Net Assets

12 Months Ended

Dec. 31, 2024

Equity [Abstract]

Net Assets

Net Assets

Equity Issuance

The Company has the authority to issue an unlimited number of Common Shares at $0.001 per share par value.

As of December 31, 2024, The Company had capital commitments totaling $526.5 million with unfunded commitments totaling $176.5 million and a percent called ratio of 66.5%. The following table summarizes the total shares issued and amount received related to capital drawdowns delivered pursuant to the Subscription Agreements for the period from March 11, 2024 (date of inception) to December 31, 2024:

Share Issue Date	Shares Issued	Net Proceeds Received
June 12, 2024	60	$	2
June 20, 2024	4,199,999	104,999
July 10, 2024	2,347,417	60,000
August 7, 2024	4,250,388	110,000
November 14, 2024	2,786,033	75,000
Total Capital Drawdowns	13,583,897	$	350,001

Distributions

The Company’s Board of Trustees declared a distribution of $13.2 million, or $0.97 per share, for the period from March 11, 2024 (date of inception) to December 31, 2024, which was paid in January 2025 to shareholders of record as of December 26, 2024.