v3.26.1
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
INVESTMENT INCOME:      
PIK interest income $ 70,285,000 $ 21,958,000 $ 2,158,000
Total investment income 1,448,012,000 554,209,000 109,809,000
EXPENSES:      
Interest and credit facility fees 478,004,000 141,497,000 24,798,000
Base management fee 110,940,000 46,991,000 9,713,000
Income based fee 104,134,000 43,324,000 7,622,000
Capital gains incentive fee 5,821,000 10,219,000 3,162,000
Administrative and other fees 8,135,000 5,794,000 3,018,000
Other general and administrative 15,652,000 8,686,000 4,009,000
Total expenses 735,459,000 265,767,000 57,138,000
Expense support (Note 3) (45,915,000) (36,744,000) (16,762,000)
Expense support recoupment (Note 3) 22,519,000    
Net expenses 712,063,000 229,023,000 40,376,000
NET INVESTMENT INCOME BEFORE INCOME TAXES 735,949,000 325,186,000 69,433,000
Income tax expense, including excise tax 504,000 787,000 946,000
NET INVESTMENT INCOME 735,445,000 324,399,000 68,487,000
Net realized gains (losses):      
Foreign currency transactions 187,000 1,203,000 (126,000)
Net realized gains 46,490,000 17,914,000 6,255,000
Net unrealized gains (losses):      
Foreign currency transactions (79,925,000) 10,346,000 (1,118,000)
Net change in deferred tax liabilities (5,486,000)    
Net unrealized gains (losses) (297,000) 63,803,000 19,297,000
Net realized and unrealized gains on investments and foreign currency transactions 46,193,000 81,717,000 25,552,000
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS 781,638,000 406,116,000 94,039,000
Class S      
EXPENSES:      
Capital gains incentive fee 5,821,000 10,219,000 3,162,000
Shareholder servicing and distribution fees 9,454,000 5,028,000 657,000
Class D      
EXPENSES:      
Offering expenses 1,705,000 3,864,000 4,123,000
Shareholder servicing and distribution fees 1,614,000 364,000 36,000
Non-controlled/non-affiliate company investments      
INVESTMENT INCOME:      
Interest income (excluding payment-in-kind ("PIK") interest income) 1,289,999,000 511,673,000 104,906,000
PIK interest income 67,603,000 18,151,000 3,134,000
Dividend income 26,960,000 6,650,000 277,000
Other income 46,711,000 13,636,000 1,492,000
Total investment income 1,431,273,000 550,110,000 109,809,000
EXPENSES:      
NET INVESTMENT INCOME 735,445,000 324,399,000 68,487,000
Net realized gains (losses):      
Non-controlled/non-affiliate company investments 46,298,000 16,710,000 6,381,000
Net unrealized gains (losses):      
Net unrealized gains (losses) 85,882,000 49,237,000 $ 20,415,000
Non-controlled affiliate company investments      
INVESTMENT INCOME:      
Interest income (excluding payment-in-kind ("PIK") interest income) 5,723,000 2,879,000  
PIK interest income 2,682,000 1,159,000  
Dividend income 0    
Other income 311,500 60,700  
Total investment income 8,717,000 4,099,000  
Net realized gains (losses):      
Non-controlled/non-affiliate company investments 4,800 1,000  
Net unrealized gains (losses):      
Net unrealized gains (losses) (768,100) 4,220,100  
Net realized and unrealized gains on investments and foreign currency transactions (768,000) $ 4,220,000  
Controlled affiliate company investments      
INVESTMENT INCOME:      
Interest income (excluding payment-in-kind ("PIK") interest income) 4,805,000    
Other income 3,217,400    
Total investment income $ 8,022,000