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Investments
 3 Months Ended
Mar. 31, 2023
Schedule of Investments [Abstract]  
Investments Investments
The composition of the Company’s investment portfolio at cost and fair value as of March 31, 2023 and December 31, 2022 was as follows:

March 31, 2023
Amortized
Cost		Fair
value		% of Total
Investments at Fair
Value
First lien debt$186,464 $185,897 100.0 %
Total investments$186,464 $185,897 100.0 %
December 31, 2022
Amortized
Cost		Fair
value		% of Total
Investments at Fair
Value
First lien debt$149,464 $149,586 100.0 %
Total investments$149,464 $149,586 100.0 %
The industry composition of investments based on fair value as of March 31, 2023 and December 31, 2022 was as follows:

March 31, 2023
Insurance17.4 %
Services: Business14.2 
Finance9.2 
Aerospace & Defense8.9 
Healthcare, Education, and Childcare7.7 
Services: Consumer7.6 
Consumer Goods: Durable7.5 
Chemical, Plastics & Rubber7.5 
Construction & Building5.3 
Media: Diversified & Production3.7 
Retail Stores3.6 
High Tech3.5 
Containers, Packaging & Glass2.2 
Broadcasting and Entertainment1.7 
Total100.0 %
December 31, 2022
Insurance21.3 %
Services: Business12.4 
Finance11.3 
Consumer Goods: Durable9.4 
Services: Consumer9.3 
Chemicals, Plastics, and Rubber9.2 
Healthcare, Education, and Childcare9.1 
Media: Diversified & Production4.6 
Retail Stores4.5 
High Tech4.4 
Aerospace and Defense2.4 
Broadcasting and Entertainment2.1 
Total100.0 %
The geographic composition of investments at cost and fair value as of March 31, 2023 and December 31, 2022 was as follows;
March 31, 2023
Amortized
Cost		Fair
Value		% of Total
Investments
at
Fair Value		Fair
Value
as % of
Net
Assets
United States$180,996 $180,491 97.1 %83.1 %
Canada5,468 5,406 2.9 2.5 
Total$186,464 $185,897 100.0 %85.6 %
December 31, 2022
Amortized
Cost		Fair
Value		% of Total
Investments
at
Fair Value		Fair
Value
as % of
Net
Assets
United States$143,993 $144,116 96.3 %76.8 %
Canada5,471 5,470 3.7 2.9 
Total$149,464 $149,586 100.0 %79.7 %