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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities:    
Net Increase (Decrease) in Net Assets Resulting from Operations $ (103) $ 0
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:    
Purchases and originations of investments, net (133,689) 0
Net change in unrealized (gains) losses on investments 168 0
Net amortization of discount on investments (84) 0
Accrual of deferred offering costs (151) (538)
Amortization of deferred offering costs 840 0
Accrual of deferred financing costs (82) 0
Amortization of deferred financing costs 391 0
Changes in Operating Assets and Liabilities:    
Interest receivable (800) 0
Management fees payable 143 0
Interest payable 480 0
Dividend receivable (34) 0
Due to affiliate 1,263 0
Accrued expenses and other liabilities (204) 538
Net Cash Provided by (used in) Operating Activities (131,862) 0
Cash Flows from Financing Activities:    
Proceeds from issuance of Common Stock 90,000 0
Borrowings on debt 213,500 0
Repayments on debt (59,700) 0
Deferred financing costs paid (1,598) 0
Preferred Stock dividends (93) 0
Net Cash Provided by (used in) Financing Activities 242,109 0
Net Increase (Decrease) in Cash and Cash Equivalents 110,247 0
Cash and Cash Equivalents, Beginning of Period 32,280 0
Cash and Cash Equivalents, End of Period 142,527 0
Supplemental Information:    
Interest paid during the period $ 723 $ 0