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Consolidated Schedule of Investments
$ in Thousands
 12 Months Ended
Dec. 31, 2023
USD ($)
shares
Cost $ 51,386 [1],[2],[3]
Fair Value $ 51,545 [1],[2]
Percentage of Net Assets 118.85% [1],[2]
Unfunded Commitment $ 13,358
Fair Value (170)
Unfunded Debt Securities, First Lien  
Unfunded Commitment 13,358
Fair Value $ (170)
Secured Overnight Financing Rate (SOFR) | 30-day Period  
Variable interest rate 5.35%
Secured Overnight Financing Rate (SOFR) | 90-day Period  
Variable interest rate 5.33%
Secured Overnight Financing Rate (SOFR) | 180-day Period  
Variable interest rate 5.16%
Prime Rate  
Variable interest rate 8.50%
First Lien Debt  
Cost $ 51,370 [3]
Fair Value $ 51,529
Percentage of Net Assets 118.82%
First Lien Debt | Automobile Components  
Cost $ 810 [3]
Fair Value $ 834
Percentage of Net Assets 1.92%
First Lien Debt | Automobiles  
Cost $ 1,901 [3]
Fair Value $ 1,902
Percentage of Net Assets 4.39%
First Lien Debt | Chemicals  
Cost $ 2,844 [3]
Fair Value $ 2,824
Percentage of Net Assets 6.51%
First Lien Debt | Commercial Services & Supplies  
Cost $ 4,835 [3]
Fair Value $ 4,852
Percentage of Net Assets 11.19%
First Lien Debt | Construction & Engineering  
Cost $ 392 [3]
Fair Value $ 396
Percentage of Net Assets 0.91%
First Lien Debt | Distributors  
Cost $ 2,764 [3]
Fair Value $ 2,772
Percentage of Net Assets 6.39%
First Lien Debt | Diversified Consumer Services  
Cost $ 446 [3]
Fair Value $ 446
Percentage of Net Assets 1.03%
First Lien Debt | Electronic Equipment, Instruments & Components  
Cost $ 5,392 [3]
Fair Value $ 5,443
Percentage of Net Assets 12.55%
First Lien Debt | Financial Services  
Cost $ 1,841 [3]
Fair Value $ 1,860
Percentage of Net Assets 4.29%
First Lien Debt | Health Care Equipment & Supplies  
Cost $ 3,009 [3]
Fair Value $ 3,009
Percentage of Net Assets 6.94%
First Lien Debt | Health Care Providers & Services  
Cost $ 4,752 [3]
Fair Value $ 4,776
Percentage of Net Assets 11.01%
First Lien Debt | Health Care Technology  
Cost $ 1,876 [3]
Fair Value $ 1,882
Percentage of Net Assets 4.34%
First Lien Debt | Insurance Services  
Cost $ 7,163 [3]
Fair Value $ 7,191
Percentage of Net Assets 16.58%
First Lien Debt | Multi-Utilities  
Cost $ 1,132 [3]
Fair Value $ 1,134
Percentage of Net Assets 2.61%
First Lien Debt | Professional Services  
Cost $ 2,715 [3]
Fair Value $ 2,723
Percentage of Net Assets 6.28%
First Lien Debt | Real Estate Management & Development  
Cost $ 3,474 [3]
Fair Value $ 3,471
Percentage of Net Assets 8.00%
First Lien Debt | Software  
Cost $ 3,162 [3]
Fair Value $ 3,186
Percentage of Net Assets 7.35%
First Lien Debt | Wireless Telecommunication Services  
Cost $ 1,005 [3]
Fair Value $ 1,005
Percentage of Net Assets 2.32%
First Lien Debt, Netting | Machinery  
Cost $ (7) [3]
Fair Value $ (14)
Percentage of Net Assets (0.03%)
Other Investments  
Cost $ 16 [3]
Fair Value $ 16
Percentage of Net Assets 0.04%
Common equity  
Cost $ 16 [3]
Fair Value $ 16
Percentage of Net Assets 0.04%
Non Qualifying Assets | Assets, Total | Customer Concentration Risk  
% of Total Investments at Fair Value 2.47%
Restricted Securities  
Fair Value $ 16
Percentage of Net Assets 0.04%
Investment, Identifier [Axis]: AWP Group Holdings, Inc. 1  
Variable interest rate 5.50% [4],[5]
Interest Rate 10.95% [4],[5],[6]
Par Amount $ 1,087 [4],[5]
Cost 1,066 [3],[4],[5]
Fair Value $ 1,070 [4],[5]
Percentage of Net Assets 2.47% [4],[5]
Investment, Identifier [Axis]: AWP Group Holdings, Inc. 2  
Variable interest rate 5.50% [4],[5],[7]
Interest Rate 10.95% [4],[5],[6],[7]
Par Amount $ 28 [4],[5],[7]
Cost 22 [3],[4],[5],[7]
Fair Value $ 19 [4],[5],[7]
Percentage of Net Assets 0.04% [4],[5],[7]
Investment, Identifier [Axis]: AWP Group Holdings, Inc. 3  
Variable interest rate 5.50% [4],[5],[7]
Interest Rate 10.95% [4],[5],[6],[7]
Par Amount $ 48 [4],[5],[7]
Cost 44 [3],[4],[5],[7]
Fair Value $ 45 [4],[5],[7]
Percentage of Net Assets 0.10% [4],[5],[7]
Investment, Identifier [Axis]: AWP Group Holdings, Inc., Delayed Draw Term Loan  
Unfunded Commitment $ 559
Fair Value (8)
Investment, Identifier [Axis]: AWP Group Holdings, Inc., Revolver  
Unfunded Commitment 176
Fair Value $ (3)
Investment, Identifier [Axis]: Associations, Inc.  
Variable interest rate 6.50% [4],[5]
Interest Rate 12.16% [4],[5],[6]
Interest Rate, PIK 2.50% [4],[5]
Par Amount $ 1,370 [4],[5]
Cost 1,357 [3],[4],[5]
Fair Value $ 1,357 [4],[5]
Percentage of Net Assets 3.13% [4],[5]
Investment, Identifier [Axis]: Avalara, Inc. 1  
Variable interest rate 7.25% [5],[8]
Interest Rate 12.60% [5],[6],[8]
Par Amount $ 1,091 [5],[8]
Cost 1,084 [3],[5],[8]
Fair Value $ 1,091 [5],[8]
Percentage of Net Assets 2.52% [5],[8]
Investment, Identifier [Axis]: Avalara, Inc. 2  
Variable interest rate 7.25% [5],[7],[8]
Interest Rate 12.60% [5],[6],[7],[8]
Par Amount $ 0 [5],[7],[8]
Cost (1) [3],[5],[7],[8]
Fair Value $ 0 [5],[7],[8]
Percentage of Net Assets 0.00% [5],[7],[8]
Investment, Identifier [Axis]: Avalara, Inc., Revolver  
Unfunded Commitment $ 109
Fair Value $ 0
Investment, Identifier [Axis]: BP Purchaser, LLC  
Variable interest rate 5.50% [5],[8]
Interest Rate 11.14% [5],[6],[8]
Par Amount $ 1,890 [5],[8]
Cost 1,864 [3],[5],[8]
Fair Value $ 1,837 [5],[8]
Percentage of Net Assets 4.24% [5],[8]
Investment, Identifier [Axis]: Bradyifs Holdings, LLC 1  
Variable interest rate 6.00% [4],[5]
Interest Rate 11.38% [4],[5],[6]
Par Amount $ 1,674 [4],[5]
Cost 1,641 [3],[4],[5]
Fair Value $ 1,641 [4],[5]
Percentage of Net Assets 3.78% [4],[5]
Investment, Identifier [Axis]: Bradyifs Holdings, LLC 2  
Variable interest rate 6.00% [4],[5],[7]
Interest Rate 11.38% [4],[5],[6],[7]
Par Amount $ 45 [4],[5],[7]
Cost 43 [3],[4],[5],[7]
Fair Value $ 43 [4],[5],[7]
Percentage of Net Assets 0.10% [4],[5],[7]
Investment, Identifier [Axis]: Bradyifs Holdings, LLC 3  
Variable interest rate 6.00% [4],[5],[7]
Interest Rate 11.38% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (3) [3],[4],[5],[7]
Fair Value $ (3) [4],[5],[7]
Percentage of Net Assets (0.01%) [4],[5],[7]
Investment, Identifier [Axis]: Bradyifs Holdings, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 139
Fair Value (2)
Investment, Identifier [Axis]: Bradyifs Holdings, LLC, Revolver  
Unfunded Commitment 142
Fair Value $ (3)
Investment, Identifier [Axis]: Bullhorn, Inc. 1  
Variable interest rate 5.50% [4],[5]
Interest Rate 10.96% [4],[5],[6]
Par Amount $ 1,050 [4],[5]
Cost 1,043 [3],[4],[5]
Fair Value $ 1,046 [4],[5]
Percentage of Net Assets 2.41% [4],[5]
Investment, Identifier [Axis]: Bullhorn, Inc. 2  
Variable interest rate 5.50% [4],[5]
Interest Rate 10.96% [4],[5],[6]
Par Amount $ 88 [4],[5]
Cost 87 [3],[4],[5]
Fair Value $ 87 [4],[5]
Percentage of Net Assets 0.20% [4],[5]
Investment, Identifier [Axis]: Bullhorn, Inc. 3  
Variable interest rate 5.50% [4],[5],[7]
Interest Rate 10.96% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost 0 [3],[4],[5],[7]
Fair Value $ 0 [4],[5],[7]
Percentage of Net Assets 0.00% [4],[5],[7]
Investment, Identifier [Axis]: Bullhorn, Inc., Revolver  
Unfunded Commitment $ 54
Fair Value $ 0
Investment, Identifier [Axis]: Chase Intermediate, LLC 1  
Variable interest rate 5.25% [5],[7]
Interest Rate 11.00% [5],[6],[7]
Par Amount $ 0 [5],[7]
Cost (6) [3],[5],[7]
Fair Value $ (13) [5],[7]
Percentage of Net Assets (0.03%) [5],[7]
Investment, Identifier [Axis]: Chase Intermediate, LLC 2  
Variable interest rate 5.25% [5],[7]
Interest Rate 11.00% [5],[6],[7]
Par Amount $ 0 [5],[7]
Cost (1) [3],[5],[7]
Fair Value $ (1) [5],[7]
Percentage of Net Assets 0.00% [5],[7]
Investment, Identifier [Axis]: Chase Intermediate, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 700
Fair Value (13)
Investment, Identifier [Axis]: Chase Intermediate, LLC, Revolver  
Unfunded Commitment 35
Fair Value $ (1)
Investment, Identifier [Axis]: Coupa Holdings, LLC 1  
Variable interest rate 7.50% [5],[8]
Interest Rate 12.86% [5],[6],[8]
Par Amount $ 1,641 [5],[8]
Cost 1,610 [3],[5],[8]
Fair Value $ 1,623 [5],[8]
Percentage of Net Assets 3.74% [5],[8]
Investment, Identifier [Axis]: Coupa Holdings, LLC 2  
Variable interest rate 7.50% [5],[7],[8]
Interest Rate 12.86% [5],[6],[7],[8]
Par Amount $ 0 [5],[7],[8]
Cost (1) [3],[5],[7],[8]
Fair Value $ (1) [5],[7],[8]
Percentage of Net Assets 0.00% [5],[7],[8]
Investment, Identifier [Axis]: Coupa Holdings, LLC 3  
Variable interest rate 7.50% [5],[7],[8]
Interest Rate 12.86% [5],[6],[7],[8]
Par Amount $ 0 [5],[7],[8]
Cost (2) [3],[5],[7],[8]
Fair Value $ (1) [5],[7],[8]
Percentage of Net Assets 0.00% [5],[7],[8]
Investment, Identifier [Axis]: Coupa Holdings, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 147
Fair Value (2)
Investment, Identifier [Axis]: Coupa Holdings, LLC, Revolver  
Unfunded Commitment 112
Fair Value $ (1)
Investment, Identifier [Axis]: DCA Investment Holdings, LLC  
Variable interest rate 6.50% [5],[8]
Interest Rate 11.85% [5],[6],[8]
Par Amount $ 2,066 [5],[8]
Cost 2,033 [3],[5],[8]
Fair Value $ 2,018 [5],[8]
Percentage of Net Assets 4.65% [5],[8]
Investment, Identifier [Axis]: E-Discovery AcquireCo, LLC 1  
Variable interest rate 6.50% [4],[5]
Interest Rate 11.89% [4],[5],[6]
Par Amount $ 458 [4],[5]
Cost 447 [3],[4],[5]
Fair Value $ 450 [4],[5]
Percentage of Net Assets 1.04% [4],[5]
Investment, Identifier [Axis]: E-Discovery AcquireCo, LLC 2  
Variable interest rate 6.50% [4],[5],[7]
Interest Rate 11.89% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (1) [3],[4],[5],[7]
Fair Value $ (1) [4],[5],[7]
Percentage of Net Assets 0.00% [4],[5],[7]
Investment, Identifier [Axis]: E-Discovery AcquireCo, LLC, Revolver  
Unfunded Commitment $ 42
Fair Value $ (1)
Investment, Identifier [Axis]: GPS Merger Sub, LLC 1  
Variable interest rate 6.00% [4],[5]
Interest Rate 11.38% [4],[5],[6]
Par Amount $ 1,296 [4],[5]
Cost 1,271 [3],[4],[5]
Fair Value $ 1,271 [4],[5]
Percentage of Net Assets 2.93% [4],[5]
Investment, Identifier [Axis]: GPS Merger Sub, LLC 2  
Variable interest rate 6.00% [4],[5],[7]
Interest Rate 11.38% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (3) [3],[4],[5],[7]
Fair Value $ (3) [4],[5],[7]
Percentage of Net Assets (0.01%) [4],[5],[7]
Investment, Identifier [Axis]: GPS Merger Sub, LLC 3  
Variable interest rate 6.00% [4],[5],[7]
Interest Rate 11.38% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (5) [3],[4],[5],[7]
Fair Value $ (5) [4],[5],[7]
Percentage of Net Assets (0.01%) [4],[5],[7]
Investment, Identifier [Axis]: GPS Merger Sub, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 335
Fair Value (3)
Investment, Identifier [Axis]: GPS Merger Sub, LLC, Revolver  
Unfunded Commitment 268
Fair Value $ (5)
Investment, Identifier [Axis]: GS AcquisitionCo, Inc. 1  
Variable interest rate 5.75% [4],[5]
Interest Rate 11.00% [4],[5],[6]
Par Amount $ 1,116 [4],[5]
Cost 1,109 [3],[4],[5]
Fair Value $ 1,116 [4],[5]
Percentage of Net Assets 2.57% [4],[5]
Investment, Identifier [Axis]: GS AcquisitionCo, Inc. 2  
Variable interest rate 5.75% [4],[5],[7]
Interest Rate 11.00% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost 0 [3],[4],[5],[7]
Fair Value $ 0 [4],[5],[7]
Percentage of Net Assets 0.00% [4],[5],[7]
Investment, Identifier [Axis]: GS AcquisitionCo, Inc., Revolver  
Unfunded Commitment $ 75
Fair Value $ 0
Investment, Identifier [Axis]: Galway Borrower, LLC 1  
Variable interest rate 5.25% [5],[8]
Interest Rate 11.10% [5],[6],[8]
Par Amount $ 414 [5],[8]
Cost 407 [3],[5],[8]
Fair Value $ 410 [5],[8]
Percentage of Net Assets 0.95% [5],[8]
Investment, Identifier [Axis]: Galway Borrower, LLC 2  
Variable interest rate 5.25% [5],[7],[8]
Interest Rate 11.10% [5],[6],[7],[8]
Par Amount $ 0 [5],[7],[8]
Cost (5) [3],[5],[7],[8]
Fair Value $ (6) [5],[7],[8]
Percentage of Net Assets (0.01%) [5],[7],[8]
Investment, Identifier [Axis]: Galway Borrower, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 624
Fair Value $ (7)
Investment, Identifier [Axis]: Gateway US Holdings, Inc. 1  
Variable interest rate 6.50% [5],[8],[9]
Interest Rate 11.85% [5],[6],[8],[9]
Par Amount $ 1,414 [5],[8],[9]
Cost 1,390 [3],[5],[8],[9]
Fair Value $ 1,414 [5],[8],[9]
Percentage of Net Assets 3.26% [5],[8],[9]
Investment, Identifier [Axis]: Gateway US Holdings, Inc. 2  
Variable interest rate 6.50% [5],[8],[9]
Interest Rate 11.85% [5],[6],[8],[9]
Par Amount $ 427 [5],[8],[9]
Cost 419 [3],[5],[8],[9]
Fair Value $ 427 [5],[8],[9]
Percentage of Net Assets 0.98% [5],[8],[9]
Investment, Identifier [Axis]: Gateway US Holdings, Inc. 3  
Variable interest rate 6.50% [5],[7],[8],[9]
Interest Rate 11.85% [5],[6],[7],[8],[9]
Par Amount $ 0 [5],[7],[8],[9]
Cost (1) [3],[5],[7],[8],[9]
Fair Value $ 0 [5],[7],[8],[9]
Percentage of Net Assets 0.00% [5],[7],[8],[9]
Investment, Identifier [Axis]: Gateway US Holdings, Inc., Revolver  
Unfunded Commitment $ 54
Fair Value $ 0
Investment, Identifier [Axis]: Helios Service Partners, LLC 1  
Variable interest rate 6.25% [4],[5]
Interest Rate 11.88% [4],[5],[6]
Par Amount $ 244 [4],[5]
Cost 238 [3],[4],[5]
Fair Value $ 242 [4],[5]
Percentage of Net Assets 0.56% [4],[5]
Investment, Identifier [Axis]: Helios Service Partners, LLC 2  
Variable interest rate 6.25% [4],[5],[7]
Interest Rate 11.88% [4],[5],[6],[7]
Par Amount $ 248 [4],[5],[7]
Cost 240 [3],[4],[5],[7]
Fair Value $ 243 [4],[5],[7]
Percentage of Net Assets 0.56% [4],[5],[7]
Investment, Identifier [Axis]: Helios Service Partners, LLC 3  
Variable interest rate 6.00% [4],[5],[7]
Interest Rate 11.88% [4],[5],[6],[7]
Par Amount $ 27 [4],[5],[7]
Cost 25 [3],[4],[5],[7]
Fair Value $ 26 [4],[5],[7]
Percentage of Net Assets 0.06% [4],[5],[7]
Investment, Identifier [Axis]: Helios Service Partners, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 211
Fair Value (2)
Investment, Identifier [Axis]: Helios Service Partners, LLC, Revolver  
Unfunded Commitment 19
Fair Value $ 0
Investment, Identifier [Axis]: Higginbotham Insurance Agency, Inc.  
Variable interest rate 5.50% [4],[5],[7]
Interest Rate 10.96% [4],[5],[6],[7]
Par Amount $ 531 [4],[5],[7]
Cost 525 [3],[4],[5],[7]
Fair Value $ 531 [4],[5],[7]
Percentage of Net Assets 1.22% [4],[5],[7]
Investment, Identifier [Axis]: Higginbotham Insurance Agency, Inc., Delayed Draw Term Loan  
Unfunded Commitment $ 267
Fair Value $ 0
Investment, Identifier [Axis]: Hyland Software, Inc. 1  
Variable interest rate 6.00% [5],[8]
Interest Rate 11.36% [5],[6],[8]
Par Amount $ 1,905 [5],[8]
Cost 1,877 [3],[5],[8]
Fair Value $ 1,883 [5],[8]
Percentage of Net Assets 4.34% [5],[8]
Investment, Identifier [Axis]: Hyland Software, Inc. 2  
Variable interest rate 6.00% [5],[7],[8]
Interest Rate 11.36% [5],[6],[7],[8]
Par Amount $ 0 [5],[7],[8]
Cost (1) [3],[5],[7],[8]
Fair Value $ (1) [5],[7],[8]
Percentage of Net Assets 0.00% [5],[7],[8]
Investment, Identifier [Axis]: Hyland Software, Inc., Revolver  
Unfunded Commitment $ 90
Fair Value $ (1)
Investment, Identifier [Axis]: Infinite Bidco, LLC  
Variable interest rate 6.25% [5],[10]
Interest Rate 11.88% [5],[6],[10]
Par Amount $ 2,985 [5],[10]
Cost 2,916 [3],[5],[10]
Fair Value $ 2,967 [5],[10]
Percentage of Net Assets 6.84% [5],[10]
Investment, Identifier [Axis]: Inszone Mid, LLC 1  
Variable interest rate 5.75% [4],[5]
Interest Rate 11.11% [4],[5],[6]
Par Amount $ 939 [4],[5]
Cost 921 [3],[4],[5]
Fair Value $ 921 [4],[5]
Percentage of Net Assets 2.12% [4],[5]
Investment, Identifier [Axis]: Inszone Mid, LLC 2  
Variable interest rate 5.75% [4],[5],[7]
Interest Rate 11.11% [4],[5],[6],[7]
Par Amount $ 77 [4],[5],[7]
Cost 67 [3],[4],[5],[7]
Fair Value $ 67 [4],[5],[7]
Percentage of Net Assets 0.15% [4],[5],[7]
Investment, Identifier [Axis]: Inszone Mid, LLC 3  
Variable interest rate 5.75% [4],[5],[7]
Interest Rate 11.11% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (2) [3],[4],[5],[7]
Fair Value $ (2) [4],[5],[7]
Percentage of Net Assets 0.00% [4],[5],[7]
Investment, Identifier [Axis]: Inszone Mid, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 863
Fair Value (9)
Investment, Identifier [Axis]: Inszone Mid, LLC, Revolver  
Unfunded Commitment 117
Fair Value $ (2)
Investment, Identifier [Axis]: Integrity Marketing Acquisition, LLC 1  
Variable interest rate 6.00% [5],[8]
Interest Rate 11.39% [5],[6],[8]
Par Amount $ 470 [5],[8]
Cost 463 [3],[5],[8]
Fair Value $ 461 [5],[8]
Percentage of Net Assets 1.06% [5],[8]
Investment, Identifier [Axis]: Integrity Marketing Acquisition, LLC 2  
Variable interest rate 6.00% [5],[8]
Interest Rate 11.51% [5],[6],[8]
Par Amount $ 3,095 [5],[8]
Cost 3,043 [3],[5],[8]
Fair Value $ 3,035 [5],[8]
Percentage of Net Assets 7.00% [5],[8]
Investment, Identifier [Axis]: Integrity Marketing Acquisition, LLC 3  
Variable interest rate 6.00% [5],[7],[8]
Interest Rate 11.39% [5],[6],[7],[8]
Par Amount $ 0 [5],[7],[8]
Cost (3) [3],[5],[7],[8]
Fair Value $ (1) [5],[7],[8]
Percentage of Net Assets 0.00% [5],[7],[8]
Investment, Identifier [Axis]: Integrity Marketing Acquisition, LLC, Revolver  
Unfunded Commitment $ 63
Fair Value $ (1)
Investment, Identifier [Axis]: Investment One  
Interest rate floor 1.00%
Investment, Identifier [Axis]: Investment Three  
Interest rate floor 0.50%
Investment, Identifier [Axis]: Investment Two  
Interest rate floor 0.75%
Investment, Identifier [Axis]: Iris Buyer, LLC 1  
Variable interest rate 6.25% [4],[5]
Interest Rate 11.60% [4],[5],[6]
Par Amount $ 1,396 [4],[5]
Cost 1,358 [3],[4],[5]
Fair Value $ 1,358 [4],[5]
Percentage of Net Assets 3.13% [4],[5]
Investment, Identifier [Axis]: Iris Buyer, LLC 2  
Variable interest rate 6.25% [4],[5],[7]
Interest Rate 11.60% [4],[5],[6],[7]
Par Amount $ 29 [4],[5],[7]
Cost 26 [3],[4],[5],[7]
Fair Value $ 26 [4],[5],[7]
Percentage of Net Assets 0.06% [4],[5],[7]
Investment, Identifier [Axis]: Iris Buyer, LLC 3  
Variable interest rate 6.25% [4],[5],[7]
Interest Rate 11.60% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (5) [3],[4],[5],[7]
Fair Value $ (5) [4],[5],[7]
Percentage of Net Assets (0.01%) [4],[5],[7]
Investment, Identifier [Axis]: Iris Buyer, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 171
Fair Value (3)
Investment, Identifier [Axis]: Iris Buyer, LLC, Revolver  
Unfunded Commitment 199
Fair Value $ (5)
Investment, Identifier [Axis]: KENG Acquisition, Inc. 1  
Variable interest rate 6.25% [4],[5]
Interest Rate 11.60% [4],[5],[6]
Par Amount $ 289 [4],[5]
Cost 282 [3],[4],[5]
Fair Value $ 286 [4],[5]
Percentage of Net Assets 0.66% [4],[5]
Investment, Identifier [Axis]: KENG Acquisition, Inc. 2  
Variable interest rate 6.25% [4],[5],[7]
Interest Rate 11.60% [4],[5],[6],[7]
Par Amount $ 36 [4],[5],[7]
Cost 33 [3],[4],[5],[7]
Fair Value $ 33 [4],[5],[7]
Percentage of Net Assets 0.08% [4],[5],[7]
Investment, Identifier [Axis]: KENG Acquisition, Inc. 3  
Variable interest rate 6.25% [4],[5],[7]
Interest Rate 11.60% [4],[5],[6],[7]
Par Amount $ 9 [4],[5],[7]
Cost 7 [3],[4],[5],[7]
Fair Value $ 8 [4],[5],[7]
Percentage of Net Assets 0.02% [4],[5],[7]
Investment, Identifier [Axis]: KENG Acquisition, Inc., Delayed Draw Term Loan  
Unfunded Commitment $ 183
Fair Value (2)
Investment, Identifier [Axis]: KENG Acquisition, Inc., Revolver  
Unfunded Commitment 70
Fair Value $ (1)
Investment, Identifier [Axis]: MRI Software, LLC 1  
Variable interest rate 5.50% [4],[5]
Interest Rate 10.95% [4],[5],[6]
Par Amount $ 2,128 [4],[5]
Cost 2,119 [3],[4],[5]
Fair Value $ 2,116 [4],[5]
Percentage of Net Assets 4.88% [4],[5]
Investment, Identifier [Axis]: MRI Software, LLC 2  
Variable interest rate 5.50% [4],[5],[7]
Interest Rate 10.95% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (1) [3],[4],[5],[7]
Fair Value $ (1) [4],[5],[7]
Percentage of Net Assets 0.00% [4],[5],[7]
Investment, Identifier [Axis]: MRI Software, LLC 3  
Variable interest rate 5.50% [4],[5],[7]
Interest Rate 10.95% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (1) [3],[4],[5],[7]
Fair Value $ (1) [4],[5],[7]
Percentage of Net Assets 0.00% [4],[5],[7]
Investment, Identifier [Axis]: MRI Software, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 195
Fair Value (1)
Investment, Identifier [Axis]: MRI Software, LLC, Revolver  
Unfunded Commitment 176
Fair Value $ (1)
Investment, Identifier [Axis]: Magneto Components Buyco, LLC 1  
Variable interest rate 6.00% [5]
Interest Rate 11.36% [5],[6]
Par Amount $ 2,556 [5]
Cost 2,493 [3],[5]
Fair Value $ 2,493 [5]
Percentage of Net Assets 5.75% [5]
Investment, Identifier [Axis]: Magneto Components Buyco, LLC 2  
Variable interest rate 6.00% [5],[7]
Interest Rate 11.36% [5],[6],[7]
Par Amount $ 0 [5],[7]
Cost (6) [3],[5],[7]
Fair Value $ (6) [5],[7]
Percentage of Net Assets (0.01%) [5],[7]
Investment, Identifier [Axis]: Magneto Components Buyco, LLC 3  
Variable interest rate 6.00% [5],[7]
Interest Rate 11.36% [5],[6],[7]
Par Amount $ 0 [5],[7]
Cost (11) [3],[5],[7]
Fair Value $ (11) [5],[7]
Percentage of Net Assets (0.03%) [5],[7]
Investment, Identifier [Axis]: Magneto Components Buyco, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 507
Fair Value (6)
Investment, Identifier [Axis]: Magneto Components Buyco, LLC, Revolver  
Unfunded Commitment 423
Fair Value $ (11)
Investment, Identifier [Axis]: Mobile Communications America, Inc. 1  
Variable interest rate 6.00% [4],[5]
Interest Rate 11.35% [4],[5],[6]
Par Amount $ 1,024 [4],[5]
Cost 1,009 [3],[4],[5]
Fair Value $ 1,009 [4],[5]
Percentage of Net Assets 2.33% [4],[5]
Investment, Identifier [Axis]: Mobile Communications America, Inc. 2  
Variable interest rate 6.00% [4],[5],[7]
Interest Rate 11.35% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (2) [3],[4],[5],[7]
Fair Value $ (2) [4],[5],[7]
Percentage of Net Assets 0.00% [4],[5],[7]
Investment, Identifier [Axis]: Mobile Communications America, Inc. 3  
Variable interest rate 6.00% [4],[5],[7]
Interest Rate 11.35% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (2) [3],[4],[5],[7]
Fair Value $ (2) [4],[5],[7]
Percentage of Net Assets 0.00% [4],[5],[7]
Investment, Identifier [Axis]: Mobile Communications America, Inc., Delayed Draw Term Loan  
Unfunded Commitment $ 330
Fair Value (2)
Investment, Identifier [Axis]: Mobile Communications America, Inc., Revolver  
Unfunded Commitment 165
Fair Value $ (2)
Investment, Identifier [Axis]: PPV Intermediate Holdings, LLC  
Variable interest rate 5.75% [5],[7],[8]
Interest Rate 11.17% [5],[6],[7],[8]
Par Amount $ 0 [5],[7],[8]
Cost (3) [3],[5],[7],[8]
Fair Value $ (5) [5],[7],[8]
Percentage of Net Assets (0.01%) [5],[7],[8]
Investment, Identifier [Axis]: PPV Intermediate Holdings, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 670
Fair Value $ (6)
Investment, Identifier [Axis]: Peter C. Foy & Associates Insurance Services, LLC 1  
Variable interest rate 6.00% [5],[8]
Interest Rate 11.86% [5],[6],[8]
Par Amount $ 599 [5],[8]
Cost 587 [3],[5],[8]
Fair Value $ 595 [5],[8]
Percentage of Net Assets 1.37% [5],[8]
Investment, Identifier [Axis]: Peter C. Foy & Associates Insurance Services, LLC 2  
Variable interest rate 6.00% [5],[7],[8]
Interest Rate 11.86% [5],[6],[7],[8]
Par Amount $ 0 [5],[7],[8]
Cost (5) [3],[5],[7],[8]
Fair Value $ (3) [5],[7],[8]
Percentage of Net Assets (0.01%) [5],[7],[8]
Investment, Identifier [Axis]: Peter C. Foy & Associates Insurance Services, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 600
Fair Value $ (3)
Investment, Identifier [Axis]: Portfolio Group  
Variable interest rate 6.00% [4],[5],[7]
Interest Rate 11.21% [4],[5],[6],[7]
Par Amount $ 306 [4],[5],[7]
Cost 295 [3],[4],[5],[7]
Fair Value $ 299 [4],[5],[7]
Percentage of Net Assets 0.69% [4],[5],[7]
Investment, Identifier [Axis]: Portfolio Group, Delayed Draw Term Loan  
Unfunded Commitment $ 465
Fair Value $ (4)
Investment, Identifier [Axis]: RSC Acquisition, Inc.  
Variable interest rate 6.00% [5],[7],[8]
Interest Rate 11.39% [5],[6],[7],[8]
Par Amount $ 10 [5],[7],[8]
Cost 8 [3],[5],[7],[8]
Fair Value $ 8 [5],[7],[8]
Percentage of Net Assets 0.02% [5],[7],[8]
Investment, Identifier [Axis]: RSC Acquisition, Inc., Delayed Draw Term Loan  
Unfunded Commitment $ 43
Fair Value $ 0
Investment, Identifier [Axis]: Reveal Data Solutions  
Par Amount, Shares (in shares) | shares 12,307 [5],[11]
Cost $ 16 [3],[5],[11]
Fair Value $ 16 [5],[11]
Percentage of Net Assets 0.04% [5],[11]
Investment, Identifier [Axis]: Sonny's Enterprises, LLC 1  
Variable interest rate 6.75% [4],[5]
Interest Rate 12.28% [4],[5],[6]
Par Amount $ 763 [4],[5]
Cost 745 [3],[4],[5]
Fair Value $ 763 [4],[5]
Percentage of Net Assets 1.76% [4],[5]
Investment, Identifier [Axis]: Sonny's Enterprises, LLC 2  
Variable interest rate 6.75% [4],[5],[7]
Interest Rate 12.28% [4],[5],[6],[7]
Par Amount $ 71 [4],[5],[7]
Cost 68 [3],[4],[5],[7]
Fair Value $ 71 [4],[5],[7]
Percentage of Net Assets 0.16% [4],[5],[7]
Investment, Identifier [Axis]: Sonny's Enterprises, LLC 3  
Variable interest rate 6.75% [4],[5],[7]
Interest Rate 12.28% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (3) [3],[4],[5],[7]
Fair Value $ 0 [4],[5],[7]
Percentage of Net Assets 0.00% [4],[5],[7]
Investment, Identifier [Axis]: Sonny's Enterprises, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 96
Fair Value 0
Investment, Identifier [Axis]: Sonny's Enterprises, LLC, Revolver  
Unfunded Commitment 145
Fair Value $ 0
Investment, Identifier [Axis]: Summit Buyer, LLC 1  
Variable interest rate 5.75% [4],[5],[7]
Interest Rate 11.20% [4],[5],[6],[7]
Par Amount $ 121 [4],[5],[7]
Cost 110 [3],[4],[5],[7]
Fair Value $ 99 [4],[5],[7]
Percentage of Net Assets 0.23% [4],[5],[7]
Investment, Identifier [Axis]: Summit Buyer, LLC 2  
Variable interest rate 4.75% [5],[7]
Interest Rate 13.25% [5],[6],[7]
Par Amount $ 0 [5],[7]
Cost (2) [3],[5],[7]
Fair Value $ (2) [5],[7]
Percentage of Net Assets 0.00% [5],[7]
Investment, Identifier [Axis]: Summit Buyer, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 788
Fair Value (19)
Investment, Identifier [Axis]: Summit Buyer, LLC, Revolver  
Unfunded Commitment 91
Fair Value $ (2)
Investment, Identifier [Axis]: Superman Holdings, LLC 1  
Variable interest rate 6.13% [4],[5]
Interest Rate 11.47% [4],[5],[6]
Par Amount $ 402 [4],[5]
Cost 393 [3],[4],[5]
Fair Value $ 397 [4],[5]
Percentage of Net Assets 0.92% [4],[5]
Investment, Identifier [Axis]: Superman Holdings, LLC 2  
Variable interest rate 6.13% [4],[5],[7]
Interest Rate 11.47% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (1) [3],[4],[5],[7]
Fair Value $ (1) [4],[5],[7]
Percentage of Net Assets 0.00% [4],[5],[7]
Investment, Identifier [Axis]: Superman Holdings, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 95
Fair Value $ (1)
Investment, Identifier [Axis]: Tank Holding Corp. 1  
Variable interest rate 5.75% [5],[8]
Interest Rate 11.21% [5],[6],[8]
Par Amount $ 2,817 [5],[8]
Cost 2,731 [3],[5],[8]
Fair Value $ 2,711 [5],[8]
Percentage of Net Assets 6.25% [5],[8]
Investment, Identifier [Axis]: Tank Holding Corp. 2  
Variable interest rate 5.75% [5],[7],[8]
Interest Rate 11.21% [5],[6],[7],[8]
Par Amount $ 120 [5],[7],[8]
Cost 113 [3],[5],[7],[8]
Fair Value $ 113 [5],[7],[8]
Percentage of Net Assets 0.26% [5],[7],[8]
Investment, Identifier [Axis]: Tank Holding Corp., Delayed Draw Term Loan  
Unfunded Commitment $ 237
Fair Value $ (5)
Investment, Identifier [Axis]: Tidi Legacy Products, Inc. 1  
Variable interest rate 5.50% [4],[5]
Interest Rate 10.86% [4],[5],[6]
Par Amount $ 1,377 [4],[5]
Cost 1,349 [3],[4],[5]
Fair Value $ 1,349 [4],[5]
Percentage of Net Assets 3.11% [4],[5]
Investment, Identifier [Axis]: Tidi Legacy Products, Inc. 2  
Variable interest rate 5.50% [4],[5],[7]
Interest Rate 10.86% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (4) [3],[4],[5],[7]
Fair Value $ (4) [4],[5],[7]
Percentage of Net Assets (0.01%) [4],[5],[7]
Investment, Identifier [Axis]: Tidi Legacy Products, Inc. 3  
Variable interest rate 5.50% [4],[5],[7]
Interest Rate 10.86% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (5) [3],[4],[5],[7]
Fair Value $ (5) [4],[5],[7]
Percentage of Net Assets (0.01%) [4],[5],[7]
Investment, Identifier [Axis]: Tidi Legacy Products, Inc., Delayed Draw Term Loan  
Unfunded Commitment $ 362
Fair Value (4)
Investment, Identifier [Axis]: Tidi Legacy Products, Inc., Revolver  
Unfunded Commitment 261
Fair Value $ (5)
Investment, Identifier [Axis]: Trintech, Inc. 1  
Variable interest rate 6.50% [4],[5]
Interest Rate 11.86% [4],[5],[6]
Par Amount $ 1,857 [4],[5]
Cost 1,804 [3],[4],[5]
Fair Value $ 1,822 [4],[5]
Percentage of Net Assets 4.20% [4],[5]
Investment, Identifier [Axis]: Trintech, Inc. 2  
Variable interest rate 6.50% [4],[5],[7]
Interest Rate 11.86% [4],[5],[6],[7]
Par Amount $ 41 [4],[5],[7]
Cost 37 [3],[4],[5],[7]
Fair Value $ 38 [4],[5],[7]
Percentage of Net Assets 0.09% [4],[5],[7]
Investment, Identifier [Axis]: Trintech, Inc., Revolver  
Unfunded Commitment $ 102
Fair Value $ (2)
Investment, Identifier [Axis]: Turbo Buyer, Inc. 1  
Variable interest rate 6.00% [4],[5]
Interest Rate 11.36% [4],[5],[6]
Par Amount $ 759 [4],[5]
Cost 748 [3],[4],[5]
Fair Value $ 752 [4],[5]
Percentage of Net Assets 1.73% [4],[5]
Investment, Identifier [Axis]: Turbo Buyer, Inc. 2  
Variable interest rate 6.00% [4],[5]
Interest Rate 11.36% [4],[5],[6]
Par Amount $ 761 [4],[5]
Cost 750 [3],[4],[5]
Fair Value $ 754 [4],[5]
Percentage of Net Assets 1.74% [4],[5]
Investment, Identifier [Axis]: VRC Companies, LLC 1  
Variable interest rate 5.75% [4],[5]
Interest Rate 11.12% [4],[5],[6]
Par Amount $ 2,433 [4],[5]
Cost 2,423 [3],[4],[5]
Fair Value $ 2,430 [4],[5]
Percentage of Net Assets 5.60% [4],[5]
Investment, Identifier [Axis]: VRC Companies, LLC 2  
Variable interest rate 5.75% [4],[5]
Interest Rate 11.12% [4],[5],[6]
Par Amount $ 492 [4],[5]
Cost 490 [3],[4],[5]
Fair Value $ 492 [4],[5]
Percentage of Net Assets 1.13% [4],[5]
Investment, Identifier [Axis]: VRC Companies, LLC 3  
Variable interest rate 5.75% [4],[5],[7]
Interest Rate 11.12% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost 0 [3],[4],[5],[7]
Fair Value $ 0 [4],[5],[7]
Percentage of Net Assets 0.00% [4],[5],[7]
Investment, Identifier [Axis]: VRC Companies, LLC, Revolver  
Unfunded Commitment $ 59
Fair Value $ 0
Investment, Identifier [Axis]: Vensure Employer Services, Inc.  
Variable interest rate 5.25% [5],[7],[8]
Interest Rate 10.63% [5],[6],[7],[8]
Par Amount $ 43 [5],[7],[8]
Cost 40 [3],[5],[7],[8]
Fair Value $ 40 [5],[7],[8]
Percentage of Net Assets 0.09% [5],[7],[8]
Investment, Identifier [Axis]: Vensure Employer Services, Inc., Delayed Draw Term Loan  
Unfunded Commitment $ 307
Fair Value $ (3)
Investment, Identifier [Axis]: Vertex Service Partners, LLC 1  
Variable interest rate 5.50% [5],[8]
Interest Rate 10.90% [5],[6],[8]
Par Amount $ 314 [5],[8]
Cost 306 [3],[5],[8]
Fair Value $ 306 [5],[8]
Percentage of Net Assets 0.71% [5],[8]
Investment, Identifier [Axis]: Vertex Service Partners, LLC 2  
Variable interest rate 5.50% [5],[7],[8]
Interest Rate 10.90% [5],[6],[7],[8]
Par Amount $ 151 [5],[7],[8]
Cost 142 [3],[5],[7],[8]
Fair Value $ 142 [5],[7],[8]
Percentage of Net Assets 0.33% [5],[7],[8]
Investment, Identifier [Axis]: Vertex Service Partners, LLC 3  
Variable interest rate 5.50% [5],[7],[8]
Interest Rate 10.90% [5],[6],[7],[8]
Par Amount $ 0 [5],[7],[8]
Cost (2) [3],[5],[7],[8]
Fair Value $ (2) [5],[7],[8]
Percentage of Net Assets 0.00% [5],[7],[8]
Investment, Identifier [Axis]: Vertex Service Partners, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 454
Fair Value (7)
Investment, Identifier [Axis]: Vertex Service Partners, LLC, Revolver  
Unfunded Commitment 81
Fair Value $ (2)
Investment, Identifier [Axis]: World Insurance Associates, LLC  
Variable interest rate 6.00% [4],[5]
Interest Rate 12.10% [4],[5],[6]
Par Amount $ 1,194 [4],[5]
Cost 1,157 [3],[4],[5]
Fair Value $ 1,175 [4],[5]
Percentage of Net Assets 2.71% [4],[5]
Investment, Identifier [Axis]: YI, LLC 1  
Variable interest rate 5.75% [4],[5]
Interest Rate 11.09% [4],[5],[6]
Par Amount $ 1,711 [4],[5]
Cost 1,677 [3],[4],[5]
Fair Value $ 1,677 [4],[5]
Percentage of Net Assets 3.87% [4],[5]
Investment, Identifier [Axis]: YI, LLC 2  
Variable interest rate 5.75% [4],[5],[7]
Interest Rate 11.09% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (3) [3],[4],[5],[7]
Fair Value $ (3) [4],[5],[7]
Percentage of Net Assets (0.01%) [4],[5],[7]
Investment, Identifier [Axis]: YI, LLC 3  
Variable interest rate 5.75% [4],[5],[7]
Interest Rate 11.09% [4],[5],[6],[7]
Par Amount $ 0 [4],[5],[7]
Cost (5) [3],[4],[5],[7]
Fair Value $ (5) [4],[5],[7]
Percentage of Net Assets (0.01%) [4],[5],[7]
Investment, Identifier [Axis]: YI, LLC, Delayed Draw Term Loan  
Unfunded Commitment $ 357
Fair Value (4)
Investment, Identifier [Axis]: YI, LLC, Revolver  
Unfunded Commitment 267
Fair Value $ (5)
Investment, Identifier [Axis]: iCIMS, Inc. 1  
Variable interest rate 7.25% [5],[8]
Interest Rate 12.62% [5],[6],[8]
Interest Rate, PIK 3.38% [5],[8]
Par Amount $ 908 [5],[8]
Cost 902 [3],[5],[8]
Fair Value $ 908 [5],[8]
Percentage of Net Assets 2.09% [5],[8]
Investment, Identifier [Axis]: iCIMS, Inc. 2  
Variable interest rate 7.25% [5],[7],[8]
Interest Rate 12.62% [5],[6],[7],[8]
Interest Rate, PIK 3.38% [5],[7],[8]
Par Amount $ 0 [5],[7],[8]
Cost (1) [3],[5],[7],[8]
Fair Value $ 0 [5],[7],[8]
Percentage of Net Assets 0.00% [5],[7],[8]
Investment, Identifier [Axis]: iCIMS, Inc. 3  
Variable interest rate 7.25% [5],[7],[8]
Interest Rate 12.62% [5],[6],[7],[8]
Interest Rate, PIK 3.38% [5],[7],[8]
Par Amount $ 14 [5],[7],[8]
Cost 13 [3],[5],[7],[8]
Fair Value $ 14 [5],[7],[8]
Percentage of Net Assets 0.03% [5],[7],[8]
Investment, Identifier [Axis]: iCIMS, Inc., Delayed Draw Term Loan  
Unfunded Commitment $ 188
Fair Value 0
Investment, Identifier [Axis]: iCIMS, Inc., Revolver  
Unfunded Commitment 70
Fair Value $ 0
[1]
Unless otherwise indicated, issuers of debt and equity investments held by the Company (which such term “Company” shall include the Company’s consolidated subsidiaries for purposes of this Consolidated Schedule of Investments) are denominated in dollars. All debt investments are income producing unless otherwise indicated. All equity investments are non-income producing unless otherwise noted. Certain portfolio company investments are subject to contractual restrictions on sales. Under the Investment Company Act of 1940, as amended (together with the rules and regulations promulgated thereunder, the “1940 Act”), the Company would be deemed to “control” a portfolio company if the Company owned more than 25% of its outstanding voting securities and/or held the power to exercise control over the management or policies of the portfolio company. As of December 31, 2023, the Company does not “control” any of these portfolio companies. Under the 1940 Act, the Company would be deemed an “affiliated person” of a portfolio company if the Company owns 5% or more of the portfolio company’s outstanding voting securities. As of December 31, 2023, the Company is not an “affiliated person” of any of its portfolio companies.
[2] Unless otherwise indicated, the Company's investments are pledged as collateral supporting the amounts outstanding under the SMBC Facility (as defined below). See Note 6 "Debt".
[3] The cost represents the original cost adjusted for the amortization of discounts and premiums, as applicable, on debt investments using the effective interest method.
[4]
Loan includes interest rate floor of 1.00%.
[5] These investments were valued using unobservable inputs and are considered Level 3 investments. Fair value was determined in good faith by or under the direction of the Company’s Valuation Designee (the “Valuation Designee”), under the supervision of the Company’s Board of Directors (the “Board of Directors” or “Board”) (see Note 2 and Note 5), pursuant to the Company’s valuation policy.
[6]
Variable rate loans to the portfolio companies bear interest at a rate that is determined by reference to either EURIBOR ("E"), LIBOR ("L" or “LIBOR”) or SOFR ("S") or an alternate base rate (commonly based on the Federal Funds Rate ("F") or the U.S. Prime Rate ("P")), which generally resets periodically. For each loan, the Company has indicated the reference rate used and provided the spread and the interest rate in effect as of December 31, 2023. For investments with multiple reference rates or alternate base rates, the interest rate shown is the weighted average interest rate in effect at December 31, 2023. As of December 31, 2023, the reference rates for our variable rate loans were the 1-month S at 5.35%, 3-month S at 5.33%, 6-month S at 5.16% and the P at 8.50%.
[7] Position or portion thereof is an unfunded loan commitment, and no interest is being earned on the unfunded portion, although the investment may earn unused commitment fees. Negative cost and fair value, if any, results from unamortized fees, which are capitalized to the cost of the investment. The unfunded loan commitment may be subject to a commitment termination date that may expire prior to the maturity date stated. See below for more information on the Company’s unfunded commitments as of December 31, 2023.
Investments — non-controlled/non-affiliatedCommitment TypeCommitment Expiration DateUnfunded CommitmentFair Value
First Lien Debt
AWP Group Holdings, Inc.Delayed Draw Term Loan08/01/2025$559 $(8)
AWP Group Holdings, Inc.Revolver12/24/2029176 (3)
Avalara, Inc.Revolver10/19/2028109 — 
Bradyifs Holdings, LLCDelayed Draw Term Loan10/31/2025139 (2)
Bradyifs Holdings, LLCRevolver10/31/2029142 (3)
Bullhorn, Inc.Revolver09/30/202654 — 
Chase Intermediate, LLCDelayed Draw Term Loan08/31/2025700 (13)
Chase Intermediate, LLCRevolver10/30/202835 (1)
Coupa Holdings, LLCDelayed Draw Term Loan08/27/2024147 (2)
Coupa Holdings, LLCRevolver02/27/2029112 (1)
E-Discovery AcquireCo, LLCRevolver08/29/202942 (1)
GPS Merger Sub, LLCDelayed Draw Term Loan10/02/2025335 (3)
GPS Merger Sub, LLCRevolver10/02/2029268 (5)
Investments — non-controlled/non-affiliatedCommitment TypeCommitment Expiration DateUnfunded CommitmentFair Value
GS AcquisitionCo, Inc.Revolver05/22/2026$75 $— 
Galway Borrower, LLCDelayed Draw Term Loan04/28/2024624 (7)
Gateway US Holdings, Inc.Revolver09/22/202654 — 
Helios Service Partners, LLCDelayed Draw Term Loan07/02/2025211 (2)
Helios Service Partners, LLCRevolver03/19/202719 — 
Higginbotham Insurance Agency, Inc.Delayed Draw Term Loan08/23/2025267 — 
Hyland Software, Inc.Revolver09/19/202990 (1)
Inszone Mid, LLCDelayed Draw Term Loan10/11/2025863 (9)
Inszone Mid, LLCRevolver12/11/2029117 (2)
Integrity Marketing Acquisition, LLCRevolver08/27/202663 (1)
Iris Buyer, LLCDelayed Draw Term Loan02/10/2030171 (3)
Iris Buyer, LLCRevolver02/10/2029199 (5)
KENG Acquisition, Inc.Delayed Draw Term Loan01/08/2025183 (2)
KENG Acquisition, Inc.Revolver01/08/202970 (1)
MRI Software, LLCDelayed Draw Term Loan12/19/2025195 (1)
MRI Software, LLCRevolver10/02/2027176 (1)
Magneto Components Buyco, LLCDelayed Draw Term Loan05/06/2025507 (6)
Magneto Components Buyco, LLCRevolver05/12/2029423 (11)
Mobile Communications America, Inc.Delayed Draw Term Loan10/16/2025330 (2)
Mobile Communications America, Inc.Revolver10/16/2029165 (2)
PPV Intermediate Holdings, LLCDelayed Draw Term Loan08/31/2025670 (6)
Peter C. Foy & Associates Insurance Services, LLCDelayed Draw Term Loan10/19/2024600 (3)
Portfolio GroupDelayed Draw Term Loan05/01/2024465 (4)
RSC Acquisition, Inc.Delayed Draw Term Loan02/14/202543 — 
Sonny's Enterprises, LLCDelayed Draw Term Loan05/11/202496 — 
Sonny's Enterprises, LLCRevolver05/08/2027145 — 
Summit Buyer, LLCDelayed Draw Term Loan08/25/2025788 (19)
Summit Buyer, LLCRevolver01/14/202691 (2)
Superman Holdings, LLCDelayed Draw Term Loan01/05/202595 (1)
Tank Holding Corp.Delayed Draw Term Loan05/22/2024237 (5)
Tidi Legacy Products, Inc.Delayed Draw Term Loan06/19/2025362 (4)
Tidi Legacy Products, Inc.Revolver12/19/2029261 (5)
Trintech, Inc.Revolver07/25/2029102 (2)
VRC Companies, LLCRevolver06/29/202759 — 
Vensure Employer Services, Inc.Delayed Draw Term Loan06/15/2025307 (3)
Vertex Service Partners, LLCDelayed Draw Term Loan08/11/2025454 (7)
Vertex Service Partners, LLCRevolver08/11/203081 (2)
YI, LLCDelayed Draw Term Loan06/06/2025357 (4)
YI, LLCRevolver03/12/2029267 (5)
Investments — non-controlled/non-affiliatedCommitment TypeCommitment Expiration DateUnfunded CommitmentFair Value
iCIMS, Inc.Delayed Draw Term Loan08/18/2025$188 $— 
iCIMS, Inc.Revolver08/18/202870 — 
Total First Lien Debt Unfunded Commitments$13,358 $(170)
Total Unfunded Commitments$13,358 $(170)
[8]
Loan includes interest rate floor of 0.75%.
[9]
The investment is not a qualifying asset under Section 55(a) of the 1940 Act. The Company may not acquire any non-qualifying asset unless, at the time of acquisition, qualifying assets represent at least 70% of the Company’s total assets. As of December 31, 2023 non-qualifying assets represented 2.47% of total assets as calculated in accordance with regulatory requirements.
[10]
Loan includes interest rate floor of 0.50%.
[11]
Securities exempt from registration under the Securities Act of 1933, as amended, and may be deemed to be “restricted securities”. As of December 31, 2023, the aggregate fair value of these securities is $16 or 0.04% of the Company’s net assets. The initial acquisition dates have been included for such securities.