Net Assets

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

Net Assets

Net Assets

Subscriptions and Drawdowns

As of March 31, 2023, the Company had 21,052,258 shares issued and outstanding with a par value of $0.01 per share. The Company has entered into subscription agreements with investors providing for the private placement of the Company’s common shares. Under the terms of the subscription agreements, investors are required to fund drawdowns to purchase the Company’s common shares up to the amount of their respective capital commitment on an as-needed basis each time the Advisor delivers a drawdown notice to such investors.

During the three months ended March 31, 2023, the Advisor delivered capital call notices to investors on February 1, 2023 for $24.7 million.

There were no dividends declared for the period from June 27, 2022 (inception) to March 31, 2023.