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Unaudited Consolidated Statements of Changes in Net Assets - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operations        
Net investment income (loss) $ 29,458 $ 9,593 $ 54,504 $ 17,038
Net realized gain (loss) on investments, foreign currency forward contracts and foreign currency (352) (3) (428) 107
Net change in unrealized appreciation (depreciation) on investments and foreign currency forward contracts 4,509 3,657 10,354 5,518
Net change in unrealized gain (loss) on foreign currency (4,305) 12 (5,942) 169
Net increase (decrease) in net assets resulting from operations 29,310 13,259 58,488 22,832
Shareholder distributions        
Net decrease in net assets resulting from shareholder distributions (27,745) (10,247) (54,468) (16,829)
Capital transactions        
Issuance of capital [1] 145,281 94,504 294,997 140,304
Reinvestment of shareholder distributions [1] 5,761 203 10,031 203
Repurchases of common shares [1] (547) 0 (547) 0
Net increase (decrease) in net assets resulting from capital share transactions [1] 150,495 94,707 304,481 140,507
Total increase (decrease) in net assets 152,060 97,719 308,501 146,510
Net assets at beginning of period 985,683 292,685 829,242 243,894
Net assets at end of period 1,137,743 [2],[3] 390,404 1,137,743 [2],[3] 390,404
Common Stock        
Shareholder distributions        
Distributions to common shareholders (27,745) (10,231) (54,468) (16,798)
Preferred Stock        
Shareholder distributions        
Distributions to common shareholders $ 0 $ (16) $ 0 $ (31)
[1] See Note 3 for a discussion of the Company’s capital share transactions.
[2] See Note 8 for additional information regarding the fair value of the Company’s financial instruments.
[3] Security may be an obligation of one or more entities affiliated with the named company.