Net Assets (Tables)

9 Months Ended

Sep. 30, 2024

Net Assets [Abstract]

Summary of Transactions in Common Shares

The following table summarizes transactions in Common Shares during the three and nine months ended September 30, 2024:

	For the Three Months Ended September 30, 2024				For the Nine Months Ended September 30, 2024(1)
	Shares		Amount		Shares		Amount
Class I
Subscriptions		2,562,447	$	52,869,000		7,653,222	$	157,391,157
Share transfers between classes		—	$	—		—	$	—
Distributions reinvested		334,457	$	6,762,718		973,395	$	19,888,261
Share repurchases		—	$	—		—	$	—
Early repurchase deduction		—	$	—		—	$	—
Net increase (decrease)		2,896,904	$	59,631,718		8,626,617	$	177,279,418
Class S(2)
Subscriptions		—	$	—		—	$	—
Share transfers between classes		—	$	—		—	$	—
Distributions reinvested		—	$	—		—	$	—
Share repurchases		—	$	—		—	$	—
Early repurchase deduction		—	$	—		—	$	—
Net increase (decrease)		—	$	—		—	$	—
Class D(2)
Subscriptions		—	$	—		—	$	—
Share transfers between classes		—	$	—		—	$	—
Distributions reinvested		—	$	—		—	$	—
Share repurchases		—	$	—		—	$	—
Early repurchase deduction		—	$	—		—	$	—
Net increase (decrease)		—	$	—		—	$	—

(1) Transactions in Common Shares for the nine months ended September 30, 2024 includes the issuances of Common Shares under the Private Offering, which were made pursuant to Subscription Agreements entered into with participating investors during the nine months ended September 30, 2024. All Common Shares issued under the Private Offering are now classified as Class I shares.

(2) There were no Class S or Class D shares outstanding for the period ended September 30, 2024.

The following table summarizes transactions in Common Shares during the three and nine months ended September 30, 2023:

	Three Months Ended September 30, 2023(1)				For the Nine Months Ended September 30, 2023(1)
	Shares		Amount		Shares		Amount
Class I
Subscriptions		21,038	$	424,300		10,490,588	$	208,601,300
Share transfers between classes		—	$	—		—	$	—
Distributions reinvested		123,021	$	3,037,048		278,368	$	5,536,831
Share repurchases		—	$	—		—	$	—
Early repurchase deduction		—	$	—		—	$	—
Net increase (decrease)		144,059	$	3,461,348		10,768,956	$	214,138,131

(1) Transactions in Common Shares for the three and nine months ended September 30, 2023 represents issuances of Common Shares under the Private Offering, which were made pursuant to Subscription Agreements entered into with participating investors during the three and nine months ended September 30, 2023. Common Shares issued pursuant to the Private Offering are reclassified as Class I shares to conform with current period presentation.

Summary of Net Asset Value Per Share

The following table summarizes each month-end net asset value per share for Class I, Class S, and Class D Common Shares of beneficial interest during the nine months ended September 30, 2024 and 2023:

	Net Asset Value Per Share
For the Months Ended	Class I		Class S(1)		Class D(1)
January 31, 2024	$	20.72	$	—	$	—
February 29, 2024		20.87		—		—
March 31, 2024		20.58		—		—
April 30, 2024		20.72		—		—
May 31, 2024		20.31		—		—
June 30, 2024		20.48		—		—
July 31, 2024		20.64		—		—
August 31, 2024		20.22		—		—
September 30, 2024		20.37		—		—

(1) There were no Class S or Class D shares outstanding for the nine months ended and as of September 30, 2024.

	Net Asset Value Per Share
For the Months Ended	Class I(1)
February 28, 2023	$	19.80
March 31, 2023		19.78
April 30, 2023		19.87
May 31, 2023		19.55
June 30, 2023		20.06
July 31, 2023		20.32
August 31, 2023		20.13
September 30, 2023		20.39

(1) Common Shares issued during the three and nine months ended September 30, 2023 relate to the Private Offering and became Class I shares as part of Public Offering effective June 24, 2024. Common Shares issued pursuant to the Private Offering are reclassified as Class I shares to conform with current period presentation.

Distribution Declarations and Common Shares Issued

The following tables summarize the distributions paid and Common Shares issued pursuant to the DRP for the nine months ended September 30, 2024 and September 30, 2023, respectively:

			Class I
Date Declared	Record Date	Payment Date	Amount Per Share		Distribution Declared		DRP Shares Issued		Value of DRP Shares Issued
August 12, 2024	August 12, 2024	September 26, 2024	$	0.56	$	10,656,800		334,457	$	6,762,718
May 13, 2024	May 13, 2024	June 26, 2024	$	0.58	$	8,136,028		263,981	$	5,361,226
March 26, 2024	March 26, 2024	March 28, 2024	$	0.57	$	6,414,447		195,395	$	4,077,919
December 29, 2023	December 31, 2023	January 30, 2024	$	0.04	$	431,411		12,826	$	263,317
November 10, 2023	December 31, 2023	January 30, 2024	$	0.52	$	5,608,339		166,736	$	3,423,081
					$	31,247,025			$	19,888,261

Of the total distributions paid during the three and nine months ended September 30, 2024, $3,894,082 and $11,358,764 was distributed in cash, respectively. Of the total distributions paid for the nine months ended September 30, 2024 $2,353,352 was payable as of December 31, 2023.

			Class I(1)
Date Declared	Record Date	Payment Date	Amount Per Share		Distribution Declared		DRP Shares Issued		Value of DRP Shares Issued
August 7, 2023	August 7, 2023	August 22, 2023	$	0.38	$	4,040,011		123,021	$	3,037,048
May 9, 2023	May 9, 2023	June 29, 2023	$	0.30	$	3,139,941		155,347	$	2,499,783
					$	7,179,952			$	5,536,831

(1) Common Shares issued during the three and nine months ended September 30, 2023 relate to the Private Offering and became Class I shares as part of Public Offering effective June 24, 2024. Common Shares issued pursuant to the Private Offering are reclassified as Class I shares to conform with current period presentation.

Sources of Cash Distributions

The following table presents the sources of distributions on a GAAP basis that the Company declared on its Common Shares for the nine months ended September 30, 2024 and September 30, 2023, respectively:

	For the Nine Months Ended September 30,
	2024(1)				2023
	Class I				Class I(2)
	Per Share		Amount		Per Share		Amount
Net investment income		1.14	$	22,199,205		0.63	$	6,743,100
Net realized gains		0.11		2,137,087		0.05		436,852
Distributions in excess of net investment income		0.04		870,983		0.00		—
Total		1.29	$	25,207,275		0.68	$	7,179,952

(1) There were no Class S or Class D shares outstanding for the nine months ended and as of September 30, 2024.

(2) Common Shares issued during the nine months ended September 30, 2023 relate to the Private Offering and became Class I shares as part of Public Offering effective June 24, 2024. Common Shares issued pursuant to the Private Offering are reclassified as Class I shares to conform with current period presentation.