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Commitment Type Revolver Commitment Expiration Date 1/9/20282024-03-310001849894Investments Investments - non-controlled/non-affiliated Preferred Equity Consumer goods: Non-durable Protective Industrial Products Inc. - Series A Preferred Interest Rate 13.00% PIK2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Cargo Boasso Global - Delayed Draw Term Loan Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.07% Maturity Date 10/3/20242024-01-012024-03-310001849894ck0001849894:ThreeMonthSecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberck0001849894:RepurchaseObligationsMemberck0001849894:MacquarieBankLimitedMember2024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Services: Business2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Bayer Environmental Services Reference Rate and Spread S + 4.38% Interest Rate Floor 0.50% Interest Rate 9.71% Maturity Date 10/4/20292024-03-310001849894us-gaap:FairValueInputsLevel3Member2024-01-012024-03-310001849894ck0001849894:MarchTwentyEightTwoThousandTwentyFourMember2024-01-012024-03-310001849894ck0001849894:NonControlledNonAffiliatedInvestmentsMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Consumer2023-12-310001849894ck0001849894:TelecommunicationsMember2023-12-310001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:ValuationTechniqueRecentTransactionMemberck0001849894:MeasurementInputTransactionPriceMembersrt:WeightedAverageMember2023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt LJ Perimeter Buyer, Inc Commitment Type Delayed Draw Commitment Expiration Date 10/31/20282024-01-012024-03-310001849894us-gaap:AdditionalPaidInCapitalMember2024-01-012024-03-310001849894us-gaap:InvestmentAffiliatedIssuerMember2023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Energy: Oil & Gas CITGO Petroleum Corp. Interest Rate 6.38% Maturity Date 6/15/20262023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Bayer Environmental Services Reference Rate and Spread S + 4.38% Interest Rate Floor 0.50% Interest Rate 9.77% Maturity Date 10/4/20292023-01-012023-12-310001849894ck0001849894:DecemberTwentyEightTwoThousandTwentyThreeMember2024-01-012024-03-310001849894us-gaap:FairValueInputsLevel3Memberck0001849894:PreferredEquityMember2024-01-012024-03-310001849894srt:MaximumMemberck0001849894:AdvisoryAgreementMember2024-01-012024-03-3100018498942023-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Consumer Virgin Atlantic Reference Rate and Spread L + 3.25% Interest Rate Floor 0.00% Interest Rate 8.83% Maturity Date 11/17/20262024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Press Ganey Holdings Reference Rate and Spread S + 3.61% Interest Rate Floor 0.00% Interest Rate 8.94% Maturity Date 7/24/20262024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Consumer Beacon Mobility Corp. - Delayed Draw Term Loan Reference Rate and Spread S + 8.60% Interest Rate Floor 0.00% Interest Rate 13.98% Maturity Date 12/31/20252023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt High Tech Industries Alteryx, Inc. Reference Rate and Spread S + 6.50% Interest Rate Floor 0.75% Interest Rate 11.83% Maturity Date 3/18/20312024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Sandlot Baseball Borrower Co. Commitment Type Delayed Draw Commitment Expiration Date 12/27/20282024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications Maxar Technologies Inc. - Revolving Credit Facility Reference Rate and Spread S + 7.25% Interest Rate Floor 1.00% Interest Rate 12.56% Maturity Date 5/3/20292024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Systems Planning and Analysis, Inc. - Delayed Draw Term Loan Reference Rate and Spread S + 6.15% Interest Rate Floor 0.00% Interest Rate 11.33% Maturity Date 8/16/20272023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business DISA Holdings Corp. - Delayed Draw Term Loan Reference Rate and Spread S + 5.00% Interest Rate Floor 0.50% Interest Rate 10.30% Maturity Date 9/9/20282024-03-310001849894ck0001849894:AdvisoryAgreementMemberck0001849894:AdviserMember2023-01-012023-03-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Services: Consumer Midwest Veterinary Partners LLC Reference Rate and Spread S + 7.60% Interest Rate Floor 0.75% Interest Rate 12.96% Maturity Date 4/26/20292023-01-012023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt PetVet Care Centers Commitment Type Revolver Commitment Expiration Date 11/15/20292024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Trillium FlowControl Reference Rate and Spread S + 5.76% Interest Rate Floor 1.00% Interest Rate 11.11% Maturity Date 6/28/20262023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure Sandlot Baseball Borrower Co. Reference Rate and Spread S + 5.75% Interest Rate Floor 1.00% Interest Rate 11.06% Maturity Date 12/27/20282024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Chemicals, Plastics & Rubber Dubois Chemicals Group Inc. Reference Rate and Spread S + 4.60% Interest Rate Floor 0.00% Interest Rate 9.93% Maturity Date 9/30/20262024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Highgate Hotels, L.P. Commitment Type Revolver Commitment Expiration Date 10/26/20292024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Hotel Equities Group, LLC Commitment Type Revolver Commitment Expiration Date 1/22/20292024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Wholesale DFS Holdings Company, Inc. - Delayed Draw Term Loan Reference Rate and Spread S + 7.10% Interest Rate Floor 0.75% Interest Rate 12.46% Maturity Date 1/31/20292023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications Maxar Technologies Inc. Reference Rate and Spread S + 7.25% Interest Rate Floor 1.00% Interest Rate 12.56% Maturity Date 5/3/20302024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Highgate Hotels, L.P. Commitment Type Revolver Commitment Expiration Date 10/26/20292023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Momentive Global Commitment Type Revolver Commitment Expiration Date 5/31/20292023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure Hotel Equities Group, LLC - Revolving Credit Facility Reference Rate and Spread S + 5.75% Interest Rate Floor 2.00% Interest Rate 11.09% Maturity Date 1/22/20292024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate2024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Systems Planning and Analysis, Inc. Commitment Type Delayed Draw Commitment Expiration Date 8/16/20272024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Circor International, Inc. Reference Rate and Spread S + 6.00% Interest Rate Floor 1.00% Interest Rate 11.40% Maturity Date 10/18/20302023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Retail Xponential Fitness LLC Reference Rate and Spread S + 6.76% Interest Rate Floor 1.00% Interest Rate 12.14% Maturity Date 2/28/20252023-01-012023-12-310001849894ck0001849894:SecondLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:MeasurementInputMarketYieldDiscountRateMemberck0001849894:ValuationTechniqueMarketYieldAnalysisMembersrt:WeightedAverageMember2023-12-3100018498942024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt PetVet Care Centers Commitment Type Delayed Draw Commitment Expiration Date 11/15/20302023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Boasso Global Commitment Type Revolver Commitment Expiration Date 7/1/20262023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Chemicals, Plastics & Rubber Dubois Chemicals Group Inc. Reference Rate and Spread S + 4.60% Interest Rate Floor 0.00% Interest Rate 9.93% Maturity Date 9/30/20262024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Consumer2024-03-310001849894ck0001849894:ServicesBusinessMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Consumer Vision Purchaser Corp. Reference Rate and Spread S + 6.40% Interest Rate Floor 1.00% Interest Rate 11.73% Maturity Date 6/10/20252024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications FirstLight Fiber - Initial Term Loan Reference Rate and Spread S + 3.61% Interest Rate Floor 0.00% Interest Rate 8.97% Maturity Date 7/23/20252023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business Clarion Events Limited Reference Rate and Spread S + 5.73% Interest Rate Floor 1.00% Interest Rate 10.28% Maturity Date 9/30/20272024-03-310001849894ck0001849894:NonControlledNonAffiliatedInvestmentsMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Systems Planning and Analysis, Inc. - Revolving Credit Facility Reference Rate and Spread S + 6.15% Interest Rate Floor 1.00% Interest Rate 11.37% Maturity Date 8/16/20272024-03-310001849894ck0001849894:SecondLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:MeasurementInputMarketYieldDiscountRateMembersrt:MinimumMemberck0001849894:ValuationTechniqueMarketYieldAnalysisMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Cargo Boasso Global Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.07% Maturity Date 7/3/20282024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Chromalloy Holdings LLC Commitment Type Revolver Commitment Expiration Date 11/23/20272023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure Chuck E. Cheese Interest Rate 6.75% Maturity Date 5/1/20262023-12-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Services: Business DISA Holdings Corp. - Delayed Draw Term Loan Reference Rate and Spread S + 10.00% Interest Rate Floor 0.75% Interest Rate 15.36% (Incl 2.00% PIK) Maturity Date 3/9/20292023-01-012023-12-310001849894ck0001849894:SecondLienDebtMember2023-12-310001849894ck0001849894:IndependentPricingServiceOrDirectlyFromIndependentBrokerMember2024-03-310001849894ck0001849894:SecondLienDebtMemberus-gaap:FairValueInputsLevel3Member2023-01-012023-03-310001849894us-gaap:FairValueInputsLevel3Memberck0001849894:PreferredEquityMember2023-01-012023-03-310001849894country:LU2023-12-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Telecommunications FirstLight Fiber Reference Rate and Spread S + 7.61% Interest Rate Floor 0.00% Interest Rate 12.97% Maturity Date 7/23/20262024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate Highgate Hotels, L.P. - Revolving Credit Facility Reference Rate and Spread S + 5.50% Interest Rate Floor 1.00% Interest Rate 10.80% Maturity Date 10/26/20292024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate Accession Risk Management - Delayed Draw Term Loan Reference Rate and Spread S + 6.00% Interest Rate Floor 0.75% Interest Rate 11.34% Maturity Date 11/1/20292024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications ViaSat, Inc. Reference Rate and Spread S + 4.61% Interest Rate Floor 0.50% Interest Rate 9.96% Maturity Date 5/30/20302023-01-012023-12-310001849894ck0001849894:IndependentPricingServiceOrDirectlyFromIndependentBrokerMember2023-12-310001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Member2023-12-3100018498942024-03-310001849894ck0001849894:MsdBdcSpvIiLlcFacilityMemberus-gaap:SubsequentEventMember2024-04-180001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Services: Business DISA Holdings Corp. Reference Rate and Spread S + 10.00% Interest Rate Floor 0.75% Interest Rate 15.36% (Incl 2.00% PIK) Maturity Date 3/9/20292023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Systems Planning and Analysis, Inc. - Delayed Draw Term Loan Reference Rate and Spread S + 6.15% Interest Rate Floor 0.00% Interest Rate 11.33% Maturity Date 8/16/20272023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Consumer Beacon Mobility Corp. Reference Rate and Spread S + 8.60% Interest Rate Floor 0.00% Interest Rate 14.08% PIK Maturity Date 12/31/20252023-01-012023-12-310001849894ck0001849894:SPVIFacilityMemberck0001849894:CreditSpreadAdjustmentMember2022-11-212022-11-210001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Consumer Virgin Atlantic Reference Rate and Spread L + 3.25% Interest Rate Floor 0.00% Interest Rate 8.83% Maturity Date 11/17/20262024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Cargo Boasso Global - Revolving Credit Facility Reference Rate and Spread S + 5.75% Interest Rate Floor 0.75% Interest Rate 14.25% Maturity Date 7/1/20262024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Charlotte Buyer, Inc. Reference Rate and Spread S + 5.25% Interest Rate Floor 0.00% Interest Rate 10.61% Maturity Date 2/11/20282023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Diversified & Production Candle Media Co Ltd Reference Rate and Spread S + 6.10% Interest Rate Floor 0.75% Interest Rate 11.47% Maturity Date 6/18/20272023-01-012023-12-310001849894ck0001849894:SubscriptionFacilityMember2021-12-210001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure Hotel Equities Group, LLC Reference Rate and Spread S + 5.75% Interest Rate Floor 2.00% Interest Rate 11.07% Maturity Date 1/22/20292024-03-310001849894us-gaap:FairValueInputsLevel3Memberck0001849894:PreferredEquityMember2022-12-310001849894ck0001849894:DecemberThirtyTwoThousandTwentyTwoMember2024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals PetVet Care Centers Reference Rate and Spread S + 6.00% Interest Rate Floor 0.75% Interest Rate 11.36% Maturity Date 11/15/20302023-01-012023-12-310001849894Foreign Currency Forward Contracts2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business Travelport Finance (Luxembourg) S.A.R.L. Reference Rate and Spread S + 8.26% Interest Rate Floor 1.00% Interest Rate 13.61% (6.61% PIK) Maturity Date 9/30/20282023-01-012023-12-310001849894srt:AffiliatedEntityMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Consumer Goods: Durable Mattress Firm, Inc. Reference Rate and Spread S + 4.51% Interest Rate Floor 0.75% Interest Rate 9.81% Maturity Date 9/25/20282024-03-310001849894us-gaap:MeasurementInputPriceVolatilityMembersrt:MaximumMemberus-gaap:FairValueInputsLevel3Memberck0001849894:ValuationTechniqueBlackScholesMemberck0001849894:PreferredEquityMember2024-03-310001849894us-gaap:FairValueInputsLevel3Memberck0001849894:MeasurementInputMarketYieldDiscountRateMemberck0001849894:ValuationTechniqueMarketYieldAnalysisMemberck0001849894:PreferredEquityMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Press Ganey Holdings - Incremental Term Loan Reference Rate and Spread S + 3.86% Interest Rate Floor 0.75% Interest Rate 9.19% Maturity Date 7/24/20262024-03-310001849894Portfolio Investments, Cash and Cash Equivalents2023-12-310001849894ck0001849894:LIBORMemberck0001849894:SPVIFacilityMember2022-11-202022-11-200001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Wholesale DFS Holdings Company, Inc. Reference Rate and Spread S + 7.10% Interest Rate Floor 0.75% Interest Rate 12.43% Maturity Date 1/31/20292024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications2023-12-310001849894us-gaap:MeasurementInputPriceVolatilityMemberus-gaap:FairValueInputsLevel3Memberck0001849894:ValuationTechniqueBlackScholesMemberck0001849894:PreferredEquityMembersrt:WeightedAverageMember2023-12-310001849894ck0001849894:AdministratorMemberck0001849894:AdministrationAgreementMember2024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Advertising, Printing & Publishing Emerald Exhibitions Reference Rate and Spread S + 5.10% Interest Rate Floor 0.00% Interest Rate 10.46% Maturity Date 5/22/20262023-12-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Consumer goods: Non-durable Protective Industrial Products Inc. Reference Rate and Spread S + 8.36% Interest Rate Floor 1.00% Interest Rate 13.72% Maturity Date 12/30/20282023-12-310001849894us-gaap:FairValueInputsLevel3Memberck0001849894:PreferredEquityMember2023-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense The Nordam Group Inc. Reference Rate and Spread S + 5.60% Interest Rate Floor 0.00% Interest Rate 10.96% Maturity Date 4/9/20262023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Systems Planning and Analysis, Inc. Reference Rate and Spread S + 6.15% Interest Rate Floor 1.00% Interest Rate 11.08% Maturity Date 8/16/20272024-03-310001849894us-gaap:MoneyMarketFundsMember2023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Chemicals, Plastics & Rubber Hexion Holdings Corporation Reference Rate and Spread S + 4.65% Interest Rate Floor 0.50% Interest Rate 9.98% Maturity Date 3/15/20292024-03-310001849894us-gaap:InvestmentUnaffiliatedIssuerMember2024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals PetVet Care Centers Reference Rate and Spread S + 6.00% Interest Rate Floor 0.75% Interest Rate 11.36% Maturity Date 11/15/20302023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Accession Risk Management Commitment Type Delayed Draw Commitment Expiration Date 11/1/20292024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications FirstLight Fiber - Initial Term Loan Reference Rate and Spread S + 3.61% Interest Rate Floor 0.00% Interest Rate 8.97% Maturity Date 7/23/20252023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Cargo2024-03-310001849894ck0001849894:LoanRepurchaseObligationsMember2024-03-310001849894ck0001849894:SubscriptionFacilityMember2024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure TouchTunes Reference Rate and Spread S + 5.00% Interest Rate Floor 0.50% Interest Rate 10.35% Maturity Date 4/2/20292023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Chemicals, Plastics & Rubber Hexion Holdings Corporation Reference Rate and Spread S + 7.54% Interest Rate Floor 0.50% Interest Rate 12.89% Maturity Date 3/15/20302023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate Ardonagh Midco 3 PLC Reference Rate and Spread S + 4.75% Interest Rate Floor 0.50% Interest Rate 10.04% Maturity Date 2/15/20312024-03-310001849894ck0001849894:PreferredEquityMember2024-03-310001849894ck0001849894:FirstLienDebtMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense The Nordam Group Inc. Reference Rate and Spread S + 5.60% Interest Rate Floor 0.00% Interest Rate 10.93% Maturity Date 4/9/20262024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Bayer Environmental Services Reference Rate and Spread S + 4.38% Interest Rate Floor 0.50% Interest Rate 9.77% Maturity Date 10/4/20292023-12-310001849894ck0001849894:SecondLienDebtMemberus-gaap:FairValueInputsLevel2Member2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Systems Planning and Analysis, Inc. - Delayed Draw Term Loan A Reference Rate and Spread S + 6.15% Interest Rate Floor 0.00% Interest Rate 11.23% Maturity Date 8/16/20272024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Circor International, Inc. - Revolving Credit Facility Reference Rate and Spread S + 6.00% Interest Rate Floor 1.00% Interest Rate 11.30% Maturity Date 10/18/20292024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Foundation Risk Partners Commitment Type Delayed Draw Commitment Expiration Date 10/29/20282024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Consumer Vision Purchaser Corp. Reference Rate and Spread S + 6.40% Interest Rate Floor 1.00% Interest Rate 11.75% Maturity Date 6/10/20252023-01-012023-12-310001849894us-gaap:FairValueInputsLevel1Member2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Advertising, Printing & Publishing Clear Channel Outdoor Reference Rate and Spread S + 3.76% Interest Rate Floor 0.00% Interest Rate 9.14% Maturity Date 8/21/20262023-01-012023-12-310001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:ValuationTechniqueRecentTransactionMembersrt:WeightedAverageMemberck0001849894:MeasurementInputTransactionPriceMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Frontgrade Technologies Inc. - Revolving Credit Facility Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.05% Maturity Date 1/9/20282024-01-012024-03-310001849894us-gaap:InvestmentAffiliatedIssuerMember2024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Maxar Technologies Inc. Commitment Type Revolver Commitment Expiration Date 5/3/20292023-01-012023-12-310001849894country:CA2024-01-012024-03-310001849894country:GB2023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Consumer CSC Serviceworks Reference Rate and Spread S + 4.26% Interest Rate Floor 0.75% Interest Rate 9.62% Maturity Date 3/4/20282023-01-012023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Beacon Mobility Corp. Commitment Type Delayed Draw Commitment Expiration Date 12/31/20252023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Wholesale2024-03-310001849894srt:MinimumMember2024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Circor International, Inc. Company Commitment Type Revolver Commitment Expiration Date 10/18/20292023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Faraday Buyer, LLC Reference Rate and Spread S + 6.00% Interest Rate Floor 1.00% Interest Rate 11.33% Maturity Date 10/11/20282023-12-310001849894us-gaap:PreferredStockMember2023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Maxar Technologies Inc. Commitment Type Revolver Commitment Expiration Date 5/3/20292024-01-012024-03-310001849894ck0001849894:DecemberTwentyNineTwoThousandTwentyTwoMemberck0001849894:SubscriptionAgreementsMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Systems Planning and Analysis, Inc. Reference Rate and Spread S + 6.15% Interest Rate Floor 1.00% Interest Rate 11.08% Maturity Date 8/16/20272024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Advertising, Printing & Publishing Clear Channel Outdoor Reference Rate and Spread S + 3.76% Interest Rate Floor 0.00% Interest Rate 9.14% Maturity Date 8/21/20262023-12-310001849894ck0001849894:TelecommunicationsMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Neptune Platform Buyer, LLC Reference Rate and Spread S + 5.25% Interest Rate Floor 0.75% Interest Rate 10.55% Maturity Date 1/19/20312024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt PetVet Care Centers Commitment Type Revolver Commitment Expiration Date 11/15/20292023-12-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Hotel, Gaming & Leisure Mohegan Gaming & Entertainment Interest Rate 8.00% Maturity Date 2/1/20262024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure Sandlot Baseball Borrower Co. Reference Rate and Spread S + 5.75% Interest Rate Floor 1.00% Interest Rate 11.06% Maturity Date 12/27/20282024-01-012024-03-310001849894ck0001849894:ServicesBusinessMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Trillium FlowControl Reference Rate and Spread S + 5.76% Interest Rate Floor 1.00% Interest Rate 11.07% Maturity Date 6/28/20262024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals PetVet Care Centers - - Revolving Credit Facility Reference Rate and Spread S + 6.00% Interest Rate Floor 0.75% Interest Rate 11.36% Maturity Date 11/15/20292023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Consumer Virgin Atlantic Reference Rate and Spread S + 3.25% Interest Rate Floor 0.00% Interest Rate 8.91% Maturity Date 11/17/20262023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Wood Mackenzie, Inc. Commitment Type Revolver Commitment Expiration Date 2/1/20282023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Services: Business Trace3 Inc. Reference Rate and Spread S + 7.76% Interest Rate Floor 0.50% Interest Rate 13.09% Maturity Date 10/8/20292024-01-012024-03-310001849894ck0001849894:SpvIiFacilityMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Advertising, Printing & Publishing Emerald Exhibitions Reference Rate and Spread S + 5.10% Interest Rate Floor 0.00% Interest Rate 10.43% Maturity Date 5/22/20262024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Highgate Hotels, L.P. Commitment Type Revolver Commitment Expiration Date 10/26/20292023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure K1 Speed Inc. Reference Rate and Spread S + 6.25% Interest Rate Floor 1.00% Interest Rate 11.58% Maturity Date 1/2/20292024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Advertising, Printing & Publishing Sheffield United F.C. Interest Rate 13.07% Maturity Date 7/22/20262023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Sandlot Baseball Borrower Co. Commitment Type Delayed Draw Commitment Expiration Date 12/27/20282024-01-012024-03-310001849894 Investments Investments - non-controlled/non-affiliated First Lien Debt Wholesale DFS Holdings Company, Inc. Reference Rate and Spread S + 7.10% Interest Rate Floor 0.75% Interest Rate 12.46% Maturity Date 1/31/20292023-01-012023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Systems Planning and Analysis, Inc. Commitment Type Delayed Draw Commitment Expiration Date 8/16/20272024-03-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Services: Business DISA Holdings Corp. - Delayed Draw Term Loan Reference Rate and Spread S + 8.50% Interest Rate Floor 0.75% Interest Rate 13.83% (Incl 2.00% PIK) Maturity Date 3/9/20292024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Circor International, Inc. Commitment Type Revolver Commitment Expiration Date 10/18/20292024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Retail2024-03-310001849894ck0001849894:AprilTwentyOneTwoThousandTwentyThreeMemberck0001849894:SubscriptionAgreementsMember2024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Beacon Mobility Corp. Commitment Type Delayed Draw Commitment Expiration Date 12/31/20252024-03-310001849894us-gaap:FairValueInputsLevel1Member2024-03-310001849894ck0001849894:CollateralManagementAgreementMember2023-11-150001849894Investments—non-controlled/non-affiliated First Lien Debt Beacon Mobility Corp. Commitment Type Delayed Draw Commitment Expiration Date 12/31/20252024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications Maxar Technologies Inc. Reference Rate and Spread S + 7.25% Interest Rate Floor 1.00% Interest Rate 12.60% Maturity Date 5/3/20302023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt High Tech Industries Inmar, Inc. Reference Rate and Spread S + 5.50% Interest Rate Floor 1.00% Interest Rate 10.83% Maturity Date 5/1/20262024-03-310001849894us-gaap:CashAndCashEquivalentsMemberus-gaap:FairValueInputsLevel1Member2024-03-310001849894ck0001849894:ConsumerGoodsDurableMember2024-03-310001849894ck0001849894:BeverageFoodAndTobaccoMember2023-12-310001849894us-gaap:CommonStockMember2023-12-3100018498942023-01-012023-03-310001849894country:CA2024-03-310001849894us-gaap:CollateralizedDebtObligationsMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications FirstLight Fiber - 2023 Incremental Term Loan Reference Rate and Spread S + 4.11% Interest Rate Floor 0.00% Interest Rate 9.44% Maturity Date 7/23/20252024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Disa Holdings Corp. Commitment Type Delayed Draw Commitment Expiration Date 9/9/20282024-01-012024-03-310001849894ck0001849894:DrpProgramMember2024-01-012024-03-310001849894ck0001849894:SecondLienDebtMemberus-gaap:FairValueInputsLevel3Member2024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Advertising, Printing & Publishing2024-03-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Hotel, Gaming & Leisure Mohegan Gaming & Entertainment Interest Rate 8.00% Maturity Date 2/1/20262023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications FirstLight Fiber - Initial Term Loan Reference Rate and Spread S + 3.61% Interest Rate Floor 0.00% Interest Rate 8.94% Maturity Date 7/23/20252024-03-310001849894us-gaap:ForeignExchangeForwardMember2024-01-012024-03-310001849894ck0001849894:LoanRepurchaseObligationsMemberck0001849894:MacquarieBankLimitedMember2024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Ardonagh Midco 3 PLC Commitment Type Delayed Draw Commitment Expiration Date 2/15/20312024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure ClubCorp Holdings Inc. Reference Rate and Spread S + 5.26% Interest Rate Floor 0.00% Interest Rate 10.61% Maturity Date 9/18/20262023-12-310001849894ck0001849894:AutomotiveMember2024-03-310001849894srt:MaximumMemberck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:ValuationTechniqueRecentTransactionMemberck0001849894:MeasurementInputTransactionPriceMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure Sandlot Baseball Borrower Co. Reference Rate and Spread S + 5.75% Interest Rate Floor 1.00% Interest Rate 11.10% Maturity Date 12/27/20282023-01-012023-12-310001849894ck0001849894:LoanRepurchaseObligationsMemberck0001849894:MacquarieBankLimitedMembersrt:MinimumMember2023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Consumer PetVet Care Centers Reference Rate and Spread S + 6.00% Interest Rate Floor 0.75% Interest Rate 11.33% Maturity Date 11/15/20302024-01-012024-03-310001849894us-gaap:CollateralizedLoanObligationsMember2024-03-310001849894Foreign Currency Forward Contracts Two - Derivative Counterparty Macquarie Settlement Date June 20, 20242024-01-012024-03-310001849894ck0001849894:BankingFinanceInsuranceAndRealestateMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Systems Planning and Analysis, Inc. Reference Rate and Spread S + 6.15% Interest Rate Floor 1.00% Interest Rate 11.33% Maturity Date 8/16/20272023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Systems Planning and Analysis, Inc. Commitment Type Delayed Draw Commitment Expiration Date 8/16/20272023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals PetVet Care Centers - - Revolving Credit Facility Reference Rate and Spread S + 6.00% Interest Rate Floor 0.75% Interest Rate 11.36% Maturity Date 11/15/20292023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure Hotel Equities Group, LLC - Revolving Credit Facility Reference Rate and Spread S + 5.75% Interest Rate Floor 2.00% Interest Rate 11.09% Maturity Date 1/22/20292024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Diversified & Production Candle Media Co Ltd -Delayed Draw Term Loan Reference Rate and Spread S + 6.10% Interest Rate Floor 0.75% Interest Rate 11.41% (Incl 4.00% PIK) Maturity Date 6/18/20272024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure Viad Corp. Reference Rate and Spread S + 5.11% Interest Rate Floor 0.50% Interest Rate 10.47% Maturity Date 7/30/20282023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Press Ganey Holdings Reference Rate and Spread S + 3.61% Interest Rate Floor 0.00% Interest Rate 8.97% Maturity Date 7/24/20262023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Natural Partners, Inc. Commitment Type Revolver Commitment Expiration Date 11/29/20272024-01-012024-03-310001849894Foreign Currency Forward Contracts One - Derivative Counterparty Macquarie Settlement Date December 20, 20232024-01-012024-03-310001849894us-gaap:FairValueInputsLevel2Member2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Cargo Boasso Global - Revolving Credit Facility Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.08% Maturity Date 7/1/20262023-12-310001849894ck0001849894:SPVIFacilityMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business AVSC Holding Corporation Reference Rate and Spread S + 3.65% Interest Rate Floor 1.00% Interest Rate 8.93% Maturity Date 3/1/20252024-01-012024-03-310001849894us-gaap:PreferredStockMember2023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Galway Borrower LLC Commitment Type Revolver Commitment Expiration Date 9/30/20282024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Retail MED ParentCo, LP Reference Rate and Spread S + 4.36% Interest Rate Floor 0.00% Interest Rate 9.69% Maturity Date 8/31/20262024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Natural Partners, Inc. - Revolving Credit Facility Reference Rate and Spread S + 4.65% Interest Rate Floor 1.00% Interest Rate 9.95% Maturity Date 11/29/20272024-03-310001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:MeasurementInputMarketYieldDiscountRateMemberck0001849894:ValuationTechniqueMarketYieldAnalysisMembersrt:WeightedAverageMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated2024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Total Unfunded Commitments2024-01-012024-03-310001849894us-gaap:InvestmentUnaffiliatedIssuerMember2023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Consumer Goods: Durable2024-03-310001849894Investments Investments - non-controlled/non-affiliated Preferred Equity Banking, Finance, Insurance & Real Estate Accession Risk Management - Preferred Stock Interest Rate 13.25% PIK2024-03-310001849894country:CA2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications FirstLight Fiber - 2023 Incremental Term Loan Reference Rate and Spread S + 4.11% Interest Rate Floor 0.00% Interest Rate 9.47% Maturity Date 7/23/20252023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Wholesale2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Chemicals, Plastics & Rubber Hexion Holdings Corporation - Incremental Term Loan Reference Rate and Spread S + 6.25% Interest Rate Floor 0.50% Interest Rate 11.58% Maturity Date 3/15/20282024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Consumer CSC Serviceworks Reference Rate and Spread S + 4.26% Interest Rate Floor 0.75% Interest Rate 9.59% Maturity Date 3/4/20282024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Consumer CSC Serviceworks Reference Rate and Spread S + 4.26% Interest Rate Floor 0.75% Interest Rate 9.62% Maturity Date 3/4/20282023-12-310001849894ck0001849894:SeptemberTwentyOneTwoThousandTwentyTwoMemberck0001849894:SubscriptionAgreementsMember2024-01-012024-03-310001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:ValuationTechniqueRecentTransactionMemberck0001849894:MeasurementInputTransactionPriceMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt High Tech Industries Inmar, Inc. Reference Rate and Spread S + 5.50% Interest Rate Floor 1.00% Interest Rate 10.86% Maturity Date 5/1/20262023-12-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Services: Business DISA Holdings Corp. - Delayed Draw Term Loan Reference Rate and Spread S + 8.50% Interest Rate Floor 0.75% Interest Rate 13.83% (Incl 2.00% PIK) Maturity Date 3/9/20292024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Consumer Beacon Mobility Corp. Reference Rate and Spread S + 8.60% Interest Rate Floor 0.00% Interest Rate 14.08% PIK Maturity Date 12/31/20252023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Cargo Boasso Global - Delayed Draw Term Loan Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.11% Maturity Date 10/3/20242023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Consumer PetVet Care Centers - Revolving Credit Facility Reference Rate and Spread S + 6.00% Interest Rate Floor 0.75% Interest Rate 11.30% Maturity Date 11/15/20292024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Consumer Goods: Durable Mattress Firm, Inc. 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Reference Rate and Spread S + 6.26% Interest Rate Floor 1.50% Interest Rate 11.57% Maturity Date 6/30/20262024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications Ligado Networks LLC Interest Rate 15.50% PIK Maturity Date 11/1/20232023-01-012023-12-310001849894ck0001849894:DebtSecuritizationMember2023-11-150001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business Wood Mackenzie, Inc. Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.13% Maturity Date 2/1/20302023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business Travelport Finance (Luxembourg) S.A.R.L. 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Reference Rate and Spread S + 5.25% Interest Rate Floor 0.75% Interest Rate 10.58% Maturity Date 7/2/20292024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Frontgrade Technologies Inc. Commitment Type Revolver Commitment Expiration Date 1/9/20282023-01-012023-12-310001849894ck0001849894:RepurchaseObligationsMemberck0001849894:MacquarieBankLimitedMembersrt:MinimumMember2024-01-012024-03-310001849894ck0001849894:SPVIFacilityMemberus-gaap:SubsequentEventMember2024-04-082024-04-080001849894Investments—non-controlled/non-affiliated First Lien Debt Maxar Technologies Inc. Commitment Type Revolver Commitment Expiration Date 5/3/20292023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Trillium FlowControl Reference Rate and Spread S + 5.76% Interest Rate Floor 1.00% Interest Rate 11.11% Maturity Date 6/28/20262023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Frontgrade Technologies Inc. - Revolving Credit Facility Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.05% Maturity Date 1/9/20282024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Cargo Boasso Global - Delayed Draw Term Loan Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.11% Maturity Date 10/3/20242023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Retail MED ParentCo, LP Reference Rate and Spread S + 4.36% Interest Rate Floor 0.00% Interest Rate 9.72% Maturity Date 8/31/20262023-01-012023-12-310001849894ck0001849894:AugustEightTwoThousandTwentyThreeMemberck0001849894:SubscriptionAgreementsMember2024-03-310001849894us-gaap:RetailMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure Sandlot Baseball Borrower Co. - Delayed Draw Term Loan Reference Rate and Spread S + 5.75% Interest Rate Floor 1.00% Interest Rate 11.05% Maturity Date 12/27/20282024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Cargo Boasso Global Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.11% Maturity Date 7/3/20282023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Diversified & Production2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Advertising, Printing & Publishing Emerald Exhibitions Reference Rate and Spread S + 5.10% Interest Rate Floor 0.00% Interest Rate 10.43% Maturity Date 5/22/20262024-03-310001849894ck0001849894:SubscriptionFacilityMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Services: Business DISA Holdings Corp. Reference Rate and Spread S + 8.50% Interest Rate Floor 0.75% Interest Rate 13.83% (Incl 2.00% PIK) Maturity Date 3/9/20292024-03-310001849894ck0001849894:MarchSixTwoThousandTwentyFourMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Systems Planning and Analysis, Inc. - Revolving Credit Facility Reference Rate and Spread S + 6.15% Interest Rate Floor 1.00% Interest Rate 11.37% Maturity Date 8/16/20272024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Frontgrade Technologies Inc. One Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.10% Maturity Date 1/9/20302023-12-310001849894Investments Investments - non-controlled/non-affiliated Preferred Equity Retail Xponential Fitness LLC - Series A Preferred Stock Interest Rate 6.50% Maturity Date 7/27/20312023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt DFS Holding Company Commitment Type Delayed Draw Commitment Expiration Date 1/31/20292023-12-310001849894us-gaap:PreferredStockMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Chemicals, Plastics & Rubber Hexion Holdings Corporation Reference Rate and Spread S + 4.65% Interest Rate Floor 0.50% Interest Rate 10.02% Maturity Date 3/15/20292023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Wholesale DFS Holdings Company, Inc. - Delayed Draw Term Loan Reference Rate and Spread S + 7.10% Interest Rate Floor 0.75% Interest Rate 12.43% Maturity Date 1/31/20292024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Boasso Global Commitment Type Delayed Draw Commitment Expiration Date 10/3/20242024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Disa Holdings Corp. Commitment Type Delayed Draw Commitment Expiration Date 9/9/20282024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Foundation Risk Partners Commitment Type Delayed Draw Commitment Expiration Date 10/29/20282023-01-012023-12-310001849894ck0001849894:AdministratorMemberck0001849894:AdministrationAgreementMember2023-01-012023-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate Accession Risk Management - Delayed Draw Term Loan Reference Rate and Spread S + 6.00% Interest Rate Floor 0.75% Interest Rate 11.43% Maturity Date 11/1/20292023-12-310001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Member2023-01-012023-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business DISA Holdings Corp. - Delayed Draw Term Loan Reference Rate and Spread S + 5.00% Interest Rate Floor 0.50% Interest Rate 10.30% Maturity Date 9/9/20282024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Consumer Goods: Durable Victra Finance Corp. Reference Rate and Spread S + 7.25% Interest Rate Floor 0.75% Interest Rate 12.60% Maturity Date 3/31/20292023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Charlotte Buyer, Inc. 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Reference Rate and Spread S + 4.65% Interest Rate Floor 1.00% Interest Rate 10.04% Maturity Date 11/29/20272023-01-012023-12-310001849894ck0001849894:LoanRepurchaseObligationsMemberck0001849894:MacquarieBankLimitedMembersrt:MinimumMember2024-01-012024-03-310001849894ck0001849894:TransportationConsumerMember2023-12-310001849894srt:AffiliatedEntityMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Consumer goods: Non-durable Protective Industrial Products Inc. Reference Rate and Spread S + 8.36% Interest Rate Floor 1.00% Interest Rate 13.69% Maturity Date 12/30/20282024-03-310001849894country:LU2024-01-012024-03-310001849894us-gaap:FairValueInputsLevel3Memberck0001849894:PreferredEquityMember2024-03-310001849894us-gaap:FairValueInputsLevel3Memberck0001849894:MeasurementInputMarketYieldDiscountRateMemberck0001849894:ValuationTechniqueMarketYieldAnalysisMemberck0001849894:PreferredEquityMember2024-03-310001849894ck0001849894:SpvIiFacilityMember2024-03-200001849894Investments—non-controlled/non-affiliated First Lien Debt Frontgrade Technologies Inc. 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Commitment Type Delayed Draw Commitment Expiration Date 12/27/20282023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business Travelport Finance (Luxembourg) S.A.R.L. Reference Rate and Spread S + 8.26% Interest Rate Floor 1.00% Interest Rate 13.61% (6.61% PIK) Maturity Date 9/30/20282024-03-310001849894ck0001849894:MediaDiversifiedAndProductionMember2024-03-310001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberck0001849894:ValuationTechniqueRecentTransactionMemberck0001849894:MeasurementInputTransactionPriceMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Consumer Vision Purchaser Corp. - Incremental Term Loan Reference Rate and Spread S + 6.40% Interest Rate Floor 1.00% Interest Rate 11.75% Maturity Date 6/10/20252023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Total Unfunded Commitments2023-12-310001849894ck0001849894:JuneTwentyEightTwoThousandTwentyThreeMember2024-01-012024-03-310001849894ck0001849894:SPVIFacilityMember2022-12-160001849894us-gaap:SubsequentEventMemberck0001849894:SPVIFacilityMember2024-04-072024-04-070001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Consumer Beacon Mobility Corp. - Delayed Draw Term Loan Reference Rate and Spread S + 8.60% Interest Rate Floor 0.00% Interest Rate 13.98% Maturity Date 12/31/20252023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure ClubCorp Holdings Inc. Reference Rate and Spread S + 5.26% Interest Rate Floor 0.00% Interest Rate 10.61% Maturity Date 9/18/20262024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Consumer Goods: Durable2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business DISA Holdings Corp. Reference Rate and Spread S + 5.00% Interest Rate Floor 0.50% Interest Rate 10.34% Maturity Date 9/9/20282024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Galway Borrower LLC Commitment Type Delayed Draw Commitment Expiration Date 9/30/20282024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Services: Consumer Midwest Veterinary Partners LLC Reference Rate and Spread S + 7.60% Interest Rate Floor 0.75% Interest Rate 12.93% Maturity Date 4/26/20292024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Diversified & Production Candle Media Co Ltd -Delayed Draw Term Loan Reference Rate and Spread S + 6.10% Interest Rate Floor 0.75% Interest Rate 11.47% Maturity Date 6/18/20272023-01-012023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Systems Planning and Analysis, Inc. Commitment Type Revolver Commitment Expiration Date 8/16/20272024-03-310001849894Investments Investments - non-controlled/non-affiliated Preferred Equity Retail Xponential Fitness LLC - Series A Preferred Stock Interest Rate 6.50% Maturity Date 7/27/20312024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business Radar Bidco S.A.R.L Reference Rate and Spread S + 4.25% Interest Rate Floor 0.00% Interest Rate 9.56% Maturity Date 3/27/20312024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications ViaSat, Inc. Reference Rate and Spread S + 4.61% Interest Rate Floor 0.50% Interest Rate 9.93% Maturity Date 5/30/20302024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt High Tech Industries Alteryx, Inc. - Delayed Draw Term Loan Reference Rate and Spread S + 6.50% Interest Rate Floor 0.75% Interest Rate 11.83% Maturity Date 3/18/20312024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business Wood Mackenzie, Inc. Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.13% Maturity Date 2/1/20302023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure K1 Speed Inc. - Delayed Draw Term Loan Reference Rate and Spread S + 6.25% Interest Rate Floor 1.00% Interest Rate 11.55% Maturity Date 1/2/20292024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Faraday Buyer, LLC - Delayed Draw Term Loan Reference Rate and Spread S + 6.00% Interest Rate Floor 1.00% Interest Rate 11.30% Maturity Date 10/11/20282024-03-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Services: Business Trace3 Inc. Reference Rate and Spread L + 7.76% Interest Rate Floor 0.50% Interest Rate 13.17% Maturity Date 10/8/20292023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Boasso Global Commitment Type Revolver Commitment Expiration Date 7/1/20262024-01-012024-03-310001849894us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberck0001849894:DebtSecuritizationMemberck0001849894:ClassBNotesMember2023-11-152023-11-150001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Consumer Goods: Durable Mattress Firm, Inc. Reference Rate and Spread L + 4.25% Interest Rate Floor 0.75% Interest Rate 9.95% Maturity Date 9/25/20282023-12-310001849894ck0001849894:CapitalEquipmentMember2023-12-310001849894ck0001849894:HighTechIndustriesMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Telecommunications FirstLight Fiber Reference Rate and Spread S + 7.61% Interest Rate Floor 0.00% Interest Rate 12.97% Maturity Date 7/23/20262024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Natural Partners, Inc. - Revolving Credit Facility Reference Rate and Spread S + 4.65% Interest Rate Floor 1.00% Interest Rate 9.98% Maturity Date 11/29/20272023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Press Ganey Holdings - 2022 Term Loan Reference Rate and Spread S + 3.85% Interest Rate Floor 0.75% Interest Rate 9.18% Maturity Date 7/24/20262024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Consumer Vision Purchaser Corp. - Incremental Term Loan Reference Rate and Spread S + 6.40% Interest Rate Floor 1.00% Interest Rate 11.73% Maturity Date 6/10/20252024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business Radar Bidco S.A.R.L Reference Rate and Spread S + 4.25% Interest Rate Floor 0.00% Interest Rate 9.56% Maturity Date 3/27/20312024-03-310001849894us-gaap:SubsequentEventMember2024-04-012024-04-010001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Press Ganey Holdings - 2022 Term Loan Reference Rate and Spread S + 3.85% Interest Rate Floor 0.75% Interest Rate 9.18% Maturity Date 7/24/20262024-03-310001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:ValuationTechniqueRecentTransactionMemberck0001849894:MeasurementInputTransactionPriceMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Wholesale DFS Holdings Company, Inc. Reference Rate and Spread S + 7.10% Interest Rate Floor 0.75% Interest Rate 12.43% Maturity Date 1/31/20292024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure Sandlot Baseball Borrower Co. Reference Rate and Spread S + 5.75% Interest Rate Floor 1.00% Interest Rate 11.10% Maturity Date 12/27/20282023-12-310001849894ck0001849894:HotelGamingAndLeisureMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Frontgrade Technologies Inc. One Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.10% Maturity Date 1/9/20302023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt High Tech Industries Alteryx, Inc. Reference Rate and Spread S + 6.50% Interest Rate Floor 0.75% Interest Rate 11.83% Maturity Date 3/18/20312024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Beverage, Food & Tobacco2024-03-310001849894ck0001849894:MediaDiversifiedAndProductionMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Diversified & Production Candle Media Co Ltd Reference Rate and Spread S + 6.10% Interest Rate Floor 0.75% Interest Rate 11.47% Maturity Date 6/18/20272023-12-310001849894Foreign Currency Forward Contracts Two - Derivative Counterparty Macquarie Settlement Date March 20, 20242023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure TouchTunes Reference Rate and Spread S + 5.00% Interest Rate Floor 0.50% Interest Rate 10.35% Maturity Date 4/2/20292023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Containers, Packaging & Glass Confluent Holdings LLC Reference Rate and Spread S + 7.00% Interest Rate Floor 2.00% Interest Rate 12.31% Maturity Date 3/28/20292024-01-012024-03-310001849894ck0001849894:SecondLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:MeasurementInputMarketYieldDiscountRateMemberck0001849894:ValuationTechniqueMarketYieldAnalysisMembersrt:WeightedAverageMember2024-03-310001849894ck0001849894:AdministrationAgreementMember2024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Systems Planning and Analysis, Inc. - Revolving Credit Facility Reference Rate and Spread S + 6.15% Interest Rate Floor 1.00% Interest Rate 11.31% Maturity Date 8/16/20272023-01-012023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Highgate Hotels, L.P. Commitment Type Revolver Commitment Expiration Date 10/26/20292024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Accession Risk Management Commitment Type Delayed Draw Commitment Expiration Date 11/1/20292024-01-012024-03-310001849894ck0001849894:SubscriptionFacilityMember2023-12-212023-12-210001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Circor International, Inc. - Revolving Credit Facility Reference Rate and Spread S + 6.00% Interest Rate Floor 1.00% Interest Rate 11.35% Maturity Date 10/18/20292023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications Maxar Technologies Inc. Reference Rate and Spread S + 7.25% Interest Rate Floor 1.00% Interest Rate 12.56% Maturity Date 5/3/20302024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Frontgrade Technologies Inc. Commitment Type Revolver Commitment Expiration Date 1/9/20282023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Foundation Risk Partners Commitment Type Delayed Draw Commitment Expiration Date 10/29/20282023-12-310001849894country:LU2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business Clarion Events Limited - Incremental Term Loan Reference Rate and Spread S + 5.73% Interest Rate Floor 1.00% Interest Rate 10.28% Maturity Date 9/30/20272024-03-310001849894ck0001849894:SecondLienDebtMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Diversified & Production Getty Images Inc. Reference Rate and Spread S + 4.60% Interest Rate Floor 0.00% Interest Rate 9.91% Maturity Date 2/19/20262024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate Galway Borrower LLC - Revolving Credit Facility Reference Rate and Spread S + 5.35% Interest Rate Floor 0.75% Interest Rate 10.66% Maturity Date 9/30/20282024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt High Tech Industries Inmar, Inc. Reference Rate and Spread S + 5.50% Interest Rate Floor 1.00% Interest Rate 10.86% Maturity Date 5/1/20262023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Beverage, Food & Tobacco LJ Perimeter Buyer, Inc. 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Commitment Type Revolver Commitment Expiration Date 8/16/20272024-01-012024-03-310001849894ck0001849894:WholesaleMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate Foundation Risk Partners - Delayed Draw Term Loan Reference Rate and Spread S + 5.60% Interest Rate Floor 0.75% Interest Rate 10.91% Maturity Date 10/29/20282024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business AVSC Holding Corporation Reference Rate and Spread S + 3.65% Interest Rate Floor 1.00% Interest Rate 8.96% Maturity Date 3/1/20252023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Consumer Beacon Mobility Corp. - Delayed Draw Term Loan Reference Rate and Spread S + 8.60% Interest Rate Floor 0.00% Interest Rate 13.91% PIK Maturity Date 12/31/20252024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure ClubCorp Holdings Inc. Reference Rate and Spread S + 5.26% Interest Rate Floor 0.00% Interest Rate 10.61% Maturity Date 9/18/20262024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Faraday Buyer, LLC Commitment Type Delayed Draw Commitment Expiration Date 10/11/20282023-01-012023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt DFS Holding Company Commitment Type Delayed Draw Commitment Expiration Date 1/31/20292024-01-012024-03-310001849894country:US2023-01-012023-12-310001849894us-gaap:PreferredStockMemberus-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberck0001849894:DebtSecuritizationMember2023-11-150001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business Momentive Global Reference Rate and Spread S + 7.00% Interest Rate Floor 1.00% Interest Rate 12.31% Maturity Date 5/31/20302024-01-012024-03-310001849894ck0001849894:SecondLienDebtMemberus-gaap:FairValueInputsLevel3Member2022-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business AVSC Holding Corporation Reference Rate and Spread S + 3.65% Interest Rate Floor 1.00% Interest Rate 8.96% Maturity Date 3/1/20252023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Energy: Oil & Gas Saturn Oil and Gas Inc. Reference Rate and Spread C + 11.50% Interest Rate Floor 1.00% Interest Rate 16.83% Maturity Date 2/28/20262024-01-012024-03-310001849894us-gaap:CommonStockMember2023-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Consumer Vision Purchaser Corp. - Incremental Term Loan Reference Rate and Spread S + 6.40% Interest Rate Floor 1.00% Interest Rate 11.75% Maturity Date 6/10/20252023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Consumer2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Systems Planning and Analysis, Inc. - Delayed Draw Term Loan Reference Rate and Spread S + 6.15% Interest Rate Floor 0.00% Interest Rate 11.37% Maturity Date 8/16/20272024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Faraday Buyer, LLC - Delayed Draw Term Loan Reference Rate and Spread S + 6.00% Interest Rate Floor 1.00% Interest Rate 11.33% Maturity Date 10/11/20282023-12-310001849894us-gaap:MeasurementInputPriceVolatilityMemberus-gaap:FairValueInputsLevel3Memberck0001849894:ValuationTechniqueBlackScholesMembersrt:MinimumMemberck0001849894:PreferredEquityMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Services: Consumer Midwest Veterinary Partners LLC Reference Rate and Spread S + 7.60% Interest Rate Floor 0.75% Interest Rate 12.96% Maturity Date 4/26/20292023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Hotel Equities Group, LLC Commitment Type Revolver Commitment Expiration Date 1/22/20292024-03-310001849894us-gaap:ForeignExchangeForwardMember2023-01-012023-03-310001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:MeasurementInputMarketYieldDiscountRateMemberck0001849894:ValuationTechniqueMarketYieldAnalysisMember2024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Foundation Risk Partners Commitment Type Delayed Draw Commitment Expiration Date 10/29/20282024-01-012024-03-310001849894ck0001849894:SecondLienDebtMemberus-gaap:FairValueInputsLevel3Member2023-12-310001849894ck0001849894:SPVIFacilityMember2023-12-310001849894us-gaap:CommonStockMember2024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Systems Planning and Analysis, Inc. Reference Rate and Spread S + 6.15% Interest Rate Floor 1.00% Interest Rate 11.33% Maturity Date 8/16/20272023-01-012023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Boasso Global Commitment Type Revolver Commitment Expiration Date 7/1/20262024-03-310001849894us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberck0001849894:SpvIiFacilityMember2023-08-152023-08-150001849894country:LU2023-01-012023-12-3100018498942024-05-100001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Circor International, Inc. - Revolving Credit Facility Reference Rate and Spread S + 6.00% Interest Rate Floor 1.00% Interest Rate 11.35% Maturity Date 10/18/20292023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Consumer PetVet Care Centers - Delayed Draw Term Loan Reference Rate and Spread S + 6.00% Interest Rate Floor 0.75% Interest Rate 11.30% Maturity Date 11/15/20302024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Energy: Oil & Gas CITGO Petroleum Corp. Interest Rate 6.38% Maturity Date 6/15/20262024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate Highgate Hotels, L.P. - Revolving Credit Facility Reference Rate and Spread S + 5.50% Interest Rate Floor 1.00% Interest Rate 10.85% Maturity Date 10/26/20292023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Azurite Intermediate Holdings, Inc. Commitment Type Delayed Draw Commitment Expiration Date 3/18/20312024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals PetVet Care Centers - Delayed Draw Term Loan Reference Rate and Spread S + 6.00% Interest Rate Floor 0.75% Interest Rate 11.36% Maturity Date 11/15/20302023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Diversified & Production Candle Media Co Ltd Reference Rate and Spread S + 6.10% Interest Rate Floor 0.75% Interest Rate 11.41% (Incl 4.00% PIK) Maturity Date 6/18/20272024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Retail2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Press Ganey Holdings - 2022 Term Loan Reference Rate and Spread S + 3.85% Interest Rate Floor 0.75% Interest Rate 9.20% Maturity Date 7/25/20262023-01-012023-12-310001849894us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberck0001849894:DebtSecuritizationMemberck0001849894:ClassBNotesMember2023-11-150001849894Investments—non-controlled/non-affiliated First Lien Debt Momentive Global Commitment Type Revolver Commitment Expiration Date 5/31/20292023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Cargo Boasso Global - Delayed Draw Term Loan Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.07% Maturity Date 10/3/20242024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt K1 Speed Inc. Commitment Type Delayed Draw Commitment Expiration Date 1/2/20292024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business BDO USA, P.C. Reference Rate and Spread S + 6.00% Interest Rate Floor 2.00% Interest Rate 11.36% Maturity Date 8/31/20282023-01-012023-12-310001849894ck0001849894:JuneTwentyThreeTwoThousandTwentyTwoMemberck0001849894:SubscriptionAgreementsMember2024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Frontgrade Technologies Inc. - Revolving Credit Facility Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.08% Maturity Date 1/9/20282023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Bayer Environmental Services Reference Rate and Spread S + 4.38% Interest Rate Floor 0.50% Interest Rate 9.71% Maturity Date 10/4/20292024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Consumer goods: Non-durable Protective Industrial Products Inc. Reference Rate and Spread S + 8.36% Interest Rate Floor 1.00% Interest Rate 13.69% Maturity Date 12/30/20282024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Retail MED ParentCo, LP Reference Rate and Spread S + 4.36% Interest Rate Floor 0.00% Interest Rate 9.72% Maturity Date 8/31/20262023-12-310001849894ck0001849894:ChemicalsPlasticsAndRubberMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Automotive Titan Purchaser, Inc. Reference Rate and Spread S + 6.00% Interest Rate Floor 1.00% Interest Rate 11.34% Maturity Date 1/30/20302024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Charlotte Buyer, Inc. Reference Rate and Spread S + 5.25% Interest Rate Floor 0.00% Interest Rate 10.57% Maturity Date 2/11/20282024-03-310001849894Cash and Cash Equivalents2023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Boasso Global Commitment Type Delayed Draw Commitment Expiration Date 10/3/20242023-01-012023-12-310001849894ck0001849894:SpvIiFacilityMember2023-09-080001849894Investments Investments - non-controlled/non-affiliated First Lien Debt High Tech Industries Alteryx, Inc. - Revolving Credit Facility Reference Rate and Spread S + 6.50% Interest Rate Floor 0.75% Interest Rate 11.83% Maturity Date 3/18/20312024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Natural Partners, Inc. Reference Rate and Spread S + 4.65% Interest Rate Floor 1.00% Interest Rate 9.99% Maturity Date 11/29/20272024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Beverage, Food & Tobacco LJ Perimeter Buyer, Inc. - Delayed Draw Term Loan Reference Rate and Spread S + 6.65% Interest Rate Floor 1.00% Interest Rate 12.03% Maturity Date 10/31/20282023-12-310001849894us-gaap:CommonStockMember2023-01-012023-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Retail Xponential Fitness LLC Reference Rate and Spread S + 6.76% Interest Rate Floor 1.00% Interest Rate 12.14% Maturity Date 2/28/20252023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate Ardonagh Midco 3 PLC Reference Rate and Spread S + 4.75% Interest Rate Floor 0.50% Interest Rate 10.04% Maturity Date 2/15/20312024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure Sandlot Baseball Borrower Co. - Delayed Draw Term Loan Reference Rate and Spread S + 5.75% Interest Rate Floor 1.00% Interest Rate 11.08% Maturity Date 12/27/20282023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Wholesale DFS Holdings Company, Inc. - Delayed Draw Term Loan Reference Rate and Spread S + 7.10% Interest Rate Floor 0.75% Interest Rate 12.43% Maturity Date 1/31/20292024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Consumer Goods: Durable Victra Finance Corp. Reference Rate and Spread S + 6.50% Interest Rate Floor 0.75% Interest Rate 11.83% Maturity Date 3/31/20292024-03-310001849894us-gaap:CashAndCashEquivalentsMember2023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Azurite Intermediate Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 3/18/20312024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Containers, Packaging & Glass Confluent Holdings LLC Reference Rate and Spread S + 7.00% Interest Rate Floor 2.00% Interest Rate 12.31% Maturity Date 3/28/20292024-03-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Chemicals, Plastics & Rubber Hexion Holdings Corporation Reference Rate and Spread S + 7.54% Interest Rate Floor 0.50% Interest Rate 12.89% Maturity Date 3/15/20302023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt PetVet Care Centers Commitment Type Delayed Draw Commitment Expiration Date 11/15/20302024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Disa Holdings Corp. Commitment Type Revolver Commitment Expiration Date 9/9/20282024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Advertising, Printing & Publishing Emerald Exhibitions Reference Rate and Spread S + 5.10% Interest Rate Floor 0.00% Interest Rate 10.46% Maturity Date 5/22/20262023-01-012023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Disa Holdings Corp. Commitment Type Revolver Commitment Expiration Date 9/9/20282024-03-310001849894Portfolio Investments, Cash and Cash Equivalents2024-03-310001849894ck0001849894:FirstLienDebtMember2024-03-310001849894us-gaap:RetainedEarningsMember2022-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Wood Mackenzie, Inc. Commitment Type Revolver Commitment Expiration Date 2/1/20282023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Cargo2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business Momentive Global - Revolving Credit Facility Reference Rate and Spread S + 7.00% Interest Rate Floor 1.00% Interest Rate 12.35% Maturity Date 5/31/20292023-01-012023-12-310001849894Foreign Currency Forward Contracts One - Derivative Counterparty Macquarie Settlement Date December 20, 20232024-03-310001849894ck0001849894:MarchThirteenTwoThousandTwentyThreeMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Faraday Buyer, LLC Reference Rate and Spread S + 6.00% Interest Rate Floor 1.00% Interest Rate 11.31% Maturity Date 10/11/20282024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Frontgrade Technologies Inc. One Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.06% Maturity Date 1/9/20302024-03-310001849894us-gaap:HealthcareSectorMember2024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Total Unfunded Commitments2023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt High Tech Industries2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications Innovate Corp. Interest Rate 8.50% Maturity Date 2/1/20262023-12-310001849894ck0001849894:SecondLienDebtMemberus-gaap:FairValueInputsLevel3Member2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications Maxar Technologies Inc. - Revolving Credit Facility Reference Rate and Spread S + 7.25% Interest Rate Floor 1.00% Interest Rate 12.56% Maturity Date 5/3/20292024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Chromalloy Holdings LLC Reference Rate and Spread S + 7.00% Interest Rate Floor 1.00% Interest Rate 12.37% Maturity Date 11/23/20282023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Consumer CSC Serviceworks Reference Rate and Spread S + 4.26% Interest Rate Floor 0.75% Interest Rate 9.59% Maturity Date 3/4/20282024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Advertising, Printing & Publishing2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Cargo Boasso Global - Revolving Credit Facility Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.08% Maturity Date 7/1/20262023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Diversified & Production Candle Media Co Ltd -Delayed Draw Term Loan Reference Rate and Spread S + 6.10% Interest Rate Floor 0.75% Interest Rate 11.41% (Incl 4.00% PIK) Maturity Date 6/18/20272024-03-310001849894us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMemberck0001849894:SPVIFacilityMember2022-11-212022-11-210001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:MeasurementInputMarketYieldDiscountRateMemberck0001849894:ValuationTechniqueMarketYieldAnalysisMember2023-12-310001849894Foreign Currency Forward Contracts Two - Derivative Counterparty Macquarie Settlement Date December 20, 20232024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Beverage, Food & Tobacco LJ Perimeter Buyer, Inc. Reference Rate and Spread S + 6.65% Interest Rate Floor 1.00% Interest Rate 12.03% Maturity Date 10/31/20282023-12-3100018498942022-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Ardonagh Midco 3 PLC Commitment Type Delayed Draw Commitment Expiration Date 2/15/20312024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals2023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Systems Planning and Analysis, Inc. Commitment Type Revolver Commitment Expiration Date 8/16/20272023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Consumer Vision Purchaser Corp. Reference Rate and Spread S + 6.40% Interest Rate Floor 1.00% Interest Rate 11.75% Maturity Date 6/10/20252023-12-310001849894us-gaap:MoneyMarketFundsMember2024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Natural Partners, Inc. - Revolving Credit Facility Reference Rate and Spread S + 4.65% Interest Rate Floor 1.00% Interest Rate 9.95% Maturity Date 11/29/20272024-01-012024-03-310001849894ck0001849894:FirstLienDebtMember2024-03-310001849894ck0001849894:ManagementFeesTwoMembersrt:ScenarioForecastMember2024-01-012024-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Retail Xponential Fitness LLC Reference Rate and Spread S + 6.76% Interest Rate Floor 1.00% Interest Rate 12.09% Maturity Date 3/15/20262024-01-012024-03-310001849894 Investments Investments - non-controlled/non-affiliated First Lien Debt Wholesale DFS Holdings Company, Inc. Reference Rate and Spread S + 7.10% Interest Rate Floor 0.75% Interest Rate 12.46% Maturity Date 1/31/20292023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Consumer Virgin Atlantic Reference Rate and Spread S + 3.25% Interest Rate Floor 0.00% Interest Rate 8.91% Maturity Date 11/17/20262023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure Viad Corp. Reference Rate and Spread S + 5.11% Interest Rate Floor 0.50% Interest Rate 10.44% Maturity Date 7/30/20282024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications Innovate Corp. Interest Rate 8.50% Maturity Date 2/1/20262024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business2024-03-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Services: Consumer2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Systems Planning and Analysis, Inc. - Revolving Credit Facility Reference Rate and Spread S + 6.15% Interest Rate Floor 1.00% Interest Rate 11.31% Maturity Date 8/16/20272023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense2024-03-310001849894Cash and Cash Equivalents Cash and Cash Equivalents2024-03-310001849894ck0001849894:HighTechIndustriesMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business Travelport Finance (Luxembourg) S.A.R.L. Reference Rate and Spread S + 8.26% Interest Rate Floor 1.00% Interest Rate 13.61% (6.61% PIK) Maturity Date 9/30/20282024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure Viad Corp. Reference Rate and Spread S + 5.11% Interest Rate Floor 0.50% Interest Rate 10.47% Maturity Date 7/30/20282023-01-012023-12-310001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Member2022-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure Chuck E. Cheese Interest Rate 6.75% Maturity Date 5/1/20262024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business Wood Mackenzie, Inc. - Revolving Credit Facility Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.08% Maturity Date 2/1/20282023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate Highgate Hotels, L.P. - Revolving Credit Facility Reference Rate and Spread S + 5.50% Interest Rate Floor 1.00% Interest Rate 10.80% Maturity Date 10/26/20292024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business BDO USA, P.C. Reference Rate and Spread S + 6.00% Interest Rate Floor 2.00% Interest Rate 11.33% Maturity Date 8/31/20282024-01-012024-03-310001849894country:GB2024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Energy: Oil & Gas Saturn Oil and Gas Inc. Reference Rate and Spread C + 11.50% Interest Rate Floor 1.00% Interest Rate 16.83% Maturity Date 2/28/20262024-03-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Telecommunications FirstLight Fiber - 2nd Lien Term Loan Reference Rate and Spread S + 7.61% Interest Rate Floor 0.00% Interest Rate 12.97% Maturity Date 7/23/20262023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Faraday Buyer, LLC Reference Rate and Spread S + 6.00% Interest Rate Floor 1.00% Interest Rate 11.33% Maturity Date 10/11/20282023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Services: Business Trace3 Inc. Reference Rate and Spread L + 7.76% Interest Rate Floor 0.50% Interest Rate 13.17% Maturity Date 10/8/20292023-01-012023-12-310001849894ck0001849894:SpvIiFacilityMember2023-08-152023-08-150001849894ck0001849894:SubscriptionFacilityMember2021-12-212021-12-210001849894us-gaap:AdditionalPaidInCapitalMember2023-01-012023-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure K1 Speed Inc. - Delayed Draw Term Loan Reference Rate and Spread S + 6.25% Interest Rate Floor 1.00% Interest Rate 11.55% Maturity Date 1/2/20292024-01-012024-03-310001849894ck0001849894:MarchEightTwoThousandTwentyThreeMemberck0001849894:SubscriptionAgreementsMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Chemicals, Plastics & Rubber Hexion Holdings Corporation Reference Rate and Spread S + 7.54% Interest Rate Floor 0.50% Interest Rate 12.87% Maturity Date 3/15/20302024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate Accession Risk Management - Delayed Draw Term Loan Reference Rate and Spread S + 6.00% Interest Rate Floor 0.75% Interest Rate 11.43% Maturity Date 11/1/20292023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Energy: Oil & Gas Saturn Oil and Gas Inc. Reference Rate and Spread C + 11.50% Interest Rate Floor 1.00% Interest Rate 16.94% Maturity Date 2/28/20262023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate Ardonagh Midco 3 PLC - Delayed Draw Term Loan Reference Rate and Spread S + 4.75% Interest Rate Floor 0.50% Interest Rate 10.05% Maturity Date 2/15/20312024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt DFS Holding Company Commitment Type Delayed Draw Commitment Expiration Date 1/31/20292024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt K1 Speed Inc. Commitment Type Delayed Draw Commitment Expiration Date 1/2/20292024-01-012024-03-310001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:MeasurementInputMarketYieldDiscountRateMembersrt:MinimumMemberck0001849894:ValuationTechniqueMarketYieldAnalysisMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt High Tech Industries Alteryx, Inc. - Revolving Credit Facility Reference Rate and Spread S + 6.50% Interest Rate Floor 0.75% Interest Rate 11.83% Maturity Date 3/18/20312024-01-012024-03-310001849894us-gaap:SeriesAPreferredStockMember2023-11-290001849894ck0001849894:MediaAdvertisingPrintingAndPublishingMember2024-03-310001849894ck0001849894:AprilFifteenTwoThousandTwentyTwoMember2024-01-012024-03-310001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:MeasurementInputMarketYieldDiscountRateMemberck0001849894:ValuationTechniqueMarketYieldAnalysisMembersrt:WeightedAverageMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt High Tech Industries2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Frontgrade Technologies Inc. Reference Rate and Spread S + 6.75% Interest Rate Floor 0.75% Interest Rate 12.10% Maturity Date 1/9/20302023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Media: Diversified & Production Getty Images Inc. Reference Rate and Spread S + 4.60% Interest Rate Floor 0.00% Interest Rate 9.91% Maturity Date 2/19/20262024-01-012024-03-310001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:ValuationTechniqueRecentTransactionMembersrt:MinimumMemberck0001849894:MeasurementInputTransactionPriceMember2023-12-310001849894ck0001849894:AprilSeventeenTwoThousandTwentyThreeMember2024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Telecommunications Maxar Technologies Inc. Reference Rate and Spread S + 7.25% Interest Rate Floor 1.00% Interest Rate 12.60% Maturity Date 5/3/20302023-12-310001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Member2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Trillium FlowControl Reference Rate and Spread S + 5.76% Interest Rate Floor 1.00% Interest Rate 11.07% Maturity Date 6/28/20262024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt LJ Perimeter Buyer, Inc Commitment Type Delayed Draw Commitment Expiration Date 10/31/20282024-03-310001849894ck0001849894:DistributionMadeOnFirstBusinessDayOfAprilMember2024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Galway Borrower LLC Commitment Type Delayed Draw Commitment Expiration Date 9/30/20282024-03-310001849894ck0001849894:SecondLienDebtMemberus-gaap:FairValueInputsLevel2Member2023-12-310001849894country:US2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate Foundation Risk Partners - Delayed Draw Term Loan Reference Rate and Spread S + 5.60% Interest Rate Floor 0.75% Interest Rate 10.91% Maturity Date 10/29/20282024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Azurite Intermediate Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 3/18/20312024-03-310001849894us-gaap:MeasurementInputPriceVolatilityMemberus-gaap:FairValueInputsLevel3Memberck0001849894:ValuationTechniqueBlackScholesMemberck0001849894:PreferredEquityMembersrt:WeightedAverageMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Circor International, Inc. Reference Rate and Spread S + 6.00% Interest Rate Floor 1.00% Interest Rate 11.30% Maturity Date 10/18/20302024-03-310001849894srt:MaximumMemberck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:ValuationTechniqueRecentTransactionMemberck0001849894:MeasurementInputTransactionPriceMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure TouchTunes Reference Rate and Spread S + 5.00% Interest Rate Floor 0.50% Interest Rate 10.03% Maturity Date 4/2/20292024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Retail MED ParentCo, LP Reference Rate and Spread S + 4.36% Interest Rate Floor 0.00% Interest Rate 9.69% Maturity Date 8/31/20262024-01-012024-03-310001849894us-gaap:RetainedEarningsMember2023-03-310001849894us-gaap:CashAndCashEquivalentsMember2024-03-310001849894ck0001849894:SecondLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:MeasurementInputMarketYieldDiscountRateMemberck0001849894:ValuationTechniqueMarketYieldAnalysisMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Beverage, Food & Tobacco LJ Perimeter Buyer, Inc. Reference Rate and Spread S + 6.65% Interest Rate Floor 1.00% Interest Rate 11.96% Maturity Date 10/31/20282024-01-012024-03-310001849894us-gaap:InvestmentUnaffiliatedIssuerMember2023-01-012023-03-310001849894us-gaap:SeriesAPreferredStockMember2023-11-292023-11-290001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Natural Partners, Inc. Reference Rate and Spread S + 4.65% Interest Rate Floor 1.00% Interest Rate 10.04% Maturity Date 11/29/20272023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate Highgate Hotels, L.P. Reference Rate and Spread S + 5.50% Interest Rate Floor 1.00% Interest Rate 10.84% Maturity Date 11/5/20292023-12-310001849894ck0001849894:ConsumerGoodsNonDurableMember2024-03-310001849894us-gaap:RetainedEarningsMember2024-03-310001849894srt:ScenarioForecastMember2024-01-012024-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Hotel, Gaming & Leisure Sandlot Baseball Borrower Co. - Delayed Draw Term Loan Reference Rate and Spread S + 5.75% Interest Rate Floor 1.00% Interest Rate 11.08% Maturity Date 12/27/20282023-01-012023-12-310001849894ck0001849894:AugustEightTwoThousandTwentyThreeMemberck0001849894:SubscriptionAgreementsMember2024-01-012024-03-310001849894ck0001849894:ContainersPackagingAndGlassMember2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business BDO USA, P.C. Reference Rate and Spread S + 6.00% Interest Rate Floor 2.00% Interest Rate 11.33% Maturity Date 8/31/20282024-03-310001849894Investments Investments - non-controlled/non-affiliated Preferred Equity Banking, Finance, Insurance & Real Estate Accession Risk Management - Preferred Stock Interest Rate 13.25% PIK2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Transportation: Consumer Beacon Mobility Corp. Reference Rate and Spread S + 8.60% Interest Rate Floor 0.00% Interest Rate 13.89% PIK Maturity Date 12/31/20252024-01-012024-03-310001849894ck0001849894:BankingFinanceInsuranceAndRealestateMember2023-12-310001849894ck0001849894:OctoberSeventeenTwoThousandTwentyTwoMember2024-01-012024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense Systems Planning and Analysis, Inc. - Delayed Draw Term Loan A Reference Rate and Spread S + 6.15% Interest Rate Floor 0.00% Interest Rate 11.23% Maturity Date 8/16/20272024-03-310001849894srt:MaximumMemberck0001849894:RepurchaseObligationsMemberck0001849894:MacquarieBankLimitedMember2023-01-012023-12-310001849894us-gaap:MeasurementInputPriceVolatilityMemberus-gaap:FairValueInputsLevel3Memberck0001849894:ValuationTechniqueBlackScholesMembersrt:MinimumMemberck0001849894:PreferredEquityMember2024-03-310001849894ck0001849894:SubscriptionFacilityMemberck0001849894:BloombergShortTermBankYieldIndexMember2023-12-312023-12-310001849894ck0001849894:PreferredEquityMember2023-12-310001849894Foreign Currency Forward Contracts One - Derivative Counterparty Macquarie Settlement Date March 20, 20242023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Capital Equipment Neptune Platform Buyer, LLC - Delayed Draw Term Loan Reference Rate and Spread S + 5.25% Interest Rate Floor 0.75% Interest Rate 10.55% Maturity Date 1/19/20312024-01-012024-03-310001849894ck0001849894:FirstLienDebtMemberus-gaap:FairValueInputsLevel3Member2023-03-310001849894Foreign Currency Forward Contracts One - Derivative Counterparty Macquarie Settlement Date June 20, 20242024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Circor International, Inc. Commitment Type Revolver Commitment Expiration Date 10/18/20292023-12-310001849894us-gaap:AdditionalPaidInCapitalMember2023-03-310001849894ck0001849894:SecondLienDebtMemberus-gaap:FairValueInputsLevel3Memberck0001849894:MeasurementInputMarketYieldDiscountRateMembersrt:MinimumMemberck0001849894:ValuationTechniqueMarketYieldAnalysisMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Containers, Packaging & Glass2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate Highgate Hotels, L.P. Reference Rate and Spread S + 5.50% Interest Rate Floor 1.00% Interest Rate 10.81% Maturity Date 11/5/20292024-03-310001849894Investments Investments - non-controlled/non-affiliated Second Lien Debt Services: Consumer2024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business DISA Holdings Corp. Reference Rate and Spread S + 5.00% Interest Rate Floor 0.50% Interest Rate 10.34% Maturity Date 9/9/20282024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Healthcare & Pharmaceuticals Natural Partners, Inc. Reference Rate and Spread S + 4.65% Interest Rate Floor 1.00% Interest Rate 9.99% Maturity Date 11/29/20272024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Banking, Finance, Insurance & Real Estate Galway Borrower LLC - Revolving Credit Facility Reference Rate and Spread S + 5.35% Interest Rate Floor 0.75% Interest Rate 10.66% Maturity Date 9/30/20282024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Circor International, Inc. Commitment Type Revolver Commitment Expiration Date 10/18/20292024-03-310001849894us-gaap:FairValueInputsLevel3Member2022-12-310001849894country:GB2024-03-310001849894ck0001849894:SPVIFacilityMember2023-01-012023-12-310001849894ck0001849894:MediaAdvertisingPrintingAndPublishingMember2023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Aerospace & Defense The Nordam Group Inc. Reference Rate and Spread S + 5.60% Interest Rate Floor 0.00% Interest Rate 10.93% Maturity Date 4/9/20262024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt High Tech Industries Alteryx, Inc. - Delayed Draw Term Loan Reference Rate and Spread S + 6.50% Interest Rate Floor 0.75% Interest Rate 11.83% Maturity Date 3/18/20312024-03-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Automobile McLaren Finance PLC Interest Rate 7.50% Maturity Date 8/1/20262023-12-310001849894Investments—non-controlled/non-affiliated First Lien Debt Boasso Global Commitment Type Delayed Draw Commitment Expiration Date 10/3/20242023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Business Momentive Global - Revolving Credit Facility Reference Rate and Spread S + 7.00% Interest Rate Floor 1.00% Interest Rate 12.33% Maturity Date 5/31/20292024-01-012024-03-310001849894Investments—non-controlled/non-affiliated First Lien Debt Natural Partners, Inc. Commitment Type Revolver Commitment Expiration Date 11/29/20272023-01-012023-12-310001849894Investments Investments - non-controlled/non-affiliated First Lien Debt Services: Consumer PetVet Care Centers - Revolving Credit Facility Reference Rate and Spread S + 6.00% Interest Rate Floor 0.75% Interest Rate 11.30% Maturity Date 11/15/20292024-03-310001849894ck0001849894:SPVIFacilityMember2024-01-012024-03-310001849894ck0001849894:SeptemberTwentyEightTwoThousandTwentyThreeMember2024-01-012024-03-310001849894srt:MaximumMemberus-gaap:MeasurementInputPriceVolatilityMemberus-gaap:FairValueInputsLevel3Memberck0001849894:ValuationTechniqueBlackScholesMemberck0001849894:PreferredEquityMember2023-12-310001849894us-gaap:RetainedEarningsMember2024-01-012024-03-31ck0001849894:Investmentiso4217:EURxbrli:purexbrli:sharesiso4217:CADiso4217:GBPiso4217:USD
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________________________________________________________
FORM 10-Q
_______________________________________________________________________
(Mark One)
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QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the quarterly period ended March 31, 2024
OR
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TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
Commission File Number 814-01481
_______________________________________________________________________
MSD Investment Corp.
(Exact name of Registrant as specified in its Charter)
_______________________________________________________________________
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Maryland |
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87-4195402 |
(State or other jurisdiction of incorporation or organization) |
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(I.R.S. Employer Identification No.) |
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One Vanderbilt Avenue, 26th Floor New York, New York |
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10017 |
(Address of principal executive offices) |
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(Zip Code) |
212-303-4728
Registrant’s telephone number, including area code:
_______________________________________________________________________
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class |
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Trading Symbol(s) |
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Name of each exchange on which registered |
None |
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None |
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None |
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, 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:
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Large accelerated filer |
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Accelerated filer |
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Non-accelerated filer |
☒ |
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Smaller reporting company |
☐ |
Emerging growth company |
☒ |
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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 Act). YES ☐ NO ☒
The number of shares of Registrant’s Common Stock, $0.001 par value per share, outstanding as of May 10, 2024 was 50,590,553.
Table of Contents
CERTAIN DEFINITIONS
· the terms “we,” “us,” “our,” and “Company” refer to MSD Investment, LLC prior to the Corporate Conversion (as defined below) and MSD Investment Corp. after the Corporate Conversion;
· the terms “Adviser” and “MSD” refer to MSD Partners, L.P., a Delaware limited partnership, in its capacity as our investment adviser; and the term “Administrator” refers to MSD Partners, L.P., a Delaware limited partnership, in its capacity as our administrator.
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 MSD Investment Corp. (together, with its consolidated subsidiaries, the “Company,” “we,” “us” 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;
•an economic downturn could also impact availability and pricing of our financing and our ability to access the debt 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 replacement of the London Inter-Bank Offered Rate (“LIBOR”) with alternate rates and the rising interest rate environment, could adversely affect our results, particularly if we elect to 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 limited operating history as a business development company (“BDC”);
•our future operating results;
•the impact of rising interest and inflation rates and the risk of recession on our business prospects and the prospects of our portfolio companies;
•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;
•the loss of key personnel;
•the adequacy of our cash resources, financing sources and working capital;
•the timing and amount of cash flows, distributions and dividends, if any, from our portfolio companies;
•our use of financial leverage;
•risks related to the uncertainty of the value of our portfolio investments;
•the impact of geopolitical conditions, including revolution, insurgency, terrorism or war, including those arising out of the ongoing war between Russia and Ukraine, ongoing conflict in the Middle East, and general uncertainty surrounding the financial and political stability of the United States, the United Kingdom, the European Union, China, and other countries;
•the impact that environmental, social, and governance matters could have on our brand and reputation and our portfolio companies;
•the ability of MSD Partners, L.P. (the “Adviser”) to source suitable investments for us and to monitor and administer our investments;
•the ability of the Adviser or its affiliates to attract and retain highly talented professionals;
•our ability to qualify for and maintain our qualification, for U.S. Federal income tax purposes, as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”), and our ability to operate as a BDC;
•the effect of legal, tax and regulatory changes on our business and our portfolio companies; and
•other risks, uncertainties and other factors previously identified in the reports and other documents we have filed with the Securities and Exchange Commission (the “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. We do not undertake any obligation to update or revise any forward-looking statements or any other information contained herein, except as required by applicable law. The safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which preclude civil liability for certain forward-looking statements, do not apply to the forward-looking statements in this report because we are an investment company. In addition to the other information set forth in this report, you should carefully consider the risk factors set forth in our most recent Annual Report on Form 10-K filed with the SEC on March 25, 2024, which is accessible on the SEC’s website at sec.gov. These factors could materially affect our business, financial condition and/or operating results.
MSD Investment Corp.
Consolidated Statements of Assets and Liabilities
(in thousands, except share and per share amounts)
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March 31, 2024 |
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December 31, 2023 |
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(Unaudited) |
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ASSETS |
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Non-controlled/non-affiliated investments, at fair value (1) |
$ |
2,549,352 |
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$ |
2,197,053 |
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Cash and cash equivalents |
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139,687 |
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98,606 |
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Subscription receivable |
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98,239 |
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— |
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Interest and dividends receivable |
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20,530 |
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|
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19,276 |
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Principal receivable |
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9,259 |
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— |
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Unrealized appreciation on forward contracts |
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151 |
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— |
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Prepaid expenses and other assets |
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94 |
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1,128 |
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Total assets |
$ |
2,817,312 |
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$ |
2,316,063 |
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LIABILITIES |
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SPV I facility |
$ |
449,000 |
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$ |
378,000 |
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SPV II facility |
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424,000 |
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295,000 |
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Collateralized loan obligations |
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390,000 |
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390,000 |
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Subscription facility |
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100,000 |
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3 |