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Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
From non-controlled/non-affiliated and controlled/affiliated investments:        
Total investment income $ 36,668,037 $ 18,996,723 $ 87,511,387 $ 48,539,639
Expenses:        
Interest and credit facility fees 7,879,439 5,753,081 21,146,419 16,756,782
Management fees 1,848,394 1,147,137 5,043,743 2,763,043
Income incentive fee 3,147,865 1,295,382 6,920,566 3,005,154
Capital gain incentive fees (461,675) (151,781) (371,180) (78,801)
Professional fees 772,831 630,870 2,605,977 1,853,154
Amortization of continuous offering costs 96,807 403,495 569,023 1,108,429
Administrative services expense 266,043 270,203 767,167 803,951
Amortization of deferred financing costs 204,479 173,480 570,931 516,669
Reimbursable expenses to Advisor 209,870 0 209,870 0
Directors' fees and expenses 100,000 100,000 300,000 300,000
Other expenses 317,676 155,402 704,031 402,057
Total expenses 14,381,729 9,777,269 38,466,547 27,430,438
Expenses waived by the Advisor (Note 3) 0 (203,057) (162,124) (1,090,004)
Net expenses 14,381,729 9,574,212 38,304,423 26,340,434
Net investment income 22,286,308 [1] 9,422,511 [2],[3] 49,206,964 [1] 22,199,205 [2],[3]
Net change in unrealized appreciation (depreciation):        
Derivative instruments (Note 5) 177,725 (599,133) (875,296) (587,496)
Foreign currency transactions (63,631) 696,538 2,194,761 686,533
Net change in unrealized appreciation (depreciation) (8,050,646) [1] (1,661,473) [2],[3] (8,493,524) [1] (2,572,677) [2],[3]
Realized gain (loss):        
Realized gain (loss), Non-controlled/non-affiliated investments     6,144,647 2,138,708
Derivative instruments (Note 5) 0 0 (1,083,416) 0
Foreign currency transactions (369) 0 14,689 (1,621)
Net realized gain (loss) 4,305,750 [1] 479,918 [2],[3] 5,075,920 [1] 2,137,087 [2],[3]
Net realized and unrealized gain (loss) (3,744,896) (1,181,555) (3,417,604) (435,590)
Net increase (decrease) in net assets resulting from operations 18,541,412 [1] 8,240,956 [2],[3] 45,789,360 [1] 21,763,615 [2],[3]
Non-controlled/Non-affiliated Investments [Member]        
From non-controlled/non-affiliated and controlled/affiliated investments:        
Interest income 35,881,191 18,493,403 85,666,174 47,011,382
Dividend income 464,628 472,604 1,378,831 1,407,538
Fee income 59,290 30,716 203,454 120,719
Total investment income 36,405,109 18,996,723 87,248,459 48,539,639
Net change in unrealized appreciation (depreciation):        
Net change in unrealized appreciation (depreciation) (9,096,076) (1,758,878) (10,744,325) (2,671,714)
Realized gain (loss):        
Realized gain (loss), Non-controlled/non-affiliated investments 4,306,119 479,918 6,144,647 2,138,708
Controlled/affiliated Investments [Member]        
From non-controlled/non-affiliated and controlled/affiliated investments:        
Interest income 262,928 0 262,928 0
Total investment income 262,928 0 262,928 0
Net change in unrealized appreciation (depreciation):        
Net change in unrealized appreciation (depreciation) $ 931,336 $ 0 $ 931,336 $ 0
[1] There were no Class D shares outstanding as of September 30, 2025.
[2] Common Shares issued and outstanding as of June 23, 2024, were issued pursuant to the Private Offering. As part of the Public Offering effective June 24, 2024, the Common Shares issued pursuant to the Private Offering became Class I shares. Common Shares issued pursuant to the Private Offering are reclassified as Class I shares to conform with current period presentation.
[3] There were no Class S or Class D shares outstanding as of September 30, 2024.