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CONSOLIDATED STATEMENT OF OPERATIONS
$ in Thousands
10 Months Ended
Dec. 31, 2024
USD ($)
$ / shares
shares
Investment Income  
Interest income $ 22,565
Fees and other income 705
Total investment income (loss) 23,270
Operating Expenses  
Interest and debt fees 8,958
Administration fees 1,607
Management fees 1,372
Incentive fees 2,064
Directors’ fees 79
Organizational costs 585
Legal expenses 1,142
Other expenses 1,007
Total expenses 16,814
Less: waivers (Note 3) (7,590)
Net expenses 9,224
Net investment income (loss) 14,046
Net realized gain (loss) from:  
Non-controlled, non-affiliated investments 42
Change in unrealized appreciation (depreciation) from:  
Non-controlled, non-affiliated investments 7,972
Total net realized and unrealized appreciation (depreciation) on investments 8,014
Net increase (decrease) in net assets resulting from operations $ 22,060
Weighted average shares outstanding (in shares) | shares 7,419,218
Net Investment Income per share, basic (in dollars per share) | $ / shares $ 1.89
Net Investment Income per share, diluted (in dollars per share) | $ / shares 1.89
Net increase in net assets resulting from operations per share, basic (in dollars per share) | $ / shares 2.97
Net increase in net assets resulting from operations per share, diluted (in dollars per share) | $ / shares $ 2.97