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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 11 Months Ended 12 Months Ended
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities          
Net increase (decrease) in net assets resulting from operations $ 6,439 $ 395 $ 229 [1],[2] $ 13,330  
Purchases of investments     (6,696) [3] (261,461)  
Paid-in-kind interest     0 [3] (25)  
Proceeds from sales and repayments of investments     1 [3] 8,298  
Net realized (gain) loss on investments     0 [3] (12)  
Net change in unrealized (appreciation) depreciation on investments     (5) [2],[3] (3,465)  
Accretion of discount     (2) [3] (563)  
Amortization of deferred financing costs     0 [3] 256  
Unrealized (gain)/loss on borrowings in foreign currency     0 [3] 166  
(Increase) decrease in receivable for investments sold and repaid     0 [3] (210)  
(Increase) decrease in income receivable     (62) [3] (3,142)  
(Increase) decrease in expense support receivable     (289) [3] (147)  
(Increase) decrease in prepaid expenses and other assets     (53) [3] (131)  
Increase (decrease) in payable for investments purchased     0 [3] 8,400  
Increase (decrease) in accrued capital gains incentive fee     0 [3] 390  
Increase (decrease) in administrative services expense payable     0 [3] 174  
Increase (decrease) in accrued accounting and administrative fees     3 [3] 40  
Increase (decrease) in interest payable     0 [3] 445  
Increase (decrease) in other accrued expenses and liabilities     339 [3] 275  
Net cash provided by (used in) operating activities     (6,535) [3] (237,382)  
Cash flows from financing activities          
Issuance of capital     7,000 [3] 231,500 $ 7,000
Issuance of preferred shares     0 [3] 515  
Distributions to common shareholders     0 [3] (6,089)  
Distributions to preferred shareholders     0 [3] (46)  
Borrowings under financing arrangements     0 [3] 119,031  
Repayments under financing arrangements     0 [3] (24,966)  
Deferred financing costs paid     0 [3] (4,037)  
Net cash provided by (used in) financing activities     7,000 [3] 315,908  
Total increase (decrease) in cash     465 [3] 78,526  
Cash and foreign currency at beginning of period [3]   $ 465 0 465  
Cash and foreign currency at end of period $ 78,991   465 [3] 78,991 $ 465 [3]
Supplemental disclosure          
Interest paid during the period     $ 0 [3] $ 414  
[1] Represents the period from February 4, 2022 (Inception) through December 31, 2022.
[2] Represents the period from February 4, 2022 (Inception) through December 31, 2022
[3] Represents the period from February 4, 2022 (Inception) through December 31, 2022.