (fka QC Supply, LLC)	First lien senior secured revolving loan	1,324	1,159
QAD, Inc.	First lien senior secured revolving loan	3,429	3,429
Quva Pharma, Inc.	First lien senior secured revolving loan	2,160	2,080
Relativity ODA LLC	First lien senior secured revolving loan	7,333	7,333
SailPoint Technologies Holdings, Inc.	First lien senior secured revolving loan	4,358	4,358
Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC)	First lien senior secured revolving loan	2,700	1,980
Securonix, Inc.	First lien senior secured revolving loan	153	153
Sensor Technology Topco, Inc. (dba Humanetics)	First lien senior secured revolving loan	4,525	—
SimpliSafe Holding Corporation	First lien senior secured delayed draw term loan	772	772
Smarsh Inc.	First lien senior secured delayed draw term loan	95	95
Smarsh Inc.	First lien senior secured revolving loan	8	48
Sonny's Enterprises LLC	First lien senior secured delayed draw term loan	1,000	—

103

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Notes to Consolidated Financial Statements (Unaudited) - Continued

Portfolio Company	Investment	June 30, 2023		December 31, 2022
Sonny's Enterprises LLC	First lien senior secured revolving loan	17,969		17,969
Spotless Brands, LLC	First lien senior secured revolving loan	1,305		1,305
Summit Acquisition Inc. (dba K2 Insurance Services)	First lien senior secured delayed draw term loan	178		—
Summit Acquisition Inc. (dba K2 Insurance Services)	First lien senior secured revolving loan	89		—
Swipe Acquisition Corporation (dba PLI)	First lien senior secured delayed draw term loan	6,228		6,228
Swipe Acquisition Corporation (dba PLI)	Letter of Credit	7,118		7,118
SWK BUYER, Inc. (dba Stonewall Kitchen)	First lien senior secured delayed draw term loan	—		175
SWK BUYER, Inc. (dba Stonewall Kitchen)	First lien senior secured revolving loan	5		46
Tahoe Finco, LLC	First lien senior secured revolving loan	9,244		9,244
Tall Tree Foods, Inc.	First lien senior secured delayed draw term loan	1,500		—
Tamarack Intermediate, L.L.C. (dba Verisk 3E)	First lien senior secured revolving loan	117		116
Tempo Buyer Corp. (dba Global Claims Services)	First lien senior secured delayed draw term loan	308		308
Tempo Buyer Corp. (dba Global Claims Services)	First lien senior secured revolving loan	95		141
The Shade Store, LLC	First lien senior secured revolving loan	436		655
THG Acquisition, LLC (dba Hilb)	First lien senior secured revolving loan	6,695		8,608
Thunder Purchaser, Inc. (dba Vector Solutions)	First lien senior secured delayed draw term loan	7,018		7,018
Thunder Purchaser, Inc. (dba Vector Solutions)	First lien senior secured revolving loan	603		2,522
Troon Golf, L.L.C.	First lien senior secured revolving loan	21,622		21,622
Ultimate Baked Goods Midco, LLC	First lien senior secured revolving loan	9,946		7,335
Unified Women's Healthcare, LP	First lien senior secured delayed draw term loan	4		33
Unified Women's Healthcare, LP	First lien senior secured revolving loan	88		88
USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners)	First lien senior secured revolving loan	4,239		4,239
Valence Surface Technologies LLC	First lien senior secured revolving loan	49		49
Velocity HoldCo III Inc. (dba VelocityEHS)	First lien senior secured revolving loan	447		1,072
Walker Edison Furniture Company LLC	First lien senior secured delayed draw term loan	2,248		—
When I Work, Inc.	First lien senior secured revolving loan	925		925
Wingspire Capital Holdings LLC	LLC Interest	49,855		35,855
WU Holdco, Inc. (dba Weiman Products, LLC)	First lien senior secured revolving loan	8,066		9,219
Zendesk, Inc.	First lien senior secured delayed draw term loan	17,352		17,352
Zendesk, Inc.	First lien senior secured revolving loan	7,145		7,145
Total Unfunded Portfolio Company Commitments		$	808,440	$	926,091

As of June 30, 2023, the Company believed they had adequate financial resources to satisfy the unfunded portfolio company commitments.

104

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Notes to Consolidated Financial Statements (Unaudited) - Continued

Other Commitments and Contingencies

On November 3, 2020, the Board approved the 2020 Repurchase Program (the “2020 Repurchase Program”) under which the Company may repurchase up to $100 million of the Company’s outstanding common stock. Under the 2020 Repurchase Program, purchases were made at management’s discretion from time to time in open-market transactions, in accordance with all applicable securities laws and regulations. Unless extended by the Board, the 2020 Repurchase Program will terminate 12-months from the date it was approved. On November 2, 2021, the Board approved an extension to the 2020 Repurchase Program for an additional 12-months. As of December 31, 2022, Goldman Sachs & Co., as agent, had repurchased 944,076 shares of the Company’s common stock pursuant to the 2020 Repurchase Program for approximately $12.6 million. On November 2, 2022, the 2020 Repurchase Program ended in accordance with its terms.

On November 1, 2022, the Board approved the 2022 Stock Repurchase Program (the “2022 Stock Repurchase Program”) under which we may repurchase up to $150 million of our outstanding common stock. Under the 2022 Stock Repurchase Program, purchases may be made at management’s discretion from time to time in open-market transactions, in accordance with all applicable securities laws and regulations. Unless extended by the Board, the 2022 Stock Repurchase Program will terminate 18-months from the date it was approved. Since the 2022 Stock Repurchase Program’s inception, Goldman, Sachs & Co., as agent, has repurchased 4,090,138 shares of the Company’s common stock pursuant to the 2022 Stock Repurchase Plan for approximately $50.0 million as of June 30, 2023.

From time to time, the Company may become a party to certain legal proceedings incidental to the normal course of its business. At June 30, 2023, management was not aware of any material pending or threatened litigation that would require accounting recognition or financial statement disclosure.

105

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Notes to Consolidated Financial Statements (Unaudited) - Continued

Note 8. Net Assets

Equity Issuances

The Company has the authority to issue 500,000,000 common shares at $0.01 per share par value.

There were no sales of the Company’s common stock during the six months ended June 30, 2023 and 2022.

Distributions

The tables below present the distributions declared on shares of the Company’s common stock for the following periods:

	For the Six Months Ended June 30, 2023
Date Declared	Record Date	Payment Date	Distribution per Share
February 21, 2023	March 31, 2023	April 14, 2023	$	0.33
February 21, 2023 (supplemental dividend)	March 3, 2023	March 17, 2023	$	0.04
May 9, 2023	June 30, 2023	July 14, 2023	$	0.33
May 9, 2023 (supplemental dividend)	May 31, 2023	June 15, 2023	$	0.06

	For the Six Months Ended June 30, 2022
Date Declared	Record Date	Payment Date	Distribution per Share
February 23, 2022	March 31, 2022	May 13, 2022	$	0.31
May 4, 2022	June 30, 2022	August 15, 2022	$	0.31

Dividend Reinvestment

With respect to distributions, the Company has adopted an “opt out” dividend reinvestment plan for common shareholders. As a result, in the event of a declared distribution, each shareholder that has not “opted out” of the dividend reinvestment plan will have their dividends or distributions automatically reinvested in additional shares of the Company’s common stock rather than receiving cash distributions. If newly issued shares are used to implement the dividend reinvestment plan, the number of shares to be issued to a shareholder will be determined by dividing the total dollar amount of the cash dividend or distribution payable to a shareholder by the market price per share of our common stock at the close of regular trading on the New York Stock Exchange on the payment date of a distribution, or if no sale is reported for such day, the average of the reported bid and ask prices. However, if the market price per share on the payment date of a cash dividend or distribution exceeds the most recently computed net asset value per share, we will issue shares at the greater of (i) the most recently computed net asset value per share and (ii) 95% of the current market price per share (or such lesser discount to the current market price per share that still exceeded the most recently computed net asset value per share). If shares are purchased in the open market to implement the dividend reinvestment plan, the number of shares to be issued to a shareholder shall be determined by dividing the dollar amount of the cash dividend payable to such shareholder by the weighted average price per share for all shares purchased by the plan administrator in the open market in connection with the dividend. Shareholders who receive distributions in the form of shares of common stock will be subject to the same U.S. federal, state and local tax consequences as if they received cash distributions.

The following tables presents the shares distributed pursuant to the dividend reinvestment plan for the following periods:

	For the Six Months Ended June 30, 2023
Date Declared	Record Date	Payment Date	Shares
November 2, 2022	March 31, 2023	January 13, 2023	583,495	(1)
February 21, 2023 (supplemental dividend)	March 3, 2023	March 17, 2023	77,157	(1)
February 21, 2023	March 31, 2023	April 14, 2023	558,872	(1)
May 9, 2023 (supplemental dividend)	May 31, 2023	June 15, 2023	84,363	(1)

_______________

(1)Shares purchased in the open market in order to satisfy dividends reinvested under our dividend reinvestment program.

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Notes to Consolidated Financial Statements (Unaudited) - Continued

	For the Six Months Ended June 30, 2022
Date Declared	Record Date	Payment Date	Shares
November 2, 2021	December 31, 2021	January 31, 2022	814,084
February 23, 2022	March 31, 2022	May 15, 2022	830,764	(1)

_______________

(1)Shares purchased in the open market in order to satisfy dividends reinvested under our dividend reinvestment program.

2020 Stock Repurchase Program

On November 3, 2020, the Board approved the 2020 Repurchase Program under which the Company was authorized to repurchase up to $100 million of the Company’s outstanding common stock. Under the 2020 Repurchase Program program, purchases were made at management’s discretion from time to time in open-market transactions, in accordance with all applicable securities laws and regulations. On November 2, 2021, the Board approved an extension to the 2020 Repurchase Program for an additional 12-months and on November 2, 2022, the 2020 Repurchase Program ended in accordance with its terms. As of December 31, 2022, Goldman, Sachs & Co., as agent, has repurchased 944,076 shares of the Company’s common stock pursuant to the 2020 Stock Repurchase Plan for approximately $12.6 million.

2022 Stock Repurchase Program

On November 1, 2022, the Board approved the 2022 Stock Repurchase Program under which we may repurchase up to $150 million of our outstanding common stock. Under the 2022 Stock Repurchase Program, purchases may be made at management’s discretion from time to time in open-market transactions, in accordance with all applicable securities laws and regulations. Unless extended by the Board, the 2022 Stock Repurchase Program will terminate 18-months from the date it was approved. Since the 2022 Stock Repurchase Program’s inception, Goldman, Sachs & Co., as agent, has repurchased 4,090,138 shares of the Company’s common stock pursuant to the 2022 Stock Repurchase Plan for approximately $50.0 million. For the period ended June 30, 2023, repurchases under the 2022 Repurchase Program was as follows:

Period ($ in millions, except share and per share amounts)	Total Number of Shares Repurchased	Average Price Paid per Share		Approximate Dollar Value of Shares that have been Purchased Under the Plans		Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plan
January 1, 2023 - January 31, 2023	1,493,034	$	12.19	$	18.2	$	115.9
February 1, 2023 - February 28, 2023	29,154	$	12.98	$	0.4	$	115.5
March 1, 2023 - March 31, 2023	278,419	$	12.61	$	3.5	$	112.0
April 1, 2023 - April 30, 2023	687,545	$	12.65	$	8.7	$	103.3
May 1, 2023 - May 31, 2023	190,355	$	12.53	$	2.4	$	100.9
June 1, 2023 - June 30, 2023	65,305	$	13.50	$	0.9	$	100.0
Total	2,743,812			$	34.1

Note 9. Earnings Per Share

The following table presents the computation of basic and diluted earnings per common share for the following periods:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
($ in thousands, except per share amounts)	2023		2022		2023		2022
Increase (decrease) in net assets resulting from operations	$	195,562	$	(34,946)	$	397,405	$	9,039
Weighted average shares of common stock outstanding—basic and diluted	389,930,979		394,184,560		390,487,912		394,246,724
Earnings per common share-basic and diluted	$	0.50	$	(0.09)	$	1.02	$	0.02

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Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Note 10. Income Taxes

The Company has elected to be treated as a RIC under Subchapter M of the Code, and intends to operate in a manner so as to continue to qualify for the tax treatment applicable to RICs. To qualify for tax treatment as a RIC, the Company must, among other things, distribute to its shareholders in each taxable year generally at least 90% of the Company’s investment company taxable income, as defined by the Code, and net tax-exempt income for that taxable year. In addition, a RIC may, in certain cases, satisfy this distribution requirement by distributing dividends relating to a taxable year after the close of such taxable year under the “spillover dividend” provisions of Subchapter M. To maintain tax treatment as a RIC, the Company, among other things, intends to make the requisite distributions to its shareholders, which generally relieves the Company from corporate-level U.S. federal income taxes.

Depending on the level of taxable income earned in a tax year, the Company can be expected to carry forward taxable income (including net capital gains, if any) in excess of current year dividend distributions from the current tax year into the next tax year and pay a nondeductible 4% U.S. federal excise tax on such taxable income, as required. To the extent that the Company determines that its estimated current year annual taxable income will be in excess of estimated current year dividend distributions from such income, the Company will accrue excise tax on estimated excess taxable income.

For the three and six months ended June 30, 2023 we recorded U.S. federal income tax expense/(benefit) of $2.4 million and $5.8 million, respectively, including U.S. federal excise tax expense/(benefit) of $1.2 million and $2.7 million, respectively. For the three and six months ended June 30, 2022 we recorded U.S. federal income tax expense/(benefit) of $1.6 million and $2.4 million, respectively, including no U.S. federal excise tax expense/(benefit).

Taxable Subsidiaries

Certain of the Company’s consolidated subsidiaries are subject to U.S. federal and state income taxes. For the three and six months ended June 30, 2023, the Company recorded a current tax expense of $0.5 million and $1.0 million, respectively. For the three and six months ended June 30, 2022, the Company recorded a current tax expense of $0.6 million and $0.6 million, respectively. The income tax expense for the Company’s taxable consolidated subsidiaries will vary depending on the level of investment income earnings and realized gains from the exits of investments held by such taxable subsidiaries during the respective periods.

The Company recorded a net deferred tax liability of $20.8 million and $16.0 million as of June 30, 2023 and December 31, 2022, respectively, for taxable subsidiaries, which is significantly related to GAAP to tax outside basis differences in the taxable subsidiaries' investment in certain partnership interests.

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Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Note 11. Financial Highlights

The table below presents the financial highlights for a common share outstanding for the following periods:

	For the Six Months Ended June 30,
($ in thousands, except share and per share amounts)	2023			2022
Per share data:
Net asset value, beginning of period	$	14.99		$	15.08
Net investment income(1)	0.93			0.63
Net realized and unrealized gain (loss)	0.09			(0.61)
Total from operations	1.02			0.02
Repurchase of common shares(2)	0.01			—
Distributions declared from earnings(2)	(0.76)			(0.62)
Total increase (decrease) in net assets	0.27			(0.60)
Net asset value, end of period	$	15.26		$	14.48
Shares outstanding, end of period	389,732,875			393,823,013
Per share market value at end of period	$	13.42		$	12.33
Total Return, based on market value(3)	23.1		%	(8.7)		%
Total Return, based on net asset value(4)	7.5		%	0.4		%
Ratios / Supplemental Data(5)
Ratio of total expenses to average net assets(6)	13.8		%	9.9		%
Ratio of net investment income to average net assets(6)	12.3		%	8.5		%
Net assets, end of period	$	5,948,964		$	5,704,446
Weighted-average shares outstanding	390,487,912			394,246,724
Portfolio turnover rate	1.9		%	7.6		%

_______________

(1)The per share data was derived using the weighted average shares outstanding during the period.

(2)The per share data was derived using actual shares outstanding at the date of the relevant transaction.

(3)Total return based on market value is calculated as the change in market value per share during the respective periods, taking into account dividends and distributions, if any, reinvested in accordance with the Company’s dividend reinvestment plan.

(4)Total return is calculated as the change in net asset value (“NAV”) per share during the period, plus distributions per share (assuming dividends and distributions, if any, are reinvested in accordance with the Company’s dividend reinvestment plan), if any, divided by the beginning NAV per share.

(5)Does not include expenses of investment companies in which the Company invests.

(6)The ratios reflect annualized amounts, except in the case of non-recurring expenses (e.g. initial organization expenses).

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Blue Owl Capital Corporation

Notes to Consolidated Financial Statements (Unaudited) - Continued

Note 12. Subsequent Events

In preparing these financial statements, the Company has evaluated events and transactions for potential recognition or disclosure through the date of issuance. There are no subsequent events to disclose except for the following:

Blue Owl Capital Corporation was formerly known as “Owl Rock Capital Corporation.” On June 22, 2023, the Company filed Articles of Amendment in the state of Maryland to formally change the Company’s name to “Blue Owl Capital Corporation.” The Company’s new name took effect on July 6, 2023 and the Company's ticker symbol on the New York Stock Exchange changed to “OBDC.”

On July 18, 2023, Owl Rock CLO II, LLC entered into a second supplemental indenture to the CLO II Indenture, which made certain benchmark conforming changes to facilitate the transition of the reference rate applicable to the securities issued under the CLO II Indenture from LIBOR to term SOFR plus a spread adjustment.

On July 18, 2023, Owl Rock CLO III, LLC entered into a second supplemental indenture to the CLO III Indenture, which made certain benchmark conforming changes to facilitate the transition of the reference rate applicable to the securities issued under the CLO II Indenture from LIBOR to term SOFR plus a spread adjustment.

On July 18, 2023, Owl Rock CLO IV, LLC entered into a second supplemental indenture to the CLO IV Indenture, which made certain benchmark conforming changes to facilitate the transition of the reference rate applicable to the securities issued under the CLO IV Indenture from LIBOR to term SOFR plus a spread adjustment.

On July 18, 2023, Owl Rock CLO VI, LLC entered into a supplemental indenture to the CLO VI Indenture, which made certain benchmark conforming changes to facilitate the transition of the reference rate applicable to the securities issued under the CLO VI Indenture from LIBOR to term SOFR plus a spread adjustment.

On August 8, 2023, the Board declared a third quarter dividend of $0.33 per share for stockholders of record as of September 29, 2023, payable on or before October 13, 2023 and a second quarter supplemental of $0.07 per share for stockholders of record as of August 31, 2023, payable on or before September 15, 2023.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The information contained in this section should be read in conjunction with “ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS”. This discussion contains forward-looking statements, which relate to future events or the future performance or financial condition of Blue Owl Capital Corporation and involves numerous risks and uncertainties, including, but not limited to, those described in our Form 10-K for fiscal year December 31, 2022 and our Form 10-Q for the quarter ended March 31, 2023 in “ITEM 1A. RISK FACTORS.” This discussion also should be read in conjunction with the “Cautionary Statement Regarding Forward Looking Statements” set forth on page 1 of this Quarterly Report on Form 10-Q. Actual results could differ materially from those implied or expressed in any forward-looking statements.

Overview

Blue Owl Capital Corporation (fka Owl Rock Capital Corporation) (the “Company”, “we”, “us” or “our”) is a Maryland corporation formed on October 15, 2015. We were formed primarily to originate and make loans to, and make debt and equity investments in, U.S. middle market companies. We invest in senior secured or unsecured loans, subordinated loans or mezzanine loans and, to a lesser extent, equity and equity-related securities including warrants, preferred stock and similar forms of senior equity, which may or may not be convertible into a portfolio company’s common equity. Our investment objective is to generate current income, and to a lesser extent, capital appreciation by targeting investment opportunities with favorable risk-adjusted returns.

We are managed by Blue Owl Credit Advisors LLC (fka Owl Rock Capital Advisors LLC) (“the Adviser” or “our Adviser”). The Adviser is registered with the U.S. Securities and Exchange Commission (the “SEC”) as an investment adviser under the Investment Advisers Act of 1940, as amended (the "Advisers Act"), an indirect affiliate of Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL) and part of Blue Owl’s Credit platform, which focuses on direct lending. Subject to the overall supervision of our board of directors (“the Board” or “our Board”), the Adviser manages our day-to-day operations, and provides investment advisory and management services to us. The Adviser or its affiliates may engage in certain origination activities and receive attendant arrangement, structuring or similar fees. The Adviser is responsible for managing our business and activities, including sourcing investment opportunities, conducting research, performing diligence on potential investments, structuring our investments, and monitoring our portfolio companies on an ongoing basis through a team of investment professionals.

On July 22, 2019, we closed our initial public offering (“IPO”) and our common stock began trading on the New York Stock Exchange (“NYSE”) on July 18, 2019. Since July 6, 2023, our common stock trades on the NYSE under the symbol "OBDC."

The Adviser also serves as investment adviser to Blue Owl Capital Corporation II (fka Owl Rock Capital Corporation II) and Blue Owl Credit Income Corp. (fka Owl Rock Core Income Corp.).

Blue Owl consists of three investment platforms: (1) Credit, which focuses on direct lending, (2) GP Strategic Capital, which focuses on providing capital to institutional alternative asset managers, and (3) Real Estate, which focuses on real estate strategies. Blue Owl’s Credit platform is comprised of the Adviser, Blue Owl Technology Credit Advisors LLC (“OTCA”), Blue Owl Technology Credit Advisors II LLC (“OTCA II”), Blue Owl Credit Private Fund Advisors LLC (“OPFA”) and Blue Owl Diversified Credit Advisors LLC (“ODCA” and together with the Adviser, OTCA, OTCA II, and OPFA, the “Blue Owl Credit Advisers”), which also are registered investment advisers. As of June 30, 2023, the Adviser and its affiliates had $73.8 billion of assets under management across the Blue Owl Credit platform.

The management of our investment portfolio is the responsibility of the Adviser and the Investment Committee. We consider these individuals to be our portfolio managers. The Investment Team, is led by Douglas I. Ostrover, Marc S. Lipschultz and Craig W. Packer and is supported by certain members of the Adviser's senior executive team and the Investment Committee. The Investment Team, under the Investment Committee's supervision, sources investment opportunities, conducts research, performs due diligence on potential investments, structures our investments and will monitor our portfolio companies on an ongoing basis. The Investment Committee is comprised of Douglas I. Ostrover, Marc S. Lipschultz, Craig W. Packer, Alexis Maged and Jeff Walwyn. The Investment Committee meets regularly to consider our investments, direct our strategic initiatives and supervise the actions taken by the Adviser on our behalf. In addition, the Investment Committee reviews and determines whether to make prospective investments (including approving parameters or guidelines pursuant to which investments in broadly syndicated loans may be bought and sold), structures financings and monitors the performance of the investment portfolio. Each investment opportunity requires the approval of a majority of the Investment Committee. Follow-on investments in existing portfolio companies may require the Investment Committee's approval beyond that obtained when the initial investment in the portfolio company was made. In addition, temporary investments, such as those in cash equivalents, U.S. government securities and other high quality debt investments that mature in one year or less, may require approval by the Investment Committee. The compensation packages of certain Investment Committee members from the Adviser include various combinations of discretionary bonuses and variable incentive compensation based primarily on performance for services provided and may include shares of Blue Owl.

We may be prohibited under the 1940 Act from participating in certain transactions with our affiliates without the prior approval of our directors who are not interested persons and, in some cases, the prior approval of the SEC. We, our Adviser and certain affiliates have been granted an order for exemptive relief (the “Order”) by the SEC to permit us to co-invest with other funds managed by our Adviser or certain of its affiliates, in a manner consistent with our investment objective, positions, policies, strategies and restrictions as well as regulatory requirements and other pertinent factors. Pursuant to the Order, we generally are permitted to co-invest with certain of our affiliates if a “required majority” (as defined in Section 57(o) of the 1940 Act) of our independent directors

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make certain conclusions in connection with a co-investment transaction, including that (1) the terms of the transactions, including the consideration to be paid, are reasonable and fair to us and our shareholders and do not involve overreaching by us or our shareholders on the part of any person concerned, (2) the transaction is consistent with the interests of our shareholders and is consistent with our investment objective and strategies, (3) the investment by our affiliates would not disadvantage us, and our participation would not be on a basis different from or less advantageous than that on which our affiliates are investing and (4) the proposed investment by us would not benefit our Adviser or its affiliates or any affiliated person of any of them (other than the parties to the transaction), except to the extent permitted by the exemptive relief and applicable law, including the limitations set forth in Section 57(k) of the 1940 Act.

In addition, we received an amendment to the Order to permit us to continue to co-invest in our existing portfolio companies with certain affiliates that are private funds if such private funds did not have an investment in such existing portfolio company.

The Blue Owl Credit Advisers’ investment allocation policy seeks to ensure equitable allocation of investment opportunities over time between us and other funds managed by our Adviser or its affiliates. As a result of the Order, there could be significant overlap in our investment portfolio and the investment portfolio of the Blue Owl Credit Clients and/or other funds managed by the Adviser or its affiliates that could avail themselves of the exemptive relief and that have an investment objective similar to ours.

On April 27, 2016, we formed a wholly-owned subsidiary, OR Lending LLC, a Delaware limited liability company, which holds a California finance lenders license. OR Lending LLC makes loans to borrowers headquartered in California. From time to time we may form wholly-owned subsidiaries to facilitate our normal course of business.

Certain consolidated subsidiaries of ours are subject to U.S. federal and state corporate-level income taxes.

We have elected to be regulated as a BDC under the 1940 Act and as a regulated investment company (“RIC”) for tax purposes under the Internal Revenue Code of 1986, as amended (the “Code”). As a result, we are required to comply with various statutory and regulatory requirements, such as:

•the requirement to invest at least 70% of our assets in “qualifying assets”, as such term is defined in the 1940 Act;

•source of income limitations;

•asset diversification requirements; and

•the requirement to distribute (or be treated as distributing) in each taxable year at least 90% of our investment company taxable income and tax-exempt interest for that taxable year.

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Our Investment Framework

We are a Maryland corporation organized primarily to originate and make loans to, and make debt and equity investments in, U.S. middle market companies. Our investment objective is to generate current income, and to a lesser extent, capital appreciation by targeting investment opportunities with favorable risk-adjusted returns. Since our Adviser and its affiliates began investment activities in April 2016 through June 30, 2023, our Adviser and its affiliates have originated $78.0 billion aggregate principal amount of investments, of which $74.4 billion of aggregate principal amount of investments prior to any subsequent exits or repayments, was retained by either us or a corporation or fund advised by our Adviser or its affiliates. We seek to participate in transactions sponsored by what we believe to be high-quality private equity and venture capital firms capable of providing both operational and financial resources. We seek to generate current income primarily in U.S. middle market companies, both sponsored and non-sponsored, through direct originations of senior secured loans or originations of unsecured loans, subordinated loans or mezzanine loans, broadly syndicated loans and, to a lesser extent, investments in equity and equity-related securities including warrants, preferred stock and similar forms of senior equity. Our equity investments are typically not control-oriented investments and we may structure such equity investments to include provisions protecting our rights as a minority-interest holder.

We define “middle market companies” generally to mean companies with earnings before interest expense, income tax expense, depreciation and amortization, or “EBITDA,” between $10 million and $250 million annually and/or annual revenue of $50 million to $2.5 billion at the time of investment, although we may on occasion invest in smaller or larger companies if an opportunity presents itself. We generally seek to invest in companies with a loan-to-value ratio of 50% or below.

We expect that generally our portfolio composition will be majority debt or income producing securities, which may include “covenant-lite” loans (as defined below), with a lesser allocation to equity or equity-linked opportunities, which we may hold directly or through special purpose vehicles. In addition, we may invest a portion of our portfolio in opportunistic investments and broadly syndicated loans, which will not be our primary focus, but will be intended to enhance returns to our shareholders and from time to time, we may evaluate and enter into strategic portfolio transactions which may result in additional portfolio companies which we are considered to control. These investments may include high-yield bonds and broadly-syndicated loans, including publicly traded debt instruments, which are typically originated and structured by banks on behalf of large corporate borrowers with employee counts, revenues, EBITDAs and enterprise values larger than those of middle market companies described above, and equity investments in portfolio companies that make senior secured loans or invest in broadly syndicated loans or structured products, such as life settlements and royalty interests. In addition, we generally do not intend to invest more than 20% of our total assets in companies whose principal place of business is outside the United States, although we do not generally intend to invest in companies whose principal place of business is in an emerging market. Our portfolio composition may fluctuate from time to time based on market conditions and interest rates.

Covenants are contractual restrictions that lenders place on companies to limit the corporate actions a company may pursue. Generally, the loans in which we expect to invest will have financial maintenance covenants, which are used to proactively address materially adverse changes in a portfolio company’s financial performance. However, to a lesser extent, we may invest in “covenant-lite” loans. We use the term “covenant-lite” to refer generally to loans that do not have a complete set of financial maintenance covenants. Generally, “covenant-lite” loans provide borrower companies more freedom to negatively impact lenders because their covenants are incurrence-based, which means they are only tested and can only be breached following an affirmative action of the borrower, rather than by a deterioration in the borrower’s financial condition. Accordingly, to the extent we invest in “covenant-lite” loans, we may have fewer rights against a borrower and may have a greater risk of loss on such investments as compared to investments in or exposure to loans with financial maintenance covenants.

We target portfolio companies where we can structure larger transactions. As of June 30, 2023, our average debt investment size in each of our portfolio companies was approximately $63.9 million based on fair value. As of June 30, 2023, our portfolio companies, excluding the investment in Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC) ("OBDC SLF") and certain investments that fall outside of our typical borrower profile and represent 81.7% of our total debt portfolio based on fair value, had weighted average annual revenue of $852 million, weighted average annual EBITDA of $186 million and an average interest coverage of 1.9x.

The companies in which we invest use our capital to support their growth, acquisitions, market or product expansion, refinancings and/or recapitalizations. The debt in which we invest typically is not rated by any rating agency, but if these instruments were rated, they would likely receive a rating of below investment grade (that is, below BBB- or Baa3), which is often referred to as “high yield” or “junk”.

A majority of our new investments are indexed to SOFR; however we have material contracts that are indexed to USD-LIBOR and are monitoring this activity, evaluating the related risks and our exposure, and adding alternative language to contracts, where necessary. Certain contracts have an orderly market transition already in process. However, it is not possible to predict the effect of any of these developments, and any future initiatives to regulate, reform or change the manner of administration of LIBOR could result in adverse consequences to the rate of interest payable and receivable on, market value of and market liquidity for LIBOR-based financial instruments.

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Key Components of Our Results of Operations

Investments

We focus primarily on the direct origination of loans to middle market companies domiciled in the United States.

Our level of investment activity (both the number of investments and the size of each investment) can and will vary substantially from period to period depending on many factors, including the amount of debt and equity capital available to middle market companies, the level of merger and acquisition activity for such companies, the general economic environment and the competitive environment for the types of investments we make.

In addition, as part of our risk strategy on investments, we may reduce the levels of certain investments through partial sales or syndication to additional lenders.

Revenues

We generate revenues primarily in the form of interest income from the investments we hold. In addition, we generate income from dividends on either direct equity investments or equity interests obtained in connection with originating loans, such as options, warrants or conversion rights. Our debt investments typically have a term of three to ten years. As of June 30, 2023, 98.1% of our debt investments based on fair value bear interest at a floating rate, subject to interest rate floors, in certain cases. Interest on our debt investments is generally payable either monthly or quarterly.

Our investment portfolio consists primarily of floating rate loans, and our credit facilities bear interest at floating rates. Macro trends in base interest rates like London Interbank Offered Rate (“LIBOR”), the Secured Overnight Financing Rate ("SOFR") and any alternative reference rates may affect our net investment income over the long term. However, because we generally originate loans to a small number of portfolio companies each quarter, and those investments vary in size, our results in any given period, including the interest rate on investments that were sold or repaid in a period compared to the interest rate of new investments made during that period, often are idiosyncratic, and reflect the characteristics of the particular portfolio companies that we invested in or exited during the period and not necessarily any trends in our business or macro trends.

Loan origination fees, original issue discount and market discount or premium are capitalized, and we accrete or amortize such amounts under U.S. generally accepted accounting principles ("U.S. GAAP") as interest income using the effective yield method for term instruments and the straight-line method for revolving or delayed draw instruments. Repayments of our debt investments can reduce interest income from period to period. The frequency or volume of these repayments may fluctuate significantly. We record prepayment premiums on loans as interest income. We may also generate revenue in the form of commitment, loan origination, structuring, or due diligence fees, fees for providing managerial assistance to our portfolio companies and possibly consulting fees.

Dividend income on equity investments is recorded on the record date for private portfolio companies or on the ex-dividend date for publicly traded companies.

Our portfolio activity also reflects the proceeds from sales of investments. We recognize realized gains or losses on investments based on the difference between the net proceeds from the disposition and the amortized cost basis of the investment without regard to unrealized gains or losses previously recognized. We record current period changes in fair value of investments that are measured at fair value as a component of the net change in unrealized gains (losses) on investments in the consolidated statement of operations.

Expenses

Our primary operating expenses include the payment of the management fee and, since the expiration of the incentive fee waiver on October 18, 2020, the incentive fee, expenses reimbursable under the Administration Agreement and Investment Advisory Agreement, legal and professional fees, interest and other debt expenses and other operating expenses. The management fee and incentive fee compensate our Adviser for work in identifying, evaluating, negotiating, closing, monitoring and realizing our investments.

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Except as specifically provided below, all investment professionals and staff of the Adviser, when and to the extent engaged in providing investment advisory and management services to us, the base compensation, bonus and benefits, and the routine overhead expenses of such personnel allocable to such services, are provided and paid for by the Adviser. We bear our allocable portion of the compensation paid by the Adviser (or its affiliates) to our Chief Compliance Officer and Chief Financial Officer and their respective staffs (based on a percentage of time such individuals devote, on an estimated basis, to our business affairs). We bear all other costs and expenses of our operations, administration and transactions, including, but not limited to (i) investment advisory fees, including management fees and incentive fees, to the Adviser, pursuant to the Investment Advisory Agreement; (ii) our allocable portion of overhead and other expenses incurred by the Adviser in performing its administrative obligations under the Administration Agreement; and (iii) all other costs and expenses of its operations and transactions including, without limitation, those relating to:

•the cost of our organization and offerings;

•the cost of calculating our net asset value, including the cost of any third-party valuation services;

•the cost of effecting any sales and repurchases of our common stock and other securities;

•fees and expenses payable under any dealer manager agreements, if any;

•debt service and other costs of borrowings or other financing arrangements;

•costs of hedging;

•expenses, including travel expense, incurred by the Adviser, or members of the investment team, or payable to third parties, performing due diligence on prospective portfolio companies and, if necessary, enforcing our rights;

•transfer agent and custodial fees;

•fees and expenses associated with marketing efforts;

•federal and state registration fees, any stock exchange listing fees and fees payable to rating agencies;

•federal, state and local taxes;

•independent directors’ fees and expenses including certain travel expenses;

•costs of preparing financial statements and maintaining books and records and filing reports or other documents with the SEC (or other regulatory bodies) and other reporting and compliance costs, including registration and listing fees, and the compensation of professionals responsible for the preparation of the foregoing;

•the costs of any reports, proxy statements or other notices to our shareholders (including printing and mailing costs), the costs of any shareholder or director meetings and the compensation of investor relations personnel responsible for the preparation of the foregoing and related matters;

•commissions and other compensation payable to brokers or dealers;

•research and market data;

•fidelity bond, directors’ and officers’ errors and omissions liability insurance and other insurance premiums;

•direct costs and expenses of administration, including printing, mailing, long distance telephone and staff;

•fees and expenses associated with independent audits, outside legal and consulting costs;

•costs of winding up;

•costs incurred in connection with the formation or maintenance of entities or vehicles to hold our assets for tax or other purposes;

•extraordinary expenses (such as litigation or indemnification); and

•costs associated with reporting and compliance obligations under the 1940 Act and applicable federal and state securities laws.

We expect, but cannot assure, that our general and administrative expenses will increase in dollar terms during periods of asset growth, but will decline as a percentage of total assets during such periods.

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Leverage

The amount of leverage we use in any period depends on a variety of factors, including cash available for investing, the cost of financing and general economic and market conditions. Generally, our total borrowings are limited so that we cannot incur additional borrowings, including through the issuance of additional debt securities, if such additional indebtedness would cause our asset coverage ratio to fall below 200% or 150%, if certain requirements are met. This means that generally, $1 for every $1 of investor equity (or, if certain conditions are met, we can borrow up to $2 for every $1 of investor equity). In any period, our interest expense will depend largely on the extent of our borrowing, and we expect interest expense will increase as we increase our debt outstanding. In addition, we may dedicate assets to financing facilities. On June 8, 2020, we received shareholder approval for the application of the modified asset coverage requirements set forth in Section 61(a)(2) of the 1940 Act, as amended by the Small Business Credit Availability Act. As a result, effective on June 9, 2020, our asset coverage requirement applicable to senior securities was reduced from 200% to 150%. Our current target leverage ratio is 0.90x-1.25x.

Market Trends

We believe the middle-market lending environment provides opportunities for us to meet our goal of making investments that generate attractive risk-adjusted returns.

Limited Availability of Capital for Middle-Market Companies. We believe that regulatory and structural factors, industry consolidation and general risk aversion, limit the amount of traditional financing available to U.S. middle-market companies. We believe that many commercial and investment banks have, in recent years, de-emphasized their service and product offerings to middle-market businesses in favor of lending to large corporate clients and managing capital markets transactions. In addition, these lenders may be constrained in their ability to underwrite and hold bank loans and high yield securities for middle-market issuers as they seek to meet existing and future regulatory capital requirements. We also believe that there is a lack of market participants that are willing to hold meaningful amounts of certain middle-market loans. As a result, we believe our ability to minimize syndication risk for a company seeking financing by being able to hold its loans without having to syndicate them, coupled with reduced capacity of traditional lenders to serve the middle-market, present an attractive opportunity to invest in middle-market companies.

Capital Markets Have Been Unable to Fill the Void in U.S. Middle Market Finance Left by Banks. Access to underwritten bond and syndicated loan markets is challenging for middle market companies due to loan issue size and liquidity. For example, high yield bonds are generally purchased by institutional investors, such as mutual funds and exchange traded funds (“ETFs”) who, among other things, are focused on the liquidity characteristics of the bond being issued in order to fund investor redemptions and/or comply with regulatory requirements. Accordingly, the existence of an active secondary market for bonds is an important consideration in these entities’ initial investment decision. Syndicated loans arranged through a bank are done either on a “best efforts” basis or are underwritten with terms plus provisions that permit the underwriters to change certain terms, including pricing, structure, yield and tenor, otherwise known as “flex”, to successfully syndicate the loan, in the event the terms initially marketed are insufficiently attractive to investors. Furthermore, banks are generally reluctant to underwrite middle market loans because the arrangement fees they may earn on the placement of the debt generally are not sufficient to meet the banks’ return hurdles. Loans provided by companies such as ours provide certainty to issuers in that we have a more stable capital base and have the ability to invest in illiquid assets, and we can commit to a given amount of debt on specific terms, at stated coupons and with agreed upon fees. As we are the ultimate holder of the loans, we do not require market “flex” or other arrangements that banks may require when acting on an agency basis. In addition, our Adviser has teams focused on both liquid credit and private credit and these teams are able to collaborate with respect to syndicated loans.

Robust Demand for Debt Capital. The middle market is a large addressable market. According to GE Capital’s National Center for the Middle Market mid-year 2022 Middle Market Indicator, there are approximately 200,000 U.S. middle market companies, which have approximately 48 million aggregate employees. Moreover, the U.S. middle market accounts for one-third of private sector gross domestic product (“GDP”). GE defines U.S. middle market companies as those between $10 million and $1 billion in annual revenue, which we believe has significant overlap with our definition of U.S. middle market companies.We believe U.S. middle market companies will continue to require access to debt capital to refinance existing debt, support growth and finance acquisitions. We believe that periods of market volatility, such as the current period of market volatility caused , in part, by elevated inflation, rising interest rates, and current geopolitical conditions have accentuated the advantages of private credit. The availability of capital in the liquid credit market is highly sensitive to market conditions whereas we believe private lending has proven to be a stable and reliable source of capital through periods of volatility. In addition, we believe the large amount of uninvested capital held by funds of private equity firms broadly, estimated by Preqin Ltd., an alternative assets industry data and research company, to be $2.6 trillion as of June 30, 2023, will continue to drive deal activity. We expect that private equity sponsors will continue to pursue acquisitions and leverage their equity investments with secured loans provided by companies such as us.

Attractive Investment Dynamics. An imbalance between the supply of, and demand for, middle market debt capital creates attractive pricing dynamics. We believe the directly negotiated nature of middle market financings also generally provides more favorable terms to the lender, including stronger covenant and reporting packages, better call protection, and lender-protective change of control provisions. Additionally, we believe BDC managers’ expertise in credit selection and ability to manage through credit cycles has generally resulted in BDCs experiencing lower loss rates than U.S. commercial banks through credit cycles. Further, we

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believe that historical middle market default rates have been lower, and recovery rates have been higher, as compared to the larger market capitalization, broadly distributed market, leading to lower cumulative losses. Lastly, we believe that in the current environment, lenders with available capital may be able to take advantage of attractive investment opportunities as the economy reopens and may be able to achieve improved economic spreads and documentation terms.

Conservative Capital Structures. Following the global credit crisis, which we define broadly as occurring between mid-2007 and mid-2009, lenders have generally required borrowers to maintain more equity as a percentage of their total capitalization, specifically to protect lenders during economic downturns. With more conservative capital structures, U.S. middle market companies have exhibited higher levels of cash flows available to service their debt. In addition, U.S. middle market companies often are characterized by simpler capital structures than larger borrowers, which facilitates a streamlined underwriting process and, when necessary, restructuring process.

Attractive Opportunities in Investments in Loans. We invest in senior secured or unsecured loans, subordinated loans or mezzanine loans and, to a lesser extent, equity and equity-related securities. We believe that opportunities in senior secured loans are significant because of the floating rate structure of most senior secured debt issuances and because of the strong defensive characteristics of these types of investments. We believe that debt issues with floating interest rates offer a superior return profile as compared with fixed-rate investments, since floating rate structures are generally less susceptible to declines in value experienced by fixed-rate securities in a rising interest rate environment. Senior secured debt also provides strong defensive characteristics. Senior secured debt has priority in payment among an issuer’s security holders whereby holders are due to receive payment before junior creditors and equity holders. Further, these investments are secured by the issuer’s assets, which may provide protection in the event of a default.

Portfolio and Investment Activity

As of June 30, 2023, based on fair value, our portfolio consisted of 69.1% first lien senior secured debt investments (of which 68% we consider to be unitranche debt investments (including “last out” portions of such loans)), 14.1% second lien senior secured debt investments, 2.1% unsecured debt investments, 3.1% preferred equity investments, 8.8% common equity investments and 2.8% joint ventures.

As of June 30, 2023, our weighted average total yield of the portfolio at fair value and amortized cost was 11.7% and 11.8%, respectively, and our weighted average yield of accruing debt and income producing securities at fair value and amortized cost was 12.2% and 12.2%, respectively. Refer to our weighted average yields and interest rates table for more information on our calculation of weighted average yields. As of June 30, 2023, the weighted average spread of total debt investments was 6.8%.

As of June 30, 2023, we had investments in 187 portfolio companies with an aggregate fair value of $12.9 billion. As of June 30, 2023 we had net leverage of 1.14x debt-to-equity, which is within our target range.

We expect the pace of our originations to vary with the pace of repayments. In periods with lower repayment volume, the pace of our originations is expected to slow. Currently, rising interest rates, reduced refinancing activity and market uncertainty has led to a decline in merger and acquisitions activity which in turn has led to moderate repayments and originations over the quarter. In addition, although the pace of originations remains slow, the credit quality of our portfolio has been consistent. We continue to focus on investing in recession resistant industries that we are familiar with, including service oriented sectors such as software, insurance, food and beverage and healthcare, and on additional financings to our existing borrowers. The majority of our investments are supported by sophisticated financial sponsors who provide operational and financial resources. In addition, the current lending environment is favorable to direct lenders, which gives us the ability to structure the terms and spreads of such deals to include wider spreads, lower loan to values, extended call protection, attractive leverage profiles and credit protections.

Many of the companies in which we invest have experienced relief and are experiencing improved profitability from earlier supply chain disruptions resulting from the pandemic, the war between Russia and Ukraine and elements of geopolitical, economic and financial market instability. In addition, we have seen a moderation in input costs which has helped to offset the impact of rising rates and support growth. These companies are continuing to see solid demand with modest growth in both revenues and EBITDA. However, in the event that the U.S. economy enters into a recession, it is possible that the results of some of the middle market companies similar to those in which we invest could experience deterioration. While we are not seeing signs of an overall, broad deterioration in our results or those of our portfolio companies at this time, there can be no assurance that the performance of certain of our portfolio companies will not be negatively impacted by economic conditions, which could have a negative impact on our future results.

We also continue to invest in specialty financing portfolio companies, including OBDC SLF, Wingspire Capital Holdings LLC (“Wingspire”), Fifth Season Investment LLC ("Fifth Season"), LSI Financing DAC 1 ("LSI Financing"), and AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series2.1 Aviation Feeder, LLC (collectively, "Amergin AssetCo"). These companies may use our capital to support acquisitions which could continue to lead to increased dividend income supported by well-diversified underlying portfolios. See "Specialty Financing Portfolio Companies."

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We are continuing to monitor the effect that market volatility, including as a result of a rising interest rate environment and uncertainty in the banking sector may have on our portfolio companies and our investment activities. Although we anticipate that a shift in consumer demand may lead to a contraction in the economy, we believe that the rapid rise in interest rates will meaningfully benefit our net investment income as we continue to see the impact of interest rates exceeding our interest rate floors. For example, based on interest rate elections in effect as of June 30, 2023, the average base rate on our floating rate debt investments is approximately 5.2% and could increase further as interest contracts reset throughout the three months ended September 30, 2023.

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(1)Refer to footnote (1) of our weighted average yields and interest rates table for more information on our calculation of weighted average yields.

The table below presents our investment activity for the following periods (information presented herein is at par value unless otherwise indicated):

	For the Three Months Ended June 30,
($ in thousands)	2023			2022
New investment commitments
Gross originations	$	182,955		$	824,641
Less: Sell downs	—			(221,256)
Total new investment commitments	$	182,955		$	603,385
Principal amount of investments funded:
First-lien senior secured debt investments	$	110,178		$	242,916
Second-lien senior secured debt investments	—			883
Unsecured debt investments	—			20,462
Preferred equity investments	—			42,665
Common equity investments	16,535			15,120
Joint ventures(3)	42,875			19,250
Total principal amount of investments funded	$	169,588		$	341,296
Principal amount of investments sold or repaid:
First-lien senior secured debt investments	$	(528,569)		$	(488,251)
Second-lien senior secured debt investments	(35,850)			—
Unsecured debt investments	—			—
Preferred equity investments	(1,589)			—
Common equity investments	(195)			—
Joint ventures(3)	—			—
Total principal amount of investments sold or repaid	$	(566,203)		$	(488,251)
Number of new investment commitments in new portfolio companies(1)	5			16
Average new investment commitment amount	$	23,800		$	15,432
Weighted average term for new debt investment commitments (in years)	3.7			5.9
Percentage of new debt investment commitments at    floating rates	100.0		%	100.0		%
Percentage of new debt investment commitments at    fixed rates	—		%	—		%
Weighted average interest rate of new debt investment    commitments(2)	11.9		%	9.5		%
Weighted average spread over applicable base rate of new floating rate debt investment commitments	6.6		%	7.2		%

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(1)Number of new investment commitments represents commitments to a particular portfolio company.

(2)For the three months ended June 30, 2023, assumes each floating rate commitment is subject to the greater of the interest rate floor (if applicable) or 3-month SOFR, which was 5.27% as of June 30, 2023. For the three months ended June 30, 2022, assumes each floating rate commitment is subject to the greater of the interest rate floor (if applicable) or 3-month SOFR, which was 2.12% as of June 30, 2022.

(3)This was disclosed as “Investment funds and vehicles” as of June 30, 2022.

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The table below presents our investments as of the following periods:

	June 30, 2023				December 31, 2022
($ in thousands)	Amortized Cost		Fair Value		Amortized Cost		Fair Value
First-lien senior secured debt investments(3)	$	8,954,884	$	8,898,911	$	9,388,499	$	9,279,179
Second-lien senior secured debt investments	1,889,071		1,822,865		1,934,274		1,860,978
Unsecured debt investments	284,905		273,372		270,714		248,019
Preferred equity investments(4)	403,517		400,625		361,690		355,261
Common equity investments(1)	906,255		1,132,742		772,116		977,927
Joint ventures(2)(5)	385,339		364,428		318,839		288,981
Total Investments	$	12,823,971	$	12,892,943	$	13,046,132	$	13,010,345

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(1)Includes investment in Wingspire, Amergin AssetCo, and Fifth Season.

(2)Includes investment in OBDC SLF.

(3)68% and 69% of which we consider unitranche loans as of June 30, 2023 and December 31, 2022, respectively.

(4)Includes investment in LSI Financing.

(5)This was disclosed as “Investment funds and vehicles” as of December 31, 2022.

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The table below presents investments by industry composition based on fair value as of the following periods:

	June 30, 2023		December 31, 2022
Advertising and media	1.5	%	1.5	%
Aerospace and defense	2.9		2.8
Asset based lending and fund finance(1)	5.7		4.9
Automotive	2.0		1.5
Buildings and real estate	3.8		3.7
Business services	3.0		2.9
Chemicals	1.5		1.6
Consumer products	3.9		3.9
Containers and packaging	1.3		1.3
Distribution	3.6		4.2
Education	1.0		1.0
Financial services	4.1		5.0
Food and beverage	6.4		6.7
Healthcare equipment and services	4.0		3.9
Healthcare providers and services	4.6		4.5
Healthcare technology	4.7		4.8
Household products	2.3		2.1
Human resource support services	1.5		1.5
Infrastructure and environmental services	1.3		1.2
Insurance(3)	9.8		9.3
Internet software and services	13.4		13.3
Joint ventures(2)(5)	2.8		2.2
Leisure and entertainment	1.8		2.2
Manufacturing	5.7		5.8
Oil and gas	0.3		0.8
Pharmaceuticals(4)	0.2		—
Professional services	4.0		3.5
Specialty retail	2.2		2.2
Transportation	0.7		1.7
Total	100.0	%	100.0	%

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(1)Includes investment in Wingspire and Amergin AssetCo.

(2)Includes investment in OBDC SLF.

(3)Includes equity investment in Fifth Season.

(4)Includes investment in LSI Financing.

(5)This was disclosed as “Investment funds and vehicles” as of December 31, 2022.

The table below presents investments by geographic composition based on fair value as of the following periods:

	June 30, 2023		December 31, 2022
United States:
Midwest	18.0	%	17.5	%
Northeast	21.1		20.4
South	32.9		34.4
West	20.7		20.6
International	7.3		7.1
Total	100.0	%	100.0	%

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The table below presents the weighted average yields and interest rates of our investments at fair value as of the following periods:

	June 30, 2023		December 31, 2022
Weighted average total yield of portfolio(1)	11.7	%	11.0	%
Weighted average total yield of debt and income producing securities(1)	12.2	%	11.5	%
Weighted average interest rate of debt securities	11.9	%	11.0	%
Weighted average spread over base rate of all floating rate investments	6.7	%	6.7	%

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(1)For non-stated rate income producing investments, computed based on (a) the dividend or interest income earned for the respective trailing twelve months ended on the measurement date, divided by (b) the ending fair value. In instances where historical dividend or interest income data is not available or not representative for the trailing twelve months ended, the dividend or interest income is annualized.

The weighted average yield of our accruing debt and income producing securities is not the same as a return on investment for our shareholders but, rather, relates to our investment portfolio and is calculated before the payment of all of our and our subsidiaries’ fees and expenses. The weighted average yield was computed using the effective interest rates as of each respective date, including accretion of original issue discount and loan origination fees, but excluding investments on non-accrual status, if any. There can be no assurance that the weighted average yield will remain at its current level.

Our Adviser monitors our portfolio companies on an ongoing basis. It monitors the financial trends of each portfolio company to determine if they are meeting their respective business plans and to assess the appropriate course of action with respect to each portfolio company. Our Adviser has several methods of evaluating and monitoring the performance and fair value of our investments, which may include the following:

•assessment of success of the portfolio company in adhering to its business plan and compliance with covenants;

•periodic and regular contact with portfolio company management and, if appropriate, the financial or strategic sponsor, to discuss financial position, requirements and accomplishments;

•comparisons to other companies in the portfolio company’s industry; and

•review of monthly or quarterly financial statements and financial projections for portfolio companies.

As part of the monitoring process, our Adviser employs an investment rating system to categorize our investments. In addition to various risk management and monitoring tools, our Adviser rates the credit risk of all investments on a scale of 1 to 5. This system is intended primarily to reflect the underlying risk of a portfolio investment relative to our initial cost basis in respect of such portfolio investment (i.e., at the time of origination or acquisition), although it may also take into account the performance of the portfolio company’s business, the collateral coverage of the investment and other relevant factors. The rating system is as follows:

Investment Rating	Description
1	Investments rated 1 involve the least amount of risk to our initial cost basis. The borrower is performing above expectations, and the trends and risk factors for this investment since origination or acquisition are generally favorable;
2	Investments rated 2 involve an acceptable level of risk that is similar to the risk at the time of origination or acquisition. The borrower is generally performing as expected and the risk factors are neutral to favorable. All investments or acquired investments in new portfolio companies are initially assessed a rating of 2;
3	Investments rated 3 involve a borrower performing below expectations and indicates that the loan’s risk has increased somewhat since origination or acquisition;
4	Investments rated 4 involve a borrower performing materially below expectations and indicates that the loan’s risk has increased materially since origination or acquisition. In addition to the borrower being generally out of compliance with debt covenants, loan payments may be past due (but generally not more than 120 days past due); and
5	Investments rated 5 involve a borrower performing substantially below expectations and indicates that the loan’s risk has increased substantially since origination or acquisition. Most or all of the debt covenants are out of compliance and payments are substantially delinquent. Loans rated 5 are not anticipated to be repaid in full and we will reduce the fair market value of the loan to the amount we anticipate will be recovered.

Our Adviser rates the investments in our portfolio at least quarterly and it is possible that the rating of a portfolio investment may be reduced or increased over time. For investments rated 3, 4 or 5, our Adviser enhances its level of scrutiny over the monitoring of such portfolio company.

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The Adviser has built out its portfolio management team to include workout experts who closely monitor our portfolio companies and who, on at least a quarterly basis, assess each portfolio company’s operational and liquidity exposure and outlook to understand and mitigate risks; and, on at least a monthly basis, evaluates existing and newly identified situations where operating results are deviating from expectations. As part of its monitoring process, the Adviser focuses on projected liquidity needs and where warranted, re-underwriting credits and evaluating downside and liquidation scenarios.

The Adviser focuses on downside protection by leveraging existing rights available under our credit documents; however, for investments that are significantly underperforming or which may need to be restructured, the Adviser’s workout team partners with the investment team and all material amendments, waivers and restructurings require the approval of a majority of the Investment Committee. Since inception, only six of our investments have been placed on non-accrual and our annual gain/loss ratio is less than 0.15%.

The table below presents the composition of our portfolio on the 1 to 5 rating scale as of the following periods:

	June 30, 2023				December 31, 2022
Investment Rating	Investments at Fair Value		Percentage of Total Portfolio		Investments at Fair Value		Percentage of Total Portfolio
($ in thousands)
1	$	1,441,377	11.1	%	$	1,636,460	12.6	%
2	10,068,295		78.1		9,951,409		76.5
3	1,262,791		9.8		1,268,891		9.7
4	113,849		0.9		103,104		0.8
5	6,631		0.1		50,481		0.4
Total	$	12,892,943	100.0	%	$	13,010,345	100.0	%

The table below presents the amortized cost of our performing and non-accrual debt investments as of the following periods:

	June 30, 2023				December 31, 2022
($ in thousands)	Amortized Cost		Percentage		Amortized Cost		Percentage
Performing	$	11,006,498	98.9	%	$	11,367,517	98.1	%
Non-accrual	122,362		1.1		225,967		1.9
Total	$	11,128,860	100.0	%	$	11,593,484	100.0	%

Loans are generally placed on non-accrual status when there is reasonable doubt that principal or interest will be collected in full. Accrued interest is generally reversed when a loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as income or applied to principal depending upon management’s judgment regarding collectability. Non-accrual loans are restored to accrual status when past due principal and interest is paid current and, in management’s judgment, are likely to remain current. Management may make exceptions to this treatment and determine to not place a loan on non-accrual status if the loan has sufficient collateral value and is in the process of collection.

Specialty Financing Portfolio Companies

Wingspire

Wingspire is an independent diversified direct lender focused on providing asset-based commercial finance loans and related senior secured loans to U.S.-based middle market borrowers. Wingspire offers a wide variety of asset-based financing solutions to businesses in an array of industries, including revolving credit facilities, machinery and equipment term loans, real estate term loans, first-in/last-out tranches, cash flow term loans, and opportunistic / bridge financings. We committed $50 million to Wingspire on September 24, 2019, and subsequently increased our commitment to $100 million on March 25, 2020, to $150 million on July 31, 2020, to $200 million on March 8, 2021, to $250 million on August 19, 2021, to $350 million on February 28, 2022, to $400 million on May 21, 2022 and again to $450 million on February 28, 2023.

Amergin

Amergin was created to invest in a leasing platform focused on railcar and aviation assets. Amergin consists of Amergin AssetCo and Amergin Asset Management LLC, which has entered into a Servicing Agreement with Amergin AssetCo. We made a $90 million equity commitment to Amergin AssetCo on July 1, 2022. Our investment in Amergin is a co-investment made with our affiliates in accordance with the terms of the exemptive relief that we received from the SEC. We do not consolidate our equity interest in Amergin AssetCo.

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Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)

Fifth Season is a portfolio company created to invest in life settlement assets. On July 18, 2022, we made a $15.9 million equity investment in Fifth Season. We increased our investment in Fifth Season on October 17, 2022, November 9, 2022, November 15, 2022, November 29, 2022, February 9, 2023, May 3, 2023, June 1, 2023, June 13, 2023 and June 20, 2023 by $73.6 million, $1.7 million, $7.3 million, $7.0 million, $5.3 million, $5.3 million, $3.5 million, $3.5 million and $3.5 million, respectively. Our investment in Fifth Season is a co-investment with our affiliates in accordance with the terms of the exemptive relief that we received from the SEC. We do not consolidate our equity interest in Fifth Season.

LSI Financing 1 DAC (“LSI Financing”)

LSI Financing is a portfolio company formed to acquire contractual rights to revenue pursuant to earnout agreements generally in the life sciences space. On December 14, 2022, we made a $6.2 million investment in LSI Financing. We increased our investment in LSI Financing on February 17, 2023, February 24, 2023, and March 16, 2023 by $2.8 million, $0.3 million, and $11.9 million, respectively. Our investment in LSI Financing is a co-investment with our affiliates in accordance with the terms of the exemptive relief that we received from the SEC. We do not consolidate our equity interest in LSI Financing.

Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)

OBDC SLF was formed as a joint venture between us and The Regents of the University of California (“Regents”) and commenced operations on June 20, 2017. OBDC SLF’s principal purpose is to make investments, primarily in senior secured loans that are made to middle-market companies or in broadly syndicated loans. Through June 30, 2021, both we and Regents had a 50% economic ownership in OBDC SLF. Effective as of June 30, 2021, capital commitments to OBDC SLF were increased to an aggregate of $371.5 million. In connection with this change, we increased our economic ownership interest to 87.5% from 50.0% and Regents transferred its remaining economic interest of 12.5% to Nationwide Life Insurance Company (“Nationwide” and together with us, the “Members” and each a “Member”). On July 26, 2022, the Members increased their capital commitments in OBDC SLF to an aggregate of $571.5 million. OBDC SLF is managed by the Members, each of which have equal voting rights. Investment decisions must be approved by each of the Members. Except under certain circumstances, contributions to OBDC SLF cannot be redeemed.

We have determined that OBDC SLF is an investment company under Accounting Standards Codification (“ASC”) 946, however, in accordance with such guidance, we will generally not consolidate our investment in a company other than a wholly owned investment company subsidiary or a controlled operating company whose business consists of providing services to us. Accordingly, we do not consolidate our non-controlling interest in OBDC SLF.

As of June 30, 2023 and December 31, 2022, OBDC SLF had total investments in senior secured debt at fair value of $1.1 billion and $1.0 billion, respectively. The determination of fair value is in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification 820, Fair Value Measurements (“ASC 820”), as amended; however, such fair value is not included in our Board’s valuation process. The following tables presents a summary of OBDC SLF’s portfolio as well as a listing of the portfolio investments in its portfolio as of the following periods:

($ in thousands)	June 30, 2023			December 31, 2022
Total senior secured debt investments(1)	$	1,139,146		$	1,045,865
Weighted average spread over base rate(1)	4.17		%	4.05		%
Number of portfolio companies	61			56
Largest funded investment to a single borrower(1)	40,062			40,272

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(1)At par.

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Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of June 30, 2023 ($ in thousands) (Unaudited)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Debt Investments
Aerospace and defense
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(15)	First lien senior secured loan	S +	6.00%	1/2025	$	33,932	$	33,812	$	29,191	7.0	%
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(13)(15)	First lien senior secured revolving loan	S +	6.00%	1/2025	3,000		2,997		2,581		0.6	%
Bleriot US Bidco Inc.(9)(15)	First lien senior secured loan	S +	4.00%	10/2026	25,239		25,162		25,201		6.1	%
Dynasty Acquisition Co., Inc. (dba StandardAero Limited)(9)(14)	First lien senior secured loan	S +	3.50%	4/2026	38,500		38,416		38,132		9.1	%
					100,671		100,387		95,105		22.8	%
Automotive
Holley, Inc.(9)(15)	First lien senior secured loan	S +	3.75%	11/2028	23,069		22,938		19,657		4.7	%
Mavis Tire Express Services Topco Corp.(9)(14)	First lien senior secured loan	S +	4.00%	5/2028	2,910		2,892		2,881		0.7	%
PAI Holdco, Inc.(7)(9)	First lien senior secured loan	L +	3.75%	10/2027	13,776		13,389		12,733		3.1	%
					39,755		39,219		35,271		8.5	%
Buildings and Real estate
CoreLogic Inc.(6)(9)	First lien senior secured loan	L +	3.50%	6/2028	7,307		6,853		6,588		1.6	%
Wrench Group, LLC.(9)(15)	First lien senior secured loan	S +	4.00%	4/2026	31,842		31,748		31,458		7.6	%
					39,149		38,601		38,046		9.2	%
Business Services
Capstone Acquisition Holdings, Inc.(14)	First lien senior secured loan	S +	4.75%	11/2027	14,296		14,195		14,260		3.4	%
Capstone Acquisition Holdings, Inc.(13)(14)	First lien senior secured delayed draw term loan	S +	4.75%	11/2027	913		907		911		0.2	%
CoolSys, Inc.(9)(15)	First lien senior secured loan	S +	4.75%	8/2028	23,141		22,314		21,186		5.1	%
CoolSys, Inc.(9)(10)(12)(13)(15)	First lien senior secured delayed draw term loan	S +	4.75%	8/2023	322		172		(30)		—	%
ConnectWise, LLC(6)(9)	First lien senior secured loan	L +	3.50%	9/2028	16,745		16,679		16,274		3.9	%
LABL, Inc.(9)(14)	First lien senior secured loan	S +	5.00%	10/2028	4,796		4,739		4,742		1.1	%
Packers Holdings, LLC(9)(14)	First lien senior secured loan	S +	3.25%	3/2028	16,100		15,800		11,106		2.7	%
					76,313		74,806		68,449		16.4	%
Chemicals
Aruba Investments Holdings LLC (dba Angus Chemical Company)(6)(9)	First lien senior secured loan	L +	4.00%	11/2027	17,784		17,407		17,131		4.1	%
Cyanco Intermediate Corp.(14)	First lien senior secured loan	S +	4.75%	7/2028	4,999		4,850		4,850		1.2	%
					22,783		22,257		21,981		5.3	%
Consumer Products
Olaplex, Inc.(9)(14)	First lien senior secured loan	S +	3.50%	2/2029	25,063		24,205		23,371		5.6	%
					25,063		24,205		23,371		5.6	%
Containers and Packaging
BW Holding, Inc.(15)	First lien senior secured loan	S +	4.00%	12/2028	12,135		11,924		11,063		2.7	%
Five Star Lower Holding LLC(9)(16)	First lien senior secured loan	S +	4.25%	5/2029	25,691		25,370		25,294		6.0	%
Ring Container Technologies Group, LLC (dba Ring Container Technologies)(9)(14)	First lien senior secured loan	S +	3.50%	8/2028	24,625		24,578		24,497		5.9	%
Valcour Packaging, LLC(8)(9)	First lien senior secured loan	L +	3.75%	10/2028	6,913		6,894		5,810		1.4	%
					69,364		68,766		66,664		16.0	%

124

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of June 30, 2023 ($ in thousands) (Unaudited)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(3)	Fair Value	Percentage of Members' Equity
Distribution
BCPE Empire Holdings, Inc. (dba Imperial-Dade)(9)(14)	First lien senior secured loan	S +	4.75%	12/2028	24,750	23,825	24,661	5.9	%
Dealer Tire, LLC(9)(14)	First lien senior secured loan	S +	4.50%	12/2027	35,803	35,005	35,624	8.6	%
SRS Distribution, Inc.(6)(9)	First lien senior secured loan	L +	3.50%	6/2028	9,825	9,770	9,530	2.3	%
					70,378	68,600	69,815	16.8	%
Education
Spring Education Group, Inc. (fka SSH Group Holdings, Inc.)(7)(9)	First lien senior secured loan	L +	4.00%	7/2025	33,337	33,303	33,039	7.9	%
Sophia, L.P.(14)	First lien senior secured loan	S +	4.25%	10/2027	19,800	19,639	19,751	4.7	%
					53,137	52,942	52,790	12.6	%
Food and beverage
Balrog Acquisition, Inc. (dba Bakemark)(9)(15)	First lien senior secured loan	S +	4.00%	9/2028	24,625	24,424	24,263	5.8	%
Dessert Holdings(7)	First lien senior secured loan	L +	4.00%	6/2028	25,588	25,443	23,413	5.6	%
Naked Juice LLC (dba Tropicana)(9)(15)	First lien senior secured loan	S +	3.25%	1/2029	1,980	1,976	1,838	0.4	%
Sovos Brands Intermediate, Inc.(7)(9)	First lien senior secured loan	L +	3.50%	6/2028	20,724	20,686	20,465	4.9	%
					72,917	72,529	69,979	16.7	%
Healthcare equipment and services
Cadence, Inc.(15)	First lien senior secured loan	S +	5.00%	5/2025	26,300	26,097	25,480	6.1	%
Cadence, Inc.(10)(15)	First lien senior secured revolving loan	S +	5.00%	5/2026	2,202	2,106	2,133	0.5	%
Cadence, Inc.(10)(13)(15)	First lien senior secured revolving loan	S +	5.04%	5/2024	4,095	4,076	3,867	0.9	%
Confluent Medical Technologies, Inc.(15)	First lien senior secured loan	S +	3.75%	2/2029	4,938	4,917	4,863	1.2	%
Medline Intermediate, LP(9)(14)	First lien senior secured loan	S +	3.25%	10/2028	24,688	24,593	24,386	5.9	%
Packaging Coordinators Midco, Inc.(9)(15)	First lien senior secured loan	S +	3.50%	11/2027	4,912	4,903	4,834	1.2	%
					67,135	66,692	65,563	15.8	%
Healthcare providers and services
Confluent Health, LLC(14)	First lien senior secured loan	S +	4.00%	11/2028	24,715	24,616	23,109	5.5	%
Corgi Bidco, Inc.(9)(15)	First lien senior secured loan	S +	5.00%	10/2029	14,963	14,136	13,903	3.3	%
HAH Group Holding Company LLC(14)	First lien senior secured loan	S +	5.00%	10/2027	8,986	8,730	8,761	2.1	%
Phoenix Newco, Inc. (dba Parexel)(9)(14)	First lien senior secured loan	S +	3.25%	11/2028	27,156	27,048	26,912	6.5	%
Physician Partners, LLC(9)(14)	First lien senior secured loan	S +	4.00%	12/2028	9,875	9,792	9,258	2.2	%
					85,695	84,322	81,943	19.6	%
Healthcare technology
Athenahealth, Inc.(14)	First lien senior secured loan	S +	3.50%	2/2029	17,651	17,581	16,968	4.1	%
Athenahealth, Inc.(9)(10)(11)(12)(13)	First lien senior secured delayed draw term loan	S +	3.50%	8/2023	—	(3)	(73)	—	%
Bracket Intermediate Holding Corp. (15)	First lien senior secured loan	S +	5.00%	5/2028	19,999	19,415	19,600	4.7	%
Imprivata, Inc.(9)(14)	First lien senior secured loan	S +	4.25%	12/2027	19,800	19,207	19,493	4.7	%
PointClickCare Technologies Inc.(15)	First lien senior secured loan	S +	4.00%	12/2027	9,875	9,755	9,875	2.4	%
					67,325	65,955	65,863	15.9	%

125

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of June 30, 2023 ($ in thousands) (Unaudited)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Infrastructure and environmental services
CHA Holding, Inc.(15)	First lien senior secured loan	S +	4.50%	4/2025	40,062		39,937		39,661		9.4	%
					40,062		39,937		39,661		9.4	%
Insurance
Acrisure, LLC(9)(15)	First lien senior secured loan	S +	5.75%	2/2027	9,950		9,513		9,975		2.4	%
AssuredPartners, Inc.(9)(14)	First lien senior secured loan	S +	4.25%	2/2027	4,963		4,811		4,947		1.2	%
Asurion, LLC(7)(9)	First lien senior secured loan	L +	3.00%	11/2024	7,910		7,902		7,898		1.9	%
Broadstreet Partners, Inc.(9)(14)	First lien senior secured loan	S +	4.00%	1/2029	4,999		4,939		4,964		1.2	%
Integro Parent Inc.(15)	First lien senior secured loan	S +	12.25% (PIK)	10/2024	3,446		3,446		3,440		0.8	%
Integro Parent Inc.(10)(15)	First lien senior secured revolving loan	S +	4.50%	10/2024	694		694		693		0.2	%
Hyperion Refinance S.à r.l (dba Howden Group)(9)(14)	First lien senior secured loan	S +	5.10%	4/2030	19,950		19,174		19,850		4.8	%
					51,912		50,479		51,767		12.5	%
Internet software and services
Barracuda Networks, Inc.(9)(15)	First lien senior secured loan	S +	4.50%	8/2029	24,875		24,203		23,962		5.8	%
CDK Global, Inc.(9)(15)	First lien senior secured loan	S +	4.25%	7/2029	24,875		24,211		24,788		6.0	%
DCert Buyer, Inc. (dba DigiCert)(9)(15)	First lien senior secured loan	S +	4.00%	10/2026	21,880		21,819		21,654		5.2	%
Fortra, LLC (f/k/a Help/Systems Holdings, Inc.)(9)(15)	First lien senior secured loan	S +	4.00%	11/2026	14,771		14,697		13,442		3.2	%
					86,401		84,930		83,846		20.2	%
Manufacturing
Engineered Machinery Holdings (dba Duravant)(7)(9)	First lien senior secured loan	L +	3.50%	5/2028	34,474		34,344		33,758		8.1	%
Gloves Buyer, Inc. (dba Protective Industrial Products)(14)	First lien senior secured loan	S +	4.00%	12/2027	14,800		14,647		14,689		3.6	%
Pro Mach Group, Inc.(6)(9)	First lien senior secured loan	L +	4.00%	8/2028	24,632		24,535		24,551		5.9	%
					73,906		73,526		72,998		17.6	%
Professional Services
Apex Group Treasury, LLC(7)(9)	First lien senior secured loan	L +	3.75%	7/2028	32,520		32,426		32,030		7.6	%
Sovos Compliance, LLC(9)(14)	First lien senior secured loan	S +	4.50%	8/2028	25,390		25,256		24,448		5.9	%
					57,910		57,682		56,478		13.5	%
Telecommunications
EOS U.S. Finco LLC(14)	First lien senior secured loan	S +	6.00%	10/2029	9,609		9,011		9,417		2.3	%
EOS U.S. Finco LLC(10)	First lien senior secured loan	S +	6.00%	10/2029	—		(63)		—		—	%
Park Place Technologies, LLC(9)(14)	First lien senior secured loan	S +	5.00%	11/2027	14,811		14,406		14,362		3.4	%
					24,420		23,354		23,779		5.7	%
Transportation
Safe Fleet Holdings(14)	First lien senior secured loan	S +	5.00%	2/2029	14,850		14,454		14,850		3.6	%
					14,850		14,454		14,850		3.6	%
Total Debt Investments					$	1,139,146	$	1,123,643	$	1,098,219	263.7	%
Total Investments					$	1,139,146	$	1,123,643	$	1,098,219	263.7	%

_______________

(1)Certain portfolio company investments are subject to contractual restrictions on sales.

126

(2)Unless otherwise indicated, OBDC SLF’s investments are pledged as collateral supporting the amounts outstanding under OBDC SLF’s credit facility.

(3)The amortized cost represents the original cost adjusted for the amortization or accretion of premiums or discounts, as applicable, on debt investments using the effective interest method.

(4)Unless otherwise indicated, all investments are considered Level 3 investments.

(5)Unless otherwise indicated, loan contains a variable rate structure and may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the London Interbank Offered Rate (“LIBOR” or “L”) (which can include one-, two-, three- or six-month LIBOR), Secured Overnight Financing Rate ("SOFR" or "S," which can include one-, three- or six- month SOFR), or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.

(6)The interest rate on these loans is subject to 1 month LIBOR, which as of June 30, 2023 was 5.22%.

(7)The interest rate on these loans is subject to 3 month LIBOR, which as of June 30, 2023 was 5.55%.

(8)The interest rate on these loans is subject to 6 month LIBOR, which as of June 30, 2023 was 5.76%.

(9)Level 2 investment.

(10)Position or portion thereof is an unfunded loan commitment.

(11)The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

(12)The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

(13)Investment is not pledged as collateral under OBDC SLF’s credit facilities.

(14)The interest rate on these loans is subject to 1 month SOFR, which as of June 30, 2023 was 5.14%.

(15)The interest rate on these loans is subject to 3 month SOFR, which as of June 30, 2023 was 5.27%.

(16)The interest rate on these loans is subject to 6 month SOFR, which as of June 30, 2023 was 5.39%.

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of December 31, 2022 ($ in thousands)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Debt Investments
Aerospace and defense
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(7)	First lien senior secured loan	L +	6.00%	1/2025	$	34,111	$	33,956	$	33,305	10.1	%
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(7)(13)	First lien senior secured revolving loan	L +	6.00%	1/2025	3,000		2,995		2,928		0.9	%
Bleriot US Bidco Inc.(7)	First lien senior secured loan	L +	4.00%	10/2026	25,368		25,282		25,049		7.6	%
Dynasty Acquisition Co., Inc. (dba StandardAero Limited)(14)	First lien senior secured loan	S +	3.50%	4/2026	38,700		38,602		36,813		11.0	%
					101,179		100,835		98,095		29.6	%
Automotive
Holley, Inc.(7)(9)	First lien senior secured loan	L +	3.75%	11/2028	23,202		23,060		20,025		6.1	%
Mavis Tire Express Services Topco Corp. (9) (14)	First lien senior secured loan	S +	4.00%	5/2028	2,925		2,905		2,785		0.8	%
PAI Holdco, Inc.(7)	First lien senior secured loan	L +	3.75%	10/2027	9,887		9,767		8,700		2.6	%
					36,014		35,732		31,510		9.5	%
Buildings and Real estate
CoreLogic Inc. (6)(9)	First lien senior secured loan	L +	3.50%	6/2028	12,357		11,545		10,273		3.1	%
Wrench Group, LLC.(7)	First lien senior secured loan	L +	4.00%	4/2026	32,008		31,898		30,890		9.5	%
					44,365		43,443		41,163		12.6	%
Business Services
Capstone Acquisition Holdings, Inc. (6)	First lien senior secured loan	L +	4.75%	11/2027	4,953		4,916		4,941		1.5	%
Capstone Acquisition Holdings, Inc. (6)	First lien senior secured delayed draw term loan	L +	4.75%	11/2027	334		331		333		0.1	%
CoolSys, Inc.(7)	First lien senior secured loan	L +	4.75%	8/2028	13,932		13,817		11,250		3.4	%
CoolSys, Inc.(10)(11)(12)(13)	First lien senior secured delayed draw term loan	L +	4.75%	8/2023	—		(19)		(467)		—	%

127

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of December 31, 2022 ($ in thousands)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(3)	Fair Value	Percentage of Members' Equity
ConnectWise, LLC(6)(9)	First lien senior secured loan	L +	3.50%	9/2028	16,830	16,759	15,951	4.8	%
LABL, Inc.(6)	First lien senior secured loan	L +	5.00%	10/2028	7,920	7,819	7,496	2.3	%
Packers Holdings, LLC(6)	First lien senior secured loan	L +	3.25%	3/2028	21,066	20,679	18,327	5.5	%
					65,035	64,302	57,831	17.6	%
Chemicals
Aruba Investments Holdings LLC (dba Angus Chemical Company)(6)	First lien senior secured loan	L +	3.75%	11/2027	15,874	15,525	15,398	4.7	%
					15,874	15,525	15,398	4.7	%
Consumer Products
Olaplex, Inc.(14)	First lien senior secured loan	S +	3.50%	2/2029	14,925	14,892	14,030	4.2	%
					14,925	14,892	14,030	4.2	%
Containers and Packaging
BW Holding, Inc.(15)	First lien senior secured loan	S +	4.00%	12/2028	12,197	11,971	11,221	3.4	%
Five Star Lower Holding LLC (16)	First lien senior secured loan	S +	4.25%	5/2029	21,820	21,540	21,275	6.4	%
Ring Container Technologies Group, LLC (dba Ring Container Technologies)(6)	First lien senior secured loan	L +	3.50%	8/2028	24,750	24,699	24,379	7.4	%
Valcour Packaging, LLC (8)	First lien senior secured loan	L +	3.75%	10/2028	6,948	6,927	6,218	1.9	%
					65,715	65,137	63,093	19.1	%
Distribution
BCPE Empire Holdings, Inc. (dba Imperial-Dade) (9)(14)	First lien senior secured loan	S +	4.63%	6/2026	24,813	24,044	24,068	7.3	%
Dealer Tire, LLC(14)	First lien senior secured loan	S +	4.50%	12/2025	35,982	35,091	35,563	10.7	%
SRS Distribution, Inc.(7)	First lien senior secured loan	L +	3.50%	6/2028	9,875	9,816	9,431	2.9	%
					70,670	68,951	69,062	20.9	%
Education
Spring Education Group, Inc. (fka SSH Group Holdings, Inc.)(7)	First lien senior secured loan	L +	4.00%	7/2025	33,512	33,470	32,646	9.9	%
Sophia, L.P. (14)	First lien senior secured loan	S +	4.25%	10/2027	19,900	19,723	19,850	6.0	%
					53,412	53,193	52,496	15.9	%
Food and beverage
Balrog Acquisition, Inc. (dba Bakemark)(7)	First lien senior secured loan	L +	4.00%	9/2028	24,750	24,533	24,193	7.3	%
Dessert Holdings(7)	First lien senior secured loan	L +	4.00%	6/2028	25,718	25,560	23,789	7.2	%
Eagle Parent Corp.(9)(15)	First lien senior secured loan	S +	4.25%	4/2029	2,722	2,661	2,668	0.8	%
Naked Juice LLC (dba Tropicana)(9)(15)	First lien senior secured loan	S +	3.25%	1/2029	1,990	1,986	1,775	0.5	%
Sovos Brands Intermediate, Inc.(7)(9)	First lien senior secured loan	L +	3.50%	6/2028	20,724	20,683	20,138	6.1	%
					75,904	75,423	72,563	21.9	%

128

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of December 31, 2022 ($ in thousands)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(3)	Fair Value	Percentage of Members' Equity
Healthcare equipment and services
Cadence, Inc.(6)	First lien senior secured loan	L +	5.00%	5/2025	28,640	28,277	27,793	8.4	%
Cadence, Inc.(6)(10)(13)	First lien senior secured revolving loan	L +	5.00%	5/2024	2,921	2,892	2,704	0.8	%
Confluent Medical Technologies, Inc.(15)	First lien senior secured loan	S +	3.75%	2/2029	4,963	4,940	4,702	1.4	%
Medline Intermediate, LP(6)(9)	First lien senior secured loan	L +	3.25%	10/2028	24,813	24,710	23,547	7.1	%
Packaging Coordinators Midco, Inc.(7)(9)	First lien senior secured loan	L +	3.50%	11/2027	4,937	4,927	4,672	1.4	%
					66,274	65,746	63,418	19.1	%
Healthcare providers and services
Confluent Health, LLC(6)	First lien senior secured loan	L +	4.00%	11/2028	20,419	20,331	20,011	6.1	%
Confluent Health, LLC(6)(10)(12)(13)	First lien senior secured delayed draw term loan	L +	4.00%	11/2023	2,514	2,496	2,426	0.7	%
Corgi Bidco, Inc.(9)(15)	First lien senior secured loan	S +	5.00%	10/2029	15,000	14,126	14,018	4.2	%
Phoenix Newco, Inc. (dba Parexel)(6)(9)	First lien senior secured loan	L +	3.25%	11/2028	27,294	27,177	26,240	7.9	%
Physician Partners, LLC(9)(14)	First lien senior secured loan	S +	4.00%	12/2028	9,925	9,836	9,434	2.9	%
					75,152	73,966	72,129	21.8	%
Healthcare technology
Athenahealth, Inc.(9)(14)	First lien senior secured loan	S +	3.50%	2/2029	17,741	17,665	15,974	4.8	%
Athenahealth, Inc.(9)(10)(11)(12)(13)(14)	First lien senior secured delayed draw term loan	S +	3.50%	8/2023	—	(4)	(206)	—	%
Imprivata, Inc.(14)	First lien senior secured loan	S +	4.25%	12/2027	19,900	19,305	19,154	5.8	%
PointClickCare Technologies Inc.(15)	First lien senior secured loan	S +	4.00%	12/2027	9,925	9,794	9,751	3.0	%
					47,566	46,760	44,673	13.6	%
Infrastructure and environmental services
CHA Holding, Inc.(7)	First lien senior secured loan	L +	4.50%	4/2025	40,272	40,115	39,466	11.9	%
					40,272	40,115	39,466	11.9	%
Insurance
Acrisure, LLC(15)	First lien senior secured loan	S +	5.75%	2/2027	10,000	9,513	9,900	3.0	%
AssuredPartners, Inc.(6)	First lien senior secured loan	L +	4.25%	2/2027	4,988	4,822	4,875	1.5	%
Integro Parent Inc.(15)	First lien senior secured loan	S +	10.25%	10/2024	3,649	3,648	3,638	1.1	%
Integro Parent Inc.(15)	First lien senior secured revolving loan	S +	10.25%	10/2024	736	736	733	0.2	%
					19,373	18,719	19,146	5.8	%
Internet software and services
Barracuda Networks, Inc. (15)	First lien senior secured loan	S +	4.50%	8/2029	25,000	24,282	24,063	7.3	%
CDK Global, Inc.(9)(15)	First lien senior secured loan	S +	4.50%	7/2029	25,000	24,292	24,745	7.5	%
DCert Buyer, Inc. (dba DigiCert)(9)(16)	First lien senior secured loan	S +	4.00%	10/2026	21,993	21,925	21,214	6.4	%
Help/Systems Holdings, Inc.(15)	First lien senior secured loan	S +	4.00%	11/2026	14,847	14,773	13,325	4.0	%
					86,840	85,272	83,347	25.2	%

129

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of December 31, 2022 ($ in thousands)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Manufacturing
Engineered Machinery Holdings (dba Duravant)(7)	First lien senior secured loan	L +	3.75%	5/2028	34,649		34,508		33,483		10.1	%
Gloves Buyer, Inc. (dba Protective Industrial Products)(6)	First lien senior secured loan	L +	4.00%	12/2027	14,875		14,706		14,763		4.7	%
Pro Mach Group, Inc.(6)(9)	First lien senior secured loan	L +	4.00%	8/2028	24,757		24,652		24,039		7.3	%
					74,281		73,866		72,285		22.1	%
Professional Services
Apex Group Treasury, LLC(7)(9)	First lien senior secured loan	L +	3.75%	7/2028	32,685		32,584		31,050		9.4	%
Sovos Compliance, LLC(6)	First lien senior secured loan	L +	4.50%	8/2028	25,518		25,374		23,477		7.1	%
					58,203		57,958		54,527		16.5	%
Telecommunications
ETC Group(15)	First lien senior secured loan	S +	6.00%	10/2029	5,000		4,609		4,763		1.4	%
Park Place Technologies, LLC(9) (14)	First lien senior secured loan	S +	5.00%	11/2027	14,886		14,443		13,987		4.2	%
					19,886		19,052		18,750		5.6	%
Transportation
Safe Fleet Holdings(14)	First lien senior secured loan	S +	5.00%	2/2029	14,925		14,501		14,403		4.4	%
					14,925		14,501		14,403		4.4	%
Total Debt Investments					$	1,045,865	$	1,033,388	$	997,385	302.0	%
Total Investments					$	1,045,865	$	1,033,388	$	997,385	302.0	%

_______________

(1)Certain portfolio company investments are subject to contractual restrictions on sales.

(2)Unless otherwise indicated, OBDC SLF’s investments are pledged as collateral supporting the amounts outstanding under OBDC SLF’s credit facility.

(3)The amortized cost represents the original cost adjusted for the amortization of discounts and premiums, as applicable, on debt investments using the effective interest method.

(4)Unless otherwise indicated, all investments are considered Level 3 investments.

(5)Unless otherwise indicated, loan contains a variable rate structure and may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the London Interbank Offered Rate (“LIBOR” or “L”) (which can include one-, two-, three- or six-month LIBOR), Secured Overnight Financing Rate ("SOFR" or "S," which can include one-, three- or six- month SOFR), or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.

(6)The interest rate on these loans is subject to 1 month LIBOR, which as of December 31, 2022 was 4.39%.

(7)The interest rate on these loans is subject to 3 month LIBOR, which as of December 31, 2022 was 4.77%.

(8)The interest rate on these loans is subject to 6 month LIBOR, which as of December 31, 2022 was 5.14%.

(9)Level 2 investment.

(10)Position or portion thereof is an unfunded loan commitment.

(11)The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

(12)The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

(13)Investment is not pledged as collateral under OBDC SLF’s credit facilities.

(14)The interest rate on these loans is subject to 1 month SOFR, which as of December 31, 2022 was 4.36%.

(15)The interest rate on these loans is subject to 3 month SOFR, which as of December 31, 2022 was 4.59%.

(16)The interest rate on these loans is subject to 6 month SOFR, which as of December 31, 2022 was 4.78%.

130

The table below presents selected balance sheet information for OBDC SLF as of the following periods:

($ in thousands)	June 30, 2023 (Unaudited)		December 31, 2022
Assets
Investments at fair value (amortized cost of $1,123,643 and $1,033,388, respectively)	$	1,098,219	$	997,385
Cash	48,187		27,914
Interest receivable	7,230		3,920
Prepaid expenses and other assets	4,736		6,108
Total Assets	$	1,158,372	$	1,035,327
Liabilities
Debt (net of unamortized debt issuance costs of $5,564 and $6,117, respectively)	$	712,319	$	685,265
Distributions payable	11,900		11,095
Payable for investments purchased	6,603		—
Accrued expenses and other liabilities	11,061		8,703
Total Liabilities	$	741,883	$	705,063
Members' Equity
Members' Equity	416,489		330,264
Members' Equity	416,489		330,264
Total Liabilities and Members' Equity	$	1,158,372	$	1,035,327

The table below presents selected statement of operations information for OBDC SLF for the following periods:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
($ in thousands)	2023		2022		2023		2022
Investment Income
Interest income	$	26,866	$	12,730	$	50,509	$	22,742
Other income	66		1,009		130		1,221
Total Investment Income	26,932		13,739		50,639		23,963
Expenses
Interest expense	12,737		4,816		24,056		7,546
Professional fees	246		198		488		476
Total Expenses	12,983		5,014		24,544		8,022
Net Investment Income Before Taxes	13,949		8,725		26,095		15,941
Tax expense (benefit)	482		(722)		1,191		(621)
Net Investment Income After Taxes	$	13,467	$	9,447	$	24,904	$	16,562
Net Realized and Change in Unrealized Gain (Loss) on Investments
Net change in unrealized gain (loss) on investments	1,903		(29,977)		10,578		(34,209)
Net realized gain on investments	(1,668)		1		(1,645)		20
Total Net Realized and Change in Unrealized Gain (Loss) on Investments	235		(29,976)		8,933		(34,189)
Net Increase in Members' Equity Resulting from Operations	$	13,702	$	(20,529)	$	33,837	$	(17,627)

131

On August 9, 2017, Sebago Lake Financing LLC and SL Lending LLC, wholly-owned subsidiaries of OBDC SLF, entered into a credit facility with Goldman Sachs Bank USA. Goldman Sachs Bank USA serves as the sole lead arranger, syndication agent and administrative agent, and State Street Bank and Trust Company serves as the collateral administrator and agent. The credit facility includes a maximum borrowing capacity of $500 million. On June 22, 2021, Sebago Lake Financing LLC and SL Lending LLC entered into an amendment with Goldman Sachs Bank USA to extend the reinvestment period on the credit facility to October 6, 2021, and again on September 20, 2021, extended the reinvestment period on the credit facility to December 6, 2021. As of June 30, 2023, there was $461.9 million outstanding under the credit facility.

On March 1, 2022, SLF Financing I LLC, a wholly-owned subsidiary of OBDC SLF, entered into a credit facility with Natixis, New York Branch which serves as the administrative agent and the initial lender, and State Street Bank and Trust Company which serves as the collateral agent, collateral administrator and custodian. The credit facility includes a maximum borrowing capacity of $300 million. The re-investment period on the credit facility ends on March 1, 2024 and the maturity date of the credit facility is March 1, 2032. As of June 30, 2023, there was $256.0 million outstanding under the credit facility.

The table below presents the components of interest expense for the following periods:

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
($ in thousands)	2023			2022			2023			2022
Interest expense	$	12,351		$	4,468		$	23,293		$	6,883
Amortization of debt issuance costs	386			348			763			663
Total Interest Expense	12,737			4,816			24,056			7,546
Average interest rate	7.0		%	2.8		%	6.8		%	2.4		%
Average daily borrowings	$	701,252		$	633,932		$	685,673		$	565,648

Results of Operations

The below table presents our operating results for the following periods:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
($ in millions)	2023		2022		2023		2022
Total Investment Income	$	394.2	$	273.3	$	771.8	$	537.4
Less: Net operating expenses	205.1		146.6		401.5		287.5
Net Investment Income (Loss) Before Taxes	$	189.1	$	126.7	$	370.3	$	249.9
Less: Income tax expense (benefit), including excise tax expense (benefit)	2.4		1.6		5.8		2.4
Net Investment Income (Loss) After Taxes	$	186.7	$	125.1	$	364.5	$	247.5
Net change in unrealized gain (loss)	9.0		(159.8)		85.5		(242.0)
Net realized gain (loss)	(0.1)		(0.2)		(52.7)		3.5
Net Increase (Decrease) in Net Assets Resulting from Operations	$	195.6	$	(34.9)	$	397.3	$	9.0

Net increase (decrease) in net assets resulting from operations can vary from period to period as a result of various factors, including the level of new investment commitments, expenses, the recognition of realized gains and losses and changes in unrealized appreciation and depreciation on the investment portfolio. For the period ended June 30, 2023, our net asset value per share increased, primarily driven by earnings in excess of our dividends paid.

132

Investment Income

The table below presents investment income for the following periods:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
($ in millions)	2023		2022		2023		2022
Interest income from investments	$	303.5	$	208.0	$	594.9	$	418.3
Payment-in-kind interest income from investments	44.8		26.7		87.9		49.2
Dividend income from investments	38.4		32.9		78.3		60.2
Other income	7.4		5.7		10.7		9.7
Total investment income	$	394.2	$	273.3	$	771.8	$	537.4

For the three months ended June 30, 2023 and 2022

Investment income increased to $394.2 million for the three months ended June 30, 2023 from $273.3 million for the same period in prior year primarily due to an increase in our portfolio’s weighted average yield from 8.7% as of June 30, 2022 to 11.7% as of June 30, 2023 partially offset by a decrease in our debt portfolio from $11.7 billion for the three months ended June 30, 2022 to $11.3 billion for the three months ended June 30, 2023. Included in investment income is dividend income which increased to $38.4 million from $32.9 million as of June 30, 2023 and 2022, respectively, primarily due to an increase in dividends related to Windows Entities, OBDC SLF, PCF Holdco, LLC (dba PCF Insurance Services), CD&R Value Building Partners I, L.P. (dba Belron) and Fifth Seasons, partially offset by a decrease in dividends related to New PLI Holdings, LLC. Also included in interest income are other fees such as prepayment fees and accelerated amortization of upfront fees from unscheduled paydowns which are non-recurring in nature. Period over period, income generated from these fees represented $4.3 million and $3.3 million, for the three months ended June 30, 2023 and 2022, respectively. This change is due to an increase in unscheduled paydown activity period over period. For the three months ended June 30, 2023 and 2022, payment-in-kind income represented 13.6% and 11.7% of investment income, respectively. Other income increased period-over-period due to an increase in incremental fee income, which are fees that are generally available to us as a result of closing investments and normally paid at the time of closing. We expect that investment income will vary based on a variety of factors including the pace of our originations and repayments.

For the six months ended June 30, 2023 and 2022

Investment income increased to $771.8 million for the six months ended June 30, 2023 from $537.4 million for the same period in prior year primarily due to an increase in our portfolio’s weighted average yield from 8.7% as of June 30, 2022 to 11.7% as of June 30, 2023 while our debt portfolio at par decreased from $11.7 billion for the three months ended June 30, 2022 to $11.3 billion for the three months ended June 30, 2023. Included in investment income is dividend income which increased to $78.3 million from $60.2 million as of June 30, 2023 and 2022, respectively, primarily due to an increase in dividends related to Windows Entities, OBDC SLF, PCF Holdco, LLC (dba PCF Insurance Services), CD&R Value Building Partners I, L.P. (dba Belron) and Fifth Season, partially offset by a decrease in dividends related to New PLI Holdings, LLC. Also included in interest income are other fees such as prepayment fees and accelerated amortization of upfront fees from unscheduled paydowns which are non-recurring in nature. Period over period, income generated from these fees represented $4.9 million and $9.5 million, for the six months ended June 30, 2023 and 2022, respectively. This change is due to a decrease in unscheduled paydown activity period over period. For the six months ended June 30, 2023 and 2022, payment-in-kind income represented 13.8% and 11.1% of investment income, respectively. Other income increased period-over-period due to an increase in incremental fee income, which are fees that are generally available to us as a result of closing investments and normally paid at the time of closing. We expect that investment income will vary based on a variety of factors including the pace of our originations and repayments.

133

Expenses

The table below presents our expenses for the following periods:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
($ in millions)	2023		2022		2023		2022
Interest expense	$	110.0	$	67.4	$	214.0	$	128.7
Management fee	48.0		46.9		96.1		94.3
Performance based incentive fees	39.6		26.5		77.3		52.5
Professional fees	4.1		3.4		7.8		7.2
Directors' fees	0.3		0.3		0.5		0.5
Other general and administrative	3.2		2.1		5.8		4.3
Total operating expenses	$	205.2	$	146.6	$	401.5	$	287.5

Under the terms of the Administration Agreement, we reimburse the Adviser for services performed for us. In addition, pursuant to the terms of the Administration Agreement, the Adviser may delegate its obligations under the Administration Agreement to an affiliate or to a third party and we reimburse the Adviser for any services performed for us by such affiliate or third party.

For the three months ended June 30, 2023 and 2022

Total expenses increased to $205.2 million for the three months ended June 30, 2023 from $146.6 million for the same period in the prior year primarily due to an increase in interest expense and incentive fees. The increase in interest expense of $42.6 million was driven by an increase in average daily borrowings to $7.4 billion from $7.1 billion period over period, coupled with an increase in the average interest rate to 5.4% from 3.2% period over period. Incentive fees increased primarily due to an increase in interest and dividend income. As a percentage of total assets, professional fees, directors’ fees and other general and administrative expenses remained relatively consistent period over period.

For the six months ended June 30, 2023 and 2022

Total expenses increased to $401.5 million for the six months ended June 30, 2023 from $287.5 million for the same period in the prior year primarily due to an increase in interest expense and incentive fees. The increase in interest expense of $85.3 million was driven by an increase in average daily borrowings to $7.5 billion from $7.1 billion period over period, coupled with an increase in the average interest rate to 5.3% from 3.1% period over period. Incentive fees increased primarily due to an increase in interest and dividend income. As a percentage of total assets, professional fees, directors’ fees and other general and administrative expenses remained relatively consistent period over period.

Income Taxes, Including Excise Taxes

We have elected to be treated as a RIC under Subchapter M of the Code, and we intend to operate in a manner so as to continue to qualify for the tax treatment applicable to RICs. To qualify for tax treatment as a RIC, we must, among other things, distribute to our shareholders in each taxable year generally at least 90% of our investment company taxable income, as defined by the Code, and net tax-exempt income for that taxable year. In addition, a RIC may, in certain cases, satisfy this distribution requirement by distributing dividends relating to a taxable year after the close of such taxable year under the “spillover dividend” provisions of subchapter M. To maintain our tax treatment as a RIC, we, among other things, intend to make the requisite distributions to our shareholders, which generally relieves us from U.S. federal income taxes at corporate rates.

Depending on the level of taxable income earned in a tax year, we can be expected to carry forward taxable income (including net capital gains, if any) in excess of current year dividend distributions from the current tax year into the next tax year and pay a nondeductible 4% U.S. federal excise tax on such taxable income, as required. To the extent that we determine that our estimated current year annual taxable income will be in excess of estimated current year dividend distributions from such income, we will accrue excise tax on estimated excess taxable income.

For the three and six months ended June 30, 2023 we recorded U.S. federal income tax expense/(benefit) of $2.4 million and $5.8 million, respectively, including U.S. federal excise tax expense/(benefit) of $1.2 million and $2.7 million, respectively. For the three and six months ended June 30, 2022 we recorded U.S. federal income tax expense/(benefit) of $1.6 million and $2.4 million, respectively, including no U.S. federal excise tax expense/(benefit).

Certain of our consolidated subsidiaries are subject to U.S. federal and state income taxes. For the three and six months ended June 30, 2023, we recorded a current tax expense of $0.5 million and $1.0 million, respectively. For the three and six months ended June 30, 2022, we recorded a current tax expense of $0.6 million and $0.6 million, respectively. The income tax expense for our taxable consolidated subsidiaries will vary depending on the level of investment income earnings and realized gains from the exits of investments held by such taxable subsidiaries during the respective periods.

134

Net Unrealized Gains (Losses)

We fair value our portfolio investments quarterly and any changes in fair value are recorded as unrealized gains or losses. During the following periods, net unrealized gains (losses) were:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
($ in millions)	2023		2022		2023		2022
Net change in unrealized gain (loss) on investments	$	10.0	$	(156.6)	$	85.7	$	(238.3)
Income tax (provision) benefit	(2.4)		—		(2.7)		—
Net change in translation of assets and liabilities in foreign currencies	1.3		(3.2)		2.5		(3.7)
Net change in unrealized gain (loss)	$	8.9	$	(159.8)	$	85.5	$	(242.0)

For the three months ended June 30, 2023 and 2022

For the three months ended June 30, 2023, the net unrealized gain was primarily driven by an increase in the fair value of certain equity investments while our our debt portfolio remained relatively flat as compared to March 31, 2023. The ten largest contributors to the change in net unrealized gain (loss) on investments during the following period consisted of the following:

For the Three Months Ended June 30, 2023
Portfolio Company ($ in millions)	Net Change in Unrealized Gain (Loss)
Windows Entities	$	9.2
Wingspire Capital LLC (1)	6.4
Remaining Portfolio Companies	5.9
Metis Holdco, Inc.	4.6
Aviation Solutions Midco LLC	4.0
Conair Holdings LLC	3.9
Associations Inc	(3.7)
Cornerstone Ondemand, Inc	(3.7)
Sonny's Enterprises, Inc.	(4.0)
Tall Tree Foods, Inc.	(5.1)
Hearthside Food Solutions LLC	(7.5)
Total	$	10.0

________

(1)Portfolio company is controlled, affiliated investment.

135

For the three months ended June 30, 2022, the net unrealized loss was primarily driven by a decrease in the fair value of our debt investments as compared to March 31, 2022. As of June 30, 2022, the fair value of our debt investments as a percentage of principal was 96.6% as compared to 97.7% as of March 31, 2022. The primary driver of our portfolio's net unrealized loss was due to current market conditions, including public market volatility, and credit spreads widening across the broader markets. The ten largest contributors to the change in net unrealized gain (loss) on investments during the following period consisted of the following:

For the Three Months Ended June 30, 2022
Portfolio Company ($ in millions)	Net Change in Unrealized Gain (Loss)
Swipe Acquisition Corporation (dba PLI)	$	16.8
Remaining Portfolio Companies	(67.3)
Walker Edison Furniture Company LLC	(6.0)
Packaging Coordinators Midco, Inc.	(6.6)
H-Food Holdings, LLC	(7.7)
Metis HoldCo, Inc. (dba Mavis Tire Express Services)	(8.7)
Nutraceutical International Corporation	(9.0)
Valence Surface Technologies LLC	(11.8)
Corenerstone OnDemand, Inc.	(13.0)
Conair Holdings, LLC	(17.8)
Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC) (1)	(25.5)
Total	$	(156.6)

________

(1)Portfolio company is controlled, affiliated investment.

For the Six Months Ended June 30, 2023 and 2022

For the six months ended June 30, 2023, the net unrealized gain was primarily driven by an increase in the fair value of our debt investments as compared to December 31, 2022. As of June 30, 2023, the fair value of our debt investments as a percentage of principal was 97.4%, as compared to 97.0% as of December 31, 2022. The primary drivers of our portfolio’s unrealized gain were due to current market conditions and reversals of prior period unrealized losses that were realized in the quarter in connection with the restructuring of certain debt investments. The ten largest contributors to the change in net unrealized gain (loss) on investments during the following period consisted of the following:

For the Six Months Ended June 30, 2023
Portfolio Company ($ in millions)	Net Change in Unrealized Gain (Loss)
Walker Edison Furniture Company LLC(1)	$	38.0
Eagle Infrastructure Services, LLC (1)	12.3
Remaining Portfolio Companies	12.0
Windows Entities	10.2
Wingspire Capital LLC (1)	9.0
OBDC Senior Loan Fund LLC (fka ORCC Senior Loan Fund)(1)	8.9
Muine Gall LLC	6.2
Metis Holdco, Inc.	6.0
Aviation Solutions Midco LLC	6.1
Hearthside Food Solutions LLC	(11.0)
Nutraceutical International Corporation	(12.0)
Total	$	85.7

________

(1)Portfolio company is controlled, affiliated investment.

136

For the six months ended June 30, 2022, the net unrealized loss was primarily driven by a decrease in the fair value of our debt investments as compared to December 31, 2021. As of June 30, 2022, the fair value of our debt investments as a percentage of principal was 96.6% as compared to 98.2% as of December 31, 2021. The primary driver of our portfolio's net unrealized loss was due to current market conditions, including public market volatility, and credit spreads widening across the broader market. The ten largest contributors to the change in net unrealized gain (loss) on investments during the following period consisted of the following:

For the Six Months Ended June 30, 2022
Portfolio Company ($ in millions)	Net Change in Unrealized Gain (Loss)
Swipe Acquisition Corporation (dba PLI)(1)	$	16.8
Remaining Portfolio Companies	(123.4)
Walker Edison Furniture Company LLC	(9.4)
Packaging Coordinators Midco, Inc.	(10.3)
Nutraceutical International Corporation	(10.8)
Metis HoldCo, Inc. (dba Mavis Tire Express Services)	(11.2)
H-Food Holdings, LLC	(12.9)
Corenerstone OnDemand, Inc.	(14.2)
Valence Surface Technologies LLC	(14.6)
Conair Holdings, LLC	(19.2)
Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC) (1)	(29.1)
Total	$	(238.3)

Net Realized Gains (Losses)

The table below presents the realized gains and losses on fully exited and partially exited portfolio companies during the following periods:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
($ in millions)	2023		2022		2023		2022
Net realized gain (loss) on investments	$	0.1	$	—	$	(52.4)	$	4.6
Net realized gain (loss) on foreign currency transactions	(0.2)		(0.2)		(0.3)		(1.1)
Net realized gain (loss)	$	(0.1)	$	(0.2)	$	(52.7)	$	3.5

137

Realized Gross Internal Rate of Return

Since we began investing in 2016 through June 30, 2023, our exited investments have resulted in an aggregate cash flow realized gross internal rate of return to us of approximately 10% (based on total capital invested of $8.8 billion and total proceeds from these exited investments of $10.5 billion). Over fifty percent of these exited investments resulted in an aggregate cash flow realized gross internal rate of return (“IRR”) to us of 10% or greater.

IRR, is a measure of our discounted cash flows (inflows and outflows). Specifically, IRR is the discount rate at which the net present value of all cash flows is equal to zero. That is, IRR is the discount rate at which the present value of total capital invested in each of our investments is equal to the present value of all realized returns from that investment. Our IRR calculations are unaudited.

Capital invested, with respect to an investment, represents the aggregate cost basis allocable to the realized or unrealized portion of the investment, net of any upfront fees paid at closing for the term loan portion of the investment.

Realized returns, with respect to an investment, represents the total cash received with respect to each investment, including all amortization payments, interest, dividends, prepayment fees, upfront fees (except upfront fees paid at closing for the term loan portion of an investment), administrative fees, agent fees, amendment fees, accrued interest, and other fees and proceeds.

Gross IRR, with respect to an investment, is calculated based on the dates that we invested capital and dates we received distributions, regardless of when we made distributions to our shareholders. Initial investments are assumed to occur at time zero.

Gross IRR reflects historical results relating to our past performance and is not necessarily indicative of our future results. In addition, gross IRR does not reflect the effect of management fees, expenses, incentive fees or taxes borne, or to be borne, by us or our shareholders, and would be lower if it did.

Aggregate cash flow realized gross IRR on our exited investments reflects only invested and realized cash amounts as described above, and does not reflect any unrealized gains or losses in our portfolio.

138

Financial Condition, Liquidity and Capital Resources

Our liquidity and capital resources are generated primarily from cash flows from interest, dividends and fees earned from our investments and principal repayments, our credit facilities, debt securitization transactions, and other secured and unsecured debt. We may also generate cash flow from operations, future borrowings and future offerings of securities including public and/or private issuances of debt and/or equity securities through both registered offerings off of our shelf registration statement and private offerings. The primary uses of our cash are (i) investments in portfolio companies and other investments and to comply with certain portfolio diversification requirements, (ii) the cost of operations (including paying or reimbursing our Adviser), (iii) debt service, repayment and other financing costs of any borrowings and (iv) cash distributions to the holders of our shares.

We may from time to time enter into additional credit facilities, increase the size of our existing credit facilities, enter into additional debt securitization transactions, or issue additional debt securities. Any such incurrence or issuance would be subject to prevailing market conditions, our liquidity requirements, contractual and regulatory restrictions and other factors. In accordance with the 1940 Act, with certain limited exceptions, we are only allowed to incur borrowings, issue debt securities or issue preferred stock, if immediately after the borrowing or issuance, the ratio of total assets (less total liabilities other than indebtedness) to total indebtedness plus preferred stock, is at least 150%. Our current target ratio is 0.90x-1.25x. As of June 30, 2023, our weighted average total cost of debt was 5.3%. In addition, from time to time, we may seek to retire, repurchase, or exchange debt securities in open market purchases or by other means, including privately negotiated transactions, in each case dependent on market conditions, liquidity, contractual obligations, and other matters. The amounts involved in any such transactions, individually or in the aggregate, may be material.

As of June 30, 2023 and December 31, 2022, our asset coverage ratio was 183% and 179%, respectively. We seek to carefully consider our unfunded commitments for the purpose of planning our ongoing financial leverage. Further, we maintain sufficient borrowing capacity within the 150% asset coverage limitation to cover any outstanding unfunded commitments we are required to fund.

Cash and restricted cash as of June 30, 2023, taken together with our available debt, is expected to be sufficient for our investing activities and to conduct our operations in the near term. As of June 30, 2023, we had $1.5 billion available under our credit facilities.

Our long-term cash needs will include principal payments on outstanding indebtedness and funding of additional portfolio investments. Funding for long-term cash needs will come from unused net proceeds from financing activities. We believe that our liquidity and sources of capital are adequate to satisfy our short and long-term cash requirements. We cannot, however, be certain that these sources of funds will be available at a time and upon terms acceptable to us in sufficient amounts in the future.

As of June 30, 2023, we had $367.9 million in cash and restricted cash. During the six months ended June 30, 2023, $542.8 million in cash was provided by operating activities, primarily as a result of sell downs and repayments of $867.9 million offset by funding portfolio investments of $565.8 million and other operating activity of $240.8 million. Lastly, cash used in financing activities was $620.0 million during the period, which was primarily the result of distributions paid of $297.7 million, debt issuance costs of $4.7 million, repurchases of common stock of $34.1 million, and net repayments of $283.5 million.

139

Equity

Equity Issuances

There were no sales of our common stock during the three and six months ended June 30, 2023 and 2022.

Distributions

The following tables present the distributions declared on shares of the Company’s common stock for the following periods:

	For the Six Months Ended June 30, 2023
Date Declared	Record Date	Payment Date	Distribution per Share
February 21, 2023	March 31, 2023	April 14, 2023	$	0.33
February 21, 2023 (supplemental dividend)	March 3, 2023	March 17, 2023	$	0.04
May 9, 2023	June 30, 2023	July 14, 2023	$	0.33
May 9, 2023 (supplemental dividend)	May 31, 2023	June 15, 2023	$	0.06

	For the Six Months Ended June 30, 2022
Date Declared	Record Date	Payment Date	Distribution per Share
February 23, 2022	March 31, 2022	May 13, 2022	$	0.31
May 4, 2022	June 30, 2022	August 15, 2022	$	0.31

During certain periods, our distributions may exceed our earnings. As a result, it is possible that a portion of the distributions we make may represent a return of capital. A return of capital generally is a return of a shareholder’s investment rather than a return of earnings or gains derived from our investment activities. Each year, a statement on Form 1099-DIV identifying the tax character of the distributions will be mailed to our shareholders. The tax character of the distributions are not determined until our taxable year end.

Dividend Reinvestment

Pursuant to our second amended and restated dividend reinvestment plan, we will reinvest all cash distributions declared by the Board on behalf of our shareholders who do not elect to receive their distribution in cash as provided below. As a result, if the Board authorizes, and we declare, a cash dividend or other distribution, then our shareholders who have not opted out of our dividend reinvestment plan will have their cash distributions automatically reinvested in additional shares of our common stock as described below, rather than receiving the cash dividend or other distribution. Any fractional share otherwise issuable to a participant in the dividend reinvestment plan will instead be paid in cash.

If newly issued shares are used to implement the dividend reinvestment plan, the number of shares to be issued to a shareholder will be determined by dividing the total dollar amount of the cash dividend or distribution payable to a shareholder by the market price per share of our common stock at the close of regular trading on the New York Stock Exchange on the payment date of a distribution, or if no sale is reported for such day, the average of the reported bid and ask prices. However, if the market price per share on the payment date of a cash dividend or distribution exceeds the most recently computed net asset value per share, we will issue shares at the greater of (i) the most recently computed net asset value per share and (ii) 95% of the current market price per share (or such lesser discount to the current market price per share that still exceeded the most recently computed net asset value per share). For example, if the most recently computed net asset value per share is $15.00 and the market price on the payment date of a cash dividend is $16.00 per share, we will issue shares at $15.20 per share (95% of the current market price). If the most recently computed net asset value per share is $15.00 and the market price on the payment date of a cash dividend is $15.50 per share, we will issue shares at $15.00 per share, as net asset value is greater than 95% ($14.73 per share) of the current market price. Pursuant to our second amended and restated dividend reinvestment plan, if shares are purchased in the open market to implement the dividend reinvestment plan, the number of shares to be issued to a shareholder shall be determined by dividing the dollar amount of the cash dividend payable to such shareholder by the weighted average price per share for all shares purchased by the plan administrator in the open market in connection with the dividend. Shareholders who receive distributions in the form of shares of common stock will be subject to the same U.S. federal, state and local tax consequences as if they received cash distributions.

140

The tables below present the shares distributed pursuant to the dividend reinvestment plan for the following periods:

	For the Six Months Ended June 30, 2023
Date Declared	Record Date	Payment Date	Shares
November 2, 2022	March 31, 2023	January 13, 2023	583,495	(1)
February 21, 2023 (supplemental dividend)	March 3, 2023	March 17, 2023	77,157	(1)
February 21, 2023	March 31, 2023	April 14, 2023	558,872	(1)
May 9, 2023 (supplemental dividend)	May 31, 2023	June 15, 2023	84,363	(1)

________

(1)Shares purchased in the open market in order to satisfy dividends reinvested under our dividend reinvestment program.

	For the Six Months Ended June 30, 2022
Date Declared	Record Date	Payment Date	Shares
November 2, 2021	December 31, 2021	January 31, 2022	814,084
February 23, 2022	March 31, 2022	May 15, 2022	830,764	(1)

________

(1)Shares purchased in the open market in order to satisfy dividends reinvested under our dividend reinvestment program.

Stock Repurchase Programs

On November 3, 2020, the Board approved the 2020 Stock Repurchase Program (the “2020 Stock Repurchase Program”) under which we were authorized to repurchase up to $100 million of our outstanding common stock. Under the program, purchases were made at management’s discretion from time to time in open-market transactions, in accordance with all applicable securities laws and regulations. On November 2, 2021, the Board approved an extension to the 2020 Stock Repurchase Program and on November 2, 2022, the 2020 Repurchase Program ended in accordance with its terms. For the period ended June 30, 2023 there were no purchases of the Company’s common stock pursuant to the 2020 Repurchase Program. For the period ended June 30, 2022, repurchases under the 2020 Repurchase Program were as follows:

Period ($ in millions, except share and per share amounts)	Total Number of Shares Repurchased	Average Price Paid per Share		Approximate Dollar Value of Shares that have been Purchased Under the Plans		Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plan
January 1, 2022 - January 31, 2022	—	$	—	$	—	$	97.4
February 1, 2022 - February 28, 2022	—	$	—	$	—	$	97.4
March 1, 2022 - March 31, 2022	—	$	—	$	—	$	97.4
April 1, 2022 - April 30, 2022	—	$	—	$	—	$	97.4
May 1, 2022 - May 31, 2022	757,926	$	13.21	$	10.0	$	87.4
June 1, 2022 - June 30, 2022	—	$	—	$	—	$	87.4
	757,926			$	10.0

141

On November 1, 2022, the Board approved a repurchase program (the “2022 Stock Repurchase Program”) under which we may repurchase up to $150 million of our outstanding common stock. Under the 2022 Stock Repurchase Program, purchases may be made at management’s discretion from time to time in open-market transactions, in accordance with all applicable securities laws and regulations. Unless extended by the Board, the 2022 Stock Repurchase Program will terminate 18-months from the date it was approved. Since the 2022 Stock Repurchase Program’s inception, Goldman, Sachs & Co., as agent, has repurchased 4,090,138 shares of the Company’s common stock pursuant to the 2022 Repurchase Plan for approximately $50.0 as of June 30, 2023. For the period ended June 30, 2023, repurchases under the 2022 Repurchase Program were as follows:

Period ($ in millions, except share and per share amounts)	Total Number of Shares Repurchased	Average Price Paid per Share		Approximate Dollar Value of Shares that have been Purchased Under the Plans		Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plan
January 1, 2023 - January 31, 2023	1,493,034	$	12.19	$	18.2	$	115.9
February 1, 2023 - February 28, 2023	29,154	$	12.98	$	0.4	$	115.5
March 1, 2023 - March 31, 2023	278,419	$	12.61	$	3.5	$	112.0
April 1, 2023 - April 30, 2023	687,545	$	12.65	$	8.7	$	103.3
May 1, 2023 - May 31, 2023	190,355	$	12.53	$	2.4	$	100.9
June 1, 2023 - June 30, 2023	65,305	$	13.50	$	0.9	$	100.0
Total	2,743,812			$	34.1

142

Debt

Aggregate Borrowings

The tables below present debt obligations as of the following periods:

	June 30, 2023
($ in thousands)	Aggregate Principal Committed		Outstanding Principal		Amount Available(1)		Net Carrying Value(2)
Revolving Credit Facility(3)(5)	$	1,795,000	$	390,175	$	1,359,048	$	377,237
SPV Asset Facility II	250,000		140,000		110,000		135,524
CLO I	390,000		390,000		—		387,487
CLO II	260,000		260,000		—		257,347
CLO III	260,000		260,000		—		258,207
CLO IV	292,500		292,500		—		287,987
CLO V	509,625		509,625		—		506,889
CLO VI	260,000		260,000		—		258,325
CLO VII	239,150		239,150		—		237,238
CLO X	260,000		260,000		—		258,072
2024 Notes(4)	400,000		400,000		—		388,496
2025 Notes	425,000		425,000		—		422,050
July 2025 Notes	500,000		500,000		—		496,222
2026 Notes	500,000		500,000		—		494,232
July 2026 Notes	1,000,000		1,000,000		—		985,271
2027 Notes(4)	500,000		500,000		—		439,434
2028 Notes	850,000		850,000		—		837,158
Total Debt	$	8,691,275	$	7,176,450	$	1,469,048	$	7,027,176

_______________

(1)The amount available reflects any collateral related limitations at the Company level related to each credit facility’s borrowing base.

(2)The carrying value of our Revolving Credit Facility, SPV Asset Facility II, CLO I, CLO II, CLO III, CLO IV, CLO V, CLO VI, CLO VII, CLO X, 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes are presented net of deferred financing costs of $12.9 million, $4.5 million, $2.5 million, $2.7 million, $1.8 million, $4.5 million, $2.7 million, $1.7 million, $1.9 million, $1.9 million, $1.8 million, $3.0 million, $3.8 million, $5.8 million, $14.7 million, $7.0 million and $12.8 million respectively.

(3)Includes the unrealized translation gain (loss) on borrowings denominated in foreign currencies.

(4)Inclusive of change in fair market value of effective hedge.

(5)The amount available is reduced by $45.8 million of outstanding letters of credit.

143

	December 31, 2022
($ in thousands)	Aggregate Principal Committed		Outstanding Principal		Amount Available(1)		Net Carrying Value(2)
Revolving Credit Facility(3)(5)	$	1,855,000	$	557,144	$	1,253,057	$	542,453
SPV Asset Facility II	350,000		250,000		100,000		245,368
SPV Asset Facility III	250,000		250,000		—		249,372
CLO I	390,000		390,000		—		387,321
CLO II	260,000		260,000		—		257,206
CLO III	260,000		260,000		—		258,145
CLO IV	292,500		292,500		—		287,777
CLO V	509,625		509,625		—		506,792
CLO VI	260,000		260,000		—		258,271
CLO VII	239,150		239,150		—		237,155
2024 Notes(4)	400,000		400,000		—		384,851
2025 Notes	425,000		425,000		—		421,242
July 2025 Notes	500,000		500,000		—		495,347
2026 Notes	500,000		500,000		—		493,162
July 2026 Notes	1,000,000		1,000,000		—		982,993
2027 Notes(4)	500,000		500,000		—		438,332
2028 Notes	850,000		850,000		—		835,957
Total Debt	$	8,841,275	$	7,443,419	$	1,353,057	$	7,281,744

_______________

(1)The amount available reflects any limitations related to each credit facility’s borrowing base.

(2)The carrying value of our Revolving Credit Facility, SPV Asset Facility II, SPV Asset Facility III, CLO I, CLO II, CLO III, CLO IV, CLO V, CLO VI, CLO VII, 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes are presented net of deferred financing costs of $14.7 million, $4.6 million, $0.6 million, $2.7 million, $2.8 million, $1.9 million, $4.7 million, $2.8 million, $1.7 million, $2.0 million, $2.9 million, $3.8 million, $4.7 million, $6.8 million, $17.0 million, $7.9 million and $14.0 million respectively.

(3)Includes the unrealized translation gain (loss) on borrowings denominated in foreign currencies.

(4)Inclusive of change in fair market value of effective hedge.

(5)The amount available is reduced by $44.8 million of outstanding letters of credit.

The table below presents the components of interest expense for the following periods:

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
($ in thousands)	2023			2022			2023			2022
Interest expense	$	102,141		$	58,185		$	200,468		$	110,832
Amortization of debt issuance costs	7,562			8,697			14,426			14,807
Net change in unrealized gain (loss) on effective interest rate swaps and hedged items(1)	314			465			(922)			3,087
Total Interest Expense	$	110,017		$	67,347		$	213,972		$	128,726
Average interest rate	5.4		%	3.2		%	5.3		%	3.1		%
Average daily borrowings	$	7,432,693		$	7,131,423		$	7,464,970		$	7,141,675

_______________

(1)Refer to “ITEM 1. – FINANCIAL STATEMENTS – Notes to Consolidated Financial Statements – Note 6. Debt – 2023 Notes, 2024 Notes and 2027 Notes” for details on each facility’s interest rate swap.

144

Senior Securities

Information about our senior securities is shown in the following table as of June 30, 2023 and the fiscal years ended December 31, 2022, 2021, 2020, 2019, 2018, 2017 and 2016.

Class and Period	Total Amount Outstanding Exclusive of Treasury Securities(1) ($ in millions)		Asset Coverage per Unit(2)		Involuntary Liquidating Preference per Unit(3)	Average Market Value per Unit(4)
Revolving Credit Facility
June 30, 2023 (unaudited)	$	390.2	$	1,825	—	N/A
December 31, 2022	$	557.1	$	1,788	—	N/A
December 31, 2021	$	892.3	$	1,820	—	N/A
December 31, 2020	$	252.5	$	2,060	—	N/A
December 31, 2019	$	480.9	$	2,926	—	N/A
December 31, 2018	$	308.6	$	2,254	—	N/A
December 31, 2017	$	—	$	2,580	—	N/A
SPV Asset Facility I(6)
December 31, 2020	$	—	$	—	—	N/A
December 31, 2019	$	300.0	$	2,926	—	N/A
December 31, 2018	$	400.0	$	2,254	—	N/A
December 31, 2017	$	400.0	$	2,580	—	N/A
SPV Asset Facility II
June 30, 2023 (unaudited)	$	140.0	$	1,825	—	N/A
December 31, 2022	$	250.0	$	1,788	—	N/A
December 31, 2021	$	100.0	$	1,820	—	N/A
December 31, 2020	$	100.0	$	2,060	—	N/A
December 31, 2019	$	350.0	$	2,926	—	N/A
December 31, 2018	$	550.0	$	2,254	—	N/A
SPV Asset Facility III(9)
December 31, 2022	$	250.0	$	1,788	—	N/A
December 31, 2021	$	190.0	$	1,820	—	N/A
December 31, 2020	$	375.0	$	2,060	—	N/A
December 31, 2019	$	255.0	$	2,926	—	N/A
December 31, 2018	$	300.0	$	2,254	—	N/A
SPV Asset Facility IV(8)
December 31, 2022	$	—	$	1,788	—	N/A
December 31, 2021	$	155.0	$	1,820	—	N/A
December 31, 2020	$	295.0	$	2,060	—	N/A
December 31, 2019	$	60.3	$	2,926	—	N/A
CLO I
June 30, 2023 (unaudited)	$	390.0	$	1,825	—	N/A
December 31, 2022	$	390.0	$	1,788	—	N/A
December 31, 2021	$	390.0	$	1,820	—	N/A
December 31, 2020	$	390.0	$	2,060	—	N/A
December 31, 2019	$	390.0	$	2,926	—	N/A
CLO II
June 30, 2023 (unaudited)	$	260.0	$	1,825	—	N/A
December 31, 2022	$	260.0	$	1,788	—	N/A
December 31, 2021	$	260.0	$	1,820	—	N/A
December 31, 2020	$	260.0	$	2,060	—	N/A
December 31, 2019	$	260.0	$	2,926	—	N/A
CLO III
June 30, 2023 (unaudited)	$	260.0	$	1,825	—	N/A
December 31, 2022	$	260.0	$	1,788	—	N/A
December 31, 2021	$	260.0	$	1,820	—	N/A
December 31, 2020	$	260.0	$	2,060	—	N/A

145

Class and Period	Total Amount Outstanding Exclusive of Treasury Securities(1) ($ in millions)		Asset Coverage per Unit(2)		Involuntary Liquidating Preference per Unit(3)	Average Market Value per Unit(4)
CLO IV
June 30, 2023 (unaudited)	$	292.5	$	1,825	—	N/A
December 31, 2022	$	292.5	$	1,788	—	N/A
December 31, 2021	$	292.5	$	1,820	—	N/A
December 31, 2020	$	252.0	$	2,060	—	N/A
CLO V
June 30, 2023 (unaudited)	$	509.6	$	1,825	—	N/A
December 31, 2022	$	509.6	$	1,788	—	N/A
December 31, 2021	$	196.0	$	1,820	—	N/A
December 31, 2020	$	196.0	$	2,060	—	N/A
CLO VI
June 30, 2023 (unaudited)	$	260.0	$	1,825	—	N/A
December 31, 2022	$	260.0	$	1,788	—	N/A
December 31, 2021	$	260.0	$	1,820	—	N/A
CLO VII
June 30, 2023 (unaudited)	$	239.2	$	1,825	—	N/A
December 31, 2022	$	239.2	$	1,788	—	N/A
CLO X
June 30, 2023 (unaudited)	$	260.0	$	1,825	—	N/A
Subscription Credit Facility(5)
December 31, 2019	$	—	$	—	—	N/A
December 31, 2018	$	883.0	$	2,254	—	N/A
December 31, 2017	$	393.5	$	2,580	—	N/A
December 31, 2016	$	495.0	$	2,375	—	N/A
2023 Notes(7)
December 31, 2021	$	—	$	—	—	N/A
December 31, 2020	$	150.0	$	2,060	—	N/A
December 31, 2019	$	150.0	$	2,926	—	N/A
December 31, 2018	$	150.0	$	2,254	—	N/A
December 31, 2017	$	138.5	$	2,580	—	N/A
2024 Notes
June 30, 2023 (unaudited)	$	400.0	$	1,825	—	N/A
December 31, 2022	$	400.0	$	1,788	—	N/A
December 31, 2021	$	400.0	$	1,820	—	$	1,089.7
December 31, 2020	$	400.0	$	2,060	—	$	1,037.1
December 31, 2019	$	400.0	$	2,926	—	$	1,039.3
2025 Notes
June 30, 2023 (unaudited)	$	425.0	$	1,825	—	N/A
December 31, 2022	$	425.0	$	1,788	—	N/A
December 31, 2021	$	425.0	$	1,820	—	$	1,057.3
December 31, 2020	$	425.0	$	2,060	—	$	984.2
December 31, 2019	$	425.0	$	2,926	—	$	997.9
July 2025 Notes
June 30, 2023 (unaudited)	$	500.0	$	1,825	—	N/A
December 31, 2022	$	500.0	$	1,788	—	N/A
December 31, 2021	$	500.0	$	1,820	—	$	1,049.9
December 31, 2020	$	500.0	$	2,060	—	$	971.1
2026 Notes
June 30, 2023 (unaudited)	$	500.0	$	1,825	—	N/A
December 31, 2022	$	500.0	$	1,788	—	N/A
December 31, 2021	$	500.0	$	1,820	—	$	1,068.7
December 31, 2020	$	500.0	$	2,060	—	$	1,018.5

146

Class and Period	Total Amount Outstanding Exclusive of Treasury Securities(1) ($ in millions)		Asset Coverage per Unit(2)		Involuntary Liquidating Preference per Unit(3)	Average Market Value per Unit(4)
July 2026 Notes
June 30, 2023 (unaudited)	$	1,000.0	$	1,825	—	N/A
December 31, 2022	$	1,000.0	$	1,788	—	N/A
December 31, 2021	$	1,000.0	$	1,820	—	$	1,032.8
December 31, 2020	$	1,000.0	$	2,060	—	$	1,005.0
2027 Notes
June 30, 2023 (unaudited)	$	500.0	$	1,825	—	N/A
December 31, 2022	$	500.0	$	1,788	—	N/A
December 31, 2021	$	500.0	$	1,820	—	$	997.4
2028 Notes
June 30, 2023 (unaudited)	$	850.0	$	1,825	—	N/A
December 31, 2022	$	850.0	$	1,788	—	N/A
December 31, 2021	$	850.0	$	1,820	—	$	994.3

_______________

(1)Total amount of each class of senior securities outstanding at the end of the period presented.

(2)Asset coverage per unit is the ratio of the carrying value of our total assets, less all liabilities excluding indebtedness represented by senior securities in this table, to the aggregate amount of senior securities representing indebtedness. Asset coverage per unit is expressed in terms of dollar amounts per $1,000 of indebtedness and is calculated on a consolidated basis.

(3)The amount to which such class of senior security would be entitled upon our involuntary liquidation in preference to any security junior to it. The “—" in this column indicates information that the SEC expressly does not require to be disclosed for certain types of senior securities.

(4)Not applicable, except for with respect to the 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes as other senior securities are not registered for public trading on a stock exchange. The average market value per unit for each of the 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes is based on the average daily prices of such notes and is expressed per $1,000 of indebtedness.

(5)Facility was terminated in 2019.

(6)Facility was terminated in 2020.

(7)On November 23, 2021, we caused notice to be issued to the holders of the 2023 Notes regarding our exercise of the option to redeem in full all $150,000,000 in aggregate principal amount of the 2023 Notes at 100% of their principal amount, plus the accrued and unpaid interest thereon through, but excluding, the redemption date, December 23, 2021. On December 23, 2021, we redeemed in full all $150,000,000 in aggregate principal amount of the 2023 Notes at 100% of their principal amount, plus the accrued and unpaid interest thereon through, but excluding, December 23, 2021.

(8)Facility was terminated in 2022.

(9)Facility was termination in 2023.

Credit Facilities

Our credit facilities contain customary covenants, including certain limitations on the incurrence by us of additional indebtedness and on our ability to make distributions to our shareholders, or redeem, repurchase or retire shares of stock, upon the occurrence of certain events, and customary events of default (with customary cure and notice provisions).

Revolving Credit Facility

On August 26, 2022, we entered into an Amended and Restated Senior Secured Revolving Credit Agreement (the “Revolving Credit Facility”), which amends and restates in its entirety that certain Senior Secured Revolving Credit Agreement, dated as of February 1, 2017 (as amended, restated, supplemented or otherwise modified prior to August 26, 2022). The parties to the Revolving Credit Facility include us, as Borrower, the lenders from time to time parties thereto (each a “Revolving Credit Lender” and collectively, the “Revolving Credit Lenders”) and Truist Bank, as Administrative Agent.

The Revolving Credit Facility is guaranteed by certain domestic subsidiaries of ours in existence as of the closing date of the Revolving Credit Facility, and will be guaranteed by certain domestic subsidiaries of ours that are formed or acquired by us in the future (collectively, the “Guarantors”). Proceeds of the Revolving Credit Facility may be used for general corporate purposes, including the funding of portfolio investments.

The maximum principal amount of the Revolving Credit Facility is $1.8 billion (decreased from $1.86 billion on April 4, 2023), subject to availability under the borrowing base, which is based on the our portfolio investments and other outstanding indebtedness. Maximum capacity under the Revolving Credit Facility may be increased to $2.8 billion through our exercise of an uncommitted accordion feature through which existing and new lenders may, at their option, agree to provide additional financing. The Revolving Credit Facility includes a $200 million limit for swingline loans and is secured by a perfected first-priority interest in substantially all of the portfolio investments held by us and each Guarantor, subject to certain exceptions.

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The availability period under the Revolving Credit Facility terminated on March 31, 2023, with respect to $60 million of commitments, and will terminate on September 3, 2024, with respect to $15 million of commitments (together, the "Non-Extending Commitments"), and on August 26, 2026, with respect to the remaining commitments (such remaining commitments, the "Extending Commitments") (together, the “Revolving Credit Facility Commitment Termination Date”). The Revolving Credit Facility will mature on April 2, 2024 with respect to $60 million of commitments, September 3, 2025, with respect to $15 million of commitments, and on August 26, 2027, with respect to the remaining commitments (together, the “Revolving Credit Facility Maturity Date”). During the period from the earliest Revolving Credit Facility Commitment Termination Date to the final Revolving Credit Facility Maturity Date, we will be obligated to make mandatory prepayments under the Revolving Credit Facility out of the proceeds of certain asset sales and other recovery events and equity and debt issuances.

We may borrow amounts in U.S. dollars or certain other permitted currencies. Amounts drawn under the Revolving Credit Facility with respect to the Extending Commitments in U.S. dollars will bear interest at either (i) term SOFR plus any applicable credit adjustment spread plus margin of either 1.875% per annum or, if the gross borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 1.75% per annum or (ii) the alternative base rate plus margin of either 0.875% per annum or, if the gross borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 0.75% per annum. Amounts drawn under the Revolving Credit Facility with respect to the Non-Extending Commitments in U.S. Dollars will bear interest at either (i) term SOFR plus any applicable credit adjustment spread plus margin of 2.00% per annum or (ii) the alternative base rate plus margin of 1.00% per annum. With respect to loans denominated in U.S. dollars, we may elect either term SOFR or the alternative base rate at the time of drawdown, and such loans may be converted from one rate to another at any time at our option, subject to certain conditions. Amounts drawn under the Revolving Credit Facility with respect to the Extending Commitments in other permitted currencies will bear interest at the relevant rate specified therein (including any applicable credit adjustment spread) plus margin of either 1.875% per annum or, if the gross borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 1.75% per annum. Amounts drawn under the Revolving Credit Facility with respect to the Non-Extending Commitments in other permitted currencies will bear interest at the relevant rate specified therein (including any applicable credit adjustment spread) plus margin of 2.00% per annum. We will also pay a fee of 0.375% on undrawn amounts under the Revolving Credit Facility.

The Revolving Credit Facility includes customary covenants, including certain limitations on the incurrence by us of additional indebtedness and on our ability to make distributions to our shareholders, or redeem, repurchase or retire shares of stock, upon the occurrence of certain events and certain financial covenants related to asset coverage and other maintenance covenants, as well as customary events of default. The Revolving Credit Facility requires a minimum asset coverage ratio with respect to the consolidated assets of us and our subsidiaries to senior securities that constitute indebtedness of no less than 1.50 to 1.00 at any time. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

SPV Asset Facilities

Certain of our wholly owned subsidiaries are parties to credit facilities (the “SPV Asset Facilities”). Pursuant to the SPV Asset Facilities, we sell and contribute certain investments to these wholly owned subsidiaries pursuant to sale and contribution agreements by and between us and the wholly owned subsidiaries. No gain or loss is recognized as a result of these contributions. Proceeds from the SPV Asset Facilities are used to finance the origination and acquisition of eligible assets by the wholly owned subsidiary, including the purchase of such assets from us. We retain a residual interest in assets contributed to or acquired to the wholly owned subsidiary through our ownership of the wholly owned subsidiary.

The SPV Asset Facilities are secured by a perfected first priority security interest in the assets of these wholly owned subsidiaries and on any payments received by such wholly owned subsidiaries in respect of those assets. Assets pledged to lenders under the SPV Asset Facilities will not be available to pay our debts.

The SPV Asset Facilities contain customary covenants, including certain limitations on the incurrence by us of additional indebtedness and on our ability to make distributions to our shareholders, or redeem, repurchase or retire shares of stock, upon the occurrence of certain events, and customary events of default (with customary cure and notice provisions).

SPV Asset Facility II

On May 22, 2018, our subsidiary, ORCC Financing II LLC (“ORCC Financing II”), a Delaware limited liability company and our subsidiary, entered into a Credit Agreement (as amended, the “SPV Asset Facility II”), with ORCC Financing II, as Borrower, the lenders from time to time parties thereto (the “SPV Asset Facility II Lenders”), Natixis, New York Branch, as Administrative Agent, State Street Bank and Trust Company, as Collateral Agent, and Cortland Capital Market Services LLC as Document Custodian. The parties to the SPV Asset Facility II have entered into various amendments, including to admit new lenders, increase or decrease the maximum principal amount available under the facility, extend the availability period and maturity date, change the interest rate and make various other changes. The following describes the terms of SPV Asset Facility II amended through April 17, 2023 (the “SPV Asset Facility II Eighth Amendment Date”).

From time to time, we sell and contribute certain investments to ORCC Financing II pursuant to a sale and contribution agreement by and between us and ORCC Financing II. No gain or loss will be recognized as a result of the contribution. Proceeds from the SPV Asset Facility II will be used to finance the origination and acquisition of eligible assets by ORCC Financing II, including the purchase of such assets. We retain a residual interest in assets contributed to or acquired by ORCC Financing II through our ownership of ORCC Financing II. The maximum principal amount of the SPV Asset Facility II as of the SPV Asset Facility II Eighth Amendment Date is $250 million (which consists of $250 million of revolving commitments); the availability of this amount is

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subject to an overcollateralization ratio test, which is based on the value of ORCC Financing II’s assets from time to time, and satisfaction of certain conditions, including an interest coverage ratio test, certain concentration limits and collateral quality tests.

The SPV Asset Facility II provides for the ability to draw and redraw revolving loans under the SPV Asset Facility II through April 22, 2025, unless the revolving commitments are terminated sooner as provided in the SPV Asset Facility II (the “SPV Asset Facility II Commitment Termination Date”). Unless otherwise terminated, the SPV Asset Facility II will mature on April 17, 2033 (the "SPV Asset Facility II Stated Maturity”). Prior to the SPV Asset Facility II Stated Maturity, proceeds received by ORCC Financing II from principal and interest, dividends, or fees on assets must be used to pay fees, expenses and interest on outstanding borrowings, and the excess may be returned to us, subject to certain conditions. On the SPV Asset Facility II Stated Maturity, ORCC Financing II must pay in full all outstanding fees and expenses and all principal and interest on outstanding borrowings, and the excess may be returned to us.

With respect to revolving loans, amounts drawn bear interest at Term SOFR (or, in the case of certain lenders that are commercial paper conduits, the lower of their cost of funds and Term SOFR plus 0.40%) plus a spread of 2.75% during the period April 17, 2023, to the date on which the reinvestment period ends. From April 17, 2023 to the SPV Asset Facility II Commitment Termination Date, there is a commitment fee of 0.625% per annum on the undrawn amount, if any, of the revolving commitments in the SPV Asset Facility II. The SPV Asset Facility II contains customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing II, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Asset Facility II is secured by a perfected first priority security interest in the assets of ORCC Financing II and on any payments received by ORCC Financing II in respect of those assets. Assets pledged to the SPV Asset Facility II Lenders will not be available to pay our debts. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

SPV Asset Facility III

On December 14, 2018 (the “SPV Asset Facility III Closing Date”), ORCC Financing III LLC (“ORCC Financing III”), a Delaware limited liability company and our subsidiary, entered into a Loan Financing and Servicing Agreement (the “SPV Asset Facility III”), with ORCC Financing III, as borrower, us, as equity holder and services provider, the lenders from time to time parties thereto (the “SPV Asset Facility III Lenders”), Deutsche Bank AG, New York Branch, as Facility Agent, State Street Bank and Trust Company, as Collateral Agent and Cortland Capital Market Services LLC, as Collateral Custodian. The parties to the SPV Asset Facility III entered into various amendments, including those relating to the undrawn fee and make-whole fee and definition of “Change of Control.” The following describes the terms of SPV Asset Facility III as of its termination on March 9, 2023 (the “SPV Asset Facility III Termination Date”).

From time to time, we sold and contributed certain loan assets to ORCC Financing III pursuant to a Sale and Contribution Agreement by and between us and ORCC Financing III. No gain or loss was recognized as a result of the contribution. Proceeds from the SPV Asset Facility III were used to finance the origination and acquisition of eligible assets by ORCC Financing III, including the purchase of such assets from us. We retained a residual interest in assets contributed to or acquired by ORCC Financing III through our ownership of ORCC Financing III. The maximum principal amount of the SPV Asset Facility III was $250 million; the availability of this amount was subject to a borrowing base test, which was based on the value of ORCC Financing III’s assets from time to time, and satisfaction of certain conditions, including interest spread and weighted average coupon tests, certain concentration limits and collateral quality tests.

The SPV Asset Facility III provided for the ability to borrow, reborrow, repay and prepay advances under the SPV Asset Facility III until June 14, 2023 unless such period was extended or accelerated under the terms of the SPV Asset Facility III (the “SPV Asset Facility III Revolving Period”). Prior to the SPV Asset Facility III Termination Date, proceeds received by ORCC Financing III from principal and interest, dividends, or fees on assets were required to be used to pay fees, expenses and interest on outstanding advances, and the excess returned to us, subject to certain conditions. On the SPV Asset Facility III Termination Date, ORCC Financing III repaid in full all outstanding fees and expenses and all principal and interest on outstanding advances.

Amounts drawn bore interest at term SOFR (or, in the case of certain SPV Asset Facility III Lenders that are commercial paper conduits, the lower of (a) their cost of funds and (b) term SOFR, such term SOFR not to be lower than zero) plus a spread equal to 2.20% per annum, which spread would have increased (a) on and after the end of the SPV Asset Facility III Revolving Period by 0.15% per annum if no event of default had occurred and (b) by 2.00% per annum upon the occurrence of an event of default (such spread, the “Applicable Margin”). Term SOFR may have been replaced as a base rate under certain circumstances. We predominantly borrowed utilizing SOFR rate loans, generally electing one-month SOFR upon borrowing. During the SPV Asset Facility III Revolving Period, ORCC Financing III paid an undrawn fee ranging from 0.25% to 0.50% per annum on the undrawn amount, if any, of the revolving commitments in the SPV Asset Facility III. During the SPV Asset Facility III Revolving Period, if the undrawn commitments were in excess of a certain portion (initially 20% and increasing in stages to 75%) of the total commitments under the SPV Asset Facility III, ORCC Financing III would also have paid a make-whole fee equal to the Applicable Margin multiplied by such excess undrawn commitment amount, reduced by the undrawn fee payable on such excess. The SPV Asset Facility III contained customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing III, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Asset Facility III was secured by a perfected first priority security interest in the assets of ORCC Financing III and on any payments received by ORCC

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Financing III in respect of those assets. Assets pledged to the SPV Asset Facility III Lenders were not available to pay our debts. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

SPV Asset Facility IV

On August 2, 2019 (the “SPV Asset Facility IV Closing Date”), ORCC Financing IV LLC (“ORCC Financing IV”), a Delaware limited liability company and our newly formed subsidiary, entered into a Credit Agreement (the “SPV Asset Facility IV”), with ORCC Financing IV, as borrower, Société Générale, as initial Lender and as Administrative Agent, State Street Bank and Trust Company, as Collateral Agent, Collateral Administrator and Custodian, and Cortland Capital Market Services LLC as Document Custodian and the lenders from time to time party thereto pursuant to Assignment and Assumption Agreements (the “SPV Asset Facility IV Lenders”).

On March 11, 2022 (the “SPV Asset Facility IV Amendment Date”), the parties to the SPV Asset Facility IV amended the SPV Asset Facility IV to extend the reinvestment period from April 1, 2022 until October 3, 2022 and the stated maturity from April 1, 2030 to October 1, 2030. The amendment also changed the applicable interest rate from LIBOR plus an applicable margin of 2.15% during the reinvestment period and LIBOR plus an applicable margin of 2.40% after the reinvestment period to term SOFR plus an applicable margin of 2.30% during the reinvestment period and term SOFR plus an applicable margin of 2.55% after the reinvestment period.

From time to time, we sold and contributed certain investments to ORCC Financing IV pursuant to a Sale and Contribution Agreement by and between us and ORCC Financing IV. The SPV Asset Facility IV was terminated on October 3, 2022 (the “SPV Asset Facility IV Termination Date”). No gain or loss was recognized as a result of the contribution. Proceeds from the SPV Asset Facility IV were used to finance the origination and acquisition of eligible assets by ORCC Financing IV, including the purchase of such assets from us. We retained a residual interest in assets contributed to or acquired by ORCC Financing IV through our ownership of ORCC Financing IV. The maximum principal amount of the SPV Asset Facility IV was $250 million; the availability of this amount was subject to an overcollateralization ratio test, which was based on the value of ORCC Financing IV’s assets from time to time, and satisfaction of certain conditions, including an interest coverage ratio test, certain concentration limits and collateral quality tests.

The SPV Asset Facility IV provided for the ability to (1) draw term loans and (2) draw and redraw revolving loans under the SPV Asset Facility IV until the last day of the reinvestment period unless the revolving commitments are terminated or converted to term loans sooner as provided in the SPV Asset Facility IV (the “SPV Asset Facility IV Commitment Termination Date”). Prior to the SPV Asset Facility IV Termination Date, proceeds received by ORCC Financing IV from principal and interest, dividends, or fees on assets were required to be used to pay fees, expenses and interest on outstanding borrowings, and the excess may be returned to us, subject to certain conditions. On the SPV Asset Facility IV Termination Date, ORCC Financing IV repaid in full all outstanding fees and expenses and all principal and interest on outstanding borrowings.

From the SPV Asset Facility IV Closing Date to the SPV Asset Facility IV Termination Date, there was a commitment fee ranging from 0.50% to 0.75% per annum on the undrawn amount, if any, of the revolving commitments in the SPV Asset Facility IV. The SPV Asset Facility IV contained customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing IV, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Asset Facility IV was secured by a perfected first priority security interest in the assets of ORCC Financing IV and on any payments received by ORCC Financing IV in respect of those assets. Assets pledged to the SPV Asset Facility IV Lenders were not available to pay our debts. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLOs

CLO I

On May 28, 2019 (the “CLO I Closing Date”), we completed a $596 million term debt securitization transaction (the “CLO I Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO I Transaction and the secured loan borrowed in the CLO I Transaction were issued and incurred, as applicable, by our consolidated subsidiaries Owl Rock CLO I, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO I Issuer”), and Owl Rock CLO I, LLC, a Delaware limited liability company (the “CLO I Co-Issuer” and together with the CLO I Issuer, the “CLO I Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO I Issuer. The following describes the terms of the CLO I Transaction as amended through June 28, 2023 (the “CLO I Indenture Amendment Date”).

In the CLO I Transaction the CLO I Issuers (A) issued the following notes pursuant to an indenture and security agreement dated as of the CLO I Closing Date (as amended by the supplemental indenture dated as of the CLO I Indenture Amendment Date by and among the CLO I Issuer, the CLO I Co-Issuer and State Street Bank and Trust Company, the “CLO I Indenture”), by and among the CLO I Issuers and State Street Bank and Trust Company: (i) $242 million of AAA(sf) Class A Notes, which bear interest at term SOFR (plus a spread adjustment) plus 1.80%, (ii) $30 million of AAA(sf) Class A-F Notes, which bear interest at a fixed rate of 4.165%, and (iii) $68 million of AA(sf) Class B Notes, which bear interest at term SOFR (plus a spread adjustment) plus 2.70% (together, the “CLO I Notes”) and (B) borrowed $50 million under floating rate loans (the “Class A Loans” and together with the CLO

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I Notes, the “CLO I Debt”), which bear interest at term SOFR (plus a spread adjustment) plus 1.80%, under a credit agreement (the “CLO I Credit Agreement”), dated as of the CLO I Closing Date, by and among the CLO I Issuers, as borrowers, various financial institutions, as lenders, and State Street Bank and Trust Company, as collateral trustee and loan agent. The Class A Loans may be exchanged by the lenders for Class A Notes at any time, subject to certain conditions under the CLO I Credit Agreement and the CLO I Indenture. The CLO I Debt is scheduled to mature on May 20, 2031. The CLO I Notes were privately placed by Natixis Securities Americas, LLC and SG Americas Securities, LLC.

Concurrently with the issuance of the CLO I Notes and the borrowing under the Class A Loans, the CLO I Issuer issued approximately $206.1 million of subordinated securities in the form of 206,106 preferred shares at an issue price of U.S.$1,000 per share (the “CLO I Preferred Shares”). The CLO I Preferred Shares were issued by the CLO I Issuer as part of its issued share capital and are not secured by the collateral securing the CLO I Debt. We own all of the CLO I Preferred Shares, and as such, these securities are eliminated in consolidation. We act as retention holder in connection with the CLO I Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO I Preferred Shares.

The Adviser serves as collateral manager for the CLO I Issuer under a collateral management agreement dated as of the CLO I Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO I Issuers’ equity or notes that we own.

The CLO I Debt is secured by all of the assets of the CLO I Issuer, which will consist primarily of middle market loans, participation interests in middle market loans, and related rights and the cash proceeds thereof. As part of the CLO I Transaction, we and ORCC Financing II LLC sold and contributed approximately $575 million par amount of middle market loans to the CLO I Issuer on the CLO I Closing Date. Such loans constituted the initial portfolio assets securing the CLO I Debt. We and ORCC Financing II LLC each made customary representations, warranties, and covenants to the CLO I Issuer regarding such sales and contributions under a loan sale agreement.

Through May 20, 2023, a portion of the proceeds received by the CLO I Issuer from the loans securing the CLO I Debt could be used by the CLO I Issuer to purchase additional middle market loans under the direction of the Adviser as the collateral manager for the CLO I Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO I Debt is the secured obligation of the CLO I Issuers, and the CLO I Indenture and the CLO I Credit Agreement include customary covenants and events of default. Assets pledged to holders of the CLO I Debt and the other secured parties under the CLO I Indenture will not be available to pay our debts.

The CLO I Notes were offered in reliance on Section 4(a)(2) of the Securities Act. The CLO I Notes have not been registered under the Securities Act or any state securities (e.g., “blue sky”) laws and, unless so registered, may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act as applicable. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO II Refinancing

On April 9, 2021 (the “CLO II Refinancing Date”), we completed a $398.1 million term debt securitization refinancing (the “CLO II Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO II Refinancing were issued by our consolidated subsidiaries Owl Rock CLO II, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO II Issuer”), and Owl Rock CLO II, LLC, a Delaware limited liability company (the “CLO II Co-Issuer” and together with the CLO II Issuer, the “CLO II Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO II Issuer.

The CLO II Refinancing was executed by the issuance of the following classes of notes pursuant to an indenture and security agreement dated as of December 12, 2019 (such date, the “CLO II Closing Date,” and such agreement, the “CLO II Indenture”), as supplemented by the supplemental indenture dated as of the CLO II Refinancing Date (the “CLO II Refinancing Indenture”), by and among the CLO II Issuers and State Street Bank and Trust Company: (i) $204 million of AAA(sf) Class A-LR Notes, which bear interest at three-month LIBOR plus 1.55%, (ii) $20 million of AAA(sf) Class A-FR Notes, which bear interest at a fixed rate of 2.48% and (iii) $36 million of AA(sf) Class B-R Notes, which bear interest at three-month LIBOR plus 1.90% (together, the “CLO II Refinancing Debt”). The CLO II Refinancing Debt is secured by the middle market loans, participation interests in middle market loans and other assets of the CLO II Issuer. The CLO II Refinancing Debt is scheduled to mature on April 20, 2033. The CLO II Refinancing Debt was privately placed by Deutsche Bank Securities Inc. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO II Refinancing Debt. The proceeds from the CLO II Refinancing were used to redeem in full the classes of notes issued on the CLO II Closing Date.

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Concurrently with the issuance of the CLO II Refinancing Debt, the CLO II Issuer issued subordinated securities in the form of 1,500 additional preferred shares at an issue price of U.S.$1,000 per share (the “CLO II Refinancing Preferred Shares”) resulting in a total outstanding number of CLO II Preferred Shares of 138,100 ($138.1 million total issue price). The CLO II Refinancing Preferred Shares were issued by the CLO II Issuer as part of its issued share capital and are not secured by the collateral securing the CLO II Refinancing Debt. We purchased all of the CLO II Refinancing Preferred Shares. We act as retention holder in connection with the CLO II Refinancing for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO II Preferred Shares. The proceeds from the CLO II Refinancing Preferred Shares were used to pay certain expenses incurred in connection with the CLO II Refinancing.

Through April 20, 2025, a portion of the proceeds received by the CLO II Issuer from the loans securing the CLO II Refinancing Debt may be used by the CLO II Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO II Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO II Refinancing Debt is the secured obligation of the CLO II Issuers, and the CLO II Refinancing Indenture includes customary covenants and events of default. The CLO II Refinancing Debt has not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO II Issuer under a collateral management agreement dated as of the CLO II Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO II Issuers’ equity or notes that we own. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO III

On March 26, 2020 (the “CLO III Closing Date”), we completed a $395.31 million term debt securitization transaction (the “CLO III Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO III Transaction were issued by our consolidated subsidiaries Owl Rock CLO III, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO III Issuer”), and Owl Rock CLO III, LLC, a Delaware limited liability company (the “CLO III Co-Issuer” and together with the CLO III Issuer, the “CLO III Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO III Issuer.

The CLO III Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO III Closing Date (the “CLO III Indenture”), by and among the CLO III Issuers and State Street Bank and Trust Company: (i) $166 million of AAA(sf) Class A-1L Notes, which bear interest at three-month LIBOR plus 1.80%, (ii) $40 million of AAA(sf) Class A-1F Notes, which bear interest at a fixed rate of 2.75%, (iii) $20 million of AAA(sf) Class A-2 Notes, which bear interest at three-month LIBOR plus 2.00%, and (iv) $34 million of AA(sf) Class B Notes, which bear interest at three-month LIBOR plus 2.45% (together, the “CLO III Debt”). The CLO III Debt is scheduled to mature on April 20, 2032. The CLO III Debt was privately placed by SG Americas Securities, LLC. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO III Debt.

Concurrently with the issuance of the CLO III Debt, the CLO III Issuer issued approximately $135.3 million of subordinated securities in the form of 135,310 preferred shares at an issue price of U.S.$1,000 per share (the “CLO III Preferred Shares”). The CLO III Preferred Shares were issued by the CLO III Issuer as part of its issued share capital and are not secured by the collateral securing the CLO III Debt. We own all of the CLO III Preferred Shares, and as such, these securities are eliminated in consolidation. We act as retention holder in connection with the CLO III Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO III Preferred Shares.

The Adviser serves as collateral manager for the CLO III Issuer under a collateral management agreement dated as of the CLO III Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO III Issuers’ equity or notes that we own.

The CLO III Debt is secured by all of the assets of the CLO III Issuer, which will consist primarily of middle market loans, participation interests in middle market loans, and related rights and the cash proceeds thereof. As part of the CLO III Transaction, we and ORCC Financing IV LLC sold and contributed approximately $400 million par amount of middle market loans to the CLO III

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Issuer on the CLO III Closing Date. Such loans constituted the initial portfolio assets securing the CLO III Debt. Us and ORCC Financing IV LLC each made customary representations, warranties, and covenants to the CLO III Issuer regarding such sales and contributions under a loan sale agreement.

Through April 20, 2024, a portion of the proceeds received by the CLO III Issuer from the loans securing the CLO III Debt may be used by the CLO III Issuer to purchase additional middle market loans under the direction of the Adviser as the collateral manager for the CLO III Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO III Debt is the secured obligation of the CLO III Issuers, and the CLO III Indenture includes customary covenants and events of default. Assets pledged to holders of the CLO III Debt and the other secured parties under the CLO III Indenture will not be available to pay our debts.

The CLO III Debt was offered in reliance on Section 4(a)(2) of the Securities Act. The CLO III Debt has not been registered under the Securities Act or any state securities laws (e.g., “blue sky”) and, unless so registered, may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act as applicable. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO IV Refinancing

On July 9, 2021 (the “CLO IV Refinancing Date”), we completed a $440.5 million term debt securitization refinancing (the “CLO IV Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO IV Refinancing were issued by our consolidated subsidiaries Owl Rock CLO IV, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO IV Issuer”), and Owl Rock CLO IV, LLC, a Delaware limited liability company (the “CLO IV Co-Issuer” and together with the CLO IV Issuer, the “CLO IV Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO IV Issuer.

The CLO IV Refinancing was executed by the issuance of the following classes of notes pursuant to an indenture and security agreement dated as of May 28, 2020 (such date, the “CLO IV Closing Date,” and such agreement, the “CLO IV Indenture”), as supplemented by the supplemental indenture dated as of the CLO IV Refinancing Date (the “CLO IV Refinancing Indenture”), by and among the CLO IV Issuers and State Street Bank and Trust Company: (i) $252 million of AAA(sf) Class A-1-R Notes, which bear interest at three-month LIBOR plus 1.60% and (ii) $40.5 million of AA(sf) Class A-2-R Notes, which bear interest at three-month LIBOR plus 1.90% (together, the “CLO IV Refinancing Secured Notes”). The CLO IV Refinancing Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the CLO IV Issuer. The CLO IV Refinancing Secured Notes are scheduled to mature on August 20, 2033. The CLO IV Refinancing Secured Notes were privately placed by Natixis Securities Americas LLC. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO IV Refinancing Secured Notes. The proceeds from the CLO IV Refinancing were used to redeem in full the classes of notes issued on the CLO IV Closing Date, to redeem a portion of the preferred shares of the CLO IV Issuer as described below and to pay expenses incurred in connection with the CLO IV Refinancing.

Concurrently with the issuance of the CLO IV Refinancing Secured Notes, the CLO IV Issuer redeemed 38,900 preferred shares we held (the “CLO IV Preferred Shares”) at a total redemption price of $38.9 million ($1,000 per preferred share). We retain the 148,000 CLO IV Preferred Shares that remain outstanding and that we acquired on the CLO IV Closing Date. The CLO IV Preferred Shares were issued by the CLO IV Issuer as part of its issued share capital and are not secured by the collateral securing the CLO IV Refinancing Secured Notes. We act as retention holder in connection with the CLO IV Refinancing for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the Preferred Shares.

Through August 20, 2025, a portion of the proceeds received by the CLO IV Issuer from the loans securing the CLO IV Refinancing Secured Notes may be used by the CLO IV Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO IV Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO IV Refinancing Secured Notes are the secured obligation of the CLO IV Issuers, and the CLO IV Refinancing Indenture includes customary covenants and events of default. The CLO IV Refinancing Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO IV Issuer under a collateral management agreement dated as of the CLO IV Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO IV Issuers’ equity or notes we own. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

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CLO V

On November 20, 2020 (the “CLO V Closing Date”), we completed a $345.45 million term debt securitization transaction (the “CLO V Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO V Transaction were issued by our consolidated subsidiaries Owl Rock CLO V, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO V Issuer”), and Owl Rock CLO V, LLC, a Delaware limited liability company (the “CLO V Co-Issuer” and together with the CLO V Issuer, the “CLO V Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO V Issuer.

The CLO V Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO V Closing Date (the “CLO V Indenture”), by and among the CLO V Issuers and State Street Bank and Trust Company: (i) $182 million of AAA(sf)/AAAsf Class A-1 Notes, which bear interest at three-month LIBOR plus 1.85% and (ii) $14 million of AAA(sf) Class A-2 Notes, which bear interest at three-month LIBOR plus 2.20% (together, the “CLO V Secured Notes”). The CLO V Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the CLO V Issuer. The CLO V Secured Notes are scheduled to mature on November 20, 2029. The CLO V Secured Notes were privately placed by Natixis Securities Americas LLC.

The CLO V Secured Notes were redeemed in the CLO V refinancing, described below.

Concurrently with the issuance of the CLO V Secured Notes, the CLO V Issuer issued approximately $149.45 million of subordinated securities in the form of 149,450 preferred shares at an issue price of U.S.$1,000 per share (the “CLO V Preferred Shares”). The CLO V Preferred Shares were issued by the CLO V Issuer as part of its issued share capital and are not secured by the collateral securing the CLO V Secured Notes. We own all of the outstanding CLO V Preferred Shares, and as such, these securities are eliminated in consolidation. We acted as retention holder in connection with the CLO V Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such was required to retain a portion of the CLO V Preferred Shares, while the CLO V Secured Notes were outstanding.

As part of the CLO V Transaction, we entered into a loan sale agreement with the CLO V Issuer dated as of the CLO V Closing Date, which provided for the sale and contribution of approximately $201.75 million par amount of middle market loans to the CLO V Issuer on the CLO V Closing Date and for future sales to the CLO V Issuer on an ongoing basis. Such loans constituted part of the initial portfolio of assets securing the CLO V Secured Notes. The remainder of the initial portfolio assets securing the CLO V Secured Notes consisted of approximately $84.74 million par amount of middle market loans purchased by the CLO V Issuer from ORCC Financing II LLC, our wholly-owned subsidiary, under an additional loan sale agreement executed on the CLO V Closing Date between the Issuer and ORCC Financing II LLC. We and ORCC Financing II LLC each made customary representations, warranties, and covenants to the Issuer under the applicable loan sale agreement.

Through July 20, 2022, a portion of the proceeds received by the CLO V Issuer from the loans securing the CLO V Secured Notes could be used by the CLO V Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO V Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO V Secured Notes were the secured obligation of the CLO V Issuers, and the CLO V Indenture includes customary covenants and events of default. The CLO V Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration. Assets pledged to the holders of the CLO IV Secured Notes were not available to pay the debts of the Company.

CLO V Refinancing

On April 20, 2022 (the “CLO V Refinancing Date”), we completed a $669.2 million term debt securitization refinancing (the “CLO V Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO V Refinancing were issued by the CLO V Co-Issuer, as Issuer (the “CLO V Refinancing Issuer”), and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO V Refinancing Issuer.

The CLO V Refinancing was executed by the issuance of the following classes of notes pursuant to the CLO V Indenture as supplemented by the supplemental indenture dated as of the CLO V Refinancing Date (the “CLO V Refinancing Indenture”), by and among the CLO V Refinancing Issuer and State Street Bank and Trust Company: (i) $354.4 million of AAA(sf) Class A-1R Notes, which bear interest at the Benchmark, as defined in the CLO V Refinancing Indenture, plus 1.78%, (ii) $30.4 million of AAA(sf) Class A-2R Notes, which bear interest at the Benchmark plus 1.95%, (iii) $49.0 million of AA(sf) Class B-1 Notes, which bear interest at the Benchmark plus 2.20%, (iv) $5.0 million of AA(sf) Class B-2 Notes, which bear interest at 4.25%, (v) $31.5 million of A(sf) Class C-1 Notes, which bear interest at the Benchmark plus 3.15% and (vi) $39.4 million of A(sf) Class C-2 Notes, which bear interest at 5.10% (together, the “CLO V Refinancing Secured Notes”). The CLO V Refinancing Secured Notes are secured by the

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middle market loans, participation interests in middle market loans and other assets of the Issuer. The CLO V Refinancing Secured Notes are scheduled to mature on April 20, 2034. The CLO V Refinancing Secured Notes were privately placed by Natixis Securities Americas LLC. The proceeds from the CLO V Refinancing were used to redeem in full the classes of notes issued on the CLO V Closing Date and to pay expenses incurred in connection with the CLO V Refinancing.

Concurrently with the issuance of the CLO V Refinancing Secured Notes, the CLO V Issuer issued approximately $10.2 million of additional subordinated securities, for a total of $159.6 million of subordinated securities in the form of 159,620 preferred shares at an issue price of U.S.$1,000 per share. The CLO V Preferred Shares are not secured by the collateral securing the CLO V Refinancing Secured Notes. We act as retention holder in connection with the CLO V Refinancing for the purposes of satisfying certain U.S., European Union and United Kingdom regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO V Preferred Shares.

On the CLO V Closing Date, the CLO V Issuer entered into a loan sale agreement with us, which provided for the sale and contribution of approximately $201.8 million par amount of middle market loans from us to the CLO V Issuer on the CLO V Closing Date and for future sales from us to the CLO V Issuer on an ongoing basis. As part of the CLO V Refinancing, we and the CLO V Refinancing Issuer, as the successor to the CLO V Issuer, entered into an amended and restated loan sale agreement with us dated as of the CLO V Refinancing Date, pursuant to which the CLO V Refinancing Issuer assumed all ongoing obligations of the CLO V Issuer under the original agreement and we sold and contributed approximately $275.67 million par amount middle market loans to the CLO V Refinancing Issuer on the CLO V Refinancing Date and provides for future sales from us to the CLO V Refinancing Issuer on an ongoing basis. Such loans constituted part of the portfolio of assets securing the CLO V Refinancing Secured Notes. A portion of the of the portfolio assets securing the CLO V Refinancing Secured Notes consists of middle market loans purchased by the CLO V Issuer from ORCC Financing II LLC, a wholly-owned subsidiary of ours, under an additional loan sale agreement executed on the CLO V Closing Date between the CLO V Issuer and ORCC Financing II LLC and which the CLO V Refinancing Issuer and ORCC Financing II LLC amended and restated on the CLO V Refinancing Date in connection with the refinancing. We and ORCC Financing II LLC each made customary representations, warranties, and covenants to the CLO V Refinancing Issuer under the applicable loan sale agreement.

Through April 20, 2026, a portion of the proceeds received by the CLO V Issuer from the loans securing the CLO V Refinancing Secured Notes may be used by the Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO V Refinancing Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO V Refinancing Secured Notes are the secured obligation of the CLO V Refinancing Issuer, and the CLO V Refinancing Indenture includes customary covenants and events of default. The CLO V Refinancing Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO V Refinancing Issuer under an amended and restated collateral management agreement dated as of the CLO V Refinancing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO V Refinancing Issuer’s equity or notes owned by us. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO VI

On May 5, 2021 (the “CLO VI Closing Date”), we completed a $397.78 million term debt securitization transaction (the “CLO VI Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO VI Transaction were issued by our consolidated subsidiaries Owl Rock CLO VI, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO VI Issuer”), and Owl Rock CLO VI, LLC, a Delaware limited liability company (the “CLO VI Co-Issuer” and together with the CLO VI Issuer, the “CLO VI Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO VI Issuer.

The CLO VI Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO VI Closing Date (the “CLO VI Indenture”), by and among the CLO VI Issuers and State Street Bank and Trust Company: (i) $ 224 million of AAA(sf) Class A Notes, which bear interest at three-month LIBOR plus 1.45%, (ii) $26 million of AA(sf) Class B-1 Notes, which bear interest at three-month LIBOR plus 1.75% and (iii) $10 million of AA(sf) Class B-F Notes, which bear interest at a fixed rate of 2.83% (together, the “CLO VI Secured Notes”). The CLO VI Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the CLO VI Issuer. The CLO VI Secured Notes are scheduled to mature on June 21, 2032. The CLO VI Secured Notes are privately placed by SG Americas Securities, LLC. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO VI Secured Notes.

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Concurrently with the issuance of the CLO VI Secured Notes, the CLO VI Issuer issued approximately $137.78 million of subordinated securities in the form of 137,775 preferred shares at an issue price of U.S.$1,000 per share (the “CLO VI Preferred Shares”). The CLO VI Preferred Shares were issued by the CLO VI Issuer as part of its issued share capital and are not secured by the collateral securing the CLO VI Secured Notes. We purchased all of the CLO VI Preferred Shares, and as such, these securities are eliminated in consolidation. We will act as retention holder in connection with the CLO VI Transaction for the purposes of satisfying certain U.S., United Kingdom and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO VI Preferred Shares.

As part of the CLO VI Transaction, we entered into a loan sale agreement with the CLO VI Issuer dated as of the CLO VI Closing Date, which provides for the sale and contribution of approximately $205.6 million par amount of middle market loans from us to the CLO VI Issuer on the CLO VI Closing Date and for future sales from us to the CLO VI Issuer on an ongoing basis. Such loans constitute part of the initial portfolio of assets securing the CLO VI Secured Notes. The remainder of the initial portfolio assets securing the CLO VI Secured Notes consists of approximately $164.7 million par amount of middle market loans purchased by the CLO VI Issuer from ORCC Financing IV LLC, our wholly-owned subsidiary of ours, under an additional loan sale agreement executed on the CLO VI Closing Date between the Issuer and ORCC Financing IV LLC. We and ORCC Financing IV LLC each made customary representations, warranties, and covenants to the CLO VI Issuer under the applicable loan sale agreement.

Through June 20, 2024, a portion of the proceeds received by the CLO VI Issuer from the loans securing the CLO VI Secured Notes may be used by the CLO VI Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO VI Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The Secured Notes are the secured obligation of the CLO VI Issuers, and the CLO VI Indenture includes customary covenants and events of default. The CLO VI Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO VI Issuer under a collateral management agreement dated as of the CLO VI Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO VI Issuers’ equity or notes that we own. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO VII

On July 26, 2022 (the “CLO VII Closing Date”), we completed a $350.47 million term debt securitization transaction (the “CLO VII Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO VII Transaction and the secured loan borrowed in the CLO VII Transaction were issued and incurred, as applicable, by the our consolidated subsidiary Owl Rock CLO VII, LLC, a limited liability organized under the laws of the State of Delaware (the “CLO VII Issuer”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO VII Issuer.

The CLO VII Transaction was executed by (A) the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO VII Closing Date (the “CLO VII Indenture”), by and among the CLO VII Issuer and State Street Bank and Trust Company: (i) $48 million of AAA(sf) Class A-1 Notes, which bear interest at three-month term SOFR plus 2.10%, (ii) $24 million of AAA(sf) Class A-2 Notes, which bear interest at 5.00%, (iii) $6 million of AA(sf) Class B-1 Notes, which bear interest at three-month term SOFR plus 2.85% and (iv) $26.15 million of AA(sf) Class B-2 Notes, which bear interest at 5.71% and (v) $10 million of A(sf) Class C Notes, which bear interest at 6.86% (together, the “CLO VII Secured Notes”) and (B) the borrowing by the CLO VII Issuer of $75 million under floating rate Class A-L1 loans (the “CLO VII Class A-L1 Loans”) and $50 million under floating rate Class A-L2 loans (the “CLO VII Class A-L2 Loans” and together with the CLO VII Class A-L1 Loans and the CLO VII Secured Notes, the “CLO VII Debt”). The CLO VII Class A-L1 Loans and the CLO VII Class A-L2 Loans bear interest at three-month term SOFR plus 2.10%. The CLO VII Class A-L1 Loans were borrowed under a credit agreement (the “CLO VII A-L1 Credit Agreement”), dated as of the CLO VII Closing Date, by and among the CLO VII Issuer, as borrower, various financial institutions, as lenders, and State Street Bank and Trust Company, as collateral trustee and loan agent and the CLO VII Class A-L2 Loans were borrowed under a credit agreement (the “CLO VII A-L2 Credit Agreement”), dated as of the CLO VII Closing Date, by and among the CLO VII Issuer, as borrower, various financial institutions, as lenders, and State Street Bank and Trust Company, as collateral trustee and loan agent. The CLO VII Debt is secured by middle market loans, participation interests in middle market loans and other assets of the CLO VII Issuer. The CLO VII Debt is scheduled to mature on July 20, 2033. The CLO VII Secured Notes were privately placed by SG Americas Securities, LLC as Initial Purchaser.

Concurrently with the issuance of the CLO VII Secured Notes and the borrowing under the CLO VII Class A-L1 Loans and CLO VII Class A-L2 Loans, the CLO VII Issuer issued approximately $111.32 million of subordinated securities in the form of 111,320 preferred shares at an issue price of U.S.$1,000 per share (the “CLO VII Preferred Shares”). The CLO VII Preferred Shares

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were issued by the CLO VII Issuer as part of its issued share capital and are not secured by the collateral securing the CLO VII Debt. we purchased all of the CLO VII Preferred Shares. We act as retention holder in connection with the CLO VII Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO VII Preferred Shares.

As part of the CLO VII Transaction, we entered into a loan sale agreement with the CLO VII Issuer dated as of the CLO VII Closing Date, which provided for the sale and contribution of approximately $255.548 million par amount of middle market loans from us to the CLO VII Issuer on the CLO VII Closing Date and for future sales from us to the CLO VII Issuer on an ongoing basis. Such loans constituted part of the initial portfolio of assets securing the CLO VII Debt. The remainder of the initial portfolio assets securing the CLO VII Debt consisted of approximately $93.313 million par amount of middle market loans purchased by the CLO VII Issuer from ORCC Financing IV LLC, a wholly-owned subsidiary of ours, under an additional loan sale agreement executed on the CLO VII Closing Date between the CLO VII Issuer and ORCC Financing IV LLC. We and ORCC Financing IV LLC each made customary representations, warranties, and covenants to the CLO VII Issuer under the applicable loan sale agreement.

Through July 20, 2025, a portion of the proceeds received by the CLO VII Issuer from the loans securing the CLO VII Debt may be used by the CLO VII Issuer to purchase additional middle market loans under the direction of Blue Owl Credit Advisors LLC (“OCA”), our investment advisor, in its capacity as collateral manager for the CLO VII Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO VII Debt is the secured obligation of the CLO VII Issuer, and the CLO VII Indenture, the CLO VII A-L1 Credit Agreement and the CLO VII A-L2 Credit Agreement each include customary covenants and events of default. The CLO VII Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO VII Issuer under a collateral management agreement dated as of the CLO VII Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Amended and Restated Investment Advisory Agreement, between the Adviser and us will be offset by the amount of the collateral management fee attributable to the CLO VII Issuer’s equity or notes that we own. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO X

On March 9, 2023 (the “CLO X Closing Date”), we completed a $397.7 million term debt securitization transaction (the “CLO X Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO X Transaction were issued by our consolidated subsidiary Owl Rock CLO X, LLC, a limited liability organized under the laws of the State of Delaware (the “CLO X Issuer”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO X Issuer.

The CLO X Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO X Closing Date (the “CLO X Indenture”), by and among the CLO X Issuer and State Street Bank and Trust Company: (i) $228 million of AAA(sf) Class A Notes, which bear interest at three-month term SOFR plus 2.45% and (ii) $32 million of AA(sf) Class B Notes, which bear interest at three-month term SOFR plus 3.60% (together, the “CLO X Secured Notes”). The Secured Notes are secured by middle market loans, participation interests in middle market loans and other assets of the CLO X Issuer. The CLO X Secured Notes are scheduled to mature on April 20, 2035. The CLO X Secured Notes were privately placed by Deutsche Bank Securities Inc. as Initial Purchaser.

Concurrently with the issuance of the CLO X Secured Notes, the CLO X Issuer issued approximately $137.7 million of subordinated securities in the form of 137,700 preferred shares at an issue price of U.S. $1,000 per share (the “CLO X Preferred Shares”). The CLO X Preferred Shares were issued by the CLO X Issuer as part of its issued share capital and are not secured by the collateral securing the CLO X Secured Notes. We purchased all of the CLO X Preferred Shares. We act as retention holder in connection with the CLO X Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO X Preferred Shares.

As part of the CLO X Transaction, we entered into a loan sale agreement with the CLO X Issuer dated as of the CLO X Closing Date, which provided for the sale and contribution of approximately $245.9 million par amount of middle market loans from us to the CLO X Issuer on the CLO X Closing Date and for future sales from us to the CLO X Issuer on an ongoing basis. Such loans constituted part of the initial portfolio of assets securing the CLO X Secured Notes. The remainder of the initial portfolio assets securing the CLO X Secured Notes consisted of approximately $141.3 million par amount of middle market loans purchased by the CLO X Issuer from ORCC Financing III LLC, a wholly-owned subsidiary of ours, under an additional loan sale agreement executed

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on the CLO X Closing Date between the CLO X Issuer and ORCC Financing III LLC. We and ORCC Financing III LLC each made customary representations, warranties, and covenants to the CLO X Issuer under the applicable loan sale agreement.

Through April 20, 2027, a portion of the proceeds received by the CLO X Issuer from the loans securing the CLO X Secured Notes may be used by the CLO X Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO X Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO X Secured Notes are the secured obligation of the CLO X Issuer, and the CLO X Indenture includes customary covenants and events of default. The CLO X Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO X Issuer under a collateral management agreement dated as of the CLO X Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Amended and Restated Investment Advisory Agreement, between the Adviser and us will be offset by the amount of the collateral management fee attributable to the CLO X Issuer’s equity or notes that we own. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.

Unsecured Notes

2023 Notes

On December 21, 2017, the Company entered into a Note Purchase Agreement governing the issuance of $150 million in aggregate principal amount of unsecured notes (the “2023 Notes”) to institutional investors in a private placement. The issuance of $138.5 million of the 2023 Notes occurred on December 21, 2017, and $11.5 million of the 2023 Notes were issued in January 2018. The 2023 Notes had a fixed interest rate of 4.75% and were due on June 21, 2023. Interest on the 2023 Notes was due and ranked semiannually. This interest rate was subject to increase (up to a maximum interest rate of 5.50%) in the event that, subject to certain exceptions, the 2023 Notes ceased to have an investment grade rating. The Company was obligated to offer to repay the 2023 Notes at par if certain change in control events occur. The 2023 Notes were general unsecured obligations of the Company and ranked pari passu with all outstanding and future unsecured unsubordinated indebtedness issued by the Company.

The Note Purchase Agreement for the 2023 Notes contained customary terms and conditions for unsecured notes issued in a private placement, including, without limitation, affirmative and negative covenants such as information reporting, maintenance of the Company’s status as a BDC within the meaning of the 1940 Act and a RIC under the Code, minimum shareholders equity, minimum asset coverage ratio and prohibitions on certain fundamental changes at the Company or any subsidiary guarantor, as well as customary events of default with customary cure and notice, including, without limitation, nonpayment, misrepresentation in a material respect, breach of covenant, cross-default under other indebtedness of the Company or certain significant subsidiaries, certain judgments and orders, and certain events of bankruptcy.

The 2023 Notes were offered in reliance on Section 4(a)(2) of the Securities Act.

In connection with the offering of the 2023 Notes, on December 21, 2017, the Company entered into a centrally cleared interest rate swap. The notional amount of the interest rate swap was $150 million. The Company received fixed rate interest semi-annually at 4.75% and paid variable rate interest monthly based on 1-month LIBOR plus 2.545%. The interest rate swap matured on December 21, 2021, and therefore, for the three months ended March 31, 2023 and 2022, the Company did not make any periodic payments. The interest expense related to the 2023 Notes is equally offset by the proceeds received from the interest rate swap. The swap adjusted interest expense is included as a component of interest expense on the Company’s Consolidated Statements of Operations. Depending on the nature of the balance at period end, the fair value of the interest rate swap is either included as a component of accrued expenses and other liabilities or prepaid expenses and other assets on the Company’s Consolidated Statements of Assets and Liabilities. The change in fair value of the interest rate swap is offset by the change in fair value of the 2023 Notes, with the remaining difference included as a component of interest expense on the Consolidated Statements of Operations.

On November 23, 2021, we caused notice to be issued to the holders of the 2023 Notes regarding our exercise of the option to redeem in full all $150 million in aggregate principal amount of the 2023 Notes at 100% of their principal amount, plus the accrued and unpaid interest thereon through, but excluding, the redemption date, December 23, 2021. On December 23, 2021, we redeemed in full all $150 million in aggregate principal amount of the 2023 Notes at 100% of their principal amount, plus the accrued and unpaid interest thereon through, but excluding, December 23, 2021.

2024 Notes

On April 10, 2019, we issued $400 million aggregate principal amount of notes that mature on April 15, 2024 (the “2024 Notes”). The 2024 Notes bear interest at a rate of 5.25% per year, payable semi-annually on April 15 and October 15 of each year, commencing on October 15, 2019. We may redeem some or all of the 2024 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2024 Notes to be redeemed or (2) the sum of the present values of

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the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2024 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any 2024 Notes on or after March 15, 2024 (the date falling one month prior to the maturity date of the 2024 Notes), the redemption price for the 2024 Notes will be equal to 100% of the principal amount of the 2024 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

In connection with the issuance of the 2024 Notes, on April 10, 2019 we entered into centrally cleared interest rate swaps. The notional amount of the interest rate swaps is $400 million. We will receive fixed rate interest at 5.25% and pay variable rate interest based on one-month LIBOR plus 2.937%. The interest rate swaps mature on April 10, 2024. For the three and six months ended June 30, 2023, we made periodic payments of $9.5 million and $9.5 million, respectively. For the three and six months ended June 30, 2022, we made periodic payments of $4.3 million and $4.3 million, respectively. The interest expense related to the 2024 Notes is equally offset by the proceeds received from the interest rate swaps. The swap adjusted interest expense is included as a component of interest expense on our Consolidated Statements of Operations. As of June 30, 2023 and December 31, 2022, the interest rate swap had a fair value of $(9.9) million and $(13.1) million, respectively. Depending on the nature of the balance at period end, the fair value of the interest rate swap is either included as a component of accrued expenses and other liabilities or prepaid expenses and other assets on our Consolidated Statements of Assets and Liabilities. The change in fair value of the interest rate swap is offset by the change in fair value of the 2024 Notes, with the remaining difference included as a component of interest expense on the Consolidated Statements of Operations. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

2025 Notes

On October 8, 2019, we issued $425 million aggregate principal amount of notes that mature on March 30, 2025 (the “2025 Notes”). The 2025 Notes bear interest at a rate of 4.00% per year, payable semi-annually on March 30 and September 30 of each year, commencing on March 30, 2020. We may redeem some or all of the 2025 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2025 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2025 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 40 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any 2025 Notes on or after February 28, 2025 (the date falling one month prior to the maturity date of the 2025 Notes), the redemption price for the 2025 Notes will be equal to 100% of the principal amount of the 2025 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

July 2025 Notes

On January 22, 2020, we issued $500 million aggregate principal amount of notes that mature on July 22, 2025 (the “July 2025 Notes”). The July 2025 Notes bear interest at a rate of 3.75% per year, payable semi-annually on January 22 and July 22, of each year, commencing on July 22, 2020. We may redeem some or all of the July 2025 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the July 2025 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the July 2025 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 35 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any July 2025 Notes on or after June 22, 2025 (the date falling one month prior to the maturity date of the 2025 Notes), the redemption price for the July 2025 Notes will be equal to 100% of the principal amount of the July 2025 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

2026 Notes

On July 23, 2020, we issued $500 million aggregate principal amount of notes that mature on January 15, 2026 (the “2026 Notes”). The 2026 Notes bear interest at a rate of 4.25% per year, payable semi-annually on January 15 and July 15 of each year, commencing on January 15, 2021. We may redeem some or all of the 2026 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2026 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2026 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any 2026 Notes on or after December, 15 2025 (the date falling one month prior to the maturity date of the 2026 Notes), the redemption price for the 2026 Notes will be equal to 100% of the principal amount of the 2026 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

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July 2026 Notes

On December 8, 2020, we issued $1.0 billion aggregate principal amount of notes that mature on July 15, 2026 (the “July 2026 Notes”). The July 2026 Notes bear interest at a rate of 3.40% per year, payable semi-annually on January 15 and July 15 of each year, commencing on July 15, 2021. We may redeem some or all of the July 2026 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the July 2026 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the July 2026 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any July 2026 Notes on or after June 15, 2026 (the date falling one month prior to the maturity date of the July 2026 Notes), the redemption price for the July 2026 Notes will be equal to 100% of the principal amount of the July 2026 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt."

2027 Notes

On April 26, 2021, we issued $500 million aggregate principal amount of notes that mature on January 15, 2027 (the “2027 Notes”). The 2027 Notes bear interest at a rate of 2.625% per year, payable semi-annually on January 15 and July 15, of each year, commencing on July 15, 2021. We may redeem some or all of the 2027 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2027 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2027 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 30 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any 2027 Notes on or after December 15, 2026 (the date falling one month prior to the maturity date of the 2027 Notes), the redemption price for the 2027 Notes will be equal to 100% of the principal amount of the 2027 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

In connection with the issuance of the 2027 Notes, on April 26, 2021 we entered into centrally cleared interest rate swaps. The notional amount of the interest rate swaps is $500 million. We will receive fixed rate interest at 2.625% and pay variable rate interest based on one-month LIBOR plus 1.655%. The interest rate swaps mature on January 15, 2027. For the three months ended June 30, 2023 the Company made no periodic payments and for the six months ended June 30, 2023 the Company made $5.9 million in periodic payments. For the three months ended June 30, 2022 the Company made no periodic payments and for the six months ended June 30, 2022 the Company made $2.0 million in periodic payments. The interest expense related to the 2027 Notes is equally offset by the proceeds received from the interest rate swaps. The swap adjusted interest expense is included as a component of interest expense on our Consolidated Statements of Operations. As of June 30, 2023 and December 31, 2022, the interest rate swap had a fair value of $(55.9) million and $(56.4) million, respectively. Depending on the nature of the balance at period end, the fair value of the interest rate swap is either included as a component of accrued expenses and other liabilities or prepaid expenses and other assets on our Consolidated Statements of Assets and Liabilities. The change in fair value of the interest rate swap is offset by the change in fair value of the 2027 Notes, with the remaining difference included as a component of interest expense on the Consolidated Statements of Operations. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

2028 Notes

On June 11, 2021, we issued $450 million aggregate principal amount of notes that mature on June 11, 2028 and on August 17, 2021, we issued an additional $400 million aggregate principal amount of our 2.875% notes due 2028 (together, the “2028 Notes”). The 2028 Notes bear interest at a rate of 2.875% per year, payable semi-annually on June 11 and December 11, of each year, commencing on December 11, 2021. We may redeem some or all of the 2028 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2028 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2028 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 30 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any 2028 Notes on or after April 11, 2028 (the date falling two months prior to the maturity date of the 2028 Notes), the redemption price for the 2028 Notes will be equal to 100% of the principal amount of the 2028 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

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Off-Balance Sheet Arrangements

Portfolio Company Commitments

From time to time, we may enter into commitments to fund investments. The table below presents our outstanding commitments to fund investments in current portfolio companies as of the following periods:

Portfolio Company	Investment	June 30, 2023		December 31, 2022
($ in thousands)
3ES Innovation Inc. (dba Aucerna)	First lien senior secured revolving loan	$	2,193	$	2,193
AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC	LLC Interest	38,884		45,000
AAM Series 2.1 Aviation Feeder, LLC	LLC Interest	26,056		43,432
ABB/Con-cise Optical Group LLC	First lien senior secured revolving loan	—		354
Accela, Inc.	First lien senior secured revolving loan	3,000		3,000
Adenza Group, Inc.	First lien senior secured delayed draw term loan	8,331		8,331
Adenza Group, Inc.	First lien senior secured revolving loan	18,227		18,227
AmeriLife Holdings LLC	First lien senior secured delayed draw term loan	61		61
AmeriLife Holdings LLC	First lien senior secured revolving loan	76		91
AmSpec Group, Inc. (fka AmSpec Services Inc.)	First lien senior secured revolving loan	7,034		11,388
Anaplan, Inc.	First lien senior secured revolving loan	9,722		9,722
Apex Service Partners, LLC	First lien senior secured revolving loan	50		19
Apptio, Inc.	First lien senior secured revolving loan	1,945		1,112
Aramsco, Inc.	First lien senior secured revolving loan	—		6,703
Armstrong Bidco Limited (dba The Access Group)	First lien senior secured delayed draw term loan	157		273
Ascend Buyer, LLC (dba PPC Flexible Packaging)	First lien senior secured revolving loan	565		565
Associations, Inc.	First lien senior secured delayed draw term loan	17,370		45,792
Associations, Inc.	First lien senior secured revolving loan	32,923		32,923
Bayshore Intermediate #2, L.P. (dba Boomi)	First lien senior secured revolving loan	5,530		4,607
BCPE Osprey Buyer, Inc. (dba PartsSource)	First lien senior secured delayed draw term loan	28,014		28,014
BCPE Osprey Buyer, Inc. (dba PartsSource)	First lien senior secured revolving loan	7,377		11,855
BCTO BSI Buyer, Inc. (dba Buildertrend)	First lien senior secured revolving loan	8,036		8,036
Blend Labs, Inc.	First lien senior secured revolving loan	7,500		7,500
BP Veraison Buyer, LLC (dba Sun World)	First lien senior secured delayed draw term loan	—		29,054
BP Veraison Buyer, LLC (dba Sun World)	First lien senior secured revolving loan	8,716		8,716
Brightway Holdings, LLC	First lien senior secured revolving loan	1,579		3,158
Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.)	First lien senior secured delayed draw term loan	1,111		1,111
Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.)	First lien senior secured revolving loan	79		79
Centrify Corporation	First lien senior secured revolving loan	6,817		—
Circana Group, L.P. (fka The NPD Group, L.P.)	First lien senior secured revolving loan	1,389		1,329
CivicPlus, LLC	First lien senior secured revolving loan	2,213		2,698
Coupa Holdings, LLC	First lien senior secured delayed draw term loan	70		—
Coupa Holdings, LLC	First lien senior secured revolving loan	54		—
Denali BuyerCo, LLC (dba Summit Companies)	First lien senior secured delayed draw term loan	—		1,719
Denali BuyerCo, LLC (dba Summit Companies)	First lien senior secured revolving loan	2,998		2,998
Diamondback Acquisition, Inc. (dba Sphera)	First lien senior secured delayed draw term loan	1,080		1,080

161

Portfolio Company	Investment	June 30, 2023	December 31, 2022
Douglas Products and Packaging Company LLC	First lien senior secured revolving loan	2,202	2,447
EET Buyer, Inc. (dba e-Emphasys)	First lien senior secured revolving loan	455	455
Entertainment Benefits Group, LLC	First lien senior secured revolving loan	111	44
Evolution BuyerCo, Inc. (dba SIAA)	First lien senior secured revolving loan	10,709	10,709
Forescout Technologies, Inc.	First lien senior secured delayed draw term loan	48,750	48,750
Forescout Technologies, Inc.	First lien senior secured revolving loan	5,345	5,345
Fortis Solutions Group, LLC	First lien senior secured delayed draw term loan	—	13
Fortis Solutions Group, LLC	First lien senior secured revolving loan	400	400
Fullsteam Operations, LLC	First lien senior secured delayed draw term loan	—	3,987
Gainsight, Inc.	First lien senior secured revolving loan	959	3,357
Galls, LLC	First lien senior secured revolving loan	17,791	17,192
Gaylord Chemical Company, L.L.C.	First lien senior secured revolving loan	13,202	13,202
Gerson Lehrman Group, Inc.	First lien senior secured revolving loan	10,782	21,563
GI Apple Midco LLC (dba Atlas Technical Consultants)	First lien senior secured delayed draw term loan	159	—
GI Apple Midco LLC (dba Atlas Technical Consultants)	First lien senior secured revolving loan	79	—
GI Ranger Intermediate, LLC (dba Rectangle Health)	First lien senior secured revolving loan	221	332
Global Music Rights, LLC	First lien senior secured revolving loan	667	667
Granicus, Inc.	First lien senior secured revolving loan	819	789
H&F Opportunities LUX III S.À R.L (dba Checkmarx)	First lien senior secured revolving loan	16,250	16,250
Hercules Borrower, LLC (dba The Vincit Group)	First lien senior secured revolving loan	18,685	18,685
HGH Purchaser, Inc. (dba Horizon Services)	First lien senior secured delayed draw term loan	—	3,824
HGH Purchaser, Inc. (dba Horizon Services)	First lien senior secured revolving loan	165	6,520
Hissho Sushi Merger Sub LLC	First lien senior secured revolving loan	65	56
Hometown Food Company	First lien senior secured revolving loan	4,235	3,388
Ideal Image Development, LLC	First lien senior secured delayed draw term loan	—	1,463
Ideal Image Development, LLC	First lien senior secured revolving loan	1,829	1,829
Ideal Tridon Holdings, Inc.	First lien senior secured revolving loan	—	2,536
IG Investments Holdings, LLC (dba Insight Global)	First lien senior secured revolving loan	3,974	2,384
Indigo Buyer, Inc. (dba Inovar Packaging Group)	First lien senior secured delayed draw term loan	—	250
Indigo Buyer, Inc. (dba Inovar Packaging Group)	First lien senior secured revolving loan	83	83
BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC)	First lien senior secured revolving loan	19,291	21,567
Inovalon Holdings, Inc.	First lien senior secured delayed draw term loan	18,988	18,988
Integrity Marketing Acquisition, LLC	First lien senior secured revolving loan	14,832	14,832
Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.)	First lien senior secured revolving loan	4,566	—
Interoperability Bidco, Inc. (dba Lyniate)	First lien senior secured revolving loan	3,686	1,522
Kaseya Inc.	First lien senior secured delayed draw term loan	1,065	1,134
Kaseya Inc.	First lien senior secured revolving loan	851	1,134
Lightbeam Bidco, Inc. (dba Lazer Spot)	First lien senior secured delayed draw term loan	595	—
Lightbeam Bidco, Inc. (dba Lazer Spot)	First lien senior secured revolving loan	476	26,833
Lignetics Investment Corp.	First lien senior secured delayed draw term loan	—	3,922
Lignetics Investment Corp.	First lien senior secured revolving loan	157	1,882
Litera Bidco LLC	First lien senior secured revolving loan	5,738	4,160
Mario Purchaser, LLC (dba Len the Plumber)	First lien senior secured delayed draw term loan	3,729	4,880

162

Portfolio Company	Investment	June 30, 2023	December 31, 2022
Mario Purchaser, LLC (dba Len the Plumber)	First lien senior secured revolving loan	1,381	1,381
Medline Borrower, LP	First lien senior secured revolving loan	7,190	7,190
MHE Intermediate Holdings, LLC (dba OnPoint Group)	First lien senior secured revolving loan	11,496	13,361
Milan Laser Holdings LLC	First lien senior secured revolving loan	2,078	2,078
MINDBODY, Inc.	First lien senior secured revolving loan	6,071	6,071
Ministry Brands Holdings, LLC	First lien senior secured delayed draw term loan	197	226
Ministry Brands Holdings, LLC	First lien senior secured revolving loan	43	34
National Dentex Labs LLC (fka Barracuda Dental LLC)	First lien senior secured revolving loan	1,873	171
Natural Partners, LLC	First lien senior secured revolving loan	68	68
Nelipak Holding Company	First lien senior secured USD revolving loan	6,165	6,299
Nelipak Holding Company	First lien senior secured EUR revolving loan	5,458	4,481
NMI Acquisitionco, Inc. (dba Network Merchants)	First lien senior secured delayed draw term loan	3,077	3,077
NMI Acquisitionco, Inc. (dba Network Merchants)	First lien senior secured revolving loan	1,652	1,652
Norvax, LLC (dba GoHealth)	First lien senior secured revolving loan	12,273	12,273
Notorious Topco, LLC (dba Beauty Industry Group)	First lien senior secured delayed draw term loan	6,385	6,385
Notorious Topco, LLC (dba Beauty Industry Group)	First lien senior secured revolving loan	8,939	7,981
OB Hospitalist Group, Inc.	First lien senior secured revolving loan	8,483	9,897
Ole Smoky Distillery, LLC	First lien senior secured revolving loan	116	116
Pacific BidCo Inc.	First lien senior secured delayed draw term loan	3,436	3,436
Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.)	First lien senior secured revolving loan	13,538	10,637
PCF Holdco, LLC (dba PCF Insurance Services)	Series A Preferred Units	5,825	—
Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services)	First lien senior secured revolving loan	6,161	6,161
Ping Identity Holding Corp.	First lien senior secured revolving loan	91	91
Plasma Buyer LLC (dba PathGroup)	First lien senior secured delayed draw term loan	176	176
Plasma Buyer LLC (dba PathGroup)	First lien senior secured revolving loan	76	76
Pluralsight, LLC	First lien senior secured revolving loan	3,118	3,118
PPV Intermediate Holdings, LLC	First lien senior secured delayed draw term loan	—	110
PPV Intermediate Holdings, LLC	First lien senior secured revolving loan	67	49
Project Power Buyer, LLC (dba PEC-Veriforce)	First lien senior secured revolving loan	3,188	3,188
PS Operating Company LLC (fka QC Supply, LLC)	First lien senior secured revolving loan	1,324	1,159
QAD, Inc.	First lien senior secured revolving loan	3,429	3,429
Quva Pharma, Inc.	First lien senior secured revolving loan	2,160	2,080
Relativity ODA LLC	First lien senior secured revolving loan	7,333	7,333
SailPoint Technologies Holdings, Inc.	First lien senior secured revolving loan	4,358	4,358
Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC)	First lien senior secured revolving loan	2,700	1,980
Securonix, Inc.	First lien senior secured revolving loan	153	153
Sensor Technology Topco, Inc. (dba Humanetics)	First lien senior secured revolving loan	4,525	—
SimpliSafe Holding Corporation	First lien senior secured delayed draw term loan	772	772
Smarsh Inc.	First lien senior secured delayed draw term loan	95	95
Smarsh Inc.	First lien senior secured revolving loan	8	48
Sonny's Enterprises LLC	First lien senior secured delayed draw term loan	1,000	—
Sonny's Enterprises LLC	First lien senior secured revolving loan	17,969	17,969
Spotless Brands, LLC	First lien senior secured revolving loan	1,305	1,305
Summit Acquisition Inc. (dba K2 Insurance Services)	First lien senior secured delayed draw term loan	178	—

163

Portfolio Company	Investment	June 30, 2023		December 31, 2022
Summit Acquisition Inc. (dba K2 Insurance Services)	First lien senior secured revolving loan	89		—
Swipe Acquisition Corporation (dba PLI)	First lien senior secured delayed draw term loan	6,228		6,228
Swipe Acquisition Corporation (dba PLI)	Letter of Credit	7,118		7,118
SWK BUYER, Inc. (dba Stonewall Kitchen)	First lien senior secured delayed draw term loan	—		175
SWK BUYER, Inc. (dba Stonewall Kitchen)	First lien senior secured revolving loan	5		46
Tahoe Finco, LLC	First lien senior secured revolving loan	9,244		9,244
Tall Tree Foods, Inc.	First lien senior secured delayed draw term loan	1,500		—
Tamarack Intermediate, L.L.C. (dba Verisk 3E)	First lien senior secured revolving loan	117		116
Tempo Buyer Corp. (dba Global Claims Services)	First lien senior secured delayed draw term loan	308		308
Tempo Buyer Corp. (dba Global Claims Services)	First lien senior secured revolving loan	95		141
The Shade Store, LLC	First lien senior secured revolving loan	436		655
THG Acquisition, LLC (dba Hilb)	First lien senior secured revolving loan	6,695		8,608
Thunder Purchaser, Inc. (dba Vector Solutions)	First lien senior secured delayed draw term loan	7,018		7,018
Thunder Purchaser, Inc. (dba Vector Solutions)	First lien senior secured revolving loan	603		2,522
Troon Golf, L.L.C.	First lien senior secured revolving loan	21,622		21,622
Ultimate Baked Goods Midco, LLC	First lien senior secured revolving loan	9,946		7,335
Unified Women's Healthcare, LP	First lien senior secured delayed draw term loan	4		33
Unified Women's Healthcare, LP	First lien senior secured revolving loan	88		88
USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners)	First lien senior secured revolving loan	4,239		4,239
Valence Surface Technologies LLC	First lien senior secured revolving loan	49		49
Velocity HoldCo III Inc. (dba VelocityEHS)	First lien senior secured revolving loan	447		1,072
Walker Edison Furniture Company LLC	First lien senior secured delayed draw term loan	2,248		—
When I Work, Inc.	First lien senior secured revolving loan	925		925
Wingspire Capital Holdings LLC	LLC Interest	49,855		35,855
WU Holdco, Inc. (dba Weiman Products, LLC)	First lien senior secured revolving loan	8,066		9,219
Zendesk, Inc.	First lien senior secured delayed draw term loan	17,352		17,352
Zendesk, Inc.	First lien senior secured revolving loan	7,145		7,145
Total Unfunded Portfolio Company Commitments		$	808,440	$	926,091

We seek to carefully consider our unfunded portfolio company commitments for the purpose of planning our ongoing financial leverage. Further, we consider any outstanding unfunded portfolio company commitments we are required to fund within the 150% asset coverage limitation. As of June 30, 2023, we believed we had adequate financial resources to satisfy the unfunded portfolio company commitments.

Other Commitments and Contingencies

On November 3, 2020, our Board approved a repurchase program (the “2020 Repurchase Program”) under which we were authorized to repurchase up to $100 million of our outstanding common stock. Under the 2020 Repurchase Program, purchases were made at management’s discretion from time to time in open-market transactions, in accordance with all applicable securities laws and regulations. On November 2, 2021, the Board approved an extension to the 2020 Repurchase Program, and on November 2, 2022, the 2020 Repurchase Program ended in accordance with its terms. As of December 31, 2022, Goldman, Sachs & Co., as agent, had repurchased 944,076 shares of our common stock pursuant to the 2020 Repurchase Plan for approximately $12.6 million.

On November 1, 2022, the Board approved a repurchase program (the “2022 Repurchase Program”) under which we may repurchase up to $150 million of our outstanding common stock. Under the 2022 Stock Repurchase Program, purchases may be made at management’s discretion from time to time in open-market transactions, in accordance with all applicable securities laws and regulations. Unless extended by the Board, the 2022 Stock Repurchase Program will terminate 18-months from the date it was

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approved. Since the 2022 Repurchase Program’s inception, Goldman, Sachs & Co., as agent, has repurchased 4,090,138 shares of our common stock pursuant to the 2022 Stock Repurchase Plan for approximately $50.0 million as of June 30, 2023.

From time to time, we may become a party to certain legal proceedings incidental to the normal course of its business. At June 30, 2023, we were not aware of any material pending or threatened litigation that would require accounting recognition or financial statement disclosure.

Contractual Obligations

The table below presents a summary of our contractual payment obligations under our credit facilities as of June 30, 2023:

	Payments Due by Period
($ in millions)	Total		Less than 1 year		1-3 years		3-5 years		After 5 years
Revolving Credit Facility	$	1,795.0	$	—	$	15.0	$	1,780.0	$	—
SPV Asset Facility II	250.0		—		—		—		250.0
CLO I	390.0		—		—		—		390.0
CLO II	260.0		—		—		—		260.0
CLO III	260.0		—		—		—		260.0
CLO IV	292.5		—		—		—		292.5
CLO V	509.6		—		—		—		509.6
CLO VI	260.0		—		—		—		260.0
CLO VII	239.2		—		—		—		239.2
CLO X	260.0		—		—		—		260.0
2024 Notes	400.0		400.0				—		—
2025 Notes	425.0		—		425.0		—		—
July 2025 Notes	500.0		—		500.0		—		—
2026 Notes	500.0		—		500.0		—		—
July 2026 Notes	1,000.0		—		—		1,000.0		—
2027 Notes	500.0		—		—		500.0		—
2028 Notes	850.0		—		—		850.0		—
Total Contractual Obligations	$	8,691.3	$	400.0	$	1,440.0	$	4,130.0	$	2,721.3

Related-Party Transactions

We have entered into a number of business relationships with affiliated or related parties, including the following:

•the Investment Advisory Agreement;

•the Administration Agreement; and

•the License Agreement.

In addition to the aforementioned agreements, we, our Adviser and certain of our Adviser’s affiliates have been granted exemptive relief by the SEC to co-invest with other funds managed by the Adviser or its affiliates, in a manner consistent with our investment objective, positions, policies, strategies and restrictions as well as regulatory requirements and other pertinent factors. See “ITEM 1. – Notes to Consolidated Financial Statements – Note 3. Agreements and Related Party Transactions” for further details.

We invest in Wingspire, Amergin AssetCo, Fifth Season and OBDC SLF, controlled affiliated investments, as defined in the 1940 Act. See “ITEM 1. – Notes to Consolidated Financial Statements – Note 3. Agreements and Related Party Transactions” for further details.

We invest in LSI Financing, a non-controlled affiliated investment, as defined in the 1940 Act. See “ITEM 1. – Notes to Consolidated Financial Statements – Note 3. Agreements and Related Party Transactions” for further details.

Critical Accounting Policies

The preparation of the consolidated financial statements requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. Changes in the economic environment, financial markets, and any other parameters used in determining such estimates could cause actual results to differ. Our critical accounting policies should be read in connection with our risk factors as described in Form 10-K for the fiscal year ended December 31, 2022 and in Form 10-Q for the quarter ended March 31, 2023 in “ITEM 1A. RISK FACTORS.”

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Investments at Fair Value

Investment transactions are recorded on the trade date. Realized gains or losses are measured by the difference between the net proceeds received (excluding prepayment fees, if any) and the amortized cost basis of the investment using the specific identification method without regard to unrealized gains or losses previously recognized, and include investments charged off during the period, net of recoveries. The net change in unrealized gains or losses primarily reflects the change in investment values, including the reversal of previously recorded unrealized gains or losses with respect to investments realized during the period.

Rule 2a-5 under the 1940 Act was adopted by the SEC in January 2021 and establishes requirements for determining fair value in good faith for purposes of the 1940 Act. The Company complied with the mandatory provisions of Rule 2a-5 by the September 2022 compliance date. Additionally, commencing with the fourth quarter of 2022, pursuant to Rule 2a-5, the Board designated the Adviser as the Company's valuation designee to perform fair value determinations relating to the value of assets held by the Company for which market quotations are not readily available.

Investments for which market quotations are readily available are typically valued at the average bid price of those market quotations. To validate market quotations, we utilize a number of factors to determine if the quotations are representative of fair value, including the source and number of the quotations. Debt and equity securities that are not publicly traded or whose market prices are not readily available, as is the case for substantially all of our investments, are valued at fair value as determined in good faith by our Adviser, as the valuation designee, based on, among other things, independent third-party valuation firm(s) engaged at the direction of our Adviser.

As part of the valuation process, our Adviser, as the valuation designee takes into account relevant factors in determining the fair value of our investments, including: the estimated enterprise value of a portfolio company (i.e., the total fair value of the portfolio company’s debt and equity), the nature and realizable value of any collateral, the portfolio company’s ability to make payments based on its earnings and cash flow, the markets in which the portfolio company does business, a comparison of the portfolio company’s securities to any similar publicly traded securities, and overall changes in the interest rate environment and the credit markets that may affect the price at which similar investments may be made in the future. When an external event such as a purchase transaction, public offering or subsequent equity sale occurs, the Board considers whether the pricing indicated by the external event corroborates its valuation.

Our Adviser, as the valuation designee, undertakes a multi-step valuation process, which includes, among other procedures, the following:

•With respect to investments for which market quotations are readily available, those investments will typically be valued at the average bid price of those market quotations;

•With respect to investments for which market quotations are not readily available, the valuation process begins with the independent valuation firm(s) providing a preliminary valuation of each investment to the Adviser’s valuation committee;

•Preliminary valuation conclusions are documented and discussed with the Adviser’s valuation committee;

•Our Adviser, as the valuation designee, reviews the recommended valuations and determines the fair value of each investment;

•Each quarter, our Adviser, as the valuation designee, provides the Audit Committee a summary or description of material fair value matters that occurred in the prior quarter and on an annual basis, our Adviser, as the valuation designee, will provide the Audit Committee with a written assessment of the adequacy and effectiveness of its fair value process; and

•The Audit Committee oversee the valuation designee and will report to the Board on any valuation matters requiring the Board’s attention.

We conduct this valuation process on a quarterly basis.

We apply ASC 820, which establishes a framework for measuring fair value in accordance with U.S. GAAP and required disclosures of fair value measurements. ASC 820 determines fair value to be the price that would be received for an investment in a current sale, which assumes an orderly transaction between market participants on the measurement date. Market participants are defined as buyers and sellers in the principal or most advantageous market (which may be a hypothetical market) that are independent, knowledgeable, and willing and able to transact. In accordance with ASC 820, we consider its principal market to be the market that has the greatest volume and level of activity. ASC 820 specifies a fair value hierarchy that prioritizes and ranks the level of observability of inputs used in determination of fair value. In accordance with ASC 820, these levels are summarized below:

•Level 1 – Valuations based on quoted prices in active markets for identical assets or liabilities that we have the ability to access.

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•Level 2 – Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly.

•Level 3 – Valuations based on inputs that are unobservable and significant to the overall fair value measurement.

Transfers between levels, if any, are recognized at the beginning of the period in which the transfer occurred. In addition to using the above inputs in investment valuations, we apply the valuation policy approved by our Board that is consistent with ASC 820. Consistent with the valuation policy, our Adviser, as the valuation designee, evaluates the source of the inputs, including any markets in which our investments are trading (or any markets in which securities with similar attributes are trading), in determining fair value. When an investment is valued based on prices provided by reputable dealers or pricing services (that is, broker quotes), our Adviser, as the valuation designee, subjects those prices to various criteria in making the determination as to whether a particular investment would qualify for treatment as a Level 2 or Level 3 investment. For example, our Adviser, as the valuation designee, or the independent valuation firm(s), review pricing support provided by dealers or pricing services in order to determine if observable market information is being used, versus unobservable inputs.

Due to the inherent uncertainty of determining the fair value of investments that do not have a readily available market value, the fair value of our investments may fluctuate from period to period. Additionally, the fair value of such investments may differ significantly from the values that would have been used had a ready market existed for such investments and may differ materially from the values that may ultimately be realized. Further, such investments are generally less liquid than publicly traded securities and may be subject to contractual and other restrictions on resale. If we were required to liquidate a portfolio investment in a forced or liquidation sale, it could realize amounts that are different from the amounts presented and such differences could be material.

In addition, changes in the market environment and other events that may occur over the life of the investments may cause the gains or losses ultimately realized on these investments to be different than the unrealized gains or losses reflected herein.

Financial and Derivative Instruments

Rule 18f-4 was adopted by the SEC in December 2020, and requires BDCs that use derivatives to, among other things, comply with a value-at-risk leverage limit, adopt a derivatives risk management program, and implement certain testing and board reporting procedures. Rule 18f-4 exempts BDCs that qualify as “limited derivatives users” from the aforementioned requirements, provided that these BDCs adopt written policies and procedures that are reasonably designed to manage the BDC’s derivatives risks and comply with certain recordkeeping requirements. The Company currently qualifies as a “limited derivatives user” and expects to continue to do so. The Company adopted a derivatives policy by Rule 18f-4’s August 2022 compliance date, and complies with the recordkeeping requirements.

Interest and Dividend Income Recognition

Interest income is recorded on the accrual basis and includes amortization and accretion of discounts or premiums. Certain investments may have contractual payment-in-kind (“PIK”) interest or dividends. PIK interest or dividends represent accrued interest or dividends that are added to the principal amount of the investment on the respective interest or dividend payment dates rather than being paid in cash and generally becomes due at maturity or at the occurrence of a liquidation event. Discounts to par value on securities purchased are amortized into interest income over the contractual life of the respective security using the effective yield method. Premiums to par value on securities purchased are amortized to first call date. The amortized cost of investments represents the original cost adjusted for the amortization or accretion of discounts or premiums, if any. Upon prepayment of a loan or debt security, any prepayment premiums, unamortized upfront loan origination fees and unamortized discounts are recorded as interest income in the current period.

Loans are generally placed on non-accrual status when there is reasonable doubt that principal or interest will be collected in full. Accrued interest is generally reversed when a loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as income or applied to principal depending upon management’s judgment regarding collectability. If at any point we believe PIK interest is not expected to be realized, the investment generating PIK interest will be placed on non-accrual status. When a PIK investment is placed on non-accrual status, the accrued, uncapitalized interest or dividends are generally reversed through interest income. Non-accrual loans are restored to accrual status when past due principal and interest is paid current and, in management’s judgment, are likely to remain current. Management may make exceptions to this treatment and determine to not place a loan on non-accrual status if the loan has sufficient collateral value and is in the process of collection.

Dividend income on preferred equity securities is recorded on the accrual basis to the extent that such amounts are payable by the portfolio company and are expected to be collected. Dividend income on common equity securities is recorded on the record date for private portfolio companies or on the ex-dividend date for publicly-traded portfolio companies.

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Distributions

We have elected to be treated for U.S. federal income tax purposes, and qualify annually thereafter, as a RIC under Subchapter M of the Code. To obtain and maintain our tax treatment as a RIC, we must distribute (or be deemed to distribute) in each taxable year distributions for tax purposes equal to at least 90 percent of the sum of our:

•investment company taxable income (which is generally our ordinary income plus the excess of realized short-term capital gains over realized net long-term capital losses), determined without regard to the deduction for dividends paid, for such taxable year; and

•net tax-exempt interest income (which is the excess of our gross tax-exempt interest income over certain disallowed deductions) for such taxable year.

As a RIC, we (but not our shareholders) generally will not be subject to U.S. federal tax on investment company taxable income and net capital gains that we distribute to our shareholders.

We intend to distribute annually all or substantially all of such income. To the extent that we retain our net capital gains or any investment company taxable income, we generally will be subject to U.S. federal income tax at corporate rates. We can be expected to carry forward our net capital gains or any investment company taxable income in excess of current year dividend distributions, and pay the U.S. federal excise tax as described below.

Amounts not distributed on a timely basis in accordance with a calendar year distribution requirement are subject to a nondeductible 4% U.S. federal excise tax payable by us. We may be subject to a nondeductible 4% U.S. federal excise tax if we do not distribute (or are treated as distributing) during each calendar year an amount at least equal to the sum of:

•98% of our net ordinary income excluding certain ordinary gains or losses for that calendar year;

•98.2% of our capital gain net income, adjusted for certain ordinary gains and losses, recognized for the twelve-month period ending on October 31 of that calendar year; and

•100% of any income or gains recognized, but not distributed, in preceding years.

While we intend to distribute any income and capital gains in the manner necessary to minimize imposition of the 4% U.S. federal excise tax, sufficient amounts of our taxable income and capital gains may not be distributed and as a result, in such cases, the excise tax will be imposed. In such an event, we will be liable for this tax only on the amount by which we do not meet the foregoing distribution requirement.

We intend to pay quarterly distributions to our shareholders out of assets legally available for distribution. All distributions will be paid at the discretion of our Board and will depend on our earnings, financial condition, maintenance of our tax treatment as a RIC, compliance with applicable BDC regulations and such other factors as our Board may deem relevant from time to time.

To the extent our current taxable earnings for a year fall below the total amount of our distributions for that year, a portion of those distributions may be deemed a return of capital to our shareholders for U.S. federal income tax purposes. Thus, the source of a distribution to our shareholders may be the original capital invested by the shareholder rather than our income or gains. Shareholders should read written disclosure carefully and should not assume that the source of any distribution is our ordinary income or gains.

We have adopted an “opt out” dividend reinvestment plan for our common shareholders. As a result, if we declare a cash dividend or other distribution, each shareholder that has not “opted out” of our dividend reinvestment plan will have their dividends or distributions automatically reinvested in additional shares of our common stock rather than receiving cash distributions. Shareholders who receive distributions in the form of shares of common stock will be subject to the same U.S. federal, state and local tax consequences as if they received cash distributions.

Income Taxes

We have elected to be treated as a BDC under the 1940 Act. We have also elected to be treated as a RIC under the Code beginning with the taxable year ending December 31, 2016 and intend to continue to qualify as a RIC. So long as we maintain our tax treatment as a RIC, we generally will not pay U.S. federal income taxes at corporate rates on any ordinary income or capital gains that we distribute at least annually to our shareholders as distributions. Rather, any tax liability related to income earned and distributed by us represents obligations of our investors and will not be reflected in our consolidated financial statements.

To qualify as a RIC, we must, among other things, meet certain source-of-income and asset diversification requirements. In addition, to qualify for RIC tax treatment, we must distribute to our shareholders, for each taxable year, at least 90% of our “investment company taxable income” for that year, which is generally our ordinary income plus the excess of our realized net short-term capital gains over our realized net long-term capital losses. In order for us to not be subject to U.S. federal excise taxes, we must distribute annually an amount at least equal to the sum of (i) 98% of our net ordinary income (taking into account certain deferrals and elections) for the calendar year, (ii) 98.2% of our capital gains in excess of capital losses for the one-year period ending on October 31 of the calendar year and (iii) any net ordinary income and capital gains in excess of capital losses for preceding years that were not

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distributed during such years. We, at our discretion, may carry forward taxable income in excess of calendar year dividends and pay a 4% nondeductible U.S. excise tax on this income.

Certain consolidated subsidiaries of ours are subject to U.S. federal and state corporate-level income taxes. We evaluate tax positions taken or expected to be taken in the course of preparing our consolidated financial statements to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions not deemed to meet the “more-likely-than-not” threshold are reserved and recorded as a tax benefit or expense in the current year. All penalties and interest associated with income taxes are included in income tax expense. Conclusions regarding tax positions are subject to review and may be adjusted at a later date based on factors including, but not limited to, on-going analyses of tax laws, regulations and interpretations thereof. There were no material uncertain tax positions through December 31, 2022. As applicable, our prior three tax years remain subject to examination by U.S. federal, state and local tax authorities.

Recent Developments

Blue Owl Capital Corporation was formerly known as “Owl Rock Capital Corporation.” On June 22, 2023, we filed Articles of Amendment in the state of Maryland to formally change our name to “Blue Owl Capital Corporation.” Our new name took effect on July 6, 2023 and our ticker symbol on the New York Stock Exchange changed to “OBDC”.

On July 18, 2023, Owl Rock CLO II, LLC entered into a second supplemental indenture to the CLO II Indenture, which made certain benchmark conforming changes to facilitate the transition of the reference rate applicable to the securities issued under the CLO II Indenture from LIBOR to term SOFR plus a spread adjustment.

On July 18, 2023, Owl Rock CLO III, LLC entered into a second supplemental indenture to the CLO III Indenture, which made certain benchmark conforming changes to facilitate the transition of the reference rate applicable to the securities issued under the CLO II Indenture from LIBOR to term SOFR plus a spread adjustment.

On July 18, 2023, Owl Rock CLO IV, LLC entered into a second supplemental indenture to the CLO IV Indenture, which made certain benchmark conforming changes to facilitate the transition of the reference rate applicable to the securities issued under the CLO IV Indenture from LIBOR to term SOFR plus a spread adjustment.

On July 18, 2023, Owl Rock CLO VI, LLC entered into a supplemental indenture to the CLO VI Indenture, which made certain benchmark conforming changes to facilitate the transition of the reference rate applicable to the securities issued under the CLO VI Indenture from LIBOR to term SOFR plus a spread adjustment.

On August 8, 2023, our Board declared a third quarter dividend of $0.33 per share for stockholders of record as of September 29, 2023, payable on or before October 13, 2023 and a second quarter supplemental of $0.07 per share for stockholders of record as of August 31, 2023, payable on or before September 15, 2023.

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Item 3. Quantitative and Qualitative Disclosures About Market Risk.

We are subject to financial market risks, including valuation risk, interest rate risk, currency risk, credit risk and inflation risk.

Valuation Risk

We have invested, and plan to continue to invest, primarily in illiquid debt and equity securities of private companies. Most of our investments will not have a readily available market price, and we value these investments at fair value as determined in good faith by the Adviser, as our valuation designee, based on, among other things, the input of independent third-party valuation firm(s) engaged at the direction of the Adviser, as our valuation designee, and in accordance with our valuation policy. There is no single standard for determining fair value. As a result, determining fair value requires that judgment be applied to the specific facts and circumstances of each portfolio investment while employing a consistently applied valuation process for the types of investments we make. If we were required to liquidate a portfolio investment in a forced or liquidation sale, we may realize amounts that are different from the amounts presented and such differences could be material.

Interest Rate Risk

Interest rate sensitivity refers to the change in earnings that may result from changes in the level of interest rates. We intend to fund portions of our investments with borrowings, and at such time, our net investment income will be affected by the difference between the rate at which we invest and the rate at which we borrow. Accordingly, we cannot assure you that a significant change in market interest rates will not have a material adverse effect on our net investment income.

In a low interest rate environment, the difference between the total interest income earned on interest earning assets and the total interest expense incurred on interest bearing liabilities may be compressed, reducing our net income and potentially adversely affecting our operating results. Conversely, in a rising interest rate environment, such difference could potentially increase thereby increasing our net income as indicated per the table below.

As of June 30, 2023, 98.1% of our debt investments based on fair value were floating rates. Additionally, the weighted average floor, based on fair value, of our debt investments was 0.8% and the majority of our debt investments have a floor of 1.0%. The Revolving Credit Facility and SPV Asset Facility II bear interest at variable interest rates with no interest rate floor. The 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes, and 2028 Notes bear interest at fixed rates. The 2024 Notes and 2027 Notes are hedged against interest rate swaps instruments. CLO IV, CLO VI and CLO X bear interest at variables rates. CLO I, CLO II, CLO III, CLO V and CLO VII bear interest at fixed and variable rates.

Based on our Consolidated Statements of Assets and Liabilities as of June 30, 2023, the following table shows the annualized impact on net income of hypothetical base rate changes in interest rates on our debt investments (considering interest rate floors for floating rate instruments) assuming each floating rate investment is subject to 3-month reference rate election and there are no changes in our investment and borrowing structure:

($ in millions)	Interest Income		Interest Expense(1)		Net Income(2)
Up 300 basis points	$	332,748	$	110,908	$	221,840
Up 200 basis points	221,832		73,938		147,894
Up 100 basis points	110,916		36,969		73,947
Down 100 basis points	(110,916)		(36,969)		(73,947)
Down 200 basis points	(221,832)		(73,938)		(147,894)
Down 300 basis points	(332,748)		(110,908)		(221,840)

_____________

(1)Includes the impact of our interest rate swaps as a result of interest rate changes.

(2)Excludes the impact of income based fees. See “ITEM 1. — Notes to Consolidated Financial Statements - Note 3. Agreements and Related Party Transactions" of our consolidated financial statements for more information on the income based fees.

We may in the future hedge against interest rate fluctuations by using hedging instruments such as additional interest rate swaps, futures, options, and forward contracts. While hedging activities may mitigate our exposure to adverse fluctuations in interest rates, certain hedging transactions that we may enter into in the future, such as interest rate swap agreements, may also limit our ability to participate in the benefits of lower interest rates with respect to our portfolio investments.

Currency Risk

From time to time, we may make investments that are denominated in a foreign currency. These investments are translated into U.S. dollars at each balance sheet date, exposing us to movements in foreign exchange rates. We may employ hedging techniques to minimize these risks, but we cannot assure you that such strategies will be effective or without risk to us. We may seek to utilize instruments such as, but not limited to, forward contracts to seek to hedge against fluctuations in the relative values of our portfolio positions from changes in currency exchange rates. We also have the ability to borrow in certain foreign currencies under our credit

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facilities. Instead of entering into a foreign currency forward contract in connection with loans or other investments we have made that are denominated in a foreign currency, we may borrow in that currency to establish a natural hedge against our loan or investment. To the extent the loan or investment is based on a floating rate other than a rate under which we can borrow under our credit facilities, we may seek to utilize interest rate derivatives to hedge our exposure to changes in the associated rate.

Credit Risk

We generally endeavor to minimize our risk of exposure by limiting to reputable financial institutions the counterparties with which we enter into financial transactions. As of June 30, 2023 and December 31, 2022, we held the majority of our cash balances with a single highly rated money center bank and such balances are in excess of Federal Deposit Insurance Corporation insured limits. We seek to mitigate this exposure by monitoring the credit standing of these financial institutions.

Inflation Risk

Inflation is likely to continue in the near to medium-term, particularly in the United States, with the possibility that monetary policy has tightened in response. Persistent inflationary pressures could affect our portfolio companies profit margins.

Item 4. Controls and Procedures

(a)Evaluation of Disclosure Controls and Procedures

In accordance with Rules 13a-15(b) and 15d-15(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), we, under the supervision and with the participation of our Chief Executive Officer and Chief Financial Officer, carried out an evaluation of the effectiveness of our disclosure controls and procedures (as defined in Rule 13a-15(e) and Rule 15d-15(e) of the Exchange Act) as of the end of the period covered by this Quarterly Report on Form 10-Q and determined that our disclosure controls and procedures are effective as of the end of the period covered by the Quarterly Report on Form 10-Q.

(b) Changes in Internal Controls Over Financial Reporting

There have been no changes in our internal control over financial reporting that occurred during the quarter ended June 30, 2023 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II OTHER INFORMATION

Item 1. Legal Proceedings

Neither we nor the Adviser are currently subject to any material legal proceedings, nor, to our knowledge, are any material legal proceeding threatened against us. From time to time, we may be a party to certain legal proceedings in the ordinary course of business, including proceedings relating to the enforcement of our rights under contracts with our portfolio companies. Our business is also subject to extensive regulation, which may result in regulatory proceedings against us. While the outcome of any such future legal or regulatory proceedings cannot be predicted with certainty, we do not expect that any such future proceedings will have a material effect upon our financial condition or results of operations.

Item 1A. Risk Factors

In addition to the other information set forth in this report, you should carefully consider the risk factors discussed in Part I, “ITEM 1A. RISK FACTORS” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and our Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2023, which could materially affect our business, financial condition and/or operating results. The risks described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and our Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2023 are not the only risks facing us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially and adversely affect our business, financial condition and/or operating results.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

Other than the shares issued pursuant to our dividend reinvestment plan, we did not sell any unregistered equity securities, except as previously disclosed in certain 8-Ks filed with the SEC.

In the second quarter 2023, pursuant to our dividend reinvestment plan, we purchased 643,235 shares of our common stock in the open market, at a weighted average price of $12.85 per share, for distribution to stockholders of record as of March 31, 2023 and May 31, 2023 for the first quarter dividend and supplemental first quarter dividend, respectively, that did not opt out of our dividend reinvestment plan in order to satisfy the reinvestment portion of our dividends.

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The following provides information regarding purchases of the Company’s common stock by Goldman Sachs & Co., as agent, pursuant to the 2022 Stock Repurchase Program. Repurchases under the 2022 Stock Repurchase Program for the following period:

Period ($ in millions, except share and per share amounts)	Total Number of Shares Repurchased	Average Price Paid per Share		Approximate Dollar Value of Shares that have been Purchased Under the Plans		Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plan
January 1, 2023 - January 31, 2023	1,493,034	$	12.19	$	18.2	$	115.9
February 1, 2023 - February 28, 2023	29,154	$	12.98	$	0.4	$	115.5
March 1, 2023 - March 31, 2023	278,419	$	12.61	$	3.5	$	112.0
April 1, 2023 - April 30, 2023	687,545	$	12.65	$	8.7	$	103.3
May 1, 2023 - May 31, 2023	190,355	$	12.53	$	2.4	$	100.9
June 1, 2023 - June 30, 2023	65,305	$	13.50	$	0.9	$	100.0
Total	2,743,812			$	34.1

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

Articles of Amendment

Effective as of July 6, 2023, the Company amended its charter to change the Company's name from Owl Rock Capital Corporation to Blue Owl Capital Corporation. The Company effected the increase by filing Articles of Amendment (the "Amendment") with the State Department of Assessments and Taxation of Maryland.

A copy of our Articles of Amendment and Restatement, as further amended by the Amendment, is filed as Exhibit 3.1 to this report.

Rule 10b5-1 Trading Plans

During the fiscal quarter ended June 30, 2023, none of the Company’s directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of Company securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement.”

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Item 6. Exhibits, Financial Statement Schedules

Exhibit Number	Description of Exhibits
3.1*	Articles of Amendment and Restatement, dated March 1, 2016, as amended June 22, 2023*
3.2	Amended and Restated Bylaws, dated July 6, 2023 (incorporated by reference to Exhibit 3.2 to the Company's Current Report on Form 8-K, filed on June 22, 2023).
10.1	Amendment No. 8 to Credit Agreement, dated as of April 17, 2023, among ORCC Financing II LLC, as Borrower, the Lenders referred to therein, Natixis, New York Branch, as Administrative Agent, State Street Bank and Trust Company, as Collateral Agent, Collateral Administrator, Custodian and Cortland Capital Market Services LLC as Document Custodian (incorporated by reference Exhibit 10.1 to the Company's Current Report on Form 8-K, filed on April 19, 2023).
10.2	Supplemental Indenture, dated as of June 28, 2023, by and among Owl Rock CLO I, Ltd., as issuer, Owl Rock CLO I, LLC, as co-issuer, and State Street Bank and Trust Company, as collateral trustee (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K, filed on June 30, 2023).
31.1*	Certification of Principal Executive Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2*	Certification of Principal Financial Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1**	Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2**	Certification of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
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________________

* Filed herein.

** Furnished herein.

173

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Blue Owl Capital Corporation
Date: August 9, 2023	By:	/s/ Craig W. Packer
		Craig W. Packer
		Chief Executive Officer and Director

	Blue Owl Capital Corporation
Date: August 9, 2023	By:	/s/ Jonathan Lamm
		Jonathan Lamm
		Chief Operating Officer and Chief Financial Officer

174

EX-3.1

Exhibit 3.1

[Conformed Copy as of July 6, 2023]

BLUE OWL CAPITAL CORPORATION

ARTICLES OF AMENDMENT AND RESTATEMENT

FIRST: Blue Owl Capital Corporation, a Maryland corporation, desires to amend and restate its charter as currently in effect and as hereinafter amended.

SECOND: The following provisions are all the provisions of the charter currently in effect and as hereinafter amended:

Article I. NAME

The name of the corporation (the “Corporation”) is: Blue Owl Capital Corporation.

Article II. PURPOSES AND POWERS

The purposes for which the Corporation is formed are to engage in any lawful act or activity for which corporations may be organized under the general laws of the State of Maryland as now or hereafter in force, including, without limitation or obligation, engaging in business as a business development company under the Investment Company Act of 1940, as amended (together with any rules and regulations and any applicable guidance and/or interpretations of the Securities and Exchange Commission (the “SEC”) or its staff promulgated thereunder, the “1940 Act”).

Article III. PRINCIPAL OFFICE IN STATE AND RESIDENT AGENT

The name of the resident agent of the Corporation in the State of Maryland is The Corporation Trust Incorporated, whose address is 351 West Camden Street, 6th Floor, Baltimore, Maryland 21201. The street address of the principal office of the Corporation in the State of Maryland is c/o The Corporation Trust Incorporated, 351 West Camden Street, 6th Floor, Baltimore, Maryland 21201.

Article IV. DEFINITIONS

As used in the Charter, the following terms shall have the following meanings unless the context otherwise requires:

1940 Act. The term “1940 Act” shall have the meaning as provided in Article II herein.

Acquisition Expenses. The term “Acquisition Expenses” shall mean any and all expenses incurred by the Corporation, the Adviser or any of their Affiliates in connection with the initial purchase or acquisition of assets, whether or not acquired, by the Corporation, including, without limitation, legal fees and expenses, travel and communications expenses, costs of appraisals, non-refundable option payments on assets not acquired, accounting fees and expenses and miscellaneous expenses.

Acquisition Fee. The term “Acquisition Fee” shall mean any and all fees and commissions, exclusive of Acquisition Expenses, paid by any Person to any other Person (including any fees or commissions paid by or to any Affiliate of the Corporation or the Adviser) in connection with the initial purchase or acquisition of assets by the Corporation. Included in the computation of such fees or commissions shall be any commission, selection fee, supervision fee, financing fee or non-recurring management fee or any fee of a similar nature, however designated.

Additional Preferred Directors. The term “Additional Preferred Directors shall have the meaning as provided in Section 5.09 herein.

Adviser or Advisers. The term “Adviser” or “Advisers” shall mean the Person or Persons, if any, appointed, employed or contracted with by the Corporation and responsible for directing or performing the day-to-day business affairs of the Corporation, including any Person to whom the Adviser subcontracts all or substantially all of such functions.

Advisory Agreement. The term “Advisory Agreement” shall mean any investment advisory agreement with an Adviser.

Affiliate or Affiliated. The term “Affiliate” or “Affiliated” shall mean, with respect to any Person, (i) any Person directly or indirectly owning, controlling or holding, with the power to vote, ten percent or more of the outstanding voting securities of such other Person; (ii) any Person ten percent or more of whose outstanding voting securities are directly or indirectly owned, controlled or held, with the power to vote, by such other Person; (iii) any Person directly or indirectly controlling, controlled by or under common control with such other Person; (iv) any executive officer, director, trustee or general partner of such other Person; and (v) any legal entity for which such Person acts as an executive officer, director, trustee or general partner.

Assessment. The term “Assessment” shall mean any additional amounts of capital which may be mandatorily required of, or paid voluntarily by, a Stockholder beyond his or her subscription commitment excluding deferred payments.

Benefit Plan Investor. The term “Benefit Plan Investor” means a benefit plan investor as defined in section 3(42) of ERISA.

Board or Board of Directors. The term “Board” or “Board of Directors” shall mean the board of directors of the Corporation, as of any particular time.

Business Day. The term “Business Day” shall mean any day, other than a Saturday or Sunday, that is neither a legal holiday nor a day on which banking institutions in New York City are authorized or required by law, regulation or executive order to close.

Bylaws. The term “Bylaws” shall mean the bylaws of the Corporation, as amended from time to time.

Capital Contributions. The term “Capital Contributions” shall mean the total investment, including the original investment and amounts reinvested pursuant to a distribution reinvestment plan, in the Corporation by a Stockholder or by all Stockholders, as the case may be. Unless otherwise specified, Capital Contributions shall be deemed to include principal amounts to be received on account of deferred payments.

Charter. The term “Charter” shall mean the charter of the Corporation, as may be amended from time to time.

Code. The term “Code” shall mean the Internal Revenue Code of 1986, as amended.

Commencement of a Non-Listed Offering. The term “Commencement of a Non-Listed Offering” shall mean the date that the SEC declares effective the registration statement filed under the Securities Act for a Non-Listed Offering.

Commencement of the Private Placement. The term “Commencement of the Private Placement” shall mean the first date on which the Company sells Common Shares pursuant to a Private Placement.

Common Shares. The term “Common Shares” shall have the meaning as provided in Section 6.01 herein.

Controlling Person. The term “Controlling Person” shall mean a Person, whatever his or her title, who performs functions for the Sponsor similar to those of (a) the chairman or other member of a board of directors, (b) executive officers or (c) those holding ten percent or more equity interest in the Sponsor, or a Person having the power to direct or cause the direction of the Sponsor, whether through the ownership of voting securities, by contract or otherwise.

Corporation. The term “Corporation” shall have the meaning as provided in Article I herein.

Director or Directors. The term “Director” or “Directors” shall have the meaning as provided in Section 5.01 herein.

Distributions. The term “Distributions” shall mean any distributions (as such term is defined in Section 2-301 of the MGCL) by the Corporation to owners of Shares, including distributions that may constitute a return of capital for federal income tax purposes.

ERISA. The term “ERISA” means the Employee Retirement Income Security Act of 1974, as amended.

ERISA Controlling Person. The term “ERISA Controlling Person” means a Person (other than a benefit plan investor) who has discretionary authority or control with respect to the assets of the Corporation or who provides investment advice for a fee (direct or indirect) with respect to such assets, or any affiliate of such a Person within the meaning of 29 C.F.R. § 2510.3-101(f)(3).

Exchange Act. The term “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended from time to time, or any successor statute thereto. Reference to any provision of the Exchange Act shall mean such provision as in effect from time to time, as the same may be amended, and any successor provision thereto, as interpreted by any applicable regulations as in effect from time to time.

Front End Fees. The term “Front End Fees” shall mean fees and expenses paid by any party for any services rendered to organize the Corporation and to acquire assets for the Corporation, including Organization and Offering Expenses, Acquisition Fees, Acquisition Expenses, and any other similar fees, however designated by the Sponsor.

Indemnitee. The term “Indemnitee” shall have the meaning as provided in Section 11.02(b) herein.

Independent Expert. The term “Independent Expert” shall mean a Person with no material current or prior business or personal relationship with the Sponsor who is engaged to a substantial extent in the business of rendering opinions regarding the value of assets of the type held by the Corporation, and who is qualified to perform such work.

Investment in Program Assets. The term “Investment in Program Assets” shall mean the amount of Capital Contributions actually paid or allocated to the purchase or development of assets acquired by the Corporation (including working capital reserves allocable thereto, except that working capital reserves in excess of three percent shall not be included) and other cash payments such as interest and taxes, but excluding Front End Fees.

Listing. The term “Listing” shall mean the listing of the Common Shares on a national securities exchange. Upon such Listing, the Common Shares shall be deemed Listed.

MGCL. The term “MGCL” shall mean the Maryland General Corporation Law, as amended from time to time.

NASAA Omnibus Guidelines. The term “NASAA Omnibus Guidelines” shall mean the Omnibus Guidelines published by the North American Securities Administrators Association on May 7, 2007.

Non-Compliant Tender Offer. The term “Non-Compliant Tender Offer” shall have the meaning as provided in Section 10.06 herein.

Non-Listed Offering. The term “Non-Listed Offering” shall mean a continuous public Offering through the independent broker-dealer network pursuant to an effective registration statement filed under the Securities Act that is not made in connection with a Listing.

Offering. The term “Offering” shall mean any offering and sale of Shares.

Organization and Offering Expenses. The term “Organization and Offering Expenses” shall mean any and all costs and expenses incurred by the Corporation and to be paid from the assets of the Corporation in connection with the formation of the Corporation and the qualification and registration of an Offering, and the marketing and distribution of Shares, including, without limitation, total underwriting and brokerage discounts and commissions (including fees of the underwriters’ attorneys), expenses for printing, engraving and amending registration statements or supplementing prospectuses, mailing and distributing costs, salaries of employees while engaged in sales activity, telephone and other telecommunications costs, all advertising and marketing expenses, charges of transfer agents, registrars, trustees, escrow holders, depositories and experts and fees, expenses and taxes related to the filing, registration and qualification of the sale of Shares under federal and state laws, including taxes and fees and accountants’ and attorneys’ fees.

Person. The term “Person” shall mean an individual, corporation, partnership, estate, trust (including a trust qualified under Sections 401(a) or 501(c)(17) of the Code), a portion of a trust permanently set aside for or to be used exclusively for the purposes described in Section 642(c) of the Code, association, private foundation within the meaning of Section 509(a) of the Code, joint stock company or other entity, or any government or any agency or political subdivision thereof, and also includes a group as that term is used for purposes of Section 13(d)(3) of the Exchange Act.

Plan. The term “Plan” means any employee benefit plan subject to Part 4 of Title I of ERISA, or any plan to which section 4975 of the Code applies.

Plan Asset Regulation. The term “Plan Asset Regulation” means 29 C.F.R. § 2510.3-101, as modified by section 3 (42) of ERISA.

Preferred Shares. The term “Preferred Shares” shall have the meaning as provided in Section 6.01 herein.

Private Placement. The term “Private Placement” shall mean any Offering that is not made pursuant to an effective registration statement filed under the Securities Act.

Prospectus. The term “Prospectus” shall have the meaning as provided in Section 2(10) of the Securities Act, including a preliminary prospectus, an offering circular as described in Rule 256 of the General Rules and Regulations under the Securities Act or, in the case of an intrastate offering, any document by whatever name known, utilized for the purpose of offering and selling Shares to the public.

Publicly Offered Securities. The term “Publicly Offered Securities” means publicly offered securities as defined in 29 C.F.R. § 2510.3-101(b)(2) or any successor regulation thereto.

Restricted Period. The term “Restricted Period” has the meaning provided in Article XV hereto.

Roll-Up Entity. The term “Roll-Up Entity” shall mean a partnership, corporation, trust or similar entity that would be created or would survive after the successful completion of a proposed Roll-Up Transaction.

Roll-Up Transaction. The term “Roll-Up Transaction” shall mean a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Corporation and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

(a) a transaction involving securities of the Roll-Up Entity that have been listed on a national securities exchange for at least twelve months; or

(b) a transaction involving the conversion to corporate, trust or association form of only the Corporation, if, as a consequence of the transaction, there will be no significant adverse change in any of the following:

(i) voting rights of the holders of Common Shares;

(ii) the term of existence of the Corporation;

(iii) Sponsor or Adviser compensation; or

(iv) the Corporation’s investment objectives.

SEC. The term “SEC” shall have the meaning as provided in Article II hereto.

Securities Act. The term “Securities Act” shall mean the Securities Act of 1933, as amended from time to time, or any successor statute thereto. Reference to any provision of the Securities Act shall mean such provision as in effect from time to time, as the same may be amended, and any successor provision thereto, as interpreted by any applicable regulations as in effect from time to time.

Shares. The term “Shares” shall mean shares of stock of the Corporation of any class or series, including Common Shares or Preferred Shares.

Sponsor. The term “Sponsor” shall mean any Person which (i) is directly or indirectly instrumental in organizing, wholly or in part, the Corporation, (ii) will control, manage or participate in the management of the Corporation, (iii) takes the initiative, directly or indirectly, in founding or organizing the Corporation, either alone or in conjunction with one or more other Persons, (iv) receives a material participation in the Corporation in connection with the founding or organizing of the business of the Corporation, in consideration of services or property, or both services and property, (v) has a substantial number of relationships and contacts with the Corporation, (vi) possesses significant rights to control assets of the Corporation, (vii) receives fees for providing services to the Corporation

which are paid on a basis that is not customary in the industry or (viii) provides goods or services to the Corporation on a basis which was not negotiated at arm’s-length with the Corporation. “Sponsor” does not include any Person whose only relationship with the Corporation is that of an independent manager of a portion of the Corporation’s assets and whose only compensation is as such, or wholly independent third parties such as attorneys, accountants and underwriters whose only compensation is for professional services.

Stockholder List. The term “Stockholder List” shall have the meaning as provided in Section 10.04 herein.

Stockholders. The term “Stockholders” shall mean the holders of record of the Shares as maintained in the books and records of the Corporation or its transfer agent.

Transfer. The term “Transfer” shall have the meaning as provided in Article XV hereto.

Article V. PROVISIONS FOR DEFINING, LIMITING

AND REGULATING CERTAIN POWERS

OF THE CORPORATION AND OF

THE STOCKHOLDERS AND DIRECTORS

Section 5.01 Number, Vacancies, Classification and Election of Directors. The business and affairs of the Corporation shall be managed under the direction of the Board of Directors. The number of directors of the Corporation (the “Directors”) is five, which number may be increased or decreased only by the Board of Directors pursuant to the Bylaws, or the Charter, but shall never be less than the minimum number required by the MGCL. A director shall have the qualifications, if any, specified in the Bylaws. The names of the directors who shall serve until their successors are duly elected and qualify are:

Eric Kaye – Class 1 Director (as defined below)

Douglas I. Ostrover – Class 2 Director (as defined below)

Christopher M. Temple – Class 2 Director (as defined below)

Alan Kirshenbaum – Class 3 Director (as defined below)

Edward D’Alelio – Class 3 Director (as defined below)

The Board of Directors may fill any vacancy, whether resulting from an increase in the number of directors or otherwise, on the Board of Directors in the manner provided in the Bylaws.

The Corporation elects at such time as it becomes eligible pursuant to Section 3-802 of the MGCL to make the election as provided for under Section 3-804(c) of the MGCL that, except as may be provided by the Board of Directors in setting the terms of any class or series of Preferred Shares or as may be required by the 1940 Act, any and all vacancies on the Board of Directors may be filled only by the affirmative vote of a majority of the remaining Directors in office, even if the remaining Directors do not constitute a quorum, and any Director elected to fill a vacancy shall serve for the remainder of the full term of the directorship in which such vacancy occurred.

On the date of the Commencement of the Private Placement, the Directors (other than any Director elected solely by holders of one or more classes or series of Preferred Stock in connection with dividend arrearages) shall be classified, with respect to the terms for which they severally hold office, into three classes, as determined by the Board of Directors, as nearly equal in size as is practicable. The term of office of one class of Directors (the “Class 1 Directors”) shall expire at the first annual meeting of Stockholders following the Commencement of the Private Placement, the term of office of another class of Directors (the “Class 2 Directors”) shall expire at the second annual meeting of Stockholders following the Commencement of the Private Placement and the term of office of the remaining class of Directors (the “Class 3 Directors”) shall expire at the third annual meeting of the Stockholders following the Commencement of the Private Placement, and, in each case, when their respective successors are duly elected and qualify. The initial directors of each class shall be determined by the Board of Directors before or as soon as reasonably practicable after the Commencement of the Private Placement. At each annual meeting of Stockholders, commencing with the annual meeting next following the Commencement of the Private Placement, the successors to the class of Directors whose term expires at such meeting shall be elected to hold office for a term expiring at the third succeeding annual meeting of Stockholders following the meeting at which they were elected and until their respective successors are duly elected and qualify.

A majority of the Board of Directors shall be independent directors, except for a period of up to 60 days, or such longer period permitted by law, after the death, removal or resignation of an independent director pending the

election of such independent director’s successor. A Director is considered independent if he or she is not an “interested person” as that term is defined under Section 2(a)(19) of the 1940 Act.

Section 5.02 Extraordinary Actions. Except as specifically provided in Section 5.07 (relating to removal of directors), in Section 12.02 (relating to certain amendments to the Charter) and in Section 12.03 (relating to certain actions), notwithstanding any provision of law permitting or requiring any action to be taken or approved by the affirmative vote of Stockholders entitled to cast a greater number of votes, any such action shall be effective and valid if declared advisable by the Board of Directors and taken or approved by the affirmative vote of Stockholders entitled to cast a majority of all the votes entitled to be cast on the matter.

Section 5.03 Quorum. The presence in person or by proxy of holders of Shares of the Corporation entitled to cast a majority of the votes entitled to be cast (without regard to class) shall constitute a quorum at any meeting of Stockholders, except with respect to any such matter that, under applicable statutes or regulatory requirements or the Charter, requires approval by a separate vote of one or more classes or series of Shares, in which case the presence in person or by proxy of Stockholders entitled to cast a majority of the votes entitled to be cast by such classes or series of Shares on such matter shall constitute a quorum. To the extent permitted by Maryland law as in effect from time to time, the foregoing quorum provision may be changed by the Bylaws.

Section 5.04 Authorization by Board of Stock Issuance. The Board of Directors may authorize the issuance from time to time of Shares of any class or series, whether now or hereafter authorized, or securities or rights convertible into Shares of any class or series, whether now or hereafter authorized, for such consideration, if any, as the Board of Directors may deem advisable (including compensation for the Directors or without consideration in the case of a stock split or stock dividend), subject to such restrictions or limitations, if any, as may be set forth in the Charter or the Bylaws.

Section 5.05 Preemptive Rights and Appraisal Rights. Except as may be provided by the Board of Directors in setting the terms of classified or reclassified Shares pursuant to Section 6.04 or as may otherwise be provided by a contract approved by the Board of Directors, no holder of Shares shall, as such holder, have any preemptive right to purchase or subscribe for any additional Shares or any other security of the Corporation which the Corporation may issue or sell. Holders of Shares shall not be entitled to exercise any rights of an objecting Stockholder provided for under Title 3, Subtitle 2 of the MGCL or any successor statute unless the Board of Directors, upon such terms and conditions specified by the Board of Directors, shall determine that such rights apply, with respect to all or any classes or series of Shares, or any proportion of the Shares thereof, to a particular transaction or all transactions occurring after the date of such determination in connection with which holders of such Shares would otherwise be entitled to exercise such rights.

Section 5.06 Determinations by Board. The determination as to any of the following matters, made by or pursuant to the direction of the Board of Directors not inconsistent with the Charter, shall be final and conclusive and shall be binding upon the Corporation and every holder of Shares: the amount of the net income of the Corporation for any period and the amount of assets at any time legally available for the payment of dividends, purchase of Shares or the payment of other Distributions on Shares; the amount of paid-in surplus, net assets, other surplus, annual or other cash flow, funds from operations, net profit, net assets in excess of capital, undivided profits or excess of profits over losses on sales of assets; the amount, purpose, time of creation, increase or decrease, alteration or cancellation of any reserves or charges and the propriety thereof (whether or not any obligation or liability for which such reserves or charges shall have been created shall have been set aside, paid or discharged); any interpretation or resolution of any ambiguity with respect to any provision of the Charter (including any of the terms, preferences, conversion or other rights, voting powers or rights, restrictions, limitations as to dividends or other Distributions, qualifications and terms and conditions of redemption of any class or series of Shares) or the Bylaws; the fair value, or any sale, bid or asked price to be applied in determining the fair value, of any asset owned or held by the Corporation or of any Shares; the number of Shares of any class or series of the Corporation; any matter relating to the acquisition, holding and disposition of any assets by the Corporation; any interpretation of the terms and conditions of one or more agreements with any Person, corporation, association, company, trust, partnership (limited or general) or other entity; the compensation of directors, officers, employees or agents of the Corporation; following a Non-Listed Offering, any conflict between the MGCL and the provisions set forth in the NASAA Omnibus Guidelines; or any other matter relating to the business and affairs of the Corporation or required or permitted by applicable law, the Charter or Bylaws or otherwise to be determined by the Board of Directors; provided, however, that any determination by the Board of Directors as to any of the preceding matters shall not render invalid or improper any action taken or omitted prior to such determination and no Director shall be liable for

making or failing to make such a determination; and provided, further, that following a Non-Listed Offering, to the extent the Board determines that the MGCL conflicts with the provisions set forth in the NASAA Omnibus Guidelines included in this Charter, the NASAA Omnibus Guidelines control to the extent any provisions of the MGCL are not mandatory.

Section 5.07 Removal of Directors. Subject to the rights of holders of one or more classes or series of Preferred Shares to elect or remove one or more Directors, from and after the Commencement of the Private Placement any Director, or the entire Board of Directors, may be removed from office at any time only for cause and only by the affirmative vote of at least 75% of the votes entitled to be cast generally in the election of Directors, voting together as a single class. For the purpose of this paragraph, “cause” shall mean, with respect to any particular Director, conviction of a felony or a final judgment of a court of competent jurisdiction holding that such Director caused demonstrable, material harm to the Corporation through bad faith or active and deliberate dishonesty.

Section 5.08 Stockholder Action by Unanimous Written Consent. Any action required or permitted to be taken by the Stockholders, unless such action is taken at a duly called annual or special meeting of Stockholders, may only be taken by the unanimous written consent of all Stockholders entitled to vote thereon.

Section 5.09 Additional Preferred Directors. During any period when the holders of one or more classes or series of Preferred Shares, due to the occurrence of an event or events, have the right to elect additional Directors who, together with the Directors elected by the separate vote of the holders of one or more classes or series of Preferred Shares prior to such event or events, constitute a majority of the total number of Directors (the additional Directors elected by the separate vote of such holders following such event, the “Additional Preferred Directors”), then, upon commencement and for the duration of the period during which such right continues: (i) the otherwise total authorized number of Directors of the Corporation shall automatically be increased by such specified number of Additional Preferred Directors, and the holders of such Preferred Shares shall be entitled to elect the Additional Preferred Directors so provided for or fixed pursuant to said provisions, and (ii) each such Additional Preferred Director shall serve until the next meeting of Stockholders at which Directors are elected and until his or her successor is duly elected and qualified, or until his or her right to hold such office terminates pursuant to said provisions, whichever occurs earlier, subject to his or her earlier death, resignation, retirement, disqualification or removal. Except as otherwise provided by the Board of Directors in fixing the terms of such class or series of Preferred Shares, whenever the holders of any class or series of Preferred Shares having such right to elect Additional Preferred Directors are divested of such right pursuant to the terms of such class or series of Preferred Shares, the terms of office of all such Additional Preferred Directors, or such other Directors elected to fill any vacancies resulting from the death, resignation, disqualification or removal of such Additional Preferred Directors, shall forthwith terminate, all such Additional Preferred Directors shall automatically cease to be qualified to serve as Directors, and the total authorized number of Directors of the Corporation shall be automatically reduced accordingly.

Article VI. STOCK

Section 6.01 Authorized Shares. The Corporation has authority to issue 500,000,000 Shares, initially consisting of 500,000,000 shares of common stock, $0.01 par value per share (“Common Shares”), and no shares of preferred stock, $0.01 par value per share (“Preferred Shares”). The aggregate par value of all authorized Shares having par value is $5,000,000.00. All Shares shall be fully paid and nonassessable when issued and the Corporation shall not make any mandatory Assessments against any Stockholder beyond such Stockholder’s subscription commitment. If Shares of one class or series are classified or reclassified into Shares of another class or series pursuant to this Article VI, the number of authorized Shares of the former class or series shall be automatically decreased and the number of Shares of the latter class or series shall be automatically increased, in each case by the number of Shares so classified or reclassified, so that the aggregate number of Shares of all classes and series that the Corporation has authority to issue shall not be more than the total number of Shares set forth in the first sentence of this paragraph. The Board of Directors, with the approval of a majority of the entire Board and without any action by the Stockholders, may amend the Charter from time to time to increase or decrease the aggregate number of Shares or the number of Shares of any class or series that the Corporation has authority to issue.

Section 6.02 Common Shares.

(a) Common Shares Subject to Terms of Preferred Shares. The Common Shares shall be subject to the express terms of any series of Preferred Shares.

(b) Description. Except as may otherwise be specified in the Charter, each Common Share shall entitle the holder thereof to one vote per share on all matters upon which Stockholders are entitled to vote pursuant to Section 10.01 hereof. The Board may classify or reclassify any unissued Common Shares from time to time into one or more classes or series of Shares.

(c) Rights Upon Liquidation. In the event of any voluntary or involuntary liquidation, dissolution or winding up, or any Distribution of the assets of the Corporation, the aggregate assets of the Corporation available for Distribution to holders of the Common Shares shall be determined in accordance with applicable law. Each holder of Common Shares of a particular class or series shall be entitled to receive, ratably with each other holder of Common Shares of such class or series, that portion of such aggregate assets available for Distribution as the number of outstanding Common Shares of such class or series held by such holder bears to the total number of outstanding Common Shares of such class or series then outstanding.

(d) Voting Rights. Except as may be provided otherwise in the Charter, and subject to the express terms of any series of Preferred Shares, the holders of the Common Shares shall have the exclusive right to vote on all matters (as to which a common stockholder shall be entitled to vote pursuant to applicable law) at all meetings of the Stockholders.

Section 6.03 Preferred Shares. The Board, including a majority of the independent directors on the Board, may classify any unissued Preferred Shares and reclassify any previously classified but unissued Preferred Shares of any series from time to time, into one or more classes or series of Shares.

Section 6.04 Classified or Reclassified Shares. Prior to issuance of classified or reclassified Shares of any class or series, the Board by resolution shall: (a) designate that class or series to distinguish it from all other classes and series of Shares; (b) specify the number of Shares to be included in the class or series; (c) set or change, subject to the express terms of any class or series of Shares outstanding at the time, the preferences, conversion or other rights, voting powers (including exclusive voting rights, if any), restrictions, limitations as to dividends or other Distributions, qualifications and terms and conditions of redemption for each class or series; and (d) cause the Corporation to file articles supplementary with the State Department of Assessments and Taxation of Maryland. Any of the terms of any class or series of Shares set or changed pursuant to clause (c) of this Section 6.04 may be made dependent upon facts or events ascertainable outside the Charter (including determinations by the Board or other facts or events within the control of the Corporation) and may vary among holders thereof, provided that the manner in which such facts, events or variations shall operate upon the terms of such class or series of Shares is clearly and expressly set forth in the articles supplementary or other charter document.

Section 6.05 Deferred Payments. The Corporation shall not have authority to make arrangements for deferred payments on account of the purchase price of Shares unless all of the following conditions are met: (a) such arrangements are warranted by the Corporation’s investment objectives; (b) the period of deferred payments coincides with the anticipated cash needs of the Corporation; (c) the deferred payments shall be evidenced by a promissory note of the Stockholder, which note shall be with recourse, shall not be negotiable, shall be assignable only subject to defenses of the maker and shall not contain a provision authorizing a confession of judgment; and (d) selling commissions and Front End Fees paid upon deferred payments are payable when payment is made on the note. The Corporation shall not sell or assign the deferred obligation notes at a discount. In the event of default in the payment of deferred payments by a Stockholder, the Stockholder may be subjected to a reasonable penalty. The provisions of this Section 6.05 shall only apply following a Non-Listed Offering.

Section 6.06 Distributions.

(a) Any Advisory Agreement shall provide that, following a Non-Listed Offering, the Adviser shall cause the Corporation to provide for adequate reserves for normal replacements and contingencies (but the Corporation shall not be required to maintain reserves for payment of fees payable to the Adviser) by causing the Corporation to retain a reasonable percentage of proceeds from offerings and revenues.

(b) From time to time and not less than quarterly, the Corporation shall cause the Adviser to review the Corporation’s accounts to determine whether cash distributions are appropriate. The Corporation may, subject to authorization by the Board of Directors, distribute pro rata to the Stockholders funds received by the Corporation which the Board of Directors deems unnecessary to retain in the Corporation. The Board of Directors may from time to time authorize the Corporation to declare and pay to Stockholders such dividends or other Distributions, in cash or other assets of the Corporation or in securities of the Corporation, including in Shares of one class or series payable to holders of Shares of another class or series, or from any other source as the Board of Directors in its discretion shall determine. The Board of Directors may endeavor to authorize the Corporation to declare and pay such dividends and other Distributions (i) as may be necessary or advisable for the Corporation to qualify as a “Regulated Investment Company” under the Code or as may be necessary or advisable under the 1940 Act and (ii) to the extent that the Board of Directors deems it unnecessary for the Corporation to retain funds received by it; provided, however, Stockholders shall have no right to any dividend or other Distribution unless and until authorized by the Board and declared by the Corporation. The exercise of the powers and rights of the Board of Directors pursuant to this Section 6.06 shall be subject to the provisions of any class or series of Shares at the time outstanding. The receipt by any Person in whose name any Shares are registered on the records of the Corporation or by his or her duly authorized agent shall be a sufficient discharge for all dividends or other Distributions payable or deliverable in respect of such Shares and from all liability to see to the application thereof. Distributions in kind shall not be permitted, except for distributions of readily marketable securities or securities of the Corporation, distributions of beneficial interests in a liquidating trust established for the dissolution of the Corporation and the liquidation of its assets in accordance with the terms of the Charter or in kind distributions in which (a) the Board advises each Stockholder of the risks associated with direct ownership of the property, (b) the Board offers each Stockholder the election of receiving such in-kind distributions and (c) in-kind distributions are made only to those Stockholders that accept such offer.

The restrictions in this Section 6.06 shall only be effective following a Non-Listed Offering.

Section 6.07 Charter and Bylaws. All Persons who acquire Shares of the Corporation acquire the same, and the rights of all Stockholders and the terms of all Shares are, subject to the provisions of the Charter and the Bylaws. The Board of Directors shall have the exclusive power, at any time, to make, alter, amend or repeal the Bylaws.

Section 6.08 No Issuance of Share Certificates. Unless otherwise provided by the Board of Directors, the Corporation shall not issue stock certificates. A Stockholder’s investment shall be recorded on the books of the Corporation. To transfer his or her Shares, a Stockholder shall submit an executed form to the Corporation, which form shall be provided by the Corporation upon request. Such transfer will also be recorded on the books of the Corporation. Upon issuance or transfer of Shares, the Corporation will provide the Stockholder with information concerning his or her rights with regard to such Shares, as required by the Bylaws and the MGCL or other applicable law.

Section 6.09 Suitability of Stockholders. Following a Non-Listed Offering, the following provisions shall apply:

(a) Investor Suitability Standards. Subject to suitability standards established by individual states and any amendment to the income and net worth standards set forth in the NASAA Omnibus Guidelines, including any amendment or restatement thereto, to become a Stockholder, if such prospective Stockholder is an individual (including an individual beneficiary of a purchasing individual retirement account), or if the prospective Stockholder is a fiduciary (such as a trustee of a trust or corporate pension or profit sharing plan, or other tax-exempt organization, or a custodian under a Uniform Gifts to Minors Act), such individual or fiduciary, as the case may be, must represent to the Corporation, among other requirements as the Corporation may require from time to time, that:

(i) such individual (or, in the case of sales to fiduciary accounts, that the beneficiary, the fiduciary account or the donor or grantor who directly or indirectly supplies the funds to purchase the Shares if the donor or grantor is the fiduciary) has a minimum annual gross income of $70,000 and a net worth (excluding home, furnishings and automobiles) of not less than $70,000; or

(ii) such individual (or, in the case of sales to fiduciary accounts, that the beneficiary, the fiduciary account or the donor or grantor who directly or indirectly supplies the funds to purchase the Shares if the donor or grantor is the fiduciary) has a net worth (excluding home, furnishings and automobiles) of not less than $250,000.

(b) Determination of Suitability of Sale. The Sponsor and each Person selling Common Shares on behalf of the Corporation shall make every reasonable effort to determine that the purchase of Common Shares by a Stockholder is a suitable and appropriate investment for such Stockholder. In making this determination, the Sponsor or each Person selling Common Shares on behalf of the Corporation shall ascertain that the prospective Stockholder: (a) meets the minimum income and net worth standards established for the Corporation; (b) can reasonably benefit from the Corporation based on the prospective Stockholder’s overall investment objectives and portfolio structure; (c) is able to bear the economic risk of the investment based on the prospective Stockholder’s overall financial situation; and (d) has apparent understanding of (i) the fundamental risks of the investment; (ii) the risk that the Stockholder may lose the entire investment; (iii) the lack of liquidity of the Common Shares; (iv) the restrictions on transferability of the Common Shares; and (v) the tax consequences of the investment.

The Sponsor or each Person selling Common Shares on behalf of the Corporation shall make this determination on the basis of information it has obtained from a prospective Stockholder. Relevant information for this purpose will include at least the age, investment objectives, investment experiences, income, net worth, financial situation and other investments of the prospective Stockholder, as well as any other pertinent factors.

The Sponsor or each Person selling Common Shares on behalf of the Corporation shall maintain records of the information used to determine that an investment in Common Shares is suitable and appropriate for a Stockholder. The Sponsor or each Person selling Common Shares on behalf of the Corporation shall maintain these records for at least six years.

Section 6.10 Repurchase of Shares. The Board of Directors may establish, from time to time, a program or programs by which the Corporation voluntarily repurchases Shares from the Stockholders; provided, however, that such repurchase does not impair the capital or operations of the Corporation.

Article VII. ADVISER

Section 7.01 Supervision of Adviser. The Board may exercise broad discretion in allowing the Adviser to administer and regulate the operations of the Corporation, to act as agent for the Corporation, to execute documents on behalf of the Corporation and to make executive decisions that conform to general policies and principles established by the Board. The Board shall oversee the Adviser to assure that the administrative procedures, operations and programs of the Corporation are reasonable and appropriate and that (i) the expenses incurred are reasonable in light of the operations of the Corporation, (ii) following a Non-Listed Offering, all Front End Fees are reasonable and do not exceed 18% of the gross proceeds of any Offering, regardless of the source of payment, and (iii) following a Non-Listed Offering, the percentage of gross proceeds of any Offering committed to Investment in Program Assets shall be at least 82%. All items of compensation to underwriters or dealers, including, but not limited to, selling commissions, expenses, rights of first refusal, consulting fees, finders’ fees and all other items of compensation of any kind or description paid by the Corporation, directly or indirectly, shall be taken into consideration in computing the amount of allowable Front End Fees. The Board of Directors also will be responsible for determining that compensation to be paid to the Adviser is reasonable in relation to the nature and quality of services performed and the investment performance of the Corporation and that the provisions of any Advisory Agreement are being carried out. The Board of Directors may consider all factors that it deems relevant in making these determinations. So long as the Corporation is a business development company under the 1940 Act, compensation to the Adviser shall be considered presumptively reasonable if the incentive fee is limited to the amounts allowed by the 1940 Act.

Section 7.02 Fiduciary Obligations; Experience. The Adviser has a fiduciary responsibility and duty to the Corporation and the Stockholders for the safekeeping and use of all the funds and assets of the Corporation, whether or not in the Adviser’s immediate possession or control. The Adviser shall not employ, or permit another to employ, such funds or assets except for the exclusive benefit of the Corporation. The Adviser may not contract away the fiduciary obligation owed to the Corporation and the Stockholders under common law. Following a Non-Listed Offering, the investment committee of the Adviser shall have at least three years’ relevant experience demonstrating the knowledge and experience to acquire and manage the type of assets being acquired by the Corporation and shall have not less than four years relevant experience in the kind of service being rendered or otherwise must demonstrate sufficient knowledge and experience to perform the services proposed. Any sub-adviser to the Corporation shall be subject to the same fiduciary duties imposed on the Adviser pursuant to this Section 7.02, the 1940 Act and the Investment Advisers Act of 1940, as amended from time to time (together with any rules and regulations and any applicable guidance and/or interpretations of the SEC or its staff promulgated thereunder), as well as other applicable federal and state law.

Section 7.03 Successor Adviser. The Board of Directors shall determine whether any successor Adviser possesses sufficient qualifications to perform the advisory function for the Corporation and whether the compensation provided for in its contract with the Corporation is reasonable.

Section 7.04 Termination. Any Advisory Agreement shall provide that it is terminable, without cause or penalty, by (a) a majority of the Independent Directors on 60 days’ written notice or (b) the Adviser on 60 days’ written notice; provided, however, that following a Non-Listed Offering, any Advisory Agreement is only terminable by the Adviser on 120 days’ written notice. In the event of termination, the Adviser will cooperate with the Corporation and the Board in making an orderly transition of the advisory function. In addition, if the Corporation elects to continue its operations, the Adviser shall pay all expenses incurred as a result of its withdrawal. Upon termination of the Advisory Agreement, the Corporation shall pay the Adviser all amounts then accrued but unpaid to the Adviser. The method of payment must be fair and protect the solvency and liquidity of the Corporation.

Section 7.05 Organization and Offering Expenses Limitation. Following a Non-Listed Offering, unless otherwise provided in any resolution adopted by the Board, the Corporation shall reimburse the Adviser and its Affiliates for Organization and Offering Expenses incurred by the Adviser or its Affiliates; provided, however, that the total amount of all Organization and Offering Expenses shall be reasonable, as determined by the Board, and shall be included in Front End Fees for purposes of the limit on such Front End Fees set forth in Section 7.01.

Section 7.06 Acquisition Fees. Unless otherwise provided in any resolution adopted by the Board, the Corporation may pay the Adviser and its Affiliates fees for the review and evaluation of potential investments; provided, however, that the Board shall conclude that the total of all Acquisition Fees and Acquisition Expenses are reasonable.

Section 7.07 Limitations on Reimbursement of Expenses. In addition to the compensation paid to the Adviser, the Corporation shall reimburse the Adviser, at the end of each fiscal quarter, for all expenses of the Corporation incurred by the Adviser as well as the actual cost of goods and services used for or by the Corporation and obtained from entities not Affiliated with the Adviser. The Adviser may be reimbursed for the administrative services performed by it on behalf of the Corporation pursuant to any separate administration or co-administration agreement with the Adviser; provided, however, such reimbursement shall be an amount equal to the lower of the Adviser’s actual cost or the amount the Corporation would be required to pay third parties for the provision of comparable administrative services in the same geographic location; and provided, further, that such costs are reasonably allocated to the Corporation on the basis of assets, revenues, time records or other methods conforming with generally accepted accounting principles. No such reimbursement shall be permitted for services for which the Adviser is entitled to compensation by way of a separate fee. Excluded from such allowable reimbursement shall be: (i) rent or depreciation, utilities, capital equipment, and other administrative items of the Adviser; and (ii) salaries, fringe benefits, travel expenses and other administrative items incurred by or allocated to any Controlling Person of the Adviser. This Section 7.07 shall only be effective following a Non-Listed Offering.

Article VIII. INVESTMENT LIMITATIONS

Section 8.01 Investment Objectives. Following a Non-Listed Offering, the Corporation’s investment objective will be to generate current income and, to a lesser extent, capital appreciation. The independent directors on the Board shall review the investment policies of the Corporation with sufficient frequency (not less often than annually) to determine that the policies being followed by the Corporation are in the best interests of the Corporation.

Section 8.02 Investments in Other Programs.

(a) Following a Non-Listed Offering, the Corporation may invest in general partnerships or joint ventures with non-Affiliates that own and operate specific assets, only if the Corporation, alone or together with any publicly registered Affiliate of the Corporation meeting the requirements of subsection (b) below, acquires a controlling interest in such a general partnership or joint venture, but in no event shall the Adviser be entitled to duplicate fees; provided, however that the foregoing is not intended to prevent the Corporation from carrying out its business of investing and reinvesting its assets in securities of other issuers. For purposes of this Section, “controlling interest” means an equity interest possessing the power to direct or cause the direction of the management and policies of the general partnership or joint venture, including the authority to: (i) review all contracts entered into by the general partnership or joint venture that will have a material effect on its business or assets; (ii) cause a sale or refinancing of the assets or its interest therein subject, in certain cases where required by the partnership or joint venture agreement, to limits as to time, minimum amounts and/or a right of first refusal by the joint venture partner or consent of the joint venture partner; (iii) approve budgets and major capital expenditures, subject to a stated minimum amount; (iv) veto any sale or refinancing of the assets, or alternatively, to receive a specified preference on sale or refinancing proceeds; and (v) exercise a right of first refusal on any desired sale or refinancing by the joint venture partner of its interest in the assets, except for transfer to an Affiliate of the joint venture partner.

(b) Following a Non-Listed Offering, the Corporation may invest in general partnerships or joint ventures with other publicly registered Affiliates of the Corporation only if all of the following conditions are met: (i) the Affiliate and the Corporation have substantially identical investment objectives; (ii) there are no duplicate fees to the Adviser; (iii) the compensation payable by the general partnership or joint venture to the Advisers by each of the Corporation and its Affiliate that invests in such partnership or joint venture is substantially identical; (iv) each of the Corporation and the Affiliate has a right of first refusal to buy if the other party wishes to sell assets held in the partnership or joint venture; (v) the investment of each of the Corporation and its Affiliate is on substantially the same terms and conditions; and (vi) any Prospectus in use or proposed to be used when such an investment has been made or is contemplated discloses the potential risk of impasse on partnership or joint venture decisions since neither the Corporation nor its Affiliate controls the partnership or joint venture, and the potential risk that, while the Corporation or its Affiliate may have the right to buy the assets from the partnership or joint venture, it may not have the resources to do so.

(c) Following a Non-Listed Offering, the Corporation may invest in general partnerships or joint ventures with Affiliates other than publicly registered Affiliates of the Corporation only if all of the following conditions are met: (i) the investment is necessary to relieve the Adviser from any commitment to purchase the assets entered into in compliance with Section 9.01 prior to the closing of the offering period of the Corporation; (ii) there are no duplicate fees to the Adviser; (iii) the investment of each entity is on substantially the same terms and conditions; (iv) the Corporation has a right of first refusal to buy if the Adviser wishes to sell assets held in the partnership or joint venture; and (v) any Prospectus in use or proposed to be used when such an investment has been made or is contemplated discloses the potential risk of impasse on partnership or joint venture decisions.

(d) The Corporation may be structured to conduct operations through separate single-purpose entities managed by the Adviser (multi-tier arrangements); provided that the terms of any such arrangements do not result in the circumvention of any of the requirements or prohibitions contained herein or under applicable federal or state securities laws. Following a Non-Listed Offering, any agreements regarding such arrangements shall accompany any Prospectus, if such agreement is then available, and the terms of such agreement shall contain provisions assuring that all of the following restrictions apply: (i) there will be no duplication or increase in Organization and Offering Expenses, fees payable to the Adviser, program expenses or other fees and costs; (ii) there will be no substantive alteration in the fiduciary and contractual relationship between the Adviser, the Corporation and the Stockholders; and (iii) there will be no diminishment in the voting rights of the Stockholders.

(e) Other than as specifically permitted in subsections (b), (c), (d) and (f), and except as otherwise permitted under the 1940 Act, exemptive relief granted by the SEC pursuant thereto, or by a determination of the staff of the SEC under the 1940 Act, following a Non-Listed Offering, the Corporation shall not invest in general partnerships or joint ventures with Affiliates.

(f) Except as otherwise permitted under the 1940 Act, exemptive relief granted by the SEC pursuant thereto, or by a determination of the staff of the SEC under the 1940 Act, following a Non-Listed Offering, the Corporation shall be permitted to invest in general partnership interests of limited partnerships only if: (i) the Corporation, alone or together with any publicly registered Affiliate of the Corporation meeting the requirements of subsection (b) above, acquires a “controlling interest” as defined in subsection (a) above; (ii) the Adviser is not entitled to any duplicate fees; (iii) no additional compensation beyond that permitted under applicable law is paid to the Adviser; and (iv) the agreement of limited partnership or other applicable agreement complies with this Section 8.02.

Section 8.03 Other Goods or Services.

(a) In addition to the services to be provided under any Advisory Agreement, the Corporation may accept goods or other services provided by the Adviser in connection with the operation of assets subject to the restrictions contained in the 1940 Act, provided that: (i) the Adviser, as a fiduciary, determines such self-dealing arrangement is in the best interest of the Corporation; (ii) the terms pursuant to which all such goods or services are provided to the Corporation by the Adviser shall be embodied in a written contract, the material terms of which must be fully disclosed to the Stockholders; (iii) following a Non-Listed Offering, the contract may be modified only with approval of Stockholders entitled to cast a majority of all the votes entitled to be cast on the matter; and (iv) the contract shall contain a clause allowing termination without penalty on 60 days’ notice. Without limitation of the foregoing, following a Non-Listed Offering, arrangements to provide such goods or other services must meet all of the following criteria: (x) the Adviser must be independently engaged in the business of providing such goods or services to Persons other than Affiliates and at least 33% of the Adviser’s associated gross revenues must come from Persons other than Affiliates; (y) the compensation, price or fee charged for providing such goods or services must be comparable and competitive with the compensation, price or fee charged in the same geographic location by Persons other than the Adviser and its Affiliates who provide comparable goods or services which could reasonably be made available to the Corporation; and (z) except in extraordinary circumstances, the compensation and other material terms of the arrangement must be fully disclosed to the Stockholders.

Extraordinary circumstances are limited to instances when immediate action is required and the goods or services are not immediately available from Persons other than the Adviser and its Affiliates.

(b) Notwithstanding the foregoing clause (a), if the Adviser is not engaged in the business to the extent required by such clause, the Adviser may provide to the Corporation other goods and services if all of the following additional conditions are met: (i) the Adviser can demonstrate the capacity and capability to provide such goods or services on a competitive basis; (ii) following a Non-Listed Offering, the goods or services are provided at the lesser of cost or the competitive rate charged in the same geographic location by Persons other than the Adviser and its Affiliates who are in the business of providing comparable goods or services; (iii) following a Non-Listed Offering, the cost is limited to the reasonable necessary and actual expenses incurred by the Adviser on behalf of the Corporation in providing such goods or services, exclusive of expenses of the type which may not be reimbursed under applicable federal or state securities laws; and (iv) expenses are allocated in accordance with generally accepted accounting principles and are made subject to any special audit required by applicable federal and state securities laws.

Article IX. CONFLICTS OF INTEREST

Section 9.01 Sales and Leases to the Corporation. Except as otherwise permitted under the 1940 Act, exemptive relief granted by the SEC pursuant thereto, or by a determination of the staff of the SEC under the 1940 Act, following a Non-Listed Offering, the Corporation shall not purchase or lease assets in which the Adviser or any Affiliate thereof has an interest unless all of the following conditions are met: (a) the transaction occurs at the formation of the Corporation and is fully disclosed to the Stockholders either in a Prospectus or in a periodic report filed with the SEC or otherwise and (b) the assets are sold or leased upon terms that are reasonable to the Corporation and at a price not to exceed the lesser of cost or fair market value as determined by an Independent Expert. Notwithstanding anything to the contrary in this Section 9.01, following a Non-Listed Offering, the Adviser may purchase assets in its own name (and assume loans in connection therewith) and temporarily hold title thereto, for the purposes of facilitating the acquisition of the assets, the borrowing of money, obtaining financing for the Corporation, or the completion of construction of the assets, provided that all of the following conditions are met: (a) the assets are purchased by the Corporation at a price no greater than the cost of the assets to the Adviser; (b) all income generated by, and the expenses associated with, the assets so acquired shall be treated as belonging to the Corporation; and (c) there are no other benefits arising out of such transaction to the Adviser apart from compensation otherwise permitted by the NASAA Omnibus Guidelines.

Section 9.02 Sales and Leases to the Adviser or Affiliates. Except as otherwise permitted under the 1940 Act, exemptive relief granted by the SEC pursuant thereto, or by a determination of the staff of the SEC under the 1940 Act, following a Non-Listed Offering, the Corporation shall not sell assets to the Adviser or any Affiliate thereof unless such sale is duly approved by the Stockholders entitled to cast a majority of all the votes entitled to be cast on the matter. The Corporation shall not lease assets to the Adviser or any Affiliate thereof unless all of the following conditions are met: (a) the transaction occurs at the formation of the Corporation and is fully disclosed to the Stockholders in a Prospectus or in a periodic report filed with the SEC and (b) the terms of the transaction are fair and reasonable to the Corporation.

Section 9.03 Loans. Except for the advancement of funds pursuant to Article XI, no loans, credit facilities, credit agreements or otherwise shall be made by the Corporation to the Adviser or any Affiliate thereof.

Section 9.04 Commissions on Financing, Refinancing or Reinvestment. Following a Non-Listed Offering, the Corporation shall not pay, directly or indirectly, a commission or fee to the Adviser or any Affiliate thereof (except as otherwise specified in this Article IX and by Section 7.01 of this Charter) in connection with the reinvestment of cash flow from operations and available reserves or of the proceeds of the resale, exchange or refinancing of assets.

Section 9.05 Rebates, Kickbacks and Reciprocal Arrangements. The Adviser shall not receive or accept any rebate or give-ups or similar arrangement that is prohibited under applicable federal or state securities laws. The Adviser shall not participate in any reciprocal business arrangement that would circumvent provisions of applicable federal or state securities laws governing conflicts of interest or investment restrictions, or enter into any agreement, arrangement or understanding that would circumvent the restrictions against dealing with affiliates or promoters under applicable federal or state securities laws. The Adviser shall not directly or indirectly pay or award any fees or commissions or other compensation to any Person engaged to sell Shares or give investment advice to a potential Stockholder; provided, however, that this Section 9.05 shall not prohibit the payment to a registered broker-dealer or other properly licensed agent of sales commissions for selling or distributing Shares. The restrictions in this Section 9.05 shall only be effective following a Non-Listed Offering.

Section 9.06 Commingling. Following a Non-Listed Offering, the funds of the Corporation shall not be commingled with the funds of any other Person. Nothing in this Section 9.06 shall prohibit the Adviser from establishing a master fiduciary account pursuant to which separate sub-trust accounts are established for the benefit of affiliated programs, provided that the Corporation’s funds are protected from the claims of other programs and creditors of such programs.

Section 9.07 Lending Practices. On financing made available to the Corporation by the Adviser, the Adviser may not receive interest in excess of the lesser of the Adviser’s cost of funds or the amounts that would be charged by unrelated lending institutions on comparable loans for the same purpose. The Adviser shall not impose a prepayment charge or penalty in connection with such financing and the Adviser shall not receive points or other financing charges. The Adviser shall be prohibited from providing permanent financing for the Corporation. For purposes of

this Section 9.07, “permanent financing” shall mean any financing with a term in excess of twelve months. The restrictions in this Section 9.07 shall only be effective following a Non-Listed Offering.

Section 9.08 Other Transactions. Except as otherwise permitted under the 1940 Act, exemptive relief granted by the SEC pursuant thereto, or by a determination of the staff of the SEC under the 1940 Act, following a Non-Listed Offering, the Corporation shall not engage in any other transaction with the Adviser or an Affiliate thereof unless: (a) such transaction complies with the NASAA Omnibus Guidelines included in this Charter and all applicable law and (b) a majority of the Directors (including a majority of the independent directors of the Corporation) not otherwise interested in such transaction approve such transaction as fair and reasonable to the Corporation and on terms and conditions not less favorable to the Corporation than those available from non-Affiliated third parties.

Section 9.09 Exchanges. Following a Non-Listed Offering, the Corporation may not acquire assets from Affiliates in exchange for capital stock of the Corporation.

Section 9.10 No Exclusive Agreement. Following a Non-Listed Offering, the Corporation shall not grant or entitle the Adviser to an exclusive right to sell or exclusive employment to sell assets for the Corporation.

Article X. STOCKHOLDERS

Section 10.01 Voting Rights of Stockholders. Subject to the provisions of any class or series of Shares then outstanding and the mandatory provisions of any applicable laws or regulations, including the MGCL, or other provisions of this Charter, and following a Non-Listed Offering, the Stockholders may, without the necessity for concurrence by the Adviser: (a) elect or remove Directors, as provided in Sections 5.01 and 5.07 hereof; (b) approve or disapprove an amendment of the Charter, as provided in Article XII hereof; (c) approve or disapprove the dissolution of the Corporation; (d) remove the Adviser and elect a new Adviser; and (e) approve or disapprove the sale of all or substantially all of the assets of the Corporation, when such sale is to be made other than in the ordinary course of the Corporation’s business. Without the approval of Stockholders entitled to cast a majority of all the votes entitled to be cast on the matter, or such other approval as may be required under the mandatory provisions of any applicable laws or regulations, including the MGCL, or other provisions of this Charter, following a Non-Listed Offering the Corporation shall not permit the Adviser to: (A) amend the Charter except for amendments that do not adversely affect the rights of Stockholders; (B) appoint a new Adviser (other than a sub-adviser pursuant to the terms of an Advisory Agreement and applicable law); (C) sell all or substantially all of the Corporation’s assets other than in the ordinary course of the Corporation’s business or as otherwise permitted by law; (D) cause the merger or similar reorganization of the Corporation except as permitted by law; or (E) except as permitted under the Advisory Agreement, voluntarily withdraw as the Adviser unless such withdrawal would not affect the tax status of the Corporation and would not materially adversely affect the Stockholders.

Section 10.02 Voting Limitations on Shares Held by the Adviser and Affiliates. With respect to Shares owned by the Adviser, the Adviser may not vote or consent on matters submitted to the Stockholders regarding the removal of the Adviser or any transaction between the Corporation and the Adviser or any of its Affiliates. In determining the requisite percentage in interest of Shares entitled to vote on a matter, and necessary to approve a matter, on which the Adviser may not vote or consent, any Shares owned by it shall not be included.

Section 10.03 Right of Inspection. Any Stockholder shall be permitted access to the records of the Corporation to which it is entitled under applicable law at all reasonable times and may inspect and copy any of them for a reasonable charge. Inspection of the Corporation’s books and records by the office or agency administering the securities laws of a jurisdiction shall be provided upon reasonable notice and during normal business hours. Information regarding stockholders’ right to access the Corporation’s records pertaining to its stockholders is set forth in the Bylaws.

Section 10.04 Access to Stockholder List. An alphabetical list of the names, addresses and telephone numbers of the Stockholders, along with the number of Shares held by each of them (the “Stockholder List”), shall be maintained as part of the books and records of the Corporation and shall be available for inspection by any Stockholder or the Stockholder’s designated agent at the home office of the Corporation upon the request of the Stockholder. The Stockholder List shall be updated at least quarterly to reflect changes in the information contained therein. A copy of the Stockholder List shall be mailed to any Stockholder so requesting within ten days of receipt by the Corporation of the request. The copy of the Stockholder List shall be printed in alphabetical order, on white paper, and in a readily readable type size (in no event smaller than ten-point type). The Corporation may impose a reasonable

charge for expenses incurred in reproduction pursuant to the Stockholder request. A Stockholder may request a copy of the Stockholder List in connection with matters relating to Stockholders’ voting rights and the exercise of Stockholder rights under federal proxy laws.

If the Adviser or the Board neglects or refuses to exhibit, produce or mail a copy of the Stockholder List as requested, the Adviser and/or the Board, as the case may be, shall be liable to any Stockholder requesting the Stockholder List for the costs, including reasonable attorneys’ fees, incurred by that Stockholder for compelling the production of the Stockholder List, and for actual damages suffered by any Stockholder by reason of such refusal or neglect. It shall be a defense that the actual purpose and reason for the requests for inspection or for a copy of the Stockholder List is to secure such list of Stockholders or other information for the purpose of selling such list or copies thereof, or of using the same for a commercial purpose other than in the interest of the applicant as a Stockholder relative to the affairs of the Corporation. The Corporation may require the Stockholder requesting the Stockholder List to represent that the list is not requested for a commercial purpose unrelated to the Stockholder’s interest in the Corporation. The remedies provided hereunder to Stockholders requesting copies of the Stockholder List are in addition to and shall not in any way limit other remedies available to Stockholders under federal law or the laws of any state.

Section 10.05 Reports.

(a) Following a Non-Listed Offering, the Corporation shall cause to be prepared and mailed or delivered by any reasonable means, including an electronic medium, a copy of the Corporation’s Annual Report on Form 10-K to each Stockholder as of a record date after the end of the fiscal year within 120 days after the end of the fiscal year to which it relates for each fiscal year ending after the Commencement of a Non-Listed Offering that shall include: (i) financial statements prepared in accordance with generally accepted accounting principles which are audited and reported on by independent certified public accountants; (ii) a report of the material activities of the Corporation during the period covered by the report; (iii) where forecasts have been provided to the Stockholders, a table comparing the forecasts previously provided with the actual results during the period covered by the report; and (iv) a report setting forth distributions to Stockholders for the period covered thereby and separately identifying distributions from: (A) cash flow from operations during the period; (B) cash flow from operations during a prior period which have been held as reserves; (C) proceeds from disposition of assets; and (D) reserves from the gross proceeds. Such Annual Report on Form 10-K must also contain a breakdown of the costs reimbursed to the Adviser. Following a Non-Listed Offering, the Corporation shall take reasonable steps to ensure that: (v) within the scope of the annual audit of the Corporation’s financial statements, the independent certified public accountants preparing such Annual Report on Form 10-K will issue a special report on the allocation of such costs to the Corporation in accordance with the Advisory Agreement; (w) the special report shall be in accordance with the American Institute of Certified Public Accountants United States Auditing Standards relating to special reports; (x) the additional costs of such special report will be itemized and may be reimbursed to the Adviser by the Corporation in accordance with this Section 10.05 only to the extent that such reimbursement, when added to the cost for administrative services rendered, does not exceed the competitive rate for such services as determined above; (y) the special report shall at minimum provide a review of the time records of individual employees, the costs of whose services were reimbursed and the specific nature of the work performed by each such employee; and (v) the prospectus, prospectus supplement or periodic report as filed with the SEC shall disclose in tabular form an itemized estimate of such proposed expenses for the next fiscal year together with a breakdown by year of such expenses reimbursed in each of the last five public programs formed by the Adviser and subject to the NASAA Omnibus Guidelines.

(b) Following a Non-Listed Offering, the Corporation shall cause to be prepared and mailed or delivered to each Stockholder within 60 days after the end of each fiscal quarter of the Corporation a Quarterly Report on Form 10-Q filed by the Corporation under the Exchange Act.

(c) Following a Non-Listed Offering, the Corporation shall cause to be prepared and mailed or delivered within 75 days after the end of each calendar year of the Corporation to each Person who was at any time during such calendar year a Stockholder all information pertaining to such Stockholder’s investment in the Corporation necessary for the preparation of such Person’s federal income tax return.

(d) If Shares have been purchased on a deferred payment basis, on which there remains an unpaid balance during any period covered by any report required by subsections (a) and (b) above, then such report shall contain a detailed statement of the status of all deferred payments, actions taken by the Corporation in response to any defaults and a discussion and analysis of the impact on capital requirements of the Corporation.

Section 10.06 Tender Offers. If any Person makes a tender offer, including, without limitation, a “mini-tender” offer, such Person must comply with all of the provisions set forth in Regulation 14D of the Exchange Act, including, without limitation, disclosure and notice requirements, that would be applicable if the tender offer was for more than five percent of the outstanding Shares; provided, however, that, unless otherwise required by the Exchange Act, such documents are not required to be filed with the SEC. In addition, any such Person must provide notice to the Corporation at least ten Business Days prior to initiating any such tender offer. No Stockholder may transfer any Shares held by such Stockholder to any Person who initiates a tender offer without complying with the provisions set forth above (a “Non-Compliant Tender Offer”) unless such Stockholder shall have first offered such Shares to the Corporation at the tender offer price offered in such Non-Compliant Tender Offer. In addition, any Person who makes a Non-Compliant Tender Offer shall be responsible for all expenses incurred by the Corporation in connection with the enforcement of the provisions of this Section 10.06, including, without limitation, expenses incurred in connection with the review of all documents related to such tender offer. In addition to the remedies provided herein, the Corporation may seek injunctive relief, including, without limitation, a temporary or permanent restraining order, in connection with any Non-Compliant Tender Offer. This Section 10.06 shall be of no force or effect with respect to any Shares that are then Listed.

Article XI. LIABILITY LIMITATION AND INDEMNIFICATION

Section 11.01 Limitation of Stockholder Liability. No Stockholder shall be liable for any debt, claim, demand, judgment or obligation of any kind of, against or with respect to the Corporation by reason of his being a Stockholder, nor shall any Stockholder be subject to any personal liability whatsoever, in tort, contract or otherwise, to any Person in connection with the Corporation’s assets or the affairs of the Corporation by reason of being a Stockholder.

Section 11.02 Limitation of Director and Officer Liability.

(a) Subject to any limitations set forth under Maryland law or the 1940 Act or in this Article XI, no Director or officer of the Corporation shall be liable to the Corporation or its Stockholders for money damages.

(b) Notwithstanding anything to the contrary contained in paragraph (a) above, the Corporation shall not provide that a Director, the Adviser or any Affiliate of the Adviser (the “Indemnitee”) be held harmless for any loss or liability suffered by the Corporation, unless all of the following conditions are met:

(i) The Indemnitee has determined, in good faith, that the course of conduct that caused the loss or liability was in the best interests of the Corporation.

(ii) The Indemnitee was acting on behalf of or performing services for the Corporation.

(iii) Such liability or loss was not the result of (A) negligence or misconduct, in the case that the Indemnitee is the Adviser or an Affiliate of the Adviser, or (B) gross negligence or willful misconduct, in the case that the Indemnitee is a Director who is not also an officer of the Corporation or the Adviser or an Affiliate of the Adviser.

(iv) Such agreement to hold harmless is recoverable only out of the Corporation’s net assets and not from the Stockholders.

(c) Notwithstanding the foregoing, paragraph (b) above shall only apply to an Indemnitee following a Non-Listed Offering.

Section 11.03 Indemnification.

(a) Subject to any limitations set forth under Maryland law or the 1940 Act or in paragraph (b) or (c) below, the Corporation shall indemnify and, without requiring a preliminary determination of the ultimate entitlement to indemnification, pay or reimburse reasonable expenses in advance of final disposition of a proceeding to (i) any individual who is a present or former Director or officer of the Corporation and who is made or threatened to be made a party to the proceeding by reason of his or her service in that capacity, (ii) any individual who, while a Director or officer of the Corporation and at the request of the Corporation, serves or has served as a director, officer, partner, member, manager or trustee of another corporation, real estate investment trust, partnership, limited liability company, joint venture, trust, employee benefit plan or other enterprise and who is made or threatened to be made a party to the proceeding by reason of his or her service in that capacity or (iii) the Adviser or any of its Affiliates acting as an agent of the Corporation, in each case to the maximum extent permitted by Maryland law. The rights to indemnification and advance of expenses provided to a Director or officer hereby shall vest immediately upon election of such Director or officer. The Corporation may, with the approval of the Board of Directors or any duly authorized committee thereof, provide such indemnification and advance for expenses to a Person who served a predecessor of the Corporation in any of the capacities described in (i) or (ii) above and to any employee or agent of the Corporation or a predecessor of the Corporation. The Board may take such action as is necessary to carry out this Section 11.03(a).

(b) Notwithstanding anything to the contrary contained in paragraph (a) above, the Corporation shall not provide for indemnification of an Indemnitee for any liability or loss suffered by such Indemnitee, unless all of the following conditions are met:

(i) The Indemnitee has determined, in good faith, that the course of conduct that caused the loss or liability was in the best interests of the Corporation.

(ii) The Indemnitee was acting on behalf of or performing services for the Corporation.

(iii) Such liability or loss was not the result of (A) negligence or misconduct, in the case that the Indemnitee is the Adviser, an Affiliate of the Adviser or an officer of the Corporation, or (B) gross negligence or willful misconduct, in the case that the Indemnitee is a Director who is not also an officer of the Corporation or the Adviser or an Affiliate of the Adviser.

(iv) Such indemnification or agreement to hold harmless is recoverable only out of the Corporation’s net assets and not from the Stockholders.

(c) Notwithstanding anything to the contrary contained in paragraph (a) above, the Corporation shall not provide indemnification to an Indemnitee for any loss, liability or expense arising from or out of an alleged violation of federal or state securities laws by such party unless one or more of the following conditions are met: (i) there has been a successful adjudication on the merits of each count involving alleged material securities law violations as to the Indemnitee; (ii) such claims have been dismissed with prejudice on the merits by a court of competent jurisdiction as to the Indemnitee; or (iii) a court of competent jurisdiction approves a settlement of the claims against the Indemnitee and finds that indemnification of the settlement and the related costs should be made, and the court considering the request for indemnification has been advised of the position of the SEC and of the published position of any state securities regulatory authority in which Shares were offered or sold as to indemnification for violations of securities laws.

(d) Notwithstanding the foregoing, paragraphs (b) and (c) above shall only apply to an Indemnitee following a Non-Listed Offering.

Section 11.04 Payment of Expenses. The Corporation may pay or reimburse reasonable legal expenses and other costs incurred by an Indemnitee in advance of final disposition of a proceeding only if all of the following are satisfied: (a) the proceeding relates to acts or omissions with respect to the performance of duties or services on behalf of the Corporation, (b) the Indemnitee provides the Corporation with written affirmation of the Indemnitee’s good faith belief that the Indemnitee has met the standard of conduct necessary for indemnification by the Corporation as authorized by Section 11.03 hereof, (c) the legal proceeding was initiated by a third party who is not a Stockholder or, if by a Stockholder of the Corporation acting in his or her capacity as such, a court of competent jurisdiction approves such advancement, and (d) the Indemnitee provides the Corporation with a written agreement to repay the amount paid or reimbursed by the Corporation, together with the applicable legal rate of interest thereon, if it is ultimately determined that the Indemnitee did not comply with the requisite standard of conduct and is not entitled to indemnification. Notwithstanding the foregoing, this Section 11.04 shall only apply to an Indemnitee following a Non-Listed Offering.

Section 11.05 Express Exculpatory Clauses in Instruments. Neither the Stockholders nor the Directors, officers, employees or agents of the Corporation shall be liable under any written instrument creating an obligation of the Corporation by reason of their being Stockholders, Directors, officers, employees or agents of the Corporation, and all Persons shall look solely to the Corporation’s assets for the payment of any claim under or for the performance of that instrument. The omission of the foregoing exculpatory language from any instrument shall not affect the validity or enforceability of such instrument and shall not render any Stockholder, Director, officer, employee or agent liable thereunder to any third party, nor shall the Directors or any officer, employee or agent of the Corporation be liable to anyone as a result of such omission.

Section 11.06 1940 Act Limitation on Indemnification. As required under the 1940 Act, no provision of this Article XI shall be effective to protect or purport to protect any Director, any officer of the Corporation, the Adviser or any Affiliate of the Adviser against liability to the Corporation or the Stockholders to which he, she or it would otherwise be subject by reason of willful misconduct, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of his, her or its office.

Section 11.07 Amendment or Repeal. Neither the amendment nor repeal of this Article XI, nor the adoption or amendment of any other provision of the Charter or Bylaws inconsistent with this Article XI, shall apply to or affect in any respect the applicability of the preceding sections of this Article XI with respect to any act or failure to act which occurred prior to such amendment, repeal, or adoption.

Section 11.08 Non-Exclusivity. The indemnification and advancement of expenses provided or authorized by this Article XI shall not be deemed exclusive of any other rights, by indemnification or otherwise, to which a Director or an officer of the Corporation may be entitled under the Bylaws, a resolution of the Stockholders or the Board, an agreement, or otherwise.

Article XII. AMENDMENTS

Section 12.01 Amendments Generally. The Corporation reserves the right from time to time, upon the requisite approval by the Board of Directors and/or the Stockholders, to make any amendment to the Charter, now or hereafter authorized by law, including any amendment altering the terms or contract rights, as expressly set forth in the Charter, of any Shares. All rights and powers conferred by the Charter on Stockholders, Directors and officers are granted subject to this reservation. Except as provided in Section 12.02 and Section 12.03 and except for those amendments permitted to be made without Stockholder approval under Maryland law or by specific provision in the Charter, and provided further that the Board has declared the amendment advisable and directed that it be submitted for consideration by the Stockholders as required by the MGCL, any amendment to the Charter shall be valid only if approved by the affirmative vote of Stockholders entitled to cast a majority of all the votes entitled to be cast on the matter.

Section 12.02 Specific Charter Amendments. Any amendment to, or any amendment inconsistent with, the provisions of, Section 5.01, Section 5.02, Section 5.07, Section 5.08, Section 6.07, Article XI, Section 12.01, this Section 12.02 or Section 12.03 of this Charter may be adopted only by the affirmative vote of the Stockholders entitled to cast at least 75% of the votes entitled to be cast thereon, with holders of each class or series of Shares voting as a separate class, and the affirmative vote of at least 75% of the entire Board, unless the Continuing Directors of the Corporation, by a vote of at least 75% of such Directors, approve such amendment, in which case, such amendment shall be approved as required by applicable law, the Charter and Bylaws and, following a Non-Listed Offering, the NASAA Omnibus Guidelines (without regard to the provisions of this Section 12.02).

Section 12.03 Approval of Certain Extraordinary Actions and Charter Amendments.

(a) Required Votes. Except as provided in Section 12.03(b), the affirmative vote of the Stockholders entitled to cast at least 75% of the votes entitled to be cast generally in the election of Directors, with holders of each class or series of Shares voting as a separate class, and the affirmative vote of at least 75% of the entire board, shall be necessary to effect:

(i) Any amendment to the Charter to make Common Shares a “redeemable security” and any other proposal to convert the Corporation from a “closed-end company” to an “open-end company” (as defined in the 1940 Act), or any amendment to Article II;

(ii) Any Stockholder proposal as to specific investment decisions made or to be made regarding the Corporation’s assets;

(iii) Following a Non-Listed Offering, any proposal as to the voluntary liquidation or dissolution of the Corporation or any amendment to the Charter to terminate the existence of the Corporation; and

(iv) Following a Non-Listed Offering, any Business Combination (as defined below).

(b) If any proposal, transaction or Business Combination described in Section 12.03(a) is approved by at least 75% of the Continuing Directors, then, notwithstanding the requirements of Section 12.03(a), such proposal, transaction or Business Combination shall be approved as required by applicable law, the Charter and Bylaws and, following a Non-Listed Offering, the NASAA Omnibus Guidelines (without regard to the provisions of Section 12.03(a)).

For the purposes of this Article XII:

(a) “Business Combination” shall mean any of the transactions described or referred to in any one or more of the following subparagraphs:

(i) any merger, consolidation or statutory share exchange of the Corporation with or into any other person;

(ii) any sale, lease, exchange, mortgage, pledge, transfer or other disposition (in one transaction or a series of transactions in any 12-month period) to or with any other Person of any assets of the Corporation having an aggregate Fair Market Value of $1,000,000 or more except for portfolio transactions of the Corporation effected in the ordinary course of the Corporation’s business;

(iii) the issuance or transfer by the Corporation (in one transaction or a series of transactions in any 12-month period) of any securities of the Corporation to any other person in exchange for cash, securities or other property (or a combination thereof) having an aggregate Fair Market Value of $1,000,000 or more excluding (x) sales of any securities of the Corporation in connection with a public offering or private placement thereof, (y) issuances of any securities of the Corporation pursuant to a dividend reinvestment and/or cash purchase plan adopted by the Corporation and (z) issuances of any securities of the Corporation upon the exercise of any stock subscription rights distributed by the Corporation.

(b) “Continuing Director” means any member of the Board of Directors who (i) is not an Interested Party or an Affiliate or an Associate of an Interested Party and has been a member of the Board of Directors for a period of at least 24 months (or since the Corporation’s commencement of operations, if that period is less than 24 months); or (ii) is a successor of a Continuing Director who is not an Interested Party or an Affiliate or an Associate of an Interested Party and is recommended to succeed a Continuing Director by a majority of the Continuing Directors then in office or is nominated for election by the Stockholders by a majority of the Continuing Directors then in office; or

(iii) is appointed to the Board of Directors to be a Continuing Director by a majority of the Continuing Directors then in office and who is not an Interested Party or an Affiliate or Associate of an Interested Party.

(c) “Interested Party” shall mean any Person which enters, or proposes to enter, into a Business Combination with the Corporation or which individually or together with any other persons beneficially owns or is deemed to own, directly or indirectly, more than 5 percent of any class of the Corporation’s securities (within the meaning of Section 13(d) of the Exchange Act).

(d) “Affiliate” and “Associate” shall have the respective meanings ascribed to such terms in Rule 12b-2 of the Exchange Act; provided that for purposes of this Section 12.03, the term “Affiliate” shall also include any person who, at or prior to the time of election to the Board of Directors, had expressed support in writing of any proposals of an Interested Party for which Stockholder approval would be required (for purposes of consideration of these proposals only).

(e) “Fair Market Value” means:

(i) in the case of stock, the highest closing sale price during the 30-day period immediately preceding the relevant date of a share of such stock on the New York Stock Exchange, or if such stock is not listed on such Exchange, on the principal United States securities exchange registered under the Exchange Act on which such stock is listed, or, if such stock is not listed on any such exchange, the highest closing bid quotation with respect to a share of such stock during the 30-day period preceding the relevant date on any quotation system then in use, or if no such quotations are available, the fair market value on the relevant date of a share of such stock as determined by at least 75% of the Continuing Directors, and

(ii) in the case of property other than cash or stock, the fair market value of such property on the relevant date as determined by at least 75% of the Continuing Directors.

Continuing Directors of the Corporation, by the vote of at least 75% of such directors, shall have the power to determine, on the basis of information known to them after reasonable inquiry, all facts necessary to determine (i) whether a Person is an Affiliate or Associate of another, and (ii) whether the assets which are the subject of any Business Combination have, or the consideration to be received for the issuance or transfer of securities by the Corporation in any Business Combination has, an aggregate Fair Market Value of $1,000,000 or more.

Article XIII. ERISA TRANSFER RESTRICTIONS

Notwithstanding any other provision herein, if and to the extent that any class or series of Shares do not constitute Publicly Offered Securities, in order to avoid the possibility that the underlying assets of the Corporation could be treated as assets of any Plan pursuant to the Plan Asset Regulation, the Corporation, at the direction of the Board of Directors or any duly-authorized committee of the Board, or, if authorized by the Board, any officer of the Corporation or the Adviser on behalf of the Corporation, shall have the power to (1) require any Person proposing to acquire Shares to furnish such information as may be necessary to determine whether such person is (i) a Benefit Plan Investor, or (ii) an ERISA Controlling Person, (2) restrict or prohibit transfers of Shares to any Person, and (3) redeem any outstanding Shares for such price and on such other terms and conditions as may be determined by or at the direction of the Board.

Article XIV. ROLL-UP TRANSACTIONS

In connection with any proposed Roll-Up Transaction, following a Non-Listed Offering, an appraisal of all of the Corporation’s assets shall be obtained from a competent Independent Expert. If the appraisal will be included in a Prospectus used to offer the securities of a Roll-Up Entity, the appraisal shall be filed with the SEC and the states as an exhibit to the registration statement for the offering. Following a Non-Listed Offering, the Corporation’s assets shall be appraised on a consistent basis, and the appraisal shall be based on the evaluation of all relevant information and shall indicate the value of the assets as of a date immediately prior to the announcement of the proposed Roll-Up Transaction. Such appraisal shall assume an orderly liquidation of the assets over a twelve-month period. The terms of the engagement of the Independent Expert shall clearly state that the engagement is for the benefit of the Corporation and the Stockholders. A summary of such appraisal, indicating all material assumptions underlying the appraisal, shall be included in a report to Stockholders in connection with a proposed Roll-Up Transaction. Following a Non-Listed Offering and in connection with a proposed Roll-Up Transaction, the Person sponsoring the Roll-Up Transaction shall offer to holders of Common Shares who vote against the proposed Roll-Up Transaction the choice of:

(a) accepting the securities of a Roll-Up Entity offered in the proposed Roll-Up Transaction; or

(b) one of the following:

(i) remaining as Stockholders and preserving their interests therein on the same terms and conditions as existed previously; or

(ii) receiving cash in an amount equal to the Stockholder’s pro rata share of the appraised value of the Corporation’s net assets.

Following a Non-Listed Offering, the Corporation is prohibited from participating in any proposed Roll-Up Transaction:

(a) that would result in the holders of Common Shares having voting rights in a Roll-Up Entity that are less than the rights provided for in Section 10.01 hereof;

(b) that includes provisions that would operate as a material impediment to, or frustration of, the accumulation of Shares by any purchaser of the securities of the Roll-Up Entity (except to the minimum extent necessary to preserve the tax status of the Roll-Up Entity), or which would limit the ability of an investor to exercise the voting rights of its securities of the Roll-Up Entity on the basis of the number of Shares held by that investor;

(c) in which investor’s rights to access of records of the Roll-Up Entity will be less than those described in Sections 10.03 and 10.04 hereof; or

(d) in which any of the costs of the Roll-Up Transaction would be borne by the Corporation if the Roll-Up Transaction is rejected by the holders of Common Shares.

Article XV. TRANSFER RESTRICTIONS

During the Restricted Period, a stockholder shall not transfer (whether by sale, gift, merger, by operation of law or otherwise), exchange, assign, pledge, hypothecate or otherwise dispose of or encumber (collectively, “Transfer”) any shares of Common Stock acquired prior to a Listing to any person or entity unless (i) the Board provides prior written consent and (ii) the Transfer is made in accordance with applicable securities and other laws. The “Restricted Period” is 180 days after the date of the Listing for all of the shares of Common Stock held by a stockholder prior to the date of the Listing, 270 days after the date of the Listing for two-thirds of the shares of Common Stock held by a stockholder prior to the date of the Listing and 365 days after the date of the Listing for one-third of the shares of Common Stock held by a stockholder prior to the date of the Listing. The Board may impose certain conditions in connection with granting its consent to a Transfer. Any purported Transfer of any shares of Common Stock effected in violation of this Article XV shall be void ab initio and shall have no force or effect, and the Corporation shall not register or permit registration of (and shall direct its transfer agent, if any, not to register or permit registration of) any such purported Transfer on its books and records.

THIRD: The amendment to and restatement of the charter as hereinabove set forth have been duly advised by the Board of Directors and approved by the stockholders of the Corporation as required by law.

FOURTH: The current address of the principal office of the Corporation is as set forth in Article III of the foregoing amendment and restatement of the charter.

FIFTH: The name and address of the Corporation’s current resident agent are as set forth in Article III of the foregoing amendment and restatement of the charter.

SIXTH: The number of directors of the Corporation and the names of those currently in office are as set forth in Article V of the foregoing amendment and restatement of the charter.

SEVENTH: The undersigned acknowledges these Articles of Amendment and Restatement to be the corporate act of the Corporation and, as to all matters or facts required to be verified under oath, the undersigned acknowledges that, to the best of the undersigned’s knowledge, information and belief, these matters and facts are true in all material respects and that this statement is made under the penalties for perjury.

-Signature page follows-

IN WITNESS WHEREOF, the Corporation has caused these Articles of Amendment and Restatement to be signed in its name and on its behalf by its Chief Operating Officer and attested to by its Chief Compliance Officer on the 1st day of March, 2016.

ATTEST:	BLUE OWL CAPITAL CORPORATION
Rebecca Tabb Chief Compliance Officer	Alan Kirshenbaum Chief Operating Officer

EX-31.1

Exhibit 31.1

CERTIFICATION PURSUANT TO

RULES 13a-14(a) AND 15d-14(a) UNDER THE SECURITIES EXCHANGE ACT OF 1934,

AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Craig W. Packer, Chief Executive Officer of Blue Owl Capital Corporation, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Blue Owl Capital Corporation (the “registrant”) for the quarter ended June 30, 2023;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this Quarterly Report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, and cash flows of the registrant as of, and for, the periods presented in this Quarterly Report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this Quarterly Report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 9, 2023	By:	/s/ Craig W. Packer
		Craig W. Packer
		Chief Executive Officer

EX-31.2

Exhibit 31.2

CERTIFICATION PURSUANT TO

RULES 13a-14(a) AND 15d-14(a) UNDER THE SECURITIES EXCHANGE ACT OF 1934,

AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Jonathan Lamm, Chief Financial Officer of Blue Owl Capital Corporation, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of Blue Owl Capital Corporation (the “registrant”) for the quarter ended June 30, 2023;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this Quarterly Report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, and cash flows of the registrant as of, and for, the periods presented in this Quarterly Report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this Quarterly Report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 9, 2023	By:	/s/ Jonathan Lamm
		Jonathan Lamm
		Chief Operating Officer and Chief Financial Officer

EX-32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO

SECTION 1350, CHAPTER 63 OF TITLE 18, UNITED STATES CODE,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

Pursuant to Section 1350, Chapter 63 of Title 18, United States Code, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned, as Chief Executive Officer of Blue Owl Capital Corporation (the “Company”), does hereby certify that to the undersigned’s knowledge:

1) the Company’s Form 10-Q for the quarter ended June 30, 2023 fully complies with the requirements of Section 13(a) or 15(d) as applicable of the Securities Exchange Act of 1934, as amended; and

2) the information contained in the Company’s Form 10-Q for the quarter ended June 30, 2023 fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: August 9, 2023	By:	/s/ Craig W. Packer
		Craig W. Packer
		Chief Executive Officer

EX-32.2

Exhibit 32.2

CERTIFICATION PURSUANT TO

SECTION 1350, CHAPTER 63 OF TITLE 18, UNITED STATES CODE,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

Pursuant to Section 1350, Chapter 63 of Title 18, United States Code, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned, as Chief Financial Officer of Blue Owl Capital Corporation (the “Company”), does hereby certify that to the undersigned’s knowledge:

1) the Company’s Form 10-Q for the quarter ended June 30, 2023 fully complies with the requirements of Section 13(a) or 15(d) as applicable of the Securities Exchange Act of 1934, as amended; and

2) the information contained in the Company’s Form 10-Q for the quarter ended June 30, 2023 fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: August 9, 2023	By:	/s/ Jonathan Lamm
		Jonathan Lamm
		Chief Operating Officer and Chief Financial Officer

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Cover - shares	6 Months Ended
	Jun. 30, 2023	Aug. 09, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	814-01190
Entity Registrant Name	BLUE OWL CAPITAL CORP
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	47-5402460
Entity Address, Address Line One	399 Park Avenue
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10022
City Area Code	212
Local Phone Number	419-3000
Title of 12(b) Security	Common Stock, $0.01 par value per share
Trading Symbol	OBDC
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		389,732,868
Amendment flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Central Index Key	0001655888

XML

Consolidated Statements of Assets and Liabilities - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Assets
Investments at fair value	$ 12,892,943	$ 13,010,345	[1],[2],[3]
Cash (restricted cash of $92,975 and $96,420, respectively)	366,208	444,278
Foreign cash (cost of $1,675 and $809, respectively)	1,687	809
Interest receivable	107,767	108,085
Prepaid expenses and other assets	5,371	3,627
Total Assets	13,393,278	13,584,853
Liabilities
Debt (net of unamortized debt issuance costs of $85,969 and $95,647, respectively)	7,027,176	7,281,744
Distribution payable	128,612	129,517
Management fee payable	48,023	47,583
Incentive fee payable	39,598	34,462
Accrued expenses and other liabilities	194,411	202,793
Total Liabilities	7,444,314	7,702,450
Commitments and contingencies (Note 7)
Net Assets
Common shares $0.01 par value, 500,000,000 shares authorized; 389,732,875 and 392,476,687 shares issued and outstanding, respectively	3,897	3,925
Additional paid-in-capital	5,936,644	5,970,674
Accumulated undistributed (overdistributed) earnings	8,423	(92,196)
Total Net Assets	5,948,964	5,882,403
Total Liabilities and Net Assets	$ 13,393,278	$ 13,584,853
Net Asset Value Per Share (in usd per share)	$ 15.26	$ 14.99
Investment income from non-controlled, non-affiliated investments:
Assets
Investments at fair value	$ 11,550,563	$ 12,010,369
Non-controlled, affiliated investments
Assets
Investments at fair value	19,626	6,175
Investment income from controlled, affiliated investments:
Assets
Investments at fair value	1,322,754	993,801
Affiliated entity
Assets
Receivable from a controlled affiliate	19,302	17,709
Liabilities
Payables to affiliates	$ 6,494	$ 6,351

[1] Certain portfolio company investments are subject to contractual restrictions on sales. Refer to footnote 28 for additional information on our restricted securities.

[2] Unless otherwise indicated, all investments are considered Level 3 investments.

[3] Unless otherwise indicated, the Company’s portfolio companies are pledged as collateral supporting the amounts outstanding under the Revolving Credit Facility, SPV Asset Facilities and CLOs. See Note 6 “Debt”.

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Consolidated Statements of Assets and Liabilities (Parenthetical) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Amortized Cost	$ 12,823,971	$ 13,046,132	[1],[2],[3],[4],[5]
Restricted cash	92,975	96,420
Foreign cash, cost	1,675	809
Unamortized debt issuance costs	$ 85,969	$ 95,647
Common stock, par value (in usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares, issued (in shares)	389,732,875	392,476,687
Common stock, shares outstanding (in shares)	389,732,875	392,476,687
Investment income from non-controlled, non-affiliated investments:
Amortized Cost	$ 11,584,680	$ 12,133,062
Non-controlled, affiliated investments
Amortized Cost	19,680	6,224
Investment income from controlled, affiliated investments:
Amortized Cost	$ 1,219,611	$ 906,846

[1] As of December 31, 2022, the net estimated unrealized loss for U.S. federal income tax purposes was $126.2 million based on a tax cost basis of $13.1 billion. As of December 31, 2022, the estimated aggregate gross unrealized loss for U.S. federal income tax purposes was $382.2 million and the estimated aggregate gross unrealized gain for U.S. federal income tax purposes was $256.0 million.

[2] Certain portfolio company investments are subject to contractual restrictions on sales. Refer to footnote 28 for additional information on our restricted securities.

[3] The amortized cost represents the original cost adjusted for the amortization or accretion of premium or discount , as applicable, on debt investments using the effective interest method.

[4] Unless otherwise indicated, all investments are considered Level 3 investments.

[5] Unless otherwise indicated, the Company’s portfolio companies are pledged as collateral supporting the amounts outstanding under the Revolving Credit Facility, SPV Asset Facilities and CLOs. See Note 6 “Debt”.

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Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Investment Income
Total investment income from non-controlled, non-affiliated investments	$ 394,223	$ 273,286	$ 771,845	$ 537,447
Expenses
Interest expense	110,017	67,347	213,972	128,726
Management fees	48,024	46,873	96,116	94,286
Performance based incentive fees	39,598	26,541	77,326	52,495
Professional fees	4,131	3,406	7,804	7,235
Directors’ fees	257	266	515	556
Other general and administrative	3,140	2,143	5,811	4,276
Total Operating Expenses	205,167	146,576	401,544	287,574
Net Investment Income (Loss) Before Taxes	189,056	126,710	370,301	249,873
Income tax expense (benefit), including excise tax expense (benefit)	2,380	1,586	5,765	2,394
Net Investment Income (Loss) After Taxes	186,676	125,124	364,536	247,479
Net change in unrealized gain (loss):
Net change in unrealized gain (loss)			85,668	(238,306)
Translation of assets and liabilities in foreign currencies	1,360	(3,221)	2,570	(3,702)
Income tax (provision) benefit	(2,415)	0	(2,696)	0
Total Net Change in Unrealized Gain (Loss)	8,937	(159,822)	85,542	(242,009)
Net realized gain (loss):
Non-controlled, non-affiliated investments	118	(51)	(52,365)	4,651
Foreign currency transactions	(169)	(197)	(308)	(1,082)
Total Net Realized Gain (Loss)	(51)	(248)	(52,673)	3,569
Total Net Realized and Change in Unrealized Gain (Loss)	8,886	(160,070)	32,869	(238,440)
Net Increase (Decrease) in Net Assets Resulting from Operations	$ 195,562	$ (34,946)	$ 397,405	$ 9,039
Earnings per share, basic (in usd per share)	$ 0.50	$ (0.09)	$ 1.02	$ 0.02
Earnings per share, diluted (in usd per share)	$ 0.50	$ (0.09)	$ 1.02	$ 0.02
Weighted average shares outstanding, basic (in shares)	389,930,979	394,184,560	390,487,912	394,246,724
Weighted-average shares outstanding, diluted (in shares)	389,930,979	394,184,560	390,487,912	394,246,724
Investment income from non-controlled, non-affiliated investments:
Investment Income
Interest income	$ 297,992	$ 206,103	$ 586,670	$ 414,704
Payment-in-kind interest income	44,803	26,748	87,858	49,159
Dividend income	17,607	9,685	35,440	21,413
Other income	7,243	5,538	10,207	9,386
Total investment income from non-controlled, non-affiliated investments	367,645	248,074	720,175	494,662
Net change in unrealized gain (loss):
Net change in unrealized gain (loss)	3,869	(152,965)	69,292	(222,913)
Non-controlled, affiliated investments
Investment Income
Dividend income	177	0	177	0
Other income			0
Total investment income from non-controlled, non-affiliated investments	177	0	177	0
Net change in unrealized gain (loss):
Net change in unrealized gain (loss)	(4)	0	(5)	0
Investment income from controlled, affiliated investments:
Investment Income
Interest income	5,553	1,854	8,227	3,627
Dividend income	20,662	23,195	42,688	38,833
Other income	186	163	578	325
Total investment income from non-controlled, non-affiliated investments	26,401	25,212	51,493	42,785
Net change in unrealized gain (loss):
Net change in unrealized gain (loss)	$ 6,127	$ (3,636)	$ 16,381	$ (15,394)

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Consolidated Schedule of Investments - USD ($)		Jun. 30, 2023		Dec. 31, 2022		Dec. 31, 2021
Schedule of Investments [Line Items]
Interest	[1],[2],[3],[4],[5]			7.00%
Interest, PIK	[1],[2],[3],[4],[5]			7.00%
Amortized Cost		$ 12,823,971,000		$ 13,046,132,000	[6],[7],[8],[9],[10]
Fair Value		$ 12,892,943,000		$ 13,010,345,000	[7],[9],[10]
Percentage of Net Assets		215.60%		220.40%	[7],[9],[10]
Notional Amount		$ 900,000,000		$ 900,000,000
Interest Rate Swap | Designated as Hedging Instrument | Unsecured debt investments | 2024 Notes
Schedule of Investments [Line Items]
Fixed interest rate		5.25%		5.25%
Basis spread on variable rate				2.937%
Notional Amount		$ 400,000,000		$ 400,000,000
Interest Rate Swap | Designated as Hedging Instrument | Unsecured debt investments | 2024 Notes | LIBOR
Schedule of Investments [Line Items]
Basis spread on variable rate		2.937%
Interest Rate Swap | Designated as Hedging Instrument | Unsecured debt investments | 2027 Notes
Schedule of Investments [Line Items]
Fixed interest rate		2.63%		2.63%
Basis spread on variable rate				1.655%
Notional Amount		$ 500,000,000		$ 500,000,000
Interest Rate Swap | Designated as Hedging Instrument | Unsecured debt investments | 2027 Notes | LIBOR
Schedule of Investments [Line Items]
Basis spread on variable rate		1.655%
Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 11,584,680,000		12,133,062,000
Fair Value		$ 11,550,563,000		$ 12,010,369,000
Percentage of Net Assets		193.10%		203.50%
Investment income from controlled, affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 1,219,611,000		$ 906,846,000
Fair Value		$ 1,322,754,000		$ 993,801,000		$ 616,780,000
Percentage of Net Assets		22.20%		15.40%
Non-controlled, affiliated investments
Schedule of Investments [Line Items]
Amortized Cost		$ 19,680,000		$ 6,224,000
Fair Value		$ 19,626,000		$ 6,175,000		0
Percentage of Net Assets		0.30%		0.10%
Controlled/affiliated portfolio company investments
Schedule of Investments [Line Items]
Par / Units		$ 201,511,000		$ 81,106,000
Amortized Cost		197,730,000		80,295,000
Fair Value		$ 198,543,000		$ 80,292,000
Percentage of Net Assets		3.30%		1.30%
Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 11,083,397,000		$ 11,660,738,000
Amortized Cost		10,931,130,000		11,513,192,000
Fair Value		$ 10,796,605,000		$ 11,307,884,000
Percentage of Net Assets		180.70%		191.80%
Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 653,550,000		$ 619,870,000
Fair Value		$ 753,958,000		$ 702,485,000
Percentage of Net Assets		12.40%		11.70%
Equity Securities | Investment income from controlled, affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 1,021,881,000		$ 826,551,000
Fair Value		$ 1,124,211,000		$ 913,509,000
Percentage of Net Assets		18.90%		14.10%
Advertising and media | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 31,445,000		$ 31,323,000
Amortized Cost		30,860,000		30,695,000
Fair Value		$ 31,126,000		$ 30,819,000
Percentage of Net Assets		0.50%		0.50%
Advertising and media | Debt Securities | Controlled/affiliated portfolio company investments
Schedule of Investments [Line Items]
Par / Units		$ 63,168,000		$ 64,058,000
Amortized Cost		62,867,000		63,611,000
Fair Value		$ 63,168,000		$ 63,881,000
Percentage of Net Assets		1.00%		1.00%
Advertising and media | Equity Securities | Investment income from controlled, affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 48,007,000		$ 48,008,000
Fair Value		$ 97,691,000		$ 97,799,000
Percentage of Net Assets		1.60%		1.70%
Aerospace and defense | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 400,729,000		$ 397,273,000
Amortized Cost		398,213,000		394,171,000
Fair Value		$ 369,577,000		$ 359,699,000
Percentage of Net Assets		6.10%		6.00%
Aerospace and defense | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 3,002,000		$ 3,003,000
Fair Value		$ 4,309,000		$ 4,214,000
Percentage of Net Assets		0.10%		0.10%
Asset based lending and fund finance | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 234,099,000		$ 212,194,000
Amortized Cost		244,457,000		233,090,000
Fair Value		$ 232,761,000		$ 210,691,000
Percentage of Net Assets		3.80%		3.60%
Asset based lending and fund finance | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 1,000
Fair Value		$ 0
Percentage of Net Assets		0.00%		0.00%
Asset based lending and fund finance | Equity Securities | Investment income from controlled, affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 425,181,000		$ 365,724,000
Fair Value		$ 501,590,000		$ 433,099,000
Percentage of Net Assets		8.40%		7.30%
Automotive | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 48,242,000
Amortized Cost		47,373,000
Fair Value		$ 47,746,000
Percentage of Net Assets		0.80%
Automotive | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 202,843,000		$ 196,850,000
Fair Value		$ 209,045,000		$ 195,632,000
Percentage of Net Assets		3.50%		3.30%
Buildings and real estate | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 428,021,000		$ 424,596,000
Amortized Cost		424,602,000		420,585,000
Fair Value		$ 423,511,000		$ 421,955,000
Percentage of Net Assets		7.10%		7.30%
Buildings and real estate | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 60,780,000		$ 57,252,000
Fair Value		$ 61,209,000		$ 57,541,000
Percentage of Net Assets		1.00%		0.90%
Business services | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 424,917,000		$ 416,177,000
Amortized Cost		383,853,000		374,770,000
Fair Value		$ 366,799,000		$ 355,900,000
Percentage of Net Assets		6.20%		6.00%
Business services | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 21,034,000		$ 19,290,000
Fair Value		$ 22,789,000		$ 20,471,000
Percentage of Net Assets		0.40%		0.30%
Chemicals | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 188,749,000		$ 202,055,000
Amortized Cost		187,105,000		200,103,000
Fair Value		$ 187,443,000		$ 201,693,000
Percentage of Net Assets		3.10%		3.50%
Consumer products | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 517,887,000		$ 524,482,000
Amortized Cost		514,190,000		520,237,000
Fair Value		$ 494,861,000		$ 499,934,000
Percentage of Net Assets		8.50%		8.50%
Consumer products | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 6,071,000		$ 6,071,000
Fair Value		$ 5,736,000		$ 5,444,000
Percentage of Net Assets		0.10%		0.10%
Containers and packaging | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 171,047,000		$ 170,840,000
Amortized Cost		168,745,000		168,410,000
Fair Value		$ 170,262,000		$ 168,848,000
Percentage of Net Assets		2.90%		2.90%
Distribution | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 453,698,000		$ 520,875,000
Amortized Cost		449,800,000		515,686,000
Fair Value		$ 452,266,000		$ 520,141,000
Percentage of Net Assets		7.50%		8.70%
Distribution | Debt Securities | Controlled/affiliated portfolio company investments
Schedule of Investments [Line Items]
Par / Units		$ 16,882,000		$ 17,048,000
Amortized Cost		16,543,000		16,684,000
Fair Value		$ 16,108,000		$ 16,411,000
Percentage of Net Assets		0.30%		0.30%
Distribution | Equity Securities | Investment income from controlled, affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 4,300,000		$ 4,300,000
Fair Value		$ 3,725,000		$ 3,950,000
Percentage of Net Assets		0.10%		0.10%
Education | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 129,535,000		$ 129,535,000
Amortized Cost		128,561,000		128,236,000
Fair Value		$ 127,579,000		$ 126,804,000
Percentage of Net Assets		2.10%		2.20%
Financial services | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 537,596,000		$ 667,958,000
Amortized Cost		534,835,000		665,440,000
Fair Value		$ 534,215,000		$ 655,820,000
Percentage of Net Assets		9.00%		11.10%
Financial services | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 1,975,000		$ 1,975,000
Fair Value		$ 69,000		$ 109,000
Percentage of Net Assets		0.00%		0.00%
Food and beverage | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 895,399,000		$ 901,558,000
Amortized Cost		881,806,000		891,554,000
Fair Value		$ 823,482,000		$ 855,808,000
Percentage of Net Assets		13.80%		14.40%
Food and beverage | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 10,949,000		$ 10,949,000
Fair Value		$ 8,099,000		$ 9,420,000
Percentage of Net Assets		0.10%		0.20%
Healthcare equipment and services | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 472,483,000		$ 474,441,000
Amortized Cost		467,788,000		470,775,000
Fair Value		$ 463,184,000		$ 459,786,000
Percentage of Net Assets		7.60%		7.60%
Healthcare equipment and services | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 41,953,000		$ 40,855,000
Fair Value		$ 46,289,000		$ 44,474,000
Percentage of Net Assets		0.80%		0.70%
Healthcare providers and services | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 594,884,000		$ 589,971,000
Amortized Cost		587,554,000		581,925,000
Fair Value		$ 585,276,000		$ 578,266,000
Percentage of Net Assets		9.80%		9.90%
Healthcare providers and services | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 6,670,000		$ 6,670,000
Fair Value		$ 6,196,000		$ 6,196,000
Percentage of Net Assets		0.10%		0.10%
Healthcare technology | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 599,400,000		$ 614,821,000
Amortized Cost		590,865,000		605,400,000
Fair Value		$ 590,302,000		$ 603,087,000
Percentage of Net Assets		10.00%		10.20%
Healthcare technology | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 10,507,000		$ 9,870,000
Fair Value		$ 9,936,000		$ 9,254,000
Percentage of Net Assets		0.10%		0.10%
Healthcare technology | Equity Securities | Non-controlled, affiliated investments
Schedule of Investments [Line Items]
Amortized Cost				$ 6,224,000
Fair Value				$ 6,175,000
Percentage of Net Assets				0.10%
Household products | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 244,301,000		$ 319,547,000
Amortized Cost		240,648,000		312,347,000
Fair Value		$ 242,384,000		$ 273,745,000
Percentage of Net Assets		4.20%		4.70%
Household products | Debt Securities | Controlled/affiliated portfolio company investments
Schedule of Investments [Line Items]
Par / Units		$ 33,925,000
Amortized Cost		32,470,000
Fair Value		$ 33,482,000
Percentage of Net Assets		0.60%
Household products | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 2,160,000		$ 2,160,000
Fair Value		$ 2,974,000		$ 2,771,000
Percentage of Net Assets		0.00%		0.00%
Household products | Equity Securities | Investment income from controlled, affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 23,762,000
Fair Value		$ 21,485,000
Percentage of Net Assets		0.40%
Human resource support services | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 165,966,000		$ 167,811,000
Amortized Cost		163,653,000		165,340,000
Fair Value		$ 158,610,000		$ 162,498,000
Percentage of Net Assets		2.60%		2.70%
Human resource support services | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 45,044,000		$ 40,538,000
Fair Value		$ 40,360,000		$ 37,469,000
Percentage of Net Assets		0.70%		0.60%
Infrastructure and environmental services | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 53,798,000		$ 173,624,000
Amortized Cost		53,882,000		173,321,000
Fair Value		$ 51,418,000		$ 157,732,000
Percentage of Net Assets		0.80%		2.70%
Infrastructure and environmental services | Debt Securities | Controlled/affiliated portfolio company investments
Schedule of Investments [Line Items]
Par / Units		$ 87,536,000
Amortized Cost		85,850,000
Fair Value		$ 85,785,000
Percentage of Net Assets		1.40%
Infrastructure and environmental services | Equity Securities | Investment income from controlled, affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 24,058,000
Fair Value		$ 24,058,000
Percentage of Net Assets		0.40%
Insurance | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 1,085,516,000		$ 1,075,197,000
Amortized Cost		1,064,258,000		1,058,643,000
Fair Value		$ 1,068,338,000		$ 1,053,299,000
Percentage of Net Assets		17.80%		18.10%
Insurance | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 58,797,000		$ 47,632,000
Fair Value		$ 85,541,000		$ 73,098,000
Percentage of Net Assets		1.40%		1.20%
Investment funds and vehicles | Equity Securities | Investment income from controlled, affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 385,339,000		$ 318,839,000
Fair Value		$ 364,428,000		$ 288,981,000
Percentage of Net Assets		6.10%		4.90%
Internet software and services | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 1,616,488,000		$ 1,640,487,000
Amortized Cost		1,598,156,000		1,619,825,000
Fair Value		$ 1,605,916,000		$ 1,621,277,000
Percentage of Net Assets		26.90%		27.30%
Internet software and services | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 118,195,000		$ 113,187,000
Fair Value		$ 115,916,000		$ 111,125,000
Percentage of Net Assets		1.80%		1.90%
Leisure and entertainment | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 238,919,000		$ 280,236,000
Amortized Cost		237,976,000		279,033,000
Fair Value		$ 237,616,000		$ 280,236,000
Percentage of Net Assets		4.00%		4.80%
Manufacturing | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 613,468,000		$ 640,556,000
Amortized Cost		602,868,000		629,537,000
Fair Value		$ 603,154,000		$ 634,855,000
Percentage of Net Assets		10.10%		10.90%
Manufacturing | Equity Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 63,569,000		$ 63,568,000
Fair Value		$ 135,490,000		$ 125,267,000
Percentage of Net Assets		2.30%		2.20%
Oil and gas | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 44,403,000		$ 102,672,000
Amortized Cost		44,097,000		101,851,000
Fair Value		$ 43,927,000		$ 102,672,000
Percentage of Net Assets		0.70%		1.80%
Professional services | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 514,006,000		$ 464,813,000
Amortized Cost		510,011,000		459,963,000
Fair Value		$ 511,930,000		$ 459,426,000
Percentage of Net Assets		8.50%		7.80%
Specialty retail | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 292,657,000		$ 293,283,000
Amortized Cost		289,981,000		290,196,000
Fair Value		$ 287,740,000		$ 289,229,000
Percentage of Net Assets		4.80%		4.80%
Transportation | Debt Securities | Investment income from non-controlled, non-affiliated investments:
Schedule of Investments [Line Items]
Par / Units		$ 85,744,000		$ 224,413,000
Amortized Cost		84,993,000		222,059,000
Fair Value		$ 85,182,000		$ 223,664,000
Percentage of Net Assets		1.50%		3.80%
Household products | Equity Securities | Investment income from controlled, affiliated investments:
Schedule of Investments [Line Items]
Amortized Cost		$ 111,234,000		$ 89,680,000
Fair Value		$ 111,234,000		$ 89,680,000
Percentage of Net Assets		1.90%		1.50%
Pharmaceuticals | Equity Securities | Non-controlled, affiliated investments
Schedule of Investments [Line Items]
Amortized Cost		$ 19,680,000
Fair Value		$ 19,626,000
Percentage of Net Assets		0.30%
Investment, Identifier [Axis]: 3ES Innovation Inc. (dba Aucerna), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12],[13]	6.50%	[2],[3],[5],[14]
Par / Units		$ 60,323,000	[11],[12],[13]	$ 60,635,000	[2],[3],[5],[14]
Amortized Cost		60,008,000	[11],[12],[13]	60,243,000	[2],[3],[5],[14]
Fair Value		$ 60,323,000	[11],[12],[13]	$ 60,332,000	[2],[3],[5],[14]
Percentage of Net Assets		1.00%	[11],[12],[13]	1.00%	[2],[3],[5],[14]
Investment, Identifier [Axis]: 3ES Innovation Inc. (dba Aucerna), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[13],[15],[16]	6.50%	[2],[3],[5],[14],[17]
Par / Units		$ 1,700,000	[11],[13],[15],[16]	$ 1,700,000	[2],[3],[5],[14],[17]
Amortized Cost		1,685,000	[11],[13],[15],[16]	1,681,000	[2],[3],[5],[14],[17]
Fair Value		$ 1,700,000	[11],[13],[15],[16]	$ 1,681,000	[2],[3],[5],[14],[17]
Percentage of Net Assets		0.00%	[11],[13],[15],[16]	0.00%	[2],[3],[5],[14],[17]
Investment, Identifier [Axis]: AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC
Schedule of Investments [Line Items]
Fair Value		$ 6,116,000	[18]	$ 0	[18]	0	[19]
Investment, Identifier [Axis]: AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC, LLC Interest
Schedule of Investments [Line Items]
Units (in shares)		6,086,000	[13],[15],[20],[21],[22],[23]	5,000	[3],[5],[17],[24],[25],[26]
Amortized Cost		$ 6,086,000	[13],[15],[20],[21],[22],[23]	$ 5,000	[3],[5],[17],[24],[25],[26]
Fair Value		$ 6,116,000	[13],[15],[20],[21],[22],[23]	$ 0	[3],[5],[17],[24],[25],[26]
Percentage of Net Assets		0.10%	[13],[15],[20],[21],[22],[23]	0.00%	[3],[5],[17],[24],[25],[26]
Investment, Identifier [Axis]: AAM Series 2.1 Aviation Feeder, LLC
Schedule of Investments [Line Items]
Fair Value		$ 18,944,000	[18]	$ 1,568,000	[18]	0	[19]
Investment, Identifier [Axis]: AAM Series 2.1 Aviation Feeder, LLC, LLC Interest
Schedule of Investments [Line Items]
Units (in shares)		18,944,000	[13],[15],[20],[21],[22],[23]	1,568,000	[3],[5],[17],[24],[25],[26]
Amortized Cost		$ 18,950,000	[13],[15],[20],[21],[22],[23]	$ 1,574,000	[3],[5],[17],[24],[25],[26]
Fair Value		$ 18,944,000	[13],[15],[20],[21],[22],[23]	$ 1,568,000	[3],[5],[17],[24],[25],[26]
Percentage of Net Assets		0.30%	[13],[15],[20],[21],[22],[23]	0.00%	[3],[5],[17],[24],[25],[26]
Investment, Identifier [Axis]: ABB/Con-cise Optical Group LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.50%	[11],[12]	7.50%	[2],[3],[4]
Par / Units		$ 63,619,000	[11],[12]	$ 67,415,000	[2],[3],[4]
Amortized Cost		62,832,000	[11],[12]	66,517,000	[2],[3],[4]
Fair Value		$ 62,187,000	[11],[12]	$ 67,247,000	[2],[3],[4]
Percentage of Net Assets		1.00%	[11],[12]	1.10%	[2],[3],[4]
Investment, Identifier [Axis]: ABB/Con-cise Optical Group LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[4],[17]			7.50%
Par / Units	[2],[3],[4],[17]			$ 6,722,000
Amortized Cost	[2],[3],[4],[17]			6,631,000
Fair Value	[2],[3],[4],[17]			$ 6,704,000
Percentage of Net Assets	[2],[3],[4],[17]			0.10%
Investment, Identifier [Axis]: ASP Conair Holdings LP, Class A Units
Schedule of Investments [Line Items]
Units (in shares)		60,714	[11],[21],[23]	60,714	[3],[25],[26]
Amortized Cost		$ 6,071,000	[11],[21],[23]	$ 6,071,000	[3],[25],[26]
Fair Value		$ 5,736,000	[11],[21],[23]	$ 5,444,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[11],[21],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: Accela, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.50%	[16]	7.50%	[2],[27]
Interest, PIK		4.25%	[16]	4.25%	[2],[27]
Par / Units		$ 28,205,000	[16]	$ 27,800,000	[2],[27]
Amortized Cost		28,097,000	[16]	27,650,000	[2],[27]
Fair Value		$ 28,064,000	[16]	$ 27,521,000	[2],[27]
Percentage of Net Assets		0.50%	[16]	0.50%	[2],[27]
Investment, Identifier [Axis]: Accela, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.50%	[15],[28]	7.00%	[2],[17]
Par / Units		$ 0	[15],[28]	$ 0	[2],[17]
Amortized Cost		0	[15],[28]	0	[2],[17]
Fair Value		$ (15,000)	[15],[28]	$ (30,000)	[2],[17]
Percentage of Net Assets		0.00%	[15],[28]	0.00%	[2],[17]
Investment, Identifier [Axis]: Accelerate Topco Holdings, LLC, Common Units
Schedule of Investments [Line Items]
Units (in shares)	[11],[21],[23]	513
Amortized Cost	[11],[21],[23]	$ 14,000
Fair Value	[11],[21],[23]	$ 15,000
Percentage of Net Assets	[11],[21],[23]	0.00%
Investment, Identifier [Axis]: Accelerate topco Holdings, LLC, Common Units
Schedule of Investments [Line Items]
Units (in shares)	[3],[25],[26]			493
Amortized Cost	[3],[25],[26]			$ 14,000
Fair Value	[3],[25],[26]			$ 14,000
Percentage of Net Assets	[3],[25],[26]			0.00%
Investment, Identifier [Axis]: Access CIG, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.75%	[11],[16]	7.75%	[2],[3],[27]
Par / Units		$ 58,760,000	[11],[16]	$ 58,760,000	[2],[3],[27]
Amortized Cost		58,474,000	[11],[16]	58,429,000	[2],[3],[27]
Fair Value		$ 58,613,000	[11],[16]	$ 58,465,000	[2],[3],[27]
Percentage of Net Assets		1.00%	[11],[16]	1.00%	[2],[3],[27]
Investment, Identifier [Axis]: Adenza Group, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28],[29]	5.75%
Par / Units	[11],[15],[28],[29]	$ 0
Amortized Cost	[11],[15],[28],[29]	(29,000)
Fair Value	[11],[15],[28],[29]	$ 0
Percentage of Net Assets	[11],[15],[28],[29]	0.00%
Investment, Identifier [Axis]: Adenza Group, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[16]	5.75%
Par / Units	[11],[16]	$ 199,718,000
Amortized Cost	[11],[16]	198,035,000
Fair Value	[11],[16]	$ 199,718,000
Percentage of Net Assets	[11],[16]	3.40%
Investment, Identifier [Axis]: Adenza Group, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28]	5.75%
Par / Units	[11],[15],[28]	$ 0
Amortized Cost	[11],[15],[28]	(117,000)
Fair Value	[11],[15],[28]	$ 0
Percentage of Net Assets	[11],[15],[28]	0.00%
Investment, Identifier [Axis]: Alera Group, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[16]	6.00%	[2],[3],[30]
Par / Units		$ 34,638,000	[11],[16]	$ 34,814,000	[2],[3],[30]
Amortized Cost		34,024,000	[11],[16]	34,150,000	[2],[3],[30]
Fair Value		$ 34,638,000	[11],[16]	$ 34,552,000	[2],[3],[30]
Percentage of Net Assets		0.60%	[11],[16]	0.60%	[2],[3],[30]
Investment, Identifier [Axis]: AmSpec Group, Inc. (fka AmSpec Services Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[31]	5.75%	[2],[3],[14]
Par / Units		$ 108,556,000	[11],[31]	$ 109,126,000	[2],[3],[14]
Amortized Cost		108,153,000	[11],[31]	108,530,000	[2],[3],[14]
Fair Value		$ 108,556,000	[11],[31]	$ 108,306,000	[2],[3],[14]
Percentage of Net Assets		1.80%	[11],[31]	1.80%	[2],[3],[14]
Investment, Identifier [Axis]: AmSpec Group, Inc. (fka AmSpec Services Inc.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		3.75%	[11],[15],[32]	4.75%	[2],[3],[14],[17]
Par / Units		$ 7,428,000	[11],[15],[32]	$ 3,073,000	[2],[3],[14],[17]
Amortized Cost		7,385,000	[11],[15],[32]	3,010,000	[2],[3],[14],[17]
Fair Value		$ 7,428,000	[11],[15],[32]	$ 2,965,000	[2],[3],[14],[17]
Percentage of Net Assets		0.10%	[11],[15],[32]	0.10%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Amergin Asset Management, LLC, Class A Units
Schedule of Investments [Line Items]
Units (in shares)		50,000,000	[11],[13],[21],[23]	50,000,000	[3],[5],[25],[26]
Amortized Cost		$ 1,000	[11],[13],[21],[23]	$ 0	[3],[5],[25],[26]
Fair Value		$ 0	[11],[13],[21],[23]	$ 0	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[11],[13],[21],[23]	0.00%	[3],[5],[25],[26]
Investment, Identifier [Axis]: AmeriLife Holdings LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[29],[33]	5.75%	[2],[3],[17],[34],[35]
Par / Units		$ 121,000	[11],[15],[29],[33]	$ 121,000	[2],[3],[17],[34],[35]
Amortized Cost		118,000	[11],[15],[29],[33]	118,000	[2],[3],[17],[34],[35]
Fair Value		$ 119,000	[11],[15],[29],[33]	$ 119,000	[2],[3],[17],[34],[35]
Percentage of Net Assets		0.00%	[11],[15],[29],[33]	0.00%	[2],[3],[17],[34],[35]
Investment, Identifier [Axis]: AmeriLife Holdings LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[33]	5.75%	[2],[3],[36]
Par / Units		$ 724,000	[11],[33]	$ 727,000	[2],[3],[36]
Amortized Cost		710,000	[11],[33]	713,000	[2],[3],[36]
Fair Value		$ 716,000	[11],[33]	$ 715,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[33]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: AmeriLife Holdings LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[33]	5.75%	[2],[3],[17],[37]
Par / Units		$ 15,000	[11],[15],[33]	$ 0	[2],[3],[17],[37]
Amortized Cost		14,000	[11],[15],[33]	(2,000)	[2],[3],[17],[37]
Fair Value		$ 14,000	[11],[15],[33]	$ (2,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[33]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Anaplan, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[16]	6.50%	[2],[3],[30]
Par / Units		$ 135,082,000	[11],[16]	$ 135,082,000	[2],[3],[30]
Amortized Cost		133,877,000	[11],[16]	133,807,000	[2],[3],[30]
Fair Value		$ 135,082,000	[11],[16]	$ 134,744,000	[2],[3],[30]
Percentage of Net Assets		2.30%	[11],[16]	2.30%	[2],[3],[30]
Investment, Identifier [Axis]: Anaplan, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28]	6.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(81,000)	[11],[15],[28]	(89,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ (24,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Apex Group Treasury LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[13],[38]	6.75%
Par / Units	[11],[13],[38]	$ 44,147,000
Amortized Cost	[11],[13],[38]	43,535,000
Fair Value	[11],[13],[38]	$ 43,375,000
Percentage of Net Assets	[11],[13],[38]	0.70%
Investment, Identifier [Axis]: Apex Group Treasury, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[5],[14]			6.75%
Par / Units	[2],[3],[5],[14]			$ 44,147,000
Amortized Cost	[2],[3],[5],[14]			43,501,000
Fair Value	[2],[3],[5],[14]			$ 41,940,000
Percentage of Net Assets	[2],[3],[5],[14]			0.70%
Investment, Identifier [Axis]: Apex Service Partners Intermediate 2, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[3],[39]			12.50%
Interest, PIK		12.50%	[22],[40]	12.50%	[3],[39]
Par / Units		$ 53,329,000	[11],[40]	$ 48,639,000	[3],[39]
Amortized Cost		52,312,000	[11],[40]	47,529,000	[3],[39]
Fair Value		$ 52,663,000	[11],[40]	$ 47,666,000	[3],[39]
Percentage of Net Assets		0.90%	[11],[40]	0.80%	[3],[39]
Investment, Identifier [Axis]: Apex Service Partners, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[34],[35]			5.50%
Par / Units	[2],[3],[34],[35]			$ 997,000
Amortized Cost	[2],[3],[34],[35]			985,000
Fair Value	[2],[3],[34],[35]			$ 989,000
Percentage of Net Assets	[2],[3],[34],[35]			0.00%
Investment, Identifier [Axis]: Apex Service Partners, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[12]	5.50%
Par / Units	[11],[12]	$ 989,000
Amortized Cost	[11],[12]	979,000
Fair Value	[11],[12]	$ 987,000
Percentage of Net Assets	[11],[12]	0.00%
Investment, Identifier [Axis]: Apex Service Partners, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[15]	5.25%	[2],[3],[17],[35]
Par / Units		$ 0	[11],[15]	$ 31,000	[2],[3],[17],[35]
Amortized Cost		0	[11],[15]	31,000	[2],[3],[17],[35]
Fair Value		$ 0	[11],[15]	$ 31,000	[2],[3],[17],[35]
Percentage of Net Assets		0.00%	[11],[15]	0.00%	[2],[3],[17],[35]
Investment, Identifier [Axis]: Apptio, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[38]	6.00%	[2],[3],[14]
Par / Units		$ 50,916,000	[11],[38]	$ 50,916,000	[2],[3],[14]
Amortized Cost		50,521,000	[11],[38]	50,404,000	[2],[3],[14]
Fair Value		$ 50,916,000	[11],[38]	$ 50,916,000	[2],[3],[14]
Percentage of Net Assets		0.90%	[11],[38]	0.90%	[2],[3],[14]
Investment, Identifier [Axis]: Apptio, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[15],[38]	6.00%	[2],[3],[14],[17]
Par / Units		$ 834,000	[11],[15],[38]	$ 1,667,000	[2],[3],[14],[17]
Amortized Cost		819,000	[11],[15],[38]	1,649,000	[2],[3],[14],[17]
Fair Value		$ 834,000	[11],[15],[38]	$ 1,667,000	[2],[3],[14],[17]
Percentage of Net Assets		0.00%	[11],[15],[38]	0.00%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Aptive Environmental, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		12.00%	[22],[40]	12.00%	[3],[39]
Interest, PIK		6.00%	[22],[40]	6.00%	[3],[39]
Par / Units		$ 12,601,000	[11],[40]	$ 12,228,000	[3],[39]
Amortized Cost		10,903,000	[11],[40]	10,256,000	[3],[39]
Fair Value		$ 11,877,000	[11],[40]	$ 11,005,000	[3],[39]
Percentage of Net Assets		0.20%	[11],[40]	0.20%	[3],[39]
Investment, Identifier [Axis]: Aramsco, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			5.25%
Par / Units	[2],[3],[27]			$ 55,322,000
Amortized Cost	[2],[3],[27]			54,893,000
Fair Value	[2],[3],[27]			$ 55,183,000
Percentage of Net Assets	[2],[3],[27]			0.90%
Investment, Identifier [Axis]: Aramsco, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[27]			5.25%
Par / Units	[2],[3],[17],[27]			$ 1,676,000
Amortized Cost	[2],[3],[17],[27]			1,618,000
Fair Value	[2],[3],[17],[27]			$ 1,655,000
Percentage of Net Assets	[2],[3],[17],[27]			0.00%
Investment, Identifier [Axis]: Ardonagh Midco 2 PLC, Unsecured notes
Schedule of Investments [Line Items]
Interest		11.50%	[13],[22],[40],[41]	11.50%	[3],[5],[39],[42]
Par / Units		$ 11,912,000	[11],[13],[40],[41]	$ 11,198,000	[3],[5],[39],[42]
Amortized Cost		11,854,000	[11],[13],[40],[41]	11,134,000	[3],[5],[39],[42]
Fair Value		$ 10,970,000	[11],[13],[40],[41]	$ 10,579,000	[3],[5],[39],[42]
Percentage of Net Assets		0.20%	[11],[13],[40],[41]	0.20%	[3],[5],[39],[42]
Investment, Identifier [Axis]: Ardonagh Midco 3 PLC, First lien senior secured EUR term loan
Schedule of Investments [Line Items]
Interest		7.25%	[11],[13],[43]	7.00%	[2],[3],[5],[44]
Par / Units		$ 9,966,000	[11],[13],[43]	$ 9,749,000	[2],[3],[5],[44]
Amortized Cost		10,078,000	[11],[13],[43]	10,056,000	[2],[3],[5],[44]
Fair Value		$ 9,966,000	[11],[13],[43]	$ 9,724,000	[2],[3],[5],[44]
Percentage of Net Assets		0.20%	[11],[13],[43]	0.20%	[2],[3],[5],[44]
Investment, Identifier [Axis]: Ardonagh Midco 3 PLC, First lien senior secured GBP delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[13],[43]	5.75%	[2],[3],[5],[34],[45]
Par / Units		$ 10,361,000	[11],[13],[43]	$ 9,803,000	[2],[3],[5],[34],[45]
Amortized Cost		11,024,000	[11],[13],[43]	11,009,000	[2],[3],[5],[34],[45]
Fair Value		$ 10,309,000	[11],[13],[43]	$ 9,729,000	[2],[3],[5],[34],[45]
Percentage of Net Assets		0.20%	[11],[13],[43]	0.20%	[2],[3],[5],[34],[45]
Investment, Identifier [Axis]: Ardonagh Midco 3 PLC, First lien senior secured GBP term loan
Schedule of Investments [Line Items]
Interest		7.25%	[11],[13],[46]	7.00%	[2],[3],[5],[47]
Par / Units		$ 110,173,000	[11],[13],[46]	$ 104,242,000	[2],[3],[5],[47]
Amortized Cost		107,434,000	[11],[13],[46]	107,189,000	[2],[3],[5],[47]
Fair Value		$ 110,173,000	[11],[13],[46]	$ 104,242,000	[2],[3],[5],[47]
Percentage of Net Assets		1.90%	[11],[13],[46]	1.80%	[2],[3],[5],[47]
Investment, Identifier [Axis]: Ardonagh Midco 3 PLC, First lien senior secured USD term loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[13],[33]	5.75%	[2],[3],[4],[5]
Par / Units		$ 26,784,000	[11],[13],[33]	$ 26,784,000	[2],[3],[4],[5]
Amortized Cost		26,431,000	[11],[13],[33]	26,382,000	[2],[3],[4],[5]
Fair Value		$ 26,650,000	[11],[13],[33]	$ 26,583,000	[2],[3],[4],[5]
Percentage of Net Assets		0.40%	[11],[13],[33]	0.50%	[2],[3],[4],[5]
Investment, Identifier [Axis]: Armstrong Bidco Limited (dba The Access Group), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[13],[15],[29],[46]	5.25%	[2],[3],[5],[17],[34],[47]
Par / Units		$ 1,133,000	[11],[13],[15],[29],[46]	$ 947,000	[2],[3],[5],[17],[34],[47]
Amortized Cost		1,072,000	[11],[13],[15],[29],[46]	945,000	[2],[3],[5],[17],[34],[47]
Fair Value		$ 1,125,000	[11],[13],[15],[29],[46]	$ 935,000	[2],[3],[5],[17],[34],[47]
Percentage of Net Assets		0.00%	[11],[13],[15],[29],[46]	0.00%	[2],[3],[5],[17],[34],[47]
Investment, Identifier [Axis]: Armstrong Bidco Limited (dba The Access Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[13],[46]	5.25%	[2],[3],[5],[47]
Par / Units		$ 2,473,000	[11],[13],[46]	$ 2,340,000	[2],[3],[5],[47]
Amortized Cost		2,340,000	[11],[13],[46]	2,336,000	[2],[3],[5],[47]
Fair Value		$ 2,454,000	[11],[13],[46]	$ 2,310,000	[2],[3],[5],[47]
Percentage of Net Assets		0.00%	[11],[13],[46]	0.00%	[2],[3],[5],[47]
Investment, Identifier [Axis]: Aruba Investments Holdings LLC (dba Angus Chemical Company), Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.75%	[11],[48]	7.75%	[2],[3],[27]
Par / Units		$ 10,000,000	[11],[48]	$ 10,000,000	[2],[3],[27]
Amortized Cost		9,889,000	[11],[48]	9,880,000	[2],[3],[27]
Fair Value		$ 8,800,000	[11],[48]	$ 9,850,000	[2],[3],[27]
Percentage of Net Assets		0.10%	[11],[48]	0.20%	[2],[3],[27]
Investment, Identifier [Axis]: Ascend Buyer, LLC (dba PPC Flexible Packaging), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.40%	[11],[12]	6.25%	[2],[3],[30]
Par / Units		$ 5,470,000	[11],[12]	$ 5,498,000	[2],[3],[30]
Amortized Cost		5,426,000	[11],[12]	5,451,000	[2],[3],[30]
Fair Value		$ 5,470,000	[11],[12]	$ 5,457,000	[2],[3],[30]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[30]
Investment, Identifier [Axis]: Ascend Buyer, LLC (dba PPC Flexible Packaging), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.40%	[11],[15],[28]	6.25%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(4,000)	[11],[15],[28]	(4,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ (4,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Associations Finance, Inc., Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			12.00%
Interest, PIK		13.50%	[22],[23],[40]	12.00%	[3],[26],[39]
Units (in shares)		54,800,000	[11],[23],[40]	54,800,000	[3],[26],[39]
Amortized Cost		$ 58,876,000	[11],[23],[40]	$ 55,348,000	[3],[26],[39]
Fair Value		$ 59,631,000	[11],[23],[40]	$ 55,641,000	[3],[26],[39]
Percentage of Net Assets		1.00%	[11],[23],[40]	0.90%	[3],[26],[39]
Investment, Identifier [Axis]: Associations, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		6.50%	[12],[15],[22],[29]	6.50%	[2],[3],[17],[34],[36]
Interest, PIK		2.50%	[12],[15],[22],[29]	2.50%	[2],[3],[17],[34],[36]
Par / Units		$ 32,242,000	[11],[12],[15],[29]	$ 3,714,000	[2],[3],[17],[34],[36]
Amortized Cost		31,851,000	[11],[12],[15],[29]	3,274,000	[2],[3],[17],[34],[36]
Fair Value		$ 31,870,000	[11],[12],[15],[29]	$ 3,590,000	[2],[3],[17],[34],[36]
Percentage of Net Assets		0.50%	[11],[12],[15],[29]	0.10%	[2],[3],[17],[34],[36]
Investment, Identifier [Axis]: Associations, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	6.50%	[2],[3],[36]
Interest, PIK		2.50%	[11],[12]	2.50%	[2],[3],[36]
Par / Units		$ 361,279,000	[11],[12]	$ 386,382,000	[2],[3],[36]
Amortized Cost		358,879,000	[11],[12]	383,491,000	[2],[3],[36]
Fair Value		$ 358,569,000	[11],[12]	$ 385,414,000	[2],[3],[36]
Percentage of Net Assets		6.00%	[11],[12]	6.60%	[2],[3],[36]
Investment, Identifier [Axis]: Associations, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28]	4.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(220,000)	[11],[15],[28]	(247,000)	[2],[3],[17],[37]
Fair Value		$ (247,000)	[11],[15],[28]	$ (82,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Aviation Solutions Midco, LLC (dba STS Aviation), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.25%	[11],[16]	7.25%	[2],[3],[14]
Par / Units		$ 211,695,000	[11],[16]	$ 212,678,000	[2],[3],[14]
Amortized Cost		210,456,000	[11],[16]	211,054,000	[2],[3],[14]
Fair Value		$ 210,636,000	[11],[16]	$ 205,233,000	[2],[3],[14]
Percentage of Net Assets		3.50%	[11],[16]	3.50%	[2],[3],[14]
Investment, Identifier [Axis]: AxiomSL Group, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34],[37]			5.75%
Par / Units	[2],[3],[17],[34],[37]			$ 0
Amortized Cost	[2],[3],[17],[34],[37]			(32,000)
Fair Value	[2],[3],[17],[34],[37]			$ (42,000)
Percentage of Net Assets	[2],[3],[17],[34],[37]			0.00%
Investment, Identifier [Axis]: AxiomSL Group, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			5.75%
Par / Units	[2],[3],[27]			$ 200,737,000
Amortized Cost	[2],[3],[27]			198,896,000
Fair Value	[2],[3],[27]			$ 197,726,000
Percentage of Net Assets	[2],[3],[27]			3.40%
Investment, Identifier [Axis]: AxiomSL Group, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[37]			5.75%
Par / Units	[2],[3],[17],[37]			$ 0
Amortized Cost	[2],[3],[17],[37]			(141,000)
Fair Value	[2],[3],[17],[37]			$ (273,000)
Percentage of Net Assets	[2],[3],[17],[37]			0.00%
Investment, Identifier [Axis]: BCPE Nucleon (DE) SPV, LP, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[13],[31]	7.00%	[2],[3],[4],[5]
Par / Units		$ 189,778,000	[11],[13],[31]	$ 189,778,000	[2],[3],[4],[5]
Amortized Cost		188,005,000	[11],[13],[31]	187,787,000	[2],[3],[4],[5]
Fair Value		$ 189,778,000	[11],[13],[31]	$ 189,303,000	[2],[3],[4],[5]
Percentage of Net Assets		3.20%	[11],[13],[31]	3.20%	[2],[3],[4],[5]
Investment, Identifier [Axis]: BCPE Osprey Buyer, Inc. (dba PartsSource), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28],[29]	5.75%	[2],[3],[17],[34],[37]
Par / Units		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		(209,000)	[11],[15],[28],[29]	(229,000)	[2],[3],[17],[34],[37]
Fair Value		$ (175,000)	[11],[15],[28],[29]	$ (315,000)	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[28],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: BCPE Osprey Buyer, Inc. (dba PartsSource), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[38]	5.75%	[2],[3],[14]
Par / Units		$ 112,341,000	[11],[38]	$ 112,911,000	[2],[3],[14]
Amortized Cost		110,929,000	[11],[38]	111,391,000	[2],[3],[14]
Fair Value		$ 110,375,000	[11],[38]	$ 110,371,000	[2],[3],[14]
Percentage of Net Assets		1.90%	[11],[38]	1.90%	[2],[3],[14]
Investment, Identifier [Axis]: BCPE Osprey Buyer, Inc. (dba PartsSource), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[38]	5.75%	[2],[3],[17],[37]
Par / Units		$ 4,479,000	[11],[15],[38]	$ 0	[2],[3],[17],[37]
Amortized Cost		4,350,000	[11],[15],[38]	(149,000)	[2],[3],[17],[37]
Fair Value		$ 4,271,000	[11],[15],[38]	$ (267,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.10%	[11],[15],[38]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: BCPE Watson (DE) ORML, LP, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[13],[33],[49]	6.50%	[1],[2],[3],[5],[35]
Par / Units		$ 15,000,000	[11],[13],[33],[49]	$ 15,000,000	[1],[2],[3],[5],[35]
Amortized Cost		14,869,000	[11],[13],[33],[49]	14,860,000	[1],[2],[3],[5],[35]
Fair Value		$ 14,925,000	[11],[13],[33],[49]	$ 14,850,000	[1],[2],[3],[5],[35]
Percentage of Net Assets		0.30%	[11],[13],[33],[49]	0.30%	[1],[2],[3],[5],[35]
Investment, Identifier [Axis]: BCTO BSI Buyer, Inc. (dba Buildertrend), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[36]			8.00%
Interest, PIK		8.00%	[12],[22]	8.00%	[2],[3],[36]
Par / Units		$ 55,101,000	[11],[12]	$ 52,752,000	[2],[3],[36]
Amortized Cost		54,723,000	[11],[12]	52,332,000	[2],[3],[36]
Fair Value		$ 55,101,000	[11],[12]	$ 52,752,000	[2],[3],[36]
Percentage of Net Assets		0.90%	[11],[12]	0.90%	[2],[3],[36]
Investment, Identifier [Axis]: BCTO BSI Buyer, Inc. (dba Buildertrend), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[15],[28]	8.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(74,000)	[11],[15],[28]	(84,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: BCTO WIW Holdings, Inc. (dba When I Work), Class A Common Stock
Schedule of Investments [Line Items]
Units (in shares)		13,000	[11],[21],[23]	13,000	[3],[25],[26]
Amortized Cost		$ 1,300,000	[11],[21],[23]	$ 1,300,000	[3],[25],[26]
Fair Value		$ 1,171,000	[11],[21],[23]	$ 1,171,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: BEHP Co-Investor II, L.P., LP Interest
Schedule of Investments [Line Items]
Units (in shares)		1,269,969	[11],[13],[21],[23]	1,270,000	[3],[5],[25],[26]
Amortized Cost		$ 1,266,000	[11],[13],[21],[23]	$ 1,266,000	[3],[5],[25],[26]
Fair Value		$ 1,325,000	[11],[13],[21],[23]	$ 1,270,000	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[11],[13],[21],[23]	0.00%	[3],[5],[25],[26]
Investment, Identifier [Axis]: BP Veraison Buyer, LLC (dba Sun World), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34],[37]			5.50%
Par / Units	[2],[3],[17],[34],[37]			$ 0
Amortized Cost	[2],[3],[17],[34],[37]			(26,000)
Fair Value	[2],[3],[17],[34],[37]			$ 0
Percentage of Net Assets	[2],[3],[17],[34],[37]			0.00%
Investment, Identifier [Axis]: BP Veraison Buyer, LLC (dba Sun World), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12]	5.50%	[2],[3],[14]
Par / Units		$ 68,335,000	[11],[12]	$ 68,684,000	[2],[3],[14]
Amortized Cost		67,745,000	[11],[12]	68,029,000	[2],[3],[14]
Fair Value		$ 67,993,000	[11],[12]	$ 68,169,000	[2],[3],[14]
Percentage of Net Assets		1.10%	[11],[12]	1.20%	[2],[3],[14]
Investment, Identifier [Axis]: BP Veraison Buyer, LLC (dba Sun World), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[15],[28]	5.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(70,000)	[11],[15],[28]	(79,000)	[2],[3],[17],[37]
Fair Value		$ (44,000)	[11],[15],[28]	$ (65,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Balrog Acquisition, Inc. (dba Bakemark), Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[12]	7.00%	[2],[3],[14]
Par / Units		$ 22,000,000	[11],[12]	$ 22,000,000	[2],[3],[14]
Amortized Cost		21,846,000	[11],[12]	21,838,000	[2],[3],[14]
Fair Value		$ 21,780,000	[11],[12]	$ 21,780,000	[2],[3],[14]
Percentage of Net Assets		0.40%	[11],[12]	0.40%	[2],[3],[14]
Investment, Identifier [Axis]: Bayshore Intermediate #2, L.P. (dba Boomi), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			7.75%
Interest, PIK		7.50%	[12],[22]	7.75%	[2],[3],[27]
Par / Units		$ 99,015,000	[11],[12]	$ 92,829,000	[2],[3],[27]
Amortized Cost		97,501,000	[11],[12]	91,215,000	[2],[3],[27]
Fair Value		$ 97,530,000	[11],[12]	$ 90,973,000	[2],[3],[27]
Percentage of Net Assets		1.60%	[11],[12]	1.50%	[2],[3],[27]
Investment, Identifier [Axis]: Bayshore Intermediate #2, L.P. (dba Boomi), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12],[15]	6.75%	[2],[3],[17],[27]
Par / Units		$ 1,384,000	[11],[12],[15]	$ 2,306,000	[2],[3],[17],[27]
Amortized Cost		1,274,000	[11],[12],[15]	2,183,000	[2],[3],[17],[27]
Fair Value		$ 1,280,000	[11],[12],[15]	$ 2,168,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: Blackhawk Network Holdings, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[38]	7.00%	[2],[3],[14]
Par / Units		$ 106,400,000	[11],[38]	$ 106,400,000	[2],[3],[14]
Amortized Cost		105,949,000	[11],[38]	105,887,000	[2],[3],[14]
Fair Value		$ 106,134,000	[11],[38]	$ 105,869,000	[2],[3],[14]
Percentage of Net Assets		1.80%	[11],[38]	1.80%	[2],[3],[14]
Investment, Identifier [Axis]: Blend Labs, Inc., Common stock
Schedule of Investments [Line Items]
Units (in shares)		72,317	[11],[21],[50]	72,317	[3],[25],[51]
Amortized Cost		$ 1,000,000	[11],[21],[50]	$ 1,000,000	[3],[25],[51]
Fair Value		$ 68,000	[11],[21],[50]	$ 104,000	[3],[25],[51]
Percentage of Net Assets		0.00%	[11],[21],[50]	0.00%	[3],[25],[51]
Investment, Identifier [Axis]: Blend Labs, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.50%	[11],[16]	7.50%	[2],[3],[30]
Par / Units		$ 67,500,000	[11],[16]	$ 67,500,000	[2],[3],[30]
Amortized Cost		66,423,000	[11],[16]	66,275,000	[2],[3],[30]
Fair Value		$ 65,813,000	[11],[16]	$ 66,319,000	[2],[3],[30]
Percentage of Net Assets		1.10%	[11],[16]	1.10%	[2],[3],[30]
Investment, Identifier [Axis]: Blend Labs, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.50%	[11],[15],[28]	7.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(45,000)	[11],[15],[28]	(52,000)	[2],[3],[17],[37]
Fair Value		$ (188,000)	[11],[15],[28]	$ (131,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Blend Labs, Inc., Warrants
Schedule of Investments [Line Items]
Units (in shares)		179,529	[11],[21],[23]	179,529	[3],[25],[26]
Amortized Cost		$ 975,000	[11],[21],[23]	$ 975,000	[3],[25],[26]
Fair Value		$ 1,000	[11],[21],[23]	$ 5,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)(c)
Schedule of Investments [Line Items]
Fair Value	[52]	$ 364,428,000		$ 288,981,000
Investment, Identifier [Axis]: Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC), LLC Interest
Schedule of Investments [Line Items]
Units (in shares)	[13],[20],[23],[49],[53]	385,339,000
Amortized Cost	[13],[20],[23],[49],[53]	$ 385,339,000
Fair Value	[13],[20],[23],[49],[53]	$ 364,428,000
Percentage of Net Assets	[13],[20],[23],[49],[53]	6.10%
Investment, Identifier [Axis]: Bracket Intermediate Holding Corp., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			4.25%
Par / Units	[2],[3],[14]			$ 510,000
Amortized Cost	[2],[3],[14]			489,000
Fair Value	[2],[3],[14]			$ 487,000
Percentage of Net Assets	[2],[3],[14]			0.00%
Investment, Identifier [Axis]: Bracket Intermediate Holding Corp., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			8.13%
Par / Units	[2],[3],[14]			$ 26,250,000
Amortized Cost	[2],[3],[14]			25,959,000
Fair Value	[2],[3],[14]			$ 25,200,000
Percentage of Net Assets	[2],[3],[14]			0.40%
Investment, Identifier [Axis]: BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12]	6.25%	[2],[3],[36]
Par / Units		$ 132,753,000	[11],[12]	$ 133,438,000	[2],[3],[36]
Amortized Cost		131,540,000	[11],[12]	131,992,000	[2],[3],[36]
Fair Value		$ 132,753,000	[11],[12]	$ 133,104,000	[2],[3],[36]
Percentage of Net Assets		2.20%	[11],[12]	2.30%	[2],[3],[36]
Investment, Identifier [Axis]: BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12],[15]	6.25%	[2],[3],[17],[37]
Par / Units		$ 2,277,000	[11],[12],[15]	$ 0	[2],[3],[17],[37]
Amortized Cost		2,147,000	[11],[12],[15]	(176,000)	[2],[3],[17],[37]
Fair Value		$ 2,277,000	[11],[12],[15]	$ (54,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Brightway Holdings, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	6.50%	[2],[3],[27]
Par / Units		$ 26,507,000	[11],[12]	$ 26,641,000	[2],[3],[27]
Amortized Cost		26,245,000	[11],[12]	26,355,000	[2],[3],[27]
Fair Value		$ 25,976,000	[11],[12]	$ 26,108,000	[2],[3],[27]
Percentage of Net Assets		0.40%	[11],[12]	0.40%	[2],[3],[27]
Investment, Identifier [Axis]: Brightway Holdings, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12],[15]	6.50%	[2],[3],[17],[37]
Par / Units		$ 1,579,000	[11],[12],[15]	$ 0	[2],[3],[17],[37]
Amortized Cost		1,550,000	[11],[12],[15]	(33,000)	[2],[3],[17],[37]
Fair Value		$ 1,516,000	[11],[12],[15]	$ (63,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Brooklyn Lender Co-Invest 2, L.P. (dba Boomi), Common Units
Schedule of Investments [Line Items]
Units (in shares)		7,503,843	[11],[21],[23]	7,503,843	[3],[25],[26]
Amortized Cost		$ 7,504,000	[11],[21],[23]	$ 7,504,000	[3],[25],[26]
Fair Value		$ 7,707,000	[11],[21],[23]	$ 7,378,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[11],[21],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: CD&R Value Building Partners I, L.P. (dba Belron), LP Interest
Schedule of Investments [Line Items]
Units (in shares)		32,912	[11],[13],[21],[23]	33,108,000	[3],[5],[25],[26]
Amortized Cost		$ 32,911,000	[11],[13],[21],[23]	$ 33,107,000	[3],[5],[25],[26]
Fair Value		$ 35,154,000	[11],[13],[21],[23]	$ 33,955,000	[3],[5],[25],[26]
Percentage of Net Assets		0.60%	[11],[13],[21],[23]	0.60%	[3],[5],[25],[26]
Investment, Identifier [Axis]: CIBT Global, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[12],[54]	5.25%	[2],[3],[14],[55]
Interest, PIK		4.25%	[11],[12],[54]	4.25%	[2],[3],[14],[55]
Par / Units		$ 903,000	[11],[12],[54]	$ 903,000	[2],[3],[14],[55]
Amortized Cost		602,000	[11],[12],[54]	616,000	[2],[3],[14],[55]
Fair Value		$ 582,000	[11],[12],[54]	$ 470,000	[2],[3],[14],[55]
Percentage of Net Assets		0.00%	[11],[12],[54]	0.00%	[2],[3],[14],[55]
Investment, Identifier [Axis]: CIBT Global, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14],[55]			7.75%
Interest, PIK		7.75%	[11],[12],[54]	7.75%	[2],[3],[14],[55]
Par / Units		$ 63,678,000	[11],[12],[54]	$ 63,678,000	[2],[3],[14],[55]
Amortized Cost		26,732,000	[11],[12],[54]	26,736,000	[2],[3],[14],[55]
Fair Value		$ 6,049,000	[11],[12],[54]	$ 6,048,000	[2],[3],[14],[55]
Percentage of Net Assets		0.10%	[11],[12],[54]	0.10%	[2],[3],[14],[55]
Investment, Identifier [Axis]: CP PIK DEBT ISSUER, LLC (dba CivicPlus, LLC), Unsecured notes
Schedule of Investments [Line Items]
Interest	[2],[3],[35]			11.75%
Interest, PIK		11.75%	[22],[33]	11.75%	[2],[3],[35]
Par / Units		$ 19,587,000	[11],[33]	$ 17,837,000	[2],[3],[35]
Amortized Cost		19,126,000	[11],[33]	17,357,000	[2],[3],[35]
Fair Value		$ 19,489,000	[11],[33]	$ 17,569,000	[2],[3],[35]
Percentage of Net Assets		0.30%	[11],[33]	0.30%	[2],[3],[35]
Investment, Identifier [Axis]: CSC MKG Topco LLC (dba Medical Knowledge Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[16]	5.75%
Par / Units	[11],[16]	$ 1,268,000
Amortized Cost	[11],[16]	1,247,000
Fair Value	[11],[16]	$ 1,249,000
Percentage of Net Assets	[11],[16]	0.00%
Investment, Identifier [Axis]: CSC Mkg Topco LLC (dba Medical Knowledge Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			5.75%
Par / Units	[2],[3],[27]			$ 1,274,000
Amortized Cost	[2],[3],[27]			1,252,000
Fair Value	[2],[3],[27]			$ 1,246,000
Percentage of Net Assets	[2],[3],[27]			0.00%
Investment, Identifier [Axis]: Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[11],[12],[15],[29]	5.50%
Par / Units	[11],[12],[15],[29]	$ 2,362,000
Amortized Cost	[11],[12],[15],[29]	2,311,000
Fair Value	[11],[12],[15],[29]	$ 2,168,000
Percentage of Net Assets	[11],[12],[15],[29]	0.00%
Investment, Identifier [Axis]: Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[12]	5.50%
Par / Units	[11],[12]	$ 10,498,000
Amortized Cost	[11],[12]	10,306,000
Fair Value	[11],[12]	$ 9,868,000
Percentage of Net Assets	[11],[12]	0.20%
Investment, Identifier [Axis]: Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[15],[16]	5.50%
Par / Units	[11],[15],[16]	$ 714,000
Amortized Cost	[11],[15],[16]	700,000
Fair Value	[11],[15],[16]	$ 666,000
Percentage of Net Assets	[11],[15],[16]	0.00%
Investment, Identifier [Axis]: Centrify Corporation, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	6.00%	[2],[3],[14]
Par / Units		$ 65,892,000	[11],[12]	$ 66,229,000	[2],[3],[14]
Amortized Cost		64,689,000	[11],[12]	64,922,000	[2],[3],[14]
Fair Value		$ 65,399,000	[11],[12]	$ 65,401,000	[2],[3],[14]
Percentage of Net Assets		1.10%	[11],[12]	1.10%	[2],[3],[14]
Investment, Identifier [Axis]: Centrify Corporation, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	6.00%	[2],[3],[14]
Par / Units		$ 0	[11],[15],[28]	$ 6,817,000	[2],[3],[14]
Amortized Cost		(123,000)	[11],[15],[28]	6,678,000	[2],[3],[14]
Fair Value		$ (51,000)	[11],[15],[28]	$ 6,732,000	[2],[3],[14]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.10%	[2],[3],[14]
Investment, Identifier [Axis]: Chapford SMA Partnership, L.P.
Schedule of Investments [Line Items]
Fair Value				$ 6,175,000		0
Investment, Identifier [Axis]: Circana Group, L.P. (fka The NPD Group, L.P.), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[16]	6.25%
Interest, PIK	[11],[16]	2.75%
Par / Units	[11],[16]	$ 23,936,000
Amortized Cost	[11],[16]	23,503,000
Fair Value	[11],[16]	$ 23,636,000
Percentage of Net Assets	[11],[16]	0.40%
Investment, Identifier [Axis]: Circana Group, L.P. (fka The NPD Group, L.P.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[15],[16]	5.75%
Par / Units	[11],[15],[16]	$ 121,000
Amortized Cost	[11],[15],[16]	96,000
Fair Value	[11],[15],[16]	$ 102,000
Percentage of Net Assets	[11],[15],[16]	0.00%
Investment, Identifier [Axis]: CivicPlus, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.75%	[22],[38]	6.75%	[2],[3],[14]
Interest, PIK		2.50%	[22],[38]	2.50%	[2],[3],[14]
Par / Units		$ 35,133,000	[11],[38]	$ 34,693,000	[2],[3],[14]
Amortized Cost		34,861,000	[11],[38]	34,394,000	[2],[3],[14]
Fair Value		$ 35,133,000	[11],[38]	$ 34,606,000	[2],[3],[14]
Percentage of Net Assets		0.60%	[11],[38]	0.60%	[2],[3],[14]
Investment, Identifier [Axis]: CivicPlus, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[15],[48]	6.25%	[2],[3],[17],[37]
Par / Units		$ 486,000	[11],[15],[48]	$ 0	[2],[3],[17],[37]
Amortized Cost		466,000	[11],[15],[48]	(22,000)	[2],[3],[17],[37]
Fair Value		$ 486,000	[11],[15],[48]	$ (7,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[48]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Conair Holdings LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[38]	7.50%
Par / Units	[11],[38]	$ 187,500,000
Amortized Cost	[11],[38]	186,373,000
Fair Value	[11],[38]	$ 176,250,000
Percentage of Net Assets	[11],[38]	3.00%
Investment, Identifier [Axis]: Conair Holdings, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			7.50%
Par / Units	[2],[3],[14]			$ 187,500,000
Amortized Cost	[2],[3],[14]			186,310,000
Fair Value	[2],[3],[14]			$ 170,626,000
Percentage of Net Assets	[2],[3],[14]			2.90%
Investment, Identifier [Axis]: Confluent Medical Technologies, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	6.50%	[2],[3],[36]
Par / Units		$ 1,000,000	[11],[12]	$ 1,000,000	[2],[3],[36]
Amortized Cost		983,000	[11],[12]	983,000	[2],[3],[36]
Fair Value		$ 983,000	[11],[12]	$ 948,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: Cornerstone OnDemand, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	6.50%	[2],[3],[27]
Par / Units		$ 115,833,000	[11],[12]	$ 115,833,000	[2],[3],[27]
Amortized Cost		114,374,000	[11],[12]	114,294,000	[2],[3],[27]
Fair Value		$ 108,883,000	[11],[12]	$ 111,200,000	[2],[3],[27]
Percentage of Net Assets		1.80%	[11],[12]	1.90%	[2],[3],[27]
Investment, Identifier [Axis]: Coupa Holdings, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28],[29]	7.50%
Par / Units	[11],[15],[28],[29]	$ 0
Amortized Cost	[11],[15],[28],[29]	(1,000)
Fair Value	[11],[15],[28],[29]	$ (1,000)
Percentage of Net Assets	[11],[15],[28],[29]	0.00%
Investment, Identifier [Axis]: Coupa Holdings, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[16]	7.50%
Par / Units	[11],[16]	$ 785,000
Amortized Cost	[11],[16]	766,000
Fair Value	[11],[16]	$ 766,000
Percentage of Net Assets	[11],[16]	0.00%
Investment, Identifier [Axis]: Coupa Holdings, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28]	7.50%
Par / Units	[11],[15],[28]	$ 0
Amortized Cost	[11],[15],[28]	(1,000)
Fair Value	[11],[15],[28]	$ (1,000)
Percentage of Net Assets	[11],[15],[28]	0.00%
Investment, Identifier [Axis]: Covetrus Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		9.25%	[11],[12]	9.25%	[2],[3],[36]
Par / Units		$ 5,000,000	[11],[12]	$ 5,000,000	[2],[3],[36]
Amortized Cost		4,903,000	[11],[12]	4,900,000	[2],[3],[36]
Fair Value		$ 4,838,000	[11],[12]	$ 4,898,000	[2],[3],[36]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[36]
Investment, Identifier [Axis]: Delta TopCo, Inc. (dba Infoblox, Inc.), Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.25%	[11],[33]	7.25%	[2],[3],[36]
Par / Units		$ 15,000,000	[11],[33]	$ 15,000,000	[2],[3],[36]
Amortized Cost		14,945,000	[11],[33]	14,941,000	[2],[3],[36]
Fair Value		$ 14,550,000	[11],[33]	$ 13,950,000	[2],[3],[36]
Percentage of Net Assets		0.20%	[11],[33]	0.20%	[2],[3],[36]
Investment, Identifier [Axis]: Denali BuyerCo, LLC (dba Summit Companies), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14],[17],[34]			5.75%
Par / Units	[2],[3],[14],[17],[34]			$ 8,229,000
Amortized Cost	[2],[3],[14],[17],[34]			8,122,000
Fair Value	[2],[3],[14],[17],[34]			$ 8,147,000
Percentage of Net Assets	[2],[3],[14],[17],[34]			0.10%
Investment, Identifier [Axis]: Denali BuyerCo, LLC (dba Summit Companies), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[38]	5.75%	[2],[3],[14]
Par / Units		$ 53,019,000	[11],[38]	$ 43,339,000	[2],[3],[14]
Amortized Cost		52,402,000	[11],[38]	42,786,000	[2],[3],[14]
Fair Value		$ 52,753,000	[11],[38]	$ 42,905,000	[2],[3],[14]
Percentage of Net Assets		0.90%	[11],[38]	0.70%	[2],[3],[14]
Investment, Identifier [Axis]: Denali BuyerCo, LLC (dba Summit Companies), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.75%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(21,000)	[11],[15],[28]	(24,000)	[2],[3],[17],[37]
Fair Value		$ (15,000)	[11],[15],[28]	$ (30,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Denali Holding, LP (dba Summit Companies), Class A Units
Schedule of Investments [Line Items]
Units (in shares)		337,460	[11],[21],[23]	337,460	[3],[25],[26]
Amortized Cost		$ 3,430,000	[11],[21],[23]	$ 3,431,000	[3],[25],[26]
Fair Value		$ 4,649,000	[11],[21],[23]	$ 4,344,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[11],[21],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: Diagnostic Service Holdings, Inc. (dba Rayus Radiology), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			5.50%
Par / Units	[2],[3],[27]			$ 998,000
Amortized Cost	[2],[3],[27]			998,000
Fair Value	[2],[3],[27]			$ 988,000
Percentage of Net Assets	[2],[3],[27]			0.00%
Investment, Identifier [Axis]: Diagnostic Services Holdings, Inc. (dba Rayus Radiology), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[16]	5.50%
Par / Units	[11],[16]	$ 996,000
Amortized Cost	[11],[16]	996,000
Fair Value	[11],[16]	$ 989,000
Percentage of Net Assets	[11],[16]	0.00%
Investment, Identifier [Axis]: Diamondback Acquisition, Inc. (dba Sphera), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[15],[28],[29]	5.50%	[2],[3],[17],[34],[37]
Par / Units		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		(8,000)	[11],[15],[28],[29]	(9,000)	[2],[3],[17],[34],[37]
Fair Value		$ (5,000)	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[28],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: Diamondback Acquisition, Inc. (dba Sphera), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[16]	5.50%	[2],[3],[27]
Par / Units		$ 4,088,000	[11],[16]	$ 4,109,000	[2],[3],[27]
Amortized Cost		4,023,000	[11],[16]	4,039,000	[2],[3],[27]
Fair Value		$ 4,027,000	[11],[16]	$ 4,068,000	[2],[3],[27]
Percentage of Net Assets		0.10%	[11],[16]	0.10%	[2],[3],[27]
Investment, Identifier [Axis]: Dodge Construction Network Holdings, L.P., Class A-2 Common Units
Schedule of Investments [Line Items]
Units (in shares)	[11],[21],[23]	2,181,629
Amortized Cost	[11],[21],[23]	$ 1,859,000
Fair Value	[11],[21],[23]	$ 1,533,000
Percentage of Net Assets	[11],[21],[23]	0.00%
Investment, Identifier [Axis]: Dodge Construction Network Holdings, L.P., Series A Preferred Units
Schedule of Investments [Line Items]
Interest	[22],[23]	8.25%
Units (in shares)	[11],[23]	0
Amortized Cost	[11],[23]	$ 45,000
Fair Value	[11],[23]	$ 45,000
Percentage of Net Assets	[11],[23]	0.00%
Investment, Identifier [Axis]: Dodge Construction Network Holdings, LP, Class A-2 Common Units
Schedule of Investments [Line Items]
Units (in shares)	[3],[25],[26]			2,181,629
Amortized Cost	[3],[25],[26]			$ 1,859,000
Fair Value	[3],[25],[26]			$ 1,855,000
Percentage of Net Assets	[3],[25],[26]			0.00%
Investment, Identifier [Axis]: Dodge Construction Network Holdings, LP, Series A Preferred Units
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			8.25%
Interest, PIK	[3],[26],[39]			8.25%
Units (in shares)	[3],[26],[39]			0
Amortized Cost	[3],[26],[39]			$ 45,000
Fair Value	[3],[26],[39]			$ 45,000
Percentage of Net Assets	[3],[26],[39]			0.00%
Investment, Identifier [Axis]: Douglas Products and Packaging Company LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[12]	7.00%	[2],[3],[30]
Par / Units		$ 18,594,000	[11],[12]	$ 18,688,000	[2],[3],[30]
Amortized Cost		18,445,000	[11],[12]	18,505,000	[2],[3],[30]
Fair Value		$ 18,501,000	[11],[12]	$ 18,501,000	[2],[3],[30]
Percentage of Net Assets		0.30%	[11],[12]	0.30%	[2],[3],[30]
Investment, Identifier [Axis]: Douglas Products and Packaging Company LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[15],[32]	7.00%	[2],[3],[17],[37]
Par / Units		$ 245,000	[11],[15],[32]	$ 0	[2],[3],[17],[37]
Amortized Cost		226,000	[11],[15],[32]	(24,000)	[2],[3],[17],[37]
Fair Value		$ 232,000	[11],[15],[32]	$ (24,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[32]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: EET Buyer, Inc. (dba e-Emphasys), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	5.25%	[2],[3],[4]
Par / Units		$ 4,489,000	[11],[12]	$ 4,511,000	[2],[3],[4]
Amortized Cost		4,454,000	[11],[12]	4,474,000	[2],[3],[4]
Fair Value		$ 4,489,000	[11],[12]	$ 4,511,000	[2],[3],[4]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[4]
Investment, Identifier [Axis]: EET Buyer, Inc. (dba e-Emphasys), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28]	5.25%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(3,000)	[11],[15],[28]	(4,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Eagle Infrastructure Services, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[12],[20]	7.50%
Par / Units	[12],[20]	$ 87,536,000
Amortized Cost	[12],[20]	85,850,000
Fair Value	[12],[20]	$ 85,785,000
Percentage of Net Assets	[12],[20]	1.40%
Investment, Identifier [Axis]: Eagle Infrastructure Super Holdco LLC, Common Units
Schedule of Investments [Line Items]
Units (in shares)	[20],[21],[22],[23]	576,276
Amortized Cost	[11],[20],[21],[23]	$ 24,058,000
Fair Value	[11],[20],[21],[23]	$ 24,058,000
Percentage of Net Assets	[11],[20],[21],[23]	0.40%
Investment, Identifier [Axis]: Eagle Infrastructure Super Llc
Schedule of Investments [Line Items]
Fair Value		$ 109,843,000		$ 0
Investment, Identifier [Axis]: Elliott Alto Co-Investor Aggregator L.P., LP Interest
Schedule of Investments [Line Items]
Units (in shares)		3,227,000	[13],[21],[22],[23]	3,134,000	[3],[5],[25],[26]
Amortized Cost		$ 3,153,000	[13],[21],[22],[23]	$ 3,144,000	[3],[5],[25],[26]
Fair Value		$ 2,970,000	[13],[21],[22],[23]	$ 3,133,000	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[13],[21],[22],[23]	0.10%	[3],[5],[25],[26]
Investment, Identifier [Axis]: Endries Acquisition, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.25%	[2],[3],[36]
Par / Units		$ 236,381,000	[11],[16]	$ 237,607,000	[2],[3],[36]
Amortized Cost		234,699,000	[11],[16]	235,615,000	[2],[3],[36]
Fair Value		$ 236,381,000	[11],[16]	$ 237,607,000	[2],[3],[36]
Percentage of Net Assets		4.00%	[11],[16]	4.00%	[2],[3],[36]
Investment, Identifier [Axis]: Engage Debtco Limited, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.90%	[11],[12],[13]	5.75%	[2],[3],[5],[36]
Par / Units		$ 1,000,000	[11],[12],[13]	$ 1,000,000	[2],[3],[5],[36]
Amortized Cost		978,000	[11],[12],[13]	976,000	[2],[3],[5],[36]
Fair Value		$ 983,000	[11],[12],[13]	$ 978,000	[2],[3],[5],[36]
Percentage of Net Assets		0.00%	[11],[12],[13]	0.00%	[2],[3],[5],[36]
Investment, Identifier [Axis]: Entertainment Benefits Group, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		4.75%	[11],[16]	4.75%	[2],[3],[30]
Par / Units		$ 858,000	[11],[16]	$ 862,000	[2],[3],[30]
Amortized Cost		851,000	[11],[16]	855,000	[2],[3],[30]
Fair Value		$ 858,000	[11],[16]	$ 862,000	[2],[3],[30]
Percentage of Net Assets		0.00%	[11],[16]	0.00%	[2],[3],[30]
Investment, Identifier [Axis]: Entertainment Benefits Group, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		4.75%	[11],[15],[16]	4.75%	[2],[3],[17],[30]
Par / Units		$ 22,000	[11],[15],[16]	$ 89,000	[2],[3],[17],[30]
Amortized Cost		21,000	[11],[15],[16]	88,000	[2],[3],[17],[30]
Fair Value		$ 22,000	[11],[15],[16]	$ 89,000	[2],[3],[17],[30]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.00%	[2],[3],[17],[30]
Investment, Identifier [Axis]: Evology, LLC, Class B Units
Schedule of Investments [Line Items]
Units (in shares)		451	[11],[21],[23]	451	[3],[25],[26]
Amortized Cost		$ 2,160,000	[11],[21],[23]	$ 2,160,000	[3],[25],[26]
Fair Value		$ 2,974,000	[11],[21],[23]	$ 2,771,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: Evolution BuyerCo, Inc. (dba SIAA), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12]	6.25%	[2],[3],[36]
Par / Units		$ 140,997,000	[11],[12]	$ 141,715,000	[2],[3],[36]
Amortized Cost		139,495,000	[11],[12]	140,083,000	[2],[3],[36]
Fair Value		$ 139,588,000	[11],[12]	$ 139,589,000	[2],[3],[36]
Percentage of Net Assets		2.30%	[11],[12]	2.40%	[2],[3],[36]
Investment, Identifier [Axis]: Evolution BuyerCo, Inc. (dba SIAA), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[15],[28]	6.25%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(97,000)	[11],[15],[28]	(110,000)	[2],[3],[17],[37]
Fair Value		$ (107,000)	[11],[15],[28]	$ (161,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Evolution Parent, LP (dba SIAA), LP Interest
Schedule of Investments [Line Items]
Units (in shares)		42,838	[11],[21],[23]	42,838	[3],[25],[26]
Amortized Cost		$ 4,284,000	[11],[21],[23]	$ 4,284,000	[3],[25],[26]
Fair Value		$ 4,793,000	[11],[21],[23]	$ 4,284,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[11],[21],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: Ex Vivo Parent Inc. (dba OB Hospitalist), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			9.50%
Interest, PIK	[22],[38]	9.75%
Par / Units		$ 62,013,000	[11],[38]	$ 57,810,000	[2],[3],[14]
Amortized Cost		61,065,000	[11],[38]	56,803,000	[2],[3],[14]
Fair Value		$ 60,462,000	[11],[38]	$ 56,509,000	[2],[3],[14]
Percentage of Net Assets		1.00%	[11],[38]	1.00%	[2],[3],[14]
Investment, Identifier [Axis]: FR Arsenal Holdings II Corp. (dba Applied-Cleveland Holdings, Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[27],[55]			9.50%
Interest, PIK	[2],[27],[55]			2.00%
Par / Units	[2],[27],[55]			$ 115,847,000
Amortized Cost	[2],[27],[55]			115,422,000
Fair Value	[2],[27],[55]			$ 103,104,000
Percentage of Net Assets	[2],[27],[55]			1.80%
Investment, Identifier [Axis]: Feradyne Outdoors, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12]	6.25%	[2],[3],[30]
Par / Units		$ 73,911,000	[11],[12]	$ 86,016,000	[2],[3],[30]
Amortized Cost		73,904,000	[11],[12]	85,934,000	[2],[3],[30]
Fair Value		$ 69,846,000	[11],[12]	$ 84,726,000	[2],[3],[30]
Percentage of Net Assets		1.20%	[11],[12]	1.40%	[2],[3],[30]
Investment, Identifier [Axis]: Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)
Schedule of Investments [Line Items]
Fair Value		$ 111,234,000		$ 89,680,000		0
Investment, Identifier [Axis]: Fifth Season Investments LLC, Class A Units
Schedule of Investments [Line Items]
Units (in shares)		28	[11],[20],[23]	28	[1],[3],[25],[26],[56]
Amortized Cost		$ 111,234,000	[11],[20],[23]	$ 89,680,000	[1],[3],[25],[26],[56]
Fair Value		$ 111,234,000	[11],[20],[23]	$ 89,680,000	[1],[3],[25],[26],[56]
Percentage of Net Assets		1.90%	[11],[20],[23]	1.50%	[1],[3],[25],[26],[56]
Investment, Identifier [Axis]: Forescout Technologies, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		9.00%	[11],[15],[28],[29]	8.00%	[2],[3],[17],[34],[37]
Par / Units		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		(185,000)	[11],[15],[28],[29]	(215,000)	[2],[3],[17],[34],[37]
Fair Value		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[28],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: Forescout Technologies, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			9.50%
Interest, PIK		9.35%	[22],[38]	9.50%	[2],[3],[14]
Par / Units		$ 108,635,000	[11],[38]	$ 103,707,000	[2],[3],[14]
Amortized Cost		107,801,000	[11],[38]	102,767,000	[2],[3],[14]
Fair Value		$ 109,178,000	[11],[38]	$ 103,490,000	[2],[3],[14]
Percentage of Net Assets		1.80%	[11],[38]	1.80%	[2],[3],[14]
Investment, Identifier [Axis]: Forescout Technologies, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		8.50%	[11],[15],[28]	8.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(40,000)	[11],[15],[28]	(49,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34]			5.50%
Par / Units	[2],[3],[17],[34]			$ 0
Amortized Cost	[2],[3],[17],[34]			0
Fair Value	[2],[3],[17],[34]			$ 0
Percentage of Net Assets	[2],[3],[17],[34]			0.00%
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12]	5.50%	[2],[3],[14]
Par / Units		$ 4,605,000	[11],[12]	$ 4,616,000	[2],[3],[14]
Amortized Cost		4,532,000	[11],[12]	4,536,000	[2],[3],[14]
Fair Value		$ 4,502,000	[11],[12]	$ 4,489,000	[2],[3],[14]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[14]
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12],[15]	5.50%	[2],[3],[4],[17]
Par / Units		$ 62,000	[11],[12],[15]	$ 62,000	[2],[3],[4],[17]
Amortized Cost		55,000	[11],[12],[15]	54,000	[2],[3],[4],[17]
Fair Value		$ 51,000	[11],[12],[15]	$ 49,000	[2],[3],[4],[17]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[4],[17]
Investment, Identifier [Axis]: Foundation Consumer Brands, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12]	5.50%	[2],[3],[14]
Par / Units		$ 3,340,000	[11],[12]	$ 3,456,000	[2],[3],[14]
Amortized Cost		3,340,000	[11],[12]	3,456,000	[2],[3],[14]
Fair Value		$ 3,340,000	[11],[12]	$ 3,447,000	[2],[3],[14]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[14]
Investment, Identifier [Axis]: Fullsteam Operations, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14],[17],[34]			7.50%
Interest, PIK	[2],[3],[14],[17],[34]			3.00%
Par / Units	[2],[3],[14],[17],[34]			$ 6,121,000
Amortized Cost	[2],[3],[14],[17],[34]			5,940,000
Fair Value	[2],[3],[14],[17],[34]			$ 5,994,000
Percentage of Net Assets	[2],[3],[14],[17],[34]			0.10%
Investment, Identifier [Axis]: Fullsteam Operations, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[12]	7.50%
Interest, PIK	[11],[12]	3.00%
Par / Units	[11],[12]	$ 10,463,000
Amortized Cost	[11],[12]	10,254,000
Fair Value	[11],[12]	$ 10,567,000
Percentage of Net Assets	[11],[12]	0.20%
Investment, Identifier [Axis]: GI Apple Midco LLC (dba Atlas Technical Consultants), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[15],[22],[28],[29]	6.75%
Par / Units	[15],[22],[28],[29]	$ 0
Amortized Cost	[15],[22],[28],[29]	(1,000)
Fair Value	[15],[22],[28],[29]	$ (1,000)
Percentage of Net Assets	[15],[22],[28],[29]	0.00%
Investment, Identifier [Axis]: GI Apple Midco LLC (dba Atlas Technical Consultants), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[16]	6.75%
Par / Units	[11],[16]	$ 730,000
Amortized Cost	[11],[16]	716,000
Fair Value	[11],[16]	$ 715,000
Percentage of Net Assets	[11],[16]	0.00%
Investment, Identifier [Axis]: GI Apple Midco LLC (dba Atlas Technical Consultants), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[15],[16],[22]	6.75%
Par / Units	[15],[16],[22]	$ 32,000
Amortized Cost	[15],[16],[22]	30,000
Fair Value	[15],[16],[22]	$ 29,000
Percentage of Net Assets	[15],[16],[22]	0.00%
Investment, Identifier [Axis]: GI Ranger Intermediate, LLC (dba Rectangle Health), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	6.00%	[2],[3],[36]
Par / Units		$ 4,562,000	[11],[12]	$ 4,585,000	[2],[3],[36]
Amortized Cost		4,489,000	[11],[12]	4,506,000	[2],[3],[36]
Fair Value		$ 4,482,000	[11],[12]	$ 4,471,000	[2],[3],[36]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[36]
Investment, Identifier [Axis]: GI Ranger Intermediate, LLC (dba Rectangle Health), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12],[15]	6.00%	[2],[3],[17],[36]
Par / Units		$ 147,000	[11],[12],[15]	$ 37,000	[2],[3],[17],[36]
Amortized Cost		142,000	[11],[12],[15]	31,000	[2],[3],[17],[36]
Fair Value		$ 141,000	[11],[12],[15]	$ 28,000	[2],[3],[17],[36]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[36]
Investment, Identifier [Axis]: Gainsight, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			6.75%
Interest, PIK		6.75%	[22],[38]	6.75%	[2],[3],[14]
Par / Units		$ 22,438,000	[11],[38]	$ 21,222,000	[2],[3],[14]
Amortized Cost		22,191,000	[11],[38]	20,951,000	[2],[3],[14]
Fair Value		$ 22,214,000	[11],[38]	$ 20,902,000	[2],[3],[14]
Percentage of Net Assets		0.40%	[11],[38]	0.40%	[2],[3],[14]
Investment, Identifier [Axis]: Gainsight, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[15],[16]	6.25%	[2],[3],[17],[37]
Par / Units		$ 2,398,000	[11],[15],[16]	$ 0	[2],[3],[17],[37]
Amortized Cost		2,358,000	[11],[15],[16]	(45,000)	[2],[3],[17],[37]
Fair Value		$ 2,364,000	[11],[15],[16]	$ (50,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Galls, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.75%	[12],[22]	6.75%	[2],[3],[14]
Interest, PIK		0.50%	[12],[22]	0.50%	[2],[3],[14]
Par / Units		$ 112,291,000	[11],[12]	$ 112,582,000	[2],[3],[14]
Amortized Cost		111,808,000	[11],[12]	111,958,000	[2],[3],[14]
Fair Value		$ 111,449,000	[11],[12]	$ 110,331,000	[2],[3],[14]
Percentage of Net Assets		1.90%	[11],[12]	1.90%	[2],[3],[14]
Investment, Identifier [Axis]: Galls, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[12],[15]	6.75%	[2],[3],[14],[17]
Par / Units		$ 14,633,000	[11],[12],[15]	$ 15,232,000	[2],[3],[14],[17]
Amortized Cost		14,496,000	[11],[12],[15]	15,034,000	[2],[3],[14],[17]
Fair Value		$ 14,389,000	[11],[12],[15]	$ 14,583,000	[2],[3],[14],[17]
Percentage of Net Assets		0.20%	[11],[12],[15]	0.20%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Gaylord Chemical Company, L.L.C., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12]	6.50%	[2],[3],[14]
Par / Units		$ 137,136,000	[11],[12]	$ 151,107,000	[2],[3],[14]
Amortized Cost		136,201,000	[11],[12]	149,966,000	[2],[3],[14]
Fair Value		$ 137,136,000	[11],[12]	$ 151,106,000	[2],[3],[14]
Percentage of Net Assets		2.30%	[11],[12]	2.60%	[2],[3],[14]
Investment, Identifier [Axis]: Gaylord Chemical Company, L.L.C., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[15],[28]	6.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(73,000)	[11],[15],[28]	(86,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Genesis Acquisition Co. (dba Procare Software), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[12]	3.75%	[2],[3],[4]
Par / Units		$ 17,848,000	[11],[12]	$ 17,942,000	[2],[3],[4]
Amortized Cost		17,776,000	[11],[12]	17,838,000	[2],[3],[4]
Fair Value		$ 17,804,000	[11],[12]	$ 17,583,000	[2],[3],[4]
Percentage of Net Assets		0.30%	[11],[12]	0.30%	[2],[3],[4]
Investment, Identifier [Axis]: Genesis Acquisition Co. (dba Procare Software), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[12]	3.75%	[2],[3],[4]
Par / Units		$ 2,637,000	[11],[12]	$ 2,637,000	[2],[3],[4]
Amortized Cost		2,627,000	[11],[12]	2,623,000	[2],[3],[4]
Fair Value		$ 2,630,000	[11],[12]	$ 2,584,000	[2],[3],[4]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[4]
Investment, Identifier [Axis]: Gerson Lehrman Group, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[12]	5.25%	[2],[3],[27]
Par / Units		$ 120,990,000	[11],[12]	$ 121,623,000	[2],[3],[27]
Amortized Cost		120,659,000	[11],[12]	121,184,000	[2],[3],[27]
Fair Value		$ 120,990,000	[11],[12]	$ 121,623,000	[2],[3],[27]
Percentage of Net Assets		2.00%	[11],[12]	2.10%	[2],[3],[27]
Investment, Identifier [Axis]: Gerson Lehrman Group, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[15],[16]	5.25%	[2],[3],[17],[37]
Par / Units		$ 10,782,000	[11],[15],[16]	$ 0	[2],[3],[17],[37]
Amortized Cost		10,730,000	[11],[15],[16]	(69,000)	[2],[3],[17],[37]
Fair Value		$ 10,782,000	[11],[15],[16]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.20%	[11],[15],[16]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Global Music Rights, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.50%	[2],[3],[14]
Par / Units		$ 7,388,000	[11],[12]	$ 7,425,000	[2],[3],[14]
Amortized Cost		7,270,000	[11],[12]	7,300,000	[2],[3],[14]
Fair Value		$ 7,388,000	[11],[12]	$ 7,425,000	[2],[3],[14]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[14]
Investment, Identifier [Axis]: Global Music Rights, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(9,000)	[11],[15],[28]	(10,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Gloves Buyer, Inc. (dba Protective Industrial Products), Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		8.25%	[11],[16]	8.25%	[2],[3],[27]
Par / Units		$ 29,250,000	[11],[16]	$ 29,250,000	[2],[3],[27]
Amortized Cost		28,687,000	[11],[16]	28,653,000	[2],[3],[27]
Fair Value		$ 28,811,000	[11],[16]	$ 28,811,000	[2],[3],[27]
Percentage of Net Assets		0.50%	[11],[16]	0.50%	[2],[3],[27]
Investment, Identifier [Axis]: Gloves Holdings, LP (dba Protective Industrial Products), LP Interest
Schedule of Investments [Line Items]
Units (in shares)		325	[21],[22],[23]	32,500	[3],[25],[26]
Amortized Cost		$ 3,250,000	[21],[22],[23]	$ 3,250,000	[3],[25],[26]
Fair Value		$ 3,851,000	[21],[22],[23]	$ 3,848,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[21],[22],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: GoHealth, Inc., Common stock
Schedule of Investments [Line Items]
Units (in shares)		68,125	[11],[21],[50]	68,125	[3],[25],[51]
Amortized Cost		$ 5,234,000	[11],[21],[50]	$ 5,232,000	[3],[25],[51]
Fair Value		$ 1,343,000	[11],[21],[50]	$ 712,000	[3],[25],[51]
Percentage of Net Assets		0.00%	[11],[21],[50]	0.00%	[3],[25],[51]
Investment, Identifier [Axis]: GovBrands Intermediate, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14],[17],[34]			5.50%
Par / Units	[2],[3],[14],[17],[34]			$ 2,380,000
Amortized Cost	[2],[3],[14],[17],[34]			2,322,000
Fair Value	[2],[3],[14],[17],[34]			$ 2,237,000
Percentage of Net Assets	[2],[3],[14],[17],[34]			0.00%
Investment, Identifier [Axis]: GovBrands Intermediate, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			5.50%
Par / Units	[2],[3],[14]			$ 10,551,000
Amortized Cost	[2],[3],[14]			10,339,000
Fair Value	[2],[3],[14]			$ 10,076,000
Percentage of Net Assets	[2],[3],[14]			0.20%
Investment, Identifier [Axis]: GovBrands Intermediate, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14],[17]			5.50%
Par / Units	[2],[3],[14],[17]			$ 714,000
Amortized Cost	[2],[3],[14],[17]			699,000
Fair Value	[2],[3],[14],[17]			$ 678,000
Percentage of Net Assets	[2],[3],[14],[17]			0.00%
Investment, Identifier [Axis]: Granicus, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27],[34]			6.00%
Par / Units	[2],[3],[27],[34]			$ 2,530,000
Amortized Cost	[2],[3],[27],[34]			2,491,000
Fair Value	[2],[3],[27],[34]			$ 2,467,000
Percentage of Net Assets	[2],[3],[27],[34]			0.00%
Investment, Identifier [Axis]: Granicus, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12]	5.50%	[2],[3],[27]
Par / Units		$ 15,890,000	[11],[12]	$ 13,394,000	[2],[3],[27]
Amortized Cost		15,646,000	[11],[12]	13,158,000	[2],[3],[27]
Fair Value		$ 15,612,000	[11],[12]	$ 13,059,000	[2],[3],[27]
Percentage of Net Assets		0.30%	[11],[12]	0.20%	[2],[3],[27]
Investment, Identifier [Axis]: Granicus, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12],[15]	6.50%	[2],[3],[17],[27]
Par / Units		$ 368,000	[11],[12],[15]	$ 398,000	[2],[3],[17],[27]
Amortized Cost		351,000	[11],[12],[15]	379,000	[2],[3],[17],[27]
Fair Value		$ 347,000	[11],[12],[15]	$ 369,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: GrowthCurve Capital Sunrise Co-Invest LP (dba Brightway), LP Interest
Schedule of Investments [Line Items]
Units (in shares)		638,000	[11],[21],[23]	638,000	[3],[25],[26]
Amortized Cost		$ 638,000	[11],[21],[23]	$ 638,000	[3],[25],[26]
Fair Value		$ 612,000	[11],[21],[23]	$ 632,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: Guidehouse Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.25%	[2],[3],[27]
Par / Units		$ 4,579,000	[11],[16]	$ 4,603,000	[2],[3],[27]
Amortized Cost		4,543,000	[11],[16]	4,563,000	[2],[3],[27]
Fair Value		$ 4,557,000	[11],[16]	$ 4,557,000	[2],[3],[27]
Percentage of Net Assets		0.10%	[11],[16]	0.10%	[2],[3],[27]
Investment, Identifier [Axis]: H&F Opportunities LUX III S.À R.L (dba Checkmarx), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.50%	[11],[13],[16]	7.50%	[2],[3],[5],[27]
Par / Units		$ 51,567,000	[11],[13],[16]	$ 51,567,000	[2],[3],[5],[27]
Amortized Cost		50,744,000	[11],[13],[16]	50,623,000	[2],[3],[5],[27]
Fair Value		$ 51,567,000	[11],[13],[16]	$ 51,567,000	[2],[3],[5],[27]
Percentage of Net Assets		0.90%	[11],[13],[16]	0.90%	[2],[3],[5],[27]
Investment, Identifier [Axis]: H&F Opportunities LUX III S.À R.L (dba Checkmarx), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.50%	[11],[13],[15],[28]	7.50%	[2],[3],[5],[17],[37]
Par / Units		$ 0	[11],[13],[15],[28]	$ 0	[2],[3],[5],[17],[37]
Amortized Cost		(227,000)	[11],[13],[15],[28]	(267,000)	[2],[3],[5],[17],[37]
Fair Value		$ 0	[11],[13],[15],[28]	$ 0	[2],[3],[5],[17],[37]
Percentage of Net Assets		0.00%	[11],[13],[15],[28]	0.00%	[2],[3],[5],[17],[37]
Investment, Identifier [Axis]: H-Food Holdings, LLC, LLC interest
Schedule of Investments [Line Items]
Units (in shares)		1,088,000	[11],[21],[23]	10,875,000	[3],[25],[26]
Amortized Cost		$ 10,874,000	[11],[21],[23]	$ 10,874,000	[3],[25],[26]
Fair Value		$ 8,008,000	[11],[21],[23]	$ 9,337,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[11],[21],[23]	0.20%	[3],[25],[26]
Investment, Identifier [Axis]: H-Food Holdings, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[38]	7.00%	[2],[3],[27]
Par / Units		$ 121,800,000	[11],[38]	$ 121,800,000	[2],[3],[27]
Amortized Cost		120,517,000	[11],[38]	120,316,000	[2],[3],[27]
Fair Value		$ 95,613,000	[11],[38]	$ 105,053,000	[2],[3],[27]
Percentage of Net Assets		1.60%	[11],[38]	1.80%	[2],[3],[27]
Investment, Identifier [Axis]: HGH Purchaser, Inc. (dba Horizon Services), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[30]			6.50%
Par / Units	[2],[3],[17],[30]			$ 38,681,000
Amortized Cost	[2],[3],[17],[30]			38,407,000
Fair Value	[2],[3],[17],[30]			$ 38,284,000
Percentage of Net Assets	[2],[3],[17],[30]			0.70%
Investment, Identifier [Axis]: HGH Purchaser, Inc. (dba Horizon Services), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	6.50%	[2],[3],[30]
Par / Units		$ 188,658,000	[11],[12]	$ 147,121,000	[2],[3],[30]
Amortized Cost		187,354,000	[11],[12]	145,874,000	[2],[3],[30]
Fair Value		$ 187,715,000	[11],[12]	$ 145,650,000	[2],[3],[30]
Percentage of Net Assets		3.20%	[11],[12]	2.50%	[2],[3],[30]
Investment, Identifier [Axis]: HGH Purchaser, Inc. (dba Horizon Services), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12],[15]	6.50%	[2],[3],[17],[30]
Par / Units		$ 16,383,000	[11],[12],[15]	$ 10,028,000	[2],[3],[17],[30]
Amortized Cost		16,282,000	[11],[12],[15]	9,906,000	[2],[3],[17],[30]
Fair Value		$ 16,300,000	[11],[12],[15]	$ 9,863,000	[2],[3],[17],[30]
Percentage of Net Assets		0.30%	[11],[12],[15]	0.20%	[2],[3],[17],[30]
Investment, Identifier [Axis]: Helix Acquisition Holdings, Inc. (dba MW Industries), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[12]	7.00%
Par / Units	[11],[12]	$ 1,000,000
Amortized Cost	[11],[12]	971,000
Fair Value	[11],[12]	$ 973,000
Percentage of Net Assets	[11],[12]	0.00%
Investment, Identifier [Axis]: Hercules Borrower, LLC (dba The Vincit Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12]	6.50%	[2],[3],[14]
Par / Units		$ 175,992,000	[11],[12]	$ 176,892,000	[2],[3],[14]
Amortized Cost		174,313,000	[11],[12]	175,005,000	[2],[3],[14]
Fair Value		$ 175,992,000	[11],[12]	$ 176,447,000	[2],[3],[14]
Percentage of Net Assets		3.00%	[11],[12]	3.00%	[2],[3],[14]
Investment, Identifier [Axis]: Hercules Borrower, LLC (dba The Vincit Group), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12],[15]	6.50%	[2],[3],[4],[17]
Par / Units		$ 2,231,000	[11],[12],[15]	$ 2,231,000	[2],[3],[4],[17]
Amortized Cost		2,050,000	[11],[12],[15]	2,024,000	[2],[3],[4],[17]
Fair Value		$ 2,231,000	[11],[12],[15]	$ 2,179,000	[2],[3],[4],[17]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[4],[17]
Investment, Identifier [Axis]: Hercules Buyer, LLC (dba The Vincit Group), Common Units
Schedule of Investments [Line Items]
Units (in shares)		2,190,000	[11],[21],[23],[57]	2,190,000	[3],[25],[26],[58]
Amortized Cost		$ 2,192,000	[11],[21],[23],[57]	$ 2,192,000	[3],[25],[26],[58]
Fair Value		$ 2,452,000	[11],[21],[23],[57]	$ 2,302,000	[3],[25],[26],[58]
Percentage of Net Assets		0.00%	[11],[21],[23],[57]	0.00%	[3],[25],[26],[58]
Investment, Identifier [Axis]: Hercules Buyer, LLC (dba The Vincit Group), Unsecured notes
Schedule of Investments [Line Items]
Interest	[3],[39],[58]			0.48%
Interest, PIK		0.48%	[11],[40],[57]	0.48%	[3],[39],[58]
Par / Units		$ 5,160,000	[11],[40],[57]	$ 5,160,000	[3],[39],[58]
Amortized Cost		5,160,000	[11],[40],[57]	5,160,000	[3],[39],[58]
Fair Value		$ 5,772,000	[11],[40],[57]	$ 5,160,000	[3],[39],[58]
Percentage of Net Assets		0.10%	[11],[40],[57]	0.10%	[3],[39],[58]
Investment, Identifier [Axis]: Hg Genesis 8 Sumoco Limited, Unsecured facility
Schedule of Investments [Line Items]
Interest	[2],[3],[5],[47]			6.00%
Interest, PIK		6.00%	[11],[13],[46]	6.00%	[2],[3],[5],[47]
Par / Units		$ 50,034,000	[11],[13],[46]	$ 45,071,000	[2],[3],[5],[47]
Amortized Cost		51,535,000	[11],[13],[46]	49,137,000	[2],[3],[5],[47]
Fair Value		$ 50,034,000	[11],[13],[46]	$ 45,071,000	[2],[3],[5],[47]
Percentage of Net Assets		0.80%	[11],[13],[46]	0.80%	[2],[3],[5],[47]
Investment, Identifier [Axis]: Hg Genesis 9 SumoCo Limited, Unsecured facility
Schedule of Investments [Line Items]
Interest	[2],[3],[5],[45]			7.00%
Interest, PIK		7.00%	[13],[22],[59]	7.00%	[2],[3],[5],[45]
Par / Units		$ 50,295,000	[11],[13],[59]	$ 46,914,000	[2],[3],[5],[45]
Amortized Cost		50,471,000	[11],[13],[59]	48,136,000	[2],[3],[5],[45]
Fair Value		$ 50,295,000	[11],[13],[59]	$ 46,914,000	[2],[3],[5],[45]
Percentage of Net Assets		0.80%	[11],[13],[59]	0.80%	[2],[3],[5],[45]
Investment, Identifier [Axis]: Hg Saturn Luchaco Limited, Unsecured facility
Schedule of Investments [Line Items]
Interest	[2],[3],[5],[47]			7.50%
Interest, PIK		7.50%	[13],[22],[46]	7.50%	[2],[3],[5],[47]
Par / Units		$ 133,770,000	[11],[13],[46]	$ 120,209,000	[2],[3],[5],[47]
Amortized Cost		142,451,000	[11],[13],[46]	135,817,000	[2],[3],[5],[47]
Fair Value		$ 132,432,000	[11],[13],[46]	$ 118,706,000	[2],[3],[5],[47]
Percentage of Net Assets		2.20%	[11],[13],[46]	2.00%	[2],[3],[5],[47]
Investment, Identifier [Axis]: Hissho Sushi Holdings, LLC, Class A units
Schedule of Investments [Line Items]
Units (in shares)		7,502	[11],[21],[23]	7,502	[3],[25],[26]
Amortized Cost		$ 75,000	[11],[21],[23]	$ 75,000	[3],[25],[26]
Fair Value		$ 91,000	[11],[21],[23]	$ 83,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: Hissho Sushi Merger Sub LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12]	5.75%	[2],[3],[36]
Par / Units		$ 897,000	[11],[12]	$ 901,000	[2],[3],[36]
Amortized Cost		889,000	[11],[12]	893,000	[2],[3],[36]
Fair Value		$ 897,000	[11],[12]	$ 899,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: Hissho Sushi Merger Sub LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12],[15]	5.75%	[2],[3],[17],[36]
Par / Units		$ 5,000	[11],[12],[15]	$ 14,000	[2],[3],[17],[36]
Amortized Cost		4,000	[11],[12],[15]	13,000	[2],[3],[17],[36]
Fair Value		$ 5,000	[11],[12],[15]	$ 14,000	[2],[3],[17],[36]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[36]
Investment, Identifier [Axis]: Hometown Food Company, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[48]	5.00%	[2],[3],[27]
Par / Units		$ 12,064,000	[11],[48]	$ 14,560,000	[2],[3],[27]
Amortized Cost		12,055,000	[11],[48]	14,516,000	[2],[3],[27]
Fair Value		$ 12,064,000	[11],[48]	$ 14,560,000	[2],[3],[27]
Percentage of Net Assets		0.20%	[11],[48]	0.20%	[2],[3],[27]
Investment, Identifier [Axis]: Hometown Food Company, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[15],[28]	5.00%	[2],[3],[17],[27]
Par / Units		$ 0	[11],[15],[28]	$ 847,000	[2],[3],[17],[27]
Amortized Cost		(3,000)	[11],[15],[28]	836,000	[2],[3],[17],[27]
Fair Value		$ 0	[11],[15],[28]	$ 847,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: Hyland Software, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[41],[48]	6.25%	[2],[3],[27]
Par / Units		$ 15,482,000	[11],[41],[48]	$ 15,482,000	[2],[3],[27]
Amortized Cost		15,474,000	[11],[41],[48]	15,472,000	[2],[3],[27]
Fair Value		$ 14,824,000	[11],[41],[48]	$ 14,630,000	[2],[3],[27]
Percentage of Net Assets		0.20%	[11],[41],[48]	0.20%	[2],[3],[27]
Investment, Identifier [Axis]: IG Investments Holdings, LLC (dba Insight Global), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12]	6.00%	[2],[3],[27]
Par / Units		$ 50,133,000	[11],[12]	$ 50,388,000	[2],[3],[27]
Amortized Cost		49,335,000	[11],[12]	49,519,000	[2],[3],[27]
Fair Value		$ 49,757,000	[11],[12]	$ 49,758,000	[2],[3],[27]
Percentage of Net Assets		0.80%	[11],[12]	0.80%	[2],[3],[27]
Investment, Identifier [Axis]: IG Investments Holdings, LLC (dba Insight Global), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[15],[28]	6.00%	[2],[3],[17],[27]
Par / Units		$ 0	[11],[15],[28]	$ 1,590,000	[2],[3],[17],[27]
Amortized Cost		(56,000)	[11],[15],[28]	1,527,000	[2],[3],[17],[27]
Fair Value		$ (30,000)	[11],[15],[28]	$ 1,540,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: Ideal Image Development, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34],[37]			6.50%
Par / Units	[2],[3],[17],[34],[37]			$ 0
Amortized Cost	[2],[3],[17],[34],[37]			(7,000)
Fair Value	[2],[3],[17],[34],[37]			$ (4,000)
Percentage of Net Assets	[2],[3],[17],[34],[37]			0.00%
Investment, Identifier [Axis]: Ideal Image Development, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[16]	6.50%	[2],[3],[30]
Par / Units		$ 11,620,000	[11],[16]	$ 11,678,000	[2],[3],[30]
Amortized Cost		11,418,000	[11],[16]	11,457,000	[2],[3],[30]
Fair Value		$ 10,632,000	[11],[16]	$ 11,474,000	[2],[3],[30]
Percentage of Net Assets		0.20%	[11],[16]	0.20%	[2],[3],[30]
Investment, Identifier [Axis]: Ideal Image Development, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[16]	6.50%	[2],[3],[17],[37]
Par / Units		$ 1,829,000	[11],[16]	$ 0	[2],[3],[17],[37]
Amortized Cost		1,799,000	[11],[16]	(34,000)	[2],[3],[17],[37]
Fair Value		$ 1,674,000	[11],[16]	$ (32,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[16]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Ideal Tridon Holdings, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[33]	5.25%	[2],[3],[14]
Par / Units		$ 27,370,000	[11],[33]	$ 52,697,000	[2],[3],[14]
Amortized Cost		26,579,000	[11],[33]	52,448,000	[2],[3],[14]
Fair Value		$ 26,549,000	[11],[33]	$ 52,697,000	[2],[3],[14]
Percentage of Net Assets		0.40%	[11],[33]	0.90%	[2],[3],[14]
Investment, Identifier [Axis]: Ideal Tridon Holdings, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[15],[16]	5.25%	[2],[3],[17],[27]
Par / Units		$ 732,000	[11],[15],[16]	$ 3,191,000	[2],[3],[17],[27]
Amortized Cost		659,000	[11],[15],[16]	3,191,000	[2],[3],[17],[27]
Fair Value		$ 655,000	[11],[15],[16]	$ 3,191,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.10%	[2],[3],[17],[27]
Investment, Identifier [Axis]: Imprivata, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.25%	[2],[3],[30]
Par / Units		$ 882,000	[11],[16]	$ 882,000	[2],[3],[30]
Amortized Cost		874,000	[11],[16]	874,000	[2],[3],[30]
Fair Value		$ 869,000	[11],[16]	$ 860,000	[2],[3],[30]
Percentage of Net Assets		0.00%	[11],[16]	0.00%	[2],[3],[30]
Investment, Identifier [Axis]: Indigo Buyer, Inc. (dba Inovar Packaging Group), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34]			5.75%
Par / Units	[2],[3],[17],[34]			$ 0
Amortized Cost	[2],[3],[17],[34]			0
Fair Value	[2],[3],[17],[34]			$ 0
Percentage of Net Assets	[2],[3],[17],[34]			0.00%
Investment, Identifier [Axis]: Indigo Buyer, Inc. (dba Inovar Packaging Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12]	5.75%	[2],[3],[36]
Par / Units		$ 893,000	[11],[12]	$ 647,000	[2],[3],[36]
Amortized Cost		884,000	[11],[12]	641,000	[2],[3],[36]
Fair Value		$ 893,000	[11],[12]	$ 647,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: Indigo Buyer, Inc. (dba Inovar Packaging Group), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12],[15]	5.75%	[2],[3],[17],[36]
Par / Units		$ 17,000	[11],[12],[15]	$ 17,000	[2],[3],[17],[36]
Amortized Cost		16,000	[11],[12],[15]	16,000	[2],[3],[17],[36]
Fair Value		$ 17,000	[11],[12],[15]	$ 17,000	[2],[3],[17],[36]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[36]
Investment, Identifier [Axis]: Innovation Ventures HoldCo, LLC (dba 5 Hour Energy), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.25%	[2],[3],[30]
Par / Units		$ 125,000,000	[11],[16]	$ 125,000,000	[2],[3],[30]
Amortized Cost		123,173,000	[11],[16]	122,950,000	[2],[3],[30]
Fair Value		$ 122,814,000	[11],[16]	$ 122,500,000	[2],[3],[30]
Percentage of Net Assets		2.10%	[11],[16]	2.10%	[2],[3],[30]
Investment, Identifier [Axis]: Inovalon Holdings, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34],[37]			5.75%
Par / Units	[2],[3],[17],[34],[37]			$ 0
Amortized Cost	[2],[3],[17],[34],[37]			(200,000)
Fair Value	[2],[3],[17],[34],[37]			$ (237,000)
Percentage of Net Assets	[2],[3],[17],[34],[37]			0.00%
Investment, Identifier [Axis]: Inovalon Holdings, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			6.25%
Interest, PIK	[2],[3],[14]			2.75%
Par / Units	[2],[3],[14]			$ 182,751,000
Amortized Cost	[2],[3],[14]			178,889,000
Fair Value	[2],[3],[14]			$ 178,182,000
Percentage of Net Assets	[2],[3],[14]			3.00%
Investment, Identifier [Axis]: Inovalon Holdings, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			10.50%
Interest, PIK	[2],[3],[14]			10.50%
Par / Units	[2],[3],[14]			$ 95,535,000
Amortized Cost	[2],[3],[14]			93,916,000
Fair Value	[2],[3],[14]			$ 94,102,000
Percentage of Net Assets	[2],[3],[14]			1.60%
Investment, Identifier [Axis]: Insight CP (Blocker) Holdings, L.P. (dba CivicPlus, LLC), LP Interest
Schedule of Investments [Line Items]
Units (in shares)		1,230,000	[13],[21],[22],[23]	1,230,000	[3],[5],[25],[26]
Amortized Cost		$ 1,230,000	[13],[21],[22],[23]	$ 1,230,000	[3],[5],[25],[26]
Fair Value		$ 1,230,000	[13],[21],[22],[23]	$ 1,230,000	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[13],[21],[22],[23]	0.00%	[3],[5],[25],[26]
Investment, Identifier [Axis]: Integrity Marketing Acquisition, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.80%	[11],[12]	5.80%	[2],[3],[4]
Par / Units		$ 215,526,000	[11],[12]	$ 216,642,000	[2],[3],[4]
Amortized Cost		214,067,000	[11],[12]	214,862,000	[2],[3],[4]
Fair Value		$ 215,526,000	[11],[12]	$ 216,100,000	[2],[3],[4]
Percentage of Net Assets		3.60%	[11],[12]	3.70%	[2],[3],[4]
Investment, Identifier [Axis]: Integrity Marketing Acquisition, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	6.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(80,000)	[11],[15],[28]	(98,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ (37,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12],[13]	6.50%	[2],[3],[5],[36]
Par / Units		$ 117,198,000	[11],[12],[13]	$ 117,793,000	[2],[3],[5],[36]
Amortized Cost		116,316,000	[11],[12],[13]	116,791,000	[2],[3],[5],[36]
Fair Value		$ 115,733,000	[11],[12],[13]	$ 117,204,000	[2],[3],[5],[36]
Percentage of Net Assets		1.90%	[11],[12],[13]	2.00%	[2],[3],[5],[36]
Investment, Identifier [Axis]: Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12],[13],[15]	6.50%	[2],[3],[5],[30]
Par / Units		$ 3,569,000	[11],[12],[13],[15]	$ 4,590,000	[2],[3],[5],[30]
Amortized Cost		3,491,000	[11],[12],[13],[15]	4,559,000	[2],[3],[5],[30]
Fair Value		$ 3,468,000	[11],[12],[13],[15]	$ 4,567,000	[2],[3],[5],[30]
Percentage of Net Assets		0.10%	[11],[12],[13],[15]	0.10%	[2],[3],[5],[30]
Investment, Identifier [Axis]: Interoperability Bidco, Inc. (dba Lyniate), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[12]	7.00%	[2],[3],[36]
Par / Units		$ 66,120,000	[11],[12]	$ 66,455,000	[2],[3],[36]
Amortized Cost		65,795,000	[11],[12]	66,088,000	[2],[3],[36]
Fair Value		$ 65,459,000	[11],[12]	$ 65,957,000	[2],[3],[36]
Percentage of Net Assets		1.10%	[11],[12]	1.10%	[2],[3],[36]
Investment, Identifier [Axis]: Interoperability Bidco, Inc. (dba Lyniate), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[12],[15]	7.00%	[2],[3],[17],[36]
Par / Units		$ 1,580,000	[11],[12],[15]	$ 1,522,000	[2],[3],[17],[36]
Amortized Cost		1,542,000	[11],[12],[15]	1,509,000	[2],[3],[17],[36]
Fair Value		$ 1,527,000	[11],[12],[15]	$ 1,499,000	[2],[3],[17],[36]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[36]
Investment, Identifier [Axis]: KOBHG Holdings, L.P. (dba OB Hospitalist), Class A Interests
Schedule of Investments [Line Items]
Units (in shares)		6,670,000	[11],[21],[23]	6,670,000	[3],[25],[26]
Amortized Cost		$ 6,670,000	[11],[21],[23]	$ 6,670,000	[3],[25],[26]
Fair Value		$ 6,196,000	[11],[21],[23]	$ 6,196,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[11],[21],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: KPCI Holdings, L.P., Class A Units
Schedule of Investments [Line Items]
Units (in shares)		32,285,000	[11],[21],[23]	30,425,000	[3],[25],[26]
Amortized Cost		$ 32,285,000	[11],[21],[23]	$ 32,284,000	[3],[25],[26]
Fair Value		$ 35,112,000	[11],[21],[23]	$ 34,497,000	[3],[25],[26]
Percentage of Net Assets		0.60%	[11],[21],[23]	0.60%	[3],[25],[26]
Investment, Identifier [Axis]: KPSKY Acquisition, Inc. (dba BluSky), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12]	5.50%	[2],[3],[27]
Par / Units		$ 4,914,000	[11],[12]	$ 4,941,000	[2],[3],[27]
Amortized Cost		4,835,000	[11],[12]	4,856,000	[2],[3],[27]
Fair Value		$ 4,841,000	[11],[12]	$ 4,817,000	[2],[3],[27]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[27]
Investment, Identifier [Axis]: KUSRP Intermediate, Inc. (dba U.S. Retirement and Benefits Partners), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[4]			9.50%
Interest, PIK		10.50%	[16],[22]	9.50%	[2],[3],[4]
Par / Units		$ 33,150,000	[11],[16]	$ 34,918,000	[2],[3],[4]
Amortized Cost		32,746,000	[11],[16]	34,399,000	[2],[3],[4]
Fair Value		$ 32,984,000	[11],[16]	$ 34,482,000	[2],[3],[4]
Percentage of Net Assets		0.60%	[11],[16]	0.60%	[2],[3],[4]
Investment, Identifier [Axis]: Kaseya Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[15],[16],[29]	5.75%	[2],[3],[17],[34],[37]
Interest, PIK	[11],[15],[16],[29]	2.50%
Par / Units		$ 69,000	[11],[15],[16],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		59,000	[11],[15],[16],[29]	(10,000)	[2],[3],[17],[34],[37]
Fair Value		$ 69,000	[11],[15],[16],[29]	$ 0	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[16],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: Kaseya Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	5.75%	[2],[3],[36]
Interest, PIK	[11],[16]	2.50%
Par / Units		$ 18,732,000	[11],[16]	$ 18,732,000	[2],[3],[36]
Amortized Cost		18,398,000	[11],[16]	18,377,000	[2],[3],[36]
Fair Value		$ 18,685,000	[11],[16]	$ 18,544,000	[2],[3],[36]
Percentage of Net Assets		0.30%	[11],[16]	0.30%	[2],[3],[36]
Investment, Identifier [Axis]: Kaseya Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[15],[16]	5.75%	[2],[3],[17],[37]
Interest, PIK	[11],[15],[16]	2.50%
Par / Units		$ 283,000	[11],[15],[16]	$ 0	[2],[3],[17],[37]
Amortized Cost		264,000	[11],[15],[16]	(21,000)	[2],[3],[17],[37]
Fair Value		$ 281,000	[11],[15],[16]	$ (11,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Knockout Intermediate Holdings I Inc. (dba Kaseya Inc.), Perpetual Preferred Stock
Schedule of Investments [Line Items]
Interest, PIK	[22],[23],[40]	11.75%
Units (in shares)	[11],[23],[40]	15,727,000
Amortized Cost	[11],[23],[40]	$ 15,412,000
Fair Value	[11],[23],[40]	$ 15,688,000
Percentage of Net Assets	[11],[23],[40]	0.30%
Investment, Identifier [Axis]: Knockout Intermediate Holdings I Inc. (dba Kaseya), Perpetual Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			11.75%
Interest, PIK	[3],[26],[39]			11.75%
Units (in shares)	[3],[26],[39]			14,000,000
Amortized Cost	[3],[26],[39]			$ 13,667,000
Fair Value	[3],[26],[39]			$ 13,825,000
Percentage of Net Assets	[3],[26],[39]			0.20%
Investment, Identifier [Axis]: LSI Financing 1 DAC
Schedule of Investments [Line Items]
Fair Value		$ 19,626,000		$ 6,175,000
Investment, Identifier [Axis]: LSI Financing 1 DAC, Preferred equity
Schedule of Investments [Line Items]
Units (in shares)		6,174,611	[11],[13],[23],[60]	6,174,611	[3],[5],[24],[25],[26]
Amortized Cost		$ 19,680,000	[11],[13],[23],[60]	$ 6,224,000	[3],[5],[24],[25],[26]
Fair Value		$ 19,626,000	[11],[13],[23],[60]	$ 6,175,000	[3],[5],[24],[25],[26]
Percentage of Net Assets		0.30%	[11],[13],[23],[60]	0.10%	[3],[5],[24],[25],[26]
Investment, Identifier [Axis]: Lazer Spot Holdings, Inc. (f/k/a Lazer Spot GB Holdings, Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[4]			5.75%
Par / Units	[2],[3],[4]			$ 142,598,000
Amortized Cost	[2],[3],[4]			141,262,000
Fair Value	[2],[3],[4]			$ 142,598,000
Percentage of Net Assets	[2],[3],[4]			2.40%
Investment, Identifier [Axis]: Lazer Spot Holdings, Inc. (f/k/a Lazer Spot GB Holdings, Inc.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[37]			5.75%
Par / Units	[2],[3],[17],[37]			$ 0
Amortized Cost	[2],[3],[17],[37]			(227,000)
Fair Value	[2],[3],[17],[37]			$ 0
Percentage of Net Assets	[2],[3],[17],[37]			0.00%
Investment, Identifier [Axis]: Learning Care Group (US) No. 2 Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.50%	[11],[38],[41]	7.50%	[2],[3],[14]
Par / Units		$ 26,967,000	[11],[38],[41]	$ 26,967,000	[2],[3],[14]
Amortized Cost		26,758,000	[11],[38],[41]	26,726,000	[2],[3],[14]
Fair Value		$ 26,597,000	[11],[38],[41]	$ 25,822,000	[2],[3],[14]
Percentage of Net Assets		0.40%	[11],[38],[41]	0.40%	[2],[3],[14]
Investment, Identifier [Axis]: Lightbeam Bidco, Inc. (dba Lazer Spot), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[15],[22],[28],[29]	6.25%
Par / Units	[15],[22],[28],[29]	$ 0
Amortized Cost	[15],[22],[28],[29]	(3,000)
Fair Value	[15],[22],[28],[29]	$ 0
Percentage of Net Assets	[15],[22],[28],[29]	0.00%
Investment, Identifier [Axis]: Lightbeam Bidco, Inc. (dba Lazer Spot), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[12]	6.25%
Par / Units	[11],[12]	$ 3,929,000
Amortized Cost	[11],[12]	3,890,000
Fair Value	[11],[12]	$ 3,887,000
Percentage of Net Assets	[11],[12]	0.10%
Investment, Identifier [Axis]: Lightbeam Bidco, Inc. (dba Lazer Spot), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28]	6.25%
Par / Units	[11],[15],[28]	$ 0
Amortized Cost	[11],[15],[28]	(5,000)
Fair Value	[11],[15],[28]	$ (5,000)
Percentage of Net Assets	[11],[15],[28]	0.00%
Investment, Identifier [Axis]: Lignetics Investment Corp., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34],[37]			6.00%
Par / Units	[2],[3],[17],[34],[37]			$ 0
Amortized Cost	[2],[3],[17],[34],[37]			(39,000)
Fair Value	[2],[3],[17],[34],[37]			$ (78,000)
Percentage of Net Assets	[2],[3],[17],[34],[37]			0.00%
Investment, Identifier [Axis]: Lignetics Investment Corp., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12]	6.00%	[2],[3],[14]
Par / Units		$ 34,814,000	[11],[12]	$ 31,059,000	[2],[3],[14]
Amortized Cost		34,480,000	[11],[12]	30,733,000	[2],[3],[14]
Fair Value		$ 34,379,000	[11],[12]	$ 30,438,000	[2],[3],[14]
Percentage of Net Assets		0.60%	[11],[12]	0.50%	[2],[3],[14]
Investment, Identifier [Axis]: Lignetics Investment Corp., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[15],[33]	6.00%	[2],[3],[17],[27]
Par / Units		$ 4,549,000	[11],[15],[33]	$ 2,824,000	[2],[3],[17],[27]
Amortized Cost		4,510,000	[11],[15],[33]	2,778,000	[2],[3],[17],[27]
Fair Value		$ 4,490,000	[11],[15],[33]	$ 2,729,000	[2],[3],[17],[27]
Percentage of Net Assets		0.10%	[11],[15],[33]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: LineStar Integrity Services LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.25%	[22],[33]	7.25%	[2],[3],[4]
Par / Units		$ 52,162,000	[22],[33]	$ 56,897,000	[2],[3],[4]
Amortized Cost		52,279,000	[22],[33]	57,036,000	[2],[3],[4]
Fair Value		$ 49,814,000	[22],[33]	$ 53,768,000	[2],[3],[4]
Percentage of Net Assets		0.80%	[22],[33]	0.90%	[2],[3],[4]
Investment, Identifier [Axis]: Litera Bidco LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[16]	5.75%	[2],[3],[30]
Par / Units		$ 147,916,000	[11],[16]	$ 148,677,000	[2],[3],[30]
Amortized Cost		146,794,000	[11],[16]	147,381,000	[2],[3],[30]
Fair Value		$ 147,756,000	[11],[16]	$ 148,354,000	[2],[3],[30]
Percentage of Net Assets		2.50%	[11],[16]	2.50%	[2],[3],[30]
Investment, Identifier [Axis]: Litera Bidco LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[15],[28]	5.75%	[2],[3],[14],[17]
Par / Units		$ 0	[11],[15],[28]	$ 1,578,000	[2],[3],[14],[17]
Amortized Cost		(25,000)	[11],[15],[28]	1,547,000	[2],[3],[14],[17]
Fair Value		$ (14,000)	[11],[15],[28]	$ 1,549,000	[2],[3],[14],[17]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Lytx, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[16]	6.75%	[2],[3],[30]
Par / Units		$ 71,005,000	[11],[16]	$ 71,005,000	[2],[3],[30]
Amortized Cost		70,394,000	[11],[16]	70,312,000	[2],[3],[30]
Fair Value		$ 70,651,000	[11],[16]	$ 70,472,000	[2],[3],[30]
Percentage of Net Assets		1.20%	[11],[16]	1.20%	[2],[3],[30]
Investment, Identifier [Axis]: MHE Intermediate Holdings, LLC (dba OnPoint Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12]	6.00%	[2],[3],[35]
Par / Units		$ 180,855,000	[11],[12]	$ 181,776,000	[2],[3],[35]
Amortized Cost		179,538,000	[11],[12]	180,317,000	[2],[3],[35]
Fair Value		$ 179,950,000	[11],[12]	$ 179,957,000	[2],[3],[35]
Percentage of Net Assets		3.00%	[11],[12]	3.10%	[2],[3],[35]
Investment, Identifier [Axis]: MHE Intermediate Holdings, LLC (dba OnPoint Group), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12],[15]	6.00%	[2],[3],[17],[35]
Par / Units		$ 4,039,000	[11],[12],[15]	$ 2,175,000	[2],[3],[17],[35]
Amortized Cost		3,934,000	[11],[12],[15]	2,057,000	[2],[3],[17],[35]
Fair Value		$ 3,962,000	[11],[12],[15]	$ 2,020,000	[2],[3],[17],[35]
Percentage of Net Assets		0.10%	[11],[12],[15]	0.00%	[2],[3],[17],[35]
Investment, Identifier [Axis]: MINDBODY, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[48]	7.00%	[2],[3],[14]
Par / Units		$ 67,637,000	[11],[48]	$ 67,637,000	[2],[3],[14]
Amortized Cost		67,387,000	[11],[48]	67,330,000	[2],[3],[14]
Fair Value		$ 67,298,000	[11],[48]	$ 67,637,000	[2],[3],[14]
Percentage of Net Assets		1.10%	[11],[48]	1.10%	[2],[3],[14]
Investment, Identifier [Axis]: MINDBODY, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[15],[28]	7.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(16,000)	[11],[15],[28]	(22,000)	[2],[3],[17],[37]
Fair Value		$ (30,000)	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Maia Aggregator, LP, Class A-2 Units
Schedule of Investments [Line Items]
Units (in shares)		168,539	[11],[21],[23]	168,539	[3],[25],[26]
Amortized Cost		$ 169,000	[11],[21],[23]	$ 169,000	[3],[25],[26]
Fair Value		$ 179,000	[11],[21],[23]	$ 179,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: Mario Midco Holdings, Inc. (dba Len the Plumber), Unsecured facility
Schedule of Investments [Line Items]
Interest	[2],[3],[30]			10.75%
Interest, PIK		10.75%	[16],[22]	10.75%	[2],[3],[30]
Par / Units		$ 4,414,000	[11],[16]	$ 4,081,000	[2],[3],[30]
Amortized Cost		4,308,000	[11],[16]	3,973,000	[2],[3],[30]
Fair Value		$ 4,380,000	[11],[16]	$ 4,020,000	[2],[3],[30]
Percentage of Net Assets		0.10%	[11],[16]	0.10%	[2],[3],[30]
Investment, Identifier [Axis]: Mario Purchaser, LLC (dba Len the Plumber), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[16],[29]	5.75%	[2],[3],[17],[30],[34]
Par / Units		$ 3,158,000	[11],[15],[16],[29]	$ 2,021,000	[2],[3],[17],[30],[34]
Amortized Cost		3,072,000	[11],[15],[16],[29]	1,939,000	[2],[3],[17],[30],[34]
Fair Value		$ 3,143,000	[11],[15],[16],[29]	$ 2,000,000	[2],[3],[17],[30],[34]
Percentage of Net Assets		0.10%	[11],[15],[16],[29]	0.00%	[2],[3],[17],[30],[34]
Investment, Identifier [Axis]: Mario Purchaser, LLC (dba Len the Plumber), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[16]	5.75%	[2],[3],[30]
Par / Units		$ 12,976,000	[11],[16]	$ 13,042,000	[2],[3],[30]
Amortized Cost		12,750,000	[11],[16]	12,800,000	[2],[3],[30]
Fair Value		$ 12,911,000	[11],[16]	$ 12,911,000	[2],[3],[30]
Percentage of Net Assets		0.20%	[11],[16]	0.20%	[2],[3],[30]
Investment, Identifier [Axis]: Mario Purchaser, LLC (dba Len the Plumber), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.75%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(22,000)	[11],[15],[28]	(24,000)	[2],[3],[17],[37]
Fair Value		$ (7,000)	[11],[15],[28]	$ (14,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Medline Borrower, LP, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		3.25%	[11],[15],[28]	2.25%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(107,000)	[11],[15],[28]	(123,000)	[2],[3],[17],[37]
Fair Value		$ (198,000)	[11],[15],[28]	$ (485,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: MessageBird BidCo B.V., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[13],[48]	6.75%	[2],[3],[5],[27]
Par / Units		$ 44,917,000	[11],[13],[48]	$ 77,000,000	[2],[3],[5],[27]
Amortized Cost		44,221,000	[11],[13],[48]	75,685,000	[2],[3],[5],[27]
Fair Value		$ 44,468,000	[11],[13],[48]	$ 75,268,000	[2],[3],[5],[27]
Percentage of Net Assets		0.70%	[11],[13],[48]	1.30%	[2],[3],[5],[27]
Investment, Identifier [Axis]: MessageBird Holding B.V., Extended Series C Warrants
Schedule of Investments [Line Items]
Units (in shares)		122,890	[13],[21],[22],[23]	122,890	[3],[5],[25],[26]
Amortized Cost		$ 753,000	[13],[21],[22],[23]	$ 753,000	[3],[5],[25],[26]
Fair Value		$ 138,000	[13],[21],[22],[23]	$ 89,000	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[13],[21],[22],[23]	0.00%	[3],[5],[25],[26]
Investment, Identifier [Axis]: Metis HoldCo, Inc. (dba Mavis Tire Express Services), Series A Convertible Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			7.00%
Interest, PIK		7.00%	[22],[23],[40]	7.00%	[3],[26],[39]
Units (in shares)		173,892,000	[11],[23],[40]	167,977,000	[3],[26],[39]
Amortized Cost		$ 169,932,000	[11],[23],[40]	$ 163,743,000	[3],[26],[39]
Fair Value		$ 173,891,000	[11],[23],[40]	$ 161,677,000	[3],[26],[39]
Percentage of Net Assets		2.90%	[11],[23],[40]	2.70%	[3],[26],[39]
Investment, Identifier [Axis]: Milan Laser Holdings LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[16]	5.00%	[2],[3],[30]
Par / Units		$ 23,933,000	[11],[16]	$ 24,055,000	[2],[3],[30]
Amortized Cost		23,769,000	[11],[16]	23,873,000	[2],[3],[30]
Fair Value		$ 23,933,000	[11],[16]	$ 24,055,000	[2],[3],[30]
Percentage of Net Assets		0.40%	[11],[16]	0.40%	[2],[3],[30]
Investment, Identifier [Axis]: Milan Laser Holdings LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[15],[28]	5.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(12,000)	[11],[15],[28]	(14,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Minerva Holdco, Inc., Series A Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			10.75%
Interest, PIK		10.75%	[22],[23],[40]	10.75%	[3],[26],[39]
Units (in shares)		8,114,000	[11],[23],[40]	7,483,000	[3],[26],[39]
Amortized Cost		$ 7,991,000	[11],[23],[40]	$ 7,354,000	[3],[26],[39]
Fair Value		$ 7,307,000	[11],[23],[40]	$ 6,734,000	[3],[26],[39]
Percentage of Net Assets		0.10%	[11],[23],[40]	0.10%	[3],[26],[39]
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[15],[16],[29]	5.50%	[2],[3],[17],[34],[37]
Par / Units		$ 28,000	[11],[15],[16],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		26,000	[11],[15],[16],[29]	(2,000)	[2],[3],[17],[34],[37]
Fair Value		$ 26,000	[11],[15],[16],[29]	$ (3,000)	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[16],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[16]	5.50%	[2],[3],[27]
Par / Units		$ 697,000	[11],[16]	$ 701,000	[2],[3],[27]
Amortized Cost		686,000	[11],[16]	689,000	[2],[3],[27]
Fair Value		$ 683,000	[11],[16]	$ 683,000	[2],[3],[27]
Percentage of Net Assets		0.00%	[11],[16]	0.00%	[2],[3],[27]
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12],[15]	5.50%	[2],[3],[17],[27]
Par / Units		$ 25,000	[11],[12],[15]	$ 34,000	[2],[3],[17],[27]
Amortized Cost		24,000	[11],[12],[15]	33,000	[2],[3],[17],[27]
Fair Value		$ 24,000	[11],[12],[15]	$ 32,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: Motus Group, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[48]	6.50%	[2],[3],[27]
Par / Units		$ 10,810,000	[11],[48]	$ 10,810,000	[2],[3],[27]
Amortized Cost		10,717,000	[11],[48]	10,712,000	[2],[3],[27]
Fair Value		$ 10,649,000	[11],[48]	$ 10,594,000	[2],[3],[27]
Percentage of Net Assets		0.20%	[11],[48]	0.20%	[2],[3],[27]
Investment, Identifier [Axis]: Muine Gall, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest, PIK	[13],[22],[33],[49]	7.00%
Par / Units		$ 132,312,000	[11],[13],[33],[49]	$ 261,493,000	[1],[2],[3],[4],[5]
Amortized Cost		133,131,000	[11],[13],[33],[49]	262,995,000	[1],[2],[3],[4],[5]
Fair Value		$ 131,319,000	[11],[13],[33],[49]	$ 254,956,000	[1],[2],[3],[4],[5]
Percentage of Net Assets		2.20%	[11],[13],[33],[49]	4.30%	[1],[2],[3],[4],[5]
Investment, Identifier [Axis]: NMI Acquisitionco, Inc. (dba Network Merchants), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[16],[29]	5.75%
Par / Units		$ 5,893,000	[11],[15],[16],[29]	$ 5,923,000
Amortized Cost		5,829,000	[11],[15],[16],[29]	5,844,000
Fair Value		$ 5,849,000	[11],[15],[16],[29]	$ 5,834,000
Percentage of Net Assets		0.10%	[11],[15],[16],[29]	0.10%	[2],[3],[17],[27],[34]
Investment, Identifier [Axis]: NMI Acquisitionco, Inc. (dba Network Merchants), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[16]	5.75%	[2],[3],[27]
Par / Units		$ 24,916,000	[11],[16]	$ 25,048,000	[2],[3],[27]
Amortized Cost		24,820,000	[11],[16]	24,933,000	[2],[3],[27]
Fair Value		$ 24,730,000	[11],[16]	$ 24,735,000	[2],[3],[27]
Percentage of Net Assets		0.40%	[11],[16]	0.40%	[2],[3],[27]
Investment, Identifier [Axis]: NMI Acquisitionco, Inc. (dba Network Merchants), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.75%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(10,000)	[11],[15],[28]	(13,000)	[2],[3],[17],[37]
Fair Value		$ (12,000)	[11],[15],[28]	$ (21,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: National Dentex Labs LLC (fka Barracuda Dental LLC), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		8.00%	[12],[22]	8.00%	[2],[3],[14]
Interest, PIK		3.00%	[12],[22]	3.00%	[2],[3],[14]
Par / Units		$ 107,108,000	[11],[12]	$ 106,033,000	[2],[3],[14]
Amortized Cost		106,237,000	[11],[12]	104,979,000	[2],[3],[14]
Fair Value		$ 104,431,000	[11],[12]	$ 103,381,000	[2],[3],[14]
Percentage of Net Assets		1.80%	[11],[12]	1.80%	[2],[3],[14]
Investment, Identifier [Axis]: National Dentex Labs LLC (fka Barracuda Dental LLC), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[12],[15]	7.00%	[2],[3],[14],[17]
Par / Units		$ 7,493,000	[11],[12],[15]	$ 9,195,000	[2],[3],[14],[17]
Amortized Cost		7,378,000	[11],[12],[15]	9,055,000	[2],[3],[14],[17]
Fair Value		$ 7,258,000	[11],[12],[15]	$ 8,961,000	[2],[3],[14],[17]
Percentage of Net Assets		0.10%	[11],[12],[15]	0.20%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Natural Partners, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12],[13]	6.00%	[2],[3],[4],[5]
Par / Units		$ 920,000	[11],[12],[13]	$ 924,000	[2],[3],[4],[5]
Amortized Cost		905,000	[11],[12],[13]	908,000	[2],[3],[4],[5]
Fair Value		$ 910,000	[11],[12],[13]	$ 906,000	[2],[3],[4],[5]
Percentage of Net Assets		0.00%	[11],[12],[13]	0.00%	[2],[3],[4],[5]
Investment, Identifier [Axis]: Natural Partners, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[13],[15],[28]	6.00%	[2],[3],[5],[17],[37]
Par / Units		$ 0	[11],[13],[15],[28]	$ 0	[2],[3],[5],[17],[37]
Amortized Cost		(1,000)	[11],[13],[15],[28]	(1,000)	[2],[3],[5],[17],[37]
Fair Value		$ (1,000)	[11],[13],[15],[28]	$ (1,000)	[2],[3],[5],[17],[37]
Percentage of Net Assets		0.00%	[11],[13],[15],[28]	0.00%	[2],[3],[5],[17],[37]
Investment, Identifier [Axis]: Nelipak Holding Company, First lien senior secured EUR revolving loan
Schedule of Investments [Line Items]
Interest		4.50%	[11],[15],[61]	4.50%	[2],[3],[17],[45]
Par / Units		$ 1,754,000	[11],[15],[61]	$ 2,574,000	[2],[3],[17],[45]
Amortized Cost		1,610,000	[11],[15],[61]	2,516,000	[2],[3],[17],[45]
Fair Value		$ 1,754,000	[11],[15],[61]	$ 2,522,000	[2],[3],[17],[45]
Percentage of Net Assets		0.00%	[11],[15],[61]	0.00%	[2],[3],[17],[45]
Investment, Identifier [Axis]: Nelipak Holding Company, First lien senior secured USD revolving loan
Schedule of Investments [Line Items]
Interest		4.25%	[11],[15],[16]	4.25%	[2],[3],[14],[17]
Par / Units		$ 1,206,000	[11],[15],[16]	$ 1,072,000	[2],[3],[14],[17]
Amortized Cost		1,176,000	[11],[15],[16]	1,028,000	[2],[3],[14],[17]
Fair Value		$ 1,206,000	[11],[15],[16]	$ 1,017,000	[2],[3],[14],[17]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.00%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Nelipak Holding Company, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		4.25%	[11],[12]	4.25%	[2],[3],[14]
Par / Units		$ 2,274,000	[11],[12]	$ 2,286,000	[2],[3],[14]
Amortized Cost		2,252,000	[11],[12]	2,260,000	[2],[3],[14]
Fair Value		$ 2,274,000	[11],[12]	$ 2,269,000	[2],[3],[14]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[14]
Investment, Identifier [Axis]: Nelipak Holding Company, Second lien EUR senior secured loan
Schedule of Investments [Line Items]
Interest		8.50%	[11],[59]	8.50%	[2],[3],[44]
Par / Units		$ 65,569,000	[11],[59]	$ 64,142,000	[2],[3],[44]
Amortized Cost		66,659,000	[11],[59]	66,603,000	[2],[3],[44]
Fair Value		$ 65,242,000	[11],[59]	$ 63,340,000	[2],[3],[44]
Percentage of Net Assets		1.10%	[11],[59]	1.10%	[2],[3],[44]
Investment, Identifier [Axis]: Nelipak Holding Company, Second lien USD senior secured loan
Schedule of Investments [Line Items]
Interest		8.25%	[11],[12]	8.25%	[2],[3],[14]
Par / Units		$ 67,006,000	[11],[12]	$ 67,006,000	[2],[3],[14]
Amortized Cost		66,404,000	[11],[12]	66,348,000	[2],[3],[14]
Fair Value		$ 67,006,000	[11],[12]	$ 66,503,000	[2],[3],[14]
Percentage of Net Assets		1.10%	[11],[12]	1.10%	[2],[3],[14]
Investment, Identifier [Axis]: Nellson Nutraceutical, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.75%	[2],[3],[30]
Par / Units		$ 25,884,000	[11],[12]	$ 25,982,000	[2],[3],[30]
Amortized Cost		25,715,000	[11],[12]	25,643,000	[2],[3],[30]
Fair Value		$ 25,689,000	[11],[12]	$ 25,527,000	[2],[3],[30]
Percentage of Net Assets		0.40%	[11],[12]	0.40%	[2],[3],[30]
Investment, Identifier [Axis]: New PLI Holdings, LLC (dba PLI), Class A Common Units
Schedule of Investments [Line Items]
Units (in shares)		86,745,000	[11],[20],[21],[23]	86,745,000	[3],[24],[25],[26]
Amortized Cost		$ 48,007,000	[11],[20],[21],[23]	$ 48,008,000	[3],[24],[25],[26]
Fair Value		$ 97,691,000	[11],[20],[21],[23]	$ 97,799,000	[3],[24],[25],[26]
Percentage of Net Assets		1.60%	[11],[20],[21],[23]	1.70%	[3],[24],[25],[26]
Investment, Identifier [Axis]: Norvax, LLC (dba GoHealth), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.50%	[11],[16]	7.50%	[2],[3],[14]
Par / Units		$ 74,319,000	[11],[16]	$ 76,588,000	[2],[3],[14]
Amortized Cost		72,949,000	[11],[16]	74,905,000	[2],[3],[14]
Fair Value		$ 73,390,000	[11],[16]	$ 75,440,000	[2],[3],[14]
Percentage of Net Assets		1.20%	[11],[16]	1.30%	[2],[3],[14]
Investment, Identifier [Axis]: Norvax, LLC (dba GoHealth), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28]	6.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(44,000)	[11],[15],[28]	(63,000)	[2],[3],[17],[37]
Fair Value		$ (153,000)	[11],[15],[28]	$ (184,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Notorious Topco, LLC (dba Beauty Industry Group), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[12],[15],[29]	6.75%	[2],[3],[17],[34],[36]
Par / Units		$ 9,482,000	[11],[12],[15],[29]	$ 9,530,000	[2],[3],[17],[34],[36]
Amortized Cost		9,308,000	[11],[12],[15],[29]	9,336,000	[2],[3],[17],[34],[36]
Fair Value		$ 9,284,000	[11],[12],[15],[29]	$ 9,482,000	[2],[3],[17],[34],[36]
Percentage of Net Assets		0.20%	[11],[12],[15],[29]	0.20%	[2],[3],[17],[34],[36]
Investment, Identifier [Axis]: Notorious Topco, LLC (dba Beauty Industry Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[12]	6.75%	[2],[3],[36]
Par / Units		$ 108,803,000	[11],[12]	$ 109,355,000	[2],[3],[36]
Amortized Cost		107,524,000	[11],[12]	107,959,000	[2],[3],[36]
Fair Value		$ 106,899,000	[11],[12]	$ 108,809,000	[2],[3],[36]
Percentage of Net Assets		1.80%	[11],[12]	1.80%	[2],[3],[36]
Investment, Identifier [Axis]: Notorious Topco, LLC (dba Beauty Industry Group), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[12],[15]	6.75%	[2],[3],[17],[36]
Par / Units		$ 638,000	[11],[12],[15]	$ 1,596,000	[2],[3],[17],[36]
Amortized Cost		537,000	[11],[12],[15]	1,481,000	[2],[3],[17],[36]
Fair Value		$ 471,000	[11],[12],[15]	$ 1,548,000	[2],[3],[17],[36]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[36]
Investment, Identifier [Axis]: Nutraceutical International Corporation, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			7.00%
Par / Units	[2],[3],[27]			$ 186,644,000
Amortized Cost	[2],[3],[27]			184,758,000
Fair Value	[2],[3],[27]			$ 169,845,000
Percentage of Net Assets	[2],[3],[27]			2.90%
Investment, Identifier [Axis]: Nutraceutical International Corporation, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			7.00%
Par / Units	[2],[3],[27]			$ 13,578,000
Amortized Cost	[2],[3],[27]			13,467,000
Fair Value	[2],[3],[27]			$ 12,356,000
Percentage of Net Assets	[2],[3],[27]			0.20%
Investment, Identifier [Axis]: OB Hospitalist Group, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[16]	5.50%	[2],[3],[14]
Par / Units		$ 94,309,000	[11],[16]	$ 95,029,000	[2],[3],[14]
Amortized Cost		92,887,000	[11],[16]	93,464,000	[2],[3],[14]
Fair Value		$ 92,659,000	[11],[16]	$ 93,841,000	[2],[3],[14]
Percentage of Net Assets		1.60%	[11],[16]	1.60%	[2],[3],[14]
Investment, Identifier [Axis]: OB Hospitalist Group, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12],[15]	5.50%	[2],[3],[14],[17]
Par / Units		$ 6,665,000	[11],[12],[15]	$ 5,251,000	[2],[3],[14],[17]
Amortized Cost		6,451,000	[11],[12],[15]	5,012,000	[2],[3],[14],[17]
Fair Value		$ 6,400,000	[11],[12],[15]	$ 5,062,000	[2],[3],[14],[17]
Percentage of Net Assets		0.10%	[11],[12],[15]	0.10%	[2],[3],[14],[17]
Investment, Identifier [Axis]: ORCC Senior Loan Fund LLC (fka Sebago Lake LLC)
Schedule of Investments [Line Items]
Units (in shares)	[1],[5],[24],[26],[62]			318,839,000
Amortized Cost	[1],[5],[24],[26],[62]			$ 318,839,000
Fair Value	[63]			$ 288,981,000	[1],[5],[24],[26],[62]	247,061,000
Percentage of Net Assets	[1],[5],[24],[26],[62]			4.90%
Investment, Identifier [Axis]: Ocala Bidco, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28],[29]	5.75%
Par / Units	[11],[15],[28],[29]	$ 0
Amortized Cost	[11],[15],[28],[29]	(183,000)
Fair Value	[11],[15],[28],[29]	$ (95,000)
Percentage of Net Assets	[11],[15],[28],[29]	0.00%
Investment, Identifier [Axis]: Ocala Bidco, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[22],[38]	6.25%
Interest, PIK	[22],[38]	2.75%
Par / Units	[11],[38]	$ 185,272,000
Amortized Cost	[11],[38]	181,668,000
Fair Value	[11],[38]	$ 182,030,000
Percentage of Net Assets	[11],[38]	3.10%
Investment, Identifier [Axis]: Ocala Bidco, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest, PIK	[12],[22]	10.50%
Par / Units	[11],[12]	$ 103,250,000
Amortized Cost	[11],[12]	101,661,000
Fair Value	[11],[12]	$ 102,217,000
Percentage of Net Assets	[11],[12]	1.70%
Investment, Identifier [Axis]: Offen, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[33]	5.00%	[2],[3],[27]
Par / Units		$ 18,668,000	[11],[33]	$ 18,695,000	[2],[3],[27]
Amortized Cost		18,582,000	[11],[33]	18,596,000	[2],[3],[27]
Fair Value		$ 18,668,000	[11],[33]	$ 18,695,000	[2],[3],[27]
Percentage of Net Assets		0.30%	[11],[33]	0.30%	[2],[3],[27]
Investment, Identifier [Axis]: Ole Smoky Distillery, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[16]	5.25%	[2],[3],[30]
Par / Units		$ 873,000	[11],[16]	$ 877,000	[2],[3],[30]
Amortized Cost		858,000	[11],[16]	861,000	[2],[3],[30]
Fair Value		$ 860,000	[11],[16]	$ 860,000	[2],[3],[30]
Percentage of Net Assets		0.00%	[11],[16]	0.00%	[2],[3],[30]
Investment, Identifier [Axis]: Ole Smoky Distillery, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[15],[28]	5.25%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(2,000)	[11],[15],[28]	(2,000)	[2],[3],[17],[37]
Fair Value		$ (2,000)	[11],[15],[28]	$ (2,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: PCF Holdco, LLC (dba PCF Insurance Services), Class A Units
Schedule of Investments [Line Items]
Units (in shares)		14,772,724	[11],[21],[23]	14,772,724	[3],[25],[26]
Amortized Cost		$ 37,464,000	[11],[21],[23]	$ 37,464,000	[3],[25],[26]
Fair Value		$ 67,457,000	[11],[21],[23]	$ 67,456,000	[3],[25],[26]
Percentage of Net Assets		1.10%	[11],[21],[23]	1.10%	[3],[25],[26]
Investment, Identifier [Axis]: PCF Holdco, LLC (dba PCF Insurance Services), Class A Warrants
Schedule of Investments [Line Items]
Units (in shares)	[11],[21],[23]	1,288,200
Amortized Cost	[11],[21],[23]	$ 4,396,000
Fair Value	[11],[21],[23]	$ 4,400,000
Percentage of Net Assets	[11],[21],[23]	0.10%
Investment, Identifier [Axis]: PCF Holdco, LLC (dba PCF Insurance Services), Series A Preferred Units
Schedule of Investments [Line Items]
Interest, PIK	[15],[22],[23],[40]	15.00%
Units (in shares)	[11],[15],[23],[40]	11,437,106
Amortized Cost	[11],[15],[23],[40]	$ 6,767,000
Fair Value	[11],[15],[23],[40]	$ 6,921,000
Percentage of Net Assets	[11],[15],[23],[40]	0.10%
Investment, Identifier [Axis]: PCF Midco II, LLC (dba PCF Insurance Services), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[3],[39]			9.00%
Interest, PIK		9.00%	[22],[40]	9.00%	[3],[39]
Par / Units		$ 137,884,000	[11],[40]	$ 131,818,000	[3],[39]
Amortized Cost		127,785,000	[11],[40]	121,345,000	[3],[39]
Fair Value		$ 126,508,000	[11],[40]	$ 118,636,000	[3],[39]
Percentage of Net Assets		2.10%	[11],[40]	2.00%	[3],[39]
Investment, Identifier [Axis]: PHM Netherlands Midco B.V. (dba Loparex), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		4.50%	[11],[38]	4.50%	[2],[3],[14]
Par / Units		$ 774,000	[11],[38]	$ 778,000	[2],[3],[14]
Amortized Cost		740,000	[11],[38]	740,000	[2],[3],[14]
Fair Value		$ 741,000	[11],[38]	$ 751,000	[2],[3],[14]
Percentage of Net Assets		0.00%	[11],[38]	0.00%	[2],[3],[14]
Investment, Identifier [Axis]: PHM Netherlands Midco B.V. (dba Loparex), Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		8.75%	[11],[38]	8.75%	[2],[3],[14]
Par / Units		$ 112,000,000	[11],[38]	$ 112,000,000	[2],[3],[14]
Amortized Cost		107,171,000	[11],[38]	106,756,000	[2],[3],[14]
Fair Value		$ 108,640,000	[11],[38]	$ 109,200,000	[2],[3],[14]
Percentage of Net Assets		1.80%	[11],[38]	1.90%	[2],[3],[14]
Investment, Identifier [Axis]: PPV Intermediate Holdings, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34],[37]			5.75%
Par / Units	[2],[3],[17],[34],[37]			$ 0
Amortized Cost	[2],[3],[17],[34],[37]			(2,000)
Fair Value	[2],[3],[17],[34],[37]			$ (1,000)
Percentage of Net Assets	[2],[3],[17],[34],[37]			0.00%
Investment, Identifier [Axis]: PPV Intermediate Holdings, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.75%	[2],[3],[36]
Par / Units		$ 933,000	[11],[12]	$ 823,000	[2],[3],[36]
Amortized Cost		916,000	[11],[12]	808,000	[2],[3],[36]
Fair Value		$ 921,000	[11],[12]	$ 807,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: PPV Intermediate Holdings, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.75%	[2],[3],[17],[36]
Par / Units		$ 0	[11],[15],[28]	$ 18,000	[2],[3],[17],[36]
Amortized Cost		(1,000)	[11],[15],[28]	17,000	[2],[3],[17],[36]
Fair Value		$ (1,000)	[11],[15],[28]	$ 17,000	[2],[3],[17],[36]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[36]
Investment, Identifier [Axis]: PS Op Holdings LLC (fka QC Supply, LLC), Class A Common Units
Schedule of Investments [Line Items]
Units (in shares)		248,271	[20],[21],[23]	248,271	[24],[25],[26]
Amortized Cost		$ 4,300,000	[20],[21],[23]	$ 4,300,000	[24],[25],[26]
Fair Value		$ 3,725,000	[20],[21],[23]	$ 3,950,000	[24],[25],[26]
Percentage of Net Assets		0.10%	[20],[21],[23]	0.10%	[24],[25],[26]
Investment, Identifier [Axis]: PS Operating Company LLC (fka QC Supply, LLC)
Schedule of Investments [Line Items]
Fair Value		$ 19,833,000		$ 20,361,000		19,495,000
Investment, Identifier [Axis]: PS Operating Company LLC (fka QC Supply, LLC), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[12],[20]	6.00%	[2],[14],[24]
Par / Units		$ 13,241,000	[12],[20]	$ 13,241,000	[2],[14],[24]
Amortized Cost		12,976,000	[12],[20]	12,976,000	[2],[14],[24]
Fair Value		$ 12,678,000	[12],[20]	$ 12,778,000	[2],[14],[24]
Percentage of Net Assets		0.20%	[12],[20]	0.20%	[2],[14],[24]
Investment, Identifier [Axis]: PS Operating Company LLC (fka QC Supply, LLC), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[12],[15],[20]	6.00%	[2],[14],[17],[24]
Par / Units		$ 3,641,000	[12],[15],[20]	$ 3,807,000	[2],[14],[17],[24]
Amortized Cost		3,567,000	[12],[15],[20]	3,708,000	[2],[14],[17],[24]
Fair Value		$ 3,430,000	[12],[15],[20]	$ 3,633,000	[2],[14],[17],[24]
Percentage of Net Assets		0.10%	[12],[15],[20]	0.10%	[2],[14],[17],[24]
Investment, Identifier [Axis]: Pacific BidCo Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[13],[15],[28],[29]	5.75%	[2],[3],[5],[17],[34],[37]
Par / Units		$ 0	[11],[13],[15],[28],[29]	$ 0	[2],[3],[5],[17],[34],[37]
Amortized Cost		(37,000)	[11],[13],[15],[28],[29]	(41,000)	[2],[3],[5],[17],[34],[37]
Fair Value		$ (9,000)	[11],[13],[15],[28],[29]	$ (34,000)	[2],[3],[5],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[13],[15],[28],[29]	0.00%	[2],[3],[5],[17],[34],[37]
Investment, Identifier [Axis]: Pacific BidCo Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12],[13]	5.75%	[2],[3],[5],[36]
Par / Units		$ 30,924,000	[11],[12],[13]	$ 30,924,000	[2],[3],[5],[36]
Amortized Cost		30,224,000	[11],[12],[13]	30,184,000	[2],[3],[5],[36]
Fair Value		$ 30,460,000	[11],[12],[13]	$ 30,228,000	[2],[3],[5],[36]
Percentage of Net Assets		0.50%	[11],[12],[13]	0.50%	[2],[3],[5],[36]
Investment, Identifier [Axis]: Packaging Coordinators Midco, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[38]	7.00%	[2],[3],[14]
Par / Units		$ 196,044,000	[11],[38]	$ 196,044,000	[2],[3],[14]
Amortized Cost		192,972,000	[11],[38]	192,817,000	[2],[3],[14]
Fair Value		$ 189,182,000	[11],[38]	$ 185,261,000	[2],[3],[14]
Percentage of Net Assets		3.20%	[11],[38]	3.10%	[2],[3],[14]
Investment, Identifier [Axis]: Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[12],[13]	6.75%	[2],[3],[5],[36]
Par / Units		$ 134,683,000	[11],[12],[13]	$ 135,372,000	[2],[3],[5],[36]
Amortized Cost		133,087,000	[11],[12],[13]	133,607,000	[2],[3],[5],[36]
Fair Value		$ 133,000,000	[11],[12],[13]	$ 133,680,000	[2],[3],[5],[36]
Percentage of Net Assets		2.20%	[11],[12],[13]	2.30%	[2],[3],[5],[36]
Investment, Identifier [Axis]: Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[13],[15],[28]	6.75%	[2],[3],[5],[17],[36]
Par / Units		$ 0	[11],[13],[15],[28]	$ 2,901,000	[2],[3],[5],[17],[36]
Amortized Cost		(145,000)	[11],[13],[15],[28]	2,728,000	[2],[3],[5],[17],[36]
Fair Value		$ (169,000)	[11],[13],[15],[28]	$ 2,732,000	[2],[3],[5],[17],[36]
Percentage of Net Assets		0.00%	[11],[13],[15],[28]	0.00%	[2],[3],[5],[17],[36]
Investment, Identifier [Axis]: Patriot Holdings SCSp (dba Corza Health, Inc.), Class A Units
Schedule of Investments [Line Items]
Interest	[3],[5],[26],[39]			8.00%
Interest, PIK		8.00%	[13],[22],[23],[40]	8.00%	[3],[5],[26],[39]
Units (in shares)		7,104	[11],[13],[23],[40]	7,104,000	[3],[5],[26],[39]
Amortized Cost		$ 9,230,000	[11],[13],[23],[40]	$ 8,265,000	[3],[5],[26],[39]
Fair Value		$ 9,219,000	[11],[13],[23],[40]	$ 8,534,000	[3],[5],[26],[39]
Percentage of Net Assets		0.20%	[11],[13],[23],[40]	0.10%	[3],[5],[26],[39]
Investment, Identifier [Axis]: Patriot Holdings SCSp (dba Corza Health, Inc.), Class B Units
Schedule of Investments [Line Items]
Units (in shares)		97,833	[11],[13],[21],[23]	97,833	[3],[5],[25],[26]
Amortized Cost		$ 150,000	[11],[13],[21],[23]	$ 18,000	[3],[5],[25],[26]
Fair Value		$ 1,625,000	[11],[13],[21],[23]	$ 1,145,000	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[11],[13],[21],[23]	0.00%	[3],[5],[25],[26]
Investment, Identifier [Axis]: Peraton Corp., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.75%	[11],[12],[41]	7.75%	[2],[3],[27],[42]
Par / Units		$ 46,113,000	[11],[12],[41]	$ 46,113,000	[2],[3],[27],[42]
Amortized Cost		45,574,000	[11],[12],[41]	45,539,000	[2],[3],[27],[42]
Fair Value		$ 44,614,000	[11],[12],[41]	$ 43,691,000	[2],[3],[27],[42]
Percentage of Net Assets		0.70%	[11],[12],[41]	0.70%	[2],[3],[27],[42]
Investment, Identifier [Axis]: PerkinElmer U.S. LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[12]	6.75%
Par / Units	[11],[12]	$ 913,000
Amortized Cost	[11],[12]	897,000
Fair Value	[11],[12]	$ 897,000
Percentage of Net Assets	[11],[12]	0.00%
Investment, Identifier [Axis]: Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[16]	6.00%	[2],[3],[4]
Par / Units		$ 134,225,000	[11],[16]	$ 134,907,000	[2],[3],[4]
Amortized Cost		133,143,000	[11],[16]	133,740,000	[2],[3],[4]
Fair Value		$ 134,225,000	[11],[16]	$ 134,570,000	[2],[3],[4]
Percentage of Net Assets		2.30%	[11],[16]	2.30%	[2],[3],[4]
Investment, Identifier [Axis]: Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[15],[28]	6.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(45,000)	[11],[15],[28]	(50,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ (15,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Phoenix Newco, Inc. (dba Parexel), Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[16]	6.50%	[2],[3],[27]
Par / Units		$ 190,000,000	[11],[16]	$ 190,000,000	[2],[3],[27]
Amortized Cost		188,388,000	[11],[16]	188,302,000	[2],[3],[27]
Fair Value		$ 188,575,000	[11],[16]	$ 186,200,000	[2],[3],[27]
Percentage of Net Assets		3.20%	[11],[16]	3.20%	[2],[3],[27]
Investment, Identifier [Axis]: Picard Holdco, LLC, Series A Preferred Stock
Schedule of Investments [Line Items]
Interest	[2],[3],[26],[36]			12.00%
Interest, PIK		12.00%	[12],[22],[23]	12.00%	[2],[3],[26],[36]
Units (in shares)		27,580,000	[12],[22],[23]	25,697,000	[2],[3],[26],[36]
Amortized Cost		$ 26,875,000	[12],[22],[23]	$ 24,968,000	[2],[3],[26],[36]
Fair Value		$ 25,167,000	[12],[22],[23]	$ 24,925,000	[2],[3],[26],[36]
Percentage of Net Assets		0.40%	[12],[22],[23]	0.40%	[2],[3],[26],[36]
Investment, Identifier [Axis]: Ping Identity Holding Corp., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[16]	7.00%	[2],[3],[30]
Par / Units		$ 909,000	[11],[16]	$ 909,000	[2],[3],[30]
Amortized Cost		896,000	[11],[16]	896,000	[2],[3],[30]
Fair Value		$ 900,000	[11],[16]	$ 895,000	[2],[3],[30]
Percentage of Net Assets		0.00%	[11],[16]	0.00%	[2],[3],[30]
Investment, Identifier [Axis]: Ping Identity Holding Corp., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[15],[28]	7.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(1,000)	[11],[15],[28]	(1,000)	[2],[3],[17],[37]
Fair Value		$ (1,000)	[11],[15],[28]	$ (1,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Plasma Buyer LLC (dba PathGroup), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28],[29]	5.75%	[2],[3],[17],[34],[37]
Par / Units		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		(1,000)	[11],[15],[28],[29]	(2,000)	[2],[3],[17],[34],[37]
Fair Value		$ (3,000)	[11],[15],[28],[29]	$ (1,000)	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[28],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: Plasma Buyer LLC (dba PathGroup), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.75%	[2],[3],[30]
Par / Units		$ 676,000	[11],[12]	$ 679,000	[2],[3],[30]
Amortized Cost		664,000	[11],[12]	666,000	[2],[3],[30]
Fair Value		$ 659,000	[11],[12]	$ 667,000	[2],[3],[30]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[30]
Investment, Identifier [Axis]: Plasma Buyer LLC (dba PathGroup), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.75%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(1,000)	[11],[15],[28]	(1,000)	[2],[3],[17],[37]
Fair Value		$ (2,000)	[11],[15],[28]	$ (1,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Pluralsight, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		8.00%	[11],[12]	8.00%	[2],[3],[14]
Par / Units		$ 99,450,000	[11],[12]	$ 99,450,000	[2],[3],[14]
Amortized Cost		98,724,000	[11],[12]	98,455,000	[2],[3],[14]
Fair Value		$ 97,958,000	[11],[12]	$ 97,958,000	[2],[3],[14]
Percentage of Net Assets		1.60%	[11],[12]	1.70%	[2],[3],[14]
Investment, Identifier [Axis]: Pluralsight, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		8.00%	[11],[12],[15]	8.00%	[2],[3],[17],[27]
Par / Units		$ 3,118,000	[11],[12],[15]	$ 3,118,000	[2],[3],[17],[27]
Amortized Cost		3,079,000	[11],[12],[15]	3,055,000	[2],[3],[17],[27]
Fair Value		$ 3,024,000	[11],[12],[15]	$ 3,024,000	[2],[3],[17],[27]
Percentage of Net Assets		0.10%	[11],[12],[15]	0.10%	[2],[3],[17],[27]
Investment, Identifier [Axis]: Pregis Topco LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.02%	[11],[48]	7.02%	[2],[3],[27]
Par / Units		$ 160,000,000	[11],[48]	$ 160,000,000	[2],[3],[27]
Amortized Cost		157,836,000	[11],[48]	157,716,000	[2],[3],[27]
Fair Value		$ 159,329,000	[11],[48]	$ 158,193,000	[2],[3],[27]
Percentage of Net Assets		2.70%	[11],[48]	2.70%	[2],[3],[27]
Investment, Identifier [Axis]: Premier Imaging, LLC (dba LucidHealth), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[16]	5.75%	[2],[3],[27]
Par / Units		$ 42,823,000	[11],[16]	$ 42,998,000	[2],[3],[27]
Amortized Cost		42,570,000	[11],[16]	42,666,000	[2],[3],[27]
Fair Value		$ 42,395,000	[11],[16]	$ 42,460,000	[2],[3],[27]
Percentage of Net Assets		0.70%	[11],[16]	0.70%	[2],[3],[27]
Investment, Identifier [Axis]: Project Alpine Co-Invest Fund, LP, LP Interest
Schedule of Investments [Line Items]
Units (in shares)	[13],[21],[22],[23]	10,006,000
Amortized Cost	[13],[21],[22],[23]	$ 10,006,000
Fair Value	[13],[21],[22],[23]	$ 10,974,000
Percentage of Net Assets	[13],[21],[22],[23]	0.20%
Investment, Identifier [Axis]: Project Alpine Co-Invest Fund,LP, LP Interest
Schedule of Investments [Line Items]
Units (in shares)	[3],[5],[25],[26]			10,006,000
Amortized Cost	[3],[5],[25],[26]			$ 10,006,000
Fair Value	[3],[5],[25],[26]			$ 10,000,000
Percentage of Net Assets	[3],[5],[25],[26]			0.20%
Investment, Identifier [Axis]: Project Hotel California Co-Invest Fund, L.P., LP Interest
Schedule of Investments [Line Items]
Units (in shares)		2,687,000	[13],[21],[22],[23]	2,687,000	[3],[5],[25],[26]
Amortized Cost		$ 2,687,000	[13],[21],[22],[23]	$ 2,687,000	[3],[5],[25],[26]
Fair Value		$ 2,686,000	[13],[21],[22],[23]	$ 2,685,000	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[13],[21],[22],[23]	0.00%	[3],[5],[25],[26]
Investment, Identifier [Axis]: Project Power Buyer, LLC (dba PEC-Veriforce), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[12]	6.00%	[2],[3],[27]
Par / Units		$ 44,403,000	[11],[12]	$ 44,630,000	[2],[3],[27]
Amortized Cost		44,109,000	[11],[12]	44,292,000	[2],[3],[27]
Fair Value		$ 43,959,000	[11],[12]	$ 44,630,000	[2],[3],[27]
Percentage of Net Assets		0.70%	[11],[12]	0.80%	[2],[3],[27]
Investment, Identifier [Axis]: Project Power Buyer, LLC (dba PEC-Veriforce), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[15],[28]	6.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(12,000)	[11],[15],[28]	(16,000)	[2],[3],[17],[37]
Fair Value		$ (32,000)	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Proofpoint, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.25%	[2],[3],[14]
Par / Units		$ 19,600,000	[11],[16]	$ 19,600,000	[2],[3],[14]
Amortized Cost		19,519,000	[11],[16]	19,514,000	[2],[3],[14]
Fair Value		$ 18,963,000	[11],[16]	$ 18,767,000	[2],[3],[14]
Percentage of Net Assets		0.30%	[11],[16]	0.30%	[2],[3],[14]
Investment, Identifier [Axis]: QAD, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.38%	[11],[16]	6.00%	[2],[3],[27]
Par / Units		$ 26,239,000	[11],[16]	$ 26,372,000	[2],[3],[27]
Amortized Cost		25,835,000	[11],[16]	25,929,000	[2],[3],[27]
Fair Value		$ 25,714,000	[11],[16]	$ 25,713,000	[2],[3],[27]
Percentage of Net Assets		0.40%	[11],[16]	0.40%	[2],[3],[27]
Investment, Identifier [Axis]: QAD, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.38%	[11],[15],[28]	6.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(50,000)	[11],[15],[28]	(55,000)	[2],[3],[17],[37]
Fair Value		$ (69,000)	[11],[15],[28]	$ (86,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Quva Pharma, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[16],[22]	5.50%	[2],[3],[14]
Par / Units		$ 39,300,000	[16],[22]	$ 39,500,000	[2],[3],[14]
Amortized Cost		38,427,000	[16],[22]	38,554,000	[2],[3],[14]
Fair Value		$ 38,711,000	[16],[22]	$ 38,710,000	[2],[3],[14]
Percentage of Net Assets		0.70%	[16],[22]	0.70%	[2],[3],[14]
Investment, Identifier [Axis]: Quva Pharma, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[15],[16]	5.50%	[2],[3],[14],[17]
Par / Units		$ 1,840,000	[11],[15],[16]	$ 1,920,000	[2],[3],[14],[17]
Amortized Cost		1,773,000	[11],[15],[16]	1,841,000	[2],[3],[14],[17]
Fair Value		$ 1,780,000	[11],[15],[16]	$ 1,840,000	[2],[3],[14],[17]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.00%	[2],[3],[14],[17]
Investment, Identifier [Axis]: REALPAGE, INC., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[16],[41]	6.50%	[2],[3],[27]
Par / Units		$ 34,500,000	[11],[16],[41]	$ 34,500,000	[2],[3],[27]
Amortized Cost		34,092,000	[11],[16],[41]	34,067,000	[2],[3],[27]
Fair Value		$ 33,319,000	[11],[16],[41]	$ 33,033,000	[2],[3],[27]
Percentage of Net Assets		0.60%	[11],[16],[41]	0.60%	[2],[3],[27]
Investment, Identifier [Axis]: Recipe Acquisition Corp. (dba Roland Corporation), Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		9.00%	[12]	9.00%	[2],[36]
Par / Units		$ 32,000,000	[12]	$ 32,000,000	[2],[36]
Amortized Cost		31,980,000	[12]	31,960,000	[2],[36]
Fair Value		$ 31,760,000	[12]	$ 31,520,000	[2],[36]
Percentage of Net Assets		0.50%	[12]	0.50%	[2],[36]
Investment, Identifier [Axis]: Relativity ODA LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[16],[22]	7.50%	[2],[3],[27]
Interest, PIK	[2],[3],[27]			7.50%
Par / Units		$ 85,834,000	[11],[16]	$ 83,982,000	[2],[3],[27]
Amortized Cost		85,059,000	[11],[16]	83,128,000	[2],[3],[27]
Fair Value		$ 85,834,000	[11],[16]	$ 83,772,000	[2],[3],[27]
Percentage of Net Assets		1.40%	[11],[16]	1.40%	[2],[3],[27]
Investment, Identifier [Axis]: Relativity ODA LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[15],[22],[28]	6.50%	[2],[3],[17],[37]
Par / Units		$ 0	[15],[22],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(71,000)	[15],[22],[28]	(80,000)	[2],[3],[17],[37]
Fair Value		$ 0	[15],[22],[28]	$ (18,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[15],[22],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Rhea Acquisition Holdings, LP, Series A-2 Units
Schedule of Investments [Line Items]
Units (in shares)		119,048	[11],[21],[23]	119,048	[3],[25],[26]
Amortized Cost		$ 119,000	[11],[21],[23]	$ 119,000	[3],[25],[26]
Fair Value		$ 154,000	[11],[21],[23]	$ 119,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: Rhea Parent, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.75%	[2],[3],[36]
Par / Units		$ 766,000	[11],[12]	$ 770,000	[2],[3],[36]
Amortized Cost		753,000	[11],[12]	756,000	[2],[3],[36]
Fair Value		$ 758,000	[11],[12]	$ 753,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: SWK BUYER, Inc. (dba Stonewall Kitchen), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34],[37]			5.25%
Par / Units	[2],[3],[17],[34],[37]			$ 0
Amortized Cost	[2],[3],[17],[34],[37]			(2,000)
Fair Value	[2],[3],[17],[34],[37]			$ (4,000)
Percentage of Net Assets	[2],[3],[17],[34],[37]			0.00%
Investment, Identifier [Axis]: SWK BUYER, Inc. (dba Stonewall Kitchen), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[33]	5.25%	[2],[3],[35]
Par / Units		$ 747,000	[11],[33]	$ 751,000	[2],[3],[35]
Amortized Cost		734,000	[11],[33]	737,000	[2],[3],[35]
Fair Value		$ 717,000	[11],[33]	$ 728,000	[2],[3],[35]
Percentage of Net Assets		0.00%	[11],[33]	0.00%	[2],[3],[35]
Investment, Identifier [Axis]: SWK BUYER, Inc. (dba Stonewall Kitchen), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[15],[33]	5.25%	[2],[3],[17],[30]
Par / Units		$ 65,000	[11],[15],[33]	$ 25,000	[2],[3],[17],[30]
Amortized Cost		64,000	[11],[15],[33]	23,000	[2],[3],[17],[30]
Fair Value		$ 62,000	[11],[15],[33]	$ 22,000	[2],[3],[17],[30]
Percentage of Net Assets		0.00%	[11],[15],[33]	0.00%	[2],[3],[17],[30]
Investment, Identifier [Axis]: Safety Products/JHC Acquisition Corp. (dba Justrite Safety Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		4.50%	[11],[16],[41]	4.50%	[2],[3],[27]
Par / Units		$ 13,709,000	[11],[16],[41]	$ 13,781,000	[2],[3],[27]
Amortized Cost		13,644,000	[11],[16],[41]	13,706,000	[2],[3],[27]
Fair Value		$ 12,925,000	[11],[16],[41]	$ 13,470,000	[2],[3],[27]
Percentage of Net Assets		0.20%	[11],[16],[41]	0.20%	[2],[3],[27]
Investment, Identifier [Axis]: SailPoint Technologies Holdings, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.25%	[2],[3],[30]
Par / Units		$ 45,640,000	[11],[16]	$ 45,640,000	[2],[3],[30]
Amortized Cost		44,763,000	[11],[16]	44,713,000	[2],[3],[30]
Fair Value		$ 45,070,000	[11],[16]	$ 44,727,000	[2],[3],[30]
Percentage of Net Assets		0.80%	[11],[16]	0.80%	[2],[3],[30]
Investment, Identifier [Axis]: SailPoint Technologies Holdings, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[15],[28]	6.25%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(74,000)	[11],[15],[28]	(82,000)	[2],[3],[17],[37]
Fair Value		$ (54,000)	[11],[15],[28]	$ (87,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		4.50%	[11],[12]	4.50%	[2],[3],[14]
Par / Units		$ 43,182,000	[11],[12]	$ 43,522,000	[2],[3],[14]
Amortized Cost		42,892,000	[11],[12]	43,166,000	[2],[3],[14]
Fair Value		$ 40,915,000	[11],[12]	$ 40,693,000	[2],[3],[14]
Percentage of Net Assets		0.70%	[11],[12]	0.70%	[2],[3],[14]
Investment, Identifier [Axis]: Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		4.50%	[11],[12],[15]	4.50%	[2],[3],[14],[17]
Par / Units		$ 6,300,000	[11],[12],[15]	$ 7,020,000	[2],[3],[14],[17]
Amortized Cost		6,297,000	[11],[12],[15]	6,997,000	[2],[3],[14],[17]
Fair Value		$ 5,828,000	[11],[12],[15]	$ 6,435,000	[2],[3],[14],[17]
Percentage of Net Assets		0.10%	[11],[12],[15]	0.10%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Securonix, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	6.50%	[2],[3],[36]
Par / Units		$ 847,000	[11],[12]	$ 847,000	[2],[3],[36]
Amortized Cost		840,000	[11],[12]	840,000	[2],[3],[36]
Fair Value		$ 818,000	[11],[12]	$ 839,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: Securonix, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28]	6.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(1,000)	[11],[15],[28]	(1,000)	[2],[3],[17],[37]
Fair Value		$ (5,000)	[11],[15],[28]	$ (2,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Sensor Technology Topco, Inc. (dba Humanetics), First lien senior secured EUR term loan
Schedule of Investments [Line Items]
Interest	[22],[59]	6.75%
Par / Units	[22],[59]	$ 12,512,000
Amortized Cost	[22],[59]	12,368,000
Fair Value	[22],[59]	$ 12,418,000
Percentage of Net Assets	[22],[59]	0.20%
Investment, Identifier [Axis]: Sensor Technology Topco, Inc. (dba Humanetics), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%
Par / Units	[12],[22]	$ 63,708,000
Amortized Cost	[12],[22]	63,247,000
Fair Value	[12],[22]	$ 63,230,000
Percentage of Net Assets	[12],[22]	1.10%
Investment, Identifier [Axis]: Sensor Technology Topco, Inc. (dba Humanetics), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[15],[59]	6.75%
Par / Units	[11],[15],[59]	$ 1,152,000
Amortized Cost	[11],[15],[59]	1,112,000
Fair Value	[11],[15],[59]	$ 1,110,000
Percentage of Net Assets	[11],[15],[59]	0.00%
Investment, Identifier [Axis]: Shearer's Foods, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.75%	[11],[16]	7.75%	[2],[3],[27]
Par / Units		$ 86,400,000	[11],[16]	$ 115,200,000	[2],[3],[27]
Amortized Cost		85,785,000	[11],[16]	114,325,000	[2],[3],[27]
Fair Value		$ 86,400,000	[11],[16]	$ 114,624,000	[2],[3],[27]
Percentage of Net Assets		1.50%	[11],[16]	1.90%	[2],[3],[27]
Investment, Identifier [Axis]: SimpliSafe Holding Corporation, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[15],[28],[29]	6.25%	[2],[3],[17],[34],[37]
Par / Units		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		(6,000)	[11],[15],[28],[29]	(7,000)	[2],[3],[17],[34],[37]
Fair Value		$ 0	[11],[15],[28],[29]	$ (2,000)	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[28],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: SimpliSafe Holding Corporation, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.25%	[2],[3],[30]
Par / Units		$ 6,111,000	[11],[16]	$ 6,142,000	[2],[3],[30]
Amortized Cost		6,007,000	[11],[16]	6,030,000	[2],[3],[30]
Fair Value		$ 6,065,000	[11],[16]	$ 6,065,000	[2],[3],[30]
Percentage of Net Assets		0.10%	[11],[16]	0.10%	[2],[3],[30]
Investment, Identifier [Axis]: Smarsh Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[29],[33]	6.50%	[2],[3],[17],[34],[35]
Par / Units		$ 95,000	[11],[15],[29],[33]	$ 95,000	[2],[3],[17],[34],[35]
Amortized Cost		94,000	[11],[15],[29],[33]	93,000	[2],[3],[17],[34],[35]
Fair Value		$ 94,000	[11],[15],[29],[33]	$ 94,000	[2],[3],[17],[34],[35]
Percentage of Net Assets		0.00%	[11],[15],[29],[33]	0.00%	[2],[3],[17],[34],[35]
Investment, Identifier [Axis]: Smarsh Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[33]	6.50%	[2],[3],[35]
Par / Units		$ 762,000	[11],[33]	$ 762,000	[2],[3],[35]
Amortized Cost		755,000	[11],[33]	755,000	[2],[3],[35]
Fair Value		$ 758,000	[11],[33]	$ 754,000	[2],[3],[35]
Percentage of Net Assets		0.00%	[11],[33]	0.00%	[2],[3],[35]
Investment, Identifier [Axis]: Smarsh Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15]	6.50%	[2],[3],[17]
Par / Units		$ 0	[11],[15]	$ 0	[2],[3],[17]
Amortized Cost		0	[11],[15]	0	[2],[3],[17]
Fair Value		$ 0	[11],[15]	$ 0	[2],[3],[17]
Percentage of Net Assets		0.00%	[11],[15]	0.00%	[2],[3],[17]
Investment, Identifier [Axis]: Sonny's Enterprises LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[36]			6.75%
Par / Units	[2],[3],[36]			$ 229,908,000
Amortized Cost	[2],[3],[36]			226,995,000
Fair Value	[2],[3],[36]			$ 229,908,000
Percentage of Net Assets	[2],[3],[36]			3.90%
Investment, Identifier [Axis]: Sonny's Enterprises LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[37]			6.75%
Par / Units	[2],[3],[17],[37]			$ 0
Amortized Cost	[2],[3],[17],[37]			(186,000)
Fair Value	[2],[3],[17],[37]			$ 0
Percentage of Net Assets	[2],[3],[17],[37]			0.00%
Investment, Identifier [Axis]: Sonny's Enterprises, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28],[29]	6.75%
Par / Units	[11],[15],[28],[29]	$ 0
Amortized Cost	[11],[15],[28],[29]	(15,000)
Fair Value	[11],[15],[28],[29]	$ (15,000)
Percentage of Net Assets	[11],[15],[28],[29]	0.00%
Investment, Identifier [Axis]: Sonny's Enterprises, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[12],[22]	6.75%
Par / Units	[12],[22]	$ 228,739,000
Amortized Cost	[12],[22]	226,253,000
Fair Value	[12],[22]	$ 225,308,000
Percentage of Net Assets	[12],[22]	3.80%
Investment, Identifier [Axis]: Sonny's Enterprises, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28]	6.75%
Par / Units	[11],[15],[28]	$ 0
Amortized Cost	[11],[15],[28]	(162,000)
Fair Value	[11],[15],[28]	$ (270,000)
Percentage of Net Assets	[11],[15],[28]	0.00%
Investment, Identifier [Axis]: Space Exploration Technologies Corp., Class A Common Stock
Schedule of Investments [Line Items]
Units (in shares)		46,605	[11],[21],[23]	46,605	[3],[25],[26]
Amortized Cost		$ 2,556,000	[11],[21],[23]	$ 2,557,000	[3],[25],[26]
Fair Value		$ 3,588,000	[11],[21],[23]	$ 3,509,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[11],[21],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: Space Exploration Technologies Corp., Class C Common Stock
Schedule of Investments [Line Items]
Units (in shares)		9,360	[11],[21],[23]	9,360	[3],[25],[26]
Amortized Cost		$ 446,000	[11],[21],[23]	$ 446,000	[3],[25],[26]
Fair Value		$ 721,000	[11],[21],[23]	$ 705,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: Spotless Brands, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	6.50%	[2],[3],[36]
Par / Units		$ 48,242,000	[11],[12]	$ 48,592,000	[2],[3],[36]
Amortized Cost		47,395,000	[11],[12]	47,675,000	[2],[3],[36]
Fair Value		$ 47,759,000	[11],[12]	$ 47,621,000	[2],[3],[36]
Percentage of Net Assets		0.80%	[11],[12]	0.80%	[2],[3],[36]
Investment, Identifier [Axis]: Spotless Brands, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28]	6.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(22,000)	[11],[15],[28]	(24,000)	[2],[3],[17],[37]
Fair Value		$ (13,000)	[11],[15],[28]	$ (26,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Summit Acquisition Inc. (dba K2 Insurance Services), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[15],[22],[28],[29]	6.75%
Par / Units	[15],[22],[28],[29]	$ 0
Amortized Cost	[15],[22],[28],[29]	(3,000)
Fair Value	[15],[22],[28],[29]	$ (3,000)
Percentage of Net Assets	[15],[22],[28],[29]	0.00%
Investment, Identifier [Axis]: Summit Acquisition Inc. (dba K2 Insurance Services), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[12],[22]	6.75%
Par / Units	[12],[22]	$ 733,000
Amortized Cost	[12],[22]	712,000
Fair Value	[12],[22]	$ 711,000
Percentage of Net Assets	[12],[22]	0.00%
Investment, Identifier [Axis]: Summit Acquisition Inc. (dba K2 Insurance Services), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[15],[22],[28]	6.75%
Par / Units	[15],[22],[28]	$ 0
Amortized Cost	[15],[22],[28]	(3,000)
Fair Value	[15],[22],[28]	$ (3,000)
Percentage of Net Assets	[15],[22],[28]	0.00%
Investment, Identifier [Axis]: Sunshine Software Holdings, Inc. (dba Cornerstone OnDemand), Series A Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			10.50%
Interest, PIK		10.50%	[22],[23],[40]	10.50%	[3],[26],[39]
Units (in shares)		45,863,000	[11],[23],[40]	41,402,000	[3],[26],[39]
Amortized Cost		$ 45,044,000	[11],[23],[40]	$ 40,538,000	[3],[26],[39]
Fair Value		$ 40,360,000	[11],[23],[40]	$ 37,469,000	[3],[26],[39]
Percentage of Net Assets		0.70%	[11],[23],[40]	0.60%	[3],[26],[39]
Investment, Identifier [Axis]: Swipe Acquisition Corporation (dba PLI)
Schedule of Investments [Line Items]
Fair Value		$ 160,859,000		$ 161,680,000		108,061,000
Investment, Identifier [Axis]: Swipe Acquisition Corporation (dba PLI), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		8.00%	[11],[12],[15],[20],[29]	8.00%	[2],[3],[17],[24],[34],[36]
Par / Units		$ 14,493,000	[11],[12],[15],[20],[29]	$ 14,698,000	[2],[3],[17],[24],[34],[36]
Amortized Cost		14,493,000	[11],[12],[15],[20],[29]	14,698,000	[2],[3],[17],[24],[34],[36]
Fair Value		$ 14,493,000	[11],[12],[15],[20],[29]	$ 14,645,000	[2],[3],[17],[24],[34],[36]
Percentage of Net Assets		0.20%	[11],[12],[15],[20],[29]	0.20%	[2],[3],[17],[24],[34],[36]
Investment, Identifier [Axis]: Swipe Acquisition Corporation (dba PLI), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		8.00%	[11],[12],[20]	8.00%	[2],[3],[24],[30]
Par / Units		$ 48,675,000	[11],[12],[20]	$ 49,360,000	[2],[3],[24],[30]
Amortized Cost		48,373,000	[11],[12],[20]	48,911,000	[2],[3],[24],[30]
Fair Value		$ 48,675,000	[11],[12],[20]	$ 49,236,000	[2],[3],[24],[30]
Percentage of Net Assets		0.80%	[11],[12],[20]	0.80%	[2],[3],[24],[30]
Investment, Identifier [Axis]: Swipe Acquisition Corporation (dba PLI), Letter of Credit
Schedule of Investments [Line Items]
Interest		8.00%	[11],[15],[20]	8.00%	[2],[3],[17],[24]
Par / Units		$ 0	[11],[15],[20]	$ 0	[2],[3],[17],[24]
Amortized Cost		1,000	[11],[15],[20]	2,000	[2],[3],[17],[24]
Fair Value		$ 0	[11],[15],[20]	$ 0	[2],[3],[17],[24]
Percentage of Net Assets		0.00%	[11],[15],[20]	0.00%	[2],[3],[17],[24]
Investment, Identifier [Axis]: THG Acquisition, LLC (dba Hilb), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[16]	5.75%	[2],[3],[27]
Par / Units		$ 74,359,000	[11],[16]	$ 74,744,000	[2],[3],[27]
Amortized Cost		73,342,000	[11],[16]	73,593,000	[2],[3],[27]
Fair Value		$ 73,615,000	[11],[16]	$ 73,810,000	[2],[3],[27]
Percentage of Net Assets		1.20%	[11],[16]	1.30%	[2],[3],[27]
Investment, Identifier [Axis]: THG Acquisition, LLC (dba Hilb), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[16]	5.75%	[2],[3],[17],[37]
Par / Units		$ 1,913,000	[11],[15],[16]	$ 0	[2],[3],[17],[37]
Amortized Cost		1,820,000	[11],[15],[16]	(112,000)	[2],[3],[17],[37]
Fair Value		$ 1,827,000	[11],[15],[16]	$ (108,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Tahoe Finco, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[13],[48]	6.00%	[2],[3],[5],[27]
Par / Units		$ 123,256,000	[11],[13],[48]	$ 123,256,000	[2],[3],[5],[27]
Amortized Cost		122,270,000	[11],[13],[48]	122,199,000	[2],[3],[5],[27]
Fair Value		$ 122,023,000	[11],[13],[48]	$ 121,099,000	[2],[3],[5],[27]
Percentage of Net Assets		2.10%	[11],[13],[48]	2.10%	[2],[3],[5],[27]
Investment, Identifier [Axis]: Tahoe Finco, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[13],[15],[28]	6.00%	[2],[3],[5],[17],[37]
Par / Units		$ 0	[11],[13],[15],[28]	$ 0	[2],[3],[5],[17],[37]
Amortized Cost		(66,000)	[11],[13],[15],[28]	(73,000)	[2],[3],[5],[17],[37]
Fair Value		$ (92,000)	[11],[13],[15],[28]	$ (162,000)	[2],[3],[5],[17],[37]
Percentage of Net Assets		0.00%	[11],[13],[15],[28]	0.00%	[2],[3],[5],[17],[37]
Investment, Identifier [Axis]: Tall Tree Foods, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest, PIK	[12],[15],[54]	9.25%
Par / Units	[12],[15],[54]	$ 4,615,000
Amortized Cost	[12],[15],[54]	3,017,000
Fair Value	[12],[15],[54]	$ 4,015,000
Percentage of Net Assets	[12],[15],[54]	0.10%
Investment, Identifier [Axis]: Tall Tree Foods, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[27]			7.25%
Interest, PIK	[12],[54]	9.25%
Par / Units		$ 63,065,000	[12],[54]	$ 39,084,000	[2],[27]
Amortized Cost		59,541,000	[12],[54]	39,084,000	[2],[27]
Fair Value		$ 54,867,000	[12],[54]	$ 39,084,000	[2],[27]
Percentage of Net Assets		0.90%	[12],[54]	0.70%	[2],[27]
Investment, Identifier [Axis]: Tamarack Intermediate, L.L.C. (dba Verisk 3E), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[12]	5.75%	[2],[3],[35]
Par / Units		$ 851,000	[11],[12]	$ 855,000	[2],[3],[35]
Amortized Cost		837,000	[11],[12]	840,000	[2],[3],[35]
Fair Value		$ 840,000	[11],[12]	$ 838,000	[2],[3],[35]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[35]
Investment, Identifier [Axis]: Tamarack Intermediate, L.L.C. (dba Verisk 3E), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[12],[15]	5.75%	[2],[3],[17],[30]
Par / Units		$ 23,000	[11],[12],[15]	$ 25,000	[2],[3],[17],[30]
Amortized Cost		21,000	[11],[12],[15]	23,000	[2],[3],[17],[30]
Fair Value		$ 21,000	[11],[12],[15]	$ 22,000	[2],[3],[17],[30]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[30]
Investment, Identifier [Axis]: Tempo Buyer Corp. (dba Global Claims Services), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[15],[28],[29]	5.50%	[2],[3],[17],[34],[37]
Par / Units		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		(2,000)	[11],[15],[28],[29]	(2,000)	[2],[3],[17],[34],[37]
Fair Value		$ (2,000)	[11],[15],[28],[29]	$ (5,000)	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[28],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: Tempo Buyer Corp. (dba Global Claims Services), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12]	5.50%	[2],[3],[14]
Par / Units		$ 1,072,000	[11],[12]	$ 1,078,000	[2],[3],[14]
Amortized Cost		1,055,000	[11],[12]	1,060,000	[2],[3],[14]
Fair Value		$ 1,056,000	[11],[12]	$ 1,051,000	[2],[3],[14]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[14]
Investment, Identifier [Axis]: Tempo Buyer Corp. (dba Global Claims Services), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		4.25%	[11],[15],[32]	4.50%	[2],[3],[17],[64]
Par / Units		$ 58,000	[11],[15],[32]	$ 12,000	[2],[3],[17],[64]
Amortized Cost		56,000	[11],[15],[32]	10,000	[2],[3],[17],[64]
Fair Value		$ 56,000	[11],[15],[32]	$ 8,000	[2],[3],[17],[64]
Percentage of Net Assets		0.00%	[11],[15],[32]	0.00%	[2],[3],[17],[64]
Investment, Identifier [Axis]: The Better Being Co., LLC (fka Nutraceutical International Corporation), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[16],[32]	7.50%
Interest, PIK	[16],[32]	4.00%
Par / Units	[11],[16]	$ 188,353,000
Amortized Cost	[11],[16]	186,698,000
Fair Value	[11],[16]	$ 160,571,000
Percentage of Net Assets	[11],[16]	2.70%
Investment, Identifier [Axis]: The Better Being Co., LLC (fka Nutraceutical International Corporation), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[16]	7.50%
Interest, PIK	[11],[16]	4.00%
Par / Units	[11],[16]	$ 13,803,000
Amortized Cost	[11],[16]	13,712,000
Fair Value	[11],[16]	$ 11,768,000
Percentage of Net Assets	[11],[16]	0.20%
Investment, Identifier [Axis]: The NPD Group, L.P., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[30]			6.25%
Interest, PIK	[2],[3],[30]			2.75%
Par / Units	[2],[3],[30]			$ 23,717,000
Amortized Cost	[2],[3],[30]			23,252,000
Fair Value	[2],[3],[30]			$ 23,243,000
Percentage of Net Assets	[2],[3],[30]			0.40%
Investment, Identifier [Axis]: The NPD Group, L.P., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[30]			5.75%
Par / Units	[2],[3],[17],[30]			$ 181,000
Amortized Cost	[2],[3],[17],[30]			153,000
Fair Value	[2],[3],[17],[30]			$ 151,000
Percentage of Net Assets	[2],[3],[17],[30]			0.00%
Investment, Identifier [Axis]: The Shade Store, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12]	6.00%	[2],[3],[36]
Par / Units		$ 8,955,000	[11],[12]	$ 9,000,000	[2],[3],[36]
Amortized Cost		8,869,000	[11],[12]	8,907,000	[2],[3],[36]
Fair Value		$ 8,575,000	[11],[12]	$ 8,753,000	[2],[3],[36]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[36]
Investment, Identifier [Axis]: The Shade Store, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12],[15]	6.00%	[2],[3],[17],[36]
Par / Units		$ 473,000	[11],[12],[15]	$ 255,000	[2],[3],[17],[36]
Amortized Cost		465,000	[11],[12],[15]	246,000	[2],[3],[17],[36]
Fair Value		$ 434,000	[11],[12],[15]	$ 230,000	[2],[3],[17],[36]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[36]
Investment, Identifier [Axis]: Thunder Purchaser, Inc. (dba Vector Solutions), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12],[15],[29]	5.75%	[2],[3],[14],[17],[34]
Par / Units		$ 3,908,000	[11],[12],[15],[29]	$ 3,928,000	[2],[3],[14],[17],[34]
Amortized Cost		3,875,000	[11],[12],[15],[29]	3,891,000	[2],[3],[14],[17],[34]
Fair Value		$ 3,879,000	[11],[12],[15],[29]	$ 3,779,000	[2],[3],[14],[17],[34]
Percentage of Net Assets		0.10%	[11],[12],[15],[29]	0.10%	[2],[3],[14],[17],[34]
Investment, Identifier [Axis]: Thunder Purchaser, Inc. (dba Vector Solutions), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.75%	[2],[3],[14]
Par / Units		$ 63,825,000	[11],[12]	$ 64,151,000	[2],[3],[14]
Amortized Cost		63,339,000	[11],[12]	63,623,000	[2],[3],[14]
Fair Value		$ 63,347,000	[11],[12]	$ 62,868,000	[2],[3],[14]
Percentage of Net Assets		1.10%	[11],[12]	1.10%	[2],[3],[14]
Investment, Identifier [Axis]: Thunder Purchaser, Inc. (dba Vector Solutions), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12],[15]	5.75%	[2],[3],[14],[17]
Par / Units		$ 3,235,000	[11],[12],[15]	$ 1,316,000	[2],[3],[14],[17]
Amortized Cost		3,209,000	[11],[12],[15]	1,287,000	[2],[3],[14],[17]
Fair Value		$ 3,206,000	[11],[12],[15]	$ 1,239,000	[2],[3],[14],[17]
Percentage of Net Assets		0.10%	[11],[12],[15]	0.00%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Thunder Topco L.P. (dba Vector Solutions), Common Units
Schedule of Investments [Line Items]
Units (in shares)		3,829,614	[21],[22],[23]	3,829,614	[3],[25],[26]
Amortized Cost		$ 3,830,000	[21],[22],[23]	$ 3,830,000	[3],[25],[26]
Fair Value		$ 3,922,000	[21],[22],[23]	$ 3,783,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[21],[22],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: Tivity Health, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12]	6.00%	[2],[3],[36]
Par / Units		$ 993,000	[11],[12]	$ 998,000	[2],[3],[36]
Amortized Cost		970,000	[11],[12]	974,000	[2],[3],[36]
Fair Value		$ 985,000	[11],[12]	$ 983,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: Troon Golf, L.L.C., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.75%	[2],[3],[4]
Par / Units		$ 238,919,000	[11],[12]	$ 280,236,000	[2],[3],[4]
Amortized Cost		238,043,000	[11],[12]	279,111,000	[2],[3],[4]
Fair Value		$ 237,724,000	[11],[12]	$ 280,236,000	[2],[3],[4]
Percentage of Net Assets		4.00%	[11],[12]	4.80%	[2],[3],[4]
Investment, Identifier [Axis]: Troon Golf, L.L.C., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.75%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(67,000)	[11],[15],[28]	(78,000)	[2],[3],[17],[37]
Fair Value		$ (108,000)	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.50%	[2],[3],[14]
Par / Units		$ 38,500,000	[11],[12]	$ 38,696,000	[2],[3],[14]
Amortized Cost		37,938,000	[11],[12]	38,075,000	[2],[3],[14]
Fair Value		$ 38,115,000	[11],[12]	$ 37,922,000	[2],[3],[14]
Percentage of Net Assets		0.60%	[11],[12]	0.60%	[2],[3],[14]
Investment, Identifier [Axis]: USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(58,000)	[11],[15],[28]	(65,000)	[2],[3],[17],[37]
Fair Value		$ (42,000)	[11],[15],[28]	$ (85,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Ultimate Baked Goods Midco, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.50%	[2],[3],[27]
Par / Units		$ 80,823,000	[11],[16]	$ 81,234,000	[2],[3],[27]
Amortized Cost		79,328,000	[11],[16]	79,589,000	[2],[3],[27]
Fair Value		$ 79,813,000	[11],[16]	$ 78,797,000	[2],[3],[27]
Percentage of Net Assets		1.30%	[11],[16]	1.30%	[2],[3],[27]
Investment, Identifier [Axis]: Ultimate Baked Goods Midco, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[15],[28]	6.50%	[2],[3],[17],[27]
Par / Units		$ 0	[11],[15],[28]	$ 2,611,000	[2],[3],[17],[27]
Amortized Cost		(171,000)	[11],[15],[28]	2,420,000	[2],[3],[17],[27]
Fair Value		$ (124,000)	[11],[15],[28]	$ 2,312,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: Unified Women's Healthcare, LP, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[15],[29]	5.25%	[2],[3],[17],[34]
Par / Units		$ 0	[11],[15],[29]	$ 0	[2],[3],[17],[34]
Amortized Cost		0	[11],[15],[29]	0	[2],[3],[17],[34]
Fair Value		$ 0	[11],[15],[29]	$ 0	[2],[3],[17],[34]
Percentage of Net Assets		0.00%	[11],[15],[29]	0.00%	[2],[3],[17],[34]
Investment, Identifier [Axis]: Unified Women's Healthcare, LP, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[16]	5.25%	[2],[3],[30]
Par / Units		$ 903,000	[11],[16]	$ 878,000	[2],[3],[30]
Amortized Cost		897,000	[11],[16]	872,000	[2],[3],[30]
Fair Value		$ 903,000	[11],[16]	$ 878,000	[2],[3],[30]
Percentage of Net Assets		0.00%	[11],[16]	0.00%	[2],[3],[30]
Investment, Identifier [Axis]: Unified Women's Healthcare, LP, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[15],[28]	5.25%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(1,000)	[11],[15],[28]	(1,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: VEPF Torreys Aggregator, LLC (dba MINDBODY, Inc.), Series A Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			6.00%
Interest, PIK		6.00%	[22],[23],[40]	6.00%	[3],[26],[39]
Units (in shares)		21,250,000	[22],[23],[40]	21,250,000	[3],[26],[39]
Amortized Cost		$ 23,224,000	[22],[23],[40]	$ 22,544,000	[3],[26],[39]
Fair Value		$ 22,992,000	[22],[23],[40]	$ 22,319,000	[3],[26],[39]
Percentage of Net Assets		0.40%	[22],[23],[40]	0.40%	[3],[26],[39]
Investment, Identifier [Axis]: Valence Surface Technologies LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.75%	[11],[12]	7.75%	[2],[3],[36]
Interest, PIK		3.88%	[11],[12]	3.875%
Par / Units		$ 132,179,000	[11],[12]	$ 128,074,000	[2],[3],[36]
Amortized Cost		131,491,000	[11],[12]	127,233,000	[2],[3],[36]
Fair Value		$ 105,743,000	[11],[12]	$ 102,459,000	[2],[3],[36]
Percentage of Net Assets		1.80%	[11],[12]	1.70%	[2],[3],[36]
Investment, Identifier [Axis]: Valence Surface Technologies LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.75%		7.75%	[2],[3],[17],[36]
Interest, PIK		3.88%
Par / Units		$ 10,742,000	[11],[12],[15]	$ 10,408,000	[2],[3],[17],[36]
Amortized Cost		10,692,000	[11],[12],[15]	10,345,000	[2],[3],[17],[36]
Fair Value		$ 8,584,000	[11],[12],[15]	$ 8,316,000	[2],[3],[17],[36]
Percentage of Net Assets		0.10%	[11],[12],[15]	0.10%	[2],[3],[17],[36]
Investment, Identifier [Axis]: Velocity HoldCo III Inc. (dba VelocityEHS), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.75%	[2],[3],[4]
Par / Units		$ 21,881,000	[11],[12]	$ 21,992,000	[2],[3],[4]
Amortized Cost		21,541,000	[11],[12]	21,614,000	[2],[3],[4]
Fair Value		$ 21,881,000	[11],[12]	$ 21,992,000	[2],[3],[4]
Percentage of Net Assets		0.40%	[11],[12]	0.40%	[2],[3],[4]
Investment, Identifier [Axis]: Velocity HoldCo III Inc. (dba VelocityEHS), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[16]	5.75%	[2],[3],[17],[27]
Par / Units		$ 893,000	[11],[15],[16]	$ 268,000	[2],[3],[17],[27]
Amortized Cost		876,000	[11],[15],[16]	248,000	[2],[3],[17],[27]
Fair Value		$ 893,000	[11],[15],[16]	$ 268,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: Vermont Aus Pty Ltd, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12],[13]	5.50%	[2],[3],[5],[36]
Par / Units		$ 988,000	[11],[12],[13]	$ 993,000	[2],[3],[5],[36]
Amortized Cost		967,000	[11],[12],[13]	970,000	[2],[3],[5],[36]
Fair Value		$ 973,000	[11],[12],[13]	$ 968,000	[2],[3],[5],[36]
Percentage of Net Assets		0.00%	[11],[12],[13]	0.00%	[2],[3],[5],[36]
Investment, Identifier [Axis]: WMC Bidco, Inc. (dba West Monroe), Senior Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			11.25%
Interest, PIK		11.25%	[22],[23],[40]	11.25%	[3],[26],[39]
Units (in shares)		20,069,000	[22],[23],[40]	18,427,000	[3],[26],[39]
Amortized Cost		$ 19,704,000	[22],[23],[40]	$ 18,039,000	[3],[26],[39]
Fair Value		$ 18,925,000	[22],[23],[40]	$ 17,230,000	[3],[26],[39]
Percentage of Net Assets		0.30%	[22],[23],[40]	0.30%	[3],[26],[39]
Investment, Identifier [Axis]: WP Irving Co-Invest, L.P., Partnership Units
Schedule of Investments [Line Items]
Units (in shares)		1,250,000	[11],[13],[21],[23]	1,250,000	[3],[5],[25],[26]
Amortized Cost		$ 1,250,000	[11],[13],[21],[23]	$ 1,250,000	[3],[5],[25],[26]
Fair Value		$ 1,304,000	[11],[13],[21],[23]	$ 1,250,000	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[11],[13],[21],[23]	0.00%	[3],[5],[25],[26]
Investment, Identifier [Axis]: WU Holdco, Inc. (dba Weiman Products, LLC), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12]	5.50%	[2],[3],[14]
Par / Units		$ 201,822,000	[11],[12]	$ 202,864,000	[2],[3],[14]
Amortized Cost		199,771,000	[11],[12]	200,481,000	[2],[3],[14]
Fair Value		$ 195,262,000	[11],[12]	$ 197,793,000	[2],[3],[14]
Percentage of Net Assets		3.30%	[11],[12]	3.40%	[2],[3],[14]
Investment, Identifier [Axis]: WU Holdco, Inc. (dba Weiman Products, LLC), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12],[15]	5.50%	[2],[3],[14],[17]
Par / Units		$ 11,139,000	[11],[12],[15]	$ 9,987,000	[2],[3],[14],[17]
Amortized Cost		11,014,000	[11],[12],[15]	9,826,000	[2],[3],[14],[17]
Fair Value		$ 10,515,000	[11],[12],[15]	$ 9,507,000	[2],[3],[14],[17]
Percentage of Net Assets		0.20%	[11],[12],[15]	0.20%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Walker Edison Furniture Company LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest, PIK	[15],[16],[20],[22],[54]	6.75%
Units (in shares)	[11],[15],[16],[20],[54]	568,000
Amortized Cost	[11],[15],[16],[20],[54]	$ 562,000
Fair Value	[11],[15],[16],[20],[54]	$ 568,000
Percentage of Net Assets	[11],[15],[16],[20],[54]	0.00%
Investment, Identifier [Axis]: Walker Edison Furniture Company LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14],[55]			8.75%
Interest, PIK		6.75%	[16],[20],[22],[54]	3.00%	[2],[3],[14],[55]
Par / Units	[2],[3],[14],[55]			$ 86,203,000
Units (in shares)	[11],[16],[20],[54]	22,116,000
Amortized Cost		$ 20,667,000	[11],[16],[20],[54]	83,193,000	[2],[3],[14],[55]
Fair Value		$ 21,673,000	[11],[16],[20],[54]	$ 43,963,000	[2],[3],[14],[55]
Percentage of Net Assets		0.40%	[11],[16],[20],[54]	0.70%	[2],[3],[14],[55]
Investment, Identifier [Axis]: Walker Edison Furniture Company LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest, PIK	[16],[20],[22],[54]	6.25%
Units (in shares)	[11],[16],[20],[54]	11,241,000
Amortized Cost	[11],[16],[20],[54]	$ 11,241,000
Fair Value	[11],[16],[20],[54]	$ 11,241,000
Percentage of Net Assets	[11],[16],[20],[54]	0.20%
Investment, Identifier [Axis]: Walker Edison Furniture Company, LLC
Schedule of Investments [Line Items]
Fair Value		$ 54,967,000		$ 0
Investment, Identifier [Axis]: Walker Edison Holdco LLC, Common Units
Schedule of Investments [Line Items]
Units (in shares)	[11],[20],[21],[23]	245,906
Amortized Cost	[11],[20],[21],[23]	$ 23,762,000
Fair Value	[11],[20],[21],[23]	$ 21,485,000
Percentage of Net Assets	[11],[20],[21],[23]	0.40%
Investment, Identifier [Axis]: When I Work, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			7.00%
Interest, PIK		7.00%	[22],[38]	7.00%	[2],[3],[14]
Par / Units		$ 5,384,000	[11],[38]	$ 5,200,000	[2],[3],[14]
Amortized Cost		5,346,000	[11],[38]	5,158,000	[2],[3],[14]
Fair Value		$ 5,290,000	[11],[38]	$ 5,096,000	[2],[3],[14]
Percentage of Net Assets		0.10%	[11],[38]	0.10%	[2],[3],[14]
Investment, Identifier [Axis]: When I Work, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[15],[28]	6.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(7,000)	[11],[15],[28]	(7,000)	[2],[3],[17],[37]
Fair Value		$ (16,000)	[11],[15],[28]	$ (18,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Windows Entities, LLC Units
Schedule of Investments [Line Items]
Units (in shares)		31,849,000	[11],[23],[65]	31,849,000	[3],[26],[66]
Amortized Cost		$ 60,319,000	[11],[23],[65]	$ 60,318,000	[3],[26],[66]
Fair Value		$ 131,639,000	[11],[23],[65]	$ 121,419,000	[3],[26],[66]
Percentage of Net Assets		2.20%	[11],[23],[65]	2.10%	[3],[26],[66]
Investment, Identifier [Axis]: Wingspire Capital Holdings LLC
Schedule of Investments [Line Items]
Fair Value		$ 476,530,000		$ 431,531,000		$ 242,163,000
Investment, Identifier [Axis]: Wingspire Capital Holdings LLC, LLC Interest
Schedule of Investments [Line Items]
Units (in shares)	[15],[20],[23],[49]	400,145,000
Amortized Cost	[15],[20],[23],[49]	$ 400,145,000
Fair Value	[15],[20],[23],[49]	$ 476,530,000
Percentage of Net Assets	[15],[20],[23],[49]	8.00%
Investment, Identifier [Axis]: Wingspire Capital Holdings LLC, LLC interest
Schedule of Investments [Line Items]
Units (in shares)	[1],[17],[24],[26]			364,145,000
Amortized Cost	[1],[17],[24],[26]			$ 364,145,000
Fair Value	[1],[17],[24],[26]			$ 431,531,000
Percentage of Net Assets	[1],[17],[24],[26]			7.30%
Investment, Identifier [Axis]: Zendesk, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28],[29]	6.50%	[2],[3],[17],[34],[37]
Par / Units		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		(578,000)	[11],[15],[28],[29]	(631,000)	[2],[3],[17],[34],[37]
Fair Value		$ (130,000)	[11],[15],[28],[29]	$ (260,000)	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[28],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: Zendesk, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[12],[22]	6.50%	[2],[3],[36]
Interest, PIK	[12],[22]	3.50%
Par / Units		$ 70,017,000	[11],[12]	$ 69,409,000	[2],[3],[36]
Amortized Cost		68,737,000	[11],[12]	68,040,000	[2],[3],[36]
Fair Value		$ 68,791,000	[11],[12]	$ 67,674,000	[2],[3],[36]
Percentage of Net Assets		1.20%	[11],[12]	1.20%	[2],[3],[36]
Investment, Identifier [Axis]: Zendesk, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28]	6.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(128,000)	[11],[15],[28]	(140,000)	[2],[3],[17],[37]
Fair Value		$ (125,000)	[11],[15],[28]	$ (179,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Zenith Energy U.S. Logistics Holdings, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			5.50%
Par / Units	[2],[3],[27]			$ 58,042,000
Amortized Cost	[2],[3],[27]			57,575,000
Fair Value	[2],[3],[27]			$ 58,042,000
Percentage of Net Assets	[2],[3],[27]			1.00%
Investment, Identifier [Axis]: Zoro TopCo, Inc. (dba Zendesk, Inc.), Series A Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			12.50%
Interest, PIK	[3],[26],[39]			12.50%
Units (in shares)	[3],[26],[39]			9,554,000
Amortized Cost	[3],[26],[39]			$ 9,220,000
Fair Value	[3],[26],[39]			$ 9,220,000
Percentage of Net Assets	[3],[26],[39]			0.20%
Investment, Identifier [Axis]: Zoro TopCo, Inc., Class A Common Units
Schedule of Investments [Line Items]
Units (in shares)	[21],[22],[23]	796,165
Amortized Cost	[21],[22],[23]	$ 7,962,000
Fair Value	[21],[22],[23]	$ 7,962,000
Percentage of Net Assets	[21],[22],[23]	0.10%
Investment, Identifier [Axis]: Zoro TopCo, Inc., Series A Preferred Stock
Schedule of Investments [Line Items]
Interest, PIK	[22],[23],[40]	12.50%
Units (in shares)	[22],[23],[40]	10,291,000
Amortized Cost	[22],[23],[40]	$ 9,967,000
Fair Value	[22],[23],[40]	$ 10,072,000
Percentage of Net Assets	[22],[23],[40]	0.20%
Investment, Identifier [Axis]: Zoro TopCo, L.P. (dba Zendesk, Inc.), Class A Common Units
Schedule of Investments [Line Items]
Units (in shares)	[3],[25],[26]			796,165
Amortized Cost	[3],[25],[26]			$ 7,962,000
Fair Value	[3],[25],[26]			$ 7,962,000
Percentage of Net Assets	[3],[25],[26]			0.10%

[1] Investment is not pledged as collateral for the credit facilities.

[2] Loan contains a variable rate structure and may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the London Interbank Offered Rate (“LIBOR” or “L”, which can include one-, three-, six- or twelve- month LIBOR), Secured Overnight Financing Rate ("SOFR" or "S," which can include one-, three- or six- month SOFR), Euro Interbank Offered Rate (“EURIBOR”), Great Britain Pound London Interbank Offered Rate (“GBPLIBOR” or “G”, which can include three- or six-month GBPLIBOR), SONIA ("SONIA” or "SA") or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.

[3] Represents co-investment made with the Company’s affiliates in accordance with the terms of the exemptive relief that the Company received from the U.S. Securities and Exchange Commission. See Note 3 “Agreements and Related Party Transactions.”

[4] The interest rate on these loans is subject to 6 month LIBOR, which as of December 31, 2022 was 5.14%.

[5] This portfolio company is not a qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of total assets. As of December 31, 2022, non-qualifying assets represented 13.5% of total assets as calculated in accordance with the regulatory requirements.

[6] As of December 31, 2022, the net estimated unrealized loss for U.S. federal income tax purposes was $126.2 million based on a tax cost basis of $13.1 billion. As of December 31, 2022, the estimated aggregate gross unrealized loss for U.S. federal income tax purposes was $382.2 million and the estimated aggregate gross unrealized gain for U.S. federal income tax purposes was $256.0 million.

[7] Certain portfolio company investments are subject to contractual restrictions on sales. Refer to footnote 28 for additional information on our restricted securities.

[8] The amortized cost represents the original cost adjusted for the amortization or accretion of premium or discount , as applicable, on debt investments using the effective interest method.

[9] Unless otherwise indicated, all investments are considered Level 3 investments.

[10] Unless otherwise indicated, the Company’s portfolio companies are pledged as collateral supporting the amounts outstanding under the Revolving Credit Facility, SPV Asset Facilities and CLOs. See Note 6 “Debt”.

[11] Represents co-investment made with the Company’s affiliates in accordance with the terms of the exemptive relief that the Company received from the U.S. Securities and Exchange Commission. See Note 3 “Agreements and Related Party Transactions.”

[12] The interest rate on these loans is subject to 3 month SOFR, which as of June 30, 2023 was 5.27%.

[13] This portfolio company is not a qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of total assets. As of June 30, 2023, non-qualifying assets represented 13.6% of total assets as calculated in accordance with the regulatory requirements.

[14] The interest rate on these loans is subject to 3 month LIBOR, which as of December 31, 2022 was 4.77%.

[15] Position or portion thereof is an unfunded loan or equity commitment. See Note 7 “Commitments and Contingencies”.

[16] The interest rate on these loans is subject to 1 month SOFR, which as of June 30, 2023 was 5.14%.

[17] Position or portion thereof is an unfunded loan or equity commitment. See Note 7 “Commitments and Contingencies”.

[18] In connection with its investment in AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, “Amergin Assetco”) the Company made a minority investment in Amergin Asset Management, LLC which has entered into a Servicing Agreement with Amergin Assetco.

[19] In connection with its investment in AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, “Amergin Assetco”) the Company made a minority investment in Amergin Asset Management, LLC which has entered into a Servicing Agreement with Amergin Assetco.

[20] As defined in the 1940 Act, the Company is deemed to be both an “Affiliated Person” and has “Control” of this portfolio company as the Company owns more than 25% of the portfolio company’s outstanding voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“controlled affiliate”). The Company’s investment in controlled affiliates for the period ended June 30, 2023, were as follows: ($ in thousands)Fair value
as of December 31, 2022Gross Additions
(a)Gross Reductions(b)Change in Unrealized Gains (Losses)Fair value
as of June 30, 2023Interest IncomeDividend IncomeOther IncomeControlled AffiliatesAAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC(d)$— $6,115 $(35)$36 $6,116 $— $— $— AAM Series 2.1 Aviation Feeder, LLC(d)1,568 17,376 — — 18,944 — — — Eagle Infrastructure Super LLC— 109,909 (2)(64)109,843 2,976 — 2 Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)89,680 21,554 — — 111,234 — 1,360 — Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)(c)288,981 75,250 (8,750)8,947 364,428 — 20,659 — PS Operating Company LLC (fka QC Supply, LLC)20,361 24 (168)(384)19,833 963 — 3 Swipe Acquisition Corporation (dba PLI)161,680 147 (890)(78)160,859 4,288 2,669 555 Walker Edison Furniture Company, LLC— 56,042 — (1,075)54,967 — — 18 Wingspire Capital Holdings LLC431,531 53,000 (17,000)8,999 476,530 — 18,000 — Total Controlled Affiliates$993,801 $339,417 $(26,845)$16,381 $1,322,754 $8,227 $42,688 $578  ________________ (a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category. (b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities. (c)For further description of the Company's investment in Blue Owl Capital Corporation Senior Loan Fund (fka ORCC Senior Loan Fund), see Note 4 "Investments." (d)In connection with its investment in AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, “Amergin Assetco”) the Company made a minority investment in Amergin Asset Management, LLC which has entered into a Servicing Agreement with Amergin Assetco.

[21] Investment is non-income producing.

[22] Represents co-investment made with the Company’s affiliates in accordance with the terms of the exemptive relief that the Company received from the U.S. Securities and Exchange Commission. See Note 3 “Agreements and Related Party Transactions.”

[23] Securities acquired in transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”) and may be deemed to be “restricted securities” under the Securities Act. As of June 30, 2023, the aggregate fair value of these securities is $1.9 billion or 31.9% of the Company’s net assets. The acquisition dates of the restricted securities are as follows: Portfolio CompanyInvestmentAcquisition DateAAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC**LLC Interest7/1/2022AAM Series 2.1 Aviation Feeder, LLC**LLC Interest7/1/2022Amergin Asset Management, LLCClass A Units7/1/2022Accelerate topco Holdings, LLCCommon Units9/1/2022ASP Conair Holdings LPClass A Units5/17/2021Associations Finance, Inc.Preferred Stock6/10/2022Windows EntitiesLLC Units1/16/2020BCTO WIW Holdings, Inc. (dba When I Work)Class A Common Stock11/2/2021BEHP Co-Investor II, L.P.LP Interest5/11/2022WP Irving Co-Invest, L.P.Partnership Units5/18/2022Blend Labs, Inc.Warrants7/2/2021Brooklyn Lender Co-Invest 2, L.P. (dba Boomi)Common Units10/1/2021CD&R Value Building Partners I, L.P. (dba Belron)LP Interest12/2/2021Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)**Class A Units7/18/2022 Portfolio CompanyInvestmentAcquisition DateDenali Holding, LP (dba Summit Companies)Class A Units9/15/2021Dodge Construction Network Holdings, LPClass A-2 Common Units2/23/2022Dodge Construction Network Holdings, LPSeries A Preferred Units2/23/2022 Eagle Infrastructure Super LLC**Common Units3/31/2023Elliott Alto Co-Investor Aggregator L.P.LP Interest9/27/2022Picard Holdco, LLCSeries A Preferred Stock9/30/2022Evology, LLCClass B Units1/24/2022Evolution Parent, LP (dba SIAA)LP Interest4/30/2021Gloves Holdings, LP (dba Protective Industrial Products)LP Interest12/29/2020GrowthCurve Capital Sunrise Co-Invest LP (dba Brightway)LP Interest12/16/2021Hercules Buyer, LLC (dba The Vincit Group)Common Units12/15/2020Hissho Sushi Holdings, LLCClass A units5/17/2022Insight CP (Blocker) Holdings, L.P. (dba CivicPlus, LLC)LP Interest6/8/2022Knockout Intermediate Holdings I Inc. (dba Kaseya)Perpetual Preferred Stock6/23/2022KOBHG Holdings, L.P. (dba OB Hospitalist)Class A Interests9/27/2021Maia Aggregator, LPClass A-2 Units2/1/2022H-Food Holdings, LLCLLC Interest11/23/2018LSI Financing 1 DAC**Preferred equity12/14/2022MessageBird Holding B.V.Extended Series C Warrants5/5/2021Metis HoldCo, Inc. (dba Mavis Tire Express Services)Series A Convertible Preferred Stock5/4/2021Minerva Holdco, Inc.Series A Preferred Stock2/15/2022KPCI Holdings, L.P.Class A Units11/30/2020Patriot Holdings SCSp (dba Corza Health, Inc.)Class B Units1/29/2021Patriot Holdings SCSp (dba Corza Health, Inc.)Class A Units1/29/2021PCF Holdco, LLC (dba PCF Insurance Services)Class A Units11/1/2021Project Alpine Co-Invest Fund,
LPLP Interest6/10/2022Project Hotel California Co-Invest Fund, L.P. LP Interest8/9/2022PS Op Holdings LLC (fka QC Supply, LLC)**Class A Common Units12/21/2021Rhea Acquisition Holdings, LPSeries A-2 Units2/18/2022Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)*LLC Interest6/20/2017Space Exploration Technologies Corp.Class A Common Stock3/25/2021Space Exploration Technologies Corp.Class C Common Stock3/25/2021Sunshine Software Holdings, Inc. (dba Cornerstone OnDemand)Series A Preferred Stock10/14/2021New PLI Holdings, LLC (dba PLI)**Class A Common Units12/23/2020Thunder Topco L.P. (dba Vector Solutions)Common Units6/30/2021VEPF Torreys Aggregator, LLC (dba MINDBODY, Inc.)Series A Preferred Stock10/15/2021 Walker Edison Holdco LLC**Common Units3/1/2023Wingspire Capital Holdings LLC**LLC Interest9/24/2019WMC Bidco, Inc. (dba West Monroe)Senior Preferred Stock11/9/2021Zoro TopCo, L.P.Series A Preferred Stock11/22/2022Zoro TopCo, L.P.Class A Common Units11/22/2022 * Refer to Note 4 “Investments – Blue Owl Capital Corporation Senior Loan Fund LLC,” for further information. ** Refer to Note 3 “Agreements and Related Party Transactions – Controlled/Affiliated Portfolio Companies”.

[24] As defined in the 1940 Act, the Company is deemed to be both an “Affiliated Person” and has “Control” of this portfolio company as the Company owns more than 25% of the portfolio company’s outstanding voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“controlled affiliate”). The Company’s investment in controlled affiliates for the period ended December 31, 2022, were as follows: ($ in thousands)Fair value
as of December 31, 2021Gross Additions
(a)Gross Reductions(b)Change in Unrealized Gains (Losses)Fair value
as of December 31, 2022Interest IncomeDividend IncomeOther IncomeControlled Affiliates AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC(d) $— $5 $— $(5)$— $— $— $—  AAM Series 2.1 Aviation Feeder, LLC(d) — 1,574 — (6)1,568 — — — Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)— 89,680 — — 89,680 — 201 —  ORCC Senior Loan Fund LLC (fka Sebago Lake LLC)(c) 247,061 118,125 (49,000)(27,205)288,981 — 33,673 — PS Operating Company LLC (fka QC Supply, LLC)19,495 2,979 (1,444)(669)20,361 1,375 — 9 Swipe Acquisition Corporation (dba PLI)108,061 4,284 (891)50,226 161,680 6,831 6,673 680 Wingspire Capital Holdings LLC242,163 201,107 (35,000)23,261 431,531 — 36,500 — Total Controlled Affiliates$616,780 $417,754 $(86,335)$45,602 $993,801 $8,206 $77,047 $689  ________________ (a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category. (b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities. (c)For further description of the Company's investment in ORCC Senior Loan Fund LLC (fka Sebago Lake LLC), see Note 4 "Investments." (d)In connection with its investment in AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, “Amergin Assetco”) the Company made a minority investment in Amergin Asset Management, LLC which has entered into a Servicing Agreement with Amergin Assetco.

[25] Investment is non-income producing.

[26] Securities acquired in transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”) and may be deemed to be “restricted securities” under the Securities Act. As of December 31, 2022, the aggregate fair value of these securities is $1.6 billion or27.6% of the Company’s net assets. The acquisition dates of the restricted securities are as follows: Portfolio CompanyInvestmentAcquisition DateAAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC**LLC InterestJuly 1, 2022AAM Series 2.1 Aviation Feeder, LLC**LLC InterestJuly 1, 2022Amergin Asset Management, LLCClass A UnitsJuly 1, 2022Accelerate topco Holdings, LLCCommon UnitsSeptember 1, 2022ASP Conair Holdings LPClass A UnitsMay 17, 2021Associations Finance, Inc.Preferred StockJune 10, 2022Windows EntitiesLLC UnitsJanuary 16, 2020BCTO WIW Holdings, Inc. (dba When I Work)Class A Common StockNovember 2, 2021BEHP Co-Investor II, L.P.LP InterestMay 11, 2022WP Irving Co-Invest, L.P.Partnership UnitsMay 18, 2022Blend Labs, Inc.WarrantsJuly 2, 2021Brooklyn Lender Co-Invest 2, L.P. (dba Boomi)Common UnitsOctober 1, 2021CD&R Value Building Partners I, L.P. (dba Belron)LP InterestDecember 2, 2021Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)**Class A UnitsJuly 18, 2022Denali Holding, LP (dba Summit Companies)Class A UnitsSeptember 15, 2021Dodge Construction Network Holdings, LPClass A-2 Common UnitsFebruary 23, 2022Dodge Construction Network Holdings, LPSeries A Preferred UnitsFebruary 23, 2022Elliott Alto Co-Investor Aggregator L.P.LP InterestSeptember 27, 2022Picard Holdco, LLCSeries A Preferred StockSeptember 30, 2022Evology, LLCClass B UnitsJanuary 24, 2022Evolution Parent, LP (dba SIAA)LP InterestApril 30, 2021Gloves Holdings, LP (dba Protective Industrial Products)LP InterestDecember 29, 2020GrowthCurve Capital Sunrise Co-Invest LP (dba Brightway)LP InterestDecember 16, 2021Hercules Buyer, LLC (dba The Vincit Group)Common UnitsDecember 15, 2020Hissho Sushi Holdings, LLCClass A unitsMay 17, 2022Insight CP (Blocker) Holdings, L.P. (dba CivicPlus, LLC)LP InterestJune 8, 2022Knockout Intermediate Holdings I Inc. (dba Kaseya)Perpetual Preferred StockJune 23, 2022KOBHG Holdings, L.P. (dba OB Hospitalist)Class A InterestsSeptember 27, 2021Maia Aggregator, LPClass A-2 UnitsFebruary 1, 2022H-Food Holdings, LLCLLC InterestNovember 23, 2018LSI Financing 1 DAC**Preferred equityDecember 14, 2022MessageBird Holding B.V.Extended Series C WarrantsMay 5, 2021Metis HoldCo, Inc. (dba Mavis Tire Express Services)Series A Convertible Preferred StockMay 4, 2021Minerva Holdco, Inc.Series A Preferred StockFebruary 15, 2022KPCI Holdings, L.P.Class A UnitsNovember 30, 2020Patriot Holdings SCSp (dba Corza Health, Inc.)Class B UnitsJanuary 29, 2021Patriot Holdings SCSp (dba Corza Health, Inc.)Class A UnitsJanuary 29, 2021PCF Holdco, LLC (dba PCF Insurance Services)Class A UnitsNovember 1, 2021Project Alpine Co-Invest Fund,
LPLP InterestJune 10, 2022Project Hotel California Co-Invest Fund, L.P. LP InterestAugust 9, 2022PS Op Holdings LLC (fka QC Supply, LLC)**Class A Common UnitsDecember 21, 2021Rhea Acquisition Holdings, LPSeries A-2 UnitsFebruary 18, 2022Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)*LLC InterestJune 20, 2017Space Exploration Technologies Corp.Class A Common StockMarch 25, 2021Space Exploration Technologies Corp.Class C Common StockMarch 25, 2021Sunshine Software Holdings, Inc. (dba Cornerstone OnDemand)Series A Preferred StockOctober 14, 2021New PLI Holdings, LLC (dba PLI)**Class A Common UnitsDecember 23, 2020 Portfolio CompanyInvestmentAcquisition DateThunder Topco L.P. (dba Vector Solutions)Common UnitsJune 30, 2021VEPF Torreys Aggregator, LLC (dba MINDBODY, Inc.)Series A Preferred StockOctober 15, 2021Wingspire Capital Holdings LLC**LLC InterestSeptember 24, 2019WMC Bidco, Inc. (dba West Monroe)Senior Preferred StockNovember 9, 2021Zoro TopCo, Inc. (dba Zendesk, Inc.)Series A Preferred StockNovember 22, 2022Zoro TopCo, L.P. (dba Zendesk, Inc.)Class A Common UnitsNovember 22, 2022 * Refer to Note 4 “Investments – ORCC Senior Loan Fund LLC,” for further information. ** Refer to Note 3 “Agreements and Related Party Transactions – Controlled/Affiliated Portfolio Companies”.

[27] The interest rate on these loans is subject to 1 month LIBOR, which as of December 31, 2022 was 4.39%.

[28] The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

[29] The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

[30] The interest rate on these loans is subject to 1 month SOFR, which as of December 31, 2022 was 4.36%.

[31] The interest rate on these loans is subject to 6 month LIBOR, which as of June 30, 2023 was 5.76%.

[32] The interest rate on these loans is subject to Prime, which as of June 30, 2023 was 8.25%.

[33] The interest rate on these loans is subject to 6 month SOFR, which as of June 30, 2023 was 5.39%.

[34] The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

[35] The interest rate on these loans is subject to 6 month SOFR, which as of December 31, 2022 was 4.78%.

[36] The interest rate on these loans is subject to 3 month SOFR, which as of December 31, 2022 was 4.59%.

[37] The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

[38] The interest rate on these loans is subject to 3 month LIBOR, which as of June 30, 2023 was 5.55%.

[39] Contains a fixed-rate structure.

[40] Contains a fixed-rate structure.

[41] Level 2 investment.

[42] Level 2 investment.

[43] The interest rate on this loan is subject to 6 month EURIBOR, which as of June 30, 2023 was 3.90%.

[44] The interest rate on this loan is subject to 6 month EURIBOR, which as of December 31, 2022 was 2.69%.

[45] The interest rate on this loan is subject to 3 month EURIBOR, which as of December 31, 2022 was 2.13%.

[46] The interest rate on this loan is subject to SONIA, which as of June 30, 2023 was 4.93%.

[47] The interest rate on this loan is subject to SONIA, which as of December 31, 2022 was 3.43%.

[48] The interest rate on these loans is subject to 1 month LIBOR, which as of June 30, 2023 was 5.22%.

[49] Investment is not pledged as collateral for the credit facilities.

[50] Level 1 investment.

[51] Level 1 investment.

[52] For further description of the Company's investment in Blue Owl Capital Corporation Senior Loan Fund (fka ORCC Senior Loan Fund), see Note 4 "Investments."

[53] Investment measured at net asset value (“NAV”).

[54] Loan was on non-accrual status as of June 30, 2023.

[55] Loan was on non-accrual status as of December 31, 2022.

[56] As defined in the 1940 Act, the Company is deemed to be an “affiliated person” of this portfolio company as the Company owns more than 5% but less than 25% of the portfolio company's voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“non-controlled affiliate”). Transactions related to investments in non-controlled affiliates for the period ended December 31, 2022 were as follows: ($ in thousands)Fair value
as of December 31, 2021Gross Additions
(a)Gross Reductions(b)Change in Unrealized Gains (Losses)Fair value
as of December 31, 2022Interest IncomeDividend IncomeOther IncomeLSI Financing 1 DAC— 6,224 — (49)6,175 — — — Total Non-Controlled Affiliates$— $6,224 $— $(49)$6,175 $— $— $—  ________________ (a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category. (b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities.

[57] We invest in this portfolio company through underlying blocker entities Hercules Blocker 1 LLC, Hercules Blocker 2 LLC, Hercules Blocker 3 LLC, Hercules Blocker 4 LLC, and Hercules Blocker 5 LLC.

[58] We invest in this portfolio company through underlying blocker entities Hercules Blocker 1 LLC, Hercules Blocker 2 LLC, Hercules Blocker 3 LLC, Hercules Blocker 4 LLC, and Hercules Blocker 5 LLC.

[59] The interest rate on this loan is subject to 3 month EURIBOR, which as of June 30, 2023 was 3.58%.

[60] As defined in the 1940 Act, the Company is deemed to be an “affiliated person” of this portfolio company as the Company owns more than 5% but less than 25% of the portfolio company's voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“non-controlled affiliate”). Transactions related to investments in non-controlled affiliates for the period ended June 30, 2023 were as follows: ($ in thousands)Fair value
as of December 31, 2022Gross Additions
(a)Gross Reductions(b)Change in Unrealized Gains (Losses)Fair value
as of June 30, 2023Interest IncomeDividend IncomeOther IncomeLSI Financing 1 DAC6,175 15,045 (1,589)(5)19,626 — 177 — Total Non-Controlled Affiliates$6,175 $15,045 $(1,589)$(5)$19,626 $— $177 $—  ________________ (a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category. (b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities.

[61] The interest rate on this loan is subject to 1 month EURIBOR, which as of June 30, 2023 was 3.40%.

[62] Investment measured at net asset value (“NAV”).

[63] For further description of the Company's investment in ORCC Senior Loan Fund LLC (fka Sebago Lake LLC), see Note 4 "Investments."

[64] The interest rate on these loans is subject to Prime, which as of December 31, 2022 was 7.50%.

[65] Investment represents multiple underlying investments, including Midwest Custom Windows, LLC, Greater Toronto Custom Windows, Corp., Garden State Custom Windows, LLC, Long Island Custom Windows, LLC, Jemico, LLC, Atlanta Custom Windows, LLC and Fairchester Custom Windows. Greater Toronto Custom Windows, Corp. is considered a non-qualifying asset, with a fair value of $9.9 million as of June 30, 2023.

[66] Investment represents multiple underlying investments, including Midwest Custom Windows, LLC, Greater Toronto Custom Windows, Corp., Garden State Custom Windows, LLC, Long Island Custom Windows, LLC, Jemico, LLC, Atlanta Custom Windows, LLC and Fairchester Custom Windows (collectively, “Windows Entities”). Greater Toronto Custom Windows, Corp. is considered a non-qualifying asset, with a fair value of $9.1 million as of December 31, 2022.

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Consolidated Schedule of Investments (Parenthetical) - USD ($)		3 Months Ended			6 Months Ended				12 Months Ended
		Jun. 30, 2023		Jun. 30, 2022	Jun. 30, 2023		Jun. 30, 2022		Dec. 31, 2022
Schedule of Investments [Line Items]
Basis spread, variable rate	[1],[2],[3],[4],[5]								7.00%
Unrealized gain (loss) for U.S. federal income tax purposes		$ (52,500,000)			$ (52,500,000)				$ (126,200,000)
Net change in unrealized gain (loss)					85,668,000		$ (238,306,000)
Cost for income tax purposes		12,900,000,000			12,900,000,000				13,100,000,000
Unrealized loss for U.S. federal income tax purposes		341,800,000			341,800,000				382,200,000
Unrealized gain for U.S. federal income tax purposes		289,300,000			289,300,000				256,000,000
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[6],[7],[8]				13,010,345,000
Net change in unrealized gain (loss)					85,668,000		(238,306,000)
Ending balance		12,892,943,000			12,892,943,000				13,010,345,000	[6],[7],[8]
Restricted investments, fair value		$ 1,900,000,000			$ 1,900,000,000				$ 1,600,000,000
Restricted investments as a percentage of net assets		31.90%			31.90%				27.60%
Non-qualifying assets as a percent of total assets		13.60%			13.60%				13.50%
Non-qualifying asset, fair value		$ 9,900,000			$ 9,900,000				$ 9,100,000
Non-controlled, affiliated investments
Schedule of Investments [Line Items]
Net change in unrealized gain (loss)		(4,000)		$ 0	(5,000)		0		(49,000)
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance					6,175,000		0		0
Gross Additions					15,045,000	[9]			6,224,000	[10]
Gross Reductions					(1,589,000)	[11]			0	[12]
Net change in unrealized gain (loss)		(4,000)		0	(5,000)		0		(49,000)
Ending balance		19,626,000			19,626,000				6,175,000
Interest income					0				0
Dividend income		177,000		0	177,000		0		0
Other income					0				0
Investment income from controlled, affiliated investments:
Schedule of Investments [Line Items]
Net change in unrealized gain (loss)		6,127,000		(3,636,000)	16,381,000		(15,394,000)		45,602,000
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance					993,801,000		616,780,000		616,780,000
Gross Additions					339,417,000	[13]			417,754,000	[14]
Gross Reductions					(26,845,000)	[15]			(86,335,000)	[16]
Net change in unrealized gain (loss)		6,127,000		(3,636,000)	16,381,000		(15,394,000)		45,602,000
Ending balance		1,322,754,000			1,322,754,000				993,801,000
Interest income					8,227,000				8,206,000
Dividend income		20,662,000		23,195,000	42,688,000		38,833,000		77,047,000
Other income		$ 186,000		$ 163,000	$ 578,000		325,000		$ 689,000
Investment, Identifier [Axis]: 3ES Innovation Inc. (dba Aucerna), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[18],[19]		6.50%	[17],[18],[19]			6.50%	[2],[3],[5],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[20]				$ 60,332,000
Ending balance		$ 60,323,000	[17],[18],[19]		$ 60,323,000	[17],[18],[19]			$ 60,332,000	[2],[3],[5],[20]
Investment, Identifier [Axis]: 3ES Innovation Inc. (dba Aucerna), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[19],[21],[22]		6.50%	[17],[19],[21],[22]			6.50%	[2],[3],[5],[20],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[20],[23]				$ 1,681,000
Ending balance		$ 1,700,000	[17],[19],[21],[22]		1,700,000	[17],[19],[21],[22]			$ 1,681,000	[2],[3],[5],[20],[23]
Investment, Identifier [Axis]: AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC
Schedule of Investments [Line Items]
Net change in unrealized gain (loss)					36,000	[24]			(5,000)	[25]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance					0	[24]	0	[25]	0	[25]
Gross Additions					6,115,000	[13],[24]			5,000	[14],[25]
Gross Reductions					(35,000)	[15],[24]			0	[16],[25]
Net change in unrealized gain (loss)					36,000	[24]			(5,000)	[25]
Ending balance	[24]	6,116,000			6,116,000				0
Interest income					0	[24]			0	[25]
Dividend income					0	[24]			0	[25]
Other income					0	[24]			0	[25]
Investment, Identifier [Axis]: AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC, LLC Interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[5],[23],[26],[27],[28]				0
Ending balance		6,116,000	[19],[21],[29],[30],[31],[32]		6,116,000	[19],[21],[29],[30],[31],[32]			0	[3],[5],[23],[26],[27],[28]
Investment, Identifier [Axis]: AAM Series 2.1 Aviation Feeder, LLC
Schedule of Investments [Line Items]
Net change in unrealized gain (loss)					0	[24]			(6,000)	[25]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance					1,568,000	[24]	0	[25]	0	[25]
Gross Additions					17,376,000	[13],[24]			1,574,000	[14],[25]
Gross Reductions					0	[15],[24]			0	[16],[25]
Net change in unrealized gain (loss)					0	[24]			(6,000)	[25]
Ending balance	[24]	18,944,000			18,944,000				1,568,000
Interest income					0	[24]			0	[25]
Dividend income					0	[24]			0	[25]
Other income					0	[24]			0	[25]
Investment, Identifier [Axis]: AAM Series 2.1 Aviation Feeder, LLC, LLC Interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[5],[23],[26],[27],[28]				1,568,000
Ending balance		$ 18,944,000	[19],[21],[29],[30],[31],[32]		$ 18,944,000	[19],[21],[29],[30],[31],[32]			$ 1,568,000	[3],[5],[23],[26],[27],[28]
Investment, Identifier [Axis]: ABB/Con-cise Optical Group LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.50%	[17],[18]		7.50%	[17],[18]			7.50%	[2],[3],[4]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4]				$ 67,247,000
Ending balance		$ 62,187,000	[17],[18]		62,187,000	[17],[18]			$ 67,247,000	[2],[3],[4]
Investment, Identifier [Axis]: ABB/Con-cise Optical Group LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[4],[23]								7.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4],[23]				6,704,000
Ending balance	[2],[3],[4],[23]								$ 6,704,000
Investment, Identifier [Axis]: ASP Conair Holdings LP, Class A Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				5,444,000
Ending balance		$ 5,736,000	[17],[30],[32]		$ 5,736,000	[17],[30],[32]			$ 5,444,000	[3],[27],[28]
Investment, Identifier [Axis]: Accela, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.50%	[22]		7.50%	[22]			7.50%	[2],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[33]				$ 27,521,000
Ending balance		$ 28,064,000	[22]		$ 28,064,000	[22]			$ 27,521,000	[2],[33]
Investment, Identifier [Axis]: Accela, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.50%	[21],[34]		7.50%	[21],[34]			7.00%	[2],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[23]				$ (30,000)
Ending balance		$ (15,000)	[21],[34]		(15,000)	[21],[34]			$ (30,000)	[2],[23]
Investment, Identifier [Axis]: Accelerate Topco Holdings, LLC, Common Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[30],[32]	$ 15,000			15,000
Investment, Identifier [Axis]: Accelerate topco Holdings, LLC, Common Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				$ 14,000
Ending balance	[3],[27],[28]								$ 14,000
Investment, Identifier [Axis]: Access CIG, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.75%	[17],[22]		7.75%	[17],[22]			7.75%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 58,465,000
Ending balance		$ 58,613,000	[17],[22]		$ 58,613,000	[17],[22]			$ 58,465,000	[2],[3],[33]
Investment, Identifier [Axis]: Adenza Group, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[21],[34],[35]	5.75%			5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[21],[34],[35]	$ 0			$ 0
Investment, Identifier [Axis]: Adenza Group, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[22]	5.75%			5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[22]	$ 199,718,000			$ 199,718,000
Investment, Identifier [Axis]: Adenza Group, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[21],[34]	5.75%			5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[21],[34]	$ 0			$ 0
Investment, Identifier [Axis]: Alera Group, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[22]		6.00%	[17],[22]			6.00%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 34,552,000
Ending balance		$ 34,638,000	[17],[22]		$ 34,638,000	[17],[22]			$ 34,552,000	[2],[3],[36]
Investment, Identifier [Axis]: AmSpec Group, Inc. (fka AmSpec Services Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[37]		5.75%	[17],[37]			5.75%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 108,306,000
Ending balance		$ 108,556,000	[17],[37]		$ 108,556,000	[17],[37]			$ 108,306,000	[2],[3],[20]
Investment, Identifier [Axis]: AmSpec Group, Inc. (fka AmSpec Services Inc.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		3.75%	[17],[21],[38]		3.75%	[17],[21],[38]			4.75%	[2],[3],[20],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23]				$ 2,965,000
Ending balance		$ 7,428,000	[17],[21],[38]		7,428,000	[17],[21],[38]			$ 2,965,000	[2],[3],[20],[23]
Investment, Identifier [Axis]: Amergin Asset Management, LLC, Class A Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[5],[27],[28]				0
Ending balance		$ 0	[17],[19],[30],[32]		$ 0	[17],[19],[30],[32]			$ 0	[3],[5],[27],[28]
Investment, Identifier [Axis]: AmeriLife Holdings LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[35],[39]		5.75%	[17],[21],[35],[39]			5.75%	[2],[3],[23],[40],[41]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[41]				$ 119,000
Ending balance		$ 119,000	[17],[21],[35],[39]		$ 119,000	[17],[21],[35],[39]			$ 119,000	[2],[3],[23],[40],[41]
Investment, Identifier [Axis]: AmeriLife Holdings LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[39]		5.75%	[17],[39]			5.75%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 715,000
Ending balance		$ 716,000	[17],[39]		$ 716,000	[17],[39]			$ 715,000	[2],[3],[42]
Investment, Identifier [Axis]: AmeriLife Holdings LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[39]		5.75%	[17],[21],[39]			5.75%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (2,000)
Ending balance		$ 14,000	[17],[21],[39]		$ 14,000	[17],[21],[39]			$ (2,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Anaplan, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[22]		6.50%	[17],[22]			6.50%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 134,744,000
Ending balance		$ 135,082,000	[17],[22]		$ 135,082,000	[17],[22]			$ 134,744,000	[2],[3],[36]
Investment, Identifier [Axis]: Anaplan, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[21],[34]		6.50%	[17],[21],[34]			6.50%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (24,000)
Ending balance		$ 0	[17],[21],[34]		$ 0	[17],[21],[34]			$ (24,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Apex Group Treasury LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[19],[44]	6.75%			6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[19],[44]	$ 43,375,000			$ 43,375,000
Investment, Identifier [Axis]: Apex Group Treasury, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[5],[20]								6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[20]				41,940,000
Ending balance	[2],[3],[5],[20]								$ 41,940,000
Investment, Identifier [Axis]: Apex Service Partners Intermediate 2, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[3],[45]								12.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[45]				47,666,000
Ending balance		$ 52,663,000	[17],[46]		52,663,000	[17],[46]			$ 47,666,000	[3],[45]
Investment, Identifier [Axis]: Apex Service Partners, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[40],[41]								5.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[40],[41]				$ 989,000
Ending balance	[2],[3],[40],[41]								$ 989,000
Investment, Identifier [Axis]: Apex Service Partners, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[18]	5.50%			5.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[18]	$ 987,000			$ 987,000
Investment, Identifier [Axis]: Apex Service Partners, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.25%	[17],[21]		5.25%	[17],[21]			5.25%	[2],[3],[23],[41]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[41]				$ 31,000
Ending balance		$ 0	[17],[21]		$ 0	[17],[21]			$ 31,000	[2],[3],[23],[41]
Investment, Identifier [Axis]: Apptio, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.00%	[17],[44]		5.00%	[17],[44]			6.00%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 50,916,000
Ending balance		$ 50,916,000	[17],[44]		$ 50,916,000	[17],[44]			$ 50,916,000	[2],[3],[20]
Investment, Identifier [Axis]: Apptio, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.00%	[17],[21],[44]		5.00%	[17],[21],[44]			6.00%	[2],[3],[20],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23]				$ 1,667,000
Ending balance		$ 834,000	[17],[21],[44]		$ 834,000	[17],[21],[44]			$ 1,667,000	[2],[3],[20],[23]
Investment, Identifier [Axis]: Aptive Environmental, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		12.00%	[31],[46]		12.00%	[31],[46]			12.00%	[3],[45]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[45]				$ 11,005,000
Ending balance		$ 11,877,000	[17],[46]		11,877,000	[17],[46]			$ 11,005,000	[3],[45]
Investment, Identifier [Axis]: Aramsco, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[33]								5.25%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				55,183,000
Ending balance	[2],[3],[33]								$ 55,183,000
Investment, Identifier [Axis]: Aramsco, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[23],[33]								5.25%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[33]				$ 1,655,000
Ending balance	[2],[3],[23],[33]								$ 1,655,000
Investment, Identifier [Axis]: Ardonagh Midco 2 PLC, Unsecured notes
Schedule of Investments [Line Items]
Basis spread, variable rate		11.50%	[19],[31],[46],[47]		11.50%	[19],[31],[46],[47]			11.50%	[3],[5],[45],[48]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[5],[45],[48]				$ 10,579,000
Ending balance		$ 10,970,000	[17],[19],[46],[47]		$ 10,970,000	[17],[19],[46],[47]			$ 10,579,000	[3],[5],[45],[48]
Investment, Identifier [Axis]: Ardonagh Midco 3 PLC, First lien senior secured EUR term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.25%	[17],[19],[49]		7.25%	[17],[19],[49]			7.00%	[2],[3],[5],[50]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[50]				$ 9,724,000
Ending balance		$ 9,966,000	[17],[19],[49]		$ 9,966,000	[17],[19],[49]			$ 9,724,000	[2],[3],[5],[50]
Investment, Identifier [Axis]: Ardonagh Midco 3 PLC, First lien senior secured GBP delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[19],[49]		5.75%	[17],[19],[49]			5.75%	[2],[3],[5],[40],[51]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[40],[51]				$ 9,729,000
Ending balance		$ 10,309,000	[17],[19],[49]		$ 10,309,000	[17],[19],[49]			$ 9,729,000	[2],[3],[5],[40],[51]
Investment, Identifier [Axis]: Ardonagh Midco 3 PLC, First lien senior secured GBP term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.25%	[17],[19],[52]		7.25%	[17],[19],[52]			7.00%	[2],[3],[5],[53]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[53]				$ 104,242,000
Ending balance		$ 110,173,000	[17],[19],[52]		$ 110,173,000	[17],[19],[52]			$ 104,242,000	[2],[3],[5],[53]
Investment, Identifier [Axis]: Ardonagh Midco 3 PLC, First lien senior secured USD term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[19],[39]		6.00%	[17],[19],[39]			5.75%	[2],[3],[4],[5]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4],[5]				$ 26,583,000
Ending balance		$ 26,650,000	[17],[19],[39]		$ 26,650,000	[17],[19],[39]			$ 26,583,000	[2],[3],[4],[5]
Investment, Identifier [Axis]: Armstrong Bidco Limited (dba The Access Group), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.25%	[17],[19],[21],[35],[52]		5.25%	[17],[19],[21],[35],[52]			5.25%	[2],[3],[5],[23],[40],[53]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[23],[40],[53]				$ 935,000
Ending balance		$ 1,125,000	[17],[19],[21],[35],[52]		$ 1,125,000	[17],[19],[21],[35],[52]			$ 935,000	[2],[3],[5],[23],[40],[53]
Investment, Identifier [Axis]: Armstrong Bidco Limited (dba The Access Group), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.25%	[17],[19],[52]		5.25%	[17],[19],[52]			5.25%	[2],[3],[5],[53]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[53]				$ 2,310,000
Ending balance		$ 2,454,000	[17],[19],[52]		$ 2,454,000	[17],[19],[52]			$ 2,310,000	[2],[3],[5],[53]
Investment, Identifier [Axis]: Aruba Investments Holdings LLC (dba Angus Chemical Company), Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.75%	[17],[54]		7.75%	[17],[54]			7.75%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 9,850,000
Ending balance		$ 8,800,000	[17],[54]		$ 8,800,000	[17],[54]			$ 9,850,000	[2],[3],[33]
Investment, Identifier [Axis]: Ascend Buyer, LLC (dba PPC Flexible Packaging), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.40%	[17],[18]		6.40%	[17],[18]			6.25%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 5,457,000
Ending balance		$ 5,470,000	[17],[18]		$ 5,470,000	[17],[18]			$ 5,457,000	[2],[3],[36]
Investment, Identifier [Axis]: Ascend Buyer, LLC (dba PPC Flexible Packaging), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.40%	[17],[21],[34]		6.40%	[17],[21],[34]			6.25%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (4,000)
Ending balance		$ 0	[17],[21],[34]		0	[17],[21],[34]			$ (4,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Associations Finance, Inc., Preferred Stock
Schedule of Investments [Line Items]
Basis spread, variable rate	[3],[28],[45]								12.00%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[28],[45]				55,641,000
Ending balance		$ 59,631,000	[17],[32],[46]		$ 59,631,000	[17],[32],[46]			$ 55,641,000	[3],[28],[45]
Investment, Identifier [Axis]: Associations, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[18],[21],[31],[35]		6.50%	[18],[21],[31],[35]			6.50%	[2],[3],[23],[40],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[42]				$ 3,590,000
Ending balance		$ 31,870,000	[17],[18],[21],[35]		$ 31,870,000	[17],[18],[21],[35]			$ 3,590,000	[2],[3],[23],[40],[42]
Investment, Identifier [Axis]: Associations, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[18]		6.50%	[17],[18]			6.50%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 385,414,000
Ending balance		$ 358,569,000	[17],[18]		$ 358,569,000	[17],[18]			$ 385,414,000	[2],[3],[42]
Investment, Identifier [Axis]: Associations, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[21],[34]		6.50%	[17],[21],[34]			4.00%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (82,000)
Ending balance		$ (247,000)	[17],[21],[34]		$ (247,000)	[17],[21],[34]			$ (82,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Aviation Solutions Midco, LLC (dba STS Aviation), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.25%	[17],[22]		7.25%	[17],[22]			7.25%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 205,233,000
Ending balance		$ 210,636,000	[17],[22]		210,636,000	[17],[22]			$ 205,233,000	[2],[3],[20]
Investment, Identifier [Axis]: AxiomSL Group, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[23],[40],[43]								5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				(42,000)
Ending balance	[2],[3],[23],[40],[43]								$ (42,000)
Investment, Identifier [Axis]: AxiomSL Group, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[33]								5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				197,726,000
Ending balance	[2],[3],[33]								$ 197,726,000
Investment, Identifier [Axis]: AxiomSL Group, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[23],[43]								5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (273,000)
Ending balance	[2],[3],[23],[43]								$ (273,000)
Investment, Identifier [Axis]: BCPE Nucleon (DE) SPV, LP, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[19],[37]		7.00%	[17],[19],[37]			7.00%	[2],[3],[4],[5]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4],[5]				$ 189,303,000
Ending balance		$ 189,778,000	[17],[19],[37]		$ 189,778,000	[17],[19],[37]			$ 189,303,000	[2],[3],[4],[5]
Investment, Identifier [Axis]: BCPE Osprey Buyer, Inc. (dba PartsSource), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[34],[35]		5.75%	[17],[21],[34],[35]			5.75%	[2],[3],[23],[40],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				$ (315,000)
Ending balance		$ (175,000)	[17],[21],[34],[35]		$ (175,000)	[17],[21],[34],[35]			$ (315,000)	[2],[3],[23],[40],[43]
Investment, Identifier [Axis]: BCPE Osprey Buyer, Inc. (dba PartsSource), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[44]		5.75%	[17],[44]			5.75%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 110,371,000
Ending balance		$ 110,375,000	[17],[44]		$ 110,375,000	[17],[44]			$ 110,371,000	[2],[3],[20]
Investment, Identifier [Axis]: BCPE Osprey Buyer, Inc. (dba PartsSource), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[44]		5.75%	[17],[21],[44]			5.75%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (267,000)
Ending balance		$ 4,271,000	[17],[21],[44]		$ 4,271,000	[17],[21],[44]			$ (267,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: BCPE Watson (DE) ORML, LP, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[19],[39],[55]		6.50%	[17],[19],[39],[55]			6.50%	[1],[2],[3],[5],[41]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[1],[2],[3],[5],[41]				$ 14,850,000
Ending balance		$ 14,925,000	[17],[19],[39],[55]		14,925,000	[17],[19],[39],[55]			$ 14,850,000	[1],[2],[3],[5],[41]
Investment, Identifier [Axis]: BCTO BSI Buyer, Inc. (dba Buildertrend), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[42]								8.00%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				52,752,000
Ending balance		$ 55,101,000	[17],[18]		$ 55,101,000	[17],[18]			$ 52,752,000	[2],[3],[42]
Investment, Identifier [Axis]: BCTO BSI Buyer, Inc. (dba Buildertrend), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[21],[34]		7.00%	[17],[21],[34]			8.00%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ 0
Ending balance		$ 0	[17],[21],[34]		0	[17],[21],[34]			$ 0	[2],[3],[23],[43]
Investment, Identifier [Axis]: BCTO WIW Holdings, Inc. (dba When I Work), Class A Common Stock
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				1,171,000
Ending balance		1,171,000	[17],[30],[32]		1,171,000	[17],[30],[32]			1,171,000	[3],[27],[28]
Investment, Identifier [Axis]: BEHP Co-Investor II, L.P., LP Interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[5],[27],[28]				1,270,000
Ending balance		$ 1,325,000	[17],[19],[30],[32]		1,325,000	[17],[19],[30],[32]			$ 1,270,000	[3],[5],[27],[28]
Investment, Identifier [Axis]: BP Veraison Buyer, LLC (dba Sun World), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[23],[40],[43]								5.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				$ 0
Ending balance	[2],[3],[23],[40],[43]								$ 0
Investment, Identifier [Axis]: BP Veraison Buyer, LLC (dba Sun World), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[18]		5.50%	[17],[18]			5.50%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 68,169,000
Ending balance		$ 67,993,000	[17],[18]		$ 67,993,000	[17],[18]			$ 68,169,000	[2],[3],[20]
Investment, Identifier [Axis]: BP Veraison Buyer, LLC (dba Sun World), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[21],[34]		5.50%	[17],[21],[34]			5.50%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (65,000)
Ending balance		$ (44,000)	[17],[21],[34]		$ (44,000)	[17],[21],[34]			$ (65,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Balrog Acquisition, Inc. (dba Bakemark), Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[18]		7.00%	[17],[18]			7.00%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 21,780,000
Ending balance		$ 21,780,000	[17],[18]		21,780,000	[17],[18]			$ 21,780,000	[2],[3],[20]
Investment, Identifier [Axis]: Bayshore Intermediate #2, L.P. (dba Boomi), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[33]								7.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				90,973,000
Ending balance		$ 97,530,000	[17],[18]		$ 97,530,000	[17],[18]			$ 90,973,000	[2],[3],[33]
Investment, Identifier [Axis]: Bayshore Intermediate #2, L.P. (dba Boomi), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[18],[21]		6.50%	[17],[18],[21]			6.75%	[2],[3],[23],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[33]				$ 2,168,000
Ending balance		$ 1,280,000	[17],[18],[21]		$ 1,280,000	[17],[18],[21]			$ 2,168,000	[2],[3],[23],[33]
Investment, Identifier [Axis]: Blackhawk Network Holdings, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[44]		7.00%	[17],[44]			7.00%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 105,869,000
Ending balance		$ 106,134,000	[17],[44]		106,134,000	[17],[44]			$ 105,869,000	[2],[3],[20]
Investment, Identifier [Axis]: Blend Labs, Inc., Common stock
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[56]				104,000
Ending balance		$ 68,000	[17],[30],[57]		$ 68,000	[17],[30],[57]			$ 104,000	[3],[27],[56]
Investment, Identifier [Axis]: Blend Labs, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.50%	[17],[22]		7.50%	[17],[22]			7.50%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 66,319,000
Ending balance		$ 65,813,000	[17],[22]		$ 65,813,000	[17],[22]			$ 66,319,000	[2],[3],[36]
Investment, Identifier [Axis]: Blend Labs, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.50%	[17],[21],[34]		7.50%	[17],[21],[34]			7.50%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (131,000)
Ending balance		$ (188,000)	[17],[21],[34]		(188,000)	[17],[21],[34]			$ (131,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Blend Labs, Inc., Warrants
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				5,000
Ending balance		1,000	[17],[30],[32]		1,000	[17],[30],[32]			5,000	[3],[27],[28]
Investment, Identifier [Axis]: Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)(c)
Schedule of Investments [Line Items]
Net change in unrealized gain (loss)	[58]				8,947,000
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[58]				288,981,000
Gross Additions	[13],[58]				75,250,000
Gross Reductions	[15],[58]				(8,750,000)
Net change in unrealized gain (loss)	[58]				8,947,000
Ending balance	[58]	364,428,000			364,428,000				$ 288,981,000
Interest income	[58]				0
Dividend income	[58]				20,659,000
Other income	[58]				0
Investment, Identifier [Axis]: Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC), LLC Interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[19],[29],[32],[55],[59]	$ 364,428,000			364,428,000
Investment, Identifier [Axis]: Bracket Intermediate Holding Corp., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20]								4.25%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				487,000
Ending balance	[2],[3],[20]								$ 487,000
Investment, Identifier [Axis]: Bracket Intermediate Holding Corp., Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20]								8.13%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 25,200,000
Ending balance	[2],[3],[20]								$ 25,200,000
Investment, Identifier [Axis]: BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[18]		6.25%	[17],[18]			6.25%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 133,104,000
Ending balance		$ 132,753,000	[17],[18]		$ 132,753,000	[17],[18]			$ 133,104,000	[2],[3],[42]
Investment, Identifier [Axis]: BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[18],[21]		6.25%	[17],[18],[21]			6.25%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (54,000)
Ending balance		$ 2,277,000	[17],[18],[21]		$ 2,277,000	[17],[18],[21]			$ (54,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Brightway Holdings, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[18]		6.50%	[17],[18]			6.50%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 26,108,000
Ending balance		$ 25,976,000	[17],[18]		$ 25,976,000	[17],[18]			$ 26,108,000	[2],[3],[33]
Investment, Identifier [Axis]: Brightway Holdings, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[18],[21]		6.50%	[17],[18],[21]			6.50%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (63,000)
Ending balance		$ 1,516,000	[17],[18],[21]		1,516,000	[17],[18],[21]			$ (63,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Brooklyn Lender Co-Invest 2, L.P. (dba Boomi), Common Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				7,378,000
Ending balance		7,707,000	[17],[30],[32]		7,707,000	[17],[30],[32]			7,378,000	[3],[27],[28]
Investment, Identifier [Axis]: CD&R Value Building Partners I, L.P. (dba Belron), LP Interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[5],[27],[28]				33,955,000
Ending balance		$ 35,154,000	[17],[19],[30],[32]		$ 35,154,000	[17],[19],[30],[32]			$ 33,955,000	[3],[5],[27],[28]
Investment, Identifier [Axis]: CIBT Global, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.25%	[17],[18],[60]		5.25%	[17],[18],[60]			5.25%	[2],[3],[20],[61]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[61]				$ 470,000
Ending balance		$ 582,000	[17],[18],[60]		582,000	[17],[18],[60]			$ 470,000	[2],[3],[20],[61]
Investment, Identifier [Axis]: CIBT Global, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20],[61]								7.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[61]				6,048,000
Ending balance		6,049,000	[17],[18],[60]		6,049,000	[17],[18],[60]			$ 6,048,000	[2],[3],[20],[61]
Investment, Identifier [Axis]: CP PIK DEBT ISSUER, LLC (dba CivicPlus, LLC), Unsecured notes
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[41]								11.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[41]				17,569,000
Ending balance		$ 19,489,000	[17],[39]		$ 19,489,000	[17],[39]			$ 17,569,000	[2],[3],[41]
Investment, Identifier [Axis]: CSC MKG Topco LLC (dba Medical Knowledge Group), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[22]	5.75%			5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[22]	$ 1,249,000			$ 1,249,000
Investment, Identifier [Axis]: CSC Mkg Topco LLC (dba Medical Knowledge Group), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[33]								5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 1,246,000
Ending balance	[2],[3],[33]								$ 1,246,000
Investment, Identifier [Axis]: Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[18],[21],[35]	5.50%			5.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[18],[21],[35]	$ 2,168,000			$ 2,168,000
Investment, Identifier [Axis]: Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[18]	5.50%			5.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[18]	$ 9,868,000			$ 9,868,000
Investment, Identifier [Axis]: Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[21],[22]	5.50%			5.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[21],[22]	$ 666,000			$ 666,000
Investment, Identifier [Axis]: Centrify Corporation, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[18]		5.75%	[17],[18]			6.00%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 65,401,000
Ending balance		$ 65,399,000	[17],[18]		$ 65,399,000	[17],[18]			$ 65,401,000	[2],[3],[20]
Investment, Identifier [Axis]: Centrify Corporation, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[34]		5.75%	[17],[21],[34]			6.00%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 6,732,000
Ending balance		$ (51,000)	[17],[21],[34]		(51,000)	[17],[21],[34]			$ 6,732,000	[2],[3],[20]
Investment, Identifier [Axis]: Chapford SMA Partnership, L.P.
Schedule of Investments [Line Items]
Net change in unrealized gain (loss)									(49,000)
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance					$ 6,175,000		0		0
Gross Additions	[10]								6,224,000
Gross Reductions	[12]								0
Net change in unrealized gain (loss)									(49,000)
Ending balance									6,175,000
Interest income									0
Dividend income									0
Other income									$ 0
Investment, Identifier [Axis]: Circana Group, L.P. (fka The NPD Group, L.P.), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[22]	6.25%			6.25%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[22]	$ 23,636,000			$ 23,636,000
Investment, Identifier [Axis]: Circana Group, L.P. (fka The NPD Group, L.P.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[21],[22]	5.75%			5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[21],[22]	$ 102,000			$ 102,000
Investment, Identifier [Axis]: CivicPlus, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.75%	[31],[44]		6.75%	[31],[44]			6.75%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 34,606,000
Ending balance		$ 35,133,000	[17],[44]		$ 35,133,000	[17],[44]			$ 34,606,000	[2],[3],[20]
Investment, Identifier [Axis]: CivicPlus, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[21],[54]		6.00%	[17],[21],[54]			6.25%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (7,000)
Ending balance		$ 486,000	[17],[21],[54]		$ 486,000	[17],[21],[54]			$ (7,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Conair Holdings LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[44]	7.50%			7.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[44]	$ 176,250,000			$ 176,250,000
Investment, Identifier [Axis]: Conair Holdings, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20]								7.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 170,626,000
Ending balance	[2],[3],[20]								$ 170,626,000
Investment, Identifier [Axis]: Confluent Medical Technologies, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[18]		6.50%	[17],[18]			6.50%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 948,000
Ending balance		$ 983,000	[17],[18]		$ 983,000	[17],[18]			$ 948,000	[2],[3],[42]
Investment, Identifier [Axis]: Cornerstone OnDemand, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[18]		6.50%	[17],[18]			6.50%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 111,200,000
Ending balance		$ 108,883,000	[17],[18]		$ 108,883,000	[17],[18]			$ 111,200,000	[2],[3],[33]
Investment, Identifier [Axis]: Coupa Holdings, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[21],[34],[35]	7.50%			7.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[21],[34],[35]	$ (1,000)			$ (1,000)
Investment, Identifier [Axis]: Coupa Holdings, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[22]	7.50%			7.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[22]	$ 766,000			$ 766,000
Investment, Identifier [Axis]: Coupa Holdings, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[21],[34]	7.50%			7.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[21],[34]	$ (1,000)			$ (1,000)
Investment, Identifier [Axis]: Covetrus Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		9.25%	[17],[18]		9.25%	[17],[18]			9.25%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 4,898,000
Ending balance		$ 4,838,000	[17],[18]		$ 4,838,000	[17],[18]			$ 4,898,000	[2],[3],[42]
Investment, Identifier [Axis]: Delta TopCo, Inc. (dba Infoblox, Inc.), Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.25%	[17],[39]		7.25%	[17],[39]			7.25%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 13,950,000
Ending balance		$ 14,550,000	[17],[39]		14,550,000	[17],[39]			$ 13,950,000	[2],[3],[42]
Investment, Identifier [Axis]: Denali BuyerCo, LLC (dba Summit Companies), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20],[23],[40]								5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23],[40]				$ 8,147,000
Ending balance	[2],[3],[20],[23],[40]								$ 8,147,000
Investment, Identifier [Axis]: Denali BuyerCo, LLC (dba Summit Companies), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[44]		5.75%	[17],[44]			5.75%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 42,905,000
Ending balance		$ 52,753,000	[17],[44]		$ 52,753,000	[17],[44]			$ 42,905,000	[2],[3],[20]
Investment, Identifier [Axis]: Denali BuyerCo, LLC (dba Summit Companies), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[34]		5.75%	[17],[21],[34]			5.75%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (30,000)
Ending balance		$ (15,000)	[17],[21],[34]		(15,000)	[17],[21],[34]			$ (30,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Denali Holding, LP (dba Summit Companies), Class A Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				4,344,000
Ending balance		$ 4,649,000	[17],[30],[32]		4,649,000	[17],[30],[32]			$ 4,344,000	[3],[27],[28]
Investment, Identifier [Axis]: Diagnostic Service Holdings, Inc. (dba Rayus Radiology), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[33]								5.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 988,000
Ending balance	[2],[3],[33]								$ 988,000
Investment, Identifier [Axis]: Diagnostic Services Holdings, Inc. (dba Rayus Radiology), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[22]	5.50%			5.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[22]	$ 989,000			$ 989,000
Investment, Identifier [Axis]: Diamondback Acquisition, Inc. (dba Sphera), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[21],[34],[35]		5.50%	[17],[21],[34],[35]			5.50%	[2],[3],[23],[40],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				$ 0
Ending balance		$ (5,000)	[17],[21],[34],[35]		$ (5,000)	[17],[21],[34],[35]			$ 0	[2],[3],[23],[40],[43]
Investment, Identifier [Axis]: Diamondback Acquisition, Inc. (dba Sphera), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[22]		5.50%	[17],[22]			5.50%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 4,068,000
Ending balance		$ 4,027,000	[17],[22]		4,027,000	[17],[22]			$ 4,068,000	[2],[3],[33]
Investment, Identifier [Axis]: Dodge Construction Network Holdings, L.P., Class A-2 Common Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[30],[32]	$ 1,533,000			$ 1,533,000
Investment, Identifier [Axis]: Dodge Construction Network Holdings, L.P., Series A Preferred Units
Schedule of Investments [Line Items]
Basis spread, variable rate	[31],[32]	8.25%			8.25%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[32]	$ 45,000			$ 45,000
Investment, Identifier [Axis]: Dodge Construction Network Holdings, LP, Class A-2 Common Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				1,855,000
Ending balance	[3],[27],[28]								$ 1,855,000
Investment, Identifier [Axis]: Dodge Construction Network Holdings, LP, Series A Preferred Units
Schedule of Investments [Line Items]
Basis spread, variable rate	[3],[28],[45]								8.25%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[28],[45]				$ 45,000
Ending balance	[3],[28],[45]								$ 45,000
Investment, Identifier [Axis]: Douglas Products and Packaging Company LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[18]		7.00%	[17],[18]			7.00%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 18,501,000
Ending balance		$ 18,501,000	[17],[18]		$ 18,501,000	[17],[18]			$ 18,501,000	[2],[3],[36]
Investment, Identifier [Axis]: Douglas Products and Packaging Company LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[21],[38]		6.00%	[17],[21],[38]			7.00%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (24,000)
Ending balance		$ 232,000	[17],[21],[38]		$ 232,000	[17],[21],[38]			$ (24,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: EET Buyer, Inc. (dba e-Emphasys), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[18]		6.50%	[17],[18]			5.25%	[2],[3],[4]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4]				$ 4,511,000
Ending balance		$ 4,489,000	[17],[18]		$ 4,489,000	[17],[18]			$ 4,511,000	[2],[3],[4]
Investment, Identifier [Axis]: EET Buyer, Inc. (dba e-Emphasys), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[21],[34]		6.50%	[17],[21],[34]			5.25%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ 0
Ending balance		$ 0	[17],[21],[34]		$ 0	[17],[21],[34]			$ 0	[2],[3],[23],[43]
Investment, Identifier [Axis]: Eagle Infrastructure Services, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[18],[29]	7.50%			7.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[18],[29]	$ 85,785,000			$ 85,785,000
Investment, Identifier [Axis]: Eagle Infrastructure Super Holdco LLC, Common Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[29],[30],[32]	24,058,000			24,058,000
Investment, Identifier [Axis]: Eagle Infrastructure Super Llc
Schedule of Investments [Line Items]
Net change in unrealized gain (loss)					(64,000)
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance					0
Gross Additions	[13]				109,909,000
Gross Reductions	[15]				(2,000)
Net change in unrealized gain (loss)					(64,000)
Ending balance		109,843,000			109,843,000				0
Interest income					2,976,000
Dividend income					0
Other income					2,000
Investment, Identifier [Axis]: Elliott Alto Co-Investor Aggregator L.P., LP Interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[5],[27],[28]				3,133,000
Ending balance		$ 2,970,000	[19],[30],[31],[32]		$ 2,970,000	[19],[30],[31],[32]			$ 3,133,000	[3],[5],[27],[28]
Investment, Identifier [Axis]: Endries Acquisition, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[22]		6.25%	[17],[22]			6.25%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 237,607,000
Ending balance		$ 236,381,000	[17],[22]		$ 236,381,000	[17],[22]			$ 237,607,000	[2],[3],[42]
Investment, Identifier [Axis]: Engage Debtco Limited, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.90%	[17],[18],[19]		5.90%	[17],[18],[19]			5.75%	[2],[3],[5],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[42]				$ 978,000
Ending balance		$ 983,000	[17],[18],[19]		$ 983,000	[17],[18],[19]			$ 978,000	[2],[3],[5],[42]
Investment, Identifier [Axis]: Entertainment Benefits Group, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		4.75%	[17],[22]		4.75%	[17],[22]			4.75%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 862,000
Ending balance		$ 858,000	[17],[22]		$ 858,000	[17],[22]			$ 862,000	[2],[3],[36]
Investment, Identifier [Axis]: Entertainment Benefits Group, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		4.75%	[17],[21],[22]		4.75%	[17],[21],[22]			4.75%	[2],[3],[23],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[36]				$ 89,000
Ending balance		$ 22,000	[17],[21],[22]		22,000	[17],[21],[22]			$ 89,000	[2],[3],[23],[36]
Investment, Identifier [Axis]: Evology, LLC, Class B Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				2,771,000
Ending balance		$ 2,974,000	[17],[30],[32]		$ 2,974,000	[17],[30],[32]			$ 2,771,000	[3],[27],[28]
Investment, Identifier [Axis]: Evolution BuyerCo, Inc. (dba SIAA), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[18]		6.25%	[17],[18]			6.25%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 139,589,000
Ending balance		$ 139,588,000	[17],[18]		$ 139,588,000	[17],[18]			$ 139,589,000	[2],[3],[42]
Investment, Identifier [Axis]: Evolution BuyerCo, Inc. (dba SIAA), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[21],[34]		6.25%	[17],[21],[34]			6.25%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (161,000)
Ending balance		$ (107,000)	[17],[21],[34]		(107,000)	[17],[21],[34]			$ (161,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Evolution Parent, LP (dba SIAA), LP Interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				4,284,000
Ending balance		4,793,000	[17],[30],[32]		4,793,000	[17],[30],[32]			$ 4,284,000	[3],[27],[28]
Investment, Identifier [Axis]: Ex Vivo Parent Inc. (dba OB Hospitalist), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20]								9.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				56,509,000
Ending balance		$ 60,462,000	[17],[44]		60,462,000	[17],[44]			$ 56,509,000	[2],[3],[20]
Investment, Identifier [Axis]: FR Arsenal Holdings II Corp. (dba Applied-Cleveland Holdings, Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[33],[61]								9.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[33],[61]				$ 103,104,000
Ending balance	[2],[33],[61]								$ 103,104,000
Investment, Identifier [Axis]: Feradyne Outdoors, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[18]		6.25%	[17],[18]			6.25%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 84,726,000
Ending balance		$ 69,846,000	[17],[18]		69,846,000	[17],[18]			$ 84,726,000	[2],[3],[36]
Investment, Identifier [Axis]: Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)
Schedule of Investments [Line Items]
Net change in unrealized gain (loss)					0				0
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance					89,680,000		0		0
Gross Additions					21,554,000	[13]			89,680,000	[14]
Gross Reductions					0	[15]			0	[16]
Net change in unrealized gain (loss)					0				0
Ending balance		111,234,000			111,234,000				89,680,000
Interest income					0				0
Dividend income					1,360,000				201,000
Other income					0				0
Investment, Identifier [Axis]: Fifth Season Investments LLC, Class A Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[1],[3],[27],[28],[62]				89,680,000
Ending balance		$ 111,234,000	[17],[29],[32]		$ 111,234,000	[17],[29],[32]			$ 89,680,000	[1],[3],[27],[28],[62]
Investment, Identifier [Axis]: Forescout Technologies, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		9.00%	[17],[21],[34],[35]		9.00%	[17],[21],[34],[35]			8.00%	[2],[3],[23],[40],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				$ 0
Ending balance		$ 0	[17],[21],[34],[35]		0	[17],[21],[34],[35]			$ 0	[2],[3],[23],[40],[43]
Investment, Identifier [Axis]: Forescout Technologies, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20]								9.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				103,490,000
Ending balance		$ 109,178,000	[17],[44]		$ 109,178,000	[17],[44]			$ 103,490,000	[2],[3],[20]
Investment, Identifier [Axis]: Forescout Technologies, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		8.50%	[17],[21],[34]		8.50%	[17],[21],[34]			8.50%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ 0
Ending balance		$ 0	[17],[21],[34]		0	[17],[21],[34]			$ 0	[2],[3],[23],[43]
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[23],[40]								5.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40]				$ 0
Ending balance	[2],[3],[23],[40]								$ 0
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[18]		5.50%	[17],[18]			5.50%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 4,489,000
Ending balance		$ 4,502,000	[17],[18]		$ 4,502,000	[17],[18]			$ 4,489,000	[2],[3],[20]
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[18],[21]		5.50%	[17],[18],[21]			5.50%	[2],[3],[4],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4],[23]				$ 49,000
Ending balance		$ 51,000	[17],[18],[21]		$ 51,000	[17],[18],[21]			$ 49,000	[2],[3],[4],[23]
Investment, Identifier [Axis]: Foundation Consumer Brands, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[18]		6.25%	[17],[18]			5.50%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 3,447,000
Ending balance		$ 3,340,000	[17],[18]		3,340,000	[17],[18]			$ 3,447,000	[2],[3],[20]
Investment, Identifier [Axis]: Fullsteam Operations, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20],[23],[40]								7.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23],[40]				$ 5,994,000
Ending balance	[2],[3],[20],[23],[40]								$ 5,994,000
Investment, Identifier [Axis]: Fullsteam Operations, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[18]	7.50%			7.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[18]	$ 10,567,000			$ 10,567,000
Investment, Identifier [Axis]: GI Apple Midco LLC (dba Atlas Technical Consultants), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[21],[31],[34],[35]	6.75%			6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[21],[31],[34],[35]	$ (1,000)			$ (1,000)
Investment, Identifier [Axis]: GI Apple Midco LLC (dba Atlas Technical Consultants), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[22]	6.75%			6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[22]	$ 715,000			$ 715,000
Investment, Identifier [Axis]: GI Apple Midco LLC (dba Atlas Technical Consultants), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[21],[22],[31]	6.75%			6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[21],[22],[31]	$ 29,000			$ 29,000
Investment, Identifier [Axis]: GI Ranger Intermediate, LLC (dba Rectangle Health), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[18]		5.75%	[17],[18]			6.00%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 4,471,000
Ending balance		$ 4,482,000	[17],[18]		$ 4,482,000	[17],[18]			$ 4,471,000	[2],[3],[42]
Investment, Identifier [Axis]: GI Ranger Intermediate, LLC (dba Rectangle Health), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[18],[21]		5.75%	[17],[18],[21]			6.00%	[2],[3],[23],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[42]				$ 28,000
Ending balance		$ 141,000	[17],[18],[21]		141,000	[17],[18],[21]			$ 28,000	[2],[3],[23],[42]
Investment, Identifier [Axis]: Gainsight, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20]								6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				20,902,000
Ending balance		$ 22,214,000	[17],[44]		$ 22,214,000	[17],[44]			$ 20,902,000	[2],[3],[20]
Investment, Identifier [Axis]: Gainsight, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.75%	[17],[21],[22]		6.75%	[17],[21],[22]			6.25%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (50,000)
Ending balance		$ 2,364,000	[17],[21],[22]		$ 2,364,000	[17],[21],[22]			$ (50,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Galls, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.75%	[18],[31]		6.75%	[18],[31]			6.75%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 110,331,000
Ending balance		$ 111,449,000	[17],[18]		$ 111,449,000	[17],[18]			$ 110,331,000	[2],[3],[20]
Investment, Identifier [Axis]: Galls, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.75%	[17],[18],[21]		6.75%	[17],[18],[21]			6.75%	[2],[3],[20],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23]				$ 14,583,000
Ending balance		$ 14,389,000	[17],[18],[21]		$ 14,389,000	[17],[18],[21]			$ 14,583,000	[2],[3],[20],[23]
Investment, Identifier [Axis]: Gaylord Chemical Company, L.L.C., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[18]		6.00%	[17],[18]			6.50%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 151,106,000
Ending balance		$ 137,136,000	[17],[18]		$ 137,136,000	[17],[18]			$ 151,106,000	[2],[3],[20]
Investment, Identifier [Axis]: Gaylord Chemical Company, L.L.C., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[21],[34]		6.00%	[17],[21],[34]			6.00%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ 0
Ending balance		$ 0	[17],[21],[34]		$ 0	[17],[21],[34]			$ 0	[2],[3],[23],[43]
Investment, Identifier [Axis]: Genesis Acquisition Co. (dba Procare Software), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.00%	[17],[18]		5.00%	[17],[18]			3.75%	[2],[3],[4]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4]				$ 17,583,000
Ending balance		$ 17,804,000	[17],[18]		$ 17,804,000	[17],[18]			$ 17,583,000	[2],[3],[4]
Investment, Identifier [Axis]: Genesis Acquisition Co. (dba Procare Software), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.00%	[17],[18]		5.00%	[17],[18]			3.75%	[2],[3],[4]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4]				$ 2,584,000
Ending balance		$ 2,630,000	[17],[18]		$ 2,630,000	[17],[18]			$ 2,584,000	[2],[3],[4]
Investment, Identifier [Axis]: Gerson Lehrman Group, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.25%	[17],[18]		5.25%	[17],[18]			5.25%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 121,623,000
Ending balance		$ 120,990,000	[17],[18]		$ 120,990,000	[17],[18]			$ 121,623,000	[2],[3],[33]
Investment, Identifier [Axis]: Gerson Lehrman Group, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.25%	[17],[21],[22]		5.25%	[17],[21],[22]			5.25%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ 0
Ending balance		$ 10,782,000	[17],[21],[22]		$ 10,782,000	[17],[21],[22]			$ 0	[2],[3],[23],[43]
Investment, Identifier [Axis]: Global Music Rights, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[18]		5.75%	[17],[18]			5.50%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 7,425,000
Ending balance		$ 7,388,000	[17],[18]		$ 7,388,000	[17],[18]			$ 7,425,000	[2],[3],[20]
Investment, Identifier [Axis]: Global Music Rights, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[34]		5.75%	[17],[21],[34]			5.50%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ 0
Ending balance		$ 0	[17],[21],[34]		$ 0	[17],[21],[34]			$ 0	[2],[3],[23],[43]
Investment, Identifier [Axis]: Gloves Buyer, Inc. (dba Protective Industrial Products), Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		8.25%	[17],[22]		8.25%	[17],[22]			8.25%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 28,811,000
Ending balance		$ 28,811,000	[17],[22]		28,811,000	[17],[22]			$ 28,811,000	[2],[3],[33]
Investment, Identifier [Axis]: Gloves Holdings, LP (dba Protective Industrial Products), LP Interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				3,848,000
Ending balance		3,851,000	[30],[31],[32]		3,851,000	[30],[31],[32]			3,848,000	[3],[27],[28]
Investment, Identifier [Axis]: GoHealth, Inc., Common stock
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[56]				712,000
Ending balance		$ 1,343,000	[17],[30],[57]		1,343,000	[17],[30],[57]			$ 712,000	[3],[27],[56]
Investment, Identifier [Axis]: GovBrands Intermediate, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20],[23],[40]								5.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23],[40]				2,237,000
Ending balance	[2],[3],[20],[23],[40]								$ 2,237,000
Investment, Identifier [Axis]: GovBrands Intermediate, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20]								5.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				10,076,000
Ending balance	[2],[3],[20]								$ 10,076,000
Investment, Identifier [Axis]: GovBrands Intermediate, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20],[23]								5.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23]				678,000
Ending balance	[2],[3],[20],[23]								$ 678,000
Investment, Identifier [Axis]: Granicus, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[33],[40]								6.00%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33],[40]				$ 2,467,000
Ending balance	[2],[3],[33],[40]								$ 2,467,000
Investment, Identifier [Axis]: Granicus, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[18]		5.50%	[17],[18]			5.50%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 13,059,000
Ending balance		$ 15,612,000	[17],[18]		$ 15,612,000	[17],[18]			$ 13,059,000	[2],[3],[33]
Investment, Identifier [Axis]: Granicus, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[18],[21]		6.50%	[17],[18],[21]			6.50%	[2],[3],[23],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[33]				$ 369,000
Ending balance		$ 347,000	[17],[18],[21]		347,000	[17],[18],[21]			$ 369,000	[2],[3],[23],[33]
Investment, Identifier [Axis]: GrowthCurve Capital Sunrise Co-Invest LP (dba Brightway), LP Interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				632,000
Ending balance		$ 612,000	[17],[30],[32]		$ 612,000	[17],[30],[32]			$ 632,000	[3],[27],[28]
Investment, Identifier [Axis]: Guidehouse Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[22]		6.25%	[17],[22]			6.25%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 4,557,000
Ending balance		$ 4,557,000	[17],[22]		$ 4,557,000	[17],[22]			$ 4,557,000	[2],[3],[33]
Investment, Identifier [Axis]: H&F Opportunities LUX III S.À R.L (dba Checkmarx), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.50%	[17],[19],[22]		7.50%	[17],[19],[22]			7.50%	[2],[3],[5],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[33]				$ 51,567,000
Ending balance		$ 51,567,000	[17],[19],[22]		$ 51,567,000	[17],[19],[22]			$ 51,567,000	[2],[3],[5],[33]
Investment, Identifier [Axis]: H&F Opportunities LUX III S.À R.L (dba Checkmarx), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.50%	[17],[19],[21],[34]		7.50%	[17],[19],[21],[34]			7.50%	[2],[3],[5],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[23],[43]				$ 0
Ending balance		$ 0	[17],[19],[21],[34]		0	[17],[19],[21],[34]			$ 0	[2],[3],[5],[23],[43]
Investment, Identifier [Axis]: H-Food Holdings, LLC, LLC interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				9,337,000
Ending balance		$ 8,008,000	[17],[30],[32]		$ 8,008,000	[17],[30],[32]			$ 9,337,000	[3],[27],[28]
Investment, Identifier [Axis]: H-Food Holdings, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[44]		7.00%	[17],[44]			7.00%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 105,053,000
Ending balance		$ 95,613,000	[17],[44]		95,613,000	[17],[44]			$ 105,053,000	[2],[3],[33]
Investment, Identifier [Axis]: HGH Purchaser, Inc. (dba Horizon Services), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[23],[36]								6.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[36]				$ 38,284,000
Ending balance	[2],[3],[23],[36]								$ 38,284,000
Investment, Identifier [Axis]: HGH Purchaser, Inc. (dba Horizon Services), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[18]		6.50%	[17],[18]			6.50%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 145,650,000
Ending balance		$ 187,715,000	[17],[18]		$ 187,715,000	[17],[18]			$ 145,650,000	[2],[3],[36]
Investment, Identifier [Axis]: HGH Purchaser, Inc. (dba Horizon Services), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[18],[21]		6.50%	[17],[18],[21]			6.50%	[2],[3],[23],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[36]				$ 9,863,000
Ending balance		$ 16,300,000	[17],[18],[21]		$ 16,300,000	[17],[18],[21]			$ 9,863,000	[2],[3],[23],[36]
Investment, Identifier [Axis]: Helix Acquisition Holdings, Inc. (dba MW Industries), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[18]	7.00%			7.00%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[18]	$ 973,000			$ 973,000
Investment, Identifier [Axis]: Hercules Borrower, LLC (dba The Vincit Group), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[18]		6.25%	[17],[18]			6.50%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 176,447,000
Ending balance		$ 175,992,000	[17],[18]		$ 175,992,000	[17],[18]			$ 176,447,000	[2],[3],[20]
Investment, Identifier [Axis]: Hercules Borrower, LLC (dba The Vincit Group), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[18],[21]		6.25%	[17],[18],[21]			6.50%	[2],[3],[4],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4],[23]				$ 2,179,000
Ending balance		$ 2,231,000	[17],[18],[21]		2,231,000	[17],[18],[21]			$ 2,179,000	[2],[3],[4],[23]
Investment, Identifier [Axis]: Hercules Buyer, LLC (dba The Vincit Group), Common Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28],[63]				2,302,000
Ending balance		2,452,000	[17],[30],[32],[64]		2,452,000	[17],[30],[32],[64]			$ 2,302,000	[3],[27],[28],[63]
Investment, Identifier [Axis]: Hercules Buyer, LLC (dba The Vincit Group), Unsecured notes
Schedule of Investments [Line Items]
Basis spread, variable rate	[3],[45],[63]								0.48%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[45],[63]				5,160,000
Ending balance		5,772,000	[17],[46],[64]		5,772,000	[17],[46],[64]			$ 5,160,000	[3],[45],[63]
Investment, Identifier [Axis]: Hg Genesis 8 Sumoco Limited, Unsecured facility
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[5],[53]								6.00%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[53]				45,071,000
Ending balance		50,034,000	[17],[19],[52]		50,034,000	[17],[19],[52]			$ 45,071,000	[2],[3],[5],[53]
Investment, Identifier [Axis]: Hg Genesis 9 SumoCo Limited, Unsecured facility
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[5],[51]								7.00%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[51]				46,914,000
Ending balance		50,295,000	[17],[19],[65]		50,295,000	[17],[19],[65]			$ 46,914,000	[2],[3],[5],[51]
Investment, Identifier [Axis]: Hg Saturn Luchaco Limited, Unsecured facility
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[5],[53]								7.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[53]				118,706,000
Ending balance		132,432,000	[17],[19],[52]		132,432,000	[17],[19],[52]			$ 118,706,000	[2],[3],[5],[53]
Investment, Identifier [Axis]: Hissho Sushi Holdings, LLC, Class A units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				83,000
Ending balance		$ 91,000	[17],[30],[32]		$ 91,000	[17],[30],[32]			$ 83,000	[3],[27],[28]
Investment, Identifier [Axis]: Hissho Sushi Merger Sub LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[18]		5.50%	[17],[18]			5.75%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 899,000
Ending balance		$ 897,000	[17],[18]		$ 897,000	[17],[18]			$ 899,000	[2],[3],[42]
Investment, Identifier [Axis]: Hissho Sushi Merger Sub LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[18],[21]		5.50%	[17],[18],[21]			5.75%	[2],[3],[23],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[42]				$ 14,000
Ending balance		$ 5,000	[17],[18],[21]		$ 5,000	[17],[18],[21]			$ 14,000	[2],[3],[23],[42]
Investment, Identifier [Axis]: Hometown Food Company, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.00%	[17],[54]		5.00%	[17],[54]			5.00%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 14,560,000
Ending balance		$ 12,064,000	[17],[54]		$ 12,064,000	[17],[54]			$ 14,560,000	[2],[3],[33]
Investment, Identifier [Axis]: Hometown Food Company, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.00%	[17],[21],[34]		5.00%	[17],[21],[34]			5.00%	[2],[3],[23],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[33]				$ 847,000
Ending balance		$ 0	[17],[21],[34]		$ 0	[17],[21],[34]			$ 847,000	[2],[3],[23],[33]
Investment, Identifier [Axis]: Hyland Software, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[47],[54]		6.25%	[17],[47],[54]			6.25%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 14,630,000
Ending balance		$ 14,824,000	[17],[47],[54]		$ 14,824,000	[17],[47],[54]			$ 14,630,000	[2],[3],[33]
Investment, Identifier [Axis]: IG Investments Holdings, LLC (dba Insight Global), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[18]		6.00%	[17],[18]			6.00%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 49,758,000
Ending balance		$ 49,757,000	[17],[18]		$ 49,757,000	[17],[18]			$ 49,758,000	[2],[3],[33]
Investment, Identifier [Axis]: IG Investments Holdings, LLC (dba Insight Global), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[21],[34]		6.00%	[17],[21],[34]			6.00%	[2],[3],[23],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[33]				$ 1,540,000
Ending balance		$ (30,000)	[17],[21],[34]		(30,000)	[17],[21],[34]			$ 1,540,000	[2],[3],[23],[33]
Investment, Identifier [Axis]: Ideal Image Development, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[23],[40],[43]								6.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				$ (4,000)
Ending balance	[2],[3],[23],[40],[43]								$ (4,000)
Investment, Identifier [Axis]: Ideal Image Development, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[22]		6.50%	[17],[22]			6.50%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 11,474,000
Ending balance		$ 10,632,000	[17],[22]		$ 10,632,000	[17],[22]			$ 11,474,000	[2],[3],[36]
Investment, Identifier [Axis]: Ideal Image Development, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[22]		6.50%	[17],[22]			6.50%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (32,000)
Ending balance		$ 1,674,000	[17],[22]		$ 1,674,000	[17],[22]			$ (32,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Ideal Tridon Holdings, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.75%	[17],[39]		6.75%	[17],[39]			5.25%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 52,697,000
Ending balance		$ 26,549,000	[17],[39]		$ 26,549,000	[17],[39]			$ 52,697,000	[2],[3],[20]
Investment, Identifier [Axis]: Ideal Tridon Holdings, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.75%	[17],[21],[22]		6.75%	[17],[21],[22]			5.25%	[2],[3],[23],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[33]				$ 3,191,000
Ending balance		$ 655,000	[17],[21],[22]		$ 655,000	[17],[21],[22]			$ 3,191,000	[2],[3],[23],[33]
Investment, Identifier [Axis]: Imprivata, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[22]		6.25%	[17],[22]			6.25%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 860,000
Ending balance		$ 869,000	[17],[22]		869,000	[17],[22]			$ 860,000	[2],[3],[36]
Investment, Identifier [Axis]: Indigo Buyer, Inc. (dba Inovar Packaging Group), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[23],[40]								5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40]				$ 0
Ending balance	[2],[3],[23],[40]								$ 0
Investment, Identifier [Axis]: Indigo Buyer, Inc. (dba Inovar Packaging Group), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[18]		6.25%	[17],[18]			5.75%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 647,000
Ending balance		$ 893,000	[17],[18]		$ 893,000	[17],[18]			$ 647,000	[2],[3],[42]
Investment, Identifier [Axis]: Indigo Buyer, Inc. (dba Inovar Packaging Group), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[18],[21]		6.25%	[17],[18],[21]			5.75%	[2],[3],[23],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[42]				$ 17,000
Ending balance		$ 17,000	[17],[18],[21]		$ 17,000	[17],[18],[21]			$ 17,000	[2],[3],[23],[42]
Investment, Identifier [Axis]: Innovation Ventures HoldCo, LLC (dba 5 Hour Energy), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[22]		6.25%	[17],[22]			6.25%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 122,500,000
Ending balance		$ 122,814,000	[17],[22]		122,814,000	[17],[22]			$ 122,500,000	[2],[3],[36]
Investment, Identifier [Axis]: Inovalon Holdings, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[23],[40],[43]								5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				(237,000)
Ending balance	[2],[3],[23],[40],[43]								$ (237,000)
Investment, Identifier [Axis]: Inovalon Holdings, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20]								6.25%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				178,182,000
Ending balance	[2],[3],[20]								$ 178,182,000
Investment, Identifier [Axis]: Inovalon Holdings, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20]								10.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				94,102,000
Ending balance	[2],[3],[20]								$ 94,102,000
Investment, Identifier [Axis]: Insight CP (Blocker) Holdings, L.P. (dba CivicPlus, LLC), LP Interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[5],[27],[28]				1,230,000
Ending balance		$ 1,230,000	[19],[30],[31],[32]		$ 1,230,000	[19],[30],[31],[32]			$ 1,230,000	[3],[5],[27],[28]
Investment, Identifier [Axis]: Integrity Marketing Acquisition, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.80%	[17],[18]		5.80%	[17],[18]			5.80%	[2],[3],[4]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4]				$ 216,100,000
Ending balance		$ 215,526,000	[17],[18]		$ 215,526,000	[17],[18]			$ 216,100,000	[2],[3],[4]
Investment, Identifier [Axis]: Integrity Marketing Acquisition, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[34]		5.75%	[17],[21],[34]			6.50%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (37,000)
Ending balance		$ 0	[17],[21],[34]		$ 0	[17],[21],[34]			$ (37,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[18],[19]		6.50%	[17],[18],[19]			6.50%	[2],[3],[5],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[42]				$ 117,204,000
Ending balance		$ 115,733,000	[17],[18],[19]		$ 115,733,000	[17],[18],[19]			$ 117,204,000	[2],[3],[5],[42]
Investment, Identifier [Axis]: Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[18],[19],[21]		6.50%	[17],[18],[19],[21]			6.50%	[2],[3],[5],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[36]				$ 4,567,000
Ending balance		$ 3,468,000	[17],[18],[19],[21]		$ 3,468,000	[17],[18],[19],[21]			$ 4,567,000	[2],[3],[5],[36]
Investment, Identifier [Axis]: Interoperability Bidco, Inc. (dba Lyniate), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[18]		7.00%	[17],[18]			7.00%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 65,957,000
Ending balance		$ 65,459,000	[17],[18]		$ 65,459,000	[17],[18]			$ 65,957,000	[2],[3],[42]
Investment, Identifier [Axis]: Interoperability Bidco, Inc. (dba Lyniate), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[18],[21]		7.00%	[17],[18],[21]			7.00%	[2],[3],[23],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[42]				$ 1,499,000
Ending balance		$ 1,527,000	[17],[18],[21]		1,527,000	[17],[18],[21]			$ 1,499,000	[2],[3],[23],[42]
Investment, Identifier [Axis]: KOBHG Holdings, L.P. (dba OB Hospitalist), Class A Interests
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				6,196,000
Ending balance		6,196,000	[17],[30],[32]		6,196,000	[17],[30],[32]			6,196,000	[3],[27],[28]
Investment, Identifier [Axis]: KPCI Holdings, L.P., Class A Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				34,497,000
Ending balance		$ 35,112,000	[17],[30],[32]		$ 35,112,000	[17],[30],[32]			$ 34,497,000	[3],[27],[28]
Investment, Identifier [Axis]: KPSKY Acquisition, Inc. (dba BluSky), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[18]		5.50%	[17],[18]			5.50%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 4,817,000
Ending balance		$ 4,841,000	[17],[18]		4,841,000	[17],[18]			$ 4,817,000	[2],[3],[33]
Investment, Identifier [Axis]: KUSRP Intermediate, Inc. (dba U.S. Retirement and Benefits Partners), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[4]								9.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4]				34,482,000
Ending balance		$ 32,984,000	[17],[22]		$ 32,984,000	[17],[22]			$ 34,482,000	[2],[3],[4]
Investment, Identifier [Axis]: Kaseya Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[21],[22],[35]		6.25%	[17],[21],[22],[35]			5.75%	[2],[3],[23],[40],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				$ 0
Ending balance		$ 69,000	[17],[21],[22],[35]		$ 69,000	[17],[21],[22],[35]			$ 0	[2],[3],[23],[40],[43]
Investment, Identifier [Axis]: Kaseya Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[22]		6.25%	[17],[22]			5.75%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 18,544,000
Ending balance		$ 18,685,000	[17],[22]		$ 18,685,000	[17],[22]			$ 18,544,000	[2],[3],[42]
Investment, Identifier [Axis]: Kaseya Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[21],[22]		6.25%	[17],[21],[22]			5.75%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (11,000)
Ending balance		$ 281,000	[17],[21],[22]		281,000	[17],[21],[22]			$ (11,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Knockout Intermediate Holdings I Inc. (dba Kaseya Inc.), Perpetual Preferred Stock
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[32],[46]	15,688,000			15,688,000
Investment, Identifier [Axis]: Knockout Intermediate Holdings I Inc. (dba Kaseya), Perpetual Preferred Stock
Schedule of Investments [Line Items]
Basis spread, variable rate	[3],[28],[45]								11.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[28],[45]				13,825,000
Ending balance	[3],[28],[45]								$ 13,825,000
Investment, Identifier [Axis]: LSI Financing 1 DAC
Schedule of Investments [Line Items]
Net change in unrealized gain (loss)					(5,000)
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance					6,175,000
Gross Additions	[9]				15,045,000
Gross Reductions	[11]				(1,589,000)
Net change in unrealized gain (loss)					(5,000)
Ending balance		19,626,000			19,626,000				6,175,000
Interest income					0
Dividend income					177,000
Other income					0
Investment, Identifier [Axis]: LSI Financing 1 DAC, Preferred equity
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[5],[26],[27],[28]				6,175,000
Ending balance		$ 19,626,000	[17],[19],[32],[66]		19,626,000	[17],[19],[32],[66]			$ 6,175,000	[3],[5],[26],[27],[28]
Investment, Identifier [Axis]: Lazer Spot Holdings, Inc. (f/k/a Lazer Spot GB Holdings, Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[4]								5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4]				142,598,000
Ending balance	[2],[3],[4]								$ 142,598,000
Investment, Identifier [Axis]: Lazer Spot Holdings, Inc. (f/k/a Lazer Spot GB Holdings, Inc.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[23],[43]								5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ 0
Ending balance	[2],[3],[23],[43]								$ 0
Investment, Identifier [Axis]: Learning Care Group (US) No. 2 Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.50%	[17],[44],[47]		7.50%	[17],[44],[47]			7.50%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 25,822,000
Ending balance		$ 26,597,000	[17],[44],[47]		$ 26,597,000	[17],[44],[47]			$ 25,822,000	[2],[3],[20]
Investment, Identifier [Axis]: Lightbeam Bidco, Inc. (dba Lazer Spot), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[21],[31],[34],[35]	6.25%			6.25%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[21],[31],[34],[35]	$ 0			$ 0
Investment, Identifier [Axis]: Lightbeam Bidco, Inc. (dba Lazer Spot), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[18]	6.25%			6.25%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[18]	$ 3,887,000			$ 3,887,000
Investment, Identifier [Axis]: Lightbeam Bidco, Inc. (dba Lazer Spot), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[21],[34]	6.25%			6.25%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[21],[34]	$ (5,000)			$ (5,000)
Investment, Identifier [Axis]: Lignetics Investment Corp., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[23],[40],[43]								6.00%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				$ (78,000)
Ending balance	[2],[3],[23],[40],[43]								$ (78,000)
Investment, Identifier [Axis]: Lignetics Investment Corp., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[18]		6.00%	[17],[18]			6.00%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 30,438,000
Ending balance		$ 34,379,000	[17],[18]		$ 34,379,000	[17],[18]			$ 30,438,000	[2],[3],[20]
Investment, Identifier [Axis]: Lignetics Investment Corp., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[21],[39]		6.00%	[17],[21],[39]			6.00%	[2],[3],[23],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[33]				$ 2,729,000
Ending balance		$ 4,490,000	[17],[21],[39]		$ 4,490,000	[17],[21],[39]			$ 2,729,000	[2],[3],[23],[33]
Investment, Identifier [Axis]: LineStar Integrity Services LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.25%	[31],[39]		7.25%	[31],[39]			7.25%	[2],[3],[4]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4]				$ 53,768,000
Ending balance		$ 49,814,000	[31],[39]		$ 49,814,000	[31],[39]			$ 53,768,000	[2],[3],[4]
Investment, Identifier [Axis]: Litera Bidco LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.25%	[17],[22]		5.25%	[17],[22]			5.75%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 148,354,000
Ending balance		$ 147,756,000	[17],[22]		$ 147,756,000	[17],[22]			$ 148,354,000	[2],[3],[36]
Investment, Identifier [Axis]: Litera Bidco LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.25%	[17],[21],[34]		5.25%	[17],[21],[34]			5.75%	[2],[3],[20],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23]				$ 1,549,000
Ending balance		$ (14,000)	[17],[21],[34]		$ (14,000)	[17],[21],[34]			$ 1,549,000	[2],[3],[20],[23]
Investment, Identifier [Axis]: Lytx, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.75%	[17],[22]		6.75%	[17],[22]			6.75%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 70,472,000
Ending balance		$ 70,651,000	[17],[22]		$ 70,651,000	[17],[22]			$ 70,472,000	[2],[3],[36]
Investment, Identifier [Axis]: MHE Intermediate Holdings, LLC (dba OnPoint Group), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[18]		6.00%	[17],[18]			6.00%	[2],[3],[41]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[41]				$ 179,957,000
Ending balance		$ 179,950,000	[17],[18]		$ 179,950,000	[17],[18]			$ 179,957,000	[2],[3],[41]
Investment, Identifier [Axis]: MHE Intermediate Holdings, LLC (dba OnPoint Group), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[18],[21]		6.00%	[17],[18],[21]			6.00%	[2],[3],[23],[41]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[41]				$ 2,020,000
Ending balance		$ 3,962,000	[17],[18],[21]		$ 3,962,000	[17],[18],[21]			$ 2,020,000	[2],[3],[23],[41]
Investment, Identifier [Axis]: MINDBODY, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[54]		7.00%	[17],[54]			7.00%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 67,637,000
Ending balance		$ 67,298,000	[17],[54]		$ 67,298,000	[17],[54]			$ 67,637,000	[2],[3],[20]
Investment, Identifier [Axis]: MINDBODY, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[21],[34]		7.00%	[17],[21],[34]			7.00%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ 0
Ending balance		$ (30,000)	[17],[21],[34]		(30,000)	[17],[21],[34]			$ 0	[2],[3],[23],[43]
Investment, Identifier [Axis]: Maia Aggregator, LP, Class A-2 Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				179,000
Ending balance		179,000	[17],[30],[32]		179,000	[17],[30],[32]			$ 179,000	[3],[27],[28]
Investment, Identifier [Axis]: Mario Midco Holdings, Inc. (dba Len the Plumber), Unsecured facility
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[36]								10.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				4,020,000
Ending balance		$ 4,380,000	[17],[22]		$ 4,380,000	[17],[22]			$ 4,020,000	[2],[3],[36]
Investment, Identifier [Axis]: Mario Purchaser, LLC (dba Len the Plumber), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[22],[35]		5.75%	[17],[21],[22],[35]			5.75%	[2],[3],[23],[36],[40]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[36],[40]				$ 2,000,000
Ending balance		$ 3,143,000	[17],[21],[22],[35]		$ 3,143,000	[17],[21],[22],[35]			$ 2,000,000	[2],[3],[23],[36],[40]
Investment, Identifier [Axis]: Mario Purchaser, LLC (dba Len the Plumber), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[22]		5.75%	[17],[22]			5.75%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 12,911,000
Ending balance		$ 12,911,000	[17],[22]		$ 12,911,000	[17],[22]			$ 12,911,000	[2],[3],[36]
Investment, Identifier [Axis]: Mario Purchaser, LLC (dba Len the Plumber), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[34]		5.75%	[17],[21],[34]			5.75%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (14,000)
Ending balance		$ (7,000)	[17],[21],[34]		$ (7,000)	[17],[21],[34]			$ (14,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Medline Borrower, LP, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		3.25%	[17],[21],[34]		3.25%	[17],[21],[34]			2.25%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (485,000)
Ending balance		$ (198,000)	[17],[21],[34]		$ (198,000)	[17],[21],[34]			$ (485,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: MessageBird BidCo B.V., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.75%	[17],[19],[54]		6.75%	[17],[19],[54]			6.75%	[2],[3],[5],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[33]				$ 75,268,000
Ending balance		$ 44,468,000	[17],[19],[54]		44,468,000	[17],[19],[54]			$ 75,268,000	[2],[3],[5],[33]
Investment, Identifier [Axis]: MessageBird Holding B.V., Extended Series C Warrants
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[5],[27],[28]				89,000
Ending balance		138,000	[19],[30],[31],[32]		138,000	[19],[30],[31],[32]			$ 89,000	[3],[5],[27],[28]
Investment, Identifier [Axis]: Metis HoldCo, Inc. (dba Mavis Tire Express Services), Series A Convertible Preferred Stock
Schedule of Investments [Line Items]
Basis spread, variable rate	[3],[28],[45]								7.00%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[28],[45]				161,677,000
Ending balance		$ 173,891,000	[17],[32],[46]		$ 173,891,000	[17],[32],[46]			$ 161,677,000	[3],[28],[45]
Investment, Identifier [Axis]: Milan Laser Holdings LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.00%	[17],[22]		5.00%	[17],[22]			5.00%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 24,055,000
Ending balance		$ 23,933,000	[17],[22]		$ 23,933,000	[17],[22]			$ 24,055,000	[2],[3],[36]
Investment, Identifier [Axis]: Milan Laser Holdings LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.00%	[17],[21],[34]		5.00%	[17],[21],[34]			5.00%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ 0
Ending balance		$ 0	[17],[21],[34]		0	[17],[21],[34]			$ 0	[2],[3],[23],[43]
Investment, Identifier [Axis]: Minerva Holdco, Inc., Series A Preferred Stock
Schedule of Investments [Line Items]
Basis spread, variable rate	[3],[28],[45]								10.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[28],[45]				6,734,000
Ending balance		$ 7,307,000	[17],[32],[46]		$ 7,307,000	[17],[32],[46]			$ 6,734,000	[3],[28],[45]
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[21],[22],[35]		5.50%	[17],[21],[22],[35]			5.50%	[2],[3],[23],[40],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				$ (3,000)
Ending balance		$ 26,000	[17],[21],[22],[35]		$ 26,000	[17],[21],[22],[35]			$ (3,000)	[2],[3],[23],[40],[43]
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[22]		5.50%	[17],[22]			5.50%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 683,000
Ending balance		$ 683,000	[17],[22]		$ 683,000	[17],[22]			$ 683,000	[2],[3],[33]
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[18],[21]		5.50%	[17],[18],[21]			5.50%	[2],[3],[23],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[33]				$ 32,000
Ending balance		$ 24,000	[17],[18],[21]		$ 24,000	[17],[18],[21]			$ 32,000	[2],[3],[23],[33]
Investment, Identifier [Axis]: Motus Group, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[54]		6.50%	[17],[54]			6.50%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 10,594,000
Ending balance		$ 10,649,000	[17],[54]		10,649,000	[17],[54]			$ 10,594,000	[2],[3],[33]
Investment, Identifier [Axis]: Muine Gall, LLC, First lien senior secured loan
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[1],[2],[3],[4],[5]				254,956,000
Ending balance		$ 131,319,000	[17],[19],[39],[55]		$ 131,319,000	[17],[19],[39],[55]			$ 254,956,000	[1],[2],[3],[4],[5]
Investment, Identifier [Axis]: NMI Acquisitionco, Inc. (dba Network Merchants), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[22],[35]		5.75%	[17],[21],[22],[35]			5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance					$ 5,834,000
Ending balance		$ 5,849,000	[17],[21],[22],[35]		$ 5,849,000	[17],[21],[22],[35]			$ 5,834,000
Investment, Identifier [Axis]: NMI Acquisitionco, Inc. (dba Network Merchants), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[22]		5.75%	[17],[22]			5.75%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 24,735,000
Ending balance		$ 24,730,000	[17],[22]		$ 24,730,000	[17],[22]			$ 24,735,000	[2],[3],[33]
Investment, Identifier [Axis]: NMI Acquisitionco, Inc. (dba Network Merchants), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[34]		5.75%	[17],[21],[34]			5.75%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (21,000)
Ending balance		$ (12,000)	[17],[21],[34]		$ (12,000)	[17],[21],[34]			$ (21,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: National Dentex Labs LLC (fka Barracuda Dental LLC), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		8.00%	[18],[31]		8.00%	[18],[31]			8.00%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 103,381,000
Ending balance		$ 104,431,000	[17],[18]		$ 104,431,000	[17],[18]			$ 103,381,000	[2],[3],[20]
Investment, Identifier [Axis]: National Dentex Labs LLC (fka Barracuda Dental LLC), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[18],[21]		7.00%	[17],[18],[21]			7.00%	[2],[3],[20],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23]				$ 8,961,000
Ending balance		$ 7,258,000	[17],[18],[21]		$ 7,258,000	[17],[18],[21]			$ 8,961,000	[2],[3],[20],[23]
Investment, Identifier [Axis]: Natural Partners, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[18],[19]		6.00%	[17],[18],[19]			6.00%	[2],[3],[4],[5]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4],[5]				$ 906,000
Ending balance		$ 910,000	[17],[18],[19]		$ 910,000	[17],[18],[19]			$ 906,000	[2],[3],[4],[5]
Investment, Identifier [Axis]: Natural Partners, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[19],[21],[34]		6.00%	[17],[19],[21],[34]			6.00%	[2],[3],[5],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[23],[43]				$ (1,000)
Ending balance		$ (1,000)	[17],[19],[21],[34]		$ (1,000)	[17],[19],[21],[34]			$ (1,000)	[2],[3],[5],[23],[43]
Investment, Identifier [Axis]: Nelipak Holding Company, First lien senior secured EUR revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		4.50%	[17],[21],[67]		4.50%	[17],[21],[67]			4.50%	[2],[3],[23],[51]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[51]				$ 2,522,000
Ending balance		$ 1,754,000	[17],[21],[67]		$ 1,754,000	[17],[21],[67]			$ 2,522,000	[2],[3],[23],[51]
Investment, Identifier [Axis]: Nelipak Holding Company, First lien senior secured USD revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		4.25%	[17],[21],[22]		4.25%	[17],[21],[22]			4.25%	[2],[3],[20],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23]				$ 1,017,000
Ending balance		$ 1,206,000	[17],[21],[22]		$ 1,206,000	[17],[21],[22]			$ 1,017,000	[2],[3],[20],[23]
Investment, Identifier [Axis]: Nelipak Holding Company, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		4.25%	[17],[18]		4.25%	[17],[18]			4.25%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 2,269,000
Ending balance		$ 2,274,000	[17],[18]		$ 2,274,000	[17],[18]			$ 2,269,000	[2],[3],[20]
Investment, Identifier [Axis]: Nelipak Holding Company, Second lien EUR senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		8.50%	[17],[65]		8.50%	[17],[65]			8.50%	[2],[3],[50]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[50]				$ 63,340,000
Ending balance		$ 65,242,000	[17],[65]		$ 65,242,000	[17],[65]			$ 63,340,000	[2],[3],[50]
Investment, Identifier [Axis]: Nelipak Holding Company, Second lien USD senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		8.25%	[17],[18]		8.25%	[17],[18]			8.25%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 66,503,000
Ending balance		$ 67,006,000	[17],[18]		$ 67,006,000	[17],[18]			$ 66,503,000	[2],[3],[20]
Investment, Identifier [Axis]: Nellson Nutraceutical, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[18]		5.75%	[17],[18]			5.75%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 25,527,000
Ending balance		$ 25,689,000	[17],[18]		25,689,000	[17],[18]			$ 25,527,000	[2],[3],[36]
Investment, Identifier [Axis]: New PLI Holdings, LLC (dba PLI), Class A Common Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[26],[27],[28]				97,799,000
Ending balance		$ 97,691,000	[17],[29],[30],[32]		$ 97,691,000	[17],[29],[30],[32]			$ 97,799,000	[3],[26],[27],[28]
Investment, Identifier [Axis]: Norvax, LLC (dba GoHealth), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.50%	[17],[22]		7.50%	[17],[22]			7.50%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 75,440,000
Ending balance		$ 73,390,000	[17],[22]		$ 73,390,000	[17],[22]			$ 75,440,000	[2],[3],[20]
Investment, Identifier [Axis]: Norvax, LLC (dba GoHealth), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[21],[34]		6.50%	[17],[21],[34]			6.50%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (184,000)
Ending balance		$ (153,000)	[17],[21],[34]		$ (153,000)	[17],[21],[34]			$ (184,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Notorious Topco, LLC (dba Beauty Industry Group), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.75%	[17],[18],[21],[35]		6.75%	[17],[18],[21],[35]			6.75%	[2],[3],[23],[40],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[42]				$ 9,482,000
Ending balance		$ 9,284,000	[17],[18],[21],[35]		$ 9,284,000	[17],[18],[21],[35]			$ 9,482,000	[2],[3],[23],[40],[42]
Investment, Identifier [Axis]: Notorious Topco, LLC (dba Beauty Industry Group), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.75%	[17],[18]		6.75%	[17],[18]			6.75%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 108,809,000
Ending balance		$ 106,899,000	[17],[18]		$ 106,899,000	[17],[18]			$ 108,809,000	[2],[3],[42]
Investment, Identifier [Axis]: Notorious Topco, LLC (dba Beauty Industry Group), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.75%	[17],[18],[21]		6.75%	[17],[18],[21]			6.75%	[2],[3],[23],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[42]				$ 1,548,000
Ending balance		$ 471,000	[17],[18],[21]		471,000	[17],[18],[21]			$ 1,548,000	[2],[3],[23],[42]
Investment, Identifier [Axis]: Nutraceutical International Corporation, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[33]								7.00%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				169,845,000
Ending balance	[2],[3],[33]								$ 169,845,000
Investment, Identifier [Axis]: Nutraceutical International Corporation, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[33]								7.00%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 12,356,000
Ending balance	[2],[3],[33]								$ 12,356,000
Investment, Identifier [Axis]: OB Hospitalist Group, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[22]		5.50%	[17],[22]			5.50%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 93,841,000
Ending balance		$ 92,659,000	[17],[22]		$ 92,659,000	[17],[22]			$ 93,841,000	[2],[3],[20]
Investment, Identifier [Axis]: OB Hospitalist Group, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[18],[21]		5.50%	[17],[18],[21]			5.50%	[2],[3],[20],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23]				$ 5,062,000
Ending balance		$ 6,400,000	[17],[18],[21]		6,400,000	[17],[18],[21]			$ 5,062,000	[2],[3],[20],[23]
Investment, Identifier [Axis]: ORCC Senior Loan Fund LLC (fka Sebago Lake LLC)
Schedule of Investments [Line Items]
Net change in unrealized gain (loss)	[68]								(27,205,000)
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[68]				$ 288,981,000	[1],[5],[26],[28],[69]	247,061,000		247,061,000
Gross Additions	[14],[68]								118,125,000
Gross Reductions	[16],[68]								(49,000,000)
Net change in unrealized gain (loss)	[68]								(27,205,000)
Ending balance	[1],[5],[26],[28],[68],[69]								288,981,000
Interest income	[68]								0
Dividend income	[68]								33,673,000
Other income	[68]								$ 0
Investment, Identifier [Axis]: Ocala Bidco, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[21],[34],[35]	5.75%			5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[21],[34],[35]	$ (95,000)			$ (95,000)
Investment, Identifier [Axis]: Ocala Bidco, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[31],[44]	6.25%			6.25%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[44]	$ 182,030,000			$ 182,030,000
Investment, Identifier [Axis]: Ocala Bidco, Inc., Second lien senior secured loan
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[18]	$ 102,217,000			$ 102,217,000
Investment, Identifier [Axis]: Offen, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.00%	[17],[39]		5.00%	[17],[39]			5.00%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 18,695,000
Ending balance		$ 18,668,000	[17],[39]		$ 18,668,000	[17],[39]			$ 18,695,000	[2],[3],[33]
Investment, Identifier [Axis]: Ole Smoky Distillery, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.00%	[17],[22]		5.00%	[17],[22]			5.25%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 860,000
Ending balance		$ 860,000	[17],[22]		$ 860,000	[17],[22]			$ 860,000	[2],[3],[36]
Investment, Identifier [Axis]: Ole Smoky Distillery, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.00%	[17],[21],[34]		5.00%	[17],[21],[34]			5.25%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (2,000)
Ending balance		$ (2,000)	[17],[21],[34]		(2,000)	[17],[21],[34]			$ (2,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: PCF Holdco, LLC (dba PCF Insurance Services), Class A Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				67,456,000
Ending balance		67,457,000	[17],[30],[32]		67,457,000	[17],[30],[32]			$ 67,456,000	[3],[27],[28]
Investment, Identifier [Axis]: PCF Holdco, LLC (dba PCF Insurance Services), Class A Warrants
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[30],[32]	4,400,000			4,400,000
Investment, Identifier [Axis]: PCF Holdco, LLC (dba PCF Insurance Services), Series A Preferred Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[21],[32],[46]	6,921,000			6,921,000
Investment, Identifier [Axis]: PCF Midco II, LLC (dba PCF Insurance Services), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[3],[45]								9.00%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[45]				118,636,000
Ending balance		$ 126,508,000	[17],[46]		$ 126,508,000	[17],[46]			$ 118,636,000	[3],[45]
Investment, Identifier [Axis]: PHM Netherlands Midco B.V. (dba Loparex), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		4.50%	[17],[44]		4.50%	[17],[44]			4.50%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 751,000
Ending balance		$ 741,000	[17],[44]		$ 741,000	[17],[44]			$ 751,000	[2],[3],[20]
Investment, Identifier [Axis]: PHM Netherlands Midco B.V. (dba Loparex), Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		8.75%	[17],[44]		8.75%	[17],[44]			8.75%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 109,200,000
Ending balance		$ 108,640,000	[17],[44]		108,640,000	[17],[44]			$ 109,200,000	[2],[3],[20]
Investment, Identifier [Axis]: PPV Intermediate Holdings, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[23],[40],[43]								5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				$ (1,000)
Ending balance	[2],[3],[23],[40],[43]								$ (1,000)
Investment, Identifier [Axis]: PPV Intermediate Holdings, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[18]		5.75%	[17],[18]			5.75%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 807,000
Ending balance		$ 921,000	[17],[18]		$ 921,000	[17],[18]			$ 807,000	[2],[3],[42]
Investment, Identifier [Axis]: PPV Intermediate Holdings, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[34]		5.75%	[17],[21],[34]			5.75%	[2],[3],[23],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[42]				$ 17,000
Ending balance		$ (1,000)	[17],[21],[34]		(1,000)	[17],[21],[34]			$ 17,000	[2],[3],[23],[42]
Investment, Identifier [Axis]: PS Op Holdings LLC (fka QC Supply, LLC), Class A Common Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[26],[27],[28]				3,950,000
Ending balance		3,725,000	[29],[30],[32]		3,725,000	[29],[30],[32]			3,950,000	[26],[27],[28]
Investment, Identifier [Axis]: PS Operating Company LLC (fka QC Supply, LLC)
Schedule of Investments [Line Items]
Net change in unrealized gain (loss)					(384,000)				(669,000)
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance					20,361,000		19,495,000		19,495,000
Gross Additions					24,000	[13]			2,979,000	[14]
Gross Reductions					(168,000)	[15]			(1,444,000)	[16]
Net change in unrealized gain (loss)					(384,000)				(669,000)
Ending balance		$ 19,833,000			19,833,000				20,361,000
Interest income					963,000				1,375,000
Dividend income					0				0
Other income					$ 3,000				$ 9,000
Investment, Identifier [Axis]: PS Operating Company LLC (fka QC Supply, LLC), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[18],[29]		6.00%	[18],[29]			6.00%	[2],[20],[26]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[20],[26]				$ 12,778,000
Ending balance		$ 12,678,000	[18],[29]		$ 12,678,000	[18],[29]			$ 12,778,000	[2],[20],[26]
Investment, Identifier [Axis]: PS Operating Company LLC (fka QC Supply, LLC), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[18],[21],[29]		6.00%	[18],[21],[29]			6.00%	[2],[20],[23],[26]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[20],[23],[26]				$ 3,633,000
Ending balance		$ 3,430,000	[18],[21],[29]		$ 3,430,000	[18],[21],[29]			$ 3,633,000	[2],[20],[23],[26]
Investment, Identifier [Axis]: Pacific BidCo Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[19],[21],[34],[35]		5.75%	[17],[19],[21],[34],[35]			5.75%	[2],[3],[5],[23],[40],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[23],[40],[43]				$ (34,000)
Ending balance		$ (9,000)	[17],[19],[21],[34],[35]		$ (9,000)	[17],[19],[21],[34],[35]			$ (34,000)	[2],[3],[5],[23],[40],[43]
Investment, Identifier [Axis]: Pacific BidCo Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[18],[19]		5.75%	[17],[18],[19]			5.75%	[2],[3],[5],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[42]				$ 30,228,000
Ending balance		$ 30,460,000	[17],[18],[19]		$ 30,460,000	[17],[18],[19]			$ 30,228,000	[2],[3],[5],[42]
Investment, Identifier [Axis]: Packaging Coordinators Midco, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[44]		7.00%	[17],[44]			7.00%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 185,261,000
Ending balance		$ 189,182,000	[17],[44]		$ 189,182,000	[17],[44]			$ 185,261,000	[2],[3],[20]
Investment, Identifier [Axis]: Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.75%	[17],[18],[19]		6.75%	[17],[18],[19]			6.75%	[2],[3],[5],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[42]				$ 133,680,000
Ending balance		$ 133,000,000	[17],[18],[19]		$ 133,000,000	[17],[18],[19]			$ 133,680,000	[2],[3],[5],[42]
Investment, Identifier [Axis]: Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.75%	[17],[19],[21],[34]		6.75%	[17],[19],[21],[34]			6.75%	[2],[3],[5],[23],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[23],[42]				$ 2,732,000
Ending balance		$ (169,000)	[17],[19],[21],[34]		(169,000)	[17],[19],[21],[34]			$ 2,732,000	[2],[3],[5],[23],[42]
Investment, Identifier [Axis]: Patriot Holdings SCSp (dba Corza Health, Inc.), Class A Units
Schedule of Investments [Line Items]
Basis spread, variable rate	[3],[5],[28],[45]								8.00%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[5],[28],[45]				8,534,000
Ending balance		9,219,000	[17],[19],[32],[46]		9,219,000	[17],[19],[32],[46]			$ 8,534,000	[3],[5],[28],[45]
Investment, Identifier [Axis]: Patriot Holdings SCSp (dba Corza Health, Inc.), Class B Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[5],[27],[28]				1,145,000
Ending balance		$ 1,625,000	[17],[19],[30],[32]		$ 1,625,000	[17],[19],[30],[32]			$ 1,145,000	[3],[5],[27],[28]
Investment, Identifier [Axis]: Peraton Corp., Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.75%	[17],[18],[47]		7.75%	[17],[18],[47]			7.75%	[2],[3],[33],[48]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33],[48]				$ 43,691,000
Ending balance		$ 44,614,000	[17],[18],[47]		$ 44,614,000	[17],[18],[47]			$ 43,691,000	[2],[3],[33],[48]
Investment, Identifier [Axis]: PerkinElmer U.S. LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[18]	6.75%			6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[18]	$ 897,000			$ 897,000
Investment, Identifier [Axis]: Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[22]		6.00%	[17],[22]			6.00%	[2],[3],[4]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4]				$ 134,570,000
Ending balance		$ 134,225,000	[17],[22]		$ 134,225,000	[17],[22]			$ 134,570,000	[2],[3],[4]
Investment, Identifier [Axis]: Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[21],[34]		6.00%	[17],[21],[34]			6.00%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (15,000)
Ending balance		$ 0	[17],[21],[34]		$ 0	[17],[21],[34]			$ (15,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Phoenix Newco, Inc. (dba Parexel), Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[22]		6.50%	[17],[22]			6.50%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 186,200,000
Ending balance		$ 188,575,000	[17],[22]		188,575,000	[17],[22]			$ 186,200,000	[2],[3],[33]
Investment, Identifier [Axis]: Picard Holdco, LLC, Series A Preferred Stock
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[28],[42]								12.00%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[28],[42]				24,925,000
Ending balance		$ 25,167,000	[18],[31],[32]		$ 25,167,000	[18],[31],[32]			$ 24,925,000	[2],[3],[28],[42]
Investment, Identifier [Axis]: Ping Identity Holding Corp., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[22]		7.00%	[17],[22]			7.00%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 895,000
Ending balance		$ 900,000	[17],[22]		$ 900,000	[17],[22]			$ 895,000	[2],[3],[36]
Investment, Identifier [Axis]: Ping Identity Holding Corp., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[21],[34]		7.00%	[17],[21],[34]			7.00%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (1,000)
Ending balance		$ (1,000)	[17],[21],[34]		$ (1,000)	[17],[21],[34]			$ (1,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Plasma Buyer LLC (dba PathGroup), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[34],[35]		5.75%	[17],[21],[34],[35]			5.75%	[2],[3],[23],[40],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				$ (1,000)
Ending balance		$ (3,000)	[17],[21],[34],[35]		$ (3,000)	[17],[21],[34],[35]			$ (1,000)	[2],[3],[23],[40],[43]
Investment, Identifier [Axis]: Plasma Buyer LLC (dba PathGroup), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[18]		5.75%	[17],[18]			5.75%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 667,000
Ending balance		$ 659,000	[17],[18]		$ 659,000	[17],[18]			$ 667,000	[2],[3],[36]
Investment, Identifier [Axis]: Plasma Buyer LLC (dba PathGroup), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[34]		5.75%	[17],[21],[34]			5.75%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (1,000)
Ending balance		$ (2,000)	[17],[21],[34]		$ (2,000)	[17],[21],[34]			$ (1,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Pluralsight, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		8.00%	[17],[18]		8.00%	[17],[18]			8.00%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 97,958,000
Ending balance		$ 97,958,000	[17],[18]		$ 97,958,000	[17],[18]			$ 97,958,000	[2],[3],[20]
Investment, Identifier [Axis]: Pluralsight, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		8.00%	[17],[18],[21]		8.00%	[17],[18],[21]			8.00%	[2],[3],[23],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[33]				$ 3,024,000
Ending balance		$ 3,024,000	[17],[18],[21]		$ 3,024,000	[17],[18],[21]			$ 3,024,000	[2],[3],[23],[33]
Investment, Identifier [Axis]: Pregis Topco LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.02%	[17],[54]		7.02%	[17],[54]			7.02%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 158,193,000
Ending balance		$ 159,329,000	[17],[54]		$ 159,329,000	[17],[54]			$ 158,193,000	[2],[3],[33]
Investment, Identifier [Axis]: Premier Imaging, LLC (dba LucidHealth), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[22]		6.00%	[17],[22]			5.75%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 42,460,000
Ending balance		$ 42,395,000	[17],[22]		42,395,000	[17],[22]			$ 42,460,000	[2],[3],[33]
Investment, Identifier [Axis]: Project Alpine Co-Invest Fund, LP, LP Interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[19],[30],[31],[32]	10,974,000			10,974,000
Investment, Identifier [Axis]: Project Alpine Co-Invest Fund,LP, LP Interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[5],[27],[28]				10,000,000
Ending balance	[3],[5],[27],[28]								10,000,000
Investment, Identifier [Axis]: Project Hotel California Co-Invest Fund, L.P., LP Interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[5],[27],[28]				2,685,000
Ending balance		$ 2,686,000	[19],[30],[31],[32]		$ 2,686,000	[19],[30],[31],[32]			$ 2,685,000	[3],[5],[27],[28]
Investment, Identifier [Axis]: Project Power Buyer, LLC (dba PEC-Veriforce), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[18]		7.00%	[17],[18]			6.00%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 44,630,000
Ending balance		$ 43,959,000	[17],[18]		$ 43,959,000	[17],[18]			$ 44,630,000	[2],[3],[33]
Investment, Identifier [Axis]: Project Power Buyer, LLC (dba PEC-Veriforce), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[17],[21],[34]		7.00%	[17],[21],[34]			6.00%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ 0
Ending balance		$ (32,000)	[17],[21],[34]		$ (32,000)	[17],[21],[34]			$ 0	[2],[3],[23],[43]
Investment, Identifier [Axis]: Proofpoint, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[22]		6.25%	[17],[22]			6.25%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 18,767,000
Ending balance		$ 18,963,000	[17],[22]		$ 18,963,000	[17],[22]			$ 18,767,000	[2],[3],[20]
Investment, Identifier [Axis]: QAD, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.38%	[17],[22]		5.38%	[17],[22]			6.00%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 25,713,000
Ending balance		$ 25,714,000	[17],[22]		$ 25,714,000	[17],[22]			$ 25,713,000	[2],[3],[33]
Investment, Identifier [Axis]: QAD, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.38%	[17],[21],[34]		5.38%	[17],[21],[34]			6.00%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (86,000)
Ending balance		$ (69,000)	[17],[21],[34]		$ (69,000)	[17],[21],[34]			$ (86,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Quva Pharma, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[22],[31]		5.50%	[22],[31]			5.50%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 38,710,000
Ending balance		$ 38,711,000	[22],[31]		$ 38,711,000	[22],[31]			$ 38,710,000	[2],[3],[20]
Investment, Identifier [Axis]: Quva Pharma, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[21],[22]		5.50%	[17],[21],[22]			5.50%	[2],[3],[20],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23]				$ 1,840,000
Ending balance		$ 1,780,000	[17],[21],[22]		$ 1,780,000	[17],[21],[22]			$ 1,840,000	[2],[3],[20],[23]
Investment, Identifier [Axis]: REALPAGE, INC., Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[22],[47]		6.50%	[17],[22],[47]			6.50%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 33,033,000
Ending balance		$ 33,319,000	[17],[22],[47]		$ 33,319,000	[17],[22],[47]			$ 33,033,000	[2],[3],[33]
Investment, Identifier [Axis]: Recipe Acquisition Corp. (dba Roland Corporation), Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		9.00%	[18]		9.00%	[18]			9.00%	[2],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[42]				$ 31,520,000
Ending balance		$ 31,760,000	[18]		$ 31,760,000	[18]			$ 31,520,000	[2],[42]
Investment, Identifier [Axis]: Relativity ODA LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[22],[31]		6.50%	[22],[31]			7.50%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 83,772,000
Ending balance		$ 85,834,000	[17],[22]		$ 85,834,000	[17],[22]			$ 83,772,000	[2],[3],[33]
Investment, Identifier [Axis]: Relativity ODA LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[21],[31],[34]		6.50%	[21],[31],[34]			6.50%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (18,000)
Ending balance		$ 0	[21],[31],[34]		0	[21],[31],[34]			$ (18,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Rhea Acquisition Holdings, LP, Series A-2 Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				119,000
Ending balance		$ 154,000	[17],[30],[32]		$ 154,000	[17],[30],[32]			$ 119,000	[3],[27],[28]
Investment, Identifier [Axis]: Rhea Parent, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[18]		5.75%	[17],[18]			5.75%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 753,000
Ending balance		$ 758,000	[17],[18]		758,000	[17],[18]			$ 753,000	[2],[3],[42]
Investment, Identifier [Axis]: SWK BUYER, Inc. (dba Stonewall Kitchen), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[23],[40],[43]								5.25%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				$ (4,000)
Ending balance	[2],[3],[23],[40],[43]								$ (4,000)
Investment, Identifier [Axis]: SWK BUYER, Inc. (dba Stonewall Kitchen), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.25%	[17],[39]		5.25%	[17],[39]			5.25%	[2],[3],[41]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[41]				$ 728,000
Ending balance		$ 717,000	[17],[39]		$ 717,000	[17],[39]			$ 728,000	[2],[3],[41]
Investment, Identifier [Axis]: SWK BUYER, Inc. (dba Stonewall Kitchen), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.25%	[17],[21],[39]		5.25%	[17],[21],[39]			5.25%	[2],[3],[23],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[36]				$ 22,000
Ending balance		$ 62,000	[17],[21],[39]		$ 62,000	[17],[21],[39]			$ 22,000	[2],[3],[23],[36]
Investment, Identifier [Axis]: Safety Products/JHC Acquisition Corp. (dba Justrite Safety Group), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		4.50%	[17],[22],[47]		4.50%	[17],[22],[47]			4.50%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 13,470,000
Ending balance		$ 12,925,000	[17],[22],[47]		$ 12,925,000	[17],[22],[47]			$ 13,470,000	[2],[3],[33]
Investment, Identifier [Axis]: SailPoint Technologies Holdings, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[22]		6.25%	[17],[22]			6.25%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 44,727,000
Ending balance		$ 45,070,000	[17],[22]		$ 45,070,000	[17],[22]			$ 44,727,000	[2],[3],[36]
Investment, Identifier [Axis]: SailPoint Technologies Holdings, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[21],[34]		6.25%	[17],[21],[34]			6.25%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (87,000)
Ending balance		$ (54,000)	[17],[21],[34]		$ (54,000)	[17],[21],[34]			$ (87,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		4.50%	[17],[18]		4.50%	[17],[18]			4.50%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 40,693,000
Ending balance		$ 40,915,000	[17],[18]		$ 40,915,000	[17],[18]			$ 40,693,000	[2],[3],[20]
Investment, Identifier [Axis]: Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		4.50%	[17],[18],[21]		4.50%	[17],[18],[21]			4.50%	[2],[3],[20],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23]				$ 6,435,000
Ending balance		$ 5,828,000	[17],[18],[21]		$ 5,828,000	[17],[18],[21]			$ 6,435,000	[2],[3],[20],[23]
Investment, Identifier [Axis]: Securonix, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[18]		6.50%	[17],[18]			6.50%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 839,000
Ending balance		$ 818,000	[17],[18]		$ 818,000	[17],[18]			$ 839,000	[2],[3],[42]
Investment, Identifier [Axis]: Securonix, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[21],[34]		6.50%	[17],[21],[34]			6.50%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (2,000)
Ending balance		$ (5,000)	[17],[21],[34]		$ (5,000)	[17],[21],[34]			$ (2,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Sensor Technology Topco, Inc. (dba Humanetics), First lien senior secured EUR term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[31],[65]	6.75%			6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[31],[65]	$ 12,418,000			$ 12,418,000
Investment, Identifier [Axis]: Sensor Technology Topco, Inc. (dba Humanetics), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%			6.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[18],[31]	$ 63,230,000			$ 63,230,000
Investment, Identifier [Axis]: Sensor Technology Topco, Inc. (dba Humanetics), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[21],[65]	6.75%			6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[21],[65]	$ 1,110,000			$ 1,110,000
Investment, Identifier [Axis]: Shearer's Foods, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.75%	[17],[22]		7.75%	[17],[22]			7.75%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 114,624,000
Ending balance		$ 86,400,000	[17],[22]		$ 86,400,000	[17],[22]			$ 114,624,000	[2],[3],[33]
Investment, Identifier [Axis]: SimpliSafe Holding Corporation, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[21],[34],[35]		6.25%	[17],[21],[34],[35]			6.25%	[2],[3],[23],[40],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				$ (2,000)
Ending balance		$ 0	[17],[21],[34],[35]		$ 0	[17],[21],[34],[35]			$ (2,000)	[2],[3],[23],[40],[43]
Investment, Identifier [Axis]: SimpliSafe Holding Corporation, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[22]		6.25%	[17],[22]			6.25%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 6,065,000
Ending balance		$ 6,065,000	[17],[22]		$ 6,065,000	[17],[22]			$ 6,065,000	[2],[3],[36]
Investment, Identifier [Axis]: Smarsh Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[21],[35],[39]		6.50%	[17],[21],[35],[39]			6.50%	[2],[3],[23],[40],[41]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[41]				$ 94,000
Ending balance		$ 94,000	[17],[21],[35],[39]		$ 94,000	[17],[21],[35],[39]			$ 94,000	[2],[3],[23],[40],[41]
Investment, Identifier [Axis]: Smarsh Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[39]		6.50%	[17],[39]			6.50%	[2],[3],[41]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[41]				$ 754,000
Ending balance		$ 758,000	[17],[39]		$ 758,000	[17],[39]			$ 754,000	[2],[3],[41]
Investment, Identifier [Axis]: Smarsh Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[21]		6.50%	[17],[21]			6.50%	[2],[3],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23]				$ 0
Ending balance		$ 0	[17],[21]		0	[17],[21]			$ 0	[2],[3],[23]
Investment, Identifier [Axis]: Sonny's Enterprises LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[42]								6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				229,908,000
Ending balance	[2],[3],[42]								$ 229,908,000
Investment, Identifier [Axis]: Sonny's Enterprises LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[23],[43]								6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ 0
Ending balance	[2],[3],[23],[43]								$ 0
Investment, Identifier [Axis]: Sonny's Enterprises, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[21],[34],[35]	6.75%			6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[21],[34],[35]	$ (15,000)			$ (15,000)
Investment, Identifier [Axis]: Sonny's Enterprises, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[18],[31]	6.75%			6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[18],[31]	$ 225,308,000			$ 225,308,000
Investment, Identifier [Axis]: Sonny's Enterprises, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[21],[34]	6.75%			6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[21],[34]	$ (270,000)			$ (270,000)
Investment, Identifier [Axis]: Space Exploration Technologies Corp., Class A Common Stock
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				3,509,000
Ending balance		3,588,000	[17],[30],[32]		3,588,000	[17],[30],[32]			3,509,000	[3],[27],[28]
Investment, Identifier [Axis]: Space Exploration Technologies Corp., Class C Common Stock
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				705,000
Ending balance		$ 721,000	[17],[30],[32]		$ 721,000	[17],[30],[32]			$ 705,000	[3],[27],[28]
Investment, Identifier [Axis]: Spotless Brands, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[18]		6.50%	[17],[18]			6.50%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 47,621,000
Ending balance		$ 47,759,000	[17],[18]		$ 47,759,000	[17],[18]			$ 47,621,000	[2],[3],[42]
Investment, Identifier [Axis]: Spotless Brands, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[21],[34]		6.50%	[17],[21],[34]			6.50%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (26,000)
Ending balance		$ (13,000)	[17],[21],[34]		$ (13,000)	[17],[21],[34]			$ (26,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Summit Acquisition Inc. (dba K2 Insurance Services), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[21],[31],[34],[35]	6.75%			6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[21],[31],[34],[35]	$ (3,000)			$ (3,000)
Investment, Identifier [Axis]: Summit Acquisition Inc. (dba K2 Insurance Services), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[18],[31]	6.75%			6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[18],[31]	$ 711,000			$ 711,000
Investment, Identifier [Axis]: Summit Acquisition Inc. (dba K2 Insurance Services), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[21],[31],[34]	6.75%			6.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[21],[31],[34]	$ (3,000)			$ (3,000)
Investment, Identifier [Axis]: Sunshine Software Holdings, Inc. (dba Cornerstone OnDemand), Series A Preferred Stock
Schedule of Investments [Line Items]
Basis spread, variable rate	[3],[28],[45]								10.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[28],[45]				37,469,000
Ending balance		40,360,000	[17],[32],[46]		40,360,000	[17],[32],[46]			$ 37,469,000	[3],[28],[45]
Investment, Identifier [Axis]: Swipe Acquisition Corporation (dba PLI)
Schedule of Investments [Line Items]
Net change in unrealized gain (loss)					(78,000)				50,226,000
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance					161,680,000		108,061,000		108,061,000
Gross Additions					147,000	[13]			4,284,000	[14]
Gross Reductions					(890,000)	[15]			(891,000)	[16]
Net change in unrealized gain (loss)					(78,000)				50,226,000
Ending balance		$ 160,859,000			160,859,000				161,680,000
Interest income					4,288,000				6,831,000
Dividend income					2,669,000				6,673,000
Other income					$ 555,000				$ 680,000
Investment, Identifier [Axis]: Swipe Acquisition Corporation (dba PLI), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		8.00%	[17],[18],[21],[29],[35]		8.00%	[17],[18],[21],[29],[35]			8.00%	[2],[3],[23],[26],[40],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[26],[40],[42]				$ 14,645,000
Ending balance		$ 14,493,000	[17],[18],[21],[29],[35]		$ 14,493,000	[17],[18],[21],[29],[35]			$ 14,645,000	[2],[3],[23],[26],[40],[42]
Investment, Identifier [Axis]: Swipe Acquisition Corporation (dba PLI), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		8.00%	[17],[18],[29]		8.00%	[17],[18],[29]			8.00%	[2],[3],[26],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[26],[36]				$ 49,236,000
Ending balance		$ 48,675,000	[17],[18],[29]		$ 48,675,000	[17],[18],[29]			$ 49,236,000	[2],[3],[26],[36]
Investment, Identifier [Axis]: Swipe Acquisition Corporation (dba PLI), Letter of Credit
Schedule of Investments [Line Items]
Basis spread, variable rate		8.00%	[17],[21],[29]		8.00%	[17],[21],[29]			8.00%	[2],[3],[23],[26]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[26]				$ 0
Ending balance		$ 0	[17],[21],[29]		$ 0	[17],[21],[29]			$ 0	[2],[3],[23],[26]
Investment, Identifier [Axis]: THG Acquisition, LLC (dba Hilb), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[22]		5.75%	[17],[22]			5.75%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 73,810,000
Ending balance		$ 73,615,000	[17],[22]		$ 73,615,000	[17],[22]			$ 73,810,000	[2],[3],[33]
Investment, Identifier [Axis]: THG Acquisition, LLC (dba Hilb), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[22]		5.75%	[17],[21],[22]			5.75%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (108,000)
Ending balance		$ 1,827,000	[17],[21],[22]		$ 1,827,000	[17],[21],[22]			$ (108,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Tahoe Finco, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[19],[54]		6.00%	[17],[19],[54]			6.00%	[2],[3],[5],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[33]				$ 121,099,000
Ending balance		$ 122,023,000	[17],[19],[54]		$ 122,023,000	[17],[19],[54]			$ 121,099,000	[2],[3],[5],[33]
Investment, Identifier [Axis]: Tahoe Finco, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[19],[21],[34]		6.00%	[17],[19],[21],[34]			6.00%	[2],[3],[5],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[23],[43]				$ (162,000)
Ending balance		$ (92,000)	[17],[19],[21],[34]		(92,000)	[17],[19],[21],[34]			$ (162,000)	[2],[3],[5],[23],[43]
Investment, Identifier [Axis]: Tall Tree Foods, Inc., First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[18],[21],[60]	4,015,000			4,015,000
Investment, Identifier [Axis]: Tall Tree Foods, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[33]								7.25%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[33]				39,084,000
Ending balance		$ 54,867,000	[18],[60]		$ 54,867,000	[18],[60]			$ 39,084,000	[2],[33]
Investment, Identifier [Axis]: Tamarack Intermediate, L.L.C. (dba Verisk 3E), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.25%	[17],[18]		5.25%	[17],[18]			5.75%	[2],[3],[41]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[41]				$ 838,000
Ending balance		$ 840,000	[17],[18]		$ 840,000	[17],[18]			$ 838,000	[2],[3],[41]
Investment, Identifier [Axis]: Tamarack Intermediate, L.L.C. (dba Verisk 3E), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.25%	[17],[18],[21]		5.25%	[17],[18],[21]			5.75%	[2],[3],[23],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[36]				$ 22,000
Ending balance		$ 21,000	[17],[18],[21]		$ 21,000	[17],[18],[21]			$ 22,000	[2],[3],[23],[36]
Investment, Identifier [Axis]: Tempo Buyer Corp. (dba Global Claims Services), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[21],[34],[35]		5.50%	[17],[21],[34],[35]			5.50%	[2],[3],[23],[40],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				$ (5,000)
Ending balance		$ (2,000)	[17],[21],[34],[35]		$ (2,000)	[17],[21],[34],[35]			$ (5,000)	[2],[3],[23],[40],[43]
Investment, Identifier [Axis]: Tempo Buyer Corp. (dba Global Claims Services), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[18]		5.50%	[17],[18]			5.50%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 1,051,000
Ending balance		$ 1,056,000	[17],[18]		$ 1,056,000	[17],[18]			$ 1,051,000	[2],[3],[20]
Investment, Identifier [Axis]: Tempo Buyer Corp. (dba Global Claims Services), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		4.25%	[17],[21],[38]		4.25%	[17],[21],[38]			4.50%	[2],[3],[23],[70]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[70]				$ 8,000
Ending balance		$ 56,000	[17],[21],[38]		$ 56,000	[17],[21],[38]			$ 8,000	[2],[3],[23],[70]
Investment, Identifier [Axis]: The Better Being Co., LLC (fka Nutraceutical International Corporation), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[22],[38]	7.50%			7.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[22]	$ 160,571,000			$ 160,571,000
Investment, Identifier [Axis]: The Better Being Co., LLC (fka Nutraceutical International Corporation), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[17],[22]	7.50%			7.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[22]	$ 11,768,000			$ 11,768,000
Investment, Identifier [Axis]: The NPD Group, L.P., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[36]								6.25%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				23,243,000
Ending balance	[2],[3],[36]								$ 23,243,000
Investment, Identifier [Axis]: The NPD Group, L.P., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[23],[36]								5.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[36]				$ 151,000
Ending balance	[2],[3],[23],[36]								$ 151,000
Investment, Identifier [Axis]: The Shade Store, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[18]		6.00%	[17],[18]			6.00%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 8,753,000
Ending balance		$ 8,575,000	[17],[18]		$ 8,575,000	[17],[18]			$ 8,753,000	[2],[3],[42]
Investment, Identifier [Axis]: The Shade Store, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[18],[21]		6.00%	[17],[18],[21]			6.00%	[2],[3],[23],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[42]				$ 230,000
Ending balance		$ 434,000	[17],[18],[21]		$ 434,000	[17],[18],[21]			$ 230,000	[2],[3],[23],[42]
Investment, Identifier [Axis]: Thunder Purchaser, Inc. (dba Vector Solutions), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[18],[21],[35]		5.75%	[17],[18],[21],[35]			5.75%	[2],[3],[20],[23],[40]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23],[40]				$ 3,779,000
Ending balance		$ 3,879,000	[17],[18],[21],[35]		$ 3,879,000	[17],[18],[21],[35]			$ 3,779,000	[2],[3],[20],[23],[40]
Investment, Identifier [Axis]: Thunder Purchaser, Inc. (dba Vector Solutions), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[18]		5.75%	[17],[18]			5.75%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 62,868,000
Ending balance		$ 63,347,000	[17],[18]		$ 63,347,000	[17],[18]			$ 62,868,000	[2],[3],[20]
Investment, Identifier [Axis]: Thunder Purchaser, Inc. (dba Vector Solutions), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[18],[21]		5.75%	[17],[18],[21]			5.75%	[2],[3],[20],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23]				$ 1,239,000
Ending balance		$ 3,206,000	[17],[18],[21]		3,206,000	[17],[18],[21]			$ 1,239,000	[2],[3],[20],[23]
Investment, Identifier [Axis]: Thunder Topco L.P. (dba Vector Solutions), Common Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				3,783,000
Ending balance		$ 3,922,000	[30],[31],[32]		$ 3,922,000	[30],[31],[32]			$ 3,783,000	[3],[27],[28]
Investment, Identifier [Axis]: Tivity Health, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[18]		6.00%	[17],[18]			6.00%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 983,000
Ending balance		$ 985,000	[17],[18]		$ 985,000	[17],[18]			$ 983,000	[2],[3],[42]
Investment, Identifier [Axis]: Troon Golf, L.L.C., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[18]		5.75%	[17],[18]			5.75%	[2],[3],[4]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4]				$ 280,236,000
Ending balance		$ 237,724,000	[17],[18]		$ 237,724,000	[17],[18]			$ 280,236,000	[2],[3],[4]
Investment, Identifier [Axis]: Troon Golf, L.L.C., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[34]		5.75%	[17],[21],[34]			5.75%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ 0
Ending balance		$ (108,000)	[17],[21],[34]		$ (108,000)	[17],[21],[34]			$ 0	[2],[3],[23],[43]
Investment, Identifier [Axis]: USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[18]		5.75%	[17],[18]			5.50%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 37,922,000
Ending balance		$ 38,115,000	[17],[18]		$ 38,115,000	[17],[18]			$ 37,922,000	[2],[3],[20]
Investment, Identifier [Axis]: USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[34]		5.75%	[17],[21],[34]			5.50%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (85,000)
Ending balance		$ (42,000)	[17],[21],[34]		$ (42,000)	[17],[21],[34]			$ (85,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Ultimate Baked Goods Midco, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[22]		6.25%	[17],[22]			6.50%	[2],[3],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				$ 78,797,000
Ending balance		$ 79,813,000	[17],[22]		$ 79,813,000	[17],[22]			$ 78,797,000	[2],[3],[33]
Investment, Identifier [Axis]: Ultimate Baked Goods Midco, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.25%	[17],[21],[34]		6.25%	[17],[21],[34]			6.50%	[2],[3],[23],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[33]				$ 2,312,000
Ending balance		$ (124,000)	[17],[21],[34]		$ (124,000)	[17],[21],[34]			$ 2,312,000	[2],[3],[23],[33]
Investment, Identifier [Axis]: Unified Women's Healthcare, LP, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.25%	[17],[21],[35]		5.25%	[17],[21],[35]			5.25%	[2],[3],[23],[40]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40]				$ 0
Ending balance		$ 0	[17],[21],[35]		$ 0	[17],[21],[35]			$ 0	[2],[3],[23],[40]
Investment, Identifier [Axis]: Unified Women's Healthcare, LP, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.25%	[17],[22]		5.25%	[17],[22]			5.25%	[2],[3],[36]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[36]				$ 878,000
Ending balance		$ 903,000	[17],[22]		$ 903,000	[17],[22]			$ 878,000	[2],[3],[36]
Investment, Identifier [Axis]: Unified Women's Healthcare, LP, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.25%	[17],[21],[34]		5.25%	[17],[21],[34]			5.25%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ 0
Ending balance		$ 0	[17],[21],[34]		0	[17],[21],[34]			$ 0	[2],[3],[23],[43]
Investment, Identifier [Axis]: VEPF Torreys Aggregator, LLC (dba MINDBODY, Inc.), Series A Preferred Stock
Schedule of Investments [Line Items]
Basis spread, variable rate	[3],[28],[45]								6.00%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[28],[45]				22,319,000
Ending balance		$ 22,992,000	[31],[32],[46]		$ 22,992,000	[31],[32],[46]			$ 22,319,000	[3],[28],[45]
Investment, Identifier [Axis]: Valence Surface Technologies LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.75%	[17],[18]		7.75%	[17],[18]			7.75%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 102,459,000
Ending balance		$ 105,743,000	[17],[18]		$ 105,743,000	[17],[18]			$ 102,459,000	[2],[3],[42]
Investment, Identifier [Axis]: Valence Surface Technologies LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.75%			7.75%				7.75%	[2],[3],[23],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[42]				$ 8,316,000
Ending balance		$ 8,584,000	[17],[18],[21]		$ 8,584,000	[17],[18],[21]			$ 8,316,000	[2],[3],[23],[42]
Investment, Identifier [Axis]: Velocity HoldCo III Inc. (dba VelocityEHS), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[18]		5.75%	[17],[18]			5.75%	[2],[3],[4]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[4]				$ 21,992,000
Ending balance		$ 21,881,000	[17],[18]		$ 21,881,000	[17],[18]			$ 21,992,000	[2],[3],[4]
Investment, Identifier [Axis]: Velocity HoldCo III Inc. (dba VelocityEHS), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.75%	[17],[21],[22]		5.75%	[17],[21],[22]			5.75%	[2],[3],[23],[33]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[33]				$ 268,000
Ending balance		$ 893,000	[17],[21],[22]		$ 893,000	[17],[21],[22]			$ 268,000	[2],[3],[23],[33]
Investment, Identifier [Axis]: Vermont Aus Pty Ltd, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[18],[19]		5.50%	[17],[18],[19]			5.50%	[2],[3],[5],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[5],[42]				$ 968,000
Ending balance		$ 973,000	[17],[18],[19]		973,000	[17],[18],[19]			$ 968,000	[2],[3],[5],[42]
Investment, Identifier [Axis]: WMC Bidco, Inc. (dba West Monroe), Senior Preferred Stock
Schedule of Investments [Line Items]
Basis spread, variable rate	[3],[28],[45]								11.25%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[28],[45]				17,230,000
Ending balance		18,925,000	[31],[32],[46]		18,925,000	[31],[32],[46]			$ 17,230,000	[3],[28],[45]
Investment, Identifier [Axis]: WP Irving Co-Invest, L.P., Partnership Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[5],[27],[28]				1,250,000
Ending balance		$ 1,304,000	[17],[19],[30],[32]		$ 1,304,000	[17],[19],[30],[32]			$ 1,250,000	[3],[5],[27],[28]
Investment, Identifier [Axis]: WU Holdco, Inc. (dba Weiman Products, LLC), First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[18]		5.50%	[17],[18]			5.50%	[2],[3],[20]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				$ 197,793,000
Ending balance		$ 195,262,000	[17],[18]		$ 195,262,000	[17],[18]			$ 197,793,000	[2],[3],[20]
Investment, Identifier [Axis]: WU Holdco, Inc. (dba Weiman Products, LLC), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		5.50%	[17],[18],[21]		5.50%	[17],[18],[21]			5.50%	[2],[3],[20],[23]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[23]				$ 9,507,000
Ending balance		$ 10,515,000	[17],[18],[21]		10,515,000	[17],[18],[21]			$ 9,507,000	[2],[3],[20],[23]
Investment, Identifier [Axis]: Walker Edison Furniture Company LLC, First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[21],[22],[29],[60]	568,000			568,000
Investment, Identifier [Axis]: Walker Edison Furniture Company LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20],[61]								8.75%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20],[61]				43,963,000
Ending balance		21,673,000	[17],[22],[29],[60]		21,673,000	[17],[22],[29],[60]			$ 43,963,000	[2],[3],[20],[61]
Investment, Identifier [Axis]: Walker Edison Furniture Company LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[22],[29],[60]	11,241,000			11,241,000
Investment, Identifier [Axis]: Walker Edison Furniture Company, LLC
Schedule of Investments [Line Items]
Net change in unrealized gain (loss)					(1,075,000)
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance					0
Gross Additions	[13]				56,042,000
Gross Reductions	[15]				0
Net change in unrealized gain (loss)					(1,075,000)
Ending balance		54,967,000			54,967,000				$ 0
Interest income					0
Dividend income					0
Other income					18,000
Investment, Identifier [Axis]: Walker Edison Holdco LLC, Common Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[17],[29],[30],[32]	21,485,000			21,485,000
Investment, Identifier [Axis]: When I Work, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[20]								7.00%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[20]				5,096,000
Ending balance		$ 5,290,000	[17],[44]		$ 5,290,000	[17],[44]			$ 5,096,000	[2],[3],[20]
Investment, Identifier [Axis]: When I Work, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.00%	[17],[21],[34]		6.00%	[17],[21],[34]			6.00%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (18,000)
Ending balance		$ (16,000)	[17],[21],[34]		(16,000)	[17],[21],[34]			$ (18,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Windows Entities, LLC Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[28],[71]				121,419,000
Ending balance		131,639,000	[17],[32],[72]		131,639,000	[17],[32],[72]			121,419,000	[3],[28],[71]
Investment, Identifier [Axis]: Wingspire Capital Holdings LLC
Schedule of Investments [Line Items]
Net change in unrealized gain (loss)					8,999,000				23,261,000
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance					431,531,000		$ 242,163,000		242,163,000
Gross Additions					53,000,000	[13]			201,107,000	[14]
Gross Reductions					(17,000,000)	[15]			(35,000,000)	[16]
Net change in unrealized gain (loss)					8,999,000				23,261,000
Ending balance		476,530,000			476,530,000				431,531,000
Interest income					0				0
Dividend income					18,000,000				36,500,000
Other income					0				0
Investment, Identifier [Axis]: Wingspire Capital Holdings LLC, LLC Interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[21],[29],[32],[55]	$ 476,530,000			476,530,000
Investment, Identifier [Axis]: Wingspire Capital Holdings LLC, LLC interest
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[1],[23],[26],[28]				$ 431,531,000
Ending balance	[1],[23],[26],[28]								$ 431,531,000
Investment, Identifier [Axis]: Zendesk, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[21],[34],[35]		6.50%	[17],[21],[34],[35]			6.50%	[2],[3],[23],[40],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[40],[43]				$ (260,000)
Ending balance		$ (130,000)	[17],[21],[34],[35]		$ (130,000)	[17],[21],[34],[35]			$ (260,000)	[2],[3],[23],[40],[43]
Investment, Identifier [Axis]: Zendesk, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate		7.00%	[18],[31]		7.00%	[18],[31]			6.50%	[2],[3],[42]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[42]				$ 67,674,000
Ending balance		$ 68,791,000	[17],[18]		$ 68,791,000	[17],[18]			$ 67,674,000	[2],[3],[42]
Investment, Identifier [Axis]: Zendesk, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Basis spread, variable rate		6.50%	[17],[21],[34]		6.50%	[17],[21],[34]			6.50%	[2],[3],[23],[43]
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[23],[43]				$ (179,000)
Ending balance		$ (125,000)	[17],[21],[34]		(125,000)	[17],[21],[34]			$ (179,000)	[2],[3],[23],[43]
Investment, Identifier [Axis]: Zenith Energy U.S. Logistics Holdings, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Basis spread, variable rate	[2],[3],[33]								5.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[2],[3],[33]				58,042,000
Ending balance	[2],[3],[33]								$ 58,042,000
Investment, Identifier [Axis]: Zoro TopCo, Inc. (dba Zendesk, Inc.), Series A Preferred Stock
Schedule of Investments [Line Items]
Basis spread, variable rate	[3],[28],[45]								12.50%
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[28],[45]				9,220,000
Ending balance	[3],[28],[45]								$ 9,220,000
Investment, Identifier [Axis]: Zoro TopCo, Inc., Class A Common Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[30],[31],[32]	7,962,000			7,962,000
Investment, Identifier [Axis]: Zoro TopCo, Inc., Series A Preferred Stock
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Ending balance	[31],[32],[46]	$ 10,072,000			10,072,000
Investment, Identifier [Axis]: Zoro TopCo, L.P. (dba Zendesk, Inc.), Class A Common Units
Investments in and Advances to Affiliates, at Fair Value [Roll Forward]
Beginning balance	[3],[27],[28]				$ 7,962,000
Ending balance	[3],[27],[28]								$ 7,962,000

[1] Investment is not pledged as collateral for the credit facilities.

[2] Loan contains a variable rate structure and may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the London Interbank Offered Rate (“LIBOR” or “L”, which can include one-, three-, six- or twelve- month LIBOR), Secured Overnight Financing Rate ("SOFR" or "S," which can include one-, three- or six- month SOFR), Euro Interbank Offered Rate (“EURIBOR”), Great Britain Pound London Interbank Offered Rate (“GBPLIBOR” or “G”, which can include three- or six-month GBPLIBOR), SONIA ("SONIA” or "SA") or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.

[3] Represents co-investment made with the Company’s affiliates in accordance with the terms of the exemptive relief that the Company received from the U.S. Securities and Exchange Commission. See Note 3 “Agreements and Related Party Transactions.”

[4] The interest rate on these loans is subject to 6 month LIBOR, which as of December 31, 2022 was 5.14%.

[5] This portfolio company is not a qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of total assets. As of December 31, 2022, non-qualifying assets represented 13.5% of total assets as calculated in accordance with the regulatory requirements.

[6] Certain portfolio company investments are subject to contractual restrictions on sales. Refer to footnote 28 for additional information on our restricted securities.

[7] Unless otherwise indicated, all investments are considered Level 3 investments.

[8] Unless otherwise indicated, the Company’s portfolio companies are pledged as collateral supporting the amounts outstanding under the Revolving Credit Facility, SPV Asset Facilities and CLOs. See Note 6 “Debt”.

[9] Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category.

[10] Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category.

[11] Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities.

[12] Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities.

[13] Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category.

[14] Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category.

[15] Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities.

[16] Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities.

[17] Represents co-investment made with the Company’s affiliates in accordance with the terms of the exemptive relief that the Company received from the U.S. Securities and Exchange Commission. See Note 3 “Agreements and Related Party Transactions.”

[18] The interest rate on these loans is subject to 3 month SOFR, which as of June 30, 2023 was 5.27%.

[19] This portfolio company is not a qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of total assets. As of June 30, 2023, non-qualifying assets represented 13.6% of total assets as calculated in accordance with the regulatory requirements.

[20] The interest rate on these loans is subject to 3 month LIBOR, which as of December 31, 2022 was 4.77%.

[21] Position or portion thereof is an unfunded loan or equity commitment. See Note 7 “Commitments and Contingencies”.

[22] The interest rate on these loans is subject to 1 month SOFR, which as of June 30, 2023 was 5.14%.

[23] Position or portion thereof is an unfunded loan or equity commitment. See Note 7 “Commitments and Contingencies”.

[24] In connection with its investment in AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, “Amergin Assetco”) the Company made a minority investment in Amergin Asset Management, LLC which has entered into a Servicing Agreement with Amergin Assetco.

[25] In connection with its investment in AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, “Amergin Assetco”) the Company made a minority investment in Amergin Asset Management, LLC which has entered into a Servicing Agreement with Amergin Assetco.

[26] As defined in the 1940 Act, the Company is deemed to be both an “Affiliated Person” and has “Control” of this portfolio company as the Company owns more than 25% of the portfolio company’s outstanding voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“controlled affiliate”). The Company’s investment in controlled affiliates for the period ended December 31, 2022, were as follows: ($ in thousands)Fair value
as of December 31, 2021Gross Additions
(a)Gross Reductions(b)Change in Unrealized Gains (Losses)Fair value
as of December 31, 2022Interest IncomeDividend IncomeOther IncomeControlled Affiliates AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC(d) $— $5 $— $(5)$— $— $— $—  AAM Series 2.1 Aviation Feeder, LLC(d) — 1,574 — (6)1,568 — — — Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)— 89,680 — — 89,680 — 201 —  ORCC Senior Loan Fund LLC (fka Sebago Lake LLC)(c) 247,061 118,125 (49,000)(27,205)288,981 — 33,673 — PS Operating Company LLC (fka QC Supply, LLC)19,495 2,979 (1,444)(669)20,361 1,375 — 9 Swipe Acquisition Corporation (dba PLI)108,061 4,284 (891)50,226 161,680 6,831 6,673 680 Wingspire Capital Holdings LLC242,163 201,107 (35,000)23,261 431,531 — 36,500 — Total Controlled Affiliates$616,780 $417,754 $(86,335)$45,602 $993,801 $8,206 $77,047 $689  ________________ (a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category. (b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities. (c)For further description of the Company's investment in ORCC Senior Loan Fund LLC (fka Sebago Lake LLC), see Note 4 "Investments." (d)In connection with its investment in AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, “Amergin Assetco”) the Company made a minority investment in Amergin Asset Management, LLC which has entered into a Servicing Agreement with Amergin Assetco.

[27] Investment is non-income producing.

[28] Securities acquired in transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”) and may be deemed to be “restricted securities” under the Securities Act. As of December 31, 2022, the aggregate fair value of these securities is $1.6 billion or27.6% of the Company’s net assets. The acquisition dates of the restricted securities are as follows: Portfolio CompanyInvestmentAcquisition DateAAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC**LLC InterestJuly 1, 2022AAM Series 2.1 Aviation Feeder, LLC**LLC InterestJuly 1, 2022Amergin Asset Management, LLCClass A UnitsJuly 1, 2022Accelerate topco Holdings, LLCCommon UnitsSeptember 1, 2022ASP Conair Holdings LPClass A UnitsMay 17, 2021Associations Finance, Inc.Preferred StockJune 10, 2022Windows EntitiesLLC UnitsJanuary 16, 2020BCTO WIW Holdings, Inc. (dba When I Work)Class A Common StockNovember 2, 2021BEHP Co-Investor II, L.P.LP InterestMay 11, 2022WP Irving Co-Invest, L.P.Partnership UnitsMay 18, 2022Blend Labs, Inc.WarrantsJuly 2, 2021Brooklyn Lender Co-Invest 2, L.P. (dba Boomi)Common UnitsOctober 1, 2021CD&R Value Building Partners I, L.P. (dba Belron)LP InterestDecember 2, 2021Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)**Class A UnitsJuly 18, 2022Denali Holding, LP (dba Summit Companies)Class A UnitsSeptember 15, 2021Dodge Construction Network Holdings, LPClass A-2 Common UnitsFebruary 23, 2022Dodge Construction Network Holdings, LPSeries A Preferred UnitsFebruary 23, 2022Elliott Alto Co-Investor Aggregator L.P.LP InterestSeptember 27, 2022Picard Holdco, LLCSeries A Preferred StockSeptember 30, 2022Evology, LLCClass B UnitsJanuary 24, 2022Evolution Parent, LP (dba SIAA)LP InterestApril 30, 2021Gloves Holdings, LP (dba Protective Industrial Products)LP InterestDecember 29, 2020GrowthCurve Capital Sunrise Co-Invest LP (dba Brightway)LP InterestDecember 16, 2021Hercules Buyer, LLC (dba The Vincit Group)Common UnitsDecember 15, 2020Hissho Sushi Holdings, LLCClass A unitsMay 17, 2022Insight CP (Blocker) Holdings, L.P. (dba CivicPlus, LLC)LP InterestJune 8, 2022Knockout Intermediate Holdings I Inc. (dba Kaseya)Perpetual Preferred StockJune 23, 2022KOBHG Holdings, L.P. (dba OB Hospitalist)Class A InterestsSeptember 27, 2021Maia Aggregator, LPClass A-2 UnitsFebruary 1, 2022H-Food Holdings, LLCLLC InterestNovember 23, 2018LSI Financing 1 DAC**Preferred equityDecember 14, 2022MessageBird Holding B.V.Extended Series C WarrantsMay 5, 2021Metis HoldCo, Inc. (dba Mavis Tire Express Services)Series A Convertible Preferred StockMay 4, 2021Minerva Holdco, Inc.Series A Preferred StockFebruary 15, 2022KPCI Holdings, L.P.Class A UnitsNovember 30, 2020Patriot Holdings SCSp (dba Corza Health, Inc.)Class B UnitsJanuary 29, 2021Patriot Holdings SCSp (dba Corza Health, Inc.)Class A UnitsJanuary 29, 2021PCF Holdco, LLC (dba PCF Insurance Services)Class A UnitsNovember 1, 2021Project Alpine Co-Invest Fund,
LPLP InterestJune 10, 2022Project Hotel California Co-Invest Fund, L.P. LP InterestAugust 9, 2022PS Op Holdings LLC (fka QC Supply, LLC)**Class A Common UnitsDecember 21, 2021Rhea Acquisition Holdings, LPSeries A-2 UnitsFebruary 18, 2022Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)*LLC InterestJune 20, 2017Space Exploration Technologies Corp.Class A Common StockMarch 25, 2021Space Exploration Technologies Corp.Class C Common StockMarch 25, 2021Sunshine Software Holdings, Inc. (dba Cornerstone OnDemand)Series A Preferred StockOctober 14, 2021New PLI Holdings, LLC (dba PLI)**Class A Common UnitsDecember 23, 2020 Portfolio CompanyInvestmentAcquisition DateThunder Topco L.P. (dba Vector Solutions)Common UnitsJune 30, 2021VEPF Torreys Aggregator, LLC (dba MINDBODY, Inc.)Series A Preferred StockOctober 15, 2021Wingspire Capital Holdings LLC**LLC InterestSeptember 24, 2019WMC Bidco, Inc. (dba West Monroe)Senior Preferred StockNovember 9, 2021Zoro TopCo, Inc. (dba Zendesk, Inc.)Series A Preferred StockNovember 22, 2022Zoro TopCo, L.P. (dba Zendesk, Inc.)Class A Common UnitsNovember 22, 2022 * Refer to Note 4 “Investments – ORCC Senior Loan Fund LLC,” for further information. ** Refer to Note 3 “Agreements and Related Party Transactions – Controlled/Affiliated Portfolio Companies”.

[29] As defined in the 1940 Act, the Company is deemed to be both an “Affiliated Person” and has “Control” of this portfolio company as the Company owns more than 25% of the portfolio company’s outstanding voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“controlled affiliate”). The Company’s investment in controlled affiliates for the period ended June 30, 2023, were as follows: ($ in thousands)Fair value
as of December 31, 2022Gross Additions
(a)Gross Reductions(b)Change in Unrealized Gains (Losses)Fair value
as of June 30, 2023Interest IncomeDividend IncomeOther IncomeControlled AffiliatesAAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC(d)$— $6,115 $(35)$36 $6,116 $— $— $— AAM Series 2.1 Aviation Feeder, LLC(d)1,568 17,376 — — 18,944 — — — Eagle Infrastructure Super LLC— 109,909 (2)(64)109,843 2,976 — 2 Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)89,680 21,554 — — 111,234 — 1,360 — Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)(c)288,981 75,250 (8,750)8,947 364,428 — 20,659 — PS Operating Company LLC (fka QC Supply, LLC)20,361 24 (168)(384)19,833 963 — 3 Swipe Acquisition Corporation (dba PLI)161,680 147 (890)(78)160,859 4,288 2,669 555 Walker Edison Furniture Company, LLC— 56,042 — (1,075)54,967 — — 18 Wingspire Capital Holdings LLC431,531 53,000 (17,000)8,999 476,530 — 18,000 — Total Controlled Affiliates$993,801 $339,417 $(26,845)$16,381 $1,322,754 $8,227 $42,688 $578  ________________ (a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category. (b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities. (c)For further description of the Company's investment in Blue Owl Capital Corporation Senior Loan Fund (fka ORCC Senior Loan Fund), see Note 4 "Investments." (d)In connection with its investment in AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, “Amergin Assetco”) the Company made a minority investment in Amergin Asset Management, LLC which has entered into a Servicing Agreement with Amergin Assetco.

[30] Investment is non-income producing.

[31] Represents co-investment made with the Company’s affiliates in accordance with the terms of the exemptive relief that the Company received from the U.S. Securities and Exchange Commission. See Note 3 “Agreements and Related Party Transactions.”

[32] Securities acquired in transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”) and may be deemed to be “restricted securities” under the Securities Act. As of June 30, 2023, the aggregate fair value of these securities is $1.9 billion or 31.9% of the Company’s net assets. The acquisition dates of the restricted securities are as follows: Portfolio CompanyInvestmentAcquisition DateAAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC**LLC Interest7/1/2022AAM Series 2.1 Aviation Feeder, LLC**LLC Interest7/1/2022Amergin Asset Management, LLCClass A Units7/1/2022Accelerate topco Holdings, LLCCommon Units9/1/2022ASP Conair Holdings LPClass A Units5/17/2021Associations Finance, Inc.Preferred Stock6/10/2022Windows EntitiesLLC Units1/16/2020BCTO WIW Holdings, Inc. (dba When I Work)Class A Common Stock11/2/2021BEHP Co-Investor II, L.P.LP Interest5/11/2022WP Irving Co-Invest, L.P.Partnership Units5/18/2022Blend Labs, Inc.Warrants7/2/2021Brooklyn Lender Co-Invest 2, L.P. (dba Boomi)Common Units10/1/2021CD&R Value Building Partners I, L.P. (dba Belron)LP Interest12/2/2021Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)**Class A Units7/18/2022 Portfolio CompanyInvestmentAcquisition DateDenali Holding, LP (dba Summit Companies)Class A Units9/15/2021Dodge Construction Network Holdings, LPClass A-2 Common Units2/23/2022Dodge Construction Network Holdings, LPSeries A Preferred Units2/23/2022 Eagle Infrastructure Super LLC**Common Units3/31/2023Elliott Alto Co-Investor Aggregator L.P.LP Interest9/27/2022Picard Holdco, LLCSeries A Preferred Stock9/30/2022Evology, LLCClass B Units1/24/2022Evolution Parent, LP (dba SIAA)LP Interest4/30/2021Gloves Holdings, LP (dba Protective Industrial Products)LP Interest12/29/2020GrowthCurve Capital Sunrise Co-Invest LP (dba Brightway)LP Interest12/16/2021Hercules Buyer, LLC (dba The Vincit Group)Common Units12/15/2020Hissho Sushi Holdings, LLCClass A units5/17/2022Insight CP (Blocker) Holdings, L.P. (dba CivicPlus, LLC)LP Interest6/8/2022Knockout Intermediate Holdings I Inc. (dba Kaseya)Perpetual Preferred Stock6/23/2022KOBHG Holdings, L.P. (dba OB Hospitalist)Class A Interests9/27/2021Maia Aggregator, LPClass A-2 Units2/1/2022H-Food Holdings, LLCLLC Interest11/23/2018LSI Financing 1 DAC**Preferred equity12/14/2022MessageBird Holding B.V.Extended Series C Warrants5/5/2021Metis HoldCo, Inc. (dba Mavis Tire Express Services)Series A Convertible Preferred Stock5/4/2021Minerva Holdco, Inc.Series A Preferred Stock2/15/2022KPCI Holdings, L.P.Class A Units11/30/2020Patriot Holdings SCSp (dba Corza Health, Inc.)Class B Units1/29/2021Patriot Holdings SCSp (dba Corza Health, Inc.)Class A Units1/29/2021PCF Holdco, LLC (dba PCF Insurance Services)Class A Units11/1/2021Project Alpine Co-Invest Fund,
LPLP Interest6/10/2022Project Hotel California Co-Invest Fund, L.P. LP Interest8/9/2022PS Op Holdings LLC (fka QC Supply, LLC)**Class A Common Units12/21/2021Rhea Acquisition Holdings, LPSeries A-2 Units2/18/2022Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)*LLC Interest6/20/2017Space Exploration Technologies Corp.Class A Common Stock3/25/2021Space Exploration Technologies Corp.Class C Common Stock3/25/2021Sunshine Software Holdings, Inc. (dba Cornerstone OnDemand)Series A Preferred Stock10/14/2021New PLI Holdings, LLC (dba PLI)**Class A Common Units12/23/2020Thunder Topco L.P. (dba Vector Solutions)Common Units6/30/2021VEPF Torreys Aggregator, LLC (dba MINDBODY, Inc.)Series A Preferred Stock10/15/2021 Walker Edison Holdco LLC**Common Units3/1/2023Wingspire Capital Holdings LLC**LLC Interest9/24/2019WMC Bidco, Inc. (dba West Monroe)Senior Preferred Stock11/9/2021Zoro TopCo, L.P.Series A Preferred Stock11/22/2022Zoro TopCo, L.P.Class A Common Units11/22/2022 * Refer to Note 4 “Investments – Blue Owl Capital Corporation Senior Loan Fund LLC,” for further information. ** Refer to Note 3 “Agreements and Related Party Transactions – Controlled/Affiliated Portfolio Companies”.

[33] The interest rate on these loans is subject to 1 month LIBOR, which as of December 31, 2022 was 4.39%.

[34] The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

[35] The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

[36] The interest rate on these loans is subject to 1 month SOFR, which as of December 31, 2022 was 4.36%.

[37] The interest rate on these loans is subject to 6 month LIBOR, which as of June 30, 2023 was 5.76%.

[38] The interest rate on these loans is subject to Prime, which as of June 30, 2023 was 8.25%.

[39] The interest rate on these loans is subject to 6 month SOFR, which as of June 30, 2023 was 5.39%.

[40] The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

[41] The interest rate on these loans is subject to 6 month SOFR, which as of December 31, 2022 was 4.78%.

[42] The interest rate on these loans is subject to 3 month SOFR, which as of December 31, 2022 was 4.59%.

[43] The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

[44] The interest rate on these loans is subject to 3 month LIBOR, which as of June 30, 2023 was 5.55%.

[45] Contains a fixed-rate structure.

[46] Contains a fixed-rate structure.

[47] Level 2 investment.

[48] Level 2 investment.

[49] The interest rate on this loan is subject to 6 month EURIBOR, which as of June 30, 2023 was 3.90%.

[50] The interest rate on this loan is subject to 6 month EURIBOR, which as of December 31, 2022 was 2.69%.

[51] The interest rate on this loan is subject to 3 month EURIBOR, which as of December 31, 2022 was 2.13%.

[52] The interest rate on this loan is subject to SONIA, which as of June 30, 2023 was 4.93%.

[53] The interest rate on this loan is subject to SONIA, which as of December 31, 2022 was 3.43%.

[54] The interest rate on these loans is subject to 1 month LIBOR, which as of June 30, 2023 was 5.22%.

[55] Investment is not pledged as collateral for the credit facilities.

[56] Level 1 investment.

[57] Level 1 investment.

[58] For further description of the Company's investment in Blue Owl Capital Corporation Senior Loan Fund (fka ORCC Senior Loan Fund), see Note 4 "Investments."

[59] Investment measured at net asset value (“NAV”).

[60] Loan was on non-accrual status as of June 30, 2023.

[61] Loan was on non-accrual status as of December 31, 2022.

[62] As defined in the 1940 Act, the Company is deemed to be an “affiliated person” of this portfolio company as the Company owns more than 5% but less than 25% of the portfolio company's voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“non-controlled affiliate”). Transactions related to investments in non-controlled affiliates for the period ended December 31, 2022 were as follows: ($ in thousands)Fair value
as of December 31, 2021Gross Additions
(a)Gross Reductions(b)Change in Unrealized Gains (Losses)Fair value
as of December 31, 2022Interest IncomeDividend IncomeOther IncomeLSI Financing 1 DAC— 6,224 — (49)6,175 — — — Total Non-Controlled Affiliates$— $6,224 $— $(49)$6,175 $— $— $—  ________________ (a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category. (b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities.

[63] We invest in this portfolio company through underlying blocker entities Hercules Blocker 1 LLC, Hercules Blocker 2 LLC, Hercules Blocker 3 LLC, Hercules Blocker 4 LLC, and Hercules Blocker 5 LLC.

[64] We invest in this portfolio company through underlying blocker entities Hercules Blocker 1 LLC, Hercules Blocker 2 LLC, Hercules Blocker 3 LLC, Hercules Blocker 4 LLC, and Hercules Blocker 5 LLC.

[65] The interest rate on this loan is subject to 3 month EURIBOR, which as of June 30, 2023 was 3.58%.

[66] As defined in the 1940 Act, the Company is deemed to be an “affiliated person” of this portfolio company as the Company owns more than 5% but less than 25% of the portfolio company's voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“non-controlled affiliate”). Transactions related to investments in non-controlled affiliates for the period ended June 30, 2023 were as follows: ($ in thousands)Fair value
as of December 31, 2022Gross Additions
(a)Gross Reductions(b)Change in Unrealized Gains (Losses)Fair value
as of June 30, 2023Interest IncomeDividend IncomeOther IncomeLSI Financing 1 DAC6,175 15,045 (1,589)(5)19,626 — 177 — Total Non-Controlled Affiliates$6,175 $15,045 $(1,589)$(5)$19,626 $— $177 $—  ________________ (a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category. (b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities.

[67] The interest rate on this loan is subject to 1 month EURIBOR, which as of June 30, 2023 was 3.40%.

[68] For further description of the Company's investment in ORCC Senior Loan Fund LLC (fka Sebago Lake LLC), see Note 4 "Investments."

[69] Investment measured at net asset value (“NAV”).

[70] The interest rate on these loans is subject to Prime, which as of December 31, 2022 was 7.50%.

[71] Investment represents multiple underlying investments, including Midwest Custom Windows, LLC, Greater Toronto Custom Windows, Corp., Garden State Custom Windows, LLC, Long Island Custom Windows, LLC, Jemico, LLC, Atlanta Custom Windows, LLC and Fairchester Custom Windows (collectively, “Windows Entities”). Greater Toronto Custom Windows, Corp. is considered a non-qualifying asset, with a fair value of $9.1 million as of December 31, 2022.

[72] Investment represents multiple underlying investments, including Midwest Custom Windows, LLC, Greater Toronto Custom Windows, Corp., Garden State Custom Windows, LLC, Long Island Custom Windows, LLC, Jemico, LLC, Atlanta Custom Windows, LLC and Fairchester Custom Windows. Greater Toronto Custom Windows, Corp. is considered a non-qualifying asset, with a fair value of $9.9 million as of June 30, 2023.

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Consolidated Statements of Changes in Net Assets - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Increase (Decrease) in Net Assets Resulting from Operations
Net investment income (loss)		$ 186,676	$ 125,124	$ 364,536	$ 247,479
Net change in unrealized gain (loss)		8,937	(159,822)	85,542	(242,009)
Net realized gain (loss)		(51)	(248)	(52,673)	3,569
Net Increase (Decrease) in Net Assets Resulting from Operations		195,562	(34,946)	397,405	9,039
Distributions
Distributions declared from earnings	[1]	(152,000)	(122,085)	(296,786)	(244,404)
Capital Share Transactions
Repurchase of common shares		(11,968)	(10,017)	(34,058)	(10,017)
Reinvestment of distributions		0	0	0	11,951
Net Increase (Decrease) in Net Assets Resulting from Capital Share Transactions		(11,968)	(10,017)	(34,058)	1,934
Total Increase (Decrease) in Net Assets		31,594	(167,048)	66,561	(233,431)
Net Assets, at beginning of period		5,917,370	5,871,494	5,882,403	5,937,877
Net Assets, at end of period		$ 5,948,964	$ 5,704,446	$ 5,948,964	$ 5,704,446

[1] (1)For the three and six months ended June 30, 2023 distributions declared from earnings were derived from net investment income. For the three and six months ended June 30, 2022 distributions declared from earnings were derived from net investment income and capital gains.

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Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Cash Flows from Operating Activities
Net Increase (Decrease) in Net Assets Resulting from Operations	$ 195,562	$ (34,946)	$ 397,405	$ 9,039
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash used in operating activities:
Purchases of investments, net			(565,832)	(1,376,470)
Proceeds from investments and investment repayments, net			867,881	1,285,718
Net amortization/accretion of premium/discount on investments			(18,648)	(23,467)
Payment-in-kind interest and dividends			(113,628)	(69,210)
Net change in unrealized (gain) loss on investments			(85,668)	238,306
Net change in unrealized gain (loss) on interest rate swap attributed to unsecured notes			2,723	(65,238)
Net change in unrealized (gains) losses on translation of assets and liabilities in foreign currencies			(2,552)	4,071
Net realized (gain) loss on investments	(118)	51	52,365	(4,651)
Net realized (gain) loss on foreign currency transactions relating to investments			23	(6)
Amortization of debt issuance costs	7,562	8,697	14,426	14,807
Changes in operating assets and liabilities:
(Increase) decrease in interest receivable			318	12,654
(Increase) decrease in receivable from a controlled affiliate			(1,593)	(19,242)
(Increase) decrease in prepaid expenses and other assets			(1,744)	18,975
Increase (decrease) in management fee payable			440	103
Increase (decrease) in incentive fee payable			5,136	(2,701)
Increase (decrease) in payables to affiliate			143	(1,490)
Increase (decrease) in payables for investments purchased			0	0
Increase (decrease) in accrued expenses and other liabilities			(8,382)	53,544
Net cash provided by (used in) operating activities			542,813	74,742
Cash Flows from Financing Activities
Borrowings on debt			575,492	1,389,480
Payments on debt			(859,000)	(1,319,000)
Debt issuance costs			(4,748)	(6,658)
Repurchases of common stock			(34,058)	(10,015)
Cash distributions paid to shareholders			(297,691)	(232,435)
Net cash provided by (used in) financing activities			(620,005)	(178,628)
Net increase (decrease) in cash and restricted cash, including foreign cash (restricted cash of $(3,445) and $75,893, respectively)			(77,192)	(103,886)
Cash and restricted cash, including foreign cash, beginning of period (restricted cash of $96,420 and $21,481, respectively)			445,087	447,145	$ 447,145
Cash and restricted cash, including foreign cash, end of period (restricted cash of $92,975 and $97,374, respectively)	367,895	343,259	367,895	343,259	$ 445,087
Supplemental and Non-Cash Information
Interest paid during the period			190,971	101,231
Distributions declared during the period			296,786	244,404
Reinvestment of distributions during the period			0	11,951
Distributions Payable	$ 128,612	$ 122,085	128,612	122,085
Taxes, including excise tax, paid during the period			$ 1,495	$ 1,266

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Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Statement of Cash Flows [Abstract]
Net increase (decrease) in restricted cash	$ (3,445)	$ 75,893
Restricted cash	$ 92,975	$ 97,374

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Organization

6 Months Ended

Jun. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization

Organization

Blue Owl Capital Corporation (fka Owl Rock Capital Corporation) (the “Company”) is a Maryland corporation formed on October 15, 2015. The Company was formed primarily to originate and make loans to, and make debt and equity investments in, U.S. middle market companies. The Company invests in senior secured or unsecured loans, subordinated loans or mezzanine loans and, to a lesser extent, equity and equity-related securities including warrants, preferred stock and similar forms of senior equity, which may or may not be convertible into a portfolio company’s common equity. The Company’s investment objective is to generate current income and to a lesser extent, capital appreciation by targeting investment opportunities with favorable risk-adjusted returns.

The Company has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). In addition, for tax purposes, the Company is treated as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). Because the Company has elected to be regulated as a BDC and qualifies as a RIC under the Code, the Company’s portfolio is subject to diversification and other requirements.

On April 27, 2016, the Company formed a wholly-owned subsidiary, OR Lending LLC, a Delaware limited liability company, which holds a California finance lenders license. OR Lending LLC makes loans to borrowers headquartered in California. From time to time the Company may form wholly-owned subsidiaries to facilitate the normal course of business.

Blue Owl Credit Advisors LLC (fka Owl Rock Capital Advisors LLC) (the “Adviser”) serves as the Company’s investment adviser. The Adviser is registered with the Securities and Exchange Commission (“SEC”) as an investment adviser under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), an indirect affiliate of Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL) and part of Blue Owl’s Credit platform, which focuses on direct lending. Blue Owl consists of three investment platforms: (1) Credit, which focuses on direct lending, (2) GP Strategic Capital, which focuses on providing capital to institutional alternative asset managers, and (3) Real Estate, which focuses on real estate strategies. Subject to the overall supervision of the Company’s board of directors (the “Board”), the Adviser manages the day-to-day operations of, and provides investment advisory and management services to, the Company.

On July 22, 2019, the Company closed its initial public offering (“IPO”) and the Company’s common stock began trading on the New York Stock Exchange (“NYSE”) on July 18, 2019 ("Listing Date"). Since July 6, 2023, the Company's common stock has traded on the NYSE under the symbol "OBDC."

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Significant Accounting Policies

6 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

Significant Accounting Policies

Significant Accounting Policies

Basis of Presentation

The accompanying consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The Company is an investment company and, therefore, applies the specialized accounting and reporting guidance in Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies. In the opinion of management, all adjustments considered necessary for the fair presentation of the consolidated financial statements have been included. The Company was initially capitalized on March 1, 2016 and commenced operations on March 3, 2016. The Company’s fiscal year ends on December 31.

Use of Estimates

The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Actual amounts could differ from those estimates and such differences could be material.

Cash

Cash consists of deposits held at a custodian bank and restricted cash pledged as collateral. Cash is carried at cost, which approximates fair value. The Company deposits its cash with highly-rated banking corporations and, at times, may exceed the insured limits under applicable law.

Investments at Fair Value

Investment transactions are recorded on the trade date. Realized gains or losses are measured by the difference between the net proceeds received and the amortized cost basis of the investment using the specific identification method without regard to unrealized gains or losses previously recognized, and include investments charged off during the period, net of recoveries. The net change in unrealized gains or losses primarily reflects the change in investment values, including the reversal of previously recorded unrealized gains or losses with respect to investments realized during the period. Rule 2a-5 under the 1940 Act was adopted by the SEC in January 2021 and establishes requirements for determining fair value in good faith for purposes of the 1940 Act. The Company complied with the mandatory provisions of Rule 2a-5 by the September 2022 compliance date. Additionally, commencing with the fourth quarter of 2022, pursuant to Rule 2a-5, the Board designated the Adviser as the Company's valuation designee to perform fair value determinations relating to the value of assets held by the Company for which market quotations are not readily available.

Investments for which market quotations are readily available are typically valued at the average bid price of those market quotations. To validate market quotations, the Company utilizes a number of factors to determine if the quotations are representative of fair value, including the source and number of the quotations. Debt and equity securities that are not publicly traded or whose market prices are not readily available, as is the case for substantially all of the Company’s investments, are valued at fair value as determined in good faith by the Adviser, as the valuation designee, based on, among other things, the input of the independent third-party valuation firm(s) engaged at the direction of the Adviser.

As part of the valuation process, the Adviser, as the valuation designee, takes into account relevant factors in determining the fair value of the Company’s investments, including: the estimated enterprise value of a portfolio company (i.e., the total fair value of the portfolio company’s debt and equity), the nature and realizable value of any collateral, the portfolio company’s ability to make payments based on its earnings and cash flow, the markets in which the portfolio company does business, a comparison of the portfolio company’s securities to any similar publicly traded securities, and overall changes in the interest rate environment and the credit markets that may affect the price at which similar investments may be made in the future. When an external event such as a purchase or sale transaction, public offering or subsequent equity sale occurs, the Adviser, as the valuation designee, considers whether the pricing indicated by the external event corroborates its valuation.

The Adviser, as the valuation designee, undertakes a multi-step valuation process, which includes, among other procedures, the following:

•With respect to investments for which market quotations are readily available, those investments will typically be valued at the average bid price of those market quotations;

•With respect to investments for which market quotations are not readily available, the valuation process begins with the independent valuation firm(s) providing a preliminary valuation of each investment to the Adviser’s valuation committee;

•Preliminary valuation conclusions are documented and discussed with the Adviser’s valuation committee;

•The Adviser, as the valuation designee, reviews the recommended valuations and determines the fair value of each investment;

•Each quarter, the Adviser, as the valuation designee, will provide the Audit Committee a summary or description of material fair value matters that occurred in the prior quarter and on an annual basis, the Adviser, as the valuation designee, will provide the Audit Committee with a written assessment of the adequacy and effectiveness of its fair value process; and

•The Audit Committee oversees the valuation designee and will report to the Board on any valuation matters requiring the Board’s attention.

The Company conducts this valuation process on a quarterly basis.

The Company applies Financial Accounting Standards Board (“FASB”) Accounting Standards Codification 820, Fair Value Measurements (“ASC 820”), as amended, which establishes a framework for measuring fair value in accordance with U.S. GAAP and required disclosures of fair value measurements. ASC 820 determines fair value to be the price that would be received for an investment in a current sale, which assumes an orderly transaction between market participants on the measurement date. Market participants are defined as buyers and sellers in the principal or most advantageous market (which may be a hypothetical market) that are independent, knowledgeable, and willing and able to transact. In accordance with ASC 820, the Company considers its principal market to be the market that has the greatest volume and level of activity. ASC 820 specifies a fair value hierarchy that prioritizes and ranks the level of observability of inputs used in determination of fair value. In accordance with ASC 820, these levels are summarized below:

•Level 1 – Valuations based on quoted prices in active markets for identical assets or liabilities that the Company has the ability to access.

•Level 2 – Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly.

•Level 3 – Valuations based on inputs that are unobservable and significant to the overall fair value measurement.

Transfers between levels, if any, are recognized at the beginning of the period in which the transfer occurs. In addition to using the above inputs in investment valuations, the Company applies the valuation policy approved by its Board that is consistent with ASC 820. Consistent with the valuation policy, the Adviser, as the valuation designee, evaluates the source of the inputs, including any markets in which its investments are trading (or any markets in which securities with similar attributes are trading), in determining fair value. When an investment is valued based on prices provided by reputable dealers or pricing services (such as broker quotes), the Adviser, as the valuation designee, subjects those prices to various criteria in making the determination as to whether a particular investment would qualify for treatment as a Level 2 or Level 3 investment. For example, the Adviser, as the valuation designee, or the independent valuation firm(s), reviews pricing support provided by dealers or pricing services in order to determine if observable market information is being used, versus unobservable inputs.

Due to the inherent uncertainty of determining the fair value of investments that do not have a readily available market value, the fair value of the Company’s investments may fluctuate from period to period. Additionally, the fair value of such investments may differ significantly from the values that would have been used had a ready market existed for such investments and may differ materially from the values that may ultimately be realized. Further, such investments are generally less liquid than publicly traded securities and may be subject to contractual and other restrictions on resale. If the Company were required to liquidate a portfolio investment in a forced or liquidation sale, it could realize amounts that are different from the amounts presented and such differences could be material.

In addition, changes in the market environment and other events that may occur over the life of the investments may cause the gains or losses ultimately realized on these investments to be different than the unrealized gains or losses reflected herein.

Financial and Derivative Instruments

Pursuant to ASC 815 Derivatives and Hedging, all derivative instruments entered into by the Company are designated as hedging instruments. For all derivative instruments designated as a hedge, the entire change in the fair value of the hedging instrument shall be recorded in the same line item of the Consolidated Statements of Operations as the hedged item. The Company’s derivative instruments are used to hedge the Company’s fixed rate debt, and therefore both the periodic payment and the change in fair value for the effective hedge, if applicable, will be recognized as components of interest expense in the Consolidated Statements of Operations. Fair value is estimated by discounting remaining payments using applicable current market rates, or market quotes, if available. Rule 18f-4 was adopted by the SEC in December 2020, and requires BDCs that use derivatives to, among other things, comply with a value-at-risk leverage limit, adopt a derivatives risk management program, and implement certain testing and board reporting procedures.

Foreign Currency

Foreign currency amounts are translated into U.S. dollars on the following basis:

•cash, fair value of investments, outstanding debt, other assets and liabilities: at the spot exchange rate on the last business day of the period; and

•purchases and sales of investments, borrowings and repayments of such borrowings, income and expenses: at the rates of exchange prevailing on the respective dates of such transactions.

The Company includes net changes in fair values on investments held resulting from foreign exchange rate fluctuations with the change in unrealized gains (losses) on translation of assets and liabilities in foreign currencies on the Consolidated Statements of Operations. The Company’s current approach to hedging the foreign currency exposure in its non-U.S. dollar denominated investments is primarily to borrow the par amount in local currency under the Company’s Revolving Credit Facility to fund these investments. Fluctuations arising from the translation of foreign currency borrowings are included with the net change in unrealized gains (losses) on translation of assets and liabilities in foreign currencies on the Consolidated Statements of Operations.

Investments denominated in foreign currencies and foreign currency transactions may involve certain considerations and risks not typically associated with those of domestic origin, including unanticipated movements in the value of the foreign currency relative to the U.S. dollar.

Interest and Dividend Income Recognition

Interest income is recorded on the accrual basis and includes amortization or accretion of premiums or discounts. Certain investments may have contractual payment-in-kind (“PIK”) interest or dividends. PIK interest and dividends represent accrued interest or dividends that are added to the principal amount or liquidation amount of the investment on the respective interest or dividend payment dates rather than being paid in cash and generally becomes due at maturity or at the occurrence of a liquidation event. For the three and six months ended June 30, 2023, PIK interest and PIK dividend income earned was $53.5 million and $106.4 million, representing 13.6% and 13.8% of investment income, respectively. For the three and six months ended June 30, 2022, PIK interest and PIK dividend income earned was $32.1 million and $59.6 million million, representing 11.7% and 11.1% of investment income, respectively. Discounts to par value on securities purchased are amortized into interest income over the contractual life of the respective security using the effective yield method. Premiums to par value on securities purchased are amortized to first call date. The amortized cost of investments represents the original cost adjusted for the amortization or accretion of premiums or discounts, if any. Upon prepayment of a loan or debt security, any prepayment premiums, unamortized upfront loan origination fees and unamortized discounts are recorded as interest income in the current period.

Loans are generally placed on non-accrual status when there is reasonable doubt that principal or interest will be collected in full. Accrued interest is generally reversed when a loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as income or applied to principal depending upon management’s judgment regarding collectability. If at any point the Company believes PIK interest or dividends are not expected to be realized, the investment generating PIK interest or dividends will be placed on non-accrual status. When a PIK investment is placed on non-accrual status, the accrued, uncapitalized interest or dividends are generally reversed through interest income. Non-accrual loans are restored to accrual status when past due principal and interest is paid current and, in management’s judgment, are likely to remain current. Management may make exceptions to this treatment and determine to not place a loan on non-accrual status if the loan has sufficient collateral value and is in the process of collection.

Dividend income on preferred equity securities is recorded on the accrual basis to the extent that such amounts are payable by the portfolio company and are expected to be collected. Dividend income on common equity securities is recorded on the record date for private portfolio companies or on the ex-dividend date for publicly-traded portfolio companies.

Other Income

From time to time, the Company may receive fees for services provided to portfolio companies. These fees are generally only available to the Company as a result of closing investments, are generally paid at the closing of the investments, are generally non-recurring and are recognized as revenue when earned upon closing of the investment. The services that the Adviser provides vary by investment, but can include closing, work, diligence or other similar fees and fees for providing managerial assistance to our portfolio companies.

Offering Expenses

Costs associated with the private placement offering of common shares of the Company were capitalized as deferred offering expenses and included in prepaid expenses and other assets in the Consolidated Statements of Assets and Liabilities and were amortized over a twelve-month period from incurrence. The Company records expenses related to public equity offerings as a reduction of capital upon completion of an offering of registered securities. The costs associated with renewals of the Company’s shelf registration statement will be expensed as incurred.

Debt Issuance Costs

The Company records origination and other expenses related to its debt obligations as deferred financing costs. These expenses are deferred and amortized utilizing the effective yield method, over the life of the related debt instrument. Debt issuance costs are presented on the Consolidated Statements of Assets and Liabilities as a direct deduction from the debt liability. In circumstances in which there is not an associated debt liability amount recorded in the consolidated financial statements when the debt issuance costs are incurred, such debt issuance costs will be reported on the Consolidated Statements of Assets and Liabilities as an asset until the debt liability is recorded.

Reimbursement of Transaction-Related Expenses

The Company may receive reimbursement for certain transaction-related expenses in pursuing investments. Transaction-related expenses, which are generally expected to be reimbursed by the Company’s portfolio companies, are typically deferred until the transaction is consummated and are recorded in prepaid expenses and other assets on the date incurred. The costs of successfully completed investments not otherwise reimbursed are borne by the Company and are included as a component of the investment’s cost basis.

Cash advances received in respect of transaction-related expenses are recorded as cash with an offset to accrued expenses and other liabilities. Accrued expenses and other liabilities are relieved as reimbursable expenses are incurred.

Income Taxes

The Company has elected to be treated as a BDC under the 1940 Act. The Company has elected to be treated as a RIC under the Code beginning with its taxable year ending December 31, 2016 and intends to continue to qualify as a RIC. So long as the Company maintains its tax treatment as a RIC, it generally will not pay U.S. federal income taxes at corporate rates on any ordinary income or capital gains that it distributes at least annually to its shareholders as dividends. Instead, any tax liability related to income earned and distributed by the Company represents obligations of the Company’s investors and will not be reflected in the consolidated financial statements of the Company.

To qualify as a RIC, the Company must, among other things, meet certain source-of-income and asset diversification requirements. In addition, to qualify for RIC tax treatment, the Company must distribute to its shareholders, for each taxable year, at least 90% of its “investment company taxable income” for that year, which is generally its ordinary income plus the excess of its realized net short-term capital gains over its realized net long-term capital losses. In order for the Company not to be subject to U.S. federal excise taxes, it must distribute annually an amount at least equal to the sum of (i) 98% of its net ordinary income (taking into account certain deferrals and elections) for the calendar year, (ii) 98.2% of its capital gains in excess of capital losses for the one-year period ending on October 31 of the calendar year and (iii) any net ordinary income and capital gains in excess of capital losses for preceding years that were not distributed during such years. The Company, at its discretion, may carry forward taxable income in excess of calendar year dividends and pay a 4% nondeductible U.S. federal excise tax on this income.

Certain of the Company’s consolidated subsidiaries are subject to U.S. federal and state corporate-level income taxes.

The Company evaluates tax positions taken or expected to be taken in the course of preparing its consolidated financial statements to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions not deemed to meet the “more-likely-than-not” threshold are reserved and recorded as a tax benefit or expense in the current year. All penalties and interest associated with income taxes are included in income tax expense. Conclusions regarding tax positions are subject to review and may be adjusted at a later date based on factors including, but not limited to, on-going analyses of tax laws, regulations and interpretations thereof. There were no material uncertain tax positions through December 31, 2022. As applicable, the Company’s prior three tax years remain subject to examination by U.S. federal, state and local tax authorities.

Distributions to Common Shareholders

Distributions to common shareholders are recorded on the record date. The amount to be distributed is determined by the Board and is generally based upon the earnings estimated by the Adviser. In addition, the Board may consider the level of undistributed taxable income carried forward from the prior year for distribution in the current year. Net realized long-term capital gains, if any, would generally be distributed at least annually, although the Company may decide to retain such capital gains for investment.

The Company has adopted a dividend reinvestment plan that provides for reinvestment of any cash distributions on behalf of shareholders, unless a shareholder elects to receive cash. As a result, if the Board authorizes and declares a cash distribution, then the shareholders who have not “opted out” of the dividend reinvestment plan will have their cash distribution automatically reinvested in additional shares of the Company’s common stock, rather than receiving the cash distribution. The Company expects to use newly issued shares or shares purchased in the open-market to implement the dividend reinvestment plan.

Consolidation

As provided under Regulation S-X and ASC Topic 946 – Financial Services – Investment Companies, the Company will generally not consolidate its investment in a company other than a wholly-owned investment company or controlled operating company whose business consists of providing services to the Company. Accordingly, the Company consolidated the accounts of the Company’s wholly-owned subsidiaries that meet the aforementioned criteria in its consolidated financial statements. All significant intercompany balances and transactions have been eliminated in consolidation.

The Company does not consolidate its equity interest in Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC) ("OBDC SLF"), Wingspire Capital Holdings LLC (“Wingspire”), Fifth Season Investment LLC (fka Chapford SMA Partnership, L.P.) ("Fifth Season"), or AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, "Amergin AssetCo"). For further description of the Company’s investment in OBDC SLF, see Note 4 “Investments”. For further description of the Company’s investments in Wingspire, Amergin AssetCo and Fifth Season, see Note 3 “Agreements and Related Party Transactions – Controlled/Affiliated Portfolio Companies”.

New Accounting Pronouncements

In March 2020, the FASB issued ASU No. 2020-04, “Reference Rate Reform (Topic 848),” which provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts, hedging relationships, and other transactions that reference London Interbank Offered Rate (“LIBOR”) or another reference rate expected to be discontinued because of reference rate reform. In January 2021, the FASB issued ASU No. 2021-01, “Reference Rate Reform (Topic 848),” which expanded the scope of Topic 848 to include derivative instruments impacted by discounting transition. In December 2022, the FASB issued ASU No. 2022-06, “Reference Rate Reform (Topic 848),” which extended the transition period provided under ASU No. 2020-04 and 2021-01 for all entities from December 31, 2022 to December 31, 2024. ASU No. 2021-01 provides increased clarity as the Company continues to evaluate the transition of reference rates and is currently evaluating the impact of adopting ASU No. 2020-04, 2021-01 and 2022-06 on the consolidated financial statements.

In June 2022, the FASB issued ASU No. 2022-03, “Fair Value Measurement (Topic 820),” which clarifies the guidance in Topic 820 when measuring the fair value of an equity security subject to contractual restrictions that prohibit the sale of an equity security and introduces new disclosure requirements for equity securities subject to contractual sale restrictions that are measured at fair value in accordance with Topic 820. The amendments affect all entities that have investments in equity securities measured at fair value that are subject to a contractual sale restriction. ASU 2022-03 is effective for public business entities for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. For all other entities the amendments are effective for fiscal years beginning after December 15, 2024, and interim periods within those fiscal years. Early adoption is permitted for both interim and annual financial statements that have not yet been issued or made available for issuance. An entity that qualifies as an investment company under Topic 946 should apply the amendments in ASU No. 2022-03 to an investment in an equity security subject to a contractual sale restriction that is executed or modified on or after the date of adoption. The Company is currently evaluating the impact of adopting ASU No. 2022-03 on the consolidated financial statements.

Other than the aforementioned guidance, the Company’s management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the accompanying consolidated financial statements.

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Agreements and Related Party Transactions

6 Months Ended

Jun. 30, 2023

Related Party Transactions [Abstract]

Agreements and Related Party Transactions

Agreements and Related Party Transactions

Administration Agreement

The Company has entered into an amended and restated Administration Agreement (the “Administration Agreement”) with the Adviser. Under the terms of the Administration Agreement, the Adviser performs, or oversees, the performance of, required administrative services, which includes providing office space, equipment and office services, maintaining financial records, preparing reports to shareholders and reports filed with the SEC, and managing the payment of expenses and the performance of administrative and professional services rendered by others.

The Administration Agreement also provides that the Company reimburses the Adviser for certain offering costs.

The Company reimburses the Adviser for services performed for it pursuant to the terms of the Administration Agreement. In addition, pursuant to the terms of the Administration Agreement, the Adviser may delegate its obligations under the Administration Agreement to an affiliate or to a third party and the Company will reimburse the Adviser for any services performed for it by such affiliate or third party.

Unless earlier terminated as described below, the Administration Agreement will remain in effect for two years from the date it first became effective, and will remain in effect from year to year thereafter if approved annually by (1) the vote of the Board, or by the vote of a majority of its outstanding voting securities, and (2) the vote of a majority of the Company’s directors who are not “interested persons” of the Company, of the Adviser or of any of their respective affiliates, as defined in the 1940 Act. On May 8, 2023, the Board approved the continuation of the Administration Agreement. The Administration Agreement may be terminated at any time, without the payment of any penalty, on 60 days’ written notice, by the vote of a majority of the outstanding voting securities of the Company, or by the vote of the Board or by the Adviser.

No person who is an officer, director, or employee of the Adviser or its affiliates and who serves as a director of the Company receives any compensation from the Company for his or her services as a director. However, the Company reimburses the Adviser (or its affiliates) for an allocable portion of the compensation paid by the Adviser or its affiliates to the Company’s Chief Compliance Officer, Chief Financial Officer and their respective staffs (based on the percentage of time those individuals devote, on an estimated basis, to the business and affairs of the Company). Directors who are not affiliated with the Adviser receive compensation for their services and reimbursement of expenses incurred to attend meetings.

For the three and six months ended June 30, 2023 the Company incurred expenses of approximately $2.0 million and $3.9 million, respectively, for costs and expenses reimbursable to the Adviser under the terms of the Administration Agreement. For the three and six months ended June 30, 2022 the Company incurred expenses of approximately $1.4 million and $2.9 million, respectively, for costs and expenses reimbursable to the Adviser under the terms of the Administration Agreement.

Investment Advisory Agreement

The Investment Advisory Agreement became effective on May 18, 2021. Under the terms of the Investment Advisory Agreement, the Adviser is responsible for managing the Company’s business and activities, including sourcing investment opportunities, conducting research, performing diligence on potential investments, structuring its investments, and monitoring its portfolio companies on an ongoing basis through a team of investment professionals.

The Adviser’s services under the Investment Advisory Agreement are not exclusive, and it is free to furnish similar services to other entities so long as its services to the Company are not impaired.

Unless earlier terminated as described below, the Investment Advisory Agreement will remain in effect for two years from the date it first became effective, and will remain in effect from year-to-year thereafter if approved annually by a majority of the Board or by the holders of a majority of our outstanding voting securities and, in each case, by a majority of independent directors. On May 8, 2023, the Board approved the continuation of the Investment Advisory Agreement.

The Investment Advisory Agreement will automatically terminate within the meaning of the 1940 Act and related SEC guidance and interpretations in the event of its assignment. In accordance with the 1940 Act, without payment of any penalty, the Company may terminate the Investment Advisory Agreement with the Adviser upon 60 days’ written notice. The decision to terminate the agreement may be made by a majority of the Board or the shareholders holding a majority (as defined under the 1940 Act) of the outstanding shares of the Company’s common stock or the Adviser. In addition, without payment of any penalty, the Adviser may generally terminate the Investment Advisory Agreement upon 60 days’ written notice and, in certain circumstances, the Adviser may only be able to terminate the Investment Advisory Agreement upon 120 days’ written notice.

From time to time, the Adviser may pay amounts owed by the Company to third-party providers of goods or services, including the Board, and the Company will subsequently reimburse the Adviser for such amounts paid on its behalf. Amounts payable to the Adviser are settled in the normal course of business without formal payment terms.

Under the terms of the Investment Advisory Agreement, the Company will pay the Adviser a base management fee and may also pay to it certain incentive fees. The cost of both the management fee and the incentive fee will ultimately be borne by the Company’s shareholders.

The management fee is currently payable quarterly in arrears. The management fee is payable at an annual rate of (x) 1.50% of the Company’s average gross assets (excluding cash and cash equivalents, but including assets purchased with borrowed amounts) that is above an asset coverage ratio of 200% calculated in accordance with Sections 18 and 61 of the 1940 Act and (y) 1.00% of the Company’s average gross assets (excluding cash and cash equivalents, but including assets purchased with borrowed amounts) that is below an asset coverage ratio of 200% calculated in accordance with Section 18 and 61 of the 1940 Act, in each case, at the end of the two most recently completed calendar quarters. The management fee for any partial month or quarter, as the case may be, will be appropriately prorated and adjusted for any share issuances or repurchases during the relevant calendar months or quarters, as the case may be.

For the three and six months ended June 30, 2023, management fees were $48.0 million and $96.1 million, respectively. For the three and six months ended June 30, 2022, management fees were $46.9 million and $94.3 million, respectively.

The incentive fee consists of two components that are independent of each other, with the result that one component may be payable even if the other is not. A portion of the incentive fee is based on the Company’s pre-incentive fee net investment income and a portion is based on the Company’s capital gains. The portion of the incentive fee based on pre-incentive fee net investment income is determined and paid quarterly in arrears commencing with the first calendar quarter following the Listing Date, and equals 100% of the pre-incentive fee net investment income in excess of a 1.5% quarterly “hurdle rate,” until the Adviser has received 17.5% of the total pre-incentive fee net investment income for that calendar quarter and, for pre-incentive fee net investment income in excess of 1.82% quarterly, 17.5% of all remaining pre-incentive fee net investment income for that calendar quarter.

The second component of the incentive fee, the capital gains incentive fee, payable at the end of each calendar year in arrears, equals 17.5% of cumulative realized capital gains from the Listing Date to the end of each calendar year, less cumulative realized capital losses and unrealized capital depreciation from the Listing Date to the end of each calendar year, less the aggregate amount of any previously paid capital gains incentive fee for prior periods. In no event will the capital gains incentive fee payable pursuant to the Investment Advisory Agreement be in excess of the amount permitted by the Advisers Act of 1940, as amended, including Section 205 thereof.

While the Investment Advisory Agreement neither includes nor contemplates the inclusion of unrealized gains in the calculation of the capital gains incentive fee, as required by U.S. GAAP, the Company accrues capital gains incentive fees on unrealized gains. This accrual reflects the incentive fees that would be payable to the Adviser if the Company’s entire investment portfolio was liquidated at its fair value as of the balance sheet date even though the Adviser is not entitled to an incentive fee with respect to unrealized gains unless and until such gains are actually realized.

For the three and six months ended June 30, 2023, the Company incurred $39.6 million and 77.3 million of performance based incentive fees based on net investment income, respectively. For the three and six months ended June 30, 2022, the Company incurred $26.5 million and $52.5 million of performance based incentive fees based on net investment income, respectively.

For the three and six months ended June 30, 2023 and 2022, the Company did not accrue capital gains based incentive fees.

Affiliated Transactions

The Company may be prohibited under the 1940 Act from participating in certain transactions with its affiliates without prior approval of the directors who are not interested persons, and in some cases, the prior approval of the SEC. The Company, the Adviser and certain of their affiliates have been granted an order for exemptive relief (the “Order”) by the SEC for the Company to co-invest with other funds managed by the Adviser or certain affiliates in a manner consistent with the Company’s investment objective, positions, policies, strategies and restrictions as well as regulatory requirements and other pertinent factors. Pursuant to such Order, the Company generally is permitted to co-invest with certain of its affiliates if a “required majority” (as defined in Section 57(o) of the 1940 Act) of the Board make certain conclusions in connection with a co-investment transaction, including that (1) the terms of the transaction, including the consideration to be paid, are reasonable and fair to the Company and its shareholders and do not involve overreaching by the Company or its shareholders on the part of any person concerned, (2) the transaction is consistent with the interests of the Company’s shareholders and is consistent with its investment objective and strategies, (3) the investment by its affiliates would not disadvantage the Company, and the Company’s participation would not be on a basis different from or less advantageous than that on which its affiliates are investing and (4) the proposed investment by the Company would not benefit the Adviser or its affiliates or any affiliated person of any of them (other than the parties to the transaction), except to the extent permitted by the Order and applicable law, including the limitations set forth in Section 57(k) of the 1940 Act. In addition, the Company has received an amendment to its Order to permit it to participate in follow-on investments in its existing portfolio companies with certain affiliates that are private funds, if such private funds did not have an investment in such existing portfolio company.

The Adviser is affiliated with Blue Owl Technology Credit Advisors LLC (“OTCA”), Blue Owl Technology Credit Advisors II LLC ("OTCA II"), Blue Owl Credit Private Fund Advisors LLC (“OPFA”) and Blue Owl Diversified Credit Advisors LLC (“ODCA” together with OTCA, OTCA II, OPFA and the Adviser, the "Blue Owl Credit Advisers"), which are also registered investment advisers. The Blue Owl Credit Advisers are affiliates of Blue Owl and comprise part of Blue Owl's Credit platform, which focuses on direct lending. The Blue Owl Credit Advisers’ allocation policy seeks to ensure equitable allocation of investment opportunities over time between the Company and other funds managed by the Adviser or its affiliates. As a result of the Order, there could be significant overlap in the Company’s investment portfolio and the investment portfolio of the business development companies, private funds and separately managed accounts managed by the Blue Owl Credit Advisers (collectively, the "Blue Owl Credit Clients") and/or other funds managed by the Adviser or its affiliates that could avail themselves of the Order and that have an investment objective similar to the Company's.

License Agreement

On July 6, 2023, the Company entered into a license agreement (the “License Agreement”) with an affiliate of Blue Owl, pursuant to which we were granted a non-exclusive license to use the name “Blue Owl.” Under the License Agreement, the Company has a right to use the Blue Owl name for so long as the Adviser or one of its affiliates remains the Company’s investment adviser. Other than with respect to this limited license, the Company will have no legal right to the “Blue Owl” name or logo.

Controlled/Affiliated Portfolio Companies

Under the 1940 Act, the Company is required to separately identify non-controlled investments where it owns 5% or more of a portfolio company’s outstanding voting securities and/or has the power to exercise control over the management or policies of such portfolio company as investments in “affiliated” companies. In addition, under the 1940 Act, the Company is required to separately identify investments where it owns more than 25% of a portfolio company’s outstanding voting securities and/or has the power to exercise control over the management or policies of such portfolio company as investments in “controlled” companies. Under the 1940 Act, “non-affiliated investments” are defined as investments that are neither controlled investments nor affiliated investments. Detailed information with respect to the Company’s non-controlled, non-affiliated; non-controlled, affiliated; and controlled affiliated investments is contained in the accompanying consolidated financial statements, including the consolidated schedule of investments.

The Company has made investments in controlled, affiliated companies, including OBDC SLF, Wingspire, Amergin AssetCo and Fifth Season and in a non-controlled, affiliated company, LSI Financing DAC 1 ("LSI Financing"). For further description of OBDC SLF, see “Note 4. Investments.”

Wingspire is an independent diversified direct lender focused on providing asset-based commercial finance loans and related senior secured loans to U.S.-based middle market borrowers. Wingspire offers a wide variety of asset-based financing solutions to businesses in an array of industries, including revolving credit facilities, machinery and equipment term loans, real estate term loans, first-in/last-out tranches, cash flow term loans, and opportunistic / bridge financings. Wingspire conducts its business through an indirectly owned subsidiary, Wingspire Capital LLC. The Company committed $50 million to Wingspire on September 24, 2019, and subsequently increased its commitment to $100 million on March 25, 2020, to $150 million on July 31, 2020, to $200 million on March 8, 2021, to $250 million on August 19, 2021, to $350 million on February 28, 2022, to $400 million on May 21, 2022 and again to $450 million on February 28, 2023. The Company does not consolidate its equity interest in Wingspire.

Amergin AssetCo was created to invest in a leasing platform focused on railcar and aviation assets. Amergin consists

of Amergin AssetCo and Amergin Asset Management LLC, which has entered into a Servicing Agreement with Amergin AssetCo. The Company made a $90 million equity commitment to Amergin AssetCo on July 1, 2022. The Company’s investment in Amergin is a co-investment made with the Company’s affiliates in accordance with the terms of the exemptive relief that the Company received from the SEC. The Company does not consolidate its equity interest in Amergin AssetCo.

Fifth Season is a portfolio company created to invest in life settlement assets. On July 18, 2022, the Company made a $15.9 million equity commitment to Fifth Season. The Company increased its investment in Fifth Season on October 17, 2022, November 9, 2022, November 15, 2022, November 29, 2022, February 9, 2023, May 3, 2023, June 1, 2023, June 13, 2023 and June 20, 2023 by $73.6 million, $1.7 million, $7.3 million, $7.0 million, $5.3 million, $5.3 million, $3.5 million, $3.5 million and $3.5 million, respectively. The Company’s investment in Fifth Season is a co-investment with its affiliates in accordance with the terms of the exemptive relief that the Company received from the SEC. The Company does not consolidate its equity interest in Fifth Season.

LSI Financing is a portfolio company formed to acquire contractual rights to revenue pursuant to earnout agreements generally in the life sciences space. On December 14, 2022, the Company made a $6.2 million investment in LSI Financing. The Company increased its investment in LSI Financing on February 17, 2023, February 24, 2023, and March 16, 2023 by $2.8 million, $0.3 million, and $11.9 million, respectively. The Company’s investment in LSI Financing is a co-investment with its affiliates in accordance with the terms of the exemptive relief that we received from the SEC. The Company does not consolidate its equity interest in LSI Financing.

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Investments

6 Months Ended

Jun. 30, 2023

Schedule of Investments [Abstract]

Investments

Investments

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

The table below presents the composition of investments at fair value and amortized cost as of the following periods:

	June 30, 2023				December 31, 2022
($ in thousands)	Amortized Cost		Fair Value		Amortized Cost		Fair Value
First-lien senior secured debt investments	$	8,954,884	$	8,898,911	$	9,388,499	$	9,279,179
Second-lien senior secured debt investments	1,889,071		1,822,865		1,934,274		1,860,978
Unsecured debt investments	284,905		273,372		270,714		248,019
Preferred equity investments(3)	403,517		400,625		361,690		355,261
Common equity investments(1)	906,255		1,132,742		772,116		977,927
Joint ventures(2)(4)	385,339		364,428		318,839		288,981
Total Investments	$	12,823,971	$	12,892,943	$	13,046,132	$	13,010,345

_______________

(1)Includes equity investment in Wingspire, Amergin AssetCo, and Fifth Season.

(2)Includes equity investment in OBDC SLF. See below, within Note 4, for more information regarding OBDC SLF.

(3)Includes equity investment in LSI Financing.

(4)This was disclosed as “Investment funds and vehicles” as of December 31, 2022.

The table below presents the industry composition of investments based on fair value as of the following periods:

	June 30, 2023		December 31, 2022
Advertising and media	1.5	%	1.5	%
Aerospace and defense	2.9		2.8
Asset based lending and fund finance(1)	5.7		4.9
Automotive	2.0		1.5
Buildings and real estate	3.8		3.7
Business services	3.0		2.9
Chemicals	1.5		1.6
Consumer products	3.9		3.9
Containers and packaging	1.3		1.3
Distribution	3.6		4.2
Education	1.0		1.0
Financial services	4.1		5.0
Food and beverage	6.4		6.7
Healthcare equipment and services	4.0		3.9
Healthcare providers and services	4.6		4.5
Healthcare technology	4.7		4.8
Household products	2.3		2.1
Human resource support services	1.5		1.5
Infrastructure and environmental services	1.3		1.2
Insurance(3)	9.8		9.3
Internet software and services	13.4		13.3
Joint ventures(2)(5)	2.8		2.2
Leisure and entertainment	1.8		2.2
Manufacturing	5.7		5.8
Oil and gas	0.3		0.8
Pharmaceuticals(4)	0.2		—
Professional services	4.0		3.5
Specialty retail	2.2		2.2
Transportation	0.7		1.7
Total	100.0	%	100.0	%

_______________

(1)Includes equity investment in Wingspire and Amergin AssetCo.

(2)Includes equity investment in OBDC SLF. See below, within Note 4, for more information regarding OBDC SLF.

(3)Includes equity investment in Fifth Season.

(4)Includes equity investment in LSI Financing.

(5)This was disclosed as “Investment funds and vehicles” as of December 31, 2022.

The table below presents the geographic composition of investments based on fair value as of the following periods:

	June 30, 2023		December 31, 2022
United States:
Midwest	18.0	%	17.5	%
Northeast	21.1		20.4
South	32.9		34.4
West	20.7		20.6
International	7.3		7.1
Total	100.0	%	100.0	%

Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)

Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC) ("OBDC SLF"), a Delaware limited liability company, was formed as a joint venture between the Company and The Regents of the University of California (“Regents”) and commenced operations on June 20, 2017. OBDC SLF’s principal purpose is to make investments, primarily in senior secured loans that are made to middle-market companies or in broadly syndicated loans. Through June 30, 2021, both the Company and Regents had a 50% economic ownership in OBDC SLF. Effective as of June 30, 2021, capital commitments to OBDC SLF were increased to an aggregate of $371.5 million. In connection with this change, the Company increased its economic ownership interest to 87.5% from 50.0% and Regents transferred its remaining economic interest of 12.5% to Nationwide Life Insurance Company (“Nationwide” and together with the Company, the “Members” and each a “Member”). On July 26, 2022, the Members increased their capital commitments in OBDC SLF to an aggregate of $571.5 million. OBDC SLF is managed by the Members, each of which have equal voting rights. Investment decisions must be approved by each of the Members. Except under certain circumstances, contributions to OBDC SLF cannot be redeemed.

The Company has determined that OBDC SLF is an investment company under ASC 946; however, in accordance with such guidance, the Company will generally not consolidate its investment in a company other than a wholly owned investment company subsidiary or a controlled operating company whose business consists of providing services to the Company. Other than for purposes of the 1940 Act, the Company does not believe that it has control over this portfolio company. Accordingly, the Company does not consolidate its non-controlling interest in OBDC SLF.

As of June 30, 2023 and December 31, 2022, OBDC SLF had total investments in senior secured debt at fair value of $1.1 billion and $997.4 million, respectively. The determination of fair value is in accordance with ASC 820; however, such fair value is not included in the Company’s valuation process described herein. The tables below presents a summary of OBDC SLF’s portfolio as well as a listing of the portfolio investments in its portfolio as of the following periods:

($ in thousands)	June 30, 2023			December 31, 2022
Total senior secured debt investments(1)	$	1,139,146		$	1,045,865
Weighted average spread over base rate(1)	4.17		%	4.05		%
Number of portfolio companies	61			56
Largest funded investment to a single borrower(1)	40,062			40,272

_______________

(1)At par.

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of June 30, 2023 ($ in thousands) (Unaudited)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Debt Investments
Aerospace and defense
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(15)	First lien senior secured loan	S +	6.00%	1/2025	$	33,932	$	33,812	$	29,191	7.0	%
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(13)(15)	First lien senior secured revolving loan	S +	6.00%	1/2025	3,000		2,997		2,581		0.6	%
Bleriot US Bidco Inc.(9)(15)	First lien senior secured loan	S +	4.00%	10/2026	25,239		25,162		25,201		6.1	%
Dynasty Acquisition Co., Inc. (dba StandardAero Limited)(9)(14)	First lien senior secured loan	S +	3.50%	4/2026	38,500		38,416		38,132		9.1	%
					100,671		100,387		95,105		22.8	%
Automotive
Holley, Inc.(9)(15)	First lien senior secured loan	S +	3.75%	11/2028	23,069		22,938		19,657		4.7	%
Mavis Tire Express Services Topco Corp.(9)(14)	First lien senior secured loan	S +	4.00%	5/2028	2,910		2,892		2,881		0.7	%
PAI Holdco, Inc.(7)(9)	First lien senior secured loan	L +	3.75%	10/2027	13,776		13,389		12,733		3.1	%
					39,755		39,219		35,271		8.5	%
Buildings and Real estate
CoreLogic Inc.(6)(9)	First lien senior secured loan	L +	3.50%	6/2028	7,307		6,853		6,588		1.6	%
Wrench Group, LLC.(9)(15)	First lien senior secured loan	S +	4.00%	4/2026	31,842		31,748		31,458		7.6	%
					39,149		38,601		38,046		9.2	%
Business Services
Capstone Acquisition Holdings, Inc.(14)	First lien senior secured loan	S +	4.75%	11/2027	14,296		14,195		14,260		3.4	%
Capstone Acquisition Holdings, Inc.(13)(14)	First lien senior secured delayed draw term loan	S +	4.75%	11/2027	913		907		911		0.2	%
CoolSys, Inc.(9)(15)	First lien senior secured loan	S +	4.75%	8/2028	23,141		22,314		21,186		5.1	%
CoolSys, Inc.(9)(10)(12)(13)(15)	First lien senior secured delayed draw term loan	S +	4.75%	8/2023	322		172		(30)		—	%
ConnectWise, LLC(6)(9)	First lien senior secured loan	L +	3.50%	9/2028	16,745		16,679		16,274		3.9	%
LABL, Inc.(9)(14)	First lien senior secured loan	S +	5.00%	10/2028	4,796		4,739		4,742		1.1	%
Packers Holdings, LLC(9)(14)	First lien senior secured loan	S +	3.25%	3/2028	16,100		15,800		11,106		2.7	%
					76,313		74,806		68,449		16.4	%
Chemicals
Aruba Investments Holdings LLC (dba Angus Chemical Company)(6)(9)	First lien senior secured loan	L +	4.00%	11/2027	17,784		17,407		17,131		4.1	%
Cyanco Intermediate Corp.(14)	First lien senior secured loan	S +	4.75%	7/2028	4,999		4,850		4,850		1.2	%
					22,783		22,257		21,981		5.3	%
Consumer Products
Olaplex, Inc.(9)(14)	First lien senior secured loan	S +	3.50%	2/2029	25,063		24,205		23,371		5.6	%
					25,063		24,205		23,371		5.6	%

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of June 30, 2023 ($ in thousands) (Unaudited)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(3)	Fair Value	Percentage of Members' Equity
Containers and Packaging
BW Holding, Inc.(15)	First lien senior secured loan	S +	4.00%	12/2028	12,135	11,924	11,063	2.7	%
Five Star Lower Holding LLC(9)(16)	First lien senior secured loan	S +	4.25%	5/2029	25,691	25,370	25,294	6.0	%
Ring Container Technologies Group, LLC (dba Ring Container Technologies)(9)(14)	First lien senior secured loan	S +	3.50%	8/2028	24,625	24,578	24,497	5.9	%
Valcour Packaging, LLC(8)(9)	First lien senior secured loan	L +	3.75%	10/2028	6,913	6,894	5,810	1.4	%
					69,364	68,766	66,664	16.0	%
Distribution
BCPE Empire Holdings, Inc. (dba Imperial-Dade)(9)(14)	First lien senior secured loan	S +	4.75%	12/2028	24,750	23,825	24,661	5.9	%
Dealer Tire, LLC(9)(14)	First lien senior secured loan	S +	4.50%	12/2027	35,803	35,005	35,624	8.6	%
SRS Distribution, Inc.(6)(9)	First lien senior secured loan	L +	3.50%	6/2028	9,825	9,770	9,530	2.3	%
					70,378	68,600	69,815	16.8	%
Education
Spring Education Group, Inc. (fka SSH Group Holdings, Inc.)(7)(9)	First lien senior secured loan	L +	4.00%	7/2025	33,337	33,303	33,039	7.9	%
Sophia, L.P.(14)	First lien senior secured loan	S +	4.25%	10/2027	19,800	19,639	19,751	4.7	%
					53,137	52,942	52,790	12.6	%
Food and beverage
Balrog Acquisition, Inc. (dba Bakemark)(9)(15)	First lien senior secured loan	S +	4.00%	9/2028	24,625	24,424	24,263	5.8	%
Dessert Holdings(7)	First lien senior secured loan	L +	4.00%	6/2028	25,588	25,443	23,413	5.6	%
Naked Juice LLC (dba Tropicana)(9)(15)	First lien senior secured loan	S +	3.25%	1/2029	1,980	1,976	1,838	0.4	%
Sovos Brands Intermediate, Inc.(7)(9)	First lien senior secured loan	L +	3.50%	6/2028	20,724	20,686	20,465	4.9	%
					72,917	72,529	69,979	16.7	%
Healthcare equipment and services
Cadence, Inc.(15)	First lien senior secured loan	S +	5.00%	5/2025	26,300	26,097	25,480	6.1	%
Cadence, Inc.(10)(15)	First lien senior secured revolving loan	S +	5.00%	5/2026	2,202	2,106	2,133	0.5	%
Cadence, Inc.(10)(13)(15)	First lien senior secured revolving loan	S +	5.04%	5/2024	4,095	4,076	3,867	0.9	%
Confluent Medical Technologies, Inc.(15)	First lien senior secured loan	S +	3.75%	2/2029	4,938	4,917	4,863	1.2	%
Medline Intermediate, LP(9)(14)	First lien senior secured loan	S +	3.25%	10/2028	24,688	24,593	24,386	5.9	%
Packaging Coordinators Midco, Inc.(9)(15)	First lien senior secured loan	S +	3.50%	11/2027	4,912	4,903	4,834	1.2	%
					67,135	66,692	65,563	15.8	%
Healthcare providers and services
Confluent Health, LLC(14)	First lien senior secured loan	S +	4.00%	11/2028	24,715	24,616	23,109	5.5	%
Corgi Bidco, Inc.(9)(15)	First lien senior secured loan	S +	5.00%	10/2029	14,963	14,136	13,903	3.3	%
HAH Group Holding Company LLC(14)	First lien senior secured loan	S +	5.00%	10/2027	8,986	8,730	8,761	2.1	%
Phoenix Newco, Inc. (dba Parexel)(9)(14)	First lien senior secured loan	S +	3.25%	11/2028	27,156	27,048	26,912	6.5	%
Physician Partners, LLC(9)(14)	First lien senior secured loan	S +	4.00%	12/2028	9,875	9,792	9,258	2.2	%
					85,695	84,322	81,943	19.6	%

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of June 30, 2023 ($ in thousands) (Unaudited)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(3)	Fair Value	Percentage of Members' Equity
Healthcare technology
Athenahealth, Inc.(14)	First lien senior secured loan	S +	3.50%	2/2029	17,651	17,581	16,968	4.1	%
Athenahealth, Inc.(9)(10)(11)(12)(13)	First lien senior secured delayed draw term loan	S +	3.50%	8/2023	—	(3)	(73)	—	%
Bracket Intermediate Holding Corp. (15)	First lien senior secured loan	S +	5.00%	5/2028	19,999	19,415	19,600	4.7	%
Imprivata, Inc.(9)(14)	First lien senior secured loan	S +	4.25%	12/2027	19,800	19,207	19,493	4.7	%
PointClickCare Technologies Inc.(15)	First lien senior secured loan	S +	4.00%	12/2027	9,875	9,755	9,875	2.4	%
					67,325	65,955	65,863	15.9	%
Infrastructure and environmental services
CHA Holding, Inc.(15)	First lien senior secured loan	S +	4.50%	4/2025	40,062	39,937	39,661	9.4	%
					40,062	39,937	39,661	9.4	%
Insurance
Acrisure, LLC(9)(15)	First lien senior secured loan	S +	5.75%	2/2027	9,950	9,513	9,975	2.4	%
AssuredPartners, Inc.(9)(14)	First lien senior secured loan	S +	4.25%	2/2027	4,963	4,811	4,947	1.2	%
Asurion, LLC(7)(9)	First lien senior secured loan	L +	3.00%	11/2024	7,910	7,902	7,898	1.9	%
Broadstreet Partners, Inc.(9)(14)	First lien senior secured loan	S +	4.00%	1/2029	4,999	4,939	4,964	1.2	%
Integro Parent Inc.(15)	First lien senior secured loan	S +	12.25% (PIK)	10/2024	3,446	3,446	3,440	0.8	%
Integro Parent Inc.(10)(15)	First lien senior secured revolving loan	S +	4.50%	10/2024	694	694	693	0.2	%
Hyperion Refinance S.à r.l (dba Howden Group)(9)(14)	First lien senior secured loan	S +	5.10%	4/2030	19,950	19,174	19,850	4.8	%
					51,912	50,479	51,767	12.5	%
Internet software and services
Barracuda Networks, Inc.(9)(15)	First lien senior secured loan	S +	4.50%	8/2029	24,875	24,203	23,962	5.8	%
CDK Global, Inc.(9)(15)	First lien senior secured loan	S +	4.25%	7/2029	24,875	24,211	24,788	6.0	%
DCert Buyer, Inc. (dba DigiCert)(9)(15)	First lien senior secured loan	S +	4.00%	10/2026	21,880	21,819	21,654	5.2	%
Fortra, LLC (f/k/a Help/Systems Holdings, Inc.)(9)(15)	First lien senior secured loan	S +	4.00%	11/2026	14,771	14,697	13,442	3.2	%
					86,401	84,930	83,846	20.2	%
Manufacturing
Engineered Machinery Holdings (dba Duravant)(7)(9)	First lien senior secured loan	L +	3.50%	5/2028	34,474	34,344	33,758	8.1	%
Gloves Buyer, Inc. (dba Protective Industrial Products)(14)	First lien senior secured loan	S +	4.00%	12/2027	14,800	14,647	14,689	3.6	%
Pro Mach Group, Inc.(6)(9)	First lien senior secured loan	L +	4.00%	8/2028	24,632	24,535	24,551	5.9	%
					73,906	73,526	72,998	17.6	%
Professional Services
Apex Group Treasury, LLC(7)(9)	First lien senior secured loan	L +	3.75%	7/2028	32,520	32,426	32,030	7.6	%
Sovos Compliance, LLC(9)(14)	First lien senior secured loan	S +	4.50%	8/2028	25,390	25,256	24,448	5.9	%
					57,910	57,682	56,478	13.5	%

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of June 30, 2023 ($ in thousands) (Unaudited)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Telecommunications
EOS U.S. Finco LLC(14)	First lien senior secured loan	S +	6.00%	10/2029	9,609		9,011		9,417		2.3	%
EOS U.S. Finco LLC(10)	First lien senior secured loan	S +	6.00%	10/2029	—		(63)		—		—	%
Park Place Technologies, LLC(9)(14)	First lien senior secured loan	S +	5.00%	11/2027	14,811		14,406		14,362		3.4	%
					24,420		23,354		23,779		5.7	%
Transportation
Safe Fleet Holdings(14)	First lien senior secured loan	S +	5.00%	2/2029	14,850		14,454		14,850		3.6	%
					14,850		14,454		14,850		3.6	%
Total Debt Investments					$	1,139,146	$	1,123,643	$	1,098,219	263.7	%
Total Investments					$	1,139,146	$	1,123,643	$	1,098,219	263.7	%

_______________

(1)Certain portfolio company investments are subject to contractual restrictions on sales.

(2)Unless otherwise indicated, OBDC SLF’s investments are pledged as collateral supporting the amounts outstanding under OBDC SLF’s credit facility.

(3)The amortized cost represents the original cost adjusted for the amortization or accretion of premiums or discounts, as applicable, on debt investments using the effective interest method.

(4)Unless otherwise indicated, all investments are considered Level 3 investments.

(5)Unless otherwise indicated, loan contains a variable rate structure and may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the London Interbank Offered Rate (“LIBOR” or “L”) (which can include one-, two-, three- or six-month LIBOR), Secured Overnight Financing Rate ("SOFR" or "S," which can include one-, three- or six- month SOFR), or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.

(6)The interest rate on these loans is subject to 1 month LIBOR, which as of June 30, 2023 was 5.22%.

(7)The interest rate on these loans is subject to 3 month LIBOR, which as of June 30, 2023 was 5.55%.

(8)The interest rate on these loans is subject to 6 month LIBOR, which as of June 30, 2023 was 5.76%.

(9)Level 2 investment.

(10)Position or portion thereof is an unfunded loan commitment.

(11)The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

(12)The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

(13)Investment is not pledged as collateral under OBDC SLF’s credit facilities.

(14)The interest rate on these loans is subject to 1 month SOFR, which as of June 30, 2023 was 5.14%.

(15)The interest rate on these loans is subject to 3 month SOFR, which as of June 30, 2023 was 5.27%.

(16)The interest rate on these loans is subject to 6 month SOFR, which as of June 30, 2023 was 5.39%.

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of December 31, 2022 ($ in thousands)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Debt Investments
Aerospace and defense
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(7)	First lien senior secured loan	L +	6.00%	1/2025	$	34,111	$	33,956	$	33,305	10.1	%
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(7)(13)	First lien senior secured revolving loan	L +	6.00%	1/2025	3,000		2,995		2,928		0.9	%
Bleriot US Bidco Inc.(7)	First lien senior secured loan	L +	4.00%	10/2026	25,368		25,282		25,049		7.6	%
Dynasty Acquisition Co., Inc. (dba StandardAero Limited)(14)	First lien senior secured loan	S +	3.50%	4/2026	38,700		38,602		36,813		11.0	%
					101,179		100,835		98,095		29.6	%
Automotive
Holley, Inc.(7)(9)	First lien senior secured loan	L +	3.75%	11/2028	23,202		23,060		20,025		6.1	%
Mavis Tire Express Services Topco Corp. (9) (14)	First lien senior secured loan	S +	4.00%	5/2028	2,925		2,905		2,785		0.8	%
PAI Holdco, Inc.(7)	First lien senior secured loan	L +	3.75%	10/2027	9,887		9,767		8,700		2.6	%
					36,014		35,732		31,510		9.5	%
Buildings and Real estate
CoreLogic Inc. (6)(9)	First lien senior secured loan	L +	3.50%	6/2028	12,357		11,545		10,273		3.1	%
Wrench Group, LLC.(7)	First lien senior secured loan	L +	4.00%	4/2026	32,008		31,898		30,890		9.5	%
					44,365		43,443		41,163		12.6	%
Business Services
Capstone Acquisition Holdings, Inc. (6)	First lien senior secured loan	L +	4.75%	11/2027	4,953		4,916		4,941		1.5	%
Capstone Acquisition Holdings, Inc. (6)	First lien senior secured delayed draw term loan	L +	4.75%	11/2027	334		331		333		0.1	%
CoolSys, Inc.(7)	First lien senior secured loan	L +	4.75%	8/2028	13,932		13,817		11,250		3.4	%
CoolSys, Inc.(10)(11)(12)(13)	First lien senior secured delayed draw term loan	L +	4.75%	8/2023	—		(19)		(467)		—	%
ConnectWise, LLC(6)(9)	First lien senior secured loan	L +	3.50%	9/2028	16,830		16,759		15,951		4.8	%
LABL, Inc.(6)	First lien senior secured loan	L +	5.00%	10/2028	7,920		7,819		7,496		2.3	%
Packers Holdings, LLC(6)	First lien senior secured loan	L +	3.25%	3/2028	21,066		20,679		18,327		5.5	%
					65,035		64,302		57,831		17.6	%
Chemicals
Aruba Investments Holdings LLC (dba Angus Chemical Company)(6)	First lien senior secured loan	L +	3.75%	11/2027	15,874		15,525		15,398		4.7	%
					15,874		15,525		15,398		4.7	%
Consumer Products
Olaplex, Inc.(14)	First lien senior secured loan	S +	3.50%	2/2029	14,925		14,892		14,030		4.2	%
					14,925		14,892		14,030		4.2	%
Containers and Packaging
BW Holding, Inc.(15)	First lien senior secured loan	S +	4.00%	12/2028	12,197		11,971		11,221		3.4	%
Five Star Lower Holding LLC (16)	First lien senior secured loan	S +	4.25%	5/2029	21,820		21,540		21,275		6.4	%
Ring Container Technologies Group, LLC (dba Ring Container Technologies)(6)	First lien senior secured loan	L +	3.50%	8/2028	24,750		24,699		24,379		7.4	%
Valcour Packaging, LLC (8)	First lien senior secured loan	L +	3.75%	10/2028	6,948		6,927		6,218		1.9	%
					65,715		65,137		63,093		19.1	%

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of December 31, 2022 ($ in thousands)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(3)	Fair Value	Percentage of Members' Equity
Distribution
BCPE Empire Holdings, Inc. (dba Imperial-Dade) (9)(14)	First lien senior secured loan	S +	4.63%	6/2026	24,813	24,044	24,068	7.3	%
Dealer Tire, LLC(14)	First lien senior secured loan	S +	4.50%	12/2025	35,982	35,091	35,563	10.7	%
SRS Distribution, Inc.(7)	First lien senior secured loan	L +	3.50%	6/2028	9,875	9,816	9,431	2.9	%
					70,670	68,951	69,062	20.9	%
Education
Spring Education Group, Inc. (fka SSH Group Holdings, Inc.)(7)	First lien senior secured loan	L +	4.00%	7/2025	33,512	33,470	32,646	9.9	%
Sophia, L.P. (14)	First lien senior secured loan	S +	4.25%	10/2027	19,900	19,723	19,850	6.0	%
					53,412	53,193	52,496	15.9	%
Food and beverage
Balrog Acquisition, Inc. (dba Bakemark)(7)	First lien senior secured loan	L +	4.00%	9/2028	24,750	24,533	24,193	7.3	%
Dessert Holdings(7)	First lien senior secured loan	L +	4.00%	6/2028	25,718	25,560	23,789	7.2	%
Eagle Parent Corp.(9)(15)	First lien senior secured loan	S +	4.25%	4/2029	2,722	2,661	2,668	0.8	%
Naked Juice LLC (dba Tropicana)(9)(15)	First lien senior secured loan	S +	3.25%	1/2029	1,990	1,986	1,775	0.5	%
Sovos Brands Intermediate, Inc.(7)(9)	First lien senior secured loan	L +	3.50%	6/2028	20,724	20,683	20,138	6.1	%
					75,904	75,423	72,563	21.9	%
Healthcare equipment and services
Cadence, Inc.(6)	First lien senior secured loan	L +	5.00%	5/2025	28,640	28,277	27,793	8.4	%
Cadence, Inc.(6)(10)(13)	First lien senior secured revolving loan	L +	5.00%	5/2024	2,921	2,892	2,704	0.8	%
Confluent Medical Technologies, Inc.(15)	First lien senior secured loan	S +	3.75%	2/2029	4,963	4,940	4,702	1.4	%
Medline Intermediate, LP(6)(9)	First lien senior secured loan	L +	3.25%	10/2028	24,813	24,710	23,547	7.1	%
Packaging Coordinators Midco, Inc.(7)(9)	First lien senior secured loan	L +	3.50%	11/2027	4,937	4,927	4,672	1.4	%
					66,274	65,746	63,418	19.1	%
Healthcare providers and services
Confluent Health, LLC(6)	First lien senior secured loan	L +	4.00%	11/2028	20,419	20,331	20,011	6.1	%
Confluent Health, LLC(6)(10)(12)(13)	First lien senior secured delayed draw term loan	L +	4.00%	11/2023	2,514	2,496	2,426	0.7	%
Corgi Bidco, Inc.(9)(15)	First lien senior secured loan	S +	5.00%	10/2029	15,000	14,126	14,018	4.2	%
Phoenix Newco, Inc. (dba Parexel)(6)(9)	First lien senior secured loan	L +	3.25%	11/2028	27,294	27,177	26,240	7.9	%
Physician Partners, LLC(9)(14)	First lien senior secured loan	S +	4.00%	12/2028	9,925	9,836	9,434	2.9	%
					75,152	73,966	72,129	21.8	%
Healthcare technology
Athenahealth, Inc.(9)(14)	First lien senior secured loan	S +	3.50%	2/2029	17,741	17,665	15,974	4.8	%
Athenahealth, Inc.(9)(10)(11)(12)(13)(14)	First lien senior secured delayed draw term loan	S +	3.50%	8/2023	—	(4)	(206)	—	%
Imprivata, Inc.(14)	First lien senior secured loan	S +	4.25%	12/2027	19,900	19,305	19,154	5.8	%
PointClickCare Technologies Inc.(15)	First lien senior secured loan	S +	4.00%	12/2027	9,925	9,794	9,751	3.0	%
					47,566	46,760	44,673	13.6	%

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of December 31, 2022 ($ in thousands)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Infrastructure and environmental services
CHA Holding, Inc.(7)	First lien senior secured loan	L +	4.50%	4/2025	40,272		40,115		39,466		11.9	%
					40,272		40,115		39,466		11.9	%
Insurance
Acrisure, LLC(15)	First lien senior secured loan	S +	5.75%	2/2027	10,000		9,513		9,900		3.0	%
AssuredPartners, Inc.(6)	First lien senior secured loan	L +	4.25%	2/2027	4,988		4,822		4,875		1.5	%
Integro Parent Inc.(15)	First lien senior secured loan	S +	10.25%	10/2024	3,649		3,648		3,638		1.1	%
Integro Parent Inc.(15)	First lien senior secured revolving loan	S +	10.25%	10/2024	736		736		733		0.2	%
					19,373		18,719		19,146		5.8	%
Internet software and services
Barracuda Networks, Inc. (15)	First lien senior secured loan	S +	4.50%	8/2029	25,000		24,282		24,063		7.3	%
CDK Global, Inc.(9)(15)	First lien senior secured loan	S +	4.50%	7/2029	25,000		24,292		24,745		7.5	%
DCert Buyer, Inc. (dba DigiCert)(9)(16)	First lien senior secured loan	S +	4.00%	10/2026	21,993		21,925		21,214		6.4	%
Help/Systems Holdings, Inc.(15)	First lien senior secured loan	S +	4.00%	11/2026	14,847		14,773		13,325		4.0	%
					86,840		85,272		83,347		25.2	%
Manufacturing
Engineered Machinery Holdings (dba Duravant)(7)	First lien senior secured loan	L +	3.75%	5/2028	34,649		34,508		33,483		10.1	%
Gloves Buyer, Inc. (dba Protective Industrial Products)(6)	First lien senior secured loan	L +	4.00%	12/2027	14,875		14,706		14,763		4.7	%
Pro Mach Group, Inc.(6)(9)	First lien senior secured loan	L +	4.00%	8/2028	24,757		24,652		24,039		7.3	%
					74,281		73,866		72,285		22.1	%
Professional Services
Apex Group Treasury, LLC(7)(9)	First lien senior secured loan	L +	3.75%	7/2028	32,685		32,584		31,050		9.4	%
Sovos Compliance, LLC(6)	First lien senior secured loan	L +	4.50%	8/2028	25,518		25,374		23,477		7.1	%
					58,203		57,958		54,527		16.5	%
Telecommunications
ETC Group(15)	First lien senior secured loan	S +	6.00%	10/2029	5,000		4,609		4,763		1.4	%
Park Place Technologies, LLC(9) (14)	First lien senior secured loan	S +	5.00%	11/2027	14,886		14,443		13,987		4.2	%
					19,886		19,052		18,750		5.6	%
Transportation
Safe Fleet Holdings(14)	First lien senior secured loan	S +	5.00%	2/2029	14,925		14,501		14,403		4.4	%
					14,925		14,501		14,403		4.4	%
Total Debt Investments					$	1,045,865	$	1,033,388	$	997,385	302.0	%
Total Investments					$	1,045,865	$	1,033,388	$	997,385	302.0	%

_______________

(1)Certain portfolio company investments are subject to contractual restrictions on sales.

(2)Unless otherwise indicated, OBDC SLF’s investments are pledged as collateral supporting the amounts outstanding under OBDC SLF’s credit facility.

(3)The amortized cost represents the original cost adjusted for the amortization or accretion of premiums or discounts, as applicable, on debt investments using the effective interest method.

(4)Unless otherwise indicated, all investments are considered Level 3 investments.

(5)Unless otherwise indicated, loan contains a variable rate structure and may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the London Interbank Offered Rate (“LIBOR” or “L”) (which can include

one-, two-, three- or six-month LIBOR), Secured Overnight Financing Rate ("SOFR" or "S," which can include one-, three- or six- month SOFR), or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.

(6)The interest rate on these loans is subject to 1 month LIBOR, which as of December 31, 2022 was 4.39%.

(7)The interest rate on these loans is subject to 3 month LIBOR, which as of December 31, 2022 was 4.77%.

(8)The interest rate on these loans is subject to 6 month LIBOR, which as of December 31, 2022 was 5.14%.

(9)Level 2 investment.

(10)Position or portion thereof is an unfunded loan commitment.

(11)The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

(12)The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

(13)Investment is not pledged as collateral under OBDC SLF’s credit facilities.

(14)The interest rate on these loans is subject to 1 month SOFR, which as of December 31, 2022 was 4.36%.

(15)The interest rate on these loans is subject to 3 month SOFR, which as of December 31, 2022 was 4.59%.

(16)The interest rate on these loans is subject to 6 month SOFR, which as of December 31, 2022 was 4.78%.

The table below presents selected balance sheet information for OBDC SLF as of the following periods:

($ in thousands)	June 30, 2023 (Unaudited)		December 31, 2022
Assets
Investments at fair value (amortized cost of $1,123,643 and $1,033,388, respectively)	$	1,098,219	$	997,385
Cash	48,187		27,914
Interest receivable	7,230		3,920
Prepaid expenses and other assets	4,736		6,108
Total Assets	$	1,158,372	$	1,035,327
Liabilities
Debt (net of unamortized debt issuance costs of $5,564 and $6,117, respectively)	$	712,319	$	685,265
Distributions payable	11,900		11,095
Payable for investments purchased	6,603		—
Accrued expenses and other liabilities	11,061		8,703
Total Liabilities	$	741,883	$	705,063
Members' Equity
Members' Equity	416,489		330,264
Members' Equity	416,489		330,264
Total Liabilities and Members' Equity	$	1,158,372	$	1,035,327

The table below presents selected statement of operations information for OBDC SLF for the following periods:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
($ in thousands)	2023		2022		2023		2022
Investment Income
Interest income	$	26,866	$	12,730	$	50,509	$	22,742
Other income	66		1,009		130		1,221
Total Investment Income	26,932		13,739		50,639		23,963
Expenses
Interest expense	12,737		4,816		24,056		7,546
Professional fees	246		198		488		476
Total Expenses	12,983		5,014		24,544		8,022
Net Investment Income Before Taxes	13,949		8,725		26,095		15,941
Tax expense (benefit)	482		(722)		1,191		(621)
Net Investment Income After Taxes	$	13,467	$	9,447	$	24,904	$	16,562
Net Realized and Change in Unrealized Gain (Loss) on Investments
Net change in unrealized gain (loss) on investments	1,903		(29,977)		10,578		(34,209)
Net realized gain on investments	(1,668)		1		(1,645)		20
Total Net Realized and Change in Unrealized Gain (Loss) on Investments	235		(29,976)		8,933		(34,189)
Net Increase in Members' Equity Resulting from Operations	$	13,702	$	(20,529)	$	33,837	$	(17,627)

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Fair Value of Investments

6 Months Ended

Jun. 30, 2023

Fair Value Disclosures [Abstract]

Fair Value of Investments

Fair Value of Investments

Investments

The tables below present the fair value hierarchy of investments as of the following periods:

	Fair Value Hierarchy as of June 30, 2023
($ in thousands)	Level 1		Level 2		Level 3		Total
First-lien senior secured debt investments	$	—	$	12,925	$	8,885,986	$	8,898,911
Second-lien senior secured debt investments	—		119,356		1,703,509		1,822,865
Unsecured debt investments	—		10,970		262,402		273,372
Preferred equity investments(3)	—		—		400,625		400,625
Common equity investments(1)	1,411		—		1,131,331		1,132,742
Subtotal	$	1,411	$	143,251	$	12,383,853	$	12,528,515
Investments measured at NAV(2)	—		—		—		364,428
Total Investments at fair value	$	1,411	$	143,251	$	12,383,853	$	12,892,943

_______________

(1)Includes equity investment in Wingspire, Amergin AssetCo, and Fifth Season.

(2)Includes equity investment in OBDC SLF.

(3)Includes equity investment in LSI Financing.

	Fair Value Hierarchy as of December 31, 2022
($ in thousands)	Level 1		Level 2		Level 3		Total
First-lien senior secured debt investments	$	—	$	—	$	9,279,179	$	9,279,179
Second-lien senior secured debt investments	—		43,692		1,817,286		1,860,978
Unsecured debt investments	—		10,579		237,440		248,019
Preferred equity investments	—		—		355,261		355,261
Common equity investments(1)	816		—		977,111		977,927
Subtotal	$	816	$	54,271	$	12,666,277	$	12,721,364
Investments measured at NAV(2)	—		—		—		288,981
Total Investments at fair value	$	816	$	54,271	$	12,666,277	$	13,010,345

_______________

(1)Includes equity investment in Wingspire.

(2)Includes equity investment in OBDC SLF.

The tables below present the changes in the fair value of investments for which Level 3 inputs were used to determine the fair value as of and for the following periods:

	As of and for the Three Months Ended June 30, 2023
($ in thousands)	First-lien senior secured debt investments		Second-lien senior secured debt investments		Unsecured debt investments		Preferred equity investments		Common equity investments		Total
Fair value, beginning of period	$	9,276,243	$	1,761,897	$	262,191	$	388,592	$	1,054,731	$	12,743,654
Purchases of investments, net	219,212		—		—		1,990		61,122		282,324
Payment-in-kind	42,671		3,924		5,259		10,094		179		62,127
Proceeds from investments, net	(643,017)		(35,851)		—		(1,589)		—		(680,457)
Net change in unrealized gain (loss)	(4,404)		(1,025)		5,707		1,302		15,299		16,879
Net realized gains (losses)	118		—		—		—		—		118
Net amortization/accretion of discount/premium on investments	8,168		1,126		115		236		—		9,645
Transfers between investment types	—		—		—		—		—		—
Transfers into (out of) Level 3(1)	(13,005)		(26,562)		(10,870)		—		—		(50,437)
Fair value, end of period	$	8,885,986	$	1,703,509	$	262,402	$	400,625	$	1,131,331	$	12,383,853

_______________

(1)Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the period ended June 30, 2023, transfers out of Level 3 into Level 2 were a result of changes in the observability of significant inputs for certain portfolio companies.

	As of and for the Six Months Ended June 30, 2023
($ in thousands)	First-lien senior secured debt investments		Second-lien senior secured debt investments		Unsecured debt investments		Preferred equity investments		Common equity investments		Total
Fair value, beginning of period	$	9,279,179	$	1,817,286	$	237,440	$	355,261	$	977,111	$	12,666,277
Purchases of investments, net	365,149		(10)		—		21,921		98,375		485,435
Payment-in-kind	70,253		7,715		13,458		21,072		342		112,840
Proceeds from investments, net	(784,653)		(55,050)		(193)		(1,590)		(12,400)		(853,886)
Net change in unrealized gain (loss)	53,988		5,002		11,491		3,538		20,084		94,103
Net realized gains (losses)	(52,365)		—		(23)		—		—		(52,388)
Net amortization/accretion of discount/premium on investments	15,625		2,051		229		471		—		18,376
Transfers between investment types	(47,819)		—		—		—		47,819		—
Transfers into (out of) Level 3(1)	(13,371)		(73,485)		—		(48)		—		(86,904)
Fair value, end of period	$	8,885,986	$	1,703,509	$	262,402	$	400,625	$	1,131,331	$	12,383,853

_______________

(1)Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the period ended June 30, 2023, transfers out of Level 3 into Level 2 were a result of changes in the observability of significant inputs for certain portfolio companies.

	As of and for the Three Months Ended June 30, 2022
($ in thousands)	First-lien senior secured debt investments		Second-lien senior secured debt investments		Unsecured debt investments		Preferred equity investments		Common equity investments		Total
Fair value, beginning of period	$	9,435,175	$	1,780,538	$	266,195	$	238,998	$	645,507	$	12,366,413
Purchases of investments, net	1,625,590		193,947		19,849		66,943		98,329		2,004,658
Payment-in-kind	27,417		3,307		2,916		5,845		155		39,640
Proceeds from investments, net	(1,773,839)		(193,072)		—		—		(25,753)		(1,992,664)
Net change in unrealized gain (loss)	(81,700)		(56,130)		(19,295)		(15,197)		12,088		(160,234)
Net realized gains (losses)	(49)		—		—		—		—		(49)
Net amortization of discount on investments	10,094		844		87		177		—		11,202
Transfers into (out of) Level 3(1)	—		34,545		—		—		—		34,545
Fair value, end of period	$	9,242,688	$	1,763,979	$	269,752	$	296,766	$	730,326	$	12,303,511

_______________

(1)Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the three months ended June 30, 2022, transfers in to and out of Level 3 into Level 2 were a result of changes in the observability of significant inputs for certain portfolio companies.

	As of and for the Six Months Ended June 30, 2022
($ in thousands)	First-lien senior secured debt investments		Second-lien senior secured debt investments		Unsecured debt investments		Preferred equity investments		Common equity investments		Total
Fair value, beginning of period	$	9,539,774	$	1,921,447	$	196,485	$	260,869	$	571,616	$	12,490,191
Purchases of investments, net	2,924,093		300,964		89,239		73,940		279,427		3,667,663
Payment-in-kind	44,953		5,741		8,778		9,431		308		69,211
Proceeds from investments, net	(3,152,864)		(324,109)		—		(33,693)		(128,731)		(3,639,397)
Net change in unrealized gain (loss)	(133,211)		(75,265)		(24,942)		(19,229)		7,706		(244,941)
Net realized gains (losses)	176		—		—		4,482		—		4,658
Net amortization of discount on investments	20,281		1,966		192		966		—		23,405
Transfers into (out of) Level 3(1)	(514)		(66,765)		—		—		—		(67,279)
Fair value, end of period	$	9,242,688	$	1,763,979	$	269,752	$	296,766	$	730,326	$	12,303,511

_______________

(1)Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the six months ended June 30, 2022, transfers in to and out of Level 3 into Level 2 were a result of changes in the observability of significant inputs for certain portfolio companies.

The table below presents the net change in unrealized gains on investments for which Level 3 inputs were used in determining the fair value that are still held by the Company for the following periods:

	Net change in unrealized gain (loss) for the Three Months Ended June 30, 2023 on Investments Held at June 30, 2023		Net change in unrealized gain (loss) for the Three Months Ended June 30, 2022 on Investments Held at June 30, 2022
First-lien senior secured debt investments	$	(2,231)	$	(75,853)
Second-lien senior secured debt investments	(1,139)		(53,333)
Unsecured debt investments	5,707		(19,293)
Preferred equity investments	1,302		(15,197)
Common equity investments	15,298		12,090
Total Investments	$	18,937	$	(151,586)

	Net change in unrealized gain (loss) for the Six Months Ended June 30, 2023 on Investments Held at June 30, 2023		Net change in unrealized gain (loss) for the Six Months Ended June 30, 2022 on Investments Held at June 30, 2022
First-lien senior secured debt investments	$	6,169	$	(126,594)
Second-lien senior secured debt investments	5,001		(72,553)
Unsecured debt investments	11,491		(24,942)
Preferred equity investments	3,538		(18,970)
Common equity investments	67,902		2,434
Total Investments	$	94,101	$	(240,625)

The following tables present quantitative information about the significant unobservable inputs of the Company’s Level 3 investments as of the following periods. The weighted average range of unobservable inputs is based on fair value of investments. The tables are not intended to be all-inclusive but instead capture the significant unobservable inputs relevant to the Company’s determination of fair value.

	As of June 30, 2023
($ in thousands)	Fair Value		Valuation Technique	Unobservable Input	(Range) Weighted Average	Impact to Valuation from an Increase in Input
First-lien senior secured debt investments	$	7,864,981	Yield Analysis	Market Yield	(9.1% - 27.2%) 13.3%	Decrease
	962,123		Recent Transaction	Transaction Price	(97.0% - 99.5%) 99.1%	Increase
	58,882		Collateral Analysis	Recovery Rate	(57.0% - 87.0%) 85.0%	Increase
Second-lien senior secured debt investments	$	1,697,460	Yield Analysis	Market Yield	(12.8% - 28.0%) 15.9%	Decrease
	6,049		Collateral Analysis	Recovery Rate	(9.5% - 9.5%) 9.5%	Increase
Unsecured debt investments	$	256,630	Yield Analysis	Market Yield	(11.5% - 20.9%) 13.5%	Decrease
	5,772		Market Approach	EBITDA Multiple	(13.0x - 13.0x) 13.0x	Increase
Preferred equity investments	$	380,954	Yield Analysis	Market Yield	(11.5% - 26.2%) 15.6%	Decrease
	19,626		Recent Transaction	Transaction Price	(100.0% - 100.0%) 100.0%	Increase
	45		Market Approach	EBITDA Multiple	(11.3x - 11.3x) 11.3x	Increase
Common equity investments	$	945,040	Market Approach	EBITDA Multiple	(1.3x - 20.3x) 4.7x	Increase
	34,705		Market Approach	Revenue	(1.0x - 15.8x) 10.8x	Increase
	147,138		Recent Transaction	Transaction Price	(100.0% - 131.1%) 100.3%	Increase
	4,310		Market Approach	Transaction Price	($77.00 - $77.00) $77.00	Increase
	138		Market Approach	Gross Profit	(10.0x - 10.0x) 10.0x	Increase

	As of December 31, 2022
($ in thousands)	Fair Value		Valuation Technique	Unobservable Input	Range (Weighted Average)	Impact to Valuation from an Increase in Input
First-lien senior secured debt investments	$	9,148,610	Yield Analysis	Market Yield	(8.2% - 42.0%) 13.1%	Decrease
	86,606		Recent Transaction	Transaction Price	(97.5% - 99.0%) 97.8%	Increase
	43,963		Collateral Analysis	Recovery Rate	(51.0% - 51.0%) 51.0%	Increase
Second-lien senior secured debt investments	$	1,806,340	Yield Analysis	Market Yield	(12.6% - 21.0%) 16.0%	Decrease
	6,048		Collateral Analysis	Recovery Rate	(9.5% - 9.5%) 9.5%	Increase
	4,898		Recent Transaction	Transaction Price	(98.0% - 98.0%) 98.0%	Increase
Unsecured debt investments	$	232,280	Yield Analysis	Market Yield	(10.4% - 20.2%) 12.4%	Decrease
	5,160		Market Approach	EBITDA Multiple	(14.3x - 14.3x) 14.3x	Increase
Preferred equity investments	$	339,821	Yield Analysis	Market Yield	(11.9% - 17.9%) 14.1%	Decrease
	15,395		Recent Transaction	Transaction Price	(96.5% - 100.0%) 97.9%	Increase
	45		Market Approach	EBITDA Multiple	(11.5x - 11.5x) 11.5x	Increase
Common equity investments	$	848,356	Market Approach	EBITDA Multiple	(1.2x - 23.3x) 5.5x	Increase
	25,241		Market Approach	Revenue	(0.8x - 16.6x) 12.2x	Increase
	99,210		Recent Transaction	Transaction Price	(100% - 100%) 100%	Increase
	4,215		Market Approach	Transaction Price	($75.31 - $75.31) $75.31	Increase
	89		Market Approach	Gross Profit	(8.5x - 8.5x) 8.5x	Increase

The Company typically determines the fair value of its performing Level 3 debt investments utilizing a yield analysis. In a yield analysis, a price is ascribed for each investment based upon an assessment of current and expected market yields for similar investments and risk profiles. Additional consideration is given to the expected life, portfolio company performance since close, and other terms and risks associated with an investment. Among other factors, a determinant of risk is the amount of leverage used by the portfolio company relative to its total enterprise value, and the rights and remedies of the Company’s investment within the portfolio company’s capital structure.

When the debtor is not performing or when there is insufficient value to cover the investment, the Company may utilize a net recovery approach to determine the fair value of debt investments in subject companies. A net recovery analysis typically consists of two steps. First, the total enterprise value for the subject company is estimated using standard valuation approaches, most commonly the market approach. Second, the fair value for each investment in the subject company is then estimated by allocating the subject company’s total enterprise value to the outstanding securities in the capital structure based upon various factors, including seniority, preferences, and other features if deemed relevant to each security in the capital structure.

Significant unobservable quantitative inputs typically used in the fair value measurement of the Company’s Level 3 debt investments primarily include current market yields, including relevant market indices, but may also include quotes from brokers, dealers, and pricing services as indicated by comparable investments. For the Company’s Level 3 equity investments, a market approach, based on comparable publicly-traded company and comparable market transaction multiples of revenues, earnings before income taxes, depreciation and amortization (“EBITDA”) or some combination thereof and comparable market transactions typically would be used.

Debt Not Carried at Fair Value

Fair value is estimated by discounting remaining payments using applicable current market rates, which take into account changes in the Company’s marketplace credit ratings, or market quotes, if available. The table below presents the carrying and fair values of the Company’s debt obligations as of the following periods:

	June 30, 2023				December 31, 2022
($ in thousands)	Net Carrying Value(1)		Fair Value		Net Carrying Value(2)		Fair Value
Revolving Credit Facility	$	377,237	$	377,237	$	542,453	$	542,453
SPV Asset Facility II	135,524		135,524		245,368		245,368
SPV Asset Facility III	—		—		249,372		249,372
CLO I	387,487		387,487		387,321		387,321
CLO II	257,347		257,347		257,206		257,206
CLO III	258,207		258,207		258,145		258,145
CLO IV	287,987		287,987		287,777		287,777
CLO V	506,889		506,889		506,792		506,792
CLO VI	258,325		258,325		258,271		258,271
CLO VII	237,238		237,238		237,155		237,155
CLO X	258,072		258,072		—		—
2024 Notes	388,496		395,000		384,851		395,000
2025 Notes	422,050		399,500		421,242		399,500
July 2025 Notes	496,222		462,500		495,347		462,500
2026 Notes	494,232		462,500		493,162		461,250
July 2026 Notes	985,271		887,500		982,993		875,000
2027 Notes	439,434		425,000		438,332		412,500
2028 Notes	837,158		692,750		835,957		673,625
Total Debt	$	7,027,176	$	6,689,063	$	7,281,744	$	6,909,235

_______________

(1)The carrying value of the Company’s Revolving Credit Facility, SPV Asset Facility II, CLO I, CLO II, CLO III, CLO IV, CLO V, CLO VI, CLO VII, CLO X, 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes are presented net of deferred financing costs of $12.9 million, $4.5 million, $2.5 million, $2.7 million, $1.8 million, $4.5 million, $2.7 million, $1.7 million, $1.9 million, $1.9 million, $1.8 million, $3.0 million, $3.8 million, $5.8 million, $14.7 million, $7.0 million and $12.8 million, respectively.

(2)The carrying value of the Company’s Revolving Credit Facility, SPV Asset Facility II, SPV Asset Facility III, CLO I, CLO II, CLO III, CLO IV, CLO V, CLO VI, CLO VII, 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes are presented net of deferred financing costs of $14.7 million, $4.6 million, $0.6 million, $2.7 million, $2.8 million, $1.9 million, $4.7 million, $2.8 million, $1.7 million, $2.0 million, $2.9 million, $3.8 million, $4.7 million, $6.8 million, $17.0 million, $7.9 million and $14.0 million, respectively.

The below table presents the fair value measurements of the Company’s debt obligations as of the following periods:

($ in thousands)	June 30, 2023		December 31, 2022
Level 1	$	—	$	—
Level 2	3,724,750		3,679,375
Level 3	2,964,313		3,229,860
Total Debt	$	6,689,063	$	6,909,235

Financial Instruments Not Carried at Fair Value

As of June 30, 2023 and December 31, 2022, the carrying amounts of the Company’s assets and liabilities, other than investments at fair value and debt, approximate fair value due to their short maturities.

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Debt

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Debt

Debt

In accordance with the 1940 Act, with certain limitations, the Company is allowed to borrow amounts such that its asset coverage, as defined in the 1940 Act, is at least 150%. As of June 30, 2023 and December 31, 2022, the Company’s asset coverage was 183% and 179%, respectively.

The below tables present the debt obligations for the following periods:

	June 30, 2023
($ in thousands)	Aggregate Principal Committed		Outstanding Principal		Amount Available(1)		Net Carrying Value(2)
Revolving Credit Facility(3)(5)	$	1,795,000	$	390,175	$	1,359,048	$	377,237
SPV Asset Facility II	250,000		140,000		110,000		135,524
CLO I	390,000		390,000		—		387,487
CLO II	260,000		260,000		—		257,347
CLO III	260,000		260,000		—		258,207
CLO IV	292,500		292,500		—		287,987
CLO V	509,625		509,625		—		506,889
CLO VI	260,000		260,000		—		258,325
CLO VII	239,150		239,150		—		237,238
CLO X	260,000		260,000		—		258,072
2024 Notes(4)	400,000		400,000		—		388,496
2025 Notes	425,000		425,000		—		422,050
July 2025 Notes	500,000		500,000		—		496,222
2026 Notes	500,000		500,000		—		494,232
July 2026 Notes	1,000,000		1,000,000		—		985,271
2027 Notes(4)	500,000		500,000		—		439,434
2028 Notes	850,000		850,000		—		837,158
Total Debt	$	8,691,275	$	7,176,450	$	1,469,048	$	7,027,176

______________

(1)The amount available reflects any collateral related limitations at the Company level related to each credit facility’s borrowing base.

(2)The carrying value of the Company’s Revolving Credit Facility, SPV Asset Facility II, CLO I, CLO II, CLO III, CLO IV, CLO V, CLO VI, CLO VII, CLO X, 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes are presented net of deferred financing costs of $12.9 million, $4.5 million, $2.5 million, $2.7 million, $1.8 million, $4.5 million, $2.7 million, $1.7 million, $1.9 million, $1.9 million, $1.8 million, $3.0 million, $3.8 million, $5.8 million, $14.7 million, $7.0 million and $12.8 million respectively.

(3)Includes the unrealized translation gain (loss) on borrowings denominated in foreign currencies.

(4)Inclusive of change in fair market value of effective hedge.

(5)The amount available is reduced by $45.8 million of outstanding letters of credit.

	December 31, 2022
($ in thousands)	Aggregate Principal Committed		Outstanding Principal		Amount Available(1)		Net Carrying Value(2)
Revolving Credit Facility(3)(5)	$	1,855,000	$	557,144	$	1,253,057	$	542,453
SPV Asset Facility II	350,000		250,000		100,000		245,368
SPV Asset Facility III	250,000		250,000		—		249,372
CLO I	390,000		390,000		—		387,321
CLO II	260,000		260,000		—		257,206
CLO III	260,000		260,000		—		258,145
CLO IV	292,500		292,500		—		287,777
CLO V	509,625		509,625		—		506,792
CLO VI	260,000		260,000		—		258,271
CLO VII	239,150		239,150		—		237,155
2024 Notes(4)	400,000		400,000		—		384,851
2025 Notes	425,000		425,000		—		421,242
July 2025 Notes	500,000		500,000		—		495,347
2026 Notes	500,000		500,000		—		493,162
July 2026 Notes	1,000,000		1,000,000		—		982,993
2027 Notes(4)	500,000		500,000		—		438,332
2028 Notes	850,000		850,000		—		835,957
Total Debt	$	8,841,275	$	7,443,419	$	1,353,057	$	7,281,744

______________

(1)The amount available reflects any limitations related to each credit facility’s borrowing base.

(2)The carrying value of the Company’s Revolving Credit Facility, SPV Asset Facility II, SPV Asset Facility III, CLO I, CLO II, CLO III, CLO IV, CLO V, CLO VI, CLO VII, 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes are presented net of deferred financing costs of $14.7 million, $4.6 million, $0.6 million, $2.7 million, $2.8 million, $1.9 million, $4.7 million, $2.8 million, $1.7 million, $2.0 million, $2.9 million, $3.8 million, $4.7 million, $6.8 million, $17.0 million, $7.9 million and $14.0 million respectively.

(3)Includes the unrealized translation gain (loss) on borrowings denominated in foreign currencies.

(4)Inclusive of change in fair market value of effective hedge.

(5)The amount available is reduced by $44.8 million of outstanding letters of credit.

The table below presents the components of interest expense for the following periods:

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
($ in thousands)	2023			2022			2023			2022
Interest expense	$	102,141		$	58,185		$	200,468		$	110,832
Amortization of debt issuance costs	7,562			8,697			14,426			14,807
Net change in unrealized gain (loss) on effective interest rate swaps and hedged items(1)	314			465			(922)			3,087
Total Interest Expense	$	110,017		$	67,347		$	213,972		$	128,726
Average interest rate	5.4		%	3.2		%	5.3		%	3.1		%
Average daily borrowings	$	7,432,693		$	7,131,423		$	7,464,970		$	7,141,675

______________

(1)Refer to the 2023 Notes, 2024 Notes and 2027 Notes for details on each facility’s interest rate swap.

Credit Facilities

The Company’s credit facilities contain customary covenants, including certain limitations on the incurrence by us of additional indebtedness and on our ability to make distributions to our shareholders, or redeem, repurchase or retire shares of stock, upon the occurrence of certain events, and customary events of default (with customary cure and notice provisions).

Description of Facilities

Revolving Credit Facility

On August 26, 2022, the Company entered into an Amended and Restated Senior Secured Revolving Credit Agreement (the “Revolving Credit Facility”), which amends and restates in its entirety that certain Senior Secured Revolving Credit Agreement, dated as of February 1, 2017 (as amended, restated, supplemented or otherwise modified prior to August 26, 2022). The parties to the Revolving Credit Facility include the Company, as Borrower, the lenders from time to time parties thereto (each a “Revolving Credit Lender” and collectively, the “Revolving Credit Lenders”) and Truist Bank, as Administrative Agent.

The Revolving Credit Facility is guaranteed by certain domestic subsidiaries of the Company in existence as of the closing date of the Revolving Credit Facility, and will be guaranteed by certain domestic subsidiaries of the Company that are formed or acquired by the Company in the future (collectively, the “Guarantors”). Proceeds of the Revolving Credit Facility may be used for general corporate purposes, including the funding of portfolio investments.

The maximum principal amount of the Revolving Credit Facility is $1.8 billion (decreased from $1.86 billion on April 4, 2023), subject to availability under the borrowing base, which is based on the Company’s portfolio investments and other outstanding indebtedness. Maximum capacity under the Revolving Credit Facility may be increased to $2.8 billion through the Company’s exercise of an uncommitted accordion feature through which existing and new lenders may, at their option, agree to provide additional financing. The Revolving Credit Facility includes a $200 million limit for swingline loans and is secured by a perfected first-priority interest in substantially all of the portfolio investments held by the Company and each Guarantor, subject to certain exceptions.

The availability period under the Revolving Credit Facility terminated on March 31, 2023, with respect to $60 million of commitments, and will terminate on September 3, 2024, with respect to $15 million of commitments (together, the "Non-Extending Commitments"), and on August 26, 2026, with respect to the remaining commitments (such remaining commitments, the "Extending Commitments") (together, the “Revolving Credit Facility Commitment Termination Date”). The Revolving Credit Facility will mature on September 3, 2025, with respect to $15 million of commitments, and on August 26, 2027, with respect to the remaining commitments (together, the “Revolving Credit Facility Maturity Date”). During the period from the earliest Revolving Credit Facility Commitment Termination Date to the final Revolving Credit Facility Maturity Date, the Company will be obligated to make mandatory prepayments under the Revolving Credit Facility out of the proceeds of certain asset sales and other recovery events and equity and debt issuances.

The Company may borrow amounts in U.S. dollars or certain other permitted currencies. Amounts drawn under the Revolving Credit Facility with respect to the Extending Commitments in U.S. dollars will bear interest at either (i) term SOFR plus any applicable credit adjustment spread plus margin of either 1.875% per annum or, if the gross borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 1.75% per annum or (ii) the alternative base rate plus margin of either 0.875% per annum or, if the gross borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 0.75% per annum. Amounts drawn under the Revolving Credit Facility with respect to the Non-Extending Commitments in U.S. Dollars will bear interest at either (i) term SOFR plus any applicable credit adjustment spread plus margin of 2.00% per annum or (ii) the alternative base rate plus margin of 1.00% per annum. With respect to loans denominated in U.S. dollars, the Company may elect either term SOFR or the alternative base rate at the time of drawdown, and such loans may be converted from one rate to another at any time at the Company’s option, subject to certain conditions. Amounts drawn under the Revolving Credit Facility with respect to the Extending Commitments in other permitted currencies will bear interest at the relevant rate specified therein (including any applicable credit adjustment spread) plus margin of either 1.875% per annum or, if the gross borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 1.75% per annum. Amounts drawn under the Revolving Credit Facility with respect to the Non-Extending Commitments in other permitted currencies will bear interest at the relevant rate specified therein (including any applicable credit adjustment spread) plus margin of 2.00% per annum. The Company will also pay a fee of 0.375% on undrawn amounts under the Revolving Credit Facility.

The Revolving Credit Facility includes customary covenants, including certain limitations on the incurrence by the Company of additional indebtedness and on the Company’s ability to make distributions to the Company’s shareholders, or redeem, repurchase or retire shares of stock, upon the occurrence of certain events and certain financial covenants related to asset coverage and other maintenance covenants, as well as customary events of default. The Revolving Credit Facility requires a minimum asset coverage ratio with respect to the consolidated assets of the Company and its subsidiaries to senior securities that constitute indebtedness of no less than 1.50 to 1.00 at any time.

SPV Asset Facilities

SPV Asset Facility II

On May 22, 2018, ORCC Financing II LLC (“ORCC Financing II”), a Delaware limited liability company and subsidiary of the Company, entered into a Credit Agreement (as amended, the “SPV Asset Facility II”), with ORCC Financing II, as Borrower, the lenders from time to time parties thereto (the “SPV Asset Facility II Lenders”), Natixis, New York Branch, as Administrative Agent, State Street Bank and Trust Company, as Collateral Agent, and Cortland Capital Market Services LLC as Document Custodian. The parties to the SPV Asset Facility II have entered into various amendments, including to admit new lenders, increase or decrease the maximum principal amount available under the facility, extend the availability period and maturity date, change the interest rate and make various other changes. The following describes the terms of SPV Asset Facility II amended through April 17, 2023 (the “SPV Asset Facility II Eighth Amendment Date”).

From time to time, the Company sells and contributes certain investments to ORCC Financing II pursuant to a sale and contribution agreement by and between the Company and ORCC Financing II. No gain or loss will be recognized as a result of the contribution. Proceeds from the SPV Asset Facility II will be used to finance the origination and acquisition of eligible assets by ORCC Financing II, including the purchase of such assets from the Company. The Company retains a residual interest in assets contributed to or acquired by ORCC Financing II through the Company’s ownership of ORCC Financing II. The maximum principal amount of the SPV Asset Facility II as of the SPV Asset Facility II Eighth Amendment Date is $250 million (which consists of $250 million of revolving commitments). The availability of this amount is subject to an overcollateralization ratio test, which is based on the value of ORCC Financing II’s assets from time to time, and satisfaction of certain conditions, including an interest coverage ratio test, certain concentration limits and collateral quality tests.

The SPV Asset Facility II provides for the ability to draw and redraw revolving loans under the SPV Asset Facility II through April 22, 2025, unless the revolving commitments are terminated sooner as provided in the SPV Asset Facility II (the “SPV Asset Facility II Commitment Termination Date”). Unless otherwise terminated, the SPV Asset Facility II will mature on April 17, 2033 (the “SPV Asset Facility II Stated Maturity”). Prior to the SPV Asset Facility II Stated Maturity, proceeds received by ORCC Financing II from principal and interest, dividends, or fees on assets must be used to pay fees, expenses and interest on outstanding borrowings, and the excess may be returned to the Company, subject to certain conditions. On the SPV Asset Facility II Stated Maturity, ORCC Financing II must pay in full all outstanding fees and expenses and all principal and interest on outstanding borrowings, and the excess may be returned to the Company.

With respect to revolving loans, amounts drawn bear interest at Term SOFR (or, in the case of certain lenders that are commercial paper conduits, the lower of their cost of funds and Term SOFR plus 0.40%) plus a spread of 2.75% during the period April 17, 2023 to the date on which the reinvestment period ends. From April 17, 2023 to the SPV Asset Facility II Commitment Termination Date, there is a commitment fee of 0.625% per annum on the undrawn amount, if any, of the revolving commitments in the SPV Asset Facility II. The SPV Asset Facility II contains customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing II, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Asset Facility II is secured by a perfected first priority security interest in the assets of ORCC Financing II and on any payments received by ORCC Financing II in respect of those assets. Assets pledged to the SPV Asset Facility II Lenders will not be available to pay the debts of the Company.

SPV Asset Facility III

On December 14, 2018 (the “SPV Asset Facility III Closing Date”), ORCC Financing III LLC (“ORCC Financing III”), a Delaware limited liability company and subsidiary of the Company, entered into a Loan Financing and Servicing Agreement (the “SPV Asset Facility III”), with ORCC Financing III, as borrower, the Company, as equity holder and services provider, the lenders from time to time parties thereto (the “SPV Asset Facility III Lenders”), Deutsche Bank AG, New York Branch, as Facility Agent, State Street Bank and Trust Company, as Collateral Agent and Cortland Capital Market Services LLC, as Collateral Custodian. The parties to the SPV Asset Facility III entered into various amendments, including those relating to the undrawn fee and make-whole fee and definition of “Change of Control.” The following describes the terms of SPV Asset Facility III as of its termination on March 9, 2023 (the “SPV Asset Facility III Termination Date”).

From time to time, the Company sold and contributed certain loan assets to ORCC Financing III pursuant to a Sale and Contribution Agreement by and between the Company and ORCC Financing III. No gain or loss was recognized as a result of the contribution. Proceeds from the SPV Asset Facility III were used to finance the origination and acquisition of eligible assets by ORCC Financing III, including the purchase of such assets from the Company. The Company retained a residual interest in assets contributed to or acquired by ORCC Financing III through its ownership of ORCC Financing III. The maximum principal amount of the SPV Asset Facility III was $250 million; the availability of this amount was subject to a borrowing base test, which was based on the value of ORCC Financing III’s assets from time to time, and satisfaction of certain conditions, including interest spread and weighted average coupon tests, certain concentration limits and collateral quality tests.

The SPV Asset Facility III provided for the ability to borrow, reborrow, repay and prepay advances under the SPV Asset Facility III until June 14, 2023 unless such period was extended or accelerated under the terms of the SPV Asset Facility III (the “SPV Asset Facility III Revolving Period”). Prior to the SPV Asset Facility III Termination Date, proceeds received by ORCC Financing III from principal and interest, dividends, or fees on assets were required to be used to pay fees, expenses and interest on outstanding advances, and the excess returned to the Company, subject to certain conditions. On the SPV Asset Facility III Termination Date, ORCC Financing III repaid in full all outstanding fees and expenses and all principal and interest on outstanding advances.

Amounts drawn bore interest at term SOFR (or, in the case of certain SPV Asset Facility III Lenders that are commercial paper conduits, the lower of (a) their cost of funds and (b) term SOFR, such term SOFR not to be lower than zero) plus a spread equal to 2.20% per annum, which spread would have increased (a) on and after the end of the SPV Asset Facility III Revolving Period by 0.15% per annum if no event of default had occurred and (b) by 2.00% per annum upon the occurrence of an event of default (such spread, the “Applicable Margin”). Term SOFR may have been replaced as a base rate under certain circumstances. The Company predominantly borrowed utilizing term SOFR rate loans, generally electing one-month SOFR upon borrowing. During the SPV Asset Facility III Revolving Period, ORCC Financing III paid an undrawn fee ranging from 0.25% to 0.50% per annum on the undrawn amount, if any, of the revolving commitments in the SPV Asset Facility III. During the SPV Asset Facility III Revolving Period, if the undrawn commitments were in excess of a certain portion (initially 20% and increasing in stages to 75%) of the total commitments under the SPV Asset Facility III, ORCC Financing III would have also paid a make-whole fee equal to the Applicable Margin multiplied by such excess undrawn commitment amount, reduced by the undrawn fee payable on such excess. The SPV Asset Facility III contained customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing III, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Asset Facility III was secured by a perfected first priority security interest in the assets of ORCC Financing III and on any payments received by ORCC Financing III in respect of those assets. Assets pledged to the SPV Asset Facility III Lenders were not available to pay the debts of the Company.

SPV Asset Facility IV

On August 2, 2019 (the “SPV Asset Facility IV Closing Date”), ORCC Financing IV LLC (“ORCC Financing IV”), a Delaware limited liability company and newly formed subsidiary of the Company entered into a Credit Agreement (the “SPV Asset Facility IV”), with ORCC Financing IV, as borrower, Société Générale, as initial Lender and as Administrative Agent, State Street Bank and Trust Company, as Collateral Agent, Collateral Administrator and Custodian, and Cortland Capital Market Services LLC as Document Custodian and the lenders from time to time party thereto pursuant to Assignment and Assumption Agreements (the “SPV Asset Facility IV Lenders”).

On March 11, 2022, (the “SPV Asset Facility IV Amendment Date”), the parties to the SPV Asset Facility IV amended the SPV Asset Facility IV to extend the reinvestment period from April 1, 2022 until October 3, 2022 and the stated maturity from April 1, 2030 to October 1, 2030. The amendment also changed the applicable interest rate from LIBOR plus an applicable margin of 2.15% during the reinvestment period and LIBOR plus an applicable margin of 2.40% after the reinvestment period to term SOFR plus an applicable margin of 2.30% during the reinvestment period and term SOFR plus an applicable margin of 2.55% after the reinvestment period.

From time to time, the Company sold and contributed certain investments to ORCC Financing IV pursuant to a Sale and Contribution Agreement by and between the Company and ORCC Financing IV. The SPV Asset Facility IV was terminated on October 3, 2022 (the “SPV Asset Facility IV Termination Date”). No gain or loss was recognized as a result of the contribution. Proceeds from the SPV Asset Facility IV were used to finance the origination and acquisition of eligible assets by ORCC Financing IV, including the purchase of such assets from the Company. The Company retained a residual interest in assets contributed to or acquired by ORCC Financing IV through its ownership of ORCC Financing IV. The maximum principal amount of the SPV Asset Facility IV was $250 million; the availability of this amount was subject to an overcollateralization ratio test, which was based on the value of ORCC Financing IV’s assets from time to time, and satisfaction of certain conditions, including an interest coverage ratio test, certain concentration limits and collateral quality tests.

The SPV Asset Facility IV provides for the ability to (1) draw term loans and (2) draw and redraw revolving loans under the SPV Asset Facility IV until the last day of the reinvestment period unless the revolving commitments are terminated or converted to term loans sooner as provided in the SPV Asset Facility IV (the “SPV Asset Facility IV Commitment Termination Date”). Prior to the SPV Asset Facility IV Termination Date, proceeds received by ORCC Financing IV from principal and interest, dividends, or fees on assets were required to be used to pay fees, expenses and interest on outstanding borrowings, and the excess may have been returned to the Company, subject to certain conditions. On the SPV Asset Facility IV Termination Date, ORCC Financing IV repaid in full all outstanding fees and expenses and all principal and interest on outstanding borrowings.

From the SPV Asset Facility IV Closing Date to the SPV Asset Facility IV Termination Date, there was a commitment fee ranging from 0.50% to 0.75% per annum on the undrawn amount, if any, of the revolving commitments in the SPV Asset Facility IV. The SPV Asset Facility IV contained customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing IV, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Asset Facility IV was secured by a perfected first priority security interest in the assets of ORCC Financing IV and on any payments received by ORCC Financing IV in respect of those assets. Assets pledged to the SPV Asset Facility IV Lenders were not available to pay the debts of the Company.

CLOs

CLO I

On May 28, 2019 (the “CLO I Closing Date”), the Company completed a $596 million term debt securitization transaction (the “CLO I Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO I Transaction and the secured loan borrowed in the CLO I Transaction were issued and incurred, as applicable, by the Company’s consolidated subsidiaries Owl Rock CLO I, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO I Issuer”), and Owl Rock CLO I, LLC, a Delaware limited liability company (the “CLO I Co-Issuer” and together with the CLO I Issuer, the “CLO I Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO I Issuer. The following describes the terms of the CLO I Transaction as amended through June 28, 2023 (the “CLO I Indenture Amendment Date”).

In the CLO I Transaction the CLO I Issuers (A) issued the following notes pursuant to an indenture and security agreement dated as of the CLO I Closing Date (as amended by the supplemental indenture dated as of the CLO I Indenture Amendment Date by and among the CLO I Issuer, the CLO I Co-Issuer and State Street Bank and Trust Company, the “CLO I Indenture”), by and among the CLO I Issuers and State Street Bank and Trust Company: (i) $242 million of AAA(sf) Class A Notes, which bear interest at term SOFR (plus a spread adjustment) plus 1.80%, (ii) $30 million of AAA(sf) Class A-F Notes, which bear interest at a fixed rate of 4.165%, and (iii) $68 million of AA(sf) Class B Notes, which bear interest at term SOFR (plus a spread adjustment) plus 2.70% (together, the “CLO I Notes”) and (B) borrowed $50 million under floating rate loans (the “Class A Loans” and together with the CLO I Notes, the “CLO I Debt”), which bear interest at term SOFR (plus a spread adjustment) plus 1.80%, under a credit agreement (the “CLO I Credit Agreement”), dated as of the CLO I Closing Date, by and among the CLO I Issuers, as borrowers, various financial institutions, as lenders, and State Street Bank and Trust Company, as collateral trustee and loan agent. The Class A Loans may be exchanged by the lenders for Class A Notes at any time, subject to certain conditions under the CLO I Credit Agreement and the CLO I Indenture. The CLO I Debt is scheduled to mature on May 20, 2031. The CLO I Notes were privately placed by Natixis Securities Americas, LLC and SG Americas Securities, LLC.

Concurrently with the issuance of the CLO I Notes and the borrowing under the Class A Loans, the CLO I Issuer issued approximately $206.1 million of subordinated securities in the form of 206,106 preferred shares at an issue price of U.S.$1,000 per share (the “CLO I Preferred Shares”). The CLO I Preferred Shares were issued by the CLO I Issuer as part of its issued share capital and are not secured by the collateral securing the CLO I Debt. The Company owns all of the CLO I Preferred Shares, and as such, these securities are eliminated in consolidation. The Company acts as retention holder in connection with the CLO I Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO I Preferred Shares.

The Adviser serves as collateral manager for the CLO I Issuer under a collateral management agreement dated as of the CLO I Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO I Issuers’ equity or notes owned by the Company.

The CLO I Debt is secured by all of the assets of the CLO I Issuer, which will consist primarily of middle market loans, participation interests in middle market loans, and related rights and the cash proceeds thereof. As part of the CLO I Transaction, ORCC Financing II LLC and the Company sold and contributed approximately $575 million par amount of middle market loans to the CLO I Issuer on the CLO I Closing Date. Such loans constituted the initial portfolio assets securing the CLO I Debt. The Company and ORCC Financing II LLC each made customary representations, warranties, and covenants to the CLO I Issuer regarding such sales and contributions under a loan sale agreement.

Through May 20, 2023, a portion of the proceeds received by the CLO I Issuer from the loans securing the CLO I Debt could be used by the CLO I Issuer to purchase additional middle market loans under the direction of the Adviser as the collateral manager for the CLO I Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The CLO I Debt is the secured obligation of the CLO I Issuers, and the CLO I Indenture and the CLO I Credit Agreement include customary covenants and events of default. Assets pledged to holders of the CLO I Debt and the other secured parties under the CLO I Indenture will not be available to pay the debts of the Company.

The CLO I Notes were offered in reliance on Section 4(a)(2) of the Securities Act. The CLO I Notes have not been registered under the Securities Act or any state securities (e.g. “blue sky”) laws and, unless so registered, may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act as applicable.

CLO II Refinancing

On April 9, 2021 (the “CLO II Refinancing Date”), the Company completed a $398.1 million term debt securitization refinancing (the “CLO II Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO II Refinancing were issued by the Company’s consolidated subsidiaries Owl Rock CLO II, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO II Issuer”), and Owl Rock CLO II, LLC, a Delaware limited liability company (the “CLO II Co-Issuer” and together with the CLO II Issuer, the “CLO II Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO II Issuer.

The CLO II Refinancing was executed by the issuance of the following classes of notes pursuant to an indenture and security agreement dated as of December 12, 2019 (such date, the “CLO II Closing Date,” and such agreement,the “CLO II Indenture”), as supplemented by the supplemental indenture dated as of the CLO II Refinancing Date (the “CLO II Refinancing Indenture”), by and among the CLO II Issuers and State Street Bank and Trust Company: (i) $204 million of AAA(sf) Class A-LR Notes, which bear interest at three-month LIBOR plus 1.55%, (ii) $20 million of AAA(sf) Class A-FR Notes, which bear interest at a fixed rate of 2.48% and (iii) $36 million of AA(sf) Class B-R Notes, which bear interest at three-month LIBOR plus 1.90% (together, the “CLO II Refinancing Debt”). The CLO II Refinancing Debt is secured by the middle market loans, participation interests in middle market loans and other assets of the CLO II Issuer. The CLO II Refinancing Debt is scheduled to mature on April 20, 2033. The CLO II Refinancing Debt was privately placed by Deutsche Bank Securities Inc. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO II Refinancing Debt. The proceeds from the CLO II Refinancing were used to redeem in full the classes of notes issued on the CLO II Closing Date.

Concurrently with the issuance of the CLO II Refinancing Debt, the CLO II Issuer issued subordinated securities in the form of 1,500 additional preferred shares at an issue price of U.S.$1,000 per share (the “CLO II Refinancing Preferred Shares”) resulting in a total outstanding number of CLO II Preferred Shares of 138,100 ($138.1 million total issue price). The CLO II Refinancing Preferred Shares were issued by the CLO II Issuer as part of its issued share capital and are not secured by the collateral securing the CLO II Refinancing Debt. The Company purchased all of the CLO II Refinancing Preferred Shares. The Company acts as retention holder in connection with the CLO II Refinancing for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO II Preferred Shares. The proceeds from the CLO II Refinancing Preferred Shares were used to pay certain expenses incurred in connection with the CLO II Refinancing.

Through April 20, 2025, a portion of the proceeds received by the CLO II Issuer from the loans securing the CLO II Refinancing Debt may be used by the CLO II Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO II Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The CLO II Refinancing Debt is the secured obligation of the CLO II Issuers, and the CLO II Refinancing Indenture includes customary covenants and events of default. The CLO II Refinancing Debt has not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO II Issuer under a collateral management agreement dated as of the CLO II Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO II Issuers’ equity or notes owned by the Company.

CLO III

On March 26, 2020 (the “CLO III Closing Date”), the Company completed a $395.31 million term debt securitization transaction (the “CLO III Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO III Transaction were issued by the Company’s consolidated subsidiaries Owl Rock CLO III, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO III Issuer”), and Owl Rock CLO III, LLC, a Delaware limited liability company (the “CLO III Co-Issuer” and together with the CLO III Issuer, the “CLO III Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO III Issuer.

The CLO III Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO III Closing Date (the “CLO III Indenture”), by and among the CLO III Issuers and State Street Bank and Trust Company: (i) $166 million of AAA(sf) Class A-1L Notes, which bear interest at three-month LIBOR plus 1.80%, (ii) $40 million of AAA(sf) Class A-1F Notes, which bear interest at a fixed rate of 2.75%, (iii) $20 million of AAA(sf) Class A-2 Notes, which bear interest at three-month LIBOR plus 2.00%, and (iv) $34 million of AA(sf) Class B Notes, which bear interest at three-month LIBOR plus 2.45% (together, the “CLO III Debt”). The CLO III Debt is scheduled to mature on April 20, 2032. The CLO III Debt was privately placed by SG Americas Securities, LLC. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO III Debt.

Concurrently with the issuance of the CLO III Debt, the CLO III Issuer issued approximately $135.31 million of subordinated securities in the form of 135,310 preferred shares at an issue price of U.S.$1,000 per share (the “CLO III Preferred Shares”). The CLO III Preferred Shares were issued by the CLO III Issuer as part of its issued share capital and are not secured by the collateral securing the CLO III Debt. The Company owns all of the CLO III Preferred Shares, and as such, these securities are eliminated in consolidation. The Company acts as retention holder in connection with the CLO III Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO III Preferred Shares.

The Adviser serves as collateral manager for the CLO III Issuer under a collateral management agreement dated as of the CLO III Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO III Issuers’ equity or notes owned by the Company.

The CLO III Debt is secured by all of the assets of the CLO III Issuer, which will consist primarily of middle market loans, participation interests in middle market loans, and related rights and the cash proceeds thereof. As part of the CLO III Transaction, ORCC Financing IV LLC and the Company sold and contributed approximately $400 million par amount of middle market loans to the CLO III Issuer on the CLO III Closing Date. Such loans constituted the initial portfolio assets securing the CLO III Debt. The Company and ORCC Financing IV LLC each made customary representations, warranties, and covenants to the CLO III Issuer regarding such sales and contributions under a loan sale agreement.

Through April 20, 2024, a portion of the proceeds received by the CLO III Issuer from the loans securing the CLO III Debt may be used by the CLO III Issuer to purchase additional middle market loans under the direction of the Adviser as the collateral manager for the CLO III Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The CLO III Debt is the secured obligation of the CLO III Issuers, and the CLO III Indenture includes customary covenants and events of default. Assets pledged to holders of the CLO III Debt and the other secured parties under the CLO III Indenture will not be available to pay the debts of the Company.

The CLO III Debt was offered in reliance on Section 4(a)(2) of the Securities Act. The CLO III Debt has not been registered under the Securities Act or any state securities (e.g. “blue sky”) laws and, unless so registered, may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act as applicable.

CLO IV Refinancing

On July 9, 2021 (the “CLO IV Refinancing Date”), the Company completed a $440.5 million term debt securitization refinancing (the “CLO IV Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO IV Refinancing were issued by the Company’s consolidated subsidiaries Owl Rock CLO IV, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO IV Issuer”), and Owl Rock CLO IV, LLC, a Delaware limited liability company (the “CLO IV Co-Issuer” and together with the CLO IV Issuer, the “CLO IV Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO IV Issuer.

The CLO IV Refinancing was executed by the issuance of the following classes of notes pursuant to an indenture and security agreement dated as of May 28, 2020 (such date, the CLO IV Closing Date, and such agreement, the “CLO IV Indenture”), as supplemented by the supplemental indenture dated as of the CLO IV Refinancing Date (the “CLO IV Refinancing Indenture”), by and among the CLO IV Issuers and State Street Bank and Trust Company: (i) $252 million of AAA(sf) Class A-1-R Notes, which bear interest at three-month LIBOR plus 1.60% and (ii) $40.5 million of AA(sf) Class A-2-R Notes, which bear interest at three-month LIBOR plus 1.90% (together, the “CLO IV Refinancing Secured Notes”). The CLO IV Refinancing Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the Issuer. The CLO IV Refinancing Secured Notes are scheduled to mature on August 20, 2033. The CLO IV Refinancing Secured Notes were privately placed by Natixis Securities Americas LLC. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO IV Refinancing Secured Notes. The proceeds from the CLO IV Refinancing were used to redeem in full the classes of notes issued on the CLO IV Closing Date, to redeem a portion of the preferred shares of the CLO IV Issuer as described below and to pay expenses incurred in connection with the CLO IV Refinancing.

Concurrently with the issuance of the CLO IV Refinancing Secured Notes, the CLO IV Issuer redeemed 38,900 preferred shares held by the Company (the “CLO IV Preferred Shares”) at a total redemption price of $38.9 million ($1,000 per preferred share). The Company retains the 148,000 CLO IV Preferred Shares that remain outstanding and that the Company acquired on the CLO IV Closing Date. The CLO IV Preferred Shares were issued by the CLO IV Issuer as part of its issued share capital and are not secured by the collateral securing the CLO IV Refinancing Secured Notes. The Company acts as retention holder in connection with the CLO IV Refinancing for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the Preferred Shares.

Through August 20, 2025, a portion of the proceeds received by the CLO IV Issuer from the loans securing the CLO IV Refinancing Secured Notes may be used by the CLO IV Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO IV Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The CLO IV Refinancing Secured Notes are the secured obligation of the CLO IV Issuers, and the CLO IV Refinancing Indenture includes customary covenants and events of default. The CLO IV Refinancing Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO IV Issuer under a collateral management agreement dated as of the CLO IV Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO IV Issuers’ equity or notes owned by the Company.

CLO V

On November 20, 2020 (the “CLO V Closing Date”), the Company completed a $345.45 million term debt securitization transaction (the “CLO V Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO V Transaction were issued by the Company’s consolidated subsidiaries Owl Rock CLO V, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO V Issuer”), and Owl Rock CLO V, LLC, a Delaware limited liability company (the “CLO V Co-Issuer” and together with the CLO V Issuer, the “CLO V Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO V Issuer.

The CLO V Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO V Closing Date (the “CLO V Indenture”), by and among the CLO V Issuers and State Street Bank and Trust Company: (i) $182 million of AAA(sf)/AAAsf Class A-1 Notes, which bear interest at three-month LIBOR plus 1.85% and (ii) $14 million of AAA(sf) Class A-2 Notes, which bear interest at three-month LIBOR plus 2.20% (together, the “CLO V Secured Notes”). The CLO V Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the CLO V Issuer. The CLO V Secured Notes are scheduled to mature on November 20, 2029. The CLO V Secured Notes were privately placed by Natixis Securities Americas LLC.

The CLO V Secured Notes were redeemed in the CLO V Refinancing, described below.

Concurrently with the issuance of the CLO V Secured Notes, the CLO V Issuer issued approximately $149.45 million of subordinated securities in the form of 149,450 preferred shares at an issue price of U.S.$1,000 per share (the “CLO V Preferred Shares”). The CLO V Preferred Shares were issued by the CLO V Issuer as part of its issued share capital and are not secured by the collateral securing the CLO V Secured Notes. The Company owns all of the outstanding CLO V Preferred Shares, and as such, these securities are eliminated in consolidation. The Company acted as retention holder in connection with the CLO V Transaction for the

purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such was required to retain a portion of the CLO V Preferred Shares while the CLO V Secured Notes were outstanding.

As part of the CLO V Transaction, the Company entered into a loan sale agreement with the CLO V Issuer dated as of the CLO V Closing Date, which provided for the sale and contribution of approximately $201.75 million par amount of middle market loans from the Company to the CLO V Issuer on the CLO V Closing Date and for future sales from the Company to the CLO V Issuer on an ongoing basis. Such loans constituted part of the initial portfolio of assets securing the CLO V Secured Notes. The remainder of the initial portfolio assets securing the CLO V Secured Notes consisted of approximately $84.74 million par amount of middle market loans purchased by the CLO V Issuer from ORCC Financing II LLC, a wholly-owned subsidiary of the Company, under an additional loan sale agreement executed on the CLO V Closing Date between the Issuer and ORCC Financing II LLC. The Company and ORCC Financing II LLC each made customary representations, warranties, and covenants to the Issuer under the applicable loan sale agreement.

Through July 20, 2022, a portion of the proceeds received by the CLO V Issuer from the loans securing the CLO V Secured Notes could be used by the CLO V Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO V Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The CLO V Secured Notes were the secured obligation of the CLO V Issuers, and the CLO V Indenture includes customary covenants and events of default. The CLO V Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration. Assets pledged to the holders of the CLO V Secured Notes were not available to pay the debts of the Company.

CLO V Refinancing

On April 20, 2022 (the “CLO V Refinancing Date”), the Company completed a $669.2 million term debt securitization refinancing (the “CLO V Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO V Refinancing were issued by the CLO V Co-Issuer, as Issuer (the “CLO V Refinancing Issuer”), and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO V Refinancing Issuer.

The CLO V Refinancing was executed by the issuance of the following classes of notes pursuant to the CLO V Indenture as supplemented by the supplemental indenture dated as of the CLO V Refinancing Date (the “CLO V Refinancing Indenture”), by and among the CLO V Refinancing Issuer and State Street Bank and Trust Company: (i) $354.4 million of AAA(sf) Class A-1R Notes, which bear interest at the Benchmark, as defined in the CLO V Refinancing Indenture, plus 1.78%, (ii) $30.4 million of AAA(sf) Class A-2R Notes, which bear interest at the Benchmark plus 1.95%, (iii) $49.0 million of AA(sf) Class B-1 Notes, which bear interest at the Benchmark plus 2.20%, (iv) $5.0 million of AA(sf) Class B-2 Notes, which bear interest at 4.25%, (v) $31.5 million of A(sf) Class C-1 Notes, which bear interest at the Benchmark plus 3.15% and (vi) $39.4 million of A(sf) Class C-2 Notes, which bear interest at 5.10% (together, the “CLO V Refinancing Secured Notes”). The CLO V Refinancing Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the Issuer. The CLO V Refinancing Secured Notes are scheduled to mature on April 20, 2034. The CLO V Refinancing Secured Notes were privately placed by Natixis Securities Americas LLC. The proceeds from the CLO V Refinancing were used to redeem in full the classes of notes issued on the CLO V Closing Date and to pay expenses incurred in connection with the CLO V Refinancing.

Concurrently with the issuance of the CLO V Refinancing Secured Notes, the CLO V Issuer issued approximately $10.2 million of additional subordinated securities, for a total of $159.6 million of subordinated securities in the form of 159,620 preferred shares at an issue price of U.S.$1,000 per share. The CLO V Preferred Shares are not secured by the collateral securing the CLO V Refinancing Secured Notes. The Company acts as retention holder in connection with the CLO V Refinancing for the purposes of satisfying certain U.S., European Union and United Kingdom regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO V Preferred Shares.

On the CLO V Closing Date, the CLO V Issuer entered into a loan sale agreement with Company, which provided for the sale and contribution of approximately $201.8 million par amount of middle market loans from the Company to the CLO V Issuer on the CLO V Closing Date and for future sales from the Company to the CLO V Issuer on an ongoing basis. As part of the CLO V Refinancing, the CLO V Refinancing Issuer, as the successor to the CLO V Issuer, and the Company entered into an amended and restated loan sale agreement with the Company dated as of the CLO V Refinancing Date, pursuant to which the CLO V Refinancing Issuer assumed all ongoing obligations of the CLO V Issuer under the original agreement and the Company sold and contributed approximately $275.67 million par amount middle market loans to the CLO V Refinancing Issuer on the CLO V Refinancing Date and provides for future sales from the Company to the CLO V Refinancing Issuer on an ongoing basis. Such loans constituted part of the portfolio of assets securing the CLO V Refinancing Secured Notes. A portion of the of the portfolio assets securing the CLO V

Refinancing Secured Notes consists of middle market loans purchased by the CLO V Issuer from ORCC Financing II LLC, a wholly-owned subsidiary of the Company, under an additional loan sale agreement executed on the CLO V Closing Date between the CLO V Issuer and ORCC Financing II LLC and which the CLO V Refinancing Issuer and ORCC Financing II LLC amended and restated on the CLO V Refinancing Date in connection with the refinancing. The Company and ORCC Financing II LLC each made customary representations, warranties, and covenants to the CLO V Refinancing Issuer under the applicable loan sale agreement.

Through April 20, 2026, a portion of the proceeds received by the CLO V Issuer from the loans securing the CLO V Refinancing Secured Notes may be used by the Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO V Refinancing Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The CLO V Refinancing Secured Notes are the secured obligation of the CLO V Refinancing Issuer, and the CLO V Refinancing Indenture includes customary covenants and events of default. The CLO V Refinancing Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO V Refinancing Issuer under an amended and restated collateral management agreement dated as of the CLO V Refinancing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO V Refinancing Issuer’s equity or notes owned by the Company.

CLO VI

On May 5, 2021 (the “CLO VI Closing Date”), the Company completed a $397.78 million term debt securitization transaction (the “CLO VI Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO VI Transaction were issued by the Company’s consolidated subsidiaries Owl Rock CLO VI, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO VI Issuer”), and Owl Rock CLO VI, LLC, a Delaware limited liability company (the “CLO VI Co-Issuer” and together with the CLO VI Issuer, the “CLO VI Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO VI Issuer.

The CLO VI Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO VI Closing Date (the “CLO VI Indenture”), by and among the CLO VI Issuers and State Street Bank and Trust Company: (i) $224 million of AAA(sf) Class A Notes, which bear interest at three-month LIBOR plus 1.45%, (ii) $26 million of AA(sf) Class B-1 Notes, which bear interest at three-month LIBOR plus 1.75% and (iii) $10 million of AA(sf) Class B-F Notes, which bear interest at a fixed rate of 2.83% (together, the “CLO VI Secured Notes”). The CLO VI Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the CLO VI Issuer. The CLO VI Secured Notes are scheduled to mature on June 21, 2032. The CLO VI Secured Notes are privately placed by SG Americas Securities, LLC. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO VI Secured Notes.

Concurrently with the issuance of the CLO VI Secured Notes, the CLO VI Issuer issued approximately $137.78 million of subordinated securities in the form of 137,775 preferred shares at an issue price of U.S. $1,000 per share (the “CLO VI Preferred Shares”). The CLO VI Preferred Shares were issued by the CLO VI Issuer as part of its issued share capital and are not secured by the collateral securing the CLO VI Secured Notes. The Company purchased all of the CLO VI Preferred Shares, and as such, these securities are eliminated in consolidation. The Company acts as retention holder in connection with the CLO VI Transaction for the purposes of satisfying certain U.S., United Kingdom and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO VI Preferred Shares.

As part of the CLO VI Transaction, the Company entered into a loan sale agreement with the CLO VI Issuer dated as of the CLO VI Closing Date, which provides for the sale and contribution of approximately $205.6 million par amount of middle market loans from the Company to the CLO VI Issuer on the CLO VI Closing Date and for future sales from the Company to the CLO VI Issuer on an ongoing basis. Such loans constitute part of the initial portfolio of assets securing the CLO VI Secured Notes. The remainder of the initial portfolio assets securing the CLO VI Secured Notes consists of approximately $164.7 million par amount of middle market loans purchased by the CLO VI Issuer from ORCC Financing IV LLC, a wholly-owned subsidiary of the Company, under an additional loan sale agreement executed on the CLO VI Closing Date between the CLO VI Issuer and ORCC Financing IV LLC. The Company and ORCC Financing IV LLC each made customary representations, warranties, and covenants to the CLO VI Issuer under the applicable loan sale agreement.

Through June 20, 2024, a portion of the proceeds received by the CLO VI Issuer from the loans securing the CLO VI Secured Notes may be used by the CLO VI Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO VI Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The Secured Notes are the secured obligation of the CLO VI Issuers, and the CLO VI Indenture includes customary covenants and events of default. The CLO VI Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO VI Issuer under a collateral management agreement dated as of the CLO VI Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO VI Issuers’ equity or notes owned by the Company.

CLO VII

On July 26, 2022 (the “CLO VII Closing Date”), the Company completed a $350.47 million term debt securitization transaction (the “CLO VII Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO VII Transaction and the secured loan borrowed in the CLO VII Transaction were issued and incurred, as applicable, by the Company’s consolidated subsidiary Owl Rock CLO VII, LLC, a limited liability organized under the laws of the State of Delaware (the “CLO VII Issuer”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO VII Issuer.

The CLO VII Transaction was executed by (A) the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO VII Closing Date (the “CLO VII Indenture”), by and among the CLO VII Issuer and State Street Bank and Trust Company: (i) $48 million of AAA(sf) Class A-1 Notes, which bear interest at three-month term SOFR plus 2.10%, (ii) $24 million of AAA(sf) Class A-2 Notes, which bear interest at 5.00%, (iii) $6 million of AA(sf) Class B-1 Notes, which bear interest at three-month term SOFR plus 2.85% and (iv) $26.15 million of AA(sf) Class B-2 Notes, which bear interest at 5.71% and (v) $10 million of A(sf) Class C Notes, which bear interest at 6.86% (together, the “CLO VII Secured Notes”) and (B) the borrowing by the CLO VII Issuer of $75 million under floating rate Class A-L1 loans (the “CLO VII Class A-L1 Loans”) and $50 million under floating rate Class A-L2 loans (the “CLO VII Class A-L2 Loans” and together with the CLO VII Class A-L1 Loans and the CLO VII Secured Notes, the “CLO VII Debt”). The CLO VII Class A-L1 Loans and the CLO VII Class A-L2 Loans bear interest at three-month term SOFR plus 2.10%. The CLO VII Class A-L1 Loans were borrowed under a credit agreement (the “CLO VII A-L1 Credit Agreement”), dated as of the CLO VII Closing Date, by and among the CLO VII Issuer, as borrower, various financial institutions, as lenders, and State Street Bank and Trust Company, as collateral trustee and loan agent and the CLO VII Class A-L2 Loans were borrowed under a credit agreement (the “CLO VII A-L2 Credit Agreement”), dated as of the CLO VII Closing Date, by and among the CLO VII Issuer, as borrower, various financial institutions, as lenders, and State Street Bank and Trust Company, as collateral trustee and loan agent. The CLO VII Debt is secured by middle market loans, participation interests in middle market loans and other assets of the CLO VII Issuer. The CLO VII Debt is scheduled to mature on July 20, 2033. The CLO VII Secured Notes were privately placed by SG Americas Securities, LLC as Initial Purchaser.

Concurrently with the issuance of the CLO VII Secured Notes and the borrowing under the CLO VII Class A-L1 Loans and CLO VII Class A-L2 Loans, the CLO VII Issuer issued approximately $111.32 million of subordinated securities in the form of 111,320 preferred shares at an issue price of U.S.$1,000 per share (the “CLO VII Preferred Shares”). The CLO VII Preferred Shares were issued by the CLO VII Issuer as part of its issued share capital and are not secured by the collateral securing the CLO VII Debt. The Company purchased all of the CLO VII Preferred Shares. The Company acts as retention holder in connection with the CLO VII Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO VII Preferred Shares.

As part of the CLO VII Transaction, the Company entered into a loan sale agreement with the CLO VII Issuer dated as of the CLO VII Closing Date, which provided for the sale and contribution of approximately $255.548 million par amount of middle market loans from the Company to the CLO VII Issuer on the CLO VII Closing Date and for future sales from the Company to the CLO VII Issuer on an ongoing basis. Such loans constituted part of the initial portfolio of assets securing the CLO VII Debt. The remainder of the initial portfolio assets securing the CLO VII Debt consisted of approximately $93.313 million par amount of middle market loans purchased by the CLO VII Issuer from ORCC Financing IV LLC, a wholly-owned subsidiary of the Company, under an additional loan sale agreement executed on the CLO VII Closing Date between the CLO VII Issuer and ORCC Financing IV LLC. The Company and ORCC Financing IV LLC each made customary representations, warranties, and covenants to the CLO VII Issuer under the applicable loan sale agreement.

Through July 20, 2025, a portion of the proceeds received by the CLO VII Issuer from the loans securing the CLO VII Debt may be used by the CLO VII Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO VII Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The CLO VII Debt is the secured obligation of the CLO VII Issuer, and the CLO VII Indenture, the CLO VII A-L1 Credit Agreement and the CLO VII A-L2 Credit Agreement each include customary covenants and events of default. The CLO VII Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser will serve as collateral manager for the CLO VII Issuer under a collateral management agreement dated as of the CLO VII Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Amended and Restated Investment Advisory Agreement, between the Adviser and the Company will be offset by the amount of the collateral management fee attributable to the CLO VII Issuer’s equity or notes owned by the Company.

CLO X

On March 9, 2023 (the “CLO X Closing Date”), the Company completed a $397.7 million term debt securitization transaction (the “CLO X Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by the Company. The secured notes and preferred shares issued in the CLO X Transaction were issued by the Company’s consolidated subsidiary Owl Rock CLO X, LLC, a limited liability organized under the laws of the State of Delaware (the “CLO X Issuer”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO X Issuer.

The CLO X Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO X Closing Date (the “CLO X Indenture”), by and among the CLO X Issuer and State Street Bank and Trust Company: (i) $228 million of AAA(sf) Class A Notes, which bear interest at three-month term SOFR plus 2.45% and (ii) $32 million of AA(sf) Class B Notes, which bear interest at three-month term SOFR plus 3.60% (together, the “CLO X Secured Notes”). The Secured Notes are secured by middle market loans, participation interests in middle market loans and other assets of the CLO X Issuer. The CLO X Secured Notes are scheduled to mature on April 20, 2035. The CLO X Secured Notes were privately placed by Deutsche Bank Securities Inc. as Initial Purchaser.

Concurrently with the issuance of the CLO X Secured Notes, the CLO X Issuer issued approximately $137.7 million of subordinated securities in the form of 137,700 preferred shares at an issue price of U.S. $1,000 per share (the “CLO X Preferred Shares”). The CLO X Preferred Shares were issued by the CLO X Issuer as part of its issued share capital and are not secured by the collateral securing the CLO X Secured Notes. The Company purchased all of the CLO X Preferred Shares. The Company acts as retention holder in connection with the CLO X Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO X Preferred Shares.

As part of the CLO X Transaction, the Company entered into a loan sale agreement with the CLO X Issuer dated as of the CLO X Closing Date, which provided for the sale and contribution of approximately $245.9 million par amount of middle market loans from the Company to the CLO X Issuer on the CLO X Closing Date and for future sales from the Company to the CLO X Issuer on an ongoing basis. Such loans constituted part of the initial portfolio of assets securing the CLO X Secured Notes. The remainder of the initial portfolio assets securing the CLO X Secured Notes consisted of approximately $141.3 million par amount of middle market loans purchased by the CLO X Issuer from ORCC Financing III LLC, a wholly-owned subsidiary of the Company, under an additional loan sale agreement executed on the CLO X Closing Date between the CLO X Issuer and ORCC Financing III LLC. The Company and ORCC Financing III LLC each made customary representations, warranties, and covenants to the CLO X Issuer under the applicable loan sale agreement.

Through April 20, 2027, a portion of the proceeds received by the CLO X Issuer from the loans securing the CLO X Secured Notes may be used by the CLO X Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO X Issuer and in accordance with the Company’s investing strategy and ability to originate eligible middle market loans.

The CLO X Secured Notes are the secured obligation of the CLO X Issuer, and the CLO X Indenture includes customary covenants and events of default. The CLO X Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser will serve as collateral manager for the CLO X Issuer under a collateral management agreement dated as of the CLO X Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Amended and Restated Investment Advisory Agreement, between the Adviser and the Company will be offset by the amount of the collateral management fee attributable to the CLO X Issuer’s equity or notes owned by the Company.

Unsecured Notes

2023 Notes

On December 21, 2017, we entered into a Note Purchase Agreement governing the issuance of $150 million in aggregate principal amount of unsecured notes (the “2023 Notes”) to institutional investors in a private placement. The issuance of $138.5 million of the 2023 Notes occurred on December 21, 2017, and $11.5 million of the 2023 Notes were issued in January 2018. The 2023 Notes had a fixed interest rate of 4.75% and were due on June 21, 2023. Interest on the 2023 Notes was due and ranked semiannually. This interest rate was subject to increase (up to a maximum interest rate of 5.50%) in the event that, subject to certain exceptions, the 2023 Notes ceased to have an investment grade rating. We were obligated to offer to repay the 2023 Notes at par if certain change in control events occur. The 2023 Notes were our general unsecured obligations and ranked pari passu with all outstanding and future unsecured unsubordinated indebtedness issued by us.

The Note Purchase Agreement for the 2023 Notes contained customary terms and conditions for unsecured notes issued in a private placement, including, without limitation, affirmative and negative covenants such as information reporting, maintenance of our status as a BDC within the meaning of the 1940 Act and a RIC under the Code, minimum shareholders equity, minimum asset coverage ratio and prohibitions on certain fundamental changes at us or any subsidiary guarantor, as well as customary events of default with customary cure and notice, including, without limitation, nonpayment, misrepresentation in a material respect, breach of covenant, cross-default under other indebtedness of us or certain significant subsidiaries, certain judgments and orders, and certain events of bankruptcy.

The 2023 Notes were offered in reliance on Section 4(a)(2) of the Securities Act. In connection with the offering of the 2023 Notes, on December 21, 2017, we entered into a centrally cleared interest rate swap. The notional amount of the interest rate swap was $150 million. We received fixed rate interest semi-annually at 4.75% and paid variable rate interest monthly based on 1-month LIBOR plus 2.545%. The interest rate swap matured on December 21, 2021, and therefore, for the three months ended March 31, 2023 and 2022, we did not make any periodic payments. The interest expense related to the 2023 Notes was equally offset by proceeds received from the interest rate swap. The swap adjusted interest expense is included as a component of interest expense in our Consolidated Statements of Operations. Depending on the nature of the balance at period end, the fair value of the interest rate swap is either included as a component of accrued expenses and other liabilities or prepaid expenses and other assets on our Consolidated Statements of Assets and Liabilities. The change in fair value of the interest rate swap is offset by the change in fair value of the 2023 Notes, with the remaining difference included as a component of interest expense on the Consolidated Statements of Operations.

On November 23, 2021, we caused notice to be issued to the holders of the 2023 Notes regarding our exercise of the option to redeem in full all $150 million in aggregate principal amount of the 2023 Notes at 100% of their principal amount, plus the accrued and unpaid interest thereon through, but excluding, the redemption date, December 23, 2021. On December 23, 2021, we redeemed in full all $150 million in aggregate principal amount of the 2023 Notes at 100% of their principal amount, plus the accrued and unpaid interest thereon through, but excluding, December 23, 2021.

2024 Notes

On April 10, 2019, the Company issued $400 million aggregate principal amount of notes that mature on April 15, 2024 (the “2024 Notes”). The 2024 Notes bear interest at a rate of 5.25% per year, payable semi-annually on April 15 and October 15 of each year, commencing on October 15, 2019. The Company may redeem some or all of the 2024 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2024 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2024 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if the Company redeems any 2024 Notes on or after March 15, 2024 (the date falling one month prior to the maturity date of the 2024 Notes), the redemption price for the 2024 Notes will be equal to 100% of the principal amount of the 2024 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

In connection with the issuance of the 2024 Notes, on April 10, 2019 the Company entered into centrally cleared interest rate swaps. The notional amount of the interest rate swaps is $400 million. The Company will receive fixed rate interest at 5.25% and pay variable rate interest based on one-month LIBOR plus 2.937%. The interest rate swaps mature on April 10, 2024. For the three and six months ended June 30, 2023, the Company made periodic payments of $9.5 million and $9.5 million, respectively. For the three and six months ended June 30, 2022, the Company made periodic payments of $4.3 million and $4.3 million, respectively.The interest

expense related to the 2024 Notes is equally offset by the proceeds received from the interest rate swaps. The swap adjusted interest expense is included as a component of interest expense on the Company’s Consolidated Statements of Operations. As of June 30, 2023 and December 31, 2022, the interest rate swap had a fair value of $(9.9) million and $(13.1) million, respectively. Depending on the nature of the balance at period end, the fair value of the interest rate swap is either included as a component of accrued expenses and other liabilities or prepaid expenses and other assets on the Company’s Consolidated Statements of Assets and Liabilities. The change in fair value of the interest rate swap is offset by the change in fair value of the 2024 Notes, with the remaining difference included as a component of interest expense on the Consolidated Statements of Operations.

2025 Notes

On October 8, 2019, the Company issued $425 million aggregate principal amount of notes that mature on March 30, 2025 (the “2025 Notes”). The 2025 Notes bear interest at a rate of 4.00% per year, payable semi-annually on March 30 and September 30 of each year, commencing on March 30, 2020. The Company may redeem some or all of the 2025 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2025 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2025 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 40 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if the Company redeems any 2025 Notes on or after February 28, 2025 (the date falling one month prior to the maturity date of the 2025 Notes), the redemption price for the 2025 Notes will be equal to 100% of the principal amount of the 2025 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

July 2025 Notes

On January 22, 2020, the Company issued $500 million aggregate principal amount of notes that mature on July 22, 2025 (the “July 2025 Notes”). The July 2025 Notes bear interest at a rate of 3.75% per year, payable semi-annually on January 22 and July 22, of each year, commencing on July 22, 2020. The Company may redeem some or all of the July 2025 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the July 2025 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the July 2025 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 35 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if the Company redeems any July 2025 Notes on or after June 22, 2025 (the date falling one month prior to the maturity date of the 2025 Notes), the redemption price for the July 2025 Notes will be equal to 100% of the principal amount of the July 2025 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

2026 Notes

On July 23, 2020, the Company issued $500 million aggregate principal amount of notes that mature on January 15, 2026 (the “2026 Notes”). The 2026 Notes bear interest at a rate of 4.25% per year, payable semi-annually on January 15 and July 15 of each year, commencing on January 15, 2021. The Company may redeem some or all of the 2026 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2026 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2026 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if the Company redeems any 2026 Notes on or after December, 15 2025 (the date falling one month prior to the maturity date of the 2026 Notes), the redemption price for the 2026 Notes will be equal to 100% of the principal amount of the 2026 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

July 2026 Notes

On December 8, 2020, the Company issued $1.0 billion aggregate principal amount of notes that mature on July 15, 2026 (the “July 2026 Notes”). The July 2026 Notes bear interest at a rate of 3.40% per year, payable semi-annually on January 15 and July 15 of each year, commencing on July 15, 2021. The Company may redeem some or all of the July 2026 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the July 2026 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the July 2026 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if the Company redeems any July 2026 Notes on or after June 15, 2026 (the date falling one month prior to the maturity date of the July 2026 Notes), the redemption price for the July 2026 Notes will be equal to 100% of the principal amount of the July 2026 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

2027 Notes

On April 26, 2021, the Company issued $500 million aggregate principal amount of notes that mature on January 15, 2027 (the “2027 Notes”). The 2027 Notes bear interest at a rate of 2.625% per year, payable semi-annually on January 15 and July 15, of each year, commencing on July 15, 2021. The Company may redeem some or all of the 2027 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2027 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2027 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 30 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if the Company redeems any 2027 Notes on or after December 15, 2026 (the date falling one month prior to the maturity date of the 2027 Notes), the redemption price for the 2027 Notes will be equal to 100% of the principal amount of the 2027 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

In connection with the issuance of the 2027 Notes, on April 26, 2021, the Company entered into centrally cleared interest rate swaps. The notional amount of the interest rate swaps is $500 million. The Company will receive fixed rate interest at 2.625% and pay variable rate interest based on one-month LIBOR plus 1.655%. The interest rate swaps mature on January 15, 2027. For the three months ended June 30, 2023 the Company made no periodic payments and for the six months ended June 30, 2023 the Company made $5.9 million in periodic payments. For the three months ended June 30, 2022 the Company made no periodic payments and for the six months ended June 30, 2022 the Company made $2.0 million in periodic payments. The interest expense related to the 2027 Notes is equally offset by the proceeds received from the interest rate swaps. The swap adjusted interest expense is included as a component of interest expense on the Company’s Consolidated Statements of Operations. As of June 30, 2023 and December 31, 2022, the interest rate swap had a fair value of $(55.9) million and $(56.4) million, respectively. Depending on the nature of the balance at period end, the fair value of the interest rate swaps is either included as a component of accrued expenses and other liabilities or prepaid expenses and other assets on the Company’s Consolidated Statements of Assets and Liabilities. The change in fair value of the interest rate swaps is offset by the change in fair value of the 2027 Notes, with the remaining difference included as a component of interest expense on the Consolidated Statements of Operations.

2028 Notes

On June 11, 2021, the Company issued $450 million aggregate principal amount of notes that mature on June 11, 2028 and on August 17, 2021, the Company issued an additional $400 million aggregate principal amount of the Company's 2.875% notes due 2028 (together, the “2028 Notes”). The 2028 Notes bear interest at a rate of 2.875% per year, payable semi-annually on June 11 and December 11, of each year, commencing on December 11, 2021. The Company may redeem some or all of the 2028 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2028 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2028 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 30 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if the Company redeems any 2028 Notes on or after April 11, 2028 (the date falling two months prior to the maturity date of the 2028 Notes), the redemption price for the 2028 Notes will be equal to 100% of the principal amount of the 2028 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

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Commitments and Contingencies

6 Months Ended

Jun. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies

Portfolio Company Commitments

From time to time, the Company may enter into commitments to fund investments. The table below presents outstanding commitments to fund investments in current portfolio companies as of the following periods:

Portfolio Company	Investment	June 30, 2023		December 31, 2022
($ in thousands)
3ES Innovation Inc. (dba Aucerna)	First lien senior secured revolving loan	$	2,193	$	2,193
AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC	LLC Interest	38,884		45,000
AAM Series 2.1 Aviation Feeder, LLC	LLC Interest	26,056		43,432
ABB/Con-cise Optical Group LLC	First lien senior secured revolving loan	—		354
Accela, Inc.	First lien senior secured revolving loan	3,000		3,000
Adenza Group, Inc.	First lien senior secured delayed draw term loan	8,331		8,331
Adenza Group, Inc.	First lien senior secured revolving loan	18,227		18,227
AmeriLife Holdings LLC	First lien senior secured delayed draw term loan	61		61
AmeriLife Holdings LLC	First lien senior secured revolving loan	76		91
AmSpec Group, Inc. (fka AmSpec Services Inc.)	First lien senior secured revolving loan	7,034		11,388
Anaplan, Inc.	First lien senior secured revolving loan	9,722		9,722
Apex Service Partners, LLC	First lien senior secured revolving loan	50		19
Apptio, Inc.	First lien senior secured revolving loan	1,945		1,112
Aramsco, Inc.	First lien senior secured revolving loan	—		6,703
Armstrong Bidco Limited (dba The Access Group)	First lien senior secured delayed draw term loan	157		273
Ascend Buyer, LLC (dba PPC Flexible Packaging)	First lien senior secured revolving loan	565		565
Associations, Inc.	First lien senior secured delayed draw term loan	17,370		45,792
Associations, Inc.	First lien senior secured revolving loan	32,923		32,923
Bayshore Intermediate #2, L.P. (dba Boomi)	First lien senior secured revolving loan	5,530		4,607
BCPE Osprey Buyer, Inc. (dba PartsSource)	First lien senior secured delayed draw term loan	28,014		28,014
BCPE Osprey Buyer, Inc. (dba PartsSource)	First lien senior secured revolving loan	7,377		11,855
BCTO BSI Buyer, Inc. (dba Buildertrend)	First lien senior secured revolving loan	8,036		8,036
Blend Labs, Inc.	First lien senior secured revolving loan	7,500		7,500
BP Veraison Buyer, LLC (dba Sun World)	First lien senior secured delayed draw term loan	—		29,054
BP Veraison Buyer, LLC (dba Sun World)	First lien senior secured revolving loan	8,716		8,716
Brightway Holdings, LLC	First lien senior secured revolving loan	1,579		3,158
Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.)	First lien senior secured delayed draw term loan	1,111		1,111
Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.)	First lien senior secured revolving loan	79		79
Centrify Corporation	First lien senior secured revolving loan	6,817		—
Circana Group, L.P. (fka The NPD Group, L.P.)	First lien senior secured revolving loan	1,389		1,329
CivicPlus, LLC	First lien senior secured revolving loan	2,213		2,698
Coupa Holdings, LLC	First lien senior secured delayed draw term loan	70		—
Coupa Holdings, LLC	First lien senior secured revolving loan	54		—
Denali BuyerCo, LLC (dba Summit Companies)	First lien senior secured delayed draw term loan	—		1,719
Denali BuyerCo, LLC (dba Summit Companies)	First lien senior secured revolving loan	2,998		2,998

Portfolio Company	Investment	June 30, 2023	December 31, 2022
Diamondback Acquisition, Inc. (dba Sphera)	First lien senior secured delayed draw term loan	1,080	1,080
Douglas Products and Packaging Company LLC	First lien senior secured revolving loan	2,202	2,447
EET Buyer, Inc. (dba e-Emphasys)	First lien senior secured revolving loan	455	455
Entertainment Benefits Group, LLC	First lien senior secured revolving loan	111	44
Evolution BuyerCo, Inc. (dba SIAA)	First lien senior secured revolving loan	10,709	10,709
Forescout Technologies, Inc.	First lien senior secured delayed draw term loan	48,750	48,750
Forescout Technologies, Inc.	First lien senior secured revolving loan	5,345	5,345
Fortis Solutions Group, LLC	First lien senior secured delayed draw term loan	—	13
Fortis Solutions Group, LLC	First lien senior secured revolving loan	400	400
Fullsteam Operations, LLC	First lien senior secured delayed draw term loan	—	3,987
Gainsight, Inc.	First lien senior secured revolving loan	959	3,357
Galls, LLC	First lien senior secured revolving loan	17,791	17,192
Gaylord Chemical Company, L.L.C.	First lien senior secured revolving loan	13,202	13,202
Gerson Lehrman Group, Inc.	First lien senior secured revolving loan	10,782	21,563
GI Apple Midco LLC (dba Atlas Technical Consultants)	First lien senior secured delayed draw term loan	159	—
GI Apple Midco LLC (dba Atlas Technical Consultants)	First lien senior secured revolving loan	79	—
GI Ranger Intermediate, LLC (dba Rectangle Health)	First lien senior secured revolving loan	221	332
Global Music Rights, LLC	First lien senior secured revolving loan	667	667
Granicus, Inc.	First lien senior secured revolving loan	819	789
H&F Opportunities LUX III S.À R.L (dba Checkmarx)	First lien senior secured revolving loan	16,250	16,250
Hercules Borrower, LLC (dba The Vincit Group)	First lien senior secured revolving loan	18,685	18,685
HGH Purchaser, Inc. (dba Horizon Services)	First lien senior secured delayed draw term loan	—	3,824
HGH Purchaser, Inc. (dba Horizon Services)	First lien senior secured revolving loan	165	6,520
Hissho Sushi Merger Sub LLC	First lien senior secured revolving loan	65	56
Hometown Food Company	First lien senior secured revolving loan	4,235	3,388
Ideal Image Development, LLC	First lien senior secured delayed draw term loan	—	1,463
Ideal Image Development, LLC	First lien senior secured revolving loan	1,829	1,829
Ideal Tridon Holdings, Inc.	First lien senior secured revolving loan	—	2,536
IG Investments Holdings, LLC (dba Insight Global)	First lien senior secured revolving loan	3,974	2,384
Indigo Buyer, Inc. (dba Inovar Packaging Group)	First lien senior secured delayed draw term loan	—	250
Indigo Buyer, Inc. (dba Inovar Packaging Group)	First lien senior secured revolving loan	83	83
BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC)	First lien senior secured revolving loan	19,291	21,567
Inovalon Holdings, Inc.	First lien senior secured delayed draw term loan	18,988	18,988
Integrity Marketing Acquisition, LLC	First lien senior secured revolving loan	14,832	14,832
Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.)	First lien senior secured revolving loan	4,566	—
Interoperability Bidco, Inc. (dba Lyniate)	First lien senior secured revolving loan	3,686	1,522
Kaseya Inc.	First lien senior secured delayed draw term loan	1,065	1,134
Kaseya Inc.	First lien senior secured revolving loan	851	1,134
Lightbeam Bidco, Inc. (dba Lazer Spot)	First lien senior secured delayed draw term loan	595	—
Lightbeam Bidco, Inc. (dba Lazer Spot)	First lien senior secured revolving loan	476	26,833
Lignetics Investment Corp.	First lien senior secured delayed draw term loan	—	3,922
Lignetics Investment Corp.	First lien senior secured revolving loan	157	1,882

Portfolio Company	Investment	June 30, 2023	December 31, 2022
Litera Bidco LLC	First lien senior secured revolving loan	5,738	4,160
Mario Purchaser, LLC (dba Len the Plumber)	First lien senior secured delayed draw term loan	3,729	4,880
Mario Purchaser, LLC (dba Len the Plumber)	First lien senior secured revolving loan	1,381	1,381
Medline Borrower, LP	First lien senior secured revolving loan	7,190	7,190
MHE Intermediate Holdings, LLC (dba OnPoint Group)	First lien senior secured revolving loan	11,496	13,361
Milan Laser Holdings LLC	First lien senior secured revolving loan	2,078	2,078
MINDBODY, Inc.	First lien senior secured revolving loan	6,071	6,071
Ministry Brands Holdings, LLC	First lien senior secured delayed draw term loan	197	226
Ministry Brands Holdings, LLC	First lien senior secured revolving loan	43	34
National Dentex Labs LLC (fka Barracuda Dental LLC)	First lien senior secured revolving loan	1,873	171
Natural Partners, LLC	First lien senior secured revolving loan	68	68
Nelipak Holding Company	First lien senior secured USD revolving loan	6,165	6,299
Nelipak Holding Company	First lien senior secured EUR revolving loan	5,458	4,481
NMI Acquisitionco, Inc. (dba Network Merchants)	First lien senior secured delayed draw term loan	3,077	3,077
NMI Acquisitionco, Inc. (dba Network Merchants)	First lien senior secured revolving loan	1,652	1,652
Norvax, LLC (dba GoHealth)	First lien senior secured revolving loan	12,273	12,273
Notorious Topco, LLC (dba Beauty Industry Group)	First lien senior secured delayed draw term loan	6,385	6,385
Notorious Topco, LLC (dba Beauty Industry Group)	First lien senior secured revolving loan	8,939	7,981
OB Hospitalist Group, Inc.	First lien senior secured revolving loan	8,483	9,897
Ole Smoky Distillery, LLC	First lien senior secured revolving loan	116	116
Pacific BidCo Inc.	First lien senior secured delayed draw term loan	3,436	3,436
Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.)	First lien senior secured revolving loan	13,538	10,637
PCF Holdco, LLC (dba PCF Insurance Services)	Series A Preferred Units	5,825	—
Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services)	First lien senior secured revolving loan	6,161	6,161
Ping Identity Holding Corp.	First lien senior secured revolving loan	91	91
Plasma Buyer LLC (dba PathGroup)	First lien senior secured delayed draw term loan	176	176
Plasma Buyer LLC (dba PathGroup)	First lien senior secured revolving loan	76	76
Pluralsight, LLC	First lien senior secured revolving loan	3,118	3,118
PPV Intermediate Holdings, LLC	First lien senior secured delayed draw term loan	—	110
PPV Intermediate Holdings, LLC	First lien senior secured revolving loan	67	49
Project Power Buyer, LLC (dba PEC-Veriforce)	First lien senior secured revolving loan	3,188	3,188
PS Operating Company LLC (fka QC Supply, LLC)	First lien senior secured revolving loan	1,324	1,159
QAD, Inc.	First lien senior secured revolving loan	3,429	3,429
Quva Pharma, Inc.	First lien senior secured revolving loan	2,160	2,080
Relativity ODA LLC	First lien senior secured revolving loan	7,333	7,333
SailPoint Technologies Holdings, Inc.	First lien senior secured revolving loan	4,358	4,358
Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC)	First lien senior secured revolving loan	2,700	1,980
Securonix, Inc.	First lien senior secured revolving loan	153	153
Sensor Technology Topco, Inc. (dba Humanetics)	First lien senior secured revolving loan	4,525	—
SimpliSafe Holding Corporation	First lien senior secured delayed draw term loan	772	772
Smarsh Inc.	First lien senior secured delayed draw term loan	95	95
Smarsh Inc.	First lien senior secured revolving loan	8	48
Sonny's Enterprises LLC	First lien senior secured delayed draw term loan	1,000	—

Portfolio Company	Investment	June 30, 2023		December 31, 2022
Sonny's Enterprises LLC	First lien senior secured revolving loan	17,969		17,969
Spotless Brands, LLC	First lien senior secured revolving loan	1,305		1,305
Summit Acquisition Inc. (dba K2 Insurance Services)	First lien senior secured delayed draw term loan	178		—
Summit Acquisition Inc. (dba K2 Insurance Services)	First lien senior secured revolving loan	89		—
Swipe Acquisition Corporation (dba PLI)	First lien senior secured delayed draw term loan	6,228		6,228
Swipe Acquisition Corporation (dba PLI)	Letter of Credit	7,118		7,118
SWK BUYER, Inc. (dba Stonewall Kitchen)	First lien senior secured delayed draw term loan	—		175
SWK BUYER, Inc. (dba Stonewall Kitchen)	First lien senior secured revolving loan	5		46
Tahoe Finco, LLC	First lien senior secured revolving loan	9,244		9,244
Tall Tree Foods, Inc.	First lien senior secured delayed draw term loan	1,500		—
Tamarack Intermediate, L.L.C. (dba Verisk 3E)	First lien senior secured revolving loan	117		116
Tempo Buyer Corp. (dba Global Claims Services)	First lien senior secured delayed draw term loan	308		308
Tempo Buyer Corp. (dba Global Claims Services)	First lien senior secured revolving loan	95		141
The Shade Store, LLC	First lien senior secured revolving loan	436		655
THG Acquisition, LLC (dba Hilb)	First lien senior secured revolving loan	6,695		8,608
Thunder Purchaser, Inc. (dba Vector Solutions)	First lien senior secured delayed draw term loan	7,018		7,018
Thunder Purchaser, Inc. (dba Vector Solutions)	First lien senior secured revolving loan	603		2,522
Troon Golf, L.L.C.	First lien senior secured revolving loan	21,622		21,622
Ultimate Baked Goods Midco, LLC	First lien senior secured revolving loan	9,946		7,335
Unified Women's Healthcare, LP	First lien senior secured delayed draw term loan	4		33
Unified Women's Healthcare, LP	First lien senior secured revolving loan	88		88
USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners)	First lien senior secured revolving loan	4,239		4,239
Valence Surface Technologies LLC	First lien senior secured revolving loan	49		49
Velocity HoldCo III Inc. (dba VelocityEHS)	First lien senior secured revolving loan	447		1,072
Walker Edison Furniture Company LLC	First lien senior secured delayed draw term loan	2,248		—
When I Work, Inc.	First lien senior secured revolving loan	925		925
Wingspire Capital Holdings LLC	LLC Interest	49,855		35,855
WU Holdco, Inc. (dba Weiman Products, LLC)	First lien senior secured revolving loan	8,066		9,219
Zendesk, Inc.	First lien senior secured delayed draw term loan	17,352		17,352
Zendesk, Inc.	First lien senior secured revolving loan	7,145		7,145
Total Unfunded Portfolio Company Commitments		$	808,440	$	926,091

As of June 30, 2023, the Company believed they had adequate financial resources to satisfy the unfunded portfolio company commitments.

Other Commitments and Contingencies

On November 3, 2020, the Board approved the 2020 Repurchase Program (the “2020 Repurchase Program”) under which the Company may repurchase up to $100 million of the Company’s outstanding common stock. Under the 2020 Repurchase Program, purchases were made at management’s discretion from time to time in open-market transactions, in accordance with all applicable securities laws and regulations. Unless extended by the Board, the 2020 Repurchase Program will terminate 12-months from the date it was approved. On November 2, 2021, the Board approved an extension to the 2020 Repurchase Program for an additional 12-months. As of December 31, 2022, Goldman Sachs & Co., as agent, had repurchased 944,076 shares of the Company’s common stock pursuant to the 2020 Repurchase Program for approximately $12.6 million. On November 2, 2022, the 2020 Repurchase Program ended in accordance with its terms.

On November 1, 2022, the Board approved the 2022 Stock Repurchase Program (the “2022 Stock Repurchase Program”) under which we may repurchase up to $150 million of our outstanding common stock. Under the 2022 Stock Repurchase Program, purchases may be made at management’s discretion from time to time in open-market transactions, in accordance with all applicable securities laws and regulations. Unless extended by the Board, the 2022 Stock Repurchase Program will terminate 18-months from the date it was approved. Since the 2022 Stock Repurchase Program’s inception, Goldman, Sachs & Co., as agent, has repurchased 4,090,138 shares of the Company’s common stock pursuant to the 2022 Stock Repurchase Plan for approximately $50.0 million as of June 30, 2023.

From time to time, the Company may become a party to certain legal proceedings incidental to the normal course of its business. At June 30, 2023, management was not aware of any material pending or threatened litigation that would require accounting recognition or financial statement disclosure.

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Net Assets

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Net Assets

Net Assets

Equity Issuances

The Company has the authority to issue 500,000,000 common shares at $0.01 per share par value.

There were no sales of the Company’s common stock during the six months ended June 30, 2023 and 2022.

Distributions

The tables below present the distributions declared on shares of the Company’s common stock for the following periods:

	For the Six Months Ended June 30, 2023
Date Declared	Record Date	Payment Date	Distribution per Share
February 21, 2023	March 31, 2023	April 14, 2023	$	0.33
February 21, 2023 (supplemental dividend)	March 3, 2023	March 17, 2023	$	0.04
May 9, 2023	June 30, 2023	July 14, 2023	$	0.33
May 9, 2023 (supplemental dividend)	May 31, 2023	June 15, 2023	$	0.06

	For the Six Months Ended June 30, 2022
Date Declared	Record Date	Payment Date	Distribution per Share
February 23, 2022	March 31, 2022	May 13, 2022	$	0.31
May 4, 2022	June 30, 2022	August 15, 2022	$	0.31

Dividend Reinvestment

With respect to distributions, the Company has adopted an “opt out” dividend reinvestment plan for common shareholders. As a result, in the event of a declared distribution, each shareholder that has not “opted out” of the dividend reinvestment plan will have their dividends or distributions automatically reinvested in additional shares of the Company’s common stock rather than receiving cash distributions. If newly issued shares are used to implement the dividend reinvestment plan, the number of shares to be issued to a shareholder will be determined by dividing the total dollar amount of the cash dividend or distribution payable to a shareholder by the market price per share of our common stock at the close of regular trading on the New York Stock Exchange on the payment date of a distribution, or if no sale is reported for such day, the average of the reported bid and ask prices. However, if the market price per share on the payment date of a cash dividend or distribution exceeds the most recently computed net asset value per share, we will issue shares at the greater of (i) the most recently computed net asset value per share and (ii) 95% of the current market price per share (or such lesser discount to the current market price per share that still exceeded the most recently computed net asset value per share). If shares are purchased in the open market to implement the dividend reinvestment plan, the number of shares to be issued to a shareholder shall be determined by dividing the dollar amount of the cash dividend payable to such shareholder by the weighted average price per share for all shares purchased by the plan administrator in the open market in connection with the dividend. Shareholders who receive distributions in the form of shares of common stock will be subject to the same U.S. federal, state and local tax consequences as if they received cash distributions.

The following tables presents the shares distributed pursuant to the dividend reinvestment plan for the following periods:

	For the Six Months Ended June 30, 2023
Date Declared	Record Date	Payment Date	Shares
November 2, 2022	March 31, 2023	January 13, 2023	583,495	(1)
February 21, 2023 (supplemental dividend)	March 3, 2023	March 17, 2023	77,157	(1)
February 21, 2023	March 31, 2023	April 14, 2023	558,872	(1)
May 9, 2023 (supplemental dividend)	May 31, 2023	June 15, 2023	84,363	(1)

_______________

(1)Shares purchased in the open market in order to satisfy dividends reinvested under our dividend reinvestment program.

	For the Six Months Ended June 30, 2022
Date Declared	Record Date	Payment Date	Shares
November 2, 2021	December 31, 2021	January 31, 2022	814,084
February 23, 2022	March 31, 2022	May 15, 2022	830,764	(1)

_______________

(1)Shares purchased in the open market in order to satisfy dividends reinvested under our dividend reinvestment program.

2020 Stock Repurchase Program

On November 3, 2020, the Board approved the 2020 Repurchase Program under which the Company was authorized to repurchase up to $100 million of the Company’s outstanding common stock. Under the 2020 Repurchase Program program, purchases were made at management’s discretion from time to time in open-market transactions, in accordance with all applicable securities laws and regulations. On November 2, 2021, the Board approved an extension to the 2020 Repurchase Program for an additional 12-months and on November 2, 2022, the 2020 Repurchase Program ended in accordance with its terms. As of December 31, 2022, Goldman, Sachs & Co., as agent, has repurchased 944,076 shares of the Company’s common stock pursuant to the 2020 Stock Repurchase Plan for approximately $12.6 million.

2022 Stock Repurchase Program

On November 1, 2022, the Board approved the 2022 Stock Repurchase Program under which we may repurchase up to $150 million of our outstanding common stock. Under the 2022 Stock Repurchase Program, purchases may be made at management’s discretion from time to time in open-market transactions, in accordance with all applicable securities laws and regulations. Unless extended by the Board, the 2022 Stock Repurchase Program will terminate 18-months from the date it was approved. Since the 2022 Stock Repurchase Program’s inception, Goldman, Sachs & Co., as agent, has repurchased 4,090,138 shares of the Company’s common stock pursuant to the 2022 Stock Repurchase Plan for approximately $50.0 million. For the period ended June 30, 2023, repurchases under the 2022 Repurchase Program was as follows:

Period ($ in millions, except share and per share amounts)	Total Number of Shares Repurchased	Average Price Paid per Share		Approximate Dollar Value of Shares that have been Purchased Under the Plans		Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plan
January 1, 2023 - January 31, 2023	1,493,034	$	12.19	$	18.2	$	115.9
February 1, 2023 - February 28, 2023	29,154	$	12.98	$	0.4	$	115.5
March 1, 2023 - March 31, 2023	278,419	$	12.61	$	3.5	$	112.0
April 1, 2023 - April 30, 2023	687,545	$	12.65	$	8.7	$	103.3
May 1, 2023 - May 31, 2023	190,355	$	12.53	$	2.4	$	100.9
June 1, 2023 - June 30, 2023	65,305	$	13.50	$	0.9	$	100.0
Total	2,743,812			$	34.1

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Earnings Per Share

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

The following table presents the computation of basic and diluted earnings per common share for the following periods:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
($ in thousands, except per share amounts)	2023		2022		2023		2022
Increase (decrease) in net assets resulting from operations	$	195,562	$	(34,946)	$	397,405	$	9,039
Weighted average shares of common stock outstanding—basic and diluted	389,930,979		394,184,560		390,487,912		394,246,724
Earnings per common share-basic and diluted	$	0.50	$	(0.09)	$	1.02	$	0.02

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Income Taxes

6 Months Ended

Jun. 30, 2023

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

The Company has elected to be treated as a RIC under Subchapter M of the Code, and intends to operate in a manner so as to continue to qualify for the tax treatment applicable to RICs. To qualify for tax treatment as a RIC, the Company must, among other things, distribute to its shareholders in each taxable year generally at least 90% of the Company’s investment company taxable income, as defined by the Code, and net tax-exempt income for that taxable year. In addition, a RIC may, in certain cases, satisfy this distribution requirement by distributing dividends relating to a taxable year after the close of such taxable year under the “spillover dividend” provisions of Subchapter M. To maintain tax treatment as a RIC, the Company, among other things, intends to make the requisite distributions to its shareholders, which generally relieves the Company from corporate-level U.S. federal income taxes.

Depending on the level of taxable income earned in a tax year, the Company can be expected to carry forward taxable income (including net capital gains, if any) in excess of current year dividend distributions from the current tax year into the next tax year and pay a nondeductible 4% U.S. federal excise tax on such taxable income, as required. To the extent that the Company determines that its estimated current year annual taxable income will be in excess of estimated current year dividend distributions from such income, the Company will accrue excise tax on estimated excess taxable income.

For the three and six months ended June 30, 2023 we recorded U.S. federal income tax expense/(benefit) of $2.4 million and $5.8 million, respectively, including U.S. federal excise tax expense/(benefit) of $1.2 million and $2.7 million, respectively. For the three and six months ended June 30, 2022 we recorded U.S. federal income tax expense/(benefit) of $1.6 million and $2.4 million, respectively, including no U.S. federal excise tax expense/(benefit).

Taxable Subsidiaries

Certain of the Company’s consolidated subsidiaries are subject to U.S. federal and state income taxes. For the three and six months ended June 30, 2023, the Company recorded a current tax expense of $0.5 million and $1.0 million, respectively. For the three and six months ended June 30, 2022, the Company recorded a current tax expense of $0.6 million and $0.6 million, respectively. The income tax expense for the Company’s taxable consolidated subsidiaries will vary depending on the level of investment income earnings and realized gains from the exits of investments held by such taxable subsidiaries during the respective periods.

The Company recorded a net deferred tax liability of $20.8 million and $16.0 million as of June 30, 2023 and December 31, 2022, respectively, for taxable subsidiaries, which is significantly related to GAAP to tax outside basis differences in the taxable subsidiaries' investment in certain partnership interests.

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Financial Highlights

6 Months Ended

Jun. 30, 2023

Investment Company [Abstract]

Financial Highlights

Financial Highlights

The table below presents the financial highlights for a common share outstanding for the following periods:

	For the Six Months Ended June 30,
($ in thousands, except share and per share amounts)	2023			2022
Per share data:
Net asset value, beginning of period	$	14.99		$	15.08
Net investment income(1)	0.93			0.63
Net realized and unrealized gain (loss)	0.09			(0.61)
Total from operations	1.02			0.02
Repurchase of common shares(2)	0.01			—
Distributions declared from earnings(2)	(0.76)			(0.62)
Total increase (decrease) in net assets	0.27			(0.60)
Net asset value, end of period	$	15.26		$	14.48
Shares outstanding, end of period	389,732,875			393,823,013
Per share market value at end of period	$	13.42		$	12.33
Total Return, based on market value(3)	23.1		%	(8.7)		%
Total Return, based on net asset value(4)	7.5		%	0.4		%
Ratios / Supplemental Data(5)
Ratio of total expenses to average net assets(6)	13.8		%	9.9		%
Ratio of net investment income to average net assets(6)	12.3		%	8.5		%
Net assets, end of period	$	5,948,964		$	5,704,446
Weighted-average shares outstanding	390,487,912			394,246,724
Portfolio turnover rate	1.9		%	7.6		%

_______________

(1)The per share data was derived using the weighted average shares outstanding during the period.

(2)The per share data was derived using actual shares outstanding at the date of the relevant transaction.

(3)Total return based on market value is calculated as the change in market value per share during the respective periods, taking into account dividends and distributions, if any, reinvested in accordance with the Company’s dividend reinvestment plan.

(4)Total return is calculated as the change in net asset value (“NAV”) per share during the period, plus distributions per share (assuming dividends and distributions, if any, are reinvested in accordance with the Company’s dividend reinvestment plan), if any, divided by the beginning NAV per share.

(5)Does not include expenses of investment companies in which the Company invests.

(6)The ratios reflect annualized amounts, except in the case of non-recurring expenses (e.g. initial organization expenses).

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Subsequent Events

6 Months Ended

Jun. 30, 2023

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

In preparing these financial statements, the Company has evaluated events and transactions for potential recognition or disclosure through the date of issuance. There are no subsequent events to disclose except for the following:

Blue Owl Capital Corporation was formerly known as “Owl Rock Capital Corporation.” On June 22, 2023, the Company filed Articles of Amendment in the state of Maryland to formally change the Company’s name to “Blue Owl Capital Corporation.” The Company’s new name took effect on July 6, 2023 and the Company's ticker symbol on the New York Stock Exchange changed to “OBDC.”

On July 18, 2023, Owl Rock CLO II, LLC entered into a second supplemental indenture to the CLO II Indenture, which made certain benchmark conforming changes to facilitate the transition of the reference rate applicable to the securities issued under the CLO II Indenture from LIBOR to term SOFR plus a spread adjustment.

On July 18, 2023, Owl Rock CLO III, LLC entered into a second supplemental indenture to the CLO III Indenture, which made certain benchmark conforming changes to facilitate the transition of the reference rate applicable to the securities issued under the CLO II Indenture from LIBOR to term SOFR plus a spread adjustment.

On July 18, 2023, Owl Rock CLO IV, LLC entered into a second supplemental indenture to the CLO IV Indenture, which made certain benchmark conforming changes to facilitate the transition of the reference rate applicable to the securities issued under the CLO IV Indenture from LIBOR to term SOFR plus a spread adjustment.

On July 18, 2023, Owl Rock CLO VI, LLC entered into a supplemental indenture to the CLO VI Indenture, which made certain benchmark conforming changes to facilitate the transition of the reference rate applicable to the securities issued under the CLO VI Indenture from LIBOR to term SOFR plus a spread adjustment.

On August 8, 2023, the Board declared a third quarter dividend of $0.33 per share for stockholders of record as of September 29, 2023, payable on or before October 13, 2023 and a second quarter supplemental of $0.07 per share for stockholders of record as of August 31, 2023, payable on or before September 15, 2023.

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Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net Increase (Decrease) in Net Assets Resulting from Operations	$ 195,562	$ (34,946)	$ 397,405	$ 9,039

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Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

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N-2 - USD ($)
$ / shares in Units, $ in Millions

6 Months Ended

12 Months Ended

Jun. 30, 2023

Dec. 31, 2021

Dec. 31, 2020

Dec. 31, 2019

Dec. 31, 2022

Jun. 30, 2022

Dec. 31, 2018

Dec. 31, 2017

Dec. 31, 2016

Cover [Abstract]

Entity Central Index Key

0001655888

Amendment Flag

false

Securities Act File Number

814-01190

Document Type

10-Q

Entity Registrant Name

BLUE OWL CAPITAL CORP

Entity Address, Address Line One

399 Park Avenue

Entity Address, City or Town

New York

Entity Address, State or Province

NY

Entity Address, Postal Zip Code

10022

City Area Code

212

Local Phone Number

419-3000

Entity Emerging Growth Company

false

Financial Highlights [Abstract]

Senior Securities [Table Text Block]

Information about our senior securities is shown in the following table as of June 30, 2023 and the fiscal years ended December 31, 2022, 2021, 2020, 2019, 2018, 2017 and 2016.

Class and Period	Total Amount Outstanding Exclusive of Treasury Securities(1) ($ in millions)		Asset Coverage per Unit(2)		Involuntary Liquidating Preference per Unit(3)	Average Market Value per Unit(4)
Revolving Credit Facility
June 30, 2023 (unaudited)	$	390.2	$	1,825	—	N/A
December 31, 2022	$	557.1	$	1,788	—	N/A
December 31, 2021	$	892.3	$	1,820	—	N/A
December 31, 2020	$	252.5	$	2,060	—	N/A
December 31, 2019	$	480.9	$	2,926	—	N/A
December 31, 2018	$	308.6	$	2,254	—	N/A
December 31, 2017	$	—	$	2,580	—	N/A
SPV Asset Facility I(6)
December 31, 2020	$	—	$	—	—	N/A
December 31, 2019	$	300.0	$	2,926	—	N/A
December 31, 2018	$	400.0	$	2,254	—	N/A
December 31, 2017	$	400.0	$	2,580	—	N/A
SPV Asset Facility II
June 30, 2023 (unaudited)	$	140.0	$	1,825	—	N/A
December 31, 2022	$	250.0	$	1,788	—	N/A
December 31, 2021	$	100.0	$	1,820	—	N/A
December 31, 2020	$	100.0	$	2,060	—	N/A
December 31, 2019	$	350.0	$	2,926	—	N/A
December 31, 2018	$	550.0	$	2,254	—	N/A
SPV Asset Facility III(9)
December 31, 2022	$	250.0	$	1,788	—	N/A
December 31, 2021	$	190.0	$	1,820	—	N/A
December 31, 2020	$	375.0	$	2,060	—	N/A
December 31, 2019	$	255.0	$	2,926	—	N/A
December 31, 2018	$	300.0	$	2,254	—	N/A
SPV Asset Facility IV(8)
December 31, 2022	$	—	$	1,788	—	N/A
December 31, 2021	$	155.0	$	1,820	—	N/A
December 31, 2020	$	295.0	$	2,060	—	N/A
December 31, 2019	$	60.3	$	2,926	—	N/A
CLO I
June 30, 2023 (unaudited)	$	390.0	$	1,825	—	N/A
December 31, 2022	$	390.0	$	1,788	—	N/A
December 31, 2021	$	390.0	$	1,820	—	N/A
December 31, 2020	$	390.0	$	2,060	—	N/A
December 31, 2019	$	390.0	$	2,926	—	N/A
CLO II
June 30, 2023 (unaudited)	$	260.0	$	1,825	—	N/A
December 31, 2022	$	260.0	$	1,788	—	N/A
December 31, 2021	$	260.0	$	1,820	—	N/A
December 31, 2020	$	260.0	$	2,060	—	N/A
December 31, 2019	$	260.0	$	2,926	—	N/A
CLO III
June 30, 2023 (unaudited)	$	260.0	$	1,825	—	N/A
December 31, 2022	$	260.0	$	1,788	—	N/A
December 31, 2021	$	260.0	$	1,820	—	N/A
December 31, 2020	$	260.0	$	2,060	—	N/A

Class and Period	Total Amount Outstanding Exclusive of Treasury Securities(1) ($ in millions)		Asset Coverage per Unit(2)		Involuntary Liquidating Preference per Unit(3)	Average Market Value per Unit(4)
CLO IV
June 30, 2023 (unaudited)	$	292.5	$	1,825	—	N/A
December 31, 2022	$	292.5	$	1,788	—	N/A
December 31, 2021	$	292.5	$	1,820	—	N/A
December 31, 2020	$	252.0	$	2,060	—	N/A
CLO V
June 30, 2023 (unaudited)	$	509.6	$	1,825	—	N/A
December 31, 2022	$	509.6	$	1,788	—	N/A
December 31, 2021	$	196.0	$	1,820	—	N/A
December 31, 2020	$	196.0	$	2,060	—	N/A
CLO VI
June 30, 2023 (unaudited)	$	260.0	$	1,825	—	N/A
December 31, 2022	$	260.0	$	1,788	—	N/A
December 31, 2021	$	260.0	$	1,820	—	N/A
CLO VII
June 30, 2023 (unaudited)	$	239.2	$	1,825	—	N/A
December 31, 2022	$	239.2	$	1,788	—	N/A
CLO X
June 30, 2023 (unaudited)	$	260.0	$	1,825	—	N/A
Subscription Credit Facility(5)
December 31, 2019	$	—	$	—	—	N/A
December 31, 2018	$	883.0	$	2,254	—	N/A
December 31, 2017	$	393.5	$	2,580	—	N/A
December 31, 2016	$	495.0	$	2,375	—	N/A
2023 Notes(7)
December 31, 2021	$	—	$	—	—	N/A
December 31, 2020	$	150.0	$	2,060	—	N/A
December 31, 2019	$	150.0	$	2,926	—	N/A
December 31, 2018	$	150.0	$	2,254	—	N/A
December 31, 2017	$	138.5	$	2,580	—	N/A
2024 Notes
June 30, 2023 (unaudited)	$	400.0	$	1,825	—	N/A
December 31, 2022	$	400.0	$	1,788	—	N/A
December 31, 2021	$	400.0	$	1,820	—	$	1,089.7
December 31, 2020	$	400.0	$	2,060	—	$	1,037.1
December 31, 2019	$	400.0	$	2,926	—	$	1,039.3
2025 Notes
June 30, 2023 (unaudited)	$	425.0	$	1,825	—	N/A
December 31, 2022	$	425.0	$	1,788	—	N/A
December 31, 2021	$	425.0	$	1,820	—	$	1,057.3
December 31, 2020	$	425.0	$	2,060	—	$	984.2
December 31, 2019	$	425.0	$	2,926	—	$	997.9
July 2025 Notes
June 30, 2023 (unaudited)	$	500.0	$	1,825	—	N/A
December 31, 2022	$	500.0	$	1,788	—	N/A
December 31, 2021	$	500.0	$	1,820	—	$	1,049.9
December 31, 2020	$	500.0	$	2,060	—	$	971.1
2026 Notes
June 30, 2023 (unaudited)	$	500.0	$	1,825	—	N/A
December 31, 2022	$	500.0	$	1,788	—	N/A
December 31, 2021	$	500.0	$	1,820	—	$	1,068.7
December 31, 2020	$	500.0	$	2,060	—	$	1,018.5

Class and Period	Total Amount Outstanding Exclusive of Treasury Securities(1) ($ in millions)		Asset Coverage per Unit(2)		Involuntary Liquidating Preference per Unit(3)	Average Market Value per Unit(4)
July 2026 Notes
June 30, 2023 (unaudited)	$	1,000.0	$	1,825	—	N/A
December 31, 2022	$	1,000.0	$	1,788	—	N/A
December 31, 2021	$	1,000.0	$	1,820	—	$	1,032.8
December 31, 2020	$	1,000.0	$	2,060	—	$	1,005.0
2027 Notes
June 30, 2023 (unaudited)	$	500.0	$	1,825	—	N/A
December 31, 2022	$	500.0	$	1,788	—	N/A
December 31, 2021	$	500.0	$	1,820	—	$	997.4
2028 Notes
June 30, 2023 (unaudited)	$	850.0	$	1,825	—	N/A
December 31, 2022	$	850.0	$	1,788	—	N/A
December 31, 2021	$	850.0	$	1,820	—	$	994.3

_______________

(1)Total amount of each class of senior securities outstanding at the end of the period presented.

(2)Asset coverage per unit is the ratio of the carrying value of our total assets, less all liabilities excluding indebtedness represented by senior securities in this table, to the aggregate amount of senior securities representing indebtedness. Asset coverage per unit is expressed in terms of dollar amounts per $1,000 of indebtedness and is calculated on a consolidated basis.

(3)The amount to which such class of senior security would be entitled upon our involuntary liquidation in preference to any security junior to it. The “—" in this column indicates information that the SEC expressly does not require to be disclosed for certain types of senior securities.

(4)Not applicable, except for with respect to the 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes as other senior securities are not registered for public trading on a stock exchange. The average market value per unit for each of the 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes is based on the average daily prices of such notes and is expressed per $1,000 of indebtedness.

(5)Facility was terminated in 2019.

(6)Facility was terminated in 2020.

(7)On November 23, 2021, we caused notice to be issued to the holders of the 2023 Notes regarding our exercise of the option to redeem in full all $150,000,000 in aggregate principal amount of the 2023 Notes at 100% of their principal amount, plus the accrued and unpaid interest thereon through, but excluding, the redemption date, December 23, 2021. On December 23, 2021, we redeemed in full all $150,000,000 in aggregate principal amount of the 2023 Notes at 100% of their principal amount, plus the accrued and unpaid interest thereon through, but excluding, December 23, 2021.

(8)Facility was terminated in 2022.

(9)Facility was termination in 2023.

General Description of Registrant [Abstract]

Investment Objectives and Practices [Text Block]

Our Investment Framework

We are a Maryland corporation organized primarily to originate and make loans to, and make debt and equity investments in, U.S. middle market companies. Our investment objective is to generate current income, and to a lesser extent, capital appreciation by targeting investment opportunities with favorable risk-adjusted returns. Since our Adviser and its affiliates began investment activities in April 2016 through June 30, 2023, our Adviser and its affiliates have originated $78.0 billion aggregate principal amount of investments, of which $74.4 billion of aggregate principal amount of investments prior to any subsequent exits or repayments, was retained by either us or a corporation or fund advised by our Adviser or its affiliates. We seek to participate in transactions sponsored by what we believe to be high-quality private equity and venture capital firms capable of providing both operational and financial resources. We seek to generate current income primarily in U.S. middle market companies, both sponsored and non-sponsored, through direct originations of senior secured loans or originations of unsecured loans, subordinated loans or mezzanine loans, broadly syndicated loans and, to a lesser extent, investments in equity and equity-related securities including warrants, preferred stock and similar forms of senior equity. Our equity investments are typically not control-oriented investments and we may structure such equity investments to include provisions protecting our rights as a minority-interest holder.

We define “middle market companies” generally to mean companies with earnings before interest expense, income tax expense, depreciation and amortization, or “EBITDA,” between $10 million and $250 million annually and/or annual revenue of $50 million to $2.5 billion at the time of investment, although we may on occasion invest in smaller or larger companies if an opportunity presents itself. We generally seek to invest in companies with a loan-to-value ratio of 50% or below.

We expect that generally our portfolio composition will be majority debt or income producing securities, which may include “covenant-lite” loans (as defined below), with a lesser allocation to equity or equity-linked opportunities, which we may hold directly or through special purpose vehicles. In addition, we may invest a portion of our portfolio in opportunistic investments and broadly syndicated loans, which will not be our primary focus, but will be intended to enhance returns to our shareholders and from time to time, we may evaluate and enter into strategic portfolio transactions which may result in additional portfolio companies which we are considered to control. These investments may include high-yield bonds and broadly-syndicated loans, including publicly traded debt instruments, which are typically originated and structured by banks on behalf of large corporate borrowers with employee counts, revenues, EBITDAs and enterprise values larger than those of middle market companies described above, and equity investments in portfolio companies that make senior secured loans or invest in broadly syndicated loans or structured products, such as life settlements and royalty interests. In addition, we generally do not intend to invest more than 20% of our total assets in companies whose principal place of business is outside the United States, although we do not generally intend to invest in companies whose principal place of business is in an emerging market. Our portfolio composition may fluctuate from time to time based on market conditions and interest rates.

Covenants are contractual restrictions that lenders place on companies to limit the corporate actions a company may pursue. Generally, the loans in which we expect to invest will have financial maintenance covenants, which are used to proactively address materially adverse changes in a portfolio company’s financial performance. However, to a lesser extent, we may invest in “covenant-lite” loans. We use the term “covenant-lite” to refer generally to loans that do not have a complete set of financial maintenance covenants. Generally, “covenant-lite” loans provide borrower companies more freedom to negatively impact lenders because their covenants are incurrence-based, which means they are only tested and can only be breached following an affirmative action of the borrower, rather than by a deterioration in the borrower’s financial condition. Accordingly, to the extent we invest in “covenant-lite” loans, we may have fewer rights against a borrower and may have a greater risk of loss on such investments as compared to investments in or exposure to loans with financial maintenance covenants.

We target portfolio companies where we can structure larger transactions. As of June 30, 2023, our average debt investment size in each of our portfolio companies was approximately $63.9 million based on fair value. As of June 30, 2023, our portfolio companies, excluding the investment in Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC) ("OBDC SLF") and certain investments that fall outside of our typical borrower profile and represent 81.7% of our total debt portfolio based on fair value, had weighted average annual revenue of $852 million, weighted average annual EBITDA of $186 million and an average interest coverage of 1.9x.

The companies in which we invest use our capital to support their growth, acquisitions, market or product expansion, refinancings and/or recapitalizations. The debt in which we invest typically is not rated by any rating agency, but if these instruments were rated, they would likely receive a rating of below investment grade (that is, below BBB- or Baa3), which is often referred to as “high yield” or “junk”.

A majority of our new investments are indexed to SOFR; however we have material contracts that are indexed to USD-LIBOR and are monitoring this activity, evaluating the related risks and our exposure, and adding alternative language to contracts, where necessary. Certain contracts have an orderly market transition already in process. However, it is not possible to predict the effect of any of these developments, and any future initiatives to regulate, reform or change the manner of administration of LIBOR could result in adverse consequences to the rate of interest payable and receivable on, market value of and market liquidity for LIBOR-based financial instruments.

NAV Per Share

$ 15.26

$ 15.08

$ 14.99

$ 14.48

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt [Table Text Block]

Credit Facilities

Our credit facilities contain customary covenants, including certain limitations on the incurrence by us of additional indebtedness and on our ability to make distributions to our shareholders, or redeem, repurchase or retire shares of stock, upon the occurrence of certain events, and customary events of default (with customary cure and notice provisions).

Revolving Credit Facility

On August 26, 2022, we entered into an Amended and Restated Senior Secured Revolving Credit Agreement (the “Revolving Credit Facility”), which amends and restates in its entirety that certain Senior Secured Revolving Credit Agreement, dated as of February 1, 2017 (as amended, restated, supplemented or otherwise modified prior to August 26, 2022). The parties to the Revolving Credit Facility include us, as Borrower, the lenders from time to time parties thereto (each a “Revolving Credit Lender” and collectively, the “Revolving Credit Lenders”) and Truist Bank, as Administrative Agent.

The Revolving Credit Facility is guaranteed by certain domestic subsidiaries of ours in existence as of the closing date of the Revolving Credit Facility, and will be guaranteed by certain domestic subsidiaries of ours that are formed or acquired by us in the future (collectively, the “Guarantors”). Proceeds of the Revolving Credit Facility may be used for general corporate purposes, including the funding of portfolio investments.

The maximum principal amount of the Revolving Credit Facility is $1.8 billion (decreased from $1.86 billion on April 4, 2023), subject to availability under the borrowing base, which is based on the our portfolio investments and other outstanding indebtedness. Maximum capacity under the Revolving Credit Facility may be increased to $2.8 billion through our exercise of an uncommitted accordion feature through which existing and new lenders may, at their option, agree to provide additional financing. The Revolving Credit Facility includes a $200 million limit for swingline loans and is secured by a perfected first-priority interest in substantially all of the portfolio investments held by us and each Guarantor, subject to certain exceptions.

The availability period under the Revolving Credit Facility terminated on March 31, 2023, with respect to $60 million of commitments, and will terminate on September 3, 2024, with respect to $15 million of commitments (together, the "Non-Extending Commitments"), and on August 26, 2026, with respect to the remaining commitments (such remaining commitments, the "Extending Commitments") (together, the “Revolving Credit Facility Commitment Termination Date”). The Revolving Credit Facility will mature on April 2, 2024 with respect to $60 million of commitments, September 3, 2025, with respect to $15 million of commitments, and on August 26, 2027, with respect to the remaining commitments (together, the “Revolving Credit Facility Maturity Date”). During the period from the earliest Revolving Credit Facility Commitment Termination Date to the final Revolving Credit Facility Maturity Date, we will be obligated to make mandatory prepayments under the Revolving Credit Facility out of the proceeds of certain asset sales and other recovery events and equity and debt issuances.

We may borrow amounts in U.S. dollars or certain other permitted currencies. Amounts drawn under the Revolving Credit Facility with respect to the Extending Commitments in U.S. dollars will bear interest at either (i) term SOFR plus any applicable credit adjustment spread plus margin of either 1.875% per annum or, if the gross borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 1.75% per annum or (ii) the alternative base rate plus margin of either 0.875% per annum or, if the gross borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 0.75% per annum. Amounts drawn under the Revolving Credit Facility with respect to the Non-Extending Commitments in U.S. Dollars will bear interest at either (i) term SOFR plus any applicable credit adjustment spread plus margin of 2.00% per annum or (ii) the alternative base rate plus margin of 1.00% per annum. With respect to loans denominated in U.S. dollars, we may elect either term SOFR or the alternative base rate at the time of drawdown, and such loans may be converted from one rate to another at any time at our option, subject to certain conditions. Amounts drawn under the Revolving Credit Facility with respect to the Extending Commitments in other permitted currencies will bear interest at the relevant rate specified therein (including any applicable credit adjustment spread) plus margin of either 1.875% per annum or, if the gross borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 1.75% per annum. Amounts drawn under the Revolving Credit Facility with respect to the Non-Extending Commitments in other permitted currencies will bear interest at the relevant rate specified therein (including any applicable credit adjustment spread) plus margin of 2.00% per annum. We will also pay a fee of 0.375% on undrawn amounts under the Revolving Credit Facility.

The Revolving Credit Facility includes customary covenants, including certain limitations on the incurrence by us of additional indebtedness and on our ability to make distributions to our shareholders, or redeem, repurchase or retire shares of stock, upon the occurrence of certain events and certain financial covenants related to asset coverage and other maintenance covenants, as well as customary events of default. The Revolving Credit Facility requires a minimum asset coverage ratio with respect to the consolidated assets of us and our subsidiaries to senior securities that constitute indebtedness of no less than 1.50 to 1.00 at any time. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

SPV Asset Facilities

Certain of our wholly owned subsidiaries are parties to credit facilities (the “SPV Asset Facilities”). Pursuant to the SPV Asset Facilities, we sell and contribute certain investments to these wholly owned subsidiaries pursuant to sale and contribution agreements by and between us and the wholly owned subsidiaries. No gain or loss is recognized as a result of these contributions. Proceeds from the SPV Asset Facilities are used to finance the origination and acquisition of eligible assets by the wholly owned subsidiary, including the purchase of such assets from us. We retain a residual interest in assets contributed to or acquired to the wholly owned subsidiary through our ownership of the wholly owned subsidiary.

The SPV Asset Facilities are secured by a perfected first priority security interest in the assets of these wholly owned subsidiaries and on any payments received by such wholly owned subsidiaries in respect of those assets. Assets pledged to lenders under the SPV Asset Facilities will not be available to pay our debts.

The SPV Asset Facilities contain customary covenants, including certain limitations on the incurrence by us of additional indebtedness and on our ability to make distributions to our shareholders, or redeem, repurchase or retire shares of stock, upon the occurrence of certain events, and customary events of default (with customary cure and notice provisions).

SPV Asset Facility II

On May 22, 2018, our subsidiary, ORCC Financing II LLC (“ORCC Financing II”), a Delaware limited liability company and our subsidiary, entered into a Credit Agreement (as amended, the “SPV Asset Facility II”), with ORCC Financing II, as Borrower, the lenders from time to time parties thereto (the “SPV Asset Facility II Lenders”), Natixis, New York Branch, as Administrative Agent, State Street Bank and Trust Company, as Collateral Agent, and Cortland Capital Market Services LLC as Document Custodian. The parties to the SPV Asset Facility II have entered into various amendments, including to admit new lenders, increase or decrease the maximum principal amount available under the facility, extend the availability period and maturity date, change the interest rate and make various other changes. The following describes the terms of SPV Asset Facility II amended through April 17, 2023 (the “SPV Asset Facility II Eighth Amendment Date”).

From time to time, we sell and contribute certain investments to ORCC Financing II pursuant to a sale and contribution agreement by and between us and ORCC Financing II. No gain or loss will be recognized as a result of the contribution. Proceeds from the SPV Asset Facility II will be used to finance the origination and acquisition of eligible assets by ORCC Financing II, including the purchase of such assets. We retain a residual interest in assets contributed to or acquired by ORCC Financing II through our ownership of ORCC Financing II. The maximum principal amount of the SPV Asset Facility II as of the SPV Asset Facility II Eighth Amendment Date is $250 million (which consists of $250 million of revolving commitments); the availability of this amount is

subject to an overcollateralization ratio test, which is based on the value of ORCC Financing II’s assets from time to time, and satisfaction of certain conditions, including an interest coverage ratio test, certain concentration limits and collateral quality tests.

The SPV Asset Facility II provides for the ability to draw and redraw revolving loans under the SPV Asset Facility II through April 22, 2025, unless the revolving commitments are terminated sooner as provided in the SPV Asset Facility II (the “SPV Asset Facility II Commitment Termination Date”). Unless otherwise terminated, the SPV Asset Facility II will mature on April 17, 2033 (the "SPV Asset Facility II Stated Maturity”). Prior to the SPV Asset Facility II Stated Maturity, proceeds received by ORCC Financing II from principal and interest, dividends, or fees on assets must be used to pay fees, expenses and interest on outstanding borrowings, and the excess may be returned to us, subject to certain conditions. On the SPV Asset Facility II Stated Maturity, ORCC Financing II must pay in full all outstanding fees and expenses and all principal and interest on outstanding borrowings, and the excess may be returned to us.

With respect to revolving loans, amounts drawn bear interest at Term SOFR (or, in the case of certain lenders that are commercial paper conduits, the lower of their cost of funds and Term SOFR plus 0.40%) plus a spread of 2.75% during the period April 17, 2023, to the date on which the reinvestment period ends. From April 17, 2023 to the SPV Asset Facility II Commitment Termination Date, there is a commitment fee of 0.625% per annum on the undrawn amount, if any, of the revolving commitments in the SPV Asset Facility II. The SPV Asset Facility II contains customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing II, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Asset Facility II is secured by a perfected first priority security interest in the assets of ORCC Financing II and on any payments received by ORCC Financing II in respect of those assets. Assets pledged to the SPV Asset Facility II Lenders will not be available to pay our debts. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

SPV Asset Facility III

On December 14, 2018 (the “SPV Asset Facility III Closing Date”), ORCC Financing III LLC (“ORCC Financing III”), a Delaware limited liability company and our subsidiary, entered into a Loan Financing and Servicing Agreement (the “SPV Asset Facility III”), with ORCC Financing III, as borrower, us, as equity holder and services provider, the lenders from time to time parties thereto (the “SPV Asset Facility III Lenders”), Deutsche Bank AG, New York Branch, as Facility Agent, State Street Bank and Trust Company, as Collateral Agent and Cortland Capital Market Services LLC, as Collateral Custodian. The parties to the SPV Asset Facility III entered into various amendments, including those relating to the undrawn fee and make-whole fee and definition of “Change of Control.” The following describes the terms of SPV Asset Facility III as of its termination on March 9, 2023 (the “SPV Asset Facility III Termination Date”).

From time to time, we sold and contributed certain loan assets to ORCC Financing III pursuant to a Sale and Contribution Agreement by and between us and ORCC Financing III. No gain or loss was recognized as a result of the contribution. Proceeds from the SPV Asset Facility III were used to finance the origination and acquisition of eligible assets by ORCC Financing III, including the purchase of such assets from us. We retained a residual interest in assets contributed to or acquired by ORCC Financing III through our ownership of ORCC Financing III. The maximum principal amount of the SPV Asset Facility III was $250 million; the availability of this amount was subject to a borrowing base test, which was based on the value of ORCC Financing III’s assets from time to time, and satisfaction of certain conditions, including interest spread and weighted average coupon tests, certain concentration limits and collateral quality tests.

The SPV Asset Facility III provided for the ability to borrow, reborrow, repay and prepay advances under the SPV Asset Facility III until June 14, 2023 unless such period was extended or accelerated under the terms of the SPV Asset Facility III (the “SPV Asset Facility III Revolving Period”). Prior to the SPV Asset Facility III Termination Date, proceeds received by ORCC Financing III from principal and interest, dividends, or fees on assets were required to be used to pay fees, expenses and interest on outstanding advances, and the excess returned to us, subject to certain conditions. On the SPV Asset Facility III Termination Date, ORCC Financing III repaid in full all outstanding fees and expenses and all principal and interest on outstanding advances.

Amounts drawn bore interest at term SOFR (or, in the case of certain SPV Asset Facility III Lenders that are commercial paper conduits, the lower of (a) their cost of funds and (b) term SOFR, such term SOFR not to be lower than zero) plus a spread equal to 2.20% per annum, which spread would have increased (a) on and after the end of the SPV Asset Facility III Revolving Period by 0.15% per annum if no event of default had occurred and (b) by 2.00% per annum upon the occurrence of an event of default (such spread, the “Applicable Margin”). Term SOFR may have been replaced as a base rate under certain circumstances. We predominantly borrowed utilizing SOFR rate loans, generally electing one-month SOFR upon borrowing. During the SPV Asset Facility III Revolving Period, ORCC Financing III paid an undrawn fee ranging from 0.25% to 0.50% per annum on the undrawn amount, if any, of the revolving commitments in the SPV Asset Facility III. During the SPV Asset Facility III Revolving Period, if the undrawn commitments were in excess of a certain portion (initially 20% and increasing in stages to 75%) of the total commitments under the SPV Asset Facility III, ORCC Financing III would also have paid a make-whole fee equal to the Applicable Margin multiplied by such excess undrawn commitment amount, reduced by the undrawn fee payable on such excess. The SPV Asset Facility III contained customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing III, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Asset Facility III was secured by a perfected first priority security interest in the assets of ORCC Financing III and on any payments received by ORCC

Financing III in respect of those assets. Assets pledged to the SPV Asset Facility III Lenders were not available to pay our debts. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

SPV Asset Facility IV

On August 2, 2019 (the “SPV Asset Facility IV Closing Date”), ORCC Financing IV LLC (“ORCC Financing IV”), a Delaware limited liability company and our newly formed subsidiary, entered into a Credit Agreement (the “SPV Asset Facility IV”), with ORCC Financing IV, as borrower, Société Générale, as initial Lender and as Administrative Agent, State Street Bank and Trust Company, as Collateral Agent, Collateral Administrator and Custodian, and Cortland Capital Market Services LLC as Document Custodian and the lenders from time to time party thereto pursuant to Assignment and Assumption Agreements (the “SPV Asset Facility IV Lenders”).

On March 11, 2022 (the “SPV Asset Facility IV Amendment Date”), the parties to the SPV Asset Facility IV amended the SPV Asset Facility IV to extend the reinvestment period from April 1, 2022 until October 3, 2022 and the stated maturity from April 1, 2030 to October 1, 2030. The amendment also changed the applicable interest rate from LIBOR plus an applicable margin of 2.15% during the reinvestment period and LIBOR plus an applicable margin of 2.40% after the reinvestment period to term SOFR plus an applicable margin of 2.30% during the reinvestment period and term SOFR plus an applicable margin of 2.55% after the reinvestment period.

From time to time, we sold and contributed certain investments to ORCC Financing IV pursuant to a Sale and Contribution Agreement by and between us and ORCC Financing IV. The SPV Asset Facility IV was terminated on October 3, 2022 (the “SPV Asset Facility IV Termination Date”). No gain or loss was recognized as a result of the contribution. Proceeds from the SPV Asset Facility IV were used to finance the origination and acquisition of eligible assets by ORCC Financing IV, including the purchase of such assets from us. We retained a residual interest in assets contributed to or acquired by ORCC Financing IV through our ownership of ORCC Financing IV. The maximum principal amount of the SPV Asset Facility IV was $250 million; the availability of this amount was subject to an overcollateralization ratio test, which was based on the value of ORCC Financing IV’s assets from time to time, and satisfaction of certain conditions, including an interest coverage ratio test, certain concentration limits and collateral quality tests.

The SPV Asset Facility IV provided for the ability to (1) draw term loans and (2) draw and redraw revolving loans under the SPV Asset Facility IV until the last day of the reinvestment period unless the revolving commitments are terminated or converted to term loans sooner as provided in the SPV Asset Facility IV (the “SPV Asset Facility IV Commitment Termination Date”). Prior to the SPV Asset Facility IV Termination Date, proceeds received by ORCC Financing IV from principal and interest, dividends, or fees on assets were required to be used to pay fees, expenses and interest on outstanding borrowings, and the excess may be returned to us, subject to certain conditions. On the SPV Asset Facility IV Termination Date, ORCC Financing IV repaid in full all outstanding fees and expenses and all principal and interest on outstanding borrowings.

From the SPV Asset Facility IV Closing Date to the SPV Asset Facility IV Termination Date, there was a commitment fee ranging from 0.50% to 0.75% per annum on the undrawn amount, if any, of the revolving commitments in the SPV Asset Facility IV. The SPV Asset Facility IV contained customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing IV, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Asset Facility IV was secured by a perfected first priority security interest in the assets of ORCC Financing IV and on any payments received by ORCC Financing IV in respect of those assets. Assets pledged to the SPV Asset Facility IV Lenders were not available to pay our debts. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLOs

CLO I

On May 28, 2019 (the “CLO I Closing Date”), we completed a $596 million term debt securitization transaction (the “CLO I Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO I Transaction and the secured loan borrowed in the CLO I Transaction were issued and incurred, as applicable, by our consolidated subsidiaries Owl Rock CLO I, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO I Issuer”), and Owl Rock CLO I, LLC, a Delaware limited liability company (the “CLO I Co-Issuer” and together with the CLO I Issuer, the “CLO I Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO I Issuer. The following describes the terms of the CLO I Transaction as amended through June 28, 2023 (the “CLO I Indenture Amendment Date”).

In the CLO I Transaction the CLO I Issuers (A) issued the following notes pursuant to an indenture and security agreement dated as of the CLO I Closing Date (as amended by the supplemental indenture dated as of the CLO I Indenture Amendment Date by and among the CLO I Issuer, the CLO I Co-Issuer and State Street Bank and Trust Company, the “CLO I Indenture”), by and among the CLO I Issuers and State Street Bank and Trust Company: (i) $242 million of AAA(sf) Class A Notes, which bear interest at term SOFR (plus a spread adjustment) plus 1.80%, (ii) $30 million of AAA(sf) Class A-F Notes, which bear interest at a fixed rate of 4.165%, and (iii) $68 million of AA(sf) Class B Notes, which bear interest at term SOFR (plus a spread adjustment) plus 2.70% (together, the “CLO I Notes”) and (B) borrowed $50 million under floating rate loans (the “Class A Loans” and together with the CLO

I Notes, the “CLO I Debt”), which bear interest at term SOFR (plus a spread adjustment) plus 1.80%, under a credit agreement (the “CLO I Credit Agreement”), dated as of the CLO I Closing Date, by and among the CLO I Issuers, as borrowers, various financial institutions, as lenders, and State Street Bank and Trust Company, as collateral trustee and loan agent. The Class A Loans may be exchanged by the lenders for Class A Notes at any time, subject to certain conditions under the CLO I Credit Agreement and the CLO I Indenture. The CLO I Debt is scheduled to mature on May 20, 2031. The CLO I Notes were privately placed by Natixis Securities Americas, LLC and SG Americas Securities, LLC.

Concurrently with the issuance of the CLO I Notes and the borrowing under the Class A Loans, the CLO I Issuer issued approximately $206.1 million of subordinated securities in the form of 206,106 preferred shares at an issue price of U.S.$1,000 per share (the “CLO I Preferred Shares”). The CLO I Preferred Shares were issued by the CLO I Issuer as part of its issued share capital and are not secured by the collateral securing the CLO I Debt. We own all of the CLO I Preferred Shares, and as such, these securities are eliminated in consolidation. We act as retention holder in connection with the CLO I Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO I Preferred Shares.

The Adviser serves as collateral manager for the CLO I Issuer under a collateral management agreement dated as of the CLO I Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO I Issuers’ equity or notes that we own.

The CLO I Debt is secured by all of the assets of the CLO I Issuer, which will consist primarily of middle market loans, participation interests in middle market loans, and related rights and the cash proceeds thereof. As part of the CLO I Transaction, we and ORCC Financing II LLC sold and contributed approximately $575 million par amount of middle market loans to the CLO I Issuer on the CLO I Closing Date. Such loans constituted the initial portfolio assets securing the CLO I Debt. We and ORCC Financing II LLC each made customary representations, warranties, and covenants to the CLO I Issuer regarding such sales and contributions under a loan sale agreement.

Through May 20, 2023, a portion of the proceeds received by the CLO I Issuer from the loans securing the CLO I Debt could be used by the CLO I Issuer to purchase additional middle market loans under the direction of the Adviser as the collateral manager for the CLO I Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO I Debt is the secured obligation of the CLO I Issuers, and the CLO I Indenture and the CLO I Credit Agreement include customary covenants and events of default. Assets pledged to holders of the CLO I Debt and the other secured parties under the CLO I Indenture will not be available to pay our debts.

The CLO I Notes were offered in reliance on Section 4(a)(2) of the Securities Act. The CLO I Notes have not been registered under the Securities Act or any state securities (e.g., “blue sky”) laws and, unless so registered, may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act as applicable. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO II Refinancing

On April 9, 2021 (the “CLO II Refinancing Date”), we completed a $398.1 million term debt securitization refinancing (the “CLO II Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO II Refinancing were issued by our consolidated subsidiaries Owl Rock CLO II, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO II Issuer”), and Owl Rock CLO II, LLC, a Delaware limited liability company (the “CLO II Co-Issuer” and together with the CLO II Issuer, the “CLO II Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO II Issuer.

The CLO II Refinancing was executed by the issuance of the following classes of notes pursuant to an indenture and security agreement dated as of December 12, 2019 (such date, the “CLO II Closing Date,” and such agreement, the “CLO II Indenture”), as supplemented by the supplemental indenture dated as of the CLO II Refinancing Date (the “CLO II Refinancing Indenture”), by and among the CLO II Issuers and State Street Bank and Trust Company: (i) $204 million of AAA(sf) Class A-LR Notes, which bear interest at three-month LIBOR plus 1.55%, (ii) $20 million of AAA(sf) Class A-FR Notes, which bear interest at a fixed rate of 2.48% and (iii) $36 million of AA(sf) Class B-R Notes, which bear interest at three-month LIBOR plus 1.90% (together, the “CLO II Refinancing Debt”). The CLO II Refinancing Debt is secured by the middle market loans, participation interests in middle market loans and other assets of the CLO II Issuer. The CLO II Refinancing Debt is scheduled to mature on April 20, 2033. The CLO II Refinancing Debt was privately placed by Deutsche Bank Securities Inc. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO II Refinancing Debt. The proceeds from the CLO II Refinancing were used to redeem in full the classes of notes issued on the CLO II Closing Date.

Concurrently with the issuance of the CLO II Refinancing Debt, the CLO II Issuer issued subordinated securities in the form of 1,500 additional preferred shares at an issue price of U.S.$1,000 per share (the “CLO II Refinancing Preferred Shares”) resulting in a total outstanding number of CLO II Preferred Shares of 138,100 ($138.1 million total issue price). The CLO II Refinancing Preferred Shares were issued by the CLO II Issuer as part of its issued share capital and are not secured by the collateral securing the CLO II Refinancing Debt. We purchased all of the CLO II Refinancing Preferred Shares. We act as retention holder in connection with the CLO II Refinancing for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO II Preferred Shares. The proceeds from the CLO II Refinancing Preferred Shares were used to pay certain expenses incurred in connection with the CLO II Refinancing.

Through April 20, 2025, a portion of the proceeds received by the CLO II Issuer from the loans securing the CLO II Refinancing Debt may be used by the CLO II Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO II Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO II Refinancing Debt is the secured obligation of the CLO II Issuers, and the CLO II Refinancing Indenture includes customary covenants and events of default. The CLO II Refinancing Debt has not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO II Issuer under a collateral management agreement dated as of the CLO II Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO II Issuers’ equity or notes that we own. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO III

On March 26, 2020 (the “CLO III Closing Date”), we completed a $395.31 million term debt securitization transaction (the “CLO III Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO III Transaction were issued by our consolidated subsidiaries Owl Rock CLO III, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO III Issuer”), and Owl Rock CLO III, LLC, a Delaware limited liability company (the “CLO III Co-Issuer” and together with the CLO III Issuer, the “CLO III Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO III Issuer.

The CLO III Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO III Closing Date (the “CLO III Indenture”), by and among the CLO III Issuers and State Street Bank and Trust Company: (i) $166 million of AAA(sf) Class A-1L Notes, which bear interest at three-month LIBOR plus 1.80%, (ii) $40 million of AAA(sf) Class A-1F Notes, which bear interest at a fixed rate of 2.75%, (iii) $20 million of AAA(sf) Class A-2 Notes, which bear interest at three-month LIBOR plus 2.00%, and (iv) $34 million of AA(sf) Class B Notes, which bear interest at three-month LIBOR plus 2.45% (together, the “CLO III Debt”). The CLO III Debt is scheduled to mature on April 20, 2032. The CLO III Debt was privately placed by SG Americas Securities, LLC. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO III Debt.

Concurrently with the issuance of the CLO III Debt, the CLO III Issuer issued approximately $135.3 million of subordinated securities in the form of 135,310 preferred shares at an issue price of U.S.$1,000 per share (the “CLO III Preferred Shares”). The CLO III Preferred Shares were issued by the CLO III Issuer as part of its issued share capital and are not secured by the collateral securing the CLO III Debt. We own all of the CLO III Preferred Shares, and as such, these securities are eliminated in consolidation. We act as retention holder in connection with the CLO III Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO III Preferred Shares.

The Adviser serves as collateral manager for the CLO III Issuer under a collateral management agreement dated as of the CLO III Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO III Issuers’ equity or notes that we own.

The CLO III Debt is secured by all of the assets of the CLO III Issuer, which will consist primarily of middle market loans, participation interests in middle market loans, and related rights and the cash proceeds thereof. As part of the CLO III Transaction, we and ORCC Financing IV LLC sold and contributed approximately $400 million par amount of middle market loans to the CLO III

Issuer on the CLO III Closing Date. Such loans constituted the initial portfolio assets securing the CLO III Debt. Us and ORCC Financing IV LLC each made customary representations, warranties, and covenants to the CLO III Issuer regarding such sales and contributions under a loan sale agreement.

Through April 20, 2024, a portion of the proceeds received by the CLO III Issuer from the loans securing the CLO III Debt may be used by the CLO III Issuer to purchase additional middle market loans under the direction of the Adviser as the collateral manager for the CLO III Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO III Debt is the secured obligation of the CLO III Issuers, and the CLO III Indenture includes customary covenants and events of default. Assets pledged to holders of the CLO III Debt and the other secured parties under the CLO III Indenture will not be available to pay our debts.

The CLO III Debt was offered in reliance on Section 4(a)(2) of the Securities Act. The CLO III Debt has not been registered under the Securities Act or any state securities laws (e.g., “blue sky”) and, unless so registered, may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act as applicable. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO IV Refinancing

On July 9, 2021 (the “CLO IV Refinancing Date”), we completed a $440.5 million term debt securitization refinancing (the “CLO IV Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO IV Refinancing were issued by our consolidated subsidiaries Owl Rock CLO IV, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO IV Issuer”), and Owl Rock CLO IV, LLC, a Delaware limited liability company (the “CLO IV Co-Issuer” and together with the CLO IV Issuer, the “CLO IV Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO IV Issuer.

The CLO IV Refinancing was executed by the issuance of the following classes of notes pursuant to an indenture and security agreement dated as of May 28, 2020 (such date, the “CLO IV Closing Date,” and such agreement, the “CLO IV Indenture”), as supplemented by the supplemental indenture dated as of the CLO IV Refinancing Date (the “CLO IV Refinancing Indenture”), by and among the CLO IV Issuers and State Street Bank and Trust Company: (i) $252 million of AAA(sf) Class A-1-R Notes, which bear interest at three-month LIBOR plus 1.60% and (ii) $40.5 million of AA(sf) Class A-2-R Notes, which bear interest at three-month LIBOR plus 1.90% (together, the “CLO IV Refinancing Secured Notes”). The CLO IV Refinancing Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the CLO IV Issuer. The CLO IV Refinancing Secured Notes are scheduled to mature on August 20, 2033. The CLO IV Refinancing Secured Notes were privately placed by Natixis Securities Americas LLC. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO IV Refinancing Secured Notes. The proceeds from the CLO IV Refinancing were used to redeem in full the classes of notes issued on the CLO IV Closing Date, to redeem a portion of the preferred shares of the CLO IV Issuer as described below and to pay expenses incurred in connection with the CLO IV Refinancing.

Concurrently with the issuance of the CLO IV Refinancing Secured Notes, the CLO IV Issuer redeemed 38,900 preferred shares we held (the “CLO IV Preferred Shares”) at a total redemption price of $38.9 million ($1,000 per preferred share). We retain the 148,000 CLO IV Preferred Shares that remain outstanding and that we acquired on the CLO IV Closing Date. The CLO IV Preferred Shares were issued by the CLO IV Issuer as part of its issued share capital and are not secured by the collateral securing the CLO IV Refinancing Secured Notes. We act as retention holder in connection with the CLO IV Refinancing for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the Preferred Shares.

Through August 20, 2025, a portion of the proceeds received by the CLO IV Issuer from the loans securing the CLO IV Refinancing Secured Notes may be used by the CLO IV Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO IV Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO IV Refinancing Secured Notes are the secured obligation of the CLO IV Issuers, and the CLO IV Refinancing Indenture includes customary covenants and events of default. The CLO IV Refinancing Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO IV Issuer under a collateral management agreement dated as of the CLO IV Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO IV Issuers’ equity or notes we own. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO V

On November 20, 2020 (the “CLO V Closing Date”), we completed a $345.45 million term debt securitization transaction (the “CLO V Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO V Transaction were issued by our consolidated subsidiaries Owl Rock CLO V, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO V Issuer”), and Owl Rock CLO V, LLC, a Delaware limited liability company (the “CLO V Co-Issuer” and together with the CLO V Issuer, the “CLO V Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO V Issuer.

The CLO V Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO V Closing Date (the “CLO V Indenture”), by and among the CLO V Issuers and State Street Bank and Trust Company: (i) $182 million of AAA(sf)/AAAsf Class A-1 Notes, which bear interest at three-month LIBOR plus 1.85% and (ii) $14 million of AAA(sf) Class A-2 Notes, which bear interest at three-month LIBOR plus 2.20% (together, the “CLO V Secured Notes”). The CLO V Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the CLO V Issuer. The CLO V Secured Notes are scheduled to mature on November 20, 2029. The CLO V Secured Notes were privately placed by Natixis Securities Americas LLC.

The CLO V Secured Notes were redeemed in the CLO V refinancing, described below.

Concurrently with the issuance of the CLO V Secured Notes, the CLO V Issuer issued approximately $149.45 million of subordinated securities in the form of 149,450 preferred shares at an issue price of U.S.$1,000 per share (the “CLO V Preferred Shares”). The CLO V Preferred Shares were issued by the CLO V Issuer as part of its issued share capital and are not secured by the collateral securing the CLO V Secured Notes. We own all of the outstanding CLO V Preferred Shares, and as such, these securities are eliminated in consolidation. We acted as retention holder in connection with the CLO V Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such was required to retain a portion of the CLO V Preferred Shares, while the CLO V Secured Notes were outstanding.

As part of the CLO V Transaction, we entered into a loan sale agreement with the CLO V Issuer dated as of the CLO V Closing Date, which provided for the sale and contribution of approximately $201.75 million par amount of middle market loans to the CLO V Issuer on the CLO V Closing Date and for future sales to the CLO V Issuer on an ongoing basis. Such loans constituted part of the initial portfolio of assets securing the CLO V Secured Notes. The remainder of the initial portfolio assets securing the CLO V Secured Notes consisted of approximately $84.74 million par amount of middle market loans purchased by the CLO V Issuer from ORCC Financing II LLC, our wholly-owned subsidiary, under an additional loan sale agreement executed on the CLO V Closing Date between the Issuer and ORCC Financing II LLC. We and ORCC Financing II LLC each made customary representations, warranties, and covenants to the Issuer under the applicable loan sale agreement.

Through July 20, 2022, a portion of the proceeds received by the CLO V Issuer from the loans securing the CLO V Secured Notes could be used by the CLO V Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO V Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO V Secured Notes were the secured obligation of the CLO V Issuers, and the CLO V Indenture includes customary covenants and events of default. The CLO V Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration. Assets pledged to the holders of the CLO IV Secured Notes were not available to pay the debts of the Company.

CLO V Refinancing

On April 20, 2022 (the “CLO V Refinancing Date”), we completed a $669.2 million term debt securitization refinancing (the “CLO V Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO V Refinancing were issued by the CLO V Co-Issuer, as Issuer (the “CLO V Refinancing Issuer”), and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO V Refinancing Issuer.

The CLO V Refinancing was executed by the issuance of the following classes of notes pursuant to the CLO V Indenture as supplemented by the supplemental indenture dated as of the CLO V Refinancing Date (the “CLO V Refinancing Indenture”), by and among the CLO V Refinancing Issuer and State Street Bank and Trust Company: (i) $354.4 million of AAA(sf) Class A-1R Notes, which bear interest at the Benchmark, as defined in the CLO V Refinancing Indenture, plus 1.78%, (ii) $30.4 million of AAA(sf) Class A-2R Notes, which bear interest at the Benchmark plus 1.95%, (iii) $49.0 million of AA(sf) Class B-1 Notes, which bear interest at the Benchmark plus 2.20%, (iv) $5.0 million of AA(sf) Class B-2 Notes, which bear interest at 4.25%, (v) $31.5 million of A(sf) Class C-1 Notes, which bear interest at the Benchmark plus 3.15% and (vi) $39.4 million of A(sf) Class C-2 Notes, which bear interest at 5.10% (together, the “CLO V Refinancing Secured Notes”). The CLO V Refinancing Secured Notes are secured by the

middle market loans, participation interests in middle market loans and other assets of the Issuer. The CLO V Refinancing Secured Notes are scheduled to mature on April 20, 2034. The CLO V Refinancing Secured Notes were privately placed by Natixis Securities Americas LLC. The proceeds from the CLO V Refinancing were used to redeem in full the classes of notes issued on the CLO V Closing Date and to pay expenses incurred in connection with the CLO V Refinancing.

Concurrently with the issuance of the CLO V Refinancing Secured Notes, the CLO V Issuer issued approximately $10.2 million of additional subordinated securities, for a total of $159.6 million of subordinated securities in the form of 159,620 preferred shares at an issue price of U.S.$1,000 per share. The CLO V Preferred Shares are not secured by the collateral securing the CLO V Refinancing Secured Notes. We act as retention holder in connection with the CLO V Refinancing for the purposes of satisfying certain U.S., European Union and United Kingdom regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO V Preferred Shares.

On the CLO V Closing Date, the CLO V Issuer entered into a loan sale agreement with us, which provided for the sale and contribution of approximately $201.8 million par amount of middle market loans from us to the CLO V Issuer on the CLO V Closing Date and for future sales from us to the CLO V Issuer on an ongoing basis. As part of the CLO V Refinancing, we and the CLO V Refinancing Issuer, as the successor to the CLO V Issuer, entered into an amended and restated loan sale agreement with us dated as of the CLO V Refinancing Date, pursuant to which the CLO V Refinancing Issuer assumed all ongoing obligations of the CLO V Issuer under the original agreement and we sold and contributed approximately $275.67 million par amount middle market loans to the CLO V Refinancing Issuer on the CLO V Refinancing Date and provides for future sales from us to the CLO V Refinancing Issuer on an ongoing basis. Such loans constituted part of the portfolio of assets securing the CLO V Refinancing Secured Notes. A portion of the of the portfolio assets securing the CLO V Refinancing Secured Notes consists of middle market loans purchased by the CLO V Issuer from ORCC Financing II LLC, a wholly-owned subsidiary of ours, under an additional loan sale agreement executed on the CLO V Closing Date between the CLO V Issuer and ORCC Financing II LLC and which the CLO V Refinancing Issuer and ORCC Financing II LLC amended and restated on the CLO V Refinancing Date in connection with the refinancing. We and ORCC Financing II LLC each made customary representations, warranties, and covenants to the CLO V Refinancing Issuer under the applicable loan sale agreement.

Through April 20, 2026, a portion of the proceeds received by the CLO V Issuer from the loans securing the CLO V Refinancing Secured Notes may be used by the Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO V Refinancing Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO V Refinancing Secured Notes are the secured obligation of the CLO V Refinancing Issuer, and the CLO V Refinancing Indenture includes customary covenants and events of default. The CLO V Refinancing Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO V Refinancing Issuer under an amended and restated collateral management agreement dated as of the CLO V Refinancing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO V Refinancing Issuer’s equity or notes owned by us. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO VI

On May 5, 2021 (the “CLO VI Closing Date”), we completed a $397.78 million term debt securitization transaction (the “CLO VI Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO VI Transaction were issued by our consolidated subsidiaries Owl Rock CLO VI, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO VI Issuer”), and Owl Rock CLO VI, LLC, a Delaware limited liability company (the “CLO VI Co-Issuer” and together with the CLO VI Issuer, the “CLO VI Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO VI Issuer.

The CLO VI Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO VI Closing Date (the “CLO VI Indenture”), by and among the CLO VI Issuers and State Street Bank and Trust Company: (i) $ 224 million of AAA(sf) Class A Notes, which bear interest at three-month LIBOR plus 1.45%, (ii) $26 million of AA(sf) Class B-1 Notes, which bear interest at three-month LIBOR plus 1.75% and (iii) $10 million of AA(sf) Class B-F Notes, which bear interest at a fixed rate of 2.83% (together, the “CLO VI Secured Notes”). The CLO VI Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the CLO VI Issuer. The CLO VI Secured Notes are scheduled to mature on June 21, 2032. The CLO VI Secured Notes are privately placed by SG Americas Securities, LLC. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO VI Secured Notes.

Concurrently with the issuance of the CLO VI Secured Notes, the CLO VI Issuer issued approximately $137.78 million of subordinated securities in the form of 137,775 preferred shares at an issue price of U.S.$1,000 per share (the “CLO VI Preferred Shares”). The CLO VI Preferred Shares were issued by the CLO VI Issuer as part of its issued share capital and are not secured by the collateral securing the CLO VI Secured Notes. We purchased all of the CLO VI Preferred Shares, and as such, these securities are eliminated in consolidation. We will act as retention holder in connection with the CLO VI Transaction for the purposes of satisfying certain U.S., United Kingdom and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO VI Preferred Shares.

As part of the CLO VI Transaction, we entered into a loan sale agreement with the CLO VI Issuer dated as of the CLO VI Closing Date, which provides for the sale and contribution of approximately $205.6 million par amount of middle market loans from us to the CLO VI Issuer on the CLO VI Closing Date and for future sales from us to the CLO VI Issuer on an ongoing basis. Such loans constitute part of the initial portfolio of assets securing the CLO VI Secured Notes. The remainder of the initial portfolio assets securing the CLO VI Secured Notes consists of approximately $164.7 million par amount of middle market loans purchased by the CLO VI Issuer from ORCC Financing IV LLC, our wholly-owned subsidiary of ours, under an additional loan sale agreement executed on the CLO VI Closing Date between the Issuer and ORCC Financing IV LLC. We and ORCC Financing IV LLC each made customary representations, warranties, and covenants to the CLO VI Issuer under the applicable loan sale agreement.

Through June 20, 2024, a portion of the proceeds received by the CLO VI Issuer from the loans securing the CLO VI Secured Notes may be used by the CLO VI Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO VI Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The Secured Notes are the secured obligation of the CLO VI Issuers, and the CLO VI Indenture includes customary covenants and events of default. The CLO VI Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO VI Issuer under a collateral management agreement dated as of the CLO VI Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO VI Issuers’ equity or notes that we own. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO VII

On July 26, 2022 (the “CLO VII Closing Date”), we completed a $350.47 million term debt securitization transaction (the “CLO VII Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO VII Transaction and the secured loan borrowed in the CLO VII Transaction were issued and incurred, as applicable, by the our consolidated subsidiary Owl Rock CLO VII, LLC, a limited liability organized under the laws of the State of Delaware (the “CLO VII Issuer”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO VII Issuer.

The CLO VII Transaction was executed by (A) the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO VII Closing Date (the “CLO VII Indenture”), by and among the CLO VII Issuer and State Street Bank and Trust Company: (i) $48 million of AAA(sf) Class A-1 Notes, which bear interest at three-month term SOFR plus 2.10%, (ii) $24 million of AAA(sf) Class A-2 Notes, which bear interest at 5.00%, (iii) $6 million of AA(sf) Class B-1 Notes, which bear interest at three-month term SOFR plus 2.85% and (iv) $26.15 million of AA(sf) Class B-2 Notes, which bear interest at 5.71% and (v) $10 million of A(sf) Class C Notes, which bear interest at 6.86% (together, the “CLO VII Secured Notes”) and (B) the borrowing by the CLO VII Issuer of $75 million under floating rate Class A-L1 loans (the “CLO VII Class A-L1 Loans”) and $50 million under floating rate Class A-L2 loans (the “CLO VII Class A-L2 Loans” and together with the CLO VII Class A-L1 Loans and the CLO VII Secured Notes, the “CLO VII Debt”). The CLO VII Class A-L1 Loans and the CLO VII Class A-L2 Loans bear interest at three-month term SOFR plus 2.10%. The CLO VII Class A-L1 Loans were borrowed under a credit agreement (the “CLO VII A-L1 Credit Agreement”), dated as of the CLO VII Closing Date, by and among the CLO VII Issuer, as borrower, various financial institutions, as lenders, and State Street Bank and Trust Company, as collateral trustee and loan agent and the CLO VII Class A-L2 Loans were borrowed under a credit agreement (the “CLO VII A-L2 Credit Agreement”), dated as of the CLO VII Closing Date, by and among the CLO VII Issuer, as borrower, various financial institutions, as lenders, and State Street Bank and Trust Company, as collateral trustee and loan agent. The CLO VII Debt is secured by middle market loans, participation interests in middle market loans and other assets of the CLO VII Issuer. The CLO VII Debt is scheduled to mature on July 20, 2033. The CLO VII Secured Notes were privately placed by SG Americas Securities, LLC as Initial Purchaser.

Concurrently with the issuance of the CLO VII Secured Notes and the borrowing under the CLO VII Class A-L1 Loans and CLO VII Class A-L2 Loans, the CLO VII Issuer issued approximately $111.32 million of subordinated securities in the form of 111,320 preferred shares at an issue price of U.S.$1,000 per share (the “CLO VII Preferred Shares”). The CLO VII Preferred Shares

were issued by the CLO VII Issuer as part of its issued share capital and are not secured by the collateral securing the CLO VII Debt. we purchased all of the CLO VII Preferred Shares. We act as retention holder in connection with the CLO VII Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO VII Preferred Shares.

As part of the CLO VII Transaction, we entered into a loan sale agreement with the CLO VII Issuer dated as of the CLO VII Closing Date, which provided for the sale and contribution of approximately $255.548 million par amount of middle market loans from us to the CLO VII Issuer on the CLO VII Closing Date and for future sales from us to the CLO VII Issuer on an ongoing basis. Such loans constituted part of the initial portfolio of assets securing the CLO VII Debt. The remainder of the initial portfolio assets securing the CLO VII Debt consisted of approximately $93.313 million par amount of middle market loans purchased by the CLO VII Issuer from ORCC Financing IV LLC, a wholly-owned subsidiary of ours, under an additional loan sale agreement executed on the CLO VII Closing Date between the CLO VII Issuer and ORCC Financing IV LLC. We and ORCC Financing IV LLC each made customary representations, warranties, and covenants to the CLO VII Issuer under the applicable loan sale agreement.

Through July 20, 2025, a portion of the proceeds received by the CLO VII Issuer from the loans securing the CLO VII Debt may be used by the CLO VII Issuer to purchase additional middle market loans under the direction of Blue Owl Credit Advisors LLC (“OCA”), our investment advisor, in its capacity as collateral manager for the CLO VII Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO VII Debt is the secured obligation of the CLO VII Issuer, and the CLO VII Indenture, the CLO VII A-L1 Credit Agreement and the CLO VII A-L2 Credit Agreement each include customary covenants and events of default. The CLO VII Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO VII Issuer under a collateral management agreement dated as of the CLO VII Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Amended and Restated Investment Advisory Agreement, between the Adviser and us will be offset by the amount of the collateral management fee attributable to the CLO VII Issuer’s equity or notes that we own. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO X

On March 9, 2023 (the “CLO X Closing Date”), we completed a $397.7 million term debt securitization transaction (the “CLO X Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO X Transaction were issued by our consolidated subsidiary Owl Rock CLO X, LLC, a limited liability organized under the laws of the State of Delaware (the “CLO X Issuer”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO X Issuer.

The CLO X Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO X Closing Date (the “CLO X Indenture”), by and among the CLO X Issuer and State Street Bank and Trust Company: (i) $228 million of AAA(sf) Class A Notes, which bear interest at three-month term SOFR plus 2.45% and (ii) $32 million of AA(sf) Class B Notes, which bear interest at three-month term SOFR plus 3.60% (together, the “CLO X Secured Notes”). The Secured Notes are secured by middle market loans, participation interests in middle market loans and other assets of the CLO X Issuer. The CLO X Secured Notes are scheduled to mature on April 20, 2035. The CLO X Secured Notes were privately placed by Deutsche Bank Securities Inc. as Initial Purchaser.

Concurrently with the issuance of the CLO X Secured Notes, the CLO X Issuer issued approximately $137.7 million of subordinated securities in the form of 137,700 preferred shares at an issue price of U.S. $1,000 per share (the “CLO X Preferred Shares”). The CLO X Preferred Shares were issued by the CLO X Issuer as part of its issued share capital and are not secured by the collateral securing the CLO X Secured Notes. We purchased all of the CLO X Preferred Shares. We act as retention holder in connection with the CLO X Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO X Preferred Shares.

As part of the CLO X Transaction, we entered into a loan sale agreement with the CLO X Issuer dated as of the CLO X Closing Date, which provided for the sale and contribution of approximately $245.9 million par amount of middle market loans from us to the CLO X Issuer on the CLO X Closing Date and for future sales from us to the CLO X Issuer on an ongoing basis. Such loans constituted part of the initial portfolio of assets securing the CLO X Secured Notes. The remainder of the initial portfolio assets securing the CLO X Secured Notes consisted of approximately $141.3 million par amount of middle market loans purchased by the CLO X Issuer from ORCC Financing III LLC, a wholly-owned subsidiary of ours, under an additional loan sale agreement executed

on the CLO X Closing Date between the CLO X Issuer and ORCC Financing III LLC. We and ORCC Financing III LLC each made customary representations, warranties, and covenants to the CLO X Issuer under the applicable loan sale agreement.

Through April 20, 2027, a portion of the proceeds received by the CLO X Issuer from the loans securing the CLO X Secured Notes may be used by the CLO X Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO X Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO X Secured Notes are the secured obligation of the CLO X Issuer, and the CLO X Indenture includes customary covenants and events of default. The CLO X Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO X Issuer under a collateral management agreement dated as of the CLO X Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Amended and Restated Investment Advisory Agreement, between the Adviser and us will be offset by the amount of the collateral management fee attributable to the CLO X Issuer’s equity or notes that we own. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.

Unsecured Notes

2023 Notes

On December 21, 2017, the Company entered into a Note Purchase Agreement governing the issuance of $150 million in aggregate principal amount of unsecured notes (the “2023 Notes”) to institutional investors in a private placement. The issuance of $138.5 million of the 2023 Notes occurred on December 21, 2017, and $11.5 million of the 2023 Notes were issued in January 2018. The 2023 Notes had a fixed interest rate of 4.75% and were due on June 21, 2023. Interest on the 2023 Notes was due and ranked semiannually. This interest rate was subject to increase (up to a maximum interest rate of 5.50%) in the event that, subject to certain exceptions, the 2023 Notes ceased to have an investment grade rating. The Company was obligated to offer to repay the 2023 Notes at par if certain change in control events occur. The 2023 Notes were general unsecured obligations of the Company and ranked pari passu with all outstanding and future unsecured unsubordinated indebtedness issued by the Company.

The Note Purchase Agreement for the 2023 Notes contained customary terms and conditions for unsecured notes issued in a private placement, including, without limitation, affirmative and negative covenants such as information reporting, maintenance of the Company’s status as a BDC within the meaning of the 1940 Act and a RIC under the Code, minimum shareholders equity, minimum asset coverage ratio and prohibitions on certain fundamental changes at the Company or any subsidiary guarantor, as well as customary events of default with customary cure and notice, including, without limitation, nonpayment, misrepresentation in a material respect, breach of covenant, cross-default under other indebtedness of the Company or certain significant subsidiaries, certain judgments and orders, and certain events of bankruptcy.

The 2023 Notes were offered in reliance on Section 4(a)(2) of the Securities Act.

In connection with the offering of the 2023 Notes, on December 21, 2017, the Company entered into a centrally cleared interest rate swap. The notional amount of the interest rate swap was $150 million. The Company received fixed rate interest semi-annually at 4.75% and paid variable rate interest monthly based on 1-month LIBOR plus 2.545%. The interest rate swap matured on December 21, 2021, and therefore, for the three months ended March 31, 2023 and 2022, the Company did not make any periodic payments. The interest expense related to the 2023 Notes is equally offset by the proceeds received from the interest rate swap. The swap adjusted interest expense is included as a component of interest expense on the Company’s Consolidated Statements of Operations. Depending on the nature of the balance at period end, the fair value of the interest rate swap is either included as a component of accrued expenses and other liabilities or prepaid expenses and other assets on the Company’s Consolidated Statements of Assets and Liabilities. The change in fair value of the interest rate swap is offset by the change in fair value of the 2023 Notes, with the remaining difference included as a component of interest expense on the Consolidated Statements of Operations.

On November 23, 2021, we caused notice to be issued to the holders of the 2023 Notes regarding our exercise of the option to redeem in full all $150 million in aggregate principal amount of the 2023 Notes at 100% of their principal amount, plus the accrued and unpaid interest thereon through, but excluding, the redemption date, December 23, 2021. On December 23, 2021, we redeemed in full all $150 million in aggregate principal amount of the 2023 Notes at 100% of their principal amount, plus the accrued and unpaid interest thereon through, but excluding, December 23, 2021.

2024 Notes

On April 10, 2019, we issued $400 million aggregate principal amount of notes that mature on April 15, 2024 (the “2024 Notes”). The 2024 Notes bear interest at a rate of 5.25% per year, payable semi-annually on April 15 and October 15 of each year, commencing on October 15, 2019. We may redeem some or all of the 2024 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2024 Notes to be redeemed or (2) the sum of the present values of

the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2024 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any 2024 Notes on or after March 15, 2024 (the date falling one month prior to the maturity date of the 2024 Notes), the redemption price for the 2024 Notes will be equal to 100% of the principal amount of the 2024 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

In connection with the issuance of the 2024 Notes, on April 10, 2019 we entered into centrally cleared interest rate swaps. The notional amount of the interest rate swaps is $400 million. We will receive fixed rate interest at 5.25% and pay variable rate interest based on one-month LIBOR plus 2.937%. The interest rate swaps mature on April 10, 2024. For the three and six months ended June 30, 2023, we made periodic payments of $9.5 million and $9.5 million, respectively. For the three and six months ended June 30, 2022, we made periodic payments of $4.3 million and $4.3 million, respectively. The interest expense related to the 2024 Notes is equally offset by the proceeds received from the interest rate swaps. The swap adjusted interest expense is included as a component of interest expense on our Consolidated Statements of Operations. As of June 30, 2023 and December 31, 2022, the interest rate swap had a fair value of $(9.9) million and $(13.1) million, respectively. Depending on the nature of the balance at period end, the fair value of the interest rate swap is either included as a component of accrued expenses and other liabilities or prepaid expenses and other assets on our Consolidated Statements of Assets and Liabilities. The change in fair value of the interest rate swap is offset by the change in fair value of the 2024 Notes, with the remaining difference included as a component of interest expense on the Consolidated Statements of Operations. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

2025 Notes

On October 8, 2019, we issued $425 million aggregate principal amount of notes that mature on March 30, 2025 (the “2025 Notes”). The 2025 Notes bear interest at a rate of 4.00% per year, payable semi-annually on March 30 and September 30 of each year, commencing on March 30, 2020. We may redeem some or all of the 2025 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2025 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2025 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 40 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any 2025 Notes on or after February 28, 2025 (the date falling one month prior to the maturity date of the 2025 Notes), the redemption price for the 2025 Notes will be equal to 100% of the principal amount of the 2025 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

July 2025 Notes

On January 22, 2020, we issued $500 million aggregate principal amount of notes that mature on July 22, 2025 (the “July 2025 Notes”). The July 2025 Notes bear interest at a rate of 3.75% per year, payable semi-annually on January 22 and July 22, of each year, commencing on July 22, 2020. We may redeem some or all of the July 2025 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the July 2025 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the July 2025 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 35 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any July 2025 Notes on or after June 22, 2025 (the date falling one month prior to the maturity date of the 2025 Notes), the redemption price for the July 2025 Notes will be equal to 100% of the principal amount of the July 2025 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

2026 Notes

On July 23, 2020, we issued $500 million aggregate principal amount of notes that mature on January 15, 2026 (the “2026 Notes”). The 2026 Notes bear interest at a rate of 4.25% per year, payable semi-annually on January 15 and July 15 of each year, commencing on January 15, 2021. We may redeem some or all of the 2026 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2026 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2026 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any 2026 Notes on or after December, 15 2025 (the date falling one month prior to the maturity date of the 2026 Notes), the redemption price for the 2026 Notes will be equal to 100% of the principal amount of the 2026 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

July 2026 Notes

On December 8, 2020, we issued $1.0 billion aggregate principal amount of notes that mature on July 15, 2026 (the “July 2026 Notes”). The July 2026 Notes bear interest at a rate of 3.40% per year, payable semi-annually on January 15 and July 15 of each year, commencing on July 15, 2021. We may redeem some or all of the July 2026 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the July 2026 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the July 2026 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any July 2026 Notes on or after June 15, 2026 (the date falling one month prior to the maturity date of the July 2026 Notes), the redemption price for the July 2026 Notes will be equal to 100% of the principal amount of the July 2026 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt."

2027 Notes

On April 26, 2021, we issued $500 million aggregate principal amount of notes that mature on January 15, 2027 (the “2027 Notes”). The 2027 Notes bear interest at a rate of 2.625% per year, payable semi-annually on January 15 and July 15, of each year, commencing on July 15, 2021. We may redeem some or all of the 2027 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2027 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2027 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 30 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any 2027 Notes on or after December 15, 2026 (the date falling one month prior to the maturity date of the 2027 Notes), the redemption price for the 2027 Notes will be equal to 100% of the principal amount of the 2027 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

In connection with the issuance of the 2027 Notes, on April 26, 2021 we entered into centrally cleared interest rate swaps. The notional amount of the interest rate swaps is $500 million. We will receive fixed rate interest at 2.625% and pay variable rate interest based on one-month LIBOR plus 1.655%. The interest rate swaps mature on January 15, 2027. For the three months ended June 30, 2023 the Company made no periodic payments and for the six months ended June 30, 2023 the Company made $5.9 million in periodic payments. For the three months ended June 30, 2022 the Company made no periodic payments and for the six months ended June 30, 2022 the Company made $2.0 million in periodic payments. The interest expense related to the 2027 Notes is equally offset by the proceeds received from the interest rate swaps. The swap adjusted interest expense is included as a component of interest expense on our Consolidated Statements of Operations. As of June 30, 2023 and December 31, 2022, the interest rate swap had a fair value of $(55.9) million and $(56.4) million, respectively. Depending on the nature of the balance at period end, the fair value of the interest rate swap is either included as a component of accrued expenses and other liabilities or prepaid expenses and other assets on our Consolidated Statements of Assets and Liabilities. The change in fair value of the interest rate swap is offset by the change in fair value of the 2027 Notes, with the remaining difference included as a component of interest expense on the Consolidated Statements of Operations. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

2028 Notes

On June 11, 2021, we issued $450 million aggregate principal amount of notes that mature on June 11, 2028 and on August 17, 2021, we issued an additional $400 million aggregate principal amount of our 2.875% notes due 2028 (together, the “2028 Notes”). The 2028 Notes bear interest at a rate of 2.875% per year, payable semi-annually on June 11 and December 11, of each year, commencing on December 11, 2021. We may redeem some or all of the 2028 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2028 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2028 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 30 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any 2028 Notes on or after April 11, 2028 (the date falling two months prior to the maturity date of the 2028 Notes), the redemption price for the 2028 Notes will be equal to 100% of the principal amount of the 2028 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

Two Thousand Twenty-Four Notes [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

2024 Notes

Two Thousand Twenty-Seven Notes [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

2027 Notes

Senior Secured Revolving Credit Facility [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 390.2

$ 892.3

$ 252.5

$ 480.9

$ 557.1

$ 308.6

$ 0.0

Senior Securities Coverage per Unit

$ 1,825

$ 1,820

$ 2,060

$ 2,926

$ 1,788

$ 2,254

$ 2,580

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

Revolving Credit Facility

Long Term Debt, Dividends and Covenants [Text Block]

The Revolving Credit Facility includes customary covenants, including certain limitations on the incurrence by us of additional indebtedness and on our ability to make distributions to our shareholders, or redeem, repurchase or retire shares of stock, upon the occurrence of certain events and certain financial covenants related to asset coverage and other maintenance covenants, as well as customary events of default. The Revolving Credit Facility requires a minimum asset coverage ratio with respect to the consolidated assets of us and our subsidiaries to senior securities that constitute indebtedness of no less than 1.50 to 1.00 at any time. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

SPV Asset Facility II [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 140.0

$ 100.0

$ 100.0

$ 350.0

$ 250.0

$ 550.0

Senior Securities Coverage per Unit

$ 1,825

$ 1,820

$ 2,060

$ 2,926

$ 1,788

$ 2,254

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

SPV Asset Facility II

Long Term Debt, Structuring [Text Block]

SPV Asset Facility II

On May 22, 2018, our subsidiary, ORCC Financing II LLC (“ORCC Financing II”), a Delaware limited liability company and our subsidiary, entered into a Credit Agreement (as amended, the “SPV Asset Facility II”), with ORCC Financing II, as Borrower, the lenders from time to time parties thereto (the “SPV Asset Facility II Lenders”), Natixis, New York Branch, as Administrative Agent, State Street Bank and Trust Company, as Collateral Agent, and Cortland Capital Market Services LLC as Document Custodian. The parties to the SPV Asset Facility II have entered into various amendments, including to admit new lenders, increase or decrease the maximum principal amount available under the facility, extend the availability period and maturity date, change the interest rate and make various other changes. The following describes the terms of SPV Asset Facility II amended through April 17, 2023 (the “SPV Asset Facility II Eighth Amendment Date”).

From time to time, we sell and contribute certain investments to ORCC Financing II pursuant to a sale and contribution agreement by and between us and ORCC Financing II. No gain or loss will be recognized as a result of the contribution. Proceeds from the SPV Asset Facility II will be used to finance the origination and acquisition of eligible assets by ORCC Financing II, including the purchase of such assets. We retain a residual interest in assets contributed to or acquired by ORCC Financing II through our ownership of ORCC Financing II. The maximum principal amount of the SPV Asset Facility II as of the SPV Asset Facility II Eighth Amendment Date is $250 million (which consists of $250 million of revolving commitments); the availability of this amount is

subject to an overcollateralization ratio test, which is based on the value of ORCC Financing II’s assets from time to time, and satisfaction of certain conditions, including an interest coverage ratio test, certain concentration limits and collateral quality tests.

The SPV Asset Facility II provides for the ability to draw and redraw revolving loans under the SPV Asset Facility II through April 22, 2025, unless the revolving commitments are terminated sooner as provided in the SPV Asset Facility II (the “SPV Asset Facility II Commitment Termination Date”). Unless otherwise terminated, the SPV Asset Facility II will mature on April 17, 2033 (the "SPV Asset Facility II Stated Maturity”). Prior to the SPV Asset Facility II Stated Maturity, proceeds received by ORCC Financing II from principal and interest, dividends, or fees on assets must be used to pay fees, expenses and interest on outstanding borrowings, and the excess may be returned to us, subject to certain conditions. On the SPV Asset Facility II Stated Maturity, ORCC Financing II must pay in full all outstanding fees and expenses and all principal and interest on outstanding borrowings, and the excess may be returned to us.

With respect to revolving loans, amounts drawn bear interest at Term SOFR (or, in the case of certain lenders that are commercial paper conduits, the lower of their cost of funds and Term SOFR plus 0.40%) plus a spread of 2.75% during the period April 17, 2023, to the date on which the reinvestment period ends. From April 17, 2023 to the SPV Asset Facility II Commitment Termination Date, there is a commitment fee of 0.625% per annum on the undrawn amount, if any, of the revolving commitments in the SPV Asset Facility II. The SPV Asset Facility II contains customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing II, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Asset Facility II is secured by a perfected first priority security interest in the assets of ORCC Financing II and on any payments received by ORCC Financing II in respect of those assets. Assets pledged to the SPV Asset Facility II Lenders will not be available to pay our debts. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

Long Term Debt, Dividends and Covenants [Text Block]

The SPV Asset Facility II contains customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing II, including limitations on incurrence of incremental indebtedness, and customary events of default.

SPV Asset Facility III [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 190.0

$ 375.0

$ 255.0

$ 250.0

$ 300.0

Senior Securities Coverage per Unit

$ 1,820

$ 2,060

$ 2,926

$ 1,788

$ 2,254

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

SPV Asset Facility III

Long Term Debt, Structuring [Text Block]

SPV Asset Facility III

On December 14, 2018 (the “SPV Asset Facility III Closing Date”), ORCC Financing III LLC (“ORCC Financing III”), a Delaware limited liability company and our subsidiary, entered into a Loan Financing and Servicing Agreement (the “SPV Asset Facility III”), with ORCC Financing III, as borrower, us, as equity holder and services provider, the lenders from time to time parties thereto (the “SPV Asset Facility III Lenders”), Deutsche Bank AG, New York Branch, as Facility Agent, State Street Bank and Trust Company, as Collateral Agent and Cortland Capital Market Services LLC, as Collateral Custodian. The parties to the SPV Asset Facility III entered into various amendments, including those relating to the undrawn fee and make-whole fee and definition of “Change of Control.” The following describes the terms of SPV Asset Facility III as of its termination on March 9, 2023 (the “SPV Asset Facility III Termination Date”).

From time to time, we sold and contributed certain loan assets to ORCC Financing III pursuant to a Sale and Contribution Agreement by and between us and ORCC Financing III. No gain or loss was recognized as a result of the contribution. Proceeds from the SPV Asset Facility III were used to finance the origination and acquisition of eligible assets by ORCC Financing III, including the purchase of such assets from us. We retained a residual interest in assets contributed to or acquired by ORCC Financing III through our ownership of ORCC Financing III. The maximum principal amount of the SPV Asset Facility III was $250 million; the availability of this amount was subject to a borrowing base test, which was based on the value of ORCC Financing III’s assets from time to time, and satisfaction of certain conditions, including interest spread and weighted average coupon tests, certain concentration limits and collateral quality tests.

The SPV Asset Facility III provided for the ability to borrow, reborrow, repay and prepay advances under the SPV Asset Facility III until June 14, 2023 unless such period was extended or accelerated under the terms of the SPV Asset Facility III (the “SPV Asset Facility III Revolving Period”). Prior to the SPV Asset Facility III Termination Date, proceeds received by ORCC Financing III from principal and interest, dividends, or fees on assets were required to be used to pay fees, expenses and interest on outstanding advances, and the excess returned to us, subject to certain conditions. On the SPV Asset Facility III Termination Date, ORCC Financing III repaid in full all outstanding fees and expenses and all principal and interest on outstanding advances.

Amounts drawn bore interest at term SOFR (or, in the case of certain SPV Asset Facility III Lenders that are commercial paper conduits, the lower of (a) their cost of funds and (b) term SOFR, such term SOFR not to be lower than zero) plus a spread equal to 2.20% per annum, which spread would have increased (a) on and after the end of the SPV Asset Facility III Revolving Period by 0.15% per annum if no event of default had occurred and (b) by 2.00% per annum upon the occurrence of an event of default (such spread, the “Applicable Margin”). Term SOFR may have been replaced as a base rate under certain circumstances. We predominantly borrowed utilizing SOFR rate loans, generally electing one-month SOFR upon borrowing. During the SPV Asset Facility III Revolving Period, ORCC Financing III paid an undrawn fee ranging from 0.25% to 0.50% per annum on the undrawn amount, if any, of the revolving commitments in the SPV Asset Facility III. During the SPV Asset Facility III Revolving Period, if the undrawn commitments were in excess of a certain portion (initially 20% and increasing in stages to 75%) of the total commitments under the SPV Asset Facility III, ORCC Financing III would also have paid a make-whole fee equal to the Applicable Margin multiplied by such excess undrawn commitment amount, reduced by the undrawn fee payable on such excess. The SPV Asset Facility III contained customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing III, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Asset Facility III was secured by a perfected first priority security interest in the assets of ORCC Financing III and on any payments received by ORCC

Financing III in respect of those assets. Assets pledged to the SPV Asset Facility III Lenders were not available to pay our debts. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

Long Term Debt, Dividends and Covenants [Text Block]

The SPV Asset Facility III contained customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing III, including limitations on incurrence of incremental indebtedness, and customary events of default.

CLO I [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 390.0

$ 390.0

$ 390.0

$ 390.0

$ 390.0

Senior Securities Coverage per Unit

$ 1,825

$ 1,820

$ 2,060

$ 2,926

$ 1,788

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

CLO I

Long Term Debt, Structuring [Text Block]

CLO I

On May 28, 2019 (the “CLO I Closing Date”), we completed a $596 million term debt securitization transaction (the “CLO I Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO I Transaction and the secured loan borrowed in the CLO I Transaction were issued and incurred, as applicable, by our consolidated subsidiaries Owl Rock CLO I, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO I Issuer”), and Owl Rock CLO I, LLC, a Delaware limited liability company (the “CLO I Co-Issuer” and together with the CLO I Issuer, the “CLO I Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO I Issuer. The following describes the terms of the CLO I Transaction as amended through June 28, 2023 (the “CLO I Indenture Amendment Date”).

In the CLO I Transaction the CLO I Issuers (A) issued the following notes pursuant to an indenture and security agreement dated as of the CLO I Closing Date (as amended by the supplemental indenture dated as of the CLO I Indenture Amendment Date by and among the CLO I Issuer, the CLO I Co-Issuer and State Street Bank and Trust Company, the “CLO I Indenture”), by and among the CLO I Issuers and State Street Bank and Trust Company: (i) $242 million of AAA(sf) Class A Notes, which bear interest at term SOFR (plus a spread adjustment) plus 1.80%, (ii) $30 million of AAA(sf) Class A-F Notes, which bear interest at a fixed rate of 4.165%, and (iii) $68 million of AA(sf) Class B Notes, which bear interest at term SOFR (plus a spread adjustment) plus 2.70% (together, the “CLO I Notes”) and (B) borrowed $50 million under floating rate loans (the “Class A Loans” and together with the CLO

I Notes, the “CLO I Debt”), which bear interest at term SOFR (plus a spread adjustment) plus 1.80%, under a credit agreement (the “CLO I Credit Agreement”), dated as of the CLO I Closing Date, by and among the CLO I Issuers, as borrowers, various financial institutions, as lenders, and State Street Bank and Trust Company, as collateral trustee and loan agent. The Class A Loans may be exchanged by the lenders for Class A Notes at any time, subject to certain conditions under the CLO I Credit Agreement and the CLO I Indenture. The CLO I Debt is scheduled to mature on May 20, 2031. The CLO I Notes were privately placed by Natixis Securities Americas, LLC and SG Americas Securities, LLC.

Concurrently with the issuance of the CLO I Notes and the borrowing under the Class A Loans, the CLO I Issuer issued approximately $206.1 million of subordinated securities in the form of 206,106 preferred shares at an issue price of U.S.$1,000 per share (the “CLO I Preferred Shares”). The CLO I Preferred Shares were issued by the CLO I Issuer as part of its issued share capital and are not secured by the collateral securing the CLO I Debt. We own all of the CLO I Preferred Shares, and as such, these securities are eliminated in consolidation. We act as retention holder in connection with the CLO I Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO I Preferred Shares.

The Adviser serves as collateral manager for the CLO I Issuer under a collateral management agreement dated as of the CLO I Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO I Issuers’ equity or notes that we own.

The CLO I Debt is secured by all of the assets of the CLO I Issuer, which will consist primarily of middle market loans, participation interests in middle market loans, and related rights and the cash proceeds thereof. As part of the CLO I Transaction, we and ORCC Financing II LLC sold and contributed approximately $575 million par amount of middle market loans to the CLO I Issuer on the CLO I Closing Date. Such loans constituted the initial portfolio assets securing the CLO I Debt. We and ORCC Financing II LLC each made customary representations, warranties, and covenants to the CLO I Issuer regarding such sales and contributions under a loan sale agreement.

Through May 20, 2023, a portion of the proceeds received by the CLO I Issuer from the loans securing the CLO I Debt could be used by the CLO I Issuer to purchase additional middle market loans under the direction of the Adviser as the collateral manager for the CLO I Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO I Debt is the secured obligation of the CLO I Issuers, and the CLO I Indenture and the CLO I Credit Agreement include customary covenants and events of default. Assets pledged to holders of the CLO I Debt and the other secured parties under the CLO I Indenture will not be available to pay our debts.

The CLO I Notes were offered in reliance on Section 4(a)(2) of the Securities Act. The CLO I Notes have not been registered under the Securities Act or any state securities (e.g., “blue sky”) laws and, unless so registered, may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act as applicable. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO II [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 260.0

$ 260.0

$ 260.0

$ 260.0

$ 260.0

Senior Securities Coverage per Unit

$ 1,825

$ 1,820

$ 2,060

$ 2,926

$ 1,788

CLO III [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 260.0

$ 260.0

$ 260.0

$ 260.0

Senior Securities Coverage per Unit

$ 1,825

$ 1,820

$ 2,060

$ 1,788

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

CLO III

Long Term Debt, Structuring [Text Block]

CLO III

On March 26, 2020 (the “CLO III Closing Date”), we completed a $395.31 million term debt securitization transaction (the “CLO III Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO III Transaction were issued by our consolidated subsidiaries Owl Rock CLO III, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO III Issuer”), and Owl Rock CLO III, LLC, a Delaware limited liability company (the “CLO III Co-Issuer” and together with the CLO III Issuer, the “CLO III Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO III Issuer.

The CLO III Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO III Closing Date (the “CLO III Indenture”), by and among the CLO III Issuers and State Street Bank and Trust Company: (i) $166 million of AAA(sf) Class A-1L Notes, which bear interest at three-month LIBOR plus 1.80%, (ii) $40 million of AAA(sf) Class A-1F Notes, which bear interest at a fixed rate of 2.75%, (iii) $20 million of AAA(sf) Class A-2 Notes, which bear interest at three-month LIBOR plus 2.00%, and (iv) $34 million of AA(sf) Class B Notes, which bear interest at three-month LIBOR plus 2.45% (together, the “CLO III Debt”). The CLO III Debt is scheduled to mature on April 20, 2032. The CLO III Debt was privately placed by SG Americas Securities, LLC. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO III Debt.

Concurrently with the issuance of the CLO III Debt, the CLO III Issuer issued approximately $135.3 million of subordinated securities in the form of 135,310 preferred shares at an issue price of U.S.$1,000 per share (the “CLO III Preferred Shares”). The CLO III Preferred Shares were issued by the CLO III Issuer as part of its issued share capital and are not secured by the collateral securing the CLO III Debt. We own all of the CLO III Preferred Shares, and as such, these securities are eliminated in consolidation. We act as retention holder in connection with the CLO III Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO III Preferred Shares.

The Adviser serves as collateral manager for the CLO III Issuer under a collateral management agreement dated as of the CLO III Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO III Issuers’ equity or notes that we own.

The CLO III Debt is secured by all of the assets of the CLO III Issuer, which will consist primarily of middle market loans, participation interests in middle market loans, and related rights and the cash proceeds thereof. As part of the CLO III Transaction, we and ORCC Financing IV LLC sold and contributed approximately $400 million par amount of middle market loans to the CLO III

Issuer on the CLO III Closing Date. Such loans constituted the initial portfolio assets securing the CLO III Debt. Us and ORCC Financing IV LLC each made customary representations, warranties, and covenants to the CLO III Issuer regarding such sales and contributions under a loan sale agreement.

Through April 20, 2024, a portion of the proceeds received by the CLO III Issuer from the loans securing the CLO III Debt may be used by the CLO III Issuer to purchase additional middle market loans under the direction of the Adviser as the collateral manager for the CLO III Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO III Debt is the secured obligation of the CLO III Issuers, and the CLO III Indenture includes customary covenants and events of default. Assets pledged to holders of the CLO III Debt and the other secured parties under the CLO III Indenture will not be available to pay our debts.

The CLO III Debt was offered in reliance on Section 4(a)(2) of the Securities Act. The CLO III Debt has not been registered under the Securities Act or any state securities laws (e.g., “blue sky”) and, unless so registered, may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act as applicable. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO IV [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 292.5

$ 292.5

$ 252.0

$ 292.5

Senior Securities Coverage per Unit

$ 1,825

$ 1,820

$ 2,060

$ 1,788

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

CLO IV Refinancing

CLO V [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 509.6

$ 196.0

$ 196.0

$ 509.6

Senior Securities Coverage per Unit

$ 1,825

$ 1,820

$ 2,060

$ 1,788

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

CLO V

Long Term Debt, Structuring [Text Block]

CLO V

On November 20, 2020 (the “CLO V Closing Date”), we completed a $345.45 million term debt securitization transaction (the “CLO V Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO V Transaction were issued by our consolidated subsidiaries Owl Rock CLO V, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO V Issuer”), and Owl Rock CLO V, LLC, a Delaware limited liability company (the “CLO V Co-Issuer” and together with the CLO V Issuer, the “CLO V Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO V Issuer.

The CLO V Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO V Closing Date (the “CLO V Indenture”), by and among the CLO V Issuers and State Street Bank and Trust Company: (i) $182 million of AAA(sf)/AAAsf Class A-1 Notes, which bear interest at three-month LIBOR plus 1.85% and (ii) $14 million of AAA(sf) Class A-2 Notes, which bear interest at three-month LIBOR plus 2.20% (together, the “CLO V Secured Notes”). The CLO V Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the CLO V Issuer. The CLO V Secured Notes are scheduled to mature on November 20, 2029. The CLO V Secured Notes were privately placed by Natixis Securities Americas LLC.

The CLO V Secured Notes were redeemed in the CLO V refinancing, described below.

Concurrently with the issuance of the CLO V Secured Notes, the CLO V Issuer issued approximately $149.45 million of subordinated securities in the form of 149,450 preferred shares at an issue price of U.S.$1,000 per share (the “CLO V Preferred Shares”). The CLO V Preferred Shares were issued by the CLO V Issuer as part of its issued share capital and are not secured by the collateral securing the CLO V Secured Notes. We own all of the outstanding CLO V Preferred Shares, and as such, these securities are eliminated in consolidation. We acted as retention holder in connection with the CLO V Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such was required to retain a portion of the CLO V Preferred Shares, while the CLO V Secured Notes were outstanding.

As part of the CLO V Transaction, we entered into a loan sale agreement with the CLO V Issuer dated as of the CLO V Closing Date, which provided for the sale and contribution of approximately $201.75 million par amount of middle market loans to the CLO V Issuer on the CLO V Closing Date and for future sales to the CLO V Issuer on an ongoing basis. Such loans constituted part of the initial portfolio of assets securing the CLO V Secured Notes. The remainder of the initial portfolio assets securing the CLO V Secured Notes consisted of approximately $84.74 million par amount of middle market loans purchased by the CLO V Issuer from ORCC Financing II LLC, our wholly-owned subsidiary, under an additional loan sale agreement executed on the CLO V Closing Date between the Issuer and ORCC Financing II LLC. We and ORCC Financing II LLC each made customary representations, warranties, and covenants to the Issuer under the applicable loan sale agreement.

Through July 20, 2022, a portion of the proceeds received by the CLO V Issuer from the loans securing the CLO V Secured Notes could be used by the CLO V Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO V Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO V Secured Notes were the secured obligation of the CLO V Issuers, and the CLO V Indenture includes customary covenants and events of default. The CLO V Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration. Assets pledged to the holders of the CLO IV Secured Notes were not available to pay the debts of the Company.

CLO VI [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 260.0

$ 260.0

$ 260.0

Senior Securities Coverage per Unit

$ 1,825

$ 1,820

$ 1,788

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

CLO VI

Long Term Debt, Structuring [Text Block]

CLO VI

On May 5, 2021 (the “CLO VI Closing Date”), we completed a $397.78 million term debt securitization transaction (the “CLO VI Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO VI Transaction were issued by our consolidated subsidiaries Owl Rock CLO VI, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO VI Issuer”), and Owl Rock CLO VI, LLC, a Delaware limited liability company (the “CLO VI Co-Issuer” and together with the CLO VI Issuer, the “CLO VI Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO VI Issuer.

The CLO VI Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO VI Closing Date (the “CLO VI Indenture”), by and among the CLO VI Issuers and State Street Bank and Trust Company: (i) $ 224 million of AAA(sf) Class A Notes, which bear interest at three-month LIBOR plus 1.45%, (ii) $26 million of AA(sf) Class B-1 Notes, which bear interest at three-month LIBOR plus 1.75% and (iii) $10 million of AA(sf) Class B-F Notes, which bear interest at a fixed rate of 2.83% (together, the “CLO VI Secured Notes”). The CLO VI Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the CLO VI Issuer. The CLO VI Secured Notes are scheduled to mature on June 21, 2032. The CLO VI Secured Notes are privately placed by SG Americas Securities, LLC. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO VI Secured Notes.

Concurrently with the issuance of the CLO VI Secured Notes, the CLO VI Issuer issued approximately $137.78 million of subordinated securities in the form of 137,775 preferred shares at an issue price of U.S.$1,000 per share (the “CLO VI Preferred Shares”). The CLO VI Preferred Shares were issued by the CLO VI Issuer as part of its issued share capital and are not secured by the collateral securing the CLO VI Secured Notes. We purchased all of the CLO VI Preferred Shares, and as such, these securities are eliminated in consolidation. We will act as retention holder in connection with the CLO VI Transaction for the purposes of satisfying certain U.S., United Kingdom and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO VI Preferred Shares.

As part of the CLO VI Transaction, we entered into a loan sale agreement with the CLO VI Issuer dated as of the CLO VI Closing Date, which provides for the sale and contribution of approximately $205.6 million par amount of middle market loans from us to the CLO VI Issuer on the CLO VI Closing Date and for future sales from us to the CLO VI Issuer on an ongoing basis. Such loans constitute part of the initial portfolio of assets securing the CLO VI Secured Notes. The remainder of the initial portfolio assets securing the CLO VI Secured Notes consists of approximately $164.7 million par amount of middle market loans purchased by the CLO VI Issuer from ORCC Financing IV LLC, our wholly-owned subsidiary of ours, under an additional loan sale agreement executed on the CLO VI Closing Date between the Issuer and ORCC Financing IV LLC. We and ORCC Financing IV LLC each made customary representations, warranties, and covenants to the CLO VI Issuer under the applicable loan sale agreement.

Through June 20, 2024, a portion of the proceeds received by the CLO VI Issuer from the loans securing the CLO VI Secured Notes may be used by the CLO VI Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO VI Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The Secured Notes are the secured obligation of the CLO VI Issuers, and the CLO VI Indenture includes customary covenants and events of default. The CLO VI Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO VI Issuer under a collateral management agreement dated as of the CLO VI Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO VI Issuers’ equity or notes that we own. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO VII [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 239.2

$ 239.2

Senior Securities Coverage per Unit

$ 1,825

$ 1,788

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

CLO VII

Long Term Debt, Structuring [Text Block]

CLO VII

On July 26, 2022 (the “CLO VII Closing Date”), we completed a $350.47 million term debt securitization transaction (the “CLO VII Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO VII Transaction and the secured loan borrowed in the CLO VII Transaction were issued and incurred, as applicable, by the our consolidated subsidiary Owl Rock CLO VII, LLC, a limited liability organized under the laws of the State of Delaware (the “CLO VII Issuer”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO VII Issuer.

The CLO VII Transaction was executed by (A) the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO VII Closing Date (the “CLO VII Indenture”), by and among the CLO VII Issuer and State Street Bank and Trust Company: (i) $48 million of AAA(sf) Class A-1 Notes, which bear interest at three-month term SOFR plus 2.10%, (ii) $24 million of AAA(sf) Class A-2 Notes, which bear interest at 5.00%, (iii) $6 million of AA(sf) Class B-1 Notes, which bear interest at three-month term SOFR plus 2.85% and (iv) $26.15 million of AA(sf) Class B-2 Notes, which bear interest at 5.71% and (v) $10 million of A(sf) Class C Notes, which bear interest at 6.86% (together, the “CLO VII Secured Notes”) and (B) the borrowing by the CLO VII Issuer of $75 million under floating rate Class A-L1 loans (the “CLO VII Class A-L1 Loans”) and $50 million under floating rate Class A-L2 loans (the “CLO VII Class A-L2 Loans” and together with the CLO VII Class A-L1 Loans and the CLO VII Secured Notes, the “CLO VII Debt”). The CLO VII Class A-L1 Loans and the CLO VII Class A-L2 Loans bear interest at three-month term SOFR plus 2.10%. The CLO VII Class A-L1 Loans were borrowed under a credit agreement (the “CLO VII A-L1 Credit Agreement”), dated as of the CLO VII Closing Date, by and among the CLO VII Issuer, as borrower, various financial institutions, as lenders, and State Street Bank and Trust Company, as collateral trustee and loan agent and the CLO VII Class A-L2 Loans were borrowed under a credit agreement (the “CLO VII A-L2 Credit Agreement”), dated as of the CLO VII Closing Date, by and among the CLO VII Issuer, as borrower, various financial institutions, as lenders, and State Street Bank and Trust Company, as collateral trustee and loan agent. The CLO VII Debt is secured by middle market loans, participation interests in middle market loans and other assets of the CLO VII Issuer. The CLO VII Debt is scheduled to mature on July 20, 2033. The CLO VII Secured Notes were privately placed by SG Americas Securities, LLC as Initial Purchaser.

Concurrently with the issuance of the CLO VII Secured Notes and the borrowing under the CLO VII Class A-L1 Loans and CLO VII Class A-L2 Loans, the CLO VII Issuer issued approximately $111.32 million of subordinated securities in the form of 111,320 preferred shares at an issue price of U.S.$1,000 per share (the “CLO VII Preferred Shares”). The CLO VII Preferred Shares

were issued by the CLO VII Issuer as part of its issued share capital and are not secured by the collateral securing the CLO VII Debt. we purchased all of the CLO VII Preferred Shares. We act as retention holder in connection with the CLO VII Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO VII Preferred Shares.

As part of the CLO VII Transaction, we entered into a loan sale agreement with the CLO VII Issuer dated as of the CLO VII Closing Date, which provided for the sale and contribution of approximately $255.548 million par amount of middle market loans from us to the CLO VII Issuer on the CLO VII Closing Date and for future sales from us to the CLO VII Issuer on an ongoing basis. Such loans constituted part of the initial portfolio of assets securing the CLO VII Debt. The remainder of the initial portfolio assets securing the CLO VII Debt consisted of approximately $93.313 million par amount of middle market loans purchased by the CLO VII Issuer from ORCC Financing IV LLC, a wholly-owned subsidiary of ours, under an additional loan sale agreement executed on the CLO VII Closing Date between the CLO VII Issuer and ORCC Financing IV LLC. We and ORCC Financing IV LLC each made customary representations, warranties, and covenants to the CLO VII Issuer under the applicable loan sale agreement.

Through July 20, 2025, a portion of the proceeds received by the CLO VII Issuer from the loans securing the CLO VII Debt may be used by the CLO VII Issuer to purchase additional middle market loans under the direction of Blue Owl Credit Advisors LLC (“OCA”), our investment advisor, in its capacity as collateral manager for the CLO VII Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO VII Debt is the secured obligation of the CLO VII Issuer, and the CLO VII Indenture, the CLO VII A-L1 Credit Agreement and the CLO VII A-L2 Credit Agreement each include customary covenants and events of default. The CLO VII Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO VII Issuer under a collateral management agreement dated as of the CLO VII Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Amended and Restated Investment Advisory Agreement, between the Adviser and us will be offset by the amount of the collateral management fee attributable to the CLO VII Issuer’s equity or notes that we own. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO X [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 260.0

Senior Securities Coverage per Unit

$ 1,825

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

CLO X

Long Term Debt, Structuring [Text Block]

CLO X

On March 9, 2023 (the “CLO X Closing Date”), we completed a $397.7 million term debt securitization transaction (the “CLO X Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO X Transaction were issued by our consolidated subsidiary Owl Rock CLO X, LLC, a limited liability organized under the laws of the State of Delaware (the “CLO X Issuer”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO X Issuer.

The CLO X Transaction was executed by the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the CLO X Closing Date (the “CLO X Indenture”), by and among the CLO X Issuer and State Street Bank and Trust Company: (i) $228 million of AAA(sf) Class A Notes, which bear interest at three-month term SOFR plus 2.45% and (ii) $32 million of AA(sf) Class B Notes, which bear interest at three-month term SOFR plus 3.60% (together, the “CLO X Secured Notes”). The Secured Notes are secured by middle market loans, participation interests in middle market loans and other assets of the CLO X Issuer. The CLO X Secured Notes are scheduled to mature on April 20, 2035. The CLO X Secured Notes were privately placed by Deutsche Bank Securities Inc. as Initial Purchaser.

Concurrently with the issuance of the CLO X Secured Notes, the CLO X Issuer issued approximately $137.7 million of subordinated securities in the form of 137,700 preferred shares at an issue price of U.S. $1,000 per share (the “CLO X Preferred Shares”). The CLO X Preferred Shares were issued by the CLO X Issuer as part of its issued share capital and are not secured by the collateral securing the CLO X Secured Notes. We purchased all of the CLO X Preferred Shares. We act as retention holder in connection with the CLO X Transaction for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO X Preferred Shares.

As part of the CLO X Transaction, we entered into a loan sale agreement with the CLO X Issuer dated as of the CLO X Closing Date, which provided for the sale and contribution of approximately $245.9 million par amount of middle market loans from us to the CLO X Issuer on the CLO X Closing Date and for future sales from us to the CLO X Issuer on an ongoing basis. Such loans constituted part of the initial portfolio of assets securing the CLO X Secured Notes. The remainder of the initial portfolio assets securing the CLO X Secured Notes consisted of approximately $141.3 million par amount of middle market loans purchased by the CLO X Issuer from ORCC Financing III LLC, a wholly-owned subsidiary of ours, under an additional loan sale agreement executed

on the CLO X Closing Date between the CLO X Issuer and ORCC Financing III LLC. We and ORCC Financing III LLC each made customary representations, warranties, and covenants to the CLO X Issuer under the applicable loan sale agreement.

Through April 20, 2027, a portion of the proceeds received by the CLO X Issuer from the loans securing the CLO X Secured Notes may be used by the CLO X Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO X Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO X Secured Notes are the secured obligation of the CLO X Issuer, and the CLO X Indenture includes customary covenants and events of default. The CLO X Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO X Issuer under a collateral management agreement dated as of the CLO X Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Amended and Restated Investment Advisory Agreement, between the Adviser and us will be offset by the amount of the collateral management fee attributable to the CLO X Issuer’s equity or notes that we own. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.

Two Thousand Twenty-Five Notes [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

2025 Notes

July 2025 Notes [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

July 2025 Notes

Long Term Debt, Structuring [Text Block]

July 2025 Notes

On January 22, 2020, we issued $500 million aggregate principal amount of notes that mature on July 22, 2025 (the “July 2025 Notes”). The July 2025 Notes bear interest at a rate of 3.75% per year, payable semi-annually on January 22 and July 22, of each year, commencing on July 22, 2020. We may redeem some or all of the July 2025 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the July 2025 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the July 2025 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 35 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any July 2025 Notes on or after June 22, 2025 (the date falling one month prior to the maturity date of the 2025 Notes), the redemption price for the July 2025 Notes will be equal to 100% of the principal amount of the July 2025 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

Two Thousand Twenty-Six Notes [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

2026 Notes

July 2026 Notes [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

July 2026 Notes

Long Term Debt, Structuring [Text Block]

July 2026 Notes

On December 8, 2020, we issued $1.0 billion aggregate principal amount of notes that mature on July 15, 2026 (the “July 2026 Notes”). The July 2026 Notes bear interest at a rate of 3.40% per year, payable semi-annually on January 15 and July 15 of each year, commencing on July 15, 2021. We may redeem some or all of the July 2026 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the July 2026 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the July 2026 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any July 2026 Notes on or after June 15, 2026 (the date falling one month prior to the maturity date of the July 2026 Notes), the redemption price for the July 2026 Notes will be equal to 100% of the principal amount of the July 2026 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt."

Two Thousand Twenty-Eight Notes [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

2028 Notes

SPV Asset Facility IV [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 155.0

$ 295.0

$ 60.3

$ 0.0

Senior Securities Coverage per Unit

$ 1,820

$ 2,060

$ 2,926

$ 1,788

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

SPV Asset Facility IV

Long Term Debt, Structuring [Text Block]

SPV Asset Facility IV

On August 2, 2019 (the “SPV Asset Facility IV Closing Date”), ORCC Financing IV LLC (“ORCC Financing IV”), a Delaware limited liability company and our newly formed subsidiary, entered into a Credit Agreement (the “SPV Asset Facility IV”), with ORCC Financing IV, as borrower, Société Générale, as initial Lender and as Administrative Agent, State Street Bank and Trust Company, as Collateral Agent, Collateral Administrator and Custodian, and Cortland Capital Market Services LLC as Document Custodian and the lenders from time to time party thereto pursuant to Assignment and Assumption Agreements (the “SPV Asset Facility IV Lenders”).

On March 11, 2022 (the “SPV Asset Facility IV Amendment Date”), the parties to the SPV Asset Facility IV amended the SPV Asset Facility IV to extend the reinvestment period from April 1, 2022 until October 3, 2022 and the stated maturity from April 1, 2030 to October 1, 2030. The amendment also changed the applicable interest rate from LIBOR plus an applicable margin of 2.15% during the reinvestment period and LIBOR plus an applicable margin of 2.40% after the reinvestment period to term SOFR plus an applicable margin of 2.30% during the reinvestment period and term SOFR plus an applicable margin of 2.55% after the reinvestment period.

From time to time, we sold and contributed certain investments to ORCC Financing IV pursuant to a Sale and Contribution Agreement by and between us and ORCC Financing IV. The SPV Asset Facility IV was terminated on October 3, 2022 (the “SPV Asset Facility IV Termination Date”). No gain or loss was recognized as a result of the contribution. Proceeds from the SPV Asset Facility IV were used to finance the origination and acquisition of eligible assets by ORCC Financing IV, including the purchase of such assets from us. We retained a residual interest in assets contributed to or acquired by ORCC Financing IV through our ownership of ORCC Financing IV. The maximum principal amount of the SPV Asset Facility IV was $250 million; the availability of this amount was subject to an overcollateralization ratio test, which was based on the value of ORCC Financing IV’s assets from time to time, and satisfaction of certain conditions, including an interest coverage ratio test, certain concentration limits and collateral quality tests.

The SPV Asset Facility IV provided for the ability to (1) draw term loans and (2) draw and redraw revolving loans under the SPV Asset Facility IV until the last day of the reinvestment period unless the revolving commitments are terminated or converted to term loans sooner as provided in the SPV Asset Facility IV (the “SPV Asset Facility IV Commitment Termination Date”). Prior to the SPV Asset Facility IV Termination Date, proceeds received by ORCC Financing IV from principal and interest, dividends, or fees on assets were required to be used to pay fees, expenses and interest on outstanding borrowings, and the excess may be returned to us, subject to certain conditions. On the SPV Asset Facility IV Termination Date, ORCC Financing IV repaid in full all outstanding fees and expenses and all principal and interest on outstanding borrowings.

From the SPV Asset Facility IV Closing Date to the SPV Asset Facility IV Termination Date, there was a commitment fee ranging from 0.50% to 0.75% per annum on the undrawn amount, if any, of the revolving commitments in the SPV Asset Facility IV. The SPV Asset Facility IV contained customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing IV, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Asset Facility IV was secured by a perfected first priority security interest in the assets of ORCC Financing IV and on any payments received by ORCC Financing IV in respect of those assets. Assets pledged to the SPV Asset Facility IV Lenders were not available to pay our debts. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

Long Term Debt, Dividends and Covenants [Text Block]

The SPV Asset Facility IV contained customary covenants, including certain financial maintenance covenants, limitations on the activities of ORCC Financing IV, including limitations on incurrence of incremental indebtedness, and customary events of default.

Two Thousand Twenty-Three Senior Notes [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

2023 Notes

SPV Asset Facility I [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 0.0

$ 300.0

$ 400.0

$ 400.0

Senior Securities Coverage per Unit

$ 0

$ 2,926

$ 2,254

$ 2,580

Subscription Credit Facility [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 0.0

$ 883.0

$ 393.5

$ 495.0

Senior Securities Coverage per Unit

$ 0

$ 2,254

$ 2,580

$ 2,375

Notes 2023 [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 0.0

$ 150.0

$ 150.0

$ 150.0

$ 138.5

Senior Securities Coverage per Unit

$ 0

$ 2,060

$ 2,926

$ 2,254

$ 2,580

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Structuring [Text Block]

2023 Notes

On December 21, 2017, the Company entered into a Note Purchase Agreement governing the issuance of $150 million in aggregate principal amount of unsecured notes (the “2023 Notes”) to institutional investors in a private placement. The issuance of $138.5 million of the 2023 Notes occurred on December 21, 2017, and $11.5 million of the 2023 Notes were issued in January 2018. The 2023 Notes had a fixed interest rate of 4.75% and were due on June 21, 2023. Interest on the 2023 Notes was due and ranked semiannually. This interest rate was subject to increase (up to a maximum interest rate of 5.50%) in the event that, subject to certain exceptions, the 2023 Notes ceased to have an investment grade rating. The Company was obligated to offer to repay the 2023 Notes at par if certain change in control events occur. The 2023 Notes were general unsecured obligations of the Company and ranked pari passu with all outstanding and future unsecured unsubordinated indebtedness issued by the Company.

The Note Purchase Agreement for the 2023 Notes contained customary terms and conditions for unsecured notes issued in a private placement, including, without limitation, affirmative and negative covenants such as information reporting, maintenance of the Company’s status as a BDC within the meaning of the 1940 Act and a RIC under the Code, minimum shareholders equity, minimum asset coverage ratio and prohibitions on certain fundamental changes at the Company or any subsidiary guarantor, as well as customary events of default with customary cure and notice, including, without limitation, nonpayment, misrepresentation in a material respect, breach of covenant, cross-default under other indebtedness of the Company or certain significant subsidiaries, certain judgments and orders, and certain events of bankruptcy.

The 2023 Notes were offered in reliance on Section 4(a)(2) of the Securities Act.

In connection with the offering of the 2023 Notes, on December 21, 2017, the Company entered into a centrally cleared interest rate swap. The notional amount of the interest rate swap was $150 million. The Company received fixed rate interest semi-annually at 4.75% and paid variable rate interest monthly based on 1-month LIBOR plus 2.545%. The interest rate swap matured on December 21, 2021, and therefore, for the three months ended March 31, 2023 and 2022, the Company did not make any periodic payments. The interest expense related to the 2023 Notes is equally offset by the proceeds received from the interest rate swap. The swap adjusted interest expense is included as a component of interest expense on the Company’s Consolidated Statements of Operations. Depending on the nature of the balance at period end, the fair value of the interest rate swap is either included as a component of accrued expenses and other liabilities or prepaid expenses and other assets on the Company’s Consolidated Statements of Assets and Liabilities. The change in fair value of the interest rate swap is offset by the change in fair value of the 2023 Notes, with the remaining difference included as a component of interest expense on the Consolidated Statements of Operations.

On November 23, 2021, we caused notice to be issued to the holders of the 2023 Notes regarding our exercise of the option to redeem in full all $150 million in aggregate principal amount of the 2023 Notes at 100% of their principal amount, plus the accrued and unpaid interest thereon through, but excluding, the redemption date, December 23, 2021. On December 23, 2021, we redeemed in full all $150 million in aggregate principal amount of the 2023 Notes at 100% of their principal amount, plus the accrued and unpaid interest thereon through, but excluding, December 23, 2021.

Notes 2024 [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 400.0

$ 400.0

$ 400.0

$ 400.0

$ 400.0

Senior Securities Coverage per Unit

$ 1,825

$ 1,820

$ 2,060

$ 2,926

$ 1,788

Senior Securities Average Market Value per Unit

$ 1,089.7

$ 1,037.1

$ 1,039.3

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Structuring [Text Block]

2024 Notes

On April 10, 2019, we issued $400 million aggregate principal amount of notes that mature on April 15, 2024 (the “2024 Notes”). The 2024 Notes bear interest at a rate of 5.25% per year, payable semi-annually on April 15 and October 15 of each year, commencing on October 15, 2019. We may redeem some or all of the 2024 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2024 Notes to be redeemed or (2) the sum of the present values of

the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2024 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any 2024 Notes on or after March 15, 2024 (the date falling one month prior to the maturity date of the 2024 Notes), the redemption price for the 2024 Notes will be equal to 100% of the principal amount of the 2024 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

In connection with the issuance of the 2024 Notes, on April 10, 2019 we entered into centrally cleared interest rate swaps. The notional amount of the interest rate swaps is $400 million. We will receive fixed rate interest at 5.25% and pay variable rate interest based on one-month LIBOR plus 2.937%. The interest rate swaps mature on April 10, 2024. For the three and six months ended June 30, 2023, we made periodic payments of $9.5 million and $9.5 million, respectively. For the three and six months ended June 30, 2022, we made periodic payments of $4.3 million and $4.3 million, respectively. The interest expense related to the 2024 Notes is equally offset by the proceeds received from the interest rate swaps. The swap adjusted interest expense is included as a component of interest expense on our Consolidated Statements of Operations. As of June 30, 2023 and December 31, 2022, the interest rate swap had a fair value of $(9.9) million and $(13.1) million, respectively. Depending on the nature of the balance at period end, the fair value of the interest rate swap is either included as a component of accrued expenses and other liabilities or prepaid expenses and other assets on our Consolidated Statements of Assets and Liabilities. The change in fair value of the interest rate swap is offset by the change in fair value of the 2024 Notes, with the remaining difference included as a component of interest expense on the Consolidated Statements of Operations. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

Notes 2025 [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 425.0

$ 425.0

$ 425.0

$ 425.0

$ 425.0

Senior Securities Coverage per Unit

$ 1,825

$ 1,820

$ 2,060

$ 2,926

$ 1,788

Senior Securities Average Market Value per Unit

$ 1,057.3

$ 984.2

$ 997.9

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Structuring [Text Block]

2025 Notes

On October 8, 2019, we issued $425 million aggregate principal amount of notes that mature on March 30, 2025 (the “2025 Notes”). The 2025 Notes bear interest at a rate of 4.00% per year, payable semi-annually on March 30 and September 30 of each year, commencing on March 30, 2020. We may redeem some or all of the 2025 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2025 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2025 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 40 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any 2025 Notes on or after February 28, 2025 (the date falling one month prior to the maturity date of the 2025 Notes), the redemption price for the 2025 Notes will be equal to 100% of the principal amount of the 2025 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

Notes July 2025 [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 500.0

$ 500.0

$ 500.0

$ 500.0

Senior Securities Coverage per Unit

$ 1,825

$ 1,820

$ 2,060

$ 1,788

Senior Securities Average Market Value per Unit

$ 1,049.9

$ 971.1

Notes 2026 [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 500.0

$ 500.0

$ 500.0

$ 500.0

Senior Securities Coverage per Unit

$ 1,825

$ 1,820

$ 2,060

$ 1,788

Senior Securities Average Market Value per Unit

$ 1,068.7

$ 1,018.5

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Structuring [Text Block]

2026 Notes

On July 23, 2020, we issued $500 million aggregate principal amount of notes that mature on January 15, 2026 (the “2026 Notes”). The 2026 Notes bear interest at a rate of 4.25% per year, payable semi-annually on January 15 and July 15 of each year, commencing on January 15, 2021. We may redeem some or all of the 2026 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2026 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2026 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any 2026 Notes on or after December, 15 2025 (the date falling one month prior to the maturity date of the 2026 Notes), the redemption price for the 2026 Notes will be equal to 100% of the principal amount of the 2026 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

Notes July 2026 [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 1,000.0

$ 1,000.0

$ 1,000.0

$ 1,000.0

Senior Securities Coverage per Unit

$ 1,825

$ 1,820

$ 2,060

$ 1,788

Senior Securities Average Market Value per Unit

$ 1,032.8

$ 1,005

Notes 2027 [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 500.0

$ 500.0

$ 500.0

Senior Securities Coverage per Unit

$ 1,825

$ 1,820

$ 1,788

Senior Securities Average Market Value per Unit

$ 997.4

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Structuring [Text Block]

2027 Notes

On April 26, 2021, we issued $500 million aggregate principal amount of notes that mature on January 15, 2027 (the “2027 Notes”). The 2027 Notes bear interest at a rate of 2.625% per year, payable semi-annually on January 15 and July 15, of each year, commencing on July 15, 2021. We may redeem some or all of the 2027 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2027 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2027 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 30 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any 2027 Notes on or after December 15, 2026 (the date falling one month prior to the maturity date of the 2027 Notes), the redemption price for the 2027 Notes will be equal to 100% of the principal amount of the 2027 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption.

In connection with the issuance of the 2027 Notes, on April 26, 2021 we entered into centrally cleared interest rate swaps. The notional amount of the interest rate swaps is $500 million. We will receive fixed rate interest at 2.625% and pay variable rate interest based on one-month LIBOR plus 1.655%. The interest rate swaps mature on January 15, 2027. For the three months ended June 30, 2023 the Company made no periodic payments and for the six months ended June 30, 2023 the Company made $5.9 million in periodic payments. For the three months ended June 30, 2022 the Company made no periodic payments and for the six months ended June 30, 2022 the Company made $2.0 million in periodic payments. The interest expense related to the 2027 Notes is equally offset by the proceeds received from the interest rate swaps. The swap adjusted interest expense is included as a component of interest expense on our Consolidated Statements of Operations. As of June 30, 2023 and December 31, 2022, the interest rate swap had a fair value of $(55.9) million and $(56.4) million, respectively. Depending on the nature of the balance at period end, the fair value of the interest rate swap is either included as a component of accrued expenses and other liabilities or prepaid expenses and other assets on our Consolidated Statements of Assets and Liabilities. The change in fair value of the interest rate swap is offset by the change in fair value of the 2027 Notes, with the remaining difference included as a component of interest expense on the Consolidated Statements of Operations. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

Notes 2028 [Member]

Financial Highlights [Abstract]

Senior Securities Amount

$ 850.0

$ 850.0

$ 850.0

Senior Securities Coverage per Unit

$ 1,825

$ 1,820

$ 1,788

Senior Securities Average Market Value per Unit

$ 994.3

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Structuring [Text Block]

2028 Notes

On June 11, 2021, we issued $450 million aggregate principal amount of notes that mature on June 11, 2028 and on August 17, 2021, we issued an additional $400 million aggregate principal amount of our 2.875% notes due 2028 (together, the “2028 Notes”). The 2028 Notes bear interest at a rate of 2.875% per year, payable semi-annually on June 11 and December 11, of each year, commencing on December 11, 2021. We may redeem some or all of the 2028 Notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount of the 2028 Notes to be redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid interest to the date of redemption) on the 2028 Notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 30 basis points, plus, in each case, accrued and unpaid interest to the redemption date; provided, however, that if we redeem any 2028 Notes on or after April 11, 2028 (the date falling two months prior to the maturity date of the 2028 Notes), the redemption price for the 2028 Notes will be equal to 100% of the principal amount of the 2028 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

Revolving Credit Facility [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Structuring [Text Block]

Revolving Credit Facility

On August 26, 2022, we entered into an Amended and Restated Senior Secured Revolving Credit Agreement (the “Revolving Credit Facility”), which amends and restates in its entirety that certain Senior Secured Revolving Credit Agreement, dated as of February 1, 2017 (as amended, restated, supplemented or otherwise modified prior to August 26, 2022). The parties to the Revolving Credit Facility include us, as Borrower, the lenders from time to time parties thereto (each a “Revolving Credit Lender” and collectively, the “Revolving Credit Lenders”) and Truist Bank, as Administrative Agent.

The Revolving Credit Facility is guaranteed by certain domestic subsidiaries of ours in existence as of the closing date of the Revolving Credit Facility, and will be guaranteed by certain domestic subsidiaries of ours that are formed or acquired by us in the future (collectively, the “Guarantors”). Proceeds of the Revolving Credit Facility may be used for general corporate purposes, including the funding of portfolio investments.

The maximum principal amount of the Revolving Credit Facility is $1.8 billion (decreased from $1.86 billion on April 4, 2023), subject to availability under the borrowing base, which is based on the our portfolio investments and other outstanding indebtedness. Maximum capacity under the Revolving Credit Facility may be increased to $2.8 billion through our exercise of an uncommitted accordion feature through which existing and new lenders may, at their option, agree to provide additional financing. The Revolving Credit Facility includes a $200 million limit for swingline loans and is secured by a perfected first-priority interest in substantially all of the portfolio investments held by us and each Guarantor, subject to certain exceptions.

The availability period under the Revolving Credit Facility terminated on March 31, 2023, with respect to $60 million of commitments, and will terminate on September 3, 2024, with respect to $15 million of commitments (together, the "Non-Extending Commitments"), and on August 26, 2026, with respect to the remaining commitments (such remaining commitments, the "Extending Commitments") (together, the “Revolving Credit Facility Commitment Termination Date”). The Revolving Credit Facility will mature on April 2, 2024 with respect to $60 million of commitments, September 3, 2025, with respect to $15 million of commitments, and on August 26, 2027, with respect to the remaining commitments (together, the “Revolving Credit Facility Maturity Date”). During the period from the earliest Revolving Credit Facility Commitment Termination Date to the final Revolving Credit Facility Maturity Date, we will be obligated to make mandatory prepayments under the Revolving Credit Facility out of the proceeds of certain asset sales and other recovery events and equity and debt issuances.

We may borrow amounts in U.S. dollars or certain other permitted currencies. Amounts drawn under the Revolving Credit Facility with respect to the Extending Commitments in U.S. dollars will bear interest at either (i) term SOFR plus any applicable credit adjustment spread plus margin of either 1.875% per annum or, if the gross borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 1.75% per annum or (ii) the alternative base rate plus margin of either 0.875% per annum or, if the gross borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 0.75% per annum. Amounts drawn under the Revolving Credit Facility with respect to the Non-Extending Commitments in U.S. Dollars will bear interest at either (i) term SOFR plus any applicable credit adjustment spread plus margin of 2.00% per annum or (ii) the alternative base rate plus margin of 1.00% per annum. With respect to loans denominated in U.S. dollars, we may elect either term SOFR or the alternative base rate at the time of drawdown, and such loans may be converted from one rate to another at any time at our option, subject to certain conditions. Amounts drawn under the Revolving Credit Facility with respect to the Extending Commitments in other permitted currencies will bear interest at the relevant rate specified therein (including any applicable credit adjustment spread) plus margin of either 1.875% per annum or, if the gross borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 1.75% per annum. Amounts drawn under the Revolving Credit Facility with respect to the Non-Extending Commitments in other permitted currencies will bear interest at the relevant rate specified therein (including any applicable credit adjustment spread) plus margin of 2.00% per annum. We will also pay a fee of 0.375% on undrawn amounts under the Revolving Credit Facility.

The Revolving Credit Facility includes customary covenants, including certain limitations on the incurrence by us of additional indebtedness and on our ability to make distributions to our shareholders, or redeem, repurchase or retire shares of stock, upon the occurrence of certain events and certain financial covenants related to asset coverage and other maintenance covenants, as well as customary events of default. The Revolving Credit Facility requires a minimum asset coverage ratio with respect to the consolidated assets of us and our subsidiaries to senior securities that constitute indebtedness of no less than 1.50 to 1.00 at any time. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO II Refinancing [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

CLO II Refinancing

Long Term Debt, Structuring [Text Block]

CLO II Refinancing

On April 9, 2021 (the “CLO II Refinancing Date”), we completed a $398.1 million term debt securitization refinancing (the “CLO II Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO II Refinancing were issued by our consolidated subsidiaries Owl Rock CLO II, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO II Issuer”), and Owl Rock CLO II, LLC, a Delaware limited liability company (the “CLO II Co-Issuer” and together with the CLO II Issuer, the “CLO II Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO II Issuer.

The CLO II Refinancing was executed by the issuance of the following classes of notes pursuant to an indenture and security agreement dated as of December 12, 2019 (such date, the “CLO II Closing Date,” and such agreement, the “CLO II Indenture”), as supplemented by the supplemental indenture dated as of the CLO II Refinancing Date (the “CLO II Refinancing Indenture”), by and among the CLO II Issuers and State Street Bank and Trust Company: (i) $204 million of AAA(sf) Class A-LR Notes, which bear interest at three-month LIBOR plus 1.55%, (ii) $20 million of AAA(sf) Class A-FR Notes, which bear interest at a fixed rate of 2.48% and (iii) $36 million of AA(sf) Class B-R Notes, which bear interest at three-month LIBOR plus 1.90% (together, the “CLO II Refinancing Debt”). The CLO II Refinancing Debt is secured by the middle market loans, participation interests in middle market loans and other assets of the CLO II Issuer. The CLO II Refinancing Debt is scheduled to mature on April 20, 2033. The CLO II Refinancing Debt was privately placed by Deutsche Bank Securities Inc. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO II Refinancing Debt. The proceeds from the CLO II Refinancing were used to redeem in full the classes of notes issued on the CLO II Closing Date.

Concurrently with the issuance of the CLO II Refinancing Debt, the CLO II Issuer issued subordinated securities in the form of 1,500 additional preferred shares at an issue price of U.S.$1,000 per share (the “CLO II Refinancing Preferred Shares”) resulting in a total outstanding number of CLO II Preferred Shares of 138,100 ($138.1 million total issue price). The CLO II Refinancing Preferred Shares were issued by the CLO II Issuer as part of its issued share capital and are not secured by the collateral securing the CLO II Refinancing Debt. We purchased all of the CLO II Refinancing Preferred Shares. We act as retention holder in connection with the CLO II Refinancing for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO II Preferred Shares. The proceeds from the CLO II Refinancing Preferred Shares were used to pay certain expenses incurred in connection with the CLO II Refinancing.

Through April 20, 2025, a portion of the proceeds received by the CLO II Issuer from the loans securing the CLO II Refinancing Debt may be used by the CLO II Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO II Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO II Refinancing Debt is the secured obligation of the CLO II Issuers, and the CLO II Refinancing Indenture includes customary covenants and events of default. The CLO II Refinancing Debt has not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO II Issuer under a collateral management agreement dated as of the CLO II Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO II Issuers’ equity or notes that we own. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO IV Refinancing [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Structuring [Text Block]

CLO IV Refinancing

On July 9, 2021 (the “CLO IV Refinancing Date”), we completed a $440.5 million term debt securitization refinancing (the “CLO IV Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO IV Refinancing were issued by our consolidated subsidiaries Owl Rock CLO IV, Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “CLO IV Issuer”), and Owl Rock CLO IV, LLC, a Delaware limited liability company (the “CLO IV Co-Issuer” and together with the CLO IV Issuer, the “CLO IV Issuers”) and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO IV Issuer.

The CLO IV Refinancing was executed by the issuance of the following classes of notes pursuant to an indenture and security agreement dated as of May 28, 2020 (such date, the “CLO IV Closing Date,” and such agreement, the “CLO IV Indenture”), as supplemented by the supplemental indenture dated as of the CLO IV Refinancing Date (the “CLO IV Refinancing Indenture”), by and among the CLO IV Issuers and State Street Bank and Trust Company: (i) $252 million of AAA(sf) Class A-1-R Notes, which bear interest at three-month LIBOR plus 1.60% and (ii) $40.5 million of AA(sf) Class A-2-R Notes, which bear interest at three-month LIBOR plus 1.90% (together, the “CLO IV Refinancing Secured Notes”). The CLO IV Refinancing Secured Notes are secured by the middle market loans, participation interests in middle market loans and other assets of the CLO IV Issuer. The CLO IV Refinancing Secured Notes are scheduled to mature on August 20, 2033. The CLO IV Refinancing Secured Notes were privately placed by Natixis Securities Americas LLC. Upon the occurrence of certain triggering events relating to the end of LIBOR, a different benchmark rate will replace LIBOR as the reference rate for interest accruing on the CLO IV Refinancing Secured Notes. The proceeds from the CLO IV Refinancing were used to redeem in full the classes of notes issued on the CLO IV Closing Date, to redeem a portion of the preferred shares of the CLO IV Issuer as described below and to pay expenses incurred in connection with the CLO IV Refinancing.

Concurrently with the issuance of the CLO IV Refinancing Secured Notes, the CLO IV Issuer redeemed 38,900 preferred shares we held (the “CLO IV Preferred Shares”) at a total redemption price of $38.9 million ($1,000 per preferred share). We retain the 148,000 CLO IV Preferred Shares that remain outstanding and that we acquired on the CLO IV Closing Date. The CLO IV Preferred Shares were issued by the CLO IV Issuer as part of its issued share capital and are not secured by the collateral securing the CLO IV Refinancing Secured Notes. We act as retention holder in connection with the CLO IV Refinancing for the purposes of satisfying certain U.S. and European Union regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the Preferred Shares.

Through August 20, 2025, a portion of the proceeds received by the CLO IV Issuer from the loans securing the CLO IV Refinancing Secured Notes may be used by the CLO IV Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO IV Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO IV Refinancing Secured Notes are the secured obligation of the CLO IV Issuers, and the CLO IV Refinancing Indenture includes customary covenants and events of default. The CLO IV Refinancing Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO IV Issuer under a collateral management agreement dated as of the CLO IV Closing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO IV Issuers’ equity or notes we own. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

CLO V Refinancing [Member]

Capital Stock, Long-Term Debt, and Other Securities [Abstract]

Long Term Debt, Title [Text Block]

CLO V Refinancing

Long Term Debt, Structuring [Text Block]

CLO V Refinancing

On April 20, 2022 (the “CLO V Refinancing Date”), we completed a $669.2 million term debt securitization refinancing (the “CLO V Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by us. The secured notes and preferred shares issued in the CLO V Refinancing were issued by the CLO V Co-Issuer, as Issuer (the “CLO V Refinancing Issuer”), and are backed by a portfolio of collateral obligations consisting of middle market loans and participation interests in middle market loans as well as by other assets of the CLO V Refinancing Issuer.

The CLO V Refinancing was executed by the issuance of the following classes of notes pursuant to the CLO V Indenture as supplemented by the supplemental indenture dated as of the CLO V Refinancing Date (the “CLO V Refinancing Indenture”), by and among the CLO V Refinancing Issuer and State Street Bank and Trust Company: (i) $354.4 million of AAA(sf) Class A-1R Notes, which bear interest at the Benchmark, as defined in the CLO V Refinancing Indenture, plus 1.78%, (ii) $30.4 million of AAA(sf) Class A-2R Notes, which bear interest at the Benchmark plus 1.95%, (iii) $49.0 million of AA(sf) Class B-1 Notes, which bear interest at the Benchmark plus 2.20%, (iv) $5.0 million of AA(sf) Class B-2 Notes, which bear interest at 4.25%, (v) $31.5 million of A(sf) Class C-1 Notes, which bear interest at the Benchmark plus 3.15% and (vi) $39.4 million of A(sf) Class C-2 Notes, which bear interest at 5.10% (together, the “CLO V Refinancing Secured Notes”). The CLO V Refinancing Secured Notes are secured by the

middle market loans, participation interests in middle market loans and other assets of the Issuer. The CLO V Refinancing Secured Notes are scheduled to mature on April 20, 2034. The CLO V Refinancing Secured Notes were privately placed by Natixis Securities Americas LLC. The proceeds from the CLO V Refinancing were used to redeem in full the classes of notes issued on the CLO V Closing Date and to pay expenses incurred in connection with the CLO V Refinancing.

Concurrently with the issuance of the CLO V Refinancing Secured Notes, the CLO V Issuer issued approximately $10.2 million of additional subordinated securities, for a total of $159.6 million of subordinated securities in the form of 159,620 preferred shares at an issue price of U.S.$1,000 per share. The CLO V Preferred Shares are not secured by the collateral securing the CLO V Refinancing Secured Notes. We act as retention holder in connection with the CLO V Refinancing for the purposes of satisfying certain U.S., European Union and United Kingdom regulations requiring sponsors of securitization transactions to retain exposure to the performance of the securitized assets and as such is required to retain a portion of the CLO V Preferred Shares.

On the CLO V Closing Date, the CLO V Issuer entered into a loan sale agreement with us, which provided for the sale and contribution of approximately $201.8 million par amount of middle market loans from us to the CLO V Issuer on the CLO V Closing Date and for future sales from us to the CLO V Issuer on an ongoing basis. As part of the CLO V Refinancing, we and the CLO V Refinancing Issuer, as the successor to the CLO V Issuer, entered into an amended and restated loan sale agreement with us dated as of the CLO V Refinancing Date, pursuant to which the CLO V Refinancing Issuer assumed all ongoing obligations of the CLO V Issuer under the original agreement and we sold and contributed approximately $275.67 million par amount middle market loans to the CLO V Refinancing Issuer on the CLO V Refinancing Date and provides for future sales from us to the CLO V Refinancing Issuer on an ongoing basis. Such loans constituted part of the portfolio of assets securing the CLO V Refinancing Secured Notes. A portion of the of the portfolio assets securing the CLO V Refinancing Secured Notes consists of middle market loans purchased by the CLO V Issuer from ORCC Financing II LLC, a wholly-owned subsidiary of ours, under an additional loan sale agreement executed on the CLO V Closing Date between the CLO V Issuer and ORCC Financing II LLC and which the CLO V Refinancing Issuer and ORCC Financing II LLC amended and restated on the CLO V Refinancing Date in connection with the refinancing. We and ORCC Financing II LLC each made customary representations, warranties, and covenants to the CLO V Refinancing Issuer under the applicable loan sale agreement.

Through April 20, 2026, a portion of the proceeds received by the CLO V Issuer from the loans securing the CLO V Refinancing Secured Notes may be used by the Issuer to purchase additional middle market loans under the direction of the Adviser, in its capacity as collateral manager for the CLO V Refinancing Issuer and in accordance with our investing strategy and ability to originate eligible middle market loans.

The CLO V Refinancing Secured Notes are the secured obligation of the CLO V Refinancing Issuer, and the CLO V Refinancing Indenture includes customary covenants and events of default. The CLO V Refinancing Secured Notes have not been registered under the Securities Act, or any state securities (e.g., “blue sky”) laws, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission or pursuant to an applicable exemption from such registration.

The Adviser serves as collateral manager for the CLO V Refinancing Issuer under an amended and restated collateral management agreement dated as of the CLO V Refinancing Date. The Adviser is entitled to receive fees for providing these services. The Adviser has waived its right to receive such fees but may rescind such waiver at any time; provided, however, that if the Adviser rescinds such waiver, the management fee payable to the Adviser pursuant to the Investment Advisory Agreement will be offset by the amount of the collateral management fee attributable to the CLO V Refinancing Issuer’s equity or notes owned by us. For further details, see “ITEM 1. – Notes to Consolidated Financial Statements – Note 6. Debt.”

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Significant Accounting Policies (Policies)

6 Months Ended

Jun. 30, 2023

Accounting Policies [Abstract]

Basis of Presentation

Basis of Presentation

The accompanying consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The Company is an investment company and, therefore, applies the specialized accounting and reporting guidance in Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies. In the opinion of management, all adjustments considered necessary for the fair presentation of the consolidated financial statements have been included. The Company was initially capitalized on March 1, 2016 and commenced operations on March 3, 2016. The Company’s fiscal year ends on December 31.

Use of Estimates

Use of Estimates

The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Actual amounts could differ from those estimates and such differences could be material.

Cash

Cash

Cash consists of deposits held at a custodian bank and restricted cash pledged as collateral. Cash is carried at cost, which approximates fair value. The Company deposits its cash with highly-rated banking corporations and, at times, may exceed the insured limits under applicable law.

Investments at Fair Value

Investments at Fair Value

Investment transactions are recorded on the trade date. Realized gains or losses are measured by the difference between the net proceeds received and the amortized cost basis of the investment using the specific identification method without regard to unrealized gains or losses previously recognized, and include investments charged off during the period, net of recoveries. The net change in unrealized gains or losses primarily reflects the change in investment values, including the reversal of previously recorded unrealized gains or losses with respect to investments realized during the period. Rule 2a-5 under the 1940 Act was adopted by the SEC in January 2021 and establishes requirements for determining fair value in good faith for purposes of the 1940 Act. The Company complied with the mandatory provisions of Rule 2a-5 by the September 2022 compliance date. Additionally, commencing with the fourth quarter of 2022, pursuant to Rule 2a-5, the Board designated the Adviser as the Company's valuation designee to perform fair value determinations relating to the value of assets held by the Company for which market quotations are not readily available.

Investments for which market quotations are readily available are typically valued at the average bid price of those market quotations. To validate market quotations, the Company utilizes a number of factors to determine if the quotations are representative of fair value, including the source and number of the quotations. Debt and equity securities that are not publicly traded or whose market prices are not readily available, as is the case for substantially all of the Company’s investments, are valued at fair value as determined in good faith by the Adviser, as the valuation designee, based on, among other things, the input of the independent third-party valuation firm(s) engaged at the direction of the Adviser.

As part of the valuation process, the Adviser, as the valuation designee, takes into account relevant factors in determining the fair value of the Company’s investments, including: the estimated enterprise value of a portfolio company (i.e., the total fair value of the portfolio company’s debt and equity), the nature and realizable value of any collateral, the portfolio company’s ability to make payments based on its earnings and cash flow, the markets in which the portfolio company does business, a comparison of the portfolio company’s securities to any similar publicly traded securities, and overall changes in the interest rate environment and the credit markets that may affect the price at which similar investments may be made in the future. When an external event such as a purchase or sale transaction, public offering or subsequent equity sale occurs, the Adviser, as the valuation designee, considers whether the pricing indicated by the external event corroborates its valuation.

The Adviser, as the valuation designee, undertakes a multi-step valuation process, which includes, among other procedures, the following:

•With respect to investments for which market quotations are readily available, those investments will typically be valued at the average bid price of those market quotations;

•With respect to investments for which market quotations are not readily available, the valuation process begins with the independent valuation firm(s) providing a preliminary valuation of each investment to the Adviser’s valuation committee;

•Preliminary valuation conclusions are documented and discussed with the Adviser’s valuation committee;

•The Adviser, as the valuation designee, reviews the recommended valuations and determines the fair value of each investment;

•Each quarter, the Adviser, as the valuation designee, will provide the Audit Committee a summary or description of material fair value matters that occurred in the prior quarter and on an annual basis, the Adviser, as the valuation designee, will provide the Audit Committee with a written assessment of the adequacy and effectiveness of its fair value process; and

•The Audit Committee oversees the valuation designee and will report to the Board on any valuation matters requiring the Board’s attention.

The Company conducts this valuation process on a quarterly basis.

The Company applies Financial Accounting Standards Board (“FASB”) Accounting Standards Codification 820, Fair Value Measurements (“ASC 820”), as amended, which establishes a framework for measuring fair value in accordance with U.S. GAAP and required disclosures of fair value measurements. ASC 820 determines fair value to be the price that would be received for an investment in a current sale, which assumes an orderly transaction between market participants on the measurement date. Market participants are defined as buyers and sellers in the principal or most advantageous market (which may be a hypothetical market) that are independent, knowledgeable, and willing and able to transact. In accordance with ASC 820, the Company considers its principal market to be the market that has the greatest volume and level of activity. ASC 820 specifies a fair value hierarchy that prioritizes and ranks the level of observability of inputs used in determination of fair value. In accordance with ASC 820, these levels are summarized below:

•Level 1 – Valuations based on quoted prices in active markets for identical assets or liabilities that the Company has the ability to access.

•Level 2 – Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly.

•Level 3 – Valuations based on inputs that are unobservable and significant to the overall fair value measurement.

Transfers between levels, if any, are recognized at the beginning of the period in which the transfer occurs. In addition to using the above inputs in investment valuations, the Company applies the valuation policy approved by its Board that is consistent with ASC 820. Consistent with the valuation policy, the Adviser, as the valuation designee, evaluates the source of the inputs, including any markets in which its investments are trading (or any markets in which securities with similar attributes are trading), in determining fair value. When an investment is valued based on prices provided by reputable dealers or pricing services (such as broker quotes), the Adviser, as the valuation designee, subjects those prices to various criteria in making the determination as to whether a particular investment would qualify for treatment as a Level 2 or Level 3 investment. For example, the Adviser, as the valuation designee, or the independent valuation firm(s), reviews pricing support provided by dealers or pricing services in order to determine if observable market information is being used, versus unobservable inputs.

Due to the inherent uncertainty of determining the fair value of investments that do not have a readily available market value, the fair value of the Company’s investments may fluctuate from period to period. Additionally, the fair value of such investments may differ significantly from the values that would have been used had a ready market existed for such investments and may differ materially from the values that may ultimately be realized. Further, such investments are generally less liquid than publicly traded securities and may be subject to contractual and other restrictions on resale. If the Company were required to liquidate a portfolio investment in a forced or liquidation sale, it could realize amounts that are different from the amounts presented and such differences could be material.

In addition, changes in the market environment and other events that may occur over the life of the investments may cause the gains or losses ultimately realized on these investments to be different than the unrealized gains or losses reflected herein.

Financial and Derivative Instruments

Financial and Derivative InstrumentsPursuant to ASC 815 Derivatives and Hedging, all derivative instruments entered into by the Company are designated as hedging instruments. For all derivative instruments designated as a hedge, the entire change in the fair value of the hedging instrument shall be recorded in the same line item of the Consolidated Statements of Operations as the hedged item. The Company’s derivative instruments are used to hedge the Company’s fixed rate debt, and therefore both the periodic payment and the change in fair value for the effective hedge, if applicable, will be recognized as components of interest expense in the Consolidated Statements of Operations. Fair value is estimated by discounting remaining payments using applicable current market rates, or market quotes, if available. Rule 18f-4 was adopted by the SEC in December 2020, and requires BDCs that use derivatives to, among other things, comply with a value-at-risk leverage limit, adopt a derivatives risk management program, and implement certain testing and board reporting procedures.

Foreign Currency

Foreign Currency

Foreign currency amounts are translated into U.S. dollars on the following basis:

•cash, fair value of investments, outstanding debt, other assets and liabilities: at the spot exchange rate on the last business day of the period; and

•purchases and sales of investments, borrowings and repayments of such borrowings, income and expenses: at the rates of exchange prevailing on the respective dates of such transactions.

The Company includes net changes in fair values on investments held resulting from foreign exchange rate fluctuations with the change in unrealized gains (losses) on translation of assets and liabilities in foreign currencies on the Consolidated Statements of Operations. The Company’s current approach to hedging the foreign currency exposure in its non-U.S. dollar denominated investments is primarily to borrow the par amount in local currency under the Company’s Revolving Credit Facility to fund these investments. Fluctuations arising from the translation of foreign currency borrowings are included with the net change in unrealized gains (losses) on translation of assets and liabilities in foreign currencies on the Consolidated Statements of Operations.Investments denominated in foreign currencies and foreign currency transactions may involve certain considerations and risks not typically associated with those of domestic origin, including unanticipated movements in the value of the foreign currency relative to the U.S. dollar.

Interest and Dividend Income Recognition and Other Income

Interest and Dividend Income Recognition

Interest income is recorded on the accrual basis and includes amortization or accretion of premiums or discounts. Certain investments may have contractual payment-in-kind (“PIK”) interest or dividends. PIK interest and dividends represent accrued interest or dividends that are added to the principal amount or liquidation amount of the investment on the respective interest or dividend payment dates rather than being paid in cash and generally becomes due at maturity or at the occurrence of a liquidation event. For the three and six months ended June 30, 2023, PIK interest and PIK dividend income earned was $53.5 million and $106.4 million, representing 13.6% and 13.8% of investment income, respectively. For the three and six months ended June 30, 2022, PIK interest and PIK dividend income earned was $32.1 million and $59.6 million million, representing 11.7% and 11.1% of investment income, respectively. Discounts to par value on securities purchased are amortized into interest income over the contractual life of the respective security using the effective yield method. Premiums to par value on securities purchased are amortized to first call date. The amortized cost of investments represents the original cost adjusted for the amortization or accretion of premiums or discounts, if any. Upon prepayment of a loan or debt security, any prepayment premiums, unamortized upfront loan origination fees and unamortized discounts are recorded as interest income in the current period.

Loans are generally placed on non-accrual status when there is reasonable doubt that principal or interest will be collected in full. Accrued interest is generally reversed when a loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as income or applied to principal depending upon management’s judgment regarding collectability. If at any point the Company believes PIK interest or dividends are not expected to be realized, the investment generating PIK interest or dividends will be placed on non-accrual status. When a PIK investment is placed on non-accrual status, the accrued, uncapitalized interest or dividends are generally reversed through interest income. Non-accrual loans are restored to accrual status when past due principal and interest is paid current and, in management’s judgment, are likely to remain current. Management may make exceptions to this treatment and determine to not place a loan on non-accrual status if the loan has sufficient collateral value and is in the process of collection.

Dividend income on preferred equity securities is recorded on the accrual basis to the extent that such amounts are payable by the portfolio company and are expected to be collected. Dividend income on common equity securities is recorded on the record date for private portfolio companies or on the ex-dividend date for publicly-traded portfolio companies.

Other Income

From time to time, the Company may receive fees for services provided to portfolio companies. These fees are generally only available to the Company as a result of closing investments, are generally paid at the closing of the investments, are generally non-recurring and are recognized as revenue when earned upon closing of the investment. The services that the Adviser provides vary by investment, but can include closing, work, diligence or other similar fees and fees for providing managerial assistance to our portfolio companies.

Offering Expenses and Distributions to Common Shareholders

Offering Expenses

Costs associated with the private placement offering of common shares of the Company were capitalized as deferred offering expenses and included in prepaid expenses and other assets in the Consolidated Statements of Assets and Liabilities and were amortized over a twelve-month period from incurrence. The Company records expenses related to public equity offerings as a reduction of capital upon completion of an offering of registered securities. The costs associated with renewals of the Company’s shelf registration statement will be expensed as incurred.

Distributions to Common Shareholders

Distributions to common shareholders are recorded on the record date. The amount to be distributed is determined by the Board and is generally based upon the earnings estimated by the Adviser. In addition, the Board may consider the level of undistributed taxable income carried forward from the prior year for distribution in the current year. Net realized long-term capital gains, if any, would generally be distributed at least annually, although the Company may decide to retain such capital gains for investment.

The Company has adopted a dividend reinvestment plan that provides for reinvestment of any cash distributions on behalf of shareholders, unless a shareholder elects to receive cash. As a result, if the Board authorizes and declares a cash distribution, then the shareholders who have not “opted out” of the dividend reinvestment plan will have their cash distribution automatically reinvested in additional shares of the Company’s common stock, rather than receiving the cash distribution. The Company expects to use newly issued shares or shares purchased in the open-market to implement the dividend reinvestment plan.

Debt Issuance Costs

Debt Issuance Costs

The Company records origination and other expenses related to its debt obligations as deferred financing costs. These expenses are deferred and amortized utilizing the effective yield method, over the life of the related debt instrument. Debt issuance costs are presented on the Consolidated Statements of Assets and Liabilities as a direct deduction from the debt liability. In circumstances in which there is not an associated debt liability amount recorded in the consolidated financial statements when the debt issuance costs are incurred, such debt issuance costs will be reported on the Consolidated Statements of Assets and Liabilities as an asset until the debt liability is recorded.

Reimbursement of Transaction-Related Expenses

Reimbursement of Transaction-Related Expenses

The Company may receive reimbursement for certain transaction-related expenses in pursuing investments. Transaction-related expenses, which are generally expected to be reimbursed by the Company’s portfolio companies, are typically deferred until the transaction is consummated and are recorded in prepaid expenses and other assets on the date incurred. The costs of successfully completed investments not otherwise reimbursed are borne by the Company and are included as a component of the investment’s cost basis.

Cash advances received in respect of transaction-related expenses are recorded as cash with an offset to accrued expenses and other liabilities. Accrued expenses and other liabilities are relieved as reimbursable expenses are incurred.

Income Taxes

Income Taxes

The Company has elected to be treated as a BDC under the 1940 Act. The Company has elected to be treated as a RIC under the Code beginning with its taxable year ending December 31, 2016 and intends to continue to qualify as a RIC. So long as the Company maintains its tax treatment as a RIC, it generally will not pay U.S. federal income taxes at corporate rates on any ordinary income or capital gains that it distributes at least annually to its shareholders as dividends. Instead, any tax liability related to income earned and distributed by the Company represents obligations of the Company’s investors and will not be reflected in the consolidated financial statements of the Company.

To qualify as a RIC, the Company must, among other things, meet certain source-of-income and asset diversification requirements. In addition, to qualify for RIC tax treatment, the Company must distribute to its shareholders, for each taxable year, at least 90% of its “investment company taxable income” for that year, which is generally its ordinary income plus the excess of its realized net short-term capital gains over its realized net long-term capital losses. In order for the Company not to be subject to U.S. federal excise taxes, it must distribute annually an amount at least equal to the sum of (i) 98% of its net ordinary income (taking into account certain deferrals and elections) for the calendar year, (ii) 98.2% of its capital gains in excess of capital losses for the one-year period ending on October 31 of the calendar year and (iii) any net ordinary income and capital gains in excess of capital losses for preceding years that were not distributed during such years. The Company, at its discretion, may carry forward taxable income in excess of calendar year dividends and pay a 4% nondeductible U.S. federal excise tax on this income.

Certain of the Company’s consolidated subsidiaries are subject to U.S. federal and state corporate-level income taxes.

The Company evaluates tax positions taken or expected to be taken in the course of preparing its consolidated financial statements to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions not deemed to meet the “more-likely-than-not” threshold are reserved and recorded as a tax benefit or expense in the current year. All penalties and interest associated with income taxes are included in income tax expense. Conclusions regarding tax positions are subject to review and may be adjusted at a later date based on factors including, but not limited to, on-going analyses of tax laws, regulations and interpretations thereof. There were no material uncertain tax positions through December 31, 2022. As applicable, the Company’s prior three tax years remain subject to examination by U.S. federal, state and local tax authorities.

Consolidation

Consolidation

As provided under Regulation S-X and ASC Topic 946 – Financial Services – Investment Companies, the Company will generally not consolidate its investment in a company other than a wholly-owned investment company or controlled operating company whose business consists of providing services to the Company. Accordingly, the Company consolidated the accounts of the Company’s wholly-owned subsidiaries that meet the aforementioned criteria in its consolidated financial statements. All significant intercompany balances and transactions have been eliminated in consolidation.

The Company does not consolidate its equity interest in Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC) ("OBDC SLF"), Wingspire Capital Holdings LLC (“Wingspire”), Fifth Season Investment LLC (fka Chapford SMA Partnership, L.P.) ("Fifth Season"), or AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, "Amergin AssetCo").

New Accounting Pronouncements

New Accounting Pronouncements

In March 2020, the FASB issued ASU No. 2020-04, “Reference Rate Reform (Topic 848),” which provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts, hedging relationships, and other transactions that reference London Interbank Offered Rate (“LIBOR”) or another reference rate expected to be discontinued because of reference rate reform. In January 2021, the FASB issued ASU No. 2021-01, “Reference Rate Reform (Topic 848),” which expanded the scope of Topic 848 to include derivative instruments impacted by discounting transition. In December 2022, the FASB issued ASU No. 2022-06, “Reference Rate Reform (Topic 848),” which extended the transition period provided under ASU No. 2020-04 and 2021-01 for all entities from December 31, 2022 to December 31, 2024. ASU No. 2021-01 provides increased clarity as the Company continues to evaluate the transition of reference rates and is currently evaluating the impact of adopting ASU No. 2020-04, 2021-01 and 2022-06 on the consolidated financial statements.

In June 2022, the FASB issued ASU No. 2022-03, “Fair Value Measurement (Topic 820),” which clarifies the guidance in Topic 820 when measuring the fair value of an equity security subject to contractual restrictions that prohibit the sale of an equity security and introduces new disclosure requirements for equity securities subject to contractual sale restrictions that are measured at fair value in accordance with Topic 820. The amendments affect all entities that have investments in equity securities measured at fair value that are subject to a contractual sale restriction. ASU 2022-03 is effective for public business entities for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. For all other entities the amendments are effective for fiscal years beginning after December 15, 2024, and interim periods within those fiscal years. Early adoption is permitted for both interim and annual financial statements that have not yet been issued or made available for issuance. An entity that qualifies as an investment company under Topic 946 should apply the amendments in ASU No. 2022-03 to an investment in an equity security subject to a contractual sale restriction that is executed or modified on or after the date of adoption. The Company is currently evaluating the impact of adopting ASU No. 2022-03 on the consolidated financial statements.

Other than the aforementioned guidance, the Company’s management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the accompanying consolidated financial statements.

XML

Investments (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Investments [Abstract]

Schedule of Investments

The table below presents the composition of investments at fair value and amortized cost as of the following periods:

	June 30, 2023				December 31, 2022
($ in thousands)	Amortized Cost		Fair Value		Amortized Cost		Fair Value
First-lien senior secured debt investments	$	8,954,884	$	8,898,911	$	9,388,499	$	9,279,179
Second-lien senior secured debt investments	1,889,071		1,822,865		1,934,274		1,860,978
Unsecured debt investments	284,905		273,372		270,714		248,019
Preferred equity investments(3)	403,517		400,625		361,690		355,261
Common equity investments(1)	906,255		1,132,742		772,116		977,927
Joint ventures(2)(4)	385,339		364,428		318,839		288,981
Total Investments	$	12,823,971	$	12,892,943	$	13,046,132	$	13,010,345

_______________

(1)Includes equity investment in Wingspire, Amergin AssetCo, and Fifth Season.

(2)Includes equity investment in OBDC SLF. See below, within Note 4, for more information regarding OBDC SLF.

(3)Includes equity investment in LSI Financing.

(4)This was disclosed as “Investment funds and vehicles” as of December 31, 2022.

The table below presents the industry composition of investments based on fair value as of the following periods:

	June 30, 2023		December 31, 2022
Advertising and media	1.5	%	1.5	%
Aerospace and defense	2.9		2.8
Asset based lending and fund finance(1)	5.7		4.9
Automotive	2.0		1.5
Buildings and real estate	3.8		3.7
Business services	3.0		2.9
Chemicals	1.5		1.6
Consumer products	3.9		3.9
Containers and packaging	1.3		1.3
Distribution	3.6		4.2
Education	1.0		1.0
Financial services	4.1		5.0
Food and beverage	6.4		6.7
Healthcare equipment and services	4.0		3.9
Healthcare providers and services	4.6		4.5
Healthcare technology	4.7		4.8
Household products	2.3		2.1
Human resource support services	1.5		1.5
Infrastructure and environmental services	1.3		1.2
Insurance(3)	9.8		9.3
Internet software and services	13.4		13.3
Joint ventures(2)(5)	2.8		2.2
Leisure and entertainment	1.8		2.2
Manufacturing	5.7		5.8
Oil and gas	0.3		0.8
Pharmaceuticals(4)	0.2		—
Professional services	4.0		3.5
Specialty retail	2.2		2.2
Transportation	0.7		1.7
Total	100.0	%	100.0	%

_______________

(1)Includes equity investment in Wingspire and Amergin AssetCo.

(2)Includes equity investment in OBDC SLF. See below, within Note 4, for more information regarding OBDC SLF.

(3)Includes equity investment in Fifth Season.

(4)Includes equity investment in LSI Financing.

(5)This was disclosed as “Investment funds and vehicles” as of December 31, 2022.

The table below presents the geographic composition of investments based on fair value as of the following periods:

	June 30, 2023		December 31, 2022
United States:
Midwest	18.0	%	17.5	%
Northeast	21.1		20.4
South	32.9		34.4
West	20.7		20.6
International	7.3		7.1
Total	100.0	%	100.0	%

The tables below presents a summary of OBDC SLF’s portfolio as well as a listing of the portfolio investments in its portfolio as of the following periods:

($ in thousands)	June 30, 2023			December 31, 2022
Total senior secured debt investments(1)	$	1,139,146		$	1,045,865
Weighted average spread over base rate(1)	4.17		%	4.05		%
Number of portfolio companies	61			56
Largest funded investment to a single borrower(1)	40,062			40,272

_______________

(1)At par.

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of June 30, 2023 ($ in thousands) (Unaudited)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Debt Investments
Aerospace and defense
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(15)	First lien senior secured loan	S +	6.00%	1/2025	$	33,932	$	33,812	$	29,191	7.0	%
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(13)(15)	First lien senior secured revolving loan	S +	6.00%	1/2025	3,000		2,997		2,581		0.6	%
Bleriot US Bidco Inc.(9)(15)	First lien senior secured loan	S +	4.00%	10/2026	25,239		25,162		25,201		6.1	%
Dynasty Acquisition Co., Inc. (dba StandardAero Limited)(9)(14)	First lien senior secured loan	S +	3.50%	4/2026	38,500		38,416		38,132		9.1	%
					100,671		100,387		95,105		22.8	%
Automotive
Holley, Inc.(9)(15)	First lien senior secured loan	S +	3.75%	11/2028	23,069		22,938		19,657		4.7	%
Mavis Tire Express Services Topco Corp.(9)(14)	First lien senior secured loan	S +	4.00%	5/2028	2,910		2,892		2,881		0.7	%
PAI Holdco, Inc.(7)(9)	First lien senior secured loan	L +	3.75%	10/2027	13,776		13,389		12,733		3.1	%
					39,755		39,219		35,271		8.5	%
Buildings and Real estate
CoreLogic Inc.(6)(9)	First lien senior secured loan	L +	3.50%	6/2028	7,307		6,853		6,588		1.6	%
Wrench Group, LLC.(9)(15)	First lien senior secured loan	S +	4.00%	4/2026	31,842		31,748		31,458		7.6	%
					39,149		38,601		38,046		9.2	%
Business Services
Capstone Acquisition Holdings, Inc.(14)	First lien senior secured loan	S +	4.75%	11/2027	14,296		14,195		14,260		3.4	%
Capstone Acquisition Holdings, Inc.(13)(14)	First lien senior secured delayed draw term loan	S +	4.75%	11/2027	913		907		911		0.2	%
CoolSys, Inc.(9)(15)	First lien senior secured loan	S +	4.75%	8/2028	23,141		22,314		21,186		5.1	%
CoolSys, Inc.(9)(10)(12)(13)(15)	First lien senior secured delayed draw term loan	S +	4.75%	8/2023	322		172		(30)		—	%
ConnectWise, LLC(6)(9)	First lien senior secured loan	L +	3.50%	9/2028	16,745		16,679		16,274		3.9	%
LABL, Inc.(9)(14)	First lien senior secured loan	S +	5.00%	10/2028	4,796		4,739		4,742		1.1	%
Packers Holdings, LLC(9)(14)	First lien senior secured loan	S +	3.25%	3/2028	16,100		15,800		11,106		2.7	%
					76,313		74,806		68,449		16.4	%
Chemicals
Aruba Investments Holdings LLC (dba Angus Chemical Company)(6)(9)	First lien senior secured loan	L +	4.00%	11/2027	17,784		17,407		17,131		4.1	%
Cyanco Intermediate Corp.(14)	First lien senior secured loan	S +	4.75%	7/2028	4,999		4,850		4,850		1.2	%
					22,783		22,257		21,981		5.3	%
Consumer Products
Olaplex, Inc.(9)(14)	First lien senior secured loan	S +	3.50%	2/2029	25,063		24,205		23,371		5.6	%
					25,063		24,205		23,371		5.6	%

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of June 30, 2023 ($ in thousands) (Unaudited)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(3)	Fair Value	Percentage of Members' Equity
Containers and Packaging
BW Holding, Inc.(15)	First lien senior secured loan	S +	4.00%	12/2028	12,135	11,924	11,063	2.7	%
Five Star Lower Holding LLC(9)(16)	First lien senior secured loan	S +	4.25%	5/2029	25,691	25,370	25,294	6.0	%
Ring Container Technologies Group, LLC (dba Ring Container Technologies)(9)(14)	First lien senior secured loan	S +	3.50%	8/2028	24,625	24,578	24,497	5.9	%
Valcour Packaging, LLC(8)(9)	First lien senior secured loan	L +	3.75%	10/2028	6,913	6,894	5,810	1.4	%
					69,364	68,766	66,664	16.0	%
Distribution
BCPE Empire Holdings, Inc. (dba Imperial-Dade)(9)(14)	First lien senior secured loan	S +	4.75%	12/2028	24,750	23,825	24,661	5.9	%
Dealer Tire, LLC(9)(14)	First lien senior secured loan	S +	4.50%	12/2027	35,803	35,005	35,624	8.6	%
SRS Distribution, Inc.(6)(9)	First lien senior secured loan	L +	3.50%	6/2028	9,825	9,770	9,530	2.3	%
					70,378	68,600	69,815	16.8	%
Education
Spring Education Group, Inc. (fka SSH Group Holdings, Inc.)(7)(9)	First lien senior secured loan	L +	4.00%	7/2025	33,337	33,303	33,039	7.9	%
Sophia, L.P.(14)	First lien senior secured loan	S +	4.25%	10/2027	19,800	19,639	19,751	4.7	%
					53,137	52,942	52,790	12.6	%
Food and beverage
Balrog Acquisition, Inc. (dba Bakemark)(9)(15)	First lien senior secured loan	S +	4.00%	9/2028	24,625	24,424	24,263	5.8	%
Dessert Holdings(7)	First lien senior secured loan	L +	4.00%	6/2028	25,588	25,443	23,413	5.6	%
Naked Juice LLC (dba Tropicana)(9)(15)	First lien senior secured loan	S +	3.25%	1/2029	1,980	1,976	1,838	0.4	%
Sovos Brands Intermediate, Inc.(7)(9)	First lien senior secured loan	L +	3.50%	6/2028	20,724	20,686	20,465	4.9	%
					72,917	72,529	69,979	16.7	%
Healthcare equipment and services
Cadence, Inc.(15)	First lien senior secured loan	S +	5.00%	5/2025	26,300	26,097	25,480	6.1	%
Cadence, Inc.(10)(15)	First lien senior secured revolving loan	S +	5.00%	5/2026	2,202	2,106	2,133	0.5	%
Cadence, Inc.(10)(13)(15)	First lien senior secured revolving loan	S +	5.04%	5/2024	4,095	4,076	3,867	0.9	%
Confluent Medical Technologies, Inc.(15)	First lien senior secured loan	S +	3.75%	2/2029	4,938	4,917	4,863	1.2	%
Medline Intermediate, LP(9)(14)	First lien senior secured loan	S +	3.25%	10/2028	24,688	24,593	24,386	5.9	%
Packaging Coordinators Midco, Inc.(9)(15)	First lien senior secured loan	S +	3.50%	11/2027	4,912	4,903	4,834	1.2	%
					67,135	66,692	65,563	15.8	%
Healthcare providers and services
Confluent Health, LLC(14)	First lien senior secured loan	S +	4.00%	11/2028	24,715	24,616	23,109	5.5	%
Corgi Bidco, Inc.(9)(15)	First lien senior secured loan	S +	5.00%	10/2029	14,963	14,136	13,903	3.3	%
HAH Group Holding Company LLC(14)	First lien senior secured loan	S +	5.00%	10/2027	8,986	8,730	8,761	2.1	%
Phoenix Newco, Inc. (dba Parexel)(9)(14)	First lien senior secured loan	S +	3.25%	11/2028	27,156	27,048	26,912	6.5	%
Physician Partners, LLC(9)(14)	First lien senior secured loan	S +	4.00%	12/2028	9,875	9,792	9,258	2.2	%
					85,695	84,322	81,943	19.6	%

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of June 30, 2023 ($ in thousands) (Unaudited)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(3)	Fair Value	Percentage of Members' Equity
Healthcare technology
Athenahealth, Inc.(14)	First lien senior secured loan	S +	3.50%	2/2029	17,651	17,581	16,968	4.1	%
Athenahealth, Inc.(9)(10)(11)(12)(13)	First lien senior secured delayed draw term loan	S +	3.50%	8/2023	—	(3)	(73)	—	%
Bracket Intermediate Holding Corp. (15)	First lien senior secured loan	S +	5.00%	5/2028	19,999	19,415	19,600	4.7	%
Imprivata, Inc.(9)(14)	First lien senior secured loan	S +	4.25%	12/2027	19,800	19,207	19,493	4.7	%
PointClickCare Technologies Inc.(15)	First lien senior secured loan	S +	4.00%	12/2027	9,875	9,755	9,875	2.4	%
					67,325	65,955	65,863	15.9	%
Infrastructure and environmental services
CHA Holding, Inc.(15)	First lien senior secured loan	S +	4.50%	4/2025	40,062	39,937	39,661	9.4	%
					40,062	39,937	39,661	9.4	%
Insurance
Acrisure, LLC(9)(15)	First lien senior secured loan	S +	5.75%	2/2027	9,950	9,513	9,975	2.4	%
AssuredPartners, Inc.(9)(14)	First lien senior secured loan	S +	4.25%	2/2027	4,963	4,811	4,947	1.2	%
Asurion, LLC(7)(9)	First lien senior secured loan	L +	3.00%	11/2024	7,910	7,902	7,898	1.9	%
Broadstreet Partners, Inc.(9)(14)	First lien senior secured loan	S +	4.00%	1/2029	4,999	4,939	4,964	1.2	%
Integro Parent Inc.(15)	First lien senior secured loan	S +	12.25% (PIK)	10/2024	3,446	3,446	3,440	0.8	%
Integro Parent Inc.(10)(15)	First lien senior secured revolving loan	S +	4.50%	10/2024	694	694	693	0.2	%
Hyperion Refinance S.à r.l (dba Howden Group)(9)(14)	First lien senior secured loan	S +	5.10%	4/2030	19,950	19,174	19,850	4.8	%
					51,912	50,479	51,767	12.5	%
Internet software and services
Barracuda Networks, Inc.(9)(15)	First lien senior secured loan	S +	4.50%	8/2029	24,875	24,203	23,962	5.8	%
CDK Global, Inc.(9)(15)	First lien senior secured loan	S +	4.25%	7/2029	24,875	24,211	24,788	6.0	%
DCert Buyer, Inc. (dba DigiCert)(9)(15)	First lien senior secured loan	S +	4.00%	10/2026	21,880	21,819	21,654	5.2	%
Fortra, LLC (f/k/a Help/Systems Holdings, Inc.)(9)(15)	First lien senior secured loan	S +	4.00%	11/2026	14,771	14,697	13,442	3.2	%
					86,401	84,930	83,846	20.2	%
Manufacturing
Engineered Machinery Holdings (dba Duravant)(7)(9)	First lien senior secured loan	L +	3.50%	5/2028	34,474	34,344	33,758	8.1	%
Gloves Buyer, Inc. (dba Protective Industrial Products)(14)	First lien senior secured loan	S +	4.00%	12/2027	14,800	14,647	14,689	3.6	%
Pro Mach Group, Inc.(6)(9)	First lien senior secured loan	L +	4.00%	8/2028	24,632	24,535	24,551	5.9	%
					73,906	73,526	72,998	17.6	%
Professional Services
Apex Group Treasury, LLC(7)(9)	First lien senior secured loan	L +	3.75%	7/2028	32,520	32,426	32,030	7.6	%
Sovos Compliance, LLC(9)(14)	First lien senior secured loan	S +	4.50%	8/2028	25,390	25,256	24,448	5.9	%
					57,910	57,682	56,478	13.5	%

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of June 30, 2023 ($ in thousands) (Unaudited)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Telecommunications
EOS U.S. Finco LLC(14)	First lien senior secured loan	S +	6.00%	10/2029	9,609		9,011		9,417		2.3	%
EOS U.S. Finco LLC(10)	First lien senior secured loan	S +	6.00%	10/2029	—		(63)		—		—	%
Park Place Technologies, LLC(9)(14)	First lien senior secured loan	S +	5.00%	11/2027	14,811		14,406		14,362		3.4	%
					24,420		23,354		23,779		5.7	%
Transportation
Safe Fleet Holdings(14)	First lien senior secured loan	S +	5.00%	2/2029	14,850		14,454		14,850		3.6	%
					14,850		14,454		14,850		3.6	%
Total Debt Investments					$	1,139,146	$	1,123,643	$	1,098,219	263.7	%
Total Investments					$	1,139,146	$	1,123,643	$	1,098,219	263.7	%

_______________

(1)Certain portfolio company investments are subject to contractual restrictions on sales.

(2)Unless otherwise indicated, OBDC SLF’s investments are pledged as collateral supporting the amounts outstanding under OBDC SLF’s credit facility.

(3)The amortized cost represents the original cost adjusted for the amortization or accretion of premiums or discounts, as applicable, on debt investments using the effective interest method.

(4)Unless otherwise indicated, all investments are considered Level 3 investments.

(5)Unless otherwise indicated, loan contains a variable rate structure and may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the London Interbank Offered Rate (“LIBOR” or “L”) (which can include one-, two-, three- or six-month LIBOR), Secured Overnight Financing Rate ("SOFR" or "S," which can include one-, three- or six- month SOFR), or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.

(6)The interest rate on these loans is subject to 1 month LIBOR, which as of June 30, 2023 was 5.22%.

(7)The interest rate on these loans is subject to 3 month LIBOR, which as of June 30, 2023 was 5.55%.

(8)The interest rate on these loans is subject to 6 month LIBOR, which as of June 30, 2023 was 5.76%.

(9)Level 2 investment.

(10)Position or portion thereof is an unfunded loan commitment.

(11)The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

(12)The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

(13)Investment is not pledged as collateral under OBDC SLF’s credit facilities.

(14)The interest rate on these loans is subject to 1 month SOFR, which as of June 30, 2023 was 5.14%.

(15)The interest rate on these loans is subject to 3 month SOFR, which as of June 30, 2023 was 5.27%.

(16)The interest rate on these loans is subject to 6 month SOFR, which as of June 30, 2023 was 5.39%.

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of December 31, 2022 ($ in thousands)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Debt Investments
Aerospace and defense
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(7)	First lien senior secured loan	L +	6.00%	1/2025	$	34,111	$	33,956	$	33,305	10.1	%
Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC)(7)(13)	First lien senior secured revolving loan	L +	6.00%	1/2025	3,000		2,995		2,928		0.9	%
Bleriot US Bidco Inc.(7)	First lien senior secured loan	L +	4.00%	10/2026	25,368		25,282		25,049		7.6	%
Dynasty Acquisition Co., Inc. (dba StandardAero Limited)(14)	First lien senior secured loan	S +	3.50%	4/2026	38,700		38,602		36,813		11.0	%
					101,179		100,835		98,095		29.6	%
Automotive
Holley, Inc.(7)(9)	First lien senior secured loan	L +	3.75%	11/2028	23,202		23,060		20,025		6.1	%
Mavis Tire Express Services Topco Corp. (9) (14)	First lien senior secured loan	S +	4.00%	5/2028	2,925		2,905		2,785		0.8	%
PAI Holdco, Inc.(7)	First lien senior secured loan	L +	3.75%	10/2027	9,887		9,767		8,700		2.6	%
					36,014		35,732		31,510		9.5	%
Buildings and Real estate
CoreLogic Inc. (6)(9)	First lien senior secured loan	L +	3.50%	6/2028	12,357		11,545		10,273		3.1	%
Wrench Group, LLC.(7)	First lien senior secured loan	L +	4.00%	4/2026	32,008		31,898		30,890		9.5	%
					44,365		43,443		41,163		12.6	%
Business Services
Capstone Acquisition Holdings, Inc. (6)	First lien senior secured loan	L +	4.75%	11/2027	4,953		4,916		4,941		1.5	%
Capstone Acquisition Holdings, Inc. (6)	First lien senior secured delayed draw term loan	L +	4.75%	11/2027	334		331		333		0.1	%
CoolSys, Inc.(7)	First lien senior secured loan	L +	4.75%	8/2028	13,932		13,817		11,250		3.4	%
CoolSys, Inc.(10)(11)(12)(13)	First lien senior secured delayed draw term loan	L +	4.75%	8/2023	—		(19)		(467)		—	%
ConnectWise, LLC(6)(9)	First lien senior secured loan	L +	3.50%	9/2028	16,830		16,759		15,951		4.8	%
LABL, Inc.(6)	First lien senior secured loan	L +	5.00%	10/2028	7,920		7,819		7,496		2.3	%
Packers Holdings, LLC(6)	First lien senior secured loan	L +	3.25%	3/2028	21,066		20,679		18,327		5.5	%
					65,035		64,302		57,831		17.6	%
Chemicals
Aruba Investments Holdings LLC (dba Angus Chemical Company)(6)	First lien senior secured loan	L +	3.75%	11/2027	15,874		15,525		15,398		4.7	%
					15,874		15,525		15,398		4.7	%
Consumer Products
Olaplex, Inc.(14)	First lien senior secured loan	S +	3.50%	2/2029	14,925		14,892		14,030		4.2	%
					14,925		14,892		14,030		4.2	%
Containers and Packaging
BW Holding, Inc.(15)	First lien senior secured loan	S +	4.00%	12/2028	12,197		11,971		11,221		3.4	%
Five Star Lower Holding LLC (16)	First lien senior secured loan	S +	4.25%	5/2029	21,820		21,540		21,275		6.4	%
Ring Container Technologies Group, LLC (dba Ring Container Technologies)(6)	First lien senior secured loan	L +	3.50%	8/2028	24,750		24,699		24,379		7.4	%
Valcour Packaging, LLC (8)	First lien senior secured loan	L +	3.75%	10/2028	6,948		6,927		6,218		1.9	%
					65,715		65,137		63,093		19.1	%

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of December 31, 2022 ($ in thousands)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units	Amortized Cost(3)	Fair Value	Percentage of Members' Equity
Distribution
BCPE Empire Holdings, Inc. (dba Imperial-Dade) (9)(14)	First lien senior secured loan	S +	4.63%	6/2026	24,813	24,044	24,068	7.3	%
Dealer Tire, LLC(14)	First lien senior secured loan	S +	4.50%	12/2025	35,982	35,091	35,563	10.7	%
SRS Distribution, Inc.(7)	First lien senior secured loan	L +	3.50%	6/2028	9,875	9,816	9,431	2.9	%
					70,670	68,951	69,062	20.9	%
Education
Spring Education Group, Inc. (fka SSH Group Holdings, Inc.)(7)	First lien senior secured loan	L +	4.00%	7/2025	33,512	33,470	32,646	9.9	%
Sophia, L.P. (14)	First lien senior secured loan	S +	4.25%	10/2027	19,900	19,723	19,850	6.0	%
					53,412	53,193	52,496	15.9	%
Food and beverage
Balrog Acquisition, Inc. (dba Bakemark)(7)	First lien senior secured loan	L +	4.00%	9/2028	24,750	24,533	24,193	7.3	%
Dessert Holdings(7)	First lien senior secured loan	L +	4.00%	6/2028	25,718	25,560	23,789	7.2	%
Eagle Parent Corp.(9)(15)	First lien senior secured loan	S +	4.25%	4/2029	2,722	2,661	2,668	0.8	%
Naked Juice LLC (dba Tropicana)(9)(15)	First lien senior secured loan	S +	3.25%	1/2029	1,990	1,986	1,775	0.5	%
Sovos Brands Intermediate, Inc.(7)(9)	First lien senior secured loan	L +	3.50%	6/2028	20,724	20,683	20,138	6.1	%
					75,904	75,423	72,563	21.9	%
Healthcare equipment and services
Cadence, Inc.(6)	First lien senior secured loan	L +	5.00%	5/2025	28,640	28,277	27,793	8.4	%
Cadence, Inc.(6)(10)(13)	First lien senior secured revolving loan	L +	5.00%	5/2024	2,921	2,892	2,704	0.8	%
Confluent Medical Technologies, Inc.(15)	First lien senior secured loan	S +	3.75%	2/2029	4,963	4,940	4,702	1.4	%
Medline Intermediate, LP(6)(9)	First lien senior secured loan	L +	3.25%	10/2028	24,813	24,710	23,547	7.1	%
Packaging Coordinators Midco, Inc.(7)(9)	First lien senior secured loan	L +	3.50%	11/2027	4,937	4,927	4,672	1.4	%
					66,274	65,746	63,418	19.1	%
Healthcare providers and services
Confluent Health, LLC(6)	First lien senior secured loan	L +	4.00%	11/2028	20,419	20,331	20,011	6.1	%
Confluent Health, LLC(6)(10)(12)(13)	First lien senior secured delayed draw term loan	L +	4.00%	11/2023	2,514	2,496	2,426	0.7	%
Corgi Bidco, Inc.(9)(15)	First lien senior secured loan	S +	5.00%	10/2029	15,000	14,126	14,018	4.2	%
Phoenix Newco, Inc. (dba Parexel)(6)(9)	First lien senior secured loan	L +	3.25%	11/2028	27,294	27,177	26,240	7.9	%
Physician Partners, LLC(9)(14)	First lien senior secured loan	S +	4.00%	12/2028	9,925	9,836	9,434	2.9	%
					75,152	73,966	72,129	21.8	%
Healthcare technology
Athenahealth, Inc.(9)(14)	First lien senior secured loan	S +	3.50%	2/2029	17,741	17,665	15,974	4.8	%
Athenahealth, Inc.(9)(10)(11)(12)(13)(14)	First lien senior secured delayed draw term loan	S +	3.50%	8/2023	—	(4)	(206)	—	%
Imprivata, Inc.(14)	First lien senior secured loan	S +	4.25%	12/2027	19,900	19,305	19,154	5.8	%
PointClickCare Technologies Inc.(15)	First lien senior secured loan	S +	4.00%	12/2027	9,925	9,794	9,751	3.0	%
					47,566	46,760	44,673	13.6	%

Blue Owl Capital Corporation Senior Loan Fund's Portfolio as of December 31, 2022 ($ in thousands)
Company(1)(2)(4)(5)	Investment	Interest		Maturity Date	Par / Units		Amortized Cost(3)		Fair Value		Percentage of Members' Equity
Infrastructure and environmental services
CHA Holding, Inc.(7)	First lien senior secured loan	L +	4.50%	4/2025	40,272		40,115		39,466		11.9	%
					40,272		40,115		39,466		11.9	%
Insurance
Acrisure, LLC(15)	First lien senior secured loan	S +	5.75%	2/2027	10,000		9,513		9,900		3.0	%
AssuredPartners, Inc.(6)	First lien senior secured loan	L +	4.25%	2/2027	4,988		4,822		4,875		1.5	%
Integro Parent Inc.(15)	First lien senior secured loan	S +	10.25%	10/2024	3,649		3,648		3,638		1.1	%
Integro Parent Inc.(15)	First lien senior secured revolving loan	S +	10.25%	10/2024	736		736		733		0.2	%
					19,373		18,719		19,146		5.8	%
Internet software and services
Barracuda Networks, Inc. (15)	First lien senior secured loan	S +	4.50%	8/2029	25,000		24,282		24,063		7.3	%
CDK Global, Inc.(9)(15)	First lien senior secured loan	S +	4.50%	7/2029	25,000		24,292		24,745		7.5	%
DCert Buyer, Inc. (dba DigiCert)(9)(16)	First lien senior secured loan	S +	4.00%	10/2026	21,993		21,925		21,214		6.4	%
Help/Systems Holdings, Inc.(15)	First lien senior secured loan	S +	4.00%	11/2026	14,847		14,773		13,325		4.0	%
					86,840		85,272		83,347		25.2	%
Manufacturing
Engineered Machinery Holdings (dba Duravant)(7)	First lien senior secured loan	L +	3.75%	5/2028	34,649		34,508		33,483		10.1	%
Gloves Buyer, Inc. (dba Protective Industrial Products)(6)	First lien senior secured loan	L +	4.00%	12/2027	14,875		14,706		14,763		4.7	%
Pro Mach Group, Inc.(6)(9)	First lien senior secured loan	L +	4.00%	8/2028	24,757		24,652		24,039		7.3	%
					74,281		73,866		72,285		22.1	%
Professional Services
Apex Group Treasury, LLC(7)(9)	First lien senior secured loan	L +	3.75%	7/2028	32,685		32,584		31,050		9.4	%
Sovos Compliance, LLC(6)	First lien senior secured loan	L +	4.50%	8/2028	25,518		25,374		23,477		7.1	%
					58,203		57,958		54,527		16.5	%
Telecommunications
ETC Group(15)	First lien senior secured loan	S +	6.00%	10/2029	5,000		4,609		4,763		1.4	%
Park Place Technologies, LLC(9) (14)	First lien senior secured loan	S +	5.00%	11/2027	14,886		14,443		13,987		4.2	%
					19,886		19,052		18,750		5.6	%
Transportation
Safe Fleet Holdings(14)	First lien senior secured loan	S +	5.00%	2/2029	14,925		14,501		14,403		4.4	%
					14,925		14,501		14,403		4.4	%
Total Debt Investments					$	1,045,865	$	1,033,388	$	997,385	302.0	%
Total Investments					$	1,045,865	$	1,033,388	$	997,385	302.0	%

_______________

(1)Certain portfolio company investments are subject to contractual restrictions on sales.

(2)Unless otherwise indicated, OBDC SLF’s investments are pledged as collateral supporting the amounts outstanding under OBDC SLF’s credit facility.

(3)The amortized cost represents the original cost adjusted for the amortization or accretion of premiums or discounts, as applicable, on debt investments using the effective interest method.

(4)Unless otherwise indicated, all investments are considered Level 3 investments.

(5)Unless otherwise indicated, loan contains a variable rate structure and may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the London Interbank Offered Rate (“LIBOR” or “L”) (which can include

one-, two-, three- or six-month LIBOR), Secured Overnight Financing Rate ("SOFR" or "S," which can include one-, three- or six- month SOFR), or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.

(6)The interest rate on these loans is subject to 1 month LIBOR, which as of December 31, 2022 was 4.39%.

(7)The interest rate on these loans is subject to 3 month LIBOR, which as of December 31, 2022 was 4.77%.

(8)The interest rate on these loans is subject to 6 month LIBOR, which as of December 31, 2022 was 5.14%.

(9)Level 2 investment.

(10)Position or portion thereof is an unfunded loan commitment.

(11)The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

(12)The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

(13)Investment is not pledged as collateral under OBDC SLF’s credit facilities.

(14)The interest rate on these loans is subject to 1 month SOFR, which as of December 31, 2022 was 4.36%.

(15)The interest rate on these loans is subject to 3 month SOFR, which as of December 31, 2022 was 4.59%.

(16)The interest rate on these loans is subject to 6 month SOFR, which as of December 31, 2022 was 4.78%.

Summary of Financial Information

The table below presents selected balance sheet information for OBDC SLF as of the following periods:

($ in thousands)	June 30, 2023 (Unaudited)		December 31, 2022
Assets
Investments at fair value (amortized cost of $1,123,643 and $1,033,388, respectively)	$	1,098,219	$	997,385
Cash	48,187		27,914
Interest receivable	7,230		3,920
Prepaid expenses and other assets	4,736		6,108
Total Assets	$	1,158,372	$	1,035,327
Liabilities
Debt (net of unamortized debt issuance costs of $5,564 and $6,117, respectively)	$	712,319	$	685,265
Distributions payable	11,900		11,095
Payable for investments purchased	6,603		—
Accrued expenses and other liabilities	11,061		8,703
Total Liabilities	$	741,883	$	705,063
Members' Equity
Members' Equity	416,489		330,264
Members' Equity	416,489		330,264
Total Liabilities and Members' Equity	$	1,158,372	$	1,035,327

The table below presents selected statement of operations information for OBDC SLF for the following periods:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
($ in thousands)	2023		2022		2023		2022
Investment Income
Interest income	$	26,866	$	12,730	$	50,509	$	22,742
Other income	66		1,009		130		1,221
Total Investment Income	26,932		13,739		50,639		23,963
Expenses
Interest expense	12,737		4,816		24,056		7,546
Professional fees	246		198		488		476
Total Expenses	12,983		5,014		24,544		8,022
Net Investment Income Before Taxes	13,949		8,725		26,095		15,941
Tax expense (benefit)	482		(722)		1,191		(621)
Net Investment Income After Taxes	$	13,467	$	9,447	$	24,904	$	16,562
Net Realized and Change in Unrealized Gain (Loss) on Investments
Net change in unrealized gain (loss) on investments	1,903		(29,977)		10,578		(34,209)
Net realized gain on investments	(1,668)		1		(1,645)		20
Total Net Realized and Change in Unrealized Gain (Loss) on Investments	235		(29,976)		8,933		(34,189)
Net Increase in Members' Equity Resulting from Operations	$	13,702	$	(20,529)	$	33,837	$	(17,627)

XML

Fair Value of Investments (Tables)

6 Months Ended

Jun. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of Fair Value Hierarchy of Investments

The tables below present the fair value hierarchy of investments as of the following periods:

	Fair Value Hierarchy as of June 30, 2023
($ in thousands)	Level 1		Level 2		Level 3		Total
First-lien senior secured debt investments	$	—	$	12,925	$	8,885,986	$	8,898,911
Second-lien senior secured debt investments	—		119,356		1,703,509		1,822,865
Unsecured debt investments	—		10,970		262,402		273,372
Preferred equity investments(3)	—		—		400,625		400,625
Common equity investments(1)	1,411		—		1,131,331		1,132,742
Subtotal	$	1,411	$	143,251	$	12,383,853	$	12,528,515
Investments measured at NAV(2)	—		—		—		364,428
Total Investments at fair value	$	1,411	$	143,251	$	12,383,853	$	12,892,943

_______________

(1)Includes equity investment in Wingspire, Amergin AssetCo, and Fifth Season.

(2)Includes equity investment in OBDC SLF.

(3)Includes equity investment in LSI Financing.

	Fair Value Hierarchy as of December 31, 2022
($ in thousands)	Level 1		Level 2		Level 3		Total
First-lien senior secured debt investments	$	—	$	—	$	9,279,179	$	9,279,179
Second-lien senior secured debt investments	—		43,692		1,817,286		1,860,978
Unsecured debt investments	—		10,579		237,440		248,019
Preferred equity investments	—		—		355,261		355,261
Common equity investments(1)	816		—		977,111		977,927
Subtotal	$	816	$	54,271	$	12,666,277	$	12,721,364
Investments measured at NAV(2)	—		—		—		288,981
Total Investments at fair value	$	816	$	54,271	$	12,666,277	$	13,010,345

_______________

(1)Includes equity investment in Wingspire.

(2)Includes equity investment in OBDC SLF.

Schedule of Changes in the Fair Value of Investments

The tables below present the changes in the fair value of investments for which Level 3 inputs were used to determine the fair value as of and for the following periods:

	As of and for the Three Months Ended June 30, 2023
($ in thousands)	First-lien senior secured debt investments		Second-lien senior secured debt investments		Unsecured debt investments		Preferred equity investments		Common equity investments		Total
Fair value, beginning of period	$	9,276,243	$	1,761,897	$	262,191	$	388,592	$	1,054,731	$	12,743,654
Purchases of investments, net	219,212		—		—		1,990		61,122		282,324
Payment-in-kind	42,671		3,924		5,259		10,094		179		62,127
Proceeds from investments, net	(643,017)		(35,851)		—		(1,589)		—		(680,457)
Net change in unrealized gain (loss)	(4,404)		(1,025)		5,707		1,302		15,299		16,879
Net realized gains (losses)	118		—		—		—		—		118
Net amortization/accretion of discount/premium on investments	8,168		1,126		115		236		—		9,645
Transfers between investment types	—		—		—		—		—		—
Transfers into (out of) Level 3(1)	(13,005)		(26,562)		(10,870)		—		—		(50,437)
Fair value, end of period	$	8,885,986	$	1,703,509	$	262,402	$	400,625	$	1,131,331	$	12,383,853

_______________

(1)Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the period ended June 30, 2023, transfers out of Level 3 into Level 2 were a result of changes in the observability of significant inputs for certain portfolio companies.

	As of and for the Six Months Ended June 30, 2023
($ in thousands)	First-lien senior secured debt investments		Second-lien senior secured debt investments		Unsecured debt investments		Preferred equity investments		Common equity investments		Total
Fair value, beginning of period	$	9,279,179	$	1,817,286	$	237,440	$	355,261	$	977,111	$	12,666,277
Purchases of investments, net	365,149		(10)		—		21,921		98,375		485,435
Payment-in-kind	70,253		7,715		13,458		21,072		342		112,840
Proceeds from investments, net	(784,653)		(55,050)		(193)		(1,590)		(12,400)		(853,886)
Net change in unrealized gain (loss)	53,988		5,002		11,491		3,538		20,084		94,103
Net realized gains (losses)	(52,365)		—		(23)		—		—		(52,388)
Net amortization/accretion of discount/premium on investments	15,625		2,051		229		471		—		18,376
Transfers between investment types	(47,819)		—		—		—		47,819		—
Transfers into (out of) Level 3(1)	(13,371)		(73,485)		—		(48)		—		(86,904)
Fair value, end of period	$	8,885,986	$	1,703,509	$	262,402	$	400,625	$	1,131,331	$	12,383,853

_______________

(1)Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the period ended June 30, 2023, transfers out of Level 3 into Level 2 were a result of changes in the observability of significant inputs for certain portfolio companies.

	As of and for the Three Months Ended June 30, 2022
($ in thousands)	First-lien senior secured debt investments		Second-lien senior secured debt investments		Unsecured debt investments		Preferred equity investments		Common equity investments		Total
Fair value, beginning of period	$	9,435,175	$	1,780,538	$	266,195	$	238,998	$	645,507	$	12,366,413
Purchases of investments, net	1,625,590		193,947		19,849		66,943		98,329		2,004,658
Payment-in-kind	27,417		3,307		2,916		5,845		155		39,640
Proceeds from investments, net	(1,773,839)		(193,072)		—		—		(25,753)		(1,992,664)
Net change in unrealized gain (loss)	(81,700)		(56,130)		(19,295)		(15,197)		12,088		(160,234)
Net realized gains (losses)	(49)		—		—		—		—		(49)
Net amortization of discount on investments	10,094		844		87		177		—		11,202
Transfers into (out of) Level 3(1)	—		34,545		—		—		—		34,545
Fair value, end of period	$	9,242,688	$	1,763,979	$	269,752	$	296,766	$	730,326	$	12,303,511

_______________

(1)Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the three months ended June 30, 2022, transfers in to and out of Level 3 into Level 2 were a result of changes in the observability of significant inputs for certain portfolio companies.

	As of and for the Six Months Ended June 30, 2022
($ in thousands)	First-lien senior secured debt investments		Second-lien senior secured debt investments		Unsecured debt investments		Preferred equity investments		Common equity investments		Total
Fair value, beginning of period	$	9,539,774	$	1,921,447	$	196,485	$	260,869	$	571,616	$	12,490,191
Purchases of investments, net	2,924,093		300,964		89,239		73,940		279,427		3,667,663
Payment-in-kind	44,953		5,741		8,778		9,431		308		69,211
Proceeds from investments, net	(3,152,864)		(324,109)		—		(33,693)		(128,731)		(3,639,397)
Net change in unrealized gain (loss)	(133,211)		(75,265)		(24,942)		(19,229)		7,706		(244,941)
Net realized gains (losses)	176		—		—		4,482		—		4,658
Net amortization of discount on investments	20,281		1,966		192		966		—		23,405
Transfers into (out of) Level 3(1)	(514)		(66,765)		—		—		—		(67,279)
Fair value, end of period	$	9,242,688	$	1,763,979	$	269,752	$	296,766	$	730,326	$	12,303,511

_______________

(1)Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the six months ended June 30, 2022, transfers in to and out of Level 3 into Level 2 were a result of changes in the observability of significant inputs for certain portfolio companies.

The table below presents the net change in unrealized gains on investments for which Level 3 inputs were used in determining the fair value that are still held by the Company for the following periods:

	Net change in unrealized gain (loss) for the Three Months Ended June 30, 2023 on Investments Held at June 30, 2023		Net change in unrealized gain (loss) for the Three Months Ended June 30, 2022 on Investments Held at June 30, 2022
First-lien senior secured debt investments	$	(2,231)	$	(75,853)
Second-lien senior secured debt investments	(1,139)		(53,333)
Unsecured debt investments	5,707		(19,293)
Preferred equity investments	1,302		(15,197)
Common equity investments	15,298		12,090
Total Investments	$	18,937	$	(151,586)

	Net change in unrealized gain (loss) for the Six Months Ended June 30, 2023 on Investments Held at June 30, 2023		Net change in unrealized gain (loss) for the Six Months Ended June 30, 2022 on Investments Held at June 30, 2022
First-lien senior secured debt investments	$	6,169	$	(126,594)
Second-lien senior secured debt investments	5,001		(72,553)
Unsecured debt investments	11,491		(24,942)
Preferred equity investments	3,538		(18,970)
Common equity investments	67,902		2,434
Total Investments	$	94,101	$	(240,625)

Schedule of Quantitative Information About Significant Unobservable Inputs of Level 3 Investments

The following tables present quantitative information about the significant unobservable inputs of the Company’s Level 3 investments as of the following periods. The weighted average range of unobservable inputs is based on fair value of investments. The tables are not intended to be all-inclusive but instead capture the significant unobservable inputs relevant to the Company’s determination of fair value.

	As of June 30, 2023
($ in thousands)	Fair Value		Valuation Technique	Unobservable Input	(Range) Weighted Average	Impact to Valuation from an Increase in Input
First-lien senior secured debt investments	$	7,864,981	Yield Analysis	Market Yield	(9.1% - 27.2%) 13.3%	Decrease
	962,123		Recent Transaction	Transaction Price	(97.0% - 99.5%) 99.1%	Increase
	58,882		Collateral Analysis	Recovery Rate	(57.0% - 87.0%) 85.0%	Increase
Second-lien senior secured debt investments	$	1,697,460	Yield Analysis	Market Yield	(12.8% - 28.0%) 15.9%	Decrease
	6,049		Collateral Analysis	Recovery Rate	(9.5% - 9.5%) 9.5%	Increase
Unsecured debt investments	$	256,630	Yield Analysis	Market Yield	(11.5% - 20.9%) 13.5%	Decrease
	5,772		Market Approach	EBITDA Multiple	(13.0x - 13.0x) 13.0x	Increase
Preferred equity investments	$	380,954	Yield Analysis	Market Yield	(11.5% - 26.2%) 15.6%	Decrease
	19,626		Recent Transaction	Transaction Price	(100.0% - 100.0%) 100.0%	Increase
	45		Market Approach	EBITDA Multiple	(11.3x - 11.3x) 11.3x	Increase
Common equity investments	$	945,040	Market Approach	EBITDA Multiple	(1.3x - 20.3x) 4.7x	Increase
	34,705		Market Approach	Revenue	(1.0x - 15.8x) 10.8x	Increase
	147,138		Recent Transaction	Transaction Price	(100.0% - 131.1%) 100.3%	Increase
	4,310		Market Approach	Transaction Price	($77.00 - $77.00) $77.00	Increase
	138		Market Approach	Gross Profit	(10.0x - 10.0x) 10.0x	Increase

	As of December 31, 2022
($ in thousands)	Fair Value		Valuation Technique	Unobservable Input	Range (Weighted Average)	Impact to Valuation from an Increase in Input
First-lien senior secured debt investments	$	9,148,610	Yield Analysis	Market Yield	(8.2% - 42.0%) 13.1%	Decrease
	86,606		Recent Transaction	Transaction Price	(97.5% - 99.0%) 97.8%	Increase
	43,963		Collateral Analysis	Recovery Rate	(51.0% - 51.0%) 51.0%	Increase
Second-lien senior secured debt investments	$	1,806,340	Yield Analysis	Market Yield	(12.6% - 21.0%) 16.0%	Decrease
	6,048		Collateral Analysis	Recovery Rate	(9.5% - 9.5%) 9.5%	Increase
	4,898		Recent Transaction	Transaction Price	(98.0% - 98.0%) 98.0%	Increase
Unsecured debt investments	$	232,280	Yield Analysis	Market Yield	(10.4% - 20.2%) 12.4%	Decrease
	5,160		Market Approach	EBITDA Multiple	(14.3x - 14.3x) 14.3x	Increase
Preferred equity investments	$	339,821	Yield Analysis	Market Yield	(11.9% - 17.9%) 14.1%	Decrease
	15,395		Recent Transaction	Transaction Price	(96.5% - 100.0%) 97.9%	Increase
	45		Market Approach	EBITDA Multiple	(11.5x - 11.5x) 11.5x	Increase
Common equity investments	$	848,356	Market Approach	EBITDA Multiple	(1.2x - 23.3x) 5.5x	Increase
	25,241		Market Approach	Revenue	(0.8x - 16.6x) 12.2x	Increase
	99,210		Recent Transaction	Transaction Price	(100% - 100%) 100%	Increase
	4,215		Market Approach	Transaction Price	($75.31 - $75.31) $75.31	Increase
	89		Market Approach	Gross Profit	(8.5x - 8.5x) 8.5x	Increase

Schedule of Carrying Values and Fair Values of the Company’s Debt Obligations

The table below presents the carrying and fair values of the Company’s debt obligations as of the following periods:

	June 30, 2023				December 31, 2022
($ in thousands)	Net Carrying Value(1)		Fair Value		Net Carrying Value(2)		Fair Value
Revolving Credit Facility	$	377,237	$	377,237	$	542,453	$	542,453
SPV Asset Facility II	135,524		135,524		245,368		245,368
SPV Asset Facility III	—		—		249,372		249,372
CLO I	387,487		387,487		387,321		387,321
CLO II	257,347		257,347		257,206		257,206
CLO III	258,207		258,207		258,145		258,145
CLO IV	287,987		287,987		287,777		287,777
CLO V	506,889		506,889		506,792		506,792
CLO VI	258,325		258,325		258,271		258,271
CLO VII	237,238		237,238		237,155		237,155
CLO X	258,072		258,072		—		—
2024 Notes	388,496		395,000		384,851		395,000
2025 Notes	422,050		399,500		421,242		399,500
July 2025 Notes	496,222		462,500		495,347		462,500
2026 Notes	494,232		462,500		493,162		461,250
July 2026 Notes	985,271		887,500		982,993		875,000
2027 Notes	439,434		425,000		438,332		412,500
2028 Notes	837,158		692,750		835,957		673,625
Total Debt	$	7,027,176	$	6,689,063	$	7,281,744	$	6,909,235

_______________

(1)The carrying value of the Company’s Revolving Credit Facility, SPV Asset Facility II, CLO I, CLO II, CLO III, CLO IV, CLO V, CLO VI, CLO VII, CLO X, 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes are presented net of deferred financing costs of $12.9 million, $4.5 million, $2.5 million, $2.7 million, $1.8 million, $4.5 million, $2.7 million, $1.7 million, $1.9 million, $1.9 million, $1.8 million, $3.0 million, $3.8 million, $5.8 million, $14.7 million, $7.0 million and $12.8 million, respectively.

(2)The carrying value of the Company’s Revolving Credit Facility, SPV Asset Facility II, SPV Asset Facility III, CLO I, CLO II, CLO III, CLO IV, CLO V, CLO VI, CLO VII, 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes are presented net of deferred financing costs of $14.7 million, $4.6 million, $0.6 million, $2.7 million, $2.8 million, $1.9 million, $4.7 million, $2.8 million, $1.7 million, $2.0 million, $2.9 million, $3.8 million, $4.7 million, $6.8 million, $17.0 million, $7.9 million and $14.0 million, respectively.

The below table presents the fair value measurements of the Company’s debt obligations as of the following periods:

($ in thousands)	June 30, 2023		December 31, 2022
Level 1	$	—	$	—
Level 2	3,724,750		3,679,375
Level 3	2,964,313		3,229,860
Total Debt	$	6,689,063	$	6,909,235

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Debt (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Schedule of Debt Obligations

The below tables present the debt obligations for the following periods:

	June 30, 2023
($ in thousands)	Aggregate Principal Committed		Outstanding Principal		Amount Available(1)		Net Carrying Value(2)
Revolving Credit Facility(3)(5)	$	1,795,000	$	390,175	$	1,359,048	$	377,237
SPV Asset Facility II	250,000		140,000		110,000		135,524
CLO I	390,000		390,000		—		387,487
CLO II	260,000		260,000		—		257,347
CLO III	260,000		260,000		—		258,207
CLO IV	292,500		292,500		—		287,987
CLO V	509,625		509,625		—		506,889
CLO VI	260,000		260,000		—		258,325
CLO VII	239,150		239,150		—		237,238
CLO X	260,000		260,000		—		258,072
2024 Notes(4)	400,000		400,000		—		388,496
2025 Notes	425,000		425,000		—		422,050
July 2025 Notes	500,000		500,000		—		496,222
2026 Notes	500,000		500,000		—		494,232
July 2026 Notes	1,000,000		1,000,000		—		985,271
2027 Notes(4)	500,000		500,000		—		439,434
2028 Notes	850,000		850,000		—		837,158
Total Debt	$	8,691,275	$	7,176,450	$	1,469,048	$	7,027,176

______________

(1)The amount available reflects any collateral related limitations at the Company level related to each credit facility’s borrowing base.

(2)The carrying value of the Company’s Revolving Credit Facility, SPV Asset Facility II, CLO I, CLO II, CLO III, CLO IV, CLO V, CLO VI, CLO VII, CLO X, 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes are presented net of deferred financing costs of $12.9 million, $4.5 million, $2.5 million, $2.7 million, $1.8 million, $4.5 million, $2.7 million, $1.7 million, $1.9 million, $1.9 million, $1.8 million, $3.0 million, $3.8 million, $5.8 million, $14.7 million, $7.0 million and $12.8 million respectively.

(3)Includes the unrealized translation gain (loss) on borrowings denominated in foreign currencies.

(4)Inclusive of change in fair market value of effective hedge.

(5)The amount available is reduced by $45.8 million of outstanding letters of credit.

	December 31, 2022
($ in thousands)	Aggregate Principal Committed		Outstanding Principal		Amount Available(1)		Net Carrying Value(2)
Revolving Credit Facility(3)(5)	$	1,855,000	$	557,144	$	1,253,057	$	542,453
SPV Asset Facility II	350,000		250,000		100,000		245,368
SPV Asset Facility III	250,000		250,000		—		249,372
CLO I	390,000		390,000		—		387,321
CLO II	260,000		260,000		—		257,206
CLO III	260,000		260,000		—		258,145
CLO IV	292,500		292,500		—		287,777
CLO V	509,625		509,625		—		506,792
CLO VI	260,000		260,000		—		258,271
CLO VII	239,150		239,150		—		237,155
2024 Notes(4)	400,000		400,000		—		384,851
2025 Notes	425,000		425,000		—		421,242
July 2025 Notes	500,000		500,000		—		495,347
2026 Notes	500,000		500,000		—		493,162
July 2026 Notes	1,000,000		1,000,000		—		982,993
2027 Notes(4)	500,000		500,000		—		438,332
2028 Notes	850,000		850,000		—		835,957
Total Debt	$	8,841,275	$	7,443,419	$	1,353,057	$	7,281,744

______________

(1)The amount available reflects any limitations related to each credit facility’s borrowing base.

(2)The carrying value of the Company’s Revolving Credit Facility, SPV Asset Facility II, SPV Asset Facility III, CLO I, CLO II, CLO III, CLO IV, CLO V, CLO VI, CLO VII, 2024 Notes, 2025 Notes, July 2025 Notes, 2026 Notes, July 2026 Notes, 2027 Notes and 2028 Notes are presented net of deferred financing costs of $14.7 million, $4.6 million, $0.6 million, $2.7 million, $2.8 million, $1.9 million, $4.7 million, $2.8 million, $1.7 million, $2.0 million, $2.9 million, $3.8 million, $4.7 million, $6.8 million, $17.0 million, $7.9 million and $14.0 million respectively.

(3)Includes the unrealized translation gain (loss) on borrowings denominated in foreign currencies.

(4)Inclusive of change in fair market value of effective hedge.

(5)The amount available is reduced by $44.8 million of outstanding letters of credit.

Schedule of Components of Interest Expense

The table below presents the components of interest expense for the following periods:

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
($ in thousands)	2023			2022			2023			2022
Interest expense	$	102,141		$	58,185		$	200,468		$	110,832
Amortization of debt issuance costs	7,562			8,697			14,426			14,807
Net change in unrealized gain (loss) on effective interest rate swaps and hedged items(1)	314			465			(922)			3,087
Total Interest Expense	$	110,017		$	67,347		$	213,972		$	128,726
Average interest rate	5.4		%	3.2		%	5.3		%	3.1		%
Average daily borrowings	$	7,432,693		$	7,131,423		$	7,464,970		$	7,141,675

______________

(1)Refer to the 2023 Notes, 2024 Notes and 2027 Notes for details on each facility’s interest rate swap.

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Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Schedule of Outstanding Commitments To Fund Investments

The table below presents outstanding commitments to fund investments in current portfolio companies as of the following periods:

Portfolio Company	Investment	June 30, 2023		December 31, 2022
($ in thousands)
3ES Innovation Inc. (dba Aucerna)	First lien senior secured revolving loan	$	2,193	$	2,193
AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC	LLC Interest	38,884		45,000
AAM Series 2.1 Aviation Feeder, LLC	LLC Interest	26,056		43,432
ABB/Con-cise Optical Group LLC	First lien senior secured revolving loan	—		354
Accela, Inc.	First lien senior secured revolving loan	3,000		3,000
Adenza Group, Inc.	First lien senior secured delayed draw term loan	8,331		8,331
Adenza Group, Inc.	First lien senior secured revolving loan	18,227		18,227
AmeriLife Holdings LLC	First lien senior secured delayed draw term loan	61		61
AmeriLife Holdings LLC	First lien senior secured revolving loan	76		91
AmSpec Group, Inc. (fka AmSpec Services Inc.)	First lien senior secured revolving loan	7,034		11,388
Anaplan, Inc.	First lien senior secured revolving loan	9,722		9,722
Apex Service Partners, LLC	First lien senior secured revolving loan	50		19
Apptio, Inc.	First lien senior secured revolving loan	1,945		1,112
Aramsco, Inc.	First lien senior secured revolving loan	—		6,703
Armstrong Bidco Limited (dba The Access Group)	First lien senior secured delayed draw term loan	157		273
Ascend Buyer, LLC (dba PPC Flexible Packaging)	First lien senior secured revolving loan	565		565
Associations, Inc.	First lien senior secured delayed draw term loan	17,370		45,792
Associations, Inc.	First lien senior secured revolving loan	32,923		32,923
Bayshore Intermediate #2, L.P. (dba Boomi)	First lien senior secured revolving loan	5,530		4,607
BCPE Osprey Buyer, Inc. (dba PartsSource)	First lien senior secured delayed draw term loan	28,014		28,014
BCPE Osprey Buyer, Inc. (dba PartsSource)	First lien senior secured revolving loan	7,377		11,855
BCTO BSI Buyer, Inc. (dba Buildertrend)	First lien senior secured revolving loan	8,036		8,036
Blend Labs, Inc.	First lien senior secured revolving loan	7,500		7,500
BP Veraison Buyer, LLC (dba Sun World)	First lien senior secured delayed draw term loan	—		29,054
BP Veraison Buyer, LLC (dba Sun World)	First lien senior secured revolving loan	8,716		8,716
Brightway Holdings, LLC	First lien senior secured revolving loan	1,579		3,158
Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.)	First lien senior secured delayed draw term loan	1,111		1,111
Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.)	First lien senior secured revolving loan	79		79
Centrify Corporation	First lien senior secured revolving loan	6,817		—
Circana Group, L.P. (fka The NPD Group, L.P.)	First lien senior secured revolving loan	1,389		1,329
CivicPlus, LLC	First lien senior secured revolving loan	2,213		2,698
Coupa Holdings, LLC	First lien senior secured delayed draw term loan	70		—
Coupa Holdings, LLC	First lien senior secured revolving loan	54		—
Denali BuyerCo, LLC (dba Summit Companies)	First lien senior secured delayed draw term loan	—		1,719
Denali BuyerCo, LLC (dba Summit Companies)	First lien senior secured revolving loan	2,998		2,998

Portfolio Company	Investment	June 30, 2023	December 31, 2022
Diamondback Acquisition, Inc. (dba Sphera)	First lien senior secured delayed draw term loan	1,080	1,080
Douglas Products and Packaging Company LLC	First lien senior secured revolving loan	2,202	2,447
EET Buyer, Inc. (dba e-Emphasys)	First lien senior secured revolving loan	455	455
Entertainment Benefits Group, LLC	First lien senior secured revolving loan	111	44
Evolution BuyerCo, Inc. (dba SIAA)	First lien senior secured revolving loan	10,709	10,709
Forescout Technologies, Inc.	First lien senior secured delayed draw term loan	48,750	48,750
Forescout Technologies, Inc.	First lien senior secured revolving loan	5,345	5,345
Fortis Solutions Group, LLC	First lien senior secured delayed draw term loan	—	13
Fortis Solutions Group, LLC	First lien senior secured revolving loan	400	400
Fullsteam Operations, LLC	First lien senior secured delayed draw term loan	—	3,987
Gainsight, Inc.	First lien senior secured revolving loan	959	3,357
Galls, LLC	First lien senior secured revolving loan	17,791	17,192
Gaylord Chemical Company, L.L.C.	First lien senior secured revolving loan	13,202	13,202
Gerson Lehrman Group, Inc.	First lien senior secured revolving loan	10,782	21,563
GI Apple Midco LLC (dba Atlas Technical Consultants)	First lien senior secured delayed draw term loan	159	—
GI Apple Midco LLC (dba Atlas Technical Consultants)	First lien senior secured revolving loan	79	—
GI Ranger Intermediate, LLC (dba Rectangle Health)	First lien senior secured revolving loan	221	332
Global Music Rights, LLC	First lien senior secured revolving loan	667	667
Granicus, Inc.	First lien senior secured revolving loan	819	789
H&F Opportunities LUX III S.À R.L (dba Checkmarx)	First lien senior secured revolving loan	16,250	16,250
Hercules Borrower, LLC (dba The Vincit Group)	First lien senior secured revolving loan	18,685	18,685
HGH Purchaser, Inc. (dba Horizon Services)	First lien senior secured delayed draw term loan	—	3,824
HGH Purchaser, Inc. (dba Horizon Services)	First lien senior secured revolving loan	165	6,520
Hissho Sushi Merger Sub LLC	First lien senior secured revolving loan	65	56
Hometown Food Company	First lien senior secured revolving loan	4,235	3,388
Ideal Image Development, LLC	First lien senior secured delayed draw term loan	—	1,463
Ideal Image Development, LLC	First lien senior secured revolving loan	1,829	1,829
Ideal Tridon Holdings, Inc.	First lien senior secured revolving loan	—	2,536
IG Investments Holdings, LLC (dba Insight Global)	First lien senior secured revolving loan	3,974	2,384
Indigo Buyer, Inc. (dba Inovar Packaging Group)	First lien senior secured delayed draw term loan	—	250
Indigo Buyer, Inc. (dba Inovar Packaging Group)	First lien senior secured revolving loan	83	83
BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC)	First lien senior secured revolving loan	19,291	21,567
Inovalon Holdings, Inc.	First lien senior secured delayed draw term loan	18,988	18,988
Integrity Marketing Acquisition, LLC	First lien senior secured revolving loan	14,832	14,832
Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.)	First lien senior secured revolving loan	4,566	—
Interoperability Bidco, Inc. (dba Lyniate)	First lien senior secured revolving loan	3,686	1,522
Kaseya Inc.	First lien senior secured delayed draw term loan	1,065	1,134
Kaseya Inc.	First lien senior secured revolving loan	851	1,134
Lightbeam Bidco, Inc. (dba Lazer Spot)	First lien senior secured delayed draw term loan	595	—
Lightbeam Bidco, Inc. (dba Lazer Spot)	First lien senior secured revolving loan	476	26,833
Lignetics Investment Corp.	First lien senior secured delayed draw term loan	—	3,922
Lignetics Investment Corp.	First lien senior secured revolving loan	157	1,882

Portfolio Company	Investment	June 30, 2023	December 31, 2022
Litera Bidco LLC	First lien senior secured revolving loan	5,738	4,160
Mario Purchaser, LLC (dba Len the Plumber)	First lien senior secured delayed draw term loan	3,729	4,880
Mario Purchaser, LLC (dba Len the Plumber)	First lien senior secured revolving loan	1,381	1,381
Medline Borrower, LP	First lien senior secured revolving loan	7,190	7,190
MHE Intermediate Holdings, LLC (dba OnPoint Group)	First lien senior secured revolving loan	11,496	13,361
Milan Laser Holdings LLC	First lien senior secured revolving loan	2,078	2,078
MINDBODY, Inc.	First lien senior secured revolving loan	6,071	6,071
Ministry Brands Holdings, LLC	First lien senior secured delayed draw term loan	197	226
Ministry Brands Holdings, LLC	First lien senior secured revolving loan	43	34
National Dentex Labs LLC (fka Barracuda Dental LLC)	First lien senior secured revolving loan	1,873	171
Natural Partners, LLC	First lien senior secured revolving loan	68	68
Nelipak Holding Company	First lien senior secured USD revolving loan	6,165	6,299
Nelipak Holding Company	First lien senior secured EUR revolving loan	5,458	4,481
NMI Acquisitionco, Inc. (dba Network Merchants)	First lien senior secured delayed draw term loan	3,077	3,077
NMI Acquisitionco, Inc. (dba Network Merchants)	First lien senior secured revolving loan	1,652	1,652
Norvax, LLC (dba GoHealth)	First lien senior secured revolving loan	12,273	12,273
Notorious Topco, LLC (dba Beauty Industry Group)	First lien senior secured delayed draw term loan	6,385	6,385
Notorious Topco, LLC (dba Beauty Industry Group)	First lien senior secured revolving loan	8,939	7,981
OB Hospitalist Group, Inc.	First lien senior secured revolving loan	8,483	9,897
Ole Smoky Distillery, LLC	First lien senior secured revolving loan	116	116
Pacific BidCo Inc.	First lien senior secured delayed draw term loan	3,436	3,436
Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.)	First lien senior secured revolving loan	13,538	10,637
PCF Holdco, LLC (dba PCF Insurance Services)	Series A Preferred Units	5,825	—
Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services)	First lien senior secured revolving loan	6,161	6,161
Ping Identity Holding Corp.	First lien senior secured revolving loan	91	91
Plasma Buyer LLC (dba PathGroup)	First lien senior secured delayed draw term loan	176	176
Plasma Buyer LLC (dba PathGroup)	First lien senior secured revolving loan	76	76
Pluralsight, LLC	First lien senior secured revolving loan	3,118	3,118
PPV Intermediate Holdings, LLC	First lien senior secured delayed draw term loan	—	110
PPV Intermediate Holdings, LLC	First lien senior secured revolving loan	67	49
Project Power Buyer, LLC (dba PEC-Veriforce)	First lien senior secured revolving loan	3,188	3,188
PS Operating Company LLC (fka QC Supply, LLC)	First lien senior secured revolving loan	1,324	1,159
QAD, Inc.	First lien senior secured revolving loan	3,429	3,429
Quva Pharma, Inc.	First lien senior secured revolving loan	2,160	2,080
Relativity ODA LLC	First lien senior secured revolving loan	7,333	7,333
SailPoint Technologies Holdings, Inc.	First lien senior secured revolving loan	4,358	4,358
Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC)	First lien senior secured revolving loan	2,700	1,980
Securonix, Inc.	First lien senior secured revolving loan	153	153
Sensor Technology Topco, Inc. (dba Humanetics)	First lien senior secured revolving loan	4,525	—
SimpliSafe Holding Corporation	First lien senior secured delayed draw term loan	772	772
Smarsh Inc.	First lien senior secured delayed draw term loan	95	95
Smarsh Inc.	First lien senior secured revolving loan	8	48
Sonny's Enterprises LLC	First lien senior secured delayed draw term loan	1,000	—

Portfolio Company	Investment	June 30, 2023		December 31, 2022
Sonny's Enterprises LLC	First lien senior secured revolving loan	17,969		17,969
Spotless Brands, LLC	First lien senior secured revolving loan	1,305		1,305
Summit Acquisition Inc. (dba K2 Insurance Services)	First lien senior secured delayed draw term loan	178		—
Summit Acquisition Inc. (dba K2 Insurance Services)	First lien senior secured revolving loan	89		—
Swipe Acquisition Corporation (dba PLI)	First lien senior secured delayed draw term loan	6,228		6,228
Swipe Acquisition Corporation (dba PLI)	Letter of Credit	7,118		7,118
SWK BUYER, Inc. (dba Stonewall Kitchen)	First lien senior secured delayed draw term loan	—		175
SWK BUYER, Inc. (dba Stonewall Kitchen)	First lien senior secured revolving loan	5		46
Tahoe Finco, LLC	First lien senior secured revolving loan	9,244		9,244
Tall Tree Foods, Inc.	First lien senior secured delayed draw term loan	1,500		—
Tamarack Intermediate, L.L.C. (dba Verisk 3E)	First lien senior secured revolving loan	117		116
Tempo Buyer Corp. (dba Global Claims Services)	First lien senior secured delayed draw term loan	308		308
Tempo Buyer Corp. (dba Global Claims Services)	First lien senior secured revolving loan	95		141
The Shade Store, LLC	First lien senior secured revolving loan	436		655
THG Acquisition, LLC (dba Hilb)	First lien senior secured revolving loan	6,695		8,608
Thunder Purchaser, Inc. (dba Vector Solutions)	First lien senior secured delayed draw term loan	7,018		7,018
Thunder Purchaser, Inc. (dba Vector Solutions)	First lien senior secured revolving loan	603		2,522
Troon Golf, L.L.C.	First lien senior secured revolving loan	21,622		21,622
Ultimate Baked Goods Midco, LLC	First lien senior secured revolving loan	9,946		7,335
Unified Women's Healthcare, LP	First lien senior secured delayed draw term loan	4		33
Unified Women's Healthcare, LP	First lien senior secured revolving loan	88		88
USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners)	First lien senior secured revolving loan	4,239		4,239
Valence Surface Technologies LLC	First lien senior secured revolving loan	49		49
Velocity HoldCo III Inc. (dba VelocityEHS)	First lien senior secured revolving loan	447		1,072
Walker Edison Furniture Company LLC	First lien senior secured delayed draw term loan	2,248		—
When I Work, Inc.	First lien senior secured revolving loan	925		925
Wingspire Capital Holdings LLC	LLC Interest	49,855		35,855
WU Holdco, Inc. (dba Weiman Products, LLC)	First lien senior secured revolving loan	8,066		9,219
Zendesk, Inc.	First lien senior secured delayed draw term loan	17,352		17,352
Zendesk, Inc.	First lien senior secured revolving loan	7,145		7,145
Total Unfunded Portfolio Company Commitments		$	808,440	$	926,091

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Net Assets (Tables)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Schedule of Distributions Declared

The tables below present the distributions declared on shares of the Company’s common stock for the following periods:

	For the Six Months Ended June 30, 2023
Date Declared	Record Date	Payment Date	Distribution per Share
February 21, 2023	March 31, 2023	April 14, 2023	$	0.33
February 21, 2023 (supplemental dividend)	March 3, 2023	March 17, 2023	$	0.04
May 9, 2023	June 30, 2023	July 14, 2023	$	0.33
May 9, 2023 (supplemental dividend)	May 31, 2023	June 15, 2023	$	0.06

	For the Six Months Ended June 30, 2022
Date Declared	Record Date	Payment Date	Distribution per Share
February 23, 2022	March 31, 2022	May 13, 2022	$	0.31
May 4, 2022	June 30, 2022	August 15, 2022	$	0.31

Schedule of Shares Distributed Pursuant to the Dividend Reinvestment Plan

The following tables presents the shares distributed pursuant to the dividend reinvestment plan for the following periods:

	For the Six Months Ended June 30, 2023
Date Declared	Record Date	Payment Date	Shares
November 2, 2022	March 31, 2023	January 13, 2023	583,495	(1)
February 21, 2023 (supplemental dividend)	March 3, 2023	March 17, 2023	77,157	(1)
February 21, 2023	March 31, 2023	April 14, 2023	558,872	(1)
May 9, 2023 (supplemental dividend)	May 31, 2023	June 15, 2023	84,363	(1)

_______________

(1)Shares purchased in the open market in order to satisfy dividends reinvested under our dividend reinvestment program.

	For the Six Months Ended June 30, 2022
Date Declared	Record Date	Payment Date	Shares
November 2, 2021	December 31, 2021	January 31, 2022	814,084
February 23, 2022	March 31, 2022	May 15, 2022	830,764	(1)

_______________

(1)Shares purchased in the open market in order to satisfy dividends reinvested under our dividend reinvestment program.

Schedule of Common Stock Purchase Pursuant to Repurchase Plan

For the period ended June 30, 2023, repurchases under the 2022 Repurchase Program was as follows:

Period ($ in millions, except share and per share amounts)	Total Number of Shares Repurchased	Average Price Paid per Share		Approximate Dollar Value of Shares that have been Purchased Under the Plans		Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plan
January 1, 2023 - January 31, 2023	1,493,034	$	12.19	$	18.2	$	115.9
February 1, 2023 - February 28, 2023	29,154	$	12.98	$	0.4	$	115.5
March 1, 2023 - March 31, 2023	278,419	$	12.61	$	3.5	$	112.0
April 1, 2023 - April 30, 2023	687,545	$	12.65	$	8.7	$	103.3
May 1, 2023 - May 31, 2023	190,355	$	12.53	$	2.4	$	100.9
June 1, 2023 - June 30, 2023	65,305	$	13.50	$	0.9	$	100.0
Total	2,743,812			$	34.1

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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Computation for Basic and Diluted Earnings Per Common Share

The following table presents the computation of basic and diluted earnings per common share for the following periods:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
($ in thousands, except per share amounts)	2023		2022		2023		2022
Increase (decrease) in net assets resulting from operations	$	195,562	$	(34,946)	$	397,405	$	9,039
Weighted average shares of common stock outstanding—basic and diluted	389,930,979		394,184,560		390,487,912		394,246,724
Earnings per common share-basic and diluted	$	0.50	$	(0.09)	$	1.02	$	0.02

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Financial Highlights (Tables)

6 Months Ended

Jun. 30, 2023

Investment Company [Abstract]

Schedule of Financial Highlights for a Common Share Outstanding

The table below presents the financial highlights for a common share outstanding for the following periods:

	For the Six Months Ended June 30,
($ in thousands, except share and per share amounts)	2023			2022
Per share data:
Net asset value, beginning of period	$	14.99		$	15.08
Net investment income(1)	0.93			0.63
Net realized and unrealized gain (loss)	0.09			(0.61)
Total from operations	1.02			0.02
Repurchase of common shares(2)	0.01			—
Distributions declared from earnings(2)	(0.76)			(0.62)
Total increase (decrease) in net assets	0.27			(0.60)
Net asset value, end of period	$	15.26		$	14.48
Shares outstanding, end of period	389,732,875			393,823,013
Per share market value at end of period	$	13.42		$	12.33
Total Return, based on market value(3)	23.1		%	(8.7)		%
Total Return, based on net asset value(4)	7.5		%	0.4		%
Ratios / Supplemental Data(5)
Ratio of total expenses to average net assets(6)	13.8		%	9.9		%
Ratio of net investment income to average net assets(6)	12.3		%	8.5		%
Net assets, end of period	$	5,948,964		$	5,704,446
Weighted-average shares outstanding	390,487,912			394,246,724
Portfolio turnover rate	1.9		%	7.6		%

_______________

(1)The per share data was derived using the weighted average shares outstanding during the period.

(2)The per share data was derived using actual shares outstanding at the date of the relevant transaction.

(3)Total return based on market value is calculated as the change in market value per share during the respective periods, taking into account dividends and distributions, if any, reinvested in accordance with the Company’s dividend reinvestment plan.

(4)Total return is calculated as the change in net asset value (“NAV”) per share during the period, plus distributions per share (assuming dividends and distributions, if any, are reinvested in accordance with the Company’s dividend reinvestment plan), if any, divided by the beginning NAV per share.

(5)Does not include expenses of investment companies in which the Company invests.

(6)The ratios reflect annualized amounts, except in the case of non-recurring expenses (e.g. initial organization expenses).

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Significant Accounting Policies (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Product Information [Line Items]
Payment-in-kind interest and dividends			$ 113,628	$ 69,210
Dividends and Income
Product Information [Line Items]
Payment-in-kind interest and dividends	$ 53,500	$ 32,100	$ 106,400	$ 59,600
Dividends and Income | Revenue Benchmark | Product Concentration Risk
Product Information [Line Items]
Concentration risk (as percent)	13.60%	11.70%	13.80%	11.10%

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Agreements and Related Party Transactions (Details) $ in Thousands																										3 Months Ended		6 Months Ended
	Jun. 20, 2023 USD ($)	Jun. 13, 2023 USD ($)	Jun. 01, 2023 USD ($)	May 03, 2023 USD ($)	Mar. 16, 2023 USD ($)	Feb. 28, 2023 USD ($)	Feb. 24, 2023 USD ($)	Feb. 17, 2023 USD ($)	Feb. 09, 2023 USD ($)	Dec. 14, 2022 USD ($)	Nov. 29, 2022 USD ($)	Nov. 15, 2022 USD ($)	Nov. 09, 2022 USD ($)	Oct. 17, 2022 USD ($)	Jul. 18, 2022 USD ($)	Jul. 01, 2022 USD ($)	May 21, 2022 USD ($)	May 03, 2022 component	Feb. 28, 2022 USD ($)	Aug. 19, 2021 USD ($)	May 18, 2021	Mar. 08, 2021 USD ($)	Jul. 31, 2020 USD ($)	Mar. 25, 2020 USD ($)	Sep. 24, 2019 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)
Related Party Transaction [Line Items]
Management fees																										$ 48,024	$ 46,873	$ 96,116	$ 94,286
Performance based incentive fees																										39,598	26,541	77,326	52,495
Affiliated entity | Administration Agreement
Related Party Transaction [Line Items]
Contract term																					2 years
Written notice for contract termination, term																		60 days
Affiliated entity | Administration Agreement, Costs And Expenses Reimbursable
Related Party Transaction [Line Items]
Amount of transaction																										2,000	1,400	3,900	2,900
Affiliated entity | Investment Advisory Agreement
Related Party Transaction [Line Items]
Contract term																					2 years
Written notice for contract termination, term																		60 days
Required term of written notice for contract termination for certain circumstances																		120 days
Incentive fee components | component																		2
Affiliated entity | Investment Advisory Agreement, Management Fee - Average Gross Assets
Related Party Transaction [Line Items]
Base rate																		1.50%
Affiliated entity | Investment Advisory Agreement, Management Fee - Asset Coverage Ratio Threshold
Related Party Transaction [Line Items]
Base rate																		200.00%
Affiliated entity | Investment Advisory Agreement, Management Fee - Average Gross Assets Below Asset Coverage Ratio
Related Party Transaction [Line Items]
Base rate																		1.00%
Affiliated entity | Investment Management Agreement - Incentive Rate, Pre-Incentive Fee Net Investment Income
Related Party Transaction [Line Items]
Incentive rate																		100.00%
Affiliated entity | Investment Management Agreement - Incentive Rate, Quarterly Hurdle Rate
Related Party Transaction [Line Items]
Incentive rate																		1.50%
Affiliated entity | Investment Management Agreement - Incentive Rate, Realized Capital Gains
Related Party Transaction [Line Items]
Incentive rate																		17.50%
Affiliated entity | Investment Advisory Agreement - Incentive Rate, Pre-Incentive Fee Net Investment Income Threshold
Related Party Transaction [Line Items]
Incentive rate																		17.50%
Affiliated entity | Investment Advisory Agreement - Incentive Rate, Quarterly Threshold
Related Party Transaction [Line Items]
Incentive rate																		1.82%
Affiliated entity | Management Fee
Related Party Transaction [Line Items]
Management fees																										48,000	46,900	96,100	94,300
Affiliated entity | Performance Based Incentive Fee
Related Party Transaction [Line Items]
Performance based incentive fees																										$ 39,600	$ 26,500	$ 77,300	$ 52,500
Affiliated entity | Commitment To Indirectly Owned Subsidiary
Related Party Transaction [Line Items]
Amount of transaction						$ 450,000											$ 400,000		$ 350,000	$ 250,000		$ 200,000	$ 150,000	$ 100,000	$ 50,000
Affiliated entity | Equity Commitment To Amergin AssetCo
Related Party Transaction [Line Items]
Amount of transaction																$ 90,000
Affiliated entity | Equity Commitment To Fifth Season
Related Party Transaction [Line Items]
Amount of transaction	$ 3,500	$ 3,500	$ 3,500	$ 5,300	$ 11,900		$ 300	$ 2,800	$ 5,300		$ 7,000	$ 7,300	$ 1,700	$ 73,600	$ 15,900
Affiliated entity | Equity Commitment To LSI Financing
Related Party Transaction [Line Items]
Amount of transaction										$ 6,200

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Investments - Investments at Fair Value and Amortized Cost (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Schedule of Investments [Line Items]
Amortized Cost	$ 12,823,971	$ 13,046,132	[1],[2],[3],[4],[5]
Fair Value	12,892,943	13,010,345	[2],[4],[5]
First-lien senior secured debt investments
Schedule of Investments [Line Items]
Amortized Cost	8,954,884	9,388,499
Fair Value	8,898,911	9,279,179
Second-lien senior secured debt investments
Schedule of Investments [Line Items]
Amortized Cost	1,889,071	1,934,274
Fair Value	1,822,865	1,860,978
Unsecured debt investments
Schedule of Investments [Line Items]
Amortized Cost	284,905	270,714
Fair Value	273,372	248,019
Preferred equity investments
Schedule of Investments [Line Items]
Amortized Cost	403,517	361,690
Fair Value	400,625	355,261
Common equity investments
Schedule of Investments [Line Items]
Amortized Cost	906,255	772,116
Fair Value	1,132,742	977,927
Joint ventures
Schedule of Investments [Line Items]
Amortized Cost	385,339	318,839
Fair Value	$ 364,428	$ 288,981

[1] As of December 31, 2022, the net estimated unrealized loss for U.S. federal income tax purposes was $126.2 million based on a tax cost basis of $13.1 billion. As of December 31, 2022, the estimated aggregate gross unrealized loss for U.S. federal income tax purposes was $382.2 million and the estimated aggregate gross unrealized gain for U.S. federal income tax purposes was $256.0 million.

[2] Certain portfolio company investments are subject to contractual restrictions on sales. Refer to footnote 28 for additional information on our restricted securities.

[3] The amortized cost represents the original cost adjusted for the amortization or accretion of premium or discount , as applicable, on debt investments using the effective interest method.

[4] Unless otherwise indicated, all investments are considered Level 3 investments.

[5] Unless otherwise indicated, the Company’s portfolio companies are pledged as collateral supporting the amounts outstanding under the Revolving Credit Facility, SPV Asset Facilities and CLOs. See Note 6 “Debt”.

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Investments - Composition of Investments Based on Fair Value (Details) - Investment Owned, At Fair Value	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Industry Concentration Risk
Schedule of Investments [Line Items]
Concentration risk (as percent)	100.00%	100.00%
Industry Concentration Risk | Advertising and media
Schedule of Investments [Line Items]
Concentration risk (as percent)	1.50%	1.50%
Industry Concentration Risk | Aerospace and defense
Schedule of Investments [Line Items]
Concentration risk (as percent)	2.90%	2.80%
Industry Concentration Risk | Asset based lending and fund finance
Schedule of Investments [Line Items]
Concentration risk (as percent)	5.70%	4.90%
Industry Concentration Risk | Automotive
Schedule of Investments [Line Items]
Concentration risk (as percent)	2.00%	1.50%
Industry Concentration Risk | Buildings and real estate
Schedule of Investments [Line Items]
Concentration risk (as percent)	3.80%	3.70%
Industry Concentration Risk | Business services
Schedule of Investments [Line Items]
Concentration risk (as percent)	3.00%	2.90%
Industry Concentration Risk | Chemicals
Schedule of Investments [Line Items]
Concentration risk (as percent)	1.50%	1.60%
Industry Concentration Risk | Consumer products
Schedule of Investments [Line Items]
Concentration risk (as percent)	3.90%	3.90%
Industry Concentration Risk | Containers and packaging
Schedule of Investments [Line Items]
Concentration risk (as percent)	1.30%	1.30%
Industry Concentration Risk | Distribution
Schedule of Investments [Line Items]
Concentration risk (as percent)	3.60%	4.20%
Industry Concentration Risk | Education
Schedule of Investments [Line Items]
Concentration risk (as percent)	1.00%	1.00%
Industry Concentration Risk | Financial services
Schedule of Investments [Line Items]
Concentration risk (as percent)	4.10%	5.00%
Industry Concentration Risk | Food and beverage
Schedule of Investments [Line Items]
Concentration risk (as percent)	6.40%	6.70%
Industry Concentration Risk | Healthcare equipment and services
Schedule of Investments [Line Items]
Concentration risk (as percent)	4.00%	3.90%
Industry Concentration Risk | Healthcare providers and services
Schedule of Investments [Line Items]
Concentration risk (as percent)	4.60%	4.50%
Industry Concentration Risk | Healthcare technology
Schedule of Investments [Line Items]
Concentration risk (as percent)	4.70%	4.80%
Industry Concentration Risk | Household products
Schedule of Investments [Line Items]
Concentration risk (as percent)	2.30%	2.10%
Industry Concentration Risk | Human resource support services
Schedule of Investments [Line Items]
Concentration risk (as percent)	1.50%	1.50%
Industry Concentration Risk | Infrastructure and environmental services
Schedule of Investments [Line Items]
Concentration risk (as percent)	1.30%	1.20%
Industry Concentration Risk | Insurance
Schedule of Investments [Line Items]
Concentration risk (as percent)	9.80%	9.30%
Industry Concentration Risk | Internet software and services
Schedule of Investments [Line Items]
Concentration risk (as percent)	13.40%	13.30%
Industry Concentration Risk | Joint ventures
Schedule of Investments [Line Items]
Concentration risk (as percent)	2.80%	2.20%
Industry Concentration Risk | Leisure and entertainment
Schedule of Investments [Line Items]
Concentration risk (as percent)	1.80%	2.20%
Industry Concentration Risk | Manufacturing
Schedule of Investments [Line Items]
Concentration risk (as percent)	5.70%	5.80%
Industry Concentration Risk | Oil and gas
Schedule of Investments [Line Items]
Concentration risk (as percent)	0.30%	0.80%
Industry Concentration Risk | Pharmaceuticals
Schedule of Investments [Line Items]
Concentration risk (as percent)	0.20%	0.00%
Industry Concentration Risk | Professional services
Schedule of Investments [Line Items]
Concentration risk (as percent)	4.00%	3.50%
Industry Concentration Risk | Specialty retail
Schedule of Investments [Line Items]
Concentration risk (as percent)	2.20%	2.20%
Industry Concentration Risk | Transportation
Schedule of Investments [Line Items]
Concentration risk (as percent)	0.70%	1.70%
Geographic Concentration Risk
Schedule of Investments [Line Items]
Concentration risk (as percent)	100.00%	100.00%
Geographic Concentration Risk | Midwest
Schedule of Investments [Line Items]
Concentration risk (as percent)	18.00%	17.50%
Geographic Concentration Risk | Northeast
Schedule of Investments [Line Items]
Concentration risk (as percent)	21.10%	20.40%
Geographic Concentration Risk | South
Schedule of Investments [Line Items]
Concentration risk (as percent)	32.90%	34.40%
Geographic Concentration Risk | West
Schedule of Investments [Line Items]
Concentration risk (as percent)	20.70%	20.60%
Geographic Concentration Risk | International
Schedule of Investments [Line Items]
Concentration risk (as percent)	7.30%	7.10%

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Investments - Blue Owl Capital Corporation Senior Loan Fund (Details)		Jul. 26, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2023 USD ($) portfolio_company	Dec. 31, 2022 USD ($) portfolio_company		Jul. 01, 2021	Jun. 29, 2021
Net Investment Income [Line Items]
Fair Value				$ 12,892,943,000	$ 13,010,345,000	[1],[2],[3]
Basis spread, variable rate	[4],[5],[6],[7],[8]				7.00%
OBDC Senior Loan Fund
Net Investment Income [Line Items]
Total capital commitments, end of period			$ 371,500,000
Fair Value				1,098,219,000	$ 997,385,000
Total senior secured debt investments				$ 1,139,146,000	$ 1,045,865,000
Number of portfolio companies | portfolio_company				61	56
Largest funded investment to a single borrower				$ 40,062,000	$ 40,272,000
OBDC Senior Loan Fund | Weighted Average | Base Rate
Net Investment Income [Line Items]
Basis spread, variable rate				4.17%	4.05%
Members | OBDC Senior Loan Fund
Net Investment Income [Line Items]
Total capital commitments, end of period		$ 571,500,000
Blue Owl Capital Corporation Senior Loan Fund
Net Investment Income [Line Items]
Investment, ownership percentage			50.00%				87.50%	50.00%
Blue Owl Capital Corporation Senior Loan Fund | Regents
Net Investment Income [Line Items]
Investment, ownership percentage			50.00%
Blue Owl Capital Corporation Senior Loan Fund | Nationwide Life Insurance Company
Net Investment Income [Line Items]
Investment, ownership percentage			12.50%

[1] Certain portfolio company investments are subject to contractual restrictions on sales. Refer to footnote 28 for additional information on our restricted securities.

[2] Unless otherwise indicated, all investments are considered Level 3 investments.

[3] Unless otherwise indicated, the Company’s portfolio companies are pledged as collateral supporting the amounts outstanding under the Revolving Credit Facility, SPV Asset Facilities and CLOs. See Note 6 “Debt”.

[4] Investment is not pledged as collateral for the credit facilities.

[5] Loan contains a variable rate structure and may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the London Interbank Offered Rate (“LIBOR” or “L”, which can include one-, three-, six- or twelve- month LIBOR), Secured Overnight Financing Rate ("SOFR" or "S," which can include one-, three- or six- month SOFR), Euro Interbank Offered Rate (“EURIBOR”), Great Britain Pound London Interbank Offered Rate (“GBPLIBOR” or “G”, which can include three- or six-month GBPLIBOR), SONIA ("SONIA” or "SA") or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.

[6] Represents co-investment made with the Company’s affiliates in accordance with the terms of the exemptive relief that the Company received from the U.S. Securities and Exchange Commission. See Note 3 “Agreements and Related Party Transactions.”

[7] The interest rate on these loans is subject to 6 month LIBOR, which as of December 31, 2022 was 5.14%.

[8] This portfolio company is not a qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of total assets. As of December 31, 2022, non-qualifying assets represented 13.5% of total assets as calculated in accordance with the regulatory requirements.

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Investments - Blue Owl Capital Corporation Senior Loan Fund's Portfolio (Details) - USD ($)		Jun. 30, 2023		Dec. 31, 2022		Dec. 31, 2021
Schedule of Investments [Line Items]
Interest	[1],[2],[3],[4],[5]			7.00%
Amortized Cost		$ 12,823,971,000		$ 13,046,132,000	[6],[7],[8],[9],[10]
Fair Value		$ 12,892,943,000		$ 13,010,345,000	[7],[9],[10]
Percentage of Net Assets		215.60%		220.40%	[7],[9],[10]
Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Par / Units		$ 1,139,146,000		$ 1,045,865,000
Amortized Cost		1,123,643,000		1,033,388,000
Fair Value		$ 1,098,219,000		$ 997,385,000
Percentage of Net Assets		263.70%		302.00%
Blue Owl Capital Corporation Senior Loan Fund | Aerospace and defense
Schedule of Investments [Line Items]
Par / Units		$ 100,671,000		$ 101,179,000
Amortized Cost		100,387,000		100,835,000
Fair Value		$ 95,105,000		$ 98,095,000
Percentage of Net Assets		22.80%		29.60%
Blue Owl Capital Corporation Senior Loan Fund | Automotive
Schedule of Investments [Line Items]
Par / Units		$ 39,755,000		$ 36,014,000
Amortized Cost		39,219,000		35,732,000
Fair Value		$ 35,271,000		$ 31,510,000
Percentage of Net Assets		8.50%		9.50%
Blue Owl Capital Corporation Senior Loan Fund | Buildings and real estate
Schedule of Investments [Line Items]
Par / Units		$ 39,149,000		$ 44,365,000
Amortized Cost		38,601,000		43,443,000
Fair Value		$ 38,046,000		$ 41,163,000
Percentage of Net Assets		9.20%		12.60%
Blue Owl Capital Corporation Senior Loan Fund | Business services
Schedule of Investments [Line Items]
Par / Units		$ 76,313,000		$ 65,035,000
Amortized Cost		74,806,000		64,302,000
Fair Value		$ 68,449,000		$ 57,831,000
Percentage of Net Assets		16.40%		17.60%
Blue Owl Capital Corporation Senior Loan Fund | Chemicals
Schedule of Investments [Line Items]
Par / Units		$ 22,783,000		$ 15,874,000
Amortized Cost		22,257,000		15,525,000
Fair Value		$ 21,981,000		$ 15,398,000
Percentage of Net Assets		5.30%		4.70%
Blue Owl Capital Corporation Senior Loan Fund | Consumer products
Schedule of Investments [Line Items]
Par / Units		$ 25,063,000		$ 14,925,000
Amortized Cost		24,205,000		14,892,000
Fair Value		$ 23,371,000		$ 14,030,000
Percentage of Net Assets		5.60%		4.20%
Blue Owl Capital Corporation Senior Loan Fund | Containers and packaging
Schedule of Investments [Line Items]
Par / Units		$ 69,364,000		$ 65,715,000
Amortized Cost		68,766,000		65,137,000
Fair Value		$ 66,664,000		$ 63,093,000
Percentage of Net Assets		16.00%		19.10%
Blue Owl Capital Corporation Senior Loan Fund | Distribution
Schedule of Investments [Line Items]
Par / Units		$ 70,378,000		$ 70,670,000
Amortized Cost		68,600,000		68,951,000
Fair Value		$ 69,815,000		$ 69,062,000
Percentage of Net Assets		16.80%		20.90%
Blue Owl Capital Corporation Senior Loan Fund | Education
Schedule of Investments [Line Items]
Par / Units		$ 53,137,000		$ 53,412,000
Amortized Cost		52,942,000		53,193,000
Fair Value		$ 52,790,000		$ 52,496,000
Percentage of Net Assets		12.60%		15.90%
Blue Owl Capital Corporation Senior Loan Fund | Food and beverage
Schedule of Investments [Line Items]
Par / Units		$ 72,917,000		$ 75,904,000
Amortized Cost		72,529,000		75,423,000
Fair Value		$ 69,979,000		$ 72,563,000
Percentage of Net Assets		16.70%		21.90%
Blue Owl Capital Corporation Senior Loan Fund | Healthcare equipment and services
Schedule of Investments [Line Items]
Par / Units		$ 67,135,000		$ 66,274,000
Amortized Cost		66,692,000		65,746,000
Fair Value		$ 65,563,000		$ 63,418,000
Percentage of Net Assets		15.80%		19.10%
Blue Owl Capital Corporation Senior Loan Fund | Healthcare providers and services
Schedule of Investments [Line Items]
Par / Units		$ 85,695,000		$ 75,152,000
Amortized Cost		84,322,000		73,966,000
Fair Value		$ 81,943,000		$ 72,129,000
Percentage of Net Assets		19.60%		21.80%
Blue Owl Capital Corporation Senior Loan Fund | Healthcare technology
Schedule of Investments [Line Items]
Par / Units		$ 67,325,000		$ 47,566,000
Amortized Cost		65,955,000		46,760,000
Fair Value		$ 65,863,000		$ 44,673,000
Percentage of Net Assets		15.90%		13.60%
Blue Owl Capital Corporation Senior Loan Fund | Infrastructure and environmental services
Schedule of Investments [Line Items]
Par / Units		$ 40,062,000		$ 40,272,000
Amortized Cost		39,937,000		40,115,000
Fair Value		$ 39,661,000		$ 39,466,000
Percentage of Net Assets		9.40%		11.90%
Blue Owl Capital Corporation Senior Loan Fund | Insurance
Schedule of Investments [Line Items]
Par / Units		$ 51,912,000		$ 19,373,000
Amortized Cost		50,479,000		18,719,000
Fair Value		$ 51,767,000		$ 19,146,000
Percentage of Net Assets		12.50%		5.80%
Blue Owl Capital Corporation Senior Loan Fund | Internet software and services
Schedule of Investments [Line Items]
Par / Units		$ 86,401,000		$ 86,840,000
Amortized Cost		84,930,000		85,272,000
Fair Value		$ 83,846,000		$ 83,347,000
Percentage of Net Assets		20.20%		25.20%
Blue Owl Capital Corporation Senior Loan Fund | Manufacturing
Schedule of Investments [Line Items]
Par / Units		$ 73,906,000		$ 74,281,000
Amortized Cost		73,526,000		73,866,000
Fair Value		$ 72,998,000		$ 72,285,000
Percentage of Net Assets		17.60%		22.10%
Blue Owl Capital Corporation Senior Loan Fund | Professional services
Schedule of Investments [Line Items]
Par / Units		$ 57,910,000		$ 58,203,000
Amortized Cost		57,682,000		57,958,000
Fair Value		$ 56,478,000		$ 54,527,000
Percentage of Net Assets		13.50%		16.50%
Blue Owl Capital Corporation Senior Loan Fund | Telecommunications
Schedule of Investments [Line Items]
Par / Units		$ 24,420,000		$ 19,886,000
Amortized Cost		23,354,000		19,052,000
Fair Value		$ 23,779,000		$ 18,750,000
Percentage of Net Assets		5.70%		5.60%
Blue Owl Capital Corporation Senior Loan Fund | Transportation
Schedule of Investments [Line Items]
Par / Units		$ 14,850,000		$ 14,925,000
Amortized Cost		14,454,000		14,501,000
Fair Value		$ 14,850,000		$ 14,403,000
Percentage of Net Assets		3.60%		4.40%
Debt Securities | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Par / Units		$ 1,139,146,000		$ 1,045,865,000
Amortized Cost		1,123,643,000		1,033,388,000
Fair Value		$ 1,098,219,000		$ 997,385,000
Percentage of Net Assets		263.70%		302.00%
Investment, Identifier [Axis]: 3ES Innovation Inc. (dba Aucerna), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12],[13]	6.50%	[2],[3],[5],[14]
Par / Units		$ 60,323,000	[11],[12],[13]	$ 60,635,000	[2],[3],[5],[14]
Amortized Cost		60,008,000	[11],[12],[13]	60,243,000	[2],[3],[5],[14]
Fair Value		$ 60,323,000	[11],[12],[13]	$ 60,332,000	[2],[3],[5],[14]
Percentage of Net Assets		1.00%	[11],[12],[13]	1.00%	[2],[3],[5],[14]
Investment, Identifier [Axis]: 3ES Innovation Inc. (dba Aucerna), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[13],[15],[16]	6.50%	[2],[3],[5],[14],[17]
Par / Units		$ 1,700,000	[11],[13],[15],[16]	$ 1,700,000	[2],[3],[5],[14],[17]
Amortized Cost		1,685,000	[11],[13],[15],[16]	1,681,000	[2],[3],[5],[14],[17]
Fair Value		$ 1,700,000	[11],[13],[15],[16]	$ 1,681,000	[2],[3],[5],[14],[17]
Percentage of Net Assets		0.00%	[11],[13],[15],[16]	0.00%	[2],[3],[5],[14],[17]
Investment, Identifier [Axis]: AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC
Schedule of Investments [Line Items]
Fair Value		$ 6,116,000	[18]	$ 0	[18]	$ 0	[19]
Investment, Identifier [Axis]: AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC, LLC Interest
Schedule of Investments [Line Items]
Amortized Cost		6,086,000	[13],[15],[20],[21],[22],[23]	5,000	[3],[5],[17],[24],[25],[26]
Fair Value		$ 6,116,000	[13],[15],[20],[21],[22],[23]	$ 0	[3],[5],[17],[24],[25],[26]
Percentage of Net Assets		0.10%	[13],[15],[20],[21],[22],[23]	0.00%	[3],[5],[17],[24],[25],[26]
Investment, Identifier [Axis]: AAM Series 2.1 Aviation Feeder, LLC
Schedule of Investments [Line Items]
Fair Value		$ 18,944,000	[18]	$ 1,568,000	[18]	0	[19]
Investment, Identifier [Axis]: AAM Series 2.1 Aviation Feeder, LLC, LLC Interest
Schedule of Investments [Line Items]
Amortized Cost		18,950,000	[13],[15],[20],[21],[22],[23]	1,574,000	[3],[5],[17],[24],[25],[26]
Fair Value		$ 18,944,000	[13],[15],[20],[21],[22],[23]	$ 1,568,000	[3],[5],[17],[24],[25],[26]
Percentage of Net Assets		0.30%	[13],[15],[20],[21],[22],[23]	0.00%	[3],[5],[17],[24],[25],[26]
Investment, Identifier [Axis]: ABB/Con-cise Optical Group LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.50%	[11],[12]	7.50%	[2],[3],[4]
Par / Units		$ 63,619,000	[11],[12]	$ 67,415,000	[2],[3],[4]
Amortized Cost		62,832,000	[11],[12]	66,517,000	[2],[3],[4]
Fair Value		$ 62,187,000	[11],[12]	$ 67,247,000	[2],[3],[4]
Percentage of Net Assets		1.00%	[11],[12]	1.10%	[2],[3],[4]
Investment, Identifier [Axis]: ABB/Con-cise Optical Group LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[4],[17]			7.50%
Par / Units	[2],[3],[4],[17]			$ 6,722,000
Amortized Cost	[2],[3],[4],[17]			6,631,000
Fair Value	[2],[3],[4],[17]			$ 6,704,000
Percentage of Net Assets	[2],[3],[4],[17]			0.10%
Investment, Identifier [Axis]: ASP Conair Holdings LP, Class A Units
Schedule of Investments [Line Items]
Amortized Cost		$ 6,071,000	[11],[21],[23]	$ 6,071,000	[3],[25],[26]
Fair Value		$ 5,736,000	[11],[21],[23]	$ 5,444,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[11],[21],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: Accela, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.50%	[16]	7.50%	[2],[27]
Par / Units		$ 28,205,000	[16]	$ 27,800,000	[2],[27]
Amortized Cost		28,097,000	[16]	27,650,000	[2],[27]
Fair Value		$ 28,064,000	[16]	$ 27,521,000	[2],[27]
Percentage of Net Assets		0.50%	[16]	0.50%	[2],[27]
Investment, Identifier [Axis]: Accela, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.50%	[15],[28]	7.00%	[2],[17]
Par / Units		$ 0	[15],[28]	$ 0	[2],[17]
Amortized Cost		0	[15],[28]	0	[2],[17]
Fair Value		$ (15,000)	[15],[28]	$ (30,000)	[2],[17]
Percentage of Net Assets		0.00%	[15],[28]	0.00%	[2],[17]
Investment, Identifier [Axis]: Accelerate Topco Holdings, LLC, Common Units
Schedule of Investments [Line Items]
Amortized Cost	[11],[21],[23]	$ 14,000
Fair Value	[11],[21],[23]	$ 15,000
Percentage of Net Assets	[11],[21],[23]	0.00%
Investment, Identifier [Axis]: Accelerate topco Holdings, LLC, Common Units
Schedule of Investments [Line Items]
Amortized Cost	[3],[25],[26]			$ 14,000
Fair Value	[3],[25],[26]			$ 14,000
Percentage of Net Assets	[3],[25],[26]			0.00%
Investment, Identifier [Axis]: Access CIG, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.75%	[11],[16]	7.75%	[2],[3],[27]
Par / Units		$ 58,760,000	[11],[16]	$ 58,760,000	[2],[3],[27]
Amortized Cost		58,474,000	[11],[16]	58,429,000	[2],[3],[27]
Fair Value		$ 58,613,000	[11],[16]	$ 58,465,000	[2],[3],[27]
Percentage of Net Assets		1.00%	[11],[16]	1.00%	[2],[3],[27]
Investment, Identifier [Axis]: Acrisure, LLC, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		5.75%		5.75%
Par / Units		$ 9,950,000		$ 10,000,000
Amortized Cost		9,513,000		9,513,000
Fair Value		$ 9,975,000		$ 9,900,000
Percentage of Net Assets		2.40%		3.00%
Investment, Identifier [Axis]: Adenza Group, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28],[29]	5.75%
Par / Units	[11],[15],[28],[29]	$ 0
Amortized Cost	[11],[15],[28],[29]	(29,000)
Fair Value	[11],[15],[28],[29]	$ 0
Percentage of Net Assets	[11],[15],[28],[29]	0.00%
Investment, Identifier [Axis]: Adenza Group, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[16]	5.75%
Par / Units	[11],[16]	$ 199,718,000
Amortized Cost	[11],[16]	198,035,000
Fair Value	[11],[16]	$ 199,718,000
Percentage of Net Assets	[11],[16]	3.40%
Investment, Identifier [Axis]: Adenza Group, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28]	5.75%
Par / Units	[11],[15],[28]	$ 0
Amortized Cost	[11],[15],[28]	(117,000)
Fair Value	[11],[15],[28]	$ 0
Percentage of Net Assets	[11],[15],[28]	0.00%
Investment, Identifier [Axis]: Alera Group, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[16]	6.00%	[2],[3],[30]
Par / Units		$ 34,638,000	[11],[16]	$ 34,814,000	[2],[3],[30]
Amortized Cost		34,024,000	[11],[16]	34,150,000	[2],[3],[30]
Fair Value		$ 34,638,000	[11],[16]	$ 34,552,000	[2],[3],[30]
Percentage of Net Assets		0.60%	[11],[16]	0.60%	[2],[3],[30]
Investment, Identifier [Axis]: AmSpec Group, Inc. (fka AmSpec Services Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[31]	5.75%	[2],[3],[14]
Par / Units		$ 108,556,000	[11],[31]	$ 109,126,000	[2],[3],[14]
Amortized Cost		108,153,000	[11],[31]	108,530,000	[2],[3],[14]
Fair Value		$ 108,556,000	[11],[31]	$ 108,306,000	[2],[3],[14]
Percentage of Net Assets		1.80%	[11],[31]	1.80%	[2],[3],[14]
Investment, Identifier [Axis]: AmSpec Group, Inc. (fka AmSpec Services Inc.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		3.75%	[11],[15],[32]	4.75%	[2],[3],[14],[17]
Par / Units		$ 7,428,000	[11],[15],[32]	$ 3,073,000	[2],[3],[14],[17]
Amortized Cost		7,385,000	[11],[15],[32]	3,010,000	[2],[3],[14],[17]
Fair Value		$ 7,428,000	[11],[15],[32]	$ 2,965,000	[2],[3],[14],[17]
Percentage of Net Assets		0.10%	[11],[15],[32]	0.10%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Amergin Asset Management, LLC, Class A Units
Schedule of Investments [Line Items]
Amortized Cost		$ 1,000	[11],[13],[21],[23]	$ 0	[3],[5],[25],[26]
Fair Value		$ 0	[11],[13],[21],[23]	$ 0	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[11],[13],[21],[23]	0.00%	[3],[5],[25],[26]
Investment, Identifier [Axis]: AmeriLife Holdings LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[29],[33]	5.75%	[2],[3],[17],[34],[35]
Par / Units		$ 121,000	[11],[15],[29],[33]	$ 121,000	[2],[3],[17],[34],[35]
Amortized Cost		118,000	[11],[15],[29],[33]	118,000	[2],[3],[17],[34],[35]
Fair Value		$ 119,000	[11],[15],[29],[33]	$ 119,000	[2],[3],[17],[34],[35]
Percentage of Net Assets		0.00%	[11],[15],[29],[33]	0.00%	[2],[3],[17],[34],[35]
Investment, Identifier [Axis]: AmeriLife Holdings LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[33]	5.75%	[2],[3],[36]
Par / Units		$ 724,000	[11],[33]	$ 727,000	[2],[3],[36]
Amortized Cost		710,000	[11],[33]	713,000	[2],[3],[36]
Fair Value		$ 716,000	[11],[33]	$ 715,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[33]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: AmeriLife Holdings LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[33]	5.75%	[2],[3],[17],[37]
Par / Units		$ 15,000	[11],[15],[33]	$ 0	[2],[3],[17],[37]
Amortized Cost		14,000	[11],[15],[33]	(2,000)	[2],[3],[17],[37]
Fair Value		$ 14,000	[11],[15],[33]	$ (2,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[33]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Anaplan, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[16]	6.50%	[2],[3],[30]
Par / Units		$ 135,082,000	[11],[16]	$ 135,082,000	[2],[3],[30]
Amortized Cost		133,877,000	[11],[16]	133,807,000	[2],[3],[30]
Fair Value		$ 135,082,000	[11],[16]	$ 134,744,000	[2],[3],[30]
Percentage of Net Assets		2.30%	[11],[16]	2.30%	[2],[3],[30]
Investment, Identifier [Axis]: Anaplan, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28]	6.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(81,000)	[11],[15],[28]	(89,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ (24,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Apex Group Treasury LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[13],[38]	6.75%
Par / Units	[11],[13],[38]	$ 44,147,000
Amortized Cost	[11],[13],[38]	43,535,000
Fair Value	[11],[13],[38]	$ 43,375,000
Percentage of Net Assets	[11],[13],[38]	0.70%
Investment, Identifier [Axis]: Apex Group Treasury, LLC, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.75%		3.75%
Par / Units		$ 32,520,000		$ 32,685,000
Amortized Cost		32,426,000		32,584,000
Fair Value		$ 32,030,000		$ 31,050,000
Percentage of Net Assets		7.60%		9.40%
Investment, Identifier [Axis]: Apex Group Treasury, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[5],[14]			6.75%
Par / Units	[2],[3],[5],[14]			$ 44,147,000
Amortized Cost	[2],[3],[5],[14]			43,501,000
Fair Value	[2],[3],[5],[14]			$ 41,940,000
Percentage of Net Assets	[2],[3],[5],[14]			0.70%
Investment, Identifier [Axis]: Apex Service Partners Intermediate 2, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[3],[39]			12.50%
Par / Units		$ 53,329,000	[11],[40]	$ 48,639,000	[3],[39]
Amortized Cost		52,312,000	[11],[40]	47,529,000	[3],[39]
Fair Value		$ 52,663,000	[11],[40]	$ 47,666,000	[3],[39]
Percentage of Net Assets		0.90%	[11],[40]	0.80%	[3],[39]
Investment, Identifier [Axis]: Apex Service Partners, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[34],[35]			5.50%
Par / Units	[2],[3],[34],[35]			$ 997,000
Amortized Cost	[2],[3],[34],[35]			985,000
Fair Value	[2],[3],[34],[35]			$ 989,000
Percentage of Net Assets	[2],[3],[34],[35]			0.00%
Investment, Identifier [Axis]: Apex Service Partners, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[12]	5.50%
Par / Units	[11],[12]	$ 989,000
Amortized Cost	[11],[12]	979,000
Fair Value	[11],[12]	$ 987,000
Percentage of Net Assets	[11],[12]	0.00%
Investment, Identifier [Axis]: Apex Service Partners, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[15]	5.25%	[2],[3],[17],[35]
Par / Units		$ 0	[11],[15]	$ 31,000	[2],[3],[17],[35]
Amortized Cost		0	[11],[15]	31,000	[2],[3],[17],[35]
Fair Value		$ 0	[11],[15]	$ 31,000	[2],[3],[17],[35]
Percentage of Net Assets		0.00%	[11],[15]	0.00%	[2],[3],[17],[35]
Investment, Identifier [Axis]: Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		6.00%		6.00%
Par / Units		$ 33,932,000		$ 34,111,000
Amortized Cost		33,812,000		33,956,000
Fair Value		$ 29,191,000		$ 33,305,000
Percentage of Net Assets		7.00%		10.10%
Investment, Identifier [Axis]: Applied Composites Holdings, LLC (fka AC&A Enterprises Holdings, LLC), First lien senior secured revolving loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		6.00%		6.00%
Par / Units		$ 3,000,000		$ 3,000,000
Amortized Cost		2,997,000		2,995,000
Fair Value		$ 2,581,000		$ 2,928,000
Percentage of Net Assets		0.60%		0.90%
Investment, Identifier [Axis]: Apptio, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[38]	6.00%	[2],[3],[14]
Par / Units		$ 50,916,000	[11],[38]	$ 50,916,000	[2],[3],[14]
Amortized Cost		50,521,000	[11],[38]	50,404,000	[2],[3],[14]
Fair Value		$ 50,916,000	[11],[38]	$ 50,916,000	[2],[3],[14]
Percentage of Net Assets		0.90%	[11],[38]	0.90%	[2],[3],[14]
Investment, Identifier [Axis]: Apptio, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[15],[38]	6.00%	[2],[3],[14],[17]
Par / Units		$ 834,000	[11],[15],[38]	$ 1,667,000	[2],[3],[14],[17]
Amortized Cost		819,000	[11],[15],[38]	1,649,000	[2],[3],[14],[17]
Fair Value		$ 834,000	[11],[15],[38]	$ 1,667,000	[2],[3],[14],[17]
Percentage of Net Assets		0.00%	[11],[15],[38]	0.00%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Aptive Environmental, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		12.00%	[22],[40]	12.00%	[3],[39]
Par / Units		$ 12,601,000	[11],[40]	$ 12,228,000	[3],[39]
Amortized Cost		10,903,000	[11],[40]	10,256,000	[3],[39]
Fair Value		$ 11,877,000	[11],[40]	$ 11,005,000	[3],[39]
Percentage of Net Assets		0.20%	[11],[40]	0.20%	[3],[39]
Investment, Identifier [Axis]: Aramsco, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			5.25%
Par / Units	[2],[3],[27]			$ 55,322,000
Amortized Cost	[2],[3],[27]			54,893,000
Fair Value	[2],[3],[27]			$ 55,183,000
Percentage of Net Assets	[2],[3],[27]			0.90%
Investment, Identifier [Axis]: Aramsco, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[27]			5.25%
Par / Units	[2],[3],[17],[27]			$ 1,676,000
Amortized Cost	[2],[3],[17],[27]			1,618,000
Fair Value	[2],[3],[17],[27]			$ 1,655,000
Percentage of Net Assets	[2],[3],[17],[27]			0.00%
Investment, Identifier [Axis]: Ardonagh Midco 2 PLC, Unsecured notes
Schedule of Investments [Line Items]
Interest		11.50%	[13],[22],[40],[41]	11.50%	[3],[5],[39],[42]
Par / Units		$ 11,912,000	[11],[13],[40],[41]	$ 11,198,000	[3],[5],[39],[42]
Amortized Cost		11,854,000	[11],[13],[40],[41]	11,134,000	[3],[5],[39],[42]
Fair Value		$ 10,970,000	[11],[13],[40],[41]	$ 10,579,000	[3],[5],[39],[42]
Percentage of Net Assets		0.20%	[11],[13],[40],[41]	0.20%	[3],[5],[39],[42]
Investment, Identifier [Axis]: Ardonagh Midco 3 PLC, First lien senior secured EUR term loan
Schedule of Investments [Line Items]
Interest		7.25%	[11],[13],[43]	7.00%	[2],[3],[5],[44]
Par / Units		$ 9,966,000	[11],[13],[43]	$ 9,749,000	[2],[3],[5],[44]
Amortized Cost		10,078,000	[11],[13],[43]	10,056,000	[2],[3],[5],[44]
Fair Value		$ 9,966,000	[11],[13],[43]	$ 9,724,000	[2],[3],[5],[44]
Percentage of Net Assets		0.20%	[11],[13],[43]	0.20%	[2],[3],[5],[44]
Investment, Identifier [Axis]: Ardonagh Midco 3 PLC, First lien senior secured GBP delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[13],[43]	5.75%	[2],[3],[5],[34],[45]
Par / Units		$ 10,361,000	[11],[13],[43]	$ 9,803,000	[2],[3],[5],[34],[45]
Amortized Cost		11,024,000	[11],[13],[43]	11,009,000	[2],[3],[5],[34],[45]
Fair Value		$ 10,309,000	[11],[13],[43]	$ 9,729,000	[2],[3],[5],[34],[45]
Percentage of Net Assets		0.20%	[11],[13],[43]	0.20%	[2],[3],[5],[34],[45]
Investment, Identifier [Axis]: Ardonagh Midco 3 PLC, First lien senior secured GBP term loan
Schedule of Investments [Line Items]
Interest		7.25%	[11],[13],[46]	7.00%	[2],[3],[5],[47]
Par / Units		$ 110,173,000	[11],[13],[46]	$ 104,242,000	[2],[3],[5],[47]
Amortized Cost		107,434,000	[11],[13],[46]	107,189,000	[2],[3],[5],[47]
Fair Value		$ 110,173,000	[11],[13],[46]	$ 104,242,000	[2],[3],[5],[47]
Percentage of Net Assets		1.90%	[11],[13],[46]	1.80%	[2],[3],[5],[47]
Investment, Identifier [Axis]: Ardonagh Midco 3 PLC, First lien senior secured USD term loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[13],[33]	5.75%	[2],[3],[4],[5]
Par / Units		$ 26,784,000	[11],[13],[33]	$ 26,784,000	[2],[3],[4],[5]
Amortized Cost		26,431,000	[11],[13],[33]	26,382,000	[2],[3],[4],[5]
Fair Value		$ 26,650,000	[11],[13],[33]	$ 26,583,000	[2],[3],[4],[5]
Percentage of Net Assets		0.40%	[11],[13],[33]	0.50%	[2],[3],[4],[5]
Investment, Identifier [Axis]: Armstrong Bidco Limited (dba The Access Group), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[13],[15],[29],[46]	5.25%	[2],[3],[5],[17],[34],[47]
Par / Units		$ 1,133,000	[11],[13],[15],[29],[46]	$ 947,000	[2],[3],[5],[17],[34],[47]
Amortized Cost		1,072,000	[11],[13],[15],[29],[46]	945,000	[2],[3],[5],[17],[34],[47]
Fair Value		$ 1,125,000	[11],[13],[15],[29],[46]	$ 935,000	[2],[3],[5],[17],[34],[47]
Percentage of Net Assets		0.00%	[11],[13],[15],[29],[46]	0.00%	[2],[3],[5],[17],[34],[47]
Investment, Identifier [Axis]: Armstrong Bidco Limited (dba The Access Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[13],[46]	5.25%	[2],[3],[5],[47]
Par / Units		$ 2,473,000	[11],[13],[46]	$ 2,340,000	[2],[3],[5],[47]
Amortized Cost		2,340,000	[11],[13],[46]	2,336,000	[2],[3],[5],[47]
Fair Value		$ 2,454,000	[11],[13],[46]	$ 2,310,000	[2],[3],[5],[47]
Percentage of Net Assets		0.00%	[11],[13],[46]	0.00%	[2],[3],[5],[47]
Investment, Identifier [Axis]: Aruba Investments Holdings LLC (dba Angus Chemical Company), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%		3.75%
Par / Units		$ 17,784,000		$ 15,874,000
Amortized Cost		17,407,000		15,525,000
Fair Value		$ 17,131,000		$ 15,398,000
Percentage of Net Assets		4.10%		4.70%
Investment, Identifier [Axis]: Aruba Investments Holdings LLC (dba Angus Chemical Company), Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.75%	[11],[48]	7.75%	[2],[3],[27]
Par / Units		$ 10,000,000	[11],[48]	$ 10,000,000	[2],[3],[27]
Amortized Cost		9,889,000	[11],[48]	9,880,000	[2],[3],[27]
Fair Value		$ 8,800,000	[11],[48]	$ 9,850,000	[2],[3],[27]
Percentage of Net Assets		0.10%	[11],[48]	0.20%	[2],[3],[27]
Investment, Identifier [Axis]: Ascend Buyer, LLC (dba PPC Flexible Packaging), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.40%	[11],[12]	6.25%	[2],[3],[30]
Par / Units		$ 5,470,000	[11],[12]	$ 5,498,000	[2],[3],[30]
Amortized Cost		5,426,000	[11],[12]	5,451,000	[2],[3],[30]
Fair Value		$ 5,470,000	[11],[12]	$ 5,457,000	[2],[3],[30]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[30]
Investment, Identifier [Axis]: Ascend Buyer, LLC (dba PPC Flexible Packaging), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.40%	[11],[15],[28]	6.25%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(4,000)	[11],[15],[28]	(4,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ (4,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Associations Finance, Inc., Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			12.00%
Amortized Cost		$ 58,876,000	[11],[23],[40]	$ 55,348,000	[3],[26],[39]
Fair Value		$ 59,631,000	[11],[23],[40]	$ 55,641,000	[3],[26],[39]
Percentage of Net Assets		1.00%	[11],[23],[40]	0.90%	[3],[26],[39]
Investment, Identifier [Axis]: Associations, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		6.50%	[12],[15],[22],[29]	6.50%	[2],[3],[17],[34],[36]
Par / Units		$ 32,242,000	[11],[12],[15],[29]	$ 3,714,000	[2],[3],[17],[34],[36]
Amortized Cost		31,851,000	[11],[12],[15],[29]	3,274,000	[2],[3],[17],[34],[36]
Fair Value		$ 31,870,000	[11],[12],[15],[29]	$ 3,590,000	[2],[3],[17],[34],[36]
Percentage of Net Assets		0.50%	[11],[12],[15],[29]	0.10%	[2],[3],[17],[34],[36]
Investment, Identifier [Axis]: Associations, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	6.50%	[2],[3],[36]
Par / Units		$ 361,279,000	[11],[12]	$ 386,382,000	[2],[3],[36]
Amortized Cost		358,879,000	[11],[12]	383,491,000	[2],[3],[36]
Fair Value		$ 358,569,000	[11],[12]	$ 385,414,000	[2],[3],[36]
Percentage of Net Assets		6.00%	[11],[12]	6.60%	[2],[3],[36]
Investment, Identifier [Axis]: Associations, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28]	4.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(220,000)	[11],[15],[28]	(247,000)	[2],[3],[17],[37]
Fair Value		$ (247,000)	[11],[15],[28]	$ (82,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: AssuredPartners, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.25%		4.25%
Par / Units		$ 4,963,000		$ 4,988,000
Amortized Cost		4,811,000		4,822,000
Fair Value		$ 4,947,000		$ 4,875,000
Percentage of Net Assets		1.20%		1.50%
Investment, Identifier [Axis]: Asurion, LLC, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.00%
Par / Units		$ 7,910,000
Amortized Cost		7,902,000
Fair Value		$ 7,898,000
Percentage of Net Assets		1.90%
Investment, Identifier [Axis]: Athenahealth, Inc., First lien senior secured delayed draw term loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.50%		3.50%
Par / Units		$ 0		$ 0
Amortized Cost		(3,000)		(4,000)
Fair Value		$ (73,000)		$ (206,000)
Percentage of Net Assets		0.00%		0.00%
Investment, Identifier [Axis]: Athenahealth, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.50%		3.50%
Par / Units		$ 17,651,000		$ 17,741,000
Amortized Cost		17,581,000		17,665,000
Fair Value		$ 16,968,000		$ 15,974,000
Percentage of Net Assets		4.10%		4.80%
Investment, Identifier [Axis]: Aviation Solutions Midco, LLC (dba STS Aviation), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.25%	[11],[16]	7.25%	[2],[3],[14]
Par / Units		$ 211,695,000	[11],[16]	$ 212,678,000	[2],[3],[14]
Amortized Cost		210,456,000	[11],[16]	211,054,000	[2],[3],[14]
Fair Value		$ 210,636,000	[11],[16]	$ 205,233,000	[2],[3],[14]
Percentage of Net Assets		3.50%	[11],[16]	3.50%	[2],[3],[14]
Investment, Identifier [Axis]: AxiomSL Group, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34],[37]			5.75%
Par / Units	[2],[3],[17],[34],[37]			$ 0
Amortized Cost	[2],[3],[17],[34],[37]			(32,000)
Fair Value	[2],[3],[17],[34],[37]			$ (42,000)
Percentage of Net Assets	[2],[3],[17],[34],[37]			0.00%
Investment, Identifier [Axis]: AxiomSL Group, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			5.75%
Par / Units	[2],[3],[27]			$ 200,737,000
Amortized Cost	[2],[3],[27]			198,896,000
Fair Value	[2],[3],[27]			$ 197,726,000
Percentage of Net Assets	[2],[3],[27]			3.40%
Investment, Identifier [Axis]: AxiomSL Group, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[37]			5.75%
Par / Units	[2],[3],[17],[37]			$ 0
Amortized Cost	[2],[3],[17],[37]			(141,000)
Fair Value	[2],[3],[17],[37]			$ (273,000)
Percentage of Net Assets	[2],[3],[17],[37]			0.00%
Investment, Identifier [Axis]: BCPE Empire Holdings, Inc. (dba Imperial-Dade), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.75%		4.63%
Par / Units		$ 24,750,000		$ 24,813,000
Amortized Cost		23,825,000		24,044,000
Fair Value		$ 24,661,000		$ 24,068,000
Percentage of Net Assets		5.90%		7.30%
Investment, Identifier [Axis]: BCPE Nucleon (DE) SPV, LP, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[13],[31]	7.00%	[2],[3],[4],[5]
Par / Units		$ 189,778,000	[11],[13],[31]	$ 189,778,000	[2],[3],[4],[5]
Amortized Cost		188,005,000	[11],[13],[31]	187,787,000	[2],[3],[4],[5]
Fair Value		$ 189,778,000	[11],[13],[31]	$ 189,303,000	[2],[3],[4],[5]
Percentage of Net Assets		3.20%	[11],[13],[31]	3.20%	[2],[3],[4],[5]
Investment, Identifier [Axis]: BCPE Osprey Buyer, Inc. (dba PartsSource), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28],[29]	5.75%	[2],[3],[17],[34],[37]
Par / Units		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		(209,000)	[11],[15],[28],[29]	(229,000)	[2],[3],[17],[34],[37]
Fair Value		$ (175,000)	[11],[15],[28],[29]	$ (315,000)	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[28],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: BCPE Osprey Buyer, Inc. (dba PartsSource), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[38]	5.75%	[2],[3],[14]
Par / Units		$ 112,341,000	[11],[38]	$ 112,911,000	[2],[3],[14]
Amortized Cost		110,929,000	[11],[38]	111,391,000	[2],[3],[14]
Fair Value		$ 110,375,000	[11],[38]	$ 110,371,000	[2],[3],[14]
Percentage of Net Assets		1.90%	[11],[38]	1.90%	[2],[3],[14]
Investment, Identifier [Axis]: BCPE Osprey Buyer, Inc. (dba PartsSource), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[38]	5.75%	[2],[3],[17],[37]
Par / Units		$ 4,479,000	[11],[15],[38]	$ 0	[2],[3],[17],[37]
Amortized Cost		4,350,000	[11],[15],[38]	(149,000)	[2],[3],[17],[37]
Fair Value		$ 4,271,000	[11],[15],[38]	$ (267,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.10%	[11],[15],[38]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: BCPE Watson (DE) ORML, LP, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[13],[33],[49]	6.50%	[1],[2],[3],[5],[35]
Par / Units		$ 15,000,000	[11],[13],[33],[49]	$ 15,000,000	[1],[2],[3],[5],[35]
Amortized Cost		14,869,000	[11],[13],[33],[49]	14,860,000	[1],[2],[3],[5],[35]
Fair Value		$ 14,925,000	[11],[13],[33],[49]	$ 14,850,000	[1],[2],[3],[5],[35]
Percentage of Net Assets		0.30%	[11],[13],[33],[49]	0.30%	[1],[2],[3],[5],[35]
Investment, Identifier [Axis]: BCTO BSI Buyer, Inc. (dba Buildertrend), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[36]			8.00%
Par / Units		$ 55,101,000	[11],[12]	$ 52,752,000	[2],[3],[36]
Amortized Cost		54,723,000	[11],[12]	52,332,000	[2],[3],[36]
Fair Value		$ 55,101,000	[11],[12]	$ 52,752,000	[2],[3],[36]
Percentage of Net Assets		0.90%	[11],[12]	0.90%	[2],[3],[36]
Investment, Identifier [Axis]: BCTO BSI Buyer, Inc. (dba Buildertrend), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[15],[28]	8.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(74,000)	[11],[15],[28]	(84,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: BCTO WIW Holdings, Inc. (dba When I Work), Class A Common Stock
Schedule of Investments [Line Items]
Amortized Cost		$ 1,300,000	[11],[21],[23]	$ 1,300,000	[3],[25],[26]
Fair Value		$ 1,171,000	[11],[21],[23]	$ 1,171,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: BEHP Co-Investor II, L.P., LP Interest
Schedule of Investments [Line Items]
Amortized Cost		$ 1,266,000	[11],[13],[21],[23]	$ 1,266,000	[3],[5],[25],[26]
Fair Value		$ 1,325,000	[11],[13],[21],[23]	$ 1,270,000	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[11],[13],[21],[23]	0.00%	[3],[5],[25],[26]
Investment, Identifier [Axis]: BP Veraison Buyer, LLC (dba Sun World), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34],[37]			5.50%
Par / Units	[2],[3],[17],[34],[37]			$ 0
Amortized Cost	[2],[3],[17],[34],[37]			(26,000)
Fair Value	[2],[3],[17],[34],[37]			$ 0
Percentage of Net Assets	[2],[3],[17],[34],[37]			0.00%
Investment, Identifier [Axis]: BP Veraison Buyer, LLC (dba Sun World), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12]	5.50%	[2],[3],[14]
Par / Units		$ 68,335,000	[11],[12]	$ 68,684,000	[2],[3],[14]
Amortized Cost		67,745,000	[11],[12]	68,029,000	[2],[3],[14]
Fair Value		$ 67,993,000	[11],[12]	$ 68,169,000	[2],[3],[14]
Percentage of Net Assets		1.10%	[11],[12]	1.20%	[2],[3],[14]
Investment, Identifier [Axis]: BP Veraison Buyer, LLC (dba Sun World), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[15],[28]	5.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(70,000)	[11],[15],[28]	(79,000)	[2],[3],[17],[37]
Fair Value		$ (44,000)	[11],[15],[28]	$ (65,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: BW Holding, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%		4.00%
Par / Units		$ 12,135,000		$ 12,197,000
Amortized Cost		11,924,000		11,971,000
Fair Value		$ 11,063,000		$ 11,221,000
Percentage of Net Assets		2.70%		3.40%
Investment, Identifier [Axis]: Balrog Acquisition, Inc. (dba Bakemark), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%		4.00%
Par / Units		$ 24,625,000		$ 24,750,000
Amortized Cost		24,424,000		24,533,000
Fair Value		$ 24,263,000		$ 24,193,000
Percentage of Net Assets		5.80%		7.30%
Investment, Identifier [Axis]: Balrog Acquisition, Inc. (dba Bakemark), Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[12]	7.00%	[2],[3],[14]
Par / Units		$ 22,000,000	[11],[12]	$ 22,000,000	[2],[3],[14]
Amortized Cost		21,846,000	[11],[12]	21,838,000	[2],[3],[14]
Fair Value		$ 21,780,000	[11],[12]	$ 21,780,000	[2],[3],[14]
Percentage of Net Assets		0.40%	[11],[12]	0.40%	[2],[3],[14]
Investment, Identifier [Axis]: Barracuda Networks, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.50%		4.50%
Par / Units		$ 24,875,000		$ 25,000,000
Amortized Cost		24,203,000		24,282,000
Fair Value		$ 23,962,000		$ 24,063,000
Percentage of Net Assets		5.80%		7.30%
Investment, Identifier [Axis]: Bayshore Intermediate #2, L.P. (dba Boomi), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			7.75%
Par / Units		$ 99,015,000	[11],[12]	$ 92,829,000	[2],[3],[27]
Amortized Cost		97,501,000	[11],[12]	91,215,000	[2],[3],[27]
Fair Value		$ 97,530,000	[11],[12]	$ 90,973,000	[2],[3],[27]
Percentage of Net Assets		1.60%	[11],[12]	1.50%	[2],[3],[27]
Investment, Identifier [Axis]: Bayshore Intermediate #2, L.P. (dba Boomi), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12],[15]	6.75%	[2],[3],[17],[27]
Par / Units		$ 1,384,000	[11],[12],[15]	$ 2,306,000	[2],[3],[17],[27]
Amortized Cost		1,274,000	[11],[12],[15]	2,183,000	[2],[3],[17],[27]
Fair Value		$ 1,280,000	[11],[12],[15]	$ 2,168,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: Blackhawk Network Holdings, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[38]	7.00%	[2],[3],[14]
Par / Units		$ 106,400,000	[11],[38]	$ 106,400,000	[2],[3],[14]
Amortized Cost		105,949,000	[11],[38]	105,887,000	[2],[3],[14]
Fair Value		$ 106,134,000	[11],[38]	$ 105,869,000	[2],[3],[14]
Percentage of Net Assets		1.80%	[11],[38]	1.80%	[2],[3],[14]
Investment, Identifier [Axis]: Blend Labs, Inc., Common stock
Schedule of Investments [Line Items]
Amortized Cost		$ 1,000,000	[11],[21],[50]	$ 1,000,000	[3],[25],[51]
Fair Value		$ 68,000	[11],[21],[50]	$ 104,000	[3],[25],[51]
Percentage of Net Assets		0.00%	[11],[21],[50]	0.00%	[3],[25],[51]
Investment, Identifier [Axis]: Blend Labs, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.50%	[11],[16]	7.50%	[2],[3],[30]
Par / Units		$ 67,500,000	[11],[16]	$ 67,500,000	[2],[3],[30]
Amortized Cost		66,423,000	[11],[16]	66,275,000	[2],[3],[30]
Fair Value		$ 65,813,000	[11],[16]	$ 66,319,000	[2],[3],[30]
Percentage of Net Assets		1.10%	[11],[16]	1.10%	[2],[3],[30]
Investment, Identifier [Axis]: Blend Labs, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.50%	[11],[15],[28]	7.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(45,000)	[11],[15],[28]	(52,000)	[2],[3],[17],[37]
Fair Value		$ (188,000)	[11],[15],[28]	$ (131,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Blend Labs, Inc., Warrants
Schedule of Investments [Line Items]
Amortized Cost		$ 975,000	[11],[21],[23]	$ 975,000	[3],[25],[26]
Fair Value		$ 1,000	[11],[21],[23]	$ 5,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: Bleriot US Bidco Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%		4.00%
Par / Units		$ 25,239,000		$ 25,368,000
Amortized Cost		25,162,000		25,282,000
Fair Value		$ 25,201,000		$ 25,049,000
Percentage of Net Assets		6.10%		7.60%
Investment, Identifier [Axis]: Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)(c)
Schedule of Investments [Line Items]
Fair Value	[52]	$ 364,428,000		$ 288,981,000
Investment, Identifier [Axis]: Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC), LLC Interest
Schedule of Investments [Line Items]
Amortized Cost	[13],[20],[23],[49],[53]	385,339,000
Fair Value	[13],[20],[23],[49],[53]	$ 364,428,000
Percentage of Net Assets	[13],[20],[23],[49],[53]	6.10%
Investment, Identifier [Axis]: Bracket Intermediate Holding Corp., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			4.25%
Par / Units	[2],[3],[14]			$ 510,000
Amortized Cost	[2],[3],[14]			489,000
Fair Value	[2],[3],[14]			$ 487,000
Percentage of Net Assets	[2],[3],[14]			0.00%
Investment, Identifier [Axis]: Bracket Intermediate Holding Corp., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		5.00%
Par / Units		$ 19,999,000
Amortized Cost		19,415,000
Fair Value		$ 19,600,000
Percentage of Net Assets		4.70%
Investment, Identifier [Axis]: Bracket Intermediate Holding Corp., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			8.13%
Par / Units	[2],[3],[14]			$ 26,250,000
Amortized Cost	[2],[3],[14]			25,959,000
Fair Value	[2],[3],[14]			$ 25,200,000
Percentage of Net Assets	[2],[3],[14]			0.40%
Investment, Identifier [Axis]: BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12]	6.25%	[2],[3],[36]
Par / Units		$ 132,753,000	[11],[12]	$ 133,438,000	[2],[3],[36]
Amortized Cost		131,540,000	[11],[12]	131,992,000	[2],[3],[36]
Fair Value		$ 132,753,000	[11],[12]	$ 133,104,000	[2],[3],[36]
Percentage of Net Assets		2.20%	[11],[12]	2.30%	[2],[3],[36]
Investment, Identifier [Axis]: BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12],[15]	6.25%	[2],[3],[17],[37]
Par / Units		$ 2,277,000	[11],[12],[15]	$ 0	[2],[3],[17],[37]
Amortized Cost		2,147,000	[11],[12],[15]	(176,000)	[2],[3],[17],[37]
Fair Value		$ 2,277,000	[11],[12],[15]	$ (54,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Brightway Holdings, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	6.50%	[2],[3],[27]
Par / Units		$ 26,507,000	[11],[12]	$ 26,641,000	[2],[3],[27]
Amortized Cost		26,245,000	[11],[12]	26,355,000	[2],[3],[27]
Fair Value		$ 25,976,000	[11],[12]	$ 26,108,000	[2],[3],[27]
Percentage of Net Assets		0.40%	[11],[12]	0.40%	[2],[3],[27]
Investment, Identifier [Axis]: Brightway Holdings, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12],[15]	6.50%	[2],[3],[17],[37]
Par / Units		$ 1,579,000	[11],[12],[15]	$ 0	[2],[3],[17],[37]
Amortized Cost		1,550,000	[11],[12],[15]	(33,000)	[2],[3],[17],[37]
Fair Value		$ 1,516,000	[11],[12],[15]	$ (63,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Broadstreet Partners, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%
Par / Units		$ 4,999,000
Amortized Cost		4,939,000
Fair Value		$ 4,964,000
Percentage of Net Assets		1.20%
Investment, Identifier [Axis]: Brooklyn Lender Co-Invest 2, L.P. (dba Boomi), Common Units
Schedule of Investments [Line Items]
Amortized Cost		$ 7,504,000	[11],[21],[23]	$ 7,504,000	[3],[25],[26]
Fair Value		$ 7,707,000	[11],[21],[23]	$ 7,378,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[11],[21],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: CD&R Value Building Partners I, L.P. (dba Belron), LP Interest
Schedule of Investments [Line Items]
Amortized Cost		$ 32,911,000	[11],[13],[21],[23]	$ 33,107,000	[3],[5],[25],[26]
Fair Value		$ 35,154,000	[11],[13],[21],[23]	$ 33,955,000	[3],[5],[25],[26]
Percentage of Net Assets		0.60%	[11],[13],[21],[23]	0.60%	[3],[5],[25],[26]
Investment, Identifier [Axis]: CDK Global, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.25%		4.50%
Par / Units		$ 24,875,000		$ 25,000,000
Amortized Cost		24,211,000		24,292,000
Fair Value		$ 24,788,000		$ 24,745,000
Percentage of Net Assets		6.00%		7.50%
Investment, Identifier [Axis]: CHA Holding, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.50%		4.50%
Par / Units		$ 40,062,000		$ 40,272,000
Amortized Cost		39,937,000		40,115,000
Fair Value		$ 39,661,000		$ 39,466,000
Percentage of Net Assets		9.40%		11.90%
Investment, Identifier [Axis]: CIBT Global, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[12],[54]	5.25%	[2],[3],[14],[55]
Par / Units		$ 903,000	[11],[12],[54]	$ 903,000	[2],[3],[14],[55]
Amortized Cost		602,000	[11],[12],[54]	616,000	[2],[3],[14],[55]
Fair Value		$ 582,000	[11],[12],[54]	$ 470,000	[2],[3],[14],[55]
Percentage of Net Assets		0.00%	[11],[12],[54]	0.00%	[2],[3],[14],[55]
Investment, Identifier [Axis]: CIBT Global, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14],[55]			7.75%
Par / Units		$ 63,678,000	[11],[12],[54]	$ 63,678,000	[2],[3],[14],[55]
Amortized Cost		26,732,000	[11],[12],[54]	26,736,000	[2],[3],[14],[55]
Fair Value		$ 6,049,000	[11],[12],[54]	$ 6,048,000	[2],[3],[14],[55]
Percentage of Net Assets		0.10%	[11],[12],[54]	0.10%	[2],[3],[14],[55]
Investment, Identifier [Axis]: CP PIK DEBT ISSUER, LLC (dba CivicPlus, LLC), Unsecured notes
Schedule of Investments [Line Items]
Interest	[2],[3],[35]			11.75%
Par / Units		$ 19,587,000	[11],[33]	$ 17,837,000	[2],[3],[35]
Amortized Cost		19,126,000	[11],[33]	17,357,000	[2],[3],[35]
Fair Value		$ 19,489,000	[11],[33]	$ 17,569,000	[2],[3],[35]
Percentage of Net Assets		0.30%	[11],[33]	0.30%	[2],[3],[35]
Investment, Identifier [Axis]: CSC MKG Topco LLC (dba Medical Knowledge Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[16]	5.75%
Par / Units	[11],[16]	$ 1,268,000
Amortized Cost	[11],[16]	1,247,000
Fair Value	[11],[16]	$ 1,249,000
Percentage of Net Assets	[11],[16]	0.00%
Investment, Identifier [Axis]: CSC Mkg Topco LLC (dba Medical Knowledge Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			5.75%
Par / Units	[2],[3],[27]			$ 1,274,000
Amortized Cost	[2],[3],[27]			1,252,000
Fair Value	[2],[3],[27]			$ 1,246,000
Percentage of Net Assets	[2],[3],[27]			0.00%
Investment, Identifier [Axis]: Cadence, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		5.00%		5.00%
Par / Units		$ 26,300,000		$ 28,640,000
Amortized Cost		26,097,000		28,277,000
Fair Value		$ 25,480,000		$ 27,793,000
Percentage of Net Assets		6.10%		8.40%
Investment, Identifier [Axis]: Cadence, Inc., First lien senior secured revolving loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest				5.00%
Par / Units				$ 2,921,000
Amortized Cost				2,892,000
Fair Value				$ 2,704,000
Percentage of Net Assets				0.80%
Investment, Identifier [Axis]: Cadence, Inc., First lien senior secured revolving loan 1 | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		5.00%
Par / Units		$ 2,202,000
Amortized Cost		2,106,000
Fair Value		$ 2,133,000
Percentage of Net Assets		0.50%
Investment, Identifier [Axis]: Cadence, Inc., First lien senior secured revolving loan 2 | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		5.04%
Par / Units		$ 4,095,000
Amortized Cost		4,076,000
Fair Value		$ 3,867,000
Percentage of Net Assets		0.90%
Investment, Identifier [Axis]: Capstone Acquisition Holdings, Inc., First lien senior secured delayed draw term loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.75%		4.75%
Par / Units		$ 913,000		$ 334,000
Amortized Cost		907,000		331,000
Fair Value		$ 911,000		$ 333,000
Percentage of Net Assets		0.20%		0.10%
Investment, Identifier [Axis]: Capstone Acquisition Holdings, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.75%		4.75%
Par / Units		$ 14,296,000		$ 4,953,000
Amortized Cost		14,195,000		4,916,000
Fair Value		$ 14,260,000		$ 4,941,000
Percentage of Net Assets		3.40%		1.50%
Investment, Identifier [Axis]: Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[11],[12],[15],[29]	5.50%
Par / Units	[11],[12],[15],[29]	$ 2,362,000
Amortized Cost	[11],[12],[15],[29]	2,311,000
Fair Value	[11],[12],[15],[29]	$ 2,168,000
Percentage of Net Assets	[11],[12],[15],[29]	0.00%
Investment, Identifier [Axis]: Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[12]	5.50%
Par / Units	[11],[12]	$ 10,498,000
Amortized Cost	[11],[12]	10,306,000
Fair Value	[11],[12]	$ 9,868,000
Percentage of Net Assets	[11],[12]	0.20%
Investment, Identifier [Axis]: Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[15],[16]	5.50%
Par / Units	[11],[15],[16]	$ 714,000
Amortized Cost	[11],[15],[16]	700,000
Fair Value	[11],[15],[16]	$ 666,000
Percentage of Net Assets	[11],[15],[16]	0.00%
Investment, Identifier [Axis]: Centrify Corporation, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	6.00%	[2],[3],[14]
Par / Units		$ 65,892,000	[11],[12]	$ 66,229,000	[2],[3],[14]
Amortized Cost		64,689,000	[11],[12]	64,922,000	[2],[3],[14]
Fair Value		$ 65,399,000	[11],[12]	$ 65,401,000	[2],[3],[14]
Percentage of Net Assets		1.10%	[11],[12]	1.10%	[2],[3],[14]
Investment, Identifier [Axis]: Centrify Corporation, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	6.00%	[2],[3],[14]
Par / Units		$ 0	[11],[15],[28]	$ 6,817,000	[2],[3],[14]
Amortized Cost		(123,000)	[11],[15],[28]	6,678,000	[2],[3],[14]
Fair Value		$ (51,000)	[11],[15],[28]	$ 6,732,000	[2],[3],[14]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.10%	[2],[3],[14]
Investment, Identifier [Axis]: Chapford SMA Partnership, L.P.
Schedule of Investments [Line Items]
Fair Value				$ 6,175,000		0
Investment, Identifier [Axis]: Circana Group, L.P. (fka The NPD Group, L.P.), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[16]	6.25%
Par / Units	[11],[16]	$ 23,936,000
Amortized Cost	[11],[16]	23,503,000
Fair Value	[11],[16]	$ 23,636,000
Percentage of Net Assets	[11],[16]	0.40%
Investment, Identifier [Axis]: Circana Group, L.P. (fka The NPD Group, L.P.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[15],[16]	5.75%
Par / Units	[11],[15],[16]	$ 121,000
Amortized Cost	[11],[15],[16]	96,000
Fair Value	[11],[15],[16]	$ 102,000
Percentage of Net Assets	[11],[15],[16]	0.00%
Investment, Identifier [Axis]: CivicPlus, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.75%	[22],[38]	6.75%	[2],[3],[14]
Par / Units		$ 35,133,000	[11],[38]	$ 34,693,000	[2],[3],[14]
Amortized Cost		34,861,000	[11],[38]	34,394,000	[2],[3],[14]
Fair Value		$ 35,133,000	[11],[38]	$ 34,606,000	[2],[3],[14]
Percentage of Net Assets		0.60%	[11],[38]	0.60%	[2],[3],[14]
Investment, Identifier [Axis]: CivicPlus, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[15],[48]	6.25%	[2],[3],[17],[37]
Par / Units		$ 486,000	[11],[15],[48]	$ 0	[2],[3],[17],[37]
Amortized Cost		466,000	[11],[15],[48]	(22,000)	[2],[3],[17],[37]
Fair Value		$ 486,000	[11],[15],[48]	$ (7,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[48]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Conair Holdings LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[38]	7.50%
Par / Units	[11],[38]	$ 187,500,000
Amortized Cost	[11],[38]	186,373,000
Fair Value	[11],[38]	$ 176,250,000
Percentage of Net Assets	[11],[38]	3.00%
Investment, Identifier [Axis]: Conair Holdings, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			7.50%
Par / Units	[2],[3],[14]			$ 187,500,000
Amortized Cost	[2],[3],[14]			186,310,000
Fair Value	[2],[3],[14]			$ 170,626,000
Percentage of Net Assets	[2],[3],[14]			2.90%
Investment, Identifier [Axis]: Confluent Health, LLC, First lien senior secured delayed draw term loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest				4.00%
Par / Units				$ 2,514,000
Amortized Cost				2,496,000
Fair Value				$ 2,426,000
Percentage of Net Assets				0.70%
Investment, Identifier [Axis]: Confluent Health, LLC, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%		4.00%
Par / Units		$ 24,715,000		$ 20,419,000
Amortized Cost		24,616,000		20,331,000
Fair Value		$ 23,109,000		$ 20,011,000
Percentage of Net Assets		5.50%		6.10%
Investment, Identifier [Axis]: Confluent Medical Technologies, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.75%		3.75%
Par / Units		$ 4,938,000		$ 4,963,000
Amortized Cost		4,917,000		4,940,000
Fair Value		$ 4,863,000		$ 4,702,000
Percentage of Net Assets		1.20%		1.40%
Investment, Identifier [Axis]: Confluent Medical Technologies, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	6.50%	[2],[3],[36]
Par / Units		$ 1,000,000	[11],[12]	$ 1,000,000	[2],[3],[36]
Amortized Cost		983,000	[11],[12]	983,000	[2],[3],[36]
Fair Value		$ 983,000	[11],[12]	$ 948,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: ConnectWise, LLC, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.50%		3.50%
Par / Units		$ 16,745,000		$ 16,830,000
Amortized Cost		16,679,000		16,759,000
Fair Value		$ 16,274,000		$ 15,951,000
Percentage of Net Assets		3.90%		4.80%
Investment, Identifier [Axis]: CoolSys, Inc., First lien senior secured delayed draw term loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.75%		4.75%
Par / Units		$ 322,000		$ 0
Amortized Cost		172,000		(19,000)
Fair Value		$ (30,000)		$ (467,000)
Percentage of Net Assets		0.00%		0.00%
Investment, Identifier [Axis]: CoolSys, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.75%		4.75%
Par / Units		$ 23,141,000		$ 13,932,000
Amortized Cost		22,314,000		13,817,000
Fair Value		$ 21,186,000		$ 11,250,000
Percentage of Net Assets		5.10%		3.40%
Investment, Identifier [Axis]: CoreLogic Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.50%		3.50%
Par / Units		$ 7,307,000		$ 12,357,000
Amortized Cost		6,853,000		11,545,000
Fair Value		$ 6,588,000		$ 10,273,000
Percentage of Net Assets		1.60%		3.10%
Investment, Identifier [Axis]: Corgi Bidco, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		5.00%		5.00%
Par / Units		$ 14,963,000		$ 15,000,000
Amortized Cost		14,136,000		14,126,000
Fair Value		$ 13,903,000		$ 14,018,000
Percentage of Net Assets		3.30%		4.20%
Investment, Identifier [Axis]: Cornerstone OnDemand, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	6.50%	[2],[3],[27]
Par / Units		$ 115,833,000	[11],[12]	$ 115,833,000	[2],[3],[27]
Amortized Cost		114,374,000	[11],[12]	114,294,000	[2],[3],[27]
Fair Value		$ 108,883,000	[11],[12]	$ 111,200,000	[2],[3],[27]
Percentage of Net Assets		1.80%	[11],[12]	1.90%	[2],[3],[27]
Investment, Identifier [Axis]: Coupa Holdings, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28],[29]	7.50%
Par / Units	[11],[15],[28],[29]	$ 0
Amortized Cost	[11],[15],[28],[29]	(1,000)
Fair Value	[11],[15],[28],[29]	$ (1,000)
Percentage of Net Assets	[11],[15],[28],[29]	0.00%
Investment, Identifier [Axis]: Coupa Holdings, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[16]	7.50%
Par / Units	[11],[16]	$ 785,000
Amortized Cost	[11],[16]	766,000
Fair Value	[11],[16]	$ 766,000
Percentage of Net Assets	[11],[16]	0.00%
Investment, Identifier [Axis]: Coupa Holdings, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28]	7.50%
Par / Units	[11],[15],[28]	$ 0
Amortized Cost	[11],[15],[28]	(1,000)
Fair Value	[11],[15],[28]	$ (1,000)
Percentage of Net Assets	[11],[15],[28]	0.00%
Investment, Identifier [Axis]: Covetrus Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		9.25%	[11],[12]	9.25%	[2],[3],[36]
Par / Units		$ 5,000,000	[11],[12]	$ 5,000,000	[2],[3],[36]
Amortized Cost		4,903,000	[11],[12]	4,900,000	[2],[3],[36]
Fair Value		$ 4,838,000	[11],[12]	$ 4,898,000	[2],[3],[36]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[36]
Investment, Identifier [Axis]: Cyanco Intermediate Corp., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.75%
Par / Units		$ 4,999,000
Amortized Cost		4,850,000
Fair Value		$ 4,850,000
Percentage of Net Assets		1.20%
Investment, Identifier [Axis]: DCert Buyer, Inc. (dba DigiCert), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%		4.00%
Par / Units		$ 21,880,000		$ 21,993,000
Amortized Cost		21,819,000		21,925,000
Fair Value		$ 21,654,000		$ 21,214,000
Percentage of Net Assets		5.20%		6.40%
Investment, Identifier [Axis]: Dealer Tire, LLC, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.50%		4.50%
Par / Units		$ 35,803,000		$ 35,982,000
Amortized Cost		35,005,000		35,091,000
Fair Value		$ 35,624,000		$ 35,563,000
Percentage of Net Assets		8.60%		10.70%
Investment, Identifier [Axis]: Delta TopCo, Inc. (dba Infoblox, Inc.), Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.25%	[11],[33]	7.25%	[2],[3],[36]
Par / Units		$ 15,000,000	[11],[33]	$ 15,000,000	[2],[3],[36]
Amortized Cost		14,945,000	[11],[33]	14,941,000	[2],[3],[36]
Fair Value		$ 14,550,000	[11],[33]	$ 13,950,000	[2],[3],[36]
Percentage of Net Assets		0.20%	[11],[33]	0.20%	[2],[3],[36]
Investment, Identifier [Axis]: Denali BuyerCo, LLC (dba Summit Companies), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14],[17],[34]			5.75%
Par / Units	[2],[3],[14],[17],[34]			$ 8,229,000
Amortized Cost	[2],[3],[14],[17],[34]			8,122,000
Fair Value	[2],[3],[14],[17],[34]			$ 8,147,000
Percentage of Net Assets	[2],[3],[14],[17],[34]			0.10%
Investment, Identifier [Axis]: Denali BuyerCo, LLC (dba Summit Companies), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[38]	5.75%	[2],[3],[14]
Par / Units		$ 53,019,000	[11],[38]	$ 43,339,000	[2],[3],[14]
Amortized Cost		52,402,000	[11],[38]	42,786,000	[2],[3],[14]
Fair Value		$ 52,753,000	[11],[38]	$ 42,905,000	[2],[3],[14]
Percentage of Net Assets		0.90%	[11],[38]	0.70%	[2],[3],[14]
Investment, Identifier [Axis]: Denali BuyerCo, LLC (dba Summit Companies), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.75%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(21,000)	[11],[15],[28]	(24,000)	[2],[3],[17],[37]
Fair Value		$ (15,000)	[11],[15],[28]	$ (30,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Denali Holding, LP (dba Summit Companies), Class A Units
Schedule of Investments [Line Items]
Amortized Cost		$ 3,430,000	[11],[21],[23]	$ 3,431,000	[3],[25],[26]
Fair Value		$ 4,649,000	[11],[21],[23]	$ 4,344,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[11],[21],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: Dessert Holdings, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%		4.00%
Par / Units		$ 25,588,000		$ 25,718,000
Amortized Cost		25,443,000		25,560,000
Fair Value		$ 23,413,000		$ 23,789,000
Percentage of Net Assets		5.60%		7.20%
Investment, Identifier [Axis]: Diagnostic Service Holdings, Inc. (dba Rayus Radiology), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			5.50%
Par / Units	[2],[3],[27]			$ 998,000
Amortized Cost	[2],[3],[27]			998,000
Fair Value	[2],[3],[27]			$ 988,000
Percentage of Net Assets	[2],[3],[27]			0.00%
Investment, Identifier [Axis]: Diagnostic Services Holdings, Inc. (dba Rayus Radiology), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[16]	5.50%
Par / Units	[11],[16]	$ 996,000
Amortized Cost	[11],[16]	996,000
Fair Value	[11],[16]	$ 989,000
Percentage of Net Assets	[11],[16]	0.00%
Investment, Identifier [Axis]: Diamondback Acquisition, Inc. (dba Sphera), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[15],[28],[29]	5.50%	[2],[3],[17],[34],[37]
Par / Units		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		(8,000)	[11],[15],[28],[29]	(9,000)	[2],[3],[17],[34],[37]
Fair Value		$ (5,000)	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[28],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: Diamondback Acquisition, Inc. (dba Sphera), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[16]	5.50%	[2],[3],[27]
Par / Units		$ 4,088,000	[11],[16]	$ 4,109,000	[2],[3],[27]
Amortized Cost		4,023,000	[11],[16]	4,039,000	[2],[3],[27]
Fair Value		$ 4,027,000	[11],[16]	$ 4,068,000	[2],[3],[27]
Percentage of Net Assets		0.10%	[11],[16]	0.10%	[2],[3],[27]
Investment, Identifier [Axis]: Dodge Construction Network Holdings, L.P., Class A-2 Common Units
Schedule of Investments [Line Items]
Amortized Cost	[11],[21],[23]	$ 1,859,000
Fair Value	[11],[21],[23]	$ 1,533,000
Percentage of Net Assets	[11],[21],[23]	0.00%
Investment, Identifier [Axis]: Dodge Construction Network Holdings, L.P., Series A Preferred Units
Schedule of Investments [Line Items]
Interest	[22],[23]	8.25%
Amortized Cost	[11],[23]	$ 45,000
Fair Value	[11],[23]	$ 45,000
Percentage of Net Assets	[11],[23]	0.00%
Investment, Identifier [Axis]: Dodge Construction Network Holdings, LP, Class A-2 Common Units
Schedule of Investments [Line Items]
Amortized Cost	[3],[25],[26]			$ 1,859,000
Fair Value	[3],[25],[26]			$ 1,855,000
Percentage of Net Assets	[3],[25],[26]			0.00%
Investment, Identifier [Axis]: Dodge Construction Network Holdings, LP, Series A Preferred Units
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			8.25%
Amortized Cost	[3],[26],[39]			$ 45,000
Fair Value	[3],[26],[39]			$ 45,000
Percentage of Net Assets	[3],[26],[39]			0.00%
Investment, Identifier [Axis]: Douglas Products and Packaging Company LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[12]	7.00%	[2],[3],[30]
Par / Units		$ 18,594,000	[11],[12]	$ 18,688,000	[2],[3],[30]
Amortized Cost		18,445,000	[11],[12]	18,505,000	[2],[3],[30]
Fair Value		$ 18,501,000	[11],[12]	$ 18,501,000	[2],[3],[30]
Percentage of Net Assets		0.30%	[11],[12]	0.30%	[2],[3],[30]
Investment, Identifier [Axis]: Douglas Products and Packaging Company LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[15],[32]	7.00%	[2],[3],[17],[37]
Par / Units		$ 245,000	[11],[15],[32]	$ 0	[2],[3],[17],[37]
Amortized Cost		226,000	[11],[15],[32]	(24,000)	[2],[3],[17],[37]
Fair Value		$ 232,000	[11],[15],[32]	$ (24,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[32]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Dynasty Acquisition Co., Inc. (dba StandardAero Limited), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.50%		3.50%
Par / Units		$ 38,500,000		$ 38,700,000
Amortized Cost		38,416,000		38,602,000
Fair Value		$ 38,132,000		$ 36,813,000
Percentage of Net Assets		9.10%		11.00%
Investment, Identifier [Axis]: EET Buyer, Inc. (dba e-Emphasys), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	5.25%	[2],[3],[4]
Par / Units		$ 4,489,000	[11],[12]	$ 4,511,000	[2],[3],[4]
Amortized Cost		4,454,000	[11],[12]	4,474,000	[2],[3],[4]
Fair Value		$ 4,489,000	[11],[12]	$ 4,511,000	[2],[3],[4]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[4]
Investment, Identifier [Axis]: EET Buyer, Inc. (dba e-Emphasys), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28]	5.25%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(3,000)	[11],[15],[28]	(4,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: EOS U.S. Finco LLC, First lien senior secured loan 1 | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Par / Units		$ 9,609,000
Amortized Cost		9,011,000
Fair Value		$ 9,417,000
Percentage of Net Assets		2.30%
Investment, Identifier [Axis]: EOS U.S. Finco LLC, First lien senior secured loan 2 | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		6.00%
Par / Units		$ 0
Amortized Cost		(63,000)
Fair Value		$ 0
Percentage of Net Assets		0.00%
Investment, Identifier [Axis]: ETC Group, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest				6.00%
Par / Units				$ 5,000,000
Amortized Cost				4,609,000
Fair Value				$ 4,763,000
Percentage of Net Assets				1.40%
Investment, Identifier [Axis]: Eagle Infrastructure Services, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[12],[20]	7.50%
Par / Units	[12],[20]	$ 87,536,000
Amortized Cost	[12],[20]	85,850,000
Fair Value	[12],[20]	$ 85,785,000
Percentage of Net Assets	[12],[20]	1.40%
Investment, Identifier [Axis]: Eagle Infrastructure Super Holdco LLC, Common Units
Schedule of Investments [Line Items]
Amortized Cost	[11],[20],[21],[23]	$ 24,058,000
Fair Value	[11],[20],[21],[23]	$ 24,058,000
Percentage of Net Assets	[11],[20],[21],[23]	0.40%
Investment, Identifier [Axis]: Eagle Infrastructure Super Llc
Schedule of Investments [Line Items]
Fair Value		$ 109,843,000		$ 0
Investment, Identifier [Axis]: Eagle Parent Corp., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest				4.25%
Par / Units				$ 2,722,000
Amortized Cost				2,661,000
Fair Value				$ 2,668,000
Percentage of Net Assets				0.80%
Investment, Identifier [Axis]: Elliott Alto Co-Investor Aggregator L.P., LP Interest
Schedule of Investments [Line Items]
Amortized Cost		3,153,000	[13],[21],[22],[23]	$ 3,144,000	[3],[5],[25],[26]
Fair Value		$ 2,970,000	[13],[21],[22],[23]	$ 3,133,000	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[13],[21],[22],[23]	0.10%	[3],[5],[25],[26]
Investment, Identifier [Axis]: Endries Acquisition, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.25%	[2],[3],[36]
Par / Units		$ 236,381,000	[11],[16]	$ 237,607,000	[2],[3],[36]
Amortized Cost		234,699,000	[11],[16]	235,615,000	[2],[3],[36]
Fair Value		$ 236,381,000	[11],[16]	$ 237,607,000	[2],[3],[36]
Percentage of Net Assets		4.00%	[11],[16]	4.00%	[2],[3],[36]
Investment, Identifier [Axis]: Engage Debtco Limited, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.90%	[11],[12],[13]	5.75%	[2],[3],[5],[36]
Par / Units		$ 1,000,000	[11],[12],[13]	$ 1,000,000	[2],[3],[5],[36]
Amortized Cost		978,000	[11],[12],[13]	976,000	[2],[3],[5],[36]
Fair Value		$ 983,000	[11],[12],[13]	$ 978,000	[2],[3],[5],[36]
Percentage of Net Assets		0.00%	[11],[12],[13]	0.00%	[2],[3],[5],[36]
Investment, Identifier [Axis]: Engineered Machinery Holdings (dba Duravant), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.50%		3.75%
Par / Units		$ 34,474,000		$ 34,649,000
Amortized Cost		34,344,000		34,508,000
Fair Value		$ 33,758,000		$ 33,483,000
Percentage of Net Assets		8.10%		10.10%
Investment, Identifier [Axis]: Entertainment Benefits Group, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		4.75%	[11],[16]	4.75%	[2],[3],[30]
Par / Units		$ 858,000	[11],[16]	$ 862,000	[2],[3],[30]
Amortized Cost		851,000	[11],[16]	855,000	[2],[3],[30]
Fair Value		$ 858,000	[11],[16]	$ 862,000	[2],[3],[30]
Percentage of Net Assets		0.00%	[11],[16]	0.00%	[2],[3],[30]
Investment, Identifier [Axis]: Entertainment Benefits Group, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		4.75%	[11],[15],[16]	4.75%	[2],[3],[17],[30]
Par / Units		$ 22,000	[11],[15],[16]	$ 89,000	[2],[3],[17],[30]
Amortized Cost		21,000	[11],[15],[16]	88,000	[2],[3],[17],[30]
Fair Value		$ 22,000	[11],[15],[16]	$ 89,000	[2],[3],[17],[30]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.00%	[2],[3],[17],[30]
Investment, Identifier [Axis]: Evology, LLC, Class B Units
Schedule of Investments [Line Items]
Amortized Cost		$ 2,160,000	[11],[21],[23]	$ 2,160,000	[3],[25],[26]
Fair Value		$ 2,974,000	[11],[21],[23]	$ 2,771,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: Evolution BuyerCo, Inc. (dba SIAA), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12]	6.25%	[2],[3],[36]
Par / Units		$ 140,997,000	[11],[12]	$ 141,715,000	[2],[3],[36]
Amortized Cost		139,495,000	[11],[12]	140,083,000	[2],[3],[36]
Fair Value		$ 139,588,000	[11],[12]	$ 139,589,000	[2],[3],[36]
Percentage of Net Assets		2.30%	[11],[12]	2.40%	[2],[3],[36]
Investment, Identifier [Axis]: Evolution BuyerCo, Inc. (dba SIAA), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[15],[28]	6.25%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(97,000)	[11],[15],[28]	(110,000)	[2],[3],[17],[37]
Fair Value		$ (107,000)	[11],[15],[28]	$ (161,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Evolution Parent, LP (dba SIAA), LP Interest
Schedule of Investments [Line Items]
Amortized Cost		$ 4,284,000	[11],[21],[23]	$ 4,284,000	[3],[25],[26]
Fair Value		$ 4,793,000	[11],[21],[23]	$ 4,284,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[11],[21],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: Ex Vivo Parent Inc. (dba OB Hospitalist), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			9.50%
Par / Units		$ 62,013,000	[11],[38]	$ 57,810,000	[2],[3],[14]
Amortized Cost		61,065,000	[11],[38]	56,803,000	[2],[3],[14]
Fair Value		$ 60,462,000	[11],[38]	$ 56,509,000	[2],[3],[14]
Percentage of Net Assets		1.00%	[11],[38]	1.00%	[2],[3],[14]
Investment, Identifier [Axis]: FR Arsenal Holdings II Corp. (dba Applied-Cleveland Holdings, Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[27],[55]			9.50%
Par / Units	[2],[27],[55]			$ 115,847,000
Amortized Cost	[2],[27],[55]			115,422,000
Fair Value	[2],[27],[55]			$ 103,104,000
Percentage of Net Assets	[2],[27],[55]			1.80%
Investment, Identifier [Axis]: Feradyne Outdoors, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12]	6.25%	[2],[3],[30]
Par / Units		$ 73,911,000	[11],[12]	$ 86,016,000	[2],[3],[30]
Amortized Cost		73,904,000	[11],[12]	85,934,000	[2],[3],[30]
Fair Value		$ 69,846,000	[11],[12]	$ 84,726,000	[2],[3],[30]
Percentage of Net Assets		1.20%	[11],[12]	1.40%	[2],[3],[30]
Investment, Identifier [Axis]: Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)
Schedule of Investments [Line Items]
Fair Value		$ 111,234,000		$ 89,680,000		0
Investment, Identifier [Axis]: Fifth Season Investments LLC, Class A Units
Schedule of Investments [Line Items]
Amortized Cost		111,234,000	[11],[20],[23]	89,680,000	[1],[3],[25],[26],[56]
Fair Value		$ 111,234,000	[11],[20],[23]	$ 89,680,000	[1],[3],[25],[26],[56]
Percentage of Net Assets		1.90%	[11],[20],[23]	1.50%	[1],[3],[25],[26],[56]
Investment, Identifier [Axis]: Five Star Lower Holding LLC, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.25%		4.25%
Par / Units		$ 25,691,000		$ 21,820,000
Amortized Cost		25,370,000		21,540,000
Fair Value		$ 25,294,000		$ 21,275,000
Percentage of Net Assets		6.00%		6.40%
Investment, Identifier [Axis]: Forescout Technologies, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		9.00%	[11],[15],[28],[29]	8.00%	[2],[3],[17],[34],[37]
Par / Units		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		(185,000)	[11],[15],[28],[29]	(215,000)	[2],[3],[17],[34],[37]
Fair Value		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[28],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: Forescout Technologies, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			9.50%
Par / Units		$ 108,635,000	[11],[38]	$ 103,707,000	[2],[3],[14]
Amortized Cost		107,801,000	[11],[38]	102,767,000	[2],[3],[14]
Fair Value		$ 109,178,000	[11],[38]	$ 103,490,000	[2],[3],[14]
Percentage of Net Assets		1.80%	[11],[38]	1.80%	[2],[3],[14]
Investment, Identifier [Axis]: Forescout Technologies, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		8.50%	[11],[15],[28]	8.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(40,000)	[11],[15],[28]	(49,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34]			5.50%
Par / Units	[2],[3],[17],[34]			$ 0
Amortized Cost	[2],[3],[17],[34]			0
Fair Value	[2],[3],[17],[34]			$ 0
Percentage of Net Assets	[2],[3],[17],[34]			0.00%
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12]	5.50%	[2],[3],[14]
Par / Units		$ 4,605,000	[11],[12]	$ 4,616,000	[2],[3],[14]
Amortized Cost		4,532,000	[11],[12]	4,536,000	[2],[3],[14]
Fair Value		$ 4,502,000	[11],[12]	$ 4,489,000	[2],[3],[14]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[14]
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12],[15]	5.50%	[2],[3],[4],[17]
Par / Units		$ 62,000	[11],[12],[15]	$ 62,000	[2],[3],[4],[17]
Amortized Cost		55,000	[11],[12],[15]	54,000	[2],[3],[4],[17]
Fair Value		$ 51,000	[11],[12],[15]	$ 49,000	[2],[3],[4],[17]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[4],[17]
Investment, Identifier [Axis]: Fortra, LLC (f/k/a Help/Systems Holdings, Inc.), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%
Par / Units		$ 14,771,000
Amortized Cost		14,697,000
Fair Value		$ 13,442,000
Percentage of Net Assets		3.20%
Investment, Identifier [Axis]: Foundation Consumer Brands, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12]	5.50%	[2],[3],[14]
Par / Units		$ 3,340,000	[11],[12]	$ 3,456,000	[2],[3],[14]
Amortized Cost		3,340,000	[11],[12]	3,456,000	[2],[3],[14]
Fair Value		$ 3,340,000	[11],[12]	$ 3,447,000	[2],[3],[14]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[14]
Investment, Identifier [Axis]: Fullsteam Operations, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14],[17],[34]			7.50%
Par / Units	[2],[3],[14],[17],[34]			$ 6,121,000
Amortized Cost	[2],[3],[14],[17],[34]			5,940,000
Fair Value	[2],[3],[14],[17],[34]			$ 5,994,000
Percentage of Net Assets	[2],[3],[14],[17],[34]			0.10%
Investment, Identifier [Axis]: Fullsteam Operations, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[12]	7.50%
Par / Units	[11],[12]	$ 10,463,000
Amortized Cost	[11],[12]	10,254,000
Fair Value	[11],[12]	$ 10,567,000
Percentage of Net Assets	[11],[12]	0.20%
Investment, Identifier [Axis]: GI Apple Midco LLC (dba Atlas Technical Consultants), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[15],[22],[28],[29]	6.75%
Par / Units	[15],[22],[28],[29]	$ 0
Amortized Cost	[15],[22],[28],[29]	(1,000)
Fair Value	[15],[22],[28],[29]	$ (1,000)
Percentage of Net Assets	[15],[22],[28],[29]	0.00%
Investment, Identifier [Axis]: GI Apple Midco LLC (dba Atlas Technical Consultants), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[16]	6.75%
Par / Units	[11],[16]	$ 730,000
Amortized Cost	[11],[16]	716,000
Fair Value	[11],[16]	$ 715,000
Percentage of Net Assets	[11],[16]	0.00%
Investment, Identifier [Axis]: GI Apple Midco LLC (dba Atlas Technical Consultants), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[15],[16],[22]	6.75%
Par / Units	[15],[16],[22]	$ 32,000
Amortized Cost	[15],[16],[22]	30,000
Fair Value	[15],[16],[22]	$ 29,000
Percentage of Net Assets	[15],[16],[22]	0.00%
Investment, Identifier [Axis]: GI Ranger Intermediate, LLC (dba Rectangle Health), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	6.00%	[2],[3],[36]
Par / Units		$ 4,562,000	[11],[12]	$ 4,585,000	[2],[3],[36]
Amortized Cost		4,489,000	[11],[12]	4,506,000	[2],[3],[36]
Fair Value		$ 4,482,000	[11],[12]	$ 4,471,000	[2],[3],[36]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[36]
Investment, Identifier [Axis]: GI Ranger Intermediate, LLC (dba Rectangle Health), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12],[15]	6.00%	[2],[3],[17],[36]
Par / Units		$ 147,000	[11],[12],[15]	$ 37,000	[2],[3],[17],[36]
Amortized Cost		142,000	[11],[12],[15]	31,000	[2],[3],[17],[36]
Fair Value		$ 141,000	[11],[12],[15]	$ 28,000	[2],[3],[17],[36]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[36]
Investment, Identifier [Axis]: Gainsight, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			6.75%
Par / Units		$ 22,438,000	[11],[38]	$ 21,222,000	[2],[3],[14]
Amortized Cost		22,191,000	[11],[38]	20,951,000	[2],[3],[14]
Fair Value		$ 22,214,000	[11],[38]	$ 20,902,000	[2],[3],[14]
Percentage of Net Assets		0.40%	[11],[38]	0.40%	[2],[3],[14]
Investment, Identifier [Axis]: Gainsight, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[15],[16]	6.25%	[2],[3],[17],[37]
Par / Units		$ 2,398,000	[11],[15],[16]	$ 0	[2],[3],[17],[37]
Amortized Cost		2,358,000	[11],[15],[16]	(45,000)	[2],[3],[17],[37]
Fair Value		$ 2,364,000	[11],[15],[16]	$ (50,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Galls, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.75%	[12],[22]	6.75%	[2],[3],[14]
Par / Units		$ 112,291,000	[11],[12]	$ 112,582,000	[2],[3],[14]
Amortized Cost		111,808,000	[11],[12]	111,958,000	[2],[3],[14]
Fair Value		$ 111,449,000	[11],[12]	$ 110,331,000	[2],[3],[14]
Percentage of Net Assets		1.90%	[11],[12]	1.90%	[2],[3],[14]
Investment, Identifier [Axis]: Galls, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[12],[15]	6.75%	[2],[3],[14],[17]
Par / Units		$ 14,633,000	[11],[12],[15]	$ 15,232,000	[2],[3],[14],[17]
Amortized Cost		14,496,000	[11],[12],[15]	15,034,000	[2],[3],[14],[17]
Fair Value		$ 14,389,000	[11],[12],[15]	$ 14,583,000	[2],[3],[14],[17]
Percentage of Net Assets		0.20%	[11],[12],[15]	0.20%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Gaylord Chemical Company, L.L.C., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12]	6.50%	[2],[3],[14]
Par / Units		$ 137,136,000	[11],[12]	$ 151,107,000	[2],[3],[14]
Amortized Cost		136,201,000	[11],[12]	149,966,000	[2],[3],[14]
Fair Value		$ 137,136,000	[11],[12]	$ 151,106,000	[2],[3],[14]
Percentage of Net Assets		2.30%	[11],[12]	2.60%	[2],[3],[14]
Investment, Identifier [Axis]: Gaylord Chemical Company, L.L.C., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[15],[28]	6.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(73,000)	[11],[15],[28]	(86,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Genesis Acquisition Co. (dba Procare Software), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[12]	3.75%	[2],[3],[4]
Par / Units		$ 17,848,000	[11],[12]	$ 17,942,000	[2],[3],[4]
Amortized Cost		17,776,000	[11],[12]	17,838,000	[2],[3],[4]
Fair Value		$ 17,804,000	[11],[12]	$ 17,583,000	[2],[3],[4]
Percentage of Net Assets		0.30%	[11],[12]	0.30%	[2],[3],[4]
Investment, Identifier [Axis]: Genesis Acquisition Co. (dba Procare Software), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[12]	3.75%	[2],[3],[4]
Par / Units		$ 2,637,000	[11],[12]	$ 2,637,000	[2],[3],[4]
Amortized Cost		2,627,000	[11],[12]	2,623,000	[2],[3],[4]
Fair Value		$ 2,630,000	[11],[12]	$ 2,584,000	[2],[3],[4]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[4]
Investment, Identifier [Axis]: Gerson Lehrman Group, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[12]	5.25%	[2],[3],[27]
Par / Units		$ 120,990,000	[11],[12]	$ 121,623,000	[2],[3],[27]
Amortized Cost		120,659,000	[11],[12]	121,184,000	[2],[3],[27]
Fair Value		$ 120,990,000	[11],[12]	$ 121,623,000	[2],[3],[27]
Percentage of Net Assets		2.00%	[11],[12]	2.10%	[2],[3],[27]
Investment, Identifier [Axis]: Gerson Lehrman Group, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[15],[16]	5.25%	[2],[3],[17],[37]
Par / Units		$ 10,782,000	[11],[15],[16]	$ 0	[2],[3],[17],[37]
Amortized Cost		10,730,000	[11],[15],[16]	(69,000)	[2],[3],[17],[37]
Fair Value		$ 10,782,000	[11],[15],[16]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.20%	[11],[15],[16]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Global Music Rights, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.50%	[2],[3],[14]
Par / Units		$ 7,388,000	[11],[12]	$ 7,425,000	[2],[3],[14]
Amortized Cost		7,270,000	[11],[12]	7,300,000	[2],[3],[14]
Fair Value		$ 7,388,000	[11],[12]	$ 7,425,000	[2],[3],[14]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[14]
Investment, Identifier [Axis]: Global Music Rights, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(9,000)	[11],[15],[28]	(10,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Gloves Buyer, Inc. (dba Protective Industrial Products), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%		4.00%
Par / Units		$ 14,800,000		$ 14,875,000
Amortized Cost		14,647,000		14,706,000
Fair Value		$ 14,689,000		$ 14,763,000
Percentage of Net Assets		3.60%		4.70%
Investment, Identifier [Axis]: Gloves Buyer, Inc. (dba Protective Industrial Products), Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		8.25%	[11],[16]	8.25%	[2],[3],[27]
Par / Units		$ 29,250,000	[11],[16]	$ 29,250,000	[2],[3],[27]
Amortized Cost		28,687,000	[11],[16]	28,653,000	[2],[3],[27]
Fair Value		$ 28,811,000	[11],[16]	$ 28,811,000	[2],[3],[27]
Percentage of Net Assets		0.50%	[11],[16]	0.50%	[2],[3],[27]
Investment, Identifier [Axis]: Gloves Holdings, LP (dba Protective Industrial Products), LP Interest
Schedule of Investments [Line Items]
Amortized Cost		$ 3,250,000	[21],[22],[23]	$ 3,250,000	[3],[25],[26]
Fair Value		$ 3,851,000	[21],[22],[23]	$ 3,848,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[21],[22],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: GoHealth, Inc., Common stock
Schedule of Investments [Line Items]
Amortized Cost		$ 5,234,000	[11],[21],[50]	$ 5,232,000	[3],[25],[51]
Fair Value		$ 1,343,000	[11],[21],[50]	$ 712,000	[3],[25],[51]
Percentage of Net Assets		0.00%	[11],[21],[50]	0.00%	[3],[25],[51]
Investment, Identifier [Axis]: GovBrands Intermediate, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14],[17],[34]			5.50%
Par / Units	[2],[3],[14],[17],[34]			$ 2,380,000
Amortized Cost	[2],[3],[14],[17],[34]			2,322,000
Fair Value	[2],[3],[14],[17],[34]			$ 2,237,000
Percentage of Net Assets	[2],[3],[14],[17],[34]			0.00%
Investment, Identifier [Axis]: GovBrands Intermediate, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			5.50%
Par / Units	[2],[3],[14]			$ 10,551,000
Amortized Cost	[2],[3],[14]			10,339,000
Fair Value	[2],[3],[14]			$ 10,076,000
Percentage of Net Assets	[2],[3],[14]			0.20%
Investment, Identifier [Axis]: GovBrands Intermediate, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14],[17]			5.50%
Par / Units	[2],[3],[14],[17]			$ 714,000
Amortized Cost	[2],[3],[14],[17]			699,000
Fair Value	[2],[3],[14],[17]			$ 678,000
Percentage of Net Assets	[2],[3],[14],[17]			0.00%
Investment, Identifier [Axis]: Granicus, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27],[34]			6.00%
Par / Units	[2],[3],[27],[34]			$ 2,530,000
Amortized Cost	[2],[3],[27],[34]			2,491,000
Fair Value	[2],[3],[27],[34]			$ 2,467,000
Percentage of Net Assets	[2],[3],[27],[34]			0.00%
Investment, Identifier [Axis]: Granicus, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12]	5.50%	[2],[3],[27]
Par / Units		$ 15,890,000	[11],[12]	$ 13,394,000	[2],[3],[27]
Amortized Cost		15,646,000	[11],[12]	13,158,000	[2],[3],[27]
Fair Value		$ 15,612,000	[11],[12]	$ 13,059,000	[2],[3],[27]
Percentage of Net Assets		0.30%	[11],[12]	0.20%	[2],[3],[27]
Investment, Identifier [Axis]: Granicus, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12],[15]	6.50%	[2],[3],[17],[27]
Par / Units		$ 368,000	[11],[12],[15]	$ 398,000	[2],[3],[17],[27]
Amortized Cost		351,000	[11],[12],[15]	379,000	[2],[3],[17],[27]
Fair Value		$ 347,000	[11],[12],[15]	$ 369,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: GrowthCurve Capital Sunrise Co-Invest LP (dba Brightway), LP Interest
Schedule of Investments [Line Items]
Amortized Cost		$ 638,000	[11],[21],[23]	$ 638,000	[3],[25],[26]
Fair Value		$ 612,000	[11],[21],[23]	$ 632,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: Guidehouse Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.25%	[2],[3],[27]
Par / Units		$ 4,579,000	[11],[16]	$ 4,603,000	[2],[3],[27]
Amortized Cost		4,543,000	[11],[16]	4,563,000	[2],[3],[27]
Fair Value		$ 4,557,000	[11],[16]	$ 4,557,000	[2],[3],[27]
Percentage of Net Assets		0.10%	[11],[16]	0.10%	[2],[3],[27]
Investment, Identifier [Axis]: H&F Opportunities LUX III S.À R.L (dba Checkmarx), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.50%	[11],[13],[16]	7.50%	[2],[3],[5],[27]
Par / Units		$ 51,567,000	[11],[13],[16]	$ 51,567,000	[2],[3],[5],[27]
Amortized Cost		50,744,000	[11],[13],[16]	50,623,000	[2],[3],[5],[27]
Fair Value		$ 51,567,000	[11],[13],[16]	$ 51,567,000	[2],[3],[5],[27]
Percentage of Net Assets		0.90%	[11],[13],[16]	0.90%	[2],[3],[5],[27]
Investment, Identifier [Axis]: H&F Opportunities LUX III S.À R.L (dba Checkmarx), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.50%	[11],[13],[15],[28]	7.50%	[2],[3],[5],[17],[37]
Par / Units		$ 0	[11],[13],[15],[28]	$ 0	[2],[3],[5],[17],[37]
Amortized Cost		(227,000)	[11],[13],[15],[28]	(267,000)	[2],[3],[5],[17],[37]
Fair Value		$ 0	[11],[13],[15],[28]	$ 0	[2],[3],[5],[17],[37]
Percentage of Net Assets		0.00%	[11],[13],[15],[28]	0.00%	[2],[3],[5],[17],[37]
Investment, Identifier [Axis]: H-Food Holdings, LLC, LLC interest
Schedule of Investments [Line Items]
Amortized Cost		$ 10,874,000	[11],[21],[23]	$ 10,874,000	[3],[25],[26]
Fair Value		$ 8,008,000	[11],[21],[23]	$ 9,337,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[11],[21],[23]	0.20%	[3],[25],[26]
Investment, Identifier [Axis]: H-Food Holdings, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[38]	7.00%	[2],[3],[27]
Par / Units		$ 121,800,000	[11],[38]	$ 121,800,000	[2],[3],[27]
Amortized Cost		120,517,000	[11],[38]	120,316,000	[2],[3],[27]
Fair Value		$ 95,613,000	[11],[38]	$ 105,053,000	[2],[3],[27]
Percentage of Net Assets		1.60%	[11],[38]	1.80%	[2],[3],[27]
Investment, Identifier [Axis]: HAH Group Holding Company LLC, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		5.00%
Par / Units		$ 8,986,000
Amortized Cost		8,730,000
Fair Value		$ 8,761,000
Percentage of Net Assets		2.10%
Investment, Identifier [Axis]: HGH Purchaser, Inc. (dba Horizon Services), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[30]			6.50%
Par / Units	[2],[3],[17],[30]			$ 38,681,000
Amortized Cost	[2],[3],[17],[30]			38,407,000
Fair Value	[2],[3],[17],[30]			$ 38,284,000
Percentage of Net Assets	[2],[3],[17],[30]			0.70%
Investment, Identifier [Axis]: HGH Purchaser, Inc. (dba Horizon Services), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	6.50%	[2],[3],[30]
Par / Units		$ 188,658,000	[11],[12]	$ 147,121,000	[2],[3],[30]
Amortized Cost		187,354,000	[11],[12]	145,874,000	[2],[3],[30]
Fair Value		$ 187,715,000	[11],[12]	$ 145,650,000	[2],[3],[30]
Percentage of Net Assets		3.20%	[11],[12]	2.50%	[2],[3],[30]
Investment, Identifier [Axis]: HGH Purchaser, Inc. (dba Horizon Services), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12],[15]	6.50%	[2],[3],[17],[30]
Par / Units		$ 16,383,000	[11],[12],[15]	$ 10,028,000	[2],[3],[17],[30]
Amortized Cost		16,282,000	[11],[12],[15]	9,906,000	[2],[3],[17],[30]
Fair Value		$ 16,300,000	[11],[12],[15]	$ 9,863,000	[2],[3],[17],[30]
Percentage of Net Assets		0.30%	[11],[12],[15]	0.20%	[2],[3],[17],[30]
Investment, Identifier [Axis]: Helix Acquisition Holdings, Inc. (dba MW Industries), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[12]	7.00%
Par / Units	[11],[12]	$ 1,000,000
Amortized Cost	[11],[12]	971,000
Fair Value	[11],[12]	$ 973,000
Percentage of Net Assets	[11],[12]	0.00%
Investment, Identifier [Axis]: Help/Systems Holdings, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest				4.00%
Par / Units				$ 14,847,000
Amortized Cost				14,773,000
Fair Value				$ 13,325,000
Percentage of Net Assets				4.00%
Investment, Identifier [Axis]: Hercules Borrower, LLC (dba The Vincit Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12]	6.50%	[2],[3],[14]
Par / Units		$ 175,992,000	[11],[12]	$ 176,892,000	[2],[3],[14]
Amortized Cost		174,313,000	[11],[12]	175,005,000	[2],[3],[14]
Fair Value		$ 175,992,000	[11],[12]	$ 176,447,000	[2],[3],[14]
Percentage of Net Assets		3.00%	[11],[12]	3.00%	[2],[3],[14]
Investment, Identifier [Axis]: Hercules Borrower, LLC (dba The Vincit Group), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12],[15]	6.50%	[2],[3],[4],[17]
Par / Units		$ 2,231,000	[11],[12],[15]	$ 2,231,000	[2],[3],[4],[17]
Amortized Cost		2,050,000	[11],[12],[15]	2,024,000	[2],[3],[4],[17]
Fair Value		$ 2,231,000	[11],[12],[15]	$ 2,179,000	[2],[3],[4],[17]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[4],[17]
Investment, Identifier [Axis]: Hercules Buyer, LLC (dba The Vincit Group), Common Units
Schedule of Investments [Line Items]
Amortized Cost		$ 2,192,000	[11],[21],[23],[57]	$ 2,192,000	[3],[25],[26],[58]
Fair Value		$ 2,452,000	[11],[21],[23],[57]	$ 2,302,000	[3],[25],[26],[58]
Percentage of Net Assets		0.00%	[11],[21],[23],[57]	0.00%	[3],[25],[26],[58]
Investment, Identifier [Axis]: Hercules Buyer, LLC (dba The Vincit Group), Unsecured notes
Schedule of Investments [Line Items]
Interest	[3],[39],[58]			0.48%
Par / Units		$ 5,160,000	[11],[40],[57]	$ 5,160,000	[3],[39],[58]
Amortized Cost		5,160,000	[11],[40],[57]	5,160,000	[3],[39],[58]
Fair Value		$ 5,772,000	[11],[40],[57]	$ 5,160,000	[3],[39],[58]
Percentage of Net Assets		0.10%	[11],[40],[57]	0.10%	[3],[39],[58]
Investment, Identifier [Axis]: Hg Genesis 8 Sumoco Limited, Unsecured facility
Schedule of Investments [Line Items]
Interest	[2],[3],[5],[47]			6.00%
Par / Units		$ 50,034,000	[11],[13],[46]	$ 45,071,000	[2],[3],[5],[47]
Amortized Cost		51,535,000	[11],[13],[46]	49,137,000	[2],[3],[5],[47]
Fair Value		$ 50,034,000	[11],[13],[46]	$ 45,071,000	[2],[3],[5],[47]
Percentage of Net Assets		0.80%	[11],[13],[46]	0.80%	[2],[3],[5],[47]
Investment, Identifier [Axis]: Hg Genesis 9 SumoCo Limited, Unsecured facility
Schedule of Investments [Line Items]
Interest	[2],[3],[5],[45]			7.00%
Par / Units		$ 50,295,000	[11],[13],[59]	$ 46,914,000	[2],[3],[5],[45]
Amortized Cost		50,471,000	[11],[13],[59]	48,136,000	[2],[3],[5],[45]
Fair Value		$ 50,295,000	[11],[13],[59]	$ 46,914,000	[2],[3],[5],[45]
Percentage of Net Assets		0.80%	[11],[13],[59]	0.80%	[2],[3],[5],[45]
Investment, Identifier [Axis]: Hg Saturn Luchaco Limited, Unsecured facility
Schedule of Investments [Line Items]
Interest	[2],[3],[5],[47]			7.50%
Par / Units		$ 133,770,000	[11],[13],[46]	$ 120,209,000	[2],[3],[5],[47]
Amortized Cost		142,451,000	[11],[13],[46]	135,817,000	[2],[3],[5],[47]
Fair Value		$ 132,432,000	[11],[13],[46]	$ 118,706,000	[2],[3],[5],[47]
Percentage of Net Assets		2.20%	[11],[13],[46]	2.00%	[2],[3],[5],[47]
Investment, Identifier [Axis]: Hissho Sushi Holdings, LLC, Class A units
Schedule of Investments [Line Items]
Amortized Cost		$ 75,000	[11],[21],[23]	$ 75,000	[3],[25],[26]
Fair Value		$ 91,000	[11],[21],[23]	$ 83,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: Hissho Sushi Merger Sub LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12]	5.75%	[2],[3],[36]
Par / Units		$ 897,000	[11],[12]	$ 901,000	[2],[3],[36]
Amortized Cost		889,000	[11],[12]	893,000	[2],[3],[36]
Fair Value		$ 897,000	[11],[12]	$ 899,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: Hissho Sushi Merger Sub LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12],[15]	5.75%	[2],[3],[17],[36]
Par / Units		$ 5,000	[11],[12],[15]	$ 14,000	[2],[3],[17],[36]
Amortized Cost		4,000	[11],[12],[15]	13,000	[2],[3],[17],[36]
Fair Value		$ 5,000	[11],[12],[15]	$ 14,000	[2],[3],[17],[36]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[36]
Investment, Identifier [Axis]: Holley, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.75%		3.75%
Par / Units		$ 23,069,000		$ 23,202,000
Amortized Cost		22,938,000		23,060,000
Fair Value		$ 19,657,000		$ 20,025,000
Percentage of Net Assets		4.70%		6.10%
Investment, Identifier [Axis]: Hometown Food Company, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[48]	5.00%	[2],[3],[27]
Par / Units		$ 12,064,000	[11],[48]	$ 14,560,000	[2],[3],[27]
Amortized Cost		12,055,000	[11],[48]	14,516,000	[2],[3],[27]
Fair Value		$ 12,064,000	[11],[48]	$ 14,560,000	[2],[3],[27]
Percentage of Net Assets		0.20%	[11],[48]	0.20%	[2],[3],[27]
Investment, Identifier [Axis]: Hometown Food Company, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[15],[28]	5.00%	[2],[3],[17],[27]
Par / Units		$ 0	[11],[15],[28]	$ 847,000	[2],[3],[17],[27]
Amortized Cost		(3,000)	[11],[15],[28]	836,000	[2],[3],[17],[27]
Fair Value		$ 0	[11],[15],[28]	$ 847,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: Hyland Software, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[41],[48]	6.25%	[2],[3],[27]
Par / Units		$ 15,482,000	[11],[41],[48]	$ 15,482,000	[2],[3],[27]
Amortized Cost		15,474,000	[11],[41],[48]	15,472,000	[2],[3],[27]
Fair Value		$ 14,824,000	[11],[41],[48]	$ 14,630,000	[2],[3],[27]
Percentage of Net Assets		0.20%	[11],[41],[48]	0.20%	[2],[3],[27]
Investment, Identifier [Axis]: Hyperion Refinance S.à r.l (dba Howden Group), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		5.10%
Par / Units		$ 19,950,000
Amortized Cost		19,174,000
Fair Value		$ 19,850,000
Percentage of Net Assets		4.80%
Investment, Identifier [Axis]: IG Investments Holdings, LLC (dba Insight Global), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12]	6.00%	[2],[3],[27]
Par / Units		$ 50,133,000	[11],[12]	$ 50,388,000	[2],[3],[27]
Amortized Cost		49,335,000	[11],[12]	49,519,000	[2],[3],[27]
Fair Value		$ 49,757,000	[11],[12]	$ 49,758,000	[2],[3],[27]
Percentage of Net Assets		0.80%	[11],[12]	0.80%	[2],[3],[27]
Investment, Identifier [Axis]: IG Investments Holdings, LLC (dba Insight Global), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[15],[28]	6.00%	[2],[3],[17],[27]
Par / Units		$ 0	[11],[15],[28]	$ 1,590,000	[2],[3],[17],[27]
Amortized Cost		(56,000)	[11],[15],[28]	1,527,000	[2],[3],[17],[27]
Fair Value		$ (30,000)	[11],[15],[28]	$ 1,540,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: Ideal Image Development, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34],[37]			6.50%
Par / Units	[2],[3],[17],[34],[37]			$ 0
Amortized Cost	[2],[3],[17],[34],[37]			(7,000)
Fair Value	[2],[3],[17],[34],[37]			$ (4,000)
Percentage of Net Assets	[2],[3],[17],[34],[37]			0.00%
Investment, Identifier [Axis]: Ideal Image Development, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[16]	6.50%	[2],[3],[30]
Par / Units		$ 11,620,000	[11],[16]	$ 11,678,000	[2],[3],[30]
Amortized Cost		11,418,000	[11],[16]	11,457,000	[2],[3],[30]
Fair Value		$ 10,632,000	[11],[16]	$ 11,474,000	[2],[3],[30]
Percentage of Net Assets		0.20%	[11],[16]	0.20%	[2],[3],[30]
Investment, Identifier [Axis]: Ideal Image Development, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[16]	6.50%	[2],[3],[17],[37]
Par / Units		$ 1,829,000	[11],[16]	$ 0	[2],[3],[17],[37]
Amortized Cost		1,799,000	[11],[16]	(34,000)	[2],[3],[17],[37]
Fair Value		$ 1,674,000	[11],[16]	$ (32,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[16]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Ideal Tridon Holdings, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[33]	5.25%	[2],[3],[14]
Par / Units		$ 27,370,000	[11],[33]	$ 52,697,000	[2],[3],[14]
Amortized Cost		26,579,000	[11],[33]	52,448,000	[2],[3],[14]
Fair Value		$ 26,549,000	[11],[33]	$ 52,697,000	[2],[3],[14]
Percentage of Net Assets		0.40%	[11],[33]	0.90%	[2],[3],[14]
Investment, Identifier [Axis]: Ideal Tridon Holdings, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[15],[16]	5.25%	[2],[3],[17],[27]
Par / Units		$ 732,000	[11],[15],[16]	$ 3,191,000	[2],[3],[17],[27]
Amortized Cost		659,000	[11],[15],[16]	3,191,000	[2],[3],[17],[27]
Fair Value		$ 655,000	[11],[15],[16]	$ 3,191,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.10%	[2],[3],[17],[27]
Investment, Identifier [Axis]: Imprivata, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.25%		4.25%
Par / Units		$ 19,800,000		$ 19,900,000
Amortized Cost		19,207,000		19,305,000
Fair Value		$ 19,493,000		$ 19,154,000
Percentage of Net Assets		4.70%		5.80%
Investment, Identifier [Axis]: Imprivata, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.25%	[2],[3],[30]
Par / Units		$ 882,000	[11],[16]	$ 882,000	[2],[3],[30]
Amortized Cost		874,000	[11],[16]	874,000	[2],[3],[30]
Fair Value		$ 869,000	[11],[16]	$ 860,000	[2],[3],[30]
Percentage of Net Assets		0.00%	[11],[16]	0.00%	[2],[3],[30]
Investment, Identifier [Axis]: Indigo Buyer, Inc. (dba Inovar Packaging Group), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34]			5.75%
Par / Units	[2],[3],[17],[34]			$ 0
Amortized Cost	[2],[3],[17],[34]			0
Fair Value	[2],[3],[17],[34]			$ 0
Percentage of Net Assets	[2],[3],[17],[34]			0.00%
Investment, Identifier [Axis]: Indigo Buyer, Inc. (dba Inovar Packaging Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12]	5.75%	[2],[3],[36]
Par / Units		$ 893,000	[11],[12]	$ 647,000	[2],[3],[36]
Amortized Cost		884,000	[11],[12]	641,000	[2],[3],[36]
Fair Value		$ 893,000	[11],[12]	$ 647,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: Indigo Buyer, Inc. (dba Inovar Packaging Group), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[12],[15]	5.75%	[2],[3],[17],[36]
Par / Units		$ 17,000	[11],[12],[15]	$ 17,000	[2],[3],[17],[36]
Amortized Cost		16,000	[11],[12],[15]	16,000	[2],[3],[17],[36]
Fair Value		$ 17,000	[11],[12],[15]	$ 17,000	[2],[3],[17],[36]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[36]
Investment, Identifier [Axis]: Innovation Ventures HoldCo, LLC (dba 5 Hour Energy), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.25%	[2],[3],[30]
Par / Units		$ 125,000,000	[11],[16]	$ 125,000,000	[2],[3],[30]
Amortized Cost		123,173,000	[11],[16]	122,950,000	[2],[3],[30]
Fair Value		$ 122,814,000	[11],[16]	$ 122,500,000	[2],[3],[30]
Percentage of Net Assets		2.10%	[11],[16]	2.10%	[2],[3],[30]
Investment, Identifier [Axis]: Inovalon Holdings, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34],[37]			5.75%
Par / Units	[2],[3],[17],[34],[37]			$ 0
Amortized Cost	[2],[3],[17],[34],[37]			(200,000)
Fair Value	[2],[3],[17],[34],[37]			$ (237,000)
Percentage of Net Assets	[2],[3],[17],[34],[37]			0.00%
Investment, Identifier [Axis]: Inovalon Holdings, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			6.25%
Par / Units	[2],[3],[14]			$ 182,751,000
Amortized Cost	[2],[3],[14]			178,889,000
Fair Value	[2],[3],[14]			$ 178,182,000
Percentage of Net Assets	[2],[3],[14]			3.00%
Investment, Identifier [Axis]: Inovalon Holdings, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			10.50%
Par / Units	[2],[3],[14]			$ 95,535,000
Amortized Cost	[2],[3],[14]			93,916,000
Fair Value	[2],[3],[14]			$ 94,102,000
Percentage of Net Assets	[2],[3],[14]			1.60%
Investment, Identifier [Axis]: Insight CP (Blocker) Holdings, L.P. (dba CivicPlus, LLC), LP Interest
Schedule of Investments [Line Items]
Amortized Cost		$ 1,230,000	[13],[21],[22],[23]	$ 1,230,000	[3],[5],[25],[26]
Fair Value		$ 1,230,000	[13],[21],[22],[23]	$ 1,230,000	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[13],[21],[22],[23]	0.00%	[3],[5],[25],[26]
Investment, Identifier [Axis]: Integrity Marketing Acquisition, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.80%	[11],[12]	5.80%	[2],[3],[4]
Par / Units		$ 215,526,000	[11],[12]	$ 216,642,000	[2],[3],[4]
Amortized Cost		214,067,000	[11],[12]	214,862,000	[2],[3],[4]
Fair Value		$ 215,526,000	[11],[12]	$ 216,100,000	[2],[3],[4]
Percentage of Net Assets		3.60%	[11],[12]	3.70%	[2],[3],[4]
Investment, Identifier [Axis]: Integrity Marketing Acquisition, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	6.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(80,000)	[11],[15],[28]	(98,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ (37,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Integro Parent Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		12.25%		10.25%
Par / Units		$ 3,446,000		$ 3,649,000
Amortized Cost		3,446,000		3,648,000
Fair Value		$ 3,440,000		$ 3,638,000
Percentage of Net Assets		0.80%		1.10%
Investment, Identifier [Axis]: Integro Parent Inc., First lien senior secured revolving loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.50%		10.25%
Par / Units		$ 694,000		$ 736,000
Amortized Cost		694,000		736,000
Fair Value		$ 693,000		$ 733,000
Percentage of Net Assets		0.20%		0.20%
Investment, Identifier [Axis]: Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12],[13]	6.50%	[2],[3],[5],[36]
Par / Units		$ 117,198,000	[11],[12],[13]	$ 117,793,000	[2],[3],[5],[36]
Amortized Cost		116,316,000	[11],[12],[13]	116,791,000	[2],[3],[5],[36]
Fair Value		$ 115,733,000	[11],[12],[13]	$ 117,204,000	[2],[3],[5],[36]
Percentage of Net Assets		1.90%	[11],[12],[13]	2.00%	[2],[3],[5],[36]
Investment, Identifier [Axis]: Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12],[13],[15]	6.50%	[2],[3],[5],[30]
Par / Units		$ 3,569,000	[11],[12],[13],[15]	$ 4,590,000	[2],[3],[5],[30]
Amortized Cost		3,491,000	[11],[12],[13],[15]	4,559,000	[2],[3],[5],[30]
Fair Value		$ 3,468,000	[11],[12],[13],[15]	$ 4,567,000	[2],[3],[5],[30]
Percentage of Net Assets		0.10%	[11],[12],[13],[15]	0.10%	[2],[3],[5],[30]
Investment, Identifier [Axis]: Interoperability Bidco, Inc. (dba Lyniate), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[12]	7.00%	[2],[3],[36]
Par / Units		$ 66,120,000	[11],[12]	$ 66,455,000	[2],[3],[36]
Amortized Cost		65,795,000	[11],[12]	66,088,000	[2],[3],[36]
Fair Value		$ 65,459,000	[11],[12]	$ 65,957,000	[2],[3],[36]
Percentage of Net Assets		1.10%	[11],[12]	1.10%	[2],[3],[36]
Investment, Identifier [Axis]: Interoperability Bidco, Inc. (dba Lyniate), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[12],[15]	7.00%	[2],[3],[17],[36]
Par / Units		$ 1,580,000	[11],[12],[15]	$ 1,522,000	[2],[3],[17],[36]
Amortized Cost		1,542,000	[11],[12],[15]	1,509,000	[2],[3],[17],[36]
Fair Value		$ 1,527,000	[11],[12],[15]	$ 1,499,000	[2],[3],[17],[36]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[36]
Investment, Identifier [Axis]: KOBHG Holdings, L.P. (dba OB Hospitalist), Class A Interests
Schedule of Investments [Line Items]
Amortized Cost		$ 6,670,000	[11],[21],[23]	$ 6,670,000	[3],[25],[26]
Fair Value		$ 6,196,000	[11],[21],[23]	$ 6,196,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[11],[21],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: KPCI Holdings, L.P., Class A Units
Schedule of Investments [Line Items]
Amortized Cost		$ 32,285,000	[11],[21],[23]	$ 32,284,000	[3],[25],[26]
Fair Value		$ 35,112,000	[11],[21],[23]	$ 34,497,000	[3],[25],[26]
Percentage of Net Assets		0.60%	[11],[21],[23]	0.60%	[3],[25],[26]
Investment, Identifier [Axis]: KPSKY Acquisition, Inc. (dba BluSky), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12]	5.50%	[2],[3],[27]
Par / Units		$ 4,914,000	[11],[12]	$ 4,941,000	[2],[3],[27]
Amortized Cost		4,835,000	[11],[12]	4,856,000	[2],[3],[27]
Fair Value		$ 4,841,000	[11],[12]	$ 4,817,000	[2],[3],[27]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[27]
Investment, Identifier [Axis]: KUSRP Intermediate, Inc. (dba U.S. Retirement and Benefits Partners), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[4]			9.50%
Par / Units		$ 33,150,000	[11],[16]	$ 34,918,000	[2],[3],[4]
Amortized Cost		32,746,000	[11],[16]	34,399,000	[2],[3],[4]
Fair Value		$ 32,984,000	[11],[16]	$ 34,482,000	[2],[3],[4]
Percentage of Net Assets		0.60%	[11],[16]	0.60%	[2],[3],[4]
Investment, Identifier [Axis]: Kaseya Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[15],[16],[29]	5.75%	[2],[3],[17],[34],[37]
Par / Units		$ 69,000	[11],[15],[16],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		59,000	[11],[15],[16],[29]	(10,000)	[2],[3],[17],[34],[37]
Fair Value		$ 69,000	[11],[15],[16],[29]	$ 0	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[16],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: Kaseya Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	5.75%	[2],[3],[36]
Par / Units		$ 18,732,000	[11],[16]	$ 18,732,000	[2],[3],[36]
Amortized Cost		18,398,000	[11],[16]	18,377,000	[2],[3],[36]
Fair Value		$ 18,685,000	[11],[16]	$ 18,544,000	[2],[3],[36]
Percentage of Net Assets		0.30%	[11],[16]	0.30%	[2],[3],[36]
Investment, Identifier [Axis]: Kaseya Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[15],[16]	5.75%	[2],[3],[17],[37]
Par / Units		$ 283,000	[11],[15],[16]	$ 0	[2],[3],[17],[37]
Amortized Cost		264,000	[11],[15],[16]	(21,000)	[2],[3],[17],[37]
Fair Value		$ 281,000	[11],[15],[16]	$ (11,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Knockout Intermediate Holdings I Inc. (dba Kaseya Inc.), Perpetual Preferred Stock
Schedule of Investments [Line Items]
Amortized Cost	[11],[23],[40]	$ 15,412,000
Fair Value	[11],[23],[40]	$ 15,688,000
Percentage of Net Assets	[11],[23],[40]	0.30%
Investment, Identifier [Axis]: Knockout Intermediate Holdings I Inc. (dba Kaseya), Perpetual Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			11.75%
Amortized Cost	[3],[26],[39]			$ 13,667,000
Fair Value	[3],[26],[39]			$ 13,825,000
Percentage of Net Assets	[3],[26],[39]			0.20%
Investment, Identifier [Axis]: LABL, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		5.00%		5.00%
Par / Units		$ 4,796,000		$ 7,920,000
Amortized Cost		4,739,000		7,819,000
Fair Value		$ 4,742,000		$ 7,496,000
Percentage of Net Assets		1.10%		2.30%
Investment, Identifier [Axis]: LSI Financing 1 DAC
Schedule of Investments [Line Items]
Fair Value		$ 19,626,000		$ 6,175,000
Investment, Identifier [Axis]: LSI Financing 1 DAC, Preferred equity
Schedule of Investments [Line Items]
Amortized Cost		19,680,000	[11],[13],[23],[60]	6,224,000	[3],[5],[24],[25],[26]
Fair Value		$ 19,626,000	[11],[13],[23],[60]	$ 6,175,000	[3],[5],[24],[25],[26]
Percentage of Net Assets		0.30%	[11],[13],[23],[60]	0.10%	[3],[5],[24],[25],[26]
Investment, Identifier [Axis]: Lazer Spot Holdings, Inc. (f/k/a Lazer Spot GB Holdings, Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[4]			5.75%
Par / Units	[2],[3],[4]			$ 142,598,000
Amortized Cost	[2],[3],[4]			141,262,000
Fair Value	[2],[3],[4]			$ 142,598,000
Percentage of Net Assets	[2],[3],[4]			2.40%
Investment, Identifier [Axis]: Lazer Spot Holdings, Inc. (f/k/a Lazer Spot GB Holdings, Inc.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[37]			5.75%
Par / Units	[2],[3],[17],[37]			$ 0
Amortized Cost	[2],[3],[17],[37]			(227,000)
Fair Value	[2],[3],[17],[37]			$ 0
Percentage of Net Assets	[2],[3],[17],[37]			0.00%
Investment, Identifier [Axis]: Learning Care Group (US) No. 2 Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.50%	[11],[38],[41]	7.50%	[2],[3],[14]
Par / Units		$ 26,967,000	[11],[38],[41]	$ 26,967,000	[2],[3],[14]
Amortized Cost		26,758,000	[11],[38],[41]	26,726,000	[2],[3],[14]
Fair Value		$ 26,597,000	[11],[38],[41]	$ 25,822,000	[2],[3],[14]
Percentage of Net Assets		0.40%	[11],[38],[41]	0.40%	[2],[3],[14]
Investment, Identifier [Axis]: Lightbeam Bidco, Inc. (dba Lazer Spot), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[15],[22],[28],[29]	6.25%
Par / Units	[15],[22],[28],[29]	$ 0
Amortized Cost	[15],[22],[28],[29]	(3,000)
Fair Value	[15],[22],[28],[29]	$ 0
Percentage of Net Assets	[15],[22],[28],[29]	0.00%
Investment, Identifier [Axis]: Lightbeam Bidco, Inc. (dba Lazer Spot), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[12]	6.25%
Par / Units	[11],[12]	$ 3,929,000
Amortized Cost	[11],[12]	3,890,000
Fair Value	[11],[12]	$ 3,887,000
Percentage of Net Assets	[11],[12]	0.10%
Investment, Identifier [Axis]: Lightbeam Bidco, Inc. (dba Lazer Spot), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28]	6.25%
Par / Units	[11],[15],[28]	$ 0
Amortized Cost	[11],[15],[28]	(5,000)
Fair Value	[11],[15],[28]	$ (5,000)
Percentage of Net Assets	[11],[15],[28]	0.00%
Investment, Identifier [Axis]: Lignetics Investment Corp., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34],[37]			6.00%
Par / Units	[2],[3],[17],[34],[37]			$ 0
Amortized Cost	[2],[3],[17],[34],[37]			(39,000)
Fair Value	[2],[3],[17],[34],[37]			$ (78,000)
Percentage of Net Assets	[2],[3],[17],[34],[37]			0.00%
Investment, Identifier [Axis]: Lignetics Investment Corp., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12]	6.00%	[2],[3],[14]
Par / Units		$ 34,814,000	[11],[12]	$ 31,059,000	[2],[3],[14]
Amortized Cost		34,480,000	[11],[12]	30,733,000	[2],[3],[14]
Fair Value		$ 34,379,000	[11],[12]	$ 30,438,000	[2],[3],[14]
Percentage of Net Assets		0.60%	[11],[12]	0.50%	[2],[3],[14]
Investment, Identifier [Axis]: Lignetics Investment Corp., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[15],[33]	6.00%	[2],[3],[17],[27]
Par / Units		$ 4,549,000	[11],[15],[33]	$ 2,824,000	[2],[3],[17],[27]
Amortized Cost		4,510,000	[11],[15],[33]	2,778,000	[2],[3],[17],[27]
Fair Value		$ 4,490,000	[11],[15],[33]	$ 2,729,000	[2],[3],[17],[27]
Percentage of Net Assets		0.10%	[11],[15],[33]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: LineStar Integrity Services LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.25%	[22],[33]	7.25%	[2],[3],[4]
Par / Units		$ 52,162,000	[22],[33]	$ 56,897,000	[2],[3],[4]
Amortized Cost		52,279,000	[22],[33]	57,036,000	[2],[3],[4]
Fair Value		$ 49,814,000	[22],[33]	$ 53,768,000	[2],[3],[4]
Percentage of Net Assets		0.80%	[22],[33]	0.90%	[2],[3],[4]
Investment, Identifier [Axis]: Litera Bidco LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[16]	5.75%	[2],[3],[30]
Par / Units		$ 147,916,000	[11],[16]	$ 148,677,000	[2],[3],[30]
Amortized Cost		146,794,000	[11],[16]	147,381,000	[2],[3],[30]
Fair Value		$ 147,756,000	[11],[16]	$ 148,354,000	[2],[3],[30]
Percentage of Net Assets		2.50%	[11],[16]	2.50%	[2],[3],[30]
Investment, Identifier [Axis]: Litera Bidco LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[15],[28]	5.75%	[2],[3],[14],[17]
Par / Units		$ 0	[11],[15],[28]	$ 1,578,000	[2],[3],[14],[17]
Amortized Cost		(25,000)	[11],[15],[28]	1,547,000	[2],[3],[14],[17]
Fair Value		$ (14,000)	[11],[15],[28]	$ 1,549,000	[2],[3],[14],[17]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Lytx, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[16]	6.75%	[2],[3],[30]
Par / Units		$ 71,005,000	[11],[16]	$ 71,005,000	[2],[3],[30]
Amortized Cost		70,394,000	[11],[16]	70,312,000	[2],[3],[30]
Fair Value		$ 70,651,000	[11],[16]	$ 70,472,000	[2],[3],[30]
Percentage of Net Assets		1.20%	[11],[16]	1.20%	[2],[3],[30]
Investment, Identifier [Axis]: MHE Intermediate Holdings, LLC (dba OnPoint Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12]	6.00%	[2],[3],[35]
Par / Units		$ 180,855,000	[11],[12]	$ 181,776,000	[2],[3],[35]
Amortized Cost		179,538,000	[11],[12]	180,317,000	[2],[3],[35]
Fair Value		$ 179,950,000	[11],[12]	$ 179,957,000	[2],[3],[35]
Percentage of Net Assets		3.00%	[11],[12]	3.10%	[2],[3],[35]
Investment, Identifier [Axis]: MHE Intermediate Holdings, LLC (dba OnPoint Group), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12],[15]	6.00%	[2],[3],[17],[35]
Par / Units		$ 4,039,000	[11],[12],[15]	$ 2,175,000	[2],[3],[17],[35]
Amortized Cost		3,934,000	[11],[12],[15]	2,057,000	[2],[3],[17],[35]
Fair Value		$ 3,962,000	[11],[12],[15]	$ 2,020,000	[2],[3],[17],[35]
Percentage of Net Assets		0.10%	[11],[12],[15]	0.00%	[2],[3],[17],[35]
Investment, Identifier [Axis]: MINDBODY, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[48]	7.00%	[2],[3],[14]
Par / Units		$ 67,637,000	[11],[48]	$ 67,637,000	[2],[3],[14]
Amortized Cost		67,387,000	[11],[48]	67,330,000	[2],[3],[14]
Fair Value		$ 67,298,000	[11],[48]	$ 67,637,000	[2],[3],[14]
Percentage of Net Assets		1.10%	[11],[48]	1.10%	[2],[3],[14]
Investment, Identifier [Axis]: MINDBODY, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[15],[28]	7.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(16,000)	[11],[15],[28]	(22,000)	[2],[3],[17],[37]
Fair Value		$ (30,000)	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Maia Aggregator, LP, Class A-2 Units
Schedule of Investments [Line Items]
Amortized Cost		$ 169,000	[11],[21],[23]	$ 169,000	[3],[25],[26]
Fair Value		$ 179,000	[11],[21],[23]	$ 179,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: Mario Midco Holdings, Inc. (dba Len the Plumber), Unsecured facility
Schedule of Investments [Line Items]
Interest	[2],[3],[30]			10.75%
Par / Units		$ 4,414,000	[11],[16]	$ 4,081,000	[2],[3],[30]
Amortized Cost		4,308,000	[11],[16]	3,973,000	[2],[3],[30]
Fair Value		$ 4,380,000	[11],[16]	$ 4,020,000	[2],[3],[30]
Percentage of Net Assets		0.10%	[11],[16]	0.10%	[2],[3],[30]
Investment, Identifier [Axis]: Mario Purchaser, LLC (dba Len the Plumber), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[16],[29]	5.75%	[2],[3],[17],[30],[34]
Par / Units		$ 3,158,000	[11],[15],[16],[29]	$ 2,021,000	[2],[3],[17],[30],[34]
Amortized Cost		3,072,000	[11],[15],[16],[29]	1,939,000	[2],[3],[17],[30],[34]
Fair Value		$ 3,143,000	[11],[15],[16],[29]	$ 2,000,000	[2],[3],[17],[30],[34]
Percentage of Net Assets		0.10%	[11],[15],[16],[29]	0.00%	[2],[3],[17],[30],[34]
Investment, Identifier [Axis]: Mario Purchaser, LLC (dba Len the Plumber), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[16]	5.75%	[2],[3],[30]
Par / Units		$ 12,976,000	[11],[16]	$ 13,042,000	[2],[3],[30]
Amortized Cost		12,750,000	[11],[16]	12,800,000	[2],[3],[30]
Fair Value		$ 12,911,000	[11],[16]	$ 12,911,000	[2],[3],[30]
Percentage of Net Assets		0.20%	[11],[16]	0.20%	[2],[3],[30]
Investment, Identifier [Axis]: Mario Purchaser, LLC (dba Len the Plumber), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.75%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(22,000)	[11],[15],[28]	(24,000)	[2],[3],[17],[37]
Fair Value		$ (7,000)	[11],[15],[28]	$ (14,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Mavis Tire Express Services Topco Corp. (9), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest				4.00%
Par / Units				$ 2,925,000
Amortized Cost				2,905,000
Fair Value				$ 2,785,000
Percentage of Net Assets				0.80%
Investment, Identifier [Axis]: Mavis Tire Express Services Topco Corp., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%
Par / Units		$ 2,910,000
Amortized Cost		2,892,000
Fair Value		$ 2,881,000
Percentage of Net Assets		0.70%
Investment, Identifier [Axis]: Medline Borrower, LP, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		3.25%	[11],[15],[28]	2.25%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(107,000)	[11],[15],[28]	(123,000)	[2],[3],[17],[37]
Fair Value		$ (198,000)	[11],[15],[28]	$ (485,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Medline Intermediate, LP, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.25%		3.25%
Par / Units		$ 24,688,000		$ 24,813,000
Amortized Cost		24,593,000		24,710,000
Fair Value		$ 24,386,000		$ 23,547,000
Percentage of Net Assets		5.90%		7.10%
Investment, Identifier [Axis]: MessageBird BidCo B.V., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[13],[48]	6.75%	[2],[3],[5],[27]
Par / Units		$ 44,917,000	[11],[13],[48]	$ 77,000,000	[2],[3],[5],[27]
Amortized Cost		44,221,000	[11],[13],[48]	75,685,000	[2],[3],[5],[27]
Fair Value		$ 44,468,000	[11],[13],[48]	$ 75,268,000	[2],[3],[5],[27]
Percentage of Net Assets		0.70%	[11],[13],[48]	1.30%	[2],[3],[5],[27]
Investment, Identifier [Axis]: MessageBird Holding B.V., Extended Series C Warrants
Schedule of Investments [Line Items]
Amortized Cost		$ 753,000	[13],[21],[22],[23]	$ 753,000	[3],[5],[25],[26]
Fair Value		$ 138,000	[13],[21],[22],[23]	$ 89,000	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[13],[21],[22],[23]	0.00%	[3],[5],[25],[26]
Investment, Identifier [Axis]: Metis HoldCo, Inc. (dba Mavis Tire Express Services), Series A Convertible Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			7.00%
Amortized Cost		$ 169,932,000	[11],[23],[40]	$ 163,743,000	[3],[26],[39]
Fair Value		$ 173,891,000	[11],[23],[40]	$ 161,677,000	[3],[26],[39]
Percentage of Net Assets		2.90%	[11],[23],[40]	2.70%	[3],[26],[39]
Investment, Identifier [Axis]: Milan Laser Holdings LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[16]	5.00%	[2],[3],[30]
Par / Units		$ 23,933,000	[11],[16]	$ 24,055,000	[2],[3],[30]
Amortized Cost		23,769,000	[11],[16]	23,873,000	[2],[3],[30]
Fair Value		$ 23,933,000	[11],[16]	$ 24,055,000	[2],[3],[30]
Percentage of Net Assets		0.40%	[11],[16]	0.40%	[2],[3],[30]
Investment, Identifier [Axis]: Milan Laser Holdings LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[15],[28]	5.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(12,000)	[11],[15],[28]	(14,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Minerva Holdco, Inc., Series A Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			10.75%
Amortized Cost		$ 7,991,000	[11],[23],[40]	$ 7,354,000	[3],[26],[39]
Fair Value		$ 7,307,000	[11],[23],[40]	$ 6,734,000	[3],[26],[39]
Percentage of Net Assets		0.10%	[11],[23],[40]	0.10%	[3],[26],[39]
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[15],[16],[29]	5.50%	[2],[3],[17],[34],[37]
Par / Units		$ 28,000	[11],[15],[16],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		26,000	[11],[15],[16],[29]	(2,000)	[2],[3],[17],[34],[37]
Fair Value		$ 26,000	[11],[15],[16],[29]	$ (3,000)	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[16],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[16]	5.50%	[2],[3],[27]
Par / Units		$ 697,000	[11],[16]	$ 701,000	[2],[3],[27]
Amortized Cost		686,000	[11],[16]	689,000	[2],[3],[27]
Fair Value		$ 683,000	[11],[16]	$ 683,000	[2],[3],[27]
Percentage of Net Assets		0.00%	[11],[16]	0.00%	[2],[3],[27]
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12],[15]	5.50%	[2],[3],[17],[27]
Par / Units		$ 25,000	[11],[12],[15]	$ 34,000	[2],[3],[17],[27]
Amortized Cost		24,000	[11],[12],[15]	33,000	[2],[3],[17],[27]
Fair Value		$ 24,000	[11],[12],[15]	$ 32,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: Motus Group, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[48]	6.50%	[2],[3],[27]
Par / Units		$ 10,810,000	[11],[48]	$ 10,810,000	[2],[3],[27]
Amortized Cost		10,717,000	[11],[48]	10,712,000	[2],[3],[27]
Fair Value		$ 10,649,000	[11],[48]	$ 10,594,000	[2],[3],[27]
Percentage of Net Assets		0.20%	[11],[48]	0.20%	[2],[3],[27]
Investment, Identifier [Axis]: Muine Gall, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Par / Units		$ 132,312,000	[11],[13],[33],[49]	$ 261,493,000	[1],[2],[3],[4],[5]
Amortized Cost		133,131,000	[11],[13],[33],[49]	262,995,000	[1],[2],[3],[4],[5]
Fair Value		$ 131,319,000	[11],[13],[33],[49]	$ 254,956,000	[1],[2],[3],[4],[5]
Percentage of Net Assets		2.20%	[11],[13],[33],[49]	4.30%	[1],[2],[3],[4],[5]
Investment, Identifier [Axis]: NMI Acquisitionco, Inc. (dba Network Merchants), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[16],[29]	5.75%
Par / Units		$ 5,893,000	[11],[15],[16],[29]	$ 5,923,000
Amortized Cost		5,829,000	[11],[15],[16],[29]	5,844,000
Fair Value		$ 5,849,000	[11],[15],[16],[29]	$ 5,834,000
Percentage of Net Assets		0.10%	[11],[15],[16],[29]	0.10%	[2],[3],[17],[27],[34]
Investment, Identifier [Axis]: NMI Acquisitionco, Inc. (dba Network Merchants), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[16]	5.75%	[2],[3],[27]
Par / Units		$ 24,916,000	[11],[16]	$ 25,048,000	[2],[3],[27]
Amortized Cost		24,820,000	[11],[16]	24,933,000	[2],[3],[27]
Fair Value		$ 24,730,000	[11],[16]	$ 24,735,000	[2],[3],[27]
Percentage of Net Assets		0.40%	[11],[16]	0.40%	[2],[3],[27]
Investment, Identifier [Axis]: NMI Acquisitionco, Inc. (dba Network Merchants), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.75%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(10,000)	[11],[15],[28]	(13,000)	[2],[3],[17],[37]
Fair Value		$ (12,000)	[11],[15],[28]	$ (21,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Naked Juice LLC (dba Tropicana), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.25%		3.25%
Par / Units		$ 1,980,000		$ 1,990,000
Amortized Cost		1,976,000		1,986,000
Fair Value		$ 1,838,000		$ 1,775,000
Percentage of Net Assets		0.40%		0.50%
Investment, Identifier [Axis]: National Dentex Labs LLC (fka Barracuda Dental LLC), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		8.00%	[12],[22]	8.00%	[2],[3],[14]
Par / Units		$ 107,108,000	[11],[12]	$ 106,033,000	[2],[3],[14]
Amortized Cost		106,237,000	[11],[12]	104,979,000	[2],[3],[14]
Fair Value		$ 104,431,000	[11],[12]	$ 103,381,000	[2],[3],[14]
Percentage of Net Assets		1.80%	[11],[12]	1.80%	[2],[3],[14]
Investment, Identifier [Axis]: National Dentex Labs LLC (fka Barracuda Dental LLC), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[12],[15]	7.00%	[2],[3],[14],[17]
Par / Units		$ 7,493,000	[11],[12],[15]	$ 9,195,000	[2],[3],[14],[17]
Amortized Cost		7,378,000	[11],[12],[15]	9,055,000	[2],[3],[14],[17]
Fair Value		$ 7,258,000	[11],[12],[15]	$ 8,961,000	[2],[3],[14],[17]
Percentage of Net Assets		0.10%	[11],[12],[15]	0.20%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Natural Partners, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12],[13]	6.00%	[2],[3],[4],[5]
Par / Units		$ 920,000	[11],[12],[13]	$ 924,000	[2],[3],[4],[5]
Amortized Cost		905,000	[11],[12],[13]	908,000	[2],[3],[4],[5]
Fair Value		$ 910,000	[11],[12],[13]	$ 906,000	[2],[3],[4],[5]
Percentage of Net Assets		0.00%	[11],[12],[13]	0.00%	[2],[3],[4],[5]
Investment, Identifier [Axis]: Natural Partners, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[13],[15],[28]	6.00%	[2],[3],[5],[17],[37]
Par / Units		$ 0	[11],[13],[15],[28]	$ 0	[2],[3],[5],[17],[37]
Amortized Cost		(1,000)	[11],[13],[15],[28]	(1,000)	[2],[3],[5],[17],[37]
Fair Value		$ (1,000)	[11],[13],[15],[28]	$ (1,000)	[2],[3],[5],[17],[37]
Percentage of Net Assets		0.00%	[11],[13],[15],[28]	0.00%	[2],[3],[5],[17],[37]
Investment, Identifier [Axis]: Nelipak Holding Company, First lien senior secured EUR revolving loan
Schedule of Investments [Line Items]
Interest		4.50%	[11],[15],[61]	4.50%	[2],[3],[17],[45]
Par / Units		$ 1,754,000	[11],[15],[61]	$ 2,574,000	[2],[3],[17],[45]
Amortized Cost		1,610,000	[11],[15],[61]	2,516,000	[2],[3],[17],[45]
Fair Value		$ 1,754,000	[11],[15],[61]	$ 2,522,000	[2],[3],[17],[45]
Percentage of Net Assets		0.00%	[11],[15],[61]	0.00%	[2],[3],[17],[45]
Investment, Identifier [Axis]: Nelipak Holding Company, First lien senior secured USD revolving loan
Schedule of Investments [Line Items]
Interest		4.25%	[11],[15],[16]	4.25%	[2],[3],[14],[17]
Par / Units		$ 1,206,000	[11],[15],[16]	$ 1,072,000	[2],[3],[14],[17]
Amortized Cost		1,176,000	[11],[15],[16]	1,028,000	[2],[3],[14],[17]
Fair Value		$ 1,206,000	[11],[15],[16]	$ 1,017,000	[2],[3],[14],[17]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.00%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Nelipak Holding Company, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		4.25%	[11],[12]	4.25%	[2],[3],[14]
Par / Units		$ 2,274,000	[11],[12]	$ 2,286,000	[2],[3],[14]
Amortized Cost		2,252,000	[11],[12]	2,260,000	[2],[3],[14]
Fair Value		$ 2,274,000	[11],[12]	$ 2,269,000	[2],[3],[14]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[14]
Investment, Identifier [Axis]: Nelipak Holding Company, Second lien EUR senior secured loan
Schedule of Investments [Line Items]
Interest		8.50%	[11],[59]	8.50%	[2],[3],[44]
Par / Units		$ 65,569,000	[11],[59]	$ 64,142,000	[2],[3],[44]
Amortized Cost		66,659,000	[11],[59]	66,603,000	[2],[3],[44]
Fair Value		$ 65,242,000	[11],[59]	$ 63,340,000	[2],[3],[44]
Percentage of Net Assets		1.10%	[11],[59]	1.10%	[2],[3],[44]
Investment, Identifier [Axis]: Nelipak Holding Company, Second lien USD senior secured loan
Schedule of Investments [Line Items]
Interest		8.25%	[11],[12]	8.25%	[2],[3],[14]
Par / Units		$ 67,006,000	[11],[12]	$ 67,006,000	[2],[3],[14]
Amortized Cost		66,404,000	[11],[12]	66,348,000	[2],[3],[14]
Fair Value		$ 67,006,000	[11],[12]	$ 66,503,000	[2],[3],[14]
Percentage of Net Assets		1.10%	[11],[12]	1.10%	[2],[3],[14]
Investment, Identifier [Axis]: Nellson Nutraceutical, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.75%	[2],[3],[30]
Par / Units		$ 25,884,000	[11],[12]	$ 25,982,000	[2],[3],[30]
Amortized Cost		25,715,000	[11],[12]	25,643,000	[2],[3],[30]
Fair Value		$ 25,689,000	[11],[12]	$ 25,527,000	[2],[3],[30]
Percentage of Net Assets		0.40%	[11],[12]	0.40%	[2],[3],[30]
Investment, Identifier [Axis]: New PLI Holdings, LLC (dba PLI), Class A Common Units
Schedule of Investments [Line Items]
Amortized Cost		$ 48,007,000	[11],[20],[21],[23]	$ 48,008,000	[3],[24],[25],[26]
Fair Value		$ 97,691,000	[11],[20],[21],[23]	$ 97,799,000	[3],[24],[25],[26]
Percentage of Net Assets		1.60%	[11],[20],[21],[23]	1.70%	[3],[24],[25],[26]
Investment, Identifier [Axis]: Norvax, LLC (dba GoHealth), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.50%	[11],[16]	7.50%	[2],[3],[14]
Par / Units		$ 74,319,000	[11],[16]	$ 76,588,000	[2],[3],[14]
Amortized Cost		72,949,000	[11],[16]	74,905,000	[2],[3],[14]
Fair Value		$ 73,390,000	[11],[16]	$ 75,440,000	[2],[3],[14]
Percentage of Net Assets		1.20%	[11],[16]	1.30%	[2],[3],[14]
Investment, Identifier [Axis]: Norvax, LLC (dba GoHealth), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28]	6.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(44,000)	[11],[15],[28]	(63,000)	[2],[3],[17],[37]
Fair Value		$ (153,000)	[11],[15],[28]	$ (184,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Notorious Topco, LLC (dba Beauty Industry Group), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[12],[15],[29]	6.75%	[2],[3],[17],[34],[36]
Par / Units		$ 9,482,000	[11],[12],[15],[29]	$ 9,530,000	[2],[3],[17],[34],[36]
Amortized Cost		9,308,000	[11],[12],[15],[29]	9,336,000	[2],[3],[17],[34],[36]
Fair Value		$ 9,284,000	[11],[12],[15],[29]	$ 9,482,000	[2],[3],[17],[34],[36]
Percentage of Net Assets		0.20%	[11],[12],[15],[29]	0.20%	[2],[3],[17],[34],[36]
Investment, Identifier [Axis]: Notorious Topco, LLC (dba Beauty Industry Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[12]	6.75%	[2],[3],[36]
Par / Units		$ 108,803,000	[11],[12]	$ 109,355,000	[2],[3],[36]
Amortized Cost		107,524,000	[11],[12]	107,959,000	[2],[3],[36]
Fair Value		$ 106,899,000	[11],[12]	$ 108,809,000	[2],[3],[36]
Percentage of Net Assets		1.80%	[11],[12]	1.80%	[2],[3],[36]
Investment, Identifier [Axis]: Notorious Topco, LLC (dba Beauty Industry Group), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[12],[15]	6.75%	[2],[3],[17],[36]
Par / Units		$ 638,000	[11],[12],[15]	$ 1,596,000	[2],[3],[17],[36]
Amortized Cost		537,000	[11],[12],[15]	1,481,000	[2],[3],[17],[36]
Fair Value		$ 471,000	[11],[12],[15]	$ 1,548,000	[2],[3],[17],[36]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[36]
Investment, Identifier [Axis]: Nutraceutical International Corporation, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			7.00%
Par / Units	[2],[3],[27]			$ 186,644,000
Amortized Cost	[2],[3],[27]			184,758,000
Fair Value	[2],[3],[27]			$ 169,845,000
Percentage of Net Assets	[2],[3],[27]			2.90%
Investment, Identifier [Axis]: Nutraceutical International Corporation, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			7.00%
Par / Units	[2],[3],[27]			$ 13,578,000
Amortized Cost	[2],[3],[27]			13,467,000
Fair Value	[2],[3],[27]			$ 12,356,000
Percentage of Net Assets	[2],[3],[27]			0.20%
Investment, Identifier [Axis]: OB Hospitalist Group, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[16]	5.50%	[2],[3],[14]
Par / Units		$ 94,309,000	[11],[16]	$ 95,029,000	[2],[3],[14]
Amortized Cost		92,887,000	[11],[16]	93,464,000	[2],[3],[14]
Fair Value		$ 92,659,000	[11],[16]	$ 93,841,000	[2],[3],[14]
Percentage of Net Assets		1.60%	[11],[16]	1.60%	[2],[3],[14]
Investment, Identifier [Axis]: OB Hospitalist Group, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12],[15]	5.50%	[2],[3],[14],[17]
Par / Units		$ 6,665,000	[11],[12],[15]	$ 5,251,000	[2],[3],[14],[17]
Amortized Cost		6,451,000	[11],[12],[15]	5,012,000	[2],[3],[14],[17]
Fair Value		$ 6,400,000	[11],[12],[15]	$ 5,062,000	[2],[3],[14],[17]
Percentage of Net Assets		0.10%	[11],[12],[15]	0.10%	[2],[3],[14],[17]
Investment, Identifier [Axis]: ORCC Senior Loan Fund LLC (fka Sebago Lake LLC)
Schedule of Investments [Line Items]
Amortized Cost	[1],[5],[24],[26],[62]			$ 318,839,000
Fair Value	[63]			$ 288,981,000	[1],[5],[24],[26],[62]	247,061,000
Percentage of Net Assets	[1],[5],[24],[26],[62]			4.90%
Investment, Identifier [Axis]: Ocala Bidco, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28],[29]	5.75%
Par / Units	[11],[15],[28],[29]	$ 0
Amortized Cost	[11],[15],[28],[29]	(183,000)
Fair Value	[11],[15],[28],[29]	$ (95,000)
Percentage of Net Assets	[11],[15],[28],[29]	0.00%
Investment, Identifier [Axis]: Ocala Bidco, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[22],[38]	6.25%
Par / Units	[11],[38]	$ 185,272,000
Amortized Cost	[11],[38]	181,668,000
Fair Value	[11],[38]	$ 182,030,000
Percentage of Net Assets	[11],[38]	3.10%
Investment, Identifier [Axis]: Ocala Bidco, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Par / Units	[11],[12]	$ 103,250,000
Amortized Cost	[11],[12]	101,661,000
Fair Value	[11],[12]	$ 102,217,000
Percentage of Net Assets	[11],[12]	1.70%
Investment, Identifier [Axis]: Offen, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[33]	5.00%	[2],[3],[27]
Par / Units		$ 18,668,000	[11],[33]	$ 18,695,000	[2],[3],[27]
Amortized Cost		18,582,000	[11],[33]	18,596,000	[2],[3],[27]
Fair Value		$ 18,668,000	[11],[33]	$ 18,695,000	[2],[3],[27]
Percentage of Net Assets		0.30%	[11],[33]	0.30%	[2],[3],[27]
Investment, Identifier [Axis]: Olaplex, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.50%		3.50%
Par / Units		$ 25,063,000		$ 14,925,000
Amortized Cost		24,205,000		14,892,000
Fair Value		$ 23,371,000		$ 14,030,000
Percentage of Net Assets		5.60%		4.20%
Investment, Identifier [Axis]: Ole Smoky Distillery, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[16]	5.25%	[2],[3],[30]
Par / Units		$ 873,000	[11],[16]	$ 877,000	[2],[3],[30]
Amortized Cost		858,000	[11],[16]	861,000	[2],[3],[30]
Fair Value		$ 860,000	[11],[16]	$ 860,000	[2],[3],[30]
Percentage of Net Assets		0.00%	[11],[16]	0.00%	[2],[3],[30]
Investment, Identifier [Axis]: Ole Smoky Distillery, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.00%	[11],[15],[28]	5.25%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(2,000)	[11],[15],[28]	(2,000)	[2],[3],[17],[37]
Fair Value		$ (2,000)	[11],[15],[28]	$ (2,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: PAI Holdco, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.75%		3.75%
Par / Units		$ 13,776,000		$ 9,887,000
Amortized Cost		13,389,000		9,767,000
Fair Value		$ 12,733,000		$ 8,700,000
Percentage of Net Assets		3.10%		2.60%
Investment, Identifier [Axis]: PCF Holdco, LLC (dba PCF Insurance Services), Class A Units
Schedule of Investments [Line Items]
Amortized Cost		$ 37,464,000	[11],[21],[23]	$ 37,464,000	[3],[25],[26]
Fair Value		$ 67,457,000	[11],[21],[23]	$ 67,456,000	[3],[25],[26]
Percentage of Net Assets		1.10%	[11],[21],[23]	1.10%	[3],[25],[26]
Investment, Identifier [Axis]: PCF Holdco, LLC (dba PCF Insurance Services), Class A Warrants
Schedule of Investments [Line Items]
Amortized Cost	[11],[21],[23]	$ 4,396,000
Fair Value	[11],[21],[23]	$ 4,400,000
Percentage of Net Assets	[11],[21],[23]	0.10%
Investment, Identifier [Axis]: PCF Holdco, LLC (dba PCF Insurance Services), Series A Preferred Units
Schedule of Investments [Line Items]
Amortized Cost	[11],[15],[23],[40]	$ 6,767,000
Fair Value	[11],[15],[23],[40]	$ 6,921,000
Percentage of Net Assets	[11],[15],[23],[40]	0.10%
Investment, Identifier [Axis]: PCF Midco II, LLC (dba PCF Insurance Services), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[3],[39]			9.00%
Par / Units		$ 137,884,000	[11],[40]	$ 131,818,000	[3],[39]
Amortized Cost		127,785,000	[11],[40]	121,345,000	[3],[39]
Fair Value		$ 126,508,000	[11],[40]	$ 118,636,000	[3],[39]
Percentage of Net Assets		2.10%	[11],[40]	2.00%	[3],[39]
Investment, Identifier [Axis]: PHM Netherlands Midco B.V. (dba Loparex), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		4.50%	[11],[38]	4.50%	[2],[3],[14]
Par / Units		$ 774,000	[11],[38]	$ 778,000	[2],[3],[14]
Amortized Cost		740,000	[11],[38]	740,000	[2],[3],[14]
Fair Value		$ 741,000	[11],[38]	$ 751,000	[2],[3],[14]
Percentage of Net Assets		0.00%	[11],[38]	0.00%	[2],[3],[14]
Investment, Identifier [Axis]: PHM Netherlands Midco B.V. (dba Loparex), Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		8.75%	[11],[38]	8.75%	[2],[3],[14]
Par / Units		$ 112,000,000	[11],[38]	$ 112,000,000	[2],[3],[14]
Amortized Cost		107,171,000	[11],[38]	106,756,000	[2],[3],[14]
Fair Value		$ 108,640,000	[11],[38]	$ 109,200,000	[2],[3],[14]
Percentage of Net Assets		1.80%	[11],[38]	1.90%	[2],[3],[14]
Investment, Identifier [Axis]: PPV Intermediate Holdings, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34],[37]			5.75%
Par / Units	[2],[3],[17],[34],[37]			$ 0
Amortized Cost	[2],[3],[17],[34],[37]			(2,000)
Fair Value	[2],[3],[17],[34],[37]			$ (1,000)
Percentage of Net Assets	[2],[3],[17],[34],[37]			0.00%
Investment, Identifier [Axis]: PPV Intermediate Holdings, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.75%	[2],[3],[36]
Par / Units		$ 933,000	[11],[12]	$ 823,000	[2],[3],[36]
Amortized Cost		916,000	[11],[12]	808,000	[2],[3],[36]
Fair Value		$ 921,000	[11],[12]	$ 807,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: PPV Intermediate Holdings, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.75%	[2],[3],[17],[36]
Par / Units		$ 0	[11],[15],[28]	$ 18,000	[2],[3],[17],[36]
Amortized Cost		(1,000)	[11],[15],[28]	17,000	[2],[3],[17],[36]
Fair Value		$ (1,000)	[11],[15],[28]	$ 17,000	[2],[3],[17],[36]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[36]
Investment, Identifier [Axis]: PS Op Holdings LLC (fka QC Supply, LLC), Class A Common Units
Schedule of Investments [Line Items]
Amortized Cost		$ 4,300,000	[20],[21],[23]	$ 4,300,000	[24],[25],[26]
Fair Value		$ 3,725,000	[20],[21],[23]	$ 3,950,000	[24],[25],[26]
Percentage of Net Assets		0.10%	[20],[21],[23]	0.10%	[24],[25],[26]
Investment, Identifier [Axis]: PS Operating Company LLC (fka QC Supply, LLC)
Schedule of Investments [Line Items]
Fair Value		$ 19,833,000		$ 20,361,000		19,495,000
Investment, Identifier [Axis]: PS Operating Company LLC (fka QC Supply, LLC), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[12],[20]	6.00%	[2],[14],[24]
Par / Units		$ 13,241,000	[12],[20]	$ 13,241,000	[2],[14],[24]
Amortized Cost		12,976,000	[12],[20]	12,976,000	[2],[14],[24]
Fair Value		$ 12,678,000	[12],[20]	$ 12,778,000	[2],[14],[24]
Percentage of Net Assets		0.20%	[12],[20]	0.20%	[2],[14],[24]
Investment, Identifier [Axis]: PS Operating Company LLC (fka QC Supply, LLC), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[12],[15],[20]	6.00%	[2],[14],[17],[24]
Par / Units		$ 3,641,000	[12],[15],[20]	$ 3,807,000	[2],[14],[17],[24]
Amortized Cost		3,567,000	[12],[15],[20]	3,708,000	[2],[14],[17],[24]
Fair Value		$ 3,430,000	[12],[15],[20]	$ 3,633,000	[2],[14],[17],[24]
Percentage of Net Assets		0.10%	[12],[15],[20]	0.10%	[2],[14],[17],[24]
Investment, Identifier [Axis]: Pacific BidCo Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[13],[15],[28],[29]	5.75%	[2],[3],[5],[17],[34],[37]
Par / Units		$ 0	[11],[13],[15],[28],[29]	$ 0	[2],[3],[5],[17],[34],[37]
Amortized Cost		(37,000)	[11],[13],[15],[28],[29]	(41,000)	[2],[3],[5],[17],[34],[37]
Fair Value		$ (9,000)	[11],[13],[15],[28],[29]	$ (34,000)	[2],[3],[5],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[13],[15],[28],[29]	0.00%	[2],[3],[5],[17],[34],[37]
Investment, Identifier [Axis]: Pacific BidCo Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12],[13]	5.75%	[2],[3],[5],[36]
Par / Units		$ 30,924,000	[11],[12],[13]	$ 30,924,000	[2],[3],[5],[36]
Amortized Cost		30,224,000	[11],[12],[13]	30,184,000	[2],[3],[5],[36]
Fair Value		$ 30,460,000	[11],[12],[13]	$ 30,228,000	[2],[3],[5],[36]
Percentage of Net Assets		0.50%	[11],[12],[13]	0.50%	[2],[3],[5],[36]
Investment, Identifier [Axis]: Packaging Coordinators Midco, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.50%		3.50%
Par / Units		$ 4,912,000		$ 4,937,000
Amortized Cost		4,903,000		4,927,000
Fair Value		$ 4,834,000		$ 4,672,000
Percentage of Net Assets		1.20%		1.40%
Investment, Identifier [Axis]: Packaging Coordinators Midco, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[38]	7.00%	[2],[3],[14]
Par / Units		$ 196,044,000	[11],[38]	$ 196,044,000	[2],[3],[14]
Amortized Cost		192,972,000	[11],[38]	192,817,000	[2],[3],[14]
Fair Value		$ 189,182,000	[11],[38]	$ 185,261,000	[2],[3],[14]
Percentage of Net Assets		3.20%	[11],[38]	3.10%	[2],[3],[14]
Investment, Identifier [Axis]: Packers Holdings, LLC, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.25%		3.25%
Par / Units		$ 16,100,000		$ 21,066,000
Amortized Cost		15,800,000		20,679,000
Fair Value		$ 11,106,000		$ 18,327,000
Percentage of Net Assets		2.70%		5.50%
Investment, Identifier [Axis]: Park Place Technologies, LLC(9), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest				5.00%
Par / Units				$ 14,886,000
Amortized Cost				14,443,000
Fair Value				$ 13,987,000
Percentage of Net Assets				4.20%
Investment, Identifier [Axis]: Park Place Technologies, LLC, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		5.00%
Par / Units		$ 14,811,000
Amortized Cost		14,406,000
Fair Value		$ 14,362,000
Percentage of Net Assets		3.40%
Investment, Identifier [Axis]: Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[12],[13]	6.75%	[2],[3],[5],[36]
Par / Units		$ 134,683,000	[11],[12],[13]	$ 135,372,000	[2],[3],[5],[36]
Amortized Cost		133,087,000	[11],[12],[13]	133,607,000	[2],[3],[5],[36]
Fair Value		$ 133,000,000	[11],[12],[13]	$ 133,680,000	[2],[3],[5],[36]
Percentage of Net Assets		2.20%	[11],[12],[13]	2.30%	[2],[3],[5],[36]
Investment, Identifier [Axis]: Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.75%	[11],[13],[15],[28]	6.75%	[2],[3],[5],[17],[36]
Par / Units		$ 0	[11],[13],[15],[28]	$ 2,901,000	[2],[3],[5],[17],[36]
Amortized Cost		(145,000)	[11],[13],[15],[28]	2,728,000	[2],[3],[5],[17],[36]
Fair Value		$ (169,000)	[11],[13],[15],[28]	$ 2,732,000	[2],[3],[5],[17],[36]
Percentage of Net Assets		0.00%	[11],[13],[15],[28]	0.00%	[2],[3],[5],[17],[36]
Investment, Identifier [Axis]: Patriot Holdings SCSp (dba Corza Health, Inc.), Class A Units
Schedule of Investments [Line Items]
Interest	[3],[5],[26],[39]			8.00%
Amortized Cost		$ 9,230,000	[11],[13],[23],[40]	$ 8,265,000	[3],[5],[26],[39]
Fair Value		$ 9,219,000	[11],[13],[23],[40]	$ 8,534,000	[3],[5],[26],[39]
Percentage of Net Assets		0.20%	[11],[13],[23],[40]	0.10%	[3],[5],[26],[39]
Investment, Identifier [Axis]: Patriot Holdings SCSp (dba Corza Health, Inc.), Class B Units
Schedule of Investments [Line Items]
Amortized Cost		$ 150,000	[11],[13],[21],[23]	$ 18,000	[3],[5],[25],[26]
Fair Value		$ 1,625,000	[11],[13],[21],[23]	$ 1,145,000	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[11],[13],[21],[23]	0.00%	[3],[5],[25],[26]
Investment, Identifier [Axis]: Peraton Corp., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.75%	[11],[12],[41]	7.75%	[2],[3],[27],[42]
Par / Units		$ 46,113,000	[11],[12],[41]	$ 46,113,000	[2],[3],[27],[42]
Amortized Cost		45,574,000	[11],[12],[41]	45,539,000	[2],[3],[27],[42]
Fair Value		$ 44,614,000	[11],[12],[41]	$ 43,691,000	[2],[3],[27],[42]
Percentage of Net Assets		0.70%	[11],[12],[41]	0.70%	[2],[3],[27],[42]
Investment, Identifier [Axis]: PerkinElmer U.S. LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[11],[12]	6.75%
Par / Units	[11],[12]	$ 913,000
Amortized Cost	[11],[12]	897,000
Fair Value	[11],[12]	$ 897,000
Percentage of Net Assets	[11],[12]	0.00%
Investment, Identifier [Axis]: Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[16]	6.00%	[2],[3],[4]
Par / Units		$ 134,225,000	[11],[16]	$ 134,907,000	[2],[3],[4]
Amortized Cost		133,143,000	[11],[16]	133,740,000	[2],[3],[4]
Fair Value		$ 134,225,000	[11],[16]	$ 134,570,000	[2],[3],[4]
Percentage of Net Assets		2.30%	[11],[16]	2.30%	[2],[3],[4]
Investment, Identifier [Axis]: Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[15],[28]	6.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(45,000)	[11],[15],[28]	(50,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ (15,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Phoenix Newco, Inc. (dba Parexel), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.25%		3.25%
Par / Units		$ 27,156,000		$ 27,294,000
Amortized Cost		27,048,000		27,177,000
Fair Value		$ 26,912,000		$ 26,240,000
Percentage of Net Assets		6.50%		7.90%
Investment, Identifier [Axis]: Phoenix Newco, Inc. (dba Parexel), Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[16]	6.50%	[2],[3],[27]
Par / Units		$ 190,000,000	[11],[16]	$ 190,000,000	[2],[3],[27]
Amortized Cost		188,388,000	[11],[16]	188,302,000	[2],[3],[27]
Fair Value		$ 188,575,000	[11],[16]	$ 186,200,000	[2],[3],[27]
Percentage of Net Assets		3.20%	[11],[16]	3.20%	[2],[3],[27]
Investment, Identifier [Axis]: Physician Partners, LLC, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%		4.00%
Par / Units		$ 9,875,000		$ 9,925,000
Amortized Cost		9,792,000		9,836,000
Fair Value		$ 9,258,000		$ 9,434,000
Percentage of Net Assets		2.20%		2.90%
Investment, Identifier [Axis]: Picard Holdco, LLC, Series A Preferred Stock
Schedule of Investments [Line Items]
Interest	[2],[3],[26],[36]			12.00%
Amortized Cost		$ 26,875,000	[12],[22],[23]	$ 24,968,000	[2],[3],[26],[36]
Fair Value		$ 25,167,000	[12],[22],[23]	$ 24,925,000	[2],[3],[26],[36]
Percentage of Net Assets		0.40%	[12],[22],[23]	0.40%	[2],[3],[26],[36]
Investment, Identifier [Axis]: Ping Identity Holding Corp., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[16]	7.00%	[2],[3],[30]
Par / Units		$ 909,000	[11],[16]	$ 909,000	[2],[3],[30]
Amortized Cost		896,000	[11],[16]	896,000	[2],[3],[30]
Fair Value		$ 900,000	[11],[16]	$ 895,000	[2],[3],[30]
Percentage of Net Assets		0.00%	[11],[16]	0.00%	[2],[3],[30]
Investment, Identifier [Axis]: Ping Identity Holding Corp., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[15],[28]	7.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(1,000)	[11],[15],[28]	(1,000)	[2],[3],[17],[37]
Fair Value		$ (1,000)	[11],[15],[28]	$ (1,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Plasma Buyer LLC (dba PathGroup), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28],[29]	5.75%	[2],[3],[17],[34],[37]
Par / Units		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		(1,000)	[11],[15],[28],[29]	(2,000)	[2],[3],[17],[34],[37]
Fair Value		$ (3,000)	[11],[15],[28],[29]	$ (1,000)	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[28],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: Plasma Buyer LLC (dba PathGroup), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.75%	[2],[3],[30]
Par / Units		$ 676,000	[11],[12]	$ 679,000	[2],[3],[30]
Amortized Cost		664,000	[11],[12]	666,000	[2],[3],[30]
Fair Value		$ 659,000	[11],[12]	$ 667,000	[2],[3],[30]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[30]
Investment, Identifier [Axis]: Plasma Buyer LLC (dba PathGroup), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.75%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(1,000)	[11],[15],[28]	(1,000)	[2],[3],[17],[37]
Fair Value		$ (2,000)	[11],[15],[28]	$ (1,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Pluralsight, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		8.00%	[11],[12]	8.00%	[2],[3],[14]
Par / Units		$ 99,450,000	[11],[12]	$ 99,450,000	[2],[3],[14]
Amortized Cost		98,724,000	[11],[12]	98,455,000	[2],[3],[14]
Fair Value		$ 97,958,000	[11],[12]	$ 97,958,000	[2],[3],[14]
Percentage of Net Assets		1.60%	[11],[12]	1.70%	[2],[3],[14]
Investment, Identifier [Axis]: Pluralsight, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		8.00%	[11],[12],[15]	8.00%	[2],[3],[17],[27]
Par / Units		$ 3,118,000	[11],[12],[15]	$ 3,118,000	[2],[3],[17],[27]
Amortized Cost		3,079,000	[11],[12],[15]	3,055,000	[2],[3],[17],[27]
Fair Value		$ 3,024,000	[11],[12],[15]	$ 3,024,000	[2],[3],[17],[27]
Percentage of Net Assets		0.10%	[11],[12],[15]	0.10%	[2],[3],[17],[27]
Investment, Identifier [Axis]: PointClickCare Technologies Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%		4.00%
Par / Units		$ 9,875,000		$ 9,925,000
Amortized Cost		9,755,000		9,794,000
Fair Value		$ 9,875,000		$ 9,751,000
Percentage of Net Assets		2.40%		3.00%
Investment, Identifier [Axis]: Pregis Topco LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.02%	[11],[48]	7.02%	[2],[3],[27]
Par / Units		$ 160,000,000	[11],[48]	$ 160,000,000	[2],[3],[27]
Amortized Cost		157,836,000	[11],[48]	157,716,000	[2],[3],[27]
Fair Value		$ 159,329,000	[11],[48]	$ 158,193,000	[2],[3],[27]
Percentage of Net Assets		2.70%	[11],[48]	2.70%	[2],[3],[27]
Investment, Identifier [Axis]: Premier Imaging, LLC (dba LucidHealth), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[16]	5.75%	[2],[3],[27]
Par / Units		$ 42,823,000	[11],[16]	$ 42,998,000	[2],[3],[27]
Amortized Cost		42,570,000	[11],[16]	42,666,000	[2],[3],[27]
Fair Value		$ 42,395,000	[11],[16]	$ 42,460,000	[2],[3],[27]
Percentage of Net Assets		0.70%	[11],[16]	0.70%	[2],[3],[27]
Investment, Identifier [Axis]: Pro Mach Group, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%		4.00%
Par / Units		$ 24,632,000		$ 24,757,000
Amortized Cost		24,535,000		24,652,000
Fair Value		$ 24,551,000		$ 24,039,000
Percentage of Net Assets		5.90%		7.30%
Investment, Identifier [Axis]: Project Alpine Co-Invest Fund, LP, LP Interest
Schedule of Investments [Line Items]
Amortized Cost	[13],[21],[22],[23]	$ 10,006,000
Fair Value	[13],[21],[22],[23]	$ 10,974,000
Percentage of Net Assets	[13],[21],[22],[23]	0.20%
Investment, Identifier [Axis]: Project Alpine Co-Invest Fund,LP, LP Interest
Schedule of Investments [Line Items]
Amortized Cost	[3],[5],[25],[26]			$ 10,006,000
Fair Value	[3],[5],[25],[26]			$ 10,000,000
Percentage of Net Assets	[3],[5],[25],[26]			0.20%
Investment, Identifier [Axis]: Project Hotel California Co-Invest Fund, L.P., LP Interest
Schedule of Investments [Line Items]
Amortized Cost		$ 2,687,000	[13],[21],[22],[23]	$ 2,687,000	[3],[5],[25],[26]
Fair Value		$ 2,686,000	[13],[21],[22],[23]	$ 2,685,000	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[13],[21],[22],[23]	0.00%	[3],[5],[25],[26]
Investment, Identifier [Axis]: Project Power Buyer, LLC (dba PEC-Veriforce), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[12]	6.00%	[2],[3],[27]
Par / Units		$ 44,403,000	[11],[12]	$ 44,630,000	[2],[3],[27]
Amortized Cost		44,109,000	[11],[12]	44,292,000	[2],[3],[27]
Fair Value		$ 43,959,000	[11],[12]	$ 44,630,000	[2],[3],[27]
Percentage of Net Assets		0.70%	[11],[12]	0.80%	[2],[3],[27]
Investment, Identifier [Axis]: Project Power Buyer, LLC (dba PEC-Veriforce), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.00%	[11],[15],[28]	6.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(12,000)	[11],[15],[28]	(16,000)	[2],[3],[17],[37]
Fair Value		$ (32,000)	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Proofpoint, Inc., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.25%	[2],[3],[14]
Par / Units		$ 19,600,000	[11],[16]	$ 19,600,000	[2],[3],[14]
Amortized Cost		19,519,000	[11],[16]	19,514,000	[2],[3],[14]
Fair Value		$ 18,963,000	[11],[16]	$ 18,767,000	[2],[3],[14]
Percentage of Net Assets		0.30%	[11],[16]	0.30%	[2],[3],[14]
Investment, Identifier [Axis]: QAD, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.38%	[11],[16]	6.00%	[2],[3],[27]
Par / Units		$ 26,239,000	[11],[16]	$ 26,372,000	[2],[3],[27]
Amortized Cost		25,835,000	[11],[16]	25,929,000	[2],[3],[27]
Fair Value		$ 25,714,000	[11],[16]	$ 25,713,000	[2],[3],[27]
Percentage of Net Assets		0.40%	[11],[16]	0.40%	[2],[3],[27]
Investment, Identifier [Axis]: QAD, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.38%	[11],[15],[28]	6.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(50,000)	[11],[15],[28]	(55,000)	[2],[3],[17],[37]
Fair Value		$ (69,000)	[11],[15],[28]	$ (86,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Quva Pharma, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[16],[22]	5.50%	[2],[3],[14]
Par / Units		$ 39,300,000	[16],[22]	$ 39,500,000	[2],[3],[14]
Amortized Cost		38,427,000	[16],[22]	38,554,000	[2],[3],[14]
Fair Value		$ 38,711,000	[16],[22]	$ 38,710,000	[2],[3],[14]
Percentage of Net Assets		0.70%	[16],[22]	0.70%	[2],[3],[14]
Investment, Identifier [Axis]: Quva Pharma, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[15],[16]	5.50%	[2],[3],[14],[17]
Par / Units		$ 1,840,000	[11],[15],[16]	$ 1,920,000	[2],[3],[14],[17]
Amortized Cost		1,773,000	[11],[15],[16]	1,841,000	[2],[3],[14],[17]
Fair Value		$ 1,780,000	[11],[15],[16]	$ 1,840,000	[2],[3],[14],[17]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.00%	[2],[3],[14],[17]
Investment, Identifier [Axis]: REALPAGE, INC., Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[16],[41]	6.50%	[2],[3],[27]
Par / Units		$ 34,500,000	[11],[16],[41]	$ 34,500,000	[2],[3],[27]
Amortized Cost		34,092,000	[11],[16],[41]	34,067,000	[2],[3],[27]
Fair Value		$ 33,319,000	[11],[16],[41]	$ 33,033,000	[2],[3],[27]
Percentage of Net Assets		0.60%	[11],[16],[41]	0.60%	[2],[3],[27]
Investment, Identifier [Axis]: Recipe Acquisition Corp. (dba Roland Corporation), Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		9.00%	[12]	9.00%	[2],[36]
Par / Units		$ 32,000,000	[12]	$ 32,000,000	[2],[36]
Amortized Cost		31,980,000	[12]	31,960,000	[2],[36]
Fair Value		$ 31,760,000	[12]	$ 31,520,000	[2],[36]
Percentage of Net Assets		0.50%	[12]	0.50%	[2],[36]
Investment, Identifier [Axis]: Relativity ODA LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[16],[22]	7.50%	[2],[3],[27]
Par / Units		$ 85,834,000	[11],[16]	$ 83,982,000	[2],[3],[27]
Amortized Cost		85,059,000	[11],[16]	83,128,000	[2],[3],[27]
Fair Value		$ 85,834,000	[11],[16]	$ 83,772,000	[2],[3],[27]
Percentage of Net Assets		1.40%	[11],[16]	1.40%	[2],[3],[27]
Investment, Identifier [Axis]: Relativity ODA LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[15],[22],[28]	6.50%	[2],[3],[17],[37]
Par / Units		$ 0	[15],[22],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(71,000)	[15],[22],[28]	(80,000)	[2],[3],[17],[37]
Fair Value		$ 0	[15],[22],[28]	$ (18,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[15],[22],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Rhea Acquisition Holdings, LP, Series A-2 Units
Schedule of Investments [Line Items]
Amortized Cost		$ 119,000	[11],[21],[23]	$ 119,000	[3],[25],[26]
Fair Value		$ 154,000	[11],[21],[23]	$ 119,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: Rhea Parent, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.75%	[2],[3],[36]
Par / Units		$ 766,000	[11],[12]	$ 770,000	[2],[3],[36]
Amortized Cost		753,000	[11],[12]	756,000	[2],[3],[36]
Fair Value		$ 758,000	[11],[12]	$ 753,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: Ring Container Technologies Group, LLC (dba Ring Container Technologies), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.50%		3.50%
Par / Units		$ 24,625,000		$ 24,750,000
Amortized Cost		24,578,000		24,699,000
Fair Value		$ 24,497,000		$ 24,379,000
Percentage of Net Assets		5.90%		7.40%
Investment, Identifier [Axis]: SRS Distribution, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.50%		3.50%
Par / Units		$ 9,825,000		$ 9,875,000
Amortized Cost		9,770,000		9,816,000
Fair Value		$ 9,530,000		$ 9,431,000
Percentage of Net Assets		2.30%		2.90%
Investment, Identifier [Axis]: SWK BUYER, Inc. (dba Stonewall Kitchen), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[34],[37]			5.25%
Par / Units	[2],[3],[17],[34],[37]			$ 0
Amortized Cost	[2],[3],[17],[34],[37]			(2,000)
Fair Value	[2],[3],[17],[34],[37]			$ (4,000)
Percentage of Net Assets	[2],[3],[17],[34],[37]			0.00%
Investment, Identifier [Axis]: SWK BUYER, Inc. (dba Stonewall Kitchen), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[33]	5.25%	[2],[3],[35]
Par / Units		$ 747,000	[11],[33]	$ 751,000	[2],[3],[35]
Amortized Cost		734,000	[11],[33]	737,000	[2],[3],[35]
Fair Value		$ 717,000	[11],[33]	$ 728,000	[2],[3],[35]
Percentage of Net Assets		0.00%	[11],[33]	0.00%	[2],[3],[35]
Investment, Identifier [Axis]: SWK BUYER, Inc. (dba Stonewall Kitchen), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[15],[33]	5.25%	[2],[3],[17],[30]
Par / Units		$ 65,000	[11],[15],[33]	$ 25,000	[2],[3],[17],[30]
Amortized Cost		64,000	[11],[15],[33]	23,000	[2],[3],[17],[30]
Fair Value		$ 62,000	[11],[15],[33]	$ 22,000	[2],[3],[17],[30]
Percentage of Net Assets		0.00%	[11],[15],[33]	0.00%	[2],[3],[17],[30]
Investment, Identifier [Axis]: Safe Fleet Holdings, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		5.00%		5.00%
Par / Units		$ 14,850,000		$ 14,925,000
Amortized Cost		14,454,000		14,501,000
Fair Value		$ 14,850,000		$ 14,403,000
Percentage of Net Assets		3.60%		4.40%
Investment, Identifier [Axis]: Safety Products/JHC Acquisition Corp. (dba Justrite Safety Group), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		4.50%	[11],[16],[41]	4.50%	[2],[3],[27]
Par / Units		$ 13,709,000	[11],[16],[41]	$ 13,781,000	[2],[3],[27]
Amortized Cost		13,644,000	[11],[16],[41]	13,706,000	[2],[3],[27]
Fair Value		$ 12,925,000	[11],[16],[41]	$ 13,470,000	[2],[3],[27]
Percentage of Net Assets		0.20%	[11],[16],[41]	0.20%	[2],[3],[27]
Investment, Identifier [Axis]: SailPoint Technologies Holdings, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.25%	[2],[3],[30]
Par / Units		$ 45,640,000	[11],[16]	$ 45,640,000	[2],[3],[30]
Amortized Cost		44,763,000	[11],[16]	44,713,000	[2],[3],[30]
Fair Value		$ 45,070,000	[11],[16]	$ 44,727,000	[2],[3],[30]
Percentage of Net Assets		0.80%	[11],[16]	0.80%	[2],[3],[30]
Investment, Identifier [Axis]: SailPoint Technologies Holdings, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[15],[28]	6.25%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(74,000)	[11],[15],[28]	(82,000)	[2],[3],[17],[37]
Fair Value		$ (54,000)	[11],[15],[28]	$ (87,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		4.50%	[11],[12]	4.50%	[2],[3],[14]
Par / Units		$ 43,182,000	[11],[12]	$ 43,522,000	[2],[3],[14]
Amortized Cost		42,892,000	[11],[12]	43,166,000	[2],[3],[14]
Fair Value		$ 40,915,000	[11],[12]	$ 40,693,000	[2],[3],[14]
Percentage of Net Assets		0.70%	[11],[12]	0.70%	[2],[3],[14]
Investment, Identifier [Axis]: Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		4.50%	[11],[12],[15]	4.50%	[2],[3],[14],[17]
Par / Units		$ 6,300,000	[11],[12],[15]	$ 7,020,000	[2],[3],[14],[17]
Amortized Cost		6,297,000	[11],[12],[15]	6,997,000	[2],[3],[14],[17]
Fair Value		$ 5,828,000	[11],[12],[15]	$ 6,435,000	[2],[3],[14],[17]
Percentage of Net Assets		0.10%	[11],[12],[15]	0.10%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Securonix, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	6.50%	[2],[3],[36]
Par / Units		$ 847,000	[11],[12]	$ 847,000	[2],[3],[36]
Amortized Cost		840,000	[11],[12]	840,000	[2],[3],[36]
Fair Value		$ 818,000	[11],[12]	$ 839,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: Securonix, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28]	6.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(1,000)	[11],[15],[28]	(1,000)	[2],[3],[17],[37]
Fair Value		$ (5,000)	[11],[15],[28]	$ (2,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Sensor Technology Topco, Inc. (dba Humanetics), First lien senior secured EUR term loan
Schedule of Investments [Line Items]
Interest	[22],[59]	6.75%
Par / Units	[22],[59]	$ 12,512,000
Amortized Cost	[22],[59]	12,368,000
Fair Value	[22],[59]	$ 12,418,000
Percentage of Net Assets	[22],[59]	0.20%
Investment, Identifier [Axis]: Sensor Technology Topco, Inc. (dba Humanetics), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%
Par / Units	[12],[22]	$ 63,708,000
Amortized Cost	[12],[22]	63,247,000
Fair Value	[12],[22]	$ 63,230,000
Percentage of Net Assets	[12],[22]	1.10%
Investment, Identifier [Axis]: Sensor Technology Topco, Inc. (dba Humanetics), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[15],[59]	6.75%
Par / Units	[11],[15],[59]	$ 1,152,000
Amortized Cost	[11],[15],[59]	1,112,000
Fair Value	[11],[15],[59]	$ 1,110,000
Percentage of Net Assets	[11],[15],[59]	0.00%
Investment, Identifier [Axis]: Shearer's Foods, LLC, Second lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.75%	[11],[16]	7.75%	[2],[3],[27]
Par / Units		$ 86,400,000	[11],[16]	$ 115,200,000	[2],[3],[27]
Amortized Cost		85,785,000	[11],[16]	114,325,000	[2],[3],[27]
Fair Value		$ 86,400,000	[11],[16]	$ 114,624,000	[2],[3],[27]
Percentage of Net Assets		1.50%	[11],[16]	1.90%	[2],[3],[27]
Investment, Identifier [Axis]: SimpliSafe Holding Corporation, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[15],[28],[29]	6.25%	[2],[3],[17],[34],[37]
Par / Units		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		(6,000)	[11],[15],[28],[29]	(7,000)	[2],[3],[17],[34],[37]
Fair Value		$ 0	[11],[15],[28],[29]	$ (2,000)	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[28],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: SimpliSafe Holding Corporation, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.25%	[2],[3],[30]
Par / Units		$ 6,111,000	[11],[16]	$ 6,142,000	[2],[3],[30]
Amortized Cost		6,007,000	[11],[16]	6,030,000	[2],[3],[30]
Fair Value		$ 6,065,000	[11],[16]	$ 6,065,000	[2],[3],[30]
Percentage of Net Assets		0.10%	[11],[16]	0.10%	[2],[3],[30]
Investment, Identifier [Axis]: Smarsh Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[29],[33]	6.50%	[2],[3],[17],[34],[35]
Par / Units		$ 95,000	[11],[15],[29],[33]	$ 95,000	[2],[3],[17],[34],[35]
Amortized Cost		94,000	[11],[15],[29],[33]	93,000	[2],[3],[17],[34],[35]
Fair Value		$ 94,000	[11],[15],[29],[33]	$ 94,000	[2],[3],[17],[34],[35]
Percentage of Net Assets		0.00%	[11],[15],[29],[33]	0.00%	[2],[3],[17],[34],[35]
Investment, Identifier [Axis]: Smarsh Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[33]	6.50%	[2],[3],[35]
Par / Units		$ 762,000	[11],[33]	$ 762,000	[2],[3],[35]
Amortized Cost		755,000	[11],[33]	755,000	[2],[3],[35]
Fair Value		$ 758,000	[11],[33]	$ 754,000	[2],[3],[35]
Percentage of Net Assets		0.00%	[11],[33]	0.00%	[2],[3],[35]
Investment, Identifier [Axis]: Smarsh Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15]	6.50%	[2],[3],[17]
Par / Units		$ 0	[11],[15]	$ 0	[2],[3],[17]
Amortized Cost		0	[11],[15]	0	[2],[3],[17]
Fair Value		$ 0	[11],[15]	$ 0	[2],[3],[17]
Percentage of Net Assets		0.00%	[11],[15]	0.00%	[2],[3],[17]
Investment, Identifier [Axis]: Sonny's Enterprises LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[36]			6.75%
Par / Units	[2],[3],[36]			$ 229,908,000
Amortized Cost	[2],[3],[36]			226,995,000
Fair Value	[2],[3],[36]			$ 229,908,000
Percentage of Net Assets	[2],[3],[36]			3.90%
Investment, Identifier [Axis]: Sonny's Enterprises LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[37]			6.75%
Par / Units	[2],[3],[17],[37]			$ 0
Amortized Cost	[2],[3],[17],[37]			(186,000)
Fair Value	[2],[3],[17],[37]			$ 0
Percentage of Net Assets	[2],[3],[17],[37]			0.00%
Investment, Identifier [Axis]: Sonny's Enterprises, LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28],[29]	6.75%
Par / Units	[11],[15],[28],[29]	$ 0
Amortized Cost	[11],[15],[28],[29]	(15,000)
Fair Value	[11],[15],[28],[29]	$ (15,000)
Percentage of Net Assets	[11],[15],[28],[29]	0.00%
Investment, Identifier [Axis]: Sonny's Enterprises, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[12],[22]	6.75%
Par / Units	[12],[22]	$ 228,739,000
Amortized Cost	[12],[22]	226,253,000
Fair Value	[12],[22]	$ 225,308,000
Percentage of Net Assets	[12],[22]	3.80%
Investment, Identifier [Axis]: Sonny's Enterprises, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[15],[28]	6.75%
Par / Units	[11],[15],[28]	$ 0
Amortized Cost	[11],[15],[28]	(162,000)
Fair Value	[11],[15],[28]	$ (270,000)
Percentage of Net Assets	[11],[15],[28]	0.00%
Investment, Identifier [Axis]: Sophia, L.P., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.25%		4.25%
Par / Units		$ 19,800,000		$ 19,900,000
Amortized Cost		19,639,000		19,723,000
Fair Value		$ 19,751,000		$ 19,850,000
Percentage of Net Assets		4.70%		6.00%
Investment, Identifier [Axis]: Sovos Brands Intermediate, Inc., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.50%		3.50%
Par / Units		$ 20,724,000		$ 20,724,000
Amortized Cost		20,686,000		20,683,000
Fair Value		$ 20,465,000		$ 20,138,000
Percentage of Net Assets		4.90%		6.10%
Investment, Identifier [Axis]: Sovos Compliance, LLC, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.50%		4.50%
Par / Units		$ 25,390,000		$ 25,518,000
Amortized Cost		25,256,000		25,374,000
Fair Value		$ 24,448,000		$ 23,477,000
Percentage of Net Assets		5.90%		7.10%
Investment, Identifier [Axis]: Space Exploration Technologies Corp., Class A Common Stock
Schedule of Investments [Line Items]
Amortized Cost		$ 2,556,000	[11],[21],[23]	$ 2,557,000	[3],[25],[26]
Fair Value		$ 3,588,000	[11],[21],[23]	$ 3,509,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[11],[21],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: Space Exploration Technologies Corp., Class C Common Stock
Schedule of Investments [Line Items]
Amortized Cost		$ 446,000	[11],[21],[23]	$ 446,000	[3],[25],[26]
Fair Value		$ 721,000	[11],[21],[23]	$ 705,000	[3],[25],[26]
Percentage of Net Assets		0.00%	[11],[21],[23]	0.00%	[3],[25],[26]
Investment, Identifier [Axis]: Spotless Brands, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[12]	6.50%	[2],[3],[36]
Par / Units		$ 48,242,000	[11],[12]	$ 48,592,000	[2],[3],[36]
Amortized Cost		47,395,000	[11],[12]	47,675,000	[2],[3],[36]
Fair Value		$ 47,759,000	[11],[12]	$ 47,621,000	[2],[3],[36]
Percentage of Net Assets		0.80%	[11],[12]	0.80%	[2],[3],[36]
Investment, Identifier [Axis]: Spotless Brands, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28]	6.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(22,000)	[11],[15],[28]	(24,000)	[2],[3],[17],[37]
Fair Value		$ (13,000)	[11],[15],[28]	$ (26,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Spring Education Group, Inc. (fka SSH Group Holdings, Inc.), First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%		4.00%
Par / Units		$ 33,337,000		$ 33,512,000
Amortized Cost		33,303,000		33,470,000
Fair Value		$ 33,039,000		$ 32,646,000
Percentage of Net Assets		7.90%		9.90%
Investment, Identifier [Axis]: Summit Acquisition Inc. (dba K2 Insurance Services), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest	[15],[22],[28],[29]	6.75%
Par / Units	[15],[22],[28],[29]	$ 0
Amortized Cost	[15],[22],[28],[29]	(3,000)
Fair Value	[15],[22],[28],[29]	$ (3,000)
Percentage of Net Assets	[15],[22],[28],[29]	0.00%
Investment, Identifier [Axis]: Summit Acquisition Inc. (dba K2 Insurance Services), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[12],[22]	6.75%
Par / Units	[12],[22]	$ 733,000
Amortized Cost	[12],[22]	712,000
Fair Value	[12],[22]	$ 711,000
Percentage of Net Assets	[12],[22]	0.00%
Investment, Identifier [Axis]: Summit Acquisition Inc. (dba K2 Insurance Services), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[15],[22],[28]	6.75%
Par / Units	[15],[22],[28]	$ 0
Amortized Cost	[15],[22],[28]	(3,000)
Fair Value	[15],[22],[28]	$ (3,000)
Percentage of Net Assets	[15],[22],[28]	0.00%
Investment, Identifier [Axis]: Sunshine Software Holdings, Inc. (dba Cornerstone OnDemand), Series A Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			10.50%
Amortized Cost		$ 45,044,000	[11],[23],[40]	$ 40,538,000	[3],[26],[39]
Fair Value		$ 40,360,000	[11],[23],[40]	$ 37,469,000	[3],[26],[39]
Percentage of Net Assets		0.70%	[11],[23],[40]	0.60%	[3],[26],[39]
Investment, Identifier [Axis]: Swipe Acquisition Corporation (dba PLI)
Schedule of Investments [Line Items]
Fair Value		$ 160,859,000		$ 161,680,000		108,061,000
Investment, Identifier [Axis]: Swipe Acquisition Corporation (dba PLI), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		8.00%	[11],[12],[15],[20],[29]	8.00%	[2],[3],[17],[24],[34],[36]
Par / Units		$ 14,493,000	[11],[12],[15],[20],[29]	$ 14,698,000	[2],[3],[17],[24],[34],[36]
Amortized Cost		14,493,000	[11],[12],[15],[20],[29]	14,698,000	[2],[3],[17],[24],[34],[36]
Fair Value		$ 14,493,000	[11],[12],[15],[20],[29]	$ 14,645,000	[2],[3],[17],[24],[34],[36]
Percentage of Net Assets		0.20%	[11],[12],[15],[20],[29]	0.20%	[2],[3],[17],[24],[34],[36]
Investment, Identifier [Axis]: Swipe Acquisition Corporation (dba PLI), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		8.00%	[11],[12],[20]	8.00%	[2],[3],[24],[30]
Par / Units		$ 48,675,000	[11],[12],[20]	$ 49,360,000	[2],[3],[24],[30]
Amortized Cost		48,373,000	[11],[12],[20]	48,911,000	[2],[3],[24],[30]
Fair Value		$ 48,675,000	[11],[12],[20]	$ 49,236,000	[2],[3],[24],[30]
Percentage of Net Assets		0.80%	[11],[12],[20]	0.80%	[2],[3],[24],[30]
Investment, Identifier [Axis]: Swipe Acquisition Corporation (dba PLI), Letter of Credit
Schedule of Investments [Line Items]
Interest		8.00%	[11],[15],[20]	8.00%	[2],[3],[17],[24]
Par / Units		$ 0	[11],[15],[20]	$ 0	[2],[3],[17],[24]
Amortized Cost		1,000	[11],[15],[20]	2,000	[2],[3],[17],[24]
Fair Value		$ 0	[11],[15],[20]	$ 0	[2],[3],[17],[24]
Percentage of Net Assets		0.00%	[11],[15],[20]	0.00%	[2],[3],[17],[24]
Investment, Identifier [Axis]: THG Acquisition, LLC (dba Hilb), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[16]	5.75%	[2],[3],[27]
Par / Units		$ 74,359,000	[11],[16]	$ 74,744,000	[2],[3],[27]
Amortized Cost		73,342,000	[11],[16]	73,593,000	[2],[3],[27]
Fair Value		$ 73,615,000	[11],[16]	$ 73,810,000	[2],[3],[27]
Percentage of Net Assets		1.20%	[11],[16]	1.30%	[2],[3],[27]
Investment, Identifier [Axis]: THG Acquisition, LLC (dba Hilb), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[16]	5.75%	[2],[3],[17],[37]
Par / Units		$ 1,913,000	[11],[15],[16]	$ 0	[2],[3],[17],[37]
Amortized Cost		1,820,000	[11],[15],[16]	(112,000)	[2],[3],[17],[37]
Fair Value		$ 1,827,000	[11],[15],[16]	$ (108,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Tahoe Finco, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[13],[48]	6.00%	[2],[3],[5],[27]
Par / Units		$ 123,256,000	[11],[13],[48]	$ 123,256,000	[2],[3],[5],[27]
Amortized Cost		122,270,000	[11],[13],[48]	122,199,000	[2],[3],[5],[27]
Fair Value		$ 122,023,000	[11],[13],[48]	$ 121,099,000	[2],[3],[5],[27]
Percentage of Net Assets		2.10%	[11],[13],[48]	2.10%	[2],[3],[5],[27]
Investment, Identifier [Axis]: Tahoe Finco, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[13],[15],[28]	6.00%	[2],[3],[5],[17],[37]
Par / Units		$ 0	[11],[13],[15],[28]	$ 0	[2],[3],[5],[17],[37]
Amortized Cost		(66,000)	[11],[13],[15],[28]	(73,000)	[2],[3],[5],[17],[37]
Fair Value		$ (92,000)	[11],[13],[15],[28]	$ (162,000)	[2],[3],[5],[17],[37]
Percentage of Net Assets		0.00%	[11],[13],[15],[28]	0.00%	[2],[3],[5],[17],[37]
Investment, Identifier [Axis]: Tall Tree Foods, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Par / Units	[12],[15],[54]	$ 4,615,000
Amortized Cost	[12],[15],[54]	3,017,000
Fair Value	[12],[15],[54]	$ 4,015,000
Percentage of Net Assets	[12],[15],[54]	0.10%
Investment, Identifier [Axis]: Tall Tree Foods, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[27]			7.25%
Par / Units		$ 63,065,000	[12],[54]	$ 39,084,000	[2],[27]
Amortized Cost		59,541,000	[12],[54]	39,084,000	[2],[27]
Fair Value		$ 54,867,000	[12],[54]	$ 39,084,000	[2],[27]
Percentage of Net Assets		0.90%	[12],[54]	0.70%	[2],[27]
Investment, Identifier [Axis]: Tamarack Intermediate, L.L.C. (dba Verisk 3E), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[12]	5.75%	[2],[3],[35]
Par / Units		$ 851,000	[11],[12]	$ 855,000	[2],[3],[35]
Amortized Cost		837,000	[11],[12]	840,000	[2],[3],[35]
Fair Value		$ 840,000	[11],[12]	$ 838,000	[2],[3],[35]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[35]
Investment, Identifier [Axis]: Tamarack Intermediate, L.L.C. (dba Verisk 3E), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[12],[15]	5.75%	[2],[3],[17],[30]
Par / Units		$ 23,000	[11],[12],[15]	$ 25,000	[2],[3],[17],[30]
Amortized Cost		21,000	[11],[12],[15]	23,000	[2],[3],[17],[30]
Fair Value		$ 21,000	[11],[12],[15]	$ 22,000	[2],[3],[17],[30]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[30]
Investment, Identifier [Axis]: Tempo Buyer Corp. (dba Global Claims Services), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[15],[28],[29]	5.50%	[2],[3],[17],[34],[37]
Par / Units		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		(2,000)	[11],[15],[28],[29]	(2,000)	[2],[3],[17],[34],[37]
Fair Value		$ (2,000)	[11],[15],[28],[29]	$ (5,000)	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[28],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: Tempo Buyer Corp. (dba Global Claims Services), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12]	5.50%	[2],[3],[14]
Par / Units		$ 1,072,000	[11],[12]	$ 1,078,000	[2],[3],[14]
Amortized Cost		1,055,000	[11],[12]	1,060,000	[2],[3],[14]
Fair Value		$ 1,056,000	[11],[12]	$ 1,051,000	[2],[3],[14]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[14]
Investment, Identifier [Axis]: Tempo Buyer Corp. (dba Global Claims Services), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		4.25%	[11],[15],[32]	4.50%	[2],[3],[17],[64]
Par / Units		$ 58,000	[11],[15],[32]	$ 12,000	[2],[3],[17],[64]
Amortized Cost		56,000	[11],[15],[32]	10,000	[2],[3],[17],[64]
Fair Value		$ 56,000	[11],[15],[32]	$ 8,000	[2],[3],[17],[64]
Percentage of Net Assets		0.00%	[11],[15],[32]	0.00%	[2],[3],[17],[64]
Investment, Identifier [Axis]: The Better Being Co., LLC (fka Nutraceutical International Corporation), First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[16],[32]	7.50%
Par / Units	[11],[16]	$ 188,353,000
Amortized Cost	[11],[16]	186,698,000
Fair Value	[11],[16]	$ 160,571,000
Percentage of Net Assets	[11],[16]	2.70%
Investment, Identifier [Axis]: The Better Being Co., LLC (fka Nutraceutical International Corporation), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[11],[16]	7.50%
Par / Units	[11],[16]	$ 13,803,000
Amortized Cost	[11],[16]	13,712,000
Fair Value	[11],[16]	$ 11,768,000
Percentage of Net Assets	[11],[16]	0.20%
Investment, Identifier [Axis]: The NPD Group, L.P., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[30]			6.25%
Par / Units	[2],[3],[30]			$ 23,717,000
Amortized Cost	[2],[3],[30]			23,252,000
Fair Value	[2],[3],[30]			$ 23,243,000
Percentage of Net Assets	[2],[3],[30]			0.40%
Investment, Identifier [Axis]: The NPD Group, L.P., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest	[2],[3],[17],[30]			5.75%
Par / Units	[2],[3],[17],[30]			$ 181,000
Amortized Cost	[2],[3],[17],[30]			153,000
Fair Value	[2],[3],[17],[30]			$ 151,000
Percentage of Net Assets	[2],[3],[17],[30]			0.00%
Investment, Identifier [Axis]: The Shade Store, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12]	6.00%	[2],[3],[36]
Par / Units		$ 8,955,000	[11],[12]	$ 9,000,000	[2],[3],[36]
Amortized Cost		8,869,000	[11],[12]	8,907,000	[2],[3],[36]
Fair Value		$ 8,575,000	[11],[12]	$ 8,753,000	[2],[3],[36]
Percentage of Net Assets		0.10%	[11],[12]	0.10%	[2],[3],[36]
Investment, Identifier [Axis]: The Shade Store, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12],[15]	6.00%	[2],[3],[17],[36]
Par / Units		$ 473,000	[11],[12],[15]	$ 255,000	[2],[3],[17],[36]
Amortized Cost		465,000	[11],[12],[15]	246,000	[2],[3],[17],[36]
Fair Value		$ 434,000	[11],[12],[15]	$ 230,000	[2],[3],[17],[36]
Percentage of Net Assets		0.00%	[11],[12],[15]	0.00%	[2],[3],[17],[36]
Investment, Identifier [Axis]: Thunder Purchaser, Inc. (dba Vector Solutions), First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12],[15],[29]	5.75%	[2],[3],[14],[17],[34]
Par / Units		$ 3,908,000	[11],[12],[15],[29]	$ 3,928,000	[2],[3],[14],[17],[34]
Amortized Cost		3,875,000	[11],[12],[15],[29]	3,891,000	[2],[3],[14],[17],[34]
Fair Value		$ 3,879,000	[11],[12],[15],[29]	$ 3,779,000	[2],[3],[14],[17],[34]
Percentage of Net Assets		0.10%	[11],[12],[15],[29]	0.10%	[2],[3],[14],[17],[34]
Investment, Identifier [Axis]: Thunder Purchaser, Inc. (dba Vector Solutions), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.75%	[2],[3],[14]
Par / Units		$ 63,825,000	[11],[12]	$ 64,151,000	[2],[3],[14]
Amortized Cost		63,339,000	[11],[12]	63,623,000	[2],[3],[14]
Fair Value		$ 63,347,000	[11],[12]	$ 62,868,000	[2],[3],[14]
Percentage of Net Assets		1.10%	[11],[12]	1.10%	[2],[3],[14]
Investment, Identifier [Axis]: Thunder Purchaser, Inc. (dba Vector Solutions), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12],[15]	5.75%	[2],[3],[14],[17]
Par / Units		$ 3,235,000	[11],[12],[15]	$ 1,316,000	[2],[3],[14],[17]
Amortized Cost		3,209,000	[11],[12],[15]	1,287,000	[2],[3],[14],[17]
Fair Value		$ 3,206,000	[11],[12],[15]	$ 1,239,000	[2],[3],[14],[17]
Percentage of Net Assets		0.10%	[11],[12],[15]	0.00%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Thunder Topco L.P. (dba Vector Solutions), Common Units
Schedule of Investments [Line Items]
Amortized Cost		$ 3,830,000	[21],[22],[23]	$ 3,830,000	[3],[25],[26]
Fair Value		$ 3,922,000	[21],[22],[23]	$ 3,783,000	[3],[25],[26]
Percentage of Net Assets		0.10%	[21],[22],[23]	0.10%	[3],[25],[26]
Investment, Identifier [Axis]: Tivity Health, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[12]	6.00%	[2],[3],[36]
Par / Units		$ 993,000	[11],[12]	$ 998,000	[2],[3],[36]
Amortized Cost		970,000	[11],[12]	974,000	[2],[3],[36]
Fair Value		$ 985,000	[11],[12]	$ 983,000	[2],[3],[36]
Percentage of Net Assets		0.00%	[11],[12]	0.00%	[2],[3],[36]
Investment, Identifier [Axis]: Troon Golf, L.L.C., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.75%	[2],[3],[4]
Par / Units		$ 238,919,000	[11],[12]	$ 280,236,000	[2],[3],[4]
Amortized Cost		238,043,000	[11],[12]	279,111,000	[2],[3],[4]
Fair Value		$ 237,724,000	[11],[12]	$ 280,236,000	[2],[3],[4]
Percentage of Net Assets		4.00%	[11],[12]	4.80%	[2],[3],[4]
Investment, Identifier [Axis]: Troon Golf, L.L.C., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.75%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(67,000)	[11],[15],[28]	(78,000)	[2],[3],[17],[37]
Fair Value		$ (108,000)	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.50%	[2],[3],[14]
Par / Units		$ 38,500,000	[11],[12]	$ 38,696,000	[2],[3],[14]
Amortized Cost		37,938,000	[11],[12]	38,075,000	[2],[3],[14]
Fair Value		$ 38,115,000	[11],[12]	$ 37,922,000	[2],[3],[14]
Percentage of Net Assets		0.60%	[11],[12]	0.60%	[2],[3],[14]
Investment, Identifier [Axis]: USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[28]	5.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(58,000)	[11],[15],[28]	(65,000)	[2],[3],[17],[37]
Fair Value		$ (42,000)	[11],[15],[28]	$ (85,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Ultimate Baked Goods Midco, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[16]	6.50%	[2],[3],[27]
Par / Units		$ 80,823,000	[11],[16]	$ 81,234,000	[2],[3],[27]
Amortized Cost		79,328,000	[11],[16]	79,589,000	[2],[3],[27]
Fair Value		$ 79,813,000	[11],[16]	$ 78,797,000	[2],[3],[27]
Percentage of Net Assets		1.30%	[11],[16]	1.30%	[2],[3],[27]
Investment, Identifier [Axis]: Ultimate Baked Goods Midco, LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.25%	[11],[15],[28]	6.50%	[2],[3],[17],[27]
Par / Units		$ 0	[11],[15],[28]	$ 2,611,000	[2],[3],[17],[27]
Amortized Cost		(171,000)	[11],[15],[28]	2,420,000	[2],[3],[17],[27]
Fair Value		$ (124,000)	[11],[15],[28]	$ 2,312,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: Unified Women's Healthcare, LP, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[15],[29]	5.25%	[2],[3],[17],[34]
Par / Units		$ 0	[11],[15],[29]	$ 0	[2],[3],[17],[34]
Amortized Cost		0	[11],[15],[29]	0	[2],[3],[17],[34]
Fair Value		$ 0	[11],[15],[29]	$ 0	[2],[3],[17],[34]
Percentage of Net Assets		0.00%	[11],[15],[29]	0.00%	[2],[3],[17],[34]
Investment, Identifier [Axis]: Unified Women's Healthcare, LP, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[16]	5.25%	[2],[3],[30]
Par / Units		$ 903,000	[11],[16]	$ 878,000	[2],[3],[30]
Amortized Cost		897,000	[11],[16]	872,000	[2],[3],[30]
Fair Value		$ 903,000	[11],[16]	$ 878,000	[2],[3],[30]
Percentage of Net Assets		0.00%	[11],[16]	0.00%	[2],[3],[30]
Investment, Identifier [Axis]: Unified Women's Healthcare, LP, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.25%	[11],[15],[28]	5.25%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(1,000)	[11],[15],[28]	(1,000)	[2],[3],[17],[37]
Fair Value		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: VEPF Torreys Aggregator, LLC (dba MINDBODY, Inc.), Series A Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			6.00%
Amortized Cost		$ 23,224,000	[22],[23],[40]	$ 22,544,000	[3],[26],[39]
Fair Value		$ 22,992,000	[22],[23],[40]	$ 22,319,000	[3],[26],[39]
Percentage of Net Assets		0.40%	[22],[23],[40]	0.40%	[3],[26],[39]
Investment, Identifier [Axis]: Valcour Packaging, LLC, First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		3.75%		3.75%
Par / Units		$ 6,913,000		$ 6,948,000
Amortized Cost		6,894,000		6,927,000
Fair Value		$ 5,810,000		$ 6,218,000
Percentage of Net Assets		1.40%		1.90%
Investment, Identifier [Axis]: Valence Surface Technologies LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.75%	[11],[12]	7.75%	[2],[3],[36]
Par / Units		$ 132,179,000	[11],[12]	$ 128,074,000	[2],[3],[36]
Amortized Cost		131,491,000	[11],[12]	127,233,000	[2],[3],[36]
Fair Value		$ 105,743,000	[11],[12]	$ 102,459,000	[2],[3],[36]
Percentage of Net Assets		1.80%	[11],[12]	1.70%	[2],[3],[36]
Investment, Identifier [Axis]: Valence Surface Technologies LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		7.75%		7.75%	[2],[3],[17],[36]
Par / Units		$ 10,742,000	[11],[12],[15]	$ 10,408,000	[2],[3],[17],[36]
Amortized Cost		10,692,000	[11],[12],[15]	10,345,000	[2],[3],[17],[36]
Fair Value		$ 8,584,000	[11],[12],[15]	$ 8,316,000	[2],[3],[17],[36]
Percentage of Net Assets		0.10%	[11],[12],[15]	0.10%	[2],[3],[17],[36]
Investment, Identifier [Axis]: Velocity HoldCo III Inc. (dba VelocityEHS), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[12]	5.75%	[2],[3],[4]
Par / Units		$ 21,881,000	[11],[12]	$ 21,992,000	[2],[3],[4]
Amortized Cost		21,541,000	[11],[12]	21,614,000	[2],[3],[4]
Fair Value		$ 21,881,000	[11],[12]	$ 21,992,000	[2],[3],[4]
Percentage of Net Assets		0.40%	[11],[12]	0.40%	[2],[3],[4]
Investment, Identifier [Axis]: Velocity HoldCo III Inc. (dba VelocityEHS), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.75%	[11],[15],[16]	5.75%	[2],[3],[17],[27]
Par / Units		$ 893,000	[11],[15],[16]	$ 268,000	[2],[3],[17],[27]
Amortized Cost		876,000	[11],[15],[16]	248,000	[2],[3],[17],[27]
Fair Value		$ 893,000	[11],[15],[16]	$ 268,000	[2],[3],[17],[27]
Percentage of Net Assets		0.00%	[11],[15],[16]	0.00%	[2],[3],[17],[27]
Investment, Identifier [Axis]: Vermont Aus Pty Ltd, First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12],[13]	5.50%	[2],[3],[5],[36]
Par / Units		$ 988,000	[11],[12],[13]	$ 993,000	[2],[3],[5],[36]
Amortized Cost		967,000	[11],[12],[13]	970,000	[2],[3],[5],[36]
Fair Value		$ 973,000	[11],[12],[13]	$ 968,000	[2],[3],[5],[36]
Percentage of Net Assets		0.00%	[11],[12],[13]	0.00%	[2],[3],[5],[36]
Investment, Identifier [Axis]: WMC Bidco, Inc. (dba West Monroe), Senior Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			11.25%
Amortized Cost		$ 19,704,000	[22],[23],[40]	$ 18,039,000	[3],[26],[39]
Fair Value		$ 18,925,000	[22],[23],[40]	$ 17,230,000	[3],[26],[39]
Percentage of Net Assets		0.30%	[22],[23],[40]	0.30%	[3],[26],[39]
Investment, Identifier [Axis]: WP Irving Co-Invest, L.P., Partnership Units
Schedule of Investments [Line Items]
Amortized Cost		$ 1,250,000	[11],[13],[21],[23]	$ 1,250,000	[3],[5],[25],[26]
Fair Value		$ 1,304,000	[11],[13],[21],[23]	$ 1,250,000	[3],[5],[25],[26]
Percentage of Net Assets		0.00%	[11],[13],[21],[23]	0.00%	[3],[5],[25],[26]
Investment, Identifier [Axis]: WU Holdco, Inc. (dba Weiman Products, LLC), First lien senior secured loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12]	5.50%	[2],[3],[14]
Par / Units		$ 201,822,000	[11],[12]	$ 202,864,000	[2],[3],[14]
Amortized Cost		199,771,000	[11],[12]	200,481,000	[2],[3],[14]
Fair Value		$ 195,262,000	[11],[12]	$ 197,793,000	[2],[3],[14]
Percentage of Net Assets		3.30%	[11],[12]	3.40%	[2],[3],[14]
Investment, Identifier [Axis]: WU Holdco, Inc. (dba Weiman Products, LLC), First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		5.50%	[11],[12],[15]	5.50%	[2],[3],[14],[17]
Par / Units		$ 11,139,000	[11],[12],[15]	$ 9,987,000	[2],[3],[14],[17]
Amortized Cost		11,014,000	[11],[12],[15]	9,826,000	[2],[3],[14],[17]
Fair Value		$ 10,515,000	[11],[12],[15]	$ 9,507,000	[2],[3],[14],[17]
Percentage of Net Assets		0.20%	[11],[12],[15]	0.20%	[2],[3],[14],[17]
Investment, Identifier [Axis]: Walker Edison Furniture Company LLC, First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Amortized Cost	[11],[15],[16],[20],[54]	$ 562,000
Fair Value	[11],[15],[16],[20],[54]	$ 568,000
Percentage of Net Assets	[11],[15],[16],[20],[54]	0.00%
Investment, Identifier [Axis]: Walker Edison Furniture Company LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14],[55]			8.75%
Par / Units	[2],[3],[14],[55]			$ 86,203,000
Amortized Cost		$ 20,667,000	[11],[16],[20],[54]	83,193,000	[2],[3],[14],[55]
Fair Value		$ 21,673,000	[11],[16],[20],[54]	$ 43,963,000	[2],[3],[14],[55]
Percentage of Net Assets		0.40%	[11],[16],[20],[54]	0.70%	[2],[3],[14],[55]
Investment, Identifier [Axis]: Walker Edison Furniture Company LLC, First lien senior secured revolving loan
Schedule of Investments [Line Items]
Amortized Cost	[11],[16],[20],[54]	$ 11,241,000
Fair Value	[11],[16],[20],[54]	$ 11,241,000
Percentage of Net Assets	[11],[16],[20],[54]	0.20%
Investment, Identifier [Axis]: Walker Edison Furniture Company, LLC
Schedule of Investments [Line Items]
Fair Value		$ 54,967,000		$ 0
Investment, Identifier [Axis]: Walker Edison Holdco LLC, Common Units
Schedule of Investments [Line Items]
Amortized Cost	[11],[20],[21],[23]	23,762,000
Fair Value	[11],[20],[21],[23]	$ 21,485,000
Percentage of Net Assets	[11],[20],[21],[23]	0.40%
Investment, Identifier [Axis]: When I Work, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[14]			7.00%
Par / Units		$ 5,384,000	[11],[38]	$ 5,200,000	[2],[3],[14]
Amortized Cost		5,346,000	[11],[38]	5,158,000	[2],[3],[14]
Fair Value		$ 5,290,000	[11],[38]	$ 5,096,000	[2],[3],[14]
Percentage of Net Assets		0.10%	[11],[38]	0.10%	[2],[3],[14]
Investment, Identifier [Axis]: When I Work, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.00%	[11],[15],[28]	6.00%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(7,000)	[11],[15],[28]	(7,000)	[2],[3],[17],[37]
Fair Value		$ (16,000)	[11],[15],[28]	$ (18,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Windows Entities, LLC Units
Schedule of Investments [Line Items]
Amortized Cost		$ 60,319,000	[11],[23],[65]	$ 60,318,000	[3],[26],[66]
Fair Value		$ 131,639,000	[11],[23],[65]	$ 121,419,000	[3],[26],[66]
Percentage of Net Assets		2.20%	[11],[23],[65]	2.10%	[3],[26],[66]
Investment, Identifier [Axis]: Wingspire Capital Holdings LLC
Schedule of Investments [Line Items]
Fair Value		$ 476,530,000		$ 431,531,000		$ 242,163,000
Investment, Identifier [Axis]: Wingspire Capital Holdings LLC, LLC Interest
Schedule of Investments [Line Items]
Amortized Cost	[15],[20],[23],[49]	400,145,000
Fair Value	[15],[20],[23],[49]	$ 476,530,000
Percentage of Net Assets	[15],[20],[23],[49]	8.00%
Investment, Identifier [Axis]: Wingspire Capital Holdings LLC, LLC interest
Schedule of Investments [Line Items]
Amortized Cost	[1],[17],[24],[26]			364,145,000
Fair Value	[1],[17],[24],[26]			$ 431,531,000
Percentage of Net Assets	[1],[17],[24],[26]			7.30%
Investment, Identifier [Axis]: Wrench Group, LLC., First lien senior secured loan | Blue Owl Capital Corporation Senior Loan Fund
Schedule of Investments [Line Items]
Interest		4.00%		4.00%
Par / Units		$ 31,842,000		$ 32,008,000
Amortized Cost		31,748,000		31,898,000
Fair Value		$ 31,458,000		$ 30,890,000
Percentage of Net Assets		7.60%		9.50%
Investment, Identifier [Axis]: Zendesk, Inc., First lien senior secured delayed draw term loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28],[29]	6.50%	[2],[3],[17],[34],[37]
Par / Units		$ 0	[11],[15],[28],[29]	$ 0	[2],[3],[17],[34],[37]
Amortized Cost		(578,000)	[11],[15],[28],[29]	(631,000)	[2],[3],[17],[34],[37]
Fair Value		$ (130,000)	[11],[15],[28],[29]	$ (260,000)	[2],[3],[17],[34],[37]
Percentage of Net Assets		0.00%	[11],[15],[28],[29]	0.00%	[2],[3],[17],[34],[37]
Investment, Identifier [Axis]: Zendesk, Inc., First lien senior secured loan
Schedule of Investments [Line Items]
Interest		7.00%	[12],[22]	6.50%	[2],[3],[36]
Par / Units		$ 70,017,000	[11],[12]	$ 69,409,000	[2],[3],[36]
Amortized Cost		68,737,000	[11],[12]	68,040,000	[2],[3],[36]
Fair Value		$ 68,791,000	[11],[12]	$ 67,674,000	[2],[3],[36]
Percentage of Net Assets		1.20%	[11],[12]	1.20%	[2],[3],[36]
Investment, Identifier [Axis]: Zendesk, Inc., First lien senior secured revolving loan
Schedule of Investments [Line Items]
Interest		6.50%	[11],[15],[28]	6.50%	[2],[3],[17],[37]
Par / Units		$ 0	[11],[15],[28]	$ 0	[2],[3],[17],[37]
Amortized Cost		(128,000)	[11],[15],[28]	(140,000)	[2],[3],[17],[37]
Fair Value		$ (125,000)	[11],[15],[28]	$ (179,000)	[2],[3],[17],[37]
Percentage of Net Assets		0.00%	[11],[15],[28]	0.00%	[2],[3],[17],[37]
Investment, Identifier [Axis]: Zenith Energy U.S. Logistics Holdings, LLC, First lien senior secured loan
Schedule of Investments [Line Items]
Interest	[2],[3],[27]			5.50%
Par / Units	[2],[3],[27]			$ 58,042,000
Amortized Cost	[2],[3],[27]			57,575,000
Fair Value	[2],[3],[27]			$ 58,042,000
Percentage of Net Assets	[2],[3],[27]			1.00%
Investment, Identifier [Axis]: Zoro TopCo, Inc. (dba Zendesk, Inc.), Series A Preferred Stock
Schedule of Investments [Line Items]
Interest	[3],[26],[39]			12.50%
Amortized Cost	[3],[26],[39]			$ 9,220,000
Fair Value	[3],[26],[39]			$ 9,220,000
Percentage of Net Assets	[3],[26],[39]			0.20%
Investment, Identifier [Axis]: Zoro TopCo, Inc., Class A Common Units
Schedule of Investments [Line Items]
Amortized Cost	[21],[22],[23]	$ 7,962,000
Fair Value	[21],[22],[23]	$ 7,962,000
Percentage of Net Assets	[21],[22],[23]	0.10%
Investment, Identifier [Axis]: Zoro TopCo, Inc., Series A Preferred Stock
Schedule of Investments [Line Items]
Amortized Cost	[22],[23],[40]	$ 9,967,000
Fair Value	[22],[23],[40]	$ 10,072,000
Percentage of Net Assets	[22],[23],[40]	0.20%
Investment, Identifier [Axis]: Zoro TopCo, L.P. (dba Zendesk, Inc.), Class A Common Units
Schedule of Investments [Line Items]
Amortized Cost	[3],[25],[26]			$ 7,962,000
Fair Value	[3],[25],[26]			$ 7,962,000
Percentage of Net Assets	[3],[25],[26]			0.10%

[1] Investment is not pledged as collateral for the credit facilities.

[2] Loan contains a variable rate structure and may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the London Interbank Offered Rate (“LIBOR” or “L”, which can include one-, three-, six- or twelve- month LIBOR), Secured Overnight Financing Rate ("SOFR" or "S," which can include one-, three- or six- month SOFR), Euro Interbank Offered Rate (“EURIBOR”), Great Britain Pound London Interbank Offered Rate (“GBPLIBOR” or “G”, which can include three- or six-month GBPLIBOR), SONIA ("SONIA” or "SA") or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.

[3] Represents co-investment made with the Company’s affiliates in accordance with the terms of the exemptive relief that the Company received from the U.S. Securities and Exchange Commission. See Note 3 “Agreements and Related Party Transactions.”

[4] The interest rate on these loans is subject to 6 month LIBOR, which as of December 31, 2022 was 5.14%.

[5] This portfolio company is not a qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of total assets. As of December 31, 2022, non-qualifying assets represented 13.5% of total assets as calculated in accordance with the regulatory requirements.

[6] As of December 31, 2022, the net estimated unrealized loss for U.S. federal income tax purposes was $126.2 million based on a tax cost basis of $13.1 billion. As of December 31, 2022, the estimated aggregate gross unrealized loss for U.S. federal income tax purposes was $382.2 million and the estimated aggregate gross unrealized gain for U.S. federal income tax purposes was $256.0 million.

[7] Certain portfolio company investments are subject to contractual restrictions on sales. Refer to footnote 28 for additional information on our restricted securities.

[8] The amortized cost represents the original cost adjusted for the amortization or accretion of premium or discount , as applicable, on debt investments using the effective interest method.

[9] Unless otherwise indicated, all investments are considered Level 3 investments.

[10] Unless otherwise indicated, the Company’s portfolio companies are pledged as collateral supporting the amounts outstanding under the Revolving Credit Facility, SPV Asset Facilities and CLOs. See Note 6 “Debt”.

[11] Represents co-investment made with the Company’s affiliates in accordance with the terms of the exemptive relief that the Company received from the U.S. Securities and Exchange Commission. See Note 3 “Agreements and Related Party Transactions.”

[12] The interest rate on these loans is subject to 3 month SOFR, which as of June 30, 2023 was 5.27%.

[13] This portfolio company is not a qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of total assets. As of June 30, 2023, non-qualifying assets represented 13.6% of total assets as calculated in accordance with the regulatory requirements.

[14] The interest rate on these loans is subject to 3 month LIBOR, which as of December 31, 2022 was 4.77%.

[15] Position or portion thereof is an unfunded loan or equity commitment. See Note 7 “Commitments and Contingencies”.

[16] The interest rate on these loans is subject to 1 month SOFR, which as of June 30, 2023 was 5.14%.

[17] Position or portion thereof is an unfunded loan or equity commitment. See Note 7 “Commitments and Contingencies”.

[18] In connection with its investment in AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, “Amergin Assetco”) the Company made a minority investment in Amergin Asset Management, LLC which has entered into a Servicing Agreement with Amergin Assetco.

[19] In connection with its investment in AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, “Amergin Assetco”) the Company made a minority investment in Amergin Asset Management, LLC which has entered into a Servicing Agreement with Amergin Assetco.

[20] As defined in the 1940 Act, the Company is deemed to be both an “Affiliated Person” and has “Control” of this portfolio company as the Company owns more than 25% of the portfolio company’s outstanding voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“controlled affiliate”). The Company’s investment in controlled affiliates for the period ended June 30, 2023, were as follows: ($ in thousands)Fair value
as of December 31, 2022Gross Additions
(a)Gross Reductions(b)Change in Unrealized Gains (Losses)Fair value
as of June 30, 2023Interest IncomeDividend IncomeOther IncomeControlled AffiliatesAAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC(d)$— $6,115 $(35)$36 $6,116 $— $— $— AAM Series 2.1 Aviation Feeder, LLC(d)1,568 17,376 — — 18,944 — — — Eagle Infrastructure Super LLC— 109,909 (2)(64)109,843 2,976 — 2 Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)89,680 21,554 — — 111,234 — 1,360 — Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)(c)288,981 75,250 (8,750)8,947 364,428 — 20,659 — PS Operating Company LLC (fka QC Supply, LLC)20,361 24 (168)(384)19,833 963 — 3 Swipe Acquisition Corporation (dba PLI)161,680 147 (890)(78)160,859 4,288 2,669 555 Walker Edison Furniture Company, LLC— 56,042 — (1,075)54,967 — — 18 Wingspire Capital Holdings LLC431,531 53,000 (17,000)8,999 476,530 — 18,000 — Total Controlled Affiliates$993,801 $339,417 $(26,845)$16,381 $1,322,754 $8,227 $42,688 $578  ________________ (a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category. (b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities. (c)For further description of the Company's investment in Blue Owl Capital Corporation Senior Loan Fund (fka ORCC Senior Loan Fund), see Note 4 "Investments." (d)In connection with its investment in AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, “Amergin Assetco”) the Company made a minority investment in Amergin Asset Management, LLC which has entered into a Servicing Agreement with Amergin Assetco.

[21] Investment is non-income producing.

[22] Represents co-investment made with the Company’s affiliates in accordance with the terms of the exemptive relief that the Company received from the U.S. Securities and Exchange Commission. See Note 3 “Agreements and Related Party Transactions.”

[23] Securities acquired in transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”) and may be deemed to be “restricted securities” under the Securities Act. As of June 30, 2023, the aggregate fair value of these securities is $1.9 billion or 31.9% of the Company’s net assets. The acquisition dates of the restricted securities are as follows: Portfolio CompanyInvestmentAcquisition DateAAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC**LLC Interest7/1/2022AAM Series 2.1 Aviation Feeder, LLC**LLC Interest7/1/2022Amergin Asset Management, LLCClass A Units7/1/2022Accelerate topco Holdings, LLCCommon Units9/1/2022ASP Conair Holdings LPClass A Units5/17/2021Associations Finance, Inc.Preferred Stock6/10/2022Windows EntitiesLLC Units1/16/2020BCTO WIW Holdings, Inc. (dba When I Work)Class A Common Stock11/2/2021BEHP Co-Investor II, L.P.LP Interest5/11/2022WP Irving Co-Invest, L.P.Partnership Units5/18/2022Blend Labs, Inc.Warrants7/2/2021Brooklyn Lender Co-Invest 2, L.P. (dba Boomi)Common Units10/1/2021CD&R Value Building Partners I, L.P. (dba Belron)LP Interest12/2/2021Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)**Class A Units7/18/2022 Portfolio CompanyInvestmentAcquisition DateDenali Holding, LP (dba Summit Companies)Class A Units9/15/2021Dodge Construction Network Holdings, LPClass A-2 Common Units2/23/2022Dodge Construction Network Holdings, LPSeries A Preferred Units2/23/2022 Eagle Infrastructure Super LLC**Common Units3/31/2023Elliott Alto Co-Investor Aggregator L.P.LP Interest9/27/2022Picard Holdco, LLCSeries A Preferred Stock9/30/2022Evology, LLCClass B Units1/24/2022Evolution Parent, LP (dba SIAA)LP Interest4/30/2021Gloves Holdings, LP (dba Protective Industrial Products)LP Interest12/29/2020GrowthCurve Capital Sunrise Co-Invest LP (dba Brightway)LP Interest12/16/2021Hercules Buyer, LLC (dba The Vincit Group)Common Units12/15/2020Hissho Sushi Holdings, LLCClass A units5/17/2022Insight CP (Blocker) Holdings, L.P. (dba CivicPlus, LLC)LP Interest6/8/2022Knockout Intermediate Holdings I Inc. (dba Kaseya)Perpetual Preferred Stock6/23/2022KOBHG Holdings, L.P. (dba OB Hospitalist)Class A Interests9/27/2021Maia Aggregator, LPClass A-2 Units2/1/2022H-Food Holdings, LLCLLC Interest11/23/2018LSI Financing 1 DAC**Preferred equity12/14/2022MessageBird Holding B.V.Extended Series C Warrants5/5/2021Metis HoldCo, Inc. (dba Mavis Tire Express Services)Series A Convertible Preferred Stock5/4/2021Minerva Holdco, Inc.Series A Preferred Stock2/15/2022KPCI Holdings, L.P.Class A Units11/30/2020Patriot Holdings SCSp (dba Corza Health, Inc.)Class B Units1/29/2021Patriot Holdings SCSp (dba Corza Health, Inc.)Class A Units1/29/2021PCF Holdco, LLC (dba PCF Insurance Services)Class A Units11/1/2021Project Alpine Co-Invest Fund,
LPLP Interest6/10/2022Project Hotel California Co-Invest Fund, L.P. LP Interest8/9/2022PS Op Holdings LLC (fka QC Supply, LLC)**Class A Common Units12/21/2021Rhea Acquisition Holdings, LPSeries A-2 Units2/18/2022Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)*LLC Interest6/20/2017Space Exploration Technologies Corp.Class A Common Stock3/25/2021Space Exploration Technologies Corp.Class C Common Stock3/25/2021Sunshine Software Holdings, Inc. (dba Cornerstone OnDemand)Series A Preferred Stock10/14/2021New PLI Holdings, LLC (dba PLI)**Class A Common Units12/23/2020Thunder Topco L.P. (dba Vector Solutions)Common Units6/30/2021VEPF Torreys Aggregator, LLC (dba MINDBODY, Inc.)Series A Preferred Stock10/15/2021 Walker Edison Holdco LLC**Common Units3/1/2023Wingspire Capital Holdings LLC**LLC Interest9/24/2019WMC Bidco, Inc. (dba West Monroe)Senior Preferred Stock11/9/2021Zoro TopCo, L.P.Series A Preferred Stock11/22/2022Zoro TopCo, L.P.Class A Common Units11/22/2022 * Refer to Note 4 “Investments – Blue Owl Capital Corporation Senior Loan Fund LLC,” for further information. ** Refer to Note 3 “Agreements and Related Party Transactions – Controlled/Affiliated Portfolio Companies”.

[24] As defined in the 1940 Act, the Company is deemed to be both an “Affiliated Person” and has “Control” of this portfolio company as the Company owns more than 25% of the portfolio company’s outstanding voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“controlled affiliate”). The Company’s investment in controlled affiliates for the period ended December 31, 2022, were as follows: ($ in thousands)Fair value
as of December 31, 2021Gross Additions
(a)Gross Reductions(b)Change in Unrealized Gains (Losses)Fair value
as of December 31, 2022Interest IncomeDividend IncomeOther IncomeControlled Affiliates AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC(d) $— $5 $— $(5)$— $— $— $—  AAM Series 2.1 Aviation Feeder, LLC(d) — 1,574 — (6)1,568 — — — Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)— 89,680 — — 89,680 — 201 —  ORCC Senior Loan Fund LLC (fka Sebago Lake LLC)(c) 247,061 118,125 (49,000)(27,205)288,981 — 33,673 — PS Operating Company LLC (fka QC Supply, LLC)19,495 2,979 (1,444)(669)20,361 1,375 — 9 Swipe Acquisition Corporation (dba PLI)108,061 4,284 (891)50,226 161,680 6,831 6,673 680 Wingspire Capital Holdings LLC242,163 201,107 (35,000)23,261 431,531 — 36,500 — Total Controlled Affiliates$616,780 $417,754 $(86,335)$45,602 $993,801 $8,206 $77,047 $689  ________________ (a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category. (b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities. (c)For further description of the Company's investment in ORCC Senior Loan Fund LLC (fka Sebago Lake LLC), see Note 4 "Investments." (d)In connection with its investment in AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC and AAM Series 2.1 Aviation Feeder, LLC (collectively, “Amergin Assetco”) the Company made a minority investment in Amergin Asset Management, LLC which has entered into a Servicing Agreement with Amergin Assetco.

[25] Investment is non-income producing.

[26] Securities acquired in transactions exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”) and may be deemed to be “restricted securities” under the Securities Act. As of December 31, 2022, the aggregate fair value of these securities is $1.6 billion or27.6% of the Company’s net assets. The acquisition dates of the restricted securities are as follows: Portfolio CompanyInvestmentAcquisition DateAAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC**LLC InterestJuly 1, 2022AAM Series 2.1 Aviation Feeder, LLC**LLC InterestJuly 1, 2022Amergin Asset Management, LLCClass A UnitsJuly 1, 2022Accelerate topco Holdings, LLCCommon UnitsSeptember 1, 2022ASP Conair Holdings LPClass A UnitsMay 17, 2021Associations Finance, Inc.Preferred StockJune 10, 2022Windows EntitiesLLC UnitsJanuary 16, 2020BCTO WIW Holdings, Inc. (dba When I Work)Class A Common StockNovember 2, 2021BEHP Co-Investor II, L.P.LP InterestMay 11, 2022WP Irving Co-Invest, L.P.Partnership UnitsMay 18, 2022Blend Labs, Inc.WarrantsJuly 2, 2021Brooklyn Lender Co-Invest 2, L.P. (dba Boomi)Common UnitsOctober 1, 2021CD&R Value Building Partners I, L.P. (dba Belron)LP InterestDecember 2, 2021Fifth Season Investments LLC (fka Chapford SMA Partnership, L.P.)**Class A UnitsJuly 18, 2022Denali Holding, LP (dba Summit Companies)Class A UnitsSeptember 15, 2021Dodge Construction Network Holdings, LPClass A-2 Common UnitsFebruary 23, 2022Dodge Construction Network Holdings, LPSeries A Preferred UnitsFebruary 23, 2022Elliott Alto Co-Investor Aggregator L.P.LP InterestSeptember 27, 2022Picard Holdco, LLCSeries A Preferred StockSeptember 30, 2022Evology, LLCClass B UnitsJanuary 24, 2022Evolution Parent, LP (dba SIAA)LP InterestApril 30, 2021Gloves Holdings, LP (dba Protective Industrial Products)LP InterestDecember 29, 2020GrowthCurve Capital Sunrise Co-Invest LP (dba Brightway)LP InterestDecember 16, 2021Hercules Buyer, LLC (dba The Vincit Group)Common UnitsDecember 15, 2020Hissho Sushi Holdings, LLCClass A unitsMay 17, 2022Insight CP (Blocker) Holdings, L.P. (dba CivicPlus, LLC)LP InterestJune 8, 2022Knockout Intermediate Holdings I Inc. (dba Kaseya)Perpetual Preferred StockJune 23, 2022KOBHG Holdings, L.P. (dba OB Hospitalist)Class A InterestsSeptember 27, 2021Maia Aggregator, LPClass A-2 UnitsFebruary 1, 2022H-Food Holdings, LLCLLC InterestNovember 23, 2018LSI Financing 1 DAC**Preferred equityDecember 14, 2022MessageBird Holding B.V.Extended Series C WarrantsMay 5, 2021Metis HoldCo, Inc. (dba Mavis Tire Express Services)Series A Convertible Preferred StockMay 4, 2021Minerva Holdco, Inc.Series A Preferred StockFebruary 15, 2022KPCI Holdings, L.P.Class A UnitsNovember 30, 2020Patriot Holdings SCSp (dba Corza Health, Inc.)Class B UnitsJanuary 29, 2021Patriot Holdings SCSp (dba Corza Health, Inc.)Class A UnitsJanuary 29, 2021PCF Holdco, LLC (dba PCF Insurance Services)Class A UnitsNovember 1, 2021Project Alpine Co-Invest Fund,
LPLP InterestJune 10, 2022Project Hotel California Co-Invest Fund, L.P. LP InterestAugust 9, 2022PS Op Holdings LLC (fka QC Supply, LLC)**Class A Common UnitsDecember 21, 2021Rhea Acquisition Holdings, LPSeries A-2 UnitsFebruary 18, 2022Blue Owl Capital Corporation Senior Loan Fund LLC (fka ORCC Senior Loan Fund LLC)*LLC InterestJune 20, 2017Space Exploration Technologies Corp.Class A Common StockMarch 25, 2021Space Exploration Technologies Corp.Class C Common StockMarch 25, 2021Sunshine Software Holdings, Inc. (dba Cornerstone OnDemand)Series A Preferred StockOctober 14, 2021New PLI Holdings, LLC (dba PLI)**Class A Common UnitsDecember 23, 2020 Portfolio CompanyInvestmentAcquisition DateThunder Topco L.P. (dba Vector Solutions)Common UnitsJune 30, 2021VEPF Torreys Aggregator, LLC (dba MINDBODY, Inc.)Series A Preferred StockOctober 15, 2021Wingspire Capital Holdings LLC**LLC InterestSeptember 24, 2019WMC Bidco, Inc. (dba West Monroe)Senior Preferred StockNovember 9, 2021Zoro TopCo, Inc. (dba Zendesk, Inc.)Series A Preferred StockNovember 22, 2022Zoro TopCo, L.P. (dba Zendesk, Inc.)Class A Common UnitsNovember 22, 2022 * Refer to Note 4 “Investments – ORCC Senior Loan Fund LLC,” for further information. ** Refer to Note 3 “Agreements and Related Party Transactions – Controlled/Affiliated Portfolio Companies”.

[27] The interest rate on these loans is subject to 1 month LIBOR, which as of December 31, 2022 was 4.39%.

[28] The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

[29] The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

[30] The interest rate on these loans is subject to 1 month SOFR, which as of December 31, 2022 was 4.36%.

[31] The interest rate on these loans is subject to 6 month LIBOR, which as of June 30, 2023 was 5.76%.

[32] The interest rate on these loans is subject to Prime, which as of June 30, 2023 was 8.25%.

[33] The interest rate on these loans is subject to 6 month SOFR, which as of June 30, 2023 was 5.39%.

[34] The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date.

[35] The interest rate on these loans is subject to 6 month SOFR, which as of December 31, 2022 was 4.78%.

[36] The interest rate on these loans is subject to 3 month SOFR, which as of December 31, 2022 was 4.59%.

[37] The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan.

[38] The interest rate on these loans is subject to 3 month LIBOR, which as of June 30, 2023 was 5.55%.

[39] Contains a fixed-rate structure.

[40] Contains a fixed-rate structure.

[41] Level 2 investment.

[42] Level 2 investment.

[43] The interest rate on this loan is subject to 6 month EURIBOR, which as of June 30, 2023 was 3.90%.

[44] The interest rate on this loan is subject to 6 month EURIBOR, which as of December 31, 2022 was 2.69%.

[45] The interest rate on this loan is subject to 3 month EURIBOR, which as of December 31, 2022 was 2.13%.

[46] The interest rate on this loan is subject to SONIA, which as of June 30, 2023 was 4.93%.

[47] The interest rate on this loan is subject to SONIA, which as of December 31, 2022 was 3.43%.

[48] The interest rate on these loans is subject to 1 month LIBOR, which as of June 30, 2023 was 5.22%.

[49] Investment is not pledged as collateral for the credit facilities.

[50] Level 1 investment.

[51] Level 1 investment.

[52] For further description of the Company's investment in Blue Owl Capital Corporation Senior Loan Fund (fka ORCC Senior Loan Fund), see Note 4 "Investments."

[53] Investment measured at net asset value (“NAV”).

[54] Loan was on non-accrual status as of June 30, 2023.

[55] Loan was on non-accrual status as of December 31, 2022.

[56] As defined in the 1940 Act, the Company is deemed to be an “affiliated person” of this portfolio company as the Company owns more than 5% but less than 25% of the portfolio company's voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“non-controlled affiliate”). Transactions related to investments in non-controlled affiliates for the period ended December 31, 2022 were as follows: ($ in thousands)Fair value
as of December 31, 2021Gross Additions
(a)Gross Reductions(b)Change in Unrealized Gains (Losses)Fair value
as of December 31, 2022Interest IncomeDividend IncomeOther IncomeLSI Financing 1 DAC— 6,224 — (49)6,175 — — — Total Non-Controlled Affiliates$— $6,224 $— $(49)$6,175 $— $— $—  ________________ (a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category. (b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities.

[57] We invest in this portfolio company through underlying blocker entities Hercules Blocker 1 LLC, Hercules Blocker 2 LLC, Hercules Blocker 3 LLC, Hercules Blocker 4 LLC, and Hercules Blocker 5 LLC.

[58] We invest in this portfolio company through underlying blocker entities Hercules Blocker 1 LLC, Hercules Blocker 2 LLC, Hercules Blocker 3 LLC, Hercules Blocker 4 LLC, and Hercules Blocker 5 LLC.

[59] The interest rate on this loan is subject to 3 month EURIBOR, which as of June 30, 2023 was 3.58%.

[60] As defined in the 1940 Act, the Company is deemed to be an “affiliated person” of this portfolio company as the Company owns more than 5% but less than 25% of the portfolio company's voting securities or has the power to exercise control over management or policies of such portfolio company, including through a management agreement (“non-controlled affiliate”). Transactions related to investments in non-controlled affiliates for the period ended June 30, 2023 were as follows: ($ in thousands)Fair value
as of December 31, 2022Gross Additions
(a)Gross Reductions(b)Change in Unrealized Gains (Losses)Fair value
as of June 30, 2023Interest IncomeDividend IncomeOther IncomeLSI Financing 1 DAC6,175 15,045 (1,589)(5)19,626 — 177 — Total Non-Controlled Affiliates$6,175 $15,045 $(1,589)$(5)$19,626 $— $177 $—  ________________ (a)Gross additions may include increases in the cost basis of investments resulting from new investments, amounts related to payment-in-kind (“PIK”) interest capitalized and added to the principal balance of the respective loans, the accretion of discounts, the exchange of one or more existing investments for one or more new investments and the movement at fair value of an existing portfolio company into this controlled affiliated category from a different category. (b)Gross reductions may include decreases in the cost basis of investments resulting from principal collections related to investment repayments and sales, return of capital, the amortization of premiums and the exchange of one or more existing securities for one or more new securities.

[61] The interest rate on this loan is subject to 1 month EURIBOR, which as of June 30, 2023 was 3.40%.

[62] Investment measured at net asset value (“NAV”).

[63] For further description of the Company's investment in ORCC Senior Loan Fund LLC (fka Sebago Lake LLC), see Note 4 "Investments."

[64] The interest rate on these loans is subject to Prime, which as of December 31, 2022 was 7.50%.

[65] Investment represents multiple underlying investments, including Midwest Custom Windows, LLC, Greater Toronto Custom Windows, Corp., Garden State Custom Windows, LLC, Long Island Custom Windows, LLC, Jemico, LLC, Atlanta Custom Windows, LLC and Fairchester Custom Windows. Greater Toronto Custom Windows, Corp. is considered a non-qualifying asset, with a fair value of $9.9 million as of June 30, 2023.

[66] Investment represents multiple underlying investments, including Midwest Custom Windows, LLC, Greater Toronto Custom Windows, Corp., Garden State Custom Windows, LLC, Long Island Custom Windows, LLC, Jemico, LLC, Atlanta Custom Windows, LLC and Fairchester Custom Windows (collectively, “Windows Entities”). Greater Toronto Custom Windows, Corp. is considered a non-qualifying asset, with a fair value of $9.1 million as of December 31, 2022.

XML

Investments - Financial Information for OBDC SLF (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023	Dec. 31, 2022		Mar. 31, 2022	Dec. 31, 2021
Assets
Investments at fair value	$ 12,892,943		$ 12,892,943			$ 13,010,345	[1],[2],[3]
Amortized Cost	12,823,971		12,823,971			13,046,132	[1],[2],[3],[4],[5]
Interest receivable	107,767		107,767			108,085
Prepaid expenses and other assets	5,371		5,371			3,627
Total Assets	13,393,278		13,393,278			13,584,853
Liabilities
Debt	7,027,176		7,027,176			7,281,744
Unamortized debt issuance costs	85,969		85,969			95,647
Distributions payable	128,612		128,612			129,517
Accrued expenses and other liabilities	194,411		194,411			202,793
Total Liabilities	7,444,314		7,444,314			7,702,450
Members' Equity
Members' Equity	5,948,964	$ 5,704,446	5,948,964	$ 5,704,446	$ 5,917,370	5,882,403		$ 5,871,494	$ 5,937,877
Total Liabilities and Net Assets	13,393,278		13,393,278			13,584,853
Investment Income
Total investment income from non-controlled, non-affiliated investments	394,223	273,286	771,845	537,447
Expenses
Interest expense	110,017	67,347	213,972	128,726
Professional fees	4,131	3,406	7,804	7,235
Total Operating Expenses	205,167	146,576	401,544	287,574
Net Investment Income (Loss) Before Taxes	189,056	126,710	370,301	249,873
Tax expense (benefit)	2,380	1,586	5,765	2,394
Net Investment Income (Loss) After Taxes	186,676	125,124	364,536	247,479
Net Realized and Change in Unrealized Gain (Loss) on Investments
Net change in unrealized gain (loss) on investments	8,937	(159,822)	85,542	(242,009)
Net realized gain on investments	(51)	(248)	(52,673)	3,569
Total Net Realized and Change in Unrealized Gain (Loss)	8,886	(160,070)	32,869	(238,440)
Net Increase (Decrease) in Net Assets Resulting from Operations	195,562	(34,946)	397,405	9,039
OBDC Senior Loan Fund
Assets
Investments at fair value	1,098,219		1,098,219			997,385
Amortized Cost	1,123,643		1,123,643			1,033,388
Cash	48,187		48,187			27,914
Interest receivable	7,230		7,230			3,920
Prepaid expenses and other assets	4,736		4,736			6,108
Total Assets	1,158,372		1,158,372			1,035,327
Liabilities
Debt	712,319		712,319			685,265
Unamortized debt issuance costs	5,564		5,564			6,117
Distributions payable	11,900		11,900			11,095
Payable for investments purchased	6,603		6,603			0
Accrued expenses and other liabilities	11,061		11,061			8,703
Total Liabilities	741,883		741,883			705,063
Members' Equity
Members' Equity	416,489		416,489			330,264
Total Liabilities and Net Assets	1,158,372		1,158,372			$ 1,035,327
Investment Income
Interest income	26,866	12,730	50,509	22,742
Other income	66	1,009	130	1,221
Total investment income from non-controlled, non-affiliated investments	26,932	13,739	50,639	23,963
Expenses
Interest expense	12,737	4,816	24,056	7,546
Professional fees	246	198	488	476
Total Operating Expenses	12,983	5,014	24,544	8,022
Net Investment Income (Loss) Before Taxes	13,949	8,725	26,095	15,941
Tax expense (benefit)	482	(722)	1,191	(621)
Net Investment Income (Loss) After Taxes	13,467	9,447	24,904	16,562
Net Realized and Change in Unrealized Gain (Loss) on Investments
Net change in unrealized gain (loss) on investments	1,903	(29,977)	10,578	(34,209)
Net realized gain on investments	(1,668)	1	(1,645)	20
Total Net Realized and Change in Unrealized Gain (Loss)	235	(29,976)	8,933	(34,189)
Net Increase (Decrease) in Net Assets Resulting from Operations	$ 13,702	$ (20,529)	$ 33,837	$ (17,627)

[1] Certain portfolio company investments are subject to contractual restrictions on sales. Refer to footnote 28 for additional information on our restricted securities.

[2] Unless otherwise indicated, all investments are considered Level 3 investments.

[3] Unless otherwise indicated, the Company’s portfolio companies are pledged as collateral supporting the amounts outstanding under the Revolving Credit Facility, SPV Asset Facilities and CLOs. See Note 6 “Debt”.

[4] As of December 31, 2022, the net estimated unrealized loss for U.S. federal income tax purposes was $126.2 million based on a tax cost basis of $13.1 billion. As of December 31, 2022, the estimated aggregate gross unrealized loss for U.S. federal income tax purposes was $382.2 million and the estimated aggregate gross unrealized gain for U.S. federal income tax purposes was $256.0 million.

[5] The amortized cost represents the original cost adjusted for the amortization or accretion of premium or discount , as applicable, on debt investments using the effective interest method.

XML

Fair Value of Investments - Schedule of Fair Value Hierarchy of Investments (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	$ 12,892,943	$ 13,010,345	[1],[2],[3]
First-lien senior secured debt investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	8,898,911	9,279,179
Second-lien senior secured debt investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	1,822,865	1,860,978
Unsecured debt investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	273,372	248,019
Preferred equity investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	400,625	355,261
Common equity investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	1,132,742	977,927
Level 1
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	1,411	816
Level 1 | First-lien senior secured debt investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	0	0
Level 1 | Second-lien senior secured debt investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	0	0
Level 1 | Unsecured debt investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	0	0
Level 1 | Preferred equity investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	0	0
Level 1 | Common equity investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	1,411	816
Level 2
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	143,251	54,271
Level 2 | First-lien senior secured debt investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	12,925	0
Level 2 | Second-lien senior secured debt investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	119,356	43,692
Level 2 | Unsecured debt investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	10,970	10,579
Level 2 | Preferred equity investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	0	0
Level 2 | Common equity investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	0	0
Level 3
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	12,383,853	12,666,277
Level 3 | First-lien senior secured debt investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	8,885,986	9,279,179
Level 3 | Second-lien senior secured debt investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	1,703,509	1,817,286
Level 3 | Unsecured debt investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	262,402	237,440
Level 3 | Preferred equity investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	400,625	355,261
Level 3 | Common equity investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	1,131,331	977,111
Levels 1, Level 2, and Level 3
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	12,528,515	12,721,364
Levels 1, Level 2, and Level 3 | First-lien senior secured debt investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	8,898,911	9,279,179
Levels 1, Level 2, and Level 3 | Second-lien senior secured debt investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	1,822,865	1,860,978
Levels 1, Level 2, and Level 3 | Unsecured debt investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	273,372	248,019
Levels 1, Level 2, and Level 3 | Preferred equity investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	400,625	355,261
Levels 1, Level 2, and Level 3 | Common equity investments
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	1,132,742	977,927
NAV
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]
Total Investments at fair value	$ 364,428	$ 288,981

[1] Certain portfolio company investments are subject to contractual restrictions on sales. Refer to footnote 28 for additional information on our restricted securities.

[2] Unless otherwise indicated, all investments are considered Level 3 investments.

[3] Unless otherwise indicated, the Company’s portfolio companies are pledged as collateral supporting the amounts outstanding under the Revolving Credit Facility, SPV Asset Facilities and CLOs. See Note 6 “Debt”.

XML

Fair Value of Investments - Schedule of Changes in the Fair Value of Investments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
First-lien senior secured debt investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning of period	$ 9,276,243	$ 9,435,175	$ 9,279,179	$ 9,539,774
Purchases of investments, net	219,212	1,625,590	365,149	2,924,093
Payment-in-kind	42,671	27,417	70,253	44,953
Proceeds from investments, net	(643,017)	(1,773,839)	(784,653)	(3,152,864)
Net amortization/accretion of discount/premium on investments	8,168	10,094	15,625	20,281
Transfers between investment types	0		(47,819)
Transfers into (out of) Level 3	(13,005)	0	(13,371)	(514)
Fair value, end of period	8,885,986	9,242,688	8,885,986	9,242,688
First-lien senior secured debt investments | Net change in unrealized gain (loss)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net change in unrealized gain (loss) / realized gains (losses)	(4,404)	(81,700)	53,988	(133,211)
First-lien senior secured debt investments | Net realized gains (losses)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net change in unrealized gain (loss) / realized gains (losses)	118	(49)	(52,365)	176
Second-lien senior secured debt investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning of period	1,761,897	1,780,538	1,817,286	1,921,447
Purchases of investments, net	0	193,947	(10)	300,964
Payment-in-kind	3,924	3,307	7,715	5,741
Proceeds from investments, net	(35,851)	(193,072)	(55,050)	(324,109)
Net amortization/accretion of discount/premium on investments	1,126	844	2,051	1,966
Transfers between investment types	0		0
Transfers into (out of) Level 3	(26,562)	34,545	(73,485)	(66,765)
Fair value, end of period	1,703,509	1,763,979	1,703,509	1,763,979
Second-lien senior secured debt investments | Net change in unrealized gain (loss)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net change in unrealized gain (loss) / realized gains (losses)	(1,025)	(56,130)	5,002	(75,265)
Second-lien senior secured debt investments | Net realized gains (losses)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net change in unrealized gain (loss) / realized gains (losses)	0	0	0	0
Unsecured debt investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning of period	262,191	266,195	237,440	196,485
Purchases of investments, net	0	19,849	0	89,239
Payment-in-kind	5,259	2,916	13,458	8,778
Proceeds from investments, net	0	0	(193)	0
Net amortization/accretion of discount/premium on investments	115	87	229	192
Transfers between investment types	0		0
Transfers into (out of) Level 3	(10,870)	0	0	0
Fair value, end of period	262,402	269,752	262,402	269,752
Unsecured debt investments | Net change in unrealized gain (loss)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net change in unrealized gain (loss) / realized gains (losses)	5,707	(19,295)	11,491	(24,942)
Unsecured debt investments | Net realized gains (losses)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net change in unrealized gain (loss) / realized gains (losses)	0	0	(23)	0
Preferred equity investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning of period	388,592	238,998	355,261	260,869
Purchases of investments, net	1,990	66,943	21,921	73,940
Payment-in-kind	10,094	5,845	21,072	9,431
Proceeds from investments, net	(1,589)	0	(1,590)	(33,693)
Net amortization/accretion of discount/premium on investments	236	177	471	966
Transfers between investment types	0		0
Transfers into (out of) Level 3	0	0	(48)	0
Fair value, end of period	400,625	296,766	400,625	296,766
Preferred equity investments | Net change in unrealized gain (loss)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net change in unrealized gain (loss) / realized gains (losses)	1,302	(15,197)	3,538	(19,229)
Preferred equity investments | Net realized gains (losses)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net change in unrealized gain (loss) / realized gains (losses)	0	0	0	4,482
Common equity investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning of period	1,054,731	645,507	977,111	571,616
Purchases of investments, net	61,122	98,329	98,375	279,427
Payment-in-kind	179	155	342	308
Proceeds from investments, net	0	(25,753)	(12,400)	(128,731)
Net amortization/accretion of discount/premium on investments	0	0	0	0
Transfers between investment types	0		47,819
Transfers into (out of) Level 3	0	0	0	0
Fair value, end of period	1,131,331	730,326	1,131,331	730,326
Common equity investments | Net change in unrealized gain (loss)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net change in unrealized gain (loss) / realized gains (losses)	15,299	12,088	20,084	7,706
Common equity investments | Net realized gains (losses)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net change in unrealized gain (loss) / realized gains (losses)	0	0	0	0
Total
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning of period	12,743,654	12,366,413	12,666,277	12,490,191
Purchases of investments, net	282,324	2,004,658	485,435	3,667,663
Payment-in-kind	62,127	39,640	112,840	69,211
Proceeds from investments, net	(680,457)	(1,992,664)	(853,886)	(3,639,397)
Net amortization/accretion of discount/premium on investments	9,645	11,202	18,376	23,405
Transfers between investment types	0		0
Transfers into (out of) Level 3	(50,437)	34,545	(86,904)	(67,279)
Fair value, end of period	12,383,853	12,303,511	12,383,853	12,303,511
Total | Net change in unrealized gain (loss)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net change in unrealized gain (loss) / realized gains (losses)	16,879	(160,234)	94,103	(244,941)
Total | Net realized gains (losses)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Net change in unrealized gain (loss) / realized gains (losses)	$ 118	$ (49)	$ (52,388)	$ 4,658

XML

Fair Value of Investments - Schedule of Net Change in Unrealized Gains on Investments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net change in unrealized gain (loss)	$ 18,937	$ (151,586)	$ 94,101	$ (240,625)
First-lien senior secured debt investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net change in unrealized gain (loss)	(2,231)	(75,853)	6,169	(126,594)
Second-lien senior secured debt investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net change in unrealized gain (loss)	(1,139)	(53,333)	5,001	(72,553)
Unsecured debt investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net change in unrealized gain (loss)	5,707	(19,293)	11,491	(24,942)
Preferred equity investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net change in unrealized gain (loss)	1,302	(15,197)	3,538	(18,970)
Common equity investments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Net change in unrealized gain (loss)	$ 15,298	$ 12,090	$ 67,902	$ 2,434

XML

Fair Value of Investments - Schedule of Quantitative Information About Significant Unobservable Inputs of Level 3 Investments (Details)	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 12,892,943,000	$ 13,010,345,000	[1],[2],[3]
First-lien senior secured debt investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	8,898,911,000	9,279,179,000
Second-lien senior secured debt investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,822,865,000	1,860,978,000
Unsecured debt investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	273,372,000	248,019,000
Preferred equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	400,625,000	355,261,000
Common equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,132,742,000	977,927,000
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	12,383,853,000	12,666,277,000
Level 3 | First-lien senior secured debt investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	8,885,986,000	9,279,179,000
Level 3 | First-lien senior secured debt investments | Yield Analysis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	7,864,981,000	9,148,610,000
Level 3 | First-lien senior secured debt investments | Recent Transaction
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	962,123,000	86,606,000
Level 3 | First-lien senior secured debt investments | Collateral Analysis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	58,882,000	43,963,000
Level 3 | Second-lien senior secured debt investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,703,509,000	1,817,286,000
Level 3 | Second-lien senior secured debt investments | Yield Analysis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,697,460,000	1,806,340,000
Level 3 | Second-lien senior secured debt investments | Recent Transaction
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value		4,898,000
Level 3 | Second-lien senior secured debt investments | Collateral Analysis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	6,049,000	6,048,000
Level 3 | Unsecured debt investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	262,402,000	237,440,000
Level 3 | Unsecured debt investments | Yield Analysis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	256,630,000	232,280,000
Level 3 | Unsecured debt investments | Market Approach
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	5,772,000	5,160,000
Level 3 | Preferred equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	400,625,000	355,261,000
Level 3 | Preferred equity investments | Yield Analysis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	380,954,000	339,821,000
Level 3 | Preferred equity investments | Recent Transaction
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	19,626,000	15,395,000
Level 3 | Preferred equity investments | Market Approach
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	45,000	45,000
Level 3 | Common equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,131,331,000	977,111,000
Level 3 | Common equity investments | Recent Transaction | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	147,138,000	99,210,000
Level 3 | Common equity investments | Market Approach | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	4,310,000	4,215,000
Level 3 | Common equity investments | Market Approach | EBITDA Multiple
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	945,040,000	848,356,000
Level 3 | Common equity investments | Market Approach | Revenue
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	34,705,000	25,241,000
Level 3 | Common equity investments | Market Approach | Gross Profit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 138,000	$ 89,000
Level 3 | Minimum | First-lien senior secured debt investments | Yield Analysis | Market Yield
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.091	0.082
Level 3 | Minimum | First-lien senior secured debt investments | Recent Transaction | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.970	0.975
Level 3 | Minimum | First-lien senior secured debt investments | Collateral Analysis | Recovery Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.570	0.510
Level 3 | Minimum | Second-lien senior secured debt investments | Yield Analysis | Market Yield
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.128	0.126
Level 3 | Minimum | Second-lien senior secured debt investments | Recent Transaction | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)		0.980
Level 3 | Minimum | Second-lien senior secured debt investments | Collateral Analysis | Recovery Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.095	0.095
Level 3 | Minimum | Unsecured debt investments | Yield Analysis | Market Yield
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.115	0.104
Level 3 | Minimum | Unsecured debt investments | Market Approach | EBITDA Multiple
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	13.0	14.3
Level 3 | Minimum | Preferred equity investments | Yield Analysis | Market Yield
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.115	0.119
Level 3 | Minimum | Preferred equity investments | Recent Transaction | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	1.000	0.965
Level 3 | Minimum | Preferred equity investments | Market Approach | EBITDA Multiple
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	11.3	11.5
Level 3 | Minimum | Common equity investments | Recent Transaction | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	1.000	1
Level 3 | Minimum | Common equity investments | Market Approach | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	77.00	75.31
Level 3 | Minimum | Common equity investments | Market Approach | EBITDA Multiple
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	1.3	1.2
Level 3 | Minimum | Common equity investments | Market Approach | Revenue
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	1.0	0.8
Level 3 | Minimum | Common equity investments | Market Approach | Gross Profit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	10.0	8.5
Level 3 | Maximum | First-lien senior secured debt investments | Yield Analysis | Market Yield
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.272	0.420
Level 3 | Maximum | First-lien senior secured debt investments | Recent Transaction | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.995	0.990
Level 3 | Maximum | First-lien senior secured debt investments | Collateral Analysis | Recovery Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.870	0.510
Level 3 | Maximum | Second-lien senior secured debt investments | Yield Analysis | Market Yield
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.280	0.210
Level 3 | Maximum | Second-lien senior secured debt investments | Recent Transaction | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)		0.980
Level 3 | Maximum | Second-lien senior secured debt investments | Collateral Analysis | Recovery Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.095	0.095
Level 3 | Maximum | Unsecured debt investments | Yield Analysis | Market Yield
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.209	0.202
Level 3 | Maximum | Unsecured debt investments | Market Approach | EBITDA Multiple
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	13.0	14.3
Level 3 | Maximum | Preferred equity investments | Yield Analysis | Market Yield
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.262	0.179
Level 3 | Maximum | Preferred equity investments | Recent Transaction | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	1.000	1.000
Level 3 | Maximum | Preferred equity investments | Market Approach | EBITDA Multiple
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	11.3	11.5
Level 3 | Maximum | Common equity investments | Recent Transaction | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	1.311	1
Level 3 | Maximum | Common equity investments | Market Approach | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	77.00	75.31
Level 3 | Maximum | Common equity investments | Market Approach | EBITDA Multiple
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	20.3	23.3
Level 3 | Maximum | Common equity investments | Market Approach | Revenue
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	15.8	16.6
Level 3 | Maximum | Common equity investments | Market Approach | Gross Profit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	10.0	8.5
Level 3 | Weighted Average | First-lien senior secured debt investments | Yield Analysis | Market Yield
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.133	0.131
Level 3 | Weighted Average | First-lien senior secured debt investments | Recent Transaction | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.991	0.978
Level 3 | Weighted Average | First-lien senior secured debt investments | Collateral Analysis | Recovery Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.850	0.510
Level 3 | Weighted Average | Second-lien senior secured debt investments | Yield Analysis | Market Yield
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.159	0.160
Level 3 | Weighted Average | Second-lien senior secured debt investments | Recent Transaction | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)		0.980
Level 3 | Weighted Average | Second-lien senior secured debt investments | Collateral Analysis | Recovery Rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.095	0.095
Level 3 | Weighted Average | Unsecured debt investments | Yield Analysis | Market Yield
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.135	0.124
Level 3 | Weighted Average | Unsecured debt investments | Market Approach | EBITDA Multiple
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	13.0	14.3
Level 3 | Weighted Average | Preferred equity investments | Yield Analysis | Market Yield
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	0.156	0.141
Level 3 | Weighted Average | Preferred equity investments | Recent Transaction | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	1.000	0.979
Level 3 | Weighted Average | Preferred equity investments | Market Approach | EBITDA Multiple
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	11.3	11.5
Level 3 | Weighted Average | Common equity investments | Recent Transaction | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	1.003	1
Level 3 | Weighted Average | Common equity investments | Market Approach | Transaction Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	77.00	75.31
Level 3 | Weighted Average | Common equity investments | Market Approach | EBITDA Multiple
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	4.7	5.5
Level 3 | Weighted Average | Common equity investments | Market Approach | Revenue
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	10.8	12.2
Level 3 | Weighted Average | Common equity investments | Market Approach | Gross Profit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Range (Weighted Average)	10.0	8.5

[1] Certain portfolio company investments are subject to contractual restrictions on sales. Refer to footnote 28 for additional information on our restricted securities.

[2] Unless otherwise indicated, all investments are considered Level 3 investments.

[3] Unless otherwise indicated, the Company’s portfolio companies are pledged as collateral supporting the amounts outstanding under the Revolving Credit Facility, SPV Asset Facilities and CLOs. See Note 6 “Debt”.

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Fair Value of Investments - Schedule of Carrying and Fair Values of the Company’s Debt Obligations (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Fair value of debt obligations	$ 6,689,063	$ 6,909,235
Debt issuance costs, net	85,969	95,647
Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	7,027,176	7,281,744
Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	6,689,063	6,909,235
Level 1
Debt Instrument [Line Items]
Fair value of debt obligations	0	0
Level 2
Debt Instrument [Line Items]
Fair value of debt obligations	3,724,750	3,679,375
Level 3
Debt Instrument [Line Items]
Fair value of debt obligations	2,964,313	3,229,860
Line of Credit | SPV Asset Facility II
Debt Instrument [Line Items]
Debt issuance costs, net	4,500	4,600
Line of Credit | SPV Asset Facility II | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	135,524	245,368
Line of Credit | SPV Asset Facility II | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	135,524	245,368
Line of Credit | SPV Asset Facility III
Debt Instrument [Line Items]
Debt issuance costs, net		600
Line of Credit | SPV Asset Facility III | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	0	249,372
Line of Credit | SPV Asset Facility III | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	0	249,372
Line of Credit | CLO I
Debt Instrument [Line Items]
Debt issuance costs, net		2,700
Secured Debt | CLO I
Debt Instrument [Line Items]
Debt issuance costs, net	2,500	2,700
Secured Debt | CLO I | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	387,487	387,321
Secured Debt | CLO I | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	387,487	387,321
Secured Debt | CLO II
Debt Instrument [Line Items]
Debt issuance costs, net	2,700	2,800
Secured Debt | CLO II | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	257,347	257,206
Secured Debt | CLO II | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	257,347	257,206
Secured Debt | CLO III
Debt Instrument [Line Items]
Debt issuance costs, net	1,800	1,900
Secured Debt | CLO III | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	258,207	258,145
Secured Debt | CLO III | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	258,207	258,145
Secured Debt | CLO IV
Debt Instrument [Line Items]
Debt issuance costs, net	4,500	4,700
Secured Debt | CLO IV | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	287,987	287,777
Secured Debt | CLO IV | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	287,987	287,777
Secured Debt | CLO V
Debt Instrument [Line Items]
Debt issuance costs, net	2,700	2,800
Secured Debt | CLO V | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	506,889	506,792
Secured Debt | CLO V | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	506,889	506,792
Secured Debt | CLO VI
Debt Instrument [Line Items]
Debt issuance costs, net	1,700	1,700
Secured Debt | CLO VI | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	258,325	258,271
Secured Debt | CLO VI | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	258,325	258,271
Secured Debt | CLO VII
Debt Instrument [Line Items]
Debt issuance costs, net	1,900	2,000
Secured Debt | CLO VII | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	237,238	237,155
Secured Debt | CLO VII | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	237,238	237,155
Secured Debt | CLO X
Debt Instrument [Line Items]
Debt issuance costs, net	1,900
Secured Debt | CLO X | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	258,072	0
Secured Debt | CLO X | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	258,072	0
Unsecured debt | 2024 Notes
Debt Instrument [Line Items]
Debt issuance costs, net	1,800	2,900
Unsecured debt | 2024 Notes | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	388,496	384,851
Unsecured debt | 2024 Notes | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	395,000	395,000
Unsecured debt | 2025 Notes
Debt Instrument [Line Items]
Debt issuance costs, net	3,000	3,800
Unsecured debt | 2025 Notes | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	422,050	421,242
Unsecured debt | 2025 Notes | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	399,500	399,500
Unsecured debt | July 2025 Notes
Debt Instrument [Line Items]
Debt issuance costs, net	3,800	4,700
Unsecured debt | July 2025 Notes | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	496,222	495,347
Unsecured debt | July 2025 Notes | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	462,500	462,500
Unsecured debt | 2026 Notes
Debt Instrument [Line Items]
Debt issuance costs, net	5,800	6,800
Unsecured debt | 2026 Notes | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	494,232	493,162
Unsecured debt | 2026 Notes | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	462,500	461,250
Unsecured debt | July 2026 Notes
Debt Instrument [Line Items]
Debt issuance costs, net	14,700	17,000
Unsecured debt | July 2026 Notes | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	985,271	982,993
Unsecured debt | July 2026 Notes | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	887,500	875,000
Unsecured debt | 2027 Notes
Debt Instrument [Line Items]
Debt issuance costs, net	7,000	7,900
Unsecured debt | 2027 Notes | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	439,434	438,332
Unsecured debt | 2027 Notes | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	425,000	412,500
Unsecured debt | 2028 Notes
Debt Instrument [Line Items]
Debt issuance costs, net	12,800	14,000
Unsecured debt | 2028 Notes | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	837,158	835,957
Unsecured debt | 2028 Notes | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	692,750	673,625
Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Debt issuance costs, net	12,900	14,700
Revolving Credit Facility | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Debt issuance costs, net	12,900	14,700
Revolving Credit Facility | Line of Credit | Revolving Credit Facility | Net Carrying Value
Debt Instrument [Line Items]
Fair value of debt obligations	377,237	542,453
Revolving Credit Facility | Line of Credit | Revolving Credit Facility | Fair Value
Debt Instrument [Line Items]
Fair value of debt obligations	$ 377,237	$ 542,453

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Debt - Narrative (Details)	Jun. 30, 2023	Dec. 31, 2022
Debt Disclosure [Abstract]
Asset coverage ratio	183.00%	179.00%

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Debt - Schedule of Outstanding Debt Obligations (Details) - USD ($)	Jun. 30, 2023	Apr. 17, 2023	Apr. 04, 2023	Mar. 09, 2023	Dec. 31, 2022	Jul. 26, 2022	Apr. 20, 2022	Aug. 17, 2021	Jul. 09, 2021	Jun. 11, 2021	May 05, 2021	Apr. 26, 2021	Apr. 09, 2021	Dec. 08, 2020	Nov. 20, 2020	Jul. 23, 2020	Mar. 26, 2020	Jan. 22, 2020	Oct. 08, 2019	May 28, 2019	Apr. 10, 2019
Debt Instrument [Line Items]
Total Debt	$ 8,691,275,000				$ 8,841,275,000
Outstanding Principal	7,176,450,000				7,443,419,000
Amount Available	1,469,048,000				1,353,057,000
Net Carrying Value	7,027,176,000				7,281,744,000
Unamortized debt issuance costs	85,969,000				95,647,000
Line of credit
Debt Instrument [Line Items]
Outstanding letters of credit	45,800,000				44,800,000
Line of credit | SPV Asset Facility II
Debt Instrument [Line Items]
Aggregate Principal Committed	250,000,000	$ 250,000,000			350,000,000
Outstanding Principal	140,000,000				250,000,000
Amount Available	110,000,000				100,000,000
Net Carrying Value	135,524,000				245,368,000
Unamortized debt issuance costs	4,500,000				4,600,000
Line of credit | SPV Asset Facility III
Debt Instrument [Line Items]
Aggregate Principal Committed				$ 250,000,000	250,000,000
Outstanding Principal					250,000,000
Amount Available					0
Net Carrying Value					249,372,000
Unamortized debt issuance costs					600,000
Line of credit | CLO I
Debt Instrument [Line Items]
Unamortized debt issuance costs					2,700,000
Line of credit | Revolving Credit Facility
Debt Instrument [Line Items]
Unamortized debt issuance costs	12,900,000				14,700,000
Line of credit | Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Aggregate Principal Committed	1,795,000,000		$ 1,860,000,000		1,855,000,000
Outstanding Principal	390,175,000				557,144,000
Amount Available	1,359,048,000				1,253,057,000
Net Carrying Value	377,237,000				542,453,000
Unamortized debt issuance costs	12,900,000				14,700,000
Line of credit | Revolving Credit Facility | SPV Asset Facility II
Debt Instrument [Line Items]
Aggregate Principal Committed		$ 250,000,000
Secured debt | CLO I
Debt Instrument [Line Items]
Aggregate Principal Committed	390,000,000				390,000,000															$ 596,000,000
Outstanding Principal	390,000,000				390,000,000
Net Carrying Value	387,487,000				387,321,000
Unamortized debt issuance costs	2,500,000				2,700,000
Secured debt | CLO II
Debt Instrument [Line Items]
Aggregate Principal Committed	260,000,000				260,000,000								$ 398,100,000
Outstanding Principal	260,000,000				260,000,000
Net Carrying Value	257,347,000				257,206,000
Unamortized debt issuance costs	2,700,000				2,800,000
Secured debt | CLO III
Debt Instrument [Line Items]
Aggregate Principal Committed	260,000,000				260,000,000												$ 395,310,000
Outstanding Principal	260,000,000				260,000,000
Net Carrying Value	258,207,000				258,145,000
Unamortized debt issuance costs	1,800,000				1,900,000
Secured debt | CLO IV
Debt Instrument [Line Items]
Aggregate Principal Committed	292,500,000				292,500,000				$ 440,500,000
Outstanding Principal	292,500,000				292,500,000
Net Carrying Value	287,987,000				287,777,000
Unamortized debt issuance costs	4,500,000				4,700,000
Secured debt | CLO V
Debt Instrument [Line Items]
Aggregate Principal Committed	509,625,000				509,625,000		$ 669,200,000								$ 345,450,000
Outstanding Principal	509,625,000				509,625,000
Net Carrying Value	506,889,000				506,792,000
Unamortized debt issuance costs	2,700,000				2,800,000
Secured debt | CLO VI
Debt Instrument [Line Items]
Aggregate Principal Committed	260,000,000				260,000,000						$ 397,780,000
Outstanding Principal	260,000,000				260,000,000
Net Carrying Value	258,325,000				258,271,000
Unamortized debt issuance costs	1,700,000				1,700,000
Secured debt | CLO VII
Debt Instrument [Line Items]
Aggregate Principal Committed	239,150,000				239,150,000	$ 350,470,000
Outstanding Principal	239,150,000				239,150,000
Net Carrying Value	237,238,000				237,155,000
Unamortized debt issuance costs	1,900,000				2,000,000
Secured debt | CLO X
Debt Instrument [Line Items]
Aggregate Principal Committed	260,000,000			$ 397,700,000
Outstanding Principal	260,000,000
Net Carrying Value	258,072,000
Unamortized debt issuance costs	1,900,000
Unsecured debt investments | 2024 Notes
Debt Instrument [Line Items]
Aggregate Principal Committed	400,000,000				400,000,000																$ 400,000,000
Outstanding Principal	400,000,000				400,000,000
Net Carrying Value	388,496,000				384,851,000
Unamortized debt issuance costs	1,800,000				2,900,000
Unsecured debt investments | 2025 Notes
Debt Instrument [Line Items]
Aggregate Principal Committed	425,000,000				425,000,000														$ 425,000,000
Outstanding Principal	425,000,000				425,000,000
Net Carrying Value	422,050,000				421,242,000
Unamortized debt issuance costs	3,000,000				3,800,000
Unsecured debt investments | July 2025 Notes
Debt Instrument [Line Items]
Aggregate Principal Committed	500,000,000				500,000,000													$ 500,000,000
Outstanding Principal	500,000,000				500,000,000
Net Carrying Value	496,222,000				495,347,000
Unamortized debt issuance costs	3,800,000				4,700,000
Unsecured debt investments | 2026 Notes
Debt Instrument [Line Items]
Aggregate Principal Committed	500,000,000				500,000,000											$ 500,000,000
Outstanding Principal	500,000,000				500,000,000
Net Carrying Value	494,232,000				493,162,000
Unamortized debt issuance costs	5,800,000				6,800,000
Unsecured debt investments | July 2026 Notes
Debt Instrument [Line Items]
Aggregate Principal Committed	1,000,000,000				1,000,000,000									$ 1,000,000,000
Outstanding Principal	1,000,000,000				1,000,000,000
Net Carrying Value	985,271,000				982,993,000
Unamortized debt issuance costs	14,700,000				17,000,000
Unsecured debt investments | 2027 Notes
Debt Instrument [Line Items]
Aggregate Principal Committed	500,000,000				500,000,000							$ 500,000,000
Outstanding Principal	500,000,000				500,000,000
Net Carrying Value	439,434,000				438,332,000
Unamortized debt issuance costs	7,000,000				7,900,000
Unsecured debt investments | 2028 Notes
Debt Instrument [Line Items]
Aggregate Principal Committed	850,000,000				850,000,000			$ 400,000,000		$ 450,000,000
Outstanding Principal	850,000,000				850,000,000
Net Carrying Value	837,158,000				835,957,000
Unamortized debt issuance costs	$ 12,800,000				$ 14,000,000

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Debt - Schedule of Components of Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Debt Disclosure [Abstract]
Interest expense	$ 102,141	$ 58,185	$ 200,468	$ 110,832
Amortization of debt issuance costs	7,562	8,697	14,426	14,807
Net change in unrealized gain (loss) on effective interest rate swaps and hedged items	314	465	(922)	3,087
Total Interest Expense	$ 110,017	$ 67,347	$ 213,972	$ 128,726
Average interest rate	5.40%	3.20%	5.30%	3.10%
Average daily borrowings	$ 7,432,693	$ 7,131,423	$ 7,464,970	$ 7,141,675

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Debt - Revolving Credit Facility (Details) - Line of Credit	Aug. 26, 2022 USD ($)	Jun. 30, 2023 USD ($)	Apr. 04, 2023 USD ($)	Dec. 31, 2022 USD ($)
Revolving Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Aggregate principal committed		$ 1,795,000,000	$ 1,860,000,000	$ 1,855,000,000
Line of credit facility, including the accordion feature	$ 2,800,000,000
Asset coverage ratio, minimum	1.50
Revolving Credit Facility | Extending Commitments
Debt Instrument [Line Items]
Basis spread on variable rate	1.875%
Interest rate term multiplier	160.00%
Revolving Credit Facility | Extending Commitments | Debt Variable Rate Three
Debt Instrument [Line Items]
Basis spread on variable rate	1.75%
Revolving Credit Facility | Extending Commitments | SOFR
Debt Instrument [Line Items]
Basis spread on variable rate	1.875%
Interest rate term multiplier	160.00%
Revolving Credit Facility | Extending Commitments | SOFR | Debt Variable Rate Component One
Debt Instrument [Line Items]
Basis spread on variable rate	1.75%
Revolving Credit Facility | Extending Commitments | Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate	0.875%
Interest rate term multiplier	160.00%
Revolving Credit Facility | Extending Commitments | Base Rate | Debt Variable Rate Component Two
Debt Instrument [Line Items]
Basis spread on variable rate	0.75%
Revolving Credit Facility | Non-Extending Commitments
Debt Instrument [Line Items]
Basis spread on variable rate	2.00%
Fee on unused portion of credit facility	0.375%
Revolving Credit Facility | Non-Extending Commitments | SOFR
Debt Instrument [Line Items]
Basis spread on variable rate	2.00%
Revolving Credit Facility | Non-Extending Commitments | Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate	1.00%
Revolving Credit Facility | March 31, 2023 | Revolving Credit Facility
Debt Instrument [Line Items]
Aggregate principal committed	$ 60,000,000
Revolving Credit Facility | September 3, 2024 | Revolving Credit Facility
Debt Instrument [Line Items]
Aggregate principal committed	15,000,000
Revolving Credit Facility | September 3, 2025 | Revolving Credit Facility
Debt Instrument [Line Items]
Aggregate principal committed	15,000,000
Bridge Loan | Revolving Credit Facility
Debt Instrument [Line Items]
Aggregate principal committed	$ 200,000,000

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Debt - SPV Asset Facilities (Details) - Line of Credit - USD ($)	Apr. 17, 2023	Mar. 09, 2023	Mar. 11, 2022	Aug. 02, 2019	Jun. 30, 2023	Dec. 31, 2022
SPV Asset Facility II
Debt Instrument [Line Items]
Aggregate principal committed	$ 250,000,000				$ 250,000,000	$ 350,000,000
Commitment fee percentage	0.625%
SPV Asset Facility II | Period One | SOFR
Debt Instrument [Line Items]
Basis spread on variable rate	0.40%
SPV Asset Facility II | Period One | SOFR | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate	2.75%
SPV Asset Facility II | Revolving Credit Facility
Debt Instrument [Line Items]
Aggregate principal committed	$ 250,000,000
SPV Asset Facility III
Debt Instrument [Line Items]
Aggregate principal committed		$ 250,000,000				$ 250,000,000
SPV Asset Facility III | Minimum
Debt Instrument [Line Items]
Fee on unused portion of credit facility		0.25%
Undrawn commitment percentage		20.00%
SPV Asset Facility III | Maximum
Debt Instrument [Line Items]
Fee on unused portion of credit facility		0.50%
Undrawn commitment percentage		75.00%
SPV Asset Facility III | SOFR
Debt Instrument [Line Items]
Basis spread on variable rate		2.20%
Basis spread on variable rate, increase per annum (as percent)		0.15%
Increase per annum in event of default occurs		2.00%
SPV Asset Facility IV
Debt Instrument [Line Items]
Aggregate principal committed			$ 250,000,000
SPV Asset Facility IV | Minimum
Debt Instrument [Line Items]
Fee on unused portion of credit facility			0.50%
SPV Asset Facility IV | Maximum
Debt Instrument [Line Items]
Fee on unused portion of credit facility			0.75%
SPV Asset Facility IV | Period One | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate				2.15%
SPV Asset Facility IV | Period One | SOFR
Debt Instrument [Line Items]
Basis spread on variable rate			2.30%
SPV Asset Facility IV | Period Two | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate				2.40%
SPV Asset Facility IV | Period Two | SOFR
Debt Instrument [Line Items]
Basis spread on variable rate			2.55%

XML

Debt - CLOs (Details) - USD ($)										17 Months Ended
	Mar. 09, 2023	Jul. 26, 2022	Apr. 20, 2022	Jul. 09, 2021	May 05, 2021	Apr. 09, 2021	Nov. 20, 2020	Mar. 26, 2020	May 28, 2019	Apr. 20, 2022	Jun. 30, 2023	Dec. 31, 2022
CLO IV Issuer
Debt Instrument [Line Items]
Preferred stock, shares outstanding				148,000
Debt instrument, total redemption price amount				$ 38,900,000
Preferred stock, redemption price per share (in usd per share)				$ 1,000
Preferred equity investments | CLO I Issuer
Debt Instrument [Line Items]
Value of shares issued									$ 206,100,000
Shares issued (in share)									206,106
Issue price (in usd per share)									$ 1,000
Preferred equity investments | CLO II Issuer
Debt Instrument [Line Items]
Shares issued (in share)						1,500
Issue price (in usd per share)						$ 1,000
Preferred stock, shares outstanding						138,100
Value of outstanding preferred shares						$ 138,100,000
Preferred equity investments | CLO III Issuer
Debt Instrument [Line Items]
Value of shares issued								$ 135,310,000
Shares issued (in share)								135,310
Issue price (in usd per share)								$ 1,000
Preferred equity investments | CLO IV Issuer
Debt Instrument [Line Items]
Shares redeemed				38,900
Preferred equity investments | CLO V Issuer
Debt Instrument [Line Items]
Value of shares issued			$ 10,200,000				$ 149,450,000			$ 159,600,000
Shares issued (in share)			159,620				149,450
Issue price (in usd per share)							$ 1,000
Public offering price (in dollars per share)			$ 1,000							$ 1,000
Preferred equity investments | CLO VI Issuer
Debt Instrument [Line Items]
Value of shares issued					$ 137,780,000
Shares issued (in share)					137,775
Issue price (in usd per share)					$ 1,000
Preferred equity investments | CLO VII Issuer
Debt Instrument [Line Items]
Value of shares issued		$ 111,320,000
Shares issued (in share)		111,320
Issue price (in usd per share)		$ 1,000
Preferred equity investments | CLO X Issuer
Debt Instrument [Line Items]
Value of shares issued	$ 137,700,000
Shares issued (in share)	137,700
Issue price (in usd per share)	$ 1,000
Middle market loans | CLO I Issuer
Debt Instrument [Line Items]
Principal amount									$ 575,000,000
Middle market loans | CLO III Issuer
Debt Instrument [Line Items]
Principal amount								$ 400,000,000
Middle market loans | CLO V Issuer
Debt Instrument [Line Items]
Principal amount			$ 275,670,000				$ 201,750,000			$ 275,670,000
Middle market loans | CLO VI Issuer
Debt Instrument [Line Items]
Principal amount					$ 205,600,000
Middle market loans | CLO VII Issuer
Debt Instrument [Line Items]
Principal amount		$ 255,548,000
Middle market loans | CLO X
Debt Instrument [Line Items]
Principal amount	$ 245,900,000
Middle market loans | ORCC Financing II, LLC | CLO V Issuer
Debt Instrument [Line Items]
Principal amount							84,740,000
Middle market loans | ORCC Financing IV, LLC | CLO VI Issuer
Debt Instrument [Line Items]
Principal amount					164,700,000
Middle market loans | ORCC Financing IV, LLC | CLO VII Issuer
Debt Instrument [Line Items]
Principal amount		93,313,000
Middle market loans | ORCC Financing III, LLC | CLO X
Debt Instrument [Line Items]
Principal amount	141,300,000
CLO I | Secured debt
Debt Instrument [Line Items]
Principal amount									596,000,000		$ 390,000,000	$ 390,000,000
CLO I, Class A Notes | Secured debt
Debt Instrument [Line Items]
Principal amount									$ 242,000,000
CLO I, Class A Notes | Secured debt | SOFR
Debt Instrument [Line Items]
Basis spread on variable rate									1.80%
CLO I, Class A-F Notes | Secured debt
Debt Instrument [Line Items]
Principal amount									$ 30,000,000
Interest rate, stated percentage									4.165%
CLO I, Class B Notes | Secured debt
Debt Instrument [Line Items]
Principal amount									$ 68,000,000
CLO I, Class B Notes | Secured debt | SOFR
Debt Instrument [Line Items]
Basis spread on variable rate									2.70%
CLO I, Class A Loans | Secured debt
Debt Instrument [Line Items]
Proceeds from issuance of secured debt									$ 50,000,000
CLO I, Class A Loans | Secured debt | SOFR
Debt Instrument [Line Items]
Basis spread on variable rate									1.80%
CLO II | Secured debt
Debt Instrument [Line Items]
Principal amount						398,100,000					260,000,000	260,000,000
CLO II, Class A-LR Notes | Secured debt
Debt Instrument [Line Items]
Principal amount						$ 204,000,000
CLO II, Class A-LR Notes | Secured debt | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate						1.55%
CLO II, Class A-FR Notes | Secured debt
Debt Instrument [Line Items]
Principal amount						$ 20,000,000
Interest rate, stated percentage						2.48%
CLO II, Class B-R Notes | Secured debt
Debt Instrument [Line Items]
Principal amount						$ 36,000,000
CLO II, Class B-R Notes | Secured debt | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate						1.90%
CLO III | Secured debt
Debt Instrument [Line Items]
Principal amount								395,310,000			260,000,000	260,000,000
CLO III, Class A-1L Notes | Secured debt
Debt Instrument [Line Items]
Principal amount								$ 166,000,000
CLO III, Class A-1L Notes | Secured debt | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate								1.80%
CLO III, Class A-1F Notes | Secured debt
Debt Instrument [Line Items]
Principal amount								$ 40,000,000
Interest rate, stated percentage								2.75%
CLO III, Class A-2 Notes | Secured debt
Debt Instrument [Line Items]
Principal amount								$ 20,000,000
CLO III, Class A-2 Notes | Secured debt | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate								2.00%
CLO III, Class B Notes | Secured debt
Debt Instrument [Line Items]
Principal amount								$ 34,000,000
CLO III, Class B Notes | Secured debt | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate								2.45%
CLO IV | Secured debt
Debt Instrument [Line Items]
Principal amount				$ 440,500,000							292,500,000	292,500,000
CLO IV, Class A-1-R Notes | Secured debt
Debt Instrument [Line Items]
Principal amount				$ 252,000,000
CLO IV, Class A-1-R Notes | Secured debt | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate				1.60%
CLO IV, Class A-2-R Notes | Secured debt
Debt Instrument [Line Items]
Principal amount				$ 40,500,000
CLO IV, Class A-2-R Notes | Secured debt | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate				1.90%
CLO V | Secured debt
Debt Instrument [Line Items]
Principal amount			669,200,000				345,450,000			669,200,000	509,625,000	509,625,000
CLO V, Class A-1 Notes | Secured debt
Debt Instrument [Line Items]
Principal amount							$ 182,000,000
CLO V, Class A-1 Notes | Secured debt | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate							1.85%
CLO V, Class A-2 Notes | Secured debt
Debt Instrument [Line Items]
Principal amount							$ 14,000,000
CLO V, Class A-2 Notes | Secured debt | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate							2.20%
CLO V, Class A-1R Notes | Secured debt
Debt Instrument [Line Items]
Principal amount			$ 354,400,000							354,400,000
CLO V, Class A-1R Notes | Secured debt | Benchmark Rate
Debt Instrument [Line Items]
Basis spread on variable rate			1.78%
CLO V, Class A-2R Notes | Secured debt
Debt Instrument [Line Items]
Principal amount			$ 30,400,000							30,400,000
CLO V, Class A-2R Notes | Secured debt | Benchmark Rate
Debt Instrument [Line Items]
Basis spread on variable rate			1.95%
CLO V, Class B-1 Notes | Secured debt
Debt Instrument [Line Items]
Principal amount			$ 49,000,000							49,000,000
CLO V, Class B-1 Notes | Secured debt | Benchmark Rate
Debt Instrument [Line Items]
Basis spread on variable rate			2.20%
CLO V, Class B-2 Notes | Secured debt
Debt Instrument [Line Items]
Principal amount			$ 5,000,000							$ 5,000,000
Interest rate, stated percentage			4.25%							4.25%
CLO V, Class C-1 Notes | Secured debt
Debt Instrument [Line Items]
Principal amount			$ 31,500,000							$ 31,500,000
CLO V, Class C-1 Notes | Secured debt | Benchmark Rate
Debt Instrument [Line Items]
Basis spread on variable rate			3.15%
CLO V, Class C-2 Notes | Secured debt
Debt Instrument [Line Items]
Principal amount			$ 39,400,000							$ 39,400,000
Interest rate, stated percentage			5.10%							5.10%
CLO VI | Secured debt
Debt Instrument [Line Items]
Principal amount					397,780,000						260,000,000	260,000,000
CLO VI, Class A Notes | Secured debt
Debt Instrument [Line Items]
Principal amount					$ 224,000,000
CLO VI, Class A Notes | Secured debt | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate					1.45%
CLO VI, Class B-1 Notes | Secured debt
Debt Instrument [Line Items]
Principal amount					$ 26,000,000
CLO VI, Class B-1 Notes | Secured debt | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate					1.75%
CLO VI, Class B-F Notes | Secured debt
Debt Instrument [Line Items]
Principal amount					$ 10,000,000
Interest rate, stated percentage					2.83%
CLO VII | Secured debt
Debt Instrument [Line Items]
Principal amount		350,470,000									239,150,000	$ 239,150,000
CLO VII, Class A-1 Notes | Secured debt
Debt Instrument [Line Items]
Principal amount		$ 48,000,000
CLO VII, Class A-1 Notes | Secured debt | SOFR
Debt Instrument [Line Items]
Basis spread on variable rate		2.10%
CLO VII, Class A-2 Notes | Secured debt
Debt Instrument [Line Items]
Principal amount		$ 24,000,000
Interest rate, stated percentage		5.00%
CLO VII, Class B-1 Notes | Secured debt
Debt Instrument [Line Items]
Principal amount		$ 6,000,000
CLO VII, Class B-1 Notes | Secured debt | SOFR
Debt Instrument [Line Items]
Basis spread on variable rate		2.85%
CLO VII, Class B-2 Notes | Secured debt
Debt Instrument [Line Items]
Principal amount		$ 26,150,000
Interest rate, stated percentage		5.71%
CLO VII, Class C Notes | Secured debt
Debt Instrument [Line Items]
Principal amount		$ 10,000,000
Interest rate, stated percentage		6.86%
CLO VII, Class A-L1 Loans | Secured debt
Debt Instrument [Line Items]
Principal amount		$ 75,000,000
CLO VII, Class A-L2 Loans | Secured debt
Debt Instrument [Line Items]
Principal amount		$ 50,000,000
CLO VII, Class A-L1 and A-L2 Loans | Secured debt | SOFR
Debt Instrument [Line Items]
Basis spread on variable rate		2.10%
CLO X | Secured debt
Debt Instrument [Line Items]
Principal amount	397,700,000										$ 260,000,000
CLO X, Class A Notes | Secured debt
Debt Instrument [Line Items]
Principal amount	$ 228,000,000
CLO X, Class A Notes | Secured debt | SOFR
Debt Instrument [Line Items]
Basis spread on variable rate	2.45%
CLO X, Class B Notes | Secured debt
Debt Instrument [Line Items]
Principal amount	$ 32,000,000
CLO X, Class B Notes | Secured debt | SOFR
Debt Instrument [Line Items]
Basis spread on variable rate	3.60%

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Debt - Unsecured Notes (Details) - USD ($)									2 Months Ended	3 Months Ended				6 Months Ended
	Dec. 23, 2021	Nov. 23, 2021	Apr. 26, 2021	Dec. 08, 2020	Jul. 23, 2020	Jan. 22, 2020	Oct. 08, 2019	Apr. 10, 2019	Aug. 17, 2021	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Jun. 11, 2021	Jan. 31, 2018	Dec. 21, 2017
Debt Instrument [Line Items]
Notional amount										$ 900,000,000				$ 900,000,000		$ 900,000,000
2023 Notes | Unsecured debt investments
Debt Instrument [Line Items]
Principal amount		$ 150,000,000																$ 11,500,000	$ 150,000,000
Interest rate, stated percentage																			4.75%
Debt redeemed	$ 150,000,000										$ 0		$ 0
Debt asset coverage (in percentage)	100.00%	100.00%
2023 Notes | Unsecured debt investments | Interest Rate Swap
Debt Instrument [Line Items]
Notional amount																			$ 150,000,000
Fixed interest rate																			4.75%
2023 Notes | Unsecured debt investments | Interest Rate Swap | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate																			2.545%
2023 Notes | Unsecured debt investments | Maximum
Debt Instrument [Line Items]
Interest rate, stated percentage																			5.50%
2023 Notes | Unsecured debt investments
Debt Instrument [Line Items]
Principal amount																			$ 138,500,000
2024 Notes | Unsecured debt investments
Debt Instrument [Line Items]
Principal amount								$ 400,000,000		400,000,000				400,000,000		400,000,000
Interest rate, stated percentage								5.25%
Debt redeemed										9,500,000		$ 4,300,000		9,500,000	$ 4,300,000
Debt asset coverage (in percentage)								100.00%
2024 Notes | Unsecured debt investments | Treasury Rate
Debt Instrument [Line Items]
Basis points								0.0050
2024 Notes | Unsecured debt investments | Interest Rate Swap
Debt Instrument [Line Items]
Notional amount								$ 400,000,000
Fixed interest rate								5.25%
Fair value, net										(9,900,000)				(9,900,000)		(13,100,000)
2024 Notes | Unsecured debt investments | Interest Rate Swap | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate								2.937%
2025 Notes | Unsecured debt investments
Debt Instrument [Line Items]
Principal amount							$ 425,000,000			425,000,000				425,000,000		425,000,000
Interest rate, stated percentage							4.00%
Debt asset coverage (in percentage)							100.00%
2025 Notes | Unsecured debt investments | Treasury Rate
Debt Instrument [Line Items]
Basis points							0.0040
July 2025 Notes | Unsecured debt investments
Debt Instrument [Line Items]
Principal amount						$ 500,000,000				500,000,000				500,000,000		500,000,000
Interest rate, stated percentage						3.75%
Debt asset coverage (in percentage)						100.00%
July 2025 Notes | Unsecured debt investments | Treasury Rate
Debt Instrument [Line Items]
Basis points						35
2026 Notes | Unsecured debt investments
Debt Instrument [Line Items]
Principal amount					$ 500,000,000					500,000,000				500,000,000		500,000,000
Interest rate, stated percentage					4.25%
Debt asset coverage (in percentage)					100.00%
2026 Notes | Unsecured debt investments | Treasury Rate
Debt Instrument [Line Items]
Basis points					0.0050
July 2026 Notes | Unsecured debt investments
Debt Instrument [Line Items]
Principal amount				$ 1,000,000,000						1,000,000,000				1,000,000,000		1,000,000,000
Interest rate, stated percentage				3.40%
Debt asset coverage (in percentage)				100.00%
July 2026 Notes | Unsecured debt investments | Treasury Rate
Debt Instrument [Line Items]
Basis points				0.0050
2027 Notes | Unsecured debt investments
Debt Instrument [Line Items]
Principal amount			$ 500,000,000							500,000,000				500,000,000		500,000,000
Interest rate, stated percentage			2.625%
Debt redeemed										0		$ 0		5,900,000	$ 2,000,000
Debt asset coverage (in percentage)			100.00%
2027 Notes | Unsecured debt investments | Treasury Rate
Debt Instrument [Line Items]
Basis points			0.0030
2027 Notes | Unsecured debt investments | Interest Rate Swap
Debt Instrument [Line Items]
Notional amount			$ 500,000,000
Fixed interest rate			2.625%
Fair value, net										(55,900,000)				(55,900,000)		(56,400,000)
2027 Notes | Unsecured debt investments | Interest Rate Swap | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate			1.655%
2028 Notes | Unsecured debt investments
Debt Instrument [Line Items]
Principal amount									$ 400,000,000	$ 850,000,000				$ 850,000,000		$ 850,000,000	$ 450,000,000
Interest rate, stated percentage									2.875%
Debt asset coverage (in percentage)									100.00%
2028 Notes | Unsecured debt investments | Treasury Rate
Debt Instrument [Line Items]
Basis points									0.0030

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Commitments and Contingencies (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	$ 808,440	$ 926,091
Investment, Identifier [Axis]: 3ES Innovation Inc. (dba Aucerna), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	2,193	2,193
Investment, Identifier [Axis]: AAM Series 1.1 Rail and Domestic Intermodal Feeder, LLC, LLC Interest
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	38,884	45,000
Investment, Identifier [Axis]: AAM Series 2.1 Aviation Feeder, LLC, LLC Interest
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	26,056	43,432
Investment, Identifier [Axis]: ABB/Con-cise Optical Group LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	0	354
Investment, Identifier [Axis]: Accela, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	3,000	3,000
Investment, Identifier [Axis]: Adenza Group, Inc., First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	8,331	8,331
Investment, Identifier [Axis]: Adenza Group, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	18,227	18,227
Investment, Identifier [Axis]: AmSpec Group, Inc. (fka AmSpec Services Inc.), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	7,034	11,388
Investment, Identifier [Axis]: AmeriLife Holdings LLC, First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	61	61
Investment, Identifier [Axis]: AmeriLife Holdings LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	76	91
Investment, Identifier [Axis]: Anaplan, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	9,722	9,722
Investment, Identifier [Axis]: Apex Service Partners, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	50	19
Investment, Identifier [Axis]: Apptio, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	1,945	1,112
Investment, Identifier [Axis]: Aramsco, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	0	6,703
Investment, Identifier [Axis]: Armstrong Bidco Limited (dba The Access Group), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	157	273
Investment, Identifier [Axis]: Ascend Buyer, LLC (dba PPC Flexible Packaging), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	565	565
Investment, Identifier [Axis]: Associations, Inc., First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	17,370	45,792
Investment, Identifier [Axis]: Associations, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	32,923	32,923
Investment, Identifier [Axis]: BCPE Osprey Buyer, Inc. (dba PartsSource), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	28,014	28,014
Investment, Identifier [Axis]: BCPE Osprey Buyer, Inc. (dba PartsSource), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	7,377	11,855
Investment, Identifier [Axis]: BCTO BSI Buyer, Inc. (dba Buildertrend), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	8,036	8,036
Investment, Identifier [Axis]: BP Veraison Buyer, LLC (dba Sun World), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	0	29,054
Investment, Identifier [Axis]: BP Veraison Buyer, LLC (dba Sun World), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	8,716	8,716
Investment, Identifier [Axis]: Bayshore Intermediate #2, L.P. (dba Boomi), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	5,530	4,607
Investment, Identifier [Axis]: Blend Labs, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	7,500	7,500
Investment, Identifier [Axis]: BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	19,291	21,567
Investment, Identifier [Axis]: Brightway Holdings, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	1,579	3,158
Investment, Identifier [Axis]: Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	1,111	1,111
Investment, Identifier [Axis]: Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	79	79
Investment, Identifier [Axis]: Centrify Corporation, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	6,817	0
Investment, Identifier [Axis]: Circana Group, L.P. (fka The NPD Group, L.P.), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	1,389	1,329
Investment, Identifier [Axis]: CivicPlus, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	2,213	2,698
Investment, Identifier [Axis]: Coupa Holdings, LLC, First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	70	0
Investment, Identifier [Axis]: Coupa Holdings, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	54	0
Investment, Identifier [Axis]: Denali BuyerCo, LLC (dba Summit Companies), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	0	1,719
Investment, Identifier [Axis]: Denali BuyerCo, LLC (dba Summit Companies), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	2,998	2,998
Investment, Identifier [Axis]: Diamondback Acquisition, Inc. (dba Sphera), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	1,080	1,080
Investment, Identifier [Axis]: Douglas Products and Packaging Company LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	2,202	2,447
Investment, Identifier [Axis]: EET Buyer, Inc. (dba e-Emphasys), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	455	455
Investment, Identifier [Axis]: Entertainment Benefits Group, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	111	44
Investment, Identifier [Axis]: Evolution BuyerCo, Inc. (dba SIAA), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	10,709	10,709
Investment, Identifier [Axis]: Forescout Technologies, Inc., First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	48,750	48,750
Investment, Identifier [Axis]: Forescout Technologies, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	5,345	5,345
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	0	13
Investment, Identifier [Axis]: Fortis Solutions Group, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	400	400
Investment, Identifier [Axis]: Fullsteam Operations, LLC, First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	0	3,987
Investment, Identifier [Axis]: GI Apple Midco LLC (dba Atlas Technical Consultants), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	159	0
Investment, Identifier [Axis]: GI Apple Midco LLC (dba Atlas Technical Consultants), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	79	0
Investment, Identifier [Axis]: GI Ranger Intermediate, LLC (dba Rectangle Health), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	221	332
Investment, Identifier [Axis]: Gainsight, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	959	3,357
Investment, Identifier [Axis]: Galls, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	17,791	17,192
Investment, Identifier [Axis]: Gaylord Chemical Company, L.L.C., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	13,202	13,202
Investment, Identifier [Axis]: Gerson Lehrman Group, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	10,782	21,563
Investment, Identifier [Axis]: Global Music Rights, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	667	667
Investment, Identifier [Axis]: Granicus, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	819	789
Investment, Identifier [Axis]: H&F Opportunities LUX III S.À R.L (dba Checkmarx), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	16,250	16,250
Investment, Identifier [Axis]: HGH Purchaser, Inc. (dba Horizon Services), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	0	3,824
Investment, Identifier [Axis]: HGH Purchaser, Inc. (dba Horizon Services), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	165	6,520
Investment, Identifier [Axis]: Hercules Borrower, LLC (dba The Vincit Group), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	18,685	18,685
Investment, Identifier [Axis]: Hissho Sushi Merger Sub LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	65	56
Investment, Identifier [Axis]: Hometown Food Company, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	4,235	3,388
Investment, Identifier [Axis]: IG Investments Holdings, LLC (dba Insight Global), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	3,974	2,384
Investment, Identifier [Axis]: Ideal Image Development, LLC, First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	0	1,463
Investment, Identifier [Axis]: Ideal Image Development, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	1,829	1,829
Investment, Identifier [Axis]: Ideal Tridon Holdings, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	0	2,536
Investment, Identifier [Axis]: Indigo Buyer, Inc. (dba Inovar Packaging Group), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	0	250
Investment, Identifier [Axis]: Indigo Buyer, Inc. (dba Inovar Packaging Group), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	83	83
Investment, Identifier [Axis]: Inovalon Holdings, Inc., First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	18,988	18,988
Investment, Identifier [Axis]: Integrity Marketing Acquisition, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	14,832	14,832
Investment, Identifier [Axis]: Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	4,566	0
Investment, Identifier [Axis]: Interoperability Bidco, Inc. (dba Lyniate), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	3,686	1,522
Investment, Identifier [Axis]: Kaseya Inc., First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	1,065	1,134
Investment, Identifier [Axis]: Kaseya Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	851	1,134
Investment, Identifier [Axis]: Lightbeam Bidco, Inc. (dba Lazer Spot), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	595	0
Investment, Identifier [Axis]: Lightbeam Bidco, Inc. (dba Lazer Spot), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	476	26,833
Investment, Identifier [Axis]: Lignetics Investment Corp., First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	0	3,922
Investment, Identifier [Axis]: Lignetics Investment Corp., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	157	1,882
Investment, Identifier [Axis]: Litera Bidco LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	5,738	4,160
Investment, Identifier [Axis]: MHE Intermediate Holdings, LLC (dba OnPoint Group), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	11,496	13,361
Investment, Identifier [Axis]: MINDBODY, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	6,071	6,071
Investment, Identifier [Axis]: Mario Purchaser, LLC (dba Len the Plumber), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	3,729	4,880
Investment, Identifier [Axis]: Mario Purchaser, LLC (dba Len the Plumber), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	1,381	1,381
Investment, Identifier [Axis]: Medline Borrower, LP, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	7,190	7,190
Investment, Identifier [Axis]: Milan Laser Holdings LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	2,078	2,078
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	197	226
Investment, Identifier [Axis]: Ministry Brands Holdings, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	43	34
Investment, Identifier [Axis]: NMI Acquisitionco, Inc. (dba Network Merchants), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	3,077	3,077
Investment, Identifier [Axis]: NMI Acquisitionco, Inc. (dba Network Merchants), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	1,652	1,652
Investment, Identifier [Axis]: National Dentex Labs LLC (fka Barracuda Dental LLC), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	1,873	171
Investment, Identifier [Axis]: Natural Partners, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	68	68
Investment, Identifier [Axis]: Nelipak Holding Company, First lien senior secured EUR revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	5,458	4,481
Investment, Identifier [Axis]: Nelipak Holding Company, First lien senior secured USD revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	6,165	6,299
Investment, Identifier [Axis]: Norvax, LLC (dba GoHealth), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	12,273	12,273
Investment, Identifier [Axis]: Notorious Topco, LLC (dba Beauty Industry Group), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	6,385	6,385
Investment, Identifier [Axis]: Notorious Topco, LLC (dba Beauty Industry Group), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	8,939	7,981
Investment, Identifier [Axis]: OB Hospitalist Group, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	8,483	9,897
Investment, Identifier [Axis]: Ole Smoky Distillery, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	116	116
Investment, Identifier [Axis]: PCF Holdco, LLC (dba PCF Insurance Services), Series A Preferred Units
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	5,825	0
Investment, Identifier [Axis]: PPV Intermediate Holdings, LLC, First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	0	110
Investment, Identifier [Axis]: PPV Intermediate Holdings, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	67	49
Investment, Identifier [Axis]: PS Operating Company LLC (fka QC Supply, LLC), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	1,324	1,159
Investment, Identifier [Axis]: Pacific BidCo Inc., First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	3,436	3,436
Investment, Identifier [Axis]: Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	13,538	10,637
Investment, Identifier [Axis]: Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	6,161	6,161
Investment, Identifier [Axis]: Ping Identity Holding Corp., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	91	91
Investment, Identifier [Axis]: Plasma Buyer LLC (dba PathGroup), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	176	176
Investment, Identifier [Axis]: Plasma Buyer LLC (dba PathGroup), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	76	76
Investment, Identifier [Axis]: Pluralsight, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	3,118	3,118
Investment, Identifier [Axis]: Project Power Buyer, LLC (dba PEC-Veriforce), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	3,188	3,188
Investment, Identifier [Axis]: QAD, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	3,429	3,429
Investment, Identifier [Axis]: Quva Pharma, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	2,160	2,080
Investment, Identifier [Axis]: Relativity ODA LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	7,333	7,333
Investment, Identifier [Axis]: SWK BUYER, Inc. (dba Stonewall Kitchen), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	0	175
Investment, Identifier [Axis]: SWK BUYER, Inc. (dba Stonewall Kitchen), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	5	46
Investment, Identifier [Axis]: SailPoint Technologies Holdings, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	4,358	4,358
Investment, Identifier [Axis]: Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	2,700	1,980
Investment, Identifier [Axis]: Securonix, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	153	153
Investment, Identifier [Axis]: Sensor Technology Topco, Inc. (dba Humanetics), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	4,525	0
Investment, Identifier [Axis]: SimpliSafe Holding Corporation, First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	772	772
Investment, Identifier [Axis]: Smarsh Inc., First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	95	95
Investment, Identifier [Axis]: Smarsh Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	8	48
Investment, Identifier [Axis]: Sonny's Enterprises LLC, First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	1,000	0
Investment, Identifier [Axis]: Sonny's Enterprises LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	17,969	17,969
Investment, Identifier [Axis]: Spotless Brands, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	1,305	1,305
Investment, Identifier [Axis]: Summit Acquisition Inc. (dba K2 Insurance Services), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	178	0
Investment, Identifier [Axis]: Summit Acquisition Inc. (dba K2 Insurance Services), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	89	0
Investment, Identifier [Axis]: Swipe Acquisition Corporation (dba PLI), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	6,228	6,228
Investment, Identifier [Axis]: Swipe Acquisition Corporation (dba PLI), Letter of Credit
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	7,118	7,118
Investment, Identifier [Axis]: THG Acquisition, LLC (dba Hilb), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	6,695	8,608
Investment, Identifier [Axis]: Tahoe Finco, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	9,244	9,244
Investment, Identifier [Axis]: Tall Tree Foods, Inc., First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	1,500	0
Investment, Identifier [Axis]: Tamarack Intermediate, L.L.C. (dba Verisk 3E), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	117	116
Investment, Identifier [Axis]: Tempo Buyer Corp. (dba Global Claims Services), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	308	308
Investment, Identifier [Axis]: Tempo Buyer Corp. (dba Global Claims Services), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	95	141
Investment, Identifier [Axis]: The Shade Store, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	436	655
Investment, Identifier [Axis]: Thunder Purchaser, Inc. (dba Vector Solutions), First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	7,018	7,018
Investment, Identifier [Axis]: Thunder Purchaser, Inc. (dba Vector Solutions), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	603	2,522
Investment, Identifier [Axis]: Troon Golf, L.L.C., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	21,622	21,622
Investment, Identifier [Axis]: USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	4,239	4,239
Investment, Identifier [Axis]: Ultimate Baked Goods Midco, LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	9,946	7,335
Investment, Identifier [Axis]: Unified Women's Healthcare, LP, First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	4	33
Investment, Identifier [Axis]: Unified Women's Healthcare, LP, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	88	88
Investment, Identifier [Axis]: Valence Surface Technologies LLC, First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	49	49
Investment, Identifier [Axis]: Velocity HoldCo III Inc. (dba VelocityEHS), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	447	1,072
Investment, Identifier [Axis]: WU Holdco, Inc. (dba Weiman Products, LLC), First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	8,066	9,219
Investment, Identifier [Axis]: Walker Edison Furniture Company LLC, First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	2,248	0
Investment, Identifier [Axis]: When I Work, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	925	925
Investment, Identifier [Axis]: Wingspire Capital Holdings LLC, LLC Interest
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	49,855	35,855
Investment, Identifier [Axis]: Zendesk, Inc., First lien senior secured delayed draw term loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	17,352	17,352
Investment, Identifier [Axis]: Zendesk, Inc., First lien senior secured revolving loan
Investments in and Advances to Affiliates [Line Items]
Outstanding commitments to fund investments	$ 7,145	$ 7,145

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Commitments and Contingencies - Narrative (Details) - USD ($)				1 Months Ended						3 Months Ended		6 Months Ended		8 Months Ended	12 Months Ended	26 Months Ended
	Nov. 01, 2022	Nov. 02, 2021	Nov. 03, 2020	Jun. 30, 2023	May 31, 2023	Apr. 30, 2023	Mar. 31, 2023	Feb. 28, 2023	Jan. 31, 2023	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2022
Equity, Class of Treasury Stock [Line Items]
Repurchases of common stock												$ 34,058,000	$ 10,015,000
Repurchase of common shares										$ 11,968,000	$ 10,017,000	$ 34,058,000	$ 10,017,000
Repurchase Program 2020
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, authorized amount			$ 100,000,000
Repurchase program term		12 months	12 months
Stock repurchased during period (in shares)															944,076	944,076
Repurchases of common stock															$ 12,600,000	$ 12,600,000
Repurchase Program 2022
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, authorized amount	$ 150,000,000
Repurchase program term	18 months
Stock repurchased during period (in shares)				65,305	190,355	687,545	278,419	29,154	1,493,034			2,743,812		4,090,138
Repurchases of common stock														$ 50,000,000
Repurchase of common shares				$ 900,000	$ 2,400,000	$ 8,700,000	$ 3,500,000	$ 400,000	$ 18,200,000			$ 34,100,000

XML

Net Assets - Narrative (Details) - USD ($)				1 Months Ended						6 Months Ended		8 Months Ended	12 Months Ended	26 Months Ended
	Nov. 01, 2022	Nov. 02, 2021	Nov. 03, 2020	Jun. 30, 2023	May 31, 2023	Apr. 30, 2023	Mar. 31, 2023	Feb. 28, 2023	Jan. 31, 2023	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2022
Equity, Class of Treasury Stock [Line Items]
Common stock, shares authorized (in shares)				500,000,000						500,000,000		500,000,000	500,000,000	500,000,000
Common stock, par value (in usd per share)				$ 0.01						$ 0.01		$ 0.01	$ 0.01	$ 0.01
Repurchases of common stock										$ 34,058,000	$ 10,015,000
Repurchase Program 2020
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, authorized amount			$ 100,000,000
Repurchase program term		12 months	12 months
Stock repurchased during period (in shares)													944,076	944,076
Repurchases of common stock													$ 12,600,000	$ 12,600,000
Repurchase Program 2022
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, authorized amount	$ 150,000,000
Repurchase program term	18 months
Stock repurchased during period (in shares)				65,305	190,355	687,545	278,419	29,154	1,493,034	2,743,812		4,090,138
Repurchases of common stock												$ 50,000,000

XML

Net Assets - Schedule of Distributions Declared on Shares (Details) - $ / shares	May 09, 2023	Feb. 21, 2023	May 04, 2022	Feb. 23, 2022
Equity [Abstract]
Common stock, dividends declared per share (in USD per share)	$ 0.33	$ 0.33	$ 0.31	$ 0.31
Supplemental dividend (in USD per share)	$ 0.06	$ 0.04

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Net Assets - Schedule of Shares Distributed Pursuant to the Dividend Reinvestment Plan (Details) - shares	Jun. 15, 2023	Apr. 14, 2023	Mar. 17, 2023	Jan. 13, 2023	May 15, 2022	Jan. 31, 2022
Equity [Abstract]
Dividend reinvestment plan shares (in shares)		558,872		583,495	830,764	814,084
Dividends share supplemental (in shares)	84,363		77,157

XML

Net Assets - Repurchase Program (Details) - USD ($)	1 Months Ended						3 Months Ended		6 Months Ended		8 Months Ended	12 Months Ended	26 Months Ended
	Jun. 30, 2023	May 31, 2023	Apr. 30, 2023	Mar. 31, 2023	Feb. 28, 2023	Jan. 31, 2023	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2022
Equity, Class of Treasury Stock [Line Items]
Approximate Dollar Value of Shares that have been Purchased Under the Plans							$ 11,968,000	$ 10,017,000	$ 34,058,000	$ 10,017,000
Repurchase Program 2020
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Repurchased (in shares)												944,076	944,076
Repurchase Program 2022
Equity, Class of Treasury Stock [Line Items]
Total Number of Shares Repurchased (in shares)	65,305	190,355	687,545	278,419	29,154	1,493,034			2,743,812		4,090,138
Average price paid per share (in USD per shares)	$ 13.50	$ 12.53	$ 12.65	$ 12.61	$ 12.98	$ 12.19
Approximate Dollar Value of Shares that have been Purchased Under the Plans	$ 900,000	$ 2,400,000	$ 8,700,000	$ 3,500,000	$ 400,000	$ 18,200,000			$ 34,100,000
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plan	$ 100,000,000.0	$ 100,900,000	$ 103,300,000	$ 112,000,000.0	$ 115,500,000	$ 115,900,000	$ 100,000,000.0		$ 100,000,000.0		$ 100,000,000.0

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Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Earnings Per Share [Abstract]
Increase (decrease) in net assets resulting from operations	$ 195,562	$ (34,946)	$ 397,405	$ 9,039
Weighted average shares of common stock outstanding, basic (in shares)	389,930,979	394,184,560	390,487,912	394,246,724
Weighted average shares of common stock outstanding, diluted (in shares)	389,930,979	394,184,560	390,487,912	394,246,724
Earnings per common share, basic (in usd per share)	$ 0.50	$ (0.09)	$ 1.02	$ 0.02
Earnings per common share, diluted (in usd per share)	$ 0.50	$ (0.09)	$ 1.02	$ 0.02

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Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Income Tax Disclosure [Abstract]
U.S. federal income tax expense (benefit)	$ 2,380	$ 1,586	$ 5,765	$ 2,394
U.S. federal excise tax expense (benefit)	1,200		2,700
Tax expense for taxable subsidiaries	500	$ 600	1,000	$ 600
Net deferred tax liability	$ 20,800		$ 20,800		$ 16,000

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Financial Highlights (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Investment Company, Net Assets [Roll Forward]
Net asset value, beginning of period (in usd per share)			$ 14.99	$ 15.08
Net investment income (in usd per share)			0.93	0.63
Net realized and unrealized gain (loss) (in usd per share)			0.09	(0.61)
Total from operations (in usd per share)			1.02	0.02
Repurchase of common shares (in usd per share)			0.01	0
Distributions declared from earnings (in usd per share)			(0.76)	(0.62)
Total increase (decrease) in net assets (in usd per share)			0.27	(0.60)
Net asset value, end of period (in usd per share)	$ 15.26	$ 14.48	$ 15.26	$ 14.48
Shares outstanding, end of period (in shares)	389,732,875	393,823,013	389,732,875	393,823,013		392,476,687
Per share market value at end of period (in usd per share)	$ 13.42	$ 12.33	$ 13.42	$ 12.33
Total Return, based on market value			23.10%	(8.70%)
Total Return, based on net asset value			7.50%	0.40%
Ratio of total expenses to average net assets			13.80%	9.90%
Ratio of net investment income to average net assets			12.30%	8.50%
Net assets, end of period	$ 5,948,964	$ 5,704,446	$ 5,948,964	$ 5,704,446	$ 5,917,370	$ 5,882,403	$ 5,871,494	$ 5,937,877
Weighted average shares outstanding, basic (in shares)	389,930,979	394,184,560	390,487,912	394,246,724
Portfolio turnover rate			1.90%	7.60%

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Subsequent Events (Details) - $ / shares	Aug. 08, 2023	May 09, 2023	Feb. 21, 2023	May 04, 2022	Feb. 23, 2022
Subsequent Event [Line Items]
Common stock, dividends declared per share (in USD per share)		$ 0.33	$ 0.33	$ 0.31	$ 0.31
Supplemental dividend (in USD per share)		$ 0.06	$ 0.04
Subsequent Event
Subsequent Event [Line Items]
Common stock, dividends declared per share (in USD per share)	$ 0.33
Supplemental dividend (in USD per share)	$ 0.07