Consolidated Balance Sheets - USD ($)	Sep. 30, 2025		Dec. 31, 2024	[5]
Investments at fair value
Non-controlled, non-affiliated investments (amortized cost of $332,569 and $103,310, respectively)	$ 333,530,000	[1],[2]	$ 103,947,000	[3],[4]
Cash and cash equivalents	42,254,000		49,084,000
Interest receivable	2,247,000		775,000
Prepaid expenses and other assets	2,126,000		51,000
Total Assets	380,157,000		153,857,000
Liabilities
Management fees payable to affiliate	270,000		0
Incentive fees on net investment income payable to affiliate	272,000		0
Incentive fees on net capital gains accrued to affiliate	120,000		0
Investment payables	32,402,000		10,689,000
Total Liabilities	36,080,000		11,601,000
Commitments and contingencies (Note 7)
Net Assets
Members' capital	0		142,256,000
Paid-in capital (unlimited shares authorized, 17,146,374 shares issued and outstanding as of September 30, 2025)	342,928,000		0
Distributable earnings	1,149,000		0
Total Net Assets	344,077,000		142,256,000
Total Liabilities and Net Assets	$ 380,157,000		153,857,000
Net Asset Value Per Share	$ 20.07
Affiliated Entity
Liabilities
Other liabilities	$ 14,000		0
Nonrelated Party
Liabilities
Other liabilities	$ 3,002,000		$ 912,000

[1] In accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 820, Fair Value Measurements (“ASC Topic 820”), unless otherwise indicated, the fair values of all investments were determined using significant unobservable inputs and are considered Level 3 investments. See Note 5 for further information related to investments at fair value.

[2] Unless otherwise indicated, the Company’s portfolio companies are domiciled in the United States. Under the 1940 Act, the Company would “control” a portfolio company if the Company owned more than 25% of its outstanding voting securities and/or had the power to exercise control over the management or policies of such portfolio company. As of September 30, 2025, the Company does not “control” any of the portfolio companies. Also under the 1940 Act, the Company would be deemed to be an “Affiliated Person” of a portfolio company if the Company owns more than 5% of the portfolio company’s outstanding voting securities. As of September 30, 2025, the Company does not identify any of its portfolio companies as affiliates.

[3] In accordance with ASC Topic 820, unless otherwise indicated, the fair values of all investments were determined using significant unobservable inputs and are considered Level 3 investments. See Note 5 for further information related to investments at fair value.

[4] Unless otherwise indicated, the Company’s portfolio companies are domiciled in the United States. Under the 1940 Act, the Company would “control” a portfolio company if the Company owned more than 25% of its outstanding voting securities and/or had the power to exercise control over the management or policies of such portfolio company. As of December 31, 2024, the Company did not “control” any of the portfolio companies. Also under the 1940 Act, the Company would be deemed to be an “Affiliated Person” of a portfolio company if the Company owns more than 5% of the portfolio company’s outstanding voting securities. As of December 31, 2024, the Company did not identify any of its portfolio companies as affiliates. The amortized cost represents the original cost adjusted for the amortization of discounts and premiums, as applicable, on debt investments using the effective interest method.

[5] As of December 31, 2024, Crestline Lending Solutions, LLC (the “Company”) had not yet elected to be regulated as a business development company (“BDC”), and was operating as Crestline Lending Solutions Ramp, LLC (the “Ramp Vehicle”), a private fund based on an exception from the definition of "investment company" under Section 3(c)(7) of the Investment Company Act of 1940, as amended (the “1940 Act”).