Transactions with Related Parties (Tables)

9 Months Ended

Sep. 30, 2024

Schedule of Composition of the Company's Incentive Fees

The composition of the Company’s incentive fees was as follows:


	Three months ended September 30,				Nine months ended September 30,
	2024		2023		2024		2023
Part one incentive fees (1)	$	7,614	$	4,419	$	20,205	$	11,663
Part two incentive fees (2)	698		(87)		1,638		(100)
Total incentive fees	$	8,312	$	4,332	$	21,843	$	11,563

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(1)Based on pre-incentive fee net investment income.

(2)Based upon net realized and unrealized gains and losses, or capital gains and losses. The Company accrues, but does not pay, a capital gains incentive fee in connection with any unrealized capital appreciation, as appropriate. If, on a cumulative basis, the sum of net realized gain (loss) plus net unrealized gain (loss) decreases during a period, the Company will reverse any excess capital gains incentive fee previously accrued such that the amount of capital gains incentive fee accrued is no more than 12.5% of the sum of net realized gain (loss) plus net unrealized gain (loss).