CONSOLIDATED STATEMENT OF CASH FLOWS $ in Thousands	11 Months Ended
	Dec. 31, 2025 USD ($)
Cash flows from operating activities:
Net decrease in net assets resulting from operations	$ (740)
Adjustments to reconcile net decrease in net assets resulting from operations to net cash used in operating activities:
Net realized gain on investments	(55)
Net change in unrealized appreciation on investments	(3,177)
Net change in unrealized appreciation on derivative contracts	(400)
Cost of investments purchased	(42,076)
Proceeds from sales and repayments of investments	408
Changes in operating assets:
Interest and other income receivable	(65)
Deferred offering costs	(2,146)
Changes in operating liabilities:
Payable for investments purchased	5,770
Management fee payable	18
Incentive allocation payable	434
Offering costs payable	2,828
Due to affiliate	2,599
Accrued organizational expenses	45
Accrued expenses and other liabilities	737
Net cash used in operating activities	(35,820)
Cash flows from financing activities:
Proceeds from issuance of units	46,997
Servicing fees paid	(1)
Net cash provided by financing activities	46,996
Net increase in cash and cash equivalents	11,176
Cash and cash equivalents, beginning of period	0
Cash and cash equivalents, end of period	11,176
Supplemental disclosures of non-cash information
Servicing fees payable	$ 74