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Investments
 9 Months Ended
Sep. 30, 2023
Schedule of Investments [Abstract]  
Investments Investments
The composition of the Company’s investment portfolio at cost and fair value as of September 30, 2023 and December 31, 2022 was as follows:

September 30, 2023
Amortized
Cost		Fair
value		% of Total
Investments at Fair
Value
First lien debt$266,112 $269,457 97.8 %
Second lien debt$6,045 $6,045 2.2 %
Total investments$272,157 $275,502 100.0 %
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 September 30, 2023 and December 31, 2022 was as follows:

September 30, 2023
Services: Consumer15.7 %
Insurance12.2 %
Services: Business10.0 %
High Tech9.9 %
Finance8.8 %
Aerospace and Defense8.3 %
Healthcare, Education and Childcare6.6 %
Chemicals, Plastics and Rubber6.3 %
Printing and Publishing5.4 %
Consumer Goods: Durable5.2 %
Construction & Building3.8 %
Retail Stores2.6 %
Media: Diversified & Production2.6 %
Containers, Packaging and Glass1.5 %
Broadcasting and Entertainment1.1 %
Technology & Electronics— %
Banking— %
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 September 30, 2023 and December 31, 2022 was as follows:
September 30, 2023
Amortized
Cost		Fair
Value		% of Total
Investments
at
Fair Value		Fair
Value
as % of
Net
Assets
United States$265,107 $268,399 97.4 %74.2 %
Canada7,050 7,103 2.6 2.0 
Total$272,157 $275,502 100.0 %76.2 %
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 %