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Consolidated Statement of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Dec. 31, 2022
Dec. 31, 2024
Dec. 31, 2023
Income                          
Interest from investments                     $ 17,050 $ 592,789 $ 222,295
Investment, Type [Extensible Enumeration] Non Controlled Non Affiliated Investments [Member]       Non Controlled Non Affiliated Investments [Member]       Non Controlled Non Affiliated Investments [Member]   Non Controlled Non Affiliated Investments [Member] Non Controlled Non Affiliated Investments [Member] Non Controlled Non Affiliated Investments [Member]
Paid-in-kind interest income                       $ 34,694 $ 14,426
Dividend income                       5,294  
Other income                     $ 104 35,987 9,352
Total Investment Income $ 200,820 $ 178,888 $ 157,464 $ 131,592 $ 90,782 $ 66,482 $ 57,788 $ 31,021 $ 16,189 $ 966 17,154 668,764 246,073
Expenses                          
Interest                     5,233 191,989 72,356
Management fees                     2,668 67,847 25,225
Incentive fees on net investment income                     1,028 54,664 19,289
Incentive fees on net capital gains (losses)                       17,803 6,746
Organizational expense                     2,160   49
Offering expense                     102 1,359 1,079
Professional fees                     963 5,563 3,245
Trustees' fees                     263 479 743
Other general and administrative                     919 5,839 4,304
Total expenses                     13,336 345,543 133,036
Management fees waived (Note 3)                     (1,992) (43,796) (16,742)
Net Expenses 95,824 [1] 78,022 [1] 71,191 [1] 56,710 [1] 41,660 [1] 34,026 [1] 24,962 [1] 15,646 [1] 8,948 [1] 1,673 [1] 11,344 301,747 116,294
Net Investment Income Before Income Taxes                     5,810 367,017 129,779
Income taxes, including excise taxes                     220 2,169 1,500
Net Investment Income 104,995 100,866 86,265 72,722 48,686 32,056 32,421 15,115 7,241 [2] (707) [2] 5,590 364,848 128,279
Net change in unrealized gains (losses):                          
Non-controlled, non-affiliated investments                     (229) 102,963 61,554
Translation of other assets and liabilities in foreign currencies                     (1,434) 31,061 (4,799)
Total net change in unrealized gains (losses)                     (1,663) 134,024 56,755
Realized gains (losses):                          
Non-controlled, non-affiliated investments                       3,734  
Foreign currency transactions                     (80) 3,334 (1,045)
Total net realized gains (losses)                     (80) 7,068 (1,045)
Total Net Unrealized and Realized Gains (Losses) 68,646 26,114 21,329 25,003 12,750 29,447 410 13,103 (2,120) 377 (1,743) 141,092 55,710
Increase (Decrease) in Net Assets Resulting from Operations $ 173,641 $ 126,980 $ 107,594 $ 97,725 $ 61,437 $ 61,503 $ 32,831 $ 28,218 $ 5,120 $ (330) $ 3,847 $ 505,940 $ 183,989
Earnings per common share-basic                     $ 0.55 $ 5.61 $ 5.3
Weighted average common shares outstanding-basic                     7,034,869 [3] 90,180,335 34,746,777
Earnings per common share-diluted                     $ 0.55 $ 5.61 $ 5.3
Weighted average common shares outstanding-diluted                     7,034,869 [3] 90,180,335 34,746,777
[1] Net expenses include income taxes, including any excise taxes.
[2] Net investment income excludes $(943) of expenses incurred at formation.
[3] Weighted average shares of Common Shares outstanding are calculated from the Commencement of Operations through December 31, 2022.