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Consolidated Statement of Operations - USD ($)
$ in Thousands
2 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2025
Investment income      
Interest income $ 10,723 $ 21,614 $ 41,514
Interest income - PIK 0 695 1,278
Other income 1,010 1,156 2,374
Total investment income 11,733 23,465 45,166
Expenses      
Interest expense 4,565 7,866 15,346
Management fee 618 1,535 2,905
Professional fees 426 465 1,036
Administration and custody fees 64 93 179
Directors’ fees 19 19 37
Other expenses 8 69 123
Total expenses 5,700 10,047 19,626
Less: Fees waived by the Adviser (618) (1,535) (2,905)
Net expenses 5,082 8,512 16,721
Net investment income 6,651 14,953 28,445
Realized and unrealized gains (losses)      
Net realized gains (losses) on investments and foreign currencies 89 439 707
Net change in unrealized appreciation (depreciation) on investments and foreign currencies 7,111 (3,526) (1,808)
Benefit (provision) for income taxes (1,046) 58 58
Net realized and unrealized gains (losses) 6,154 (3,029) (1,043)
Net increase (decrease) in net assets resulting from operations $ 12,805 $ 11,924 $ 27,402