XML 17 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues [Abstract]    
Non-control/Non-affiliate investments $ 67,737 $ 14,095
Interest on cash and cash equivalents 2,835 173
Total interest income 70,572 14,268
Total PIK interest income 621 527
Total fee income 401 87
Total investment income 71,594 14,882
Expenses:    
Base management fee 5,756 1,396
Investment income incentive fee 5,754 1,240
Capital gains incentive fee 2,141 0
Professional fees 835 398
Class S and Class D distribution and shareholder servicing fees 1,281 199
Board of trustees fees 91 66
Organization expenses 0 4
Amortization of continuous offering costs 222 848
Interest expense 17,740 2,806
Administrator expense 302 144
General and administrative expenses 624 178
Total expenses 34,746 7,279
Management and incentive fees waived (Note 9) 0 (1,642)
Expense reimbursements (support) (Note 9) 1,045 (852)
Net expenses 35,791 4,785
Net investment income 35,803 10,097
Unrealized appreciation (depreciation):    
Non-control/Non-affiliate investments 21,777 (2,361)
Foreign currency forward contracts (4,858) (481)
Net unrealized appreciation (depreciation) 16,919 (2,842)
Realized gains (losses):    
Non-control/Non-affiliate investments (1,078) (637)
Foreign currency forward contracts 1,531 (23)
Net realized gains (losses) 453 (660)
Provision for income tax (expense) benefit (241) (51)
Net realized and unrealized gains (losses), net of taxes 17,131 (3,553)
Net increase (decrease) in net assets resulting from operations $ 52,934 $ 6,544