Investment Portfolio

12 Months Ended

Dec. 31, 2024

Investment Company [Abstract]

Investment Portfolio

Investment Portfolio

The following table summarizes the composition of the Company’s investment portfolio at cost and fair value as of December 31, 2024:

	December 31, 2024
	Cost		Fair Value		Percentage of Portfolio
Senior Secured Loans - First Lien	$	751,121	$	759,122	97.4	%
Money Market Fund	20,295		20,295		2.6	%
Total	$	771,416	$	779,417	100.0	%

The following table describes investments, excluding money market funds, by industry classification and enumerates the percentage, by fair value, of the total portfolio assets in such industries as of December 31, 2024:

	December 31, 2024
Industry Classification	Fair Value		Percentage of Portfolio
Insurance Brokers	$	79,933	10.5	%
Diversified Support Services	77,480		10.2	%
Health Care Services	61,845		8.1	%
Systems Software	56,010		7.4	%
Application Software	53,495		7.0	%
Air Freight & Logistics	50,560		6.7	%
Specialized Consumer Services	38,449		5.1	%
Construction & Engineering	34,508		4.5	%
Property & Casualty Insurance	29,449		3.9	%
Health Care Technology	29,234		3.9	%
Electrical Components & Equipment	21,954		2.9	%
Publishing	21,307		2.8	%
Trading Companies & Distributors	20,930		2.8	%
Environmental & Facilities Services	20,561		2.7	%
Specialty Chemicals	18,315		2.4	%
Research & Consulting Services	16,941		2.2	%
Consumer Finance	16,057		2.1	%
Cargo Ground Transportation	14,482		1.9	%
Human Resource & Employment Services	13,991		1.8	%
Personal Care Products	12,576		1.7	%
Education Services	12,448		1.6	%
Health Care Equipment	11,135		1.5	%
Commercial & Residential Mortgage Finance	6,932		0.9	%
Diversified Financial Services	5,821		0.8	%
Asset Management & Custody Banks	5,090		0.7	%
Health Care Facilities	5,059		0.7	%
Food Distributors	4,646		0.6	%
Hotels, Resorts & Cruise Lines	4,493		0.6	%
IT Consulting & Other Services	4,343		0.6	%
Construction Machinery & Heavy Transportation Equipment	4,167		0.5	%
Real Estate Services	2,567		0.3	%
Interactive Media & Services	2,009		0.3	%
Aerospace & Defense	1,419		0.2	%
Electronic Equipment & Instruments	916		0.1	%
Total	$	759,122	100.0	%