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Consolidated Statements of Assets and Liabilities - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Investments, at fair value    
Investments, at fair value $ 1,580,678 [1],[2],[3] $ 1,598,857 [4],[5],[6]
Cash and cash equivalents 5,786 10,130
Restricted cash and cash equivalents 22,017 29,292
Interest and dividend receivable 9,932 11,008
Receivable from unsettled transactions 5,285 1,163
Unrealized appreciation on foreign currency forward contracts 2,082 4,815
Deferred tax assets 181 746
Other assets 1,667 263
Total assets 1,627,628 1,656,274
Liabilities    
Debt (net of deferred financing costs of $6,448 and $8,214, respectively) 875,315 875,837
Distributions payable 15,557 15,566
Interest and other debt financing costs payable 7,943 10,408
Management fees payable 5,119 5,066
Incentive fees payable 3,574 4,305
Deferred tax liabilities 181 746
Unrealized depreciation on foreign currency forward contracts 2,271  
Accrued expenses and other liabilities 3,593 3,709
Total liabilities 913,553 915,637
Commitments and Contingencies (Note 8)
Net assets    
Common stock, par value $0.001 per share (200,000,000 shares authorized, 37,039,657 and 37,061,547 shares issued and outstanding, respectively) 37 37
Paid-in capital in excess of par value 958,765 959,098
Accumulated earnings (loss) (244,727) (218,498)
Total net assets 714,075 740,637
Total liabilities and net assets $ 1,627,628 $ 1,656,274
Net asset value per share $ 19.28 $ 19.98
Non-controlled non-affiliated    
Investments, at fair value    
Investments, at fair value $ 1,487,246 $ 1,504,013
Non-controlled affiliated    
Investments, at fair value    
Investments, at fair value 30,476 46,793
Controlled    
Investments, at fair value    
Investments, at fair value $ 62,956 $ 48,051
[1] All debt investments are income-producing, unless otherwise noted. Equity and member interests are non-income-producing unless otherwise noted. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act. Its investments are therefore generally subject to certain limitations on resale, and may be deemed to be “restricted securities” under the Securities Act.
[2] All positions held are non-controlled/non-affiliated investments, unless otherwise noted, as defined by the 1940 Act. Non-controlled/non-affiliated investments are investments that are neither controlled nor affiliated.
[3] The fair value of the investment was determined using significant unobservable inputs unless otherwise noted, as defined by the 1940 Act. See Note 2 “Summary of Significant Accounting Policies”.
[4] All debt investments are income-producing, unless otherwise noted. Equity and member interests are non-income-producing unless otherwise noted. The Company generally acquires its investments in private transactions exempt from registration under the Securities Act. Its investments are therefore generally subject to certain limitations on resale, and may be deemed to be “restricted securities” under the Securities Act.
[5] All positions held are non-controlled/non-affiliated investments, unless otherwise noted, as defined by the 1940 Act. Non-controlled/non-affiliated investments are investments that are neither controlled nor affiliated.
[6] The fair value of the investment was determined using significant unobservable inputs unless otherwise noted, as defined by the 1940 Act. See Note 2 “Summary of Significant Accounting Policies”.