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Agreements (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Management Fees and Incentive Fees

The following table summarizes the management fees and incentive fees incurred by the Company for the three months ended March 31, 2025 and March 31, 2024:


	Three Months Ended
	March 31, 2025		March 31, 2024
Management fee	$	10,233	$	10,997
Less: management fee waiver	(288)		(901)
Total management fee	9,945		10,096
Incentive fee, excluding accrued capital gains incentive fees	$	8,247	$	9,389
Less: incentive fee waiver	(1,534)		—
Total incentive fee	6,713		9,389
Accrued capital gains incentive fees(1)	$	—	$	—

(1)As of March 31, 2025 and March 31, 2024, no actual capital gains incentive fee was owed under the Investment Management Agreement by the Company, as cumulative net realized capital gains did not exceed cumulative unrealized capital depreciation.