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Cybersecurity Risk Management, Strategy, and Governance
12 Months Ended
Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]  
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]

Item 1C. Cybersecurity

 

Cybersecurity

 

The Company has processes in place to assess, identify, and manage material risks from cybersecurity threats. The Company’s business is dependent on the communications and information systems of the Advisor and other third-party service providers. The Advisor manages the Company’s day-to-day operations and has implemented a cybersecurity program that applies to the Company and its operations.

 

Cybersecurity Program Overview

 

The Advisor has instituted a cybersecurity program designed to identify, assess, and manage cyber risks applicable to the Company. The cyber risk management program involves risk assessments, implementation of security measures, and ongoing monitoring of systems and networks, including networks on which the Company relies. The Advisor actively monitors the current threat landscape in an effort to identify material risks arising from new and evolving cybersecurity threats, including material risks faced by the Company.

 

The Company relies on the Advisor to engage external experts, including cybersecurity assessors, consultants, and auditors to evaluate cybersecurity measures and risk management processes, including those applicable to the Company.

 

The Company relies on the Advisor’s risk management program and processes, which include cyber risk assessments.

 

The Company depends on and engages various third parties, including suppliers, vendors, and service providers, to operate its business. The Company relies on its Chief Compliance Officer (“CCO”) and the experience of risk management, legal, information technology, and compliance personnel of the Advisor when identifying and overseeing risks from cybersecurity threats associated with its use of such entities.

 

Board Oversight of Cybersecurity Risks

 

The Board provides strategic oversight on cybersecurity matters, including risks associated with cybersecurity threats. The Board receives periodic updates from the CCO, which incorporates updates provided by the CCO of the Advisor regarding the overall state of the Advisor’s cybersecurity program, information on the current threat landscape, and risks from cybersecurity threats and cybersecurity incidents impacting the Company.

 

Management’s Role in Cybersecurity Risk Management

 

The Company’s management, including the Company’s CCO, and the CCO of the Advisor, manage the Company’s cybersecurity program. The CCO is responsible for monitoring and reporting to the board about the Advisor’s compliance with its responsibilities for the Advisor’s and the Company’s cybersecurity program. The CCO has been responsible for this oversight function as CCO to the Company since inception and has worked in the financial services industry for more than 30 years, during which time the CCO has gained experience in assessing and managing risk applicable to the Company.

 

Management of the Company is informed about and monitors the prevention, detection, mitigation, and remediation of cybersecurity incidents impacting the Company, including through the receipt of notifications from service providers and reliance on communications with risk management, legal, information technology, and/or compliance personnel of the Advisor.

 

Assessment of Cybersecurity Risk

 

The potential impact of risks from cybersecurity threats on the Company are assessed on an ongoing basis, and how such risks could materially affect the Company’s business strategy, operational results, and financial condition are regularly evaluated. During the reporting period, the Company has not identified any risks from cybersecurity threats, including as a result of previous cybersecurity incidents, that the Company believes have materially affected, or are reasonably likely to materially affect, the Company, including its business strategy, operational results, and

financial condition.

Cybersecurity Risk Management Third Party Engaged [Flag] true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] false
Cybersecurity Risk Board of Directors Oversight [Text Block]

Board Oversight of Cybersecurity Risks

 

The Board provides strategic oversight on cybersecurity matters, including risks associated with cybersecurity threats. The Board receives periodic updates from the CCO, which incorporates updates provided by the CCO of the Advisor regarding the overall state of the Advisor’s cybersecurity program, information on the current threat landscape, and risks from cybersecurity threats and cybersecurity incidents impacting the Company.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block] The Board provides strategic oversight on cybersecurity matters, including risks associated with cybersecurity threats.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block] The Board receives periodic updates from the CCO, which incorporates updates provided by the CCO of the Advisor regarding the overall state of the Advisor’s cybersecurity program, information on the current threat landscape, and risks from cybersecurity threats and cybersecurity incidents impacting the Company.
Cybersecurity Risk Role of Management [Text Block]

Management’s Role in Cybersecurity Risk Management

 

The Company’s management, including the Company’s CCO, and the CCO of the Advisor, manage the Company’s cybersecurity program. The CCO is responsible for monitoring and reporting to the board about the Advisor’s compliance with its responsibilities for the Advisor’s and the Company’s cybersecurity program. The CCO has been responsible for this oversight function as CCO to the Company since inception and has worked in the financial services industry for more than 30 years, during which time the CCO has gained experience in assessing and managing risk applicable to the Company.

 

Management of the Company is informed about and monitors the prevention, detection, mitigation, and remediation of cybersecurity incidents impacting the Company, including through the receipt of notifications from service providers and reliance on communications with risk management, legal, information technology, and/or compliance personnel of the Advisor
Cybersecurity Risk Management Positions or Committees Responsible [Flag] true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block] The Company’s management, including the Company’s CCO, and the CCO of the Advisor, manage the Company’s cybersecurity program. The CCO is responsible for monitoring and reporting to the board about the Advisor’s compliance with its responsibilities for the Advisor’s and the Company’s cybersecurity program.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block] The CCO has been responsible for this oversight function as CCO to the Company since inception and has worked in the financial services industry for more than 30 years, during which time the CCO has gained experience in assessing and managing risk applicable to the Company.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]

Management of the Company is informed about and monitors the prevention, detection, mitigation, and remediation of cybersecurity incidents impacting the Company, including through the receipt of notifications from service providers and reliance on communications with risk management, legal, information technology, and/or compliance personnel of the Advisor.

Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] true