Shareholder Transactions

3 Months Ended

Mar. 31, 2026

Equity [Abstract]

Shareholder Transactions

Shareholder Transactions

The Company expects to conduct a continuous private offering of its Common Shares (the “Private Offering”) in reliance on exemptions from the registration requirements of the Securities Act. In connection with the Private Offering, the Company has entered into, and expects to continue to enter into, subscription agreements with investors (each, a “Subscription Agreement”). An investor will make a capital contribution pursuant to a Subscription Agreement and will become a common shareholder in the Company bound by the terms of its organizational documents.

At March 31, 2026, the Company has unlimited Common Shares authorized with a par value of $0.001 per share. The following table reflects the shareholder subscriptions during the three months ended March 31, 2026 and March 31, 2025:

	For the Three Months Ended March 31, 2026			For the Three Months Ended March 31, 2025
Subscriptions(1)	Share	Amount		Share	Amount
Common Shares Sold	12,877	$	13,098	89,174	$	92,935
Total	12,877	$	13,098	89,174	$	92,935

__________

(1)All outstanding shares of the Company are held by an affiliate of the Adviser.

The following table reflects the distributions per share that the Company has declared on its Common Shares during the three months ended March 31, 2026 and March 31, 2025:

			For the Three Months Ended March 31, 2026
Declaration Date	Record Date	Payment Date	Distribution per Share		Distribution Amount
January 30, 2026	January 30, 2026	February 27, 2026	$	10.04	$	6,895
February 27, 2026	February 27, 2026	March 31, 2026	9.03		6,202
March 31, 2026	March 31, 2026	April 30, 2026	8.91		6,177
Total			$	27.98	$	19,274

			For the Three Months Ended March 31, 2025
Declaration Date	Record Date	Payment Date	Distribution per Share		Distribution Amount
January 31, 2025	January 31, 2025	February 28, 2025	$	10.99	$	4,102
February 28, 2025	February 28, 2025	March 31, 2025	10.86		4,309
March 31, 2025	March 31, 2025	April 30, 2025	10.02		4,207
Total			$	31.87	$	12,618