XML 47 R37.htm IDEA: XBRL DOCUMENT v3.23.3
Agreements and Related Party Transactions - Additional Information (Details) - USD ($)
3 Months Ended 9 Months Ended
Oct. 14, 2021
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Related Party Transaction [Line Items]            
Management fee annual rate percentage       1.25%    
Accrued distribution and shareholder servicing fees   $ 1,106,000 $ 391,000 $ 2,465,000 $ 665,000  
Pre-incentive fee net investment income returns per quarter percentage on net asset value       1.25%    
Pre-incentive fee net investment income returns per annum percentage on net asset value.       5.00%    
Management fees   9,543,000 5,979,000 $ 24,693,000 14,209,000  
Incentive Fee   11,529,000 5,884,000 30,117,000 10,625,000  
Performance-based incentive fees   11,529,000 5,884,000 30,117,000 10,625,000  
Management fees waived     366,000   8,596,000  
Management and performance-based incentive fees payable   14,901,000   14,901,000   $ 10,451,000
Fee rebates received from affiliates related to Capital Solution services   991,000 2,355,000 1,459,000 5,768,000  
Expense support   0 0 0 4,433,000  
Expense support reimbursement.   1,494,000 0 4,433,000 0  
Investments at fair value   5,287,232,000   5,287,232,000   4,308,892,000
Investment cost   $ 5,303,265,000   $ 5,303,265,000   $ 4,427,510,000
Shares outstanding   131,959,664   131,959,664   92,877,753
Co-Investment Holdings            
Related Party Transaction [Line Items]            
Investment owned, percent of fair value   53.20%   53.20%   39.10%
Investments at fair value   $ 2,813,904,000   $ 2,813,904,000   $ 1,682,724,000
Investment owned percent at cost   52.70%   52.70%   37.80%
Investment cost   $ 2,795,926,000   $ 2,795,926,000   $ 1,672,524,000
Incentive Fee based on Income            
Related Party Transaction [Line Items]            
Percentage of pre-incentive fee net investment income       12.50%    
Catch up pre-incentive fee net investment income returns per quarter percentage on net asset value       1.43%    
Catch up pre-incentive fee net investment income returns per annum percentage on net asset valu       5.72%    
Catch up portion adviser percentage       12.50%    
Catch up Net investment income       $ 1,430    
Incentive Fee based on Income | Minimum            
Related Party Transaction [Line Items]            
Catch up pre-incentive fee net investment income returns per quarter percentage on net asset value       1.43%    
Catch up pre-incentive fee net investment income returns per annum percentage on net asset valu       5.72%    
Incentive Fee based on Income | Maximum            
Related Party Transaction [Line Items]            
Percentage of pre-incentive fee net investment income       100.00%    
Incentive Fee Based on Cumulative Net Realized Gains            
Related Party Transaction [Line Items]            
Percentage of cumulative pre-Incentive fee net return       12.50%    
Management and performance-based incentive fees payable   14,901,000   $ 14,901,000   $ 10,451,000
Incentive Fee from Net Investment Income            
Related Party Transaction [Line Items]            
Incentive Fee   11,529,000 5,884,000 30,117,000 10,625,000  
Performance-based incentive fees   11,529,000 5,884,000 $ 30,117,000 10,625,000  
Incentive fees waived     386,000   5,127,000  
Intermediary Manager Agreement            
Related Party Transaction [Line Items]            
Gross proceeds from primary offering       10.00%    
Aggregate gross proceeds from sale       10.00%    
Escrow Agreement            
Related Party Transaction [Line Items]            
Purchase orders $ 100,000,000          
Class S Shares            
Related Party Transaction [Line Items]            
Accrued distribution and shareholder servicing fees   $ 1,105,000 $ 390,000 $ 2,462,000 $ 664,000  
Shareholder servicing and or distribution fee percent of net asset value       0.85%    
Shares outstanding   23,760,595 [1] 9,004,550 [1] 23,760,595 [1] 9,004,550 [1] 10,827,739
Class S Shares | Intermediary Manager Agreement            
Related Party Transaction [Line Items]            
Shareholder servicing and or distribution fee percent of net asset value       0.85%    
Class D Shares            
Related Party Transaction [Line Items]            
Accrued distribution and shareholder servicing fees   $ 1,000 $ 1,000 $ 3,000 $ 1,000  
Shareholder servicing and or distribution fee percent of net asset value       0.25%    
Shares outstanding   199,307 [2] 120,735 [2] 199,307 [2] 120,735 [2] 106,943
Class D Shares | Intermediary Manager Agreement            
Related Party Transaction [Line Items]            
Shareholder servicing and or distribution fee percent of net asset value       0.25%    
Class I Shares            
Related Party Transaction [Line Items]            
Shareholder servicing and or distribution fee percent of net asset value       0.00%    
Shares outstanding   107,999,762 [3] 76,172,677 [3] 107,999,762 [3] 76,172,677 [3] 81,943,071
Class I Shares | Intermediary Manager Agreement            
Related Party Transaction [Line Items]            
Shareholder servicing and or distribution fee percent of net asset value       0.00%    
Investment Advisory Agreement            
Related Party Transaction [Line Items]            
Agreement effective term       2 years    
Agreement termination description       The Company may terminate the Advisory Agreement, without payment of any penalty, upon 60 days’ written notice    
[1] Class S shares were first issued on February 1, 2022.
[2] Class D shares were first issued on July 1, 2022.
[3] Class I shares were first issued on January 7, 2022 (commencement of operations).