Consolidated Statements of Assets and Liabilities - USD ($) $ in Thousands		Dec. 31, 2024		Dec. 31, 2023
Assets
Investments, at fair value		$ 1,064,073	[1],[2]	$ 263,930	[3]
Cash		19,277		78,558
Foreign currency (amortized cost—$424 and $425, respectively)		416		433
Receivable for investments sold and repaid		216		210
Income receivable		10,401		3,204
Expense support receivable		0		436
Unrealized appreciation on foreign currency forward contracts		200		0
Deferred financing costs		3,659		3,781
Prepaid expenses and other assets		254		184
Total assets		1,098,496		350,736
Liabilities
Payable for investments purchased		23,746		8,400
Debt	[4]	229,355		94,231
Shareholders’ distributions payable		9,818		2,030
Organizational and offering costs payable		103		0
Accrued capital gains incentive fee	[5]	1,467		390
Administrative services expense payable		365		174
Accrued accounting and administrative fees		83		43
Interest payable		3,150		445
Other accrued expenses and liabilities		1,167		614
Total liabilities		269,254		106,327
Commitments and contingencies	[6]
Series A Preferred Shares, $0.001 par value, unlimited shares authorized, 0 and 515 shares issued and outstanding, respectively; liquidation preference of $0 and $515, respectively		0		515
Shareholders’ equity
Common Shares, $0.01 par value, unlimited shares authorized, 28,051,771 and 8,457,385 Class I shares issued and outstanding, respectively		281		85
Capital in excess of par value		815,969		238,811
Retained earnings (accumulated deficit)		12,992		4,998
Total shareholders’ equity		829,242	[1],[2]	243,894
Total liabilities, preferred shares and shareholders’ equity		$ 1,098,496		$ 350,736
Net asset value per share of common shares at period end (in dollars per share)		$ 29.56		$ 28.84
Non-controlled/unaffiliated investments
Assets
Investments, at fair value		$ 1,037,289		$ 262,547
Non-controlled/affiliated investments
Assets
Investments, at fair value		8,841		0
Controlled/affiliated investments
Assets
Investments, at fair value		$ 17,943		$ 1,383

[1] See Note 8 for additional information regarding the fair value of the Company’s financial instruments.

[2] Security may be an obligation of one or more entities affiliated with the named company.

[3] See Note 8 for additional information regarding the fair value of the Company’s financial instruments.

[4] See Note 9 for a discussion of the Company’s financing arrangements.

[5] See Note 2 for a discussion of the methodology employed by the Company in calculating the capital gains incentive fees.

[6] See Note 10 for a discussion of the Company’s commitments and contingencies.